The herald and news. (Newberry S.C.) 1903-1937, December 24, 1920, Page TWO, Image 2
s??m?apcsb?beafc?apaa i i iibiii i
BOARD S FUNCTION
ONLY PSYCHOLOGY
Revival of War Finance Organiza
tion May Not Help Much?Senators
in Clash.
The State.. \
- Washington, Dcc. IS.?Despite tin
enthusiasm of Southern and Westen
senators in putting through the reso
lution reviving the war finance cor
poration,* there seems to be m
<fe>ufat in the mind of any one of then
that that institution, save only in ;
ttsvcholoeical sense, can respond ti
the neecfe of the agricultural inter
-ests of the country.
: v Chided by Senator Glass of Vii
t ginia, Senator Me Lea nof Connect;
. eat and Senator Pomerene of Ohio
Senator^ Norris of Nebraska, chair
man of the committee which produc
Bp? ed the resolution, admitted that h
did not entertain a hope that the pas
sage of tSe resolution would reliev<
the farmer of his distress. He de
clared a conviction, however, tha
Pi . -the resolution would accord a ver;
substantial neea u nouesuy am
faithfully administered."
Others intimated a very strongl;
-j. J j . ; r
entrenched opinion that the senator
?o- aggressive in the interest of th<
farmers were proceeding in a some
what hypocritical manner. Senate
Glass, for instance, in the heat, o:
debate, exclaimed:
"Any sane man is obliged to sym
pathize with the agricultural inter
ests in the exiting- situation and t(
do anything that he may to relieve
that situation. But I concur alto.
' gfcther with the senator from Con
rtfeat* the chairman of the bank
ing iad currency committee of th<
senate^ when tee saystbat we shouk
I* frank about this natter and no;
iwss the b^ick" to another body. 11
> w wat to do something- for th<
farming interests, Jet us do it, am
notesgivgre In this- sort of pantomime
- Just Make Believe.
' .'k n'f wW irv-.nefntr nor
? V; .'V . JU> JT&UUttia UJV VX. AU V UliiMM?U^ ^ V*
fontiaoce of Col. Mulberry Sellers
witnessed by me at a theatre -when 3
was a boy, wKere tfre player of th<
title' role- lighted' his tallow dip an<
- stuck it in the stove jii order tliat hU
yisitors'ini^it see the g-lo\v of 'ih!
e that they were
g&rmin an. atmosphere of zero. (;J
(Thai is called psychology, aiic
t&at is. all we are preposirig; Iier<
whea we, imply, this criticism of tTs(
ifederaf reserve
l&er^fey ihat^we .$re doing soj^Hinj
|&L :$;.^;the agricultural interests oJ
1^d- of* aEL incident in -v^iucli l
b*nJc,siting on alleged orders of th<
^sderal reserv^. froar^ refused to ae
ete?t & rich iamerV aote w<b^L li& de
apsd to?$x?phase fertilized, and rexft
ij^ ^cepfced^such note when the
temer desired to purchase an auto
x&obile. Senator Pomerene of Ohio
in his spirited defense of the b^ferd
declared that this, alleged transactiei
L n j i"v j v
challenged belief.
The Ohia senator was most cordia
in his sagport of the federal refierv<
board and its governor, W. P. G
Iiardiag. He rationed against ini
til everts to hamper the operatior
of a financial institution which hat
iiaaace^ the country during1 war am
t matte it possible for this coontry t<
^ finance Europe. Be spoke of the pas
1 ^sjbSSfcy of initial efforts being- succeeded
by others until this country
attained a position, as desperate, a:
tia t of Germany, Eiissia and France
&om? Jay High Rate*.
;in coures of his remarks, Senato:
Posnerene named states, the princi
71 , ^ >. fWiMf. i.% -J,
of which, is agriculture
"wikicix permit panks to charge inter
eat. je high a?; lQ:.a?d 12 per cent
'"There, are 12 states," he said, "in
chiding the District cf Columbia, i:
which, the contractual rate is 19 pe:
C?*fc.: Arkana^ Arizona^ District o
Colombia, Florida, Kansas, 31in:\eso
ta, Ifebraslia, North Dakota, Oregon
Texas an# Wisconsin. There, are tei
*****- tC^XIWl'ICd .ill niiibii wr
oajytKsetrial rate is 12 per cent.
