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LUMB XxxIv- LAURENS, SOUTH CAROLINA, WEDNESDAY, APRIL 16 99. COVENANT Of [[AGUE IN COMPL[T[D FORM Official Summary Issued, Saturday MONROE DOCTRINE IS SAFEGUARDED League will Include all ellgerent and Neutrail States Namiedl in a ocu. mnent Annexed to the Covenant and the l'Wty is Left Open for Addlitloail l(nlpei III the Future. Washington, April 13.-Terims of the Victory liberty load were announced today by Secretary Glass. They are: Amount $4,500,000,000, over sub scriitions to be rejected. Interest, 4 3-4 per cent for partial ly tax exempt notes, convertible into 3 :1-4 ,per cent notes wholly tax exempt. Maturity, four years, with the Trea sunry reserving the privilege of re (eeming the notes in three years. The 33-4 per cent notes, to be is sued later, also 'may be converted subsequently back into 4 3-4 per cent notes. The 4 3--4 per cent, securities are to be exempt from State and local tax ation, excepting estate an(] inheritance taxes, and from normal rates of Fed eral Income taxes. The 3 3-4 per cent securities are exempt from all Federal, State and local taxes except estate and inheritance taxes. The size of the loan .was much ,smaller than Itad been. ,articilpated by most financial observern, who look ed for an issue of aibout $6,000,000, 000, particularly in view of Secretary Glass' past statements that the loan would be five or six billions. This will be the last liberty loan, Secretary Olass explained, although there will be other issues of govern-' ment securities to finance belated war expenses. These will not be floated by popular campaigns. None of the past issues of liberty honds are convertible Into victory loan notes, and there are no specife pro visions in the terms of the Victory is sue se rving dilrectly to ma main mar k et lrices of pmst issues. in wanly o lln it i s 11le selling (amin;flign al ready has begin actIvely, without formal acceptance of sub scriptions, sai reports today to the 'i'reasary, although the official 0)en1 Ing date is April 21, one week from Iomorrow. ''hie drive will oentinuje three weeks until May 10. "In fixing the terms of the issue," said cretlary Glass' annoin'enient of the Victory loan, "the Treasury has been guided largely by tlie desire to dovie a security which will not only prove attractive to theit people o the country in the first instance but the ternis of which should insure a good mar]kt for the notes after the cam ia ign isover andl Identical pr1ices for he existing honds of thle lIbetty loan. "T'his will Ib' thle last liherty loani. Al though as the~ remintliing war hills are iresenited further hor'rowing must hI d'(one, I antilpate t hit thle reqire mttsi' of' the gover'tnmnt in) excesas of' I he aonount of taxes and othler' ineomne ('an, in vie w of the deecreasinug scale of ('xlwie(turet', he~ readily flunanced hy t he Issue of Tlrea sury1 cortfi'als(' fromt I itn to time, as5 het'lofor'e, wlhi may he lhtiniattely r."fttnded by the issite of note or (I bionds with lout thle aid( of an - ot her great poputli' ain amaign such'l as has4 4lhiaact(erizedl the il)bety loans. I am~ surt" lhat the pecople of Amn ('rica will stubseribte to thIiIs VIE'tor'y loanl ini thle Samt spO511irit of patrmiot im wh iceh they3 have shtown in thle pa st to lie 41nd Ithat the notes may be as wide 1ly di Itriited a p( (5ossi blo, andl~ that our1 banking lnshttutIions may be loft fre i'(to supply' the crted It ne'cessaruy for the 0purpos40e of Industry andl ('ommterc( atnd lhe full emi)ploymaent of labor. Let the world see that the patriotlsnh of Amterica, ou t of thbet' boundless te SOur ces, and)4 with tiIhe same enl tslasmn and1( devo(tlon to coutry tl wi th wh'lteh t hey