The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1920-06-26
Senator Gives Account
SO ss teWardship and Asks
"a hieh to Serve
the People
D eIFD TO NTER
ESTS OF FARMERS
as the Measures He Has
Figinat ted and Had Enacted
the Benefit and Protec-
lion of Southern Farmers

the ationai Democratic Con-
Tenfson 81 San Ffanciseo, sent a state
81 eslf to Chairman Gtlffen
! s6rSifay recounting his record of sef-s
) iSyf ana achievement IN the line OF
ffo the people Of South Caro-,
sI lina which was read TO the meeting.
statement was as follows
nok merely an the gratidcat1on
:5axsonal pride but with the belief
3 "a a. sUeexation ZOE doing something,
3 6eSf18 of service to our great Dem
party that ann to be absent
4 3i35s fha stats for the first few meet
3Sa 6iifsnE the campaign to seIect2a
fxi;aI mes for the United States Sena-
seeui6 prefer: for some reas
sjSE3iSis. tS De at home among my own
for when we representa-
people so 70 washington and
'sszss NE censtraint OF thar atmosphere
AreaI delight; to get homes again
see4 HE anglesof observation and
esfon sof the people who make the;
Rhats It Is s;ss 80.
6S reaiise that the opportunity
hare enjoyed TO represent
sSf fls33 "a part at the nations capital has
me an acquaintance with men
ara 4fsairs and issues which may be
ss{saase useful TO my State IN the coun-
az the% & party. and this expert
!; xsIsS Dfaaes tfIe under debt to the
& SD my state to serve again in
4 Z IfS 6av that I may In selecting ar
Sindard bearer participated in
reat Gal thering at Baltimore
ritt sars ago when the unbroken
{ 6fs3nifsnt of our delegation made.
ddas he selection OF a man who
sss "a tos dVfctory, q man who has been
ineUfnp nparaf3le party leader, in "a
@Sff4o which has been more trying
any atiler hour since Valley
IgsSes that cannot appear be-.
the people OF my native county
am ial lk with them Of events and af-g9
IL which q have participated id
fdiie last few years, but Z know that
stheS require at my hands no formal
aceonntng Of my ystewardship- How
as this is the opening day OF the
fxEHpalgns i Will IreSpaSS upon 1youi
spatience TO recount briefly few of
io tie matters OF legislation in which
hare the prfpHege of sharing. While
am proud ef the record which
have made IN the effort to get useful
ana renaedica legislation. feel that
In the next administration z can ac-
conan1ish naors. 49,. Il
Ancfher SIX years is rapidly draw
S7fns 10 close. During this period ]
strfven faithfully TO meet the
dates and responsibilities OF the Of
:ice Of United States Senator. During
both terms Of nay Office as senator
have endeavored to serve the best
sisiferests OF the State and the nation
xsrecognze that the foundation of-our
Prosperity and South depended large
az upon the prosperity Of the agricul-
uaraf interests. I have devoted a large
portion OF my time to the interests
sof the farmers OF the South. No Sec
ton OF the world had such mono
posy OF worlds necessity as the
South had in her cotton crop, and yet
She became absolutely Impoverished
In the production and sale Of this ar
ficle.
There were two prime reasons for
this CONDITION. First. the cotton ex-
changes had established certain rules
and regulations that gave them abso-1
.luts control of the marketing OF cot
ton. They had so arranged these rules
that they in large measure nulhfled
tie laws OF supply and demand.
The second force that operated
against tba producers Of the South
was .he old banking and currency
ssaw OF 1853. Under the operation OF
this law. the supply Of currency was
absolutely under the control OF q few
and on account of its inf1exibllity the
situation was such that the more we
produced the less money per unit OF
f.educsion we had So that when we
made crop Sufficiently large to meet
IN some measure the demands OF the
world the, less we got per unit.
Il introduced and had passed a bill
70 regulate the cotton exchanges so asI
TO make their transactions reasonable,
Il
could do so. After several years trial
dt became necessary to amend thisI
law. The reason this amendment be-
came necessary was because when the
bin first passed the number OF gradesi
sof cotton standardized by the govern
ment were about nine, and were oil
such a nature as not to affect serious
ly marked transactions in their de-.
livery The bill provided that certain
standard grades should be deli:ered'[
ON contracts Under the provisions of
another law the agricultural depart
mert was empowered to standardizef
the grades, from time to time and to
promulgate the same. This it did. in !
creasing the number of grades to 21
sor 22. taking in such character Of cot
ton as to make it possible for the ex-
changes under the law to perpetuate. /.
.~;,,a <nlxysff J,p Ga me- - ahuSeS aSt