Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-06-06

numerous papers throughout Texas. Tn,
Texas Stocsmsp Of San Antonio, says oft
J That this plan Of live stock exchsr e
for TIE IS Is feasible we have no doubt
and thst il would result in great ant
permanent good to our live stock inter.
ests We are reasonably certain
Stocsmen OF Texas, what will you c.
about II? Who viii move in tae mat
ter! II meeting is called will you 81
tend? Will you put your influence eEC
money into 8 Texas cattle ex hangt
While it viii require Eoms money
to orgaLiZs and conduct the ex
lcb6nge, the amount will be tTihI :
icompsred 10 the coed tbs: viii come on
OF 1t TO live stot producers. Toe Sock
msn stsnds ready snd willing TO 10 sll il
can to fnrther the movement.
Tax GAZETTE has Obtained the views
OF several Cf she leading stockmer Of
Fort Worth, and publishes them, whether
favorable tic the PFC jet or fearful OF lie
utility or success
MaI1r a. ". Hi'liard, vice president Ct
tho International Il IDge Association, ard
one Of the leading Cuwmen of Texas,
said: "Tne scheme is good one in
theory; it hiss good object in view, snd
II 1t We're possible TO carry it out it would
be great benefit to the cattle producers
Bat does not seem TO me to be feasible
it is rather utopisn."
| "But why is 1t not IS easily pu. In
operation as corn or cotton exchange 2"
inqu red the reporter.
| "Tne whole structure CT these iustitu
tons rest upon the ability to grade the
| articles with which they deal. You can
shove your hand into bale
OF cotton, and By feeling
the texture grade it to nicely /;
and even 8 glance at osle Of corn suf
fees to give TO it its proper vslue. But
With cattle it is entirely different. Even
| though you know sn spimal represented
to be yesrlirg to be of the proper
sge and of the stipulated weight,
still you have Lot arrived
at its vslue, for 10 order TO do that you
must be scqusinted with its anteceden.s-
Whs. stock it is and where it has
ranged, ard where it's parents ranged,
and what have been the climatic condi-
lions surrounding it and its parents. On,
l think the theory coed one, hut 1t is
impracticable."
Colonel Charles II. H;g1ee OF Fort
Worth said: 81 have read Inc plans out
lined by Colonel Back, and I have had
them explained to me by that gentleman
In person, and have not the slightest
hesitation in giving Il as ms
opinion that they are not only Of nature
bent fcisl to the live stock Industry O:
the state, but are entirely feasible. do
not See that there would be any difficulty
about the Glass hc4tjon Of the cattle
Tney could be graded according to sge,
-gi
tons could be pissed upon by competent
live stock men .s well as other articles
could be passed upon By people CONVEX
ssnt with them"
Colonel John W. Buster, manager Of
the Continental Cattle Compsne, said he
would not be able to gives de fate opinion
SIS to the value Of the scheme without tx
tended consideration Of it, but he did not
think there were sufficient cattlemen Ct
the right Kind to 60 into it 20 make II 8
success.
NJ. O. Lynn WAS favorable &c the
scheme, but he thought it Tou q DE hard
to put it IN operation There are grea
many stockmen not in position TO throw
their business into the hands Of other
parties. He thought cattle could be
classified just lk4 grain OF cotton. He
did not think it necessary to call con-
vention to start the concern, but that f.
could be best put in motion by few lead
ing men get'lrg it in shape snd then o.
loving otter to come in on stated te ms.
William Powell, one Of the leading IL
stock breeders Of the ccuuIry, who has
given great deal OF study tc masters
. q citing the live stock industry, said
alter cursory giance at the outline Of
the concern, that the great obstacle to ii
would be that cs:tle could not oe held to
8 grade, as other articles OF commerce
could. Cotton or corr might be held for
year in the same condition as when
made, barring unusual occurrence but
cattle were in g state Of change COR
tinuslly.
Col. r. E Maddox, president OF the
UDion Stock Ysrds Company, said: al
nave given the scheme some thought,
and can find nothing imprscticable, but
great many commend sble features in it. |
The point shout classifl :ation do not
consider well taken. Csttle can be grad |
ed with as much certainty as any Other !
article deslt in in this way, and futures |
in cattle ss in corn. The only |
necessity to the successful oper-
alton Of the Exchange Is central point
where deliveries can be msde, and st |
which the Exchange can be Gated SO |
that buyers and sellers will have COM
mon point to meet at. This will be fur
nished ct Fort Worth with the compile
ton Of the Union stock yards, which will |
be In time to accommodate the fall |
trade"
Being asked what he thought the best
method to pursue tc estsbl |
the Exchange, Colonel Maddox said |
3 convention, would be the |
quickest and least troublesome way, such |
to include al classes OF bust |
ness men; for, the exchange being 8 !
purely business sfsir, 1t was not neces-
ssry that membership in Il should be !
limited TO any particular clsss CT people |
should be limited In point CT |
numbere, but should DE transferable.
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