The herald and news. (Newberry S.C.) 1903-1937, June 30, 1914, Page SEVEN, Image 7
a? MEXICAN PROTOCAL
: TO SETTLfc. DIFFERENCES
f
4 \il i>i i i\ 4 \ ii hi V\ltist \ dkl
a/i i. iu \ ? .1 ' - - - ...
V K(iATKS AM) MEDIATORS.
i *
AYill He Put In Force as Soon as New
k
* Provisional (io\eminent ('an
r f
be Established.
f
Niagara Fall, June 24.?ITerms for ;
composing all international differences
- - - - , I
I between tue United states ana .ue.\- ;
, ico have been concluded. The copdi- !
|
tions under which diplomatic rela'.ions
will he resumed were embodied j
in a proctocol signed toniglr: by the
^ambassador from Brazil, the minis- j
Kers i'rom Chile and Argentina and j
^he American and Huerta delegates. |
The character of the settlement is ;
Wot expected to arous opposition !
s
rom Die constitut'oi::;\st, wh) * ould ;
^participate in it, and to a large deWtty
gree it would mould the adjustment of
all internal disputes.
When a new provisional government
is establisnf.d to s'nseoer that headed J
f by {sen. Huerta the result of medi- !
r .ation?recognized as a triumpn tor'!
Pan-American diplomacy?-"will be- J
\ come effective.
Left to Mexicans.
Coincidentally with the action taken j
. tonight it was annouced that j*ie i
actual selction of a provisional president
and the organization of the j
new government will be left to an in- J
formal conference oc representatives j
of the constitutionalists?Luis Ca1
brera, Rafael Zubaran and Jose Vas- i
concelos?and the Huerta delegates i
lajBqjy.o the mediation conference.
Xo formal adjustment of mediation \
m ^ will be taken but there will ben o ses- j
f sions while representatives of tee two I
Mexican factions endeavor to agree
or, tnQ nprsnnnal of the new govern
vu IUV _
ment, agrarian and educational reforms
and other internal problems.
It was decide by the mediators
and delegates to postpone conSiderai^on
of the exact date when American
force shall be withdrawn from
Vera Cruz. This, as well as the personnel
cf the new jrovisional government
in Mexico, will be protacolized
? >,? pnnfprpnrps between the
rpiLCi tllC vvuw. ~
constitutionalists and Huerta delegates
adjourn.
While the informal conferences are j
in session, Ambassador Da Gama of
Brazil, and possibly Minister fSuarez <
of Chile, will take a short vacation.
t Assurances t'r.at the constitutionalists
*would be represented at the informal
conferences came direct to mediators
today from Lucis Cabrera, confidential
representatives of Gen. Carranza in
III Washington. I
Tonig.it's formal session of media- j
tors and delegates prepared the way
for the complete settlement .of dii"ferenc-e
between the United States
I Band (Mexico growingou t of the fail?ire
of a Huerta o [freer at Tampico to
BKute the Stars and Stripes.
-<The single outstanding proviso in j
the proctocol is that t'ne international
differences shall be adjusted on the esHP
tablishment of a new provisional gov- j
I-n. ernment.
??????
W ^ Hlli FIRM ON ROCKS
?. R. ( laflin Company Goes to Wall,
v Receivers Beinp Appointed By
i Court.
V iNew York, June 25.?The biggest
(mercantile taiiure in uie msiury v.
the United States was precipitated
today when receivers were appointed
for the H. B. Claflin company of this
city. The company, it is estimated,
owes more than $30,000,000 which
% at the present time it is unable to
pay. Its assets are said to be $44,
" >qoo,ooo.
>ohn Claflin, head of the company
and its chief individual stockholder.!
is the owner of a chain of nearly 30 !
V other dry goods enterprises throughly
out the country, which are involved
ft in the failure. Receivers for several
of these were named today and sim- j
ft ilar action, it was announced, would j
A be taken in the case cf tie rest. Their I
^business will be continued under re^pr
<ceivers' management until their finan [
cial affairs have been adjusted.
Rm From 3,000 to 5,000 banks in all
parts of the United States compose
the bulk of the Claflin creditors. They
hold notes aggregating the major part
of the liabilities. These notes are i
said to have been issued by the vari- j
ous Clafiin stores, indorsed by the
H P>. Claftin company, and the proIB
ceeds used, when discounted in financV
ing their needs.
