The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1912-01-03

TO him would be to stay out until
even the small element OF chance now
visible to the naked eye Of the abnor.
mally suspicious is entirely removed;
but. unfortunately for him, he can not
do this. for In common with most of
his other experiences he must have
faith and take some chances. II
would be very poor farmer indeed
who would say I will not waste my
seed to plant crop In the spring.
but will wait till fall and see what
kind of returns Farmer Smith, who is
so foolish as to take the chances OF
sowing in the spring, will get. No
farmer is quite so foolish as to take
this course In reference to his crops,
but many Of them are doing this very
thing now in regard to their invest
ment in the Burley Tobacco Company.
I hear many farmers say that they
don't want any stock in the company.
Well, what boots that? You already
have It, and am sure that you don't
want to throw II away. But they say,
We will have our money Well, you
can get your money II someone will
buy your stock and pay for it, but you
we'll know that you cannot arbitrarily
demand your money and compel the
company to pay it, any more than you
can go to bank in which you happen
to have, say. five hundred ($5OO) dol
lars worth Of stock and compel 1t to
pay you back the money which you
invested In it.
Why Doubt Management
again. some farmers will say, we
don't believe that the corporation will
be honestly managed, hence we don't
want any stock in it, and many OF
these farmers will take stock in a
bank and feel that they have done a
wise and conservative thing. never
worrying for a single minute over the
possible and probable mismanage-
ment Of the banks financial affairs.
Yet the people who are managing the
affairs of the Burley Tobacco Com
pany are. to say the least, equal in
integrity. intelligence and general
business capacity to the average bank
err in this or any other state.
ITO show you that 1t pays to man.
ufacture tobacco 1t Is only necessary
to point out the fact that the original
stock Of the American Tobacco Com
pany was fifty million ($50.00 000)
dollars, and that company is now pay.
ing large dividends, about four or five
times year. on five hundred million
(s500.O0O.O00) dollars. And this. farm.
ers, is being done at your expense.
Made Nearly Half Million.
"This Burley Tobacco Company,
farmers, with it's fourteen hundred
thousand ($1.4OO,O0O) dollars in
stocks, belongs to you. You organ.
lied it and put up every dollar of
its stock and last year. in its opera
ton, you made nearly half million
($500,000) dollars, and now what do
you propose doing with it? If you stay
with it and see that it is honestly and
conservatively managed, 1t will, in my
opinion, be the most paying PROPOSE
tion you ever had. But II you stand
aloof and 'cuss' and abuse 1t for
forget that you ever had 1t, of course
someone is going to take care Of 1t
or it is evidently too valuable to be
disclaimed by everybody. II the farm
ers of the Burley district owned
bank in Lexington with a capital stock
of a million and half ($1.500,O00)
dollars, and that bank was making
money as fast as the Burley Tobacco
Company is, am sure that you would
want all your neighbors to know the
fact that you were the proud posses
sors of some of the stock in that bank
and you would also know who man.
aged that bank and how 1t was man
aged Well. why are you not equally
business-like and sensible about your
Burley Tobacco Company!
Has Beaten All Banks.
There Is no bank in the state that
has made as much money as your
company has, In the same length of
time. and placed on the footing where
its promoters are now aiming to put
1t; there Is no bank In the United
States that will pay as well in pro-
.1-tt1n 70 tho amount iuvastad no thie