The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1914-08-12
AllET DtPfIDs On GROWERS.
DO1GGlTTEE CALLS UPON SOUTH.
: ERN FARMERS no HOLD
PRODUCT.


rr,As Fosnslascd for Handling Crop
whsch b Expected to Prove Sue
osesfuL ~,'
Washington, Aug. Tin an ad-
drsss to the ,otton growers and peo-
pie of the otton growing states.
made public .onisht. the congresnonai
committee which volunteered sever.
~ Gays ago to seek measures which
would prevent serious consequences
TO- tho South because Of the European
var. declared:
sour message to you is--stand arm.
Ssr cotton only N q last necessity"
Members OF the committee headed
b Senator Hoke Smith. after q care
fpf investisation Of conditions up to
~ present time. gave II a. their
mature judgment that the least pos
ebts cotton should be put upon the
nsrkst during the next 80 days. as
qprtinx That the agencies of the fed
Srsl government. both executive and
iesielstivs. were doing all possible to
vslIevs the strain OF the situation
eeSssd by the lack Of transportation
fac1Iitiss and the danger of facing no
psrket abroad. They called for un-
ee>0aA coepersttoa amoas the farm
ssa msrshants and bankers Of the
ssStp for the comm, good and de-
clased:
: ~ should be understood that W.
ere not In the midst Of . panic. nor
- . financial panic possible under
sas new banking and currency laws;
snl Il y not nescSary for us to throw
eur cotton upon the market at prices
iess than its real value"
Ths statement Of the consression-
a csmmlttes follows:
= .Ws recognise ths fact that cottoi.
=, ~ money CROP Of the southern
pSette and any situation which vital
n h6Sns IL vaius must be felt BY ait
hass q commercial and idustriai &C.
ttyitl6A.
4, .N1ii. In. .o0ad,tioa Of war in ra-
rets gives rise TO i silnatioh which
H;SstiosA we /, bslisvs That II can be
ee;atiy. SvSrcotpe n .aii asshciss.s ma
eehel State and local. promptly, and
Neoscusiy respond to their respective
ddtiesi ~ ~r''er ! ~ :, :
4: TYour president. the several execu.
Mo branches OF the government and
yeSr senators and representatives are
naktnG efforts TO devise means - by
Which, the cotton. crop may be mar
kstsd II. p price warranted by nor
nal law Of supply and demand. and
Hoe BY . condition caused by the Eu.
soIsan war. . d.
The important problems involved
In this situation are: ...
= First: Transportation. 1t is es-
ssutial that lint cotton and cotton
manufactured. should reach foreign
markets where they may be consum.
Cd. We are confident congress will
pass within q few days an amend
mont to our shippins laws which will
sTsatly facilitate transportation. We
have no doubt transportation facili-
1ss will be available for cotton and
cotton manufactured goods within q
very short time.
Second. Consumption Of cotton.
Ths European war must necessarily
rsfvcs temporarily ths demand and
assumption Of our cotton. The state
:, Apartment has cabled our consuls
shfoad for detailed information. From.
the Information we have received. we
Are confident the consumption, domes-
tc and foreign. Of our cotton will be
much larger than Ia generally sup
posed. The mills of the United States
and Canada will consume approxi-
matsly half OF our production. and
the demand for American cotton by
Great Britain and the Orient will not
Do grealty reduced. Great Britain
consumes nearly half OF our exported
cotton. Eleven million bales of our
cotton should be absorbed by the
trade. even under the most aggra-
waited conitions.
The facts should be most resssur-
ins and should dispei the idea that
our foreign trade In cotton will he
wiped out.
Third. Money to marxet the crop,
and care for the surplus.
y, Already tho secretary Of the treas
ury has arranged to deposit In South
ern banks the sum Of 1000. 900.
Ne desires this used and expects to
handle the cotton crop. During the
present week your congress has pass
sd an emergency currency bill under
the terms OF which not less than
1880. 900. 900 OF additional currency