The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1891-08-12
TVINE TO BIND THE FARMER
ARE THOSE WHO REFUSED TO USE JUTE
ON COTTON TO BE THEMSELVES
TETHERED BY TwINE

The Despised ManipulatOrs Of Jute.
Under Another Name, Seek the
Embrace Of Alliancemen Every.
where..-It Looks Like the Far.
mers will Walk Right Straight
Into the Trap.
There is considerable commotion in Alli-
II has arisen over the proposed deal with
the Union Cordage company. OF New 1orK,
for the transfer TO that company Oh al Gne Al
lance exchanges. The contract Win uRlon Msr1
Cordage company was drawn up In New
York several weeks ago, but 1t will not oe
binding on the Alliances until II Is ratlnea
by the stockholders of their various ex-
changes. Opposition to this arrangement dns az
This is the absorbing topic among Alliance;
men at present, and II Is being discussed all
There viii undoubtedly be lively. times
when the stockholders OF the Georgia ALI
ance exchange meet In Atlanta on Iuesuay,
August 18th. The whole matter VIII tneh
come up for discussion, and 1t Is already eVi,
dent that sharp opposition will be made TO
the ratification of the con tract. The Union
Cordage company is virtually the old eotton
bagging trust, and 1t may be imagined tnat
the farmers do not cherish any great a1ectlon
for that concern. -.
It is said that Col. w. L. Peek, president OF
the Georgia Alliance exchange, mas employ
ed State Lecturer Copeland and A. +. Danlel'
at salary Of $50 month and expenses . eacn,
| to work in the interest of the New York syn
dictate In this State. The object OF this en-
ployment, 1T is said, Is TO induce parties VINO nn
wish to sell Alliance supplies to sign the iol-
Date -, Town -, State =.
To Messrs. Oswald Wilson, of New York City,
and =, State business AGENT
o,,tS hnnY1
agent for the proposed Alliance company In
the town OF -. in the State Of -, and nav
ing read the endorsement of the Alliance NO.
=, Of the same place, beg to state as 1ol'
lows: o,
First am years of age, and married,
and have lived in for = years. | nave nave
been engaged In keeping store In SAID town
for - years. My gross sales per year ynt nave
been about = dollars, ana naoe o. nhont p,TseuV
dollars. / feel confident that should the pro
posed Alliance company be formed that can
increase my gross sales TO anout r,SIU HOi'nIs nn
derstand the proposed plan of the Alliance
company, and agree as follows:
| Second. Immediately upon the formation u
of the Alliance company VIII tnrn tanoes over "
ali right, title and interest to the goods, al
that time in my store, and accept In full pay.
ment an equal value In the hrst deoen lure a
bonds of said company upon s~nashd WI ssd goods pd
| LIE
| to be determined by an accurate inventory
to be made at the time by myself and rep
| resentative Of the proposed Alliance COM
pany. l will do this upon the understanding
| that all accounts due me remain my ptoP'
erty. ,,ro,,ort,
Third. / agree to turn over my properly
on the additional understanding tnat aHl u
be retained by the Alliance company as man,
ager in the said town oil - during faithful
and competent discharge OF duty. That am
to receive n salary monthly of - dollars. :!
| am to be allowed In addition - per year
for extra expenses OF all kinds, and that
am to receive an additional compensation al
the end Of each year of one ana 4ne-haii pei
cent. upon the gross sa}es that make and
my pro rata of surplus earnings Ill accoru'
ance with the plans as proposed.
Fourth, pledge my word to use my besl
endeavors to carry OH the business careiully
and in the interest Of my customers, anu uil
| der the direction OF the Alliance company
agree under no circumstances TO create any
Itabilities. or to buy goods from any one.
will also file bond with the Alliance com
pany of $1,000, and deposit - OF my deoen.
lure bonds in central bank, as security ioI
heartily approve OF the plan, and shall In ey.
erv way try to carry 1t out successfully IN
whatever distrlctmay be set aside for me.
Fifth. distinctly understand thls as an
option which Will hold good until January l.
1892, and hereby acknowledge full considera
| ton for the same. I give this time for the
purpose OF enabling you gentleman 10 com.
pete and arrange the details OF Inc unoer
taking, remain, respectfully yours. 80.
This is an official copy Of the contract sent
out by tt e Cordage company; some Ailiance
men are ,riticising Colonel Peek rather Sc.
vereIy. They say he ought at least TO wall
until his action In signing this, contract
with the Cordage company IL endorsed by
the stock holders OF the Georgia exchange be-
fore he endeayors to secure agents for tnal
company in this State. The above contract Is
| to be signed by as many agents rs the CORD
age company may choose 10 nave In deor'
Now that the plan of operation proposed
by the Cordage company S 10 nnayyation ty ~ the
Georgia A Iliance exchange, and some all
ancemen think they are doing great deal
better now than they could when placed ia
inent member Of the order said yesterday.
"Mark my words: The stockholders OF the
Georgia exchange Will never ratlfy that con
tract. The Georgia exchange has been admir-:
ably managed 1t IL about the only one that
has been decided success. We have gotton
supplies from it at actual cost, with only q
slight per cent. added to pay the running ex.
penses of the exchange. For instance, tney
actual cost Of q ton Of guano and other goods
are cheap in proportion. Mr., Wynn, man
aeer of the exchange. has conducted 1t In
thoroughly businesslike ana ecohom1Sal Tss
manner and has helped us very much. The
exchange has saved the farmers OF Georgia
thousands OF dollars. Now let US see how we
viii fare in the hands of the Cordage com.
pany according to their Own W. propoS1Ion, ppat Do
agen they take all the goods he has on hand
| and pay for them with bonds to draw per
| cent. interest. or course this per cent Is
not to be paid by this Cordage company yrsia Dnt
| however, is Just the beginning OF the gouge.
The third article of the contract provides for
salary for the agent for the payment OF all
his extra expenses, and for one and nall per
sales. Now, let's see how this VIII work.
Suppose the agent starts In with SlO,OOO. On
that he would do q business, probably, oil
would be 81, 500. Besides this he would get
$500 interest on his $4,000 Of Cordage com.
pany bonds. This would make S per cent.
| on this investment, besides his salary and his
extra expenses. All this must come out OF
the farmers who trade with the agents Of the
Cordage company. This would be extortion
enough, but do you suppose the Cordage COM
pany is going to work for fun2 Not much.
They would expect large slice for them.
selves, and that would have to be added 10
the 33 per cent, the salary Of the agent and
his extra expenses. The company would
send out goods at such prices as they saw fit
and hope to force them on the farmers
through their agents whom they expect to be
| en- ndorsed by the various alliances. This
game is so plain that the farmers will not be
tax en- in by IT.
| "I can tell you how the Georgia exchange
saved the farmers Of Georgia many thousand
dollars by refusing to trade with the very
concern which is now attempting TO gobhle IT.
| 1t wished to make contract for large
amount of cotton tagging and this same
crowd charging for the bagging one cent a
| ward more than the exchange secured II for
| from another party. Now, ir this New York
crowd had had their way then, as they will
change in their clutches, they would have
added cent yard 10 every roll of bagging
used by the farmers of this State. 1t takes
1000, 900 yards of bagging to bale the Georgia
| CROP and If Wilson and his set had had their