The Abbeville press and banner. (Abbeville, S.C.) 1869-1924, October 18, 1920, Image 1
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Abbeville Press and Banner
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R^nfelished 1844. $2.00 the Year. Tri-Weekly. Abbeville, S. C. Mnoday, October 18, 1920. Single Copies, Five Cents. 77th Yew.
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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 ,<