The Brandon news. (Brandon, Miss.) 1892-1961, 1904-12-22

gins sold. Feeman sold. Mitchell
sold. Wendman sold.''
''The money power is opposed to
high price cotton, that is all there is
to It," said one broker.
'TheIe are a whole lot of little
storekeepers in the south who will
have to let go of the cotton they hold
this month"
''Bears still claim there is big
surplus OF cotton, and ask what is
going to be done with it"
''The bears are organized for a long
campaign
''If there is nything in an almost
unanimous tip, the crowd around the
ring says that the market is due for
another big slump''
When you read these items you will
probably say this is not right-it is
great outrage, and so it is. It is an
outrageous system" but it will
flourish so long as we live under the
present form of government. You
cannot prevent the System" from
doing business, but you can compel
them to fix higher price on your
cotton, and tho lesson afforded by the
past two seasons teaches us how to do
it. In 1902 the crop was not sufficient
to meet the demands of the spinners,
and W. P. Brown and Frank Hayne,
of New Orleans, boldly bought the
small surplus of spot cotton in addi-
tion they bought many thousand bales
for future delivery from the bears.
They demanded the cotton which the
bears had sold them. We all know
the result. the bears could not deliver
the cotton they had sold, and they
had to settle with Brown and Hayne
at their own figures-the price being
about 13 cents. In 1908, last season,
the crop was only ten million of bales
NOT enough to meet the demands Of
the spinners, and the bears sold as
usual and they were severely punished,
the price going to II cents. This
shows us plainly that with no surplus
to sell against, the bear must turn
bull, or get out of business, and that
is why I advise burning the surplus.
It is all nonsense to talk about
holding or storing your cotton to
put the price up, for as long as
the bears know that 1t is in existence,
they will boldly sell against it, The
moment, however, you destroy the
surplus, you deprive him of his base
of operations. There is no other way
to put the price, back to where it is
profitable to grow cotton, and that is
the condition we must have. More
over, if you do not destroy this sur
plus cotton, we can expect to see the
price for our next crop fixed at 6
cents, or probably lower. Every in
telligent farmer knows that it is i'm.
possible to grow cotton and make a
profit at cents. Labor, mules and
in fact everything needed to grow
cotton is much higher now than a
few years ago; therefore, in order
that we secure fair profit we should
have not less than 10 cents for our
cotton.
If we will burn a part Of what we
now have on hand, we will certainly
get higher price for what is left.
For instance, anyone having ten
bales worth $3.50 at cents, will not
lose any money by burning three
bales, if he gets 10 cents or more
for the seven bales left.
Every farmer / have spoken to has
said he would burn a part Of what he
has, and in order that we get together
and act quickly, suggest that every
man, interested who will burn part
OF his cotton, send his name, giving
amount he is willing to burn, to his
county newspaper for publication, also
send this information to me, and
/ will see that the lists are carefully
compiled, and that you are notified
havr, vsannt. n~%A~.. $nc I'LL s-.,.