The Huttig news., 1908-01-25
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 revers- ing itself, or changing its position, so many times expressed and maintained on this question of the law of supply and demand. Co-Operator has always contended, and does so still, that no cotton crop has ever been raised or can be raised on the acreage of land in cultivation to supply the needs of the world for cotton and cotton prod ucts. Our idea of supply and de- mand, as above referred to, is simply this: It 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 Con the market) is greater than the demand (of the market). This is the supply and demand it is intended for the scaling price to be avail itself of. When the Jumpers overcrowd the market, and prices drop below minimum fig ures, Union cotton stays in the ware houses. When the prices go up to the minimum prices, or above, Union cot ton is on the market, and the result will be, especially after September ev- cry year, that in nearly every case Union cotton in the warehouse will fetch more than the minimum price, and 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 it surely ought to be put into ef- feet, the world will look on with ad- miration, and. with respect for us. The grafter and spoilator would see that the day of his passing has come, and that there is no more picking for them 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 his teeth and swear, but he will re- spect us and admire us in his heart, and mind, and congratulate us that we have at last awakened and gone back to doing business in a practical, sen sible, business way
 What is there or can there be of injustice in this plan? Nothing that one can conceive of, or even imag- inc. Is there any business concern in these modern days that let's the mar ket-the trade-fiX the price? The Standard Oil Company does not do so. The United States Steel Association does not do so. The great meat pack ing establishments do not do so. The railroad companies do not do so. But this system would secure our own price. That Is certainly just, anu whatever is just Is honest and hon. orable It would be within the pale of the law-not by jugglery, or sub- terfuge, but openly, squarely, fully, un- reservedly, and strictly within the pale of the law In it's every provision and injunction, mandate and inhibi- ton. That is the kind of trust the Farmers Union would be. An open and above board, and just prices for farm products of every character the various soils and climates of the Unit ed States will grow, and doing it abso lutely without conflict with the law, but in accordance with and in main tenance of the law. Not in restraint of trade, but in the furtherance, de velopment and growth of trade.-Na tional Co-Operator.