The Bolivar County Democrat. (Rosedale, Miss.) 1887-1969, 1914-08-15

tain the price of the great produc
of the South, and enable her Il
participate i'll the prosperity tba
will be enjoyed by the other sec
tions OF this nation, who will feec
the warning nations. and clotht
them with our cotton.
This can be done without any risk
or cost to the Government. 1t car
be done at a proft-s
greater profit-than the profit
derived from the Panama Canal,
the construction of which. cost a
sum equal to the amount necessary
to carry over the surplus of this
years cotton crop.
We suggest:
First: That the cotton be stored
in warehouses provided by growers
or other owners of cotton, such
as shall be specified by the Govern
ment, at such poiats most conven
lent to them.
Second; That all cotton stored
in suchwarehouses shall be sampled
and graded. which sample and
grading or classification, to be
made in duplicate, one sample and
grading of the cotton thereof to be
placed with the Government ware
houseman. or other agent, or de-
pository as Congress may provide.
the other sample and classification
to be given to the owner.
Third: That a valuation of not
less than IL cents per pound be
placed upon all middling cotton SO
stored or deposited in such ware
houses,
Fourth: That the expense oi
building or providing warehouses,
the handling and storing. weigh
ing, sampling and grading Of such
cotton to be bo.ne by the owner Of
cotton so stored.
Fifth: Interest on the money
advanced by the Government on
cotton so stored to he 4 per cent.
Sixth: That the storer of cotton
shall pay insurance at rate to be
fixed by Congress, the insurance
policy to be deposited with the
Government as collateral security,
or the Government insure and make
it a charge on the cotton.
Seventh: All who avail them
selves of the privilege of storing
cotton in Government warehouses
shall contract and agree to reduce
their cotton acreage next year on 6
scale to be fixed by Congress, with
such forefeitures and penalties as
may he provided by Congress-,
The rapidly rising prices Of pro.
visions and all other products. make
it imperative that the price Of cot
ton be maintained at and around
12c per pound. The price Of cot
ton stood at 1870 per pound. mid.
d!iig cotton, when war was de.
clared in Europe. 12c per pound
is one and three quarters cents pei
pound under the price which the
producer was receiving for his cot
ton at that time, and would get il
war did not prevail in Europe
This cuts the price of cotton abou!
twenty per cent. while all othel
products are rising at a rapid rate,
Bear in mind The depression thai
occurred and the bankruptcy tina
prevailed in the South in 1898, ,ane
the succeeding years, when cottot
f1uctuated at from a to 7 cents PEI
pound. though all other product:
were driven to the lowest level
" heat at rs to 35 cents per bushel
corn at is cents per bushel; mules
at $50. 90 to $500 each. and hors
es being fed to chickens. Nov
with all prices soariug to the skies
which the South must pay with he
low priced product, 12c per poun'
is full low, aud only will leave th'
producer only small margin will
which to change from cottou Il
grain and other product
next year. 1t is abso
ltulely certain that the carr
over price advanced on cottol
by the Governments will fix tn
price of cotton, as the buyers vii
merely shade this price in order t
induce sale, so IT is OF PARA
MOUNT IMPORTANCE that tn
4 price be fixed at not less than IL
per pound.
With the low prices Of cotton an
high prices of foodstuffs, the Bank
ers and Merchants OF the Sout
will have their hands full to fnanc
the South the comm
year. Nothing but th
aid Of the Government can aver
1.-The great calamity that will befal
the South if the gigantic war. no,
prevailing in Europe, lasts 81
months. And we urge upon yo
10 use your uttermost energies
talents and influence to avert th
great calamity that threatens tn
South.
/ With abiding faith In your pa
triotism to your nation. and loyalt
to. and love for, your own people
wa vonr fellow citizens subm