A STORY OF COTTON 13 



It is the custom, in SOME CITIES, when the Buyer applies 

 for the cotton, to have the cotton weighed to him, the Buyer, 

 IMMEDIATELY BEFORE he, the Buyer, samples and inspects 

 the cotton. 



In other markets, the cotton is NOT weighed to the Buyer 

 until AFTER it has been SAMPLED and INSPECTED and 

 ACCEPTED, by the Buyer. 



In the cities, where the cotton is weighed to the Buyer before 

 it is sampled and inspected by the Buyer, you will note, that 

 these ADDITIONAL MUTILATIONS of the bale by the Buyer, 

 do NOT occur until John Brown has received payment for the 

 entire weight of the bales that the shipper concludes to receive 

 and he, the Buyer, does not REJECT. 



If, in a lot of, say, 100 bales, even where the custom is preva- 

 lent, of the reception of cotton and sampling and boring of the 

 cotton by the Buyer is done AFTER weighing, the shipper or 

 purchaser rejects FOR CAUSE or with the PRIVILEGE SO 

 TO DO, say, twenty-five of the one hundred bales of cotton 

 tendered him, this cotton reverts back to John Brown, but has 

 ALREADY undergone the mutilation in the sampling, and the 

 acute inspection, very often, with augers thrust into the sides 

 of the bale, besides the sampling on both edges, which makes 

 the twenty-five bales, when returned to John Brown, weigh 

 THAT MUCH LESS, insofar as the weight of the bale con- 

 cerns John Brown, or, and John Doe, the original owner. 



In the cities, where the custom is prevalent that the Buyer 

 samples and inspects the cotton, that he will receive, which 

 has been sold to him by John Brown, PRIOR TO THE 

 WEIGHING, the cotton will have NATURALLY received much 

 mutilation and will have suffered considerable loss to John 

 Brown or John Doe. 



The samples have been drawn before the bale is weighed 

 and whatever loss that is sustained by the bale, due to this 

 sampling and inspection by the purchaser, is a loss to John 

 Brown or John Doe. 



Besides the ACTUAL SAMPLES, that are acquired by the 

 respective mutilators, there is an ABUNDANCE, of what is 

 termed "LOOSE COTTON." 



