The watchman and southron. (Sumter, S.C.) 1881-1930, December 24, 1913, Image 8

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!i TOHCCO COMPANY. i.mm.! m m u puii nuii PH tobacco k MtMiits. ? ,inn< r> < r -ounter * ounty Who I'lanI I lu*<?n Will hhltlc 1?IM> \m< in: TlicmM'hc*? l-'rw Tohut-co Stt??l to Ho riirnNlKMl. The ONI National Hank has mad arr.mgementa to distribute, free of cent t" the tobacco planting farm? ers, a quantity of hr?t class tobacco e?ed. These See?! w-re purchased im- ?>t the m?..st reliable and ex? pert.an ? .1 Ittel ' I IfBSi tflif OOBMl? tatlon lit-tur. :i I * i. i I, nt i;. \. Lem rron and a well kimwr tob.ic > gi<>w rt and warehouseman of this section of South Carolina. Through the efforts of the Sumter t'hambiM of Cesnsseees ami ?esatef Retail M< r< hant v hundred dollars in cash have been ed by the business and pr - fesional men of Sumter for prizes to be awarded In competitive tobacco gr. wing rontests. '1 be following list of subscribers to the prtae list shows the interest that the business men of Sumter take W the agricultural development of Sum? ter county. There are still more o come as a number oi business m a were out of the city last summe, v > ? n the committee went around. Secre tary Reardon stales that he will com ? ? the canvass of the busin >s es? tablishments shortly tor further do? nations as ho knows that a number of the enterprising Sumter firms and profeaaional men and manufactur ers are anxious to join in with la\0M who have already subscribed. W. H. Shelley & Son.$50.00 l>avls D. Moise. 25.00 L. D. Jennings. 25.00 K H. Belser. 25 on I). J. Chandler Clo. Co. 25."0 Stubbs Broa. IMI at J. Harby. 25.00 Oeo. D. Shore A: Uro. 25.00 8lberfs Drug Store. 25.00 John H. Clifton. 25.0) W W an I S. K. 1 lowland . . 25.0) McCallum Realty Co. 25.0) J K. Croaawell. . . . . 25.0 ) W. B. Burns. 10.0) J K. King. 5.0) W. a. Thompson. 5.0) J D Blandlng. 5.0) Levy A Moses. 5.0) M ( Metropol. M ) W. B. Upahur. 6.0 ) Chan J. Klngmun. 5.0 ) Ralph Hill. 5.00 Sumter Steam Laundry . . . . 5.00 Parrott Milling Co. 6.00 Ryttenberg at Co. 5.00 11 It. Campbell. 5.00 Sumter Hottlmg Works .. .. 5.00 K. L. Wltherspoon. 6.00 E. t. Leach. 6.00 V. H. Phelpa. 6.00 Cuttlno * McKnlght. 6.00 Shaw ami Mcddlum Mer. Co. 1 cost suit.25.00 Sumter Clothing Co., suit.. 25.00 Sumter I m \ < i.I> CQ. 25.00 Perry Moses, Jr.. $1,000 life in? surance policy for one year. Kultman Pros. 15.00 Burns Hardwar. Co.10.00 C. ft D. Pharmacy. 60 cigars ? n i lated Insurance Com? pany. $1.000 ins. poh'y for one year. M. Reynolds. |.00 e. W. a. Hu'tman. 1.04 a. J. Ard. 6.00 K. W. Vogel. 6.00 I W. It. Itoyle for Co., one |0| to? bacco fertiliser 1'oyle Live Stock Co.. I one horse wagon, value. 3<>'?'? T. 11 Jenkins. |t.M J. W McKiever. . . . ,. 6.00 a K. r.oatlck. 5.00 MeCormack Jewelry < V? .. .. 5.00 II. I*. Tlsdale. r.oo Watson Drug C. 5.00 T. C Scaffe. 6.00 i Consolidated Mercantile Co .. 6.00 II. N. Krasnoff g) G. 10.00 l?eLorme's Pharmacy. 5.00 C. C. Beck. 5.00 M. Oreen. 6.00 (>uPant Hardware Co.10.oo MONEY tor MRs. <.\ll,l.\ltl? Senate Voles h l.ouo for Widow of Late ? o tlneer, Washington, Dee. 17.--on motion of Senat..r oOorman. of New Yor U. < hiilroom of the committee on Inter oeeanlt* canals, the senate today adopt? ed the resolution already passed b> the house givi- n Mi Katherlne (lull lard one jear' Hilary, about $lt,aau, wbl'b would ha.e uone to her hu* band, the |Sj|i Col I? l> Caillard. as ? member of the Panama Canal con mission. >'? nator Tlllman had reu?l into iho records I letter from S. P. Vern?*r. a pSsSJttl I'arohnalan. ROW ntatlon?d in the <'h>.| Zone, paying high IfSJPtl ??> Col ?laillar I s u lus and devotion to dut M m H e ? laVee m Ret oni. Licensee to marry hi\o gejfg is-uied t* the foii.i\%Hig eotored couples Urand Alston and Nell,.. Kendrlek. Brogdon; Harold Anderson and | .Una Pl*?rM,,n. Dalgalll M .liiki it, Alston and Julia Phillip. Wedgeteld, WOULD OBEY SHERMAN LAW. AMERICAN TELEPHONE AM) TELEGRAPH COMPANY ?V1HEE1 TO A DISSO? LUTION. President. Attorney General and Oth? or* Hellet c it Kffectfl ParpoSfS Sought IVttcr TIimiu Court DoOTBtJ Could. Iis Provisions. Washington, Dec. 19.?Attorney General M (Reynolds tonight made public details of an agreement for reorganization of the American Tele? phone and Telegraph company?the "telephone trust"?which will prevent litigation to dissolve that corporation under the anti-trust act, and under which competitive