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The Lower Coast Gazete.
DEVOTED TO THE INTERESTS OF THE LOWER COAST: AGRICULTURE, HORTICULTURE, FISHERIES AND:COMMERCE. VOLUME I. POINTE-A-LA-HACHE, LA., SATURDAY, APRIL 2, 1909.NUMBER 17. He tlt l A yar D f Trm F 1 ui r ininecssar ' amnd rn ei inmi msURnu iaeWi LOUISIANA S'" STATE EVENTS board .1ay 14 the two A Report of Our State Happenings until and Especially Those Dealing vided 1 With Educational and Indus- operati trial Development. Bridge longer. Will Hold Fair This Year. in the Marksville.-The Avoyelles Parish ploy a Fair Association has decided to hold the pu their annual fair this fall. It was sessioi thought some time ago that the ven- instrui ture would not be a paying one on sciene account of the stringency of money Bridge matters in this parish, owing to (he visor almost total destruction of the cotton two b crop last year by the boll weevil, but ployed the management has decided that began with the general diversification ot for th crops, which is being observed now throughout the parish this year and wheth the elimination of the credit system, wheth the parish will be in as good a finan- elsewi cial condition this fall as in past of the years, excepting the last, and have schoo great confidence that the fair will with be a success. They have considered nine also that the fair will show to ad- garde vantage the different products that Boys' are being raised here to which, in a measure, the farmers had not given any attention heretofore, and wiL Shl stimulate even a greater interest than spect in the past along agricultural and Birm other lines, half impri Have Money For Two Miles. want Mansfield.-The committee on ways ment and means, appointed for the pur- went pose of promoting the good roads cru- for I sade, has changed the location of the victii first experiment in good road building, highs and the first two miles will be built Attoi on the road leading east from Mans- view field. While the idea has not been Glov fully developed, the proposition is un- thori der consideration to vote an issue ot son $30,000 in bonds for the Fourth Ward, his which now constitutes a road district. thizt The first two miles, which will be tion built at once, will be paid for by pri- con` vate subscription, and the money has is % been secured. When the cost of these felt two miles is known and the nature of Alal material available for road building saw is demonstrated, the bond proposition capi will be taken up, as it is realized that the people cannot wait on the slow process of executing an annual tax, bWtt that the money must be made Asc rvailable at once, if prompt results dc are to be obtained. Several capital- o hi. hayg agreed to. take the bonds C it they can be legally issed. gan tion Hqgrs Causs. Fatal Wreck. tion Morgua Oity.-Mike Ryan of New par Orleaua was, killed and Brakeman viol .John . Quinalan. of- Algiers severely in- pre j'ured when a Southern Pacific train def detailed a water car which was ahead ing t the, engine, near the stock pens ted In the dity limits. It appears a horse rna bahi been. tied to the tracks with a ceil " bal--4nch rope, and the car coming $4,' '"i contact with the animal was hat thrown from the tracks; stationed open this car were Brakeman Ryan San Qulnlan. Ryan's body was sent New Orleans. on the early train and . Qmalan was sent to the hospital.1 Mike Ryan is a brqther of Couneil- R Im Igd Ryan of Nrw Orleans, and abi popul/r among the railroad boys. S He was about 88 years of age. S 84hoo1 Term Is Protected. an htton Rouee.-The police Jury of qu I Rone haa colmte to the rescue of the schOols of the parlshb and sgo ned to appropriate $4,000 for next i y.: ar 7 .over the present budget, pro : riq4 M the 3 mills special school itax was nbt voted. The police jury was agdessed bhy the state superintend- OC L who ro ged the Jurors to not let Baton' ROuge take a backward step i tin the eyes of the state in its edu catiollhal work, which a reduction of the teachers' salaries or a cut in the d s - Oh01 term would mean. The action~ aof the jtuy is gratifying to the citl . ses:. of ..the parish, . Merchats Hold Meting. I '"Monroe.-IThe members of the SNorth Loutisaiana Jobbers' Association 1o composed of the jobbers of Mqnroe, 01 SRuston, Shreveport and Alex dria ' vlie.re the gieats of Monroe recently. 1 +:'The sMalolation meets quarterly, the o : .lest seslion having been held at Rusn i t. It has bees a year since the f \ lAspd.iitolon niet with the Monroe job- i S:: bets. The local people-arranged a i' : program that is one of the best ever otred for the entertainment of the as soc. a tatio n an my of the towns, .and i.