The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-10-21
The Waco Warehousinq
Scheme Endorsed.
A FINE ATTENDANCE
Many Interesting addresses Made by
Representative Cotton Growers
From All Parts OF the State.
Much Interest Shown in the
Discussion.

representative audience was pres
ent in the Senate chamber last night
TO attend the meeting of the North
Carolina Cotton Growers Convention.
Mr.. T. b. Parker, Secretary of the
State Farmers Alliance. first read a
letter to Commissioners S. L. Patter-
son from Mr.. NJ. A. j. McKinnon, OF
Laurinburg.
Mr.. Parker then in a few remarks as
to the purnose of the meeting. said
that no industry in the world received
so little consideration as the cotton
industry of the South; that less GOOD
judgment was exercised i'm the raising
and the handling of the cotton crop
than any other business in the world
1.-The South has a monopoly of the cot
ton industry" he declared. If the cot
ton growers of the South would come
together and control the situation, the
South would be the richest place in
the world. He said that the farmers
of the South wanted to take care of
the cotton mill men. He declared
that what the mill men needed was Il
steady price for cotton instead of "a
low price.
Mr. Parker then introduced the pre-
siding officer of the evening. Hon. T..
l.. Daughtridge. of Edgecombe county.
views OF Mi. Dau9lltrldgc.
Mr.. Daughtridge spoke of the rails
ing and selling of cotton. The cotton
crop must be handled intelligently;
that the farmers should inform them
selves as TO the demands for cotton,
the probable size of the crop. He
was very anxious to see the farmers
receive 10 cents for their cotton, but
he did not believe it would be wise
for this convention to set stipulated
price for cotton, unless coHcurred in
by all the cotton growing States of the
South. He said that spectators at
times controlled the price of cotton.
but that after time the law of sup
ply and demand regulated it. MIR.
Daughtridge thought it was more i'm
portant to regulate the acreage than
the price: that there was more money
for the farmers in a small crop than
in q large one. Edgecombe county
last year received about one million
dollars for its cotton crop: it spent
about $4,000 for team: 100000 for
meat; 100000 to $500 600 for fertili-
zers and labor to produce the crop.
There is not a county in the State that
cannot raise mules and horses. hay.
meat fertilizers. The farmers can see
the saving in these items.
Hon. j. p. Allison, of Concord, was
present, and delivered an address on
1.-The st. Louis Cotton Growers Con-
vention,' which was thoroughly enjoy
ed by the convention. He read the re-
port of the committee on the Waco
warehousing scheme, which was high
ly interesting to those present. He
fully agreed with the resolution adopt
ed at the st. Louis Convention tC hold
cotton for 10 cents.
Hon. j. ryan Grimes Speaks.
Hon. j. Bryan Grimes, Secretary Of
State, addressed the convention on
1.-The Future of the ottOn Crop and its
Value to the South Mr.. Grimes
BEGAN his address by quoting very in
tereSting cotton statistics. He then
spoke of cotton manufacturing, and
declared that the South was now a
successful competitor with the New
England States; that the mill men of
the Southern States were now in a
position to manufacture a better grade
of goods, and predicted that attention
would be directed in that direction.
Mr.. Grimes did not believe that the
South would ever have a successful
rival in the raising of cotton. He
thought that 10 cents per pound
good average for cotton, and predicted
that in a few years we would have a
15.00c 900 instead of 100000 bale
crop.
Col. Benehan Cameron was not pres
ent. The subject assigned him was
1.-THE Value of the Warehouse System
for Cotton
We Control, Says Mr.. Horne.
Hon. Ashley Horne, of Clayton. was
present and was called on for an
address. Mr.. Horne said he was a
large farmer and had had large exper-
fence. He said the farmers had been
tagging behind, had been slow to util
ize or to use new ideas since the war;
they have been regarded as slothful,