Historical Newspapers of South Carolina

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Ibc luuntg jlecortl ?p vnr KINGSTREE, SOUTH CAROLINA, THURSDAY. MAY 20, 1920. N0 l( CUT PRICE WAVE I SWEEPS WEST BIG REDUCTIONS IN MANY COMMODITIES FOLLOW IN TRACT * OF TIGHT MONEY. ??? ( Chicago, May 18.?A wave of price cutting in retail clothing costs reaching from the Mississippi valley to the Pacific coast was reported today. Dispatches from twenty-four cities in that . territory told of promised reductions in these necessities ranging from 15 per cent to minus profit. * " ^ J financial autnonues acre wm uun the indications were that the price decline would be limited to ready-towear clothes, principally women's garments and silks. Shoes were in the; jAist affected. ^^"Tight money and inadequate transportation facilities were cited among the prime reasons for the mercantile movement. Delays in delivery of goods in which much money had been tied up, together with inability of farmers to get grain and live stock to market, were said in many instan- j ces to have worked a hardship on mer- i chants. An officer of one of the leading de-, - partment stores of Chicago declared j that the price reduction now being reported meant also that merchants were trying to satisfy what he called "a hysterical demand from the public for lower prices. These current reductions, he said, might be only temporary. Merchants More Cautious. A financial authority here said that if reports of price-cutting were dependable, they indicated a tendency toward a reduction in inventories. Though this might be temporary, he . said, it was undoubtedly good, in that ic suggested that merchants were going ahead more cautiously. Sales * are being held under various names. In Topeka, Kansas, a men's clothing firm announced a "no-profit sale," declaring that it would back its prommfks at the end of the sale by letting we fair price commissioner or a committee named by him take possession of its books and accounts. Department stores in St. Louis advertised "underselling campaigns." Twenty per cent, cuts were the most popular. On the Pacific coast Tacoma dealers announced cuts from 20 per cent flat to "profitless sales", declaring that on some women's garments prices were cat virtually in half. In Minneapolis a large department store has announced a general cut of 20 per cent. At Knoxville, Tenn., stores today made a general discount of 20 per cent on its entire stock, except a few contract price articles. I Shoe reductions also were announced. Washington, May 18.?Bankers of the country, through representatives attending a conference today with the Federal Reserve Board, pledged themselves to help the board in its drive high prices and to aid in efforts' Vat deflation. Specifically, the bankers agreed unreservedly to support the board's newpolicy in discouraging "habitual and unnecessary box-rowings" and to seek cux-tailmept of long standing, non *** essential loans as an initial step towfrd ending the era of high prices and speculation. Governor Harding set forth the board's policy in a speech designed to clarify the general situation and to explain the government's views. He warned of impending dangers in the cycle of continued borrowings and speculation, and appealed to bankers and public alike to be conservative in its demand for banking credit. "It i$ evident," Mr. Harding said, "that the country cannot contiue to advace prices and wages to curtail production, to expand credits and attempt to enrich itself by non-productive operations and transactions without fostering discontent and radicalism, and that such a course, if per!r> will eventually brine on a diovcu ) ? ?. - ?v w real crisis." , . "Frozen Loans" Mr. Harding said that "everything jrfou^t be done" to expedite the release WflMLmoney in "frozen loans" and in T^^imodities held either for speculative purposs or because of lack of transportation, and urged bankers to use the utmost discrimination in grantfg new loans. Reports laid before e conference by the federal advisory unci]? directors of the federal re-^tjerve banks and a committee repreWsenting the American Bankers' Asso* ciation. were to the effect that inflation has continued to some extent since tlie flotation of tha Victory loan last May. This, Mr. Harding declared j to be one of "the disquieting features" of the present situation. He asserted that the expansion of banking credit, "properly responsible for the war," was about $11,000,000,000, while mon- j ey in actual circulation had increased $1,9000,000.000. Credit expansion, ev- j en to that extent, was not believea by Mr. Harding to be alarming or excessive when "viewed from the standpoint of war necessity," and when it was recalled that the government placed $26,000,000,000 in Liberty bonds in the same period. Mr. Harding beplored the falling off in production in practically