The Camden chronicle. (Camden, S.C.) 1888-1981, October 13, 1911, Image 4
THE CAMDEN CHRONICLE
Pubii?b?d Kv<wy Vridmy
' \ g x~
w.i. McDowell.
NII.H A M?IX)W?U. PukUAtn
C" .'. -?-?r. . . . ssac 33.SK? gas. . ,
(i m<m4 ilt? Mil ??H?r il (Im Pwlolliu ?l
C??4' a, S???k C?r?4iM.
I loil N. ilrottd HI. ? 'IMioim* Viti
? " *
< rti.Hl.il, K. (ht. I J. lull.
pipjHPPpVjniH fP.. ? -
VilKi till* Im'HC IM'WhimjHT iu
your ?*?>miiiuiiit >? ? autJ uj?e it
fur all you itro wortli to help
I Mil lil up your ItiiNiui'lt. Thru
>4u oilier m If you
<i?u. afford lo. t )H< tlitMii all
If you ran ? hut uii' I lie Ih sI
one firnrt.
chief Justice Ira H. Jones Vvuh
a passenger on the northbound
Southern train on Wednesday. The
Judge wan returning from a visit
to his mother who restd"** in New
berry county.
! : , ' - ?
Remember to trade with the
homo merchants not only this full
hut all the time. 1 ho home mer
chants have a splendidly assorted
line of goods and uvhu (he moat
fastidious person l as no excuse for
going out of town o do their shop
ping.
Tho celebruted McNutuara ease at
Lob Angelas ha*t begun. The de
fendants are chargi-d with thu ?*
plosion which wrecked The Times
In that city and caused the death
(f thirteen or more , printers. It
promises to be one of the longest,
pnd hardest fought legal battles 111
the hlHtory of the nation with oapl
tal on one aide ami labor unions on
the other.
-r- A_proa<?hf?r once to.?K le?vtf of
hl8 congregation in t! ?? following
tnanner.: -'Hrotheis i >a'. s>t>lers,- I I
come to tell you good ?ye. I don't
think you love me. b'--ituse you hav
not paid my salary. Your donations
are moldy fruit and wormy apple**;
arid the Scripture sayeth, 'By their
fruits ye shall know theift.' Mreth-i
ren, I am going away to a letter;
place to be chaplain of a penlterf- !
tlary. My text this viornlng i?.
'I ko to prepare a pi for you.'
and may the Lord ha e mercy on j
your souls, good-hyp."
The Indies of the Wade Hampton
Chapter U. D. C., of Columbia, lire
very anxlou* to ?ecure some auth
entic Information on Ked Shirt hU
to ry. They have re<jue*ted the
pre** of the Btate to aid them in
the undertaking. Thi* in an im
portant matter and all who are
pofc*eti?ed of auy important infor
mation on the *ubject are urged to
Heou it to Mra. H. W. ItlchardaOD,
ii-Pti Mai n well Htreet, Columbia, 8.
C. Do thl* for the sake of oofrect
hltfory.
?ftx-Governor Jos. M. Hrown, of
Georgia, announce* himaelf a can
didate to Hucceed 'Hoke Hmith an
Governor, It wll) be remembered
that Wmltb wan elected Udvernor
in -1906' and w?? beaten for re-elec
tion by iirowu In 1908, whereupon
Smith came back and defeated
thrown when Drown himself, *tood
for re-elation in 191V. Again in
augurated governor a few mouths
ago, jjmJth wa* shortly,, after eject
ed United State* Senator, iibces*lta
ting hi* retirement from the gover
nor's office. Now, .therefore, an
election to fill the unexpired term
I* to be 'held and "Mttle Joe," a*
t h .? ex - governor in called, hope*
| that' Georgia'* political see-saw will
Kvork again and restore him to hi*
fc. mer , position, The other candi
date* are J. i'ope Brown, a promi
nent planter and political leader, j
and Judgo it. il. Russell,
I " '
The war between Italy and Turk
ey ,ippi?,.-i to be a kind of one
nided game up to this time. Italy
to 1 1 1 lit I; she hat* caught the
Turk napping, and believe* she can
run < km; him and rob him of hi*
p a, sessions like Russia ha* done
with - China, hut before the end
t M iiu; may realize 10 lier sor-j
row that, she has awakened a hor
net. i( Italy let the negroes whip
her out In Aby*ynnia what will she
think when sho tackles as fierce
and brave a soldier as can be found
anywhere in the world. The Turk
Is a fighter that, n>an for man, no
Soldier would he anxious to meet,
and the lazy Italian will find this :
out before the end comes. We have |
no love for the Turk, and we would i
ltko to see Turkey wiped off of j
the map and the country partition- j
ed among the Christian nations of
Kurope. They are a savage and
barbarous people, and are a con
stant menace to the peace of Eu
rope.