Alaska, Hawaii, Idaho, Montana, Ne
Wa^^H^on ahd Wyoming. N<
farmer,, or manufacturer can afford t<
W&$k qr 12: per cent, interest oj
borrowed money. Have your le^isla
tures^ rcifctce their interest rates an<
serve your states."
While the federal reserve boar<
had its strong friends, at the san*
time there was implied resentment o
*'?" +liof +T?U T\noi>f1 cllftnll
at^wmr.nv WlftU din. UUVW'
not be spoken to?very plianly. Sen
ator McKellar of Tennessee saw "n<
impropriety in the body wftich creat
edthe system advising the system.'
Senator Heflin of Alabama was evei
more emphatic.
"The suggestion is made* that w<
ought not to instruct or direct th<
^ederal reserve board," he said, "a
to just what we' desire done to re
lieve argriculture at this critica
time. Wiiy . not .' senators m tni'
body voted for a bill which directe<
the interstate commerce commissioi
, to jJermjt the.j$iiroads to make 5 1-i
' ' : ; * " A
per cent, on their investments. But [
r when we undertake to ;:et money for
the farmer at reasonable rates of in
terest we are -warned against the danger
of such a course and informed j
that we are undertaking to pass a
bit of class legislation."
But the board came out unscathed.
5 The resolution was amended so thatj
i instead of directing _rt simply ex-j
? -1 J-T. i ? - ? ? ? i? r>VM f i
- presseu inc opinion oa vujigiwa o-jao j
- the board should do what it could in
i> behalf of agriculture.
i ?
I WAR FINANCE BOARD
a APPROVED AGAIN
House Passes Senate Resolution
Striking Out One Section?Conference
Makes Final Adjust.
ment.
*
Washington, Dec. IS.?The senate
c resolution to revive the war nnance
- * ~op a rnoocnro nf
i CUl^JUlrtLlUH C?0 M mvucuiv.
g for farmers was adopted by the house
y late today in amended form arid by
t a vote of 212 to Gl. It now jcocs to
Y conference' for adjustment with the
j seriate measure.
The house struck out Section 2 of
y the senate resolutions, staging the
si opinion of congress that federal re5
{serve banks should allow liberal cred- I
I ita +/\ -Pot-niofc T(lf> Vnt.O W3 5 135? i IV< I
j 11*3 XU.X A J?V ? v?w -r -w ? ? ...
r |.favor to 20 against on the motion to *
fj strike out. (
! The final vote came after five .,
_ j hours of debate. .
Chairman McFadcjen of the bank- t
j ins committee characterized its as V
? class bank, legislation which would j
lead ,to illation. (
_ . "The fanners have been deceived," '.j
_Mr,-McFa"dcieii said", "they have been 14
JtoAd this resolution will help them.!/
* I f V 1?. I. * ... j' |
[ j-N'o advance to tanners zias neen ; c
?| made by tL^ corporation for morej c
f(than a year and cfculcl not be.aut.hor,
ized under the measure. Instead, the ^
m 'corporation has made loans to such 'j
# institutions as the International H?,r- *
vester, the Bethlehem Steel and the j
Baldwin Locomotive works."
Representative Mann, Republican, y
' Illinois, supporting te bill, said he c
^ did not sec how it would do harm
i 1 and probably would do some gfc'od. .?
URepresentative Moridell, Wyoming.?
5 majority leader, said the bottom had ?j
1 fallen out of business because -pri- ^
vatc institutions had not been able '
to extend the required relief. Re- c
\ vival of the finance coloration *
> j would help the situation and c^ould ^
r | riot under any circumstances, have <;
i I a harmful, effects he said. |
? Representative- Stevenson, Demo- J
f erat, South Carolina, denied that the ,
measure was class legislation. "
"The bijnks have gone the limit," c
^ he said, "and they can not extend;
? credits further. We must do it by ^
1 selling stock of the corporation to '
- .-I-JiL. it i
: i me investing puonc.
