The county record. [volume] (Kingstree, S.C.) 1885-1975, November 09, 1911, Page SEVEN, Image 7

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rVOW TO GET BETTER ! F PRICES FOR COTTON DISCUSSED AT FARMERS' UNION MEETING- THE STACK BB HOUSE PLAN. Itt t WBm More than 100 representative | flrffriers and business men of South P Q Carolina, meeting at the Richland ; county court house Friday night, sell riously considered the cotton market situation as it affects the South, jfc There were many plans discussed for holding cotton and reducing the acreage. The meeting was called by p the State Farmers' Union. The con venuon ueciueu lu u(n'n pic-u^c at every court house in South CaroBr -linato record pledges for farmers i ffi who will hold their cotton until Sep teruber 1, 1912, unless the price w reaches 13 cents a pound. The 9 names of those who pledge to plant I' , only 60 per cent next year wiil be ^ corded. The convention decided to B^^^publish the names <>; those who ^^^^Medge themselves to assist in the movement, in the press of the State. The reports will appear each day, and will show the names of the BH farmers that are aiding in the fight H for a higher price fon cotton. It was decided to telegraph the actioD HH of the convention to the CommisH sioners of Agriculture and State presidents of the Farmers' Union in r the Cotton Belt and ask for similar Bp The meeting that night was well sttended and there were a number of innr nlonc nrnnnood to heln I tutcicouil^ r the farmers in their fight to secure : KV a fair price for cotton. I Dr Wade Stackhouse of Dillon I read his plan for relieving the situKb ation. It was immediately adopted, but after discussion a number of ; W" features of the plan were rejected. B The plan is given below. One plan : E submitted to the conference was to * organize the landlords and therehy Bfe keep the price of cotton up. Among the speakers last night was Seeator E D Smith. He urged upon the farmers the necessity of retiring HPL-"iall cotton possible at once. He said W that the Farmers' Union should send R . out speakers to all sections of the f State to urge upon the farmers to hold their cotton for a higher price. He thought it the duty of the State H^^fcFarmers' Union to sound the call to farmers of the State to hold their H|^Bftvon. He heartily endorsed the l^^n^Brehouse system for holding cotBB He thought the system would the farmer in the fight for the IB future. He advocated the passage of a law to make contracts for future delivery on the basis of specified H grades and prices in cotton exn ,changes. He thought that the farmera should rally to the Farmers' W Uniori. He said that it was not the K law of supply and demand but the H law of supply and the "man." Mr "We can get control of the situa8L. tion if we will," said Senator Smith. Other speakers were J K Fairey i Bp and T B Stackhouse and R B Belser i By and EJ Watson, the Commissioner t of Agriculture. Commissioner WatF?*^*yjurged the necessity of holding th<M*hffon now. He said that the H|r holding movement must be carried |ip forward in a systematic manner. 1^ The following is the plan for hold-1 fl^B^ing cotton, proposed by Dr Wade j ^^^Bstackhouse of Dillon, that caused so j much discussion at the meeting of j rthe Farmers' Union last night: "There is no shame greater than defeat. There is no joy like victory, j The Southern cotton grower today is j covered with the shame of defeat, j like the Union army at Bull Run. He ! is in full retreat; panic-stricken he j has turned his back to the bears and j is hustling to dispose of this crop! s under the cost of its production. "Can we do nothing to stop this panic of our brother farmers, which not only threatens this crop but points to a few years of depression, ' ?a lAiroi* lorn] rtf 1i\7inor WIllVJIl UICOUO a ivnn . v-? w?.nfc to every man, woman and child in c" the South? "The time to prepare for war is f before it begins. We have lost the K best time to prepare for this emergency, but I suggest the following RSI pian: B "Build warehouses in each South ern State capable of holding one- i fourth of the largest crop we are' t likely to produce. My argument 1 applies to South Carolina,but should < be duplicated in each cotton State, t and then combine all the cotton \ warehouse companies into ,i whole. 1 "The farmers should put up the ; t capital stock to erect the ware- s houses, which should b* large stor-j 1 age houses and built only at points 11 where substitution and reshipping no n Vus This t \Jl I t?u vv vu. ...w e would imply that warehouses would i be built only in towns having more 1 than one railroad or having water' 1 rates and ample tire p. otection can ; 1 be provided?the small warehouse can never pay. Perpetual motion 1 is no more impossible in physics than 1 is the continued exercise of good i ! business sense in the conduct of: i warehouses and in organizing a holding movement of cotton farm- j i ers. The warehouseman must bo ait man of character. He must be a!: fair book-keeper. He must be a,t sworn weigher, capable of adjusting j s equitably differences as to moisture, | 1 damage, etc. on cotton stored. He i t must know how to grade cotton. He ' \ should take the notes of farmers \ wishing to secure loans on cotton c and forward the notes with