The Clinton chronicle. (Clinton, S.C.) 1901-current, June 12, 1919, Image 6
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©AMBLERS BREAK
COTTON MARKET
foe “this religious wish’’ by sentenc
ing her to- appearTevery morning for
30 days at the headquarters of the
commanding officer and repeating to
those present the phrase: “I am glad
that you are still here, gentlemen, and
it is my 'wish that you continue to
stay here for a long ■while.”
TMs-4s^-aH~ news to* the Aniericair
officers. If any worpan appears at
headquarters every morning, the sen
tries on duty have failed to notice it
It is part of their job to prevent tres
passing by Germans at the main en
trance of the Third Army headquar
ters.
Price Sduinp ('barged o Bear Specula
tors. Try to Effect Sales.
St. Matthews, June J. Skottowe
Wannamaker, president of the Ameri
can Cotton Association, in a statement
issued here this, afternopn declared
that “the sam§ bgar speculators who
sold an enormous amount of cotton
for July and October delivery with
the full expectation of depressing the
price of cotton to a starvation point-^
that is, around 12 1-2 cents per pound
basis middling—are the people who
are today breaking the cotton mar-
kef.” He declared that,, “their only
hopes of saving themselves a tremen
dous loss is to frighten the holders
of spot cotton into selling their cot
ton.” He declared that if they suc
ceed it will prove truly a calamity.
“I wish,” said Mr. Wannamaker in
his statement, “that I could write all
that I know concerning the inside
manipulation. However I do not feel
that this would be for the best. Some
day some things will be brought to
the attention of the. public concerning
the handling of cotton that will prove
not only a sensation but a scandal.'
When the curtain is pulled aside and
the public is permitted to get a clear j journalist, is of a s sentence
view and a truthful history of cotton, 1 w m c ij h e declares was'imposed upon
and how the price was depressed and a h 0 t e l owner,-whose nerves.could no
manipulated since 1914, the result will j on g er stand the “wild music" pro
be a complete shock. „ ! duced by the American bands and w r ho
“Political economist:! are agreed connn ented upon it unfavorably. In
TO PARE DOWN ARMY Bill
Another fictitious tale nararted by
the jLeipsic writer to arouse German
dislike for Americans, deals with a
case in which a woman, splashed by
mud from an automobile, ejaculated,
"Those dirty American automobiles
For this the Leipsic Munchausen
avers, a military court sentenced her
to climb the fortress of Ehrenbriet-
stein daily at 5 a. m. for 30 days, car
rying a pail, scrubbing brush and
scouring rag and to clean six Ameri
can automobiles. Upon completion of
this task, he asserted, she was re
quired to walk back home similarly
equipped.
Another fantastic tale told by the
that the price of commodities will rise
or fall as the value of money is in
creased or diminished. This economic
punishment, the fiction writer claimed,
the hotel man was sentenced to march
daily for 30 days alongside the band
law is unalterable and unchangeable. and a ft Pr its parade to tell its leader,
On the basis of currency iinflation, the y 0ur music pleases me to per-
price of cotton today would be as fol- faction."
lowsr In ton fhe end oTthe fiscal year j American intelligence officers are
showed under the old national bank- endeavoring t0 ascerta j n through
ing system a gold reserve of about channels the Leipsic correspondent ob-.
$600,000,000. The last ’•eport from the
federal reserve system is about $1,800,-
000,000. This is an increase on a ratio
of three to one. On the basis of cur
rency inflation cotton would be bring
ing today 39 cents, whUe-in 1914 it
brought only around 13 cents.
“On the basis of the world the in
flation is about six -to oi\e. Enor
mous prices of everything measured
by the dollar are with us to remain
for years to come.
“American mills, according to the
United States census bureau reports,
held on April 30, 1919, a total of 1,378,-
000 bales against 1,808,000 bales the
same time last year, or a deficiency of
430,000 bales, and to make up this de
ficiency and supply their wants for
the next three months, leading mill
men admit that, it will be necessary
for the American mills to buy in ex-
cecs of 1,500,000 bales from the close
of April to the close of July, this
amount being absolute’y necessary to
fill their wants. In order to supply the
enormous demands upon them for the
manufactured product. They will be
forced to largely increase their pur
chases over I.0O9.OOO bales from April
to the close of July. *
“At the outbreak of the European
war foreign reports show mills held
of American cotton 2,700,000 bales, of
which today they hold only 1,200,000,
making a Caficieacy of 1,500,000 bales.
