The herald and news. [volume] (Newberry S.C.) 1903-1937, 1907-08-20

ansas, Mississippi, Louisiana and Ala
Dana are to the effect that the crop
IN these states is far below the con-
dltloh existing ut this date last year,
ana that the damage is such that no
condition from now on may repair
II. Last year the exact reverse was
the ease; the states east of the Mis-
Sissippl had poor prospect, while the
western states had Il comparatively
tile one. Information is being re-
celved by ME to the effect that these
western states are determined to
stand for higher price because the
cost OF making this crop has been
very heavy and the yield will be light.
and unless fair price is obtained the
Obligations incurred can not be met;
:" we have the promise this wear, by
necessity of circumstances, Texas
Will not sell her cotton 50 fast.
81 hope this year will be one in
which those who have disreyar,lcd
the principles involved in our struu-
%lr For namin" and maintaining a
price for cotton and have sold ahead
for future delivery around 10 cents
per pound, will be taught such prac-
tlcal lesson that hereafter we will be
rid OF this one element Of opposition
to our work in the south. I am fully
aware of the temptation that any cot
tom planter feels to sell his cotton
when The price offered seems to pro-
HiSe him something of a profit: an.!
[ am also aware Of the necessity for
'"d sufficient to withstand this
temptation and TO make the fight
with all parties interested in the price
of cotton.
"I have visited ~ counties during
the months Of July and August. AID
IN practically every county there WAS
manifested spirit Of determination
and enthusiasm which was cxcrtmclv
gratifying. and reports since our
meeting arc coming into this office,
indicating renewed interest and Il
greater determination to make the
association practically perpetual
business organization. | hope before
the year is over TO visit every county
III the state, as the work is one that
has to be continued so long as the
south produces and sells raw cotton.
| hope every county in the state will
not wait for y visit from the officers
OF the central Office. but will al once
lnau"uratc an active campaign for in
creased membership and he providing
of facilities for storing and financing
the crop Of their counties.
"I am asking the president of each
county to have the members Of the
Southern Cotton association sign the
following agreement and to furnish
! this office a list Of all the members in
their counties so signing. II is a SIM
pie agreement, and one that every
man in the south can sign, and is an
epitome of the constitution Of the as
sociation.
Agreement.
" 'We, the undersigned as members
of the Southern Cotton association.
holding certificates of membership,
with dues paid for the current year
-, hereby pledge ourselves to main
! tain by mutual cooperation and per-
sonal effort for the minimum price
as fixed by the association, to use all
legitimate means to keep all cotton
possible from the market when the
price offered is below that fixed by
the association; to cooperate, when
possible and necessary. in building
warehouses and forming building
companies; to use all possible means
i'll accord with business principles in
helping each other as members in pro-
tertin" ourselves in insurance. stor-
age and financing our cotton.''