The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1906-01-27

his cotton AT tine same time with
heroic tenacity. the Southern farmer.
assisted by his merchant and banker.
won his first battle for industrial in
dependence. The price OF cotton i'm
mediately after the adjournment. OF
the convention began TO advance, and
by the first of July middling cotton
was selling at ten cents per pound.
Hence six million bales that would
have been sacrificed at -four cents per
pound TO satisfy the greed and ava
spinners and the spectators OF both
continents averaged the farmer over
eight cents per pound, thus saving to
the South nearly one hundred million
dollars In five months. II would be
arrogance for The Southern Cotton
Association TO claim all the credit
for the splendid victory achieved in
SO short time because all agricuit-
nral organizations and associations
in the South united in the fight and
each assisted to the fullest extent of
It's strength and ability.
What the Southern Cotton Assoc
citation Stands For.
The Southern Cotton Association
stands for the South's supremacy ag-
| riculturally, commercially and finan
cially. The principle object in the
association is to unite in one grand
business organization the Southern
farmers, merchants, bankers, cotton
manufacturers and all other allied
lines of business to develop the vast
resources of the South and to main
tain the price of our great staple
op-COTTON-at fair and prof
table figure to the producers and cot
ton milling interests of the country.
To develop Southern ports, extend the
building of cotton mills and bring
about a closer trade relation between
this country and foreign nations, and
more especially with the Central and
South American republics, to seek
wider markets for the sale of our cot
ton goods to the end that cOnsump-
ton may be made to keep pace with
the extended cotton production. To
encourage the building and maintain
ling of first class system of bonded
warehouses, in which cotton can be
stored at a minimum cost, or encour-
age the proper storing of cotton on
the farm so that the crop may be
marketed in such quantities as viii
meet the legitimate demand for con
, sumption To encourage the better
handling of the cotton crop SO tina
= it may go to market in the best posi-
/ Bile condition and thereby bring I
q each grower it's maximum value. T
d gather correct and accurate statistic
v bearing upon the production, mani
i facture and sale of cotton so tn;
l. the producer will be as well inform
e ed upon every phase of the great col
: ton industry of the world as thos
f who handle the crop after it passe
] from the hands of the grower.
Supply and Demand Thwarted by
the Spectator.
The demand for cotton is as ever
and regular as the growth of com
merce and civilization. and one OF
the problems of the Southern Cotton
Association is to regulate the supply
so as to meet the demand We may
safely assume that the cotton produc-
ed in Texas should control the price
of cotton the world over. as about
one-fifth of the entire product of the
world is made in Texas The crops
of the state. however. vary with the
years. and are not dependent upon
acreage alone. For example there
were 1880 more acres in cui-
tiyation in 1908 than in 1900. yet
in the last named year the state pro-
I duced .032.2 40 bales more than in
1898 Similar yet not so great. ir-
regularity exists throughout the other
cotton states The cotton specuiat-
ors take advantage of these condi-
/ lions and run The price Of cotton up
aud down as suits their interests
II During single season the last
three months OF the year the dit
ference between the highest and low
est prices is sometimes as great as
90 per cent. and the sp,culator. as a
rule reaps q harvest of gold. while
the farmer is robbed In Texas. for
tho last sin wears. if would be- safe
to SAP. that the sp.culator has aver
ssrd $4,000 .uoo year. in other
words he has proiued this much hl
tho lrroEularltv la prices Witch hr
hss brought about Now. while "a
-rducfion in aervaeo viii pro tanto.