University of South Carolina Libraries
The State Plan Will Aid the Cotton Growers. (Allures* deliver l>y U. 15. Milser at Ca<mien before the Kershaw mission i\itton Congress.) ?-" The Situation ( onfrontlng l*s: owing to a g eat Kuropean war, for the first time in nearly fifty years the cotton farmer limls himself unable to convert his cotton Into money, except with the greatest difficulty, a ad even then at a ruinous price. L?f the fifteen million bales of cot? ton produced annually in the South, ftvo or six mllli ?n are used in America and the remaining nine million are exported to Kuropean countries. Owing to the demoralization of the country incident to the war, Kurope Is no longer able to teke care of these nine million bales except to a very limited extent, so that we are con? fronted with f i' problem of making some dlsposltlc n of this surplus cot? ton, for which there Is no demand. It is possible ' hat Kngland may be able to use as much as two million hales. Spain. Portugal and Italy and other small Mediterranean coun? tries will use as much as a million, Japan and other Asiatic cotint'ier t.nother million and with American and Canadian consumption of ap? proximately six million bales, (his will make a total consumption of ap? proximately ten million bales. Law of Supply and licmand The law of supply and demand is Inexorable in its workings, and the only result of un over-supply, of any commodity Is to break down the mar? ket for the commodity, and the great? er the surplus, the greater the demoralisation of the market. It be? comes necessary. therefore, if we hope to keep up the price of cotton, to carry over this surplus of five or six million bales of cotton and make room for it by reducing the crop pro? duced In 1916. Uy so doing we can make the production in 11)14 togeth? er with the production in 1915 just ai-out equal to the probable consump? tion of those two years. If this can be done under the operation of the law of supply and demand, we should receive a fair price for both the crop of 1914 and that of 1915. We eatlmnte that the consumption from the 1914 crop will be approxi? mately ten million bales, and for the < period ordinarily supplied by the I crop approximately twelve and J ialf million hales, making a to-i? ?f twenty-two and one-half mil- I bales for the two year period. Hv ng In half the cotton acrerfk I planted in 1914 we should produce in 1 1916 a crop of approximately seven and one-half million bales, which with the surplus brought over from It 14 would give us the supply re-, quired from the crops of the two years. The South Carolina Cotton Pledge Agreement. The pledge adopted by the South Carolina Division of the Cotton Con? gress at Columbia two weeks ago was drawn to meet the conditions outlined In the preceding paragraph. Kvery j provision of the pledge was designed to carry cut some special part In this plsn. The consideration clause is vital to a vulld contract; the provision that no totU i should be sold prior to <>c totier 1st, 1914, was designed to keep the mar-tot from being demoralized before t ie money market could ad? just Itself to the changed conditions incident '.o the Kuropcan war And , that the* emergency c urretu y and oth- ' er relief i easures Iwdng provided by the national government might have time to afford the Intended relief. It vuin also hoped that the regional re serve bank system mluht be put into operation between t >ctober 1st and 15th. and that this would prove eery beneficial. The reasons for the fifty l?er cent acreage reduction clause have already been set out ab?\e This Is by far the most vital provision of the pledge agreement, ami is the one from which more real results can hi expected thun from all the others put t<.? t and the one Which In my judgment should be einpbasiled and enforced above all others. The third prov ision was d -signed to rnrry over the surplus crop, estimated to be approximate !\ one-th id of the 1914. crop for a year. In order that It ndicht become practlcaly a part of the suppl\ a\ailab|e Iroin the 191 T? nop. The fourth Clause RHay >??? called tin- enfor? einer? c lause, as the rmei Ing did not think it worth while to adopt a pledge which w; s not on forcible, should it bee..nie liece^.tlV to enforce n i.