The Montgomery advertiser., 1904-12-28
PRESIDENT ,zAavrE JORDAN.
Issues Letter te Helders of spet Cot

Issues Letter ts Holders of spet Cot
 Monticello, 0ay Dec. 24th. 1904.
 Sentiment is rapidly changing in favor of better market. The continued upon the present low markets. Is be- ginning to have its effect in the move ment. Port receipts are falling behind. No cotton Is moving at interior points by-rushing cotton from the congresses Where 1t was congssted before the heavy drop in prices before the Srd purchases in the Intsrior before the Government Bureau Statistics were issued. If the spot market in the in- terior is tied up for ninety days longer and the farmsrs ,sSs dstermtns nt to rsauss per cent, this fight will be whipped and the present hard efforts of the pro. dueers be%erowned with victory. All of sbs and sns ntas t Here are ~ some f of them. Buyers at many Interior points are offering far cotton w ~,tSou. Rss eirs inserest % and ssresing to pay warehouse charges for ninety days. If the farmers will give them con trol of their cotton. This is a mail buyers to get the cotton in their con trol. Every farmer who wants to pro tect himself and the South from the ruinous effects of this outrageous pro lions and steadfastiy continue in the GSa,e1s po9'e1s wifi soon be ou. of spot cotton and they cannot fill their contracts spot cotton which is now in the hands of the producers. Hold tight and don't give any quarter any where along the line.
 Mass Meeting Held.
 Mass meetings have been generally held throughout the South since the 18th. inst. and everywhere the same cheering news comes that the produ- ton. to reduce the acreage next year 25 per cent, and to curtail the use of commercial fertilizer. planting larger acreage in food supply crops. This is the keynote to the situation. Perma- nent relief cannot come without re- duction in acreage and heavy curtail- mept in production. The Bear" ele- ment in the East. does not believe that or manhood to hold cotton longer than two or three weeks and that a heavy break will come by tho middle of Jam uary.
 among our people. but carefully pre- pared statistics show that three fourths of all the deposits in Georgia banks belong to the credit of Georgia
 snS wh sns spSs of what hs Ats E true of Georgia is also true of the other cotton states. Farmers can get all the money needed from our banks on cotton in storage ,,i But I urge far. Economize. do without, suffer incon- veniences for few months in order to prove to the world that the South. prevent the eastern gambler from con- fiscating our property. Thousands of farmers can hold their cotton without financial help. Help one another in this day of temporary soMfb depression ts The and we must win or go down in ever lasting defeat It Is reported that the Eastern buyers are preparing to call in the South, so as to force, If possible. sudden contraction in currency, and to force local banks to force their cus- toners who have borrowed money on nnrGa marRet. F But S Wan Street % no longer holds the purse strings of the Southern banks. and can no longer dictate the policy of the South's financial busin ess. persisently the East is trying to con tinue it's dominion over the South. Show to them the true Southern Spirit, and that the farmers of the South have car we'd out at least their emancipation
 Listen to No Proposals.
 Listen to no proposals from buyers, except when they offer you ten cents spot cash for your cotton. and when prices advance sell slowly and at no time rush your cotton on the market. Those who are strongest in the South. should hold over two million bales of this crop and reduce the acreage for next year 50 per cent, rather than sac rifice their cotton at present prices, which are below the price of produc- tion. The nter-State Cotton Conven- tions which is called to meet at New Orleans, January 24, 25. 26-will devise ways and means for protecting the producers from the ravages of speculation hereafter. and also plan by which the acreage can positively be reduced for 1905. Every farmer who can, should attend this meeting. The round trip rate from all points East of the Mississippi will be only one fare and a third. will issue certifi- oates of appointment to all. who desire to go as regularly authorized dele gate from his state. The head officials of the Cotton Growers Association and other agricultural organizations in the different cotton states also have this authority. Sell no cotton for ninety days and the Bears" will be put out of business, the South will be redeemed, and King Cotton himself again. Yours very truly,
 Harvie ordon, President, Southern Cotton Growers Protective Association