Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1919-03-07
How THE SOUTH HAS FARED.
Congressman Stevenson Points ou'
Governments Bad Faith.

Congressman Stevenson Points ou'
Governments Bad Faith.
One Of the important bills which ha:
been under discussion for several day!
was that enabling the president t
carry out the price guarantee made tc
producers of wheat, and protect tho
United States against undue enhance
ment of its liabilities. The people Of
the Fifth district will read with inter.
est the following remarks made or
this subject by Congressman Stevenson
of South Carolina:
J II am somewhat in sympathy v 80.
the purpose Of the gentlemen from
Pennsylvania (Mr. Moore) in so far as
protection to the consumer is concern
ed. had an idea that he was to be
prot{cted under the licensing or sup
erviang system provided in the bill;
but xwant to talk just minute about
som4 Of those who have not had any
protsction, and am little curious to
know wwhy they did not put some pro-
visiof in the bill for the protection Of
some more of the farmers.
"The statement has been made broad
cast, and great deal has been made
out of it, that nobody's price was fix
ed except the wheat mans price. The
misstatement amounts to this, that
nobodys price was fixed and guaran-
teed except the wheat mans; and
want to say to you that there Is a large
class, of farmers the price Of whose
goodS has been fixed but was not
guaranteed. and they are tied UP tight
today and have lost over $1o,oOo,ooo
Take the matter Of the cotton seed OF
the farmer Of the south-about 5,OoO,-
600 tons. 1t was selling at $S3 ton
They came along and said that they
must Ak the price Of that to prevent
exorbitant chargesseapd they reduced
the price to ss2sa ton, making de-
duction at ono link from the market
price Of s7o.oo0,1oD. They fixed it at
that and let t<pn along for while
until some Of Is middlemen and some
| of the faSmers 1kd considerable stocks
and seed on hspd-which they had OBJ
tanned at the pfice fixed by the gov
ernmont, and then they reduced 1t an
other dollar ton. They did not guar
antee that anybody could sell 1T at
that. That took $5.O00,oO0 more. Then
they took the nnters and reduced the
price cents pound-the, linters that
were to be taken by the government
for the manufacture Of explosives. BY
that Hduction they caused the farm
ers OF the south loss Of $21,ooO,O0o
but tH6y. made no guaranty about TAX
ing cate Of the loss that we sustained
there. {rhey went ahead thep, and, as
soon ssthe agwistica(ls Msped they
| cancel yaA the }co9 fute Iinters
and rs}dsf thsfE 81 sa Aat the
farmel scan get only as bound
for then now. That cost Or ther
niggaraly :s1s. .ooO, 600 sasi 4as result oi
price .ftxfng without q guaranty at
tacheds THAT makes IA !. 900 600 that
they Asa for us. but they dld not
fguara{itee us against loss. I sympa-
thize with the gentleman over there
who wants to be guaranteed against
loss on the floor that are going to
buy from those fellows who had a
guarcnty out west. You must remem-
bcr that cotton seed, after it Is crush
ed and put into the mill, Is sold back
| to the farmer for fertilizer; and they
said, If you take that seed home and
keep it there over go days you will be
guilty Of boarding" and they indicated
some people in my county for hoard
ing cotton seed, so we had to let 1t go
until the mills were blocked, and they
have not bought pound Of seed since
the 1st Of December; and where are
we?
"They Immediately raised the price
of the cottonseed meal. Having re-
duced he price of the cotton seed $l4
a ton, they raised the price Of the
meal 81 a ton, and thereby they hit the
farmers Of the south for $15,76O,OOO
more than the price Of the cottonseed
meal, but did not get any guaranty, or
relief or protection either out OF the
consumer or out of the producer. That
Is one item I have been sometime de-
sirous Of letting somebody find out
that price fixing was not conhned 10
the wheat producers Of the west alone;
that the price fixing and the guaranty
WAS confined to them, and that they
are the fellows who are on top. now
think It Is a good time to put IN
something here to protect the con-
sumer, because we have all got to buy
wheat, especially the southern farmer
who has been hit $127,OOO.0OO by price
fixing without guaranty.
"Mr. Baer-Under what adminlstra-
ton was that
"Ayres-Out of my state all last fall
they claimed that the south was In the
saddle and fixed the price Of wheat
end they did not fix the price OF cot
ton.
"Mr. stevenson-Yes; and they elect
ed a Republican house on that plea
and now are going to get s1,OOO'oOo'ooo
az a result of the action about which
they howled, while the southern farmer
gets 1t in the neck. I am standing 10
the government fixing the price OF
wheat and carrying out her contract
had a letter from a member Of bond
house in New York last week in W. .ch
he said:
"Do you know 20 per cent OF the
next sale Of Liberty bonds Is going TO
be used to pay bonus to the western
farmer on wheat?"
"T do not know 1t: but who Is 60
ing to buy United States bonds If the
United States begins to repudiate her
contracts with the farmers|
GERMAN ECONOMIC UNREST.
confusion and Doubt Reign Through
out the Whole Country.
| -. -. -...,..+ ,tr;l,oa which have