Lancaster enterprise. [volume] (Lancaster, S.C.) 1891-1905, August 23, 1899, Image 4
amcb Biiii"
J. F. NISBFT Editor.
HOW TO SELL COTTON AT A
HIGHER PRICE.
A Citizen of Georgia Says the
Farmers Can Make it Bring 7
I 2 Cents and Add *142,500,.
000 to Their Receipts.
The following letter by a citizen
of Georgia will be read with
interest. It is along a line upon
which thousands of the farmers of
the Southern Stales are thinking.
When the argument is based 1
upon demand and supply it will
at least have a hearing:
To the Editor of The Journal:
This heading is startling at first '
sight, but if we only consider tor i
moment, we snail see that the
proposition is one whose accom
plishment is not only possible,
but with the aid of co operation,
certain. Let us remember that
the farmers of the South will
raise, on an estimate, during the
current year 9,500,000 bales of
cotton; that an increase in the
price of cotton of one cent per
pound means live dollars a bile;
more the farmer than he pres
ently gets; that presently the
farmers are only receiving four
and one-half cents per pound, or
three cents per pound less than a
fair price; and that three cents
per pound means an increase ot
fifteen dollars a bale, or $142,
500,000 on 9,000,000 bales. Thus,
to gain this enormous addition to
the wealthof the South, the cott-?
~1 < l < ~ i.
tun jjiaiucia nave iu uuiuiu buuu
a position that they can demand *
seven andone-half cents for their f
cotton, and force the manufac- '
turers to pay that price.
It is universally acknowledged J
that one pound ot cotton cost to
the planters at least six cents per
pound. The farmer, however, like '
every one else, is entitled to a *
fair profit on his labor and capi '
tal, and surely a cen? and a half
per pound is not ex vs-tive. Thus '
a fair and just price for cottou 1
would be seven and one-half cents {
per pound.
Every one who has studied the 1
laws which regulate the prices or 1
products knows that only in the '
law of supply and demand can a
basis from which to work be found. '
Considering, then, the present 1
supply of cotton, we find that
there i3 no more cotton in the
.1 a t Ml ? - ? - 1
wunu inuii win supply ine ucin<u
fcaeds of the manufacturers fur
ther than the first day of < fctober.
After t hat date they must
depend on the new crop tosupply
them with cotton, or it they can
not obtain it, they must stop work j
and shut down, so that, failing to!
obtain new supplies, every cot j
ton mill would be stopped by the
middle of October.
Acccording to the cotton re j
ports, whose accuracy is umjuos
tionable. the world's visible sup \
ply on the 30th day ot dune was!
3,077.085 bales, or .ju>i about |
enough to supply the rnanutac-J
ture'rs for three months. Alter,
that date, the price <?| cotton is
in the hands of the planter-, and !
the market nin^t ^uit itself to I
demand <j lot llmm I ,nt Ik.1.1 ; I.#. I
- ?
cotton for little over a momti and j
Spain's Greatest Need.
Mr. li P. Olivia, of Barcelonia,
Spain, spends his winters at Aiken,
S. C. Weak nerves had
caused severe p uns in the hack j
of his head. On using Klictric
Bitter-", America's greatest Blood
and Nerve Remedy, all pain soon
left him. He Rays this grand medicine
is what his country needs.
All America knowR that it cures
liver and kidney trouble, purifies
the blood, tones up the stomach,
strergtheus the nerves, puts vim,
vigor and new life into every
muBcele, nerve and organ of the
body. If weak, tired or ailing you
need it. Every bottle guaranteed,
only 50c. Sold by Crawford Bros .
Druggists. 1,
what is the result! The mills have
no cotton to work with, and unless
they can obtain it they must
be shut down and ruin stares the
manufacturers in the face. The
cotton planter demands seven and
a half cents for his cotton and
will take no less. The manufacturer
has to adopt one of two al
teratives, he must either pay that
price on the one hand, or be
ruined on the other. Which will
he choose? A fair price or ruin?
Unhesitatingly the business man
will choose the former, and then
both planter and spinner will
reap a fair profit from the cotton
product. The manufacturers, too,
realize the present position of
the world's supply of cotton, as is
evidenced by the fact that all cotton
goods are at present sold on
a basis of cotton at eight cents
per pound. For the fact that the
;otton planter gets none of the
benefit of this rise in the price of
roods, we have to thank the
'bear" speculators, who, regardless
of the millions of people in
he South dependent on cotton
or their livelihood, work solely
heir own benefit and allow Eu
ope to get the 7,000,000 bales
which it absolutely requires, at
trices which are simply ruining
he Southern farmer.
Turning now to the demand,
we find that, the world annually
equires 12,000,000 bales, and
hat the amount, needed is yearly
ncreasing. Of this quantity the
United States has to supply 10,
)00.000, or five-sixths of the to
al.
