Corpus Christi caller and daily herald. [volume] (Corpus Christi, Tex.) 1911-1917, 1912-01-02
~ Rex,ietv Of COffOn
Marker For 1911 -


convention ~ the opporf sne moment
iss presentation ~ the facts - sap
ply snd consumption % doahs pre-
vented asaicky deeilae 10 the mar
set. and resulted So a deliberate and
fafshanded treatment n che stna-
lion that hsa enabies The souiboFn
cotton pfodacer 10 obtain ~ laasi
eosi Tor fAai portion ~ this Fsag'a
erop which has already been soii
n has 81 ne safae time inilesd
aniie.paioFy buying % The part ~
consumers. ahifh ln some eases eos.
sfs their prospective rtgalrewsNis
for three and four years ahead The
veighf ~ ahataser supplies a. affflb-
stable % 'his ysars American go
ton Production has thus boon dlHfib-
1ied over q ionr period or time. and
'hs prospect noe seems 20 BE- that
4lih reasonable REDUCTION In srre.
sge nest yssr ard an average pra-
iuctl0n cotton ON arain rule sons.
shofe between ~ snd if cents o.
found
10. suppiY ~ iron. copper and
veal 20 kmersa o. practically inca
hA1stlhie bui me producers of these
.ammof.iiss are snabi-a 90 reap a
fair profr upon me enterprise and
r1riial employed IN their prediction
through d legitimate control ~ the
supply
Tho year 1919 promises "a msrt S
bfp era in tho cotton trade. disiiu-
eliahcf chiefly ~ tho application
q used 10 boz assumed INA, me so4ih
ruuid produce nothing but cotton
boa lhnf u had 90 produce ~ 30 i've
snd that % had ~ sell it when pro.
fueed at nhaiotcr price was obtain.
abie. whether ibfs price showoi
profit or losa aud that then u ans
compelled 90 % On and produce nm
othef crop 10 BE- sold al possible
loss ana so "a lnfnnnm. hui times
have rhnured
the rfeHi economic marvel ~ ne
present century 81 no expansion iu
the world demand fof rotion goods
Tho domaui y noN s0 grea that q
surplus or milton bales 10 Gar
smaller in its rotation 10 me total
requirements than eas iha ease it
Years ago Moreover ihe Rouih b.
rlchof and hotier educated in The
principles OF economic lAw =, bar
learned boa 10 io other thinFs than
rroN cotton aud lia hrgicpnur,i ser.
1adiliy enables =, from year 10 year
ao 10 change tho objective 90 H.
enterprise chat uhep cotton grasses 10
De- profitable anoihrf erop VII he
rruNn
For these reasons and because n
ls easily deuunsfrAtahie ina, n costs
NJ ioaai cents pound 90 produce
miiillng rnitnn. and insi as murh ia
produce iow-graac cotton that oniy
s'''i for . cents pound Nhrn che
middinr cotton sella for nme ceuta
a pound thlnt lt entirely reason
able 10 areume tho probability 81
hiehor prlees tor the eear iete
congratulate the south upon the
advance that ~ has maae IN me an.
plicailon of economic Rnoaisdee 20
An economic problem m. whole
World eiil he hotter ~ fof H. A
pifthora ~ eni,on a. extremely tow
pfirrs IN ono war affords an lnIur.
inuH stimulus 90 consumption A &C.
lcirncN and extremely hiRh prices in
another wear result IN an equally IN
furious stimulus % production
~" mosi thoughtful students of
economics are gradually coming 90
tho conclusion thnt u,onopchca are
essential TO The complex civilization
nf today bat that u ~ nccossAry that
sn,h menouniies should be- wlsel, and
reasonably regulated n the south
through thv dinnsior Of economic in
trliirrnve eau wisely and reasenabl,
tvsulAtc tho meRarols OF cotton pro
aariioh that u enjoys. 80 that ".
shAl haze p-ithr extremely hlEh
rfic~s nor yoi uRpgengAble io~
pFiccs. q will have provided au 90
soc, lesson which viii prove most use
iul ana in tho lone rar il VII y 81
doiag be-, consult las o~I .,pNa
tspests.