The county record. [volume] (Kingstree, S.C.) 1885-1975, October 14, 1920, Image 16
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
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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 *
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