The Atlanta constitution., 1901-12-16
GEO. TRUITT DISCUSSES
THE COTTON OUTLOOK

Editor Constitution: The recent rise in
the cotton market. consequent upon the
government report Of s.esI.OoO bales. is in
deed gratifying. but it is very much like
the falling showers after the flowers are
faded and dead II the recent report OF
the government b. true. and there is no
doubt in my judgment that IL approx
mates the truth. there Is an actual
shortage I'm the present years yield.
compared with that Of last year. OF about
three-quarters OF million bales
one great trouble about the people who
figure and estimate the cotton crop from
year to year Is that they are the Great
ures Of the great cotton combine. and
color their reports 50 as TO promote the
interests OF their cruel ana exacting mas
tiers. Not 50 with the government: she
can lffOrs 10 b. just TO her subjects. ami
il is the purcst bOsl to say that ner
facilities for obtaining data upon which
to base estimates Is not equal 10 those Of
the great cotton kings. both Ct this coun-
Irv and the Orient
Another trouble about the estimates OF
men who are employed To mal1. shem =
their almost utter ignorance concerning
III. production of the ncecy staple from
the time tsle seeds are put in the ground
until il Is nsllrd ana rc2dy @or market.
many n them bciEg unable 10 tell when
il iirst appears whether the bloom is
white Sr red
sad thl. the recent rise came too
latc. i mean by this THAI the bulk of the
crop had passed out Of the hands Of the
hari-hau.ci men who's sweat and to.I
Ind produced it, OF course. large plant
srs VINO were able 10 hold. and did hold
their cotton. have re1p-d SOME benefits;
bat the spectators and warehouse. nn..s
who. by false estimates aud the employ
us.rt II unrishteous methods Ia bear the
market. have tIchcd from THE small
farmer "A handsome profit. which ought
a. have gone to him TO enable him 10
better care for his family and make an
other crop one Of the false predictions
cl the numerous agents of the very
--L-U" large cotton exporters promdls at
=. the ridiculous report that large top
crop was assured
Allow me u say here and now. Tor the
future guidance 81 the farmers ~ the
cotton producing section of our country,
that there never have. ana / feel sure
never will be. two distinct cotton crops
grown and maturei upon The same stalk
IN a semi-tropical climate in one year.
There may have been "A few "top-crop'
prophets who honestly believed what they
r-ophesied. but the great majori; 3.
of them were plant tools in the
hands "f exporters who had Sold
the cr"u Tor less Ilun its real yaile. and
cir Sole object was 10 defer deliveries
ard hold the spinner out of the market
l1-ssil the farmers We're compelled 10 :c.l
At slcrificial pric,s.
AEr. = T. Wilson. II Texas. 50 fully ex-
press nay views along this liue that /
here copy "A part of a recent letter writ
ten by shat gentleman lie says
--Tnc same people who made millions
b. misreprcseutatious TWO years ago are
1esortinE a. the same methods now Nlih
& lsla xlnum crop ~ lG.s-.v1 bales Amcr.-
can ami a minimum demand of u."1.e3
haiss We confidently expect TO see the
cotton spinners So up against a hard
Y-oposstiun when tine crop shall have
been brought ia hy tue large cotton con-
Germs ID viii b. q repetition II Two Years
azn. when II cluts e pound yFas paid ror
gulf cotton IN tAc Liverpool market by
.Riaurhs ster spinuefs. when cotton had
been promised them az cents "a poun1
landed That t-.giu.eN bale Crsp fell down
r. Sss1.asu hlIes-sla 40 bales of the lNss
.srru having hrtu old cotton brought "ut
h. fl-h prices The Ereat mistake made
~ t.. liverpool exchange ia ie..-l-.N.
rversstsuatiuE thc crop sl''"H Bales.
Trovrs th.. unreliabiiity of that insti'u-
rlur- Fu the gr,slt contest for comin-reial
sf--,r. ris,-y fu rEr expanding textile mar
l..s oT the Far East entering thr'usa
tho Omen door of tfe orient. the cotter
F-5a1e-s IL the south viii win the rafe
Selecting ths best -r8de u cotton Ia tine
s1-lv rart 90 the season they W4t pro-
C.c. tnr best s,nf,is European spinners
n adnrsi-E e hand tu- mouth policy must
- ~.c.s-ity spin The iow grade cotton
.ud produce shodIy goods. thereby forfeit
fr= r. s.-tabished trllt wlsh the most
r-r--.o,rr regions II trc earth
Prom Information which has come -
III from various sources the outlook for
ffr f..ure is. indoe.. gloomy The scar
s.-v ~ corn. the demcraii-,d state ~ Ia
t,- aud the average low price u cotton