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VOLUME 1, NUMBER 120 Weekly, Established 1SC0; Dally, Jan. 13, 1914. ANDERSON, S. C., FRIDAY MORNING, JUNE 5, 1914. PRICE FIVE CENTS $5.00 PER ANNUM ALBANIA IN WOHL STATE ?F ANARCHY AMERICAN MINISTER TO GREECE APPEALS TO THE POWERS PRAISES THE DUTCH Criticises Prince Wied and Says Five Governments Fail to Control the Principality (By Associated Presa.) Athens, Juno 26.-George Fred Wil liam:-, American minister to Greece, today sent to fLc newspapers a report of his investigation in Albania", where he went recently at thc order of the Mr. Williams rays that he considers the condition." in Albania anarchical, and he declarer the present regime Im practicable, owing to the antagonistic rivalries. Ho appculs to the powers to create a neutral etate. Thc report attributed to Mr. Wil liams denounces ar "a horrible crime" what thc powers arc doing in Albania. It does not even spare thc Prince of Weld, raying of him: "I found a prince calling himself king, with no powers, no territory and no rubjecte except his, wife and his children." 1 Elsewhere in the report, Mr. Willlms sayr: "1 uncovered at Durazz? an epochal scandal of anarchy,' incompe tence., hypocrlry and murder. My lirst effoit was to fjnd Lite Albanian government. I found none except six warships and they were silent. "I took opinions on the London agreement. Everyone agreed lt crea ted no government, except one of arm v . ed force "from ubroad, for which all the authorities were clamoring. Five Governments. "Five ostensible governments .were in sight: flirt, the six great powers., with all Hie power; r.eeond, the com? m irwinn witji cohtroV. Qt the civil-ad ? j hilnirtt?UbJ^. ^nil^nn.anoo^, tbJnit. the Dutcft gendMt?g???^ft orttre . -, -.<? n?iitt?r}Tq$PTTn7>^ atty powers rematnlbg; fifth,' the min istry With -bo powers. The report as published, . highly piaisH? {lie Dut?h pfueora a? tue oniv sincere men td" the whole of Durazzo, accuF.es th/j Albanian government of havlnc plunged Albania into thc throes of clvtrund religious war, and appeals to Europe to remove the Prince of Weld, and tho International commis rion and to substitute a ryrtem of cantonal government. The statement has created a great sensation here. London, June 26.-There are con flicting reports concerning the situ ation at Durazzo. A belated dispatch ?ayr that insurgent leaders have arriv ed to negotiate the terms. Other dis patches represent the situation ac ex tremely grave. ' Tho Prince of Weld, who occupies the throne, has, lt is said, appealed to thc powere to send international troops. Abrir?an warrhlps aro taking steps to protect Ourazza and Avlona. Vienna, June 26.-A volunteer force of retired officers and men 1B being formed hore to go to Durazzo to pro tect the Prince of Wold. Already 1, 600 men have bien enrolled for this purpose. " SENATOR BORAH LED THE ATTACK Republicans Fight Newland's An ti-Trust Measure Because of Obscure Intent . Washington, Jena 26.-The Repub lican attack on the Federal trade commission bill was'opened in the Senate today by Senator Borah, who told hie colleague? that passage of the mep."ure would load not to a certainty among business men as to what they would under, these conditions . call-a period of uncertainty as followed the enactment of the - Sherman anti-trust act. Senator Borah criticised particu larly', the provision that says that "unfair competition" ie unlawful. -He declared leading la wy err In the Sed ate were undhio to agrco on what that term mentir and insisted that it (was unjust to? ask business to determine a matter where national legislators . * had f?tled. The' Senator said he> agreed with the preV.ld?ht that the' element of unc?r tathty itt I" inp. business world should be removed, but would not agree that tho ptarago ot the. hill wifn : unmir competition'', undefined would ac complish that end. N?..' Senator Borah announced he would favor a,measure to ntrongthen the . Sherman "law. hut said that th his opinion under law as construed hy tho Supreme court It ls in tho power of the executive branch to end monop oly it it had, tho courage io do so. Senator Newlands oj-ged that It Would be almost lmposrible to define practices that constitute unfair com petition. : -li JAPAN DEMANDING j BETTER TREATMENT i Latest Note to thc State Depart' ment From the East Is Ex ceedingly Insistent (Hy Associated Press.) Washington, June 2ti.