The Abbeville press and banner. (Abbeville, S.C.) 1869-1924, March 30, 1921, Page PAGE EIGHT, Image 8

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

DR. W. W. LONG MAKES COTTON STATEMENT Says Farmers Have Not Been So Demoralied and Perplexed Since the '90'?. The following statement of Dr. W W. Long, director of the Clerason Ex tension Service, will he read with in terest: "Not since the early 90s have the farmers been so demoralized as they ?re today. At that time cotton was veiling for C to 8 cents a pound, it was most difficult to secure credit at rfnything like a reasonable rate. The banks in the State could be countcd an your two hands. A great number our farmers of today remember! ttase conditions and they are reason ing with themselves about as follows "I liave made cotton at 8 cents a pound and made some little money. I an going to make this crop on the basis of 8 and 10 cents a pound for the reason that I am not going to pur chase anything for myself or my ten ants that I can do without. 1 am go ng ta practice the most rigid ecoiy> ay. Cotton is the only crop that I c^in trow that will bring in any money for myself ot my tenants. It is absolute ly necessary for my tenants to pro duce a crop that they can readily sell for cash, otherwise they will leave {'With these thoughts in their minds I ?nd in their state of perplexity with tibe little more favorable news that m bow being printed in the press in Deference to higher prices that may Jtok expected from cotton, I fear that * great many of our farmers will be teapted at the last moment not to reduce their cotton acreage as much as they had intended to do some thirty or sixty days ago. Any one traveling in the Piedmont will be impressed with the fact that a great -deal of land is being prepared for cotton and, owing to weather condi tions, the preparation is of a most excellent character that will have a decided effect on production. "To my mind there is , only one ' answer to the arguments of some of ?Ur farmers as above set forth and fhst argument should be driven home o every occasion; namely, that a ten ?r twelve million bale crop will most likely sell for 5 cents a pound this I and that a six million bale crop voder these circumstances will bring jn uure money wan a tweive uiuiivn tele crop." "We will have on July 1, 1921, a suplns of nine million bales of cot ton. This surplus will in a great Measure have to be consumed by foreign countries^ We must appre ciate the conditions in Europe as far from being normal. THe armies of , reat Britain, Prance and Belgium are invading Germany. Peace seems to be in the distant future and until peace is declared and the purchasing power of the people in Europe is re ' stored in a measure, cotton will of seeeeaity not be in demand, and any . surplus that may exist will have greater influence on the "market at this time than at a time when ordi aary and normal conditions prevail. The production of a six million bale crop holds out some hope that our ag rieuitirral interests may in the near future be placed on a safe and sound basis; a ten or twelve million bale ! crop means a continuation of present conditions." fOW> MOTOR COMPANY SHOWS TOTAL ASSETS TO BE $384,554,941.68 Landing, Mich. Mar. 29.?Total as sets of $384,554,941.68 on December 31, 1920, are shown in the annual re port of the Ford Motor Company filed today with the secretary of jstste. Cash on hand,includinfc depo sits in banks, is given as $13,557, 244.51, and the value of credits ow ing to the company is placed at $54, 188,633.60. Liabilities of the company on un secured indebtedness are shown as >148,025,300.61. WANTS FOR SALE?Good Bermuda Hay at *1 .50 per hundred in any quantity. A bargain while it lasts. S. J. UNK. ' 3-30 ltcol. DRAY I DRAY!?If you have hauling n nhnnA 297. Wi* haul anvthine anywhere. M. J. BUTLER, Abbeville. 3, 23?6t.pd. I NO INCREASE IS ALLOWED ON SHORT LINES Chicago, March 29.?The United States Railroad Labor board today dismissed appeals for increased wag es filed with it last fall by 15 railway labor unions against 67 "short lines" throughout the country. .Short lines which accepted for their men the terms of the?