The Lancaster news. (Lancaster, S.C.) 1905-current, July 11, 1919, Image 1
'
1
68TH YEAR. NO. 74.
' PRESIDENT WILSOI
in at virvivvn nrvii
id Ai wnut, nuu
*
Long 'Absent Chief Execu
Returned Tuesday Night
to Washington.
WAS AWAY FOUR MON1
Several Thousand Persons Gi
Party at Station as Train fi
New York Arrives Beai
the President.
Washington, July 10.?Preai
Wilson returned to Washlnstoi
midnight Tuesday after an abs
of four months at Paris peace
ference. He was accompanied
Mrs. Wilson, Miss Margaret WI
and by Vice Preshlent Marshall
most of the members of his cab
who greeted him on his arrlva
New York.
The presidential party was g
ed at the sthtlon by a crowd of
Cltll lliuundiiun nwiin n iiu
waited for several hours. I
brief welcoming ceremonies,
president and Mrs. Wilson drov<
rectly to the White House.
Welcoming the chief execi
were representatives of the
Partisan League of Nations, the
Camp Community ' Service and
Central Labor Union and comm
of Washington citizens headed
Commissioner BrownTow, who
tended greetings on behalf of
city.
As the president and Mrs. W
left the train shed they walked
neath a bower of flowers and ps
on to a waiting automobile bet1
long lines of girls representing
aids while the marine band pli
Plans to strew roses in front ol
presidential party at the sti
were disapproved by the police.
At tho rttv nn<!tnrflrB nrifnl
the union station, a tableaux ol
lumbia welcoming the president
illuminated by searchlights. A
tallon of yeowomen in white
forms also were present to i
their commander in chief.
Washington, July 10.?Presl
Wilson returning to Wasliingtoi
ter an absence of four month
the Paris peace conference, to
throng of many thousand Was!
ton citizens who greeted him a(
union station, that he came 1
"confident that the people of
United States were for the leagi
nations." The welcome he rec?
here, He said, was partlcu
pleasing because it was "immei
assurance" of his feeling.
Despite the late hour of ar
due to delay in docking the p
dential transport George Wasl
ton at New York, a crowd esti
ed by Mayor Pullman, chief of
lice and other officials at lfift
was at the station. It included
trict of Columbia officials, men
of congress and representative
the army and navy. Immedii
after the welcoming ci remo
President and Mrs. Wilson wer
the White House \ As they pr
down Pennsylvania Avenue
were welcomed by thousands ai
laj-ge crowd greeted thom in froi
the White House.
Responding to an address of
come from J. H. Ralston, head o
district citizens' committee,
president said:
"This very beautiful reception
taken mo entirely by surprise,
a very gratifying surprise and
makes me very grateful to you
The very generous words in w
you have greeted me are espec
gratifying to me.
"I came home confident that
people of the United States were
the league of nations, but to re<
j this immediate assurance of )1
particularly pleasing to me.
makes my home coming Just
much the more delightful. I
never been quite so eager to
^ home as I was this time, and e>
thing I have seen since I slg
t
land until now has made me f
der and gladder that I am home
country can possibly look so goo
this country had looked to me
1 am sure that I am expressing
sentiments of Mrs. Wilson and o
who are with me in saying that :
gracious reception has made
home-coming all the more plea
able."
- ' ' " '
fHE LAR
SEMI-WEEKLY. LAN(
A J NOT TREASURY'S DUTY TFRNTC ft1
* TO HELP SPECULATORS U1
SE ASSIIRF(
Nop Docs Federal Rcwrre Hoard llUUUllLl
Feel Inclined to Furnish Them ?
tive cheap Money. Taussig Expla
America Ui
Washington, July 10.?Interstate of thi
rates charged on call money loaned
to carry speculative stocks can have
?HS no permanent effect upon rates for PARU( H 1S?"
governmental or commercial and in- ?
dustrial purposes, the federal reserve . . _
reet 50ar(j declared in a statement Issued inancid XP<
roirt tonight through Governor Harding. trial Phases
. Referring to the movement of the call for JJenefit
rates, which have been as high as 2 0 .
per cent, recently, the statement said United Stat
they were "erratic," but that the ?
