Historical Newspapers of South Carolina

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CALM hT \TFMIM UXAYH I t. \lt IS PTPTHIU Klill. !?.??.? i. ?l\ No F.icltement Following gassnattonsl Failure of Kuhn tiroup of Institutions. Ptttaburgh. Pa.. July 8.?To the de? cisive statement of Secretary Mc* Adoo of the treasury department. Issued tonight. Is attributed the restor? ation of almost normal conditions In financial Pittsburgh tonight, despite the closing yesterday of the doors of the First-Second National bank, an Institution which has been accredited one of the strongest In the country. While the situation was ?*nse in the financial world yesterday and little In? formation ss to possible development" was obtainable, the flat statement of facta of the secretary seemed to de? velop an overnight optimism thai grew as today advanced. The clos? ing of he First-Second was naturally follows J by suspension of Its affiliat? ed berk, the First National of M< Keesp ?rt. snd the appointment of re? ceivers for the banking house of J. & f W. S. Kuhn. Ine . whose princi pali were the majority stockholders of both Institutions and a like action w.th the American Waterworks and Quarantee company, an enterprise fathered by tb*? Kuhn Interests. An? other Kuhn Interest which was af? fected, the Pittsburgh Bank for Sav? ings, suffered somewhat from the complication, a run being started on It yesterday, chiefly by small deposit ore. This continued, somewhat in? creased early today, but It appeared to abate ss the day wore on. Crowds) assembled near the bank building and the sidewalk about the n Hiding were roped off with mounted police prancing their horses within the lines cn the sidewalk. The people -were forced outside the ropes Into the middle of the street. The crowds were made up mostly of curious spectators. The small groups of depositors that entered the bank were promptly paid $1 upon demand, as yesterday, and required to give the legal notice of 30, tf* or *0 days to withdraw other amounts above stated figures. Yesterday $67,000 was withdrawn from the bank while the deposits were IfT.eoo. Todsy's figures In this re? lation were not obtainable but it is assured the withdrawals today were under yesterday's figures. There was a report that a million dollars had been shipped to tne Pitts? burgh Bank for Savings today from Philadelphia, but this ?um not veil ned and was discredited by clearing house members who verified the state? ment of the bank made yesterday that this bank has $5,000,900 in cash and tf.OOt 000 In quick assets, enabling It to meet any stress or emergency. About noon the announcement was made that J. S. Kuhn, the president, and W. P. Kuhn, the vice president, had resigned, snd that W. J. Jones, the former secretary and treasurer of the bank, had been made president, with A N*. Voegtly. formet assistant to ?r. Jones, as secretary and treas? urer, while J. M. Plummer, a direc ? tor, was made vice president. From the time of this announcement during the rest of the banking hours the reo perreptlMy abated and the crowd disappeared, until at closing time the streets near the bank differed from no ether business thoroughfare. Statements as to the American Wa? terworks aid Quarantee company were not forthcoming today, the de? lay being attributed to the delay in the appointment of the fourth receiver which Federal Judge Orr announced should be a man having no business Interests with the Kuhns. Several business men have refused the appointment No developments were announced from the First-Second National bank toaSe.y and none was expected until the IsjgggeSjft ('. 0 Murray, has had an oppo.'unity to assemble the assets of the bank and had be**n enabled to |g certain Its liabilities. It is expected that within a few days a call w 1 he sent nut to depositors to present their1 books for balancing towards the end that an accurst* amount of the bank's Indebtedness may be learned. Chief Intercut now centres In the steps that mav he tsken by the gov? ernment In sn Investigation Into < i mlnal liability In connection with the bank failure. United States Ins trbt Attorney John ft Jordan, through whom the ?r?o Hong in this direction would be taken Maid today he had received no notice from Wash? ington Slong thin line tnif that it w.i t-<?sstbiv a little early for ihn officials to hav had opportunity to decide upon snv coarse of action. Amund the First-Second National bank l rowds of sllens. depositors In the foreign department, continued |o nssemhi* today but gave no cause for acttvltv of police who have kept the * rowd gses/ahg for the past two days. If gem n*>f It under the Washington dste line It SJSny BO paid matter to af? fect public sentiment, but that H onl) an exception to the rub- --Wilmlng ton Ster. The** alien* eoMen*ed Ihemnehroi with copying the notices posted in L?M?R FRANKLY GIVES REASON PLAY1JCG WALL si ui.irrs GAME, III-. INHIHMS PROBEN*. Wanted to VmMnw mi "Explosion." Thereb\ Bringing lllx Kneniic* ? into the OiM'ii.'' uiul Insure Hi - employment of Ills I Heiul I ;mn i bach, l>?M-lar?