The Montgomery advertiser., 1907-10-08
CONFERENCE
 IN SESSION.
(Continuea from Page one.)

Adt GAVu VI. AAG OnfLeu otdIcS W4S 0nA% herself is using annually h.0o0.0o0 bales out of . crop of iS.6oo.ooo. The and all this cotton has gone into con
 MT. Macar& said that it was taking too sanguine a view to assume that the progress of the next thirty years of past thirty, and that 1t was essen tial that we should encourage in every way the enterprise. and all who are cndeavoring to make provision for the ever-inc- easing demand for the raw material of an industry that plays so important par. in the clothing 0f the people of the world
 "Grear efforts have been made du- ring recent years to develop cotton growing in the colonies and dependen- cies of European nations and although am of the opinion that progress will be slow. there is little doubt that any attempt on the part of American growers to maintain prices at an ab- normally high level will have the eff feet of giving an increased stimulus to the efforts and progress may con- sequently be more rapid than In nor
 Tine last nour or the morning ses- sIon was devoted to brief taiks on the subject Of closer trade ieti ions. the growers and spinnors speak,ng aiter- hRtcty. S0u6TtS5hidh 4hOmdS Hefiin of Alabama, representing the growers, asserted that the specMa.or in cotton rutures Is responsiole Ter violations in the nla.ket and deS'ared It his intention to l1trod ice m the next session ot Eong:ess piij to regulate cotton rnd o:iier exchanges doing an interstate business. 10 pro- nipit gambling in -atnres. ccmpering dealers in exchanges In good raih 10
 
 agreed upon at the tune and place specined in the coptract
 lie also sad that ne would lntro- duce this in substance in the commit tee on Tracts or Colton Excnanges and make It the suDJect Of resoIu- ton to be sent to Congress and to the , British sarnament, <
 j. ii wyatt or south Caronna, TOT the growers, presented vice-Cnairman Macara with four open cotton polls or enormous size as an illustration of the results of cultivation, and to illustrate to European visitors that America can grow all the cotton TOT the worlos consumption.
 Herr Runner Of Austria LOOK the ground that if planters improve tneIr prooucet and save the wastes or com presston, pafelng and transportation, they VIII always receive amply re- numerative prices.
 Tnese remarks apparently renected tn sentiment of the other foreign dele- gates.
 All tn present omcers or the In.er- narfonal Conference Of cotton crow CTS ana ManuIacturers were renomi- mated.
 rnese omcers are:
 James H MacoiI, Hresloent, FrovI- dence, k. l.
 C.. W. MacCara, Vlce-fresIdent, Mancnester, hingland.
 |. Harvie Jordan, vice-President, At Ianta, Ga.
 $. B. Turner. vice-frssiaent. Hem rIetra, N. C.
 charles Barrer. vice-Presiuent At
 U. j., ii. woodbury, secretary, Bos- ton, Mass.
 rhese nominations were ratined py the conference.
 The afternoon was taken up with committee conferences in all of which lively discussions were heard.
 Congressman wHeflin, of Lafayette. Ala, introduced a resolution against future speculation in the committee on buying and selling. and asking the conference to memorialize Congress and the British Parliament to adopt measures to stop speculation in cotton except that actually owned. This res oluion brought forth strong opposition and heated debate. William Dodd, of England, announced that the British Parliament had been similarly memo rialized. which caused the Liverpool Cotton Exchange to be investigated and on the report of the committee re- fused to disturb the present system; and" he added, will not do so."
 B. H. Simmons, announcing himself as a farmer from North Carolina, op- posed the resolution. Mark R. Thomas, of Dallas, Texas, said to be interested in brokerage houses, made vigorous speech from the standpoint of man ufacturer. also in opposition. At this time the friends of the resolution were clamoring to be heard. but Chairman W. W. Welsh. of Mississippi, put an end to debate by referring the matter to a subcommittee with instructions to meet at 3 o'clock tomorrow. Indt- cations are that if the subcommittee reports favorably on the resolution, a minority report from members of tn" general convention will be submitted. Congressman Heflin, who Is a member of the subcommittee took no part in the debate today.
 The committee on contracts and cot ton exchanges, which was instructed to recommend a report on uniform classification and contracts of ex- changes, will recommend InrouBn Chairman H. w. Macalister, of Man chester, England. the adoption of stand ard types, either by the government or by an association of Delegates from the cotton exchanges, cotton growers and spinners and that the classifica- ton should be ma le upon grade and color alone. A uniform contract will he recommended, embodying standa I'd contract of 5O,000 pounds instead or 100 bales net weight; that actual tare be allowed and that tne matter of damp in cotton shoul1 be permanently regulated by uniform rules of the cot ton exchanges. Chairman Macalister made a statement that the loss in transportation from improper com pressing and baling Is estimated at over twenty million dollars annually on the cotton used by European sPinnerf.
 Faulty Ealing.
 At the meeting of the committee on growing and handling of cotton, l. Maxwell, of Louisiana, Chairman, in dis cussions of better cotton through seed selection, improving ginning and com pressing and uniformity of bales, brought out that the losses to foreign spinners from faulty bafing and dam age in transportation are so enormous that advance steps have been made by the spinners to increase the output oL foreign fields. to the jeopardy or the American export trade of raw cotton. As the foreign visitors told of their losses of years, the American growers were amazed. They were shown photo graphs of pyramids of American cotton on the piers at Liverpool, broken, soil ed and crushed The remedy, the for