The county record. [volume] (Kingstree, S.C.) 1885-1975, 1915-08-26

Octopus which thrives best and fat
tens faster when fed from such
sources.
The price of cotton will never be
controlled by the farmer, or even
influenced by him, so long as the
necessary facilities for holding and
storing the staple remain in the
hands of men other than those who
produce it. Keep this thought up
permost in your mind. 1t runs
through both weave and warp of
the warehouse act. By the way,
reader, have you ever read that act?
How many are those who have de-
voted to its study a reasonable
amount of intelligent thought? 1t
is the only intrument of legislation
which provides an absolute source
of relief to the producer of cotton,
who, since the war between the
States, has been a slave to our miser-
able credit system. 1t is the one
instrument, which, if utilized, will
enable our merchants to act as res
ervoirs, thus preventing the overflow
of cotton upon disorganized and
depressed market. l guarantee
that the North, East or West would
snap at such an opportunity to con-
troll the marketing of a product of
some great industry of theirs, yet
we people of the South are willing
TO sacrifice our very substance, rath-
er than cut rut or swerve the least
from a trodden path ingeniously
prescribed by the subtle brain of
subsidized interests.
The Warehouse Commissioner can
not build Our warehouses, wise
provision of the act, but he can and
is instructed to take them into the
system when built, provided, etc.
Every merchant and every farmer
who handles one hundred bales of
cotton or more per annum should
have warehouse upon his premises
sufficiently roomy to protect his cot
ton from the weather, if for no other
purpose.
Any merchant or farmer who has
such a warehouse. one hundred feet
or more from all other buildings,
well built and with a metal roof.
rain proof and first class in every
physical respect, can transfer the
same by lease or rental into the
State system and for the normally
small sum of about ten cents per
bale per month, secure State ware
house receipt which carries with it
all the privileges of the great sys-
tenn, and which is recognized by the
Federal Reserve bank as preferred
collateral security, to which notes
may be attached and readily dis
counted, payable twelve months af-
ter date,if so long time be desired.
A half dozen farmers producing
thirty or forty bales each uniting
their interest could likewise enjoy
these privileges.
The remedy is at hand, but with
out the preparation it availeth moth
ing.
Money is abundant, but cotton will
have to be sold at a sacrifice or
warehoused-the receipt will be abb
solutely necessary.
The privately owned and managed
warehouse is not practical, is too ex-
pensive and is undesirable. The
warehouse under State control is
feasible, practical and preferred.
Details would continue this article
beyond reasonable length. Those
who are interested can act for them
selves. A little deliberate thought,
little expenditure of money and a
little perseverance would fully pre-
pare our people to meet any emer-
gency that might come.
Dismiss the idea that warehouses
should be built of brick and located
on expensive town lots. Such is not
necessary. The proper place to store
the staple is in or near the field
upon which it grows and the South
Carolina warehouse system provides
this opportunity. E G EPPS.