The Alto Herald (Alto, Tex.), Vol. 12, No. 7, Ed. 1 Thursday, February 1, 1912 Page: 2 of 8
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"THE HELFLIN BILL
UNFAIR TO FARMERS
W U1_D UNSETTLE AND REVOLU-
| tionize COTTON MARKET.
SPOT COTTON WOE PLA«
Enables the Farmer if Pell His Pro-
duct at a Oeifar Price Several
Months In Ach.-.ncc.
Frost, Tcxao, .*:••• ' T. nir.ct.-
^tp]|, editor of. r 1 < -.n ;i-il Cwi«"
Oil News ol' l iili;..', . ike here tod; ■
te the business nioti mill fanners or.
Ih
need of col
ditc
us 1
U Ci: o .
• :•., v;ii.h i
o ov< :
. •! of ts:r
;tiil/.er to
oni i'cv a.1
ili« clionr
. - same,
ha me !
1
ICv-
vlng '•
..ken f
heias
;s In till-,
r it It'Ui
cettfcn, fertilization,
>tem grading, sciso. .
Mr. Black well :
I
I "I address you not
writer, but ,1s a farmer,
farmer and laudov.r.r-. ! want to *d
tlrans fou briefly on issues of tlie most
vital importance to «. rv r.an, v.o.
and child iu the Sou - •" w; i •!'
rectly or Indirectly yn the < • • ■ : n i>V\
| "The subject of fe n i. .,
•bAfftaoiim: to scritn-sb the
iteDtion of onr ptxipie.
other Bcctions of tin1
virgin Boil, wo ara jr.
mate tho lasting cjuii
jW© permit fortunes c: f>
to waste for the hi '.; ••
ia proper knorvlet:. • i>
,needa of our soils lo '-
cry ton of cotton nl:
jthe soil of ?'J in value :i
leaid stallta annually
soil. We canuot go ■
blng tho soil and never
tho chemical properlie;
lit to produce cotloii v
appointed Anally ill l!u> .
j "I want lo urge my I.
as good care of cotton
the gin as they do a 1 Cc n-io of hii.v
jcotton left in the wen !'i t will cou-
Itract country damage and tho short-
lalghted farmer who Jo:;-.-a his cotton
exposed, Invariably ioscb in weight, as
jcotton onco wet will lo- ■ •. when dried
iout. Take caro of your ootlon, wrap
.it up fully and neatly and avoid a row
.with the buyer over country damage
land help mako our American packages
reach their destination without look-
ling like the miserable shabby or-
phans they are when they roach the
.other side.
j "Another important question I wish
•to discuss with you and urge you to
begin now is to ask your State Leg-
islature to malte provisions for the
tstokllskment of cotton grading
schools In tho high school of each
pounty seat of the entire South. It
|ls Inconceivable that only two per
icent of our cotton planters are able
to grado their cotton, and thereby ar-
rive at an intelligent, appraisal of its
value—the most valuabh product of
our soil. These schools can be estab-
lished with slight cost and conducted
!n the summer months when the young
tnen of the farms have leisure time.
"Tho only way to get anything near
What the present or the next crop of
cotton is worth is to hold a million
•bales or two ol tliis crop over into
lext year's crop and reduce the acrenga
)t> per cent. A 14,000,000 bale crop
In 1315 will bring G centa per pound.
A 11,000,000 bale crop will bring 12
jcents per pound. The only thing that
Scan prevent a good advance of say
$6 to $10 per bale in cotton, If held
Cor a few months, is for the bill of
Mr. Heflln, of Alabama, seeking to
abolish future dealing in cotton to pass
pr even to be reported favorably by
the committee on agriculture. Either
•would break the price of cotton ?a
per bale at the present time.
"On the question of cotton ex-
changes, tho future trading feature or
the application of the hedge prerogative
to the spot deal, our people are very
poorly laformod or rather misinform-
ed. In fact when very few of our
ablest editors or statesmen have given
(the matter any thought how can we
dxpect our farmers to know any bet-
ter when they depend upon tho first
named men to enlighten them.
'The producer of cotton and a largo
®er cent of the public generally have
a. haiy idea that every detail of the
kotton traffic, especially cotton fu-
tures, Is one vast propaganda estab-
lished and maintained solely to de-
press the price of cotton and take it
way from the producer as cheaply as
possible.
I "The cotton exchanges, of which
there are but three In all tho world
rwhlch make tho price of either spots
jp- futures, «re thof* g£ New Orleans.
