The watchman and southron. (Sumter, S.C.) 1881-1930, November 01, 1911, Image 7

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STEEL TRUST FIGHT. TTTWVU STIUGGI.F FXrFlTfcD TO IlKOl* IN DKd.MlU K Seierai llrt-oiirM^ Which 1 or|m)ia Uoq'i Attorac) M?> Tukc to Hui Oft* Crucial Point In struggle. Washington. Oct. 27.?The t'nited ?tatee Steel i ..rk...r ? 'lor's first step in the titanic legal battle with the g >% - ernment for its existence will be tak? en Monday. Lv u.bi r i. On that day an array of Iounsel whhh promises t SO BS I of th? n. Hji brilliant legal gftiadl in Amerxa Mil appear before the fatted States ir< utt court at Tren |ML .,. J.. in a hieb the government dissolution suit has been brc hi. January 2. Ill I, the steel corpora it >n is sxnacted to file Its ut.swer to ? government'* sensational charges whi i have hardly been paralleled in any anti-trust sulta everal legal manoeuvres of whtoh thr steal corporation'! lawyers could avail themselves maj postpone the date of their answer, for they have the right to ask the court to give 30 days grace, thus extending their time to February 1. In the meantime they may demur or nie a bill of except! >ns. It is pos eible, however, for the trial to begin January t. The procedure will be foi Judges Oray, Leaning and Bunington to ap? point a master to hear testimony. The master will taks evidence in various parts of the country. It required a year and a half to take the test - gaoay In the Standard Oil case. The government i.opes to do as well with the steel corporatlcn. Wit", testimony In and both sides heard the circuit coon will decide the kesu*. Whichever side loses will appeal and by the operation of the so-called expediting a< t the case will Jump to the supreme court. Department of Justice officials do not believe the outcome of the steel case will be Influenced by the oil and tobacco decision. Attorney General Wickereham today declared he hi I convinced that more than ever that ?ach case must be settled upon Its own merits and that the od and to Lm)Co eases can not faMy be called moiels for solving the trust quee tlon. Mr. Wlckersham was asked today 4f ha hoped to see business return *.o e condition of competition. "1 do not,** he replied. "I can not. he ceo? I do not think It posalbl*. MTsj Msw uut return to our twaddl ug clothse. Ws must readjust ourselves to e new set of conditions entirely. " "Do you think that car be done within the present laws without fur? ther upsetting business " he wss asked "I hope so," replied the attorney general, "but I do not know." "It ought to be made cR*r." con? tinued Mr. W.ckersham. "that there Is no conflict in the steel care between the department of Justice and the Stanley committee which has been In? vestigating the steel corporation. That committee has been conducting its In? vestigations to determine what legis? lation may be desirable to meet the economic question raise i by trusts and combinations; the suit filed by the department of Justice Is a legal proceeding to compel ob?ervs..'ee <? f the law ' When the attorney general whs ask? ed h? he hoped the steel corpora? tion w<mid volunteer to readjust Itsi organisation as had b?en d^ne b<- the Intel national Harvester comp? the eleetrlc trust, the Southern Grocers' aseoctati >n and some ether combina? tions, he Indicated that he expected to such conciliatory move. Department of Justice officials th'nk that It will be a fight to the fin? ish. Mr. Wlckersham declined to say "he is preparing or considering ilnal prosecution, me comment was occasioned b? the fact that the name of Frederick l^hmnnn. solicitor general geei c^' appesr on the r,,tnplalnt. l!um r had It that Mr. Lehmann had not BOef Identified In the government's bill be? cause he wss being considered for the vacancy In the supreme court n by the death of Justice Harlan, and thst ss a Justlc? h* might be called upon to sit In the case. "Rubbish." was Mr. Lehrminn' only comment * hen be heard V rumor. It wss |? gate I that the oflfa ? solicitor general Is so hew; with supreme court ggggf tb.a it \n . Impossible for Mr. Lehmann t.- take charge of the case, though he will be associated with It. it huh de. I ir? d today that Jacob M Dickinson, f- t n *r S4STf>t.