The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1905-08-02
Serious Menace TO Cotton States.

being brought to their attention in
very startling way. Austro- Hungary
is taking the lead in high tariffs
against exports Of cotton seed oil
from this country, and France, Italy
and Germany are liable to follow her
lead. The matter was first brought
up by the New York board Of trade,
which submitted to the Interstate
Cotton Seed Crusbers convention at
New Orleans last May a memorial
showing that while the export bust
ness now affords a profitable outlet
for moro than 40 per cent. Of the cot
ton seed production of the United
States, the four-fold increase of tae
duty, by Austro Hungary, would des-
troy the market for more than $4,000
barrels Of cotton see'- oil in that
country alone. The oil men Of the
New York produce exchange request
ed the Cotton Seed Crushers' Asso-
ciation:
First, to memorabilia the secret..y
Of state at Washington asking that
representation be made in opposition
to the radical and prohibitive changes
proposed to be made in the Austro-
Hungarian tariffs, destructive to o
business which has grown up to the
advantage of both the sellers and US.
ers, upder tariffs already calculated
to produce as much revenue to the i'm
porting country as the business will
bear.
Second, and most important, to
ask all members and friends of the
cotton seed industry to impress upon
their senator's and congressman that
the present condition of general an
tagonism to American products by the
European governments, threatening
the destruction of markets for pro-
ducts of southern agriculture and
manufacture amounting in the aggre-
gate to tens of millions of dollars an
nually, is only to be averted or cured
BY reasonable modification of Ameri-
can tariffs.
''No attack upon the general tariff
policy under which American trade
and commerce has so nightly thriven,
is made or intended, but it is strongly
insisted that the time has come when
good business and sound patriotism
calls for such judicious readjustmenS
as shall cure antagonisms and foster
trade on the broad lines of the
greatest good to the greatest num-
Der.
1T is pointed out that the establish
ment Of tariffs throughout Europe de-
struotive to the export business in
cotton seed oil would throw upon the
markets of the United States an enor.
mously larger quantity of cotton seed
oil than il is prepared to assimilate,
and would create market conditions
which would spell ruin to hundreds
Of oil mills throughout the South"
A special committee at the conven-
tion took necessary steps to give the
matter publicity through the press,
the senators and representatives. in
congress and the members Of the asso-
citation. Mr.. B. +. Taylor of the Tay-
lor Manufacturing company Of this
city is the secretary Of the State as
sociation and is sending out circu-
lar letter to South Carolina's repre-
sentatives in congrsss, which reads
as follows:
"As secretary and treasurer of the
Carolina Independent Crushers' Asso-
citation, I have been instructed to
confer with the senators and repre-
sentatives from South Carolina in
congress and impress on them the i'm
portanoe Of taking steps to prevent
the proposed increase of duty on cot
ton seed oil being put in force by
Austro-H Hungary, Germany, France
and other foreign countries. en-
close herewith resolutions adopted by
the New York board Of trade and the
Interstate Cotton Seed Crushers' AS
sociation relating to this matter. It
has been estimated that the proposed
tariffs will reduce the price Of cotton
seed oil to about IL cents at the mills,
due to the fast that our southern
States manufacture great deal more
cotton seed oil than can be consumed
in the United States, and the closing
of these markets on account of the
proposed tariffs will leave in the
hands of the mills about one million
barrels of cotton seed oil, which can
only be sold at very low price.
You will readily see what effect this
will have on the price of cotton aeed.