The herald and news. (Newberry S.C.) 1903-1937, August 27, 1920, Page FIVE, Image 5
COTTON MEN PLAN
DRASTIC MEASURES
Wanna maker Would Organize Gigantic
Corporation.?Will Reduce
Acreage.
Thp Stafp
J. Skottowe Wannamaker, president
of the American Cotton association,
last night outlined the program
of action which he will ask the big
cotton meeting to be held in Columbia
on Wednesday, August 25, to
adopt. Every other state in the cotton
belt will be asked to fololw suit.
The program calls for the formation
of an export trading corporation
with a capital stock of 1,000,000
bales of cotton, all "stock to be
paid in cotton; the retirement .f 25
per cent, of the growing crop from
the market; a most drastic reduction
in the acreage of the 1921 crop; the
adoption of a plan of cooperative
~ * * xi. .
marketing; prohibition 01 ine imputation
of oriental, oils and taking of
steps looking to legislation requiring
that all cotton be classed upon American
classification.
The meeting in Columbia on Wednesday
promises to be one of the
most largely attended cotton meetinopc
orer in the South and a de
finite concrete program of action to
be followed by the people of the
South in their fight for a fair price
for their cotton will be adopted.
Mr. Wannamaker announced yesterday
that he would submit the following
recommendations to each
state division:
Export Trade Body.
1-1 j.; ?ovnnrt TV9 H ir.f
r ormauun ujl an 0
corporation for the purpose of trading
in Europe, the stock of which is
to 'be paid in cotton. "I shall ask/'
said Mr. Wannamaker, "that 1,000,000
bales of cotton be subscribed in
the stock of this corporation and
that each of the cotton producing
states take its proportionate share.
South Carolina raises approximately
one-twelfth of the cotton crop. South
Carolina's share of this stock would
therefore be between 75,000 and
80,000 bales of cotton. Central Europe
is in desperate need of cotton
"and this is tKe only possible way that
we can get cotton into central Europe.
Every bale of cotton /we remove
from the market will increase
the value of the remaining cotton
and in furnishing * central Europe
with raw cotton"-we will enable them
to enter our market in combination
against the combine which is now
kiijing ? s.
"Second, I shall ask the cotton belt
to retire 25 per cent, of the growing
croD in the following manner: Each
state will retire its proportionate
share of the growing crop. This will
require South Carolina to retire one>
?
in fr <
(Essex
Ca
New
and
The first test of an a
can continent was mac
And it resulted in ests
nental record both wa
The performance w
speed and automobile
torist. For it removes
TYie\c?4- cinrl
lliuot uiuivuiv uttu .
Records Prove 1
Owners Kno
Ocean to ocean aul
travel has not become
mon as not to be of in
all motorists regardles
time required in mak
trip.
Jiundrecis 01 car:
sought to set new time
between San Franci
New York. But it '
been an easy accompl
The records broken b
had stood for four yea
Your demands can n
those made in the trs
nental trip. But you
equal reliance of y(
whatever the service i
Light weight has me
nomy of operation in
oil. It has not par
1- ?
mtJciHL iexiauxiiL.), ciui
Main Street
I
[twelfth of 25 per ccnt. of the grow- i
j ing crop. My plan for retiring this j 1
cotton is as follows:
Retire Portion of Crop. 1
j "The producer is to warehouse this; ]
j cotton and turn the warehouse re- i 1
ceipt over to a -bank to 'be designated J j
' by the South Carolina division of the [ <
i t : ^AH fsfiid (
American vunuu a^ut.muv?., ~?.
j bank to give the producer a trust re- j <
I ceipt for his warehouse receipt, said 11
trust receipt be^jg redeemable in j
July, 1921, so that under no condition j (
| will it be possible to sell the cotton ; ]
; before July, 1921; the bank holding i j
j the trust receipt to discount same for 1 (
1 r?o?->Q -rivm-iovf ion i {
I tne producer m uic ?
, he would make a loan on the cotton.;.]
, This will enable us to easily retire j 1
j from the market 25 per cent, of the t
: best grades of cotton which is des- j j
i perately needed by the world. , j
j "We must drastically reduce the j
1021 acreage. I shall request each , <
j state association to appoint commit-j.
