The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1889-10-02
THE FIGHT STILL GOES ON.
THE NEW ORLEANS RESOLUTIONS NOT IN
EFFECT.
Farmers Who Oppose the Tare Reg
mIatiOns Need Not Feel Any Appre'
henSi0n or MiSGivinss As to Send
ing in Their Cotton.
augusta Chronicle.


Farmers who are opposed TO selling their
cotton under tile proposed "tare'' regulations
need not have any miSglVlngs ABOUT senulng
it to Augusta.
The New Orleans resolutions will not be car.
ried into effect in Augusta ON October lst.
There Is no uiSs uiSiug the fact that the pros
meets for marketing the rest of the cotton crop
after Octorber lst, according TO the basis oil the
New Orleans convention, does not seem as
probable as IT did two weeks ago when the
delegates started homeward, for since then
the exchanges which some of them represent.
cd, after considering the matter, declined 10
adopt recommendations Of their delegates,
while the New York cotton exchange has thus
| far failed to take action at all.
The Greenesboro Herald-Jou says: The
Augusta Cotton exchange has decided TO co.
operate with the farmers in the rate recently
established ofal lowing difference In the tare
on cotton and jute bagg.ng. The Augusta
cotton factors have stoou squarely by the
| farmers in their fight on the jute trust"
This is true Of Augusta, and no city in the
South and no eXchange.in the country occu-
pies more equitable and satisfactory posi-
| tion in reference to the whole question Than
| does Augusta. .-.,
manufacturers In the cotton bagglng nght
was demonstrated in the complimentary
selection or Augusta's delegate TO preslde
| over the New Orleans exchange. Then When
the New Orleans resolutions came up before
the Augusta exchange for action, ana Mr
Tobin had made his explanation OF the pro
ceedngs in the New Orleans conVention'
setting forth the fact that the representative
of the farmers were present in the convention
aud endorsed the resolutions wnlcn were
passed fixing the twenty-four and slxteens
| pounds tare, the following conservative ana
encouraging resolution, IN SUBSTANCE was
passed:
1t appearing that the agricultural interest
desires the passage OF the tare resolutions tne
Augusta Exchange expresses It's eoraia .a,, Ell, ~
| readiness to carry them into erect whenever
there shall be such unanimous action among
| the exchange MS will warrantit
| What could be fairer? 1t appearing that
the farmers want 1t, the Augusta exchange
stands ready to comply with their wishes.
But if, on the ntrary, the farmers snow tnai
| they have been placed In wrong Ignt anu
don't wish the tafe reeulaCon, sIen "a '1o ~
Augusta exchange Is in no way committed 10
The Financial Bulletin this week interview.
| ed quite a number of leading receivers IN
New York, and sums up their opinion ina!
cotton bagging Is success as fur as com pressed
| bales are concerned, but the condi tion OF un-
compressed cotton bagging Is .eminentiy un-
satisfactory" Hopkins, dwight & q 20, ,na9 Sn3
with the new bagging than any other hrm
are of The opinion that the New York Cotton
| exchange will not approve ofthe New orleans
convention plan, and they are quoted as
| saving: awe do not believe that the special
tare for cotton covered bales will be adopted
in this market until the Liverpool market
| first adopts 1t. Here at the present time
cotton is sold by gross weight. In Liverpool
it is sold by net weight, with an allowance Of
6 per cent. for tare."
The Bulletin says "The foregoing views
may fairly be said to represent those OF other
| large re e,eivers in thelocal market"
| In Savannah one cotton exporter said that
1t will be impossible to enforce the New
Orleans resolution this season, at least. He
said that even the New Orleans Cotton ex'
change has not yet approved the resolution
and the New York Cotton exchange has taken
no action, while advices from Galveston
Memphis, Norfolk and Augusta are TO the
effect that the cotton exchanges of those
cities have refused to adopt the resolution as
u basis for handling the rest Of the crop after
| October lst. ,.
The Charleston cotton exchange has taken
no action either way, because that in South
Carolina tare allowance is forbidden by statu
| tory provisions.
From all this it will be seen that farmers
| need have no apprehension Of any arbitrary
ruling going into effect in Augusta on October
1st. The business will go along just as 1t does
now, until such time as there shall be such
unanimous action throughout the country, as
will authorize and demand the carrying into
effect Of the new regime.