The Anderson daily intelligencer. (Anderson, S.C.) 1914-1915, March 31, 1914, Image 7
Some colds are worse than other
ckKioroed&tjie medicine. If ti
remember
lQt. 6Cc. 1-2 Gal 90c. ?
Phone ?t Y.
OLYMPIA CANDY CO. Al
VHC!
* * *
*******
N U N N ALL Y'S
Ie? Cream
and
Candy
MEMORIZE IT!
OWL DRUG CO.,
The Cash Store
Phone 636.
***********
SWEET POTATO PLANTS
Nancy Hall, Golden Beauty,
and Porto Rico Yams. I w.?.l|
sell them on South Main Street.
Orders tilled and shipped from
Florida to any point. Plants and
full count guaranteed.
R. F. SASSARD, Anderson, S. C.
8t.S-W.
WHO WANTS ll?
? --4 i
. t .
An lip to date store
room will be built on N.
Main street to suit the
needs of the firm who
want io open business in
good location. All inter
ested parties will please
prompt Ly address "Buil
der" care of The Intelli
gencer.
sss
JULIAN tJLMSCffifS
S 4Safe'!M&
lea: Wataoa-Veadirc* Bi?*?*
aNTWDlBON. m. *
? EITBOPEAN HEWS AND TIEWB e
O
...... ?.?,...I
London. March SO.-While the dally
presa ia busy giving the details of the
Ulster situation, o it appears on the;f
surface, those -wh^hsw vlsltedylro
Ifcnd during the past week ran fore
see a far graver and more widespread
danger than'?aere civil war in case
there should be hostiiuies in Ireland.
There seems to be an undercurrent of
dissatisfaction with the ?general condl
tl m of affairs and it strikes st the very
beert of the empire. Alarming;** |t<
may seem, progressive politicians have
been spreading their seeds of discon
tent so quietly yet *0 effectively that
it would not take much to start sa? to s ,
devolution ?a France. Portugal and
other countries have known. The
militant suffragettes, too, have played
their part we?. Not only ls the miaJ I
bary concerned, *ut King Georgs olav:|
self ls sadd to realise tho gravity er
Libe situation and ls alarmed.
it it ls true that a man M at bhf beet
at Mi? age of fifty, then .England's par
Ihunent sbouid got ??sra^aa one of the
most erudita ia the country's history.
s, but they are all bad. Ut your
e orders Ayer's Cherry Pectoral,
lt fer 76 year?. ^ fc&Hft:
,-.I?I.I .ai
? M. lum ??'
IFS ICE CREAM HE
And We've G?t lt. '
Any qua ti ti ty, any
kind-only one quality,
the best.
Delivr red Promptly
to any part of the city
at the following prices:
S'Qfe $1.40. 1 dal. $1.76.
rock- Order.
ID ICE CREAM PARLOR
?E 70
-JI-L|rLL-N- ;>_,i- .i%
N?l!lier extreme youth nor extreme
age. has such representation faa. the
house ot commons, for there are only
seven members between 21 and 30.
only three between 70 and 80, and one
at 90, only libre? between 70 and* ?o,'
and one at 90. to which a touch of
Irony is added by tho fact that his
name is young. More than half of
the hpuse are between 40 and GO, and
the greatest number for any deeade is
207 between 50 and 60. The average
for the whole house is Just und r 51.
The echo of the Call lau x-( ?alu. ette
tragedy has not yet died out in Pat Is,
and France still is alarmed tor fear
that each day may bring' some outburst
of a serious political nature. Of
course, the royalists are extremely.ac
tive, but no one acquainted with the
situation seriously believes they have
any chance to again come into power.
The entire thought of Europe seems to
be, antagonistic to monarchies, em
pires and kingdoms. ? more progres
sive spirit is rampant and the . best
thinkers of France aro fighting not so
touch for a change to the form of gov
ernment aa- for - a purification of the
men whose genius fit them to lead, but
whose morals are a-cause of national
regret.
Italian anti-protectionists have
cently united with, the object of advo
cating free trade and opposing further
attempts at pr?tjsctlonlBm during the
negotiations bet Ayn Italy and foreign
countries for the renewal of commer
cial treaties. The group so far con
sists of several leading members of
parliament and l"this? three professors,
Baronne, Cu bon i and Scar pa, who
openly advocate free trade. The pro
gram of the Italian free traders ts
briefly announced aa follows: There
ls no other way to'regulate demand
and supply than' free trade which wilt
benefit to '.he grastest possible limit
the .producers a.^SBBmsumers.
