CONTENTS 
Letter of transmittal ____.____ 
I. Origin and scope of inquiry 
Origin of investigation 
Scope of investigation 
II. Tobacco marketing_____ i 
Production of tobaeco in United States. ____.__..__... 
The loose-leaf auction system.________. . 
Cooperative marketing organizations. _ __ aa 
Burley Tobacco Growers’ Cooperative Association -.___.__.. 
(Tri-State) Tobacco Growers’ Cooperative Association ____.__ 
Dark Tobacco Growers’ Cooperative Association _____.._.___ 
Miscellaneous associations. __ cee = 
Cooperative marketing laws__ ee i eee 
ITI. Relation between American and Imperial Tobacco Cos... .. 
Purchases of leaf tobacco in United States... _________._.____. 
Organization of companies_ _._ me 
Antitrust decree of 1911 __ oe. 
IV. Factors affecting progress of cooperative associations. 
OA OOTY cc ci i im wim gr wih rn ig omg ee ee cp get 
Yr asgeraant of production in Georgia by the Imperial Tobacco 
Oe, 5 0 GR ems go gh gs. ct tp rg lA pe eget 
Boycotting of the associations by the American and Imperial To- 
bacco COs. ee. 
Inducing of members to breach contracts with association. - = 
Payment of higher prices for split crops_.____. 
Activities of warehousemen, buyers, and dealers _______.____ 
Management of the (Tri-State) Tobacco Growers’ Cooperative As- 
sociation. oe. 
Exclusion of exporters and dealers... 
Redrying policy of association. _ 
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APPENDIX 
Exuisir A—Marketing agreement—Tobacco Growers’ Cooperative As- 
sociation. Le e_o.. 
ExniBir B.—Leads furnished by Tobacco Growers’ Cooperative Asso- 
ciation relative to alleged unfair activities of representa- 
tives of the American Tobacco Co. and the Imperial 
TODA C0. 0 wom cvimmiim mms 5 i ye smn emg om mm mr ree mm 
Exuieir C.—Statement filed by American Tobacco Co., in reply to 
charges of unfair activities on the part of its represen- 
tatives.________.__..__.. . ____. © emma 
ExuiBiT D.—Statément filed by the Imperial Tobacco Co. in reply to 
charges of unfair activities on the part of its representa- 
VOB inci ” 1 LE resp 
Exmisir E.—Financial and operating statements, Tobacco Growers’ Co- 
operative Association__. .._______.__________________. 
1. Gal overhead expenses, Feb. 8, 1922 to May 31, 
192 eee 
2. Redrying expenses, all crops, Feb. 8, 1922, to May 
31,1925 oe 
3. Carrying charges, all crops, Feb, 8, 1922, to May 
31,1925. _ eee 
4, Statement of operations, 1922 crop. ——- 
5. Statement of operations, 1923 crop. - 
6. Statement of operations, 1924 erop...c.ococ_coc-n. 
Exnisir F-1.—Redrying rates paid by the Tobacco Growers’ Coopera- 
tive Association, 1922 crop... _o_.o___._ 
F-2.—Redrying rates paid by the Tobacco Growers’ Coopera- 
tive Association, 1923 Crop. o-oo com-coo 
F-3.—Redrying rates paid by the Tobacco Growers’ Coopera- 
tive Association, 1924 crop-..... 
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