The Marlboro democrat. [volume] (Bennettsville, S.C.) 1882-1908, 1905-04-07
FOREIGN TRADE.

q voice Is hxtlg the price OF the pro-
ducts of our labor.
FOREIGN TRADE.
I have said before aud say again
that the only permanent solution Of
the cotton problem liz s in the extern
sion or present end the creati n Of
new ua, kes for Gton CO n. There
IS room in this wo Id for 'arHer crop
than raS ye bseu produced. We are
expurti & too much raw and too little
m tnufac ured G. tton. The cotton
poons trace of The world Is In the
ha d. of the nations of the earth who
p cd Co no raw tg'.n and who are
therefore the enemies Of high prices.
These nations do nj wish 20 exteni
the demand for cotton goods In such
way Us to Stimulate q demand for
raw Co, ton d therefore incre use its
price. They are fighting US at every
point.
We control the raw cotton, my
friends, but we do not control the
| worlf's trade in cotton goods. The
Uai,ei Stat3s must control the cot
tnn trade Of the world; nothing short
of that will give you fair price for
| the p odu;ts of your labor.
The export trade In cotton goods Is
showing steady increase; because OF
the great demand from China, it has
been the greatest In it's history for
the past seven months, but 1t is not
because Of any special effort on our
part The truth Is that we we're on
the very e1ge OF cotton famine, and
| the demand for goods Is SO great that
| Europe is unable to supply its custom
erS, and the overflow has come to the
United States.
For seven months, ending in jan
uary, 1905, our exports were about
25 million dollars against l23 million.
for the same period in 1904. THIS IL
good, but 1t didn't come from the
right cause. 1t only came because 1t
could not 20 anywhere else. The
right policy is to put the whole cotton
trade on stable basis. We do not
want prices too high. This crippleS
the mills and decreases consumption
and reac,S on the producers. l be
lieve our cotton is worth ten cents a
pound, believe the world is willing
tC take goods on that basis, but they
wish to feel safe. You can't have
raw cotton one year II cents pound
and the next six cents, without de.
moraizing the whole industry. Raw
cotton Is staple product. Ameri
can producers and manufacturers
must unite to give it stable, stan.
dard value, and work together to con
troll the cotton trade OF the world ir
all OF it's branches
The general public has an lea that
the United States Is doing a wonder
full work in cotton manufacturing
Outside OF the develop nent Of The
} home market. our record is one not Il
be ashamed uf.
In spite Of the fact that we pro
duce IS per cent OF the cotton, VIZ
are the smlllest exporters am ing tn,
leading balions Of the manufactured
article. We do not compare will
Germany In exporting cotton goods
even the little country OF Sait2 .rlane
Is ahead OF ttiis country 80 far as tht
value OF cotton exports Is concerned.
g ,ntlemen, just lis en- at these fig
ures, emily given out By the De
partment OF Commerce, and reprinted
) in the CotJn Manufacturer of Char
lot e, N. c.:
The toyal exports of cotton good
for the whole world list year W IS 65t
million do!lara; OF this tn. Uuitee
States only seat abroad $22, 5u0, 600
1n other words, last year We made
Is per cent. of the raw cotton, bu
we only sold tie world per cent O
tnc goods 1T consu ned.
BuI my frte DIS, that Is vt all; w
actually Imported about $50 0CO, OO(
worth OF C ton 20 6s last year, nearl,
twice What re rxi.o ted.
Ju think of I've exported las,
year 400 nillion dollars worth OF ra =
cotton. e gland TOOK her shar. auc
a'tsr c!Jtillns her own people sent
abroan for sale ah ut $50 million Dbl
lar; Germany 80 millin; France
) "i'zer!.' d and other countr es near
y zoo million more. These peope
b usut tl.eir co.lCn here frelghted it
across tie &C an and then sent fifty
million dOliais OF il back here and sold
IL where the cotton was grown, at a
profit, after pay ing freight and tariff
charges. The ability Of these foreign
nations to control the cotton trade OF
The world Is Que largely to the unceas-
Ing eli rts OF their respective govern.
ments in developing an export trade.
TRANSPORTATION MONOPOLY.
These Countries control The ocean
transport tati0n OF the world, and there
Is no factor In comm rec so potent
as the control OF transport alton. You
can let the raj roads discriminate ever
SO little in favor OF Florence or Co.
lumbia and they can dry your town
up. Your magnificent stores would
close aud grass grow in your beautiful
Streets
The man who controls transpor.
tati0n stands between the producer
and the consumer. He not only
levys tribute upon the products, but
ne can turn the stream Of trade this
way or that at will.
| Last year only three per cent OF our
products went abroad in American
slips. We paid a tribute to these
foreign steamship lines Of one million
dollars. Every dollar OF this was car.
ried abroad and distributed there,
and no Industry contributed, as much
as the producers Of raw cotton. You
paid more OF that tribute than any
other class in the United States.
About one halt Of all the agricul.
tural exports went from the South
and this was chiefly cotton. Sixty per
cent OF the vessels Is shown by the re-.
ports OF the Treasury Department
| IN