The herald and news. (Newberry S.C.) 1903-1937, November 10, 1905, Page 10, Image 2
PRESIDENT E: D. SI1
BACK FROMA TEXI
SAYS THE PROSPECT EVER
WHERE IS ENCOURAGING.
Gratified by Present Success-7
Report of Crop Conditions Is
sued by Southern Cotton As
sociation Very Conserva
tive.
Mr. E. D. Smith, field agent of 1
Southern Cotton association, has
turned,from Texas and gives out 't
following statement:
"I am just back from a tour of 1
Aest where I have been in the int
est of the Southern Cotton assoc
tion to meet the executive commit
of the Texas division. In Atlanta
was joined by President Jordan a
we together went via Vicksburg a
Shreveport. This carried us t1hrou
Mississippi, Louisiana and a part
Texas. Throughout Mississippi I
cotton crop is 'certainly as short
shorter than has been reported. 'I
frost and worms, so far as our <
servation went, have completely
stroyed -all prospects of anything I
a crop from the late corton or t
crop of tfhe old cotton.
"From Vicksburg to Shreveport, 1
tween *which .two points is the de
of the Mississippi and Red riv<
and unquestionably the finest cott
lands of the world, there will not
made miore than 45 to 5o per cent,
last year's yield. Near Monroe, I
here is the very cream of the del
there is practically no cotton at
Thousands of acres have been abai
ened and thousands have been oi
partially tended, with a net result 'd
the Louisiana crop is practically
ailure.
'At Shreveport, where we misc
connection and had to lie over
sixhours, we had an opportunity
interviewing cotton men and bu
ness men and they confirmed the i
pression thac we had received fr<
our own observation. From Shre,
'-port to Dallas we\went through
Sportion of the best cotton lands
kTexas an'd .the same condition'
tained throughout this portion of I
~State. ''At Dallas the State fair v
in progress and representat.ives
every county in the State, also 1
Smembers of -thie executive commnitt
were present.
"The facts as stated 'by these 'C
Ierent parties are to 'the effect -that
tie eastern, central,and northern p<
~tions of Texas the crop was from
to 35 per cent, short of last year.
Swestern Texas, where the boll wee
~ s most numerous, his ravages ha
not been* so great this year and as
consequence 'dhe western Texas er
is as good or better than last yea:
~but it must be understood that t
umeans a restricted area and the pa
duction per acre does not exce
more than one-half a crop this y<
as compared with 'the same territ<
without the weevil. I think it wo1
be a conservative estimate to ph
the shiortage in Texas alone at
200,0oo bales. From Texas 'we
turned via Texarkana and Memphis
"This took us through the ent
Stare of Arkansas where we had a
pie opporunity of seeing the crop
that State 'and practically the same
cent. of shortage was evident. 'I
frost in Arkansas seems to ha~ve be
more destructive than in any 'oti
Sta'te with the exception possibly
northern Georgia.
"From my observation of the cr
inevery State, for I have visited
save Florida, the estima\e issued
K te Southern Cotton as sitioji m:
ing the crop for this year C.f444,4
bales as ginned (w iiiebh does not
clude of course, linters) is a cons
vative one.
A Conservative Estimate.
'Certainly we have succeeded at 1
in convincing the world of the sho
ness of this crop, hence the price f
ed at Asheville has been reached.
do not feel tha't I have tlhe right
advise the farmers 'to hold beyc
this price, but it is my opinion ti
we will see much higher prices in I
immedia'te future and even though
cents has been reached, it will not
wisdom on the part of the farm<
to attempt to rush 'he csotton to mi
ket for the reason that it might ha
a tendency to depress prices te:
porarily. I think that thbse who a~
-hold their cotton and marker it slo
ly from now on will be as amply1
warded as those wvho have loya:
stood for the Ii cents -inimu-.
"I congratulate the State and the
South on its winning another victory.
Surely by this time every one will
recognize :the work accomplished by
Y- the cotton association and will be
willing to give it <their support. It
is useless to attempt any argument to
he prove :e part we have played in
maintaining the price of cotton. We
have gained every point we set out
to gain and have accomplished our
object, which is 'to prove to the world
that we can and will control south
he ern cotton crop in the interest of -the
re- southern cotton growers. On account
he of large receipts from weak holders
tihrowing their cotton on the market,
he because of the pressure of debt, the
r- bears were able -through their great
ia- leaer to depress the price of cotton
ee during them onths of September and
I October, and even to frighten some
nd whose faith was not as strong as it
nd should be, but now that the posi
gh tion is securely in our -ands, I think
of simple justice demands that we hold
he the balance 'of our crop until those
or who took advantage of the weakness
"he of our position in October and Sep
>b- temper shall be made to pay back all
e- that they gained by this advantage, as
ke well as a good profit on the 'annoy
op ance they caused us.
