Misplaced Pages

#62937

91-816: Deposits of the National Bank Reserve Bank were about $ 4,352,561 on January 13, 1914 and the bank had "a large number of country bank accounts, chiefly in the West and Southwest," handling a large degree of cotton exchange business. On January 27, 1914, the National Reserve Bank was taken over by the Mutual Alliance Trust Company , operating for a time as the Reserve Branch of the trust company. On February 2, 1909, Consolidated National Bank ratified

182-529: A French traveler of the 17th century who visited Safavid Persia , spoke approvingly of the vast cotton farms of Persia. Cotton ( Gossypium herbaceum Linnaeus) may have been domesticated 5000 BC in eastern Sudan near the Middle Nile Basin region, where cotton cloth was being produced. Around the 4th century BC, the cultivation of cotton and the knowledge of its spinning and weaving in Meroë reached

273-440: A coating for many cheeses , and to waterproof leather and fabric. Wax has been used since antiquity as a temporary, removable model in lost-wax casting of gold , silver and other materials. Wax with colorful pigments added has been used as a medium in encaustic painting , and is used today in the manufacture of crayons , china markers and colored pencils . Carbon paper , used for making duplicate typewritten documents

364-544: A commercial chain in which raw cotton fibers were (at first) purchased from colonial plantations , processed into cotton cloth in the mills of Lancashire , and then exported on British ships to captive colonial markets in West Africa , India , and China (via Shanghai and Hong Kong). By the 1840s, India was no longer capable of supplying the vast quantities of cotton fibers needed by mechanized British factories, while shipping bulky, low-price cotton from India to Britain

455-734: A deficit spiral that led to the country declaring bankruptcy in 1876, a key factor behind Egypt's occupation by the British Empire in 1882 . During this time, cotton cultivation in the British Empire , especially Australia and India, greatly increased to replace the lost production of the American South. Through tariffs and other restrictions, the British government discouraged the production of cotton cloth in India; rather,

546-1087: A diverse class of organic compounds that are lipophilic , malleable solids near ambient temperatures. They include higher alkanes and lipids , typically with melting points above about 40 °C (104 °F), melting to give low viscosity liquids. Waxes are insoluble in water but soluble in nonpolar organic solvents such as hexane , benzene and chloroform . Natural waxes of different types are produced by plants and animals and occur in petroleum . Waxes are organic compounds that characteristically consist of long aliphatic alkyl chains, although aromatic compounds may also be present. Natural waxes may contain unsaturated bonds and include various functional groups such as fatty acids , primary and secondary alcohols , ketones , aldehydes and fatty acid esters . Synthetic waxes often consist of homologous series of long-chain aliphatic hydrocarbons ( alkanes or paraffins) that lack functional groups . Waxes are synthesized by many plants and animals. Those of animal origin typically consist of wax esters derived from

637-616: A farmer who farmed one of the biggest cotton operations. He produced over sixty thousand bales. Cotton remained a key crop in the Southern economy after slavery ended in 1865. Across the South, sharecropping evolved, in which landless farmers worked land owned by others in return for a share of the profits. Some farmers rented the land and bore the production costs themselves. Until mechanical cotton pickers were developed, cotton farmers needed additional labor to hand-pick cotton. Picking cotton

728-431: A flash point >500 °F (>260 °C). Many polyethylene resin plants produce a low molecular weight stream often referred to as low polymer wax (LPW). LPW is unrefined and contains volatile oligomers, corrosive catalyst and may contain other foreign material and water. Refining of LPW to produce a polyethylene wax involves removal of oligomers and hazardous catalyst. Proper refining of LPW to produce polyethylene wax

819-487: A great deal of resources would have been required, likely restricting its cultivation to the elite. In the first to third centuries CE, recovered cotton fragments all began to mirror the same style and production method, as seen from the direction of spun cotton and technique of weaving. Cotton textiles also appear in places of high regard, such as on funerary stelae and statues. During the Han dynasty (207 BC - 220 AD), cotton

910-592: A high level. The export of textiles was one of the sources of wealth for Meroë. Ancient Nubia had a "culture of cotton" of sorts, evidenced by physical evidence of cotton processing tools and the presence of cattle in certain areas. Some researchers propose that cotton was important to the Nubian economy for its use in contact with the neighboring Egyptians. Aksumite King Ezana boasted in his inscription that he destroyed large cotton plantations in Meroë during his conquest of

