Word: cottonmen
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...Clayton of the cotton-broking firm of Anderson. Clayton & Co., has come out of recent anti-New Deal retirement to work for Nelson Rockefeller, coordinator of Commercial and Cultural Regulations with Latin America, the National Defense Council's agent for nudging U. S. commerce toward a hemisphere basis. Cottonmen were relieved that if defense must monkey with their crop, it would be done Will Clayton's way. 2) If U. S. exports of raw cotton to Japan were cut off, presumably so would be Japan's exports of cotton goods to Latin America, which were a substantial...
...they began selling, sent cotton lurching downward $5 a bale. Some of the loss was soon regained; cotton steadied at around 8? a Ib. Mills continued active. Cotton's gain from the June lows is still over 3? a Ib., enough to save many a farmer from ruin. Cottonmen last week were of the opinion that small as the 1932 crop may be the big 13,000,000 bale carryover from last year will be a heavy hand upon any further ballooning, that cotton's position is still precarious pending a greater call for new shirts...