"I 'have perfected a plan of organi
ye- zation for collecting funds w1hich I
lta want to put into operation wot later
rs than the middle of next week. I will
on issue a call to all county presidents to
be meet me in my office on Friday, the
of ioth, to receive instructions and to
,a., put into immediate operation these
ta, plans.
1ll. "I hope the county presidents who
d- see this call and who may not re
1ly ceive a personal letter in time, will
at meet in the office of the Southern Cot
a ton association, skyscraper building,
Columbia, S. C., at 12 o'clock, Friday,
ed so that we may begin a thordugh and
or systematic campaign of the State.
of Let every president be present as
si- this is a matter of vital importance
- at this juncture. In conclusion I
)m wish to say that there is absolutely
re- no factor now apparent to cause any
a uneasiness to those who have spot
of cotton. We 'have won the fight and
- those of us who have been instrumen
he tal in iwinnmng it surely ought to en
ras joy the best measure 'of benefit from
of our fight and 'our victory."
'e Letter Fromi Vice-President Tindal.
To the Farmers:
if- Cotton is at last playing around the
in 11 cents price. ~I c:ongratulate 'the
r- farmers .on the firm stand they have
30 taken to demand a better price for
In the fleecy staple. 'The bear faction
vil have used every effort to depress the
ve mnarket lower, but they have failed.
a This crop will cost practically 10
op~ cents to grow it and we are entitled
s,to a little proSit, and 11 cents was lit
Eiis tie enough to fix t'he price. Many
o- farmers felt they had to sell some of
a Granite Front, . ..
ce Statement of ti
The Commercial Bai
are .** At the Close of Busine
RESO)URCES.
m Notes discounted. . . . . . $299,790.71
er Fiirrture aind fixtures . . 3.051.93
he Due from Banks. .. .. ..93,741.96
en Overdrafts.. .. .. .. ... 2. ,887.68
ar Cs and cash items . . . . 29,212 81
$428,685.09
O STATE OF SOUTH CAROLINA,
all COUNTY OF NEwBEBRY. f
by I,'J. Y. McFall, Cashier of the abc
statement is true to the best of my kno
)OO Sworn to before me this 2nd day of
in- Corret-Attest:
rJno M. Kinard.
.r- L. W Floyd.
W. H. Hunt.
- X TVNTO F
to O Special Offer on Our
nd s*Cut out ti is adv a;.d bard
iatt *you a package each of our 25(
he *for the price of one until the
I" this special cffer that a til not
bbe made solely that you n.ay test
os S One or both are apt tc le niee<
tr- - *make a savivg, an<1 h i rdc 1
ye as orne appears. Wheri b<t'gl
n-' are guaranteed
arMAYES' DF
their cotton; now tha[ their debts ar
paid they are independent and I ad
vse tlem to market the balance c
this crop slowly, not selling a-ny co,
tcn for less than 11 cents. 'The farm
ers have won the fight and proved t
'the world that they can control th
price of cotton, and at the same tim
th-ey are willing to be reasonable, fai
and just. A better price -for cotto
means more prosperity for the souti
in which every southern man shoul
be ready to -take part. The doors c
the Southern Cotton association wer
open to all to work for their individ
ual interest, which goes to the u:
building of our country. Ilhe spect
lators -have just realized that this col
ton crop is shorter than expected an
that there will not be enough cotto
to meet the d'emands of actual cor
sump'tion. Some say that if cotto
goes up the manufacturer will shLu
down. This they cannot do any mor
than you can stop farming or any oth
er man can shut up business. Do nc
put your cotton at the mills to b
used unless you sell, for in doing thi
you are feeding the mills and lesser
ing the demand. We -have a goo
grade of cotton averaging over mic
dling. Those 'of you who hold col
ton for higher prices put it unde
shelter. You can insure it ax yot:
home if you desire.
If there is not enough offered fc
our cotton at home we can get it u
in large lots and sell to exporter
The population of the world is ir
creasing and it takes our cotton i
clothe them. The brokers have so]
all of our cotton to the manufactui
ers and speculators, but -hie cotton :
still in the hands of 'the farmer. S
still stand to your guns.
H. B. Tindal,
Vice-President Southern Cotton A.
sociation, South Carolina Division.
In Closer Touch With Us.