--Japan's pro tests against the California alien laid law, brough} conspicuously . bq'foro the public again by publication j pr? cor respondence between the Washington and Tokio governincuts, was discuss ed with interest nore today in olhciul and diplomatic circles. Secretary Bry an said Japanese note of June 10 last, which re-opened the subject, would be made public with thc American reply within a few days. It is known that Japan, abandoning tho idea of negotiating a new treaty to guarantee the property rights to its subjects, now has asked for a re ply to its note of August 26 last, In which the United States was pressed tp stop the "obnoxious discrimination" resulting from the California legisla tion. 1 ST? "There is but one remedy," this note said, " and the Imperial government is unable lo escape the conclusion that the duty of applying that reme dy devolves solely on the government of the United StateB." One phase of the negotiations dis closed In the correspondence which attracted particular Interest was said to suggest the possibility of an Issue entirely new in the history of the United States. In Italics in co tin ec tlon with the. promise by the Japanese government to grant land ownership to Americans appeared the words "re serving for the future, however, the right of maintaining the condition of .reciprocity with respect to the sep arate states." This, lt was pointed out, appeared to he a distinct reser-J vatibn by the Japanese government ol thc light to retaliate directly on the1 Californians by singling them out 1 among American citizens for exclu sion from the right to possess real property in Japan. MOTES TO DDE WEST ' Or. J. 0. Wilson, Splendid Physician, I ; Wishes Bj Edneate Children . >I<ownd??ville, jujoe^SO.-^ric!?KM ? j Wilson, wh?:h~?s practiced meactne 'or<} about 16 years in Lowndesville, bas [moved his family to Duo West, to edu cate his children. Dr. Wileon has been most successful ' in hl3 chosbn. profession in which he throw hit? whole sou! and energy. He was un* Ii - lng in his effortr- to help alb who pai ionized him. We wish tor him and his, the highest j r.uccess In the now field. This lea -es I the people of Lowndesville in need oi an up-to-date physician. REBELS MAY PARTICIPATE IN COUNCILS Carranrfitas Waiting At Washing, ton For Answer to a Tele gram Sent the Chief (By Adboc.atcd Press.) Washington, June 20.-representa tives* of the Mexican constitutionalists! in Washington-tonight expressed con fident hopes that General Carranza! would accept the invitation of the] South American mediators to partici pate in informal conferences'to com pose the internal affairs of M?xico. Whether .General Carranza would accept the invitation, however, still remained an open question, despite the fact that some of his agents here had telegraphed him at Monterey for a definite answer. The meBBOge was sent after the arrival in Washington of General Carranza's private secre tary, Alfredo Breceda, who brought! personal, information from the consti tutionalist leader to his Washington! agents, Rafael Z> tbaran and Luis Ca brera. Mr. Zubwnn tonight said ho bellev \ ed General Carranza would authorize I participation of his representatives in j the proposed conference but that tb military campaign against ' General Huerta would proceed. Mr.. Cabrera ?declared he waa almost certain infor mal conferences would take place. Mr. Breceda said he was awaiting instruc tions. Mr. Breceda brought to'Washington I the positivo information that lt is tho | constitutionalists' purpose to continue their military campaign regardless of ! peace conferee ves. San Luis Potos?, lt was snid, wo dd he the next objec tive point of the army. After San Luis Potosi the constitutionalists ex pect Huerta's troops to make their last stand at Querataro. Their lead ers Insist that General Villa will, be on. the verge, of entering Mexico CU y I within lesa than a month. With this military prospect assur ed, 'some constitutionalist lenders are known to believe it would be better to have a provisional government, es tablished in Moxicp to supervise an ?election than lo permit a military (Continued on Pag? 6.) RELEASE OF PRISONERS IS DEMANDED POLITE NOTE TO VILLA FROM CARRANZA AGENT j IS EXPLICIT ! NO ANSWER YET Second Chief Has Sb Far Failed To Reply to the Suggestions Made 1 . _- I (Br Associated Press) Bl Paso. Texas. June 26.-Discussion of the Carrauza-Vllla estrangement wa? reopened today by Robert Pes qucira. confidential agent for the Con stitutlonalirts here. He gave out the text of a telegram of a series of com munications with General Villa, in which he criticised the northern mil itary zone commander for denying thc arrest by his troops of national consti tutionalist offi?ere at Juarez and the confiscation of, the national treasury f;i nd s here. Pesquiera told General Villa that he considered it useless to deny the ac tual facts so well known here at thc border. General Villa's anrwer to thir. telegram, sent on June 20, has nut arrived.. * Pesquer?a also issued a statement asserting Villa was sur rounded by certain perrons some of whom were the direct CUUFQ of the di ?ter that befell the administration or 1 President Madero. ! Asks Liberation. PesquelritVB telegram to Villa fol lows: "Your telegram confirms my belief In your loyalty and patriotism. The incident.''