The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1905-01-12
WOULD AID THE FARMERS.
Commendable Action OF the Virginia.
Carolina chemlcaI Company Toward
Relief Of the Farmers-A PROPOSE.
ton that VIII Materially Aid In the
Cotton Situation.

Carolina chemicaI Company Toward
Relief Of the Farmers-A PROPOSE.
tion that VIII Materially Aid In the
Cotton Situation.
The following is circular letter
sent out from the headquarters OF
the Virginia Carolina Chemical COM
pany at Richmond, addressed to the
division managers and signed by the
president of the company, Mr.. s. 7.
Morgan:
DEAR SiR:-The Treasurer OF this Company
is having 80 many requests to extend the
notes of come of our customers and patrons,
who have not finished paying their bills, and
who desire to hold their cotton, stating that
they believe they will get more for the cotton
later on, that this company has concluded to
issue q general letter on the subject as fol-
lowe:
Any farmer or merchant who may be ow
ing your division money, and has cotton
which he desires to hold, you are at liberty
to extend his note for him for six months
from January LIST. with interest at the rate
OF six per cent per annum, provided he will de-
post sufficient cotton to pay the note in any
reliable warehouse. and will turn over to you
warehouse receipt for same You are author
lied to pay the insurance on said cotton and
make no charge against the customerfor this
item.
We do not pretend to offer advice to our
customers to hold cotton, but we do intend
to offer them every facility and accommoda-
ton in our power to hold their cotton, if in
their good Judgment it is best. Whatever
inures TO the benefit the agricultural class
es in the South is to our benefit; our interest
ls identical with theirs. We are more closely
and intimately connected with the cotton
&c <ho Cnufh than dozen other
concerns combined. They are our customers
IN the purchase of fertilizers and we are their
customers in the purchase OF cotton seed. We
both sell and buy of them and deal in every
cotton growing county from Texas to Vir-
ginia. Therefore, anything that will improve
the agricultural conditions or help thefarmer
must necessarily benefit us, and if holding
their cotton will be benefit to them, it il
our desire to aid them in this as lar as we
can.
Other farm products, aside from cotton. ap-
pear to us to be selling at very full values,
ers to sell any of their other surplus farm
products, which would materially aid them
in holding their cotton.
We are also of the opinion that the acreage
last year devoted to cotton was too large;
and that it never could have been cultivated
in a normal season. The good weather dur
ing the spring enabled the farmers to cult
the tremendous big crop OF this year As or
dinariy, it would be impossible to cultivate
such an enormous acreage, we believe 1t
would be wise in them this year to material
ly decrease the acreage. If it were decreased
ten per cent it would mean a reduction OF
more than a million bales next year, even if
the crop yielded as much per acre as it does
this year.
1t strikes us that what the farmer wants
is to make his cotton at the lowest possible
cost. The profit derived from growing cotton
is not so much the price of cotton as the cost
at which the crop has been grown. Mules and
horses are high, much higher than a few
years ago; the price of farm labor is high and
scarce. Therefore, every acre cultivated means
a large expenditure. 1t costs more to Guilt
vate an acre of land growing a quarter OF a
bale of cotton than one growing bale. In
the latter instance the plant soon grows up
and shades the land, and consequently the
grass does not grow so rapidly or luxuri-
antly.
The cheapest item that can be used i'll the
production Ofcotton is commercial fertilizers,
used literally. With liberal application of
fertilizers, the farmers can grow bale OF cot
ton where they have heretofore grown half a
bale, and do it with the same cost OF mules
and labor, and the additional quantity of
seed will more than pay for theextra amount
of fertilizers used. Therefore, encourage your
customers to reduce their acreage and in
crease the amount of commercial fertilizers
per acre, believing as We do, that this is the
way and the only way to raise cheap cotton:
The South must continue to produce around
eleven million bales OF cotton, or they will in
a year or two find the balance of the world
competing with them in growing this staple,
and our foreign market largely supplied from
sources that now produce but limited guam
tity.
Wishing for you a happy and prosperous
New Year, and also for our customers and
patrons, l am Yours truly,
S. T. MORGAN,
Presdt Virginia. Carolina Chemical Co.
Spoiled Her Beauty.
Harriet Howard, OF 200 W. 34fh St.. New
York, at one time had her beauty spoiled
with skin trouble. She writes: 81 had Salt
Rheum or Eczema for years, but nothing
would cure it, until used Bucklen's Arnica
SalAe.'' quick and sure healer for cuts,
burns and sores. 25c at Melville Dorsey's
drug store.