James Watt improves the design of the Newcomen engine perfecting the
steam engine which soon
replaces most natural power sources of wind and water.
The steam engine
is set to work on the newly invented power loom, the spinning Jenny and the
1775 All 13
colonies legalize slavery.
A slave can produce a 1,000 pounds of carded
cotton a day with a cotton gin.
Cotton becomes the first mass consumer
Cotton is one of the world's first luxury
Cotton is not
itchy like wool or
stiff like hemp.
1803 Over 20,000 slaves are brought into Georgia and South
Carolina to work in the cotton fields.
Cotton is the leading American
export from this year until 1937.
1850 Most of
the cotton is exported to Britain where the invention of the Spinning Jenny,
the Water Frame and the Power Loom have increased the demand for raw cotton.
America is producing 3,000,000 bales of cotton and the industry has
become a vital element of the South's economy.
|In the Lancashire cotton
mills (from which Marx and Engels derived their livelihood) , children worked
from twelve to sixteen hours a day; they often began working at the age of six
Children had to be beaten to keep them from falling asleep
while at work; in spite of this, many failed to keep awake and rolled into the
machinery, by which they were mutilated or killed.
been thrown out of work by the machines; rural laborers were compelled to
migrate to the towns by the Enclosure Acts, which used Parliament to make
landowners richer by making peasants destitute; trade unions were illegal until
1824; the government employed agents provocateurs to try to get revolutionary
sentiments out of wage-earners, who were then deported or hanged." - Bertrand
The market value of the southern slaves is:
roughly three times greater than the total amount invested in banks;
equal to about seven times the total value of all currency in
three times the value of the entire livestock population;
twelve times the value of the entire US cotton crop;
forty-eight times the total expenditure of the federal government this
"Cotton brought commercial
ascendancy to New York City, was the driving force for territorial expansion in
the Old Southwest and fostered trade between Europe and the United States.
One-fifth of Britain's twenty-two million people were directly or
indirectly involved with cotton textiles (tuberculosis)."
- Gene Dattel
New England mills
consumed 283.7 million pounds of cotton, or 67 percent of the 422.6 million
pounds of cotton used by US mills making New England mills dependent of
1873 William Sprague IV, of
Rhode Island, is the richest of the mill owners of New England.
thousands of bankruptcies throughout the country the ruin of the New England
mills attracts little attention.
Nobody in America wished to break down the
New England mills.
foreclosed New England mills did not cease operations.
joint stock incorporations were
set up controlled by the Money
Power and the mills were set in operation again, prices were stiffened up
to a point that yielded a fair profit and the mills resumed
1885 The "Cotton Seed Oil Trust"
takes possession of the small American producers to
manufacture bogus lard and cooking
The American producers had sold cotton seed oil as light
weight lubricating oil.
Southern cotton syndicate
is formed to subsidize the cotton
Decades before there was a
"debate" over GMOs and Monsanto's PR and law firms became the busiest of bees,
India was introduced to this corrupting, corporate giant that had no respect
for the laws of the land.
When this massive company did speak of laws,
these laws had been framed, essentially, by their own lawyers.
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