*? "Wolf or Wall Street" at Lobb> Inquiry, _ i Washington, July 8.?The Senate lobby iru "esttgattng committee took a i look at Wall Street today through tbe spectacles of David Lumur. The dap? per 0P#TfttOf on the bear Hide, who ad mitH that he banded about in th? mar? ket place the names of men high In Congress, took the c mimitiee com? pletely Into his confidence FOV all the machinations he conti l ed there were, after all, he swore, but two I reasons. He wished to cause an "e\ plosion" wha h would bring the Wail street men whom he felt were antag? onistic to him "into the open " and he wished to insure the re-employ? ment of Edward Lauterbaeh, his law? yer friend, who had fallen Into dis? favor with the mighty of the street. Although the committee tried to de? velop that there might have been some other consideration involved, La mar denied such an allegation as of? ten as it was .Made. He was on the stand for several hours, und although five senators wielded the scalpel at various times, they uncovered nothing that Lamar did not wish to reveal. Time after time he seemed to be on the verge of some admission, to which patient questioning had brought him, but he veered away and no per i suasive or lawyer-like threatening could bring him back again. He was only playing Wall street's game, he seid, when he made such frequent use of the telephone and talked about What might be done in Washington through prominent members of con? gress. It was the game he had known most of the twenty-five years he had been in the street, he said, but he was through with it now. He was sorry for the publicity that had been given to the reports of Influence in BARN WELL DISPENSARY EL EC TION. County Su|?ervlsor Orders Election on Liquor Question for Tuesday, Aug? ust 10. Barnwell. July 8.?G. J. Diamond county supervisor, has ordered an elect.on on the dispensary question In Harnwell county. The election will be held on Tuesday, August 19. A number of petitions were circulated over the county recently and there were 1.4 22 names signed to them. After checking over 809 names, Mr. Diamond decided to order the elec? tion, that number being sudkienL SUMTER AFTER FLORENCE'S SCALP. Tennis Tournament Between the Sumter and Florence Y. M. C .A. Klorence Times. Tennis enthusiasts will be pleased to know that a tournament is being arranged between tne y. m. c a. of maiter and the local association, to be pulled off this week or next. Get busy and practice faithfully for this >'<aslnn as It can be made a most pleasant affair. Those members wish? ing to participate will turn their names into the local association and a dale will be assigned for their try out, all those Interested can play in the preliminaries, the four best play? ers will b?? pitted against Sumter. I Get your racket and get busy. You Should Help. Florence Times. Don't blami the paper for not hav? ing the news items that you think SJhOtfM be there. How is the news-' paper to know unless you tell It? The newspaper reporter comes mighty gear being a mind render. but Is not OjnRe, The newspaper wants the news and thanks its friend for each Metn of interest to the people. You must not think that you are left out be< a use the paper is Indifferent tO von and your affairs. All of Its ft lends leek alike to a newspaper and if cannot tell the difference twein a friend and an enemy by his looks and does not ? are to know its enomfes' Identity, for they can'l hurt It materially. it you have anything that will be ot im? lest t.? the neigh* borhood tell us about it. no one vaiII think you immodest or blowing your own trumpet tor notoriety's sake. Keep us posted on who is With yoll and what sou are doing fof the good ot tbe - ountry. their various lengoegea and by late often.n hid bit the vicinity. So Secure did tin- members of the eleerlng house feel in the stsblllty of conditions lhal a meeting which had been s< bed tiled for this after? noon to eonsbh-t the financial situa? tion ?fener;i||\ WSS < ailed off. and of fers of insistence from New York. Chicago ami st Louis were declined Congress, but expect for that he thought tii*' end justified the means. The ? \plosion" had occurred, he added und his encini? s had been drag? ged Into the open to prove chargea circulated for many years In the fin? ancial district against himself and Lauterbach. He summed up his whole Story In a few words when he said: "It was the Wall street K?me I was playing. Jn Wnll .street you don't act like you do on a New Jersey farm." Later he added bitterly: "I am the onlj villain In Wall street. All the others are actuated by the highest motives and possess the highest ideals." i Lamar's examination was finished today and both he and Lauterbach were allowed to go, with the under? standing that If wanted they should appear again. With their departure the commit? tee took up sugar lobbying again for three hours, with a short excursion into the land of the wool lobby. Charles 1). Wescott, a Washington attorney, who lives in Cuba, took up the sugar story again. He told of an unsuccessful effort he made to get Cuban planters to put up $25,000 for the expenses of a free sugar campaign in Washington to offset the efforts of i the anti-free sugar. He declared that his efforts failed after he had believ- | ed It successfully launched, and gave ' it OS his opinion that the "Sugar Trust' had been responsible. He said the trust accomplished thi^ end by its influence with Cuban banks, which could force the growers to do what they wished by refusing to ex? tend them necessary credit. He added that the' "Agrarian League, to which every Cuban grower feels obliged to belong, was dominated by the "trust," and that acting in compliance with the "combine's" wishes, it had oppos? ed a free sugar campaign. Wescott was put through a search? ing cross-examination by Senator Cummins about these statements. He Anally said that he personally did not know anything about trust domina? tion in Cuba, hut his statements were made on information given by the growers. He read to the committee a letter from R. R. Hawley, president of the Cuban-American Sugar Company, of New York, which, he said, was allied with the "trust," in which Hawley opposed free sugar. Senator Nelson caused much amuse? ment when he questioned WOBOOtt about a letter he wrote to Secretary to the President Turn* Uty in the winter, ' urging that Mr. Wilson keep up the . fight for free sugar. The witness said that short.y after i he wrote the letter the lines ~?f the [ free sugar advocates In the ways aad means committee Of the house were "stiffened." "Your letter stiffened up the free sugar tiring line?" said Senator Nel? son. "Well, It stiffened shortly after I wrote it." "Are you sure the President ever read it?" "No, sir " "Well, it acted as a sort of starch On those wavering members of the committee?" continued Senator Ncl t son. w hile the chairman rapped for order and stopped the laughter. "oh. no," the witness said, with a show of embarrassment. Senator Cummins said he could un? derstand the attitude of most men on the sugar question, but was greatly surprised to see an American trying to seeutre free sugar because it would benefit the Cuban planters. Wescott admitted that that was his principal Object He said he never expected a large fee from the conduct of the proponed campaign. The committee room was filled all day long with members of the senate and house. An interested spectator for several hours was Representative Finis J. Carrett, of Tennessee, who is slated for tHe chairmanship of the special house committee which will be ' named tomorrow to investigate the Mulhaii lobby charges. William Whitman, of Boston, one of the men interested in wool, tinder subpoena, will take the stand tomor? row morning before the senate com? mit be. WILL <;<> TO SUPREME COURT. Comptroller General lo Further Re? sist Payment of Dominien Claim. Columbia. July 8.?