Southern Mercury. (Dallas, Tex.), Vol. 19, No. 37, Ed. 1 Thursday, September 14, 1899 Page: 4 of 16
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Sept. 14, 18&.
Elsewhere in this issue we publisn
a plan for the federation of farmers
and producers in the South and Wesi
by a Kansas man, which is in lin<
with the proposed plan submitted b.
Hon. W. T. Hefley of Cameron, Tex.,
which appeared in the Houston Post
of Sept. 1. We give herewith Mr.
Hefiey's plan. Perhaps from the plans
suggested one may be evolved which
will bring the desired relief.
Mr. Hefley, who is a capitalist and a
lawyer, well known in Texas, said:
"Prosperity in the South depends
not on the seasons nor on the diversifi-
cation, but on the price of cotton. The
price of cotton today depends not on
the amount produced, but is fixed
arbitrarily by the manufacturers, who
have combined for that purpose. That
they are able to do so is demonstrated
by their paying five cents for cotton
and selling the manufactured product
on a basis of eight and one-half cent
"Now trusts are being formed with
the avowed purpose of controlling all
the factories in the. United States, and
so still further enhance the value of
the products, and depress the price,
not the value, of the raw material.
Now the South is comparatively poor.
We are unable individually to hold
our cotton, and practically it brings
just as much and no more than it
would at sheriff's sale. It is a forced
sale every year. But it is needless to
speak of existing conditions. Every
farmer, every farm worker, and every
merchant, lawyer, banker and doctor
in the South understand sthis. •
"What the South asks, Is there a
remedy? We say with utmost confi-
dence, beyond doubt, there is. Wo
have it in our power to make every
pound of cotton raised in Texas worth
eight or nine cents per pound. And
it is not by holding conventions, or
denouncing trusts or combinations,
but by adopting the methods our op-
pressors have taught us, and form in
the South a gigantic combination, call
it a trust if you like, to control th?
products of our farms.
"The plan is Irief, and is this:
"First. The cotton raisers, mill
owners, bankers, and merchants of the
South to form «i trust to buy, sell and
manufacture cotton. Sell it to the
Northern and Europeon manufactur-
ers, if they will pay its value, eight
cents; if they will not, then manufac-
ture it ourselves.
"We should open books in every
section where cotton is produced, and
solicit subscriptions to be paid either
in money or cotton at its market val-
ue. We expect to see cotton mills
established in every Southern State
of sufficient capacity to manufacture
all surplus cotton. A subscription
amounting to two million bales in
value, will be sufficient to control the
"Hon. Mr. Lewis of Washington, D.
C., suggests a trust for the purpose of
buying and controlling and holding
cotton eo enhance values,but this stops
short of the true remedy, which we
confidently believe lies in our plan,
which is to be able to control the mar-
ket, by using all the possible surplus.
You must be In a position to use the
surplus raw material, or it will be
as valueless as the iron fields of Texas
The gentlemen state that they have
found ready response from the cotton
mills of the South so far approached,
and they state further that prepara-
tion for organization had prospered sd
far and favorably that they had no
objection to the Southern press taking
up the matter for criticism or sugges-
tion and improvement, and they show-
ed your correspondent a large number
of letters from farmers, bankers and
merchants throughout the South who
endorse and stand ready to subscribe
to the stock. The trust will be char-
tered in Texas and the capital stock
placed at $100,000,000 with authority
to increase to any reasonable amount.
The main office to be established at
Galveston, the greteast cotton markt-c
in the world.
Mills will be erected in every South
ern state in proportion to the stock
subscribed at such points as the board
of directors, selected from all the
Southern States, may decide.
THE BUZZ SAW QN POSTAGE
The man who smokes
Old V irginia Cheroots
has a satisfied, "glad I have got it"
expression on his face from the time
he. lights one. He knows he will
not be disappointed. No matter
where he buys one—Maine or Texas,
Florida or California—he knows they
will be just the same as those he gets
at home—clean—well made—burn
Two hundred million Old Virginia Cheroots smoked this year.
Ask your own dealer. Price, 3 for 5 cents.
Every Populist in the nation has
heard of Scott Morgan, the "Buzz Saw"
man, and many have seen him. He
lives in the wilds of Arkansas, but
he is not a wild man. He is "sui
generis"—the only one of his kind in
the country—bold, brainy and brill-
iant, but by no means beautiful. He
handles the political scalpel with dex-
terity and illuminates many a knotty
question by his logic. Here is a spec-
imen—a dissertation on postage
"The government issues scores of
millions of dollars of stamps every
year, and yet it announces to the pub-
lic that it will not redeem them. Not-
withstanding this fact the value of the
postage stamp is not impaired and
never fluctuates. No offe ever corners
the supply. They are not good in
"Yurrup," and we never consulted any
nation on earth about what to make
them of or how many to make. But
they are good in America, although
they are not "bottomed" on gold. They
have no metallic basis. They are not
only good for the use of which they
were intended but millions of dollars
worth of them are used every year as
a medium of exchange. Here is one
of the little things lying before me on
my desk now. A piece of paper
about an inch long and seven-eighths
of an inch wide. What does it say?
