Historical Newspapers of South Carolina

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.COTTON Ktttyi VIS OF Kl XA WE. RtclittUi-in Explutns Subject-Europe Pays Rig 1'iicc for Cotton, Thc following letter from Hon. J. L, McLaurln, of Uehnettaville, ad el reMsed to Hon. Mack King, of Ander son., under (lute of September M, contains lute Information in connu - Hon wi Hi the llmmcing of cotton that is worth while: "Yours quoting from a speech I made in Anderson ?n 1910, as ted io ws, is to hand : " 'Colton wolli down first, lt will he thu last to rise, and will romain tip longer than any other commod ity. ' "Yon ask my opinion now. ll is the same as then expressed, lu 1916 'price fixing' was unknown, as well UH the threats of (he war industries hoard. In the long run. government authority cannot permanently over turn natural economic law. Ultimate ly the price of cotton will he llxed hy the volume of money In circula tion and (he supply and domand for cotton. As to whether or not the far mer will get the benefit that is sure lo come from the unrestricted opera tion of these laws depends upon his intelligence und the means at his disposal to carry his cotton during the period of readjustment through which wo aro passing. I hopo that the cotton association, nuder the able leadership of Mr. Wnnnamaker, will help us. lt is a complicated sit uation with which we are confronted. Cotton is King. "The South has a natural monop oly of the production of cotton. Sonic day wu will comprehend and utilize it, and when we do, our suction will he a dominating figure in world finance. "Up to lal I our cotton crop was the main factor in the nation's bal ance of foreign trade, bul it never did the South much good except in directly. When war was declared tho throne was usurped by war ma terial and food. The present situa tion is a real struggle by King Col ton lo regain bis lost throne. The price of cotton ls largely a matter of utilizing credits. Up to tho State warehouse development cotton was a good basis of credit on everybody's hands except the man who grew it. Now it is a better credit in the hands of the farmer than any one else. This is a splendid basia from which to work, lt is not generally known, but in Section 1 :i of the Federal Re serve Aol the l'armer wm list *?uii rent ?otes and 'inp n't o rig ag os as wei? ii ii ?dual c >tt??i Wu ii rik tho proper u?nchltiory ld uno ?beso aecu i pa * xpciiao i?i i hu ?.will ing crop. If wo did this it would lighten the load on the actual cotton in the siiiing. Direct Sales. "I am more (irmly convinced than ever in my life that the devel opment of a State warehouse system in every colton State is the only effec tive solution of the problem, lt was a great step to go as far as we did in enabling the farmer lo hold his cot ton, borrow money and pay his debts, hut after all cotton ls made to sell and not to store. The middlemen are getting too much of the profits. In this country they make as high as $f>0 per bale profit on the long sta ple. lt doesn't matter where the price goes under the present system, the middlemen get more profit from handling the cotton than tho farmer does for growing it. 1 hoped to add the direct sales to the State ware house, but I could not move one step without State insurance on the stored cotton, and a bank In connec tion with the system. Those inter ested in making money out of exist ing conditions had sufficient political power to prevent me from getting tho legislation that I needed. I re fused to remain commissioner mere ly to store cotton and finance it. What Might Have Hoon. "Let us suppose that I could have secured this legislation, what could be done to-day? "Tho world is clamoring for raw cotton. There are plenty of ships to carry lt abroad, the only difficulty being that Ku rope is unable lo pay and lacks tho credit. There is no UGH! CALOMEL MARKS YOI" DE ATI I Ti Y SICK Stop Using Dangerous Drug I lof oro It Salivates You' It's Horrible! You're bilious, sluggish, consti pated, and believe you need vilo, dangerous calomel to start your liver and clean your bowels. Here's my guarantee! Ask your druggist for a bottle of Dodson 's Liver Tone and take a spoonful to night. If it doesn't start your liver and straighten