The dispatch-news. [volume] (Lexington, S.C.) 1919-2001, October 20, 1920, Image 3
WANNJVMAKER TELLS
OF CONFERENCE
Says Export Corporations Hope of
Agriculture
J. S. Wahiumafcei*. president of the
American Cotton asociation, has- returned
front Washington., whore ho
. attended a convention of ail tho
i ?
farm organizations of America. He
said tho association reprei. tted every
aide and phase of agriculture. Mr.
Wannamaker gaVe out the following
statement regarding the convention:
Aino ?as not oiuy ono or tne mosn
BANK S
I
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When this bank pron
cept, we commit ourselve
T.,?? ^ *- ? ~?
, m cvaj' way tiicit ct
Merchandising, lnd
It may be that you ai
many ways in which this.
We are always rea
problems with the view
tomer as well as the bank
SUPERVISED BY THE UNIT
The Home N
Lexingto
Capital, $50,000.00
Member of F ederal
r=====
r "Mr. - . .
t
Money^
You can get your ;
11 ir?r sa-nvr rf ic.-m of
bring back the nnusi
refund to you, witl
whole box.
The Black Shells f
perfection in waterp
in uniformity ? tha
guarantee.
Try The Black Shells
get your pet load for e\
black powders.
UNITED STATES CARTRI
t C^rtia in and get a copy
f
Winga
r- Meetzi
Eiitcrp
unusual, but one of the most Important
and one orf the most beneficial
conferences In the Interest of agriculture
and commerce ever held in
America^ Practically every agricultural
stato in the union was represented
by leaders of agriculture.
Leading senators and congressmen
and outstanding leaders in various
lints Of commerce, all intensely interested
in agriculture, took an active
part in the deliberations of the convention.
Two conferences were held
with the federal reserve board: these '
conferences were atteuded by reprc?
V . ' '
iLKVltt
f
3
J t
<
t
lises Service^and you ac- <
s to support your eitorts
ressive bank can.
<
ustry and Farming
i
I
re not familiar with the
bank can serve you.
. i
. i
dy to discuss- financial
of benefitting the ens- j
?
* i
ED STATES GOVERNMENT
]
ationa! Bank
n, S. I.
Deposits, $600,000.00
Reserve Association
:
'f '
' ^
-Back Sho
money back for The Black Shells
all, you don't like them. Jus
sd part of the box, and we wil
lout question, the price of th<
Vlave
reached so high a state o
roofing, in speed, in power, anc
t v/e can make this unlimitec
Atnwr fucwr
>^k,VJWL JI1CLL3
ikelexx and Black Powdea
i, if you don't jknow them. You cai
rery kind of shooting, in smokeless 0
IDGE COMPANYVn>w York, Manufacturer
of Tho U. S. Csuxta Law Book ? FULL
rd-Roberts Co., Lexington, S. C.
! & Son, Lexiagtorr, S. C.
/ ' ?
rise Hardware Co., Lexington, S. (
& '
f
/X
-A .
HI P , I .III f |, I ? I I. .J I
sentatlv?s from overy section of tho
nation, representing' ovorjf lino of a
rlculture, and without <?ceptian it
waM brought lo light tluit the ngrlcult?rul
interests of the cntlf conation is
loday suffering from thV \jiost* sfcrIcits
blow thut*lt has received in tho
last half century, anrf^pnless .relief is
extended, throcgh the .fedoral reseriro
Bystem as requested, the agricultural.
IntrestB, nationwide, will bj^ placed in
the Same deplorable condition that
was brought to "tho, agricultural inter
ests of the Houth following ,jjhn Confederate
war.
J11 addition to the addresses made
before the board by, tho-lieads of each
Of the hssociations'* several senators
ilso delivered adilresgfs. The address
of Senator E. D. Sm^th before the
federal reserve board nnd before-the
jceretury of treasury' made n wonderrul
Impression not, only upon delegates
attending the conference but
ilso upon all Interested partle^r It Is
he consensus of opinion that thfc' federal
reserve board will fiflly unde'ritand
the situation u^td will extend
very relief possible. It was likewise
he unanimous opinion of tholse present
that" regardless of the fact that
til of tho officials in Washington and
:he senators and congressmen In
iVashington are united in their judgnont,
that th? ilnanee corporaion
should be reestablished, and that
ts reestnblishmcnt would save milions
to agriculture and agricultural
ns^i
{I i uc. u. i fat. err. II
L;11 1
|1 jiAHH-rtRBIHT| -j
jS-r f CHILDREN " * '
}!? ; \ .* T
'!*.! j!STQMACH ui BOWELS . iff
ilr!, IT Jl V*j
v '
| \ |j3^' ^yMllifiwIj
j - ?-' :
|!^ ; ji rati taeTOts m? J
ii \i ! !fl ANTI.rCRMtNT R
j Iijlj ? ??* 3 ? ?
