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Abbeville Established 1844. $2.00 the Year. Tri-Weekly. Abbeville, S. C. Friday, Dec. 31, 1920 Single Copies, Five Cents. 77th Year. RAILROAD BIJ BY PRE3IE o PRESIDENT WILSON DECIDES j AGAINST EXTENSION?MAY I NOT BUY EQUIPMENT FROM COMPANIES IN WHICH OFFIC ERS ARE INTERESTED?LAW SHOULD PREVAIL N Washington, Pec. 30?.R&tlroads of the country after tomorrow will be prohibited from buying . equipment from companies; in which tbey or , their, officers;'are interested as the -result of the-veto today by President . Wilson of a bill to delay further the operation of such-a prohibitory pro . - vision in the Clayton anti-trust act. The last of. three separate two-year nf thp nrohibitorv sec SUdpCIiOiVU0 w* ?? x _ tion. expires tomorrow at midnight. The president in announcing his ' veto through a message to the sen ate, declared the railroads had been given several extensions of time to prepare for observance of the law and that ho adequate reasons had been presented for further postponements of its operation. Railroad representatives on learn ing of the veto which overrode a 6 to 4 recommendation of the interstate i commerce committee that the bill be approved, declared failure to suspend further the operation of the Clayton j act provision would mean a drastic I and immediate revision of the car-1 riers system of buying equipment. 1 , The contention also was made by the i j railroad's representatives that the I: required change would add hundreds j 1 of thousands of dollars to the cost of > ; ai!road operation. i The president's veto message on 1 receipt by the senate was read and left on the vica president's desk for 1 further action. Senate leaders said 1 they could not determine immediate- 1 ly what would be done or when' fur-. ther action would come. Senator La ' FollStte, Republican, Wisconsin, an 1 opponent of the bill, secured unani- > mous consent for postponement pro- 1 bably until next week. ] President Wilson in his veto mes sage said that the prohibition of the J1 prohibiting railroads from being i! both buyers and sellers of their rail-!' road supplies was sound and that ^ with the interstate commerce com- 1 mission prepared to enforce the law, 1 by preparation- of regulations, he could not corrsent to further delay. ^ The vetoed bill was opposed by j railroad labor and President Johnson! of the International Machinists urg- J -J ~ ?t-n roiocf it., declaf- ! CU WiC pXCOlUVilb WW *vyv? ing "it will simply legislate a great steal from the'American people." The bill was passed on the same day and under the same circum-j stances as the Poindexter anti-strike bill with few senators present and! virtually without debate. THE COTTON MARKET. The cotton market has been ir regular for several days. Day before yesterday cotton advanced about fifty points. Yesterday the market lost the entire gain of the day before., The market closed today at 12 {^ o'clock with an average gain of about 2? points. January futures closed'at }4 agfut&t. 14:10 yesterday. Spots JewYvk were quoted at 14:75. r;TKe local .markej^was TTTJ-'-f graded brCttghl from" 15 to 15 T-2 ] cents per pound. BIG HOTEL MAN. Thomson Hollingsworth and Mrs. Hollingsworth are in the city for a few days visit to Judge and Mrs. M. E. Hollingsworth. Thomas is the pro prietor of a big hotel at Greenville, N. C., and has just taken over a sec ond hotel in that place. He is suc ; ceeding in the hotel business, and his friends are glad to hear of his FROM PELL CITY. Mrs. E. A. Thomson is here from Pell City, Ala., spending some time with Mrs. J. F. Barnwell. a ? VETOED >ENT WILSON KEEPING UP A GOOD CUSTOM Misses Onie and Caro Morse and Mrs. E. R. Thomson visited the County Home Thursday and carried the inmates many good things to make their Christmas and New Year happy. The visit of the young la dies gives the inmates much pleas ure and they enjoy fpr many days the fruits, candies, tobacco and oth er good things carried to them. This custom was originated many years ago by Miss Mamie Lou Smith and the Misses Morse keep it up in gracious remembrance of their aunt and for the love of doing good. nntnn nnnin.n nilT KUflUo 5nUUL.ll UUI Opinion Given That Income of Rail roads Would be Increased by Lowering Passenger and Freight Rates. Atlanta, Ga., Dec. 30?"U. S. Sena or Wm. J.^ Harris of Georgia who is krkHHovc wifVi Vinmp ! 