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? Q-- L-TT Volume 19 CHERAW, CHESTERFIELD COUNTY, S, C? SEPTEMBER 30. 1915 Number 48 ; I 1 - - SMITH PREDICTS RISEFORCOTTON J WILL, GO -BEYOND 15 CENTS 8 A Junior Senator Tells How Banks Can l> u Aid Movement of Crop. Heavy A tl War Orders. . - , ' n a Columbia, Sept, 27.?"Cottou will ? eertainly go beyoml 15 cents. Just s ? how much 1 won't say, nor will I re jivut wimi i sum to u Columbia Bunker this morning. But cotton is going xv above 15 cents a Jiouud. The above was United States Sena- p, tor E. 1>. Smith's optimistic summary of the cotton sltuutiou when in Co- p iumhia Saturday. His conclusion, he ,.j explained, was based on two factors: One that the 15)15 crop will not be more than 10,500,000 bules; the other rp the exorbitant demund for cotton for ?f the manufacture of war munitions, f whiety is hecoining more urgent each m, day to meet heavy orders from Europe, plus the imiiending crisis--in Mexico yj and the apiieal for increased armament )n. in the United States, incident to tli threatened complications with Euroi> eun countries. p, Senator Smith also made a striking ini analogy lietween the present crop and an that of 1914. "Last year we produced A1 more than 10,000,000 bales. Despite Dc the demoralization of the European su] spinners and the fact that the cotton bn exchange were closed a large portion of the season, we have consumed p radically all of last year's crop. This year y^e well market only about 10,500,000 your own con- Fc reserve boaVrl ruling that K " money should be loaned on cotton at p. 6 i>er cent, also came in for heated ^ arguments by the junior senator. He explained that he had recently been in Washington in session with the reserve board, and that while there, at ^ his suggestion, the board had agreed s(v that the stream of money available for I (lj) discounting cotton receipts would bejrl) clint tbnt hfltlk which dis- I - or counted cotton pai>er at a higher rate of Interest than 0 i>er cent Such ruling, he added, precluded the idea of the liank's acquiescence in the pro- vision of the law as lieing optional. R( The banks were ?'ompelled to comply, (|j he asserted, to remain an active part jll of the federnl reserve system, ,lf "It seems that you just caut drive It into the banker's head that they can discount any volume of cotton receipts, irrespective of the size of u| capital stock or assets of the bank," j,, lie continued. "If the cotton is properly insured, and graded and placed where there will I?e no exposure to ^ weather conditions, by the provisions a] of the law the cotton is a banking asset, and the hank Is comi>elle<l to p discount the paper at 6 i?er cent. This discounted pai>er is then sent on p to the reserved hank and redtseounted p at n per cent. And any hank can dis- r count $r?.000.000 worth of commercial n pni>er if it should he called on to do so. n There's no limit, just so the farmer p complies with the provisions of the u law in housing, insuring and grading il his cotton. The central reserve hank e Issues a steady stream of notes to dis- t count this paper, and the capital of n member bank has absolutely nothing V to do with the volume of paper it dis- s counts on cotton. The notes are issued T 011 three-fourths of the market value f of the cotton." < Senator Smith claims the author- I ship of that section of the federal re- o serve act. which places cotton in the J class with other commodities, upon f which the government will Issue notes. 1 Mesdanies Trout, and Ross, of Cash. * s spent Friday last hi the city. *?* Miss Annie Toward spent Tuesday in Chesterfield. i ** i Miss Janie Rrown. of Cash spent 1 Tuesday In the city. i Mr. W. J. St rick I in. of Dillon, S. C.,| I sj?ent Sunday in the city with his: parents, Mr. and Mrs. J. N. Striekliu. j < I AUSTRIA WILL RECALL AMBAS- | SADOR Dl'MBA f io 'Leave of Absence;" Safe Conduct As Soon As His Nation Admits He ought to be Fired. Washington, Sept. 27.?Dr. Con- ^ tantiue Dumba. Austro-Huugariuu mbasador to the United States, will e formally recalled by his Governlent, according to assurances given mcrican Ambassador Penfleld at tie Vienna Foreign Office. al Mr. Penfleld has been instructed to Wl inke clear informally that "leave of bsence" for Doctor Dumba would not itlsfy the request of the United 1>l tates in its formal notice asking for 'M' le recall of Doctor Dumba. Mr Peneld was advised that the wishes of le United States would Im? complied Ith. t,M A note on the subject is being pre- 11,1 ired and immediately upon its ro dpt. safe conduct home for Doctor umba will in? arranged and the in- ' dent so far