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                    <hi rend="bold">Oral History Interview with Edward Stephenson, September 21,
                        2002. Interview R-0193. Southern Oral History Program Collection
                    (#4007):</hi> Electronic Edition. </title>
                <title type="descriptive">"The Beauty of It Is Too Good to Go": A Tobacco Auctioneer
                    Takes Bids in a Changing Industry</title>
                <author>
                    <name id="se" reg="Stephenson, Edward" type="interviewee">Stephenson,
                    Edward</name>, interviewee </author>
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                    <resp>Interview conducted by </resp>
                    <name id="mw" reg="Mansfield, William" type="interviewer">Mansfield,
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                <funder>Funding from the Institute of Museum and Library Services supported the
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                    <name id="sfc">Southern Folklife Collection</name>
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                <date>2007.</date>
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                    <p>© This work is the property of the University of North Carolina at Chapel
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                        <title type="recording">Oral History Interview with Edward Stephenson,
                            September 21, 2002. Interview R-0193. Southern Oral History Program
                            Collection (#4007)</title>
                        <title type="series">Series R. Special Research Projects. Southern Oral
                            History Program Collection (R-0193)</title>
                        <author>William Mansfield</author>
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                        <pubPlace>Chapel Hill, N. C.</pubPlace>
                        <publisher>Southern Historical Collection, University of North Carolina at
                            Chapel Hill</publisher>
                        <date>21 September 2002</date>
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                        <title type="transcript">Oral History Interview with Edward Stephenson,
                            September 21, 2002. Interview R-0193. Southern Oral History Program
                            Collection (#4007)</title>
                        <title type="series">Series R. Special Research Projects. Southern Oral
                            History Program Collection (R-0193)</title>
                        <author>Edward Stephenson</author>
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                    <extent>29 p.</extent>
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                        <publisher>Southern Historical Collection, University of North Carolina at
                            Chapel Hill</publisher>
                        <pubPlace>Chapel Hill, North Carolina</pubPlace>
                        <date>21 September 2002</date>
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                        <note anchored="no">Interview conducted on September 21, 2002, by William
                            Mansfield; recorded in Durham, North Carolina.</note>
                        <note anchored="no"> Transcribed by William Mansfield.</note>
                        <note anchored="no"> Forms part of: Southern Oral History Program Collection
                            (#4007): Series R. Special Research Projects, Manuscripts Department,
                            University of North Carolina at Chapel Hill.</note>
                        <note anchored="no">Original transcript on deposit at the Southern
                            Historical Collection, The Wilson Library, University of North Carolina
                            at Chapel Hill.</note>
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                        <item>North Carolina<list type="sub-topic">
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        <front>
            <div1 type="about_interview">
                <head>Interview with Edward Stephenson, September 21, 2002. Interview R-0193.</head>
                <byline>Conducted by William Mansfield</byline>
                <note type="deposit" anchored="no">
                    <p>Transcript on deposit at The Southern Historical Collection, The Louis Round
                        Wilson Library</p>
                </note>
                <note type="citation" anchored="no">
                    <p>Citation of this interview should be as follows: <lb/>“Interview R-0193, in
                        the Southern Oral History Program Collection #4007, <lb/>Southern Historical
                        Collection, The Wilson Library, <lb/>University of North Carolina at Chapel
                        Hill”</p>
                </note>
                <note type="copyright" anchored="no">Copyright © 2007 The University of North
                    Carolina</note>
                <note type="transcription_note" anchored="no"/>
            </div1>
            <div1 type="abstract">
                <head>Abstract</head>
                <p>Edward Stephenson, the son of a tobacco auctioneer, followed his father into the
                    business, perfecting his auctioneer's chant and learning the complex mechanics
                    of the profession. From his position on the auction block, Stephenson has
                    observed changes in the tobacco business; he describes those changes, as well as
                    the details of his profession, in this interview. For researchers interested in
                    how tobacco auctions work, Stephenson describes the process and the network of
                    relationships between buyers, sellers, warehouse operators, and auctioneers.
                    Toward the end of the interview, he conducts a mock auction. For those
                    interested in the tobacco industry, Stephenson notes the decline of the industry
                    over the past two decades, exemplified by the quelling of the once-lively
                    atmosphere and the mounting demands that keep farmers from attending auctions at
                    all, let alone bringing their family along. Stephenson describes the
                    consolidation of an industry that thrived on personal contact, and the way in
                    which his own job—an exercise in bridging personal relationships—has been
                    affected by set prices and changes in the agricultural economy. Stephenson fears
                    that he may be among the last of his kind, but he hopes that tobacco auctions
                    will somehow endure.</p>
            </div1>
            <div1 type="short_abstract">
                <head>Short Abstract</head>
                <p>Tobacco auctioneer Edward Stephenson reflects on his two decades of brokering
                    tobacco sales and shares his concerns about the decline of the industry. </p>
            </div1>
        </front>
        <body>
            <div1 id="R-0193" type="sohp_interview">
                <head>Interview with Edward Stephenson, September 21, 2002. <lb/>Interview R-0193.
                    Southern Oral History Program Collection (#4007)</head>
                <list type="simple">
                    <head>Interview Participants</head>
                    <item>
                        <name id="spk1" key="es" reg="Stephenson, Edward" type="interviewee">EDWARD
                            STEPHENSON</name>, interviewee</item>
                    <item>
                        <name id="spk2" key="wm" reg="Mansfield, William" type="interviewer">WILLIAM
                            MANSFIELD</name>, interviewer</item>
                </list>
                <div2 id="tape1-a" n="1-A" type="tape_side">
                    <pb id="p1" n="1"/>
                    <head>[TAPE 1, SIDE A]</head>
                    <note anchored="yes">
                        <p>[START OF TAPE 1, SIDE A]</p>
                    </note>
                    <milestone n="7564" unit="empty" type="start" timestamp="00:00:00"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> I always put a label on the tape by saying, this is Bill Mansfield
                            interviewing Mr. Edward Stephenson at the Duke Homestead Tobacco Museum,
                            Tobacco Auctioneers' Reunion, on September 21, 2002. And Mr. Stephenson
                            we always get people to start out by stating their name and telling us
                            when they were born and where they were born. So let her go. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> My name is William Edward Stephenson. I was born in Smithfield, North
                            Carolina, April 17, 1952. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Okay. Tell me a little bit about your family background. I think you
                            said your father had a warehouse? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Actually my father was a tobacco auctioneer for 42 years. He had nine
                            Brothers. Of the nine brothers they were all in the tobacco warehouse
                            business together, in one shape form or fashion, being a ticket marker,
                            auctioneer, or tobacco warehouseman. They all worked together, actually
                            called Stephenson Brothers. [They] operated in Georgia, Florida, North
                            Carolina and Tennessee. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> In my experience it seems like tobacco auctioneering runs in families.
                        </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Oh yeah, most definitely. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> What was your dad's name? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Albert Ray Stephenson. </p>
                    </sp>
                    <milestone n="7564" unit="empty" type="stop" timestamp="00:01:15"/>
                    <milestone n="7411" unit="excerpt" type="start" timestamp="00:01:16"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> What got you into being an auctioneer? How'd you get started? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, as I said, my father was a tobacco auctioneer, and when he went to
                            work, where I went to work with him, I went to a tobacco warehouse. Of
                            course when he got ready to go to work in the morning he was practicing
                            auctioneering in the shower and I heard it day and night, seven days a
                            week. It was a part of my life. When I went to work with him, when into
                            the warehouse working, when I got old enough to work, I wanted to be an
                            auctioneer but more than that, it was just a job I was just expected to
                            do. It wasn't really forced on me, but it's just like a bricklayer's
                            son, I was an auctioneer's son, a warehouseman's son and just . . . . .
                            . When I got old enough that's what I started doing. When I got old
                            enough to get paid for it I started doing it for a living. Since then
                            most of them, all of them, but one of my uncles [has passed on]. My
                            daddy's passed on. My mother also. And we just kind of took up where
                            they left off, and [we] went on with it. And now I'm operating my own
                            warehouse and auctioning my own sale. I'm just carrying on my family
                            tradition. </p>
                    </sp>
                    <pb id="p2" n="2"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Well, why did you decide go into auctioneering as opposed to managing
                            the warehouse, or ticket marking, or . . . Why was it auctioneering?
                        </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, I just wanted to . . . I was fascinated with tobacco
                            auctioneering. I just thought it was the neatest thing. I always thought
                            my father, and my other uncle, the late Snoxie Stephenson, who I was
                            named after, I just felt like it was what I wanted to do. And felt like
                            it was what I should do. And I just pursue it with everything I had.
