The Banner-Democrat. [volume] (Lake Providence, East Carroll Parish, La.) 1892-current, 1895-09-14
Interest to the Planter.

| Hector d. Lane, President of tn
American Cotton Growers Associatio,
has issued the following circular I,
the cotton producers, dated Septem
Der 7ih:
To the Southern Cotton Frowers
In the discharge of my duty to yol
as the president of your association
have personally examined the cottor
crop in all the cotton States, as far q.
one man can reasonably do such
thing, and havo received many com
munications from entirely reliable
sources in every part of tho Souiherr
cotton region.
The crop is nowhere above, and in
all, save few favored localities. is be.
low the average. All possible causes
except frost, have combined 10 pro.
duce this result, the causes varying
with the locality-drougLt, rust, boil
worms, army worms, excessive rains
and shedding. Ii is generally three
weeks late, and in such a condition
that a frost at the average frost date
would be disastrous, and before that
time calamity. The plaut is notably
deficient in fruit, and the bolls are
small and badly developed.
l do not pose as a statistician, and
no one but reckless guesser can
make any accurate forecast of the size
ofthc crop before frost, but, from my
knowledge Of present crop conditions,
| venture the opinion that this crop
cannot in any event exceed 1000. 900
bales while 100000 bales is by no
means improbable.
The English aud European spinners.
who consume the majority of The
American crop, and upon whose
necessities to purchase we must large
ly depend for prices have been induced
by their resident alien professional
crop estimating representative, Mr..
Neill, and his able bear coadiutors. to
believe that the official reports of
crop conditions and aceage are ven-
ture; that the supply of cotton will be
ample and that even present prices are
abnormally high.
In my humble judgment. if the con-
sumers of cotton here and abroad be-
lieve that the maximum of this crop
was 100000 with the strong proba-
bility OF its being below that figure,
there would be material advance in
the price of cotton.
The trade conditions are almost
phenomenal. Every spindle on earth
hat can turn is turning, and still
moro viii be set TO work within six
Twcnty-one new treaty ports
rave been opened to China. Japan is
becoming consumer of our cotton.
According TO the Manchester Guardian
If Sept. /, English mills have extensive |
;ontracts with China, extending TO
March, 1896, aud their looms and
pindies arc fully engaged to the end |
u this year at profitable prices. Con.
mental trade is active aud demand
rom Indian markets is expected.
A marked advance has taken place /
u over tho world in everything ex-
ept breadstuGs, and is continuing.
The activity 10 metals and metal
PRODUCTS is almost without precedence.
The two staple articles of nails aud
'arbed wire have advanced within
hree months more than 100 per cent.
We are clearly in the presence of a
treat trade revival, and the Southern
armer ought to reap his share of the
harvest of high prices. No country
an take his place in supplying the
World with cotton. He is not like the
wheat grower. Wherever tho sun
hines aud the rain falls, wheat can be
.rown. Tho American cotton belt is
~ generis, aud has no counterpart on
he earth.
The present situation is entirely /.
ndor your control. The combined
pinning capital of the world-an ag-
regate five times greater than the
olnbined wealth of the RonthschiIds
lis arrayed against you. aud under
heir banners march plunderingl
and Of spectators and gamblers,
hose trade is 10 lie aud 10 bear false