The dispatch-news. [volume] (Lexington, S.C.) 1919-2001, February 25, 1920, Image 5

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11 BRITISH TRtlSG TO ATTAIN" INTO^ENDENCE OF AMERICAN COTTON" Cltmson College, February 21.? From a recent report of the Department of Airiculture on Foreian Markets for Agricultural products comes the following account, which is of interest to cotton producers. It has "been recognised that one of the weak points in the British cotton industry is its dependence upon foreign supplies of raw material. Manyyears ago it was realized that the constantly growing ;demand pf the United States industry for American/ grown cotton threatened the permanent stability of the British industry. According to the cotton section of the London Times Imperial and Foreign Trade Supplement, "the dominant character of the British trade is indicated by the fact that one-third of the total number of spindles in the world are in British mills." That the British cotton industryshould be so dependent upon foreign sources 9f supply is a thorn in the side of the Lancanshire trade. In 1902 considerable attention was drawn to this important subject owing- to the reduction of the American crop and ii was decided o organize a cottongrowing industry within the British Empire. In the following year the British Cotton Association was form6d : Statistics issued by this Association show that from 1890 to 1914 the United States consumed only about ' 31 to 3S per cent of the cotton pro""^duced in the United States. Since that > . i time the consumption in this country . has been steadily increasing. From a home use of slightly more than onethird of the crop, the United States is now using considerably mofce than half. For the 1915-16 season it was 53 per cent; for 1916-17, 54 per cent, and for 1917-18, it had increased to 58 per cent. The work of stimulating the cotton j sut>nlv within the. British Emnire was I interrupted by the World War. Nevertheless, 5,500,000 bales of 500 lbs. . of cotton are now produced within the limits of the Empire. Mbst of this is gron in India. Hoever, that country requires more than 50 per cent of the crop for her own consumption, and the class of cotton poduced is not suitable for the I?ancanshire trade being of the short-stapled variety. Egypt, an old cotton producing region. | 1 i ? r\__i U UI J. M. Peake, ?^K?2sariHGHIBHHHHHRHEHHnHi j&'r i.v " ?/.Ti produces 1,360,000 bales of long staple. An extra fine staple is being produced experimentally in the West Indies; long staple in Sudan; and medium. staple in Uganda, Nyasaland, Rhodesia, and Nigeria. However, less than 100,000 hales are being produced in these new regions, an amount smaller than is produced in some counties in the United States. The British Cotton-Growing Association is concentrating ts efforts on those regions which have offered the best prospects for immediate success. GERMANY'S VAST N ATIONAL DEBT. Tt is officially reported from Berlin that the national debt is expected to reach 204,000,000,000 marks ($40,552,000, 000 in time of normal exchane) by the end of March. Of this amount 100,000,000,000 marks comprise non-interest-bearing Treasury notes. The Finance Ministry Valuta Commission, a special commission of the Finance Ministry of,the National Gov 4. +V, ^ aa Afiniotrv r,r t*l 1111 iCii t, anu cue .1 uiaiivc Auiuio^ivv v* the Federated States, will confer on the matter within a few clays. The gravity of the situation. the overwhelming burden of the debt, is nowhere denied. NAVY BUILDS RECORD-BREAKING SHELL Word conies from Washington of the new naval ordnance plant at South Charleston, W. Va., of a sixteen-inch projectile which can bore its way through more than thirteen inches of Armor-belt steel. The shell wnich accomplished this was the third out of a test roup of five which establishes what naval officers believe to be a record in big-shell production. Of the three private plants that have contracted sixteen-inch projectiles for "the navy, officers said two had I failed to produce a satisfactory shell j in fifteen months, while the third shell of the first group from the naval plant same up to the requirements. This new sixteen-inch which weighs 2,100 pounds, against | the 1,400 pounds of the fourteen-inch shell, will be turned out in quantity at the South Charleston plant for the sixteen-inch guns of the dreadnaught style under construction at the present time. \ Sal >RE ? Jr., Manager