davidaulloa/AmericanStories huggingface dataset:
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
INSURANCE. co. WAR MAY Be INNOCENT
Kendall and vickers il
State Prison


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va arrested 40 AshrtiEie anH brought
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THIS week. on bengh warfauta -
sued rs Juagr Wood. a hp ts Hou nut.f
4 court at Nputan. o~t8crfz agfesltN
i've other young men tu t.e..aif aft
tnok thsm - Nevt"u f9r q pfsltmta
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sam Green an .mplayr Ia use Ntt-.u
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Furniture COMPANY
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nothing nb s.. tie mutdcf nat aua-
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The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
THE RALEIGH OAl
November Twenty-seve,
at Jamestown
Mayor johnson say " " IA Held Thai
fhc Date VII Probably sts We'd
nc-Iay tItc fwenty-~rssuut
aud Low Rate VIII
Prevail,

There IS being expressed a strong
desire ~ the citizens OF Raleigh thai
there be a Raleigh Day at TIE
JnmeStown Exposition. az has beer
suggested
While Tuesday. IA twcnty.nixth -
November was tho nrSt date sp0keH
III TIA. great majority of tie people
favor having the rr5e Nci f1f W@Ane-
day. the tSerty-seventh 81 Soycn
Der
This IL bccauSe on Thuraday -.
twents-etghth there Will take plh[
in Norfolk the Thanksgiving football
game the elrvtnH or the a
and NJ and the Iniy"rrlty 81 Nlt
GINA Many people IN itaieigh au[
%orth Carolina want 10 S"e that garI
and WiIl 60 on "Wednesday 20 ~ % n
al the Exposition on Raleigh DAY
and viii remain over Tor the football
game on Thursday
Mayor johnson said yesterday thJ
he Mas In favor Of having the umt
st for the tw-enty-@eveutE II there H
10 be = Raleigh Day. and that De-
thought that a larger crowd would s
80 a. to also have an opportunity I
witness the football contest
Major Charles II Gattis frer"iinf
raseenger agent 81 the Ul
take up the matter of special rat"
fcr tho day. and IN round trtt ucktb
arc put at $3.50 10 $500 Is blg erca'
viii 20 a. The exposition Vli be In -
glorv that week. Major Caftis sA-
nat IL the indications are Tor = ~
crowd he wfIi arrange 70 haze "A $40
cfaI train for the rip
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
Prices Texas Figures Not Correct.

Theodore Price predicts that the
cotton crop will be 1850 bales. Mr..
Q. H. Jenkins. of BrOWnwood, Texas,
in the Houston Post, says the farmers
can win the fight if they stand firm,
and adds:
The decline in the market is based
me the estimate given out by Theo-
he places the cotton crop of 1907 at
may know just now unreliable this es-
innate is, I give the following facts:
He estimates Brown county at $4,000
bales. Last year Brown county raised
39,445 bales. This year it will not
raise more than one-fourth of that
amount; certainly not more than TO-
OG0 bales, instead Of "a, 600 bales. My
information is that the whole territory
Of the Santa Fee, west of Brown coun-
ty, including Coleman, Runnels,
ConchO Tom Green and Coke coun-
ties, will not raise over $4,000 bales.
In this territory last yea Coleman and
Runnels alone raised S2,216 bales. If
Prices estimates are as unreliable
elsewhere as they are in the territory
in which l am acquainted, no
should be paid to them at all.
Hold your cotton, at least until the
g%inners' report in December is in, and
I think that you Will then see that
the crop Will not exceed $4,000, 600
bales. If YOU will only stand firm you
will get Is cents, even though the
crop should prove to be 100000
bales
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
Money and the Cotton Crop.

