Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1901-09-16

In according with a resolution al 1ne re-
cent meeting OF the State Farmers Ain
ance authorizing the appointment OF
COMMITTEES TO issue an address to the cot
ton farmers. ginners and others interested
IN procuring better prices for cotton seed.
this committee met Tuesday in the city OF
Raleigh and authorized the following let
ter:
HILLsBoRo. N. c.. Aug. 81. 1901. .
To the Cotton Farmers and Ginners OF
North Carolina: frE
COMMEMORATIVE letter Is issued for the
purpose Of awakening IN you an interest
in and appreciation OF the value OF the
cotton seed crop this coming season.
AS is we'll known the corn crop In the
corn growing states Is short; in fact. II
Is short in most sections Of the United
States. We all know that a short crop
means higher priced corn, which In turn
means higher priced hogs. cattle. etc, and
for their products. AS these products al
vance in price, substitutes. such as COM
pound land. oleomargarine. butterine. etc.
largely take their places. These substi-
tutes contain cotton seed oil. hence the
demand for that viii probably be greater
than ever before, consequently higher
prices. The cattle feeders OF the west will
have to substitute some other feed for
corn, and as cotton seed meal has proven
10 be better than corn for this purpose. It
stftute cotton seed meal for corn the COM
ing season. In consequences Of these de-
mands cotton seed meal and oil will both
bring higher prices than heretofore. This
being true cotton seed also should bring
higher prices than they have been selling
for.
within the past few months a syndicate
has been taking options on oil mills, and
now, Il is reported. they own more than
- - a. - h. Or its
equivalent In output. The American Cot
ton OH company, II is claimed, owns 40
per cent. so there are less than 10 per cent
in output, according 70 this calculation,
that are Independent mills.
From recent occurrences II is probable
that these two oil companies, controlling
over 80 per cent OF the cotton seed oil
products of tie south. may combine or
have an understanding as to the prices
10 be paid for cotton seed. The situation
is such that IN our opinion, the farmers
should take some action to protect them
selves and have some voice In naming
the price their own products viii sell for.
This can best be done by cooperation in
selling. which can be accomplished. The
cotton. seed crop OF North Carolina viii
probably be at a low estimate. 100000
bushels. or this crop 100000 bushels
viii probably be sold. Al by cooperation
OF the farmers the price can be advanced
10 cents on the bushel, ~ will give to the
cotton farmers OF the state 100000 more
for the crop than they otherwise would
get but concert of action viii be neces-
sary TO obtain the desired results. 1t is TO
be hoped that the farmers IN all the cot
ton growing states viii take similar ac-
tion To that end this letter VIII be
sent to every southern state, that success
may be assured.
We deem this OF enough Importance TO
suggest that the farmers meet In their
respective counties at the court house on
Saturday, September p, and select dele
gates 70 attend a state meeting TO be
held in the. city OF Raleigh, Wednesday,
September q. II IL Is deemed advisable
township meetings can be held earlier
than September a; each township or
neighborhood can determine this for
themselves.
The short corn crop and the high prices
consequent thereon have made this
golden opportunity for the cotton farm
ers. and II Is for them to say whether
they viii take advantage OF II or leave
all the profits arising from these condi-
tions to the cotton seed oil mills. You
may rest assured that they will not turn
them down. In justice to your own in
terests you should step forward and offer
to share these profits with the mill men.
This letter is addressed TO every cotton
farmer and ginner In the state. from the
least TO the largest. Let them all CO.
operate. Let no reasonable excuse keep
you away from the meetings.
T B. PARKER, s. B. A.