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THE ATLANTA GEORGIAN AND NEWS.
MONDAY, OCTOBER 7, 1S07.
8
ARROW
INTERLINING IS CUT AWAY WHERE COLLAR
FOLDS —THIS INSURES FLEXIBILITY AND
PREVENTS CRACKING.
VCR 200 STYLES IN QUARTER SIZES. CLUPECO SHRUNK.
ISC. EACH ! 2 FOR 2SC.
CLUETT, PEABODY A CO., mskcbs.
First Session of Con
ference Monday
Morning.
Never before in the history of Geor
gia or the South has there been gath
ered together ns representative a body
of men of the world as are In Atlanta
the first three days of this week in at
tendance at the International Confer
ence of Cotton Growers and Manufac
turers. The first session began at the
capltol st 10 o'clock Monday morning.
Never before In the history of the
world, in fact, has there been held an
International conference of cotton grow
ers and spinners, of all the great organ-
liatlons of both branches, and of the
leading men of these organizations.
The Farmers' Union and the South
ern Cotton Association have forgotten
all past differences apparently and the
officers and members of each great or
ganization are commingling and Inter
mingling In brotherhood In Atlanta to
day, all working for a common cause—
the cotton grower.
The representative men of the Amer
ican Association of Cotton Manufac
turers are linked for the while in union
with the representative men of the In
ternational Cotton Spinners’ Associa
tion of Europe.
Even the New York Cotton Exchange,
that beta nolr of the Southern farmer,
•j represented, and the representative
Is getting as cordial a handshake and
as courteous a hearing from the farm
ers of Georgia and Texas and the other
Southern states as he would receive at a
convention of hts own people.
People of Europe.
Belgians. Frenchmen. Austrians. Eng
lishmen, Saxon, Italians and men
oi other foreign countries are com
mingling as If all were of a common
race and a common country, and Inter
national disputes and differences are
lost sight of for the nonce, while the
cotton bale looms up as the one great
spectacle and topic of the hour.
Peace conferences! There probably
was never such a one as that being held
In the Gate City of the South this week.
And these men are not theorists,
dreamers, visionaries. They are men of
the world—wealthy, substantial men,
representing nearly a billion dollars of
Invested capital—capital Invested in the
cotton business. . _
At the Piedmont Hotel Sunday and
again Monday morning, so harmonious
was the gathering of these hundreds of
men from eight different nations that it
was with considerable difficulty that
one could learn, without asking, what
countries the different delegates repre-
"iheman who looked like the picture
of an Englishman might be a Belgian,
whose English vocabulary consisted
of no more words than a man could
count on hts lingers. The well-dressed-
dapper little man. with the sallow com.
plexlon and upturned mustache, might
not be a Frenchman at'all—possibly he
hailed from Austria.
HOW KING COTTON STARTS ON LONG JOURNEY
FROM DIXIE FIELDS TO FOREIGN FACTORY
SCENE IN A DEKALB COUNTY COTTON FIELD; TWO BALES TO THE ACRE.
In the pnrlors of the Piedmont ope
could see a typical Texan, the loud,
good-natured man of the West, with a
cowboy hat and a suit of near-Jeans,
discoursing with a gray-eyed, light-
suited cotton broker from the New
York Cotton Exchange, with an Eng
lishman and a Frenchman, and a Bel
gian and several others eagerly Us-
tenlng to the conversation, and Inter
jecting their own views at appropriate
moments.
It Is a great convention. And At
lanta knows It. Not a stone has been
left unturned, not a detail forgotten or
forsaken In the. way of arrangements
for the proper reception, care and en
tertainment of the distinguished guests;
Atlanta's most representative men
have forsaken their respective places
of business. Tho mayor, the members
of the city council, the manufacturers,
the capitalists, the real-estate and pro
fessional men and the merchants are
vleing with one another In making the
convention a success, as far as In their
power lies.
Nearly every form of social enter
tainment has been planned, and all the
arrangements for each have been per
fected.