, Representative McFaddcn said the
- project was "nothing else than put
ting the hand in the hand in the pub- j
?. Uc treasury for the benefit of special ^
interests/'
? 'T don't believe honestly it is go- ^
i ing to help the farmer in the way he
11 expects;" he said. "You wOlbe call
ed upon to revive the grain corpora- ,
1 tion and other government war (
agencies^.' /;(
"Until the consuming public gets
- the full benefit of these declining ^
i prices, X think nothing should be done
1 to interfere."
1 Representative Madden, Republi- 1
> can, Illinois, said the measure would
- add another billion dollar burden to r
- the back of the people. ]
J "Already Europe owes $12,000,- t
s ; 000,000," be said, "This would add s
| another billion to that debt. It more- t
over 'sustains, high prices and does not c
r t aid the working people whose wages \
- j are being reduced all over the coun- .?
'ijtry." t
- j Other speakers supporting the res?I
olution were Representatives Strong, ,
- Republican, Kansas; Steagall, Demo-J.i
a crat, Alabama; Tinchcr, Republican,
r Kansas, and Wingo, Democrat, Arf
kansas. r _ _ ;
, COTTON MILL SUIT
V INVOLVES BIO SUM
e .
: The State.
- Ode of the largest civil suits ever
3 fought out in the South Carolina
tmll mm nn "fnr
1/ I WUi W VI1U WUIV/ VIJ-Vi. vva*w*v?? j.m.
ijtiori in Newberry county in the near
- future, according to ail announcei
mcnt of attorneys in the cade here in
Columbia.. The suit has been , brought
1 by William Coleman of Union against
2 the copartnership of the J. P. Stevf
ens & Co., of New York city.
1 A number of lawyers have been
- engaged by Mr. Coleman to fight the
:> case to a finish. Among these are R. t
- Beverley Herbert and H. N. Edmunds
* of Columbia, Hunt, Hunt & Hunter,
i Mower & Bynum and George B. Cromer
of Newberry.
3 Mr. Coleman, a prominent mill
- ' +>?/? Knilrlor anrl former
C iUUli OilU ?UV . VM44WVA **????
s president of the Glenn-Lowry Manu
facturing company of Whitmire, has
I filed the suit against the copartner3
ship of Stevens & Co., alleging dami
ages in the sum of $600,000. The
1 .papers have been filed in the clerk's
I office for Newberry county, and an
I . h
NOTED BALL PLAYER AND WIFE 1
Mrs. Anna M. Chase with her husban
>layer, who is charged in signed paps
uoney on women, losing large sums in
ribute adequately to her support. The
>n May 27th, 1913.
ittachment issued ajrains't the proper- fs!
y of the copartnership in this state.jit
rhe papers were served by Sheriff; r<
Please and the certificate of Mr. ty>
?hi!d, the president of (ilenn-Lowry; ^
Manufacturing company, show-* that 11
.he copartnership or J..P. .Steven's &|cl
Jo. have property in. Newberry j si
:ounty to the value of several hun-j"f<
u uu cnvu^ujiw uuuaio. .11
The suit arises out of the trans->w
'er cf certain stock in Glenr.-Lowry (ra
Manufacturing: company*, which w-tsi
?\vr.ecl by Mr. Coleman/and which I
Hr. Coleman alleges he parted with' 0<
hroug'h certain alleged fraudulent j ^
epresentations made by John P. j
>tevens,- acting on behalf of J. P.! ~
Jtevens & Co.. The complaint aleges
that Mr. Coleman was the own-1 ^
tr of more than a majority of the;
>2,000,0^0 worth of stock of the]
-.1 r us I
,TifcfJ!:i-JUO W I V illtlllUlUWIUl.Ug lU'U-j
any, and that he transfer red the j ^
ame to J. P. Stevens & Co. under an:
>ptional agreement to repurchase, |c<
rhich agreement it is alleged NJ. P. {
Jtevens & Co. declined to carry out, i1
: {41
tnd that such declination was due to t 'raud
alleged in the procuring of thei^2
ransfe rot* such stock. There are;CM
>ther parties who it is aleged coop-1 ri
irated with Stevens & Co. in depress- ^
ng the stock of the mills so that Mr. n
joleman would be preventing from
? ? !- 1 i.. 1 51
)eriecting nnancjai exits w sxercise
his rights under the option. $
The suit is - interesting as being n
>ne more step'in controversies which | E
lave arisen in connection with the, s'
}lenn-Lowry Manufacturing .-jcoin-j ^
>anj?v since Mr. Coleman gave up con- j
xol of its affairs. ' !^
There is already a suit in progress!
