The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-12-07

plain them. IT. in the first place the
company had offered its presses for sale
there would likely have been no buyers.
If now thaH at great expense Il has per-
lected its system and created q feady mar
ket for cotton in roundlap bales 1t were. to
offer its presses for sale in the open mar
ket, those interested IN. the perpetuation
OF tsle square bale congresses would Sc
cure sufficient number of them to put up
enough badly baled cotton to discredi;
roundlap bales az the mills. The Amerl-
can Cotton COmpany's leasing system was
established for its own protection, as we'll
as Tor the protection of the ginner ana
ne spinner. BY the terms of It's lease none
nut dry, clean cotton, properly packed
snau be put up on it's presses. Its in
spectcrs see that this condition il COM
Piled with. This is one reason why round
zap bales command a premium at the
mills The spinners know that ehe cotton
IN every such bale is exactly what it is
represented to be.
1t Is The fashion of compress men. who
oppose the Introduction of the roundlap
bale, or any other reform in the handling
OF cotton, to affect TO see in the fact that
the American Cotton Company is a buyer
ana seller of cotton, design on its part
TO control the Southern cotton crop. All
this is mere Dreteuse
They understand the reason why the
American Cotton Company is a dealer in
cotton none better. 1t was simply be-
cause the middle-men, In their intense
partisanship, declined 10 handle roundlap
bales on their merits, that the American
Cotton Company organized the machinery
necessary for their purchase and market
ing.
There is no mystery about the plans of
the American Cotton Company 1t de-
signs to bale as much of the Southern
cotton crop as possible. And it is deter
mined to secure in all cases for cotton
baled on It's presses the premium to which
it is entitled and which is paid for it by
the mills.
It's cotton department Is operated as an
adjunct to and to facilitate the operation
of its roundap system.
It does not require that a single round
lap bale of cotton be sold to the Ameri-
can Cotton Company. Every bale with
all of It's advantages and savings, can be
placed upon the market in open COMPETE
ton, and be handled by any buyer all the
way to the esta blished market at the
mills, with all of the resultant savings.
But whenever and wherever the ordinary
cotton buyer declines 10 purchase round
lap bales on this basis. then and there the
American Cotton Company stands pledged
to buy them
In view of your statement that the
''round bales companies charge "a royal
ty on each bale" for COMPRISING cotton,
one might be led to infer that square bale
congresses make no charge for compress
sion and that the round bale rental is sim
ply am added expense to be borne by the
cotton planters. What are the facts?
Congresses charge for their services and
the cost comes out of the cotton, The
American Cotton Company, on the other
hand, agrees, if no other buyer will give
as much or more, to pay for all cotton put
up on roundlap presses As cents per hum
] s1re
OF the same cotton ip square bales. Out
of this As cents the planter pays the baling
charges of 20 cents per hundred pounds
Keeping for himself a net profit of % cents
per hundred pounds, or a quarter of a cent
per pound more than he would have re-
ceived had he taken his cotton to square
box gin. Thus the baling charge Is paid
by neither the planter nor the ginner, but
by the cotton buyer (whether the Ameri-
can Cotton Company or some other, and
| ii Is paid out of the savings which accrue
to the roundlep bale. Unlike every
charge connected with the handling OF
square bales. the rental is not tax upon
the cotton, but is O part of the savings
The experience of the American Cotton
Company has SHOWN that in the handling
alone of roundlap bales from the gin to
the mill there Is, after paying 45 points
premium, a further saving over the cost of
marketing the square bale cotton, which
pfont may be made by any cotton buyer.
banker or local merchant.
Instead of assuming that thing is evil
because it is new would rot a proper care
for the advancement and prosperity of the
cotton states prompt you to investigate
before condemning an invention which is
going TO save the South millions OF dol
lars annually? Does not history show
that every proposed improvement from the
introduction of the stage coach down
TO the invention of the power loom and
the steam engine was resisted as threat
ening the welfare of the peopls? Was il
not believed that the employment of ma
chinery TO muliply the work of man would
What reason to suppose this new phan-
tom any more real than those old mon
sters Of he imag nation?
What is the roundup bale system after
ali? Simply TIE introductio of modern
methods of economy in the marketing of
cotton, whereby a large part Of the cost
OF getting The crop to the mills under the
cd system Is saved for the development
of the South.
And what is the American Gotten Com
pany? Simply a business organiza ton
formed 10 manufacture and insure the
proper operation of roundlap presses, and
a ready market for cotton in roundlap
bales, and whose profit, unliIx every
charge imposed by the square hale sys-
! tenn, is derived, not from a TAX on the
cotton, but fiom the savings efreeted by
the roundlap bale. Thomas B. Bake
Division Manager the American Cotton
Company.
-s-e-e--
OLD CRIME RESURRECTED.