The Little River news., 1920-03-17
THE GREAT COTTCN
 COTTON CONFERENCE
Greatest Conference Will be Held at Montgomery April 13-16; Many
 rom Arkansas to Attend.

] Little Rock, March 15.-(SpeciaD aD-I Probably the most important confer ence of those interested in the Cotton trade will be held in Montgomery, Alabama, April 1916. Arrangements } are being perfected for the entertain ment of thousands of delegates, who will consider questions vitally effect ing the cotton industry. The Arkansas !. Division, which is in process of for !: nation, is expected to have a large delegation present.
 As a result of the recent tour of the , state vice president T. J. Shakelford, there has been a great revival of in terest throughout Arkansas. The bankers are rallying to the support ef the association everywhere and the farmers and merchants are taking an active interest in the plans of the organization,
 Plans of the most tremendous inn . port are being made in other states by , the leaders in the association. For in stance-Governor Cooper of South Carolina has approved an act spon- sored by the American Cotton Assoc
 iation, creating a warehouse board to
 be appointed upon the recommendation
 of the association. This act places the
 cotton industry of South Carolina on To ctr h1tci ho cit lot n antiquated and unevonomic methods to
 the scrap heap and will result in com plete economic reforms and direct
 sales.
 T The duties of this board will be put
 into force and effect with all possible speed in the State of South Carolina, economic reforms recommended by the American Cotton Association, to draft plans assuring the erection of ware houses in each and every county in the state sufficient to carry the entire cotton crop produced in said counties,
 before the 120 crop comes on the mar
 ket.
 VIII Held Finance Cotton.
 This board is given the power to
 finance sales of cotton both foreign
 and domestic Applications ar al
 ready being received from European countries for the purpose of direct sales and it is the consensus of opin- lon of the leaders of the American Gotten Association, in fact of the best suit of this legislation means that a Lale of cotton will go direct from the gin to the warehouse the sale of cot ton will be spread over a period of twcve months instead of seventy per cent Of the crop being sod in the three i months harvesting period as hereto- fore. It also means the absolute cert ainty of putting into force and effect the many reforms for which the Am erican Cotton Association has been working.
 1t is unanimously conceded that this step means the direct sales of cotton both domestic and foreign.
 The South Carolina Warehouse Act l has been in operation for many years, is very unique in character, and has proved highly satisfactory The ware house receipts issued under the super vision of this board will be strictly gilt edge and will bring the holder the very lowest possible rate of interest ities
 The enactment of this legislation in to the statutes of every cotton grow ing State, following the organization of the American Cotton Association, will practically revolutionize the cot ton industry. Legislative Steps.
 This legislation will be fully discuss ed and necessary steps taken for eff fecting uniform legislation bearing on important reforms in the cotton indus try at the convention in Montgomery
 President Wannamaker makes the | following announcement:
 Leaders in the United States Sem ate realizing the tremendous impor- tance of the enactment of national leg islation, to assur the reforms for which the American Cotton Associa- tion is working, have introduced our national body an act, which will cor dinate with the above act and which means that as result of the organiza- tion of the American Cotton Associa- tion, the entire cotton industry of the South, both where it touches inter- state and interstate commence, will be tht most economical manner. This J as tremendous saving"