Historical Newspapers of South Carolina

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VOLUME 1, NUMBER 120 Weekly, Established 1SC0; Dally, Jan. 13, 1914. ANDERSON, S. C., FRIDAY MORNING, JUNE 5, 1914. PRICE FIVE CENTS $5.00 PER ANNUM MARTIAL LAW IS DECLARED | n AND STEAMBOAT NAVIGA ? TION STOPPED DESPATCHES ARE ISU?JECT TO DELAYI A Strict Censorohip On All Mes-j lj sages, Withholds Infor? )[ mntion of Movements $ Of Troops y, .. (By Associated Proas.) 4London, July 3 ? .-There are only two factors tonight giving the faintest nppe ot averting a general European . . ; y- '. > /iFirst, Fr?cala and Auatrla are en gaged again in direct negotiations. ,: (?Second, Both. Great Britain and BVance are using their utmost .en deavors in favor of peace. , i on the other han?, Russia has or dered ? general mobilization and Oer many has d* eldred o Btate of siege, which is undoubtedly a prelude to, if Mt does not cover- mobilization. -V Prance has not mobilized, but cabi net co?ncll? which sat until lato to night, issued ? decrees establishing a ; luo^^e*of wur!*^nonlcIejry^ho^Fren^ army is being virtually mobilized. . A clrcumataatlal, though as yet, un confirmed report, published. In Rome says Germany, ls about to denian a from both Russia'and France the im mediate cessation of mobilisation. Yet ."'another rumor is that tho German am hhssador has notified the! Branch gov ' ?rnment of. hia early departure. ?s i Great Britain ls practically, though r.ot officially, mobilized, and tho smaller European states, Belgium, Holland abd; Switzerland, as a- pre Sutton, nave ordered the caobUi?ation their armies to protect their terr 1 . tory from being used aa a highway for the belligerents and Norway, sweden abd penmark to guard themselves'oh general principles. ' . vi ta} y '/mate's no ano nun cornent and ?though a rumor cr?dita her with tho deulslon not to participate In the struggle, there is little doubt that abe la making ready for mobilization, fi Communication Cut Off. ... ,1 Communication across Europe has Sen ont ott and there ls universal ap Ication or the censorship, with the result that- it is impossible tb obtain ahy accurate knowledge of what mil itary operations are going on, In Ser via. All code telegrama are refused, y Rtany American travfilora have bean ' lield up b .' the suspension of interuat ? ional trains, . jj The withdrawal of . throb:., famous German yachts from the Cowes regat > . ta la significant. They include the ' emporor^ Meteor and Krupp's Ger ? mania. . j Ail the. countries involved ta. the ? war havo prohibited the .: export. ot many products. All tba stock et: chp.ngea in England and Scotland are : ; cloBod. ^ ,, raised their, rate? and the Bank bf England rate baa been doubled. 1 Cftlm But Determined. J Facing the most perilous epoch m their hiai?? ?luce they shivered be tora thd-spectre ot a Napoleonic .in vasion, the English people are the cilmest nation pf Europo. Yesterday they feltlhe? decision whether tireat ? V, Britain .wt?&be drawn into * ?en?ral ? SufSahIfofo? hangln? tn tha?&& ance. tqday thoyfbellove lt la a proba bility rather! than a possibility.. fTThei? is no mistaking the fact, with j exception of. ? minority ot< peace vocate?, the' nation's mind Is recod ed to war. a There ^ave been no '?damtmsjra* tiona*' but there is apparent at?ong nil tjon^lr' tb?gov?rnm?nt declares the v. Ation-a; .wteresta Kiod c*l!a*^?.iw(? , Slire#i^id?.t?kft up arms slde/bf ?tte V *ith Rdssl? a?d;<$r?ac?, id see the l^sides^^rdugh to the bitter end. ? '. " . - Be?4r Fer tl? Fi*y. VThb ?>?Uef vOf the average man ls that the exUt?nc? ot, the whole ol Bu? rope as ah, armed camp, nervous and ,' ijelqna, oould. bete but one eulanda/ t on and if tlie hour for a general eel yemeni h*? struck," there -will\ be no ;#if%?tochiag.i v Tho luUltftfy SUuetlonstands where ii did last h&h-.The mobUlJt?^^;o| naval jfb*#s ?#s been completed tad . :the fiants on a war footing except (Continued on- pa?o G.) I STATE R AL L 0 . JPh?to by American Press Asscciatioc Heir to Austrian Throi C'? WU Prince Charles Fx ancla Jos? after the assassination of Archdnke Fi dla te ca nae of, differences between Am ancle. Emperor Francis Joseph, on the ' Austrian anny hi the crista, ? Wild P (By A8socIatcd|Pres8.) . New York, July 31.