St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1911-09-30

setting for the purposes and organi-
cation of the company and describ
ing its plants and properties. The
aim of the publication is not to ex-
plot the corporations products, but
to tell what it is, why and how it
was organized, and what it is doing.
Following are some quotations from
the booklet:
Profit-money making-is the
obvious reason for the organization
of every commercial undertaking.
But this belief in, and desire to
develop the opportunity for profit in
given business must-if the belief
Is sound and the desire is honest
be founded on the SERVICE it is
proposed to render in exchange for
the expected gains of the enterprise.
Any new development in an old in
dustry must, in order to be success
full, do something different, do some
thing better, supply some actual
need
The International Agricultural
Corporation, organized in July, 1909,
was founded ON the belief
That the chemical fertilizer in
dustry in the United States, upon
somewhat revised lines, afforded the
greatest of commercial opportunities.
That the fertilizer business to be
continuously successful must be
based upon ownership of the sources
of the crude materials required.
That the present was the time to
undertake such work, because the
vast increase in the consumption OF
commercial fertilizers, year by year,
clearly demonstrated that the farm
ing community was awakening to the
necessity of it's increased use, renew
ing the fertility of depleted soils and
doubling the yields of lands yet fer
tile.
That the company which gave the
customer better condition of the
goods furnished, better shipment of
goods, better freight rates on goods
shipped, would not be long in secur-
ing recognition.
With these definite purposes in
mind, the International Agricultural
Corporation has invested SIS, 900
of it's authorized capital of $36,000,-
600, and for every dollar of stock
issued (both common and preferred)
has obtained tangible assets in the
form of plants and properties, neces-
sary in carrying out it's plan to real
ize for it's stockholders and the con-
Stunning public the benefits of an Or
ganization equipped with ample re-
sources of raw materials and ade-
quate manufacturing facilities so
placed over the country as to secure
the most economical distribution of
Its products.
GATHERING THE RAW MA
TERIAL.
The organizers of the international
Agricultural Corporation fully real
ICED that they must secure adequate
sources of crude material supply,
amely-Phosphate Rock, Sulphuric
Acid, Potash and ANN oniates-in
order to produce at lowest cost COM
plete fertilizer, containing in well
balanced proportions the nitrogen
(ammonia) phosphoric acid and pot
ash necessary to plant life.
Carrying out it's plan of operation,
the International Agricultural Cor
poration purchased $4,000 acres of
phosphate lands in Florida, and also
secured the largest portion of the
brown rock deposits of Tennessee.
The present yearly output of the
mines owned by the corporation is
fully one-third of the total of land
pebble product from all the mines
in the state Of Florida Electrical
energy for pumps, washers and trans
pcrtation, oil burning dryers, con-
crete construction for dry bins, thir
ty-six miles of railway, conservation
of water supply and scientific man
agement" in every detail of it's opera
lions are among the factors that en-
able the International produce land
pebble phosphate of all grades eco
namically.
SULPHURIC~ ACID SUPPLY.
Instead of manufacturing its sui
phuric acid from pyrites, as is GUS
tomary, the International secured
ten-year contract with the Tennessee
Copper Co., of Copperhill Tenn, and
with the Ducktown Sulphur, Copper
and Iron Co., Ltd, of DucktoWn,
Tennessee, for their total output of
sulphuric acid, which it has been
stated by the producers will exceed
100000 tons of 60 degree acid an
nually.
BY means of tank cars (190 are in
service at the present time) this acid
is transported to the various works
Of the corporation, ana employed in
manufacture.
COULD SUPPLY AMERICAS POT
ASH FOR $50 YEARS.
At the time of the organization of
the International Agricultural Cor
Doration an opportunity was present.
ed to buy on favorable terms one OF
the most valuable of the German
Potash Mines-the Kaliwerke Soil
stedt Gewerkschaft. This purchase
was affected by the outlay of S4,-
0Oo, 900, for which the corporation
obtained property estimated by ex-
perts to contain about 140,OO0,000
tons of potash salts, Of which lmak-
ing allowance for waste, etc., about
7O.O00,0O0 tons-equal to IL, O00,-
600 tons of pure potash, k2Q-,
should be available for mining. On
the basis of last years consumption
of 100000 tons (K2Q) the entire
United States market could be sup
nlied from the Sollstedt mine for a
period Of $50 years. The mine has
n strictly modern plant, which alone
cost more than S2,500,000. It has
a present capacity Of about one-third
the annual consumption of the United
states. and is being enlarged.
The benefits anticipated from the
Internationalss purchase OF SolIstedt
were to some extent minimized by the
action Of the German government, |
aimed to deprive SoIEstedt American
customers Of the benefits Of Increased
nrndnction and much lower prices |
t t the Potash Syndicate maintain
-. 4 80 q II Ecirr;I1n Of Qnces the