Tapp, Raymond 1972-08-16
Raymond Tapp, President of the American Cotton Shippers Association, discusses the cotton industry in West Texas and his career as a buyer and exporter of cotton.
General Interview Information
Interviewee Name: Raymond Tapp
Additional Parties Recorded: None
Date: August 16, 1972
Location: Lubbock, Texas
Interviewer: Jeff Townsend
Length: 45 minutes
Abstract
Tape 1, Side 1: Indian paintings discussed,
Biographical information given,
Cotton industry in early Oklahoma,
Father was a cotton broker,
Reviews career in the cotton industry,
Early jobs held while attending school,
Took a job with Clark Cotton Company following,
service in World War II,
After two years opened his own business,
Type of cotton used at Postex Mills,
Service in World War II recalled,
Describes career in cotton marketing,
Established export business in Europe,
Explains problem of losing markets to Brazil,
Largest markets presently in Far East,
Process of buying and selling cotton explained in detail,
Gradual loss of Scandinavian markets,
Causes revealed,
Reasons for 1966 surplus crop given,
Lists changes government has made in farm program,
Disposition of surplus cotton examined,
Future of cotton in West Texas discussed.
Tape 1, Side 2: Mentions article being written for professional journal,
Currently President of American Cotton Shippers,
Association,
Importance of the emergence of a large market in Bangladesh,
American Cotton Shippers Association,
Purposes of organization outlined,
Arbitration of contracts,
Notes impact of synthetic fibers on the cotton market,
Future of cotton in West Texas again discussed,
States expectation of a steady decline.
Range Dates: 1930s-1972
Bulk Dates: 1930s-1972
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