ANNUAL CONVENTION AMERICAN COTTON ASSOSIATION Columbia. Feb. 23?"The annual convention of the American Cotton Association to be held at Montgomery, Ala., on March 9-11 will handle a multitude of questions of national importance." said J. Skottowe Wannamaker, president of the association yesterday. Indications, he said, pointed to a big attendance from this state. "Special consideration will be given to the business side of production. ~~ * _ ~ A ~ J3 4- -v legislation necessary to De exiauit;u ?.o put into effect and force greatly needed reforms will receive'the most careful attention and consideration. "This great convention is being called for a specific purpose.- It is fully realized that we have long suffered on account of the neglect of the business side of farming. The interest of the various cotton producng states are | mutual and we must cooperate for the purpose of enactng uniform legislation. If you think of any special |The AlaMode 1310 Main Street, Up ! Everything new?Facial Ma: Latest Fads in Hair Dressing Hair goods, Transformation: Also Manicuring with promf Ladies, call to see us and yoi The Fash Columbia's millinery shop is n< Paris latest fashions, the prop from the northern markets wit Come see us whether you bu awraits you. We Trim Old Ha The Proprietor is a Lexingtoni share of the Lexington county THE FASH 1320 Main Street Ud St I es an< J LCAlUgl I ? " " 1 * r- |i question that should be handled at ] this convention it s your dtuy to com- < municate with headquarters in Atlan- ] ta. The program, for this convention ^ is now being prepared. "At this convention regular sessions of the board of directors will be held, as will also the executive committee and the committee on organization. In ' the meantime the regular convention ( will bo in stssion. Intense interest ' is being taken in this great conven- J tion. every section of the cotton belt ; will be represented and division of the allied business interests of the South, including: a large reresentation from the producers and bankers. The bankers are taking an intense interest, the chamber of commerce and the farmers' union and solidly behind us. The commissioner of agriculture are assisting and the governors are giving every assistance and are throwing their tremendous influence behind this great movement. The ginners will be with us in great force in fact we have every assurance that this will be the Beauty Shop! Stairs Columbia, S. C. 1 ssage, Shampoo, etc. sr.: I 3, French Pompadours, Curls. )t and the very best service. 1 will be pleased. ion Shop i )w showing New York and rietor having just returned ;h an elegant selection, y or not. A cordial welcome ts at Small Cost . an and would like a liberal | trade. Remember ION SHOP airs Columbia, S. C. 1 Serv on, S. C. 7 ?? W - * ? ? most representative and one of the Dmst largely attended conventions ever field in the South, and the result of this convention will prove of untold i benefit. "It is the utmost importance that : 5V'. R. Green, secretary of the Alabama j livision of the American Cotton Asso- j ciatio nat Montgomery, Ala., he noti fied as to the number of delegates ! from each county. The representa- j nkBBnBEnanHHnB The Best People fr< be here .t AUTO MOT as MERCHANTS rni IT March 2 Biggest Auto Show and I in the South. Eighty-one < ger automobiles to be exhil trucks. Largest tent auail State. Biggest social eve I fashion models from New styles in Gowns, Milliner: under direction of Mr. Dan openings of Columbia Merc the week. Parades ? Mi I For further information 1 An to Association or Seer eta | Commerce. j. ice < 1 mi miil^h hiiiLiiinmiiftWitttim^i iiiiilii tives of the American cotton Asocial tion the national directors, the naiioDL< al organization committee, the state directors and various officials cooperate'in every v/ay to furnish this formation as speedily as possible. "Montgomery is making preparations for the holding of a record breaking convention and they urge that this formation be furnished. ( om everywhere will for the * IVE SHOW 4 id TRADE WEEK MBIA m 2 0 ^7 to Li rashion Exhibit ever held iifferent makes of passen)ited; splendid exhibit of :orium ever used in this ?nt of the season. Five York featuring the new i, Footwear, etc., staged iel A. Reed, All Spring hants will be held during :'U ipga jsic -- Dances I I i tvrite Secretary Columbia \ j ,ry Columbia Chamber of 1 'Ji HH ? - I ' : - dephone 145 I PfraWMMMiWaj H >jy?iWmWiraB^i? ?|