The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-04-14
THE BUSINESS WORLD
COMMERCIAL

COMMERCIAL.
DALLAS, April 10, lS33.--Cities, like indi-
viduals, have their respective and peculiar
WAYS of doing business. The mode of ope-
rations in some based on the relationship
between factor and customer differs from
others as much as night from day. New
Orleans, for example, became great ana
opuent city by virtue OF its broad and
liberal dealings with the planters ana pro-
ducers. New Orleans is only cited because
of want OF space to refer to other cities and
the general acquaintance OF the HIRALp's
readers with the history of her merchants.
The keystone in her arch of ante. bellum
prosperity lay III tire simple fact that The
generous policy OF advances ON growing
crops developed the great tributary terr-
tory, attached planters TO the business
leaders and made things comfortable gen,
orally. The proc, IS was simple, legal aud
eminently successful. The commission man
would take stock in the incoming crop
and thus promote II community OF Interest
between himself and customer. The HRR'
AID advocates the plun, and in brief Will
state its reasons Tor suon advocacy. We
have rich but undevsiuptd surrounding
Money Is required by planters for improve
ment and cropping. AT presentlt eau only
be borrowed from money-Icnders.. They
require abstract Of title TO property pledged
rs collateral, the highest rate OF interest,
aud only act through agents, who charge
from to 10 per cent. commission. The
summing up to borrowing planter on a
two-year loan even, would be from 10 to %
per cent. interest, This will swamp and
destroy farming and planting interests. On
the other hand, II the factor can advance he
gets and asks only the per cent. interest,
and with his interest in farmer or planter
aid him In every way to secure its pay
lnent, whist iavorlng him in event OF adj
ventitous circumstances OF flood, fire,
prevailed there would be no
failure OF the merchant to get sufficient
capital. His creditors basing their venture
in him on his business would be thoroughly
informed Of his affairs aud rely upon his
hopes and securities. The result would be
the great AID early Improvement OF the
face OF the country ana u condition OF
planter responsibility and Importance akin
To that which made them the landed gen.
try Of the nation and u class in full brother
hood with the leaders aud controllers OF
commerce. Can this be done The HER
AID acts and speaks on the principle that
what has been done can be accomplished
and that the system will make Dallas the
k,eao 0el d, U, tho ou''oii ihteIost Vi horlh
texas, Inc HERALD, after investigation
iinds that nothing IN our statutes iorDids
the contamination OF this policy.
ON CHANGE.
=, Ihere was only hight business done on
the exchange to-day, corn being the great
attraction AZ this time. The arrivals are
light both ny rail and wagon, but the
season Is 80 lar advanced that orders are
not as numerous as they have been nor are
the demands SO pressing as they were few
weeks ago. Still orders come in literally,
hut there is nearly always a proviso AZ re.
CARDS price that produces the possibility OF
below the local wants and retail dealers are
now, getting their supplies largely from
wholesale dealers, There is little wheat
coming In, but not enough to affect quota.
! tions, and really choice article free from
weavil Will bring dollar ut the mills. MlIet