1 tees in every county and township to : j
! secure pledges (oledges are frequent- j
ly not worth the paper tiiey are writ- j
ten on), but legally executed, written : and
binding contracts, assuring the j
reduction of the cotton acreage of 50 j
per cent. The contract will permit j
the remeasuring of the cotton acre-1 (
~ " 1 1,
{age planted and it it is iounu uu uc ; v.
j more than 50 per cent, the owner per-12
I mits the destruction of his cotton ! j
! down to 50 per cent, and also lays :
j himself to violation of contracts. The :s
j acreage so reduced will be planted in j c
food and feed crops. The world needs ' *
an enormous increased production at!f
profitable prices of food and feed T
crops. I am firding ready coopera-! *
tion for this plan throughout the 1 *
? J "w vannacfincr of the ^
O O U (.11 ?111U dill lUlUV-OVK't, ,
governors to issue a proclamation in- c
dorsing same. c
Bears Short Sighted.
"The organization of bears in its <
greed seems to forget that if its ef- i ,
forts are successful the disastrous result
will not be confined to the South
alone. They boast that we will not
be able to finance our cotton crop
and for this reason will be forced to
sell it regardless of price. This is:
the most costly cotton crop ever pro- duced.
Prices quoted .today mean financial
bankruptcy I am requesting
j every state to appoint a committee
I of its most able men from its agrij
cultural and commercial life, num:
bering among these its able financiers
I -fnr flip nnrnnsp of iointlv meeting
with the representatives from every
state for a conference with represen-,
tatives of the governors of the fed- }
eral reserve banking system and rep- j
resentatives of various of the leading
financial institutions of the country!
so that arrangements can be made,
for financing this crop.
"I shallJ earnestly recommend the j
adoption of a plan of cooperative
i 1
H M
rrying U. S. Mail Bet
r York It Sets a Mark for C
Reliability Never Equaled
.utomobile carrying U. S. Mail acj
le with the light weight, moderat
iblishing the Essex as holder of 1
ys.
hile of momentous importance ii
sportsmanship?is of greater va
all doubt about the reliability of
hardest road service.
?Vhat maintenance, p
comfort.
W
;omobile Doesn't.
terestTo What Yo
s of the
- "Rnf rp\
lllg me ? - v
costly car quali
3 have als? of its adva
records You have the
sco and to 45,000 ownei
has not to the Essex,
ishment. you ftaVe off
y Essex 50 hours ^
rs. formance as to
ot equal You have its r<
msconti- miles in 24 hour
require try roads.
>ur car And now you
imposed. coveted of all ]
^ant eco- the transcontin
fuel and made by four
ticularly Can you hesitz
lomy of for Essex?
marketing as prepared by a commit-, tio
"ee of experts representing every j to
state in the belt. I shall also urge , va
;hat steps be taken to have measures j scl
put into effect to stop the importa-! ra1
' -l i _ "i _ rri. _ ; 1 _ ! ,
:ion 01 oriental ons. lnese ons aru j*.?.-j
largely unfit for human food and; at
ome in competition with cotton seed j to
>il and enable the coolie laborer of: sh<
;he tropics to compete on equal terms i Se
,vith the American farmer. I 19
"Other recommendations will in-j ^
:*lude legislation looking to the col-1 .
- j- ? 1 r\ 4- ( sal
.eiruon ui ?u cents jjei utiie cti uic gui i
ror putting into' effect and force I
economic reforms in the handling Ia^]
ind marketing of the cotton cropji^j
egislation requiring that all cotton j" e
>e classed upon American classifica-1
:ion and the fixing of a minimum ! Pu.
)rice for cotton and cotton seed." | ^
! 17
Subscribe to The Herald and News,!
J he]
?2.00 a year. ! ^jr
? j scj.
