The leader., 1905-01-18

fkAGtlGNs 3UluIiUAs
Anent the agitation looking to
the holding Of cotton with khe
view TO raising its price, and the
ultimate salvation Of Ehe Southern
farmer, 4 solution il offered BY
Mr.. M Winner, of this city. that.
ii the Judgment Of The Star, is
the most practical idea that has
yet been advanced. Mr.. Win
ner1s proposition is this
Hold two million bales Of the
present crop for one or two years,
and reduce the acreage for 1905
twenty per cent. The farmers
can easily do this, and can Get IAN
advance on this two million bales
at the rate Of 4 cents per pound
for one, two or more years at 5 or
is per cent. interest on the money.
The farmer having twenty bales
of cotton now on hand, can, by se-
curing an advance equivalent to 4
cents per pound, or $40 per bale,
obtain at least 10 cents per pound
for the remaining fifteen bales
that be may have On hand, plovid-
ed there is d concert of action
among the cotton planters, and il
this is done, there is not the
slightest doubt but that next
years crop will bring 10 cents per
pound or more.
Mr.. Winner, who is now q hold
er Of cotton, and is as much inter-
ested ID the matter as any other
Mississippian, believes that with
lin fifteen days. time, d sufficient
number Of farmers Of the South
can be induced and enabled to
hold cotton to the amount Of two
million bales, and thereby, within
Ia very few weeks raise the price
lof that now on hand to 10 cents
per pound. OF course, in order
to accomplish this purpose, there
must be organization, and there
must be an honest and fixed pur-
pose on the part Of the farmers to
reduce their acreage for another
year at least 20 per cent.
This, the gentleman above quot
led, is firmly Of the opinion can be
done. AS he remarked this morn
ing to The Star, the farmers are
lnot to be distrusted and besides,
their bitter experience during the
past year will force them to real
| ize the necessity Of curtailing
their production, and taking steps
for their own good.
The Star earnestly urges the
importance Of the farmers coming
together in every county and per-
lfecting organization with which
to combat the disastrous bear in
fiuences that have forced the price
of cotton far below its actual val
ne, and which has the tremendous
support Of the spinners through!
out the country. As suggested
| by Mr.. Winner, the farmer hav-
ling twenty bales Of cotton now on
hand can borrow $40 q bale on
FIVE bales Of the twenty at 5 or 6
per cent. interest. and can hold
same indefinitely. AT this ratio.
1.-TWO million bales can be withheld
from the market, and would easi-
| " force the price Of the remain
ling ten million bales or the re-
maiDder of the twelve million
bale crop, up to and above 10
cents per pound.
At the present price, twenty
bales Of cotton will bring only
5000 but if 25 per cent. Of this
amount was taken from the mark
et, and the price forced up to 10
Icents per pound, The remaining Is
bales would bring $3.50. The FIVE
bales, upon which an advance can
Ibe obtained at the rate Of 4 cents
Iper pound, would be worth 10
cents also, and the farmer would
have 500 more to add to the S 75O,
or in other words, $3.50 instead of
$500 for which he would have to
lseIl the cotton at the present
market price, and still have an in
lterest in the five bales which be
withheld from the market.
Thok fI1n 10 g,if0 ficfe nf kho conn