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F.ctahlishfiri 1844. $2.00 Year. Tri-Weekly Abbeville, S. C., Wednesday, December 28, 1921 Single Copies, Five Cents. 78th Year. H M . . \ i :-V 'rj>: I " OFFICIALS OF TRANSPORTATION COMPANIES TO MEET SUB SIDY COMMITTEE JANUARY 5. FINAL APPROVAL FROM THE WHITE HOUSE Washington, Dec. 27.?A final con ference of officials of leading marine transportation companies with the shipping board's special subsidy com . mittee has been called for January 5 to pass upon a tentative plan formu lated by the committee providing for the subsidizing of the American merchant marine to insure its main tenance. The committee was formed to study the question of subsidies at .. the suggestion of President Harding, who made special reference to this method of assisting American ship owners, in his message at the last congress. The plan, when finally ap ' proved, will be submitted to Presi dent Harding, who is expected to adopt aome of its provisions in a mes sage to congress. In its present form which, mem bers of the committee emphatically stated today, was not official and is subject to changes in any one of its features, the plan proposes both di rect and indirect aid, the former through diversion, ,and the. latter through establishment of a revolving loan fund of $100,000,000. Other suggestions now comprised _ in- the plan are understood to in clude : That thfe shipping board sell its re maining fleet as rapidly as possible at prices not exceeding the prevail ing world market price for similar tonnage. Amendment of Section 11 of the merchant marine act to permit the establishment of a merchant marine loan fund of about $100,000,000 un der the administration of the ship ping board for the purpose of mak ing loans at reasonable rates of in terest, not to exceed 5 per cent, per annum, on first mortgages on Amer ican flagships: this fund not to be limited to shipping board transactions but to be available for financing of all - American ship operating organi zations. Income tax relief to create an in '1 centive to shippers to use ships fly ing the American flag, providing for a reduction from net income tax pay able on the basis of a shall percent age of the freight paid on American flagships, or through a greater allow ~ jince on depreciation on ships. Creation of a government marine insurance, non-profit making corpor ation to insure its own ships and to offer hull insurance at cost to pri vate American owners backed by -a loan of $100,000,000. Other sugges tions include the carrying in Ameri can ships of at least 50 per cent, of the immigrants coming to this coun trv? a fthin lirpnsiTic svstpm : ampnH ing and revising of navigation laws; preferential through rates to Ameri can flag vessels; the extension of coastwise laws to our insular posses sions; and the cooperation of ship ping board and navy to secure bet #ter compensation of the merchant marine officers and men of the naval reserve. Believing that indirect aid will not alone enable American ships to op erate successfully in competition with those of others, the committee also had adopted tentatively the follow ing methods of direct assistance: Establishment of American ship ping on an even competitive basis with that of Great Britain by a basic payment, to American ship operators to cover the general wage and subsis tence differential between the ships. Making available a portion of the remunerative fund of about $8,000, 000 per annum for encouraging con struction of mail carriers. Encouragement of special services and new routes through nominal bare boat charters operating under man aging operators' contract until pri vate capital ie avilable, and through NOT BELIEVED THAT GERMAN ( SCIENTIST HAS DISCOVERED WAY TO MAKE GOLD 4 BY TRANSMUTATION OF . METAJL AS REPORED New York, Dec. 27.?Wall street was undisturbed today over persist- I ent reports that a German scientist I has succeeded in making synthetic I gold. Certain chemists also were i skeptic. Quite, a number of otfter * people recalled their copybook max- i im "All is not gold that glitters," ^ and intimated disbelief in dispatches c which hinted that the age-old quest 1 of all chemists had reached its goal. S "If the Germans wait for synthe tic gold to make reparation pay- t ments, they will probably need a o f&nger moratorium than they now i seek," said Dr. Horace G. Byers, r head of the chemistry department of e Cooper Union. Professor Irving Fish- i er, of Yale, was quoted, as saying in * London that if the synthetic gold t process were true, Germany might P make a farce of the reparation pay- t ments by using synthetic gold. * 'Vf course;" Dr. Byers said#, "it c would be a brave, or an ignorant ? scientist who would pronounce the synthesis of gold impossible. There t is, however, no creditable evidence r that chemists are today any nearer ? the realization of the dream of the c alchemists than they