The farmer and mechanic., 1914-09-01

o,,ton question: says ]. NJ. Brasing-
,nr Of South Carolina, in booklet
recently published 1T must be done
ou a cost basis
pillow points" he goes on to say
..tbat cost one dollar and ware out
an q .O09-acre farm, made that thou
,and bales cost one dollar more than
- ulow points did not wear out That
Iushel Of corn worth eighty cents,
md used while working on a taou-
sand acre cotton farm, made that one
thousand bales cost eighty cents more
tban if stock did not require food.
DO YOU know the cost of your cot
ton" inquiries and goes on TO say:
Must Have Cost Basis.
Now notice, if you will buy one |
,1le at any time, at cents per pound, |
il will cost you s45; you can pay 8 |
per cent interest on cost for L
months The one bale will cost you
$3.50 and one pound will cost 7.72
cents
If manufacturing company could
manufacture bales Of cotton, their
basis for knowing cost would show
lint cotton to cost more than 1912
a hundred pounds. Cotton farmers
must use the manufacturers basis to
know cost; if this is done, you will
bul. at cost your surplus cotton crop
rather than sell at or below cost.
when cotton is worth less than
cost, or Il profit paying price, sell
one fourth, one-third or one-half at a
lroft paying price. Repeat this each
year when profit paying price can
not be received for 100 per cent.
crop One thing you must decide TO
do in the years of cheap cotton Plant
less acres to cotton the next year: do
this If you can or cannot hold one
fourth. one-third or one-half of your
cheap cotton. Increase the grain,
hay meat, eggs and butter crop one
fourth one-third or one-half, and be
sellers of grain. hay, meat, eggs and
butter. Do this, and get u to IA
cents for cotton. Unless this is done
.ou "ili lose.
If you will know the real cost Of
cotton, as manufacturers and mer-
chants know the cost of their goods,
twenty-five years to come will make
the South rich. Twenty-Five wears
has passed, and the wealth of the cot
ton farmers is on the credit side of
the increase value Of real estate
Cotton shows on it's profit side
millions in cash lost, that labor, hay,
grain, interest on investment and de-
preciatlon on personal property paid
for
THE man who does not have a
clear idea of the cost of his product
Is just as certain to be unfair to him
sctf or someone, as life must end
IL,
him be cotton farmer, a merchant
or manufacturer, should decide in his
business on the cost of his product
and decide on reasonable met profit
10 be made on his goods. And wher
the price for his goods is offered thai
pays him this profit he should SELL L
Is unfair to withhold goods for a high
er price than the profit paying price
Il Is unfair for you as a cotton farmer
10 sell your cotton at cost or belov
the profit paying price.
Cotton Farmers Sacrifice.
When the South's cotton farmer
count the cost of cotton on the SAT
basis That manufacturers and mer
chtnts use to count and know tn
cost of their goods, the slavery t
grow and sell cotton will be turne
I" profit making cotton crop. TIL
South's cotton farmers are bushes
men though they have sacrifice
their time and labor. their familie
labor, their hay and grain, their mea
ana cash, interest on their real an
personal property, the depreciate
value Of farm implements and a
classes of cotton farm investment
ms sacrifice is made to reduce tn
cost Of lint cotton. For this sacrific
the cotton farmer loses interest O
investment, loses the deprecated valu
OF personal property, loses salary
wages for themselves and famil
io'es the market price for their ha
and grain: and unless the cottC
farmers know the cost Of their CO
Ton twenty-five years from today tt
south cotton farmers profits will ST
oe on the credit side Of their increa
value of real estate
Cost of Lint Cotton.
ME South's cotton farmers are t
ia! interested in the cost of lint CO
ION. At least are thinking about
'hu wishing they had some way
maize profit out of cotton. We sure
need thinking, business, cotton farr
'r, Ihe big items in our fOrei.
S'l"s has always been. cotton in t
o1'eS. grain, flour and meat. SOr
~ theSe items are steadily Shrinllir
N"''on in the bale has been the il
IutLSe item In the FOREIGN Ga les O