The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1891-05-01
xv.rythias 5su.l dwarf ana csts.a with

~ Asst.
Nsw Yosx, Apei 24.-rbs Tide Of spseu-
ls.ios hes sppsss1e eiy s'ssted In for high
run. Wan sir4ot(js revived. aad Il looks ss
though We vsfs the beginning Of nush
| life, and the vssy ar Is surshsrged with pre-.
dictisHs- Of BIG bse&sss and ipnstsd values
during the sun1R.
There is nors siyily on the Stock Ez.
I change thsl e&Rs-- ~, ,YseEy Aakt ssd
the Produes s4xss hs o. l.ts bDeA the
transactions, resulting 10 rich reward to the
bulls,
Evensthe Cotton Exchsngs, where trade
has lonf been rs dead as door nail, has
during the lsst few days shown signs Of re-
vivsl asd activity.
1hets Is INCIDENTALLY turning Of attention
to Gotten. and, in spite of the unprecedented
crop, tits more than likely there will be
come lively times in the staple between now
an Augut
"Cottor is lower to-day thsn it has been
in thirty years, and the enormous growth
in construction 10 fully commensurate with
the big annual increase Of tbs crop. There
fore eight and tbres-qusrter millions bales
should DO NJ hindrancc 70 fair price, and
August cotton to-day is st least cent pound
too low
SO spaks q prominent member Of the Cot
ton Exchange to-day, and he seemed to
mean business. 1t Is whispered in certain
quarters that o syndicate Of New York and
Liverpool operators with barrel Of money
behind them, have, formed . pool to put
are said Ia laid ":i;3 .I3 s:I; thai;
strength fully eqTs.H to tho undertaking.
Hubbard, Pri6e e. Co., have been among
the most prominent buyers OF August recent,
] y and are suspected Of being identified with
! 'he proposed bull campaign. They are very
active. send this dispatch as q friendly
mint TO your readers that IL may be we'll to
think twice before selling cotton short sim
ply because thore is q big crop. Statistic,
arc the most unrslisbls ofall factors in spe.
culations.
TO us there is very strong yfshy smell
about the above tclegraphic dispatch, which
We find published in oil the weekly editions
ofprominent daily papers in the South, aud
against which we warn our cotton farmers
No doubt il will be profitable for those
farmers who still have cotton to soil. to
hold IL until the pool puts II above 10
cents; but the trouble is, and there the
suspicion ofinteution to misleai lies, there
will be precious little cotton In the hands of
Farmers, for-thss~to be benefited " any
aPpreciab!e extent by the August rise aud
"epoi"t our farmers TO the seductive word.
ing Of tho dispatch, as being The usual rose.
colored promises and allurerhents held out
just about planting time. by syndicates of
cotton spectators in this country and
Europe, to inducs the Southern planters to
plant large crop Of cotton. Why is it that
VIC seldom, if ever, hear eif" syndicate Of
New York and Liverpool operators with
barrels of money" being formed to raise
the Prico Of cotton daring the cotton selma
season.
No. no, during \ihat important season to
The farmer. eynd1eate and pools are formed
~ operators with bsrrels Of money" to
t''p down tho rice to the very loves.
'o'ch' until they bs>1e squeezed all the co.
on out ofthe farmer hsnd,, and then they
'uoi'sh 10 the farmers that they are going
the upper st1 PSrt OF fif the fuel together and
to h-seyF Ft'
,ot,on bet eesT IST anu ssa. Ausu,tr Bus1
how many may bd induced by such mislcad-
ing reports aud promises as the above, at this
particular time. pitch q big crop and in
the fall find thescf same syndicates and op-
orators at work prevent them from get.
ting even a fair p Tying price for their cotton ?
The Farmers Alliance seems to be fully
organized audt Wiped TO meet every emor.
gency. except in The all-importaut matter Of
controlling :hs sale aud price OF farm pro-
ducts, notwithstanding fully ene-half the
complaining raised by the Southern Farmer,
is the low price they get for their great
staple-oottou.
We read the gushing speeches and lectures
of we'll paid officials tho Alliance, paint
ing in g'owins and captivating colors many
new political theories and measures which,
they claim, will 'put money in the purses
Of the Farmers snd all others Of the laboring
classes hVl,~s ps>er hear or read anything
from these gentlemen Of any practical in
tercst and Importance to the Farmer, upon
the subject of farming-what crops arc NEST
profitable ,c cultivate ccd i.c- &C cultivate
practical work on the farm, whereby farm
ing can be made profitable to tie farmer. 1t
| is possible, however, that such information
| belongs TO the inside work Of the Alliance.
! II that is so, it is AL right, and nothing can
be said in opposition to it, except, perhaps,
| it looks little selfish in keeping such
valuable information from, the public, that
would be for The public good, while tho
Order is rnying good salaries to men for
delivering public lectures, based almost
entirely upon political questions.
Why don't some Of the Alliance lecturer s
aud Editors. in tho South, at least, suggest
some plan by which the sale of cotton can
be reyuiste%SnJ tfU Order aud fair price
commanded? 1t does seem to us that such a
perfect organization as the Alliance is could
form an unbroken LING in this very i'm
portant matter, as we'll as upon the pass