Cotton trade guide and student's manual; a text-book for the American trade and higher institutions of learning, showing operations of the cotton exchanges in connection with spots and futures historically treated, also a brief history of the industry and its development, with numerous practical problems . dustry of the South thathas moved by leaps and bounds ever since. Prior to that time the lint was taken from the seed byhand, or Roller Gins, the amount of a days work by handequaling one pound of clean cotton. Crude and primitiveforms of machines began to appear, the best of which con-stitu
Cotton trade guide and student's manual; a text-book for the American trade and higher institutions of learning, showing operations of the cotton exchanges in connection with spots and futures historically treated, also a brief history of the industry and its development, with numerous practical problems . dustry of the South thathas moved by leaps and bounds ever since. Prior to that time the lint was taken from the seed byhand, or Roller Gins, the amount of a days work by handequaling one pound of clean cotton. Crude and primitiveforms of machines began to appear, the best of which con-stituted a pair of rollers operated by hand, through or be-tween which the fibers were drawn, and upon the best con-structed machines, 60 to 70 pounds of lint cotton could beproduced for a days labor for one hand. The importance and value of the fiber as a material formaking wearing apparel and other useful articles was well--;wn. yet to secure it in sufficient quantities to justify itsintroduction as an article of general use, was a problem to *3See Appendix. The credit given t6 Whitney as being the orig-inator of the Gin bearing his name has been disallowed by some, al-leging one Miller as being a eo-inventor with him. See also, Saw Gin. COTTON EXCHANGES AND HISTORY OP COTTON 883 J7. ?p2ii!ne^. M/ry.,. Patent granted to Eli Whitney, March 14, 1794, it being the first patent ever issuedfor ii gin, and was signed by George Waslnngton, President, Edmund Randolph,Secretary of State, and Wta. Bradford, Attorney General of the United States. 384 COTTON EXCHANGES A^fD HISTORY 0* COTTON solve, due to the fact of the heavy expense attached to itsproduction in sufficient quantity. The primitive method of obtaining a sufficient amountof clean cotton, practically precluded its general usefulness,during which time, its culture was not extensively fostered,until the Roller Gin made its advent, after which a littlelife and stimulus was given to the industry. The announcement that a machine had b
Size: 1164px × 2146px
Photo credit: © The Reading Room / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1900, bookdecade1910, bookidcu3192401386, bookyear1915
