The herald and news. (Newberry S.C.) 1903-1937, July 20, 1920, Page SIX, Image 6
FARMERS FACING
' COTTON CRISIS
Harris Sees Titanic Bear Raid Coming?Says
Agencies Trying :o
Beat Down Price.
Commissioner B. Harris of the department
of agriculture, commerce
and industries, sees a crisis ahead of
the cotton farmers, according to a
statement issued from his office yesrVint
nnmprouS
VCl Utt V * lie tlUHAO 1/iiuw ?4
agencies are heading up a great offensive
drive to beat down the price
of the new crop, and at the. same
time farmers seem to be taking things
easy. His statement follows:
"I wish to warn the farmers of
South Carolina that they are today
in a condition of the greatest economic
peril, the most serious since
the beginning of this fight to put
cotton where it rightly belongs and
to emancipate the cotton producers
from the autocracy of price fixing.
"If a man or set of men should
come into this state and ask our
farmers to subscribe $100,000,000 to
aid such a syndicate, the promoters
would not get a cent and the solicitors
would be ruiv out of the state,
pe7*haps by violence, if it were learned
that this $100,000,000 fund, coming
out of the pockets of the landowners
and producers would be used
^ <?n1plv to swell the for
IlifiClJ . ^
tunes of luxury loving idlers and
non-producers. Furthermore, as
these vampires of wealth would become
wealthier and stronger, that
our own people would become poo >
er and more easily a prey to parasites.
"That is exactly what our cotton
producers are now asked to do. They
have made their cotton crop. It is
gold. Yet they are asked to make a
present of untold millions to a predatory
crowd of bear speculators, a
pessimistic horde which can see nothing
in the favor of the cotton producer.
but think the profit of toil
should go to the middle man, who
contributes nothing to make the
world's production. They cori^idei
tVip farmer should deem himself
i
fortunate if he ekes out a mere living:
and pays his labor bills and remains
a year behind in his store accounts
and fertilizer bills. Whethei
or not he can educate his children 01
have a few home comforts is no concern
of these outlanders. Now is the
time to keep hold of what we have
got and to secure the results of out
fight.
'-Here is the logic of the situation
All efforts of the hostile camp art
converging toward one big drive t(
force out the holdings of the old crof
arc! to humble the price af cottor
before the new crop comes in. For
the price paid during the first fev
weeks will determine largely the'price
for the remainder of the crop. How
can I substantiate this serious charge
that I have made? Here are the
facts: ? i
?"- there js going or
"dllllUluaiicvrMw*,,
a fight to curtail production among
British spinners or to create that
impression ar.d an attempt to coerce
Southern farmers through our own
home banks. As outrageous as it
may seem, the latter statement can
not be denied. The short sighted
policy of a fe wmisguided Southern
bankers in lending their aid to crush
Southern farmers may have a very
/ unwholesome psychological effect,
unless we* can stop it.
"Before* citing some cases under
my own observation, I wish to quote
from a special London cable to The
Journal of Commerce of :\ew lor*.
\4t a meeting of the federation of
master spinners the association decided
that there was no necessity to
take concerted action to curtail production.
The expected holidays from
now until October, with numerous
extensions to 12 working* days, will
fully meet the situation.'
("My own opinion of what is hurting
the British spinners is the fact
that they are short of spinnable cotton
and are throwing out a smoke
barrage?anything to disconcert the
American growers.)
'*It is a 'mere matter of coincidence
that in the very column adjoining
the item quoted above I
found the following item from a NewBedford
special correspondent: 'It is
becoming apparent that the southern
-l- *?1;
banks are beginning iu iuicc die liquidation
of cctton and toward the
end of the week some of the local
brokerage firms received offers of
slightly off grade staple at prices
which proved astonishing even to
bearish inclined buyers. That the
cotton was forced on the market b>
credit conditions was apparent fron:
fact that it had to be taken quickly
if at all, and had to be financed
holly in the North.'
'I know of my own information of
^rs declining to lend money or
bank Carolina cotton, not even ter
?X South v pound.
cents pt. is the situation, Britisl
"There -ing to .frighten cottor
interests tc> h talk of curtailment
producers vcriv nd gloating over th<
and New E"n3&. bankers are be
fact that Sout^fe credit and to cal
ginning to contrast Southern farm
cotton loans. Can cht Somniable con
sr to^rate such an a, if they hav<
dition? They can win *vr have th<
the will to do it, for t# \ If the:
situation in their own handt t, (wit!
fail to win, they will preseri bank
Vipln of those Soutnern Up0]
tuc L
that are weakkneed), mnuuns ?
millions of dollars of their own 11
'the New England interests.
