davidaulloa/AmericanStories huggingface dataset:
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15


CHICAGO. LII, Jan. l4-1he wheat
market d~asged through a duh, unevent-
iul session to-day, not permitting or very
Icmunerative trading owing 10 the re-
strictCd range OF prices and presenting
little in the way OF lacts and figures
that was new or unexpected. Brad
streets report came out at noon. II gave
a decrease OF 1,J69.VpD buslels IN The
worlds visible supply, where tiN W9uir
estimate had been tor 2.DJJ opO-bushel
ldlnng Off. OF course the market cascd
off when the announcement vas mace,
but IL quickly rallied on what appeared
10 be covering OF short stuff. me opening
trading was with some Tlnl-eSs nc
worlds shipments, as reported Yesterday,
-elng little larger th1n the "aT"cfec
amounts footed. May Whalt opened at
JJiSQJJlc.. sold between - Sc. and 3Stts
Jsisc., closing at oVkc., Jsc. higher ruaii
yesterday. Cash wheat was nOnina-iy
unchanged.
Corn Up until noon there was scarcely
a change IN corn prices, ana the trades
could be numbered without difficulty.
After that hour there was more activity
and nrmcr prices. the strength then dis
played 10y wheat having considerable in
uucr ce Tor good. May corn opened at
2sisu2Siac. ana 2e'sc., closing at the out
SIDE 4ec. higher than Yesterday. Cash
corn was quiet and lower, closing firm
with the futures.
Oats-rhe oats market was stagnant
through the morning, and only "A little
better in The afternoon. The railying ten
dency of wheat and corn suniced :,
strengthen the feeling I'm oats. recover
taking place. May oats closed i,Qs.c
higher than yesterday. Cash oats were
steady.
iovisions-Product emerged from the
session with distinct gain throughout
the list. The opening was strong and
higher. better prices TOR hogs having ex-
tended ala. The gram markets having
set in to decline shortly afterwards. Nro,
visions receGed in sympathy, rec6vefino,
later with them May pork closed lsc,
higher. May lard 81 nc. higher. NAV
ribs Ice. higher. Domestic and foreign
markets were quiet and firm.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15
MARINE INTELLIGENCE.
DEATHS.

SERGIANT.-Died at Lee Camp Sol
dicrs Home. January IA, 1876 veteran
ANDREW r.. SERGEANT, Company 3D.,
Twenty-third Regiment, Virginia lnian-
try. OF Louisa county Va aged sixty
two years.
Funeral from the ITO ne chapel TODAY
(N ednesday) at o'clock. lnterment at
Hollywood.
CONWAY.-Died. ar his residence. l4i2
WfsY Cary street, January b. 1871 ROB
ERT 3. CONWAY, in the thirty-ninth
Funeral from Pine-street BAPTIST church
WEDNESDAY AFTERNOON At 3
o'clock, January 10. 1896 Friends OF the
family are invited 10 attend.
GILL-Died. January /. IsyG. Mr.. JO-
SEPH y. GILL; aged siXty-one years.
The funeral took place MONDAY at 4
p. NJ. from Randolph-Street Bspiist
church.
lnterment IN Hollywood.
BUCKNER.-Died.a at the residence Of
his son-in-law, James VI. DiXson, 1919
north Iwenty-seyenth street, az . o'clock
j. NJ, January 49, 1896, ROBERT BUCK
NER. He leaves a wife and one daugh-
ter and six grandchildren TO mourn their
loss.
The funeral will take place from yena-
BILE Street Baptist church TO-DAY ~ Cd
nesday). the 18TH, at IL O'Clock. Friends
and acquaintance are invited 10 attend
Washington %. g.. Lynchburg. ana
North Carolina papers please copy.
MEREDITH.-Died at his residence, l19
west Jackson street. yesterday, at II 80
T. NJ. SAMUEL MEREDITH, I'm the
seveLty-eighth year Of his age.
Funeral Will take place from 81 Marx IS
r. T.. church TO-DAY "wednesday al
r. NJ.
ALLEN.-Died, January 18th, at her
residence No. ia north Seventh street
Richmond, Va, after a long and painful
illness, CATURA. j.. ALLEN. wife OF
Charles j. Allen. in the sixty-ninth year
OF her age.
Funeral VIII take place from me Sec
ond Baptist church TO-DAi (N 4dnes-
day., January 10th, at II NJ.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15

