Abstract
The significance of the industry in economic history and in the study of international trade, 595. — I. Changes in domestic production: South Atlantic states, 598. — Mississippi delta, 603. — Southwestern states, 605. — California, 611. — Reduction in labor cost, 613. — Expansion of total output, 615. — Increasing yield per acre, 617. II. Competitive position of the American industry: Changes in imports and exports, 620. — Conditions favoring domestic culture, 623. — Advantages of oriental production, 628. — Relation of wages and other incomes to the comparative position of the respective industries, 636. — Conclusion, 641.
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