The Manning times. (Manning, Clarendon County, S.C.) 1884-current, May 04, 1921, Section One Pages 1 to 8, Image 1
Section Section One
Pages I 8,UA 43 1921
VOL XLI MANNING, S. C., WEDNESDAY, MAY 4,11921 ~II1
ALLI[D COUNCIL
PLANS ULTIMATUM
Reach Complete Agreement at Con
ference in London
LtMIrT OF SIX DAYS
BEGIN THIS MONTH
Drafting Committee Now Busy Comn
pleting Document to Be Finally
Passed at Another Meeting
of Council to Be Held
Today--Total Sum
Increased.
London, May 3 (By the Associated
Press.) -The allied supreme council
decided today to invite the United
States to send a representative as a
member of the supreme council and
also to be represented on the repara
tions commission and the council of
ambassadors..
London, May 3 (By the Associated
Press.)-The supreme council reached
a complete agreement this afternoon
on the substance of the ultimatum
to be sent to Germany by the repar
ations commission not later than May
6. The ultimatum expires six (lays
later.
The drafting committee is busy to
night completing the document which
will be finally passed at another
meeting of the council tomorrow and
then handed to the reparations com
mission, which has been called from
Paris and which will forward the
last word of the allies to the Ber
lin cabinet in accordance with the
treaty of Versailles.
The total sum which Germany will
be called upon to pay has been in
creased to 6,750,000,000 pounds ster
ling vy the inclusion of the sum due
Belgium on. account of her debts to
the allies.
Under the bonding scheme to guar
antee the payment of 100,000,000
pounds annually, plus 25 per cent, tax
on Gerftan exports, 600,000000
pounds ultimatum expires or German
accepts the term. Bonds to the
amount of 1,900,000,000 pounds will be
issued in November. The balance, 4,
250,000000 pounds will be issued in
accordance with Germany capacity
to pay. That capacity will be gauged
by the product of 25 per cent. on
exports.
Besides the 5 per cent, interests on
he bonds an additional I per cent.
ill be imposed on them to form a
sinking fund. The amount required
for service bonds will be thus 2,500,
000,000 pounds.
London, May 4 (By the Associated
Press.)-A new German offer to the
allies was telegraphet Tuesday from
Berlin to the German ambassador at
Paris for communication to the rep
arations commission according to a
statement ascribed by the London
Times to "Good authority."
The terms of the offer are not
known by The Times say it is be
lieved they are approximate to ac
ceptance of the allies decisions at
Puris on January 29.
It is presumed the offer will be
forwarded to London and placed be
fore the supreme council today, Wed
nesday.
Washington, May 3.-In the ab
sence of formal notifications, offeials
declined tonight to comment on the
decision of the allied supreme council
at London to invite the United States
to send a representative as a mem
ber of the supreme council #nd also
to be represented on the reparations
commission and the council of am
bassadors.
All questions as to what policy the
American government would pursue
in the matter of such representative
have invariably been met wvith the
statement that when such an invita
tion was receivedl it wvouldl be soon
enough for an answer.
The Harding admrinistration has
not hesitated to say that it wvill be
interestedl in the economic adjust
ments growing out of the war but
has not indicated a desire to become
politically involved in the European
settlements. Whether this would re
suit in the definite refusal of such an
invitation as was dlecidled upon today,
of the sending of representatives to
sit in at sessions of the council and
the commissions was not indlicatedl
tonight.
The United States has never had n
representative on the supreme coun
cil but Ambassadlor Wallace at Paris
was authorized to sit in at sessions
of the council of ambassadors by the
Wilson ad ministration and Roland
W. Boyden, now in Paris at the head
of a commission of exp~erts was for a
time a dluly accredited member of the
reparations commission.
It is undlerstoodl that the United
States still is hopeful of a solution of
the reparations controversy by (dis
cussions but whether it will consider
that such a course would be further
ed by American participation in the
allied councils is problematid.