-To-dry will pass into history as cotton's "blackest Fri day." In the brief hour br so that the market-was open, before the board of managers announced an adjournment until IQ a. m. Tuesday morning three failures had been announced, one bf them an Important house In the Btreet, brices had covered a wider, fluctuation than In'any similar, period In the his tory of tho ex liango and the frenzy of trading in tbe ring- was 'probably greater than anything ever aeon here even In the strenuous days of the Sul ly campaign. Thon' the excitement was largely local. Today it was part pt a world-wide apprehension and a dread of conditions whlc?" have not ex? Isted previously In a generation, A Tremendous Slump. -V^^i; . tfhe violence pf the early.trade may fio Been from tho fact that after open-' ng 13 to 46 points lower tho market Bteadled up a little and then sustain ed a perpendicular plunge of SOO points, or $10 a, bale on some of the hew.crop positions. At this time cot. t?n was being thrown Over in large quantities by Wall street interests and by room > longs ; - in fact * anyone who owned contracta - seemed anxious to eet rid of them at any price, ? ' The announcement of the failures/ coming at this-tlm?, ably added to the, uproar which was as close to a panic ae anything the market has witnessed; In its existence. hos? Partly Bewers*. But when tne selling movement reached its height big spot interests, ?who In ra?> such timbs of extreme de morallxawon In the past have come to the rescue sent In. their brokers with unlimited' buying' orders and the col lapse ended as quickly as lt began.' Shorts began a scramble to get baca their cotton and when the market cloged prices bad recovered fully 100 points of their loss and were only about 55 to 70 pointe under last night. ; Marfeet BnllLsh. ; At the lowest point today the mar ket. wa9 312 to |14 oJ bale down froth the close,nf last week: and 116 to ila under the lil sb est figures ot the sea son ht June. The government Issued after the close, made the.; ditton, 76.4 and was considered ; bullish, as it waa a reduction of 8.6 points from the tan rear average, Should a general war bo averted it was bellRvcd that theso figures would ie jLeads Nation's Arni} Vit, ne*i ia iine to the Austrian throne rancie Ferdinand, which wu the lnime itria and Servia, will succeed his great throne. He will lend a large part of ths Witnessed lunge in Cotton play a very Important part when the market opeo s next Te s day. The market closed steady. Spot G. 50 tG.70; ' August? 6.59n?.c 1 ; Septem ber- $.06a6.67; 'October 6.63a6.54; No? vombor and December 6.42a6.45; Jar^l uaryO.47aG.49; February 6.49s6.55: March 6.55aG.60. Fishermen for Fighters. v.ifi,tJphnk, N. F., July 31.-The French cruiser Frlant sailed tonight for-France after coaling hurriedly. Oh the Orana*.Banka she will pick up 1, 000 .men of the French fishing' fleet, and .proceed to Brest, where' the fish ermen' will bo distributed among war. ^^^^^^^^ Oing^To the Belie? 1W a Gen. [|??fW?f; May Yet Be ?'??w'Wy 81.-J. F. Morgan today issued the following statement: ?iSAjSOTrhg.as the new8 is from Eu W?t?tyy *** a?ll hoplntr that there, will not be a general war. t..jtftu?tlon ot the American' se ^lfr% Wk6^ daring the past, few iMfX?*^60 ? ?Plana? Illustration pjPr^ *?'*?*? bf financial j^wgbnsVln thlrf country. While we mt earnoaUy hoped that the New York st^k V6>change v might be- kept open; l^J^V^^^1? In the interest ot th^bow/countrytc-dote the ex change^,. :. ; ? 'V.ffiW''te''nitod that the actual- prc perttes-* represented; by America,,se ^^wlU^not .uffer greatly by a m St.Idle to say that America wiri >iot b?ttftrV by a general European Js^v/Ttyftra. ls no, doubt thftt the whole American people will cooperate to re store :?o^ conditions'; thro?gho?t |l||%-v . '- '"'X' . ^partanburg, a. c.. Joly si.-The Ifei?^rwofld TBnaihist, an gWc??lu mergyman\:?f i Washington, D.'O., WM. killed -tonight Itt.^oftaa. tob, N;'C.,:while":attempting Io board ?? ?.0 . ABD FOR COMING WAR FIVE MILLION DOLLAR IS SUE OF EMERGENCY CUR RENCY AVAILABLE FINANCES GOOD National Banka Muet Be Secured By United tSateo Bonds For Not Lesa T?n 40 Per Cent : (By Associated Press) Washington, Inly 31,.