The Caucasian. (Clinton, N.C.) 188?-1913, 1911-08-31


ell the scheme-southcrn Senator.
and Representatives Have Done
Farmers an Injustice.
Farmers. listen. | want 10 call
attention 10 what you already know
as well as the writer. not for the pur-
pose OF information. but 10 suggest
thought and action.
The cotton harvest IL upon us In
few weeks the fiendish market will
be seeking to I'LL its great NAV. The
bears have gained every vantage
ground and are hilarious with the an
tieipated carnival. Up to this time
the Government crop reports have
either carelessly, or with intention.
magnified the condition. The sum-
ming up OF the last fictitious percen-
tages indicates crop of nearly fifteen
million bales. 1t was exceedingly un-
fair TO the farmer for the Govern
ment TO give out this report before
the vital statistics for the month of
August were In. Nothing could be
more unreliable. August Is more vi
tai this year than ordinarily.
Failing in the earlier months on
account of the drouth, cotton was ex-
pected, when the rains came, to lay
on a full crop in August August
has been disappointing The last
twenty days has witnessed the great
est deterioration in the cotton crop
ever observed. The hope of August
blasted! 1t has not only not laid on
crop but has dropped most that it
did take on the first few days of the
month. This condition is well-nigh
universal. So where are the fifteen
million bales to come from?
The fictitious report served the
bear spectators and the spinners a
good turn. They have inaugurated a
strong campaign and are determined
to buy this crop for much less than
its value. In twenty days they have
beat down the price nearly $40 per
bale. They have interested a delega-
ton of Southern Senators and Repre-
sentatives who are now advising the
dear people to hold for 10 cents
Inconsistent, these Senators and Rep
resentatives! Farmers have been i'm
ploring them for years to knock out
this nefarious gambling in cotton flu
lures. They sit by with idle indif-
ference and lose their opportunity to
pass such law, and now come to us
with love in their eyes and advise
to hold for a paltry Is cents. 1t is
we'll known that over-confident gam
blers have been selling cotton on the
New York Exchange for future de-
livery for IL cents-they expect to
buy this for less.
In the face of adverse circum-
stances, unless farmers take hasty,
thoughtful, and concerted action
much of the present crop will be sac
rificed, the mills supplied with cheap
cotton and the gamblers given great
er assurance.
What are we going to do about it?
Don't be frightened by the growing
of the bears. Don't throw a morsel
into their hungry nav. Keep cotton
off the market and listen for the gin
ners' report. The December ginners'
report will tell the tale and will de-
termine the crop. Cotton is matur-
ing early. In little more than three
months it will all be ginned. Wait!
What about the cottonseeds? Don't
give them away. For two years the
mills have been giving us ton of
meal for a ton of seed, and in some
! instances more. There is just as
much oil, meal and hulls in a ton of
! seed to-day as there was then, and
+; whatever, the price this exchange is
fair. Cotton oil, however, be In
great demand. No more corn, if as
much on account of the drouth, will
will mean no more fattened hogs, no
more meat, no more lard. Cotton
oil will be in demand for lard-making
and other culinary purposes.
Do you want cash for your seed?
Keep them on a parity with meal.
That is, sell lot of seed for enough
to buy the same weight of meal. At
this rate, if meal is $24 per ton, seed
should bring 81 cents per bushel. If
meal is $50, seed should bring As
cents per bushel.
Don't be misled by the offer Of low
priced meal early in the season. 1t
is done to get your seed at low
price. Better take the meal. If
you want it later, you will pay dear
for it.
Farmers, stop! Look! Listen!
- Think! Act"