The leader., 1905-02-08
FARMERS MOVEMENT
DRAWING BLOOD.
BULL SPECULATORS ARE SHORT ON
SHORTS.
Gotten Growers Have Only 70 Stand
Firm and Garry Out the COnYen-
ton 10 Win.

The energetic hustling Of the
men who have contracted to deliv-
er cotton, but who have not yet
secured the actual stuff with
which to fill their commitments,
again played the star role Id the
New Orleans cotton market dra-
ma, which now appears to be fast
approaching the tragic phase of
the performance. Never before
10 the history Of the country has
any immense body Of farmers
been as successful In controlling
the market for their product as
ARE now the raisers of cotton.
Thus far they have won all the.
|skirmishes, and it is q foolish man
indeed who now refuses to regard
them as a powerful and worthy
enemy.
Mondays local cotton market
climbed upward all day long re.
gardless of the apathy of other
markets. New Orleans traders.
who, because of their nearness to
the cotton fields, should know the
pulse of the planter, feared to sell
down the price, and the advance
met with but half f-heartsd opposi-
tion.
The bad condition of the coun-
try roads, and the effect the
weather may have on the Febru-
ary movement gave 'shortsu food
for serious thought, and drove
some of them to cover at the high
.er price.
Liverpool failed to meet logical
expectation. Cablegrams reported
jobbers selling and American
houses buying. Sales on the spot
were 10000 bales at a decline of
two English points. Futures
closed one point lower to two
points higher.
The American Rings were
not excessively busy places. Tel
egraph wires to many points we're
down and 'dopeo was scarce
enough. In the net result New
Orleans gained "a points on May
(a46), while New York was bet
ter BY ~ points on that month
7.49.
The New Orleans Cotton Ex-
change reported spot sales Of
4,250 bales and 400 bales to ar
rive, and marked up the quota
tions three-sixteenths Of a centa
77-16 for Middling. The tone
was called firm. N. o. Times
Democrat, 7th inst.
No law on earth can make an
upright, righteous man. The evil
principle that is seen hating and
disobeying law, if ingrained in
the heart of a man will remain
there despite all law or infiction
|of punishment. It is not the fault.
of the law that evil in any direc-
|tion is not suppressed it is the
fault of man, despite the law.
But this furnishes no reason why
there should not be restrictions in
home or State. Law restrains
and compeIs to a certain extent.
Thus far shalt thou 90 and no
farther is a safeguard to those
who love the law and protects the
public's welfare.
February IL is The date named
BY the Senate for the dedication.
Of the statue Of Frances e. Will
lard in Statuary Hall. The sculp-
tor is Miss Helen e. Mears, Of
Oshkosh, Wisconsin, who has
achieved an enviable reputation in
|her art. The figure is Of Carrara
marble, the finest white Italian
marble possible to secure, and is q
little more than life size. In 1899
the Illinois legislature passed d
bill providing for the statue.
Thus, in the corridor Of the Capt.
tol building Of The Nation, will
stand the pure reminder Of 4 life
no less pure and beautiful in its
purpose and divine principle.
The gas stove is solving the