The watchman and southron. (Sumter, S.C.) 1881-1930, March 04, 1908, Image 7
? Ml TUB IDIL
ooiton ufecvuvtok
cotton famine.
<ffltl<,rt rtk?,, ?ho Has Done
fr t^?M tor Ms)
P Meg of oxen*,
}M dfeganao of fteaaa
Hb
Tear to Dcprcas
Now Mak.ee Pre
tiooal Advance In
t It Won t-Pay to l?Lunt
aa HAs Proaalsea.
>aa? Tora, Feb II ?For the first
/ Maut daring ?be present cotton season
MPaoe geptcmber first last. I em nbi*
mym aelieve that the situation in stifles
laifwer erssse for cotton. |
tOft the j 4 th or Ausrast it07, i ca?
ul arjr Liverpool oorerepondents:
snoot serious financial situa
of tale generation Impending
ka."
aa Use Ha of gerterober I pub
aard etvrng the vkuble supply
tad prospective,
at aa eaaoetatavi of tight
then over It cent* a
eHsVsagh oottoa for Jan*
1 seil la N?w York
**>M% I asa Had to be able to say
tf IHp^W^ lVg^Ogssfp*
- Wats* 1 eeeept Use ruU reeycnelbU
?t* of taw errur. It Is aalte In order to
, fgM a*i taat it sprung fundament
j/to from mm ermaeoaa are mis*, eta;
mkmmtomfm fmrntm of the world's rtai
?gt malr. a m rjapoaelal* that It
ii ?!! <ae tae same aa he says, bat it
tagjgsred the recent figures to demon
Us* unreliability of his former
?
AMsojatrh m\ports of oottoa from all
?Mg)pj** l?se sxarwpc are smaller this
naaaAea raan met by tif.oto betas.
' ssasf aHf> tagt ? ulalbla stocke ** cotton
t* hmnpi srara\ua she fJd of Febru
styah> lilMI lane than seat year.
>is gatanW aaaaee the Invisible of spin
. aawr Mhs Its.oot balea larger than
facts
la ether wot is. deducting
consumption from a dl
eappty. the remainder Is
to he aa augmented stock.
are lb it In so tar aa Eu?
ere concerned, they
Just a* much cotton up
n ae they did last,
haw* Ukea It at a much
tad, from a much
tuajity than waa available
iaat'iraor. .
In regard to the European pro doc
* of ? manufactured goods, the
ahaahrtery reliable data we have
tis> British board of trade return**
<ahoa that tar the past four
j the export of manufactured
goods from Great Britain I*
*?t* founds greater than l*?t
LoeVslhr. Buropean ?planers'
* should be and probably are
lose time met year, and for tb4*
It kt altogether provable that
Use eatf Ml of the available supply
(hat* torn** will continue aa large
,m met year
Jfast smother element for which I
eatlretf reepenelble entered Into
athmntaulaUone of met 8p tern ber
the idee of the American crop,
my figures* apm a syst?*or.
never previously led me to
estimate tlie crop, I put luhed
hst estimate on October Id. giving a
(?|0*hl ennnty by county, which aggro
?ated ll.2fi.010 aast?. This figure.
It now appeers. wsa a gros? i ver-oMl
aaita and yet my figure*, which I
paallahed in detail were challenged
la only *t count le*
The? oari ultural department ap
hae erred In the same way.
Wp actlmat??? in the pest have rarrly
felled, to under-estimate the crop by
at least one to one and a half million
1 baler It now appears entirely prob*
S tmi* that the government e-tlmute of
I ll.fll.tOt baiee which with the ad
fedltion t>f Unters. Indicates a commer?
cial crop of fully 12.000.too balea.
will prove an over-estimate of from
IttLOOO. to 710.000 balea Nearly all
other authorities of eny reputation
to have erred in the same dt
Meters. Norden A On. who
|? . ted the crop on .November 15th
170.000 bales woro the fljst ^to
f lac their error, and reduced
their figure* on December 10th to
llNoo.OOO balea. The average of the
four more prominent cotton ex?
