The herald and news. (Newberry S.C.) 1903-1937, March 23, 1920, Page THREE, Image 3
JUNIUS T. LILES
NOT A CANDIDATE
For Reelection as Lieutenant Governor,
He Says?Other Names
Mentioned.
News and Courier.
Columbia, March IS.?Because of
/ increased business responsibilities.
t Junius T. Liles of Orangeburg, lieu
tenant governor of South Carolina,
Wf will not make the race for reelection
W in the primaries next summer, yci
-cording to an announcement made
over long distance telephone tonight
to the local correspondent of The
News and Courier,
k A telephonic conversation with
George Warren of Hampton, soliciHtor
of the Fourteenth judicial cirMfc*uit,
who was at Beaufort tonight,
^BvvmiirrVit in-fnrmntirm that in all prob
fVlUU^llW V* _
ability he might be a candidate to
succeed Mr. Liles, but various circumstances
prevented him from making
a definite announcement at this
time.
Among others mentioned recently,
should Mr. Liles decide not to run
for reelection, are Wilson G. Harvey,
a banker of Charleston, and W. P.
Conyers of Greenville, member of
the board of pardons.
Among the others recently mcnas
nositive candidates for the
A second executive office of the state
^^are: J. Howard Moore, senator from
HpAbbeville county, and John F. WilH^liams,
senator from Aiken county,
W but neither of these two legislators
have signified their determination.
Walter L. Mishoe, representative
from Horry county, made a tentative
announcement for lieutenant governor
recentlv, but he had not decided
\
\ if he ^positively would be in the race,
V although urged to do so by many of
flhis fellow members in the house of
^representatives.
By Octavus Cohen.
Octavus Cohen of Monck's Corner
r and Charleston announced some time
^ wftniH rknnose Mr. Liles.
Hi?U Lliai- lie *rr
Mr. Cohen made a very cerditable
Tace during the last campaign.
s The retiring lieutenant governor
k has had a very creditable legislative
I record. He was elected as a member
of the house six years ago and
served in the lower body for four
years, part of the time as chairman
of the ways and means committee.
He has been the author and sponsor
of some of the most progressive legislation
placed on the statute books
in recent years and was one of the
leaders in the lower body during the
administration of Governor Manning.
George Warren, more prominently
'mentioned as a candidate for lieutenant
governor, is one of the youn^elected
judge of the new circuit. He
represented his county, Hampton, in
the lower house before his election
as solicitor.? It was his efforts which
created the new Fourteenth circuit in
1916 and he was rewarded by his contemporary
legislators by being
elected judge of th enew circuit. He
<iid not expect a thing, he said, and
declined the nomination on the plea
'that he was too young a member of
the bar.
The present jurist, Judge Peuri*
foy, was then elected. As a usual
thing the office of lieutenant governor
has created very small attention
in campaign years, but this year, with
a wealth of good men in the offing,
the probabilities are that it will be
a compelling factor in the coming
campaign.
Harvey Enters Race.
"Thp State.
Wilson G. Harvey of Charleston
will be in the race this summer for
the office of lieutenant governor. Mr.
Harvey is a prominent banker, being
president of the Enterprise bank of
Charleston, and has been closely
identified with fraternal order activities.
This is the first time Charleston
has had a candidate for a state
office in a long time, and should Mr.
Harvey be .elected he would be a
capable and dignified state official.
Octavus Cohen of Moncks Corner
*? ? -P/-1V flit* nffifp
IS 3150 a lanuiuavc xvi. v.?
and J. L. Sherard of Anderson, former
state senator, and T. H. Peeples
of Columbia, former attorney gen,
vral, have also been mentioned as
' likely entrants.
^COTTON AND
BONDED WAREHOUSES
>
Dy Ex-Congressman A. F. Lever,
Member of the National Federal
Farm Loan Board.