conditions will be restored in the telephone service of the entire country and the combine will dispose of its holdings in the Waatarn l'nion Telegraph company. The reorganisation plan originated with the company, although it follow? ed many reports that a suit against it 1 might be tiled, it was tonight re | n tled by department of justice offi? cials as the most striking indication offered in a decade that "big business'' has come to the conclusion that it is better to conform to the Sherman law 1 than lighi it. The plan met not only the approval Of the attorney general and his chief , "trust buster," G. (\ Todd, and official* of the subsi liaries of the combine, but was heartily approved by Presi? dent Wilson. In a letter to Mr. Mc Ibynolds, tho president expressed his , admiration i ?r the attitude of the telephone company and his conviction that such conduct on the. part of the business men meant a building up of business on sound and permanent lines. i Coming on the heels of the an ; nouncement that Postmaster General Hurleson Is s riously interested In government ownership of telephone lines, the action of tho department i of Justice took on an added signifi? cance and some officials went so far as to express the opinion that It in? dicated that legislation to acquire the ' country'., telephone business would not be pressed by the administration at the present session. In brief tho agreement provides that: t? !^*/vg The American Telephone and Tele 1 graph company will dispose promptly of its holding* in the Western I'nlon Telegraph company, so that each con ! cern shall be tinder distinct manage? ment and so that all shall be entirely independent. The company hereafter will not ac? quire control of other telephone com panlSi and where control of telephone companies had been noqulred, but no actual physical union had been effect? ed, the American Telephone and Tele? graph company will submit the course it is to pursue to the interstate com ! merce commission and to the depart" ? meat of justice. The company promptly will make airaagomenti by which other tele? phone companies la the United states ? shell have access to Its toll lines. Department officials declared that the agreement gave the government more than it COUld have hoped to ob tala in c ourt. Officials were particu? larly plsassd with the last part of the agreement by which the Bell com? pany gives long distance service to ?tbseribers of other companies. The agreement will not affect the ?ull entered Several months ago to ?Ivo the connection of the Bell i ompany with the Pacific Telephone and Tel? graph company, the West Coast branch. President Wilson's letter, written to the attorney general today, was one of the most Interesting document* made public In connection with tin settlement. It reads: "My Dear Mr, Attorney General; "Thank you for letting me see the letter from the American Telephone and Telegraph Company? it is very gratifying that the company should thus volunteer to adjust all business to the Condition! of competition. "I gain the impression more and more ft< ,,i week to week that busi? ness men am sincerely desirous ot < onformlng with the law and ?t Ii k'Srj gratifying indeed t0 have occa? sions, as In this instance, to deal with then, m complete frankness end to be able to show them that all we d?sire is an opportunity to cooper? ate with them. So long as WS Sit dealt with In ti is spirit we can help to build >'p th? business of the ooun? try upon sound ami permanent lines. "Woodrow Wilson." Mr McReyuolds, n accepting the American Telephon? and Telegraph company's offer wrote to \. <?. Kings? bury, \ice president of the company, as follows! ? permit me to acknowledge, with expressions of appreciation, your let* tet of December lt( outlining tin course of action which the telephone companies composing the Bell sys tern obligate themselves lo follow In the future. "Tottf frank negotlntloni in respect of these matters compels the belief that what you propose will be Car? ried out |S gOOd faith; and II seems In me I bar thai sieh aclion on your, GOVERNMENT IS CRITICAL WILL CLOSELY SCRUTINIZE TELEPHONS DISSOLUTION. Stock .Manipulation Sim ihn- to stand? ard CHI ami American Tobeooo Jobs Will be Vigorously Opposed? QoierilHieilC Ownership Propaganda iicid i p. Washington! Dec. 20.?The govern? ment Will Olosely examine the plans of the American Telephone and Tel? egraph for its surrender of thirty million