United > Affected.
|^The United Dry Goods company, a
^looo.OOo corporation, financed seva^o
by J. P. Morgan & Co.. 1
v Clafiin imnvsts.
BK[
^ rc
t r.
^^h- .ill
ix
Xrw V<
Mr. (".)'!!:!. who is presid nI ?>f both
t.if I tv cioods *i f(J Av>ociute:i
M 11"? c nji ini?-s, resi^'ied i osr
tons :cvh;v and undr*r.-*oo!
r .at \ t*ii lii - H. 15. Clatlin company,
: - ... ,v., !
I > I ru. w <1.. ' * I . ; t > v i /1 - . ' ?_/ i * *? . .
"!.! I ?! * ;> !".:.<M' t -' * 11; . t" :"S \\'iil 1)?
severed. C melius X. Hliss. son of.
the late .New York dry goods iner- j
(nam of that name, was elected to
succeed .Mr. Claflin.
According to Mr. Claflin the failure
was due to the unprecedented shifting '
o:' trade centres in New York city
which compelled the concern to rely
mainly on its retail stores in ouer I
cines fcr its profits.
'"Their rapidlv extending business," !
he said," occasioned large capital re- j
quirements which we have not been j
able to meet."
Faile to (iet Help.
The crash came today after vain
efforts had been made by Mr. Clafl'n i
to induce J. P. Morgan & Co. and |
other Wall street banking interests i
to loan ins money id uae over tus ,
embarrassment. These bankers, it was j
learned, advanced the company sev-i
eral million uollars ab:ut two weeks)
ago. but banks continued to p.ess;
their claims until it became evident j
that virtually the whole $.>0,000,000 j
would have to be raised to save the ]
company from failure.
Mr. Clafiin at a conference lasting i
until after midnight last night with
J. P. Morgan, J. S. Alexander, president
of the National Bank of Com
merce, Albert H. Wiggin, president of
the Chase National bank, and other
financiers, made a last appeal but the
decision went against him. The >
bankers believed t.ie course outlined'
today for a general reorganizafion was
the wisest.
Today John C. Eames, vice president
of the H. B. Claflin company,
filed a friendly suit in equity against
I it, alleging that it was unable at pres
ent to meet its naDiiiues. mis
j admitted by the company arid Judge j
! Hand in federal court apppointed as j
!
: receivers Joseph B. Martinbale, pres- i
ident of the Chemical National bank, j
and 'Frederick A. Juilliard, a dry
gcods merchant.
Another Petition. . j
Almost simultaneously a petition j
in involuntary bankruptcy was filed
! by tie three merchandise creditors
| whose attorneys announced they
j would seek the appointment of other
i receivers.
I In this action subpoenaes were is- j
sued for Mr. Claflin, Mr. Eanies and
Dexter X. Force, treasurer of Ue
company, to appear and show cause
on or before July 2 why it should not
i be adjudged bankrupt.
Immediate stres to protect the in!
terests of note holders and the merI
chandise creditors were taken by the
! ippointment of committees representI
ing each. The note holders' commit- !
I tee. of which J. S. Alexander is c':air- j
| man, asks that all claims be deposited j
\vi:h them, and a similar request was i
made in behalf cf the merchandise '
creditors, called together by attorneys
for the Merchants' Protective associai
tion. Both committees announced they
would demand a voice in the reorI
! ganization plans. Still another pro-1
tcetive committee was organized under
the auspices of the Creditors' Audit
and adjustment ass:ciation and
the receivers are directed by the court
also to reorganize a creditors' commitf?
W/v Ktr 11 fVir* r?o*HitnrQ i
ICC IU UC tuuoou UJ ail 1"V VI VU1I.V1X
at an early meeting. At this meeting
the creditors will be authorized by the
court to vote whether the receivership
shall be continued and whether receivers
shall be appointed.
Its Fourth Crisis.
The failure today marked the fourth j
financial crisis of the H. B. Claflin j
company since it was first establish- j
ed in this city in 1843 with the urm
name of Bulkley & Claflio. It was
tided over financial difficulties in the
War Between the Sections when
Southern debtors did not meet their
Northern obligations; again the panic
of 1873, and again in the panic of
1907, when, it is understood, J. P.
!
