The Abbeville press and banner. (Abbeville, S.C.) 1869-1924, October 27, 1920, Page PAGE SEVEN, Image 7
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BANKERS CENSURE
SKELTON WILLIAMS
For His Recent Attack Upon Certain
New York Bankers.?Approve
Federal Bank.
Washington, Oct. 23.?Discussion
by the American Bankers association
of the criticisms levelled recently at
certain New York banks by Comptroller
of Currency Skelton Williams
culminated today in the adoption of a
.report of the association's resolutions
committee condemning "dangerous
attacks" by unnamed individuals on
the credit structure of the country.
Presentation of the report brought
on a heated discussion. - Several
numbers maintained that the convention
itself was not interested in the
controversy which has grown out of
Comptroller Williams charge that'
^certain bankers had received inordilsate
rates of interest on call loans.
The resolutions committee report
expressed complete approval of the
federal reserve system, condemned
any effort to use the government
fuiyis or forces to arbitrary hold up
or force down prices or otherwise
to 'interfere with normal economic
influences," recommended the elimination
of the excess profits tax as
unequitable and the surplus tax,
"because it acts as a brake on production,"
and pledged the efforts of
the members toward the opening of
foreign markets through extension
of long-term credits or other means.
The effort condemned "speculative
hoarding" in agriculture of other industries,
renewed the recommendation
for a national budget system and
' expressed the association's complete
" disapproval of nationalization of industry
particularly as contemplated j
by the Plumb plan.
The association, through adoption!
of resolutions, went on record as j
opposing "further participation of the I
government in business enterprises"
and referred to alleged extravagant
losses resulting from the government
operation of the railroads.
While favoring immigration as a
means of preventing labor shortage
a&cl enabling, the development of resources,
the committee recommended
caution in the admittance ^ of
^ aliens in order that the country's
welfare and its ideals might be safeguarded.
A five, year program for
' " construction of 'national highways
endorsed. The report in conclusion
expressed the opinion that!
the, "United States fated an era or |
which conld only be^lost "by internal
strife or failure of national leader*
lOup."
CECIL B. D'MILLE'S NEW
PRODUCTION IS STRIKING
"IVky Change Your Wife" Story of!
Married Life Filmed on La risk
1' Scale.
S . V.n j
Cecil B. DeMille's latest Paramount-Artcraft
production, "Why
Change Your Wife?" will come to
the Opera House for two days commencing
next Friday. It is described
as a striking drama of raarlife
lavishlv nres^nted. Gloria
Swanson and Thomas Meighan are
the featured players. The story is
by William DeMille.
The plot center; around Robert
- ' and Beth Gordon, married for ten
. jvtrs, but no* beginning to drtft^'
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1 AbbevilleCi
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Candy p
' Fruits |J
v Ice Cream =
Cigarettes
Tobaccos
Cigars. G
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WlUL ASK GINS TO STOP J
FOR PERIOD OF MONTH
?t
New Orleans, Oct. 26.?Gov. Jno.
M. Parker has. isued a proclamation I
calling; upon all cotton gin owners i
- - - i 1
to close their gins for a period 01 *
thirty days beginning November 1, ?
in an effort to give new life to the *
cotton market. Promoters otf /tfte I
daily receiveing promises of co-oper- c
ation from all sections of the South
and already several hundred gin c
owners have declared themselves in s
readiness to close their gins as long c
as may be necessary. t
In addition to issuing his procla- t
imai ion asking the gin owners ito T
close, Governor Parker at the same 0
time addressed communications to
the governors of al the cotton pro-^t
ducing states asking them to issue.*
similar proclamations. j t
The appeal of W. P. Thompson, jc
president of the Louisiana division ^10
of the American Cotton Association I
to the cotton men of the South, to-]r
gether with the action of Governor,*
Parker, is expeced to bring ginning 'I
not later than November 1st.
Louisiana, Mississippi and. Texas ^c
are. already fairly, well organized for | ^
the closing campaign and telgrams *
from leading cotton men from other | *
states indicate that they will not be *
far behind the closing down. / 8
In addition to the movement look- e
ing to the closing of the gins, pre- *
parations are already under way in *
man sections to secure a large re- c
duction in the cotton acreage next
year. The Texas association has c
notified the Louisiana division that 1
under a sworn pledge the* crop in *
that state will be reduced one third. I
From Alabama came the declaration 1
that the farms to be turned to other *
uses or allowed to lie idle (next year *
is one 100,000 acre plantation. v *
Toledo, Oct. 26?Five bandits early
today forced the cashier of the s
bank of Alvordton, Ohio, in Williams 8
county, to get out of bed, unlock the c
safe and turn over to them $3,500 in
cash and $500 in Liberty bonds. The ^
bandits forced their way into the ^
cashier's home and gave first aid to ^
his wife who fainted.
