The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1910-06-17
A CONVICT LABOR.
Making Good Wheat Crop-WouId Buy
Cotton Mill.

AMI N~SS
Cotton Mill.
With a full attendance, including the
three members of the board and a
number of officers of the penitentiary
department, the board of prison trus-
tees met for their regular monthly SEES
sion Wednesday.
Concluding his report, Trustee Tay-
lor had the following to say:
Our experiment with wheat in the
delta has been perfectly satisfactory
and up to our most %sanguine expccta-
tions, the crop yielding, according to
the best wheat men whom we have
had to inspect it, not less than forty
bushels per acre. We therefore feel
encouraged to increase the wheat acre
age very considerably this fall.
I'VE are very much convinced that
1t is part Of our duty, at least - diver
sify and develop such crops as will
prove beneficial, not only to the state
farm, but to serve az an object-lessoA
to the entire farming population. We
have a fine state in which to live, and
should all, in my judgment, thorough
ly develop the many availa-
BILE within its borders"
Col. Montgomery, the First district
member of the board, takes also a
rather optimistic view of the outlook,
and prospects seem good for crops of
every description. He said:
81 really think that a movement
ought to be put on foot by the next
legislature to sell the Oakley place and
buy the Wesson Mill property or else
erect some mill in the delta whereby
the five or 81 xthousand bales OF cotton
that the state makes can be manufact-
ured on her own soil"
No Bidders for Bonds.
Gov. Noel does not anticipate the
likelihood Of a special session OF the
legislature being made necessary on
account Of his failure to sell the $500,
900 state bond issue, authorized at the
recent session to meet the prospective
deficit In revenues for the biennial pc
riod.
While the failure to market the
bonds a surprise and a disappointment
to Gov. Noel, he attributes it not to
any lack Of confidence in Mississippi
securities, but to the present condition
OF the money market that renders a
four per cent bond, twenty-year period
unattractive to the bond-buying syndi
Gates.
The governor was especially sur
prised to learn that the foreign bond
committee Of the London stock ex
change had issued a warning against
Mississippi bonds, and also the secur1
ties of North Carolina ON account OF
the reputation Of certain ante-bellum
issues.
Mississippi has marketed number
less bond issues since the civil war
and has always succeeded in placing
them on the market at par or above
during Gov. Vardaman's administra
ton considerable difficulty was en-
countered In marketing bonds, owing
to the financial stringency that finally
eliminated in the panic of 1907, but
the former governor managed to dis
pose of the issues at par.
In event there is not an improve
ment in the general financial situation
that gives promise of the likelihood o.
selling the bonds in the Eastern mar
ket, it is more than likely that Missis
sippi's spirit of patriotism and civic
pride will be appealed to, and that thu
bonds will be sold in small blocks tt
parties within the state.
Near Beer 1T Jackson.
Here and there about Jackson arr
noted preparations under way for open
ing up for the dispensing OF near beel
and similar compounds. These mer
feel safe under the recent decision o.
the supreme court and are satisfied
that they will not be molested. IL
Vicksburg and some of the cities ope
rating under special charters the loca
authorities have the power to lay I
heavy privilege tax, and as the pronts
are said to be very remunerative 1t II
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