$600,000, 000 wage award of last July will not be privileged to go back to the old scale, under today's action, however, the announcement of the board say inff: ' "This decision shall not be consid ered as,affecting any wage increase now in effect nor any agreement re garding wages between any of the carriers and their employees."' J The board's decision affects approx imately four thousand employees. The railroads involved are in general remote from large cities and provide service for small communities located in nearly every state. Because Df the varying kinds of work performed by the employees the board, declared it found it "impracticable to decide on the evidence, which already are rea sonable wages for the varying work under prevailing conditions," by the employees. The decision points out that there are under consideration by the board several hundred grievances which should be de.ermined by the boards of adjustments if such boards were in existence. It also pomtet out the d'.verse kinds of work don; by the employees was unclassified .uid there fore that it actually was impossible to undertake the need of standard ization of ru" ->s upon which to base a wage award. A general rules and working hear_ ing affecting the trunk lines of the country is before the hoard. No set of rules, however, has ever been ap plied uniformly to the short lines. The board declared it was 'impracticable f;o determine what reasonable rules shall be in effect on the short lines until the question of reasonable rules and working conditions on the stand ard railroads has been disposed of." Representatives of "bfee carriers and ? i*n tne employees are sua given wic ngut to confer as to wages and working conditions under the board's decision. Representatives of 15 employes' or ganizations are among the 4,000 men affected by the decision. In a few cases, employees belonging to all 15 unions are involved on the same road, but on the larger part of the roads only a few classes of employees come under the decision for the reason that the board's decision affects only those in whose behalf a dispute was ' brought to/the board. Disputes were originally certified to the board on the part of the employ- ( ees belonging to one or more of the ( 15 unions on 103 railroads. Ten of < these roads, however, were electric . lines and the board ruled these lines out. Twenty-six other lines adopted the wage schedules paid by the trunk lines, laid-down in what is known as decision number two, the wage award by the labor board handed down July 20, 1920. Trunk lines in the wage decision were those represented by the Association of Railway Eexecu tives. Following the application of deci sion number two, employees on roads not affected began to file disputes with the board and the whole matter was taken up in a hearing known as the short line hearing on October 18, ' 1920. The hearing consumed fourteen days. The short lines are not parties to the present rules and working con ditions hearings and in event they do not accept the board's decision on rules, a separate hearing for short lines also will be necessary. Various scales of wages have been in effect on the 67 roads. Some car riers paid the standard scale estab lished, by the United States Railroad Administration. Others paid approxi mately the same as those paid on the trunk lines in the same territory. TURKS MAY COMPEL ALL MARRIAGBLE MEN TO WED flrnistflntinoDle. March' 29?Alarm ed at the growing depopulation of Turkey, the Turkish Nationalist par liament at Angora is considering a bill to compel all men aged 25 or more to marry unless prevented by health reasons. Bachelors over that age will be very heavily taxed, while married men will enjoy privileges in taxa tion and military service. Candles are used for lighting pur poses in the gold, diamond and oth er mines of South Africa. GEORGIA FARMER MAY NOT FACE TRIAL BEFORE JULY John S. Williams and Negro Farm Boss Not Likely to Enter Court Before Summer. Atlanta, Ga., March 29.?John S. Williams, wealthy Jasper county far mer on whose plantation the bodies of eight negroes were uncovered in the past two days and his negro farm boss, Clyde Manning, whose confes sion led to the discovery of the bod_ es are expected to go on trial on charges of murder wnen tne juiy ses sion of the Newton county superior court convenes at Covington. Both Williams and Manning are held in the county j&il here on indict ments for murder by the Newton county grand jury in connection with the finding about ten days ago, of the bodies of three negroes in the river which separates Newton and Jasper counties. Solicitor A. M. Brand, of the Stone Mountain circuit court, announced to day he was ready to try the* men at the present session of court, but it was considered likely Judge Hutche son would grant a postponement at the request of counsel for the defend ants, thus carrying the trial over to July, In the meantime federal officers are pushing i;heir investigation of peon age in Jasper county, while the Jas per county authorities are planning a special session of the grand jury this week to investigate the disclosures made at the Williams' farm. Governor Dorsey said today he would ask the .Jasper counts' grand jury to return indictments against Williams and Manning without the formality of a commitment hearing. He also made