"THE UNION COUNTY PAPER EVERYBODY READS IT 'THE UNION COUNTY PAPEU EVERYBODY REApl jr The MonroeJourn al PUBLISHED TUESDAYS AND FRIDAYS VOL.22. No. 79. JIONROE, N. Cn TUESDAY, OCTOBER 31, 1916. $1.50 PER YEAR CASIL BICKETT MADE FINE SPEECH K.riIXFD HOW WH.SOX ADMIX ISTKATIOX IIFI.PF.D I'KOI'LK Told the Graphic Story of " w Sor tTtatry McAdoo IVrvenU .. l-nnlc Has Fultiilco trjirly hjxi talion ot his Friend. Early one morning, twenty odd years ago, Walter Bickett lert Mon roe for another part of the State to win faiiie and fortune. Then he was young and comparatively unknown. Possibly there were a few friends and and relatives to bid him good-by, but when he cauie 'bark home" last Friday to Fpeak to the citizens of the county of his nativity, he was met by a brass band and a group of repre sentative citizens, despite the fart that his train arrived at an incon venient hour (12.45). Perhaps there were some who pre dicted great things for Mr. Bickett when he left Monroe years ago. In fact, it Is said that some even pre dicted that he would one day be Governor of the State, but whether they ever gave any serious thought to their prophecy until the year 1908, when Mr. Bickett came into the limelight in his Horn nominating speech, it is not known. His rise dates from that speech, which is still vividly remembered by many who heard it even to this day. There was a big crowd of Union county folks on hand Friday to greet Mr. Bickett, and the court house was taxed to its capacity. There was even a scattering of people in the gallery; many were standing, and a number were sitting around the Judge's bench. Many ladies also heard the speech. Mr. Bickett was introduced by Mr. Frank Armfleld, his old school-mate and boyhood friend, who said: "It takes an occasion like this to get the people of Union county out, and I am glad to see so many of you here to greet Mr. Bickett on his .return. Kx-Uovernor Glenn who has made many speeches in this county, always made a mental note of those present to hear him. One time when he was addressing a meeting of the veterans of Camp Walkup, he used this pow er of observation. It happened that some years later he came back to address the Camp once more." He noticed several vacant seats, and he went to reviewing the list of those dead. 'And,' he said, 'I notice so-and-so has departed this earth for his heavenly home. And so-and-so has gone to his reward. And so-and-so has gone to meet Jackson and Lee In that fairer land. And Aley Tom berlln has left us to feast with the Gods on high. But about this time Uncle Aley arose in the audience and shouted: 'I swear Aley ain't left yet.' (Applause.) Now that's the way with us Union county folks, for when the occasion demands it, we are there. "Ladies and gentlemen, I have watched, as I am sure you have, Mr. Blckett's career with much Interest. I can truthfully say that thetje is no better speaker In the State, so far as a combination of wit, eloquence and logic, than Mr. Bickett." (Applause.) Greeted With Applause. Mr. Bickett arose to speak In the midst of a hearty applause. He said he was "grateful for the kind words of my friend, but I am also grate ful for the things Mr. Armfleld knew, but didn't tell." (Applause.) Con tinuing, he said: "No fairer audience ever greeted a speaker in the State, but I hope you will pardon my voice, which has become impaired through excessive use. The most horrible tragedy in the world Is a wcman who ha3 lost her voice. Next to this in horror is the woman w ho has lost her voice and dosen't know it. One of the second kind referred to was before the spotlight one night, and she sang: 'Oh I wish I was a bird.' An old boy in the gallery retorted: 'Oh, I wish I was a gun.' "It Is always a Joy to me to come back to the homeland. I love the Union hills as a sailor loves the sea. Whatever pleasure It may cause nie for honors that may come my way Is largely due to the fact that those honors will bring gladness to my home people. Here I was born; here it was that I spent the care-free days of my childhood; here my mother and father He buried, and at this moment the prayer that rises in my heart Is that in the discharge of my duty I may prove myself worthy of them and you and I know that they and you would have me speak a word for God and humanity. "It requires no eloquence to pre sent the cause of Democracy this year. Demothenese, the greatest orator that ever lived, said oratory consisted of three things: first, ac tion; second, action; third, action. His contemporary, in the days of Athens, was a smooth-tongue genius, but when Demonthenese spoke to the people, they cried: "Let's fight Philip!' It was the eloquence of fact and not words that pained his victory. "The United States is the only first class ration that is not at war. The people of half the world are suf fering dire starvation, disease and death, yet In this countiy peace pre vails nnd prosperity abound.?. "MevU'.t? K. Stone, head of the greatest n?ws p.