Historical Newspapers of South Carolina

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r COTTON OUTLOOK PLEASES HARRIS Thinks Crop Will Be Below Eleven Millions?Raw Material Famine. Commissioner Harris is very much encouraged over the outlook for the sale of cotton. He attended the Montgomery conference and thinks that things were set in motion there that will help the South. He advances several reasons therefor, The crop has a beautiful appearance in some sections, he says, but it is all weed, and the insects seem more ravenous than ever. There ic no hope for a larger crop than last year's, even with perfect weathe1 conditions. Xo matter how pigh cotton will go, there will be from ">0U,000 to 1,000,000 bales left <n 'he fields, for the high price or. ginning nd the low price of low g:ades wil! make it unprofitable to pick the bumble bee and dogtail. In a statement Commissioner Har.-is says: "A little less than a year ago Dr, John A Todd and other English experts attending the world's cottor conference in New Orleaninsisted that the world needed a " .">.00<),0<K bale American crop in 1020. Thai statement was repeated over anc over again when they went back tc England. They said that there was t world cotton famine already ir s;gnt. Fifteen Million Needed "They begged the South to raist 15,000,000 bales this year. A few weeks ago Dr. Todd made the dolo? ous statement in a Manchester paper that the South had failed thi: year and would not for many year: raise a crop of 15,000,000. "My estimate is that the crop this year will be 4,250,000 short of th( 15,000,000 that would be needed. "Just 30 days ago cotton sold foi 42 cents. Today the same cotton ii quoted at around 29 cents. It is i i i ; 0^rotkfc i ' at. a (.tin. en. ?! Anti-Ferment i u . ; I! CHILDREN v - m cowmmi* alcomol i F? tWiW. W tlx t j ISTOMACH ? < BOWELS Hi' ' **"* 0 'DyieaUry, &)? 4 *j|! | CKoierm Mor*u?JjjK. I Cn>njyigTyy. jj j DBBMlfeesgi --Tr?uv'^r i 2 ? m MtCTBB KBC Ug AWTI-rCWMEWT j ! MTiEiDAiatikjtC8ROCK HILL. 1 C I 1 I We are Excl 1 KL | Spell It E jjj But Take ^ ^ A Rich, Pure Milk R jjl a Process which Rets 5fi the Milk. Uj y; Free from Bacteri jjj in which Mlik may b< | Austin-Perr LC 31 !fi The Exclusive jfj Phone 107 I fact that the world realizes that we have a famine in the raw material, and the world realizes that the con? sumption of cotton will be greater next year than this year. We know that cotton goods have not decreas, ed in selling price. Cotton shirts , that once sold for $1.50 are now ,'bringing $3.50 to $5.00 each, and the amount of cotton In them by , [weight is worth about ten cents .'more than formerly. What is Wrong? "So there is something radically wrong? What is it? There is no cause for it in the world but the I drastic deflation processes of the : federal reserve board. This has I -> -'i :LI. -c? ii? 1 I made II possJUJt: iur me i'uuuii uujJers in Europe and in this country. The bear gamblers are using the op1 portunity thus created and are ' driving cotton prices down below i the cost of production. 1 j "There is no doubt that the action of the federal reserve board is responsible for theg reat slump in cot\ton. This has been pointed out very ' clearly by the editor of The Manu1 facturers Record and by Senator ' Owen of Oklahoma who was one of \ ' ' i the. authors of the law creating the ' board. "The speculators have planned well ahead and are expecting the farmers to do the same thing they 'have been doing for the last 40 I years?to rush at least three!fourths of the cotton on the market I j inth e first three or four months rwhen prices have been forced to a . low level by the eagerness of the . in thef rist three or four months . farmers to cash in and . get rid of their debts. Then, after 'the farmers have liquidated at 51 prices below the cost of production ,' he bear gamblers who then have the cotton in their possesion, ad, ance the prices and require a mar5 elous profit at the expense of the t nan who has worked several months .! n the year to make the raw proJduct. "But, with the intelligence and j the information that the farmers ,now have, I do not believe they will fall into the trap and do the sime | .old thing. For this is the most over | estimated crop that I have known