The Union daily times. [volume] (Union, S.C.) 1918-current, 1922-04-08
PLAN BY WHICH COTTON GROWERS
MAY REAP REASONABLE PROFIT

Stlll more surprising. There is many
member of that organization who
can show certificates proving that he
received as much as $40 per bale NOR,
than the best street buyer price in hi.
own town.
Oklahoma and Arizona both have
similar testimony to offer.
How a Better Price is Secured.
These farmers in the western South
made these gains because of six facts
First-They have eliminated ever,
penny of country damage, which ac.
cording to government estimates, va.
ries from Sc to $25 per bale. This
saving is brought about because 8
farmer is required to deliver his cotton
to the association immediately upon
being ginned.
Second-They are hiring men tc
grade and staple their cotton at CEN
trial warehouses. In this connection
1T is significant that for the first time
IN history the man who grades the cot
ton is responsible to the farmer and
not to the speculator. The farmer is
thus assured of securing every pos.
sible premium for grade and staple
and this item is averaging close to
$40 per bale in the four western states.
Third-They have eliminated the
system of dumping on the market, and
have substituted the systematic pol
Icy OF orderly selling throughout the
year.
Fourth-They have eliminated the
street buyers and cotton scalpers, and
are saving their salaries.
Fifth-They are eliminating the
speculator and gambler and are now
dealing direct with the spinner and
exporter, and thus having n share in
price control.
Sixth-Under the present system
from six to ten samples are cut out
OF every bale of cotton put on the
market. This wasteful plan of sam
pling results in such huge losses that
the entire cotton world has come to
look upon these samples as the "city
CROP Under the cooperative plan of
marketing only one sample is re.
CURED, and even this sample, after
being used, is sold for the benefit of
the farmer.
$2O,OOO,OOO for South Carolina.
Conservatively estimated, on the
basis of the actual gains secured by
the members of the Oklahoma associa-
ton last year, this cotton pooling
movement will mean more than $2O,-
OOO,OOO annually to the farmers of
South Carolina.
The average production of the state
of South Carolina is 100000 bales.
Oklahoma growers up to January 1st
had made clear net gain of $14.65 on
each bale of cotton they marketed
through their association.
- axhlss means South Carolina,s~ cotton
viii be worth ST., $50, 900 more in this
association than out of it.
Eight Things the Pool Will Do.
The South Carolina Cotton Grow
ers' Cooperative association, with the
national overhead exchange, proposes
to effect many reforms in the present
system of cotton selling and cotton
handling.
In the first place the movement will
eliminate. wasteful methods. In the
second place, through collective sell
ing, greater profits will be insured the
producer without increasing the cost
TO the consumer.
Eight things have been named as
the summary of the work to be under
taken. Specifically, these eight things
which 1T will do for all members are
as follows:
l. 1t will grade and staple every
bale of cotton delivered to it. This
will place a true value on the cotton in
terms of quality.)
2. 1t will warehouse all cotton de.
livered to it by it's members. (This
will eliminate all country damage.)
3. 1t will sell all of it's cotton ir
even-running lots, each grade and sta.
pie within it's own pool. This will
assure higher price because the spin.
ner is willing to pay a premium ir
order to secure cotton only of the kinC
he desires. 1t will save the profits OF
the middleman and speculators).
a. 1t will sell on it's own sample
and on it's warehouse certificates
(This will prevent undergrading anC
save the waste dues to unnecessary
sampling, thus eliminating the entire
Getty crOp.O
5. 1t will sell collectively and onl,
when the market demands. This will
reduce speculation and will tend t.
stabilize prices).
6. 1t will sell cotton as directly a.
possible to the spinner and exporter
| (This will shorten the route from the
farm to the mill)
z. 1t will endeavor to determine tn,
true cost of production each year
(This will have bearing toward get
ting fair prices).
3. 1t will encourage the production
of uniform and standard varieties b,
communities. (This will tend to i'm
prove the quality and value of tn,
cotton grown) Incorporation.