Newnan herald & advertiser. (Newnan, Ga.) 1909-1915, August 28, 1914, Image 1

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NEWNAN HERALD & ADVERTISER VOL. XLIX. NEWNAN, GA., FRIDAY, AUGUST 28, 1914. NO. 48 Seven Makes of Buggies; White Hickory Wagons When you get ready to buy a BUGGY come to see us. We Can Suit You We can show you more than one make. If you buy a buggy from us you will get quality and finish in the following makes: Brockway, Hampton, Barnesville, Bixie, Hale, Tyson & Jones, Griffin; White Hickory Wagons BUGGY, WAGON AND CARRIAGE HARNESS TO FIT ANY HORSE OR MULE. H. C. Arnall Merchandise Co. 'Twist the Coin” In Our New Patent Easy- Opehihc-Box IO Cents The belt polishes in the handiest box. Black,Tan sold White The f. f. d alley co. LTD. Buffalo. N.Y. Hamilton,OnU T. S. PARROTT Insurance—All Branches Representing r Fire Association, of Philadelphia Fidelity and Casualty Co., of New York American Surety Co., of New York Mutual Benefit Life Insurance Co., of Newark, N. J. 14 1-2 Greenville st., Over H. C. Glover Co. | BUGGIES! BUGGIES! f. A full line of the best makes. Best value foi $ the money. Light running, and built to stand f. the wear. At Jack Powell’s old stand. I J. T. CARPENTER Warehouses Needed for Surplus Cotton. Atlanta Jounal. Georgians interested in financing the cotton crop will spend the remainder of the week making arrangements to house in acceptable warehouses at least a portion of the State’s crop. That the first and most pressing need in the fight to finance! the cotton is ade quate facilities for storing at least the surplus of the present crop in ware houses on which insurance can be ob tained, was shown at the meeting of business men at the State Capitol Mon day. And it was partly to give those interested an opportunity to look into this matter that many important mat ters were carried over from this meet ing to the one that will be held in Macon, Thursday, Aug. 27. Every plan advanced for financing the crop is based on the idea of using cotton in warehouses or warehouse re ceipts as collateral either for loans or for the issuance of currency or some thing to be used as such until the pres ent crisis has passed. This being the case, it was shown that Georgia far mers can benefit by Federal aid only in proportion as they are able to properly warehouse their cotton. With this fact in mind, those attend ing the meeting went home prepared to learn just what facilities each county offers along this line. Reports on this matter will he among the matters of importance taken up at the Macon meeting. Those who attended the meeting left after the afternoon session in a far more cheerful frame of mind than that in which they had come. Ur. H. T. Stockbridge's assurance from Washing ton. U. C., that $300,000,000 of Govern ment currency will soon be available for the small country banks, and the further assurance from the proprietors of these banks that the gathering of the crops will be financed by them im mediately, not only relieved a most pressing need but caused them to feel that the situation is to be adequately handled in the immediate future. At the Macon meeting each county in the Stat^ is to be represented by a committee bf three, composed of one farmer, one merchant and one banker, all to be elected by a meeting of the business men and farmers of the county at large. That the plan adopted at this time for financing the crop should be a per manent one was a point made during Monday’s meeting by W. T. Anderson, of Macon. Mr. Anderson pointed out that during the past ten years it has cost cotton raisers a little more than 11 cents per pound to raise the staple, while they have received more than 1 cent less than this cost for it, on the average. No other people in the world would have tolerated such conditions so long, he said. He gave it as his opinion that the present crisis, out of which gome feasi ble plan for insuring the farmer a legi timate profit on his money crop, will prove a blessing rather than a disaster. That the Governors of the cotton States in their meeting in New Orleans on August 27 and 28 may devise some per manent plan for marketing the cotton crop was the expressed hope of the meeting. It was in line with this idea of Mr. Anderson that Harvie Jordan’s reso lution fixing the minimum for middling cotton at 12 cents was adopted by the meeting. Some of those present were inclined to believe this figure higher than it should be. It was pointed out, though, that the Federal Government has fixed 12J cents as the basis on which $300,- 000,000 is to be advanced to the grow ers. Mr. Jordan’s resolution provided that no cotton should he sold or offered for sale, wherever it is possible to avoid it, except on the basis of 12 cepts for middling. Not bo Strange After All. You may think it strange that so many people are cured of stomach trouble by Chamberlain’s