The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-01-12


| of the townships shall constitute q
quorum in the county meetings. Rep
resentatives from fifteen counties shat
constitute a quorum at the Stat
meeting.
10 The organization shall have pow
err to make laws and rules for its own
government The same can be changed
at any regular meeting without pre-
vious notice.
i II. The objects OF the cotton Farm
erS and Business Mems Associations
are to promote and advance the price
of cotton TO a basis that will be re-
muneratiVe to the growers and bring
TO our Southland the generalprosperity
that the importance of the industry
juStfieS.
/ II. We agree to cooperate with tie
Farmers Alliance. The Cotton Grow
ers' Protective Association and other
organizations that have for their OBJ
jects the same purposes we have: and
we solicit like cooperation from those
organizations.
/ 10. We recognize that our success is
dependent on the unity of action OF
all the farmers and business men of
the cotto growing states.
II. That the annual meeting of the
| association shall be held on the Sec
.Nond Tuesday in December.
! SLUG TWO :. g.. g.. g.. g.. IS
! The Committee on resolutions then
submitted its report which was adopt
ed as follows:
| Whereas, the welfare of the South
depends upon our obtaining fair
price for the cotton crop. and whereas
the price of cotton is admittedly be-
low the cost of production. and where
as to change that condition it is neces-
! Sary to curtail production until the
surplus disappears, and to hold the
cotton now in existence until a mar
! ket al q remuneratiVe price is obtaln>
able for it. and whereas the farmers
are maxim gefforts to this end and
desire to obtain unity Of action upon
the part of all farmers and others in
terested in their welfare.
Now. therefore. be it resolved by the
North Carolina Cotton Growers AS
sociation:
l. That all growers of cotton should
reduce their acreage and production
for the year 1905 not less than one
third.
=. That farmers now owning cotton
should hold the same until after the
said reduction Is made and reported
by the government. as a sale of the
cotton before that time would neces-
sariIy be a sacrifice sale.
3. That all farmers who are so sit.
uatc that they can hold cotton without
borrowing money on ii should thor.
oughly protect their cotton from dam
age by weather and hold the SANE
without asking loans thereon; and
farmers who cannot hold without Dor
rowing money on their cotton are ad-
vsed to make ARRANGEMENTS WIN
banks. cotton mills warehouses or in
dividuals whereby loans can be Sc
cured on the cotton and the cotton
held until it can be sold for value.
A. That the friendly assistance OF
banks. cotton mills warehouses and
individuals is confidently requested
and anticipated as it is manifest thar
the interest of all classes are lnNolNeu
in this question.
s. That the governors and leg1Sla-
tors of cotton growing states be re-
uuested to recommend by proclama-
ton and resolution the carrying lnto
effect of the recommendation TO Dc
made by the National Association al
New Orleans.
e. That the newspapers nave Fell-
dered great assistance IN calling the
attention Of the public to the present
situation. and they are requested tC
continue their ~ood work in educating
the people to avoid the danger of de-
stroying all profit in a great industry
by over production.
7. The attention of cotton growers
is called to the danger of lending coo
ton to be sold, upon price hereafter
designated. 10 persons who immediate
~ put that cotton on the market OF
EXPORT it. While intended as favor
to the farmers. the effect of such an
arrangement would be to depress the
price as much as if it were SOLD out
right upon the market. We think il
is better to borrow the necessary
money than TO dispose of ii in ID way
which will enable the borrower of the
cotton TO Immediately put 1t on the
market.
<. That the farmers Of this State
should use their best efforts ana
earnest endeavorS to carry into sue
cessful operation any plan Of orEani-
zation looking to a restriction of cot
TON production which may be promul-
gated by the New Orleans convention.
9. That the purpose of this associa-
ton is not to put the price OF cotton
at fictitious or unreasonable prices
but TO secure to the grower Tau
profit il addition to the cost OF pro-
auction We believe that an unrea-
sonable high price as we'll as an un-
reasonable Low price should be avoid
ed as being alike injurious to the best
interest Of the country. we DeiieNe
that a stable and regular price Whlcf
will afford to the farmer talr prodt
uDon his labor and investment IS the
price which will conduce most to the
prosperity and happiness OF the poo
pie. We believe that such fluctuations
AS occurred in the price of cotton dur
ag the year 1904. when the price
varied from seven cents TO seventeen
and a half cents per pound Tor Tue
same grades is alike disastrous to the
grower and manufactures oil cotton
and should be avoided if possible.
After the adoption OF the resoiuHon!
the delegates and alternatcs from ct+cf
cotton county to the National conYen'
ton which meets at New Orleans. Jan
uaiy "a, % and rs, Weree elected af
follows:
Beaufort-To report later.
Pcrtie D. w. Britton; w. NJ
PritcharG. alternate.
Bladen-H l.. Bridges; Q. l.. Clark,
alternate.
Cabarrus-J. =. Allison; Zeb y.
Morris. alternate.
CataWba-To report later.
Chatham--SpenCc Taylor; =. L.
! league, alternate.
Chowan--W. s. SWarranger; j. NJ.
Fireband, alternate.
Cleveland--J. G. Fails; r. y. Mil
! Ter alternate.
| Columbus A. Brown; J. j.
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