The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1905-03-15
MEMBERS OF THE
COMMITTEE BACK
Harding and NeSbitt Return
from New Orleans
The WAREHOUSE QUESTION
Committee on Warehouslne Cotton
Considers Observation-Disclosures
Trust Not Favored--lnde-
pendent Warehouses.

W p. G. Harding and W. D. Nesbitt,
Alabama members of the warehouse COM
mittee of the Southern Cotton association
who attended meeting of the committee
in New Orleans. Monday, have returned
home. other members of the committee
who were present at the meeting were
President Harvie Jordan, w. ]. White
of Russellville, Ark, who has already es-
tabllshed a warehouse in his town and
made 1t a successful enterprise; w. L.
Jones of Alabama. G. Gunby Jordan, pres
ident of the Phoenix cotton mills of Co.
lumbus, Ga; Thomas Lyle of Meridian.
Miss, and DIR. Long of Tennessee.
The warehouse question was thoroughly
considered Nothing was done toward
establishing a warehouse trust system,
and nothing of the sort will be enconr-
aged, but the committee will lend Its In
fuence and moral support to the building
and operation of warehouses in cotton
towns.
The secretary of the association will be
ready to furnish local warehouse COM
panies with information regarding the
best methods o. construction and the
economic purchase of material. As mem
bers of the committee pointed out, loca.
capital is ample for building ADEQUATE
warehouses. There is no community that
cannot have a warehouse If some enter
prlsing citizen will interest himself in the
business.
The New Orleans States of Monday af-
ternoon contained a short report of the
committee meeting from which the fol-
lowing extract Is taken:
Mr.. Harding of birmingham is the
president of the First National bank of
that city, and takes deep interest in the
cotton association movement realizing
that its success means much for the gem
eral welfare of the entire south.
Mr.. White eff Arkansas brings the
news that the people of his section now
have 1000 bales of cotton in the RUSSELL
VILE war, house. The farmers are pay
ing twenty-five cents a bale for the priv
ilege of sto1.nr. Insurance can be had
ant the investn emit Mr.. White says is a
paving one, and has been from the start,
"The stock was fixed at IS per share
ana the merchants and bankers took it
up with alacrity Many Of the leading
planters subscribed most literally
We have had a task to convince the
small farmer that the warehousing plan
was for hi intrest," sale Mr.. White.
''He is constantly imbued with the idea
that some one on the outside is trying to
work him in some way or other. al
though he has no definite idea in
what way. But we have, SO far
as our community is concerned, over
come this prejudice and now we have a
practical demonstration of the feasibility
OF warehouses en- he cooperative plan.
In my opinion much good would result
to the planters of the cotton belt In gem
eral IL every town that ships a thousand
bales would establish a. similar ware
house. l believe that such warehouses
will in the course of a reasonable period
of time be established at all such towns.
mr. Nesbist has prepared some very
valuable statistics and data on the sub
1ect of warehoLsing, and has the same
with him before the committee meeting
today. This material was presented by
him before the cotton convention Just be-
fore the close of the last session. and or
dered filed and published with the off,
cial proceedings"