dollars of stock it holds in the Western Union Telegraph Co. Any attempt to distribute the stock as was done when the Standard Oil and American Tobacco were "dissolved/' will bo vlgorouly opposed by the De? partment of Justice. Holders of tel? ephone stock will not be permitted to hold Wetsern Union stocks. It Is now generally believed that thers will be no litigation looking to government ownership at this session. Congressman Lewis, of Maryland, declared today that voluntary disso? lution Will not affect his light for government ownership of the tele? phone system. part will establish conditions under which there will be full opportunity throughout the country for compe? tition in the transmission of intelli? gence by wire. "May I take this occasion to say that the administration desires to co? operate with and to promote all bus? iness conducted in harmony *vith law, and that, without abating the insist? ence that the statutes must be obeyed, it always will welcome opportunity to aid in bringing about whatever a*1 justments arc necessary foi *e cstablishment of lawful conditions without litigation." The announcement of the agree? ment for a reorganization came to? night at the conclusion of several months of negotiations. Mr. McRey ftoldl took, up the question early in his administration and officials of the telephone company from the first showed a willingness to do anything in reason to satisfy the governpicnt's lawyers. There never was a serious hitch In the ptangi and Mr. McHeynolds clear? ly Indicated to the telephone officials not only his desire to avoid litiga? tion, but his aversion to tiny scheme for government ownership. The plan finally was submitted to tin- attorney general with the state? ment that the company wished to "put its affairs beyond fair criticism." Some of the details of the reorganiza j tion yet are to be perfected. The de? partment has such confidence in the corporation's desire to do the right thing, however, that it has left such matters to its otllcers. Although exact information as to the extent of Western Union stock held by the Bell company tonight wa* not available, it was understood to be about CO per cent. Mr. MeRey nolds has no desire to force the com bine to clear its treasury of this stock In any set period of time. From the point of view of tho sub? scriber to an independent tolephom ...stem one of the most interesting pans of the agreement is that promis? ing him use (,f the through lines ot the Bell company. Under the agree? ment an Independent company maj secure connection with Bell toll llnei by supplying standard trunk lines t? connect With the Boll toll boards, the Bell company Opening the entire tolls circuit when connections are made. Servile will be given with Bell BUD* scribera or other independent com? panies served by exchange more thai '?0 miles distant from the place when the call originates, independent sub scrlhers paying In addition to regulai Bell toils, a connection charge of it Cents for each message. This chargi will not be made on business knowi as "long lines" business and long linei business will be accepted for lesi than 50 miles as well as for a grcatei distance. The authorized capital stock of the Bell eompany December 31, 1912, was 1500,000,000, its bonded Indebtednest at that time about $106,000,000. Prom October, 1!'<??;. to April of the current y? ar, it had paid 8 per cent annually The Western Union has an authorized capital of $100,000,000, practically all of which has been issued. Lato in 1911 In- American Telephone and Tel? egraph company held more than $2'.', 000,0(10 of this BtOCk. The Western Union has paid 3 I'd' cent since Jan? uary. 1000. Officials tonlghl do not believe that either rompnny will be affected great? ly by the announcement. Tin y sa> thai telephone officials have explained that the connection between the tw< concern** never has been such thai tin earnings of one went to pay the div? idends of the other and the operating expenses und overhead charges am all other accounts of each have been quite distinct. Mr McReynolds has horn told thai the American Telephone and Tele, graph company, despite its stockhold? ing in the Western Union, has treal ed the Postal Telegraph compan) with equal opportunity tor use ol its facilities. CURRENCY BILL PASSES. DEMOCRATIC MEASURE BY VOTE OF 31 TO 31 GOES THROUGH SENATE. All Democrats stand Finn at End? Hltcheook Rejoins the Party and six Republicans