Historical Newspapers of South Carolina

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HT GEORGETOWN MAN f 0 HEADS BANKERS By Resolutions Adopted Opposing Par Clearance of Checks?American KT Cotton Associsation Indorsed. Greenville, June 24.?With an inV forma] but thoroughly enjoyable ban~tUfl rivoonvillp Woman's col rtjUC L el I l>il^ vi a W4* * ? .. Uege tonight, the 20th annual convention of the South Carolina Bankers^ association came to a close. Election of officers, the passage of a resolution opposing the par clearance of checks, the adoption of another resolution indorsing the work of the American Cotton association, and ( other important resolutions, were interesting features of the business sesi sion of the convention today. Several addresses of interest were heard. U > Officers for the-coming year were ^ j _ n w. Fraser of ^ C16CICQ <i!S iw;u?o. ... Georgetown, president; E. P. Grice ? of Charleston, vice president; Lee G. * Holleman of Anderson, secretary and treasurer, and B. Hart Moss of Ori - angeburg, attorney. I Automobile Ride. i j During the afternoon the bankers were taken for an automobile ride to Paris mountain and other points of interest. It is generally conceded by the visitors that the convention has been one of the most enjoyable and v L fl-io nsso successful in tne nisuu-y ^ ciation. . : I A large and beautiful silver loving I cup was presented to the retiring president, A. E. Padgett, the presentation being made by H. 1>. Calhoun of Barnwell. ] The proposed plan of par clearance of checks, advocated by the fed- ( eral reserve bank, occupied the attention of the convention during a .good portion of the day. After a" talk by Thomas J. Shackelford of1 Ga.. attorney for the Ameri?__ 0 - f can Cotton association, William o. Ingle of Baltimore, of the federal 1 reserve board, addressed the convention in behalf of the par clearance ' of checks plan. He was followed by 1 ^John S. Peters of Manchester, Ga., - an opponent of the par clearance 1 I plan. After some discussion the con- J vention adopted a resolution that the i body go on record as "opposed to the ; efforts of the federal reserve bank to . enforce par collection of all checks 1 # through all banks regardless of con- < nections or locations.'' The resolu- ' tion opposing par clearance also called for-a committee of three from the 1 association to cooperate with other J agencies in the best rheans to resist < +v? pnar clearance ruling. J - - ~ ~ ^ v" "X A proposal to provide $4UU xor ' agricultural extension work at Clem- 1 son college which had been unfavor- i > ably reported by the resolutions committee, was unanimously adopted, following addresses by J. S. Wanna- maker of St. Matthews and others, j1 Criticizes Exchange. 1 Declaring that "the New York cot- ' ton exchange is a criminal agency to * #beat down the price of cotton," Mr. ' Shackelford scatchingly criticized 1 the onerations and practices of the 1 ??v,o?ore, an address today before 1 CAVlJUit^v the association. ; Mr. Shackelford said the ex- J change's existence now is for one 1 purpose and that is to depress the 5 price of cotton. "Fortunately, it j has had but little elfect this year," ' he said. "The business has been 1 greatly reduced on account of its un- 1 potton and because s itiinicsi the South is divorcing itself from the % New York exchange. There never ? was any reason for any cotton ex- ' ' change being in New York, 1,500 J miles from the cotton fields. It was ; installed there just after the Confed- 1 f'erate war becauce we had no money, j but the amount of spot cotton there , has decreased steadily since 1885. "The time has come when we must * divorce our service from New York 1 ' ~ oetoWieVl q f?ot cotton excnan^e auu ton center in t^e South," he con- J eluded. < Solution for Unrest. "Commercial enterprise must learn, must be forcibly taught if ] necessary, that every dollar exploit- < ed from human necessity and from i human toil, beyond a fair return for j invested caDital and fair compensa- < tion for directing genius, is a crime ( against the state; and labor must ^ learn that he who refuses to give a ^ 9 ' full and honest day's labor and full j day's production for a fair day's pay ( is equally an enemy to his country." } In these words Judge Charles Lob- , -farm loan eommissione' UCil, AU.... of Washington, D. C., offered a solu- i tion for the present social and econ- ( omic unrest in the country today in , an address before the convention this j afternoon. Judge Lrobdell urged , home ownership, farm improvement , and justice to labor. His address 1 proved one of the features of the j convention program. < Prohibition and woman suffrage t were both indorsed