it plain he would pro vide adequate protection for tie pris oners wherever they may be taken. "After some communities in Geor gia have driven away their farm labor and driven away their farm loans, they will have an opportunity to sit down and think over calmly whether it pays to deal justly with the negro," Governor Dorsey declared today, com menting on the situation in Jasper and Newton counties. COLORADO DOCTOR NAMED FIRST ASSISTANT P. M. G. Washington, March 29.?Hubert Work, president of the American Medical association and former Re. publican national committeeman from Colorado, was given a recess appointment by President Harding boday as first assistant postmaster general. Dr. Work formerly was president !>f the American Medico-Psychologi cal society and a member of the Col srado state board of health and med ical examiners. In 1910 he was re publican state chairman of Colorado. During the war he held a commis lion in the medical corps of the army md rose to the rank of colonel. Less than a century and a quarter igo the workers in the coal mines md salt mines of Scotland were legally bound to the places in which :hey were employed, were brought md sold with them, and when they ittempted to escape were pursued, irrested and returned. Their chil Iren, if once employed, became sub ject to the same servitude. Watch the label on your paper. Painstaking Efficient Optical Our eyeglass service is baued on long experience, modern equip ment and progressive methods in optometry. / This entitles us to your nerious consideration, if your eyes need glasses. L. V. LI8ENBEE OPTOMETRIST (Becoming Glasses Cost No More) GOVERNMENT WINS THREE VICTORIES (Continued from Page One.) stitutional amendment and the acts of congress." Point Not Well Taken The opinion quickly dismissed a contention that the word 'income" as used in the 16th amendment did not include the gain realized by a single transaction but only profits realized by one engaged in business and selling as a business. The reasoning used in the case of the Ryerson estate was held to cover fully the court's decision in'the ap peal brought by David N. Goodrich of New York, involving taxation of profits on investment capital, except that in one transaction Mr. Good rich showed an actual loss from the price he paid for the securities. The ruling of the tax assessors that the value as of March 1, 1913, which was below the cost price in 1912 and the subuequent sale price in 1916 only would be considered, was reversed by'the supreme court. "The act under which the tax was assessed provides that the net income of the individual shall include 'gains' and 'profits,' the opinion said. "Thus it is very plain that this statute imposes the income tax on proceeds of personal property to the extent only that gains are derived therefrom and since no gain was de rived on this transaction,no tax could be assessed against the vendor." In the third case settled today? Walsh, collector, versus Brewster? the same points were considered. Elimination of the March 1, 1913, "upsetline" through today's opinions was in conformance with the volun tary action takon by the govern ment's advocates during the ajgu ment of the case. Solicitor General Frierson at that time, "confessed er SEVERAL EARTH SHOCKS 1,900 MILES AWAY Washington, March 29.?Earth quake tremors characterized as very severe were recorded today on seis mographs at Georgetown Universi ty. The indicated distance from Waahintgon was 1,900 miles. The disturbance began at 2:55 a. m., and lasted until after P a. m., with maxi mum activity at 3:01 a. m. G 0 01 RUE style splendid a ity?exper ship?the kind of help a man to looking as he ou{ Prices are aoi place they si at cms siore you're willing for good clotf See the new mc window $15 to PARK ror," so far as tax assessments had been made on apparent profits fig ured from March 1, 1913, when a com parison with the purchase price show ed the investor to have suffered an ] 1 R E 1 n it a i D F IIT 11 ATTRA< INCLL Dunbar's Wl BAND AND Mi "Nothing Bui Sparkling Ami Artists Four Stolofsky Com Grobecker's ? Beulah Buck EVELYN ! Popular C IN "JOY NIGH Notable Lectures < 5-BIGI Redpath C Due West :: Season 1 Tickets ) CLO --good fit? //-wool qual t craftsman clothes that be as good ?ht to be...... rvn to the iiould be ?prices j to pay les adels in our ' at I $40 :er & r actual loss. For purposes of com puting the proportion of profits to be assessed, that date, as set forth in the 1916 statute, still stand* under the court's ruling. ?ATH CTIONS (DING 11 ie Hussars U.E CHORUS t The Truth" jrican Comedy' ' Singer=Players cert Company >wiss Yodlers , Entertainer B AJ* GELT Cartoonist \ T" PROGRAM m Timely Themes )A YS - 5 hautauqua April 23-28 $2.50 Plus Tax f THES I EESE