The People's vindicator. [volume] (Natchitoches, La.) 1874-1883, 1880-01-17
Observation-Disclosures
mo. Timm.1

IN W. xUUeYsJ
Much diversity Of opinion exists q
% the extent Of the present Amer
csn crop, and Il may be Of interest /
our Ieodero, and cotton merchant
especially. to ascertain II q crop &
IL, l0. 900 bales oven will create sue
. surplus In connection will abol,
100000 bales more IN India an
Egypt, a. some leading authorize
predict. 1t IL not Our intention {,
draw 4 picture that can hattef eitbp
''BxllS' or Bears" but simply Riv,
+ eActA @ 10 view them.
But before going into this question
,..i1013h1t, let % ask ourselves II thl
pooont price OF cotton Is inflated. NJ
@96y seem TO think, without beina
able % x1ve any reason. The very
empty argument used. that this crop
has been produced cheaper than any
el4oe the American war, is really the
only one that, ID, our opinion, de.
serves any attention, and il We ap.
ply thjs to present prices, gives US
the argument that, because 40 article
beo been produced cheap It must be
sold cheap. We should, however,
not forget that the Southern planters
have made their crops from year 20
year 0inco the Wof, realizing. 10 most
10ets0ces, no more than q bare liv. |
te6s and because IN opportunity n |
given them TO see fair reward paid !
for !heif labor, present prices arp
considered high.
But it matters little what an article
costs 70 produce. II the demand IL
active, and manufacturers can nav q
certain price for the raw material-I
themselves .ObtainiDg satisfactory
pfodts-they will not stop long and !
ask: "How much did this cottdn
cost you to produce ?" We say, *
tho demand IL active. That such
be- beon fact We need not mention
here. Al! who are acquainted with
tho tlade known that OF q surplus OF
ebo0t $4,000 bales at ports since
oopteuber Let, compared With lsst
: Zpey. 10 have now only about 5000
With 3 movement in cotton IN.
pIecedented In rapidly, add consi.
deeiug the influence OF receipts upon
all markets 10 former years, e vac
but reasonable TO expect that lower
lDlooo at one time looked Inevitable.
~ What do We find With re-
'66(p1Dat ports and the overland move.
@o0f (tho lottor % December lst)
takan Into acCount. ~ are about So. q
90 boles ahead Of last year, q eur q
~ @ csid above. Of only 10000 =
h4l10 can b found. Y
Many argue that spinners are hold. q
1og largo stocks everywhere, and
% 4gep out OF the markets for some
considerable time. To % Il looks
Q13 INHERENT. The bulk Of this sur.
psoD y not % b found IN epinners
Doodc, but nao been spun and con.
DuWed % OIL Q vacuum, caused BY
Dcorctty OF tho matertel during the
hummer mouthe, and We maintain
nat 0pl0nets NeyeAye will REQUIRE
y much cc1ton from this out a. they
" oooo time last year.
Z - thu No are confirmed by latest
ldvlceo nom England and the Con.
1nent, whore trade generally II re-.
)ogtod much better thaa lat wear.
Q much 90 that r0perafives AZ old:
An threaten strike. because spin. =
80 40 compelling them 70 work
1oee hours. without paying for the j
lceeaood labor. ~
Without considering the above. =.
oWevet, and Assuming that all Eu- III
>po Will not consume more than the
voIo0o OF the past nine yeare. Ne
40 the l0uoW10g interesting ex. N
|ole, boeed on Q 500, 900 bale crOD
y America, and about 100000 bales ~.
loco nom 0thef sources than laat ~ .
~. The American milla rennipino ~