Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1913-04-30

COTTON CORPORATION
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Editor oklahoma World
our County Union CBryan County
met In Durant on the l7th In cXccu-
tive session. The turnout was reason
ably good. Brother Belden was with
us, The Southern States Cotton Cor
poration was represented by -. j.
Ben, their chief lieutenant our
county was the first county In the
state 10 endorse the CORPORATION
plans, which was done one year ago
at the solicitation OF Mr., Bell. The
TACT Is our people know very little
about the corporation plans. Tho
concern Is yet an experiment. and
whether or not II Will prove sue
! cess remains 90 be seen, Some Of
our union people have bought stock
In the corporation and, Of course,
try TO think It will win out.
There are some plans Of the cor
poration that It might be well 10 call
attention to, In their little book let 10
wit: "l5-Cent Cotton on pages 7
and 8, We find mention Of some pert-
nent points TO be fouL IN their con-
tracts Now | desire to say right here
that TO get our farmers 10 thinking
In the object OF this letter on the sub
Ject; In payment for the cotton II
Is agreed that the corporation may
Issue 10 the seller It's cotton scrip as
follows" Now the scrip referred TO
Is unsecured due bills Here we find
the farmer agreeing to take these
due bills in payment for his cotton.
This scrip is renewable By the cor
pOration until the entire cotton crop
is sold. However, thert IL consola
tion IN the succeeding clause for the
farmer: He has the privilege OF ac-
ceptlng three-quartcrs Of the market
value Of his cotton in cash, now that
Is some help, we viii agRe, but why
not pay him the market value OF his
cotton instead Of three-quarters OF
1t now. For the corporation TO pay
the farmer 10 cents for his cotton
they certainly must get l6 cents for
II, and If they don't do that they will
80 TO the wall and their scrip to the
waste basket, and the farmer who has
turned his cotton loose TO them for
three-quarters its value, / suppose,
will console himself with the con
ISOLATION that he was victimi2ed while
trying to help his fellow men.
The secretary, Mr. John Anslcy of
Calera, tells us that th3 corporation
will place buyers in the field next
fail, but that they will only compete
with local buyers-will not try to
force prices up. So, Mr.. Farmer, If !
you want Is cents for your cotton
just sell to the corporation on credit |
ana pay them S1.OO additional and
wait until doomsday to test the fidel-
ity Of the corporation.
suppose our local buyers were to
propose buying the farmers cotton on
credit and ask them to give him $LOO
to boot, This one feature Of their
plans would put the most red-handed /
cotton gamblers on the exchange to |
the blush. Now then, this is not |
theorizng at all; this Is precisely |
what their plans disclose. Now just !
book, "15-Cent Cotton and examine
II closely and see for yourself
Now then, here Is another fact: Mr.,
John Ansley Calera, Okla, county
secretary for the corporation told
me that he listed three thousand bale |
of cotton last year G912) and was
to have cents per bale for his work,
and has never received a cent Of 1t
Mr.. W. p Gurley of Kersey, Okla,
made practically the same statement
to me. Both these statements were
made In the presence of Mr.. w. +.
Belden and ID. j. Bell. Mr.. Bell is
the champion Of the corporation. 1t
Will be remembered, also. in the
presence OF the entire county union
in Durant on the 17th of this month,
| notice that in their little booklet,
"15-Cent Cotton" q great deal of
heavy type is used to call attention
to the good things they propose do
ing. find this heavy type all along
until we come to the wording Of the
contract; then presto change" no
heavy type there. The contracts,
printed in the lack OF this book, is
extra small type. Why is heavy type
omitted at this particular juncture?
can see but one reason for IT, which
Is this: They had rather the farmer
did not investigate this too closely.
Just as soon as they leave the sub
ject matter contained In the contract,
then we find more heavy type, and
on page nearly all the space Is
filled with heavy type, l merely
wish to call attention to these thing
that the reader can decide for himself
what the answer should be.
one question right here: Why don't
they enter the ring and buy the cot
ton, pay the farmer the cash for It
and make the profit on It themselves?
II they can hold ir for IL cents for
the farmer they can do IT for them
selves. Do you suppose they have
as much money as they want and
lust propose to give the farmer lift?
II | only knew that was their reason
FOR paying us Is cents ! would send
the management button Just as
soon as my overalls shed one. and
would not think had oVerrated their
deserts.
Yours for the right,
w II. Oathant