The Abbeville press and banner. (Abbeville, S.C.) 1869-1924, October 06, 1922, Image 1
II f
Abbeville Press and Banner j
Established 1844. $2.00 Year. Tri-Weekly Friday, oSer 6, 1922 = Single Conies. Five CVnfa 1
: ""
enforce payment
i would be ruinous
ENGLISH BANKER TELLS AM
ERICAN ASSOCIATION?ENG
LAND ONLY FOREIGN ABLE
I TO PAY AND WILL DO SO SAYS ,
McKENNA.
I .New York, Ort. 5.?Definite postponement
of any payment of the !
defots owed the United States by Eu
ropean nations, with the exception ]
>f En-griand, until the actual amount <
.vhich such nations could ultimately 1
)ay, has been determined by confer- ]
?ncee between the creditor and the i
* J 1-- iU. Tj;?Vt 11
debtor's, was suggested oy uie .
Hqnorable Reginald McKenna, for- :
mer chancellor of the British ex- 1
chequer, in an address before the
American Banker's association con- ,
mention here today. '
Air. McKenna also gave as his
opinion that Germany might be able
to pay as reparations In the immed- <
iafce future about on billion dollars
derived from her foreign balances
and the sale o foreign securities. *
Such a payment he asserted, would <
only be possible if all other demands j
are postponed for a period, long 1
enough to stabilize the mark. Future
demands at the expiration of that 1
period, he said must be limited to i
the annual amount of Germany's exportable
surplus at that time. <
The speaker, who is chairman of 1
the London Joint City and Midland '
Ltd., said to be the largest bank in '
Great Britian, gave his views on the
economic aspects of reparations and 1
international debts, how they are '
payable the general capacity of a }
debtor country to pay and the effect <
of payment.
c*If I have become convinced," he '
said, "that any attempt to enforce 1
payment beyond the debtors ability '
is injurious to the international
I [trade of the whole world, lowec wagles,
reduces profits and is an indirect *
[cause of unemployment the con- !
elusion is founded solely on economic
grounds and is uninfluenced by 1
any political consideration and re- 1
gard to the moral obligations of the
(debtors."
He argued that England has the
capacity to pay her de?bt to the Unit- j
en States and he continued, "I can
unhesixaingly assert her determine
tion to hon^r her bond in full."
The remaining international debts '
he stated, should be considered as
on?B in which the -United States and
Jbjngi&nu src cunvci
in which both have the same interest
as creditors.
The Versailles experts who figured
that Germany could pay 120,000,
000 dollars in reparations over estimated
her capacity, he asserted.
France's external debt, he said, is
for too great in relation to interna^
tional trade possibilities and viewed
from the standpoint of the 1914,
the more endeavor of France to ex*
tend her foreign sales to the required
degree would disorganize the
trade of the world.
"The inevitable conclusion is," he
said "that these international debts
are far to great for the capacity of
*nv of the debtor countries except
England, She alone in he<r accumulated
foreign investments has adequate
resources with which to dischai^re
her liability to the United
States.
To Practice In Federal Court.
I The oath of admission was administered
in the U. S. Court at
Greenville this week to James S.
Cothran, attorney, to practice in the
federal court. Lawyer Cothran is
'better known in Abbeville as "Jimmie."
COLUMBIA VISITORS EXPECTED
Mr. and Mrs. T. E. Hair, and Mr.
and Mrs. H. J. Roper of Columbia
are expected in the city tomorrow to
spend several days with Mr. and Mrs
C. D. Brown.
COMMITTEES GIVE
REPORTS OF SYNOD
Review of Year's Work by Presbyterians?McPheeters
Resolution
Brings Debate
'Chester, Oct. 5?The annual synod
of Presbyterian church of South Carolina,
which has been in session at
Chester since Tuesday, came to a
close at a very late hour tonight.
From every angle it was pronounced
the most notable and constructive
synod ever held in South Carolina,
rn point of attendance all former
records were eclipsed. Delegates will
leave for home tomorrow morning. A
committee was appointed to select
the next meeting place. By working
bard each day and iar into tne nignx;,
a large amount of work was accomplished
by this synod, work that will
mean much towards advancing Presbyterianism
in tho state.
