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mmm* , ESTABLISHED 1844. 5 i I 11.3 Press and Banner ' BBEVILLE. S. C. S2e.V * 'i 1 H. G. CLARK, Editor. The Press and Banner Company Pubished Every Tuesday and Friday. Telephone No. 10. Entered as second-class mail matter at post office in Abbeville, S. C. Terms of Subscription: One year _ $2.00 Six months 1.00 Three months : .50 Payable invariably in advance. i ; i FRIDAY, DECEMBER 5, 1919. 'o-'i SILVER AND "SIXTEEN TO ONE." $' . , ' William Jennings Bryan has had to w&it twenty-three years for his famous slogan, "Sixteen to One*' to reach par. Now it has passed that mark. One silver dollar is now wnrfh in hnllinn about $1.08. Free coin !> age of silver At the 16 to 1 ratio would not appeal to silver producers at present. Said Mr. Bryan the other day: "Are the New York financiers living up to their claims of honesty that they made so vociferously in 1896, or are they paying their debts in a cheap gold dollar?" But he failed to say how flat would that "Gross' of Gold" speech fall in these latter <days. . What is the cause of this remarkable ; v condition of the silver market? The New .^ork Evening Post gives the following explanations: "One of the notable commercial pher nomena of the war has been the great increase in imports of merchandise by the halli^ropAnf nnt.inne from t.hft OrtftnL and the great decrease in their exports to the ' y East. ' "Both were a perfectly logical result oi' the fact that Europe was at ^yar and the Orient, except for Japan'I brief campaign ; a of 1914, at peace. Before the war, Eu-. rope was accustomed to settle through export of gold any balance against it in its trade with China, Japan, and India. Belligerent Europe's operations with its cur rencies have put an embargo on its export of gold to thp East since July, 1914. But Asia has from time immemorial accepted ^lver in payment of such balances, arid tiie fVi result in the present case was to create in l! L^n?kA?\A o r\ n V* /\W1V* fillir n 4 r]/v*v> f rv n uuiupc a. 11 auuuiiiittiij gictti uomaiiu iui silver. Purchases of Silver, for such purposes and for shipment to Asia from our cwn west coast, were naturally made ,in large amount by Europe on our markets; as a result of which our own total export of silver, which was only $51,000,000 in - 1914, had risen in 1918 to no less than $252,000,000. The rise in the price of silver, then, is not at all mysterious." S Says the New York Times: " The reason for the latest advance in' silver, wKich has carried the price at New York higher than at any previous time in ! nearly fifty years, and the London price to the highest figure on record, goes back to the spring 6f 1918, when the United States , decided to assist Great Britain in settling . hfer debts with the Far Ha?L "Before that time England had been meeting her engagements in the Orient a 1 _ T *J? _ IV t .it. 1 J 1 _!1 : ? ana in maia wun doui goia ana silver. When the available silver supplies had nearly disappeared and the gold was badly needed for other purposes Congress passed the Pittmtui act, which released something like $400,000,000 in American silver coin for the use of the Allies. "Most of that silver went to India for accoiyit of the British Government. Great Britain also bought heavily, in China, . the great silver-using nation, and wherever else she could, sending most of this metal also to India. In this country the export of silver was placed under control of the Fed* 1 TX -: T%_ J 1 it. _ .1 erai neserve ooara, ana ine meiai was allowed to go out only when that body issued licenses. The licenses, incidentally, were issued mainly for Indian export. China got very little new silver, while she allowed a considerable amount to go over her borders. 