-.t'ae-inir usroclatlon in the world, said before an audit tire la Jlnlelch some time recently: 'If you brieve In God, thank him, for AiiK-vka ti'j 'ys peace.' "To the y mi rig men here I ny lei them all be thankful while he walks by tho side ot all-aboundin" nature enje-ylna hanlness of youth a..d tian quili'ty. Let Mm he thrr.k.'ul that he Is not now or. t'a" batile!ic'd su!Teii:ic th t'irtiM v f hencer end cold. Mot'.'""', to thankful Opt cur bry. I in which yea have p'uied your all -' safe today, while in other lands the sons of mothers, just as strong as your boy, lie dead on the battlefield. Why Is this? I say it most reverent ly because divine Justice rules in Washington. I verily believe that God called a man lour years ago who put into practice with nations tho scripture that applies to man: 'Thou shall not kill. "Fathers, thank God and Wilson, for If he has made a mistake, your boy and mine inifcht be marching to the tap of drums and answering the all or the bugle. There has been a systematized effort to force Wilson into declaring war. Big newspapers, some of them owned and controlled by capitalistic money, daily shout f-;r war and ridicule Mr. Wilson's efforts towards maintaining an honorable peace. They say our diplomacy is (he laughing stock of the world. Be it so. but the world is bending to the diplomacy of the schoolmaster President. "Hughes confines his attack al most wholly on Mr. Wilson's foreign policy. In regard to Mexico he says we should have recognized that mur derer, thief and renegade, Huerta. He criticises our attitude towards Ger many, likewise towards Fngland. He says Mr. Wilson is to shiftless. Yet every school boy knows that no President has laced such trials and perplexities as has Mr. Wilson since the days of Lincoln. Conditions have changed overnight, and policies had to be shifted to meet the con ditions. When a man finds himself surrounded by yellow-jackets In the east, man-sharks in the north, rattle snakes in the weot, and hell-fire and damnation in the South he had to change from the old style of doing things. "The German Kaiser bowed before the humble schoolmaster. Just after Mr. Wilson's last diplomatic triumph over Germany, The New York Sun said that a Ailamity had been avert ed by Mr. Wilson's masterful hand ling of the situation. And the Sun is not related to the Democratic party either by birth or marriage. "Mr. Hughes may call our Presi dent a weakling; Mr. Roosevelt may call him a coward.- but in America there Is a peace that surpasses under standing nnd prosperity abounds. The United States is today doing a volume of business that has never before been approached since Adam and live left the Garden of Eden. Labor Is receiving its highest wages. The farmer Is getting the highest pricus on record for his produce. Cot ton is roosting in the trees tobac co Is climbing theluountains, year ling calves are braying at. the moon, and wheat Is tangoing with the stars! Only the other day la Loulsburg, a farmer, who found the markets clos ed for the day, wanted to rent some safety deposit boxes from a bank in which to store his cotton seed for the night. "Gold from all nations of the world is pouring into our coffers. There are more funds in our banks today than In all of the banks in Germany, France, England and Nor way combined. For the first time In the hlstoiy of the world the English pound has boon supplanted by the American dollar, and today that old dollar Is the trading standard from the Bank of England to the four corners of the world." The Federal Keserve Act. Mr. Blckett's speech dealt mostly with that beneficial Democratic measure known as the Federal Ke serve Act, which took the control of money out of the hands of Wall .Street and placed It In the hands of the people. As a