Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1936-10-29

cessions obtained in the trade agree
ments entered into thus far, but the
State is sharing in the general i'm
provement throughout the country
which may to an important extent
be attributed to the reopening of for
eign markets for the products of
American agriculture and industry.
North Carolina produces many ag-
ricultural commodities in important
quantities, and also, in 1888, ranked
as the principal manufacturing State
of the South, and as the thirteenth
most important industrial State in the
Union. Numbered among the States
principal agricultural products are
tobacco, cotton, fruits, and vegetables.
Tobacco products, Semi-manufactur-
ed cottons, finished cottons and other
textiles are important products of the
States industry. The significance of
the Governments reciprocal trade
agreements program to these specific
branches of the States economic life
and to the State as a whole NAV be
seen from summary of concessions
on commodities which are of especial
interest to North Carolina, secured in
the IA agreements thus far conclud-
ed.
Tobacco and tobacco products:
North Carolina is the principal tobac-
reproducing State of the Union. In
1894, $4,000 acres were devoted to
the growing of tobacco, and the total
production was 418,8O2, 900 pounds, SO
Per cent of the total United States
production. In 1929, leaf tobacco to
a value of $6O,339,O 900 was exported.
That amount was 81 per cent of the
total direct exports of North Carolina
In 1882, the latest year for which
comparable data are available, $22,-
231, 900 worth of leaf tobacco, 81 per
cent of the States total direct exports
was shipped abroad. In addition, Gig
arettes to value of $2,364 900 and
smoking tobacco worth $124,00O were
exported.
Every effort is made in connection
with the negotiation of trade agree
ments to scale down foreign restric-
tons against the importation of Ame-
rican tobacco and to enlarge the OPP
portunities for marketing tobacco
abroad. Concessions of direct bene-
fit to American tobacco growers and
manufacturers have been obtained in
OF the ii agreements. Six countries
have given concessions on leaf tObac-
co and four countries have given con-
cessions on manufactured tobacco
The concessions include reductions in
foreign import duties and assurances
that existing rates will not be increas-
ed.
ciC of -
bacco to North Carolina, the regain
ing of foreign markets for American
tobacco and tobacco products is par
ticularly important to the State That
there have been gains in United
States exports is apparent from data
for the first six months of 1885 and
1886. The total United States exports
of leaf tobacco for the first six
months of 1885 were 1858, 900: for
the same period in 1896, they were
$43, 668,000. Exports of tobacco man
ufacturers also increased from 81
477000 in the first six months of
1885 to $5,139O00 in the comparable
period for 1886. Concessions obtain
ed in trade agreements should tend
to accelerate this upward trend of
exports.
Cotton: Cotton is the chief money
crop of North Carolina, which is sew
enth in Importance among cotton pro-
ducing states.
The southern states normally ex-
port more than one-half their entire
cotton crop. Hence all states are in
terested in regaining and safeguard
ing export markets. North Carolina's
direct exports of cotton decreased
from $21 ,318,0OO in 1929, when they
were Fl per cent of the States total
exports, to 1851, 900 in 1882, a de-
crease of 88 per cent. United States
exports of raw cotton were valued at
S764, 100000 in 1929; they had declin-
ed to $343, 100000 in 1882 They show
ed slight increase, to 1891, O0O, 900 in
1885. For the first six months of
1896, exports totaled $154,O82,O0O as
compared with $145, 592,OOO in the
same period of 1885, and in this in
North Carolina undoubtedly shared.
Concessions of direct benefit to
American cotton growers have been
granted by six countries, which guar
antee to continue the present favor
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