The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-01-06
PANIC
T0AG0ygRNME en-
uTloNf LAID ON d TABLE A b / !
Georgian Denies He IS Encir1yito,fi5i
cultural Department p. BIT tt h
q $sl .Criticises ItsSW ork.sa 4; IL
z ~ ,tfL }. q I. I. ). \! 4
fgpeoia1 to rife Times Dispatch.)

S As1lING =. o. y. an,iary 6.---'rh he
government cotton statistics, as y pre- pre-
pared By tho a grlcu!turAl Al DEPARTMENT ~
and Census Bureau, formed the subject ~ cot
of at, extended discussion iii the House,
to-day. In the course Of which iRepr pre- ~
tai Livingston. Of Georgia attack ttttlccs'-f
I'd tho reliability OF tho tgo yernrnent g es -
Inmates. ana char ged that the tin,c (: . 1
81 the figures had created 9 panic y g sirtstho
cotton market H88s Tho quest Ion v came n UP
on d mo ton by Nj /. tsYYort h.5 chair.
mar, 81 the Committed on Agriculture.
Is lay on the table tho resolution pre- pro-
scented by MI. Liv lngston several weeks s 3.
ago calling on the Secretary Of "a gric:ul--
ture Tor Information regard Ing the nett
Cd IA Of collecting cotton tat is TIC = ne
motor, to lay On the table prevailed AZ 4
ter NJ essrs. Burleson Texas, y ~ worth
IN wi Y ork) ], lowering tMassac htisetts) and
Sims tTennessee)s had defended the gov
ertment' 8 estimates 8{5s
MA Living torl's Speech. n
Ia criticisms tie acton az the commit
tee In ordering the resolution to- j eonethe
table, Mr.. livingston said that there va ul 3
nothing IN his resolution, which charged
dishonesty or falsehoods on u the part OF
the Agrl cultural Depnr tment, but he did
insist that there wa s. q ssat Y sfnc ion Il In
the South over the depnr tnent' 81 report
The ess Ut the South lie declared not
only was dlssatisfle led wi the colt esti-
mates OF the Agricultural Depn rtment. but
was determined, l 81 tho est Inmates wero
made on accurate information nd tcould
f1y4y1
months apart to demand u he al olltl0n
81 the statistical y vision of the depart
menE n 81 a
X Another cause forN dissati sfact ion, ho
said, was v tho II fact q TINT the department.
estimated the acrengef Of cotton last 4
moro than q millionS acres too much and
corrected the estimate iii oct ber. III q
Tie department t, Ns aid 81 that could
make a mistake Of one mi lionS acres In
the product Of GO ton In the n South In
ono season seems to & me & ou 81 & to give
1.-The country the mi formation upon which
lfsuch lnforn1atio WINS base
s The ina couracy OF The census and 10 grit
Ecultural figures, he II declared Il had pro-
Sduced d panic at q mos q unexpected time.
What the co ton prod ucers wanted, he
said, was first, accuracy, next frequency,
and then ability q Had lsthe Agricultural
Department made Its report III N oveniber,
The said. instead Of waiting from October
Ito Decembe Sd +, the pr Cd ucerS q nd spin
lsner would have been bel ter prepared TOR
Tits RECEIPT .on. N
That abstraction, II es asserted.s had
only been intensl fled BY the inning re-
Eport sof3 the Census Bureau compared with
1.-The report Of the 3AgricultnraisDepa rtlnent.
|EIf 4 the Agrlcult ural #Depar tment was right
EtheN gin $report : vas a million and a half
l5bales too much.@F 1fSthe' lcbnsis re bort wa q
fright, II was a illiony; and q half bales
too II oW. 3S He referred to q question put
to him by Score starry WI On Ss55..'.A re- you
! not All enemy or tho Agricultural Il De-
partnlen 81 a., wit Til emphasis THAT
Einstcad being ms he had I'D sly
sisted In its Great ling ston said
the az 5to Sdofe tile sdepa rtment was
tive session of the scomn,,t tee!
Mr.. " ndsWort TIL Ni gorous!Y asserted that
the object was ssolelSy to- keep confidential
inforina ton, VIII ich II - t5had gotten out
would have affected tile amar kot.S III s ssst
5s Mr. " wings ton. fter MISUNDERSTANDING
the "a ccuracy OF The Sgovernme Il 1 cotton
reports, declared that 4 It Il was the duty
OF q the House n to suggest q \; REVISION 81
the sources Of inf rmntio as we'll as to
adoptSh his resolution. II u Il
;.s35 Mr.. NYadswortlt said the committee
based y tsf report on tho methods employ
ed by the department In the gathering
OF statistics and upon the results obtain
ed. He blended Secretary Wilso Il, u and
said the Secro taryS did not attempt To. con-
ceal anything. 5s Az
Il Defended Committee. .$
M Speaking earncstlys,ih defense OF tho
committee MI, Burleson# (rexas) do 81
clnred that there had not been tho slight
est desire to smother thu resolution In
|.comm!ttc tee. 4gi II any lissa tisfactlon had
areason,8i 1t came from every Especulator$
land cotton gambler who was upon tho
I bull side Of the market, and every farmer
throughout the cotton region. who bad
'5lleld his cotton In anticipation OF .}a
higher price thereby. becoming a speol-#
|.lator himself "A; IIc defended the govern
mentS estimates, aud Yehomently declared
that ''nelthers the gentleman from q cor-
gia, nor any man can name one single
producer Of cot ton receiving the leglti-3
mate price q for his stapl e--that Isl. the
price fixed by the law OF supply and de-
mand, who Is making q complaint He
attacked the buck bishops, and said that
tho impression which had gone forth re-
gardlng cotton could DO countorncted by
tho producers; holding their co ton or. by
cutting down tho acreage next year. D He
reiterated Ills former statements uphold
Ing thu accuracy Of the governn cot
ton reports, s E5 u Fl IN AZ s5
Further dafense Of the governments
cotton est climates came from MI I covering
t1,t~ ,kr,stR fknxp