The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1922-03-01

would nave to mi this together When
mixed, of course the man who deliver
cd the wet tobacco gets extra weight
and eventually more money. On the
auction sale wet tobacco brings a low
er price because Of condition, but the
chances are under your grading plan
there would be no discrimination, You
will receive tobacco from one farmer
who has a good grain farm and can't
produce high class tobacco and will
mix his with the fine tobaccos produc
ed on good tobacco farm, to the loss
'of the fine tobacco grower and the
profit of the man who has already
produced good grain crops and made
his living. Your expert can't be so
smart as to avoid this. Then after
receiving and mixing up or grading
as you may prefer to call it you
must ,sell-because flue cured tobacco
would quickly suffer. if laid out on
warehouse floors. You would SELL
not at your price, but at the general
market price, for there will be other
tobacco for, sale. Sell-and when
would you pay the farmer? A sale
has been reported in Kentucky. Does
the farmer who delivered the tobacco
sold immediately get his pay in full q
We think not. No, the active ener-
getlc farmer moves his tobacco
promptly but must wait until the
slow Indifferent farmer finally decides
to get busy and prepare his crop for
market. After all the association to-
bacco is sold then you can deduct ex-
| penses and make distribution. We
Will be entirely willing to see ~ COM
parison made of any auction sale any
where with the net returns YOU win
send the members of your associa-
ton. That will be the time when the
farmer will say:
"Old man Webb was right"
Objection s: "The length of the
contract" VIZ
We will admit that five years is
not too long for wise business
agreement, but it is too long to bind
farmer to an experiment, legally,
so che can be made to stick" as your
organizers claim, when nobody agrees
to stick to him for five years.
Objection 6: "The impossibility of
placing value on tobacco in ad-
vance so as to get reasonably safe
advance upon delivery"
DR.. Joyner generalizes about this
but does not answer. The advance
will be made on delivery, which may
be many months before sale. No man
is wise enough to accurately forecast
any commodity prices months before
sale. DR.. Joyner speaks Of the gamb-
Ter of the present sales method. When
he and his associates attempt to fix
values for advances they will enter
upon the big gamble of their lives.
But DR.. Joyner says further on in his
article that the advances will be ap-
proximately as much as the farmer
now gets-think of that, will you?
He certainly expects the local bank
which must make the lon. The Fed
cral Reserve Bank, wch must redis-
count the paper and the Government,
which must furnish the money to be
very liberal.
Objection T. "The farmer who
needs his money to pay debts for fer
tilizcr and other supplies will be fore
ed to wait indefinitely for big part
of his tobacco money"
Answer: "The cooperative market
ing association is essentially a sell
ing association and will hold tobacco
only so long and only. so much of it
as may be found necessary to prevent
glutting the market and breaking the
price" What price? We thought
your association would fix the price
What is glut? A market is con-
sdcrcd glutted when more tobacco is
offered than can be well handled by
the buyers. If supply on hand means
glutted condition, then the trade is
fairly we'll glutted today. DR.. JOY
ncr frankly ;.dmits here that his
prices will be subject to conditions
just as they are today under tho pre-
sent system.
DR.. Joyner in his answer does not
deny the seventh objection, because he
knows that it is true. Final distri-
button cannot be made until after the
association tobacco is sold. This will
take long time. Choice grades
mightbe promptly disposed of, but
there is much tobacco produced which
no buyer really wants-there is al
ways bidder at auction, even for un-
desirable stuff-very often the buyer
carries this character Of tobacco for
months sometimes years. The asso-
citation will be virtually big dealer
and will have to carry a part of each
crop for a very long time, delaying
settlement on the whole crop.
In this connection DR.. Joyner re-
fers again to the success of the Cali
fornia fruit growcrs-now on cash
basis. Well, isn't this true also of
the peach growers in the Sand Hill
Section of this State? There can be
no intelligent comparison made be-
tween the California plan and TO-
bacco plan. You had as well attempt
to compare the profit made on a we'll
developed peach orchard of ten acres,
in Moore county, with ten acres of
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