Clipped From The Paris News

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SUNDAY MORNING, JULT t, Ift3ft BACKWARD GLANCES By A. W. NKVIIXE COTTON TRANSACTIONS 80 YEARS AGO • • • i Matthew Watson At Pecan Point Grew Much Cotton And Yankees Took A Lot Matt Watson, living at .Valllant, Oklahoma, has shown me some documents ' relating to transactions transactions in cotton that were made by his grandfather, Matthew Watson, owner of a plantation at Pecan Point, Texas, preceding the war between the sections. In • connection with the documents documents he says: • . . "Alter the war ended the Yankees Yankees confiscated all the cotton that could be found in the country. country. Some of it was released to the owners, especially those who were non-corhbatarits, upon the owners giving bond for payment of the two cents per pound tax after the cotton was sold, a tax that was levied by the Federal government after the war. ''Lots of people lost their cot- Ion which was sold and the money turned in to the United States Treasury. Cotton was selling selling around 60 cents a 'pound. I received cash for my pro rate share of one lot of 'Pecan (W) Point' cotton, which was thus sold. The pnyment came since I have lived in Valliant. "When the took cotton cotton from Pecan Point the faithful old Watson Negroes wanted to recapture recapture it but Grandmother Watson Watson (nee Allibone. whose sisters married Thomas Washington and Lord Power), would not allow them to make the attempt. The old Darkies pleaded with her to let them waylny the Yankees ns they came around the Point and kill the Yankees and take 'Usses cotton back." One of the documents i< a receipt receipt for payment of this two cents tax. Dated at Jefferson, Texas, June 5, 1866, it says: Received Received from Matthew Watson two certificates for cancellation of bond given for tax on the following following described cotton—25 bate* marked Pecan Point M W, 10), 429 pounds; 03 bales, marked the same, 38,781 pounds, total 49,210 pounds, tnx at 2 cents $984.20. Bond dated March 26, 1866. The receipt '. l /?.s ^i^nod b' r D Csmp- bell, r Dept. Collector, 4th Dlst^ Another is an inventory of a lot of cotton shipped to New Orleans before the war. It is a report of the sale and dated April 21, 1857, reads: "Sale of 249 bales cotton by MacGregor, received per Steamer Hope, March 10, 1857, for account of JS1. Watson." The inventory says the cotton was sold to G. W. Oliver it Co., and Hsts weights, individually, of 'the 'bale;;—51 strict middling to good middling, 85 middling and •barely middling, 31 barely knv middling, 82 good ordinary. The changes were itemized: Freight nt S4.50 per bale; dfay- age, storage, inbor and lightering nt 50 cents n bale; River insurance insurance -it 3 por cent oh SRO per bale; City fire insurance at U per cent mi'$10.349.83, and commission at 2 S per rent on the receipts. The price at which the rotton sold does not appear on the aged document, document, having been torn nway some time during the more than SO vc-ars since it was written.

Clipped from
  1. The Paris News,
  2. 09 Jul 1939, Sun,
  3. Page 4

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  • Clipped by wduffee – 14 Jun 2013

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