The Lancaster news. (Lancaster, S.C.) 1905-current, November 03, 1914, Page 8, Image 8
8
COTTON EXCHANGES
TO REOPEN NOV. II
New York and Liverpool t<
Open Simultaneously.
IMPORTANT CONFERENCE
Outlet fur Tie?l l'p Cotton Marketi
Worked Out at Conference
of K\|?'rts,
Washington, Oct. 31.?An oullc
for the tied-up cotton markets >
this country was worked out today
when at a corference of fedem! re
serve and private bankers, topeihei
with Sir George Parish and Basil 1!
Blackett, representing the Britisl:
treasury, it was agreed simultan
eously to open, November lfi, tin
New York and Liverpool cotton exchanges.
Sir George spoke authoritatively
he said, for his government as to
the Liverpool exchange.
The next important step to be
taken by the bankers will be to
agree next week upon a system of
exchange of nine months' certificates
that may be used by American merchants
in lieu of luring over $40."),000,000
or more of gold to Kngland
to strike the balance of trade.
"he day decided upon for opening
th^ New York an i Liverpool cotton
exchanges is that already* fixed bv
3eoretary of the Treasury McAdoo
fo opening the feival reserve system
In connection with the reopening
of the New York cotton exchange it
was learned also that a group of New
York bankers has agreed to underwrite
a loan of about $10,000,000 to
carry cotton brokers through the
storm that will break on theni when
trading is resumed, and save them
from disaster.
Hundreds of brokers on both the
Liverpool and New York exchanges
had many contracts known to the
profession as "spread and straddle"
contracts, on their hands when the
exchanges were closed. These contracts
had been entered into at prevailing
prices, which were much
higher than anything that could he
obtained now. Many brokers would
be ruined if they were called on to
make good without aid from banks.
The likelihood of disaster to many
brokers was one of the principal obstacles
to be overcome in arranging
for the reopening of the exchanges,
and it was not provided for until the
New York bankers stepped forward.
The $10,000,000 will be loaned to
the brokers and repaid by assessments
against the commissions that
they make after business is resumed
on the exchange.
A similar plan for the assistance
of the brokers on the Liverpool exchange
is being worked out. Sir
Cieorga Parish informed conferees.
Treasury department officials are
optimistic that the new plan will
work out \yith entire success and
that it will re-establish tlie cotton
industry. When the New York exchange
is opened, not only will the
federal reserve banks anil the now
federal reserve system be in full operation,
but the $135,000,000 cotton
pool will be largely distributed and
conditions generally will be as favorable
as extensive preparations
can make them for a resumption of
eotton trading.
The effect on the disposal of tin*
South's great cotton crop is expected
to be marked The Knglish mills
will probably buy in large quantities
at the favorable prices and a vast
amount of money will go into the
speculative market.
The theory is that cotton at 6
cents, which will he established as
the rock bottom price by the operation
of the big cotton pool, will appeal
to the public as a good buy for
surplus money and that a tremendous
quantity will be disposed of in
this way.
W. G. P. Harding, member of the
federal reserve board and the expert
in general charge of cotton relief,
made this statement after the conference
today:
"Satisfactory progress is being
made on subscriptions to the cotton
loan fund. The committee are actively
at work in the various clearing
house cities to which the matter
has been referred.
"St. laiuis reports that the full
it mount auoiTeci to that city, $7,500,000,
has been raised, and the subscribers
are ready for the underwriting
contract."
Notice of Discharge.
Notice is hereby given that the
undersigned will, as committee of
the estftte-^f Terah liruee, deceased,
on the lOtn^day of Not. 1014, make
his final return return as such committee
and Vpply to the probate
court of Lancaster county for letters
dismlssory. X
few M brucf:.
Committee Estate fit Terah Jrure,
Deceased.
Oct. 20. 1914,
f
TO lltTY COTTON.
1
Chewing (.uiii King to Purchase
^ #1.000.000 Worth of Cotton.
J Chicago. Oct. 31.?The William
Wrlgley, Jr., Company, chewing
1gum manufacturers, announced to *
;
day that It had evolved a plan to us*,
a portion of its capital end credit in
helping a little to relieve the
financial situation of the eotton
s'growers and invited other manufnc-i
turers to follow the same idea.
