Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1905-09-19
JORDAN SAYS HOLD.

JORDAN SAYS HOLD.
Harvie Jordan president of sthe,
Southern Cotton association, has sent
out the following under date of last
Saturday:
THE executive committee Of the
Southern Cotton association held Its
meeting at Asheville, n. c., last week,
and the question Of fixing a minimum
price Of this crop was the matter OF
greatest interest to the people ana
country at large. The eyes OF the
whole cotton world were centered on
Asheville during the 9Th and the 7th
Of September, while the executive COM
mittee was in session.
"The price finally agreed upon after
long and tedious deliberation was IL
cents, basis middling, at all interior
points I'm the south. The condition or
the crop up to August 25th was found
to be 1903 per cent as compared with
condition Of "a per cent for the same
period a year ago. The estimated yield
of the crop as reported by over l5,OOO
correspondents from all the cotton
growing counties indicated yield this
season of 9,588,133 bales, as compared
with a crop Of 3,600,0 900 bales last year.
advised a minimum price all the way
from 10 cents to 12h cents, some hg-
uring as high as Is cents. But the final
result was IL cents, and farmers all
over the south will be expected to stand
firmly together this fall and winter
to maintain that price. BY determined
effort prices can be forced up above IL
cents later on and farmers should de-
termine now to move their crops slow
ly and not rush the market. The only
way we can secure and maintain our
price Is to refuse to sell for less and
make the buyers come to our figures.
II cotton is thrown on the market and
sold anyway, 1t will be difficult to force
prices up until much later In the sea-
son. Let those who are able and can
hold back do so, and thereby help
those who are forced to sell to meet
their maturing debts and obligations
with the supply merchants and guano
dealers. Bankers will be glad to ad-
vance from and cents pound on
cotton In storage and thus assist In
financing the situation. We are up
against hard fight, but 1t Will be
easier to get II cents for a small crop
than 10 cents for 13,600,000 bale crop.
I'VE are now we'll entrenched. with
plenty of ammunition In the shape OF
of money, the enemy Is In retreat, and
IL we don't whip this fight and force
the price Of cotton to above IL cents,
then the farmers Of the south ought
to have a guardian appointed to look
after their business interests. The
mills Of the world have taken crop
Of 13,600,000 bales Of American cotton
during the last IL months, at an aver
age price OF cents per pound. Ihere
will be no check In consumption dur
ing the next IL months. The price OF
cotton goods Is very high and going
still higher The whole civilized world
is In a prosperous condition and 1t Is
unreasonable to say that the farmers
should not this season receive an aver
age Of IL cents per pound for q crop
of cotton now estimated to be under
10, ,OOO, 900 bales. All you have got to
do is to stand pat for your price. re-
fuse to sell under IL cents and the
market will soon advance to that fg-
ure. II much cotton Is offered Under
IL cents, as matter Of course the
market can be depressed and held
down.
THE cotton agent Of the Farmers
Educational and Cooperative union OF
Texas was present with us at Ashe-
vile and took part In the secret ses-
came as the representative OF the un-
ion and assisted in fixing the price at
IL cents, stating that such q price
would be acceptable to the 100000
members of the union. We can now
depend upon the effective cooperation
of all the members Of the union, as the
new president Of the union, Mr.. Cal
vim OF Paris, Tex, has written me en-
couraging cooperation to more com
pletely win out in the fight ahead. We
also have pledged the active co-opera-
ton Of the members Of the American
Society Of Equity and the Farmers
Alliance Of North Carolina In enforc-
ing the demand for the minimum price
of II cents. This makes the position
Of the producers almost impregnable.
and with all Of these powerful farmers
organizations working In harmony for
mutual protection, / feel safe In say
ing that the fight can and will be easi-
ly whipped. There will be no misun-
derstanding among these organizations
this season on this matter. We VIII
all work in harmony together, and q
knowledge Of that fact ought to be
most encouraging. II the farmers un-
ion wanted one price and the 8. c. A.
another, there would be difficulty ahead
but both organizations are now to-
gether and will work together to win
out on the price agreed upon.
Sell but little cotton In September
and October. Give the mills chance
to exhaust present supplies, which can
be done in six weeks, and then we
can easily dictate terms and win an
other big victory. Sell no middling
cotton for less than II cents"