The Monroe journal., 1922-02-03


and is not the farmer the same old
sucker" who falls fO- il. Is not
every other class organized for pro-
lection? Is not equal rights to all
special privileges 10 none" a farce
when combinations of every descrip-
ltiOn are allowed against a particular
class? Is there not price fixing on
l almost everything ne must Auy?
Have you heard such a conversation
lately between farmer and fertilh-
ger man: "What are fertilizers
worth this year," Il don't know.
the prices haven't been fixed yet. "
Why allow a professional in New
York or Chicago 10 sell the labor of
1 every farmer, man woman and child
and force the farmer TO take the fic-
iitiOus price created? Does the pro-
{ feSsional know that as a rule the
, farmer is poor and ignorant and
must submit, his nerve. his money,
and his ambition gone and his fami-
I ly coming on 10 live the same life
slavery. Has the professional got
q pull or is he OF more benefit to
the world? Without these conditions
could they play this same? would
IL not be broken up il they did not
have the farmer to play on? Could
they find ans other class that would
stand for il? Are not The majority
ol the American people naturally
gamblers, wish to take chance,
ana the southern people. naturally
optimistic and hopeful souls, always
want 10 buy? Don't they have TO
have someone TO buy from. who then
unless the professional Who wins
in nearly every game OF chance, the
professional or the amateur sucker?
Was not the limit until recently So,
one hundred bales. can't you play
now so cents Init. 10 bales?
Gambling in Day and at Night
If five men were playing cards
with $50 on the table would they
not be arrested if caught, but if five
men put up $50 on the up or down
On 10 bales, isn't il perfectly legi-
innate? Really isn't the only diff
ference, one crowd usually plays at
night, the other from 10 to dur
ing the day? Do we not read
Local professionals sold the mar
ket Professional what? Also read
Wall street and the Waldorf crowd
heavy sellers?" What 10 local pro-
fesslonals, Wall street and the Wal
dorf crowd" care whether the pro-
ducars have clothes OF shoes for their
wives and children if il should in
terfere with their getting The money?
Is il one thing to be allowed to live.
another TO be allowed TO exist, and
The next thing, well. what?
Why so much anxiety and dope"
about the boil weevil? Hadn't the
farmers better pray TO have him dis
trihuted around equally? What diff
ference doess il make? Are they not
figured at so much per head but in
bulk What is the difference between
15 million bales at nine cents, nine
million bales at | 5 cents, eight mil
lion bales at II cents. or II million
bales at IL Ia cents? Isn't the re- 1
suit practically the same. just as
though you sold / 8 COWS at $40 per
head. Don't say "the mills are OBJ !
liged TO hedge for plotection?' Why? |
If a mill receives an order for goods |
for forward delivery, can't they buy
actual cotton? Is there any hedge 70
it? Isn't il the truth they don't wish |
TO carry the cotton. il costs money. |
Let the farmer do that. They will |
get il when necessary and based on |
the future price, don't care whether |
il is up or down. il market higher |
will make it on the future, ii lower /
will ,ose Oh the future, but make ii
on the spots and save carrying
charges. Hasn't this hedge business"
been a great excuse for many man
who wished TO take gamble for hi
mill? and "busted" q lot of them
100. Has any one noticed any spe-
cial gambling on the finished pro-
duct or Is Il confined to he raw ma
terial the farmers produce? Hasn't
his thing, gotten up by some real
artists, been going on for over so
ears, about five years after slavery
vas abolished and is il not time
low to allow legitimate supply and
iemand fix the price whether il is
cents. 10 cents or per pound?
But how? Could not a law be passed
gambling should not be al
owed in anything that did not exist
II by no possible IMAGINATION could
'Xist.
should not Sell More Than Is Made
For instance. if 10 million bales
)f cotton are produced in year,
ior't allow 200 million 10 be gam
)led in. Ii man has certificate
'ay for 100 bales OF actual cotton,
sllow trading in the actual cotton
n existence as often as desired, but
o allow this 100 bales of pure mag
nation TO be gambled il Is entirely
lnfair TO the producer and fixed his
price? Don't allow ANYTHING impos-
'ible TO exist, fix the price of any
hing actually in existence, simply
because lots of people wish to gam
lie, and it might interfere with pres
ant arrangements. OF course, there
ire millions invested but there is
OF invested al Monte Carlo and
Monte Carlo doesn't play on the well
are and almost life OF human beings.
'onfine the trading TO actual eNis-
ence and then step. even though
iome might lose the commissions on
more than hundred millions bales
If imagination. Have We had actual
upply and demand fix the price OF
.otton except during the world war
when II was thousand points
ligher than this imagination.