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Holders of cotton urged to hold for fair prices
K. A. Calvin, representative of the Cotton States Official Marketing Board, argues Southern cotton holders must resist selling until prices recover. He cites spinners following Bachman circular guidance to stockpile, presses for government price fixes, and urges farmers merchants and bankers to stand by cotton to thwart perceived conspiracies against the South. He notes Navy Secretary Daniels confirms cotton’s price drop harms producers and contends price reductions hurt Southern interests.
MENTIONED IN THIS ARTICLE
South
Washngton
Market Bureau
Cotton States, Marketing Board
Europe
H. F. Bachman & Co
Broadway
New York
Josephus Daniels
the Navy
Biltmore Hotel
Daniels
War Industries Board
Army
Navy
Theodore H. Price
United States
Red Cross
Kaiser, K. A
Calvin
Representative Cotton States Official Marketing Board