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Southern States Cotton Corporation Plan Demands Farmers Backing
A 1912 letter outlines the plan of the Southern States Cotton Corporation to pay 11.5 cents per pound cash or 9.5 cents plus 4 cents in scrip for cotton at shipping points. It proposes a 7 million dollar capitalization, state offices, county committees, and 300,000 bale director quotas, aiming to stabilize prices and hold surplus in bonded warehouses until mills need it. The plan urges farmer and merchant support across Texas Georgia and other Southern states.
MENTIONED IN THIS ARTICLE
Inter
Southern States Cotton Corporation
Texas
South
Geo
Dole Wadley
Southern State Cotton Corporation
Georgia
Truck Crowers
Macon
Collin County Farmers Union
B. L. Sherley
Collin County