The Montgomery advertiser., 1908-02-21
MEETING ADJoURNS
SOUTHERN COTTON ASSOCIATION
 CONCLUDES ITS LABoRs.
Among the Resolutions Adopted was One fer Ennctment of Laws sn All States Prohibiting
 Dealing ia Futures.

Dallas, Texas Feb 2o.--1he annual meeting of the Southern Cotton Asso- ciation which has been in session here fo1 the past two days. was brought to close late today after resolutions were adopted calling for the perfect ing of the Government cotton statis- ties making them more reliable; the exteading of the light against the boil weeyli now aer6sn the Mississippi Rsv- CT; the enactment of laws in all states prohibiting dealing in futures; the lprop0r p9otectin9 of cotton from wealth CT in all stages Of handling by com mon carriers: a 26 uer cent. reduction in ncreage if the prices. of the staple at piantlnE tlFne is iass than l6 cents for | rsadilx expenslse and cuntr4etfvs local currency and urging that spot EexehanHeS be enconraged.
 Ti1s cofiwention is concladinR fs- bus ineAs declared It's desire ef meeting Id AHRust instead of January or Febru- ary, and suggested Wilmington. N C., as the place. The time ana the place are left to tho executive committed but the convention offered thef suggestion upon invitation of GIG. Moore of wil- mingfon.
 At the mornlng session today the | EUE0AEt8 WGLG IJ.t M NtAIBlQn or A4Ou~ isfana, who condemned exchanges of every character; Charles c. Moore, of North Carolina. who urged the hold ing of cotton for IS cents, and Walter Clark of Clarksdaie, Afiss.. who dis- cussed diversification and the care of cotton. He advocated the enactment Of State laws requiring gins. congresses and railroads to Keep cotton under shelter. Exchanges as general rule. nc asserted. were as bad as bucket shops.
 Ats the afternoon session. discussion turned upon dealing in cotton futures and upon cooperation in the market ing of the cotton crop. Hatton W Sunmars. of Dallas. aud E. D. Smith of South Carolina. were the principal speakers Chas. IT. Jenkins of Brown wood. Texas. presented a plan of cot- ton certificates. such as were usually used in Brownwood during the financiaI furry The scheme was approved by the association in the resolutions adopted.
 The Executive Committee has made no report on nominstions, but indica- tions now point to the selection of Wal ter Clarke, Mississippi. As successcr 10 Harvie Jordan as President of the As- sociation.
 Tonight's session of the Executive COuAAiltNtCe aeNGtOpeu ldCtionAl ukuS that for a time threatened to seriously hamper the work of the Association.
 The matter was finally adjusted by the consent of Harvie Jordan to again take the presidency for another year.
 When the committee met tonight to select the president for the ensuing term two candidates were proposed. Walter Clark of Mississippi and D. D. smith of South Carolina. Tn resnond- ing to the speech placing his name fin nomination. MT. Clark declared that the fight of the Association had heen conducted against great odds. without the support of it's beneiciaries. and urged the temporary disbandment of the organization, He predicted cotton to go below g cents during the com- ing season and declared that the best interests of the organization would be conserved if 1t should temporarily go out of existence.
 Mir. CIarlS's remarks provoked heat ed discussion which lasted for several hours. Several speeches in like vein to that of Mir. Clark's followed, but the majority of the speakers declared that the South Is in better shape now than tion is in better position to accomplish its purposes. Mfr. Clarlx's friends were sufEicently numerous, however, to pre- vent the unanimous election of MT. Smith and J C. Hickey of Texas. who was nominated by Clark himself re- fused to stand for the nomination un- der any consideration. Finally the two opposing candidates withdrew in favor of Harvie Jordan. who had been nom- mated during the debate and he con- scented to serve for another year.