The Caucasian. (Clinton, N.C.) 188?-1913, 1895-10-10
COTTON GOING UP.

Cotton is "going up" The "yahoo"
goldbugs are yelling with glee.
what did we tell you'" they
screech. Didn't we tell you that
supply and demand regulated this
business 2" .... .. ...
didn't we tell you you made too
much cotton last yeari"
The "old he" goldbug journalist
of this State, with UNNECESSARILY
pious self-abnegation-with an in
calculsbly vast amount OF patron
izing piety-says he is sorry for his
free silver friends because the fact
that cotton is going up knocks the
spots out of their arguments.
Oo-o-o oh! Wa-a-a-ah! Um-m-m-
phm y! See how we groan and
writhe in agony 1T seeing the foun-
dation of our arguments" knocked
from under us. And he is so sorry!
80 SORRY ...
..
The United States cotton crop last
year was over nine million bales,
and much Of it sold for less than five
cents. This year it appears the crop
will approximate seven million bales.
and it is no~ bringing over eight
cents. "Don't you see we are
right" they yell. ave told you the
law Of supply and demand fixed the
price. Now you see it, don't youG"
Do not these fellows know-but the
very thought Of goldbug's KNOW
ING anything is measureless alb
surdity. No, we won't say that ex-
actly. We will be less severe, and
say that the very idea of making a
goldbug admit he knows anything
along certain lines is an absurdity.
We have vsinly tried to get them
into non-personal controversy on
the free silver or money issue. We
have even left open little gaps in our
presentations with hope that some
of them would step in and let us pen
them up. We wanted to see them
get out Of such a controversy with
out "breaking" out. But they know
better than to try that. They are as
shy of a controversy, or Of anything
that looks like an argument, as the
old watch crow Is of a gun. They
won't be caught within range of one
if they can help it. If they should be,
they are just as sure to be knocked
galley west" by the argument as
the crow is to be knocked over BY
the gun, if the gunner gets within
range. ...t... s.. .r d.
Since we can only get in sight Of
them, we wish to put down some
thing for them to peck at and tug at,
and see what kind of antics they
will cut up over it. Here it is: aeon.
Cotton is produced by the efforts
of men. Money is produced by the
efforts of men. Money is as much
subject to the law of supply and de-
mand rs is cotton, or anything else.
If the supply of money is scarce, it
will require mere work or produce
to get it than would be the case if it
were plentiful. The supply of money
can be ALTOGETHER REGULATED by
man. The supply Of cotton CANNOT
be altogether regulated by man.
Conditions which cannot be com
batted by man affect the supply of
the production of labor more or less
every year. 1t is altogher IMPROB-
ABLE that conditions can arise which
can prevent man from regulating
the supply Of money. Therefore
when the earth responds Law
ishly to the efforts of men to pro-
duce from it, the necessaries Of life,
men ought to see that there Is
money enough to measure these pro
auctions at . stable value, and To-
facilitate their exchange. Until this
is done, there will be no sense of hu-
manity or justice in our financial