PUBLIC H EALTH NOTICE
Tho community meeting which was
.heldl in the Pastime Theatre last Wed
nesday was excellent. Trhere were
about a hundred present to hear Dr.
Cornell's lecture on "S'ummer diar
rhea in children." The Dr. gave us
some splendid points on keeping the
baby well in the hot weather as wvell
as telling us what to do in case the
baby should get sick. He saidl that
"Summer complaint" is really "fly
complaint" and if we want to keep the
baby well we must kill the flies.
-If you did not hoar this lecture you
* ~ed something worth hearing and
heading
TO REDUCE WAGES
OF STEEL WORKERS
New York, May 3.-A reduction of
about 20 per cent, in wages for day
labor, effective May 16, and an equi
table adjustment of other rates in
cluding salaries, at the plant of the
United States Steel corporation was
announced today by Elbert H. Gary,
chairman of the corporation board of
directors. It is estimated that be
tween 150,000 and 175,000 employees
of the corporation will be affected by
the cut.
Mr. Gray also stated that the cor
poration had been unable to find a
pracicable tbasis for the entire aban
donment of the 12 hour (lay or turn,
in the immediate future. He added
that the 12 hour shift already had
been eliminated in certain depart
ments and that efforts would be
continued with the expectation of
entir ely eliminating this feature
within the next year.
Mr. Gray expressed the opinion
that he did not believe the corpora
tion could satisfy the employees with
any shorter limit.
During 1920 the average . daily
wage of employees was $6.96 against
$6,12 in 1919, according to corpora
tion figures. Total salaries and
wages disburse( by the steel cor
poration in 1920, when the total num
ber of employees was 267,000 aggre
gated $581,556,925.
0
Bishop Guerry will conduct ser
vices at the Episcopalian Chapel on
Monday night, May 9th at 8:15
o'clock. Everyone is invited to at
tend.
PROMINENT YOUNG COUPLE
MARRIED LASI WEDNESDAY
At 6:30 o'clock Wednesday, April
27, at the home of Mr and Mrs. W. E.
Daniels, their daughte' .Ethel, was
married to-Authur Smith of Charles
ton, S. C.
The home was a veritable bower of
flowers. The wedding arch was taste
fully decorated with pink roses,
smilax and ferns, from which a large
wedding bell of which roses was sus
pended. Only a fev relatives and
intimate friends witnessed the cere
mony which was performed by the
Rev. J. M. Plowden of Timmonsville,
S. C., an uncle of the bride. The bride
wore a beautiful traveling suit and
hat of navy blue with grey acces
sories, and carried a shower bouquet
of roses. A reception followed im
mediately after the ceremony. Pound
cake and old fashioned fruit cake were
served with block cream, after which
the lovely presents were displayed.
After spending a few weeks touring
the Southern States, the young couple
will make their future home in Char
leston. The popular bride is the
youngest daughter of Mr. and Mrs.
W. E. Daniels and the bride groom is
a rising younIg business man of
Charleston.
'SHINERS HAVING
HARD TIME NOW
Sheriff Gamble Now Hot on Trail of
Violators of Liquor Laws
Moonshiners who are operating in
Clarendon will have to "watch their
step" in the future for Sheriff Gam
ble is determined to stamp out the
violators of the liquor laws of this
State and als the United States.
The total in the drag net last week
was twelve stills and ten men. Be
ginning the early part of the week
Sheriff Gamble assisted by Rural
Policeman Peavy, Chief State Con
stable Eichelberger and Fedleral Of
ficer Kelly got busy and up until Sat
urdlay night they had captured eleven
stills and nine men charged wvith op
(erating the same. The men arrestedl
wvere Charley Bonnet, Wes Edwards,
Richardl Roberson andi John Borrous,
all of near Summerton ; next came
JTohn Green andl Willie Amos of near
Silver; .James Johnson andl Buck
Blackwell of near Jordan; the last of
these being WVarren Hicks, the said
Warren invading the sanctity of the'
city of Manning.
