The herald and news. (Newberry S.C.) 1903-1937, November 13, 1914, Page TWO, Image 2
Will Help Fa,
To I
DESRIBES PUNT
CAD NEIfHRftBPnnn
run iUiiuiAuuiu uvi/
.YLAURIX WILL SEEK MARKETS
FOR WAREHOUSE CERTIFICATES
Commission Writes Sen. T/llman?Oe?
^ S\ 4. 4 ,,
ciipzes rermaneni yuariers?assistants
Report for Duty.
The State, IOth.
John L. McLaurin, State warehouse I
commissioner, made public yesterday
correspondence had between Senator
Tillman and himself, in which t;he
general type o: neighborhood warehouse
acceptable to the commissioner
for leasing in the name of the State is
described.
Mr. McLaurin says that although
v/v lAnrJpio+m-Q efni/it from fhp W3Tfi
.ili C icjioiauut on uvu vu. ~
house bill the provision making it the
luty of the commissioner to negotiate
loans or sell cotton for those wfco
anight have it on storage, he intends
as- an individual to aid the holders
erf State warehouse receipts either in
the borrowing of money against their
cotton or the selling: of the staple. He
suggests a basis on wl':ich in his opinion
these receipts may be used with
rue federal reserve bank. He asks the
cooperation of Senator Tillman in enlisting
the good offices of Secretary
McJAdoo.
"In addition to this," says the commissioner,
"as soon as I can get the
machinery here in running order, I
expect to visit some of the money centres
and see what can be done in the
way of straight loans on the receipts."
Office is Moved.
Yesterday the commissioner moved
ftis office from the Jefferson hotel into
the quarters leased some days ago ir.
tSa r>o .Kmiriin,sr r>f the old Sltate dis
~ a - --- f
gensary plant, at Gervias and Pulaski
streets. Telephone service has been
ordered, but has not yet been prodded.
John K. Aull, secretary to the
commissioner, was on duty there yesterday
and so were the deputy commissioner.
J. A. Drake of Bennettsville,
and the inspector of State owned
'warehousese, J. G. L. White of Chester.
These three at present comprise
the staff.
Incidentally it tra!nspires from the
letter of the commissioner to Senator
Tillman t!*"at negotiations are pending
for the leasing by the State of the
old State dispensary warehouse for
the "overflow cotton." "Later," says
Mr. McLaurin, "the concentration
warehouse, with compresses, can be
developed, so that cotton from the
local warehousese can be shipped un
der milling rates and compressed en
route to the port. At present, however,
I am merely trying to meet an
emergency."
Sev?ral days ago Mr. McLaurin took
up with J. X. Kirven of Darlington,
president of the South Carolina Agricultural
and Mechanical society, the
matter of using tre large steel exhibition
buildine at the State fair
grounds as a cotton warehouse. No
announcement as to the status of this
project was forthcoming yesterday, j
From Senator T/Ilmun.
Senator Tillmar writes from his
home at Trenton as follows:
'Since writing you I have it in
mind, if I can bring it about to get
t'be farmers around Trenton to build |
their own warehouse to store their 1
cotton. Please give me such informa- j
tion as you possess on the following .
points:
' * ry r\ r\ -r\ .3 r?irY>anOiAnc r*f tVi A V> Aef
O-'Z-VT cl 11 'J. UllllCllCiUUO Wi IX1'5
form of warehouse you have considered
or selected.
"T:e minimum and maximum num- j
her of baies tl at can be stored under ,
one roof.
"The best insurance rates, and to '
who one should apply to get data
about insurance on cotton thus
otored.
^ "I propose, if T can bring: it about,
to have mv neighbors join in and
construct a warehouse that will be accepted
by you as State warehouse
commissioner and also by the insurarce
companies, so that we can secure
cheap insurance rates. It seems that ,
this will be much cheaper and better \
than to all depend on you to ~et warp- ;
houses for the farmers. Anyway, I will
be glad to Ir.'ave your adfvice and sug- ;
gestions along this line. Promptness, !
off course, is essential and therefore I
would be obliged to have an answer ;
by return mail."
To Senator Tollman.
