Million Bales to be Withdrawn from Present Crop Memphis, Oct. 14.
Southern cotton producers _havel Jdrawn up a programme to relieve the present cotton market depres~ sion entailing ~withdrawal of 1,000,- 00 bales from the present huge crop and the establishment by cooperative organizations of long-time pavis, The programme recommends reasonable reduction of cotton acreage in 1927, New York banking] support has been promised and al sum of £7,000,000 has been pledged by associations to help carry the surplus cotton until the price rises, The American Government _has arranged a credit of £6,000,000 for}
[Southern planters which, the "New York Times" declares, means that the American Government are preparing to make Europe's bill Zor American cotton much higher than!
rubber bill has bean raad for!
Text read from the printed page and cleaned; old type leaves the occasional error.