The Bamberg herald. (Bamberg, S.C.) 1891-1972, October 02, 1919, Image 1
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. $2.00 Per Year in Advance BAMBERG, S. C., THURSDAY, OCTOBER 2,1919. Established in 1891
BROKER PREDICTS j
50-CENT COTTON'
!
BELIEVES SOUTHERN" FARMER
WILL EMERGE TRIUMPHANT.
i
Better Turn Coming
Bears Win Round One, But Next
Round Will Be Different,
Says Rowntree. ^ .
New lorK, sept. is.?Kitty-cent
v , cotton is predicted by Carlisle Rowntree,
New York cotton broker and
merchant. While admitting: that during
"round one" the bears have had
everything their way, Mr. Rowntree
looks forward with optimism to the
""next round," at the conclusion of
which, he frankly predicts, the South
will be found triumphant uand the
Southern farmer will have come into
his own."
Mr. Rowntree made the following
statement:
"While the inexorable law of supply
and demand must ultimately determine
the level of values, the next
important item in the final analysis,
and one that has not been considered
in many of the discussions, is the
'morale' of the Southern farmer.
*
Phycbology Factor.
"The majority of them do not
know, nor do they pretend to know,
but little about the effects of word'ls
visible supply, mill stocks, exports, j
consumption, census reports, crop es
timates, exchange money rates, foreign
labor unrest, strike troubles, or
any of the economic factors that enter
into making of the market and
. cause it to vary as certain incidents
occur that are bullishly or bearishly
construed. But they do know that
they had a taste of thirty-six-cent
* cotton last fall, since when none of,
the cotton goods they use have declined,
and that, if necessary, they
will eat corn bread and hold their)
cotton until they get it again. And j
here enters upon the scene the psy- i
etiological fact that they want cotton
to advance, and want it so bad that
they only see the elements that favor
an advance, until they allow their
*
desires to so influence their judgment
that they really believe it is going to
advance; and believing this as they
do, they will not sell unless it does
advance, which is thewinning card
in the game of draw as this will
advance, which is the winning card
the majority of farmers have realized
more cash the past few months than
ever before cut off their grain and
other crops, they are in a position to
hold until next year if necessary. And
they will have the help this year of
the Southern banker, many of whom
realize that they were duped this last
spring by insistant, preconceived, organized
bear propaganda, predicated
upon the assumption that if the
? Southern banker got scared the spotholders
would be forced to sell, which
is- just what happened in many instances
around the twenty-cent level.
"Six weeks ago practically all the
"Kior nnorofArc nnd interests in New
kj i J-S VJ/VI U W* W
York City were predicting that cotton
would hit forty cents per pound
in a few days more. This caused a
considerable long interest to accrue,
thus weakening the technical condition
of the market and making it possible
for heavy selling to start the
break and make the longs run, this
additional selling causing the decline
to go still "urther. Now. while these
same interest & are putting out a lot of
pessimistic dope and figures showing
that cotton must decline still further
on account of present ruinous conditions.
they almost without exception
believe in higher prices ultimately.
Then why should there be any further i
decline at all if cotton is to go back
to new high levels? The answer is
" that there will not be much further
decline."
Bears Offer Scarecrow.
"The biggest bear argument recentlv
has been the scarecrow of the
large carryover of spot cotton. Sstrict
^ analysis of these figures, estimated at
6.S?4.fiOO bales, shows that their
significance has been greatly misinterpreted
by those who figure that
the large carryover will cause still
lower prices. After deducting TT. S.
mill stocks and European mill and
nort stocks which are not available
to the short seller, of bales:
linters. 700.000 hales: low grade cotton
not tenderahle on contract approximately
i ,000.000 we have 2.024.- j
000 bales left. Included in this bal^
ance are the warehouse stocks here, a
larsre per cent, of which have already
be^n bought for foreism account, thus
COLSTON CLIPPINGS.
|
Neigh liorhood News of a Social am!
Personal Nature.
|
Colston, Sept. 29.?Messrs. Alex j
Jennings and Eugene Ivirkland mo- J
tored to Columbia Saturday, returning
Sunday.
.Miss Mamie McMillan spent the j
week-end with Miss Natalie Kearse.
The Sunday guests of Mr. and Mrs.
Thomas Clayton were: Mr. Sammie j
Clayton, of Cayce; Miss Fannie Xeuf- j
fer. of Columbia, and Mr. and Mrs.
Lewis Wooley and family.
Miss Laura McMillan spent the
week-end at home.
Mr. Marion McMillan and Miss Addie
Mcillan are spending a few days
in Savannah.
