Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1902-02-07

ure grew out of the sale Of q lot
Of his cotton by H. & c.. New
man, to W. l.. Wells, Of this
city. Tn q chance and casual con-
conversation between Messrs.-
Wells and Buckner- the fact came
out that this cotton had been
sold for one price and account OF
sale rendered at another. Being
called upon for an explanation,
the house, with q fatuity that
seems wonderful could not render
10. Thereupon Col. Buckner piac-
cd the matter IN the hands of n
lawyer. Calculating from the
amount of the loss: Tr this partic-
ular case, o Bill was made out for
a like amount or all of Col. Back
ner's shipments for the past ten
years, A settlement wss effected
for near $40, 900
1t is with no pleasure that the
Herald publishes the humiliation
and disgrace of men of previous
good repute. But there are certain
points that call for comment.
En- the first place the cotton ex-
change Is to be commended for
such summary action toward one
of it's leading members. While
inactoip would have been q severe
refectioa upon the exchange, it
was q bard sentence, and q lower
sense of duty would have CLOSED
over the dereliction. As to Mes
srs. Newman and Hyman, one
cannot withhold sympsthy-It is
a mean spirFt that rejoiees in the
smirch of character. At the same
time the wrong and sobbery they
have perpetratsd on aD old Gus
toner cannes be too strongly rep
rotated.
The turpitude Of the case viii
be recognized by all who realize
the relations between the plan
ter and his ACCOMMODATIONS bas-
ed solely upon confidence and
trust. Nobodyever heard of o plan-
ter verifying his account of sale.
The exposure may have the effect
of making the class more partic-
ular, or influencing sales in the
local markets. In this way IN
injury may have been done the
whole cotton trade of New Orleans
To avert this as far as possible the
cotton exchange should go one
step farther: Its assistance should
be rendered every customer Of H +.
& c. Newman, in the way of test
ing their account sales. IF this
was practiced on Col. Buckner, a
planter who gives close attention
to his business affairs, there can
be no doubt that there are others
who have had the same measure,
And all Of them should institute
inquiry with view to recovery.
The above editorial is taken
from the Vicksburg Herald of the
4th inst.
The GAZETTE regrets that it has
been unable to fluid in the editor.
ial columns of its New Orleans
exchanges an equally outspoker
condemnation Of this outrageous
incident.
The guilty have been exposed
the exchange has expelled them
aud upon them its doors are forever
closed. 1t is now in order for tht
Grand Jury to take this case under
consideration.
The cotton planter is entirely a
the mercy of his factor, and onl,
Through some such accident as il
the present case is it placed in hi
power to right the wrong he ma,
suspect but cannot prove.
The cotton exchange and TIT
daily press Of New Orleans hac
before them in this instance I
plain duty to the good name o
their city and to the future vel
fare of an industry that represent,
so large a portion of the wealth o
Louisiana: the exchange has don'
its full duty in a dignifed and un
compromising manner.
RAILROAD DAY.