The climax. [volume] (Richmond, Madison County, Ky.) 1887-1897, 1895-09-11

New ORLEANS, Sept 9-Hector D.
Lane, president of the Cotton Grow
ers' Protective association, has issued
circular to the southern cotton
growers which appears Monday. BE
SAYS:
In the discharge Of my duty 10 you, as the
president OF your association, have person
ally examined the cotton states as far as one
man can reasonably to do such a thing. and
have received many communications from ems
tire Y reliable sources in every part OF the
southern cotton region
The crop is now here above, and in ali save d
few localities, is below the average. All pos
slble causes. except frosts have combined to
produce this resu /. the caBses varying with
the locality drought. rust. boil worms, ex-
cessive rains and shedding. II is generally
three weeks late, and in such a condition that
a frost at the average date would be disastrous
and before that time calamity. The plant is
notably deficient in fruit and the bolls are
small and badly developed
/ do not pose as q statistician and no one
can make any accurate forecast Of the result
OF the crop before frosts but from my knowls
edge Of present crop conditions, I venture the
opinion that the crop can not in any event ex-
eed 7u0lo0) biles while 659lOJ bales is by
no means improbable The English and Euro
pean spinners, who consume the majority OF
to purchase we must largely depend for prices,
have been induced by their resident alien pro-
fessional crop estimating representatives. Mr.
Neil and his able bear coadiutors, 70 believe
that the Odiciu reports OF crop conditions and
acreage-are untrue that the supply Of cotton
will be ample and that even present prices are
abnOrmally high
In my humble Judgment. il the consumers Of
cotton here and abroad believe that the MAXI
mum Of this crop has even a strong probable
ity OF being below seven millions, there would
be q material advance ia the price Of cotton
Clearly in the presnce OF a great trade re-
vival the southern farmer ought to capture
his share Of the harvest Of high prices Nc
country can take the place Of supplying the
world with cotton as the south. He is not like
the wheat grower Wherever the sun shines
and the rain falls. wheat can be grown. The
American cotton belt Is sui generis, and has
no counterpart on the earth.
The present situation is entirely under your
control The entire spinning capital OF the
wurld--an aggregate five times greater than
the combined wealth OF the ROthschilds-ls
arrayed sgninst you, and under their banners
march a plunging band OF Spectators and
gamblers. whose trade is TO lie and bear false
witness against the Industries OF twenty
millions Of people.
The Manchester Guardian boosted last year
England did not care II the farmer owned only
the rags ne STOOD IN as lCng as England oOuBhl
the cotton he produced cheap.
This guerilla band OF spectators and estirda.
tors would have taken even his rags away
Their main hope and argument is that the
south will make and sell the bulk Of its cropir
four months. Ny earnest advice, therefore
Is to market your cotton with reasonable in
telligence. Do not rush il all forward between
now and Christmas DO not press it for sale
except where absolute necessity cOmpels The
spinners must have your cotton Their
mills are going with probability, and
the loss attendant upon the stoppage is toe
great for consideration. Husband your cotton
and sell when thev need it. and then you viii
get what it is worth, according 10 the true anC
undisturbed operation Of the laws Of the polit-
ical economy.
All newspapers in the south are respectfully
requested 10 publi-h this address
Your obedient servant
HECTOR d. LANE,
President American Cotton Growers AssO,