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I& Rfeoiv ? -< VOLUME LVI., NUMBER 76. NEWBERRY, S. C., TUESDAY, OCTOBER 2 , 1920. ' TWICE A WEEK, $2.00 A YEA! ? iw riig3mgabbmw?M?taaimacs3amw'ijca..?iiji^-^uutfgvrrrr~.rg?ys>y.TTTc?3b^raj*^ .rucr*i-.-xx..t-.t ctt.j ? .rr.-..-.a-.&7rrarrg j??aaa?^/?acapar.cbbppaxar^grtr r.n .tktn.'iem j .liii nraniigrxfci^^jmjw .<*tra^anmaw?a?? ^ ^ WAR-TORN LANDS f BACK INTO TRADE 4 COUNTRIES CUT OFF BY STRIFE BUYING HEAVILY. i In First Ei(?ht Months of Present Year Belgium Buys to Amount of Several Millions. T?Vf?m a Rnlletm issued bv the Na ....tional City Bank of New York, j The trade of the United States j with the war-sequestered countries? j those which were cut ofT from inter-:national commerce as a result of th3 I: * war?will aggregate more than $l,-j< 000,000,000 in the calendar year j i 1920. To the dozen countries with , < which our trade was necessarily sus- j pended during the war period our experts in the calendar year 1920 will approximate $750,000,000,. and our ! import therefrom about $250,000,-! 000. These dozen countries are Geriki many, Russia, Poland, Finland, Bel- j; & gium, Austria, Czecho-Slovakia, Hur.- , gary, Jugo-Slavia, Rumania, Bulgaria and Turkey. In the eight months for which we, have official figures the imports from Germany" amounted to $58, 000,000 against $1,000,000 in ths 1 corresponding months of the preced- J ing year, and our exports to Ger- 1 ' many $166,000,000 against $25,000,- 1 000 in the same months of the preceding year. From Belgium our im- 1 ports in the eight months period ) amounted to $38,000,000 and our ] > exports to that country $205,000,- 5 000. From Turkey in Europe the 11 imports are $10,000,000 and the ex- I ports thereto $20,000,000; while ( from Turkey in Asia the imports * thereto were but abcra{ $8,000,000. To -Poland and Danzig, which are ; combined in the official figures, the i exports in the seven months ending i i with July, the latest figures avail-!s a Die are, in ruuim 000, and the imports therefrom a lit- s tie less than $500,000. "> / Experts Exceeded Imports. < To Czecho-Slovakia the exports < are $6,500,000, and the imports : therefrom $5,500,000; to Jugo-Slavia i the exports are a little over $500,- : 000, and the imports therefrom ex- j tremely small; Russia in Europe j $11-,000,000 against about "$7,000,- \ 000 in the same months of last year, J' and the imports of last year, and the imports therefrom about $1,500,000, i while to Asiatic Russia the export.. < are $13,000,000, and the imports j vtherefrom about $8,000,000. To ' T> avnnrtc J1TP in rOUlld , ivuiuauia mic . terms, f>6,000;000 against $'1,500,- < 000, but the imports therefrom "are ( small, while to Bulgaria the export? i are $1,500,000 and the imports j more than $3,000,000. To Finland ] the exports of the period in ques- , tion are $15,000,000 and the im- < ports therefrom a little less than $2,000,000. The articles forming this rede vol- ; oping trade can not at present be ; stated in great detail. On the im- 1 port side, in which the present statements are especially meager, the ] principal articles include: Two millior dollars' worth of tobacco from j' Turkey in Europe and $13,000,000 1 worth from Turkey in Asia, carpet wool from Russia in Europe, $250,- ) 000 worth and from Russia in Asia $461,000; these figures relating to j: the seven months ending with Julyl1 of the current year. From the ter, ritory designated as German Oceania, which is now chiefly under control of Great Britain and Japan, the < imports of corpra amounted to over $1,006,000 in the seven months in question, most of it coming from the < Southern islands which are under control of Great Britain or her Australian and New Zealand colonies. Furs imported from Asiatic Russia amounted to $0,777,000 and from European Russia $162,000. No fig-! * ures are available as to the articles' forming the $50,000,000 worth of J imports from Germany in the current! year, though presumably they arej chiefly chemicals, dyes and miscel- j laneous manufactures. From Belgium the $32,000,000 worth of imports in the seven months for which figures are available include cotton goods, especially laces, manufactures of fiber, India rubber and other tropical products drawn by her from (Continued on Page 3.) j L BANKERS CLOSE BUSY SESSION INDORSEMENT OF FEDERAL RE SERVE SYSTEM. Air.srican Asscciaiion and Stat< Bankers Not Afreet r.s Showa By Resolutions. Washington, Oct. 21.?Blanket in dorrement of the federal resc.v: AAiminn wi t li o l^lPrlcP. i'ft "111 ? y vJIIl vuu^i\.u ? *?.