The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1914-09-09
Hold FOR z CENTS
SUMTER plan ADOPTED BY STATE
COTTON CONGRESS
ADVISES LEGISLATION

Plan = IS Hold One Third of Crop /
and Reduce Acreage of 1915 Fifty
Per Cent-Senator Smith Offers |
Resolution asking Congress to Re-
ducs Expense Of issuing CristeEey.
The cotton GeEference held in Col
unabsa Tuesday adopted resolutions
proposed by the Sumter delegation
to the effect that all cotton should be
held off the market until October /,
unless 12 cents per pound is obtained
for it that ena>thiEa Of this Years
crop shsald De held for one year if
necessary to secure II cents, that the
acreage in 1915 be reduced 60 per
cent of that planted IL 1914, that
canvass of etfy county in the State
to seizure signed pledges for such cot
ton acreage reduction be made at
once, and that the president snd sx-
ecutive committee nf tEs association
be enipnwsfsd to memorialize the
Governors of the nine principal cot
ton producing Stares to call their Leg
islature in extra session to enact the
necessary laws to carry out this plan.
Resolutions offered by w. D. Black
of Barnwell, providing that the cot
ton producers offer ia the FERTILIZER
companies as additional collateral
their cottnh for them to hold for II
cents a pound for one wear, if nee
essary, on the condition that the fer
tilizer companies rehew the farmers
notes for ens tsaer, that the fertilizer
companies sell only one-half as much
fertilizer next year as they did this
year, and that the cotton producers
offer to the banks sheif cotton as ad-
ditional sscarity for their debts, the
cotton to be based on the price of II
cents a pound and the banks to hold
it one year, if necessary, at that fig
| ure, were slse adopted. The idea is
that this *euid retire about 5000
900 bales and Keep it Off the market
| fss one year, and that the surplus Of
the cotton crop would be bought up
by the mills at IL cents. Giving
S,oo0,ooo bales tt bs disposed of in
this wss.
| United States Senator E. D. Smith
Iattended the conference and called at
tention to the present crisis and OF
the need of providing storage room
for the cotton, the Distribution Of
Government money through the
| the small banks In cooperation with
the larger banks to the small cotton
producers and the necessity Of ,legis-
lation to prevent a duplication of a
large cotton crop in 1915.
Senator Smith said he thought it
would be blessing to the South If
not a bale of cotton was planted IN
I1e15 and he heartily endorsed the
suggestion to prevent the planting Of
more than 50 per cent acreage .ano-
ther year by legislation.
! The Senator explained that the cry
ing need was to provide warehouse
facilities and he thought it would be
a good idea to memorable insurance
lcompanies to permit cotton to be stor-
ed on skids in suitable places under
!guard. The Senator explained the
plan to get Government aid through
| the banks to finance the crops, and
loffetad the fellswing resolution which
lhe promised to present to Congress
land which he thought could be pass
ed by that body:
| RESOLVED, That this meeting here
bv mem6riatize Congress to mater
Tally reduce the expense of issuing
currency under the Vreeland-Aldrich
| bill to the banks, provided the bene-
| fit thereby acruing be according to
the planters dealing with the banks
to the extend IT the reduction so
provided The resolution was a
| dooted unanimously with cheers.
| Senator Smith entered earnestly
Into the discussions and made it plain
THAT he was doing everything in his
power to get money for the, farmers.
"If / were Governor I would call the
lLegislature in extra session to-mor-
row." said the Senator, while the au-
dience applauded. Senator Smith
thinks the important thing is to pass
laws making it mandatory to reduce
cotton acreage at least so per cent
next year. W. F. Stevenson thought
such laws could be passed BY the Leg
islaturs under tie, p6liee power; and
set forth the position forcihly.
DR.. Wade Stackhouse, Of Dillon,
president: B. F. Taylor, of Columbia,
secretary; Commissioner E. J. Wat
son, T. B. Stackhouse, Senator j..
Arthur Banks, W. L. Gray, Of Laur-
ems, and r. 3: Belseri Of Sumter,
we're among those. who took promi-
nent parts in the discussion OF the
grave situation now facing the cot
ton interests of the South. It was
declared to canvass for members
among ali classes of citizens, the
membership to be 81, which would