The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1899-01-24

mand may enter into the mRGGeE W o
certain extent, so extensive is the de-,
mand, and our exports to all countries
are q commercial necessity, and the
worlds supply fields so limited that lt
would be folly for us to cease produc-
ing. The bess way would be to raise
all we can and then get in a condition
to obtain living prices for the cotton
and for it's manufacture or products.
England bought over three and a half
million bales of our cotton last year
alone; she should have been made to
pay more for it. How can this be
done9 So large is the cotton produc-
ton of the United States that lG de-
termines the status of cotton all over
the world. Instead of permitting Liver
pool to fix the price Of cotton, the
farmers ought to fix their own prices
Let US see il they could do it. One
alleged cause for cheap cotton is that
the bulk of the crop is forced on the
market at one time and there being q
lack of money to purchase it with, this
necessity keeps it down for q time.
And besides, it would be unnatural for
the buyers to pay more than they are
forced to pay-it is their business to
get it as cheap as possible. The Amerl
can manufacturers, / expect, would
prefer to do business with high price
cotton thar with low price cotton, for
it is a law of trade that there is more
profit derived from business when
things are high than when they are
low; and this being so, his great inhu-
ence would not be against better prices,
but he wou d encourage any scheme to
help get them. Every observant mind
must admit that in every avenue OF
business to-day the tendency is for
men of like interests to combine and
Jointly serve their interests better than
they coHld separately. In fact, any
one to day unless he can get a trust on
some hing, has very little encourage.
ment towards making a success. l am
not speaking of the morals or the legali-
ties or the rights of men to form trusts,
but am speaE ing of what they are do.
ing to enrich themselves and to aid
their businesses. And if the law and
public opinion allow all other men to
grow rich by combining their interests,
it should also allow the farmer to do so,
especially when his very existence de
ponds upon it, and when no other
course seems open to him. A writer
has given the trusts of the country as
follows:
NAME. CAPITAL.
Flour trust (uow forming) $3.50 900, 600
United States Leather Co. 125, 900, 600
Continental Tobacco (plug)
Company ............ rs. 600, 600
National Biscuit Co.,. SIS, 600, 600
Cornstalk trust (Marsden
OBSERVATION-DISCLOSURES. so, 600, OOO
American Corn Harvester
Trust so, 600 600
Western Lumber Pool. As 600 900
United States Rubber Co.. 40 600 600
Dressed Beef Combination so 600 600
Sheet Copper Pool........ 40, coo, 900
American Tobacco CO.. 80 500. 600
International Paper and
Pulp Co. As. 600, 600
Acid and Chemical Trust
GOrmIng) $500. ........ $4,000, 600
American Mating Co.. 80 600 900
international Silverware
OBSERVATION-DISCLOSURES. 80 600 600
National Lead Co.,. 80 600 600
The Kli5 Goods Co... 80, 600, 900
Sash and Door Trust 1890. 20 600 600
National Wall Paper Co. 80 900 600
Cigarette Trust ......... 25 GOO 600
Union Ty pewriter Co... Is 600 600
Window g ass Pool 1890. Is 600, 900
Burial Cssket Trust...... Is 600. 900
Crockery Trust. .......... Is coo 600
Smelsers' Combination. 80. 25 coo OOO
Ribbon Trust. 10 600 900
Gossamer Rubber Pool. 10000 900
Axe Trust Is 600 600
Bolt and Nut Trust....... Is 600, 900
Lithograph Trust IL. $40 900
Tissue Paper Trust 1890. 10 900 900
There are thirty one smaller trusts,
none capitalized at less than 81, 500 900,
as follows:
Rock Salt Pool, Celluloid Trust, Saw
Trust, Standard Rope and Twine , O.,
American Thread Co., American Fur
niture o, Junction Railways and
Union StO k Yards, Diamond Match
Co, Consolidated Ice Co., Plate Glass
Trust, Pacific Coast Co, Cartridge
Trust, y ZION Tobacco, National Starch
Co., American Fisheries (Menhaden)
Trust, Mergenthaler Linotype Co.