There was also a phase of the movement distinctly moral in tone, as, e.g., the wide formation of temperance societies about this time.

[154] While it is clear that the purpose to build cotton mills in the South arose irrespective of the means at the disposal of the people with which to do so, and would have come about had their financial limitations been even more discouraging, it is certainly true that a revival of business at the time of the commencement of the cotton mill campaign was a spur to the widespread investigation into the profitableness of cotton manufacturing. That there was coming to be money seeking investment, or at any rate capable of investment, was good reason for the searching out of opportunities for productive industry. The following gives an insight into the better times that had begun: "The year that is just finished will be to the present generation a red-letter one, for it brought to an end the long and weary period of enforced economy and restricted business that followed the panic of 1873, and put every branch of industry at work. Agriculture was encouraged in the West and South by good crops and remunerative prices, the factories received more orders than they could fill, the railroads were blocked with freight, the mines were pushed to a greater extent than ever, and all other interests were quickened towards the end of the old year in a way that was full of promise." This summary of the year 1879 appeared in The Daily Constitution, Atlanta, January 7, 1880. The return to specie payments did much to stimulate trade. A contribution to the Savannah, Ga. Morning News, quoted by W. H. Gannon in "The Landowners of the South and the Industrial Classes of the North", pp. 6, 7 and 8. The article was probably written by Mr. Gannon himself.

The Rise of Cotton Mills in the South — Part 134

[155] Quoted from Savannah Morning News by W. H. Gannon, The Landowners of the South and the Industrial Classes of the North. "The cotton mill to the cotton field" was the familiar dogma which crystallized out of the course events were taking.

The Rise of Cotton Mills in the South — Part 134

[156] The term is taken from The News and Courier, where it was used first, perhaps, in the issue of January 31, 1881. Before long it had come to be a phrase in everybody's mouth, and proved to be apt beyond any thought, probably, of the editor who first ran the line over a column of notices of new mills established.

The Rise of Cotton Mills in the South — Part 134