ptro'e''ntedl the war' to ai v'(ictiu Iconclusion eemie olbs Te(rms~ of' tho loan wvere explained as follos: ''The Vlet oty li bety oa n. whimleh will lbe offleed torI popular' subscrlip 11ion (on Aprtil 21. will lake lihe formtt oef foo' 'itd thrte"' uterntt' JIer enit lbhree- four y'3earI ('ontt IblIe gold n)oles of the linIted States. exemplt from State andl local texes, except estato CITY BOtItOWS MIONEY. $15,000 Borrowed from New Yorie House to Pay Off Local Note. Ordiii. ance Against Walking on Couri At the meeting of city council held Monday night, a resolution wats passed to borrow $15,000 from 1,yer & Com 1iny, a New York firm of note brok e's, at a rate of six per cent. MNayor Babb stated yesterday that. the new note was made to retire a simnilal note at the Enterprise National lank at the same rate of interest. Pedestrians walking across the court house "laown" will hereafter have to be careful. The council passed an ordinance assessing a fine of $5.00 against all trespassers ulpon the grass plots now being set out. by Supervisor Watts. Also a similar fine was fixed for automobillsts who park their ears at the entrance to the walks lead ing -between the grass lots. Mr .Guy L. Watson was elected to a permianent position as policeman, he having been serving the past several weeks in the place of Policeman l'itts, resigned. A SOCIAL EVENIN(i. Einjoyable (athering at. the Presby. terin ('hurch Last Night. Refresh milents ind 31usical Prograi. The Christian Endeavor society of IIe Presbyterian church was host to the young and old people Of the church tt a social gathering inl the church yes terday evening. The gathering had been originally planned foe Friday night, but being PresbyterIans, tile rain forced a po.tponement. The flrs! part of tile evening Was given over to a1 reading and musical program in the main auditorium of the church. Read ings were given 'by Mlisses Lucile Smith, Sarah 'liza 6wygert and Gladys Roper, and Mrs. J. 11. Teague rendered a pianologue. Mrs. C. T. Squires and Mrs. H1. K. Aiken gave an instrumental duet and Mrs. Aiken sang a solo, all of which were greatly en joyed. After this part of the program was completed, the party r0jiaired 'to tie basement where amusing contests took place and .bountiful refreshments were served, all contributing to a very enJoyable evening. LOUIE SOLOMON WINS HELMI''T, 3ember of the Sixth Grade Submiits Rest Slogan for Victory Loan Drive. Louie Solomon, member of tihe 6t h grade in the Laurens gra(le(i school was awarded the German lieliiet of fered to tile pitpil in lLaurens coulty subm1ittinlg the best slogan to be lsed in the forthcoming Victory Liberty Loall drivo The lelilet is one of about 80,00" said to have been en p tured in a store house behind the Ger man lines which the Germans ,were ex pecting to use Ii their triumphtal ma rcl th01rough Paris. The slogan submitted by Loiih Sol mnion was as follows: "MNlake tile 1un groan Witi the Victory Loan1." The l initedi States (ivii Service Com mlissionl thas annloinneed ani examilntion held aI.t i.urteins (in May h0th, to till thle losition of rural carriier ait Ow ings5, ando v'acancics that may13 lailer Oc Iu in OiuralII routes': froml olher post oiliecs I' he abhove-lmentIione it (oilnty. The Ma;in ion111 will be open3 only3 to i'-de citizens who are actually domii elledII in he territory oif a po(st oJee ini t above namleid (Onunty. App)1lientilon lank13 s niay13 bei obta ied from the of lice at ilanurens 0r from Ihe. Uniited States Civii S-ervice (Commlission, lat WVash ingt on. Appliteantions shou13ld lie for'warded to thle comm311ission at Wa~ush in g onl at the oarhliest pratcticablle date. ('hautauqlun D~ates ('hanged. Tihe chlautauqlua dlates' have