Strange as it may seem, the producer
of cotton, of all its many handlers,
has the least voice in fixing
its price. It would seem logical that
one who has something to sell which
is his by reason of his own efforts
should fix absolutely the price at
4 which he departs with it. The merchant
who has a bolt of cotton cloth
on his shelf does not ask his customer
what he will give for it, but
tells him what he will take for it,
and if the customer is not satisfied
with the price'asked, the bolt of
cloth remains upon the shelf of the
merchant. When the cotton farmer,
however, drives his load of cotton
into town he goes through the anom>
alous performance of goinp from one
cotton merchant to another, askingthese
purchasers, customers, what
they will jrive for the cotton, and if
. the price offered is not satisfactory,
the farmer is in the position of either
having to take the unsatisfactory
price or of hauling: his cotton back
home.
Such a system, or more accurately,
lack of system, has brought about an
economic and social tragedy in the
life of the South, for the South is
furthest behind in education, the
means of transportation, roads,
churches, and such other factors as
go to uplift and broaden civilization,
of any section of the country.
! The outbreak of the world war in
1914 taught the people of this country
how utterly unprepared they were
in many respects. For example, it
fr?TinH th.it. wo were denendent
upon two foreign nations for two of
, the necessary elements of a commercial
fertilizer?for nitrate of soda
we were dependent upon Chile, and
i for potash, upon Germany.
The most striking thing brought
out by the European crash, so far
: as the South is concerned, was the
| fact that we had no real system of
cotton distribution. As a result, it
j will be remembered, that'cotton fell
in price from 13 or 14 cents per
, pound to five and six cents per pound,
and that, too, almost over.-, night,
i The truth is that until tHe federal
reserve system began to function in
1 the fall of that vear, there was' rio
i 7
; genuine market for cotton. It was
| peddled upon the streets and those
who needed it bought it at the figures
they themselves fixed, without any
preference whatever to what purchasers
in neighboring towns might
j be paying. If it had not been for
the vigorous action of the then secretary
of the treasury, followed by
i t.hp onenine un of the federal reserve
j system for business, the cotton crop
of 1914 would have been completely
sacrificed, and bankruptcy would
, have overtaken the Sputh.
The Federal Reserve Act.
j Fortunately, such a situation need
not ever again arise in the South. A
, wise legislative foresight makes such
a catastrophe wholly impossible if
the people of the South?producers,
; distributors, merchants, business men
| and all classes of people?will join
(together to take steps which will
give to cotton the full value of the
! measures which congress has adopted
; in behalf of agriculture, and with
j more or less especial reference to
cotton.
i !
I When the federal reserve act, per.
haps the greatest piece of legislation
: ever enacted in this country, was in i
its formative stage in the house, the]
friends of agriculture awoke to the
fact that the provisions of the bill,
while meeting fully the needs ,of
commerce and industry, did not ex.
tend to the matter of furnishing adequate
credits to agriculture. The
credit <paper of the merchant was
made eligible for discount through
evcfom Knt fch** rredit DaDer of
- WIV* Ujr OWV4WJ ? t ^ the
farmer, representing, staple and
non-perishable products, was entirely
| overlooked. Those who knew that
i one of the most serious handicaps unj
der which agriculture had and was
I then laboring was a lack of credit
jwith which to finance farm operaj
tions were quick to nr rshal their
| forces to put into the bul provisions
I which would give relief in the direc;
tion mentioned. The result is that
jpart of Section 13 of the federal re
serve act which provides that notes,
j drafts and bills drawn or issued for
| agricultural purposes, or based on
live stock, and having a maturity not
J- <*i?ri4-Vie mair Ko riijt.
j exceeumg sua mvuwic, ?
| counted through the federal reserve
j banks.
| Further provisions of Section 13.
I allow any member bank to accept
i drafts or bills of exchange for agri!
cultural purposes "which are secured
: at the time of acceptance by a ware!
house receipt or other such docui
ment conveying or securing title
i covering readily marketable staples."
T>> fViQtjrt nrnvieiVinc nf t.hp law OOt
' -III 1-iiVOV pi V? v.. V
ton can find a safe and sane method
; of financing. They open up to it
: the crcdit resources of the financial
.
world, and for the first time relieve
j local credit of the almost impossible
| task of financing this great crop.
| Heretofore, credits extended on coti
ton have been so extended through
| the ordinary notes which are held by
the lending institution, the bank,
which in turn leceived its credit from
one or two financial centers in this
country. The offer of such an institution
to sell any quantity of such
notes secured by cotton in the past
was regarded as an evidence of the
weakness of the institution. In fact
such notes, lacking, as they did, anything
like uniformity, were not a sal
able commodity in the currents of
trade.
