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1 % t . i > ' :: ' I , ' V v , :* /' ^ ' V \ , ' \ * Abbeville Press and Banner * s I ? _ _ r ~ ? -?? , R^nfelished 1844. $2.00 the Year. Tri-Weekly. Abbeville, S. C. Mnoday, October 18, 1920. Single Copies, Five Cents. 77th Yew. ????? i * ~ ABBEVILLE L GAME TO I UNUSUALLY STRONG TEAM FROM MOUNTAIN CITY SCORE FIRST VICTORY OVER LOCAL HIGH SCHOOL TEAM THIS SEASON?ABBEVILLE GREATLY OUTWEIGtfED AND OUTCLASSED BY MOUNTAINEERS. Greenville's fast high school eleven Friday defeated the Abbeville high school team to the tune of ^7 to 0. The local team was greatly outweighed and somewhat outclassed in that they were playing against the strongest ,team in upper South Carolina and from a citv high school which has enrolled twice as many boys as the 'Abbeville high school enrollment of both boys and girls. It would be useless to attempt to make excuses for the local team's de< feat by the sturdy Mountaineers for the latter &ere simply older, heavier and more experienced football players than the locals. This defeat should have no discouraging features for the plucky Abbeville team. On the other hand the Abbeville boys learned noints of advantage by playing a gainst coach Holmes' aggregation. In only the third quarter did the visitors fail to score and the piling up was done in the first and fourth quarters. Greenville's coach stated . that the Abbeville team put-up the best defensive playing and tackling 'i that his team has been up against and the coach was very generous in his praise of the excellent work of Tate and Hutie Bradley. Immediately after the game the visiting coach caught hold of Hutie and gave him a vigorous handshake at "the same time laying, "I know this does not mean anything to you, boy, but I will feel tatter for having shook hands with such a splendid tackier of such light weight." I Billy Long at quarter also played an excellent game and never failed to cheer his team when the odds were so against them and he kept a continuous fight going to score against the visitors. Both Mr. Holmes, the - - - ? - I coach and Prof. Warren, tne principal, complimented the plaing of ttte \ Abbeville team as a whole and ' pre" dieted several future college stars - among the eleven. The visitors were also appreciative of the hospitable treatment accorded their team both on the field and after the game. The girls of the high schoql tendered the Greenville visitors a delightful reception at the home of Misses Mary and Jeansie White Friday evening which was largely attended by the high sehool students. As one present said, "The Abbeville boys just stood around looking pretty, while Greenville boys took charge of the young ladies." Abbeville will play a return game with Greenville in Greenville next fall and will be able to put up a much better fight as the local team will probably lose pnly one player next season, Tate being the only player in the eleventh grade this year. The boys are already talking of getting Greenville's blood next fall and are accepting their defeat of Friday gracefully. Line-Up in Greenville Game. Greenville?47. Abbeville?0 Robertson, J C Galloway, B Martin, RG Bradley, R. Bull, ' LG i _ Klugh Birne RT Tat Hodges LT Leslie Bruce RE Bradley, H. Curtis LE Barnwell Crymes QB Long, B. Howell RH Gambrell Rawson LH Harris Calhoun FB Barksdale There were various substitutions on both teams and especially were the players at end for the local team being almost constantly changed. McMillan (Clemson) referee; Phillips (Erskine) umpire; Reames (Clemson) headlinesman. Time of quarters 1 O wir?nfoc Clinton Here Friday. Prof. Witherspoon's high school team from Clinton is the next to in. ' OSES THI} GREENVILLE D ' J. W. McKEE SUFFERS LOSS The friends in Abbeville of J. W. McKee, Jr., will be sorry to learn that the show rooms of McKee Motors Company, of Atlanta, were in! vaded byvfire Saturday night and ' about fifty-two cars were entirely consumed by this element. Most of the cars owned by the company were stored in the rear part of the building and all of these were destroyed'. About eight cars in the | show room in front were saved by quick work of firemen. The fire occurred at 12 o'clock Saturlay night. *When first seen {he entire inside of the building was a j mass of flames. The fireman re' sponded promptly, six fire comipanies turning out to fight the fire, and due to their work the Duiamg ana adjoining jounanigs 'were saved from complete destruction. The McKee Motors Company occupied a large new 'building on Peachtre? Strtet in Atlanta. A rep| resentative of the Press and Banner J j visited the scene of the fire Sunday i afternoon and viewed the wreck. 