The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1889-10-19
GRENADA, MISS, SATURDAY, OCTOBER 49, 1889.

American,-Brazi and Egypt for in
stance.
A SERIOUS DANGER NOT AvoIDABLE WITH
OUT MORE PERFECT ORGANIZATION.
Foreign competition is not the only
menace lying 10 our easy pathway to tor,
tune. The danger is equally great that
re:kless spirit Of aggrandizement, seeing
its opportunity in the high price of cot
ton, may run riot with the judgements of
home producers, and pile up crop Of
eight or nine million bales With home
and foreign producers vieing with each
other 10 the creation Of immense surpluses,
who will in the end dictate terms of sale :?
1t is possible for us to limit production
in the United States, but question If
our organization is large enough, or sui
ficiently compact and unified, to under
take to circumscribe cotton cultivation
another year This can only be done by
the cooperation of all producers through
out the cotton belt. And yet before we
can succeed in advancing the price to
any appreciate extent: in order to pre-
vent results, more di> strous really than
we suffer now under the regime of low
prices, we must bring the matter OF pro-
duction under organized control.
When we grasp the item OF price, we
must at the same time, and under similar
auspices, take bold Of that other and cor
responding factor,-production, and rein
in the one, as we advance the other, un-
til we are prepared to command the stu,
alton without fault or failure. | am Of
the opinion it is best to settle other items
in our bill of costsagainst he" Cormohnt" t"
and leave to the ineXorable laws of supply
and demand the, regulations of market
values.
THE REAL SAVING BETWEEN TIE FARM
AND TIE MANUFACToRY.
A step must be taken in the direction
of a proper and reasonable control OF his
crop by the producer. In his ensIaVe.
ment to The greed OF those whose capital
has aided him only to tatten on him, Is
the hidden hand that weighs him down
To wrest from him, and manipulate for
selfish ends this greatest of American
money crops is tue artful study and de-
sign of those who becoming his credI tors,
seek through powers granted in their
contracts, to put in vogue those extra
C mmercial methods of " hich he has Eeen
m .de the passive victim. The planter
must get sufficient control OF bis crop to
say how far speculation in futures shall
| affect its value. And how much OF the
| ,rofit evolved shall be absorbed by mid
dlemen who ply their calling between the
Clubhouse and spinning>wheel. The
manufacturer insists that the broker IS d
necessary presence in the market. That
there must be responsible hands through
| which the cotton must pass IN its TRANSIT
from first hands to them. Without al
frming Or denying the proposition, l
want to ask whose interest does the Bro
ker serve? If ne is necessary part o.
the peculiar system of purchasing en-
pIoyed by the manufacturer, let 'he
manufacturer pay for the benefit received
Other items of cost unnecessarily count
ing against the producer are transporta'
ton from ( to ! of a cent per pound
commissions for selling, ! of a cent, Ill
surance, storage etc, of n cent, amount
ing in the aggregate to over I OF cen
per pound. All this is paid out OF hi
part of the profits by the producer in or
der to put the cotton where the manufac
turer can handle it to the bsst advantage
and with the least cost to himself Whei
all this expense for inter-handIing Is d's'
tributed according as it may serve tn
interest Of one side or the other, 1t vii
add very nearly cent per pound to tn
producers side OF the portits. IL is eas.
to calculate the difference in the proceed
this saving would make in crop o
seven million bales
practically eliminate the middIe'mel
from the expense accounts properi.
chargeable to the producer, we must es
tablish in each home market, where
t sufficient supply of cotton can be had t
warrant the venture, warehouses to b
used as storing places for cotton prepara
} tory to its sale through the estate Ez
change"
= The Mills can send their orders t
, these State Exchanges ard be as cheap
. y, satisfactorily and reliably serve
f as in New Orleans, Memphis or othe
a ro,ton cnnters. w.