n Newberry between 0. K Graham: 1
tnd Glcnn-rLqwry Manufacturing j
:ompany involving- the. stock control! g;
iT,
)I UlC 111111. ... | u
IOVERNOR EXPECTS v 1 *
LARGE REDUCTION | E
f-he Slate. ' 1
Governor Cooper will rccomniciui a j 3
eduction in -the appropriations for i
.921 as compared v.ith jD20, with!
he exception of the public schools,:
according to an announcement madc|_
it the chief executive's office yester-1
lay. When asked as to what lie |
vould probably recommend to the J
general assembly, the governor madci,1
? o JV
he following reply: |C(
"I have not yet completed my j -\V
J
Attractive Wi
i ia tfee!
Best reache
i
A*fFW?mr\iT sv
mimm Mil
S. '
Through Pullman Ser
Cities and Reaor
Winter Tourist Ticket? on ?
; April 30, 1921. Final 1
L '
Southern Railway Systei
(
r '
Information as to h
mav 1")A lin
ii*vr.j ^ ~ jr
nearest Tick
f
r '
; S.I
District
r
WHO IS S'JEIKG FOR DIVORCE
(? I?.a;, uie former major league ball j
:rs in a divorce suit with wasting
gambling and with refusing: to concouple
were married in Jersey City
i
i
? a? w?i aw?wan? ?? id ? ;
udy of our tU'ii budget in all of!
c detail?, but I will recommend a j
uluclioii in appropriations from the I
v:xr 1020, with the exception of the!
ruination tor lfte puDJue scnoois.
lays' satisfied, further, that with
Llicr rccc^m epilations which will be
ibrnitteu to the leiri.slature, the levy
5r 1L-21 can, ami will, be materially
duced. I expect to discuss this!
hole question "in detail in my annual |
Lossase."
I
I
\ viviv,:>' ): lu-nov. cv-ccitefl in no i
* 7 i
.her locality, is produced by the i
.'cs of Malta.
. ' ' i
. . . . i
IANY LIKE THIS IN NEW3ERRY
*
imilar Cases Being Published ? in
Each Issue. '
f *. r .
tiny occurring daily in Newberry, j
on fiqav m:\tlcr.trt vnrifv it. YoU '
innot ask better <pjoof.
K. V.r. Higgins, civil engineer, i
130 Hunt St.v Newberry*, says:
My kidneys were so weak some
me ago that I seemed to have no
anirol over tneai. The nains in the J
ight side of my back were terrific. |
here was a dull rain in the bark of j
ly head. I could hardly walk at I
* ? ? T I
;mes, my leet wore so to/iaer. 11
nffcred in this way foV about two
ears before I read of Doan's Kid-1
I
ey Pills. I bought a supply of1
. *1.^1. n. MJl T, /Imrr!
'oan s au uuu?i <k >? ccm v^v. o i
;ore, and Began taking1 them. 11
sit relief from the first box and
ontinued use brought me great recf
?
(Statement- given November 20,
91-1.) s y.
On March U2. HM8,. Mr. Higgins
iid: "What I said before about
loan's Kideny Pills still Isolds good. |
was seriously affected v/ith kidney;
nd bladder trouble and I found
can's Kidney Pills to give wore reef
then any kidney medicine I ever
)ok. I recommend them frequently
nd know they are just as represent- j
d"
60c, nt all dealers. Foster-Mi]burn I
'o., Mfgrs., Buffalo, N. Y.
t
otIce ojf annual meeting
OF BOARD OF COUNTY COMMISStoNERS:
.
Notice is herebfr ?iyen that the anaal
meeting of 3he'.board-of county
>mmissioners foft Jtfewbeny county
il! be held on Thursday, January!
j . T ~~ *
nter Resorts
South j
d by the I!
.WAY SYSTEM I
J
irice to the Principal j
is of the South
1
>ale October 1, 1920 to
!imit May 31, 1321.
m Dining Car Service
ires and schedules
on application to
:et Agent.
i. McLEAN,
Passenger Agent,
r*5%. f!. i
WAVj w. _|
li
(>, 1921. All persons holding d<*-,
inands of any kind against the county,
or previously presented to the
board, are hereby requived to fjl<? the
same, itemized and proven according
to law, /with the undersigned on or
before Janudry 1, 1921.
J. C. Sample,
Countv Sooervisor.
IL 0. Holloway,
Clerk of Board, etc.
12-10-17-24-31'.
I I III II BJ i _! I !! || v.-*-.
SUMMONS FOR RELIEF.
(Complaint Served.)
The State of South Carolina?County
of Newberry?Court of Common
Pleas?. i
William Coleman, Plaintiff,
against
John P. Stevens, Samuel D. Stevens,
Nathaniel Stevens, Moses P. Stevens,
Robert P. Stevens, George M.
Day. H.. V. Brewer, co-partners in
business trading under the firm
name of J. r. btever.s & Company,
Alex Long and Barney H. Herren,
Defendants. i
To the Defendants a#bove named:
You arc hereby summoned and required
to answer the Complaint in
this action of which a copy is herewith
served upon you ynd to serve
a copy of your answer to said Complaint
on the subscriber at his office
in Columbia, South Carolina, within'
twenty days after the service here
of, exclusive ot the day of such service;
and if you fnil to answer the
Complaint within the time aforesaid
the plaintiff in this action will apply
to the court for the relief demanded
in the Complaint.
R. B. Herbert.
II. N. Edmunds,
Hunt, Hunt <fc Hunter,
.Mower <fc K.vnum,
George B. Cromer,
Plaintiff's Attorneys.
November 1'J, 1920.
To the Defendants John P. Stevens,
Samuel D. Steven:-, Nathaniel
. Stevens. Moses P. Stevens. Robert
P. Stevens', George M. Day, H. V.
Brewer, co-partners in business trading
under the fiVm name of J. P.
Stevens & Company:
You are hereby notified that the
Summons and Complaint in this action
was filed in the office of the
Clerk of the Court of Common Pleas
for Newberry ( County, .South Carolina",
on November 22nd, 1920, and
is now on file there.
' R. 3. Herbert,
H". N. Edmunds,
Hunt, Hunt & Hunter,
Mower & Bynum,
George B. Cromer,
Plaintiff's Attorneys,
r Newberry, S. :' 12-7-3t-ltaw
NOTICE.
Whereas, stock'certificate 10:? in
the Peoples National Bank of Prosperity.
South, Carolina, for one
share of'stock, which said certificate
is the property of the .undersigned,
has been lnsir
Notice is hereby given that the undersigned
will apply to the Peoples
National Bank of Prosperity, South
Carolina, on January 17, .1021, for
j i /
PATR(
I . . ...
We extend
A WM
4 ' ' ' '
! ' sr
[ * ' :
*
1 /* . ?
it you are
a bank
1 1 7^
#
please
f: at
ine rate
: New)
B. C. MATTHEWS,
President.
f i
State, Cour
Mprrshp.
I
I a new certificate of stock to be issued
in lieu of the above certificate,
I which h;:s been lost.
[ (.Signed) Mrs. S. S. Tillman,
^ Trenton, S. C.
i Trenton, S. C., Nov. 30, 1S)?0.
| 12--3-0t.
| NOTICE FINAL SETTLEMENT.
i I will make a final settlement of
jihe estate of Annie Marcus in the
I Probate Court for Newberry county,
'.South Carolina, on Thursday the 30th
i iiay of December. 1920. at 10 o'clock,
I in the forenoon and will immediately
| thereafter ask for my discharge as
| administrator of said estate. All
persons holding claims against estate
; of Annie Marcus, deceased, will prei
i-ent same duly attested to the underisicrned,
on or before December 30,
1920.
T. A^ Williams,.
Adm.
