The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1885-04-01
A VAST AnsuRpiTy.


NY attention has been attracted to
an article with the above caption APP
pear'rg ~ your issue of the 25th inst.
After reading the same carefully, |
fail to note wherein your correspond
ent sustains his position on Logical
basis, to my MUD he substitutes fall
lacy Tor argument. tits an easy mat
Ter for farmers 20 con, ince them
selves where their interests lie in the
matter of dispOsing of their cotton,
wool or other produce, and as rule
they are shrcwd enough TO do e.
The substitution of spinncrs' agents
for cotton factors, is no abolition of
middlemon, rs the salary travelling
and liN my expenses of sucn agent has
to be paid TO-, and they congregate in
the largest numbers at points having
the heaviest concentration of cotton
and wool shipments, such points af-
fording them favorable opportunities
for making large and frequent pur-
chases of,solid tables of such grades
of cotton as accord with the wants of
their mills, on the WISHES of their
principals. This same rule will ap-
ply TO purchases of wool, the advp'l-
tages IN such condition of things
are economy in dispatchiug business,
avoidance of the loss of time, as well
rs the liability 10 loss of money, ia
unloading any undesirable sorts, that
ncce ssarily entail in purchases of
snail mixed lots, of either cotton or
wool, also enjoying at these points of
concentration, 1louston and Calves.
ton) the best facilities for obtaining
m''iimum height rates, rail, steam,
aud sail. Competing for such bust
ness, besides the best facilities in the
state for negotiating their bills of cX-
change, with which such purchases
are made. Co ton factors, banks and
jobbers competing for same.
Your correspondent is no doubt
honest aud well meaning, probably
euthused over the phenomenal sue, ess
of Waco. aud her attraotivoness focal
ling such heavy receipts Ton short
,.'op) as She enjoyed last fa'l aud " IL
ter. Conditions like these are well
calculated TO have such an effect, aud,
~ is not my purpose to attempt a de-
probation of her claims TO al she has
enjoyed, as they appear the legiti-
mate children of combination of
circumstances justify ny it. People
of correct conceptions, hayir al bcart
the prosperity of our great common
wealth, do not Dcgrudge the
Central CITY, what her br .ins capital
anu envIg, have Won for heI on the
, ontrary ,ney hope for continue
Ion of 1t. Her railroad facilities hay Q
been utilized to their flu" value.
Dwaricd indeed is :he CONCEPTION of
the Individual fnilingto realize that our
slate eau foster, nourish and increase
pn places md things within
her domain or seeking n
Judgment therein, that are pos
sessed of genuine merit aud uupreju-
diced. intelligent business men recog-
ni:e that Waco is point en-, oy ing
certain facilities that render her an
economical distributing point for a
given area of surrounding country,
aud her transportation facilities are
equol to any Interior city-possibly,
superior. With 81 understanding on
this score, vii proceed suggesting
that the adjustment OF middle men is
not desirable III " connection, so
long as they serve good purpose
and prove economic mer is and profit
able adjuDcts to business. Where
they fa' in accomplishing good they
are commercial barnacles. 1t has not
been my pleasure to read the articles
appearing in the Missouri Republican.
referred TO by your correspondent,
CO Wing forth the follow 'ng criticisms:
ut is no less a job than to convince
the producers OF Texas cotton and
wool that it is to their interest to re-
establish a large class of middle men
with heavy commissions and quit SELL
ing direct to the spinuers. Ha, ing.
through long years OF commercial eY-
olution, succeeded in eliminating, N
large measure, the middle men, other
wise cotton and wool factors, with
their onerous charge 1t Is histor-
ical fact, applying to all parts of the
world, that cotton, wool, hide, grain
and other commission houses have
continued to grow aud increase in
aud capital IN ratio com
with the increased produc-
ton OF these articles, show ing conclu.
sively that they are desirable, necessa.
ry and profitable adjuncts to trade.
The reasoning of your correspondent |
carried out in other directions would |
tend to the extinction OF steam as a |
motive power, machinery as al econ |
omizer and banks rs business lever |
ngc. The correspondent of the |
5. Louis paper in question |
evidently has his eyes open to op- /
pOrtunities that are ripe in the inter
est of his city, New York, New Or
leans aud other points located III
other statcs-doubtless striving TO
have bis own city utilize them in adj
vance Of other places. He no doubt
has in mind the favorable enAcinunts
Of our leg stature, made against the
interests OF our people aud in favor
Of cities of other states. OF course
i would not be polite in him to put
he case as do. Such conditions a.
iamed are no doubt the underlying
,ausc for his argument Dnd discus
lion. The indiscrcct. damaging aud
or charity's sake we will term IDI
; lorant legislation In question. has
Inverted cotton shipments from our
rcsas cities, Houston F'Id Galveston,
ND the result has been u SAVING tn
manufacturers only, aud loss IN
many cases TO producers. II las re-
ulted in loss To them IN this " Use:
Ihe unfayorable freight conditions
'Xisting by virtue OF present laws
AVE compelled sales at interior
POINTS for the reason that spiuners
gents could ship from such points 10
heir own advantas whereas If the
nilroa1s were untrammcllcd they
would have made rate 10 lIOus on
nd Galveston, that on basis con
'sicnt win those made ON long
nnl to pOluts out of the state, aud
N Il just or equitable pro rata basis
10 d. creased freight charges would
ave been that much more money IN
le pocket of the planter The for
ler condition of things q sting
rior TO such 'rjudicious law making,
incontrovertable proof of this. At
Ionston I'd Galveston the spiUners
70 represented by such strong firms
Messrs. lnman ~ Co, At neither of
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