-Comptroller j General A. \V. Jones late today gave notice that he would appeal to the Supreme Court from the decision of Judge Watts that he (Jones) must honor Assistant Attorney General Fred H. l>omlnlck's claim for $1,250 for services rendered iJoVerm r HI ease In the Kay bond case. In the absein e ol Mr. Potnlnick from the state notice of appeal was served upon the Attorney General's stenog r a pher. The enforcement of the new or? dinance relating to the screening and protection of foodstuff* from Hies and dust for the better protection of the public health Is already meeting with criticism ami objection from some of those who have to make changes in their proper!) in complying with it FIGHT TO iJIMSI. BULGARIA TRYING TO CRUSH OTHER BALKAN STATES. Servians Have liOMt More Men in Present Campaign Ttian In the Whole Previous Wer?Desperate Fighting- Going on?Greeks Hold Cast to Saloniki. London, July ?.?After 10 days' fighting, more severe than any in the last Balkan war. a little light begins to break upon the obscure operations. The Servians have lost more men than in the whole previous campaign, and ?enii-official statements from Bel? grade have the appearance of prepar? ing the public for news of disaster. Desperate fighting with fluctuating fortunes, is proceeding along the Var dar and Bregalinitz rivers, apparently to Bulgaria's advantage. News has been received of the Bulgarian inva? sion of Servia through Belogradchyk. The Bulgarians claim to have defeat? ed the Servians and captured live guns and quantity of other material, and have opened the road to Nish, Ser via's most important fortified town. There is heavy fighting between the Servians and Bulgarians south of Is I tip and in the neighborhood of Kotch- 1 ana. About 200,000 men are engag? ed and the losses on both sides appear heavy. Bulgaria's strategy appears to he to hold the Greeks in check, probably with comparatively small forces, while she deals with Servia. Unconfirmed reports credit the Bul gars with victories near Koprili, giv? ing them the key to Uskup, and with an outflanking movement from the south of Tahymos lake which would cut off the Greek retreat. Saloniki dis? patches report that the Greeks hav captured 16 guns at Doiran. Ev? idence of desperate fighting is found in the arrival of 8,000 wounded at Saloniki. A conservative estimate of the kill? ed or wounded in last week's fighting is from 30,000 to 40,000. Thousands of destitute refugees from the scene of fighting are pouring into Saloniki. The Greeks have made charges against the Bulgarians of burning and pillaging all the villages they aban? don, and of committing murders, mu? tilations and other horrors. WAR IS ACCEPTED. Greece, Servia and Montenegro Win) Resist Bulgaria. Washington, July ti.?The Greek , legation here was informed by its gov I ernment today that without a formal ' declaration Greece, Servia and Mon ? tenegro have accepted war with Bul? garia; that the Greek soldiers had no? tified the Bulgarian minister at Ath 1 ens he considered ihe hitter's mission . at an end, and that the Greek minis? ter at Sofia had been instructed to . return home. FOR NEW ALLIANCE. Federation May Be Formed Without the Htilgars. St. Petersburg, July 5.?The Reich 1 asserts that Pourparlers are passing between Greece, Servia, Montenegro 1 and Romania with the object of form 1 lug a new quadruple alliance. Hu? mors ate persistent that Turkey threatens war unless Bulgaria cvacu | ates Rodosio and the coast of Mar 1 morn, m - GREEKS TAKE TOWN'S. Have Occupied Doiran and Orllankon. Bulgarian Minister Leaves. Athens, July t?.?The Bulgarian minister has left Saloniki. The Greeks have occupied Doiran and the right wing has taken possession of Orllan? kon, on the river Strynum. Advices from headquarters say that news Is continually arriving of victories. RELIEF IN SIGHT. _ I Weather Bureau Promises Hot Wave Will Soon Leave. Washington, July t;. ? Belief from the heat wave was promised today in the weather bureau's weekly bulletin, which states that present pressure dis? tribution over the Western hemis? phere indicates that unseasonably high temperatures need not Im? expect? ed during the coming week, it will be cooler during the first part of the week over the eastern portion of the country, followed by some rise in tem? perature later. Hiuh temperature, with generally fair weather will prevail during the week over the greater por? tion of the country. A moderate dis? turbance is now off the extreme north Pacific coast, but Its eastward move? ment will probably not be attended by more (ban local showers over the Northwest during the early potilon of the week and possibly over the Mis? souri and upper Mississippi valleys about the middle ol the week. The merchant who advertises in due season Is the one who attracts the trade and gets the cash that is in Clr culai ion MILITI A PROBLEM UNSOLVED. I t'ntil siat<' Can Promise Compliance With haw. War l>c|Mtrtmenl Will Not \< t. Washington, July 9.?Apparently the South Carolina militia situation is as much of a nuzzle as it was before the two