Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-10-27

Buyers SHOULD Be FORCED TO MAX!
TERMS WITH THE RANCBMEN
FORT MCaAyETT, TEX oct. 3. IS.
To the Gazette.
In reCen: issue CT the Dallas News,
had the pleasure Of reading the very prsc
tical views OF Mr. Andrews touching the
imp o-,snce Of the proposed CONVENTION
OF csttlemep, 20 bs held in S.. Louis, on
the 2C.h Il November pex.. I quite
sgree with Mr.. Andrews that the STATE
inspection law would most 1f3ctuil,y
destroy the present arbitrary power OF toe
"Big -Four" ous i; seems to me it would
IoI aid the producer vsry much IL es:ab
lishiDg o proper value for his cattle oy
the law OF supply and demand.
This is the msin object 10 be gained In
TeXss In the convention.
Now, IS fsr as my observation and ey
5erieace in the business serves me, the
trouble with the csttle business is thst
the producer is forced to scip his cattle
FROM his ranch before be las made sale
OF than. II the Estate Inspection" law
will nave the feet Of forcing buyers to
make terms vita the rarchmap, IL would
undoubtedly be the most ra;3ical way
Of restoring the natural competition in
the cattle trade bu. fszr tiey will ey-
pct the producer 10 ship their cattle as
before, and the oGly difference, will be a
larger number Of markets in place Of hay
Jag few.
The Law CT "supply sad deCsnd" will
certainly operate in the same way II does
now If we slip 10 twenty markets, and |
therefore do not see chat re will be very
muca benefited.
Ii the shipments, for instance, to Ger
tain msrke! ara in excess OF tle demand,
the prIca will naturally be forced down
While perhaps Ia somc other marker
where the shipments, the same dsy, arr
less thsn the demand the market ys4fe
will sdvsuce. Now 4 live stock were
ike merchandise, and could be slowed in
g ware house, and held over without. much
expense, this would mxke no great diff
cree, and would Dstucally CORRECT ltsef;
but the cost Of holding stock Is go great
Il Is we'll known fact tina: the seller is
placed G. grss. disadvantage when he
has to hold his gtcck even twenty -four
hours.
! hsVe given much thought t. this SUD
ject and bellave Fl :m!Y unless system
can be established thst will enable
producers to sell their csttle
st home, on their own rancho, they
will always be at the mercy Of circum-
sssuces, IS they sre ut present. II the
"Iu." happens to be Small one on the
day their stock resches m1k4;, they will
get fsis value. II on the contrary, the
run" is large they will have 10 hold
ever, or be bu,chered in price by some
cas- TO less self 81 than the "Blg Fur"
ADli.u..
pliDd to wheat ald cotton Is the oniy
reDsdy Tor the trouble. Tlls would es-
ta5lish STANDARD grades" and producer
could then contract his cattle before start
ing them from his pasture.
l. seems to ne 1T is idle to say we can
not claf siiy cattle when they are classified
for Us every day OF our lives in Chicago
II We ship lot CT Texas steers it does
net take the commission man five minutes
to determine whether they will cell as
ia. cattle" or "stockers and feeders"
n 5w why can't they Just as we'll contract
for "s,ockers and feeders" before they
lasvs Texas as well as mo-?
II the proposed convention will recon-
mend that Chicago and KANSAS City, St.
Louis and other markets adopt the ex-
C ange system oil business in ca:tle be
liev, very few range producers will
ever care to ship G carload Of their cattle
bs!ore contracting sale for them to
srriVe. This will not IN any way inter
fsre with ths present trade In coru-ted
cattle, which, as & general thing, are
within very short run CT markets, ana
I will have the effect CT reducing the
enormous runs which occasionally are
SO demoEal zug on prices.
hope that our delegates in the cen
Vention Will seriously consider tbs "stste
inspection law" for this will effactus.ly
destroy the refrigerator which is destined
TO be the most prsctlcsl way for TtxIs to
market her cattle in the near futute.
LIE: ms hope the convention Will con-
slider the "Exchange system" as 8 prsc-
s!cal remedy, and II any Of the delegates
are opposed to "corners'' IL csttle, which
has lately advanced wheat SO high, per.
nit me to suggest that the Exchange has
the pc Ner CT making It's own laws, aud if
they deem 1t expedient to pass rules that
Will prevent "corners," they csn do it
''Exchsnges," however, are gotten up for
the oeneti. OF those engaged in the trade,
snd l cannot understand what OBJECTION
there caa be to "corner" thst would ed
vance three earold steers to $50 per
head. Fer ny part, l would welcome
sold Hutch" il be will only do it in the
Cattle Exchange IS successfully as he has
advanced wheat in the Whest Exchange
Yours truly, WILLIAM L BLACK.