were in the e days when the German kings were duped by' the Knights of the Black Art. "Even were the speedy solution of the transmutation of metals promised, it is probable the practical problem would be as distant from solution as in that of diamond manu facture, which everyone knows is possible." \ Both Dr. Byers and Dr. Harrison E. Howe, editor of the Journal of Industrial and Engineering Chemi stry, differed from Professor Fisher, who has gone to Germany to investi gate the reported synthetic -gold achievement, in statements attribut ed to Professor Fisher that synthetic gold might be worthless. "If one should succeed in what seems now to be a very improbable performance, the product would be ~ JL far from worthless, as Professor Fisher is reported as fearing," said Dr. Howe. "For all that we know it might be I more valuable. Moisant, of Paris, t demonstrated it was possible to r make diamonds, but the small ones t that he did make were more costly ( than the genuine gems." J 2 3 CONSOLIDATE STORES * Cobb's Will Occupy Only One ^ Room Hereafter Cobb's ten-cent store which has ] been occupying two store rboms on the square will hereafter occupy on- i ly the lower room, the stock having been consolidated. Hall's Invest- ^ ment Company, it is understood, will move into the room vafcated by c the ten-cent store. I Ward Jameson spent the holidays in Honea Path with relatives. bids for the operation of prescribed routes and services. Customs receipts and tonnage tax es form the main support of the di rect aid suggested from the estimat ed income from customs receipts for 1922-23?about $300,000,000, 10 per cent, of which would be set aside as a special fund for paying remunera tion to American ships on a basis to be adopted. Augmenting this fund there would be, the report states, ton nage taxes collected in * American porta from all ships, both American and foreign tax,; estimated at ' $2, 000,0$0 under present conditions, which would be raised to $4,000,000 if the proposed tonnage dues under the pending metyiure are made ef fective. SOVIET APPROVES ECONOMIC POLIC) i CONGRESS ACCEPTS ADDRESI OF LENINE?LARGE FACTIOI OF COMMUNISTS NOT ENTHU SIASTIC OVER CHANGE Ol METHODS. Moscow, Dec. 27.?The mntn an Russian Soviet congress today ap jroved of the new Soviet economi >olicy as outlined before that gather ng yesterday by Premier Nikola l.enine. This approval was given b; iccepting Lenine's address, whicl vas presented as the report of^ th council of commissaries of the do nestic ajid foreign policies of th Soviet government. A large faction of Communists rho dislike the government's chargi if capitalistic methods, joined grudg ngly in acceptance of the new eco lomic policy. One reason why the; tpproved it at all, it was explainei n some quarters, was because the; lad no alternative to offer. Althoug] hey detest the terms, "money," "ca >italism" and "trusts," they receive* heir leaders' apologies that the eco lomic cnange was omy a preiace t< onstruction of a real Communistii :overnment. Confidence is not general amonj he Communists in the supreme eco lomic council. Their prejudice ap ears to. be directed against th< ouncil rather than against the gov rnment's general policy. M. Bogdanoff, council chairman nd Leonid Krassin, Soviet trade rep esentative, apparently are not gen rally popular with the Communisti< lasses, and failure to interest foredgi eekers of concessions in leases an< o get industries going is chargec gainst them. Moreover, they are re arded in labor circles as being in ifferent to the workmen's interests 'here is frequent assertion tha' rusts, whether under the Russiai ovemment or under the manage sent of foreigners, will work hard hifcs to the workmen. Furthermore he laborers are discontented on ac ount of their claim ihat Soviet na ionalization has not wiped out thi ourgeoise. POLICE COURT :iffhte?n Defendants Pay In $19! Tuesday Morning. Among the eighteen defendants ii >olice court Tuesday morning onl; hree were charged with drunken less. No court was held Monday, thij >eing - observed as a holiday. Thi Christmas spirit was not so rampan is has been the case in previou; rears. The fines amounted to $195 he following making contributions Will Foster, Monroe McClinton rim Lomax, Doc Williams, Jim Smith Dave Smith, Will Crawford, gaming .0 each. Jack Leech, drunk, $5 bond for 'eited. Henry Sims, carrying concealer veapons, fined $50. Virginia Brown, disorderly ii :hurch, $10, bond forfeited. Lewis Williams, disorderly, $1 >ond forfeited. Walter Davis, Bolton Gaines an* lichard Gaines, gaming $10 each. Grady Beauford, drunk and dis ?rderly $7.50. Gaines Boyd, disorderly conduct 17.50. Mattie Boyd, disorderly conduct 15. GET SMALL STILL * Thirty Gallon Outfit Brought It Sunday. A thirty gallon copper still and i ew implements--of the trade wer< aptured Christmas day in the local ty of the Savannah river, back ol yowndesville. Two special officer 4ade the raid. While the still showec igns of recent operation, no one wai ound in the vicinity. 