Tonight's session opened with a
conference on Christian education.
The Rev. Alexander Martin, D. D., of
Rock Hill presided.
The Rev. L. Ross Lynn, president
of Thornwell orphanage at Clinton,
told of training of the 355 inmates.
Dr. Davison M. Douglas, president
sf the Presbyterian College of South
Carolina, told of the work of that
institution and said the matriculation
there thi3 fall was 187.
Tv- T O flmaawt onnVa in VipTifll'f of
i/Ii U XJ? UJ.CVU oywv ? ? ?
the Columbia Theological seminary,
in which he is professor of theology.
Dr. S. C. Byrd, president of Chi:ora
College for Women, spoke in
the interest of Christian education
and specifically of the work of the
:oHege.
The Rev. G. G. Mayes of Winnsjoro
was reelected editor of the
JnnUinotinn Pr?shvt.priflll
>jr UUU d puunvuwviij ?
Progress, and the Rev. J. M. Hollalay
of Marion, business manager.
The synod expressed much sorrow
aver losing the Rev. W. E. Davis,
Rrho has been preaching at Clemson
College and. who goes to Staunton,
Va.
The Rev. Melton Clark, D. D., of
Columbia made the report on( the
$1,000,000 campaign fund.
In the report on local home missions
it was shown that, despite the
depressed financial conditions prevailing
in the state during the past
jrear, the local home missions committee
was able to report a larger
work done than ever before.
Probably the most interesting
question discussed at the synod was
that launched by the Rev. iW. M.
McPheeters, D. D., of Columbia
Theological seminary in the following
resolution:
"That synod take this opportunity
to caution those charged with
the training of its girls and young
women and those having the oversight
of our young people's work,
that they zealously guard against
training our young women for ac
livities in His church to which God
in His word has not called them."
After an enthusiastic debate, in
which one speaker stated that he
thought women should have the same
privileges in church activities as she
has in politics, Dr. McPheeters' resolution
won by a decisive majority.
TAKEN TO STATE HOSPITAL
J. Eddie Keller, a prosperous farmer
of the Long Cane section, was
taken to the State Hospital in Columbia
this morning for treatment
Mr. Keller has many friends anc
relatives in this county who hop*
he will soon be himself again.
t ?
State Teachers Meet March 8, 9, 10
Columbia, Oct. 5.?The 1923 con
vention of the State Teachers asso
ciation will be held in Columbia
March 8, 9 and 10. it was announced
here today, following receipt of z
message "to that effect from H. C
Will
A_SW4A.V>Op AVW V.V XXII&9 OVVi VWM* J
GIANTS WIN TODAY.
The Giants won this afternoon
over the Yankees in the
third game of the world series
by the score of 3 to 0.
' 'J: "i ' i?yvf 'tiigSita'itfi'TtiT r
MANY RAILWAYS
SETTLE STRIKE
j \
EIGHTY-THREE SAID TO HAVE
SIGNED ?CIRCULAR GIVES
" THREE REASONS ACCUATING
EXECUTIVES IN ACCEPTING
"AGREEMENT BASIS.
Chicago, Oct. 5.?Eighty-three
railroads of the United States, operating
approximately 65,000 miles
and employing between 125,000
members of the federated shop
crafts, have settled the shop crafts'
strike with their system federations,
according to a special bulletin sent
today to all me.mbers~of the organiza
tion over the signature of fi. M.
Jewell, president, The latest addition
to the settling roads being the
Fort Smith & Western, the Georgia,
TIMsn-m? #] n J?9 A M n aM/] 4-Va l/?0 fYA
x'lunua a Aiauaiua ctnu unc vmvagv
Great Western.
Replying to numerous requests
for an interpretation of the Baltimore
plan, upon which the strike
leaders claim the settlements %have
been made, fthe circular states three j
reasons actuated the executives in I
accepting the agreement (basis. It
gives first, a split in the Association
of Railway Executives one group
agreeable to a settlement and the
'other bent on destroying these organizations,"
second, willingness of
the liberal group to negotiate na
tional agreements and lay down a
basis for settlements on other roads;
third, that no justification could be
found for keeping 125,000 men on
strike who could return to work and
assist in financing .those who remained
idle.
