The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1918-08-07
DAVE TRAILER
FOR CONGRESS

sert that the only real advocates of price fix
ing are cotton spnners in the east, who wish
to force the market prices low, so that there
may be a large profit on manufactured cotton
goods. Another group is made up of the
spnners and the eastern bankers, who favor
a prce-ixing plan, a warehouse system and
the purchase Of the surplus crop through
federal aid.
Still another group is comprised of south
bankers who take of much nego-
table cotton paper" and securities They
would like to see some sort OF price fixed If
not too low the idea being to stabilize these
staples.
The three groups have had some confer
with Governor Harding, of the federal
reserve board. He is credited with being in
favor Of price between 22 Y and 81 Il cnts,
If price eventually is fixed.
CORPORATION LAWYERS IN CONTROL OF
CONGRESS
If in 1914 the farmers of the South had had
enough support in Congress to give them pro-
lection, the government could have taken
cr the crop and saved the South from the
panic that we experienced but that didn't suit
the big cotton spcculator.
Congress is composed Of i35 members.
OF this number .3I9 are lawyers
ONLY ................5s .5s REPRESENT
FARMERS. l.ABoRERs, ETC.
What can YOU expect in the way Of legisla-
ton from them?
DO they represent YOU or the CORPORAL
TlONS who pay them big fees?
''''" "!'- 35c COTTON s'"~
Taking into consideration the extra high
cost of fertilizers labor and general condi-
tons surrounding Il farm. cotton will cost the
farmer today at least 20 cents pound but
believe that he should get at least 30 cents as
a minimum for mdding basis, and intend to
make a fight for this price.
GnVEKNME\r HkS kJRElnV SEV DDIf,E
on COTTON GOODS
The government has already set price on
four grades Of cotton goods including sheet
ing and print cloth The avcrag" price set
is 76.i cents per pound Let's figure Just
little:
Government price OF cloth to-
The Price OF MildIng Cotton
today is 2Sc per lb.
Gross Profit to manufacturers i7slc per Ib.
Both OF my opponents are Corporation Law
ycrs who have represented and are now repre-
scn1ing the railroad and manufacturing in
tcrcStS. Whose bread | eat their praise I
sing"
Congress is trying to strange off setting
the price of cotton until after election, thcy
they will do as they please. Elect Dave TraY
Ter TO Congress and it is his interest TO fight
for high priced cotton and see that the farmer
gets square deal
NOTICE THE DIFFERENCE.
Congress has allowed the Secretary Of Ag
rculture to establish the following averages
of the differences between grades as Figured
on July II, 1918. Quotations from ten mays
ketS designated by the gOvernmentse~~
Grade Points
Mdding Fair 236 above middling
Strict Good Midding 1913 above middling
Good Middling l43 above middling
Strict Mddng S6 above middling
Mddling basis
strict Low Middling ll9 of middling
Low Mddlng 33l off middling
Strict Good Ordinary iI6 off middling
Good Ordinary 623 off middling
Practically all other grades have no market
value and range from cents to 10 cents
pound below middlns.
LINTERS
I am Informed that Linters as rule should
sell for about onc-fourth of the value or
mdding, but today the government has set
the price at 4.67 and a monopoly of this grade
of cotton is practically in the hands OF the
Dupont people. Why shouldn't this grade Of
cotton today be bringing Z cents pound? 1t
IS fact that when the government sets
price like they have on Linters they cannot
be sold then for any more or any less, and If
Mr.. DUPONT can have this price set for his
advantage, is it fair to the farmer?
COTTON MARKET SUFFERS BREAK
Renewed Talk OF Price Fixing Heard.
NO CHANGE IN NEWS
General List Closes Irregular mt Net Decline
OF Over TWeRty-Seyen Points
New York. July 19.--Renewed talk OF price
fixing, unsettled sentiment in the cotton mar
ket today and led to sharp break I'm prices,
although there was no change in the crop
news October contracts sold off from 25.7S
tn aud o1n trrttl 4, oxnJ