9|/CUUill5 WiiV UV11UWJM ft ?Vi? k?VM?v I folks, has written the following let ter to Chairman Clark of the Inter-1 state Commerce Commission, t re-! questing fcis attention to the very j high freight and passenger rates: "It has been brought to my atten-1 tion by many people in Georgia and I; those whom I have seen here, that], the present high passenger and j freight rates are doing more to de- , irease the amount of income receiv-) ed by the railroads, than if a lower! rate was in effect which would^ cause | more freight to move and more peo- j pie to travel. In other words, the 11 railroads are not carrying an aver-! age maximum of freight and pas sengers since the increase in rates. Df course, the commission doubtless has figures on this question which throws more light than I can by gen eral observations. "It is needless for me to point out to you and the commission that the railroad situation is a problem which j has not been solved to any degree by j1 tu- t -toon TVio i nic x lauspvsx lanvn avi ui jl ?/v/ ?. xuv thing which I am greatly interested 1 in-is the matter of freight and pa^- ' senger rates to be placed within reach of the average person, and at the same time give the railroads a reasonable income for their invest- 1 ment. Both the publfc and the roads 5 deserve an honest living, but I fear that both are suffering. Because of high freight rates there are products in my state which are now being ship- ' ped in such small quantities in com parison with production aiyl demand. "I hope that an adjustment can soon be made which will firing down the rates, and I would thank you to let me have any information on the msttpr at vnnr ronvAni??n<,p>J which may have been gathered or publish ed by the commission." JURORS, u " S" m - m:cwm ?3ur?r8 for tHe February term_ of1 court at Greenwood have been drawn and the following are in the list: John A. Ballentine, Honea Path; W. 0. Bowie, Starr; R. L. Barmore, Don alds; F. A. Carwile, Antreville; W. J. Clatworthy, Honea Path DR. MARTIN TO PREACH. Rev. James L. Martiiu D. D. will ' preach in Cokesbury Presbyterian 1 church at 11 a. m. next Sunday. MR. AND MRS. KING MOVE Mr. and Mrs. Cliff King who have been occupying rooms at the home of Mr. S. J. Link on Vienna street for several years, moved Thursday to apartments at the home of Mrs. Hen ry Hill on South Main street. BETTER ENDERS ON FRONT PORCH ? MUCH PLEASED AFTER VISIT TO HARDING?KNOX SAYS THAT NEXT PRESIDENT HAS INTEREST IN , VERSAILLES PACT?ALL OPPOSE LEAGUE Marion, Ohio, Dec. 30.?The sen ate irrecfoncilables had their big inn ing today in President-elect Hard ing's meeting' of minds, and their spokesman went away from Marion declaring undoubted confidence that no foundation timbers for the new association of nations would be taken from the covenant of Ver sailles. Senator Knox of Pennsylvania, one time secretary of state, I and throughout the treaty fight a lead er of the rejectionists, brought to the president-elect the -warning of bitter opposition should he attempt to revive the covenant in any form as a basis for his new peace society. "I am asured," said the Pennsyl vania senator afterward, "that he has no set idea in mind." Mr. Harding's conference with Mr. Knox dovetailed with another of unusual importance in which the president-elect took up with his ranking political advisers, Harry M. Daughterty and Will H. Hays, the problem of cabinet appointments. No conclusions were rivaled but! here were growing indications that! the two party leaders had been summoned to give a final opinion on two or three of the most important posts fn the official family of the next adminstration. One of the ap pointments foreshadowed for the neaT future is that of secretary of state, a place for which Charles E. Hughes is undestood to be under serious consideration. A secretary of the treasury eems likely to be named at the same time and speculation gave greatest prominence to the names of Charles G. Dawes and John W. Weeks. Plans for the inauguration also ivere discussed bv the President sleet and Mrs. Harding today with Mr. Hays, Mr. Daugerty, Senator Knox and officials of the Washing ton inaugural committee. E. B. Mc Lean, chairman of the committee md Joseph W. Smith, its secretary laid before Mr. Harding many sug gestions for the ceremony, which it was said would provide for an old inaugural celebration on a scale never exceeded in the nation's his tory. Senator Knox is chairman of the congressional committee participa ting in arrangements for the inau guration and it was partially to con fer on that subject that he came to Marion. He also was one of those long ago selected by Mr. Harding as a conferee on the association of na tions plan and the confidence re posed in his judgment by the presi dent-elect has led to frequent men tion of his name as a possible her.d of the state department during the coming administration. -i Other circumstances surrounding the visit, however, clothed it with peculiar significance. Rumblinga of apprehensions have been heard more than once in the camjx. pfthe: senate Tici8f Sir. Bpove and elfrer fHends of th? Versailles' league succeeded one an otherNpt the president-elect's coun cil table or publicly expressed con fidence that the Versailles covenant would be the foundation of a new peace plan. Fresh from conferences with his colleagues, Mr. Knox is understood to have