Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1905-01-12
is READY TO HELP
FARMERS TO HOLD.
Virginia Carolina Chemical
Company.
TO ASSISTANCE OF PLANTERS
Generously Proposes to Extend Notes
of Planters Indebted to Company
and Thus Aid Them in Holding Their
Cotton Crop.


The farmers of Sumter and of this
generally will be greatly inter
ested In a generous proposition made
by the Virginia Carolina Chemical Go.
through its president, Mr.. S. T. Nor
gan, whereby they will be materially
aided in holding on to their cotton for
better prices. The proposition of the
company is to extend the notes of far
mers indebted to it under conditions
set forth in the letter of President
Morgan to Division Manager F. B.
Dancy of Atlanta.
The following letter contains the an
nouncement of the company:
Richmond, Va, January 5, 1906
To the Division Sales Managers, Vir-
ginia Carolina Chemical Company: (Mr
+. B. Dancy, Manager Georgia Sales
Division, Atlanta, Ga )-Gentlemen:
The treasurer of this company is hav-
ing so many requests to extend the
notes Of some of our customers and
who have not finished payiL g
their bills, aid who desire 70 hold their
cotton-stating that they believe they
will get more for the cotton later on
that this company has concluded to is
sue a general letter on the subj9oF, as
follows:
'In the case of any farmer or mer-
chant who may be owing your division
money and who has cotton which he
desires to hold, you are at liberty to
extend his note for him for six months
from January l, wich interest at the
rate of per cent per annum, provided
he will deposit in any reliable ware
house sufficient cotton to pay the note,
and will turn over to you warehouse
receipts for same. You are authorized
to pay the insurance on said cotton and
make no charge against your customer
for this item.
"We do not pretend to off4r advice
to our customers to hold cotton but we
do intend to offer them every facility
and accommodation in our power to
hold their cotton, if in their good judg-
ment it is best. Whatever inures to the
benefit CT the agricultural closes in
The south is to our benefit; our interest
Is identical with theirs. We are more
,losely and intimately connected with
jhe cotton grower of the south than
any dozen other concerns combined,
They are our customers IN the pur-
chase of fertilizers and we are their
customers in the purchase of cotton
seed. We both sell and buy of them
md deal in every cotton growing coun-
~ from Texas to Virginia. Therefore,
that Will improve the agri-
cultural conditions or help the farmer
must necessarily benefit Us, and if
holding their cotton will be a benefis
10 them, it is our desire to aid them in
his as far as we can.
"Other farm products, aside from
,otton, appear to US to be selling at
very full values, and we believe 1t would
De wise in the farmers to sell any of
heir other Surplus farm products,
which would materially aid them in
holding their cotton.
"We also are of the opinion that the
acreage last year devoted to cotton was
100 large, aud that it never could have
oeen cultivated IN a normal season.
The good weather during the spring
enabled the farmers to cultivate every
acre they planted; consequently the
big crop of this year. AS,
ordinarily, it would be impossible to
cultivate such an enormous acreage,
We believe it would be wise in them
his year to materially decrease the
acreage. If it was decreased 10 per
sent in would mean reduction of
more than 100000 bales next year,
even if the crop should yield as much
per acre as it does this year.
cit strikes us that what the farmer
wants is to make his cotton at the low
9st possible cost. The profit derived
rom growing cotton is not so much
The price of cotton as the cost at which
the crop has been grown. Mules and
horses are high-much higher than a
lew years ago-and the price of farm
labor is high and scarce. Therefore
every acre cultivated means large ex-
penditure. It costs more to cultivate
an acre of land growing a quarter of a
bale of cotton than one growing bale
In the latter instance the plant soon
grows up and shades the land and con-
the grass does not grow so
rapidly or luxurIaHtlY.
"The cheapest item that can be uced
in the production of cotton is CONNER
cial fertilizers, used literally. With a
liberal application Of fertilizers the
farmer car grow bale of cotton where
be has heretofore grown half bale,
and do it with the same cost of mules
and labor, aHd the additional quantity
Of seed Will more than pay for the extra
amount of fertilizers used. Therefore,
encourage your customers to reduce
their acreage and to increase the
amount of fertilizers per acre, beIiev-
ing, as we do, that this is the way and
the only way to raise cheap cotton.
"The south must continue to pro-
duce around 11,0OO,0 900 bales of cotton,
or she will find, in a year or two, the
balance of the world competing with
her in growing this staple, and our
foreign market largely supplied from
that now produce but limited
quantity.
wishing for you happy and pros
porous New Year and also for our GUS
toners and patrons, I am, Yours truly.
S. Z. MORGAN.