clety ladies' OF the cities, are I'm progress
and the event Is looked forward 10 with
the greatest interest.
Mr.. G. Conway Baker. who was so badly
burned while impersonating Santa Claus
at a Sunday-school celebration during the
holidays is out again.
The residence OF Mr.. Theodore Allen,
in Caroline county. was destroyed by fire
few days ago, together with most OF
it's contents.
Mr. Harry y. Lane has returned from
q visit TO his sister, Mrs. Rev A. \. JOINS
OF Rockville Nd,
Mr.. ST George r.. Fitzhugh has returned
from Kentucky, where he went on legal
business
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15
Illness of a Veteran.

FORK UNION. VA. Jan. H.-Mr.
Thomas c. Gait, veteran member of the
Goochland cavalry during the late war.
is lying at the point OF death at his home.
near Columbia, with a complication OF
diseases
Our people are rejoicing at well-filled
ice-houses. The apprehension Of a scar
city Of water In the ponds was relieved
by copious rains, followed by one OF the
most beautiful ice-getting spells ever
known here. Visions OF ice-cream al d
cooling drinks Will enable US 10 meet.
NfnT-
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15

The Plant Line Steamer Not Yet Named
Much Building Going ON.

NEWPORT NEWS. VA. Jan. H'-Spe-
cial.-The ship-yard to-day presents
better appearance than ever before since
il began operations.
Every department is busy. and IL looks
ike a veritabe beehive. The prepare
lions for launching the gunboat Helena
are being rapidly pushed. as is the work
on the Plant-Line steamer, which WIN
take her first bath on January 10Th, the
same time that the Helena VII De
launched.
Superintendent Smith said the other
day that the name Of the new Pant
vessel had been chosen, a. had the
young lady who is TO christen her' Dut
that Mr. Plant would not consent TO give
il out until the last moment
Building is unusually lively here now.
The large number % applications Tor
houses that have been made recently have
caused many people TO build now, who
did not intend TO DO so until late IN
the spring or early in the summer.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15
READ DOWN THE LINES,

u no, neglect cold
q Mess checked. IL may be dangerous
or this reason. take no risks
Ugh. your cold until 1t Is cured.
GU need to stir ND the torpid blood.
cit moving. quicken its circulation
ure whisksy is the thing to take
ndcr its stimulating influence
X s-action begins. you fsel better.
y nergy returns. the cold disappears
NJ edical men give this advice.
A nd they tell us hat Indigestion.
ong continued stomach troubles.
T AXE flight II treated in this way.
w hen you feel tie need OF q stimulsnt
II as,en to your grocer or druggist,
INSIST on having Dnffys pure malt whiskss
= ee that you get no other
X eep in mind "Duffy's is the only
ntirely pure. medicinal s,imulant.'
on can take nothing better /!
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15

G7isc.; January. 67m61hc.; March, ortg
Giizc.: May. GsnCSitc.: southern, Dy sam
pie, GS1@,c.. do on grades, es'4po'i4c.
Corn easy: mixed. spot and January
;e,s4fi3ic.: May. 34isc. bid: steamer mixed
3lhM3ll1c. southern. 32AH3Bl4c
Oats quiet and steady, No. white,
western. 2fll24i.c.. No. > mixed DO "a
2lc.
Rye frmer. No =, SOC near by, 4lq32c
western
hay strong at SIS asked
Grain freights dun.
Eggs quiet at 1Snl9c.
Coffee quiet at SAB.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15

SUFFOLK, VA. Jan. 4.-Special -
Charles w. jenkins, the defaulting teller
Of the Farmers Bank OF Nansemond,
plead guilty In the County Court, and
threw himself on the mercy of the Court
He was given two years IN the peniten-
tiaTy.
IL is thought that nolle prosequi will
bd entered IN the other two indict-
ments.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15
nm nOTrnN AlAp,rrs

