The Montgomery advertiser., 1907-10-07
COTTON MEN ASSEMBLING Atlanta Ready for Big
 Conference. MANY FOREIGNERS PRESENT Governor Hoks Smith Will Wal
 come the Visitors. Many of the sDelesste. Are Opposed te The speculative Element And win Devise Means of Elimination.

Atlanta. Ga. Oct. 6.--Asseinbled
 in Atlanta tonight are 800 dei-
 crates to the International Con-
 ference of Cotton Growers ana
 Manufacturers. representing the industry of growing. spinning ana
 manufacture of cotton of the entire world. which meets tomorrow Tor 2 three days session.
 The object in coming together of in- terests whose aggregate products are valued at three billion dollars annual : ly. Is primarily economy, and to this end this worlds cotton congress was devised for conference of every de- partment of this vast industry, An- other object Is the organization of q permanent congress which shall meet annually, and attached to 1t depart ments for the dissemination Of infor- nation at all times. The leading men of International Cotton Spinners As- sociatiou of Europe, the Association or Cotton Manufacturers of the United States, the American Manufacturers Association, the Farmers Educational and Cooperative Union and the Southern Cotton Association are here.
 and collectively. their organisations constitute the International Confer ence. Many of these man are avowediy cp- posed to the speculative element which has Attached itself to the cotton in- dtastry and if the forthcoming com gress can do it. they say 1t will devise means to eliminate them. C. W: Nacara, Of Manchester, England, head of the great Zimmerman mills and nresid ant of the international Cotton Spinners Association of EurOpe. calls | the speculative end of the business q curse and hopes to see 1t eliminated. Speaking of the work of the congress and It's aims, Mir. Faeara admitted. with qualification. that European mills have 1 sold their product. an average Of nine montiis ahead on the basis Of raw cot tha presentmarket is under eleven cents. This he admitted is large l nsofits but he said is not excsssivs 4 when ft is considered there are years when snifis are operated at . loss,
 MT. MacarA said he hoped as g resuil of this and succeeuing congresses American cotton planters will learn | frat that they have growing comper- ton, and then that their future suprem. acy lies in economies of production; and unless they do, foreign consumption will decrease each year.
 He said the time when the grower will sell direct to the manufacturer ap' pears ramote, unless the growers can I so organize as to do tine work now done hY the legitimate maooiemah or OFo- kex. He Is a necessity under the 2rcs- enk system. N Of the total value of the last year { crop in this country. over seven nun- Edred million dollars, he said. specuia- tora and bucket shops got one hundred millions in charges anu commissions.
 The conference will be called to or der at 10 o'clock tomorrow morning by | chairman James R. McColl. of Provid- ence, R. l., of the American Associa- | ton of Cotton Manufacturcrs. The address of welcome wiii be delivered | by Governor Hoke Smith. Response will he delivered by c. w. Macara, o1 Manchester, England, wee president oi the International Conference. and pres ident of the International Cotton Sptn- ner'a Association of Europe. Other ad- dresses will be delivered by Herr Ar- | thur Kuffier. Vienna, Austria, and Will fam Hartshore. Lawrence, Mass. prest- dent of the American Association oi Cotton Manufacturers. The business of inc conference will begin Monday af- ternoon, with meetings of the various committees on sectionaa subjects. Re- ports of committees and discussions be- gin Tuesday morning.