Fitzgerald enterprise. (Fitzgerald, Ga.) 1895-1912, 1910-06-25

the famine point by the First of
next September, and the demand
for September and October cotton,
which contracts have been largely
bought by spinners and must be
fulfilled by some shipper, will be
simply enormous. The cotton plant
er who sells his product below Is
cents, even should the next crop in
dictate IA million bales, will simply
be selling his birthright for a mess
of porridge. If the crop next season
indicates Is million bales, it should
bring at least 16 cents; and IL mil
lion bales anywhere from II to 20
cents; under IL million bales, any
price the holders may see fit to ask.
We have had one of the most phe-
nomenal season on record, and the
next crop is undoubtedly very late,
which subjects it not only to an
early frost. but to late and most
deadly attack of the third crop of
boil weevilS in the States of Texas,
Oklahoma, Arkansas, Louisiana and
Mississippi The Atlantic States
have had three consecutive good
crops, and the indications are that
a bad one is about due. Nothing
short of the most favorable condi-
tons from now on, with an extrem-
ly late frost, could possibly make
crop in excess of IL ~ to Is mil
lion bales.
New York has never before been
a primary cotton market until the
Bulls made it so this season. The
cotton that came here was princi-
pally to control the chalk mark
prices which in turn effect real val
ues, and gave those firms heretofore,
ay pooling their interests in about
10000 bales of spots, the power to
milk the market up and down for
for all they thought it would stand,
as SO per cent of the so-called Cot
ton Merchants" of New York would
run away from a tender of a thou
sand bales of actual cotton, as if it
were a rattle snake; so to break the
market all that usually is necessary
is to issue reasonable amount of
notices, and the parties issuing same
get them back at a much lower
figure, reducing the general list of
values of all months. This method
was carried on uninterruptedly for
years, until cotton got so low, a large
per cent of the planters went broke
and cotton farm were sold at auc-
ton for less than the value of the
fences on them in some cases. The
South apparently does not appreci-
ate or realize that it was due to the
intelligence and grit of one or two
men, who came north at the end of
the Summer couple of seasons, and
succesSfy beat the bears at their
own game, and established a living
price for cotton the following years,
that the present prosperity in the
Southern States is due and entirely
dependent upon. A Bear Clique is
something like arson; it is dirty
business and therefore hard to prove.
There is hardly any one man in the
south financially strong enought to
fight the organized methods of the
New York market; and lift becomes
a crime for a few of them to agree
simply to call for the actual cotton
they have bought, though selling
same strictly in open competition
throughout the world, then the south
will be commercially dead in a few
years.
Cotton is the one article that can
stand a heavy advance in the raw
material is not felt by the consumer.
For illustratiOn-pound of cotton
makes over seven yards of calico,
about the cheapest product worn;
therefore one cent a yard would
equal seven cents per pOwn on raw
cotton. and taking the cost of a
dress of such material, the labor for
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