The Valdosta times. (Valdosta, Ga.) 1874-194?, March 11, 1905, Image 2

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ijtfES, SAT1 THE VALDOSTA TIDIES, SATURDAY, MARCH II, 1905. WR. HILLYERS ADDRESS DELIVERED BEFORE NEW LEAN8 MEETING Of Cotton Planter#—Reduce Your Cot ton Acreage—Mr. Hillyer 8ay* It Is the Part of Patriotism for Southern Farmer to Meet the Issue Face to Face by Producing Less Cotton. 19 4 Tbe addrehs of Mr. L. P. Hillyer, cashier of the American National Hank of Macon, Ga., on the "Southern Bank era Financing the South’s Cotton Crop." delivered before the Southern Interstate Cotton Association at New Orleans; Mr. President, and Gentlemen ol the Southern Interstate Cotton Con ventlon: When 1 behold the • arnest and intelligent faces of thla convention the faces of men who have come from every portion of tbe South, 1 think 1 can truthfully say that the forelock ot opportunity was never grasped at a more auspicious time than now, nor have conditions ever been so ripe for the grnppiing together with hooks of steel, the farmer and th# banker! Do algning politicians have attempted array them against each other; but 1 say to you that the hanker, b£ his capital great or small, is wholly dependent upon the farmer for his tenure of content. Each is depen dent upon the other, hut the farmer can live without the hanker, while tbe banker cannot exist without the farm •r. While the farmer can flourish to a certain degree without tbe assist ance of capital, he can never hope to achieve the Arcadian dream of com fort and content without tbe aid of that commerce whose myriad wheels are kept eternally revolving by the aid of the almighty dollar! And for the banker to Increase hla surplus, ena bling him to render more efficient ser vice to those around him. the farmer must adopt sound principles of business and must learn that the price of every commodity is regulated by (he immu table law of supply and demand. The farmers' mistakes are reflected in the published statements of the banker Raise this year another bumper crop and you can no more withstand tbe calamity or 4 cents cotton than could the Russian Stoeasel. withstand the Jovt-like bolts of thp terrible Jap. ’Bankers and bonded warehouses are powerful allies, and both should work in harmony with the Tanner. But fcrest as they are, they cannot control the price of any commodity—no, not even with the aid of every Legislature of every Bute, nor with the united effort of all deliberative bodies, may resolve and deliberate, and delib erate and resolve, jnit when it la dis covered that the rUpply foT’cotton greater than the dfanhd of ccjtton, thj prlMwlljsurelvUU. must be done hv lb warehouses are properly conducted, and your cotton properly classified, tbe banks of America will clamor for your notes. No better collateral, when properly handled, exists In tbe world today than cotton. From tbe Occident to the Orient it is the recog nixed king of commodities. We ol the South, like a sleeping giant, arc unconscious of our strength. Mr. S. M. Inman, one of the world's great cotton merchants and a director In »b* Kouth’s greatest railway, In a re cent letter to Hon. Dudley M. Hughes, the president of the Georgia Agricul tural Society, wrote as loilows: "Lim ited by climatic conditions to our part of the Union, the cotton grower* of America have the most perfect agri cultural monopoly In the world. For nd the difficulties la m analog tbs cotton crop will bo In crafted or dimin ished In proportfDh to ta# conserve* tlsm displayed by the grojwers of ootr ton. Notwithstanding tbe repjuterf demor alization of labor and the boll fcee- ▼11. you have made the cifeat^st crop of cotton over recorded " Many ol yoa are grappling with tfc* ’•bear" fo* supremacy and Ignoring lt« law ol "supply and demand." Tale care that tha bear dots not bug you* hard, my judgment, he bag all* onderhold and la aJmoat certain to crisb. you un less you try that Jiu Jltsu lock, "re ductlon In acreage." The tyme for ths adjournment of your convention la near at hand. To leave this city and return to your homes without any har forty years foreign lands have, by [ Teg t aave a deluge of words will governmental influence and money and; alomst criminal. Put your varloue by private capital and enterprise, tried! committees to work at once, let your to build up cotton growing in competl- organization be aa thprough as politi tion with the South, but the aggregate CftI Tammany—reduce your acreage foreign crops increased very little, and j ** least thirty-three per cost., snd set to supply the ever-increasing demand R that •▼•ry man In yqnr comma about .