in 40 years' conservation. i Condition Of Present Crop j "In my article on cotton last week, I stated that 65.5 would be nearer right for the condition, and I am now prepared to believe that the September report, if anyways ,near correct, will be or should be 55 per cent. Never in my life have I ,'seen a crop deterioate in the entire ,'belt as this one has, and I predicted it 60 days ago. We hear a lot about a big Texas crop. There is no truth 'in that state. I inquired, particularly of the Texas delegation as to crop : conditions. They said 'too much rain, weevils and worms.' "I am just in receipt of a letter !from my son in Denton, Texas, and ' he says that in many fields where he inwFiwnnwwwwwnni IJIJ UIJIJIJIIJ LJ1J1J UIJ IJjjH usive Agents | or ffi 1M i backwards I It Straight s m educed to Powder by Ifi Hi tins all Properties of JJJ Si a?The Cleanest way jjj i handled. Si ?i Sfi in Drug Co. I S Drug Store. Ijj Abbeville, S. C. uj K fiffiasfiffiifiifiififfifisfiffiffiifi HC 1 SOME PEOPLE S I BEEN MARVELO | STRICT ADHERE 1 RIGHT PRICES. The reason we pi g merchandise, that ii 8j therefore, if you ne S tell you as well as s ij ness forces us to, ar |j this community anc J Cash D J to HI J Now, in the furn: p Manufacturers giv< \fp mentplan. I THIS SCHEME dealers' accounts, 1 ted necessary expe ors The Fretwell-Al being the only ONI that has adhered st inspect this unusus The same courte assured of prompt ____ IFretw( ONE PRICE CASI has been 10 to 20 acres would not make a bale of cotton on account of the weevil and the boll worm. "I iwant the cotton producers of the South to get it out of thefr heads that we are going to make a big crop this year. Get off of the bear side of cotton and be a bull, a big bull with a hump on your back. ' "All the cotton states except two were represented at Montgomery, Arizona and Oklahoma being absent. The report was unanimous from all the states that deterioration was greater than had ever been known and that the government estimate was too high. I want to say to the cotton farmers and to those who have 1919 cotton, 'Just sit steady in the boat and you will see cotton go very much higher than it has been yet. The great big cotton bears of the world are now 1 crtorflrl ' j gCbbllig No Big Crop This Year |i "They know that here will be no ' big: crop this year and ' they will j soon run to cover. Just at this writj ing, I learn that cotton has adj vanced 200 points, the limit allowed by law for one day's fluctuations. And the reports stated that there was none for sale. "Now, just a word to those who are selling their first picking: If you will hold it off the market, put in a warehouse or under shelter, you will in a short time get $50 a bale more for it. "All that we have to do this year to make the South independently rich by obtaining for once a profit on cotton is to adopt the method, outlined by the American Cotton | nf '? Tlf nnffrnmovir cisauv;mi/iuii ?L uic iuunw^wi??v* J meeting:. The price fixing commitmittee recommended a price of 4o cents caling the price upwards one, cent a month after the first of October. The Farmer's Program "This committee weighed the situ-, ation very carefully and viewed it from every angle and standpoint, and fixed the price according to the law of cost of production and supply and demand of raw cotton. We n:: )ME C ay that the rapid us! but it has mer] :nce to three prin< at confidence first is that 1 5 not bought every day, ai ed anything in our line w< show you all about the vai id we want our store to sti 1 we will guarantee you a eatings Frc User Mak Furnitur iture trade it has been cus 5 dealers liberal terms an< IS EXPENSIVE. Mann: seeping books and taking jnses to their prices. IE PRICE ( verson Furniture Compa 3 PRICE CASH FURNIT ;rictly to these principles i il store with its unusual sv ariH welcome is eriven , and careful deliveries, fr< ill-Alversc "THE SERV I STORE. MB?MHH?HI lize that this was going to be another very short crop, the sixth in sue- j cession. There will never be another! crop as large as those we had prior j to 1914. "The association recommended i | I that 25 per cent of the best grades j of the 1920 cotton crop be put aside! and withheld from market for about; I i a year. Also we recommend