Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1914-09-16
Hen. J. g. Sheppard Issues
Statement Concerning The
Business Outlook.


Mr. Editor:- l enjoyed the priv
lege of participating in a confer
ence of our farmers and other busi
ness men, in our court house OF
last salesday. and I was greatly
gratifed at the spirit of wisdom
moderation and Justice which was
manifested; and upon the adjourn
ment of the meeting, l felt satisfied
that our people would meet th'
emergencies which confront them
in that spirit of cooperation which
is essential to wise and just solu-
tion of unusual and unexpected
conditions.
Since that day a great deal has
been said. and a great deal has been
written, concerning the best policy
to be pursued by our people under
the conditions which exist.
Since that day many bankers in
our state, and in other states. have
made propositions which were in
tended to ameliorate the conditions
Of their respective patrons. These
propositions have been practically
as various as they have been nu-
merous. In point Of fact, much va
riety of suggestion must exist when
the condition of one citizen, or of
one community, differs so much
from those of another, that the So
luton of one condition might be
the aggravation of another.
Al our meeting on SaleSday many
varying conditions were represent
ed. There were citizens present who
have no cotton, and who owe no
money, but need money for neccs.
sary purposes. There were citizens
who have 70 cotton, and who owe
money, and must obtain money for
necessary uses. There were citizens
who have cotton, bnt owe more
money than lhey can realize on
their cotton at current prices. Many
differences exist in the conditions
of our people. Since that day | am
satisfied that the general con-
dition has very much improved;
and am satisfied that conditions
aEil continae to improve; and { feel
confident that before long we VIII
all he getting along in the usual
way.
AS l write I observe in leading
editorial that the chances are that
three weeks from now the main
phases of the problem will have de-
fined themselves much more def
nitely than at present, and that We
shall be able to see our way more
clearly towards a satisfactory solu-
ton.
concur in the opinion of this
editor; and hence / am writing q
brief statement Of my views since
/ had The pleasure Of stating them
1t orr meeting On Salesday.
have no distinct proposition TO
make to the patrons and friends Of
the Bank Of Eige:ield that would
apply exactly equally satisfactorily
20 the conditions Of each one Of
them; Dut ii gives me pleasure to
live the assurance that we will do
our best to take care Of everyone
Of them. | am satisfied that those
yho are indebted will do their best
md I wish all to feel assured that
We will do our best; and the spirit
Of mutual cooperation will result
in a satisfactory solution Of condl,
Lions as they may arise.
In my judgment conditions are
not as bad as the surface Indicates.
[ have known cotton to sell here III
our town, and in Augusta, and III
New York, for much less than It
now brings. | have known much
more gloomy conditions than now
exist. | have seen darker and lower
clouds than those confronting us;
and am satisfied that III shorl
time conditions will adjust them
selves and settle down upon a nor
NAL basis.
Very respectfully,
J. y. Sheppard,