1 1 John W. McKee,' Jr., was not in At- 1 lanta at the itme of the fire, being in Chicago at the time and very ill. i Jessie McKee was in Atlanta, but i was out at the time our representa- i tive visited the scene. The loss is 1 ? ? * * * 1 # A ft r AAA# stated to nave Deen irom $zo,uuu w $50,000. Whether or not it was < 1 covered by insurance has not been : learned. I v i I Atlanta, Oct. 17.?Fire of unde- j termined origin in the McKee Motor 1 corporation building bene early to- 1 day caused damage estimated at i $150,000 to $200,000. The con- 1 , cern suffered loss to many new ma- i chines as well as to a large stock of 1 parts and some 30 to 50 used cars, i i I 1 \ SEABOARD WRECKS. , l / . " i | The Seaboard Air Line Railway had | two bad freight train wrecks last | I week. One was just this side of At- < ! lanta, and happened Thursday. The , I other wreck was between Elberton j land Berkeley, Ga. Fifteen cars were | i cyer-turned in the one and fourteen j I in the other. Passenger trains were ( I greatly delayed by the wrecks, which j tore up the tracks for a considerable | distance in each case. The morning 'through train passing here at 3:37 ! was detoured Saturday from ElberI ton over the Southern by way of Toc| coa, reaching Atlanta at 3 o'clock in ! the afternoon Saturday instead of at 8:15< in the morning. VISITING IN COLUMBIA Mrs. John A. Harris, Mrs. Henry Hagerman, Miss Mary Hill Harris and John Harris motored to Columbia Sunday morning for a short visit to ^friends. I ! RETURN TO ABBEVILLE , , I Mr. and Mrs. D. T. Smith, Jr, and two sons, Townsend, and Hemphill, arrived in town from Pelzer Saturday. Mr. Smith leaves tomorrow for St. Louis, for three months training I in, salesmanship under the * eaenu ' Rehabilitation Act for disabled sol' diers, after which training he will be 1 associated with the McElroy, Sloan ' Shoe, Co in South Carolina territory During Mr. Smith's absence, Mrs, ! Smith and children will make their home with Mrs. Smith's parents, Mr.I and Mrs. M. T. Coleman on iGreen' ctroof Mr nnH Mrq Smith pv. pect to locate in Abbeville' permaJ nently. J vade this dangerous football territory i coming Friday for a game with the local team. Allen Long, Ji*"., fullback i who was injured early in the Greenville game will, in all probability be ready to hit the line in the Clinton game. Clinton defea^6d Abbeville last fall but that doesn't spell anything?so did Elberton. ' \ WILLIAMS ATTACKS THE N.Y. BANK, SAYS UNJUSTIFIABLE INTEREST RATE CHARGED ON DEMAND LOANS?COMPTROLLER GENERAL OF CURRENCY BLAMES GROUP FOR CALL MONEY RATES, NOW HIGHEST INTHE WORLD. Washington,, Oct. 17?"Unjustifiable interest exacted on demand loans" by New York City banks has been an active contributing cause of the "huge shrinkage' in all security values during the piast year, Comptroller of the Currency Williams de^ ciarea tcnignt in a iormai statement. He charged that call money rates in New York were the highest in the world arid that "renewal" fates fixed daily by a small "coterie' of stock exchange brokers governed "the " interest charged on brokers' loans in nearly all New York banks." "The raising or lowering of the renewal rates on the exchange,' said Mr. Williams, "is frequently accompanied by upward qr downward movements in stocks and securities and those responsible for the fixing o? the rate therefore have the ODDortunil ty, whether exercisel or not of profit-! ing largely by operations on the stock market which is so often and directly affected by the call money situation, t do not, of course, undertake to say that this formal money committee^ joes take improper advantage of their j foreknowledge, but there are critics' who ^severely censur^ the existing ar-j rangements. Certainly all prudent and thinking business menLwill agree that there is danger