New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1905-09-23
HOLD THE COTTON
OFFICERS OF TEXAS FARMERS
UNION ISSUE LETTER.
FLATTERINC PROMISES MADE.
Concert of Action Is Necessary for the
Protection of the Cotton
interests.

To the Cotton Growers of the Farm
ers' Union: We wish to briefly give
you the action of your executive COM
mittee in regard to handling the cot
ton crop.
After fully considering the cotton
situation from every standpoint, your
state officers and executive commit
tee agreed that lie minimum is a
fair price for cotton, below which it
should not be sold by any one able to
hold it, and we have made arrange
ments to help you hold and carry it.
This reasonable price of lie has been
accepted by the unions of Georgia,
Louisiana, Alabama, Arkansas, North
Carolina and Oklahoma and by the
Southern Cotton Growers Association
at their Asheville meeting, and we
by each other, and we must not fail.
Concert of action will bring you
ask it and hold for it. We know the
crop is going to be 6. small one; that
trade conditions are better than ever
known and that goods are high. Wool
has advanced more than 100 per cent
in the last three years; and the
wooden goods market is no better
than the cotton goods market.
Those of us that you have elected
to look after your business interests
have bestowed much time and thought
in making arrangements to carry out
the plans We recommend. A selling
agency has been provided, and for al
most the first time in our history we
are having some say as to the price
at which we will sell our cotton. This
agency has outlet direct to spinners
and expect that a good deal of your
cotton will be sold without the help
of two or three or a dozen interme-
diaries. A member of this agency is
now on his way to Europe, after hav-
ing visited the principal spinning dis
tricts of New England.
ALI our plans are intended to guard
your interests. Your cotton will not
be sold until you say so, and the
price, after deducting the charges Of
our selling agents, must be equal to
or greater than can be obtained in
your local market.
We have made arrangements to
help those who are willing to hold
and are compelled to borrow some
money against their cotton. Details
about these will be sent you next
week.
We don't recommend you to store
and insure any cotton except what
you wish to hold for some future
months. We don't recommend borrow
ing any money at all unless absolute
ly necessary, but borrowing money at
per cent is more businesslike than
selling at a sacrifice and storage and
insurance are much cheaper than
county damage.
Do all your business through agents.
Never sell on a falling market. Pro-
teet your eetten against damage, work
tremendously together, and millions
of dollars will come into your homes
from Europe which you will never see
II you follow the old rut We won
the praise of the South last year. Let
us not lose our prestige and our great
advantage this year.
Work for reputation, SO that the
bales of the Farmers Union shall be
known throughout the world for good
grades, best ginning, fair weights and
freedom from mixes and false packs.
Show this to your neighbors who
are not members of the union, and
ask for their cooperation in the good
cause.
F. w. Davis, Chairman Elk. Com.
E. A. Calvin. President State Union.
B. F. Chapman, Sec-Treas. State
Union.
John vt. Garner, State Business
Agent