The Montgomery advertiser., 1905-01-15
, States Power.

end in which each will be necessarily beneficiary.
 Invoke States Power.
 'Let him invoke the power of State government, the strong arm of the law, the taxing and licensing right, to be levied on his product for his own and his country's good,
 License every gin equal to $1 bale for all cotton ginned, requiring each bale to be tagged showing the license has been paid. License every cotton seed oil mill or agent equal to % cents per ton of seed bought. Raise the fertilizer tag license to $1 per ton.
 Abolish the so-called cotton ex- change or make the license almost pro- hibitive. Prohibit the sending or re- ceiving an order for future delivery ex- cept for actual cotton and provide a State examiner to verify every trans action and when bona fide sale has not been made and the baled cotton de- livered make the penalty a severe one
 Let the proceeds of all these licenses be turned into the State Treasury as a special cotton fund under the control of the Commissioner of Agriculture, aided by one director from each Con- gressional District to be appointed by the Governor.
 With such a law in operation in Alabama the fund from the present crop would amount to about one and a half million dollars, and in all the cot ton States to about eighteen million dollars.
 This fund should be used in se- curing bonded storage warehouses in each county and at the principal ports, lower insurance, weighing, compress ing, shipping and commission rates, establishing direct trade with the spin ner and advancing to the holder at a low rate of interest not exceeding 3 per cent
 All the information as to the num- Der of spindles in the world. the week ly consumption. the stocks of goods and the probable demand and other necessary information Is readily ac- cessible and the authorized agents of the farmer could guarantee the spin ner a regular supply at price within reasonable limits.
 Must Use Voting Power.
 ''The Legislatures of the States have the licensing power and the farmer has the votes to secure such legislation as will protect his asinterests ana at the same time tend in the direction of the greatest good to the greatest number.
 ITO accomplish anything of perma- nent and lasting value the cotton pro- ductng interests must have capital in money and a great deal of it. And the capital should not be borrowed, begged or contributed by outside interests that will demand a large share of profits and finally obtain the mastery over the business. By taxing his val uable product to raise the necessary capital to enable him to do a direct and honest business he only subtracts from the speculator and the hordes of go-betweens a small part of their usual share of the profits.
 AS an old man said who had accu- mulated a large fortune. and began spending 1t freely in his old age being chided by some of his friends for his extravagance, All these things are not costing me a cent; am spending my heirs money
 If the Commissioners of Agriculture of all of the cotton States, the pres idents of the Cotton Associations and other agricultural organizations will take the outline If the above plan and perfect it. recommend it to the cotton producers and obtain the approval of representative conventions of farmers they can get the necessary legislation in all the cotton States either at reg ular or called sessions and put the plan in operation by August 1st. 1905."
 Convention of Cotton Growers.
 As soon as the attention of the As sociation was diverted from the cotton