The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1919-12-03
South Carolina Association Votes to
Establish Bank and Export Cor
pOratiOn in State
CAPITAL OF S2,00O,000
DiversifcatiOn of Farming and III
surance Assessment Are Favor
ed in Resolutions

lima Cotton Association, meeting here
today, adopted resolutions providing
for the formation of banking, trust
and export corporation capitalized at
So 100000 to handle the cotton of the
State, put itself on record as favoring |
the diversifcation of farming SO that
only surplus acreage would be planted !!
to cotton, recommended certain legis !
lation beneficial to the cotton planters,
including the assessment Of twenty
five cents on every bale Of cotton, to
be applied by the State warehouse
commissioner to an insurance fund to
reduce the insurance on cotton, and
the creation of a cotton commission.
The association also thanked various
public officials, officers of the associa-
ton, the press and other agencies for
their untiring zeal in the movement
for an increased price for cotton.
500 Delegates Present
There were fully 500 delegates pres
ent from every county in the State.
r. M. Mixson, of Wiliston was elect
ed president Of the association to sue
cecd j. Skottowe Wannamaker, the
retiring president; j. H. Claffey, of
Orangeburg, vice PRESIDENT; Mrs.
Hugh r. Clinkscales, of Columbia,
secretary, and j. T. Mackey, of Cam
den, treasurer.
The central committee will consist
of tho follo,uinU n,ap,horc fron, oo rI,
congressional district: First, B. F. Nc
Leod, of Charleston; Second, George l..
Toole, Of Aiken; Third, John p. Strib.
ling, of Seneca; Fourth, j. p. Cannon
of Spartanburg; Fifth, L. l. Guion OF
Camden; Sixth, #. l.. Manning, Of Dill
lon; Seventh, T. j. Kirvin Of Sumter
j. S. Wannamaker, j. II. Claffey ant
B. f. Mcleod were reelected as Soutl
Cardinals members on the board O.
directors of the American Cotton AS
sociation.
Feed Crop to Consumers
Throughout the three sessions Of tn
. convention, morning, afternoon an
evening, prominent men delivered ad
dresses deprecating the future Of tn
cotton crop and predicting that the ul
innate fate of the industry lay in tn
hands of the farmers, who could con
troll the situation by organization an
an adequate system of holding in war
houses. The keynote of the conventiO
was the assertion that it was an ecc
Y nomic fallacy to dump the cotton GRO
Il on the market at one time, that tn
a correct method was to warehouse
). and gradually feed it to the consun
Il ers throughout the twelve-montf
u period.
IL Among those who delivered address
q es were: Walter 3. Brown, editor {
o the New York Commercial; e.
Smith, United States Senator; Harve
Jordan, of Atlanta, campaign dire
tor of the American Cotton Associ
II ton; Col. r. j. Shackelford, of Athel
. Ga, treasurer Of the American Co
v ton Association: former Congressmf
ID A. F. Lever, commissioner OF the Fe
s eral Farm Loan Board; d. S. Murp
II OF the Bureau or Markets, Unit
II States Department Of Agriculture.
n Huge Company Organized
= Following the passage Of the res
to luton providing for the organizati
in of the banking, trust and export cor
I, ration, the following committee w
~ appointed to organize the project: