The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1914-10-13

Mr.. Frank Hawkins, President,
Third National Bank,
Atlanta, Ga.
Dear Frank:
nave long since come to the con-
cluslon, and am still Of that opinion
that the present crop of cotton will
not average over eight cents. Why?
For the reason hat there are at least
n1teen million bales of cotton made.
TWO million bales OF old cotton still
on hand; the spindles of the United
states cannot possibly consume over
seven or eight millions for the next
Twelve months with scarcely any be
ing exported, still leaving in theUni-
TED States over seven millions of
bales that there is no demand for.
Suppose money were furnished by
the government or by the hanks to
buy and hold this cotton, would that
create q price for it? Suppose the
banks of Georgia were to buy every
bale made III that State, would that
diminish the consumption in that
State? Say that Georgia made two
millions of bales and hat the com
mission men were TO buy the whole
of it. the only thing they could do
would be to hold it for two years, and
say to the farmers of Georgia.: "
have two million bales on hand and
wv, IL oIIh VI Z I'D. VIII Eol
lend you one cent if you plant more
THAN from three to five acres of land
in cotton to each and every mule dur
ing the present year and in lieu there
Of you shall plant the same ouantity
of land in corn, wheat and oats that
you have formerly had in cotton. II
during the next twelve months there
is only a small quantity of cotton X
ported from the United States we viii
still have a yearly supply of cotton
still on hand" Every man, woman
and caild in Georgia might buy a
bale of cotton and if they cant ex.
port it. or manufacture it, it does no,
improve the situation one ioata. 1t j.
just %"robbinS Peter to pay Paul
The bales Of cotton are still in Geor-
gia in some shape or other with nc
way to get rid of it.
Every State in the South thai
makes cotton is in the same cond:-
ton. 1t is immaterial how much
money YOU get from Washington OF
how much cotton they buy. it don
diminish the quantity Of cotton.
The banks that go into this bust
ness will have their money tied up i
they deal in cotton or advance to cot
ton planters and will not be able Il
get it out or much Of the interest IL
eighteen months. You may go t.
New York every month and you coult
be like the fly in the meshes of thu
spiders web. Every planter who l
in condition to hold his cotton Shout,
do so. and not to cali or depend upol
either the banks or the government
to help him. He should join in Will
them.
in Best Condition.
The planters are in better condi
ticn today than any class of people
So Ia, L or- ,,at aNn0Itn1 for aa.l
and every one of them has his hom
{ and at the present price of ever.
l variety of product that is grown AN,
made on a farm, can soon right him
| self. But it is the mechanic. o
, the salaried man of the cot try. IN
man who has been thrown ont "
employment. without getting an.
~sustenance from his usual routine @
life who has TO suffer.
When You take int considerable
: here in North Carolina, that w
have $4,000 automobiles, costing a
? least one-fourth OF all the cotton mill
I in North Carolina, giving employment
r chiefly to pleasure seekers. this Is u
t benefit to the people nor to the coun
: try and AS long as YOU listen to tn
: cotton planters, who are not to b
: listened to. as l have said before, fo
they have every way to right them
: selves.
I The cotton crop that is now bein
made in the United States is ann |
: for all for US here. for til
I, next two years. and there is 10 Us
of talking about the banks N nipulat
ing the price Of cotton: that Is ~
4 terry impossible. If the war N
never existed, with the present ell
: land the present old cotton on hant
cotton could net have gone sN e
i pin cents and Row what is the H.
tied StateS to do?