The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1922-10-04
THE BANKS
T AND COTTON
| MARKETING
Big Texas Bank Supporting
Plan For Orderly Selling of
Seuth's Staple Crop

Seuth's Staple Crop
Columbia, Sept. 30.-I was very
much gratif1ed to read in the Sun
days Dallas, Texas. paper the ad-
yertisernent OF Southwestern Ma
tionai Bank of Dallas that we are
presenting herewith for the bene-
fit of our readers. especially
commend the spirit Of same TO alb
other bankers and merchants. We
are. advised that this announce
nent has had q very encouraging
effect On rhe holders OF cotton in
Texas and has gone long way
toward restoring confidence in the
farmers of the South and its in
fluenee was felt as far away as
New York. If just twenty-five big
bankers liz important money cen
ters of the South would come to
the rescue as this bank has done
there would be no cotton seeking
the market in less than a a-week, but
The market would be seeking the
cotton. The advertisement fol-
follows:
shall we conserve the ultimate
value OF the present short cotton
crop? Or shall we permit the spec
ulators TO reap the rewards OF ir1-
judicious marketing
Orderly marketing means a
stable price for our cotton crop.
A matter of prime Importance
confronts the farming and bust
ness Interests of Texas, in connec-
ton with the movement Of the cot
ton crop which has. now begun.
Stability Of price, as we see it,
can he obtained through only one
agency, and that is the quiet, or
derly marketing OF the production.
This can be done. thanks to Well
distributed warehousing facilities
if our farmers receive proper en-
courasenaent and financial assist
anee where needed.
The Southwest National Bank Of
Dallas stands thoroughly commit
ted to safe. sane and orderly mar
keting of your cotton crop. and, be-
ieying In this as strongly as We do,
are prepared to make advances on
a properly margined warehouse
basis.
Intelligent and wholehearted CO.
operation upon the part Of all bus
mess interests in our State means
greater prosperity for all, and as
sures te the farmer a fair return
for rhe products OF his labor
we. believe in Texas and in Texas
people and propose to do our. share
i'm bringing TO the citizenship of
our State that fun measure OF
prosperity to. which eur abundant
resources justly entitle. them"
~ have consistently stated in
several articles previous to this
one that prosperity could not come
TO our South land without thorough
cooperation with the bankers and
business interests of the South Of.
the farmer. The farms are the
great wealth producers. Unless the
farmer can hold his great money,
crop, which is cotton. of the mar
sket until it Will sell above. cost OF
production plus a reasonable profit
lie will have no money to buy even
the necessities Of life and. there
viii be no money to make business.
prosperous in any line. Prosperi-
.ty can come only through cooper.
alton OF all business interests:
s want TO urge our bankers ! to
finance our farmers. When cotton
is properly warehoused and re-
eeipted for it is the best collateral
in The United States. There is al
ways a ready sale for it and the
world viii need it worse next year
than it has for the last fifty years
for we are. now entering world
cotton famine.
The corn crop is short and corn
will be high next year. I want to
urge every farmer to sow at least
one acre to every two horses or
mules he has on his farm in oats,
wheat ard NeJch and TO SOW at
once. Sow two bushels oats. l-2.
bushel wheat and 8 pounds of hairy
yetch per acre. Sow this on good
land and by May 18th it. viii be
ready TO. cut 1t will be at that
time in the dough stage. Take
your moving machine and NOV it
Gown and rake it up and put in
Your barn. Horses and mules can
finish a crop withou, any corn and
at that season OF the year corn
and feedstuffs are going to be high.
Also sow good wheat crop and
more oats than you have ever
sown before. and if they don't sell
for much, you can feed them to
Your stock and chickens. Be sure
to prepare TO live at home next
year and remember to keep out Of
debt. q. Harris,