. arbitrary measures taken during the XT ? .
dent . , * New York.
. war to repress speculation could not ..... . .
i at . . . . Wilson on his i
be perpetuated in peace times. . . , ,
ence . .. . . States brought
The statement said that recent re- .
con- , , . . , ran draft of the
fusal of banks to take full advantage . .
by . ?. and several pro
of treasury department offers to re- A .
Ison, . ' . , , . .. . , present to tho
* deem certificates of indebtedness in ?
and w . . ..w i . . German treaty
advance showed that "banking insti- ... ^
inet. . . . . ... pages with Fren
tutions of the country preferred to .. . .. IA
il at , , . . , ' ; , side by side. It
keep their funds invested in treasury
..o . . . . a a a a < ? pects from the
certificates bearing Interest at 4 1-2 . . . , .
reet- aw a i * ? treaty which w
per cent, rather than take advantage ?
sev- , . ., . . . i ,i . United States.
of much higher rates on stock collat- ? ,,
had , .. follows the orig
eral.
Vfter .... , , .. , a. < ,i . T,ie president
' It is not the function of the treas- , ,
the # .. ? , . , , the treaty by wli
urv nor of the Federal reserve banks
e di- . , , . ... .. , promises to assis
or the hanking institutions of the , , ,
... .. tacked bv Geri
country to provide cheap money for .
iitive a . a present with tin
speculative purposes, the statement
Non- . ,.T,w 1 1 a. 1 .1 . sage Which he \
continued. The board feels that the
War ? , a. . r n Tho message w
reflex action of tlie rates for cail month?
aw a . al II WTOtO Oil the
ey on the government s financial proittee
, .w i . ? contains about S
gram and the requirements of com- . . , . .
I hv , , , . .1 i mainly with the
J morce and industry has greatly deex
, .... a i a ? of the war and i
creased, and will continue to decrease
as it becomes better and better un- * ouncl
derstood that the true functions of The presiden
ilson banking institutions of the conn- rope Decernbei
1 lie" try and the federal reserve system, months ago. wai
issed lic(ing jn (h^ir aid, is. subject to the George Washini
ween temporary requirements of the gov- economic and fli
^er" eminent, to finance commerce and in- eluding Bernart
iyed. dustry. To have definitely estab- Cormick. Normi
' the llshod the fact that there is no neces- Lament and F
ation sary connection between rates for Harvard. The
speculative purposes and for connner- council at Parli
lninB clal transactions is in itself an im- its activities, i
portant development. IfoOver will ren
was nal decision is
ba!" DRIVE IN ALABAMA ran members f
unl" . ? . should dissolve
sreet AGAINST SUHRAI.E French member
I . , . of its work.
Resolutions Introduced in General
The returnini
I dent Assembly Providing for Refus- po,ts bring muc
i of- ?l Ratify Amendment. mation showing
s of degenerated
id a Montgomery, Ala., July 10.?On of the peafe ti
ling- the convening of the Alabama legis- the German tr
i the lature hero a Joint resolution was States memorar
lome introduced In the house providing for Tasslg savs cot
the refusal to ratify the woman suffrage ties and navigat
le or amendment to the federal constltu- "The United
*?ved tion. Opponents to suffrage by fed- advantape an'(1
tarty era| amendment asserted that aufll- tapos We
diate eient votes 'were pledged in both n ,
next five vears
houses to reject the amendment. (jon treatment ,
rival Efforts were made in the house to
iresl- take immediate action on a resolu"Wo
hocoiiK'
tilng- tion to endorse the peace treaty and
mat- the league of nations, but opposition ed?al tie,
' po- developed to taking it up at once. 'n* ?' ^*erman s
,000, Governor Kilby addressed a joint OUI" 'fn
Dis- session of the two houses, speaking ^ treaty wi
ibers more tlian an hour, during which lie 'or a Porn"
s of discussed conditions in the state and ta^e effect whet
ately recommended legislation affecting ed ls ovor-"
nies, ucation, public health, changes in One of the si
it to the form of handling the state's con- Mr Haruch's rq
issed victs, taxation, finance and revenue, man treaty afl
they In the latter instance the governor United States in
nd a suggested na a revenue producer a erty rights, sue!
