Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-11-18
4 Developments
Of HIGH IMPORT To
SOUTH ANNOUNCED
Continued from Page y

provide the necessary supervision
and regulation.
Proposed machinery advocated by
Mr.. Meyer would Take care of the
financing of cooperative marketing
associations through existing finaI-
cial machinery by modifying the
laws and regulations governing the
requirements of the federal
reserve system and the financing OF
the live stock industry by amending
the national banking act so as to
authorize the creation of federal
chartered loan companies, operating
with private capital under the super
vision of the comtporller of the cur.
rency of the federal reserve system.
If necessary adjustments are made
in the eligibility rules of the federal
reserve system, Mr.. Meyer maintains
there is every reason to expect that
the banks will do their part in the
financing of cooperative marketing
associations, the experience of the
War Finance corporation demon
strating that where the rediscount
facilities exist necessary funds for
credit are provided in large part
through private banking channels in
the various localities.
EDUCATORS AND SCIENTISTS
PLAN COTTON CONFERENCE
WASHINGTON, Nov. 1.-THE
cotton situation will be the subject
Of comprehensive discussion at a
meeting here Monday, November
20, between college and university
presidents, extension directors and
college deans of various Gotten
states, and experts IN all branches
of the cotton industry connected with
the department of agriculture.
The conference, which is to be a
preliminary one, was developed from
ideas of DR.. H. A. Morgan, preo1-
uent of the University of tennessee.
It will consider uniformity OF recon.
mendations for state and federal
agencies dealing particularly with
problems connected with boil weeyil
control and marketing; reduction OF
the number of varieties of cotton
grown, and the development OF COM
munities growing single varieties.
It is also proposed at this con-
ference to discuss the needs for al,
tiitional information with reference
to cotton problems, and to outline
additional research to be carried on
comparatively by the state and fCc-
eral governments. The Washington
conference will be prelimina Y to
the cotton states conference to be
held in Memphis December 5 which
Secretary Wallace and experts of the
department of agriculture expect to
attend.
GOOD RESULTS OBTAINED
I'm EDUCATION CAMPAIGN
WASHINGTON, Nov. 17.--Excel-
lent results have been produced, &C.
cording to the department of agrl-
culture, by the know-your-own-co cot
ton campaign, which for the last two
years has been carried on in the cot
ton-producing states under the d1-
rection of G.. S. Meloy, cotton spe-
cialist of the bureau Of agricultural
economics. The work was incidental
Iy undertaken in connection with
studies of the small interior markets
and is designed to teach cotton pro-
ducers the factors on which the value
of cotton is based and to assist them
to obtain a price commensurate with
the true value of the cotton produced
and offered for sale by them. The
immediate results are the encourage
ment Of greater care in harvesting
and handling the crop on the farms,
so as to improve the grade, and the
Introduction Of pure seed, resulting
in improvement in the staple and
character of the cotton grown.
During the 1922 season more
than 80 communities were engaged
in the work. Many of the new asso-
Citations have gone over into state
wide cotton associations that have
been organized. The 1929 season
finds thirty organizations still active
as individual communities. Cotton
classifiers, approved by the govern
ment, are appointed for work in any
community that may organize so as
to guarantee the expenses of the Of
flee. These classifiers grade cotton
brought in by farmers before sale
and explain the methods whereby
each farmer might better his product
and increase it's value. Accurate
grading has increased the financial
receipts of the producers by many
thousands of dollars in each organ
lied community. The introduction of
improved seed has resulted in even
greater profits.