The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1905-01-11
A Letter to Mr.. Huff.
OFFICE OF
THE VIRGINIA. CAROLINA CHEM.
ICAL COMPANY,

Richmond, Va, Jan. 9Th, 'O5.
To the Sales Division Managers,
Virginia Carolina Chemical Co.
Gentlem n:
The Treasurer of this company Is
having SO many requests to extend tie
notes of some Of our customers ard
patr rs who have not finished paying
their bi!lS, a ii who desire t, hold their
cot On, stating that they believe they
Will <, more for the cotton later on,
that this company has concluded to is.
sue a general letter on the subject as
follows:
Any farmer Or merchant who may be
owing your Division money and who
has cotton on which he desires to hold,
you are at liberty to extend his note for
HIM for six months from January first
with in;ero st at the rate of per cent.
per annum, prov ided he will deposit
sufficient Gotten to pay the note in any
reliable warehouse, and Will turn over
to you warehouse receipts ;or came.
You are authorized to pay the insur-
ance on said cotton, and make no charge
against Our customer for III item.
We do not pretend to offer advice 10
our customers to hold cotton but we do
intend TO cfer them every facility and
accommodation in our power to hold
Their cotton, if in their good Judgment
it is best Whatever inures to the ben
tf5 If the agricultural class Of ths
South ls TO our benefit; our inte est is
identical with THERE. We are more
closely and intimately connected with
the cotton grower OF the South than any
dozen other concerns combined; they
are our customers in the purchase of
fertilizers and we are their customers
in the purchase Of cotton seed. We
both sell and buy of them, and deal in
every cotton growing country I. ON
Texas to Virginia. Therefore anything
that will improve the agricultural
| conditions or help the fsrmpr, must
! necessarily benefit us and if holding
their cotton Viii be benefit to them,
it is our desire to aid them rs far as we
can.
Other farm products aside from cot
| ton, appear to us to be selling at very
| full values, and we believe it would be
wise in the farmers to sell any of their
other surplus farm products which
would mate tally aid them in holding
| their cotton.
| We are also Of the opinion that the
acreage List year devoted to cotton was
| too large ard that it never could have
| been cultivated in a normal season.
| The good weather during the spring en-.
aOled the tanners to cultivate every
acre they planttd; consequently the
tremendous big crop of this year. As
ordinarily it would beimpossible to cu,.
tiyate such an enormous acreage we
| believe it would be WISE in them this
| year to materially decrease the acre
| age. If l. was decreased ten per cent.
| IL would mean reduction of more than
a mi lion bales next year, even ii the
| crop yielded as much per acre rs 1T did
this year.
| 1t strikes us that what the farmer
wants is 10 make his cotton at the low
est possible cost; the proiitderived from
| growing cotton is not SO much the
price OF cotton rs the cost at which the
| crop has been grown. Mules and horse es
are high, much higher than few ye ars
ago; The price of farm labor is high and
scarce. Therefore every acre culti--
| waited means large expenditure. IT.
| cost more 20 cultivate an acre of land
| growing quarter OF a bale, than one
| growing a bale in the latter instance
the pant soon grows up and shades the
land, consequently the grass does not
| grow 50 0rapidly or lnXuriantly.
| The cheapest item that can be used
in the lroduction Of cotton is CONNER.
| cial fertilizers, used literally. With a
L
farmer can grow II bale of cotton where
he has heretofore grown half b,le,
| aId do it with the same cost OF mules
and labor, and the additional quantity
OF seed grown will more than pay for
the extra amount of fertilizers used,
Therefore encourage your customers to
reduce the acreage and to Increase the
amount of commercial f frtiiizers per
acre, believing as we do, that this is
the way and the only way to raise cheap
cotton.
The South must continue to produce
around eleven million bales of cotton
or they Will find in year or two, the
balance Of the world competing with
them in growing this staple and our
foreign market largely supplied from
sources that now produce but limited
quantity.
Wishing for you happy and pross
perous New Year, and also for our cus-
toners and patrons, | am,
Yours truly,
S. IT. MORGAN, President
| Virginia-CaroIina Chemical Company,