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Bankers, Merch; 4 The South is now facing another serious situation. The price of cot-j has declined s orapidly that all those interested in this staple are con-j fronted with vast losses. At this moment cotton is selling below the cost or | production. With seed at $20 to $30, cheaper cotton and tighter money,j what is to become of the South? It is in a great crisis like this, however, that we must exert ourselves to greater effort, and take some action that will turn the tide away from low prices and disaster to higher prices and a fair return for the work and effort putinto our cotton crops. Now is the time tn sit stpadv in the boat. Because cotton is the life blood of trade in many states, and affects millions of people, thousands of businesses of all kinds, there is great difficulty in obtaining concerted action that will benefit the cotton producer and others interested in the staple. But the time has now come when Southern business men must stand together. Bankers, merchants, farmers, professional men, manufacturers, laborers? every person living in the South must give his moral support to the vari-j ous efforts now being undertaken by cotton interests to see that the cotton ji farmers and others interested receive theirdue. The producer of the 19201: crop must get back enough money to reimburse him for it's cost. The price i of cotton must be advanced or the whole South will suffer. You can do your, share. # STOP SELLING?HOLD YOUR COTTON? | DON'T SELL A BALE UNLESS NECESSARY. I Don't sell a bale of your cotton unless absolutely necessary to meetj pressing obligations, and then sell only off grades. The trouble with most' , cotton producers is that they bring all of their cotton in at one time and ( are so anxious to see ready money that they sacrifice the larger profits the future will bring them to get immediate cash. Any man selling cotton at ^ present prices is selling it below cost of production, and something over. The U. S. Department of Agriculture reported the cost of production. Wait! j Don't sell! Get the cost of production and something over. The U. t) i ( Department of Agriculture reported the cost of producing the 1918 crop was approximately 28c per pound, bulk line cost (this averaging all j grades.) It has estimated that the 1919 crop cost one-third more. We all know that the 1920 crop is the most expensive ever made, therefroe, anyone can guess the minimum cost of the 1920 crop. If the law of supply and demand were permitted to function, cotton would be selling today at a price far above the cost of production and the matter of a sufficient supply of cotton would be the most serious concern ) of the cotton consuming industry. Both agricultural and commercial life 1 of the South is in jeopardy as a result of existing conditions. After short crops for several years and with the 1920 crop only a fair * one, if not a short one, andwith much low grade cotton carried over from 1 1919 and previous seasons, there is no over supply of cotton. Because of this fact there has been no inflation of the price of cotton. Since there hasi been no inflation or enhancement of the price forced up by speculation, inm'Umafo Tn nt.hpr words, it is not with Cot uicic tail men uv uv av.?*********v v*v?mv.v... .... ~ , .. ? .. ton as it is with silk. Japanese speculators in silk forced the price up to from $20 to $24 per pound when there was an enormous supply of this commodity in China and Japan. The price of silk has now come down to c $4 and $5 because ;ke speculative balloon has been punctured. But the * price of cotton has been a logical one caused by the scarcity of the commo- * dity and the high cost of producing it, and the same situation exists today. ( Therefore, wnen the law of supply and demand becomes operative the 1 price of cotton will surely go to a higher level. 