Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1918-11-26
RY rHEopoRr TInLER

in lifting the export license restric-
| tions on cotton is a vital piece or
news to the cotton-producing states
and will practically open the mar
kets of the world once more to the
south's staple crop.
For days southern members OF
congress have been bombarded by
kilograms asking that something be
done to save the falling cotton mar
! ket. Senator Hoke Smith, OF Geor-
| gia, for instance, has recently re-
ceived more kilograms and letters
| upon this subject than all others
| combined.
| the campaign which finally removed
| governmental hindrances affecting
! the sale of the South's cotton.
Georgia's senior senator Is en-
| titled to credit for the tireleSS hght
he led for an opening OF the COTTON
/ markets of the world. Even his po-
litical opponents in Washington and
/ elsewhere must concede that the
/ fight, which at first seemed an up
| hill struggle. has now proven sue
/ ceSsful. Already the market SHOWS
indications of steadying and better
! prices. -.
Two things have been IN the way
| of the cotton producer and seller.
! First, the activities of the War In
dustries Board, which early in sep
! tcnber indirectly threatened to fix
| cotton prices and stabilize" the
market. Second, the export license
| regulations of the trade board,
| created to control exports ana pre-
vent shipments reaching. our enemy
! countries. a.,
to cotton as we'll as other commodi-
ties and although there have been
| ships to move cotton to neutral anu
| co-belligerent countries, foreign ship
| ments have been almost at a stand
still.
Rwo weeks ago Senator Hoke Smith
called a conference of southern mem
| bers of congress to consider the
| cotton crisis. Since the original
price fixing hint of the War In
dustries Board the price of the staple
"" At Senator Smiths suggestion
| committees were named to present
| arguments to the president and the
! War Trade Board for a lifting -
embargo regulations. Prior to TINS
thority of the other body, the war
| Industries Board, to interfere in any
| way with the price of cotton, ana az
is significant tnat recently thaI
board definitely announced Ihat no
attempt would be maze 10 set col
ton prices.
| Tie war Industries Board also
back-peodIed on us announced Pr
! gram OIL buying through one agency
all the cotton needed by America
! co-belugerenJS in the war.
| With the War Industries Board
removed as an obstacle TO better cot
| ton prices, the GrlNe cenLefed on IhS
export license situation.
Charles j. Brand, chairman or the
| cotton distributing committee OIL
| the Industries Board, was invited
before a conference OF southern sen
ators by Senator Smith. He admit,
ted that foreign countries needed
at this time more than SIX 1nlIlIoli
| transmitted TO the White House ana
the War Trade Board.
! Senator Hoke Smith ar cared per-
sonally before the War Trade Board
and gave list of foreign countries
and their cotton requirements
amounting in all to nearly seven
million bales. He also demonstrated
that ships were available to carry
this cotton as fast as it can be
letter from Vance Mccormick,
chairman Of the War Trade Board. to
4 Chairman Brand, of the cotton dis
tribHtion committee, shows the ef-
cectivencsS OF the fight led by Sen
I ator Smith for the removal of re-
/ striction.
THO Mccormick Letter
This letter reads:
Dear Sir: We beg to acknowl-
edge recent Of your letters of No
vCnber &c and November 10, refer
ring 10 the expectation of cotton
We also confirm our underStahdlnG
Of the lamentations which We
have aGoDtci, agreed to at the con,
! terence vida your committee ana
Senato. E~i;r Smith yesterday even
Jag as follows: -.
I'VE are Withdrawing the regula-
Ltion recurring that for securing an
avport linpr-p Tho grade and staple
he snecif:cI. nd other requirements
which war0 "GCpted some weeks age
end pCblisrcd in the war Trade
! Roard regulation effective Octobht
Ia. We ere also Withdrawing the
rccuircmcEta for specific exports IL
censes to Great Britain, France
Gta'v. Belgi"m and Japan. -
IN regard to shipments of cotton
20 Srain we are withdrawlng th tt
which should be shipped to Spain
was limited ard allotted among. cur
v,riol.s ShiDncr5. We are advising
the representatives here of the Eu-
r0DC0u ncutral countries with which
thot they NAV nurchaso their entire
equal requirements. We have con-
Quilted with the representatives, OF
80 countries above mentioned. asso-
~'7+@d with US in the war 2nd nor
. v.itllSt?ndiro considerable inconve-
ri~pce IN administration is caused nv
cur acting quickly. we have re-
| cc'veG their heart cooperation.
While some restrictions must re-
main tennorarilv until actual peaHt
is brought about. the concessions
above granted. in the belief of Sen.
ator Smith and his colleagues. VIII
oDen up the markets. prevent the ac-
cumuIation Of a surplus in this coun'
try and maintain the price of cottnH
at figure that Will leave some
| n tho nrO6uCer.
Senator smiths estimate OF the
nresent foreign requirements whicE
estimate came from official sources
is thus given by him:
"InveStigat ton diSclOSes the fact
that JaDan can now take 2 million
bales of our cotton, and that they
, want it and need it. Spain can take
100000 bales. They want it; they
need it,
"France can use million bales
Icomes to market. This is agreeable
news, because IT has only recently
been learned on this side that about
half the cotton mills in northern
France and Alsace-Lorraine. suppos
| ed to have been wrecked, are still II
shane for immediate use. Italy
needs and will use coo, 0CO bales.
81 have Just stated that Franco
can use approximately million
bales. Great Britain used last year
1850. 900 bales. and is prepared this
year 20 tolla a.25O.OOO. Sweden wa.
allotted $1,000 bales for the year
, Sweden is asking for 100000 tales
; Holland was allotted none, and Den
, mark nono. Holland needs 100000
, ho'es and Denmark and Norway 100.
00n. This Years exports. if an on
= RieeS 2 Postpaid 80
4 =, complete With EHHNA