The situation since the enactment
of the federal reserve act is entirely
changed. A note having attached
, to it a warehouse receipt, issued from
! a warehouse properly bonded, insured,
and with the further developt
ment of the use of bankers' accept,
ances, a banking process being gradi
ually introduced into this country,
j the financing of cotton should be
come a comparatively simple matter,
and there should be no further difficulty
upon the part of the South to <
care adequately, in a financial way, 1
for its great money crop. j
The Bonded Warehouse. ' i
Kut this can not be done unless i
the intending borrower upon cotton i
makes himself eligible lo enjoy the 1
privileges extended to him under the j
1 TI~ /li'acc li i iiicul f 1
reserve aci. nc muci .
in the proper clothing; he must have s
the necessary password before he 1
may expect the door to open through i
which he must go to receive financial 5
aid. That proper dress and that i
necessary password consist of a ware- i
house receipt which assures title to 1
the cotton. If, therefore, the cotton j1
producer has, for all these years, la- i
bored under the handicap of a lack of 1
credit or capital, and if a warehouse!]
receipt will furnish both of these es- i j
sentials to his prosperity and to the j 1
orderly distribution of his chief pro- j
duct, then it would seem to follow
necessarily that the most important::
thing to the future of the South yet! <
to be done is the establishment of ]
adequate warehouse facilities, under:
governmental regulation and inspec-! i
tion, state or national, or jointlv, is- :
J
suing: uniform receipts. J:
Not only will such a system of,'
warehouses furnish ample credit to ;
the cotton farmer, but it will enable
him to sell his crop over a period of ;
ei.uht or nine months instead of being;;
forced, as now, to sell 70 per cent, of I
it during the months of September,1
October. November and December, J
with the result that, according to j
the most reliable statistics covering a I
period of 25 years, there is always! <
- i
found a depression in the price otj
cotton during these months when it ;
is moving out of the hands of the j
farmers who produce it into the | <
hands of those who manufacture and
} consume it. To put it another way, >
during these four months on the!1
basis of a 12,000,000 bale crop ;
there go upon the market 8,400,000 j
, bales, whereas, if the crop should 1
be marketed over a period of 12 !
months, and there is no sound eco- j?'
nomic reason why this should not be j <
the case, there would come upon the 1
market during these months., only i
4,000,000 bales. The mere state- 1
ment of the fact is all that is neces- <
sary to give proof of the correctness 1
of the figures of the statistician who 1
finds that prices are depressed dur-1
ing these months. The loss in this
respect can not-be figured- We can
onlv surmise, but it stands to reai
*
I son that it must be enormously large,
and the man who produces is the person
who suffers.
I Saving $75,000,000 to Cotton
Farmers.
| A system of warehousing will not
only open the doors to credit and
bring about a system of distributing
the crop over the 12 month period,
* ? i
but it is estimated tnat sucn a system
would save from $50,000,000 to
$75,000,000 annually to the cotton 1
producer, which is now lost to him
through weather waste. Cotton piled
in a lot or under trees with a few
boards thrown over it, practically unprotected
from wind and rain, presents
a picture of almost criminal
negligence. Seventy-five million doilars
distributed through the South 1
among the farmers would buy much 1
in the way of better education for *
farm boys and girls, better home? for '
. them and their parents to live in, bet- j
,ter sanitary arrangements about the
home; it would buy much in the way 1
of running water for the home, and
flights, and rugs upon the floor and J
pictures upon the wall; it would buy
; much in the way of better school 1
.houses, better paid-country school 1
teachers; better churches, better paid
i country preachers; it would mean 1
' much in the way of better breeding k
stock, more and better farm machin- .
ery, better fences, better silos, more 1
/ J r*?a i n ?> cr?
UH4*llV?bV.
