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
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