The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1913-07-17

marketing cotton lint in Egypt may
be studied with profit b. American
cotton producers, both by way OF
reaching to save waste and BY way OF
exhibiting the excessive charges of
middlemen, is the conclusion reach
ed by ]. S. Williams and Clarence
Ouslev. the subcommittee of. the
American commission to Investigate
and study agricultural credit and CO.
operation, whose report on their study
of the production and marketing OF
Egyptian cotton has just been pub
lished as a senate document. Egypt,
however, they found, can offer to the
United States no instruction what
ever in skill, science or other element
of economy or efficiency in cotton
production, nor does that country con-
stituta any menace Of over produc-
ton.
Summarizing their investigation
briefly, they say:
Egypt, with her 100000 to g.
100000 bales of cheaply produced,
but dearly sold cotton, admonishes
American growers to improve their
methods of cultivation and market
ing in order to reduce their cost of
production.
Cooperation in Egypt.
The proprietors of large Egyptian
estates, representing 77s to 10 per
cent of the crop, are in a position to
cooperate and render powerful aid
in maintaining fair prices for their
commodities and these prices will
tend to steady the prices of Ameri-
can cotton if our producers do not
commit the folly of producing more
than the world will take at profitable
values, and if the cotton states will
establish a system of state regu-
lated warehouses, which will enable
and secure cheap money upon ware
house receipts whereby they may sell
the crop gradually over period of
several months instead of forcing it
upon the market, as they do now,
within two or three months.
eth proprietors and the British
Egyptian department of agriculture
promise hearty cooperation in estab-
fishing a system of accurate reports
of cotton consumption.
A Vital Relation Exists,
Concluding, the subcommittee
states there is vital relation be-
tween Egyptian and American cotton
production, which should be culti-
waited in amity and mutually by
every possible official and co-opera-
tive endeavor. They state that the
result of their Investigation was
three-fold, and in each respect the
situation is we'll worth careful con-
sideration.
First, Egypt's cost of production in
the ratio to the value of her conl-
modify is much lower than Americas.
Secondly, Egypt's output varies but
little from year to year and is capable
of but slight expansion, and is, there
fore, a more or less fixed factor of
great economical potentiality.
Thirdly, an influential and predom-
mating group of large planters are in
cordial sympathy with Americas pur-
pose to establish a more intelligent
system of marketing.
eve have reason to hope that
Egypt will join in any effort the cot
ton states may initiate to establish
an interstate and international bu-
reau of cotton intelligence for the
promotion of more efficient produc-
ton and more economical marketing.
Bureau of Cotton Information.
''In this connection we earnestly
1CSOMlHCAO tAoI luC pi il1SAPe1A SolSOh
states of the Union create the Office
of cotton commissioner and that such
commissioners together constitute
themselves as bureau of cotton in
formation, with special reference to
consumption and the extended use of
cotton goods, and that other cotton
growing countries be invited to have
representation in such bureau to the
end that intelligent information may
be furnished the producers for their
guidance in adjusting supply to de-
mand, and that the demand for our
great staple product may be stimu-
lated. We are confident that such a
bureau would operate as practical
insurance against either over-pFoduc-
tion or under-production and yet pre-
vent abnormally high prices, to the
injury and hardship of consumers.
''Egypt's comparatively low cost of
production, Notwithstanding her anti