The Brandon news. (Brandon, Miss.) 1892-1961, 1905-01-05

ances the most feasible and practice
able method to be pursued in the
present emergency has been put forth
by Tom Lyle, the well known mer-
chant Of Meridian. In talking to
Star reporter, he said:
IT believe Ia organization, and
have preac'oi such business principles
since I have been old enough to undsr-
stand the ways Of the world" said
Mr.. Lyle.
Il believe the cotton men of every
section in the south should get to.
gether and organize stock companies
and purchase and hold all the avail
able cotton in sight, and pay the
market price.
1.-THE plan favor is for the people
of the south to get together and put
up SO much money. Almost any
person, whether he be in the cotton
business or not will place few dol
lars as the investment will be one Of
the safest in the world. With this
money believe all the cotton which
can be purchased should be bought.
Of course there must be an iron
clad understanding. that none Of the
cotton so purchased is to be sold until
the market reaches the price desired
when it can be turned loose.
I'm other words, and to be more
plain and explicit will say that the
business men and planters OF the
south should band themselves together
with only one object in view, to Sc
cure the proper price for the staple.
I believe such organizations should be
formed ct every point where there is
located q warehouse or compress.
After the organization has been formed
and the money secured eou1IerG and
runners should be sent out all over
the country, telling the farmers Of
what has been done.
Understand me, the cotton bought
by such methods Is not to be sold
unless the price desired is secured,
When man enters into the aggree-
ment he must do so with this under.
standing. The cotton will be stored
in congresses and warehouses, and in
this manner over two million bales
can be taken Oft the market and the
yield will be under 10000, 900 bales
and the price is sure to 60 up.
1T might be said that some plant
ers can not enter into such an arrange.
ment on account of the lack of finance.
Such statement is absurd. Suppose
a farmer has ten bales of cotton and
desires to place $50. 90 into the pool to
buy cotton.
HE can sell bale at the prevail
ing price and store away his other
nine. So on down the line. Many
man, not cotton buyer or planter
will readily take stock say from
S 500 to $1,0O and so on. Buy all
the cotton possible while the money
secured by the formation Of the pool
and organization lasts.
''The plan have outlined believe
is the best thing possible for the sal
walton of the cotton interests and the
interests of the south. Instead of the
manufacturers and others telling us
what to do, we can If we will pur.
chase and store away about two mil.
lion bales, tell them few things our
selves.
With the yield around the 10, 600, 900
mark, the price is bound to 60 up and
I will wager on it. There is no
chance on earth for those who place
money in such business as the or
ganization to lose, as the price is GER
tainly as low as it can get.
81 would suggest that the business
men of Meridian and every cotton
section get together and try and form
an organization, whose purpose will
be to buy and hold cotton with an un-
derstanding that it is to be held until
proper prices are secured Not one
bale is to be sold until then.
Il believe the compress and ware.
house men of the south will come to
the rescue of the people and lend
them all the assistance possible by
storing the staple free of cost, leaving
only the insurance and other moi
dental expenses to be paid by the
owners. -