Iuka reporter. (Iuka, Miss.) 1888-1894, 1889-08-29
The Cotton Crop ana the Supply
OF Cotton Bagglng.

An Address to the Ordersat Large BY C.
". Macune, President of the National
Farmers Alliance and Cooperative
Union Of America.
There Is great necessity Just at this
TINS for . thorough understanding on
the part OF every cotton grower OF the
axeof plans and methods OF the Alliance
tor wrapping, handling, and selling the
crop now about to be placed ON .be
market. Dvery member Oh the Alliance
and unlun in the uotton-growing States
ID pledged by the action .aken at the
last session OF the National body to co.
operate In selling the crop, ana thew
are expected 10 carry out such oblipa,
ton by holding themselves in readiness
TO obey the Instructions OF the National
COMMITTEES at moments notice. This
SHOWS the necessity Of o perfect under
Standing ana the importance OF com.
plete harmony OF action.
II u no secret in commercial circles
that the markets of the world have not
Tor several years been no poorly stocked
with manufactured cotton goods at this
season OF the year. and 1t Is also known
that the mills are in POSSESSION of very
little cotton from which to manufacture.
Tho ssook Of cotton on the markets at
the various ports is generally of the
less desirable grades and STYLES. New
York for example, is said to have ten
or hfteen thousand bales of cotton OF
such an inferior quality that no person
deslres u. and II is kept there as
menace to the future dealer who would
attempt to exact delivery on purchase
OF futures. The visible supply Of last
years. crop il reported about 800 600
bales short Of two years ago, but whan
the character OF the supply and the
certainty OF greater demand by the
nhis 10 taken into confederation, the
denclency. IT Is fair to conclude, Ia ct
least double that amount, or COO. 600
bales. Tho crop IL not as large - has
been reported. Resides the worms in
some sections, they have had too much
rAiA IN many places east Of the Nissis.
sippi, In Texas the crop, re ported At
1000, 900, viii scarcely re ach 1900. 600
oAless on account of excessive ra,na
damaging cotton m bottems In places.
followed by drought In sections. Alto.
gether the outlook for total crop q no
better than a. this time 10 1877.
In view Il all this il ID ov,dent,v
greatly to the interest OF the cotton.
grower to DO in no hurry 10 sell his
cotton. This Is = year in which all can
well afford to wait for and cover
themselves oy the instructions from the
cotton committee, which has the matter
IN charge, Why this undue haste 10
get the hrst cotton wrapped ana sold a.
soon - possiblea Such course is
evidently TO the interest OF some one.
but not 10 that Of the planter some
men seem 70 deem 1t very important
thxt they get bagging ct once and sell
lheAr cotton. There are two clasxas n
men who are delighted to see this senti.
mont, and who are interested in ans
Douraeing It, and these are, frat. the
|ute men, who desire anything to peau
ootton banging, and use this 81 prize |
y induce some men to use burlap or |
Dandee cloth; and second. the Coffon |
men who bave sold the cotton short and |
must have cotton 70 fiji their contracts. /
There 70 another class Of men who are
errioly frightened lest the farmer viii
not sell his cotton IN time t. pay his
noFchan early enough tor she merchant
. meet his maturing obligations on
ina and - consequence they claim
IA any delay IN selling ON the part Of
~ fAymere will bankrupt al she mer.
'hAne u the country. They forget
IA the farmer has for several wears
'een accommodating the merchant by
urnia& his cotton loose IS sopn AZ
stbszed. regardless q price. until now
ae ss9naoh argument 10 sompellipg