Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1922-08-15

Of business in all lines of industry
which can be we'll employed in this
connection. The seller of any pro-
duct has the legal right to ascertain
the cost of production, the cost of
handling, and add thereto an amount
sufficient to realize to the owner a fair
and reasonable profit above the cost
of production and handling. This rule
in business Is a well-recOgnized law
and the grower of bale of cotton is
as clearly entitled to a fair and reas-
enable net profit as the banker, the
merchant or the manufacturer. II this
rule is not recognized and enforced it
means an unfair, illegitimate and un-
just advantage of the welfare of the
cotton producers whose labors and
capital are employed in the hazards
and hardships Of producing world
necessity. These rules of business
cannot, however, be righteously en-
forced unless the legitimate laws of
supply and demand are recognized in
the slow and orderly marketing Of the
staple. The cotton world has no legal
or moral right to fix and maintain the
price of spot cotton at a value which
is below the actual cost of production
to the growers and then demand that
the South shall continue to food the
textile industry with full and ample
supplies of the staple each year.
Wasteful Systems.
The fallacy of extensive cotton pro-
duction and uneconomic methods of
marketing have for the past fifty years
kept the cotton growers in a system of
agricultural slavery, poverty and illit-
eracy. which is a blot upon the es-
cutcheon of the nation and a disgrace
to the Anglo Saxon manhood Of the
South. The great solution of the prob
lem lies in the future adoption of q
sane and safe system of diversified
agriculture and the economic prodyc-
tiOn of cotton under an intensive sys-
TEN of acreage and culture. Make
each farm truly self f-sustaining by
growing supplies Of food and feed
crops as the first great lesson in this
reconstruction period. Plant a limit
ed acreage in cotton per plow, fertilize
literally, cultivate energetically, COM
bat the weevils with poisons scienti-
fically applied and increase the yield
Of good quality cotton per acre as the
second lesson Of Importance. AS the
third and last great lesson of reform,
combine together through the medium
of your cooperative marketing associa-
tions and so market your staple crops
as to force the consuming world to
pay a price which will net TO each
successful grower q fair and reason
able profit on the industry. You owe
the enforcement Of such a campaign
of rehabilitation to the future welfare
of your wives and children, to your
selves as intelligent farmers, and to
your state and country.
Association is influential.
In this connection wish to say that
Association in its stand for national
constructive legislation at Washing
ton, regardless of partisan politics
among senator's and congressman, is
today stronger than any other farm
organization in the United States
Our efforts to improve the service of
the Crop Reporting Bureau in showing
the amount Of abandoned cotton acre
age earlier in the season, and the eX-
tent OF infestation and damage of the
boil weevils. together with reports on
the Use Of commercial fertilizers, the
annual shipment of young mules in
the cotton belt for the past two years,
have all been adopted and will be
complied with by the bureau in it's
monthly seasonable reports. Our fur
ther efforts to require the Census Bu
reau to issue periodical reports on the
amounts of the tenderable and untend-
cradle stocks Of cotton held in the
United States and European countries,
will soon become law as the result of
a senate bill now pending and which is
certain of passage.
We are also urging Federal coopera-
tion in the important matter of seeing
that ample supplies of calcium arsen
ate are manufactured and distributed
to the cotton growers in 1928 at the
lowest possible cost, in order to reduce
the heavy expense of combating the
weevils and to guarantee to the
growers ample quantities of the poison.
The persistent efforts of the associa-
ton during the past twelve months TO
induce the lowering Of high rediscount
interest rates by the Regional Reserve
banks in the agricultural sections are
gradually being complied with. feel
certain that the rediscount interest
rate will be reduced to 2 1-2 to per
cent. in the agricultural sections and
that the individual borrowers will be
able to receive the full benefits of such
reductions.
Reconstruction at Hand.
We have passed through the Geth
semane of deflation and it's attendant
sufferings and unparalleled losses dur