The Clinton chronicle. (Clinton, S.C.) 1901-current, March 23, 1933, Image 1
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VOLUME XXXIII
CLINTON, S. C., THURSDAY, MARCH 23, 1933
NUMBER 12
HOUSE PUSHES
FARM MEASURE
Relief Bill Now Certain of Pass-
ajre As Opposition Melts.
Would Restore the Purchas
ing Power of Agriculture.
Washington, March 21. — Political
.explanatflohs, devious and cdaborate,
• fjjjjed long hours of house debate (to
day as the crushing force of a huge
, Democratic majjority rushed the ad
ministration farm relief bill to^'ard
certain passage tomorrow.
Scarcely a moment was devoted to
analyzing provisions of the intricate
Roosevelt plan for boosting farm buy
ing power. Put in a continuous pro-
ce.ssion, member after member arose
to tell why ho was voting for or
against the measure. -
Mostly it was a case of ‘'follow the
president.” P>ankhead, Democrat, Ala
bama, sounded the keynote when he
called up a rule to prohibit shifting
even a comma in the U>-i>age meas
ure. He frankly announced the rule
“drastic” and the bill “pioneering.”
Then he declared, turning to the big
Democratic majority;
“This is a part of the Democratic
program under the leadership at the
other end of the avenue. Iu*t us pa.ss
it, here in the house.”
Snell, the minority leaden-, labeled
the plan “a pure Democratic patron
age bill,” while (Tarke, his Republi
can colleague from New \ ork and
ranking party memb<*r on the agricul
ture committee, declared:
“Filled with horrors and hellishness
as it is. Pm going to support the
pi-esident.”
Chairman .Jones of the agriculture
committee, began his remarks with
the statement that “in ordinary times
1 wouldn’t support a measure of this
kind.”
**But are at war,^^ he added,
“and while this war is on Pm going
to follow the man at the other end of
the avenue who has tha flag in his
hand. I don’t think the hill can make
things worse. God knows we all hope
it will make things better.”
The most vigorous Republican as
sault was loosed against the rule
which blocked all amendments. Bank-
head conceed it was a “gag rule” and
said he had learned about gag rule.s
from Shell when the New Yorker pre
sided over the rules committee,
i “There’s always been at least a
.sugar-coating in any rule I brought
in,” Snell retorted, “but here you’re
giving us a dose of castor oil without
any palliative.”
i>eBplte minority protests, the. pack
ed Democratic ranks stood 184 to 102
fbr adopting the binding rule. Lead*
ers decided to postpone the final vote
until tomorrow.
Clarke, who opened the opposition
debate on the bill itself, termed it "a
child of the jig-saw puzzle age.” He
credited Assistant Secretary Tugwell
of the agriculture department with
putting into the hill “Soviet ideas”
"^that came froiir RussiaT”
Fulmer, Democrat, South Carolina,
who introduced the bill after Jpnes
declined to sponsor it, said he was
“v/illing to follow the president.”
“Wg propo.se-in an orderly way to
bring back prices and restore the pur
chasing power of agriculture,” Ful
mer said.
Robinson Sees"
Brighter Days
-(
Democratic Senate Leader Sees
Beginning of New Era. Nation
Now Confident, He Says.
“What do you mean —b^nk holiday?”
By Albert T. Rcui
New- York, March 20.—-Hailing the
emergency steps tak^n by the Roose
velt Administration as the beginning
of a new and healthier economic era,'
Senator Joseph T. Robinson of .Arkan
sas, the Democratic leader, said last
night jadditional legislation, including
banking and farni and unemployment I
aid, must be enacted to accelerate bet
ter times.
“The congress is in a mood to act
cfuickly for the common good,” Robin
son said in an address at the Brookr
lyn Acaddmy of Music. “Public opin
ion calls for additional action to make
suie that what has so recently taken
p-laco cannot happen again.” \
Ho enumeratecl the passage of re- j
peal and beer, banking and economy
legislation, and added: '
“Impressive as this record is, it by j
no means embraces in detail the tsLsk !
that is before us on the long, and what i
may seem at times the slow, i)rocess
of bringing back the day when we
shall all he privileged once more to
enjoy the right to work and obtain for
our lamilios the nece.ssities of’normal'
existence.
