The Lancaster news. [volume] (Lancaster, S.C.) 1905-current, 1914-09-29
TO HELP HANDLE
THE COTTON CROP
Commerce Commission to the
Rescue.
TO ARRANGE STORAGE.

Steps Taken Toward Provision for
Keeping of Surplus Stock
of Staple.
Washington, Sept 26.-Arrange-
ments were perfected today by the
interstate commerce commission in
connection with the treasury depart
ment and the fereral reserve board
to relieve the cotton storage situa-
ton in the South.
These branches of the govern
ment have Joined in assisting cotton
planters and railways of the South
in meeting the extraordinary demand
for the storage of cotton occasioned
by the Euopean war.
The commission, in an announce
ment of new tariff and transporta-
tion regulations made today, says
that for the purpose of providing
temporary warehousing space for the
storage of cotton, under arrange
ments approved by the secretary of
the treasury and the federal reserve
board; and for the purpose of
permitting the carriers to recognize
the warehouses as points for the stor-
age of cotton, in order that such
points should be given the benefit of
transit privileges, the interstate COM
merce commission has authorized
the carriers of the South to publish
and file tariffs establishing on their
r,1ln Oh
governing the storage of cotton dur
ing the cotton year ending August
81, 1915"
OF GREAT VALUE.
The regulations issued by the
commission are expected not only to
relieve the storage situation, but.
more important, the financial
situation which, to cotton planters.
has become serious on account of the
difficulty in marketing the cotton
crop. With warehouse receipts for
their cotton the planters will be able
TO realize at once upon it and then
may wait favorable time for for
warding the crop to final destination.
The expense of the shipments and
warehousing has been fixed at a
minimum.
Following are the commission :
regulations, which the railways are
authorized to put into effect imme-
d'ately upon filing of the necessary
tariffs:
l. Cotton shipped for warehousing
and reshipment must be consigned
to the warehousing point and
freight thereto paid on basis of the
full local rate, upon which the delive-
ring agent will give paid freight re-
ceipt, which the holder of the cotton
should retain for the purpose of Sc.
curing reshipping privilege.
MUST PROVE IDENTITY.
,. Upon reshipment from the
warehousing point the shipper will
be required to surrender to the agent
of the line bringing the cotton into
the warehousing point the paiC
freight bill covering that Identical
cotton. The number of bales, marks
and weights of cotton, as forwarded
from the warehousing point. must
conform TO the paid freight bill. and
in addition the shipper will be re.
quired to certify on the back of the
paid freight bill that the cotton ten
dered is the identical cotton receiv.
ed hereunder. The shipper will
also he reuuirad To SurreD3ar 10 H.,
railway agent at the time of reship-
ment the bill of lading covering the
movement of the cotton into the
warehousing point unless the bill
OF lading for such shipment shall
have been previously surrendered to
the railway.
3. Thereupon the agent will is
sue a through bill of lading to the
further final destination at the
through rate from the point of origin
to such further final destination in
effect at the time of the original
shipment into the warehousing point
plus cents per hundred pounds,
provided such further final destina-
tion is point to which there are es-
tablished through rates i'm effect
from the original point of shipment
via the warehousing point (provid-
ed, that at the option or any inter
ested line the minimum through
rate will be that from the ware
housing point plus the stoppage
oh .