The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1886-11-17
THE CHARLESTON FACTOR.
THB WAY fMPEcUN1ous COUNTRY aupG-
SoNs CONTRIBUTE TO his WEALTH.

FHR WAY IMPECUNl0US COUNTRY GUDG. Z
SoNs CONTRIBUTE TO his WEALTH.
The People Greatly Pleased With tie !,
press and Banner" for ThfowinE. !.
Light Upon Ruinous Practices.
tsEmmet's'' Able Defence or ThiS
: Newspaper.
Editor Press and Banner:
i I have read with feelings Of scorn and dis.
gust the unwarranted and uncalled for attack
It's articles and exposures concerning the
Charleston cotton factors Every man, aye evs
cry woman, (and many q one to her sorrow) ih
Ahbeville county, knows that you wrote the
simple. honest, unvarnished truth. And ev.
cry man (and every woman, too,) In AbbevilIe
county, except indeed those who do
from the bottom Of their hearts for your brayos
ouispoken words. wish. Mr.. Editor. that
your articles had seen the light two years ngo,
for friend of mine; lost on q ttlfiing debit
(somethihg over one thousand) eight hnndreH.
dollars in one year through a lnck OF 4 noWIs
edge Of the cotton factors devices and ma7
in life, and thank God that these exposures !
have been made, fOr'I might have been in-
duced to walk into their parorn and thereby |.
Courier says the ASbeyle farmers are sre .H ae.
thcr babies nor idlots.n.y No, we are not and,
by the same token we do not propose 10 have
farmers Of South Carolina are sick and tired |.
OF the Neus and Co,uter's try.to. boss-them !.
airs. II an editor any where IN the State
icism upon any public question, the Ney, and !.
Courier assumes the right tn read and tongue :
! lash that editor out Of the Democratic partly
Farmers. remember one thing and that Is
this, that some Of these abused editors were. /.
Democrats before the versatile editor Of the
Mews ana Courier ever saw the shores Of South
i VI -.
pride Our home editors fought through the
civil war and We're manned and famed. then
come home and fought tho long war OF Right
against Might in thedark days OF misru!e nnd
corruption, and came out with clean hands
hands that scorned to touch Radical soap
or "Rcpublican boodler' Can every editor
groph can enlighten us benighted Curoiinians
on this subject Open tho books! !.
The Nc,rs and Cou,ie,, speaks or the "mar.
It's % obiquI,y Of Vision. and and Tall talks s'a nSou.e
"jokes" and tries to ridicule and laugh away,
the terribly truthful indictment that the
Press and Banner makes against the Charles..
feels itself to be In the right, why does II fnd
1t necessary TO resort to ridicule 70 defend itsS
position? Why not apply Its deadly parai.
only further betray the hollow rottenness and
instability OF itsdefence. Itgarbles the truth,
I. e. the statements OF the Press and Banner In
an OUTRAGEOUS manner, SO much so that I
!. =
myself
The Ncus and C5u, The Press and Ban.
.'rne Pres. and Ban ". III r. It was not for
ner, for instance, asks Charleston's influence,
l whether IL was not ut does anybody doubt
the instance of ChRr-,that there would be u !,
lesion that the rate Oflaw on our statate.
interest was raised books which would
from to 10 per cent, prevent the Charleston
and asserts that hut for factor from charging 10
Charlesions influence per cent. for the use of,
! there would he u law his money, aud at the
on the statute book same time binding ne
which would prevent country merchant to a
the Charleston factor contract Thereby he
from charging 10 per ,0ouid pay 20 or 30 per
cent for the use OF his cent. additional"
money"
| Even the Ne,rs and Courier, with all its sti.
per abundant "cheek." did not possess the
hardihood to print the Press oad Banner.s :
ing part" Who objects to the Charleston fac.
tor charging 10 per cent. for his money! II
Abbcville farmers and Abbeville merchants
could get Charleston cotton factors money at
ten per cent. straight, every merchant and ev.l
cry fnrIner in Abbevillc county could get eyei.,<
with the world in less than iye years. It's:
the 20 or 80 per cent dtiondL that Is running.
the county. But there Is always ray OF hope :.
in the darkest night, and It Is some consola-
tior to know that Charleston has about killed
eyes and ears open as l pass through town or
country, and from what see and hear the
condition OF the factornge business" will
ly but 1t grinds exceedingly fine." 1 see at the
different depots throughout the county that :.
seuen cars are shipped westward for one TO
Charleston, whereas the situation formerly L
was that IL was seven ~ one in favor ofS
Charleston. This means simply this: that.
our farmers (and merchnnts) being, as thes-
| lots" have come to the deliberate and highly.
to-be-commendcd conclusion that 1t Is better
for them to pay to the ubiquitous Andrew
Jackson Shyl0ck & Son, cotton factors, their y
|
their socalled forfeit OF $50 per bale, and sell
their cottoh-at home.
Scotland the Highlands levied just such tax
of the Lowands, and 1t was called black.
mail ; but the situation is now reversed-the.
fruit fruitful % fields % Of our Piedmont mt Highlands. It,
wrings my heart to think Of the widows and
orphans made houseleSs aud homeless on last
Their The properly sod under
! half its value. and In one case for one-fourth,.
its value; and yet the Ne'os and Courier says. :
that "scores of factors have failed. because OF
| the inability OF the farmers, in hard times, to
repay the money advanced to Them" Whu
ever heard OF cotton factor who failed TO
secure blss They hsS a%sys Re
mark" They require man s house to be In
sured foralmost the amount loaned-they fas-
ten their fangs on the wife's dover. and over
and above this iakea mortgage for four times
the value OF the money loaned. Farmers,
does not this remind YOU OF "the pound Of
| flesh nearest the hearth" Shakspere Is dead,
but Shylock lives, and lives in Charleston!
| have heard 1t stated that 1t was the extor-
tions of cotton factor that opened the
"mouth OF the dumb In the case OF thai
grand leader of the farmers movement, Capt.
Ben. Tilmun. If so, we farmers ought to be
grateful to the factors for this boon. In his
speech delivered at the Farmers Convention.
| In Columbia, on April 29h. Capt Tillman, a1..
luding to debt. says: ~ have been In that
Bastile myself. l have felt the waters rising.
higher and higher, and looked forward With
out hope, as failure after failure In the cotton
crop left nothing with which, even to pay In.
tercSt. had to sell some land which had
but the probation through which have pass
ed has opened my eyes" This reads Ikea
cotton factor "had him." any way.
Mr.. Editor, have talked to a number OF
people since your articles appeared, and every
one Except q lawyer, engaged in the busi-.
in regard to fnctor's eXt0rions. think. sir..
that you are like Gambetta the hero OF the
hour" ... 4 S
the farmers TO deliberate on. AS 1t isverG
probable that the Hon. w. H. Parker will baf
elected Judge think IL IL our duty to select
as successor, II lawyer, who has never profit
I'd hy the ruin of his ftlow-citizens. that Is
by acting rs attorney for q cotton fcfor.
ain old enough to vote In the next election
and have sworn never 10 vote for lawyer
who has thus helped
"ro shut the gates of mercy on mankinds, :"
And wade through slaughter to - fortune"
Yours respectfully, EMMETT.
ALL Idea that there Ia danger to the Demo-
cratic party because of the question OF temper
ance is Il mistake. The tenn erance people
nre true Democrats, and will remain @. Wo