Messrs. Eichelberger and Kelly left
Saturday night for their homes in
Florence. M essrs. Gamble and Peavy
thought they ought to have at least
one more, so early Sunday morning
they jou rneyedl over towardls Alcolu.
Trhis little jouruey nettedl one Bill
~James, who thos 'wht he had'a perfoct
right to manufa .ture 'shine.' This
ended the weeks work, and we believe
it wvas a goodl week's wvork at that.
Sheriff Gamble is dloing some ex..
cellent wvork as he hadl fourteen cases
at the last term of court an dalready
has fifteen cases listedl for the Juine
term.
PINEWOOD NEWS
Th~le Rt. Rev. W. A. Guery D). D.
Bishop of the Diocese of Soutfi Caro
lina will make his annual visitation to
this Parish on Sunday afternoon, May
8th. Services will b~e held at :30
o'clock in the Methodist church. A
cordial invitation is extendled to all
dlenomninations to attendl these ser..
vices.
W. D. Eppoeon,
Senior Warden St. Mark E Ipiscopal
Church.
PAXVILLE NEWS
Baby Conference Paxville School,
May 10th from 10:00 a. m. to 5:00
p. mn. All children under beven year.
Come and bring- vour childrn,
NOTES BY COUNTY
DEMONSTRATION AGENT
THE SWEET PTOATO CURING
AND STORAGE HOUSE.
The sweet potato is one of our
surest crops and it is a crop that is
very easily grown. Also it is one of
our best and most palatable food
crops, and yet it has tiever been
grown and used t'o the extent that it
should be., This is largely due to the
Sact that under the old plans it has
een a very hard crop to keel) during
the winter months. This great ob
stacle has been overcome by means of
the Sweet Potato Curing Houses
which are now being used successfully I
in so niany sections. With disease
free seed stock planted on land which
has not been planted to potatoes in
three years, and reasonable care in
handling and curing Lhe potatoes,
these houses will keep the potatoes.
As already mentioned, this fact has
been demonstrated beyo;!d question
of a doubt. '
I do not wish it understood that I
am recoinmenl ding the planting of
sweet potatoes on a large scale as a
commercial crop. We have no as
surance that the sweet potato market
next season will be a paying one. This
question is like that of the cotton
market; there are a great many fac
tors influencing it, ifnd no one can now
predict the price of sweet potatoes
next February with any degree of
certamnty. If any one does wish to
grow this crop on a commercial scale,
I will be glad to give him every as
sistance that I can.
But this phase of the sweet potato
business I am particularly interested
in. that is, that every farm produce
and cure enough potatoes to last that
farm next spring-landlord and ten
ants. This would help greatly toward
making the farm self-supporting, and
would I am sure be good, sound busi
ness. In most cases the 500 bushel
house would be sufficiently large for
this purpose. The house can be built
for around $150.00 where the lumber
is bought and hire(d labor is used. Of
course if a man has his own lumber
and labor the cost will be much less.
I want the farmers of Clarendon
County to think seriously on this mat
ter, and I hope that we will have a
inumber of these houses going up be
fore time, to harvest the crop. An
other pla . that has worked success
fully dn -somhe.soetions is the co-opera
tive house. In this case a number of
men go together and build one house
large enough to meet their needs.
Again we sometimes have individuals
or corporations who build houses and
store potatoes for the public, charging
so much per crate for the storage.
These plans are all good. The main
thing is to cure and keep your po
tatoes.
Any one interested in this matter
will please get in touch with me and I
will be glad to give you all the infor
mation and help possible.
If you have an idea of building a
sweet potato house, decide now and
plant the potatoes to fill it. Plant
only enough draws to get vine cut
tings for your crop, as they are much
better.
FAIIMERS MEETING
Al' NEW ZION
On Saturday, May 7th, at 4 o'clock
there will be a get-togethur and get
acquainted meeting at the New Zion
school house. W. R. Gray, Clarendon
County's Demonstration Agent, will
be there to meet the folks in the New
Zion section and will make a talk on
some of the problems now confront
ing the farmers and on what. he
wants to accomplish in Clatendon this
year. This meeting has been called
at the suggestion of a number of men
at New Zion so that all the folks may
get acquainted with Mr. Gray as soon
as possible andl to co-operate' with the
County Agent as much as piossible.