Honesty and Competence. ^
j But a system of warehouses will ^
do even more than this. It will lcs,
sen the insurance upon cotton where .
it is insured at all, and it should al-;
.ways be; it will practically insure j
safety from fire, and in addition to i
;1
this it will provide the cotton farmer j,
.with a disinterested, competent, |,
licensed weijrher and prrader. The
i
importance of a disinterested grader, j1
as well as a competent grader, can 11
not be well overstated. There are j
about three classes of cotton graders, |
i namely: Those who are honest ai'dj<
; competent, those who are dishonest j ]
; and competent, and those who are j ^
' n i
j honest ana incompetent, it guuu ,
to believe that the first and last (
classes largely predominate, but it ]
is true, nevertheless, that there are
too many graders who belong to the (
latter class, who are honest, thor-.j
oughly so, but are incompetent. This j,
cl&ss of grader of necessity, as a1
protection against his own incom-J.,
petency in 99 cases out of 100, un-?
der grades the cotton brought to him,
and the person who suffers the dif-j;
ference in the price of grades is the
- * X- * 1- ~ I*
uniortunaie larinur, wnu, muit u?i-> (
fortunately does not know the prade j
of his cotton. |
A system which without doubt ]
j pives adequate credit to the producer i
of cotton, protects him against the 1
necessity of having* to dump theT
bulk of his crop upon the market
during: a few months, which saves
him from .$50,000,000 to $75,000,000
;i year from weather waste, gives him
insurance at the smallest possible
rate, protects his product against
ire, and at the same time furnishes
:o him disinterested and competent
traders, should, it would seem, command
the quickest and most vigorous
^/ilico r\f nonnl<"> nf
5U^j;UI t VI V v t 1 tV 1C4 00 VI V|/* v V- |
he South who have sense enough to
i-ealize that cotton and money arc
synonymous terms with us. Every
farmer should practice diversification
md should make his cotton as near-j
!y a surplus crop as possible, but! *
ivhen all is said and done, the fact {
remains that cotton will continue to J
ae the chief money crop of the South, j
N'ature so intended it to be and it is |
Futile to undertake to move con-1
trary to natural laws.
A Day of Warrhcuzsing.
Those interested in this problem j
should realize, and the importance h
of this can not be too greatly em- j
phasized, that the day of warehous-1
ing is upon us. Neces.-jity is forcing;
it upon us. We ran no: escape it j
if we would. We should nor flee j
from it if we could. If the South is ;
? i
wise, if she is alive to the situation !
(
just ahead of her. all classes of h'ir |
people will join with the farmers, as!
they have done in Sparcanburg coun-1
ty, South Carolina, in the formation !
of cooperatively managed and con- j
trolled and owned warehouses, and i
unless the South moves promptly in !
this matter the lield will he pre- i
empted by those who manufacture j
cotton, and who dasire to buy it as j
cheaply as they can. Influences are j
already at worn, as is pn;uy
ly knov/r. to buiH ana operate a
chain of warehouses throughout the j
South. The promoters of tliis movement
are going to look after their
own interest, and their interest happens
to be i-ie manufacturing Ka?t:
rather than t'iv producing Sou:h.
Will ihe South Act? j
It will bo ii>" i *es;i'i,T : observe,,
as time ;;cos on. what the attitude
jf the South is going: to be toward
;his great economic question. In the ;
irst pl^ce, will she realize the abso-1
lute necessity, from the standpoint J
)f her own welfare, of a system of j
.varehousing, and in the second place, J
i-vill she realize it in time and act <
*rith such promptness a; to keep the |
leld to herself, or will she peVmit it
;o pass into the hands of those whose !
nterest in cotton must be more orj
ess antagonistic to he* own inter- j
jst? Will high prices lull our peo-J
)le into false security, cr will they[
;ake advantage of their present
stronger financial position to secure .
:hemselves against the future by put-.
- * * rt !
;ing themselves in position to ao so' j
m ! <
GENERAL BONNHAM jTO
HELP ON CODE
I j
\nother Appointment to Be Made .
Soon?Act* of Last Decade to i'
{ <
Be Assembled. .
rhe State.
Gen. M. L. Bonham of Anderson *"
las been appointed by Governor;
tn serve with the code com
UWjk/Vi vv
missioner as one of the collaborators
under an act of the recent general assembly
to codify the laws of the last
decade. ;
A great deal of interest throughout
the state has been manifested inthis
code bill. The legal profession
las received it with special gratifica:ion
and look to it rs the means of
laving accomplished h code which in
?verv resDect will be matter of
" * " / *
oride to the state.
