The herald and news. [volume] (Newberry S.C.) 1903-1937, 1907-10-08
Tuesday, October 8, 1902.
LET TEE FARMERS STAND FIRM

IL Is DecOHlnS more ana more evil
dent every day that the Wall street
spectators are exerting every effort
to depress the price Of cotton, hoping
to take advantage Of the necessities
of the farmers until the crop has
been marketed, after which, the spec
9ators, Of course, would advance the
price.
From various correspondents
throughout the state we learn that
the New York spectators are flood
ing the mails with literature in which
they talk Of crop Of thirteen and a
half million bales, with cotton selling
before the season is over "at eight
cents or loWcr!"
Every man VINO is even casually fa-
uiliar with tho cotton market knows
that the demand for cotton il strong
and steady. The consumption is tho
greatest in tho history Of tho world,
with every indication that the de-
nand will continue unimpairod. The
spinners must and will have the cot
ton.
No one believes sincerely that the
present crop will be a large one. With
every reasonable allowance made,
there is not the slightest chance that
the present crop will be anything
like the large crop Of last year or
the larger one Of the year before
That the crop is short in Texas, and
in fact in all the territory west Of
the Mississippi, is we'll established
fact
We fully realize the difficulties
which the farmers in some sections
experience in trying to mold their cot
ton. when they have obligations to
meet, but it is only by adhering res
olutely to the purpose Of the Farm
ers' union and of the Southern Cotton
association not TO sacrifice the crop
by hurrying it to market that the
farmers can pro 'cct themselves.
This is cmphMical.y q time when
they should he given all the encour-
agement poSsibl, in their effort to
combat the Wall street spectators
who are trying 10 force down the
price Of cotton. Existing conditions
and future prospects Justify good
prices for cotton, and ii rests with
thc farmers themselves to say wheth-
rr they will stand firm and secure
the prices to which they arc entitled
or be stampcdcd by designing specu-
lators who are carrying on cam
paign Of depression.
The whole south should unite 70
support the farmers in their concert
ed efforts to get the prices to which
conditions cntitle them.
Their resolution will triumph in
the rnd.--.At.anta Journal.
The above is so true and 50 much
to the point that we civ. il place
here with our endorsements There
can be no doubt that this is tie time
above all others that have ever come
to the cotton growers for them tn
stand firm and they are obliged to
win the fight. 1t would take IA very
short tim" for them 20 do it if there
was united determination and cotton
was held from the market.
The fact that cotton goods are sell
ing on basis Of Is cents cotton. and
no one denies that. should be evidence
strong enough to convince the cotton
producers that they should have that
price for their cotton and the law of
supply and demand has absolutely
nothing to do with the depression in
price.
The Farmers Union Of this county
ISSUES an address to the farmers ask
'ng then to stand firm and they will
win. If they arc not going to do this
there is very little good in their organ
ization. 1t mas been claimed that the
farmers could never be held together
and we know it is difficult but this
is time when their own Salvation
depends upon their standing firm and
it is so apparent that interest de-
mands il that we cannot understand
why they should not stand together
and demand what is theirs.
We desire to direct attention Of our
cotton growers to the article. whicl,