The star of Pascagoula. [volume] (Pascagoula, Miss.) 1873-1878, 1874-10-03

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c1HPLfaGaTsHY ~ ". n. VAUGHN
TA0 ipllO9ing fesolutl0n as adop
ted
Received. That tho siaie Grange
expres.ci o Worthy Master Yaarha
oar appreciation n the ileliiy With
wiftch he has discharged tho dutirs oi
the office " Mistnr for tbs last lhrei
yrur., md extend 10 him osr earnest
wishes Tor his future happiness ani /
prosperity.
LIVERPOOL AGENCY.
Bro. Brdewell offered the follow
ing resolution vii ch was adopted
Resolved, That Bro. Geo. Tory OF
JclIarspn county, be appointed Agsnt
OF the State Grange OF Mississippi ia
Liverpool.
Committees on Direct Trade, I'm
Labor anl Transportation
made following reports, which we're
received aud adopted
REPORT or COMMITTEE on DIRECT
TRADE.
Gour committee opened n e0rrc
ipondence with several Liverpool
nercha Is in regard to the direct
'hipment of cotton 10 that market,
rom all OF whom great desire was
,vinced to enter into that trade, by ,
making as liberal offers for the sale {
,f our cotton as was awarded the {
most favored. In answer to this cor.
dependence, Messrs. Watts & Co, t
n person met your Executive Com c
nittee in November last and made {
arrangements to advance three-fourths I
II the home value Of cotton and hold a
I subject to the order Of the shipper s
the advance 10 bear interest at the a
ate Of live per cent. per annum. s
Az that time il will be remem cred !
hat cotton was almost unsaleable for t
ash, unless at extremely low and Q
ulnous prices, the banks refusing to t
,av out currency, and cotton being f
old in the ports for cert fed checks q
MY, on which money could only be a
ID aimed Nv selling them TO brokers d
1 from five to ten per cent. discount, 81
which OF course, was at the expense "
# the producer, and which, deducted S
rom the price for which the cotton G.
vas sold, reduced it very much beiow il
parity with European markets, by f
which The prices are generally co. b
rned, as at least two>thris OF our p
otIon has to seek purchasers in N
Dreign markets. G
This state of afflirs continued for
ONE time, with every appearance of {
Indefinite continuance, until come 81
irect shipments Of cotton hogan TO q
e made by the Patrons in accordance 81
nth the arrangements made with Ia
iessrs. Watts & Co., and similar n
lovemert by the Changers OF o.
}eorgia. L
When the capitalists who we're o
this oppressive move 81
lent of the monopoly OF capital on v
he producers, found that European Il
apita! was brought in competition il
nth them, partially released their Il
II Tsp and permitted the laws Of sup a
v and demini in some measure TO "a
ave their normal influence in the Ii
markets of our great staple. 81
The results of the shipments to Il
a. far as your committee is
has been satisfactory, and r.
when the benefit accruing from tne t,
produced by them is Il
aiken into consideration, lis value is ID
Il infinite Importance ; it po'hts out e
he means b, which we ca1. 10 Ii
,reat measure, secure exemption in Y
he present and future from the arbi- i
rary and oppressive acts of hume
capital. q
And your committee recommends e
-. II, A a,fsor hall H., folro., h., fla 4