The herald and news. [volume] (Newberry S.C.) 1903-1937, 1907-06-07
$$a9e, 100000 LOST TO SOUTH.
On the 100000 Bales Of Cotton
Taken by England--Cotton ~
a. & Growers See North. ~.

John Corrigan Atlanta Constitution
Washington, June 3.--''With ac
4 curate information rs to the yielj
\ OF cotton this year, we are confident
we will get IL cents per pound fol
our crop,' declared President C. c.
Moore, of the North Carolina divi.
sion, Southern Cotton association. to
Director S. N. D. North, Of the CEN
sus bureau.
Mr. Moore, Of North Carolina, and
W. II. Seymour, president Of the
Alabama division of the cotton as
soclation, are members Of the exccu-
tive committee of the association
and called on Director North to con-
fer with him in regard to q plan for
securing more accurate information
rs to the cotton crop.
What the Growers Want.
About ten days ago the state pres
ldcnts Of the association met in Biz
mngham and agreed to urge lcgis-
latlve action to secure periodical re-
ports on the cotton yield. The cot
ton growers seek to have laws passed
that will compel the ginners in each
state to make report under oath
every Saturday as to the amount
ginned during the week. Alabama
has already passed such law and if
is believed other southern states will
follow.
Director North, of the census Of
flee, had the whole program outlined
to him and expressed himself as be-
ing in entire accord with the plan Of
the cotton growers.
BY having the various states CO.
operate with the government to the
end of having accurate reports at
more frequent intervals, it is hoped
to reduce to minimum the uncer-
tainty and consequent speculation
incident to the announcement Of the
government estimate.
Other features Of cotton produc-
tion were discussed and Director
North outlined the method employed
by the government in sccurin" and
tabulatin@ The returns from tie cot
ton growing states as to conditions
affecting The crop and The yield So
cured.
Mcssrs. Moore and Seymour also
called in company with Colonel Liv-
lngston upon the commissioner OF cor
porations, under whose direction the
inquiry into tho methods Of the cot
ton exchanged Of the country is be-
ing conducted.
" Southern Cotton Warehouses.
"As soon as our system of ware
houses is complctcd," said Mr.
Moore. "and we have chain of
bonded warehouses in every southern
state from North Carolina to Texas
we will have nothing to do but to
take the keys Of these warehouses
containing our cotton and then we
can invite the exchanges to 10 their
worst.
"Thc farmer who is now forced to
rush his cotton on the market as
soon as ii is made in order to secure
the ncccssitics Of life will he rclcv-
cd from the pressure Of debt and
can keep control of his cotton until
a satisfactory price is offered.
South Tolls to Profit England.
"England is now reaping a profit
Of $l2 bale on cotton that she
bought Of us last year at Q cents a
pound and is today selling to Ger
many at II cents. On the 100000
bales. which England took Of us, this
represents profit Of $9G.000,000
which should have gone to the
south.'
"The bonded warehouses will be
the salvation Of the southern cotton
farmer BY enabling him to hold his
crop, it will put him in the position
where he can dictate the price and
permit the ,o!ton to 60 only where
that price is offered. Uniformity Of
action is necessary, but the growers
have become so thoroughly convinced
of the profit to themselves which will
result from their control of the sale
rs well as the production of the crop
that they are coming forward with
subscriptions for the erection Of
warehouses in their territory. The
sum of 100000 was raised in lust
few counties in North Carolina for
wnrphousn in NV Siotr -