Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1915-12-06
BANKER HIRSCH
TELLS OF PLAN
MARKET COTTON
AT COTTON CONFERENCE OUTLINES
IDEAS TO OBTAIN BETTER PRICES
FOR SOUTHERN PRODUCT.
HOPES THAT CONFERENCE WILL
ADOPT PLAN FOR GRADUAL ABB
SORPTl0N REMAINING CROP.

New Orleans. La. Dee. Glow South
ern bankers plan ID secure better prices
for Southern cotton growers was outlined
here today ~ joe lIr~ch of Corpus
Christi. Texas, M the opening NJ the Cot
ton States Bankers conference for two
day session. Mr.. Iir-ch Nv chairman ut
the conference and president of the Texas
Bankers association.
Mr.. lIir~ch said he hoped that the con
ference would adopt measures tor thc
gradual absorption Of the remaining 1915
crop. IIe suggested that each state rep
resented immediately appoint committees
M warchou-ng and the construction wv
additional storage facilities intended not
only for storage WI next year. crop but
also tor scientific graduated scale fnr
clu-~ing 1916 cotton. strong central
committee, ne thought, should be- appointed
4" take charge NJ forming uniform mar
keting and warehouse law for con~idera-
tion VT thr several cotton states. NV
urged that joint action be- taken by the
State banking associations looking to what
h. called '',afe farming" ~ the basis uf
farm credit. IT. said he hoped that thr
convention viii prove one Of constructive
effort rather than merely for ~pecchmakIng
and oratorv
Referring to the Galveston conference w
September, Mr.. Illr~ch said that the re-n-
iutiun- adopted at thut meeting gave notice
1" the world that Southern bankers were
able financially and fully prepared ~ N
nance the 1915 croD. The publicity given
that conference, wv said. produced instant
effect. and to q large extent simulated the
market. materially assisting producers wv
obtaining fair prices for their cotton.
The program W che second conference
Of the cotton states bankers follows:
December g.
Meeting called to order by Chairman Joe
lIir~ch NJ Corpus Christi, president " ihr
Texas Bankers association
Addresses of welcome TN Mayor Bchr
man for the city and l.. NJ. Pool on behalf
vi New Orleans bankers
Report Of Secretary Morchead Wright
III Little Rock. New business and appoint
Paper by Edwin Hobby NJ Dallas. char
man Of the Fifth District Bankers a~-o-
citation. on 'Work MI Texas Bankrr- wv
Cotton Warehouse Construction"
Paper hy WI ~ n. Harding WI WAIST
ington. ID. G., member Of the federal re-.
serve board, on "PrOhlem- of the Coming
Year"
Recess for lunch
Addre~~ by Ernest W. Loeb. chairman nr
the board M cUmmi~ ~Sioner- MI thr port nf
New Orleans on "Concentration, STORAGE
and Distribution VI Cotton"
Address bv George II. Davis. engineer nf
New Orleans, on "Phy-icul characteristics
of Cotton Warehouses;
Trip of tug Sampson W inspect port
tacIllc~ and warehouses Of New Orleans
Address I'm Clarence Ou-lcy w CuIIr-r
Station. Texas. director Of extension Of the
N. a NJ. college of Texas.
December 7.
Meeting called to order wv Chairman
Iir~ch az 10 r. m
Ropurt- of committees
Addrc~- hy Dr. Bradford Knapp of rh.
nird Ntatc~ department WV a.rlcultur,
on -Safc Farming"
address I'm Joseph Cook WI Iattic-hnrr.
Mi~~.. president Of the state normal school
WI that city.