                            That's what I always wanted to be. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> When you say you were fascinated by it, what was it that appealed to you
                            about auctioneering? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, it was flamboyant. Seemed like everyone was, you know the
                            auctioneer was kind of like the star. The better you could do it, the
                            better job you could get. And, quite frankly, it was a very good paying
                            job. And it wasn't a real strenuous job, like splitting wood or
                            anything. It was just something that I though would be a neat way to
                            make a living. And also carry on my family tradition. </p>
                    </sp>
                    <milestone n="7411" unit="excerpt" type="stop" timestamp="00:03:55"/>
                    <milestone n="7418" unit="excerpt" type="start" timestamp="00:03:56"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Well, you say, the better you can do it, what makes a good auctioneer?
                        </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> A lot of things. Most auctioneers, I don't know how many you've
                            interviewed, but most (if not all of them) I'm going to venture to say,
                            that all of them think they're the best. I think 90% of auctioneering is
                            the nerve to do it. Or maybe 75% anyway. But you've got to be able to
                            carry a sale. –When I say carry a sale, I mean start it. Anyone can sell
                            a row, like we did today, a row up and down. But a good auctioneer will
                            have to sell four top five hundred thousand pounds a day. When all the
                            hoopla's gone after the first two rows, and all the media is gone and
                            the sales and you're into the "meat" of the sale an auctioneer has to go
                            on and carry sale to the last row. Not two rows, but 30 rows. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Describe what you mean when you say, "carry the sale." </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> You have to keep it going, you have to keep the buyers attentive. You
                            have to pay attention to the buyers and catch their bids and you have to
                            keep the flow going. You can't sell one and stop, like selling cars, you
                            know? Or at an estate auction, you sell this table and then say, Okay,
                            next item." Or cars, you sell a car and then, "next car." A tobacco
                            auction, you sell a pile and just continues. A good auctioneer starts at
                            one end of the row and never stops until he gets to the other end of the
                            row and turns and comes back. He don't stop and go, you keep going. You
                            keep the flow of the sale going. And, in turn, the buyers have to be on
                            their toes, looking at this <pb id="p3" n="3"/> pile and ready to sell
                            the next pile. You have to keep good harmony with them. Keep everybody
                            happy. To the best of your ability, keep everybody in a good mood. And
                            keep everything going. </p>
                    </sp>
                    <milestone n="7418" unit="excerpt" type="stop" timestamp="00:05:52"/>
                    <milestone n="7412" unit="excerpt" type="start" timestamp="00:05:53"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Tell me how you learned to be an auctioneer. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> I learned it the hard way. When I was about 17 years old, one day . . .
                            I kept wanting to sell and wanting to sell. Of course the way I learned
                            was I started out unloading trucks and I worked my way up to handing
                            tickets. And handing tickets you're with the auctioneer all day, every
                            day. Even though you're not selling. I watched and looked and then I got
                            my chance to try it one day. And I did it, I sold two rows and then I
                            sold four rows and then I'd sell six rows and eventually I got my own
                            sale and here we are in 2002. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> You started unloading trucks and then turning tickets . . . </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Right, you just don't walk up and . . . I started at the very bottom of
                            the scale. When I was a kid I sold lemonade, boiled peanuts. Then I got
                            old enough to really work, to where you could get paid. You know, used
                            to be it was all manual. You'd walk one pile [of tobacco] at a time to
                            the floor with a buggy. Of course we've graduated up to a whole lot more
                            mechanized way now. But just being there and then I got in the sale,
                            maybe got to start placing the tickets [on a pile of tobacco]. And then
                            I actually got into the sale, behind the auctioneer, handing the tickets
                            to the ticket marker. And was in there then. And watched enough to where
                            I thought I was capable of doing it I got a chance to sell a row and the
                            rest is history. </p>
                    </sp>
                    <milestone n="7412" unit="excerpt" type="stop" timestamp="00:07:38"/>
                    <milestone n="7413" unit="excerpt" type="start" timestamp="00:07:39"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Everybody seems to focus on the chant, that the auctioneer has, what's
                            the most important part of selling tobacco? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> I'd say the most important part of selling tobacco would be catching the
                            bids and at the same time getting into a rhythm where you sell it and
                            move on to the next pile. Rather than trying to . . . You know if you
                            stand there they'll keep bidding, but you got to be fast enough to where
                            they're bidding one penny at the time, if they bid a time or two and
                            they know you're going to go ahead and sell it, they'll go ahead and put
                            their top dollar to it and you sell it and go on. But I'd say the most
                            important part of the auctioneer would be catching the bid, knocking the
                            pile, selling that one and immediately moving to the next one. Not
                            stopping, keeping your rhythm from pile to pile to pile to pile. Instead
                            of a hacky form of stop-go, stop-go, stop-go. Keep going. It's not
                            really how fast you get to the other end of the row, you just get a good
                            rhythm, kind of like a sewing machine, you know [makes <pb id="p4" n="4"
                            />rhythmic sewing machine-like noises.] Or maybe a two cylinder motor
                            [makes motor noises] </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> When you got that chant to sell a couple of piles, was it a couple of
                            piles or a whole row? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> No, it was what we call a round. A round is one row down and one row up.
                        </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Okay. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> So I got to sell a round. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Had you been practicing on a chant before that? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Oh yeah. I'd be . . . We raised tobacco also and I'd put two pieces of
                            tape on a tractor tire and as it flipped over, you know as you're going
                            through the field. I'd be driving the tractor in the field and put a
                            piece of tape, here and on the other half of the tire another piece of
                            tape and as it came over I would knock them. You know, [chants] <hi
                                rend="i">75Reynolds! 75 American</hi>! And I got my chant going that
                            way. And I'd sell stalks of tobacco, as you're going down the truck row.
                            Sell light poles riding down the highway. Mostly just watching my daddy
                            and my uncles. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> How did they help you in selling tobacco? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Certainly they encouraged me and told me I was the best that's ever
                            been. <note type="comment"> [Laughter] </note> They gave me my first
                            chance, basically. Of course they would school me, tell me when I was
                            right and wrong, different things. Just schooled me through. And I had a
                            lot of buyers that helped me. The buyers can hurt you and help you also.
                            You know, it's just like any new job. If you get along with the people
                            they can help you or hurt you. They can make it hard on you or easy on
                            you. A lot of the old timers took me under their wing and helped me
                            along. They didn't really chastise me real bad, when I was getting
                            started. They encouraged, and helped me and was real, maybe more vivid
                            with their bids, where I could really see them, hold up a five and a
                            four and a two, where I could really see it. Of course the honeymoon
                            doesn't last for ever but that was a great help to me. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> So they made it easy for you to see their bids? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yeah, they just helped me along and encouraged me. They knew I was green
                            and didn't know what I was doing but they didn't treat me that way, so
                            much. They wanted me to [succeed] also. They wanted me to do good, and
                            they didn't want to discourage me. So as I said a while ago, <pb id="p5"
                                n="5"/> 90% is the nerve to do it. Maybe if I had got in the first
                            row and they had said, <hi rend="i">Ah, you can't do it. You're missing
                                the bids. You can't do it. You just won't never make it! They never
                                told me that. You did good. Keep trying. Come back tomorrow. I want
                                you to sell some more. Maybe next time.</hi> My daddy would tell me
                            to tone down and not start out at such a high pitch, because it strains
                            you too bad. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> So he helped you with your chanting? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> He taught me to get my voice to a more relaxed feeling. Instead of
                            starting out [on] too high of a note. If you strain yourself you're
                            going to give out. And he taught me how to breathe and rest yourself and
                            he taught me how to get along with people. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> What did he teach you about that? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> He taught me that you could "catch more flies with sugar than you can
                            [with] salt. And again, he also taught me to be honest and to try and be
                            as polite as you could to somebody. But also "stand your ground." You
                            know? If you're right, you're right. If you're wrong, try to correct it
                            and don't make the mistake over and over and over. I remember coming
                            home, one day, I told my daddy, I said, <hi rend="i">Daddy, I sold
                                tobacco today and I didn't make a mistake all day. </hi>He said, <hi
                                rend="i">Well you didn't do a damn thing then.</hi> I said <hi
                                rend="i">What do you mean?</hi> He said <hi rend="i">If you went all
                                day, son and didn't make a mistake, something is wrong.</hi> I
                            wanted to impress him, you know? And he said <hi rend="i">That's
                                impossible. You don't go all day and not make a mistake. Don't tell
                                me that. Just tell me you made one and corrected it and you know
                                what not to do now.</hi></p>
                    </sp>
                    <milestone n="7413" unit="excerpt" type="stop" timestamp="00:13:14"/>
                    <milestone n="7565" unit="empty" type="start" timestamp="00:13:15"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> What are some of the mistakes that you make when you're out there? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well you can, for instance, what is that right there? [Holds up fingers
                            as if bidding on tobacco.] </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> You're holding up two fingers. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Why is it not eleven? </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Well — </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> You have to know. It's just something you have to learn. That's a zero.
