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iliu liEVER DISCUSSES ' COTTON PROBLEM I i Farmers Should Sell Staple During | Twelve Months of Year, Thinks ; Authority. P. H. McGowan in The State. Washington, Sept. 23.?The trouble : confronting the cotton producer is j the necessiay of dumping his* product j on the market at one time and the remedy consists in taking advantage of the warehousing and financial opportunities offered in the -provisions of the farm loan act. j The above is the statement of A. F. Lever, commissioner of the farm loan I 7 i board, made this morning. "Under present conditions," said I Mr. Lever, "practically all cotton pro- ! duced leaves the possession of the J producer in September, October, No- f vember and December. The market j is glutted, if all the -eggs produced j were marketed in four months would , not the egg market fare in identical j manner, and woudn't the price ' of! /Artrnc Aynnf Thp nrndueer of cotton j U1V1" x should sell during 12 months?atj imes when the price of cotton is j highest. He can do this if ware-; nouses are built by farmers and bank-! eys in cooperation. Hie farmer can r preserve his cotton from weather i amage?which usually amounts to $75,000 #00 iper annum?and hold it ior a more advantageous market sim; ly by paying for the use of the warehouse and his insurance premium. Such cost would be merely nominal. cVinnli^ +V>o fraarmOT V?nviTI<r t OUVIUU KUV -kui ..w j D put his cotton in the warehouse and aken receipt for same?the staple having been graded by experts of the department of agriculture who are honest men?need money all that he would be required to do is to submit his receipt to any farm loan bank iind secure a loan. Bankers have in- j formed me that advancing money on uch warehouse receipts would not be considered a great risk?and that .;0 per cent of the value of the coti on could be obtained. I have never figured on more than 75 per cent. 5ut the principle is the same, and the boon to the farmer is apparent. "The South should bestir itself. Some weeks ago I addressed a meeting of farmers and bankers in Sparanburg. They were so delagited with the opportunity as explained to, them that they immediately organized j a corporation composed of bankers j and farmers with a capital of $;>00,30Q~ Later $138,000 in money was collected and the remainder was ^naranteed by the bankers. Spartanburg county will build seven, ware houses. I have been asked to aid in similar organizations throughout the ttafce, but, of course I can't spare the time from my duties in Washington. 3ut the work is of the greatest importance, and it should be done, even if the farmers be required to do <it on their own initiative." Commissioner Lever was asked for \ 'lis opinion regarding the scheme of W. P. G. Harding, governor of the > -i-. * federal reserve Doara, a scireme iui ihe organization of farmers and business men of the South into the cotion export corporation with sufficient capital to sell to Europe on long credit. "I never opposed that scheme," raid Mt. Lever. "It is all right. There is danger, however, in the fact that he farmers of the country have -'.ever considered the necessity of paying the right man a handsome alary. The farmers would have the noting strength and it might happen hat they would name a man as head ** nrVinco V?Y?{jin?! fnn 1 rl i 1 CI Lilt; UWpuiauuu nuvov e measured in a thimble, and think . ihat they were indulging in charity /hen t^>y agree to pay $2,500 per ..nnum "The head of the corporation . hould be a man with a big brain with an understanding of European inance and politics a man like Mr. . larding or Charles <Schwab, deserv, ig a salary of from $25,000 to $40,00." .TRONG SENTIMENT FOUND FOR LEAGUE ' - _ [ snator Overman Investigates Situation in South?Ratification of Treaty Wanted I Washington, Sept. 22.?Sentiment ' i Southern States is overwhelming j in favor of the league of nations . id for immediate ratification of the ermany peace treaty without amnd. :ant or reservation, Senator Over. an, democrat of North Carolina, de* - *- -J 'Uio rofn-rn 'from a ? area xoaay upuu mo . \ sit in his home state. With ratification of the treaty, the DUth expects impetus in commercial J . -tivity and general prosperity. , ?! . .ik Your Soldier Boy How "Cooties" J Got Such a Hold. He'll tell you that the battlefronts ! ' < Europe were swarming with rats,: hich carried the dangerous vermin ; d caused our men misery. Don't ; rats brin,? disease into your home, i he.: you see the first one get RAT- ; A P. That will finish th.m quick, j roe sizes, 25c, 50c, .