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." 