change*, which was 12.010,000 bales,
tit would seem Is an average over-es?
timate of at least 100.000 bales, and
poeifbry more
Th* reason for this uniformity of
Ov^r-oeaimHtea Is difficult to find. It
fe probably due to a deetre on the part
_ of the agricultural community to hoi
% ater credit daring last autumn's crisis
by tne prediction of tig crops. Tbl?
was undoubtedly th? policy of the
department of agriculture, for It !?
now generally conceded that It over
eeiimated the crop of corn, wheat
and uete as well as cotton, and the
M annual report of Secretary Wilson,
'aubtlahed some trn days before the
onVtal estimate, practically gave the
gtfUree of that estimate in ad/ancc.
For myeel:'. i may say that I believed
In my own estimate, and It <a only
after the mo?t thorough going effort
I at justify it that i have abandoned it.
r The ceaus .\?v/ee of the ginning I
tjrae at first disposed to regard with
eceptMsm. but they have received
aa b extraordinary corroboratirn in
ghe crop movement that we cannot
Mjmf Inagrtr disregard them.
I
Up to the 18th of January the total
ginning was 10,337,000, which was
approximately 1,810.000 bales less than
! Isst year And 3.10,000 balea more
thin In 1908. Up to Feb. 22d the to?
tal cr>p movement (Chronicle figures)
was 8,194.145. which was approxi?
mately 1.760.000 bales less than last
year, and 420.000 more than In 1906.
We may argue aa we please about the
I falsity of the g Inners' returns and tin
holding back of cotton, but the con?
catenation of the cesus figures and
the movement at this late date in the
season is to nru convincing beyond the
power of argument. As s matter of
fact, however, the figures of the move?
ment as mads up this season, by what*
ever authority probably exaggerate
it.
From thp Chronicle's figures It Is
noticed thst the amount in sight to
February 2 2d Is arrived st upon the
assumption that Southern splnreis
have taken and consumed up hi that
date 1.193.000 bales, or 16,000 more
than last year, while Northern spin?
ners havetaken 719,000 bales or
about 40 per cent lese. Of course, no
one believes that any auch Industrial
paradox has existed In America, as It Is
altogether probable that the takings
of Southern, spinners hsvs been de?
creased in th# same ratio as those of
their Northern competitors. If this
ts the ease there Is to be deducted
from the crop movement to date 40
per cent of the estimated Southern
spinners' takings up to this time last
year, or say 410,000 bales, which
would give us a total In sight ta Feb.
33d of about 8,400,000 bales and totsl
takings of American mills up t> date
as fallows:
Southern takings ( estimated), 1907
08. 713.000; 1900-07. 1.179.000; North?
ern takings (actual), 1907-08, 1.125.
TMfa 1900-07, 1.84 4,9*1. Total. 1907
08. 1.838,944; 1900-07, 3,022.996
Now, no qns, however pessimistic,
believes that our American cotton in?
dustry is lp such a prostrate condi?
tion that for the balance of, this sea?
son splnoers will continue, to take 40
per cent less cotton than they did
lasi year When the depression was
most acute I estimated the decreased
consumption !n America at 26 per
cent., which .would Indicate tqtal
American taking* of about 4.000,000
bales, and the 'acquisition by Ameri?
can spinners of about 1,100.000 bales
mors.
WhSTS art* they to get it If the
American crc%> should be only 11.'
600,000 bales or under7
Even If ths crop should be 12,000 -
000 bales there would be no cotton in
America Sept. 1st; and If It Is only
11.600,000 hales there promUss to be
a scramble for it ?nett as we have not
seen since the summer of l'?02.
Viewing the whole situation, It m*y
be sum marl red ss follws:
There Is a shortage in the^ American
crop as compared with last yesr of
possibly 2,000,000 and certainly 1,600,
090; the Eat*! India crop ts ?h?rt 2,
?00,000; total shot tage. 3.600.000.
