Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1872-10-26
ADDRESS
OF the Committee appointed by thc
Grain Meeting, October ~.

Grain Meeting, October ~.
10 he turner's and BWinsn .u,n Of North.
oa Tru,
On the 18th Of October, 1872, a Joint
stock company was formed by public
meeting Of the farmers and business men
Of the city and county Of Dallas, 70 DO
known and designated as the "Dnllas
Grain Elevator and FIGURING Company"
The undersigned, by said public meet.
ting, we're appointed = committee TO set
forth In circular to tho farmers and
business men Of North Texas the objects
Of said Association, and to invite their
aid and cooperation in putting the same
into practical operation.
The objects of said company are to BEN
eft the people of North Texas--to free
thcm, as far as possible, from dependence
on other and distant places and people
md to render them permanently selfsus.
tanning and independent. In the post,
the people Of the whole South, for want of
diversity Of industry and pursuits have
been dependent on other localities for
many Of tho most common nesessaries and
conven fences Of life, from brooms, ax-han.
dies, wooden buckets and grind stones, to
plows, renpers, steam engines and rail-
road cars. This company proposes one
grand step towards freedom from such
vassalage, by building up in our midst q
grand, central mart for the produce Of the
farm-a convenient, safe and ever relia-
bic market for oil wheat and other grain
grown in North Texas, combined with
mills for converting wheat into flour, as
the farmer may prefer. To develops and
realize the full benefits of this idea, the
company is organized for two distinct but
kindred objects;
LIST. To erect in the City of Dallas, at the
crossing Of the Pacific and Texas Central
Railroads such large and commodious ware
houses as will recei:e oil wheat, corn, rye,
barley and Oats seeking q market in this
part of tho country; and to have connect
ed,with such warehouses, grain elevat ors,
by which oil grain may be speedily and
cheaply transferred from wagons or cars
to The ware room, or from the wareroom to
cars. This plan, of itself alone, brings the
Texas grain grower face to face with the
buyers from all parts of the country,
whether for shipment abroad, or for the
mills Of Chicago, st. Louis, New Orleans,
Houston or intermediate points, or for our
own home mills. The farmer, with his
wheat stored in these warehouses, in rail-
road connection with all mills and mar.
kets, North, South, East and West, will at
once become independent OF mere local
dealers and have the advantage Of com.
petition seeking his grain from all tho
points above named. lie can sell his
grain any day in the year for its actual
cash value and get his pay in cash. The
moment his grain is deposited in the
warehouse, sampled and receipted for, it
is equal to so much gold on deposite, and
is moreover, covered by an open policy o !:
insurance; knowing which, the farmer
can sleep in peace. He may bring or
send his grain to his merchant or agent
with orders to ship, sell, hold for higher
price, o: have it converted into flour.
And if converted into -four, lie may in
like manner, sell, hold, or ship, as his
judgment dictates. by thus concent rating
the grain of large scope of country Into
one central depository, in railroad con-
nection with the seaboard and the whole
Union, tho charges will be so light as
scarcely to be felt, and the farmer will
got the full value Of grain, at the highest
market price, with the lowest possible ex-
pense for the handling. The immense
protection and advantages thus secured to
The farming interests must be apparent to
every man capable of reasoning on u sim.
pie proposition. Tho plan is proposed,
not by speculators-for their interests
would be opposed to so simple and just
system, but by men deeply interested in
and building up the agrioultur-
Il interests Of North Texas, and there fore,
is entitled to the confidence and sup.
port of every farmer in the country.
ID. As auxiliary to the foregoing gen.
,ral facilities, the company further pro-
poses, unless individual enterprise shall
upercede the necessity, to erect in Dallas,
to the railroad dcpots, one or
more large and first.class merchant -four
ng mills, whereby the wheat grower may
ave his choice to sell or ship his grain or
ave it converted into first class mer-
hantable -four, for sale or shipment.
We know that we can putnew North Texas
our into Galveston, New Orleans, Havana
r New York from 35 to As days sooner
han the Western States, which is great
dvantage in our favor, amounting annu-
lily to handsome per cent. We know
qually well that at oil seasons Texas
our will bear Shipment to the ports of
lexico, Central and South America in
nitely better than the Northern or West
RI -four, and this is second great ad-
antage to the farmer Of North Texas.
nd VIC Of North Texas have still another
erpetual advantage over all other wheat
egiOns in the Union, namely, our home
larket N all of Eastern, Southeastern,
outhern and Southwestern Texas, soon
, be peopled by millions who caunot sue
sssfully grow wheat, and with all of 1
HON Dallas will speedily be in railway
Here are three distinct
1vantages Of primo Importance, peculiar {
North Texas, alone, in addition to our |
nrivaled nartural advantages in soil and s
innate. G
When the farmer reflects that with his I
full of wheat, corn, barley and !
Its, he has no ready or certain market q
r them that he cannot realize money I
them at oil times without sacrifice q
at it does not represent to him so much I
oney. That on the contrary the gro W er
cotton knows that it will ut oil times '
mmand a price governed by the markets n
the world; that it represents so much
oney to hDl; that he con ct any time {
alize money on it for his urgent needs,
is too without sacrificing it, he will see
c advantage that the cotton planter has o
er the grain grower, and that this is
used by the simple fact o. tho cotton a
anteIs having an organized market with ,
J facilities for handling, shipping &C.,
ID when be sees that this enterprise is TO :,
cure to him the same facilities for re- y
living, storing, shipping and selling his =
ain that the cotton planter has for his
tton, b, will then fully understand how I
d where he is TO be benefited.
Grain coming into market in season of
Q year when money is not plentiful, and
; that reason being worth the more than n n
zen cotton comes in, which periodically
ings great deal of money into the
intry, gives to the grain grower an
over the cotton grower, il facil- A
es for handling and selling are the same.
Can people thus interested hesitate in n
an enterprise so fraught with r.,
ID to themselves? Where is the wheat g
,wer, however small, who cannot take y,
Loo 81 ona eha RI fSl00l of atoct in m ael ~