Newspaper Page Text
COST OF RAISING r COHON IS ABOVE — U Solution of South’s Problem Has Been Most Difficult In Whole Nation MEANS SO MUCH TO , COUNTRY AS WHOLE New York Feels That Pressure Is Not Necessary to Secure Reduc tion of Acreage For the Coining Year *7 BOLLAKD I New York, November 30.—(Special.) As good an authority upon the cotton * industry, both manufacturing and pro ductive, as any in the United States said, on the day of the opening of the cotton exchange, that two factors are the chief ones which establish the cost of production of raw cotton. One of these is the cost of the Jiving and the other the market price for fertilizers. There are other incidental items as, for instance, interest upon money invest ed or the rate exacted for loans based upon mortgage security. These two, hewever, are the chief ones and these ( two, in his opinion, would this year have made it impossible for cotton planters to harvest and put upon the market * crop at a cost of certainly not less than 9 cents a pound and pos sibly as much as T0V4 cents a pound. The cost of production is a factor with which the European war ard the abnormal market situation have noth ti.g to do. These factors existed and w*re influential before the war in Eu i rope began. ? There seems to be some difference of opinion among those who are re garded as authorities on the cotton CASTORIA For Infants and Children. Mothers Know That Genuine Castoria Always Bears the * Signature ki ♦ In * Use For Over Thirty Years CASTORIA ***** 9 PP*1' THE OCMTAUW eOMHNV, NEW YORK CITY. m ■ II ■ D II ■ II ||l * II |w H I America’s finest train n ■ M || I The onfy etefare train I between Chicago and I Los Angeles. ) I OntMweek, traversing the 1/ Sotnhwestlandorenchantment j "Btrafist-qjttrafineeflrafaie'; By I] ¥inter season begins Jan 18 ttarp fifth. Mato reserve- g B tions noW. I ,'V P. E. Eo«*n, Sou. Pin. A*l, :>• 2 N. Pryor St., AtlantaTu*. ffc hB rjri vfty. v». jJ - Jfiii THE EASTERN THEATRE OF WAR I; *— - ———-: :- ---■ ■ —i 1 :: GERMANS SURROUNDED NEAR LODZ, WITH THE RUSSIANS HAVING ADVANTAGE. I Officially the German report says the final result In Poland is still pending. The Russian report saye t the battle of Lods continues to develop, with the advantage on the side of the Ruslans, and adds:—“The T German troops, having reached Brseeiny, are now retreating to the region of Strykow.” A semi-official do- J ’ spatch from Petrograd says the Russians, with their left on the Wart he and their right on the Vistula, along $ ; the Warsaw-Xaliss railway, moved forward. Then the centre gave way, and the Germans pursued, relying t “ on a column from Wielnn to repulse the Russian left wing. This column was defeated, the Russian wings I ' ■ closed the gap an$ the Germans were surrounded. t irdustry as to what the market price of cotton would have been this year had there been no war in Europe. The harvest Is of almost unprecedented quantity, so that there seems to be likelihood that the supply would be in excess of the demand, which, of course, would affect the market price But even with respect to this mat ter there is difference of opinion. The world's demand for cotton appears to haye been Increasing: relatively in sym pathy with the increased production it self. Our own populatjofi is increasing: to rapidly that according: to the best estimates we shall have a poulation by 1950 of at least 150,000,000. Every man woman and child here or anywhere else is dependant upon cotton for clothing end articles of domestic use. Furthur more, w ith the 'opening of the Panama canal to navigation, It is probable that there will come a considerable demand for American cotton sr cotton &oods in South America. On the western coast of the South American continent, cotton mills have already been establ shed. come of them representing investment by American capital like that furnished by William R. Grace and company. The Cotton Situation There are many phases of the pres ent cotton situation unlike any other associated with our national Industry or our export trade and It Is In view of these that Festus J. Wade of St. Louis conceived and then worked out a plan for establishing a cotton pool of *135. 