The patron of husbandry. (Columbus, Miss.) 1875-1883, 1880-10-23

SOlIlIIllSSIOnS OH OO,ONO DdlCo, say POOfO~
On orders for supplies, say $25o,-
600, at q per cent.............. o,25o
Loose cotton and samples, $50
bales at $40 per bale. Io,4oo
Rebates on insurance 6,5oo
Rebates on storage 1900
$95,I5o
Deduct estimated expenses of con-
Quoting the business............. 1880
$4,000
Leaving as a net profit to be divided
amongst the customers, $85 600, or at their
will, the amount might be applied to the
purchase of a warehouse and compress in
this city, and thus enable the planter to
handle his own cotton until it is placed on
board the ship. The results are simply as
tonishing. In the language of one of the
first minds of Tennessee, "the system is
eminently wise" All that is needed to
accomplish greater results is to combine
our efforts"
Thus the reader will see what an i'm
mense benefit such an institution is to our
people.
The usual perquisites paid into the cof
fers of a regular commission house on
business of 10000 bales of cotton, will pay
all the expenses of running ours, and the
result would be that the whole of the COM
missions would be returned to the customer
on the same amount of business.
To make clear to those who do not fully
comprehend how they are advantaged: A
customer shipping Is bales of cotton, the
commission on selling the same and filling
orders would likely be $685. if on this sum
dividend of so per centwas declared, he
would get as his dividend $25. l ask, is not
this worth saving?
A few who have taken stock seem to
think that the yield on the stock must be
large. They fail to understand that on the
Rochdale plan the stock only pays interest.
The most of our shareholders own only one
share, viz: S., which, at per cent interest
is only 4oc., but the profit to the sharehol-
der is in the business he does. 1t is the
same in retail cooperative stores.
Let it be understood, that before divi-
dend can be declared the expenses o. con
Quoting the business must be paid, and to do
this, we must have the business.
| Many of our stockholders to this date
have not sent us any business. How can
such look for proftss We now decline to
issue stock to any one who does not prom
| Use business.
~ 'e" VINO have lane some business
-, '"r'ttnr Y about the dividends. NC
L HiuiJaY1I will obS,N"N so
oV,Ie"u VIZ declared for 1879 and 90
der the circu'-A'ta''' 90
enterprise may, ready pronounced q
success. The past summer has developed
an accession of many friends-brother'
who understand and appreciate the advan-
tages of the system. Our business the pres
sent season must develop gratifying results
to all who are friends ofthe system.
To our friends everywhere we say, de
not be impat tent; we began in small
way: a gradual growth is the most healthy
This is only our third season, (ISSo-9I)
In all that time we can say with pride tina
all business has had prompt attention; ac-
counts of sales ofcotton have been prompt
ly rendered. All drafts have been promptly
met None, in correspondence of 9,ooc
letters, have, so far as am advised, have
been materially dissatisfied. If any exists
the General Manager sis very willing tina
such may be published in your paper.
beg to add here that general thing
our Gu stomers have promptly drawn thei
balances. There are few exceptions
There is one notable instance brCthel
whose modesty would forbid my giving hi
name. This brother FLUNG himself inte
the system from the very beginning, send
ing to our Association over 100 bales sea
son-in all, nearly 400 bales. He never
wavered, never mistrusted the management
of the business, and always kept handsome
balances to his credit. He never manifested
impatience but once, and that was on thu
, streets of the Capital of Mississippi, when
alter hard days canvassing for the Asso
cation, he became discouraged at the apa
thy OF the brotherhood, and turning to me
said: GIRO. Carve, II / were III yU,l, praUt
would take partner and go into regu
lar business-the people will never make
cooperation success" Mr.. Editor, yot
may KNOW L nave tnat DrOtner IN my heart
But write to the disparagement of none
We have many small customers as true a:
steel; they have never wavered, and theil
hopes for the building up of a Permanen
Institution in this city will be realized
one that will continue when the present
builders of it are in their graves-an insti
luton that will stand as a monument to the
patience and wisdom of its many votaries
, began this article simply..to explain oul
method of doing business. have inciden
tally alluded to some facts of its history.
will now conclude by stating that the AS
ISOLATION is bound to be a success, by which
mean that the patrons from the South
western States, especially Louisiana, Mis-
sissippi, Tennessee, Arkansas and Texas
will establish in this city Great Central
Cooperative Institution to bless us and
our children. Fraternally,
THOS. ]. CARVER,
General Manager
H. 0I Hill Al