The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-07-23
President naryie Jordan
Gives These Figures.
RALEIGH LAST NIGHT
With President afaaFte~ Coatttn
NIo~rrv II tlsc North taruiitta ug
Vision AddrC~~ Meeting "a
Garner anal ttaIctEh and
Ilprs ~p' al at Cary
To-day.

To-day.
"Tsc prloc~ for cotton thl> fall wtn
reach higher hSury> than FOR the tasa
fourteen or nttern sear~ and ia ms
opinion the prler viii t. Al icass NJ
ie<n cents
That NAs nhat IIart5c Jordan ~Ai4
last night al, tae meeiirs in thc inter-
est of Detter prices for cotton. the
president af the southern cotton n
sociatiou. being here Win President
Charles cotton Moore ~ the >orth
Carolina Division ~ the ass
To present t. the u~u~3ns~ men 81 RAJ
,igh the need for tA~ Establishment y
warehousiug and holding companies
10 care for the crop ~ The south
During the 3ay the tn gentlemen
had attended a big meeting - Garner
10 present 70 the people the nccFAa''N
r.. concerted action 90 a@ Z" ne 0htr
- rommaud legitimate prices Tor fh'
raw material At Garner there N&E :
big crowd IN attendance aud one 4t
tn. features Of the day was q big bht
bec,,e Today there viii he a barbecue
meeting at Cary and again the haN'-
Gates on bchalf Of a square Qrat N NN'
prices or cotton Viii speak
The meeting last night in The cham
bar of rooms Was atfHat3
hv a number II gentlemen VINO snow
ed deep interest IN the matter under
discussion. The meeting was pre-
sided over ~ Mr. Joseph G. brown
president OF the chamber or COM
nerce. who INTRODUCED the able ana
distinguishes spcalIr ms e 'hc CLOS"
of the meeting expressed inc 'H"'F
of all present FOR tie lnfori4att'h
given. at the same time expressing ms
personal desire for the success or the
movement undertaken and promising
his aid.
President Jordan speaks.
President Har>ie Jordan is an IN
terestiug speaker lie attempts -"
pvrotachnIcs of orator4. bat presents e
business proposition with sledg" nam
mer facts as 10 business. apleaIi.s -
tho common sense u those he address
es. He Is convincing in manner and
facts. and he presented fully the ntti
for the protection Of cotton bY pfop
or warehouses and Tor the need Of
holding ii so a. not - croNd the mar
ket at times and thus deprecla'e INC
price. rs would be the case on a glu'-
ted market,
AIR Jordan In telling Of the need Of
proper warehouse protection Tor the
raw cotton told Of the bad condition
in which American cotton reachea
foreign markets. citing particularly
the case at bremen where. our or a
million bales that came there were a
million in bad condition. requiring ar
bitration TO divide the loss ct"co
the importer and the marine Insurance
This loss, he said, was
caused by what IS termed country
damage" While in reality u IS CITY
damage" because Of improper baIng
and warehouse care. The loss. he de-
cIared. il paid for by the farmer, who
gets lower prices because OF this,
while from scmi-civilized countries
comes cotton that was bedutliullb
prepared for the market.
He Urged the Co-operation or m"
business men Of Raleigh in seeing that
the cotton sent from this section ~
properly handled. and for one thing
insisted that in place Of 1ute bagg1ng
there be used either cotton
or canvas bagging. and that the bales
be compressed in better snape so that
there would not be 60 much damaged
cotton To cause loss He heid that
we had really no monopoly in cotton
in the South. but hat the semi-civt-
lized countries are to be r~eckonedl
with. and that the only
that we have over these Is that We
are better educated on h matter OF
cotton IN this country, a thing which
NAV not always exist. He said that
in Manchester, in great cotton ware
houses he had seen American cotton
that was selling at from fourteen 70
fifteen cents a pound, that had in this
country sold a. from eleven to twelve
cents. and that the mills were glad
to get il. that from this il could be
seen that fifteen cents a pound ls not
too high a price for cotton.
Here It was that ne declared that
While he did not know what would
be the price OF cotton this fall. that
he expected that il would be greater
tha at any time in the past fourteen
or fifteen years, and would say that
he thought the price would be fifteen
cents. but that TO get this tnc crop
must be put on the market slowly
He urged that the banker assist FIN
anctaIIv in the holding back OF the
crop. and that where a farmer had
twenty-five bales he sell only two 4
month. or where the crop is
q hundred bales there be only ton
placed q month.
Charles Cotton Moore Talks.
President g. &. Moore. OF the North
Carolina Division OF the Southern Cot
ton Association, spoke next He WAS
introduced as Charles Cotton" Moor
because Of his earnestness on bchalf
of cotton. and ne deprecated tn" fact
that there was not q larger audience
present TO hear President Jordan. who
has lone SO much In behalf 81 better
prices for cotton.
Mr.. Moore declared that the need
in North Carolina Is 70 provide q way
10 keep cotton from cTowdin@ On the
market. as this kept down prices. To
DO this 10 urged tho necessity of rais-
ing 300. 600 for q cotton warehouse
holding company here. saying that
during the last season, because of
crowdlng the market and early sales
that 81 = aale had been last on g.
600 bales here. while iu north Caro-
Iut over eight million bales had been
lost IN one year. - part % the
money lost in many years
here President Moore opened up
q hand ~atchsL From r ne drew a
double handful or raw cotton. saying
that this WAS eight ceut= cotton.
2 bale 81 it worth $50 Drawing on:
manufactured articles from II ne
showed sheeting worth $40 a bale.
better sheeting worth $500 a bale.
ten cent hose. worth s4g0 bale.
thread worth $3.50 a bale. All these.
he said. could be made from bales OF
cotton vsJrth $40. and in place of mer-
ceriz-d goods he believed the people
of the SOlth are mesUeI.Zed. IS the
great Increase II value from the raw
material 70 the manufactured product