‘500,000 baJes a year for an: °Ry w ho plants cotton 14\ with you erage increase in the world's con- heart and soul. Hold up to ridicule mption, the world must depend on *everlasting scorn ths farmer who r country. This year’s cotton crop, I Increases his acreage because of youi Including the seed, wold for $650,000,-j reao,utlon to decresse yours. Such s Resides furnishing tbe mills j man an ensmy of ths South and do serves the oontempt of bit countrymen. Publish him as a traitor to your causa, and no merchant, warohouleman oi banker who lovsa honor an<r rsspsete virtue will advance him a oopper cent. To reduce your aoresge In a time like this is the part of patriotism. It It as much your duty to face the prob- leave $160,000,000 to the good. | lema °* P eftC « as It Is In time of wai is the greatest corn growing *° **°* the cannon’s mouth. Go ye throughout the South with all they Used, we exported enough to bring $350,000,000 gold to this country. This is one-fourth as much gold as Cali fornia hiH produced since the discov ery of the precious metal there; $650,- 000,000 was enough to buy every bush el of wheat raised In the United States and 10 DAYS HARD BATTLE RU88IAN8 AND JAPANESE STILL IN A DEATH GRAPPLE. Slate la the world, yet this year, af ter mowing her corn and wheat crop, Georgia aold her cotton crop for 880,- 000.000. enough to pay caah for arary bushel of corn grown In Iowa. Now, If Georgia, with har 81,000 ■quare mllei, did thla, what In the name of heaven, with over Ml,000 •quart mllea, did grand old Texes do?" Mr. Inman cloaea hla letter with theia hopeful worda: “It should en- Into the hedges and hywaya and preach "reduction of aoraaga.” If you would tare tha 8outh from disaster. Pro pall upon tha landlords to curtail their tenant’s oropa. Da not delude your ■elves with tha Idea that hacauia th« bank, era able to oarry you, you hav. won the fight. For If the hanks should carry every bale of cotton In the 6outh until next Christmas, misfortune would surely await you ahould another largt orop bo made. Aa tha aavlag ot tin . five, tan, ir fifteen l one fact remains, and I* financing of the. crop must be done by the Southern banker. Bo muat pay tha cheeks of the cotton buyer, and make advances to the ware housemen, and If, perchance, the do mand upon his exhausts hla reserve, he must look for assistance to tho|e faithful bankers on the northern side of Dixie. This assistance has always been needed and has always been free- -1y extended. It gives me great pleas- ure to state, however, that the bank- ora of the South are growing stronger with the years. If the policy advo cated by the Daily Telegraph, of Ma con. Ga., Is adopted by tbe farmers ol the South, the Southern banka wii •eon be able to finance tke crop with out the aid of tha money oentera across the line. That policy Is to make cot ton a surplus crop—"Less cotton and more prbrlslous—on those tw8> haul all the law and tbe profits." If yout association will thoroughly organist with every cotton fanner In does touch with soma actlva sub-offlear ol ’ the association, tha ootton aoreago can ha regulated and thn product of tha crop from seed tins to bnrvaat can be approslmately known by your pres ident here, long before Wall street or Liverpool have corned their gueasing. If the efilclency of your organisation for giving reliable information is doubted by the buyers of cotton, then w ill the bonded warehouses work won- dors for your salvation. It is not within my province to dis- cuss the plan by which these bonded warehouses should be conducted take It for granted that there are those among you sufficiently alive to your needs, and possessing the requt •Its ability and oonservatisni to organ, lie, capitalise and equip them proper ly. It might not be amiss, however, to suggest tbst the hondod ware houses be made of brick with Areproel compartments,' and with automatic sprinklers of the latest design, so that the rate of Insurance