Historical Newspapers of South Carolina

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

mm mm mm. UQff^FKRKNOK MKL1> JIN WASH? INGTON lt> LAY PLANS TO REVOLUTION UMC COT? TON BV SINKS*}. Plea Laid Befote House Commit to* Vfrmm standardly Product So m to Make It Readily Transform? able lato Collateral or Liquid Ae Washington. Aug. 10.?Complete revolution in the i ? ?thods of cotton marketing was proposed today as a means of relief from depression threatened by the closing of foreign markets during the European war. The plan was laid before the house agricultural committee by experts of the department of agriculture. It contemplates government supervision of marketing, federal standardisation of grades, establishment of a system of warehousing to make baled cotton a solid basis for credit to growers and enable them to finance their crops until advantageous arrangements can SO made for marketing a J. Brand, chief of the division of markets, suggested that the scheme he put In operation through the Lever cotton grades bill, now before the house committee. This bill provides for federal supervision of cotton grading and the Axing of federal egs nils nie for cotton. Mr. Brand sug? gested amendment to enable the government to license cotton ware hansra. where the crop could be stored. Under such conditions, he i eald, the new federal reeerve board would be able to mske cotton In the warehouses the basis of ample credit to growers. The committee tomorrow will hear cotton men of the South on the pro? posed scheme and will ask them for suggestions. E. J. Watson, commis? sioner of agriculture of South Caro? lina, today began organisation of a committee of growers end manufac tarers to present ths views of ths Southern cotton men. The committee dlscuwed the cotton grading bill of Representative Lever, cieating a federal system of cotton Inspection and providing cotton stand? ards. C J. Brand, chief of ths bureau of markets, told the committee that to relieve the present situation In the South a general revlson of the pres? ent method of marketing cotton should bo made. He said any plan should provide for the storing of cot? ton* In bonded warehouses, for the cer mk si Ion of each bale of cotton with a certificate of standardisation and she actual Identification of. every bale of cotton with Its certificate. ? I "Without theee provisions." he said, "It is doubtful If cotton callateral as security can be made as Impregnable as It should be In the present crisis." Mr. Brand said with proper legisla? tion the government could put his plan in operation within 30 days to such an extent as to materially aid the cotton growers. He said whet seer was done must be done imme? diately. Among those who attended the hearing were: W. O. Turner, James 9. Heater aad Wm. E. Love of Mem* ?hie* Tenn. J. W. Culver of Clarks daJe. Miss., and E. It. Oliver of Louis? ville, Ky. r The committee Is anxious to secure some legislation which will so stand? ardise cotton ss to mske the product a solid b**l* for credit. Mr. Braud pointed out that by a system of ware bousing cotton under government su? pervision snd at government stand? ards, the product would be given a standing which would enable the new federal reserve board to make cot? ton warehouse receipts a basis for ample credit. That would allow cot? ton grower* to hold their product un? til arrangements could be made to market It. Mr. Brand said the United State?: exports about 8,700.000 hale* and manufactures shout 6.600."00 ?alci. Of tha export. 2.300.00U bah* goes to Kngland. 1.260,000 to Germany, him,. ?00 to France, ?26.000 to Austria, ?lO.eoo to Italy snd 376,000 to Rejagss, ' Practically all of the export .narket ? is now closed by war. ?Out of 14.1.000.0??o nplndlex manu? facturing cotton In the world. Mr. Brand ssld. l.'i.Ooo.Oes' were in coun? tries now Involved In the Kuropenn wir. Cotton manufacturers present ssld that by working to capacity the mills of this country might tncreuso their consumption from S.GOO.ooo to 7,000.000 hales. It was arranged that cotton grow? ers and manufacturers should select a delegation to appear before the committee tomorrow. K. J. Watson, commissioner of agriculture of South Carolina, who with T. R Stackhouse, and Dr Wade Stackhouse. represent? ed tha cotton men of that State, was named as chairman of the delegation. Luidtania Arrives Safe. London, Aug. 11.?The Cunard liner Lusttanla. which Mailed from New York Wednesday, arrived In the Werse) tonight. mm ? Mexico, INDICATIONS ARE FOR SETTLE KENT OF PROBLEMS. Believed That Transfer of Reins of Power From Carbajal to Carrauza Is Imminent. Mexico City, Aug. 10.?A two hours' secret