New Iberia enterprise. (New Iberia, La.) 1885-1902, 1900-08-25
THEIR INTERESTS IDENTICAL.
FARMERS, GINNERS, AND THE AMERICAN
COTTON co. SHARE ROUNDLAP SAVINGS.

COTTON co. SHARE ROUNpLAP SAVINGS.
Certain Southern papers are publishing
articles designed to prejudice against the
roundlap bale those who do not know their
origin or purpose. They are paid for by
the square bale compress associations,
whose interests is, not that the farmer s
cotton shall be baled in the way that will
bring him the most money, but that it
shall be pnt up in bales that will hnyo to
be compressed. The people of the South
are not to be caught with such chat. The
favor with which the roundlap bale is re-
ceived wherever it has been introduced
is due to it's merit alone, and to the fact
that the producer receives more money for
his cotton in this form than in any other
package. He will continue to use the
roundlap bale so long as he finds it profit
able, and no longer.
The interests of the farmer, the ginner
and the American Cotton Company are
identical.
The farmer has his cotton put in
roundlap bales because the saving which
accrue in their marketing enable the buy
er to pay him premium sufficient to pay
the baling charge and leave him sub
stantial profit besides.
Much as compressmen would like to have
farmers believe otherwise, the American
Cotton Company has no purpose further
than to sucure for itself fair share OF
these savings. It's interest lies in en-
abling the presses which it builds to bale
as much of the Southern cotton crop as
possible. In order to insure this result it
is essential that cotton growers find profit
in the use of 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 realized,
the American Cotton Company became a
buyer of roundlap bales, paying for them
premium above the market value of
square bales. Thus the rental which the
company charges for the use of its presses
by ginners who prefer lease to purchase,
is paid by neither tho farmer nor the gin
ner, but by the cotton buyer (whether the
American Cotton Company or some otheD
and it is paid out of the savings.
Beyond insuring that cotton in roundlap
bales shall in all cases sell for the premium
to which tits entitled and which is paid
for it at the mills, the company does not
60. It's cotton agreement does not require
that single bale Of cotton he sold to the
American Cotton Company. Ginners are
free to buy or lease presses, and every
roundlap bale, with all Of its advantages,
can be bought in open competition by any
responsible buyer and handled through to
the mills, with all Of the resultant savings,
but wherever the ordinary cotton buyer
declines to purchase roundlap bales on
this basis, the American Cotton Company
stands pleged to buy them.
The farmer who patronizes roundlap
gin plant may retain as complete control
over his cotton over his cotton as il he
took it to an old-style ginhouse. II he
does not wish to sell his cotton he can
have it custom ginned and keep his round
lap bales until such time as he is ready
to dispose of them, with the assurance
that they are always salable at the full
market value Of the cotton. plus an in
creased 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 Company to be held
for him and, under all ordinary circum-
stances, draw against it to so per cent. Of
its value. The American Cotton Company
has in this way largely assisted those who
desired to hold their cotton. 1t makes no
commission charge for such business.