The herald and news. [volume] (Newberry S.C.) 1903-1937, 1907-08-20
COTTON MEETING
TO BE HELD SOON
COUNTY PRESIDENTS TO DTS
CUSS PRICE OF STAPLE,
President Smith Talks-Outlook for
Remunerative Price Very Bright
Crop is Short in Texas.
The State, 10Th.

c':E;y rra cents of 'c South Cara
liEa Ctiitr sssociation -" b. hcl,i in
Columbia cl .ueust 80 has beer is
su"l ny i .sidtnt E. l.. smith. TA.
mec:in" = . be held ~ obtain an
c"ln'n:: r. his state the price
cf cotton fr The com, 8 season aa,i
the vote II state W. T.. ":>rm to
The executive 'mmittne ut il. mn": =.
IN: Il! Ja'>"H Miss, Scpirmbcr
b. which v", the price f. tlre year.
Mr.. Smith has issued the following
statement regarding conditions in this
and Otht" <tates:
"On September S, the executive
committee of the Southern Cotton as
sociation will meet at Jackson. Miss,
to canvas the situation and fix the
price for which this organization will
stand for the present cotton crop.
have issued call for a meeting of all
OF the county presidents in Columbia,
onAu"ust 30 to get the opinion of the
South Carolina division as to what
price, in their judgment, will be pro-
per.
CIT is needless to say that the out
look for remuncrative prices is bright.
However. it makes no difference. or
very little difference, how flattcrin@
the statistical position Of cotton may
be to The produccr, it will avail little
if he individually and collectively
does not cooperate with conditions to
obtain the best results promised by
favorable conditions.
eff there is not an agreement
amongst the men interested in high
price cotton rs TO what price they will
stand for, if there are not means de-
vised by which this agreement can be
carried into effect. then conditions
will avail little. The critical time. as
I have constantly urged, for deter
mining the price Of cotton is TO refuse
to market it, under any circum-
stances, in September, October and
November, unless the price is that as
fixed by the association.
"These are the months when the
greatest necessity is placed upon the
producer by virtue Of his obligations,
and these are the months wherein the
buyer and spinner get in sufficient
supply to control the market from q
period Of from three to four months
subsequent. Therefore the work of
the association, in order to benefit
themselves and to benefit those who
stand most in need Of it, is by ali le-
gitimate means to prevent the rush of
the cotton on the market at other
than our price in these debt paying
months.
"The condition of the organization
throughout the south was never SO
flatterinG as now; business men, in
cludin" the farmers ndothcrs, are
coming to a full appreciation Of the
work being done by the association
and the benefit that has been and is
being derived from it. The world at
large has recognized and is acknowl-
edging the power of the Southern Cot
ton association. as evidenced by the
very flattering reception given the
delegates at the great conference held
in Vienna, Austria, last May. Sure
~ those who have not given their sup
port to this organization. after the
three years Of our work and the I'M
deniablc success Of it, will now CO.
operate in maintaining an or"anZa-
tion which has been instrumental in
bringing about a condition in the
south that has been of benefit to cv-
cry man. woman and child, regardless
Of their occupation in life. The South
ern Cotton association, recognizing
that cotton is the currency of the
south and that the volume Of that
currency depends upon the price and
price depends upon the intelligent
action Of the Southern people has
made its platform broad enough to
include every southern man, and ev-
cry southern man, should be in
cluded.
No Large Yield
ri have covered the larger part of
the cotton belt since the growing sea
son, and in my Judgment. the out
look is not flattcring for large
yield; The demand is certainly for a
large yield. The dry goods trade and
the manufacturer of cotton goods ap-
preciating the fact that the demand
for cotton products is increasing fas-
ter than the supply, also that there
is being some intelligence used in the
sale Of the crop, have raised the