- thnt ha ;c caused comment in the prerr- have been the violent arreFts of employes of the gobernaci?n and the treasury departments and trie (act that military authorities bf juarez have, taken possession of "tUp "funds that rightly belong to tJpT'general treasury, ro that it tr. h ?it'd to con vince . Tighten!.-.thinking people -ot--the conriQfefioy ior your ..tjfolarations so I neon Kitto nt ' with the... actual facts as known here nt the border. I verily be lieve that if you liberate the employes now held and If the fund*of the treas* ury are returned the excitement and doubt that n'ow prevails will disap pear." "Undoubtedly due to the many pre occupations of ^General Villa incident to his victorious Zacatecas campaign, ho has not had time to answer this telegram," Mr. Pesquelra said. "But I have positive information that he al ready has given orders that all Con stitutionalist ' employes carried to Chihuahua ar prisoners, will be al lowed to return to exercise their re spective functions at Juarez and also that, he has ordered that all funds and valuables that rightfully belong to the national treasury be returned at once. f Surrounded by Ruarais. "I also am informed that General Villa har been apprised and has per sonal knowledge of the work of some political followers, some of whom wore the direct cause of disaster that befell thc administration of Madero, who knowing the rectitude and the se verity of General Carranza "toward financial and political intrigues, took advantage of the good faith and sim plicity of Genera! Villa, whom they had. been trying to utilize as au in strument of their crooked . designs. Gqneral Villa becoming acquainted with thc work of these Individuals, it appears, has resolved to rid himself tionalitlea who have been directly (Continued on Page 5.) TATE'S PLACE IS TO BE FILLED Supt Swearingen Saya He Has Secured Money and Has Man In View Special to The Intelligencer. Colombia,' June 26.-The work of rtate ruporviror of rural elementary schools in South Carolina which was inaugurated by W. K. Tate, several yearn ago, is to be carried forward, according to J. E. Swearingen, state superintendent of education, who re turned today from Nashville, Tenn., whore he attended the annual meeting of "'tho Association of Southern State Superintendent.-- of Education. x Mr. Swearingen announced that tho feneral education boardjhad given $1, 00 for the work of supervising the' schools tn South Carolina to supple ment the .appropriation of $1,900 made, by the last general assembly. It Was stated by Mr. Swearingen that a successor to. Prof. Tate ts to be se lected' at an early date. "I have prac tically decided upon tho man," said Mr. Swearingen. Unanimously Nominated. ? ? Danville Va.. June 26.-Democrats' of the . firth Virginia Congressional district in convention here today re nominated Representative Edward W. Saunders by acclamation. QUl?T MEETING OF CANDIDATES i. Prof Clinkscaies! Was Overcome With the Heat at the Conway Meeting Friday Special to Tho Intelligencer. Conway, June 26.-Intense heat In a tobacco .warehouse which prevented John C, Clinkscaies, candidate for governor, from' concluding his ad dress marked thu campaign meeting here today for stale offices. Prof. Clinkscaies was overcome and had to leave the stand. While the candidates were speaking, the crowd of possibly 800 persons, maintained a continual bum of convcr ration. After listening a considerable time to loud remarks from the audi ence, a voter demanded that the lead ers be removed ffpni the hall by po lice officers. Quitjt was partially se cured. Charles Carrol pirns, candidate tor governor and tho last to speak ut the meeting declared that the fertiliz er manufacturers' of this state had been cheating tho}farmers by selling them short weight! fertilizer. Without a single partisan refer ence, save possibly John G. Richards' ur.ual emphatic denial of being a coat-tail swinger the quieticst meeting bf the campaign iso far as the dan- 1 didates were concerned, was held to day. FIVE TH??SAND IN BREAD LINES ! BY SALEM FIRE 1 m<:*ff? Latest Est?mate pf the Loss In the . Massachusetts City is $12,000,000 I : 'mr (By Associated Press.) [ Salem, Mass, June 2G.-Measures for i ' the relief ot th?