The Birmingham age-herald., 1914-10-16
WILSON OPPOSED
 ID LEGISLATION FORCOTTON RELIEF. Southern COngressmen Are Sharply Divided Over
 Federal Legislation
HARDING APPROVES
 THE BANKHEAD PLAN
Absolute Deadlock Develops and Ad- journment Seems Further Away Than Ever--Many Hold Bank
 head Plan Impracticable

vnshingtcr, October 15.--tspecinI) Lines today were drawn mighty tight between advocates Of cotton relief through federal legislation and sup porters of Senator BnnkhcSd's plan for relief through Legislation by tho cot ton states themselves The situation. briefly st>ted. h thiss
 President Wilson is firmly opposed to such legislation by Congress, and the treasury and the federal reserve board are in accord with his views. In this situ- ation w. P. G. Harding today indicated to the correspondent of The Age-Heraid his approval of the Baukhead plan. On the other hand. the members of both tho House and the Senate from the cotton states continue to demand legislation by Congress Even members from Alabama assert that the BanlShead plan is anso- lutev impracticable. and the members from all the cotton states VOW that legfs- lation will be attempted. despite tho cot ton pool suggested by Festus J. wade and indorsed by President Wilson. So. an absolute deadlock today developed. and prophets postponed the contemplated ad- iournment of Congress until lat least Oo- tober 2t"
 Harding's Idea
 That serious consideration of the Bank head plan by the Alabama legislature at this time would have tremendous moral effect was statement made by Mir.
 Harding to the correspondent of Tue rysl.o mt foII r. Harding's perusal of cablegram from Sir Charles w. Macare. president of the International Federation. which represents all the cotton spinners of the world. to Col. Robert M. Thompson of Now York. | another authority on cotton.
 The message was as follows;
 "Heartily support scheme for establish- merft cotton reserve which since war be- gan have been urging British and Ameri- can governments to take up. Scheme to be effective must embrace cotton crop of l the world, England being responsible for Indian and Egyptian crops. representing about one-third worlds crop and Amer lea two-thirds. England possesses 70 per cent of the cotton machinery af the world and America about 20 per cent. Both gov- errments are vitally interested in pre- venting further serious losses to growers. cotton merchants. spinners, manufaotus- | ers operatives and distributors of cotton | goods. Stable price of 9 cents would do l this. Cotton organization either national or international could not cope with stt-
 uation, which can only be dealt with by | cooperation of two governments named guaranteeing minimum price through ordi-
 nary commercial channels with restric- | tons as to maximum to guard against gambling. Such guarantee would prob ably result in confidence being restored l all around. which Is so urgently needed" Discuss Bankhead Plan l MT. Harding declined to discuss tho pos- sibility of the United States government
 cooperating with England in this mat ter.
 In discussing the BanlShead plan. Rep resentatives Burnett. Dent and Mulkey | said that even if the governor of Ala
 bama would call a special session the pro- l cedure necessary to enable bond issue
 would take 50 long that the benefit might
 be entirely lost Still commencement of l (Continued on Page Ten)