Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1914-08-11
President Jordan An
nounces Meeting at New
Orleans Aug. q and %.
FINANCING TON
President Of Southern Cotton AssOcia.
ton Warns that Farmers, Merchants
and Bankers Must Work Together
Ii Market Is to BE Saved.

Atlanta, Ca, Aug. 10.-The Euro
pean war and it's effect on the cotton
market has prompted President Har-
vie Jordan of the Southern Cotton
association to issue the following call
for convention at New Orleans on
August 81 and %:
AS a result of the present conflict
between European countries, the
South faces a condition in the mar
keting of the cotton crop for 1914 UNI
precedented since the days of the
Civil war.
If there was ever time when the
united efforts of all the people was
imperatively demanded in common
cause to safeguard the great staple
crop of the South from impending
disaster, that time now confronts us.
kilograms and letters from farm
ers, bankers and merchants coming
in to me from every cotton state
during the past week, advising gen.
eral cotton conference is my author
ity for issuing this call.
The convention is therefore called
to be held in the, City of New Or
leans, La, on Thursday and Friday,
the 9th and 2Sth of August.
Delegations made up of farmers
merchants and bankers from every
cotton growing county in the South
should be quickly chosen and ar
engagements perfected to attend the
convention. All other allied interests
are also invited to be present.
The railways operating throughout
the cotton states, east and west of the
Mississippi river. have been requested
to grant the lowest possible round
trip fares for the occasion.
Prompt and effective action must be
taken to avert impending disaster.
Systematic plans must be devised
| for financing the crop through the
aid of the Federal government and
the cooperation of Southern banks.
/ Each county must arrange for unity
| of action in the issuance of ware
house receipts for all cotton stored
and held, so that the whole machinery
OF the system will apply systematical
| ly to the entire cotton belt.
If the present European war is
protracted the demand for American
cotton will be quite limited owing tC
the paralysis of the operation OF for
eign mills and inability to operate
ocean carrying vessels.
When peace is declared, a tremend
GUS demand for American cotton al
good prices will er/ue, but in the
meantime the crop must be held IN
storage and financed upon a scale
sufficiently liberal to enable the
growers to meet their maturing obi
cations and the various business in
dustries of the South dependent upor
cotton money, to go forward unham
pered and unrestricted.
| The date for the convention has
been fixed at the nearest possible time
Ito enable the people to get together
in their respective communities ant
select the delegates to represen
| them.
| The farmers, merchants and loca
bankers must cooperate effectively l
the market is to be saved and thu
crop safeguarded from slaughter.
| With an ever abiding faith IL
the loyalty and patriotism of thu
Southern people, and full confidence
in their ability to solve this problem
which now so vitality menaces thu
price of their great staple product
I issue the call for this convention
and sincerely trust that it may b.
largely and enthusiastically attend
ed.
(Signed) HARVIE JORDAN,
President Southern Cotton Associat'n