The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-09-13
FIRST COTTON TO
Be SHOWN MONDAY
BALE BOUGHT nY RIcHMoND MAN
TO START MOVEMENT ON
WAY HERE.
MANY RI AV E BOUGHT
MOVEMENT TO EASE SITUATION IN !
TRADE BUREAU MEET
ING MONDAY.

Hearty support Is being given thu
'Buy-a- Bale-of- Cotton" movement by
the business men and other self-re-
liant, patriotic citizens OF Richmond.
and such action AS may be taken at
the meeting of the executive COM
mittee of the trade extension bureau
of tho Chamber of Commerce. Nom
day afternoon will be endorsed In sub
stantiai manner, Though the pro-
posed "Ruy-a- Bale-of- Cotton club
has not yet been organized. the move
ment has gained impetus among In
dividuals, who see in IL one of the
soundest business propositions pre-
sented In months, and more than
hundred halos II was stated yester-s
day afternoon. have already been
boiight.
The meeting Monday Will be at 4
o'clock in the rooms of the business
Mems club.
= Tine, sEas- hale ns cotton bought by,
Richmond citizen since the In
angurafion OF the movement Will be
received in this city within the next
two days and Monday. according tn
plans Of local cotton buying prornot a
ers. 1t will hc placed on exhibition
near the corner Of Tenth and Main
streets.
Womb Curtail 1915 Crop.
The meeting Monday viii have be-
fore it for its consideration several
plans for promoting the normal cir-.
cuIation OF money In the Southern
States during the present stringency,
due 10 the closing OF the usual cot
ton markets by the European war
These will be discussed and II Is prob
able THAI some action will be taken.
looking TO giving the cptton-grower
inducement TO curtail the 1915 crop.
The war situation. closing foreign
cotton markets, and making prices
on domestic markets tend toward q
low figure. for a time taxed the IN
genuity of the business man and cot.
ton grower, who are dependent upon
each other But some one proposed
that the South Is large enough and
great enough to take care OF its own.
and suggested that the cotton now
shut out OF mark cts be taken care Of
by those who can nnloose the prica5
of one or more bales.
+ The idea appeared to be q good oIrH.
Other suggestions came. Among
them were buy and wear cotton socks
rather than xilken hose, II necessary
and II products cannot be sold abroad
store them until markets reopen. I'M
the meantime permitting the farmer
to have the money necessary 10 meet
his obligations and to continue TO-
do business with the merchant.
Exchanging Views.
President Wilson was among the
early buyers OF cotton. After the
president bought Il bale. which ha
will hold until such time as he ran
realize on it.. others leading business
and professional men in many Of the
ssse4sat +tirnuHuz7
bought. Some cities. like Richmond,
contemplate the organization of BUY
a. Bale-of-Cotton" clubs, and these
like Richmond. are going ahead ana
buying even before organizations arc
perfected.
At this time Richmond men ara!
writing mon in other cities for data,
for methods of procedure, for such
information as will aid In the per-
fecting Of the movement. Other cities
are having sent out similar letters.
some of which have been received
here and a general exchange OF vtewe!
and of information is taking place.
The club will be organized Mpn-8
day In the meantime cotton will be-
bought by the bale and the grower OF
cotton Will receive the money 50
necessary at this time to continue his
work. The money Will reach the mer-s
chant. the jobber. the bank and the
sworkingInan. 1t viii circulate ana
business viii be healthy in spite of
the war