The Abbeville press and banner. (Abbeville, S.C.) 1869-1924, February 09, 1921, Image 1
Abbeville Press and Banner
Established 1844. $2.00 the Year. Tri-Weekly. Abbeville, S. C., Wednesday, Feb. 9, 1921 Single Copies, Five Cents.
77th Year.
LABOR HEARING
IMS A RECESS
CONSIDERATION TO BE RE
SUMED THURSDAY. EMPLOY
EES TO ANSWER ATTERBURY
WHO ASKS ABROGATION OF
NATIONAL AGREEMENT. RE
PLY TO REQUEST
Chicago, Feb. 8.?The railroad la
bor boprd, hearing the controversy
between the railroads and their em-'
ployees over national agreement
recessed today until Thursday. At
that time it is expected representa
tives of the employees will appear
with a reply to the request for im
mediate abrogation of the agree
ment made by W. W. Atterbury,
chairman of the labor committee of
the American Association of Rail
way Exeputives.
Representatives of seven inde
pendent employees' organizations
completed their testimony today.
, They asked for certain rules bene
fiting their members and maintain^
pH their rieht to negotiate agree
ments with the roads for members
of their organizations. It was their
contention that heretofore the b.o
; i
therhoods had undertaken to repre
sent all employees.
With the completion of the inde
pendents testimony, ttie board was
prepared to hear the .general pre
sentation of evidence by the bro
therhoods. B. M. Jewell, chairman
of the employees, was in New York
however, and the committee said it
was not ready to proceed until his
Teturn. It was reported that the
employees would ask a month's re
cess to prepare rebuttal to the four)
weeks of evidence presented by the
railroads but the board declared it
had had no such request.
Philadelphia, Feb. 8.?W. W. At
terbury, vice president of the Penn
sylvania railroad ahd chairman of
the labor committee 01 ^ne Ameri
can Association of Railway Execu
tives, managements had s refused to
confer with representatives of the
employees of the various companies
involved. In a statement, he said:
"To be specific, we have' confer
red and negotiated with organized!
representatives of the employees of
the Pennsylvania railroad. Other
Tnilrnads are doine the same.
"For the railroads as a whole to ,
attempt to deal with the nationali
zed organization leaders with a"
view to agreeing upon wages and
working conditions to apply to all
the railroads is, to attempt what ex
perience has shown to be wasteful
and self destructive. Wages and
working conditions can not fairly be
the same on all railroads.
"We believe that there can be no
restriction of effective esprit de
corps, no re-establishment of eco
nomical service, on the railroads of
this country, until each company is
in a position to negotiate directly
with its own men, to appeal to their
loyalty and by enlightened policies
j +a ovAiioa onfVmci
ttllU Attn ucaiui^o, WW uivuuv
astic efficiency of its own mpn.
"In our insistence that repre
sentatives of employees confer with
the officers of their respective rail
roads rather than with the repre
sentatives of the railroads as a
whole, we feel, therefore that we
refuse to meet with our employees.
It is that we desire to meet with
them."
OUR SICK FOLKS
Mrs. Mary Taggart returned Tues
day from Baltimore where she went
for medical treatment. She and the
m M i.1.- 11*% no f A
tamiiy are greauy tuccicu up <?o
her condition.
Mrs. Hamilton, who has been quite
sick of pneumonia, is improving and
was able to sit. up Wednesday.
Mrs. T. H. Maxwell is still quite
sick at the County Hospital and her
condition is causing her friends
grave concern.
NATIONAL EA
RECORD
FAI]
Washington, Feb. 8.?The coun-|
try is now in many respects on a
sounder basis, economically, than it
has been for years, Comptroller of
the Currency John Skelton Williams
informed congress today in what he
described as his "seventh and last
annual report."
Deflation, obviously inevitable a
year ago, has come he said and
prices of many basic commodities
and raw materials have returned to
pre-war levels or ib^low. "It now re
mains for the middlemen," the
comptroller declared, "to adjust his
profits to the new prices before the
ultimate consumer will receive the
benefit of the reduced cost of liv
ing." ^ -
Labor, however, Mr. Williams
said, must soon determine whether
a shut down and idleness is prefer
red to a lower wage scale which take
into consideration the lower living
charges. Mills and factories <^an not
afford to operate unless they can
turn out commodities at prices the
public can afford to pay, he assert- ;
ed, and it is better for the manufac
turers to operate and produce goods '
at cost or at a very narrow margin
of profit than to close down entire
ly. Participation by labor with capi
tal in the profits he suggested as the
only principle i^o restore business. j
Tinwiinc fVia rftcpol roor anrlaH .Tilno
30, 1920, the comptroller said ;
there were 8^57 national banks in
operation, the highest number ever <
reported, and despite the difficulties
encountered thpy made the best re- i
cord in immunity from failure in
about forty years. 'The percentage i
of the capital of failed banks to the j
WITNESS SAYS HE VWAS PUT
. OUT OF BUSINESS?REED OF
MISSOURI DECLARES PRIMA
FACIE CASE OF CONSPIRACY
ESTABLISHED. THE HEARING
V^'LL GO ON
Washington, jFjefo. 8.?Specific
charges that a combination exists in!'
prices of coal in this city and to shut
off the supply of coal to dealers j
who. cut rates were put before the j
^senate committee considering the
Calder coal regulation bill today by
John C. L. Ritter, who said the
"combination put him out of busi
ness." ?
