The watchman and southron. (Sumter, S.C.) 1881-1930, December 14, 1910, Image 2
UP TO CONGRES":
President Breaks Record For
Length ot Document
DEFENDS PAYNE TARIFF ACT,
Dealt With Panama Canal, Postal 8av
inga Bank, Paroela Pott and Conttr
vat ion Aaka For Raise of Judicial
Salaries? Recommendation For Fit?
ting Honor For Pmmry.
Washington. Dec. 6,?The president
eeut the following nieaaage to couyress
todaj:
To tbe Senate and House of Itepre
aent stives:
During tbe paat year tbe foreign re
tatlons of tbe United States have con
tinned upon a basis of friendship and
?rod understanding.
Tbe jeer bee been notable as wit?
nessing tbe pacific settlement of two
Important international controversies
before tbe permanent court of Tbe
Hague.
The arbitration of tbe flsber' ?s dis?
pute between the United Stares and
Great Brltsln. wblcb has been tbe
source of nearly continuous diplomatic
eerreepondence since the fisheries con
rent Ion of 1818, bas given an award
wbk-h Is satisfactory to both parties
Peace Committion.
Appreciating these enlightened r- nd
toe lea of modern times, the congress
At its lest session ptestd a law provld
tng for tbs appointment of a corumls
sloo of fire members "to Ik? appointed
by the president of tbe United States
to consider tbe expediency of utilizing
?listing International agencies for tbe
porpoae of limiting tbe armaments of
tbe nations of tbe world by Internat ion
?J agreement and of constituting the
combined nsvles of the world an Inter?
national force for the preservation of
universal pence end to consider end
report upon any other means to dluitn
lib tbe expenditures of government for
military purposes snd to lessen tbe
probabilities of war "
Tbe work of tbe International fish?
eries commission appointed in lbOS,
under tbe treaty of April 11, 1006, be?
tween Greet Britein and tbe United
States, baa resulted In tbe formula?
tion and recommendation of uniform j
regulations governing the fisheries of
the boundary waters of Canada and
?fee United Pts'es fur the purpose of |
? pw*r*r?ng aiid tu?.-roastmi thi aup| ly
et* food fish m stich watrra
The Far Eatt
Tbe center of interest lu tur eastern
eifelra during tbe past year baa again
been China.
It la gratifying to note that the ue
gotlstlons for a losn to tbe Chinese
government for tbe construction of the
trunk railway lines from Hankow
southward to Canton aud westward
through tbe Yangtse valley, known as
tbe llokuang loan, were concluded by
tbe represents tlvea of the various
financial groups in May last and tbe
renalis approved by their respective
govern me Ms
Tarif Negotiation*.
The oew tariff law In aection 2 re
spevtlnje the maximum and minimum
tariff* of the United States, which pro
visions came into effect on April 1.
1010. Imposed upon tbe president tbe
responsibility of determining prior to
thst dnte whether or not any undue
discrimination exlated against the
United States snd Its products In any
country of tbs world with wblcb we
easts I ned commercial relations.
The policy of broader and closer
trade relations with the Dominion of
Canada wblcb waa Initiated In tbe ad?
justment of tbs maximum and mini?
mum provision of tbe tsrlff act of
AoguM. 1900, hss proved mutually hen
tdctal It justifies further efforts for
tbe readjuatment of tbe commercial
relations of the two countries so that
tnelr commerce may follow the chan?
nels natural to coutlguous countries
snd l>o commensurate with the steady
expansion of trade and Industry on
both "ids* of the houndsry line.
The Department of State.
All tariff negotiation*. mo vital to our
commerce and Industry, and tbe duty
of Jealously guarding the equitable an I
jost trestmeut of our producta capital
sod industry abroad devolve upon tho
department of stste
r fTorta of that drpnrtment to
cure for cltlssna of the Untied Mats*
equal opfMirtuultloa in the market* of
tbe WSJfti and to wxpaud American
comm..roe hsvs b??en most auc<e??afnl
The < dome of hoalneae obtained In
sea holds of competition aud upon
uta Mm ?? already very great, and
ron. P urg*d ?" l SS^tSSM ??? -?;
port Pa ?artmtn? of atato lu Ita en
dee*"*" f t furthvi trade rtpaiiNion
An ?f?<*tr imsntallt* Imllapoiiaable t ?
the 11 N ItNfaffeal SAd natural develop
IT*oii? \ me'Wan commerce la inor
ft >iit SMfta* kti maritime and com
mere la I oat1 ?t.t recrgnlxe tho Itnpor
tence of thb. factor. The greatest com?
mercial p .Hons, our oocni>etltors, Jeal?
ously f'ster their merchant marine.
