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== FEDERAL RESERVE BOARD ANNOUNCES ITS POLICY E / , I Washington, July 28.?In view of the vital importance of the problems ' incident to the harvesting and marketing of the coming coton crop, the Federal Reserve Board today held a ? conference with the governors of the Federal Reserve Banks of Richmond, | Atlanta, St. Louis, Kansas City, and Dallas, the banks located 'in or brought in closest touch with the { member banks in the cotton states, for the nurnose of reviewing the cred it situation in these states, and determining what further credit,will be needed to facilitate the harvesting ;; and orderly marketing of this crop. At the present time the five Re' serve Banks in question are lending to their members $457,000,000, or ' more than 26 per cent of the loans of I I the- eritire system, the Richmond Bank borrowing from other Reserve Banks $20,000,000 and the Dallas Bank borrowing $16,000,000 for that t purpose. The total loans of these five ft Reserve Banks to their member banks f exceed their reserve deposits by L $1^2,000,000, whereas the reserve I' deposits of the other seven Reserve l Banks exceed their loans to their | members by $118,000,000. to. The amount now loaned by these ?| ; v Reserve Banks to their members is " Kim*, and nno.tialf fl'mps th? flmOUTlt 1 borrowed at any one time by all the {optional banks of the country prior to 1914, or before the establishment ojfj/.the Federal Reserve System. (>The Federal Reserve Board and the Qovernore. of the Federal Reserve Banks annoiyice that the Federal Reserve Banks, in addition to credits already extended, are able and stand ready to extend further credit for the purpose of harvesting and marketing thie coming crop, in whatever amount may. legitimately be required, either directly to their member banks, or ijwjer a ruling now issued ?<y the Federal Reserve Board; indirectly to nonmember banks | acting through the I agency and with the endorsement of er bank. These loans will be fe&ie by the Federal Reserve Banks open notes, drafts and bills of ex!fch?ng4issued^ or drawn in accordance thp teralis of the Federal Reserve Aebandl the regulations of the Federallteserve Board, for the harvesting nor orderly marketing of the coming cotton crop. m order, however, that these rediscount facilities of jthe Federal Reserve Banks may be fully effective it will be necessary that member banks in the cotton states place their loaningfacilities freely at the disposal of cotton producers and dealers in their respective localities with the knowledge and assurance that the Federal Reserve Board and the Federal Reserve Banks recognize the urgency of rendering all proper assistance to these important interests during such t abnormal times. >'< Jir, Meyer, Managing E>irector of Rft. the War Finance Corporation, who y,: attended the conference, reviewed ? the activities of the War Finance CorV poration in making loans for ,financign cotton for immediate and future export. Governor Strong, of the Federal Reserve Bank of New York, and representatives of certain New York member banks were also invited to the conference to discuss the necesh. sity or advisability of having various ommercial banks through the counf. . try establish a fund for the purpose I of making loans upon cotton. In view of the conclusions reached by the conference as to the ability of the 'Federal Reserve Banks effectively to take care of all of the legitimate requirements of the cotton interests, it f'- was felt- that the establishment of such a fund at this time is neither nec essary nor advisable. Governor Strong stated, however, that he had I' received assurances from a number l- of important banking institutions in jj* New York City that if the facilities now offered by the Federal Reserve Panlro on/1 a Wot* Pinqtiaa pAtmA*. uauiuv cttivi vug ?i ua jl ttiauvc vviyvi* ation should prove to be inadequate, they will co-operate in the establishment of a cotton loan fund in whatever amount the situation might demand. < 1 WALLACE HARRIS LAWYER , i' ii Room 204 CITY HALL i'-. ". f > U . v r " i CHARLESTON POSTMASTER C FILLS SHERIFF VACANCY Joseph M. Poulnot Succeeds Late Elmore Martin In Important ?' County Place. $' Charleston, July 28.?Joseph M. s* Poulnot was last night appointed 111 sheriff of Charleston County by Gov* P' 6rnor Cooper to fill the vacancy caused by the death of Capt. J. Elmore Martin, who had held the office for w nearly a quarter of a century. si Mr. Poulnot