The daily times. [volume] (Wilson, N.C.) 1902-1936, 1918-10-24
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FIXING LIKELY
The Use of Lower Grades Will
Automatically Regulate
the Industry
OPPOSITION TO PLAN

Washington, Oct. 24.-That the
use of lower grades would of itself
automatically regulate the cotton in
dustry and that price fixing would
not have tobe resorted was the ex-
pressed view of Barney NJ Baruch,
chairman of the War Industries
Board, at conference with newspa-
per correspondents yesterday.
THE entire subject is undergoing
a thorough, scientific investigation, y
he said. In the meantime the val
ue of The cotton supply has been
enormously increased through the
use of the lower grade cotton, which
is thus given a distribution practi-
cally as wlde as the high grade pro-
duct The non-utilization of low
grades of lint in government con-
tracts has been the basis for con-
lstant complaint from North Caroli-
ma cotton growers, and the state
ment of the chairman OF the War
Industries Board will be heartily
welcomed.
-Four important matters were
emphasized yesterday by Mr.. Baruch
at his regular weekly conferenc.
with the newspaper correspondents.
They were: GD The influence OF
peace discussion on war produc-
tion; (2), the project to establish
an international commission on pur-
chase and allocatoin Of hides, which
is to sit in Washington; (3), the
steps being taken toregulate the cot.
ton supply through the substitutes Of
lower grades and the matter of fix
ing prices on the raw staple; and
%, consideration by the War In
dustries Board of the regulation OF
prices on clothing.
Regarding the subject of peace
discussion, Chairman Baruch said:
America is just approaching her
peak in quantity production and de-
livery for her armies. She neeGs
every effort to reach the crest. This
IS no time to let thoughts of peace
interfere with work of war. To do
so would be to damagingly affect
her industrial morale with immedi-
ate reactions on her military
strength.
THE matter of peace may be left
to the President The matter of war
is the duty of all. Peace talk is af-
fecting our output and making diff
cult diversion of labor from non
war industries. AS long as we are
at war, we must think war, talk war
and make war"
Mr.. Baruch announced that in fur
therance of economic and Industrial
Capitalization in handling interna-
tional commodities, the hide exec
utive committee, to control and allo-
cate all hide purchases, has been
projected. II formed, and it is rea-
!sonably certain it will be, the execu-
tive committee will sit in Washing
ton. Included on the committee will
be representatives of all the Allies,
and probably Japan. The complete
plans have not yet been formulated.
They are being worked out now. c..
F. c. Stout, Chief of the Hide, Lea
ther and Tanning Material Section,
will work with the executive COM
mittee. Mr.. Baruch made it plain
that the committee is to function on
ly for the period Of thewar. Steps
will betaken in connection with the
pooling agreement, which has not
been compelled to insure an ade-
quate supply for American import
ers. Under the pooling arrange
ment each of the allied countries
will contract for itself, itbeing the
function of the committee to allo-
cate the supply.
With respect to the matter of fix
ing prices on other articles Of wear
ing apparel, besides shoes, Mr.. Ba-
ruch explained that recently he has
been in conference with representa-
tives of the various retail associa-
tions on the whole subject of cloth
ing. The problem he had turned ov-
er to these representatives as one
for them to work out themselves and
they had gone home to work it out.
Their attitude, he said. was one of
earnest cooperation. When an au
equate and acceptable set of recon.
mendations has been received from
jthe retailers, Mr.. Baruch will then