- -kept 1 the visiltors busy every minute I ooltheir stay a lM roe. t Rlecelver 8ill Property. -. Logansport.--The property of the i ogansport Lamber Company, Limit- I - .4, hase been sold by R. J. Alexander, ·reeivet, to IL W. Caraway, for )11, i ,oni. 12 months' time. There were I o:a i /, two bidders at the sale, This ... ..nt wll net the creditors aboumt -gmats on the dollar. The property 1- : hrj t oCrwed for sale on March -0, S~i~itaileu t to bring tw~athiris of ap p roed vahiu and was readvertised 4v~ i i~ ~May Sorrow Money. Rouus.-4he state board of ats-ixsed intewtes rate tor headts. at S ir cent; alao aO 41, 6s e ih . goVernor to borrow ." : - -+, :- . 'o +mm~s tmo1 ,"]+t'l,.i.+ ~iri~ iIo!j~ +~.+ ,·-- ~ :.)i' Interesting School Movement. St. Martinvllle.-The parish school 2001 board at a regular session de cided to close the public school on FRENC May 14. It is rumcred, however, that the two high schools will remain open until May 28, as funds will be pro vided from an external source for the Troops operation of the schools at Breaux ax Bridge and St. Martinville two weeks longer. A novel departure was made in the decision of the board to em h ploy a supervisor of agriculture for gt. p d the public schools of the parish next from 'r, s session. This supervisor will also be tlousan 1- instructor in agriculture and kindred children n sciences in the high schools of Breaux trabal. ry Bridge and St. Martinville. A super e visor of singing and drawing for the ntl n two high schools will likely be em- ent la it ployed for next session. The beard tt began the work of selecting teachers inan tr ot for the next school session, the corps town a ,d now employed not having indicated refuge id whether they desired to return or panic ,p n, whether they had determined to teach The la n- elsewhere next session. The report st of the superintendent showed that 20 Co ye schools or grades had been supplied been re ill with libraries since January; that two A ad nine schools had flourishing school The a td- gardens, and that membership in the Rogers at Boys' Corn Club numbered 120. nected a - - cludint en is a Friend in Need. Thrt ii Shreveport.-R. J. Foster, car in- to Me an spector for the Southern Railway at perate ad Birmingham, has arrived here in be- have i half of A. G. Glover, alias Goddard, The imprisoned on local charges and Tehati wanted in Birmingham under indict- Consti Lys ment for manslaughter. Foster, who fulfills ur. went Glover's bond at Birmingham, ers w ru- for $300 while the manslaughter con- were the viction was being investigated in the Tchat ag, higher court, will confer with District and I lilt Attorney J. M. Foster here with a nople. ,ns view of persuading him not to allow ,en Glover's delivery to the Alabama au- MOh un- thorities. The visitor says the rea ot son he signed the bond was because ird, his wife, a charity worker, sympa- Bury ict. thized with Glover and her investiga be tion convinced him that Glover was Me pri- convicted on unfair evidence. roster porta has is willing to let the bond go by for- ans 1 ese feit if he can keep Glover away from June of Alabama. Glover a few nights ago the ing skwed out of jail here, but was re ion captured. orga that ble t 'low . Want Game Well Protected. itt taxiit, tad, Donaldsville.-The police jury of Ti ults Ascension parish met here at the made ita court house in regular session. A aIds cpmmunication was received from the order board of commissioners of birds, retai game and fish requesting the adop- prise tion of an ordinance for the projec- der tion of shipping game out of the shell New parish and providing a penalty for the sl man violation of the same. Owing to the Mor in- press of other matters action was The `rain deferred on it until the next meet- the head ing. The finance committee submit- 0: pens ted a report for the monthd of 'Feb- aliv iorse ruary and March, showing total re- selv th a ceipts of $4,795.01, disbursements of gett ning $4,740.90, leaving a cash balance on wele was hand April 1, 1909, of $54.11. a n oned dew Ryan School Entertainment Successful. Mol Roseland.-The entertainment giv .en by the third, fourth, fifth, sixth, seventh and eighth grades of the and Roseland school was greeted with an Cm overflowing house of interested peo boys. ple. 'hedifficult drills by the young girls and boys were enjoyed by all. I The.fan drill, rose drill hayseed drill Wi all showed careful training, which re- Chi y of quired much tedious work on the part at se51e t the teachers. Wi - and for pro Dog Tags Are Stolen. fr i ta Baton Rouge.