Arizona republican., 1921-01-18
Rx M. M Mnrrison


 The writer recently has received many letters, some from abroad, mak- ing inquiries as to the present crisis in the production of American cotton. While this situation has already been fully and quite adequately discussed, it seems well, out of deference to what is suggested by these inquiries, to re- view some of the more important ques- tions that are in, or being pressed on, the minds of the cotton producers, and that can be expected to have determ- ming effect on the final results.
 It is, perhaps. worth while to state that some of these letters, from the more important foreign firms, express entire sympathy with the producers controlling the output of cotton, as- suming that the higher prices that could be expected to result from such control would be the only way that the production of an adequate supply could be secured and maintained. The writer hopes to have the privilege, at an early date, of giving some of these letters to the press.
 It is evident that the trend of present conditions in the agricultural life of 1 the south will prove disastrous to the cotton producing industry, involving also many other industries whose we'll being is of vital concern, unless they are promptly and effectually checked l It is clear that this is a responsibility of the producers, for they alone are | in control of the only remedy that can be depended upon to counteract the vicious tendency of these conditions
 We'll defined facts make this evident There is not a chance. therefore, foi the producers to escape this respon' sibility even should they desire to dC so, which is not assumed.
 What are these facts? It is esti' mated that there will be something likt g, 100000 bales of unspun cotton at tn,
 close of the cotton year ending July Sl 1921. At least, 1t is certain that thi! T is the only sane assumption that tn producers can make as a basis for thei calculations. It is well to remembe
 that should production be reduced one
 half there would still be, in view of thi record, more cotton than the world ha been willing to absorb under the con
 ditions that have existed and still exist Then, if there should only be partia reduction or no reduction at all,--an
 the yield should be 10000, 900, 12,0oo, % or 13.000,000 bales,-- it is well to asl . ourselves the question: How low ca the price of cotton be expected to go , In other words, what does the attitud
 of the consuming world, during recen us IN cApCCllllS 7 such an event?
 Can there be a. shadow of a douh : about the price going to a disastrou 2 level, unless there was, not a partis
 mind you, but a complete return |
 normal conditions throughout tn world? Does not the record and com : mon sense both, point to it being tn ! rankest gamble for the cotton produc a CTS to assume that normal condition will be thus restored in planning tn coming crops? Politics and economic have been intimately interwoven sine . immemoria1 times. Whatever affect one affects the other. When the politi i, cal life of people has been fundamen z tally disturbed the restoration of tn ' normal processes of government take
 years. That is the declaration of his
 tory. History declares exactly tf
 same thing of peoples economic If