iaj, November 2, 191 I.J
THE CAtCAHIATI
HO OVER-PnODUCTIOIl
Governor of Texas Says
World's Denwnd Far Great
er Than Supply
Tlt Krery IUU? i Worth
Iff
f rr.m Fourteen to nflerti OnU a
jvrtinl (Vjnfcrenre of Southern
(rttierntfm Favor the aWrehotwe
j.jaB Prroident IUrrett Attend
Urging.
N Orleans, Oct. 30. Tbe cotton
ronference called by Governor Col
jtt. of Texaa, to devle means of
storing the normal price of tho
soutb Kreat crop, after an all day
fossideratlon or dliTerent plant for
re:;ivlnK the demoralUed tltuatlon
js the cotton world, did not reach an
jpr-Tritrnt and adjournel at 6:30
cctil 10 o'clock Tuesday morning.
Almost every cotton growing
'at. was represented at the meet
i to-day. Tbe Governors of Texas,
Alabama, Mississippi, Louisiana and
Virginia and Charlea S. Barrett,
fresldent of the Farmers" Union,
er- among those present and took
an active part In the proceedings.
At to-morrow's session Governor
Colquitt, of Texas, has promised to
make public the first statistics ever
fomiifd for the benefit of the cot-
ton producer relating to' the con
sumption of cotton and the estimat
ed demand of tho world for the cot
ton of the 1911 season. These fig-
ures, it Is said, will clearly demon-,
trate that, even admitting that this
season's crop will be the largest in
thf South's history, every bale Is
worth from 1 4to 15 cents per pound.
While the figures were not given out
in detail, Governor Colquitt said they
showed that the world's demand at
the present time was far greater than
the supply.
The figures bearing on the con
sumption of cotton and the world's
demand were furnished by American
consuls abroad through Secretary of
State Knox.
They were secured on short notice
and Governor Colquitt declared this
fact proved that the Government can
furnish such statistics for the farm
er's benefit throughout the period of
marketing cotton, and demand for
such will be made by the conference.
At this afternoon's session the
conference listened to an address by
President W. B. Thompson, of the
New Orleans Cotton Exchange, which
all present conceded contained sug
gestions that, If carried to a conclu
sion, would mean the financial em
ancipation of the cotton planter and
of the South.
Mr. Thompson treated the question,
solely as an economic Issue. After
presenting the .causes of the present
condition and showing the part that
the farmer must play by a disposition
to market his crop slowly, and the
part the banker of the South should
take by his willingness to lend finan
cial support, Mr. Thompson discuss
ed the State's part. He told of the
step taken by Louisiana by popular
vote of her citizens to establish
Staet-owned, State-controlled ware
houses, whose receipts will be bank
able in every part of the world and
offered this as the only safe plan for
the Southern States to adopt to se
cure a permanent relief from the con
dition which How confronts them.
To Make Cotton the Surplus Crop:
New Orleans, La., Oct 31. The
farmers of the South must withhold
from the market every remaining
bale of the present season's .crop of
cotton and follow this with a con
certed and binding agreement to re-(
duce next season's cotton acreage at
least 25 per cent if they hope to re
store the South's great money staple
to a normal price level s and retrieve
the losses sustained by reason of the
Present low prices.
This is the plan which the confer
ence of Southern Governors adopted
at its convention, at to-day's session,'
to secure immediate relief from the
depression in the price of the sta
ple. As a means of securing permanent
relief from such conditions and to
guaranteed the cotton farmer in the
future against the necessity of glut
ting the market with his supplies in
the opening of the season, the con
ference adopted resolutions favoring
the establishment in every cotton
growing State of a State-controlled
warehouse, and the collection and pe
riodical publication of "statistics bear
ing upon the world's demand for
consumption of American cotton.
The propose of foreign hanking
Interests to finance a holding move
ment covering 2,000,000 bales of the
present crop was referred to a spe--cial
committee for future action.
"WHO STRUCK KING COTTON?"
