Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1905-03-15
COTTON WAREHOUSES IN rms srArr.
Fire Proof Houses will Enable Farmers to
Place Cotton ln Negotiable Form.
[The state, March s.

warehouses of the South Carolina
division of the Southern Cotton AS.
sociation yesterday, the following
resolution was adopted unanimously,
on motion of Capt. w. e. Burnett,
of Spartanburg:
"That it is the sense of this COM
mittee that we recommend to overy
community in South Carolina, where
the necessity exists for warehouses, to
Guild these warehouses through their
'wn efforts or by outside assistance
if preferred, or if possible to attain
them at a cost of from $500 to 81 200
with storage capacity, respectively,
of from 500 to 1000 bales of cotton"
This is practically "callto arms"
: for without warehouses it will be we'll
nigh impossible for the farmers to
win, and to keep won, the fight
which they now have we'll in band.
The market liz now showing the effect
of the fight the farmers have been
making to hold their cotton for better
prices. Advices from Liverpool are
to the effect that English manufac-
turers are organizing to protect them
selves against 15 cent cotton, for
they confidently expect the market
to go to that figure. AT very gener-
GUS estimates there were 100000
bales raised in the South last year,
and Notwithstanding the cry of
" f"over production" this is said to be
: 100000 bales short of what the de-
mand will be, for the Egyptian crop
is reported failure and the India
crop will be little better. If such
iB the case, and these are the
advioes which the cotton associa-
tion has received from authentic
sources, all the cotton farmers of
the Southern States must do is to
hold to what they have.
1t was developed at the meeting
yesterday that if the farmers in diff
ferent communities in the State. will
take the proper amount of interest
in building warehouses, it will be
possible to make arrangements
whereby the funds subscribed locally
will be augmented by the same
amount by capitalists who are inter-
ested in this great movement. The
entire committee was present.
Il. b. Stackhouse and others of
the committee expressed the belief
that there would be many ware
houses built, and that the movement
should be started at once in order to
get the buildings ready for occu-
pancy by the time the new crop
comes in. Architects and contrac-
tors were consulted as to the cost
of erecting warehouses and the in
formation received was very satisfac-
tory, for it showed that the cost is
not prohibitive, and that almost any
community which has the progressive
spirit can raise enough money to
build warehouse which will accom-
modate all the cotton raised in that
9sighborhood, or at least all of the
dhrplus cotton.
On motion of Col. Leroy Springs,
of Lancaster, the following was
adopted unanimously:
"That we urge upon, the farmers
the Importance of storing their cot
ton promptly on being ginned in the
standard warehouses where they can
get negotiable warehouse receipts,
thus saving it from loss in weight
and damage and putting it in nego-
table shape 80 that they will not be
ifced to market it except at their
own pleasure, as it has been demon
strated by the action of the New
Orleans convention that reasonable |
prices can be maintained irrespective
of the size of the crop by the judi
cious marketing of the cotton, which
can only be accomplished by the ef-
fective warehouse system"
E. ID. Smith, President of the State
division of the cotton association,
was present by invitation and offered
the following suggestion, which was
adopted in the form of resolution