The county record. [volume] (Kingstree, S.C.) 1885-1975, June 09, 1898, Image 5
ijiimjiis
CONGRESSMAN STOKES SPEAKJ
AGAINST COTTON EXCHANGES.
Crops Sold Before They are Plantec
?A Gigantic Gambling Scheme?Bill
to Crush Out the Evil.
Mr. Stokes lias introduce ! "A Hil
Relating to F utureContracts in Agricultural
Products". This bill will
be made the basis of the fight. J
declares that t'option$"und,,futures'
are obstructions to and restraint
upon coninierce, aud are illegal am
void and that dealing iu them shal
constitute a misdemeanor punishable
by a fiue equal to the amount of tlx
contract, if it is not less than t
thousand dollars, and by imprisonment
from one to five years. It pro
vides also that every distinct con
tract shall constitute a separate otfense
for both buyer and seller. Ii
provides for enjoining and properh
punishing merchants or exchange
lioardsof other associations that deal
in options and futures.
Mr Stokes has received thousands
of petitions and letters from all over
the country endorsing his bill anil
urging its passage. From his home
district, the seventh ,South Carolina,
he received 1091 petitions, containing
about 8,000 signatures. He
1 ! "'? hill with an plnlmrsite
IHlllltliai 1IIO V/lii n ivu ?... v.?.vv..,..
speech in ih" course of which he
said:
"Mr. Chairman, the man who
should advisedly bargain away in
the beginning of the year, at a clearly
asc ertaiued loss to himself, a
* * *?:i ?...i
wnoie year s prounci vi iun auu juivation,
would everywhere be adjudged
a fool iti the assizes of common
sense. Still, the mm would simply
have done what he had a right to do
with his own. Hut when that man
presumes, unasked, to bargain away
the year's product of another in
jron if at- nn r?oSt to th it.
auvcuv^ v 'vn ? . >? , -
other, the natural and proper feeling
Mould be one of resentment toward
him.
If it became clear that he bargained
the year's product of another in
advance, bargained it and 6old it
lime and time again at an appreciablecost.
to the producer, I think it
quite likely that violent remedies
would be applied.
'I'U..* ;< emit! >i II v I Ko rnlutinn nf
X ll(IV lO C-CI lllium vnv iviuiivii -?
the "future'' operator to the producer
of cotton and other agricultural
staples.
Through all the six thousand
years and more of the world's his
torv down to 1872, the wo: Id had
gotten along without the services of
the option dealer, and had gotten
along fairly well. He owes his birth
to a decade of dabauch of public
conscience during and subsequent to
a penod of public war and consequent
public plunder. The continued
toleration of his snperfiuous
and officious presence is due to the
grip acquired upon the public
throat during the stupor incident to
that mammoth debauch.
"Hear what the Senate Committee
presided over by that able jurist, the
late Senator George, of Mississippi
says :
"In the first place, lei it be noted
that in and through and under the
regulations of the two cotton exchanges
of New York and New Orleans
can this business be transacted.
The Cotton Exchange in New York
is a corporation under the laws of
liof fi+uto T< is r>nmnn>p<] nf less
tnai/ uvaw? *v -? ?than
500 members and the number
cannot be increased beyond that The
initiation fee is $10,000, and the new
members are elected by the old.
No man can deal directly in futures
unless he is a member.
The corporation has absolute power
over the dealings. All disputes or
controversies are settled by a court
established bv the corporation itself
in what is called abitration proceedings.
Neither party is allowed to
call in a Federal or State court. It
fixes the grades of all cotton, dcsig
nates the waie-houses in which it
shall l>e stored, tixes the fees and
charges for storages, weighing and
all other work done iu relation to the
cotton. It fixes the quotations of
prices which are to be published to
the world, and these quotations are
thus fixed under its rule for months
for which there are no actual sales
"It and its members have such
wealth that it is claimed iu a pub
'
\\ Before
Retiring....
*
take Ayer's Pills, and you will
sleep better and wake in better
condition for the day's work. !
