The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1895-08-21
THE DIFFERENCE
Between Farming on the Cash and
Credit Systems.
AN ARTICLE OF INTEREST TO

AN ARTICLE OF INTEREST TO
Every Planter in the State OF ooutn
Carolina-A Vivid Contrast Of
the Two Systems.
Editor Manning Times: Herewith send
YOU the result Of the efforts OF A and to
make cotton on improved and highly cult
waited lands at living profit. These are
not imaginary Individuals. but farmers o:
experience, whose estimates have been
carefully made and results accurately re-
corded.
4 plants stiff lands, B pine lands sandy
with sub-stratuni of clay.
How many Of us, in the attempt to I'M
prove our lands and bring them up to the
high standard shown in these two cases by
tie purchase Of guano on credit have found
themselves without land to improve?
Who of US has enough of this improved
land, either by guano or homemade
manures, to make the amounts state per
acre? and yet We have been preaching
intensive farming and reduction OF
acreage" for how many years?
Shall We now swap masters, and by
| swindling the merchant, deposit his cotton
with the banker to secure money to make
more cotton Have you any cotton to put
| with the bank Us collateral? If we had the
cotton where would we find the bank bind
enough to aid and abet US in our folly !?
Tn. merchant might be willing to do this
himself for his own benefit to pay his own
obligations. and the collateral would be the
| merchants, not yours.
These are days of visionary financial
methods, but the bankers are men @! IN
telligencc AMI will scarcely ac,eptu Us col
latera! pershable worthless security even
to increase circulation, which ultimately
must result in still further depreciation
Of their security cotton.
Why should the merchant dabble in this
roundabout way with the cotton you have
made and which has already cost him
more than it is worth, when he can 60 on
Wall stl eet o. telegraph broker and buy
futures?
When the time comes for another to lose
and to continue to lose year after year. as
merchants have through the farmer with
out hope Of profit, then it is time to cease
the habit of losing, or socialism ard the
millennium indeed are near.
We can not get something for nothing
public Office, for example-without loss OF
selfrespect. and it is high time for US
farmers to cease to look up to any class for
our daily bread aud bacon.
Shall We join IN the hue and cry OF the
majority" in our desperation against "the
merchant, the bloated bondholder
whom we work harder than ever our slaves
were allowed to work for US in the days of
slavery when now they realize that our
labor does not pay them nor support US ?
God forbid If we bleed, their money has
furnished the blood. They have lost the
money we the labor. All OF us--mer-
chant and farmer-sufer for our cotton
folly; we have ruined one another. II,
however, they-the merclnnts-had seen
:neir error and turned their Investment to
votes instead of cotton some years ago the
finances might hive been and the politics
of this State would have been in more
healthy condition. onr people more united
and our families more conteutcd and pros
porous. See?
If the Farmers Alliance, who. it Seems
| have turned their attention to politics and
to efforts to suck public pap-poor Great
ures will not or can not control the cot
ton acreage of its members as enectun!i.
as their votes at the polls, let the people
of this State. at least when they meet IN
convention (too late for this year, relieve
Us Of this cotton planting incubus regard
less OF protest of farmer. merchant or
broker. Let US show that We fully appre-
ciate their
CURSES OF CREDIT
and their abuses for not paying our debts.
IF they make advances to make cotton the:
deserve to lose. Amen! Why did the
merchant credit us? To make money
and in many cases on borrowed capitul-
he ran the risk Of lending to US. The man
from whom he borrowed took as much of
the risk as be who borrowed, for he knew
how the merchant. would lend. We bor-
rowed from the merchant that We might
work to make cotton-the only thing that
we could make to represent money--that
I. Sha hNr
rowed and exist on the hope to live. All
this cotton was made for him.
When We owned slaves they worked for
u.s. but We fed and clothed them.
A revolution came. Slavery was done
away with; we were all ruined. Another
revolution has occurred. The majority Of
Us are worse Of than in 1863. All and
everything else is under mortgage the
merchant is in the clutches Of the factor
the factor in the hands Of the banker. and
the farmer is ruined, but he is not free.
The cotton planter (slare Of the merchanO
is still in the throes of slavery, and will
always remain SO as long us he chn get
credit to plant cotton for any one else than
himself He does lot get feed and
clothes.
The effect of this credit system under
lien or otherwise will and must ruin any
people morally and financially.
The merchant knows. CT ought to know.
that you cun not make enough to pay him
when he IS making these advances. ion
know that you can not realize enough from
all YOU are worth to pay him tor these ad-
vances if cotton and all the securities are
offered on the block. These losses and
non payment of liens have been Increasing
for five or six years until now the farmer
has lost all heart, and il desperation will
cease to strive to meet his obligations and
beein-if he has not already begun-to de-
fraud the merchant.
REPORT OF A-TouE ACRES