Wiktionary
high cotton
n. (context US slang idiomatic English) the best of times; a time of well being.
Wikipedia
High Cotton (song)
"High Cotton" is a song written by Scott Anders and Roger Murrah, and recorded by American country music group Alabama. It was released in July 1989 as the third single from the album Southern Star. The song was one of four singles on the album to reach number one on the Hot Country Singles chart.
Usage examples of "high cotton".
In that era, newsprint had such a high cotton fiber content that The Times papers I own could be ironed, sewn together, and bound, good as new.
He would be shitting in high cotton, as his dead granny used to say.