<trv of war who ha? t . . n e-igaged as the government's spe< lal counsel, would or. upy the same pom t n in t' ? ihr. t Kr >r.k I Kel Kg* did m the Stand.i O Oil SS ??ffl' il W-iMhlnaton H still woi.Oe? ing h^>'v the preparations for the thing <f lh*? bill were conducted with SttSh r? crecy. The bill aas not set In typ" In the government printing eflses Sg snob petlflon? usually uro. but I r'.nted by the prl\ ite concern ?hM C81I0N MARKET CONDITIONS. I M A ri xIHD RALLIES M Ullvl .D WEEK IN HSW YoKK. south'* Effort* t<> keep Produce on Market Began to Make Them *ohe? Felt In North. New York, Oct. 27.?Cotton dur? ing the week has shown at times un MUtittl1 strength for several reasons, l ist there has been frOil scans v ftlCQ striking a WArktl rendered sensitive by the ereeenct of a large short interest has caused sharp if temporary upturns in prices. A*go some of the spinn- rs. us prices have ippmached '.? certs, tdioW more dis lion to take hold. The exports have been large. Spot markets at times have shown a rather more bel? ligerent tone, and the South is begin? ning to hold buck cotton to a suili clent extent to excite comment here. Waldorf-Astoria shorts have at times covered freely. The greatest part of the short purchases on Wednesday morning of some 150,000 bales was put down to the Waldorf eilque. Yarns have been in somewhat bel? ter demand, and the weekly reports of the mercantile agencies speak of a quickened movement In the dry goods trade. It is that in some quar? ters the crop Is being overestimated and the world's consumption under? estimated. It is also believed that spinners' takings this year are not unlikely to run considerably ahead of the actual consumption, owing to the relatively low prlees. Bears, however, are talking of an ultimate decline to much lower levels on the belief that the crop will be 15.000,000 bales more. They are encouraged In this view by the high record ginning up to Oc? tober 18 as revealed by the census bureau rep.,.as on October 2S. put? ting It at 7.740,000 bales, or about 2.300,000 more than for the same time last year and roughly 1,400,000 more than the previous high record some years ago. Moreover. Manches? ter and Liverpool have been notice? ably depressed by the growing grav? ity of the rebellion In China and the monetary crisis in Shanghai. Southern hedge selling has continued on an Im? portant scale. Some Important Interests, however, !n Wall street and South, notably In New Orleans, are identified with the bull side, and there Is a growing con? viction that the receipts do not war? rant the extreme high crop guesses, while ginning figures are not unlver ially accepted as a sure Indication of the aUe of the crop. At the close coM weather at the 8outh and coverings ?f shorts caused a rally. nitADSTREETS TRADE REVIEW. Trade, Though Showing Little Change. Seems to Reflect Improvement Over Conditions Last Year. New York, Oct. 27.?Bradstreet s tomorrow will say: Trade displays little change, with perhaps a slightly greater tendency toward irregularity. Y'et the consen? sus of reports from many markets, barring some at the South, indleato that retail trade has been materially helped by cooler weather. "It Is generally conceded, however, that trade, wholesale. Jobbing and re tall, tends to reflect Improvement over this time last year, when more or less depression was In evidence. Trade In c :ton goods Id not being helped by he instability of prices and buyers, domestic and foreign se >m to prefer to wait until this situation beCOSACi nr?re settled, even though It || rec? ognized that stocks are light. In the industries the chief events of the Week r rinded the decision of the leading Iron and steel Interest to end Its lease on the Great Northern ore lnndi and the suit of the government for u dis? solution Of the Cnlted States Steel "l poratlan, but so far as actual buy inar of steel and Iron goes the week ? "s developed very little. Prices OntlnUt to tend downward, and some bnvers, seeing that Quotations are very low. are attempting |e purchase ' it loUflOl perioda Pig iron is weak <>r " In The Police Court. Onl) out cans erat triad at noon i ire* i n the Police ('<?urt. the eaat i Dealt Me >r ? for storing alcoholio ?on bstag postponed until the af ?no' n. '1* in tfelaoa g?d In the tolls of the v ai .ur tfy bound for the nexi ? f ?? hundred and twenty days He wad arraated for drunkenness, " Stng, reniNting iirr.-st. and \ i graacy. He plead not guilty, but was found guilty and sentenced lo nay ? n iht Brat two charges and f^o ? h a, second two c hence. As n- bad not the wherewithal to pay r? mi '' ? (i 11 > i \i. i?' ntj chain ga11< for I |i d iys. prlnte supreme court dec lei ?na, it was Intimated al Ihe departinenl ? f fuetloc thai the porerntw ni eon* eldora its eaat practi< lly complete and on the whob? 111 ? ( t .rn.