Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1911-09-12

rious times. believe that a system
of warehouses should be organized
throughout the cotton belt with large
central warehouses at such points as
Atlanta, New Orleans Memphis, Hous-
ton, Dallas. Savannah, and every impor-
tant center, with branches located at.
convenient and psychological points.
WAREHOUSE PLAN.
These warehouses could be owned ond
controlled by the farmer sthemselves,
but placed under governmental super
vision. The duty of the employees OF
these warehouses should be fixed and
prescribed by an act of congress. with
suitable bond and penalty.
They should be required to give you
autographed receipt which could not
easily be initiated showing the quantity,
| quality, and guaranteeing the safety,
delivery and care of this cotton. This
kind of receipt would be negotiable at
any bank at a low rate of interest, or
could be discounted by the warehouse
company, should the plan provide for
1t, in the eastern, western, or even for
eign markets.
The banks Of Scotland, the banks of
England and the banks of France, and
1 in other foreign countries, as well as
our own big banks in Chicaaxgo and
new lOThs are ldutu W TIC mt Will
money, waiting to loan 1t to you at a
low rate of interest upon your cotton re-
ceipt, when it ID properly issued and
certified to by responsible authorized Of
ficers of the warehouses.
The banker holds your money on de-
post as trustee and has no right to
make loans without proper security.
Prerare your security and the money is
ready and waiting for you r
/ 49, - x.rx
Throughout the cotton belt, but few, II
any, of them are prepared to give you a
receipt guaranteeing the quality, guam
tity, protection from loss by fire, guar
anteeing care and prompt delivery.
The man who weighs your cotton
cotton should be under oath. The man
who fixes the grade of your cotton should
be an expert and should do it under
oath, The man who certifies to your
receipt should be under bond, guarantee
ing it's care and delivery. One and the
same man can do all of this. The re-
ceipt would sell at full face value at
any time and at any market; the pur-
chaser would have no use for samples
of your cotton. All that would be re-
quired would be the transferring from
the receipt to the purchaser
1 believe this to be plain, business
like way of handling your cotton. I'M
trouble in securing the aid Of the banker
in financing and Systematically. market
ing your cotton. so as to give it to the
manufacturer as he needs 1t and there
by eliminate the professional Spectator
HAVE GOOD SECURITY.
You have got the best security the
world affords, but you have not had
It in proper form for a basis of credit
Under this system. l believe it possible
for you to secure a low rate of in
terest, a low rate of Insurance and Sc
cure a higher and more uniform price
for your cotton and that without injury
to the manufacturer or consumer.
Every person and industry is indebt-
ed to you and i believe that they stand
ready to aid you in your work. How
ever, you should take the initiative.
You should decide upon the proper plan
and If it is fair, sound and just, you
will have the cooperation of the bank
ers the manufacturers, the merchants
and consumers. u say they will all
help you The government should help
you You should especially receive aid
and encouragement from the states in
the cotton belt.
AS TO GOVERNMENT.
Our federal government should protect
its vast resources, agricultural and min
eral, and supervise its legitimate indus
trial enterprise
There should be an awakening along
the line and the government brought
closer to the people.
Our children should be taught political
economy their responsibility to
the government their right of franchise
and the value of a clean ballot and
good citizenship
For peace prosperity and happiness,
we must look to the intelligent and
faithful citizen.
| Under our present system of road
building we will soon have graded and
paved public highways from county site
to county site throughout the state
This will give the people in the rural
districts new and improved conditions
| Good roads means the extension of
the rural free delivery, giving the coun-
| try people equal opportunities with the
people in the towns and cities.
Good roads will extend the public
schools. / want to say, however, that
our public schools will never accomplish
their full purpose until they are re-
financed.
The new law creating a commission
makes it practical The state has as
sumed the responsibility of educating
the children within it's border and it
should do it properly and impartially
We should fix a maximum tax levy
by constitutional amendment taken
from the present mills to be used for
school purposes only.
This will give you good and efficient
schools that will put in reach of every
child in this state a common school
i education
1t will insure prompt payment of teach
ers and will remove as far as practical
politics from our public schools
Let the farmers of Gordon county
unite their interests, their purposes and
their thoughts in this work.