1920's Antique Durham cloth tobacco pouch with drawstring and tag; pouch is about 3 1/2" in length

Tag looks to be original and reads: 

NONE GENUINE WITHOUT THE BULL ON EACH PACKAGE
GURANTEED BY THE AMERICAN TOBACCO CO. INCORPORATED
WHICH MEANS THAT IF THIS PACKAGE FOR ANY REASON IS UNSATISFACTORY YOU CAN GET YOUR MONEY BACK FROM THE DEALER.

Some history and info on Durham:

National Historic Landmark
Blackwell, W.T., and Company Tobacco Factory
Durham, North Carolina
County of Durham.
National Register Number: 74001346
Resource type: Building.
Property type: Industry / Processing / Extract. - manufacturing.
Congressional District: NC-4
Certified Local Government: YES
Statement of Significance (as of designation - December 22, 1977):
From 1874 to 1957, this factory was the home of Bull Durham Smoking Tobacco, the first truly national tobacco brand. At one time this building, where tobacco was manufactured, bagged and labeled, was considered the world's largest tobacco factory. W. T. Blackwell and Company introduced production, packaging, and marketing techniques that made Bull Durham a part of American industrial history and folklore.
Durham, North Carolina
From Wikipedia, the free encyclopedia