The Abbeville press and banner. (Abbeville, S.C.) 1869-1924, January 19, 1921, Page PAGE THREE, Image 3
TOBACCO MARKET OPENS
13 DAYS AFTER TROUBLE
Lexington, Ky., Jan. 18.?Selling
of the 1920 crop of burley or ciga
rette tobacco in central Kentucky,
Indiana and Ohio, was resumed to
day after a delay of thirteen days
due to efforts of persons interested
in the growing of the crop to force
prices to a higher level. Promises
that they will do all in their power
to make a "satisfactory market"
have been made by manufacturers
who purchase most of the crop.
The markets in most of the dis
tricts have been closed since the
morning of Janury 4, when growers
virtually forced warehousemen to
close their doors because of the low
prices offered. A number of minor
markets refused to close and have
^been running ever since, with prices
reported as better than those offered
during the hour or two all markets
were open.
Sales on the Lexington market
were opened at 9 o'clock this morn
ing at Tattersall's, the New Fayette
and Headley No. 2 warehouses
where acutions were going on when
the markets were closecr. During the
day the buyers will visit all of the
warehouses. Warehousemen It is un
derstood are refusing to accept ex
tremely low grades for sale. Buyers
asserted that 25 per cent of the crop
is of low grades which cannot be
used in the American trade and that
they will not bid on the low grades.
KILLED 1, SHOT 1> FOR DIME
Columbus, Ga., Jan. 18.?'Candy'j
U0DD, a wen Known citizen 01 vnr
ard, Alabama, is dead and George
West is painfully injured in a local
hospital, while the police are search
ing for Jack Veasey, who is alleged
to have shot Cobb and West, follow
ing a dispute over a dime in front
of the store of C. J. Windham, just
across the Dillingham street bridge
in Girard. The shooting occurred
early yesterday morning.
The
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When a mere
whole reputat
being sent ou
employees an
So when you
be as adverti
goods advert
BANKING EFFORT
MORE EXTENDED
Long Term Credits and European
Investments.?Gov. Harding Des
cribes Existing Condition
In Address.
New York, Jan. 18.?Both long
tei-m credits and investments in Euro
j pean securities are called for by the
j present situation to supplement ordi
nary banking activities in effecting
| the economic and financial rehabilita
tion of foreign countries. Governor
Harding of the federal reserve board
declared in an address here tonight
! before a meeting of the New York 1
State Bankers' association.
o 1-:? --
Opt^aA-Hlg Ull TTUIMUg uaun. 'IV
Normal," Governor. Harding asserted
that whatever danger of crisis there
may have been is passed and that a
[ bright future is ahead, to be attained
j through hard and intelligent work.
Production must continue if the 1
country is to prosper, the governor 1
| said, but surplus must be disposed by ^
! sale to foreign countries. Under pres- 1
ent conditions, he continued, many ^
countries can not pay for goods in *
the usual manner and "it is neces- *
sary that we should devise new means 1
of financing our foreign trade."
Continuance of trade with Europe e
n
is vital Governor Harding declared,
and the maintenance of "the trade ^
relationships of other countries with v
Europe" is scarcely less important. a
"Otherwise there will be a con- a
stant tendency," the governor ex- e
plained, 'toward the accumulation
here of goods, principal raw mate- t
rials from those countries, arhich j
we have been in the habit of selling v
to Europq, but which now, on ac
count ofE urope's inability to pay
and their own inability to extend P
credit, they are shipping to the Uni
ted States in order to sell for cash." a
Referring to the unsettled exchange H
situation he said that 'in the present t:
circumstances it would be vain to ex-1 cj
?ect to finance our exports to Eu-Im
> Bes
Li buy adverti
ily goods fair
lagine a metchai
2; aud will not gi
iblic condemnati
:hant signs his na
ion of his busines
t fr? all mp l ?=>nnlp
V fcV Mil VftAV/
d most of his frie
i buy advertised
ised. That is w
ised. Advertisii
rope by means of. short time bankers'
credits."
"The war finance corporation has
been revived," he added, 'and subject
to the act creating it, it is author
ized to extend credits in export
transactions, but it is evident that
new agencies must be resorted to in
order to furnish Europe with long
time credit which is so essential for
her rehabilitation and for her con
tinuance as a potential buyer in the
world's markets."
Foreign trade financing companies j
incorporated under the Edge act are i
already in operation under fi deral J
supervision, Governor Harding said,
and should their operations prove
successful, the formation of others i.s |
to be expected.
1 TO ANNOUNCE COACH
Clemson College, Jan. 18.?Tiger j 1
rown is rejoicing over the fact that
i fine football coach has been signed
ip and that he will report for duty
February 1. The committee, consist
ng of Prof. D. H. Henry, chairman,
Dr. W. M. Riggs and Dr. F. H. H.