Beginning Monday evening with a re
ception at the Capital City Club, which
will be an event of memorable propor
tions and enjoyment, and concluding
Wednesday afternoon with an automo
bile ride to all the points of interest In
the city, the entire delegation of visit
ors will be given three daye of almost
continuous entertainment.
Monday afternoon the delegates will
be taken to the Georgia School of Tech
nology. They will be shown through
this splendid Institution by President
K. G, Mntheson, who Is also chairman
of the committee on the visit, to Tech.'
Tuesday afternoon at 1 o'clock the
delegates will be taken to Cold Springs,
where a barbecue will be served. May
or Joyner ts chairman of the barbecue
committee, and he announces.that ev
erything will be In readiness for this
entertainment, which will be something
unique and new tV-most of tho foreign.
“BOO HOO”
Shouts a Spanked Baby.
A Doctor of Divinity, now Editor of a
well-known Religious paper, has writ
ten regarding the controversy between
Collier's Weekly nnd the Religious
Prees of the Country and others. In
cluding ourselves. Also, regarding suits
for libel brought by Collier's against us
for commenting upon Its methods.
These are his sentiments, with some
very emphatic words left out:
"The religious Press owes you a debt
of gratitude for your courage In show,
log up Collier's Weekly as the "Yell-Oh
Man.” Would you care to use the In
dexed article on the "Boo Hoo Baby”
as ths "Yell-Oh Man’s" successor?”
"A contemporary remarks that Col
ller’s has finally run against a solid
hickory ‘Post’ and been damaged In Its
o«n estimation to tho tune of 1760,-
Mo.no,
"Here la a publication which has, In
utmost disregard of the facts, spread
broadcast damaging statements about
the Religious Press and others and has
suffered those false statements to go
uncontradicted, until, not satisfied after
finding the Religious Press too quiet,
»nd peaceful, to resent the Insults It
makes the mistake of wandering Into a
fresh field and butts Its rattled head
against this Post and nil the World
laughs. Even Christians smile as the
Pott suddenly turns and gives It back
« doso of Its own medicine.
"It Is a mistake to say all the World
[ought. No cheery laugh comes from
Collier’s, but It cries and boo boos like
« spanked baby and wants 1760,000.00
t0 ,"?othe Its tender, lacerated feelings.
Thank Heaven It has at last struck
» man with ■back bone’ enough to call
« spade a 'spade' and who believes In
telling the whole truth without fear or
favor."
Perhaps Collier’s, with Its "utmost
disregard for the facts," may say no
•uch letter exists. Nevertheless, It Is
“n file in our office and Is only one of a
mass of letters and other data, news
paper comments, etc., denouncing the
yellow" methods of Collier’s. This
volume |g so large that a man could not
go through It under half a day's
iteady work. The letters come from
various parts of America.
usually a private controversy Is not
' n, ' re, tlng to the public, but this Is a
Public controversy.
•[“"ler's has been using the “yellow”
methods to attract attention to Itself,
“ut. Jumping In the air, cracking heels
together and yelling, "Look at me,”
•'V, n’t suffice, so It started out on a
Th* n Thou” attack on the Be-
iiflous Press and on medicines.
j.; y e leave It to the public now, as we
“Id when w« first resented Collier's at-
'*'**■ to say whether, In a craving for
, 1 nsstlon and circulation. Its attacks
not amount to a systematic merce-
**■7 hounding. Ws likewise leave It to
the public to say whether Collier's, by
Its own policy and methods, has not
made Itself more ridiculous than any
comment of ours could make It.
Does Collier's expect to regain any
self-inflicted loss of prestige by demon
strating thru suits for damages, that it
can be more artful In evading liability
for libels than the humble but resentful
victims of Its defamation, or does It
hope by starting a campaign of libel
suits to silence the popular Indignation,
reproach and resentment which It has
aroused 7
Collier's can not dodge this public
controversy by private law suits. It can
not postpone the public Judgment
against It. That great Jury, the Public,
will hardly blame us for not watting
until wo get a petit Jury In n court
room, before denouncing this prodigal
detractor of Institutions founded and
fostered either by Individuals or by the
public Itself.