MOTICE OF SPECIAL SCHOOL Ida'
ELECTION IN BUSH RIVER | be'
SCHOOL DISTRICT NO. 43. ! n0
The State of South Carolina, aft
County of Newberry. wh
Whereas, a written petition or re- \ or
luest made and signed by at least (
I cCi"
>ne-third of the resident electors and ; ~ ^
i like proportion of the resident free- j
lolders of the age of 21 years of | an(
school district No. 43 of Newberry i ma
:ounty, the State oi; South Carolina, j '
laving been amy presented 10 us re- or
guesting us to order an election sub- Bo
nitting to the qualified voters or elec.ors
of said school district the ques;ion
of issuing and selling coupon
jonds' of said school district, pay- Trible
to bearer, aggregating the sum j <
)f two thousand and four hundred I
;$2,400) dollars, in such denominammmmmm&mBBRmmmmmmmmmmmmmmmmmmmmnmBmm
Car of Sugar J
IN BARRELS AND 10
A good many of our
requesting that we let tl
could sell them a larg(
have been selling .them
the present able to sup]
GET OUR
Summer I
^ 1
1A|
is |!
X ,
ireaks Re
ween San Francisco an
Consistency of Performam
[ by Any Traveling Machir
ross the Ameri- ??e
priced Essex. nDCT
,, . , FIRST
the trans-contiSan
Fra
?4 day
1 the World Of Lowers
lue to the mo- min.
light weight in
; SECON1
New Yo
er^ormance or ?4 da5
Lowers
min.
It Prove
u Want? THIRD
San Fra
-eals how those 4 daities
are a part Delayed
.ntages. - I ^ay ^rToa
ing nc*
praise of close i
rs, to guide you fourt
, ? New Yc
Lcial records of c j.
. ?5 aa>
op speed perits
reliability. Th*s ?;ai
acord of 1061
s on Iowa coun- by 11 h
have this most The av?
oerformances? of the !
ental record? ^47
different cars. sTmi
ite in deciding l
Compai
AL&ii
JL
r
ns as we may deem necessary, not j ?
exceed 4 per cent, of the assessed | ""
luation of the property of said
100I district for taxation, bearing a I
e of interest not exceeding 6 per \
it. per annum payable annually, j
such times as we may deem best, ?j
' -1 - - J i 1.
determine wnetner sain uuims g
ill be issued or not as provided in B
ction 1743 of Volume I of the Q
12 Code of Laws of said state; and g
ereas, we, the trustees of said |
100I district have had a survey of i
d school district made by Neely J. i
omer, a' competent surveyor, and 8
tViprpnf made and filed in the
ice of the clerk of the court for 0
wberry county, in said state. ?2
Now, be it resolved, That for the |3
rpose of determining: the issue of |j
d bonds as authorized in Section H
43 of Volume I of the 1912 Code g
Laws for said state, an election is H
re by ordered to be held at or near g
. M. M. Satterwhite's home in said
100I district, on Saturday, the 11th ra
jr of September, 1920, the polls to |j
opened at 7 o'clock in the fore- ?
on, and closed at 4 o'clock in the m
:ernoon, on tne question uj. h
ether such bonds shall be issued a
not, in which election only quali- j|
.i voters or electors residing in said S
100I district shall be allowed to w
W. T. Buford, J. R. Longshore j|
3 J. T. Senn are hereby appointed R
nagers of such election. 0
The ballot cast must have written B
printed on it the word "For jg
nds" oi- "Against Bonus." tC.
G. Johnson, |j
L.. C. Singley, ^
F. M. Satterwhite, ^
iistees of School District No. 43 pj
i>f Newberry County, the State ol* H
South Carolina. ? j
August 26, 1920.
g
ust Received I
0 POUND SACKS |j|
friends have been j
hem know when we , J
3r amount than we i
. We are now -for j
Dly such customers.
PRICES ?. I
Iros. Co. |j
? i i
erica
id 1
:e |
le I
ESSEX if
ncisco to New York -t
s, 14 hrs., 43 min. ^
Record 12 hrs-? 48 jw
D ESSEX |;
rk o San Francisco t*j
rs, 19 hrs., 17 min. d
Record 22 hrs., 13
ESSEX n
ncisco to New York j
rs, 21 hrs., 56 min. -j
by storms and Sund
congestion enter7
York.
H ESSEX |
irk to San Francisco
rs, 6 hrs., 13 min.
took a longer route j
i ran into storms. Yet b
s the former record ||
ours, 19 minutes. ?
srage time for each , ?]
Four Essex cars over ti
iles Ocean to Ocean fe
as 4 days, 21 hours, I:
! i mmmamm?mmm?mammammmmmm* fa
ly ||
iberry, S. C.