all important lines. He said it constituted a very "unsatisfactory element" in ? ?li? u??1 me national pruuiem, ut-tausc iv mu< > cated a slowing down of industrial ef-1 fort. o !, !' Williamsburg Bull Association. j1 i Williamsburg county has taken a j' position in the front line of progressive counties in dairy family cow de- \ velopment through the organization of the Williamsburg Guernsey Bull ; Association, which is about completed. ; This association is made up of four ] blocks, each block consisting of from 15 to 20 farmers and others who took j the necessary number of shares to ] make the capital stock of $500.00 per \ block. ' '] Three blocks have already bought' ] high class pure-bred Guernsey bulls. ] paying $500.00 each for bulls deliver- , ed and insured for one year against j death by any cause. An evidence of , the values of these three animals is j the records of their mothers. The ] dam of one has a record of, 12,812.6 pounds of milk and 582.2 j pounds butter-fat. The dam of an- 1 other has a record of 11,782.3 pounds ^ of milk and 564.2 pounds of butter-1 fat. The dam of the third has a record of 12,416 pounds of milk and 685 , pounds of butter-fat. With founda- t tion stock like this it will only be but a few years before Williamsburg ( county will have a good supply of high grade cattle. The fourth bull \ will be purchased within the next week. The four communities or blocks that form the Williamsburg County Bull ' Association are Hemingway, Indiantown, Cedar Swamp and Kings tree. The Bloomingvale community are pur- ' chasing a one year old bull that is exceptionally well bred, and they hope J to grow him out well and join the association at the end of two years. There is already a demand for pure- j bred Guernsey heifers and cows as a result of the bringing in of these bulls. Good pure-bred cattle of the ' Guernsey breed are not easy to find, ' and it is imperative that the farmers j and others who are contemplating 1 buying heifers or cows to be cautious in buying. Good bred heifers will ' cost from $300 to $400, while good 5 -?- .ill frnm S400 unward. de- ^ WWD VTUl VVOV JLM. V". Ysvv -r , pending upon their records. It does not pay to keep a poor cow, for she will eat just as much as a good cow, * and you will have to keep several cows to give the same amount of milk ! that a good cow will give. If you are ' not a judge of a good cow or haven't 1 had any experience in buying purebred heifers and cows, you had better ^ consult with some one who has had ; experience, for there are scrubs in ' pure-bred cattle; so don't take any:' chances. The directors of the Williamsburg 1 (Guernsey Bull Association and your 1 county agent are working on plans, now for getting the right kind of 1 heifers and cows that you should buy. ' We hope to have some definite plans to put before you next week. o 11 i Epworth League Conference. The joint meeting of the South Car- , olina and Upper South Carolina conference, Epworth Leagues, will be i 'held at Columbia College, June 14-17. A large attendance of young people is expected. The opening address! [ will be delivered Monday night by i j Rev. T. G. Herbert of Charleston.; . The mornings will be devoted to mis| sion study classes and Institute work. : I The afternoons are open for rest and recreation. Every evening Nesper j sendees will be led by Rev. W. B.' Garrett of Greenville, after which will follow a platform address. Rates for board and room are SI.50 per day or $6 fdr the entire confer: ence. The delegates are asked to bring bed linen and towels. All 1 names should be sent to Miss Eula Winn. Columbia College.' > College Place. S. C., May 1^1920. DELEGATES TO NATIOl ELECTED AT CC ( STATE CONVENTION ENDOI Cochran Heads State Comn] Engage in Warm Battle c Question, Otherwi Columbia, May 20.?The following ] were elected delegates at large to the ] National Democratic Convention to be < held at San Francisco in June: I Governor Robert A. Cooper, United ( States Senator E. D. Smith, Representative James F. Byrnes and ex- i Governor Richard I. Manning. L. D. I Jennings, the only other candidate, < was "electee! first alternate. 1 District delegates were selected as 1 follows: First, Charlton Durant, J. G. 1 Padgett, B. C. Bradham, and Rich- | ard S. Whaley. Second, J. A. Harlee, 1 and N. G. Evans; the alternates, C. 1 F. Riser and J. F. Johnson. Third, F. * H. Dominick, F. C. Robinson, 0. R. ' Doyle and H. L. Watson. Fourth, W. ' D. Workman and W. W. Johnson; al- I ternates, C. M. Douglass and S. D. T. Lancaster. Fifth, A. F. Gaston and < LeRoy Springs; alternates, T. B. But- 1 ler and R. E. Willie. Sixth, J. W. 1 Johnson, L. M. Lawson, J. H. David i and J. G. Holliday. Seventh, R. H. i Jennings and William A. Coleman; 1 alternates, S. H. Booth and B. Frank i Kelley. Tho districts of four del^irates will i nave one-half vote each and no alternates