Historical Newspapers of South Carolina

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IUE ANDERSON INTELLIGENCER FOUNDED AUGUST 1, 1840. 126 Vorth Main Street ANDERHON, 8. C. W. W. 8M0AK, Editor nnd Hus. Mgr D. WATSON HELL.City Editor. PHELPS SAS8EEN, Advertising Mgr T. B. OODFKEY.Circulation Mgr. E. ADAMS, Telegraph Editor and Foreman. Member of Associated Pres? and Receiving Complete Daily Telegraphic Service. Entered according to Act of Con gress as Second Class Mail Matter at the PoBtoinco at Auderson, S. C SI/BSI IMPTION BATES Semi-Weekly Cne Year .11.60 8ir Monti-.s .7B Daily One Year .$6.00 Six Months . 2.60 Three Monti.a. 1-26 TELEPHONES Editorial hud llvistness Office.321 Job Print :n? .693-L Th? Intelligencer is delivered b>' carri?re In the city. If you foll to get your paper regularly pieuse notify us. Opposite your name on thc label of your paper-is printed date to which our paper ls paid. Al1 checks and drafts should be drawn to. Thc Anderson Intelligencer._ 000000000 0 0000 ooo ooo 1 ONLY I \ 35 e e More Shopping % Z Dey? 0 Before X'msx. ~ . e O . OOO?OOOOOOCOO?OOOOOO The Weather. South Carolina: Fair Thursday and Friday. Thought For the Day. Truth is the foundation of all hu man excellence and the keynote of all sincere affection. The sweetest word lu all the world ; lust now ia peace. Tiroes may be hard with you but do you know anybody anywhere with whom you'd exchange places ? New, Mr. Wilson has tune to think j of the many turkeys being presiden tially fattened. From tho way the Emperor ls han*< lng out cr osees there must be a heavy J output of iron in Germany this year. A good web-footed congressman in Tarheel Land never makes a lame duCk. It too roany cooks spoil the broth, what will so many heads do for Mexi co? The price of wives Too. haa risen For Adam paid Only a bone for his'n. Senator Smith is always the farm er's friend. Just suppose all those campaign cotton blossoms had matu: ed. It tho man who twists and pulls his mustache ls a mlstakishepsomanlac, what would he he if he'd grow a beard? Since King Cotton is losing his title, it looks as if the faithful Miss Cow Pea might be proclaimed a princesa. Colonel, or something. Wouldn't some men be Just too ! dainty and petita for anything if they add one ot these funny little face veils that other ladies wear. Singing may lichten duty; but we know some men earning big salaries who would he hu at In g a Job tomorrow If they'd warble today. Of '.he l.e'.o MiO.Ofte people on the j face of the earth and 1,000,000 000 of them at war, can we be thankful enough tor America and Woodrow Wilson? The same little boy who wished there were no nights in summer so he wouldn't have to wash' his feet, now ba Hen at combing his hair because i the weather ia too cold. "Babies need the harlot," declarea one of our SUte officers of the Suf frage League. Will somebody kindly lend or rent one ballot tn good re-> pair until we ctn snatch a few night's rest? Piesse enclose directions? - . . --o As the U. S. Kv A. is seeking new! markets tar her foreign trade, why doesn't somebody grind out some real lullabies- Pa (in 3paro) and Ma (In1 Madrid) surely have sung their's to a fr?sale by uaw.. ?HANTtil) A RENEWAL FRAN CHISE. One thing in connection with this franchise matter which has doubtless not been thought of by any of our readers, is that the granting of a fran chise a few montliB ago was not a new matter. According to our information, the Southern I'ublic Utilities Com pany- or its predecessor, the Ander son Water. Light and Power Company liad a franchise granted for 20 yenr* which franchise wouid have expired next ?September. We believe this fran chise was also granted by City Coun cil without being voted on by the peo ple. Therefore, according to the pres ent opitiion, this Mid contract is also invalid, yoi the present council is in favor of continuing payments under it. Now, The Intelligencer bas no luw yer to write its editorials, and the statement we ure going to make may not hold water when passed upon hy the Supreme Court, but it sterns a reasonable position to take, lt is this: The f.tilting of a fianchiBe to the Southern I'ublic Utilities Company, the legal successor of the Anderson Water. Light and Power Company, was simply granting an extension ol its previously granted franchise, a re newal, if you please. Now, of course there are some differences in its pro vision* becauso the city is so vastly diff?rant. When the old franchise was granted Anderson was a village, or -small town. It was lighted by a few kerosene . lamps scattered here ard there. The franchise was granted and Anderson began to grow, becoming known as "Tho Electric City." The abundance of current and advantages offered induced many manufacturing plants to come hero, and many thous ands wero added to her population. Therefore when the time for renewing this franchise came, twenty years lat er, there were different conditions surrounding the city- and some chang es had to be made. But, we venture the assertion that the rights of the city are -better guarded under the present franchise than they w?ro un der the old. But, our