The Montgomery advertiser., 1902-07-23

The next topic up for consideration was
How can we get lower rates OF insur-
ance against loss or damage by fire."
Hon. Jesse Stallings said that he did
not know how it could be done. but 4
| there was q way in which their brethren
| of the insurance companies who pay their
| president $4,000 a year could be persuad-
| ed to scale down their rates he was in
| favor Of 1t. He offered a resolution re-
ferring the task of securing lower in
surance rate on gin property to the Elk
ecutive Committee.
In speaking to the resolution the Butler
ginner declared that the present rate Of
5, 6 and cents on property which was
| used only two or three months In the
year, was practical confiscation.
Mr.. Hanson in discussing the resolution
| read a letter which he had written an
insurance agent in attempting to secure
| a low rate on his gin property in Ala
| bama and Georgia. In this letter Mr..
Hanson stated that it was a matter OF
impossibility for the ginner to secure ths
minimum insurance rate on gin property
| unless he tore his gin down every year
! and rebuilt 1t every time the insurance
agents met at summer resort and fixed
new specifications. He told the agent in
| that letter that the insurance agents had
| the ginners where they could not help
was coming
He called attention to the organizations
of ginners in Alabama and Georgia and
| said that the establishment of a cooper
alive insurance association for mutual
protection against the old line companies
was more than probable. This organiza-
| ton. under a name similar to the ''Indi-
vidual Ginners Underwriting Association"
| which would insure all gin property at
| lower rate than now obtains.
| The suggestion contained in Mr.. Han
sons letter met with favor among the
members. 1t went with the Stallings res
olution, to the Executive Committee for
action.
"Practicability of physical allotment of
business" was next discussed 1t was
soon decided by the Association that this
question called for no action and but lit
| tie discussion. The President stated that
| he had been surprised on reaching the
| city to learn that some had received the
| impression that the organization was to
| be big trust. Nothing was farther from
| its purposes and it would take no step
| In that direction.
Mr. Cotes of Dallas said that the physi-
cal allotment of business was impossi-
BILE The business could not be divided
and no attempt should be made in that
direction.
Mr. Little of Auburn suggested under
| this head that the law for the collection
Of gin charges should be changed so that
| the ginner could collect charges due MIN
| by a farmer from the last bale, II neces-
| sary, although the debt might have been
incurred in the early part of the season,
The Legislature, in Mr.. Titles opinion,
should be asked to amend the law.
| The Association, however, took no &C
| ton upon the suggestion.
Mr. Coanine OF Jasper explained that
he had successfully established ginning
scheme with a money premium to be
given the successful guesser, who had
paid his ginning charges. In this way,
| he had in the past eight years lost only
$500
Mr.. Staliings was opposed to leaving
| this subject until a fixed rate for gin
ming had been decided upon. The ques-
| ton, he declared, was in the minds Of all
| the members and 1t ought to be decided
right now. 1t was the question of all
| questions before the Association.
Mr.. Stallings offered a resolution by
which the members of the Association
| agreed to charge 30 cents hundred or
$50 a bale, the farmer to furnish the
| bagging and ties.
Mr.. Pickett of Opelikaa thought that
$3.50 a bale for ginning was too much.
1
more than it could chew. There was nc
way of keeping up prices. and he thought
/ that the ginner who charged rs cents a
hundred or ST. IS a bale was making as
much money as the farmer.
Mr.. Gamble of Tallapoosa spoke in ia
vor of the charge of Sl.5O for each bale.
Mr.. Coanine of Walker concurred In
| what Mr.. Pickett had said. He said
| that there was living In ginning cotton
T.. Ill Ion q arrnn
| deal of the cotton had been ginned for
20 cents a hundred or S1.0O q bale. There
was no wa yof establishing = price OF
| so a bale in that section.
| Mr. Hanson declared that the price
could not be arbitrarily fixed. He was
not nor did he think that the members
| were ready to bind themselves to the fixed
price
While members could not fix the price
and collect 1t, they could decide what II
was worth TO gin a bale of cotton, In
| some parts of the State the glnners were
receiving 80 cents a hundred, which, he
| thought was a fair price. The members
| of the Association could use every eXer-
ton to get $3.50 a bale.
| AS a settlement of the question, Presi-
dent Hawkins on the flood with DR.. Stone
presiding, offered the following resolu-
| ton: 2
Resolved, That it is the sense OF this
Association that 80 cents hundred be a
proper charge for ginning cotton; each
| member, however, will govern himself
| according to his surroundings.
| In support of his resolution, Mr. Haw'
| kins delivered an enthusiastic speech. He
urged the members to go home and
work for the success of the Association
until 1t met next year, then would be
represented $500 gins instead of 100.
The resolution was discussed by Mr.
| stallinRs, Mr.. Hawkins and other mem
hers of the Association. The resolution
| was unanimously adopted.
| AS to the dues which should be prop
erly paid into the treasury, Mr.. Hanson
suggested that 25 cents be paid for each
gin and one-fourth of one cent for each
4 bale be paid. The one-fourth of cent is
to be assessed on the output of the cir
| for the last year. The suggestion was
| adopted.
| Before adjourning. Vice-President Stone
urged each member to throw his infiu-
ence towards the upbuilding of the AS
| ISOLATION on his return home.
The Association adjourned at $50, sub
iect to the call of the President. The
place and time of the next annual meet
ing is to be decided by the Executive
Committee
GROVES CHRONIC CHILL CURE