The Laurens advertiser. (Laurens, S.C.) 1885-1973, December 17, 1913, PART 1. PAGES 1 TO 8, Page PAGE SIX, Image 6
APP[ALS To S. C. FARMERS
ON COTTON WAR[HOU8[ BILL
Columbia, S. C.-"I appeal to the financial successes are those wlc
farmers to create public sentileit for have adoptet the plan of coiine
this bill, which is in their interest .ialisni of today-which is co-opera
and in the interest of all." says Don tion by consollation, trust building
1McQueen, member of the general as- price-fixitg by force of consolidation
semibly from Marlboro county, in a or control of the products. Now let
letter to the public, in which he dis- us illustrate this to the farmers, and
cusses his warehouse bill pending in I beg then -to read and think.
legislature and his program for im- "Look at the recent nitrate of soda
provement of conditions on South trust. Look at he recent bagging and
Carolina farm. ties trust. these have robbed th
The following card lias been issuedI farme's out of millions of lollars. I
to the public: I could cite dozens of others, but these
"No great plan of reform can he are t'N'Sh and will servc to illustrate,
brought about without agitating and I Will ;ask a question: flow loes the
- o-operation. No statesman is large farlne t set his cotton crop? Answer:
enouglh to lput( any great re tortn into I twelve months supply in three or
orce without. the help of others. I four months, ie has nothing to do
ask the farmers and business m iWeni i ixilg tle pric--Just takes what
broughout the state to help pit he ca u get for it. Now I Will ash an
I rough the great reform mltovenient !it ques ti Ho did the bagging
:ll to protect the price of our great a ie trust anIl the itrate of soda
taple crop, cotton and tilus promote trust sell thir products? 1ill they
he agricultural interests of this state. hultIem at tle old farmers as fast
1 refer to the cotton warehioluse bill.i tily could sill, and ask them wla~t
"i)o the farmers nedI the la of they WOuld give? id they take jst
'his bill to heli protect their hatir- ally piie they could get?n ter-ey store
''sts? I will use one or lWo praeti- ttei products in great warehuses
(al illustrltions' Lto show Itheir and fixed tle pice oil them that would
Ied oh' cotton warehouses withi ata 1lt' thea 1-i01l, a1tt then they jist
state validation of the warehlouse waited on tl( farmer until ho was
certitlcates as anI asset to borrow oliged to have tim poducts.
'heap money on and correct our i,1l'll'ls if you Will read tais a lid
untitsinesslike metod of selling our 1 tink, it shows your 'tistate, and
crop---a miethod which is the cause stows you phinly the temedy. 'l'hc
of all our trouble. cottol Warehouse ll furiishes
Millionaires N tt. Farmers. means to 'o'rect ou' istake ant get
"About thirty years ago there was .t fair p'ice fot cotton. I ask you
only one millionaire in the l'nited to get hind your 'elr'sentati es in
'tates. I believe his name was A. T.ie tegislatite ant tell thei t hl
;tewart. This great curiosity was pull ttis g leat bill through. it mat
,ublished in all our newspapers of ttr' not if thete is sone slight tefeot
hat day, wit comnmnents like til.. int lill in your judgiett. 'he
low far woulId his 'm1oney reach 1gteat pii'le is iight, and after
silver dollars laid side by side, antI (w Il it i11( operation We call thet
ow long wou1ldl it take atn inldivitl itllige'tly take out any de'ects till
S('0ot thtt 'T'oday we have thou fis- nnia sy aotoe have.
1ds ~ ~ ~ ~ ~ ~ hv afmlilarsadmut-ol 1.11dpited th ttl plan f homer
iiais, atl tver tlt' tited States. I att'atntb conliation ,tttrst. ile don
\ot of thet'se, praiclly siai rg.i g'ess-nall bf'o c t oifs cistitt, .1. ion
ile from tiih' r'aliks of tilt' k rs.1 lti!Sd otlis ofte rtha anly effowt to
'ii' tile w(':llttl of Amler'ica. nione of' .1aiti' a basis for tilt issitt of mlhl(y'
~~~~~~~~~~ibgthem .aeeetid lysuhsc l a ofread an Wthink.prsi
'"esses finaticially. 'l'hiis shtows that tl'lt ilt. tnhis pihani Whlo agreetd that
ir methods are inlfer'ior a1 that.:I t'" ilea was tigh t it' wrked 0111
hey have nevr rctriuvd L hat. ehey in tbage finre.
. justly t'ti t ted to. "Coltot (ru ae ' tse e rtiieats thc
Farmiers Compete iti 'Tts. ;iares to iecomilie the basis fol cri.i
"''ihe only ien Who htavte tade great rey ist and ill s 1t plust-at 1
am the first man in South Carolina
who ever made 'a speech illustrating
this plan. I haie the speech before
-me now. It was 'published in all the
daily papers of the State and in many
county papers. It was made in Co
lumbia during .the corn show confer
ence in December, 1911. I quote an
extract as follows: .