by A. E. ^adgett, ] retiring president of the association, i in his annual address yesterday. j One can not mingle '"'* the t ~ "" i _ 1 1 bankers of the state assemoieu nere without feeling that the finances of ? the country are sound and that there j 4f 'are no breakers ahead. There is a j universal feeling that the country has ? been and is wildly extravagant and j that this must be stopped to avoid ? trouble. There is also a universal j determination to put an end to all loans, not for the best busig^ss pur- 1 poses. Indeed, the facts seAi to be < that there is no money for anything , rtiea onH ?r?j-rf?plv prtoup'h for that at , W**v? wvv**, wV o ? the present time. ' The sentiment is that the present B stringency will continue for about 60 days when the crop movement will somewhat relieve matters, but that even then so far as the bankers are j concerned speculative dealings are at , an end except for those who have the 1 cash. , ! There is no evidence of financial ] distress, but the stock brokers have ; nearly gone out of business and those who bought on margins are work ing for their daily bread. < Subscribe to The Herald and News $2.00 a y?ar. r > . E. T. C/ MERCHAN having moved to business next to barber shoo. Calc pared to do all w Deals in the best Prices to suit the New suits made t ?i ?i repaiieu auu mai E. T. Ct> BOOM FOR McADOO I SEEMS TO THRIVE Only One Avowed Aspirant for Nomination on Scene, Owen of Oklahoma. San Francisco, June 24.?Despite; W. G. McAdoo's announcement thatj he would not be a candidate for the; Democratic presidential nomination, i in I his name recurs very nequciiM^ . gossip in national convention circles, t The McAdoo boom^.for the roots and war chests of which the senate cam-! paign investigating committee sought in vain, appears to thrive even ! against the frosty attitude of Mr. J McAdoo himself. Its chief charac-i Hovic+iV mntinues to be the same in-: tangible quality that daunted the. senatorial boom investigators. j On the surface McAdoo supporters ' iiave accepted his dictum and public-: [y transferred their allegiance to j >ther candidates. There is something: about their alacrity, however, that! makes other Democrats here wonder j svhether they will "stay put" in their [iew affiliations. Have Not Lost Hope. Privately, some of these former j McAdoo supporters admit they have j not lost hope that he will be the j nominee. They state their case bluntly. The business of the convenl:_? ?rtTYii'rn?tp a man who can | i/i WIl IO IV v. be elected, they say. They regard! :he Republican ticket and platform J is "encouraging" from a Democratic j point of view and believe that the .->rass tacks of politics will dictate tfcAdoo's nomination as the man I ?t-- ----1^3 ka oior^prl T'hev are I ?VI1U CUU1U ? shaping their present course, theyj admitted, in anticipation of a dead-| ock between Attorney General Pal-j mer, Governor Cox and the other ( prominent aspirants and a general swing to McAdoo at that point which vvould result in his selection. Meanwhile representatives of oth?r candidates have been busy map3ing out their campaigns. They also foresee a deadlock in the balloting! md it was indicated today that some | ;hought was being given to the num oer of ballots supporters of particu-| ar candidates would be asKea to stock and to whom their support .vould go after that time. Neighborly considerations, it is said, are apt to play a part in the rourse of delegates from Pennsylvana, Ohio and West Virginia, when the jxpected break up comes. Each state has a candidate in the field? Palmer from Pennsylvania, Cox from Dhio, and John W. Davis from West Virginia. Should the early ballotng make it appear that the neces>ary two-thirds majority to nominate :ould not be obtained for Palmer or Jox, Davis supporters claimed today .1.^4. un tttmIa }nhf?rit the Pennsylvan Ucll/ lie 11 UU1U ..... a and Ohio delegations. They anticipated a general surge toward Davis inder the impetus furnished by tHese owerful blocks of votes. Arrival of Senator Glass of Virginia added nothing today to the iiscussions as to candidates. There j *vas nothing to indicate that he! Drought any message or suggestion! :>n that subject from his conference! ivith President Wilson. The' sena-; ;or"s own views were not disclosed in such statements as he has made' since his arrival. i He has been generally classed, .lowever, among those prominent Democratic leaders who are strong relievers in Mr. McAdoo's availabili;y for the nomination. of Vice President Mar-' wv -hall for the nomination looked at I :he situation today much as did the j Davis adherents. They thought Mar- j shall would figure very prominently! f a deadlock developed as