I sP tided to this most important sub?
ject .n my last annual message. It has
ofte i Usmi U-fore von. and 1 need not
recapitulate the reason a f<** lta r.>m
menuntl n ' nless prompt action \>e
taken the completion of the Panama
canal v III find this tho asl) great com
morels nation MMbM to avail hi Inter
national maritime business of this great
eontrlbuf Ion t . 'h<- me.ins of the world*
commercial Intercourse.
For many reasons I cannot too strong
ly ur?'. m . -Ii rross tho paasaue
of a measure l>> mall subsidy or other
?ubventi . ? to guarantee the
establishment uud rapid development
of nu Amerlcau merchant marine, the
restoration of the American Hag to Its
ancient place upon the seas.
Estimates For Next Year's Expanses.
The final estimates for the year end?
ing June 30, 1J12, as they have been
aent to the treasury on Nov. 20 of this
year for the ordinary expenses of the
government. Including those for pub?
lic buildings, rivers and harbors aud
the navy building program, umount to
$030,404,013.12. This Is $52.004.887.30
less than the appropriations for the
fiscal year ending June 30, 1011. It is
|H.1 IUI H less than the total esti?
mates. Including suplcmcutal esti?
mates submitted to congress by the
treasury for the yenr 1011, und Is $5.
674.0o0.30 less than the original esti?
mates submitted by the treasury for
1011.
These figures do not include the ap?
propriations for the I'unumu cunul, the
policy in respect to which ought to be
and is to spend as much euch year as
can be economically uud effectively ex?
pended in order to complete the canal
as promptly as possible, and there?
fore the ordinary motive for cutting
down the expense of the government
does not apply to appropriutious for
this purpose. It will be noted that the
estimates for the Panutua cuual for
the ensuing year are more thau $30,
000,000, an increase of $20,000.000
over the umouut appropriated for this
year, a difference due to the fuct that
the estimates tor 1012 Include some?
thing over $10.000.000 for the fortifica?
tion of the cnual.
Agulnst the estiumtes of expendi?
tures. $030.404.013.12. we have esti?
mated receipts for next year $080,
000,000, making a probable surplus of
ordinary receipts over ordinary ex?
penditures of about $r>0.000.000, or.
takiug into accouut the estimates for
the 1'anama canal, which are $50.920,
847.09 aud which will ultimately be
paid In bonds. It will leave a deficit
for the next year of about $7.000,000
If congress shall conclude to fortify the
Canal: The cost of the fort ideations
Is about $10.000,000. Should there be
no appropriations this year for fortifi?
cations then there would be. even in?
cluding the Panama canal appropria?
tion, a surplus of about $12.000.000.
It Is not essential to the preventing
Of smuggling that customs districts
should be lucreused lu number. The
violation of the customs laws can be
quite as easily prevcuted and much
more economically by the revenue cut?
ter service aud by the use of the spe?
cial agent traveling force of the treas?
ury department.
Very great improvements have becu
made In respect to the mints and as?
say offices. Diminished appropriations
have beeu asked for those whose con?
tinual) is ojmexessgfy, und this
year of exp ases la $320,000
less than two years ago.
LU of engraviug uud
ies have been
, SjaTactsd. DssetSb u.visions have been
abolished, with the result of saving
$440.000 this year In the total ex?
penses of the bureau despite increased
business.
Revenues.
As the treasury department Is the
one through which the Incomo of the
j government Is collected and Its expend
1 itures are disbursed this seems u
proper place to consider the operatiott
of the existing tariff bill, which he
j came a law Aug. 0. 1000. As an lu
i come producing measure the existlug
tariff bill has never been exceeded by
any customs bill In the history of the
country.