-Stealing dog tags th w and reselling them to owners is the coi itend- occupation of a gang of thieves which in ot let the police here are now trying to tu step break up. They are in a good posi- on I ed- tion to catch some of the persons en- t on of pge4 In this business, and if they lie in the do, a lesson will be made of the firstl tion convicted. The license tags cost $1 SCiti- for male dogs and $2 for females. 2 New City Hall Cornerstone Laid. Alexandria.-The cornerstpone, of the the new city hall has been laid with elab iation orate ceremonies. Hon. L.' E. Thomas a, of Shreveport, the most worshipful to a, grand master of the Masons of Louis- th ently. iana, officiated. There were many 2( y, the of the Masonic grand lodge officers E it Rus- in attendance. The contract price e the for the erection of the new city hall f e job- is $52,790. iged a in it ever Entertainment is 8uccessful. of the New Iberia.-The Ladies' Temple s, and Aid of the Congregation Gates of i minute Prayer have given a successful en- ' tertainment at the Elks' opera house o for' the.benefit of the synagogue fund. of the Mandeville.-At a meeting of the imit- town council an appropriation of $75 t zanier, was made towards the fund being 5 r $13, raised by the Cooperative League to I e were keep the public school going a few ' ThIs weeks longer. I iabout roperty inceondlary Fire Loss. rch 20, New Orleans.-An apparently in of ap cendiary fire destroyed the Coliseum | rertised skating rink here, causing a loss of I $400oo0o. I sad of Arclals.-The Progressive League rate for Band has received their new ugi ilo an forats. This band s only one year n DIA t.bit p the rogres i they rhave .' .. aiie the past they, -bid fair to ao h ime of the best bands in this, S j~rethe stae. At their orrantsau a bought $1,500 worth aft i *~i"I;I `t:·tiF , o them being t very 4IeI Thqo ha-relugtii rc~jicre4 ~p* ia~i~t~-t:r~o at. c lo o $300,~ Cq~a~n#~ bn 2,000 PERSIANS KILLED FRENCH WARSHIPS HURRY TO MERSINA. Troops Halt Near Constantinople and Await Fulfillment of Their Demands. St. Petersburg.-Advices to the Russ from 'e'teran report a nmlaacre of two tlousand Persians, including women and children, by Turcomnan tribesmen at As trabad. The city of Astrabad in Persia re cently w\as captured by revolutionists, who later were routed by the Turco man tribesnmen. The inhabitants of the town and the surrounding villages took refuge in the Russian consulate, but a r panic prevailed and a massacre is feared. n The population of the city is 2o,000. p Constantinople. - Confirmation has d been received here of the killing of the ,t two American missionaries at Adana. d The murdered missionaries were MIr. e Rogers and Mr. Maurer. The others con nected with the missions are safe, in- WOI eluding Mr. Christie, who is at Tarsus. Three French warships are hurrying Neg to Mersina, where the situation is des it perate. Foreigners and many Christians have taken refuge in the consulates. Al d, The army, which is concentrating at satih id Tchatalje, has promised not to enter nual t- Constantinople, but to await there the sout mo fulfillment of its demands. The report- was n, ers who accompanied the deputation plisi n- were imprisoned on their arrival at tern Te Tchatalje, but later they were released mee at and permitted to return to Constanti- so 1 a nople. lara 1W peri MONUMENT TO IMMORTAL 600 ma- wer se an': )a- Survivors Will Be in Memphis for fere a- Confederate Reunion. goo 's Memphis, Tenn.-One of the most im- hai ter portant societies of Confederate Veter- to or- ans to be in Memphis for the reunion, len m June 8, 9, 10, will be the survivors of son Igo the "immortal 600." Arrangements have en been made for a headquarters for this sio organization and it is more than proba- fro ble they will carry some distinction with so, it. vel of The Society of the Immortal 600 is the made up from the 600 Confederate offi- Li A cers, prisoners of war, who were by the the order of Edwin M. Stanton, Feder~al see ds, retary of war, taken from the military P fop- prison at Fort Delaware and placed un ec- der the fire of the Confederate batteries the shelling the United States troops on cu the Morris Island, S. C., in August, 1864. fo was These men were kept under the fire of of ect- the Confederate guns for forty-two days. FE nit- Of this 600 probably but twenty are in reb- alive today. They had formed them re- selves into a society for the purpose of G, of getting separate quarters at reunions as a on well as to raise money enough to build tl a monument to the members living and vi dead. This memorial will be built on G I. Morris Island. 