expected, j >nd their plans were drawn with that' in' mind. The only presidential candidate: on the ground today receiving delerates and visitors was Senator Owen 5f Oklahoma. He did not discuss hisj :hance for the nomination but wasj filling: to talk about the platform. | He declared it should be short andj should be written in the simplest / English and should emphasize the 'all embracing" doctrine of popular government, adding that it should leclare for the faithful execution of :he 18th amendment. Attorney General Palmer will arrive tomorrow, accompanied by Mrs. palmer and Dersonal fiends. Headquarters of Governor Ed warns oi iN'ew Jersey, avowea wet candidate for the presidential nomination, showed activity today with t.he arrival of Walter Vick, chief manager of the Edwards boom. - r iRLSON T TAILOR his new place of Harvey Reese's Iwell street is preork in his line. j J i material. i i times. o fit and old suits le to look new. | i" nv r?/\\T " I LKL3UI> j 1 mammmmmammmmm&mmmB*mmmmmmmm\ Disappointment was expressed by J many Edwards supporters over the inability of the New Jersey governor! ! to come in person. Preceding the arrival of the bulk j of the Ohio delegation, Lnere were i no developments in the campaign of; Governor Cox. In fact,, there was no{ great activity at a?iy of ihe head-. nn +Un Ki(T Vlicll HplPPfltftS Lj Hell IC1S CIO bile Ulg, t uw? UA will not begin until tomorrow. San Francisco, .June 24.?A new. feature for a political convention j was introduced today when a nomi-j nation lightning rod was jointly j erected for Secretary Mere lith and| Former Ambassador Gerard. It took : the shape of headquarters at a local; hotel presided over by I. T. Jones of j Des Moines. Meredith workers arej established in a connecting room on one side of the central o.Tice and Gerard supporters ' similarly placed on the other side. Speaking for! both candidates, Mr. Jo'ies said the! situation was shaping itself t,-ncour-j agingly for one or both of t'/C.n. Subscribe to The Herald and Newsj p> riun^E.. / f Notice is hereby given that having j lost stock certificate No. 307 for! three shares of stock in the Farmers j Oil Mill, I will apply for renewal of; said certificate. j L. C. PITTS. June 23, 1920. 6-25-2wp NOTICE Notice is hereby given that having j lost stock certificate No. 128 for ten] - ?* -?-> a:I i shares of st&cK in. me rarmers uii| Mill, I will apply for renewal of said certificate. R. C. PERRY. Jure 23, 1920. 6-25-2wp CITATION OF LETTERS OF ADMINISTRATION. The States of South Carolina? County of Newberry. By W. F. Ewart, Probate Judge. Whereas, Arthur J. Martin has made suit to me to gram him Letters of Administration of.the estate and effects of Mai verse Martin These are, therefore, to cite and admonish all and singular the kindled and creditors of the said Malverse Martin, deceased, that they be ' and appear before me, in the Court ' of Probate, to be held at Newberry, S. C., on Thursday, 15th July next, after publication hereof, at 11 ; o'clock in the forenoon, to show ' cause, if any they hav^, why the said ' Administration should not be grant- ; ed. Given under my hand this -24th day of June Anno Domini, 1920. W. F. EWART/ J. P. N. C. . NOTICE. All persons holing claims affpinst the estate of Mrs. R. Cummings McPA J/vAAAnn/) QQfM/i v<ai iiia^ uc\coccuj mu ^icocuv oaxu^f duly attested, to me or my Attorneys Hunt, Hunt and Hunter, Newberry, S. C., cn or before the 25th day of June, 1920. T. P. McCartha,'. Administrator of the personal estate of Mrs. R. Cummings McCartha, deceased. May 26th, 1920. STOCKHOLDERS MEETING. The annual meeting of the stockholders of the Farmers Oil Mill will/ be held in the court house at Newber- j ry, S. C., on Saturday, June 26, 1920, f. at 11 o'clock, for the election of di-! rectors for the ensuing year, and for che transaction of other business. Please attend in person or by proxy. J. H. WICKER, 6-1 l-5t . Manager. SCHOLARSHIP AND ENTRANCE j EXAMINATION The examination for the award of j, vacant Scholarships in Winthrop |; College and for the admission of new j students will be held at the County! Court House on Friday, July 2, at' 9 a. m. Applicants must not be less!, than sixteen years of age. When I Scholarships are vacant after July 2 j they will be awarded to those making , the highest average at this examina-| tion, provided they meet the condi-j. tions governing the award. Appli- i, cants for scholarships should write toj, ' T i i _ J* j.u - : : .President jonnsori Deiore tne exanu-1 nation for scholarship examination | ' blanks. Scholarships are worth $100 and free tuition. The next session will open September 15th, 1920.. For; further information and catalogue, ? t n r> r> 1 _ 1 ' aaaress rres. u x>. joncion, Hill, S. C ' r ! J^Zi Sun Fo: Trit THE SU1 winter an wide rani man en t t Breezes a will. Ra your com . i j ' cuts off y j Now the1 ible conv Springs, s Tourin*, | Pr 71 4 I ... I .... I I I ?II?n J Stomach Out of Fix? 