The corporation excise tax, propor
tloned to the net Income of every bus!
ness cor|K>rution In the country, has
worked welL The tax has been easily
collected. Its prompt payment lndl
I cates that the Incidence of the tax has
not been heavy. It offers, moreover,
an opportunity for knowledge by the
government of the general condltlou
and business of all corporations, and
that means by far the most Important
part of the business of the country. In
the original set provision was made
for the publication of returns. This
provision was subsequently amended
by congress and the matter left to the
regulation of the president I have di?
rected the Issue of the needed regula?
tions snd hsvs made It possible for the
public generally to know from an ex
smlnatlon of the record the returns of
all eorpoi-jnions the stock of which Is
listed ou auy public stock exchange or
is offered for sale to the general pub?
lic by advertisement or otherwise. The
returns of those corporations whose
stock Is not so listed or offered for
sale are directed to be open to the In?
spection and examination, of creditors
and stockholders of the corporation
whose record Is sought The returns
ef all corporations sre subject to the
Inspection of any government officer or
to the examination of any court, In
which the return made by the corpora?
tion Is relevant and competent evi?
dence. *
Ths Payne Tariff Aet
The echedulss of ths rates of duty
tn the Payne tariff set have boon sub
Jected to a great deal of criticism,
some of It Just, more of It unfounded.
! and to much misrepresentation. The
' set was adopted In pursuance of a
dtsdaratlou l?y the party which '? ro
spotistblo for It that a custom* bill
should be s tariff for lbs protection
of home Industries, the incusuro of the
protection to be the difference between
the cost of prodththg the Imported ar
tide abroad und tue . od of producing
It at home, together With lUCh addl
tlon to that d'fference a night five
' a reasonable profit to the home uro
duccr
The hct?K for the rlM I-sin of tin-*
I tan.: Is Itltu In i ? 1 ?? h mifule r
I of He ? ???- ? ? i ?<! ne ? t re I
j S/SS m" : . ? , ? . . ::. t dl,! ?'t I
etn e . ?? I!.?'.. i?f I
! ?1. 1.1
: lain ' ? ' ? ' ire*
II Little, if any, ul ill* ? Ml i in ol 11.? 1
tariff has been directed against the
protective principle above stated, but
the main body of the criticism has been
based on the charge that the attempt
to conform to the measure of protec?
tion was not honestly and sincerely ad?
hered to
Tariff Board.
The time in which the tariff was pre
pared undoubtedly was so short as to
make It impossible for the congress
and Its experts to acquire the Inform*
urn necessary strictly to conform to
theocclared measure. In order to avoid
critie^m of this kind io the future and
for tht purpose of more nearly conform
Ing to the party promise congress at its
last session made provision at my re?
quest for the continuance of a board ere
ated under the authority of the maxi
mum and minimum clause of the tariff
bill ami authorized this board to expend
the money appropriated under my di?
rection for the ascertainment of the
cost of production at home aud abroad
of the various articles included in the
Bchodules of the tariff. The tariff
board thus appointed and authorized
has been diligent in preparing itself for
the necessary Investigations. Tue hope
of those who have advocated the use
of this boa.Vi for tariff purposes is that
the question of the rate of a duty im?
posed shall become more of a business
question and less of a political ques?
tion, to be ascertained by experts of
long training and accurate knowledge.
The halt in business aud the shock to
business due to the anoouticemeut that
a new tariff bill Is to be prepared and
put In operation will be avoided by
treating the schedules one by one as
occasion shall arise for a cbauge in tin
rates of each and only after a report
upon the schedule by the tariff board
competent to make such report.
It is not likely that the board will be
able to make a r??i>ort during the pre*
ent session of congress ou any of the
schedules, because a proper examina?
tion Involves an enormous amount of
detail and great deal of care, but I
hope to be able at the opening of the
new congress, or at least during the
session of that congress, to bring to
its attention the facts in regard to
those schedules in the present tariff
that may prove to need amendment
The carrying out of this plan, of
course. Involves the full cooperation
of congress In limiting the cousidcra
tion In tariff matters to one schedule
at a time, because If a proposed smend
ment to a tariff bill Is to involve ?
complete eonaktetatton of nil the
schedules und soother revision then
we shall only repeat the evil from
which the business of this country has
In times past suffered most grievously
by stagnation and uncertainty, pend?
