The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1914-09-29
RAILROADS AN AGENCY
They Will Furnish Minimum
Lone Haul Rates and viii
Stop and Reload Cotton at
Warehouses for a Small
Charge and Make it Easy to
Secure Receipts

~ hS
Washington, d. c., Sept. Car
rangements were perfected today by
the Interstate Commerce Commission,
IN connection with the Treasury de-
partment and the Federal reserve
board. to relieve the cotton storage
situation in the South.
These branches of the government
have Joined in assisting cotton plant
ers and railways of the South in
meeting the extraordinary demand
fer the storage of cotton occasioned
by the European war.
The commission. in an
ment Of new tariff n transportation
regulations made today, says that for
the purpose of providing temporary
~warehousing space fer the storage of
cotton. under arrangements approx
"a hv the Secretary OF the Treasury
and the Federal reserve board; and
for the of permitting the
carriers To recognize the warehouses
rs points for the storage of cotton. in
order hat such points should be Civ
en- the benefit of transit privileges the
Interstate Commerce Commission has
authorized the carriers of the South
10 publish and file tariffs establishing
ON their lines rules, regulations n
charges governing the storage of cot
ton during the cotton year ending
August 81, 1915"
Get Warehouse Receipts.
The new regulations are expected
not only to relieve the storage situa-
tion. but more Importantly the fl
nancial situation, which,, to cotton
planters, has become serious on &C
count of the difficulty in marketing
the cotton crop. With warehouse re-
ceipts for their cotton the planters
will he able to realize at once upon it
n,4I fha, t,1nxr IN uyoi n ~ h1n fiD,,
for forwarding the crop to final desti-
nations. The expense of the ship
ments and w~arehousing has been fix
ell at a minimum.
The Regulations.
Following are the commission
regulations. which the railways are
authorized to put into effect i'm
mediate upon fling Of the neceSSar m
tariffs.
Il. Cotton shipped. for ware.
housing and reshipment must be con.
signed to the warehousing point ant
freight thereto paid on basis of tn,
fun local rate. upon which the deliv
ering agent will give paid freight re
celpts. which the holder of the cot
ton should retain for the purpose 0
securing reshipping privileges.
=. Upon reshipment from tn
"~arehousing point, the shipper will
be required TO surrender to the agen
of the line bringing tie cotton int
me warehousing point the PAL
freight bill covering that identica
cotton. The number of bales, mark
and weights of cotton, as forwarde
from the warehousing point mus
conform to the paid freight bill, an
In addition the shipper will be re
CURED to certify on the back of tn
paid freight bill that the cotton ter
"ered is the identical cotton recei,
ed hereunder. The shipper will ais
10 required to surrender to the raj
way agent at the time of reshipmer
me bill of lading covering the move
mehl Of the cotton into the ware
housing point, unless the bill Of lat
ing for such shipment shall ha,
o"en previously surrendered to tt
railway.
3. ThereupOn the agent will isst
r through bill of lading TO the IA
ther hnal destination at the throug
.dte from the point of origin to suc
lnFther final destination. in effect
me une of the original shipment in
~" warehousing point, plus thr
tents per hundred pounds, provide
Sueh further inal destination is
point To which there are establish
through rates in effect from Il
"lslnal point of shipment via Il
m~drehousing point provided, that
~ optlon OF any interested line L
mlHlnum through rate will be tn
rom The warehoLsins peint plus :;
S'"ppaSe charge of three cents D
nuhored pounds, where the ia
I'm the original point of shipme
~ Such surther final destination
80 man the rate from the origin
roint OF shipment to the warehou
w point. the lawful tariff rate to t
~""Iehousing point. plus the stoppa
"'Ise ~ three cents per n
p'unds Will be charged as a minimu
, shipments will be way-bil'
ol the warehousing point at t
cnuance OF the rate. plus the steppa
charrc If three certs ner b.p1r