Arizona republican., 1921-09-19
Much Progress In Organization

Much Progress In Organization
 Much routine business was accom- plished relating to the steadily grow ing business of the association, which is rapidly getting it's organization machinery into shape to finance and market the members cotton along most efficient lines. New members are constantly joining. The local banks are furnishing most valuable cooperation The reduction in gin- ming prices secured is greatly appre- ciated by all members and within a few days every member will receive detailed information from the asso- citation, covering the many practical points involved in the successful grading, ginning and marketing of the crop.
 The following letter from the Mari copa County Bankers association was read by the secretary and re- ceived with great appreciation:
 The Bankers Letter
 Sept 1s, 1921 The Arizona Pimacotton Growers, Phoenix, Ariz.
 Gentlemen:
 At meeting of the Maricopa County Bankers association held Sept. 10, 1921, MT. Esgate moved, seconded by Mr Clayton, the adop- ton of the following resolution:
 Resolved, "That the secretary of the Maricopa County Bankers asso- ciation notify the Arizona Pimacot- ton Growers that the members of the bankers association have read with interest the news of the success of certain financial arrangements with the war finance corporation and express the hope that the operations of the cooperative association may be successfully carried through:
 That the bankers association again expresses its belief in the ad- yantages of cooperative marketing and that if a reasonable amount oi intermediate financing is required the members of the Maricopa County Bankers association will endeavor tc provide such funds upon proper se- curity."
 Carried unanimously. Yours very truly. A T. ESCAPE, Secretary. Maricopa County Bankers Association.
 Worlds Cotton Conference During the meeting Mir Heard gave an account of his work at the Worlds Cotton conference in Liverpool and Manchester. his investigations ir spinning conditions and export pos abilities. and of his return to Wash ington and the work there in the in terest of the tariff and matters oi financing, including the approval by the war finance corporation of ths Arizona Pimacotton Growers appli- cation for an advance of Is cents pei pound. and finally of the consent oi the war finance corporation to raiss the loan to Is. IS and 20 cents pei pound on 3's. 2's and Is. thus putting a premium on the production. pick ing and ginning of high grade Pima | cotton.
 Mir. Heard congratulated the board | of directors and executive committe' on the practical and conservative work already accomplished with tn
 excellent cooperation of the loca l banks.
 1 Speaking of his European trip NIT l Heard said:
 '-Our trips on the other side was 1 very interesting combination of worl 1 and play. The Worlds Cotton con ference, held in Liverpool and Man chester and lasting two weeks. wa 1 intensely interesting, and to me { genuine education. When I sat in | as I did, with men who have spen | their lives in the cotton trade realized how exceedingly little kney | about the industry. and what an op | portunity it was to brush up agains