In August, two yearn ago, t tere
was a scarcity of cotton, and
jvery newspaper reader then
rained a slight idea of what a
ihortage in cotton meant to the
nanufacturers, when they read
how the Southern mill owners had
Lo run through the whole South
buy cotton to keep their mills
working. In 1897-98 there was a
jrop of 11,000,000 bales and the
lemand was supplied, and ample
iufficiency left over. Again in
1898 99 the crop will be 11,000,
900 bales, so that there will be
an apparent surplus on the first
lay ot September, 1899, of 1,000,900
bales. This surplus, however,
is only apparent, for it must be
remembered that last vear on ac
count of the storms, much cotton
was damaged, stained, and rotted,
so that at least one-half of these
Burplus bales are unfit to supply
the manufacturers' demands, and
thus not more than 500,000 bales
will be left on the 1st ot September
to carry over to the new crop
Further, it is now known that the
new crop ot cotton is fully 10 per
cent, less than that of last, year,
some agricultural departments
putting the reduction at, 15 per
cent., so that a crop of 0,500.000
bales is a very conservative e-oi
mate. In making this estimate,
also, the recent disastrous Moods
in Texas have not been taken
into account, though there is rm
doubt that they will materially
decrease the amount. However
adding the surplus 500,000 bale.to
otn estimate, we find that the
United States will have 10.000,
000 bales of cotton to contribute
toward the world's supply, or no
more than sullic,tent to supply the
A Narrow Escape.
Thankful words written by Mrs,
Ada E. Hart, of (iroton, S. I),
"Whh taken with a bad cold which
settled on my lungs; cough set in
and finally terminated in Con
sumption. Four Doctors gave up,
saying I could live but a short
time. I gave myself up to my
Savior, determined if could not
stay with my friends on earth, I
would meet my absent ones above
My husband was advised to gel
Dr. King's New Discovery tor
Consumption, Coughs and Colds
I gave it a trial, took in all eight
bottles. It has cured me, and
thank God, I am saved and now
a well and healthy woman." Trial
bottles free at Crawford Bros.
Drng Store.
Regular size 50c and $1. Guar
anteed or price refunded. 1
t~ : :r j\m
present demand, and leavi
nothing to fill the natural i
crease.
Thus it is vain to cry out tl
there is an oversupply of cott
and that the price is not too lo
The world ought to pay a f
price for its cotton, and it c*
On the planter the burden rei
to see that it dons, and it is I
him to defeat the "bear" specul
tors in their selfish schemes
defraud him of a fair return I
his labor. Let him organize. L
him club with his fellow work*
to demand his rights. Let hi
hold Ins cotton and demand se
en and a half cents for it, and h
lore the middle of October
will g.-t it.. Lei him combine wi
the store keeper who suppli
him with his goods, too, aud wi
the merchant who sells him I
fertilizer, indeed with I he whc
Southern people. In union the
is strength tor the South, and
union tnere is prosperity. "
house divide^ against itself ca
not stand/' and so let the wh(
South work together with a sim
purpose towards the single end
seven and a half cent cotton, h
ting no ahstaide daunt them,
opposition deleat them, (ill
last, they are able to shout wi
one accord, "Success."
A Frightful Blunder
Will often cause a horrit
Burn, Scald, Out or Bruise. Bur
len's Arnica Salve, the best in t
world, will kill the pain a
promptly heal it. Cures Oid Sor
Fever S ?res. Ulcers, Boils, Felo
Corns, all Skin Eruptions. B<
File cure on earth. Only 25 eta
box. (Jure liuuraote. d. Sold
Crawford Bros., Druggists.
ORDERED TO MANILA.
Three New Regiment* of V
unteers Will Leare at Once.
Washington. Ainr 1ft
tary Root issued orders for t
27th, the 31st and 34th regimei
of volunteer infantry to proce
to San Francisco at once. Th<
regiments will sail for Man
when transportation is provid<
The 27th regiment, command
by Col. Bell, is at Camp Meat
the 31st at Fort Thomas, Ky., t
34th at Fort Logan, Colo.
The quartermaster's depa
ment today directed that t
Glenogle and Taeoma of the N
them Bacific Steamship line
.
chart hero.) tor curr.ving troops
Manila 'Hie (Jlenogle will cai
800 ami Tacoma 050 men.
Orders ?i'rp issued in the v
, department today placing
I majors, c ipt lins and lieutenai
{appoint I? r the new regimei
on recruiting duty. They w
assist i lie nearest recruiting ofl
j lor a pei i<>d ot ahouf one \vr
I and will i lu ll conduct th
iiecrmi* t?? the rendezvous.
The Or-' 'en regiments of v
ilun'eer-i ire complete and tin
; is a surplus ot ihout. 2.000 m
ilor tiie regiments in the I'hil
| pine, and the next ten bei
draised. Tile enlistments vest
May were 280, making a total
' 14.005
i sl leaking ot the orders isst
' ...a..,, .>i...
I aiMHiv i ?? 'ii v~ i iii'-c l rj;i iiiuu is
] proceed to San Francisco, CF
jCorbin said that not only wot
he oilier regiments follow sc
, but the ten recently ordei
' would be sent to Manila as sc
; as they could be organized.
| ??
Hamilton Clark, of Chauncey, <
I says he suffered with itching p
> twenty years before trying DeWi
Witch Hazel Halve, two boxes
which completely cured him. Bew
' of worthless and dangerous count
. feits. Crawford Bros. d-'
_____ _____ I
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