ware- c house receipts to the State trust company organized to handle these < receipts. Such men can be found to- f day buying cotton for the leading i exporters. They are a set of capable ( men having good, hard, business 1 sense. It will take around $1,200 a c year to employ such men. Then the 1 warehouse must keep a night watch- f man the year round, It must be i built according to certain plans and ( specifications and must be equipped c with automatic sprinklers and have i two sources of water supply. This s water supply must be absolutely sufficient to satisfy the most skeptic- p al insurance inspector. Having all r these requisites it is astonishing how c small the insurance cost. It can be I reduced to 12 cents on $100 valuation for 12 months. The small ware- t house an't afford all this. t "Oui normal crop in South Caro- ? lina is around 1,200,000 bales. One- f fourth of this, 300,000 bales, would v need to be warehoused under my t plan. I would suggest organizing q a South Carolina Cotton Warehouse J company, with a capital stock of a $1,000,000, divided into shares of c $50 each, and that the farmers be ? asked to subscribe for most of this ii stock. That, say 15 warehouses be c built at central points in the State, capable of storing the 800,000 bales, c That a trust company be located in t Columbia, S C, and its acts to bind c the $1,000,000 capital stock of all t the warehouses. * t "We would need a high class bank- h er to manage the trust company at c Columbia. He should find in what i money centers he cculd place his c warehouse receipts and borrow the money. With a million dollar asset to back him he could sell his ware- x house notes in most ot the money- 43 , , c centers of the country. ? I This plan is not original,but is to- t day employed by warehouses of this \ city. 1 would suggest that we let \ alone all the existing warehouses in State now being conducted as private c enterprises. There is ample field ^ for warehousing companies now in t ot>erat"'on and the system 1 recom- r mend. ' "The State warehousing compan- | ies should take in all friends of cotton in the South. They should cooperate. with the Farmers' Union and all other organizations having r for their object better selling of the j cotton crop. The exclusive business f of the warehouse companies would be to better handle the cotton crop. "Having the warehouses we would s ask cotton farmers to store at least * one-fourth of crop and sign a con- 1 tract that if he sold before August * 15 the following year, he would forfeit the difference between the r selling price and the minimum price c fixed. 1 suggest for this crop we fix 12 cents per pound for minimum e price, and should "cotton reach that v price before August 15, each holder of cotton is at Derfect liberty to sell. Before cctton should sell at a 12 cents next August the world c must hare convincing proof that we c are going to make a smaller crop, r To convince the public we must i >rove by the Government institute j| hat we have smaller acreage and lave used less fertilizer. "To get a few farmers to meet,at ; ! 61 ?ach county court house and resolve :o cut the acreage and fertilizer bill s not going to be convincing proof . :ocotton spinners. To think such re-} solutions will be lived up to is as I A# /ain as the dream of a dreamer who "* 1 Hi Ireamed he had dreamed something. 41 ' I have talked to two or three |e food attorneys as to the validity of tn i contract a farmer mipht make -vith the wan house company to hold t0 lis cotton. They think such con- ^ :raet can be drawn so as to be lejral. t?i Vhe acreage proposition would ^ lave to lie worked the same wav. If pr Vtr A planted 1(H) acres in cotton in ta 1911 and contracts with a warehousng company'that he will plant oniyi jj (5 acres in 1912 and provides that n case he breaks his contract that 83 ill cotton produced on land over ID ind above the 75 acres shall go to m ;he warehouse company, I think nr such contract could be made valid. ,n f iotrnn<T konlf r?r?ulH ant jiq xustee for us in 1912 and they *t vould say they had contracts in their vaults providing for 25 per cent, re- ^ luction in South Carolina that would ; p* :arry weight. "I have seen the suggestion that ^ PB >ach farmer be asked to sign an m tffidavit that if 75 per cent of the j " rarmers agree to reduce 25 per j ^ lent that his pledge would become J ^ jinding. This would put a premium pc >n lying'and surely none of us would ike to see such a strain put on our! . 'armers next year. The contract id. )lan is the only solution I can see.; ~)f course the contracts could be irawn so they would not be binding pc mless a given per cent of farmers j igned up. < "But some one croaks that your 9a dan is as weak as the plan of thej Pfl nice when they agreed to bell the pr at. They say it can't be done.! ^ mpossible to organize the farmers, i < "I will say the American Federa- wi ion of Labor is a gigantic organiza- 4 ion; but who questions they have c Teat power? They contend for a ^ ew cents to be added to a day's ? vork. Southern men producing coton surely have as good fighting; ** uo [ualities as organized labor in the j Jorth. While they are fighting for| i few thousand dollars in wages, we otton farmers are fighting for the :reatest money prize on earth, los- ^ ng this year about $300,000,000 by th >ur slothful neglect to organize. W( "The brickmasons of New York ^ :ity meet and organize and agree pi hat a certain price per day shall be ot harped to lay brick. Some one ^ hat does not want to join the union w ries to cut the priee. They call iim a 'scab' and make it so un- ^ omfortable that it is best to charge di mion prices or move on to some ^ ther country." A Father's Vengeance ' vould have fallen on any ore who ittacked the son of Peter Bondy, of iouth Rockwood, Mich., but he was xjwerless before attacks of Kidney rouble. "Doctors could not help iim," he wrote, "so at la3t we pave iim Electric Bitters and he improv'd wonderfully from staking six >ott!es. It's the best Kidney medi-f ine 1 ever saw." Backache Tired ! 