The Anderson intelligencer. [volume] (Anderson, S.C.) 1914-1917, 1914-11-27
PLACED The SOUTH
| IN A BAD POSITION
RICHARD III. EDMONDS CON.
DENNIS PLEAS FOR
AID
CAN BEAR ITS
OWN BURDEN
Editor jof Manufacturers Record
Says Dixie Can Take Care of
Itself in Emergency.

noW anu cOtton only as surplus and
then we shall work our own SAL
yat.on." said Richard H. Edmonds,
editor OF The Manufacturers Record,
THE first duty Of the farmer who
wants to be honest Is to sell enough
cotton to pay his debts.
"His honor and reputation are
worth more to him and his family
than the few dollars he might pos
sibly make by holding for O higher
price. Moreover, there is no certainty
whatsoever that he will get any high
er price. When he withholds his cot
ton to the disadvantage of his crel-
itor he Is robbing his creditors Of
that which belongs to him.
Though the whole country Is Guf-
fering great business depression
much Of which existed prior to the
European war, It is fortunate that
such an unprecedented world calam-
ity as the European war, beside which
all other wars seem trifling small, did
not bring universal disaster to our
business interests.
We have weathered the storm
much better than any one had q riellt
to expect when we remember thai
the world has never had such an aw-
full war as that which Is now raging"
continued Mr.. Edwards. Europe. is
Withdrawing from the field and the
factories the very pick flowers OF It's
civilization, the strongest physically
and the most active, nearly rs per
cent moro men than the entire mum.
Der Of agricultural workers uf this
country.
Business Opportunities.
In view Of this situation we ought
to congratulate ourselves that we
have pulled through as we'll as WE
have done. We ought to rejoice that
our whole business structures did not
go down In one great cataclysm.
Every man on earth must bear some
share of the awful cost of this war
and every man slypuld rejoice if he
can carry his business through such
a period even If he does not make (,
dollar OF, profit for the nezt, 12 months,
looking to the future to bring to this
whole country Wonderful s business
possibilities as the worlds centre OF
8nance and manufactures lifts asyfit,
must Inevitably, do. from Europe to
the Uaited States. Then will come
Che opportunity OF the sses. then. :.s'ss;l
come our chance as nation. to mar
yelously expand our domestic and for.
leign trade as. we step out Into the
world dominance to uphold and
broaden the worlds civilization. AS
equipped to do business, we have an
amazing position. OF vast responsible
ities and limitless opportunities. We
should be compelled to do things on
q big; scale. We shall be forced SOON
eF6 or later to build and own d great
merchant marine. We shall have to
lind a way to- lessen. aptagonism to
railroads and to help the railroads to
get the $4,000. 100000 or more badly
needed for extensions and better
ments. Unless we make 1t possible for
the railroads to increase their earn
ings to such an extent as to attract.
billions Of new capital into invest
ment In their securities. the neces-
stiles OF transportation will compel
the government to guarantee raflroah
bonds or else take nver. the railroads
Hof the count thy, and either would be q
great disaster TO our Intionai life and
before even this could come to pass
our country's TRADE would have suf-
iered inGaleulahiy, fEotn 2 complete.
breakdown Of our whole tran apof tas.:!!
tion system. Higher freight rats
would cost The country Infinitely less
than O. collapse OF our railroads and
81, am. tlIis COMING dayt M nss sy,,. a. !, *,
we shall have 10 view Nwiti,o7t Ma rn
biz cnrnorStions s siioinr 4 i,is ;i,i SrsSia "a
business for the rnagnitnds az nnr ~
foreign Operations tlwiIi arauuira vast
concentrated capital. Just aa- The eovst
ernment has mobilized the financial
strength Of all rational banks into
the, gigantic reserve systan, in order
fo EstrenRtheti ali ana sHaih aiI intar.
ehts.s 10 many other cof} f}caxt ted sSS
SotisEfneif, ii1ffuen aes rsiii' rs "a "a
IN ths coming uays fis 3yit In kha Sfsrs
iIahs ~ X 3 Sfi,S sySS1 is