01 giv- tl Xth, BISHOP WILSON VERY SICK t the - S aught Cold in Canada, and His0 )eo- Condition Is Critical. all. Baltimpre, Md.-Bishop Alpheus W. drill Wilson of the Methodist EpiscopalI Sre- Church, South, is in a serious conditan part at his home, 1601 Park place. Bishop Wilson has been confined to his home for the past two weeks since his return from Toronto, Canada, where he went at tags the conclusion of.the Southern Methodist Sthe conference, recently held there. He was hich indisposed at that time and had to re g 'to turn home after being at the session I posi- only one or two days. Everything knowi 4 1 en- to medical science is being done to re. I they lieve him of the excruciating pains with first which he constantly suffers. it $1 les 20,000' COME IN TWO DAYS if the This Is the Immigration Record at lab- New York. Lmas New York.-Unprecedented in the his" ipul tory of this port is the immigration rush ouls- that is now on. In two days this week many 20,000 prospective citizens landed on mcers Ellis Island. .price The great rush is attributed to the Shall fact that the people of Europe have re covered from the scare they had follow ing the financial depression a little more mple than a year ago, when there was such a is of rush from here for the othej side. The i en* new citizens arriving come fr m all parts house of Europe. S Gift to Fatherless Girls. Sthe Philadelphia, Pa.-Under the will of o the late Charles E. Ellis, the millionaire being street railway magnate of this city, who we to killed himself acc4dentally with a revol Sfew ver on April 6, more than $2,500,000 is given for the establishment of a home for fatherless girls. The will.was pro bated, and after providing for the widow ly in- and his married daughter and for his lseum household servants, Mr. Ellis direeted Loss of that the residue of the estate be used for the organisation of a home for girls. Diklason Off to.Pa m s. esgue Washlngton.-Secretary of War Dieck S u inon and hi party who are to aecom S puny him to'Panama left here Sunday ' hrV on their way to Charleston, 8. C., where Sll othey will embark on the president's In tbi yaeht, Mayflower, forth4 iadhmus. The e a p.arty Ywill .spend the day at ¥ortress Tiesday morning, where the intervening M 130 timae before the departirre of the ship wl~ be dsirvotm ,etio s~igiiitseetg The se NtarI e.peat t~ptigek"t W bIi - Os~k .tLBbipfAY~iE~~ THE WORLD IS MINE, NEARLY. n SE ..- .., %I;n '* ~6t icwurc~~~ mq~r~e WOMAN'S WORK DISCUSSED. WHEP Negro Was Also Considerd by the ortu Atlanta Conference. Atlanta, (a.--With mixed feelings of Cslh a satisfaction and regret the twelfth an- pit of s nual conference for education in the pit of south closed Friday. The satisfaction hiheat was at the immense amount accom- 4 3-i c plished during the scholastic year just small terminated. The regret was that the the dal meeting, so pleasant and effective, was so brief. Every member united in a dec- James laration that never had the niembers ex perienced as satisfactory a meeting. ing ;1i The early sessions of the closing day of wh1 were devoted largely to women and wom- he che an's work is the problem that the con ference is endeavoring to interest all good citizens in solving. Women who gray have devoted their lives to teaching or It i to the study of those economic prob- fnal , lems which every community has to solve paren f some time or other gave to the confer- chases e ence members the benefit of their conclu- er wit 5 sions. The negro was considered, too, lost 1 - from the standpoint of the educator, and their h some attention was paid to economic de- over velopments in connection with education. fore 1 LABOR LEADERS SEE TAFT mal ie _ UNII Y President Promised to Do What He - Could to Help Their Cause. All s Washington.-- President Taft die fn cussed thl problems of the working man At' 4. for two hours Friday with the members up a of of the executive council of the American embr 's. Federation of Labor, which is in session at a re in this iity. manm n- The labor leaders, headed by Samuel in t of Gompers, president of the Federation, here. as ealled at the White House to present to the ild the president a number of matters of ward nd vital interest to organized labor. Mr. shall on Gompers declared that the president not to b, only gave the spokesmen of the party all Pres the time they desired to lay their mat- sity ters before him, but joined himself in «N the discussion from time to time to bring tecth Iii out fuller information on the various sub- educ jects as they were reached. « W. ther