ARGUMENTS IN THE NEGATIVE 
Figure 2 
PURCHASING POWER OF COTTON AND ACREAGE AND PRODUCTION 
THE FOLLOWING YEAR, 1910-1926 
Purchasing 
power index 
MAA 
=n 
Production 
1000 bales) 
20,000 
15,000 
OC 
10.000 
= ABZ e~ 
7,500 
Acreage 
planted 
1000 acres) 
50,000 
4 000 
L 
Acreage 
planted 
30,000 
20 . 000 
1Q1U-11 
1¢ 
| 
~ 10,000 
1925-26