Writing in the Charleston News and
ourier on Money and the Cotton
'rop, Mr.. J. f.. Wannamaker says:
For forty years, through ignorance
md poverty and lack Of cooperation
he farmers of the South have allowed
hree gentlement of the New York Elk
mango to absolutely fix the price of
me South's cotton crop-a prime ne
'eSSIty of the world! For forty years
armers. merchants, bankers. local
'u> ers have accepted the 'dictun' of
these gentlemen OF the New York Ex-
mango Thus the South has been
o0bed of hundreds of millions of dol
as Who can estimate the suffering,
hstress and poverty caused by these
,eutlemen of the New York Cotton
-~zchange?' OF last the latent manhood
The South has cen aroused, and
.o" there are two powerful organiza-
''iis lighting in behalf of the farmers
inc southern Cotton Association and
a.. farmers Union. These organiza-
'o.s nave fxed upon 15c. as a fair
ao feasonable price for cotton. !
MAINTAIN that the price is fair and
~5aSohable, and that the farmers will
o "ut If they can get the proper
,-0lNlal backing. The power and in
"IeLt strength of the cotton growers
Nas Iuliy demonstrated in the
-'7 campaign Of 1905, and they are
"4oA stronger and better organized
quay n New York Journal of
.rri.-merce, October 19, 1907, says:
cotton goods market has been
,,,a."lng in price for owe two years.,
ais, II" ne tremendous pressure for sup
mr. curing 1905 and 1906 and we'll
w. 54lN year, has carried the general
C'F, "f prices IN to q point not reach
- years" Messrs. Hubbard
NJ 60. in their circular letter Oc-
g-'- -, 1907, says: 'Spinners, while
,~gie of the holding movement. are
aIr.5ea over the continued light re-
r- I'D the Southwest; in fact, the
yor3o'tS from the Texas crop grow
r.. 4aIl\. Mr. FlliSon's estimate OF
g.4SumptiOn of cotton for 1907-0S
o be small in view of the poor re-
hon 1mntNlNg from the India cotton
H tn mus We have light receipts and
Ia END Of the week the smallest
NnnDly Of American cotton for
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
Manufactured Cotton.

1t is not at all strange that the
present financial situation is making
itself felt to a certain extent in the
cotton goods market. Indeed, it would
be surprising if such were not the
case. The general feeling, however. is
M of optimism and the larger fac
tors hold firmly to h opinion that
there IS no cause for actual alarm. 1t
is admitted on all sides that the mar
ket has been in general dull, Il be-
yond a doubt the present ~stringency Of
money has considerable to do with it.
In spite of this. mo- a little Q
agement is to be gained from the fact
tina prices are holding firm in some
sections. even If buying is inactive.
That mea hat the moral ton of the
market is practically just as good as
ever, and tha is saying a good deal
under existing conditions.-American
Wool and Cotton Reporter.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
why Farmer Should Not Sell Cotton.

Francis H. Weston, secretary OF the
South Carolina Cotton Association, IS
sues an appel to south Caro1lnlahs 20
hold their ct,ton. He writes:
In view II the fact that cotton
upon which the prosperity of the
State is dependent-has fallen from
10 cents at the opening to abou 10
cents today and its tendency seems
still downward. l deem it my duty as
secretary of the southern Cotton As
ISOLATION, South Carolina division, TO
make this appeal on behalf OF the
business interests of South Carolina
The loss to the State on account of
his depression IN cotton can hardly be
realized; a loss of SIS to the bale. or
in ease the State of South Carolina
makes one million bales of cotton
s15,oOO,0O0 far more than the as
sessed value of the property OF most
any county in the State.
This downward tendency of cotton
can be checked only in one way. and
hat is to withdraw the cotton from
the market. To continue to offer it
for sale under these circumstances is
but to assist those who are hammer
ing the price of cotton down. y
Southern man who will sell his cotton
under these circumstances, exec t un-
der the most pressing necessity, IS
nothing more or less than a traitor to
his country: his position is that of the
contemplate East Indian who allied
himself with the English to shoot
down his own people and assist in
co~nouering his own
They tell us that the farmers OF
Texas are demoralized. l have before
me a dispatch from the Farmers As
ISOLATION in Texas to the effect that
thew are not selling their cotton, but
EXPECT to hold TO the last ditch
You can not help the situation by
selling YOUR cotton; the only thing you
can do is to withdraw every bale Of
cotton from the market until its
downward course is checked. The
mills actually need every bale you
2. and if YOU are loyal to your
- the best interests of the
i will hold your cotton and
receive better prices"
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05