as the United States is (n' inoernod will l?e closed. Until fornl notiflcatlon of Doctor Dumha's ' <-nlI Is received. State Department :,n ficials will make no announcements. wo hoy are rea?l.v, "however ^to hurry 'HH Koa tat Ions for the safe conduct the ^ nment satisfactory word arrhjes enna. in order that Doctor Duniha :?y sail on the steamer Rotterdnm __ is week in accordance with his plans. I Written assurances that. Hadame J nnha could proceed without fear of torforenco from British or French thorities was mailed Saturday, the lied Embassies having notified the pnrtment that safe conduct was perfluouR in the case of a non-comtan t. ST IN RESCUE WORK. Ul inner Cherow Boy Figired Pro ml,rm and Hood at Port Arthur. ToraR-j in ine for* annur itecoru, a uanj wspaper, the following nrticle apnred: pla "When the story of the storm and in id at Port Arthur Is written, ami wa| oper credit Is given to those who ()rj serve recognition for their great par rvlce during the first three or four au( ys, the name of Pr. David S. Held, j,aj ty health officer at the time, will jOS! cupy a conspicous place in the roll jj honor. "It was due to the exigencies of the hint ion that the writer of this report und a refuge in the office of Pr J eld during the storm and the succee vie ng days of *he first woek.Ttedracglea. Pr: ingry, wet rhrough to the skin ar.d .vol ick again, and also dry with thirst, ele ie reporter wis found by the city Sti wtor and given hostage and comfort. "During those memorable days and tw iglit of occupancy if Pr. Reid's "ouch gi\ i ids office and Mi.? rcceipien' cf ids in any courtesies, to*1 activities of the go Iiysicinn could he observed easily. and fai is hero said without reservation of tis uy kind that no other man. be he city sh Tidal or private citizen, was more so- ti,. cltous for the health and comfort of n roryono. great and small, than Dr. en :dd. He sjxdled his dress clothes the rst night and then donned his hath w, ohe. /which atlre he answered se nils day and night, going to all parts p, f the city. If he slept any during *< lie first three days and nights it was w, ot observed by his guest, whose duty en \ was to k<?ep his eyes open and sec eo verytliing that happened at that in Ime." Dr. Rcid is a sin of the late Capt. hi V. T.. J. Tteid of Chora w ha ml he has u everal sisters and brothers: John S. m told of Greensboro. N. C.. who travels or a Columbia concern; Charles Tteid n >f Cheraw. \Miss f'Mar.v Eelle Rcid la Hkins. wife of Rex. John W. Elklns if the south Carolina conference, and M Jrs. Kate Rcid Davidson of Spring- T ield. Mass. vi Dr. Rcid was made very ill from lood jioison by wading around In he iniidy water giving aid to the may ulTerers. li P Austria Recalls Rumba. ? Washington. Sept. 28.?Dr. Con*tantine T. Piimba, Austrian ambas- f( sador to the United States, has born ?< formally recalled by his government und the state department is arranging with the British and French embassies for his safe conduct on t?steamer Nieuw Amsterdam". salVIng \ October 5. / IEW ORLEANS ~ ' IS ISOLATED T ower Mississipi and Louisiana Towns in Flooded?New Orleans Light ,K Plant Out of Service. te in gr Mobile. Ala., Sept. 29.?New Orleans t.u id the Misslssipl Gulf eoast tonight ere swept by a tropical hurricane ,.t, at demoralized communication and 1 to fears of heay loss ef life and operty. The Mississipi Itiver ]evecs ]?j low New Oreleans have broken, uses have l>een washed away, and Xvi least two lives have been lost in that [ tion according to a wirless message sel lay from the Morgan liner Creole. t<> ward bound for New Orleans. of The business district of Itiloxi, 1 iss.. is under six feet of water and tr,j .... wnirt' ims been abandoned ho- yoj nso ??f washouts throughout a large in tion about Itay St. Louis. y Last report coming from Now Orlo- mi j s Itefore al] moans of communication C'li ro lost said tlie oity was in darknoss tlui aase of the flooding of electric' Mo Deposit your The Bank o Cheraw R0N6ER THAN ALL OTHER BAt nts. Wind lmd driven the water ton. I.ako Ponehartrain above the sea I II, and Mihiebnrg and other Now to cans snhurhs aheni the lake wtu ten tilly under water. The advleo said j oniobllos were bringing in the in- hn, iltaiits of tliat section, and that no * of life 1m<1 been reported. oowniehbDoerynewngovearsI'gvnro mil de? JOE MALLOY EXECUTED ?"1 foe Malloy, the Marlboro negro eonted 011 the charge of killinic of intiss Moore anil tiny Rogers, two ^,M ling white hoys of Iteiinettsville, was ctrocuted yesterday moriiiii^r in the ?te penitentiory. 