FIXING COTTOft I'KK'KH.
. 'Art -A. ? t:-. * V. .- ? trr~ \
rii<; H?1#Uod of The Froducor To
The
When the demand exceed* the
buppiy, buyer* compete uud a firm
market i i'mu it ? ; wbJn the supply ex
ceed# i he demand, then client com
pete and cause a weak market.
For the laat two yea re the de
maud, speaking gonerally, wai suf
ficleut to take up the offerings of
cottofc, aod the heary marketing
*vu*on paused with a? advancing
tendency. Many who expected a
deoiip? under pressure of the Hell
ing found thomselven obliged to pay
n ore fot waiting.
In Jormer year* the tendency was
n.ore of ton downward during the
fall. Observer* of market condi
tion* Haw the evidences of compet
itlvo Belling. Thin year again offers
a Htrlklng cue. Various circum
stance* have conspired to more or
I'.'fcH restrict the demand, but noth
ing to correspondingly reduce the
ofi'erlngH.
Now. we have never minced mat
: torn lu condemning the tactics of
j I arket wreckers. But it 1b rldlc
! uIoub for the farmer spokesman
I and politicians, the latter eager to
i flatter the farmer vote as election
.time approaches, to tell the farm
! era that the lower price# are being
j "fixed" by bear Bplnners and spec
i ulators in New York and Ltv?rP?ol
'if the price 1b now being "fixed"
t by anybody it 1b by the people who
in their anxiety to Hell quickly are
willing to Bell a little lower than
the other man.
The proceaB by which this if
done Ih quite simple. Suppose the
price in a leading; market, say Sa
vannah, for instance, stands at 12
cents, business going on at that
figure. Hut offerings are rather
more than enough to satisfy the
demand, and interior holders, anx
ious to Bell, offer to furnish the
cotton, Hay 1-8 cent lower. When
Savannah holders find the interior
is selling at 11 7-8 cents, then, of
course, they must meet the decline
or do no business. So they, too,
concede the 1-8 cent, and then the
interior man, in a hurry to sell,
has to offer at 11 3-4 cents. And
so on, eighth by eigth, 1-16 by
1-16, the price is crumbled off
through the medium of competitive
Belling nuction, goods bought from
the lowest seller. This, in effect,
is what has been done time and
again Ui (he past; it in what is be
fog doue thin season.
Uwmak?r? and other* undertak
ing to put a stop to thin sort of
thing will find Home difficulty iu
doing anything efficacious, except
to make vote* by plausible talk.
They would have to paaa two uuw
laws *nd, harder still, enforce them.
One would be to require and com-i
pel spinners to buy for Immediate I
and future need* whenever, the
sellers thought they should buy, re
gard lu*e of the policy or preference
of the spluner, And the other
would be equally preposterous.' It
would be to prohibit any intend
ing seller from accepting a lower
price for bis cotton than the price
aeked by some oue else.
In times like these, great sup
port Is frequently given the mar
ket by speculation. This might
take the form of advance buying
by spinners, willing to tttock up for
future need* at prevailing prices, or
It might take the form of buying
futures by specu.latpn. Either form
of buying Increases the demand, and
the market effect is substantially
the same.
A variety of influences militate
against specultlaon this season.!
Among these may be mentioned so
cial and political unrest lu Eu
rope and trade peasimislsm in Am
erica, aggravated by politics; also
the belief held by many that the
crop will prove in etfceBs of re
quirements, to which much color ha
been Imparted by the great early
pressure of cottton due to rapid op
ening. Finally, forceful speculation
has been paralysed by consequences
arising from government prosecu
tions of bull speculators. No mat- j
ter how urgent the situation, Uiere
is a feeling that great danger at
tends efforts to sustain prices. The
existing indictments against bull
leaders have a far - reaching in
fluence as deterrents to legitimate
speculation. ? v '?? ?' ? * ?
