Lan< :a.si TJR Nf\S '.'v * . *4 :^. .1 7S 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 ;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 an11 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 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,