Oermcmy is ke$^ug its' weather eye
open. OA. both England and France, for
the soc!?!!??? have" bee** so active dur
ing tbe past tow years that "govern
ment ieadersj&Nj^begtnt lng lo .take
some of llulf tlhrsjMyifirlfiiisij "*
new war tax, sumnmposed upon an
already heavily wcii-tisr,, has not
added to the gojBSrumor of the Gor
man people, andj|0&re Is'anonderour
rent of discontent whtefr the ?an lol
ih* street feels perhaps with, greater
poignancy thangi can ? the representa
tives of the government. I
The Russian government ls" said to
bo planning a monopoly of the corn
grown tn the country. The scheme
was conceived by M. . Bark.. Russia's
new minister of fitmnce. The pro
posed .reform? Jjb?. brief,' ls - os follows :
A network of sta^ granneries win be
cBtabllsheWihroughout the empire abd
the unwilling farthers wUl. have to
traisier their.. cora to'' gran nett*'} in
the autumn, so ta* ac4koy do not need
lt themselves. ''j&Stpricethat wili.be
paid to Use farmers will .be fixed ev.
ery year on the basis of the interna
tional por ii ion In the corn ntarbet,\The
government will undertake the export
to foretgu countries as welt as the
commission business at horns, and
?bus will reap the enormous profits
that are at present pocketed by the
corn dealers and exporters.
An Asreement Was
NoW York, Uetcl* W,, ^isssMitsH
between Federal A^orney Marshall
and counsel fer tho Metropolitan,-fle*
sr iasi^?issasr
Hon or the company, alleged by tn?
government to control a ?monopoly of
the tobacco-icobtog' business,, took
place here today.. The resale, it was
said, would be ?ade publie later:
At a conference test week, repre
sentatives of th* company were .In
formed ti would be prosecute?; unless
it agreed to revile ito butinesa meth
ods: Tbs government ensrtSisrlJss*
tnt ccrhpfflny /***? e*e ?gire?t?#y*l
COTTON WAMI
Broils
Charlotte Observer. "
The so-called Duke plan of ware
housing cotton, which has been so
much in the public prints within the
bast several weeks, directs attention
to se ver jj prestons j. warehoustn g un -
dei tabitha embodying etssaat aU of
the essential fettore* of Ute latest
plan, which have been launched*hi
previo-s years but .which for various
reaaoi'j were not carried through to a
succesBful termination.
The fact should be borne in mind
that all of these plana embody certain
primary features, without' which the
undertaking would be a failure before
it WM ever started. The. first of
these lu ?he manifest requirement for
stab.'Mty and ample backing, with
those safeguards, hedged about tt no
that?the character of the collateral or
security offered. moat be above ques
tion Expert grading, safe storage, de
livery, etc., sro other essentials. As
to direction and control there 'bave
always been two schools of though;,
one favorite- state regulation and the
other corporate control,
Stale ve. Corporate Control.
Those who advocated state regula
tion had ?nany strong features- to ,ad
vance and likewise those who favored
corporate control bad many powerful
talking points in behalf of their plan.
Thus ; for instance a atate-contvotled
institution would have the Indorsement
and backing of the commonwealth,
would be more distantly removed from
possible speculative tendencies-th*
great maelstrom of disaster to pre
vious .undGrtakings of thia character,
and in a general way would be closer
to the people In the operations. Cor
porate control has tho advantage .of
great possible emciency in service in
that possible political influences would
be absent, would have no territorial
limitations aa to state bordera and
would, not be dependent on any ot he?
control /'Save that ot ita directorate
Of course there are other ieaiures thal
will occur to the thinking.reader, bdl
space forbids their . Inclusion here
Previous undertakings.aa for inatanc<
the John I* McLaurln plan, calla foi
state control; the latest bute under
taking calla for contrate managemcn
and control but t*. r> ls no reason wh:
the government e-v. ld not . take:. . ?
hand in overseeing ??at everything wa
done right, particularly under the ne*
administration, the new currency lan
etc.
? ." . Kr. Tompkins' Plan.
air. D. A. Tompkins of thia city.i
perhaps tba?"Jrrjfa lat?; to the south t
advocate a plan Very similar to tbs
which ls tu progr?s of completion cn
what in known as the Duke plan- Man
years ago he evolved Buen a; propos
tlon and in 1905 prepared a r pedal ai
tide outlining his plan, which .by rei
son of it? timely interest ,1a hereat
reproduced! Thia article, by Mr.-Tom j
kina.waa beaded "Cotton-To Equal 12
sunulv and Demsni." lt follows:
^?gftwrlfct.ltiK.?
