Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-09-24
STEP TO CONTROL
PRICE OF COTTON
Vice Chairman of Tariff Commits
sion Heads Committee
of Inquiry.
CENTRAL BUYING BOARD
Senators and Representatives of
Southern States Oppose All
Government Regulation.
CENTRAL BUYING BOARD
tBv Associated Press. !

WASHINGTON. September 23.-Firs,
steps looking toward the fixing OF
prices for Standard grades or raw
cotton were taken to-day by the gov
crnment in naming of TWO committees.
one to investigate the entire cotton
situation, and the other TO control,
during the period OF this inquiry, the
distribution of cotton by purchasing
all Of the staple needed by the Unitcu
States and the allies AT prices TO be
approved by the Presiden,.
Thomas w. Page, vicc-chairman OF
the tariff commission. WAS nance
chairman Of the committee of inquiry.
which is to hold hearings over the
cotton-growing States The otncr
members are: W. 4: Beattie. Green
VILE. S. G.. president or the i'iedmont
nett. Paris. Tex, cotton grower: Ware
NJ. Burgess, Omaha. Nep., retail mer-
chant: Edward Farnham Greene. Bos
ton, former president or the National
Association of Cotton Manufacturers
J. G. Redmon, st. Mathews. :. e.. cot
ton grower; M. r. Sturdivant, Glen
dora. Miss cotton grower. and ;. w.
WeiS. New Orleans, cotton factor. L..
: Murphy. of the Fcdcrai bureau or
Markets, will be secretary o. the COM
mittec.
purchase for the government and the
allies are: Charles !. Brand. OF the
Department of Agriculture. chairman;
William l.. Clayton. Houston. Ten.
ating in Texas and Okramoma; j. Icn-
pie Gwathmcy. OF New york. memoer
OF large cotton firm with branches
IN many cities: and Ecward II. lnman'
Atlanta Ga, former cotton merchant,
now acting as a purchasing agent ior
the government.
Before the War Industries Board
made public tho personnel OF the COM
,,itt and REPRESENTATIVES,
from the Southern coltonErowinS
states met with mcmbersi 4 the cot
ton states marketing boar'. to discuss
tho proposed price fixing. Inc confer
cnca adopted resolution setting forth
that il opposes price fixing in principle,
and appointed a committee to present
the facts to the government committee
of inquiry in an effort to convince them
that price fixing is not necessary.
WILL RETIRE FROM
PRIVATE BUSINESS INTERESTS
The War Industries Board announced
that William l.. Clayton, j. Temple
Gwathmcy and Edward VI. Inman Will
disaSsociatc themselves from their
business and will remain SO disa ssoci
ated as long as they continue In the
service OF the government as members
OF the committee on distribution of
cotton.
The committee OF inquir it was an
nounced. adopted this resolutions:
Resolved, That the committee on
cotton distribution be authorized i'm
mediately TO allot cotton AS TO quantity
and grade TO all domestic and foreign
consumers and that they 'also be au-
thorized 10 buy cotton. If and when
necessary. for the requirements of the
United States and allied governments.
Resolved. further, That the cotton
committee feels that this will have an
important effect in stabilizinE prices
but in the meantime-they will keep in
touch with the whole situation with
M n hn eff Of
action. and whether price e-fixing or any
other measure will be necessary"