Messrs. B. D. Bishop. Mannie Yarn,
Boh Wright and Will McMillan enjoyed
a fishing trip last week.
STOLL DECLARED NOMINEE.
With Majority of Twenty-six Votes
Over Sherwood.
Columbia, Sept. 29.?The State
Democratic executive committee tor
night shortly before 10 o'clock declared
Philip H. Stoll, of Ivingstree,
the nominee of the party for Congress
from the Sixth Congressional
District, by a majority of twenty-six
votes. v
After purging the box at Andrews.
Georgetown county, of twelve illegal
votes, the protest of E. J. Sherwood,
of Horry. Mr. Stoll's opponent, who
alleged that fraudulent, illegal and irregular
votes were cast at the Andrews
precinct, was dismissed by the
committee. The purged votes were
not deducted from either candidate
and the result, as tabulated and declared.
gave Stoll 5.300 votes and
Sherwood 5,274 votes.
If the purged votes, said the report
of the committee tabulating the
results, were taken from the total of
Mr. Stoll. it would leave him 5.28S
votes or a majority of fourteen votes
for the district.
The famous Holman Bibles are on 1
sale in Bamberg only at the Herald
Book Store. A few family Bibles on
hand.
leaving the short seller very little
of the actual to fill in his contract
with in the event it is demanded, and
since mill and spinning interests have
been buyers on the scale down, it is
only a matter of time until the cotton
will be asked for as the options
expire, and these same bears who so I
j ctMcsoi* suiu biiux t uxx me eaxxvuvei
figures, will be converted into the
best bulls in the world when they
find they cannot get the spot cotton
to deliver and can only cover at increasing
higher levels. Even though
the carryover was 3,000,000 more
than it is, the result would not be
much different-, as the South is now
financially able to hold and carry this
amount of cotton. And if each of
300,000 farmers and merchants in
the South would appoint himself a
committee of one to buy a contract
of tenables of cotton and call for the,,
actual at time of expiration, there
is no limit to the price cotton would
sell for.
"Also the bears have contended
that the Government campaign
against high cost of living would affect
cotton prices along with everything
else. But the only way to decrease
the price of a commodity like
cotton is to increase the production,
and unless the producer gets a living
price over his cost of making the crop,
the production will not be increased.
Although on account of the large
margin between price of raw cotton
and finished product, the price based
on as high as 70c to 90c cotton, the
ixuiaiicu pi'uuuui ma.y uclhuc, emu. lui- |
ton still be entitled to advance.
Another Round Coming.
"During round 1 for the past several
weeks, the bears have had everything
their own way and the gong
strikes with them a winner on points.
But the gong will strike in a few
months announcing the opening of
another round, when all of the present
temporary obstructions to transcontinental
trade will have been eliminated.
exchange rates improved.
Peace Treaty ratified, and England,
France. Spain. Belgium. Japan, the
Scandinavian countries. Italy, Germany,
Austria, et. al.. wanting a few
million bales of cotton each, plus
American renuirements, totalling
twenty-five million bales, and their
buyers here vieing with each other
in a mad rush of competitive bidding
for the fleecy staple, at around fifty
cents per pound, with the South triumphantly
holding, and the Southern
farmer will have come into his own."
HOLDING WILL WIN j;
HARRIS CONVINCED
FARMERS MAY EXPECT THIRTY- <
SIX CENTS FOR COTTON.
Position Now Improved
I
Crowers Are Reminded That They
Are Not Producing Cotton
to (iive Away.
Columbia. Sept. 27.?That the
holding of cotton off the market sure
lv will cause the farmer to get a
minimum of thirty-six cents a pound
for his staple is the position taken
by B. Harris, State Commissioner of
Agriculture, Commerce and Industries.
in a statement given out today.
Mr. Harris asks the cotton producers
jf South Carolina to "stand by their
guns" in the fight the American Cotton
Association is making for them. *
In Better Position Xow.
"We are in better position to win
this fight," said Mr. Harris, "than we
have ever been. We are in decidedly
better position than we were last year,
when we had 4.000,000 bales more in
sight than we have this year. We
won last year our contention for thirty-five
cents and I see no reason why
we should not get our thirty-six minimum
asked for this year. If we will
keep our heads and hold our cotton
we will come out on top. To win this
fight means to win permanent domination
of the situation. To lose
means that we slip back into position
where we will be despised by ourselves
as well as by those who have
been shoving the Southern farmer
down. Cotton is sure to advance.
Why?
"Because at the lowest calculation
there were in sight this year 4,000,000
bales less than at the same time
last year and cotton was selling for as
much or more last year* A year ago
the^whole world was at war and European
industries were idle. Today
cotton should be moving more rapidly.