No announcements during our entire
business career were ever made claim
ing "medicinal effects" for either Post-
urn or Grape-Nuts. Medicinal effects
are results obtained from the use of
medicines. •
Thousands of visitors go thru our en.
tire works each month and see for
themselves that Grape-Nuts contains
absolutely nothing but wheat, barley
and a little salt; Postum absolutely
nothing but wheat nnd about ten per
cent of New Orleans molasses. The art
of preparing these simple elements In a
scientific manner to obtain the best
food value nnd flavor required some
work and experience to acquire.
Now, when any publication Roe* far
Enough out of Ita way to attack u» be
cause our advertising Is "medical, It
simply offers a remarkAble exhibition of
Ignorance, or worse.
We do clalnj physiological or bodily
results of favorable character following
the adoption of our suggestions re-
gardlng the discontinuance of coffee
and foods which may not be .keeping
the Individual In goon health. We have
no advice to offer the perfectly health
ful person. His or her health Is evi
dence In Itself that the beverages and
foods used exactly fit that person.
Therefore, why change?
But to the man or woman who Is ail
ing. we have something to Bay as a
result of an unusually wide exper'yncc
In food and the result of proper feed-
Ing.
In the palpably Ignorant attack on us
In Collier's, appeared this statement,—
"One widely circulated paragraph la
bors to Induce the Impression that
Grape-Nuts will obviate tha necessity
of an operation In appendicitis. This
Is lying and potentially deadly lying.
In reply to this exhibition of ——well
let the reader name It, the Postum
Let It be understood that appendicitis
results from long continued disturbance
In the Intestines, caused primarily by
undigested starchy fond, such as white
bread, potatoes, rice, partly cored
cereals and such. ... ....
Starchy food is not digested In the
upper stomach, but passes on Into the
doudenum, oc lower; stomach and In
testines, where. In a healthy Individual,
the transformation of the starch Into a
form of sugar Is completed, and then
the fond absorbed by the blood.
But If the powers of digestion are
weakened, a part of the starchy food
will lie in the warmth and moisture of
the body and decay, generating gases
and irritating the mucous surfaces un.
til under such conditions the whole
lower part of the alimentary canal, in
cluding the colon and the appendix, be
comes Involved. Disease sets up and
at times takes the form known as ap
pendicitis.
When the symptoms of the trouble
make their nppearance, would It not be
good, practical, common sense, to dis
continue the starchy food which Is
causing the trouble and take a food In
which the starch has been transformed
Into a form of sugar In tho process of
manufacture?
This is Identically the same form of
sugar found In the human body after
starch has been perfectly digested.
Now, human food Is made up very
largely of starch end la required by the
body for energy and warmth. Naturally,
therefore, Its use should be continued,
If possible, and for the reasons given
above It Is made possible In the manu
facture of Grape-Nuts.
In connection with this change of
food to bring relief from physical dis
turbance, we have suggested washing
out the Intestines to get rid of the Im
mediate cause of the disturbance,
Naturally, there are cases where the
disease has lain dormant and the abuse
continuer! too long, until apparently
only the knife will avail. But It Is a
well-established fact among the best
physicians who are acquainted with
the details above recited, that pre
ventive measures are far and away the
best.
Are we to be condemned for suggest
ing a way to prevent disease by fol
lowing natural methods and for per
fecting a food that contains no "med
icine” and produces no "medicinal ef
fects,” but which has guided literally
thousands of persons from sickness to
health? We have received during the
years past upwards of 25,000 letters
from people who hnve been either help,
ed or made entirely well by following
our suggestions, and they are simple.
If coffee disagrees and causes any of
the ailments common to some coffee
users quit It and take on Postum.