1001-422: A new market for British goods, while the capital amassed from Bengal after its 1757 conquest was used to invest in British industries such as textile manufacturing and greatly increase British wealth. British colonization also forced open the large Indian market to British goods, which could be sold in India without tariffs or duties , compared to local Indian producers who were heavily taxed , while raw cotton

SECTION 10

#1732797975063

1092-501: A new revenue system that was biased in favour of higher value cash crops such as cotton and indigo , providing state incentives to grow cash crops, in addition to rising market demand. The largest manufacturing industry in the Mughal Empire was cotton textile manufacturing , which included the production of piece goods , calicos , and muslins , available unbleached and in a variety of colours. The cotton textile industry

1183-555: A number of other cotton seed companies selling GM cotton around the world. About 62% of the GM cotton grown from 1996 to 2011 was insect resistant, 24% stacked product and 14% herbicide resistant. Cotton has gossypol , a toxin that makes it inedible. However, scientists have silenced the gene that produces the toxin, making it a potential food crop. On 17 October 2018, the USDA deregulated GE low-gossypol cotton. Wax Waxes are

1274-475: A plan to acquire the Oriental Bank "by allowing its shareholders to subscribe to the shares of a new institution at $ 150 a share." The Oriental Bank had closed the year prior, but had paid its depositors in full. The new institution, to be named the National Reserve Bank, combined aspects of both banks. A special meeting was called for February 18 for final ratification by stockholders. On February 18, 1909,

1365-687: A reference to "tree cotton", Gossypium arboreum , which is native to the Indian subcontinent. According to the Columbia Encyclopedia : Cotton has been spun, woven, and dyed since prehistoric times. It clothed the people of ancient India, Egypt, and China. Hundreds of years before the Christian era, cotton textiles were woven in India with matchless skill, and their use spread to the Mediterranean countries. In Iran ( Persia ),

1456-432: A significant fraction of petroleum. They are refined by vacuum distillation . Paraffin waxes are mixtures of saturated n- and iso- alkanes , naphthenes , and alkyl - and naphthene-substituted aromatic compounds. A typical alkane paraffin wax chemical composition comprises hydrocarbons with the general formula C n H 2 n +2 , such as hentriacontane , C 31 H 64 . The degree of branching has an important influence on

1547-547: A soft, breathable , and durable textile . The use of cotton for fabric is known to date to prehistoric times; fragments of cotton fabric dated to the fifth millennium BC have been found in the Indus Valley civilization , as well as fabric remnants dated back to 4200 BC in Peru . Although cultivated since antiquity, it was the invention of the cotton gin that lowered the cost of production that led to its widespread use, and it

1638-414: A variety of fatty acids and carboxylic alcohols. In waxes of plant origin, characteristic mixtures of unesterified hydrocarbons may predominate over esters. The composition depends not only on species, but also on geographic location of the organism. The best-known animal wax is beeswax , used in constructing the honeycombs of beehives, but other insects also secrete waxes. A major component of beeswax

1729-924: Is a fossilized wax extracted from coal and lignite . It is very hard, reflecting the high concentration of saturated fatty acids and alcohols. Although dark brown and odorous, they can be purified and bleached to give commercially useful products. As of 1995 , about 200 million kilograms of polyethylene waxes were consumed annually. Polyethylene waxes are manufactured by one of three methods: Each production technique generates products with slightly different properties. Key properties of low molecular weight polyethylene waxes are viscosity, density and melt point. Polyethylene waxes produced by means of degradation or recovery from polyethylene resin streams contain very low molecular weight materials that must be removed to prevent volatilization and potential fire hazards during use. Polyethylene waxes manufactured by this method are usually stripped of low molecular weight fractions to yield

1820-455: Is especially important when being used in applications requiring FDA or other regulatory certification. Waxes are mainly consumed industrially as components of complex formulations, often for coatings. The main use of polyethylene and polypropylene waxes is in the formulation of colourants for plastics. Waxes confer matting effects (i.e., to confer non-glossy finishes) and wear resistance to paints. Polyethylene waxes are incorporated into inks in

1911-871: Is frequently used as a lubricant on drawer slides where wood to wood contact occurs. Sealing wax was used to close important documents in the Middle Ages . Wax tablets were used as writing surfaces. There were different types of wax in the Middle Ages, namely four kinds of wax ( Ragusan , Montenegro , Byzantine , and Bulgarian ), "ordinary" waxes from Spain , Poland , and Riga , unrefined waxes and colored waxes (red, white, and green). Waxes are used to make waxed paper , impregnating and coating paper and card to waterproof it or make it resistant to staining, or to modify its surface properties. Waxes are also used in shoe polishes , wood polishes , and automotive polishes, as mold release agents in mold making , as