TOiat Government Colquitt, of Texas,
Says, and What Senator Butler, of
North Carolina, Says.
Washington Post
Another effort is being made to
Taise the price of cotton by the boot
strap process. . This time the South is
genuinely alarmed, seeing that cot
ton has declined $30 a bale since the
Southern Democrats in Congress got
together; and fixed upon 15 cents a
Pound as the minimum selling price,
hoping thereby to minimize the harm
their tinkerinsr -with tsfl
tione. Governor -Colquitt, of Texas,
ha caLrd a coaremee- of Goreroor
to KiTe tblr attttnloa io tfc filiai.
ios tut or a., air and hit upon
pi to reittor Soaths &SSit
a?e to the slats quo. j
Governor Col$aitt apparently bags
the general delusion among ts poll-
ticians of bU taction that tb decline
was brought about by tb Gorera!
prosecuting the bull clique that
rorea me quotation op to 20 cents a Congress to do, and tbat if ih
flttle more tbaa a rear ago. He ap-.tl!e poller Prlt4 la li will tooa
Pars to hare the Idea hat the cotton' become clear tbat "thousands an 4
mill tbrocghout tbe world are bold-! teni of thousands of basic toen of
leg back from replenishing their d-I bs section, who voted the Democratic
pleted ttocki until tbe price sinks
itlll lower, and be want tbe Govern
raent to supply information tbat will
enable tbe Governors to circumvent
tbe alleged conspirators. In other
wordf, be would have tbe Govern
ment virtually force the manufactur-
ers, or "bear crowd." to go into tbe
market and meet tbe views of the
producers as pre-determlned by tbo
politicians. Of course, the law of
supply and demand has nothing to
do with the slump, nor could tbe ac
tion of the Southerners themselves
In attacking the tariff bare frighten
ed anybody Into "laying low."
While the welghl of opinion in the
Cotton Delt is fairly reflected by Gov
ernor Colquitt and others of his class,
there are at least two States where
the common theory Is rejected. The
Carolinians as to the cause of the
trouble. Most o fthe Southern mills
are located In those two States, and
the people are In a position to see
both sides o fthe quetslon. Former
Senator Marion Butler, a cotton rais
er, wholly disagrees with Governor
Colquitt in placing the responsibility
on the manufacturers and the Gov-
eminent. Butler says the- "chief
cause for the low price of cotton is
the election of a Democratic House,
and this effort to close the cotton
mills by tearing down the wall of
protection. The cotton mill men have
not been buying raw cotton because
no wise man would manufacture a
large quantity of cotton and then
have the tariff protection removed, so
31 fjMj , '
Direcle GerLn i
Direct from the German Mines
But it takes time to get it
See your dealer now, before he
contracts for his goods, and urge
him to get good up-tordate brands,
containing 6 to 10 per cent, potash,
and to carry POTASH SALTS
in stock.
There is profit in such goods
both for you and your dealer.
You get more plant food for
your money, your fertilizer is
GERMAN KALI WORKS, Inc.
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THE CAUCASIAN,
lt3g tha; eolios oo4t 4 y
c, fortlff- later. If th tMson
mill aett 414 8tesei ciioa
thr oH brasMibtakmt tovti
Cosgr 4 what k Dcruc
?ni has isrta$xJ to do,
"A to th ;oUUc! Sfct cf ti
Hoes passing the cotton uri3 bill
lt stammer. IJatler amy tfe Amrt-
people are frtghts4 at what tb
ticket laat fail, will tadlcaU tbat they;
will not do to next year.
NOT T1IK CROP THAT CACSKS
ixnv PRICE.
flemocrmUc I'oliti dans CwmA&$T the
Farmers for IlaUing Too. Mach
Cotton Never. Too 3!ttch When
llepubllcAas Have Full Control of
the Government.
