The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1904-12-14
ANDERSON, S. G., WEDNESDAY, DECEMBER IA. 1904

tnreo cents per pOunQ since the nTSt
Of September and no reduction has
since the drop in the price of the raw
product. Nor is there likely to be any
considerable reduction in the price of
manufactured goods this year or next.
! Then why should tho South submit to
| Wall street gamblers and speculatorsY
! Several million bales OF this crop are
yet in the hands and control OF the
farmers, merchants and local bankers.
/ Tie only salvation of the South ut this
moD.ent is to stGnd steadfast together
ana to absolutely refuse to market II
rglc bale of cotton at present prices.
Sell no cotton voluntarily and permit
none to be sold by coercion OF intimi
dation.
If the spectators want to put down
the price on paper let them do 1t to-
their hearts content, but when the call
is made for spots, to fill their contracts
within the near future, demand the
full value of the staple, based upon II
minimum of 10 cents per pound for all
lniddling cotton in the interior. Wall
street gamblers are now telling the
public through the press that they will
teach Southern farmers lesson to re-
member and stop them from forever
undertaking to hold any part of anoth-
or crop again.
Will Southern farmers surrender
their manhood to the lash of Wall
street speculatore3
Letters are coming to me from farm
ers all over the South stating that they
will not sell any cotton now in their
possession at present prices and urging
Others propose to enter into an iron
Glade cement to hold all the cotton
they ! wv have until next September
and reduce their cotton acreage next
year % per cent. They urge me to is-
sue this call for volunteers on similar
agreement and undertake to absolutely
tie up from 100000 to 100000 bales
back to Legitimate figures.
We face serious condition and not
a theory. 1t may cost us hardships,
but the South has been through much
severer struggles and won out in their
fight for freedom and independence CO
from the yoke of foreign domina-
tion.
The Southern bankers and mer-
chants should, and believe will, cor
daily cooperate with the producers in
their present effort to put the price of
cotton back to it's legitimate value.
The whole South is aroused as never
before at the outrageous doings in
Wall street on the 3rd inst. The
farmers were led to believe last spring
that the manufacturers would use. Mt
good prices, all the cotton that could
be raised, and yet by the time half of
the crop is sold lot of gamblers get
together, headed by Theodore II .
Price, of New York, and force the price
down below the cost of production.
now call upon every producer who is
do 30, to attend the National Cotton
convention to be held at Shreveport,
La, Dec. II, 13, II and 18th inst, there
TO take definite action looking to the
holding OF the balance of this crop un-
til prices advance, aud consider plans
for reducing the cotton acreage next
year 80 as to prevent q surplus which
is is, now being used by the speculators to
harass,. embarrass and impoverish
again Southern cotton producers. We
had far better produce crop of 10,-
000, 600 bales and sell it at profit to
raise large cotton crops without for q
large crop and cell 1t below the coat of
production. We had better produce
less cotton and more supplies, thereby
Winning Independence IN agriculture,
than to go on buying supplies to raise
large cotton crops without profit, Civ
ing our labor and the products CT our
ee:i 10 few millionaires who live q
thousand miles from our doors. The
salvation of the South depends upon
every man VINO now has cotton in his
possession to do his full duty by refus-
ing to sell at present prices.
do not get discouraged or timid.
Store your cotton under cover or in
warehouses and there let it rest. The
world wants it and must have it soon.
No farmer should be afraid to retain
possession of a staple which is today
the most valuable agricultural product
In the world. Hold tight to your cot
ton until the Shreveport meeting on
plan will be adopted to force an ad-
vance in the present depressed price of
the staple.
The Southern press is respectfully
asked to publish the above.
Very truly,
Harvie Jordan,
Monticello, Ga,
President Southern Cotton Growers
Protective Aaanria fion