The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1899-08-09
Mr.. 7. j. t.ady. Of Atlanta. sends
the ./onrum the following unique will.
WIII OIL, II i EAIN


n. memory | know my mind is sound
for have lately had it cxamitcd) | :.
T. j. F.ady. will aud bc4ucath to the
ter. cotton States over one hundred
n...ion dollars each year for the next
twenty years out Of the good reserve
cf the English government, and |
appoint the ten governors Of aid
states as executors and administra
tors to execute and carry out AZ here
matter set forth for the benefit Of the
said States and the people thereof for
school purposes, etc.
First, let each Of the ten governors
Of these States appoint three commits
sioncrs to represent them, and these
thirty commissioner meet and formu-
late this plan which will maxi all the
people happy. Let each State pay the
farmer seven cents per pound Tor all
the middling cotton raised. Let each
State ~cll this cotton at nine cents per
pound and by this arrangement they
mab +" ten dollars per bale profit. Now,
SUPPOSE they make ten million bales
and they cannot sell over nine million
bales, then there is ~ per cent to be
destroyed Suppose Georgia raises
Que million bales and she is called on
to destroy ten per cent; she would
burn up one hundred thousand bales
which would cost her three and u half
million dollars. While on her million
bales she would have made ten dollars
per bale or ten million dollars, so she
would still have left over six million
dollars profit to run her schools and
State government. By this arrange
mcnt the whole business is In the
hands Of thirty commissioners, and
the other twcnty-seven commissioners
will see that Georgia destroys her
part. So everybody would be benc
fted, for the farmer Knows he will get
seven cents and is happy. The mcr
chant, banker and manufacturer will
be pleased, for it takes the speculation
out Of their business The factory
knows years ahead what his cotton is
going to cost aud can make contracts
ahead for his goods, farmers credit
will be better for the merchant and
banker will know what he is going to
get for his cotton. This is the only
way the matter can be handled, for
thirty men can regulate the price while
millions Of farmers cannot do so.
Second, will give my executors
and administrators few pointers and
suggestions and they can furnish the
rest. Some one might ask how do we
know we could get nine cents? Eng
land has cried for our cotton at $1.00
per pound. Why net want It nov for
ten cents. England can 60 cut Of the
cotton market two weeks in November,
and by doing so can take off FIVE dol
lars per bale or $50, 900. 900 off the
cotton crop as it is now. Now Eng
land names the price and takes the
cotton; the other way the States name
the price and England takes the cot
ton. But some one might say trustl
We DO not trust them, but England's
gold would come after this cotton, and
shc would have to send more than one
hundred million dollars Of it to this
country than she did last year for the
same amount Of cotton.
"You ask, nov can We pay for this
cotton? All cotton delivered to the
State or their agents before January
lst pay them seven cents per pound,
between January and May, seven and
onc-quarter and after May seven and
onc-half cents. The States would sell
the same way, so all this cotton would
not be put on the market ut once, and
factories would suit their wants in
buying. Each State would issue cot.
ton certificates to pay for this cotton
in FIVE, ten and twenty dollar certifi-
Gates and the banks, merchants and
farmers would help carry it. Certi-
fcates would pass and be as good as
gold, for the States would have cotton
behind each one Of them that call for
England's gold and at our price. BY
this arrangement they say farmers
would make too much cotton. Put o
special tax on all corn bought by the
farmer of--say, twenty-five cents per
bushel, like on his mules, so if he
bought three hundred bushels Of corn
he paid $500 taxes to the State,
which would pay for buring up two
bales Of his cotton. You say it would
cost money to handle this business.
Georgia would get difference between
five cents and nine cents on one mil
lion bales, which would be $40, 0,000,-
600 more to come into the. State and
n