The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1911-11-01
REDUCTION
OF ACREAGE
ADVOCTED
Conference Of Governors
Makes Suggestion
Figures Submitted


New Orleans, Nov Farmers Of
the south must withhold from the
market every remaining bale OF che
present seasons crop OF cotton and
follow this with concerted and bind
ing agreement to reduce next seasons
cotton acreage at least 25 per cent. II
they wish 10 restore the south's great
money staple to a normal price level
and retrieve their losses sustained by
reason Of the present low prices.
This is the plan which the confer
ence Of southern governors adopted al
its concluding session Tuesday to Sc
cure immediate relief from the depres-
sion in the price OF the staple
As q means OF securing permanent
relief from such conditions and to
guarantee the farmers in the future
against the necessity Of Cutting the
market with his supply in the open
ing OF the season. the conference ad-
opted resolutions fayoring the estab-
Iishment in every cotton growing
state Of state controlled warehouses
and the collection and periodical pub
locations OF statistics bearing upon
the worlds demand for and tlIe con.
sumption of American cotton.
The proposal OF foreign banking Ia.
terests to finance holding movement
covering l2,oo0,ooO bales OF the pres
ent crop was referred to a special
committee for further action.
II the plans as outlined are put in.
to operation without delay, said Gov
ernor ColquItt. OF Texas. the father
or the conference. there Is bound 70
be an almost immediate increase in
the price Of cotton and traders in
the speculative world win be put to
ront The STATISTICS which we have
compiled showing the worlds demand
for American cotton. prove beyond
doubt that every pound OF this years
crop Is worth Is cents or more. The
battle is won IL the souths farmers
viii stand firm
At Tuesdays session Governor Col.
quit submitted statistics relating to
the worlds demands for American
cotton Of the present crop. The fig
ures on the demands Of the mills in
this country are based on last years
consumption The totals. compiled
show that the splndIes Of the world
win require a total Of i3.7ss.9l6 bales
Of the present American crop or ap-
proximately the same number Of
bales as shown by the governments
estimate OF this seaspn's CROP
Governor ColquItt called attention
to the fact that this Is the first time
in the history Of the country that
figures showing the demand for cot.
ton have ever been compiled and
presented for tho benefit Of the grow.
er. Except the governments estimate
Of 1880. 900 bales this seasons crop.
Governor Colquitt declared. that the
demonstration Of worldwide de-
mand for is.7s9.OOO bales proves con
clnsiveIy that cotton today is worth
thirteen cents pound or more. The
average price FOR last years crop was
1850 cents per pound.
with these figures before him"
said Governor Colquitt. "the farmer
should not hesitate to hold every re.
naming bale OF the present crop un.
I'll the spinner comes across with
what he considers remunsratlve
price. The figures we're compiled by
foreign representatives Of the United
States government from authentic
sources and are reliable. This fact
should give confidence to the banker
and business men Of the south and
cause them to lend every encourage.
ment 10 the farmer who shows a dis.
position to hold
rhn fie,,rae ,ra aa foliowes