Thus we see the market depriv
ed of valuable support at the time
when such is most needed. Lack
ing effective support, it is clear that
prices can only decline as long aB
holders are so eager to sell that
they will continue to strive to un
dersell eaph other. ? Savannah Cot
ton Record.
Mr. S. B. Hall carried his little
9-year-old daughter to Columbia on
Tuesday last to have an operation
performed on her throat.
Too Much Credit.
Pay aa you go, and if you can't
pay don't go.
That lit a good rule that needs
to , be 1 11 ?t tiled anew into the pre
vent generation.
There haw been a time J.n this
Country when every uian worthy of
the name, regarded hits credit aw
his moat priceless poaaesslon, and
*the thing is true now, except that
(here are not ao many men who are
worthy of the name.
There wan a time when the dead
beat apeediiy became an object of
public oontempt; but that ia not
true now. It ia not uncommon now
a-daya to hear thoughtless, churac
terleaa deadbeata, actually boasting
of {he aucceaa they have had in rob
bing people.
Neither the burglar, the yeggrnan,
nor the highwayman la u? dauger
ouh to the peace and good order of
ftocjety au ia the dell)>erato dead
beat-- the fellow who will take h.is
neighbors money or gooda on pre
tence of an obligation to pay back
wh?n he has no idea of living, up
to tuch obligation.
lluti it 1h a fact, however humilia
ting the fact may be; but fact nev.
tertheleaa, that almost every commu
nity In thla country la filled with
people who have no other idea of
getting along In the world than aa
leeches on the body politic, than
an "old men of the sea" on shoul
ders of honeat, lnduatrlous produc
ers.
However, there la no good ground
for complaint along these lines, for
other things, especially intelligence,
belQg equal, the confidence man is
but little more blamable than the
man who will allow himself to be
swindled.
WJhlle It would never do to ar
gue that credit should be abolished,
fthere ia no question of..JJio fact
that credit ahouid be restricted ?to,
tb,oae who are entitled to it, and
when a business man extends cred
it , to a doubtful crditor, if there
f>e no other ulterior motive;' it is
not unfair to suggest that h?~ ia
probably moved by greed, and ? -'if
so he is deserving of no sympikthy
when he loses. -
There are many poor, honest and
struggling men who are entitled to
?dredit, and we are glad to believe
that all such are generally able to
find all the accomodation to wfiTffeh'
they are entitled.
It is a fact that credit generally
Zemp's
Drays
When you want your
Trunks ?, hauled or any
other drayage done, Tele
phone 37. Prompt and
safe delivery guaranteed.
J. B. Zemp
In thin country Ib too cheap, and
where credit is too cheap deadbeata
naturally grow more and ,more nu
merous.
If business people generally
*ould be more careful about the
extension of credit, ' )lmiting that
favpr only to those who are enti
tled to it, then thOro would be few
er deadbeats, and the burdens of
honest producers would be consider
ably lessened.? Yorkvillo Enquirer.
Will Sue For Six Millions.
Jacksonville, Fla., Oct. 7. ? Suit
'for jthe, recovery of $6,006,000 dam
ages was filed in the United Statoa
eOyrt hej-e against the Seaboard Air
Tilhe" , jftallway, the Knickerbocker
Trust., (fi'ouip'any of New York^ Chas,
-l|.. Kqop, Franeis Henderson, R. V.
^tthews, C. W. Lucaas and Frank v
CL, 0'6rion, o fXew York and H.
Ilelruan Duval, of New Jersey, the
Plaintiff in the suit being the Flor
ida Railway Company, of which
Frank Drew of this city is presi
dent.
lUr
r
Have "Brooks," Camden, 8. C.,
file you gin saws.
Tuesday, October 17th, at the Camden Opera House
ENGAGEMENT EXTRAORDINARY POSITIVELY GUARANTEED ATTRACTION LATIMORE-LEIGH CO.
Presents BERT LEIGH in Horold McGrath's Delightful Comedy
With same excellence of production and Brilliance of cast that characterised its sensational engagements of two year* at the Madison Square Theatre, New York and su
months at the Grand Opera House of Chicago. You hare read the boolc, now see the play. Seats on sale at P. Leslie Zemp's Drug Store, Price 50c, 75c, $1 and $1 5(
MOST IMPORTANT THEATRICAL EVENT OF THE SEASON-GREATEST SUCCESS IN YEARS
yWSSmOE^- t*' *? *