"'We would make overtures to our
representatives in congress and- have
them fix -as a basis for the assurance
of money on cotton warchouse cer
tificates with state violation. What
higher class security could be offered
than 'the commodity, worth the money,
convertable at uny and all tines, and
the delivery guaranteed L - a soverign
state? If we could succeed in this
plari it would be a great boon to the
Southern states, giving us a flexible
money, available when needed to move
the great money Cro cotton, und as
the cotton would be taken from our
warehouses and sold, this currency
would be naturally retired. If we
had currency hyued on that basis
there would never be anly more money
panics, brought about by the million
aires in the Northern states comhylg
together and agreeing to lock up their
money in vaults and retire it for a
time from cIrculation. Thus they pro
duce tight money markets and cause
cotton and grain, farm products and
stocks and bonds, to go below the cost
of production. 'T'hen these manipula
tors go into the market and buy up
scurities and famim products at their
own prices, thus turning their money
back into the channels of trade and
relieving the panic. Wihen the reac
tion com. 's, the things that they hav.
bought cheap rise in price, an:l they
1lil their coffers with money at add
to their millions. Thus the tilo
teotecl farmers are robbed c f mil
lions of bard-earned dollari.''
Local Money.
"W'hen cotton warehouse ce(rtillcate
a1s a basis for the issue of o1n0ey%,
when the great crop, cotton, would h
ready to move we would hav tie
means in our' hands to move it with.
No tight money conditions colt 0\r
again be brought. about to roh the
f;armers out of the labor of t1hei
hands.
"I am) not inlflelced by pelitical
considerations. 1 amll not a cLndidate
for ollice. lint I all a eanniida: ! for
all measures to benelit 'my stite --the
warehouse bill, my good road1 bill.
ald an honest primary law in South
('arolina. I want to say here that
.in origin of the cotton waroho'ase
bill belongs to Senator MoLaurin, and
he is making an honest fight to get
this great -protective measure for our
agricultural section. I introduced the
bill that -passed the 1912 session of
the legislature, which was by a deci
sion of the supreme court thrown out
on a techincality. I have reintroduced
the bill as finally shaped by the Farm
ers' Union, and this is the bill now
pending, which I call upon the farm
ers to urge their representatives to
support. Senator McLaurin has in
troduced it in the sente. I have
fought for this bill until I have been
nicknamed .by my .fellow-members
'Warehouse (Don McQueen.' I am go
ing to stay by it like Grant around
Richmond -and like the Duke of Marl
boro in his campaigns, who it is said
never lost a battle. I am behind the
cotton warehouse bill, thte good, roads
bill, and tho fight for a pure and lion
est primary system in 'this state.
"I appeal to the farmers to create
public sentiment for this bill, which
is in their interest and in the interest
of all. Corporations and trusts may
create sentiment against it and delay
its passage. Let its pull together and
$100 heward, $100
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LAURENS DRUG CO.
Laurens. 8. C.
Fountnin Pens that don't leak at
Felton's [look Store.
S WEAT CHRISTMAS DREAMS*
I *.
There Is No Use In Fretting or Bothering
About the Christmas Cake
Telephone an order to us for Fruit Cake, Pound
Cake, Small Cakes or Sweet Bread of any descrip
tion and we will fulfill your wants. We bake in
large quanties and save expense of labor and fuel.
Our Cakes have a Reputation for lightness and
deliciousness that we are proud of. ,Fruit Cakes
a Specialty.
Let us do the worrying. You telephone
Laurens Steam Bakery
CHALMERS ARMSTRONG, Mgr.
Telephone 362 Place your order now.
FIGURES SPEAK FOR PROGESS
With the close of another year's business almost at hand, it is with great pleasure that we extend the season's
greetings to our customers and friends and congratulate them upon the prosperity which they are enjoying and
thank them for the patronage and co-operation which has made possible a very successful year for us. The
'statement below indicates the liberal patronage which we have enjoyed from our friends this year, causing us to
enjoy a very profitable season and we gather from the showing of deposits that our friends too are enjoying great
prosperity. With the increase in deposits of our county and town friends, this bank is being placed on a more
- solid foundation as each season passes and we trust that the mutual advantages growing out of our associations
in the past will prove good ground for a continuation of the same in the future. As an indication of the growth
of this bank and the firm foundation on which it stands, we submit herewith a statement of condition drawn
. Ifrom the books at the close of business December 12th. It will be noted that our Assets are now nearing the
" $400,000 mark.
ASSETSCaiaStc LIA BII ITIES
Loans and Discounts - - - - $258,658.04 Capital Stock $100,000.00
Banking House, Real Estate and Firtures 27,691.41 Surplus and Undivided Profits - - 37,859.76
Deposits - - - - - - 26881
Due by Banks - - - - - 71305.19
. .Cashier's Checks Outstanding - -940
Cash on hand - - - - - 28,170.79 Dividends Unpaid - - - - - 153.50
$385,815.43 $385,815.43
Deposits Dec. 12, 1912, $141,951.63---Deposits Dec. 12, 1913, $246,887.76.
An Increase of $104,936.13, or a Gain of 73 per cent. in one year
Frame your resolutions for another year and let the first one be "I Will Start that Bank Account To-day" and then having
finished that, turn over another leaf and write "I Will Deal With The Enterprise Bank."
MAKE OUR BANK YOUR BANK
ENTERPRISE BANK
N. B. DIAL, President. LAURENS, S. C. C. H. ROPER, Cashier.
_x -AM, M, " "no 4