Historical Newspapers of South Carolina

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Cfct 3?lal(Jman an) ^ontliron. r^bilafced Wednesday and Saturday. _ ?BY? OeTTKKN PUBUSIUXO COMPACT, s^ IUMTKK, a C, Tanas: Halt pat annum?in advance. . i . - Minnknsniwta: One Square drat lnnertlon.fl.Ot ?eery subsequent lnnertlon.60 Contract* (or three months, or ?QSJgir will be made at reduced rates. All Communications shlch tub ?errs private Interests will bo charged for an advertisements. Obituaries and tributes of respect will bo charred (or. Tho shunter Watchman was found? ed In lift and the True Southron In IM*? Tho Watchman and Southron (hew ten the combined circulation and tnftaenoe of both of the old papers, nnd la manifestly the beet advertising sasdlum In Sumter. As was to be expected, the extra section of the legislature has afforded opportunity for the Introduction of numerous Impracticable bills. Per* haps the most objectionable and Im? practicable of the whole brook of freak measures Is the bill to reduce the rate of interest to six per cent. Ev? ery borrower wa~t* lower interest rates, and. unfortunately, It s?ema that a majority of the business men and farmers of the South are bor? rowers, hence the popularity of the proposition. Hut the idea that the en? actment by the legislature of a law d blaring It Illegal to charge more than six per cant Interest will solve the problem and make money both cheap and plentiful Is based upon false premises. The law may declare1 It a crime to charge more than six per cent., and It may be possible to prevent the collection of a higher rate >f Interest, but there Is no power vested In the legislature by which It can force ahe man who has money to lend It in this State. If the money lenders csnnot obtain more than six per cent Interest In South Curollna and can obtain seven or eight per cent elsewhere they wli: refuse to lend in] m >ney In South Carolina. Just now there is a world-wh'* scarcity of mon? ey and an unprecedented demand. Borrowers are seeking money and to , obtain it are offering higher rates of Interest than they have had to pay heretofore. For some years there has been a great deal of money seeking safe Investment and the borrowers who had gilt edge security were In a position to bargain concerning the rate of Interest, but this condition does not now prevail and the attempt to re? duce the rato of interest by luw will almost certainly result in drawing money out of the Stute at a time when It Is worse needed than for many years. In normal times slv per cent. Is a fair rate of Interest and the aver axe Investor is satlslled with six per cent. If the security is good, but now that the demand for money is great and big corporations and govern? ments are bidding ugulnst each othor for It the average small borrower has little chance of obtaining a loan at six per cent. Even the Southern banks are paying six per cent and more to the northern banks for the money they borrow and if they are forbidden to charge more than six per cent they cannot continue to do business, e e e The legislature has before it two plans for dealing with cotton acreage problem, one Is to prohibit the plant? ing of any cotton next year, the other to curtail the cotton acreage not less than GO per cent. A \artatlou of the second plan Is to tlx the cotton acreage at a dellnlte number of acres to each plow?one bill that has been introduc? ed fixing the cotton acreage at seven acres per plow. The enforcement of a law embodying either of these plans t o- real problem that the legislature niuat aolve. for it Is conceded that either plun would accomplish the ? blef end sought?the prevention of lite accumulation of ;> stupendous surplus of cotton that would com. est t if cotton murkets of the world antlj make cotton a drug at any price. To, plant ro. cotton m \t \ear would with? out during 11*1.1 the surplus Staate4 by the exceptionally large crop pro d u< cd 'bis >ear coming on top of the demoralization of the c .turn manu? facturing industry by the war. This plan would, also. I' is claimed. Stadl? ( ite the boll weevil. Then tore it hai much to re. ommerd it I'.ut on the other hand to plant mo cotton next year would utterly demoralize Inbof conditions throughout the South ami would work a terrible hardship Upon the eominou farm laborers WhC haw, for >earx. depended upon the COttOM ?fsjfj for ihn It o betneV if mo , ot - ton Is planted in the entire South and small urnln. corn, tobaceo. peanuts m.,1 tru< k are substituted what Will become of the hundreds of thousands ot negroes win. have