LIVERPOOL. Jan. l9.-l2:3O T.. NJ
American midohne ! DIG sales, 500
bales American. 1900 bales. speculation
and export 80 bales: receipts. sT00D
bales. an American futures opened
steady. demand moderate. January and
February, Z 2s-Gl. sellers. February and
March zs-H March and April. I 27-Cl.
April and May 4 26-64 May and June
I 2S-6i. June and July. 1914. July ana
August, 4 2o-t4 August and September
4 24-G4: futures quiet.
~ M.-COtton~January 2S-gdsg
z'-6f: January hnd February. 1850
4 2s-6i. values February ana March
4 1854. settlers; March and April, 4 2B-Jt
buyers: April and May. 2i-04, sellors.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15
New Postmaster

The postmastership made vacant by
the resignation Of Mr.. David May, Jr.,
has been given TO Mr.. y. l.. Holt There
were three applicants for the place, but
as Mr.. Holt was recommended by the
late postmaster and had the signatures
OF both the County and District Demo-
cratic Executive Committees on his Pc
tition. OF course he was rightly appoint
ed Mr. Holt Is very promising young
man, and we have no doubt that he will
make an efficient postmaster.-Sussex
Ciazstte-Waverly
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15
CINcINNATT MARKET.

CINCINNATI. o.. Jan. l4.-Flour ac-
tive: winter patents, $jOH5.tO.
Wheat dull and unchanged.
corn Quiet and easy. No. = yellow,
track, sc. ., ,.,..
oats quiet and steady. NO. white
dc: No white, track, nc.
Pork active, firm, and unchanged
Lard FIRM steam ledl, >2.oil2 ~ ~ 'ue
lard. S5.SIlh: prime steam, sJ-3no.3J.
Bacon nrm: loose shoulders 50; short
rib sides. SjC2ia. snort clear sides $o.3'le'
boxed meats &c. more.
Dry sailed meats steady, loose shoul-
ders, S4.25. short ribs, S4oO' snort cieaIs'
~ G2ia: boxed meats l8c. more.
Whisky quiet and steady at Sl.ZZ
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15
Children E one

LURAY, VA, Jan. H.-Special The
fourteen-year-o daughter OF Mr.. Jacob
Runner. a prosperous farmer OF Page.
eloped last night with Ashby. the eigh-
teen-year-old son OF Mr.. George ".
Doiflemyer. a lumber dealer OF near this
place.
DR.. j. William Jones will give his lee
ture here on the Life OF Lee" next Men
dsy- hv invitation OF Lursy College.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15
ST. LOUIS.

ST LOUIS, NO. Jan. 14.-tlour UNI
changed.
~ neat higher. January, Doc; May,
J3i-c.. july, Jfic.
Corn higher, January, 2fsc., May,
24s.c. july. 2G,sc
Oats higher; January, 1Ic.. May, l9'sc.
Pork-Standard, new, $40 old, So.
Lard-Prime and steam, s5.2O' choice
500
Bacon-Shoulders, S5.3Ti1c.. longs, $3.50;
clear rios, SJ.62is. clear sides, 800.
Dry salted meats-Shoulders A.oV;
longs, S4Ij. clear ribs. Sisfl2 clear SIDES,
High wines steady on basis OF Sl.22.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15
con. HuBARD sENAroR FLooD.
Judge Moss Binds Them Both over to
Keep the Peace.

BUCKINGHAM c. H., Jan. H'-Special.
Colonel Il. 4. Hubbard and Hon. II. ID.
Flood were bound over to keep the peace
in the penalty Of 5000 by Judge John X.
Moss yesterday as soon as he opencn
court. upon warrant sworn Out ny
Captain John G. Turner.
Colonel HUBBARD admitted that he had
contemplated an attack on SIR. Flood
for the latter's remarks in the Senate.
but that he had abandoned the idea Tor
the present
Mr.. Flood stated that he had no inten-
ton or inaugurating a breach OF the
peace against Colonel Hubbard, that he
saw no occasion for him TO do so. and
that he simply intended 10 repel any at
tack that was made upon him.
he Judge decided TO require bond OF
both gentlemen, which was given without
trouble, as the friends of each volunteer
ed in unnecessarily large numbers
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15
GRAIN AND COTTON EXCHANGE.
1iChmona Va fan a I-tg

