The Yazoo Whig and political register. (Yazoo City, Miss.) 1840-1842, 1841-07-02
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the latest Orleans Price Currents and papers
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Extract from Mr. MarDeETs Circular:
nThe undeniable abuses and oVer-chsFges
which have crept into almost every depaFt-
ment, in the sale Of the great staple Of the
South. has induced the establishment 81 sew
eral new houses, (mostIy from Mississippi,)
upon The. NeiD System;- and itisto be hoped
that fair and honorable competition and .
strictly honest discharge Of the duties O
Factor, will supeTsede the present order OF
things; under which, impositons have been
Ipractised upon the Planter and Country
Merchant for years, --impositions, which
would have been long since Temidied had
The Planter been aware Of their extent
Some idea may be formed of their extent
bv the following statement We viii este
innate for instance, the Cotton Crop of Mis-
sissippi, for the year ending Both Septem-
her. 1910. at 100000 bales:--E sincerely
believe, that it will be no exaggeTation in
setting down the average oyer-charge on
; each bale at 80 cents: the Planters Of Ais.
f sssippi are consequently minus $l2O,OUU
E annually: which amount, if.taken out OF
the pockets Of. the Commission Merchant
! and appropriated to the veal Of the State,
would produce beneficial consequences OF
an incalcuable extent. In abiding to the
system, as pursued at present, wish 70 be
= understood, that impugn not the motives,
or enter into any crusade against establish
! ed houses in the city; there are, no doubt,
connected with those houses, many high
minded gentlemen who have adopted the
plBn, because they found the custom usage
and sanctioned, / presume, by the Chamber
of Commerce, when there was out nile
r competition between the different cotton
u presses of the city.
!, do not profess to be more honest than
! my neighbors, but it would seem, that the
integrity Of the Factor, and common pTin-
? ciple Of right, should dictate the immorali-
s. ty of charging as expenses on bale OF cot
ID ton, 90 cents for storage, 10 cents for labor,
and 10 cents for drayage Gin all 40 cents,)
lie when the actual amount paid out IS never
er over l5 cents. and in many cases, where
"a the business Of house is large, the Cotton
Press considers the chance Of REFRESHING
sufficient compensation for these services
a. In addition to over-charges and the evil
complained of under the List System, tn
nd interests of the Planter demand, that tn
of Cotton business should not be restricted
nix the hands of few individuals, as has bee
he the case heretofore, and that more attentiO
should be paid to its shelter: although tn
charge is made FOR storage, thousands
bales lie in the streets and open Yards, eS
az posed to the mud and rains of the seaso
OF which often continue for thirty days or NOR
OF and it is almost impossible to estimate ii
ice damage, not only to the quality and in II
vor rotor Bagging and Rope, but loss in weigh
ted picking, &c. Believing that it would
~ economy, even should it cost % or so cen
sc per bale, would suggest TO the Planter
give particular instructions in relation TO Il
y keeping his cotton under shed; and WOu
further suggest, as general rule, that d
Gin Weights be marked on each bale as
,l;c guide for the weighers here, in case il shou
I, be wet or damaged when sold and delive
'ne ed. For the information of those una
sfs quainted with me, will state that am
ley native of Mississippi, raised TO commeTci
the pursuits, and somewhat familiar with Il
or detail of Cotton operations in this City,
,rm Cotton consigned to me during the seasc
rnt will be covered by open policies ofinsuranC
10, unless instructions are received not to il
sure. With tender Of nv survives, rel
efating the pledge Of strict attention |
your interests. should you think proper
mn use them.
L | am, very respectfully, &c.
L. MAXWELL.
'ell NeW-oFleans, Isl June, ls4i."
Look out for Mad Dogs!