bietn (lhan~ged fr'om Ma1iy 10 to I17th inclusive to May3 1 3th to 2011h inctlusive, accord-. Sig to Inst ruct ions receivedl from heiadqularter's ini ('hicago. Th'le lellter mal leideraI Income axes. Th'ie notes u IIllie conv11ertibile, at tihe option11 of hlleri thrioughlout thilr life into three andi li 1 thre 11uarters per cenIt thr ee- four I yeari iiiV convIrible gold niIotes of thle Un'iitedi Staltes. ixemiit from all lFeder ail, State and~i local taxes, excepit ('stat anud inherItance taxi's. In1 like mani ner the thirei anid three (uarters per 'enit notes wvIll b 1)0Mnvertibile into four and thr( 1iee qunoriers oer ('oot notrs ELECTS NEW OFFICIAILS Endorses Highway from Yarborough's 1111 to Liurens. Large Delegation from that Vicinity Present, Officers and directors of the chain ber of' commerce were elected at the inlecting held Monday night, after which the meeting was adjourned to tile court house to receive a petition from citizens living along the Yar borough's 'Mill road asking that tile chamber of commerce endorse that road as one to be topsoiled by the county highway commission, )r. W. 11. DMal was elected presi dent, W. R. MIcCuen was re-elected secretary and the following -were elect ed directors: W. L. Gray, R. R. Nickels, M. 1L. Smith, W. C. Lancaster, L. G. Italle and T. C. *9witzer. Rev. S. 1i. 'empleman was re-elected chaplain. Iefore the close of the meeting a reso lutiIon was adopted thanking. Mr. W. L. Gray, the retiring president, for his untiring zeal In the promotion of the city's welfare Whille serving as president. 'lie delegation representing the Ya' borough's mill road project, was com posed of citizens along the road in this county as well as several ropre sentatlves froI linion and Spartan burg counties. Mr. \V. ). Blyrd acted as spokesman for the delegalion, stat - ing that tle citizens all along the road proffered free rights of way. Mr. Byrd said that representatives of Spar Ianburg and Union counties had as sutred them that surfaced roads would be built from Spartanburg and Union to the Laurens county line If Laaurens would build the Yarborough road. This, lie pointed out, would give Lati rens a connection with these other two county seats. Mr. Byrd asked that the chamber of commerce give Its en dorsenent to this project. Others speaking out of the delegation were iMr. John Yarborough and Mr. .J. V4. Minter, of Sedalia. Dr. 1H. K. Aiken, 1Mr. W. L. Gray, Senator N. fl. 'Dial, 'Mr. W. U. McCuen and Mr. T. C. Swit zer spoke sympathetically of the pro ject. Mr. Alison Lee and Capt. W. R. Richey sounded a note of warning against the chamber's expressing a preference for any road, .whereupon it was generally, conceded that the cham her would endorse any worthy project of road improvement. The following resolution was adopt ed: Wliereas, we are informied that the Supervisor and liighiway Cotmissiion of Sipartanhurg county have protised tle citizens f01 Cross Ane tlo' own shiIp, Spartanburg county, that they would survey and build a surface hitgh way froim the town of Cross Antbor to Yarborough's Mill on FEnoree river. if the road authorities of Laurens county would agree to take up a like promotion and survey and build a sur face road from Yarborouglh's lill ott Ilnoree rive. to Lauriens couit htolse, S C.: and Wliereas the land owviers and cIti zens on the litne of road fr'omt Ya hotrought's tmili have prepiaredl (irnl -lated andl signed a ptetit ion to I le Suiiper'visor' of Tittrens 'outy3 intl the St at hcightway i'Oinunissioni ask ing th applrval oif tihe lrayerto tthe petition o( bliii sitilth i sur'aie road. said et i Sion bering signted by'~ every landu o)wn cir alontg si linei frotm Yarbiiouhs miihllI i Laurens (11 