cabinet council was held today, and It Is believed details of the trans? fer of the provisional government to the constitutionalists was the chief theme. A special train was being held at the tiuena Vista station tonight, pre? sumably awaiting the departure from the capital of President Carbajal. A commission of followers of the late President Madero was expected to leave soon to confer with Gen. Ob regon regarding the best method for the entry of the constitutionalists. Word has reached the capital that the city virtually Is surrounded by constitutionalists and the men of EmtUano Zapata, 45,000 strong. Gen. Obregon has sent word that he will guarantee a peaceful entry of the constitutionalists. It was unofficially reported today that the first army brigade of the federals would leave this city for Puebla today, thus starting the cvac uatlon of the capital. The city Is quiet. Although Secretary Velasco an? nounced yesterday that the federals would evacuate the captlal tonight, hs said emphatically that the troops wculd not leave. "We will fight until the last man dlsd before we will evacuate uncon? ditionally," Gen. Velasco declared. It Is stated unofficially that this new turn about the government was due to the receipt of a telegram from Preeldent Carbajal's representative In Washington. What the dispatch contained could not be learned, but it Is stated Its contents were sufficient to csuse another entire change in the gcverment'e plans. Indications today pointed to a speedy termination of the anomalous situation In which Mexico has found herself since the enforced resigna? tion of Huerta. The reins of government, It is now believed, will be peacefully trans? ferred to a constitutionalist govern? ment, while the federal army of some 40,000 men will march out of the cap? ital to a southern city, there to await developments after offering their ser? vices to the new government in ex? change for guarantees. If these lat? ter are not forthcoming, the federal army leaders Insinuate that they will combat the new administration. To carry out the new plan Provis? ional President Carbajal will turn over the government to Eduardo Itur bide, governor of the federal district and head of the rurales. The latter will be used us a neutral force to pa? trol the capital during the Interval of the departure of the federal troops and the entrance of the constitution ? alists. Carbajal will go to Vera Cruz before the entry of the triumphant army, headed by Gen. Alvaro Obregon, who now is near Tula with a force of 25, 000 men. Members of the foreign diplomatic corps here will go to Obregon's head? quarters tomorrow to discus pluns for protection of the city. Much anxiety has been felt here of late over the proximity of Gen. Za pata and his army, but this was greatly relieved today by announce-j ment that Felipe Contreras, a repre? sentative of Zapata., hud arranged with Carbajal for an armistice. Preprations for war have boen carried forward on a large scale In the past few days but they now have ceased. Three thousand rurales ure ready to supplant the federal army ns soon ns It vacates the city, though se? rious disturbances now are not feared. TO OCXTPY MEXICO CITY. Federal Army Withdrawing to Puebla ?Carhajul Leaves. Mexico City. Aug. 11.?The federal army Is withdrawing to Puebla today, where It will be held ready for hat tie. If the constitutionalists commit execHses after their occupation of the capital. Provisional President Car? bajal leaves this afternoon for Vera Cruz. The constitutionalist troops are expected to occuoy the city Thurs? day. Huerta supporters are fleeing to the coast. Long- Ulstancc Check. The Hank of Sumter yesterday re? ceived a check from the Hank of Australasia. Threadncedle Street. Losglon, It was written out in Knu Hsh currency, pounds, shillings and POSee, It Is a most unusuul thing for checks In foreign currency to be received here. The Sumter high sehne] team went to Greeleyville yesterday, defeating the Greeleyville team by the score of t 'ne to two. The game was one? sided, the Sumter hoys having the advantage of the Greeleyville players I lg every point of the game RESERVE BOARD ORGANIZED. BODY TO CONTROL BANKING SYS? TEM SWORN INTO O FFIC IS.j Members Handed C<uiiimisions With? out Great Formulity?Secretary McAdoo Makes Statement. Washington, Aug. 10.?The federal reserve board, entrusted with con? trol of the great banking system cre? ated by the new cuuency law, ac? tually came into existence today when the five members appointed by President Wilson took the oath of of? fice at the treasury department. Plans for taking over the system set up by the organization committee