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Since Franklin D. Roosevelt moved into the White House, the U. S. price of cotton has more than doubled—up from 6¢ per lb. to above 12¢. As a result some enthusiastic Southerners believe that, comparatively, their section of the country has not been better off since 1861. Yet in and out of the South today are many thoughtful citizens who contend that the Cotton States are unwittingly paying a dreadful future price for their prosperity of the moment. The gist of this contention is that...
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