The herald and news. (Newberry S.C.) 1903-1937, August 07, 1906, Page THREE, Image 3

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

THE SOUTHERN SSOOIATION. he Southern Cotton 9 cotton planters of ent from the follow ending SepteMber 'ops of cotton, aggre y 25,000,000 bales, marketed at an aver 0%1thern producers of nts per pound. ears ending September ,000 bales of cotton ,and marketed at an 6 1-8 cents. in price is an aggre $550,000,000, and is o work of the Southern tion. In comparison chievement the cost of ts organization 'is but and it enters upon the season with the greatest n the ultiinate realization se, namely: fair prices roduct of Southern -labor; ance of over-production of . nd the protection of the (in its God-given privilege of a ing the world with the cheap elothing ever known at prices i will repay the Southern far rs for their arduous toil and the ined intelligence employed in pro ucing it. The Southern Cotton association !has made its mistakes and has had its enemies to fight. The mistakes have not, however, been important, as shown by the result, and its enemies have for the most part admitted its power and have been forced ultimate ly to align themselves with its pur poses. The 1stof September, 1906 will find the world absolutely bare of cotton. The visible supply will be the smallest on record. The 25,000,000 bales of cotton with which the South has sup plied civilization during the past two years are all consumed. The U'.ted States Department of Agriculturm es timates that it will require 42,000,000 bales of cotton to adequately clothe the world's population, and the pro gress of civilization is rapidly advanc ,ing the world's population to a point ;at which it will require -to be ade quately clothed. Whatever the size of the coming ,:cotton crop, there is no reason why it ,should be sold at anything Jess'than .the average price obtained for the last :crop, through the efforts of the South ern Cotton association, namely: 11 3-4 cents and 12 cents a pound. Interest .,ed and self-constituted authorities have of late been endeavoring to stain pede Southern holders and producers Zof cotton into the belief that the com ing crop was likely to be 'an abnor mally large one, produced from an ac reage very much in excess of any pre viously phinted. This disposition sdems to have penetr'ated even into the Crop Estimating Board of the United States governiment, who ap parently have not as'yet emancip)ated themselves from the maladroit influ ences which resulted in the scandal 'which the efforts of the Southern Cot ton association last year disclosed. That the cotton crois for the season 'of 1906-7 is likely to be superabun ~dant, or even a large one, the South ern Cotton association does not be lieve. Its reports from its thousands of members and correspondents <throughout the entire cotton belt in dictate that the increase in acreage ov e: r last year is only 2.52 per cent., and Sthe scarcity of labor, the lateness of <development; thme excessive rains in many sections and drought in the re gion west of the Mississippi valley foreshadow anything but a full yield for the season commencing Septem ber 1st next. The published opinion of 150 mem bers of the New York, Liverpool and Southern Cotton exchanges i,q that a crop of about 11,000,000 bales will be worth during the coming season 13.37 cents per pound, and those producers who part with their product for less than this figure are needlessly curtail ing the hard-earned profits of their toil and depreciating the value of their fellow-producers' crop. It is not the purpose of the South ern Cotton association to advance cot ton to an exorbitant price, lnor one not jnstified by conditions. It is its purpose to keep its consistency in the South fully informed as to the out look and crop prospects, and to the end that it may have the best possible information upon this subject, for the purpose of more intelligently reach ing a correct solution and to be ac curately informed as to conditions at the association meeting to be held at Hot Springs, Ark., Sept. 5th, 1006, it requests every Southern cotton plan ter to whose eye this may come to fill out at once, detach the accompanying blank and enclose it in an envelope and mail to the Southern Cotton as sociation, Atlanta, Ga. C. 0. Moore, President North Caro lina Division Southern Cotton Asso ciation. E. D. Smith, President South Car olina Divisio. Southern Cotton asso ciation. M. L. Johnson, President 'Georgia Division Southern Cotton association. , W. H. Seymour, President Alabama Division Southern