j ' *#>
Lj i| ROCK WlTrC. ^ J
v '"'H *S.* ^ JjTv^
Smokeless and f
^X. Black Paujdmrk
-//
>t-Shells
? Wc make exactly the
t same guarantee with
' (US) CARTRIDGES
There is no 22 Long
f Rifle cartridge as aci
curate at distances from
i 50 to 250 yards as U. S.
1 22 N. R.A. L^ng Rifle
T Tl.:.
uvaiuw* VUi WI1U^9< i tllj
Is 50 more yards of accuracy
titan has hitherto
been possible with 22
rim-fire ammunition.
^ Solid bullet for target
y work. Hollow-point
bullet for small game.
Cost no more. Ask for
*' circular C-93. ,
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Interests of the nation, and would im- j
mediately Jiavo a beneficial effect
upon the entire commercial life of the
nation, still Secretary Houston, - who
has entire charge under the law, of
reestablishing same, will not reestablish
the war finance corporation, and
therefore, the only relief along this
lino possible can come through the
earnest effort of the united agricultural
and commercial life of the nation,
in the formation of export corporations.
x The export corporation,
being organized In the South, was in- ]
dor'sed in the strongest terms and it
was earnestly urged that the . capi- 1
tal of this corporation should be increased
to 5100,000,000 ns speedily
us possible.
"I called this agricultural conference
In Washington recognizing that
If ..rtlt?f ... 1 -1 l ' -? ? - "
ii iciivi wuiu uu nuu unu u. luiier un- ;
dcrstanding brought about, this was
tho best course to pursue. I am convinced
that it will rcsuit in bringing
wonderful benefits. A permanent organization
of a national agricultural
congress will follow. National associations
of marketing associations will
follow. I have exhausted every effort
in my power to secure access to tho
markets of the world for our agricultural
products. I am convinced that
lhe? only possible relief to the cotton'
farmer of the South and the wheat
farmer of the West, the cattle and.
hog raisers of the Middle West, the
dairymen of tho North and East, in
fact every line of agriculture and
commerce, nationwide, is the formation
*of exports corporations. These ex
port, corpoations will form a great organization,
through which, cooperative
marketing can perfect direct
sn'fes abroad.
"I beg* that the people of the South
gtfje careful consideration to the present
-existing conditions.
" a ; Alports Shut Off.
- . ^Our exports" have been throttled,
tjer^rut Europe hpd a vast consuming
eofintry iVbroSul are- unable to secure
agricultural products, imports are
showing a Jremcnddus increase; cheap
pVoducts from the "Orient and other
sefctjon^ where labor can lie secured
frotn 25 to 50 cents per'week are pouring
into America A worldwide campaign
has been -conducted against the
high cost of living; nil of this has resulted
in absolutely destroying the
law of sftpply and .demand and it can
not bo restored until the channels are
opened and restored.' The channels
Iof tyadq^vviil not be opened except
I thrc/ugftvour own efforts.
"sfho. solution reached- by many
seems to .be that tho only way to re
dycc the high cost of living is to per-,
niit these conditions to continue. This*)'
however, would' eventually bring a
detfOjL,. blow to agriculture and in^HfoJ?-Th*e.*iiigh'cost
of living.
"From our present cotton crop more
cotton will rbmaln ungathered In the
-fields than from any crop^ wlthijn the
.last 50 years. We hav? passed through
live consecutive short crops and this
will he the sixth, the shortest-Qf the
six. If the markets of the world
would op6n the matter of sufficient
supply of cotton would' be at grave
qoncevn to the manufacturing industry,
and there would be an active demand
at apd above tho minimum price
rocotumcnded by the American Cottor.
association. Hcfwever, we are
without a market-and it is for this
reason that the various lines of agriculture
unanimously decided to use
every effort possible to put into operation
the necessary means for !