nt of state Income tax and a tonnage tax marks \meri
on coal and iron mined in the state. vented during I
wei. ? ing their invei
f the mC* AMOUNT OF WORK trade marks ii
the BEFORE THE PRESIDENT sjK"a??'> fount
i The trealv prov
. for patents in G
nas Vast Accumulation of Important Mat- ... .
. within six mon
ters Is Awaiting His Con- becomes effect I
sideration. renewed in Get
other signatory
ially Washington, July 10.?When Pres- ,nu require!
ident Wilson returns to his desk he 1beginning
the will face what probably will prove his Patent High
s for busiest week In the White House. A- Measures taki
?eive vast accumulation of important mat- the United Stati
t is ters awaits "his consideration. date German pt
It The president will deal with the as valid and re
that subjects before him with as great many waives lii
have speed as possible, in order that he States for Infrln
gei may make an early start on his cldent to the pr
rury- speoch maklrfg trip. It has been In- but the right of
hted dlcated that he would IJke to leave infringement du
{lad- Washington about the middle of next German governr
i. No week. vlduals is not w
d as Among matters awaiting the presi- A momoran(|
and dent's immediate attention afe bills K|V<>H (he effort
the passed recently by congress and on (he treatmei
f all which carry appropriations of more tTnitpd states. '
your than $2,000,000. Among the mean- un, rjphtB undei
our ures are the annual navy, army and {or citizens
isur- agricultural bills and the deficiency
and the sundry civil measures. (Continued
r 'dMLfcfVi.ii r %.??.* . - *. .?
V
ICASTE
;ASTER, S. C., FRIDAY, JULY 11, 1919.
F TREATY LANCASTER Hi
5 EQUALITY NEW COUNTY
ins the Rights of W. F. Howell Appoi
ider Provisions Has Already Entere
e Treaty. His Duties.
IUES SUMMARY SUCCEEDS MR. C
ert Reviews Indus- He Comes With Muc!
of the Document Information and I
of Citizens of the in Matters Pert*
es. Agriculture.
July 10.?President W. F. Howell has bee
return to the United county agricultural ager
with him the Ameri- caster county to succeed
German peace treaty ber, who resigned some
tocols which ho will accept a similar positi
senate today. The county. Mr. Howell arr
makes 450 printed day and has already er
ch and Hnglish texts, his new duties.
differs in many res- The News hag received
original draft of the ing letter from R. W. Gi
as published in. the ing to the work in this o
but in essentials it "The director of agri
inal draft. tension service,, Clems
t also has with him has just announced the i
lich the United States of W. F. Howell, as con
st France if she is at- tural agent for Lancastei
nany which ho may fective July 10. Mr. Hoi
> treaty and the mes- Lancaster county yester
vill read to congress. 'busily engaged in getting
hirh the president with general conditions <
George Washington ty.
i.000 words and deals "Mr. Howell is a Sou
broad general phase man. a graduate of Olen
?eacG- and/ is well qualified foi
il Holds On. which he is to assume,
t. who left for Eu r?turned from oversea i
i* 4. nearly Reven Anif,riean army. Afl
s accompanied on the 'llR n<^ armistice Mr.