The act provides for two collabo-1
rators to assist the code commissioner
in the work of collecting, arranging,
annotating, compiling, indexng
and preparing for the printei- the
statutory laws of the state. It also
provides that the collaborators with 1
the code commission shall among
"heir other duties under the act re- ,
port to the general assemblv of 1921,
all acts or parts of acts which have
been declared unconstitutional, and
such as the collaborators and the
L*ode commissioner deem to be obsolete.
cumulative or repugnant to
general body of the ia;v.
Under the present law of the stat;\
the statutory law >s cocli:ied every
len years. The present cooe is rruu .
?f 1912. The new code will he the
:ode of 1922. The attorney general,
seized upon the opportanity at the j
last session of the general assembly
to recommend and draft the bilT >'
which was passed practically without' apposition
in either house of that j j
body. The governor under the terms j'
}f the act appoints with th? approval I;
jf the attorney gene^ral the two col- i
[aborators. The other appointment j
will be made ifi the near, few daysjj
and the commission will begin its j
arork. j <
The "lounge" which is carried bylj
in airship is claimed to be a life- <
>aver for at least five persons in case <
;>f accident while flying over water.
The zircon, found in Norway, Cey-|^
ion and other parts of the world has}
been suggested as a substitute for j
the diamond. I
WELE
Do not throw broken mac
away. Let me weld them for
and time. We handle all k
your entire satisfaction. I a
| repairing at prices to please 3
iii? and it will be promptly dc
r* j ?.
v^urrcsjjunucin
Jas. E. S
Little Mount
j
ITHCTTH
CARTER
I LITTLE LIVER
IfUSNgSS
HOWMMUMSaMnaBBHiaBaHKaaBBBMBi
^ ^1ARR
i il K li* ^
: : l^AJ -i^OJLL
)?/ THE BEST AT.
* duett. Ptabody <? O
????? ??BMUJM?C ?
Miller's Antiseptic OH? Known m | ^
Snake Oil 1;
Will Positively Relieve Fain in a Few
Minnies
Try it right now for Rheumatism,
Neuralgia, Lumbago, sore, stiff and swollen
joints, pain in the bead, back and
limbs, corns, bunions, etc. After one
application pain usually disappears as
if by magic. P
A new remedy used externally for C
Coughs, Colds, Croup, Influenza, Sore
Throat, Diphtheria and Tonsilitis.
This oil is conceded to be the most
penetrating remedy known. Its prompt
and Immediate effect in relieving pain
is due to the fact that it penetrates to
the affected parts at once. As an illustration,
pour ten drops on the thickest
piece of sole leather and It will penetrate
this substance through and through
in three minutes.
Accept no substitute. This great oil
is golden red color only. Manufactured
by Herb Juice Medicine Co. only. Get
WILDER & WEEKS, Newberry, S. C. Uj
666 quickly relieves Colds end
LaGrippe, Constipation, Biliousness,
Loss of Appetite and Headaches.
L-13-10t 1
"Ctthnte VHU Malt* Ymt tWf Lstf, *"
| bA M Pj J* I | ||
B Va V'H K SB'k I I ? I
^"KINKYHAIR
^"Every woman can
^ gS^E eaya May Gilbert. "My |
" *?eh?? knar by using- '
^^^ESSrSass? s I
Don't be foolodby fakeEink RemeTm. Yon I
can't straighten jrocr hmir until It's aoft end
long. Our pomadd removes dandnaff, feeds the
roots of the bair asd makes it grow long and
silky.
Wo make Exetento Skin Reautifler. an
Cjntnient f?r dark, sallow akin. Used in
irrauucuii vt imii uuuutco*
PEICEOF EACH 2Sc IN STAMPS OX COIN
EXEIEHTO MEDICINE CO., Atlapia. E-.
