The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1908-01-24
THE LAW OF SUPPLY AND De.
MAND.

The law Of supply and demand is
imperious. and will control. Now do
not think that Co-Operator Is revrrs
ing itself, or changing its position, 80
many times expressed and maintained
on this question Of the law of supply
and demand. Co-Operator has always
commended, and does so still, that no
cotton crop has ever been raised or can
ne raised on the ac"oage of land in
cultivation to supply the needs Of
the world for cotton and COTTON prod.
ucts. Our idea Of supply and de-
mana, as above referred to, is simply
tils: 1t takes nearly a year to pro.
duce cotton crop and it ought to
take somewhere about the same length
OF time to sell, but when it is rushed
on the market and dumped at any
| price offered, then the supply (on the
market) Is greater than The demand
(or the market. This is the supply
ana demand it Is Intended for the
sealing price to be avail itself of. When
the bumpers overcrowd the market
and prices drop below minimum flg
ures. Union cotton stays in the ware
houses. When the prices 20 I'D to the |
minimum prices. or above, Union cot
tor Is on the market, and the result
Will De, especially after September ev,
cry year, that In nearly every case
Union cotton In the warehouse will
fetch more than the minimum pr,ce
ana what applies to Union cotton will
apply to Union grain In Union ele.
Vators, and Union truck In Union cold
storages. With this system In effect.
and 1t surely ought to be put into e.
tect he world will look on with ad.
miraton, and with respect for US. The
CRATER and Spoilator would see that
the day of his passing has come, and
mat there Is nc more picking for then.
IN the cotton fields OF the South, in the
grain fields Of the West, in the or.
chards and vineyards and truck fields
in any agricultural enterprise any. !
Where IN the land, and he would gnash !,
MS teeth and swear, but he will re-
spect us and admire us in his heart. 8
and mind. and congratulate US that We ,
nave at last awakened and gone back +
70 doing business In practical, sen.
sible, business way
INJUSTICE in this plan? Nothing that
'ne can conceive Of, or even imag.
ne. Is there any business concern In
hese modern days that let's the mar. e
let-the trade-ix the price? The Il
standard OH Company does not do 50. C
me United States Steel Association sc
Ices not do so. The great n. eat pack. a
ng establishments do not do 80. The C
abroad companies do not do so. But re
MS system would secure our own al
rice. That is certainly Just, ana liz
'hateVer is just is honest and hon. HI
raDle. 1t wolAd be within the pale fir
l the laW-nor by jugglery, or sub. by
erfuge,' but openly. squarely, fully, un. fe
sserVedly, and strictly within the til
ale OF the law in its every provision be
no injunction, mandate and inhibi.
on. That is the kind of trust the tw
armers' Union would be. An open
10 above board, and just prices for Of
Irm products of every character the ~.
arlous soils and climates of the Unit. %
States will grow, and doing it ALSO.
tely withoue conflict with the law.
1t IN accordance with and In main.
nance OF the law. Not in restraint
trade. but In the furtherance. do I'm
and growth of trade.-Na reg
'nal Co-Operator. low