The Montgomery advertiser., 1906-05-02
Representatives of All
 Branches Meet.
SESSION HELD IN WASHINGTON
Various Aspects of the Industry al@, Are Looked Into.
Production of the Raw Material, its Manufacture and it's sale--sympc- sium By Experts Now
 in Progress.

Washington May 1.-The first inter- national conference of Cotton Growers and Cotton Manufacturers began two days session here today.
 Represented at the conference was the American Cotton Association, the Cotton Manufacturers Association, the United States Census Bureau, the De- pertinent of Agriculture. the Southern Cotton Association, the National Asso" citation of Manufacturers (formerly the New England Cotton Manufacturers Association. the National Ginners' As- sociation, the New York and New Or leans Cotton Exchange, the Interna- tional Federation of Master Cotton spinners and Manufacturers' Associa- ton, and the Farmers Educational and Cooperative Union.
 < "A permanent organization was per- Y fected. the following officers being elected:
 President, James R. Maccoll. Presi- dent of the National Association of Cot ton Manufacturers; First vice-Presi- dent, Harvie Jordan, President of the Southern Cotton Association; Second Vice President, R. M. Miller, President of the American Manufacturers Cotton Association; Third Vice. President, H. M sMcAllister of the International Fed- era&ion; Secretaries. Richard Cheatham, C.sJ woodbury and c. B. Bryant
 President Maccoll opened the proceed ings by brief address, in which he expressed the view that the meeting would throw much light on the prob 1ems that confront the cotton industries in this countey and at the same time assist in better understanding of the representatives of several interests. Among the problems he enumerated the question of an ample supply of cotton for the worlds needs; the stability of price; speculation; the better handling of cotton: the accuracy of government crop reports.
 Low crice Not wanted.
 Mir. Maccoll did not believe that American manufacturers wanted to see a low priced cotton that was unprof- itabIe to the Southern growers whom he thought were entitled to a fair and ample profit At the ganie time. he felt mat economy should be pfacticed and Improvement made in the growing of cotton in order that the price might be reduced without reducing the mar gin of profit.
 On account of the established sys- tenn of trading in futures by optional contracts. MT. Maccoll declared that speculation had been injurious to the legitimate industries of cotton grow ing and manufacturing and he hoped the conference would suggest a way
 
 it might be the least hurtful He al- so expressed the hope in view of the wide differences of opinion regarding government cotton reports that the conference would be directed towards an accurate report that would be help full to the industry. a
 During the discussion which followed on the subject of cotton production, there was unanimity of opinion among the growers that there were no im- proved methods for the cultivation of cotton. Several of the Southern grow CTS made vigorous speeches in which the sentiment was expressed that unless the manufacturers and growers could get together on some basis which would give fair profit to both, the production of cotton in the South would be sti1l further reduced and the cotton held for an adequate price.
 Representative Livingston, of Geor- gia took exception to the opening re- marks of MT. Maccoll and said they were unfair to the growers of the South. If, he said. the manufacturers would explain what it costs to manu- facture and if they would say that there seemed to be comercial. fin ancial antagonism between the spin ner and producers, the growers would show their hands and tell within a farthing what 1t costs to make cotton. But" he said, T think it will be hard for you to pull that proposition out of this house now
 He declared that while the produc- ton of cotton had improved some, la bor is getting more scarce each year, The mills were taking the laborers away from the farms and the young negro doesn't go back to the farms
 We have a system of education down South" he said. that educates the negro away from the farm and not to the farm-Booker Washington he can. He Is having some success. but it is small compared to the great bulk of negroes who grow up and drift to the towns. cities and villages"
 Will Get Other LabOrers.
 After while, he said, the manufact- urers would get them all and then the South would get another class of la borers that would stick to the field. He declared that in the South, a labor CT could not be found who would use a gang blow and that there was not cotton picker in the world and there never would be.
 Addressing himself to the spinners. MT Livingston said that the growers were liberal to them. and if the Lord lets us live and gives us a little more time. we will hold cotton back until you want it and you will buy 1t at our hands The growers were embarrassed in raising cotton. he said. by this new wall Street system of slipping down south and buying large quantities of cotton and taking it to New York and holding 1t over the spot market and when friends of the South undertake to put the price up to a living figure they stick that cotton in your face and the spinners won't buy" As a remedy he suggested that every Leg islature in the South pass law pro- viding that Wall Street cannot do bus mess in the State
 E. D. Smith of Arkansas stated that the growers were organizing them selves to reduce the acreage simply in self protection Never again, he said, would they submit to the dictation of an absurd huctuation with the crop known at the caprice of half dozen gamblers. If the Southerit growers Sere not met on a fair basis he said, the Southern grower. with monopoly, is going to put the cotton in a South ern warehouse, put key on it, finance it with Southern money and demand