The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1919-05-28

lei HOLD
anpamaker Advises Farmers
That Prices are Going Much
Higher
looks FOR HIGHEST PRICE
SINCE CIVIL WAR
Condition Of Dry Goods Market
Is Such That Cotton is Bound
to Advance.

Columbia, May 22.- informatlon
which z have received during the
past lew days convince me that cot
ton will shortly be bringing the
highest price since the civil wal
saeclared J. Skottowe Wannamaher'
president of the American Cotton AS
sociation, on his return today rom
New Orleans where he has bee.a si,ice
the meeting of the association IN .lias
. city last week. we have naked
world to clothe and the dry gooos
shelves are empty I have looked into
the dry goods situation and know
whereof I speak. Cotton is obliged to
aavance There may be slight pc
rod of reaction but it will be for few
4 aavs and the market is sure to go
to heights unknown in a very snort
time =
Mr. Wannamaker, who was chosen
president Of the American Cotton AS
sociation by an; unanimous vote, says
thai the association is planning cam
naign of education and information
IN the cost of production Of cotton.
He declares that the world has an
EIea that cotton can be produced for
almost nothing and that the south
ern cotton farmers can grow only cot
ton.
ssssThe South Carolina Cotton AS
aoeiation has already opened the eyes
of many people" said Mr.. Wanna
maker. ssI was told by men from
New York that If it had not been for
the South Carolina Cotton Association
cotton would today be selling for i
1-2 cents. One man from New York
told me today that there were several
.sbroke" cotton bears in New York to-
day as a result OF the work OF the as
ISOLATION of this State"
-. Chairman WannamalSer found
hundreds Of telegrams and letters
swaiting. his attention when he ar
rived today He is besieged with IN
vita tons to speak, the invitations com
sagSall the way from Dallas Texas,
to New York City. He regrets that
He will be unable to accept all Of them
hit says business pressure will com
gel him to decline many of them
Mr. Wannamaker is hopeful thai
the headquarters of. the American
Cotton Association. will be located in
Columbia. Atlanta, Memphis, Dallas,
Columbia and Birmingham are all at
ter them. He is Of the opinion, how
ever, that this city will be chosen.
IS Regarding the headquarters Of the
export corporation, Mr.. Wannamaker
SAYS that New Orleans. Memphis, Dali
las. Houston, Wilmington and Savan-
nah are contenders. There viii be a
meeting of the executive committee
of this corporation at New Orleans
next Tuesday.
Chairman Wannamaker was very
emphatic in his advice to the cotton
producers to hold their cotton. Il am
convinced he said, after seeing tel
egrans from dry goods houses and
users of raw cotton that the market
is going to advance. The longer these
people postpone buying cotton the
higher the price they will have to pay
for it. The farmer must not sell his
birthright for a mess Of pottage. That
is what he is doing when ne sells his
cotton now
4NThe South has the cotton said
Mr. Waunamaker. 1.-The world has to
have it. The Southern cotton farm
er can name his own price if he Will
Just do So" Mr. Wannamaker said
that the American Cotton Association
was very badly III need of funds
Several contributions have been re-
ceived he said, but more more money
rs needed