The Forrest City times., 1906-07-20
COTTON WARE HOUSES.
LITTLE Rork. ARK.


 EDITOR TIsEs:-Please allow me the use of your vel Iable columns in which to reiterate few Of the principles for which the Southern Cotton Associa- tion stands
 From personal as well as a public pride, it is gratifying to know that Forrest City will in the near future realize the fulhllment Of her compress and warehouse dream.
 The warehouse is one of the basic principles of the S. (. A.. and the one to which they are directing the major part of their energy.
 Briefly speaking. the spinHers Of the world, in convention with the repre- sentatiyes of the :. C. A. Farmers Union. and other organizations at Washington. on May lst, assured the Southern delegates of their wiling ness to deal directly with the South ern merchant. jobber and farmer in purchasing their cotton. provided the cotton could be had through the chan nel Of warehouses, thus eliminating the gambler. the arch enemy of the South, who is the only element against whom the 5. (. \. is directing it's bat teries.
 A system Of warehouses throughout our Southland. qualified to issue nego- tiable receipts for cotton, is perhaps the strongest plank in the platform Of the $. C. A. It benefits the planter by enabling him to hold his cotton at will, and also have the ase q the money approximating it's value.
 The merchant who has carried the account Of the farmer through the De riod of producing the cotton. is not required To await the sale of the cot ton, for be it said to the credit of the South and her banking institutions. they now have home money with which to finance the crop. condition which, until recently. has been a stranger to the South.
 Heretofore, the crop movement has been financed by Wall Street gamblers. who with their tainted dollars pay from $40, eco to $50. GOO for membership in the New York Cotton Exchange Tor the privilege of looking on the blackboard, of engaging in posting and publishing, from information re ceiyed, as the same occurs, the fiuc tuations of stocks, bonds and agricul tural products, and pretending to bu, and sell, and going through the form of buying and selling 10 various per sons, and making pretended trades
 This is the class of men who former ly land would like 10 do so now con. trolled the cotton market by supply ing banks and buyers with money with which to buy cotton and then at will turn on some kind of lire alarm and promptly recall their cash creat- ing panic in the cotton market. by which they are enabled to load up or cheap cotton. and await the inevitable demand of the spinner, who invaria- bly pays a good round price for the staple.
 Every warehouse built in the south (and there are many of them) brings to the gamblers corresponding num- Der of nervous prostrations;a and now, brother farmer and business man, 1t is your time to assert your indepen- dence, by dealing difactiy with the spinner, as he has offered you the olive leaf.
 The South can now boast Of being free from the yoke of imported money with which to handle the crop. and now We ask every man who is true to the principles of the C. S. A. and loyal to the interest of his family and neigh Dor, to support the resolution passed and adopted by the late convention of State Presidents of the C. \. A. al Jackson, Miss. which was to the ef- feet that each president. under sacred promise. agreed 10 exert his utmost influence with his neighbors and rep resentatiyes in their respective legis- latgres for the passage of an act pro- Yiding for the abolition of the so-called buchet-shops with which the country is infested, thereby assisting cotton to sell on it's own merits, and saving many good men from financial ruin. many of whom innocently patronize these dens of corruption.
 IL is now up to you, Mr. Reader. as a voter, 10 plainly exact of your repre- sentatives the passage of such an act. Very respectfully,
 NJ. N GAINES
 Sec. Ark. Div S. C. \.