The county record. [volume] (Kingstree, S.C.) 1885-1975, 1920-10-14
MIR. CARDWELL'S
SPEECH HERE OCT.2
WHAT ARE WILLIAMSBURG FAR
MERS GOING TO DO UNDER BOIL
WEEVIL CONDITIONS?

in states south of Us, has been met
with, first: a feeling of indifference
and disbelief. Second: disorganiza-
ton and panic after the arrival Of
the weevils in large numbers. Dur
ing the period of Generalization
following the arrival Of the weevils'
the amount of actual money loss,
and the loss of labor has varied &C
cording to the character of leader
ship. In some sections lands have
sold for mere song; the labor has
scattered over the entire country,
thousands of men, women and chill
dren- leaving, for the reason that
they face starvation. This gloomy
picture is typical of those sections
which failed to respond to the "get
ready" advice given by those fam
iliar with the ravages Of the weevl.
The Remedy
The remedy for situation OF
this kind is entirely in your hands.
1 am not telling you anything new
when state that the answer is
the farm, for both man and beast;
suffiency Of food and feed crops on
and after this has been done put forth
your best efforts to increase the per
acre yield of cotton by the observ-
ance of good farming.
Financial Condition of s. c.
South Carolina enters the per-
iod of depression ahead Of US in TAR
better financial condition than any
of the other states south Of her.
This is ineed fortunate, for you not
only have to face percentage loss
of your cotton crop by the boil wee
vii, but in addition you have produced
this years crops at a maximum
costs, an are confronted with rapid
ly falling markets.
A recent statement of the financial
condition of the State shows deposits
in South Carolina banks to have in
creased more than $780, 9,OO0,0OO.00
in the last fiscal year, being now
considerably more than $173,000.000
The growth of the savings deposits
26,OO0,OOO making between 25,OOo,0Oo
in the same period was more than
and $4,000 more individual saving
accounts in the banks of the state
than ever before. These figures were
compiled by the war loan organ'za-
ton of the fifth Federal reserve dis
trict from information furnished by
the banks, the state bank examiner
and the controller of the currency.
in Washington.
The steady growth in saving and
the increase in the number OF saw
inps accounts are considered whole
some signs that the tidal wave Oh
wasteful spending and the attendant
high prices which has swept the
country may be definate}y checked.
They seem to indicate, students OF I'm
ance and ecomics believe, a tendency
toward increased production, a grow
ing determination to cut down useless
expenditures and an earnest realza-
tion that money must be saved for
future needs and for wise investment
if new wealth is to be created and
if the business of the country is to be
returned to normal canditions and
placed upon a sound basis.
Thrift
We are not naturally thrifty peo-
ple. That is proven by the careless
manner in which we handle our prod.
ucts after having put our money ana
months of labor into their producton.
To illustrate, permit me to mention
the cotton crop. Your money crop.
When your cotton comes from the GIN
what do you do with it, when you 90
not have to turn it over to someone
in payment of a debt? Do you care
fully store it in warehouse or shed
where it can be protected against dam
age by exposure to the weather, or 90
YOU permit the bales to lie out IN inc
open? If the latter is the course fol-
lowed by you, let's stop and eonaeer
inst what this does to your cotton ana
your finances.
Some tests conducted by the U. 5.
Department of Agriculture recently
nSrove that millions of dollars are iost
every year from improper storage OF
cotton This has been known in a gen
eral way for long time by everybody
interested. in cotton. Briefly here Is
what the tests disclosed.
Bale No. /, fully protected IN ware
house, weighed 494 pounds at the start
and had a net marketable weight OF
4s2 pounds when re-conditioned at the
ord of the test.