COTTON 



317 



CONSUMPTION AND PRODUCTION IN SOUTHERN 



STATES 



This table shows that from 1850 to 1890 there 

 was little gain in the percentage of Southern cotton 

 manufactured at home. While the quantity con- 

 sumed increased all the while, the quantity pro- 

 duced likewise increased, much of the time in 

 greater ratio than the increase in consumption. 

 In 1890, however, as indicated in the table, the 

 percentage manufactured in the Southern States 

 was more than twice what it was in 1880, al- 

 though the production had itself increased as much 

 as 25 per cent. During the past ten years the con- 

 sumption has grown very rapidly. 



SOUTHERN MANUFACTURING FAVORS THE 

 PRODUCER 



Not only has the Southern factory-owner certain 

 manifest advantages over his brother in New 

 England, but the cotton farmer is also a gainer in 

 having the factory at his door. Since New York 

 and Liverpool are the important market places of 

 the world, they naturally establish prices, and 

 consequently the Southern consumer pays prices 



