Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1905-05-03
suLLYs WAREHOUSE SCHEME.
What Mr.. Sully Said About II While He was
In Columbia.

Soiusbbiuy hPib EU.-b"hiOi
as cheerful aud debonaire as body
could we'll be, was in Columbia recently.
He seemed in the best humor, was ele-
gantly dressed and brim full of his ware
house scheme. He talked most cheer
fully, and is satisfied that his project is
a certain success. He has now been out
of New York, his headquarters, for two
weeks, and during that time has visited
many points and finds much encourage
ment throughout the South. Mr.. Sully
says that the South's salvation is in q
complete warehouse system by which 1t
can regulate the selling of its crop. He
says that he has had the most cordial
support and encouragement Of his plans,
which call for series of ware houses
throughout the entire South. He says
that his plans are to provide warehouses
capable Of accommodating as many as
Is, ,O00,0 900 bales of cotton. Mr.. Sully has
made arrangements with one of the largest
trust companies in the country to guar
antee the warehouse receipts, so that
the borrower on stored cotton can obtain
the minimum rate of insurance.
Mr.. Sully thinks that in time the
warehouses can guarantee grades and
approximate weights, and in this way be
of great help to the export trade and of
incaloulable service to the Southern
farmer.
1t is the firm opinion of Mr.. Snlly
that the farmers of the ..South have
much moro to expect from a strong and
tirst-class warehouse system than from
almost anything they have in view.
1t is the purpose of Mr.. Sully and his
associates to acquire by purchase stand
ard warehouses wherever they are found
and whore they can be bought to advan-
tage.
Purchases are to be made rather than
new buildings erected, but only standard
warehouses are to be acquired.
Mr.. Sully was met here by F. M. Hyatt
and f. III. Weston and later in the day
by President e. d. Smith, of the South
Carolina Cotton Growers Association.
They talked over the warehouse situa-
tion freely, and Mr.. Sully went over the
matter with those here who have had
1t is the expectation of Mr.. Sully to
close the transactions he has in hand be-
tween now and the 10Th of May, and to
have everything in readiness for the ap-
preaching cotton season.
From Columbia to st. Louis is the pro-
gramme of Mr.. Sully, and he goes there
to talk warehouses to those who are
much Interested in the success of the
undertaking.
INTERVIEW WITH MIR. SULIY.
Mr.. Sully, before leaving the city, gave
out this interview regarding his trip
South:
The Southern Cotton Association has
been the means of untold benefit to the
cotton producers and the cotton interests
of the South. The Southern Cotton AS
soc!ation is the primary solution of the
cotton problem. 1t, in conjunction with
the friends of cotton, cooperating to-
gether, can control the situation.
Every bale of cotton that is brought in
at the present time not only deprecates
the value of that bale, but the value of
every bale you have still left on your
farms and in your warehouses, and also
every bale of cotton you have worked so
hard to put into the ground. Therefore
it behooves you to rightly consider the
present status of your strength and to
realize it, and to realize it at once.
There is at the present time plan be-
ing perfected which will undoubtedly be
of great benefit to every person who will
hold his cotton for the next sixty days.
You are masters of the situation at the
present time. You have won great
victory. Still be masters and masters
forever.
South Union Locals.