pal PREFERS DEATH TO DIVORCE now n mor top Rather Than Appear in Court, Grace CaldwellU ills Belf. E at Indianapolis, Ind,-When. the name of list Grace Caldwell, defendant in the suit for was divorce against her by Lester Caldwell, re. was called in the circuit court Friday lion she did not answer, and during a confer- 1 ,w; ence of her attorneys and the judge a a b re. messenger rushed in and said that rather pee rith than appear Mrs. Caldwell had killed her- 1ei self. She had drunk carbolic acid. A bili physician who hurried to her homr pre- Wt yS vented her immediate death, and the sas judge has postponed hearing of the di- all vorce case until her recovery. Members as at of Mrs. Caldwell's family have informed the police that when the date of the trial in his- was set she attempted to choke her baby buy rush to death and to kjll herself, and that she cer reek has insisted she never would face the by on court. of t FIVE ARE DEAD; SIX DYING a low- Block of Frame Buildings Destroyed ha nore and Many Homeless. ag ch San Francisco.-Five men burned to ftc The death, a sixth dying from his injuries, ce arts five others seriously injured, is the toll gi' in human lives and suffering collected by a fire that condsumed the St. George Ho-e a tel Friday. le aeAll day long firemen dug for the bodies bl who of a dozen men thought to have been revol- killed and buried under the debris. 00 is A square block of frame buildings and a home shacks that stood around the tinder box T ro that housed 260 sleepers when the fire al iow broke out are in ruins, and aside from , r his lodgers in the hotel more than a scoreo01 e ted of persons are homeless. a ue The property loss is estimated at about fi girls. $75,000. _ _ CROSS-EYED EXCUSE FAILED. Dick. Louisville, Ky.-o-v. Willson has re~. I eom- fused a pardon to George Kellum, who sIday shot and' killed Will Reed, and who where claimed,because uf the fact that he is I dent's ereoeyed, he is unable to distinguish a he mail more than a. few feet away, and tress was reallysbooting at another man, who on had struck .him over the head, when reiiReed was accidentally' killed. Gov. Will m6ipo held that a man whor ls so eros p . eyed as to be .unhbl to distinguish at b h i s shooting ibfid net shoot at *11 :·-.f WHEAT PIT HIT BY WHIRLWIND war, says Fortunes Shift Like Sand-King Pat- "M ten Again Feature of Flurry. plates Chicago.-lt was a day of tumult and pract sharply shifting fortunes in the wheat ness pit of the board of trade Thursday. July to w i wheat following a docile advance to a man high level, suddenly dropped an extreme recte 4 3-8 cents. The "pyramid" fortunes of creat small speculators vanished in a trice and syste the day was saved from rout only by the annu vigorous exertions of the bull leader, fcinm James A. Patten. press Within the last fifteen minutes of trad- hami ing Mr Patten bought 3,000,000 bushels reigi of wheat for July delivery. The while ing he chewed the stub of a cigar and ran his sums fingers reflectively over the unshaven the gray stubble which there has been no need time for him to remove from his face. It w:as Patten against the field and the `` final gong showed that the former ap- achi parently as mighty as ever. His pur- Visi chases and those of his followers, togeth- eve er with the profit-taking of shorts, who toe lost no time in securing the fruits of tory their bearish daring, caused a reaction of effe' over a cent all along the line. But be- of fore this occurred the heard of many a and small speculator had gone. ban UNIFORMITY IN. EDUCATION. if t bus All Staies Urged to Adopt System po That Is Uniform. sell Atlanta, Ga.-A movement to build e up an educational scheme which shall sou a embrace the entire South was launched. ple a at a prolonged session of the campaign I1 managers of the conference for education el in the South, now in annual session tha a, here. It was proposed that all States of e A the South be induced to take action to- ad f ward a strong educational system which wh r. shall be as uniform as possible. The idea ral At to be worked out was thus expressed by I11 President P. P. Claxton, of the Univer- wi t- sity of Tennessee: Is in "We should have," he said, "an archi- ret rg tectural plan built up from all styles of b education now in. vogue in the South. su "We have been strengthening here and fin there for years with good results, unti av E now it is time to construct a system ab more or less permanent for develop ment." pr -e o SEVEN CENTS BREAD LIKELY gi olr Ghetto Already Facing Bread at Six Cents a Loaf. er- New York.