Show PRESIDENT FAVORS THE COTTON COlTON POOL PLAN OF BELIEF W WASHINGTON Oct 9 Plans Plaus Plaus for forthe forthe forthe the proposed cotton loan Joan fund of were wore up for discussion today by bya ft II committee of the federal reserve board loard antI and J J. Wado Wade of ot St. St Louis onit d other banker bankers Details DebUs of the tho plan drawn up by Mr Wade Wad to r relieve the the cotton crisis were laid before tho the board committee by by- him President Wilson who approves cs the proposed pool i not in inclined to 1 lo c- c o lic that the loan lORn of the to cotton planters would ouM causo camo danger cr crOt of Ot a u cotton otton corner for ho ha thinks subscriptions subscription to the thc pool will wili be bo widely enough h distributed to prevent any anything thins of this kind Tie He is of ot tho the opinion that the cotton crisis crisis cannot bo be fully tact met as IS tho the war is is entirely responsible for it it itt and loud until tho conflict is ended tho market for lor cotton will be greatly limited Tho rho president points out ont that the tho most serious sta stage stapo o of tho the situation is il yet ret to come conic as ns except ex cx- copt in Texas the crops Lave have not been gathered |