Justification for the action of the
policy committee the circular declared,
is seen in the fact that 31
others carriers, in addition to the
original 52, have agreed to the Bali
_i
jtimore pian.
A second special circular to the
I membership contained in detail an in
terpretation of Federal Judge Wilkerson's
decision on the injunction
bill filed against the organization
by Attorney General Daugherty. It
| wks supplied by Donald R. Richberg,
attorney for the shop crafts.
"We can not interpret the itemperary
injunction, drastic as its terms
' are," said Mr. Richberg's opinion in
part, "as in any way restraining or
preventing the officers and other rep
resentatives of the shop crafts' or
^anizations from doing all in their
.power to maintain orderly discipline
and conduct of the lawful work
of the organizations, to continue to
' call for and expect to receive the
loyal support of each and every mem
> ber, to continue to work in harmony
; and with a common lawful purpose
' to advance the common interests of
L the organized shop crafts employees.
INSTALLATION SERVICES
Will Be Held in Presbyterian Church
Sunday Night.
Services will be held in the Presbyterian
Church Sunday night to install
the Rev. John A. McMurray as
pastor. The commission appointed at
Chester this week consisted of Rev.
' G. M. Telford, of Abbeville; Rev. W.
D. Ratchford of Cross Hill, and Mr.
S. C. Hodges of Greenwood. Mr.
| Ratchford will preach the installation
sermon. Mr. Hodges will charge
' ,the people and Mr. Telford will
charge the pastor.
Arrangements are being'made for
" I snlfmHifl epruipo anrl o larcti f?r>n
- gregation will take part in the exer
cises.
I FARMERS BANK LOW BIDDER
i
Upon request of the County Board
of Education, County Treasurer R.
B. Cheatham and County Supervisor
L. W. Keller borrowed $40,000 Wednesday
for paying school claims and
expenses of the current session*. The
Farmers Bank of Abbeville County
was lowest bidder at 03.15, the
County Savings Bank coming second
' with a bid of 03.20.
I
MINE WORKERS
RENEW DEMANDS
POLICY COMMITTEE MEETS IN
SESSION AT CLEVELAND?DECISION
TO STAND ON OLD POSITION
MAKES MINERS CONVENTION
UNNECESSARY
Cleveland, Ohio, Oct. 5.?The policy
-committee of the United Mine
Workers of America in session here
today reaffirmed the demands of the
February, 1922, convention of the
union in Indianapolis, demanding the
continuance of the present wages in
coai mines until iyzo ana in aaaiuon,
the six hour day and five day week,
time and one-half for overtime work
and double time on Sundays and holidays.
These demands will be presented
to the next scale conference of
miners and operators prior to the
expiration March 31, next, of the
Cleveland agreement signed here last
August, which practically settled the
soft coal strike and which is now in
force.
Today's decision by the policy
AAmvni44na c?fQr?A A?
W4*i4i*4 VWtW VV Vli viiva* VIM V. V
mands makes it unnecessary for the
miners unic < to hold a convention
between now and next April, John L.
Lewis, president of the United
Mine Workers, announced. The old
schedule of demajids never was presented
to the operators because the
producers' associations in the old
jcentral competitive field, Ohio, Indiana,
Illinois and western Pennsylvania,
refused to beet the union before
the miners' strike began April
1, last. Day laborers' wages in bituminous
mines is $7.50 and this has
been the scale since the summer of
1920.
The policy committee's meeting
followed the final session of a joint
conference of operators' and miners'
meeting here since Monday to take
preliminary steps toward wage negotiations
next January.
The joint conference, representing
all important union bituminous coal
producing districts in the nation,
agreed late today upon a method of
.selecting delegates to a conference
to meet in Chicago November 14, to
formulate a method of procedure to
be followed the bituminous coal industry
in negotiating a wage scale
agreement to become effective April
1, 1923.