                            [Holds up hand in buyers signal] </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> A clinched fist? </p>
                    </sp>
                    <pb id="p6" n="6"/>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> It's a zero. Each buyer has his own trait, his own way [of bidding] that
                            you've got to learn. Each buyer has a different style of buying, just
                            like each auctioneer has his own style of selling. If you and I follow
                            [the sale] every day for twelve weeks, for thirty years together you
                            might never even move your face and be bidding. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> How they . . .</p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Just look at me, just never take my eyes off of you. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> So like, if you're selling that pile of tobacco there and you put out
                            price and you look at me. If I return your gaze . . .</p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Maybe that's your way of bidding. It could [be] a simple nod. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> What if I want to boost the price? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Just never take your eyes off of me. When you take your eyes off, you
                            quit. I had one buyer as long as he was looking at you he was bidding
                            and he'd tell you that. <hi rend="i">I don't care if it goes to $5.00 a
                                pound, I'm looking at you. When I get through I'll turn my
                            eyes.</hi> And missing somebody, you know, eyesight. You know . . . This
                            thing has changed so dramatically. Used to I'd have twelve buyers, now
                            I've got, like four. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> That's a big difference. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Used to, your peripheral vision on twelve or fourteen people, you know,
                            if you're not sharp, this man, number twelve down here, you miss him.
                            You don't see him, that's a bad mistake. Another mistake is getting so
                            fast that you get too fast and actually leave your ticket marker. That's
                            one thing my daddy told me not to do. <hi rend="i">Don't ever leave your
                                ticket marker.</hi> You know what I mean? Get five piles up the row
                            . . . If you leave your ticket marker and he doesn't get it on the
                            ticket, then it doesn't do any good. Don't leave your ticket marker.
                            Stay with him. It's not really how fast you. Just get a good pace and a
                            good smooth rhythm and sell tobacco. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> How do you keep up with the buyers and the ticket marker? Seems like
                            your head would moving all over. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, he should be right with you. You got this peripheral vision and
                            you just glance back. You got to glance back and watch him and the
                            buyers and also listen to your sales started.</p>
                    </sp>
                    <milestone n="7565" unit="empty" type="stop" timestamp="00:15:48"/>
                    <milestone n="7414" unit="excerpt" type="start" timestamp="00:15:49"/>
                    <pb id="p7" n="7"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Man! Sounds like a pretty intense and involved operation. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> It can be. It is. It's not as easy as it looks. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Or sounds as the case may be. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Right. A lot of people can go through the motions. But there's a lot of
                            really nice flamboyant sounding auctioneers that maybe really don't
                            catch bids that good. Mr. Jimmy Joliff, he could roll it out. He'd never
                            miss one [a bid]. He could catch them all but never lose his chant. He
                            could just keep rolling it out and go from pile to pile. He was amazing.
                            He was just a natural. Some days you have it better than others, by the
                            way. That's just like any job I guess. Some days you just seem like you
                            got it and some days you just ain't got it. You know? </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p>
                            <note type="comment"> [Laughter] </note> I've got those. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Some days my tongue is just real loose and some days it just don't roll
                            out like it normally does. But, it's probably one of the greatest jobs a
                            man can have, as far as fun and having a good time. It's not as fun as
                            it used to be. I hate to be the one to . . . I mean if we'd had twenty
                            years ago, I would tell you I had the greatest job in the world. And I
                            still do, but it is not as fun as it one time was. It's not as . . .
                            Used to be it was a big circus atmosphere. Everybody was at the
                            warehouse. You was there selling and you had your whole family. You was
                            there waiting to get your check to go to town to buy your kids new
                            clothes. Go pay your oil bill. Go to town and you had money to spend!
                            The peanut man was there and the lemonade man [was there] and music!
                            People would go. And when some people'd go they'd stay in town a couple
                            of days. Maybe get there, say on Tuesday afternoon, stay all night and
                            unload their tobacco and sell it the next day. Shop in town and get home
                            Wednesday night. So it was . . . Now, a lot of our farmers don't even
                            see their tobacco sold and we mail them a check. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> When do you think the farmers' attendance to the sale started dropping
                            off? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, number one, farmers now, it's not uncommon for them to have a
                            hundred or two hundred acres of tobacco. But also they've got three or
                            four hundred acres of potatoes. They might have five hundred head of
                            hogs. They might have eight hundred acres of cotton and, in the winter
                            time, might drive an oil truck. <pb id="p8" n="8"/>There is a whole lot
                            more for them to do now, because tobacco doesn't reach as far as it did,
                            you know? A farmer can't just go now and stay away from the farm for a
                            couple of days, just to sell tobacco. Now they bale it up in 850 pound
                            bales and bring 20,000 pounds to the warehouse and unload it in twenty
                            minutes. Their help carries the tobacco and he never goes. Tells me, <hi
                                rend="i">Edward look after it. </hi>I sell it and send it and mail
                            his check. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> As an auctioneer, if you've not got the farmer there, how does that
                            affect your sales? I mean the way you sell tobacco? The way you auction
                            it? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Mine, none. Actually, I would feel more responsible, if he's not there.
                            Most of them have enough confidence in my or my people at the warehouse.
                            Or most of them, if you can't be there, you pretty much know what the
                            market price is and if it is bring a $1.60 and I send you a check and it
                            brings$1.20 you're going to say, <hi rend="i">Hey! What's going on?</hi>
                            But most of them . . . hey, I don't mean most of them don't come.
                            There's still a lot of them that come but most of them just say, <hi
                                rend="i">Edward look after it.</hi> And they know, if it doesn't do
                            right . . . I treat it just like it was mine. I raise it also and if it
                            doesn't do what the market price is, I reject it. They have the
                            confidence in me to look after it for them. And sometimes that works
                            real good and sometimes, maybe it don't. But I have to make the call.
                        </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> But you talked earlier about how it was kind of like a circus and the
                            auctioneer was the . . . </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> He was the main attraction. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> So I was just wondering, if the audience . . . if there's a big crowd of
                            people there, you know the farmers are there, how does that affect your
                            presentation when you're selling the tobacco? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, if you've got a pretty young lady standing there, you're going to
                            show off. I have seen farmers bring their young beautiful daughters and
                            stand them with their tobacco. And say <hi rend="i">Hey boys look at
                                this beautiful young lady. Here's her tobacco.</hi> And you got a
                            buyer that's maybe going to show off a little bit. He might give a few
                            more bucks for it, just to show off. Those days are pretty much gone.
                            Tobacco now is really bought by price grading. Used to American
                            [Tobacco] only had three or four grades: One, Two, Three, Four or Five
                            or something. A One was a lug and a Two was maybe a cutter. But now,
                            tobacco is graded basically according to price. A $1.90 is a Number One,
                            $1.75 is a Number Two. It's really price graded. So I don't know now,
                            buying tobacco if you have to be that terribly good judge of tobacco,
                            just grade it by price. </p>
                    </sp>
                    <pb id="p9" n="9"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> You said the farmers don't come, they don't bring their daughters, do
                            you have any sense about when that stopped? What year would that have
                            been? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> I'm going to say it pretty much started fifteen, twenty years ago. I
                            don't Know if that's totally correct but . . . In the 70's and the 80's
                            it started not being uncommon for people to have a hundred [or] two
                            hundred acres. Before that your family farm had twenty acres of tobacco,
                            fifteen sows, fifty acres of corn, to feed the hogs, a big garden. And
                            now, it's not uncommon for people to have a couple of hundred acres of
                            tobacco, a thousand acres of cotton, or something like that. And they
                            really don't have time to come [to the warehouse]. Of course young
                            people, I wouldn't think there were that many young people, now that
                            would really be raring and jumping up and down to get into the tobacco
                            business. Obviously, if I were a senior in high school I don't know . .
                            . There are kids that are trying to farm but they got to . . . I mean
                            which would you rather be, a tobacco farmer or a . . . </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Computer programmer. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Right, or a landscape architect. Or a plumber. Heck, it's not uncommon
                            for plumbers, now, to make two hundred thousand a year. Or electricians
                            or home builders. So that's a sad part of it also. Maybe our young
                            people just don't see the history in it, or the future in it. And of
                            course, kids now are taught, from the day that they get in school, that
                            tobacco is a drug. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> The health . . . </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yeah, the health issue. Of course that's a no brainer. I don't argue
                            with anybody, obviously tobacco is not good for you. But neither was
                            that big plate of barbecue I ate out there today. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> It's just like anything else, too much of anything is not good for you.