has had practical ex- di perience in the office, having served for twelve years as chief deputy to *r Capt. Martin. He left the sheriff's office in the fall of 1913 to accept the 01 appointment as postmaster, President w Wilson naming him to succeed the si late Wilmot L. Harris. n Mr. JPoulnot nas Deen postmaster v* for two terms of four years each and an examination to choose his succes- r< sor will be held next month. In the postoffice, he has upbuilded the cir- ^ cle of personal and political friends he had already made. . S1 Mr. Poulnot began work as a bookkeeper for the naval stores firm of o: Patterson, Downing & Co., later he- ei coming agent for the concern. On its 0! retirement from business at Charles- ai ton Mr. Poulnot took over the naval P stores business of Wm. M. Bird & Co. C( staying with this hous^ until Sheriff a; Martin appointed him chief deputy. o: He was with the Bird establishment P for about ten years. ' b For many years, Mr. Poulnot has ^ been regarded as one of the political t( leaders in Charleston. His friends u have been confident from the outset ^ that Governor Cooper would appoint him, feeling that to some extent Mr. ** Poulnot'g elevation was logical. ' d It will be several days before Mr. P Poulnot will comply with the legal d requirements for leaving the post- b mastership and taking over the duties b of county sheriff. However, it i3 his P intention to carry out these formalities as soon as possible. y, I . 1 1< TIGERS MAY'PLAY t! CARNEGIE TECH p Clemson, July 28.?The schedule 0 of the Clemson College football team e l as been announce; and in keeping with Coach Stewards policies some 11 big teams are to De pUyiid. 1)5 special e interest to Clemson alumni will be a ' the opening game of the season, that with Centre College at Danville, Ky., f > Oct 1. A game with Carnegie Tech 1 at Pittsburg is pending. This game is * ; on the schedule two days' after the t i Citadel game at Orangeburg so there - is some doubt in the minds of the al- * ' umni as to whether it will be played r this year. Stewart, however, may re-1 0 arrange the dates. c 1 Next year Clemson will open its season with the Uqitqd States Mili- t ' tary Academy at West Point. That ii is in 1922. 'Coach Stewart's policy i is to schedule two or three big in- h tersectional games each year. His a record as a coach gives him prestige and with it the team acquires* prestige. With the exception of Centre and Carnegie Tech the other teams S will be among those played last year. The 1921 schedule follows: October 1, Centre College at Dan- I ville, Kentucky. October 7, Presbyterian College, campus. October 14, Auburn at Auburn, Alabama. t C October 21, Furman at Greenville. October 27, Carolina at Columbia. November 5, Georgia Tech at Atlanta. November 9 or 10, Citadel at t< Orangeburg. * ti November 12, Carnegie Tech, s< (pending) at Pittsburg, Pa. o November 18, Erskine, -campus. o November 24, University of Geor- b gia, at Athens, Ga. w : h Autos Found in Lake. 51 C iRalpforVi W f!__ 9.Q __TVip f.hirH tl of a number of automobiles said to P have 'been stolen, was located by a 11 driver in the rock quarry lake, on the outskirts of Raleigh late yesterday. Grappling hooks have been at- J tached to the car and it probably 1 will be pulled from the water today. Two other cars were recovered from the lake last week. The two machines I w#>r<? injnireH. Because of reports that evidence T ocf many crimes would be found at ti the bottom of the rook quarry which is owned by the state, solicitor Her- fi bert Norris recently requested Gov- C ernor Morrison to order the place C drained and the state building and 1 gdunds committee was expected to j hold a meeting today to determine whether this shall .be done. J i 4 HICAGO PAPER WILL HAVE AN ARTISTIC HOME Chicago, 111., July 28.?The Chica5 Tribune has announced a prize of 5,000 to mural painters for the most 1 litable designs for the embellish- < ient of the news room in its new lant, just north of the Ling bridge i Michigan avenue. Under the plans of the contest, hich will be held under the supervion of the Chicago Art Institute, the esigns to be submitted must poray some important phase or episode i the history of journalism. Ten free scholarships have been ffered by the institute to painters ishing.t6 work on The Tribune degns, in order that artists of small teans may not be excluded from parcipating in the contest. The walls of The Tribune local )om comprise three premier and nine isser panels. Of the