Quotations heat-I.Ongberry. n %
lic, mixed, I'D 20 4Sc., shOrtberry, 6S 10
ldc.. no. . req. ~ TO i3c.
Corn IS nilf Virginia .L,c. No
white. a31 to SIC. No , mixed. 33c
Oats-Ao. mixed. 20 to 23Hc. NO. .
mixed, - 90 &2i2c.i winter SEED, . 10 DC
Rye 10 CSC
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15
C,tI1cAco LIVE STOCK MARKET

UNION STOCK YARDS, ILL, Jan. IA
Cattlc-RecciDts 1860 head. common 10
extra steers. -. 45d2s5; stockers and
feeders, 81. 5O0375. COWS and bulls, Sl.t0p
$50: calves. S3.40G3Gj. Texans, $3.50
/ 10
Hogs-Receipts. u 900 head. market
firm and Sc. higher: heavy packers, S.G5
1855. lights, s3.6Oq3s2la; pigs, $3.50
80.
Sheep-Receipts, 1900 head market
steady: inferior TO choice, = 2303tO'
lambs 81 gsfT4eO
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15
BALTIMORE STOCK MARKET.

BALTIMORE. MD. Jan. l4.--Virginia
century 6Iif asked. Baltimore and Ohio.
4bt4f' Baltimore and Ohio nrsts. los
ked, Consolidated Gas stock. 57i505C.
do. bonds. Gs. 11Jia asked
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15

LONDON BAR SILVER MARKET

LONDON. JAM l4.-Consols. lO7 lilo FOR
both money and the account
Paris advices quote 3 per cent. rentc
lN't.. ~ confines for the account
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15

The friends OF Mrs. j. r. Elliott will
regret 10 learn that she has been serious
ly IN for several days at her residence,
o5f south Cherry street.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15
TOBACCO EXCHANGr.

KlchmOnd. va, Jan II, I6FO.
i~-fvate sales reported to the secretary
OF the Richmond Tobacco Trade to-day
were light.
The tobacco Inspector reports TO-DAY
Inspecrions- Bright. 81 hOgsheacs; Ozark,
r hogsheads Reinspectione-Brigh .
hOgshcads.
D. MYERS Farmers, Virginia. Neal +,
Davenports. Planters. Crenshaws Shoe
koe. Allegheny. and 5helbJrne's tobacco
warehouses report to-day: Receipts, none;
deliveries. ~ packages.
United States internal revenue collec-
tons on tohaccOs for the city or Rich
mond Va, to-day: Cigars and cigarettes,
S1.7i3.25: plug tobaccos, 81 $50. Total,
S}541.5J
There was a very good sale OF bright
loose tobaccos at Shelburne's warehouse
to-day. and another very good break VIII
be offered tomorrow. Wednesday, Janu-
arv L. lS,lG
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15

Cash quotations We're as follows. 9IO.F
was quiet and steady; No spring wheat.
G9sc. No. . red. 6ON06ytc: No. . corn
25.tm2Gc.. No. > oats, lThdlSc. mess
pork. so.3llxf95O: lard. s5.31H. short rib
sides. 81 Syn1GD; dry sailed shoulders,
4.S7i8; whisky, Sl.S.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15

BALTIMORE MARKET
BALTIMORE MD, Jan. 14.-flour dull
and unchanged.
Wheat very dull; No, red, spot. 67n
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15
Ribbons and NeckweaI

A shipment of the New Effects in
DRESDEN PERSIAN,
PLAID AND PLAIN.
Neck and Dress Ribbons now here to
pick from. Also. Lace Collars Bertnas,
and Fischus I'm the late new designs.
The times. [volume] (Richmond, Va.) 1890-1903, 1896-01-15
Ladies' Jackets at Half Price

The so ClOaks at 80.
The $40 Cloaks at $40
The sizes are from 81 10 20, and among
them are some of the most stylish gar
ments we've shown this season In tho
smooth and rough material Colors are
black navy. and brown.
The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1896-01-24

government to take 4, 500, 600
ounces of silver monthly,
there was no trouble in sus-
tanning, OF keepingin tact the
gold reserve. Not until the
floating of the millions of
silver currency, the conse-
quence of the BIand-Allison
and Sherman acts, did the
government experience any
inconvenience in keeping
the gold reserve at the $780,
100000 mark. The acts re-
ferred to are the only ones
that the BULLETIN has any
knowledge Of affecting the
currency since the act of
1873. It is therefore reason
able to suppose that we are
now experiencing the evil re-
suits of silver legislation in
the depletion of the gold re-
serve. Had it become neces-
sary to replenish the reserve
fund prior to the passage OF
the acts of 1873 and 1890, the
depletion of the reserve fund
now could not be chargeable
to them, but such was not the
case.
The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1896-01-24
Cure for Headache.