?v t
maun? ww?I?ii
ADDRESS (
Tn flip Hpninmi
1 V 111V &/VI1IWW1MI
In view of the fact that I
missed a number of campaign
meetings, being absent from the
State in attendance upon the
Democratic National Convention
at San Francisco where I
was a member of the Committee
on Platform and Resolutions
and consequently did not
have an opportunity to meet
my fellow-citizens of South
Carolina face to face and give
' 1 wtr
inem tin uccuunt ui my ?ardship
in Washington, I have
determined to issue this ad.
dress to the people.
I have been a farmer all my
life and in common with the
farmers I have had a struggle
to make ends meet and I have
no large fund at my service
that permits me to send others
. -C vilnnn
1i uii1 jjiuuc lu a\x t
my reclection to the senate. If
reelected it must be upon my
record alone.
In considration of the services
rendered by me to the
agricultural interests of my
State and the South, I was
elected to the senate twelve
an aimnr
vcaia a^u. vn vt\.i j
I have stressed with all the
force in me legislation for the
benefit of the agricultural interests.
Briefly referring to some of
the measures which I have advocated
and had passed in the
interest of the agricultural
classes are:
Agriculture.: (1) Smith Cotton
Futures Act, preventing the
depression of prices by the tender
of valueless cotton on contracts.
(2) Standardization of Cot
ton Grades, l co-operarea m
securing this very essential
legislation.
(3) Government comparison
of various grades of cotton,,
showing much greater discrepancy
in price than there is difference
in actual value.
(4) Resolution calling on
diplomatic and consular representatives
of the United States
abroad to furnish information
as to the needs and demands
for American cotton in their
respective countries and the
best methods of supplying it.
(5) Government cotton reports.
v
(6) Census Department to
furnish number of bales of
spinnable cotton and number
of bales of unspinnable cotton
cn hand. This prevented the ;
counting of unspinnable cotton
"in the carry-over reports.
(7) I led the fight which prevented
cotton price fixing during
the war with the result that
it was defeated.
/q\ M;?TTn<W
~
/the Smith bill, originated, introduced
and sponsored by me,
"the government has constructed
a huge nitrate plant at Mussel
Shoals, Alabama, for the
manufacture of nitrogen from
the air. This plant is practically
complete and this fall will
turn out one hundred and sixty
thousand tons (160,000) of 45
per cent, pure nitrates, which
being reduced 1,0 the percent- ;
age of nitrate of soda wil!
amount to 480,000 tons. This
' TI T- _ ~ 1 -1 J _Ll ^
output Wlli De SOIQ 10 Llie -Liirmers
at cost at a saving of millions
of dollars to them.
I am also the originator and
author of the law by which ni- <
trate of soda was purchased
and sold to the farmers at cost
during the war. The Congressional
Record will amply substantiate
this statement in
every respect. This law
brought prices down from $110
and $120 per ton to $75.00 per
ton, thereby saving the farmers
millions of dollars. If it had
not been for this piece of legislation
there is no telling where
the price would have soared.
(9) Immediately upon the
signing of the armistice I secured
the lifting of the embargo
on potash from Germany,
enabling the farmers to secure
this year a partial supply at a
more reasonable cost.
(10) I am the author of the
amendment to section 13 of the
New Banking and Currency
Act, whereby the farmers secured
six months time on agricultural
paper as against ninety
days on commercial paper. 1
Phis puts the farmer on an
equal footing with other businesses
and enables him to secure
the proper credit for* the
holding and marketing of his
crop.
(11) I co-operated in the
passage of the Farm Loan Act, .
an Act which placed farm
lands for the first time in the
history of this country where
it was possible for farmers to
use their land as an asset on
easy terms to make them pay
" i "? 1" 1. ! _ a.
ior memseives wnne supporting
his family and helping to support
his State.
By virtue of my services in
the senate I was ranking member
of the Interstate Commerce
Committee and on the death of
Senator Newlands I became
I Chairman Conservation F
? 1. 1 V i
Agriculture ana forestry.
