El Paso herald. (El Paso, Tex.) 1901-1931, 1920-10-30
ALIEN ESTATE
MIGHT FINANCE
COTTON CROPS.

The FL Paso county farm bureau
{ viii join the movement OF the ma
/ tional federation Of farm bureaus TO
/ get the United states government
Z TO issue credit to Germany to the
] extent Of approximately a billion dol
I lars, and take as security the Ger
man-oWned property now held by the
alien enemy property custodian. This
billion With the credit thus ex-
tended the farm bureau federation
wants cash issued against it by this
government and the cotton crop OF
the south financed with the money.
The money could be replaced by the
sale OF the confiscated property.
The farm bureau federation wants
this done for two reasons. according
20 81. j. Diederich, farm bureau or
ganizer for the state federation Of
farm bureaus, who came TO FL Paso
from Dallas TO aid ia the member
ship drive here. The first reason Is
that the cotton crop Of the south.
especially the low grade cotton, is
lying idle and due to tight money
cant be moved. The second Is that
Europe is broke and can't buy. Ger
many wants the cotton. hIr. Dieder-
ich says, and viii gladly take It on
the terms proposed and pay for IL
with credit issued against German
property confiscated here. II has
been the governments idea TO credit
Germany with the confiscated prop
erty on the indemnity Germany owes
the United States. The German
credit bin, otherwise the smith bin.
has for its purpose the giving Of
credit TO Germany for moving cot
ton TO that country.
As sample q what is going on
IN Europe" said Mr.. Diederich, Eng
land is buying cotton only a month
in advance Under ordinary condi-
tons that country buys for her mills
at least eight months in advance.
She. ike other countries Of Europe,
simply can't finance the purchases.
Cotton above middllng can be sold
on the domestic market gradually.
but low grades are without markets I
Frank p. First, large cotton
grower OF the valley, and H g. Stew
art, manager Of the county farm bu-
be no decrease in cotton acreage next I
year and that in all probability the I
acreage would be increased. in spite I
OF present low prices and the quar-
antine.
In the first place, FL Paso valley
cotton IS Of the finest grades, ire
spectlve OF staple length u grows
here easily without rain and can
grow even better than IL did this
year II &C. IS not irrigated SO much.
81 Paso county is close TO the source
II labor supply and can get the cot
on picked at smaller cost than the
.armers IN interior Texas
Moreover. cotton has been found TO
le the best crop TO rotate with al
ala. The chances are It IS believed
y growers here. that another year
VII see a different situation. This,
{ Is predicted. VIII be a situation
avo-able 10 cotton. especially high
'rade cotton The quarantine restric- /
ions viii be modified II not entirely /
emoved in time, so that there is no ]
ause for immediate worry among !
he cotton growers OF this region
The farm bureau drive for mem /
srs IS prospecting. llr- Stewart re- ]
orted. At least 90 percent OF the ]
armers approached are joining the !
ureau and the workers are confident /
Z that high average throughout the ]
rive which VIII end next week Fri- / ]
ay night at the Lone Star school I j
ouse az Canutillo so farmers met j
nd rallied 10 the bureau. III
one OF the plans for next year,
roposed by 1Ir. Diederich. Is 70 /
lastly the farmers according 10 { ]
heir experience in farming and TO { /
Z each work according 70 what he
uows best. For instance, farmers
Z long experience in cotton growing j
-flI aid the farmer who is just be-
inning TO grow cotton. The farmer
no knows much about alfalfa VIII
IA the farmer who doesn't 50 that
iu the bureau VII have I
dvantage OF the experiences OF eY-
-ybody else