St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1892-10-22

furnished by Sydnsy Smith, ex-sec.
rotary q dallas Exposition and
State Fair.-Dallas News. Oct. II.
HOLDING HACK RICE.
Rice planters have . serious prob.
lem before them. They have grown
. big Drop. and harvested It undsl
Exceptionally favorable circum-
stances, are confronted with glut.
ted market that naturally places
them at the mercy Of buyers and
depsesses prices.
What b their true policy under
such circumstances! To hold their
product for higher prices partakes
of the nature Of speculating on the
market, especially u they hsvs debts
to pay OF may be forced 10 borrow
money In order to ''carry" theis
rioe. Yet il = hard, indeed, to cell
when they fulty ssaliss thss the
terms offered aee below intrinsic
values under normal conditions Of
supply sad demand.
On the other hand. again. the
large stock being ready, whether In
city warehouse or country harm, will
prices 90 up IS hoped for. con.
sumsss kaowing full veil that they
can at any time supply actual
needs:
Below Is one expert opinion on
the subject, furnished BY Dan Tai.
mage Sons. New York. Being
dealers and nayhsp large holders,
the motive Of such . pabliestioa srs
apt to be questioned BY those OF
opposite views. Yet the facts
stated ought to receive due coasid.
erati0a fr0a those concerned:
1t b high time that the planters
consider ths power Which liss In
their geasp. They pillow, plant and
harvest, and then ct the cloee often
throw away theis csops. Each eag.
ee to get Ne fiest advantage, al
press Ike 1ock q sheep over tie
precipioe q isto the valrs dss. It
b worth the while q every nan to
consider - to the money value q
bis crop. 1t 10 needless 70 expect
1.-THE uttermost farthing," bat Ger.
tainly the creator Of tie wealth Of
the country hes the right 10 and
ought to insist on . fairly spppoxi.
mate equivalent In hard cash for
bis hard labor. At the present mo-
ment We have rice In mind and We
call attention 70 the utterances Of
the veil known authorities, Messrs.
Dan Talmage's Sons. They say:
The condition oe the rice narlget
= simply deplosable: while there b .
larger crop than In any peevioas
year, Il 10 going 70 be FILTERED away
ct very much less than IL real worth.
This b due b the net that planters
do not know q care to get its val.
ue. There r 10 cooperation and
the principle naintalned-'eveIy
man loe himself and the devil Tor
the hindermost.' Crops ore pushed
forward, the chief anxiety Of every
planter 70 to be the iirst man slaugh-
tered. As . result there IL . regu-
lar Waterloo destruction and Whist
We fear Il humiliation Of the best
interests OF the crop. We say this,
- unless there be . halt called.
prices are going below the cost
Of production, and the next year
viii see . partial and probably large
aband0nment Of the culture.
There ought 70 be ''sober second
thought" INDUCED In and IN ascer.
tainment Of value, and - TO TIE
outlook foe . favorable disposition
of tie crop - such q some prices
reasonably approxsmste. Here are
facts:
1. The rice b not sullcleat to neet
the reQuirementoe the United States.
2. lts value, Improperly managed,
is, therefore. fully equal to that Of
foreign rice, which each year has h
be Imported 70 meet deficiencies.
5. Foeeiga q the lowest grade
cost to inpost oyer I cents per
pound.
Throwing aside that our hone
rice is worth mach more, We say:
Domestic rice Of good character
should sell ct not less than q so
10 o Is per barrel On plantation,
md at anything below such nets less
Than real ipstSjnsic worth. We
give . rasge q Aguess, g s0Me
plantations are n0ee remote fro0
Milling ceatess aid therefore costs
u transportation ere greater. The
practical question =, "How can
lhis - reali1ed!' and the -.
lVer. NY every naa detesnining
10 holl hjs cRap, gales be ca get
} fAir return = doilasp sUd cent?"
We cay 70 every planter ffismd,
''Yoas cop, fgo0d Quality. . worth
4 least o 80 per basse3, asd n
near nilDiag eestess, o Is. The
POOREST dee saised ~ rear b sjeh.