The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-22
COTTON PLAN
ACCEPTABLE
That Is View of Dean
Schaub, in Explaining
How 1t Works
Bv J. c. BASKERVILL.
The Times-News Bureau
Sir Walter Hotel

RALTIGH, June 22.-(UP)-
Will the cotton farmers accept the
Governments cotton acreage re-
duction plan and pillow up enough
cotton to reduce this years crop
by 100000 bales?
Those in close touch with the
North Carolina cotton farmers
and with the sentiment among
cotton farmers generally through
out the south, believe they will &C
cept this plan and cooperate with
the government Sora grumblng
is being heard from some of the
farmers, but for the most part
they seem to be convinced that
the thing for them to do is to ac-
cept the Governments offer to
pay them a reasonable rent Tor
their land and then give them an
option on as much cotton as they
would have raised, had they fin
ished harvesting their crop. That
most of the farmers will cooper
ate with the Government, not only
here in North Carolina but in al
most all the cotton states, is the
opinion Of DR.. Clarence Poe, edi-
tor of the Progressive Farmer; Of
Dean l. o. Schaub of the Agricul-
tural Extension Division, State
College, who is in charge of the
reduction campaign in this state /;
of Commissioner Of Agriculture
William A. Graham; of U. Benton
Blalock, president of the Ameri-
can Cotton Cooperative Associ-
alton, and others.
The quota of acres in North
Carolina that must be removed
from production is $4,000, ac-
cording to word received yesterday
from Secretary of Agriculture
Wallace. 1t was also indicated that
farmers must agree to destroy at
least % per cent of their creage
in order to get paid for it, and
that they will not get paid for de-
stroying more than 40 per cent
of it.
81 think the plan proposed by
the Government, whereby it will
pay the cotton farmers a reason
able rent for their land to date
and then give them an amount of
cotton equal to that which they
will destroy, offers the farmers
an excellent chance to reduce their
acreage and at the same time
have as much cotton to sell this
fall as if they had completed their
crop" DR.. Poe said. 81 do not see
how the cotton farmers can refuse
to accept this plan, and l think
most of them will accept it.
"The plan has several features
to make it attractive to the farm
ers, in that they will be paid for
all the work they have done so far,
all the seed and fertilizer they
have bought, and still have the
same amount of cotton as if they
should let the present crop ma
ture," DR.. Poe continued. "Under
this plan, they will be paid in cash
some time during July the rent on
their land, ranging from Sc to $50
per acre, depending upon the yield
the past three years. This money
will come in handy to most of the
farmers who usually have to wait
until late in the fall. Then after
August /, they will be able to sell
their option cotton at a profit of
from SIS to $40 a bale-which is
not bad profit at all.
"It is true, of course, that it
is more difficult to get the farm
ers to agree to a plan of this sort
on a rising market. But most of
them will come to realize that if
this plan is not adopted, that cot
ton will probably go back to 6 or 5
cents a pound, instead of advance
to IL cents or more. So most of
them will sign up"
Dean Schaub believes that as
soon as the farmers understand
the plan, they will accept it en-
Enthusiastically, since it offers them
a better profit than any other
course. .... .
"This plan is not, asking the