Morgan & Co. came to the rescue. (
I'From its humble beginning of 70]
years ago the concern grew to be the 1
greatest dry goods enterprise in the j
country and was tne nucleus, together i
with other enterprises which John I
Claflin promoted, to the Associated!
Merchants' companv and subsequently '
i
ihe United Dry Goods company, or- j
ganized in 1909, with $"> 1.000,000 capital
stock. Its commercial notes, it
was remarked, in Wall stjeet today,
were accepted throughout the country j
almost as the equivalent of currency,'
so strong was its credit.
Cut Loose From Clatlln.
In announcing the resignation of
I
air. Cianin, me Doaru ot directors or
tho I'nited Dry Goods company and j
the Associated Merchants' companyj
i
issued a statement raying his resignation
severed tlie management of
';1.t two comoani-s from the stores ? ? '
which Mr. CI-iH'm ha; a personal interest.
.
According to Mr. Alexander t"e
L.
"!a' ''i ? .> !ij> i - diflir. lti s we:*--p
r? il il :iI?i i y its iinior-fMiicm of
iiof'-s of tli Claliin onicrpris >va; .
wing t > u mral d<-pn-s>ion ia dry
ir:; : is bu>!ii*'<-\ t!;?-y w?-sv i: .?i>I?? to
i ay ;.t matrit.
Amoa.i: the (Martin st?>ros for which
veoivors wore aiji>->int?*d today \v?*ro
tho H. Batter man company and 1
Bedford company. Brooklyn, the .Montgomery
Fair, Montgomery. Ala., and
the .lonos Store company of Kansas
Citjr.
<$> <? > $> -$ <ji> <$> $ 'v <$> <$>:
-e> <$-1
?> SENATORIAL CAMPAIGN. ^
y < > i
4> '*s <$>> <?> <? < > ; > <?> <?> <$> < > <- > < > J
Chester?(Tuesday, June 30.
i
Lancaster?Wednesday, Julyl.
Vorkville?Thursday, July 2.
Gaffney?Friday, July3.
;
Spartanburg?Saturday, July 4.
Union?Wednesday, July S.
Newberry?Friday, July 10.
Greenwo d?Saturday, July 11. .
Abbeville?Tuesday, July 14.
Anderson?Wednesday, July 15.
Walhalla?Thursday, July 16.
Pickens?Friday, July 17.
Greenville?Saturday, July 18.
Laurens?Wednesday, July 22.
Columbia?Thursday, July 2o.
Lexington?Friday, July 24.
Saluda?Saturday, July 25.
Kdgefield?Wednesday, July 29.
Aiken?Thursday, July 30.
Camden?Tuesday, August 4.
Chesterfield?Wednesday, August 5.
Bennettsville?Friday, August 7.
Darlington?Saturday, August 8.
Bishopville?Monday, August 10.
Florence?Tuesday, August 11.
Dillon?Wednesday, August 12.
Marion?inursuay, august jo.
Conway?Friday, August 14.
Kingstree?Saturday, Augst 15.
Georgetown?Monday, August 17.
Monck's Corner?Tuesday, August 18.:
Manning?Wednesday, August 19.
Sumter?Thursday. August 20.
I
<?> A> |
<S> STATE CAMPAIGN. 3>;
<S> < ' i
Following is the campaign itiner-!
ary: v
Bishopville?Tuesday, June 30.
Bennetts vine?weanesaay, juiy i.
Chesterfield?Thursday, July 2.
Camden?Friday, July 3.
Columbia?Saturday, July 4.
Lexington?Thursday, July 9.
Saluda?Friday, July 10.
Edgefield?Saturday, July 11.
Aiken?Tuesday, July 14.
Bamberg?Wednesday, July 15.
Tlarnwell?Thursday, July 16.
Hampton?Friday, July 17.
Eeaufort?Saturday, July 18.
Ridgeland?Wednesday, July 22.
Walterboro?Thursday, July 23.
Charleston?Friday, July 24.
St. George?Tuesday, July 28.
Orangeburg?Wednesday, July 29.
St. Matthews?^Thursday, July 30.
'Winnsboro?-Monday, August 3.
Chester?Tuesday, August 4.
Lancaster?Wednesday, August 5.
Yorkville?Thursday, August 6.
Gaffney?Friday, August 7.
Spartanburg?Saturday, August 8.
Union?Tuesday, August 11.
Newberry?Wednesday, Aliens/ 12.
