[382] Geo. W. Williams, interview, Charleston, S.C., Dec. 27, 1916.

[383] W. P. Carrington, interview, Charleston, S.C., Dec. 27, 1916.

[384] Geo. Williams, interview, Charleston, S.C., Dec. 27, 1916.

[385] H. R. Buist, interview, Charleston, S.C., Dec. 28, 1916.

[386] Julius Koester, interview, Charleston, S.C., Dec. 27, 1916.

[387] Boyce and Robinson, interview, Gastonia, N.C., Sept. 14, 1916.

[388] Thackston, interview, Greenville, S.C., Sept. 12, 1916.

[389] Boyce and Robinson, interview, Gastonia, N.C., Sept. 14, 1916.

[390] Royan, interview, Gastonia, N.C., Sept. 14, 1916.

[391] J. Lee Robinson, letter, Gastonia, N.C., Nov. 28, 1916.

[392] Boyce and Robinson, interview, Gastonia, N.C., Sept. 14, 1916, and Robinson, letter, Gastonia, N.C., Nov. 28, 1916.

[393] C. B. Armstrong, interview, Gastonia, N.C., Sept. 14, 1916.

[394] Robinson, letter, Gastonia, N.C., Nov. 28, 1916.

[395] Rogan, interview, Gastonia, N.C., Sept. 14, 1916.

[396] Estes, interview, Augusta, Ga., Dec. 29, 1916.

[397] Cleveland, interview, Spartanburg, S.C., Sept. 8, 1916.

[398] The trained men in the industry are in the technical branches, and that when a leader is wanted at the top, as for the president of a mill, a man is still chosen who enjoys a general business reputation rather than specific mill experience.

[399] Morris, interview, Salisbury, N.C., Sept. 1, 1916.

[400] Graydon, interview, Charlotte, N.C., Sept. 4, 1916.

[401] Augusta Trade Review, Oct., 1884.

[402] G. T. Lynch, interview, Augusta, Ga., Dec. 30, 1916, and Tracey I.

Hickman, interview, Augusta, Ga., Dec. 29, 1916.

[403] Estes, interview, Augusta, Ga., Dec. 29, 1916.

[404] Augusta Trade Review, Oct., 1884.

[405] News and Observer, Nov. 16, 1880.

[406] Augusta Trade Review, Oct., 1884.

[407] Hickman, interview, Augusta, Ga., Dec. 29, 1916.

[408] News and Courier, Feb. 24, 1881.

[409] Ibid., Aug. 12, 1881.

[410] Ibid., Aug. 12, 1881.

[411] Buist, interview, Charleston, S.C., Dec. 28, 1916.

[412] Keatz, interview, Salisbury, N.C., Sept. 1, 1916.

[413] Davis, interview, Salisbury, N.C., Sept. 1, 1916.

[414] Ball, interview, Columbia, S.C., Jan. 3, 1917, and Davison's Textile Blue Book, 1916.

[415] Brock, interview, Anderson, S.C., Sept. 11, 1916. See p.

[416] Thompson, pp. 82 ff.

[417] Interview, Columbia, S.C., Jan. 5, 1917.

[418] Goldsmith, p. 6.

[419] Tompkins, Cotton Mill, Commercial Features, p. 172.

[420] Goldsmith, p. 6.

[421] Thackston, interview, Greenville, S.C., Sept. 12, 1916. A mill man near Greenville said: "The money actually paid in was more or less local in those days (the early years of the period) but not much paid in."

(Gossett, interview, Anderson, S.C., Sept. 11, 1916.)

[422] W. J. Thackston, letter, Greenville, S.C., Nov. 28, 1916.

[423] Buist, interview, Charleston, S.C., Dec. 28, 1916.

[424] News and Courier, Feb. 24, 1881.

[425] Raworth, interview, Augusta, Ga., Dec. 30, 1916. He knew of no Southern mills quoted on any of the exchanges.

[426] Hickman, interview, Augusta, Ga., Dec. 29, 1916.

[427] Raworth, interview, Augusta, Ga., Dec. 30, 1916.

[428] Ball, interview, Columbia, Jan. 3, 1917.

[429] Ibid.

[430] Ragan, interview, Gastonia, N.C., Sept. 14, 1916.