The recent trip of President Roos<
velt through the south, coming in cor
tact with our people, meeting face t
face and giving 'then an opportunit
to see and hear hin, has drawn hii
closer to the hearts of our people. "W
know and understand him better
ie knows and understands us be
'ter and for this consummation V
should be devoutly ta.nkful. We ho1:
his strenuosity will not in future abat
this friendly feeling that n.ow seen
assured. 'When the president calml
and frankly declares that the solutic
of all the mixed questions that aris
between the white and the colore
people of the 'south devolves upon t&
the iwhite people of the south an
'promised his kindly offices in teachin
I the north 'this salutary truth. VW
hope for good results from this visi
- Engines are very much like peopl
The switczh enginie makes more fue
around 'the 'depot than the engines o
the through trains. The cheaper th
person, 'the more -trouble he cause
. Upper Main Street
e Coudition of
k of Newberry S. C
ss, September 30, 1905.
LIABILITIES.
Capital stock. .. .. .. .. $50,000.(
Profits (Less Expenses Paid) 34,398
Dividends unpaid.. .. .....686.'
Rediscounts . .. .. . . 15,000.'
Individual deposits.. .. ...328,600.'
$428,685.4
ye named Bank, swear that the abos
wiedge and belief..
J Y. McFALL, Cashier.
ct ber, 1905.
JNO C. GOGGANS, c. c.c.P.
Cough and Cold Cure.
t in v,ith 25C ar.d iwe will give .
size Ct'ugh at d 25C. Cold Cure
first of Novemi er. We make I
be reptated this y ear,' and is 4
the merite partly at clarexpense.
[ed at ar'n tinme Buy at once,
(tIeat a c' vpb <r cold as Soon4
t tt ht1 irice t beseiremedies I
UC STORE E
LIFE INSURANCE COMPANY'
ation m'akes it the STRONGEST Life
. It is nearly 40 years old It gives
in the Policies of any Insurance Com
ipating rates are LESS than any other
ection.
per $r,ooo on NON-PARTICIPAT
fe. Age. Whole Life 20 Payment Life.
43 28.60 36.20
44 29.70 3720
45 3090 3825
46 32.15 3925
47 33.50 40.50
48 34.95 41.75
49 36.50 43.10
50 3815 44.50
3990 4600
52 41.75 4760
53 43.75 49.30
54 45.85 51.15
55 4810 53.10
56 5050 5520
57 53 10 57.45
58 55.85 59 85
59 5880 6245
60 61.95 6525
\ 61 65.30 .68.16
62 68.92 71.45
63 73.80 7495
64 78.35 7876
65 61.50 83.20
.OBERT NORRIS, Gen'l Agt.,
Newberry, S. C.
|ING
> need of wearing your
when you can get a bot
-ay's Horehound, Mul
ir.
thold Remedy will give immediate re
Influenza, Bronchitis and Diseasses of
in Crup.
-UC CC.,
,s. 0.
AINS ,
IITURE
ILD GOODS
Ic Pices!
::es. I have some mighty good
tour store like It does in mine,) in
~nveopes, Pencils, Pens,
tes, Crayons, Wrapping
Paper Cutters, Twine,
will give a merchant the big end
el them in quantit'es.
o*k Mtore,
,Proprietor.
THE PACIFIC MUTUAL :
Its peculiar LEGAL organiz
. Insurance Cornpa.-y in Arnerica.
- the Greatest Gtarantees written
> pany at less cost. Its non-partic
e companv doing business in this s
e The following are the RATES
i ing plan.
19 Age. Whole Life 20 Payment Li
d 20 $14.65 $22.60
f 21 1500 22.95
e 22 15.35 23.30
23 15.70 2370
24 16.05 2410
25 16.45 24.55
26 16'85 2500
d 27 17,30 2545
n 28 17.75 2590
- 29 1825 26.40
1 30 1875 2695
t 31 19.25 27.50
e 32 19.80 2805
. 33 20.40 2860
34 21.05 29.20
e 35 21.70 2985
s 36 2240 30.50
37 23 15 31.20
d 38 23.90 31.95
39 24.75 32 70
40 2560 33.50
41 25.55 34.35
42 27.55 35.25
Call to see us. IR
r Office over Post Office.
QUIT COUGH
0 There is nc
Lungs out,
tle of Murr
lien and Tc
A few|doses of this House
lief. A positive cure for:
Throat. Anti-Spasmodic
THE MURRAY DI
FOR 'BARG.
FURN
Co
KibIe,
e Jus letme' make you pri
ethings, (stuff that will sell in :
Box Paper, Tablets, E
Pen Staffs, Ink, Sla
.P4per, Paper Bags,
Butter Paper. In fact I
Sof the profit on everything I
Mages
L B. MAYE