"For months I have urged the
American Cotton association to organize
in eacn state a financial corporation
to handle distress ?0ttvn
and to keep it off the market for a
period. My firm belief is that, without
such a financial organization,
especially since the local banks are
*?to get indifferent, our fight
will be harder and proiojie^?.
"July and August are the months
of weevils, worms and weather. The
crop in the entire belt is the shortest
in 50 years. From now or to th<
picking there is every prospect of de
terioration. This will be the sixt!
short crop in succession and th<
shortest of them all. The Manufac
turers Record of July 5th publishei
a statement from the governmen
that the carry-over of cotton on Jul;
f 1 was 2,K50,000, against u pre war T
average cf about five to ? >: millions.
1 Therefore with a minimum carry
over ami with a very, very short E
. crop, with an acute labor situation,
; it is evident that the supply will be p.
very, very short. ffl
! "The shortage of supplies, )cood n
and improvements, taken with the
shortage of the crop and the labor n
situation, will demand high prices if hi
the South is to escape actual loss. ^
The farmer must be paid for his time< n"
just as is the storekeeper, and really h
; deesrves more, but the world does'
not figure the farmer's time as worth o*
I anything. Now let us see how the o
, demand fits the supply: JP
1 "American mills are running full Ii
I time and are making greater divi-1 o
j dends than have ever been anticipat-' t<
, ed. The associate editor of Cotton] 1
Land Cotton Seed is now touring the; o
European states. He reports 30 per! a
cent, of the German mills in opera- }$
tion and mills in Switzerland, Spain,! c
France, Belgium and Italy runningili
on full time and in the devastated j ii
area the work of restoration will be' o
| completed in a few months, in time if
' to spin some of this crop. Supph'esit
of spinnable cotton are very low in,a
1 Europe. t
"The supply is low and the demand) t
is heavy. Under the natural law of j ^
supply and demand, the price of cot-1
ton should advance to not less thanj1:
j CO cents and I sincerely trust that I ^
i minimum nrir?p will be!?
i j SUIIIC OUVll mmuni.". r- .
[agreed upon at the New Orleans e
conference early in September. a
<%\Ve can not expect a deflation of f
cotton and grain prices until the 1
world's supply of labor becomes more
plentiful. With a considerable short- *
- age of farm labor, the cost of pro- c
. duction has been more hazardous. It :
_ is unreasonable to expect deflation of j}
cotton prices during the coming: sea-'^
L son. The deflation of a number of;!
. manufactured products, including,;1
dry goods, may continue, but this j ^
[ need not and must not affect raw|t
, cotton. For, even if cotton were;'1"
I rostin? 60 cents a pound, the mills! f
.I would be making a handsome profit'1
f! if their product should be cut 25 orjl
11 SO per cent, in Celling price. Asjs
.1 proved by the federal trade c;,mmjs-!c
.' sion. i *
*| "The difference between raw ma-l
:j terial and finished product is more'
-j abnormal in cotton than in any otn-j1
i er commodity, and dry goods can;^
i | stand a lot of cutting without affect*
ing the raw material. Deflation may j ]
be but a trick of the bears to rattle;
: the cotton producers. They say thatjj
i | wages of xmill operatives will not ;
) come down on account of deflation,!1
*1 1 ' > j-1- - -.ii.? ^ . c
) i incn wny wouiu ine cuttoji icirmcx uc i
nthe 'goat' for all of the rest? j'
, j "Now, just one other matter. Cot- : ~
r.tor. is the most liquid collateral. It!*
lis a quick asset. It is gold from the'
rjtime the farmer dumps it from his j
!! wagon until it reaches the consumer. \ |
; Then why should Southern banks be;*
afraid to carry it? I have shown the 1
\ demand, I have shown the lack of (
\J supply. Fifteen million bales ofj
;I American cotton will be required]1
i j next year, and there are less thanj
i! 14,000,000 bales in sight. I
;! "The pressure that is being j
, brought to bear upon Southern
~ < T-k i - i F
[banks, the fiction 01 joriusn turiau- !
ment, the much advertised deflation > *
j in dry goods, these and other surface!
indications point very clearly to a r
combination, a titanic bear raid, the j
success of which would mean that
the farmers of South Carolina would]
i present to the rest of the world a!
j hundred million dollars with which to 1
! fight us again next year.
