The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-19
Federal and Exchange Officials
Working out Details Of
statute.
NEW vALORIZATION PLAN
Xiuc southern states to Be
asked ~ Issue Bonds for
S25O.O 600 900.

p ... 'roi01. south Carolina and
Gs.--.. '.''"! '"-"'F anu 70
..af-. '"'' '' 90 '"'"'''' "''
act Nin
- NH'. ".''''''Pp' anu '''"'S'an'
.ote ...'"- to-day 'h' proo'"E 10
ao--.F cast "'n"'' ,-
Tlr 'f...'" I.N''. party ,'"u"N '"-usy
7I '''.' over. p''''"P "'''e'e'
number '''""'' N'nuS
i.f '....' d. MS ."' ~ '"'"''H '""' b
r-o'''. POD. ,
- 'r
'... , .,,..
y 49,
''o' '' '''.'
mo
= ... t.-,..c nI ". NJ We'd. chair
.,... ...f.r.,., committee. which
.. .r.. .d.,,n. NJ IA, svndi.
......,, -, ,,
cate l''. '' ACCOMPLISHMENTS VI ~"
..sN 1870. ...l'. ana u was St''eu N'a'
..e amount ui work stl.l to be done pre-.
.4l. ,u.. r...tnrod % any statement
. ,c,. y,eE Nlbiic ,n.
uh'' -, ~.
reo3srs "' ''' ''''''''''''' "'>o s''u III
.l informal way 'dot progress was being
.Iis. 6 Is believed that TINS implies
fs-.y 'nJt there ar" strong hopes OF sub.
..CrE plan '11t wa receive general
..,p't..' ana meet Win SuHlCitht IMAM
&C. support 90 insure us ultimate sue
.,ss
Meantime tlr new cotton FUTURES law
, e1Eo-- * the attention OF the mem
'er, OF tn' ,Nghtugc. committee LETT
lr Washington Yesterday to consult with
re Secretary Of Agriculture regarding
.s-,sA ambiguous sections of the new
statute The committee. consisting OF
PRESIDENT o.. * zone, y. u. twatniney,
Ir, an Robert e. Cairns, was accompa-
i.I .. T. Arthur smith OF Liverpool.
,i- smith IS 9 member Of the conference
,uu.'t.. and In an unofficial capacity he
a3r,scu'- '1e Liverpool Cotton Associa-
. nj u.ri!tu.trIy for the purpose OF re-
sN.rl s0m, Information and giving some
r.. rrstrdIns the paragraph which vir-
,la"y place, a tax OF $40 per bale on all
riders sent to Liverpool by American OPP
.ratyr. Tire norton of the statute COW
ling this feature practically prohibits
.-,d.nr with any foreign exchange which
AS mo-, ldopted the provisions OF the
ever cotton futures law passed by Con-
.ress Al This session.
A. stated before. In this column the
members of tho Cotton Exchange are Civ
M the department of Agriculture all
,bs assistance IN their mower. The Gov
eminent officials evidently are having
.rouhl4s of their own in constituting the
s,,t - - a., -, =
,,rrrr a. in leave its meaning doubtful
%, several extremely important points
Straur. to saw. southern cotton men
are mon. uut,rokcn i'm their criticism OF
.'lrr-cs. for p,ssiry the Lever bin nj
,g.s iurrtur. than the Northern members
~ .ha exchange. They have taken the
lev that even II the law should prove
90 b, d good ono il naturally would in
.oI.e some radical changes. the execu-
ION OF which ut the present critical
No would merely add confusion to an
dread, chaotic situation
som, clements in the South evidently
srr not ..,tIs0ad with the work that IL
bling turc under the supervision OF
~,r.r'lr. McAdoo particularly in regard
'rs issuance of emergency currency
, Southern bankers. g. s. Barrett, pres
.u,n, ot ,u. Farmers Union. a day or two
-, .u ,u address to the cotton growers
NJ Georgia said. 81 want TO call your
attention most earnestly TO this situa-
.!on..-'n the failure of our Government to
give relief 20 cotton producers in their
extremity Time and again when Wall
street has been in trouble we have seen
he Secretary of the Treasury hasten TO