The Archive · 1926

Discussion in U. 8

Washington (by

Valorization of cotton by America ig a possibility. During the coming session of the American Congress, which convenes on December 6, proposals to that end undoubtedly will be brought forward by members from cotton-growing States who will urge legislative action. The out~ come ig uncertain, but much debate for and against is bound to take place, relict ion question came up, but taken, Tt was pro-Posed then that money should be Appropriated to serve as a loan to farm board to. permit. control of marketing of cotton, principally fa the export trade. 'The loan was to be returned to the Government wits {interest and was not to be a subsidy. Organization of " national cotton growers' ce-operative astoria tion then would enable growers to dominate and control the world market. An equalization fee later would be levied on cotton growers to repay the Government's laun, With such a grower-controlled organiz tion it is contended that the flow cotton could be regulated 40 as to secure the maximum price economic ally possible,

Text read from the printed page and cleaned; old type leaves the occasional error.

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