..«j ,l^r«ruvM'-
•>rk aad New prlnans ex-
no. • . ■ producers' exchanges,
<"•>,. ■ • i/kiI exchange Is tha con-
• . .. * nge, and in the humble
- ' ,i'.3 writer bot£ the pro-
' ansun-.er must jiiive an
'cute a balanced inn/-
ft:.!1.' the exchanges tuu
ii.i, limbos, .for the world's cpttou
,-it: Wit' ("ut them It would be al>
•olutT>!}' ifinv.?! i-ible for anyone to ar-
ut • rm-tiilon' like a fair and cqult-
iiin p;i.-i ,or i <>tton.
a pile.'. ; ion of the futures trade
m h«l(/.« n ,::Uve to tho b]io; deal
ii-. -iic cotton market and
a cash asset aud salt
i • n the y.ear at every
in tho South, if ike
\eel or th s f.t." j:.,
t lull, vvhicu da d in
a ! ■> tl- • isi't session, and tho
i-. ■ i1 - i • 11 would do, coi on
..... • . - i,u uiu6 a coairuoitity
l<e rire, «u«ar, tobacco, steel and oil,
jii denair.d. I-1 jth-
might dr.vi" tj town
1 the buyer, enable
ises by selling cet-
. ould only buj when
io had s, • • in orriers in his pocket,
jiid the farmer would either have t9
!• ail ii hae.k hom^, or leave it on cou-
h nuieiit. t<> ! sold on an ordor
rom the n i To pass a ua-
, • ]?• w p'M'ont dealing in cot-
t-s .. i .io cripple tho Am-
markets that Uiver-
•I'lui >-> lil nf M>e« dominate the oa-
d fix tne pi iw, tio-
■ otu: uycrB would be
..ii . .11 bur.iness on the
• ori "vchange and thus
; ion with ^ill power,
• i m .1 to the disadvan-
- >f tl-. , .uJuei ■ and to tho advan-
of •'• r, because Liver-
i- a a i.or'8 market. The
of getting "out af
. "'to farmer has eot-
■ mi. ini 111 thus seek to do-
Limiting demand, the
4 -. tem may be in
•I to ■ iii prices, and there Is
v if, i.t can croate a de-
in •. itingcncy.
ii lin'i «i 1010 and 1911 wer
" > wrs ri all the history c4
a ii f'i. ii ■ r inducer got a good
for a a. v.hile ho had cotton
to -['ii, an i , i.eeauBO the Amor-
:"i !■■■ . ' .' angcfl enjoyed all
. • : >■!■■■■■ 11Mictions, which would
! ! ii 1 . uch legislation as
i" llo'.iin bill.
"An euu-rprkilng Texas firm In De-
r.nmber, ISO:), diil this very tiling,
ai-a: M lo 15 cents por pound
"ui 'it: a. hedged bj future sales,
\ r.-'ped to maintain good
•'1 for the farmers spot cotton. Is
not (hit: irrt.-iatwble proof of the value
and the nece :,i|y of a tuture system?
hi tho farmers' only defense when
ih« mills I'orablne to keep out of the
n"i-'l(pt int.' isfuse to buy actual cot-
Is thare any farmer or politl-
i i 1 '1 as not to comprehend
this propn ition?
i'l i t a s of tho anti-future bills ex-
I" •••-:;•• forbid the purchase or sale
ol --on . when the purchaser doeo not
Intend to receive it, or the seller ill-
i -'i<l to deliver it. The effect of suifh
ilraahii: legislation would be to pre-
■ -.'lit spot purchases Becured by fu-
lure sales, and tho mills would be in
coTpleto control. Even a bllml laan
can tee this.
"In ail products not governed by ox-
caiiinxes, liko cotton and grain,
truats have been organized and plun-
dered the people. See what the Fed-
eral Government has had to do to the
sugar, tobacco, eteel, oil and other
traat. I know that a cofj-orr.'Jci of
C!,000,000,000 was tentatively formed
to corner -tha cotton market had the
Scott bill passed.
"When the Scott bill came near pass-
ing the Senate last February it broke
the price of cotton $15 per bale be-
cause it would have killed the Am-
erican bull, the only friend to the cot-
ton market, while It oould not reach
the European bear, the enemy of high
priced cotton. Not only this, but tha
hears secretly encourage the Introduc-
tion. aud passage of such legislation,
because it la always a blow to cotton.