Thus it will be seen that America and
Europe need to make up a deficiency
of at least 3,000,000 bales from the
present supply. It must also be re
membered that the world is bare of
cotton goods, and this deficiency must
be made up by extra time of mills on
both sides of the Atlantic, and that
this' will require far more than 3,000,-
000 bales from the close of April to the
close of July. If the mills do not con
sume 3,000,000 bales within htis period
it means there wil’ be great suffering
on account of the ur.dersupply and
the need for cotton goods.
“F-pot cotton in lar:.e quantities is
being shipped to Europe and just bow
much may be shipped abroad during
the next three months is only a ques
tion of available tonnage and a speedy
acceptance of peace -onditions, and
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the completion of the export corpora
tion to furnish credits. If the neace
conditions are accepted. *b.e tonnage
supplied and credit furnisihed, Europe
•will take alone an amount of cotton
In excess of the amount in the Ameri
can and European mills.”
tained the alleged "information” while
in Coblenz, particularly stories about
the fines and sentences imposed upon
women. Court records do not reveal
any such cases.
WANTED!
Your Job Printing Business
If We Can't Please You
Han’t Come Again
BILL TO END WIRE CONTROL BY
THE GOVERNMENT, CHIEF
MATTER OF INTEREST.
Senate WiH Decide Question of Immu
nity of Senators Lodge and Borah
In Withholding Information.
the
Washington.—Congress enters
!ourth week of the new session with
broadening activities and increased
speed urged by leaders.
The so-called peace treaty “leak”
investigation and the bill to end gov :
ernment control of tkS wires consti
tutes the senate’s work of principal
interest, while the house plans to en
gage in a clean-up of appropriation
bills, starting with the paring down of
the $800,000,000 army bill. Investiga
tions of army and shipping affairs and
also election of Victor Berger, social
ist, of Wisconsin, also will be started
by committees.
Leaders on both sides are anxious
for the investigation to start, however,
and before the end of the week it may
be well under way.
One of the first diffffcuItTes To com
plicate the inquiry doubtless will be
the question of senatorial immunity
as' It applies "to Senatort Lodge and
Borah in connection with their state
ments of the existence of treaty cop
ies in New York.
Senator Hitchcock, of Nebraska, and
other Democrats of the committee, will
oppose this view, holding that no such
immunity can be invoked to hold back
facts of material importance to the
inquiry. They declare the charges
made by the two senators are too se
rious to be dropped now. The names
of many men prominent in national
politics and in financial circles have
been mentioned about the capitol.
DETROIT IS FACING COURT
ACTION IN ITB CAR STRIKE
Health
About
Gone -
Many thousand* ot
women suffering from
womanly trouble, have
been benefited by the use
of Cardui, the woman's
tonic, according to letters
we receive, similar to this
one from Mrs. Z. V. Spell,,
ofHayne, N.C. “I could
not stand on my feet, and!
just suffered terribly,’*'
she says. “As my suf
fering was so great, and
he had tried other reme
dies, Dr.'—*— had us
get Cardui. 1 * I began
improving, and it cured
me. I know, and my
doctor knows, what Car
dui did for me, for my
nerves and health were
about gone.”
■ -'A '
TAKE
CARDUI
I The Woman’s Tonic
Detroit, Mich.—With the city com
pletely withoat traction servico and
no promise of a settlement of the
three cornered controversy between
the Detroit United Railway Company,
its striking carmen and the city coun
cil, state officials threaten court ac
tion to relieve the situation, fearing
expansion of the tie-up to include a
large part of southern Michigan. The
’ktrike-became..effective*‘Jtthe 7.
Attorney General Groesbeck inti
mated that unless the three factions
reach an agreement he will ask a
court order compelling operation of
the lines until an adjustment can be
effected. * '■ _ ~
Not a car wheel turned within the
city and there were_no conferences of
those interested.
!
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That is, they are here if we- want them.
Prosperity depends largely upon the right
mental attitude. If we all sit back and wait
for the return of conditions which prevail-
\ , ' • . ’
ed before the World war we will wait
many a long year—-if not forever—and
meanwhile business will be rotten. We’ll
never get back to 1914. This is 1919, and
»
conditions have changed. A new deal has
be^n made. Pick up your cards and play
the game the best you can. If you have
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courage, punch and common-sense—and
j
will pull together with others—we will
have the greatest period of prosperity in
our history. Thrift is, however, as necssary
as ever—in fact it is more necssary. Waste
not and put your savings in this bank
where they will grow.
