Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1905-09-22
Aliseellansuus 8eadia9.
sPINNERs AND GROWERS.

|
sPINNERs AND GROWERS.
May Combine Interest Against the
Manipulators.
| The elimination Of the manipula-
tors from the cotton market Is a
dream cherished by the great Eng
lish cotton spinners, and successful.
at least to a great extent, in the
adjustment Of troubles with en-
ployes, says a London dispatch. They
are now turning their attention to the
discovery Of a method for preventing
a recurrence of the situation Of two
years ago, when. as a consequence Of
the price Of the staple being forced
up and kept at a high figure. a large
number Of factories in England had
to shut down. Thousands Of men
were thrown out of employment and
many manufacturers Of cotton goods
were ruined.
c. w. Macara Of Manchester. a
wealthy cotton goods manufacturer,
who is president Of the International
Federation of Master Cotton Spin
ners' association, is the prime mover
In the plan, which makes the gather
ing of statistics In regard to this
staple Of agriculture an undertaking
by the aid of which the market can
be regulated by the ordinary law Of
demand and supply. Macara has
been comforting with David Lubin Of
California, who was the originator Of
the idea for an agricultural confer
ence called by the king Of Italy last
spring.
There's a possibility that the cotton
manufacturers may join hands with
the cotton planters In an effort to
prevent the control Of the staple
resting in the hands Of the manipu-
lators.
An attempt Is being made to inter-
est the British government in the
plan, and 1t Is believed the movement
will have the sympathy Of King Ed
ward, who expressed himself recently
in a speech to parliament as in SYM
pathy with the objects of the con-
ference.
I'VE have had evidence In England
of the terrible effects Of gambling
in cotton" said Macara yesterday.
land the man who hasn't studied
the subject doesn't realize what an
important thing cotton Is. Reckon
ing the annual crop at 8 cents per
pound, its value is over $S00.000.000,
and taking into account what Is pro-
duced from cotton fabrics and such
the value Of the crop runs up to
$l,750, 900, 900. An increase Of one
cent in the price per pound of the
cotton crop Of the world means
500, O00. 900.
Through the action Of the manip-
ulators two years ago the price Of
raw product was raised from eight
cents to fourteen cents-that Is to
say. the cotton planter got the lower
price and the manufacturer had to
to pay the higher. That means that
the enormous sum Of $500.000.000
was taken out of cotton in the pro-
cess of going from the plantation to
the factory, sum which is far
greater than the whole capital. in
vested in cotton manufactures in
Great Britain.
1T Is nothing short Of a calamity
II the farmer or planter doesn't get
a profitable price for his crop, and
the man who is responsible is the
enemy, not only of him but to the
manufacturer, to the latter's en-
ployes. to the legislature. the middle
men, and lastly to the consumers Of
cotton goods. who are in the main
the poorest people in the world.
The International Federation of
Cotton Manufacturers. at the last
meeting, decided to take steps to as
certain exactly what was the con-
sumption Of cotton ending August
81, also the stock In hand at that
date. This Is important. but 1t
doesn't cover the ground. What we
need now is authentic information
regarding the supply Of raw material,
from the members Of our association
on the continent.
II have had representations that
we should appeal to the British gov
ernment to try to influence other
governments to make the gathering
of statistics in regard to crops an
International undertaking. and after
comforting with Mr.. Lubin find that
our object Is essentially the same as
that of the International Institute OF
Agriculture. This appears to me to
indicate that as the farmers and
manufacturers are working along the
same lines. a combination Of their
efforts might prove irresistible.
"Sir Thomas Elliott, secretary OF
the board of agriculture, who was
member of the recent conference
in Italy, has assured US Of his In
terest, and our hope and expectation
Is to rid the whole cotton Industry
Of the manipulation.
I'm our efforts we hope to secure
the hearty cooperation of President