The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1871-09-27

not sustain tho estimate then given.
Tho drought which has prevailed suo.
cossively for over two months, in
moro than twothirJs If. tho State, has
played havoc with the forms and
young bolls, and resulted IN the en-.
tire destruction of tic top crop. The
universal e.tiu.ato nuw IL that State
is, that the area rlan'cA will fail moro
than tbild short ofi's$}t' y%'IaIir'- Yield
Wo also estina ell tl,,1, the torop' Of
North and Snu,h ca nlini, and Elori-
da, would nlahe I'll equal yield III the
area planted, with that nf last yenr.
From all Of thee st t s the reports
arc that great change has taken
place within tho last SIX weeks. From
all of them not more than three.
fourths of crop is expected to bo
gathered. - ...,."i
The crop in many PORTIONS of Ar
kansas, also, is reported to bave suf-
fered heavily from drought, oausing
the loss of the top crop.
Our information from Georgia, Ale>
bama, Mississippi, Louisiana and Ten
ncssec docs not change our views then
expressed of the conditton of tho
crop and the prospect of yield in
those States.
With this cvideIce Of change in
tho situation, we now put tho yield Of
the crop of 1912, ut not over o.
100000 bales ut the outside 49,
Taking this to bo the true stat us
of tire situation, what is tho
duty of the planter to himself and
his section? 1t is we'll known that
what is termed a "Cotton Ring" ex.
lists in New York, comf oscd both of
manufacturers and moneycd spcoula-
tors. This ring, which has grown
rich of the losses of oar planters, has
been busily engaged the entire sum
mcr in writing up the growing crop to
large yield, in despite Of glaring
facts to tho contraryi and have not
given up the effort. They yet per-
sist in an estimate of three and a half
to four millions. This is done to dc
lude Liverpool aud enable them to
secure the bulk Of tho crop at low
figure. They act, too, upon the sup
position that planters arc Indebted to
the merchant class for supplies md
advances to the extent Of twu.thirds
of the crcp, and that this much of it,
of necessity, will be thrown on. the
market MS fast AZ giuncd and packed
This latter feature has hcen taught
them from past experience,
Then, VIC repeat what is the duty
of the planter! 1t is plain. Such as
ale in debt for supplies or advances
should bring foi ward their cotton aud
make tl.e best ar angemcnt possible
with their creditors, even to selling if
necessary. la tlis emergency, the
merchant has Il duty to perform also,
in extending all the lcniency in his
power when cotton collateral has
been placed i'll his hands by the plan
ter dcbtor These two classes are mu.
,ually dependent on each other. The
merchant, if agriculture is fecccd
cannot prosper. If what wc have
stated as the probable yield of the
crop be true, and We believe We are
correct then, every pound of cotton
made is worth thirty cents. Less
than twenty-five cents will not remu,
ncrate the planter for the making Of
the present crop. The proper effort
at accommodation between the in.
dcbted, planter and his merchant.
with disposition on tho part of the
uncmbprrassed planters to hold for
twenty-five cents, will soon march
prices in the interior markets up to
that figure, and save millions of dol
lars to be expended at home, which,
with different policy, will 70 into
the pockets Of tlc manufacturers and
spectators Of New York and Liver.
pool. '
The Cotton Crop of FafrGlcIG.
We have 'oceivcd from reliable
data, the following statistics, which
our readers would do we'll to cut out
for future rcfercLcu: ."
Number bales bought and shipped
from lst Sept. 1870 to lit Sept. 1871:
From WinnsLro, 1852
From Ridgcway, 2,234