/reaching markets and i^ they fail in
this there will be the greatest reduction
of acreage and production naj
tionwide that has over been recorded.
Had Stormy Session, ?
j "The conference with the secretary
I of the treasury was very stormy at
J times, it being the firm conviction of
i the delegates representing the entire
| agricultural interests of the nation
j Unit the i eestahlishnient of the. war
! finance cdVporation would bo comnlv
j :ng with the law: that it was the abj
scduto duty of the secretary of the
treasury to comply therewith ami that
i it would bring immediate relief to
I the serious situation facing the agrij
culture of the.nation. This judgment
' was confirmed by many leaders in
; Washington. Rvcry official, with tho
(exception of the secretary ol treasury,
j indorsed in the strongest terms tbo reBARGAIN
IN A HOME
!
In tlit* incorporated limits of the
town of Lexington. Formerly home i
of Frank George. It is a soven-room
house only a few years old, built of i
the very best heart lumber before the
. rise In price. A large barn, smoke
l house,' tenant house and other out|
buildings are located on the lot.
House has electric lights and other
conveniences. Lot contains one and
ono-eights acre and has nice young
orchard.
Will be sold at a bargain for quick
sale. Can be bought for much less
j than the house could be built for. Ap|
ply to
E. M. DuPRE,
] Columbia, - - S. C.
establish merit of the war finance corporation.
Leading senators became so
impressed with the necessity of roestabllshment
of the same that they
used every' effort iu conjunction with
the delegation from the conference .to
sccjjfo this, all however to no avail.
The secretary absolutely refused to
comply, taking the position that It
would not be wise to increase the fa'
debtedness of the governments of Central
Europe for the purpose of marketing
agricultural products there, ou
requested. The policy of beating down
i J. M. V
f .am in bi
1 %
COLUM1
to serve the peop
nity. I pledge
will be of the hig
my prices right,
j that quality. Rei
me to please you.
VanN
Furniture an
Main Street
I . /
Chas. E,
IMINGI
. FIRE INS
Amplfe facilities t<
v * *.
I \uu~~ CI?j? J*'
Yfueii ttvciiiiig diimiu
Fall
YOU WILL NEED TO CAKE F
YOUR EYES. They, must rest
not be strained. OUR PERFI
L.eftses rest the eyes.
OPTICAL DEPARTMENT
AVERY, T1
1508 Main Street.
9
__
I Parts For
and Ante
We have a Compli
I Wrenches, Pliers, S
' , Spring
- Also A1
Automobile Oi
T . MAIL ORDE
We Prepay Delive
Guarante<
Lorick & L
COLUMBIA, S. C.
Whofesale Price* Furniahe
prices was startlingly illustrated by
one Of the prominer.^spvernmcnt,officials
In a statement t^pdc oji March
4, in vvhieh lie oaid/^Ijjdo notnhlnk: ?t
wili be wise of the govjggmnent to subsldlse
our producers orra inaln&&g Or ; i
Increase the level of Juices here by
stimulating sales to European coun'
tries, which find themsejfwes unable dr
unwilling to make payments for^their .
"urcho?""^ _ ' . ' ^
Do your part. Subscribe for stock i
4n the export- obrporatlflfe ?'* ?' * v?f>
r nn
anMetre,
isiness in
ma, s. e,
I -v v.#
le of this commumy
merchandise*
hest quality and
,
* consistent with
member, it pleases *
P
- .
letres
d Undertaking
Columbia, S. C.
'
URANCE/
an(J
I .'< ' ' ' ^'- '" '-^' ^ * ' - ?-W:Ai":' ^-^iv'?"
ie Jeweler I
COLUMBIA,S. C I
* 1
Ford Cars
>. Supplies
.
1 :.- > 7 . ~
>te and Full Line of
Icrew Plates, Chisels
[ Cvftters
1 Kinds of
:L J r?
is ami ureases
fete SOli&f Ejb. 1ry
Charges and I
5 Satisfaction
owrance Inc.
RETAIL DEPARTMENT
.
d to Merchants on Request
'
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