senators and several mem hers of the house held conference with Secretary Garrison last week in the hope of having federal appropria? tions continued. It is evident that the war department is not satisfied with the situation as it exists at present, at least to the extent of authorizing appropriations to he continued, BD shown by a letter just sent the gov? ernor of South Carolina by Secretary Garrison, of which the following is a copy: "I am in receipt of your letter dated July 2, 1913, which, however, did not reach the department until July 5. In the latter part of your letter you (piote a portion of my letter to you, In which I stated what I was willing i to do and you said that you presume that I am willing to do that. I am. "However, you have overlooked, or omitted to respond, to that portion of j my letter in which I said that this was promised upon your resu ming 'proper relations with this depart.nent by a proper communication addressed to this department. By this, of course, I meant that I must have your assur? ance that I c,nn count upon your co? operation and assistance in bringing about a compliance on the part of i the organized militia of your State with the provisions of the militia law as enacted bv congress. "Under that law I have no power to continue to extend federal assist? ance to the organised militia of any State which does not comply with the law. "Upon the receipt from you of the assurance above alluded to, fed.-ral assistance will be at once resume1., and 1 shall be pleased to do so, and the proposed State camps can then be carried out under the conditions laid down In my le*;er of June 30, , 1913." GOV. BLEASE AND THE MILITIA. i ??? Will Never Comply with Dick Law Vnder Conditions. Colubia. July 9.?When told tonight that Secretary* of War Garrison had made public a letter to the Governor of S*outh Carolina, in which he said that the war department would re? sume relations with the South Caro? lina militia if the Governor would see that the Dick law is enforced, Gover? nor Blease said that if the Dick law requires that he muster out the eleven companies recommended to be mus : tered out, he would never comply with the law. Governor Blease reiterated that he ! is willing to muster out the compa? nies if, after another trial, they fail td measure up to the standard re? quired. Military men here express the opin j ion that if Governor Blease refuses, as Commander-in-Chief of the State militia, to carry out the provisions of the Dick law. the encampments Will not be held, and that the war depart? ment will allow the state militia to shift for itself. ALL BIT CLTIMATI'M. War l><-partmem Won't Furnish Any .More Money. Washington, July 9.?What virtu? ally is an ultimatum in the militia controversy was served on the au? thorities of South Carolina tonight by officials of the war department. The action was taken because of the goV | ernor's refusal to instruct the militia to conform with the requirements that entitle State troops to federal aid. As a result the $70.000 of federal funds available for the South Caro? lina troops virtually has been With* i drawn and the cooperation between ! the regular milltiary establishment and the citizen soldiery has been sev? ered. Secretary Garrison, it was declared tonight, has informed Gov. Blease that unless the federal requirements are observed, cooperation would cease. Brig. Gen. Albert L Mills, chief of the militia division of the war de? partment, almost simultaneously warned Adjutant General Moore of South Carolina that the expenditure of any funds on account of the federal government at the coming state en ?ampment would be made at the hit? ter's risk The action of the war department followed an interchange of sharp let? ters In which Gov. Bleaae declared he would be glad to be rid of federal aid or espionage. There are 3u companies in the State's militia. 