The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1905-09-26

ASKS me farmers u Adopi ne Price u
Cotton FIXED d AsheyiIIe Convention

Z
lowing has been issued:
The executive committee of the
Southern Cotton Association held its
meeting at Asheville, N. c., last week
| and the question of fixing minimum
price of this crop was a matter of
greatest interest to the people and
country at large. The eyes OF the
whole world were conferred on Ahse-
Vile during the 9th and 7th of Sep
! TENDER, while the executive commit
tee was In session.
| The price finally agreed upon af-
| ter long and tedious elaboration
was IL cents, basis middling. at all
interior points in the South. The
| condition of the crop up to August
| % was found to be 73.e3 per cent
of the same period year ago The
estimated yield of the crop is reported
| by over $4,000 correspondents from
all the cotton growing counties indi-
cate yield this season of 9,5SS,133
| bales, as compared with crop OF
| ] 3,600,0 900 bales last year Letters
| from farmers all over the belt ad-
! wise a minimum price all the way
from 10 cents TO 1215 cents. some
figuring as high as Is cents. But the
| final result was IL cents, and farm
ers all over the South will be expect
ed to stand firmly together this fall
and winter to maintain that price
By determined efforts prices can be
| forced up above / cents later on and
farmers should determine now to
move their crop slowly and not rush
| the market. The only way we can
secure and maintain our price LIS TO
| refuse to sell for less and make the
buyers come to our figures. II cot
ton Is thrown on the market and sold
anyway, 1t will be difficult TO force
prices Up aas.i ~ tieh later in the
season. Let those who are able and
can hold back do so. and thereby help
those who are forced to sell to meet
their maturing debts and obligations
with the supply merchants and guano
dealers. Bankers will be glad to ad-
vance from cents to cents
pound on cotton in storage and thus
assist in financing the situation. We
are up against a hard fight, but Ii
will be easier TO get the IL cents for
small crop than 10 cents for a.
100000 bale crop.
We are now well intrenehed. with
plenty of ammunition in the shape OF
corn and meat. our banks have plen-
ty of money, the enemy Is In retreat.
and If we don't whip this fight and
force the price OF cotton TO above
II cents, then the farmers of the .
South ought to have a guardian APP
pointed 20 look after their business
interests. The mills of the world
have taken a crop of / }, 500 900 bales
OF American cotton during the last
twelve months, at an average price
of ? cents per pound There will be
no check In consumption during the
next twelve months. The price OF
cotton goods is very high and going
still higher. The whole civilized
world Is in prosperous condition
and IL is uurea sonabie TO say that the
farmers should not this season re-
cefve an average of IL cents per
pound for a crop of cotton now es-
timated to be under lie. 600 600
bales All you have got TO do Is TO
stand pat for your price. refuse To
sell under II cents and the market
viii soon advance TO that figure IL
much cotton Is offered under III
cents, as matter of course, the /
market can be depressed and held |
down
The cotton agent Of the Farmers |
Educational and Cooperative Union |
Of Texas was present with US at Ash.- |
willie and took part in the secret SEES
sions of the executive committee He |
came as the representative OF the |
union. We can now depend upon |
the effective cooperation OF all the |
members of the union. as the new
president of the union. Mr. Calvin
Of Paris, Texas. has written me en-
couraRiug cooperation TO more com
pietely win out in the fight ahead |
We also have pledged the co-opera-
ton OF the American Society of Equi- |
- and the Farmers Alliance Of |
North Carolina IN enforcing the de- |
mand for the minimum price of IL |
cents This makes the position of |
the producers almost lmpregnable.
and with all OF these powerful farm |
ers' organizations working In harm |
0ny for mutual protection ] feel safe |
In saying that the fight can be and |
will be easily won There will be |
no Misunderstanding among these or
CARNATIONS this season ON this mat
ter We will All work in harmony |
together. and knowledge of that |
Tact ought 20 be most encouraging |
N the Farmers Union wanted one |
price and the Southern Cotton Asso- |
citation wanted another, there would |
be difficulty ahead. but both orRani- |
nations are now together and siil |
work together 10 win out on the price |
ANretd upon
Sell huf little cotton ia september
and October Give the mills chance |
tu exhaust present supplies. which |
can De- huUe b six weeks. and then
wn can easily dictate terms and air
anathsF bg victory SELL No middiing
cotton for less fhaa ri cenfs
HAHNfE JORDAN