The herald and news. [volume] (Newberry S.C.) 1903-1937, 1904-12-09
MEETING OF FARMERS.
Representative Gathering in Columbia
Last Night-Purely Busi-
ness Meeting.


in Columbia last night. 1t was stated
bv the committee that the meeting
would be strictly business one and
that nothing in the line OF politics
would be discussed.
The committee having charge Of
the call for the meeting consisted OF
the following: B. 0. Harris, Ander-
son; w. D. Evans, Chesterfield: H.
A. Richardson. Barnwell; P. L. Har-
din, Chester; R. A. Sublett, Claren-
don; w. C. Brand, Colleton; 7. H.
Rainesford, Edgeheld; J. W. H. King,
Florence; John Cantey, Kershaw; J.
H. Wharton, Laurens; F. D. Smith,
Lee. J. Vile. Lancaster, H. R. Gallo
way. Marion; B. NJ. Pegues, Marlbo-
70; B. U. Keller, Orangeburg; J. c.
Stribllng, Pickens; F. H. Weston,
Richland; D. w. Dabbs, Sumter; w.
H. Stewart, York; J. NJ. Edwards,
Spartanburg, and W. H. Irwin, Green
Vile
The Address.
In their address these gentlemen
stated:
eve desire to state most emphatl-
cally that this is business organlza-
ton pure and simple, that there IS
nothing secret or hidden in reference
to its business; it's sole and single OBJ
iect is to secure for cotton growers
such uniform prices as will properly
compensate them for the labor and
capital invested Realizing that cot
ton is the currency of the south and
that her industrial welfare is depend
ent upon the price of it, we therefore
invite the aid of every cotton pro-
ducer, and all business and profes-
sional men in the state.
1--WE further recognize the fact,
that the cotton manufacturers are de-
sirous of maintaining stable price
for cotton, and we believe that this
organization will promote the inter-
ests of the cotton manufacturers OF
the south. This is an age of combl-
nation and organization; other agrl-
cultural organizations have been also
to fix and maintain stable price for
the commodities to the mutual bene-
fit OF producer and consumer and
have successfully eliminated the de-
moralizing influence of the violent
fluctuations consequent upon reckless
speculation, which has proved as dis
astrous to the manufacturers as it is
to the producer.
1--WE declare it to be a necessity
for the welfare of the cotton growers
of the south to organize for the pur-
pose of protecting the raw material.
We wish to impress upon the cotton
growers the fact that they put upon
the market within 90 days the bulk
of their crop and desire the CONNER
cial world to take it at its full value;
to take the risk of storing, the ex-
pense of insuring, the loss Of interest
for nine months without compensa-
ton to the purchaser, whereas COM
mon sense would teach them that in
order to realize the highest price they
must carry these risks themselves and
place upon the market their cotton
as the trade requires it; in other
words. instead of selling their COT
ton from September to December, we
protest that it is common sense and
business to perfect plan by which
we may sell it from September to
September. To this unfortunate GUS
tom of dumping Our cotton on the
market in so short time regardless
of demand or price is largely due the
unremunerative prices to the produc-
err
what is the remedy? Millions Of
dollars are waiting profitable invest
ment in good securities. The world
knows and conceives that there is no
better security than cotton. Hence
plan by which the cotton can be re-
tanned in the hands of the producer
and used as a collateral upon which