This coming Saturday at the Newv
Zion school house. Everyone who can
do0 so, make arrangements to aIttend(
this meseting.
FEEl) FOR LIVESTOCK
- AND SOIL IMPROVEMENT
Feed andl forage crops are the limit
ing factors in livestock farming. Soil
fertility is the limiting factor .in the
prodluction of feed andl forage; there
fore crops that will furnish an abun
dance of goodl feed and at the same
time imp~rove the soil are dloub~ly pro
fitable.
For wintering both dIairy andl beef
cattle, feeding steers and hogs, and
improving the soil, the velvet bean
both as a pasture crop) andl as a grain
feed is unsurpassed by any crop
grown in the South. In combination
with corn it is specially fine for hogs.
A growth of three tons p~er acre,
died crop, wvill contain as much nitro
gen as five hundredl pounds of nitrate
of soda. If grazed by livestock prac
tically there will be a pr1ofitable gain
in the weight of the animals and an
addition to the humius content of the
soil.
Record1s show that eighty acres of
velvet beans carried oine hundlred head
oif cattle four months.
Twenty tons of velvet beans with
ailage or other roughage will feed
thirty head of eight hundred pound
steers for one hundred and twenty
days.
The early speckled beans seem to
be the most valuable for feed on ac
count of the high percentage of beans
to the pod andl the ease with which the
cattle can masticate ' the thin hulls.
While many like the bunch bean be
cause of its habit of growth, t believe
that more feed and more humu. wilm
LOCAL HAPPENINGS
TW[NTY YEARS AGO
May 8, 1901
Mrs. J. E. Barnett of Mayesville, is
on a visit to her father, Mr. A. Loryea.
The Manning Methodist Church will
be dedicated next Sunday by Bishop
Duncan. There will be do service in
the Presbyterian churen Sundayv morn
ing on account of the dedication.
In some parts of this County the
hail did considerable damage. We are
told that some of the cotton fields
from Mr. H. B. Tindal's place to Mr.
Gentry's will have to be planted over
again.
The Associations of Sons of Con
federate Veterans met in the Court
House last Saturday with a fine at
tendance. The following oflicers were
elected for the ensuing term:
.1. HI. Lesesne, Commander.
W. M. Plowden, Vice Commander.
.J. M. Windham, Sec. and Treas.
J. 11. McKnight, Adjutant.
Rev. P. B. Wells, Chaplain.
Dr. C. B. Geiger, Surgeon.
Dr. A. Becker was granted a per
mit to erect poles and wires on the
streets of Manning for the purpose of
furnishing electric lights to the peo
ple.
Messrs. Hlarby & Co. announced
their plans of opening a livery stable
in Manning. This firm was composed
of Mr. Horace Harby of Sumter, and
Mr. M. F. Heller of Kingstree.
SECRETARY HUGHES' NOTE
DELIVERED IN BERLIN
Berlin, May 3.-The pote of Secre
tary Hughes to the German govern
ment replying to counter proposals,
was delivered to foreign minister Sim
ons at eleven thirty this morning by
American Commissioner Dressel.
-0
ADITIONAL LOCALS
Born to Mr. and Mrs. James Clark
this morning a baby boy.
Mr. D. Hirschminn has returned
home after spenting.::0l weeks in
New York.
At a meeting of the William-Bur
gess Post. American Legion, the fol
lowing officers were elected: Post
Comnian-ler, .Jno. G. Dinkins; Vice
Commander, Chovine Sprott; Adju
tant, Tavlor Stukes; Chaplain, Rev.
J. A. Easley; Sergrmnt-at-Arms, Allen
Williams.
