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THE COTTON SITUATION The recent cotton conference in Atlanta resulted in certain conclusions and recommendations that are of capital importance to the South's farming and busines interests. From the character of those who met to consider how the grave problems now pressing for an answer might be giappled. it was foregone that sound ideas and better still, safeguarding lines of action would be forthcoming. Among those assembled were the highest officials of the American Cotton Assonf tln-> State :inH the National Farmer's Union, of the State Department of Agriculture and Bureau of Markets; men of eminence in banking and merchantile affairs; and influential members of the Georgia delegation of Congress, together with that wetern of many a hard-won battle for the fanner's rights, the senior Senator. From such counselors, useful advice! was to be expected, and useful advice was given. First for their cor.clsions: "We find that the present price of spot cotton j is below the cost of production j We believ that the price suggested at Montgomery by the American Cotton ! Ossociation, of forty cents a pound J for cotton, basis middling, is the low-1 est figure at which farmers can sell their cotton and obtain the cost of j production. Surely those who produce i should not be asked to make a greater sacrifice than the loss of all profit." These estimates, we take it, are based upon extensive and accurate ovservation; certainly they seem very conservative when one considers the exeraov?hes from the sides acd ends of car. dinary costs of the labor and materials with which the present crop was proam/1 fV?/v l\090w)c Xl'VlKp. auvtu OUU UOMU'iO ??iuVit UM*V vv set it from seed-time' to harvest. None but the widely and exactly informed j ean safely venture an opinino as to just what is a fair price but assuredly there is no contention that the one now prevailing is so. Nor can it be! expected that the common interests f the South (nor ultimately those of the country as a whole) will prosper if the thousands of farmers whose energy and capital and hope are invested in this cotton crop, db not receive in return the equivalent of at least a living wage. It is of the utmost importance, there fore to busines, as well as to agriculture, that ever}- feasible and rightful means be employed to prevent the dumping of large quantities of cotton _ 1 /-* irrrr: Wil 1 : ' *. XT/V i y\j Begi Premi The ! I Don't F Let Ev 11 . f- <1 rim, a _ . 1% on an already depressed market. The t suggestions of the Atlanta conference t touching this point are well considered, y and if generally carried out will con- r stitute a saving course of action. t "We urge the farmers to store their r cotton, and if money is needed to meet t their pressing obligations, we advise s them to negotiate loans with their lo- t cal banks, using warehouse receipts t as collateral security, based upon s eighty per cent of the market value ]< of the staple, as instructed by the c Federal Reserve banks. o "We urge the people in the cotton 1 growing States, for their own protec- v tion to co-operate in preventing the P cotton crop from being placed upon u j the market faster than the manufac- ^ turers can absorb it and at prices less than the cost of production." p Without liberal co-working among a NraTinEii g SUION FAIR, AUGUSTA, G m For the above occasion I CURSION TICKETS will ? Lanes, Charleston. Walterl I ville, Darlington, Bishopvill | tawville, Orangeburg, Dunl | diate points, for use only 01 I October 17 :| and for trains to arrive at I M. on October 23. ? MINIMUM ROUND | EXCURSION FARE FROM Reduced fares apply 011 ? chased before boarding t I will be One-Half the Adult * All tickets limited, retu I starting point before midnij Call on ticket agents 01 ed for further information: Thos. ?. My ers, Distric 5, Union Station, Charle&o District Passenger Agent, 81 W. J. CRAIG, 1 Pas'g'r. Traf. M'g'r. WILMINGTI ATLANTIC C( "The Standard Railrc ? . 1 = liamsl / wmmmnmmmmmmmmmmm [>TMD T I^ITIU nToSt turn Boo Slogan: orget the P ual Exhil erybody S n the Hist .X.. . hose concerned, this policy will no c hose concerned, this policy will not 'ield the desired results; farmers ner chants and hankers must ail do , v heir part, and a loyal public senti- n nent must reinforce .thenu But surely * here will he no shirking where it i.- * o obviously to the common int< est.