If white bread, potatoes, rice and oth
er starch foods make trouble, quit and
use Grape-Nuts food, which Js largely
predigested and will digest, nourish
ers and many of the Easterners.
A Progressive Dinner.
Tuesday night a progressive dinner
will be served at the homes of promi
nent Atlantans In Peachtree street. The
first course will be eerved at the home
of Air. and Mrs. John E. Murphy and
the laat at the governor's mansion. The
Intervening courses will be served at
the homes of Dr. and Mrs. J. D. Turner,
Mr. and Airs. W. A. Wlmhlsh and Mr.
and Airs. W. H. Kiser, all on Peach
tree street.
A special "piloting” committee was
appointed at the meeting of all the
committees Saturday afternoon, with
H.ahvle Jordan os chairman. The other
members are Messrs. Roberts, Peel,
'PaxAn, Cabanlse, Hannan and Pope.
This committee will "pilot" the dele
gates to the different homes In the or
der In which, the courses will be served.
Wednesday afternoon the members of
the Atlanta Automobile and Good
Roads flub will take the visitors on an
auto ride through the city and to the
points of Interest In and about Atlanta,
winding up with a visit to the big cot
ton mills.
First Business Session.
Ths first business session was held at
10 o'clock Alonday morning. All the
meetings will be held In the halt of the
house of representatives at the state
capltol.
The total attendance at the conven
tion Is In the neighborhood of 600. Of
these 115-arc foreigners, about 160 are
Eastern spinners, a few are from the
West, nnd the remainder are the spin
ners and the cotton producers of the
South. The following organizations are
represented at the convention;
The Association of Cotton Mnnufac
furors, the American Manufacturers’
Association, ths International Cotton
Spinners' Association of Europe, the
Southern Cotton Association, the Farm
ers' Educational and Co-operative
Union.
Tho purposes of tho convention are
manifold. Chief among these may be
mentioned; The prevention of specula
tion In the cotton exchanges; the pre
vention of violent fluctuations In the
price of cotton; tho discussion of the
proper methods of baling and ware
housing cotton; the establishment of a
closer union and a better understand
ing between the grower and the spinner
of cotton.
The following topics will be discussed
during the convention:
1. Better cotton by seed selection, etc.
2. Improved ginning. \
I. Compressing, l
4. Uniformity of bales.
Trsnsportstion,
1. Country damage.
2. Warehousing.
3. Transportation.
4. Insurance.
Contracts of Cotton Exchanges.
1. Uniform classification.
2. Contracts of exchanges.
Buying and Selling.
I/Equltable tare.
2. Buying net weight.
8. Stability of price.
4. Buying for future delivery,
6. Speculation.
Reports and Statistics.
1. Government crop reports.
2. Statistics.
For Tuesday.
10 a. m.—Reports of sectional com
mittees and discussions pn topics sub
mitted.
1 p. m.—Take cars at the capltol for
Cold Springs.
1:30 to 3 p. m.—Barbecue at Cold
Springs.
I p. m.—Trolley ride to points of In
terest.
3:10 p. m.—Meeting of sectional com
mittees at capltol.
8:30 to 11 p. m.—A series of recep
tions to' the delegates at' prominent
homes on Peachtree street. Including
the governor’s mansion.
For Wednesday.
10 a. m.—Reports of sectional com
mittees and discussions of topics sub
mitted at both morning and afternoon
sessions.
3 p. m.—Automobile ride to points of
Interest, Including the cotton mills, for
delegates who wish to accent the In
vitation.
6:30 p. m.—Final adjournment.
The Officers are: President. James A.
MaColl. Providence, R. I.; vice presi
dent, C. W. Mat'ara, Alanehester, Eng-
S.C.A. COMMITTEE
MEETSjIM
Campaign For 15-Cent Cot
ton To Be Pushed Through
out South.
MASTER COTTON SPINNER
DELIVERS FINE ADDRESS
A mooting of the executive committee of
tho Southern Cotton Association > la being
held in the library at the state capltol
Monday afternoon for the purpote of formu
Intlng plans for bolding tho price of cot
ton at a figure oot less than 15 cents per
pound.