tne iast hve years, together with an
increased demand from %spinners and a
propaole change IN crop ideas. It now
seems probable tina the yield his year
VIII not reach the requirements of the
The receipts at the ports are
running light, just about two-thtrds OF
iaSt years receipts. And yet, owing 10
me speculative manipulation Of cotton
futures, aided by the gamblers panics
In New York and by those farmers
WHO fOOlishly sold cotton ahead. cot
ION Is W than 1t has been for more
than a year. The Secretary If the
treasury saw fit to deposit s30,000.00O
OF the public funds in one day In New
York to relieve the money market
from a gamblers panic in stocks.
Nhei Representative Burleson, Of
Iexas, tried to have $40, 0O0. 900 OF the
pubic funds deposited In the South
eIh national banks 10 aid the m
IN their struggle to keep from sacri-
iiclns tnelr cotton he met with a re-
pun. Already we are old that the
trade is looking for d further decline
epon tne idea that the depression in
circles viii compel the mold
ers OF cotton in the South to press
thelr cotton on the market for sale"
heretofore, we have been told that
there was plenty of money, but the
'collats' were scarce. Now we have
gold dust security in the shape of cot
ton warehouse certificates, and the cry
Is tight money or no money 1t is
a very serious situation, it calls for
cool heads and clear thinking and
plain speaking and vigorous action
Let bankers and business men do their
utmost TO relieve the situation. Let
the southern press speak out on his
vital question. Let our Senators and
Representatives in Congress bring to
the attention of the nation this lack Of
money to do the legitimate business Of
the country and bring about the need
ed relief. Representative Burleson
truly says: If the cotton producer is
forced to sell his cotton because the
banks will no longer lend him money,
and for the purpose Of bringing for
elgn money into the country for the
relief of the stock market, it Will mean
that the crop Will be sold for about
S160,000,0 900 below what it should
bring, and that the advantage of his
forced sale will accrue 70 the foreign
purchaser, and that much money
which should come to this country go
ing into the pockets of the farmer
will be held abroad. Mr.. Editor, the
chances are SO in a 100 in favor of
the farmers winning this fight if they
can borrow a reasonable amount of
money on cotton warehouse receipts.
If this cannot be done, then something
is radically wrong"
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
FUNERAL OF MRS. GRIMES.
To he Conducted From the Church of
the Sacred Hear at Ten O'Clock
This Morning.

The funeral services Of the late
Mrs. william Grimes viii take place
at the Church OF the Sacred Heart At
ten O'Clock this morning. conducted by
Rev. Father Grimm The i~nteTrnent
will be in OakWood cemetery
The following named gentlemen Will
act as honorary pail bearers Messrs
r. II. Battle. r. : keenan,. r II Jones.
f. 6. smith. a y. Hawkins. Z II
Lewis. Charles z Johnson and
Charles Mckimmon. The active
pail bearers will be Messrr william
BovIan. Charles Root. r T Ward W
p Bachelor. w. W vass. Joe r Fer
rail-. Edgar Haywood and :. F. Telfair
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
The Decline i'm Cotton.

The conditions which have brought
about the temporary decline in the
price OF cotton are due TO causes en-
tireIv foreign to the market.
Cotton is lntrinsically worth as
much as it ever was, but the mills are
not able tC secure at reasonable inter
est rates thu money with which to
hi1y the stocks needed for their bust
reSS.
That a reaction will come irevita-
bic. How long it will be postponed,
it is difficult to say. The cotton farm
ers are in an unusually
condition. The value of their pro-
duct has temporarily deprecated, not
because it is not needed, but because
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
He Fought at Gettysburg.

David Parker. of Fayette. y. Y,
who lost a foot at Gettysburg. writes:
Electric Bitters have done me more
good than am medicine ever took.
For several years / hda stomach
trouble. and paid odt much money for
medicine to little until | be-
gar taking Electric Bitters. |
would not take $500 for what they
have done for me-" Grand tonic for
the aged and for female weaknesses.
Alternative and body builder:
sure cure for lame back and weak
kidneys Guaranteed by all drug
giSts- soc.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
Farmers Must Diversity CrOp.

