The Birmingham age-herald., 1914-11-22
DECREASE IN COTTON ACREAGE IS URGED Will Go Far Toward Solving Present Condition  CROP DIVERSIFICATION Sentiment Develops Over State in Favor of Radical Change
 In Agricultural
 Pursuits
CROP DIVERSIFICATION

Montgomery November n.--tspeoinl) Sentiment In favor of two import ant propositions seem to be rapidly which are confronting tho cotton grow crystziiiising In tho minds of those who are deeply concerned In the problems winch arc confronting tho cotton grow ing states, Following the action of the bnnkere' convention held In Montsom- ery on Tuesday, the t7th Instant, Hon. William c. MeAdoo, Secretary ef the Treesury, gave out q statement te the pross on Friday, the 1hth Instant, which is in accord with tho action of the Alabama bankers on the 47th, Mf. Mo- Adoo points out that it is H most ep- perfume time for the farmers of the south to wake Up to the importance of crop divorsif,oation with an asspr- ance of certain profit to themselves He points out that not only will erep diversification help tho prosperity ef the south. but the mere assurance of a large decrease in the cotton crop of next year will tmm edluteiy enhance the value of the present crop. The important part which the bankers can play in this movement is also com mented on by Mir. MoAdoo, who seyr; The bankers also have an exception- al opportunity to aid in this commend able work. They can in lnrge measure, influence the character of crops by imposing proper conditions upon the advances they may make to tho farm CTS" The position taken thus by Mir McAdoo will have a far reaching ef- ha nf fht~ 1,n0u rnent in the south movement which seems to have been wisely inaugur- cted by the bankers of Alabama. It means that MT. McAdoo will encour- age and indorse the action of national banks, who may undertake to aid the farmer in crop diversification and who will also insist upon cotton reduction before credit Is extended to the cot ton producer.
 Letter to McAdoo
 Realizing the importance of carry ing out the wishes of the bankers of Alabama. as expressed in their reso- lutions on the 17th, and also realizing the value of having the cooperation and assistance of MT. McAdoo in this work, the Hon. A. K. Walker, super intendent of banks. has addressed the following letter to MT. McAdoo;
 November 19 1914. lion. William G. McAGoo. Secretary of
 the Treasury, Washington, D. C.:
 Dear Sir---I am taking the liberty of enclosing copies of resolutions which were passed by the convention or mass meeting of the bankers of Alabama, buth state and national, on the 7th day Of November.
 The holding of this convention wa' suggested by me and the resolutions adopted by the convention are so much in harmony with your views as ex- pressed through the press thls morn Ing that I cannot help but feel grat- if.ed that the Alabams bankers have taken very decisive steps looking to- ward the carrying out of your views upon the subject of crop diversift1ation in the southern states. The resolution adopted for the curtailment of the cot ton crop is far reaching and quite dras tlc It shall be my effort to secure CO., operation of the banking departments of the other cotton states and write 10 request that as far as possible your department cooperate with the bank ing departments of the various cotton states so that We may bring about a concert of action in the matter of cot ton reduction as well as crop diversi- fcation.
 ton in each county that will be under taken by the agricultural committee of tho Alabama Bankers association will result to my mind, in great good. l believe that they intend to carry out