tton by a number of a scholarship to th
uinclal specialists, in- nf IJr'st?l, England, and
1 Baruch, Vance Me- wa8 afm'ded an opport
in Davis, Thomas W. vosti>IIl,(> agricultural c
'roferiBor Taussig of that country. I am sui
Rupremo economic of t'ie Information wfiicl
i has virtually ended cnn made of value to
ilthough Herbert C. of Lancaster county,
nain there until a fi- "1 wish to take this or
reached. The Amer- 'hank you for the hearty
elt that the council which you gave me w
but the British and '"incaster county as
* favored continuance agent, and ask you to gi
ell the same help and
ir economists and ex- ment. Lancaster count
h material and infor- Possibilities and with t
the economic phases cooperation* developing
Europe growing out m,s communities of
peaty. The effect of should make rapid stri
eaty on tho United sressive agriculture ai
iduin by Professor Prowing within the next
icerning customs du- "I am spending two o
,on: with Mr. Howell in Lan
States gets no special *>' Putting him in tou
incurs no disadvan- work which we had
ome assumed in the While In Lancastci I wll
of most favored na- to accompany Mr. Howe
is regards Import du- "P?n a number of farmc
ness people of the count;
assured also of com- " ~
(itment. on the foot- 19,650 PERSONS PA
hips or any other, for SEE CHAMPIONS
German ports.
II have to be conelu-|
The Itcfoiats Were l.es?
inent arrangement to
l the five year period Million Dollars?-Tlie I
Profits I'nder #!<
uminarles made from
views show how Ger'eets
citizens of the Toledo, July 10.-- Ex
their Industrial prop persons paid their way i
i as patents and trade view park arena 011 July
runs who were pre- heavyweight champions!
he war from patent- tween Jess Willard and
ltlons or registering. aey.
1 Germany or other' official figures as ti
rles may do so now. n(j receipts were an
ides that applications Frank B. Flournoy, Tex 1
ermany may he made HOCiate In the venture,
iths after the treatv The receipts after the
re. Patents may ho (ax of f41 78f, 94 had bf
many or any of the were $410.732 16. The
countries by lultill- charlty fund for the clt
nents of the war pe- ^
? v ?as slightly under $30,0
August 1, 1914.
There wore 292 polici
t? for Americans. . .. ?? ? ..
stadium. 72 firemen. 60<
r?n during the war by ticket takers, 20 ticket s
*s to license or liqui- press representatives.
itents are recognized .
_ A1 ^ The principal expenses
main eflfectl'-e. Oer- ? . ...
ability of the United m0,0r!' W'!r', "" ,ollow":
gement of patents In- Wlllard, $100,000; De
osecutlon of the war. 0(,0; arena constructs
Americans to sue for 0,ly of To,edo Parity fui
irlng the war hy the total *:i07'500nent
or German lndl- Other charges prohabl
raived. the C08t approximate!}
urn by Mr. Baruch ,eavin* ,ho Promoter*,
of the German treaty what be,ow *100.000. \
at of citizens of the *a'dThese
include the us- Tho arena was constn
r commercial treaties ?7.000. Flournoy annou
of each country to had been sold to the Ami
Wreel#lng company, of
on Page Right.) $26,000.
r NEW
SUB
IP 1 FRENCH BID FOR ARMY
W A EQUIPMENT IS TOO LOW
AGENT
ilUUll I American Army Material to lie Sohl'
I to Others If French Won't
? **
uiivru tiiiu iay i-.itougli.
d Upon
Washington, July 10.?The French
Rovcrnnient having offered only
$300,000,000 for American army
RAKBER equipment in Franco costing $1,500,000,000.
the war department has orw,
, . , dered a sales organization for dis?
\ uluablo , - , . . , . .
posal of the property to he formed in
Experience France, Director of Sales Hare told a
lining to sP<10'a' committee investigating war
department expenditures abroad.
Mr. Hare, with a small party of industrial
experts, will sail for Europe
n appointed on Saturilay to be?iu their work
it for I an- abroa(l- Sales offices and organizaR
W Grae- t'ons bo organized and maintime
ago to ta,net* nt vario,,s Places throughout
on in Lee iPurope, the director said, and much
___A . of the material mav ho rotnrnoil in
i\eu ycbier- " ~ vv
itered upon tbe * nited States.
