The herald and news. [volume] (Newberry S.C.) 1903-1937, 1920-09-14
rain, weevils and worms

rain, weevils and worms
Il am just in receipt of letter
from my son in Denton, Texas, and
he says that in many fields where he
has been 10 to 20 acres would not
make a bale of cotton, on account
Of the weevil and the boil worm.
81 want the cotton producers Of
the South to get it out Of their heads
that we are going to make big crop
this year. Get oq of the bear side
of cotton and be bull, big bull
with a hump on your back.
Cali the cotton states except two
were represented at Montgomery,
Arizona and Oklahoma being absent.
The report, was unanimous from all
the states that deterioration was
greater than had ever been known
and that the government estimate
was too high. I want to say to the
cotton farmers and to those who
have 1919 cotton, Just sit steady in
the boat and you will see cotton go
very much higher than it has been
yet. The great big cotton bears of
the world are now getting scared
No Big Crop This Year.
"They know that there will be nq
big crop this year and they will soon
run to cover. Just at this writing, I
learn that cotton has advanced 200
points, the limit allowed by law for
one days fluctuations. And the re-
ports stated that there was none for
sale.
"Now, just a word to these who
are selling their first pickings: If you
will hold it off the market, put it in
warehouse or under shelter, you
will in short time get $50 bale
more for it.
Gall that we have to do this year
to make the South Independently
rich by obtaining for once a profit
on cotton is to adopt the method out
lined by the American Cotton asso-
citation at the Montgomery meeting.
The price fixing committee recon-
mended a price of 40 cents scaling
the price upwards one cent month
after the first of October.
The Farmers Program.
tsThis committee weighed the stu
alton very carefully and viewed it
from every angle and standpoint, and
fixed the price according to the law
of cost of production and supply and
demand of raw cotton. We realized
that. this was going to be another
very short crop, the sixth in success
sion. There will never be another
crop as large as those we had prior
to 1914.
"The association recommended
that 25 per cent. of the best grades
of the 1920 cotton crop be put aside
and withheld from market for about
a year. Also we recommended that
one-third of the cotton land planted
in 1920 in cotton be sowed in grain
and planted in food crops.
ga committee was appointed to
look into the advisability Of organiz-
ing an export corporation that they
might t. able to get some Of these
low grades Of cotton into the markets
of the world, as needed.
eft was urged to market this crop
very slowly. According to the law
of supply and demand, by the with
holding of this crop from the market
we are bound in very short time to
see cotton very much higher.
''The spinners of the world have
very short stocks and are obliged to
have cotton. We are going to make
them deliver the goods. Even if cot
ton should go to so cents, cotton
goods could sll off from present
prices and yet leave handsome pro-
fit for the mills. The farmers are
not profteers. They do not wish to
extort from the public, but they do
resent having the world told that the
high price of cotton causes the high
price of fabrics, when this is abso-
lutely untrue"
TIE limited LUTHERAN