The Montgomery advertiser., 1904-11-14
ADDRESS TO
 THE PLANTERS Should Hold Cotton For l2 Gents. STAND SHOULD BE FIRM Spinners Must Eventually
 Pay the Price. U.prseeas.t Dema.d for Goods Exs.s.. aAd Stocks GeneraiIy are Lewer
 sAaa for the Lsss rweaty <
 Years.
STAND SHOULD BE FIRM

Macon, Ga. NoY. lS.---FIon. Harvfa Jordan of Monticello. Ga, Prerideut Of the Southern Cotton Growers Protec-I tive Association. has issued an address to the cotton producers of the South, in which he says. among other things:
 The producers are to be conrratu- lated for the firm stand they have al- ready taken to market the crop slowly. and that fact alone has prevented tha price. from falling to cents during the month of October. The crop is about gathered. debts generally are paid, and it is no longer absolutely necessary to sell the balance of the crop. The ginners report recently issued from tho United States Census Bureau indicated that up to October IS, only e.4o0.0eo bales of cotton had been ginned. This report clearly indicates that fhis crou will not exceed 11,000, 600 bales if it reaches that figure.
 The spinners can well afford to nay the producers 12 cents per pound for every bale of American short staple cotton made this season. and do prof. itable business for the stockholders.
 Price of Yarns Aavanced.
 The price of yarns had advanced 2 cents per pound within the last sixty days and an unprecedented demand for cotton goods exists. while stocks gen. orally are lower than they have been for the past twenty years.
 The duty of the producers Is plain and simple. They have crowded the markets for the past two months, con- gesting every facility for handling cot ton and playing into the hands of tho bear spectators and spinners. The thing to do now is to give the markets and shippers rest during the next sixty days and allow present stocks of spot cotton to be gotten out of the way. Let the spinners who are living from hand-to-mouth run short Of cotton and force them Into the markets as active buyers Let the bear spscuiakois begin to feel the lash of the bull opera tors when the latter call for the deiiv- cries of spot cotton which the former will be. unable to deliver.
 Let every holder of cotton absoe lutely stop selling and sit down at home and quietly contemplate results. Let each holder put no more cotton on the market until prices advance and nevee sell a bale on q depressed market
 Meetings shouId he Held.
 Let county meetings be held all over IAo pcAt anu AtA0 0CtAFc st@k'o O3 taken to defend this most valuable ag- ricultural product from the greed of the selfish purchaser. Let every man who stiIl holds bale of cotton In his possession join in these country or lo- cal meetings and agftate the import ance of this step among his neighbors to the end that success in the near fu- ture will be assured.
 ''We have held our own we'll so far. but we can do much better and easily advance the price from two to three cents by persistently refusing to sell and tightening up present receipts. We fixed our minimum at 10 cents for this season and maintained the price within half 6 cent of that figure through Oc- tober, the heaviest month. Now let the price be fixed at 12 cents for the re- mainder of the crop and the world will accept 1t at that price. which will mean an additional gain of nearly $50.000, ,0eo.
 "A determined stand will bring vic- tory"