Ayer's Cathartic Pills have no
equal as a pleasant and effectual
remedy for constipation, ;
biliousness, sick headache, and l<
all liver troubles. They are ! |
sugar-coated, and so perfectly ;,
prepared, that they cure with- !
out the annoyances experienced
' in the use of so many of the
pills on the market. Ask your
j i A '.. /->_.1 I?
uiuggiM. iui .rvycx s <iixiciiLie i
Pills. When other pills won't
help you, Ayer's is '
THE PILL THAT WILL
'i J
i
lishel letter of one of its principal r
members made in response to argn- \
ment made or. the floor of this body i
that the exchange can absolutely j
dominate and flx prices, as against all t
I others, bv flooding the market with }
i offers of an nulimited supply of fu- j
tares when at other places prices are,
in its opinion, too high, and thus
tko moeL-ot* <nwl i\>\ tlio .1
j hand when it deems prices are too } ;i
low at other places may immediately ^
j buy all that can be offered. The Now s
Orleans Cotton Exchange though lo- ji
cated m the largest spot cotton mar- .
... ... j1
ket this side of the Atlantic, is a c
'mere annex to and subordinate of,
i i
the New York Cotton Exchange and ^
so need not be described further than ; j
by saying if it had the will to doj
'good it lias not the power. Such are ,
the agencies and localities ot those!
dealings, and they are the sole agen- ; j
cies and localities of those dealings
u
and transacting of this business."
i - l?
Salters Scintillations.
Mrs. J Ii Boulware, of Newberry, is >
! here on a visit to her son, He v. 1\ ! j<
,0 Boulware. >
Miss Addie Montgomery, a char- a
! ming voting lady of lvi 'gstree, is c
j on a visit to relatives here, v
Miss Lizzie hodge, one of Clar- J'
lendon'sfair daughters, has been
I C]
. visiting her sister, Mrs. R J Boul3
7 ?
i ware. *
v
There have bee" several cases of s
! fever in this vicinity lately, but t
all of them seem to be progressing
[favorably toward recovery. j
*
The exercises ot Children's Day r
took place at Ml Vernon Church,
I Saturday, May 2S. A good crowd
. I1
jut'ended, and the occasion was 0
I quite enjoyable. j]
| Mrs. Allen of Florence, Mrs. j
Edgerton and Miss Jackson, of j
Charleston, are the guests of Mr>J
James Ferrell. Last Friday eve-j ^
ning a strawberry festival was .
given in compliment to ther.i at
the grove in front of Mr. William
Salter's residence. ! ,
B. K. C. I ]
Delegates to Atlanta. 1
At a meet ingot' Camp Pressleyl
theld on Monday, the following'
delegates and alternates weie'
I elected to attend the Ueunion of
United Confederate Veterans at
Atlanta in July: Sponsor,
Miss Mary McCutchen.
Delegates. D E Gordon, i
M Gilland, G V Nelson, J E Mc- I
Elveen. 8 J Taylor, A \V Flasrler,
F M Britton, J G Tisdal<\ R II
. Kellehan. Alternates: WJFer
r rill, EM Smith, T M McOutehen4
II Z Hanna, G Iv. Mitchum.
;; I) E Gokdon,
! i
>; Commandant.
i The County Record one dollar
- iyear. I
II III
y Among Our Exchanges.
I l?;it hujre lc?rl 11 tios are 1 >ein:
made oni of litis war by trusts
combines and private individuals
tuere can be no question, an 1 I it a
the sons of public men are beini
taken care of by the govermneii
is a fact that is patent to all. Vet
many people mistake the action;
of these men, and hold them ii|
- - * /* r ,.,i
us patriots.?iA't* ucu^ei
There are no loiiijer any "rebels'
or "ex rebels," bat only citizen?
of one common country. By un
animous vote the House yester
Jay passed the Senate bill remov
ing all Confederate disabilities.
Now let us lick Spain quick and
have the thing over!?New York
Woild.
The Augusta Herald says:
'South Carolina will send to the
front as noble an army of volun
leers as any St Me in the Union."
l'rue, every word of it, and if the
regiment gets the chance it will
loubtless do as good lighting as
inv other in the volunteer army.
That is the wav Smith Carolina
las.?Beaufort Gazette.