outhottse, agreeina tlt *4gi a rightt of way, anmd many of thI 111optt soil as well; andtl Whter'as, Ithe amounit of Itrade adlia ('('nt to said toad broiughtt t) Laurniits cout htouse is ha rge; 'Te re fore, he It resol veil That. the Chtamber of Contnnerv' of' Itle cilIy of Lautrens dlo uirge our ('oni ty Supi~ervisor' atnd the lhighway ('iom issioni (If the state to aptprove Ithe p rayer of thle ptetitiIon hterel inIore set for th, vIz.: to sitrvey' an til uttildl a sitri face htigh way from Ya rhotough's 'l Ill otn Ittotee riverI to Laur ents ('ourti House,' S. C., Ithuts g ivinig Ithe c'ity of I aurtents a firs I class hiigh way from Idllurenis ('out Ilouse. S. ('.. via Cross Aneborr tot Spatrtanhuriig and I 'nittn ('ourit Ii outses. T'I' ll em 'iti( Orutfor'iI(l Cont e'. Southt a'rolinia Oratoial cotes'~t lto Ie hltdd in itGreeniiwood litlay. \luiich local intertest is beinig taken in thle ('(tlest is year( h1'teransi a Laurenlis boy, ('harl'e's Thoimpsoni. will lbe amtonig Itle 'OntIestant hs. Mir. IlTompison is stiudeit at the I'niver'sity (of South CarolIn a and 'wIll reptesent Ithat in stittfonn CAIPA IGUrN IS EXTENI)E1) 'T'hose who ha14 not ye. onr are Asked to Send Iii Their Contri. biions This Week. Mr. William Solomon, clairman of the Jewish Relief for this county, states that the (allpaigil has beenl ex tendedi to the last part of tihis week asd that he hopes that t.he people of the county will make ip the deflciency now existing -between the total sub scribed and the amount asked of this vollilty. LIaurens couity was asked to suibscribe $3,000 for this fund and about. $2,000 has been subscribed. Of this sum nearly $1,500 has been sub scribed In the city of 1Iauirenls. Many committees throuighout the county have not yet imade a report and I Mr. Solomon asks that these committees make their canvas this 'week and re port to him or Mr. I,. G. Tlalle at the earliest (late possible. In an appeal to the committeemen andi others interested in the Jewish telief catise Mr. Solomon says: To the committees an(d the people in terested in the work for the .Jewish Relief: I will ask tle committees to coi plete tle canvas and make the returns promptly to L. G. Balle ori myself, and all1 those who have iot yet conltribiue Il lo this worthy cause to please oitri hite to thle nearest committee or direc to Mr. 1'. G. Balle of myself, as lielp is ui rgently needed. There are over six million people, of whoml over three million are starving and (an only ii 'am! through y?0 ! beral contributions. We asked only I he small sum of Three Thousand Dollars from Iaurens county and expected that Iaurens County would contribute as liberally as in all other causes, about twice as much as asked for, but from reports I have we are not up to the amount. asked for and only the people's liberal offering will bring us over the top. So I will again ask you to give as liberally as you can to wards it. Assuring you that every cent you give goes to feed some starving soul. W. SOIONION, Chairmai of I airens County for ithe .Jewish Relief. C'HECuK R11lu'EIVED111 FOR 1HOGS. Molney 11ill be Distributed A mongw Shippers imm tued iately by Enterprise National Hank. A cheek for $2,675.77 was received yesterday by tIe Kliterprise National riank for the shipment of hogs made to Kingan & Company by lie (4couly demonstrat ion agent last week. This was the nt,i ailloilit. received for tle hogs after all expenses had been d e ducted. Cleeks for each intdividual shipper .will le mailed olit just as soon as the money can he prorated among Ihose who made ithe shipmiiielt. 'i'le hogs reaclhed R i(im)on(d in gooI order with II the exeeplion of one small oine. which had one leg brokeni. An allow ier of $ ittwas nuile' for it. F letiteld Presildent of ('. N. & L. A-\t a m'etl ing of thle directois of the4 ('''hia.