1 ' "Last May the ban on silver exports out of the United States was lifted and immediatefy China became aji influence in :ouri J market. Her purchases mounted 1 rapidly until now she is the chief bidder for the metal and, according to dealers, is outbidding all other consumers. That demand has been the prime influence in sending prices up." SHALL ERSKINE MOVE? , 'Good old Isaac Watts said: "Satan finds some mischief still ' "For idle hands to do." Now comes Judge William Pinjcney Greene who suggests in the Abbeville Press and Banner that, for the miferable consideration of two hundred and fifty thousand dollars, Erskine College be moved from Due West, its celebrated and venerated seat, to Abbeville court house. In Abbeville as busy a i ' J'&V *-'v" ; ' I. ... ' > * / : . \V. ".i * man as tire judge has much time for idle Contemplation, as even there one cannot always fish and hunt and practice law. This irreverent iconoclast says: "If we are to take our place along with the other towns of like importance with Abbeville, we need a college. Why not try Erskine with an, offer of two hundred and fifty thousand dollars? 'Abbeville could do nothing better today than to make the offer. Erskine College must grow. It needs more and larger buildings. It must rebuild within the next ten years." There are several reasons why this desecration will not be permitted. In the first place, Abbeville couldn't raise the two hundred and fifty thousand dollars. The only time there has been that much money in Abbeville was when Confederate money was in circulation there. vIn the second place, Abbeville is no place for an institution of learning for pious young men, such as frequent. Erskine. The sinful cigarette, the proRorihed waltz and two step, card-playing, novel reading, the dram and drama are to be found in Abbeville. There is frequent bold mention in the Press and Banner from time to time of a "poker - college," faithfully attended, it is said, by so-called church members of Abbeville. More shocking still, the railroads run there on the Sabbath, a heathen-. 1 ish practice never permitted in Due West. Moreover, Abbeville is but a dozen miles from Greenwood with its multitudinous metropolitan lures for innocent youth. ( - ' Shall Erskine leave its antique site? Never, no, never! Let it be said of the Erskine students of ' the future as of the past: ' ' ? "Far from the madding crowd's ignoble strife, "Thoir wrflhes never learned to stray: - - - , T , r "Along the cool, sequestered vale of life "They kept the noiseless tenor of their -way." ' ' : ' ' ..;; i*. J-? Like Yale and Harvard, let not Erskine leave its firm foundation. Let it abide forevermore in the peace and godliness of Due West. Move Erskine from Due West! As well attempt to transfer the . national capital to Spartanburg,,turn - the State House in Columbia into a hall for "shimmy" dancing, tear up the Federal Constitution or change the name of South Carolina! Let the A. R. P'g. hurl their, anathema mtarantha at the impious Greene or excommunicate him from "the holy city."?Hon Rion McKissick in The Piedmont. TRYING TO CAPTURE ERSKINE COLLEGE. 'V'V ' ... / A. Remove Erskine College from Due West to Abbeville Court House, forsake the traditions of the Corner for the paltry consideration of $260,000, would be like transplanting the Vatican to Worms or converting St. Michael's into a garage. Yet such is the treasonable suggestion made by the Hon. TlfillintM rivoanA in flin AKKoVlllo PfAflA TT lllium JL lllAUVJT Mi?VUb,lU v<?v 4MrvvtM?y - ! Banner. The idea is simply abhorrent. ' "H' we are to take our place alongiwith. the&tfcer ' towns of like importance with Abbeville/' says this , mischief-making and irreverent trifler with sacred things, "we need a college. Why not try Erskine. ? An offer of two hundred and fifty thousand dollars to the Synod to induce that body to move jthe College to Abbeville would make interesting reading. Abbeville could do nothing better today than to make^the offer." But Abbeville did not make the offer and we do not believe for a moment that the Synod will take the bait. If Abbeville needs a College, why doesn't it J>uild one of its very own instead of trespassing on the preserves,of other more enterprising towns? Why hasn't Abbeville had a ' college