Mr. ?\'cLaurin has replied as foli
lows:
""^rar Senator: In reply to your
favor of 7tfn inst., beg to say that
I aeree with you and intend to do all
in ttv rrvo" to enconrase farmers to
erect warehou^ese in eaci community
ctori^or their own cotton. This can
t>e done more cheaply than in a central
warehouse in Colum.'bia, though j
zmers
Procure Loans
; I am endeavoring to secure the old
State dispensary warehouse for tne
overflow cotton. Later ti:e concentration
warehouse with compresses, can
be developed so that cotton from the
local warehouse can be shipped under
milling rates and compressed en route
to the port. At present, however, I
am merely trying to meet an emergency.
| "I would suggest, i" reply to your
question as to type of jildiug, insur?->
o f rvl 1 /-V.W Q
| c^o iviiw" w.
"Construction: Sides and roof of
corrugated iron, on skeleton wood
frame; earth or other noncombustible
floor. Building to contain not over72,000
cubic feet.
! "Dimensions: Ninety by 100 feec, or,
if preferred so as to get a 19-foot
rafter, 50 by 150, about eight feet in
height. In other words, suit yourself
as to shape, so that the cubic feet of
space does not exceed 72,0{)0. Doors,
not less than two in ends and sides,
wfoid'i must open outward. The ends,
however, can be planked up, so that
the boards can be ripped off in case
of fire. The rate of insurance runs
on this -type from $1.90 per $100 per
' year to $2.25, dependent on other
conditions surrounding building, but
in no case on this type more than
$2.25 per $100. This makes from 90
cents to about $1 per year insurance
; for a bale of cotton, estimated at
' about 8 cents per pound. A Columbia
! contractor estimates tfce cost of this
building at $600. I am satisfied that
I could put up one on my plantation,
t where I have access to the woods, for
around $400.
j "I am empowered by the State to
| settle the terms upon which such a
warehouse can be taken over, the only
restriction being that I am not to incur
a loss to the State fronT&e oper
ation of the warehouse. H:h State is
to give a receipt carrying absolute
! title to the bales enumerated in same,
and guaranteeing:
"1. Weigl-t and grade.
"2. The delievery OT the identical
: bale named in the receipt.
"When this receipt is understood
in ihe commercial world.it will have
a value not enjoyed by any other
j warehouse receipt, because it pre
1/\Ar? n?Ai orVtf
venis SUDSllLUllOll, guctiaiiicco n C15U1.
and grade and removes the cloud restI
ing upon the title to every bale of cot[
ton produced under the crop mortgage
and lien system.
"I am devising a contract wfaich
will enable me to lease such a buildI
ing as I have described, and at an
! added cost oif three cents per bale for
i each month to those storing cotton, to
give them the benefit of these warej
house receipts. I will have to take
| a bond from the manager and grader
to protect the State in weight, grade
and delievery of cotton.
Will Aid Farmer.
"As to how the receipts may be used
i to secure money, I will say th?t in my
1 original bill it was made the duty of
tlhe commissioner to negotiate loans
or sell cotton for those who i':ad it on
storage. This was stricken out and
is not a part of my official duties under
the present law. But there is ro
reason why 1 cannot as an individurl
aid the holders of those receipts
either in the negotiation of loans or
making sale of cotton, and it is my
purpose to do this to the extent of
my ability.
What we need in South Carolina
now is to unlock credit!.
T:.ere is as mucCi money as there ever
was in tlhe country, but credits are
tied up as a result of ti':is holding
movement. Many ininK me iarmers
should sell and pay their debts, but
this can not be done for the reason
that if there wa.s a general selling
movement the price of cotton, under
present conditions, would go so low
that we would lose the cotton and
otill ntra + HoVfc Vr?thiripr will nut
OWiil UVI t 111^ . .yy r the
price of cotton up except to hold
it off the market, and it looks to me
like, if we do that, we can borrow
more money on cotton than it would
sell for in ine open market. If
t':e farmer holds his cotton and dees
not borrow money the lien merchant
wi1! be wiped out and with him will
go the country bank.
"Now, under section 13 and section
14 of the federal reserve act, there is
no reason why the lien merchant and
banker can not agree upon a price for
cotton stored in State warehouses.
Suppose they agree upon S cents; t'^e
farmer gilves the lien merchant Ibis
nolo for $1,000 with State warehouse
receipts for 25 bales of middling cotton;
the mercT ant takes the note an 1
rpcpinrs tn the hank with hi?' indorse
ment; the bank accepts this pa^>er
and presents it for discount to the
federal reserve bank at Richmond.