                        </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> I don't know, when the companies, when they were making cigarettes, and
                            started out I don't think that they meant for people to smoke three or
                            four packs a day. But they can't stop them. If a man wants to smoke
                            three packs , you know . . . </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> It's their choice. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> That's right, but the way it's marketed is probably the biggest change
                            in the last three or four years. But prior to that, the growers started
                            getting bigger and bigger and bigger and bigger. And the small farmers
                            started getting less and less and less. <pb id="p10" n="10"/>And of
                            course people started renting their tobacco. Maybe you'd my farm. If you
                            were a farmer maybe you'd rent everybody's farm on my road and tend all
                            their tobacco. So there's one man tending five people's tobacco. So
                            there's five [farmers] out , but they's still one man tending it.. So
                            that's one thing that's started out. And people could start renting
                            their poundage. Make [they are] getting on up in age they could rent
                            their poundage for fifty cents a pound. They get their rent in January
                            and don't even have to plant their tobacco. So that changed it also.
                            People started renting it out and that type of thing. And then people
                            got real mechanized. Where instead of having ten people help you walk
                            the ground and pick it, you know walking, they invented the
                            self-propelled harvester. And they invented the bulk barn. The
                            mechanization changed it greatly also. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Yeah, it's not nearly as labor intensive as it one time was. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> No, uh-uh. </p>
                    </sp>
                    <milestone n="7414" unit="excerpt" type="stop" timestamp="00:25:28"/>
                    <milestone n="7415" unit="excerpt" type="start" timestamp="00:25:29"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Getting back to when you were learning, your dad helped you with the
                            chant, to get your voice so you could carry it without straining and be
                            heard, did he help you with learning how to catch the bids and how to
                            keep people happy on the sales? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, he taught me that . . . as I said, it was better to keep a good
                            relationship with your buyer. If you and I are going to be on sale all
                            day, we need to try to get along. The happier and more better
                            relationship we got the more you are going to try to make the sale flow.
                            Where as, if I'm not very nice to you or try and give you a hard time or
                            curse you, or whatever, you're not going to be as apt to help me, or . .
                            . Help me when I say, <hi rend="i">Hey, this is my buddy here. Can you
                                help him with his tobacco?</hi> Well you know, <hi rend="i">Naw, I
                                can't.</hi> He might not say that, but if me and you are on a . . .
                            have a good working relationship and I ask you to help me you probably
                            will. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> That's an interesting point. What do you do to cultivate a good
                            relationship with the buyer. It's a broad question so . . . </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, you know, they have their supervisor that comes in too. They have
                            a supervisor that comes in and monitors them. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> The "circuit riders?" </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yeah. Obviously, when he comes in you want to make you look good. Like,
                            if your circuit rider comes in, I don't want to miss your bid and I want
                            to make sure you get plenty of tobacco. Now when he leaves it's
                            different, you know. But when he's there, I want to make you look <pb
                                id="p11" n="11"/> good. 'Cause we want to get him in and out and
                            gone. You don't want him gnawing on you, saying, <hi rend="i">Hey you
                                missed this. Why come he's not giving you . . . Why aren't you
                                buying 30%? What's wrong?</hi> I want to make you look good when
                            your circuit rider comes in. If I do that, we'll be okay. And in return
                            you can make my day a whole lot easier too. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> How can I do that? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Instead of bidding, say they started at 85 and somebody says [in a tone
                            of voice expressing drudgery he chants] 86, 87, 88, 89, 90, 91, 92 . .
                            .. . . .. Well, if he starts at 85 and somebody says 86 and you've got
                            90 on it, you can just go ahead and throw and save me all that work,
                            from 84, 5,6, 8, 9, 90. from 86 you can just say 90. You can make it
                            hard on me also. You can drag it out, a penny at the time. You can work
                            me to death if you want to. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Does that ever happen, where they just sort of work you to death out of
                            spite? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yeah. I've had it to happen. But a good warehouseman will protect you
                            there. The warehouse can also bid and if sees they're trying to pull it
                            back the warehouse can buy it also. A good warehouseman will protect his
                            auctioneer. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Well, you own your own warehouse but you also auction tobacco, so you
                            auction in your own warehouse, I guess? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yes. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> How does that complicate . . . </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> I have a sales leader. Someone that starts the sale. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Okay. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> But, I don't see . . . It's no different than . . . When I started
                            auctioneering I'd sell for five different concerns a day. And I didn't
                            work any harder at your warehouse than I did the one down the street. My
                            job was to sell it as high as I could, you know? And try and help the
                            farmer. I never really . . . I felt like I was working for the farmer
                            all the time. Even though if I worked in your warehouse, you were paying
                            me. But still I felt obligated to the farmer to try and get the most
                            money for it. That was another thing my daddy taught me. Always try to
                            get the most money you can for the farmer. 'Cause when the farmer does
                            good we all do good. When the farmer doesn't do too good, don't any of
                            us do to good. That's if you live in a tobacco town like Smithfield
                            [NC]. When <pb id="p12" n="12"/> the farmer did good, everybody did
                            good. The oil-man, the fertilizer-man, the drygoods-man, the car-man,
                            the tire-man, the tractor-man. Everybody did good when the farmer did
                            good. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> You talked about cultivating a good relationship the tobacco buyer, what
                            do you do to cultivate a relationship with the farmer? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, you treat him honest. You tell him the truth and you treat him the
                            same as you do the next farmer. In other words you don't let . . . you
                            don't let, in other words you try to tell him the truth and be fair and
                            level with everyone. You know some people . . . at one time when we used
                            to have to book tobacco. There would be so much tobacco that we actually
                            had to say, <hi rend="i">You can't bring but 5,000 pounds.</hi> You
                            know, depending on how much . . . And you would have to be fair to
                            everyone. Instead of letting you sell, I had to say, <hi rend="i">One
                                can only sell once [a week], just like your neighbor there. You can
                                only sell once.</hi> If I told you, you can't sell but once and then
                            you saw your neighbor come by three times that week you're going to come
                            to me and say, <hi rend="i">Hey! You told me I could only sell once. Why
                                is John selling three times?</hi> You don't want to do that. You
                            don't want to tell him a lie. You want to let him know that when he
                            leaves his tobacco there, that you're going to try and get every dime
                            for it that you can. 'Cause if you're on commission, obviously, the more
                            the farmer makes the more you make. So I would say being honest to him
                            and fair. You know, straight across the board with everyone, the same
                            way. There are some people that would, if they could sell everyday, they
                            would sell and don't give a flip if you sell or not. But you don't want
                            that to be. When I tell you what you can bring, I want you to be
                            confident that I'm being as fair with you as your neighbor or anyone
                            else. </p>
                    </sp>
                    <milestone n="7415" unit="excerpt" type="stop" timestamp="00:31:54"/>
                    <milestone n="7566" unit="empty" type="start" timestamp="00:31:55"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> A lot of people, when they hear the auctioneer, they literally hear him
                            and don't really realize all that is going on in selling tobacco. So if
                            you could, and this would be for the historic record, kind of describe,
                            as best you can, what you do when you sell tobacco. Start from when you
                            get to the warehouse to when the sales are completed for the day. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Are you talking about the auctioneer? </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Yes, as the auctioneer. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> You know what time your sale is. And of course this is 2002 and things
                            have changed, but let's go back a few years, to when there were, say
                            seven warehouses in Smithfield, and two sets of buyers. That means there
                            would be two sales going on at one time and there'd be seven warehouses.
                                <pb id="p13" n="13"/> I might sell at your warehouse at 9:00. I
                            might sell your competitor's warehouse at 11:00 and might sell at the
                            other one 2:00. So I'd have to be at the sale, say I had a 9:00 sale I'd
                            have to be there at 8:30 or a quarter to nine. By [then] the graders
                            would be grading it. And then I would just to be at the first pile at
                            9:00, ready to sell tobacco. Of course the sales leader starts the sale.