Chairman La Follette ruled that
the committee would continue fur
ther with the inquiry after Senator
Reed, Democrat, Missouri, declared
that the witness had "established a
prima facie case of conspiracy toj
iMAlofa onli.+WKf 1 qtuc nii flio norf
T1VIOVV Mil UiJV 1M Vf >J Ult VUW |/M* V
of a local association" and moved
that department of justice agents
be summoned to explain their atti
tude in the matter.
"The coal men's association had a
meeting." Ritter asserted he had
been informed by one of his 1919
customers wh'o added: "And they
put you right out of business. You
Aren't a coalman at all any more.
Another man, representing a coal
mining company suggested to him,
Ritter continued, that he "raise his
price 25 cents a ton each week until
he got only 10 or 15 cente below
the association price" which was a
figure fixed during 1919 and 1920,
according to the witness by an asso
ciation of local coal dealers. He re
fused, he said, and after April, 1920
he could not get any coal."
"This is a serious thing," Senator
Reed interjected. "The penintenti
ary doors are open ior tnese men 11
they are guilty of what you say."
"They are guilty," Ritter retort
ed. "The only reason I am up here
is because the poor people have to |
buy their coal from these people
and pay the price." v '
INKS MADE E
IN IMMUNIT
LURES IN OV
total capital of all banks, he ex
plained, was about 2,100,000 of 1 [
per cent or sixteen times better,
than the average for the entire fif-j
ty-seven years since the inaugura
tion of the system.
Combined resources of all banks i
in the country on June 30, 1920, in- j
circling national, state and federal;
reserve,, the comptroller said, aggre- j
gated $59,153,704,000. Figures
showing for the first time the busi
ness of the principal borrowers
from the national banks were pre
sented by the comptroller. Loans
and discounts on November 15,
1920, he said, aggregated $13,764,
000,000 of which loans to farmers
and live stock raisers amount to $1,
998,000,000 or 14 per cent; loans to
manufacturing concerns approxima
ted $2,862,000,000 or 21 per cent;
to merchants, mercantile concerns,
individuals in the jobbing business,
and trading wholesale and retails
$<3,584,000,000 or 26 per cent.
Loans reported to bond fend stock
brokers and dealers in investment
securities aperee'ated ?664.000.000:
to railroads, shipping companies
electric light and power companies,
$225,000,000 while the loans to pro
fessional men, including doctors,
lawyers, teachers chemists, en
gineers and clergymen amounted to
^375,000^000. {Miscellaneous loans
amounted to about $4,000,000 or 30
per cent of the total. Gross earning'
of the national banks during the
past fiscal year aggregated $1,109,
000,000 while their total expenses
tverp S7Sfi.nOO.OnO nf whirh $175.
* I
000,000 was for salaries and wages
and $287,000,000 was for interest
Washington, Feb. 8.?District
prohibition directors were instruct
ed by Commissioner Kramer tonight
to permit wholesale liquor dealers to
sell the liquor in their possession to
wholesale druggists.
Attorney General ' Palmer's re
cent opinion prohibits the wholesale
dealersf rofn selling liquor, but pro
hibition officials declared an excep
tion has been made to permit the
dealers to dispose of their stocks al
reday withdrawn from bond. A
change in the regulations was
necessitated, officials sa;d as whole
salers aren to permitted to sell
liquor to wholesale druggists under
ordinary circumstances.
A SON OF DR. DON WILSON
Harold Wilson was in the city
from Anderson for a short stay Tues
day. This young man is the son of
Dr. Don Wilson who moved from
Abbeville many years ago to Bain
bridge, Ga., and who is well remem
Derea Dy tne oiaer innaDitants. uiv
Wilson was the uncle of Mrs. John
Harris and his son made his visit to
her Tuesday. The young man is a
cotton buyer in Anderson and is;
making his way in the world.
ASSOCIATE JUSTICE COTHRAN
Associate Justice Thomas P. Coth
ran was in Abbeville Tuesday on
business. He was the guest of Dr.