"Don't sell". Sit steady in the boat.; i,
Wait for the American Cotton asso-; t
elation to name a minimum price.'t
That's my advice to the farmers, and i
T rronQr-lllv 6-pf it. rif?ht." J f
X rs ~ ~ -- --CDeath
.of Mrs. Lucy Boozer.
The sudden death of Mrs. Lucy.t
Boozer which occurred at her resi-!
dence some time between Friday and : r
Sunday was a great shock to the com-.
, munity at large, as she was seen Fri-1 ^
I day, seemingly in tlte enjoyment of }I
perfect health. The particulars of r
J her death will never be known as no r
{person was with her at the time. For ^
! some months Mrs. Boozer had lived
! alone, one of her grandsons usually; e
i staving with her at night. It hap- t
pened that he was not there either t
Friday or Saturday night. The neigh- c
bors had heard Mrs. Boozer say that j
' she wanted to visit relatives in New- a
' berry last of the week, so when they v
;1 missed her and saw the house closed r
, | they naturally thought she had gone t
> to Newberry. After service at St. 2
, stone's throw of her home) Sunday j
I'Lukcj's church (which is within a r
r' one of her grandsons and a neighbor t
[ boy decided to go and make sure Mrs.'
j Boozer was not alone sick. The doors t
:; were all locked,1 but one window was c
1 up a little and through this opening 1
I they saw Mrs. Boozer lying on bed }
j dead. 1
1! The door was broken open, rela- t
II lives and her doctor sent .for. Dr. t
, Simpson thought she had been dead j
A Q ViATivc Qnr? fVldt, rJpatVl r
? . ClUUUt -3CU 11VUL 0? U11V 4 VUMV
- been very sudden, caused by the 1
1 bursting of a blood vessel oh the 1
- brain. ]
The death of this self sacrificing, ]
* unassuming: Christian woman has j
? caused a feeling of deep sadness to <
y pervade the hearts of all the people, i
i Left to morun her departure are: A. <
s R. Boozer of Newberry, William j
i Boozer of Florida, Mrs. George Mor- 1
0 ris of the county; also one step-son, j
j Mr. Lewis Boozer of Newberry, and <
a step-daughter, Mrs. Dantzler Stil-' ]
U of Mountville. ji
!'~e body was found in a state of -j
1 < - xosition and the interment was <
f rW'frWi. 4.; ?l j ,
.'made 83 * UUIu ^wuiu uc ,
'made bet^een sunset and dark ,
1 on Sunday * ve ng, July 4, followed 1
by a l^rge? procession of relatives \
; and friends smiti*?" with sorrow, the ;
i body of our true aite loving friend (1
; was laid in trie cemeteiy of St.,i
j Luke's, her churchy almost in the|j
t shadow of her house, to await thej
i resurrection morn. .1
While it is truly sad to part with j:
- au:b ovppntionally good woman, it isij
1 lllid w
2 a gTeat consolation to be able toji
- "Sorrow not as those who have no'i
i hope." j <
t Written by one who knew and J'
y loved her. . '
HE FALLING PRICE OF |
LUUMBER ONLY TEMPORARY ^
ditor Herald and News:
I note with interest item in your
a per stating that a good business
lan says he believes it good policyi
ot to do any building just now, as
imber should get ^till cheaper. Just:
ow lumber is cheaper than it has;
een for many months and figured in
le value of cotton and other com-,
lodities is cheaper than it has everj
een before.
In 1914 it took about 200 pounds;
f cotton to buy one thousand feet
? framing lumber and today 100 j
ounds will pay for the same amount, j
n 1914 it took 18 bushels corn to!
xl. ? J /% ? lnmknv onH i
uy one Lnourscinu icci ui anv*,
)day 12 bushels will pay for it In'
914 saw mill men could get plenty
f good labor at 75c to 90c per day
nd the price today ranges from
2.75 to $4.50. Taking all this into
onsideration some people figure that
amber is still too costly to do buildng.
This impression is on the minds
f many and has been for the past
our or five years and the result is j
he shortage of homes and the short-j
,ge homes4 is one of the potent fac-j
ors in the unrest that is sweeping!
he nation today. Of course there
ias been profiteering in lumber as
veil as sugar, lard, meat and clothng
but the average lumberman is as
lonest as the average dealer in any!