A corretpondent of a Democratic
paper In Lincoln County who signs
himself "Farmer" (bat, who by the
way, is not a farmer) has taken issue
with tbe Lincoln Times as to the
low price of. cotton. The editor of
the Times has "sequelched? "Farm
er" several times and continues to
hand him some nuts that are hard
to cratk. We clip the following from
The Lincoln Times:
"Farmer" wants to deny that a
Democratic Congress caused low cot
ton. In 1907 there was as much cot
ton raised In the United States as will
be this year according to the last es
timate. In 1907 cotton sold at four
teen cents. This year it is selling at
nine cents, although there are more
consumers now. Then It Is evidently
not the crop that causes the low
price. What is the cause?
"We wait an answer. It Is a
strange thing that as soon as the
Democrats get in power they begin to
cuss the folks for raising too much
cotton. But when the Republicans are
in power there's never too much. And
there is a reason. When the people
better balanced, your soil fertility
is conserved, and your crops are.
larger, and of better quality.
Potash Pays.
We will sell you or your dealer
Potash in any amount from 200 lbs.
up. Write now for prices and for
free pamphlets giving just the facts
you are looking for about improving
crops and soils.
T TU EE
Edition of Hammond's Modern Atlas of the World?
my 'tW fcy Al t9f wA
tt tlta iWy g-f MUM far 3ut!
ty s&slt Uy Mtf fsS&l
to &y wit aad to o lot
ass mwh .U tvod. TWf
rtisU I kr fcrfc. Tlat li tfce rmlf
tflSt-nra btvs Umt two ptaritesJ
TH t9 of U togta to !
It too, aad t&at ia waat U ,aill&s""f
tech at "Tamer
KAY
Vr for U'vwmV frrAi2tk
Woaid f3h&iAt Word Frm Har
rijypt Smrlr. . ,
(PbilsdtrthU Record.)
Adapted specially to their view of
saffragtsm. members of Boston
Vots for Women orga&liatioa an
nounced tbe adoptloa of a new mar
Hag strtice. It had bee a drawn up
by Miss Allco Slone Black!!, a
lead lag saffraglst of thlt city, who
I thould embody Drft eoaaltlr of
political view for hatband and wife.
The service is as folio wt:
"I take three to be my wedded
husband, to have aod to hold. etc.. in
icknest and In health, to l$e. honor
and to cherith, till death us do part.
"I promise to aid and attitt my
hutband (or wife) In every way, and
to help him (or her) to uphold hit
(or her) political views, and I agree
to tettle all marital dlOculties out of
Saced Oil hi From Deatli.
"After our child had suffered from
severe bronchial trouble for a year,"
wrote G. T. Richardson, of Richard
son's Mill, Ala., "we feared it had
consumption. It bad a bad cough all
the time. We tried many remedies
without avail, and doctors' medicine
semed as useless. Finally we tried
Dr. King's New Discovery, and are
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asthma, croup and sore lungs, it's
the most Infallible remedy that's
made. Price 50c and $1.00. Trill
bottle free. Guaranteed by all drug
gists. F. EUGENE HESTER
LAWYER
Mondays. Tnesdayi and Wdietdayi at Wen
dell (Wall Building); Thursdays. Fridays and
Sturdays. Raleieh. N C. (Commercial Na
tional Bank Buddies).
PRACTICE IX ALL THE COURTS.
For Improvement of Soils for Larger Crops
USE
INJITRAGIIVI
U.S Pstrat No. 709131.
S2 spent te Nltreeer prodacinx crops will
ss yoa st least two thirds on roar fertiliser
bill sod produce s healthy soil and lozortaat
crops
Nitr&rfo for mors than 1.00W00 seres sold
in Germany daring 1909. w sraarsntos see-
German American Nitrtgia Company,
Postal wfll brio Information.
H. P. HARRELL. . . Rafeih, N. C.
Sob-Aaeot for North Carolina.
THO
International Corresp:r.d:nco Schccls
OF SCRANTOIf. PA. ,
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Ingtoa, D. C, Oflce 619, Pea
sylraaia Aveaue, N.'TtV
Dear Sir: Please Mid me la for
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' itaentioa peal
rloa) by spare time study without
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Street and No.
Tows aad State. ................
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