and one Progres? sive Go With Majority. Wilson Pleased at News Tliat Bill Passed. Washington, Dec. 19.?The admin? istration currency reform bill, pro? posing a revision of the financial sys? tem cf the United States and the cre? ation of regional reserve banks to act as stabilizing elements in the bank? ing and financial world, tonight pass? ed the senate by a vote of 54 to 34. Forces that had fought together for amendment of the measure to the last divided when the final vote came. Senator Hitchcock, who had led the opposition to the bill, returned to the Democratic ranks ?and Senator Weeks, one of the leaders on the Republican side, with five other Republicans and Senator Poindexter, (Progressive) voted for the passage of the meas? ure. Wide differences exist between the form of the legislation passed by the senate tonight and the bill that sev? eral months ago pased the house. Democratic leaders already have partly bridged these differences, how? ever, and it was tonight predicted that the bill would be completed by a conference committee and sent to President Wilson for his signature* by Monday night. The adoption of the administration bill, known as the "Owen bill," fol? lowed upon the formal defeat, by 41 to 41, of the Hitchcock bill, which had been indorsed by Senator Hitch? cock and the live Republican mem? bers of the evenly divided senate committee that passed on the legis? lation. The senate previously had re? jected, without a roll call, a "central bank" bill offered as a substtute by Senator Purton. Through the afternoon, when a vote on the bill was momentarily exnected, Mrs. Wilson, with a party of friends from the White House, S* ~-"tary Mc Adoo, and Joseph P. Tumulty, x'resl dent Wilson's secretary, were interest? ed spectators of the senate's proceed? ings. Galleries and the floor of the senate were crowded throughout the day and the passage of the measure was greeted with unchecked applause grom the galleries. To hasten final enactment Of the bill, the senate tonight named Its conference committee, which will work with a house committee to com? pose the difference between the two hills. The members are Senators Owens, O'Gorman, Reed, Pomerene, Shafroth and HolllS, Democrats, and Nelson, BrlstOW and Crawford, Re? publicans. Members of the house conference committee already determined upon are Representatives Glass and Korbly, Democrats, and Representative Hayes of California, Republican. The house tomorrow will name its conference committee. Many of the chief points of dif? ference already have been gone ovei between currency leaders of the two bruises in conference with Secretary McAdoo of the treasury department, and it Is believed but a short time will be required to reach a compromise. Among the chief points of differ? ence between house and senate arc tho following: The hOJSe provided for 12 regional banks; the senate for "from eight t< 12," discretion being left to the fed? eral reserve hoard. The senate added a provision cre? ating a fund to guarantee the deposit.1 Of failed banks that arc members ol the reserve associations. The house limited the rediscount of commercial paper at the regional banks to that maturing In 90 days the senate provided that ISO-day agri? cultural paper could be accepted un der certain limitations. The gold reserve required of the regional reserve banks against cir? culating notes was placed at Wo 1-: per cent, by the house and at 40 pel cent, by the senate. Hanks would be permitted to loan on live-year farm mortgages by the senate bill; on one-year mortgages by the house bill. Senator La Pollette proposed two amendments which caused n mild sensation. One of them was written Into the bill and the other rejected by an overwhelming vote. The first provided that n< United States senator or representative in congress shall be a member of th" federal board, a director In o federal reserve bank or an officer or director of any member bank. M] <|oiit' believe that any Cnlted states senator (,r member of congress should be allowed to dlrectlj or In directly profit from this legislation," said Senator Lfl Toilette. "Theft have been intimations afloat that or? ganisations are contemplated under this legislation thai may be par* liclpated in bj members of one or both houses of congress." Tins amendment was adopted with Mm a roll call. The second amendment provided DEPARTMENT OF AGRICULTURE TAKES UF NEW WORK. Ciomson College Will