Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1888-05-11

now enter the market and buy without
competition. The prices are nxeo
upon what Is purchased as well as
upon what Is sold. We furnis d
them our crop reports through
government oficlals, together with 50
inventory Of all we have to sell, and
from these data they are enabled to hgure
uriees down and enlarge their profits
The Legislature can give Us no relief, and
We can gain nothing by announcing these
trusts. The remedy Is In our WI hands,
and II We fall to spply Is we deserve to be
slaves. '
"Hitberto nothing hiss been published
In regard to the deta Is of the Farmers
Trus' to bs submitted to the conven-
ton to be held in Topeka May L.
These are suhstsntially as folio rs.
II IL our PLAZA to appoint agents
to sell our produce and local agents to
gather Ii together and 10 ship 1t TO the
various markets; to create 50 executive
board and bureau OF statistics, which
shall collect crop reports, regulate snip
ments and sstablisa prices. We msy have
an ovsrproauctitn n, but by keeping the
surplus OF toe market We can always
maintain fair prices I what there NAV
be demand. OF course 1t will take a
very lsrge amount OF mou.y to put this
plan into practical operation, and we
expect to raise the operating expenses
necessary In this way.
IA proposition will be submitted to the
clming convention to iucorpo ate the
trust, with capital stock of $50 0oe. 600,
to be issued in $40 shares, $40, ZOO, 0sU Of
the stock to be held in reServe ana Sl0,-
600, 600 to be sold to actual farmers and
stock raisers NJ fifty cents or less on the
81. The stock is to be proportiunsd to
the respective states and territor es SC
cording to their farming population sad
productive power, and equally clstrib-
uted in counties, townships or districts.
The money received in tuis manner Will
be used In in.ue uratirg the Farmers
Trust.
"The scents who Will bs appointed st
Kansas City, St. Louis aud other COM
mercial points to sell our produce will
have fixed salaries, but will be required
to collect the usual commissions for SELL
ing produce. The commissions for mar
keting cattle, swine and sheep at K tnsas
6ity, Cnicsgo and St. Louis in 1887 Was
50 SSS, Sl6; sdd to this sum half as much
more for Cincinnati, Onahs, 1 Indianapolis,
Cedar R,pids, Louisville and ST. Jose po,
and we have the total of commissions for
selling cattle, swine sod sheep OF the
Mississippi Valley 81 .S25,725. TIE
annual production OF wheat,
corn, oats, rye, ask and
barley in the Mississippi valley is esti.
mated st :, 600, 900 600 bushels. l. is safe
TO say that tnree-fith of this amount Is
sold In the public markets, On which the
commissions are paid by the producer,
amounting to about $4,000, 600, mskILg $
grand total Of conn iseious paid on i've
stock and cereals of $4,000, 900 annually
"Tnis entire business OF selling could
be done under our proposed trust system
at cost not to exceed 81 600 900 an
nualiy. The sum collected by our agents
SIS commissions, after dsductiug the
amount necessary for the payment
Of salaries and running expenses of
the trust would be paid into the treasury
for the benefit Of The stockholders. nno
should this plan be generally adopted and
the farmers and stock raisers market ell
their pr duce through our agencies, IL
would q ct G saving in commissions Of
S9, 900, 900 snnually, and in two years st
this rat. We would have in the treasury
SIS 600, 900 placed to the credit OF the
dividends Or appropriated In the purchase
of stock yards and grain elevators, and
thus smother great saving would ne &C.
complished by reducing STOCK yard and
elevator charges.
81 think the convention viii adopt the
municipal township as auxiliary district
truets, numbering than one, Two, three,
aEd SO on, designating the county ana
afaf hlT ton mr. Aar IN q
township associate themselves together
and make application for stock, sending
dfty cents on the dollar, pait-up stock
certificates will be furnished 10 each
member of the local association, with q
charter establishing them ss an auxiliary
Farmers Trust, but NO stock can be
transferred by stockholder except by
resolution Of the executive board.
"The keystone to the arch Of this COM
bination IL tine local shipping sgent, who
can always be reached by telegrspaic
communication, and through whom eli
shipments of farm products Will be di-
Iected by the executive board. AT the
present time there are less than l per
cent Of the farmers and stockrsisers who
do their own shipping. They are obliged
TO depend on local buyers to gather up
tuelr pTouuCS aud sulO upUH Tue ulaIkeI.
Under this system no outside local buyer
could compete with our shipping agents
II so per cent. of the farmers
should refuse to subscribe stuck
and remain outside Of the associ.-
ton, they would only deprive them
selves OF being equal benz flcisries of the
Trust, but could not defeat the object for
which the Trust was insugursted; for
this 80 per cent. would be compelled
through interest and necess ty to market
their produce through tie trust ogen-
cies, thus giving the trust control over
shipments and power to regulate the
supply and govern the market, while the
entire agricultural class would be bene-
fitted by receiving more uniform and
reasonable price for their products, bur
special pecunisry advantages would &C.
crue to stockh1l of thei organ!z.
ton
governor Martin has already ap-
pointed the delegates from Kansas to thu
convention, and have received letters
from several others stating they will
make ihe appointments. Iexpect large
attendance at the conveRticn. The farm