The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1921-01-28

1t was only a short time ago that The Herald referred to
the handsome dividens, in fact very Tch pickings, of the Brit
ish spinners, and now comes our Associated Press dispatches
er CMass) cotton mills coined money. Some of the Britishers
fairly rolled in the wealth they accumulated with dividends
ed Press reports. And they paid these high dividends to their
stockholders on high prices for the cotton grown in the south.
en states, with the Atlantic ocean and a long railroad haul
between the cotton growing farms and the cotton mills.
90 n the hi, case case of t the Fall River - mills i there there was a long haul nn
steamer from Gulf ports: In either event, there was a freight
per cent on a capitalization of $4,000, 900. In 1919, the Fail
River mills paid diVidends amounting to ~s3,eoO,e74, and in
The cotton farmers cannot show where they "broke even"
on the year. Many were unable to raise any cotton on lands
conditions were unfavorable, but if they had made a bale to
fn a Acre aGee hs n m ia e price ee was was aoT Y r saaa the nhc cost OF production 1utt%
they had to buy or the service they mployed.-Vicksbu Her
And Congress has appropriated $685. 900 to fight the boil
go to his field and when to answer the dinner horn. The cot
ton farmers know how to fight the boil weevH if they will just
do it.
Recent figures compiled by the A.: A. A. Good Roads Board
show that there is now available for road building and main
tenanee in the United States over one billion dollars and that
probably s550, 100000 of this amount will be used this year.
During 1920, 1904. 600, 900 in bonds were issued by different
states. During the same period, the different counties in the
bonds. The total authorization by Mississippi was, SIS, 773, 900.
The New Orleans Daily States observes that it is advised
thatshoes made OF sharks skins will be cheaper. This same
sharks who have been selling the editor shoes will be used in
the manufacture. Our New Orleans contemporary might have
the manufacturer and the wholesale shoe men.
-O- [
And the Republicans are throwing a sop to the farmers in
Congress by trying to pass the Fordney tariff bill which, among
other foolish and vain things, provides for a tax of 7 cents per
pound on L 3-8 inch cotton brought into this country. It is
markets that the American farmer wants and not a Chinese
wall. This sop is given in the hope that at the next CONGRESS-
a1ter March q, when the Republicans undertake to take care of
the bg interests, that they can rear back and say to the con-
you see what we did for you or tried to do for you at the last
session of Congress" American farmers want no tariffs that
Will make goods higher but outside markets that will make a
demand for what they make.
=. IL is stated on good authority that the Young Mems Christ
ian ASSOCIATION has a membership of 868, 982, 200, 600 of which
arc boys. There are 2194 Associations and the organization
owns sl2S'ooo goo worth of property. There are 5173 paid Of
iiceTs and 5,lO6 directors. The Association had it's origin in
the brain of George Williams, a clerk in the dry goods store of
George Hltchcock, in London, in-1844. Williams, it is said, was
not Pleased with the moral conduct of some of his associate
clerks, 70 ne invited them to a conference in his room with the
ldea oil changing their habits. There the Association was born
III WlIlams was made treasurer which place he held for al
years; george Hitchcock, Williams employer, was the first