JI Ash YourDealer^jjSj^l!
| Grand Prize
: Firearms 6 Ammunition |g j
5 V/fite for Catalogue ||i j
s THE REMINGTON ARMS U.M.C.CO.INC
v,OO?.~O?tx ?U0<A NOTICE
OF SALE OF REAL j 1
. EST A Jr.. ! |
Under and by authority of the last j i
Will and Testament of Sallie C. j |
Metts, deceased. I will sell to the
highest bidder before the Court
House at Newberry, South Carolina,
>n Monday. Salesdav, April 5th,
L920, at eleven o'clock a. m., or
immediately after the Judicial sales,
*11 that piece, parcel or tract of land ?
yirtg and being situate about onelalf
mile south of Slighs and two
niles west of Little Mountain, in the
bounty of Newberry, State of South
Carolina, containing sixty-one (61) c?
icres, more or less, and bounded by 5?
ands of E. R. Shealy, formerly lands
}f George W. Bowers, deceased, lands
>f George A. Counts, lands of J. H. ?
Wise and perhaps others. Terms of
jale, cash. Purchaser to pay for
papers and revenue stamps.
JOHN B. LATHAN,
As Executor of the last Will and
Testament of bailie <J. Melts, j ?
deceased. j
>ING
:hinery and auto parts
you and save you money !
:inds of welding jobs to
Iso do all kinds of auto
:ou. Ship me your weldvnn
vuf nvriorl
anu i V/LUIII^U. :e
Solicited
ihealy
a,in, S? C. '
a REMARKABLE BEAUTIFYING nOKA- vj
ABSOLUTELY HARMLESS. ALL SHADES. ~ M
ECTION. WHY NOT RETAIN YOUR YOUTHFUL U
XT ASK YOUR FAVQROE DEALER FOR f|
INC HOLD-TIGHT ROUGE, 35c A BOX M
rt ADOLPH KLAR U
TH AVENUE ?-f ww NEW YORK [| .
FOR 9
O SIXTY YEARS I
^ THE WORLD'S T
\ MOST PERFECT I
eSSA LIVER and BOWEL jl
[tOt*. 1 REGULATOR. I
jojy DEMAND.THE GENUINE M
Signature j
.wra ,
,ARS f& J
% THE PRICE
j.. Inc., Trojf, N. 7.
\
PTING ELECTRIC CO.
BEN M. EPTING, Proprietor
lectrical Supplies, Repairerers
and Contractors
1306 Main St.
??>; >< A?M> CaneUtid Bros.' Store
i
Phone 242.
.-U
avMaMBBMMMMMIMMMMMMnttaMM
^!wMy I
'your M
liver works V
JAl of your m
inside works are flg
&-ot to be all rieht A
. ?otherwise not so. V
^ Then look after your M
liver, see that It runs m
"smooth and steady"; W
fHKr that it doesn't get clog- B
UV gred up or skip a cog* and M
throw the whole machinery
V *out of gear. m
9 Dr. Tkacher'i I
I Liver^and Blood K
m is a Liver Regulator, a Blood
V Purifier, a Laxative and a w
M Tonic of 67 years standing; m
Ime ficsvripuuu ui itu oia
family doctor of large prac- g
tice; a standard remedy for wk
the whole family from the 0
children to the .grand m
"About three years ago, I was V
all run dem-n in health, weighed B
only 104} lbs., and getting worse
every dar. I began the use of S
DR. TilACIIER'S LIVER AND W
ELOOD SYKUP, and today I SBj
am thankful k> say that I'm in W
perfect health, and weigh 115 tsf '
lbs., and attribute my good tH
health to the use of that Jw
most wonderful m e d 1 c i n e? JgSu
DR. THACIIICR'S J r. ICR AND
BLOOD SYRUP, lly husband
joins me in recommending
BIUJ* great ionic.? V]XS. iHHHW
C. L. Chadwick. A It
^ THAGHEB
jftt Chattanooga. iwHjL^?j
3g Tffla.
I ^ lJf?TiIjj3 ?il
K aj'yTTlji
ESTATE NOTICE.
All persons holding claims against
e estate of Mary E. Bushardt, deased,
will present same, duly attest,
to me or my attorneys, Hunt,
jnt and Hunter, Newberry, S. C.,
i or before the 7th day of April,
20..
the last Will and Testament of
O. B. Cannon, as Executor of the
last Will and Testament 01 Mary
E. Bushardt, deceased.
March 12th, 1020.
3-I2-3t-ltaw
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