--With flour up forty cents a a barrel in the local market and the pros- th her pects apparently good for a further rise, s( icr- New York City is now facing the possi- d A bility of bread at seven cents a loaf. B )re- What will appear to hundreds of thou the sands of the poor like famine prices for w di- all family larders bids fair to be forcec sre as the result of the recent rise in wheat 8 ned The Ghletto of New York has already e rial in some degree felt the effect of thte. ' aby buoyancy of the Chicago wheat pit. Six she cents a loaf is the price now charged P the by some bakeries, while the proprietors of hundreds of others declare that they cannot continue selling at five centsi G much longer, with bread and flour of the i better grades costing from $7 to $7.20 a ed barrel, against $6.60 to $6.80,a few days ago. They add, moreover, that with to flour permanently up to the rates re ries, cently quoted, even six cents would not I toll give them any sort of profit. by Seven-cent bread, either through an out Ho- and out advance in price or an equiva lent shrinkage in the loaf, seems inevita dies ble. been Feud Battle Fought Out. Whitesburg, Ky.-In a quarrel near and lindman, between members of the Hays box Thacker feud factions, Alex Thacker was fire shot and fatally injured and another man rom seriously wounded. Thomas Hays and core other members of that faction have been arrested, while members of the Thacker boat faction are resisting. Further trouble is feared. SPOTATOES GOING UP. a e New Orleans Suffers From Fast Rising Prices. who New Orleans.-While the jump in the he is price of flour and the resultant cutting ih a down is size of the loaves of bakers' and bread has been about the same in New who Orleans as everywhere else in the coun when try, the principal worry housekeepers Will- have been subjected to has been the rise ros in potatoes. Several weeks ago Irish po ala tatoes were selling in New? Orleans at h at $250 a barrel. The price has been grad. o u ally crawling upward until Thursday they were quoted, at $4.50 a barrel .~~~ ~ .,.- .' ' . MAKE CROP STABLE Eo s like evt keted of GIGANTIC PLAN TO BENEFIT facturer COTTON GROWERS. put in a "The -- business By Means of Bonded Warehouses in and eve Which Cotton Will Be Stored south, 1 It Is Asserted Market Can unnece! Be Regulated. "Non farmer "When the farmers of the south and illustra the business men of the south say the wareho word, funds will be immediately avail- lutely able in sufficient volume to forever mercia place the great industry of cotton pro- or an i duction upon a stable foundation, free from the chance fluctuations of the market, relieved of the attack of ma- cotton. nipulators and leaving the gigantic crop monopoly of this section to re spond, unembarrassed and unrestrict- lions ed, to the legitimate laws of supply holder and demand. The result should mean to the south an annual actual cash United saving ranging from $150,000,000 to "It $250,000,000." class In these plain terms Daniel J. Sul- "Wi ly, the man who drove cotton to its suppo1 - highest market price since the civil whate o war, outlined the purpose of his visit his bi to Atlanta and the southern states, debtec says the Atlanta Constitution. wareh t" "My plan," he continued, "contem- be ma plates nothing less than an eminently with i ad practical materializing, by sane busi- world at ness methods partaking of conserva tive business investment, of the end "In a to which the farmer and the business not si man of the south have for years di- It is i rected their efforts; and that is, the with of creation of an impregnable business the c system which shall do away with the collat the annual necessity of the farmer sacri- upon der, ficing millions of bales of cotton for when pressing debt, congesting the market, "TI ad- hammering down prices, upsetting the guar els reign of supply and demand, and los- know ile ing to this section the tremendous mon his sums that are its due in return for upon ven the one crop indispensable to the "T no needs of civilization. on h Simple Business and Finance. with the "No thinking southern man for a auto: moment questions the desirability of his p achieving this result. It has been the marl t vision of every southern business man, "C every farmers' organization in the his-ron ho tory of the south. The sole obstacle wou of to putting that vision into practical an of effect heretofore has been the lack Eurn beof the immense financial resources in ti a and the machinery essential to the coul handling of so vast a project. witt "That obstacle will now be removed, tect ON. if the farmers of the south and