The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1917-01-13

and to study the plans and methods
| or those States in dealing with this
condition. The disaster which &C.
companies the boil weevil will apply
to farmers, bankers, merchants and
professional men and all classes of
our people. That commission. co.
operating with the Federal govern
ment. with Clemson College, our State
Agricultural Department and every
other available agency, is now doing
effective work in leading our farmers
and business men to prepare for this
disaster The diyersification. .of crops.
the selection of early varieties of seed.
the raising of food crops and the, rails,
ling Of cattle and stock are among the
important steps that are to be taken.
In this connection cannot too
strongly emphasize the completion of
the cattle tick eradication which has
been carried on so thoroughly and
rapidly by the State and Fedora, cow
ernment. You understand this mat.
ter and need say no more than: that
it will be necessary for the State to
appropriate $so,QoO.O0 for. the work
this year, in order: for us to secure a.
continuance of Federal aid; and it is
hoped that in two, more years this
work can be completed, ID, our. State
cleared of this hindrance to cattle
raising, and thus enable us to meet
the dangers which are Immediately
before us.
The Lever Act.
repeat my recommendation, of
last year and ask that you make the
necessary appropriation to continue
the work that is being done in the
Agricultural Extension Department Of
Clemson College under the Lever Act.
SO that we can obtain the increased
amount Of money that will come TO
as from the Federal appropriation
under the terms Of this Act, provided
we do our part.
State Warehouse System.
1 respectfully refer you to recon-
mendations made in my annual mes
sage last year on the subject Of the
State Warehouse System, in which T
stated:
Operation Of this system has dem-
onstrated that it can be of great and
valuable service. 1t should be our
aim to perfect the system, to operate
it on sound business principles, to pro-
tect it against possible abuses, and
to throw around it every safeguard.
Make the State warehouse receipt a
collateral that will be recognized as
safe, SO that it will be sought after
money centers and money markets
of this country.
THE liability Of the State should be-
clearly defined. 1t is not necessary
for. me to suggest specific amends
ments to the act. 1t is. we'll to bear
in mind that our chief source OF bor-
rowed money is to be had through
the Federal Reserve Bank. :, The re-
Quirements of that institution should
be met, both because they are sound
and reasonable and because these re-
quirements and, these safeguards will
the sooner attract attention in money
markets to these receipts as, collater-
al. and thus will be sought after by
investors. This will eventually lead
TO, the lowest obtainable~ rates, Of in
terest. / refer YOU to, the question OF
ownership and management-the
manager OF the warehouse issuing ne
gotiable. receipts should be disinter-
ested party and not the owner of the
cotton stored, on which it is pro-
posed TO issue negotiable receipts. Ac-
curate and reliable grading, and
weighing by licensed graders and
| weighers is Of great importance. 1t
may be that these matters might, best
be regulated by rules and, regulations
of the commissioner and the Board
| Il Commissioners, to which / will re,