Laurens?Thursday, August 13.
Greenwood?Friday, August 14.
9bbeville?Saturday, August 15.
Anderson?'Monday, August 17.
WaliWlla?Tuesday. Ansrost 18.
Pickens?Wednesday, August 19.
Greenville?Thursday, August 20.
Only One "BROMO QUININE"
To get the genuine, call for full name, LAXATIVE
BROMO QUININE. Look for signature of
E. W. GROVE. Cures a Cold in One Day. Stops
cough and headache, and works otf cold. 25ci J
HELP WASTED IS SEWBERKY
And Furnished by the Help of Sew- j
berry People.
Those who suffer with kidney back- J
ache, urniary ills or any little kidney j
or bladder disorder, want kidney help.!
.Who can better advise than some j
Newberry residen:, who has also suffered,
but has had relief. Newberry
people recommend Doan's * Kidney
Pills. Here's one case and there are
many others.
John W. Reagin, 201.r> Eleanor St.,
Newberry, S. C., says: "My back was
weak and I had pains through my
loins and kidneys. Doan's Kidney Pills,
procured at Newberry Drug Co.,
brought me relief."
Price 50c, at all dealers. Don't
simply ask for a kidney remedy?get
Doan's Kidney Pills?the same that
Mr. Reagin had. Fosrer-Milburn Co.,
Props., Buffalo, N. Y.
TEACHEK WANTED
t
For Tranwo >d school. Salary ?'0
per month. Term eight mon hs. Send 1
I
: : plication to
?. A. Kilting,
J. Ro; ert Long,
Oscar IT. Abrams,
Newberry, S. C., R. F. D. 3.
fl 'i
^ 1*1 ^ ^?tv-"-^? !' ? !
'^f^L ?K i^?- I
rft
fikn SsdPvhaA vr>. ,,
Pleasure an
"One of the best re
without telephone servi<
mer, "is the pleasure i
1 1 5 *_1 yu 1_ *J _ T
Knowledge inai wime i
tection that the telephoi
On the farm the tel
and is the means of bri:
.gcncy that may arise.
If you haven't a tel<
the nearest Bell Teleph<
our free booklet and lea
costs.
FARMERS' LFN
SOUTHERN BELL 1
a\in nnnrrTi ad?
/111U iLiLiJLUlVm u
When Your B
Your Whole!
If You Have an
Disease Do Not
Too Late,
=TO-l
THE UftT QPR
lllLi 11V1 U1 11
a Complete
Remc
| Syphilis,
Eczema,
Erysipelas,
' i
j And all other Forms of
Hot Springs Physicians
est Blood and Si
placed on i
Full Course Treati
| $ 12.50 Singl
We Prepare a Reme
Write us your Troubles. All
Hot Springs Mi
827 1-2 Central Avenue,
--v.'
fe jq And more
callers or right i
But you've got to go to
^ have got to be climbed, whet
/
^ Now you don't try to get
^ why with one telephone? W
^ Telephone to bring the calls 1
/ Save the wearing tramp v
/ Telephone at your elbow, ah
^ $1.00 per mor
| SOUTHERN B3
/? -akT-r-k nrrr TT'^Trs
ill* IP
r \ r^n \ f
h ifV^;' M 5 S
i: ; ;. -^rv
d Protection
|
...1 T 1J ...I
dbUIlS \\ Liy 1 WUU1U I1UL uo
:e," writes a Georgia farit
gives my wife and the
am away, she has the proie
gives."
iephone dispels lonelinesi
nging help in any emerephone
on your farm see
Dne Manager or write for
rn how little this service
E DEPARTMENT
ELEPHONE j
COMPANY 5AB |
/ j
I
.. I
lood is Right
System is Right
ly Blood or Skin
: Delay until it is
, but Order
DAY?
INGS REMEDY
and Positive
idy for
Acne.
~ ? 7
Malaria,
Rheumatism
Blood and Skin Diseases.
pronounce this the Greatkin
Remedy ever
the Market.
nent?Three Bottles
e Bottle $5.UU
>dy for Every Disease.
Correspondence Strictly Private
gdicine Company,
Hot Springs, Arkansas.
222222BBB222Q2Z2^^^B^
, I !
fj BHlMttVKillillE!
jjipprw^ ?