SECTION 20

#1732797975063

2002-622: Is ineffective against many cotton pests, such as plant bugs , stink bugs , and aphids ; depending on circumstances it may still be desirable to use insecticides against these. A 2006 study done by Cornell researchers, the Center for Chinese Agricultural Policy and the Chinese Academy of Science on Bt cotton farming in China found that after seven years these secondary pests that were normally controlled by pesticide had increased, necessitating

2093-425: Is myricyl palmitate which is an ester of triacontanol and palmitic acid . Its melting point is 62–65 °C (144–149 °F). Spermaceti occurs in large amounts in the head oil of the sperm whale . One of its main constituents is cetyl palmitate , another ester of a fatty acid and a fatty alcohol . Lanolin is a wax obtained from wool, consisting of esters of sterols . Plants secrete waxes into and on

2184-504: Is the most widely used natural fiber cloth in clothing today. Current estimates for world production are about 25 million tonnes or 110 million bales annually, accounting for 2.5% of the world's arable land . India is the world's largest producer of cotton. The United States has been the largest exporter for many years. There are four commercially grown species of cotton, all domesticated in antiquity: Hybrid varieties are also cultivated. The two New World cotton species account for

2275-591: The Bronze Age Indus Valley civilization , and cotton may have been an important export from it. Cotton bolls discovered in a cave near Tehuacán , Mexico, have been dated to as early as 5500 BC, but this date has been challenged. More securely dated is the domestication of Gossypium hirsutum in Mexico between around 3400 and 2300 BC. During this time, people between the Río Santiago and

2366-649: The Deep South . To acknowledge cotton's place in the history and heritage of Texas, the Texas Legislature designated cotton the official "State Fiber and Fabric of Texas" in 1997. China's Chang'e 4 spacecraft took cotton seeds to the Moon's far side . On 15 January 2019, China announced that a cotton seed sprouted, the first "truly otherworldly plant in history". Inside the Von Kármán Crater ,

2457-473: The Delhi Sultanate . During the late medieval period, cotton became known as an imported fiber in northern Europe, without any knowledge of how it was derived, other than that it was a plant. Because Herodotus had written in his Histories , Book III, 106, that in India trees grew in the wild producing wool, it was assumed that the plant was a tree, rather than a shrub. This aspect is retained in

2548-532: The Industrial Revolution in Britain provided a great boost to cotton manufacture, as textiles emerged as Britain's leading export. In 1738, Lewis Paul and John Wyatt , of Birmingham , England, patented the roller spinning machine, as well as the flyer-and-bobbin system for drawing cotton to a more even thickness using two sets of rollers that traveled at different speeds. Later, the invention of

2639-469: The James Hargreaves ' spinning jenny in 1764, Richard Arkwright 's spinning frame in 1769 and Samuel Crompton 's spinning mule in 1775 enabled British spinners to produce cotton yarn at much higher rates. From the late 18th century on, the British city of Manchester acquired the nickname " Cottonopolis " due to the cotton industry's omnipresence within the city, and Manchester's role as

2730-730: The Norte Chico , Moche , and Nazca . Cotton was grown upriver, made into nets, and traded with fishing villages along the coast for large supplies of fish. The Spanish who came to Mexico and Peru in the early 16th century found the people growing cotton and wearing clothing made of it. The Greeks and the Arabs were not familiar with cotton until the Wars of Alexander the Great , as his contemporary Megasthenes told Seleucus I Nicator of "there being trees on which wool grows" in "Indica." This may be

2821-511: The 1840s. Indian cotton textiles, particularly those from Bengal , continued to maintain a competitive advantage up until the 19th century. In order to compete with India, Britain invested in labour-saving technical progress, while implementing protectionist policies such as bans and tariffs to restrict Indian imports. At the same time, the East India Company's rule in India contributed to its deindustrialization , opening up

National Reserve Bank - Misplaced Pages Continue

2912-504: The 19th century. India's cotton-processing sector changed during EIC expansion in India in the late 18th and early 19th centuries. From focusing on supplying the British market to supplying East Asia with raw cotton. As the Artisan produced textiles were no longer competitive with those produced Industrially, and Europe preferring the cheaper slave produced, long staple American, and Egyptian cottons, for its own materials. The advent of

