Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-01


ence OF southern governors adopted
at It's concluding session today to Sc
cure Immediate relief from the de-
preston in the price Of the staple.
Tho Plan Favored.
As a means of saving himself from
such conditions and to guarantee cot
ton in the future against the necessity
of Cutting the market with his sup
plies In the opening of the season, the
conference adopted resolutions favor
ing producers in the cotton growing
states of the south to place their cot
ton within state warehouses, and Keep
entirely posted on publications that
will be listed Of Statistics bearing
upon the worlds demand for con-
sumption of American cotton. The
proposal OF foreign banking interests
to finance holding movement COW
.ering two million bales Of the present
crop was referred to special COM
mittee for future consideration.
Gov. COlquitt Elected.
1.-THE plans If put into operation
without delay" said Governor Col
quit, of Texas. the father Of the con-
ference, ARE bound to mean an al
most sure increase in the price of
cotton, and traders in the speculative
world will be put to rout. The sta
tistics which we have compiled, show
ing the worlds demand for American
cotton prove beyond doubt that every
pound of this years crop is worth 13
cents or more and the battle is won
IL the souths farmers will stand
firm"
The recommendation OF the con-
ference follow:
What Conference Recommends.
1--WE earnestly recommend to the
planters of the southern states to
follow the example of Louisiana and
so diversity their crops as to produce
everything necessary for consumption
on the farm, and let cotton be the
surplus crop, even if the quantity
raised shall be 25 per cent less than
the present. as then they will get just
as much in return for much less la
Dor than this years crop will yield
az present prices. They will then
soon free themselves from debt and
be In condition without any financial
aid to sell their crops gradually, as
the demand shall exist. and not mar
ket the work of a year in sixty or
ninety DAYS as they have been ac-
customed to do.
Congressman Asked 10 Aid.
I'VE call upon our representatives
In congress to have the present crop |
ta hp Gn anlnndpl a
report for periodical publication elap-
crate statistics of the cotton situa-
ton, manufacturing information
gathered from cotton consuming /
counties, and we recommend also, for
ourselves, agree that the commission
er of agriculture in the cotton states
gather and publish like information |
and We suggest to the legislatures of /
the cotton states that they make ade- !
auate appropriations to this end and |
enact uniform legislation enabling the
agricultural commissioners to act to-
gether and to constitute bureau OF
cotton manufacturing. trade and cot
ton consuming information to the
end that, with the estimates ct FRO
d,lction, which are now furnished by
the federal government, there may
also be estimates of demand and thus
put the planter in a position to fix a
fair price for his product.
Asks Bear Prosecution.
1.-THE members of the conference
have been reliably informed that bulls
on the cotton exchanges have been
Indicted in the United States circuit
court under the Sherman act for con-
spiracy to buy cotton and advance
the price, and If this be in accordance
with the provisions Of that act. then
we respectfully insist that the bear
IN the exchanges that conspire to sell
cotton. which they do not possess,
with a decline In prices for the pur-
poses of effecting a decline. be Hike
wise be prosecuted.
y Entures Not objectionable
IA fair and comprehensive system
OF futures trading f. accepted by the
commercial world as essential to the
power and advantageous movement
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