The committee hopes to accomplish' this
by an aggressive campaign and a series of
addresses throughout the Southern ststes.
President Hurvle Jordan will, In all proba
bility, Im» placed In charge of the cam
paign. The association has determined that
outside Influences shall not control the price
of cotton, and the pinna for enforcing this
determination will be discussed In detail
at the meeting Monday afternoon.
The committee will also consider the
roposltlou to establish bonded warehouses
..j each county In evory Southern state.
This plan has already been adopted In
North Carolina, and Is proving most satis
factory, The plan Is to organise a stock
company In each county with a capital
stock of a million dollars or. s basis of 20,090
bales of cotton. The warehouse la then
built, a buyer Is put on the streets to buy
all eotton that Is being offered nt less
than the minimum price, and It Is store*!
In the warehouse nnd kept there until the
price demanded Is reached.
The committee will hold several sessions
during the present week.
LEASED WIRE MEN
MAY YET STRIKE
New York, Oct. 7.—In spite of the
fact that Sylvester J. Small, president
of the telegrapher*' union, la opposed
to calling out the men on leased wires.
It la likely that the men will be called
out Wedneaday. Fifteen thousand mes
senger boys were called out today,
GREEK BANISHED
FROM ATLANTA
Jim Lewis, the young Greek who
was arrested Friday for annoying at
tentions to Miss Blrtye Ward, a pret
ty young stenographer employed on
South Pryor street, was fined $5.76 In
the recorder's court Saturday after
noon. Lewie promised to leave Atlanta
If the penalty was made light.
Khorastans Parade.
Following Fraternal Day at tlf- state
fair, on October 19. members of Klhla
temple. No. 123, are planning to have
a grand street parade. It will be In
the evening and the. Illuminations will
be brilliant. It Is expected that over
400 men will be In the parade.
The following address was delivered
by C. W. Macara, chairman of the com'
mlttee of the International Federation
of Master Cotton Spinners' and Man
ufacturers' Associations, and president
of the English Master Cotton Spinners'
Federation, at the Monday morning
session of the convention:
“The position 1 have had the honor
to occupy for many years In connec
tion with the English Federation of
Master Cotton Spinners, and. during
recent years. In connection with the In
ternattonal Federation of Muster Cot
ton Spinners' and Manufacturers' As
soclations. has rendered It necessary for
me. In conjunction with my colleagues
on the committees of these two organ!
zntlons, to devote much careful atten
tIon to the solution of many dlfficul
problems'as they have arisen In con
nectlon with the carrying on of the col.,
ton Industry us n whole. The results
accomplished have been most encour
aging: nnd a perusal of the reports of
tile four International Cotton Congress,
os. which were held successively In
Switzerland. England. Germany and
Austria, will,show what the Interna
ttonal movement In the |tast lias coin
inunded, in so short a time, so much
attention tn government circles. The
possibilities of commercial energy, en
terprise and organisation, aided by the
support of the governments of the
countries Interested, are unlimited. The
report of the fourth International con
gress Is Just Issued both In America
and Europe. A copy of this highly
Interesting document has been provided
for each delegate to this unique con
vention of cotton planters and spinners,
and will, I hope, materially facilitate
the discussion of the numerous Impor
tant subjects which sre to be dealt
with. Such being the case. It Is unnec
essary for me to enlarge on these sub-
^*”The International Cotton Federation
was formed to further the welfare of a
world's induHtry, and Includes within
the scope of Its operations everything
In which Interests common to all are
Involved. An organization with such
films can not be successfully carried on
except by working on the broadjf*
lines, and with due regard to the legit
imate Ihterests of all who are engaged
In the Industry, whether they be the
growers of the raw material, the legit-
(mate middlemen who nre responsible
for thi distribution of that raw mate
rial. tno Isppners, the' manufacturer*,
or of any other interests thit are de
pendent upon them.
