Arizona republican., 1921-05-25

the plan into final shape before the organizatio campaign should start
 Briefly, the plan now accepted, and on which the organizat ton campaign is being carried forward, provides that the grower signs d firm and en- forcible contract to turn over to this association all cotton produced by, or for him, for a period of five years, with no right of withdrawal what ever.
 The association pools each grade and class of cotton in separate pools for the entire season. resells the cot ton as the market can absorb it at fair prices, and pays the grower the net returns, lesss the cost of opera ton, and less from to , per cent of the gross sales price for a reserve fund, that will bring the association gradually on to very strong finan- cial basis.
 The method of government is rep resentative and democratic. The cotton districts of Arizona, after the preliminary sign-up, which must hc equal to at least half of the cotton planted under the Salt River project for this year, will be divided into 13 districts. From each district will he elected, by the vote of the members of their district, one director, direc tors, at large, nominated by petition will be elected by the vote of all members; one director will be ap pointed by the governor of Arizona, to represent the general public in terested, and for the first year, in ap- preciation of the fine way in which the banks have stood by the cotton growers the past season, the banks will name one additional director. Ali members and directors must be bona fide cotton growers. From the board of directors vii be selected a smaller executive committee of the most ex perienced business men, cotton grow CTS on the board who will employ the necessary. expert marketing help, and conduct the affairs of the asso- ciation subject to the approval of the i board.
 The association is pledged in the 1 contract to assist in organizing the
 cotton districts of California and New
 Mexico, and long staple districts ot
 west Texas, the Mississippi delta and
 South Carolina into similar organiza- l tions and to assist in the formation l of an overhead sales organization, oi I exchange, to handle the general policy I of apportionment sales throughou'
 the long staple producing sections O America. This type or organization
 means, simply, that, instead Of man,
 thousand cotton growers all trying t sell cotton at once in quantities far il excess of the demand, without req knowledge of conditions effecting tn
 market, a small group of experts vii market the cotton on real suppl. and demand basis, with the resul that better average prices should b /. received. There is no intention t eliminate real and legitimate cottoi 2 buyers representing actual consumer : of cotton; however, such organiza 4 tions will very naturally do way wit : the local speculators. whose bushes y | it has been to purchase cotton on de | clines. caused by offering to much 0 l. the market and hold it for the neS II rise.
 There is nothing socialistic or radi 2 cal in the plan: it is simply a calml o d1nsidered, business like movemer T on the part of the growers, who hay T determined that it is better to co-oI crate with and trust each other. an = in consequence market their cotto
 intelligently, than to follow the o ! system of having each man pla ' against his neighbor by interesre II specluators.
 n For every hundred tons of coi II tnr