-y general feeli confldonl In folng t.. trial on my Ub-n . a Ir.ady obtained. REPUBLIC Of CHINA. LEADER OF REBEL FORCES' sws HE is PRESIDENT, Sheng Htwin Haul Escorted to Tun Tsjn to Prevent Violence fTose People, Peking. China. Oct -7.?Gen. LI Yuen Heng, leader ol the rebel forces, has Informed the foreign C omuls at ! ankow thai he has bjen proclaimed "president ol tin R ?public ? f China." The foreign ministen hero have exchanged communication! wlt'j Ll upon soveral fubjecta. They object? ed to his announcement that vessels carrying contraband would be sublect to OOnflaoatlOn anil gig i t<> hlS propos? al to edmlneter the custom revenues at tiic p >rt of the Y^ng Tee Klang ind other cities when controlled by hi revolutionists. The latter objec? tion was baaed on the fact that the revenues arc pledged as security tor foreign loans and should be turned over t> the British Inspector general of customs in China. uorts that the minister of war, Gtn. Yin Tchang. is dead, continues In circulation and are believed by many Chinese. Sheng Hsuan Huai, who was re? moved from the office of minister of posts and communications as a con? cession to the national assembly yes? terday, had a narrow escape from as? sassination here today. He fled to the American legation, whence he waa later escorted by a squad of ten sol? diers to Tien Tsln. Edward T. Williams, the American charge d' affairs, denies, however, that Sheng Hsuan Hual entered the American legation today, but says he can not discuss the minister's depart? ure from Peking. The Associated Press has been able to piece together the following infor? mation concerning the flight of Sheng from a proclamation clrculaVd among the members of the national assem? bly. One of Sheng's adherents visit? ed the American legation today and after a hurried conference proceed? ed to the place from which the two ministers returned later to Peking. Later the French, German and British ministers, accompanied by the American charge, drove to the resi? dence of Prince Chlng, the premier, and lodged an objection to a possible decree In line with the wishes of the assembly. Some persons say Sheng departed from Peking Thursday, but that he left by train for Tien Tsin this after? noon seems more probable. At Tien Tsln and Shanghai the foreign resi? dents will give Sheng the protection >f the foreign police. Representatives of the government concerned in the railway and currency agreements felt In honor bound to Intervene for his safety, as they or their predecessors had pressed him to conclude these contracts and also urged him to take the strong stand which resulted In the present upheaval. While the rev? olution had been brewing previous to the conclusion of these contracts it is considered hero that the foreign loan policy Anally precipitated it. T. P. A.'S HAVE BT? TIME, Banquet a Big Success?Many At? tend Despite Bad Weather. The T. P. A. banquet given Friday night by the members of Post G. was a big success despite the fact that the rain kept away many of thi ladies, who would have gone had it not rained, and that Senator E. D. Smith sent In word at the last min? ute thtl be was unable to be pres? ent at the banquet. The banquet was held in the din? ing room of the Hotel Sumter and keeplte the fact that without there was the continual din of the rain beating on the roof, walls and win lows, Inglde was as merry a scene of life and enjoyment as one would "are to see. Many toasts w. re called for ind responded to In good style. Many jokes were told and there was I continual round of merry-making, while the various members and their friends present regaled themselves with the excellent food and drink Which was furnished for the occasion. A WORD To PARMER8. How to Gel Hid of Bine Cent in Cot? ton. At this lime when our farmers Mod it so difficult to pick their cotton and when this cotton In conoequence when tlnally gathered will present that most unfortunate blue ceel which places it down tn the lower grade, we would strongly advise our farmers to pile ibis seed cotton f <r a time In 'loir bouses iind other buildings and let it undergo a sweating pro? cess by which the oil will exude and thoroughly permeate the blu.tton, tb >reby thoroughly transforming it Into i brighter and for more destr able grade. Thus saving to the farm? er several dollars h bale That this statement is correct Is confirmed by the experience of some of our b< st farmers ami we urge a trial. IN A TIGHT PLAGE. LARGE MUSSULMAN FORCE MEN ACES ITALIAN GARRISON. Uncenflorcd Information is That Oc- i capsj&tl Have Difficulty in MSlll tniniag Possession Of Town. Malta, ?ct 27.?Uncensored inior-j motion from Tripoli ii to the effect that something in the natuie >f punic | has seised the city eince it became j known that a Mussulman force of (?00 T?rke and Aral e ere threatening Tripoli. They are well armed ? nd provisioned. Bui for a premature attack by a party of Muaaulmen on ?'