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4 1 68TH YEAR. NO. 82. LAW IS AMENDE! AS TO BORROW! Ten Per Cent of Hank's Caj and Surplus Clause Does ? Apply to Cotton in Transit IS NOT MONEY BORROW As Long As Goods Are in S ment and Draft and Bil1 Lading Together Limit is Per Cent. Columbia. S. C., Aug. 7.? South Carolina Cotton assoclatic in receipt of the following (lisp from Washington: "The house of representatives just passed a bill which would an in two particulars the existing la as to facilitate the carrying of cc and other non-perishable markel staples to a more liberal extent has heretofore prevailed. The 11 ure stands an excellent chance o coming law. "Representative W. F. Stevei of Cheraw, who is a member oi banking and currency committee troduced bills looking to this en consequence of request front South Carolina Cotton associatioi "The result was that the ban and currency committee report" bill which provided that "drafts bills of exchange secured by ship documents conveying or securing to goods shipped, and including maud obligations when securet documents cohering commoditie actual process of shipment, and including bankers' acceptances ol kinds described in Section 13 ol Federal Reserve Act" shall no considered as money borrowed subject to the provision that no person could borrow over 10 per of the banks' capital and surplui "Under ruling by the comptr in 1917 it was decided that if drafts were held by the banks more than a reasonable time a Ing the arrival of the cotton or ( merchandise they become promb notes and subject to this 10 per provision. Under the present me of handling cotton, this ruling tie tho shipper of cotton and hanu the dealing in it very seriously. "The bill which has passed house would make It absolutely that as long as the goods are In ment and the draft and hill of la are held together, the 10 per limit does not apply. In addltk that the hill amends the law so tl farmer or a merchant may borro notes secured by shipping docum warehouse receipts, compress ceipts, compress receipts, etc much as 25 per cent of the eapit the bank, provided the warelious ceipts securing the note are wort per cent above the amount of note. "In other words, with a wareli receipt of cotton for $10,000, n can borrow $0,000 and he cai enough of this to take up 25 per of the banks' capital and surplus stead of 10 per cent as now alio Although the hanking and curt committee has 1 :t Republicans only eight Democrats, all hut member of the committee note* the favorable report when it was posed by Mr. Stevenson, the bill, majority of 240 or more votes ag 40." TREASURE ISLAND LETS ROWER IN I Agcd North Carolina Man Clm Willi Oliiain in; Money l<> II favor Ihminsox anil (odd. Washington. Aug. 7.?Ca Charles M. Dower, alias Steele Statesville, N. is looked up hoi the polioe charged with obtal various sums of money from V ington on n scheme to recover tnonds and gold from Cocas I; off the coast of Costa Rica. Ac ing to the complaint lodged ag him, Bower represented himse] captain of the steamer Mary which, he said, was captured b rates while carrying the treasui Peru. Escaping from his cap Ito *er claimed according to the plaint that he located the treasu the cliffs of the Island. Tin formants against him alleged thi was col ecting money to tlnunce a podltion to recover it. Che La SEMI-WEEKLY. ) TAKE STEFS TOWARD THE NG CONTROLLING PRICES CAP lital Enthusiastic Meeting of Farm- I)cnia sot ers and Business Men Held Itailr t. in Columbia Wednesday. Oi ;vr? ATTRMnAVftl \VA<2 I AT)cr I.