, 1879-05-09
Chief Owner Of a Cotton and Wooden
Mill at Wesson, Miss, and an Oil
Hill on the River.
Senior Member OF the Leading
Firm OF Cotton Factors in
New Orleans.
The Only Man In tho South Who Has
More Spare Cash tllnn ilc
Can Use.
What He Thinks Of the Exodua, the
Convention, nnd the REM
cdiea Proposed.
From Our O1cn Corrtfpondtnt

Ru0F LlAk 4'YG 0ullt 1IltbGlk &IHFGakVH0s NAt
It's fnct. I've put $1,000 tuto 1t. think it's
prudent for man to ba Ills own administrator.
It's business. And I'm going to bo my own nd
m!uiatrator. That's tho reason I've built my
graycstone for ST., 900 cash before dicd.'
The speaker was Edward Richardson, Of jack
500, Miss., .........
Tuk MOST ACTIVE AND INFLUENTIAL BUSINESS
MAN IN M1sslssirp1,
Il not in The South. Ho mused IL moment, and
continued with chucklc:
"Did ye ever hear what Tom Young said
about my gzayostonel Tom had taken an extra
toddy, and he looked at my statue,--I havo
ltfe-eizo statue On tho top Of my grasestone,-
and he said, said Tom, There's old Ned Rich
ardson, by heaven, With one eye on tho Touf-
tentinry nMd the other on thn Capltol.'"
Old Ned Richardson Is constantly after con-
vlct 1abor and lie IL reputed to be- tho proprietor
Of the Legislature when bo wants tob be. atl,1 lis
statuo faces the Capitol and the Pcuttcntiary, as
Tom Young sud It did.
Ilr. Richardson lives In Jackson, but ho has
property interests all over the State. lie OWNS
nineteen plantations III tho murvelously rich
river country above Vlcksbura, including parts
Of Washington anil 1ssaQucna Counties and the
Yazoo Districts. Hc has $1,000 arrcs unacr
eultl7atlon.-15,00o Of them In cotton. He
raises above 10000 bales, or 45.00o,00] pounds
OF cotton annually. Hc has 5000 acrcs In coru
nnd oata sor tho a,,nnort of bIs xtoctt nm, hls
.,a IT,, ~ ~ ~ ~. ~. 1n,,a a,,a,.,,' Sa '
peop'e' ANU sct 'e ""s no' '''iu c"oae'''
sell Ills place for cash, he applies FIRST 10 old
Nc1 1,tchart3son. knowing that from him le w!,
ret a cash offer, though a low ono. beard MIR,
Est y, essn otte,, 1"s ~" VIZ 49,
5000 cash for land which the inter valued nt
,E1E nm. and ftp,,rtl tho offer tyns Mt frat m.
fused, was under the Impression that it wonld
ultimately bo uccootcd. Npr Is Mr.. Richard
son,a dIstinct,ou derived only or spIclv from Its
n1ant,ttons 1o ] contro,. to co,t5 ,,a.1c, ~
pianlano1S' iio co"'ro'o .nc eotto' ''as1ct ~ p"
higher degree than any othcr HVt1s man. TIC Is
THE TOLD HUTCH u or NEW ORLEANS
wbrn he takes snuff all tho other brokers
sa"s,, A. n,a,rhor ~ ,1,o nr.t ern, In ,,olt ~
volume Oh business, he receives anu assposcs OF
moro Than 1oo, ,ooo bales Of cotton annually lie
Ia the heaviest exporter. lie has constantly tho
largest supplies on halll. Fur Iustatlcu, when
cuttou sold soon uttDr the crop was marketed
~ .font corta o,,a D., frnctton In ,,rnt bocl .ho
na.@ " us ssop' ~ '1u' NUN !'o'' " ~ s''so
FcbraasS' Last week he ict lot 70 1oT IL ahd
IL cents. f11 Inns Still 100 bales buck. OIL which
ho cxpccts to rcalize over 10 cents rs cotton Is
advanr,n,' ..Y h.,,n,t wntmi.n .sii AIR.
I"saus'' a'., auA ""1s". ea'" , ~
NlenaEusoh, - "ohla hh'e equat ioses On 'ne yeh!'
But I'll make ltttlo something on lust year.s
Crnp, md, II tlle Indications fur tllis year don't
lntl, or this exodus don't brrnk til,IEa, ought
70 clear $4,000 to 800. .0o0 TN tl!a ycar." Mr..