contention ia that council had a right to grant a "renewal" franchise, as lt did a few months ago, without holding an'election to validate lt Let us grant, for the sake of argu ment, that the franchise is In the na ture of a bond issue. When a refund of a bond Issue ls to be made, either by a city or a state, is it ever neces sary for it to be submitted to the peo ple to be voted on a second time? Do not the City Council or State officials conduct tho refund? So, did the old City Council behave so badly after all? i CONYENIENT REASONING. Among other results of the great war that ls shaking the nations of Europe, it is to be noted that one of the pst arguments ot Republican spellbinders has been ruthlessly des troyed. No doubt, however, it will be replaced by another equally specious but equally effective Republican pro position. Time was- as everyone knows, when the chief argument in favor of high tariff protection was based on the idea that its purpose was the foster ing ot "Infant Industries." In the new conditions of the Western World, lt waa not to be expected that industries would grow up with the country, but they mutt be protected by a tariff wall. The early advocates of protection fol lowed this line of reasoning. But the time came when the "Infant" Indust ries became such giants aa the Stand ard OH Company, the United States Steel Corporation, the United States Rubber Company, and others ot like sort, not forgetting, of course, the beef and packing house monopolies. The "infant" industry stuff began to show ita absurdity, fer the public would ucl be convinced when the plea ot protecting infant induf tries waa presented. The public knew that the Infants had become monsters- and were demanding tribute and receiv ing it at the hands of the Republican party in Congress. Then the Repub licans changed their logic They urg ed a high tariff lu order to protect ? American labor from the "pauper" la bor of Europe. Protection suddenly became tho concern of the laboring man, and tho manufacturer had no Interest In lt, to hear the Republican orators tell the story. Now the European war has come along and effectively stopped, for a long time to come, all "pauper" lab or from Europe from coming into thia country to compete with the American laborer. The "paupers" are going to the war instead ot to Amer ica, so that the American laboring man has no need for protection against the labor of the Old World. But what will be the next line of ar gument in favor of high tariff? Al ready it ls beginntag to be apparent that the Republicana will err aloud for aa Increased tariff "to open the milla and factories which the Democratic administration baa closed." They will argue that by laying a heavy enough tax, the govevnmsat can make buai nea* .grasper. The Idea that the .nov ernintnt ran make the people pros perous by taxing them ih of course contrary to common sense, but tbut does not disqualify the idea as a He publican argument. The standpatters know what they want-the highest tariff tax that they dare enact; and they are not particu lar what sort of arguments they ad vance to hoodwink the American peo ple into entrusting them again with the government. They change their reasoning at their conveni?n(>e, but whatever their plea, their one object IH the privilege o? the few to plunder the many through inequitable and in iquitous tariff taxation. WK THANK YOI. The Intelligencer desires to thank the Ladies of the Civic association for the kind mention made of this news paper's efforts to clean up the city from ItB cursed illegal sale of liquor. If there had been any doubt as to the correctness of the position this paper took In that tight, the resolution ad opted by these ladies, and the many kind expressions we have heard from them, would convince us that we bad done right. That city cannot go far wrong whose ladles take the position on public questions that Anderson's 'adieu take. Their lively Interest Is a great safeguard to the forces of right. We wish to assure these ladies that we are not yet through with the Ille gal sale of liquor in Anderson, nor shall we be till every place where it is kept and sold is closed up and every person so engaged is forced to give up his work, and make an honest living. If tho determined stand taken by these ladies and by the thoughtful men who compose the Baraca classes of our Sunday schools means any thing, Anderson will not be a healthy place for blind tigers in the future. TRY SUBSTITUTION "And now- before the new law has been fairly tried, Mr. Mann sturts a campaign for tariff revision again. Tills will mean, if his plan is carried out, that the business interests of the country are to be again unsettled by tho fear of tariff revision. Before busi ness people get accustomed to one tariff thero is prospect of another change. "It is discouraging and demoraliz ing, to say the least. There should be some way of preventing this con tinual unrest and uncertainty. The tariff should be taken out of politics, or we should have a tariff campaign only at stated intervals-Bay once every twenty years."