\ legal proceeding* A Ibiuldated da m;i ge I'hlUSf is alwa\s more readily onfofelhle than where the datMUN b' hf? to Mo determina? tion by the sncertaltn la*, nl damage \dt antai;?.. of Pledge- \giccmciil 4 ampaluu The pie.'^o agreement campaign has several advantages ovei any i?th? er uo tbod of bringing sis n( the lie sired hobiii.K movement, sec the 1*15 acreage reduction i Rene ?l holdlnu aiovemeut can best be brought nltoul In this way and cannot well be ef? fected by legislative action; a system? atic canvass of the school districts in ji ach county will bring the foot! to the Individual farmer, merchant, bank? er and landowner with a directness which cannot be otherwise obtained; [the campaign can be put in Opera? tion in States where the governors re? fuse to convene the legislatures. It can be put into operation In time for the land taken out of cotton to be put in oats and other fall sown crops; it will bring a powerful pressure to bear for legislative action where leg? islatures are convened; it can be put into operation more quickly than any other plan yet suggested. It will pro? mote the success aw) extension of the "Buy a Hale" movement by giving the purchasers confidence that acreage will be reduced in 1915 and that they will not only get their money out of cotton, but probably obtain a yrotit thereon it will improve cotton as a collateral, ?cause the banks will know that with fifty per cent acre? age reduction in 1915 that the cotton pledged as security will certainly en? hance in value; it can be put into ef fc;iCt H time to aid those who must sell the greater part of their cotton this fall, by convincing tho cotton manufacturer that the cotton planter is planning systematically to reduce tho acreage and hold the surplus cot ton off the market. Tho l*ro|>or Sphere of United States Aid. Various more or less visionary schemes, such as the r Monal govern? ment buying a portion oi1 the cotton, valorization of cotton, preventing the planting of any cctton in till by a prohibitive tax, have been proposed, but a little reasoning will convince any conservative man that the nation? al government can ibe expected to take no such action in this connec? tion. It must be remembered that only ten of the forty-eight States are vitally interested in the cotton situ? ation und that the representatives of the other thlrty-cipht States cannot reasonably be expected to take en ac? tion towards a Southern crop which a Southern representative would not be willing to take towards ? crop pro? duced in New IOngland or Western States. Would our farmers, for in stanee. favor a prohibitive tax on grain if the western States were ?dapted to the raising of cotton, and , the effect of such a tax would be to put thlrty-tlve million acres of wes? tern lands intc cotton which would compete with the Southern cotton? The national tax prohibiting cotton planting would ha\e the effect Ol putting about thirty-six million acres in the South into corn. o;its and oth? er grain crops in competition with the grain of the west. Let us therefore dismiss all such schemes and unite our energies on something prac? ticable. The national government is doing all In Its power to provide adequate currency for our banks to handle the cotton situation: it is doing all in its power to provide a merchant marine for ocean transportation so that out grain and cotton can be transported to such European markets as are open to us; it is doing all in its power to i adjust the matter of international ex? change, and to promote direct com* merce between American exporters and South American and Asiatic countries. This Is the proper Sphere of the national government's action, and the national government is doing all within Its power to do its part in the work. | i;iicourai?lii? Factor* In the Situation.1 There are increasing evidences that the international exchange dif? ficulty is being overcome. Ocean transportation is being re*establlshed I and J? great many vessels are enter lag American registry and will carry the grain and cotton, for which there Is demand to Knropean ports. The grain producer! ol our country have made the biggest <Top in years, ml ?rain is brlnglni ? good price, We run expect the main producing sec? tions to be in good financial shape ami to afford ? good market for the cot? ton goodi of Our mills and to con-! tribute material!) to the relief of. the stringent! money conditions. There are Increasing evidences lhai American ami Canadian mills a<e going to ran on fidl time, it' not or. time. ;is the money strlngencj is relieved ;,i"i direct Irade facilities are provided* Tlie Issues at Stake. If matters are allowed to drift und the cotton Ml thrown mi the market recklessly without any provision fm acreage reduction In 1*16, a*e in?