provided. Those with two delegates will have a full vote. This procedure was adopted by the convention. John Gary Evans of Spartanburg, vas reelected national executive comnitteeman without opposition. Thomas B. Cothran was elected chairman of the State Democratic Executive Committee without opposition, ind Harry N. Edwards was chosen secretary. The convention was called to order it noon by ex-Governor John Gary Evans of Spartanburg, chairman of ;he State Democratic executive comnittee, and immediately the names of VI. L. Bonham of Anderson, former Adjutant General of the State, and George K. Laney, senator from Chescerfield county, were placed in nomination for temporary chairmen. Gen. Bonhaam was unanimously elected. ine temporary cnaii man mencu w j :he prosperity of the country and the j ^ jnited condition of the Democracy of! t the State, and briefly told of the glor-1 { ous victory acheived by the American , \ ;roops in their fight for world free- i iom. Gen. Bonham was optimistici ibout the future of the party and ex-1 pressed it as his opinion that the11 Democrats have a splendid chance of t >eing returned to power in the gen- j i ;ral election. Ex-Gove. John C. Sheppard, State j 1 senator from Edgefield county, was; ( nominated and elected to the perma- j i nent chairmanship of the convention. 5 He told of the trials and tribulations the Democracy of the State went t through during the days of the recon- : i struction between 1868 and 1876 and ( some of the amusing and tragic things i which occurred when the radical and i negro were in control of the State } government. "From those days to ' this," he exclaimed, "we have had a ] government comparable with that of ] any State in the Union." 1 A resolution by P. A. Spivey of. I Conway, placing the name of Wm. G. i McAdoo, former secretary of the'? treasury, before the convention for! ] instruction, and another by D. S. j j Henderson of Aiken, for an unin- t structed delegation were placed be- 1 fore the body for debate before it re-11 cessed at 2:20 o'clock. ,i in the platform adopted the follow- i ing acheivements of the Wilson ad- 1 ministration were extolled: I The abolition of the tariff law, the j1 progressive income tax that made the 11 rich bear a just proportion of taxes, j J taking the burden from the backs of j J the producers; the farmers' loan act. j ] that enabled farmers to obtain cheap! 3 money on long time, through non-tax- ] able farm loan bonds, thus compelling h land mortgage banks to lower the rate 1 of interest, a measure that the Re- 1 publicans are trying to repeal; the ' Smith-Lever agricultural extension 1 act, putting the services of the great ^ agricultural department at the door j of every farmer; the good roads act; 1 the rural free delivery system; the j 1 ///. ML CONVENTION s ILUMBIA YESTERDAY.: a d ISES WILSON'S POLICIES.? littee?Bennet and Pollock h >f Words Over Suffrage i ^ se Quiet Meeting J b parcel post system; the Department of j Labor, giving the workers a member [>f the cabinet; the child labor act, giving the children the right to be j j sducated. The eight hour law giving the rail- i road and industrial workers a chance j to see their families; the workman's compensation act; the exemption of o farmers and laborers from the anti- n trust act, declaring labor not a com- p modity; the act for vocational* train- li ing, giving soldiers a means for earn- ti ing a livelyhood; the building of a G jreat merchant marine carrying cot- n ton and cotton goods to foreign ports a n American ships and opening Southern port3 that were bottled up by Re- c aublican magnates. p The anti-trust act destroying mon- v jpolies; the federal trades commission s * i -1 1? Q A> destroy uniair Dusiness aeanngs; ;he great federal reserve banking act 11 vhich destroyed the money trusts, a nade panics impossible and enabled ^ :he country to finance the great war G vithout a bank failure. cl The world war was fought, financed md won without a scandal, and those o vho were most able were made to pay ;he bill; the act requiring the election " >f United States senators by popular 1 rote.. The platform rejoiced in "the 3 arge prosperity enjoyed by the State ind the nation during the past few ? ears, but condemned the methods of irofiteering practiced in certain quarers; it cautioned the people against indue extravagance and asked them o be more circumspect in their pur:hases; the elimination of extrava- g jances and luxuries, it affirmed, would K u\use a more proper level of econom- nc law of supply and demand. ai The efforts of the national govern- ti nent and that of the State in fostering oi he educational interests of the peo- ni >le were endorsed; the movement for w mproved highways was commended al tnd the acts of the shipping board and bi he Interstate Commerce Commission a1 n giving more consideration to the ki ust claims to the