preliminary to his remarks on this subject, he related the thrilling Interview between Me Adoo and Wall Street when the lat ter was about to take steps that would have caused such a panic an the world has never known. He quoted the words of Mr. Harding, who is a member of the Federal Re serve Bank: " 'The news of the declaration of war on July 18 fell like a bolt from a clear sky; ships were racing to the shore; stock markets were closed; business was In a panic, and no one knew what the next hour would bring. The big bankers of Wall Street held a meeting at which they discussed the situation thoroughly. They decided that the safest thing for thein to do would be to refuse to let out any more funds. To do thlc it was necessary to secure the permis sion of the Secretary of the Treas ure)1, Mr. McAdoo. So forthwith they hurried to Washington, where they secured an audience with him. They notified him of their resolution. He startled the aggregation by say ing: 'You keep that quiet. If It gets out there will be a calamity.' 'Well. Mr. McAddo', sr.ld they, 'what will we do?' 'Ycu meet me at the Van derbilt hctl tonight Rnd I'll tell you what to do.' That night he told them: 'If you men perslrt In calling In funds, I'll turn out the entire re sources of the United States treas ury. The people have milions of dol lars there and If they need it, they'll get It.' This ro frightened the bank ers that they hurriedly withdrew and the panic was averted. The next day the ch.ir.nel of business continued its smooth course.' "Under cur old rurre'icy system." continued Mr. I'.l.keU "IT It hj ppe!i'! that money was nnt!f'. to move the ciT.pi In North Carolina, it. ror.ietlm-'R happened that r.it!'.cy ror.M not be secured r.ltlui'ieh there might be gold idled a i.;ile loch lyini; in Huston or wi:a of the other financial centers of ih" count")'. It was cotitrollad by private individual1, in id 'h"v di'ln't fare to heed the cry of '!.-' ve . Now when w nca.l uor.-'v down here to i;v;v? it r 1 all C Inv got to do i. to notify the Fed." i.l Reserve busk at Rkl.mcnd and if they haven't MR. IIIXSOX'S KOI SK IH KXKD Family Saved Nothing; ami Barely F.m nntl Why Not lio to the Show I .oca I m.d Personal. I By O. P. Timist.l Wingate, Oct. 30. On account of his sar.'ly afflicted limb Dr. J. W. Gale has been compelled to resign his position with the Wingate Drug Store and return to his home in Polkton. The Wingate people re gret very much to lose so useful and worthy a citizen as the doctor and hope for him an early recovery to normal health. His friends will be deeply pained to learn that Mr. Enoa Hinson lost his dwelling house by fire Wednesday night. Not a thing was saved except what the occupants had on. the family b-.irely escaping with their lives. The origiu of the fire is not known, supposed, however, to have caught from a spark on the roof or from some defect in the chimney. Mr. Hinson carried no insurance on his building, we understand, so that the family is in quite a destitute condi tion. Mr. Hinson is a most worthy citizen and he and his family deserve the sincere sympathy and material aid of all who can help in this time of such sore calamity. A correction: It was Mr. and Mrs. R. L. McWhirter who celebrated their first wedding anniversary with the turkey dinner, and not Mr. and Mrs. R. L. Womhle, as printed in the last Issue of The Journal. This cor rection is made in justice to all con cerned. Mr. Arthur Evans will move his stock of goods and his family to Marsliville this week. Mr. Evans will conduct a mercantile business in that thriving hustling little town. Wingate is sorry to lose this excel lent family from its list of worthy citizens. Best wishes for their suc cess and happiness go with Mr. and Mrs. Evans and children. Mr. Evans is a cripple and deserves a full share of public sympathy and patronage. Mr. and Mrs. Billy Stewart and children spent Saturday and Sunday with Mrs. Stewart's parents, Mr. and Mrs. H. A. Redl'earn. The friends and relatives of Mrs. Bud Ph'fer will be delighted to know that she is able to walk out and about the premises. A complete recovery to her accustomed health is anticipated. Mr. nnd Mr?. B. D. Austin. Mr. and Mrs. D. P. Austin and Mr. Henry Austin of Sincerity and Dr. and Mrs. J. R. Jerome were welcome guests In The Lone Oak home Sunday after noon. We regret very much that we were not in shape