The Montgomery advertiser., 1908-09-16

'The Fsrmefs' Union saved the S.ate millions of dollars because of me stand that you took for fifteen cent cotton, You couldn't get that price. but by taking 1t of the masket you raised tfe price. and every cent above eight cents was saved to the State and the South.
 There are no mills in the State making money to-d4s, beca1ss of the unsettled price of cotton. If the price could be fixed at dime a pound, the whole question would be settled. If you would simply make up Sour minds to a dime a pound, which will pay fair ly well. 13,00o,000 bales would bring s650. 100000.
 You. have one salvation. and only one. You must stand together. I was talking to a farmer in the northern part of the State who said that just after the war they made a crop on bread and water.
 Sixty per cent. has been suggested. I believe that seventy per cent is not too much Seven cent. middiing cotton Is the best collateral.
 Joseph gave bad advice. He should have made the people build granarIes. You want to build independence!
 This State is built entirely on the farmers of the State. Even the Bir- mingham district depends upon the farmers. And 1t behooves the bankers and business men of the State to stand by you. If you all stand by good price the business men will not be hurt, you can hold that cotton till the cows come home"
 If the farmers don't get more than eight cents for the cotton every farm CT will be In debt. Our people have felt better toward our bankers and business men ever since this step was k.lr nAf the Opelika Commercial Club.
 The Other Speakers.
 T. H. Rennie. president of the Pell City Manufacturing Company and president of the American Manufac- turers' Association said that If the price of cotton were fixed the manu- facturer could do business better. for the manufacturer. The Farmers Union said that the price should be fifteen cents. but they didn't stick to 1t. Where is the manufacturer who buys at l2 cents on the assurance that the price will be maintained when his neizhbor later buys at 8?
 If the bankers are willing to help the farmers get fair price for the raw product, we hope that the same gentlemen will help the manufacturers to get fair price for the finished product
 W. D. Seed, State Treasurer, esti- mated the crop at twelve and a half millions. He said that he believed the price will be much above eight and half cents
 believe that cotton Is king. It is the greatest factor In determining the balance between these two continents It determines the prosperity of Amer ica and the prosperity of America determines the prosperity of the world.
 Just as you farmers help yourselves so will you help the price and help your nation. You will find that the other States will lend you q helping hand. I suggest that you cooperate with the other States along these lines.'
 Col T. G. Bush and others expressed their belief that the prosperity of the State deDends upon the prosperity of the farmers and that they should have all the assistance which can be given them.
 H. E. Reynolds of CenterviIle: A. G. Forbes, of Montgomery; Joseph H. Smith. of opelika: s. T. Jones. of Gainesville: Michael Cody. of the Ex. change National Bank of Montgomerv: N. P. Renfroe of opelika: Louis B. Farley, of Montgomery: Albert c. Par rish. of Selma. sent good wishes and regrets at not being present. Resolutions incorporating reccm- mendations in the spirit of the meet ing were introduced by Commissioners