P. E. Harrison. This is his first visit
to Abbeville since his election as As
sociate Justice and he received the
cordial good wishes of his many
friends. '
IN GREENWOOD
Major J. D. Fulp Is in Greenwood
today visiting the schools and taking
part in the big dinner given by the
Rotary Club.
\
JEST
Y FROM
ER 40 YEARS
on deposits. National banks in the
city of New York showed earnings
on capital stock of 37 l->2 per cent,
Philadelphia national (banks 33 1-2
per cent, Chicago 24 per cent, Bos
ton 23 per cent,' Cleveland 24 1-2
per cent Minneapolis 21 1-2 per cent
St. ^ouis 17 1-2 per cent, Richmond
20 1-2 per cent, Dallas 30 per cent,
Kansas City 17 per cent, and San
Francisco 18 per cent. Pueblo, Col.,
with 55 per cent reported the larg
est earnings in any Reserve city,
tfirmingnam, Ala., was next witn ay
3-4 per cent and Atlanta third with
38 3-4 per cent.
During the*past fiscal year, the
comptroller reported three presi
dents, eight cashiers of banks ajid
thirty assistant cashiers, tellers,
bookkeepers and others of national
banks were convicted of criminal
violations of the banking law and
sentenced to terms of imprisonment
running up to six year? an^- varying
fines. !
Mr. Williams made public a talkie
showing the salaries paid the execu
tive officers by all national banks in
the country whose resources" were in
CXUUSS U1 ttliU 2>J1UWCU
the largest salary paid any national
bank president to be $100,000 a
year.
Discussing excessive salaries the
comptroller declared, "such ine
qualities would exist to much less I
extent-if the stockholders cf banks
were informed of the salaries paid
to their executive officers, but un
fortunately it is an exception rather
than a rule that the majority of th^
stockholders of theb anks are so in
formed.
PLOT OF GERMANS
NOT SUCCESSFUL
DEFECTIVE BOLTS FOUND ON
MOUNT VERNON?CUTS SKILL
FULLY MADE REMAIN HID
DEN BY ENGINE FITTINGS UN
TIL DISCOVERED RECENTLY?
LUCK WITH VESSEL
New York, I'eo. a uerman war
plot that failed was revealed here to
day. Four defective bolts, taken
from the machinery of the transport
Mount Vernon, told the tale. They
were discovered by the engineering
forces of Comndr. R. D. Gatwood, di
rector of the shipping board's divi.s
ion of construction and repairs, and
placed on exhibition at his'office.
Here is the story. After the Mount
Vernon?formerly the Kronprintzes-j
sen Cecille, the famous "gold ship"]
that raced into Bar Harbor in the
early days of the war?had been
seized as a troop ship, her German
crew cui iwo-uuras 01 ine way
through the four six inch bolts that
connected the engines with the main
crank shaft. The skillfully made cuts
remained hidden by the ^fittings of the
engin^ and were only discovered re
cently, when the engines wera taken
apart.
t is to be presumed that in certain
American detention camps there
were trained German engineers who
waited eagerly for reports which did
not come of "something happening"
to the converted troop ship, for it is
believed that the bolts were left bare
ly holding with the hope that the
I craft would just creep out into u
boat lanes and then fall prey to the
undersea craft when a sudden strain
on the engines came with an order
for full speed ahead.
But the breakdown never came.
Luck or toughness of steel permitted
the liner to make a dozen round trips
through si^marine infested seas car
rying on each voyage from 3,000 to
4,000 men. Just to round things out,
she encircled the glob& to bring
1 troops home from Russia.
WILSON WILL TAKE
AN EXTENDED
REST
Washington, Feb. 8.?President
Wilson plans to go into virtual se
clusion for rest.
Freed from the responsibilities of
office which have weighed heavily
upon him during his convalescence.
Mr. Wilson, his friends say, will
shut himself in for a period of in
tensive rest and quiet in the new
home he has purchased here. He will
rlonv liimcolf fa oil pallort: PVPPnf.
immediate members of his family,
it is said, and a very few intimate
friend^ with whom throughout his
illness he has kept in contact. /
No formal engagements of any
character are expected to be made
by the president until he shall have
thoroughly adjusted himself to pri
vate life after scpie ten years in
public service. Even the writing
which he has planned to do upon his
retirement from the White House
will be postponed for several
months, his friendss ay.
Mr. Wilson is understood to have
received a number of invitations to
spend part of the summer out of
Washington, but because of his de
light with the pleasant weather here
last summer, the first which he had
spent in this city, it is regarded as
unlikely that he will accept any of
these invitations.
For possibly six months, friends
of President Wilson believe his life
will be wholly taken up with recre
ation. His chief diversion since his
illness has been reading. He is said
to have practically exhausted the
field of detective stories, of which
he has always been especially fond
and more recently has taken up
novels and light stories. He also
has given some time to reading
poetry.