Hie Fi
National Bank
CLINTON’S STRONGEST BANK”
I
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CONFEDERATE GRAVES IN
ARLINGTON bECORATED
Washington.—Southerners in the
nation’s capital including many gov
ernment officials paid tribute to the
memory erf the Confederate soldier
and sailor dead'Tniried in Arlington
National cemetery with commemora
tion services in the Confederate sec
tion of the cemetery. Representative
Clarence N. Stedman. of Greensboro,
N. C„ made the memorial address. The
tomb of the unknown dead, the grave
of General Joe: Wheeler and those of
Confederate soldiers and sailors which
occupy the Virginia hills overlooking
Washington were decorated with flow T -
ers in profusion and a floral southern
cross was unveiled. .
FIRST CUBAN IS GRADUATED
FROM Ur S. NAVAL ACADEMY
Washington.—Ensign Carlos Aurelio
Hevia, son of Colonel Aurelio Hevia.
former secretary of the war and navy
in the. Cuban cabinet, is the first
Cuban to graduate from TJ. S. Naval
Academy. ^Ie was handed his di
ploma at the graduating exercises by
his father, who was accorded this un
usual privilege by Secretary Danu-K
WILD GERMAN YARNS
ABOUT AMERICANS
Kewspapers Publish Fantastic Stories
of Alleged Visit With No Foundation
in Fact
Coblenz, May pi.—Some fantastic’
fiction is published in German news
papers by writers from Frankfort and
Leipsic, who have visited Coblenz and
’ returned home to write whatever they
may please about the American army.
Many of the stories they tell are new
* to the officers of the Third Army who
count them as German propaganda.
One writer of a long article In the
Leipsic paper .dealing with life in
Coblenz relates alleged instances of
ridiculous sentences imposed upon
Germans by the American army courts.
in one cas6 he says that the wife |
a government official, "annoyed on The
•treat bya Airunken soldier, exclaimed
In her anger: "If only all the Ameri
cana would go to the devil!” The
- court, be aaya, punished her
She write* further: 4, I
am in splendid health...
candomyWork. IfedI
owe it to Cardui, for I was
In dreadful condition.”
1! you are nervous, run
down and weak, or suffer
from headache, backache,
etc, every month, try
Cardui. Thousands of
women praise this medi
cine for the good it has
done them, and many
physicians who have used
Cardui successfully with
their women patients, for
years, endorse this medi
cine. Think what it means
to be in splendid health,
like Mrs. Spell. Give
Cardui a trial.
ASDniggisU
^ in
RAILROADS SHOULD BE MADE ,
TO RETURN MONEY ADVANCED
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HAVE A HOME
Washington.—Railroads under fed
eral control should be required to re
turn to the government “as rapidly as
practicable. $775,000,006 advanced for ^
improvements and equipment, Divec-1A
tor General Hines told the bouse ap-|J
inropriations committee at his appear
a nee. according to the printed record Jj
of the hearings.
"These Improvements have been
made for the benefit of the railroad
companies,” the director general naid
THE individual who has in him the better
* instinct, the instinct which makes for
manliness and for patriotism, will always find
it possible to create a home. Home, after all,
is what it is made by those who do the mak
ing. The choice of proper furniture will help
to make your home what it should be. * If
your home lacks that warmth and cheeriness
which might be imparted to it by the addition
of some old piece of furniture or floor cover
ing or therefurnishing of a room, thep consult
us and have us show you through bur most
complete stock of furniture and kindred lines.
We can help you make your home happy.
YOU MARRY THE GIRL.
WE FURNISH THE HOME.
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INCREASE IN NATIONAL
BANKS SHOWN IN REPORT
Washington.—Tha office ot the
comptroller of the currency issued 0
statement tpdav shoywflg a great in
crease in new national hank orgnniza
tions sirtce January and marked im
protemont in general business.
Since January 1 there has b^en
ee!ved 312 requests for new charten
and appll .atiohs approved for penuis
sion to increase tha capital of exist'ni
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Galloway-Simpson Furniture
COMPANY •
The Home-Makers, Clinton, S. C.
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