                            He starts the first one at, say $1.95 and I say, $1.95. If I don't get a
                            response I say, $1.94. If I don't get a response, $1.93. Then someone
                            bids [$1.] 92 [ And I say] <hi rend="i">R. J. Reynolds</hi>. And then
                            there's the next pile. [$1.] 95! </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> If somebody bids 92 do you try to see if anybody else would want to get
                            it a little higher? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, if the warehouseman starts it at 95 and if no one doesn't say 96,
                            if they sign 96, then you can look for 97, 98 or 99. But if you say 95
                            and you back up 94, 93, 92, the first one that bids 92 it's his pile of
                            tobacco. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Okay. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Getting back to what I telling you about awhile ago, about working you
                            to death, you can let it fall back to 95, 4, 3, 2, 89, 88, 87. And then
                            they go 88, 89, 90 and back up again. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Oh man. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> I mean they can work you to death. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Do you have to do any kind of homework before you get to the sale? What
                            do you do to prepare yourself for the sale? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> I always though it was a good idea to be real familiar with the
                            government grades. Whatever the government grade was. They change yearly
                            and I would always study those and know what the support [price] was on
                            an X4F [tobacco grade] or a B4F. I'd always like to know who my buyers
                            were. Know them by name and where they were from and a little bit of
                            something about them, if I could. I always kind of like to know, as best
                            I could, what kind of tobacco they liked and what kind of grades they
                            had. Things like that. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> And how do you get that information? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, just following with them. As you sell with them day-in and day-out
                            you'll learn their grades and you'll learn where they are from. See,
                            most buyers come back year after year, after year after year. And maybe
                            if one comes, you might not know him, but you might know one of his
                            buddies. You might even know his father, you might know his uncle.
                            Things like <pb id="p14" n="14"/> that. Maybe [you would know] that he
                            might like to fish. Or maybe he likes to hunt, or something. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> And how does that help? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> It's just a rapport, you know, it's more of a just try to be a [friend],
                            you know, have a working relationship and be friends. Obviously—sugar
                            and salt—you know. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> The outside observer would not realize that this kind of homework is
                            involved in selling tobacco. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> You need to know . . . I always like to know what it did on the other
                            markets. <hi rend="i">What is it doing in Wilson? What is it doing in
                                Goldsboro? Are they averaging $1.85? Why in the heck are we
                                averaging $1.75? What's wrong?</hi> A lot of times you would need to
                            know kind of what they bought the year before. Especially in the burley.
                            You'd want to know what they'd bought the year before, 'cause compared
                            to what they bought the year before is based on how much percentage they
                            got this year. And when it got on in the latter years, here in the last
                            ten or fifteen years it got down to where every pound on the floor
                            brought the same price. And say you were with Universal Leaf, and it was
                            just a known fact that you were going to 50% of it. That would mean you
                            got every other pile. Some how or other, if you have eight buyers, you
                            still got every other pile, whether it went to the back of the line or
                            had to come back to you or whatever I did, you got every other pile.
                        </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> And that's if they are all bidding the same price? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yeah. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Now, if I got every other pile but somebody comes along and starts
                            bidding a little bit more? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Oh, that changes . . . that opens the can back up then. That opens it
                            back up. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Does that make it easier or more complicated? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> That doesn't happen very often. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> But when it does, how does that affect . . . </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> I love it actually. — One thing my daddy told me, and he always told me
                            I sold too hard. That's something that I've always done. I've not been
                                <pb id="p15" n="15"/> able to take it lightly and try to not take a
                            bid. I took everyone I could get. He always told me I sold too hard. But
                            if they wanted to bid more, it was okay with me. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> I was talking to one man and he said <hi rend="i">you've got to be able
                                to handle the take-outs.</hi>
                        </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> That's right. Well a take-out . . .</p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Is that when they kind of break the rhythm? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> No a take out is when, say this pile brings 94 and the next pile brings
                            93. If you buy this one for 94, and the next one is 93 and you're
                            bidding, is Yours, unless you say you just don't want it. And if the
                            next one brings 94, it's still your. And if the next one brings 93, it's
                            still yours. They have to break that rhythm to get out – it's a take
                            out. If it's 94, 93, 94, 93 that's what we call the rocking chair. If
                            you get in the rocking chair, you rock until somebody breaks it. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> And when they break it that . . .</p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> That means its a new ball game then and they have to get back in. But a
                            take out is when . . . And it can go the other way too. If one brings .
                            . . a take out, if this one brings 94 and the next one brings 93 and the
                            same person's bidding 93 that bid 94, that's a take out. It's his pile
                            of tobacco. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> That always stuck me as complicating the process a little bit more. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, it's just something that you learn. And if you don't do it you
                            will be schooled quickly. They will stop the sale and tell you very
                            quickly that it's a take out. That's just a universal rule. I don't know
                            who made the rule up or how it got started but . . . That happened out
                            there a while ago. [Referring to mock tobacco auction held as part of
                            the Museum's program.] <hi rend="i">Ohh! That's a take-out!</hi>
                        </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> If you don't mind explain it for me one more time, 'cause I'm still not
                            [certain]. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Okay. Suppose it's going along bringing 94. Everything is bringing 94.
                                <hi rend="i">94 Reynolds, 94 American, 94 Carolina Leaf, 94
                                American, 94 Taylor.</hi> Okay, say the next pile brings 93 and
                            everybody's bidding 93, the last person that bid 94 [for a pile of
                            tobacco] gets 93. That's what we call a take out. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Okay. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> It's his pile. Unless somebody bids 95. </p>
                    </sp>
                    <pb id="p16" n="16"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Okay. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> But a take out is when . . . . . . it could work, you could actually get
                            in A situation where . . . let's see if I can explain this right. If it
                            was all bringing 94, <hi rend="i">94 Taylor</hi>, let's just say that
                            you're buying them all. Let's just say you were buying them all for 94.
                            And you're Reynolds.<hi rend="i">94 Reynolds, 94 Reynolds, 94 Reynolds,
                                94 Reynolds</hi>. And then all of a sudden it went to 93, and
                            everybody else bid 93. They can't get it, its yours. It's your pile.
                        </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> It's mine because I've already bought this other stuff? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> That's right. 92, everybody is bidding 92, it's still yours. 91, still
                            yours. 90, still yours. The only way they could get in is if it went
                            from 91 to 90, it's yours? The only way they could break that is to take
                            it to 92. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> And so when they get it back to 92, that's the take out? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> No, that's not a take out. The take out is when it's going 94, 94, 94,
                            94, 94 and then one brings 93 . . . </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> I still get it for 93? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> You still get it for 93 and if it goes to 93, it's still yours. 91,
                            still yours. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> But if somebody else bids 92? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> It's a new ball game. And then he's in. If he gets 92, a new man? And it
                            goes back to 91, that's his take out. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Okay. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> It don't happen that much, but it does happen. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Some of the men I've talked to say that's when you can get some real
                            strong disagreements. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> That's right </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> 'Cause it kind of breaks the rhythm. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, they'll stop the sale and tell you. Say it was,<hi rend="i">94
                                Reynolds, 94 Reynolds. 93 American. Whoa! Whoa! Whoa! That's my
                                pile! That's a take out! [In a cowed tone of voice] Okay, okay. I
                                messed up, I'm sorry. I <pb id="p17" n="17"/> apologize. I messed
                                up. That was my mistake for the day. I made another one back in
                                1952. </hi></p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p>
                            <note type="comment"> [Laughter] </note>
                        </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> You tried to lighten it. Maybe make you laugh about it and you've forgot
                            about it, rather than being blistering mad. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> I was going to say, how does humor play into [the sale]. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Just like I did then. Maybe I can get you from being mad to being happy,
                            we're back on an even keel. If I get you in a bad mood and actually get
                            you mad, say I make you look bad in front of your boss man. That's not
                            good. That's not good. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> I can only imagine. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> I don't want to miss your bid. And, you know, I don't want to miss your
                            bid. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> How is it different on different markets? I mean, what changes do you
                            notice between selling flue cured tobacco and selling burley? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, actually, burley was always more in a . . . it's colder. It's a
                            whole lot colder. Different attire. Down here you're sweating . Up there
                            it's cold as heck. Tobacco always sold higher in the burley because
                            there was not much of it. Seems like it all brought pretty much the same
                            price out there. Were as in the flue cured, it would start out with the
                            lower leaves, maybe $1.60 and your middle leaves $1.70 and your top
                            leaves $1.80. Out there it pretty much all brought the same price. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> The audience in the warehouse, how was that different? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> I don't want to say this the wrong way, but you know, you had some
                            people who come down out of the mountains, that maybe only come out of
                            the mountains, maybe once a year, to sell their crop. You'd have some
                            people that come down out of the mountains and sell their tobacco and
                            sell that tobacco and that was the only time they ever come to town, the
                            whole year. They . . . rugged mountain people. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> I guess you could say they were smaller farmers. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Right, out there, you'd have people that'd have a 1,000 pounds, 1,200
                            pounds. Where in flue cured down here, people have 50,000 pounds, or
                            100,000 pounds. That was unheard of [in the mountains]. </p>
                    </sp>
                    <pb id="p18" n="18"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> What kind of effect does it have on the role of the auctioneer if he's,
                            there are small farmers in the warehouse? How does that change . . .