5 bill to encourage merchant 4 marine.?mondell holds CONFERENCE with presi F dent harding at the white house. Washington, Dec. 27.?Legislative k plans for the present session of con c gTess are for the enactment of bills - t.o encoufap-e the merchant marine, ,i to provide some sort of bonus pay y ment to former service men, enact h permanent tariff schedules and pro e vide the regular appropriations which - sustain the government, Representa e tive Mondell (Republican,) house leader, said today on leaving the :, White House after an hour's confer e ence with Resident Harding. - There are no definite proposals on the merchant marine or soldier bonus V which can be said to have the ap * proval of the majority at this time, y Mr. Mondell said, but the outline of 1 subjects to be taken up includes both " matters. Every endeavor will be * made in the house, he added, to have " all the appropriation bills which 5 originate there enacted by April 1 c so as to give the senate time to con sider them on final passage and ad * journ the congress in June. The question of finding the sources for funds with which to pay the sol s diers' bonus, the house leader as serted, was the chief stumbling block of proposals for such a bill. Enact ' ment of such a measure, he added, probably would require simultaneous creation of a special tax to meet tne ' outlay. Mr. Mondell said he did not | discuss with President Harding the j "remuneration plan" for subsidizing merchant ship operation and he ex pressed the view that considerable . discussion would be required before t congressional leaders could adopt a 1 plan on such a measure. There is a possibility that Presi dent Harding will leave Washington ' before New Year's for a three days' trip to Pinehurst, N. C. No definite 2 decision as to plans had been reach ed tonight. f DROPPED INGERSOLL > Watch Company Placed in Involun tary Bankruptcy. i New York, Dec. 27.?An involun - ' ' ' 1 J.~ ? f tary petiuon in uanKruptcy wao muu - in federal court today against Rob s ert H. Ingersoll and brother, manu e facturers of the Ingersoll watches, t of this city. Liabilities were set forth 3 as $3,000,000 and assets, exclusive '? of good will as $2,000,000. : The concern admitted its inability i to pay its debts and expressed willing i> ness to be adjudged bankrupt. The proceeding were brought by the National City Bank of New York - Chase National Bank of New York, and Hathaway, Smith Folds and j Company, with combined claims of $450,000. SECOND ELOPEMENT Take* Wife's Younger Sitter and Gets In Jail. Athens, Ga., Dec. 27.?Eva Tolbert 12 and Parvin Thornton, 20, who dis appeared together December 15, were found Sunday in Aiken, S. U., it was learned here today when Thornton was committed to Oglethorpe county jail on charge of kidnapping and the girl returned to her home near Ar noldsville. Thornton "had eloped with Ora Tol bert, 17, on Halloween night, mar ried her and returned to the Tolbert home to live until his second elope ment with his wife's younger sister. CHRISTMAS VISITORS. Dr. and Mrs. J. B. White and Mrs. Elizabeth Brickman of Atlanta, and Mr. Andrew White of Washing ton, D. C., are visiting Mrs. L. W. White on North Main street. a NEXT SESSION WILL. BE HELD CO] WEDNESDAY ON SUBMARINE M QUESTION?ALL INDICATIONS M POINT TO CONTINUED OBJEC. A TION TO AMERICAN PLAN I] Washington, Dec. 27.?The arms conference naval committee which faces a perplexing situation in its effort to agree on limitatioh of sub marine strength, tonight postponed, its next meeting until Wednesday so that the French and possibly also the Japanese, might receive from home officials more definite instruc tions regarding the compromise pro posal of* the Afiierican government. All indications here, however, pointed to continued " objection to the American plan by both the Japanese an<* the French groups. At the same time the Americans' and British appeared ta feel that in of fering to scale .down their sub marine fleets 'of 60,000 tons each they had made a maximum Conces sion in the interest of an agree ment. In these circumstances, more defi nite shape was assumed by a move ment for a later conference, to be attended by a larger number of na tions, for another examination of the whole submarine problem, and a i A n Va ?m A Cf AO 4" J.ur a iui>uie uccuug wx wc powers to assess the general possi bilities of further armament limi tations. There were indications that the plan for a world submarine conference would be put into con-: crete form very quickly. The pro posed new conference of the pow- J11131 ers on the general subject of arma-1 qui* mnts probably will be held in 1928 or 1929, and provision for it will be made in the treaty that is to embody the decisions of the present meeting. Postponement of the naval com mittee meeting from tomorrow to