-Editorial in the Daily Mall. Let us see what effect a little sub stitution vin have In thia editorial: "And qow, before the new franchise has been fairly tried, Mr.-starts a campait**-' for a franchise revision again. This will mean, if his plan is carried out- that the business inter ests ot the ctly are to te again un settled by the fear of franchise revis ion. Before business people get accus tomed to one franchise there is pros pect of another.change. "lt ls discouraging and demoraliz ing, to say the least. There should be some way of preventing this continual unrest and uncertainty. The franchise snould be'taken out of pol?tica, or we should have a franchise campaign only at sVUed intervals-say once every twenty years." "Too many cookB spoil the broth." Too many editorial writers get thlngB mixed at times. ON THE SQUARE The local norning paper saya lt holds no br!_* for the Southern Pub Uc utilities Company. We dont know anything about a "brief," neighbor, but the whole town believes that cor poration owns vou body and soul. Dally Mail. Now, neighbor, if we are to continue to get along we must stick to fact: The Intelligencer ia absolutely Inde pendent, and. so long as tbe present editor remains in charge, we shall take osltions along what we con celve to be right and proper, and ac cording to what we believe to be the side that needs championing, wheth er lt be for a clean city or to keep a wrong being dane any corporation? whether ita name be Southern Public Utilities Company, or what not. No man who is at all Informed "believes that corporation owna your body and soul.'* and no one knowe this better than -our afternoon contemporary. ______________ Europe evidently believes with one Benjamin Franklin that "disputes are apt to sour one's temper and disturb one's quiet " so rather than suffer her feelings to be ruffled abe wilt simply fight lt all out. o ? "Too much money spent on uo-call ed ailk hosiery," says a man who knows. For once we are Innocent. The pure stuff for us-three ?asir? io? a quarter; that Is when we have the quarter. -o The Columbia <j<i*e says: 'ihr whlpporwlll would seem to he an ap propriate em piero for tho Alllea" Guess so, bpt who would dara sug gest the sweet William as the trl natloaal flower.? ? ? -O'" "Last call for Turkey! Kirai come, first served." Sxlt England, followed closely by france aa6 Russia. Issues Circular 1 Operations of Banks Will Not, for the Present, Them by Cong- '.as-Gives L Commercial Papers, Whi lUy- AoOeiaU I I'M?.) WASHINGTON, Nov ll.-The scope of thc operations ot the twelve feder al reserve hanks, to he opened for business next Monday, was defined for tlie first few months of their existence in a circular issued today by the fed eral reserve board. For the present the banks will not exercise all func tions given them by Congress. The board concurring with the bank di rectors and government indorsed this plan. Acceptance of deposits of reserves from member banks. Discount of bills of exchange and commercial paper. Acceptance of atposits of checks drawn by member banks on any re serve bank or member bank in a re serve or ceutrat reserve- city within their federal reserve districts. Other powers may be called into piny as the establishment ut safe and efficient organization permits. In its circular the boarel gave the long expected d?finition of commer cial paper, which is to be the life blood of the new system, the basis for the new federal reserve currency, and the means through which the na tion's circulating medium ls expected io meet the expansions and contrac tions of trade and industry. Thc rate of discount was not an nounced and probably will not be un til Monday. It will be uniform in all banks. The definition of commercial paper is broad and relies to a large degree upon the language of the currency act. The board declined at the present time to discuss the question of double and Bingle name commercial paper. It did make it clear, however, that it had a preference for the two name sort, and left no room for banks to doubt that it expected careful inquiry into one name paper presented for re discount. The circular discussed the condi tions that have arisen here through tlie war and gave some insight into the economic changes which might be expected to result., "It should be borne in mind," it said that although our exports are show ing a gratifying increase, there is still a large cash balance due to Europ ean countries for which gold may be demanded- and that a large quantity of American securities held abroad may be returned to the United States while moro than $300,000.000 emer gency currency must be gradually re tired. No one can estimate the dura tion of the war or predict what its effect will be on'?cancial or com mercial conditions) when peace shall j be restored, lt, is probable? at the end of war Interest ratea,in Europe will be higher than in the . est and great er investment returns will be yield ed. The trem?ndouB destruction of property and waste of capital will not only check the flow of European sav ings to the United States but may dis pose foreign Investors to reutrn the securities they now. hold. Lower mon ey rates in