Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1905-07-11
FAIR PRICE FOR COTTON.
Jordan Says Not to Go Over II Cents
or Under 10 Cents.

or Under ~ Gents.
Mr.. Harvie Jordan, president Of the
Southern Cotton association, has just
sent out the following:
1.-THE south Is to be congratulated on
the prospects for general prosperity
during the next IS months. The loyalty
Of southern farmers in standing to-
gether during the last three months OF
the year and holding their staple on
a depressed cotton market and follow
ing this by curtailing production fol-
1906 by materially reducing the cotton
acreage and use of guano under cotton
Is more largely responsible for the
present condition of. good prices than
all other causes combined.
1.-THE loyalty Of southern bankers
cotton men, fertilizer companies and
business men generally who have SO
generously contributed funds to the as
sociation, and the southern press which
during the hard struggle Of the farm
ers for the past six months to whip In
the fight they had undertaken, has done
such valiant and effective public SER
vice without price and other highly I'M
portant factors unite in making pos
sible existing conditions.
"All Of these things coupled with bad
seasons following In the wake or
nous demand for spot cotton by the
spinners of the world gives to cotton
the strongest statistical position 1t mas
occupied in many years. II crop con-
ditions do not rapidly improve the sup
ply Of raw cotton for consumption IN
1905 will fall far short Of the demand
and prices will go very much hlgner
But abnormally high prices will be as
dangerous for the future to the pro-
ducer and spinner as abnormally low
prices, and we must endeavor to be
conservative and consistent. :,
1T will be the part of wisdom Tor all
cotton producers to discourage spec
ulative interests that would tend 70
drive the price Of spot cotton above IL
cents per pound just as 1t Is impera-
tive that no farmer should ever again
sell a pound Of middling cotton under
10 cents per pound. Let us not en-
courage inflated prices that Will NAM
ner the mills, curtail consumption OF
cotton and encourage the. growth OF
the staple In foreign fields. We hold q
complete monopoly Of the cotton In
dustry Of the world up to IL cents per
pound and at that price good pronts 10
the producer can be realized.
"The recent advance In cotton is IN
ducinp many farmers already to sell
their crop for delivery In October. This
is bad policy and IL generally inoulgeo
in will deluge such an enormous
amount Of the staple on the market dur,
ing that month as to break prices ana
prove injurious to those who must sell;
Learn to market the crop slowly ano
do not go into speculative propositlonss,
by cooperative action refuse 10 sen
any cotton under 10 cents and 80 mar
ket the staple as to keep the legitimate
demand active and healthy at gooo
prices. O..
"The Southern Cotton association In
its meeting at Memphis, June 2s, 1905
endorsed the plans for immediate con
struction of warehouses under the
nlans and specifications Of the insur,
ance companies and to be owned ano
onerated by the local communities III
which they are built. The rapid de-
yelopment Of q cotton warehouse sys-
tenn Is absolutely essential to the bes'
system Of marketing cotton Tor nlgn
prices and this matter should be push
ed at every cotton point In the soutn.
"It is now imperative that the larm-
ers ralIy in each county and build uI
the membership of the association
Those counties which have not yet or
ganized should get into line at once
Those that are organized should De
pushed by the local officers and the
membership Of each rapidly increased
after the crops are laid by.
1--WE want to be In a strong posltion
by September to handle the situation
next fall and winter. The outlook Is
most encouraging. The state ano
county officers Of the association are
to be congratulated on the splendlo
work they have done and now tna'
success is assured they should redou-
BILE their efforts. -.
1--WE have everything to be proud OF
and must not let the golden oppor-
tunity now in reach to still better lot,
tify our position for the future, slip py
or fail to measure up to the nlgnes'
standard of our duty one TO announcer