As a remedy for all forms of
Headache Electric Bitters has pro-
we'd to be the very best. 1t effects
a permanent cure and the most
dreaded habitual sick headaches
yield to its influence. We urge all
who are afflicted to procure bottle
and give this remedy fair trial. In
cases of habitual Constipation Elec-
trio Bitters cures by giving the
needed tone to the bowels, and few
cases long resist the use of this med
icine. Try it once. Fifty cents
and $l.O0 at Savage & Emerson's
drug store.
The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1896-01-24

CHICAGO has been selected
for the holding of the demo-
cratic convention for the pur-
pose of nominating a presi-
dent and vice president. July
the 9TH was agreed upon as
the date. The contest for
the selection of a place was
the longest and closest on
record. On the 29th ballot,
20 votes were cast for Chica-
60, "a for st. Louis and one
for Cincinnati. The selec-
tion of Chicago is said to be
a victory for the sound money
men.
The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1896-01-24
The St. Louis Globe4Democrat,
The Great -.....,s..s.,s....xs
National and Representative
Republican Newspaper.

REDUCED SUBSCRIPTION RATES BY MAIL POSTAGE PRE-
Daily and Sunday, Year, Six Months,
Saturday Edition. pages
Sunday S44 Edition 28 to 40 pages One Year, $500
eek Sections each Tuesday Fri
day. Is pages every One Year. 81 co. Six Months so
The GobeDnocrat universally conceded be the best of Amer
these
The pays prints any
paper United indispensable during coming
National Campaign and the low price places within the reach of
ALL
The GobeDemocrat sold by everywhere
the Daily and for the Sunday issues Delivered regular sub
Daily Sunday
local dealer handle
send subscription with direct publishers
Particular attention is called the Weekly Globe
sued semWeeky sections eight paeevey Tuesday and Friday
making practically large Weeklypape for only dollar
This fills the bill the who
time read daily paper
y posted 1t ealmOst the
Union All America is its Legitimate field No where live,
will find it invaluable newspaper and home journal
Sample copies free application
GLARE pRINTING On II L.-uis Mo
The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1896-01-24
THE communication

The communication OF
Hon. Josiah Patterson to
Capt. r. HI. Wood, which
appears in this issue of the
BULLETIN, is a very sensible
and conservative article.
Col. Patterson while a strong
adherent of the sound money
policy, does not believe the
financial question to be para
mount to the democratic par
ty. There are, besides the
financial question other vital
issues in which democracy is
interested, but if the party
permits the financial question
to become the rock to split it
in twain there will be no
hopes of a democratic victory
---either state or national. It
is evident that in this state
the republicans will be sure
to win if the democratic par
ty is divided. We can ac-
complish nothing without Or
ganization. The BULLETIN
is in favor of the state con-
vention leaving all national
issues to be settled by thena-
tiOnal convention, and when
decided it will be the duty of
every democrat to abide by
the decision, otherwise defeat
will be inevitable.
The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1896-01-24

EsSs { WILLIAMS, EiiIaI md Publishers,
The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1896-01-24

A number of free silverites
assembled in Washington
to organize a free silver par
ty. This is only the seven
teenth national silver party
organized within the last
twelve months. The motto
OF this party seems to be
eff at first you don't succeed,
try, try again.
The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1896-01-24

carpets, glassware, curtains, fuf,
niture-in fact everything that goes
into the household. Send for cata-
logue. When visiting the city
come to our store. We have read
ing rooms, parlor and lavatories for
the accommodation of the public.
There is room for all, and all are
welcome.
THE J. S. MENKEN CO.,
81, 373, 375, 377 and 379 Main ST
MEMPHIS, Tenn.
The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1896-01-24

