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IMtLEAN TAKES GLOOMY VIEW.' Former Treasury Assistant Says Ku- ^ rope is Not Able to Buy Our Cotton. A. W. McLean, former assistant ecretary of the treasury and a memb<>i of the War Finance Corporation, has^bcen spending a few days in his home town Lumberton, and while ^ there gave The Robesonian an interview which may be of interest to | fc Herald readers, many of whom prob-l, ably know Mr- McLean nersnnallv Mr. A. W. McLean after a short j ^ visit to Lumberton returned last ^ night to Washington to resume his " official duties with the War Finance ^ Corporation. A Robesonian reporter W asked Mr. McLean if he would not' L make a statement in connection with P yesterday's Washington dispatches L to the effect that he and the other P members of the War Finance Corporation are trying to do something P to aid in the exportation of Ameri-i con cotton. In reply Mr- McLean P stated: At a conference on Monday the k directors of the War Finance Cor^ poratlon, after consultation with fc Secretary of Commerce Hoover and P Secretary of Agriculture Wallace, ^ decided to arrange a conference with P a few bankers from each of the cot>ton growing states on Monday, April , 4th, for the purpose of discussing with them nlnns tn lnnlr intn ? V. ov portation of cotton to European: countries. The War Finance Corpora- j tion has been authorized by law to | extend civait to American exporters' or American bankers in connection' with the exportation of cotton and! other products to foreign countries.' The corporation cannot, however, under the law extend credit to foreign concerns. Credits must necessarily be extended to American exporters or, American bankers. No advances caul . be made until the sale of the pro-1 ducts has been arranged in the for-j eign countries. Of course, cotton cannot be exported except by sliip-loads. It is manifestly impossible for individual farmers or even small group of farmers to do this within the provisions of the act of Congress and obtain the financial relief direct, because they cannot arrange the contract for sale on the other side, and for the further reason that shiploads of cotton are required. The War Finance Corporation, therefore, if it does anything in the matter, is ^ bound to deal with cotton exporters r 01 large DanKing groups wbo can provide for sale of large quantities of cotton and who can provide for the movement in ship-load quantities. So far, the large exporters and bankers of the South have shown very little disposition to take advantage of the act to help out the general cotton situation. The War Finance Corporation hopes to lay before the exporters and bankers a plau that will encourage them to undertake the enterprise. If the farmers and others interested in cotton were organized into*corporations or associations in the same way that the California fruit growers are organized, there would be no trouble in arranging these credits. The trouble with the' Southern farmer is he is not or I ganized in a financial way. It is, impossible now, in a short time, to provide these organizations except j possibly through some of the large' banks that are carrying cotton and which, of course, are interested in exporting cotton. A*.ke# as to the general demand in Europe for cotton, Mr. McLean stated that the conditions are not at ali favorable. He stated that con- ] fidential advices coming from foreign countries show that while there is need for cotton in these countries, they are wholly unable to buy 011 account of their depreciated currency, and their general luck of security. He says in a great many of the countries in Europe the conditions are very much like those which existed here at the close of the civil war, and that the population of these countries are spending every available dollar for food stuffs and therefore are unable to buy clothing or raw ma-J terials such as cotton, that enter into j the manufacture of clothing. It also appears, he says that large supplies 1 of clothing held by the various war-| xlng countries at the close of the war; for the use of their armie3 have been ; sold at PYtrPinplv low nrlcoa- lint I people are using this clothing until j they are able to buy new clothing, { that it will probably take a year or | more to exhaust this surplus of old clothing and clothing material now on hand. Mr. McLean further stated that the prospects of higher prices for cotton are very gloomy, that there is such a big surplus of cotton on hand In the world now, that if any considerable crop is produced this year the price may go to four or five cents a pound- The only thing that could save the situation would be for the southern farmers to plant no cotton at all this year. This of course is impracticable for the reason that tenants and others living on farms must have something to do. Mr. McLean stated that from information li'j had received it looked as if Sou-' thern farmers were going to reduce the acreage very little and they ought to be warned now tha}. this is a serious mistake. Asked as to what he himself had determined to do with respect to reduction, Mr. McLean stated that he h^, arranged for his tenants in Rcbeson county to plant not more than eight acres of cotton to the mule this year and that he had arranged