The Birmingham age-herald., 1920-05-06

 in favor of the producer; he could al- ways find purchaser for his cotton. | With conditions as have prevailed dur ing the past, how could buyer buy spots at, say, 40 cents and sell a fu ture contract as hedge at discount of something like $25 bale? If we can be of any service to you, 1 do~not hesitate to call on us. Your very truly, ''W. P. WEIGH 6 CO"
 And, Senators, as long as what MT ! Welch says is true, the exchanges are not functioning properly. They are running proposition on which you can not do safe business.
 also introduce a telegram from MT Lyday of Fort Worth Tex, president of the Farmers Union of Texas. with the reputation of being a very smart man and fully acquainted with what he is talking about:
 Fort Worth, Tex, April 27. 1920. "B. B. Conner,
 Limited States Senate. Washing
 ton, D. C.:
 My first impression was your amendment would reduce value low grades Careful investigation has convinced your amendment would un- l questionably make contracts for mid mdling more valuable"
 i Of course it would.
 | "All grades woud be carried up with | it, as price of all grades are based on middling; privilege of rendering low l grades on contracts initiates against values of all contracts and enables | speculators to manipulate markets" | It does just what he asserts. He has stated the case as well as anybody could have done it. He stated 1t as , well as I could have done it myself, 7 Senators.
 | Cotton has but one real value.' That is true.
 That is for spinning. Rendering unspinnable cotton hampers contracts | for actual delivery, converts trading into an uncertain gamble, and inju- riously affects all legitimate interests.
 ID. E. LYDAY."
 That is from Texas, from the presi- dent of the farmers union there. You can not state the case better than that
 This telegram gives a very clear statement of the whole case and car ries the full intent of the amendment. I also introduce a letter from Messrs. Helgason Bros. Vicksburg, Miss. who write from experience:
 'Vicksburg, Miss, April 27. 1920. Hon B. B. Conner.
 l "Washngton, D. c. | great pleasure Snd profit your two 1 addresses printed in the Vicksburg Herald, of this city
 "We have been in the cotton grow ing, also speculating business on a conservavtive line for the past 20 years, and after reading what you say and what you are trying to do for cotton no informed disinterested man can do other than indorse your action. As for the telegrams protesting l'against your amendment, the senders or signers have no more interest in the poor farmer than the devil has in the doctrine of saving lost souls"
 I do not know whether I ought to have read that part or not
 That New Orleans bunch, headed by Thompson, would not hesitate at anything to perpetuate gambling in cotton in it's worst form, and if you look back and see the form and sig natures to the protests against the Smith-Lever act"
 That was last year
 you will see the same style and the same crowd trying to manufacture op- position to your bill, that will hell every cotton grower in the United States. I do trust the Mississippi senators will vote for your amendment
 You are performing a great serv- ice to the south in whatch you are do- ing. Yours, very truly,
 By D. B. HELGASON." I also again introduce MT. D. A. Cal win, particularly the letterhead.
 Cotton States Official Advisory Board-that is a big name. is it not?- MT. E. A Calvin, special representa- Eve, 300 Kellogg Building, Washing ton, D. c. This is a striking letterhead and you would think that the farmer has in him Brob dingnagian repre- sentative, but, inquiring into the rec ord of this Brobdingnag, find that the Cotton States Official Advisory Mar keting Board, MT. E. A. Calvin, special representative" is purely selfmen- tality, the name being the only signifi- canoe He occupies expensive quar- ters It would look like rather a pay ing office This telegram from MT Brown will explain the farmers rela- ton to him, and I have heard that this extends to Texas:
 ''Atlanta. Ga, April 1s 1920. 'Hon. B. B. Conner.
 Washington. D. C.:
 My return from Montgomery today finds your letter of 18th. Providence prevents me coming to Washington this week. Can mail affidavits as to Calvin if you think we have time Calvin does not represent any actior of Cotton States Marketing Board rel ative to Conner amendment. Has abso- lutely no authority from board to speak for this board on this subject. consider his persistence in this mat ter is an imposition on the boaSd ano an outrage against the South.
 s.J. J. BROWN. "Commissioner of Agriculture and
 Member Cotton States Marketing Board"
 In view of the letterhead- I States Official Advisory Marketing Board F. A. Calvin, special representa- tive'-I think he would be on an un- derstandable basis if. with all the ex- : change propaganda he is constantly issuing. he would explain just what all this means, as he is now. and was last year, when the Smith-Lever bin was amended, functioning as an ex- change lobbyist.
 With Senator Harris permission, afn reading into the Record, as part of this address, letter from Mir w T.. Brown, county chairman. Gwinnett County division, American Cotton As sociation
 'Lawrenceville, Ga. April ,24. 1920. Senator William J. Harris.
 Washington, D. c.
 Dear Senator: I have studied the Conner amendment 4restricting the de- livery of cotton on future contracts, wereby the seller will be required to deliver 50 per cent middling and bet ter. As practical legitimate spot cotton dealer I heartily favor the amendment. This amendment will tend