Tablets. You would not, however, if you should give them a trial. They strengthen and in vigorate the stomach and enable it to erform its functions naturally. Mrs. tosie Kish, Wabash, Ind., writes, 'Nothing did me the least good until I began using Chamberlain's Tablets. It is decidedly the best medicine for stom ach trouble I have ever used.” For Bale by all dealers. Englishman—"The suffragettes salu ted the prime minister this morning.” American—“Did they fire twenty-one guns''" pe Ri Jim; Englishman—"No; houses. The Cotton Crisis. Atlanta Constitution. Continued development of the war situation in Europe and Asia indicate quite clearly that three-fourths of the whole civilized world is likely to become involved in a gigantic conflict, the end of which so man can foresee. What is evident and emphatic at this time is that the whole South, and more espe cially the cotton farmers, is to be the innocent sufferer on account of a lim- ted demand for the great staple money- crop of this section. What cotton is he ing sold in this State, (and only a very limited quantity can he Hold at all,) is being bought at from 8 to 9 cents—a net loss under the actual coHt of pro duction of from $15 to $20 per bale. Ninety per cent, of the cotton taken to market by the farmer is hauled back home without a bidder. The cotton ex changes of the world are closed, and no means of transportation for ocean ship ment is available at any of our ports. These factB were all developed at the’ cotton conference recently held at the State Capitol. Opinions vary, but it is generally agreed that from one-half to one-third of the 1914 cotton crop will have to he held and carried over into the crop of 1915. Commercial business all over the South is suffering accordingly. It didn’t take the Federal Govern ment ten days to start vessels, laden with millions of dollars, to immediately relieve the American tourists stranded in European countries. Millions of dol lars from the United States Treasury have been sent to the big hanks in New York within the past fifteen days. What measure of financial aid, and in what manner iH it to be rendered, to Southern cotlon-growers by the Federal Government? Cotton is now being daily sacrificed all over the South at prices far below the cost of production, and the mills are laying in supplies and for tifying themselves against whatever attempts the farmers may later on be able to mske to advance prices to liv ing levels. What the South needs now is action — prompt, definite, and without equivo cation. If the big financiers of New York are willing and able to float a loan of a hundred million dollars for France, they can find a better field in the South with spot cotton as collateral, the best gilt-edge security in the world, and far better than the bonds of foreign coun tries now engaged in a deadly grip of war on the other side of the Atlantic. Congress has for nearly three weeks realized the critical position of cotton- growers, and with hundreds of millions of currency lying idle in the Treasury nothing definite or positive has yet been done to relieve the financial situation in the South. State and county meetings of farmers, merchants and bankers are being called throughout the cotton Slates to discuHs the situation and await tho action of Congress. The general cotton conference for del egates from all the States, which Har vie Jordan has called to meet at New Orleans, was fixed for Aug. 27-28, be lieving that Federal aid would have been fully assured before that date, and it is Btill hoped that definite action will he taken this week. This cotton conference at New Or leans will he largely attended by dele gates from all the cotton States. At this conference this country shoald put the world on notice that all the cotton not needed for consumption will be placed in storage and financed, while that which is required by the mills will not he sacrificed or sold at a less price than 12 cents per pound, basis middling. The Federal Government should act Now, and without further delay. The Twenty Year Test. “Some twenty years ago I used Chamberlain’s Colic, Cholera and Diar- rhoho Remedy,” writes Geo. W. Brock, publisher of the Enterprise, Aberdeen, Md. “I discovered that it was a quick and safe cure for diarrhoea. Since then no one can sell me anything said to be ‘just as good.’ During all these years I have UBed it and recommended it many times, and it has never disap pointed anyone.” For sale by all dealers. Many who imagine they could rule a nation can’t even keep their own chil dren out of mischief. Whenever You Need n General Tonic Take Grove’s The Old Standard Grove’s Tasteless chill Tonic is equally valuable as a General Tonic because it contains the well known tonic properties of QUININE and IRON. It acts on the Liver, Drives out Malaria, Enriches the Blood and. Builds up the Whole System. 50 cents.