The Lexington dispatch. [volume] (Lexington, South Carolina) 1870-1917, 1900-09-26
THEIR INTERESTS IDENTICAL.
Farmers. Ginners and the American
Cation Co. Share Rouna!ap Savings.

Farmprs Gjnners and the American
Cotton Co. Share Rouna!ap Savings.
Certain Southern papers are puo-
fishing articles designed to prejudice
aysipst the roundlsp bale those who
do not know their origin or purpose
They are paid for by the square bale
compress associations, whose inter-
cot is not that the farmers cotton
shall be baled in the way that Will
bring him the most money but that
it shall be put up in bales that will
have to be compressed. The people
of the South are not to be caught
with such cheff The favor With
which the roupdlap bale is received
wherever it has been introduced Is
due to its merit alone, and to the
fact that the producer receives more
money for his cotton in this form
than in any other package. tie Will
continue to use the roundlap bale so
long as he finds it profitable, and no
longer.
The interests Of the farmer, the
giuner and the American Cotton
Company are IDENTICAL.
The farmer has his cotton put IN
roundlap bales because the savings
which accrue in their marketing en-
able the buyer to pay him premium
sufficient to pay the baling charge
and leave him a substantial proht
besides.
Much as compressmen would like
to have farmers believe otherwise,
the American Cotton Company has
no purpose further than to secure
for itself fair share Of these saw
inps. It's interest lies in enabling
the presses which it builds to bale as
much of the Southern cotton crop as
possible. 10 order to insure this re-
suit it is essential that cotton
growers find profit in the use Ct these
presses, or they would not patronize
them. To this end, and in order
that the full savings Of which round
lap bales are capable might be real
lied, the American Cotton Company
became a buyer of roundlap bales,
paying for them a premium above
tue market value of sqaare bales.
Thus the rental which the company
charges for the use of it's presses by
giuners who prefer lease to purchase,
is paid BY neither the farmer nor the
ginners, but by the cotton buyer
whether the American Cotton Com
pany or some othef) and it is paid
out of the savings.
Beyond iusuring that cotton in
roundlap bales shall in all cases sell
for the premium 10 which it is en-
titled and which is paid for it at the
mills, the company does not 60. Its
cotton agreement does not require
that single bale of cotton be sold
to the American Cotton Company.
Ginners are free TO buy or lease
presses, and every roundlap bale,
with all of it's advantages, can be
bought in open competition by any
responsible buyer and handled
through to the mile, with all OF the
resultant savings, but wherever the
ordinary cotton buyer declines 10
purchase roundlap bales on this
basis, the American Cotton Company
stands pledged to buy them.
The flrmer who patron!zes a
roundlap gin plant may retain as
complete control over his cotton as
if he took it to an old style ginhouse.
If he does not wish to sell his cotton
he can have it custom ginned and
keep his roundlap bales until such
time as be is ready to dispose OF
them, with the assurance that they
are always salable at the full market
value of the cotton, plus an increas-
ed price because it is in roundlap
bales. II he likes he can arrange
with the roundlap ginner to ship his
cotton to the American Cotton C)m-
pany to be held for him aud, under
all ordinary circumstances, draw
against it to 50 per cent. of its value.
The American Cotton Company has
in this way largely assisted those
desired to hold their cotton. 1t
makes nc commission charge for such
business.