The Southwestern Historical Quarterly, Volume 67, July 1963 - April, 1964 Page: 349
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Alexander Penn Wooldridge
that the executive committee, of which Wooldridge was a part,
made the subject of the following report:
"What should be done in view of the deplorable
condition of the cotton market and the declining
tendency of its already distressingly low prices"
The production of cotton for the past two years has exceeded the
consumption about two million bales, and at the present time
it looks as if another average cotton crop would depress prices to
below four cents in the country.
The South is now passing through a period of excessive produc-
tion, to which cause we attribute the prevailing very low prices.
We urge united efforts of bankers, merchants and farmers to reduce
the acreage of cotton as much as possible. ...
A diversity of crops for home consumption would not only keep
a large amount of money that is now drained from out of the State,
but would put the farmers in an independent position, and make
them within five years the most prosperous of any in the Union. ...
The situation at the present time is one of depression and un-
easiness ... but we feel convinced that prompt and active co-
operation of the farmers through their respective organizations to
carry out the recommendations herein made would surely lead to
more confidence and accomplish the desired end.
... Be it also resolved: That the Secretary be instructed to have
printed ten thousand copies of said Circular Letter and send them
to the banks of the State for distribution in their respective localities.72
Wooldridge had been always the loyal Democrat and as his
prominence began coming to the fore, he was in line for appoin-
tive positions. The first governor to so honor him was James S.
Hogg, who, in 1891, made Wooldridge a commissioner for the
In 1892, the seventh and last child was born to A. P. Wooldridge
and his wife-another son, named Norman Wooten Wooldridge
in honor of the dear family friend, Dr. Thomas D. Wooten.
72Proceedings of the Eighth Annual Convention of the Texas Bankers' Association
Held at Waco, Texas, May zo, II, 12, 1892 (Galveston, n.d.), 21, 1oo. "Said Circular
Letter" is actually a reference to the preceeding report.
7sCertificate of appointment from J. S. Hogg to A. P. Wooldridge, March 7, 1893
(original in possession of Mabel Wooldridge Benson, Austin).
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 67, July 1963 - April, 1964, periodical, 1964; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth101197/m1/407/: accessed September 25, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.