to entertain them better. Miss Annie Duncan was visiting friends and relatives in Wingate Saturday and Sunday. Mr. Jesse Williams of Waxhaw visited relatives and friends In town Saturday evening and Sunday. Mr. Connell has gone to Badln to work with the Alluininum Company. Now is the time to begin To watch Wood row Wilson win, Not many men. not even Hughes, But what would "rattle" In Wol- son's shoes. Sparks' big circus will be In Mon roe next Saturday, Nov. 4th. Doubt less Wingate and community will be well represented at this famous show. Why not? Money was never more plentiful among the common laboring classes. So that they can afford to take a day olf now and then for recreation and diversion, t enjoy some of the luxuries and amusements of the day which makes life sweeter and the more worth living. Mr. W. T. Redfearn of Chapel Hill spent a few days of his quar terly vacation with home folks in town last week. , Judging from reports, the debate at the Wingate Academy Saturday evening was a Eplendld success. Quite a large audience was present, the speakers acquitted themselves with credit to themselves and to the school. Why be continually nagging and twitting the people for wishing to en Joy some of the conveniences and luxuries of this grand age in which we live? We shall never pass this way again; why not make the best of the Journey? O. P. T. Is still on the defensive and Is holding his ground fairly well. Births. To Mr. and Mrs. A. E. Hilton, Monroe, a son, October 5th. To Mr, and Mrs. James Helms. Monroe township, a daughter, Oc tober, 15th. To Mr. and Mrs. Ed W. Crow. Mon roe, a daughter, October 16th. To Mr. and Mr3. W. S. Baskerville Monroe, a daughter, October 17th. To Mr. and Mrs. Jeddie Helms. Benton Heights, a son, October 20th. To Mr. and Mrs. T. N. Rogers. Monroe, a daughter. October 20ih. T.L.CROWELL. Vital Statistician. rot it there, they'll get It for you anniewhere else. "The Democratic administration has riven in an elastic currency law. When money is t.eeded it expand: ; when it is not. It autoM-ill-ally con tracts. This net is worth more to the p"op'o of this country than all ol Urn U-el.htion enacted by the R publiians sines the days of Lincoln." Xv. Bickett nlso praised Mr. Hi"i--tin'.'i marltv'tiiu tyster.i. II saiJ t'W 1." wiH proud of the fart that bh w;u barn and reared in the rain rounfy that prodiicd men like Jchn t on and H'Mis-ton. Alter l lie conclusion of hii speech, mi'.ny .uli iirn:; of Mr. Hl.'kelt it::! -forwr.rd to shi'lee hi lu'id. M.ny .-aid it v.v.5 he lc 1 iper.1; tVy tier !"-?r !. KttLF.KS AMI DFACOVS MFKTIXU Had a Fine One at Altun Ijist Fri ll:!) Mi l.lcnlurK Well Iteprv-M-mei! and ttie Altnn Folks Did Wordci-s W ith Their Dinner. Th" elders r.nd deacons convention of the Mechuuburg Prebvieiy at Allan l.i i Frid iy was a g;cat suc cess. Ti:e ;.tter.lnnce was food and !he prutrrai.i was very interesting and In.-tniciive. TLe marie uuder tlu leader.-hip of Mr. R. C. Freeman of Mecklenburg was exceptionally good, end the d.ntiir furnished on the groundi by th.' people of the commu nity was .-re.it. Lots of people spoke of how tine the dinner was. The Monroe chimb was officially repre sented by Messrs. R. N. Nisbet. W. A. Henderson and W. H. Norwood. The meeting was opened by devo tional exercites held by Rev. E. S. Watson, and then Mr. John Pharr of Charlotte was elected president, and Mr. T. W. Elliot made an address ot of welcome to the visitors, and Prof. R. N. Nisbet responded. Mr. R. C. Freeman of Mecklenburg made a talk on the importance of church music, and in conducting the music of the occasion, Mr. Freeman gave an example of good music. Mr. Nat White of Charlotte dis cussed the duty of the deacon in the development of the church, and Mr. B. T. Price of Steel Creek spoke on the importance of the Sunday school. Dr. Belk of Monroe was down for a speech on the duty of elders and dea cons in the Sunday school but was away from home and unable to at tend. Along about this time came the dinner hour and its full enjoy ment. In the afternon Mr. W. E. Price of Charlote spoke on the duty of of ficers in relation to the Sunday school and young peoples' societies were thoroughly discussed by Messrs. W. M. Woodside of Charlotte and Parks Brown of Steele Creek. Waxhaw News. Correspondence of The Journal. Waxhaw. Oct. 30. Mrs. H. C. Houston returned home last Thurs day from a