01)0,001). This Is a purely emergency measure. It alms to reach and cover some of the dllfloultlcs which have been caused by the outbreak of the European war. And yet there begins to be evidence that the cotton manufacturing nations of Europe, even Including Germany, are now strongly disposed to enter the American market, especially at this lime when the market quotations for cotton are below the cost of produc tion. Exports of cotton are Increasing each week by many thousands of hales And yet the purchase of these large cargoes of cotton, some of which are designed for Germany, can give only partial relief to the cotton planters of the south. One of the reasons which persuaded Mr. Wade that his plan Is expedient Is the certainty that there can be no great loss to the planters of the south on account of their cotton harvest of this year without thereby entailing ef fects upon general American business which may to some extent retard the revival of general prosperity. On the whole, this cotton problem Is the most difficult—although It Is not of the Immediate and pressing Import ance of the others which American financing has now relieved—of all the problems raised by the outbreak of wav in Europe. In some parts of the south there seems to be regret that the New York cotton exchange is open for business. And yet unless sotne new way can be discovered for financing the cot ton harvests, present and prospective. It is Inevitable that the kind of deal ings which are carried on upon the floor of the cotton exchange will In the long run be of advantage to the cctton planters. If there Is anything which has been taught by the experience of the cotton exchange it Is that whenever cotton or. In fact, any staple commodity sells lower In the open market than the cost of Its production, It is certain speedily to recover and sell at a fig ure reasonably above the cost of pro duction. That effect is inevitably pro duced through the operations upon the floor of the cotton exchange. Some Intimations have come to this city that In certain parts of the south pres sure is being brought to bear upon the planters with Intent to compel them, cer tainly to persuade them, to plant loss cotton In 191* than they have for some years been doing. But the opinion of those who are o* authority In the cotton exchange la that no pressure of that kind will be necessary. There Is likely to be voluntarily curtailment of cotton plant ing next year. What la lost In cotton may be made up In other agricultural prod ucts, especially corn, for It la now known that several of the cotton producing states of the south have In soli and cli mate the beat of all qualifications for the production of abundant harvest of Indian corn With the present diversification of Industry there Is no danger of overpro duction of this cereal. A Waterway For Grain A year ago, at the time when It was practically certain that the Panama canal would be ready for navigation some time In 1914, Intimations came to New Y'ork that the canal wa# In all probability to be utilized for carrying unbroken cargoes of grain, principally wheat, from our Pa cific coast and British North America to Europe. It was the understanding In Can ada that a considerable portion of the wheat raised in her northwestern wheat region would be shipped from Vancouver to Europe by vessels which would pass through the Panama canal. This was understood to be one of the reasons why the Cunard company absorbed one of the leading steamship companies of Great Britain. Already there has been justification of this prediction. From the Pacific coast there have been cargoes of grain of all kinds aggregating considerably more than *3,000,000 carried within a few weeks in a large number of eteamere whose ulti mate destination was some one of the European ports, principally Liverpool. This Is only a beginning. Grain from the Pacific coast of North America, sugar from Hawaii and nitrates from Chile are to make up the greater part of the com merce wlileh passes through the Panama canal the tint yew of He operation. » » IS FIRST MEASURE Business Will Proceed Next Week as Though Adjourn ment Was Overnight LIST OF THE BILLS WHICH ARE PENDING So-Called Radium Bill Will be Next in Order After the Disposition of Henry’s Cotton Relief Bill Washington, November 30.—(Special.) Although 44 days will have intervened between the adjournment of Congress on October 24 and the opening of the regu lar session on December 7, the House will proceed to do business just as though the intermission had lasted only over night, and the proceedings will be taken up exactly where they were dropped. Following the chaplain's prayer and the reading of the journal, the first order will be a vote on Representative Henry's motion to recommit to the committee on banking and currency a bill for the amendment of the federal reserve bank ing law, with instructions to the com mittee to amend by adding to it Henry's plan for cotton relief legislation The Henry amendment which he seeks to have tacked onto an administration measure, provides that the Secretary of the Treasury shall deposit $280,000,000 in banks of the cotton and tobacco states, to be loaned on warehouse receipts of those staples, on the closing day of the last session the previous question