The St. Landry whig., 1845-03-06
a00.OoO
Excess Of supply,

Aa tho stocks have been accommodating for
years. and are now large beyond al pFecedent
this additional burshen of 100000 bales c@annpt
bid DO felt very seriously. Az The end q the
year I64S, there was q stock on hand Of I,052,
600 bales. This immense stock was largely in
creased at the end Of 1914.
Here, then, Is q reason-a good reason-why
the priceSof colton is and must continue very
low. The present prices affect severely the
planting interest Of our section Of country.
Remedies have been suggested, not a few, for q
betterance of our condition. OF all the causes
which have been assigned for this state Of af
fairs, We see none 50 tenable as the ground as.
suned hy Professor Mckay. e is evident that
oves production il the only cause, and planters
eifher viii NOT see The fact, Or pretend not to
know,it. The thing isa plain and unerring as
that the needle will point to the pole-the pro.
dnrtioa Of cotton is growing upon the consnHp-
ton. Equally plain is the conclusion, that the
price must be 100 low to allow those engaged in
III production . fair compensation for their a..
Dor.
Thc remedy for these evils, here presentthen
selves. Plant less and turn the labor of a por.
lion Of the plantation 70 other sources Of revenue:
There are many branches Of agriculture which,
can be probably pursued ii cotton growing rel
gions. by doing this, ~ofcourse the crop IF cot
ION Is diminished. and the price ofthe remainder
enhanced, which adds 10 the wealth, indepen.
dence and security Of the entire South.
III connection with these remarks, we make 4
few short extracts on the same subject, from thu
Bayou Sara Lie.dgers
tEach individual planter will find a full reward
Cor his industry and economy III producing every
thing Which he consumes on his plantation, ever
10 the wool Of which his negro blankets arr
Rndo. Hall weretO adoat this plan il wonl,
reduce the crop one hall, or nearly 80, and conse
Auently increase the prices while the cAsh Oh
tanned for II would be clear profit; and the $50
latca individual who will make the experiment
cannot suffer hyit, as according to the best az
fhor;ty tt costs four cents q pound to make cotton
and III market price now is four and a halE-th
planter realizing Sper cent. on tho cost of pru
duction. or about $500 on 100 bales, out {
which ~ has % pay commissions. sc.
ssWe presurne every one will admit that ifb
aonrc meansthe crop 0fthe nextseason should "a
fat short 81 an average one, not to exceed a millio
and mali Of bales, cotton would command froi
s Ia Accents per ID. but the opinion is equal
rrevafena that should The crop prove excessive
Ina reach, I'LL ii probably will without some mi
aensial forecast, Two milliOns four hunated shol
nAna bales, under the present restrictions b
commerce. The price must fall short a what
nav &. a cents perl ID. Under this view nth
snbieca Il would be better, as has hren sui
eeeled, 10 burn q portion ofthe crop aside Butte
did with their government bonds, 10 enhaAs
INV value vfahe remainder. One million aAd
halga III bales, al 8 cents per hi. would aulou
~ a5Ay00B.00O. while two millions four hunaFl
thousand bales, at al cents, would only bril-
&4a,2o0, 000-mnking . difference IN favor
The short crop ofoyer ten millions and a half
dollsra. But ifthe crop could be thus reduce
hvtke diversion oflanls and labor 10 the produ
tioss of hacons corn, negro closhlng, horse
mules, &c, which are now principally prOcMr
fsom the north and west, Il would not only Z
IN additional ten millions and q hall into I
pockets Of tho planters, but would reduce thu
expenses nearly the same amount.
awe would advise all rejecting planters
ponder this matter well, previous 10 putting
sheir cropalet them r~ecollect that it'll not !
qraDtityOf cotton, butt The amount ofmoney 70
sesIEzsdf from The crop, which interests them.
But, il Is objected by many, that 10 chang,
crop is alHsost Is bad as The continuance Of /
prieeas sAhs4N s. attended with immense expen
and that but few are able to make a chan;
WE'LL We shall not consend against this, in so
Esspessas web founded objection. But, certain