The setting up of this committee
was provided under the terms of the
Cleveland agreement and leaders of
both sides declared it to be a highly
important accomplishment. Phil H,
Penna, secretary of the Indiana Coal
Operators' association, and chairmar
of the joint conference, declared it
makes possible a reconstruction of
the bargaining machinery, which had
been broken up before the recent
coal strike.
PAYMENT OF TAXES
Time Extended From October 15 tc
November 15.
Columbia, Oct. 5?Walter E. Duncan,
the comptroller general, with
the approval of the governor, yesterday
extended the time for the opening
of the tax books for the collection
of state, county and school taxes
for 1922 from October 15 to November
15.
The extension vras granted because
of delays in getting out assessments
of corporations by the tax commis
sion and because of the recent extension
of the time for paying 1921
state, county and school taxes along
with other reasons, Mr. Duncan said
The tax commission has been busy
with the new revenue laws and shorl
delays were occasioned from this
heavy work, it was announced. The
auditors were able to get their books
ready by the 15th of this month
and as a consequence the comptrollei
general thought an extension wise.
Mr. Duncan's order granting the
extension is as follows:
i "Under the- provisions of Section
1767, Volume 1, code of laws of
South Carolina, I, Walter E. Duncan
- comptroller general, with the ap
REQUESTS FOR LOANS 11
SHOWING DECREASE |\
Treasurer of Federal Land Bank
Says Indications Are Conditions
Are Better.
Columbia, Oct. 5.?While many p
farmers in North Carolina, South
Carolina, Georgia and Florida may
be hard up for cash, the applications
for loans at the Federal Land bank
in this city do not show it. Indeed,
according to Harry Root, treasurer
of the bank, applications for loans
during September, 1922, were not so ft
numerous as during September, 1921 f5
nor were near so many loans closed ^
during last September as were clos- j
ed in the same month in 1921. In
1921, the number of loans closed
during September was 733 for $2,032,600;
in September, 1922, the
number of loans closed was 651 for f(
$1,241,900. b
"I believe the lighter demand for jj
loans from farmers is caused by the j,
better conditions that prevail," said t]
Mr. Root yesterday when asked how
he accounted for the smaller num- i
ber of loans closed this year than a
last. "The loans applied for have t]
fallen off during the year, which to n
my mind indicate better conditions."
During the past September loans
applied for totaled 2,452 for $6,- 0
1 QC KKn
/ ^UfVVV* 4J
' 'At the present time the bank is p
working out a plan by which the ap- ^
praisers of the institution will reach j
the secretaries of the various loan
associations over the country every j
60 days. There are about 20 appraisers
in the field. If the 60 days' basis ^
can be worked out, secretaries of associations,
when asked by prospective
borrowers when the appraisers ^
will be around, can give definite in- .
formation to inquirers. The bank in
Columbia serves loan associations in
the five states of the district.
r
AUTOS REGISTERED J
D
Motor Licence Fe-?? Collected by
the State
Columbia Oct. 5.?Motor license ^
fees collected by the State through q
September 30 amounted to $725,- ^
699,62, according to a statement to- j.
J XTi^?ViTtrVj nr r.ATMTnifi.
Uiiy 'Uy one guauc 1x15a ?T?J
sion. Of this sum $580,559,70 will j,
be expected in the countries when:?
paid, under the .80 per cent clause of p
, Highway act. < '
In September 899 new automobiles
were registered, it was -as stated,
Richland County, With 103, led 5
in the September licenses, while the j
other leading counties were Spar- ^
~ ^ ft a -
tan burg y4, urreenviiie it, uikujto- ^
ton, 67, Anderson 56 and Florence (
1 12.. ' v
1 Greenville leads all counties in i
' j the amount to be received under the t
80 per cent clause with $53,890,29. r
; a
FINE SHOWER FALLS.
Well, its "over at last. The back
bone of the drouth was broken this '
morning by a good rain which began
' gently and continued getting stron- '
'ger until by noon pedestrians were
jumping over the floods at the vari1
ous corners of the street. Everybody *
w*as out enjoying the shower, and ^
pretty soon there will be the ^
mud to complain about. ,
i 't
BUILDING NEW HOME.