several days' visit in Charlotte. Mr. and Mrs. Roy N. Walkup spent last Wednesday in Charlotte. Mrs. W. O.'llanell of Marshville spent Sunday in town with her moth er. Mr. J. A. Williams Fpent Satur day nijcht and Sunday in Wingate. Mr. and Mrs. C. S. Massey. Messrs. Olin and William Massey, Jpenr Wlday afternoon In Charlotte. Mlsse3 Lottie and Geneva Fitz gerald Walkup entertained at their home on south Broad street Fiid:y evening in honor of Miss Lois Col lins. A three course luncheon was served. Rook and other games were played. Mr. J. M. Eason is spending some time with his uncle, Mr. Hinson, near Wingate, who is seriously ill. Rev. C. E. Robertson Is holding a protracted meeting at Marshville this week. Mr. Eli Osborne of Ocala, F:a. sport the week-end here with his mother, Mrs. Martha Orsborne. Dr. T. P. Nisbet .of Albemarle spent Sunday In town with hl.i wi.'e. Messrs. C. S. and William Massey spent Sunday In Van Wyck. There was a Sunday school rrlly held at Tirzah church Sunday. Mr. Green of Lancaster made an eloquent adderss In the afternoon. There war. a public d'nnr on th grounds. A large crowd from Waxhaw were present. Messrs. V. C. Davis and Olin Niven spent Sunday afternoon In Charlotte. Miss Maggie Davis, who has been taking treatment in the Charlotte Sanitorium for a week, returned home Monday. Reports speak very favorably of the circui which Is to bo at Monroe next Saturday, 4th. and our people will be there In force as they general ly go In for this sort of entertain ment. News Boy. SPEAKING THIS WEEK I Hen. Frank .Imil'eM will (.peak at Mount ricttsant Kclmolhouse, I'.uford townshlit, on Wednesday, Xovemlter 1st, at 8 o'clock p. 'it. Messrs. It. . mid W. O. Iemnioiid will s;ieak at Fltcnewr School 'i:iim, G'K'.se I'rcel; t,wrlil, on Wednes day, Ni'vcnilier 1st, at H o'clock p. m. Messrs. J. X. Pi-Ice nnd W. O. Lent mend will fMcak at Union school house, Lmies Creek township, on Thursday, November 2nd, at H o'cIih k p. m. Messrs. Ki'iinl: Aimllel.l and It. K. lieasley will siwnk at Jenkins school house. Lanes Creek township, on Fri day, XovenilKT 3rd, at 8 nYlork p. m. lion. II. W. I c nimond ill speak ;'.t Brief school house, (ioose ('reek township mi Ftidiiy, XovciiiIht :trd, :t 8 o'clock. Mnssr. 4. X. Price rnd W. O. Iem r.mnd Mill speak at Unionville on Friday, Xoveinber I'i'il. nt 8 o'clock. linn. .1. X. Ptl'e will spenk nt In dian Trail on S.'.tuulny, Xovemlwr J:h, tit 8 p. pi. Mos-'tx. K. W. ami W, O. I-cmniond nil! spent: n: Velcy ("Impel on Sat iii.Iry, XovcjiiIht Itli, nt 8 o'clock p. in. find of Thanks. We desire tn flai l; our friends and nelshhiirs for th" kindness shown through our afilic:in. the dei th of my wife. We had a'l the kindness an.! sympathy tint v..u possible for cnod friends to give. Jeitie llclns. TitHY ARE HI" I" r-d w want y.v in c.'r.ic an 1 si t': i.i. Vnl-, s unfl , l'''.":i. of fie t v.jit v..tir !.. ..- - A-I'.l Id V, : ... .i : Hotel Avsurvd. The Houstcn-Heath Realty Com pany, owners of the Houston corner, will at once put up four ttory build ing on this lot. comprising stores, hotel, and bank building the corner to be occupitd by the First National Bark. At a meeting of the Chamber of Commerce last night the otficers of the nal'y company assured the Clir.mber that work would Lc?;n at aace and that he building would bo uuder way this. fall. Eveiybody is happy over the outcome for Monroe is now assured a On t class hotel. FXtilXK ( IT BABY IX TWO l.ille One Turned Its Face and Look ed Up as Engine Came I'pon It. Greensboro News. The story of the tragic death of a little child was filed away last night at heudi.uarters of the division of the Southern Railway company here, ia the report t.f the engineer who sat at the th'ottle of passonger train No. 139 from Goldsboro. The em,'in"or was pulling into Morrisville, a small tova 12 miles on the Greensboro side of Raleigh, yeMerlay afetrnoon. when he saw a little white bundle on the ties between the rails of the! track upon which he was advancing, and he thought until almost upon it that it was a newspaper blown that way. As the locomotive advanced the little bundle twisted about and c tiny face was raised to Mare into the eyes of the horrified trainman. Then the knowledge that a baby lay there was too late. The air brakes of corrse. were applied and the train finally stopped with a jar which made the passengers know