Cotton association. Walter Clark'e, President Mississip pi Division Southern Cotton associa tion. T. C. Long, President Tennessee Division Southern Cotton association. P. M. Potts, President Louisiana Division Southern Cotton association. B. H. Burnett, President Arkansas Division Southern Cotton association. R. T. Milner, President Texas Division Southern Cotton association. L. B. Irvin, President Oklahoma Division Southern Cotton association. Harvie Jordan, President. Richard Cheatham, Secretary. Headquarters Southern Cotton as sociation, Atlanta, Ga., Juli 16, 1906. The undersigned harvested for the season ending September 1st, 1906... ......bales of cotton from .......... acres. The undersigned expects to harvest for the season ending September 1st, 1907,...........bales of cotton from ............naeres planted. Name .................... Post Office................... State .. .. ................ Business..................., County.................... Date...................,.. CHEATHAM CENSURED Secretary of Southern Cotton Associa tion Condemned by Commit tee of Inquiry. The findinzs of the committee fol low: "The commiftee, appointed by you to investivate the motive and foun,la tion for certain charges against cer tain officers or alleged officers of the Southern Cotton association, which on yesterday for the first time were nam ed as Mr. Richard Cheatham, secre tary of said association, and Mr. A A. Fairchild, who is an employe and not an officer of the association, has discharged their duty by examining all witnesses produced by both prose cution and defendant, and all witnes ses of whom they were informed who could throw light on the matter, and beg to submit the following: First, as to motive, we desire to state that we find from the admiited evidence of witnesses for the proseen tion, that the basis promulgation u1n derlying this whole matter is due to the pending of a bill in the legrislature of this state, seeking to prevent specu lation or uamblinz in cotton futures, in fact, nearly all the witnesses for the prosecution, and1 all of them with probably one exception, either owned an interest in a wire house or bucket shop, or was an employe of the one or the other, admitted that they would never have exposed nor app)eared against Mr. Cheatham but from the fact of his having taken such a decid ed stand for such legislation. Speculation Condemned. There is no prohibition against any officer or offiers or members of the Southern Cotton association trading for themselves or others in cotton fu tures, but we, your committee, believe as our States have to establish rules of law because of public policy, it is the soundest public policy that this association condemn in the strongest language possible dealing in futures for themselves or others on the part of any offeer or offeers or employe of this association, or beihg in any way by the owning of stock or other wise interested in any cgncern dealing in cotton futures, buying or selling same. Oheatham Censured. Mr. Cheatham, the secretary, hav ing admitted to your committee such dealing in the name of and for Mich ael O'Grady and P. A. Lee, comes within this rule, and such action on his part, while an offeer of this asso eiation, meets our strongest disapprov al and condemnation. Your commit tee further .finds no reasonable ex cuse for or reason for the use of by him of the word ''secretatry'' after his name, signed to checks in these transactions, but believes it to have been misleading and a wrong against the association, whose secretary he was, and this meets the same disap proval and cendemnation as above; applying this same rule to Mr. A. A. Fairochild, and employs of this asso ciation for he was unquestionably no more, no less, we make the same find ing as to him.'' Rcdd-The owner of an automo bile doesn 't stop to consider the fears of a horse. Greene-No; I sup)pose you might say he has no horse sense.-Yonkers Statesman. THE OROP CONDITION. Estimate of tjhe Department of Agr culture-Ahead of Ten Year A1 erage The crop reporting board of th bureau of statistics of the departmer of agriculture, in a bulletin issued i noon Friday, finds from the report of the correspondents and agents o the bureau that the average conditio of cotton on July 25 was 82.9, as con pared with 83.3 on June 25, 1906 7.49 on July 25, 1905; 91.6 at the coi responding date in 1904, and a 1 year average of 82.4. The following table shows cond! tion on Jily 25 of this year with th respective 10- year average: July 25, Ten-Yea State 1906. Averago Virginia .. .. .. ..83 86 North Carolina . . 