Geological Survey of Alabama; Report ...

Geological Survey of Alabama; Report ...

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1883 edition. Excerpt: ...this way, cotton comes to be the paramount crop, and there is little chance for rotation with other things. In this connection, it will be instructive to read the reports given under Section IV, treating of cultural details. It will there be seen that the system of credits in the large cottonproducing regions prevails to such an extent that the whole cotton crop is usually mortgaged before it is gathered; and when we consider that the prices charged for provisions, etc., thus advanced, are at least fifty per cent. higher than regular market rates, and that the cost of producing cotton is given by our correspondents, almost without exception, at eight cents a pound, it will need very little calculation to show that the laborer who makes a profit of only two or three cents a pound, or $12 to $15 a bale, on his cotton, will have the chances too greatly against him ever to be out of debt to his merchants, when he relies solely upon this crop to provide the money; and the exorbitant interest on the money advanced is not likely to be lessened so long as the merchants' risks continue to be as great as they are. In the Tenneas-oe and Coosa Valleys, which are also large cotton-producing sections, a. similar state of things may be observed. In Madison and Talladega-counties the blacks outnumber the whites, and in both we find the product per acre felling far below the average of the region in which they are situated. Thus Madison shows a. product of 0.28 bale, against the average of 0.32 for the whole Tennessee Valley; and Talladega a. product of only 0.36 bale, when the average for the Coosa. Valley region, of which it is a part, is 0.40. Whe1'ever the black population is in excess of the white we may take it for granted that the system more

Product details

  • Paperback | 222 pages
  • 189 x 246 x 12mm | 404g
  • United States
  • English
  • black & white illustrations
  • 1236971795
  • 9781236971791