."This ita pla?.to Issue a certificat
un cotton whloh wouhi stand good ft
lui safe storage and also for the gre*
und CuHf?vi?? 0? the OOttOn ?? ?CCi?
ately determined and defined by I
expert , that the certificate becomes
better baale of credit ant} better also
purchase than the cotton Itself well
be. The cotton could remain in ti
orlglc?i store house any. length ,
time, even atora than ia year.:, w.hi
In '.he: meantime the certificate mig
havfc been hypothecated or bought si
sold n>any times: Tbs certificate re
reseats tb* pottos at accurately.;as
good certificate represents gold in ft
treasury, rnless lt was a?ao!utf
certain that gold of a gusraflte
weight and degree of fineness., wot
be delivered tn exchange for a. .%%
certificate, f the' certificate wes
not clrcaiate atyaUV Wtth.-certaft
ot, getting; the goM when debited. I
gold certifiante I? accented in pref
ence .to tb? gooda.
rrrtlfeat?.
"So a proper cotton certificate on]
to ault the purpose*, of finance s
trade better than tba ci unary bale
cotton. .
t'To, the:, cott?n L buyer, tb? cot
manufacturer and the bank, bk fact
?ll commerce, the certificate I prop
representa the bale of cotton more
curalo** ilian the buyer, m?nufaet
, er or banker could define or Judge
"Uh qualities if the actual baie waa
view. TMn certtpeate ls the reo
'.of an expert's d?terminai ICE of et
Jteattfhe of a? cott??i.
j "Tbeee reee?^ts- ooukt be lasnetf
'cotton not stored nat for (ramed!
lentement; the W\ of. lading taking
place of storage ?catare, The adv
tag? woubj be to get^W actual Opt
'purebase* and a defisUtan df thia
;e*ea*ierti'; ' .
I "The cidbapany biaaing these ce?
este* ?tjHWVdiwn On cot tor
'anv local warehouse, taking prc
bond or security from the local wi
bbnaa company to secure safe ?tot
j?tW certain delivery.,
KP, PLM,
J HEW, SCHEME
''Each bale would be separately
ipected. classified, graded, etc., etc.,
rte., ?sd separately recorded. The cer
tifies** hereto attached would stand
tor one hundred bales or any less
a umber.
"Heretofore cotton warehouses have
Issued receipts which nude them* re
sponsible for nothing except to store
cotton ?nd deliver it when called for.
Most of these receipts dlssvow respon
sibility for quality, shrlat and
.von clsim the right of s lion,
rhey stand for nothing exce, ' v
n a bale of cotton.
< Must Uaarsst*e Everything.
"The certificate I propose guaran
tees everything. Th* cost of storage
ind er this certificate would be same'
is under the ord. In addition to this
storage cost there would be a charge
>f save KO cents a bale for expert
trading and guarantee of grade and
for guarantee of weight, strength and
ither character ist lis as provided* for
n the blank form.
"The company issuing these oertl
lcates would have to establish its re
iponsibillty beyond a doubt; such a
company might or might not own
warehouses. Whether lt did or not :t
could issue certificates in warehouses
>ther than Itt. own. It could issue
certificates Or alt cotton for shipment
emitting the warehouse feature.
"Such certificate would so accurate
ly, represent a bale of cotton, aa to
make its buying and selling easy and
tafe in an* pf the cotton markets ot
the . world or make.lt safe coll at aral
In any of ?ne financial markets ot
\roerlcri OT Europe.
"it wo-tld tremendously facilitate
trading j In cotton ' because specifics
lions coui? be coined ??d ?o^r ?sr-clc-r!
o s number of different people to chow
what cotton was for sala; When a
trade was. made the .certificate could
be forwarded through the banks."
To Collen Fal ass? a?
Tho fuller details of Mr. Tompkins
Dian, which are highly interesting by
roa?.on of the fact that ?bey foreshad
ow So clearly the primary features o
t*e latest undmaklDg. are contain?
lo the address, whljh Mr. Torapkin
delivered at the conventlon'of the Na
donal Cotton Association held Iv
Shreveport, Ls., December 12-1J?, 1>04
sn "Cotton-The Min'Man's Point o
View." This address' wits directed a
the problems confronting the ftf*me
and the spinner and was designed U
mow wherein the. situation mlibt h
battered, the various features tcmchei
upon, being the .boll webvnV. the doter
rnmation t? *be spinners of. Rnrope *
foster sod develop tb* p^dactfon o
cotton tn otber tarts of the world
the Increasing scarcity pf.labor.-situ'
ble for cotton farms, ??nd .apecnlatloz
In connection :with ii^e^psrs^rsnb ot
speculation, th* essential points ^of,
warehousing plan we-c enumer?te
which haye .been ever, since thc essen
liai ?eatureH of ef?rj. w6t;eho?i--}ng ut
d?jrhikjhg. This, calla for standar
warehouses whens cotton could b
nor ed anil insured arter being grads
ind a warehouse receipt issued for 1
wjkWt^. W- _^ Uk ?1-. ?jkMjU. J.J. tlU, pp?