may be redwood to tbe lowest figure. I would alst ■uggaat that tbe "receipts" be ea graved on steel and printed on ths belt bond piper with the latest safety device to prevent oounterfeltlng and the raising of amounts. They should also be uniform in .style, size and eol or, so that the "receipts ' used in Tex as would be instantly recognized lr North Carolina With such negotia ble receipts as these, and with tbt Southern bunkers' confidence In thi Integrity ami reliability of your estt mates, you may count with absolute certainty upon the Southern bankers aid. Not only the Southern banket will he eager to help you, but If yeui courage us to feel that baek of us we South depends upon you In this nib have thla Imperial money-producing ] Important crlsia, let ysnr insplraUos crop. A perpertual Inheritance hedged: U fighting for g reduction ot aoreagi about by climatic conditions and pro- he tke sentiment expressed bp the el* ' quant Hill, that "Ha who sovaa hit oountry, saves all things, snd all things saved, do Mass him. He whs 1st! his country die, lets all thing! file—diet himself Ignobly, and all things dying, curse him." tected from the world's competition which threatens ths other crops. Onoe free from debt, let us stay out of debt snd control our own produot and we will see no more 6 or 6-cent cotton crops. W eare getting out of debt; we are doing better farming, more manufacturing and tearing better how to market our crops. We are manu facturing 2,004,000 bales of cotton a year, adding yearly 1100,000,000 to the value of the raw cotton. Ths future Is bright with promises if we are but true to the high character, the Indom; liable energy and- great aoula of the fathera and mother* who, coming’out ot the most ^esolating war ot modem history, fovhd the country a desert, and brought It to Its present position of greatness and prosperity!” Greet as our strides In commerce and wealth .have been, our atates are aa pigmies compared with ths other States of this Union. The Individual deposits In national and other corpo rations, banka and trust companies and In private banks ot the Unite,; States, according to th* statistics com piled -In tbs office of th* Comptrolle. of Currency at Washington, and just made publle, amounted, on June 10, 1904, to 99,981,859,380. Of this be wildering amount, only Cti per cent was In Southern banks. Are you wlnyoii.gpt.gmGnn oln content with these oondltlens? Ii you are not, arouse yourselves, for you hold the key to the treasures of the South! It has been stated that more than 100,000 articles are now In use among th* people, serving their com fort and happiness, that wore absolute ly unknown to our greet grandfathers, la a vast number of thess articles, oot ton Is an important factor. New uses for It are concantly being found tad ^sw markets for It are springing jp Regarding Prof. Llpp’s Formula. Announcement to th* publlo by Slate Chemist MoCandlas* regarding “Prof." Llpp’s formula; It haa been reported to mo tbit pap ties who are selling to tho pnl light to manufaoture a mula compounded by “Prof.’ Xdpps, have stated that I sad, formula, and also that I hav* it, and that It ]>u.o, Irtl'Ml smphatto ■ that I hav* not analysed this and that, kcsordlng to th* t, th* formula Itsalf, It Is Impoi It to run 10-4-4, and that Ita Uon Is mors nearly 1-1-1. more, that If tha reports wfcloh oelved are true, th* parties sslllag! formula ar* attempting to swindle deceive tho agricultural publlo. I do not approve of th* formnl Is not sclsntldlo, snd I am ready to nlsh a better formula free of all to any who are Interested In th* msb Ing of compost, and who will apply tl the Agricultural Departmeat. JNO. M. MoCANDLESS, State ChemlsL lyond th eteas. The Panama * nal will open up possibilities now gn- dreamed of, and demand* for cotton will eventually come from States un born, and civilizations now unknown. Watch the demand—plant for It alone, and ahould Providence give you a larg er crop than you planted for, put your cotton In your bonded warehouses, re duos your acreage for the ( following season, and your faithful friend', the banker, will see you through. The financial Mure of this dear Southland of ours is entirely* with -you, my friends. I You can steep us in pover ty, or you can roll us In wealth. Have every