in the concentration of such opportunity and power j in the hands of a few persons. Temp-' tations to use this power for individ-[ ual profit must arise, and human na-j ture is not changed by high position in the financial world. "Power to fix money rates for all, or nearly all, of the banks in New Yorl^ City and to change them daily; is a grip on its heart of our com-! merce. It permits such interferemies! no lolKKIa Oilman 1T1 rlrrm onf TTrVtlTT* miiiuiv AAWAAAW&A jUU^uivtlV) nmui or interest may direct with the natural and orderly movements of money, the life blood of business. The matter or arbitrary fixing money rates at the money center, possibly reversing the natural and healthy flow and effecting, directly or indirectly, billions of dollars of security values and other property is left to a small and varying number' of private citizens without official responsibility, deciding in a moment and in secret. "The evils and dangers of suoh methods could be recited indefinitely! They reach to the remotest corners of j the union and its posessions and touch j harmfully every class of people. Thej direct tendency is to reverse one of j the fundamental purposes of the fed- ; eral reserve act which is to promote j orderly distribution of money through: the countrv to meet the needs of com merce and agriculture. Express interest rates, offered in New York, artificially draw money away from outside, communities through their banks, and often leave legitimate enterprises starved qr pinched, while feeding speculative movement which may be adding nothing to real industrial or commercial wealth. Concerningvthe "coterie" of brokers which fix the call interest rate, Mr. Williams said, that inquiry disclosed it usually consisted of "four to eight or more" and that the stock exchange usually was represented by "the president or 'one or more' t>f its governors." He said the fluctuations; of the "posted' interested rate on brokers' loans had ranged from 8 to - ~ - ? J- 1 i XT U* 1 A JL7 per cent, oetween lNovemoer j.v, 1919, and July 17, last. On July 31 he recalled he had Hssued a statement assailing the high rates and declared that since that date the "posted" rate had not exceeded 10 per cent. Rush for Profits. "It is no part of the function of government officials to moralize on speculative operations," Mr. Williams said. "My attention is demanded when CREDITS AT BANKS ALMS AVAILA8L DECLARATION MADE THA RECENT | DISTURBANCE I PRICE AND DEMAND ARE 11 EVITABLE AND UNAVOI^ ABLE CONSEQUENCES O ECONOMIC DERANGEMENT OF WAR f . Washington, Oct. 16.?Ban credit "has been steadily availab] foe the successive seasonal requir< ments of agriculture," according t a formal statement issued tonigl by a federal reserve board designe as a?reply to agricultural organizi tions which appealed to the goverr ment this week for a further exter sion of agricultural credit. Recent disturbances in price an ucmauu whiwii uavc uccn xuaiuici in agricultural markets are "inev table and unavoidable consequence of the economic derangements o< casioned by the word war" th board's statement said. It addec however, that the ^ gradual and regi lar movement, of the crops froi producers to consumers was to b expected. "In view of the representation which have recently been made t the board as to unavailability o credit in agricultural sections," th statement said, "the board requesl ed information ' concerning credi conditions throughout the countr from the chairmen and governors o the federal reserve .^anks at thei usual autumn conference here thi ^ ? weea.. Step* of Last Spring "The board is advised that credi has been steadily available for $h successive seasonal requirements o Agriculture a well as for the need of commerce and indutry and ths there is no ground for expectin that its availability for these pui poses will not continue. The presen improved credit situation is due i part to the timely steps taken la: spring, following conference b< tween the board and governors an directors of federal reserve banks t provide credit for crop * moving r< quirements and in jrart to the pubs( quent' improvement in transport! tion reported from all districts e? cept in a few localities. "Between. Januay 2 and Octobc 1, of the present year about 80 leading member banks ffom all se< tions of the country which repoi Jii.