1 Now the government estimate came out last week but do not let this ? affect your stand in the matter of holding your cotton. Pay no attention to x it whether bullish or bearish. Simply hold your cotton for your price. AIsj 1 remember that the American Cotton Association has recommended to set aside 25 per cent, of the best grades from the growing crop, removing tha* entirely from the market until next May, June and July, unless a remuner- 1 of?ro r?M/.o is nfFprpd. This means the orderly marketing of the crop on the < basis of one-twelfth each month, t HAVE COTTON GRADED GRAPHIC PICTURE OF DEVELOPMENT Clemson College, Oct. 9.?The | 1 Y&lue of a knowledge on the part of; Washington, Oct. 9.?A saving of the farmer of the grade of the cot- j 30,000,000 tons of coal annually, ton he offers for sale was demon- j represented $150,000,000 in value ^ strated in Arkansas during the sea-'and the labor of more than 30,000 aon of 1918-19. During that season miners, and the release of vast rail- j some 75,000 bales of cotton were road carrying capacity for other | graded before sale by graders oper- J freight were pictured as among the |J ating under a cooperative agreement possibilities to result from the pro- ^ between the U. S. Bfireau of Mar- jected Eastern industrial region kets and the Arkansas Extension superpower electric system in an adService. dress here today by W. S. Murray, . The following table is a summary before the Water Power league. Mr. of the data secured relative to 7-8 , Murray is chairman of the ento 1 inch cotton and forcibly illus- j gineering staff now assisting the trates the losses the average grower! government in developing plans for j suffers by reason of his ignorance J the project, and supervised the elec- j of the value of his product. Figures (trification of the New York, New| given are for strict middling, mid-; Haven and Hartford railroad. He j dling, and strict low middling. ; drew a praphic picture of the enor-1 Average price quoted on the Lit-'mous industrial advantages prom-, tie Rick market: 31.10, S. M.; 30.30, |ised if the great power project is M; 28.90, S. L. M. i carried out. Stretching from WashAverage price received by grow-\ington to Boston and Rawing its ers offering cotton without grading:ielectrical Power generation, the| 25.58, S. M.; 24. 14, M.; 22.47,!s^iem would be the Paramount; 5. L M.? " / j- ') j feeder of epergy he said to all | - t . " ' . - " : I utilities, industries ana ranroaas, i . ' Aveage pr.ce rece.ved by growers I throughout tha[ te^' offering cotton after having it; ! graded: 30.27, S. M.; 29.50. M.;i There is enormous waste of fuel j 27 62 S L M under the present system of small, ' t unit siteam generation. Mr. Murray i Points und|r quotation receivedj dcc|ared ?The natjon wouM b(Jl when offered without grading: 552, ?egligent to recognize such a condi.j S. M.; 616, M.; 643 S. L. M. tion and not remedy it," he said. | Points under quotation received xhe pr0posedp system in addition to when offered after grading: 83, S.. manifest economy in fuel would. M.; ou, M.; Ii5?, a. L?. m. j "treble" the available horse power, Points gained as a result of know- of the Eastern region which now de-. ^ ledge of value due to grading be- mands 17,000,000,000 horse power, fore sale: 469, S. M.; 536, M.; 415, he said. S. L. M. Plans have now been developed, Gain per bale: $23.40, S. M.; Murray said, to the point of loca-J $26.80, M.; $20.75, S. L. M. ting tidewater points where great^ J ants and Farmei Abbeville, Let's i YOU CAN BORROW THE MONEY. FEDERAL RESERVE BANKS ARE HELPING Much misunderstanding has prevailed about the attitude of the Federal Reserve Bank system. The bear manipulators and speculators are sending out many false reports to create the impression that loans on cotton warenouse receipts wouia oe restricted ana tnat growers wno owea money would be forced to sell their cotton. Governor M. B. Welbom, pf the Atlanta Federal Reserve Bank, said recently: "We are advising our member banks in reply to their inquiries, that they need have no fear that the Federal Reserve Bank will not function properly and accommodate it's member banks in re-discounting their customers' notes secured by cotton, for the orderly marketing ^ of the cotton cron. ? -r. "We are following our custom of the past in accepting from member banks notes of merchants and cotton shippers for 90 days secured by cotton, up to 80 per cent, of its market value, properly warehoused and insured ; adn notes by farmers, secured by cotton up to . 