Show OPTION ANTI-OPTION BILL BILL HEARING IS LIKELY LIKLY WASHINGTON Feb FEb 15 The The method of delivery of cotton coton to fulfill th the contract Contract obligations represented in the transactions on time the cotton exchange was wal discussed at att t today's da s hearing of the option anti ant opton bill bi before before be he- fore the tIme house home houE committee on agriculture Vice Vie President Arthur lr R. R n Marsh of the New ew York Tork cotton exchange who ho continued on the stand t tried to make clear to the tho committee m T the e ex exact Act nature of the transactions tran tran- on change The placing of the ban on all future transactions threatened In the legislation pending before the committee has put both sides on their mettle and the hearing hear trig ing has really developed Into a three cor contest with Vice President Marsh former President Hubbard George W. W Neville and other factors of the New York Tork Cotton exchange were fighting for the fu futures fu tures and hedge systems which they be believe believe be- be lieve to be he vital to the exchange representatives representatives Burelson of Texas Sims of Tennessee and other members of the lower lowerhouse house louse representing the tho interests of their cotton producing states and the committee corn com which Includes several members from rom cotton states were prodding vigorously vigor into the whole question of futures the and procedure of change transactions |