Jacksboro Gazette (Jacksboro, Tex.), Vol. 35, No. 27, Ed. 1 Thursday, December 17, 1914 Page: 2 of 16
sixteen pages : ill. ; page 20 x 14 in. Digitized from 35 mm. microfilm.View a full description of this newspaper.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
frAGE TWO
JACKSBORO GAZETTE
Thursday, December 17, 1914
President Harvie Jordan of Allan market value to the unsold and
ta, Ga. unsubscribed part of the crop, re-
“ Resolved, That it is the voice maining in the liandss of the far-
of this conference that in appoint- mers, as the entire crop would be
ing a committee to examine and worth, if fed to' the markets un-
prepare plans to protect the value der the weight of the surplus,
of Texas cotton, that the commit- Each million bales subscribed to
prevent the suffering of this year,
but in future years as well.
To Solicit Subscriptions.
The Southern Cotton Associa-
tion, through its central, State
and county organizations, will ac-
tively solicit ca^h and cotton sub-
RECEIVE3 ITS START AT
JOINT MEETING HELD AT
CHAMBER OF COMMERCE.
tee give special attention to se- the foundation capital of such ascriptions to the authorized capi-
CUTER TO 06 SOUGHT
tal of the Co-operative Cotton
company and otherwise perfect
the initial organization of the con-
cern, In these efforts the associ-
ation invites and urges the active
co-operation of the Farmers’ Un-
Instrument.
curing bonded warehouses at such company would, when sold, place
places as may seem necessary, in the treasury the sum of about
where cotton can be weighed and $50,000,000.
classed by competent men ap- Present conditions are serious
pointed by the State, stored and and suffering among the small
insured ajt the lowest rate, and growers must of necessity be
then negotiable bonded ware- great with threats of becoming ,ion, the merchants, bankers and
house receipts be issued in 100- still greater next year. The the daily and weekly press of the
bale lots of certified weight and Southern Cotton Association, re- j South. It is estimated that the to-
even grade that can be safely aliz’ng the imperative need of tal actual and unnecessary ex-
penses of soliciting subscriptions,
securing a charter and perfecting
warehouse. iness interests in the South to se- j the permanent organization of
“Resolved, That it is the sen-; cure relief in the present situa-jthe company will not exceed 5
timent of this meeting that trad- tino, held a meeting of its execu- j per cent of the capital subscribed
ing in cotton future contracts, tive officers at New Orleans, La., | and paid in. This would mean
wild speculation and wash trans- on Nov. 23-24, 1914, and authoriz-; the organization of a large compa
and we ed the immediate organization ofjny upon a more economic basis
general the Co-operative Cotton Compa- than has ever been done before
Vfommittee to Meet Attorney Gen anyWhere and sought by prompt and definite action on the
eral in Austin to Draw Up the trade for ^livery
at the ^part of the growers and allied bus
mi
Dallas, Tex., Dec. 10.—Harvie
Jordan of Atlanta, Ga., president act)ons be condemned,
of the Southern Cotton Asssocia- volced our “the
tion. and a committee represent- i'recIv,est to our Government that ny with an authorized capital of
ing the Texas farmers and the itMs method of trading be obliter- ^
Texas division of'the Southern Iated from the New York> New
Cotton Association will meet in 0rleans and a11 other exchanges
Austin Monday with the Attor-;“ our country for all time
$100,000,000, the right to begin
in this coimtry. There are no pro-
motion features attached to the
business being set at such a time j organization, and not a single
when $1,000,000 of the capital has dollar of promotion stock will be
been subscribed and said . In this! issued to anyone. Every •share of
ney General to draw up a charter eome* find this a menace to commendable effort, the South-!stock issued will be upon a uni-
tir the Texas Co-operative Cot- marketing of the South’s era Cotton Association liass the form basis of equity to each sub-
tm Company This company re- cotton product and constantly indorsement and co-operation of scriber. The purpose of the
eeived its start
yesterday at a [ causmg rapid, false and fictitious Fading officers of the Farmers
jdnt meeting of Texas farmers changes in the Price the PaPer!0^ the Farmers’ Union, who were
and thv> officers and directors 0f oontracts sueh ,ls 1:0 disturb the‘present and took active part in
the Texas division of the South-,Price o£ tbe eotton Product and a the proceedings,
era Cotton Associatfon at the raarket for over the consuming
Chamber of Commerce auditori- wor’d-
0
Reduction of Acreage.