farmer to join your organise tion, eliminate politics from your ofeun- ells, give to the politician and grand- stand players with bees In their bos nuts and axes to grind the frozen shoulder and marble heart, see to 1t that provisions are raised at home, and that only a reasonable sore age la planted in cotton, and I predlot that the banks of the South will double their deposits In the next five years, enabling them to finance the orop with out outside assistance. Disregard till* I*)nnlction, go It alone without orgiti- Ized effort, every man for htmte\f, plaiting all the cotton ho can, and raising no provisions at heme, and poverty will be our portion l Like th French at W^trloo, tke cry will gc through the South, from farmhouse to farmhouse, "Every man save him self who can." He ye rieh or poor, remember this: Tbe banker la youi frioipl. You are indispeasable to bin, —your grievances are his grievances and yonr success his success. Th* Intercfts of the cotton farmer and th» Southern banker have always been ! 1&Q3- are now, and ever will be, Identical,! Our Present Wheat Situation. | The present wheat situation In tl}« United States was the subject of ap address by John C. Williams of Wash ington before the recent meeting ol the Association For the Advanoemai of Sclenoe. According to Mr. WiV Hams, an Increase In the consumpttob of wheat lues gone steadily forward h this oountry since 1»01, while the p»£ dootlon haa declined, so that at-fret ent, temporarily at leart, the/ heme ooi* sumption and tho home supply jtitt about balance, leaving but little for ea port. Roughly stated, the wheat croj of 1904 la 652,000,000 bushels, aral&al 638,000.000 in 1906, and 748.000.0u0 la 1901. News and Notes. Cement posts for Ifarm fenolng where timber is scarce seem to be at- trading attention. . , . tJ1 Official crop report, fro* SL Peter* B, ' d 1,ollUuE tho ,103ltlon f burg show th. winter wheat crop la Tll ° cannonading in tho neighbor- European Russia to be good and ths hood of Tatcheklao is now increasing Fierce Fighting Along a Fourteen- Mile Front—The Issue of the Bat tle Not Decided—Both 8ldes Have 8uffered Great Loaaea and Both Are Fighting Desperately. Mukden, March 7, 4:36 p. m.—Fight ing of the fiercest nature, which is likely to decide the issue of the bat tle which had been progressing for ten days, began at dawn today and haa continued uninterruptedly up to the present time on a front fourteen miles long west of the railroad and i a line with the Shakhe river. The Japanese also have made a desperate attack on Bentsiaputze, and reports are arriving here that fighting was renewed this morning on the ex- eme left of the Russian army. Both sides are fighting with desper ation to the westward, though the troops are well nigh exhausted. The Issue of the battle may depend large ly on the relative physical condition of the rank and file. The losses In the ten days of battle on both sides are already far greater than were the casualties in the battle of Liao Yang, and are likely to in crease as the days pasq before the is sue is fully decided. Beginning at 2 o’clock this morning the Japanese made a succession of desperate attacks on Gen. Tserpltsky’s division on the west front south of Mukden, repeating the assault at In tervals of two hours with constant reinforcements. About 50,000 Japan ese, with 200 pieces of artillery are participating. All the attacks were repulsed, there being enormous losses on both sides. Changed Hands Many Times. One extremely important position changed hands several times. Finally Gen. Tserpltslcy on horseback, placing himself at the head of his troops, led his regiments to tho attack, with col- flying and music playing. The at tack was successful: Tho Russians captured sevoral quick-firing guns and many Japanese prisoners, including officers. It was reported that Gen. Gerngross, of the East Siberian Rifles, toward evening, had taken and held Tatche klao. All last night and today Japanese prisoners have been arriving In Muk den from the west front ! The major ity of them are wounded and all ap pear downcast and ravenous,' mqpy .of them crying,, ^ j-. FoudHt for rhefft^PtHneri. Monday night the Japanese/ attack ed Yinheitun, Alanpu and I&rthtaltzu and also made four furlobs attacks on tho village of Lunhuantan