. Minutes . n increase of 465 per cent. In 1880 the capital invested in cotton mills was $21,000,-000, in round numbers, and in 1908 the value reached themarvelous sum of $266,500,000, or an increase of 1,169 percent. In 1880 the South only had 667,000 spindles. In 1908 shehad ,443,761, or an increase of per cent. In 1880 the Southern cotton mills consumed 217,380 balesof cotton; in 1908 they consumed over ,040 bales of 500pounds each, or an increase of 875 per cent. Address of Greeting from So?is of I reterans, 11 In 1880 the South had approximately $3,800,000 in cottonsee


. Minutes . n increase of 465 per cent. In 1880 the capital invested in cotton mills was $21,000,-000, in round numbers, and in 1908 the value reached themarvelous sum of $266,500,000, or an increase of 1,169 percent. In 1880 the South only had 667,000 spindles. In 1908 shehad ,443,761, or an increase of per cent. In 1880 the Southern cotton mills consumed 217,380 balesof cotton; in 1908 they consumed over ,040 bales of 500pounds each, or an increase of 875 per cent. Address of Greeting from So?is of I reterans, 11 In 1880 the South had approximately $3,800,000 in cottonseed oil mills; in 1908 she had approximately $91,000,000, or anincrease of 2/268 per cent. In 1880 the South produced $39,000,000 worth of lumber,ii round lumbers; in 1908 she produced in round numbers$368,000,000 worth of lumber, or an increase of 837 per cent. In 1880 the South produced in round numbers 397,000 tonsof pig iron; in 1908 she produced 3,446,000 tons, in round num-bers, or an increase of 766 per THE GREAT PARADE = HEAD OF THE COLUMN. In 1880 the South produced 180,000 barrels of petroleum;in 1908 she produced, in round numbers, 27,250,000 barrels, oran increase of over 15,000 per cent. In 1880 the South producted tons of coke, in roundnumbers; in 1908 she produced 9,300,000 tons, an increase of2,395 per cent. In 1880 the South had 20,000 miles of railroad: in 1908she had 67,000 miles. It is fair to say that only a small partof this was Southern capital. But it is Southern energy, laborand products that make them pay. In 1880 the value of the farm products of the South wasworth $050,000,000; in 1908 they were worth $2,223,000,000,or an increase of 312 per cent. 78 Nineteenth Annual Reu?iio?i—Memphis, Tenn., June 8-10, 09. In 1880 the South raised 5,700,000 bales of cotton; in1908 over 13,500,000 bales, or an increase of 234 per cent. In 1880 the South spent for public education $9,796,000;in 1908 she spent $37,690,000, or an increase of 285 per cent


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