Ranking Democratic Memb
tures. A Member of Geolo
3F SENATOR E. I
!ic Voters of the State of S<
Chairman It was under my t
leadership at the request of the t
President that the railroads, a
telegraph, telephone and cable (
? i j j 1 i
lines were turned over 10 me i
government during- the war. i
While serving as Chairman '<
of this Committee I discovered
that.the iack of growth of the *
commerce of the Southern
ports in comparison with the' *
Eastern and Northern ports
was not due to natural causes ]
but to the discrimination of the 1
railroads in their rates to the 1
various ports and the discrimi- *
nation of the government in
the matter of appropriations t
for drv docks and harbor <
improvements since the Civil J
War. The country does not ?
realize that the government in 1
the last 50 ye?rs has expended 1
for naval stations and harbor <
improvements north of Hatteras,
a distance of roughly 750 *
miles, nearly $700,000,000, 2
1- -1 - ? ^ /v -C TT /> wn rt a <4ir* 4
wnne b'UUcil uj. xxiitLcicus, u uiatance
of over 2,000 miles, only t
870,000,000. t
The North Atlantic has 18
dry docks; the South Atlantic
and Gulf has one, a ^mall one,
at Charleston. During the past
session of Congress, two bills
were introduced by Republican
Senators which would discontinue
the appropriation for the
deepening of the channel at
Charleston, and the -construction
of a tremendous dry dock
at that place. It was by my
efforts in the Senate that these ,*
bills were not pressed and. the
work in Charleston is now going
on.
While I was Chairman of the
Interstate Commerce Committee
and the railroads were under
the control of the government,
I.instituted and led the
- * nt if . n
tight with ctner soutnern senators
for an equalization of import,
export and domestic rates
with other sections of the coun- J
trv. I was successful in this ^
fight.
Since the roads have been re- j
turned to private ownership
they have sought to re-establish
the old discriminatory rates
against Southern ports. I intend
to keep on with the fight
to prevent this and at the Democratic
National Convention I '3
wrote and had incorporated in
the platform that piank which j
pledges the party to stand for
equality of rate5;, both import
and export, for the ports of the
country, to the end that there
might be adequate and fair facilities
and rates for the mobilization
of> the products of the
country offered for shipment.
The equalization of freight 1
rates, import, export and domestic,
and equal harbor facili- <
ties mean more than anything
else in the * rejuvenation and
expansion of the direct foreign s
trsde of Southern manufactur- (
ers and Southern ? products ]
through Southern ports. I have <
taken a leading part-in secur- ]
ing the allocation of ships by 1
the Shipping Board to South- 1
ern ports and have 'had considerable
success. i
With the increase in our
foreign trade, the South will be
able to .take advantage of the
opportunities offered, with its
consequent prosperity. It is
not generally known that most
of the larger cities of the Middle
West are closer to the port
of Charleston and other Southern
ports than to the port of
New York.
In this connection, while discussing
transportation, I might
say that while ranking member
of the Postoffice and Post
Rnnrfs f!nmmit.tr<v T rnllnhorat
ed and fought through with "
Senator Bankhead and others I
the Good Roads Act which ap- 1
propriated $200,000,000 for :
the government to co-operate (
with the States in the construc- J
tion of good roads. The construction
of good roads is one (
of the greatest needs which
confront the people of this J
btate as well as the country at j
large, and I pledge myself for j
the future as in the past, to 1
fight for any- proper measure
which will lead to the construc- ;
tion of better roads.
One of the very many evils J
that resulted from the Civil *
War was our financial condition
under the Banking and Cur- 1
rency Act of 1863. This system
was in effect up to the time
of the present Democratic Ad fy*o_
*
IIllIlii>Li CblLKJll. JL CllIHO XXV
quent and the victims of these
panics were the weak and unbefriended.
In 1913 was passed
the Federal Reserve Act, the
greatest constructive picce of - '
legislation enacted since the J
Civil War. This Act, together
with the Farm Loan Act, was *
passed by virtue of a direct
personal appeal of President *
Wilson to representatives and
senators who were friendly to J
him. With this measure, as c
well as every other measure, I 1
voted with the President and '
did all in my power to secure
National Resources. Ranking
Ranking Democratic Membei
er Patents. Ranking Democr,
gical Survey. A Member of F
XSMIiH i
juth Carolina | J
he passage of these Acts. As ^
he result of these measures $ '
vhieh enabled the South to m
capitalize of its resources, the I
>ank deposits in the South have is*
ncreased 900 per cent, as ?|
igainst the Eastern and Wes- j|
.era sections' increase of about if
$00 per cent. These measures jj^
spelled the financial emancipa
:ion of the South.