-President Wilson and th? administration acted promptly today' tb reassure the coun try agalnbt .threatening financial dan gora ont of the Saroyan war situa iM.p. Pint ?he prs-i.ceni Took steps to complete Immediately the organisa tion of the federal reserve board, so the new currency. law may become ef fective. ' S*cretoi7 MeAd03, expressing ap-j prov?l of the closing of - stock ex changes throughout the country, an nounced that; a $500,000,000 issue of emergency currency walting at the treasury department would be made Immediately available to nar.onal banks. To make moro easily accessible this emergency currency, author i ced by the Aldrlch-Vreel?nd act, the senate late today, ai. Mr. McAdoo's sugges tion . passed unanimously an amend ment to tho currency law modifying the clause- providing that banka of ! national cujf?gdcy association to j avail themselves of the issue, must I have outstanding currency notes, se cured by bon&htftf tba United States to^an amount^g^ less than forty per Tho-trtnondmehb'.would givo tho soc retary "of the ' tr??sury. authority in his discretion to ignore restriction. It will he? pawed pearly tomorrow by .the .house and prd?aoiy will be signed by the. president before night. To hasten perfection of the f?deral reserve board, it waa made known at the white house that President Wilson would send to the ec note tomorrow hts choice of a successor to Thomas D. Jones; of Chicago*!whose nomination was withdrawn; Th* tense situation Sis? brought to immediate action Paul M. Warburg, of New York who for weeks had been" balding back frost an examination by tho senate com mittee on banking and currency. Mr. Warburg notified the president he would .come to Washington at once and telegraphed Senator Owen, chair man of the committee that in defer ece to the president's urgent request and In view of the1 seriousness ot tho present emergency he had decided to waive ali persona) considerations and was prepared to appear before the committee at a convenient dato, i After another exchange ot messages j it was arranged that Mr. Warb?rg should appear before'the'committee! tomorrow afternoon. In the mean time the name of tba other member will be submitted to the senate. To night It was believed that Edwin A. Potter, a Chicago banker and a repub lican would bo cheese. Otuclal Washington was unusually | optimistic regarding the general fi nancial outlook In the United States,! Secretary McAdoo bad no worries over tho exportation of American gold,) though he approved heartily the clos ing of the stock exchanges In order to | check, lt. He referred to the patri otism of the bankers of the country,] who, he felt assured, would not per mit exchanges that-: would be disad vantageous to the nalbra. "America ls In a position to tako | care of herself," the secretary said. (Continued on Sixth Pago.) \ , ,. . ?; ?'", , s o o ooo o o ? o,o o o o o ao| o GERMANY DEFIANT o (By Associated Press) ~ o Berlin, July 31.--The o Germ?n Emperor made a o war speech to the people o ot Berlin today,: m which o he expressed the hope that o if he was unable to induce o his opponents to maintain o . peace he would wcild the o sword and show his ene o niies what it means to o provoke Germany., o The Emperor has sum. o rrioried the Reichstag to o , meet Tuesday at the Royal o Palace and hear the de ? cisi?n of the emperor and ? th? Burjdesrath, and if d necessary ;to vote a war o; vcredit. ? o o o ? ? o o. o o'o ooo o o o e ? , URLS DEFIANCE i WORLD'S MARKETS ( FOR INDEFINITE TO AVOID COMP! ? y Photo by Air rican Prose Association. ; Belgrade, the Servian Capital Belgrade, which King Beter of Servlft hantliy abandoned, ls separated from Austrian so i only by tho river Danube. Close to the Danube ls a fortress, part of which crowns a hill 150 feet high. JFrorri Reface of Eartlil a Majority of From 20,000 to 30,000 for "Law and Order" Special to The Intelligencer. Colombie July 31.