was ordered on the motion to recommit with instructions, but a quorum was not present and Congress adjourned. When the motion to recommit Is dis posed of in the coming session, the ques tion then will be on the third reading of the Senate bill for amendment of the banking law\ after wrhlch one motion to recommit the bill will be in order. Radium Bill Next Following the disposal of this Item, the so-called radium bill seems to be In or der, a resolution adopted September providing that this measure "shall be held and recognized to be privileged, aa are bills from standing committees of the House now privileged under the rules of the House." A maximum of four hours will be allowed for debate on the radium bill, half to be controlled by Representa tive Foster, In favor of the measure, and half by Representative Howell, opposed to It. When reported from the commit tee of the whole, the previous question shall be considered as ordered on the bill and amendments to final passage, without Intervening motion, except one motion to recommit. In the meantime, however, It Is expected that one or more of the appropriation bills will have been introduced and rules probably will be brought In to make these special orders for speedy consideration and passage. The appropriations commit tee has been at work for sometime on various measures and at least two or three will be ready when Congress gets together. On House Calendar Among the Important bills which have been reported 'favorably by House com mittees and are pending on the calen dar are the following: To authorize the carrying of mall by aeroplane, etc. Providing for compensation of clerks of United States district courts. To provide for and encourage the pros pecting, mining and treatment of radium bearing ores, etc. Canadian fisheries treaty bill. For the appointment of six vice ad mirals. Medal of honor bill. To provide compensation for employes of the United States suffering Injuries or occupational diseases In the course of their employment. To provide for stock raising homesteads. To create the coast guard by combining th9 life saving and revenue cutter serv ice. To provide for the establishment and maintenance of mining experiment and mining safety stations. To authorize the Secretary of Agricul ture to establish uniform standards of classification for cotton, etc. To authorize the Secretary of Agri culture to license cotton warehouses. To purchase and operate merchant ves sels In the foreign trade of the United States. To regulate the wages of mechanics FREE! FREE!! Chickering Piano Genuine Diamond Ring Gold Watch First Grand Prize Second Grand Prize Third Grand Prize THREE GRAND PRIZES To the three neatest, correct answers, which arc the most artistic, unique and original to this Historical Puzzle; also over t '! 3000 Self-Filling Fountain Pens — Gold Plated Lockets and Chains, Handsome Penknives Directions In the puzzle picture are 10 faces. Can you find seven of them .’ Outline each face with a pencil or pen on this or a sep arate sheet of paper or other material and number them 1, etc. To the three neatest, correct answers, arranged in the most unique and artistic way, we will give, absolutely free, the three (Irand Prizes in their order named. In ease of ties a prize identical in all re spects with the tied for, will he given to each tying contestant. To all others answering this advertisement we will give, ab solutely free, ;i Self-Killing Fountain Pen. Cold Plated Locket and Chain or a hand some Penknife. Only one per son in a family can enter con test. Prizes must be called for within 10 days from date noti fied. Winners will he notified by mail. All answers must he in our hands not later than (i p. m. December 5, 1014. CONTEST CLOSES 6 P. M. DECEMBER 5, 1914. IMPORTANT—WRITE NAME AND ADDRESS PLAINLY Name .•. Street and Number. City.State... MAIL OR BRING YOUR ANSWER TO GRAND PIANO CO. 2024 Third Avenue Birmingham Alabama Hml laborers employed by the govern ment. Validating locations of deposits of phos phate rocks. Relating to the malntenanee of actions for death on the high seas and navi gable waters. To authorize the supreme court to pre scribe forms and rules and generally to regulate pleading, procedure, and practice on the common law side of the federal courts. Proposing an amendment to the consti tution of the United States, extending the right of suffrage to women. To establish a standard box for apples. To prevent Interstate commerce In the products of child labor. For the control and regulation of the waters of Niagara river. Incorporating the American Academy of Arts and Letters. Pending in Senate Borne of the Important bills which have passed the House and aro pend ing In the Senate are: Directing the