New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-12-23

HE the price we viii have to pa
for cotton goods. Two wears az
1T was said that the high price Q
cotton goods was due to two cat
ses-short crops and high prices
to-day, with fairly good cotton
crops but still higher prices, wher
will cloth go?
"Twenty-cent cotton sound
like 'war-times but those war
times meant the laid-Waste cotton
land-no crops planted and III
one to plant. Twentv-cent cotto1
to-day-it comes because of anoth
er war-war in another land-us
ing America S cotton. Twenty
cent cotton sounds good to the
merchant who expects a tremend
Gus business season. and it will
mean the circulation of MANY dol
lars-but it also means suffering
IN still larger number of homes -
I
In South Carolina the Charles
ton News and Courier notes that
besides the fact that cotton is
nigh because the South has not
been able this year to grow as
much cotton as the world is able
to buy. there is the second reason
that "cotton-futures legislation
prevents the spectators from con-
trolling the market against the
laws OF supply and demand. The
people Of the South are at last
protected in this regard, and they
have abundant cause to be CRATE
full that this = true" and it adds:
The best thing about the high
price of cotton this year is that
1t has come at time when much
OF the cotton should still be in the
hands Of the growers so that they
will be able to get the benefit of
1t. When cotton made such a
sensational rise at the time Of the !
Sully campaign in 1904 it was at |
the end Of the winter and the adj
vantage to the South was very
small. Now. however. the me.-
chants and the farmers are profit
ing, and to a degree which must
bring great prosperity to the
South as whole, while saving
from distress many sections in
which there would have been much
this winter if cotton had
not brought the prices it is bring
ng."
This journal is among those
which believe that the great ma
ority Of farmers henceforth will
EEL that the cotton-crop limit is
% be fixed only after they have ar
'anged to "grow their feedstuffs
or their stock and taken ere of
heir own tables as far as posi-
'le." Then the Greenv;lle News
avs that the "stage is all set for I
great cotton-acreage next year," +
nd it advises its readers: I
Make cotton the money-crop.
'aise enough for all practical
urposes. But remember that a >,
ollar saved is a dollar earned. :
nd that the raising Of foodstuffs,
he plan Of living at home re-
alts in dollars saved. What
oes it profit a man to get many
ollars for his cotton if he must
raightway spend all of those doll
RS for bacon, lard, butter, eggs
,rn, meat, flour, and meal' Con-
der. also, the coming of the boil
eevil."
In Georgia the Atlanta Consti-
tion recalls that GIVE years ago
e universal verdict was that if
e South could enter upon anoth-
period of ten-cent cotton. con-
tons in that section would be
volutionized:" Since then the
rmers there have very largely =
i'd their mortgage Indebtedness,
It instead Of being in an era of
n-cent cotton have entered upon
era Of twenty-cent cotton, and
is the belief Of this journal that
e leverage price for the next
" years at least will range be-
cen fifteen and twenty cents
e pound, regardless Of
} duration Of the war abroad"
is means that every business
crest in the South-that of the -
lroads, manufacturers indus
es of all sorts. and every line
merchandising and Of CONNER
! enterprise, including farmers
s just now entering upon an
j Of prosperity "the like Of
ich had never had its counter
T. in anv section Of the conn