"United States Postage, two cents."
That is all. The government prints
them. It prints them on paper. The
demand is always equal to the supply.
If there is much mail to move, to be
exchanged from one person to anoth-
er, and from one place to another, the
government prints more stamps. You
don't have to pay the postmaster in
chickens and turnips and "garden
sass." You use a postage stamp, and
no difference how many you use, or
how few the price is the same and you
get them as cheap as the man who
buyB a hundred thousand dollars'
worth a year. You have one of the
stamps. It says to you, in effect, that
you.are entitled to receive two cents'
worth of service from the people as a
whole. And you can get that service
The stamp then is redeemable in ser-
vice, and being good for that it Is ac-
ceptable as a medium of exchange for
small amounts in a great many in-
stances. Now suppose the government
would print money not redeemable in
gold or silver, but receivable for taxes,
just as stamps are receivable for pos-
tal services, does it not stand to rea-
son that such money would be good?
2, Epperson's Megaphone Minstrels
will play their wonderful production
in Convention Hall. Tuesday night
will be the annual parade of Pallas
Athene and her loyal priests of Pallas.
Wednesday night will be the Priests
of Pallas ball in Convention Hall.
Thursday afternoon the Karnival
Krewe's ludicrous and fun-producing
parade will be given by King Ki Ki
It is exactly a parallel case. But how and his kohorts. Thursday night Ep-
will the government put this money
into circulation? Pay it out for ser-
vices, and loan it at a small tax, as it
does now to the national banker. "But
it will flood the country," says an ob-
jector. It is constantly going back
person's Minstrels will give a new and
unique production in Convention Hall.
Friday night will be the grand Masque
Karnival Ball in Convention Hall by
King Ki Ki and his Karnival Krewe
of Korrect Kavoters. Saturday night
for taxes and in the return of such the second season of delight and en-
loans. Like the postage stamps, it is joyment will end by a grand and fas-
going both ways at once. Ha3 the cinating entertainment to be given in
country ever been flooded with postage
stamps? People only get what they
need. So it will be with money. There
are just enough postage stamps print-
ed to transact the mail business. If
Convention Hall by the Karnival
The great Street Exposition and Mid-
way runs all this time from 1 o'clock
in the afternoon until 11 o'clock at
any one should take it into their heads night except Sunday, Oct. 1.
to corner the postage stamps Uncle
Sam would grin and print more. He
would do the same thing with money.
There is to be a grand concert every
afternoon and evening in the Exposi-
tion. President Diaz of Mexico has
He would simply supply the demand, been invit©d to be present at the fes
and people would no more overload #tivities. The big Spanish cannon, cap-
themselves with money that they did ture(j near Manila by the American
not need, because they must give value B0idiers. recently sent to Kansas City.
received for it, or good security, which
is equivalent to the same thing. Money
is deified,because it is scarce and hard
to get, and because it is deified, it is
powerful in the hands of the few who
have it. It can only be dethroned by
making it plentiful enough that the
demand for it be no greater than the
demand for property. Then property
will be on equal terms with money,
and labor, which produces property,
will be on equal terms with capital.
will be on exhibition, and there will be
hundreds of other things of as much
This will be the greatest karnival
season in the history of the West. Half
fare excursion rates have been secured
on all railroads for entire time of ex-
position. Many other great attractions
in addition to the above are being
arranged for by the Karnival Krewe.
CATARRH CANNOT BE CURED.
with LOCAL APPLICATIONS, as they
SEASON cannot reach the seat of the disease. Ca-
tarrh is a blood or constitutional disease,
and in order to cure it you must take in-
ternal remedies. Hall's Catarrh Cure is
takan internally, and acts directly on the
blood and mucous surfaces. Hall's Ca-
It begins on Thursday, Sept. 28, by tarrh Cure is not a quack medicine. It was
- , prescribed by one the best physicians in
the opening of the big Street Expost- this country for years, and is a regular
turn and Oriental Midway. Thi.
position continues without tie-up until blood purifiers, acting directly on the mu*
*1 . ^ A _ .. ... . cous surfaces. The perfect combination
Saturday, Oct. 7. It will be open ev- the two ingredients is what produces
ery day from 1 o'clock in the afternoon gch wonderful ^uUs^curtng Catarrh.
KANSAS CITYS GREAT
until 11 o'clock at night,
Sunday, Oct. 1.
excepting f. j. cheney, * co., Props., Toledo, o.
Monday night, Oct ^
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Park, Milton. Southern Mercury. (Dallas, Tex.), Vol. 19, No. 37, Ed. 1 Thursday, September 14, 1899, newspaper, September 14, 1899; (https://texashistory.unt.edu/ark:/67531/metapth185820/m1/4/: accessed April 25, 2019), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .