Pocahontas star herald. (Pocahontas, Randolph County, Ark.) 1907-current, 1926-10-21
PLAN TO FINANCE POOL
OF 100000 BALES

the outcome of conferences Of two OF
the memhers-Oscar G. Johnston and
DR.. b. w. KilgOre-with President
Coolidge, Eugene Meyer and other
authorized I'M Washington, but the
movement for acreage reduction is
being actively pushed by the remaining
members of the committee, without
the slightest delay.
Saturday, Oct. 30, has been def
nitely set by the committee, announces
DR.. TAFT Butler, as the south-wide
sign-up day, at which time the vari-
Gus agencies hope to get pledges from
every farmer for reduction Of % per
cent of their 1926 acreage in cotton.
An intricate plan has been evolved
to attain this tedious goal, the sue
cess of which depends on great en-
ergy of those summoned to this work,
said DIR. Butler. "This movement has
very little finances behind it; it is
a movement of the south, by the south
arms in the movement will serve with
out pay, naturally. The greatest dan
ger we face is inertia ON the part of
those asked to serve. The time is
short and the goal is high, but if every
body works there is plenty of time to
put this thing over
The cotton committee will ask the
state agricultural commissioners, the
state directors of extension work, the
presidents of the cooperative market
ing associations and chairmen of the
agricultural committees of the state
bankers association to appoint COM
mittee of three in every county in the
cotton producing south to supervise
the work therein.
These committees are to select can
vassers to cover every voting pre-
cinct in their counties who will per-
sonally visit every cotton farmer and
ask him to sign the pledge cards.
Cooperation of the presidents cot
ton committee has been promised re-
representatives. of the Memphis Cotton
Conference by Chairman Eugene Mey-
er during a conference in which the
sOuth's problem arising from the re-
cord cotton production was discussed.
1--WE arrived at no definite conclu-
siOns," b. w. Kilgore, chairman of the
American Cotton Growers Exchange
stated. I'VE think, however, we will
work out a solution. The cotton com
mittee has given us full cooperation
in working out the problem
Mr.. Kilgore, who was accompanied
by Oscar Johnston of Memphis, stated
that the problem had settled down to
two main factors, first, orderly mar
keting of the crop over "A longer period
Of time than usual and second, reduc-
ing next years acreage by 25 per cent.
IF the farmers can be kept in
position to hold their cotton until
price of 10 cents pound is obtained,
they will break even," Kilgore said
He estimated it would be necessary
that this years crop be marketed over
a period of IS to "a months rather
than the customary six or ten months
'The south is in good shape and
able to meet it's problem Mr., Meyer
said, after the conference "The prob
lem is one of co-ordinating existing
organizations to permit the orderly
marketing of the crop. We have
reached no definite plan because no
magical scheme is going to aid us. 1t
is a problem of coordination"
Mr.. Kilgore and Mr.. Johnston, who
seemed optimistic over the outlook
after the conference, said they would
continue their discussions with fed
eral representatives in the next few
days.
Governor Tom J. Terral of Arkansas.
has accepted an invitation to address
mass meeting of citizens of Mississ-
ippi county in Blytheville Friday to be
held in the interest of furtherance of
the move for legislative enactment in
southern states which will provide for
reduction of the cotton acreage next
year and penalties for violations and
upon officers who do not enforce the
law. In response to request from
Mississippi County, the governor has
already called a meeting of all inter
ested parties in Little Rock for Tues
day, Oct. 90
Farmers. merchants. lawyers and
bankers of the second largest cotton
growing county in the world, are
agreed that legislative enactment is
the only fair and effective remedy for
the situation brought about by over
production Of the staple. Leaders of
the movement carried the idea to Mem
phis, but they were overruled. Dele
gates from Mississippi, Louisiana and
Texas, however, We're in favor of the
plan.
/ The proposed bill has already been