Ths world's visible of all torts In
?urope and American on August 81,
1907. wss 1.894.000. f
If cohsumtton If same as last year,
vis. 17.006,640 butei, there would bo
nn actual deficiency of 1.808,000.
which would compel a cuitallment of
about 11 per cent. In the world's
consumption, and a curtailment of 16
per'cent. wjuld leave us a visible sup?
ply no larger than In 1903 and 1904,
In which seasons cotton sold at 16
cents and 17 cents respectively as a
conserjuenco of rJbs enforced adjust
ment of the world's trade to the re?
duced supply.
In ths pavt ten years the world's
cotton consumption has Increased
about <8 per cent., or 4.3 per cent an?
nually. In no year since 1&70 has It
v r shown a decrease of more than
4 1-2 per cent. This includes, it will
no soen. the panic* of 1872 and 1893.
Although I was st tlrst disposed to
beltevo the panic of 1907 would be
more acute in Its phenomena of dis?
tress and nwore serious in its conse?
quences than any kind that had pre?
ceded It, It Is now evident that,
thanks to the solidarity of the world's
financial organisation and th-j patriot?
ism of Mr. J. Purport Morgan, the
shock has been ah*orbed and distrib?
uted with ie?s breakage and the re?
covery has been more prompt than
had seemed possible. So far as the
effect u^>r?n the cotton trade U con?
cerned as rhown by spinners' tak?
ings, thj reduced demand has been
'.?onrtn-'d entirely to America, where
In six months ?pinners have bought
40 jVer cent, less cotton than they did
In ihe same period a year ago. For
4*a month* Jobbers and distributors
"f cotton goods have bought practi?
cally nothlrg. In the same period,
America, despite the panic, has bCUfl
growing dally richer The crops
which we have marketed have
brought u? something over seven bil?
lions.* Our annual increase H wealth,
a* estimated by the census, is about
four thousand million dollars a year,
? r twelve million dollats a day. For
the month . f January the balance of
trade In favor ot the United States
was 9120,009.004. against 8fi2 000,
00o last year, and for Ihe past revon
months our exports of merchandise
have exceeded our imports by 34 31.
00 ).000. Tbs deposits of the bank*
In Chicago arc now the largest in the
history of that city, and throughout
ths country surplus bank reserves are
larger and money cheaper than for
many years.
While trade slill languishes and
credit is still impaired, it is improv?
ing. Such condition as those cited
above cannot long be without effect.
They are precisely the reverse of
th?se which existed six m ?nths or a
year ago, and they will have precisely
the reverse effect. Already copper
which was the first great commodity
to decline, has advanced, and some
13,000,000 pounds were sold la*t Fri?
day at an advance of nearly one cent
per pound. Within two weeks there
if to be held in the city of Baltimore
"prosperity convention" it which
an attendance of sev?ral thousand
merchants is expected. No doubt this
gathering will reveal the fact that
while wholesaler and Jobber have for
some five months ceased to buy, the
retailer has not ceased to sell or the
agriculturist to consume. The latter
Individual, It Is well to remember,
couHtl'.utts 65 per cent, of our popula?
tion. He has received extraordinary
prices for his crops of the past year;
he Is In a posMon to buy laigely. and
the universal report is that?of cot?
ton goods especially?the Shelves are
bare. Five months' complete stop?
page of distribution and partial stop?
page of manufacture means the cre?
ation of a great vacuum In America.
So fur as the supply of raw Cotton
n America Is concerned, there Is less
of It to fill this vacuum than at any
time for many years past; and if upon
thia situation there shall be Imposed,
as now seems not Improbable, talk of
a late crop and diminished sales of
fertilizers, the limitations of a sensa?
tional advance ore hard to measure.
Theodore H. Price.
WHY SO WEAK?
Kidney Troubles May be Sapping
Your Life Away?Sumter People
'Have Learned This Fact.