This is a two-name paper, and in
addition is for agricultural supplies
'based upon exisiting values' as provided
in these sections.
"The law says that bills of ex
change of this nature shall be discounted
for six months. They can be
renewed for six months. Futrhermore
tLere is absolutely no limit to
i the amount of such paper which any
one bank, a member of the currency
association, can discount.
"The title of the cotton remains in j
! the farmer, and he gets the benefit of j
an advance in price and is enabled to j
! force an advance without destroy-1
l ing his credit. The bank has recourse
jon both the lien merchant and the far!
mer, and in case o: a decline in the
price of cotton could take means to
jprotect itself by demanding oti.er se-j
curity. If cotton sells above eight
! cents within the next year it would go
to the farmer.
Asks Cooperation.
't-Vlr. Hamlin, president of the Reserve
board, and 'Mr. Harding told the
I i
j legislative committee that they would i
! accept for discount farmers' notes
i
| indorsed in this way and a south
1 Carolina State bond with cotton
valued at 10 cents a pound. As soon
as possible I desire to have an interview
with Mr. McAdoo and others, to
1
consider this proposition. I think it
would be of great value to have your
Qccictnnpo in this rip^ntintirm and if I
you are going to Washington in tLe ;
near future I would like to meet you j
there. If not, please write to the
secretary of the treasury on the subject.
! "In addition to this, as soon as I can
get the machinery here in running order,
I expect to visit some of the
money centres and see "what can be
done in the way of straight loans on
the receipts. My blanks are in the
hands of the printers, and as soon as
I can get them will mail you copies
of same, whidh will give you a better
idea of my plans than anything I can
I write in a letter. I hope that your
, neighbors will join with you in a warehouse
and transform their cotton into
, a negotiable security and I will do my
utmost to estaonsn its piace in tne
commercial world. The small appropriation
is discouraging, but I sfcall
do what I can with the tools provided.
"Your letter put in a nutshell just
what tCie farmers in t'.is State wish to
know. I have replied at length, and
j will give the correspondence to the
press for the information of all."
S1PP IS APPOINTED
!
Succeeds McCullough on State Historical
Commission.
C. N. Sapp, former member of the
"house from Lancaster, has been appointed
by the governor as a member
of tlhe South Carolina historical commission
to take the place of Jos. A.
McCullough of Greenville. Mr. McCullough
/tas been elected to the house.
The Belgian Sufferers.
| Columbia, Nov. 10.?Referring to i
letter of his excellency, Governor ;
iBlease, November 3rd, 1914, quoting!
I cablegram from Mr. Herbert Hoover,
j of London, in regard to the critical
j condition which exists amongst the
people of Belgium.
i iT-Tic? qvoqI 1 on/rr f Vi omvarnnr ic in
| . . .
! receipt of the following additional j
cablegram, which is self explanatory,)
and which you may desire to publish !
fcr the information of those who wish
to contribute to t:. e relief of the Belgian
people:
"London, Nov. 9, 1914.
"Governor of Soutn Carolina, Colum!
bia, S. C.
j "With respect our telegram second,
we have now been endowed with lund
ior soie purpose paying transport uu
foodstuffs from central point your
State and others to Belgium, therefore,
every pound or foodstuffs,
which can be subscribed or purchased
in your State will reach
the people of Belgium without transportation
cost to your people. Iowa,
California,, Minnesota and many others
are giving us most gratifying support.
Cable address, Crevcoh, I.ondon.
"(Signed) Herbert Hoover."
Sot Newberry College.
Some first-class colleges are worrying
along with second-class ootball
teams this season.?Anderson Mail.
U he abo e may be true of some colleges
and colleges It is not true of
Newberry college, as the following",
along with much previous his.ory in
the same brand, of learning, will
stow:
Charleston, Nov. 9.?.Newberry defeated
Porter Military academy this
flfrprnnnri. 20 to 7. following Satur
day's gruelling game with the Citadel.
Newberry earlier in the season
trimmed Porter 20 to 0. Newberry
scored a touchdown in the first period.
