Dedicated:
June 12, 2007
SPONSOR: Jacque
and Larry Nicola
In
honor of their parents, Lillie and Fouad Nicola and Dixie Justice
LAND
OF COTTON:
Vicksburg Prepares for the Visit of President McKinley
When
William McKinley, the 25th president of the United States (1897-1901),
visited Vicksburg on
May 1, 19
01, cotton was “king” in Vicksburg and Warren County, as is
evidenced by this arch of cotton bales (each weighing about 450
pounds) that greeted him and his wife.
Vicksburg
had, at the time, a world-wide reputation for the quality of her
cotton, being located in the center of the long-stapled cotton
district, whose product, technically known as Bender’s cotton,
commanded the highest market price.
Not
only were
Vicksburg
’s fields fertile, but her development as a transportation hub, on
the
Mississippi River
with easy access to the railroad, made the city a “cotton center.”
The cotton trade was divided into two sharply defined branches-
cotton factors who represented the producer and cotton brokers who
represented the manufacturer.
In
1888,
Vicksburg
’s cotton receipts were 60,000 bales valued at $3,000,000. The
Vicksburg Cotton Exchange, an organization founded in 1874, received
all cotton market reports during the regular season and performed the
functions of the city’s board of trade.
Other
businesses associated with the cotton trade were cotton compresses and
three cottonseed oil mills- the Refuge, the
Vicksburg
, and the Hill City Cottonseed Oil Company.
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