Ik? Headquar? ters to Carry on Poultry Work? F. 0. Hare of Bureau of Plant In? dustry in Charge. Washington, Dee. 19.?After a number of conferences with ofliclals of the department of agriculture, Repr?sentative Lever today succeed? ed inducing the department to be? gin poultry work in South Carolina. P, C. Hare of the bureau of animal industry has been detailed to begin the organization of poultry clubs throughout the State and his work will be in connection with the dem? onstration work under W. W. Long. Mr. Hare will be stationed at Clem son college and will work from that point as a base. He will attend poul? try shows at Chester and Union and immediately begin the work in the State. "I regard this undertaking to en? courage poultry raising in the State as of very great importance." Mr. Lever said, "for I have never been able to see any reason why South ' Carolina is not as well adapted to ' poultry raising as is Missouri or any ! of the other great poultry States. We must prepare in every way possible for the approach of the boll weevil, \ and every source of revenue which j we have built up in the meantime will enable us all the better to with j stand the weevil's first attack upon ! our cotton crop. WTith the great In ! terest in live stock raising, the organ? ization of pig clubs and this new work of poultry raising, the situation i looks encouraging." Marriage License Record. Licenses to marry have been issued to Ben Prierson and Bessie McCoy, Hrogdon; Hezekiah Rose and Eliza? beth Taylor, Wedgetield; Murphy Riley, Eastover, and Minda Harriion, ? Wedgefield; Preston Jefferson and Jane White, Hagood. that no member of the federal re? serve board, any officer or director of a regional or member bank ?houict be a director or officer of any other bank, trust company or insurance com? pany. This Senator I^a Follette said was designed to prevent the "money trust" from gaining control of the new sys? tem through interlocking director? ates. "The Standard Oil Company," he said, "started out some years ago to combine enough of the banking inter? ests to effect a control of the financial situation. A dozen leading banks and trust companies were brought to? gether into an organization at the head of which stood the National City bank. Another group, the Morgan group, was organized with the Na? tional Hank of Commerce at its head, controlling brother dozen banks and trust companies. This pa-allelled the Standard Oil group and these two great combines account for the con? trol of money and credits and capital in the great centre of finance in the Western Hemisphere. This bill pro? poses to give to these same men who have organised this combination, con? trol of the regional hank In New York and k does not stop there. They would reach out and elect directors In hanks at St. Louis, San Francisco, Chi? cago and Boston." Senator Owen declared he favored prohibition! against interlocking di? rectorates, but that the La Follette amendment would destroy much of the effectiveness of the new law. Jt was defeated, 51 to .'io. Senator Hitchocock announced his purpose to vote for the senate bill as finally completed because of its great importance to the financial world. "My whole tight has been to strength? en and improve the bill and to pre? vent hasty and blundering legisla? tion," he said. Senator Weeks said he would vote for the measure because it was M75 per cent, good and only 2i> per cent, bad," and an improvement over ex? isting conditions. President Wilson was gratified that the currency bill was pas.sed by so big a margin, but he issued no for? mal statement of comment, reserving that until he actually signs the meas? ure. it tonight ' ecame known that sev? eral Democratic senators were en? deavoring to secure an agreement among the members of their part) In congress not to recommend any one to the president for positions on the federal reserve board, leaving the sub? ject as free from political Influences an possible. Senator Kern is being urged to issue a statement of this kind on behalf of the Democrats of the senate. The house tonight adjourned to 10 o'clock tomorrow. Instead of to noon as usual, so as to formally reject the senate amendments t<? the bill and pave the way for immediate action bj the senate when that body convenes at noon. The conferees of the two houses probably will be at work with? in a Ii w minutes after (he senate meets. HUERTA IN DESPERATE FIX. XA TONAL INPO YERISIPMENT THE CHIEF TROUBLE. Provisional Government May Ia.