The herald and news. (Newberry S.C.) 1903-1937, January 10, 1905, Page 4, Image 4

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E. H. AULL, EDITOR. Entered at the Postoffice at New berry, S. C., as second class matter. TUESDAY, JANUARY io. Hold and Plant Less. Even the most conservative are now beginning to admit the fact that over 12,000,000 bales of cotton have been raised during the last year. The Y,,ooo,ooo bal: estimate may or may not be a little overdrawn, but that there are over 12,ooo,ooo bales seems now to be an established fact. Whether or not too much cotton has been raised is another question. Many believe it is the professional bears who have made the trouble, and that the present situation is an abnormal. one, brought on more by the havoc of speculators and market squeezers than by any actual over production of the staple. Be the cause what it may, it has brought obout a condition which the southern farmers must unite against and face and solve. Six cent cotton is disas trous now, and 'six or seven cent cot ton after this year's crop is made will ruin and bankrupt the farmers of the south. Various methods and plans have been advised, some practicable, some eminently iinpracticable, some desperate; but we are of those who believe that the situation, though grave, can be met and overcome if the cotton planters pull together in the proper direction. Certain it is that the world needs and must have a certain amount of cotton. The world looks to the southern states for an exceedingly large proportion of this cotton, and, furthermore, the world can afford to pay 12 cents for the cotton. We believe that but one thing is necessary to bring the price of cotton back again to approximate ly the actual value of the staple that one thing necessary, according to our view, is a reduction of the' acreage this year, not a spasmodic reduction here and there while neigh bors are surreptitiously planting two extra acres of cotton for every acre you plant in corn, but a widespread, general and concerted action into which every farmer will join with xhead and-hand. A reduction in the acreage will bring the price of cot ton back to its norntl plane, and we believe that those who have mean while held -their 1904 crop will benefit largely by the'increase in price. Let the farmer, then, do two things. Let, him reduce the cotton acreage, and let him hold his 1904 crop for thes better prices sure to *come. As'-t&the first of these sug gestions, recorded facts' prove it to Kbe true that grices advance as crops drop. The crop of 1898, I1,274,340 Cbales, brought- $80,999,800 less than the crop of 1899 which was 1,838,424 bales less. Then we had three successive crops that averagd a little over 10, 597,0o0 bales and the price steadily advanced until. 19o3 when the crop dropped to 10,001,574 bales and sold for $613,797,339-bringing within $7, 429,133 as rmuch . money as the two big crops of '97 and '98-aggregating 22,474,834 bales. These figures are not estimates. They are matters of history, hard' facts, and they. should be conclusive. Now as to the second suggestion, the holding of the 1904 crop. The Rev. Sam Jones and others are loud in their protestations not to hold. In a strong and masterly review of the situation Sam Jones advises a reduc tion in the acreage, but tells the farmers that holding the present4 'crop would be a fatal mistake. But why? He doesn't say. rom holdig? It is generaly con-| :eded that the needy ones. those who i ictually in such financial straits that :ash is an absolute necessity, have, ,or the most part, already disposed of their cotton. With concerted ac tion on the part of all the farmers the few of that class who remain could easily be aided along with that of the more prosperous. Those who had or have to sell have for the most part sold already. The cotton this year is in exceptionally fine con dition for .storing, and there are few crops made in any land the storage of which necessitates a lesser expen diture of cash than that of cotton. During the times of overproduction of corn in Kansas and the other western states the farmers have taken this method, have even stored for two or three years, sometimes, and in the end have won. The corn planters, however, run ten times the risk in storage that the storers of cotton would run, for the grain is subject to damage. while cotton stored is safe. We believe that if the southern farmers hold, and plant less, they will