A year ago we were told that the submarine
menace prevented exporting
our cotton. Today there is no embargo
except profiteering.
"In fact there is every condition
to make cotton more in demand today
than it was a year ago. I beg
the farmers to think about things before
they rush their cotton to the market.
The famine in cotton and cotton
goods is well known to the world.
Farmers must realize that the world
must come to them for their monopoly.
We do not wish to be extortionate,
but why should we grow cotton
to give away?
Bears Alone in Market.
"The reason why cotton is not now
selling for forty cents is because there
is nobody in the market but the bear
speculators. This condition will not
last long. A reaction is coming and
the price is going upwards. The time
is not far off. The distressed cotton
;s now going to the market. I say with
regret, but when this is out of the
way the remainder of the crop will
bring a fair price. T have been telling
the farmers that the bears have
sold an immense lot of cotton for October
delivery and the speculators are
making a frantic effort to get their
hands on the re?l cotton.
"Under such conditions there is no
competition in the market, and there
will be none for the present. The
only way for the farmer to sret ? fair
price for his cotton is to hold it off
of the market. T am told that the
mills are running from hand to mouth
buying just enough for their immediate
needs.
"If the American Cotton Association
had been thoroughly organized
and had been able to finance the distressed
cotton we would immediately
see cotton selling for a fair price, in
accordance with the laws of supply
and demand. The American Cotton
Association is gaining momentum. It
has required time to get it organized
throughout the cotton belt. It is not
merely for today. It is to stand for
the fight of the farmers against outsJde
combinations, and those combinations
will keep on fighting.
Must Stick Together.
"The farmers cannot get the best
that is in life and all that is their
due unless they organize and stick.
The association should have the sup- .
port of every farmer, for it offers the
remedy for the evil conditions of the
present that have come to us from
the nast.
"We won the fight for thirty-five
cents cotton. T wish we were fighting
for forty cents cotton now, or for
even a higher price, for cotton is
worth it. But let us fight for the
MOB BURNS JAIL;
NEGRO LYNCHED
ttlAHA, XKI5KASKA, SCKXE OF
HACK HIOT.
Troops Are Called Out
Mob Seeking Negro Who Assaulted
Wliite (.hi, Sets Fire
to Jail.
Omaha. Xeb., Sept. 2S.?At a late
hour tonight it was discovered that
an abortive attempt had been made
to lynch .Mayor Ed. P. Smith, when
he appeared to appeal to the mob.
Although reports are conflicting it
is known that a rope was thrown
around his neck. A policeman cut
it off before the mob could accomnlioli
i + e nnvnneo
J'A&OH HO n A |;uov.
The mayor was carried out unconscious
by a squad of police officers and
friends and he was hurried to the
office of a surgeon nearby. He was
removed to a hospital. At midnight
he was still unconscious.
Omaha, Neb., Sept. 28.?William
Brown, colored, alleged to have assaulted
a white girl was dragged from
the county jail at 11 o'clock tonight
and hanged to an electric pole, following
a struggle of nine hours by an
immense mob to wrest him from the
sheriff.
)Sheriff Michael Clark and his deputies
held the fort in the top story of
the courthouse, where is located the
jail, with a hundred prisoners, until
the building became a seething mass
of flames, and he was forced to submit.
Firemen Gft At Flames.
Alter the lynching:, the hremen
were for the first time able to get a
stream on the flames. At the same
time additional extension ladders
were sent to the third and. fourth
floors where many of the occupants
were standing on window ledges on
the side of the building that had not
been touched by the flames.
The entire fire department was on
the scene and many of the trucks
were rushed to truck houses to secure
extra hose.
The negro was pulled out on the
south side of the court room, giving
the firemen an opportunity to work
on the north side, where the fire
started. As soon as the mob had accomplished
its primary object, it
started to diminish.
The work of rescue then began. It
was apparent that the jail story, on
the fifth floor of the building was
becoming intensely hot. The cries of
the prisoners, about 100 of whom
were trapped, spurred the firemen to
greater efforts.
Mob Demonstrations.
The lynching followed an afternoon
and evening fraught with mob demonstrations
seldom Recorded. When the
first rumbling of a possible attempt to
lynch Brown were heard during the
forenoon Sheriff Clark called in all
his regular deputies and swore in a
number of others. The first act that
indicated that the mob was in earnest
was a parade up Henry street by
about fifty men who detrained from
street-cars a few blocks from the
court house. They tore up Henry
street at double quick and were at
the sheriff's headquarters before ho
realized what had happened.