While the Federal Reserve 8
3ank measure was pending, I ?
'ealized that for the Act to |j
lave a direct benefit for the j|
Agricultural classes, agricul- a
;ural paper must b& recognized 1
;he same as commercial paper 8
md that six months' time I
should be given that paper as
igainst the 90 days given com- h
nercial paper. It takes six 1
nontns for the farmer to pro- ?
luce an asset to meet his liabil- j$
ties and anv shorter time than |
his period given his paper was
i mockery of him. I introduced
and secured the incorpora;ion
in the law my amendment
;o Section 13, whereby agricultural
papjer is made the basis
:or the issuance of Federal fte erve
notes and is given six
nonths' discount. v.
While Chairman of the Imnigration
Committee of the
senate I introduced the bill and
ed the fight which resulted in
;he passage of the Smith-Burlett
Immigration Law. This is
;he law in effect now. It was,
by/ far, more restrictive than
sven its best friends thought '^
possible to accomplish. I beieved
then and believe now
:hat the influx of undesirable
immigrants to America was a ;
Aworipan
>uurce ui uan^ui uv/
abor by the competition of iglorant
foreigners, used to a
ow standard of living. Fur:hermore,
I believe that the
ilass now coming in is doing
nuch to undermine the princi- f
?les and institutions of our
government. I am always anxious
and eager to push a*id sup- |
Dort any bill which only lets
;he desirable immigrant come ^
n and leaves America for
Americans. f c?
^ By virtue of my service in
;he senate I am now at the top h
}f several very important com
mittees, among them the Com- 4 p
rcittee on Interstate Commerce,, |j
and the Committee on Agricul- I
:ure, and with the coming vie- ^
tcry of the Democratic party, ' ^
if I am re-elected, I will be I
Chairman of the Committee on |
(Ygricuiture, tne committee k
which controls all appropria- fj
;ions and measures pertaining 3
.uo the agricultural interests of II
:he nation. fl 4*
A study of my record and tj
accomplishments will disclose
that I have been responsible I. ^
cor much economic legislation ... $Pj
and that it ail tends to giving ^ If
jvery section a fair show and I.
prevents the discrimination' of I
jne or two sections against the ||
rest of the country by cruel 19
and arbitrary laws. It is by ;|||
virtue of some of these laws
ivhich I have had passed, that '
;he South has been enabled to
jantake in so large a measure
)f the prosperity engendered by
;he war.
I have served the people and
ny party with a zeal and fidelity
since my election to the senite.
By reason of the wisdom *
)f the South in keeping its men
? T Viniro r> nm m
II tut: aciiabc x uaiv
ippointments and high rank
;herein which could not be se- '
:ured other than by a long
;erm of service. These places \ sgj
vould be lost to South Carolina
>y a change at this time. The
;ime is approaching when the jj
ight is to be waged by the Rejublicans
and other reactionar- ?
es to return to the pre-war and
)re-democratic administration
)f the financial system and the * ?|?
:onduct of the government f(5r
;he special interests. I have
experience in the senate, I have
T lu?vc? inflnprpp and I Is
. 1 It JL i*v. T V V ? v.,
im in position in this crucial #
period to render more effective
service to the people than I
lave ever rendered. Experience
and training are great
issets in politics as well as an
business, and every man, farmer,
banker, merchant, lawyer 1
md laboring man is paying his
noney for service in the senate,
and I am in a better posi;ion
to render satisfactory service
to my constituents than
my of my opponents, however j|
ible they may be. g
In conclusion, I wish to* call (
;o the attention of the voters ^
)f this State that out of our S
Dresent delegation to Congress,
wo senators and seven Repre- A
"Natives, I alone am a FAR- I
VIER, the others being profes;ional
men, and of those gen- t]
;lemen now opposing me, I h
done am a BONA ?1DE FAR- K .
MEJl, they also being professional
menv Surelv the agri- $
cultural interests of this State *
ire entitled to one representa- I
;ive out of nine. 1
E. D. SMITH. |
I ' mJB
^lll
$||jB