Mr. and Mrs. Clarence Sprott i
tertained last week at a deli-rhtful
barbecue supper. The rooms were
beautifully decorated with roses, ferns
and sweet pens. A large crowd of
guests were in attendance and enter
tained by music and progressive
rook.
"The Deacon," a comedy drama was
played by local talent of Jordan at the
school auditorium on Tuesday evening,
April 26th. This play will be staged
at Pinewood on Thursday evening,
May 5th. at 8:30 o'clock. The pro
ceeis will be used for the beriefit of
the Jordan -:chool. Admission 25e
and. 35e.
The Presbyterian Sunday School is
planning to observe Mother's Day
next Sunday. Every member of the
congregation has. been urgedl to at
tend Sunday School as an honor~ to
their mothers. The Pirimary de'part -
ment has arranged a special program,
and all babies on the cradlle roll are to
be ptresent. It is hoped that the at
tendlance' will be the largest in theI
hiistory of the church.
Miss lleadlie Richnman leaves wvith
her uiicle next F'riulay morning for
New York City. Miss Richmani is
only sixteen years old and came to
Amneriua recently from Ru:ssia to visit
her lbrother. With practically ino
knowledge of English she entered the
College Preparatory school and has
madI~e wonderful advancement in a
sp~eaking vocabulary, writing and
niathematics.
As a great many of our people
missedl the performance of "The Mi
crobe of Love" which was lalyedl by
the American Legion post a short
wyhile ago, they will now have the op
portunity to witness this fine little
musical comedy. TIomorrow night
(Thursday) our peCople will play at
Summerton for the benefit of the local
post of Summerton. Everyone who
missedl the play here should attendl the
Sunmmerton performance. It is a fine
show and well worth your mioney.
be obtained by using the running
beans.
Records show that South Carolina
spent $50,000,000.00 for feeds in
1920. Had velvet beans been planted
in all the corn and a yield of eight
hundred poundls per acre gathered,
the bean crop) would now be wvorth
something over $16(,000,000.00. TPhis
dloes not include the Immense value
of the humus and nitrogen that would
have been added to the soil by the
vines.
Grow velvet beans this year--make
feed for livestock and improve your
soIl. W . ryConyAet
MRS. RANKINE'S BODY
FOUND IN HARBOt
New York,- May 3.-The body of
Mrs. Annette K. Rankine, wealthy
widow, who disappeared here on
April 1, tonight was found float
ing in New York tharbr, n iar the
South Brooklyn shore.
Identification of the body was made
by Miss Spink, who was Mi-s. Ran
kine's nurse and companion, and
Frank Clouting, her chauffeur. .Mrs.
Raikine was the widow of William
Bireh Rankine, lawyer and founder
of the Niagara Fails Power com
pany. Following the death of her
husband a few weeks after their
marriage, Mrs. Rankine suffered from
fainting spells and had since been in
ill health.
On the afternoon of her disap
pearance Mrs. Rankine went out on
an automobile ride unaccompanied by
her nurse. She dismissed her chauf
feur near the Manhatten end of the
Queensboro bridge after having made
inquiries of him concerning the to
cation of pawnbrokers' shops and
adding that she intended to walk
home.
No further trace of her was found
until the .marine police tonight dis
covered her body, although a search
was made for her by police and pri
vate detectives in several states.
MISSIONARY SOCIETY
HAS GOOD PROGRAM
The Woman's Missionary Society
of the Methodist church will meet at
the church Monday at 4 p. m.
Program-Naishville, the Historic
Center of Methodism.
Ihymn 1.
Business.
Missionary News -Mrs. A. T.
Helms.
Bible Lesson-"The Vicarious Min
istry of a Nation." (Isa. LII 13-53,
1-13. c f. Mark X 35-45). Mrs. H. V.
Bigby.
Prayer.
Hymn 143.
Topics-1. Early Methodism in
Nashville-Mrs. G. L. Dickson.
2. The Story of the First Christian
Social Settlement. Mrs. .1. A. Cole.
Chain of Prayer.
Dues.
