| Show f au COTT Will Wi I Refrain Irom American Product to Check Checkmate mate Gambling WILL MAINTAIN THE FIGHT h Have h Cotton Coton on Hand aud to Keep leer Up I I or I Aug Aur I 1 not only In but all I 11 he Federation of t 11 tp Cotton i JUnti lanu ha have l wai 11 the I hi potion 0 I tl That In II Ih meaning of ot lh rn nt reached nt al th em r nty mep I of the yf e R It I was wu d to 10 irge every Iry cotton oln r 1 lu I and Ind America to 10 refrain from American cotton colton during th thiM iM three month except elt for tor Im hn Immediate mediate It I I U recognised here a an the Ihl most Important tl ever taken I by the of ot Ih the frt r it cot COl cotton ton Indu Industry tr to 10 prevent an al In of the price nf the Ihl r ra material nuch an A Rn and was WOI 1011 when hen the Sully corner coner O ON SUBJECT the mut which vu II given out nut fur publication at the conclusion of ot the meeting ha has already alre be been d to America un 11 Interview which I have jum had with W r lcara or the wll nt AI tho thrown an Rn on tho aimed at nt nd the means by ly which It IN IK nought to 10 them WOT OT A ACT I am laid Mr Mar 1 ii III that It be In II America that this Ihl I In no II n n movement bout to 10 the American cot cotton ot ton Ion The w hl have reached ban been forced upon u I b by I the he IMI y of at taking Ile Bt p to th the effect 01 on the trade brought about by 11 the r recent ent enhancement of or the price of or the 1 material due to 10 Ih the action Iclon ot or ring We 1 united ni 1 we are In deadly Although Ih the 1111 meeting WUI by hy tele telegraph graph It t wa attended b by I liven II of or the HK from nil Il over oer J Europe The Muster Spinners in II of ot which I am II 11 the president alone landl for tor We Wo deliberated on tho Iho matter for er Ix hour hourI before we foi imitated our agreement OF nl IA Ue f hold that there l II moro important for tor thle grent lOlOI otton than n to ild It II of the curse url of or Rambling In lt Il Ia raw W material I IJ J penny per er pound that Ihal U II addon to 11 the i out of ot the raw material h by an Rd d process 01 I of ot lal many million of ot otI I pound IU In II the co cost t 0 of the La Lalit ear the HIe cot oot cotton ton Ion crop wan rat ed b by I this his meant I of ot average from tall four I pence a pound which would have been beenA A fair price to en pence a 1 found In American mOlle money that means a II rt rtIn rift In price from EIM ent lo tn 14 canti a It pound I hs have calculated that It k r rf tn In taking out of or Ih the I mi u try roughly In your money In the main the gamblers alMe ho profited hy by It The repetition of at this fl of thin thing will the Induct Indu ry inflict Incalculable lo lOlls a ami nt and Involve In ruin Non Ol that w wo perceive the tame am at It work aln and her hero already in greatly Iho of raw we e nr d de determined to every vr menu In our power to 10 rut Iut a II it top p to their methods method w We nn anticipate that in American will 11 U us American cotton manufacturer Continued on PIt page 11 t fU BOYCOTT O C TT or OF OUR C COTTONS TT Continued from page ore 13 the he same Interest In jetting r the raw m t at a fair price t that hilt c 0 hll have v Anti And so o bin have the consumers of course the question Is II a more vital one In lit Eng England land lanil than Ihan to an any other continent tal nt mit engaged ened In the Industry H it Is III a 11 aIU bigger one here While they manufacture chiefly for fur their own population wo we vend lId our goods good to tit mil toil lions Hong In China and anti India I the thu people In tho world When prices K go goU U tip lP tile they Cit can no 00 longer JonKer II afford to tIm buy the continental III aria In hearty accord with ut us Tin Ih bond of Qt Self elf Interest unites u II us lito SUPPLY While American roughly speaking Making repreSents of if t tte wOId supply an II It Lii 11 en n of ot It IL lf price Is III followed by m 1 a increase In the of or the mu omit mut t trial from other sources lOue The price at Which American cotton l Is h heidI the tite h market price tar for the rest reMt of ut t the tha h world J It U Is III for tor that r t on that thai we weh wehe hi he h vt decided not hot to purchase American cotton for Cor the next throe three month t 1114 J Tint will the a he able to tu g get It t along 1011 without Am Ami r bait cotton collon for tor the tho next three month I a asked aked k d D That matter matler was wal gone gnus Into ill 1 our meeting replied d Mr Mm 11 Mar l lIua Iua We ar are In excellent t to 10 tomake make the fight I yeats crop Crol wi ivia t good unit It hi hits Ic been lieen en s H that I there thero erG will win bi bl at lit h i t 2110 lOO bales Available t to add to the lIew crop crup by boom mem b ht ri at II to the conditions in lii inthe Ih the countries represented showed hll I that the cotton industries hL hive VI on un unbind hand bind ample supplies to cover oer thell en engagement for fr the next three or four tour months With possibly a tt few tew exceptions exceptions cotton spinners spinner do not nee need to enter the cotton otton market before beton the new nw cotton crop arrives at the thu end of or Oc October tober What hat we propose to do ito theme for tor Is II simply to 10 out of It U and lot let th cotton speculators I deal us as best bet they ca can with the situation they ha have crested cre sted It 4 It If some of them come ome to grief w We shall hed no tears It Int goIng oln to be our funeral this time I R Misleading u ae to th the extent tent of the tho new crop crOll hu hays have v b been n circulated in n the tho Interest of the Ihl speculators S When accurate figures figure como come in we IVI v shall hull c n the he situation and take what 1 ver IVr steps step may b be necessary to meet It hi should hould the supply u prove proe lou lens I than han this nil We are determined that spec Ilet speculators shall hall not control tho the market marketA A As AI tot for the American cotton colton growers re we WI weave have Jv ave none but the best bet feeling fur them W We wish them II to get t a II fair price tot for their raw material and end are aru wining wifling to 1 pay lily It Even if It I the hf most mom sanguine e n of tho those engaged In lit the for supplying BrItish spin dl die with cotton grown within the empire are ure realised It must mut b blong be belong long yr year ear before beCome we are Independent of the American supply |