*? x. ajl- ^ i J wren* conuiwun iv wn? wuru weow; and which represent approximatel 70 per cent, of the member bank r< sources have increased their loar for agricultural, industrial and con (Continued On Page 8) such operations produce conditioi retarding the developing of the coui try and endangering the stability < its business. Corporations, individu^ and investors generally are draw away from legitimate investments i rew enterprises by the prospect < 10 per cent, to 20 per cent, interest, "The effect of these rates is see when the general managers of execi tives of railroads or other large co porations visit New York, to rais money necessary for the redemptio of retiring loans or for the extensio and promotion of new business. T1 bankers and bond houses solemn] point to the high rates paid for "ca mpney' and corporations whose cre< it abundantly justified a 5 per cen or 6 per cent interest basis, have bee forced to pay 7 per cent, or 8 p< cent, or 10 per cent, on loans for or year, three years or five to ten year and are sometimes persuaded by t? ?* v ?i xi oanKers inruug7i wnum mc.y uutai the funds that they are doing well 1 get money even on such terms, 1 b cause money on call has been raise often artificially, to 12 to 20 per cen The same cause that cripples ar hampers a great railroad system or municipal government also deprivi and injures or ruins a conutry stoi keeper, a small farmer or the owni of a large or little manufacturing ei terprise. k I .... WINTHROP E r COME Hf THE COTTON MARKET 1* After receding about 140. points N Saturday and Friday's close, the cotj. ton market today was off again. De). cember futures in New York closed p at 17.90 against 18.60 Saturday. S Spots in New York were down fifty points, the price quoted being 20:50 against 21.00 for Saturday. In k New Orleans the loss was 150 [e points. } ' . ; >- The best cotton on the local 4 roar;o ket today brought 20 cents. Later in it the day cotton was weak ani| sold d down below this figure. y The loss in price is due to several l- things. The statement of the Federl al Reserve Board given out late Saturday was considered unfavorable j i.> : ? - ~ tu? U IA3 agucuituiai liiteieai/O. xiic ULivrit ish coal strike became a reality, and i- with it threats of a general tie-up ? of the transportation system in Eng: land and Scotland.' ^ e All of this leaves the South as its own prop to sustain prices. Unless l" the bans (ot the South and the ,farmn|ing and business interests can save e the cotton market, lower prices seem inevitable. s The holding movement is helping o to sustain prices somewhat. If this f shall become more general, or if a e killing frost should occur shortly, > the chances aTe that the South it would be in better shape to sustain y itself. * r J. T. fEARSON IN TOWN s Mr. James T. Pearson of Anderson was visiting friends in town it yesterday. He has recently returned from California, whenp he went to ,f i investigate a cotton picker Is | patented by a Californian. He is it very enthusiastic over it believing it g will solve the labor problem for ga - thering the cotton crop of the fait ture in the South, and hopes to be n ready to demonstrate the working of 5t the machine through South Carov_ lina, this fall and have the machine d put on the market before nejpt years o crop is ready. He will return to Caliv. fornia in May, where he expects to j- make his home for the future. Mrs. i- Pearson and daughter have remainc ed in Paradise, Cal. . Miircc dt Arc DAinrn o r, ?? . ._ Chief of Police Johnson made a t raid on Mike's Place Saturday and captured three cases of T6nik Vina, y a conconction "guaranteed" to con5. tain as much as 16 to 18 per cent, ls alcohol. It is understood that other important evidence has been unearthed against Mike. His trial, has - not yet taken place owing to the abis sence of his attorney, Mr. J. M. Nicki les. i )f Mike had the misfortune to face .he mayor Monday morning on a n charge of "plain drunk," and receiv;n ed an assessment of $5.00. The li>f cense to his place of business on Trinity street was revoked, and the in place closed on the orders of the i- mayor. r Je -WILL REMOVE BODY OF >n