“There are other^ problems to be
considered and faced. With many of
these, notaldy relief of agriculture,
and dimunition of unemployment, the
admini'dration has already C(*me to
grips. President Roosevelt, despite the
pressure of the problems he has al-
leady attacked, has recommended to
the congress measures dealing with
both* these problems. Their s)K*edy
enacV'n\A‘nt "with such anumdments as
may be deemed necessary appear.s to
be certain.”
Praising the president’s action in
the banking emergency, Robinson said
his “banking moratorium” came with
a “ring of confidence” and instead of
alarming the country “it seemed to
cheer it up.”
“More Important still, he added, “is
the fact that the president by his ac
tions has made possible the reforma
tion and reconstruction of our bank
ing system ... . Intelligent and com
prehensive banking reform is the need
of the hour. The president has pro
posed, and the congress has approv
ed, the initial steps.
“Legislation must he adopted which
LEADERS WORK
ON NEW PLANS
Roosevelt and He^s jpf^ Both
parties In Congi^ess Turn To
llnemployment and Farm Re
lief Le)2:isIation.
Business Makes
Upward Turn
Lifting of Bank Holiday Follow
ed By Advanced* Commodity
Price Rise Is Checked.
New York, March 10. — Business
trends showed distinct signs of turn
ing up again toward the end of last
week, on th^ wave of high hope.s set
in motion by restoration pf banking
facilities and confidence.
^Statistics appeai'ing during the
will assure safety to every depositor) week, mostly covering the preceding
Wallace Lauds ^ Governor Lauds
Course Mapped People Of State
’Balanced Social State” Objec- Once Ai'ain Do Right Thing In
tive of Proposals To Bolster! Critical Bank Situation, Says
Basic Industry, He Says. j Blackwood.
Washington, March 18. — Secretary j Columbia,l4k-T-€oaunenting
Wallace today praised the Roosevelt upon the banking crisis. Governor
farm relief program as looking to
ward “a balanced social state” — to
Blackwood-said it had “developed evi
dence once again that you can always
against the waste of his funds in spec-1 week, fell in the nation-wide banking
ulation, and at the same time enable | holiday and naUirally showed .sharp
our banks to serve without threat ofrecessions in .such item.s a.s freight car
public panic-as-inetdenF to trade^jmd loadings.
commerce.
“It is my conviction an<l belief that
such legislation will be in the early
future enacted. In that fulfillment we
have hope of a sound banking sys
tem.
“Two factors—confidence and lead
ership—are paramount in any discus
sion of what hope the country may
have in the Democratic program,”
Robinson' aSsmdd. “The Democratic
parf^^y shares the first attribute with
the nation as a whole as the result of
While there was little statistical
eviflehce toward the close of the week
that any important part of the ground
lost .since mid-l'ebruary had' been re
gained, dealers in both raw materials
and finished goods widely reported a
revival of buyers’ interest. ^
Steel ingot production, having ris
en in the earlier weeks of the year
to above 20 per cent of capacity, fell
back below"^nT per cent'' eariy last
week, according to “Iron Age,” but
the survey by the publication “Steel,
benefit not only the farmer but the depend on the people of South Caro-
entire nation. . Jina to do the right thing in a critical'
In an addi’oss here, he asserted that' situation.”
the proposal, now awaiting action in, “Those who have l)oen apprehen-
congress, proved an “ample safe-lsive in respect to their bank depos-
guard” for consumers; that taxes its,’: the governor continued, “during
through which the program could seek ^ the prpgre.ss and development of the
to increase the fanners’ return would' rHa t-hfft .logjpg
decline as rapidly as the price the of the banks, with but few exceptions,
farmer received for his product in- came to the front and made their con-
creaseil. i trihution of patience, confidence and
Wallace defended the hill’s aim to ^oo,| ^vill.
curtail production, asserting that “us; “it will be on this foundation that
our economic system works, it .seems i the banking structure of the future is
that the greater the surplus of wheat i to be founded, and when so founded,
on Nebraska farms, the longer the jt must necessarily endure,
bread lines in New York.” ( “it should be gratifying to our peo-
“In a complicated world system of pi^ to ^now that over 1(K) banks have
exchange,” he saiil^^ “it. seems to be
'yitl"bc ~of 'US g re at stgrri f i rm7rr"i n the
nnals of western civilization as any
any other like j)eri(><i in the history of
the world, for it may mean a security,
H rock upon which we can .stand, a
toundalion* to lecoveiy, a tonic that
will restore confidence and give re
newed vgior to the economic life of
our country.