                        </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> It shouldn't have any effect at all. It shouldn't make any difference at
                            all to an auctioneer, how much tobacco a man's got. If he's selling to .
                            . . auction tobacco at a top price, it should be . . . to me it would be
                            immaterial if you had two acres or 200. I make the same thing. I'll be
                            paid by pounds, poundage, total poundage. So it's immaterial to me if .
                            . . actually I think I would try to help more that had five acres than
                            had a hundred. I don't know, maybe not try but probably maybe have more
                            feeling for a man with five acres and five little kids standing there
                            than I would for a man with a hundred acres . . . </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Who's not even there? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Who's not even there. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> That's what I was wondering, if put a little more into your performance?
                        </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yes. I think that would just automatically make me try harder. Plus, you
                            know, I always . . . And see, you get to know these people. You get to
                            know them by name. You grew up with them and you know them. And like
                            Smithfield, as a market, I see these people day-in and day-out, twelve
                            months a year. You go out to Kentucky, you might see them this time and
                            you might not never see them again. You might see them next year. But at
                            home, you know, I see these people everyday of my life. </p>
                    </sp>

                    <p>
                        <note anchored="yes">
                            <p>[END OF TAPE 1, SIDE A]</p>
                        </note>
                    </p>
                </div2>
                <div2 id="tape1-b" n="1-B" type="tape_side">
                    <head>[TAPE 1, SIDE B]</head>
                    <note anchored="yes">
                        <p>[START OF TAPE 1, SIDE B]</p>
                    </note>
                    <milestone n="7566" unit="empty" type="stop" timestamp="00:46:11"/>
                    <milestone n="7416" unit="excerpt" type="start" timestamp="00:46:12"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> I was going to ask about how your relationship has changed with the
                            buyers and the farmers over the years. I guess, talk about how your
                            relationship with the farmers has changed. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> I don't know exactly how to say it other than, you don't have as close a
                            relationship, because you don't see them as much. You don't see them
                            that much. The last few, seven or eight or ten years has been real
                            streesful on the [farmer]. You know, <hi rend="i">What's going to
                                happen? A buy out, are they going to buy it out?</hi>
                        </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Yeah it's been up the air. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> They ask you these question that you can't answer. I get asked ten
                            thousand times a day, <hi rend="i">How 'bout the buy out? Are they going
                                to buy it out?</hi> It's just so unpredictable you don't know what
                            to say anymore. You don't hardly know if you're going to be operating
                            next year. I don't know. It's gotten down to that point now, to where
                            you don't really know <pb id="p19" n="19"/> if you're going to be here
                            next year. Even if the warehouse is going to be open. I've got friends
                            of mine that were in business for forty and over night they were out of
                            business. Gone! The warehouse just closed!</p>
                        <p> It's stressful. Maybe the farmers are a little more uptight. Worried . .
                            . Used to, maybe it was more laid back, more happier. Everything was a
                            lot more secure. Tobacco was selling good. Now, if tobacco don't do
                            good, you're almost . . . I mean corn's nothing, $2.00 a bushel. Soy
                            beans? There is nothing to make any money on anymore but tobacco. </p>
                        <p>In the '50s corn was $5.00 a bushel, maybe a man could make a little
                            money on corn. But now there's no money on anything but tobacco. There's
                            nothing that can make the money that tobacco does.</p>
                        <p>But as far as the relationship with them, I don't see them that much no
                            more. It's a lot of phone talk and a lot of Nextel talking. A lot of
                            people bringing their tobacco to the warehouse and talk for them. I just
                            know . . . They got cards they have to put it on. And about the only
                            time we talk is when they say, <hi rend="i">Put this on card number
                                so-and-so.</hi> Or whatever. </p>
                        <p>Used to, everybody would bring their own personal tobacco to the
                            warehouse on their own personal truck and come to the sale their self
                            and stay and wait and get their check, but it's just not that way
                            anymore. So that took away from the, maybe the one-on-one personal
                            service. That's about all the warehouse had to sell, was personal
                            service. And then try and convince them that you were the highest price
                            in the East. But personal service, like <hi rend="i">Get you off fast.
                                Get you out of the warehouse.</hi></p>
                        <p> I built a new warehouse in 1997 with all that in mind. Modern, state of
                            the art. A beautiful warehouse. I always wanted big 20 foot doors, where
                            you could get a truck in and not worry about it scraping the door. And I
                            built me big 20 foot doors, 20 foot high and I put me a 80 foot trolley
                            in it with a quick unloading system that weighed the sheets hanging the
                            air. Bought balers and things like that. With in mind of when you came,
                            you came to a facility where you were in and out and gone. Where you'd
                            know what was happening </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> I remember reading about some auctioneers [sic; warehouses] that said
                                <hi rend="i">We've got the best stables for your mules and
                                dormitories for the farmers.</hi> From when it was a trip to town.
                        </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yeah. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> What about the buyers? How do you think your relationship with the
                            buyers has changed? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well we don't have any buyers. We got four where we used to have 12 or
                            15. And they all used to come and stay in a motel. Now we sell one day a
                            week. They'll sell in Smithfield today, Clinton tomorrow, Kinston the
                                <pb id="p20" n="20"/> next day and they're just not around. You
                            might see them one day a week, where you used to see them seven days a
                            week. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> So there's fewer of them and . . . </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> There's fewer of them and you just don't see them that much. You don't
                            see then enough to get that close a relationship with them. And they
                            don't stay around that much anymore. Hardly any of them even stay in
                            Smithfield. Maybe some of them will stay close enough to where they go
                            home every night. We used to have buyers from Kentucky and Tennessee
                            that would come and they couldn't go home. So we'd eat together a lot
                            and, maybe on the weekend got out some together, but you just don't have
                            that any more, 'cause they're not around. They're just not around. </p>
                    </sp>
                    <milestone n="7416" unit="excerpt" type="stop" timestamp="00:51:19"/>
                    <milestone n="7417" unit="excerpt" type="start" timestamp="00:51:20"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Okay. Now we've talked about the farmers and the buyers, now I want to
                            ask about the auctioneers. When you were growing up and your dad was
                            auctioneering, how do you think the auctioneers from your father's
                            generation are different from the auctioneers of today? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Oh, it's night and day. It's not even close. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> What's changed? What's different? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, we sell one day a week, where we used to sell five. Well sell
                            600,000 pounds a day where they used to sell 150,000 pounds four times a
                            week. It used to be a true auction, where we had 12 buyers and all of
                            them bidding on the same pile. Now it's three or four buyers and all
                            four of them are buying for one company. You know, you've got one
                            company that's buying 75% of the tobacco that's grown in the United
                            States. Everybody knows it's Phillip Morris. I mean, on tape or what
                            ever I have to say it, they control it. They buy 75% of what's bought
                            and sold and, pretty much what they say, goes. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> How does that change affect what the auctioneer does? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well . . . </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> I don't necessarily in the selling of the tobacco but the persona that
                            the auctioneer has. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> You're talking about how it has changed the . . .</p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> I remember, they talked about "Dancing" Jake Taylor and . . . </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> It's immaterial to do that anymore. That doesn't make any difference <pb
                                id="p21" n="21"/> anymore. They're going to give so much. You can't
                            entice them to give more anymore. You can't entice them to may jump at
                            $5.00 to show-off for the pretty girl. They don't do that. That's not a
                            part of the plan any more. They bid what they want to and most of the
                            time that's just a penny over the support price, if the government's got
                            it supported at $1.80 they give $1.81. That's just the way it is. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> So that performance aspect? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> I don't think it's any good anymore. If you do it, it's just . . . You
                            know, used to the performance was maybe helped the sale, helped it to
                            get better. Or helped the buyer to give a few more cents, because of the
                            pretty girl or because they were happy and everybody was and this
                            auctioneer really had them going, you know had them in the palm of his
                            hand. That's immaterial now. It's so standard, it's so cut and dried.
                            When you start out, if it's a B4F [grade of tobacco] you pretty much
                            know it's going to bring 93 or 94 co-op. There's no in-between. Used to,
                            if a buyer could be slick enough to buy one cheap, he bought it. If the
                            other buyer weren't smart enough to recognize that it was a good pile
                            and you were—you just bought a bargain. But that's not that way anymore.
                        </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> So there is a lot more control? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> I don't hardly know how to explain it. It's just not that way. You just
                            got one company that's literally got a monopoly, in my opinion. They buy
                            all the tobacco. You got four buyers there and all . . . On my sale I
                            actually got Phillip Morris buying tobacco, but there's three more
                            buyers, but they are buying for him too. So it's . . . in my opinion and
                            it really doesn't make any difference, but they have a monopoly. I mean
                            they control it. It's like last Monday they came in and bought 36% of
                            the sale and all of my farmers were happy and everything was good and
                            tobacco was selling good. And three days later they come in and buy 4%.