Whep a health^ man or woman be?
gins to run dowry without apparent
cause, "becomes weak, languid, de?
pressed, suffers backache, headache,
dissy spells and urinary disorders,
lopk to the kidneys for the cause of
It all. Keep the kidneys well and they
wfll keep you well. ftoan's Kidney
Pills cure sick kidneys and keep them
well.
W. R. Kitlam, living in Florence,
S. C., says. "Doan's Kidney Pills, did
me more good than any other (rem?
edy I ever used* They cured me of a>
very lams back and a bad attack of
headache 'from which I suffered for a
long while, and could not find any
way to Telleve It. Several times I
could not work on account of my
back, and the dull, heavy pain took
all the strength out of me so that I
could hardly stand up straight much
leas work. The kidney secretions
were strong, dark, thlok and contain?
ed a sediment If left to stand. I used
different remedies, but without any
beneficial effect at all until I got
Doan'a Kidney Pills. I was very much
surprised at the result obtained from
their use. My backache left me, the
kidney secretions cleared up, the
strong smell 'eft them and my back
became stronger than It had been for
a long Urne. I give all the credit for
these results to Doan's Kidney Pills."
Plenty more proof like this from
Sumter people. Call at A. J. China's
drug store and aak what customers
report. ?
For sale by all dealers. Price 60
cents. Foster-Mllburn Co., Buffalo.
New York, sole agents for the United
States. (
Remember the name?Doan's?and
take no other. No. 5T.
Bishop W. W. Duncan continues
very 111 at his homo In Spartanburg,
and there was a slight change for the
worse on Thursday. '
Three Assyrians tfave been sent to
the chain gang upon conviction of
selling liquor In Marion.
Seven negroes are to be tried Tor
murder at Edgefleld next week. ?
The Clyde Line which recently ad?
vanced freight rates to Charleston has
restored the old rates on some classes
of merchandise as a result of a protest
by Charleston business men.
John Taylor, white, has hen con?
victed of selling liquor in Columbia
and sentenced to pay a fine of $100.
One 4-year-old child was burned to
death and two others, aged 2 years
and 15 years, respectively, were eerl
ously burned at Greenwood on Thurs?
day.
Thirty negro laborers at the Flor?
ence railroad shops went on a strike
Monday.
One of the sides of the German
Emperor mentioned little is his great
love of music. His attendance at the
opera Is very frequent, and he never
leaves until the final curtain. He
takes an active lnterst in the
arrangement of the programs of the
court concerts, which are laid before
hi in for approval by Richard gtrauss.
He Is a great admirer of Wagner, but
Bach's and Beethoven's compositions
also are among his favorites. He
maintains the opera, and in 1007
spent nearly $1,000,000 more of his
own Income on grand opera and com
?c opera at the roval theatres in Ber?
lin and Wiesbaden than the receipts
amounted to.
?Don't cough your head off when
you can get a guaranteed remedy in
Bees Laxative Ccugh Syrup. It Is
especially recommended for children
as Its pleasant to take, is a gentle lax?
ative thus expelling the phlegm Crjm
the system. For coughs, cohls, croup,
whooping cough, hoarseness and all
bronchial trouble Guaranteed. Sold
by Si by it Drug Co. 3-l-3m
noiseless firearm imented.
-\
DEVICE OF MAXIM'S SON TO PRE?
VENT THE NOISE OF THE
EXPLOSION.
Ah Soon as DuUet Escapes This Shuts
Down and All Noise is Prevented?
Device Works on Cannon as Well
as Pistol, and is Very Simple?Ex?
perts Say Invention Has Great Val?
ue.
New York, Feb. 26.?Hiram Percy
Maxim, son oX Sir Hiram Maxim, in?
ventor of the gun which bears his
name, has secured patents for a silent
firearm. It is announced that by tho
use of the device patented, the dis?
charge of any firearm from the pistol
to the largest gun is rendered practi?
cally noiseless. The invention con?
sists of the use of a device similar to
the "muffler" used on automobiles to
deaden the noise of the constant ex?
plosions by which the gasoline engtno
Is operated, it is In the shape of a
muffler attached to the muzz'e of the
firearm through hvhlch the gases
which drive out the bullet or the shell
are allowed to escape gradually with?
out the effect of an explosion.