"All these are entitled to a fair re.
numeration for their labor and enter
prise, and anything that
with the smooth working of on Indus
try that concerns the welfare of mil
lions of people ought to be energetical
ly dealt with by united action and re-
m "Those I have Just enumerated are
necessary factors In the conduct of this
great Industry: but there are, unfor
tunately, people who are not engaged In
any of these departments who are us
ing the raw material of a world s Indus
try as a counter for gambling opera
tions. . . , ,
"Simultaneously with the second In
ternational Cotton Congress, which was
held In England In May. 1905, there met
In Rome, at the Invitation of the king
of Italy, an international congress of
the representatives of many nation*
delegated by their government* to dis
cuss a scheme for bringing Ihe agricul
tural Interests of the world Into line.
The Idea was conceived by Mr. David
Lubln. an American cltlsen. who suc
ceeded In getting the energetic and far-
seeing king 6f Italy to take the Initia
tive In a movement the success of
which Is. I think, now practically as
sured. The International Cotton Fed
eration. which la kindred In Ita alms,
has cordially co-operated In this move
ment. In the light of what has been
achieved, there la a fixed conviction In
the minds of all who have taken part
In the work that It Is by International
combination alone that the Interests of
any world-wide Industry can be ade
quately safeguarded.
"The first practical work of the In
ternational Cotton Federation was to
endeavor to secure thoroughly reliable
statistics of ths annual consumption of
the raw material and stocks In the
hands of spinners nt Ihe middle and
end of each cotton season, and as there
are already returns obtained from the
owners of about 100,000,000 spindles
It Is expected that It will not be long
ere a complete return from all the spln-
dlee In the world will be available.
The International Institute of Agricul
ture has similar alms In view as re
gards furnishing reliable statistics of the
supply of agricultural products. Includ
ing, of course, cotton. When these two
sets of statistics are available It Is ob
vious that the work of the outside ma
nipulator of prices will be rendered ex
tremely difficult. If not Impossible.
"The American cotton crop plays
such an Important part In the supply
of the world's needs, that operations
which affect tt practically affect, more
or less, the entire cotton crop of the
, — ■ nent, w . aia. sra, aiam-nexier, r.ng-
and strengthen when other forms ofj | ln q. vice president, llurvle Jordan,
f.i.ul do not. it's Just plain old common Atlanta, Go.; vice president, B. B. Tan-
„ rns ,, I ner, Henrietta, N. C.; vice president.
There's a Reason" for Postum and (Charles 8. Barrett, Atwater. Oa.; sec-
Orapc-Nuts riftary. C. J. H. Woodbury, Boston,
Postum Cereal Co., Ltd. Mass.
You may buy coffee which
costs you a trifle less than
Arbuckles’ Ariosa Coffee, but
you really pay more for it and
do not get as good coffee.
Don’t get confused—Arbuckles’ Ariosa
Coffee is really the cheapest good coffee in
the world.
In s. alcd packages for your protection,
ARBL'CKI.B BROS.. New York City.
world, and when consideration Is giv
en to the colossal dimensions of the
world's cotton crop, and to the fact that
the raising of the annual average price
by Illegitimate speculation by even 1
cent per pound represents £13,000.000
(190,000,000), tt must be obvious that
it Is time that some determined effort
was made to rid the Industry of this
serious and unnecessary burden.
"It Is Impossible to Imagine any more
Important work, or one In which grow
ers and spinners can more readily Join
hands, as It is Inimical to the Interests
of both that such colossal sums sljoul.1
be extracted by those who neither grow
cotton nor manufacture It. nor. Indeed,
render any actual service In the distri
bution of the raw material or Its man
ufactured products.
