The herald and news. [volume] (Newberry S.C.) 1903-1937, 1905-11-28
pLEDGING FIFTEEN CENTS.
Harvie Jordan Asks All Farmers to
Pledge and to Act Quickly.

sued by his department last week was
accurate and trustworthy and that it
indicated a crop in the neighborhood
OF ten million bales for this year. This
comedies with the recent report OF
the Southern Cotton association OF
o,441 900 bales, which did not include
linters and city crop, which would
have made the total in the neighbor-
hood of ten million bales. Thus we
find the crop estimate from ti1e two
most reliable sources for information
at this time agreeing almost to bale.
Secretary Wilson's assertion at this
time also forecasts the December 4th
estimate OF the yield by his depart
r1ent as there can be but little or no
change in thee rop during the next
two weeks. I have recently spent ten
tavs in the east investigating condi-
tions relative to spinner S supplies
and the amount of cotton goods in
robbers hands. I find that the spin
ners are short of raw cotton although
they have sold the output of their
mills many months ahead expecting to
:buy the cotton as they need it around
present prices or lower. found that
thev cannot begin to fill the tremen-
dous demand on them for cotton
goods.
I also found jobbers supplies OF COT
ton goods exhausted and that they
are unable to get what they need from
the mills. Cotton goods are very
high and jobbers think the price OF
cotton will soon go to IS or 20 cents
Der pound. Farmers have rushed the
market to date and sold fully half the
crop around ten cents per pound. 1fe
thing to do now in the face of. exist
ing conditions which cannot be de-
med, is to tie up the balance of the
cxop for IS cents. This would then
only average the price Of the whole
crop to the spinners at IL cents
pound, which is cheap considering che
enormous demand, short crop a11o
aief, prices for cotton goods.
There is but one way now to ad-
vance the market and the farmers
have that plan in their own hands
We must tie up the spots and do II
under pledge so as to lee each county
know what the other is dong
Through the Southern Cotton assocl'
alton I am printing thousands OF cir
cuIars and pledges to be signed 0J
the people demanding IS cents arie
agreeing to hold every bale they car
for the next ninety days. In this way
we expect to get three million bales
tied uo for 90 days if necessary on de-
n,and for IS cents. ! will furnish
these pledges to all the cotton grow
inc counties at once. They are no"
being printed and sent out.
Let All Act Quickly.
Every man who can do so, slgr
these pledges or write to me direct
stating number Of bales he has or
hand and can hold for 90 days If neces
sarv to advance price to that t1gure
All names will be kept strictly con
7;dential. What we want is the aggre
rate in each county that we can de-
oend upon to be held. If | can notl
" the spinners that three mllllo1
bales of this crop has been tied up to-
90 days at price of IS cents the mar
.e, will advance to that tigure oe1or'
we know it.
The south is strong enough to wfall
.his fight to a standstill. We must d.
:. and show to the world what Kln'
of grit we are made of. If you can
hold but one bale send in your pledg
and then freeze to it. Spinners VII
ne falling over themselves to pay l.
cents if we tighten up our grip on Tn
spot situation.
It is the only salvation and that
xasv if we act at once with deter
r,;nation. DON'T wait for your nelgh
hor TO do the holding. You can draw
,-o,- cotton from YOU