South Bend news-times. (South Bend, Ind.) 1913-1938, 1918-10-26
STOCK-RALSLNG
Cotton Committee
To Consider Price
And Distribution

The war Industries board in behalf
OF the cotton and cotton distribution
committees. selected by the war in
dustries board and approved by the
president, authorizes the following:
On Sept. il. the president issued
a statement in connection with the
present cotton situation TO the effect
that a committee would be appoint
ed to devise methods for ca broad
ening the channels OF distribution
and use OF the great stock OF low
grades now practically unmarked
able, (b) eliminating speculation and
boarding and (c) apportioning the
foreign orders; and that IL might be
a part OF this committees duty to
recommend basic prices on cotton.
and that If. after investigation. II
be found necessary a fair price
would be fixed
Members of Committee.
With the approval Of the presi-
dent. the following have been ap-
pointed members OF this committee,
which has been designated the cot
ton committee: Thomas w. Page,
vice chairman, United States tariff
commission, Washington. d. c,
chairman; from 1906 20 date. pro-
! lessor OF economies. University Of
/ Virginia: member OF the United
/ States tariff board, 1911 and 1912;
at present member OF the tariff COM
mission. w. r. Beattie, Greenville.
is. c., president Of the Piedmont
Manufacturing Co.. a large cotton
milling concern. and an executive
officer in a group Of other cotton
mills. r. L. Bennett. Paris, Tex.
cotton grower and seed breeder,
/ formerly connected with the agri-
cultural colleges Of Texas and Ar
/ kansas, Ward NJ. Burgess. Omaha,
Neb., a retail merchant connected
with the Burgess Nash department
store and z. NJ. Smith & CO. Of
Omaha Edward Farnum Greene,
Boston, Mass. a cotton spinner and
| former president of the National as
ISOLATION Of Cotton manufacturers;
at present treasurer OF the Pacific
Mills. ]. c. Redmon. st. Matthews
s c.. a cotton grower and member
Carolina. NJ. p. Sturdivant. Glen
dora, Miss, an active cotton grow
| er on a large scale, and the exc
cutive manager OF a cottonseed oil
mill owned and operated by plant
ers, 6 w. Weis. New Orleans, La.
a cotton factor and member Of the
firm Of Julius Weis & Co. one Of
| the oldest in the New Orleans cot
ton trade. d. S. Murph. depart
ment OF agricultural, secretary;
specialist IN cotton marketing and
warehousing in the bureau OF mar
kets
The president further stated that
! during investi cation by the cotton
| committee and in order TO avoid
| STARVATION n separate committee
would he set M with authority 10
buy cotton for the use Of the Unit
/ cd states government ard the allies.
AT prices to he approved by the
president with the approval OF the
president the following have been
/ arpointed members Of this commit
'ea. which has been designated the
/ committee on cotton distribution:
! Charles J. BRAND United States de-
partr1ent of agricultural. Washing
! ton, d. c.. chairman. Mr.. Brand
/ Nas been chief Of the bureau OF mar
kets Of the department OF agricul-
ture since It's esta blishment, end as
such Is in charge Of all Of the cot
ton handling and marketing activi-
ties OF the government. including
/ the enforcement Of the United
/ States cotton futures act. William
! T. Clayton. Houston. Tex. member
81 one OF the large and we'll known
cotton firms Of the southwest An
derson, CLAYTON & Co. which
operates extensively in Oklahoma
and Texas: 7. Temple Gwathmey.
New York City, member Of the firm
OF George II. McFa dden & Bro.
cotton merchants. engaged in the
conduct OF LARGE domestic and
foreign business with Headquarters
lat Philadelphia and New York city,
and with branches at many points
in the United States and at numer-
GUS points IN foreign countries: Ed
ward n Inman. Atlanta, Ca. Mr.
Inman was formerly a member OF
the we'll known firm Of cotton mer-
cha nts-Inman. Howard 81 Inman
OF Atlanta. but since the declara-
ton OF war he has severed his con-
nect'on with that firm and has been
active as a purcha sing agent for
the United States government
Messrs. Clayton, Gwathmey. and
Tnman are disassociating themselves
from their business and will remain
so disassociated as long as they con-
tinue IN the service OF the gov
eminent as members OF this com
mittee.
Resolution Adopted.
After full discussion. the cotton
committee unanimously passed the
following:
Resolved. That the commit
tee on Cotton Distribution be
authorized Immediately 10 allot
cotton as % quantity. and grade
TO all domestic and foreign
consumers. and that they also
be authorized 10 buy cotton II
and when necessary for the re-
quirements OF the United States
and allied governments.
fEasofvad fu~thar That the