Daily press. [volume] (Newport News, Va.) 1896-current, 1907-10-08
MIDDLE nEH 10 Be ELIMINATED
Growers Strongly Advised to Handle
Their Own Productc-Govcrnor
Hokc Smith Welcomes Visitors to
ecorsla-Loss by Transpo tatIon
Furnishes Troublesome Problem.
(ny AssocIntcd pressl


gates present representing every
phase of tho cotton industry from the
time II leaves the planters hands to
the time tho product woven into
fabric is sent TO markets of the world.
and including representatives of many
foreign countries. tho International
conference of cotton spinncrs and
growers met ut the state capitol build
ing in this city today FOR three
days session.
More than 800 delegates wcro pres-
ont. nearly hundred OF these repre-,
scnting tho great mills of Germany,
Great Britain. France. Italy Spain
aud Portugal, with IN aggregate
wealth In farm lands. cotton crop and
mills OF nearly four tdllions OF dol
lars.
During tho session questions of the
greatest importance TO growers and
summers alike viii; bo taken mn. for
discussion and action. and 1t IA hoped
that this meeting win result Ia d
lbettcr understanding ibefwcen file
men who produce cotton and those
who weave the staple into fabric,
thereby preventing great losses to
5pinncrs by reason of poor methods
OF handling and shipping the raw pro.
duct.
lively fight for regulation of pro.
hibition of speculative dealing I'm cot
ton was also Indicated before tho com.
mittcc on buying and selling. whom
Congressman Heflir.' Of Alabama. An.
tyodnccd n resolution asking the cor
ference to memorabilia Congress- and
the British Parliament To stop spec,t-
la'lon In cotton except that actually
owned. But the fact that an investi-
gallon following n similar resolution
had resulted In a refusal by the British
lnwmnking body TO disturb oxistint,
conditions was Drought out, and n
favorable report by the subcommittee
TO which the matter was finally re,
ferred will undoubtedly he accompn.
MED by vigorous minority report
against any such action.
Do Away With Middle Man.
Governor Hokc Smith. OF Georgia
in his address of welcome To the dole.
gates. caused much applause by nd,
vocating the ginning. compressing
and lhling of the cotton on the plan.
tation and abollshing the manipuln
tion of the middlcman, and undorbt.
edly this feature of the cotton indus
try will receive much attention.
Tho morning session was taken IN
largely with addresses OF welcome
and responses and the appointment
of committees. In his opening ad.
dress Mr.. Macoli outlined the objects
OF the conference and made snggcs
lions for tho elimination of differences
between grower and spinner. ana
methods OF increasing tho value OF
the product of the grower He said
that the planter. If he wants TO sell
direct to the spinner, must in som.
way do the work of tho middIcmar
| and have the same financial rcspon
sibiity.
Mr.. Macoll requested earnest con
sideratlon of the question Of tradinI
in futures and speculation resiltine
thercfrom.
A Word From England.
c. w. Mcara, president of the Eng
! fish masters cotton spinners fedora
ton and voice president of the In
ternational conference. spoke lrienv
4 HhNili He AIlcTlcin COTTON crOI
PLAYS such an important part in The
supply of the worlds needs that opera
tons which affect 1t. practically af
feet more or less. the entire cottor
crop Of the world. and when con
sidcration is given to the coiossa
Dimensions of the worlds cotton crol
AMI to the fact that the raising o.
| reducing tho annual average price b,
illceitimatc speculation by even on,
cent pound represents $90.0008OO. [:
must be obvious that 1t is time SOM
determined effort was made to ri,
the Industry nj this serious and I'm
necessary burden.
Officers Reelected.
All officers of the conference wer
reelected.
This afternoon was devoted to CON
mltice meetings in all of which live
~ discussions were heard.
Loss in Transportation.
Chairman. Malister stated that tn
loss in transportation from imprope
lcompressing and baling Is estimate,
at over twenty million dollars an