-About 60 mem bers of the state democratic conven tion in May met av the Jefferson ho tel Friday st noon ia response to a call issued by the Aiken county dem ocratic delegation. After the reports were received from the different sec tions of the state it was decided that no steps toward elimination of anti Blease candidates for governor were necessary, .The concensus of opinion being that, "HI ease i tm ls already de feated" and that "the overwhelming majority of the people of South Caro lina are .opposed to Bleaselsm." It waa emphasised by the Aiken county delegation that lt was nover the intention to interfere with the free choice of the people of tho Stat) in the primary election. It was stated by the leaders in the conference that lt was not the intention of the move ment to force any' man out ot th? race for governor, but that the matter of elimination should be left to fae vo lition, of - the candidates*. Thors was not a candidate for governor, present at the conference. Responding to cries of ' Pollock", Hr. W. O. Pollock of Chora v. whose name ls now well known thionghont South Carolina from the brilliant fight he is making in the race fer the United States Senate brought the conference a message of good cheer. "I have been In 30 counties, alohg the coast and ' extending to the foot of the mountains and my positive belief ls that Cole Please will not carry a single one of them" he said amid cheers. Telling bf his ambition to represent South Carolina In the United States Senate, Mr. Pollock Said he had been actuated by a higher motive than this In'entering the r/:e and that motive to to do a man's 'part in redeeming South Carolina from the reign of law lessness which has disgraced her for the last three and one half years and to bring her again to that place, she formerly occupied and to re-enthrone righteousness, law and order, in the State." Saying he appreciated the privilege of addressing such a patriotic assem blage, the Cheraw man said that when the senatorial party w?s In the lower part of the state and Governr/ Bleaso was getting such cold comfort he kept saying, "wait till we reach the Pied mont." When, we got there Mr. Pol lock said, the revolt was still more pronounced against. Bleaselsm. "At Newborry I saw forty badges of so cialism and nihilism torn from the breasts o? men and trampled into the dust after they had heard Bl ease's re cord,'! he stated amid tumultous cheering. Saying when they penetrat ed further Into the Piedmont 'section, the sentiment continued growing against Bleaselsm. Mr. Pollock de clared that he did not believe any majority that the Governor In Ander son county would not be. au much ss 260, and lt otsgraced itself two years ago'by'giving Bless? a majority of over -2,000 and Mr. Pollock said he did not believe Anderson county would gc for him at'all. He said his informa . '":\V-.; . "' :. ' ; . . tion was that "Blesse would -lose Laurens county" and gave It as bis opinion that the sweep against Bleaso. ism would be complete. "I have the privilege or telling the I people what Blease ' is, and what he stands for," he continued, Baying that the people could be trusted now as | always'and that their "eyes wore be ing opened." Showing how he carried tho fight Btraight to the people, the Cheraw man told the conference that the masses of the people were stirred and that "the great majority of them will never again record their vote for | Blease and what he stand? for." Mr. Polldck said that he knew that I thousands In South) Carolina had hearts that beat in-unison with his, j but he understood the situation and j "that they were going to yote for an other man for. Senator. God speed them In their good work for ' the State.'" He said th nt he would have the consciousness of duty well done in playing a man's port In helping to redeem South Carolina and that that would' be. compensation enough. "Not witV the sir of a braggar," he | (Continued on Sixth Page.) BLEASE IS GONE IS THE OPINION ! Meeting In Columbia Yesterday! Concluded That He Has Lost Race For the Senate Columbia, July .Tl.-That Bleaselsm to already, overwhelmingly defeated | in South Carolina and that the democ racy of the state can be depended up on to voto,for the.candidates who will stand for law, order, and decency as opposed to the lawlessness. "whtch bas disgraced South Carolina for the past three and one-half years," .was the substance of a resolution drafted and adopted by delegates representing the antl-Blease forces of the state, which met here today. Resolutions offered by George W. Croft, member of the Aiken delega tion, were adpoted without a dissent ing voice. The following ls the last section of the' resolutions: ' Whereas,, it -was thc judgment ot those assembled that the overwhelm. lng majority of the people of -South Carolina ls opposed to Bleaselsm, and Bleaselsm is already defeated, and? Be lt resolved, hy tho delegate? to the recent state convention from Aik en county that wo do not deem it further step Reward ? wMlou of a necessary - or * expedient to take any proper and ault able candidate for gov. er nor, nut we call upon tho manhood of South Carolina to Join with us in going to tho polls and laying aside If necessary their personal preferences and In casting their votes for the hon or and good of Our stato and for the candidates who appear to be.the.inost available to overwhelmingly . defeat Bleaaeism August 25th. ?OI?T MANY PROMINENT WALL ST, BROKERS ARE .FORCED TO.; THE WALL I /.,;. \ \\ ^ ' ??