S. F. Hammond was in town yesterday.
He is hauling lumber from j
Abbeville to finish his house at
Bethel. He is building a neat new*
bungalow to replace the house des'
troyed by fire several months ago,
'r and expects to have ?t finished soon.
t
MAYOR'S COURT
> c
Three cases came up before the
Mayor this morning. One Was -dismissed,
one fined $10 and one $5.00
t
! proval of the governor, do hereby e
postpone the time for opening the
i >ooks for the collection of state,
' ?ounty and school tiixes from the
i 15th day of October to the 15th day
of November, 1922."
...... .... . ^
URN ONTARIO
FIRES STILL RAGING
EARS THAT OVER 30 LIVES
ARE LOST IN FIRE?5,000 ARE
MADE HOMELESS?PROPERTY
LOSS Wi!LL RUN INTO THE
MILLIONS.
North Bay, Ont., Oct. 6.?Forest
re refugees arriving here today
:om Haileybury reported that beveen
50 and 100 persons had been <; ,
rowned when they were crowded
com a dock where they were trying M
> board a rescue ship. V.. ,'
North Bay, Ontario, Oct. 5.?The
ear that upwards of 30 lives have
een lost in the fire which is sweepig
northern Ontario was expressed
i the latest reports available from
be affected area today.
Soon after midnight George W.
>ee, chairman of the Temiskaming
rid Northern Ontario railway issued
bis statement concerning the fire
ow raging in the north country:
"Over five thousand people hav?
een rendered homeless. The loss *
f life is considerable and is mountig.
The towns of Haileybxrry 3,500
eople; North Cobalt 1,000; CharlDn
600 and Heaslip 250, are totally
estroyed. ' . ' '
"The situation at Cobalt is clear. ?
Tiere is. a small fire burning one
lOe away with i a mild southwest < . ''
ind blowing.
V ' ' -
"Three trams with Z4 cars conlining
1,400 refugees have left Coalt
for, North Bay. Other trains are
eing prepared as rapidly as possi- V'
ie. .
"The property loss will obviously
an into millions of dollars. The
re
still is . burning briskly, fanned
y a subsiding wind.
"There is no prospect of rain and
f?? fire will have to burn itself out.
"The T. and N. 0. tracks fronting
he stations at Haileyburg, North
lobalt and Heaslip were destroyed,
he ties burned and the rails warped,
t is impossible to maintain traffic.
"This is the hardest blow /the
rorth country has ever received."
LAN SPECIAL TRAINS .
TO ERSKINE-P. C. GAME >
!
Greenwood, Oct. 6.?Officials of
Irskine College and the Presbyter
-11 ?V. ? <M.A? ItAMA TTOfl+Ar/llQ T7
an v/uuege wuv iucv uwc
o arrange details for the ErskineC.
football game in Greenwood,
)ctober 19, stated that plans are '
y
inder way to bring the student bodes
of the two institutions to witness
he contest. Arrangements may be
nlade for special trains from Clinton ,
tnd Due West.
__________ . 1
Rain Made No Difference.
Abbeville High School is engaged
his afternoon in taking the measure
nent of the Ninety Six High school
foot Ball Team. The weather made
m Hiffprenoe to the enthusiastic
(layers, in fact they seemed to
ike the idea of playing on a muddy
ield. The Ninety Six Team reached
own this morning and appeared to
>e real husiky fellows.
ENGINE CONDEMNED.
Tha engine on the Southern f.
branch between Abbeville and Hod:es
was condemned at 11.20 Wedneslay
morning by a government inpector
and no trains were operated
...x A iVtU/vinlln +Wo+ offarnAA-n All
MIL UJL njuucvinc utit?v ?j.vvamvwm. -
mgine was sent up from Columbia
hat night to take the place of the
tne condemned.
THE COTTON MARKET
Cotton brought 21 3-4 cents on
he local market today. Futures closd:
Pet. 21.28
Dec. " 21.64
Jan ' 21.42
March ? - 21.59
May ? 21.55