The Dillon herald. [volume] (Dillon, S.C.) 1894-????, 1919-05-29
SAYS RAIN RUINED
STATE COTTON CROP
TO REPLANT, DE-
CLARES j. s. WANNAMAKER
Urges Farmers to Hold Cotton and
Not BE Taken i'm BY
Spectators.

Columbia, May 26-The cotton
crop IN South Carolina has been prac-
tically ruined by the excessive rains
of the past ten days according to a
statement given out today by the
South Carolina Cotton Association.
1t will be necessary, according to his
statement for very considerable
portion of the crop to be replanted.
In some sections it is claimed that
nearly all of the crop will have to be
replanted. The rains have caused the
cotton to rot, it is said.
]. Skottowe Wannamaker, presi-
dent of the American Cotton Associa-
tion, declared in statement issued
today that the crop damage was not
confined to South Carolina but COW
cred the entire belt In some state, he
declared, the conditions are worse
than in South Carolina
Critical Condition.
Hundreds of acres of cotton are
being abandoned" said Mr.. Wanna
maker while thousands and thous-
ands of acres will have to be replant-
ed. The condition is the most critical
in the history of the South. Unless
there is an immediate let-up in rain
and conditions for replanting and
reorganization are absolutely favor
able from now on the world will face
the greatest shortage of cotton in its
history.
I wish to urge every farmer to
hold his cotton and not be swept off
his feet by the advances made dur
ing the last few days. The market
has not reached its summit yet.
All Want Cotton.
"Not only Russia but practically all
of the European countries that con-
sumo cotton are in communication,
and have been in communication for
quite some length of time, with the
promoters of the Cotton Export Cor
poration. 1t leaks out that these
manufacturers are now quietly buy
ing cotton on the exchanges. AS
they have had an understanding with
the Export Corporation that credit
will be arranged for, they have Sc
cured the actual spot cotton. They
have decided wisely not to delay
buying. They realize the stupendous
demand will force higher prices and
make it extremely hard to secure
anything like sufficient spot cotton to
fill their demand. AS they lack funds
for buying spot cotton, they can buy
future cotton and carry it with much
smaller money than the credit can be
arranged. They are wisely buying
cotton on the exchanges of Ameri-
ca. The export demand for cotton
will far exceed any record of any
previous year since cotton was first
planted in America.
Will Wipe Out Surplus.
80 AS to the amount of cotton that
will be purchased by the foreign
countries, this will only be limited to
the supply. The foreign demand and
domestic demand will wipe out every
bale of surplus and will be unsatis-
fled before next fall this time. This
prediction is based on facts in the
possession of the association. The
world must have the cotton. They
cannot do without it. 1t is absolute
ly necessary for the purpose Of turn
ing the wheel of their factories. With =
out it they will have untold suffer-
ing Of their citizens who need the
dry goods and cannot longer post
pone their wants. The south holds
the spot cotton, the key Of the sit
uation and can name its own price.
1t is said that what is sauce for
the goose is sauce for the gander.
Turn about is fair play. For the first
time in sixty years the producer will
name his own price. The bears will
be squeezed, or probably more cor
rectly will be gored. In other words,
their plan to depress the price of cot
ton has absolutely failed and they,
themselves, will be pressed"