and opening the reserve banks for busi? ness within the next few weeks al? ready are under way, though the first formal meeting of the board will not be held until Thursday. Charles S. llamlin, governor; F. A. Delano, vice governor; Paul M. Warburg, W. P. G. Harding ana Adolph C. Miller, with Secretary Mc Adoo and John Skelton Williams, comptroller of the currency as ex officio members, compose the board. The members were sworn in and handed their commisions without great formality. Secretary McAdoo made a brief address, to which Gov? ernor Hamilton replied. "The importance of the federal re? serve board la not yet fully realized," Mr. McAdoo said; "It ie our duty Ut make it understood and to get these banks into effective operation at the .earliest possible moment. "I feel that by co-operative effort we are going to be able to make this system, in a short time, a bulwark against financial disaster, the basis for commercial development at home and for the expansion of our com? merce abroad. The banks certainly can be organised by the 1st of Octo? ber and sooner, and that is a com? forting thought, considering thft diffi? culties and the work that had to be done." Suppose the Jingoes had had their will and the United States had been plunged into a Mexican war. How would our country be faring today? Suppose a man of leaa wisdom or nobility than Woodrow Wilson had been guildlng the nation wlien the crucial events at Tamplco and Vera Cruz befell. What now would be the lot of the Amcricart people? What star of peace or hope would be left for the world's darkened vision ? Atlanta Journal. MANNING DENOUNCES CHARGE TRIAS MULL ALLY HIS STATE? MENTS ARE "MALICIOUSLY FALBE." Tilings Look Squally When Manning Shakes His Finger In Opponent's Face?Ih Not a Candidate of Clique, He Says?Partisan Feeling at New herry. Xewberry, Aug. 12.?Richard I. Manning shook his ringer in J. B. Adger Mullally's face today and said Mullally's statements with regard to him were "maliciously false." He said that he holds a telegram from New York as to Mullally's' condition and he would ignore Mullally in the future. This was during Mullally's speech when he referred to Manning as a candidate of a clique and to Man? ning's denunciation of Bloaseism. Things looked squally for awhile and cheers for "Manning" rent the air. Mullally did not take up the chal? lenge. When the noise subsided he continued his speech in another vein. Partisan feeling was tense here to? day. John G. Richards was speaking at the dinner hour. MARINES PRESERVE PEACE. Cull Regiment Going to Santo Do? mingo tu Check Unruly Factions in Case They I*rovc Stubborn. Washington, Aug. 11.?A full regi? ment of American marines, In addi? tion to the gunboats Castine and Ma? rietta, will lend weight to President Wilson's peace plan which a special commission, now en route to Santo Domingo City, is to lay before the Dominican republics' warring fac? tions. Secretary Daniels today ordered the transport Hancock with the Fifth marine regiment from Guantanamo, Cuba, to Santo Domingo City, where she should arrive late tomorrow. The gunboats already are there. No orders for landing the marines have been given. Their presence in the harbor, however, Is expected to be a warning to the Dominicans that the United States is determined that revolutionary disturbances on the is? land must end. The peace commissioners, Minister Sullivan, Former Gov. Fort of New i Jersey and Chas C. Smith of Boston, left Habana yesterday for Santo Domingo City via Santiago. S E S AT E PA SSI :s SHIPPING PANSiOX KILL. EX One New Amendment That Requires Majority Ownership of Croft Admit? ted to Registry Ik? American. Washington, Aug. 11.?The senate1, tonight passed the bill to authorize the president in his discretion to ad? mit to American registry foreign built ships less than five years old. The measure as it passed the house a week ago was amended by a vote of 20 to 25 to require American ownership of a majority of the stock of corpora? tions seeking to register vessels here? lfter acquired. Opponents of the amendment, which was offered by Senator Cummins, claim it will be stricken out in con? ference. During the day various similar proposals had been voted down, those leading the light for the ; bill declaring any such limitation upon the president's discretion would ! destroy the measure's value as an emergency step to meet the situation created by the European war. Another unsuccesful attempt was made to defeat the Jones amendment, adopted Saturday, authorizing the : president in his judgment to admit foreign built ships to the trade be? tween ports on the Atlantic and ports on the Pacitic