The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1904-08-17

Baltimore, July 21.-The Mapufac.
turers' Record, Of this city, has come
into possession OF full report Of the
Cotton Planters Conventional ir Talla.
hassee, Fla, in 1861, which SO COM
pletely typifes in almost every detail
the conditions prevailing in the cot.
ton trade OF the world ct present. chat
it gives in ahis weeks iasue synop.
sis Of tho leading features OF the half.
cen:ury.old report. In view OF the
widespread interest throughout
the South in the development of
the cotton warehouse system, and
which it has been supposed was ON
the broad lines now advocated, a new
idea based fundamentally on the came
system which prevails'in the hand.
ling of grain in the West through ele.
vators, it is OF interest TO know that
the plan was suggested in the Talla-
hassee Convention and unanimously
favored. A report made to that Con-
vention by a committee Of planters,
after an argument covering the cotton
condition Of che world, suggested that
the difficulties under which cotton
growere labored could only be RENE
died by the organization Of company
to be chartered "by the States Of
South Carolina, Georgia. Alabama,
Louisiana and Florida, with capital
Of at least 500, 1000, 600, to be increased
in amount as the wants Of business
might require. The association
should erect or purchase extensive
warehouses at Charleston, Savannah,
Mobile, New Orleans, Appalachicola
and St. Marks, with o view to the
warehousing Of cotton. Then follows
an elaboration Of the value Of such a
warehouse system as Of vital import
ance to the interests Of the Gotten
trade, alike profitable to The grower
and the manufacturer. The commit
tee of planters, which made this elsb-
crate report suggesting the develop
ment OF . great ware house system
and pointing out with keen argument
it's value, covered in it's discussion
every phase Of the cotton industry Of
Europe and America. The report was
unanimously adopted, but in this case,
as in so many other broad nnder.sk-
ings projected by the Old South, but
delayed by the coming on Of the war,
it has been left to this day to see their
naturalization. It is an interesting
coincidence that the amount Of capi-
tai suggested by this report in 1851.
report which is quite certain has
never before been seen by any Of the
people who to-day are advocating the
establishment Of cotton warehouses--
is identicslly the same as the oapitali-
cation proposed for the company late
]y announced as being formed by
combination Of New York. Western
and Southern men to establish ware.
houses throughout the South.
HISTORY REpEATs ITSELF.
In this report are discussed many
Of the topics relating to cotton which
are so predominant in the cotton cir
Hles &c :he world to-day. 1t is point
ed out that the wide Auotuation in
prices has been injurious alike TO
planters and spinners. Attention is
called to the effort made by English
manufacturers to depress the price Of
cotton, and it is argued thatin che
long run efforts to "bear'' prices are
disastrous TO the spinners, as we'll ns
to the growers. A report made in
1850 TO the board Of trade before the
British Association Of Edinburgh,
dealing with production end consump-
ton Of cotton throughout the world,
is quoted as follows: ss.
"This increase has been ccncurrent
with and mainly caused BY acontinual
reduction IN the price of cotton. On
the other hand, the continual fall in
the price has acted 2as Q slim illus on
the American planters, who have
hitherto made up in general By the ex-
tens of their cultivation for the di-;
minished price Of their crops,
ssThus,ss sage che COMMITTEES Of the
Cotton Planters Convention J ...it 10
seen that inorsaasd supplies are great.
ly wanted, but their experience ii that
the surest means OF stimulating pro-
duetion; Is the United States is 70 .e..
dute the price. Z & ;||.F
British 51Su1,I1s'N IN AFRICA.
bearing on efforts which were then