The Dillon herald. (Dillon, S.C.) 1894-????, January 01, 1920, Image 8

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WANNAMAKER SEES COTTON GO HIGHER. Sayt World Sliortage Can Not Be Overcome. "A painstaking investigation by the American Cotton association, through the most reliable sources in Europe for the purpose of securing all possible information on the exchange situation and the European demand for raw cotton conveys the absolute certainty of a world demand for 17,000,000 bales of American cotton," says a statement issued by J. Skottowe Wannamaker, president of the American Cotton association. "From whence this cotton come? Enormous contracts, some at far lower prices, both for Jong and short staple cotton must be filled. Cotton is dirt cheap today at $1 per pound, basis middling. "The best experts in the country have confirmed our statements that the world is facing a shortage in raw cotton and that manufactured products from cotton are enormously oversold. Europe will export more cotton than any previous year since the Confederate war. "In our investigation we consulted the best experts in Europe and America. We also consulted with the largest dealers throughout Europe. Our statements that the supply of raw cotton has been far oversold at far lower prices has been confirmed. Many of the mills of America and Europe have' old enormous amounts of manufac-j tured goods at fabulous prices. Eu-j rope is alarmed over the absolute, certainty of shortage of raw cotton. "Direct offers have been made! from a combination of the largest European dealers for the largest amount of raw cotton ever sold at one time or the largest amount ever sold in several consecutive deals, the ,price offered being far above prevailing prices. In desperation and to secure raw cotton an offer was made to pay to the producer the amount now being deducted for exchange by Europe, it being realiied that exchange conditions will finally become normal. "With the information in hand on supply and demand, worldwide, and the price of the manufactured product, I unhesitatingly urge the producers to hold their cotton. Europe has already exported 1,000,000 more WJW IDIS y?ftr lUftll lasi. jlai auutwvu to this an enormous amount of cotton now in America has been sold already. We are facing the absolute certainty of cotton selling on the basis of fair price. "An investigation of the New York exchange by a committee of spinners haa been arranged for the purpose of trying to arrange Southern warehouses for delivery. However, it is too late to lock the door after the horse is stolen. "Nine-tenths of the clothing of the I ( 15,000 yds. Best TOBACCO CAN Pnr Sale. Is I * We are rigl I ter goods?coil I men's Underwe I load at a great I ry over any wii {winter goods ai date wearing a] - We must unloa< (SPECIALshoes cut in 1 I ^ 1 world is made from cotton, there Is a world shortage and the demand for manufactured goods at unheard of prices is the greatest on record. Far higher prices for cotton is an absolute certainty; you have the choice, to sacrifice your cotton at prevailing prices, permitting others the privilege of reaping what they have not sown, or of holding your cotton for a just and fair price. If you have an ounce of sense you will adopt the later course. "Pay no attention to the misleading statements being issued by peo ple who have sold sometmng iney do not own; that they can not secure and which does not exist?the cotton you have which they greatly desire for the purpose of releasing them from their predicament.'' o MOVES ABOLITION OF CAPITAL PUNISHMENT. Columbia, Pec. 23.?The abolition of capital punishment, the calling of. a constitutional convention for the making of a new constitution and the! doubling of the salary of the attorney jj^neral are the outstanding recommendations made by Sam W. Wolfe, attorney general of South Carolina, in his annual report which he has just completed. The attorney general's reasons for urontinfi- ranital Dunishment done away with are that the punishment is cruel and therefore against the con stltution; that the juror revolts at the thought of inflicting death and his mind becomes fertile ground for the "reasonable doubt;" that the death penalty becomes excuse in the minds of the mob for violence; that the death penalty, according to statistics, is not a deterrant to crime. The attorney general also wants a new code every five years and a codification of the statutes now. He suggests a simpler form of indictment; additional legislation to stop automobile stealing; a deposit by corporations against dissolution under defunct financial condition; amendments to the game laws; laws to make efficient the public service commission; a law to make a person who wrecks a train amenable to life imprisonment; laws to make the "inderterminate sentence" apply only where the sentence is for less time than life; amendment to the "extract | law" to provide a confiscation of 'stock on hand after conviction; laws I to provide disposition by the State of confiscated firearms; and laws to forbid automobiles from approaching the intersection of highways at speed faster than five miles per hour, in order to prevent automobile accidents. There are also a few other minor recommendations. A resolution for a constitutional convention in 1921 in