pictured to the president elect in graphic fashion, the possi bilities of a factional fight should the new administration ask the sen ate to accept any sort of member ship in the league. "Personally," said the Pennsyl vania senator after his long talk with Mr. Harding, "I never credited reports that he would use the league machinery as a basis for the propos ed association. I could not imagine how he could misconstrue the man CHOICE OF BASIS FOR VALUATIONS REGULATIONS v FROM INTER NAL REVENUE BUREAU. DIF FERENCE CAUSED BY FALL OF PRICES DURING YEAR MAY BE DEDUCTED Washington, Dec. 30.?Merchants and manufacturers may adopt "cost or market which ever is low er," as a basis for valuing their in ventories for 1920 income tax re turns under regulations issued to day by the bureau of internal reve nue. The regulations caused by the fall of prices during the year may be deducted in arriving at the value of stock. Secretary Houston and officials of the revenue bureau were without estimates tonight of the difference in revenues which may, result from valuation at market rather than cost. The belief was expressed in some quarters that * the difference would run into many millions of dollars. Internal revenue bureau of ficals explaned that the law permits | of a choice of basis and under pres- J ent conditions "market" reflects I more accurately the state of busi ness conditions. To require inven tori6s at a cost higher than 'market^ it was added, would be to put a tax oft investment rather than on in-1 come. Under( ordinary circumstances "market" is defined by thje. regula tions as meaning the current bid price prevailing at the date of the inventory ior tne particular mer chandise in volume in which ordi narily purchased by the tax payer. Inventories of tax payers on whatever basis taken will be subject to investigation, the revenue bu reau announced and tax payers must satisfy the bureau of their correctness of the prices adopted. Tax payers aTe permitted under the regulations to value their inven tories at cost or market, whichever is lower, regardless of past prac tices but in the future a change will only be permitted with the consent of-the bureau. A VISITING SOLDIER Earle Daniel came down from An-j derson this week and spent a night | with his friend and comrade, W. D. j Wilkinson. Mr. Daniel, as a seven-1 teen year old boy escaped" the vigi lance of his home folks and served with the boys on the Border. Then when^the great call came he volun teered and served with conspicuous bravery with the 30th Division in France. He was severely wounded along in October when the 30th went into the fight and was the first wounded soldier to return to the States. The young man is now a student at Georgia Tech and is preparing him self to break the Hindenburg Line of Life and in this fight he wants a ... ' ? ? .v p J__ IT? "Duaaie ' or me lemuuue genuci. uc likes the looks of the Abbeville girls. TAKE HOLIDAY. _.-The Befjve ri e s wtfl'b'e made in the city or oq the rural routes. VISITING IN TROY Mrs. Ellen P. Norwood spent the | Christmas holidays in Troy with Mr. i and Mrs. Edwin Parker, returning to the city on Monday. date of the American people or back-track on his speeches delivered during the campaign. After talking with him I am more than ever confident that he will do no such thing. I am assured that he has no set idea in mirtd and I am convinced that he is going to work out something that will be entirely satisfactory not only to the senate, but to the country." MOVE ON RJ TO B) A BELATED CHRISTMAS Christmas is a week late at the home of Mr. and Mrs. J. M. Wilkin son an'd the reason is that the sons of the family, Dr. Alvin Wilkinson and Walter Wilkinson, ^>oth of Flor ence, are just now getting their va cations and are expected in the c-itj tonight. The fatted calf, the big tur key gobbler, the Dominique rooster and Various hens have been slaugh tered for their coming and a warm welcome awaits them. These young men are prospering in their new homes which gives pleasure to theii friends here. WAR FUEL COM PINT II C n?CD uuui u. u. uvLn According to Final Report of The Business Manager of Fuel Ad ministration Made Public Wednesday. Washington, Dec. 30.?The-''total j cost of fuel control of the Federal government during the war was $4, 824,681, according to the final report o^ the business malTtiger of the Fuel Administration made public here to day. This sum represents all expendi tures, national and state, by the Fuei Administration made public here to day. This sum represents all expen ditures, national and state, by the Fuel Administration from its organ ization in September 1917 to June 30, 1919, when the administration virtually was disbanded. Appropriations made for fuel con trol totalled $5,813,818 and Lawrence Mitchell assistant business manager, who prepared the report, said there was a balance of $989,137 on