coast. Senator Williams urged that this was a discrimination against the gulf coast and succeeded in having insert? ed an amendment to Include gulf and lake trade in the provisions of the amendment. CARBAJAL FLEES. Provisional President Seeks Refuge. With Americans at Vera Cruz. Mexico City, Aug. 13.?Provisional President Carbajal tied to Vera Cruz today, seklng the protection of the United States troops. (Woodman Picnic a Snocess. , There were between six and seven hundred persons in attendance upon the big Woodmen picnic at Pocallo yesterday, the occasion proving as big a success as have former picnics and being a most delightful outing for many of those who attended. The numerous sports which Pocallo af? fords were enjoyed during the day, there being plenty to eat and the weather being line, two features which tended to make the occasion a success. MAKES ITS PEACE WITH THE GOVERNMENT, McKcynolds Informed That Peaceful Dissolution Now Will be Arranged and Court Action Avoided. Washington, Aug. 11.?Attorney General McKeynolds received word tonight from New York that the di? rectors (?f tbe New Haven railroad have agreed to his terms for a peace? ful dissolution i of the system which will i?ut an end to the court proceed? ing begun there several weeks ago. Deuartment of justice officials, asked some time ago if there was any possible way to avoid fighting tbe suit through the courts, replied the only way was to carry out the terms of the agreement for dissolution made months ago. Attornev (ieneral Me Reynolds, however made his demands regarding the separation of the Bos? ton & Maine stronger than formerly. In the old agreement the trustees were to hold the New Hav?QVs Boston & Maine stock for two years and a half. Under the present understand? ing they will hold it for only one year. , The attorney general is expected to ' see they are in no way interfered with i j by the New Haven. They are expected to dispose of the stock in 12 months but failure to do so on reasonable ' grounds probably would lead to an ex , tension of time. The interstate commerce commis? si sion under the present arrangement, is to decide whether the New Haven i shall retain its interest in its socalled Sound steamship lines. The whole agreement will be em? bodied in a decree, which will be ac? cepted by both the government and i the proper railroad officials and sub? mitted to the United States court of New York for approval and record. The criminal prosecution of New Haven directors will not be affected, department officials said tonight. The federal grand jury in New York prob jably will get the case early in Sep? tember. FARMER COMMITS SUICIDE. Spartnnhurg County Citizen Jumps Into Deep Well. Spartan burg, Aug. 12.?"Major" Binder, a farmer at Clifton, commit? ted suicide bctweeji midnight and dawn by jumping into a deep well. His mind is supposed to have been un | balanced by illness. BAGGIHG AP TIES 1014 t| The tillers of the soil are to be congratulated upon the magni? ficent prospects iqx all crops, which we sincerely hope will con? tinue, so that our agricultural friends may reap a rich reward as the result of their year s labor. Our business is largely dependent upon the farming class, when they prosper, we pros? per, and we feel very grateful to them for the loyal manner in which they have stood by us for many years past. You will soon be looking around for the wherewith to cover your cotton, as the indi? cations point to a reasonably early crop and as usual, we are well prepared to take care of your wants in this respect. We have all grades of bagging up to 3 lbs. per yard. Our Globe brand is a rewoven fa? bric, but free from holes or any imperfections whatever. It will make an ideal bagging for persons running public gins, as it will serve the purpose equally as well as the new goods and costs verv much less. Our Dundee brand is doubtless familiar to you, as we have been selling it for many years. In Sugar Sack bag? ging we handle nothing but standard goods, which we have in 3 and 3 lbs. Our experience has taught us that second hand ties are unprofitable as well as undesirable, so we are offering nothing but standard new goods. We carry a stock of both bagging and tics in our warehouse in Charleston, from which we can ship you direct, thereby saving the local freight from Sumte** to those for whom hauling would be inconvenient. We are pre? pared to make shipments August lsl, payable October lsl: without interest and you can de? pend on our prices being right. If you have any doubt as to that, it will be a pleasure to quote you. Soliciting your inquiries for this or any thing else in our line. O'Donnell & Co.,