^?,0?0 persons made ^?t??1eb*V Tn'yestt^?y's' conflagmtion were proceeding with niilltary preci sion tonight. More than 3.500 were directly dependent on the relief com1 mittec foi bhelter, while 4.Goi) waited patiently in the various bread lines ' for food which streamed; into the city in abundance. I Those cared for In the tented camps were of thc poorer classes, mostly fu eignere. Nearly all the well-to-do! . had found refuge elsewhere. . An insurance adjuster who went carefully over devastated district to- j night, estimated the loss at $12.000, I ooo ot which $10,000,000 was covered by insurance, This insurance, it was 1 stated, is well distributed, the 1 aviest falling on any one company being $400,000. (The Naumkeag Steam Cotton Com- j pany was the heaviest individual loser. . The Iocs on its great plant was placed ?at $3,500,000. I Fifteen hundred employes were! vhrown out of work by the destruction . of these mills. The total number add I ed by thc fire tu the ranks of the un I employed was estimated at nine thou , sand. j Hand in hand with measures for re lief went preparations for rebuilding j thc city. The Naumkeag company and some of tho other larger firms burn ed out, announced they would begin work of reconstruction bk nuickiy as possible. In the meantime the un employed will be given work in the rehabilitation of the city, or provided for in nearby places. Thc active work of relief was tem porarily in the hands ot the state mi litia, directed by Adjutant General Cole, who commanded 750 men from the Eighth and Ninth regiments. Early in the ,day the domestic af fairs department had the names of 200 men, women and children who had become separated from their fam ilies. To night this number bad been reduced to one hundred. A relief committee of seven, ap pointed by Governor Walsh, conferred with Mayor Hurley and the local re lief committee. I After a,survey of the situation the committee announced: "The principal need ls money, not I clothing or food. The people who . were burned out managed to save ali j the necessary -clothing' and there is ' on hand a sufficient supply of food to last a. week or possibly longer." j; Miss Mabel T. Boardman, national rejief secretary of the American Red Cross Society, arrived toda- and of fered her services to thc organiza tion. . So many maternity cases, were re ported that a number of women prom inent in tbe wealthy North Shore Summer Colony organised a hospital for them in a church. The list pf dead as a direct result of the fifo was placed tonight at four. The Identified dead were Mrs. Jen nie Cunningham and Samuel F. Withey.. Another body was so badly burned Ita sex could not be, deter mined. Tbe fourth body was that of a child. . M'REYNOLDS WITHHOLDING HIS PROGRAM ATTORNEY GFJNERAL RETI CENT ABOUT INTENTIONS IN NE\V HAVEN CASE MAY TAKE ACTION He Declared There Was No Im munity From Possible Crimi nal Charges Offered (By Associated Press.) Washington. June ?6 - Attorney Gen. McReyholds' determination not to announce at present his purpose as t'j possible crimlnul proseyultou in < onneeti o. v.itu twe afr- ..?*< o'! thc Stew lia .-en Railroad system wita em phasized in a letter read before the renate today by Senator NorrlB. The letter, written by Mr. Mc Reynolds, criticised statements made on tlie fioor of thc seriate by Senator Norris as to the department's attitude toward itt'? Interstate Commerce Commis sion's investigation of the New Haven. Senator Norris declared In discubs Inf. the matter: "The attorney general did not ha\e i'i contemplation any criminal action, unit nobody has given i.nmr.nity in .thal case," and hud rolorrcd to a ria lenient from the al lot oe/ general's office to the effect that there never wus in conemplation any criminal ac tion; that there was no violation of any f??'\Val statu e in ali the proceedings I bal were had ni the i ?v? Haven af ta? ? v. riling to the a?orn-y general. Seuaior Norris supported these state ments by references to a conference with the attorney general at which Senator Kern was present. No Criminal Charge. "There was no claim made at this ceuference." he wrote, "by ?you: that auy federal at a tute had buen violated, or that your department 'contemplated any'criminal proceedings. In the New Haven affair. . ! Thc. senator said the slaloment re I fer red to In his speech was ono issued by the department,o? puBtice in Jan uary, setting forth thut thee; ls on law under which the department can 'prosecute "officers, directors or oth I er agents of a railroud company for Improvident or dishonest manage ment." In his reply the attorney general raid: "The language walch you unfortu nately employed ly out of harmony with the real facts, and If ac/.tpted ?:s accurate would east tain? !nph'? about thc situation. Immunity Not Chen. "The nsrertlon that the attorney general did not have In contemplation any criminal action, and nobody has been given immunity in thut case," was unwarranted and misleading, "Speaking in your presence. I bad ox pre8Bly declined to declare my plans or purposes and this has been my un interrupted attitude. Il was, therefore impossible for you to know what they were, and yet you undertook to make announcement tn respect to them. As is well known, Mellen, a conspicuous figure, was then, und ls now, under Indictment in the federal court be cause of certain transactions connect ed with Ne Haven affairs. How far his , examination by interstate Commerce I Commission gave immunity need not bc discussed hore." COUNTER SUIT NETS ATLANTAN $5,000 Jruy Awards Verdict On Strength Of Alleged Damage to Repu tation By First Suit (Ry Associated Press) Atlanta, June 26.