75 85 South Carolina . . 72 83 Georgia .........74 84 Florida........ ..72 85 Alabama .... ....83 83 Mississippi .. .. ... 88 81 Louisana ......9..88 82 Texas .. .. ...... 6 80 Arkansas .. .. ....89 . 82 Tennessee.........88 85 Missouri........ 95 86 Oklahoma..........92 86 Indian Territory . 85 88 FACTORY WOMEN PROTECTEI New York Labor Law Declared Ur constitutional-Adjudged Class Legislation. The state law of New York restricl ing the labor by women and childre to 10 hours a day and 60 hours a wee in a factory was declared by Justi( Olnstead, in a decision handed dow in the court of special Sessions to I ''an unwarranted invasion of const tutionial righits." The ruling was concurred in by Ju: tice McKean and Justice Deue Jiude Olmstead declared that the ]a wAsII- class legislation. Justice Olpistead said in his decii ion' ''To labor and employ labor are il herent. and inalienable rie-hts of 01 citizens and cannot be taken away i whole or in part unless upon the bron ground of public good, which must I apparent and cannot be predict( upon legislative dictum. ''It may be stated as a well-settk legal proposition that the right to I bor and contract. for that labor is bol a liberty and a property right; wle therefore, the legislature enacts statut6 such as that under consider tion, it must. be admitted that it h infringed in the enactment, the riglh which are very clearly accorded by ti constitution to the individual citize The people. therefore, are called up( to justify this invasion, and there buit one )l0a in justifleation. that tl statute was enacted to protect il comfort, welfare and safety of tl whole people. and the individual mu suffer this curtailment of his granti rights in the interest of the comme good.. Equally Involved. 'In ,the c ase under con.siderati< the right of the employed and tl right of the employer are equally i volved. Nothing to the contrary a pearing, it must be assumed that tl woman was a willing worker for' willnng employer, and there the resi was mutually satisfactory and pro: table. ''The present constitution of t1 state of New York was adopted in18! and became effective January 1, 180 All of the rights which the adu women possessed at that time we confirmed by that document. 0i of those rights certainly was the rig to contraet- for her labor and to wol when and where she pleased witho reference to the position of 01 hands upon the dial of the clock. ''It was not until four years aft that the law-making power song to place the limitation unler coi sideration upon them. What was t1 legislat-ive intent in doing this? Tl attorney general finds and urges other reason thain the general welfa of the state demands that the proger of women of the factor~ies shall has mothers with healthy bodies, to t1 end that the state may have stur< citizens. Does the state look mere to the children of the factory wom< for its future good citizens? WI should not the housewife, the womu who toils at home, in mercanti houses, in officees, or she who toils n. at all-the society woman-be exem: from legislative interference-inju tive or mandatory, for the same re son? Some of them may be mothe of future citizens, and it should be< as great interest to the state th their progeny should have prop birth and breeding' to conservei wel fare.'' Attorney General Mayer announne that lie would appent from the deci 11785 -19 COLLEGE OF OHARLESTON Charleston, S. 0. - 121st Year begins September 28. Letters, Science, Engineering. Or scholarship, giving free tuition, t e each county of South Carolina. Tu tion $40. Board and furnished rooi t in Dormitory $11 a month. All ea 3 didates for admission are permitte to compete for vacant Boyce scholai ships which pay $100 a year. Fo catalogue, address Harrison Randolph, President. a TAKE A TRIP TO THE EAST vi CHARLESTON & WESTERN r CAROLINA RAILWAY . Through Savannah and Steamshi lines From Laurens, S. C. to Baltimore, Md., and return $20.4 Boston, Mass., and return 39.3 New York and return .. .. 35.3 Philadephia, and return .. 33.4 Round trip summer excursion rates Tickets on sale daily to and includin September 30, with final return lim October 31, 1906. For full information call on or a< dress, C. H. Gasque, Agent, Laurens, S.