The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-09-09

and demand and the most available
method of so, selling as to give the
greatest benefit to the producers and
holders of actual cotton.
consideration of all such matters
as will best enable the producer and
holder of cotton to so arrange the
financing Of same as to place monthly
supply on the market instead of the
bulk of the crop at one time.
arrangements whereby the pro-
ducer and owners of cotton may so
arrange their annual engagements as
to divide their obligations into pay
ments for pecunary aid, into monthly.
bi-mOnthly or quarterly payments eX-
tending through eight months, instead
of payments falling due inside of nine
ty days from commencement of annu-
al cotton season.
"Evolvement of plans looking to
better financial system of making,
gathering and marketing the annual
cotton crop, and for procuring the
means to grow such crop at lower
rates Of interest than now prevail"
To Develop The Cotton States.
Mr.. Martin, of Mississippi, offered =
resolution, which was finally adopted.
after an hours argument. 1t defined
the purposes of the Southern Cotton
Association, saying that the purposes
of the Association are founded and
have for their sole object the indus
trial development of the cotton States.
The resolution urged the union of all
Interests of every kind in the South
with a view to the attainment of it's
ends. and to bringing to bear every
possible agency to secure the purposes
related in the constitution of the AS
sociation.
The president of the association was
If f1nFN roc nI1
ton to every Senator and Representa-
tive in Congress
! President Jordan announced that
he had received a letter from 'Secre.
tary Metcalf saying that five repre-
sentatives had been sent to South
America, South Africa and other mar
kets with 4 view to widening the cot
ton market and that the government
is already acting, Notwithstanding
Congress has not made an appropria
ton. Secretary Metcalf is eXpending
$40, 900 on this work.
The Afternoon Session.
At the afternoon session a resOlu
ton which precipitated the commit
tee into heated discussion because
of its political feature, was killed
by vote of Z TO 6.
A Sweeping Resolution.
Inc 1OI4OWlnS resolution was ADOPT
ed unanimously:
"That it is of the utmost Importance
in aid of the industrial development
of the cotton growing States and Ter
rtOries. to secure, through the agency
of the National Government the fol-
lowing:
Increase and enlargement of
Southern ports, with a view to the
increase of maritime commerce which
MI CT with a1N1n Of In
Isthmian Canal. establishment of
docks in available Southern harbors
for Ship-building, ship repairs and
naval statiC-S, negotiations of just and
liberal treaties between the United
States, China, Japan and the entire
Eastern World, whereby American
commerce may be extended and wider
fields opened to the production of the
cotton growing States and Territories,
trade relations with Central and South
America, such as will draw to our
shores a larger part of their COM
merce, and open to the products of
the cotton growing States and Terri
tories new and more extended mar
kets. In view, therefore, of the fore
going, we earnestly request all Sena-
tors and representatives in Congress
to adopt and urge such policy and
measures as will attain ends sought
in the above resolution.
The President Commended.
"We hereby commend the broad
minded craftsmanship and compre-
hensive regard for the interests of the
cotton growing States and Territories,
so generally expressed by President
Theodore Roosevelt and promising to
a committee from this body to send
special message to Congress recon-
mending the formation of a commits
sion with liberal ppropriation-to
seek in the Eastern World such rela-
for raw and manufactured cot
ton. His position on this sub
ject reflect how faithfully he
looks to the we'll being of every
section of our cotton country, and
how quickly he grasps the saliant
points growing out of the great pro-
ducing power of our fields.
We earnestly urge the senators and |
representatives from our quarter to
give a vigorous and hearty support
to this measure, fraught as it is with |
so much of good for the cotton grow
ing States and territories.
Favor Publicity for Warehouse System
President Jordan during a recess, |
given this committee on address, stat
ed that he was daily in receipt of let |
terS from ginners, which indicated |
that ginnerS had the impression that |
the association was opposed to their |
making public the amount of cotton |
they ginned. President Jordan stated |
that the sentiment of the association
was unanimous in favoring the wild
est dissemination of these statistics
The committee on warehouses report
ed as follows:
GAS your committee realizes that
peoper warehouse system is to be
largely the final solution of the cotton
problem. we earnestly urge commu-
mites where cotton is shipped to CO.
operate in building warehouses for
the proper storage and fire protection
Of cotton, thereby not only guar9n-
teeing protection to the cotton but en-
abling the holder to recover losses
thereon. We are glad to report that
all parts of the South are erecting
Market Cotton Slowly.
Mr.. E. D. Smith offered the follow
ng resolution:
I'VE urge all members of the AS
to market their cotton even
1t the minimum price as slowly as
possible, Sc as to distribute the sale
,vo~ tho entire wear i'm nStpad of mar