The Mt. Sterling advocate. (Mt. Sterling, Ky.) 1890-current, 1908-05-20

going to charge 10 per cent for sell
ing the tobacco which is in the pool
Such statements are very misleadins
and wholly incorrect. They have
probably arisen from the fact that IL
per cent of the returns from al TO
bacco sold will be held back until all
Of each grade is disposed Of But this
is not held back as a charge for sell.
ing the tobacco. but as a reserve fund
70 guarantee the man whose tobacco
goes last. that if any contingency
should arise whereby his tobacco does
not sell for as much as did the tobac-
co which goes first, then there is
something in the treasury Of the So
ciety 10 equalize with.
Every man who holds his tobacco
IN the pool has made the market just
as much as has every other member
Of the pool. The market has been
made and we are now selling tobacco.
II all can't be sold at once. somebody's
has 10 go first Is il fair that the man
whose tobacco happens TO go first gets
all of his money at once. while those
who are still holding, and have made
the market just as much as did the
first man selling. have nothing held
back 10 assure them that all members
of the Society will. in the final settle
ment, receive the same price for the
same grade of tobacco? Certainly not
and IL is to assure all that they will
receive such a settlement that the 10
per cent is retained temporarily at
headquarters.
The expense Of the organization will
OF course be prorated over all of the
tobacco. and just what II will be can
not be exactly figured out until all OF
the tobacco is sold. However, it is
generally thought by those who are
familiar with the affairs of the Society
that il will not exceed 2 per cent II
would be even less than this but for
the extra expense necessary in organ
iZing and starting such a large move
as this is. Once established many of
these expenses can be eliminated. Ey-
cry buyer of pooled tobacco paws the
Society 81 per hogshead. in addition
10 the pool price. buyers fee. and this
goes far toward defraying the ex-
penses.
None Of the officers of the Society.
excepting the secretary. are salaried.
They have not only given their time
and best business energies and paid
all OF their own expenses, but they
have also put up the money necessary
70 keep the organization going until ii
could get on a self-sustaining basis
OF course they expect 10 have this ex.
pense money paid back 10 them but
as TO whether they shall receive any
thing in payment for their services
rests entirely with the growers to say,
through their representatives on the
District Board. The men who have
taken the lead in this fight are all
plain, practical farmers. They went
in to win in a practical and honest
way, 10 better not only their condi.
ton, but the condition of all tobacco
growers. They are not seeking the
limelight Of publicity; they are not in
the fight for the purpose of boosting
political races, nor have they been
promised any salary
Insofar as the Shelby County Board
of Control is concerned there is not
member Of it who is candidate for
any Office, receives any salary or asks
any. This move Of the tobacco grow
ers is not private enterprise. There
are no star chamber proceedings in It,
and those who are acquainted init
mately with the affairs of the Society
are glad at any time to answer any
questions that members may ask.
SHELBY CO. BOARD OF CONTROL, |
BY John e. Brown, Chairman.