( Geo. T. Bryan, Gen. Agt., Greenville, S. Ernest Williams, G. P. A., Augusta, Ga. Supervisor's Office. All overseers of the public roads i n Newberry County are hereby diree k ed and required to put their respe e tive road districts in good conditic n and perform the service required b , law by the twentieth day of Angus 190C. Herein fail not under the penalty ~ the law. J. Monrou Wicker, Fred. H. Dominick, Co. Supervisor Clerk and Attorney. Teacher Wanted. i The patrons of Union school wi ieet. on August 17th at five o'clot d p. M., 1906 to elect a teacher for tl e next scholastic year at $30.00 p( d month. Applications may be sent the undersigned at Prosperity, S. ( R. F. D. No. 3. d J. D. H. Kinard, E. S. Franklin, h M. C. Moore, Trustees. 1-1 NOTICE OF ELECTION. Pursuant to the requirements of r Act of the General Assembly of ti . State of South Carolina. entitled, ",A Aet to Authorize and Empower Sehe is District No. 52 in Newherry Count 's-'(ate of Souith Carolina, to ;'ssu Al Cit ional Bonds for thle Completion a School Building Thereon,'' Appro It ed February 24, 1906, notice is hei iven of an election to be held August 28, 1906, at Whitnmire in sa School District No. 52 on the questi of issuing additional coup)on b)on ntot to exceed one thousand dollars m~ a rate of interest not to exceed six p ie cent. in accordance with the terms f- said Act. -John P. Fant, le . .Z. H. Suber, a S. L. Gary, It Trustees of said School District. :I thtAn Organ 5. thtwill last a life time is what y I want. Our Organs have a pure to eand lovely cases We can supI eyou wihan Organ that will please eevery particular for only $65 and Q ht delivered. Write us for our spec -terms of payment, and for illustratic of the beautiful Organs referred to. Lit If you prefer a Piano we have bei ie tiful and good new Uprights from $1 up on easy terms. er. Address it Malone's Music House 1- COLUMBIA, 8. C. 1C Io Coal! Coal!! Coal! eI am making arrangt Sments to establish a co; yyard and will be in pos ntion to supply your wan1 ifor both hard and soft coa ie Should you wish to bu your winter supply fc .August or September d4 a- livery I would be please to quote youprcs ra See me before buying SII can deliver any time a iter August 15. il S. B. JONES. 6 0 The Excho d Cordially invites the busi r people, feeling confideni deran account, a Once established, pern profitable. p J. D. DAVENPORT, Pres. 0 0 R. C. CARLISLE, V-Pres. 0 9 STATBE Of the condition of The Commercial Bank, close of business May 4th, 1906. Resources. Loans & Discounts . $375,597 60 C Demand loans .........4,647 56 1. Overdrafts ..3........ 3,912 88 n Furniture & Fixtures .. 3,051 93 D Due from Banks & Bankers 44,774 80 1 Currency.. ........ 8,759 00 1 n Gold .............. 2,400 00 Y Silver, nickles, pennies 954 64 N t, Checks & cash items .....4,00-' 46 $448,102 87 STATE OF SOUTH CAROLINA, COUNTY OF NEWBERRY. Personally appeared before me J. Y. 1 Bank, who swears that the above stateme 11 edge and belief. Ir Sworn to before me this 4th day of May ke Attest: r Geo. S. Mower. W. H. Hunt. 0 O. B. Mayer. H. C. MOSELEY, President. M. A. CARLISLE, Vice-Pres. THE PEOPLE'S N e PROSPERI nl No. (x Paid up Capital, y, Surplus snd rofits, Stockholders' Liability, fProtection to Deposito DIRECTORs: Burglar P S M. A. CARLISLE. Bugaa -d GEO. JOHNSTONE. Polite anc JOS. H. HUNTER. We want yn R. L. LUTHER. We invite :is J. A. C. KIBLER: We do a e at W. A. MOSELEY.. JOHN B. FELLERS. ciles. er W. P. PUGH. of G. W. BOWERS. We recei J. P. BOWERS. $1.00 uip H. C. MOSEL.EY. semi-an Seaboard Air-] y SIXTH ANNUL 70 SELASHOEI 85 -T Old Point Virginia Beach ano W EDNERDAY $8.00 '. FRC r Columbia, Camdc $6.00 to Wrightsvilli d $8.00Mi Good Returning Until and I Double Daily Ser See your nearest agent o J W. L. BR-21 THREE oge Bookn ness and conservative :our record will ren ianent, agreeable and M. L. SPEARMAN, Cashier .B. CROMEk, Atty. LIENT located at Newberry, S. C., at the Liabilities. apital Stock paid in .. $50,000 00 ndivided profits, less cur rent expenses & taxes paid ............ 43,335 75 'no to Banks & Bankers . 1,874 78 ne unipaid dividends .. .. 675 00 ,idividual deposits subject to check ..........252,217 34 otes and bills rediscounted 100,000 00 $448,102 87. IcFall, Cashier of the above nalne nt is correct to the best of his knowl J. Y. McFALL, Cashier. C1906. JOHN C. GOGGANS, c. c. c. P. W. W. WHEELER, Cashier. GEO. JOHNSTONE, Attorney. kTIONAL BANK, TY, S. C. . $25,000 00 3,500 00 25,000 00 rs . . $53,500 00 roof Safe. ad Fire Insurance. prompt attention. your business, investigation. onservative business on business prin SAVINGS DEPARTMENT. e deposits in this department from , er cent interest allowed, pay able Line Railway. L EASTERN XCURSION' ) : Comfort Ocean View, Va. A UGUST 15. ROUND TRIP en and Cheraw. 3 Beach, N. C. rehead City, N. C. neluding Aug. 31st, 1906.. vice Both Ways. r address COUGHS, Trav. P. A., Columbima, S.O.