New-York tribune., 1919-10-16
World League of
Cotton Interests
Urged by Banker
Federation Would Aid Both
Producer and Consumer.
Bullard Asserts; Says Sta
tistical System Is Needed

x
OF cotton nations was advocated here
to-day by ". Irving Bullard. of the
Merchants National Bank of Boston.
speaking to the world cotton confer
ence.
Urging the necessity of world cot
ton federation, Mr.. Bullard declared
mat the worlds need of harmony and
understanding was no less economic
than as an insurance Of political peace
AID progress. The need cries aloud
over warshaken world, he said, for
spirit of cooperation and mutual SER
vice in cotton.
Americas task and problem. the
speaker pointed out. is primarily the
raising of cotton. The spinning Of cot
ton concerns such nation as England,
but the world supply of cotton, Of
machinery, OF yarns and fabrics is
world affair By world federation
benefits would result to both the CON
sumer and the producer.
Although the peace treaty safeguards
the Allies from German control Of
aniline dyes still the fear of German
domination IN the field remains and
the need Of a. federation is here aD-
parent, he asserted. Individual credit
standings III all countries could be
kept track of by federation acting as
a general servant and safeguard
Could Better Handling
world federation could do much 70
better the international handling Of
cotton, he continued Better ware
houses could be provided, transporta-
tion facilitated and, by co0rdlnated
system regulating the flow of cotton,
warehouse receipts would be much
stronger collateral
All the continued help that science
can give is needed by the cotton indus
try, Mr.. Bulard said. BY means Of d
federation the progress made in every
country would be at the service OF
each one. Commercial intelligence
could be raised to higher degree Of
efficiency by utilizing the various corr
sular services, departments OF com
merce and trade commissions.
Need of common watchfulness or de-
ferse Of common interests against poll
cies or agitations may arise at any
time, the speaker concluded, and while
the men of the cotton world join in
wanting justice and equity there may
be need to guard against economic in
Justice. Here, he said, is where cotton
can do its part toward the federation
Of the world and the brotherhood of
man.
Creation of a competent statistical
system to furnish accurate information
on the cotton industry of the world was
urged here by O. P. Austin, statistician
of the National City Bank. of New
York
While $4,000, 100000 of invested
capital is represented in the world crop
Of cotton, yet Mr.. Austin declared only
fragmentary information is obtalnaole
Of this enormous lnNuStrV
Despite recent improvements, govern
ment statistics arc far from satisfac-
tory, Mr. Austin claimed, as the United
States in common with Great Britain
state their cotton and imports of cotton
goods in yards and values, while The
reports of continental Europe show the
we ght alone. Bales OF raw cotton in
the different countries represent war;
Gus weights from 100 pounds up to $50
pounds.
In order that the cotton reports of
the world may be supplied with ac-
curacy and promptness, an nterna-
tlonal organization with branches
throughout the world should be estab-
lished, Mr.. Austin said. Conducted by
competent men such an organization by
the use of the telegraph and cables
could issue statements periodically
covering the world crop al every step
from the planting until the finished
product is in the hands Of the CON
sumer.
To-day's session dsalt principally
+. Kent Swift, of the Within Machine
Works, Whitinsville, Mass, in dis
cussing the textile machinery require
ments Of the Immediate future. said
that manufacturers could not expect
to increase speed and production with
shorter hours Of labor, and consequent-
ly spindleage would be reduced in pro-
portion to the reduction Of hours, or
J21a per cent Of the present spin
deage OF 10000 900 in this country,
This losss needs 10 cause lapse Of eff
aciency. but\this IN time Will correct
itself For the next decade the world
VIII be short Of splndleage capacity.
and based on prewar conditions 1t
viii be hard to fl the demand The
automobile industry takes large guam
titles of cotton. Mr.. Swift stated
that the cotton industry in his opin-
ion faces great activity and perity.
Sam L. Rogers, director Of the
United States Census, gave az address
on The Value Of Statistics particu-
larly with reference TO the cotton in
dustry. Harvie Jordan said the cotton
growers of the country were entitled
to statistical data n REGARD TO the IN
dustry.
Guido Risaida, representative of the
International Institute of Agriculture,
of Rome, Italy, brought best wishes
from that organization for the success
Of -he conference, and expressed ap-
probation Of figures furnished by the
tinted States Census Bureau. Giorgio
Mvhus, Of the Italian government,
representing the international Fedora
ton, said the Indian and Egyptian gov
ernments especially have appreciated
the statistics furnished by the United
States.
DR.. Thomas Walker Page, chairman
of the United States Tariff Commission,
said. in discussing international Trade
in Cotton Yarns" that although the
United States was the greatest pro
ducer of yarn IN the world, she
was ms iguhcant in lnternat!onal
trade in yarns. There are twenty-one
industries which use yarn brought from
abroad.
SIR A Herbert Dixon. Of England.
was to have spoken at to-day's session
and was present during the first part
Of the meeting, but was compelled to
leave on account Of business.
The delegates of the conference are
to be entertained at banquets Thursday
evening, October Is. as guests of the
Eex Orleans Cotton Exchange, prob