80 per cent, of its market value, insured and properly stored, having a maturity within six months." r In a strong and forceful address delivered by Governor Ramsey of the Dallas Reserve Bank before the cotton convention of the American Cotton Association at Montgomery, Ala., September 3, he took practically the same position as Governor Welborn. In addition to these, Gov. W. P. G. Harding, of the Federal Reserve Board at Washington, has issued similar statements guaranteeing that loan.s to farmers would be ample to enable a slow and orderly movement of th? 2rops to market. . . Don't be afraid to ask the blanks to loan you money on your cotton, [f you have a few bales to market, instead of selling them take them down :o a warehouse and get a warehouse receipt, then borrow money from your jank or merchant on this warehouse receipt. Borrow money to hold your lotton. Don't sacrifice it. % ' v I DON'T DUMP YOUR COTTON ON MARKET NOW TO FORCE THE PIRCE LOWER. The price decline at present is due not so much to the lack of banking facilities as it is to the headlong effort on the part of the grower to sell his Droduct quickly regardless of price or value. It is foolish to become pancky and sell out way belew the cost of production. Of course, those inter isted in seeing lower prices, or in making money on the decline of cotton, ire doing all they can to spread broadcast rumors to the effect that cotton s going to the bow-wows. Don't be frightened by any such propaganda. Sold on to your cotton and you will get your price. - Adopt The Plan of "Orderly Marketing" Sell One-Twelfth of Your*Crop Per Month. In the first three months of the marketing season 70 per cent of the :otton passes out of the hands of the producers. This is the reason why ;he price goes down in the beginning of the season and advances after the lolidays. If every producer of cotton would selj one-twelfth of his cotton ivery month of the year, he would get a better price for it. In other words, nvait the demand and then supply the cotton as needed. Don't be rusheJ nto selling your cotton now. ,This is a fatal mistake. Producers of cotton should learn how to store cotton and borrow 80 per cent, to 90 per cent, of ,ne value 01 tne warenouse receipts ana men sen it wnen tne marxet can i . / ibsorb it with the resulting advantage to themselves. Back Up The American Cotton Association. This great association is the only organization taking concerted action ;o help the cotton farmer and those interested in cotton. It is apparent to ;very thinking man that the bearish elements are trying to hammer down ;he price. They are working the same old game of running the price down $1,000 FROM COL. SPRINGS VVWVVVVVV\'%VVV v ^ Lancaster Citizen Sends Check To V PENNEY'S CREEK V Democratic Headquarters IV V Lancaster, Oct. 10.?Leroy:^ ^ ^ V "> ^ ^ ^ 5 : TTT ? J ] ...i Li. -i r * -r-, t-. n,.li. ? >< I ? apruigfc, YV euii^uo^, srcu'i* ilia vuctft. Mrs. JEJ. Ej. Wliliamfl 01 ADDeVlIie for $1,000 to Democratic national Spen^ the week-end with her son, J. headquarters as his contribution to D w.?. , , , ^ P- Williams and family of Martins the campaign fund, thereby "match ing" President Wilson's contribu- *'" tion?and then some. Mr. and Mrs. J. F. Rogers and This is said to be the largest Children, lone and John William, ninclpi mnt.rih 11tinn in +.Vi*? fi'taf.p 11 T1 t crvonf a A in A o Ittito ir nri+Vi o-" " -r opciiw wic v*c^xv-uiiu ia vai\*r ajr niwi to this time. . their sister, Mrs. Myetrs. Mrs. 0. B. Rogers and two grand-daughters, COAL PRIORITY ORDERS T . . . .. ... L6uise and Elizabeth Myers return EXTENDED BY THE 1. U C. , , _ .. A . .. ed home with thefn for a phoro visit. Mr. and Mrs. J. 0. Seal are spendWashington, Oct. 9.?The coal jn gthis week in Greenviule with movement priority orders of the In- .relatives. terstate Commerce Commission Mrg M L williams spen.t Friday were extended Friday to. include all ^ her mother> j B Sea. territory east of the eastern boun- and sister> Mrs Fer. daries of Montana, Wyoming, Coloado and New Mexico. j ,, ,, T ^ , , ., , . . Mr. M. L. Milhams spent Friday The former order provided prion- ........ , ? , , ,. | in ADDevnie on business. ty on coal car allotments for ship- w , ? , * Mr. and Mrs. M. L. Williams ments east of the Mississippi Rivera; c. j r r. spent Sunday with Mr. and Mrs. E. . . , r A. Wilolams and Mrs. E. E. Williams generating stations, designed to Abbeville form the backbone of the super, ? . u , , Mrs. Mattie Taylor and niece, power system, might be erected. , J ' These stations, he said, would not Mlss *enha spent batbe so constructed near industrial uday afternoon with Mrs. M. L. Wilcenters but would secure their coal' ''ams and ^rS- Seal. supply by tidewater shipment from' Mr. and Mrs. S. S. Ellenburg spent a central supply station having an sPent the week-end in Lowndesville independent rail connection with! ^th their daughter, Mrs. George the mines. While all available water- Hill. power of the Eastern section would Miss Lila Taylor spent Saturday U. nnif] U n?f?Vlf II ri f Vl Ml'oc Tloffl/i Prt(TO.W ue ubiuzeu. iui. inuiiay aaiu iu nigut* nim muo Aiuwwv xw6viu? would amount to not more than 15 per cent of the total power distri- Send us your Job Printing. All buted steam generated power form- work guaranteed. Press and Banned ing the balance. Company. I ?'! 1 ?? rs of Stand Together I . i so that they can buy in cheap and when the world realizes that cotton is | scarce, cotton will go up again. The American Cotton Association is in the ! fight to prevent this game of trimming the farmer. You should back it up ' to the limit. Every cotton interest in the South should stand squarely be- // I i hind this association, which is the greatest thing organized in the South j since the civil war. With the full aid and co-operation of cotton interests it will break the strangle hold of the speculative elements and will see that the producers receive a just and fair return. Every local branch of the American f!ntton Association sTionlH H.ivp TflO nt>r ront mamhorshin Tf ypu are not already a member join your local branch today. Get behind the movement?help save the South. V . v> l t n r? .1 * , Recommended rrice oy tne American cotton Association. Cotton, basis middling; 40c per pound with an increase of 1c per month after November I, 1&20. Cotton seed, $60 per ton,,or one ton of seed for one ton of 7 per cent, meal. That was the report of the Committee on Cotton Acreage and price Recommendation. The American Cotton Association meeting, Montgomery, Ala., September 3, 1920. * Is This Campaign To Help Save The South WorthWhile? ' If we only stand together and cotton sells for lc a pound higher price that means (based on a 12,000,000 bale crop) $60,000,000; if a 2c pound advance, $120,000,000; 5c pounds $300,000,000; 10c pound, $600,000,000; if an advance of 20c per pound, (or say to 40c per pound), that means the stupendous sum of One Billion Two Hundred Million Dollars, yet at 40c per pound we are only getting the cost of production, (if that.) Until Cotton Brings A Profitable Price To The Grower.. Every line of manufacturing in the South will be limited in its devtel opment until cotton brings a profitable price to the grower. Every educational advancement of the South will be lessened in its efficiency until cotton brings a profitable price to the grower. " ' Every religious activity of home missions and foreign missions will be limited in ts work and ts power to raise money for the extension of the gospel throughout the world until cotton brings a profitable price to the grower. Every country school and every country church will continue as at present, inefficient, inadequate to the work it is trying to do, occupying as in most cases some wretched building, vnfit for the purpose, until cotton brings a profitable price to the grower. ?RICHARD H. EDMONDS, Manufacturers Record. JUST