AND ETHICS.

325

A cotton-planter's estimate of the average margin of profit on
planting, in his section : One man and mule will raise ten acres of
cotton, giving ten bales cotton, worth, say, $500 ; cost of producing,
say $350 ; net profit, ,$150, or $15 per acre. There is also a profit
now from the cotton-seed, which formerly had little value—none

THE ISRAELITE.

where much transportation was necessary. In sixteen hundred pounds
crude cotton four hundred are lint, worth, say, ten cents a pound; and
twelve hundred pounds of seed, worth $12 or $13 per ton. Maybe
in future even the stems will not be thrown away. Mr. ISdward
Atkinson says that for each bale of cotton there are fifbeen hundred
the privilege of pTirchasing all their supplies at 100 per cent, profit ? *—Edrvard
AtMnson.