4 "If France will not pay a fair figthe
follow- ure>" tho director added, "we will
raeber relat ,akr ,ho s,ufl out of the country and
ountv se" elsewhere."
cultural ex- Sales of machinery and tools,
on college. worth $20,000,000 to $30,000,000 to
appointment Re,K>lIn>- arf; planned. Mr. Hare said,
ntv aurlcul- horses and mules may be sold
r countv ef- to '{umania and Poland.
.vol 1 reached Members of the sub-committee ii?
dav and is tl,oir discussion with Mr. Hare made
: acquainted plain that they favored returning
of the coun- a" I)05,Ri'>l? supplies to this country
"to break the high prices." In reply,
ith Carolina Mr- ,Iarc assured them that "if the
ison college, he,ter market is not there, not in
r the duties Price alone, the goods will be reHe
has just turnod home as the patriotic thing."
service with *^'r **are outlined his sales policy
ter the sign- as not to P'eserve high prices for
Howell was lien?1t of manufacturers, but to pree
University vent unnecessary industrial disturbwhile
there ances an,l sacrifice in prices that
unitv to in- wou,(1 result from "dumping all suronditions
in plus soods on the market." Referre
that part r'np to ^he meat packers and vogetai
he secured b,? canners, he said:
the farmers "We have told them we don't intend
to save them, but to play the
game for the best of all."
>poiton t\ to ships for return of poods from
coopi ration ay,roatl are exported to be available
11 < serv ng a^out September 1. tlie director said.
v'^Mr" How American aircraft in Europe will
not be subject to his disposal, the diencourape
rector said
y has preat |t
be spirit Of regul ar air traffic
in the varithe
county OVER SEAS PREDICTED
<les in prond
livestock Secretary of Navy Foresees the Time
few years. of Freight and Passenger
r three days Service,
caster coun- _____
rh with the Washington, July 10.?Prediction
under way. that the present generation will seo
II lie pleased inauguration of regular freight
11 in calling an(j
passenger traffic bv air across the
rs and busi- seas js made in a letter from Seeretary
Daniels to First Lord of the
Ilritish Admiralty Long, which was
id to made public and which will be con||Ip
jjQJJ'p veved to Mr. Long by the Ilritish
dirigible R-34. The secretary's letter
is in reply to a message of greetings
? Than llalf from admiralty chi^f brought by the
,, , . dirigible.
promoter si ^ ......
"Our country was filled with pleasttfOOO.
i,ro at the successful arrival of the
R-34 and the navy of America salutes
the British admiralty," Mr. Daniels
ao!. 1.1,650 Wrote. jg ol,r privilege to live in
nto ' Ma>- R (jay g10 fulfillment of many vis 1
to see the . " ,
I ions and urea ins.
,lp bmM be"l "I I hank you for your letter, the
Jack ni.st ,f.ame across the son in a
ship that has conquered the air, the
? attendance jasj element left to the conquest of
nounoed by nian. We will live to see the day
Itiekiird s as- when we will fly across the seas as we
have traveled on the trains ' Who will
government prophesy these still greater wonders?
ten deducted "I congratulate your great empire
7 per cent, and its spirit of daring and skill eviy
of Toledo dent in this epoch-making flight It
no. was a delight to welcome your aviaenien
in the t?rs an<l to fln<l ,hat your men are
r> ushers. 00 greater than their wonderful aehieveells
and 454 men!."
4 Mr. Long's letter, also made public,
\ of the pro- Rabl'
"I take advantage of the voyage of
the airship K-34 across the Atlantic
mpaey, ' to send you a few lines of most
n, leO.OOO, friendly greetings. On both sides of
tid, $30,000; .. ' . . ? ,
the great ocean our hearts are full of
thankfulness for the final act which
y will make marked termination of the territ
$325,000, war which lasted for more than
profit some- four yoars, and we think with gratiIr.
hlournoy an(j reveren e of the heroic sac*
riflces of those who gave their lives
icted to seat to save the freedom of the world. Toneed
that it gether we have solved the great proh?rican
House lem of the war, together let us apChicago,
for proach the no less difficult problem of
peace."