Josh Billings says that sons o 1
treat men remind him ol a sweet
potato patch?the best of them
ire under ground. McKinley
vould do well to consider this in
ippointing the dudish sons of dis
ingnished men and millionaires
o high positions in the army,over
rained West Point officers?
lead light.
In justice to genius with a han
lie, we declare, and will maintain
...oil 11oiv* nnmpr^ that Sir.
(411 HV, ?? ^ ^,...
<ew!s Morris's verses on Mr. Gladlone
in the London Times are
ally up to his standard. We can
hink <?t' l>nt two other men who
mild climb to an equally breathess
height of song. One is Sir
idwin Arnold. The other is the
Ion. J Gordon Googler.?New
,'urk Sun.
By a vote ot (56 to 131 the State
)emocratic (Convention in Col
inibia rel'jsed to submit the
nest ion of dispensary vs. prohi'ii
ion lo llie Democratic voters of
he State. Is that Democracy?
Co, emphatically no! Democracy
5 the voice or the people, who
hoiild be allowed to pass upon
ny important question that may
ome before the party. The
t'hite people of this State will
lever be satisfied until they have
he privilege of voting upon the
[ueslion, and the sootier they are
;iven that privilege the better,
or the question will then be
ettled. It is very evident that
he friends of the dispensary are
frail to let the people pass
dirment upon the {uestion.
Anderson Intelligencer.
)ne Minute Cough Cure is the best
(reparation I have ever sold or usd,
and I can't say too much in its
raise." L M Kennon, Merchant.
)dell, Ga. Wallace & Johnson.
Arc You m
Easily Tired?
Just remember that all your
! strength must come from your |
! food. Did you ever think of
that P |
! Perhaps your muscles need
' more strength, or your nerves; |
J r%orhft.Tts vour stomach is \
r ui y>"?i? w
? weak and cannot digest what
I you eat.
If you need more strength
then take
SCOTT'S
EMULSION
of Cod-Liver Oil with Hypo- ;
phosphites. The oil is the most 1
easily changed of all foods into ;
strength; and the hypophos- ;
phites are the best ;
? Jw tonics for the nerves. 1
JWSf SCOTT'S EMUL- J
/tjjtt/jp 8ION is the easiest j
U (v*B quickest cure for j
throats. for 3
| II [1 coughs of every kind, i
| A i l\ and for all cases of de- 2
bility, weak nerves, 1
f and less of flesh. }
J Joe. and $1.00; all druggists. j
SCOTT & BOW SI;, Chemists, New York. j
' | 1?cr '*?t
: RA'SPILLS 1
^AndTonic Pellets.
| Cure all forms of disease caused by I
, | a Sluggish Liver and Elliousness. I
5 The Pink Pill CleSHSCS
The Tonic Pellet InvigOrP'eS
The little " Doctor's Book " tells all Uooul
them, and a we< k's Treatment Free, proves
every word true. Complete Treatment, 26o
BROWN MFG. CO.. N. Y. an J CreeneviMe. Tena
Skin Diseases.
For the speedy and permanent enre oi
tetter, salt rheum and eczema, Cham;
berlain's Eye and Skin Ointment is 3,
without an equal. It relieves the itching
and smarting almost instantly and f]
its continued use effects a permanent
, cure. It also cures itch, barber's itch,
scald head, sore nipples, itching piles,
chapped hands, chronic sore eyes and
granulated lids. P
Dr. fady's Condition Powders for f)i
horses are the best tonic, blood pnrifiei
and vermifuge Price, 25 cents. Soldbs q
TTT aIIA AA Pr T/V'UMMAM
VV ttilctuc Ub o UJJ.HOKJll.
NOTiCE. |
I will be in my offie in the Court I
house. Kingstree, M nday and Sat
urdav of each week. Those having
business with the County Sup
erintedent of Education will govern
themselves accordingly.
iS'abok 1). Lesesne,
Conuty Supt. Ed
Notice.
I will be in my office in the
| court house in Kingstree S. C.,
on SATURDAY of each week
and during my absence, I will
leave my office key with Mr. C. \V.
McClam.
E. M. Smith,
Judge of Probate,
Williamsburg Co., C. S.