heretofore found im'u so na I empbtyntenl in spring and gnfMsjet im chopping, rotton und im the r.ill in peeking cotton 1 t >f rourss the other CtWpi that SJMU b> Substituted r,.r cotton w ill reqnlrt i treat deal of ,i |X Im bor but nothing like > mm h ,. rotton. and th?r? will geeeeenrtl) result a great deal of distress uhtotig those who cannot itn?i employment. The day labor element in the South literally lives from hand to mouth and is never more than few days ahead in the raee with starvation. Cotton pick? In? season Is the only Hush time they know ami they usually manage to make enough then to buy the clothing they need and perhaps save a little eash to carry them through the slack time in the winter. Hefore cotton (hopping time arrives they are all hard up and many of them have to go Into debt to obtain food, giving la? bor contracts as security. What will become of these people If no cotton is planted next year? How can work be prvlded for them during the spring and summer and what will tako the place of cotton picking in the fall? This we regard as the most serious phase of the plan to eliminate the cot? ton crop next year and It should re? ceive mature consideration along with the other phases of this momentous question. A half crop or the third of a crop of cotton would materially re? duce the surplus that would be car? ried over, but the congested cotton market would not be entirely relieved and the price would probably not ad? vance to the high level of recent years. Nevertheless a partial relief from the congested condition of the cotton mar? ket might be preferable to entire re? lief accompanied by the total de? moralization of labor conditions and the destitution of the farm laborers. Augusta Cotton Market. Augusta, Oct. 10.?The anxiety on the part of some houses to sell cotton regardless of price continues unabat? ed. Early this morning they were freely oifering to sell at 7 cents for basis of middling here but apparent? ly without success. A large market like Augusta attracts cotton from very distant points in such a season as the; present. Southwest Georgia and even j Texas are delivering cotton to the mills which usually get their supplies here, at prices which are considerably under our quotations. The demand from abroad is exceedingly light so that American mills are almost our only customers. The cotton offered as above stated was of course for future i delivery?say next week or the follow? ing week?but It hurts the market nevertheless. Uiter In the day some sales were made here on basis of 7c j for middling with the condition that nothing but good white cotton would be accepted. The following prices are not official quotations but represent real values as near as possible: Augusta classification: Low Middling 6 1-4. Strict Low Middling 6 u-4. Middling 7. Strict Middling 7 1-4. Good Middling 7 1-2. No demand ut all for Low Middling or anything below our Strict Low Middling, liuyers paid these prices to? day for good white cotton but by Mon? day they may be a quarter cent low? er. As foretold in these letters several weeks ago the government is absolute? ly opposed to any scheme for valoriz? ing or otherwise artilicially boosting the price of cotton. The example of Lrasll is before them. As long as Brazilian government valorized coffee the coffee market had a dead weight hanging over it. Notwithstanding all their efferts coffee that formerly sold at lo 1-2 cents is down to 7 cents as w result of over-production. Within the last few days President Wilson and other cabinet ministers have made it absolutely clear that they can do nothing more for Cotton and that the situation must be handled >y the banks, who can get 1^0 millions more emergency currency if they so desire. What is really wanted Is a better de? Miami for cotton and this cannot be sn ored by legislation. Banks haviug advanced large sums to make Ihe crop which is not yet repaid, are unwilling to lend hundreds of millions n ore on cotton, then a crop of 1^ or 19 mil? lion bales next year may BWSmp the market and render their security to? tally Inadequate. We forget some limes that banki have to meei their obligations like other people?Indeed more punctuallv?ami money obtained from the I ntted Slates treasury has to be repaid. Ws have all ntong said Ihe South should sell a pall of Iis COt lon without forcing it on the market. This would soon relieve the linamial strain and make it easj to hold the I a lam e of t he CfOp, Davlson & Fargo. STATU Ol I II I It Si ICIM.S. Seerctary or Mate of 1 II im a, BloSr? out |||n Hralua, Bpringfteld, III., I ><i. l Hecretnr? of pints Harry W.I committed sui? cide In the um in.