ing a resettlement of n law affecting
all business directly or indirectly, and
the effect of which no wise business
man would Ignore in uew projects und
new Investments. t
The Inquiries which the members of
the tariff board made during the last
summer Into the methods pursued by
other governments with reference to
the fixing of tariffs nnd the determina?
tion of their effect upon trade show
that each government maintains an of?
fice or bureau, the officers and em?
ployees of which have made their life
work the study of tariff matters, of
foreign and home prices nnd cost of
articles lmporied and the effect of the
tariff upon trade, so that whenever a
change is thought to be necessary in -
the tariff law this office is tho source
of tho most reliable Information as to
the propriety of tho change and Its ef?
fect.
1 am strongly convinced that we
need in this government just such an
office and that It can be secured by
making the tariff board already ftp
pointed a permanent tariff commission,
with such duties, powers nnd emolu?
ments as it may seem wise to congress
to give. It has been proposed to en?
large the board from three to five. The
present number is convenient, but 1
do not know that an Increuse of two
members would be objectionable.
1 recommend that congress establish
a commission to determine ns early as
practicable a comprehensive policy for
the organization, mobilization and ad?
ministration of tho regular army, the
organized militia nnd the volunteer
forces In the event of war.
Need For Additional Officers.
One of the great difficulties in the
prompt organization and mobilization
of militia and volunteer forces Is the
absence of competent officers of the
rank of captain to teach the new army,
by the unit of the company, the busi?
ness of being soldiers and of taking
care of themselves so ns to render ef?
fective service. This need of army
officers can only be supplied by pro?
visions of law authorizing the appoint?
ment of a greater number of army of?
ficers than are needed to supply the
commands of regular army troops now
enlisted In the sorvlce.
In order that the militia of each
state should be properly drilled and
made more like the regular army, reg?
ular army officers should be detailed
to assist ths adjutant general of each
state In the supervision of the state
mllltin. Hut this Is Impossible unless
provision Is made by congress for s
very conslderablo Increnso in the num?
ber of company and field officers of
the array.
Fortifications.
1 have directed that tho estimates
for appropriation for the Improvement
of coast defenses In the United States
should be reduced to a minimum,
while toots for tho completion of tho
needed fortifications nt Corregldor, In
ths Philippine Islands, nnd nt Pearl
Harbor. In the Hnwnllnn Islands,
should be expedited as much as possi?
ble.
Philippine Ulands.
Dating the last summer at my ro
quest the secretary Of war visited the
Philippine islands and has described
his trip in bis report. He found the
islands In a state of tranquillity >?11?I
growing prosperity, due largely to the
change In the tariff laws which has
(Continued on page 3.)
Are Drugs Necessary?
Do Drugs Cure Disease?
Gan Nature be Assisted?
If people ws-ro born right and after-1
urdi liv?d right, thwre would be no f
use for medUuuo. 12 very doctor knows
this. So do other well-informed people.
One thing more. Whan a person live*
?,vroagly,or acquires bodily weakness by
heredity, mcdleino can do o^y very
little. Medicine cannot cure him. Only
charlatans claim that medicines will
cure discaso. Medicines may 'palliate
symptoms. Medicines may urge the
powers of Nature tore*ist disease. Med?
icines sometimes arouse tbs efforts of tho
human hotly to right itself against de?
rangements. Thll is L ie most that ruod
lcine can do.
A man accidentally puts hts flngsr in
the flro. Instinctively he wtte bis
finger in his mouth, thon blows on it
for tbe cooling effect. This is no cure.
He knows it, very well. But it make? it
feel better f ?r the time being.
People eat unwisely. This produces
dyspepsia or Indigestion, The only
rational cure in to eat correctly. Yet if
a palliative i* ut hand tho i>a.ins of indi?
gestion can be mitigated, the throes of
dyspepsia assuaged* Tho medicine can?
not be said to ha\ o cured* It simply
palliates disagreeable symptoms. Tbe
cure must come through right living.
Take Pcruna, for Instance* No one
claims Peruna is a cure for dyspepsia.
But Peruria will stimulato tho stomach
to perform ite function \ roperly. Peru
na will increase Urn flow of digestive
fluids, without which digestion cannot
be carried on at all. It will increase the
relish of food, tho appetite.