1
SCRIPTION $2.00 A YEAR
WAR COST AMERICA
nuro on mi i iaiio
VYLIY OU DILLlUWi
Secretary of Treasury Glasx
Submits Estimates to the
Congress Committee.
ABOUT 29 PER CENT PAIII
That Much Raised By Taxes and
Revenue Other Than Borrow|
ed Money?Foreign Loans are
Included.
Washington. July 10.?The war
cost the United States $30,177,000,000
up to Juno 30, 1919.
Secretary class made this estimatein
submitting to the congressional
appropriations committee the preliiuIinary
satements of the treasury on
the condition of the nation's finances..
ite .arrived at the estimate by subtracting
the average peace-time expenses
for the same length of time,
at the rate of $1,000,000,000 annually.
from the total expenditures, $32.?
427,000,000 during the war.
Taxes and other revenue thart
borrowed money to oh care of $9,.384,000,000
or about 29 per cent af
the war cost. The remainder came
front Liberty bonds and Victory noter
issues and savings stamps
Further issues of bonds, Mr. Glass,
said, will not be necessary "beforethe
maturity or redemption of thtr
Victory notes," which have fouryears
to run. While it is impossible?
to estimate the expenses to be incurred
during the present fiscal year,
the secretary is confident that treasure
certificates supplemented byshort
term notes will provide the necessary
funds to pay the government's
debts.
"I need scarcely say," the secretary
added, "that the realization of
these sanguine expectations is contingent
upon the practice of the most
rigid economy by the government
and the continuance of ample/ revenues
from taxation. Such a eourse,
accompanied by the practice of sober
economy and wise investment by our
people and strict avoidance of waster
I ...... ill.II HIM. will IIIilKI* II pOSSI ?
file, for the American people to resj
pond to t he demands to be made*
upon them privately for capital and
credit by the nations of Europe?
demands which are reinforced b>~
the strongest and .most vital ties of
sympathy for the allies, who fou&hCt
and won the war with us- as well a<
by the most obvious dictates of self*
interest."
In calculating the war cost Secretary
Glass made no deduction of expenditures
for loans to the allies,
which amounted to $0,102,000,000
on June 3o, or for other investments,
such as ships, stock of the war finance
corporation, bonds of the federal
land banks, etc. The pros*
public debt June 30, without deducting
such investments, was $25,484.OOn.oOO,
a net increase for the war
period of $23,043,100,246, representl
ing the excess of disbursements over
| receipts.
Recent disbursements have been
I on a steadily descending scale . Ex- ,
penditure> in the fiscal year just end!
ed amounted to $18,514,000,000, virItuullv
tb?> Iic.lii nil.ill. l.v
j exports last November when the cessation
of hostilities necessitated sudJ
don revision of the government's
plans, in J vine the expenditures wera '
1 $809.n00,000. the smallest amount in
I any month since September, 1017.
The floating debt. June 30 was $3,634,0u0,000
in the form of treasury*
| certificates, of which more than
$608,000,00'! matured or were redeemed
July 1, leaving slightly mora
than $3,000,000 outstanding, which
ir roughly the amount of the deferred
installments of the income and profits
taxes for the fiscal year, 1919,.
but coming due this year, and of th?
deferred installments of the Victory
loan subscriptions.
Marked improvement in the market
prices of exisiting government
issue? in the interval to elapse before
other bonds are offered to investors
was predicted by Secretary
Glass, with corresponding decrease*
in the Interest basis at which they
' hgve been selling, and consequent
assurance that the government will
he able to finance itself for a longer
period upon better terms, when tho
four-year Victory notes mature.
(Continued on Page tilght.)
i