The details are given in a letter
t mailed by President Wrlgley to rel
tail dealers in the cotton states as
, follows:
"We will take from you middling
cotton at 10 cents per pound, not
only for the amount of your present
i indebtedness to us. but also to cover
any purchases you may make from
us up to December 31. 1014. The
only stipulations are that the cotton,
for which you charge us 10 cents a
i pound and warehouse for our account,
must be taken from a needy (
! retailer, who in turn is taking it
'from a needy farmer, and that when
our purchases of cotton in this manned
have reached the sum of $1,000.000
we are at liberty to discontinue
the arrangement if we think
it is necessary to do so. You, of
course. understand that our only
possible object in buying an article
at three cents a pound or so higher j
than the market is to help our good
friends in the South just at this!
time.*'
ASKS TEACHERS, NOT LAWS.
' Education Can't l?e liOnlslate<l Into
People, SayN Swearingen.
Spartanburg Special to Charleston
News and Courier, Oct. 31.?What j'
Is needed to combat illiteracy in
South Carolina Is not new laws, but 11
more teachers and n more earnest |1
spirit of co-operation among the people,
said J. E. Swearingen, state 1
superintendent of education, who 1
passed through Spartanburg today
on a tour of inspection of the schools
of the county.
Mr. Swearingen. in an interview |]
said the seriousness of the educa- i
tional situation was not to be minimized,
but that it was folly to thin!< I
that all that was needed to stamp I
out ignorance was some new laws. <
More teachers were required, he i
said, and to illustrate his point, drew <
attention to the fact that in one <
school of this county there was only
one teacher for 100 pupils. '
Above all else, however, Mr. I
Swearingen put co-operation among '
the people. If they would get t<.- <
getlier and do what lay in their own
power to remedy conditions, instead '
of depending on their law timbers
to solve the problem, the situation 1
\yould soon he improved, is the '
opinion of the state superintendent
of education, and the ratio of illiteracy
in Spartanburg county, which '
he said was now about 25 tier cent. <
soon would bo reduced.
lied Cross Appeal. I
To the People of South Carolina: ,
In asking your paper to present
to you this appeal in the name of (.
humanity from the American Red
Cross I shall be brief and not overlax
your patience.
There is suffering and distress premailing
in Europe today, the magnitude
and depths of which never entered
the mind of man. The victims
now from conservative investigation
have renched the appalling number
of one million fatherless children,
and one hundred thousand
widows. Think of it in the fear of I
God. These an independent citizenship
having had all the comfortR and
conveniences of life living in happy
homes and in charity with all the
world,
A war for which no o*i? can give
a reasonable cause came upon them
like a thunderbolt from a clear sky
involving two-thirds of the nations
of the earth.
Those prosperous people living in
the section of the war zone that has
become the theatre of the most
bloody, merciless wnr that has ever
blackened the story of civilization, 1
have met the reverses and barbarities
that reach Satanic cruelty.
Their crops have been destroyed,
their homes ruined and burned?
their ail gone ?tlietr all gone?this
Is no overdrawn picture, it is almost
i beyond our imagination. Shelterless,
clotlisless, provlsionless. In dismay,
hopeless, not knowing w here ;
to turn, with no eye to pity, and no'
arm to save.
My friends and fellow citizens,
think of the situation and take it in |
u yon can. we plead and pray that
your hearts may be touched and j
your pocket books opened,
i Don't treat this petition with in- i
difference. It comes to each and
every one of you as a message from
above. "He that hath this world s
! goods and seoth his brother in need;
and shutteth up his bowels of com- i
passion from him how dwelieth the
love of Cod in him."
Send your contributions to the undersigned,
they wili be most welcome
and promptly acknowledged and
handled.
In all modesty and esteem, I beg
leave to remain.
Your friend and servant.
A 0. KAUFMAN.
; Acting President South Carolina i
State Hoard American Red Cross. |
Charleston. S. C., Oct. 26. 1914.
TIIK LANCASTER NEWS
CRACOW, WHER
K
* ri
i i is
time always will bo a precious mom- >
:>ry. *
(Signal! "AliBKRT."
The American commission for re- t
ief in Belgium, nn official body rec- t
jgnized by the various governments, (
BRITISH WOUNDED AR
^ y|^^. 4 - Wg3
' "tjk '
^ -*^ ^ ^ *' ^jj
III ii .?