"There 2
Goes That ;
[ephone Bell!" ;
/
than likely you're busy with ^
a the midst of some important ^
/
that telephone,?and the stairs ^
her you like it or not.
: along with one water faucet,? ^
rhy not have an Extsnsion Wall ^
to you? ^
ip stairs, or down. Have a Bell ^
vays. ^
\
ith in residences. /
SLL TELEPHONE 1
APE COMPANY |j
i:<> ion
rdi.i.ri^K <>i- (H\iaKSTO>
S<>u(h Carolina's Olilc^t College
> .. War bruins Si pU'inber 25th
Kn ranee examinations at all t..e
county seats on Friday, J:; 1 y o:d. at
.7 U. ill.
Full four year courses lead to tie
15. A. and 15. S. degrees. A two-year
pre-medical course is given.
A free tuiti n scholarship is assign
ed each c^untty of he State.
Spacious buildings and athle i;
grounds, well equipped laboratoriej,
i! iipxppIIpH lihrarv fafilitioc
v. ?- J
Expenses reasonable. For terms
and catalogue, address
HARRISOX RANDOLPH, President.
STATE OF SOUTH CAROLINA,
COUNTY OF NEWBERRY.
Court of Common Pleas.
i
I. 'I. Timmerman, Plaintiff,
against
! Thomas Lonnip Plnvpr TiofonHont
n" )
By order of the C^urt herein, I will
j sell to the highest bidder before the
Court House at Newberry, S. C., within
fehe legal hours of sale, on Monday
i (saleday), July 6, 1914, all that lot of
land lying and being situate in the '
Eastern suburbs of tie Town of Newberry,
County of Newberry, State of
South Carolina, said to contain onehalf
of one acre, more or less, it being
lot No. 4 of the lands of the Estate
of M. iM. Player, deceased, which land
nrn n a/\?> J ^ ^? ? 1
naa vuu?cjeu tu i*i. i*i. jrxayer Dy
Tabor H. Hill, and bounded by Lot
Xo. 3 and No. 5, by lands of Tabor H.
Hill and a street forty Jeet wide
which separates it from the lot of Mollohon
Manufacturing Company.
Terms cf sale. Cash. Purchaser to
pay for papers.
H. H. Rikard,
i Master for Newberry County, S. C.
J June 11, 1914.
NOTICE OF FINAL SETTLEMENT
AND APPLICATION FOR DIS
CHARGE.
No ice is hereby given, that the undersigned,
as Executor of the last
will and tes ament ofMrs. Rebecca C.
Caldwell, deceased, will make final
settlement of the es:ate of th^ said
deceased, in the Court of* Probate for
Newberry County, at 11 o'clock a. m.,
cn Monday, the 13th day of July, 1914,
and iinmediatel:" thereafter will apply
for his final discharge as Executor as
aforesaid. All persons having demands.
against the said estate are
hereby required to present the same,
duly attested, on or before the day
above named. J.
F. J. Caldwell,
Executor.
6-9-5t-ltaw.
Kidney Trouble?if you suff, write today
for sample bottle of 'Whittle's
Epsom-Lithia water. The most effective
water for curing Rheumatism,
Diabetes, Brights disease. A
wonderful Uric Crystal solvent and
Acid Eliminator. Heals the weak
Kidneys Readily. Write at once
Whittle Springs Co., Whittle
Springs, E. Tenn.
NOTICE FINAL SETTLEMENT.
No.ice is hereby given that we will
maKe nnai sememeni, as aumimsirators,
on the estate of H. H. Folk, deceased,
in the probate court for Newberry
county at 11 o'clock in the forenoon,
June 25th, 1914, and immediately
thereafter apply for letters dismissory
as such administrators.
All persons having claims against
said estate will present them duly attested
on or before that da:e.
C. M. Folk,
T W
Administrators.
Whenever You Need a General Tonic
Take Grove's
The Old Standard Grove's Tasteless
| chill Tonic is equally valuable as a
General Tonic because it contains the
well known tonic properties of QUININE
and IRON. It acts on the Liver, Drives
out Malaria, Enriches the Blood and
Builds up the Whole System. 50 cents.
i
1 Are You a Woman? J
i? Cardui
1 llin yjnmnrjn Tflnifl
!!!5 HUlilCII u i Ullib %
W I U>
" MM II I I I I
1 FOR SALE AT ALL DRUGGIST^ j