this country would be like ly to accentuate this tendency, while higher interest . rates and large In vestment returns on our side would check it. I "Thc function ot the -federal re serve banks is, th&Vtfore, of a two fold purpose. They should extend cred it facilities, particularly where pres ent abnormal conditions bave created emergencies demanding prompt ac commodlties. and on tbe other hrvud, they must protect the gold holdings -of this country In order that such holdings may remain adequate to meet demands that may be made upon them. "While the most acute atatge of the recent financial emergency appears to have passed, the conditions in other countries "make it necessary that the United States should organize and make available Ita own resources. In order that it may provide for its own needs and replace the facilities sud denly destroyed by Ole closing of so mauy of the accustomed channels of credit and trade." In detuning commercial naper the board announced these baale princi ples: ' That, no bill shall be permitted to re-discount by a reserve bank the pro ceeds of which tuvo been or are to be applied to a permanent Investment. Maturities of discounted bills should be well dlstrtouted so that e reserve hank should be in a position to liqui date one-third of all . Ita investments within thirty days. Bills presented for re-discount should be "essentially self-liquidat ing," whlcb, the board explained, means that they should represent some distinct step in the productive or distributive procesa and be ot such character that it it reasonably aura they can be collected at maturity. In addition, tbe board requires that such paper be iudorsed by the member tink offering lt fot rediscount; that the lndorser bank waive demand no tice and protest; that auch paper be Issued or drawn for agricultural, In dustrial or commercial purposes or the proceeds of which have been yo used; that if in the form et accept ances, they must be based on tran sactions involving Ute importation or exportation of gooda, ant nave a ma? turity ot not longer, than .bree months. Acceptances must bo indorsed by a member bank sod the total amount offered by any member bank shall not exceed one-half cf Ita said ap capi ADD I8SUE CIRCULAR tal and surplus. The aggregate of paper bearing the indorsement of any ene person, corporation or firm, re discounted for any one bank* shall not at any time exceed 10 per cent of the unimpaired capital and surplus, this is not to apply to bile of exchange drawn against aclaslly existing vel ues. Paper drawn for trade in stocka and securities wilt;net be acceptable, nor will such paper drawn for "mere ly, tu vestments.- aUd Ute board ln Iterprets thia phraseology cf lae law Defining : Reserve Banks Exercise All Functions Given nng Expected Definition of ich Is Lifeblood of System. to exclude paper the proceeds of which may be used In investments in land, plant machinery, permanent Im provements, or transactions of simi lar nature. The purchase of commodi ties for merely speculative purposes would constitute a "mere" investment in the eyes of the board, and be ex cluded. The board also announced that for the present it had fixed 25 per cent of a hank's capital as the limit up to which it may re-discount paper "for agricultural purposes or based on live stock" having net mor? than six months maturity. This limit may be increased in agrucultural districts In time of need. The board announces it boped to establish a central credit bureau in which the financial records of big deals will be kept Until January 15 next a written statement of an officer of a bank ap plying for the re-dlscount of any bill that is to be used for the purposes de signed will be sufficient. After that date, however, no paper will be re discounted unless it bears on ita face evidence that it ls eligible under the boara s regulations and that the seller as given a statement to the member bank. This statement is to be signed under oath and must show the char acter of business' the balance sheet, thr profit and loss account; perman ent and fixed investments, slow and quick assets, capital, long term and short term loans. It will sb,ow also the maximum aggregate up to which the borrower expects to sell short pr per. The signature of a member bank on such paper will be considered bind ing and a guarantee that the borrow er's statement omplies with the law. oooooooooooo e . o OUR DAILY POEM o o o ooooooooooooo The Drunkard's Reform. (By Stewart Everett Px?we.) With hi? foot upon- the threshold Of a barroom bright and grand, Quick one eve a man was halted By the touch of some one's hand, And within that bid man's pocket Waa the price of just one drink. So these words to him beseeching Could not help but make him think "Take me tp the pictures, mister, 'Cause I want to see the show; Ma and Pa, they said I might, slr, ~.t I'd find some one to go. Oh, I'd like to see the picture? And the lessons that they erivo. But, you see, I can't affoid to Takes all we can get to live." Head downcast, the old man listened To the prattle of the child, Then at last he slowly answered, In a kindly voice and mild: "Yes, I'll take you to the pictures, 'Tho 'twill take my last red cent, And we'll see the show together Come along," and so they went. Then they sat and saw the pictures Show life's calm and then its storm, While from out the old man's con science '* Sprang the spirit of reform. For the pict? .