20/ 



total; the while the Alpine Regions which are met in North and 

 South Carolina, Georgia, Tennessee, Arkansas and Texas produce 

 0.9% of tne tota l cotton production. 



Of the total cotton production in 1894, the product of each dif- 

 ferent State was as follows : — 



The production 



I exas - — 



7 7 T °/ 



3 3 • 1 70 



Georgia 



l 3- 2 » 



Mississippi 



12. 1 ., 



Alabama - 



10. 1 



Arkansas - 



8.6 ,. 



South Carolina - 



8.0 „ 



Louisiana 



6.0 



North Carolina - 



4-7 



Tennessee 



3>5 n 



Florida 



c.6 „ 



Remaining states 



0.1 



in 1893 were for ; — 





North Carolina - 



294 lbs. 



South Carolina - 



294 > ' 



Georgia 



294 n 



Alabama - 



350 f, 



Mississippi 



332 „ 



Louisiana - 



448 „ 



Texas 



418 „ 



Arkansas - 



329 ., 



Tennessee - 



289 „ 



or an average of 339.5 pounds of cleaned cotton per bouw. 



It is of consequence to us to know what the cost of production 

 thereof amounts to. 



The growing of cotton is in America nearly unlimited, as there 

 is there no lack of land and labour. 



From the given figures, referring to the differences between, the 

 total ar^a of farm-land, and the area of the different lands cultivated 

 with cotton, may be seen how the latter can be considerably en- 

 larged. Of the vast prairies there is left over 55% of farm-land of 

 which the greatest part is suitable to cotton growing. 



If the cotton prices* rise the consequence will be that waste 

 land will be made capable of a profitable undertaking. The pro- 

 duction is governed by capital and labour. 



The growing conditions are there so advantageous, that little 

 capital need be expended, for improving the land and manuring. 

 It may be said that J / 5 of all the horses and mules on the farms are 

 sufficient for the biggest possible harvest. 



The quantity of cotton which can be produced is determined by 



* The increase of the price of cotton is not always the result of an increase of con- 

 sumption but sometimes is urged on by speculators. The planter tempted by the high 

 prices and not suspecting the actual cause of the rise, thinks that the moment is of 

 advantage to put labour and capital in the cotton industry. This does not last long, 

 and before long the actual cotton prims are again paid, when the new planter finds 

 to his loss that he acted too rashly. 



