The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1921-03-09

seed and cultivation, and with the
winter cover crops of crimson clover,
or rye and vetch, 'for the lands sake
entirely turned under in the spring.
"(d) This was followed by a crop
of corn with peas or soy beans, the
corn gathered and the balance pastur-
ed by live stock.
ut is from personal experience,
therefore, as well as from observation,
that | absolutely know that every
acre of land now in cultivation in
West Tennessee, Arkansas and Mis-
slsslppl can be made to produce, by a
sane program of soil building agricul-
turc, equally as much cotton as is pro-
duced on the average in North Caro-
lima, South Carolina and Virginia."
Mr.. James pointed out the waste in
labor by not using the best implc-
ments and showed the saving by this;
spoke OF the waste IN packing for
foreign shipment; waste in ginning
and classification at the gin.
Speaking on the general cotton sit
uation he said that there is now i'm the
markets of the world enough cotton
to meet al 1.-The 1921 requirements, and
predicted that only a 5000, 0,000-balc
in 1921 would restore prosperity to
the South in case waste was elminat-
ed.
He summarized the items of waste
in the territory to be:
Soil fertility ~ $40 90
Labor (cultivating only) -- ALE
Imported stock feed ---2.5O
Weather and packing damage -7.5O
Linters-waste in ginning - ---1.4O
Grading and classifying - loo
Freight and storage - -------1.0 90
Boil wecvil 90 per cent. Of crop at
IL cents) - ---- 600
Total waste SAB SO
He next pointed out that /, waste of
$43.5G per bale meant loss of $43,-
100000 in the Memphis territory. He
placed the remedy as being in the
the banker and all the people, and i'm
closing said:
"Let me ask the merchants if they
have ever asked themselves why
Sears Roebuck & Co., is doing as
much business as practically any one
merchant in any one given commun-
ity? That is the only reference |
shall make at this time to this feature
of the remedy. If there is any mer-
chant who fails to realize why Sears
Roebuck & Co., have in twenty-five
years built a business aggrcgatinm
more than $l,000,000 per day in vol
umc, and who cannot find solution
of their success in an analysis of his
own business, then am quite sure if
he will call sometime at my Office
can and will most gladly show him the
answer. +.
"Thc banker owes it to his com
munity to educate his customers in
the constructive use Of credit. Eu-
gene Meyer, Jr., to whom the South
owes an uncnding debt Of gratitude
for his efforts toward getting the ad-
Of the War Finance Corporation in
| authority for the statement that
credit is like some drugs (narcotics
| particularly in this, that in the timc
Of emergency, and used under the
| direction of those who realize its dan.
ger as well as benefits, it is the most
soothing, helpful and beneficial invcn
vention of mankind; but credit, like
drugs, in the hands Of those who dc
not understand its use, may prov,
most harmful and the habitual user O
credit, as the habtual user Of drugs
will land in the gutter amid the squal
or and misery of utmost poverty.
"The time has come to use ou
heads for something more than mer,
hatracks. There are Just three thing;
the human brain can do-THINK
IMAGINE and REMEMBER Let u
try using all three or these faculties
for while.
81 think, gentlemen, can sum VI
the remedy for the financial Difficult
ties Of the Memphis trade territory il
just ten words-USE INTELLI
GENCE; ELIMINATE WASTE; EN-
COURAGE THRIFT and GO re
Work."
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L. Z l,,,