The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-10-28
MORE COMPRESS LIGHT.
PRESIDENT NAPOLEON HILL, OF THE
OLD COMPANY, TALKS.
He Differs With Col. Gwynne. of the
New Company, on Some Very Nate
rial Points. and Insists That There Has
Been No Disposition to Squeeze.

II the compress war is not Carried into
Africa" in the courts, it will be in THE
APPEAL--of course, by the gentlemen in
terested, for The APPEAL wishes every
worthy enterprise established in this city
the most abundant success.
In order to learn what the Merchants
Cotton Press and Storage company anti
cipated as the outcome of the present
chancery suit of the new compress organi-
zation against the Newport News & Missis-
sippi Valley Railroad company, which in
a measure involves that concern, an Ar
PEAL reporter yesterday sought President
Napoleon Hill.
Colonel, what have you to say about
the compress war;" inquired the reporter
81 would have nothing to say for publ
cation but for the statements made by
Col. Gwynne in an interview published in
this mornings APPEAL" responded the
president 'The interests involved, how
ever, are large and widespread, and GER
tainly have no objection togiyng the pub
lie all the facts, inside and outside"
"Do you differ with Col. Gwynne S state
ment OF the case, as made by him through
The APPEAL interview
81 certainly do differ with him in some
very material respects. He fails TO give
the whole case falls short OF stating all
the iacts-and much too freely and with
out justification INDUCES in charges OF mo-
nopoy against this company. AS TO what
has occurred before Chancellor Estes, |,
not being present, can only speak from
hcarsay; but speaking thus, / am informed
al ,uru lint ha oh
celor received any part of Mr. Holmes
Cummins' argument with "a smile"
OF incredulity Is pure Imagination,
and his other notion that the
chancellor ordered the railroad to pro-
duce AL its contracts" with this company,
and that he expected such big results TO
follow their production, must certainly
provoke smile from any reader who
knows the real facts. There is but one
contract between this company and the
Chesapeake &Ohio Railroad company, and
the chancellor, at the close OF the argu-
ment, allowed the new company 10 amend
It's bill so as 10 bring into the record the
fact that this company had contracts with
the other railroads Except the Midland)
similar 10 that with the Chesapeake & Ohio
railroad. The existence OF the contracts
is a notorious fact, and it is not at all likely
that this production will be attended with
any such remarkable results rs Col.
Gwynnc seems TO anticipate, OF with any
other result than would habe attended the
production OF the contract with the Chesa-
pcakc q Ohio railroad which has been in
the record from the beginning
What about the charges OF discrimina-
ton aud monopoly in favor OF your COM
panyY'
''Well, so far as the legal questions are
concerned they are in the hands OF the
court, and am content 10 await the re-
suit, without any serious fear Of what Il
will be. But this | will say This COM
pany, at an immense expense, has pur-
chased ground and erected presses on the
line OF every railroad here Except The
Midland) with an aggregate capacity Tor
the COMPRISING OF 1900 bales a day.
The railroads, as Is well known 10 every.
body, secured great advantages by this ar
mngcment the new company now
comes forward, builds one plant, and saws
all the railroads must go 10 Il, and because
they decline, II sets up cry OF monopoly.
This company has six presses, located at
the depot Of the various companies. The
new company has one plant. Col. Gwynnc
SAWS that when he has completed
his new Taylor prcss. his plant
will have capacity Of $500 10
5000 bilcg week. This was an
error. Col. Gwynne's estimate was
lot day.-ED. APKAL. Our one press
ut the Chesapeake & Ohio r0rd has ca.
paci,y Of 300 bales day. This company.
when IL had no competitor and expected
none, reduced the cost Of COMPRISING
from 80 cents 10 90 cents bale, from which
the public can understand whether We
have used our position 10 their disnd-
vantage. And during the past summer
our company, nj large additional outlay.
has put Itself in better shape 10 handle
the cotton COMPRISING business Ol lhis
city thun ever before in ~ history.