Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1906-01-18
C0TT0N-eRoWeRs IN COUNCIL
REDUCTION OF 10 PER IN ACRE.
AGE REcoMNENDED.
Firm Stand Taken for fs-c>nt Cotton
and an Effort 10 De Mad~ 20 In
crease Foreign Demand and
Open New Msrket.l

New Orleans. Iaa- ~ vs. . unaui-
uiosi- vote thu c0tfon a--ucistisn ssi,lpt-
ed the reFurt Of it. crmmitss,. ou huid.
ing. Recommending that the talsn.,- q
the erop Of Is.s-s h. held for y oeuts a
pound. \ Joint eommiliec II tS.nk~vs
and farmers FROM each state AMI tsrti-
tory i fo carry the plan into effect.
Incorporation with fhc gr0wers ~ Ia
Island cotton i. provisird for. b,ng
staple eo,i"n To ~ hcld at - cent-.
The questica Ut prrmsn~nt bad
quarters, ID. el@stion of offi.-ers aad the
props,>itiou Ia establish an orr's-iai us7.sl
~ill =. -.ttls-i by the executive cs.us-
mit,ee al il, s.=s-ion herc next we,.k.
The executive committee viii al-sar-
range to pat into effsr, the plan of hsi,i-
ing the remainder of the crop for Il
cents. II il directei to ~-,isrt ons rgp-
re>-ntative of the a>-sciation frvn each
state and territory. one banker fr,sn
each state and tsrritory and Ave cutton
men AZ large tn P.,rtsyt the toliov ing
plan;
The adoption of form of contract by
shich the farmer - cotton can d-f<-it
with hts banker the r'-'.ipt- or pledge,
Ia hold hi cvt,un for u eenis. the con-
tract to provide that the cottou cannos
b. sold foe les than fifteen c,-ut- basis
middiing at southern port>. except with
the eOu~snt II thu committee.
W. 4. Shinalt of Mississippi. chair
man of th. committse on acreage re
iuetion, reported. favoring the ~
iuetion Of serssage - per cent. of that
planted in ls.a. ~ there were planted
gs.s.,.sD scr-~ of cotton in laDs. this
would mean that the southern Cotton
Association il in favor ~ planting but
4.sa.t-o acres of clttou this year.
The report wa> unanimously adopted.
The csttou statistics committee.
through Chairman =. B Alfred. pre-
-ented a lengthy report. asking each
state TO prepare and perfect a careful
Statistics service
\ resolution by John ID. Walker was
adopted that all holders OF spot cotton
ne requested by the southern Cotton
Association To sign a binding pleigs. To
sell their cutton at Is cents pounsi il
through the efforts OF the as-ociation it
reaehe, that price-
Chairman ". ID. Nesbiit presented
the report % the committee On ware
house. II recommended the extension
and improvement Of the present ware
house system by imProvsng the physical
character and fire protecsion features
OF all warehouses, building of large
freprOot war-hous.-s in nco,nmerrrial Gen.
ters TO which Iocal warehouses NAV
b. tributary. and a design for a small
standard warehouse suited for railway
stations and small towns
The education Of the people in the
great advantages of the warehouse and
credit system based on warehouse rs-
reipts. are also recommended together
with encouragement by the officers OF
the association os warehouse buildin:
and 4 combination Of local warehouse.
eompanies, and formation Of grading
and guarantee company to issue uniform
guaranteed receipts on cotton in ware
houses that will adop, proper methods
and give proper security. The report
vas adopted.
Chairman W ID. Hammock presented
the report os the finance committee. Il
provided for dues ten cents per hale,
allowing twenty per cent to the national
fund. thirty per cent to the State fund,
and the remainder "a the county fund.
Chairman J. III. White presented the
report Of the committee on foreign
trade relations. It indorsed that made
by the standing committee. The latter,
signed By ex-senator McIaurin as
chairman. said the committee met Pres
idenf Roosevelt and cabinet officers in
Washington after the last convention
and explained to him the desire for a
commission to enlarge the cotton trade
in foreign countries.
The committee gave a long list of
commercial and other bodies which had
indorsed the proposed appointment of a
commission 10 90 abroad and submitted
resolution. which was adopted. in
dorsing the bills of senator Oyerman Of
North Carolina and Representative
Richar'i-ou of Alabama Congress was
asked for early and favorable action.
Harvie Jordan was reelected presi-
dent and Richard Cheatham was re-
elected secretary. +. II. Hyatt of Co
lambia, - G.. was elected treasurer and
George T. Jester OF Corsicana, Tex.
was chosen viee-president in place of
Mr. Peters of Texas.
The salary of the president was fixed
At 5000 n year. Secretary Cheatham's
salary was raised from ss.5oO TO 81. .60o
a year. The salary Of the treasurer
was fixed At $50 year, and the vice
president = to serve without salary.
The salary of the general financial
agent and organizer, +. ID. Smith. was
fixed at 5000 year.