Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1921-01-28
THE ovER.PRoDUcTIoN.

The Cotton Grwers' Association Of
America has issued the following let
ter:
Do the records in regard to supply
Of cotton startle you, or is there q
question in your mind as to their &C
curacy? II you believe the figures to
be correct, what do you believe viii
result if the South produces more
than 100000 bales Of cotton this
year! Do you know why cotton is
no longer salable? There are at least
two bales Of cotton in existence for
every one that can be spun during
next year? Can you upon any other
fact or theory, explain why cotton is
SO difficult to sell?
We have been sending out re-
Gently, some statistics printed on
little slips, on one side Of which
is printed 1.-THE South Must Know the
Truth" "Your Welfare in Great Dam
ger" "The Call to Action" and "Get
it out of your Head that anything but
supply and World ability to buy,
fixes the price Of cotton" The figures
given on these slips are intended to
Withstand the closest scrutiny of our
friends, and the assaults Of our
enemies. We challenge friend and
foe alike to show that there is any
essential inaccuracy contained in
these statistics. They are based upon
the highest statistical authority that
we know Of, to-wit, the. U. s. Census
Bureau, U. s. Department Of Agri-
culture, and statements issued by
Col. Henry G. Hester, Of the New
Orleans Cotton Exchange, who for
fifty years has been an unquestioned
authority on the subject Of cotton.
U. S. Government figures showed
5,155,682 bales Of cotton, including
868,897 inters on hand in the United
States at July 81, 1919. There was
at that date, 451, 900 bales Of Ameri-
can cotton at Liverpool, $4,000 bales
at Manchester, $4,000 bales at
various places on the continent, 387-
OFT bales afloat and 1888 bales ex-
ported on that date, but included in
neither the amount afloat nor in
port stocks, and 100000 bales in
Japan and other parts Of the world
not otherwise counted. This makes
total Of 6,S40,957 bales of
American cotton unspun at July 81,
1919. Colonel Hester made it at the
same date, that is July 81, 1919,
6,S44, 900 bales American.
The Governments figures to July
81, 1920, were not out at the dxte.
January 10, 1921, when this was
written, but win probably be out one
day during the month. Col. Hester's
figures made the amount at July
81. 1920, 6,0s6,000 bales American
IN al positions throughout the world.
Now to ascertain the prospective
carry-over at this date, it is only nec-
essary for as to know the size Of the
crop, the amount Of cotton that. has
come in sight since August I, and
the visible supply, and to apply these
figures to the amount Of cotton that
was on hand at August 1, 1920, the
first day Of our fiscal year which
ends July 81. 1921.
The amount in sight compared with
last year has decreased, therefore it
must be added, and this amount to the
end Of last week, was 1,794, 900
bales. The visible supply has de-
creased and therefore must be de-
Quoted, and this amount In round
numbers is $1,000 bales. This crop
according to the Governments esti.
mate, is 1863, 900 bales larger tha1
hast years crop. Therefore this amour,
is to be added. We add 6,086, 900
1,794, 900, 1862, 900 and deduct 81
900 bales, and we have approximate
ly 100000 bales which is . pros
pective carry-over at July 81. 1921
This prospective carry-over is growing
daily, and viii continue to do so, I'm
til the mills become more active. APP
proximately half Of the fiscal yea
is gone; we may have . carry-ovel
much in excess Of 100000 bales
II all depends upon how soon tn
mills get to spinning again ant
whether or not they spin to capacity
There is little if any possibility tina
the present prospective carry-ove
can be decreased.
We need your cooperation. an'
the cooperation Of every man, wo
man and child in the South for tn
common good Of all. You can se
from the figures how imperative j
b for the acreage to be reduced. I
you are IN employer Of help, Tel
them about it, 20 they can becom
missionaries in the cause. Tell you
wife and children, your preacher
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