The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1907-10-21
COTTON GROWERS
AND MANUFACTURERS.

There has been much discussion
about the price OF cotton and the
methods of handling il. Few prod
nets have suffered so mueh In their
market at the hands of the bucket
shop and the gambler. Long years
the cotton grower seemed at the
mercy Of the Spectators, but there IS
a new era and a new deal on ana
7rstice TO the son Of toll who pro
duces the staple is now at hand.
The Farmers union is the new
factor in the equation and the pres
ent indications are that Il will do
great deal to steady prices. economic
In handling and guarantee prohtaole
production.
The one great consideration is to
gei TIE spinner and producer in close
touch and also to provide advances
tn needp farmers so that they will not
be compelled TO sell at once to meet
| immediate necessities. Wf:h these
problems the Farmers union is cop
| ing very successfully
some Of the discussions pro and
con AT the recent meeting Of the in
| ternational convention Of cotton
growers and manufacturers at At
lanta are not only interesting, but or
| financial importance to the people OF
toe new state.
There We're some spicy things said
Thomas Coates. an English spinner
| representing combination of 20
spinners and 6.O00000 spiadles under
the name of the Cotton Buying Co,
Limited. addressed the convention,
He said that he came with 100000
living in bank ready to invest In cot
ton. and If the farmers were prepared
to do so. the Cotton Buying Co, Lam
| tied. OF Oldham Manchester and
| Liverpool stood ready TO buy of them
or to receive their cotton on consign-
ment and that honest fair returns
would be made for Il.
! Another Englishman had his say,
| William Howarth. an English spinner.
said that the declaration Of the grow
er that he was willing 10 get In close
relation to tie spinner at 10 cents
surprised him "The price said he,
'is fixed by the poor Indian. and the
price he can pay for his shirt The
/ law OF supply and demand must ana
win FIX the price OF your product
He declared that in Africa 10000,0e0
! negroes grew cotton. which sold In
! Liverpool M eight cents, and every
body who handled IL made a salts
| factory margin of profit on H.
This brought down on his head
some warm blood
r. d. Smith. OF South Carolina, de
elsred that the cost OF production of
American cotton would never be fixed
hy the Hottentot the Indian and the
En@lishman. that its cost here would
he determined by the protection Of
! women. the comfort OF the home and
the education OF children We are
! going to upset and revolutiouize the
business methods which have prevail
ed for 40 years, declared the speak
en-" and we intend that the man who
tolls in the heat Of the sun and
bathes his brow in the sweat Of labor
shall enjoy The fruit OF that labor
r. A. Calvin OF the Farmers union
commented the utterances OF Mr
K Coates the Engish spinner. ANY
time the purchaser steps iato our cen
! tral warehouse 10 bpy we can sell
100. 600 bales or more OF even grades
How he asked. "can this economi
cal method OF handling cotton be inn
proved onf'
| Herr Kunler OF vienna, declared
that the foreign spinner was anxious
70 establish close and direct trade ne
lations with the growers but that the
farmers must SO arrange business
, that IL could ho conveniently rams
acted as Is now the case with th'
\ middleman III YOU wish 10 trade
direct with us. said he. you mus
not fix the price arbitrarily az Il
cents and you must give us hette
I service than the merchant Pacl
your cotton better than you do nov
and study the market as the mel
chant does aow. SO that your specia
grade Of cotton viii be offered wher'
/. wanted aud You viii profit by IL
Don't M an arbitrary price High