that something was wrong, but on one side of the rail lay the head and shoulders of the little body and on the other the remainder of It. The weight of tiie train had crushed the child virtually Into two parts. The baby was the 25-months-old daughter of Mr. and Mrs. C. J. Farm er, who live about 400 yards fro.n the Southern right-of-way and about a half mile from the station at Mor risville. The child had wandered away In pursuit of some other chil dren and tired of its rambles, had chosen the railroad track to rest. Tho baby was lying fare downward on the crcssties when the engineer first noticed it, but hearing tlto ap proaching train, and Interested pro bably in the monster engine coming onward, the baby turned over, and. as wa3 stated, raised its little head just in time to fall across the rail and receive the full force of the train The body of tiie child was carried to the home cf Its parents and the train ciime on to Greensboro shortly aiter 7 o'clock latt night, bringing a saddened crew and passengers, who I declared that the view of the child's body lying mangled was the most horrible they had ever seen. DEMOCRATS, JM) YOUK IHTY! Now that the time for registration is past (except those young men who will become 21 years old on or be fore the 8th of November), it be hooves all Democrats of Union coun ty to vote on election day, Tuesday, November 7th. Since 1837, when Old Hickory Jackson's fcctlid term as President ol the United States ex pired. Union county has not had a native sen in hl:h elective oli'u-e ; either in Nation or State. This yenr our candidate for Governor, T. V. Bickett. is a native of this county, and local pride, if nothing else, should make us give him a rousing majority in the county of his birth. Don't say: "We are sure to elect Bickett uuyway," and stay m home on November 7th. letting It go at that. If rny large number of Demo crats should think and act that way, we wouldn't be so plum sure, would we? And why shouldn't you do your part, and not leave it all to the other fellow? No Democrat worthy of the name should fail to vote to return WihkI row Wilson to the Presidency this year, especially since a large number of eminent men who have been Re publicans are supporting Woodrow Wilson for a second term because of what he and the Democratic party have accomplished in the last four years. And in order to continue the great work thus far so nobly done, it will be necessary to have a Demo cratic Congress working hand in hand with President Wilson. Li t us do our part tward thi:; great end in this Seventh Congressional District by Pending to represent us In Con gress the Democratic candidate, L. U. Robinson. In short, don't be n slacker, but come out on Tuesday, November 7tii, and vote the whole Democratic tick et from top to bottom. It will only take a little of your time, and you will surely be r.hd to have the con sciourne'd of having perfoimed your duty ns n citizen, and of having done your part in returning t- power the Democratic party '. Nation, State j and count v. I UNION COUNTY DEM. EN EC. COM. J. C. M. VANN. Chin. FOR r 'INT A good two or thre horse fait'. Sio .1. W. Lit! han ft l4i?l" in i'l RM.ard.-cin. FROSTl': NV CAUPAGK plmt tlifit l'K Jersey Wakef.cH. Chnrli- 'en Wakefield. Suro'.? ,in nnd Fl it d-jrh. Hut) for $ l.no. postpaid: l'' for 15 rents, pc Jt -"aid. Uv cvj ro?, 7i) cents p-.;-1 Oi. It'. O. Parks. Umh. N. c. : V.'ANTFn- Sep S. R. poster h,'o-e j -i si : II yi '.if h.iir.a. chic kens ami ; 1 ear. i COTTON NOW DDWN A LITTLE MAS LOST Fltmi Itlt.ll Ll.Vlll-S HIT STILL i(Xl MniiufjctuivrV I'.eci.id Tc.l o( Fn oi'inous Yiihre of the Crop to the South This Yen Fnli;it il.-ni li ed the iiilioM I'oiii: Sin. e it'.'! i;!s Have Itct-ii K ;it. Cotton is still ourir.? into li e Monroe riark. t. 'lliis week th- ;rii e has Uvn so.iiewli.it Itavi Lut 'u-re has not ben any !..-ui!i!i;.ig out ii yet. Prices today ranted horn 'eigh teen and a h;;lf lor short staple un. Buyers sa) that ro'tc l is tj. kli'i. for while they hate n trouble I it selling it the money required to handle it Is now so ca'iioious that it naturally makes them uneasy. St far as appears no on? expect j much further loss in price. Iji-I Week. The highest kind of liquidation was witnessed in the local cotton market last week aftor prices had bulged to the higher! levels ever recorded in the future market, say a New Orleans dispatch. On Wed nesday all the active future month.