Abstract
A LTHOUGH the cotton industry of Peru dates back to an era before the Spanish occupation, perhaps before the establishment of the picturesque kingdom of the Incas, it has become important commercially only during the last thirty years. The exports of cotton increased from 10 million pounds in 1896 to 90 million in 1924; they now amount in value to 26 per cent of the total exports (average 1921-1925) ranking next to sugar. In addition to the export movement more than 12,500 bales are consumed annually by domestic mills. The cotton industry is of basic importance to the entire economic life of the Republic. Cotton, unlike sugar cane, is the principal money crop of the small and medium-sized properties along most of the Peruvian coast. The industry is almost entirely under the guidance and ownership of Peruvians.
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