now on the calendar of the House of, Representatives. It has passed the senate. * Grade Moi VAS ITOCi I it in the midst of st< - f T J! p _ sisting 01 Laaies co :ar, and other winte sacrifice and take 01 nter goods, we will < e disposed of. It v jparel at far below i even at a great lo: / Every pair proportion. MORRIS j EQUALIZING TAXES. Tax Commission Instructs Auditor Allen to Furnish Names of Industries, Etc. Auditor Allen is in receipt of the following communication from the South Carolina Tax Commission which indicates that the Commission will renew its efforts during 1920 to equalize assessments so far as they relate to industrial plants, as well as mercantile establishments. This move on the part of the Tax Commission has been anticipated for some time, as it would have been manifestly unfair to Mmsvnn moconntil. oof oklicVimontQ at a i aoocoo Hicaauunj wvi*Uiiuiiu?v?vw I*v ? higher rate while other industries were permitted to remain under the old assessment. The letter to Auditor Allen follows: To the County Auditor: Dear Sir:?In taking returns for the ensuing year, we want you to secure the correct post office address of each individual, firm and corporation engaged in the mercantile business, and the following industries; Saw Mills, lumber plants, bottling plants, bakeries, ice plants, laundries, ginneries. printing and publishing plants, brick and tile, marble and stone plants and the address of all other persons whom you know, or have reason to believe, are engaged in any industry whereby raw material is converted into finished products. It is the purpose of this Commission to continue the work it undertook as to the assessment and eoual ization of mercantile property, and to extend its efforts In order to properly assess and equalize the above classes of property. Your cooperation is necessary in order tQ expedite our work, and see that the tax laws are rigidly enforced. The Commission is now preparing a list of automobiles in general use in South Carolina, showing the style of car, and the 42 per cent value of same for purpose of taxation. We want to have this list in your hands by January 1, 1920, to be used by you and your boards as an aid and guide in assessing cars in your county. Please be careful to note on each tax return the name, model, year make and style of car, and passenger capacity. The tendency has heretofore been on the part of the owners not to make full and complete returns for all farming implements and other machinery used on the farm. We would call your special attention to this, s0 that when you take returns you will make careful inquiries as to this class of property. A great many farmers have purchased tractors and have installed liehtine plants in their homes, and it is your duty to see that these properties are returned to you on the basis of other property. Youfb very truly," South Caroline Tax Commission, A. W. Jones, Chairman. J. P. Derham, Commissioner. W. G. Query, Commissioner. * rris Fass Cj. Jl m\ i )ck-taking?on ever ats, Suits and Dress r merchandise too ur loss, no matter w zommence a tremen trill pay you handso r manufacturer's cc !c fn ourselves. J ?J V V VMS WW* > w. Zeigler Bros.' 1 FASS DEI DILLI Teachers' Examination Notice. I \ , A special teachers' examination has been ordered by the State Board of Education for Saturday, January 10, 1920, to enable teachers whose certi ficates have expired to renew the same. The same will begin at 9 o'clock at the courthouse. R. S. ROGERS, 1 1 2t. Co. Supt. of Education. FOR SAL At $4,00 pe \ Aol^rnroA of Hillrm VIV11 T VI VV( U V aaavaa and one-half bales was planted made Sen l a bi \ Departn ore KING i y hand we find thai :es Blankets, Men's ; numerous to mentic rhat it is. To carry dous price-cutting a mely to attend this >st. Remember, tha I, 15.00 Shoes wil ?ARTMEN )N, S, C, ELKS PLAYERS COMING. i One of the very special features i is the composed of Carolina ' Beauties. They are supported by a cast of gorgeously dressed musical comedy principals. The Elks Playens will present a series of New York's most recent ( musical comedy successes here. Under management of Crawford- Kelly Attractions, Inc. 1 1 It. ' - V ^ IE "GET THl ?ZCOTT ~ ^ XI I I I 4 , j), t. ino irouDie i per acre. My croj me over two bales p d in your order at o IADDY, DILLC % nent 's<>' TO SAL l we are heavily ove and Boys Clothing, >n. I have, therefor out our plan and in ind will continue to > sale and supply you t no reasonable offei 1 be sold at 1 T STORE Orove's TuMeu cMO Tbak ^Hjl restore* vitality aad energy by pori/yiai u<? H| richini tJM blood. Yoo can mm fool ha Sttagb Invidoradad Effect Price W habitual Constipation Cured 1 Bfl in 1A to 21 Days "LAX-FOS WITH PLPSIN" JEBy. "SB prepared Synjt>-T(iiiiL-i.tJA.iiivi for Habitual Constipation. It idie*?i* |<ro?ii!>tly but should be taken rc.g tlariy in; 1 t<? i\ days ' H9 to inducerejii-!ar act.wn i Si nnruitntnnd JHj Regulates. VV.y l"e^..:.t ??> T?r.^^3to 'jBfl S^^fBaifew"* vSE^2S^.^?6? tXrafir 1USHELS ' I ZRE FIRST' J ON SEED o make two to two 1 ) where this seed I er acre this year. I m BHiB ' K V 70 .ycfe. of Best Grade 9 BACCO CANVAS I For Sale. C n rstocked in win- M Men's and Wo- ^ 1 e, decided to un- I I order not to car- I do so until all the I rself with up-to- I r will be refused. I 0.85. Other I,