to furnish them only about i O 9 4 ? ?Va ? I f G nuilll ui id till Ail I iu lilt? at I U f on cotton land as compared with $25 | worth furnished his tenants last year. ^ He 1B using a home mixed fertilizer. | He states that on large farms which f he and his brother own iq Bladen I county they are reducing the cotton [ acreage two-thirds; that is, they will plant only about one-third of what I the planted last year: In conclusion Mr. McLean stated [ that if it were not for the matter of taking care of his tenants by giving i them something to do he would not plant an acre of cotton thiB year, as i he feels that it will coat more to pro THE DILLON ] ftuce it under present conditions than could possibly be obtained for it next ran. Mr. McLean is one of the largest farmers of the county. He has practically all of his last year's crop of cotton on hand in storage* warehouses o Interesting Food Statistics. A recent investigation conducted by B. B- Hare. Agricultural Statistician of the Bureau of Crop IOstimates, United States Department of Agriculture, relative to food requirements in South Carolina, shows the following average quantities of food stuffs consumed nor nerson nor month: 11 pounds of flour; 7 pounds of pork (eaten or utilized in cooking >; 3 pounds of other meat. 4.4 pcunds of sugar (including that, used in cooking, canning, preserving fruits, etc.); 16 eggs; 7 gallons of mill: (including cream and whole milk.) It is observed from the report that 32 per cent of the wheat flour consumed last year was grown within ihe State, while 63 per cent of the meat, 82 per cent of the vegetables ind 86 per cent of milk and butter lonsutned were produced within its borders. It appears that each person within ihe State consumes an average of 132 pounds of flour annually. Therefore, if we have a population of 1,600,000 it will require approximately 5,500,000 bushels of wheats to supply our yearly needs. The total production for the State in 1020 has ueon estimated at 1,785.000 busln ls. jr about 3,600,000 bushels less ii.iii uui annual requirements. The average pork requirements [?er person is shown to lie about 84 pounds annual ly. In other words it will require 1 hog netting 168 lbs. :o supply the needs of two persons ?acli year or it will take about 845,>00 of such hogs to meet the Stat'-'s innual requirements. However, should the hogs net 250 pounds each the number could be reduced to ibout 560,000. It would be of interest tli know which would be more economical for the state as a whole, o raise 560.000 hogs netting 250 ic.unds or 845,000 hogs of 168 pounds each. Further observations made from his investigation are to the effect hat the average distance of all farms n the State from market is approximately 7 miles, and the average s'ze oad from farm to market is 1,579 pounds, the average size load from narket to farm being 1,622 pounds. The average number of days spent mnually per farm in hauling produce 'ertilizers, etc, to and from market s estimated at 27 days, or a little ess than 9 per cent of all work days, rhe total number of motor trucks in lie State used exclusively for farm purposeg is estimated at 1,833 and ho number of farm tractors at 2.156. Mr. Hare states that another incresting feature of the investigates as shown by the tabulation of a arge number of reports of farmers rem all sections of the State, is that inly 36 per cent of the amount of jcmmereial fertilizers used in 1920 will be used 1A 1021. However, a rery large percentage of the last rear's crop of cotton seed will not be sold or exchanged for fertilizers, as las been the praetice heretofore, but ivill be put back on the farm from .vhich they were obtained. YOUR CHIIjD'S CHANCE. Edgefield Chronicle. When your child of six or seven rears enters school, what are the diances that he or she will complete he prescribed grammar school work? rhe high school? Then college or university. The United States Bureau of Eduction lias been making some interesting and rather illuminating investigations on the basis of available late. The educational institutions of he country are being steadily im proved, ana more money is expended each year in the maintenance of ill of them, from the primary grade :o the university. The figures of the Bureau of Education contain the in'ormation that of 1,000 children entering the first grade, approximately? 1,000 will reach the fifth grade; 830 will reach the sixth grade; 710 will reach the seventh grade; 6^4 will reach the eighth grade; CUJTO/A. CODSETS Have Yo\ I\&de E ioned as light! pgj |W|W\ Our corsctiere will HERALD. DILLON, SOUTH CAROL!? 343 will enter the high school; 24 6 will reach the second year; j 181 will reach the third year; 150 will reach the fourth year; i 139 will graduate from the high school. 7 2 will enter various colleges52 will become sophomores; 39 will become juniors; 30 will become seniors; 23 will graduate. 