The Lancaster news. (Lancaster, S.C.) 1905-current, April 06, 1907, Image 1
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VOL. 2. NO. !
The Mass Meetii
**%. ? a* ? A ? ?
SI. SEMI-WEEKLY;
ig Thursday tion for w<
ing cotton,
have alrea<
LEDGER 1852
IANC
ire-housing and hold- fesl
, the details of which cot
iv been mibliftheri in ?nr
REVIEW 1878
ASTER. S. C., APRIL 6.
t to every business man t
ton is the basis of our cr<
1 1U UL'lin) I ? a*?m ?! I a.
ENTERPRISE J89I
1907
liat ' tal to the producer of
edit.actually contributed
PRICE?FIVE CENT
cotton have build no ware
to the de- sellers, orgat
s PER COPY.
houses, employ,]no
lize no exchanges,
opienaia Address
ident Smith, <
Carolina Cottc
Association, ai
Moore, of the
lina Associatio
Fully Outlined
ses by rTes- fu? in Th
of the South explained
m Growers' idea is lo f,
nd President in every co
North Caro- the basis oi
n?The Plan produced ii
for the Far- stance, a c
e News. In brief, as me
by Mr. Moore, the | I
>rm a stock company gro
unty, capitalized upon wh
f $5 for every ^ale ma
u the county. For in this
ounty raising 20,000 inti
? "..UI.J ?iUi 'JiruuiHl
dium.
t is abeurb to expect the
and the poor and depend
ite producer to be abb
in tain the proper value
s article upon which ev
9rest, in the South i? rlor
iug j pression of t he price c
demanding from the
ne- settlement of their acc
ent out regard to the pric
9 to ton may he bringing
for that these account:
ery while those who are
ton. nri^u nm ~ ':
>f cotton by do not syste
producers a trate their caj
:oun?s wiih- the individual
;e that cot- property as 1
at the time t. e net- resu
s lall due, poverty,
making the Our plan f
matizo or concen*
pital, but leave to
to dispose of his
best he may, and
It is the South's
or organizing is to
mers to Realiz
ces for their C
In accordance w
ment previously ]
News, a rnaes mee
here Thursday to li
e Better Pri- bales, the <
'otton. $100,000.
be sent our,
ith announce- be P'a'
made in The oflicer8 in
tine; was held UP0U *or
iear an address anc* *or
3apital stock will be der
The money will njt froi
of the county, but ed
ced by tie company's org
banks, to be drawn the
erecting warehouses is t
ing up "weak cotton," as ]
it, when those who bu;
m them, up to now, have
the price, representing
anized brain and capital
world and whoso busines
o get the article as cliea
possible.
nociny ci lvt?
Y it that these accounts
fix- pressed, and that the
the owner of the cotton h
I of means of meeting th
is it tions save his cotto
ply by depressing the pri
the time that ?,
co uie iact Duua warelioi
are being of directors ar
holder or ager, and, as i
as no other money, allow
ese oblipa- hypothecate 1;
n. Hence, companies an
ce just, at sufficient to ]
f*f?niinlu arn ohliirn?wtMn *1
ises, elect a board
ul a business mancotton
is practically
the individual to
lis cotton to these
d receive a loan
meet his pressing
by President E. D.
State Cotton Grov
tion. Agreeably t
of the audience, N
accompanied by Pi
Moore, ot the Nortl
sociation Both g<
Smith, of the ?iati8,cot.
rers' Associa- are ob,iKed
o the surprise ^6 Price.
lr. Smith was W* 0 b<
resident 0. O. reache8 thi
h Carolina As- a88?c,a<;Ion
jntlemen, who to be d'v^
' U?U r .
