The Birmingham age-herald., 1923-06-13
U. $. C0TT0N
 STANDARDS ID
 RULE WORLD.
All Sales And Shipments Throughout World Must Now Conform To Official Regula- tions Of This Country
LIVERPOOL STANDARDS BOW TO AMERICAN PLAN
Department Of Agriculture To Arbitrate All Sales And Ship ments In Dispute-WorId Trade To Benefit

WASHINGTON, June 12.-The in- ternational cotton conference reached an agreement today for the adoption of the United States of- ficial cotton standards as the basis for the world cotton trade. Signature of the agreement was withheld pending confirmation by cable from the various foreign cotton ex- changes.
 The conference adjourned until recommendations of the delegates on the adoption of the United States standardization and other questions.
 The members of the conference agreed upon the issuance of the fol- lowing statement of its proceedings:
 ''The International Cotton confer ence composed of representatives of Liverpool, Havre and other continen- tai cotton exchanges, together with representatives of the American cot ton trade and of the department of Monday, June IS after two days de- liberation on the United States cot ton standards act which goes into effect August 1.
 Solution Satisfactory.
 
 factory solution of the difficulties considered has been attained. The main question under discussion was the adoption of universal standards, which standards the European dele gates have agreed to recommend for adoption by the various foreign ex- changes.
 The result of the deliberations of the conference is being cabled to the various foreign exchanges and 1t IS hoped that within few days con firmation of what has been agreed to at the conference will be re- ceived."
 The conference was called by Secretary Wallace at the request of the British cotton associations which desired to present their views on the new cotton standards law before reg ulations for its enforcement finaiiy were adopted. The new agreement provides that all sales and ship ments of American cotton in inter state and foreign commerce must De in accordance with the United States official cotton standards. Heretorore much of the American cotton so,u abroad has been on Liverpool stand ards.
 The new law also provides arp1- tration through the department ol agriculture of all such sales and shipments The Liverpool Cotton as- sociation has conducted these arp1- = trations in the past and considerable dissatisfaction has been experienced by American producers and exporters because they had no representation on the arbitration board.
 British Method Abandoned.
 Numerous difficulties were pre- scented to the foreign cotton men py the new law and they asked TOT the conference to determine what pusi- ness adjustment would have to pc wade by foreign merchants handling American cotton as the result of 1t. Minor difficulties were quickly sur mounted when the foreign cotton renresentatives met with American Government and personal officials Yesterday was spent in preliminary discussion while today the princlpai nroposals of the foreign interests were advanced and counter proppoisd1i' psspoia1s nut forth by the American offlciaIs.
 The Americans for a long time have contended for the adoption oi universal standards. The brltlsn cntton men, on the other hand, have nrged the adoption of Liverpooi Standards and the maintenance oi Liverpool arbitration. Every conces- sion that possibly could pc maue within the provisions of the new law ,s understood to have been given py Government officials in their en, desvor to benefit the cotton trade al home and abroad by securing tne formal adoption of universal stand ards. .s.or.a Inv thf Americans, it is believed, will pc aG cepted by the cotton trace tia,' oia,oia,s ns their delegates who nave
 o-.aap,anf here,