In the South there are 850 cot-
um ’Resolved, That this confer- ton producing counties, each
The plan for the financing, ence favors the building of bond- yielding an average production of
holding and selling of cotton as ed warehouses, of closing the cot- 17,000 bales. Out of these only
p-oposed by the Southern Cotton t0n future boards ™ our country, |7 pei- cent of the average pro'-
Association was adopted. This having all cotton interests duction of each county would, in
Southern Cotton Association in
undertaking to organize and per-
fect the Co-operative Cotton Com-
anpy for the cotton growers of
the South is to use its power and
influence for rendering an addi-
tional patriotic and distinctively
constructive service to the vast
army of growers throughout the
Southern Sattes.
How will this effect the individ-
ual farmer? Say a farmer rais-
es ten bales of cotton; under the
present conditions he could not
hope to secure more than 7c per
pound—$35 per bale or $350 for
plan is similar to the plan under adoPt the Government standards the aggregate, furnish 1,000,000
which the California orange grow and liave certified weight on all bales to the capital stock of the
ers market their crop’and comes cotton with Prade certified in company. Each farmer who sub-
within the bounds of the Texas conformity with the Government scribed cotton to the company
b nded warehouse lav.’. At the standard> that trades made would be reqiiested to sign a
meotmg .Monday F. Weinert and *rom Ameri°a with foreign, coun- written pledge to the Southern;his ten bales. By taking two bales
other officials connected with the tries be on the certified bonded Cotton Association agreeeing to;of his ten and putting them into
n w warehouse system will be,r6eeiP* ^or delivery here in this reduce his cotton acreage for,the organization herein outlined
present and assist in the organi- countl7 at the warehousse, and H59 at least 50 per cent less than the remaining eight bales would
nation of the company Mr Wein- ^lus st°P the excess{ claims, penal- the area planted in 1914. This bring at least 10c per pound—$50
ert att nded the joint meeting ^es and charges incurred by would practically guarantee the per bale, or $400. In addition he
yesteray and participated its de- American cotton in Europe. Then proper equilibrium between sup- would have his certificate of
It erations. He explained the we no longer need the Amer- plies arid consumption for next ownership in the organization,
limitations of the State bonded *can standards to be made' up in year and stabilize prices to fair worth $100, and at the same time
warehouse system and said he be/ Liverpool, Bremen and Havre to,and reasonable values, as Well as lie will have aided in creating an
tieved a holding eomanyp could b« w*iich all cotton is subjected, or secure for the company a mini- j organization for his protection ffo
organized under the State law ^e bigh-paid arbitration and mum price of 10c per pound for all time to come,
that would give to it the privilege classification committees which t}ie cotton subscribed as its foun-! This organization will have a
of building °all the warehouses and the out-turn of elation capital. j central governing board, with rep
they desired, loan and borrow American cotton shipped toJ The plan of the Co-operative Presentation from each of the cot-
money, and do other promotion ^ur0Pe> thus giving into other Cotton Company contemplates ton States. 'This governing board
1____ 1 . « . ‘II • 1* . . * * I Ml -•
work in connection with the inak- bands at an expense of over $20,- i the immediatee retirement of 2
will meet every year and take in
to consideration the cotton acre-
age, the condition of the crop and
the condition of the market, to-
gether with the cost of produc-
ing and marketing of the eotton 990,000 the output of our own la- 900,000 bales of the present heavy
crop Ipl bor and product.” surplus of American cotton, the
The meeting was presided over by Yeary, F. C.jwe^bt of which on the world’s
by Judge Ed R Kone, Commis- Weineri, D. J. Neill, J. T. Gar- cotton market is proving the de-
si oner of Agriculture ner’ ^ Baird, J. H. Connell, pressing factor that is holding! tion, and name a minimum price
Resolutions Reported. C. Hickey and J. H. Herring. dowm prices far below the cost;at which it will agree to buy and
Following is8 the report of the ^>^an ^cr Company , of production. As soon as the I take over all cotton offered, and
resolutions committee: ! The following is the# Southera company has its minimum capital at the same time, name a maxi-
“We, your committee, reporting'-Association plan: subscribed, permanent organiza- mum price at which it wrill dis-
on the situation in the matter of ^ con^jdeEtly believed that tion will be perfected and the:pose of all cotton acquired by it.
I ans on cotton andd holding for ^le Presei*t is the psychological Trst business will be to issue and
fair prices, recognize the severe rime for the formation of a large guarantee negotiable cotton ware-
^ * to which farmers mer- coraPany to meet the needs of bouse receipts and secure loans
and bankers are exposed,1 cotton by the establish- for its stockholders on their cot-
aud consider some clear and safe raent °f safe a Qd sound eeonom- ton held in storage. Thus ^vill he
cotton hold ip g plan, easy of ac- ri‘fornis in the future market- performed two, important func-
ceptanee by ownerss, absolutely the c°tton crop. This pre- tions for the grower, namely, fi-
the efforts of the Marlin Commer-
n c ssasry to fair prices; there- ™“ption is based upon the fact na^inK them so that they can
Cream Shipping Station Perfect-
ed by Commercial Club.
