The Nevada County picayune. (Prescott, Ark.) 190?-current, 1911-11-03
Governors In Convention Saw
Product Should Be With
drawn.
RECOMMEND CROP REDUCTION
Reliable Statistics show oer.aat tsr
Cotton Is Good and That Staple
Should Bring Better Price,

Western Newspaper Union News Seryice
New Orleans.-Farmers OF In.
South must withhold from the mar
ket every remaining bale of the pres.
ent seasons crop of cotton and fol-
low this with a concerted and bindin.
agreement to reduce next seasons
cotton acreage at least % per cent
If they hope to restore the South's
great money staple to normal price
level and retrieve the losses sus-
taiued by reason of the present low
prices.
This is the plan which the confer.
ence of Southern governors adopted
at it's concluding session to secure
immediate relief from the depression
in the price of the staple.
AS a means of securing permanent
relief from such conditions and te|
guarantee the cotton farmer in the
future against the necessity of glut \
ting the market with his supplies at)
the opening of the season, the confer
ence adopted resolutions favoring thel
establishment in every cotton grow
ing state of state controlled ware1
houses and the collection and period
ical publication of statistics bearing
upon the worlds demand for con !
sumption of American cotton
The proposal of foreign banking inl
terests to finance holding move
ment covering 100000 bales of tn,
present crop was referred to spe
cial committee for future action.
IF the plans as outlined by tn,
conference are put into operatiol
without delay" said Governor O. n
Colquitt OF Texas, the father OF thu
conference, there is bound to be al
price of cotton. and traders in th
price of cotton, and tralers In th
speculative world will be put to rou
The statistics which we have con
piled. showing the worlds deman
for American cotton, prove beyond
doubt that every pound of this year
crop is worth Is cents or more-an
the battle is won II the Souths farm
ers will stand firm"
The recommendations of the co
ference follow:
I'VE earnestly recommend to Y
planters of the Southern states
follow the example of Louisiana al
so diversity their crops as to produ
everything necessary for consum
ton on the farm, and let cotton
the surplus crop, even II the quaint
raised shall be % per cent less TIL
the present, as then they will
just as much in return for much le
labor than this years crop will yld
at present prices. They will IN
soon free themselves from debt a
be in condition without any ftnanc
aid to sell their crops gradually
the demand shall exist, and not ma
TO market the work of year In
or 80 days, as they have been acc
toned to do.
1T is therefore earnestly reed
mended that the farmers of the sol
take appropriate action to Or
about such warehousing system
systems as will best serve the int
est of the producer OF cotton.
"In view of the apparent denia
for cotton during the next IL mont
we recommend that the unsold col.
of the present crop be withdra
from the market and disposed OF
system of gradual selling. we VI
banks and business men to cooper
I'VE report 20 the cotton farm
with farmers in this undertaking.
that tentative and attractive propp
tons have been made by RESPONSE
financial interests for purchas
some 1000 900 bales OF the pres
crop. The negotiation is referrea
committee.
Reduction of acreage In 1917
urged as necessary part OF any
OF holding and financing the proe
crop. We recommend. and lof
selves, agree. that the goVerho'
each cotton growing state proceeu
once to appoint Representative
each county, who in turn will appv
representative in each schooi
trict or voting precinct to 80.
from every farmer binding WIN
pledge to reduce his cotton acre
in 1912 25 per cent below his a''
in 1911"
Il was decided to hold in tue
ture, at the call of the chairman
ferences similar to the preseh'