** ?.? the national railway equipment corporation, organized to help the earners sbtain equipment, marked (he conclusion today of group meetings of the American Bankers' association nonvcntion. As an outgrowth of the convention however, bankers and others, from cotton states, took steps preliminary to the organization of a $12.000,00( export financing corporation to m:e" the situation which led to numerous appeals from cotton growers for government; relief. The corporation will Ko frtrwo/'i nnr'fr iho Kd?re act and start operations with an initial paic in capital and surplus of $6,000,000, The federal reserve system was sriven unstinted praise by the national bankers group in resolutions adopted at their final meeting with the approval of the equipment corporation and the pledge to go before the' state legislatures where necessary to obtain revision of laws prohibiting investment of trust furds :n such securities was voted by the ,-aving banks section. Their action was' based on the increased values ?iven all railroad securities through creation of the equipment corpora;ion the resolution said. Indorsement of the federal reserve system, which included approval of ts administration brought the -raional bankers again in sharp oppotr> the stand taken bv the strte jankers who yesterday denounced several phases of the reserve board's .vork. Leaders in the two groups of bankers believed tonight the difference between the two sections might :ome to light when the report of the resolutions committee reaches the Elcor of the convention tomorrow. All resolutions adopted in sectional ? 4..' ? utIII krt hv t'lf [il^CLUJ^S Will ut vviiuiuv* vv> vj association committee and final action be taken by the convention as a ivhole. The question of par clearance with *hich the state bankers dealt in their section resolution yesterday, was passed over in the convention today. Fhe special committee considering it reported "progress" and was instructed to continue its work. Irs chairman, N. J. Dowling of Olivi?., Minn., however, told the convention 1 J- -? K-Mt' -Prw fVlQ cne oiuy remeuy uc s<m xvl try bankers who favor a collection ?harge on checks was amendment oi the federal reserve act.- v The crop financing corporation project took shape at an informal meeting of several hundred bankers and representatives of Bolton interests. A special committee headed by Robert F. MaddoX of Atlanta, presented a favorable report. Although specific mention was avoided, speakers indicated that establishment of the corporation wouk; mean an early opening of sales negotiations with European manufacturers who were said to be in th< market for round 3,000,000 bales oi cotton. Mr. Maddox declared that the cor poration was not proposed in anj sense as a vehicle for the holding oi crops, but as a facility for the:: marketing. The national bankers elected oflV cers today, choosing H. H. McKec president of the National Capito bank, Washington, D. C., as presi - - - - - * 1 ? A. ^ J dent; John G. Lonsdale, president o the National Bank of Commerce. St Louis, vice president; Walton Bew comer, president of the National Ex change Bank of Baltimore, chairmar of the executive committee. HALLOWE'EN AND BOX PARTY HUNTER-DEWAL1 There will be a Hallowe'en and i>o: party at Hunter-DeWalt schoo house Thursday night. October 28 1020. Every one is invited to com. and enjoy the evening. There wil be lots of fun for young and old. When anger rises judgment take a back seat. I AMERICAN RED CI lj ! I "^ ^ S ' i Group of American i.ed Cross w< nople which just new is the Mecca : ! Americans. I __ MIND OF PEOPLE FULLY MADE UP i WHITE SAYS GOVERNOR C<-^X i WII I IVTN , I TIll^U J . Democratic Chairman Issues State.( naent After Pa7/in% Visit to Two States. | New York. Oct. 2h?-Returninjr tc his lieadquartcvs here today after a ; trip of inspection through Ohio and Illinois, George White, chairman ol the Democratic national committee, .! issued the following statement: '! "The American people have made :( up their minds to eiect Governor Co Mand a Democratic senate in order tc b avert the infamv of a senarate peacc Y K * :: with Germany and to save the 1c:: Igue. They are weary of the chorus . cf Republican katydids croaking 'He J : did, he didn't.' They have finally .1 concluded to entrust to its friend: | the only plan for world peace evei agreed to by both great nations anr small. They will select a four square ! president instead of a human wenth! ervane. i j "Senator Harding has only stonpe;. | oscillating once, and that was when j he said of the league and its reservaj tions at Des Moines: 'I don't wan! | any clearing reservations. I rtam 1 ? 