The herald and news. [volume] (Newberry S.C.) 1903-1937, 1919-05-16
EXPECTS GREAT RESULTS FROM
NEW ORLEANS CONVENTION.

II w nVCS -NVO NV AAo'f
Farmers Can Sell Cotton for Less
Than 81 Cents.-Must Stick toI
Pledges to Reduce Acreage.
Columbia May 10.-J. Skottowe Wan-
namaker, chairman OF the South
Carolina Cotton association, gave out
the following statement today just be-
fore leaving for the big cotton con-
rention in New Orleans:
II have received numerous letters
from every section Of South Carolina
from farmers whb signed pledges TO
hold cotton for IS cents pound, basis
middling, or remunerative prices,
asking if they could sell cotton for
less than 35 cents per pound, basis
r1iddling and NOT violate their pledges,
and have also received many letters
from South Carolina and othe" sec
tions of the culon belt asking for in
formation concerning the outlook TO"
prices fer cotton now on hand.
Cannot Sell jHr Less Than 35 Cents.
cir respones to the first in1u:cy
would state frankly that on basis
of cost I cannot see how farmer
can possibly sell cotton for less than
S5 cents per pounds, basis middllng,
considering the vast amount OF low
grades in his crop, and receive a
remunerative price. l felt that the
pledge should have read "35 cents per
pound basis middling", and I made a
desperate fight to have it read this
way but other sections Of the belt
thought otherwise and the pledge was
finally amended to read "35 cents per
pound, basis middling or a remuner-
ative price.
'The cotton market had been abb
solutely under the control Of a clique
Of manipulators when / first entered
1 this. Hight, Thsy. had planned to ras
spot cotton down to II 10 cents pei
1 ponnd, basis middling, in the South.
| They had planned to buy cotton for
the coming fall at 10 cents to +
cents per pound. In addition to hav-
ing manipulated the cotton market up
Eand down and f1eeced the producer as
Ia ffua1 climax, plans were laid that
exuuid. practically have done away
With composition III ? buying. Certain
Eb;g nauipulators and Northern spin
ming interests were concerned in
these plans. Had it not been for the
desperate fight organized in the
| South these plans would have made
good and the South would have gone
broke. There is no scintitla OF doub'
as to the truth of these statements
No novelist has ever in fiction, over.
| drawn the manipulations and crimes
that have been put through by ths
gamblers and manipulators In cotton
especially during the last few years
81 am convinced that we have seer
our maximum crop of cotton. Labor
conditions have changed. Cheap Ia
Dor is a thing Of the past. Never
again will the South produce th'
large cotton crops.of the past. Th'
high water mark in the production o
: cotton for the South has already beer
established and will never be reached
again. The fertility of the soil ha'
been tested by the use OF enormou
amounts of nitrate of soda to TAX
the place of shortage Of potash, be
sides the average farmer today is
man of sense and, he knows knows o
those influences that are working fo
and against him. He knows that tn
course of wisdom is to plant norma
acreage in cotton and produce nee
essary food crops for his stock ant
family, which are as costly to pur
chase in dollars and cents to them a
cotton is at so cents a pound basi
middlinG.
Letters Have Been Sent Out.
The South Carolina Cotton asso
= citation has sent out letters and ques
tionnaires to every cotton factory il
the United States, Canada. Englan
and France giving them information
o ''"