The public ledger. [volume] (Maysville, Ky.) 1913-1968, 1921-01-08
1921 CUT.OUT IS
INDORSED BY THE
STATE GROWERS
Hon. Stanley f. Reed Offers Resolu.
tlOn Adopted by Growers at
Lexington Convention on
Friday.
SUMMARY OF THE SITUATION.

The tobacco situation" in the bur-
ley district seems to be about as set |
forth below.
This summary is the result of
thoughtful expressions made by con-
servative men who are vitality and |
deeply Interested in the tobacco indus
try.
|. Any hope that the banks can fin
ance cut-out of the 1921 crop is not
founded upon sound business princi-
pies. Growers who depend upon the
banks for support must be prepared
now, as always, to furnish the banks
with security worth 100 cents on the
dollar.
2. A cut-out of the 1921 crop could
not be made effective unless it had
the unanimous support of the tobacco
growers of Kentucky, Ohio and Indi-
ana, and some assurances that there
would be short crops in other ports of
the world where tobacco can be pro-
dqeed.
3. Whether the warehouses rel.ain
open or suspend depends upon the
prices which tobacco manufacturers
are willing to pay for the tobacco
brought to market.
4. The only way that prices can be
fixed is to submit baskets and permit
the market to take its course.
5. Many of the most extensive
growers of hurley tobacco in all of
the counties are opposed to an effort
to cut-out the 1921 crop. They believe
that such a course would work great
Generalization in the industry and be
in the end Of no substantial benefit.
s. Bankers, warehousemen and
large landowners, whose prosperity
depends upon the prosperity Of all,
war against radicalism in any form.
T. Sets of resolutions and agree
ments entered into by specific groups
cannot control the individual actions
Of thousands of men scattered over
large areas in many states.
Two thousand tobacco growers, rep
resenting thirty-eight counties of the
Burley district of Kentucky, Ohio, In
diana, in convention assembled at the
Lexington Opera House went on re-
cord by an overwhelming majority for
complete cut-out of the 1921 Burley
tobacco crop.
After adopting resolutions calling
for the cut-out and requesting all
warehouses in the Burley district to
remain closed until May /, the mass
meeting selected ten committeeman to
meet with bankers and warehousemen
at 2 o'clock Friday afternoon at the
Office of j. C. Stone, president of the
Lexington Warehousemen's Associa-
tion, $40 South Broadway, and ad-
journed to reassemble in the Fayette
circuit court room at o'clock at night
to hear the results of the afternoon
conference of bankers, warehousemen
and growers representatives
The proposal for cut-out was one
of series of resolutions presented by
Hon. Stanley F. Reed former legisla-
tor from Mason county, who headed
strong delegation from that county,
and after some scattering expressions
as to the attitude of their constituents
from few of the delegations, was
carried by vote Of thirty-five out Of
the thirty-eight counties represented.
In the other three counties, the SEN
timent, it was reported, was divided,
and they were passed" in the final
announcement of the vote.
Those counties voting for the cut
out we're Anderson, Adair, Adams
county, Ohio; Boone, Bourbon, Bath,
Brown county, Ohio; Clark, Clermont
county Ohio; Carroll, Fayette, Flem-
ing, Franklin county, Ind; Grant,
Ga1latin, Green, Harrison, Henry, Ma
son, Mercer, Montgomery, Nicholas,
Nelson, Owen, Oldham, Pendleton,
Robertson, Trimble. Woodford, Ken
ton, Dearborn county, Ind; Franklin,
Hamilton county, Ohio; Jessamine,
Lewis and Scott.
The counties of Bracken, Franklin
and Campbell we're passed. Madison,
one of the big Burley producing coun-
ties of the state, was not represented
and Garrard county cast negative
vote on the proposition but its spokes-
man stated that his county was for a
curtailment of the crop and would be
governed by the sentiment of the con-
vention.
The announcement by the chairman
that the cut-out proposition had car
ried by an overwhelming vote was
greeted with tremendous applause, in
dicating that this action of the con-
vention was a popular one.