Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1905-08-15
HOLD YOUR HOLT?
President Harvie Jordan Answers Brit.
ish Spinners.


Mr.. Harvie Jordan, president Of the
Southern Cotton association on last
Friday sent out the following from At
lanta:
"A recent meeting Of the lnterna-
tional Cotton Spinners held at London,
England, on August first, indicates very
clearly that the producers are to be
bitterly fought by the spinners during
the next three months. At the meeting
above referred to foreign spinners were
advised to buy no more cotton Tor W
days except In such cases where the
raw material was absolutely needed.
The effort will be made to depress
the cotton market here by reducing the
demand for the raw material as far
as possible In order to break down the
present movement of the farmers to
demand fair prices for their staple.
The present plan Of the foreign spin
ners, II now appears, Is to crush the
Southern Cotton association and It's
efforts at the opening Of the fall sea-
son and force the farmers TO sacrifice
their cotton on a depressed marker
brought about by combination and
concert Of action among the spinners
and bear spectators. Every imag-
Unable device known to human In
genuity will be brought to bear to de-
press prices during the next four
months.
"The Southern Cotton association
will meet at Asheville, N. c., Septem-
ber 9Th, and at that time will fix a
minimum price on the present crop
which will be fair and just to both the
producers and spinners. based upon
a carefully prepared report on the con-
dition Of the crop up to August 25th
and the estimated percentage OF yield,
az compared with 1904. When this
minimum price for spot cotton Is fixed
by the representatives Of the different
states on September 9Th at Asheville.
every producer Of cotton In the south
will be called upon to stand by the
action Of the association and force the
consuming world to pay fair price
for the staple. There will be no sur
plus Of raw cotton from the crop OF
1904. What Is left over unconsumed
on September 1st will be only small
reserve stock. The mills are now con-
suming 100000 bales per week and the
demand for cotton goods Is enormous
at high prices. The farmers are In
good financial shape to protect their
staple and II money Is needed southern
bankers are amply able and quite WILL
ing to finance the situation.
1.-THE producers have just won a not
able victory in the face Of the largest
crop ever produced In this country
and by concert Of action forced prices
up from cents In January to 10 cents
on July Sd, encountering each day the
most intense opposition.
"The present crop indicates a short
Weld compared with 1904 while the
consumption of cotton will go forward
unabated for the next 18 months
Present prices for spot cotton are not
high. They represent only a small
profit to the producers.
IF the fight must come II Will be
forced by the spinners and will be met
by determined and effective opposition
on the part Of the producers. The crop
of 1905 must not be sacrificed. Let
every ma measure up to the highest
standard Of southern manhood and do
his full duty. The mills have got to
have our cotton, and II they want 70
stop buvirg at present prices we can
stop selling and see whose corn crib
and smokehouse will last the longest
On the eve Of the crisis which threat
ems the south the southern press is
earnestly called upon to publish this
article and comment upon the same
editorially. The farmers all over the
south are rapidly organizing and the
association has no fear Of the final out
come In the struggle which lies JUST
ahead. Very Respectfully.
"HARvIE JORDAN.
president Southern Cotton Associa-
tion."