~i .'wh-irr' & hauirenus rail l,iviiingston. \lr. layles. whto wvas form mentii of thei railroad, las beenl aeting ing stonii. .\lir. I. .\. Smithi, a promlinenlt farmner' anrd bu11siiness inianI of l(in ards, a fre ciuent visitor to lIlrns whler' lie had many friends. dlied smidenly' at his home near th le county Ilinc Sunday morning at I ('clc(k. The buriial took Ilalce at. hiush Rtiver churcb \Monday, the services bleing t'onduicted by his lastor', llev. it. Ii. htuiis. 31ri. Ii. II. Hiechoff, iuroprpictor1 of Henlchioff's 3& 10 ('entIs St ore, has op ened~ a similar store4 ini Woodriuff and Is look inri forwar ti Io a fine' biusiniess I hiere. Ii- will hav assoc'1)iated wvithl whlo is hi br'othiir-ini-aw a iii revenil ly a membr cif Co.' A iniI th 1 lih In fantry'. \l.l'res \\'t ior'elandi, whol is herj of thet Ilutler' Chad whlich &n ('ampe ~d hiere in thec pin ag of 19 I7, Is sipendinug severual1 days in the 4 cIty as the uest of .\r. and \lirs. 16. I!. WVilkes: ury ('III it issioniers I1rnai .111rors to Serie Seonuid e11eck of Court. The jiiry conillissioners m1144 in Ihe olliii of tle (-lerk of court Alomlay alld drew the iulrors for the secoild wvk of tle court of common -plca-. The first termt1t of tie court. will con veie oil the fout1 .\on day inl tlis n11)11inh and secold terni oil the fIr st Moilday ill May. Jiidge Geo. l0. Prince of Anderson, will preside over both teris. The jurors diawn are as follows: I~aues-W 1>. Clardy, S. M. Blrown lee. C. A. Dlramili t, J. S. Machen. WaterIloo l--(iy P". Moore, Geo. A. .\l llieioi. l.. 11. Andeison, \. E. Cooler. Jlacks---E. W. Bolids, 'C. 11. .J0lohnsol, R1. -S. l l1or o. Youllgs-_-C. 1). Green, T. M. Burnett, llobt. A. I Harris. Dials-,)no. RI. Godfrey, W. W. Cook, .1. L. Chapman, F. M. Curry, N. .T. Iun ter, S. 11. Owens, W. D. Owens. Sullivan--Jno. S. Machien, IT. W. Knighi, .J. M. Babb. Cross E'111-J. 10. Spearman, .1. E. Grifill, R. S. Tiulner, T. W. Pinisoni. Ilinter-J1no. A. I)avenport, a. C. litts. layne II. Workman, C. R. Work mall, L1. .\1. 1). Young, 11. Y. Abrains, .1. ). .\lilai. Seuffet o n-\\' 1 P. ll ersonl. YOl'NG .\).: TO CONTI-:ST IN Bl-CITA'iON elight fil Progrim of 1t(elftiols aild Misle A rraeil (or Thursday Even ing' li ie Selool Haollse. Young ladies of the high school are prepari-ng to entertain their friends at the school building Thursday evening with a recitation contest and musical program and are looking forward with a great deal of pleasure to seeing a large number of friends and relatives out to enjoy the evening. In additlon to the program to be furnished 'by the young ladies themselves, several num -hers will 'be rendered by young m1n. 'ie prograni spnt out. for the ocea sion d(oes ntot state whether the male nlii1bers oi the program will be drawnl from thle high school or not, so tile ipblic I; allowed to attend with pleas ulrlable antielinktiolls of whatever their choice 111gh t he-hoys of tle Iig school or more experielcel silgers, among (ler friends. In either (,as(I 1 hose who at teid are asstredl of1 a plieasant rvni i.the ublic is cor-1 <iall yiiviled to atteld, 110 (hargehe ing Illke for akhnittalce at ilt door. The programii for Ie evelillg will be as follows: Nilsic -Frances Dis Solg - - - Male Quartet Violinl Solo - Jaies Mc(aVy Revitat loll - - Navo- Mli. lecitation - tiv Slit Wofior Ieciltation - Wais t .ea esMlra lessrs. 1lasing and Moore lIial rn turnued hiotne hiast week after having reeived t heir hioialle (dischiarnes lrobin thelarm. .