ton that, the owners 1
. to sell regardless of and
All cotton so bought per
aid until the price Hei
3 figures fixed by the rep
; the profits realized is i
led among the stock- Iea^
rile North, British Amei
I Europe consume about
cent of our cotton cr
nee 85 per cent of our buj
resent foreign capital. N
t not an absurd propositioi
ve to the poor debt ridd
rica due, and by the hoidt
85 good accounts pressii
op. payment, the whole a
rers actually contributed
fow pression of the very fl
i to which the commercial
len, of the South is depen
Wtv uvii^ttUUUS, ti
its of these concentrate t
ig for their sell to the pu
mount has representing,
to the de- legitimate pre
irticle upen and a le^itim
expansion financier, pli
ident * cost nf w?r<
ies? companies to
heir holdings and
rchaser at a price
a^ said already, a
>fit to-the producer
tale profit to the
is the necessary
Oil oinnr lnonaiinra
are able and enthus
in the farmers' cau
ly entertaining ai
addresses, their r<
replete with valuab
for the members of
sociation and the p
iaatic workers , C1 "'
ae, made high- abIe lo ho1
td inatruutive waQlin? to
smarka being 8tore tl,e"
le information hou9e8 an<
the cotton aa- "?? mone:
ublicgeneral- r. Moo
Pnn WM^M r
i-ne company, .r armors ais<
d their cotton und not to j
sell may at any time tivt
' cotton in the ware- Eui
1, if they bo desire, lim
y advanced on same. gar
re said that some peo- poc
UthAI* QlrnrvfiA.il nlwiit U
organized producer of cot
?o up against the represei
?s of Northern, Canadian
ropean capitalists, with
ited resources, perfect
lization and expect them,
>r, disorganized, to win ?
ton It is to relieve this vei
ata- that the Southern Ci
and ciation was formed;
un fighting to bring all t:
or- in the South to reali:
the easity for mutual c
md The demand for cotto
ry situation and storing.
Dtton asso- ities for trans]
and it is muication ma]
lie interest of the cottor
ze the nec- South easily j
ooperation. derfully remi
n prodncts I beg the
lUDUHU^
The modern facilportation
and comkes
the organization
i interest of the
)ractical and wonmeratiye.
business men and
*y.
Th? meeting we
court house, and
building was not f
euce was a good an<
one. Notwithstam
that this is a very 1
it e i
r v *
ks held in the the farmer!
although the C60sfully fl'
nil, the audi ? comP??y
d appreciative 't'e', ?' "le
ding the fact pete,,t to d
, . caster is c<
busy time ou ,
, kuew that
** * * * wacpuuai n uuu t uri I
i being able to buc wit
lance and manage m;h shr
, but he hooted at the val
ir not being fully com wh:
o so. So far as Lau- The
oncerned he said he esti
there are mmiv f?r m. I irnc
ug lnio tne south in conl
h the world's richest i
ewdest anything like the
ue ot the cotton crop, uj
ich we all are depend*
>re is not a bank, mercan
nblishment or any busii
lict have advanced in th
and years far beyond the
full production,
pon Th9 amount, of co
snt? consumed today is
tile the spindle capacity o
?ess The spindles of the
e last few the newspape;
advance in study the pro!
in our earnest
>tton goods *
limited by i ufi
f the world. A lle"
world run
t*r
rs of the South to
blem and help us
effort to solve it.
Enterprise.
IiMU ItiriUH, u guou
were present, the vj
of the county bein
sented by intelligi
gressive men.
Col. W. C. Hong]
introduced the sp<
ftflnt Mnnru r\t W
many iarmers
Eirious sections erB In * *8 c
g well repre- 8uch
, said that
ent and pro
growth toe
ll presided and tri"ne who
)aker?, l're?i- "mce the
prominent
ounty capable of man- Sot
an undertaking. He red
much of Charlotte's int<
lay is due to Lancas the
have moved there ?
war aud have become of 1
in banking, commer- noii
nvxj ui nvuumioil in
ith that is not dependent
tly on the currency brou
3 circulation by the sab
cotton crop.
Jow it is manifestly the hei:
oily, from a business sta
tit. tO IflUVA In t l-l ?? nnn. .
ine ning lull time are n
di- meet the demaud
ght goods. The prices pair
s of manufactured cotton
higher than they
gilt since the war period,
nd- easily pay a much hi
t f A lit A _ _ A _ . 1 A
ot able to war
for cotton *n? Comp
1 today for Stock of
i goods are Thousand
have been Formed ii
Mills could
glier price Immediatel
enouse ana Holdany,
with Capital
One Hundred
Dollars, being
i Lancaster.