“Cotton planters have been urged
from time to time to hold for extreme
prices, hut It Is doubtful If the adop
tion of such advice would In the long
run be to their advantage. It must
never be lost sight of by the growers
that this staple supplies the clothing
for the poorest people of the world In
every country, and that applies more
icrtlcularly to the 700.000.0Ui) In India
and Chinn, to whom a great rise In
price certainly meane a limitation of
their purchasing power, with a conse
quently reduced employment for the
spinners and manufacturers of the
world, upon whom the growers of cot
ton are dependent. It has been the aim
of nil engaged In the manufacturing
of cotton for many years to reduce the
cost of production by taking full ad
vantage of science and Invention, anil
great economies have been effected. I
think It would be well If this example
were followed by the growers of our
raw material.
"In addition to the saving which
might be effected by t)ie suppression of
outside manipulation, very great econ
omies might also be effected In the cost
ot growing: handling and marketing
cotton, as Is made.evident In the report
Issued by the Lancashire private cot
ton Investigation commission, which
will be found In the appendix of the
report of the fourth International cot
ton congress.
•'The great majority of people who
are engaged In the growing of cotton
and Ita manufacture are too much oc
cupied with the concerns of their own
businesses to have followed the enor
mous, development of the cotton Indus
try. Thirty yeara ago the total crop of
the United States was only about (.-
500,000 bales. Now America herself Is
using annually 6,000,000 bales out of a
crop of 11,500,000. The crops of the
other cotton growing countries hnve
also Increased largely, nnd nil this cot
ton has gone Into consumption.
"With the spread of civilisation, cou
pled with the success of tho effortx
which are now being made to reduce
the possibilities of war. It Is not, I
think, taking too sanguine a viqw to;
assume that the progress of the next,
thirty years will be In a much greater
ratio than that of tho past thirty yearn.'
With such prospects' before u*. It Ik
essential that we should encourage. In
evory way, the enterprise of all who nro
endeavoring to make provision for tho
ever-increasing demand for the raw
material of an Industry that plays so
Important a part In the clothing of the
people of the world.
Great efforts have been made during
recent years to develop cotton growing
In the colonies und dependencies of
European nations, and many enthusi
astic vlewa are expressed with regard
to the progress that will bo mode In
these new countries. Although 1 am
of opinion that the experience of Amer
ica In the early years of the cotton-
growing Industry will probably be re
peated, and that the progress will be
slow, there la little doubt that any at
tempt on the part of the American
growers to maintain prices at an ab
normally high level will have the effect
of giving an Increased stimulus to
these efforts, and progress may conse
quently be much more rapid than under
normal condition*.
■What Is equally Important, however.
In the Interests of the cotton industry
as a whole, la that prices ot the raw
material should not be reduced to a
level which will not adequately re
munerate the growers. We shall cer
tainly have, as In the past, bad seasons
alternating with good, but as cotton,
unlike most other agricultural produce,
can be stored for yeara without de
terioration. It would surely be wise and
prudent, In tlmee of over-abundance, to
establish a reserve for years of partial
failure, which would also have a
steadying effect on prices.
In conclusion I should like to em
phasize that, taking Into consideration
the magnitude of the Interests Involved,
the risks to which the cotton plant is
exposed and the prospect of the contin
ued development of the world’s cotton
Industry, we should be short-sighted
Wdccd If we did not take energetic
measures to Increase our present sup
ply of the raw material, to broaden the
basis of that supply, and likewise give
attention to the establishment of a re
serve In years of abundance as an In
surance against years of partial failure
and all the suffering which this entails.
1 quite appreciate the great difficulties
which surround this last suggestion.
I but when difficulties are resolutely
I faced it Is wonderful how they can be
| overcome.
i “Important as are the objecte of this
J convention which has brought the men
(of so many nationalities together, tt Is
(even more Important as affording an-
I other demonstration of how much the
| Interests of all nations are bound up
[together. The more fully this can be
realized the greater will be the suc-
| ers* Of the efforts which arc happily
I being put forth by exalted per*.mages
i and the governments of the world to
j remove International Jealousies, to set-
j tie International disputes by arbltra-
I lion and to promote peace and good
will among men."