Secretary of Agricul ture to furnish Information regarding Investigations of boll weevil and hog cholera plagues. To authorize exploration for coal, oil and gas. To amend the act relative to the pre vention of collisions on certain waters. To limit the effect of Interstate com merce regulations upon convict or pris on-made goods. To amend the act relative to dams across navigable waters. To regulate the Interstate transpor tation of Immature calves. To regulate the Immigration of aliens. To revise the Judicial code. To create a bureau of labor safety. To better regulate the services of licensed officers of the merchant ma rine. Amending the act relative to nation al defense secrets. Declaring the purpose of the United States toward the Philippine Islands. To amend the act relating to the postal savings ayatem. To prohibit the Importation of pris on-made goods. Limiting the hours of railways em ployes. To codify, revise and amend the laws relating to Influencing the nomination and election of, representatives and sen ators In Congr'eaa. Providing for government aid In the construction of rural poat and roads in certain cases. To promote the welfare of American seamen. To pension widow* and minor chil dren of veterans of the Spanish war and Philippine Insurrection. Relating to the anchorage of vessels In the navigable water* of the United States. To consolidate the veterinary service In the army. The water power bill. Bills which have passed both houses: To provide for enlarged homestead* (pending In conference). To provide for the registration of and to Impose a special tax upon all per sons who produce or deal In opium, etc. (Conference report submitted and pend ing). All bills which fall to come up for action or fall of Anal passage at this eesalon die automatically. HANGING WILL BE “FREE EXHIBITION” Jackson, Miss., November 30.—(Special.) The sheriff of Oktibbeha county lias tnada ready for hanging Dlt Scales and Peter Bolen, two negroes, December II, the gallows having been erected in a natural ampltheatre near town, where a splendid view may he had of the grue some spectacle by all who care to see. In this state the board of supervisors have the authority to say whether a b- ! gal hanging shall be in the open or he hind closed doors, and In this instance the | “fro© exhibition ' was determined upon. The udlon of the board of supervisors In ordering u public hanging has created a. great deal of comment In Oktibbeha, and the supervisors will be met by strong delegations of men and women when they assemble at Stark vllle tomorrow, de manding that their former action be re scinded and that the double hanging shall be in private. It has been 3*1 years since Oktibbeha had a legal hanging, and a great crowd of curious folk will no doubt visit Stark vllle on this occasion. The scaffold has been erected on the identical spot of the last longing, a negro named Scott Hell being executed on that occasion. The choicest and purest of tobaccos—a' wholesome ness most acceptable! FATIMA, the Turk ish-Blend cigarette **Distinctively Individual** Ok Golf Tournament PJnehurst, N. C., November 30.—P. L. Lightbourn of St. Georges Golf club, Ber muda, and J. D. C. Rumsey of Brooklyn, divided first honors In today's two-class medal play golf handicap here. Both turned in a net 74 for the 18 holes. Communication Reopened El Paso, Tea., November 30.—Railroad communications was opened today be tween JuajiPx and Mexico City, the Villa agency here announced. The line be tween Mexico City and Vera Crux is cut. Am fur as could be learned, General Villa and officials of the convention party have not entered Mexico City. KINKY HAIR Don’t be fooled by using some fake p re p Atlanta. Ga. aratlon which clalme to atraighten your Exelento Medicine Co.. hair. Kinky hair cannot be made straights Your Exelonto Qui- you are Just fooling yourself by using it. nine Pomade is one hair You have to have hair before you can grower which will do straighten it. Now this Exmlmntm Quutiae what you claim it will Pomade is a Hair Grower which feeds the do. It sure made my scalp and roots of the hair and makes the k airgrow very fast hsir grow very fast, aad you soon aan aca and cleaned the dsn- the results by using several times. It ia druff and stopped my a wonderful Hair Grower. It cleans dan hair from falling ins druff and stops Falling Hair atones. It week using it. I am loaves harsh, stubborn, nappy looking sending you my photo- hair soft and milky, and you can Ax up graph. You will see your hair the way you want It. We give *>ow teKft hyrto money back if it don’t do tbo way we now. 8ILIA GREENE, claim. Pries lie by mail, stamps or esin iron In Rlmlsikam Manufactured nai guaranteed kg y ij, Atluuta* tis. \ L__\