'Phone your, grocer or druggist for a d'.7en bottles of this delicious digestant,? a glass with meals gives delightful relief, or no charge for the first dozen used. Shivar Ale PURE DIGESTIVE AROMAFICS WITH SHIVAR MINERAL WATER AND GINGER Nothing like it for renovating old worn-out. stomachs, converting tood inVo rich blood and sound .flesh. Bottled and guaranteed by the cele* hrated Shivar Mineral Spring, Shel ton, S. C. If your regular deaiei cannot supply you telephone J. W. KIBLER CO., ' Distributors for Newberry. NOTICE OF FINAL SETTLEMENT I will make a final settlement of -1 - -J?J.- -J> XT +VlQ cne estate ui ixcwluh uiuwu iu Probate Court for Newberry County, S. C., on Monday, the 26th day of July, 1920, at 10 o'clock in the forenoon and will immediately thereafter ask for my discharge as Administratrix of said estate. MARY BROWN, Administratrix. Newberry, S. C., June 15, 1920. MvivjriuH B? NOTICE OF ELECTION To Be Held in Newberry School District on the Question of Voting an Additional Tax of Three Mills for School Purposes in Said School District. | , I Whereas, the" "following petition has been filed with the board of trustees of Newberrv School District, No. 1: j "We, the undersigned, qualified electors and resident freeholders of) age of twenty-one years, of Newberry School District, No. 1, of Newberry f!nnntv. Smith Carolina, hereby ! J w w "j y ?' ? . t request that an election be held in said District for the purpose of vot-i ing an additional tax of three mills! to be used for school purposes in j said District": I And whereas, thr: said petition isJ signed by more than one-third of the qualified electors residing in said; School District; And whereas, upon hearing and filing the said petition the Board of Trustees of the said School District adopted a resolution ordering an election to be held on the third day of July. 1920, on the question ofj voting the said increase of three mills tax: and appointed managers! of the said election; and authorized lmer Reas - tu;? L 1 llld OCU lex Springs Insure Riding Comfort on All Ros Overland Four-Door Sedan Insures Comfort In All Weather PERIORITY of the Sedan for id spring is even more emphasiz ge of summer motoring. It's t op is a cooler shield from boi] a/4 AV/ 1 C 11 CCiy dUllillLVU VI vaj wx> in, dust and sudden cold, are shi mand by heavy plate glass whi our vision or leaves you feeling "! Overland Sedan adds to all this enience, the riding comfort oi ind extraordinary light weight e ,$985: Roadster. $9?5: Coupe, $1525; Sedan ii-m f h. Toledo, subicct to change without notice OVERLAND NEWBERRY CO. >hone 333 Newberry, S. C. 4 nnp dA ?>?,? ; HHHHBHBHHBHni We have secured ) official league bai ! Y. M. C. A. stock wvmKi Att ** 4" ^ 1 CJA O VdlUCO) Gil. <pj.?o?vr o Gilder & ] i i \he chairman and Secretary of the j said Board of Trustees to give due ! legal notice of the election; J Now therefore, notice is hereby; j given that an election is ordered and I I will be held in Newberry Schoor Dis- j trict, No. 1. on the third day of July, 1920, on the question of increasing the school tax of the district by a special levy of three mills; that the polls shall be opened at the court house not later than 10 o'clock in the forenoon and kept open until five ' o'clock in the afternoon; that the following persons have been appointed managers to conduct the election: H. L. Speers, J. R. Davidson and S. S .Cunningham; that the qualified elections residing in the said School I ! I We have ai | j ply of nitral | | First come 1 I I I Anderson Phos i * l I r i ? w sons ian i::. * ids. i! , i I ; autumn, ed in the . hick per- * iing sun. * :ludedat i at out at . ch never Shut in." i convertr Triplex economy, . . \ *1575 (. i a r?? ???????mm?mmmm {ALLS / a good supply of Is from the Army Rfimilav* Y1" * ""w md $1.75 each. (Veeks Co. District shall be entitled to vote at the election; That those in favor of the increase in the tax levy shall cast a ballot on which shall be priiited or written, "In favor of three mill tax," and those who are opposed to the levy shall ' ?1?'-T- -1.-11 k* Cast a Daiiot on wmcu aucm vc |;imired or written, "Against three mill tax." By authority of the Board of Trustees of Newberry School District, No. 1, June 17, 1920. W. G. MAYES, Chairman Board of Trustees Newberry School District. Attest: ' J. Y. McFALL, Secretary Board Trustees. * nother supte of soda. 4rst served. > v' ; j phate & Oil Co. I \ I :/ ' i '!