'ther product. Lumber is much low-!
r in price just now than it should be j
virl nmnv caw mill TYIPn 3TP fafintri
"IU - - Ol
uin, especially the man who is noti
n shape to hold his lumber and canj
tot shut down. Lumber is being of-!
ered at less than actual cost of pro-;
luction in many cases, which causes j
uany people to get cold feet while!
he long headed man picks up the:
>arga:ns while prices are low andi
>ockets his profits when things get1
lormal for the slump in prices of
amber is not normal but almost en-1
irely due to the strikes of switch- j
nen in the terminals which has caus-!
id the railroads to declat-e an absoute
embargo to the entire.Eastern
umber marekt. Thank goodness this
ituation is now clearing up and inluiries
are coming in regularly and
he prices are already stiffening and
>"?inocc fnr l.nfshipment is beiner
vritten at good prices. When the
ailrcad situation clears I look for
>.rices to go as high or higher than
;ver. The shortage of homes and
he shortage of lumber combined can
lot but create a great demand and
i corresponding high price for all
cinds and grades of lumber and all
he folks who are now holdinjr back
;n thsir building plans will certainly
vonder why they didn't have foresight
enough to know their opportunity.
Today I have turned down business
at higher prices than I sold some
umber for last week but I figured
,Iiat when lumber started up it would
idvance almost as fast as it went
lown.
Watch the market and remember
ny prediction.
Yours respectfully,
T> - ?4- T
rvuuei i u. . ii urn j.
Pomaria. July 8.
REQUEST HEARING
ON PARR SHOALS
)epartment of Justice May Withdraw
Suit After Facts Are
Presented.
'he State.
Washington, July 1G.?No immedate
action will be taken towards the
>reaking up of Parr Shoals dam by
he government on the ground that
t impedes navigation on the Uongaee
river. The matter is now up to
he war department to allow a hearng
before further steps are taken byhe
department of justice.
About six weeks ago it was anibunced
in The State that Frank H.
Veston, district attorney for the
astern district of South Carolina,
lad been authorized by the departnent
of justice to bring a suit to renove
Parr Shoals, since which time
he matter has been pending.
Today when The State correspond!nt
visited the department of justice
^liAwmo' ctntpment was .made by
I2C J Ulivu w - ?
he assistant attorney general in
h?rge of the matter:
"On request of the parties who
ire interested in* Parr Shoals and
vh6 believe that serious damage
night be done if the dam be removed,
he department has withheld^ action
md ^ipon further request of these
>arties has asked the war departnent
fcr a rehearing in the matter at
he request of the Columbia people.
"The Parr Shoals people say that
oiey have always obeyed all remirements
of the eovernment to the
etter of the law and that if they
lave done anything against governnent
regulations they did not do so
wilfully. In a .word, that whatever
;hey have done in violation of the
federal statutes was unintentional,
rherefore, that in justice and-equity
;hey ought to have a hearing before
:his property is broken up. The department
does not wish to do any
person or any property any harm and
las, therefore, written the secretary
3f war a letter stating all the facts
in the case and asking that the request
of the Parr Shoals people be
rranted. Of course we do not know
what they will do, but it is our opin??
V>o vty-i nn n nftcaiKlw Kp
<Jll Liiat uu iiaiiu <.uu
ione by allowing this rehearing. This
permission, if granted, may come to
as in a few days or it may be referred
back to the district engineer
the war department in which the
Congaree river is located take the
isual routine course and be delayed
for some time. At any rate the mat:er
is now up to the war department
md so far as we are hcerned the
natter will remain, in abeyance un;il
the decision of the war departnent
as to the rehearing."
Officials of the department of jus
;ice spoke most kindly regarding the
matter and expressed the hope that
i way would be found for permitting
them to authorize the Suit to be
withdrawn. This will depend, of
cour#\ upon the showine made before
the war department if a rehearing
is allowed.
1
WhThii
AVERAGir
won the 355
Conditions ^
sun-baked v
tection of t
top. You
I the stamina
I
i
I ~ /*
Touring,
i f
I ' I
I '
; : "
t
t> i
j -.
f"i>f?waaa?m?m?M
ALL DEMOCRATIC VOTERS OF
i NEWBERRY COUNTY WILL
^ . nr. -T? 1 trr VATirr
l-'JLtASt, 1AA.C. nui
In order to vote at the Democratic
primary this year it is necessary tc
sign your club roll. The last day foi
signing the club roll is July 27th
Don't fail to see your secretary oj
enrollment committee at once anc
sign the roll. If you fail to sign or
or before July 27th, the executive
committee will be powerless to al
low you to sign after that date
; Dont' fail to sign the club roll al
once.
J. B. Hunter,
County Chairman for Newberrj
County.
7-9-ot.
| BIDS WANTED.
; Bids wanted for the following sup
! plies for a period of three months:
150 bushels corn.
300 bushels oats.
600 pounds fat backs.
100 pounds rib bacon.
