The Green Forest tribune., 1909-04-23
MAKE CROP STABLE
GIGANTIC PLAN TO BENEFIT
 COTTON GROWERS.
By Means of Bonded Warehouses in Which Cotton Will Be Stored 1t Is Asserted Market Can
 Be Regulated.

DC he9uidheO
 When the farmers of the south and the business men of the south say the word, funds will be immediately avail able in sufficient volume to forever place the great industry of cotton pro- duction upon a stable foundation, free from the chance fluctuations of the market. relieved of the attack of ma nipulators and leaving the gigantic crop monopoly of this section to re- spond, unembarrassed and unrestrict- ed, to the legitimate laws of supply and demand The result should mean to the south an annual actual cash saving ranging from $150,000000 to $250, ,000"
 In these plain terms Daniel J. Sul- ly, the man who drove cotton to it's highest market price since the civil war, outlined the purpose of his visit to Atlanta and the southern states, says the Atlanta Constitution.
 My plan," he continued, ''contem- plates nothing less than an eminently practical undertaking, by sane busi- ness methods partaking of conserya- tive business investment, of the end to which the farmer and the business man of the south have for years di- rected their efforts; and that is, the creation of an impregnable business system which shall do away with the annual necessity of the farmer sacri- ficing millions of bales of cotton for pressing debt, congesting the market, hammering down prices, upsetting the reign of supply and demand, and los ing to this section the tremendous sums that are it's due in return for the one crop indispensable to the needs of civilization.
 Simple Business and Finance.
 No thinking southern man for a moment questions the desirability of achieving this result. It has been the vision of every southern business man, every farmers organization in the his tory of the south. The sole obstacle to putting that vision into practical effect heretofore has been the lack of the immense financial resources and the machinery essential to the handling of so vast a project.
 '"That obstacle will now be removed, if the farmers of the south and the business men of the south are ready to lend their earnest cooperation to plans making obviously for their own self-interest.
 T do not ask one penny from the southern people, I do not ask the pledging of one bale of cotton, until I have given ample good faith of suffi- cient financial backing, from sources that are unquestionable. to carry every detail of the plan into effect and to safeguard the interest of every farmer in the south, from the man who raises one bale to the man who raises thousand bales.
 "This understanding, which I am willing to make good to all corners, is the foundation upon which the rest of the plan is builded.
 "A minimum fund of S10,000,000, subscribed by the most conservative fnanciers of the United States, is available to be invested in such iron clad securities as shall insure the ability and the responsibility of the plans promoters to redeem their promises and obligations to the last detail.
 'The people of the south will be given the first opportunity to invest in this project, if, upon rigid investi- gation, it comments itself to their judgment.
 But it will become operative, with the same rock-ribbed backing, if the south does not see fit to put single dollar into it."
 Bonded Warehouses and Certificates.
 What are the details of the plan?" was asked MT Sully
 Simply the materializing," he an- swered "of the plan your own Farm CTS union has been and is striving to put into actual operation, but in which they have been impeded for lack of the tremendous ready resources indis- pensable to it's execution.
 "The backbone of the plan is chain of bonded warehouses through out the south sufficient in number and capacity to house one-third of the crop, and tlat one-third, as has been demonstrated will be the balance of power which will render market con- gestion impossible and insure the dis posal of the crop in strict conformity with the laws of supply and demand
 Farmer Will Own His Cotton.
 No farmer w.l sacrifice or sur render the title of his cotton under this plan,
 Say that he produces one bale of cotton. Under present conditions, the vast majority of southern planters have already heavily mortgaged that bale to secure the funds for it's pro- 1uction.
 His creditors press upon him for settlement. In only exceptional in stances is he able to withstand the pressure. As an overwhelming rule, he is forced to sell his cotton the mo- inent it leaves the ginnery.
  FOX MADE LIGHTNING MOVE.
 Nh wild apitpaI avar made o pooro