Vicksburg weekly herald. (Vicksburg, Miss.) 1868-1883, 1877-11-30
Charges on Cotton.

The articles which have appeared in
the HERALD within the last day or two
furnish additional reasons for holding
a Planters Convention in this city.
Our Cotton Exchange claims that Il
wishes to build up largo cotton trade
10 this city for the mutual benefit Of tho
city and the producers Of cotton; the
planters want a market for their cotton
where tho charges for tho sale of il
will be as light as they can possibly be
made here is The basis upon which both
can act. Let the planters come in large
numbers and talk over the matter, aud
then the members of the Exchange
will be presented an opportunity Of
discussing all things of interest touch
ing this great trade. We have read the
articles of both sides with great inter-
est, and VIC are satisfied that all differ.
ences can be arranged when the parties
are brought face to face, as would be
the case IL the planters met in Conven-
ton here. 1t is plainly to tho interest
of the planters and ofthe city Of Vlcks.
burg to have the charges on cotton
as fair aud as low as they
can be made. 1t is 10 the
interest OF the city, for the more
reasonable the charges are the moro
cotton she will sell and handle ; 10 the
planter, because he saves money BY it,
Our Cotton Exchange proposes 10
build up the cotton business on this
principle, but one OF the most inielIi-
gent planters in the county takes issue
with the city on tho twenty-five cents
a bale charge for storage on the
sale Of cotton. The Exchange replies
through its Secretary, by claiming
that the Exchange is not responsible
for the charge, inasmuch as il is made
by the Compress Company. This ar
gument 10 plausible, but 1t will not sat
isiy the producers, for II is hardly
sound. Tho responsibility for com
mertial customs cannot thus DC shifted
from the proper shoulders. 1t Is true
the Compress Company makes lhC
charge on all cotton delivered to 1t o
rs cents bale for storage, aud for thi
charge it will store the cotton who'll
month, or if it remains only ont
day, the charge is the same. Th'
planters bring their cotton to VicIs
burg to sell, not 10 store il they cell
their responsibility, it seems TO III
should cease; If they store il, tho
should pay the storage, and we mus
cay that the Compress Company is no
to blame, for tho charge ia not an nm
reasonable one. To make this position
palmer, we will present n case tha
might occur any day in the week. LIE
US suppose planter sells buyer l0
bales and the buyer ships it tn
same day, would It be just TO charge III
planter $25 for storage? Certainly
Yet this is the position assumed by th
buyers. | a buyer purchases cotto
and wants to store il, he ought to pa
the storage; il he wants to ship
without storage, that is his bushes
The Cotton Exchange attempts
avoid the question by saying Tint
does not make the charge, and lhat
ia made by the Compress Compan
The Cotton Exchange was started
uakc customs fair aud just to Dol
seller aud buyer, and If II sees that Il
buyer i3 insisting upon something III
Ia unjust, it ought TO use
It's power TO stop II. The L
change has Not done this, al
10 this extent It Is blameable, The i
ly sophistry of some Of the buyers, Ia
, Vicksburg ought TO do this becau
other cotton markets do it, is also We
thy of a word of correction. II Wei
: burg intends TO govern herself By I
unjust and injurious steals aud char
1 enforced at other places, she ought
;, stop inviting planters to ship colt
d here on tho pretense that she ia off
Y ing superior advantages to sellers. /
4 Vicksburg, by her aclq, prove 10 I
world that she will do the fair thing
u the cotton trade, and she will soon {
II the happy effect.
, IL the town Of Auburn, OregC
1t gold diggings have been found unC
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