REV. BEN WOFFORD in ie Spartanburg, S. C., Oct. 17.?Anly nofcncement was made todjiy that 11 the body of Rev. Benjamin Wofford ' ' * * Trr r J /I.u > tne iounaer 01 wonora ^one^t:, t. will be re-interred on the ' college inj campus, here next Tuesday, which !r|will be founder's day. Mr. Wofie, ford's body, at his death more than s;I 50 years ago, was interred in the iej family burying ground of a relative inj on a farm in this county^ :o e-j FIRE AT JUNALUSKA id! t. j Asheville, N. C., Oct. 17.?The id | large Auditorium hotel at Lake Juna aluska, the Southern Methodist ases sembly ground near here, was totally re destroyed by fire of undetermined ?r origin this afternoon. The loss i% esn timated at $75,000, which, it is stated, is partially covered by insurance, J / *1 XPERT TO iRE TUESDAY MISS ALLEN, SUPERVISOR OF PRIMARY METHODS AT WIN1 THROP, WILL ADDRESS LOCAL v, PARENT-TEACHER ASSOCIATION TUESDAY AFTERNOONLARGE ATTENDANCE DESIRED MEETING Afr GRADED ^CHOOL Those who N attend the regular monthly meeting of the Parent-Teacher association in the graded school building at 4 o'clock Tuesday afternoon have a treat in store for t^em. f ' Miss Ava Allen, supervisor of\ primary work at the Winthrop Training school, has been secured by Supt. Pulp to visit the city schools Tuesday morning and to address the association'that afternoon. Miss Allen comes with excellent recommendation frqm Dr. Johnson and other authorities of Winthrop College as a forceful speak- , . er, a sympathetic supervisor of pri-. mary work, and a specialist in her department who uses only helpful criticism to accomplish the best re suits from those under her training. The whole of Tuesday's meeting will be given over to the primary de partment of the schools and the pri- \ mary grades will furnish a short entertaining feature for this meeting. Mrs. R. C. Philson who was unani- ' I mously elected president of the asso I ciation two weeks ago has signified I her intention of accepting the office l^nd will preside for the first time' at Tuesday's meeting. The names . of those appointed on the standing com mittees will be announced Tuesday afternoon as well as the names of the grade sponsors. An .election will , " be held in < every grade in school today for grade sponsors. >JFhese sponsors, who as a rule have a child in the \ grade from which they are elected^ act as representatives of their grades at the meetings of the association. . -v % They also are expected to increase the membership of the association and to increase the attendance at the meetings of .the association by encouraging other mothers having children in the grade they represent to attend the meetings' and to also join in with the helpful work being accomplished by the Parent-Teacher association. itev. Mr. Derbyshire, rector of Trinity church and teacher of French in the high school, will open the meeting with devotional exercises.N All of the friends* of the schools whether members of the association , I or not, are cordially invited to "at- % . tend the meetings., "| The selectiori of sponsors for eactf grade in the city schools was held .this morning in the , various rooms ' |and resulted as follows: '| 11th grade?Mrs. T. G. White 1, 10th grade?Mrt. J. A. Long. ! 9th grade?Mrs. W. F. Nickles. I 8th grade?Mrs. J. L. McMillan. 7th grade, A?Mrs. W. P Greene. I 7th grade B?Mr3. W. D. Barks1 dale. 6th grade A?Mrs. G. W. Corley. 6th grade B?Mrs. J. A. Smith, Jr. 5th grade A?Mrs. J. E. Pressly. 5th grade B?Mrs. J. F. Barnwell. 4th grade A?Mrs. A. B.Morse. 4th grade B?Mrs. E. R. Thom; son. 3rd grade A?Mrs. C. C. Gambx^ell. 3rd grade B?Mrs. J. D. Fulp. 2nd grade A?Mrs. H. A. Benton. 2nd grade B?Mrs. M. B. Reese. 1st grade A?Mrs. Allen Smith. 1st grade B?Mrs. Henry Blount. j These sponsors are all expected to j be present at the meeting Tuesday j afternoon and to bring as many other j mothers of their "grade" as they can. GREENVILLE BANKS WILL LOAN MONEY ON COTTON J Hroonuillp fVt. 17.?Bankers of ' Greenville yesterday announced they J are ready to lend any reasonable a'! mount of money on cotton owned by l! farmers of this county, this action be j ing independent of the federal re serve board's curtailment orders. The . cotton must be in warehouses. . , j n ,<