} well espeet cotton to go down In s>n or Heven cents. This nil! mean n loss tMr State Of S?rth Carolina of about tsventy-tive thirty million dolluri ami of two hundred nml lift) In three hundred million dollar* In Ihr South. And this is not un Imagl native loss, but the rent loss, the cotton crop \\ill have ront that much more In in u III ,,?' received for n . ? New Shipments That Came to Us Today Will Interest You <f The new dresses are the kind you see in La Vogue and many other of the up-to-date magazines that show only the best styles of the season. (J Evening Coats that we are showing are the different kind of unusually attractive creations, and excellent values. (| The Millinery will interest you as you will find the newest of desired styles, and reasonable prices. Watch for the date of our Big Fall Opening. q Something in store for those who want the right merchandise at the right prices. Because there are none better than what we will show you. 15he Laddies' Outfitting Co. Hold for .six to ?even conti per pound.! ?>n the other hand, if this crop is marketed in accordance with the plans outlined by the South Carolina Cotton Congress, after adequate pro? vision for retiring the surplus of live or six million hales and alter a sys? tematic campaign of acreage reduc? tion for 1915, we can reasonably ex? pect the portion Of the crop sold to bring ten or twelve cents per pound) and the portion Of the crop carried over to 191R to bring twelve cents, and probably more. This would certainly) be the case should the war be ended by that time. Cooperation of all Interests Neces? sary to Slice ess. In order that this plan max- be suc? cessfully carried out. it is' nceesary that tin- movement have the support of not only the farmers, but of the bankers, merchants, lien merchants. I tenants and the business men of ever) department of our commercial life. j The stakes are large and it is in our power by united effort to save the1 South tin enormous sum of two hun? dred ami fifty million to three hun? dred million dollars, but the situ? ation is not going, to save lUelf; everj man will have to put his shoulder to the wheel and el<? Iiis parti The can-! VttSSing committee's in the various counties must secure Agrements from the b inkers. merchants, landlords ami buslnes men to cooperate in this movement? if this be done-, we can reasonably expect to save the South from this great disaster with Which we are now threate ned. will Ahvi.nrisi: BVMTKH, Portsmouth. <>hio. Company Asks Hum tor i>ry Clouds Company to Ship tlic Cotton for Display at Car? nival. Arnold Coin table and Company, one of the largest wholesale and retail dry goods concerns of New York city sein a cheek to the Humter Dry Qonds Company for $50 to purchase ;i bale of cotton? The Bxrelslnr shoe Co.. of Ports? mouth, Ohio, have also requested the Humter I'ry Oooda Company to pur? chase a liole of cotton and ship the bale to Portsmouth by freight for ex? hibition iit ;i carnival in thai city tin i he letter below shnu s. Portsmouth, <?.. Kept. I ih1 I. Ktmitor f>ry tl.I? Humter, H ,t\ ? bulb-men: We enclose our check fo|* |ull with Which We would ask you i" bit) fot us .i laile of cotton, nccordliiu to your letter of September |0th. We would like to huve you ship this bale In us .it ..nee- h> freigilt, rhurgcH colic et? Wt hi making this request, iih mil town |s going 1,1 hsive n carnival her< in two a'oeks, und we think that .i bale l?f eottOII WOUllI be || . lll iosil'. und Interesting In this pari of ? It country, \\e will prohuhl> relurit it to >ou for sttle lifter l( hit* been used hj iih for l hi* purpose, Your* eery truly, i The li.xcelsolr Shoe ("o. Augusta Cotton Market. Hood Middling 0 1-4. Strict Middling '.' 1-S. Middlln Strict Low Middling s 7-8, Low Middling 8 1-2. Receipt! 1,761; last year 2,292 Stock. 