The courier-index., 1918-10-25


earth would undertake to say had
any excuse for its existence except to
keep cotton products from coming
into competition with dairy products
of another section.
Again, the food administration last
year fixed the price of cotton seed,
that is grown exclusively in our Sec
ton Cotton seed was then selling
for more than $50 a ton when the
price was fixed. | know it, because
am a grower of cotton and | had
sold cotton seed at that. 1t was
then selling for more than $50 ton;
but, as ! say, the food administration
fixed our cotton seed price at $50
a ton.
The food administrator, | repeat,
fixed the price of cotton seed at $50
a ton. Cotton seed was selling at
$50 a ton or more then, and it was
at the opening of the season The
cotton seed goes up in value as the
season goes on, because the seed
becomes drier. Last years crop
was the second shortest this country
ever produced. 1t is fair to say that
at the time the food administration
fixed the price of cotton seed at $50
it was worth in my section 500
ton. | paid $100 ton for cotton
seed in the past spring to plant.
There was a loss to the cotton
grower of at least $40 ton. Ordi-
narily you get halfa ton of cotton
seed out of bale of cotton weighing
500 pounds There was loss in the
value of cotton seed to the extent
$40 a bale. That $50 was taken
out of the value of every bale or
cotton that the cotton people of the
south grew on account of the fixing
of the price on cotton seed and when
YOU stop to consider that that repre-
sents a loss of $40 per bale OF prac-
tically the only crop grown by the
majority of the people of our part OF
the country. you will see what an en-
ormous toll 1t took from the product
of the people living in the south ana
it was given to the people of all the
country as a food product.
We are not complaining about It,
The price of cotton seed has again
been fixed at from SCI to $72 a ton.
II il were not for that price fixed
nv the government cotton seed would
bring what paid for it myself last
spring. 500 a ton. Still | have yet
m have the first man from my Sec
ton write me letter complaining
of this burden. The people OF the
south are willing to make this sacr1-
flee to help win this war, and the
gentleman from Pennsylvania INT
Moore) to the contrary notwithstand-
ing. they are not shirkers, CONSIDER
ing the amount of money that they
have make the assertion that they
have bought more liberty bonds ana
more war savings stamps and nave
made a fairer return on their income
taxes than some men VINO hve III
other states, because the records OF
tho treasury will disclose that those
men have had their accounts recast
for them, and one concern IN the
yantIeman's state was short In its
accounts to the government, as | re-
call. more than s20,OO0,OOO. TAP
plause.)
Mr. YOUNG Of Texas. Mr.. Chair
man. will the gentleman yield!
Mr.. CARAWAY. Yes.
Mr.. YOUNG of Texas. AS TO liking
the price of linters, out of which ex-
nlosiyes are made. linters were sell
ing at 8 cents pound and when tney
made the contract with Dupont tney
reduced the price and fixed It az
4.67 a pound. 49,
Mr. CARAWAY. Yes. Ana tne
committee appointed by the admins.
tration to agree with the spinners OF
cotton on a price for the finisneu
product recently came to an agree.
ment and either the effect OF tnst
agreement or the threat made Dy
gentlemen on this floor 10 Tx inc
fcontinued on Page 81