I
The robbers sped away in an automobile
without harming the cashier. >5
< >?rt. Beth w.ik a charming girl,
She has become a too wifey wife and j ?
bores her husband with her cxces- *
sive solicitude for his comfort. Jle ?
find diversion in the company of vi- 8
vacious, pleasure-loving Sally Clark. s
Literal-minded Beth imagines them ^
in love. A divorse follows and Robert
maaries Sally. Too late-- Beth
discovers why she lost herxhusband,
and blossoming like a rose, develops a
into ociety*s gayest* figure. Sally,
on the other hand is transfomed by
marriage into a worse household ^
drudge than Beth ever was. Robert's
eyes are opened when he again ^
sees Beth, and through a dramatic
series of events they are brought ^
happily together. * i.
The picture has been produced ^
with all the beauty of setting, mastery
o% screen technique, and admirable
attention to detail that _
fi
was characteristic of Cecil B. De
e
Mille in "Male and Female" and his
6
other cinema classics. Sada Oowan
- - ~ - *vJS
and Ogla rniwziau iunuou vue | m
scenario.
uidy Kitchen r
High'Class 11
ONFECTIONS | :
p. | li
6a o
Home-Made
andies and Cream
, '
holesale Retail
?
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Abbeville, S. C.
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IUDGE GARY SEES
BRIGHT PROSPECTS
New York, Oct. 23.?Business
>rospects are unusually bright both
n the United States and abroad El>ert
H. Gary, head of the United
States Steel corporation declared in
tn address before. the American
ron and Steel institution here tolay.
v
Although this is a time for cou?ige
omposure and caution" Mr. Gary
aid. the business skies are practi-1
ally without clouds. As always,
here may be showers from time to
ime, but there is nothing in the atmosphere
to indicate the approach
if a "dangerous, storm.
"If there should be a serious -reacion
and depression," he continued,
'which now seems improbable, it
rill be the fault of those who are
onnected with business corporation
>r others who by reason of official
positions, improperly interfere and
tot because of any fundamental deiciencies
in our resources and op>ortunties.
"Without referring to individual
:ases of lines of general business, I
lelieve in many instances, prices
lave ibeen outrageously high. This,
observation applies mor? especially
o middlemen, so-called, and to
mailer departments of industry. It
Jso includes employes in certain
rades; but it does not pertain under
he present conditions to the masses
f workmen.
"The present tendency is toward
i lower, more reasonable and fairer
-elative (basis. The difficulty is found
n the fact that every individual is
>erfectly willing that all others shall
nake reductions?the lai^r, the
setter. Now a general public ,iniluding
particularly those are neiher
buyers nor sellers to any laige
ixterit, will in one /way or another
wring about a fair and reasonable
idjustment of pricey The law of
upply and demand Vill be the prinipal
factor.
"The people of the United States
Lave reason for confidence in the
tusinss future. They need not be '
liscouraged nor impatient."
Speedy recovery of industry in g
Trance and Belgium from the .
lavages of war, was predicted by ;
?r. Gary. I
Rehabilitation was made possible, I
fir. Gary said, by the spirit of therjf
French and Belgian people?"ttip,|
ood natured, grim, persistent and (
plendjd effort to succeed, to re- f
tore and to recover. = V
?ORE SOLDIERS MEET ;1
DEATH IN IRELAND J
?_ . .v.; 1
Cork, Ireland, Oct. 23.?rAn officer I
nd a private were killed and five 1
ther soldiers wounded this morning f
trhen two military lobbies were am- {
mshed 14 miles from Cork. The f
ttaekers Yiumhered 100 and it is not f
nown whether they suffered any.
asualties from the fire returned by.
he military. Forces Of military poice
were sent to the scene of the amush.
x v ' . ,
A young woman of Paris, Texas,
. few days before her death, selectd
the material for her shroud and
-ave explicit directions as to how it
hould be made.
m m a nr*i?r?in n ? I r> f
M A2> 1 LK'd dALL I
"he STAtE OF SOUTH CAROLINA'!
COUNTY OF ABBEVILLE. jj
Court of Common Pleas. \ 11
J. L Pressly, D. E. Pressly and others (
against Plaintiffs i||
,eila E. Ramey, F. J. Sutherland |
and others Defendants |
By authority of a Decree of Sale by |
he Court of Common Pleas for Ad-. J
eville County, in said State, made ?
i the above stated case, I will offer j
or sale, at Public Outcry, at Abbe
ille, C. IL, S. C. on Salesday in Nov-|j
mber, A. D., 1920 within the legal S
ours of sale the following described
and, to wit : All that tract or parcel jj
f land situate, lying and being in I
Lbbeville County, Cedar Springs E
township, in the State aforesaid,'[
ontaining One Hundred and Forty-||
'wo (142) Acres, more or less, and j
>ounded by lands of J F. Miller, M.j|
3. Hollingsworth, Long Cane Creek j
;nd known as the McCartney place. |?
This tract of land is sold at the g
isk of the former purchaser, who
ailed t6" comply with the terms of
ale. 2
TERMS OF SALE?CASH. Pur- J
ihaser to pay for papers and stamps.
THOS. P. THOMSON, J
Jt. Master A. C., S. C I
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! W. H. WHITE, Pres.
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Building
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OTTO BRISTOW, !
at Planters Bank
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