-J. N. Bateman, of Atlanta, tday was awarded damages amounting to $5,000 against Prank Hothleutnor, a Nebraskan, who sought to obtain a verdict for $20,000 against Mr. Bateman for an alleged fake pool room operation. Today's verdict was rendered by a Jury in thc superior court on a counter ault filed by Rate man. Rotbleutncr charged that Bateman was the head ot a chain of fake pool rooms In Atlanta, Miami, Palm Beach and otbor cities. He represented that 'ho lost $20,000 on a fake bet In one of tho alleged pool rooms. Rateman was arrested at the In stance of Rothleutner but on Septem ber 24, 1913 all charges against him were dismissed. He then entered suit against Rothleutner for $25.000 for. the "humiliation, expense and loss of reputation occasioned by the baseless and malicious accusations." The-jury [held that he was entitled to recover I $5,000. WILL PROSECUTE LAWLESS ELEMENT County Attorney at Butte De clares That Vigorous Efforts Will Be Made to Punish ?Hy Associated Press? Uti tte, Mont.. June lil?. Soon after word was received hero today ihn! President Wilson was considering Governor Stewart's request for fed eral troops to be prepared for an out break County Attorney Joseph Mc caffery announced he would begin a vigorous- prosecution of men who caused Ute riot Tuesday night when one man was killed, others wounded ami the building of the miners de stroyed with dynamite. The county attorney asserted in vestigation liad convinced him that after tile inquest tomorrow into the killing of Edward Not be woul be able to make an arrest on the charge oft murder i It was asserted today the city would start an active campaign against lawlessness. All men on the police waiting list were called tn. Thc finding of a buttle of acid nnd a bottle of glycerine in the pocket of an arrested mun was given .as the n ason for the police activity. Th? city was quiet today. OftlcerH of thc new Independent union of the miners continued enrolling men who have revolted from the Butte local nf the Western Federation of Minera. Altogether 1.GR5 names nre on the list. At the inquest tomorrow each man who enters the court room will bo searched for arms. Despite his previous announcement that he will speak In Anaconda. Presi dent Moyer remained at Helena. The mayor of Anaconda had ndvlsed Moyer not to visit Anaconda at this time. SUFFOCATED IX EIRE Ouest in Greensboro Hotel Dead und Others Hurt. Greensboro, ti.: C., June 26.-Henry T. Collum, a -traveling salesman of Philadelphia, was killed by suffocation and several other persons were injur ed by Jumping, during a tire at .tho Guilford hotel, here, carly today: Fifty guests, scantily clad, were carried down ladderr by the firemen aud hail no time to save their personal belong ings. Noue ol' ihr. Injured nr?? believed to be in a serious condition. The cauro of the fire has not been determined. It started at 3:30 in a back room and was checked before great damage wns done to the build ing. UNITED STATES HOLDS TRUMPS IN RECOGNITION May Use Thu Power as Suasion Should Military Lust Effect the Rebels (By Associated Press) Niagara Falls, Ont., Juue 26. -After a day of waiting with no word of the plans of the Constitutionalists with reference to the proposed informal conference with the Huerta delegates over Mexico's internal affairs, the me diation colony is showing signs of anxiety. Few are certain that the Contltu t ional is ts will participate. It became aparent today that although spokes men of General Carranza had express ed themselves in favor of the confer ences, the Constitutionalist chief had by no means made up his mind, lt is expected strong pressure will have to be exerted to persuade him to agree tn the plans as set forth by the mediator? when they outlined the m? thode for the adjustment of the inter national side of the problem, leaving the selection of a provisional presi dent to be determined by the two Mexican factions. The Com Hi ut iona lists' victory: at Zacatecas, it is recognized, may have a psychological influence on the situ ation. If it produces cohesion in the Constitutionalist Banks and a lust for more .military successes, close obser vers think that the Constitutionalists will be less disposed to leave the ques tion to diplomatic discussion. That the American government will usc its influence for the settlement of the controversy by diplomacy ls not doubted hore. The program of the Constitutionalists may be to capture the governmental power by military strength, hut indications are that the United States may withhold its strong est pressure, the promise of recogni tion, if further bloodshed and loss of Ufo ls not averted and terms of pence arranged.' St. I,nuls Also. St. Louis, June 26.