By this device, ay hich does' not al?
ter the appearance of any weapon ex?
cept for a small cross-piece in the
barrel a short distance from the.mur?
ale, the escape of the gases following
the discharge of the explosive is shut
off just as the bullet emerges from the
muzzle. This result is obtained by
means of a piston valve sliding across
the bore of tho barrel immediately
atfer the bullet pases. * This valve Is
actuated entirely by the pressure of
the gases themselves and is not ope?
rated by any Intricate mechainical de?
vice.
Preventing the gases from escaping
I suddenly and provoking a coi.sequcnt
loud report, this valve allows them to
I issue gradually through ? a series of
Ismail holes, thus obviating all noise
I except a slight hissing sound. The
I valve then resumes an open position
land a safety device prevents the firing
I of another cartridge unless the valve
Iis *n Its proper place. Further otn
I munition of various kinds may . be
I used ranging from leaden bullets and
I ordinary gunpowder tC forced steel
projectiles Impelled by smokeless
I powder.
I Military .experts apprised of the new
I invention assert that it holds the
I power to force a revolution of modern
I methods of warfare. By use oi this
I noirielese weapon skirmishers could
I work along an enemy's in nt and
I shoot down pickets without the pres
I enco being noted except upon the
I discovery of the slain.; Sharp-shoct
Ier8 would be enabled to pick off their
I victims without reports of weapons
I betraying the positions.
I In the world of sport it is h? Id by
I the Inventor this new weapon would
I render it poilble for a man properly
I concealed to kill at his leisure prob
I ably every deer In a surprised hefrd as
I no alarm ujpuld be sounded. From
I cover on shore a man armed with
I this nolsolcs?* gHm might pick off every
I bird In a flock' without alarm* rig the
I lessening number to flight.
Because of its dreaful possibilities
I in the world of crime, many police
I officials have already Insisted that the
I manufacture and disposal of the. new
I device must he safeguarded by law
I Armed with such a weapon a pollce
Iman might be enabled to disable ev
[ery member of a band of law-break
I ers should he surprise them at their
I work.
L On the other hand, it would he
[equally dangerous in the,possession of
la desperate criminal. The assassin, by
I its use, would be enabled to pick off
I his victim and find opportunity of es
I caping.
The Charleston postoffice received
Friday two box cars of stamped en?
velopes and postal cards, that oillce
having been made an agency of the
postofTlce department for the distri?
bution of these supplies through
South Carolina and Florida and jointly
with the arrival of the supplies came
an order from seven posto'fices in
Florida for supplies Which were
promptly ailed. In the basement of
the Charleston postoffice which is to
he the rtore room of the postoffice
ag.-r.cy, the stamped envelopes and
postal cards word stored, aggregating
In value $96,000.
It Is easier to do a charitable act
than it is to refrain from talking
about It.
H0LLI8TERS
Rocky Mountain Tea Nuggets
A Buty Hedioln* for Buiy Peopls.
Brings Ooldoa Health sad Renewed Vigor.
A specific for Constipation, Inditrtwtlon. Lha
and Kidney Trouble*. Pimples, Eczema, Impure
Blood, Pad Breath, Bhiralsh Bowel*. Headache
and Baokache. It's Rocky Mountain Tea in tab
let form. 8% cents a box. Genuine made by
Holmstsr Daco Company, Madison, Win.
30LDEN NUGGETS FOR SALLOW PEOPLE
1>. A. a ENTERTAINMENT.
A Large Audience Attended and Was
Pleased With the Pt rfoinmnce.
A large and appreciative audience
was present at the entertainment
given in the Opera House Thursday
evening by the Daughters of the Rev?
olution, and the affair was a success
from a financial point of view as well
as in point of artistic merit.