-s told how liquor Often leads to failure's den, And the old man vowed in honor That he'd never drink again. When at last the show was ended. When its songs and lights had fled. And the two were Just at parting, Thia is what the old man said: "Boy, you a?cyp?u me on tbs thrss hold. And 111 take Ute hint and go Far away fron, all temptation Tn the homeland's golden glow.' Pays Tribute To . Wilson's Policies (By Associated Press.) JIATTIESBURO, Miss., Nov. ll. Champ Clark, who is on a speaking tour In Mississippi, paid high tribute to President Wilson's foreign policy here today. * "Chroniclers of the future," he said. "In fixing President Wilson's place in history will overlook tariff - reform and other accomplishments and give him a niche in the half of fame for his love ot peace. His Mexican policy will be his chief glory In the future." Constructing Various Kinds of Barriers PARIS. Nov. ll-IS:Ol n. m.- A Haves dispatch from Petrograd saya: "The Mesainger Armee prints a re port tbat the Germans are construct ing various kinds of barriers ro im pede the Russian advance, especially In the region of Cxenstoehowa, Rna? alan Poland, and ar? working night and dav on ?he fortifletfons at Thorne. "Martial law baa been declared at Cracow and the civil population kas evacuated." PopeUtlcn Hast Let? Yerda?. LONDON, Nov. ll,-(10 p. n;V "Accordlng to German re?cr*? tic greater part of the population has left Verdun," says a Centr?t News dispatch from Amsterdam. "The French, lt is stated, have mounted moat ot the great cans of tks fortran* on carriages to compensate fer the field army's lack of artillery." American Bhoes are now go ing around the world because they are the best all round shoes. The leading manufacturers are represented here. For whatever occasion here is the exact shoe. Our winter wear shoes give your feet the impression this is a "drvtown." Snow $3.50; Howard & Fos ters $4, $4.50. $5; Hanans $6 and $6.50. Order by parcel post. We prepay all charges. mT[fn Slen)_wUh o Contstoic* Reopens Fire On Carranza Garrison (By Associated Press.) NACO, Aria., Nov. ll.-With sev enty-five millimeter pieces placed at a range of 3,000 yards. Governor May torena reopened artlll ?ry fire on the Carranza garrison at Naco, Sonora, shortly before noon today. The garr? son replied, but their shells fell short. At the .ame time Yaqui Indians were seen moving into positions around the town for' an attack which agents of Maytorena declared would be made tonight. Maytorena promised Colonel Hat field, commanding the American bor der patrol, that he would give two hours' notice of attack, but Hatfield, not depending upon that, sent his men into position on the border Une. Little Danger of Human Infection (By Associated ?*r?ss.) WASHINGTON, Nov. ll.-To allay anxiety over the effect on human health of the widespread epidemic of livestock foot and-mouth disease, the department of agriculture tonight is sued a statement informing the pub lic there was little danger of human infection and that Where humana con tracted the disease rarely were ser? ios?. Suiting of milk was recommend? I od to Insure against Infection. "In this country,", the statement | sald> "the. disease has been so rare i that there are few. recorded cases of i Ita transmission to human beings."_ OIL Barter ld ^Heater, There is nothing more venient for thr^e cool RUM Ycu should have one. Anderson, S. C. Belton British Destroyers Capture Turkish Ships PARIS. Nov. 12.-12:30 a. m.- A dispatch from Havas' Athens agency says: "It is announced that'a British de stroyer, has captured two Turkish sail ing ships near Island of Tenedos. "The town of Berat, Albania, has been pillaged and destroyed. Anarchy relgna at Avlona. Albania- and that region ls a prey to civil war. Par tisans of Hemal Bey, numbering 1,500 forced-the governor to haul down the Turkish flag and hoist the Albanian colors. Essad Pasha sent 500 soldiers to Avlona and they dlsa med the In habitants and restored the Turkish flag." British Gunboat Victim of German Submarine LONDON, ?*>v. 12 -12:55 s. m.. The little British. torpedo boat Niger-, built J- years ago and which has been used as a tender, is the latest victim of a German submarine. She wag tor pedoed yesterday morning in the Downs noith of the Straits of Dover and foundered immediately. The of- , fleers and crew were saved. The ad miralty, announcing the loss of the ship, says: . "The Niger, Lieutenant Commander Arthur T. Muir, was torpedoed this morning (November ll) in the Downs. . All officers and 77 of the crew were saved. "Four men were injured. It is thought that there waa no loss of life. "The Niger has been employed In ? semi-combatant duties." taters pye th? mort heat from ast oil-No smoke-No r-By a patente^ device lek ts locked and remains Comfortable and con ming?. eui co. Greenville, S. C. , Si C.