three larger, le greatest is 15 by 18 feet. Afeofefcthe themes which have been lggested for these panels are the rjngvri&in of the verdict in the case f tne Kiflg vs. Zender for libel, an rent of historical importance in colnal annals of the American people ad a victory for freedom of the ress; the sitting of the American angress in which the constitutional mendments safeguarding the. liberty f the press were adopted; and the re-war conference in the old Triune office in the late 50's between braham Lincoln and the early edi)rs of The Tribune concerning measres which eventuated in the abolion of slavery. Among the factors which the artist ill contend in the execution of his esign will be two lofty structural illars, many large and small winows, lighting fixtures, bulletin oards, paper lockers, telephone ooths, a monumental clock and a per etual calendar. The actual work, il is estimated, rill engage the services of five artsts for more than two years, and hese services will be' paid for! The lan has received the commendation f* virtually every noted mural paintr? ' > W. B.1 Van Ingen, whose work ncludes the decoration of the govrnment building in the Canal Zone nd Judge Landis' court room in the ederal building in Chicago, declar? d the Tribune idea "extraordinary" n that "the public is getting tired of. he old conventional mural decoraions." '* \ "The people want their decorations o tell a story," he averred. In this egard the paper has gone far ahead f anything that has ever been coneived before." The offer has opened the way for he ambitious young mural painter i the opinion of artists. Preliminary work on the designs as already been begun by numerous rtists, it is said. . ( 1 / 7 SUMMONS tate of South Carolina, County of Abboville. Court of Common Pleas, toy Clement, and the minors Helen Clement and Ruth Clement by their Guardian Ad Litem J. S. Ctement, Plaintiffs. against leorge Godfrey, Jim Donaldson, and if he be dead, then the unknown heirs at law"of Jim Donaldson, Defendants. Vnn Aro QnmmnnoH fln/) TohniTO/l A VI4 AU v WmtMVMWU MMM * vv^maa vu 5 answer the Complaint in this acion, of which a copy is herewith jrved upon you, and to serve a copy f your answer to the said Complaint n the subscriber at his office at Ab^ eville Court House, South Carolina, rithin twenty days after the service ereof, exclusive of the day of such srvice, and if you fail to answer the Complaint within the time aforesaid, be plaintiffs in this action will aply to the Court for the relief delanded in the Complaint. J. HOWARD MOORE, / Plaintiff's Attorney. une 27th, 1921. 'o the absent Defendant, Jim Donal- . son, and if he be dead, then to the unknown burs at law of Jim Donalson: YOU WILL PLEASE TAKE NO'ICE, that the complaint in this acion toether with the Summons, of rhich the foregoing is a copy, was led in the office of the Clerk of lourt for Abbeville County, South :aroiina, on tne zvtn aay 01 June 921. J. HOWARD MOORE, Plaintiff's Attorney, uly 11th, 1921. ltwk 4 wks. I BOY SPENDS SUMMER 1: SAVING DROWNING FOLKS p i] Syracuse, N. Y., July 30.?Che- v ter Myron, a 16-year_old lad of the k city, recently spent a busy week p saving lives at Fort Lake, in the 5 Adriondacks. His Carnegie hero med- 1 al, which has (been recommended, b will rewrd the names of three worn- t; en who would have been drowned tl had not Myron acted valiantly and a quickly. Of the three one was My- ti ron'fl aunt, who was about to go tl down the third time when the boy n reached and rescued her. Miss May 1< Weber, member of a wealthy Day- li ton, Ohio, family, was exhausted s and had disappeared under the-surface, when fully dressed,. Myron p leaped into the water and brought a Miss Weber to safety. The third ^ rescue was performed with the same courage and quickness o<f action. * , s: MAKE YOUR OLD CAR LIKE n NEW. h We build Topt, Seat Cover* and " all land qf upholstering. Made | nnl nf trnat1 matunal lnJ vn>r. [3 antee to five good service. Prices | reasonable, t ? .? ig H. L. PAGE, j Phone 227 Greenwood, S. C. il Hipp Bros. Garage. STATE OF SOUTH CAROLINA, I COUNTY OP ABBEVILLE j'.j Probate Court | Citation for Latter* of Administra- 1 tion. . / B By J. F. Miller, Esq., Judge of Pro- I bate: ? WHEREAS, H. L. Johnson hath j| made suit to me, to grant him letters * of administration of the estate and effects of Benjamin Franklin Walk- , er, late of Abbeville County, deceas ea. 1 These are therefore, to cite and admonish all and singular the kindred and creditors of the