The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1906-01-27
% the People Of 0exas

AAAANAH
aion. aggregated 3i2i,3se,s5e.7s.
| II would be conservative TO estimate
that $40 900 600 more we're in pri-
waite banks and other Repositories.
| This is about double the individual
deposits of eight years ago. Then
| II will be seen that these amounts In
! the aggregate are equal TO the en-
/ tire value OF the cotton crop OF the
state This vast amount of money
renders 1t absolutely certain that we
have abundant means to enable us
in any emergency to hold our cotton
and at the same time to get money at
a low rate OF interest.
| Nvcrsification.
| The most powerful agencies be-
/ hind the farmer in any effort to
| hold his cotton for better prices are
well filled cribs and smoke houses.
In its fight for industrial supremacy
III is supremely important that the
South shall produce, in addition to the
worlds needs of cotton. its own needs
Of meat and bread which it can cas-
lily do by diversified farming and ro-
tation of crops. Texas is peculiarly
blessed in climate and soil in this re-
spect. Here we can supply from our
F,xIl ~
with an abundance of all the necessa-
ries of life, and a large portion of
the world with Injuries The great
bulwark of agricultural independ
ence-the cornerstone of the sue
cess of the FARMS practical diver
sification. This is one of the funda-
Cotton Association.
Ware Houses
houses for storing cotton has passed
the debatable stage, 1t only re-
mains now for the farmers and bust
ness men to set about at once to as
certain the most practical way to
build them. 1t is estimated that Tex
as sustained loss of 10000 bales
last year by exposure in cotton yards.
Divide this number by two, and the
loss at ten cents per pound would
be $4,000, 000-an amount sufficient
to build 500 ware houses at cost Of
$4,000 each. Cotton stored in suit
able warehouses is the best collater-
al in the world Each bale will rep
resent a certificate negotiable at the
banks; insurance and the cost OF
l handling the staple will be reduced
to the very lowest possible figures
and the enormous waste and damage
y SO prevalent now will cease. So i'm
/ portant a matter should receive tn
o immediate action of the farmers an
% business men throughout the Soutl
Who Can Join 1t?
1t is non-politica1: every man VII
lives in the South and is interested i
;. the prosperity of his county is elig
"a ible TO membership, and is urge,
20 to enlist under it's banners and en-
gage in the greatest struggle ever in
augurated for the independence ano
prosperity of the farmers and the
freedom and advancement of South
ern commerce. In view of its won
derful achievements wrought in one
year and the efforts being put forth
l o VI inf
great solid business body for South
ern prosperity, no patriot can fail to
give it his moral and financial sup
port. 1t requires no very wise man
TO understand perfectly well that in
order 10 handle 10000. 900 or IA
100000 bales of cotton, worth to the
men who produce it $500. 600 600,
at the lowest, the combined capital
and the business men and farmers of
the South must be brought together
in earnest and brotherly cooperation
multiply words TO sustain this posi-
ton. The commercial world recog-
lnizes the power and influence of the
Southern Cotton Association. and the
bears of the world fear Il because
they know that the Drawn. the brain
and the money of the South are
behind it and supporting o. Just
now the bankers and the merchants
throughout The South are among it's
strongest allies. No class under
stands better than they that re-
muneratiyo price for cotton is the
oniN hope OFT permanent prosperity
in tho South. The farmers and the
business men of the Western states