The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1889-09-03
tarS Of Agriculture. But we are told
L1vERpo6L w1EL NOT AGREE.

L1vERPooL w1EL NOT AGREE
Naturally we would expect this
great cotton market to- stand for its
own government and her interests.
Great Britain controls the jute supply
of the world. tits gfORnsin her do
minions, it is produced by her sub
jects, it. il transported in her vessels,
it is largely mani factured by her
operatives under the control and in
the favor of British capital. 1t is
therefore natural, we say, that the
Liverpool Exchange should favor the
interests Of its own people and gov
sFnment and 1t Is gratifying TO see
that oar American Exchanges are no
hsseloyalbo their own country and
people, Assuming that the Idyerpool
Exchange is opposed >tel the 4set4af
cotton bagging Though we have.seen
it nowhere 50 stated, oficiagy,l
- CAN r PREVENT IT
Great Britain has about one million.
hands employed in textile industries,
q large majority, of whom are engaged
In the manufacture of cotton and are
dependent on it for daily bread for
themselves and families. Are they
not bound to have our cotton, wrapped
or unwrapped3 Is not Great Britain
compelled to have American cotton,
even Though it should leave her jute-
fields in India to the briar and bramble
and, her jqte.looms in England. and
Scotland to the spider and its web :?
The situation then is simply q ques-
ton of endurance between the Ameri-
can farmer with the friendly aid of
home exchanges, of home capital and
home manufacturers on the one side,
and the British manufactures uawith!
millions of dependent mouths, on the
other. Can theysdow without our cot!
ton longer than I'VE can do without
their jute bagging Already their
LOOMS IN LANCAsTERsHIRE
are shutting down, and it is said that
others are to follow. There are only.
SO, 900 bales of cotton in New York,
the smallest stock on record at this
season of the year, and the stocks are
exceedingly light throughout the
whole country, The receipts for the
present month at our home markets,
we confidently, predict, win be smaller
than for the same period during the
past ten years. Indeed we confident
ly look for a slower movement and
more gradual distribution Of the pres
emit crop, than has been seen, perhaps,
for the past twenty years, Ali this
will be decidedly in favor of the
He will be
MASTER OF THE SITUATION
If he will but keep cool and stand
firm. But his nerve and pluck and
tenacity will be severely tested. No
man on the two continents is o
entangled and embarrassed by the
than the dealer in cotton
futures: He has sold for delivery in
the early fall months. He must have
the cotton or be wrecked. The Ali
ance is holding it back to dress it in
the Alliance uniform. This has al
ready advanced the price to a figure
for spot cotton beyond his contract
price; a thing not often seen. But he
must have the cotton. He fears he
cannotget it in time or at a price that
will save him If he must wait for the
Alliance uniform. Hence, he has his
agents now going from farm
to. farm, in Mississippi, Alabama
and Georgia, offering to buy the
to be delivered by a
given time, and to advance the money
for 1t. Hence, he writes dispatches
and circulars for the press to show
the farmer that he is a fool If he waits
for cotton bagging, which Liverpool
will not receive Cd or until the price
falls! Verify, his bowels of com
passion" r greatly moved for the
poor farmer Let every man who
belongs to the Alliance, keep cool.
Be determined. Be firm. Be brave.
Stand manufully by your colors.
Jute monopoly a0iu go dovn. You will
triumph g%loriously, and inspired with.
renewed hope and rene wed courage,
your noble order shall go forward to
greater andzgrander achievements.