said Benjamin Franklin Walker, deceased, that they be and appear before me, in tlie Court of Probate, to be held at Ab- , beville Court House, on the 5th, day of Aug. 1921, after publication hereof, at 11 o'clock in the forenoon, to ' show cause, if any they have, why the -said administration should not be granted. _.7V; V? Given under my hand and seal of - H , the 'Court this 21st day of July, in the year of our Lord one thousand! ;nine -hundred and twenty one and in j - . I the 146th year of American Independence. ' Published on the 25th day of July 1921 in the Press and Banner and on the Court House door fpr the time required by law. J. F. MILLER, Judge of Probate. | MASTER'S SALE The Stat* of South Carolina, NCOUNTY OF ABBEVILLE, / Court of Common Pleas L. P. SONDLEY, \ Plaintiff, i against . CHARLIE JANIDES and J. S. ST-^jRK, Defendants. By .authority ot a decree ox sale Dy the Court of Common Pleas for Abbeville County, in said State, ftiade in the qbove stated case, I will offer for sale, at- Public Outcry, at Abbeville, C. H., S. C., on Salesday in September, A. D., 1921, within the legal hours of sale the following described . 1 I : \ . ' YOU may s \ 1 cure a custom with a bargai - 4 but it takes qua ty to hold him r I E I i L ? 1. ind, to wit: All that certain lot or (< arcel of land situate, lying and be- a ng in the city yf Abbeville, Abbe- oi ille County, in the State aforesaid, 01 nown as lot No. 4 of the D. O'Neill n< roperty as shown on plat of S. B. et tambo, engineer, dated April .22, sc 919, the-same having a two story m rick house thereon, fronting twen- al 7-five and nine-tenths (25.9) feet on he Public Square, and running back w distance of seventy-two and eight se enths X72.8) feet; being bounded on m he northwest by lot No. 3; on the lortheast by lot No. 8 and law range, ci at; on the southeast by Russell store a] ?t and law. range lot; and on the ti outhweSfcvby the public square. tt Also lot No. 8 of the D. O'Neill ai roperty lying at the rear oi the tt hove described lot and ninninc hnrlc ?,? 6I rom the rear of a ten (10) foot al- tf eyway, the same having a width of ixteen and five tenths (16.5) feet, p; nd a depth from lot No. 4 to the aliy way of sixty-one and sixteenths A j ...A GOOD PLACI ; Al H. F. F I r Where you always ge and Fancy Groceries, duce at the lowest posi Try our Ice Cream H. F. F I * ; * ' ' ' ' . '* I i 1837 IERSKINE < Eo DDE WES' ^ Eighty -four years of cohtinu 3 Unwavering Adherence to }tj thorough Scholarship. >: Courses: A. B., B. 8., M. A. ' Literary' Societies Emphasize 'i2 Intercollegiate Contests in ] g worthy of comparison. : Adequate Equipment and En jl , Board in College Home at 1 a Moderate. ~ / | i For catalogue and Applicatio | ERSKINE ( I . } DUE WES" Plumbin and Heath : . I. i" 17 , REASONABLE Q nni rco ?' I * > " % * u. Ralph ' _t, r ; " W . Static! 6 - ; : ? ; v J-''"-- *v ^ How's yc n; * ; business i li- , ; Now's a look it o ready for We can alsi der for Engi for every put The Press 5SbnmS555EE55S3 |u^|Mwir^,"iwwensn*e*,,ei"irai^ 31.6) feet; the northwest line being continuation of the northwest line : lot No. 4, the same being bounded i the northwest by lot No. 7; on the jrtheast by aHey way; on the southist -by law range lot; and on the mthwest by lot No. 4 and being ore accurately described on the plat. >ove referred to. The two (2) lots described above, ill be sold as 'one (1) lot. All asissments for street improvements ust be assured by the purchaser. TERMS OF SALE?One-third ish, and balance on credit of /One id two years in equl installments, le credit portion to bear interest at . le rate of seven per cent per annum^ id to be evidenced by the bond of le purchaser, secured by his mortage of the premises, with option to- $ le purchaser to pay all cash. Purchaser to pay lor stamps and apers. , \ THOS. P. THOMSON, .ug. 1. 1921 Master A. C., S. Cv\ > , i TO TRADE ... I UEY'S I t the best in Staple J Fresh Country Pro- j| sible prices, | i?it is the best. : i NLEY. j COLLEGE 1921 f| T, S. C. I ous service. B?. ^ Christian Character and a , Pre-Medical, Special. j| Debate, Oratory and Athletics gj aowment. s 'a Cost. Price in Private Homes |j n Blank, wfcite to V a ' COLLEGE, I v r . : * ' v ;|| 1 PHONE | 265 iff : ; ' Calvert Building 1 ' Vienna Street Iurner 1 < 1 i ' >;. I . ? -* =======S===ra^, r ? i "* r%??-w\r >ur supply of 1 stationery? < good time to vpr anrl aet I ' o ? | the fall trade. o handle your or aved stock yose. & Banner Co. SS^SSEE&SSflESRHHBiBHHl *