The Mississippian estimated that
to the $r)0(),0();t,()l)() of propo.sed sav
ings under the hill coiild lie-added an
the positive action of the past appearing a few days later, said that
w’ceks, and the steps which have re-: ground lost in the week ended
stored confidence have demon.strated! jy y^^j y^^^^ regained.
leadership such as this Manufacturers in a number of lo
not experienced since the \N ilson ad
mini.stration.”
S. C. Cotton Off
300,000 In 1932
Columbia,^ March 20.— Cotton pro
duction in South Carolina la.st year
was nekrly 1100,000 balea be^ow 1931
and approximately 100,000 bales un
der the 1921-30 ten-year average, a
cf/mparison of final ginning reports
today showed.
The census bureau at VV'ashington
today announced the final ginnings in
the state for 1932 at 721,646 running
bales, or 715,678 equivalent .500-pound
bales. ^ ^
Production in f931 was 1,010,000
running bales .or 1,005,000 equivalent
.5l>0-pound bales, records at the office
of Frank O. Black, federal-state crop
statistician showed. The 1921-30 aver
age was 822,000 running bales, or
801,000 equivalent .500-pound bales.
calities, having curtailed operations
during the banking holiday, were re-
; ported resuming, or planning to step
'I up production in the coming week.
I Such reports came particularly from
automotive-centers.
f
The ending of *the bank holiday
“ - .brought a pickup in retail trade in
County’s Oldest Banking Instl-j p^^py localities, and wholesalers went
Bailey’s Bank
Opened Saturday !
4^een able to make such- showings as
necessary to mamtain a balance be-1 ^v ill entiUe them to open unrestricted 1 adViitjonal $1.50,000J)(>0 to effec'.e.i
tween different groups of producers i., . N
if we are to avoid suffering. Our sur-! The governiy lauded the work of
plusefjjof food crops seem to have had i board of hank control and said
as disastrous an effect upon national | “jy hypy and purpose that when
well-being as crop shortage used to; « i>ank is opened under the present
have on the isolated communities of
simpler age.” '
Wallace, in who.se hand.s broad p<m’
arrangements it will be certain to re
main open and will continue to be in
. a position to do business. Permits are
ers to prescribe methods of relief for y^iy
various basic commodities wouldbe, jy position to make a showing tothis
placed, said the bill “attempts a ma- j yffoct.”
jor social experime-nt,^’---huL-e-xpre.sBi;d.j. .... . „
confidence that it ctfuld succeed if the
tution Resumes Business F’pl- forward with preparations for the
lowing National Holidays. 1 pre-Kaster shopping season with re-
newed hopes.
M .S Bailey & Son. Rankers, the j An uplift in convmodity prices, par-
oldest banking institution in the conn- ticularly with resumption of trading
ty, opened Saturday morning for the jin futures markets, also had i stimu-
transaction of regular hanking husi-gating effect upon .sentiment,
ness, with no restrictions, except the| The ri.se in the commodity futures
federal regulation against withdraw-' markets was interrupted toward the
als for hoarding. The bank closed on (end of the week, hi part by uncer-
March 6th in observance of the na-' tainty, or actual misgivings in some
feional and state banking holidays. Af- q^«arters over the proposed farm re-
ter an examination by Governor bef measure, although it was felt
Blackwood’s banking board of con-{that a clearer understanding of the
trol, it was declared absolutely sound {farm aid plans would shortly be af-
and was given permission to open for | horded.
unrestricted business upon the expir-i —
Conservator For
Commercial Bank
cooperation of farmers, processors
and consumers was (»btained,in its op
eration. If successful, .farm buying
power would li.se, benefiting all
groups in the nation, he predicted.