$1.00. Sold i \ <ruarantjed by Gilder and Week.* Co. I A Voice From Sio PE-R Worth Its W Yon cannot mistake the words < Street, Sioux City, Iowa. He is en* the merits of PE-RU-NA and want , cent letter from him :? n. There are thousands just like convinced by a trial of PE-RU-NA. DON'T BE AN UNBELIEVEI If your trouble is of a catarrhal i friends. It is fine after an attack of mow Everywnere FOR CATARRH AND CJ Give Tl The G i 4 POSTUM i for their 1 That will ' those coff< which freqi in headacn indigestion lessness. "There's At Gi * Two sizes, usually 11 ' ji^ The gift IW/Tk A usually ? ml good taste .? IK When you t remember t Ilk i^s^f n( JjlljM HOLMES 1 NOTICE OF FINAL SETTLEMENT We will make a final settlement of the estate of J. H. P. Cromer in the Probate Court for Newberry county, S. C., on Friday, the 17th day of October, 1019, at 10 o'clock in the forenoon and will immediately thereafter ask for our discharge as administrate of said estate. : --ii ri .. jjUiic: ingrain, Annie L: Graham. ' A Newberry, S. C., .Sept. 11th, lbT?9. 1 ux City, iowa, says UNA UULi |M PKlrl ciym in uuiu >f Mr. W. W. Northrup, of 908 Fourth j husiastic about his present health and s everyone to know it. Here is a re*TE-RU-NA Is worth iti weight in gold (hen some. I used to think it only a wol's remedy but have changed my mind, id a cough, especially in the morning. ?r using hal/ a bottle of PE-RU-NA wai , Abetter. I would cough up chunks of :gm and mucus, my eyes itched and DothIme. Judging from the symptoms given out almanac it was catarrh. My stomach much better condition since using your lidae." "Use this testimonial, if you wish. Don't tale to advertise the merits of PV-RU-NA." {Signed) W. W. NORTHRUP. ( ! Mr. Northrup, skeptical at first but nature, try PE-RU-NA, then tell your grip or Spanitn Tablets or Liquid tTARRHAL CONDITION0 ? ST i I ! ! \e FolKs ! I trig'inal ! Cereal j t ! i :able drink. .j dispose of ee troubles I uently show e, irritability, and sleep- I I i a Reason" rocers. | i sold at 15c and 25c j ? S/^BBSSSfSf /) \ |r \ expresses the X# i of the givet Kink of sweets jSg|| | :o send? ^|fp >t just candy? but I I ' NHTIPF np FIN AI. SETTLEMENT! ,1 """" ! i ! 1; I will make a final settlement of > | the estate of Jacob A. Shealy in the; Probate Court for Newberry county,: ' i S. C., on Wednesday, the 8th day of -October, 1919, at 10 o'clock in the I forenoon and will immediately thereJ . ^ . I : after ask ^or my dis.Vir^e cs aammistrx trix o. ssM c? ate. Ma:- ha 3. SVaV, ! . A a .21.:. ' er -v, S. Sent. t I'-IJ. i Alt Stee nrvn\ tURl1 Absolutely Rat Pi A Scientifii THESE GALVAI CHEAPER THHA? STOP FEEDING OF YOUR CORN A YOURSTOCK Wn INATED BY RATS SIZES FROM 100 ' WnuSJ Nl Don't Sacri SE Condens The National Newberr From report to tl Showing Condition at RESOURCES . Loans and Investments ... $ 935 Liberty Bonds and War Savings Stamps t 220 United States Bonds .... 100, Cash and due from Banks and United States Treasury. . . 125, ?i 001 JMOl, THE NATIONAL B B. C MATTHFAVS, T, President. | state, -v~oimiy \ Member Fz t i ^ tm b ai mn mi ^ . . _ 1 Galvai I CRIi roof and Fire Pi c Ventilating Sysl ' / UZED STEEL BUILDIN J WOOD. THE RATS 10 TO 20 PE ND OATS AND STOP F. DH CORN AND OATS C( i >. TO 3,000 BUSHELS CA < 4ATTH] swberry, S. C. f V mce i our i E US # 1844 icu oiaicn OF I Bank of N( y, South Carolii lie Comptroller of the Cui the Close of Business LIAB ,823.01 Capital Stock . . . . Surplus and Undivided Profi ,583.13 Circulation nnnnn DePosits ,uuv.vv Bills Payable (secured by Bonds) . . . . 230.67 Bills Payable and Rediscon 636.81 IANK OF NEWBE1 . K. JOHNSTONE, 1 Cashier. and City D Reserve Svsfi # v?v a ^ ^ " '? * ? >M<*?m ? IfT^Vn ?MM?W?8 J lized B5! 'oof With bm LVIU *> GS ARE . R CENT. EEDING 3NTAM PACITY EWS . Cotton \ ? lent / ewberry la rency June 30, 1919 1LITIES 1 . . $ 100,000.00 ts . . 34,600.51 I . . 100,000.00 j . . 841,350.97 Liberfr . . 177,000.00 Bts . 128,685.33 $1,381,636.81 ! | 1 8RY.S.C. ; W. W. CROMER Assistant Cashier. ' epositoiry \ im \ . s a