The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-11-01
COTTON BROKERAGE THE INTESTINE
WAR,

Our neighbor, the Times. throws flood OF
light upon this interesting controversy In Its
issue Of Friday morning, as thus:
Tho Times has hitherto foreborne 60 comment
on tho discussion which has. for soms time.
bsen going. On with reference to the brokerage
matter strictly within tho trade. and which the
| truio Ia fully competent to settle; and IN the
SECOND place. outside agitation of the question
could 10 no OEaiblo good, while 1t WINS baing
| canveased by the parties most directly inter-
| estad.
ono would infer from this ponderolls exor
dunn that tho Times. after having convicted
tho other papers Of indecent haste, and hay
ing struck florid Turveydrop attitude for
their benefit.and guidance, was about To fire
| ct IT, views and to clarity the muldle once
| Tor all. But the Times does nothing Of the
sort. Ii stalks majestically through the con-
troyersy, shedding steady stream of clreum-
locution from every pore, telling US that the
Cotton Exchange is the wonder and admira-
ton Of the world, that its perpetuity Is Indis-
pensable. that matters OF this sort ought to
be discussed with vast elaboration, etc. and
thus, at great length and with princely
prodigality In tho matter OF rhetoric, say
ing nothing.
1rreverent and fippant persons might ask
why the Times, since 1t had nothing to say,
did not say II without talking 50 much. We,
however, do not put this question. We are
neither irreverent nor hlppant. and If there
be one thing which we admire moro than
anything else. It is the magnificent periods Of
the Times. There Is combination OF splen-
dor and lnoffensiveness about Ii which makes
our brisket heavo with pride and Joy. Never
theless. II occurs to us that this question Of
the brokerage s not one to BE- dismissed and
shutlled out Of the way BY papers affecting
To cherish the material interests OF tho peo-
pie. 1t is all bosh to say that II is a matter
within the trade and ought to Be settled
by the trade Il looks like faInt-hearted
trimming to turn over such an issue to the
factors and tho brokers and to tp-toe away |
with column or 80 OF fine writing to tho |
effect that there's hen on" This affair |
OF the cotton brokerage is not question |
strictly between the factors and the brokers' |
Ii LIZ not question In which the public have
no right TO participate. The issue IL really |
between the brokers and buyers on one side
and the planters and farmers on the other.
The factors have not a cent directly at stake.
me brokerage OF q per cent which is de-
does not come from the factors It
s paid by them on account Of tho planters
and Is charged to them In the account sales"
The controversy, then, involves the question
whether the planters shall still be compelled
70 pay the brokers q commission for services
rendered, not to them, but to hostile in
crest, whether the commerce OF New Or
cans shall continue to suffer under charge
which is constantly intilctIng IN njnry-and
vi this simply In order that the brokers and
buyers may continue to collect commission
% which they have no shadow OF right either
N grounds Of equity or upon grounds or
public interest.
seems to us that this Is o matter In which
he newspapers have u most peculiar and
PRESSING call to participate. The factors are .
making the light unsefishly. Il ID one which
annot affect them pecuniarily whichever
way 1t may be decided, but which will bear ,
tery heavily upon planters and upon the COM ,
nercial interest OF the port III 1t should end !,
y fixing and perpetuating this charge upon
he planters O. course, II the Times does =,
ng interest as opposed to that Of the brokers
NJ buyers. the Times is free to carry out its ,
Jews q policy; but it is absurd to say that y,
nc question is q mere squabble within the :
rade, and that no one outside the trade has ,
legitimate interest in 1t. That proposition
mere humbug, and the Times knowsit For !,
nr part, we wish 4 explicitly and distinctly y
Understood that the DEMOCRAT is heart and "
'ul with the planters and the commercial !.
terests OF New Orleans, and that we shall !.
zht y out Ga this line no matter how many :
lmmerslt takes. =
"A -