The Birmingham age-herald., 1921-10-29
ID MARKET COTTON
 CO-OPERAT|VELY IS PRODUCERS SLOGAN
Lower Discounts and Freight Rates Are Asked By Ameri- can Cotton Association.
 Want Larger Board


 Cotton associations convention was practically concluded at the after noon session yesterday, when resolu- tions were adopted calling for ex- tension of the organized cooperative marketing system so successful in five states to the entire cotton belt.
 This resolution was hand maiden of that adopted the preceding day, when thef convention went on record as opposing any increase in acreage in 1922. but advocated duplication of the 1921 programme, which resulted in an acreage 2s.4 per cent under that of 1920.
 Another important action was adoption of a resolution calling for q # per cent rate of interest on Lib- erty bonds and to A. per cent on commercial paper, the federal re- serve board, the administration and Congress being included in the ap- peal made to that end.
 The Texas delegation, which has been breeziest of all, painted glow ing pictures of the benefits of CO., CRSAaNthO Aital hCNlltB III ludl SLdlG. Their talks seemed to be a real in- spiration to delegates from the un- organized states, such as Alabama, Tennessee and Georgia. Result is that delegates to the convention expressed themselves as determined to see that their states igot organized at once.
 Alabama Acts.
 The convention greeted with cheers notice made on the floor that the Alabama house and senate had just enacted a law by means of which cotton marketing associations may be- come legal bodies and have a stand ing in the business world, as is the case in states where these marketing associations have been effective
 The resolution calling for lower Liberty bond rate interest and not over to IA per cent rate on com mercial paper was another feature of the session. It was forecast by the thought running through successive addresses of the leaders.
 Resolutions Adopted.
 The following resolutions were adopted by the American Cotton as- sociation without debate or discus sion and byunanimous vote:
 That the California plan of cooper ative marketing of cotton, so success ful in five statesA be extended to the entire cotton beltl with dispatch.
 That the interstate commerce com mission establish freight rates based on the cubic contents of cotton bales. density considered, and stands for enactment of a law to that end. That the association stand behind the effort to have the federal reserve board, administration and Congress take action that will establish a rate of interest not exceeding F per cent on Liberty bonds and rates not ex- ceeding to 41a per cent on commer- cial loans.
 High Freight Rates. That present high railroad rates being extremely inimical to farm prosperity, the various state railroad commissions and interstate commerce commission act jointly in bringing about reductions.
 That additional appropriations be made to census and crop reporting bureaus so that these useful agen- cies may function more adequately.
 That the Secretary of Agriculture be required to report in February the amount of the previous years cot ton production, an estimate of the next six months consumption and an estimate of the 'carry-over that will remain at end of season, together with statistical information dealing with European consumption and de- mand; also that experts in Manches- ter and Liverpool and one in conti- mental Europe be employed to gather the foreign cotton data.
 That ginners be requested to with hold reports of ginnings from agents other than the authorized and official ones. Larger Federal Reserve Board
 That the federal reserve board membership be increased to 12 and that the agricultural interests of the country be represented in the in- creased membership.
 That the convention express Its ap- preciation of the act of Congress in passing the agricultural relief bill. That the bill of Senator Overman of North Carolina providing for pup lication of statistics of the consump- ton of cotton be approved and that the bill also provide for statistics of goods in hands of manufactur- CTS.
 Misunderstanding Data.
 That the same amount of inforna- ton as the manufacturer receives or cotton reduction be furnished the producer with respect to operations of the manufacturer.
 That the North Carolina plan or uniform bailing and warehousing laws be approved.
 That financial assistance be exteno- ed the association by bankers, mer- chants and business men for the prop CT functioning of it's increasing duties.
 That the Cotton News, official orr gan of the association, be given aoe- quate support.
 A resolution indorsing the Borah- Bankhead land reclamation bill was recommended by unanimous Sote' President Thanked Resolution was offered that ex- pressed appreciation of President Harding's interest in measures tend ing to agricultural welfare. That ]. $. Wannamaker, president of the association, be warmly com mended for his statement made oe- | fore the congressional committee ana that his administration as chief ex- | ecutive be given testimonial or rising vote. This was done with ev- | eryone on his feet.
 1 Very interesting addresses were delivered at the afternoon session ny | inc following: Cotton Growing In terests Must Have support or ,Aiieo Business Institutions, by J. A. Brown. Chadbourne, N. C.: United | States Standard of Cotton Grades, bv William NJ. Meadows, United l States bureau of markets; Federal l Extension Service in the Cotton Belt" by J. A. Evans department or l agriculture | interested in the session on coop efative marketing. and gave marked attention to c. o. Moser. secretary ot I ~ rel