Appeals were made to the police
station for help and a few uniformed
men were hurried to the place. In
the meantime the central station
telephoned every man on the force
and those on the South side to report
at once. Being Sunday many of the
men could not be found. The result
was that several thousand persons
had gathered on the South side
of the court house before the police
could arrive in any considerable number.
The assault with which William
Brown was charged was committed
on a young woman early in the week.
With an escort, crippled beyond the
point of resistance, the girl met her
assailant a few blocks from home in
the southeast part of the city. He
held the couple up at the point of a
revolver. After robbing the young
man he attacked the young woman
in his presence, holding a revolver at
minimum that has heen set. and the
way to fight and to win is to hold the
cotton until the price goes up. It is
so simple and the results would he
so sure. Not alone the farmer, but
every person in the South, would be
helped by the success of the farmer:
then why should not all malce this
their fight?"
ih< k-bi r,<>si:.
Brilliant Wedding at First Presby-j
terian Chinch in Columbia.
A brilliant society event of the
early fall was the marriage solemnized
last evening in the First Presbyterian
church of .Miss Gwynn Ewell
Dick, youngest daughter of Mr. and
.Mrs. Thomas Hasell Dick, of 1622
j Senate street, to the Rev. Pierre
i Wilds DuBose. the ceremony being
followed by a large reception at the
Dick home.
The Rev. Thornton W. Whaling, D.
D.. president of the Columbia Theological
seminary of which the bridegroom
is a recent graduate, and the
Rev. Andrew W. Blackwood, D. D.,
nactrir nf tlio rUnirrUi nfUrintPrl
The bride's attendants, all of whom
wore exquisite gowns of pale colored
tulle and silver cloth and carried bou
quets of deep pink Maryland roses, inj
eluded her cousin. Miss Caroline Dick,
i of Sumter, as maid of honor: her sisters,
Misses Emily and Margaret Dick,
and her friends, Misses Jane Barron
of this city and Marion Wassum of
Greenville as bridesmaids.
The maid of honor was in orchid
tulle and her flowers differed from
the others in that they were in shower
bououet instead of a sheaf. Miss
Margaret Dick and Miss Barron wore
pink, Miss Emily Dick and Miss Wassum.
blue.
The bride, who entered with her
father, by whom she was given in
marriage, was the picture of stately
youthfulness and beauty in her wedding
gown of white duchess satin
made with court train and combined
with the filmiest of real Egyptian lace.
Hand-hemmed with whole pearls, the
lace formed a part of the corsage and
the flowing sleeves. Her veil was fastened
with a wreath of valley lilies
and her bouquet was of bride roses
showered with lilies.
The ribbons were stretched up the
aisle by little Alice Coopeiv daughter
I nf A T r inH ATre PnlioH rnnnai? /"\f
| vy i. .M i , unvt .uio. i vwpci , ui
Wisacky and Elizabeth Withers,
Withers. They wore fairy frocks of
white tulle with butterfly bows on the
shoulders.
The bridegroom was attended by
L. H. Anderson, of Anderson, as best
man, and by E. P. Henderson, of
Aiken. H. Xoble Dick, of Sumter. J.
Roy Barron, of Rock Hill, and J. W.
Thompson, of Rock Hill, as groomsmen.
The ushers were: The Rev.
John D. Gillespie, of Beaufort. D. A.
Swicord, of Georgia, who is a student
at the Columbia Theological seminary,
Prof. W. T. Riviere, and Dr.
Reed Smith, of the University of
South Carolina.
Just before the ceremony a group
of love songs, written especially for
the bride by her aunt, after whom she
is named?Miss Gwynn Ewell, of Norfolk,
who is rapidly gaining recognition
in New York as a composer?was
sung by another aunt, Mrs. George
Pilcher, of Norfolk, one of the most
widely known sopranos of her State.
The wedding music was played by
Mrs. L. B. Folk, organist of the
church, the "Bridal Chorus" from Lohengrin
being used as a processional
and the Mendelssohn march as a recessional.
The decoration of the chancel consisted
of a bank of feathery asparatrii
c ina tuirn in or whitp tflTIPr? flffflinst.
a background of white, bordered with
tall palms.
For the reception the entire lower
floor of the home was thrown open,
and a large room on the second floor
was given over to the handsome collection
of wedding presents. Palms,
candles and cut flowers decorated the
rooms most effectively, pink roses
and pale purple field asters giving a
charming color combination everywhere
excepting in the dining room
where bridal green and white were
used.