thatj 'one-third of the cotton land planted', in 1920 in cotton be sowed in grain and planted in food crops. | "A committee was appointed to look inot the advisability of organizing an export corporation that they! might be able to get some of these j low grades of cotton into the mar- j kets of the world, as needed. "Tt wnc n-rcrpH tn market this errm i very slowly. According to the law of supply and demand, by the with-i holding of this crop from the mar-1 ket we are bound in a very short1 time to see cotton very much higher. I 'The spinners of the world have j very short stocks and are obliged to jhave cotton. We are going to make them deliver the goods. Even if cotton should go to 50 cents, cotton goods could sell off from present prices and yet leave a handsome profit for the mills. The farmers are not profiteers. They do not ^vish to extort from the public, buti they do resent having the world told j 'that the high price of cotton causes, the high price of fabrics, when this lis absolutely untrue." I i MAIL PLANES BEGIN JOURNEY TO MINEOLA ! ! I] Dawson, N. Y., Sept. 11.?The I airplane expedition returning; to ' Mineola, N. Y., from its flight to Nome, Alaska, left the Whitehouse today for Clenora on the Stikine river but encountering bad weather on Nakina summit three of the . planes returned latd this afternoon. The fourth plane had not been heard from early tonight. It is be lieved the plane went on to Wrangell or to the landing field at Glenora which is ten miles from wire i con mimical ion. I )UTFI' GROWTH OF OUR 1 ELY BEEN ACCOMP CIPLES. CONFIDENCE louse furnishings happen md few people understam 9 want you to come to our rious qualities because w< and as the reliable source personal service that yoi >m Manufa :es Minimu e Prices tomary to figure on longi most dealers in turn sel facturers must add somet risks?the dealers likewj :ash sto ny, Anderson, S. C., hast URE STORE south of the since its origin. You are ( displays. whether you come to buy < sight prepaid. ?n Furnitur ICE STORE." j.. AN J 4,000 NEW YORK COPS 1 c ASK BIG WAGE INCREASE! s< New York. Sept. 11?Fourteen thousand New York firemen and po- ^ licemen today asked for salaries of; ^ $2,500 a year, beginning January l.j They now receive from $1,450 to|8 c $1,900 a year. j A petition filed with the board of t estimate read: I \ wWe do not believe it necessary to present any facts or figures on the ij PALMETTO ;? Palmetto College offers tho raphy, Secretarial, Typew counting and kindred bran ;|: Palmetto College gives yOi iji Free Employment Departr calls for trained executive; in the South. We furnisl: jjj; business colleges with te struction. New equipment ij: Day and Night School. Po can complete the prescrib j|| Palmetto College in less tl ed in any other -school. Oi sents- every state in the Sc Pennsylvania. The reasoi ;! known everywhere. Address, Box 65, Varnvil or Box 173, Orangeburg, J Charleston, S. C. I The School That's K I We Pay Your Railroad Fs | PALMETTO ?rthero' rs I BUSINESS HAS 1 LISHED BY A 8 SERVICE AND I to be a class of a I their real value; g store and we will 0 3 know, our busi- I of information for | i will like. M cturers I m m I :J HI 1,1 < ji - /re ' ul ' -M 4 III '"I he distinction of 3 i, Mason-Dixon line I . ) cordially invited to m wm B % or not You are H I ' ' . i ' 'VV Jj& e Co. I DERSON, S. C. I ' . vt:3S ost of living or comparative wage . cales." ?*? ^ State and central labor organize ions of twelve Southern States have >een invited to name women deleates to a Southern woman labor , f\ onference to be held in Washington n November, under the auspices of he National Women's Trade Union jeague. Legal Blanks for Sale Here.? 'he Press and Banner Company. COLLEGE I 'J irough courses in Stenog- J riling, Bookkeeping, Ac- ? iches. A scholarship in j j i a membership in our : : nent- .We receive more i; 3 than all other colleges \ 1 all the old established j | iachers. Individual in- j! . Experienced teachers. ]: sitions guaranteed. You i: ied course of study in < ; lan half the time requir- < : ur student body repre- | i nith and as far east as i ; i is Palmetto College is j ; lie, S. C (Mother School) i i. C. or Wentworth St., nown Everywhere. ire to Palmetto CollegeCOLLEGE tolal ?