The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1866-10-13

tesstrIegions upon Cotton Removed
Moalhoatlons Of the Treasury ReQu-
Aa6lone-Al Cotton in West Tenres-
see Allowed TO Come 20 MeBarhig.
We learn that the blanks and other papers
necessary to put the Treasury Regulations.
under the new tax law into operation, have
not yet been received by Treasury officers IN
This city We also learn that the United
states Assessor and Collector here have been
permitted BY the Department. in the mean.
time, TO adopt such regulations as NAV be
necessary to enable planters to bring their
cotton to market without delay. According
~ It has been determined, in the absence Of
the cumbersome machinery provided under
the late act, 60 permit all cotton, in any coun-
y throughout West Tennessee, to be moved
to Memphis, without being previously weigh
ed and marked All restrictions, therefore,
upon the removal of cotton from the place
where grown, unless it is first weighed and
marked, are removed, and planters in every
county, between Tennessee river and the
Mississippi and Alabama line, encounter no
obstacles in bringing it Immediately to Mem
phis Here, the provisions Of the law will
be complied with. Here, it will be weighed
and marked, and the tax collected; and here
too, 1t will bring as high price as elsewhere
in the Unioni
It's 4 fact, not generally known, that
Memphis is a better cotton market, for all
short staples-for such cotton as is used BY
the Northern msnufaeturer-than Louisville,
st Louis, Cincinnati or any other Northern
or Southern city. The reason is obvious
Here, we have the cotton factors who
thoroughly understand the sampling and
grading Of such cotton, and here, too, we
have the buyers for the Northern mannfac-
turer. The result is, that for all short cot
tons higher price is constantly obtained
than can be secured elsewhere.
Indeed it is doubtful if more money can
not be obtained here, for all classes of cot
ton, than is realized in New York. There.
they have set Of cOrmOrants, who take of
slice for repaeking and another for sam
ping, and the factors have such monopoly
that no cotton Is sold without passing through
their manipulating machinery Then comes
their charges for various and divers purpO-
ses, till there is really but little left to the
original owner
In the New Orleans market the short sta
pie fares poorly, because there are few buy
ers for it It's different with the long staple.
There the European purchaser comes into
market and buys it, to be mixed with the Eu-
ropean eOttOns, which are short staple.
Thus it may be safely affirmed, that Mem.
phis is the best cotton market in the Union
for ell short staple cotton, and that even the
as elsewhere. All who have tried it find il
so.
The fact that cotton from every county in
Vest Tennessee will be allowed to come
here, without let or hindrance, will doubt
less throw upon our market some planters,
remotely situated, who have not heretofore
tested, by actual experience, the benefits Of
the Memphis cotton market, and it will be a
fortunate circumstance if this Onerous and
oppressive tax en- cotton and the cumber-
some regulations necessary to carry it into
operation, shall discover to them the supe-
riOr advantages which Memphis offers as a
cotton market
In q few days, it is to be hoped, arrange
ments viii be made to enable the people Of
North Mississippi and North Alabama tO
bring their cotton here also, without waiting
to have It previously weighed and marked.
This will be a great benefit to the planters
In those States, which have always under
stood and appreciated the superior advan
tages offered by the cotton market at Mem
phis.-Mempbis Bulletin.