WORK AND WAIT. There is no market for cotton now. The buyers are not in the market. The spinners are not in the market. BUT THERE WILL BE A MARKET FOR COTTON. THE MILLS WILL COME IN AND SO WILL THE BUYERS. Do not get stampeded. The thing to do now, then, is to pick the crop and when the demand does come, don't dump it all on the market a^ . once. Hold the cotton, not for a big price when the demand does come, but try to be in shape so you can be able to secure for it something like its yalue as measured by cost of production. Take your eyes off the future and spot board for a few days. We are not attempting to say what the market will be, but certainly this is time neither to offer or sell. The cotton mills are out of the market. Wait until> they come in. 1 ?From Memphis Commercial Appeal. / STATE OF SOUTH CAROLINA, MANY CARLOADS OF OATS COUNTY OF ABBEVILLE. SEIZED BY AUTHORITIES Mrs. Eunice B. Clinkscales, as Ad mimstratrix wnn ine win aii-i , , _ , _r , , I Columbia, Oct. 9.?Many carloads nexed of John W. Clinkscales, deceased oa*s s*"PPe{* South Carolina ' against have been confiscated by chemists of Reuben W. Clinkscales, Mrs. Corrie the South Carolina department of agSimons, Mrs. Cora Clamp, Mrs. rjctiiture an<^ no^ allowed to go on the Bessie Parker, Mrs. Belle Ellis, c_fV, rmlilll mor]roY rior tn Mrs. Essie Davis, Cowan Clihk-j""""" *~wv? ? scales, Laurence ciinkscales, a statement issued ^ the dePartraent Joe Clinkscales, Abner Clink- today, the oats being confiscated bescales, Johnnie May Clinkscales, cause of the fact that it was found to and W. J. Moorehead, contain a large percentage of "JohnDefendants. n g.rass? one 0f worst weed Pursuant to an order of the pro- , x , , , T ,, . ... . I grasses known to agriculturists. The i bate court, I. will sell at public out-; . ^ , , . a ,, ? TT ? i j ! agricultural department is also issucry, at Abbeville, C. H., on Salesday,. , . x 1L . . ?T , ^ ing a warning to the farmers against in November, 1920, next, for the pay-, ' . t _ .. _ , . , ,, ,, . ? , the use of seed oats with the Johnson ment of debts, the following des- _ ... ... - . , I grass seed mixed in. cnbed read estate belonging to the, ? , . , , , , ? , , . . , Most of the seed oats condemned estate of John W. Clinkscales, de-' , ,. , , , , ., . -ihas been shipped from the Southwest, ceased, to wit: All that lot or tract', . . m . I , , ' . .xx., , T , i largely from Texas. At this season a i of land lying situate in Level Land, A , , , , , . . . m ,. . r,xx . L , great deal of seed oats is being shipTownship, in State and County afore-\? , .. , ? 1 I npri into the State for Dlantiner. but said, containing Seventy two and one- . * . ,, , . ,! the shipments have been'kept out by eighth acres, more or less, bounded' , , , . . . . , i the carloads because of the presence by lands of Chnkscales, McAdams,! r Burton,"Hanks and others; For fall1? ?* . . , , . , , | C. A. Summers, of the State chemdescnption see plat thereof made byi, , . , .. Z . .. ? , ,_iU iCal laboratories, stated today that Wm. L. mitcneil, surveyor, trie lom: , , , , , , Au st 1908 Johnson grass seed looked someJ. otr t. l.' i. ' thin? like flax? only it is slightly TERMS, CASH?Purchaser to pay. ? ? , . ? , , i smaller. The sacks of oat seed are for all necessary papers and stamps, i , , t -n< h/ttt t rn I supposed to be branded with inforJ. r.m J 1AO TJ rnu* ' mation regarding the amount of 10-8. Judge of Probate, j _ , * , . , . j Johnson grass seed contained in the That the women of West Green-.cats seed. If there are more than 20 ville will be the first of their sex to feed to the one thousand of oats seed, vote in South Carolina, was assured then the oats are not fit to plant, - - - - - .... .1 ?ij o j last night when they were aamiuea j sam mr. oummeis. ttuc?? ???? ?.??? j to full membership in the Democrat- J this ratio is found the seed oats are I ic club formedin West Greenville, condemned. and Tuesday, October 26th, was set , as the day for the municipa 1 elec- Legal Blanks for Sale Here.? I tions. ?he Press and Banner Company.