-?st Monday the Italians would have been ambush ed, completely surrounded and few would have survived, so numerically superior were the Turks and Aral's. In the subsequent revdt in the city kthe Italians suffered more than ISO casualties before they gained the ascendancy. From 4 0 to 50 Arabs are shot daily in the town. The Italians were taken completely by surprise, inasmuch as the ring? leaders in the revolt had been among the first to hail the occupation of Tripoli by the Italians. Arabs ap? peared on every . balcony, terrace or vantage point, firing on passorsby. It is now stated that no forward move? ment will be made until the arrival of reinforcements. The 15,000 Ital? ian troops in the town are panic stricken over the demonstration and the extent of the Mussulman force. Maltese and other British subjects In Tripoli are asking for warships to protect them. Asks Carolinians to Enter Contest. Columbia, Oct. 2S.?Urging that some exhibits be sent from South Carolina to compete for the cup to be awarded on cotton in the American Land and Irrigation exposition, to be I'held in New York next month, a let? ter received by Commissioner Watson from Mr. R. G. Musgrove. of the ex? hibit department, asks that cotton growers thoughout this State be giv? en Information regarding the exposi? tion. Thi letter states that Texas, Mississippi and Alabama are going to make a big effort to capture the hand? some prize and expresses the hope that South Carolina farmers will also compete for it. The cotton and en? tries must be In the hands of the ex? position management by Nov. 1. REAPING BENEFIT From the Experience of Sumter Peo? ple. We are fortunate indeed to be able to profit by the experience of our neighbors. The public utterances of Sumter residents on the following subject will interest and benefit thou? sands of our readers. Read this state? ment. 'Tis emphatic and convincing. No better proof can be had. E. T. Windham, 20 E. Calhoun street, Sumter, S. C, says: "1 am confident that Doan's Kidney Pills are an excellent kidney medicine and act just as represented. My kidneys did not do their work regularly and I was annoyed by too frequent passages of the secretions. There Wie much lameness, soreness and pain in the small of my back and I had other symptoms of kidney complaint. Doan's Kidney Pills, which 1 got at China's Drug Store, relieved t ie en? tirely and acted as a tonic to my sys? tem." For sale by all dealers. F.lce 50 cents. Foster-Milburn Co., Bcffalo, New York, sole agents for the * nited Stated. Remember the name?Doan'J?and take no other. _No. 13 4, 00 YE.MI8* I^&XPBMKNCK . TriAos Ma/:.\s DtotOMa CCPVRICHTS d & ?nloiily ;;????" ?ai mr *|'IB.?4I hr?e?**lB? I fHVgsU? h II r.-?*sety taJtjOi J ?mwauW UftttnamtiUr ?vt.M.iiutli.d. f\"3?./?:.?^ >>tt fa. iu.. Pixt?ats tat??!? tS?v<xta Miuto ? '.v>, roo?ri>? ?#SMl n?iu*, .mtitMJtvurto, iu IBS Scientific EneilcaH. K haad?o*i<?iy Ui?*tr?MJ w?*Mr. l.?fl*Mt c*t tulotioo ot u .? tuMiui) V?' ?utl. jet ?? v-vu I fiur n.ht, *L SmiA Wy tUl n?^?d^.?OF?. WiUNN ? ii* Now Yerk irassa ocua, as ? au w??ti??mo?. d. c. Pills What They Will Do for Yoa Thoy will cure your backache, strengthen your kidneys, cor? rect urinary Irregular!tlea? build up the worn out tissues, and eliminate the excess urlo acid that causes rheumatism. '1 Pre? vent Bright's Disease and Dia bates, and restore health and strength. Refuse substitutes. SI BERT'S DRUG STORE. DON'T WAIT Wait for next Spring and higher prices?buy now and reap the pro? fit yourself. Some of the Choice Properties Listed With Us now at Quick Sale Prices No. 331 West Hampton Avenue. No. 212 West Hampton Avenue. No. 24 Haskell Street. SUMTER REAL ESTATE? INSURANCE CO., Farmers' Bank & Trust Co. Bldg. Su niter, S. C. TEST DR. HESS' Poultry Pan-a-ce-a -ON TRIAL Did you know that you could feed Dr. Hess' Poultry for the balance of the Winter, all Spring, in fact until the first day of Au? gust, then if you a^e not satisfied that it. has paid, and paid big, We Will Refund Every Cent You Have Paid Us, It is to make your hens lay, to make your chicks grew fast, healthy and strong; to cure gapes, cholera, and roup. Of course, you are expected to keep your poultry free from lice, and for this purpose we know of nothing better than INSTANT LOUSE KILLER. LET US HAVE YOUR ORDER NOW. A. A. Strauss & Co. PHONE 85. SUMTER, S. C. da GEORGE H. HURST, UNDERTAKER AND EMBALMER 124 N MAIN STREET Day Phone 539 Night Phone 201 when t?uVe Harvested YOUR COIN PUT IT Just a few bushels of wheat planted in the ground be? come Many Bushels of grain ; so will the money vou put in our bank from time to time become a BIG SUM. The interest we will pay you will help it grow. Make OUR Bank YOUR Bank. We pay liberal interest consistent with safety. 4 per cent Firsft National Bank OF SUMTER