the business men of the south are ready to lend their earnest co-operation to u plans making obviously for their own fin self-interest. a build "I do not ask one penny from the shall southern people, I do not ask the plie iched. pledging of one bale of cotton, until tal )aign I have given ample good faith of suffi- sid ction cent financial backing, from sources cha ssion that are unquestionable, to carty disi es of every detail of the plan into effect ven and to safeguard the interest of every farmer in the south, from the man hat icd who raises one bale to the man who ant dea raises a thousand bales. cer d by "This understanding, which I am par iver- willing to make good to all comers, psi is the foundation upon which the boi rchi- rest of the plan is builded. es of "A minimum fund of $10,000,000, cot Ssubscribed by the most conservative ow e and financiers of the United States, is ha unti available to be invested in such iron- co clad securities as shall insure the tl e ability and the responsibility of the plan's promoters to redeem their ipi promises and obligations to the last detail. ELY "The people of the south will be CO given the first opportunity to invest k It Bix in this project, if, upon rigid investi- nO gation, it commends itself to their judgment. ents "But it will become operative, with pr Spros- the same rock-ribbed backing, if the hc r rise, south does not see fit to put a single cc pse1- dollar into it." e loaf. Bonded Warehouses and Certificates. ti thou- "What are the details of the plan?" cc es for was asked Mr. Sully. is forcea "Simply the materializing," he an- in heat swered, "of the plan your own Farm- ti Sers' union has been and is striving to Iready put intoactual operation, but in which bi Sthethey have been impeded for lack of ri it. Six the tremendous ready resources indis- n arged pensable to its execution. ,rietor "The backbone of the plan is an t they chain of bonded warehouses through cents out the south sufficient in number a of the and capacity to house one-third of the a $7.20 a crop, and that one-third, as has been t Sdays demonstrated, will be the balance of Y .t with power which will render market con tes re- gestion impossible and iinsure the dis- I ld not posal of the crop in strict conformity I with the laws of supply and demand. Farmer Will Own His Cotton. I an out "No farmer will sacrifice or sur quiva- render the title of his cotton under I nevita- this plan. "Say that he produces one bale of cotton. Under present conditions, the vast majority of southern planters 1 e near have already heavily mortgaged that bay- ale to secure the funds for its pro er was luction. er man ''His creditors press upon him for ys and settlement. In only exceptional in ve been stances is he able to withstand the hacker pressure. As an overwhelming rule, oble is he is forced to sell his cotton the mo ment it leaves the ginnery. "'The same situation prevailing in every southern state, It follows that It Rising the bulk of the crop, instead of fol lowing natural business laws and be Sin the ing marketed over the legitimate Scutting perlod of barter and sale and con bakers' sumption, is dumped upon the market in Ne in big lots. e coun "The inevitable result is that the ekp market price sags, congestion ensues keepers and the individual who cannot afford the ri to hold off his creditors sells his cot rish p ton at a loss. leana at Unbusinesslike and Unnecessary. Tu grda "This procedure is unbusinesslike, unnecessary and ruinously expensive to southern industry.- The cotton crop, like every other crop, should be mar. keted only as it is needed. No manu. facturer would think of selling his out. put in a short two or three months. "The farmer should be on an equal business plane with the manufacturer and every other producer. Until he is, he will lose himself and lose to the south, hundreds of millions of dollars unnecessarily each year. "Now go back to the individual farmer we were using for purposes of illustration. He deposits his bale in a warehouse that is bonded and abso. lutely as responsible to the comn mercial world as is a surety company or an insurance corporation. "He accepts for this bale a certifl' cate certifying to his ownership of the cotton. . "The backing of a reserve of mil. lions of dollars, and of all the stock. holders, is back of that certificate. "It will be as full protected as United States currency. "It represents the highest possible class of collateral for loans. "With the security thus outlined 1 supporting it, he will have no trouble 1 whatever in borrowing enough from t his banker to meet his