The Harrison times., 1912-10-05
FARMER LACKING IN SYSTEM
So States President Barrett Of Farm.
ers Union In Address Urging
Co.Operatlon.


President Charles Barrett Of the Ma.
tional Farmers union has sent out
the address to the officers and men,
bers of the Farmers union:
The success of the Farmers Ware.
house company of Mississippi, recent
ly merged into the National Ware
house company. and due entirely to
the initiative Of the Farmers union In
Mississippi, is worthy of the study OF
every farmer in America. From the
manner in which this splendid con-
cern has achieved triumph can be
demonstrated the value to the farmer
OF cooperation, the necessity OF con-
centration, and the paying results
which attend the entrance of the farm
er upon business methods,
This Is one thing the farmer Of this
country needs greatly to learn-mod'
ern business methods, In this respect
we can pattern after the scientific
methods which have brought success
to the great corporations Of this coun-
try, and without which no enterprise
of any nature may hope to survive,
1t Is common knowledge that the far.
mer Of the south, with one OF tho
most splendid assets In civilization,
has sacrificed a tremendous per cent
portion Of his Just profits by failure
to observe the rules prevailing ineo
dinary business channels,
The founders Of the Farmers Ware
house company Of Mississippi some
three years ago recognized these prin.
ciples, saw the need Of science and
efficiency in the handling and mar
keting Of cotton and set to work to
insure both Of them When It en-.
tered into the field this company found
cotton conditions in the chaotic state
characteristic Of the handling Of this
great staple, They have introduced
reform, radically but surely The men
they have selected have been chosen
on the test Of ability to get results,
not on soft.soaplug or nattcry gags,
The farmer has been given place
where he can store HIS cotton, have II
graded by an expert In his employ,
borrow money on It-so recognized is
tho stability Of the company--haye II
marketed with expert knowledge gain.
cd Of the world conditions OF consump'
tlon from the farmers and not the con-
sumers' or the gamblers viewpoint
It Is no wonder that the phenome-
nal three year success OF this practl.
cal amalgamated enterprise moved lts
authors TO merge tho various ware,
houses and tho parent company Itself
into the National Warehouse company.
Tho authorized capital Of the latter In
S2,0O0,000, with about oneslxth paid
IN, Tho majority OF the stock Is held
by farmers, The functions discharged
by the Farmers Warehouse company
have been amplilled by lts successor,
which plans to spread throughout tho
cotton bolt It retains It's own trafto
expert and handles the products OF all
It's members upon u business or basis
and not Of sentiment, That is why II
IB successful, II has the confidence of
the leading bankers Of the state, which
IL sufficient guarantee Of the senslbIl.
ity with which II has been conducted,
Tho officers OF tho National Ware.
house company are T, w, Carter pres
idcnt N. A. Pttman, yIco'progldent,
w, u. sewoll, secretary.trcasuror,
The board Of directors Ia composed OF
tho bcstknown and substantial farm.
ers In Mississippi and other states,
Tho stockholders line up on the same
principle, What | have said ~ simply
brief statement OF what the ware
house company has done, as lllustrat.
ing what may bo accomplished once
the farmer puts his shoulder to the
wheel and resolves to restore busl'
ness methods TO the solution OF busI'
ness probloms,