The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1909-08-18

and our cotton gathered into cotton sheets
This my friends, would create other and.
great sources Of demand for our raw cotton,
and will aid In sitting the wall OF over pro-
duotion that is continuously tcleached into
our ears by our enemies.
Let Us see gentlemen; taking q Il. 10000 0
bale crop as a basis. this will require l0S, 600
yds OF Begging or syds per bale as a sufficient
Now il this bagping is made to weigh one
and one bali pounds per yard, $4,000 bales
OF cotton will be !hus consumed 10 say moth
ing OF the great amount hat will be required
for bags and sheets.
This Of courre will require the placing OF
machinery in the already established facto.
ries OF the country, or The erection of plants
for this express purpose. 1t 1s no heIcuIe-
must be done.
Mr.. Chairman, there is right here In this
State, and throughout The south. enc Of The
greatest trusts that txibis " Today.
upon The very vilaIs OF onr IbImers until II
has grown fat, and We have 1tmaintd per-
IectIy quiet and submissive while The rob.
berry has been goiI Z on.
trust. II IL true as was recently claimed by
The President OF this concern 10 this Stale
that they have con verted what was cor
sidered q Jew years ago as an almost WORTH
less product into wealth giving commodities.
1t 10 tue they are nlBkIEg The very purest
and best lard, and The most valuable OF the
component parth Of q perfect fertilizer from
our cotton seed. This OF course. creates a
greater demand for them, and makes them
more valuable. But this ia DO excuse for the
high handed methods employed by this trust
for taking our reed Tor less than q fa1r, q req
sonable price. ] have some figures given me
by a superintendent of an oil mill In this
State, that I will present 10 you just as given
10 me by him: figures that will prove enor-
mems profits that these mills are making,
while The farmer as he usually does suffers
loss. From a ION OF cotton seed The mills
make zoo lbs OF meal, for which The trust re-
ceiyek $40 per hundred or ITO 500 lbs OF bulls
al 80 CHS per hundred S2iO 4OgalIons OF crude
oil, IS OTIS per gal Sl4, 40 lbs Linters at 2 cts.
per pound so cts: therefore realizing S2S.1O for
ihe ion OF seed alter IL has gone through the
mill.
Now let Us consider the prices paid the far
mer for his cotton seed, and the profit rea-
liZed by The trust. It Is we'll known 10 us all,
that uniform prices are PAID all over Inc
State, and tha there Is practically no compe-
titiop which is conclusive proof. that this
product OF our farms is absolutely con
up with prices ranging from SO 10 SIS cts per
~hsndred. Al SIS cts the farmer realizes Sll
per ton. Using the figures given me by thls
superInterdenI ,$2S.40 as the basis OF Inc
value of q ton of seed after II bus gon'
through the mill, we see by a little hgurlng,
tnat the trust has made 1853 per cent upon
the price paid the M But the price
II Ia usually advanced TO IS or So cts per nun
dred $50 upon q basis of SU cts the mills Iea-
lie II per cent upon their Investment, Then
again as the holiday season appr0aches, the
price is raised to 80 cts OF 500 Ier hundred:
This increase of price Is ~ ade 10 be Inked
along with the tanners desire Tor q llttie
pocket change, pin money for christmas 10