Marl'n, Tex., Dee. 15.*-Through
fore, be it
that a large surlusg; of raw cotton quidate their indebtedness and
and considerable patronage is al-
" po^ed to hold and pool cotton as ^orei^n spinning mills. This sur- vailing low prices, which must be
p *t* forth b the Southern Cotton pIus is t1ie hands of the done unless relief is afforded.
Association, and we urge that a £r°wers, who are without a mar- It is only the farmers, mcr-
tttate charter be secured at the ket excePt a^ '''alues far below chants and bankers of the Soutli
earliest possible date under which C08t Production, and the to- who can solve this problem. Let
» Texas Co-operative Cotton Com- tal amounting to several million them get together in their re-
pany be operated in harmony will bales’ or a large jmrtion of it, spective communities; let them
*ur new^ warehouse and market- C0ldd be used at the present time organize as a whole; let them cre-
ing laws, of which we eordially ^or creating such a company with this permanent organization
•jwrove, and conforming to the a foundation capital of many mill that will safeguard present con-
provisions of the Texas statutes,: *ons d°Bars, with the purpose ditionss and at the same time pro-
pay more attention to the dairy
industry in Falls County, and to
develop a sufficient interest in
the same to justify the installa-
tion of a creamery in the near fu-
ture.
for all time to
themselves pool
in order that a State sales system to ^d *be grower in solving thi
may be put into operation at once Pr°blcm.
and that loans on cotton may be addition ifco this commenda
**cured pn T>onded warehouse re PUrPO»e, ti e retirement of a control capital will know that it
oeipts. It is further large part of the present surplus not be thrust upon the mar-
“ Resolved, That the chairman raw c°tton by subscription of ket at inopportune times to de-
be instructed to appoint a com- 8ame to such a company, un- press the price of the remaining
Keep It Handy for Rheumatism.
No use to squirm and wince and
try to wear out your rheumatism.
It will wear you out instead. Ap-
ply some Sloan’s Liniment. Need
not rub it in, just let it penetrate
wm
vide protection
come. If they ____________ , , .
surplus cotton, then the men who!®11 thr°UR , ^ ^
lieve the soreness and draw the
pain. You get ease at once and
feel so much better you want to
go right out and tell other suf-
ferers about Sloan’s. Get a bottle
for 25 cents
•rttee on ehartter to advise with!^er conditions that it should be cotton. This done, there will be /Jf ♦ T B.
tbe Attorney General and tot ad-|8old on^ at a minimum price of no lack of money nor lack of will °f 0an, 8 1^ialen
▼^ince the organization of the cot- peer Poan^l (basis middling), ingness to lend that money. There( ruggls, an a'e 1
ton company as rapidly as posssi- wotdd .have th(5 immediate effect is a desire in the financial sec-! e o° , ®ore an
We; provided, that the said com- of stabilizinz the values of that tions to help. If the South doeai8W°,®“- ,01“t8’ lumb®8°
■aittee be instructed to arrange unso'd Port>°n of ttie crop at fair something to help itself, then the u" t A
Ml)
it!
TO TBE COAL CONSUMERS
OF — ■■
JACKSBORO and VICINITY
The NEW MINES, at BRANNUM Coal fields
are now open and ready to fill orders. A
postal in care of W. H. Branum, Antelope
Route will bring coal to your bin in Jacks-
boro at $6.50 per ton, or $4.00 per ton at
mines.
Your patronage solicited.
Coal that will BURN
J. C. PHILLIPS
AN IDEAL
Christmas Gift
-/< f x■ t >.. . • ' v ' 'r .j,*-**- S .r - ■ -f ■ / , u K m 'fv*
In making your Christmas Gift;
selections this Year why not break
away from the old-time custom of
buying some useless trinket and
get something that will be appre -
ciated all the year. This valuable
gift to Relative or Friend would be
A YEAR'S SUBSCRIPTION
To The
Jacksboro Gazette
Commence With the 17th
Our Christmas Number
Only $1 a Year
for a conference between the com- and reasonable prices
■Ottee, teh Attorney General and growers, this giving as
to the money lenders will not only pro-
* much vide the money that is needed to
baok if not satisfied, but it does
give almost instant relief. Buy a
bottle today.—(Advt.)
Upcoming Pages
Here’s what’s next.
Search Inside
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Newspaper.
Jacksboro Gazette (Jacksboro, Tex.), Vol. 35, No. 27, Ed. 1 Thursday, December 17, 1914, newspaper, December 17, 1914; Jacksboro, Texas. (https://texashistory.unt.edu/ark:/67531/metapth863690/m1/2/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Gladys Johnson Ritchie Library.