New Britain herald., 1922-10-28
ment js as follows.

ment is as follows:
 Tn the so-called cotton belt which stretches across many of the southern states, Is produced 60 per cent. of the worlds supply of cotton. In fact, this cotton crop haS been so important that the south has practically given It's entire attention to cotton and thus become a one crop country. The boll-weeyil is now destroying a large percentage or this cotton crop, 30 that in many sections only one bale Of cot ton is gathered where two were orig finally produced. Of course, great ef- forts are being made to control the boil -weevil, and science will ultimately find 8 solution to this problem. In the meantime, however, there are several factors to be considered.
 First, our supply of cotton will be greatly reduced until this weevil is controlled. The amount produced for the next few years may not be more than half of the requirements of for mer years. This means that high prices may be expected both for raw cotton and for all manufactured cot ton goods for some time to come.
 Secondly, the south, which has been a one crop country, will be forced to raise other crops and be- come at least self-supporting. In pre- vious years the south has imported from the middle west nearly all the corn and large proportion of the meat which 1t has consumed. This year the south has raised sufficient corn for it's own use. It is also suc- which is so detrimental to raising good cattle. Herds of fine stock are rapidly increasing and the south, which has an ideal climate for all- year stock grazing, should soon be one of the most important stock raising sections of the country This means that the middle west will have a ser ious competitor in corn and stock raising
 "The third factor to consider is that the south will steadily increase its manufacture Of cotton into finished goods. Already it is shipping large quantities of these manufactured cot ton goods into the northern states. These southern mills can produce These southern mills can produce very economically and are at the source of the raw materials. This means that the cotton mills of the eastern states will have serious competition. Owing to the present immigration restrictions, these northern mills will soon be greatly handicapped as to labor sup ply which fact should also aid the south.
 "A fourth factor is that the south ern farmers are employing less labor on their farms than under previous conditions, many of them reducing labor one-half. The reason is that the farmers are planting larger | acreage in corn, hay and other crops and less acreage in cotton. These other crops require less labor to work than cotton does. Today there is a very considerable unemployment of | farm labor in the south. This means | that there will be ample labor for cot ton mills and other forms of manufac- turing, and for the development of natural resources
 Fifth and finally, the south Is realizing its need of effort and strug- gle in order to hold it's economic po- sition The bol-weevil is forcing up
 on it a new economic condition which it is now bravely struggling to meet
 I believe it has the will to meet these
 new conditions, but it needs capital
 The south has large undeveloped re
 sources. It has coal, mineral deposits and water power. It's seaport citie. | have good harbors which are stra logically located for commerce with Latin America and southern Europe Thus, as the south more fully realizes and grasps the opportunities which it holds, 1t will grow and develop rapid ly into commercial importance. This