The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1903-08-05
COTTON SEED AT 20 CENTS CAN CRUSH
OUT BIG PROFITS.

The Wall street bulls after
wears OF feastlng on the pastures
of the agricultural masses, re-
ducing their lands to Sahara $,
and the farmers to SerfS, are now
like sailors on a drifting raft at
sea without food, ,devourlnS each
other. According TO Henry
ClewS the great financial author
itv. the recent BLACK Friday
in Wall street, when James l..
keene is said to have lost Sl2oo-
600, is but the beginning OF the
end of trusts. These institutions
have been mcrcileSSlE robblng
the people until their condition
is appallingly oppressive: much
more. Will result in q repetition
Of the French revolution when
the streets OF Paris were Grim
soned with the blood Of the op-
pressed. Thus far shalt thou
90. and 70 farther is beginning
to rumble in the ears OF the
trusts magnates. and they are
realizing the necessity OF heed
ing the ominous warning. hence,
they are turning upon each
other. and we look for practl-
cal demonstration of the saying.
,;when thieves fall out, honest
men get their dues" When the
Rochefeller's and MorganS turn
their attention to robblng the
keene's and Gould'S, they Will
begin to accuse each other: the
courts will Lbe called upon toapply
the lawcaynamite to the ill-hllcd
co.1.eSs. and there will be such a
Shaking up, that banks. mills.
churches and penitentlarles VIII
feel the trembling.
Our people do not realize that
Wall street is close to them.
There are comparatively none OF
the corporate combines that 90
not get in very close touch with
the great money center: the fin
anciers, a name given to them be-
cause they do not steal in small
sums are there. With their hands
on the throttle, like the engineer
in his cab running q locomotive:
they run the trusts which prey
upon a helpless people We
have trust in operation at our
doors. and our own peo-
pie are employed to entice
our farmers into its meshcS,
the concern has SO we'll protect
ed itself from competition that
its boldness is plain. Those own
ing stock in the cotton oil mills
resent the term trust when
applied to what is known as the
independent Cotton Oil compa-
ny, but if making threats to
crush out, and finally buying out
competition in order to control a
product in a territory is not a
trust then we have mistaken a
benefcient organization for 4
blood sucking Institution.
Think of a concern resenting
being designated a trust that has
secured control Of eight or ten
mills located so as to almost form
acircle, actually making competi-
ton impossible and then, by a
system of stock watering build
on paper one Of the largest con-
Germs in the State
To give our readers an idea
what these beneicient institu-
tions are doing to the people,
we know Of some stock that WIS
sold recently for 1.3o the owner
Of the stock originally invested
about $1,000 and drew out for
his share of the profits much
more than he originally paid
in, without reducing his original
investment. The profits OF the
oil mills have been cnormous-
out of all reason, and these
profits have been bled out Of the
people, because the combinations
have had things their own way:
not even any resistance from
their victims.
The people have submitted to
this eStortion like sheep submit
to the slaughter, and we think
it is time to call 4 halt. If the
farmers continue to permit this
condition they deserve all the
fleeing the trust can work on
them. It will be remembered
that a little scheme was manipu
lated last season whereby the
trust paid an advance price for
seed a short while. and then
charged for meal price based
on what it called the high
price Of seed" another scheme
of the trust has been to base the
price OF meal on the price
charged by the Southern Cotton
Oil mill at Columpia: if the
Columbia mill charged so (; ton
at Columbil. and the freight to
this point is s., then the local
mill charges the houle farmer
S24 at the mill door, which is
making the farmer pay - a ton
for freight not earned, and if the
local mill ships the meal to Colum
bla, It meets the'compctition. and
sells for go delivered 1T that
point, thereby selling TO the
stranger abroad the mead 1T 81
per ton cheaper than to the
farmer ut home. This is not
far: what good IS (; mil! in Il
community if the product there