-AO hip- Between Six Hundred and Seven AH Rt I of Hundred Representative Citi- ant< * 2a zens From All Over State Eqi Were Present. lie, ~ he An enthusiastic meeting of farmers Was )n and business men was held in Colum- labor < mtch Wednesday when the plan and equivo scope of the South Carolina Cotton vate ci ,ms association and the relation of this r0ads. nend association to the American Cotton ^ ,, w ao association was fully discussed. He- (he p(, )tton |Ween (joy an,i 7un representative nieill . tahlo citizens from all sections of the state jns(eac than were jn attendance. The chief ad- Add leas- firpsses were made by United States amj sj( 1 l)C" Senator K. 1). Smith, A. K. Elmore. men> , of Spokane, Wash., representing the can p( 'son, wheat growers organization of the sta.em the pnr Northwest, Governor Cooper and pr0p0g ' *n" J. Skottowe Wannamaker, president oonf,re 'n of the association. Hrief talks were ..j( also made by A. A. Protsman, f1el<l s organizer for the association, and B. . , passes King prjjnk McLeod, also member of the . _ creases tu u state organization. ? profits ana within the next few weeks a state- This iping wide campaign for membership is to words tine he conducted in every county, harm- , : de- ? - have I wiiu jinn win ne assessed ceiiis 1 per bale on the basis of the 1 y 17 vv,l'<'1 s In pro,, ,\s the membership is for three for t,1( also y,,ars jo cents a bale will be collected ,l( ial ^ f the jor ,|)(1 tW() aucceedlng years. Meet- t*10 m r the j?K8 are to l)e j10j(j Jn eacij county P,0P0S t be When strong addresses are to be on to ' and ma(iet setting forth the program of rha' one the association. Provision is also made ,,olo s cent for membership of profesisonal and tor ,,l< business men and bankers. ''I<? ra' Must Have Funds. *',e na such Throughout the meeting it was em- c0?Per 1 for phasized that the organization would a ronl wait- fut4ie without adequate financial t,cJPal ither hacking. Mr. Klmore explained that <sory ,j,0 wheat and fruit growers had com- VN',ir'1 cent hined in the West and had assessed 'Knorei thod themselves $10 an acre. The faith ers of ,(i up tlir? farmers had in tlieir organization f toted would be tested by the measure of roa,'s generosity with which the, come ot ''lr> tho| its financial needs. . K?K?'d sure jsj0 action was taken as to fixing a not " ship- j minimum price, although somewhat j , :,"l oa idillir u t rnn I1 n ? o u>nr> *!<%#!? u.. i.? ii% I till* Tli I ...IV nuwua CIMM I > i?i il" uy Is. cpnf Dabhs to have the organization go 01 "'is >n to on record aa estimating 50 cents a hat a pound as a reasonable price. A meet- Uric w on g?g of all the stiite associations in ^',a ents, tlit? cotton belt is to he held about 'rom ' re" September 1. at which time one of the 1 ,ia as chief objects will be to srgree upon 'rf>,n 1 a' ?' a minimum llgure. a 'Ixed e re- What was possibly the most far- 081 h 10 reaching effort of the day was the Thu tho resolution calling on each county to fon> r buy all cotton that would be rushed (><>,'P<"* louse to the market early in the fall before r?ads man a minimum price had been set. Lang ?l>erat 11 do l> Jennings, of Sumter, led the tight ' eent for |j,p adoption of this resolution. '',a arguing that there was always a largo thf> w >\\od. block of cotton which "'as sold at the ri'v?nii ency. opening of the season, which cotton Pr'va,( and , was sufficient to meet the immediate "Perat one needs *?f the manufacturers, and)'be sa 1 forj would thus prevent control of the n,*'"'e pro-j market by the growers. Mr. Jennings tlon, a by a, made an eloquent plea for the resolu-! <on8ur ainst tion. saying that no one would stand v'ro w to lose :i dollar and that each county during \VS1<4 flnillUMiillv nltln in tolrn no , C ' " i\\ j the cotton hurried to the market. The sn.vs JAI) resolution was adopted j happei Another resolution was adopted ""'""P irge?l catling on the president of the State l?te. Hankers assoclaion and the presi- ' dents of the chambers of commerce of Columbia and Charleston to call a presid* plain meeting of hankers and business men i #1 of the state with the purpose of J?'n re hy forming a trade acceptance eorporainlng tion In South Carolina. Such a cor- The >'ash- poratlon was formed a few days ago "Th dia- in Georgia with a capital of $2,000.- patchc land 000. It Is estimated that a capital also ii cord- stock of from $750,000 to $1,000.