Calhoun has been making a search
'or the best available man. For bus
ness reasons the newly selected
:oach asked that his name be not giv
!n to the public before January 20.
rhe name of the athletic director will
e given to the press on that day. He
pill come to Clemson on February 1
,nd will take charge of all forms of
thletics and will be at Clemson the
ntire session.
The committee is delighted with
he selection of a new coach and be
eves that it has secured the man
rho can put Clemson back in the
?ad of college sports where she be
>ngs. He has had 15 years of ex
erience in coaching and has been
>ry successful on the Pacific coast
nd in the Middle West. Professor
enry met the new ciach at the Na
nnol T rifnvnrJlarrin + n A+Vilofi/? cicci
ation meeting in Chicago and was d
ost favorably impressed with him. le
t of
ocu guuud yu
ly priced cai
it advertising a
ive reasonable i
ion. That is w[
me to a statemer
s is at stake, he
, so that anything
nds; then you m
goods you get t
hy it pays you
lg protects you.
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PLAN APPROVED
FOR CEREMONY
Harding Told of Inauguration Pro
gram?Platform Will Be Modest
In Size For Use of the
Speaker.
' I
Marion, 0., Jan. 18.?Final plftns
for the simple ceremony on the east
portico of the capitol which will
mark the inauguration of Wax*ren G.
Harding as president of the United
States, were virtually approved today 1
as the result of a conference be
tween the president-elect and Elliott!
Woods, superintendent of tHe cap
itol buildings and grounds. Mr. (
Woods came to Marion to tell Mr. ?
|
Harding formally that the inaugu- ?
ration committee had acquiesced to i
his proposals that the east steps of j
hQ nonifnl Via ?i/-I/ * flno paawaI / *? I
wiv vm|/jwwi w uiauc tn& ouciic vi tuc |
event rather than the senate cham
ber. He also sought the president
elect's consent to a plan for the
erection of a small platform on the
east steps from which the inaugural
address will be delivered. It was
igreed that the platform would be
auilt but it would merely be a small J
iffair designed to assist the . presi
lent-elect in making himself heard.
Mr. Harding today continued his
cabinet conferences preparatory to
:.si departure for Florida but wheth
* he was able to reach a conclu
sion in regard to several pressing
questions could not be learned.
Among the visitors were Frank 0.
jowden, former Governor of Illinois,
vho is reported to be supporting
Charles G. Dawes of Chicago for sec
etary of the treasury; Will H. Hays
hairman of the Republican national
ommittee, spoken of for postmaster
fcneral and Charles D. Hilles of New
rork, mentioned for the secretary
hip of the treasury. Neither Mr.
owden nor Mr. Hilles would com-f
lent on their conferences with the j
resident-elect, but Mr. Hays took |
ains to deny recent reports that a'I
ifference of opinion on cabinet se-jj
'ctions existed between him and J
the I
>u are getting
n stand the
lot of articles tl
wear. Such go*
iy it pays to buj
it he is careful
is doubly carefi
I in it is not true
ay be sure he i:
he best of the b
i to read adver
Read it and
Harry M. Daugherty of Columbus,
regarded as a likely recipient of the
post of attorney-general in the Hard
ing cabinet. Mr. Hays made it plain
that he wished it understood that
there remained complete harmony
among the group of men who man
aged the Republican campaign. (
"I came to Marion at the request ;
of Mr. Harding to cover several im- j
portant matters with him," said Mr. <
lays. "I am not here seeking pub- i
lie office nor am I to adjust any al
tercations over cabinet appointments (
for, as far as I know, there are none.'
Cleveland, Jan. 18.?Traveling in
cognito President-elect Harding
stepped into Cleveland today on per
sonal business and succeeded in mak
ng his way about the downtown sec
NOT
After January 1 $
CASH
AT A SMAL
Please do not as
anything, as it will
ment for both of i
E. F. AF
iarg
I the best of
strain of ad
lat are poor in
ods can t stand
r advertised goo
what he says.
A. When that s
will be known 1
s ten times doul
argain, because
. 1 i
osemenxs, ana i
get the best of
'ion for several hours unrecognized
>y street crowds.
Accompanied by Mrs. Harding, the
esident-elect made the trip from
Marion in an ordinary parlor car at
tached to a regular train. So care
fully had they laid their plan to es
cape attention that they got away
from the railway station as quietly
as ordinary travelers and tonight
some of their clostst friends here had
ict learned of their presence.
Mr. and Mrs. Harding reached
Cleveland late in the afternoon and
vere driven directly downtown in a
:losed secret service automobile.
Vfter a circuit of several shops and
iffices they went to a hotel where
hey dined privately and remained
iver night. They will leave for
Marion early tomorrow forenoon.
ICE!
t we will ^ell for
ONLY
,L PROFIT
>k fus to charge
[ save embarass
as
tNOLD
I
ain
the bar
I
f TAvfl^lW/Y >;
VCI lidlllg.
quality, or
the strain
ds.
When the
tatement is
:o all of his
Diy carerul.
they must
:o buy the
: bargains.
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