The Great Depression pushed cotton prices to drastically low levels. The Memphis economy was suffering.
In early 1931, Arthur Halle and a group of businessmen founded a festival to promote cotton and Memphis. The first Cotton Carnival was held in March, but soon moved to May, a warmer month. Today’s Carnival is usually held the first week of June.
Because of segregation, blacks could not participate. So Dr. R.Q. Venson founded what became the Cotton Makers Jubilee in 1935 for African-Americans. The events ran parallel to one another for nearly half a century.
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