1 * JUl ICJCllIUll. "Senator Johnson points one th:?t 1 Senator Hauling has put the league ^ behind him and he docs not want th<. ' league or any modification of it ' The American people agree witr ' Senator Johnson ar.d they will voi; ' for Governor Co:*, who has pat the league in /ton: of him. Senntoi ' Johnson ppeaks with proper resent mem of 'individual:, and newspaper: ' which misrepresent and misinterpret Senator Harding's words, V-hallen?.e. their 'falsification,* and he proper;; ; calls it,?and says bluntly they ma* 'save their faces but not the league. "Tr. that list of newspapers and Individuals I am. sure that Senato Johnson silently puts, the name o Senator Harding himself. . No on< has been more credulous in trying t. fool the people than the Republic?: " candidate, but Des Moines wa ' enough for the voters as it was fc ' Senator John. on. | "When the election is over, anc ' J Senator Johnson will publicly add : name to the list of those who hav< misrepresented. j "This campaign hv.~ become a era sade for world peace through di? armameni, for truth against false fnv straight forwardiies: f j against double doubt and for Amecl | can idealism against a policy of di:< j astrous isolation." | Engagement Announced. D j ... j .\Ii-s. "William Moore Griffin an nounces the engagement of he: daughter, Octavia. to James Orland< s Sheppard, the marriage to take placi ' the latter part of November. t v05S WORKERS BEFORE CONST AN' --pr?;; T 1 : ? ::: ' ^ i-j"! ; > ' Mi' " 05 : .; >5 .. s v; ?? j? )ii:ers oeiore tne Seraglio palace. On< for thousands of refugees from Russia 'COX PROSPECTS 1 -s nanw BBfifiHn??; OSVO W 2J&J. ROOSEVELT TELLS OF TRIP TO WEST; , | I UpsLais New . York Also Beginning to Fat? in Line, Ha : , Declares. ri*' *iJrnjrhaTTrttrr, 'f^T^YiT^Ortr 22.? Li Franklin D. Roosevelt, Democratic ! i vice presidential candidate, in an :; address here tonight declared "the . prospects of Governor Cox carrying ! a majority of the Eastern ana ivna, die Western states are growing by . leaps and bounds." > j ''I have come back from the ;; West," ho continued, "with a deep seated belief that the West and Mid-' > i die West have started vv. overvhelm: | ing swing o? the pendulum. "Upstate New York is beginning to fall in line. > The process has been with us, per haps, a little slower but it is under I 'way without doubt and in commani1; ties where up to the present time there has been a distinct apathy o-i the part or voters, Republicans and "."k./-.vo+c. .ililro t.-idoT ?ivf* pfirn'm* J lilUV. I U t-O UUIV^ i,vuwv ^ j forward to accelerate the swing." . i ?.Ir. Roosevelt's address here to ' night dosed a day's campaign [.through the southern counties of thj ' L-tate and in it has pleaded for the reelection of Governor Smith and the , j election of Lieut. Gov. Harry C. 4' Walker of this city as United States senator. . . THE OLD CONFEDERATES TO HAVE FREE ADMISSION . The Veterans Will Be Treated Right - at the State Fair, Owing to Their Former Comrade in Arms, Co.pt. M. M. Buford. ,1 There is no better known ex-Con, federate in the state and in many cthe? stales than Capt. M. M. Buford: in fact, he has a national- rcpu? ration. as ho lias always been active ^ :n any movement fcr the benefit of : the old soldiers, and has led in scv^ c-ral movements in their interests. Cantain Buford is a leader and is un5 ' tirimr in his influential efforts. On , Monday of last week he wrote Secretary Efird of ihe state fair associa1' tion suggesting that the Confederate 1 veterans be eiven free admission- to ", the fair ground:-. T-'cvl immediatelv took the matter up with the president < nd the result is that Confederate vet?! erans will be admitted free. Those 3 who have crosses of honor should 1 wear them -but others will also be adi mitted. t Tucci-Holmes. I . . -j Mrs. Mamie Clary Tucci and Mr. rlJohn M. Holmes, both of Helena, d ' were married on Sunday afternoon l1 ; at 4 o'clock, by Magistrate C. W. Douglas, at the bride's home. I i / IINOPLE PALACE. 111 ' ?> $ -X 1 I mw ii ' I v-.7.. -|T|,--,i|-jr r 3 of the show places of Constami. who are being eared for by the 'SPEECH OF'ROOT | MISSTATES FACT I SECRETARY COLBY CALLS NEW | YORK MAN. ' Ccrr.jrlcts Inversion of Truth Says Head of State Department. I ? ' ! Washig'ton, Oct. 22.?Secrc tar | Colby issued a statement tonight as i certin^ that there was "a plai? mis - statement of fact" in the recent ad 1 caress made by EHhu Root. ; ?.Ir. Colby addressed his statemen particularly to the question of Ar j tide 10 of the covenant as present j cd by Mr. Rcct* "Mr. Root's statement that Ariicl: ' in irs ':in nttenir?t to carry ever ar.