The courier-index., 1919-10-10

onlv through the cooperation of al
 wiIl if he possible to secure the wish | ed-for results.
 One writer on the subject says
 sIt may be concluded that the or | ganization of the cotton-produelhs industry 3nd interests is fundamen' ! tally responsible for the ills of which ] complaint is made. for the hardshlpS of the producers vocation ana TOT his defenselessness against the at taeks of his organized adversarles. Tn these days of organization, II becomes a matter of self-protectlon- l. R. Alexander, of Scott, one or the most successful cotton growers oI the state. has accepted the chalr- ] manship of the state organization | committed and will undoubtedly be l the permanent chairman. For IL Is to he permanent, and not fly-Oy night project. There are men oaeh | of the movement who will see to IL [ that if does not fail. NIT. Alexan- der says that he considers it the greatest movement ever undertaken for the benefit of the cotton grower
 Its work will be very largely eau eational. although it will use us funds to do all and singular what soever may be conducive to the sta- bilitv and profitableness of the cot ton producing industry.
 There are four classes Of member ships which embrace all farmers merchants, bankers, professional men and other individuals who may be ln- terested directly or indirectly in the prosperity of the cotton-produclng ln- ,dustry.
 The charter memberships are S1OO a wear for those who desire to give liberal aid in organizing and further ing the cotton industry; farmer mem berships. whose dues shall be 25c hale for 1921, based on the produc- tiou of 1917; and ten cents per bale from 1921 to 1923 on the same basis; merchants, manufacturers and Dank- CTS memberships the dues to be 70 cents on each s1,000 invested until Jan. 1. 1921, when it is to be re- duced to ten cents for each thousand; allied memberships shall be s3 per annum for professional men and the general public.
 If is conceded that the American Cotton Association has already saved to the producer 500,OOO,0O0, ana it is to popularize it that this cam paign of extension is undertaken
 What is believed to be the top price for cotton in Little Rock prob ably since the Civil waris reported by R. R. Allaut, former constable or this township. Last week he sold two light weight bales. grown on his plantation near Faulkner Lake, for 46 cents a pound. The cotton brought S6S5.40, and the seed sold for sS9.S5, making a total of s775.21 A few hours after he had made hls sale, cotton of that grade went oil off 110 points.
 Only few years ago the aggregate bank deposits of Little Rock did nat exceed ten millions of dollars. Now there is one bank with nearly twelve millions, expecting to reach fifteen millions by the end of the cotton sea son. The total deposits of all the banks i'll Little Rock amount to some thing like thirty million dollars. There never was so much money in the city, and there probably never was a time when a dollar would do so little as it does now.
 Interest rates are coming down. A few years ago all commercial loans were made at per cent, and some as high as ten. Now money is about the cheapest commodity on the mar ket. Commercial loans, as a rule, are being made at per cent. The great volume of money that is nov ing makes up the deficiency on be- half of the banker
 One item of political gossip coming out of the extra session is that Chas. E. Sullinger, representative from Mis- sippi county, will be candidate for Speaker in the 1921 session. e was called upon frequently by Speaker Newto nto preside and was one of the most active end popular members on the floor.
 Chicot county, confirmd tn rumor that he will be a candidate for State of lands and highways.
 N. A. Northcutt, of Sharp county, has formally announced as a candi-