Baby Mine!
t Every mother
feels an indescribable
dread
of the pain and
danger attendant
upon the
most critical pe- _
riod of her life.
Becoming a
mother should be
a source of joy
to all, but the
suffering and C
danger of the ordeal make ^
its anticipation one or misery.
MOTHER'S FRIEND
is the remedy which relieves ?
women of the great pain and suffering
incident to maternity; this
hour which is dreaded as woman's
severest trial L not only made
painless, but all the danger is removed
by its use. Those who use
this remedy are no longer despondent
or gloomy; nervousness
nausea and other distressing con/4ifinne
nro n\rr\tr\f*A + hr* c\rcfpm ic ! r
UI LlVtJJ U1 c avviuwu, kliV J tviii ? w?
made ready for the coming event,
and the serious accident^ so common
to the critical hour are
obviated by the use of Mother's
Friend. It is a blessing to woman.
$1.00 PER BOTTLE at all Drug Stores,
or sent by mail on receipt o * nrice.
j ROOKS Containing invaluable information of
CDC_ interest to all women, will be sent
rnfct to any address, upon application, by
The BBADFIELD BEGCLATOB CO.. Atlanta, 6a. THE
1 COLUMBIAN
ENCYCLP^DIA,
35 Volumes, 28,600 pages,
7500 Illustrations.
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; better adapted to popular use than
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I i the only Cyclopedia which is, or
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\ TIIE BEST FAmlLY LIBRARY.
i Because it is clear and simple in
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UNITED
STATES
' 1 r
VS. SPAIN,
Mm M is til Prm.
.lUUJIU I KS IV A V I W I A M AVWNI
We have met the enemy, "High Prices,"
nd have routed him; while WE do not expect
tUR deed to be recorded in bronze, WE do xect
you to come and examine our goods and
rices. WE can positively save you from 15
o20ner cent, in both our Dry Goods and Gro
x- _ V
ery departments.
iEM till FOB.???
VOLCNTEEES.
jy
lie chief executive of this establishment are again issuing a general
call, asking from all who desire to volunteer into oui army of great
b.vgains the services of their hard-earnetl dollars. All who are
loyal to the honor of their purse should respond at once,,
and take their place among the brave defenders to conquer
all competition aud protect the dignity of our ' /
7
high quality and low prices. Our motto is:
Underbuy, Undersell, cash. We have
a full line of FRUIT JARS for
canning vegetables, etc., etc.
W
tartwa? Mm M
JJX UUU II UJ XIUUUU ?. IV IV* VI
.
J. N, ROBSON & SON. |
lommission Merchants And I
' Vv';
Dealers In
^ 1 r"fc
Choice Hay, oats, oorn, ana rrcpaired
Cow-food.
CONSIGNMENTS ' :j
)f Cotton Poultry Eggs and
S A
IPsixrrx Prcd.-o.ce Solicited..
J. N. KOBSON & SON,
136 East Bay,
ClxaxlestorL, S. C.
1^^
S j WOOD'S SEFDS are specially grown arid ^
S W ^ rV'fl selected to meet the needs and requirements r-f ?,
) yujj(jj/u Southern Growers. ''
) MB Wood's Descriptive Catalogue is rr. ct val
) p ^ ^ r.ble and helptul in givirg cuitural direct.ori )
0* I f r.rd valuable information about all t-eca ?
) 43*m? P? B 3 ]? specially adapted to the South. ) K .
) MLm Lm Lm SJ3 VEGETABLE an J TLOWER LEEDS, ?
S Grass and Clover Seeds, Seed S
J j?P, tmmm Potatoes Seed Oata (
) I ELbJ 1 EcO Garden and Farm Seeds. \
? AND Write for Descriptive Catalogue. Mailed tree. (
I ?T?njSP? T* W* wOOD & SONS, , I
< B Rr 3 J B SEEDSMEN, - - Rl HMOND, VA. <
* TH: LARGEST SEED HOBS: IN THF TCUTH. \
1
CATHARTIC I
tmoiicw
^8^ CURE CONSTIPATION
256 500 )RUGGBT8
i .r a
j *5W
"1