- Hlantc ainst otto would he necessary for the South unions If Carolina branch. the g< Hie Governor Optimistic. This a V Pi- Governor Cooper was the flrat people re to speaker. He was wholly optimistic as rnent tore, to |0e outlook for the cotton growers, sentin com- The brightest days were just ahead, earns re in The success of the organization de- nlze tl r? In- pended upon the support whlrh the can ex it he tarmots gave It. Moral support was to den n ex- ? ? ? (Continued on Page Eight.) ( J*ICASTE LANCASTER, S. C., FRIDAY, AUGUST 8 EMPLOYES WANT I atipf ITAL ELIMINATED 1 nd Tri-Partite Control of oads Composed of Public, >erators and Employes. < REACHING PROPOSAL evenue in Excess of Guar- ^ L'e to Owners is to Re ?Sfl lally Divided Between PubOperators, Wage-Earners. MUMBmSlR hington, Aug. ?Organized cal formal demand that pri ipital be retired the ri-partite control composed of MV, iblic, the operating manage- rfJSjjLSjl ind the employes is demanded T&Zwjsjfv ressed to the American i>vit>ii-;ned by tin engineers, the tirelie condtictoi and tlie Amerlederatlon of Labor, a formal ent was issued announcing fl.is 3HJS al. which wiP be carried before I marks." says the statement. T-tep by which organized lab it- ?'s-# from demands for wage ini to demands that the system of T# H(# ni?c*? and Neph in industry be overhauled." fttn| .Ju!rt R5 K(K>d. for ytni sentence sums up in a few the proposal of which there ~~ ieen hints and indications, but STRIKE LEADERS ( is now laid before the country 250,000 MEN Al i first time. Everywhere in of Washington it is recognized as ost serious and far-reaching " "? IVderntim, lie ition the country will be called Are Determined to Stay ,'iet Demand*.. rapturizing the proposal as lahill." It is put forth as remedy e high cost of living, because, Chicago. Aug. 7. More ilroads are the key industry ot' uoo railway shopmen of il lion. It demands 'v" 3 "genuine! ;,re idle tonight ;?s a res at inn and partnership based on strike called Friday bv tilt community interest and par- railway shopmen's union. Ion in control." of which Pres-J to statements of leaders Wilson spoke to congress, and ganization tnr.ight after r? the statement says has been ports from all sections. T rl by labor and the private own- said the strike is spreadin the railroads. indication of immediate se > ask." it says, "that the rail- John ,, Sanders, 86C1 of the United States be vested r,aroi, th). w,? riMlllli] nubile- that ?!w.?e actually en tl1ofr (|,.mands for S in conducting that industry. hour for ,lia(-hinists and ?: om Wall Street but from the helpers are granted. He st (I offices and >aidx and out on j?ardless of what the intcrr iltoad lines, shall take charge fleers of tin* various unit* i ser\ice tot the public. 'doing at Washington, the Demands in llrief. tiI <>f the men have detei fly. labor's plan demands: .? froIT1 thl>ir (,<>m t private capital he eliminated pny to januiiry he railroads. ., . Mr Sanders said no men t the private owners receive ... .. , , moved from the wrecking them government bonds 'with ... . ... that no violence will be to interest return for everv hon- .. , I nion committee's are t liar that they have invested ' ., . .. raihvav svstems to see- thai t the tri-partite control hereto- . ' orders are carried out unt eferred to be established, in , . of telegrams are being se atlons which shall lease the ous Mr San(ler! and in which the public, the by M?n,,.IV virtually everv ing nianagements and labor ... th" countrv would be atT<-< ie represented equally. strike t the public, the operators andl . Advice- received bv the 1 age-earners share c<|uallv all . ... . : that on the southeastern li le in excess of the guarantee to .. , . , i men are our. Mr. Sanders i i? capital, by granting to the ors and the employes one-half j I-'OKItll) S\l F vings which are expected to be ' ' by such a perfected orguniza- ^ AN NED 1 nd the public the other half as ners, either