Receiving in the drawing room
were the bridal party and bride's parents,
Mrs. Dick wearing a beautiful
gowmof pale orchid chiffon embroidered
in silver with a girdle of silver
ribbon and a corsage bouquet of
Ophelia roses. In the back drawing
room the receiving party consisted of
Mr. and Mrs. George Dick, of Sumter,
Mrs. Pilcher and Mrs. Ewell. of Norfolk,
all house guests. Dr. and Mrs.
Theodore M. DuBose and G. P. Logan.
Mrs. George Dick wore black satin
tbe head of her escort in the meantime.
Later Brown was arrested by police
officers and taken to the city jail
where both the girl and her escort
identified him as the man who committed
the deed. Later it was stated
that Brow-n had made a confession of
his crime. He was taken to the county
jail, which was considered a safe
place for his confinement.
? *
SAILORS TAKE
ITALIAN TOWN
\mi:hk \\s in* posskssiox op
tilol*.
Act as Policemen
Italians Surprise and Seize City in
Zone Cnited States Forces
Guard.
Washington, Sept. 2 7.?A force of
American sailors from the cruiser
Olympia was landed at Trou, on the
lower Dalmation coast, September 23,
Secretary Daniels announced today.
Without hloodsllPfl tho A mariMxo
gained possession of the city, which
previously had been occupied by a
force of Italians.
Secretary Daniels' announcement
said:
"On September 23 a number of
Italians surprised and captured Trou,
a Dalmation port in the zone assigned
by the supreme council to be policed
by the Americans. A small
landing force from the United States
Ship Olympia succeeded in recovering
the town and preserving order
there without bloodshed. Serbians
were persuaded by Admiral Andrews
from taking action."
Rear Admiral Andrews, commanding
the American naval forces in the
Adriatic, in reporting the landing,
said he acted on instructions from the
supreme council at Paris, received
after he had reported that a force of
Italians apparently?revolutionists, had
occupied the city on the morning of
September 23. His message did not
say whether the Americans still occupied
the town, but press dispatches
from Copenhagen and Paris have said
that the Americans withdrew after
turning the town over to the Jugoslav
forces.
The Italians. Admiral Andrews reported,
retired when the Americana
landed, without offering resistance.
It was said at the navy department
that Trou was in that section of
the Dalmation coast assigned by the
peace conference to the United States
for patrol. The Italian government
is responsible for the strip to the
northward and the French for that
to the south.
and cut jet; Mrs. Pilc-her was in deep
orchid satin and Miss Ewell wore a
gown of gold tulle over gold cloth.
The guests were greeted in the hall
by Mrs. R. A. Lancaster, Mrs. Christie
Benet, Mrs. Robert D. Earle, Mrs.
Andrew Blackwood and Mrs. Wyatt A.
Taylor. Miss Susie Fitzsimmons and
Mrs. Guy Tarrant invited them into
the drawing room and Mrs. John T.
Slogn showed the way to the dining
room. Receiving there were Mrs. William
R. Moody, Mrs. Cyrus Baldwin,
Mrs. J. T. Barron and Mrs. J. 0. Reavis
and serving a course of ices and
wedding cake were the following girl
friends of the bride: Misses Mary
and Helen Currell, Heloise Gibbes,
Caroline Banks, Thely Clark, Mary
Elliott and Bessie Taylor.
Unusually lovely in appointment
and decoration was the bride's table.
The chandelier above had been converted
into a great bouquet of lilies
and feathery asparagus, the lights
? hi nine throneh tlipnptnls of the flow
ers, and four streamers of white tulle
led down to small cut glass baskets
filled with bride roses. The candles
were in tall silver candlesticks, and
in the center of the table stood the
bride's cake, iced in delicate valley
lilies and surmounted by a tiny imported
bride doll. Encircling the
cake, at the base of its crystal stand,
was a chain of bud vases filled with
valley lilies. The dainty little souvenir
boxes of bride's cake were presented
the guests by Miss Pamela
Moore and Miss Dora Gray, and presiding
in the present room upstairs
were Mrs. A. B. Theilgaard and Mrs.
Lindsay Peters.
Mr. and Mrs. DuBose left last night
for a wedding trip after which they
will go to make their hame in Bamwell
county, Mr. DuBose being in
charge of the Presbyterian churches
in Barnwell, Bamberg, BiacKvuie ana
Denmark. They will be there until
the first of the year when they will
leave for the mission field of China.
Mr. DuBose, who is the son of the
Rev. Hamden DuBose, pioneer missionary
of the Presbyterian church,
wos born in Soochow and spent his
boyhood there, being sent to this
country to be educated. He was
graduated from Davidson college before
entering the Columbia Theological
Seminary.?Columbia State. September
25.