The second quarter passe*
: without a score, and in the third
Newberry got another line crosser, j
Renken intercepting a forward pass j
and running half the length of the
field. Goal was kickcd, making t) e
score, Newberry 13, Porter 0.
In the fourtla quarter .McLean went
over for a tally and kicked goal, making
tJ:e total 20 points.
America's Greatest
Good Grow
The most wonder
riorsed highly by tn<
For severally by the far
Will gTow wherever
hay than any other
produces 300 to 600
U per acre the same s
nay si'sts drought and si
sovf an acre in drill
hay equals timothy
livestock preier 2t t
Seed and erra/ii. Last spi
Texas. It is now se
fore next spring as
stead/ly on the /nerd
^ Sudan grass seed m
? QiflffC less tlian one pout
r?liPin?pr. TCefter Ord
money and then ma
crop for dzversificat
jliRprp ean *he seed an(
l1 A 1? O rm R A v
| JCiiiogcu^ i ui, ?va
Laughs at Droi
I Clarke's BigSi
J T T JE call this our "Spice-Of-Lif
' ' * ' ^ ~ -i- - - >r. (-1-./-V ,TO(/>A Af I 1
i \ V VdlltLy 1?> UiC cspicc ui ij
j enough to suit all tastes!
THFS \ SIX HJLi. QLARI S
|se. oo m
j rj iXPRLSS
J PR^PAiD jp^
I *! JcL^Es 0
tl h i 'WanSJKBfi 6?-Q<
?S Happy Valley
? msM pan <*
a iijSsi ,EXPR
il il^u^fVso:! Express. Think of
; II Mellow Wh
|j| f antee. Don't waitjjj
today and learn the meaning of c
Our goods are the high
j n:usr re cli y u in perfot
I Remit Po?*al or Express Money Order, !
I Whiskies, Brandies, Cardials, etc., on request.
H. CLARKE & SC
jjj | Th South's Gr*>a es
""TT" ""'iT- ' VmTMII MMI jrjBfgy tmiyrirrrir.y---.^
Newspaper Blunders. , mgg^
Tuesday's Observer carried a,timely
editorial on "Newspaper Blunders." It
well suits The Herald and News re- I ^
porter as ne nas oeen "rocKea in uie (jne
same boat" on the troublous sea of your
journalism. Some of bis paragraphs ~in
; poun
get divided and mixed, some parts (pric
scattered, some lost altogether, to say belie
nothing of such little things as misspelling
of words and names, misap- !
plication of punctuation, misusing of
grammar, the putting of "Mrs." for t
"Mr.," etc. | Mm:,,;,:;
But all that is not as bad as was the
case of a Georgia editor who had his '
account of a wedding mixed, as the j
fol'owing from Atlanta to the Union !
Associated Press will show: |
The bridegroom in this case was
named Gunn, and his father Abra
I am Gun. Tiie girl s name was j \
Srnit?.. Tr.e editor turned his copy j , ,
over to the printer just before catch- i 5
ing a train to Atlanta and when he |
got home the paper was off the press. ! L
The article was headed "GUNN- let us
SMITH-?" and narrated that the mone;
bride was dressed in white mule in- Gi
stead o." white mull. She carried a .
I B8H)
large red "nose, also. The story I
tr-a hri^currnrvm was a noDlllar i
^UXU V W* 4U.VQ* x t
son of A Gunn, and the printer ihad
run out o'f capital letters. Now the *
editor is waiting in Atlanta until he T. k
T TP j
can screw up courage to go home and l- vvface
"A Gunn."
j E. T. L
Jurors Court General Sessions >'o?em- ; A. M. 1
ber 23. Thos. 3
E. I . Soase. S. B. j
E. 0. Counts. <J- H. ?
.T W Werts. J. R. E
D Frank Dominick. F. M.
t V. C'ary. s- L- s
' r Duncan. Claytor
3 Stillwell. J. E. I
Grass Come:
' Sudan Grass
ful grass of the age introduced a
i S. Agricultural Department,
mers of Texas in all parts of the
sorghum does. Makes more and
plant known. Under ordinary eon
lbs of seed and 3 to 6 tons of cho;
eason. Adapted to all sorts of so:
iands rain. Takes 2 to 4 lbs of ?
s and 16 to 24 lbs broadcast. Qui
and cattle figifot for it while all k
o alalfa. Poultry eat the tender
ing the seed sold for $2 to $4 pe:
ll/ngr for $1 ]>er lb and will go hierl
the supply is limited and tho <1
ise. We will send prepaid by pare
lots of 50 lbs and under for $1 per
id considered. Larger lots by
er now and be sure of tne seed ar
Jie money next year grow/ng the
ion. Everyone should grow Suda
I make more money tlun ever. A
15, Ald/ne, Harr/s County, Texas.