by increasing sor- (borers I'nnlia-e la?t <>i Ithout adding costs or by re-j so|m. , : costs. , Keen t <?ll<lcuilic< is role originates with labor,, the statement, "because labor is to have fir in organization! order was issued le ;h which it may become artieu-i department of agriculture, land Industries Tuesday for trainmen are not represented ante or t 2.0011 cases of cam statement because W. CJ. Lee,; bought ' >' grocers from tl :'iit of the brotherhood, was out partnient. city, hut it was said they would; The poods have been f it. for public consumption ar Text of Statement. will he forbidden. A num statement follows: have been taken to the st e inuendoes in telegraphed disj tory for examination by s from Washington, appearing chemist and the condition 1 the speech of Hepresentativc ',i,s t'cen found to be dangi n. of Texas, tbnt th<' railroad [ wholesonte. The goods w i are 'holding up congress and ^ a K'oup of about 20 gr? vernment' may as well cease. I state among whom the 1: ppeal Is made to the American I w'cre distrlbuted. direct. It invokes the judg-1 T. to Itoiun.iii i and common sense of public! lent, of all the public which Paris. Aug. 7. The sup a wage or a stipend. We reeog-! r" t,as '** a note to the hat the only way in which ^.'authorities begging them 1st under the present system is!'? 'tie conditions of the e land further increases In wages.' not lo embarrass any prei ??? , i Ion 'he work of the inter Continued on Page Two.) j m s.it .: i-, H..d.;p s' R New , 1919. SUB: ROM TTivrn c I I w?: "Beware of the man who offere you mrae r Government eecuritiee." I,AIM ! ROADS HONDS 1SSI E IE IDLE| HAS KEEN CARRIEDj ? : i. c'arcs Men Iticlilaud County I'iles t p Itig MaOut or jority for #'2,00(1,(1(10 llomN for Permanent ltonds. i than L'.le.-! Columbia. S. C., Aug. 7.?With a he country few precincts in the county to be ult of the heard front carrying perhaps 800 t federated votes the bound issue for $2.000.u00 according for permanent roads in Itichland >f that or- county is assured. Incomplete returns ceiving re- gave 1.(> 1 :t vote- in favor of the bond he otlloials issue and 7d(> against it. g. with uni Outside of the city the vote was ttiement. close and when several boxes in the retary. de- rural districts gave majorities against n on strike the issue, the "noes" were in a cheercents an ful frame of mind The opponents o cents for of the bond issues had a very slight iid that re- lead at one time but the overwhelm-1 tational of- ing majority in the city boxes offset j ns may he this ami the indications are that the K.tin ii 11 * i umjiiini mil ur urincril IWH illlll one> | -mined not half and three to one in favor of tin* anils, with issue. will be re- ->?<> I.AWYERs"aRE crew a and IN 66TH CONGRESS | lerated. "ll """ ' ' Men of Legal Profession Outnumber] ! the strike , . , Ollim-v Copies of New IMrei torv 1 hundreds nt to vari- Iteueli t it>. s said that tuiltoad in Copies of the new Congressional Dited l.y tin*, r(.(.tory whieli is now coming front j I'ncle Sam's presses in Washington, | union show | hav?> heen received. The directorvj in*s oO.tim) shows that in tlie present lower house j said. | of congress the membership includes j *'>< lawyers. 1' editors and publish-! (?-is, 10 merchants. 1". hankers. 11 SALMON farmer-, union labor leaders, four | insurance agents, ei^ht manuf.ictui-. . .. , , its, tii? locomotive engineers f??nr I n\\ hull". I newspaper reporters, and tv\o iron Hil* moulders ! There at-.- also among those pres/ iir in th*' Sixty-sixth congress, one ( tin- state tr*-< siin-. <>><, three lumbermen, one milliner*'.