> ... ' O hat the grower sell only enough cot- w on to meet "pressing obligations." uch as supply bills and current bank 0 sans already outstanding which he annot meet by other means. Having djusted such accounts, he should store e he remainder of his crop in a safe e warehouse until the market reaches a P rice level consistant with his rights u nder the natural law of supply and ^ emand. That credit accommodations for this urpose shodld be provided as amply s the resources of banking and mer- j si a T SOUTHERN EXPOSI l, OCT. 18 to 23,1920. |;B > REDUCED FARE EX I * be sold from Florence, j E boro, Ridgeland, Harts- ? | !e, Camden, Sumter, Eu- | barton; and all interme- | th to 22th I | Augusta before 1:00 P. y TRIP FARE 91.60. I I [ KINGSTREE,S. C, $9.33 ? I ily where tickets are pur- I 1 ? t? nuu w , | ? nuns. V/miureii s ruco s Fares. I | irning, to reach original | | jht of Monday, Oct 25. r address the undersign- ? t Passenger Agent Room g n, S. C.; W. A. Leitch, | 17 Broad St, Augusta, Ga g T. C. WHITE, I Gen'L Pas'g'r. Agt | 3N, N. C. I Oi\ST LINE | >ad of the South" 10-7-2t jjj Durg Will B< ER 9, ilect Vi ks Will 1 "LET'S remiums f< bits?$50.0 itrive to 1> ory of Wi < A : 7 , ' m- it antile houses v#ill permit, is too plain WJ ar argument. 1 he fact must be faced owever, that such accommodations ould be far more adequate today if lore State banks held membership in he Federal Reserve system; for then lie demands which would center upn the larger, banks, whose credit fail ities already may be taxed, would e distributed, much to the advantage f all concerned and particularly to w lose of rural districts and small E jwns. Th:s a matter to be remember- I el and acted upon in the light of pres- I nt experience. Meanwhile, everything ? ossible and practible should be done > serve the imperitive needs of the our.?Atlanta Journal P o e Now on Display. ^ We now have on display at our hovroom the new 1921 model Buick bi uto. Come in and look it over. w D. J. EPPS & SONS. ? 0 a Carload of the famous McCormick t, lowers and rakes. Bay a mower and ake and save your hay crop. Williamsburg Live Stock Co. C mmmmmmrnrnmrn I IUUOJUMULWMA JUIX KMBXMUMAJAM* * | Beat tt I Raise More Hay ani ? karf P oi; PfAOC I lilt, UV*3L naj 1 l WO some of the men w T. W. Boyle C. A. Hines J. E. Stokes B. G. Land E. M. F IH. S. I Let me book your ord Press when yon want it I T. D. GREELYVILLE, \ Coui j Held10, 1 our Exl * / ie Out ir WIN 1 >r Commur A d?0^ AA U, tyOD.V ilake this lliamsbur < % J. G. McMASTER,M.D. I b EYE, EAR, NOSE and ? b THROAT I i SPECIALIST! FLORENCE, & C. ? * Office moved to 112 N. ? Dargan St IO-l4-2t I __ m ti g. Mig'gTg J Tl?n 1 1 e FINE OFFICE POSITIONS aying splendid salaries are recorded e very day by our employment bu- a eau. We can fill onlv one fourth of p le positions listed. ^ If you want a position with a ank or high-class business house * 'here future advancement is assurI, prepare now by taking our busless course. We guarantee positions s soon as students are fitted to ike them. For particulars, write DRAUGHON'S ( Columbia, - - - S. C. c IT VWfTT SSPBB&BEEPBBSBBBBBStXBPK Sx! B DC fix? 30 HOC 10DC MDC UuC Bft BqDC HU le Boll ^ 1 Bale It With the i of its class on the m ho have seen and enc W. H. F Li. tL. K T. R [ S. 1 ulton , ] Gamble ter 30 to 60 days ahead so yc 'RICE, $160.00 F. O. B.,Gree CLARKf SG " ity I mmmammmmmmmmmmmami 1 and hibits r i a Few int fK kity and Ii $20.00 _ n _ i tne Dest j / g County Hold Your Cotton. N Hold your cotton for better price* ^ y placing it in Wilkins' bonded warehouse, where it will be protected y insurance and certificates issued. / t. W. T. WILKINS. Prop. o Now is the time to buy a fine ratch. Go to Baggettfs big reduction ale of jewelry. NOTICE TO CREDITORS All persons having claims against he estate of Daniel DuRant, deeeasd, are hereby notified to present he same, duly attested, to the unersigned, qualified executors of said state, or to their attorneys, Lee nd Shuler, Kiugstree, S* C. 'And all arsons indebted to said estate are lereby notified to make payment to he undersigned. J. B. DuRANT, Lake City, S. C., D. P. DuRANT, Hemingway, S. C. * Qualified Executors of Daniel DoRant, deceased 10-7-3t-lAs, )ctober, 6th., 1920. ^ iVeevil l< iarket. Here are I lorsed this Press: 1 Legister 3 . Johnson M 4 B. Haselden m I F. B. Alsbrook I f Ino.H. Alsbrook 1 id will be sore of your | lyville, S. C. 9-23-4tp g 5 ON 1> >UTH CAROLINA Jj * rair I I ^'1 * ' % * '' *1 ^ow/n Days 1 IZE" 1 ? /I w , i i ? I, in /m 1 idivid- I PAIR -4d * ,jBB ,, , ,