111,1 It will he remembered that these < o hoys Jeft their homes on Thanks pr< ring 1 >ay in 1011 for the purpose of an a mil ley the following Saturday not ing hunting. Their hollies were found bo r from the home of Joe Malloy. I*ren- ni? ;s Moore had been killed by a gun- er: ot wound in the back, near the slioul- tei r blade, while tiuy Rogers was killed ju gunshot wound in the breast, which ve tered in almost a solid mass. After an investigation. Joe Malloy (\ is arrested, tried, convicted and of ntoiicod to Month. The case was applied ?to the state \stipreme court ju voral times ami opinions were al- \vl ays foiiml adversely to Mnlloy. Ills In iso was tnUon to tlio federal supreme ai airt on apiM'nl. nml tlio highest trl- to nial of tlio nation rofnsoil to grant Mnlloy, was plnooil in tlio cliair nt _ m a now trlay. ~~ Wlion nskoil if ho lia<l a state- \ out to make tlio negro replied: "No other statement than I have al<ady nuiilo. I am Innocent. I could'I > guilty of it. 1 am going to glory." Tlio current was npplod at 12:1S and fallov was proiionnooil dead at 12:20. wo shocks, of nine amperes and 1S.*?0 nits wore given. LEGAL BLANKS. Wo carry at nil time* n complete nc of Sontli Carolina T .en gal Blanks r>sl<lcs a line of s|tecinl blanks gotten p by local attorneys to fit Into bn-nl unity conlHons. We have .Inst added i our stock regulation South Carolina Clniui ami Delivery" blanks. JOB PRINTING Setul us you orders for Job Printing. Ve please others and can please you. Ul we ask is n trial. ROCKMNGS OF COURT OF GEN' EK.VL SESSIONS. lie Full ler*n of Court of General Sesions for This County. For the trt?l of eriuiinul en sew coii?ned at Chesterfield Monday morn* ig with Judge T. J. Moulding on the nich. A large crowd was in atndance. owing to the number and iportnnce of cases to be tried. The and jury, was set to work and the urt took up cases of minor linporti<v while the grand jury acted upon rtaln otinr. I ill.-. The following ses u i re dl* posed of during the day: 1 *ii 111 j] s vv McKay and McKay *.a illllps. couti ined Itecauxe of Illness of rx. McKay, one of the lni]>ortant tnesses in 90th cases. Luther Galney pleaded guilty to lllng lhpiori ami was sentenced to three inoulis 011 the gang or a tine $100. Thfcj was his first offeiwc. W. A. 24 years ohl, plead 11 ty to foirery. and was given one ir on the gang or In the i>enitentlory each of .11 eases. tViliain Stanley, colored, plead ilty to breaking into drug store at esterflehl. Solicitor reeoimnendetl it his sentence he as light as posslas lie was oiily 14 years old. Sen?4?; money in ? /*?! r \jpneraw ^ T~ 11 L*ed m months on jganR. t .crofliaincs, colored, plead guilty r hoitf breaking ami lummy. Sen- I cctlH 12 months. 1 toy?Hunt, colored, plead guilty to ! ukfl in house and stealing yun. ' 'en ft months. .'low St renter, pleaded ({guilty 'to nsftpghter. Solteltor Voeoniinen1 nlrey as the negro he killed was ishfred a had one. He was given 1 nil.iuninni sentence of l! years, and months of this was suspended on ?d behavior. lohn Met < tiger. plead guilty to slitvrt; niiothor Jnegro. Sentenced to C nitlis or tine of $100. Case of \V. T. Arant for disposing of [ IH'rty under lien, referred hack to iiliitrutors for setlenient. hi uie ruse 01 i'. i1.. iii'.iih'r, oi .muiir? county. charged with obtaining! >ney from The Merchants ami Farm< Hank at t'lieraw under false preioes, a misstrlal was ordered, the ry not being ahle to agree on a riliot. Tuesday morning the time of the urt was taken up with the settlement minor iini>ortnnoo. A true Idll was found hy the grand ry against all the parties churned 1th engaging in the l'ngoland riot of st March with the exception of }Willin Wallace. This case was continued the next term of court. Court adjourned Tuesday afternoon. YOUR < Have your cotton a and reliable compani< loss. 1 .'.T We insure property with us and investigate MAYNARE Phone 84 i NEWS AND VIEWS r FROM STATE CAPITOLtho , of t) ELECTION TO BE DECLARED v? TIi The Gallon-a Month Law?State Print- httS ' ing?General Items of Local l8 Interest. undo . W. I Special to The Chronicle. 1 houw Columbia, Sept. 27.?The steering committee of the prohibitionists has since iN-stpoucment of the declaration of Unregistered a protest against the recent , . election held 011 September 14. and the ^ .