3003-733: The Arabic-speaking lands in the later medieval era at transformatively lowered prices. The earliest evidence of the use of cotton in the Old World , dated to 5500 BC and preserved in copper beads, has been found at the Neolithic site of Mehrgarh , at the foot of the Bolan Pass in ancient India , today in Balochistan Pakistan. Fragments of cotton textiles have been found at Mohenjo-daro and other sites of

3094-527: The Brazilian palm Copernicia prunifera . Containing the ester myricyl cerotate, it has many applications, such as confectionery and other food coatings, car and furniture polish, floss coating, and surfboard wax . Other more specialized vegetable waxes include jojoba oil , candelilla wax and ouricury wax . Plant and animal based waxes or oils can undergo selective chemical modifications to produce waxes with more desirable properties than are available in

3185-668: The British to cheap calico and chintz cloth on the restoration of the monarchy in the 1660s. Initially imported as a novelty side line, from its spice trading posts in Asia, the cheap colourful cloth proved popular and overtook the EIC's spice trade by value in the late 17th century. The EIC embraced the demand, particularly for calico , by expanding its factories in Asia and producing and importing cloth in bulk, creating competition for domestic woollen and linen textile producers. The impacted weavers, spinners, dyers, shepherds and farmers objected and

3276-685: The Consolidated National Bank of New York, capital was increased from $ 1,000,000 to $ 2,000,000. The National Reserve Bank of the City of New York formally opened its doors for business on March 8, 1909, at "the old banking quarters of the Oriental Bank" at 182 Broadway, corner of John Street in Manhattan, until new facilities at the City Investing Building could be completed at 165 Broadway . In late April 1909,

3367-482: The Consolidated name operative until March 1, 1909. On March 2, 1909, Will-tarn O. Allison (W.O. Allison), president of Consolidated National Bank, was voted president of the new National Reserve Bank entity formed by Consolidated's absorption of Oriental Bank's assets. Thomas J. Lewis and R. W. Jones Jr. were elected vice presidents, and George W. Adams, cashier. With the merger of the reorganized Oriental Bank with

3458-633: The Egyptian cotton industry. By the time of the American Civil war annual exports had reached $ 16 million (120,000 bales), which rose to $ 56 million by 1864, primarily due to the loss of the Confederate supply on the world market. Exports continued to grow even after the reintroduction of US cotton, produced now by a paid workforce, and Egyptian exports reached 1.2 million bales a year by 1903. The English East India Company (EIC) introduced

3549-495: The Mughal era. It was reported that, with an Indian cotton gin, which is half machine and half tool, one man and one woman could clean 28 pounds (13 kg) of cotton per day. With a modified Forbes version, one man and a boy could produce 250 pounds (110 kg) per day. If oxen were used to power 16 of these machines, and a few people's labour was used to feed them, they could produce as much work as 750 people did formerly. In

3640-570: The National Reserve Bank, formerly named Consolidated National Bank, opened for business in the City Investing Building. Deposits of the National Bank Reserve were about $ 4,352,561 on January 13, 1914. On January 27, 1914, the National Reserve Bank was taken over by the Mutual Alliance Trust Company , which was based at 35 Wall Street . The two companies had previously been affiliated and had shared directors. At

3731-468: The Northern and Southern hemispheres, but a large proportion of the cotton grown today is cultivated in areas with less rainfall that obtain the water from irrigation. Production of the crop for a given year usually starts soon after harvesting the preceding autumn. Cotton is naturally a perennial but is grown as an annual to help control pests. Planting time in spring in the Northern hemisphere varies from

National Reserve Bank - Misplaced Pages Continue

3822-530: The Río Balsas grew, spun, wove, dyed, and sewed cotton. What they did not use themselves, they sent to their Aztec rulers as tribute, on the scale of ~116 million pounds (53,000 tonnes) annually. In Peru , cultivation of the indigenous cotton species Gossypium barbadense has been dated, from a find in Ancon, to c.  4200 BC , and was the backbone of the development of coastal cultures such as

3913-540: The United States, even with the use of humans as slave labor. The gin that Whitney manufactured (the Holmes design) reduced the hours down to just a dozen or so per bale. Although Whitney patented his own design for a cotton gin, he manufactured a prior design from Henry Odgen Holmes, for which Holmes filed a patent in 1796. Improving technology and increasing control of world markets allowed British traders to develop

4004-598: The backbone of the southern American economy. In the United States, cultivating and harvesting cotton became the leading occupation of slaves . During the American Civil War , American cotton exports slumped due to a Union blockade on Southern ports , and because of a strategic decision by the Confederate government to cut exports, hoping to force Britain to recognize the Confederacy or enter