The 1907 cotton crop is undoubtedly
short and yet cotton is selling at only
q little over 10 cents.
Suppose he crop was large-sup-
pose the croD had not been three
weeks late in Texas; suppose the first
two paintings had not been killed out
in the great Mississippi Delta-that
immense alluvial tract as fertile as the
Valley OF the Nile; suppose unfavor-
able conditions had not shortened the
crop in every other State:-suppose,
in short, that the crop were 100000
bales larger than it is. as under an
even ordinarily favorable season, it
probably YOU ave been.
Under such conditions would not
the bears be able today to force cot
ton prices down to 7 or s cents?
And this is a possibility of next fall
that our farmers should even now be-
gin to reckon with.
Let us then sow more grain-our
people should already have sown al
falfa and clover-and prepare TO
keep next years cotton and tobacco
CROPS within bounds.-Progressive
IaT4nPr.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05

A prominent cotton manufacturer
in North Carolina sends the following
for publication:
Mr.. William Tattersall. the we'll
known statistician Of Manchester,
England, states that Great Britain has
in operation 100000 more spindles
than at his time last year, and has
6, 900, 900 additional in course OF cree
ton. This is an increase Of 10000, 600
which is more than the total spindlcs
in the South today.
These figures OF Mr.. Tattersall.
coupled with the fact that India crop
is 10 per cent. short, makes It evident
that the consumption of American
cotton will be we'll over 1900, 900
bales this season.
On the other hand the English cx-
pert, Mr.. Buston, after a trip over the
cotton belt is reported to estimate the
crop at 100000 bales, and Mr.. Bus
ton never underestimate a crop.
Adding to Mr.. Bustor's estimate the
visible supply of September 1st. 1,300,-
GOO, we are still several hundred thou
sand bales short Of amount required
and 1t will take Mr.. Thee. Price to
figure where we can get a visible sup
ply for the first OF nex September"
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
Conveyed Wrong Impression.

The statement. copied yesterday
from the Selma News, attributed to
Governor Aycock was not correct. He
gave no interview for publication and
the impression that ne was criticiZing
the people Of the Fremont lection was
foreign to his OF course ne
feels that the editor dill not intend to
put him in a wrong light.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05

The Southerner never takes any
stock in the opinions expressed by
Theodore Price on cotton, believing
that they are uttered for a selfish pur-
pose. Being a bear" he has given out
figures TO show a large crop. He pre-
diets that the cotton crop will be 49,
100000 bales. G. H. Jenkins, Of
Brentwood, Texas, in the Houston
Post, says the farmers can win the
fight if they stand firm and hold their
cotton until the December ginners re-
port is made public.-Tarboro south
ernpr
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
Raleigh Company Incorporated.

A charter Was granted yesterday to
the Hunter-DreHry Company. OF Raj
Gig the objects being 10 conduct q
general real estate and rental business
and TO act as agent for Insurance or
bonding companies. The apital
stock authorizes Is $4,000. subscrib-
ed 5000. The incorporators are
Messrs. j. ". Hunter. John g Drewry
and j. =. Hill
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05

The sudden drop in cotton is a
great hurt to the farmers and the
general business world, particularly
just at his time when deb are due
and many of them of such a nature
that they cannot be put off. 1t is a
regreablc condition in our affairs Of
government, hat while all the manu-
factuIers of what the farmers buy
VIA he eats, wears and works with
the wealthy spectators and money
sharks, have protection thrown
aroun them. that the farmers cannot
get some also. it'll this short crop
and all other conditions taken into
consideration, cotton ought to be
bringing II or Is cents on the local
mark cts, if not more and at present
prices OF what we buy to make it with
and to live on, farmers cannot pro-
duce it at a profit for less than II
cents and with a half crop, he will
fall in deb at that price and here il
is selling around ten cents. He ought
to have a profit as well as other class
es. Our friends, the Republicans.
Who claim that Rooseveltism means
- cents cotton ought to call on him
now. Sampson Democrat.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
BUYS PAPER
MIR. {. l. ~%tryef1-, of the View Err
Journal. j. aI-o 10 tie
Warrington Mers-uger.

II Is reported that the WAshinEto'
N~c~scnger an afternoon ape tn "a
progressive capital ~ the Fatpiis
sectian. has p21Hed lutJ the hauf"
Nr. Charlie l. stevens. editor of ~
New Bern Journal. who viii c0n1u-
both papers Ar stevens - = prtsfl
cal and successful spaper nia
and wili appls the same buglBcs
methods that have made tne New Bier
Journal u prosperous ana succcssfJ
journal
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
\ Significant PRAYER.