you right up better than calomel and without griping or making you sick ] want you to go back to the store and get your money. Take calomel to-day and to-mor row you will feel weak and sick and nauseated. Don't lose a day's work. Take a spoof" il of harmless, vege table Dodson s Liver Tone to-night and wake up feeling great. It's perfectly harmless, so give it to your children tiny time, lt can't salivate, so lot them eat anything afterwards. -adv. machinery through which this credit cnn ne extended. ' The rate of foreign exchange is 1 prohibitive; gold for exchange has practically ceased to move from this [country for commercial purposes. We are being throttled by tho available ,gold of tho world being dumped upon ! us for war m,aterials. Tho pound sterling ls normally $1.865, lt is now . ronn i .$ 1.20. This means that jil* ai: lOllglish m il purchases $ 100, 000 worth cit- cotton, the di.???omit would be about $l->,000. If il was a I German merchant! this discount woui.l be 7.*> per cont, because the .nark now sells In New York for live v a's. This foreign exchange rate ls based upon tho principle of the can re'!.! lion of indebtedness. Trade bal an' s an (I exports are not paid in gold, but the money of the "creditor country is adjusted to the currency of the debtor country. The only rem edy for present conditions is for Eu ropean countries to increase their exports to us. "How can they do this unless they can get raw material willi which to manufacture their goods? "How can they gel raw material unless we extend credit? Europe ls bankrupt unless we extend aid. If we make eleven million bales of cot ton and carry over four million, we will have a surplus of six million bales at the lowest calculation. No matter what the price of cotton was, Europe could not buy except on credit. Foreign Exchange. "Tho foreign exchange rate is a mere barometer. If you want proof of this, In ? : * ir? Hie London rate went to $4.45, and Europe could not buy war munitions and food until our government deposited a largo amount of gold willi Canadian banks and our rich men bought American securities held abroad. Even this did not su 111 ce, and largo loans were made by this country to the Allies. lt is a Significant fact that the amount of the loans to England and France were practically the same as tho exports sold them, so that you can see that Kurope can only ba* when she sells to us or borrows from us. "Now, if South Carolina had such a State warehouse system as I hoped lo be able to have in readiness when the war ended, we ?muid extend cre dits to European nations and sell them the entire South Carolina crop, getting pay ns the cotton was turned into goods. If you were to cut the ?in Ma i. >.'otton would bring couti' j pet pou ti r o d ty : 'te <>r?l> way ibm . tvt> M ..>.. ?I i ver --ell it is (.m creo ! i ?o ?vh> mn ?et tue honellt of the transaction for South Carolina in stead of allowing it to be pocketed by New York financera. No one need tell me that the exchange rates quoted in London and New York are holding good against the in siders.' Mr. Harding understands this, and for that reason proposed the ono hundred million dollar ex port corporation which Mr. Wanna milker ls trying to organize under the Weld) act. It would be unneces sary to tie up this tremendous amount of money if the State of South Carolina could act. If cotton was a North Dakota crpp Hie indus trial commission would extend a Eu ropean credit through the Dank of North Dakota, and the crop of this State could be placed immediately at from 10 to 50 cents per pound. There is too much lost motion In a voluntary organization with millions of members, and a European gov ernment only knows how to deal with another government. They could understand the State of South Carolina, but they wouldn't know what to do with a cotton associa tion. Remember that cotton ls an export crop, and that the portion exported fixes the price of that which enters into domestic consumption. If the State Warehouse Commissioner would negotiate direct with the Ger man government for the sale of one hundred thousand bales of American cotton, lt would have a tremendous effect on the price of cotton in thc I'nited States, in all export crop? the price of