"I do not spoclallr blame our Far-
mers' Union friends for supporting aa*
ti-future bills, because It Is always
represented to them as cotton gam-
bling, while the necessity of such a
system for tho actual legitimate spot
(runic In never explained to them. 1
make this appeal to the public at
largo, as well as to my audience, be-
cause. I do not want to see our people
romniit themselves to a policy that
will prove Injurious to the best in-
terests of cotton but on the other hand j
1 want to ask my hearers to at once '
petition their Congressmen to oppose I
all legislation that Will affect our cot- |
ton markets adversely, while at the J
same time conferring a corresponding j
advantage on those markets to whom I
we sell our cotton.
I^'t our peoplo wake UP and study !
tho legitimate business which must j
BtJft'vW by laws aimed at speculation, i
1 do not at all attempt a defense of
Wmwulater*, but £paUx« .JJufc our.lefc
with i wo 1il-1«.s through her
hodv, into ;tlit' tl;ati'.l V.icatre.
Those \vht?"!f;V\v him *•*> liavis fol-
lowed, caught lier half way down
th£,iMSle, and bending her back ov-
er a clin\r began to beat her over
the head vwith the six-phootcr, ll
was said at the hospital that she
was very badly bruised about the
bend, where sh/: had been Clubbed.
inlutorts .are playing with flrj wTiet
they attempt, legislation that may de
feat the vary end.', tbe'y Set out to at-
tain. Finally I submit that If suck
a bill a the. "Heflln bill should be-
come law that it would: t.
"(1) iJn'settle and completely revo-
lutionize cotton prices by making Wv-
erpuol the rultilC cotton market of the
world.
(i) That by depressing cotton val-
ues a corresponding doprcsoloii woutd
take place in all Southern values, e>
peclally land values.
(!1) That It would require ton
times the banking capital available at
the South to move the crop. I s,\ve nickels, ciiaiCo
(-1) And, finally, that It woold re- j _
suit In the ceilUalizatlon of the eoV 1'HIS.
'en traffic of America to the great , ( , )
iisadvantase of the cotton prodacu." •'* 1 '• ,
" .-rild oma! t h c i u s n i s cl doikusif
v. ■ ft ll Of s\V< '•( ' -i 1 ' ' " '
A wist* resoluti< ii for 1^12'|i
Trtdc at W. T Willi;!ins Hut! (
ai.d t!u!
WHEN
QUALITY
IS COiVoiUBRKD
W K l. ' > T I! ii
l'Ki>. •'. w : : :
T!IEKE#S \ RKASON
i'
i'
4 ;i ci. .it acrvv o .i i s.
veil iw.
no i: 1t
just .1 ...
2<J —At
•p.,
1-^.aft. v"-:on, with outpour-, Cor.ic and make settlement
ing ts froiu every downtown j wjti, us at ollcc> Make best
store and office filling .the streets, eas|1 pay]nent possible and
Bob Davis of 3410 Leuimon aven.u ^ with satisfactory note
a printer pbont 22 or 23 years of j Bl.AXTON BROS,
am-i fir"-' ii" s!i<->- •'.•<•1:1 a
,U 1 at ui.I Mit -.d A wci! in la.>t week in
•;w l ib ui-:. as tli • the Goose Cfi.'ek t>ii he'd near
- :i :rout of the La Por.te, with an
a vatt-lv vil'e uml tlow of i,8oo barrels per day.
iir ■ b iitse on Mai::
h.'-n ot tliedow t r.va Ti' yon don't say my clothes
isn't cheaper than yon car,
n streck the woman ]U1., else\vlier<e 1 will jiive yen j
p:e~--i:i thfoii!.;:i her
1 ni u.a'i pieieing 1 ■ th hni}.' . At (
. i'iitils Sanitarium t"iiii;hl it
1.very j.,l.
iter
>• ■ n-'cssnry. . .
Thai t!:< I'e. son par
tictilar people prefer
our PrintiiiK-
THE HERALD
■ i!i; -
\ (l!:
NV I
iWi.
ill ll
cstiai"tcd|ii ARE VOL' ijljNOR;?!!
a suit. Call and see my new
line of samples.