Light - Smi
ixlntrodud
e-Package" for the old ad
:fe/' and here's variety
brings this
ESS PREPAID, to any poin
it! Six Full Quarts?Six
letrov?pprh harkprl hv thf
?you're missing a treat?
omplete satisfaction.
est Jo?must satisfy you in e
:t condition ?or money hack. Yo
Reg.stered Letter or Certified Check.
)NS, Inc., Rick
Mi ! Ord->r Wine anr* Whiskey M*
MMMLgWg?fliTTni WBHtiM?J?I????a
/
uBDnnnnBi
3 ? Equals
\ startling statement but a true one in t
teaspoonful of medicine and two pc
own ground feed (cost about 3 cenfc
ivhat tney do for your animals and fo w
ds of any ready-made stock or poull
e 25 cents). There you are! If yc
ve it, try it out 1 Buy, today, a can o
aa T\pp stock & po
JJfcc medicin
hanges feed into tonic?Makes it resnlt-prodi
> - V 'I -- i ' ^
V >, .4-5
v . /V*? _ ./i
"as"
star's up 11:e la:-y ones.
^E-255 flock and gives a healthy
'osts but a trifle?the extra e?gs pay for
prove to you that it will make hens lay.
y back. 25-lb. pail only $2.50. In ]
V v^.y.s-% a cwrr?vO inUM
L1JLK & WLL1VO jui in
W. G., MAYES
Counts. JM
iunter. T
Sheaiy.
Cole.
. G
tner.
ong. G
H
UailieiSCU.
A. Mills. S\ull.
J*
A
Summer.
Soozer.
Satterwhite. "5
Sfcealy. ^
i L. Boozer. Jrioyd.
?
5 From Africa
f
Make
jid en- I
Money
better 1
^ it ions 1
te ? Where
IU - ?
tf/ty of
:nds of
leaves r
ib m Other
tier be[envsnd
el post
lb not n Tf r.
freight CrOpS
id save
fmest
,n wlio a f #ddress,
Fftll
mmmmmmm , jmmm
? w\ Ifc. m
les at Kain
tory Offer
age says,
ms*> se^o'l
5 complete assortment,
it on Southern or Adams
: Pif erent fVands of
i reliable Clarke Guar- j
send your order along !
I
"
very way? Ijj Jfe
u can't lose! IjH
Complete Price List ot Wines. 5 J jd
none.1, Virginia j
%rchanrs
i?^,?iHunnnNaBBnQHB5|
3
his case.
lUnds of Write for atrial package
>' equal. Of Bee Dee STOCK <fi
Ic-Jtwn POULTRY MEDICINE,
is, iwu jjgg Qur 32 page, illustra.ry
tome ted book, fully explaining J
)ll don't its uses. Address:
f? Bee Dee Stock Medicine
Company, ;;
ULTRY Chattanooga, Term, .
^ 25c, 50c and $1. per can. J
iciof At your dealer's. B A
? ? '
' QO [T
:-: '
v^.' ?
> r/^ /"s^rr-t.'
liiV;, ?'' v
': . . : ; ; '.} ::? ':.' ??icr.s
into the e<r^-a-f?r?7 cla?s end
Puts life and vir^or into tne whole
relish to the feed, j
it many times over. Come in end
If it fails, vre will give you your
packages ct r""\, a J ?1.10.
cnm & M^rRACKEN
UV/11 V*. " V ?
[. C. Bedenbaugh. f ?
. E. Chandler. Xp
. L. Ringer. ,fpf|
. Ridgell Bowers. 'yMj
. P. Boozer. ^
. H. Abrams. Jj|
A. Rikard. Si
Taz Senn.
. Hayne Hawkini. S
D. Nance.
W. Clary.
. K. Baker, Jr. .
B. Dawkins. "MllpllU
. iF. Melton.