Evening star., 1914-10-25
HOPES j. S. COTTON MEN
WILL ESCAPE BIG LOSS
English Trade Fears Higher Prices
if Planters Reduce Their
Acreage.
Of the Associated Press.

Correspondence Of the Associated Press
LONDON, October 12.-Discussing the
plight of American cotton growers. the
Cotton Factory Times, a prominent
English trade paper. says: 1T is to be
hoped that. for their sakes as we'll as
ours. the planters will get through
without serious loss. The call for cot
ton will come in due time, and it is
essential in the general interest that
it should then be forthcoming in sufti-
cient quantities, which could hardly be
the case If the growers were ruined
or very severely hit at the present
time
The World Record has prepared. a
table, based on figures of the Inter-
national Cotton Federation, which show
that about one-half of the cotton pro,
duced in America for the year ended
September l.. 1913, was used by the
countries now at war. Great Britain,
Germany, France, Austria. Russia, Bel
GUM and Japan are represented as
consuming 7,534,934 bales out of a total
gal, Holland. Sweden, Denmark and
Norway, which took 1,193,SS7 bales of
cotton in 1913, are also more or less
seriously affected by the war.
Spinners Disgruntled.
Cotton spinnerS at Manchester were
much disgruntled by the action of the
Federation of Master Cotton Sptnners
Association in running short time. For
a time serious labor troubles were
threatened. But conditions in the cot
ton market have now become so bad that
complete suspension of cotton manu-
featuring plants seems imminent uniess
the government finds some way to offer
relief.
Spinners are indignant over the con-
tinued closure of the Liverpool cotton
market, and have inspired efforts to e1-
feet direct business relations between
the growers and consumers oL eo.som ".ton
thus eliminating the Liverpool cotton
dealers.
prominent papers located in cotton
manufacturing centers. while ad-
hitting that such plan might be de-
sirable. say it would require long
time to handle cotton direct, because
of the great amount of machinery re-
quired to take care of 1t properly ana
the necessity for the careful grading
which Liverpool dealers have afforded.
Speaking of the proposed elimination
of Liverpool interests from the cotton
trade, the Cotton Factory Times says:
Cotton planters in America have al
ready considered the necessity OF pro-
tecting themselves against the Liver
pool interests, and it is reported that
they have decided that no cotton shall
be planted next year. This Is. of course,
meant as a warning that if their stocks
of materials are not taken OF their
hands now greatly enhanced price
will be charged for it later on.
Conditions Unsatisfactory.
Opinions may differ as to whether
some of the present dislocation of trade
could not be avoided. but it is daily
becoming more clear that there are too
many conflicting interests at work In
the business. which makes it very diff
cult for trade to move, and those in
terests seem bent on blaming each
other for some portion of the present
unsatisfactory situation"
Thomas Temperly Of Bolton. in a let
ter on the plight of the cotton trade.
charges that Liverpool cotton lords"
are supported by English banks in
keeping the Liverpool cotton market
closed and preventing mills from get
ting the supply of raw cotton they
need This is much the same position
taken by Gordon Harvey, member OF
parliament, who charged that Liver
pool interests maintain an art1hcfal
cotton market and even when the
Liverpool market is open do not per
NIT trading unless prices are In their
favor.
Direct importation of cotton to Man
chester by the manufacturers who re-
ouire it is urged by Mr.. Temperly.