Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1906-01-20
COTTON-GROWERS IN COUNCIL
REDUCTION OF 10 PER IN ACRE
AGE RECOMMENDED.
Firm Stand Taken for 15-Cent Cotton
and an Effort to De Made to In
crease Foreign Demand and
Open New Markets.

crease Foreign Demand and
Open New Markets.
New Orleans, Jan. lj,-By a unani-
nous vote the cotton association adopt
ed the report of its committee on hold
ing, recommending that the balance OF
the crop OF 1906 be held for 10 cents
pound, A joint committee of bankers
and farmers from each state and terri
tory is to carry the plan into effect
Cooperation with the growers OF Sea
Island cotton is provided for, long
staple cotton to be held at "a cents.
The question of permanent head
quarters, the election of officers and the
proposition to establish an official organ
will be settled by the executive COM
mittee at its session here next week,
The executive committee will also ar
range to put into effect the plan hold
ing the remainder of the crop for 10
cents. 1t is directed to select one rep
resentative of the association from each
state and territory, one banker from
each state and territory and five cotton
men at large to perfect the following
plan:
The adoption Of form OF contract by
which the farmer of cotton can deposit
with his banker the receipts or pledges
to hold his cotton for 10 cents, the con-
tract to provide that the cotton cannot
be sold for less than fifteen cents basis
middling at Southern ports, eXceptWlth
the consent of this committee.
w. p. Shinalt of Mississippi, chair
man of the committee on acreage re-
duction, reported, fayoring the re-
duction of acreage 25 per cent. OF that
planted in 1904. As there were planted
g.. 900, 600 acres of cotton in 1904, this
would mean that the Southern Cotton
Association is in favor of planting but
"a, 100000 acres of cotton this year.
The report was unanimously adopted.
The cotton statistics committee,
through Chairman E. b Alfred, pre-
sented a lengthy report, asking each
State to prepare and perfect careful
statistics service.
A resolution by John D. Walker was
adopted that all holders of spot cotton
be requested by the Southern Cotton
Association to sign binding pledge TO
sell their cotton at 10 cents a pound II
through the efforts of the association it
reaches that price.
Chairman w. D. Nesbitt presented
the report of the committee on ware
house. 1t recommended the extension
and improvement of the present ware
house system by improving the physical
character and fire protection features
of all warehouses, building of large
freproof warehouses in commercial CEN
ters to which local warehouses may
be 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 re-
ceipts, are also recommended together
with encouragement by the officers OF
the association of warehouse building
, and combination of local warehouse
companies, and formation of grading
and guarantee company toissue uniform
guaranteed receipts on cotton in ware
} houses that will adopt proper methods
= and give proper security. The report
was adopted.
= Chairman w. d. Hammock presented
a the report of the finance committee. Il
q provided for dues ten cents per bale
:. allowing twenty per cent to the nationa
: fund, thirty per cent to the State fund
= and the remainder to the county fund
a Chairman j. II. White presented tn,
= report of the committee on foreign
: trade relations. 1t indorsed that made
: by the standing committee, The latter
9 signed by ex-senator McLaurln a
Q chairman, said the committee met Pres
J. ident Roosevelt and cabinet officers II
e Washington after the last convention
8 and explained to him the desire for
q commission to enlarge the cotton trad
in foreign countries.
y The committee gave q long list o
q commercial and other bodies which ha'
n Endorsed the proposed appointment OF
o commission to 60 abroad and submitte
10 resolution, which was adopted, in
l. dorsing the bills of Senator Overman
8 North Carolina and Representativ
Richardson of Alabama. Congress wa
3 asked for early and favorable action.
D Harvie Jordan was reelected pres
,f dent and Richard Cheatham was IT
10 elected secretary. F. II, Hyatt of CO
10 lumbia, S. c., was elected treasurer an
d George r. Jester of Corsicana, Tex
d was chosen vice-president in place
lr Mr.. Peters of Texas.
The salary of the president was fxe
" at $4,000 a year. Secretary Cheatham
70 salary was raised from $500 to So, 6(
Il year. The salary of the treasure
o. was fixed at $500 year, and the vic
J. president is to serve without salary.
u The salary of the general financit
,t agent and organizer, f. D. Smith, WI
D. fixed at So, 900 year.
Texas Claims $500, 900.
" Austin, Tex, Jan. 16.-Adjutan
W General Hulen of the State of Tex
left here today for Washington, wit
70 " some 100000 worth of claims again
~ :, the Federal government. These claim
- represent frontier protection atforde
.. o. by Texas troops during the early da,
- Of Texas, and for which the Feder
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