<?&. "BLACK FRIDAY" ? ON THE EXCHANGE New York >?oi(?et Vyitnewes the Greatest Panic Ie? Its History, -Cotton Declined $10.00 W j' y?w0>$i ! .?. (By Associated''p.roaa.) New York. Jul jr.? BIMTO? vaSt sud complex rjwchlne'r^yd^.^e securltlflf marketa of the world cotne'to a com. plete halt today.tor'/?n peiv tod. It waa au'occurrence unprece dented in history. . V. . fri With all Europe ae?miugly on the verge bf war, the continental cx chp.ngcB closed) Bevera? day a ago with the London market- following suit to day, the New York .stock exchange would have boah culled upon to bear the weight of the. vprlds financial bur dens. It virtually had done so all week, for white '.tim .'Loudon 'market was open, tranBacttone\y/ar? norning. The unloading or stock? .t??ro by penile stricken Europe./dur.Ijyj -the.,)ast four dayr ?nd th* erasequent "collapse cf pricey made history in Wall street.ff To coritin??? longer to bear the bar den, m the opinion -or tho : bankors,. whose influence determines the'course ' of events in the street, would havu been hazardous In the 'extreme. After a period of hesitation'' and extreme nervojis tension,' it1 wak decided top minutes before the hour, set for the be? gining 'of business* today that the. exV chaage would not bo openod. That action closed . the last great market of the world. All tho other American exchanges also closed. Immense Failures. As |t was, there were four assign ments, three of them announced on thp cotton exchange^ The firmo are Plower & Company, bankers; S. H. P. Pell Sc Company, stock, cotton and grain brokers; Homer," Howe & Com pany and P. J. Fred erickson & Com pany, both cotton brokers. , With the exception of Flower .A; Company, the assignments are. undor?tood J havo been caused by tho, recent extreme de cline In coton op?rions; Pair # Company were reported, to havo been the leading firm on tho long side ol the cotton market and to ' have been caught with, enormous commitments un their hands when tho break cams. Flower & Company, who are not mem-, bore of tho cotton'exchange, sie said to have been embarrassed by the break in stocks. No etstsnisnt cf as sets and liabilities Wore Issued by. any ot the flrm3 Involved, It was the impression tonight that the worst ot the storm had. passed. George W. Ely, secrete ry.of j the steck exchange, said there, waa no indica* lion of trouble from any other quar ter. New Yorks loading bankers, as sorted unanimously that the position of the banks were eound.. How tong the stock exchange will be closod is a matter of conjectu'n^tab, answer d** pending upon tho coarse of events/, abroad. ? *? . ?"*' "l Closed Iut?ofin??e?y, "If a general Eurcpean ; war should como,"' said one member ot the gov ernlt?g board, "tho exchange may ber closed all summer." - fi . Banking business was not greatly deranged and there, waa nb loee ot confidence as to thVdnUodk to thai ? direction, but declines in foreign ox1* change were vliiuaUy^e^douad.. . The events of tho morning gave pr*, sale Wall street ouft'dr'lw' tare hour? of pure drama. Last night lt waa als* sumed everywhere thatch* ";stjock eju change would be. open'today. When ~ word came that the London markp? bad been closed uneasiness grow un* til it waa realised tfea?Mt strs?t wa*, face to face with a rSaf ?risls. It w? obvious that, should; exchang* open, an avalanche Of Pelling order? would be thrown in1 xrom Europe. Brokera had on hakd?*uytog order? mr a large amount, fydm. tor?ete*? ',?**. slrauB of taktoC edn .'.tog? pf the ?a* ???S:?.'.M?,, thought, might hold ap the market for a.time. Afterthst. lt waa anjft one? flpess what .would tofW?te;?'. At *??O o'clockv.balt en bp^botop*/'.' the time t?*?peel^fc^^ - (Conunued mt. V**0 8.)