Two wounded s>uldi?iH of a tiighlfei
treatment photographed on (heir rrl
Citadel of Cracow, on u cliff overloi
stand against 1he Hussian artnics. Cra
AMERICA MUST ED !:
BELGIANS DURING WINTER
I
I
King Albert Adds Voice to Ap- 1
peal for Help for People. ,
1 }
FIVE MILLION A MONTH, j
Thin Sum Will be S|>ent Kacli Thirty 1
Days for Necessaries for
the Population. i
<
London, Oct. 31.?King Albert,
af Belgium. has naked the American I,
people to help feed his starving peo- ( |
pie during the coming winter. His (
message written under lire In the',
battle before Dunkirk, and transmit-,,
ted to the American commission here |
for relief in Belgium, follows: !,
"1 am informed that American of- ?
flcials and citizens In Belgium and i
England are working to save my '<
people from the horrors of the '
famine which now threatens them. , f
It is a great comfort to me in this i
hour of sorrow and misfortune to t
feel that a great-heated, disinterest- ! i
ed people is directing its efforts to f
relieving the distress of the un- 1
attending civilian population of my I
ountry.
"Despite all that can be done, the i
suffering in the coming winter will 1
he terrible, but the burden we must f
hear will be lightened if my people i
ran he spared the pangs of hunger i
with its frightful consequences of I
lisease and violence. i
"I confidently hope that the ap- <
peal of the American commission f
will meet with a generous response. '
The whole-hearted friendship of <
America shown my people at this '
1, NOV KM BKU 1914.
E AUSTRIANS ARE CO!
v"';V *%jS
lip*' " -'v | - .<>< <*K
" '
oking 'lie Vistula. which the Austrian
cow wai> the capital of ancient Polam
Is the only channel through which
rood can be introduced into Belgium.
By its association with a committee
In Belgium it has an efficient agency
for food distribution. 11. C. Hoover,
idialrmun of the commission, today
issued an appeal to American newspapers
in which he said:
"We have received reports from
members of this commission who
sere sent Into Belgium. Their reports
show that there are still some
7,000,000 pepplc in Belgium. In
many centers the people are receiv-*
ng an ullowuuce of a little more
han tiiree ounces of flour per capita
Ir.ily.
"Our nvnorlu onlonlni^ *>? ?
^ V, .? |> V- vo \ U?* U IUIC I I lit I IU
ivoid ftotual starvation Belgium
mist have every month a minimum
)f 60,000 tons of wheat, 16,000 tons
if corn, 6,000 tons of peas or beans
md a limited amount of baron or
ard. All this will cost $4,000,000
if $6,000,000 monthly. There is no
noney in Belgium. The whole credit
nachinery has censed. Eighty per
ent of the people are unemployed.
"A plan may be devised whereby
mch Belgians as possess property
nay give obligations to pay when
he war ends, hut even if we could
ealize on these obligations we must
dill have at least $2,600,000 montliy
in food or money with which to
my it.
"During the past week we have
eceived and expended in emergency
ood $600,000 and yet this is only
our days' supply. The problem is
mmediate. The Belgians are helpng
themselves, but they can do
ittle. The British and French are
mder such strain that they also can
lo little. Besides these nations, together
with the Dutch, have a milion
refugees on their hands. Ameri :.ns
must feed Belgium this winter.
There never was such a call on
Vmerican charity and there never
vas a famine emergency so great.
"Will you, therefore, in the Inerests
of humanity, open a subscrip
mil Ulllon* your readers, oar-mark - I
d 'For the sole purpose of purohnsRIVE
AT FOLKESTONE
jttr-%. fj^ ^ * *v y
ad itogitnenl ?*nt bark to KtiKl&ud foi
vh! nf Flnkpatone
MCENTRATING
?
armies are trying 'o reach for a lust
il and Ib very strongly fortified.
ing and transporting food.' Every
dollar so raised will be used to
purchase food in the United States.*'
\COUNTYNEWS\
ELGIN.
Special to The News.
Elgin. Nov. 2.?Little Miss Isabel
Ferguson of Lancaster, who has
been spending a while with her
grandparents. Mr. and Mrs. J. D.
llalley, returned home Sunday.
Miss Eva Mae Duren attended the
state fair last week.
Mr. Robert Johnson of Lancaster
spent Sunday with his father. Mr. C
P. Johnson.
Mr. Dewey Olountst of Rock Hill !
i spent Sunday in ElgTn with 'rlends. !
Miss Onibel Duren of Lancaster
spent Saturday and Sunday at her1
father's, Mr. T. R. Duren.
1 Mrs. J. H. Bailey and children j
spent several days last week with
her mother. Mrs. Porter, of Lancaster.
Misses Irene Stewman, Jessie and
Rosalia Ferguson of Lancaster spent
Sunday with Miss Kva Mae Duren.
Mrs. Minnie Shiliingiaw of Leslie j
is visiting her brother, Mr. J. G.