4095-417: The bank stockholders voted to enact the merger proposed by the directors, to take over the assets of Oriental Bank and merge them with Consolidated, creating the National Reserve Bank of the City of New York. The plan increased capital of the bank from $ 1,000,000 to $ 1,200,000. At the same meeting, 23 directors were elected to the new board, including E. A. Fisher and Mortimer H. Wagar . The bank planned to keep

4186-424: The basis of a new indigenous industry, initially producing Fustian for the domestic market, though more importantly triggering the development of a series of mechanised spinning and weaving technologies, to process the material. This mechanised production was concentrated in new cotton mills , which slowly expanded until by the beginning of the 1770s seven thousand bales of cotton were imported annually, and pressure

4277-645: The beginning of February to the beginning of June. The area of the United States known as the South Plains is the largest contiguous cotton-growing region in the world. While dryland (non-irrigated) cotton is successfully grown in this region, consistent yields are only produced with heavy reliance on irrigation water drawn from the Ogallala Aquifer . Since cotton is somewhat salt and drought tolerant, this makes it an attractive crop for arid and semiarid regions. As water resources get tighter around

4368-434: The calico question became one of the major issues of National politics between the 1680s and the 1730s. Parliament began to see a decline in domestic textile sales, and an increase in imported textiles from places like China and India . Seeing the East India Company and their textile importation as a threat to domestic textile businesses, Parliament passed the 1700 Calico Act, blocking the importation of cotton cloth. As there

4459-479: The capsule and seeds sit inside the Chang'e 4 lander. Successful cultivation of cotton requires a long frost -free period, plenty of sunshine, and a moderate rainfall, usually from 50 to 100 cm (19.5 to 39.5 in). Soils usually need to be fairly heavy , although the level of nutrients does not need to be exceptional. In general, these conditions are met within the seasonally dry tropics and subtropics in

4550-537: The cotton bolls will increase the dispersal of the seeds. The plant is a shrub native to tropical and subtropical regions around the world, including the Americas, Africa, Egypt and India. The greatest diversity of wild cotton species is found in Mexico, followed by Australia and Africa. Cotton was independently domesticated in the Old and New Worlds. The fiber is most often spun into yarn or thread and used to make

4641-497: The dual-roller gin was prevalent throughout the Mediterranean cotton trade by the 16th century. This mechanical device was, in some areas, driven by water power. The earliest clear illustrations of the spinning wheel come from the Islamic world in the eleventh century. The earliest unambiguous reference to a spinning wheel in India is dated to 1350, suggesting that the spinning wheel was likely introduced from Iran to India during

SECTION 50

#1732797975063

4732-521: The early 19th century had the fifth most productive cotton industry in the world, in terms of the number of spindles per capita. The industry was initially driven by machinery that relied on traditional energy sources, such as animal power , water wheels , and windmills , which were also the principal energy sources in Western Europe up until around 1870. It was under Muhammad Ali in the early 19th century that steam engines were introduced to

4823-650: The early 19th century, a Frenchman named M. Jumel proposed to the great ruler of Egypt, Mohamed Ali Pasha , that he could earn a substantial income by growing an extra-long staple Maho ( Gossypium barbadense ) cotton, in Lower Egypt , for the French market. Mohamed Ali Pasha accepted the proposition and granted himself the monopoly on the sale and export of cotton in Egypt ; and later dictated cotton should be grown in preference to other crops. Egypt under Muhammad Ali in

4914-596: The endes of its branches. These branches were so pliable that they bent down to allow the lambs to feed when they are hungry." (See Vegetable Lamb of Tartary .) Cotton manufacture was introduced to Europe during the Muslim conquest of the Iberian Peninsula and Sicily . The knowledge of cotton weaving was spread to northern Italy in the 12th century, when Sicily was conquered by the Normans , and consequently to

5005-493: The form of dispersions to decrease friction. They are employed as release agents , find use as slip agents in furniture, and confer corrosion resistance. Waxes such as paraffin wax or beeswax , and hard fats such as tallow are used to make candles , used for lighting and decoration. Another fuel type used in candle manufacturing includes soy . Soy wax is made by the hydrogenation process using soybean oil. Waxes are used as finishes and coatings for wood products. Beeswax

5096-544: The fourth largest GM cotton crop area of 2.6 million hectares in 2011. The initial introduction of GM cotton proved to be a success in Australia ;– the yields were equivalent to the non-transgenic varieties and the crop used much less pesticide to produce (85% reduction). The subsequent introduction of a second variety of GM cotton led to increases in GM cotton production until 95% of the Australian cotton crop

