The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1905-12-20
Cotton Convention at New Orleans.

New ORLEANS, December l9.-If the
plans of President Jordan OF the South
ern Cotton Association are fulfilled the
mass convention of the Association to
take place in New Orleans Thursday,
Friday and Saturday, January 1lth, 18th
and 18th. will be the occasion for one OF
the most striking celebrations in the
annals of the cotton industry ever held
in the South, for after a year OF unpre-
cedented and continuous victories tie
Southern cotton planters will meet for
the purpose O: more closely welding
their organization and to discuss and
decide upon important questions affect
ing the welfare of their industry.
ORGANIZED eleven months ago at New
Orleans by monster assembly of over
three thousand farmers, merchants and
bankers, the Southern Cotton Atsocla-
alton has proved itself a factor OF ma
tional and international power, and at
the January convention further steps
will be taken to insure to the farmers
still further advantages to which their
prsition entities them. "One Of the chief
features to be emphasized is the con-
tinued holding of the balance Of the un-
sold crop for higher prices so as to av-
eraee the present crop for as near twelve
cents as possible, and this can be done
only by selling at fifteen cents: writes
Mr.. Jordan. We must do this, and
we must discuss other matters OF great
importance under the following general
heads:
"The advisabllity OF speedily bring
ing about direct trade relations between
the spinners of the world and the cot
ton producers.
1.-The Importance OF extending the
work of the Association as rapidly as
possible throughout the cotton belt, so
as to make the work absolutely erect
i've
"The imperative need of securing
facilities for handling the crop in the
South, by the erection of standard built
warehouses where cotton may be
weighed and classified by expert man
ayers and the receipts underwritten so
as to make them negotiable in any hnan-
cial centre or where they can be ooug ht
by exporter or spinner and rendered
for delivery of cotton at such time as 1t
NAV be needed for consumption. In
this way the crop can be marketed
slowly and the supply regulated to meet
the legitimate demands OF splnners.
This plan would tend to at once limit
the range of speculation, avoiding the
present wide fluctuations that are lnju-
rious both to the producer and spinner
and place the future handling OF cotton
on a sound, safe and conservative basis.
"The securing from Congress of an
appropriation for the immediate pur-
pose of sending out properly selected
commissioners to foreign countries IN
the interest OF extending to such for
eien countries the use of American cot
ton and cotton goods. This believe to
be the true solution of the cotton prob
lem of the future. and in that way pro-
duction need not be retarded, but, on
the contrary, all the cotton we can pro-
duce may be consumed in the various
markets of the world.
"We must consider also at the New
Orleans convention the question OF I'M
migration and character Of Immigrants
desired in the South, as we'll as the
countries which would be most apt to
furnish the best class OF such desirable
immigrants.
sWe will discuss the bringing about
of closer relations between the farmer
and the banker, to the end that we may
as rapidly as possible be rid of the pres
ent iniouitous credit system and gradu-
ally induce our people to become depos-
itors rather than borrowers.