early this morning. On the fourth attack the Japanese wore temporarily suc cessful In driving out the Russians, and rushed directly toward the field kitchens, where the morning meal was being prepared and commenced to bolt the food. The Russian troops, how ever, with a shout of "Save our din* •, brothers," fell upon the Japanese liko a hurricane and drove them out of the village at the point of the bay onet. A captured Japanese said they hhd had nothing to eat since Sunday, and that they had been told this morning either to capture the Russians’ dinner or starve. At Edragou, on the centre, a regi ment of chasseurs made a night at tack, but the Russians wore caught by the Japanese flank and many of them were killed, fifty being captured. Repulsed With Great Lost. Bentsiaputze the Japanese stormed as far as the wire entangle ments, but were repulsed with great loss. An attack on the east front early this morning resulted in the capture of several Japanese positions near Oubenepusa and the seizing of two Japanese quick firing guns. The Jap- made a counter attack, and a long and desperate struggle ensued, the Russians capturing a third quick crop of winter rye belew tbe aver ago. "Nursing dairy calves’* la a new bu» Inoea noted by Rural New Yorker. Da> rymcn who retail milk In large towns cannot afford to raise ogive*. Th« milk la worth more to seiL After • few daya they send the Utti* .creatures to load farmer who has a hand «*S>oro tor and sells cream, lie raises them on warm skim milk and grain sad ■ends them book as yearHngy. An encouraging fool in fittest cap Sgemont 4s the growing detcrmlnhcbD in intensity. The Japanese apparent ly have brought up reinforcements and are attempting to crush General Gerngross. The Japanese are bring ing up supplies by the Sinmintin road iind apparently are using the railroad •'.g a line of communications. A Japanese Colony for Texas. Aa a result of the recent visit to Texas of a number of commissioners of the Japanese government, a great Japanese colony will be planted in of large timber land owners to hfinfitl Southwestern Texas, for the growing their holdings less wastedQlfy and tft a id manufacture of oilk. A splendid protect the forests with th# view to e | t^act of land has been secured and continuous yield of timber. , upon each five acres of this will be An ares ot 81*093,090 acres seeded settled a Japanese family. It was the to winter wheat is Orange Judd Farnv opinion of the commissioners that the or*e estimate, an increase ovor ths Japanese with their methods of culti- area hanrested last year el XUOfiM v4tlon wouId roap a proflt of at least aero., bat a decree., ^ fooU 1*00, s2oo acre ln 8llk cultlvatlon . Thc Z TZTlI^uT i Installment of Japanese number- ij | Qr persons, will leave Ja pan In the course of two or three months. Lumber Lumber. PENDER LUMBER CO., 1 III DEALERS IN ALL KINDS OF Aleo fttalngus, Lethe, Seroll Work end Mouldings of All Kinds. OflBeo, Fleeing Mill end Lumber Terd on Veldoete Southern Kail... H.tw.en O.orcl. Southern A norm. M Altutlc Co!?t LiS7bE5S3I; Early Garden Seeds. We handle all varieties of garden seeds. Put your order in early and have an earlyjgarden. Genuine seed Irish Pota toes—the kind that grow. For sale by W. D. Dunaway, Druggist and Optician. GRIFFING’S Florida Grown Guaranteed and Tested Trees. Bndded Pecans, Peach, Plum, Pear and all other kinds of Fruit Mid Ornamental trees and Roses. Yon pay for treeo after you see them growing. Don’t that convince’yon that yon are going to get what you buy? Prices are right and every tree fully guaranteed, and the Grif* nng Bros. Go’s, guarantee is good and I guarantee that everything shall bo as represented. Do yon not appreciate fruit and flowers in your home? Don’t yon want beautiful ornamental roses for yonr front yard? Hold ¥.o»r Ofe^^Jaut-Sglesmi For He Is Coming Soon. Agent The Griffing Bros- Co- COAL, COAL, $6.00 and *$8.00 Per Ton FOR SPOT CASH. New wagon and scales, guamtee full weights, prompt delivery. Phone orders to ICE & MTG GO. Valdosta, - Georgia. N ATTENTION Of farmers and planters is called to our stock of Spring Oats, Two- Crop Potatoes, Garden and Field Seeds. Also fresh gronud Sage, Black and Red Pepper, Saltpetre, Borax, Etc. School Books Bought, Sold & Exchanged at . S. BONDURANT’S.