5187-568: The heart of the global cotton trade. Production capacity in Britain and the United States was improved by the invention of the modern cotton gin by the American Eli Whitney in 1793. Before the development of cotton gins, the cotton fibers had to be pulled from the seeds tediously by hand. By the late 1700s, a number of crude ginning machines had been developed. However, to produce a bale of cotton required over 600 hours of human labor, making large-scale production uneconomical in

5278-589: The history of cotton dates back to the Achaemenid era (5th century BC); however, there are few sources about the planting of cotton in pre-Islamic Iran. Cotton cultivation was common in Merv , Ray and Pars . In Persian poems, especially Ferdowsi 's Shahname , there are references to cotton ("panbe" in Persian ). Marco Polo (13th century) refers to the major products of Persia, including cotton. John Chardin ,

5369-477: The main pests in commercial cotton are lepidopteran larvae, which are killed by the Bt protein in the transgenic cotton they eat. This eliminates the need to use large amounts of broad-spectrum insecticides to kill lepidopteran pests (some of which have developed pyrethroid resistance). This spares natural insect predators in the farm ecology and further contributes to noninsecticide pest management. However, Bt cotton

5460-737: The merged institutions came to about $ 12,000,000. For a time, the office of the National Bank Reserve at 165 was continued as the Reserve Branch of the trust company. On February 18, 1909, directors were elected to the board of the newly formed National Reserve Bank of the City of New York, resulting in a board totaling Wagar, Nelson G. Ayres, Charles K. Beekman, Samuel Bettle, Eugene Britton , R. W. Jones Jr., George E. Keeney, Ludwig Nissen , William O. Allison , James G. Newcomb, E. A. Fisher, E.R. Chapman, E. Burton Hart, George V. Hagerty, Thomas J. Lewis , A. M. Probst, Robert E. Dowling, George L. Gillon, Harry J. Schnell, H. Louderbough, J.H. Parker, Thomas N. Jones, and Erskine Hewitt . On March 2, 1909, Hewitt

5551-405: The name for cotton in several Germanic languages, such as German Baumwolle , which translates as "tree wool" ( Baum means "tree"; Wolle means "wool"). Noting its similarities to wool, people in the region could only imagine that cotton must be produced by plant-borne sheep. John Mandeville , writing in 1350, stated as fact that "There grew there [India] a wonderful tree which bore tiny lambs on

SECTION 60

#1732797975063

5642-480: The new textile industries of the Northeastern United States and northwestern Europe. In 1860 the slogan " Cotton is king " characterized the attitude of Southern leaders toward this monocrop in that Europe would support an independent Confederate States of America in 1861 in order to protect the supply of cotton it needed for its very large textile industry. Russell Griffin of California was

5733-404: The properties. Microcrystalline wax is a lesser produced petroleum based wax that contains higher percentage of isoparaffinic (branched) hydrocarbons and naphthenic hydrocarbons. Millions of tons of paraffin waxes are produced annually. They are used in foods (such as chewing gum and cheese wrapping), in candles and cosmetics, as non-stick and waterproofing coatings and in polishes. Montan wax

5824-410: The raw fiber was sent to England for processing. The Indian Mahatma Gandhi described the process: In the United States, growing Southern cotton generated significant wealth and capital for the antebellum South, as well as raw material for Northern textile industries. Before 1865 the cotton was largely produced through the labor of enslaved African Americans. It enriched both the Southern landowners and

5915-616: The region. In the Meroitic Period (beginning 3rd century BCE), many cotton textiles have been recovered, preserved due to favorable arid conditions. Most of these fabric fragments come from Lower Nubia, and the cotton textiles account for 85% of the archaeological textiles from Classic/Late Meroitic sites. Due to these arid conditions, cotton, a plant that usually thrives moderate rainfall and richer soils, requires extra irrigation and labor in Sudanese climate conditions. Therefore,

6006-548: The rest of Europe. The spinning wheel , introduced to Europe circa 1350, improved the speed of cotton spinning. By the 15th century, Venice , Antwerp , and Haarlem were important ports for cotton trade, and the sale and transportation of cotton fabrics had become very profitable. Under the Mughal Empire , which ruled in the Indian subcontinent from the early 16th century to the early 18th century, Indian cotton production increased, in terms of both raw cotton and cotton textiles. The Mughals introduced agrarian reforms such as