win. NOTICE. Notice is hereby given that the un dersigned, composing the Board of Jury Commissioners , for Newberry County, State of South Carolina, will on the 20th day of January inst., at nine o'clock A. M., in the office of the Clerk of Court for said County, epenly and publicly draw thirty-six jurors to serve as Petit Jurymen, at the February term of Court of Gen eral Sessions for Newberry, begin ning February 6th, io95, and contin uing for one week. And also twelve Grand Jurors to serve for one year. Jno. L. Epps, Co. Treasurer. - Wn. W. Cromer, Co. Auditor. Jno. C. Goggans, Clerk of Court. January 9th, 1905. NOTICE. Applications and bids for acting as Physician for the County Home, Jail and Chaingang, within five miles of Court House, and also including the Medicines to be furnished and re quired, will be received by the Coun ty Commissioners up to and includ ing the first day of February. 1905. Applications may be filed with either of the undersigned. J. Monroe Wicker, County Supervisor. Fred. H. Dominick, Clerk. NOTICE. We will receive applications for Dispenser for Town of Newberry, on the 12th day of January, 1905, up to .12 o'clock, to fill thWe unexpired term of J. J. Mayer, who has resign ed on account of bad health. Resig nation to take effect on February the 6th, 1905. Will elect on the 1st of February, i9o5. Applications must be in legal shape. Jacob Senn, J. P. Harmon, J. R. Scurry. Members County Board of Control. STATEMENT Of the condition of The Bank of Pros perity, Prosperity, S. C., at the close of business Dec. 31st, 1904, in accord ance with Act of General Assembly. RESOURCES. Loans and discounts........ $85,610.74 Cash on hand and in Banks.... 22,271.44 Building and Fixtures........ 3,730.00 Overdrafts..................... 3,28.57 Total..................$114,940.75 LUABHMIIES. Capital Stock paid in........$25,000.00 Surplus and Undivided Profits 7,268.33 Due to other Banks......... 2,327 76 Deposits ...................63,359.64 Bills Payable............. .. 2,000.00 Notes Rediscounted......... 14,985.64 $114,940.75 Personally came before me J. F. Browne, cashier of above named Bank, mnd who being duly sworn says th.?t the above statement is true to the best >f his knowledge and belief. J. F. BROWNE, Cashier. sworn to before me this the 3d day of January, 1905. E. W. WERTS, N. P. for S. C. Sorrect-Attest: A. H. Hawkins, S. S. Birge, Dr. J. S. Wheeler,, SE[iANNUAL; e a10nce Sale, Prior To Making Our Annual Inventory. In order to reduce stock be fore making our annual inven tory we have decided to inaug urate a clearance sale, begin ning Thursday, January 12th, at 9 o'clock a. m., and contin uing until we have disposed of our surplus stock . at prices that will give all the profits to our trade while the sale lasts. On all Shoes, Hats, Caps, Pants, Ccthing, Win ter Underwear and Gloves we will allow a dis count of twenty-five per cent. (25 per cent.) This will en able the retai.l buyers in these lines to supply themselves at less than they could buy them from the manufacturers of these goodsby the dozen &r case; and farmers who have their hands to supply during the summer will find it a great saving in buying their supplies of these goods before this sale closes. The slump in cotton has left us with too many goods aidd this is the chance you have to save part of the price1 in cotton. Come early and get the choice of all o fthem. No memorandum made during this sale. A.O. Jones, PROPR IE TOR. ' W. F. Ewart, MA NAG ER. I WF( R THIS SPECIAL Cut F Embroideri White Go Lace C Lin( Your Op] Come and of CASH clT oUR.; I The passing has left us frest Ibe encounterei Iyear. While it our aim to have our patrons at I day in a bette ever before to 1wants.. U We take espe' I Prescription 1and if scrupulo' Unest attention Htion the best anc is secured. I Our'Chemical Iof thefreshest a IAll.our otherCd i complete in evw we invite one a us a'nd comparE H We wish you a H prosperous U New I GILDER, WE The Right I NEWBER mmuErnmm )R NEEK SALE AT 'rices! eS, ods, urtains, *n Damask. portunity. avail your it. ONLY. lower Co. AMSI f the holidays I for the fray to i this coming~ has ever been I the irelfare of eart we are to-g r position than cater to their ~ial pride in our Department, I B scare and ear nsures perfec highest service and Drugs are I d purest grade. I epartments are ~ry respect and rdall to call on prices. LI a happy and I Y ear. (S&HUNTR, I I )rug Store, I RY, S.C, I I ==========UIh