74 COTTON 



and the annual output would be worth $2,000,- 

 000,000. 



"Then, indeed, would the South, without mon- 

 opolizing the world's cotton manufacturing in- 

 terests, be the dominant factor, the center of the 

 world's cotton mill business, producing 20,000,000 

 bales and consuming at home in its own mills 

 10,000,000 bales. 



"Both will come about in due time. The South 

 sees before it this prize, rich beyond words to 

 describe, creating wealth beyond anything which 

 this section or any other section has known, and 

 this is the prize a prize great enough to enrich an 

 empire for which it has entered the race. That 

 it will win admits of no question. " 



