Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1914-09-08
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Cotton's Worst Enemy.

SOIlOHo "Oiot GHCTlJ'
Cotton's worst enemy is oil this side
Of the Atlantic. The cotton spinners
are human and likely to take advant-
age of the growers If they can. A
good many men with cash to invest are
also possessed Of human greed. The
spinners who have cotton at panic
prices can make easy money. The
spinners are looking for easy money.
The buyer who has plenty Of cash can
make money by buying spot cotton at
cents. Even a fool can make money
buying cotton on a constantly rising
market, and scent cotton will go to
12 cents as sure as the sun exists.
The man who gives the matter any
study whatever, knows that the 1914
crop will not glut the world market.
The great wars destroy and consume
enormous quantities Of cotton. The
cotton weavers of England cannot
practice much greater economies than
have been practiced. Below cotton
the people cannot go for covering.
When the European stocks are ex-
hausted the war will stop If no more
cotton is obtainable. Cotton Is third
as war necessity, flour and ammuni-
ton being the only leaders of cotton.
Markets are CIosged.
But for sixty days American mark
cts will be clogged with cotton on ac-
count of the Generalization Of trans
portation, and because all European
stocks will be run down to the limit.
Even after transportation becomes
free from danger, a considerable
stock, possibly 100000 bales, will
have to be cared for ouside the regu-
lar channels until it can be absorbed
which cannot be fully accomplished
under a year. The problem facing
the cotton growers and the nation is
to take off the market by November
/. about 100000 bales of cotton turn
ing it back into the ordinary chan
nels of commerce as the market justi-
ties, aiming to steady the market
throughout the crop year. 1t will need
$l2O, 100000 investment by November
/. with a gradual reduction and COM
plete closing out by September l,
1915.
This suggestion is not a proposal to
valoriZe stocks on a glutted market
and it has little similarity to the
Brazilian coffee valoriZation. There
is not an overproduction. The worlds
markets will not be glutted. The
Russian cotton mills are today ask
ing for a half million needles for
underwear machines and 10000 needl-
es for stocking machines, and this re-
quest started from Russia August II.
This request makes it evident that
Russia has no intention Of stopping
her cotton mills or Of permitting them
to stop. Germany and Austria will get
some cotton and will use up the
stocks on hand. England and France
will make an earnest effort to keep
their mills going as they are making
to hold back the German armies. AND
there need be no fear of demorali-
Zation of the cotton industry on ac-
count of the lack Of dyes. America
produces dyes, although depending
upon Germany for much of it's supply.
1t can expand its dye factories rapid
". But as long as Holland and Italy
remain neutral German dyes will
reach America.
Oklahoma must do her share to
prevent decentralization. The fate OF
its me-, hants as well as its farmers
depends upon action. In a week all
the other cotton states will be follow
ing the lead of Texas. Why should
Oklahoma not be the first to join the
big neighbor on the south? Our big
neighbor can tell us now just how we
are going to feel in thirty days, unless
by joining with the other states the
collapse of the cotton market is taken
in hand by their combined efforts.
Every county in the state should