The herald and news. [volume] (Newberry S.C.) 1903-1937, 1920-08-27
Plan For Struggle
Against Bankruptcy

WeevI conditions but both the RISK
and the cost are greatly increased.
Because of the increased risk every
man should reduce his cotton risk IN
favor of less risky crops for hone
consumption.
"The cost of commercial fertilizers
instead of diminishing since the world
war is Increasing.
'The enormous increase IN freight
rates will greatly add to the cost OF
food and feed products shipped from
the West, particularly bulky feed Ike
hay, making it necessary to raise all
cur hay and other feed crops at
home.
Farmer Never Strikes.
''The American farmer was the che
class of labor during the war ana
since who never called strike,
either for increased pay or for
shorter hours, but rather have they
gotten their increased pay over their
increased cost of production by add
ing longer hours to their labors: Farm
laborers have left the farms by the
millions. Most Of the cutters have
focked to the white lights of cur
cities and it is absolutely necessary
shat we have prices not only for cot
ton, but for all products that Wlli
Justify the farmer 70 remain on the
lob and further to enable him to pay
the remaining faithful laborer a wage
sufficient to justify his remaining
upon the farm.
"We are told by manufacturers,
dry goods dealers, bankers, ETC., that
the world can not consume a large
crop of cotton under present condl-
ions at a profitable price.
eve are advised that financial
conditions abroad will not allow an
increase in export Of cotton to
Europe for many months.
"The decrease in price Of cotton
seed greatly diminishes the net re-
turn for the farmer, necessitating
higher prices for lint cotton.
sWhereas, the power lies within
ourselves by cooperation and stand
ing together in unity of action IN our
organization, the American Cotton
association, to astonish the world and
fix the price Of our cotton with a
reasonable profit on our investment
and the world recognizes our right
to have a living profit on our pro
duction;
"Therefore, be it resolved:
"First, That We Immediately put
on a campaign to induce the farmer
to hold every bale of cotton of the
market until the minimum price set
by the American Cotton ASSOCIATION
is obtained.
Second, That we Immediately take
steps to plant at least one-:hird OF
the 1920 acreage in other crops
than cotton-lhiefy food and feed
crops and that at least one-half OF
this acreage be planted in wheat, cats
and barley before December |, 1920.
Third, That these resolutions be
presented to the American Cotton as
sociation at Montgomery, September
!, 2, 8. and that our delegates use
every means possible to have them
sdooted.
Fourth, be it further resolved,
That we let it be known herewith
that we are informed as to the CT
forts Of the English spinners 10 get
suitable cotton from elsewhere than
in America; and
Fifth, That we hereby call or
the bankers particularly to come to
our aid and use our coJs-n stored IN
our warehouses as the best collateral
on earth and tide US over the crls-s.
(Adopted.)
"Be it further resolved, That be-
fore We viii enter again into another
half century Of servitude, continues
ignorance and poverty we Will with
reluctance but with certainty :ahan-
don the culture of cotton to the OK
tent It proves unprofita ole. y
Ccc.,mitee Named.
Mr.. Kamer last night announced
the anpo;ntment Of the following
committee to arrange the ways and
means of putting into operation OF
the American Cotton Growers cor
porat;on, the organization OF which
was authorized at the cotton meeting
Yesterday: J. Skot5owe Wannamakar
Of St. Matthews, Louis I. Guion Of
Lugof, Charles H. Barron of Co
lumb;a, Richard l. Manning of Co.
lumbia, Alan Johnstone of New
berry, Bright Williamson Of Darling
tor ard E. H. Pringle, Jr., of Char
lesion. Mr.. Hamer is eX-otficio chair
man Of the committee.
The members who were appointed
last night were called over the tele-
phone and all accepted the appoint
ment. A meeting Of the committee
has been called for Friday at noon at
the Jefferson hotel. 1t was stated
last night that plans would be i'm
mediately launched for the formation
Of the corporation, which is to have
a capital stock Of 100000 bales OF
cotton. The committee will have It's
plans ready for submission to the
meeting Of the American Cotton as
sociation at Montgomery next week.
cEPVICE IN