-A week, of ex tremely hot weather reached a climax here today when the government thermometer registered 101 degrees on top ot a 22 story building. The government thermometer at the street level reached 108. NEGRO CRY IS DECRIED BY POLLOCK SENATE CANVASS WAGED WITH TABASCO AT BARN WELL YESTERDAY MAN WOULD FIGHT Governor Called An Auditor a Liar and Little Commotion Followed Special to Thc Intelligencer: Harnwell. June -?C.-The campaign meeting here today was featured by the militant aggressivem : cf (Jover nor Blease, L. D. Jennings, and W. P. Pollock. Senator Smith was al?o in a fighting mood when he answered the charge made by the governor, that ho had voted to poy $2,000 damages to a negro family us indemnity lu the event of lynching. In replying to thin Sen ator Smith read from the State consti tution, article VI Section 0. where this provision had been made hy Tillman and the Reformers when the constitu tion was re-written buck in 189.r?. Governor Blease was the first speaker, and commenced his speech with his old time bitter attacks on the newspapers, characterizing sev I eral editors and reporters as "liars." Ile said that the drafting Of the new primary rules was for the distinct purpose of. robbing him of his ma jority. "A piece of dirty, contempti ble thievery" which Portland Nod and all his associates would not bo guilty of." Ho stamped as a campaign lie the alleged claim made in the lust gubernatorial campaign that Sam J. Nicholls, a Sp?rtanburg attorney, two years ago came to Barnwell to pur chase the pardon of "Portland Ned." The Governor explained that he hnt? never, granted a' pardon to "Portland Ned," but that the convict th question was one James. Johnson. .wJ4b :,thw aites of "Portland Nodi^: 3 Pet lt Ion Wits Str?ng. The petition Xor Johnson's pardon, the governor Bald,' signed by many of tue representative people of Sparen burg county. The governor held vp a catalogue of Benedict college, a negro school in Columbia which contained a cut, showing white women as mem bers of the faculty. Blease went on to say that this1 was the condition in South Carolina ha had been fighting. It was at this stago. that some one said to have been Hurvin - Holland shouted back from tho audience, "your ^picture will be In the next group when Smith takes lt." The Lie Passed. "You're a Har," the. governor re torted. The man in thc crowd then made an effort to come to tho speaker's stand but was hindered by policemen and the report was that the map was ar rested. Mayor Jennings said that he, ex pected to expose the Governor's reb ord from every stump In South Caro lina und the two or three State de tectives going about with the party couldn't frighten him. He made the (Continued on Puge 5.) FEDERAL BANKS BE CLEARING HOUSES? This Question Unanswered; Busi ness Men Expecting Greatly Reduced Exchange Ratea Washington, June 26.--Repeated In quiries . are being made, at tho treas ury department by bunkers through out the country as to whether the Federal reserve board will have the Federal reserve banks act as clearing houses und what rate for collections will be fixed. I nder tile Federal reserve act lt ia within the power of the board to per form the functions of a clearing house for the twelve reserve banks or dejfr ignnto one of the banks which 1BT clear the business of the other elev en. Furthermore, the board may re quire each Federal reserve bank to act ns a clearing house for all of Its member banks. Secretary McAd/)0 and Comptroller of the Currency Williams have re frained from Interpreting, tho details of the Federal reserve; bank act and have ventured no prediction as to the possible action the board will take concerning the establishment of clear, lng houses and the r?gulation ot ex-' change and collection rates. However, the Federal reserve act grants the board practlcaly unlimited powers and bankers generally seem to bo of the opinion that there might be a decided redaction In collection Charges. The hoard has the power to riv the charge member banks shall collect from their patrons for clear ing checks and alco has the power to regulate the charge each .Federal reserve bank shall make" upon mem ber banks for clearing ant" collection.