The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1920-09-30

consumer of low-grafe cotton and it is
generally believed that the curtailment
of German takings of American cotton
is largely responsible for the accumula-
ton Of low grades in the stocks in this
country.
A FAIR PRICE NECESSARY.
:. 1t is absolutely essential to the con-
tinued production of American cotton
that the cotton farmer receive a price !,
for his cotton which viii meet his !
legitimate expenses and return reas-
enable profit OF course, the production
of cotton should be placed upon the
most economical basis in order that 1t ,
may meet foreign competition and JUS
tify the Price necessary to retnrl! Il /
reasonable profit to the farmer. When
ever the market price of cotton recedes
to point dangerousls close to the cost
of production. or falls below the cost,
it of course becomes increasingly im-I
portant fer cotton growers to produce
at hHe. so far as possible. the food and
feed croIs, such as corn. oats, hay,
legumeS and live stock which the main
As you lGloH. this is in fact the prac-
tice which, this department has steadily
advocated in recent years as the Only
safe foundation for Southern agricul-
tnre. Diversified cropping is essential
to OBSERVATION-DISCLOSURES of cotton and
much safer than single crop agriculture
of any character.
of course. in view of the werld-
wide consumption of American cotton
there are factors which enter into the
determination OF price quotations over
Which no control can be exercised. For
example. recently there came Il report
E-of an unexpected financial panic in
Jaran. ruinors of the outbreak anew of
genera! war in Europe. curtailment of
purchases by BUYERS of manufactured
products. AMI Increased estimates of
this years yield of cotton which played
their part in fluctuations iii the cotton
market regardless o actual current
| movement. The insDiiiciency Of timely.
authentic Information on all phases Of
! the verdi, cotton Industry makes it
| difficult even to discuss the situation
satisfactorily. and consequently at
| tempts te devise remedies are of I'M
| certain value.
TIMELY MARKETING IMPORTANT.
: PRODUCERS OF cotton should remenl-
Der. however. that although the hulk OF
/ the crop usually comes to market in
| four or five of the falkland Winter
months. tie consumption of cotton ex-
| tends over y period of twelve months.
account of the lacls OF suitable ware
;,og,ses tie receipts OF which wouidNs,e
/ easily ne:,otiaE1e, the producers have
not cen able to finance The marketing
i of their product i'll orderly fashion, ;tc
cOrding to the needs OF consumption.
/ To remedy this situation. there must lie
the cro., and there mist he nle.slis for
financing the producers until the cot
ton is sold. One of till, most important
ways of obtaining these advantages for
the rr1dncers i: through properly or
ganiZed and directed cooperative effort
| which ii,vSlves unity of action among
/ producers similarly situated. ~. co.
i OPERATION producers mas make their
4 offerings more attractive t, buyers Ivy
improving the handling Of their cotton.
sradinsSi. properly ard having it stored
4 and adequately protected III subtitle
Warehouses;. Iii thest. and other WAY;
and lay informing themselves as to the
= true lisail.et conditions. producers may
secure advantages Which will enable
them t. deal on a footing Of equality
1 with the us,er.; of their cottou. This
department has consistently advocated
ss.ch cooperation among farmers Wiier-
ever it seems feasible and desirable
s. In 4 mum 81 Of states this department
Is alieds! demonstrating to farmers
;lssoeiatiaiIs the advantages of nroduc-
4 III. bette varieties, of more care III
handling. # correct grading. and of the
use Of iss.eaer marketing methods. Al
the same time this department main
tains IL ct5tan-1uotation service for the
purpose 1o+ giving farmers market III
formation upon which they c:in rely
iii addition, under the United States
warehol.s>. act, this department is Civ.
ing to producers; the assurances of safe
storage facilities for their cotton and
making it possible for them to obtaiI
warehouse receipts which should be
readily and widely negotiable as-secu
/, rity for loans In these and other ways
this department is endeavoring to ;,it
Southern cettia producers to market
their cotton more adsantageously than
heretofore. 1t i; though. that through
cooperation they may osltain greater
lenetitS from these activities than Il
they continue tn operate individually
: .nay add that the question Of bet
ter a.lkiny facilities for h,ndling ti.I
years crop WAS taken I'D recently Will
: Gov. Harding. of the Federal Reserr,
Hea1ld, and for Your Information -cppie.
OF the correspondence are inclosed.
: II there is any further informal iol
that this department can furnish you
! ! shall appreciate it il you will let III,
know
To Complete The Outfit.
The smart young automobile sales
man WAS trying to sell car to Il farm
!. er who swore he would never set foo