- - - ----
HAYWOOD NEWS
Married last Sunday at the home
of Mr. S. C. Lee, Miss Maggie Kerhy
and Mr. Joe Mitchum.
On last Sunday while Mr. P. W.
Stukes was at church one- of his plow
hands broke into his store and help
ed himself to everything he wanted
empt ied the money drawer armed
himrelf with a Smith & Weston and
escaped.
Preaching every Sunday at Bay
wood school house at 3:00 o'clock.
Public invited.
CHICKENS A M[NAC TO
BEAUIlFYING TOWN
Chickens are very annoying and de
structive to the general public in
Manning. The attention of Council
has been called to this matter, but we
are informed by one of our Aldermen
that they are powerless to control the
chicken situation as there is no State
law against chickens running at large.
In other words a citizen that pays i
tax (and we might say a large tax
payer) ('an get no protection from the
city in the way of keeping other peo
ple's chickens from destroying and
ruining everything he plants on his
own prem ises. Now, we do not care
to take issue wit h our city fat hers,
for we (do bel ieve they are in favor of
puitt ing a stop to this Opubl ic nui sance(.
but so far they fe'el that they have no
p~ower ini which to control the situa
ion. It 'may he that it would b
ilk gal to make a specifie hi w aga ist
chickens rounning at Iarge as a
chicken seems to be a privilegedl chiar-.
uacter, but we do0 know that where a
clhicken goes on anothers prop~ert y
andl causes damage that wvould he
termedl a niuisance, andl for in forma
tion to the public we give Webster's
definit ion of a nuisance. "That which
annoys or gives troubhle and vexation,
that which is offensive or noxious.
Nuisances are p~ublic when they an
noy citizens ini general, private when
they affect indlividluals only." All towns
have laws against nuisances, and in
our opinion the chickens can he con
trolled undIer the above definition. We
respectfully ask Council to consider
this matter carefully. Th is is not
written alItogether from a sel fish
standlpoint, as wve have been asked by
several, if there was no law~ to pro
tect one's prioperty from being dIe
stroyedl by other peoples' chiickens. At
the same time we are constantly an
noyedl with these nuisainces, and there
by ask for ielief.
Some people take the position that
to protect your property you must
keep the gates closed, andl if the gates
ar~e left open a chicken hais the r-ight
to wvalk in and dlestroy what you have
planted. It's a 1poor rule which dloes
niot work two ways, then if this be
c'orr-ct, andl a person should leave his
front door open, a man wvould have
thne right to go in another's house,
takp an a xe, andl break up the furni
ture, just because the door wvas left
open. The majority of our people like
to see the town beautIfied, and unless
something is (lone about the chickens,
civic imp~rovements will not amount
to much. The greatest organization
we have ever had in Manning in the
wvay of beautifying the town is the
Civic League, and we feel sure they
vo our seannemnts In this matter
SHORTAGE fOUND IN
BANK[R'S ACCOUNT
W. T. C. Bates, .Ir., T'ells of Hundre-ed
and Fifty Thousand Deficit
AMOUNT MADE GOO);
NO LOSS TO BANK
)irectors and Examiner Issue State.
mienlts Saying That Atmount Has
Been Replaced. No Danger
to Depositors.
A shortage of $153,249.70 in rhe
acc(Ofnts of W. TI'. C. Bates, Jr., at,
assistant cashier of the Liberty Nia
tional bank of South Carolina, was
made pubbec last nlight in a state
ment issued by the directors of the
institution, w'1o at the same time an
lounced 1that the a moun had been
niade good by the directors, the rel
atives of Mr. Bates and by Mr. Bates
himself.
A. S. 1Mainning, presidlent of the
bank, said last night that existence
of the shortage became known to the
bank officials several days ago when
Mr. Bates went to Juliein C. Rogers,
the cashier, and told him of the mat
ter.
Late last night Mr. Bates had not
been arrested, but was at his hone
in Columbia.