The programme was an interesting
and attractive one, and it was charm?
ingly rendered. The songs, drills and
dances pleased and delighted the eye
and ear, and as there were numerous
children in the cast, many proud and
admiring parents in the audience felt
a keen personal interest in the success
of the entertainment and the applause
with which the various numbers were
received.
She WTas Not a Lawyer.
A church building on the island of
Mane is built of blocks of white
coral. I
It is computed that the English
language is spoken by 350,000,000.
A rat recently caught at Gateshead*
on-Tyne measured 18 1-2 inches.
At the hearings in Kingston for the
appointment of receivers for the sus?
pended Brooklyn banks, this story
was told on Edward M. Shepard:
Mr. Shepard was trying a case and
the first witness was a frail-locking
woman from whom the lawyer expect?
ed no trouble. ?
"And when did this happen?" *sk
ed Mr. Sheppard.
"I think?" she began, when Mr.
Sh?pard stopped her.
"It isn't what you think, bu'. what
you know that we want," he said.
"Don't you want to know what I
think9'' asked the frail looking wom?
an, mildly.
' I do not"
? Well, then," retorted the wit ness.
"I might as well leave the witness1
stand. I can't talk without thinking:
I'm not a lawyer."?New York Sun.
According to the news columns of
the Constitution, the Atlanta recorder
had 20 cases of drunks before him
one day !ast week. Prohibition seems
to prohibit in Atlanta all light, all
right.?Wilmington Star.
Southern Standard of Satisfaction
Snowdrift
H0GLESS LARD
<l Made by Nature. As pure,
as healthful, as wholesome as
the grape of the vine or the
i\g of the tree. >
?JFor all cooking ? better,
cheaper, and healthier than
the best of the hog?as good
?s butter for most purposes.
The Southern Cotton Oil Co.
NEW YORK- S&VANNAH -NEW ORLEANS-ATLANTA ? CHICAGO
THE
Bank of Sumter.
Capital, $75,000 -:- Surplus,]$47,000
t
Does General Banking Business. Four Per
Cent. Interest, payable Quarterly, on Deposits
in Savings Department -:- -:- -:
PROMPT AND COURTEOUS TREATMENT GUARANTEED.
RICHARD I. MANNING, MARION MOISE, W. F. RHAME,
President. Vice President. Cashier,
Branson9* Sanatorium
For the Treatment of Stock.
Having erected commodious quarters on my premises, No
541 North Church St., I am well prepared to treat, scientifically
and humanely, all diseases of Horses, Mules, Cows and other
animals. Sick animals boarded at reasonable charge. Write
or Phone me.
DR. JOHN I. BRUNSON,
Veterinary Surgeon, Sumter, S. ?.
Office: -314South Sumter Street ? :?:
Qot 28, *07? 2m?Monday and Thursday. I
Phone:-No. 493
CABBAGE AND BEET PLANTS.
For the next few weeks I will fill all orders fot
cabbage and beet plants at tbe following prices: 1000
to 4000, $125; 5000 to 9000, $100; 10,000, 90c.
Special prices on larger lots. Casb with order or C.
O. D. if prefered. We guarantee satisfaction and
safe delivery of plants.
I have all of tbe leading varieties, The Earl*
Jersey Wakefield, tbe most popular early variety .
Tbe Charleston Wakefield. a few days later br |
desirable for garden planting. lu tbs latei
I have Succession and The Late Flat'* Dutol >tfa
toduoing large fiat heads. Plants now ready for shipment, my i nai at
pentiou given to all orders.
W. P. CARE,, Meggett- S. C.
>EES LAXATIVE COUGH SYRUP
IBit CONTAINS HOMY AND TAR. CONFORMS TO NATIONAL PURR FOOD AND DRUGS LAW*
M An improvement over many Cough. Lung and Bronchial Remedies, because It rids tha
W system of a cold by acting is a cathartic on tha bowels. No opiates. Guaranteed to giro
_ r eatisfacUon or money ratunded. Prepared by P1NEULB MEDICINE CO., CHICAGO? U. S. A*