the exported portion de termines the price of that which en ters into domestic consumption. Thc quickest way to raise the price ol cotton ls for some ono connected with the State warehouse system tc go to Europe ami negotiate with some government there for the sale of South Carolina cotton, securing us from loss by proper guarantees, lhere is nothing to do except tc walt until credits are extended tc Europe and South Carolina can ex lend these credits herself, and itt less expense than through Wall street. I strongly suspect that thc present stagnations and the general slump in prices tire manipulated from Washington so as to force thc ratification of the peace treaty. High Cost of Living. "There is something sinister in the talk about lowering prices and raising wages nt the same time, lt ls all right lo say that 'living must be cheapened,' lint at whoso expense? ls the roliof to consumers to be en tirely at the expense of th.? produc eis." Tho larmer feeds j ho hungry, und clothes tho naked, und yoi, in tho piiBt ten years, home-o ? nu (I furn.s hnvo increased only on? i > cent and tenant farms I won ty per cent, and while the population in rural districts increased twen' j per cent, tito town population hi creuset! a hundred per cent Voir can't 1*0.11 i house in this t'ofru he ro uso of the exodus from tho try. The w:?y to checa thh- ovil - i increase thc prollts on the fane nd nu ke the living In .(ho ellie)) M cult. You rannet expect or co pel the farmer.- to continuo to fee I and clothe at less cost the ev i-im . lui? town populations. Cot ron Seed "The most complete mid nu Jus! monopoly in this country is lt) coll ul seed and fertilizers. It is h ird li i uer cotton because of Its wort I > uso and the vast size of the hut Armour and Swift, who ar> bot ter known as meat packers, villi their associates, have absolute on? trol of tile oil mills ant' teri , . r plants in this country. "? hey oftoh hire men, not for their real vj lue, but to prevent competition ie the purchase of seed or tho sale bf ir tllizers. The recent so-called cotton seed conference in Columbia a sample of the boldness with v. neil they are seeking to destroy Competi tion in the seed market, if the far mers do not organize Intelligently they will be steadily pushed lo Ibo wall. This trust intends to nan.- Ibo price the farmer ls to got fe:- his a od and thou sell him his meal ?.-nd f> ' ii! Izers at Hie price which the truni will also name. Yours univ "John L, Mci.?mri: LIFT OFF CORNS! Apply few drops then lift sf touchy corns off v/itli fingers Don't suffer! A tiny bot'.lo of Kreezone costs bul a few cents at : ny dru,; store. Apply a few drops on thu corns, calluses and "hard p:;i:<" on bottom of feet, then lift them off. When Frecsone removes corns from the toes or callases from the bottom of fe: t, tho skin beneath is left pink and healthy and never sore, tender or Irritated.-adv. Rainfall and Temperature. Below is a record of meteorological observations taken by H. W. Brandt, co-operative observer of tho Weather Bureau of the U. S. Department o? Agriculture, during the week ending September 14, 1919, at 7 p. m. (The instrumental readings are from gov ernment standard instruments ex posed in the manaor recommended by tho chief of the Weather Bureau) : Character of Day. Date Tempera ture. A tc x Sept. Sept. Sept. Sept. Sept. Sept. Sept. 8- Clear 9- Clear I 0-Clear . . . II - Ptly cldy. 12- Clear . . . 13- Clear . . . 14- Clear . . . . 07' 93 94 9.V 95 00! 80 8C! 60 63 63 67 63 52 51 Total rainfall. 07 No Worms In a Healthy Child All children troubled with worms have sn un healthy color, which indicates poor Mood, and a? a rule, there is more or less stomach disturbance. GROVE'S TASTELESS chill TONIC given regularly for two or three weeks will enrich thc blood, Im prove thc digestion, and net as a General Strength ening Tonic to the whole system. Nature will then throw off or dispel the worms, and the Child will ba in perfect health. Pleasant to take. 60c per bottle. I'rom Boon's Creek. Moon's Creek. Sept. 17,-Special: Mr. and Mrs. Will Johnson and lit tle daughter Pearl made a pleasure trip to the mountains last week, visiting Mr. Johnson's father. Hov. Mr. Holcombe, wife and chil dren spent a while with Mr. and Mrs. John Patterson recently. Mr. and Mrs. Lawrence Johnson and Miss Olivia Fowler visited rela tives at Liberty recently. A. J. Ilealon motored to Bickens last week. We are glad lo learn that B H. Abercrombie has purchased the Lee Crow farm and vf ill make that bis linnie ?ti (he future. The Quinine That Door. Not Affect the Held Iteennse o? Its tonic and laxative effect, LAXA TIVE BROMO QUININIt is better than ordinary Quinine and docs not cause nervousnes nor ringhiK in head. Remember the lull name ?nd Suok lu. tho ?