12, of which are said to have Ignored the regulations. For Otts, BurttM ami Bruises. In every home there should be a box of Buckten's Arnica Salve, ready to apply in every case of burns, cuts, wounds or scalds, J. ' i Polanco, Delvalle, Tex., R No. 2, writes: "Bueklen's Arnica Salve saved my lit? tle girl's cut foot. \o one believed it could be cured." The World's best salve. Only 2;>c Recommended by your drugglal Advt. PITTSBURGH IT NANCES NOKMAL Bankers Believe Tension Ha* Re? insen1 end situation < lai-ified. Pittsburg, July s.? Conditions in financial clrcules at the closing hour todsy, to all appearances, had reach? ed normal. The run on the Pittsbur* Hank for savings, which was started by the closing of the First-Second Na? tional Hank. Monday, had entirely subsided early in the afternoon, after a resumption of the run this morning had caused some slight anxiety, further developments In the affairs of First-Second National were not loot? ed for until Receiver (\ C. Murray had had opportunity to organize his forc? es necessary In the liquidation of the institution. It was not expected that depositors would receive any divi? dend before the expiration of two months. The First National Bank, of Mr Keesport, is expected to reopen within a week after a reorganization of its officers and directors with the ilim ination of the Kuhn interests, which held the majority of the stock of the First-Second National. Applica('on was granted by Federal Judge C. P. Orr today for receiver? ships for six subsidiary companies of the American Water Works and Guar? antee Company. The companies are the United Coal, the Somerset Smoke? less Coal, the Naomi Coal, the Mer? chants Coal of Pennsylvania, the Isabella-Connesville Col e, and the Pittsburg and Baltimore Coal Com? pany. Three rceivers were appoint? ed for each company, with the excep? tion of the United Coal, for which four will act. The receiverships are made up of these men: Samuel A. Gilmore, James O. Neil. William K. Johnson, Thurston Wright and Robert P. Watt, each serving for several of the companies. The application was made by Uucien Hill, whose residence is given as Mary? land and in the petition for the Isa? bella-Connesville Coke Company, Hill is joined by the company itself. The petitions set forth that receiverships are advisable to protect the property and assets of the company on account of debts due. W\ S. Kuhn, who was president of the First-Sec >nd National Bank, and who was at the bedside of his wife, ill in New England, when the crash I came Monday, arrived home today. I He was closeted with his brother, J. j S. Kuhn, all day and announcement was made that he would have no statement to make for several days. I Bankers generally feel that the tea j sion has been relaxed and the local financial situation greatly clarifieu. WAITS EXAMINER'S REPORT. McAdoo Not Yet Ready to Set Mc? Reynolds on I*ittsburg Bank. Washington, July 9.?Secretary Mc? Adoo tonight decided to await the re? port of the national bank examiner, Samuel Hann, who has been investi? gating the failed First-Second Nation? al Bank, of Pittsburg, before calling upon Attorney General McReynolds to ' take up the question of whether the 1 National Bank Act was violated in any of the operations of the institutions. Immediate reference of the situation to the department of justice was con? sidered by the treasury department early in the day, but this plan was changed to conform to the usual pro? cedure. Examiner Hann expected to leave Pittsburgh Saturday night for Balti? more his regula- station, to prepare a report to Thomas P. Kane, on the re report to Thomas P. Kane, acting comptroller of the currency, on the results of the inspection of the bo^ks of the bank made by himself and Examiner Sherrili Smith. A copy of this report will be furnished accord? ing to present plans, to Attorney Gen? eral McReynolds and United States Attorney Jordan, of Pittsburg. Chairman McKnight, of the Pitts burg Clearing House Association, ad? vised Mr. Kane, over the long distance telephone, late today that the bank? ing conditions in Pittsburg were cleared up satisfactorily. He said the run en the Pittsburg bank lor savings had practically subsided and that some of the money withdrawn was coming hack. National Bank Examiner Williams, in charge of the First National Rank, of McKeesport. Pa., which cloeed its doors simultaneously with the Pitts burg bank, reported that arrange? ments Were being made to resume within a week, enormous and imminent. Surprising Cure of Stomach Trouble. When you have trouble with your stomach or chronic constipation, don't Imagine that your cane is beyond help just because your doctor fails to give you relief. Mrs t; Stengele, Plam tiehl. N. J., writes. ' For over u month past i have been troubled with my stomach. Everything l ate upset it terribly. tine of Chamberlain's ad vertising booklets tame to me. Af? ter reading a few of the letters from people who had been rured by chan berlain's Tablets, 1 decided to try them. I hove taken nearly three fourths .'t a package ol them snd can now eat almost everything that I rant" Kol sale by all dealeit? ? Advi