Newberry, S. C. Nov. 29, 1920.
j To prevent a cold take 666.?Adv.
j NOTICE TO WATER CONSUMERS
; After December 31st inst., the reiduced,
emergency minimum of 50c
j per the month (which minimum was
i put into effect last summer during
I ' -i j. v u.i
' Wtltcr snoi'tcl'^i;) Will UC Uiatuuunucu,
and the okl ruling of .?l mir,. charge
per the month on each water meter
will back into effect.
II. \V. Schumpert,
Superintendent.
112-10-21.
;
iiP
^ v Ho Sa'ostiistes g
IS fcr : ; |
f; Purely a
j| Vegetable |
i I Lifer Mecfieme |
;?i& p.? 99
! &9g99999999nfl
| f_ .
1 WOOD SAW*:
]>o not format that when you I
chine,, cut of which you have set
with Bosch Magneto, and whit
This machine is also controlled b
' prevents stopping jof Engine e
Saw. And last bufc not least thi
the machines that are not equif
* not have Level* Control.
COLUMBIA SUf
823 West Gervais St.
1 . ?
)NS AND Fl
.
uui utyoi ucai i
| ' \ 1 '
**
and
.'" ' :'/ : ' V .
py flfeiI
amnammmmHmmummmnmmmm
mrnmmmmmmmmmmmmam
contemplatii
account we
d to have yc
our institul
berry, South Cai
T. K. JOHNSTONE,
Cashier.
ity and City
r J Federal Reserve
t
I MEAN AND
! CROSS? HOWS
I YOUR LIVER?
Try SarDraS, An Excelcnt Stimulant
and Tonic.
One's disposition depends largely
on the'condition of the body. Hot
tempers usually are the result of
slugjrish livers, poor digestion, stomach
troubles, etc. The nervous system
hp to oDerate
smoothly when the digestion is upset.
A mean, cross disposition in thq
morning before- breakfast is a pretty
bad indication. - The system
needs cleansing. , J
Many wise folks take pains to
keep their bodies properly. A taJ
blespoonful of SarDraS before each
I meal will tone up the digestion, stimulate
the stomach, enliven the liver
and purify the blood. A scientific J
stimulant and tonic prepared from
medicinal roots- and. herbs. Improves
health and disposition by
; cleansing the body and reguiatirfg iti
! organs. I>oes what the common
j laxatives can not do. Contains no
J alcohol.
j All dealers and jobbers- ,
5S
j M.M.BUFORD
is fttlli selling lot! in . th?
j Middle Georgia Oil & Ga* Co&qwrji
t SanHlcrsville, Georgia
! DRILLING OPERATIONS NOW ON
BIG MONEY IN OIL
j Why hesitate wliev fhv' eonditiosi i
i are so favorable, when every lot pv>
j chased at $35 each carries with it
j the right of participating in ui
profits and leases of the company. .
| My headquarters are at Wb. John*
| son & Son's store. If mcro coarattj
icnt drop me a' .card and I will call
to see you. AX"'' ; "
Persons who have" purchased bt)
| would do well ta increase their holdJ
ings. Liberty- bonds takes in pay;
ment of lots at market price.
! We are on ..the last lap in selling
1 stock. Read D. L. Boozer's Tetter
! on the Middle Georgia Oil and Gas
compatfy.
J M.M.BUF0RD
* * " ' J' I. . - S I
" 1 . ' ' mm
NG MACHINE
f . - s\ ?. \ ' ^ r',
aujr oar Type "W" Drag Saw main
in the paper, that'you-fcufy one
:h^ alone "sells for about $40.00.
y lever and Friction Gluteh, which
very time, you wish to .stop the
is machine .sells for no more than ' 1 .
iped with Bosch Magneto/ and- do -
- ' ' ' ;
'PLY COMPANY
CoTuibbit, S. . " .
"IPI F
RIENDS
:y wishes for j
Xmas
/ V / V " *
?.n r / , -
* ' ?
; > . I
I
%
I Year j
... I
fig opening j
ti * _
win ue
' $f.r> ? ' ' >
m call JM
tiori. 1
MauTkarrir I
n&vmm ij
rolina i -j
_ i 3
W. W. CROMER
As?istant Cashier.
r
Depository j
Svstem I i 1
_ . i m
1