Southeastern ports vere extolled as just. The platform B exhibits with pride the unexcelled m dace South Carolina took in the world hi var and its acheivements both in arms 01 tnd the correlating movements to sup- 1c H>rt the men in the lines. in It further condemns the position of s< he Republican party, assisted by cer- e< ain reactionary Democratic Senators j a: n delaying the beneficence of peace, j tl The convention adopted the resolu- j b; ;ion committee's unfavorable report , >n the Christensen resolution propos- ol ng to enfranchise the women of the; w State by a vote of 245 to 68. hi During the debate a warm alterca- ci lion took place between Christie Benlet of Columbia, and W. P. Pollock of f< [Jheraw, both former United States hi senators for this State and both hav- ai ng voted on opposite sides during ir lie tenure of office on the question, z; The tilt came at the conclusion of ti Mr. Bennet's speech, during which the ci Richland county delegate had said he w lad charged supporters of suffrage as s< neing the self-appointed spokesmen n ior the women. Mr. Bennet had also 01 >aid he understood that certain po- w itical announcements had been hang- si ? mnntVic "wnifcintr for t< Ug I1IC 3CVVI Ul " ? 0 he ratification by one more State of g :he Susan B. Anthony amendment, n ind they are still hanging fire waitng on tiptoe for the dawn." Senator Christensen took Mr. Benict to task lor his statement as to sending political announcements. G When Mr. IJennet said the charge did C lot apply to him, but did apply to Mr. tl Pollock, Mr. Pollock jumpted to his 01 feet. Prolonged .bitter exchanges: si passed between the two, Mr. Pollock reminding Mr. Bennet that twice the a Richland county man had been ap-1 rr pointed to office by governors, each ir time to fail to get the office when he tl .vent before the people for reelection. | r< 'If I'm self-appointed spokesman for: C the women, what commission had he j tl ;ver held except an appointment by a li governor for whom he was running boy"! He says I am on tiptoe wait- q ing to announce my candidacy as soon c< s the women can vote. I wonder if tie political bee is buzzing in his onnet, although the South Carolina lectorate has twice repudiated him." i Mr. Bennet at once arose to his feet nd reminded the convention that he id not object to reasonable criticism j or his utterances, but he thought the peaker was going too far. "Who started this?" Mr. Pollock ontinued. At once Mr. Bennet retorted, "I ave never had a cat named after me." "I wonder if you say as much as o yellow dogs?" Mr. Pollock shot ack. o . W. McCX)WN BECOMES DISTRICT CHAIRMAN horoughly Believes in Value of the ' Work of the South Carolina Development Board. I The acceptance of the appointment f J. W. McCown as District chairman of the re-organization and exansion campaign of the South Carona Development Board for the counies of Florence, Williamsburg, leorgetown, Marion and Horry is anounced. In speaking of his acceptnce, Mr. McCown stated: "I have accepted this position beause I( believe that the board has a rogram that will be of inestimable alue to the entire State. It is necesary that our citizens think as a State, nd really learn what this State has m the way of resources both of men nd things. The State committee is eaded by Governor Cooper and exlovernor Manning, chairman and vice hairman, respectively. I am able to nnounce that Mr. J. M. Lynch and Ir. F. L. Wilcox have consented to ct as members of the district comlittee. Further appointments to disrict and county committees will be nnounced in a few days. "Florence has been selected as the ampaign headquarters for the dis ict."?Florence Times. Q S The Dance Thursday Night. On last Thursday night a dance was iven by the local young set at the ellahan hotel and preparations were iade for quite an enjoyable social ffair. Notices, or informal invitaons, were sent to members of social rganizations of nearby towns and a amber of out-of-town guests ere present for the occasion. At i>out 9 p. m. the dance began, and id fair to be one of the most largely ttended and enjoyable events of its ind held here for some time. But at about 11:30 or 12 p. m., John arleycorn, or an alcoholic relative, iade his appearance at the dance and ad a very perceptable hold on some r the visitors; and then it was not mg until those who indulge in danctg for the sake of exercise and whole>me social intercourse were compell1 to withdraw from the ball room folrn thoir dpnartnrp. owincr to le manner of dancing indulged in y some of the participants. Finally the chaperons, young ladies f the town and some of the visitors ere escorted to their homes and the all turned over to the more riotous rowd. It was a most unfortunate occasion >r the young set of Kingstree, and as awakened them to the fact that (though a pefson may be a member 1 good standing of a social organiition