< i continue for all time, as part of tin i organization to preserve ,peace, am exercise of power by the conquering rations in closing the war' is a p!aii misstatement of fact," Mr. Cclbj i said. "Indeed, ii is a complete In ; version of the truth. "His further objection to the rub stitution in any event of physical o , armed force 'for the moral fo"ce which is relied upon in the olhe j provisions of the covenant, indicate; ! a complete insensibility to the in 'tents or lessons of the world's re j ccnt and harrowing experience. '"The idea of an internationa court cf justice, to which Mr. Roo has ju?t contributed his enthusiasti* ; labors, jias admittedly been a lifeles. : thing hopelessly beyond realization.' Inspection c? Butchcr Pea. The third inspection cf the butche: ! pen operated by ?.Ir. E. FI. Cousin ; reveals that it in much bc-t;e condition at present than it has bee; i heretofore. The offal and other-wast( | material 13 buried daily and th< premises are kept ys clean as the fa i. 1 rr . cilities at hand wjii permit. i m meat is new being conveyed to towj in a wacrcn wiiich is washed ciail1 : and clean cloths arc used for cover in? the meat. ! Xewberry is urgently in need fo a sanitary up to date abbatqir am Mr. Cousin has agreed to construc ' ore under the supervision and direc : tion of myself. The city board o ; health is to be congratulated fo having passed an ordinance requir ing that all dairy cattle be tested fo tuberculosis. Let us hope that thi ; wise ruling v 1! be put into effect a ' an early date. Roy I\ Finney, M. D., County Health Officer. ! MiMNAUGH'3 BIG CRASH IN PRICE! i The big crash in prices is stiil oi at Mimnaugh's and the crowds con tinue to visit the store and go awa; : convinced that this sale is in realit1 J ' a knock out blow to old high cost I I lie had the money and bought thi ! goods right and, is giving the henefi ; to thousands of satisfied customer | who crowd his store every day. I' Changes May I I In C i | ' j Flans for Organization el < j COD Cotton E::pcr'; Corporation \ Adapted at Meotinj of Bankers and Representatives of Coiton Interests Hold in Washington. i ! ? I. j Washington, Oct. 21.?Plans fori, the organisation of a $12,000,000 f r 7 cotton export and crop financing corpcraticn were adopted at a meeting i here late today of bankers and rep- i ! i esentatives of cotton interests at-1 ; tending the convention of the Amcri-! J can Bankers' association. j The meeting approved suggestions! contained in a report of a commit-j tee, headed by Robert F. Maddox, i Atlanta banker, to mcve at once in: 'he direction of preliminary steps j toward organizing the corporation., Tentative arrangements provide for: the pr.yment of half of the capital I stock or an initial working fund of j $5,090,000 capital, and $1,000,000; surplus. i Capital subscriptions, the plan suggests, will be based on an ass?ss- j ment of $1 a bale on cotton raised in; the respective states thereby making the organization one of far-reaching: influence throughout all territory j ! which has had difficulty in financing. , | the movement of the cotton crop, j The decision to call for the initial j payment of only half of the total j j capital means therefore that the rub- j scriptions will be prorated among the J purchasers of stock on the basis of j .">0 cents per baje. Under Edze Act. It was made clear by speakers at j the meeting that the purposes of the! corporation which will be organized; under the Edge act amending the federal reserve act is not to hold .the cotton crop but to insure the commodity be moved "at a time t when the market is stagnant." Under provisions of the Edge act, the corporation is enabled to handle i grade acceptances?agreement of the j purchasers to the amount of ten j ~ times its capital and surplus or, in j the case of the proposed corpora- j ^ tion the ability to handle acceptances j 1 cf cotton purchasers to me amount i ? of $6,000,000. ' Although there was no specific' : mention made there were indications J that formation of the corporation j would immediately open the way forj the sale of cotton in Europe when ! * the demand is estimated at three to j four million bales. No Broad Promises. s The committee informed those in j attendance at the meeting that it t "j would make "no extravagant prom- j j ises," but that it hoped that the es-1 * j tablishment of such a corporation 1 * j would be "of tremendous benefit" to j L|the South. The meeting was told: * also that the corporation would not prove a "remedy for all ills," although it would make possible ^ the v provisions for market time in time of emergency as the cotton produc? ers are now passing through. Although the corporation may in j a J the future extend its operations to I " other commodities, those in attend- j ance urged that it devote its rc- j a sources at first to the handling of B i 1 j this crop alcne. The