- nuiK-ryinan, *?n>" miller, four teach-' bidding ti e ers, one former cowboy, one cartoon-1 m-d salmon ist. one d*'ntist, two men front the he war *1*'- -lipping world, one clergyman, three! doctors, one citrus grower, two auto-! ound until ntob'I- manufacturers, and one adver-| id the sahi tising agent. Of the remaining member of cans l?ets of the house of representatives,! ato lahora- 4 "? modestly declined to record what, the state they did for a living before they were of the food elected to congress, erously un- As usual the biographical data Is ere bought the most interesting reading in the icers in the directory. The Arkansas delegation 5,000 eases leads off with the distinction of having among its seven members three who submitted biographical sketches' of exactly one printed line in length, rente conn- Tie so modest Arkansans are ThndKumanian dcus Caraway. Samuel M. Taylor and to conform William Shield. Goodwin, all of whom ntente and record the fart that they are members /ions decls-' of the Democratic party and that they allied com- Hvr 'n 'he district frorm which they were elected. vvv SCRIPTION $2.00 A YE^HTJ ATTORNEY GENEM" AFTER THE PAClfr They Are Accused of (he Anti-Trust Laws oNE TP Lnited States. Jtti p WILSON TO OFFER PH I First Development in 71 ! orce Down the High Living Affects the Washington, Aug. 7.?Ai^tjWjfr suits against the great meatt^pM! firms were announced yesterdajfak Attorney General l'alnier as thft.tf concrete development of the ment's campaign to reduce tbeMf^R cost of living. 0 Armour. Swift, Morris, Wilffffcjtflr t'udahy, w !io have been pictiynwa the investigations of the federtM^^ft commission and before congl committees as a great eonil)ii^KfrjA control of food products, aWj/zj. haled again before the federoL. by special prosecutors. The evidence i 11 hand, AH, *? fJeneral- Palmer declared, "a clear violation of the s laws." Whether the prosecutions civil or criminal the attorn declined to state, mere that the law provided for The history of all the anti-trust prosecutions does not show a single indivi. serving a jail sentence for a, lion. There are evidences ' f government hopes for sotm present campaign. \ Hunting Profiteers. / While lie was announcing (. (ions of the packers, Altor \ * aral Calmer was unleashing, rial agents on a country-wide profiteering ami food hoarding. prosecutions conic under the control law. \I1 I'lilted States attorneysr-*4insfiucted to ferret out food I I ei s and lihel them under federf. "Thi - is the most import an' , ncss before the country todat nounced the attorney general,/ I j.rop.iSi- to 11a\ ihe law enfoi ML machinery of the governnief track everything to this job.'I President Wilson continue? close attention to the fond costfjjr leni and declined a proposal tr pone his address to eongrep Tuesday next week, instead Friday. Republican Floor Mondell of the house, sugges postponement because of abs< members from Washington, b president declined in the fof | letter to the Republican leader)/ "I am very sorry indeed that' not comply with your suggest delay in the matter of my adtf a joint session of congress. T nation which impelled me laft i to ask congress to postpone itjj until niv recommendations c?^ suinnitted is still acute. I lib, under very serious considerate. proper action of the governmfi | reference to the high cost c* and 1 feel that it is my dut* earliest possible moment to t' > ' certain recommendations no>y for submission to congress. | "I have, therefore, asked th p esident and the speaker to a' if possible for a joint session day afternoon next at 4 o'eloc" I'rolmhle Suggestions. There was no intimation fri White House as to the nature > recommendations the president inn he in addressing congress. J From the trend of the merit's activities in an .solve the living cost proble:^E3^L ever, in the view of sevetal rlffn J tlie president probably woulqt with these subjects: ;/ Fnlargement of the provision*, y the Fever food control law to ma it operative after the proclamation peace and applicable to shoes, ing and ail life necessaries in ad to food. Legislation to reach the sin individual profiteer as well ? business" extortion. Legislation to define profl thereby making easier pros under existing laws. Laws to make speculation in series a crime. (Continued on Page 3