hand on June 30 last year. Expenditures by the headquarters in ^Washington totalled $2,706,497 and by the state $1,948,618. By far the largest sum was spent in New York state, the total being $212,012 while in New York City $51,675 was spent. Penhsylvania was the second state in the list of expenditures with $84,025 while Illinois was third with $66,849. In the New England states as a whole the cost was $99,812. . MARSHALL FIELD 3RD WILL GO INTO BANKING BUSINESS Chicago. Dec. 30.?Mashall F)ield 3rd announced today he had decided to take an investmer^t banking as his life business and had formed a part nership with a Chicago investment banking firm. Mr. Field who was the principal heir to the estate of hia grandfather, Marshall Field, which made him the wealthiest young man in the world, will continue his asso ciations with the various New York and Chicago interests left by his grandfather. "His principal per sonal business," however, would be inve^tmeht" banking he said. OUEBI-C COIT?M I ctosr-tJfmt- vanOa* y 10 Three Rivers, Quebec, Dec. 29.? The olants of the Wabasno Cotton Company and the Tidewater Ship ping company, closed today until January 10. The Canada Iron Foundry Company also shut down one of its departmens indefinitely. Hundreds of workers are affected. ANDROSCOGGIN WILL DECLARE 100 PER CT. STOCK DIVIDEND Lewiston, Me., Dec. GO.-^^sJeek dividend of 100 per cent was au thorized by the stockholders of the Androscoggin Cotton Mills at a meeting here today. The action in creases the capitalization to $2, 000,000. UMCALS E CONTINUED ! WILL NOT BE PERMITTED TO MAKE TROUBLE-SECRETARY LABOR EXPLAINS POSITION TO UNITED STATES?LETTER FROM WILSON Washington, Dec. 30?So long as the Russian Soviet government seeks to stir up insurrection against the government of the United States its members resident here will be sub ject to deportation, Secretary Wilson said in a letter made public today to / / Charles Recht, counsel for Ludwig C< A. K. Martens, soviet agent in the United States now under sentence of deportation. While the secretary in his letter expressed the friendship of the Unit ed States government for the Russian people, he said that the evidence "cumulative and conclusive that the military dictatorship of Russia call ing itself the soviet government was appropriating large sums of money to stir up insurrection by force of arms against the United States gov ernment." It was this which made Martens, a member of the soviet government, liable to deportation, he added. The letter was in reply to one from Reicht on December 26 relative to the deportation of Martens to Rus sia and for which it had b^en pre viously been announced that the so viet agent would on January'3 for malin cnrronrlor Viimcol'f tr? tVio TTnif. ed States authorities. In his answer Mr. Wilson said that he had author ized the completion of arrangements for the departure of Martens "and the other persons he desired to go with him." ^ Secretary "tVilson in his letter branded as "insulting"' and as re flecting "the brutal materialistic conceptions of the dominant group in Russia" intimations said to have been contained in Reicht's communi cation to the effect that profitable trade with Russia was so important in the American mind as to permit "our institutions to be undermined onrl doctrni/oH nnrf nnr liherties sub I merged if we can have but access to {that trade." | In dealing with the question < of j the deportations of aliens the secre , ary of the department of labor was not concerned with the form of gov ernment adopted by or imposed upon the people of Russia, "except insofar as our sympathies -go out to those who are oppressed." WILSON REFUSES $150,000 T Washington, Dec. 30.?President Wilson has refused an offer of $150, (000 from a syndicate to write an ar j tide on a topic of his own selection, on the ground that no article was | worth such an amount, it was learn ed today at the White House. Details of the offer, which was one of the many the president has received late * J 1.1 * - ly, were noi maae puunw. WARNS BUYEHS NOt / TO WAIT TOp LONG Preii<lent Pkilfdtlpbit Chamber of Commerce- Thinks Inflation ! Nearly.Over ami Buyingi . "-T '-"i " i Boston, Dec. 30.?The belief that business readjustment and deflation is "more than half completed^" and that the "worst is over" was express ed by Alba B. Johnson, president of the Philadelphia and Pennsylvania Chamber of Commerce, in an ad dress before the Boston Chamber of Commerce today. "Is it not good business as well as good patriotism to start buying now, to set the wheels of industry once more into motion, to relieve unem ployment and to spread the improve ment of conditions over a longer pe riod? Let me warn you not to wait too long:," he said. Mr. Johnson asked the co-operation cf business men in making the pri . vate operation of railroads under the 'transportation act a success. \