Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1906-08-10
LooTiNe OF THE SOUTH.
How Wall Street Gamblers Prey or
Honest Producers.
Editor Yorkville ENQUIRER:


Editor Yorkville Enquirer:
In 1865, shortly after the civil war
the southern people, beaten In every
way except in spirit, with homes de-
stroyed, loved ones lost and ruined
began anew with determination to
try to prosper. They had about lost
their all-but being blessed by God
Almighty with the grandest country
on earth they went to work In earn.
est. Six years later the New York
cotton exchange was organized, a faI
greater financial curse upon the south
than was ever the civil war, and has
since cost the south millions on mil
lions of dollars. War meant death;
cotton exchanges mean financial de-
struction. Now what Is a cotton ex-
change? Nothing more nor less than
a lot Of professional gamblers, hav-
ing for their object how low they can
keep cotton in the south and how
many southern people they can
wreck by persuading them to gam
BILE with them; and how persuading?
Ey sending out kilograms, alluring
letters. straight tips" as though any
man with ray Of sense shouldn't
know that If they really knew the
course Of the market, they would use
1t for themselves. The United State:
government allows part Of it5 .errito-
ry, the south; part of its people, the
farmers; its richest produc3--cotton
to be used as a football by a lot OF
gamblers not one Of which can truth
fully deny but that for every posi-
BILE legitimate trade Of a hundred
bales made with them. there are ten
thousand at least nothing more than
a gamble. Why should farmers, sup
posedly following one Of the noblest
callings, be selected out especially
by these gamblers to be kept in power
ty? Only because no other class Of ouI
people would stand for 1t. Tho? con-
slider them ignorant, but tEs voters
of the south are ignorant IL Fl y per-
NIT their wealth producers to oe sys-
tematically ruined by baach OF
gamblers, who probably never pro-
duced a legitimate dollar Oh ever
added one dollar of wealth 10 the
United States. The question for the
state Of South Carolina is how long
Oh! how long will she permit luch
gambling machines to operate IL her
borders?
The New York cotton exchange is
a farce on Its face and no more than
a big gambling machine with a big
percentage (called commission)
against the gambler that goes against
them. They see both hands and
play theirs accordingly. Fc, every
man in the south ahead nf them
there is suicide; for every man that
is about even there are a dozen de-
faulters, and those who have lost
their homes, positions and have been
saved from theft and bankruptcy by
their relatives and friends are num-
bered by the thousand. South Caro-
linians know this-yet South Caroli-
ma permits 1t.
Gold brick men don't pretend to be
anything except gold brick crooks
but the New York exchange wants
you to buy cotton futures, from them
and won't even let you know what
they are trying to sell you. If you
must gamble-license faro banks,
crap and poker games, roulette
wheels, etc. That will at least keep
the money in the south; but when
you send your money to the New
York cotton exchange kiss 1t good
bye" Follow the example Of North
Carolina and Georgia-wipe them
out. All the southern states will soon
follow.
How can any South Carolina sena-
tor or member of the legislature un-
less he be a gambler or CANDLES with
them fail to vote against this curse
No spot cotton buyer or mill man un-
less he CANDLES with them can truth
fully say they are worth anything
in a legitimate way for protection
or hedging; and is everybody
against the farmer? The more inde-
pendent the farmer becomes the
harder the exchange fights. him. II
the United States will not close them
up-let South Carolina at least make
them carry on. their nefarious trade
outside of her borders The New
York cotton exchange Is the worst
enemy the south has ever had.
VOTER.