The Montgomery advertiser., 1907-01-18

l cotton spinning area of the world. | Through the propaganda of this asso- ciation. scattered broadcast throughout this beautiful land of Dixie. the South ern farmer is being taught to read and think for himself, to diversity his farm ing interests and make his necessary 1ood supply crops at home; to break up the iniduitous credit system, which has so long been one of the unfortunate legacies of the civil war; to cooperate among themselves and invite the aid of ! all legitimate Southern interests in the 1 fight to maintain the price of American cotton at fair and profitable figures. The highest ambition of the Southern Cotton Association Is to aid in securing prosperity to the rank and file Of Southern farmers; to see them, the producers of the natural wealth of our country. happy and independent; to see their children enjoying all the advan- tages of first class education and training. which will properly fit them for the avocations they expect to pur sue in after years: to see beautiful ru- ral homes, filled with many of the lux uries of modern life: splendid public roads. and wfthal, high type of edu- cated. prosperous husbandry. such as should be the portion of every member of the South's Anglo Saxon race. This association does not believe that the
 burden and the many intricate prob
 iems wrapped up in the solution of marketing future crops of American cotton should rest entirely, upon the shoulders of those who produce it.
 Recognizing the undeniable fact that cotton Is the basis of Southern prosper ity. the association takes the broad po- sition that every interest in the South should support any movement organ ized for the express purpose of main
 taining the price of cotton at high livels
 Realizing. further, that the annual exports of raw cotton from the South amount to more than $400, 000. 900. and therefore in excess of the combined ex- ports or all other farm products from the united States, and that the balance of trade to the American Union is main tained through the exports of our raw cotton. the association takes the ad- vanced high ground that the South's sldered sectional, but that in it's mar keting and manufacture in this loun- try. 1t should have the cooperative support sur & of all 1egitimate interests in banking institutions. NSo long as tbe South's cotton crop can be annually converted into s700. .o00. 900 of gold, with two-thirds of this amount coming in rom foreign countries, there can be no lear of financial panic invading the asricuitural and industrial develop ment 11e Of America. The associa- nenessarS n,oa neiieyss ,. that it is as a. class. to organize for mutual protecs tlon and the solution of those problems which specifically apply to the avoca- oion m which they are engaged. just as do the bankers and manufacturers the association has therefore endorsed the objects and purposes of the Farm CTS Educational and Cooperative Un- Ion lon in It's efforts to uplift and protect US members along legitimate and con- servative lines. But the solution of nigh prices for cotton can only' be se- cured and maintained through the eff tective cooperation and support of the .rfA and liberal constitution of the South ern Cotton Association. The members and ofhcials of the Farmers Union and those Of the Southern Cotton Associa- ton realizing the objects for which both movements are organized, should cooperate without prejudice or antag- onism for the sole purpose of fixing and maintaining the price of American cot CTS.
 Greater Success Possible,
 treat victories have been achieved dur:nG the past two years. even with ont perfect organization or sufficient funds to meet the requirements of the situation, nevertheless the foundation has been laid and the pathway to per Inanent successes in the future is being merits of American cotton have kept apsce with the abnormal productions d1rinE the past three years. The sup plles from the two crops of 1904-5 az
 
 passed into consumption with an un- abated demand for every bale that has been produced in 1906. While the aver age annual consumption of American dous total of 12.500,0 900 bales, vet warn you that any production for 1907 materially exceeding that figure will to certain extent. at least. prove dis urge and appeal to you, with all the power ct my command, and with a futl kn0wIeCge ot the cotton situation, tc De conservative and moderate In plant
 uS the cotton Erea this year. and to Increase as far sss possible the acreage In necessary food supply crops. It is a well khcwE fact that manufactured cotton goods are selling at higher prices than for many years, and that the demand for the jobbing and retail trade cannot be supplied by the num- Der of sptndles now in active operation 1T our systems of warehousng, f1nan- cing and marketing slowly the cotton crop were perfected. we could have sold the present crop on a basis of twelve cents as eaEly as ten cents. and netted to the south $l25,00O.000 more ment to the spinners or the cotton trade of the world. It Is not wise to supply the trade with surplus of any commodity, and this Is especially true of cotton. It is therefore of the high sst importance to press forward the building of adequate warehouses and tne preparation or feasible plans DV which the crop can be protected and P.arcd on the markets in such ouanti ties as to meet the legitimate and nec- essarY demands of the mills.
 The association has no desire to inau- gurate any system which would jeop- ardiZe the cotton milling interests of the country. We invite the co-opera- tion of our milling interests to secure an abatement of many of those evils from which the producers and the spin ners are jointly sTffering today, and to aid In the establishment of stable prices that will be profitable to the growers. What our people need above all things intrinsic value of their staple in it's relation to the cost of production, and the needs of the consuming world The percentage of the increase in the price Of cotton shCuld be kept on a parity Irices of other staple commoritiesshr With the increasing percentages in prices of other stapte commodities. Gotten IS tEe most staple crop in the world, and as the cc st of production in creases tie prlCc ot the staple must also advance espondingly or else the growers must suffer the lash of poverty in producing a worlds neces- sity.
 The associati0r is committed to the policy of Erad' ally bringing about dir ect trade between the growers and | spinners and eliminating as nearly as | possible all conflicting interests. wno are detrimental to or present obstacles | to the best and surest means of hand ! ling the south's cotton crop to the best