(?nature ol V" W. GKOVli. 30c. FA FOR 265 Acres highway ; [church. of fine Forest Land; 175 acres Pine Timber, estimated million feet ; five miles from McCormick ; hundred yards from bonded 90 acres cut-over lands ; branch, spring, old house ; mile from fine school and A Bargain at $47.OO Per Acre. -^7A. A m*0*2 Dark Ked smooth Land; lies well; red subsoil; 250 acres in O / T: iiCrCS cultivation, balance in timber and pasture. Land will aver age this year 1,000 to 1,200 pounds seed cotton to acre, and corn fine. Entire farm in one field. Eight-room dwelling ; large new barn ; cignt good tenant houses ; four wells ; running water. Four and half miles from McOormick. Price, $75.00 Per Acre. 58 ACKFS OF FlNK LAND, Ked Subsoil; 50 acres in tho very highest state of cultivation; (t-room dwell lng, painted; good barns, etc.; one tenant house; one mile from Fluni Krauch, S. C.; publie road; line high school, good churches;, lino neighbors. Price, .$8,000.00 TO A CK KS FINE DARK CHOCOLATE SOI Ti, Smooth; 35 acres cultivated, balance fino timber; live-room ceiled cottago; barn, well, pasture; public road; seven miles from McCormick. Price, $45.00 Per Acre. 1 15 ACKFS UKI) SAND-CLAY LOAM LANI); 120 acres cultivated; balance in woods and Kermuda pasture; now 7-rooin painted out and in dwelling; ?-room und 4-roont tenant houses; 2 wells, ii barns; .IO largo pecan trees; lino neighborhood; two and a half miles from Kradley, S. C.; rural mail delivery at door; flue highway; subsoil rod clay; part of land in line state of cultivation; part in poor state; improvements worth over $?,O00.O0. Price, $85.00 Per Acre. 'i'H KHK A KIO IIARGA1NS AND WILL GO AT ONCE. DIXIE LAND CO., McCormick,S.C. This is a photo of the Dwelling on the 265-Acre Farm, two miles from NrVcstriiinstei*, ort thc Oak way Road. This place has Six Tenant Houses pii the Farm. Any one wanting a bargain will dr welt to look over this tine piece ot property. J. H. BARNETT, Westminster, S. C. To (?et Religious Survey. Richmond, Va., Sept. 17.- Dr. C. IL Lo- corporation secretary for tho foreign mission hoard of the Southern Baptist Convention, left to-night for New York, from which port he will sail Saturday on the Adriatic with Dr. C. D. Cody, of Greenville, S. S., and Dr. Everett Gill, a missionary to Italy, home on a furlough, for four months' survey of religious needs in Europe. drove's Tasteless chill Tonic .estorea vitality ond energy by purify inj ?od en? Ilching the blood. You can soon feel Its Strength ening, Invigorating Effect. Price 60c Peace Conference to London? Paris, Sept. 19.-This morning's newspapers speculate on the possi bility of the peace conference being transferred to London. Premier Lloyd George, of Great Britain is said to have urged the change on the ground that his country is one of the most interested in the future status of tlie Turkish empire, the consideration of which is the princi pal work remaining before the con ference. Some journals anticipate a virtual dissolution of the conference, the work of which may he taken np by i egotiations between the different foreign oihees. Piles Cured In 6 to 14 Days Druggists refund money If PAZO OINTMENT falls to cure Itching. Blind, Bleeding or Protruding Piles. Instantly relieves Itching Piles, and you can get restful sleep after the first application. Price 60c. Illinois Posse Too Hasty. Savannah, 111., Sept. 17.-Enraged Savannah citizens forming a posse this noon for the capture of three hold-up men, shot and killed Louis Bluhm and wounded Peter Cymbal, both of Chicago. It is now believed that they fired upon the wrong men. Thomas Burns and Mike I.