\r. I~ist ing il lhas .just rtecent 2' returnedt~ fromit overseas di atihm1ent11 of th :i r 1v is ion. Ith daiv ~i ion wasl mnnI h li r ti ekiolt'in - hiatea Thiirry. When~l thei Frenchl wer ibut to bei overwht~~ lihnedi. Fift 41n t' nighlt oft .11uly Ili Ii when i le1 lFienich and Ameritian linles, antd 11mn nior' were k illed afteor t hat hl thei 4'stcapes.\M.loori 1)ial1 (did not sli. of service. (lhtrebi of Te IEplphany. S(ie'4ial I loly Weeki servies wdil b hel lit thle Chuiirch of It'e ii:ih iny Montiday, Tu'eestbiy and1( Thur11sday lifter - li11:1 t. M. tt|-:asteserStvicesu il b bef t (i ::s . i |l . l. Al r o dallyt i iii OI i .lh n t l'iy 41d1( a y ol toden, Th sholtechrs(1.s n G[RMANS 18T PAY TINTY [IV BILLON Definife Conclusion on in. demnity Reached THIRTY YEARS TO PAY 'IN Collnnissionl Iolix AdXtlitionlal pay nillts. All 'nyimeits of Huge Ill. delinity to be oni 1as11 of Gold, -reiiel A warded oier half of the Paris, April I- .-One hundred billion gold iiiaris is the amount Germany mumst, pay the Allied and Associated governments for losses and damage caused in the war, plus other billions to he (letierimised by a special comimis sion on which Germany is. to be rep resenitedl. This is the fl~pal and definite con liusion wiich has been reduced to writing aftcr weeks of negotiation which took a. wide range and involved fretinieni changes an i modifications. The Iymi ent ofi the 100,000,000,000 gold mearks is to be livided into three dis inic aciionitls as follows: First, t welty hillions within two 3yea rs. Secowl, forly billions during thirty years, begiiining in 1921. Third, forty hillions when a con iiaSlAOi ;imhi eleieriiine how it shall be done. In view of the fluctuations through which tle negotiations have passed, an authoritative statement was ob tained today concerning final terms of the settlement. This sums Ip the gondition as follows: Geriany is at the outset held gen erally responsible for losses and dam ages in accorlance with President Wilson's 1.1 points and the Allied re sponse at the time the armistice was conclutded. 'To determine the extent of lhe payment inler this responsibill iy, a commission is set u) to take tes finiony, assetuhe <lata ani arrange all dilails of tilie payienIts froi the elC mly ai (listribution among the Allied anll( Aso.Intel powers. Wiile tile coinilnission will adilmiis Ir Ihe dletails of the paylmenIts, sof licielt is kinown to eerinit the (deter minatiou I lia t an initial payament will bo reliirvil of t wenty hillion gold niarks nIyable in two years without. illeres. it tins also heen d(leterminel tiat forlly bilioni gobut marks shall be payabb i il bolds extentl(ing over a le'rioil uf tiiii-ty years. heeinnini 1921, wilth a sinking fond lbeginnig in 1,26. These fortyiloll hllmarks dlraw two aniid (oe-amIf ere'lti ilitelest froi 1121 t(i 1921'. anIl live perceit interest afler 1921'.. In :dldition el I e foregor in pay mnt Ccieriny alco ill lee reciuire-d tee tclive r :e hlitionai bondis fier forty hillie ni :1: , wheni' hi (comm i ;on dlet in i ii a h -hll; be dccni. Thlese li C ie in n ' ofiI twe ry fori rn a l e l 'i;es aml fu n ed th *"' In 'u un ry." n nmtco M o i upc u eeh lum cci Iol letfr - Geri to e utmost.Caie ofihrii-cclpliy to l. w i th1c in the *Ie c c ciit t eion o It i ill; I I c~ cli' e y thai lt in . and e~c ci el tn ar f meti thl. le ld marki ten worthli aboutIc ilc-i imo' c-s thi5e l I-n l h e h iln and befeli thle waer wvas (iited( at 28.82 .\n to-ri an cents. Tic' illie n cc f ileIhe ien.ccc nn c cu/ie Inrk am-ncgect tic .\ D It cml \.s-uociact. e'l CeueA hasi~ ntie icItbeenet fiii n i h..c c d ceut ae I- t c- arr.e ni.e nticl I e itain's a o 'eit e cc. ee I (ec ncty a it th i e cr et In d th e c a lo t e n t~ cf thle l'iitede Stlate et~- ee ni I wo andI "ee~ .\c iecd and .\sscied cpo;cwerse (Coin tinuied on Paneo our.)