May t..c Lord help you make
Bucklen's Arnica saire KIN - All
writes j. q jenkins of Chapel HlI
y. = II quickly took the pain u
Of . feiou for me and cured il In a
wonderfully short time" Best on
earth for sores. burns aud wounds.
CSC. az all drug stores.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05

Since the Wall street gamblers have
seen At 10 lower the price of cotton.
the m are justly holding il back.
After awhile they viii be anxious for
the fcecy staple at is cents per pound.
Just wait and see.-Goldsboro Head
liRhf
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05

count OF the tight money market
This is one OF those occasions when
the Ia EB OF supply and deinand have
been set asids. not by immediate spec
ulation, but b. a business disturbance
which affects the money market and
thus indirectly every line Of trade and
commerce. To this extent IL has tenn
porarily halted the marketing Of the
crop at fair prices
But with restored confidence the re-
action will come and cotton viii GO up
againt-Atlanta Constitution.
{ :. Barrett. president OF the Far
mers' Union saws:
The New York exchange has told
cotton TO our customers. the ~spinners.
for delivery November, December,
January, AMI February at a price far
below oul minimum. and must deliv-
er the goods or put up the cash. The
only thing for the farmers to do to
put them out of business absolutely Is
TO hold every bale Of cotton out OF
their hands. There has not been
enough cotton delivered in the last
sixty laws to run the mills for this
period by 400. 900 bales.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
Yield 11.oOO.o 600 Bales.

The report came from abroad that
Mr.. customs estimate of the crop
would be in the neighborhood of H.
600, O00-in fact. it is the rule now,
rather than the exception, these re-
duced crop estimates. We still adhere
to our opinion so often expressed tnat
this eyar'S yield will be under 1l,OOO,-
900 bales. The India crop, according
to our East India advices, is 100000
bales short and that Of Russia 100000
bales short. Where the mills are 70
get the cotton to keep their spIndles
busy we fail to see.
The contention is, high money rates
will prevent an advance in prices;
look at December contracts 40 points
premium over forward deliveries when
money was loaninG at 100 per cent,
then at March contracts at the dis
count. at which time money will likely
rule around 2 IL to ) per cent, then
figure the possibilities for prices with
spinners as well as bears and inves-
tors falling Yer eacn other TO buy
cOttOn.'-Carpenter, BaggOt & Co.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05

Mr.. G.. c. Moore, the president OF
the State Cotton Association, writes:
The same depression that has caused
the decline in price of cotton, also
caused depression in price Of yarns
from southern mills. Let all interests
work together. hold cotton from the
market. and force both raw cotton ana
cotton yarn prices to advance 10 thelr
commercial value
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
Why Cotton Is Down.
(Snow Hill Standard.

The possible panic and prosecution
of the American Tobacco Company by
the United States Government are
given as reasons for the slump in the
tobacco market.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
same Way All over The state.
(Ravbo-o sentlnell

The car on the p .. and ". from
this place TO New Bern goes crowded
now nearly every day. a good many
having to stand. We hear consider
able complaint about having To pas
railroad fare and then stand up all
the way
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05

Cotton selling near down to ten
cents brings but little of the fleecy
staple to our town. We believe that
you are right, farmers, to hold out for
higher priceS-SnOw Hill Standard.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05

The goods market: First-hand oper-
ators in the dry goods trade are going
slow in til matter Of purchasing cot
ton goods. They feel hat some lines
of brown and gray goods will sell
on a lower basis before the middle
of next month, and they are content
to await developments. Fancy cottons
continue to sell freely in jobbers'
hands. Cotton yarns are not In heavy
demand. although prices are down
considerably
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05

Most any girl is attractive to men
unless she knows enough to be able
to earn her own living.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05

Commissioner of Agriculture r. T.
Millner, of Texas. has issued another
address to the farmers of the state.
urging them not to become panic
stricken over the financial furry. but
to continue to hold their cotton for
Is cents.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05

A Texas wire says that farmers are
l~oaning money tc neighbors not so well
fixed as themselves.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
count Of the tigh, money market

the spinne-s and manufacturers ar,
postponiilg their purchases on az
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05

Wall Street is playing cotton by
watching the stock ticker instead of
the cotton picker as it always does.