#ezando sky, also of Chicago, are being held pending an inquest. The Courier, $1 a year. A Volco From Sioux City, Iowa, says . PE-RU-NA Worth Hs Weight In Gold You cannot mlstak? the words of Mr. W. W. Northrup, of 908 Fourth Street, Sioux City, lows. He is enthusiastic about his present health and the merits ol PE-RU-NA and wants everyone to know it. Herc ls a re cent letter from him t "PE-RU-NA lt worth Its weight In ?old and (lien some. I med lo think lt only a wo man's remedy but have chanced my mind. I had a couch, especially in the morning. After utlnjr half a lottie of TK-RU NA wat much better. I would cough up chunks of phlegm and mucus, my eyes itched and both ered mc. Judging (rom the symptoms given In your almanac lt was catarrh. My stomach (tin much better condition since tiling your Medicine." "Ute this testimonial, If yen wish. Don't hetitatu to nd vcrlite thc merits ol PS-RU-NA." (Signed) W. W. NORTHRUP. There arc thousands just like Mr. Northrup, skeptical al first but convinced by a trial of PE-RU-NA. DON'T BE AN UNBELIEVER. If* your ti otiblo ls of a catarrhal nature, try PE-RU-NA, then tell your friends, lt is linc after an attack of grip or Spanish Plu. Bold Everywhere Tablets or Liquid rOR CATARRH ANO O AT ARR HAL CONDITIONS Korti Carolina Farms for Sale. IREDELTi COUNTY. 21 ?-ACHE FA HM, t> miles from Statesville; about SU aerea in culti vation, remainder in pasture and woodland; 120,000 feet of saw Um ber, mostly pine; fine orchard of apples, peaches and pears; well wa tered by spring, well and branches; one 8-room, 2-story house; two Jen net houses, a good barn and other outbuildings. The land is flue and is a Imo grain and clover soil. 100-AC HF FA HM; about 50 acres in cultivation, remainder in pas ure and woodland; 57 acres of creek bottom; no building, but plenty of timber to build and pay all expenses. This tract lies well and is strong red land The creek "ia:- been d 'edg ed and dredging all paid foi". This tann is located about one mile or railroad station, school and church, .ind in plain view of National Mlgh w ty i am offering Uti i valuable farm for the very low price of $0,800.00-Easy terms. 78 H-ACHE FARM, five miles from railroad, near good high school and church; about 35 acres lu cultiva tion, remainder in woodland and pas ture; G-room, 2-story house, barn and other outbuildings. This is a splendid little farm For $3,000. 127-ACRE FARM, about 7."- acres in cultivation, remainder in wood land; 6-room, 2-story house, good barn and other outbuildings; fine orchard. This farm ls located within four miles of Statesville, on a good road and railroad. Nice level, pro ductive farm For only $8,000.00. 22?1-ACIU0 FARM, five miles from Statesville, near highway and rail road; about 7 5 acres in cultivation, 35 acres of which ls in bottom; the remainder is in woodland and pas ture; some ?saw timber; 6-room, 2 story house, barn and other out buildings. This farm is well located, near school, churches, store, etc. I am offering this for $10,000.00-Easy terms. 77 ACRE FARM, two miles of town, on good sand-clay road; about 30 acres in cultivation, the remain der in pasture and woodland; fine orchard; good 7-room house, good barn and tenant house and other outbuildings. Nice little farm for $60.00 per acre. The buildings are worth $4,000.00. W. J. MATHESON, kn. STATESVILLE, N. C. For fnrther information se? J. B. BERRY, SENECA, S. C. 34-39* NOTICE TO DEBTORS AM) CREDITORS. All persons indebted to the Estate of JOHN TOW, DECEASED, aro hereby notified to make payment to the undersigned, and all porsons ?laving claims against said estate will prosont the same, duly attested, with in tho timo prescribed by law, or bo barred. S. A. TOW, Administrator of the Estate of John Tow, Deceased. Sept. 10, 1019. 37-40 NOTICE OF FI NA Ii SETTLEMENT AND DISCHARGE. Notice is horoby given that the un dersigned will make application to V. F. Martin, Judge of Probate, for Oconeo County, In the State of South Carolina, at his office at Walhalla Court House, on WEDNESDAY, tho 16th of Octobor, 1919, or as soon . hereafter as said application can be hoard, for leavo to make final settle ment of the Estate of R. M. Wright, Deceased, and obtain final discharge as Excuctor of said Estate. F. S. 1IOLLEMAN, Executor of tho Estate of R, M. Wright, Deceased. Sept. 17, 1919. 38-41