The Birmingham age-herald., 1905-03-27
FARMERS NOW HAVE
 SITUATION IN HAND
SuIly Tells Why Cotton Is a
 Good Investment
URGES THEM TO STANOFlR
Says the Farmers Have 1t in Their Power to Set Prices and Should Make the Most of the
 Opportunity.

Atlanta, March 26.-(Special.) )-Daniel J. Sully. who did more last year to send the price of cotton upward than any other man, and who has again made his ap- pearance in the market, with strong backing for the purpose of once more boosting the price, has written an article for the press bureau of the Southern Cot ton association relative to the present cotton situation. MT. Sully says that the southern farmer now has 1t within his power to control with intelligence the cotton trade of the world. He praises the work of the Southern Cotton association to further the interests of the southern farmer and says that the work is great blessing not only to the farmer, but to the world.
 MT. Sully contends that a fair price for cotton does not mean speculation, nor injury to manufacturers, but a blessing alike to all He urges the farmers to muster their forces and stand out for their own betterment. The following is what MT. Sully wrote to the press bu- reau:
 Under the present momentous proa- lem which the south is now endeavoring to solve, and which, undoubtedly, it will solve to its own profit and to the admi ration of the whole world, the means adopted by the Southern Cotton associa- tion to further the interests of the south ern cotton farmers, in educating him up to the possibilities of what the cotton raising in the south can be made to mean to him, Is a great blessing, not only to the farmer, but to the f1tire world. The world has now learn-L to realize the financial strength and back bone of the merchants and farmers of the south as never before. There is ab- solutely no question but what the south ern farmer has 1t within his power to control with intelligence the cotton trade of the world. He has unquestionably shown in the past four months the qualities he possesses in being able to unite for his own protection. He has at las1 become fully aware of the cotton requirements of the civilized world, and he realizes that to his labor and patience and perseverance the world Is looking for its supply of this staple. Every dol lar that the southern farmer makes, over and over his cost of production, means the enrichment of himself and also the enrichment of every one else. OpDH lHt bOulntTn ldTlneIf anu nt pIdC- tically alone will really rest the advance ment of civilization, for clothes are es- sential to civilization and the south must furnish the bulk of the worlds cotton clothes. It has been well said by Henry Grady, l believe, that every mis- sionary of the gospel as he penetrates the wilds of Africa or the isles of the sea, is an advance agent for southern cotton. It, therefore, resolves itself to Id. about elght-tenths of the cotton of the world, upon it devolves the great prob lem of furnishing enough that all the millions not now civilized may become clothed and civilized
 ''rhe south should realize at once that there is no safer investment than its own cotton; that the flnan- cial world today considers cotton one of the safest securities known, and es- pecially if ii is in good condition and in merchantable ware houses. To this end, therefore, the interests of the south should muster their forces, and provide a reservoir that will hold their surplus cotton in such shape that the farmer, the merchant and the banker of the south can invest his surplus money in that security which Is acknowledged by the world to be the best The south holds the command of the worlds cotton trade. monopoly such as no other country possesses, and yet a monopoly almost without profit compared with the profit that should be realized. The time has now come for the south to act on these facts and without speculation. but on sound and conservative lines, so estab fish and planting, the haI ding and the marketing of this unequaled staple that the southern farmer who, by reason of the souths monopoly, ought to be the most prosperous farmer in the world can attain this condition and in doing so add to the prosperity of every other industry, for low price cotton means poverty for everybody. Who is complain- ing because Birmingham is selling pig iron at $1350 ton against $9 ton six months ago? This advance has quicken- ed every iron interest in America just as 80 iron meant dullness and lack of profit throughout the coal and iron world. Let US look at the matter sensibly and see that fair price of cotton means not speculation not injury to manufac- turers, but a blessing alike to all. The south holds this power in it's own grasp. Will 1t use to advantage, or will 1t let slip the opportunity of nations lifeT'
 ttnAIET, I SITTJ,Y'