                            Everybody is gloomy, dead. It's terrible. A bad sale. Just 72 hours
                            before that, they were happy. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> When they only bought 4%, did the co-op get the rest of it? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> They got a bunch of it. They got 67%. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> At least they sold some tobacco. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, there are other companies that buy, but they're just . . . See
                            they're only two people, three people that make cigarettes. You got
                            Reynolds and they don't follow the auction. They buy none at auction.
                            Zero! </p>
                    </sp>
                    <pb id="p22" n="22"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> They all do contract growing? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yeah. When you got B&amp;W, which is Brown and Williamson, they
                            don't . . . they buy 15, 18%, 12 or 15%. And they're dealers. The
                            dealers, like DIMON, they're a dealer. They buy it and re-sell it to
                            make a profit. They don't make cigarettes. So when you've got one
                            company that buys 75% of it, which is Phillip Morris, I mean it's just .
                            . . they control what goes on from day to day. They decide they've got
                            enough of this kind — that's it! These other fellows can't buy it. Like
                            a dealer, if they buy it, they got to re-sell it. Who they going to
                            re-sell it to? They got to re-sell it to a cigarette maker. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> And Reynolds isn't buying it and Phillip Morris they've got what they
                            need. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> And B&amp;W, they got what they need. So it's just sad, in a way.
                            It's just sad. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> It seems like the auctioneer added so much life to the sale. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, he did. I mean. In it's heyday, that was the only way to sell
                            tobacco. The only way to sell tobacco was at auction. And you had 260
                            warehouses from Florida to Virginia. Smithfield, for instance, had seven
                            warehouses. Now they got one. It was the only way to sell tobacco. The
                            auction. There wasn't no such thing as contract. Now all of a sudden
                            they come out with direct sales, and overnight, literally overnight 80%
                            went to the contract. BAM! I don't think the companies even realized it
                            would go that big. It could be 100[%] just like that. All they'd have to
                            do is say, <hi rend="i">We'll take the rest of it.</hi> That's all
                            they'd have to do, but they can't use it. Even Phillip Morris can't use
                            it all. And when they can't use it all that doesn't leave but just a few
                            more people. And that's a dealer and he's got to buy it and re-sell it.
                            And we've kind of priced ourselves out of the world market. They can buy
                            tobacco in Brazil a dollar a pound. Our tobacco, the same tobacco would
                            be $1.90. And just four years ago, we grew a billion pounds of tobacco.
                            A billion, pounds. One hundred million pounds in 1997. This year we're
                            growing 460 million pounds. That's a big, big, big, big, decline. But
                            when we sold a billion pounds, they only way to sell it was at the
                            auction. And you had to have a bunch of auctioneers. A bunch of ticket
                            markers. But all of these fellows you saw today [at the Museum's mock
                            auction] 95% of them are unemployed. All of those world champions, 90%
                            of them are unemployed. They don't have a job. There is nothing for them
                            to do. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> They can't sell tobacco, but what was it, Mr. . . </p>
                    </sp>
                    <pb id="p23" n="23"/>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well they can sell real estate, but that's certainly not tobacco. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> It's not the same. It's not the same. It moves a lot slower. Well I've
                            been badgering you with questions for the past hour or so. Is there
                            anything you want to say that I haven't asked about? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> No, other than just I hope in some way, some way there is enough tobacco
                            can be designated to the auction, that in someway, if it's not me (I
                            hope it's me) that some where in North Carolina, or where ever,
                            (especially in North Carolina) that it would be a day when you and I
                            have to sit here and say what it was like when there was an auction. I
                            hope it doesn't ever get that way. I hope it's always somewhere, if it's
                            not but one little auction, in Oxford , North Carolina or Fairmont or
                            Kinston, or Smithfield, I hope always, at some point in time—before I
                            lay down and die and go on—I hope I can always say that there is an
                            auction, a tobacco auction somewhere. </p>
                    </sp>
                    <milestone n="7417" unit="excerpt" type="stop" timestamp="01:00:19"/>
                    <milestone n="7567" unit="empty" type="start" timestamp="01:00:20"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> They also asked us to get people to demonstrate their auction style . So
                            do you want to try and sell a little tobacco here? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yeah. Sure. I'd be glad to. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> All right. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> [Auctions tobacco] All right here we go [chants] </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Okay. Can you sort of explain that? Slow it down a little bit, so the
                            uninitiated might could [understand it]? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well again, you got a sales leader. And the sales leader, in his
                            opinion, starts the pile off. I'm going to let you get involved. You can
                            start it off. You say $1.95 </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> $1.95! </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> (I'm going to do it slow) One-ninetyfive, one –ninetyfive,
                            one-ninetyfour, one-ninetyfour, one-ninetyfour. Reynolds! Start an other
                            one. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> $1.93 </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> One-ninetythree, one-ninetythree, one-ninetyfour, one-ninetyfive, one-
                            ninetysix, one-ninetysix. Taylor! </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Well, actually they wouldn't say one-ninetyfour, they'd just say <pb
                                id="p24" n="24"/> 'ninetyfour. Right? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Right. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Okay. When you're auctioning you'd say, <hi rend="i">ninetyfour</hi> and
                            then there was some filler . . . </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, there's filler. [chants] One-ninetyfive. Dollar-bill, dollar-bill,
                            dollar- bill, dollar-bill. One-ninetyfive, fa, fa five. Fa, fa, fa,
                            five. One-ninety fa, fa, four, four, four, four. One-ninetyfour, three
                            dollar-bill. Now two dollar-bill. Ninetytwo, tata, two two two. Wa, wa,
                            wa, one. Ninety dollar-bill. Ninety dollar-bill. Eightynine, ninety,
                            nine, nine, nine. Seven, seven. Now six dollar-bill. Six dollar-bill.
                            Five fa, fa, five. One-ninetyfive, Reynolds! Filler. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Okay. You said, <hi rend="i">Run Johnny run</hi>. Was that . . . </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> R. J. Reynolds. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Yeah. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> [I] don't say that anymore. He's not on the floor. I've been
                            auctioneering for 28 years and all of a sudden, this year, I've had to
                            learn how to say "Phillip Morris." Never had to say it. They're on the
                            sale. They've got their own buyers. So I had to change my . . . The time
                            has gone, where I used to say "American," "Reynolds" . . . Let me think.
                            "A.C. Monk," all those are gone. So I've had to adjust my style. Where I
                            used to, <hi rend="i">Run Johnny run</hi> was filler. [chants]
                            Seventyfive Run Johnny run. That gives you a carry over into the next.
                            [chants] Well, seventyfive five five. Seventy five five. Run Johnny run.
                            All right now, seventysix dollar bid. To five dollar bid. To Taylor man,
                            you're good. All right eightyfive dollar bid. To eightyfive dollar bid.
                            Top Taylor man is gone. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> But Taylor man, would be . . . </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> J. P. Taylor. And like you had Universal [Tobacco Company] which was
                            buying for Phillip Morris. You might say, I have said, like in Kentucky
                            it might be Southwestern, in Smithfield it might be J. P. Taylor. In
                            Wilson it might be Watson. But it's all Universal. What a lot of the
                            people would say would be "Cowboy." Which is the Phillip Morris man. You
                            know, the Marlboro man. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Oh yeah. </p>
                    </sp>
                    <pb id="p25" n="25"/>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> If you had a good enough ticket marker, that could follow you, when you
                            said "Cowboy," he knew that was J. P. Taylor, or Universal leaf. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Who ever was buying for Phillip Morris? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Right. He would know that. Run Johnny run. Or DIMON [chants] Buy her a
                            diamond ring. Or like Export, which is BW [Brown &amp; Williamson].
                            [chants] Seventyfive dollar-bill. Expert. Seventyfive dollar-bill to the
                            sexy Exy. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> You have these little slang terms for the companies, the buyers. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yeah. A.C. Monk. [chants] Nientyfive dollar bid. Monkeyman. All right.
                            Here we go now. Seventysix dollar bid all American. L-S-M-F-T. You know,
                            it's just on and on and on. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Is there a way you can distinguish between filler and acknowledging the
                            buyer? 'Cause, like Run Johnny run, is Reynolds. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Reynolds. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> And L-S-M-F-T that would be? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> American. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> American? Okay. But they would know? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> The ticket marker would know. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> And the buyers? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Oh yeah, they'd know. And then that's just a given. Just like the take
                            out. You just know. And someone that didn't know would be a rookie. He
                            just wouldn't know. But he'd have to learn mighty quick. Or he'd . . .
