The herald and news. [volume] (Newberry S.C.) 1903-1937, 1920-12-17

TO see an advance in the cotton mar
ket. In fact we notice that in some
places where the mills had shut down
that they are opening again and that
they have orders for goods.
We may not expect to see 40 cents
cotton again soon, and upon the
whole we are Of the opinion that it
vail be good for this country if we
do not. Other things will come down
in proportion to the decline in cot
ton, and it will be better for ali Of
us. Of course the man who has cot
ton for which he could have received
40 cents and who owes money and
could have paid it with cotton at that
price is hit pretty hard, but the man
who has cotton and who did not owe
money is just as we'll off as if he had
sold at 40 cents and kept his money,
because dollar will buy just about
as much as two would have bought
when everything is adjusted, and it
is easier to keep the cotton than it is
the money. No man who could have
paid debts with 40 cents cotton
l~,,. Io1l
There is a movement which looks
like it might. materialize to red
the production Of cotton, and there
are those who believe that is the only
plan to save the cotton. producer, but
somehow we can not believe that
there is overproduction so long as
more than half the world IS freezing
for, lack of proper clothing and ap-
pealing to the rest Of US to help them
and save them from such death.
The Egyptians nave decided to cut
down the production of cotton IN
their country, and the bankers in
their convention have decided to see
that the acreage is reduced, or to
withhold credit, and they advise the
same action on the rar5 Of the n'er-
chants. They also advise diversified
ton Of crops. That is good advice.
I. IS the same that The Herald aaa
News has been giving fac Sc YET;
and more. In this country We, arc
fully convinced that the Only sucesz-
full way fer the cotton farmer TO pre-
ceed is to grow or; the feTrs, what i2
needs for the fara1, and to DO this
shere must be diversincstien OF crops.
And any one who will take the t!ne
to look around him in his own neigh
borhood- will see the, PRACTICAL deui-
onstration OF it in his own comn1un-
I ity in the men who have made a good
living and who always had a little
money and were never pressed all the
time. That is the only safe and sound
ground upon which the cotton farmer
can stand if he desires to succeed.
It would be an easy matter to hold
this crop iflit were not in large meas
ure all made ON the credit system,
and as result does not in reality be-
long to the producer. But the JAR
which the country has received in the
defation will not be an unmixed evil,
! but will do all Of sgood in the end.
It will be pretty hard to stand for
the present, but we will get over 1t
and all things will be for the better.
The trouble with the cotton farmer
this year is that the present crop was
pitched and made at an expense
greater than any crop yet produced,
and when the price dropped more
than so per cent it made it impossible
for the crop to pay expenses. And
we think the farmer is right in hold
| ing his cotton where it is possible,
and if the price does not 60 up SO as
to give him approximately what it
| ccst to produce it, why then not plant
any cotton the coming year and it
will be found if there is really over
production. The raising Of the cot
ton is different proposition from
the manufacturing Of it. You can
start and stop the mill at any time
Of the year, but to make the cotton
it must be planted at the right time,
and when the season comes.
30 9 8 @ o 9 o @ @ @ o @ o o. e
. AMONG THE SCHOOLS o