Wednesday is understood to have resulted from a request from the French delegates, who have not yet heard the formal verdict of their home government On the American plan to fix American and British submarine strength at 60,000 tons and to make a statu* quo arrange ment for France, Italy and Japan. The impression among the members j the r\# +Viq TP-ran /lolocrflfinn tonichtl LllC U1 l/UU was that the plan would be wholly! eral unsat:sfactory to Paris. A submarine new tonnage of 90,000 has 'been sug- ^ gested for France by her naval ex- for perts and under the American pro posal she would have only about 31,000. frie The Japanese maintained silence mer aa to thei future course in the nego- the tiations but there was no evidence waj] that they intended to recede from thei their flat refusal to accept the ^ American compromise. The Japa nese delegates have told the confer- ^ ence they consider 54,000 tons of J ' rem submarines necessary to their na- ^ ( tional security in place of the 31, 000 allotted them in the compro- th(J mise arrangements. In some quar- erg ters, however, it is hoped that fur ther advices from Tokyo may soft- ^ en somewhat their position. p0l^ Should the American plan fail to ^ bring the powers together, it is sug- jyjr> gested by some of those connected en<;? with the conference that considera- >n . tion may be given to a proposal for a general building holiday in sub- ^ marines, under an agreement that mfin ?ii R-.r/x n-e +Vio nnwm would leave I _ their submersible strength buted as at present in the various sea areas. 'Under this suggestion which has so far received no for mal indorsement from any of the Britain, Japan, Italy and France all would undertake to maintain ex actly the tonnage of submarines they now have stationed in the re spective regions of the Atlantic, the Pacific, the Mediterranean and the Adriatic. The proposal to write into the naval limitation treaty an agree Mr. ence latte M Flor P. I stre< men ence year mor< mas m im NFJLICT AS TO CAUSE PRO IOTING TRIP?STATEMENTS IADE BY PAROLED PRISONER ND ATTORNEY GENERAL NOT * *4 AGREEMENT. Vashington, Dec. 27.?-Eugene Debs, the Socialist leader, whose a ' \ year prison sentence for riola ; of the espionage art was corn ed on Christmas day, came here ly direct from the Atlanta fed 1 penitentiary and called upon siuent naming ami Atwrney v - > eral Daugherty. [r Daugherty said that Debs e of his own "volition," while <s declared his visit to Washing- - M was at the "reqnest" of the mey general and that 'fie was n a railroad ticket to the capi by the warden of the peniten y without choice of destination > ^ ough he had planned tp go im Liately to his hone at. Texre ite, Ind. 7 ' ; . .fter his conference with Debs, attorney general declared in ^ :>? ement that there were no un il conditions attached to the ? -'J mutation of the SodaHrt lead- . . sentence, that no advice was red to Debs, nor was any re- '.--Pi sted, and that he hoped Detos Id direct his talents to a use purpose. < ;; fo statement was made at the ite Bouse after the conference e but upon reaching his hotel --JB s broke the silenee le had : ntained from the moment of ting the penitentiary and de- 1 ; ed he would devote his time to freedom of all prisoners. He 'A ed that he had discussed his lions with President Harding in ;r that there might be no mis erstanding as to his principles ideals. ebs reached Washington at 9 ock this morning. He left At & in a day coach, giving the ex fare to Kussian relief, Dut at 10 o'clock last night, accord to friends who accompanied , lie change^ to a sleeper. With on his journey were hie broth- J;j Theodore, Miss Clelia Roter of ; ? Debs freedom conference, Hiss y Robins of the American Fed ;ion of Labor and a number of spaper men. [e went immediately to a hotel breakfast and then called upon _ attorney general, walking to department "of justice with his nds and a group of newspaper i, unnoticed as he passed along streets. From the department he kd over to the White House and i back to his hotel. [e first planned to leave Wash on as soon as his calls had been I but tSnight it was decided to f ain over until tomorrow night :onfer with friends. une 01 ms visitors, after his return from White House was Samuel Gamp president of the American Fed ion of Labor, who .declared that work for freedom "in behalf of ;ical prisoners" would go on. ntil he had seen the president Debs maintained a complete sil >, regarding his visit to Wash on and his future plans al igh 1^ chatted freely on other :s and evidenced keen enjoy t of his freedom. His only com t upon the statement issued oy Dougherty after their confer was that he came here at the r's invitation. * r. and Mr. Mart Cheatham of ence are visiting Mr. and Mrs. J. Cheatham on North Main ;t. t for reassembling the confer i of the powers, probably seven s hence, has begun to take 3 definite form over the Christ recess. . ' mta ... . w*yt?R