The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1907-02-20

fall this yvur ia rusnx In t~ a mem.
oraal. eae for b.. CROPS ire op.n,
dry ~sni@r AAA nrvsses'e~i savrfAar ~
boil ~ewsi~. o4ger.ssiaEs. grv~n eutm
~ts., and when the crur begins 20
cou. up ,hoy will se devastated,
Marx the prediction aud prrra fa fer
. re~,a~s summer
''Rsck~s~Ahnp" Legislation.
There ~as grand e~n,.r ruth By
fe~ captains of the other mans
conscience early In the session with
bills tn wipe oct sr~-niating and tu.
sure contracting for cotton. forsoo,h
because Aomc fpofs bad ioa, money
"buckiDE The market aud III. dts~ir.
to protect weak human BatGre
against itself was ~o .r.a; that the
method Of handling cotton for the
past hundred years WAS 10 be chang
I'd regardless o! it's effect on the
hnndrcds of thousands OF men who
produce the cotton and who were en-
titled 10 some consideration. A good
many good men were temporarily de
ceived into backing the proposition.
thinking that the only consideration
vas taking temptation out OF the
way of the foolish and ignorant. The
manufactures OF cotton goods and
movement--in fact they started it.
because the people in the cotton
states have got the idea that cotton
is worth nine to ten cents pound
regardless Of conditions or crops and
when it gets below the sentimental
figure, Thousands rush in and buy
options because they think they are
buying something cheap and the price
must inevitably rise until the big
buying is satisfied. Ever since the
thirteen and half million bale crop
OF 1903 the manufacturers and big
spot men have fried TO force the price
down 70 beggariy one as they had
alwayst done Heretofore in big crop
years. But the belief that has been
fixed in the minds of our people that
cotton is intrinsicaliy worth nine
cents, has caused failure of this old
way Of stealing. Whenever million
or SO people, believe cotton is selling
cheap and begin to buy it. the price
mus. rise and a million people with
even a hundred dollars each Is a
much more powerful force than few
millionaire spot buyers. Here lis the
milk in this cocoanut. There is now
so much specu,stin Ia cotton by the
people OF the south whose interest
lies in high prices that the big fell
lows in New England have lost con-
troll of the situation. a lot of money
End effort are t'ihg sIen' to prevent
the southern people frch buying OPP
tioai on GOTTEN and I with TO warn
| the farmers that they are being used
| for their destruction in this matter
! The Causeway.
The bin authorizing Galveston
county to build q causeway from the
nan land to Galveston Island has
passed the house. This is n good bill
far better than the action of the rail
road crr.rlission a. handing the rail-
roads to build a c2ni.s way, for the
reason tha. this ue-k will cost sew
eral millions and only one will
ever be buiH and when It is built /
want II 70 be owned by tfe people OF
Galveston =. he state. IT should be
briit AID Cffe red :" all means OF
communication on equal terms. Gal
weston is our only port and the peo-
pie of Texas are vitality Interested in
free access 10 it for all means OF
transportation. 1t is not only good for
the people to own this causeway but
they should also own every foot or
water front on Galveston Island and
Bolivar Point and make all wharves
free to the commerce Of the world.
1t would be worth untold millions to
future generations for the state TO
buy this property. then lease it un-
der stringent rules providing for a
free com nerve
News Legislation.