Since his resumption last week of
his old custom of attending the the
atre, the president is expected to
pnntiniio nc liic VipnlHi imnrnvp? tn
find time to avail himself of this
form of recreation. He also is ex
pected to'continue his daily automo
bile rides.
THE COTTON MARKET
0
The market after receding about
35 points Monday, and opening yes
terday at a further decline of 20 to
25 points, turned strong in the af?fer
noon, closing at ^ net advance of 40
to 45 points. The opening this morn
ing was some 20 points lower, but
the market advanced during the day,
being some twenty points up over
yesterday's close at one time, but
going back to yesterday's dosing fig
ures for the close today.
Spots in New York were unchang
ed, being quoted at 14:05. Telegraph
ic reports indicated that there was
more demand for spots and this help
ed to sustain the market.
Prices offered in Abbeville today
were somewhat better tlmn the prices
paid for the past few days. Good cot
ton sold for 14% cents, apd one or
two fancy bales brought 15 cents.
GOING TO MARKET.
Mrs. Jas. S. Cochran leaves today
for New YorlT and Baltimore where
she will spend two weeks selecting a
stock goods which will meet the de
mands of the times in both^ price and
quality.
A DISTINGUISHED PREACHER
Rev. Andrew W. Blackwood, D.
D., will preach in the Presbyterian
church Sunday. Dr. Blackwood has
been pastor of the First Presbyteri
an church in Columbia for six
years and he has just received and
accepted a call to the ' Presbyterian
church at Columbus, Ohio. He is one
of the most distinguished preachers
in the Presbyterian Synod.
SENATE REQUEST
FOR MORE DATA j
STATE DEPARTMENT HAS NOT
INDICATED COURSE.?COLBY
NOW STUDYING REPORT OF
MORRIS WHICH IS NOT THE
"AGREEMENT" AS WAS SUG
GESTED. .
1
Washington, Feb. 8.?What course
the state department will take on the
request of the senate foreign rela
tions committee for a copy of the
"agreement" reached between Roland
S. Morris, United States ambassador
to Japan, and Baron Shidehara, the
Japanese ambassador, in their con
versations looking to treaty action
defining the rights of Japanese na
tionals in this country had not been
indicated tonight. ,
The request of the Senate commit
tee for the copy, "if not incompatible
with the public interests," was re
ceived at the state department late ?
today, about, the time that Baron '*
Shidehara held a conference with
Secretary Colby, but no intimation
was given of the character of the
conference nor of the probable atti
tude of the department in the face
of the request.
Secretary Colby merely pointed out
that no "agreement" exists, but only
a report from Ambassador Morris on
his recent informal conversations
with the Japanese ambassador con
cerning1 the California anti-alien land
legislation, which the latter is under
stood to contend is discriminatory
against the Japanese as a race.
The report is now being studied by
Secretary Colby at the same time a
similai^ report from Baron Shidehare
is being examined by the foreign of
fice at Tokyo.
The action of the senate Commit
tee today was takgn in executive ses
sion at the instance of Senator John
son, California, who previously had
called upon Secretary Colby' to make
public the result of Ambassador Mor
ris' discussions. The secretary has re
fused to accede to the previous de
? J? i?-? ?aw 44- Une
manus lur puuuuawun, auu it nao unn
ntimated that final action on the sub
ject, involving, as it does, probably
the amendment of existing treaties or
che, drafting of entirely new agree
ments, would be left for the Harding
administration.
Senator Johnson, has attacked the
proposed agreement because of his
understandipg that it would involve a
gentleman's agreement, which ' in
practice woulcj not act tp exclude
Japanese from this country.
FOR TARIFF BILL
Charleston, Feb. 8.?At a called
meeting here today of the executive
committee of the Agricultural So
I rietv of South Carolina, reputed to
be the oldest agricultural organiza
tion in the United States, a resolu
tion was adopted asking the sena
tors from this state to vote in favor
of the emergency tariff bill or any
other legislation which would afford
protection to American farm pro
ducts at the present \lme.
The rice and peanut industries in
this state were emphasized at the
meeting as being especially hard hit
by Japanese competition. Unofficial
reports made to the meeting also
stated that many carloads of turnips
on South Carolina truck farms are
rotting in the fields owing to a stag
nated condition in the markets.
STATE INCOME TAX PROPOSED
Columbia, Feb. 8.?At the short
session of the House tonight an in
come tax bill was introduced by the
ways and means committee and will
come tax bill was introduced by the
ways and means committee and will
come up for consideration tomor
row. It provides for. a tax of 1 per
on the first $1,000 of income above
certain exemptions and 2'per cent
tax on the second thousand. A tax
as high as 6 per cent is levied. The
bill was read by title only.