V after the mass
*?* WW* v J KJ K *.1
being the first. Mr
a plain, practical
meat.?and was giv
attention by his
pointed out some c
tages which have
bv the farmers of 11
viui wiiiio| i .
. Moore made l,ldu81
talk-lull ol
en the closest eat la. tli
hearers. He ,Mayer, a"d
< ?.i , lv aided ii
>f the advan- ,
, , Charlotte,
been derived
e* ., , the credit o
m Son n frnm
*
rial and other lines.? disc
?ned the Millers, the mir
ie Davidsons, T. M. est,
others who have great- moi
n the upbuilding of circ
He said that much of teir
>f Mecklenburg's fine the
1 w ?4*W l/l/Ul (
>rganized producer to del
ie in con Hot with the shrei
foreign buyer the amount
iey that shall be put it
ulation in the South, to
nine the deposits in our ban
amount of tzoods to hn s
ior tne raw material t
;er- paid and still clear
fed- profit per bale than tl:
of is now obtaining,
ito As an evidence of t
de- for cotton goods and
ks, that is in its mauui
nil I r.uni'acKipa rlialvi/if
nan is now meeting here
a greater were gotten u
ie producer tion of a cott<
holding comp
he demand The company
the profit tier tlie laws c
lacture, in will be knowi
v 1 l ?
> Thursday plans
p tor the organiza>n
warehouse and
any iu Lancaster,
will he formed un>f
this State and
a as ;<The Lancas
the cotton aeeociatio
been instrumental
price of cotton f
greatly below the' Ci
tion to something ii
tive figures?how ii
fluential in increasi
. ... macadam
ii?how it has
. . , Mayer, whc
in raising the . , ,
. of the boar(
rom a point
. , number of y
ost of produc,ke
reraunera- phksiden
t has been in- Moo
ns the use of Mr Smith
roads is due to Mr. by <
has been a member and
1 of supervisors for a the
ears. Kir|
t smith's speech. loP'
re was followed by * '!
a' vl (\ HalirravaH nnn "
Dur merchants, the comfu
conveniences of our hom
educalion of the hoys a
s of the South and thdenent
of fur resources, t
blithment of our manuf;
ng plants to manufacture I
v UlOU IVyl.f
>rls alone new mills repress
es, companies aggregating
.nd spindles have been
ve- and cons'rooted in ae
die or since 1900. A like
ac indicated in other Eur
the districts. In the Nor
uukihuu ter Uounty <
anting new and Holding
10,000,000 capital stock i
organized 00, divided in!
ven years, tjJe par value
increase is warehouse wil
opean mill town ot Lanca
ftlArti an<! A I A. ,k 4 r\n
^otton Warehouse
Company." The
* Jo be $100,000.to
20,000 shares of
of $5 each. The
1 be located in the
ister.
A A /\ m
cotton and cotton g
countries, and he e:
the association has i
ble for the farmers
price of the staple,
graphic picture ,of
ished and distresaec
oods in other hi8 charact
xplained how forceful spe
made it possi- was practi<
to dictate the of an interv
He drew a a day or twt
the impover- Since the
1 condition of t
" v>11 y 01 nu ui
TH w
eristically able and
eches. His address ^
?ally along the lines a,n
I'iiW
lew jiiven out by him
> ago as foliows :
r.. . , ?evi
Birmingham Con- .Q j.
Iintrn J
material in the South by t
ital of the South so as to (
i not only the profit on t
material, but the grea
fit on tlie finished article,
elop our water power so
iuht our cities, run our tat<
he Southern districts o
>h and in Canada, a9 one
In ident expressed it w]
ter why the mills of the
to view of the unprecede
as being made by them
ar pay more for the raw
?" a.uuui ^-?,uu
f America ed as soon as t]
? mill pres p?rH could be <
lien asked business and p
world in well as farm*
nted profit This is one of
, did not taut movemet
material. 1 it n n <mro (n/^I i
w.uu was subscribiie
subscription palrawn
up, leading
professional men as
*rs taking stock.
the most imports
that has been
the country in the
the farmers were i
their cotton as low
hundred pounds?d
never return it the
but stand loyally by
organization.
