- Cotton factor
This factor was usually located in an urban center of commerce, such as Charleston, Mobile, New Orleans, or Savannah, where they could most efficiently tend to business matters for their rural clients. Prior to the American Civil War, the states of Alabama, Georgia, Louisiana, and Mississippi were producing more than half of the world's cotton, although Arkansas, Tennessee, and Texas produced large amounts also. At the same time the port of New Orleans exported the most cotton, followed in second by Mobile.
Cotton factors also frequently purchased goods for their clients, and even handled shipment of these goods to their clients, among other services.
As one source notes,
The factor was a versatile man of business in an agrarian society who performed many different services for the planter in addition to selling his crops. He purchased or sold slaves for his client, arranged for the hiring of slaves or the placing of the planter's children in distant schools, gave advice concerning the condition of the market or the advisability of selling or withholding his crop, and bought for his client a large proportion of the plantation supplies.
Not all factors in the antebellum south were cotton factors; some were factors of other commodities. In 1858, for example, New Orleans boasted sixty-three sugar and molasses factors (Louisiana produced large amounts of sugarcane), but it probably had an even greater number of cotton factors.
- ^ Knut Oyangen. "American Agricultural History Primer: The Cotton Economy Of The Old South". Center for Agricultural History and Rural Studies. Iowa State University. http://www.history.iastate.edu/agprimer/Page28.html. Retrieved 16 January 2011.
- ^ "Mobile as a Cotton City 1820-1860". Alabama Moments in American History. Alabama Department of Archives and History. http://www.alabamamoments.state.al.us/sec07qs.html. Retrieved 16 January 2011.
- ^ Clement Eaton, A History of the Old South (Prospect Heights, Ill.: Waveland Press, 1975), p. 230.
- ^ Clement Eaton, The Mind of the Old South (Baton Rouge, La.: Louisiana State University Press, 1964), pp. 46-47.
Wikimedia Foundation. 2010.
Look at other dictionaries:
Factor (agent) — Chief factor redirects here. For chief factors in group theory, see Chief series. A factor, from the Latin he who does (from Latin facit, to do, parallel to agent, from Latin agens), is a person who professionally acts as the representative of… … Wikipedia
Cotton pad — cotton balls Cotton pads are pads made of cotton which are used for medical or cosmetic purposes. For medical purposes, cotton pads are used to stop or prevent bleeding from minor punctures such as injections or venipuncture. They may be secured… … Wikipedia
Cotton — For other uses, see Cotton (disambiguation). Cotton Hi … Wikipedia
Cotton thistle — Taxobox name = Cotton Thistle image width = 250px regnum = Plantae divisio = Magnoliophyta classis = Magnoliopsida ordo = Asterales familia = Asteraceae subfamilia = Carduoideae tribus = Cynareae genus = Onopordum species = O. acanthium binomial … Wikipedia
Cotton made in Africa — Logo Cotton made in Africa Cotton made in Africa is a project initiative launched and managed by the Aid by Trade Foundation (AbTF), headquartered in Hamburg. AbTF was founded in 2005 by Dr. Michael Otto, the Hamburg based business leader and … Wikipedia
New Orleans Cotton Exchange — Building U.S. National Register of Historic Places U.S. National Historic Landmark … Wikipedia
A Cotton Office in New Orleans — Artist Edgar Degas Year 1873 Type oil on canvas Dimensions 73 cm × 92 cm (29 in × 36 in) Location … Wikipedia
Two-factor theory of emotion — Schachter Singer (1962) The two factor theory of emotion, or Schachter Singer theory, states that emotion is a function of both cognitive factors and physiological arousal. According to the theory, people search the immediate environment for… … Wikipedia
Fearne Cotton — (born 3 September 1981) is an English presenter known for presenting a number of popular TV programmes such as Top of the Pops and Red Nose Day . She can also now be heard co hosting the BBC Radio 1 Chart show and also request show with Reggie… … Wikipedia
The X Factor (UK series 4) — The fourth UK series of The X Factor was broadcast on ITV in autumn 2007. The first show aired on 18 August 2007 and the series was won by Leon Jackson on 15 December 2007.cite news|title=Leon Jackson takes X Factor crown… … Wikipedia