The sun. [volume] (Newberry, S.C.) 1937-1972, August 04, 1955, Image 6
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PAGE SIX
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THE NEWBERRY SUN
THURSDAY, AUGUST 4, 1955
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WHAT
THE BIBLE
SAYS ABOUT ITSELF...
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"The low of the Lord 1$ perfect, converting the soul; the teeti*
mony of the Lord is sure, making wise the simple.
"The statutes of the Lord ore right, rejoicing the heart; the com
mandment of the Lord is pure, enlightening the eyes."
—Ps. 19X-8.
"For whatsoever things were written aforetime were written for out
learning, that we through patience and comfort of the ecripturee
might have hope."
—Rom.-15:4;
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"All scripture is given by inspiration of God, and is profitable for
doctrine, for reproof, for correction, for instruction in righteousness:
"That the man of God may be perfect, thoroughly furnished unto
oil good works."
—2 Tim. 3:16*17.
"For the word of God is quick, and powerful, and sharper than any
two-edged sword."
Hob. 4:12*
THE BIBLE SETS ON FIRE THE
HEARTS OF MEN EVERYWHERE
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This Religious Message Sponsored By The Following Firms:
Delco
native Service, Inc.
—Jobbers—
AC General Motors
PHONE 924
Saluda Frozen Food Center
FREEZER FOOD SERVICE
1006 Main St. Phone 897
I
Western Auto Assoc. Store
All New Western Auto Store
New Management
R. M. MAXWELL, Owner
INTRODUCED COTTON
QUOTA LEGISLATION
On Saturday, I introduced on
behalf of myself. Senator Eastland
and 61 colleagues, a bill which we
hope. will encourage the sale of
cotton for export and at the same
time limit imports of manufactur
ed cotton products coming into
this country. The purpose of this
| legislation is to try to solve the
many problems that today con
front our cotton growing and tex
tile manufacturing industries, up
on which South Carolina is so
dependent. It will be well for the
11 Senate to give thorough consider-
ijation to this legislation during the
| tall. At that time, cotton growers,
! textile manufacturers, and all in
terested parties will be given an
opportunity to present their views
on this legislation, as we attempt
to solve the problems of these
two great industries.
Hr The statement I made on the
Senate floor upon introducing this
bill follows: / '
The cotton Industry of the U. S.
I from producer through manufac
turer, is facing the most critical
»riod in history. Our share of
the world cotton export market
has dropped from approximately
60 per cent to less than 30 per
cent of the world total and is in
"danger of being lost.
Cotton acreage in this country
[has been reduced from 22,224,000
acres on July 1, 1953 to 17096,100
acres on July 1, 1955. During this
period we have attempted to ad-
fjust supplies through use of do-
mestic production controls, for-
|eign production has expanded rap
idly with a large part- of this ex
pansion being American financed.
A' further increase in foreign ac
reage is planned for 1956.
American producers stand alone
in their sacrifices to bring the
world supply of cotton into bal
ance with demand, and It has not
tljeen fully demonstrated that we
bannot adjust world supplies by
tailment of acreage in the
ted States. Already, thousands
farm families have been ser-
5ly affected. By reason of the
as tic cut in cotton acreage in
55 alone, according to records of
United States Department of
culture, 55,000 cotton farm
llies were put out of business
and 130,000 additional farmers al
ready making less than 61000 per
year were reduced in income by
more than |100.
This deplorable situation is the
direct result of our foreign agri
cultural policy, which has Bailed
to take note of the 'fact that this
problem is of a world-wide na
ture. The loss of our historical
apd necessary foreign markets
promises to be permanent, and
unless corrective action is taken
immediately, cotton farm incomes
already among the lowest in the
nation, will be pushed to new
lows. .In addition, the world cot
ton surplus is accumulating in the
hands of the Commodity Credit
Corporation.
The present Cotton Export Ad
visory Committee, appointed by
the Secretary of Agriculture, has
by overwhelming majority strong
ly urged that U. S. cotton be of
fered for sale in world markets.
The Commodity Credit Corpora
tion charter specifically authoriz
es the sale of commodities owned
by the corporation, or acquired for
export purposes, in world trade
at competitive prices. Further
more, there is ample precedent
for such action in the export pro
grams of 193940 and 1944-45, and
THE BAFFLES
By Mahoney
t f v v •
BOSS-1 HATE TO SAY
THIS, OUT IF I OONT
GET A RAISE lU-
HAVE TO RESIGN.
WELL, ITS SEEN MCE
knowing you. I
GUESS YOU WILL
JUST HAVE TO
LEAVE, SAFFLE*
fl
Newberry Hold!
Under New Management
HARRY L. WHITE, Mgr.
the fact that Commodity Credit
Corporation is selling or has sold
approximately nineteen other ag
ricultural commodities for export
on a competitive price basis.
To cope with the problem of
dwindling exports of U. S. cotton
and to prevent further drastic
cuts in U. S. cotton acreages
which would be made necessary
we do not re-establish and
tain a fair share of the world
er market for cotton, the De
ment of Agriculture has
attempting to develop an export
sales program under which U. S.
cotton may be sold competitively
in the markets of the world. Any
program to be effective end ben
eficial to farmers must augftient
the total available market and not f
merely ’serve to displace outlets
which would otherwise be avail’
able. The position of the domes
tic mills as customers of the Am
erican farmer Is already endang
ered by the foreign trade policies
and actions of the U. S. govern
ment. This grave situation in it
self calls for immediate correct
ive action.
There has been in effect for a
number of years for raw cotton,
as there has been for wheat, an
import quota under Section 22 of
the AAA to protect the higher"
price paid to domestic farmers.
But, unlike flour, there has been;
no corresponding quota on cotton
textiles. Therefore, If U. S. cottonj
is sold in the world market at
prices below those paid by domes
tic mills, it would he certain to
result in increased imports of cot
ton textiles not only displacing
cotton which farmers would other
wise sell to domestic mills, hut
also destroying the ability of the
domestic mills to remain in busi
ness and continue to serve as the
principal outlet for U. S. cotton.
Adequate cotton acreage is es
sential for a healthy agricultural
America, and vital to our cotton-
economy mills and producers.
If farmers are to have the op
portunity to maintain their fair
share of the world market With
out destroying their market
home, it is essential that there
established coordinated
Such a program would assure cot
ton sales in the world market at
competitive prices and provide a
textile import quota under sec
tion 22 which would permit for
eign exporters of cotton textiles
a fair share of the domestic mar
ket on an historical basis and at
the same time prevent the exces
sive textile imports which would
result if foreign mills were to be
given lower priced cotton than
American mills.
This bill directs the / adoption
of such on aver-all coordinated
program. A program of this nature
is essential if we are to prevent
complete disruption of the econ
omy of the cotton producing and
manufacturing areas.
WHITAKER
FUNERAL* HOME
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Whitaker Funeral Home
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PHONE 270
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PHONE 300
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The Newberry Steam Laundry
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934 Main Street.
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GEORGE W. MARTIN, Manatffer •
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