The Montgomery advertiser., 1905-03-14

strain of the loom. Thus natural con- ditions eliminate 1t from the competi- tive field. N
 The speaker entered into a compari- son of the cotton crops of the last two years. In 1s03-04 a ten and three- quarters million crop brought 35b0,- 100000. This year the crop was, say, thirteen millions and 1t will not bring with the low price over $asO,0OO, ,O0O. Tn other words, there was $160,O0O, 900 in favor of the short crop To. this difference, representing the South's loss, should also be added the cost of labor and investment in the extra pro- duction.
 MT. Smith regarded it as stroke of Providence that the curtailed produc- tion of the three years before 1s05.0s should allow an accumulation in the hand of Southerners of $316,000,o00 pri- rowed from the Eastern markets. With this accumulation the South is in the best position in its history to whip the fightsshe has undertaken.
 Teaching of Common Sense.
 Now we may admit that 13,000, 900 of bales have been raised this year." said Mir. smith. '"rhe outside world says for us. to dump 1t on the market for cents. But common sense teaches us to take {, ,e00,00 of the cotton aside and hold 1t until 10 cents is ofYered." Mr. Smith rose to an oratorical cli- max in which he declared that the man who does not study this cause Is not worthy of the men who followed Lee and Jackson.
 It was emphasized that the New Or leans convention plan proposed to or- ganize not the farmers alone, but the business men with them. Mir. Smith spoke in favor of trusts. saying that there. are times in the lives of men when it Is the necessary thing to com bine certain forces to accomplish the desired end. He had long ceased to in- weigh against trusts. The "trustined" idea Is identified with the Southern cotton pool. It is essential to meet the emergency. The farmers are not ex- pected to grapple with the great eco- homie question that confronts them. The industrial forces of all the South must be arrayed as one. Let 1t be con- tinually kept before the people that when 20,000,000 bales of cotton are pro- duced. 10.000.000 should be retired from the market.
 Rockefeller and Rogers awoke to the power of organized effort when they took hold of oil, he said, and raised 1t
 
 duction to where it now is. The fatal mistake of the Farmers Alliance and the Grangers was the array of class against class. /
 The speaker said he had been asked why the manufacturers did not bull the price of their products so that the far mers could get the benefit of 1t instead of depressing the price of cotton at the expense of the growers. He explained it by saying that on one side the man. ufacturer sees brains and on the other disorganization. Rather than buck an organized wall the manufacturer takes advantage of an easy mark
 An Appem9A to Patriotism.
 MT. Smith appealed to the patriot ism of the South. the indomitable cour- age that is the heritage of the sons of those who fought at Gettysburg and Appomatox. He said he was unshak- en in his faith in the South.
 We have tried the arbitrament of bullets and we fell" said MT. Smith. i've have just tried the arbitrament of votes. and we were beaten. now we are trying the arbitrament of bolls and I believe that with the God given mo- nopoly we are going to succeed"
 MT. Smith expressed his belief that the guano people are engaged in the manufacture of lies at this stage of the fight. They are representing, to the world that their sales this year have far exceeded those of any past year. The speaker as President of the South Carolina Cotton Growers Association. declared that in a short time more he would be in a position to prove wheth- CT the guano manufacturers are "stuf- fing" their reports for bearish effects or not. He has stationed at every shipping point in South Carolina a paid agent to gather the true statistics about fertilizers.
 If there is lying in South Carolina" kaid Mir. Smith. it is reasonable to ex- pect that 1t Is going on all over the South"
 Hiding Out Fertilizer Tags.
 He charged fertilizer manufacturers or brokers with buying tags and stack ing them away unusued. knowing that even the official reports would indicate a false increase in sales.
 In conclusion MT. Smith begged the cooperation of all the citizens of Montgomery County in a cause which. if 1t fails. will put the South in a po- sition from which she cannot recover in a generation.
 If the world is given to under stand" he said, that at this supreme moment we are unable to accomplish the resolutions of the New Orleans Convention the setback will be the most humiliating since the war"
 President w. H. Seymour of the Alabama Cotton Growers Association. for a few minutes related the immense profits that would have accrued to the South if in the last ten years cotton had brought the uniform. price of 10 cents. The hypothetical profits would have reached $750.000.000.
 MT. Smith Is a brother-in-law of Rev. J. A. Rice. D. D.. of Montgomery. He will leave here today.