The Marlboro democrat. [volume] (Bennettsville, S.C.) 1882-1908, 1904-11-11
COTTON oRop SLOWLY,
Appeal from s outhera Cotton Grow
ers Protective aeeo citation.


At the annual session OF the SoutSi-
ern Cotton Growers, Protective asso.
t.istion, held at the worlds fair
grounds in ST. Louis, Sept. %. 1904,
where several hundred progressive
cotton planters were present, repre-
senting every cotton growing Statesin
the south, the following resolution.
was introduced and unanimously
passed:
Resolved by the Southern Cotton
Growers association in convention at,
st. Louis, Mo, Sept. 26, 1904, That
we urge as fully as it is in our power
to do so that every cotton producer in
the south place minimum price of
10 cents per pound on all cotton to be
hereafter marketed this season: that
no cotton OF miGdling grade be offered
for sale IL the market at any time,
due to the tluctuating influecc,s Of
speculation, fall below the price of 10
cents per pound; that each and every
producer Is urged to. market his crop
as slowly as possible, believing that II
the crop is, marketed slowly through
the months Of October and November
the price Of Gotten can be maintained
at - cents per pound, its true value
at the present. time, during the bal
ance of the season.
Your committee further recom
mendS that this association ipsis,
upon the better handling OF cotton to
the end that our cotton when pre- pa rcd
for market may be placed in more ac
ceptable, merchantable condition.
thereby eliminating as far as possible,
many OF the abuses to which the sta
pie Is now subjected"
Up to the present time the cotton
producers from North Carolina to thl.
Brazos river, Tex, have general,
stood firm by holding a part OF their
cotton aud refus; ng to throw it upon
the market at prices under 10 cents
per pound. With the most deter
mined Efforts on the part of the bear
spectators and other combinations
formed to depreSs prices the market
has only been forced down so points
below our minimum Price, during the
month In which most of the farmer
obligations fall due, and an uaprece
dented season for gathering and glnn-
ing the crop. The ginnerS' report is.
sued Oct. 10Th indicated that 4 little
more than 5 100000 bales of the pres
ent crop bad been glnncd, while SEC
rctary Testers report for the same
time indicated that only about 2, 900,
600 bales had been marketed, showing
that ore than go per ceht. OF the
crop was being held in the hands Of
the Producers. II only 5000, 900 an
a quarter bales had been ginned up.t
Get. Is, IL must De clear to every
farmer that the high estimates placed
upon this crop by the bear element OF
spectators Will never materia;Za
They are using the same devices
adopted last year to elk the nerve
OF the producers. Note their figures
RI last year compared with the facts:
MIR. Theodore Price, on Sept. 2S, 1908
Issued circular estimating the crop
for 1908 to be | l, l,144,S55 bales A. j.
Buston, the palace car Statician OF
Liverpool, Eng, on Oct 2o, 1903, fly
| ured the crop at ll,25O,OO0 bales.
Neil Bros. OF England estim ated tn.
crop. on Nov. 24, 1903 at III, 900, 600
bales, and IL. Q. Gorst OF Liverpool
on the same date Issued an e;tima' e
liking the yield at IL 43O 900 bales
Now let us look at the estimates OF
disinterested parties: Tue United
States department. OF agriculture, on
Dec 3, 1903, issued its estimate fix.
ing the yield at 9,9G2 O39 bales. The
Southern States CT rmmiSSiOrer of agri.
culture in convention at Montgomery,
Ala, Oct 8. 1905, estimated the crop
at 10,47l, 600 bales. Nov let us see
/ what was the actual crop. We find
tlat the actual c(m percial crop Of
1908 04 amounted to lO.0l1, 374 blles.
Note the compariS II Of bear estimate
and government estimates. The
United States epartmsnt of Hgcicul
ture vas under the actual figures only
10000 bales. The com mmissonerS OF
agricu ture overeStimated the crop
AGO, 600 bales, while Mr.. Theodore
Price missed it 1874 900 bales. and
the rest OF the bear clement al the
way f.om Il million to 4 million and a
half bales. Mr.. Price is pursuing the
same course this season apd calling
upon the farm erS everywhere to dump
tueir cotton on the market so as to
depreSs prices and let MIR. Bear
Price coin his millions at the expense
Of hundreds OF thousands Of producers
in the south!
The recent estimate or the south
ern commissioners OF agriculture III
convention at Baton II que, La, o;
tober 22nd figured the crop for this
season at 10 III 900 bales. Mr.. Theo-
dorc' Price and other bear speculators
figure the crop at $4,000, GOO bales.
The commissioners Of agriculture
overestimated the crop 100000 bales
las! year, and the indications are that
their present estimate is not so far.
wrong. Even IL the crop should reach
1000, 600 bales the world wants
every bale Of it and the Splnners are
better able to pay high prices this
season than last, because yarns have
advanced 3 cents per pound this sea.
son and heavy demand for cotton
goods exists.
therefore call upon the producers
lthf0us hout the south to stand firm
and refuse to sell their cotton at pres
ent prices. Heavy receipts dspress
the market. The spectators have
sold millions Of bales for future de.
livery and they want to buy that cot
ton for less money than the staple is
actually worth. The producers should