| Show I i SOUTH SOUTHERN RN COTTON OTTON 1 SPINNERS Charlotte tf N 4 tf May Iny HIn ms his bt An fin tamal lar address to the Southern Cotton Coton 8 pinner association t Orge these lleta Iel strongly I favored building ot of the Isthmian giving gRIng It as 8 his ht opinion Ion that the t e dolton oton olon market manipulator u lator excelled an nn on the producer lirt ret and manufacturer m or Cf the staple itapU and nd endorsed t the lbs Ih open oven 5 floor ADor policy In China Mr r Hess le said In infant fant rt During tho the pas lut two 0 eal manufacturers Sport using cotton cuton la have failed to secure A it 1 proper rOllf margin magin maginot of ot profit has ha been ren during these the e est lost st It two years ars that cotton n manipulators have ave e held MId their greatest eWe sway a it I li is that between and are ar bought f 1 nd ml sold old annually fy In ibid his country while ke p actually produce an average ot of but b bales l J 1 t L Is bit it not plain that these thee cotton mar market market ket kel manipulators t have M nn an 1 unfavorable beating on th the profits of ot th the manufacturers In this country countr using American grown own cotton Except in A few fett ew special fabrics the price the manipulators m have haye fixed nud for tor cotton today Is Ii out of ot oil all al proportion f t the price the manufacturer can en realize for tor U it Is hi there not mot a remedy for tor situation If It the he cotton manufacturer could arrange to 0 buy hUY 11 hU his years supply cupply of ot raw rat rw stock stok b by making makl g Iii hi purchase during the period trl rutn Tr Sept pt 1 J Ito to Dec Dt 1 2 of ot each year Ca ts as 11 Is la largely largel the thc rate caSt with wih our foreign r competitor there oulI be he b but for Cor the manipulator to juggle Jug Ie a 1 profit out of ot the few tew hundred thousand t bales balea not II taken up by th B purchases Diplomatically there ther exists nn an agreement between b hlee all al countries Inter Interested Inte Interested ested that the open door door policy shall aha I prevail In China and that there shall hal not be Le any nn an partition of ot e terri tern territory ter tory tor Notwithstanding declaration decar declaration that the she he has hu be In Manchuria the English sad and ad Amen Ameri can manufacture have hae their eyes ees Olun to the this fact that hat RussIa hag has been for tor or some years year building the transcontinental railway ralI Into Info Manchuria where wo io are now nol exporting e quan quantities of our r cotton fabrics mini unless our commercial interests interest In that t are ate looked l kel after nt 1 mOst mont carefully wo We may ia lila rest assured that the Russian will wil not hot Allow our oum gouda goods to b be Imported into that territory It If Industries she chic sh can secure this trade for tor her own |