6097-408: The surface of their cuticles as a way to control evaporation, wettability and hydration. The epicuticular waxes of plants are mixtures of substituted long-chain aliphatic hydrocarbons, containing alkanes, alkyl esters, fatty acids, primary and secondary alcohols, diols , ketones and aldehydes. From the commercial perspective, the most important plant wax is carnauba wax , a hard wax obtained from

6188-404: The time of the merge, the New York Times wrote that "both institutions have a large number of country bank accounts, chiefly in the West and Southwest, and handle much cotton exchange business." When the National Reserve was liquidated, its stockholders received the value "of the assets exceeding the amount of the deposits and a substantial payment for the good will of the institution." Deposits of

6279-410: The unmodified starting material. This approach has relied on green chemistry approaches including olefin metathesis and enzymatic reactions and can be used to produce waxes from inexpensive starting materials like vegetable oils. Although many natural waxes contain esters, paraffin waxes are hydrocarbons, mixtures of alkanes usually in a homologous series of chain lengths. These materials represent

6370-471: The use of pesticides at similar levels to non-Bt cotton and causing less profit for farmers because of the extra expense of GM seeds. However, a 2009 study by the Chinese Academy of Sciences, Stanford University and Rutgers University refuted this. They concluded that the GM cotton effectively controlled bollworm. The secondary pests were mostly miridae (plant bugs) whose increase was related to local temperature and rainfall and only continued to increase in half

6461-441: The vast majority of modern cotton production, but the two Old World species were widely used before the 1900s. While cotton fibers occur naturally in colors of white, brown, pink and green, fears of contaminating the genetics of white cotton have led many cotton-growing locations to ban the growing of colored cotton varieties. The word "cotton" has Arabic origins , derived from the Arabic word قطن ( qutn or qutun ). This

6552-442: The villages and then taken to towns in the form of yarn to be woven into cloth textiles, was advanced by the diffusion of the spinning wheel across India shortly before the Mughal era, lowering the costs of yarn and helping to increase demand for cotton. The diffusion of the spinning wheel, and the incorporation of the worm gear and crank handle into the roller cotton gin, led to greatly expanded Indian cotton textile production during

6643-506: The villages studied. Moreover, the increase in insecticide use for the control of these secondary insects was far smaller than the reduction in total insecticide use due to Bt cotton adoption. A 2012 Chinese study concluded that Bt cotton halved the use of pesticides and doubled the level of ladybirds, lacewings and spiders. The International Service for the Acquisition of Agri-biotech Applications (ISAAA) said that, worldwide, GM cotton

6734-543: The war. The Lancashire Cotton Famine prompted the main purchasers of cotton, Britain and France , to turn to Egyptian cotton. British and French traders invested heavily in cotton plantations. The Egyptian government of Viceroy Isma'il took out substantial loans from European bankers and stock exchanges. After the American Civil War ended in 1865, British and French traders abandoned Egyptian cotton and returned to cheap American exports, sending Egypt into

6825-582: The world, economies that rely on it face difficulties and conflict, as well as potential environmental problems. For example, improper cropping and irrigation practices have led to desertification in areas of Uzbekistan , where cotton is a major export. In the days of the Soviet Union , the Aral Sea was tapped for agricultural irrigation, largely of cotton, and now salination is widespread. Cotton can also be cultivated to have colors other than

6916-529: The world. A long-term study on the economic impacts of Bt cotton in India, published in the Journal PNAS in 2012, showed that Bt cotton has increased yields, profits, and living standards of smallholder farmers. The U.S. GM cotton crop was 4.0 million hectares in 2011 the second largest area in the world, the Chinese GM cotton crop was third largest by area with 3.9 million hectares and Pakistan had

7007-523: The yellowish off-white typical of modern commercial cotton fibers. Naturally colored cotton can come in red, green, and several shades of brown. The water footprint of cotton fibers is substantially larger than for most other plant fibers. Cotton is also known as a thirsty crop; on average, globally, cotton requires 8,000–10,000 liters of water for one kilogram of cotton, and in dry areas, it may require even more such as in some areas of India, it may need 22,500 liters. Genetically modified (GM) cotton

7098-426: Was GM in 2009 making Australia the country with the fifth largest GM cotton crop in the world. Other GM cotton growing countries in 2011 were Argentina, Myanmar, Burkina Faso, Brazil, Mexico, Colombia, South Africa and Costa Rica. Cotton has been genetically modified for resistance to glyphosate a broad-spectrum herbicide discovered by Monsanto which also sells some of the Bt cotton seeds to farmers. There are also

