The Montgomery advertiser., 1906-02-03
FARMERS ARE ENCOURAGED The Montgomery Cotton Growers Meet. GOOD REPORTS RECEIVED Large Blocks of Stock in Ware
 house Company Taken.
 President Seymour of state Division l Announces Appointment of C1ar- endon Davis to Succeed Dr. Lovett.

SoLLOH OSOWSTS ASSoClAtlOn HlGt yes terday morning in regular monthly session at the County Court House and regardless Of the decline of cotton prices since the last meeting, they took encouragement over the future of the Southern Cotton Association. A res- olution was unanimously adopted en. acrslrg the action taken by the dele gates to the mass meeting in New Or lcsns last month.
 The principal effect of this resolution beers on the acreage to be planted In cotton this year and the extent to which diversification of crops will be prac- ticed. The sense of the New Orleans convention was that those growers who reduced the c9tton acreage for 1905 by 25 per cent under the area planted in 1904 would not be asked to make any reduction this year but every one is urged to diversity and rotate his crops as much as possible. Those who re- duocd their acreage last year only Is per cent. will be asked to reduce 10 per cent. this year, and vice versa, always makiay a total decrease in the two years of 25 per cent.
 The Warehouse Project.
 Great interest was manifested in the warehouse project for Montgomery and surrounding counties as encouraged by the constitution of the Southern Cot | l Secretary Charles l.. Gay, of the Coun- ty Association, that approximately $15,a00 of stock had been subscribed by farmers te the pro posed warehouses to be built in Montgomery. The stock that is being solicited for this enter prise can come frcm any growers in counties contiguous to Montgomery | County as well.
 The project was discussed at length 1 by Caat. 4. B. Brasse1l, who has vol unteercd his time and energies to the work for the past several months | identifying himself with the movement I in its inception. Others who discussed l the plans were Secretary Gay, Presi- | dent W. H. Seymour of the Alabama ! Division; w. R. Sawyer, of the State ] Auditors oflce; Nj. R. Houghton, and 1 tlenen also discussed ether purposes 1 of the Southern Cotton Association which are to be renewed this year. 1 A. H. Esubanks, of Montgomery, pre- l sided over the meeting in the absence 1 of W. H. Vaughan, the President. The | meeting began at 12 o'clock After the minutes of the last meeting hac been read and approved, Captain Bras 1 sell was called upon to tell of the pro
 Eress made recently in the warehouse Stock subscrip tion. Tn the main h' thought the situation very encouragine and repcrted that with the visits to thu | outlying beats by himself, Secretar! Gay, Organizer N. B. Williams and oth 1 CTS a few more thousand shares haI been subscribed. He then told of th' unceasing work of men in other coun
 ties who will have warehouse ownet by the farmers before or about th'
 time that Montgomery County will sue
 ceed.
 The Control of Prices.
 Captain Brassell repeated his force
 full argument that before the erection
 of warehouses to be controlled by th
 growers of the staple it would be ut
 terly impossible for them to control tn
 price of cotton. The plan of the ware Ii house promoters, he explained, Is tt
 Incorporate the concern under the law
 of Alabama state the capital stock
 elect a board of directors and officer
 who would be bonded, and in the boart
 would be placed the power of disposini
 of the cotton stored in the warehouses
 one or two as may be decided upon In all events, the selling of any cottol Il stored in the warehouses would not b \ for a price less than that fixed off ! ciaIly by the authorities of the South | ern Cotton Association. In fact, tn II organization of the corporation woul II be in thorough accord with provision
 of the Cotton Association on the sub ject.
 The direct effect of this plan. Cap
 tain Brassel argued, would be to stol
 the steady if small stream Of cotto known as distress.
 This" said the speaker, who wa
 once the national organizer of tn
 Grangers and was in the Farmers Al liance, ''is the club with which tn ! speculators of Wall Street are enable to beat down the price of cotton. s
 long as the stream flows the club vii exist and continue to hammer. Flo 2 the gambling board of Wall Street is power whose influence is felt in ever
 civilized country on earth It is tim
 that we wake up and cease to be know
 as the hewers of wood and drawers O
 water. It is a day of trusts. It is
 day of organization. and the sooner W
 follow suit the better. Otherwise tn robbery of the Southern farmer, whic ,, has been going on for forty years, will
 continue"
 Mir. Sawyer, in few words, explaine
 that the plans of the warehouses, all 0
 them. contemplate a minimum of stor |, age and insurance tax charges. Tines
 guarantees alone will justify the build
 ing of the warehouses, the speaker dc
 cIared, If there are no ether warehouse I 10 form a chain for the control c
 prices. It was agreed that once tn | few WarenCuSeS aTS punt "ttCI S'ul
 ties will initiate the enterprise and un : versal benefit would be insured.
 Has Raised About $15jOOO.
 Secretary Gay informed the member f that he had, with ether volunteer men l hers. .'stumped the different beats inc county recently in behalf of II : warehouse scheme He had found welcomed everywhere and hardly ar
 refusaIs to subscribe to stock we - met with. He said he estimated tn = when the reports from all committe arc In. they will show that already b V tween SIP 900 and s15,0O0 of stock h. D been subscribed, He said engagemen
 have been made for similar work T other beats next week.
 | Mir. Houghton spoke for the impor n Gnce of organization on the part