The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1917-11-06
COTTON SEED
HOARD|NC IS
HELD ILLEGAL
Special Order to Prevent
HOarding of Cotton Seed
Is Issued.
PERIOD OF HOLDING LIMITED
Food Administration Takes Up
Question of Cotton Seed with
Object to RegL'at'. middle
man" and Profits.
PERIOD OF HOLDING LIMITED

To check boarding and speculation
in cotton seed and cotton seed pro-
duets, which if continued would like
ly to cause distress in America and in
The allied countries, as well as hand
leap the production of muitions. spec
ial regulations will be issued by the
Food Administration governing gin
ners, seed buyers, crushers. mer-
chants, and refners, who are now be
ing placed under license.
The Food Administration hopes to
impress upon the millions engaged in
handling, and manufactur-
ing cottonseed products throughout
the whole country that it is their patri
otic duty to place their products upon
the market as rapidly as is needed
and to eliminate wasteful methods
which reduce the amount availabl
for consumption
The chief object of the regulations
are to protect The producers by con
trolling the various factors who han
die the cotton seed on its way to the
consumer, and to see that at no step
in the process does anyone receive
more than reasonable profit.
The rules will provide that license
acting as a merchant or seed buyer
shall not keep on hand for a period
longer than 60 days any quantity Of
cotton seed exceeding 20 tons.
A crusher of cotton seed will not
be permitted to have on hand or un-
der contract any greater quantity OF
cotton seed than is equal to his nor
NAL crush for 60 days, nor to hold
any cotton seed for a longer period
than 60 days except during the peri
or of actual operation of his mill
Crushers will not be permitted %
hoard any oils for a period longer
than 60 days or ITO have on hand at
any time a quantity of oil exceeding
the production for 80 days
Dealers in cotton seed meal and
cake will not be allowed to have any
contract for shipment or delivery
more than 60 days from date of CON
tract.
A general provision is that no Ii
censees shall have on hand or under
contract any cotton seed or cotton
seed products in excess of the rea
sonable requirements of his business
for reaonable time.
The profit on any sale of cotton
seed, cottonseed oil, meal, or cake IS
to be determined not by the market
or replacement value at the time of
the sale, but is to be no more than
reasonable advance over the cost and
expense of doing business. Thus
nothing can be gained by holding the
product foI higher prices after il
leaves the producer.
The Food Administration is hope
full of receiving the cooperation OF
those engaged in handling cotton seed
in enforcing its regulations prohibit
ing such wastefui methods as mixing
dirt and trash in the seed, storing the
seed in such places that it may be-
come damaged by water or otherwise
storing in such volume as may re-
suit in heating or spelling, and selling
the seed for cattle or fertilizer, there
by losing the oil as human food.
1t is to the best interest OF the
country at large that the seed should
be crushed as rapidly as the MANI:
featuring capacity of the business can
take care of it and the oil promptly
shipped 10 the refiners, where it will
be refined before it has time to de-
teriorate.
The Food Administration has an
ounced that although the license went
into effect Nov. 1 those who have
made application for licenses but who
have not yet received the actual doc
uments will be permitted to continue
business, provided they do not violate
the food control act passed by Con
gress August 10.
Licenses are granted free of chage
upon application to the Food Admin
istration All who continue in the
business of handling cottonseed pro-
ducts without applying for license
will do so in violation of the law