Augusta in Richmond County, Georgia — The American South (South Atlantic)
Cotton
Although was cultivated an in small quantities in the South during the eighteenth century, it was not considered a profitable crop because of the difficulty of separating the seed from the fiber.
In 1793, Eli Whitney, a young man from Massachusetts, accepted a teaching position in Georgia, and while residing as a guest on a friend's plantation, invented a device that would mechanically separate cotton seed from the fibers. Whitney's cotton engine or "gin" transformed the economy of the South.
Cotton became the great crop of the region, and the nation's main export. With every decade, production doubled, and most Southerners agreed with South Carolina Senator James Hammond's exclamation, "Cotton is King!"
As the center of a vast cotton growing empire, Augusta prospered as the second largest inland cotton market in the world, a distinction that it claimed until the mid-twentieth century.
Reynolds Street with its warehouses along the river was known as "Cotton Row.” The stacked bales were so numerous during seasons of peak market activity, that a person could walk on top of the bales in every
block "from Fifth Street to Thirteenth Street.”
Topics. This historical marker is listed in these topic lists: Agriculture • Industry & Commerce.
Location. 33° 28.686′ N, 81° 57.837′ W. Marker is in Augusta, Georgia, in Richmond County. Marker can be reached from 8th Street north of Reynolds Street, on the left when traveling north. Marker is located on the Augusta Riverwalk at the 8th Street crossing. Touch for map. Marker is at or near this postal address: 2 8th Street, Augusta GA 30901, United States of America. Touch for directions.
Other nearby markers. At least 8 other markers are within walking distance of this marker. Floods (a few steps from this marker); Founding of Augusta (a few steps from this marker); Great Indian Warrior / Trading Path (within shouting distance of this marker); William Bartram Trail (within shouting distance of this marker); The Levee (within shouting distance of this marker); De Soto In Georgia (within shouting distance of this marker); Indians (within shouting distance of this marker); Industrial Heritage (within shouting distance of this marker). Touch for a list and map of all markers in Augusta.
Related marker. Click here for another marker that is related to this marker. Augusta Cotton Industry
Also see . . . Augusta Cotton Exchange Building. Located on the banks of the Savannah River, Augusta has long been associated with the
cotton industry. At its height, Augusta was the second largest inland cotton market in the world. During that time, a group of prominent merchants organized the Augusta Cotton Exchange, and by 1878, its facilities received and processed 200,000 bales of cotton. In 1885, the city had eight cotton manufacturers. Eventually Augusta’s economic dependence on cotton began to decline due to the infestation of the boll weevil, and by 1964 the city no longer operated an exchange. (Submitted on February 22, 2018, by Cosmos Mariner of Cape Canaveral, Florida.)

Photographed By Cosmos Mariner, May 10, 2017
5. Augusta Cotton Exchange
Designed by Enoch William Brown, the Augusta Cotton Exchange Building was constructed in the mid-1880s at the height of both the production and trade of cotton in Augusta. The ornate cast-iron entrance elements underneath the projecting round corner turret complement the vigorous brick and stone details of this significant High Victorian building.
Credits. This page was last revised on October 21, 2020. It was originally submitted on February 22, 2018, by Cosmos Mariner of Cape Canaveral, Florida. This page has been viewed 443 times since then and 42 times this year. Photos: 1, 2, 3, 4, 5, 6. submitted on February 22, 2018, by Cosmos Mariner of Cape Canaveral, Florida. • Bernard Fisher was the editor who published this page.