The Colfax chronicle., 1900-09-08
NO. "A.


/
Farmers Dinners and the mericam Cotto
Company Share Roundup Savings.
Certain Southern papers are Publishing arti
cles designed to prejudice against the Roundla
bale those who do not know their origin or par
pose. They are paid for BY the square bal
compress associations. whose interest il, NO.
that the farmvr's cotton shall be baled in Ii
way that will bring him in the most money, a
that it shall be put up in bales that will have
be compressed. The people of the South Or /,
not to be caught with such chan. The favo
with which the Roundlap bale has been receive [
wherever it has been introduced il due 70 it |.
merit alone, and to the fact that the prvduce
receives more money for his cotton in THE form
than in any other package. He will continus {,
use the Roundlap bale 20 long d he finds is
profitable. and no longer.
The interests Of the farmer. the ginnef and ID ,
American Cotton Company are identical.
The farmer has his cotton put in Roundlso
bales becatse the savings which accrue in thsi
marketing enable the buyer tn pay him Q pro.
mium sufficient to pay the baling charge an
leave him substantial profit besides.
Much a. compressmsn would like to have Tar.
mers believe otherwise, the American Cotton
Company has no purpose further than to secprs
for itself fair share of these savings. Its In
terest lies in enabling the presses which il builds
to bale - much Of the Southern cotton - poosi.
bie In order to insure this result il is essential
that cotton growers and profit in the uss Of thsa.
presses. or they would not patroniss them. r.
this end. and in order that the full saviuss q
which R0undlap bales are capable might be r.
alised. the American Cotton COMPANY became
buyer OF Ronndlap bales, paying for thsm pre-.
MUM above the market value Of square bnles.
Thus the rental which the company charge.
Tor the use Of its presses BY ginners Who prsfs-
lease to purchase. 10 paid by neither the farmer
nor the ginner. but By the cotton buyer (whsths-
the American Cotton compwhy or some othsrl
and 1t is paid out Of the savings.
beyond insuring that cotton in Roundlap bales
shall in all cases cell for the premium to which
1t is entitled. and which is paid for il Ct Il,
mills, the company does not 60. lts cotton
agreement does not require that = single hal,
OF cotton be sold to the American Cotton CON
psny. dinners are free to buy or lease presses.
and every Roundlap bale. with all Of its advan
lages. can be bought in open competition by
any responsible buyer, and handled through to
mills, with all Of the resultant sruines: but.
wherever the ordinary cotton buyer declines to
purchase Roundlap bales on this basis, the Amer
'an Cotton COMPANY stands pledged r. buy them.
The farmer who patronises Roundlsp gin
plant may retain a. completes control over hi.
'otton as il he took it TO old-styie gin homie.
1t he does not wish to sell his cotton. he can
lave it custom giuned and keep his Roundlap
'aies until such time a. he is ready to dispose
y them. with the assurance that they ars always
aleable at the full market value Of the cotton.
'ius an increased price because it is IN Round
ap bales. If he likes he can arrange With the
soundisp ginner to ship his cotton to the Amer.
can Cotton company, to be held for him. and
nder all ordinary circumstances draw aeainst
TO 10 per cent of its value. The Americaa
otton company has in this way largely astistei
o commission for such business.