Jno. \V. Ray,
Your Be:it Tailor.
mi;- a--! she init'ht l \e ihion.u'lt
t' i: i:i;;1.t but had > c'r.atice lo re-
cover •
Anothi r bullet stnii.'l; :id killed
J.W.'W'hal v forviaa.i «.-t' tiieeon- They are doinjf some nice
r^te Ra:i;; of tti-. i i.t- 1 'avin^fwork or, the streets this week
Oompaiij lie ha- •! ibis p. si;!amj wj!] conMnne to. do so llll-
11011 for aiKnit te. • i i!t:;s, audi -, r , I
,ame to l,,:ia, i(S,er. ! t>l ■'>" the streets are in first-
His wife is now virilism in Cedar 5laSS C0ndl^0"' 1 arc Z°'\
Hill, and he has a l;r.-tii,r and sh - ,nR' t0 Put 111 s^verape on all
, of die street-: where there are1
Xi 1,aic> 1 , • , , . .. • .1
r_. z, •; *ii. >1. -<ii tv |.
t 1 • , 1'
i liavc jusi ii.'ii yon wi.::', 1
in t!:e eat * ^ line—a;-' - I|
tiling the ii I a fJni . I|
Meafs 25< r.tw. ( i\e i:.e
a tria!. : : :
ilfcl*. t. Tl'C ..'—W-
Cold Drinks.
i haiule f)!' kinds o
''o!<1 tlrijiK's. Cro.'ini
evoi'y Saturday. :
B. ). BROCK.
L'. t " the eood
t.-r Hviag it. Oak C.if
was bull' a block dU'ant . niu the ""
shooting, at the till).', w;dkiun tc-jVU) l"1-'
ward lirvay siict-t. The bulleti
strtuk iiira in the ba<. of the head. Bring me yoijr cleaning and
I-Ie dropped to the pavement, his pressing. I will do \our work
brains ooxiu^; from the hole. An
hour later he died at the Baptist
Sanitarium,
After the fiirl ivas shyt she ran
as cheap and better than you
can get it chine.
Jno. YV. Ray,
Your Best Tailor.
*.—fcj.k.it/..
^itt ..i..-M«.arxsaw. -.g.ys\;-ry--
ys Your Drayman ?
W. E. WAI TERS " 1
Notary Put.'k
-- TcX£E,
Alto,
y
V/asifc to Ee"
W. C. S C i
ajklvx.:.: •szxarx.m
jk MIA ►C
vi aA-^aa^je rj ■ ^.agrrj ugiwi
) M, CRAVKII'.D, M. D.
Physician aud Surgeon.
Alto, Texas,
| Res. P
bono 3 t ( H! -ePhoi
;.e 2:
Will find n:y wagon about Guinn's Drugstore,
tiwiness PhonoNo. 27 Kesitiei.C i'h.ys.v No. <S{j
Perkins, Iniboriert &. Pcrkir.s j
I,AWYI'.1,'S L
Practice in All Courts
\\ . ^.1. I ;:.l i <'• % .. ]•«.
I- 15. i\., J
James i. 1 ciki>u;, Alto j
"
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H l Cri i
ND
You can't be
too careful
When you place an order for a
Fall Suit or Overcoat —
It's art easy matter
to get stung.
r)ONT t ke chuicet but come and i« ii,c
new lint we are thowina — you cio'l
frl a bad baigain because we do Dol uk ran
to lake the clothe* unlets you are lure Ihcy
are right. — Even then we aland bade of
t)ie<n with a flat fooled guarantee at to
wear and shape. We make codung good
Suits and Overcoats at $16, s18
$20, $26, $30 and up to $40.
The Fit la Certain.
WRONG jt
k
There is a right aud
wrong wav to do every-
thing. Our cleaning
and pressing is done the A
right way. Ii' you are
not a patron of our shop i
it is time for you to fall
inline. We absolutely A
guarantee satisfaction, fi
We do everything from V
cleaning and pressing
to making pants. Let i
us take your measure
for a pair of pants. Vf
They will be made light ^
in our shop; guaranteed V I
to fit and please you. '
We also clean hats.
Phone H2. Work call- $
ed for aud delivered. i !
X
lOR I
PAINTING & CAPERING !
SEK |
W i 11 i a ill A. IV R E I
No job too £rcr.t cr too
stnall.
A1J Wrk
(i uaranteed
URINDLKVS V\
. TAILOR SHOP . r"!
Succecd when everything else faib.
In nervoui prostration and female
weaknesses they are the supreme
remedy, ns thousands have testilied.
FOR KlDNEYtLIVER AND
STOMACH TROUBLE
it ia the bc*3t mcdicinc ever ooW
ov«r a druggist's counter.
mit
J
'WKKKmmmmBm
HMH
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Allen, E. E. The Alto Herald (Alto, Tex.), Vol. 12, No. 7, Ed. 1 Thursday, February 1, 1912, newspaper, February 1, 1912; (https://texashistory.unt.edu/ark:/67531/metapth214179/m1/2/: accessed April 27, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Stella Hill Memorial Library.