                            it just wouldn't work. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Yeah. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> But again, all that's changed ;cause you don't have Reynolds on the sale
                            any more. You don't have American on the sale anymore. You don't have
                            A.C. Monk. You don't have Dibrell Brothers. You don't have Carolina
                            Leaf. All of those are gone into one. Like A.C. Monk and Dibrill and
                            Carolina Leaf is DIMON, [spells] D-[I]-M-[O]-N, DIMON. But, still it's
                            like diamond, so I might say, [chants] "Buy her a diamond ring." But he
                            picks up DIMON. </p>
                    </sp>
                    <pb id="p26" n="26"/>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Well, why do you do that to your chant, when it isn't necessary? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> It's necessary to . . . </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> The rhythm? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> To keep you going. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Okay. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Instead of saying [chants-in a subdued tone] Seventyfive Reynolds.
                            Seventyfive American. Seventyfive Taylor. You know, [chants with regular
                            musicality] Well, seventyfive dollar bid. American man. All right
                            eightytwo dollar bid, said eightytwo dollar bid. Run Johnny run. All
                            right. Here we go now. Seventyfive dollar bid. Taylor man. All right
                            thrityfive, five-four-four dollar-bill to the Cowboy! </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Oh boy. To me it sounds like you're putting some art in to your chant.
                        </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Well, yeah. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Making it more fun. Making it better to listen to. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> And, you know, some are better than others. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Yeah. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> But there are journeymen that just, you know, [chants in a subdued tone]
                            Well, thirtyfive dollar-bill Taylor. Well thirtyfive dollar-bill
                            Standard. He gets it done, he gets paid. But he's just not as
                            flamboyant. And you might have someone with a top hat and a cane. You
                            know, some of the people they were talking about in morning. You've got
                            colorful characters. And you've got people that are subdued and don't
                            get flamboyant at all. They get the job done and tobacco sells. But then
                            you take somebody like Paige Roberts, the world champion. He can make
                            the tobacco sell, make the tobacco bring more, just by his . . . </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Showmanship? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yeah. Showmanship. He's got you and you're buying tobacco. And everybody
                            is looking at you. And look at that man auctioneer. Look at them work.
                            Look at that guy buying. Look at that auctioneering. You get pulled up
                            into it. He looks good. You look good with him. <pb id="p27" n="27"/>I
                            mean you're all going along there and —look at that. Look at that
                            tobacco auction. That's amazing. And you're a part of it. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> When you put that showmanship in to it, who are you aiming that at? Is
                            that for the buyer or the spectator? </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> It's for the buyer and the spectators. The spectators [and] the farmer.
                            You know, that farmer says, <hi rend="i">He is really working hard for
                                us.</hi> And it goes back to that report. You making them look good.
                            They'll look at that auction. Everybody's looking. <hi rend="i">Look at
                                that! Look at that auctioneer! How in the world do they know what
                                that buyer is doing?</hi>
                        </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p>
                            <note type="comment"> [Laughter] </note>
                        </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> You know what I mean. And they feel important. And you are. It's . . .
                            The auctioneer used to be a real big part of selling tobacco. Still is
                            in a sense, but it's pretty much cut and dried [as to] what it's going
                            to bring, before we get in there. It's very seldom that I can, now make
                            it bring more. I might can squeeze a penny here and there and something.
                            But you know, if you're good enough . . . You could used to, if you had
                            enough buyers, you could [chants] Seventyfive, five. Look a there.
                            Seventyfive. Six. You ain't looked at him. You don't know if he's
                            bidding or not . He might not be bidding. That's "rolling." </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p>
                            <note type="comment"> [Laughter] </note>
                        </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> It's done. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> I had one man, it might have been Robert Lee, talked about one of the
                            buyers said, <hi rend="i">Who was that bidding against me?</hi> And he
                            just laughed and said, <hi rend="i">You were bidding against yourself.</hi>
                            <note type="comment"> [Laughter] </note></p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yeah. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> But, I mean getting the price up for the farmer. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yeah. That's right. That could be done. But those days are pretty much
                            over, 'cause, hey, you ain't got but three or four guys. Hell, you can
                            see everybody in there. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Yeah. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Used to, you got 12 guys, you'd have a line of people as long as this
                            table. And you're looking at me this way and everybody else is that way.
                            Hell, you can't look back there and see if he's bidding. Hell, I'd done
                            be <pb id="p28" n="28"/> bought it and gone. You got to know what you
                            want and be there when it's sold. That's what the old man Howard Gravit
                            used to say. He was with American [Tobacco Co.] fifty-one years. And he
                            said, <hi rend="i">Know what you want and be there when it's sold.</hi>
                            He'd keep a pocket full of pennies in a big over coat. And he'd be on a
                            pile count, maybe he could buy fifty piles. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Yeah. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> And every time he'd buy a pile he'd take a penny and put it in this side
                            of his overcoat. And when these pennies got from the left side to the
                            right side. It was time to quit. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> It was time to quit. Well I've sure enjoyed talking to you and
                            appreciate you taking the time to share this with us. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yes sir! I appreciate you doing what you're doing. 'Cause as I said, I
                            hope in my lifetime (I hope it's never). But I hope we don't ever have
                            to sit down this and say, <hi rend="i">Ladies and gentlemen this is the
                                auctioneer that used to auction tobacco, when there used to be an
                                auction.</hi> I hope that doesn't ever happen. I really do. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> I'm right there with you, 'cause . . . </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> I know it's all money. That's the sad thing. It's all money. But this to
                            me, [the] auction is more than money. It's something that we need to try
                            save, in some sort of way. But I'm scared that the money is going to
                            overrule. If you know what I mean. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> My brother says, <hi rend="i">The love of money is the root of all
                            evil.</hi>
                        </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Yeah, that and the "golden rule." He who has the gold rules. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Yeah. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> But I just hope that we don't ever have to have this interview, five
                            years from now and you come back and say, <hi rend="i">Edward, what was
                                it like to be a tobacco auctioneer when there was an auction?</hi> I
                            hope that doesn't ever happen. I hope I'll always have an auction. But
                            if I don't have one I hope there's one somewhere. I really do. It's so
                            rich in history and heritage. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> And just the artistry of it. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Just like in there this morning. We talked a couple of hours? They <pb
                                id="p29" n="29"/> could've talked 24 hours. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> I'm certain of that. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Over and over and over and over, about just the little things they were
                            telling. Over and over and over. And that's just the tip of the iceberg,
                            what we're doing. What's going on. But used to, if you were a tobacco
                            buyer, you had pretty good prestige and clout and that was . . . you
                            know a tobacco buyer and an auctioneer and a ticket marker. That was
                            something to be . . . 'Cause there just ain't everybody that can do it.
                        </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> That's for sure. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> It's not everybody that can do it. But we appreciate what you're doing
                            and people like you . . . If nothing else, if it does go the people a
                            hundred years from now . . . But who knows, a hundred years from now
                            there might still be an auction. But if they're not, maybe we'll have
                            something where they can look back on and play this. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Well, the beauty of it is too good to go. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> It's history. For me, for Smithfield you're sitting there right smack
                            dab in the middle of the tobacco field. Smithfield is in the middle of
                            the tobacco field. It's all we know down there. It's all I know. It's
                            all I've ever known. But, you know, my kids . . . my daughter is a
                            freshman at Meredith. She has no . . . It's not in her mind to have
                            anything to do with tobacco. And I can't hardly blame her. Now my son,
                            he wants to, but he's smart enough to know that it's just not there.
                        </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> It's a lot of work for not a lot of money. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> He even asked me, like . . .Well, if you don't run the warehouse, maybe
                            you can rent it out for something. He wants to but he's smart enough to
                            know that it's too much of a risk to take all of your . . . What are you
                            going to do? Go to college to be a tobacco warehouse man? He's
                            interested in agriculture . . . but I just don't know if it will be here
                            for him or not. </p>
                    </sp>
                    <sp who="spk2">
                        <speaker n="2">WILLIAM MANSFIELD: </speaker>
                        <p> Well let's hope that it is. </p>
                    </sp>
                    <sp who="spk1">
                        <speaker n="1">EDWARD STEPHENSON: </speaker>
                        <p> Anyway . . . </p>
                    </sp>
                    <p>
                        <note anchored="yes">
                            <p>END OF INTERVIEW</p>
                        </note>
                    </p>
                    <milestone n="7567" unit="empty" type="stop" timestamp="01:13:47"/>
                </div2>
            </div1>
        </body>
    </text>
</TEI.2>