Fully Protected
The matter is being handled by 0)
L. La Rouque, national bank exan
iner, who when asked for a state
ment with refer.mice to the shortage,
said: "We are in the midst of ou
regular examination an( our report.
will be forwarded to Washington as
usual when completed. I prefer not
to discuss the matter further than to
state that in my opinion the bank is
fully protected against loss by rea
son. of the shortage disclosed. I will
state further that the records of the
treasury department show that no
depositor has ever lost a dollar in
or through a ni tional bank in South
Carolina."
The directors signed a statemednt
last night assuring the depositors
that there will be absolutely no loss
to the bank and that the shortage
has been made wood.
The statement, wnien is signed by
W. A. Coleman, .J. E. Timberlake,
Walter T. Love, T. ). Ruff, S. B.
Fishburne, A. I. Kohn, W. J. Con
way, S. K. Oliver, J. W. -McCormick,
R. Beverley Sloan, H. 11. innant, M.
B. I)uPre, Carroll II. Jones, T. E.
Pearce, R. L. Bryan, A. D. McFaddin,
JT. W. St. ,John, A. Coke, Summers,
Allen L. Rogers, J. D. Miot, J. K.
Crosswell, William ff. Inglesby, R.
C. lianier, Charles It. Barron, Julienl
C. Rogers, C. L. Kibler, D. C. Mc
Alister and A. S. Manning, the di
rectors, follows:
Shortage Made Good
"larning that certain rumors ex
ist regarding a shortage in the ac
coults of W. 'T. C. Bates, Jr., one of
the ass:tant cashiers of our bank,
the undersigned desire to make the
;follo(winlg statemlenlt to the public,
to wit:
"A shortage did exist in Mr. Bates'
accounts amounting to $153,249.70, but.
this shortage has been made good by
the direetors, the relatives of Mr.
Bates and Mr. Bates.
"Mr. Bates also has assigned tor
the benefit of the directors anJ-the
bank all of his proplerty, both real
and personal, the major portion of
the personal property bing the as
sets of the Bates-Coleman Motor Car
comliany, of which Mr. Bates is now
sole owner, having bought the hold
ings of his former associate, Allen
Coleman, some two years ago.
"Th'ere is now and will he ab-so
lutely no loss to the han.
''The wole maiter is beinig hand led
by 'the tntionaiIlibank examiner and
the shortage has been adjusted and
the ban k's intere'sts fully protected
satisfactorily to hiim.'"
Mr. Ba tes has becen in the emphloy
oif thle I Aiberty National hank of
South Caroli na for several years. If e
told offic i'-ls of the hank, they say.
that the :-hort:me exte(ndedl overa
period of a numberm of mtonthsw.
-----
IIOOVEI( WOUL.I) SE
Washingon, Ma:y 3.--Immediate
congressional action to check the itn
roadls of G;erman foreign tradle in
the United States was urged by Sec
retary Hloover before the house ways
and mteanis comm iiittee. A rev ived
German commerce, he saidl, was fast
driving ce(rta in Ameurican linies out
of husitness.
Tlhe commerce dlepartment head de
cared for a protective tariff ''of a
Inarge ordler'" and1 sploke favorably of
the contempla11tedl change in policy
with respect to the basis of assess -
ing import dlutie~s. The committee is
conside'ring the establishment of ant
American standard of valuatig~n to
supplant the presentt system of levy
ing tariff on the value of imports in
the land of producdtion.
Such a plan, Mrt. I loover saidl, ap
leatred to be the only solution to the
problem of meeting sales by G;ermatny
anid other foreign countries whose
currency is badly depreciatedl. While
(declaring it to be' necess'irv in
normal times, he e'xlainled that the
ex igencie's of piresent trade condi1
tions ,warrantedl action of the sort
p~roposed in the bills before the conm
mittee.
Germany continues the policy of
indirectly sulbsidlizing het- indulstries.
Mr. Hoover said, adding that on the
basis of reports b~y federal agents
the subsidy amounted to around 50O
per cent, of' the nroductIon Cnst.4