Show CRISIS I THE COTTON JIEG1ON Inability of Banking Institutions to Turnish 3Ioncy NEW YOKK Aug 12 Sradstrcets says Owing to the inability of the banking bank-ing institutions of the south to advnco money to move the cotton crop a crisis in the cotton region is imminent I would require 50000000 r move the estimated c crop 6000000 bales A large part of the crop is raised by negro tenant farmers who relyon the owners advance money for picking ginning pressing and bali bal-i This they r now unable to do In view of this emergency the secretary oft of-t lreasary of the United Steles has just made an arrangement by which on the 0 deposit of currency with the subtreasury in New York the government will telegraph tele-graph the subtreasury at New Orleans toP to-P a like sum in silver dollars which will go far to relieve the stringency A dispatch from Mobile says Tho bankers ridicule Bradstreets report of a probable crisis in the cotton regions owing ow-ing to want of currency When the time comes be forthcoming they say all necessary funds will A Charleston telegram says inquiry among bankers elicits the information that the banks will be abundantly able to furnish money to move the cotton crops Onequarter of the fifty million needed is already in the hands of farmers and as soon as crops begin to move enough cash will be forthcoming t complete the harvesting |