The National Co-operator and Farm Journal (Fort Worth, Tex.), Vol. 30, No. 4, Ed. 1 Thursday, November 19, 1908 Page: 1 of 16
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Abren, Lenex /
FILBEN FOUNDAT
In
DI
AND
FARM JOURNAL
Volume 30.
FORT WORTH, TEXAS, NOVEMBER 19, 1908
Number 4
The Naur Orleans modern warehouses in New Or- Company; advised a great hold-
■ w U I leans as to enable the cotton ing warehouse in New Orleans.
a ■ ■ grower to deposit his cotton Governor J. Y. Sanders of Loui-
COIVCHTION therein and to hold it for better siana suggested the diversifica-
prices. Incidental, a will be tion of crops as a great remedy
into state and interstate central done with a view to permitting for existing evils. John M. Par-
holding companies, so that by the cotton grower to borrow ker of New Orleans, a cotton
massing its assets into holding when necessary such money on factor and member of the Pro-
companies, which would secure his cotton as is needed, at the gressive Union, criticised the
There were about 400 to 600
delegates present when Presi-
dent Barrett called the cotton
convention of the Farmers’ Un-
ion to order in New Orleans, last
Wednesday morning, but many
others arrived during the day.
All the cotton growing states
were represented by members of
high commercial ratings, money lowest interest rates obtainable, Southern farmer seuerely, com-
could be borrowed on cotton cer- and also to get low insurance paring him most unfavorably
tificates issued by such cen tral warehouse rates. wi th the Nor them farmer. Hon.
warehouse companies, upon low The committee appointed by C. T. Ladson of Atlanta, gener-
rates of interest, and in the the union follows: T. S. Brooks, counsel for the Farmers’ Union,
the union, and some of them, greatest abundance. This will of Tennessee, G. R. Hightower, and Rev. Mr. R. A. N. Wilson,
be in order to finance or carry of Mississippi; J. Z. Green, of °^ Batesville, Mississippi, ex-
what is called “distressed” cot- North Carolina: J. Y. Callahan, pressed admiration for the
ton—cotton in a large part be- of Oklahoma; J. W. Boyett, of Southern farmer, praising him
longing to the t nant class, Louisiana; L. O. H. Martin, of as the finest type of Anglo Sax-
whose members, without such Georgia; and L. H. Morris, of on manhood, but tempering their
financial aid or ability to borrow Alabama, praise, too, with criticism. A
notably Georgia, had a good
sprinkle of prominent business
men and state officials.
Mayor Burnham delived a very
cordial addresss of welcome, in
which he stated that the busi-
ness men of New Orleans were
fully alive to the importance of
this organization" and were ready
to support morally and financial-
ly such plans and means as it
should formulate or devise for
the purpose of maintaining the
price of this great staple, of tak-
ing care of the increasing stock
and otherwise bettering and pro-
moting the conditions of the far-
mer.
J. W. Callahan, of Oklahoma,
made a, fitting response to
the Mayor’s welcome address,
after which President Barrett
announced they would go into ex-
ecutive session, and all but mem- The union as ancillary to the
bers of the union retired, question of holding for better
- At thebeginning of the execu-
tive session, President Barrett
• delivered his address, outlining
‘ the objects of the meeting. The
address is published elsewhere
‘ in this issue. This finished, the
meeting adjourned until after-
noon. cai
00 .tier.
AFTERNOON SESSION.
50 or 60 percent of the value of The appointment of this com- letter from Governor Hoke Smith
their cotton upon well secured mittee, it was understood, was of Georgia, advised the holding
warehouse receipts, are compell- decided Tuesday night at a con- of the cotton crop in an effort to
ed to sell all of their cotton, thus ne -H prevent the glut of the market,
glutting the market in the fall Progerssive Union and members which usually occurs in the au-
months, and hammering down of the Farmers’ Union. The tum, and A- H- Saunders, a Mis-
prices instead of being enabled progressive Union will name the sissippi banker, urged the neces-
upon business principles, and un- members of its committee to- sity of the farmer helping the
der the law of supply and de- night. The seven from each : ,a
mand, to sell such cotton as may organization met helping the farmer. This alone,
be needed by the world, and ex- to organize 8 he said, would furnish enough
tending such sales from Septem- ’ money to finance the cotton crop
ber to September. second day. . each year. These all spoke at
Incidental to such main ques- The New Orleans Times-Dem- the morning session. In the af-
tions, the Farmers’ Union urged ocrat gives the following account ternoon the delegates were the
on the cotton growers to reduce of the second day's session, guests of the Progressive Union
the cotton acerage 25 per cent. The Farmers Union, assem- on a special train which made a
bled in annual convention here, trip to the docks, along the water
yesterday forthe first time in its • front, and to the Jackson Brew,
prices urged on its members to history, held open sessions, both ing plant.
- he 41 ,, morning add night; the night - e
grow more hog and hominy, session being a font mheatino Hon. Thomas E. Watson, of
to raise their own food supplies with the Progressive Union. For Georgia, was the orator of the
and thereby most effectually aid the first time representatives evening at the closing session of
themselves in holding, allied interests were asked to apt the day, which began at 8 o’clock
- night session. pear before a convention of the at night at the coliseum.
At the night session the union body in regular session, to ad- Li Sum Ling, the Chines editor,
took up many important matters, vise, suggest, admire or criti- spoke, as did Phillip Werelin,
notable among which was the cise. 121 president of the New Orleans
At the afternoon session, which question of appointing a commit- The speakers invited did much Progressve Union.
.began at. 2:30 and lasted till - tee of seven to confer with a like of all these things. Charles Jan- thshe. itoirrirr
about 5, the Union considered the - committee appointed by the Pro- vier, of New Orleans, president * * .
advisability of combining its 5000 . gressive Union, and composed of of the Sun Insurance Company, Following the speeches, im-
or 6,0 warehouses, now seat- the business men of the city, - and first vice-president of the portant resolutions were read by
tered throughout the cotton belt, with a view of building such-vast Canal-Louisiana Bank and Trust . Secretary Trezevant, of the Pro-
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Smith, Aaron. The National Co-operator and Farm Journal (Fort Worth, Tex.), Vol. 30, No. 4, Ed. 1 Thursday, November 19, 1908, newspaper, November 19, 1908; Fort Worth, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1636856/m1/1/: accessed May 21, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .