The Birmingham age-herald., 1921-02-05

mer and with others. I asked what the objection to Senator Corners amend
 ment was.E I was told that If Senator
 Corners amendment was allowed to De-
 come a law, the purchaser would select all of the half of the contract in mid
 ding fair. This is the highest grade
 cotton grown. And there is very little
 of it grown. So the objection to Sen
 ator Corners amendment was that if
 the purchaser had the right to select
 all of that half of the contract he
 would corner the market and the price
 would go sky-high. That was the ob-
 jection to 1t.
 Now, my proposition is this: If
 there is very little of middlins fair
 grown, and if the purchaser should se- lect one-half the quantity in that and run the price sky-high. that would not
 be fair; that would not be just There
 fore, you had better eliminate middling fair as one of the grades in which you can deal.
 ,"But I don't see as much sin in let-
 ting the purchaser have the option of
 selecting half of the quantity of the contract in any grade he saw proper
 and run the price sky-high. as in lst-
 ting the seller select all of the quan-
 tity of tho contract in any grade he saw proper. So in the interest of the
 purchaser advocated Senator Corners s
 amendment
 Now, under the law, the seller can
 divide the quantity of the cotton be- tween the whole 10 grades as he sees proper, or he can select all of the cot ton in any one grade that he may see fit Now. don't sec any more harm in letting the purchaser select half of the quantity and running the price up than in letting the seller select all of the vI THE FAIREST WAY "An amendment which would be ab- solutely honest and fair would be this:
 Let the seller have the opinion of ten dering one-half of the quantity of the contract provided he divides 1t equally between five grades. Let the purchas- CT have the option of taking the other half of the quantity of the contract, provided he divides 1t equally between five grades. Then, you would get a spread of all the 10 grades. Then some of each of the 10 grades could be fur nished. That is fair and honest proposition.
 T took this matter up with the agricultural department many times last summer, and l am now convinced tthat that is the honest and fait way of doing it. and l believe it is work able.
 T am not interfering with any of the tenderable grades. l am not try ing to interfere with the law at pres ent in force. Ten grades. I think perhaps, is all right but I propose tha! out of the tenderable grades the seller shall have the option of selecting one half of the quantity of the contract in any two grades, but he must divide il equally between two grades. And also to let the purchaser have the option of demanding that one-haIf of the amount deliverable under the contract
 shall be delivered in equal quantity In two grades, to be specified by him. T propose that tho purchaser shall have the right to demand that one
 half of the quantity shall be delivered as specified by him, provided hs
 divides it equally between two grades
 Now. that would answer the argu. ment that was made against Senator
 Corners amendment that all of thu l half would be selected In the finesl grade, and that therefore you woulc 1 corner the market. Of course, 1t il not right to corner the market, and my amendnunt would provide againsl ! that"