“It (the bill) is trying to ^Ixlue
the habitual anai chy of & major |
American industry,” he said, “and to!
establish organized control In. the in
terest not only of the farmer, hut of
everybody else.”
Explaining the \ariety of plans the
bill would make available for applica- . ^
tion to different products, iWallace conservator by Governor Blackwood’s
Local InHtilution ToLOperale Un
der Restrictions AWith H. 1).
Henry InT.'harge. Early Open
ing Expected.
The rommercial Rank of this city.
was placed .Monday in the hands of a that it treaty all aluve
through reorganisation of tb** govern
ment. He said “other items uf exp^ >•
diture” could he reluct'd another
$100,000,000.
With the reri'niic from tli;* beer •; I
and the reenactment of the gasol.ne
tax both of whirh he said were as-
i^ured—he estimated that the “goa: of
a balanced budget is within sight.”
“The credit of the I’nite:! .'state'.”
he said, “has been iniitie sec ire.”
■ Harrison‘"smdriH*''wir<---“4«*htghtetl. av-
a Democrat, to pay my M:!iu*.e to the
Kcpuhlicans” wlm hati to<»pera.eI
with the administration. '
He spoke of the cuts ii> • eteran-'
lienefits as making “the ]ier - on -.I'l
a roll of honor,” and said c mgri"
felt that “the keen sense of ‘‘airr;'"
and justiCt* posses><‘d 1 ;• the pre-s -
(lent”'would dictate his ' (*() ii ’i(»n.s.
In the matter of feilerni ’ ;iy c .
he said it took “ciVirage and a fine
sense of Americanism to do it,” and
all aldie w-Uh
fairn&ss and (*<|uity,” and that if the
‘•J
Washin^on, .March ‘20. — Ready to
j trim the federal budget immediately.
President Roosevelt called in congres-
sional leaders tonight to cnns'i.icr a
^ proposal for direct re!‘' f aid to the
states and jobs for uneniii'ojV'.d in the
io»-ests. \
Receipt of the econoniv bill from
('apitol Hill early this afternoon put
the president in a position to .swing
the axe on govi'rnmont -al-tries and
veterans’ comp(‘nsation. H** lo'omptly
I signed the me.asii>-e .and i u his bud
get director, Le\\is Dougla . to work
i on new rates., . j
Fortified with this d saving,
Mr. Roosevelt sumnom'd the corgres-
sional- chieftains to tall t'^iergencv
unemployment aid. His rwlv' -rs ha oj
drafted a plan to advan;-" $.">->:»,()(>0.0o0
for (lin'ct relief aid to Mie .ta'es and
an aiipropi'iatinn of lOd'Vt.OO!) to
provide immedlaU' jobs for unemploy
ed in leforestatioM. work.
Th:* p”esident Ivpl Doui'l'e: \v-'h lh,a
at the White House coriM enco' t.-
night to cxjilain in c imp’’*e iletai'.s
the plan for making einl- me<>t.
Kxpi'rts on finance ami I’aeino’o.w
ment in the congres^iorr>l membi.,--
.ship were included in th( ca’I to
White House along with the^lcale J
■""of both parties. Those .summoned
I were; /
I Vice-T’resident Game', ''^orakee Rai
ney, Senators Robinson of .Arkansas,
majority leader McNary of Oregon,
minority leader; Norris, Republican,
Wheeler, Democrat, of
of Nehri
Montana; Pittman, Democrat, of Ne
vada; Harrison, Democrat,-ot Missi.s-
sippi; and Representatives Byms, of
Tennessee, house majority leader;
McDuffie, Democrat, of Alabama,
chairman of the sjiecial economy com
mittee which reporteil the economy
bill; Snell, Republican, of New York,
! house minority leader; Ghairman
I tones of the house agriculture com
mittee; ('hnirman Buchanan, of tiie
house appropriations committee, a;itl
j Ragon, Democrat, of .\rkansas.
(’hairman Harrison of the senate fi
nance committee deli.ered an advlrtss
tonight explaining the featuies of the
“conorny hill, and crncluilihg;
“It may be, when histoiy is written,
t he happenings * of t he last 1 1 dav.s
Special Program
By Young People
alion of the state banking holiday.