'eelinp. Nervousness, Loss of Api*> ite, warn of Kidney trouble that || nay end in dropsy, diabetes or || Wright's disease. Beware: Take|j.l Electric Bitters and be safe. Every jj 2 >ottle guaranteed. GOc at M L jjij 1UCI1 5. 3 ^ aj Test your cows for butter fat ami j id your farm of those that do not )roduce at least one hundred and ifty poundsof butter fat per annum. An animal will not have theneces>ary relish for its feed to get the greatest amount of good out of it, if t is fed prior to the regular feeding ime. Don't wait until the busy time lext spring to clean up your garlen, but start in this fall after the , :rops are out of the way to get evrything in readiness for eaily spring vork. Capons neither crow nor fight and ire despised by other fowls. They >ften show great fondness for little :hicks, and instances an; not uncomnon where they have been utilized n rearing broods of chickens. T HE PRICE OF COTTON AND THE POLITICAL SITUATION ynlficant Rotation Botwoon T?H;i Activity and Loaaoa of Cotton Growara Arotiaac tba South. Tn the appointment off a dulecrDtkm 1 cotton (rnntern at tbe North faro la state fatr recently, wtth Instrc'3o? to attend the meeting in New Or ana having for Its purpose the hold g by farmers end others of a con derable proportVm of this year's cot n crop and the curtailment of nexl "fir's acreage. Is to l>e found one of any Indications of dissatisfaction ex ting over tbe present [Mistical rela >nshlp to 'tie price of cotton. It ts said that l*resideut Tnft's reel ocity campaign and the Underwood riff bills not only adversely affected rtieral business luring the year 11>11 it specifically caused the cotton man 'ncturers to lose, by shrinkage and 'creased volume of trade, between o.ooo.ooo and $1.00.000.000. Crippled and with a pm?poct of ore tariff agitation In 1912, cotton annfactnrers have naturally been uible to make purchases of cotton the usual wny. with the result that. 1th a full crop, political agitation has eated a decline tn tiie price of the aple thus far from 14 oents per rund to 9 cents per pound, with nuvuv edietions from well posted quarter* at a raoch lower range wfli be exifleneed. ft la further claimed durt wMbour e PDCtTH session for fbe dUwiartau of ctprocity the Dikterwood tariff meases would not bera been tntaodooed id tn consequence there would here ?n bot little probability that rotten ooid have deetloed trader the Stave a foil crop lower than 11 wntft per mod Instead of registering tn prtee e low water mark tor yam, as ft ?es today. The farmers tn the south md the anufbeturera of cotton generally are erglng up a loss on this year's coop not less than $173,000^000, which ss they claim Is directly traces bis to illtlcfll Influenc*. A Professional Paradox rhe study of science is not noceerily all gray. IIt may have Its rosy tches. It is said that a learned ? ofeseor of Heidelberg forbade his udents the repetition of a certain exriment. "But," they protested, "It haa allys been sncceftaftxl." ;e from than you will find ou FALL AND WINTE] lis Pages of Rare Barg COHEN] "Nevertheless." he said, "Its posl> among experiments is absolutely itenable from an Intellectual point view." rhe boys stared. "The thing may answer very well In actlce." said the professor, "bet It Is t wound In theory."?Youth's Comnion. Saved From the 80s George Slrtan. gunner. U. S. K.t who ed in 1891, was * young boy at the itbreak of the Greek revolution, and ?e day an he and his mother were on e beach of their Island homo they ere warned of the approach of a ind of Turks. The mother forced >r boy Into a boat that was near and. a ring him on the bottom, thrust him r. remaining herself to await har te and distract attention from the JUL Be drifted from the share and Hri finally rescued by a boat from one the American crnieere then ho the edlterranean. Mr. Slrlan entered e navy aa a boy aod by jrood coo- I let became a warm at officer. aerrVog L Itb rredlt until bis death. THE ARCAD 232 and 234 King Str Special showing of n< and Millinery for Ladies, up-to-date in Dress Goo( Coverings; new Blankets Men, Women and Childn Men, Women and Childr Our Prices ar The Largest Wholesale SPECIAL?tYor ton if you shop here. In greater varieties to choos Market Centers. WRITE FOR OUR It Contai LOUIS f ?1^???????i?? mmi l<M *5l*MMBtS7 W??llll I I M u ew^jirwi The Best Paz NOAH'S LINIMENT gives rel and Muscle Aches and Pains i other remedy known. IT 1 triple strength and a powei PAIN REMEDY. 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