elsewhere, it is not proof-posive that the characteristics of partijlar individuals will abide with them hen from ' under the watchful and ;ornful eye of the home community, or that they will not take advantage f the hospitality extended them by ell-meaning friends to spoil and benear the reputation of what is in;nded to foster and make more conenial the social intercourse of comlunities. o South Atlantic Ports Favored. Cincinnati, ' May 17.?Edwin C. (ibbs, president of the Cincinnatti hamber of Commerce, spoke before in OmitVi Atlantic rwrts delegations n the fact that South Atlantic ports lould be accorded a square deal. Another prominent manufacturer ailed attention to the fact that today lany shipments for export were lying i Cincinnati awaiting the lifting of le freight embargo in New York. A jsolution to the Interstate Commerce ommission was adopted requesting le use of South Atlantic ports to reeve the present congestion. Thirty Rotarians present at the banuet led in making the dinner one of operation. "N . "WE ARE LOST" SAYS CARRANZA BELIEVED THAT DEPOSED CHIEF I PLANS ESCAPE BY SEAABANDONS GOLD. ___ j "We are lost. Good bye, gentle- * i men!" These were Carranza's final, words before his flight from the bej sieged train in the early afternoon of J May 14, while pausing momentarily j before a crowd of terrified civivlian refugees a few miles east of San MarI cos, accompanied by a few intimates land guarded by what the special disj patches term "a very small cavalry force." ^ . ... lhe fugitive president crossed the narrow valley through which the Mexican railway passes, stopped for a few moments to watch the Liberal revolutionary forces occupy the stalled trains, then disappeared among the mountains. Heading Northeast. It is believed that Carranza is heading northeast toward the coast by way . of Cofre de Perote, with the intention of boarding a steamer at some small port and escaping from the country. Judging from the list of captured officials and generals received Sunday at the headquarters in Mexico City of the Liberal revolutionary government, ra few are accompanying Carranza. Among'them are believed to be Luis Cabrera, secretary of the treasury; Gen. Juan Barragan, chief of staff; Gen. Francisco Murguia, commander of the train guards; Gen. Francisco Urguizo, sub-secretary of war, and Ygnacio Bonillas, former ambassador to the United States. A motor truck load of gold coin, which the Carranza party attempted to carry off, broke down, the sodiers obtaining the major part of it. Labor Leaders Arrive. / Washington, May 18.?Luis Marones, labor leader of Mexico and known there as "the Gompers of Mex ico," came here today as special commissioner of the defacto government. Recent reports to the State Department, announcing plans for his visit, suggested the possibility of his appointment later as the cheif diplomatic representative to the United States. Dressed as a railway brakeman, Marones accompanied Alvaro Obregon from Mexico City when the latter was threatened with imprisonment. Further information that the defacto government was settling more firmly into power was contained in a summary of news in the Mexico City press sent by the American embassy to the State Department today. The State governments of Yuk'atan and Campache have announced their support of the new government, and Villa, it was announced, was proceeding to the capital "without military escourt." Obregon in Lead. The summary set forth that the newspapers applauded the withdrawal of Pablo Gonzales from the presidential race, saying it would reduce the chances of conflict growing out of the political rivalries. ine most outstanding contender is now Obregon. He was reported to have left the capital for Queretaro and from there was expected to go to San Luis Potosi, returning May 24, the day fixed for the beginning of a special session of Congress called for the purpose of naming a president ad interim. It was assumed here that Obregon would confer with Manuel Palsez while at Tampico, but the uncertainty felt here as to the attitude the former ruler of the oil fields might assume was greatly allayed by the message received from him assuring American business men that he was "united with and forms a part of the movement represented by Gens. Obregon and Gonzales." Tnrranza was renorted to be mov ing northward from the hills west of Jalapa. o Pension Money Ready for Veterans. Pension money was received here Monday by P. M. Brockinton in the form of a check from the State treasurer. The amount received has been prorated and will be paid out to the Confederate veterans of the county as promptly as they properly apply. There are three classes of pensioners. Those in class A will receive $75.00; those in class B will receive $50.00 and those in Class C $30.00. Veterans afe requested to call for their money as early as possible. I \V.