The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1911-09-26
DUMPING MEANS LOW PRICES.

The farmers can send cotton down
to zen cents or lower If they rush II
all on the market when the Worio
does not need it and will not pay what
it is worth. The wisest men IN the
South have urged growers Of cotton
not to rush it on h market as soon
as it is ginned, but to market 1t grad
ually throughout the year. Three
great gatherings of farmers have CIV
en- it as their opinion that cotton
should bring fourteen cents IN the
fall months and fifteen cents after
Christmas, but if cotton is sold as rap
idly as it is ready the will
get nearer eight than fifteen cents for
it. The Farmers Union urges farmers
0 to sell at present prices. but to
follvw the recommendation Of the
Union, and to borrow money on their
cotton and hold it until the price gHes
up. Their Committee on Statistics
says President Barrett, after secur-
ing reliable reports from the several
states, gave as it's opinion that not
more than 12,5OO,OOO bales may be ex-
pC1ICd LIZ ySoA.
price was fixed at fourteen cents and
President Barrett in a recent address
to the Farmers Union says:
mo sane S~outherner will QUESTION
the statement that to throw his crop
on the market at less than the price
set will be a sinful waste. In our
opinion, the expected yield is not the
only thing to Ike considered in setting
the price. Under the present high cost
of everything used by the cotton pro-
Queer in making his CROP should the
yield be much greater than this esti-
mate, which is not likely, it would be
suicidal to cell for less than the min
imum price"
Continuing his appeal to farmers
not to sell at the prevailing price,
President Barrett says:
ALREADY your National Secretary
has received contributions for cam
paigning in the interests of this move
ment and is now arranging with the
State to send lecturers into the field
to impress the Importance Of standing
firm in this movement. Watch for p
dates and rally every farmer, business
man, banker, in act everybody. get
busy among your farmer friends and
have them join the Union, the only
force recognized by the business world
as Dcl1g dOlo LO@COpe Will I1AS SIIOoo
ton. Surely no Southern farmer wor-
thy the dignity Of being called a pro-
Queer can willfully withhold his men,
bership from the organization which
the betterment Of his present
finances and the future proHectiOn Of
his home.
Arrangements have e pract1-
cally made for the assembling OF mill
lions Of dollars to finance those who
are compelled to have assistance in
this movement, and needs only the
supper Of the producers themselves
to insure success. But bear this in
mind. determination is a bigger asset
in this struggle han finances. Great
numbers Of you will need assistance,
and thode who do, shou1d De urged to
borrow as little as possible. See to it
that no merchant nor banker to whom
you may be obligated, is made to suf-
fer by the stand you take. This or
ganization does not propose to teach
it's members to enter this campaign at
th6 sacrifice Of honesty. and we be-
lieve that it's membership Is composed
of men who would not do such a thing,
even if urged.
tThe money secured will be used to
assist your local banker and will be
circulated through the local banks
With the support Of the entire South
it will not be difficult for you to salts
fv yOur creditOrs."