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The Monticello News
Monticello, — - Georgia
Sub.crgnion Price, 31.50 a Year,
ayable in Advance.
Published Every Friday b
F. L. and 'l‘.l'y R. PENN.y
Editors and Proprietors,
Entered in the Postoffice in Mon
ticello, Ga., as second-class matter,
in accordance with an act of Con
gress.,
A BIBLE THOUGHT FOR TODAY
For where envying and strife is,
there is confusion and every evil
work. But the wisdom that is from
above is first pure, then peaceable,
gentle and easy to be entreated, full
of mercy and good fruits, without
partiality and without hypocrisy. And
the fruits of righteousness is sown in
peace of them that make peace.—
James 3:16-18.
Old man Winter was a visitor to
this section this week. Shivers!
Tell it to everybody that Middle
Georgia is the garden-spot of the
world.
Thanksgiving Day is in the near
future. Count your many bless
ings!
It's the hustling farmer who gets
his crops housed before rough
weather arrives. ‘
The Ilionis office-seeker who
waged his campaign on thirty cents
will go down in history, no doubt, as
the penny candidate. }
Oil has been discovered in Geor
gia again. This time the flow is
said to be near Fort Gaines. Another
oily proposition perhaps.
An exchange trusts that Dr. Hard
man will be able to cure all of Geor
gia’s ills. Everyone should lend a
helping hand in the task.
Action looking toward government
control of radio is expected in the
forthcoming session of congress,
states an exchange. Let’s hope some
of the static will be controlled at
least.
Today is a big one in our neigh
boring city of Jackson, the occasion
being a harvest festival. The
amount of good such an event will
do for a community cannot be esti
mated properly. Each town and
county in Georgia should hold a
fair in order that the people may
have an opportunity to display their
products and build up the spirit of
co-operation.
NOTHING IN THE PAPER THIS
WEEK
Frequently you pick up a local pa
per and after glancing it over weari
ly thrust it aside, remarking:“Noth
in the paper this week.” Did you
ever stop to think what that phrase
—nothing in the paper means. It
means that in the week just passed
no misfortune has befallen the com
munity, that no fire has wiped out a
neighbor's worldy goods; that the
grim angel of death has crossed no
threshold of a friend; that no man
driven by liquor, hatred or fear has
taken the life of a fellow human;
that no poor devil, haunted by the
past or the misdeeds of some other,
has crossed the divide by his own
hand; that many things that ought
not to happen have not happened. So
the next time you pick up a paper
that does not announce tragedy, give
a little thanks instead of grumbling
because there is no news.—Water
ville Advance.
i T,
WHY EDITORS ARE GRAY
Here's the way Paul Wiley, editor
of the Neodosha (Kan.) Register
tells his readers about one certain
error in his paper: .
It is not our custom to shift the
responsibility of mistakes this paper
makes to the shoulders of another,
but last week our patience was tried
to the limit. In lifting the type for
an obituary, the boy in the office, in
some manner that he is unable to ex
plain, got a one-line ad for the show
at the Princess theatre mixed in with
the obituary. The line read: “What
has become of Sally?” It appeared
in that part of the obituary that told
about the funeral. Nothing that has
appeared in this paper in years has
created so much comment and as
much as we regret the mistake we
are trying to bear up under the strain
and assure our readers that if any
thing like that ever happens again
we will be ready to quit and try and
get a job on the section. If the name
of the deceased had happened to
have been Sally all we can say is
that we would have been running
yet. et
STILL OWING
The Eskridge Independent says
but four merchants have gone broke
in that town in the last ten years,
and none of them advertised.
There has been but one business
failure in Altoona in the past 25
years. That concern wasn’'t much of
an advertiser, either. And for the
little ad it did run at the last, is still
owes us.—Altoona (Kans.) Tribune.
THE SOUTH WILL COME
THROUGH
The price of cotton is disappoint
ing and severe financial loss is being
suffered by farmers and business
interests throughout the cotton belt.
But the South will come through.
It is a habit with us down here to
pull through no matter how dark
the future looms.
The peach belt didn’t give up and
quit when peaches the past season
sold below the cost of production.
The people in that section are still
carrying on. Neither will the cotton
belt fold up and quit.
As a matter of fact the South is
learning to depend less and less on
cotton as the main money crop. We
have learned much in seven years.
When the boll weevil first struck
there was hardly a dollar that came
to this section except through cotton.
Now we have a successful and profit
able dairy and live stock industry;
poultry and eggs bring in their mil
lions; tobacco is a splendid money
crop; hogs are sold in carload lots;
pepper is a profitable crop for a
number of middle Georgia counties.
We are ,getting cash now from new
sources. i
Georgia, as well as the other cot
ton growing states, is sending away
too much money for the things that
should be grown at home. But there
will be less of that in the future.
More than ever Georgia farms are
being made self-sustaining.
Adjustments will be brought
about within the next few weeks.
The suddenness of the shock will
wear off. The South will emerge
from the present situation. No
doubt next year’'s cotton acreage
will be reduced.
In the meantime everything pos
sible is being done to improve con
ditions. The co-operative cotton
marketing association is rendering
splendid service. The co-operative
marketing of cotton has won wide
favor.
It is a time to sit steady in the
boat and look well to next year’s
cotton acreage, while planning for a
large grain crop this fall.—Jackson
Progress-Argus.
CO-OP READY TO
LEND ASSISTANCE
(Continued from page 1)
is corporation. Money will have
to be secured from the banks when
the corporation is perfected, and
then in turn advanced to the farmers
r their cotton.