1 The figures are available. They serve to remind parents that a great deal depends on how seriously the child lakes school duties, and how, well he or she "keeps up" during the early years of school: It is the boy or girl whose class standing is good who developes an ambition to be well educated, and the reverse of that is true?those who fall behind and fail to win promotions find school work a drudge and take advantage of the earnest opportunity to drop out altogether. To be educated is becoming more and more valuable. The right sort of education in so far as schools are really capable of odu-, eating,' is apt to be the one that is started right. It is well, therefore, to bear the Bureau of Education's figures in mind. WILL OI K FARMERS KEIHCE THE COTTON" ACREAGE? (By \V. W. Long, Director.) Clemson College, March 4.?Not since the early 90's have the cotton farmers been so perplexed and de-, moralized as th^y are today. At that time cotton war selling for (j to 8 cents a pound. It was most difficult to secure credit at anything like a reasonable rate. The banks in the State could be counted on your two hands. A great number of our fanners of today remember those conditions and they are reasoning with themselves about as follows: "I have made cotton at 8 cents a pound and made some little money. 1 am going to make this crop on the basis of 8 and 10 cents a pound for the reason that 1 am not going to purchase anything for uiyself or niv tenants that I can do without. I am going to practice the most rigid economy. Cotton is the only crop that I can grow that will bring in any money ior myseit or my tenants. It is absolutely necessary fo r my ten-' ants to produce a crop that they can readily sell for cash, otherwise they will leave me." I With these thoughts in their minds and in their state of perplexity with the little more favorable news that is now being printed in the press in reference to higher prices that may be expected from cotton, i fear that a great many of our farmers will be tempted at the last moment -not to reduce their cotton acreage as much as they had intended to do some thirty or sixty days ago. Any one' traveling in the Piedmont will be impressed with the fact that a great j deal of land is being prepared for ( cotton and, owing to weather condi!tions, the preparation is of a most excellent character that will have a decided effect on production. i I To my mind there is only one answer to the arguments of some of our farmers as above set forth and that argument should be driven home on every occasion; namely, that a ten or twelve million bale crop will most likely sell lor 5 cents a pound this fall, and that a six million bale crop under these circumstances will bring in more money than a twelve million bale crop We will have 011 July 1, 1921, a jsurplug of nine million bales of cotton. This surplus will in a great measure have to be consumed by foreign countries. We must appreciate the conditions in Europe as far from being normal- The armies or Great Britain, France and Bel-. , gium are invading Germany. Peace seems to be in the distant future and until peace is declared and the purchasing power of the people in Europe is restored in a measure, cotton will of necessity not be in demand, and any Surplus that may exist will have greater influence on the market at this time than at a time when ordinary and normal conditions prevail. The production of a six million bale crop holds out some hope that our agricultural interests may in the near future be plaled on a safe and sound basis; a ten or twelve million bale crop means a continuation of present conditions. o Subscribe to The Herald- $2.50 pr. yr. ccilProA 1 cop/ers 1 ?r I ur Lorset '..rnarirtlJv ?S%\ m he fei 2CLEY m ^e.T m gsigncd to your exact y or as heav.ly as you cither wire stays or i* you wish. f-vM s YOU in every little gladly call at your Koine // ^ tion to y>ou whatever. 1_// k ? v>' ^ H?Mi f K 11 HANSFORD, HI ne 2204 ||| ynHr l>N' V' iA, THURSDAY MOIl-MNG, APRIL 7, 1921. I i.a ? ? s is ? a is a a a a a as a is s !| [ 1 ^ - a i ui ijciici v^ruj I Prof 1 TT^ 1 U w. | "INTERNA | BRAf I KfcKTIL ? From these brands you 3 best adapted to your soil, s ? individuaj crops. | There Are j|j Manufacti U International Agricu ? Charlotte ? For Sal ffl I E. L. Mi ffl Phone 13 a SHSBBSSBBSaSBSiSil BBBBBBB HS??!?]ffl?[SSSE p a a Jr. O. U. A. a fcl Rf>dinnind Thnrcrlav Nic M. AA U A UV*U J 11 If @ talks will be made every i ? consecutive weeks by local IS ? ing subjects: ? Thursday Night H Dr. Watson B. Duncan an ? ler will speak on "Virtue". IS Thursday Nigh 1! Col. G. G. McLaurin and J a "Liberty". ? Thursday Night fj Dr. Joe Cabell Davis and A, 2 "Patriotism" * g ,These subjects cover the thr< V] Junior Order, and every member c g] brethren are cordially invited to i these addresses. j|| Done by order 0 IS - - J. W. Marshbur m Committee L.Stanton j| T. E. Flowers ai si si a si si si si a a ffl ? 51BB ffl m? f gBBBBBBaBBBBBBBB a ps and Bigger ? its ? 1L? a )E I a TIONAL" 1 '? | 1ZLK5 I f*l iZJ can select the fertilizer gj tnd especially made for ? a a wne Better I a ired by . s I j. i r i5i iLurai v^urpuraiion S N. C. a a e By @ a OORE, 1 DILLON, S. C. I a aaaaaaaaaaaaaaa aaaaaaaaaaaaaaaB . m M. Lodge a a <ht, March 31st special a neeting night for three j?J speakers on the follow- ? a a , March 31st. {?j d Rev. Wm. B. S. Chand- ? a a t, April 7th. a foe P. Lane will speak on j|j a April 14th. | . B. Jordan will speak on j|j SI 5e cardinal principles of the IS f the local Order and visiting IS ittend the meetings and hear - SI IS i the Council. ? IS n, Chairman >S 00 ffl I IS IS IS IS IS IB IS IS IS IB IS IB IS IS ? ?