The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1919-07-02
World Demand for Raw Cotton
Shows Shortage of Supply

l
rope shows a shortage of cotton
lought in the last four years as COM
pared with the previous four wears
CT l5,935,437 bales. In the above es-
innate which we made as the result
OF careful investigation, we only
SHOW her pressing needs.
Abnormal Demand for Raw Cotton.
Both the American Cotton Associa- :
ton and the American Cotton Export
FINANCE Corporation have received a
great number Of letters from every
section of Europe Urging that orders
Tor cotton be filed Gne order is
Tor 1000 bales of cotton per week
1or the next six months. These let
ters are coming from all of the manu-
1acturlng centers of Europe, from
corporations, firms and individuals, all
stating that they are in urgent need
or raw cotton. One of the large firms
states:
AS to the amount of cotton to be
used in Europe it will only be limited
to the financial arrangements that
can be made by Europe for buying
cotton in America and the transpor-
tatlon facilities. The trade fails to
understand the pressing need for cot
ton and cotton goods in Europe. AS
a result Of the war England, France.
Belgium, Germany and Austria are
! snort from 1918 to 1918, inclusive, at
east 100000 bales of American cot
ton. They are short as comnared
with the four previous years 15,935.-
43f bales. There were over a | ,O00.-
QUO bales of raw cotton and mann
1actured cotton goods DESTROYED dur
! ms the war in Europe, which added
to this amount, brings it up to IT,
ooo,o00 bales of cotton. So that if
VIII De readily seen that there is an
unheard-of, almost unthinkable. do.
mapd for raw cotton and cotton poode
in Europe. >Our governments are en-
couraglng intense activities on the
part OF manufacturers and lendinp
them every assistance possible to our
chase raw cotton. They fully realize
that this is absolutely necessary 50
as TO stop the great unrest and fur
n1sh the people with means of earn
ing living, and also of furnishing
revenues for the payment of onr
enormous war debts. Our mills are
making more money than it was ever
thought would be possible, and if we
| can obtain the raw cotton, we will
have gold mine.
England has never been barer of
| manufactured cotton goocs in the last
sixty years. Do not have the impress
sion that the American mills h,ve
| supplied the need for .the manufact-
ured product in England Such is not
the case. The war created an abnor-
maj demand for raw cotton. This. and
| the destruction of cotton durinp tbe
war, has been entirely overlooked and
the European wants are entirely M
derestlmated, and have probably been
Kept in the dark by the American
manufacturers, who are reapiny
golden harvest.
Experts are now in Europe repre-
sentlng the American Cotton Asso-
cation and their report is in limo
WIN the above. They state in addi-
t1on that Europe will use fabulous
amount OF raw cotton at price even
lar IN advance Of present prices. Ev-
cry European country Is preparing to
put on campaign Of intense activi-
Ties Tor the purpose of regaininp lose
trade and for the purpose of furnish
ing their people with work, and thus
deriving revenues for their s,,nnort
and for the payment o. their enor-
nous war debts.
Law OF Supply and Demand Rules.
Inc enorous imitation in Europe will
OF course, drift into America. We of
course, do not take into consideration
the eighty billions of dollars in cur
rency Issued by the Bolsheviki regime.
This is practically worthless. The in
hation, aside from this, breaks all roc
ords' This in addition to the fact
that during the four years referred to
Americas consumption of raw cotton !
was really in excess OF production by
approximately three million bales that
is estimating the consumption for the
year ending August 81 at only eleven
'1i''ioI bales, and every indication is |
thA! ( VIII far exceed this amount. |
IL viii be absolutely Impossible,
ever with idaal weather con.Ht:ans !