?rfut warehousuis. "om&ssy would a
ford first class collateral. iu' any <
the money markets of the. woriC. .
^.The picture that accompanies tv
article ls a copy of the tpyteal statu
rd warehouse .which Mr. Toespklt
suggested at this Shreveport convei
tlen'in I9fl4,
Is Atlanta.
tn an address in Atlantr. In 190
Mr. TomDklns again oinltned the s
lient features ot hi* pian, as fol?owi
- -We hase alli awr?ctsg#??mos^f'(
less this heed of some mean* to sss
sge the conditions-to average tl
irdantlty of cotton delivered ennui
ty there should be warehou
provided to carry:the surplus from tj
fult years tc make ap tho chmcleney*
lean years. Many Warehouses hi
been btuit. ont it transpires th
warehouse room ls but ono factor
the reform needed in the commerce
cotton. . A. bale of cotton In ? wat
house signifies notbrag to the. dista
fttaU'Whh mossy;to invest. The Eui
pean spinner .for ?ampie donal
??Mr. anything about the responstb
Ity of th?.'loeal : warehouse compai
Therefore the receipt of a local wai
house for cotton ls not negotiable
Europe for thia reason ?lone. JE
thor* ls another reason atm more 1
portant abd this' ts that the spins
cannot fake the risks of grade,
weight and ot many other features
the quality bf th* cotton. Thereto
to order to bring th? surplus '0Y3a%1
ces* crop within reach of the Inri
a*ht morney ot, the world, all of l
condition*.iiost;be worked out s
brought tor be available ' Ot- oncoi Pi
of them do not' sd vases tho parr*
to be accomplished. The waysboi
room necessary to carry 3,000?000.b*
^cotton M sotrssmeient. Tho eoti
ls too cumbersome std oalss******
to mais a basis of credit sad th
?*?*i?t ifeti jisi.ibjiitlisj^lstits^ti,;
v?,, ?S-r ? ; V . . * j? .' ? ..
ike una whole wt? Hegt to hsry-phrt of .
Ihe surplus tod carry lt for fntsre ss?*
tb? cottee is too cumJMrcacnA for him j
tb; TBhrp it nod 1**e Siiarge or it. A !
./.rehouse receipt guaranteeing tho j
proper; storage end, delivery of a bale
of cotton ie not soldent; ,
i etl^a lae B?tala?
"What is needed to make cotton a
basia of general trade and credit is
g combined storage receipt and guar
anteed certificate of classification,
grade, weight au,d other, points affect
ing the working quality or rain* of the
cotton.
"This woe'ld require, a guarantee
company which would hare In its em
ploy a corps of ex nari cotton g rs der?.
One of these would examine and de
termine every factor affecting the rai
ne or use pr a bale!.of cotton. He
would fill ott? a. certif?calo with, the
facta about a hale of cotton and the
guarantee company would become re
sponsible for every feature of the cot
ton as specified in the certificate. In
cluding storage* insurance and deliv
ery when called fdr, as wen,se clsasl
catlon, grade, weight, etc. *
? "A certificate so flited out and guar
anteed would., becoxno a negotiable,
commercial document. 'Thespinner,
European or American, would buy
these certificates. whe0 the surplus
was depressing ,the market and lay
them away in his safe until the cotton
waa wanted to spin. The local ware
house would be benefited because pur
cbaeera would-' in moet esses, prefer
not to mom the cotton until wan tod.
There would be no reclamations.
The spinner would buy bis cotton, by
the figures in the certif?cete, and thlf
could be done In Europe ss well aa ll
th?, cotton, was. there. It would re
lieve, the banka of the south from thc
burden of carrying the cotton crop foi
the farmer, and would- relieve the far
mers, from the necessity ot forclni
sains, because he could get for his owr
cotton- guaranteed certificates whirl
would at and for: a loan la New York 01
elsewhere than the south.
"!t-""C"-id ~?V?? - n?ui?oi mmniArnln
means or equalising marketa and prie
es .tad would nuke our .commerce wit!
the world in cotton avslly. more satis
factory.
