Word: cottons
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...first incorporated town (1811), with the first incorporated bank (1816), site of the state's first constitutional convention (1819); from Confederate War Secretary Leroy Pope Walker in Huntsville came the 1861 order to fire on Fort Sumter. For years, Madison County was Alabama's top cotton producer (80,000 bales in 1948) and Huntsville, with nine mills, lived on King Cotton. The Depression almost left one-industry Huntsville a ghost town. Says a longtime resident: "If you could stand on the courthouse steps with as much as a dollar in your pocket, you were the richest...
Today. Sleepy Huntsville, "the water cress capital of the world," came alive almost overnight; its easy Southern cadences intermixed with the get-it-done twang of Yankee technicians and the business-first guttural of the German scientists. Although only one of the cotton mills now remains in operation, Huntsville thrives as never before on an $81-million-a-year Army payroll. Where once Huntsville extended a mile in each direction from its yellow brick courthouse, it now covers 40 square miles, with gracious antebellum homes, squalid Negro slums, and $15,000-per-unit development homes for Redstone...
...million from its quota in the International Monetary Fund, enabled it to defer payments on $186 million owed to the U.S. and the Export-Import Bank during the next three years, and to pay the U.S. in francs for $88 million worth of military supplies and surplus cotton...
When the time came for cotton planting last spring, Arizona Farmer Jack A. Harris saw a fine chance to teach the Government a lesson-and make himself a quick profit (TIME, July 22). A foe of all price supports, he put his 1,600-acre Pima County farm into the soil bank in return for a $209,701 Government check. Then he sidestepped the bank's purpose by sowing 4,500 acres of cotton in another part of the state. Even after paying an 18½? penalty a pound for growing cotton without an allotment (which amounted...
...last week with his crop about harvested, Farmer Harris could figure on little profit. Bad weather cut his crop severely. He had counted on two and a quarter 500-lb. bales to an acre, but is harvesting half a bale less an acre. In addition, cotton prices have so far failed to climb above the 34? a lb. Harris counted on to bring a profit. Since Harris had harvested less cotton than the total that the Government estimated when it assessed the huge penalty, he is eligible for a rebate, says he will apply for one this week. Said...