The Durham daily globe. (Durham, N.C.) 1889-1894, 1893-03-01
WHAT THEY ALL SAID
The Tobacco Men Make a Vigorous
Kick.
They Show Why the Watson Bill Is a
Fraud.
YET THE HOUSE DOES NOT CARE
If 1t PasSes-but Then the Following
Gentlemen Relate the Calamity
Which VI ill Follow.

tobacco dealers, manufacturers and far
mers, representatives of the following
tobacco boards of trades and markets Of
North Carolina, viz: Winston, Durham,
Greensboro, Milton, Henderson, Oxford,
Warrenton, Louisburg, Rocky Mount,
Wilson, TarborO, Reidsville, Roxboro,
Burlington and Raleigh, in conference,
held at the Yarboro house, February
| 81, committee composed of members
| from each tobacco market and section
represented in the conference having
been appointed to prepare a suitable ex.
preston of the sentiments of said to-
bacco markets and sections in regard to
house bill No. 1906, entitled can act to
| license tobacco warehouses in this state,
and to protect tobacco growers from
| fraudulent combinations to reduce the
the price of tobacco sold in such ware
houses"
We, the said committee, beg leave to
say that, while no doubt the bill is in
tended for the good of our people at
large, and our farmers especially, yet
when We come to consider it's practical
workings we are forced to the conclu-
| hok ;to off ho -
defeat the very ends which it was in
tended to accomplish, and to prove really
disastrous
l. BY diverting the trade from our home
markets to the markets of Virginia,
thereby causing not only great loss Of
business in many of our towns, but also
subjecting the producer TO increased out
lay and inconvenience in marketing his
crops
2. BY Withdrawing capital now repre-
sented here by brokers operating for
many manufacturers in this and foreign
countries.
3. by defeating the main object Of the
North Carolina State Tobacco associa-
ton in endeavoring to establish and
build up the name and reputation of
North Carolina's bright tobacco, which
has hitherto been too long credited to
our sister state of Virginia.
4. BY tending to break up the small
markets and to foster Capitalization of
the business in centers outside of the
state, thereby causing a depression in
real estate in our own tobacco towns
and
5. BY tending to drive away industries
now operating in this state and which
furnish much needed labor and employ
ment to many of our citizens, and fur
ther, by encouraging largely increased
growth of tobacco in new territory, such,
for instance, as South Carolina and
Georgia. To illustrate, we have now in
the state representative companies buy
ing in all the chief markets of our state
many grades of leaf tobacco at public
auction, and of course as the highest
bidders But for these bids every pile of
these tobaccos would go at less price
than now. These purchases in the ag-
gregate amounting to many million
pounds annually and consequently caus,
ing our farmers to profit by the differ
ences between what these tobaccos were
purchased at and what they would have
been bought at had these representatives
not been on our market. Now, if you
drive such buyers from the state, you
simply transfer them to the principal
markets of Virginia and thereby causing
much of the trade of our towns to be
transferred also to Virginia at the ex-
pense of the towns of your own state.
AS further practical illutration we
refer you to the history of what has oc-
CURED in one of our sister towns, Reds
vile. Twelve months ago there were no
agents of our large consumers buying
there, and their grades of tobacco were
selling at a discount as compared TO the
neighboring markets. Seeing that they
were rapidly losing trade, their tobacco
people took steps to have an agency es-
tablished there, since which time the
market has had its due proportion of
prosperity, and their people only wish
the agency had been established sooner.
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