The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1920-11-16
Press Comment


hNMCAfGNA o. ne 949hNs
Because the price o. cotton has
slumped within the past months,
northerncrs who are not given 20 the
study Of statistics imagine that the
South II facing bankruptcy nothing
could be further from the truth. This
section today IL more prosperous than
"a ever wam. and promises 10 have tho
most successful winter IN It's history
While cotton II our staple crop lt
must be remembered that within the
past ten years the rotation Of
products has been successfully prac-
tioed here: that the men who may
lose a small amount on their cotton
holdings will more than make II hack
on other things. and that cotton Is
not the only thing or which we have
a monopoly. n the field Of materials
the south l. supreme. IN certain as
riculturai lines Ne lead all other
sections. even IN stock we make quite
a respectable showing and all q
these offerings are being sold ae the
highest prices which the respective
markets have known IN years
Here are some things which we are
producing. 100 per cent Of ths coun-
try's peanuts. lee per cent Of the
coantry's cane sugar. % per cent 81
the country's sweet potatoes. 80 per
cent ~ the country's rice. 30 per cent
% the country's spring vegetables. 20
per cent Of the country's sorghum
and allied cane products. IS pcr cent
of tho country's peaches. S. per cent
Of the eountry's citrus fruit: 39 per
cent 81 the country's eggs. 80 per cent
~ the country's apples Is per cent
o. the counir3's sugar
We produce some of the most al
liable mineral products which are
used in modern Industry. What il
still more encouraging. our resources
Ca this regard have barely been
scratched millions upon millions 81
dollars worth lie untouched Ia our
fields. Here are some ~ the minerals
which We are producing IN quantity
now. loo per cent o. The hauxite. 100
per cent ~ fuiicrs earth. 100 per
cent Of barytes. 90 per cent OF phos-
phate rock 80 per cent OF the coun-
ury's Sulphur % per cent Of the alu-
minum. 50 per cent Of the graphite
IS per cent ~ the asphalt. s. per cent
u the pyTites. 80 per cent Of the tale
and soapatone. ~ per cent 90 tho
coat. 20 per cent Of the lead and CINE
In ths cattle line We raise. 40 per
NtitA ~ AaN NMAtAta % tANi cent CT the
cattle; 80 per cent % the mich
cows
The entire section e country e. IA
vored rs a network ~ railroads
Which provide rapid transportation to
and from all points We have dis
cuased tho products AID adequate
warehouse may lie rented On the CEN
Ter ~ each industry. Economic forces
over which the grower has no control
have caused the cotton price 90 slump.
3ut likewise economic forces have
aused tho price Of practically every
trticia enumerated about Go rise be-
Nond all previous records. We wish
hat al northern journals would make
real study % our resources before
hey take snap Judgment and pro-
lounco ~ bankrupt. We are Tar from
such q wtRte-in fact we are prosper
ms a. never before. Nothing has
been snid here o. The Increase II man
ufacturing plants or ~ the growing
demand FOR the articles which are
made in this part of the south. We
have discussed the products u the
coil only But an Investigation % our
manufacturing record viii show that
be South Is also prosperous IN that
field. We have the goods which the
north needs Regardless OF how the
cotton crop may 60 the south viii
have money 20 pend this winter also
money Co lend 10 other section which
have not been 80 blessed with pros
9erity.--Nashville Tennocsseean.