of its own all these years? Its people were distinguished for their wealth when the little old fftum <vf Duo Wpjrt was livinc from hand to mouth. and, so far as we can recall/ they never once thought of putting a tfngie dollar into a college at the Court House; They had a branch railroad then,. they still have the branch railroad and are situated' on a through line but they have not done very much |"1 with their transportation facilities, and have not : even suggested the idea of building a College. "Erskine College Must' Grow. It needs more and larger buildings. It must rebuild within the next ten years," says The Pxiess and Banner, and all that is true; but it can grow best where it was born. If it must be moved it would be better to take it to Greenwood which has done some very big things for itself without foraging on its neighbors, or to Spar, tanburg where every prospect pleases and where we have four through railroad lines.?J. C. Hemp- \ hill in The Spartanburg Journal. AN AUXILIARY TO THE RAILROAD. I w ??4 wutf)* 4-liia flOAflAVI Via ' flAATl i r or wttut ux yiupci iv?w wua >w?.vm .vr_ backward in development of the "Ship by Truck" movement, though indications are that such enter- . | prise will before long be accelerated. In those sec! tions where the roadways are excellent, or even fair, the motor truck enterprise for inter-commun- i ity transportation has been steadily and profitably | /upbuilt. Not alone have the communities been ; benefited, but the steam railroads have been supplied with an auxiliary that is worth encouraging. With the steam railroads striving to carry their greatest burden, with a serious shortage in rolling stock and motive power, the motor truck has had opened a field which ought to be developed along the line of employing the gasoline vehicle as auxiliary tn fhp rnmmon carrier. Here there is no genu ine competition, for the railroad equipment is released for the long hauls for which the motor truck is not devised, at least as a profitable venture. As the horse drawn wagon and dray were used for the about-town deliveries, so the motor truck is available for the delivery from one community to another with the advantage that it can do business . along its route.?News and Courier. - v V ; V%ir'V I 11 The Rosenb jlj i / Departmc ' * ! f: $ Four Stores Abbevil ,-!j! ' f j v ii:1 ' IS Hardwa | I' ' i ' rf Gil ' |: . > v ' :!: ? The selecting of suitabli ii; the family usually adiffic !|! ure here. In times like the *h f '* ' ' * i. * | erything so high, a gift tha ijL ly appreciated. The articles we ire sho\ < ' "vj I j . . ent, and reflect credit on y FOR THE ' "Maytag" Electric and I i; chines. Vacuum Cleaners, : I tors. Electric and Gasolii ! ' Owanc ft+nvoa cmH PainorAa W ? V14WJ Ik/w f VU WliVi I Dazey Chums, Clocks. Ca Community Silver, Electr v ' ... ;; Aluminum and Enamel W ' ! , "lyH FOR MEN Pocket Knives, Razors, ! | variety of grades, with Ra< I guns, Rifles, Hunting Coat | Ralls, Boxing Gloves. Auti I Pumps, etc.. Tools of all k I FOR < |: Velocipedes, Irish Mailt II gons, Air Rifles, and Pop 1 Besides the articles men k our other three stores, hunt | ally suitable for Gifts. < j i * * ' ' v/'' ' < > : * ' ' ' ' 11 X 1 ' i' / 1 H 1 ' ! I Rosenberg i I v ; |; erg Mar. C?. If Many Departments I /p|| sgifts for every member of | tut proDiem, is a real pleas- ,1 P present, with the cost of ev- i ' ,t is serviceable is more highving will delight the recipi- I -3 our judgment , ' ''111 HOUSEKEEPER. ||^H| land P6wer Washing? Ma- 1 >'*^0 Sewing Machines and Mo- ; j; sH rymg oeuv iiicriuua j^ oliers. Cut Glass, China,I'' "f| are. Pyret Cooking Utensils. : AND BOYS. ! , ; .|f'| Flashlights. Watches in a I:yM i ni. . ?1 'H aionte ana piam aiais. c>nox- a s, Leggings. Bicycles, Foot I it|l| omobile Tirfes, Tubes, Horns, 1 . , ft m' :- '$ & 1 fH :hildren. ?, Autoijiobilea, Goat Wa- 8 ' -FV fa Guns. Aluminum Tea Sets. | f || tioned, we have here and in I I Iredi of other items e?ped- | ; i j HE - jh . ah rv a ; luci* vu. | :m I] wm