Stogner, in tills vicinity.
Mr. and Mrs. J. G. Railey of
Springdell visited the former's father.
Mr. Jack Railey, fjaturday and
Sunday.
Mr. Stanlev Truesdale of Charlotte
spent Sunday with his mother,
Mrs. Mattie Truesdale.
HKATH SPRING.
Special to The News.
Heath Spring. Nov. 2.?The Rev. ;
T. W. DeVane gave an interesting
and instructive address on the his- '
tory and principles of Masonry before
Barron Lodge, No. 261, Fridaynight.
The Buttrick Literary Society will
hold its regular monthly meting at
the school building Friday night.
November 6th. An interesting program
will he carried out.
Miss Ruby Rutledge, a Winthrop
student, spent Saturday and Sunday
it the home of her father. Dr. J. A. j
Rutledge.
Mi?s Fstelle Bell has returned
home and occupies her position -it
the | nstoftice, after u visit of several
weeks to her sister, Mrs. O. C. Croxton.
of Columbia.
Mr. and Mi*. R. O. Small of Rich I
Hill visited Mr. and Mrs. D. W. i
Hendrlx Sunday.
Miss Mattie Mae Mobley has gone
to Kershaw county to accept a position
as teacher.
Mr. H. A. Aldrich is at home
from a business trip to the northwestern
part of the state.
The Pleasant Hill school district 1
has recently completed an elegant
and commodious school building and
has engaged Miss Maggie Tompkins 1
of this place to teach during the
current session.
Miss Florence Bell went to Columbia
Sunday to visit friends.
Mrs. Lula Vaughn has accepted
a position In the office of the Knter- .
prise Mercantle Company.
Try Tills For Your Cough.
Thousands of people keep coughing
because unable to get the right ,
remedy. Coughs are caused by in- j
fiammation of throat and bronchial I
I tubes. What you need is to soothe t
this inftammMlon. Take Dr. King's!
New Discovery, it penetrates the |
delicate mucous lining, rnlses the i
phlegm nnd quickly relieves the congested
membranes. Get n r>i?c bottle
from your druggist. "I)r. King's
New Discovery quickly and completely
stopped my cough," writes J
It. Watts, Floydale, Texas. Money
back if not mitisfled, but it nearly
I always helps.
I Heath Springs defeated ftock Hill
I in a game of basketball this after|noon.
the score being 15 to 11.
! It Really Does Relieve Rheumatism.
| Kverybody who is afflicted with
, rheumatism in any form should by
all means keep a bottle of Sloan's
Lininment on hand. The minute
you feel pain or soreness in n joint
or muscle, bathe It with Sloan's Liniment.
Do not rub it. Sloan's pen- j
etrates almost immediately right to
the seat of pain, relieving tin- hot.
tender, swollen feeling and making
the part easy and comfortable. Get
a bottle of Sloan's Liniment for 25
cents of any druggist and have It in
the house?against colds, sore and
swollen joints, rheumatism, neural
1 tela, arlatira and like ailmenta. Your
money bark if not satlafleri, hut it
does give almont inatant relief.
r
FLAT CRKKK S. S. CONVENTION.
rroxram for Saturday, November 14.
at Kerahaw lin|>ti*t Church.
The Flat Creek Township Interdenominational
Sunday School Convention
will convene with the KerI
O..A 1 4T.
j oiiaw i|#11r*i i iiuii ii oaiuiwuy, noveinber
14. at 10 o'clock a. m. Devotional
services by Rev. T. A.
Dabney. Organization by enrolling
delegates from each school of the
township. Rlectlon of officers viz:
a president, a vice president, a secretary
and treasurer.
Verbal report on condition of the
! Sunday schools.
First query: The qualifications
of the teachers, who teach in a successful
school, also give the effect of
preparation in the entire nianage;
nient. Speakers: Rev. J. B. Gaston,
Rev. T. A. Dabney, Rev. S. D.
Holey, J. VV. Hamel, Rev. J. M. Neal.
Second query: The Sunday school
as a local help for Christian work|
ers. Speakers: Rev. T. \V. N.
J Faile, W. IT. Olyburn, Rev. Jabez
Ferris, W. L. Croxton, \V. P. McManus,
1). A. Williams.
Third query: In your own way,
| give the greatest needs of the modern
Sunday school, and how to secure
the same. Speakers: Rev. P.
K. Illackmon, W. C. Adams. Dr. B.
J. Jones, M. C. Gardner, Dr. J. H.
, Thayer. Dr. J. VV. H Dyches.
