AGiticui.rtn.vi. Aiii..a-uiAri(o' iwu,, lyji. 447 



is ncocssjuy to have at lotist lUrw .liirrrcnl purine inlorc-^ilnl lo no 

 Hniiill (Ic^'icr. First cf all is thr iinxliiror. who iim^ tho wurc-luuiiM.- 

 secomi is tlu; warrlintiscmnri. mid tliini tlu- ' ' 1, tlii> nmti who will 

 list' tho credit instniiiu'rit mxl iiiak<> l(.nii-. . u. 



Xatiirally it takoH soiiio time t(» t*ol thwe thriM* <lifriTcnt i>h*iii(>iit« 

 nitcicsltMl to sucji an rxtciit that flu«v will rradilv i.-,(..,iul and avail 

 tiu'inselvos of the act. llow.-vcr, wo hdicvr wr liavc rrarh.ui the 

 place now whore this coinmitloe must fed iiiij)n'.>H,.d with the fact 

 that the educational work is a thiiii; of tho past and wiiere demands 

 are heinLT made almost faster than thev can he answered. A few 

 fijjurcs in connection with liiis dcv»«I«.pment will reinforce th< • : r. 

 l^ to April 1, 1020, which wius almost four yeai-s after the | _e 



of the act, we hatl hut 23 cotton warehou.sos licensed, with a <apacity 

 to accommodate K), ().')() sah-s. and .") irrain warelu.uses. with a 

 canacity to accommodate 1 .■)(),( too hushels of ^'rain. We had no 

 tobacco and no wool warcliousos licensed. One year thereafter we 

 had 2.'iS cotton warehouses, with a capacity to accommodate rj!».y7.5 

 hales; oO <rrain warehouses, with a capacity to accorniiKMlatc' 2. lOS JOO 

 hushels, and .J wool warciiouses, witii a capacifv i<. .m. .■intiKulale 

 approximately 24,375,000 pounds of wool. 



Up to the 1st of May of this year the li«;ures showed 20.s cotton 

 warehouses, with a capacity to accommodate I,2()I),»i!>.") bales; 2f. ' u 

 warehouses, with a capacity to accommotlale approximately 1 4,.V . j 

 hushels of <^niin ; 18 wool warehouses, with a capacity to acconimodate 

 27,500,000 pounds of wool, and for the first time we had licensed 

 tobacco warehouses^ — 14 — witli a capacity to accommodate ai)oiit 

 68,000,000 pounds of tobacco. Those ligures are as of Mav 1, iUJ2. 

 1 have taken occasion to brinj; them practically to date— November 

 20— so that tlie committee miu'ht see that pro^n-css is still l)ein.i,' made. 

 We have now 400 cotton warehouses, with a capacity to accommodate 

 2,000,000 bales of cotton- 218 grain warehouses, with a capacity to 

 accommodate 14,000,000 bushels of gnun; 23 wool warehouses, with 

 a capacity to accommodate 25,000,000 j)ounds of wool; and 52 

 tobacco warehouses, with a capacity to accommodate 225,000,000 

 pounds of tobacco. 



TERMINAL WAUEHOLSKS. 



Mr. Anderson. Have any of the warehouses whicli have been 

 previously licensed withdrawn from the system i 



Mr. \onE. Oh, yes; there are cases of witiidrawing, suspending, 

 canceling, and pcnnitting the licenses to expire. A license is onlv 

 issued for a period of one year. It may interest you to know just 

 why warehousemen permit their licenses to expire or why the}' are 

 suspended. Conditions change from year to year with respect to the 

 advantages to be gained in storing or not storing products; also the 

 development of the cottcm cooperative movement and other coopera- 

 tive movements has some edcct upon it. You will notice from tho 

 figures which 1 gave you tiiat we have about 2.500.000 pounds less 

 ot licensed capacity for wool tlian we had on May 1. That is due to 

 the fact that one of our licensed warehousemen, who was operating 

 live large wool warehouses in Chicago last year, found that this year, 

 with the increased price of wool, that the farmei's were selling their 

 wool quite freely aa it was clipped and there was im .xra^iixt »'■ -'(»rc, 



UL'OliS— IK 21) 



