The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1889-04-20
A Fair Proposition to the Farmers Union.

Fair Proposition to the Farmers Union.
Editor zs1eyraph:
The resolutions recently adopted by
he Ouachits, Webster and other Far
ners' Unions and the strong reeommer-
cations and counsels Of State agent
and Lecturer Gnice relative to
the fight sgainst the Bsggiog Trust,
ali point 10 the welcome conclusion
that the farmers Of Loutstana are going
10 take some speedy aud decisive steps
to proiec, themselves from being
sduee zsd by The sudacious and DEFIANT
iute combination. That the farmers
nust and will do something 10 q fore
rome conclusion. What IL the best
s,ep for them to take? What IL the
best and surest course for them TO
adopt add pursue?
By what means Can they thoroughly
defeat the insolent and Infamous ~
ssulss Of monopoly without overtax'ng
their present resources or running the
risk Of future loss This is the vital,
the crucial question.
1 think, Mr.. Editor, 1t is easily
answered. The iucorporators add friends
OF the Monroe Cotton Yarn and Bag
elug Factory believe that IN the sue
cess Of our enterprise the farmers
wilt fiud the solution OF the problem
that confronis them. We have sought
to Inaugurate at their very doors an
enterprise tu which the farmers can
flnd not only protection but profit. We
have not asked for donations. we
have not sought ~ enrich ourselves by
selling stock which would avowediy
be worth nothing 10 the subscribers 10
the end. We are NOT such philanthro-
plsts rs that. We cannot lay claims to
any such public spirit.
But we seek subscriptions to au
en- .erprise that will pay each stock
ho,def, NO matter how email or
obscuse-and yet AD enterprise that
will directly aud Indirectly benefit our
community aud State more promptly
and permanently than any investment
hlch can bs made. BY contributing
to this factory, the farmers will not
lose one cent on the contrary, they
will make = mort profitable Invest
neut aud still achieve the victory over
the Trust which IL after their life
blood.
There are $4,000 members Of the
Farmers' Uaion in the State Of Louisl-
ana. Each member will be robbed by
the Bagelng Trust OF more than $3.50,
putting the average crop ut five bales
to the member, very low estimate:
Suppose we take the number OF men,
bers ut 10000. Now II each OF these
members would contribute to the stock
of a cotton factory $3.50 (what he will
be forced to donate to the enemy hs Is
pledged 10 Eighty, we would have
$50. 900 from the entire Union. Surely
this amount could be easily raised.
Sub un ions could take shares. 1t would
GOT be gilt 10 any sense Of the word.
Each subscriber would own an interest
in the factory aud would draw divi-
dsnd in It's profile. II that amount can
be obtained for tho Monroe factory,
payable in iustaIsInents, 1t would SCI
cure the Immediate and complete
success Of that enterprise. The stock
and franchises we have already secured
aud the condition of our Incorporation
and the reliable promises Of further aid
which we have Ut home aud abroad
enable me 10 say that II the farmers
will take sc, 900 stock US above pro-
posed In our enterprise, we will guar
autes and give st CURLY that we will
furnish them at y fair price ali the
cotton wrapping they need TO cover
the crop OF 1889 aud each succeeding
crop. Besides, they will own an inter-
est 10 the factory aud can see that the
guarantee Is carried out.
VIII It DOT be b. tier for the farmers
to adopt this course than 10 rely on
distant mills to supply them: VIII 1t
not be better tor them to put their
money 10 . payi". investment than to
put It up as security to the Lane Mills I?
Nobody can deny that the plan !