" I favor the development of cottoi
production in pttjeir parts of the worli
sa pr?pn?eg by. the HtagHtb and .con
tin?nial splutters This would erin
climatic Influence to bear to get a.bet
ter-average. Y The chances"*^, geeerfl
frost damage would be reduced Xth
crop was-more widely acattored/^k
'J, believe ail the . cotton farmer
would be ben/J"ted by any tnftuenr
that tended to reduce the variations I
production and price.. Great varti
tlons lnjrre tho farmer sa well aa ttl
taapufacturer, and whatever tenda t
stesdy, production and prices Is an at
vantage; to .both.
; "A guarantee company, could do I
hnalness .'la estating warehouses ai
tn compresses. It would improve tl
business of the^e."
Tae Varty tear Test.
An article must Ita ve exception
merit to survive ?V period ,< ol- foi
years. Chamberlains Cough Reme
was first offered to the public In i8'
from a small bfgtonlng ? has groj
In fd+nr luui molarity until it li
Obtained a'world wide reputation; Y
Will find nothing better for a coUj
-- .-..?' nw- ll -1-?. .-ill .......
Vf lum. 117- ?i amM jw?. -mmrm
stand- why it is a favorite after a j
Wed of more than forty years._ It 1
oaiy gires renef-rk eurea. ?or m
by Evana' Pharmacy. (Ad
STATEMENT OF THE OWNEB80I
, ! MA N A (?KM I NT, tlBCULATIt
*r<v v
M0,> ?.'.A.' f.; .? 1 .
of The. Anderson Dally IntelUg?m
published dally except Monday at i
derson,. South Carolina, required
Uia Act of. August 24. 1S12.
Editor, Willam Banks. Andera
i?aaSiae *"<tfcr, Wiuiam Ban
Anderson. S. .C.
. Business. Manager. W. W. Sm?
Publisher. The . Anderson IhU
gencer, a corporation.
Owners:
J. S. Fowler, Anderson, 8. C.
'i. -?.: FretwelU Anderson, 8. C.
M. L. Bonham, Anderson, S. C.
Bonh?m, Watktaa ?,Allen, co-p,
dersWPl Andemnr. s; c.
B. F.? M?d?dib, Anderson, S. C.
H. A.;'Orr, Anderson; 8: CT
Mi' M; Mallison. Anderson, S. C.
j., LI. Hanuoett, Anacreon, a. 1;.
W. K; H Btdgehs, Pelter. 8. C.
Joh? B. Au'icr, Seit?n, S C.
W.' W. Sullivan, Ande**o?v?- C.
C. S. Sullivan, Anderdon, 8. C.
g. B. Marshall. Graeeareod? 8. C
P. C. Fast, Andora?*. 8. C.
^Uoi^^?vWM?^' ?ortgss
cent ormpw <tflo^s?Bnt^fbD
nwrtgages. oe^^at^rrUes^N
tributed, through - the malls or ot
st'**' ?OUt?a,d 8e^i^r,^Tdafcelnf
a,Mav ?-"??? -*....*
WILLIAM BANKS,
Edlti
Sworn to and subscribed befort
this 30th day of March, 1814.
C. KL TREBBLB
Notary PuMl? for Benth Cero
My coeamtssfoa espires at the
pt the Governor.
i
The ?rmers & Merchants Bank and the
Farmer? Loan and Trust Company, h?th ?fA
Anderson, S. C., take a great deal of pleas
ure in leading money to prompt paying cus
fomers and at this season of the year take
an eSD(|?fe^pieasure in lending money to
theirfatteer -friends.
We would ne pleased lo eilend our aenualntsnce with the farm
era of thbfaorid county by lending them money.
*'?*E TO HUE I'M.
Wrmers & Merchants Bank
Farmers Loan & Trust Co*
Mil fill OBnSWBH
HBJ^L JV HBET> W BK
.? ? , ' . \
i^'';-: EHENESI tK BEsl
iBBawBaHBNBBBHJsaKHn ?BBBSSSBI Ba^aw^BwPBWRy ??Ha'''"
?round to peddle are such grsat "Money Makers1' why don't they
KEEP thea themielvea?
When a mart is trying hard to cell you a proposition th*re is
sotnething' in it^. UlM^that's fl sure thing.
ls it not. betti* f?t'm eil io keep our money here at home,
fave" m andWjl&tp OUR OWN Community?
2 A)')|M|^|I^ thu is p otpeiou*.
W c pa, I per cciiit! interest on Savings
Make OUR Bank YOUR bank