5 days when in organtzin
forced to sell Southern C
as .$4.60 per have
ays that will through All
farmers will Tho work h
their present cessful of at
committees
..?yv <?U?ageu |eg j
ig the work ot the
. . vi! L
otton association. 1
. .
completed a tour
ibama and Georgia,
as been the most sue- eaS1
lyyet accomplished: ^lt'<
have been unnrtitifeil ""
and connect our towns a
W8 with trolleys, to macat
e our roads.
/hen all of these could /
ly within our reach if the ,
lists in every county in t
th'Wore to join forces wi
nd replied, "We don't htn
la- is up to the South to c<
business interests to i
be "have to."
ca The Southern Oott<
he tion doos not propose?
ith it desire?to become a
-j iiMiu^uiaivu J
<Te to." It flome time, one
)mbiue her for the best int
nake fhem ton producers i
8ucce?s is assu
aoter and stan
associa- , ...
who are taking
?nor ilo?s in tiie enterpi
n element Qiiltanrihino UK
i" Ufiuc?Hier in
) that means much
erests of the cotof
this county. *It8
ired by the charding
of the men
Z an active interest
rise and who are
nfnl!? f ~
Hy reason ot th
manner in which t!
North Garolina ar
Mr. Moore said thai
ty, Mecklenburg, th
alized over $200,0
the cotton crop ol 1
e admirable to Hf?licit sn
lie farmers of jze warehoi
e organized, panies for I
I in liiB coun- financing t
e farmers re- maintaining
'00. more tor fjie grower.
OOo thtin for ovorv
^rrw.?vVw
bseriptions, to organ- 10
ise and holding com- ?n ^
the purpose of locally llMP
he cotton crop and PIftt
5 a profitable price to pnc
ton
place visited the the
producers of our cotton, a
vise, conservative busint
s formulate a simple, cor
ive plan by which a unifoi
:e could be fixed upon c<
, which price would inclu
cost of production and pr<
nd of predatory power, b
)98 to preserve the int
>p- competitive value of c
rm practical monopoly of i
at- necessity. The purchae
ide organizes its exchanj;
>fit out its buyers into eve
at simply tal stock. All v
rinsic and 5,1 w?,f?
otton, her "hou,<l ,??PP<"
tl Kvery farmer
the world's ,0|(o;
sing world come a stock!
?es, sends _
ry market, Riahnr*
vi any iu na uapivho
are interested
re of the farmers
t thin movement,
who raises a bale of
by all means beholder.
?o NT ?l
any crop over rai
county. The various
\ t ed together and ke
P* ' off the market uu
reached 11 cents.
Mr. Moore elabor
devised by the natii
Ke<I in that plan adopte
J clubs work- convention
pt the staple panies, for
.til the price neR0tiatillK
ting the cot
ated the plan business coi
onal associa- uniform ap
d by tho Birmingham '? *
tor organizing com- coni
building warehouses, I10(:<
loans and concentra- ^
ton in the hands of a yea
mmittee has met with ftnd
proval. It is mani- wh(
lie grower and profit to I
pany financing it plus t
essary carrying charges,
a it is now, and has been
rs, the merchant and ban!
business men of the Sot
) fusnish tlfe goods and ca
he concentrates all its ei
he capital in systematizin
centrating its powei
for purpose ol controlling
ler ket for its best inter
ith South, or the producer
pi-; and those dependent
fiergy and the Methodist
K and con- China this wee
* for the
the mar- Kver?
grocery
est. The Ke<1 Salmon, if
yet called on yon,
' of Cotton, kft 1'ackerH Aasocifl
, . onr temporary adi
upon him 0ated.
ai. r ui
i church, died in
)k.
utore nhonld carry Ar^o
the aalesmen have no
drop a card to the Alasition,
Atlanta, tia., where
rertiaiu^ offices are lo
..V, J