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What was the purpose of the Buy a bale of cotton movement in GA during World War 1?
Wiki User
∙ 14y ago
The outbreak of war in Europe in 1914 prevented southern cotton growers from exporting their crop to European cotton mills. The "buy a bale of cotton" movement aimed to help growers by providing demand for their cotton. The campaign targeted people of comfortable means and urged them to buy a bale. With cotton selling at ten cents per pound, a 500-lb bale cost $50. The argument was that the cotton could then be warehoused until the next season, when the price of cotton would certainly have risen, and the buyer could sell his purchase for a ten to twenty percent profit. President Woodrow Wilson set an example by buying several bales in September 1914.
Wiki User
∙ 14y ago
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