-?t Many Months, But Fall Seeins Cer? tain?Many Plans to Get Money. Mexico City, Dec. 20.?National impoverishment and an increasing orgi.niaztion among scores of rebel ban Is have reduced the Provisional Government to what appears to be a desi erate situation, but conservative resident? or the Federal Capital pro? fess to see, in the recent military op? erations and the continuation of Pro visicnal President Huerta to secure money, even though in drl^ets, evi? dence that the government may not fall for many months unless some un? expected turn for the worse occurs. This was pay day for government employees, and in almost all depart? ments there was little delay in meeting the pay rolls. That the government may not be able to float another loan generally is conceded by Mexicans, but none has lost sight of the fact that the country is rich and that Gen. Huerta, as a last resort, would not hesitate to take money where he can find it. Already a drastic measure has been discussed by the Cabinet?that of the confiscation of the property of all in? dividuals who are known to have ar? rayed themselves against the Huerta government. The measure has not yet received the full approval of the min? isters, but if adopted it will prove a rich resource. Collections that fall little short of being forced loans have been made in cities outside the capi? tal and Provisional President Huerta's new order for the establishment of a militia at the expense of business men generally in the various States is in line with his policy to draw directly from the country the revenue neces? sary for carrying or. the war. PROTECTS SEED INDUSTRY. Iicver's Bill Requires Government Sta? tistics Which Would Keep Farmer Posted. Washington, Dec. 20.?As previous? ly e utlined by the Kews and Courier, Representative Asbury F. Lever in? troduced a bill this week requiring the director of the census to collect statistics concerning the quantity of cotton seed purchased and delivered to o i mills, the quantity crushed, the quantities of the various crude products, such as oil, meal and Unt? ers, obtained, also tiie quantity of , these products and of refined oil pur? chased by compound lard, butterine and oleomargarine mnaufacturers, and i.he quantity of the various pro? ducts on hand at given dates. Mr. Lever feels that legislation of this character is necessary because there has been a great deal of specula? tion and manipulation of the prices of cottoi seed and its products. The prices have been increased and de? creased without regard to the actual production, or to the quantities of seed and oil on hand. The value of the seed obtained from the crop for 1912 was estimated at $128.590,000. It is essential that the Federal government collect statistics concerning this important product in the same manner that it collects sta? tistics concerning the quantity of cot? ton ginned, the quantity consumed by manufacturing establishments, and quantities on hand. The bill just in? troduced and the Act approved July 22, II 12. cover all of the products of the cotton plant which are now of commercial value. It will give the producer information concerning the quant ties of cotton teed purchased by the oil mills and the stocks on hand. It will furnish tie oil mill man with information of this character and also with statistic concerning the quantities of crude and refined oil, meal and cake on hand, the quantities of oil purchased by the manufacturers; and the stocks on hand it given dates. CALAMITY HOWLERS REBUKED. Ptmmmmt Wilson Pays His Respects to Knockers. Washington, Dec. 22.?President Wilson paid his compliments to the Calamity howlers today when he in? dicated to callers that the Nation's executive understands his duty dur? ing hard times and proposes to keep busy at all times. The President is deeply pleased over the evident in clinoth n of business interests of the nation to conform to the provisions of the anti-trust act, but declined to make B spec ific statement on busi? ness conditions of the country at the present time. He restricted his be? lief that the American Telephone and Western Union would adjust thom selves to local requirements. BRYAN TAKES HOLID \Y. iJuetwary and wife spending Week itl Florida. Miami. Fla., Dec. 22.?Secretary of State Bryan and wife arrived this morning to spend a week at their Winter none. Mr. Bryan refuses to be Interviewed on any subject.