The corporation itself, it is un
derstood, will have to pay four and
a half per cent for the money it gets
and, it would stand to reason, will
have to add some percentage to that
to cover its own costs, in passing
advances on to the farmers. The
Georgia Cotton Growers’ Co-Opera
tive, it is learned, is itself already
borrowing money from the Interme
diate Credit Bank at four and a
half per cent, and adds no more to
that percentage in advancing to
farmers whose cotton they carry, be
cause the association is not allowed
to accumulate any profit. Already,
thus far this season, this associa
tion has advanced to its members
seven and nine cents on their cot
ton, depending on the grades, and
makes the statement that it is in
position to make the same advances
on that proportion of the crop in
tended to be taken off the market
for a period of 18 months or more.
Its present arrangements are such
according to information that it can
finance several millions of dollars
worth of cotton immediately upon
receipt, over that which it already
is carrying for its members.
The Finance Corporation which is
to be formed as an outgrowth of the
Saturday's conference of bankers and
others, will be a $1,000,000 concern
with a borrowing power of ten times
that amount, The purpose is to or
ganize the corporation through the
sule of stock among the financial in
stitutions who have announced a
willingness to co-operate in solving
the immediate cotton situation.
There upon the withdrawal of Geor
gia's quota of one-fourth of the 1926
crop will be handled on the basis
of advances of approximately S4O
a bale, which will require twelve
millions of dollars, to be extended
over a period of fully 20 months.
The impression here is that the stock
in the finance corporation will be
THE MONTICELLO NEWS, FRIDAY, OCTOBER 29, 1926
\ THE ALTERNATIVE
With the fortnightly cotton yield
estimate of 17,454,000 bales—the
largest crop forecast on record—
the staple, already selling at far be
low the cost of production, broke
another $1.60 a bale. The market
in New york closed in confusion at
the lowest levels since 1921. The
one day’s break, on the basis of the
estimated yield, cost the producers
and holders of American cotten ap
proximately $26,000,000.
The government forecast is a
guess, only, as we have repeatedly
said in voicing our vigorous dis
approval of the whole system of es
timating the yields of crops that are
growing. It exceeds by a million and
a half bales the guess of two weeks
ago, and it heavily exceeds the most
bearish of the private estimates re
cently made. And yet there is little
doubt that the cotton crop is heavier
than since 1921, and with a larger
than normal “carry-over” from 1925,
conditions give every possible ad
vantage to the bear raiders who have
been successfully hammering the
market for the past six weeks.
The world can and will consume
a 17,600,000-bale yield of American
cotton, with all the other cotton visi
ble in other cotton-producing na
tions, if the process of marketing is
made orderly, and the farmers them
selves do not become panicky and be
gin stampeding. Jt can do this at
profitable prices to the growers pro
vided the consuming world is put
firmly on notice, first, that fully 25
per cent of the American production
is to be held indefinitely from the
market, and released only when
prices justify a reasonable profit to
the growers; and, second, that the
1927 acreage is to be drastically cut.
The bears are simply rollicking
in the belief that cotton producers
cannot be made to co-operate. One
thing is certain, the credit sources
can force not only the holding of
cotton, but the acreage reduction.
It is no time to temporize now. It
is no time for ‘“moral suasion.” It
is time for drastic and vigorous ac
tion, and the credit agencies must
cooperate in forcing that action.
In the meantime the lesson is in
escapable—the saving grace of bal
anced agriculture. Georgia's situa
tion is perhaps better than that of
any of the cotton states. The reason,
Georgia has grown more food and
feed crops this year than before. She
has grown a greater number of other
than cotton cash crops—fruits, po
tatoes, melons peanuts, vegetables,
live stock, poultry products, etc. It
is obvious that if cotton held Geor
gia in slavery today as it once did
the state would be stricken as per
haps never before in her history.
Diversification, systematic and thor
ough, has saved the day, and saved
thousands of farmers from bankrupt
cy. Why? Because cotton is more
largely a surplus in Georgia than
ever before.
The force of cooperation in such
a crisis as this is invincible. That
cooperation must extend not only
to the handling of cotton orderly,
but to the preparations for next
year’s farm program. The farmer
who does not raise his own supplies
—those commodities that he has
heretofore bought—in 1927, and
who does not radically cut down in
cotton will be inviting not only the
sheriff, but his complete ruin, and
the blasting of all his hopes.—At
lanta Constitution.
immediately subscribed, the neces
sary funds advanced to the corpo
ration by the banks and the retire
ment of 300,000 bales immediately.
I 3
LR TGS
WRIGLEYS
:CHEPI. GKS .-
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88 O
@ Packs
%\ fOr
= Of
s
TWENTY YEARS AGO
WE OPENED FOR BUSINESS
We are grateful to the many who have been con
tinuous customers of this bank during all these years.
Qur growth has been in keeping with the progress
of the community. , |
We solicit your business and promise thaf same
will be handled on sound banking methods.
The Farmers National
Monticello, Georgia
Twenty' Years’ Satisfactory Service
HOUSEWIVES!!
Don’t age yourself by worrying over something
| to cook each day. :
A\ LY 7
A\ I ;
g‘/;’f ’;:’ L 3
LS g\ ) R 7 S
2> (f ’u"f' I\‘%\\l{l -4
| ‘ .l;h L | \' .' il
Lo JUST CALL FOR: iid
Canadian Rutabagas Onions
Cabbage Celery
Beans Le'gtuce
Sweet Potatoes Chickens
Irish Potatoes Eggs
All kinds canned meats, fruits and honey.
Don’t forget our Market and keep your grocery
bill all together.
J. H. Kelly Co.
L “The Place to Trade” 3
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