Throughout the day ihe bank was
thronged with customers, with few
withdrawals and unusually heavy de
posits. It was one of the busiest days
Church School
Opens Sunday
.said that accomplishment of its goal board of hanking control underthe president shall
—return of ■ farm prices to the 19();>- the provisions^of the emergency na-j governmental sal-
1914 level—would be imporsible of ac-; ti^>nal banking act. IL 1). Heni^, pres-, wo
compli.shment in a single year. ident, was appointed conservator for The day saw Mr. Roosevelt turning
“It may be true that the things bis institution. .Mr. Henry’s bond has to the subject of lailroad.s with a view
which this hill strives to attain here I^een executed and as soon as he can j to Pettmg early congressional action
and now may be brought about ten or*qualify, the bank will open under the the ideas he has in mind to put the
Every congregation in the Metho-r j
dist Episcopal Church, South, is ex- *
pected to observe anniversary day of
the Epworth league, next Sunday eve
ning, March 26. An appropriate pro
gram has been arranged by the young
people of the North Broad Street
Methodist church. The principal
speaker for the occasion will be Miss
Mary Smith, district secretary for
young people’s work. Miss Smith is
an experienced and gifted speaker and
the young people of the church are
fortunate in having her come. The!
public ia invited. The hour will
7:30, taking the place oiTthe usual!
’sssSm
in the history of the bank, the officers School of Religious Training to
being forced to work until late in the,j,g conducted under the aaspices of
night to handle the amount of busi- \ First Presbyterian church of this
ness transacted.
Decrease In
Cotton Crop
\
city, will open next Sunday evening
and continue through the following
Friday. The course of study to be of
fered was announced in The Chronicle
last week. P
The schpbl will be conducted by the
Rev. J. H..; Cudlipp, director of reli-
Thfere were 25,226 bales of cotton gious education in the Synod of South
ginned in Laurens county from the j (^m-oHna, assisted^ by Mrs.. Cudlipp,
crop of 1932, according to the report t,he pastor of the church.^^
filed yesterday by the county special
agent.
The total for the 1981 crop was
37,806 batei, showing a decrease for
the past year of 12,580.
'mm
Not only Presbyterigns, but all in
terested church people in the city,
both children and adulte, are cordially
invited to attend the^eourges to be
held in the high school auditorium.
15 years hence by the slow working of restriqtions sot down by the sUte
economic law.” he said. “This action, board. Further details concerning op-
we hope, will speed the inevitable re- eration.s at the in.stitution will be an-
adju.stment8 with much less .suffer-j nounced as rapidly as they are worked i
ing than under the harsh hand of^un- .^ut, it is stated.
controlled competition.” , j While no announcement has been
made by the hank, it is exp<‘cted that
it will open for business either today
firmer
i
SERVICES POSTPONED
or tomoiTow.
The .special religious .services to bei
held this week for the student body McSWAIN ELECTED
of Presbyterian college, with Dr. W. TO SUCCEED STEVENSON
M. Anderson of
Dallas, ^Texas', a.s
leader, have been postponed until
AVashington, Inarch 21.—Congress-
transportation .system on a
basis.
He conferred at the White House
with J. J. Pclley, pre.<idenL of the
New York, New Haven and Hertford;
F. E. Williamson, pre.sidfat of the
New York Central; Carl <Gay, presi
dent of the Union Pacific; and Prof.
A. A. Berle, who has advised with him
in the past on economic subjects.
The group was put to work whip
ping into sdiape some of the proposals
which the president intends to make,
including a promise of national reas
surance for the roads and con.'mlida-
April 18-21. The postponement was man John J. MeSwain, Greenville, was j tions and regulation of motor bus
made by the officers of Dr. Ander- * today selected by the South Cajoling i traffic.*
son’s church on account pf the-bank- congressional delegation ag congies-
ing situation. sional committeeman to succeed for-
* —r- imer Cotigressman 'W. F. Stevenson,
Dr. and Mrs. T L. W. Bailey were j now a member of the Horae Loan
visitors in! Greenville on
Bank board.
All signals from the Whit% House
pointed to full speed ahead on the re
mainder of the “new deal” legislative
program with May 1 as the goal for
its achievement
M
\