Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1919-10-24

opinion on the matter until she had
talked to him.
TALKS FIFTY CENTS coTToN
Wannamakef Brings Enthusiasm From
New Orleans.
Columbia, Oct. is-77R Returning today
from New Orleans, whore he attend
ed the world conference held last week.
j. 8. Wannamaker, president Of the
American Cotton Association. issued q
statement in which he declared that
the consensus of opinion at the, con-
ference was that cotton was going
much higher Immediately. He is COM
|yinccd, he says, that the staple will
be bringing forty cents within the next
few weeks and that 1t will be bringing
fifty cents before the present crop is
disposed of. s
II went to Now Orleans" said Mr..
wannamaker, "bclieving that cotton
wac going to advance to forty cents
soon. I came away convinced that It
would reach that figure very shortly.
| 1 am further convinced that In tho
first months of 1920 we shall be selling
cotton for fifty cents pound.
Manufacture Quoted.
even the manufacturers themselves
admit that cotton is going much higher
than it is now. Anew Orleans paper
carried an interview with one Of the
officials of the National Association of
Cotton Manufacturers' in which he
stnted that tho demand for eottoA q
would provo greater than the supply
and that the staple would go much
higher than at present time.
i'Prof. John A. Todd, a British a,i-
thority on economics in general and
cotton production in particular, wasin
New Orleans for the conference and
gave out an interview to the New Or
leans paper In which no said: We are
hopelessly short of cotton and America
| is the only producer which can in
crease production to any large extent
He further declared that the Ameri-
can farmer need not be afraid OF the
prices dropping. Prof. Todd has Just
completed a tour of our cotton belt.
| He spoke as an expert. Throughout
the convention no stressed the neces-
,sity of the south increasing its pro-
duction of cotton. He declared the
main need now is to get enough cot
ton and cotton goods to clothe the
world.
| Better Understanding.
"I selievo that as result of the
conference at New Orleans the fpin-
ners both of this country and OF Eu-
rope, have better understanding OF
the situation of tho south. l believe
that they have had their eyes opened
regarding the cost of production q
cotton. The result is obliged to be BEN
ehcial to us We have seen the last
of cheap cotton. Prof. Todd admitted
that the probability is. that cotton VIII
never again sell as low as twenty cents
pound.
"There may be many who will DC
loath to give us credit, but / believe
the organization Of the American Cot
ton Association Is due the credit Tor
the fact that cotton Is bringing Wnat
1t is today. I believe firmly that II
the farmers had not undertaken In tho
gloomy days of last spring the perfec-
tion of an Organization, cotton wouio
he at. least ten cents a pound lower
than it is today. When we first be-
gan to form our organization the
hears were in complete control OF the
market. We were told that there was
tremendous surplus of cotton on
hand and that there was little pros
meet of prices being bettered, but with
our Temporary organization We began
Apht for the rights of the farmers,
have fought hard and we have re-
suits to point to.
"I received reports from all over
the belt while in New Orleans ana
thew were to tho effect that the Or
qanization of the association Is pro-
ceeding splendidly everywhere. The
fact that cotton Is now bringing around
thirty-five cents has not chilled the
enthusiasm of the farmer for the or
GA nization. He has learned better. he
knows that If tho association was now
70 disband, that the price OF cotton
would begin to drop.
"a better day Is dawning Tor the
southern farmer. He is about to re-
ceive rights that have been denied
him all Of his days. I am happy over
tthe outlook. 1 believe victory Is IN
sight for us. With permanent or
eanization effected, we are Obliged 10