- : were above l'J cents, July trading to 19.89. The climax to th pro longed rise came immediately after j the Census Bureau on gintiihg of 7.291,733 bales" turned out lu Of ttober 17. General expectati-u were I for a report of not under 7.3",(iUi) bales. The fitiCuations of the v.-ook were broad and violent, on Wednesday, the drop from the higlies to the low est levels being nearly n cent a pound. At the highest h'vcl.' of the week the active months were 137 to 144 points over the previous week's close; at the lowest levels they were still 11 to 16 points up. The market moved over an extreme range of 124 to 130 points and closed at a net ad vance of 36 to 40 points." The following extracts from an il luminating editorial appeared in the Manufacturers H?cord will be oE Interest: "With cotton now commanding 19 cento and over, it serins fairly safe conservatively to estimate that this year's crop, including seed, will be worth to the growers at least $1 -300. 000, 00i. "If to this we add about 3.000,000 bales brought over troni previous crops and the world's c:rmnd will this yeaV probably take thi. surplus stock of former year; and this year's crop, and leave the markets almost bate a year hence there will be brought Into the South about $1. uO0.000.O0O for the cotton and seed marketed during this crop year. Staggering Figuit-s. "That sum, staggering in r.mount, greater by hundreds of millions than the Souti ever before received for any crop of cotton, will have a tre mendous effect upon every line of business. It will stimulate specula tion, just as the influx of gold for iron and seel and war munitions has slim u la tod speculation in the east and west. It will also stimulate ex travagance, as has been the case in the Last and west. Hut at the same time it will vivity tiie business in terests of the South, and if wisely used will lay the foundation for great prosperity and expansion dur ing the coming years. "It is difficult to overestimate the influence which this inflow of money will have upon the south, because, whether the cotton in shipped out in its raw state or in the manufac tured product froi.i southern mills, it means an influx of o;r: ide money of a billion and a half dollars at the start, and the added iimnunt of sev eral hundred million dollars which will come for the finished product turned out of southern textile mill.s. Unlike a corn crop, valuable as it is which is used at home, it means new money coming from outside, from the north and the west and from Europe. It means many times as much influence upon business and upon stimulation of all activities, as would the raising of a corn crop equal In value. In tho long run the corn crop might he worth as much to the south in developing diversified agriculture, but It would not within the next 12 months produce such an expansion of business activities a will the billion and a half or more brought in for cotton. "Southern cotton mills will this year consume about 4.000,000 bale's. The value added in the course of manufacturing will at least equal the cost of the raw material. Putting this at $00 a bale would men $360. 000, (M)0 more to come south for cot ton In the shape of finished product. If to this we add the ooput of rot tonseed oil mills, we shMl find that the south during the present crop year w ill receive about 1 2.0OU.000, 000 for this year's cotton nnd cotton products. Comparing this with the excess of our exports for the fiscal year ended June ?.0. l!Mfl. our pre ceding years of about that sun. and its tremendous iniMmnro upon all tlm ramifications of trade rnd finance, we can gel some idea pi1 M ih.' Influ erce of these high prices of cotton vpon the smith's prosper'ty ami thus upon the nation's prr-t.t i ily. "The great iuncc to the south in this situation will he that It.i farm ers may he tempted to nliuidon di versified farming mid con: at; ale all ilieir iuUnv-ts on rotto-i growing. Another dnneer is that tivs money in v becet wild i Ntrav," m ard s'n'i ".I uion. It should ic moii to w-'pe out the indelit'dn.'- cf south ern planters to tlieir tin i ' a nts, and of sou i he: n merchants ' t!o;r b.iaU ers. in order that thi. serf; n may (. on a sound financial basis iilmlc in inert any storm that nniv come i'i the lllturc."

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