The death of Bishop A.
G. Haygood was a great loss
and is deplored by other de-
nominations as we'll as that
which he had the honor to
represent. Death claimed
him in the zenith of his use
fulness.
The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1896-01-24

IT is a significant fact that
for more than half a century
before the passage of the
Bland-Allison act in 1878,
which compelled the govern
ment to purchase $24, 600, 600
of silver annually, and the
passage of the Sherman act
in 1890, which compelled the
The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1896-01-24

The birthday of Gen'l.
Robert E. Lee was generally
observed in Georgia on the
Doth instant. The life of that
illustrious general and soldier
closed many years ago, but
his memory is still dear and
his name is yet familiar in
southern homes.
The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1896-01-24
We Protect Our Patrons

n Orders are filled with
same care as if personally
present. We stand be-
hind our goods and our
! agreements. Every arti-
Gle is guaranteed to be as
5 represented. We have
: the larges establishment
Z in the South-equal to 30
3 stores under one roof.
We sell every garment
ready to wear for men,
women and children.
: Millinery, Shoes, Choth-
ing, Underwear, etc., al
s so the materials to make
S them, silk dress goods,
etc. Our house-furnish-
ing departments are I'M
surpassed for variety and
9 completeness, china ware,
The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1896-01-24

RECENT statistics show
that $40, 642 of the farms are
occupied by the colored race,
and 120,73S are owned by
such occupants.
The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1896-01-24
Decrease Your Acreage In
Cotton.

HE American OOGGOH Il TO=
tective Association convened
in Memphis last Tuesday.
About 800, mostly farmers,
were present. There is no
doubt that the farmers by
proper management have it
in their power to dictate pri-
ces, but to do so, it is neces-
sary for the supply not to ex-
coed the demand. On this
point the remarks of Hon.
Hector D. Lane are so clear
and convincing as to be wor-
thy of reproduction and are
herewith given as follows:
The world has to be clothed. The
consumption of cotton is nearly in
flexible. The production is flexible.
With these conclusions it resolves
itself into the deduction, GLOW
are we to destroy this annual sur
plus?" The only safe and practical
bic way is by judicious decrease of
acreage, say rs per cent. We would
then realize rs per cent. increase in
the price and still have five millions
acres of land to raise food crops up
on, which, if raised in sufficient
quantity on the farm instead of be-
ing purchased at long time prices
with cotton as its uncertain seeHfity,
will make another legitimate differ
ence in favor of the cotton grower
of % per cent.
There can be no palmer object
lessons portrayed than that of this
last season of the result of decreased
production. AS another lesson as
to the efficacy of the decrease of &C
reage as a stimulus to the increase
of price we will cite the history of
the cotton market in the year ls45.
The average price of cotton in that
year was $50. The production
was decreased the next year, by gen.
eral consent, about per cent, and
cotton values rose in consequence
thereof to 1871 in 1916.
The farmers of the South, recog-
nizing that they could not raise co
ton profitably, even at that price,
though having the benefit of slave
labor in their favor, again reduced
the acreage the next year, ls47, 10
per cent. Cotton values continued
to rise commensurately with the de-
crease of acreage, averaging that
year II.9I cents. A 10 per cent
reduction resulting in 90 per cent
rise in values, and this in the face
Of stagnation in England, due to
the great Irish famine in that year,
the rapid fall in sterling exchange,
in consequence of the shipments of
breadstuffs to the United King
dom. and the reduction of 10000
bales per week in the consumption
Of manufacturers.
The president clearly shows
that the advance in cotton
last year as compared with
that of the year before is due
70 the decrease in production
"a result at least due in part
% the efforts Of the Cotton
Growers Association. Mr..
Lane referred to the time,
fifty years ago, when a like
movement was inaugurated
~ the farmers to raise the
,rice of cotton, and from sta ;
istics showed the beneficial
fleets thataccrued therefrom. !
The same memorable law that {
attained then governs the :
rice of commodities now. Z
The farmers are masters of
he situation, hence can
ither raise orlower the price f
f cotton, as has been proven )
ime and again.