way was left j i; open, however, for such enlargements J and suggested extensions can be. ( made as needed, speakers declared. .. . ! ,j i Dallas, Oct. 21.?Assurance that; i. j the federal reserve board will coop-1, _ | crate with the farmers to the fullest' ? extent by granting banks longer j r credit on cotton notes was given this! morning by Judge W. H. Ramsey, j federal agent for the federal reservej s board in the Eleventh district, in j . j addressing a statewide conference cf j j rinners, bankers and business men j here. j Judge Ramsey asserted that the' i financial condition of the nation isj as good as it had ever been. ; "The federal reserve bank willj function properly in giving member j i banks longer time on cotton paper.! ? j - Credit has been available for cotton r v as in other industries and I see no' v reason that credit should be discon-1 . tir.ued," he said. j ] e Judge Ramsey added that the fed-1 t oral reserve board of directors favors' s a system of gradual marketing of J cotton but that thev would not sup-i I 7ollow rop Financing port an . ironclad rule of holding cotton indefinitely. He urged unanimous support of a movement to or-* ganize a large export corporation, to establish credit, and market the cotton crop and establishment of cotton warehouses to be maintained by the Savannah, Oct. 21.?The Savannah Coucn Exchange and Savannah Clearing association today indorsed the proposal of the American Bankers' association for the organization of a $12,000,000 corporation to finance foreign trade. Oklahoma City, Okla., Oct. 21.? Gov. J. B. A. Robertson this afternoon sent a telegram to President Wilson offered "to join in a constructive or helpful movement to < < xl- - husband the interest 01 tne cuuvu growers." Ke also sent a message to Senator Hoke Smith of Georgia expressing approval of a plan to organize an export finance corporation to t<ake cotton off the hands of the growers. ^ ? Cody's Gone. Ccoly left Newberry Thursday morning, returning to his office in Columbia. "He came, he saw, he / fti'nnorofl " Wvpr hpforn was it known that there were so many ailing people in Newberry, city and county. Since his visit here there are more mind readers than have ever dwelt in this city in the history of Newberry, and Mr. Fuller Bull, who was here at the beginning of the professor's work, is still "in our midst," prolonging his visit. When any one approaches another here now and says he wants to ask a question, immediately the other fellow says, "Faith Doctor?'1 But as r* there are always two sides to a question, we wish to say, among other . . . things, that Mr. Clarence Hutchinson received a letter last week from Mr. UilclS. VV. Cjligri UL niiiumiC) bbtitug of a visit to Prof. Cooly, at Clinton, which helped him "a whole lot." Mr. Sligh had been unable to walk without crutches for six years. After his trip to Clinton he discarded his * . crutches and in his letter tells Mr. Hutchinson he "is still walking without them," and that if he keeps on improving he thinks he will be well before Thanksgiving. (Lots of peo" j - <ni? pie are looKing iorwaru iu maimogiving.) During his stay in this city the psychologist told a lady that one year ago that very day she had been critically ill, describing her trouble minutely, which the lady said was true in every particular. He told a young lady that she had been troubled with her complaint since she was a very * young girl, which was correct. There were a great many instances of his remarkable "insight," or whatever you may wish to call it All of this and more, coupled with the opinion of many good citizens,who have faith in the "healer,'' kept us from being as severe as "A Conscientious Objector." Cooly mav after all be what a great many other equally good citizens on the other hand think he is, but if he can do people any good by exercising his strange influence over them, let him do the good he can accomplish. The people who give him money are among those who spend in other ways. Some of thosp who object to the cash he takes away are among the number who object to a circus or a carnival coming here because it takes money from the town. This writing is neither con demning nor commending Mr. Cooly. All we will say is that if he does nothing else than scare a certain clement of the colored population ir>o leading better lives by threatening to *'put a spell on them," he is dfeing something good. Attention Needle Work Guild. We wish to call the attention of the directors of the Needle Work Guild to the fact that November is the time for handing in articles collected. The date will be fixed later. Mrs. Alan Johnstone, President. Mis. Lucy W. Cannon, Secretary.