Richardson was not bDastl!1g. These statements
wtro prIsd out OF him by questions an othtr
points. Ills etrcwdness rs . cottou-1calcr Is
evidenced, moreover, by tic faet that, while !lc
IS selling at tho higlest price, he bought Ut file
lowest. as chief owner Of
THE COTTON AND wooLHx MILLS
isso, 1es.. ~ ~ "tnsH ~ n w. INV au too
buy 4,3NO to 4.3OO ba]es Of cotton annually near
. the mills. when lo does slut plaut hitnsclf
AN th!a WAS put IN ~ eight yu.,ts md fraction
per mound, Ii IL could be sold now thu prot1t
on Il would be about $85, ,00U, This would nuke
II worth while 10 closu tle mills, but for tic
tla1owirg Of tl.e operatives OIL K employment,
II Is not Simple thing here, where nuw !antla
would be hard TO obtain, to Slut down Wurk
and ict the operatives Ep uutl OIL this nccolJl,t
Mr, Richardson llas not atteu,,ted to rcIuys
wages during all tho bard times lie saws, III.
deed, that
r,Irsr COTTON uft,s Ann puor,r.n,r
.,, .horo !. oe,,so,,,'a,.,', -. sa.,.s No.. ,
anu ine.e 10 consequently w ieason WIT Wages
snou!u ~ tsunsGu' LIZ na!Its setutn nnnut !SA ~
per- eei t.su'asiS m J nc .ptat ~ lhses.Su. I'M. amg
coton s.,of uss ~ ~. no9sn. . ~ tme anof, al'u
costs usua . KY, ~ as1 '.eaon ee'ts 'ess pel
pouaa lnah lnaL hsea IN a!assae!lusette ~ ',la
otay s'cS . eo.tnn nn1 @ ~. {e9r t,s wonaa pe
M Mal',cIoucs VI - pe1 eelt ~ laroF VI iLe selL,
1!e la1of hera Is .,i aIan e'saper; A'lu Wherever
wv enpa.A! tln oe o'ia'htu ~ fnasuH"tH lales
saen el,sesfr1aes m tIe opinion o1 atT. Asclard'
sons aTa a!"Ays oounu 10 sueeeca.
Ihetr suesess e,,ss Woaiu 'neas moro. ~ heltayes
also, 'han snc pr0at u u tsw tortunatc individ-
pi"s.,aL r.. ,xns,n,,.,,, ~ ~ VI
arc Ia sassaeh,sstts' tt. lahar uSa",u ~ w.,nt s
h. anyntI. Titro wt,ulI] bs n1srn r., iva luhnr
Whit, en,,not INV ho e,nn]nvrd In tI,,. TrLI
isnny whfies nntf ,nrmhrrs ri H.. ,,e,,rn fn,niI,
vim ar,. ,,ov h,,r.Ir"x ~, thp rn,nnnity ,s.,,i;
~ "'' VII ''0 @S'''""'' "o"''
nrx.n.w,xxru.
VI ut.,,,ua.. s.,..., " '',.,s.'a
All, nlcna1asos ete! , nuoeI @ a. !,'ssnsces u
nusouso paups.s, mte 1a s ,,st, eni'eu, WIZ i'at
neeois ~ ssmaas.anG ~ lnG ~ ms saas: a,a assetteu
at so n oat ot 1e ~ ~ , 'Ets, irs,',@9 ~o1
, nYu s% ao1e ~, otnS n s THE ,ua u%n menoo"
lazy nau hot ncet onSseo aMsse M sltunnos.
f,aa asaya s ,x w 'n ,n,y s WI" ~ ~ ,
pace. aln a'lsmct W, Mas tnat Ivy Me!n lf'eM w -
.hS to!st q noo In W ses. ..i nv, ~
III !nl,is ~ usc l.aV9 nass III "oos, W 4
.Vu pouaas Ma W t'u WON. W W. WEI " ~,
W. eoi.o ,h ,u,,lm T. oInaG r1ry ~ r aoar Oh wuSona
!tM .Ae ne'Emporsns co'.n'rS. 1suh7, sLrlpau ~,
;,, eot.1,'s' anu uIoMn sn eoods afe uie p''ne'pa
pronuGts g! ~ !!ti.!s. -, ,,.,,, 70,
ar: h'Stattlson n"ns cottnn.seea uia n,lil o
a' a.ls6!ssslIa ana Una hhau5 ot'rs s!'9't 4 ,enu r.