The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1895-03-06
UUiIUlii LIZ SUJ i 4 4
Tsct5 and Suggestions Concern
ing the Situation.
ADDRESS TO GROWERS GG2TEE STAPLE
What the Depression is Due to: How to
Remedy it and When 20 Proceed,
The Question discussed By
One in Position.

WASHINGTON, March 4.-The follow
ing is copy OF letter written to cot
ton growers by Alfred &. ShePpersoa,
editor OF Cotton Facts, and secretary OF
the subcommittee oa cotton Of TIE
senate committee on agriculture
Washington D. c.. March .. 1866.
TO the Cotton Growers OF the Sou:h:
nave 40 pecur:ary interest whatever in tho
cotton market and it is well known 10 pro-.!-
nent merchants all over the country that
never nave had any. AS close observer Of
all matters pertaining to cotton. have thought
it would not be deemed out Of place to present
TO tie cotton growers oi the country SONIC
facts and suggestions concerning The cotton
situation.
The price OF mtddling &C tton in New York IS
now > ZIG cents per pound against 7S cents o!
March lSt. 1894. while corr IS now Is cents pcr
bushel IN Chicago against S. cents a year ago
The dscLne in cotton is over twenty-five per
cent, while the advance il corn IS thirty per
cent.
The New York quotations for cotton and tie
Chicago quotations for corn, however. do not
really present the economic aspect OF the nat
ter IN It's strongest light, rs the cGtsop grower
does not receive the New York price for his
cotton. but actually gets very much less, as
freight to New York and Ill handing and SELL
ing charges and the cotton buyers profit have
to be deducted so that the planter 1T present
prices, only obtains about four cents per pound
for midGlinS cotton, and the crop will net
average so high in quality as that grade.
Neither does he get a. the Chicago price the
corn re has TO buy as freight and charges and
usually large profit are ADDED TO the Chicago
price SO that to-day the southern farmer who
buys corn instead OF raising It, has 10 C5 10 70
cents per bushel for 1t.
Com IS tie most important cereal tor the
south as its abundance and cEcaartSS insure
ample food for the farmers and their animals.
while an iasuGciect Supply and high price il
volve the opposite results. The southern coi-
ton growers obtain {: large proportion Of their
grain aid meat from o:aer scct!oI:.; c; the
country. Confronted nov with Z la:cc Shrink
6ge II the value OF cotton co:2c:2c2t with 4
great appreciation n Tie value OF com. the Sit
uat!on seems 20 inpera:ively ccrIGEj o. the
cotton growers reduction ia:S SH:iHS OF The
acreage devoted to cotton and an increase Civ
en- TO food ants forage crops.
The prese1: depression IL cotton IS dye in
great part 10 the very large stocks Z! European
and american markets and the l4ar .hat the
acreage il cotton viii not be re.ucet. tis
year. Notwithstanding: the tac: that the
spinGerS have bought c2ucn mcGc cotton than
last season, the stocks in EC-o2c&n a2i Liner
lean markets are four hundred th"-isa2a bales
more than at tlis time las: year.
The price OF cotton IS at the lowest point
since IS43 aa1 large crop ti.is jI az :.cu.G IN
doubtedly send it still lo:r"-. Evcrv planter
knows that present prices cf co:.Ga :.-c mach
below ;.c a"cr&go COS; CT production.
IL view o. n. facts stated / earnestly re-
con2:end as ::::;2fe.:ly for t!lc oe;: interests
OF the cotton ::"oE-crs CT G:e coc.s:ry. ! Vc-y
material cGrt2.i::aGt OF cC;!>;2 ;:c"c:,-2 t:::S
spring ara 2G Increase y -; 1901 ;.::,i forage
crops and that ..s'ltcT atten!ioi: &c given TO
Tie Rising C: I've S:oci: AID ar: 2:?:Izcls.
Eoai crops os every tisSt::'.::aa s;c5!i be
raised c. al "3G: iC.. fans ,:.. :c:t" ::ol,lG
be i;:at:r :s;.-;,,Gs .2o:.e,' crc : ;s -ohc.-
bic tast iaoGe"@ :. crop his ,'cai :: j.. SCI Cor
actn:-::y Gore --2cIcy ::!aa :. .a-&&e c:op.
Very respectfully.
AI,Fs.:D Is SJ- 2:,rrS0G