The Carlisle independent., 1920-10-07
COTTON WAREHOUSES BEING
 BUILT


 Little Rock, Oct. As a result of the campaign being conducted by the Arkansas Division of the American Cotton Association, large number of emergency warehouses are already under constfuction, or being arranged for in various parts of the state. Wherever the necessity has brought home to th4 cotton grower and those interested in the marketing of the crop, the plans of the Cotton Associ- ation makei strong appeal because of their feasibility.
 In Cross county funds are being raised for the erection of two or more warehouses; at Wynne, also at Van dale and Pa4bin. There is not ware house of aray in Cross county and ev- cry bale of. cotton raised in the coun- ty must be sent direct to the Memphis market or permitted to lay out in the weather. The farmers and the mer- chants have at last awakened to the tremendous, loss incurred annually by this method and are ready to adopt Itne means of relief provided by the association In Craighead county plans are under way for half dozen warehouses of the. temporary type de vised by the Cotton Association ex- perts. The same is true of Logan, St. Francis, Mississippi and other counties. The requests for assistance are so numerous that the state head quarters finds it difficult to meet all of them promptly. A corps of eff cient field men is at work conducting county campaigns, advising the farm CTS to hold their cotton during the present downward tendency and to provide necessary shelter, where the cotton may be stored under the pro- tecton of the Federal Warehouse Act and properly insured. If the crop, which is smaller than had been ex- pected, should be forced upon mar ket at the present declining prices, it would mean a loss of millions of dol lars to the growers. They are not seeking unreasonable prices, but are insisting only that they have price that will pay the cost of production and reasonable profit.
 The National Committee on Cotton Acreage and Price Recommendation of which pr. Bradford Knapp of Ar kansas was a member, in it's findings at recent Montgomery Conference said:
 We hold as a fundamental basi- ness principle that every legitimate business, and especially one which means so much to civilization and so- ciety, is entitled to all the cost of pro- duction and fair profit.
 "We believe and hold that with the cooperation of all the business units of the cotton producing states, that the South can finance the present cot ton crop, and we therefore, appeal to the business judgment and patriotic spirit of the Southern banker, whole sale merchant, retail merchant and producer himself to stand together in cooperation and hold for and de- mand the fair minimum price as rec commended by your committee for the crop of 1920"
 In a recent address, W. P. G. Hard ing, governor of the Federal Reserve Board, said
 "A gradual and orderly marketing of our great staple crops is matter of importance, both to producers and consumers. The dumping upon the market in short period of time of large part of the crop, consumption of which extends throughout the year, means not only a loss to the producers often to those who can least afford it., but involves a great strain upon our transportation facilities and upon banks in providing funds necessary for large purchases in advance of the actual requirements for consumption. Dumping of farm products, promotes .1<~l. T higher prices to the ultimate con- c,,yoo..v