The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1909-01-29
Which?

II RamOleTS Gain CIidU Wflct
prices Of cotton we're high, gambline
in futures was the direct cause, bul
they do not ~ to assume RESPONSE
bilitv for tie miserably Improbable
| prices that have prevailed when buck
ct shops reigned supreme. They are
like the quack doctor who, when the
patient RECEIVERS, says: Il cured him.
and whe.. he dies, says, the Lord
called him. Farm and Ranch.
Here goes the Farm and Ranch
just like all the balance. What has
the bucket shops ever had to do with
the price OF cotton? No one in the
| world more roundly condemns bucket
shops than we o all the legitimate
exchanges. Why don't the Farm and
| Ranch have the courage and the fair
ness to tell It's readers the differ
ehce between bucket shops and the
legitimate exchanges. Why does it
not also explain the reason III the
present low priced cotton after the
legitimate exchange has been put out
Of business in every SouChera state
{ kept a few in Tennessee and Louis
lana? II speculation puts the price
OF cotton down, what puts it up?
What has put it down nov, and what
will put it up now: The Farm and
Ranch, like all the others who have
led the planters into a MISTAKE hides
everything behind the old, old scape-
goat-the cotton cumberland the
cotton gambler (the spinner gambler
or bear) has put the price TT cotton
down by a conspiracy which would
have been a failure had not the Farm
and Ranch and the other jou and
agricultural leaders fired the guns that
killed the bulls but would vel reach
far enough tn kill the bears. The
cotton gambler Is responsible Cor the
present low price OF cotton bdL it is
THE BEAR SPECULATOR, who
has sold the life outOf the market be-
cause he has been so ably assisted by
the Farm and Ranch and associates
IN Cutting off the bull support OF cot
ton. Cotton Is now going up. WHY?
Because the cotton is all ont Df the
hands Of the producers AID IN the
hands of the spinnerS who want the
prices TO advance SD they can AID
VANCE the price Of COTTON
GOODS.
II the SpinnerS want further asSiSt-
ance from the antI-futuTe dealing ad-
vucateS in the South, we presume al
they will hsv We to do is to ask for it.
We clip the above from the Cotton
and Cotton Oil dallas, Texas News
It occurs to us that the News makes
out a poor case for the future dealers.
From it's statement, it is a case OF
"heads [ win and tails you lose"
When cotton goes up the SocaIied
"bull" speculator must be given cred
it for it and when it goes down the
farmer must be charged with the de-
preston because he has started a cru
SADIE against anybody's gambling ia
the product of his (the farmers) toll.
The News would have it appear that
there are two distinct classes OF spec
ulators the Bears" and the bulls"
1t is true that there Is one element
generally arrayed against the other
but they do not maintain definite re-
lations and distinctiveness The
''Bear'' Speculation today maybe. and
frequently is, the Bull" speculator
OF tomorrow, and vice versa. Neither
element is in business to help the
farmer. The farmers interests are
never considered. Hence between
their seesaws, the farmer finds him.
self between the upper and the neither
milestone. The cotton plant fur