It Is admitted that all this cas be
accomplished by right living, but t We
are so many people who either will not
or do not know how to eat correctly that
a tremendous amount of good Ott'., be
done by the wies nee of Pcruna.
A stomach that has been freqmemly
abused performs tke function of diges?
tion very lastly. Buch a stomach allows
the food to remain undigested for some
time after it is swallowed. This leads
to fermentation ef the food. Sour stom?
ach is tbs result. Tare goes on week
after week, mmtfl the blood Is poisoned
with the prod nets ef fermentation. This
condition is very apt to produce rheum?
atism.
It is not claimed that Pcruna will core
rheumatism. Nothing will cure rheum?
atism but correot living. But it Is
claimed that Peinna will assist a badly
abused atom ach tojjcrforrn its work.
If a person would correct hi* habits,
persist lu right eating and temperate
ways, undoubtedly the stomach wotrid
righ t itself, the blood would rid itself of
the poison, and cvurytkiug would be
right. But as said before there art* a
multitude of people who will notorcan
not adopt right methods of living. To
such people Pcruna is a boon. A dosa
before meals will assist tho stomach to
do its work. This prevents fermenta?
tion of the food, brings about normal
digestion, and all tho train of ills that
follow indigestion disappear.
In other words, Pcruna is helpful to
those who lire badly, or those who
have acquired some chronic weakness.
Pcruna does not cure, but it assists the
powers of Nature to bring about a cure.
The whip docs not increase the power
of tho horse to pull a loud, but Judi?
ciously used it stimulates the horse i.o
use his powers at the right timo, with?
out, which he could not have pulled the
load.
This Illustrates the effect of Peru n a,
or any other good remedy upon the sys?
tem. Taken at the right time, it calls
j forth the powers of the human system
to meet the en roachments of disease,
and thus cuts t hort.lf not entirely euaj,
the diseased action*
No one should ever attempt to tnbstl
tuto medicine in the place of right liv?
ing. In tho end such an attempt will
provo a di -aster. But an occasional uee
of tho right medicine at the right time
is a godsend, and no rc^ouable person
will undertake to deny it.
Those who know how to use Persne
find it of untold value. By and by the
world will get wise enough so that
through correct living no medicine at
all will be needed. But that time has
not arrived. In the meantime, while
the world is approaching that perfec?
tion in which all medicine will be elim?
inated, Pcruna is a heady remedy to
have in the house.
Slight derangements of the stouaaeh;
slightoatarrhal attacks of the liver, the
throat, bronchial tubes, lnugs or bow?
els; these attacks are snrs to lead to
grave diseases, and can be averted Uy
the Judicious nes of Pcrsna.
Wouldn't; you l'ke to read a few un?
solicited testimonials from people who
have used Pcruna, and who stand ready
to confirm the above statements con?
cerning it. If so, address the Peruna
Drug Manufacturing Co., Colnaabua. I
1 Ohio, and we w?l send some prepaid* i
Prices Reduced Until Jan. 1st.
Until January ist we offer to the trade at reduced prices:
Stalk Cutters, Buggies,
Harness, Seed Drills,
And One and Two Horse Plows.
Call and see our goods and get our prices before you buy.
The S. M. Pierson Co.
Dont Let It Slip
TfKrouc|ri your Fingers
Pot it in TflC
THENTfoU
will Have
Wise old BENJAMIN FRANKLIN, when he died, willed
$5,000 to the city of Boston. This money was to be put out
at compounded interest. One hundred years thereafter (in
1893) this $5,000 and the interest Emountcd to $431,733?
YOUR MONEY will grow if you'll let us keep it for you.
We pay liberal interest consistent with safety, 4 per cent.
MAKE OUR BANK YOUR BANK.
First National Bank
OF SUMTE R.
in The Magistrate's Court.
In The Magistrate's Court.
Bam Iii? bardson was- arrested and
ct mmttted to jail Friday, on a war?
rant sworn out by J. H. Mercer i"
James Brisbane ans committed to
jail yesterday on the charge of dis
posing of crop under mortgage.
fore Magistrats Ef, U B. Wells foi j \\ IIlam Francis :m<l Isaalh James
mortgaging property that he did notl wen released from Jail this morning
have and buying other property and
carrying it out of the state.
by order of Magistrate Wells for lack
of prosecution against thehm.
