The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1919-09-10
TO BUY ALL COTTON
! and HOLD FOR Price
Cotton Producers to Organize Cor
poration in Every County and
Parish in Belt.

win Hold Staple Until Price to be Set
by Committee of Growers Offered.
New Orleans, Sept. 5.-Cotton pro-
ducers from ten Southern States at
meeting today decided to organize
buying corporation in every county
and parish in the belt with the object
of buying every bale offered, then
holding the staple until the minimum
price, to be recommended by COM
mittee of growers, was offered.
The cotton under the plan submit
ted by l.. D. jennings, of South Caro-
lima, chairman of Il committee APP
pointed to consider marketing pro-
blems, would be purchased at price
one-fourth below the minimum price,
then held until the minimum price
was realized. Officials of the Amer
lean Cotton Association under the
auspices of which the meeting is be-
ing held were called upon to pro-
ceed forthwith with the organization
Of corporations.
The organization plans were intro
duced in the form of resolution by
Mr.. Jennings and unanimously en-
dorsed.
New Orleans, Sept. 9.-President
Wilson endorses the purpose of the
American Cotton Association which
morning. United States Senator Hoke
Smith Of Georgia who will speak this
afternoon on the subject, "Opportun
ity of the American Cotton Associa-
ton to Serve the People of the Cot
ton States" brought with him letter
written in long hand by the president
as follows:
NY Dear Senator Smith:
I have learned with the greatest in
terest of the proposed conference at
New Orleans. It. is called for an ex-
cellent purpose and I shall confident
ly look for helpful counsel from it.
My best wishes and most attentive
interest turn toward it. Cordially
yours.
.Signed) Woodrow Wilson.
Practically all the cotton states are
represented by delegates at this
meeting, the main purpose Of which
is to discuss the economic situation in
general and the high cost of living
affecting the cotton producers of the
South. When all features of prevail
ing conditions are analyzed there will
be recomr ended, but not arbitrarily
fixed price for cotton which will
be considered as fair to the producer.
The convention was called by Presi-
dent Wannamaker of the association
and endorsed by the Southern govern
ors in joint proclamation. Presi-
dent Wannamaker this morning out
lined the purposes of the association
and reported excellent progress in the
membership campaign which is now
being conducted throughout the
South. He also announced that res
olution will be introduced asking
President Wilson to call q conference
in Washington of bankers, manufac-
turers, exporters and business men
for the purpose of considering and
devising means of furnishing finances
to Europe so that normal trade con-
ditions may be renewed with the
United States and that the high cost
of living incidentally be lowered by
securing form across the seas large
quantities of fOodstuffs and CONNER
cial supplies which will aid mater
tally in the betterment of conditions
in America.
1t is planned that each state re-
presented in the American Cotton AS
sociation shall designate two mem
bers of q committee which will go to
Washington to place this mater be-
fore the president. Also committee
will be appointed to CONFER with Gov
ernor Harding of the Federal Reserve
system at Washington, Offering to
assist him in completin plans for
the formation of an export finance
corporation which would especially
benefit the producers Of cotton. An
other United States senator who is
attending this convention is the Hon.
J. B. Randsell Of Louisiana, who will
deliver one Of the principal address,
es. Governor Pleasant of Louisiana
is presiding today and Governor Dor
sew Of Georgia will be the chairman