1UU pounds sugai.
200 pounds salt.
2 barrels flour in cloth.
10 tons good hay.
50 gallons molasses.
> 3 cases tripe.
i 3 cases salmon.
12 cases Brown Mule.
5 tons mixed horse feed. ?
20 bushels peas.
Bids will be received up unti]
July 21.
J. C. SAMPLE, *
County Supervisor.
SPECIAL ELECTION IN O'NEAH
SCHOOL DISTRICT NO 16.
Whereas, one-third of the resident
freeholders and a like proportion oi
the resident electors of. the age oi
twenty-one years in the O'Neal
ok/ml Hisf-.riet. No. 16. the countj
of Newberry, state of South Carolina,
have filed a petition with the
county board of education of New
berry county, South Carolina, peti
tioning and requesting that an elec
tion be held in said school district or
the quection of levying a specia!
tax of six (6) mills on the taxable
school property within the said schoo
district.
Now, therefore, we . the under
signed composing the county boarc
of education for Newberry county
state of South Carolina, do hereby
order the board of trustees of th<
O'Neal! school district, No. .16, t<
hold an election on the said questioi
of levying a special tax of six (6]
mills to be co1/ cted on the prop
erty located within the said schoo
district, which said election shall bi
1 1 1 "x 4,^"v A>\TA?11
neiCI it l LI1C KJ i> can oliiuui
in the said school district, No. 16, 01
Wednesday, the 28th day of July
1920, at which said election the poll
shall be opened at 7 a. m. and close*
at 4 p. m.
The members of the board o
trustees of said school district shal
act as managers of said election
Only such electors as reside in sai<
school district and return real o:
personal, property for taxation, am
who exhibit their tax receipts an<
registration certificates as require<
in general elections, shall bo allowe<
to vote. Electors favoring the lev;
of such tax shall cast a ballot con
? j <i tr ??
taming xne wora it? winbtcu v.
printed thereon, and each elector op
posed to such levy shall cast a bal
lot containing the word "No" -writ
ten or printed thereon.
Given under our hands and seal
this, the 12th day of July, 1920.
C. M. Wilson,
0. B. Cannon,
J. B. Harman.
] County Board of Education.
K
\
y You Wan
> Sedan Noi
It Gives You Convertible Car Convenience *
with Light Weight Economy
tfG 27.6 miles per gallon, Overland Se
i-mile Los Angeles-Yosemite economy 1
varied from snow-lined mountain passe
alleys. In any weather you have the ]
he adjustable windows and heat-resisi
have the riding-ease of Triplex Sprii
of high grade alloy steels.
S9S5; Roadster. $985; Coupe. $1525: Sedan, $1575
Viccj Ub. Toledo, subject co change without notice
OVERLAND NEWBERRY CO.
Phone 333 Newberry, S. C.
7l BBIM
;! J.
i| | SERIES 20 BIG-5
i A perfected method o
| together with increased
and hot-spotted manifo
| are some of the features
J | the BIG-SIX its unusu
smooth operation, and
| gasoline economy.
Ask us what gasoline at
j |1j mileage BIG-SIX owner sang
60-H.P. detachable-head motor; 126-i
= insuring ample room for seven adults.
Cars are equipped with Cord Tires?ano
precedent.
11 | "This is a Studebake:
j | McHARDY MOW
*j | Distributor
. j 1 Phone 300 Newberr
l I
9 .... ~
! BASER/
1
s ?? ????i
i * *;
J We have secured a g<
i official league balk fr
I Y. M. C. A. stock. R
} values, at $1.50 and J
r mmKmmmjmmmmmmmmmmmmmKmmmmmnmmmmmmmmmm
j Gilder & We
I
sss1 ; *4
i !
,
i
i
i
!
it
V ! i
<
'
,
*
dan v
run. '
s to
proting
. {
igs, j
1 . ;
t .
;
4
. - v|
' N \ ~~
~~
?. " 3
lllllli'lilllllllilllllHP
0> Buiiiiaiiiiip
| :
>IX j * !
i.
f timing, j ' >
valve lift
?ld?these
i that give
al power, |
note^'e I
3 vi '
T ? |
, . 1 .!
i<f hrt = j ?
etting. =
inch wheefbase.
All Studebaker | !
ther Studebaker = !' * ,
r Year" ^ \ , j
'F.R, J ' |
y? S. C. j
G B-l j J
ILLS
?
x>d supply of
om the Armv
tegular $2.25
^1.75 each.
, .-<2
\
Stiff* I A
Clio IA3.
1
* j
r