25) l'.'s'. last year 18,318. Sales l,'.t:;4. Twin*, steady, Demand, Irregular, vUgUSta, S?f)t. IP*.?There has been a continual Improvement In this mar ket during the week?the demand exceeding the offerings each day. However when the basis reached the 9c level offerings were very free and all orders were quickly Idled.?conse? quently the basis has eased off aboul 1-S with only a fair demand. Iluyers arc not committing them? selves without orders and when the, offerings are heavy it is Impossible to maintain prices. Cotton bhoultl he marketed very conservatively for the present owing to the tact that the demand is lim? ited ami the basis is very easily brok? en, Kxj'orts lor the week were very small, but should domestic mills con? tinue their aggressive buying, we may see a higher market the coming week, Qarrett & Calhoun. To. liny Horses lor Army. A representative of Cowley & Co., will he in the city on September 23rd, Wednesday, to buy horses tor use In the army, supposedly for the French army. lit- wants sound horses be-J tween five and eight years of uge and weighing from 1,000 to 1,200 pounds. The buyer will be at Graham's Btables during the day here. Vulcanizing Our Tire Repair Service embodies I Kverythlng from n simple puncture to perfectly remedying the most serious cut or blowout in casing or t ubc. A-l equipment plus A? material with exacting, expert care in every de-; tail insure you Promptness. Service and Satisfaction. I 11 < re you will lit id a Tl re ! pair Plant equipped with every Modern I steam \ u lea nixing apparatus. Columbia Vulcanizing Works snyonsMMHllntf n sketch ;>:<! Ii?*crli?ii??n ??* onlr.av HuroriJiiM ? ? r i,|?int< n freu jrl?etliPi mi ii vculloii (irohiil \<f |,)iiriio??ilo. ? i miiiunli ??? UonsHtrit'tlyr ?mi.tonM l. HANDBOOK on pm mo ?. ii! to-". ??!.t?? -i nueiiry I.'i m'ourn |I \n twnl ?. p.ilriilfl inUfti Itiroiitrti Muim ft vV. uvotvre r;?i riiil n?tki; wnlmul cliiiriro, In t <? o Scientific American. A hs'id ii ply ?I1 rtr.ae i weekly. I i?ree??t rlr. mint Ion ol iiiiv m'ieiitUle j??iiriiul. 'I'ernt*, ?1 a vc.ir: four iu?>ntli!?, f I. s ild byull newi?tletiter?. MUNN & Go.36*BrbaAm,>r- New Yorg Brauen UOco, C6 V ^t., Wsfhtsgtuu, D. C HAMHTs KOB HANK. Shoot Assistant Cusliler and Escape With JS?.otMt. Chicago, Sept. 21.? Automobile' bandits ;it noon today fatally shot Assistant Cashier .loss of the Frank? lin Park State Rank ami escaped With two thom and dollars. WILL ( I T EXPENSES. (iCM'lillllcill U| keep I Ik in Down. Washington, Sept. 17.?President Wilson announced today tbe estimates for expenses of government depart? ments during the next fiscal year tvould be kept as low as possible in Vi< w of the falling off of government's revenues caused by the European war. You Need a Tonic There are times in every woman's life when she needs a tonic to help her over the hard places. When that lime comes to you, you know what tonic to take?Cardui, the woman's tonic. Cardui is com? posed of purely vegetable ingredients, which act gently, yet surely, on the weakened womanly organs, and helps build them back to strength and health. It has benefited thousands and thousands of weak, ailing women in its past half century of wonderful success, and it will do the same for you. You can't make a mistake in taking The Woman's Tonic Miss Amelia Wilson, R. F. D. No. 4, Alma, Ark., says: "I think Cardui is the greatest medicine on earth, for women. Before I began to take Cardui, I was so weak and nervous, and had such awful dizzy spells and a poor appetite. Now I feel as well and as strong as I ever did, and can eat most anything." Begin taking Cardui today. Sold by ali dealers. Has Helped Thousands. r Bee Brand Spices Add Zest To every meal. A dash of pure pepper ground the Bee Brand way, will improve you meal a thousand fold. I he deep pungent aroma of Bee Brand Pepper is secured by patient grinding in especially constructed mills. In no other way c an the pure rich llavor be obtained. . / Bee Brand Pepper and other Spices are packed in handy air-tight tins?equipped with lifting-top*. Cost no more than other kinds. 10c at leading grocers. Here Arc A Few. V. Baula, Bradford Bros. M. E. Brown, S. B. Broom. Bninson'H ('a?h <iro., Carolina ??:<?. t "o., Cuttino \ MeK night, Hoher! i lark. IHtcker.N Bultniun. !'?. A. Piggf, .lones & .lea? nings, l-ovy & Mose*. C. (\ Moore, J.S, Moore, J. C. Phillips. V.U. Phc-ip*. W. II I'ate A- Son, M .1. Sanders, A. Shannock, ?1 K Taylor. V. K. Walters