OoofM Like Bomtcr.
Several days ago, Jdr. Stanley, who
out <>n Purdy street, was disturb?
ed by Strangs Boise* la the attic of
his house, which he at first attributed
to rau*. but later, as the scratching
and growling went on. he decided that
the animals were larger than rats and
must be cats. The noise kept up and
after some time he went up in the
attic to Invest Igste, and in a pile of
old paper and trash he ran upon three
full grown coons which had found a
hole In the eaves of the house
through which they had come to their
home in the building. ,
\V*hen the animals were molested
by him they at once scampered out
through the hole and made off across
the loi> inwards the swamp. Mr.
Stanley said that they had been liv?
ing in the house for some time but
that until they made so much noise
at night and during the day as to dis?
turb him, he had not notice them and
it is no telling how long they may
have stayed there as the house was
vacant for some time prior to the
time that he moved into it.
He did not shoot the coons as he
was afraid that he would set the
house on fire and he did not try to
catch them as he was afraid of their
teeth.
REPORT SENDS COTTON DOWN.
Decline of $l.r,0 a Bale Follows Active
Liquidation US llcsult ol C<DftU& i
Report,
New York, Dec. 8?There was a de?
cline of about $1.50 a bale in the cot?
ton market today as a result of active
liquidation following the census re?
port showing 10.129.0U0 bales ginned
to December 1. These tigures were
larger than expected and seemed to
shake the confidence of bullish opera?
tors in a government estimate of 11,
500,000 bales tomorrow.
The market closed at the lowest
prices of the day with the various
months showing net losses ranging
from 23 to II points.
During the early trading, leading
bulls reiterated their confidence in a
bullish crop estimate and seemed to
be giving the market support, and
there ill a little trade buying.
After having sold about 15 to 24 net
lower within half an hour after the
publication of the report, there was
a rally of several points. Later, how
ol erlng became heavier and in
1 la-i !u, :r it I k-n ajs though.
Some o' tl ? b-rdjPM i . ::??<* wertf>!
? r.sf red:.-i I, Imparting a TiC-rvoue
b ..e t" the market at i nding prices
to the lowest level of the day.
May sold at 14.85 or 55 points be?
low the high record of the season and
about 13 points under the closing fig?
ures of Wednesday.
Sentiment after the close was
greatly unsettled and there was a
wide divergance of opinion as to the
probable showing of the government's
estimate which is to be published at
2 p. m. tomorrow.
Estimates of the Egyptian crop are
being lowered as a result of usfavor
able weather dcring the past six
weeks and private advices received in
the local market today placed that
yield at 750,000 bales short of last
year. Trade estimates of the current
American crop formulated prior to
the publication of the census figures
todany ranged from about 11,000,000
up to about 13,000,000 and averaged
about 11,690,00 bales.
COTTON GAINS IN NEW YORK.
(iovcrnment Crop Itcport Cause?
Sharp Advance in Active Deliveries
?New High Record.
New York, Dec. 9.?The govern?
ments' annual estimate of the cotton
crop was published today and caused
a very sharp advance in prices of all
active deliveries, making new hir
records, with May contract selling at
16 1-2 cents or 64 points, equal to
$3.20 per bale, over the closing fig?
ures of the previous day. At this
price there wns sensationally heavy
realising by bull speculators, but the
prospect for an American crop of
11,426.000 bales, excluding Unters,
seemed to be bringing In buying or?
ders from all directions and after a
quick break from 15.60 to 15.13 May
quickly rallied to 16.30 in an active
market. There was a big business
right up to the last moment and the
market closed firm at a net advance
of 37 to 4S points with May con?
tracts quoted at 15.30 compared with
14.S6. the closing price of last night.
SUNDAY SCHOOL MASS MKETDfd.
Innual Collection for Christmas Cund
To Re Taken Cp.
The annual mass meeting of the
Sunday school will be held in the
Presbyb rlan church at 4 p. m. Sunday
December 1Mb at which time the
regular collection for the Christmas
fund for distribution of presents
among the poor of the city will be
t iken up and committees appointed.
All superintendents of Sunday schools
and pastors of churches are requested
to announce the time and place of
the mass meeting.