pressing in debtedness, holding his cotton in the warehouse until such time as it can be marketed at a price commensurate y with its ultimate value to the business i- world. - Farmer Owns the Equity. d "In borrowing this money, he does s not surrender the equity in his cotton. i- It is his, to sell whenever he pleases, .e with the plain business exception that Is the certificate he may have used as Le collateral for the loan is a prior lien upon the bale which must be satisfied )r when that culmination is reached. "Thus the banker, or loaner, is safe 'e guarded equally with the farmer. I 's know of many banks and lenders of is money putting out large sums to-day or upon less reliable security. ie "The amount the farmer can borrow on his certificate will, of course, vary with localities. It will be determined a automatically by the amount of cotton of his certificate represents and ruling he market conditions. Ln, "Certificates underwritten in the is- iron-clad manner I have described wle would eagerly be accepted by the -" Snanciers both in this country and In Europe, and by mill operators both :es in this country and in Europe. They :he could be subjected to rediscounting without affecting their value to or pro ed, tection of the original holder." tdy Where Profit Comes In. I to "Where does the profit of the men , n financing this plan come In?" was asked Mr. Sully. the "The company thus formed," he re. the plied, "whether wholly of outside capi. ntil tal or whether divided between out.. g. side and southern capital, would dis ces charge the function, and be paid for rty discharging the function, of the inter. rect vention in any large or small business. 'ery "It would be paid a nominal fee for nan handling each bale in the warehouse who and for insuring the validity of the certificate, just as the bonding corn. am panies in every business avenue are era, paid a premium for issuing or insuring the bonds and securities. "The company would not own the 000cotton. The warehouses would pnot tive own the cotton. The farmer would is have his equity in it, subject, ot ron' course, to the prior lien of his cey the tlficate, until the cotton was sold. the "There would be no chance for man. :heir ipulation and no desire for manipulf* last 'non on part of the guaranteeing con cern. The books and the quantity of 1 be cotton on hand would be open and ivest known to the world. There would be resti- no secrecy, no mystery. their Warehouses Must Be Erected. "It will be essential, of course, to with provide sufficient warehouses for the Sthe housing of this tremendous quantity t ingle cotton. Already the south 6wns almost enough of them. It will be compara ates. tively inexpensive to erect enough to lan?" completethequota. Thesurplus remalin ing will go into the guarantee fund, s an- making absolutely secure these cerF arm- tificates. ng to "The transformation would work which benefit to the southern warehouses al ek of ready in operation. It would throw indis- more business their way at the same rates, and create absolutely new busit is a ness. ough- "Crudely estimated, the cotton crop, mber as 'marketed' in the present haphaz f the ard fashion, brings into the south be been tween $550,000,000 and $600,000,000 a ce of year. t con- "Is it worth while to the south to ie dis- increase this sum by $150,000,000 to rmity $250,000,000? mand. "That is what the plan contem pn, plates, and it is simply a question of r sur- arithmetic, as you can see with a pa under per and pencil in one minute. "The price such additional wealth ale of would cost would be but a nominal is, the fraction of the gain. The profit of anters the project for good and all. It is only d that one year, would several times finance s pro amazing that the thing, considering its purely business aspects, has not Im for been done long ago. 1al in- "Turning loose this tremendous sum Id the into the south annually would not only ; rule, give lew meaning and developmentto he mo agriculture in the south; it would also be reflected in every channel of trade ing in and commerce, from the crossroads rs that merchant to the corporations in the of tol- cities, manufacturing plants of ever7 nd be description, bankers and every characs itimate ter of commercial and industrial e- id con- terprise." market Same Girl. lat the "Why, I remember your wife per ensues fectly-the daintiest, prettiest little Safford thing, so aesthetic and all that! And his cot- I hear she's turned out a fine cook!" "Turned out a fine cook! You bet ssary. she has. Why, she has turned out at iesslike, least ten in the last four months!"