Thursday, August 8, 1912.]
THE CAROLINA UNION FARMER
Page Five
CHANCES ARE GOOD FOR HIGH
COTTON.
From the present prospects and
outlook, according to several cotton
Uierchants in the city, King Cotton
will regain his throne this fall. The
strongest period in the reign of the
Monarch of the South was in the
years of 1904 when his stock went
to 16.65 and the year of 1910 when
grip was the firmest the world
has ever known, or rather the later
^uy cotton world. The price of cot
ton that year reached the high water
Qiark of 19.75 and stayed up for some
tittle time.
After the phenomenal jump in the
price of the 1910 staple, the farmers
of the South went cotton-mad, with
the result that nearly every planter
had his entire acreage in cotton. The
l^esuit was almost a disaster to the
^finers last year when the bottom
't^opped out of the market and the
PJ'ice Went to rock-bottom levels.
iVhen the warehouses of the South
Were filled wdth the left-over cotton
Of the large yield, and all of the mar
kets Were flooded with the staple, the
of the Cotton Belt began to de
mise means to keep the farmers from
^opeating the folly of last year. Mr.
uhn G. Anderson, of Rock Hill,
bought out the idea of forming what
became known as the “Rock
^iii plan.” The idea was for every
^^mer who had been in the habit of
^uising any cotton to make a reduc-
of 20 per cent of his entire acre-
of the staple. The plan was tak-
Up by a number of States and the
Uea Was carried out by thousands of
^riuers throughout the cotton re
gion.
Mr. Anderson Talks.
.Anderson impressed upon the
'Uds of the people the fact that the
°uth was a land that could raise
^ything that any other part of the
^^hlted States could produce, and that
fhe fanners planted their entire
^feage in cotton, they would have to
^yy all of their food stuffs and pro-
•sions from Western dealers. The
, Was to take the 20 per cent of
not to be cultivated in cotton
raise grains and produce. This
^Ud
Was to have the effect of not
‘y causing a general reduction of
P^ton planted throughout the South-
^ P States, but it would get the farm-
Qj® ipto the habit of raising numbers
^ things that they have heretofore
Ppght from the Northern and West-
markets.
Last
Prod
year was a good one for the
uction of cotton, and all of the
.^^kets were flooded and the price
® forced downward constantiy by
Put ^'^PP’^Pureasing number of bales
Pp the market. The number of
hai
20ffP sinned were somewhat near 16,-
(.j. ’PPO. This was by far the largest
put on record. The flooded
Dri *^^®P Pf the markets sunk the
dpwn to the rock bottom of
is * PpPts. per pound. A price that
coj^^^PLibitive to the farmers raising
... PP for the markets is not far from
the
im.
PPe reached during the year of
Small Crop Likely.
year ^ P*’P®PPcts for a small crop this
Lha 1^^^ very good. A number of
ed t cotton merchants were ask-
year’° P^Pke some forecast for the
PXce ^ Without an
dipi^^^PP’ the buyers and sellers pre-
crop of from 12,000,000 to
^Par , bales to be ginned this
tp . P the Cotton Belt. When asked
Why f ^ sppie definite answer as to
, ^^®y figured the crop to be so
they ®P^PLer than the one last year,
state various reasons. One man
the crop would not reach
that , bales, and that a crop of
Join .meant that the price would
15 '® upward movement and go to
had ^PtS’Pr over. He stated that he
the p ®®P studying the conditons of
Ptton Belt and found them very
unfavorable to the raising of a bum
per crop this year. He gave as his
reasons that the eastern part of the
Cotton Belt had suffered heavily from
the rains of the season past and that
the stalks were sappy and runted. The
crop of cotton is later than it should
be and that he is of the opinion that
an early frost may catch the crop. In
the western section of the Belt, he
said there had been a scarcity of rain
and that the crop was suffering from
that reason. He expressed a firm be
lief that the price would reach 15
cents a pound for spots in the fall,
and that if the conditions got any
worse, the price may reach that of
1904 when it w'ent to 16.65.
^ Another cotton merchant gave as
his estimate of the season’s crop to
be something like 14,000,000 bales at
the present outlook, but that the crop
may be considerable less than that.
Another reason he expressed for the
thought of the 14,000,000 yield was
that the people had planted a good
deal of cotton over the proposed re
duction amount. The fact that the
army worm is advancing in this sec
tion of the country is a fact that will
help to break down the amount in a
large quantity. Last year, he states,
the worm came in the Cotton Belt,
but not before the boll had formed
on the cotton, and therefore not as
much damage was done as he ex
pects to be done this year, when the
worm appeared before the bolls have
formed. When the worm attacks the
boll of the cotton, it does a great
amount of damage, but not as much
as is done when the worm appears be
fore the boll has formed. When a
stalk of cotton is attacked by the
worm before the formation of the
boll, that stalk does not do any good
to the farmer, as the cotton is killed
by the worm. This merchant was
figuring the amount of the yield un
der ordinary circumstances and had
figured that a crop of that size would
bring a price of about 12 cents or a
little over.
Within the last few days the cotton
market in New York has gone up,
and the spot cotton is now bringing
1314 cents for the ordinary cotton
and the best grades of the staple
were bringing over that in some
cases. The market is eager at the
present and the cotton is being snap
ped up at these figures, which are the
highest paid this year.—Charlotte
News.
ADJOURNMENT IN SIGHT.
Congress Anxious to Quit—Members
Want to Get Home for Political
Reasons.
The uppermost question in the
minds of Senators and Representa
tives in the National Congress just
now is, “When can we get away?”
That very fact indicates eagerness to
find a way to get get away. The
House leaders claim they have about
cleared up all the essential work they
intend to do this session, or that may
not be concluded by the first week in
August, and are waiting upon the
Senate. In that body haste has been
made slowly despite the spurring by
the leaders. Views on important
pending measures have developed so
much divergence that it is quite like
ly that most of the big bills other
than the supply measures will go
over until the next regular session.
That in itself should promote an early
adjournment in accord with the
House program. So, it looks as
though adjournment day should come
somewhere betw’een the 10th and
20th of August.
The remarkable changes that visit
ed the domain of National politics
within the past year is accountable
for the unw’onted anxiety of the Con
gressmen to get back to their consti-
tuences, wdth a view to learning how
they stand with each other. It is to
be a great election year, unprecedent
ed in its possibilities since the party
breaks-up of 1860. More Senators
and more Representatives than ever
before are to be elected—thirty-two
of the former and 435 of the latter,
with an electoral college of 531 to be
chosen. The indications are that
there wil be a grea'ter change than
ever in the personnel both of Senators
and Representatives. The number of
tickets in the field backed by earnest
supporters will bring out a larger
vote than ever—probably consider
ably over 15,000,000. The largest
vote in any Presidential election was
in 1908, when 14,418,798 ballots
were cast, but that was perhaps a
less percentage of the aggregate of
qualified voters than at any previous
election.—Exchange.
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eleven by renewing your subscription
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.state.