|j secretary of state. It. M. Met'own. in a ^ p ibllc statement, has explained tlia>. wjjj the in)sti>ouenieiit was necessary, jis on not a single member of the board of dou^( canvassers except himself was present prjntj at the meeting which he called; that ar he called in the lieutenant governor. who attended, but it was found that ^ all the returns were not in. and that qijojp October 5 was finally lixed as the date orf. nl for a subsequent meeting to declare n thl? pliw'tlmi The prohibition steering committee seems to fear that if the declaration of ^ the result is delayed, some of the county dispensaries may purchase additional supplies of liquor, the dis|K?nsaries FI living forbidden to purchase any more liquors after the result is declared. r The secretary of state cites the law under which purchases must be made, the time required for advertising, for sealed bids to lie submitted, etc., in re- Wai ply to what he calls this "luigalvoo. or tije vs increa ffe p< !eRe hi ion wll go to the supr?W"WW^^ s ^ idjndlcation, and probably to the snmemo court of the United States. Some . good lawyers think his construcpuply ^ ] ?mie good lawyers think his construeLion wrong. Mr. Wm. 1'. (Sreeiie. an * able lawyer of the Abbeville bar. dis- " ^ cussing the deeission in liis newspai^r. ^ the Abbeville Press and Pauper, differentintes the South Carolina statute j from the principle involved in the decision of the United States supreinen ccirt in the Kenuekey ease, upon wbico """J Judge Cary based his decision. r-4 74 a ??t - j a..4 .1 nay ruimni irui. < ><? < 1 lowevor. tin* law may ho doubled. a < way lias boon pointed out for South $2,fib." Carolina to havo real prohibition. The prohibitionists havo a majority in the K2.2 1 iron oral assembly, ami if they want Hupp real prohibition it is urged that they nirain oouhl pass an net making it unlawful p,,r for one to havo aleholle liquor in his nn?,u possession ovon for jorsonal use, ami ninoii then prohibit the shipment of it into 91 pf South Carolina for any purpose. There wouhl thou bo no loophole, ami by thus taking advantages of the federal law South Carolina oould bo made dry. It \V?l s is urged that if it can ho made unlawful for a person to havo more than a gallon a month in his possession for personal use?the only foundation '*** * I ins upon wliieh the galloti-a month law ean stand under the federal law?then it ean be made unlawful to have any Al whiskey at all for personal or any stool COTTON INSURA1 nd other property insured i is; You get fair and prompt a Gf every description and at ; 0ur companies before placir WE APPRECIATE YOUR BUSINESS >-RALEY REALTY & TRU i i ) r Msr. ami the Federal law be n advantage of and keep whiskey of South Carolina altogether. l)f se thi-? would be a stringent law, it Is the only logical conclusion of whole mutter, viewed in the light !jo ret cut election, unty Warehouses Under State System. e warehouse at Little Mountain ?een taken under the State system, the warehouse at Pomaria, which >w about completed, will be taken r the system this week. Messrs. 1. Shealy and C. A. Frick are the igers of the lLlttlc Mountain ware?. The Wise warehouse at ProsIt has been under the State system last November. xne State Printing. loint committee of the two houses e general assembly is Investigathe matter of State printing, and hold another session in Columbia ?e first of <)ctol>ec. There is no : that in the manner in which this Ing has been handled, due to lack ly adeqate or efflcent system of art of the State, there has been a deol of waste, and there is posv of great saving to the tax-payr the State in the Inauguration of >I>er plan. It Is for the purpose king report and recommendations this line that the joint eommit' the two houses was appointed. EDERAL RESERVE BANKS Increased More Than $5,000,000 During Week shington, September 25.?Gold in tults of the Federal reserve banks sed more than $5,000,00 during ist week, according to the state ltliln mat uritlcs^^^^^^^Kety 000: niatui^^^^^Vnlnety days Totn l^^^HT.OOO. 'stmeiits?I'nit^^^atcs bonds, ,(mki; municipal warrants, $24,i>:F?sloral reserve notes, net $14,rs. net. $7,409,000; all other re's. $:t.r?77.000. Total reserve re's. $147,700,000. Iiilities?Capital '-stock paid fln, s.O(K); < Jovernnient deposits, net, Ml.ooo;? Federal reserve notes, <1 .">.-000.000; all other liabilities 1.000. Total liabilities, $417,700, reserve against net liabilities, ier cent: cash reserve against net ities. ss.7 1HT cent: cash reserve ist liabilities after setting aside 40 cent gold reserve ngainst net int of Federal reserve against net mt <>f Federal notes in circulation, ir cent. Petition in Bankruptcy. voluntary potion in bankruptcy J.. tl,n IT.MOwl Ctntnu niu. Court here yesterday by It. Mel Is, of Clieraw. Liabilities of tho loner were listed at $4,848,88 and nssets at $2,504. II kinds l/ejjal Blanks are kept in k at The Chronicle office. SJC . in one of our strong djustments in case of any location; figure ig your insurance. ST CO. Cheraw, S. C.