7189-559: Was a source of income for families across the South. Rural and small town school systems had split vacations so children could work in the fields during "cotton-picking." During the middle 20th century, employment in cotton farming fell, as machines began to replace laborers and the South's rural labor force dwindled during the World Wars. Cotton remains a major export of the United States, with large farms in California, Arizona and

7280-440: Was coated with carbon black suspended in wax, typically montan wax , but has largely been superseded by photocopiers and computer printers . In another context, lipstick and mascara are blends of various fats and waxes colored with pigments, and both beeswax and lanolin are used in other cosmetics . Ski wax is used in skiing and snowboarding . Also, the sports of surfing and skateboarding often use wax to enhance

7371-459: Was developed to reduce the heavy reliance on pesticides. The bacterium Bacillus thuringiensis (Bt) naturally produces a chemical harmful only to a small fraction of insects, most notably the larvae of moths and butterflies , beetles , and flies , and harmless to other forms of life. The gene coding for Bt toxin has been inserted into cotton, causing cotton, called Bt cotton , to produce this natural insecticide in its tissues. In many regions,

7462-405: Was elected chairman. Cotton Cotton (from Arabic al-qutn ) is a soft, fluffy staple fiber that grows in a boll , or protective case, around the seeds of the cotton plants of the genus Gossypium in the mallow family Malvaceae . The fiber is almost pure cellulose , and can contain minor percentages of waxes , fats , pectins , and water . Under natural conditions,

7553-401: Was grown by Chinese peoples in the southern Chinese province of Yunnan . Egyptians grew and spun cotton in the first seven centuries of the Christian era. Handheld roller cotton gins had been used in India since the 6th century, and was then introduced to other countries from there. Between the 12th and 14th centuries, dual-roller gins appeared in India and China. The Indian version of

7644-418: Was imported from India without tariffs to British factories which manufactured textiles from Indian cotton, giving Britain a monopoly over India's large market and cotton resources. India served as both a significant supplier of raw goods to British manufacturers and a large captive market for British manufactured goods. Britain eventually surpassed India as the world's leading cotton textile manufacturer in

7735-451: Was invented in India during the early Delhi Sultanate era of the 13th–14th centuries, came into use in the Mughal Empire some time around the 16th century, and is still used in India through to the present day. Another innovation, the incorporation of the crank handle in the cotton gin, first appeared in India some time during the late Delhi Sultanate or the early Mughal Empire. The production of cotton, which may have largely been spun in

7826-443: Was no punishment for continuing to sell cotton cloth, smuggling of the popular material became commonplace. In 1721, dissatisfied with the results of the first act, Parliament passed a stricter addition, this time prohibiting the sale of most cottons, imported and domestic (exempting only thread Fustian and raw cotton). The exemption of raw cotton from the prohibition initially saw 2 thousand bales of cotton imported annually, to become

7917-422: Was planted on an area of 25 million hectares in 2011. This was 69% of the worldwide total area planted in cotton. GM cotton acreage in India grew at a rapid rate, increasing from 50,000 hectares in 2002 to 10.6 million hectares in 2011. The total cotton area in India was 12.1 million hectares in 2011, so GM cotton was grown on 88% of the cotton area. This made India the country with the largest area of GM cotton in

8008-400: Was put on Parliament, by the new mill owners, to remove the prohibition on the production and sale of pure cotton cloth, as they could easily compete with anything the EIC could import. The acts were repealed in 1774, triggering a wave of investment in mill-based cotton spinning and production, doubling the demand for raw cotton within a couple of years, and doubling it again every decade, into

8099-603: Was responsible for a large part of the empire's international trade. India had a 25% share of the global textile trade in the early 18th century. Indian cotton textiles were the most important manufactured goods in world trade in the 18th century, consumed across the world from the Americas to Japan . The most important center of cotton production was the Bengal Subah province, particularly around its capital city of Dhaka . The worm gear roller cotton gin , which

8190-605: Was the usual word for cotton in medieval Arabic . Marco Polo in chapter 2 in his book, describes a province he calls Khotan in Turkestan, today's Xinjiang , where cotton was grown in abundance. The word entered the Romance languages in the mid-12th century, and English a century later. Cotton fabric was known to the ancient Romans as an import, but cotton was rare in the Romance-speaking lands until imports from

8281-461: Was time-consuming and expensive. This, coupled with the emergence of American cotton as a superior type (due to the longer, stronger fibers of the two domesticated native American species, Gossypium hirsutum and Gossypium barbadense ), encouraged British traders to purchase cotton from plantations in the United States and in the Caribbean . By the mid-19th century, " King Cotton " had become

#62937