You Make Friends By Recommending
a Reliable
Kidney Medicine.
Your representative called at my
door yesterday meaning to leave a
nfimnln ? t VA.._ _ A I CI Y1
a?ni|ji<i ui tuur ii'iu'ti owamp-nooi
and I am certainly pleased to see
anybody connected with the Ann
who makes a medicine which has
done so mnch for me and my family.
A few years ago I was suffering
from a terrible pain in my back
and when I was up around the
bovine I had to walk wtth my body
bent nearly double. If you had
placed a thousand dollars above my
head I could not straighten up to
get It.
Hearing of Drj Kilmer's SwampRoot
I sent to yoa for a sample bottle
and from tne effects of that
small amount I /was sure it would
help me so I bought one bottle and
it has cured mel
Shortly after Vhat my husband
who wan a coal nvtoer, was suffering
from kidney troubl^^nnd could not
work and I sent for\ some of Dr.
Kilmer's Swamp-Root.\ He was in a
terrible condition, biitl as the doctors
had not given mel any relief, I
had more faith in SwJmp-Root and
it was well founded, for it did the
work and after takinf* a few bottles
he was completely cared.
I dally recommend the use of
Swamp-Hoot to my I friends and
neighbors.
Sincerely yovfrar-^
MRS. JOHN NORDQITHBT,
Galeton, Henna.
Sworn and subscribed tcj before
me, this 14th dav of May, |912.
W. D. ALLEN# J. P.
l/etter to i |
Dr. Kilmer & Co. '
llingliamton, N. Y. \ ^
Prove What Swamp-Root Will l>o
For You.
Send ten cents to !">r. Kilmer &
Co., Dinghamton, N. Y., for a sample
size bottle. It will convince anyone.
You will also receive a booklet
of valuable information, telling
about the kidneys and bladder
When writing be sure and mention
The Lancaster (Semi-Weekly) News.
Regular fifty cent and one-dollar
size bottles for sale at all drug
stores.
CABBAGE PLANTS.
Weather conditions have been
ideal and I am justified in saying
there are\ no better Cabbage Plants
to be had\ The stands are beautiful
and you wlH.be more than pleased
with them, yiricties: Early Jersey
Wakeflelq, Charleston Wakefield,
Early ISprlng, Early Plat
Dutch, Late Plat Dutch, Early Succession
and Late Succession. Price
7 5 cents for 5rKki. $1.00 per 1,000;
5,000 and over 85\ cents per 1,000.
n? .v.. 11 IP. ...... ...I 1111. rnA
M mj limn u u veil CO | put 1UU, OUU,
$1.25. Special priae on large quanilties.
V.
Heet, Lettuce and\Onlon plants
ready for Hhlpme.it after December
1st. Write for prices h>n these.
Orders are filled samrvlay received.
Appreciating your raivors.
ALFRED JOUAI^NET.
Mount Pleasant, 8. C.
7-2?t
Notice of Discharge.
Notice Is hereby given that the un- >
dertdgnod--ieUl. as guardian of the
estnUTm Cufhfc^rt Gregory, her
ward, on the 8th TSly of November,
1914, make her final reKirn as such
guardian, and apply to the probate
court of Lancaster county for letters
dlsmissory.
S. J. GREGORY.
Oct. 9th, 1914. Guardian.
Lancaster & Chester By. Co.
schedule In Effect Nov. 9th,"1913.
Eastern Time.
WESTBOUND.
Lv. Dniester 6:00a?3:ir?p
Lv. Fort/Lawn 6:30a?3:65p
Lv. BaKodmville 6:47a?4:15p
Lv. UlcVfourg 6:58a?4:30p
Ar. Cbelter. 7:40a?5:16p
TJASTBOUNI).
Lv. Chester .| 9:30a?6:45p
Lv. Rlchburgl 10:20a?7:27p
Lv. Haaoomvllle ....10:31a?7:38p
Lv. Fort LawnV^. . .11:03a?7:55p
Ar. Lancaster .71. ..11:30a?8:2rp
Connections?Chester, with Southern,
Seaboard and! Carolina A Northwestern
Railways. V
Fort Lawn, with 8eaboard Air Line
Railway.
Lancaster, with Southern Railway.
A. P. McLURE, Supt.
CcmSvAttvX 6oj6vcvx^'v* o-KvtOt.
Covx\i|o\? UtaU.
axvOuuxmwX utWcuSoxtfft.Tob
oo^ u\h*Jaci\.Xwu.te *XaxX
TIIK KIRNOATIONAL HANK