- :tt his residence yesterday mornlni Tht lanly wan rot found until this morning. He was temporarily Insane. n? blew oul in his brains. n<M*ting Uve stoek Industry. Mr. J, \ Hlnekwell of Ihe Unsfdon seetton, owns J?m w?j cou lhal Is lh< soil ih;ti would make Ihe live stock In duatr) look attractive, This eon gave hlrth hi twin cnlvea eighteen months n o i nd i hin m< rnlnH i c|m nU d the i performance. criminal coirt opens. iuse Aguin>t Hogau for Receiving Stolen (ioods Taken up Cirst. General Sessions Court opened In Sumter county today with Judge Hayne F. Kiee of Aiken presiding. Solicitor Sloll also came in tins morn Ing and all the usual court attendants, Were present. Within a short time af? ter court had been opened the usual routine was taken up and a number of bills were submitted to tile grand jury for them to return their Indict? ments. The case against C. B. Hogan for receiving stolen goods was the lirst case taken up on the docket. Hogan was accused of purchasing or receiv? ing a cow which was stolen from H. V. Riles. The cow was butchered and found in Hogan's wagon ready to be taken to market Hogan claimed to have purchased the cow the day pre? vious to the time it was alleged to have been stolen and not to have seen it until after it was butchered. The jury was still out when court recessed for dinner. The next case was one against Char-i ley and John Turnstall for assault an' battery with intent to kill and carry? ing concealed weapons, three charges! of practically the same thing being! made and all tried together. The State had put up its lirst witness when Court recessed. Alma Washington, murder, arraign? ment waived by defendant's attorneys. Hills returned by the grand jury: were: Oliver Boyd. violation of dispensary law, true bill. Jerry James, assault and battery with Intent to kill, true bill. Walter Brown, assault and battery with intent to kill, no bill. Darby Horton, bastardy, true bill. SI MPER MAX PROMOTED. Emtlc 1?. Moses of l\ S. Marine Corps Receives Commission as Captain. Bmlle P. Moses, United States ma? rine corps, has recently received his commission as captain from President Wilson. Capt. Moses is a son of Mrs. Altamom Moses of Sumter. He en? tered the marine corps from civil life ten years ago and since that time has been stationed at many Of the navy j yards of the Atlantic coast and on the Pacific coast and seen much duty In tropical lands and waters. He saw ac-j tive service in the Nicaragua uprising two yean ago when his battalion was in the thick of the lighting. At present Capt. Moses is in camp with his com? pany at Camp Howard, San Diego, Cel., where they have been since re? turning from Mexican waters a few months since. BUSINESS CONDITIONS RETTER.! _ i President to Issue Statement on Clay? ton Bill?Will Deliver Address in i Pittsburgh. Washington, Oct. S,?Business Con? ditions throughout the country are improving, according to reports reaching President Wilson today, and Democratic speakers are to be in? structed to dwell on this fact during the fall campaigns in answer to the expected charges by Republicans and Progressives that the new tariff has brought financial disaster. The president was informed many orders for American goods were be- 1 ing received from abroad and that the lirst bad effects of the European war on American industry had passed. As a part of the Democratic cam? paign the president probably will Is? sue a statement when he signs the Clayton anti-trust bill now before him, calling attention to the comple- | lion of the programme of trust legis? lation started with the passage of the trade commission bill. Mr. Wilson has decided also to ac? cept an Invitation to sneak in Pitts? burgh October 2i on the 70th anniver? sary of the founding <>f the V. M. C. A. While he will not make a political Speech, he will go at the invitaton of Representative Palmer, candidate for ienutor, and his appeuranee Is planned to assist Mr. Palmer. CARDINAL EERRATA dead. Koine. Oct. 10,?Cardinal lYrrata, I'mmI Secretary of Shite, died toda> ol it ppendltlcls. Marriage License Record, licenses to marry have been Issued to Mr \v. K. Ithtime ami Miss Her Ihn Howie of Humter; Charles I*. Craw ley und Miss Hlrdson? Harris, Norwood, X. t\; Mr. oils Mnynurd, jHiusltis, tin., und Miss Artls Tlm I mom, Hiimter; Samuel Isitne Lemur. Horatio und Miss Juunltn Mcl?eod, Itemliert, Colored: Coyet Wltherspoon, Lynch hur. and M Jirga re I l.. Scarborough, Kllloit; Solomon l^owrs nod Silvia While, Mayen* ill*. Lutlu r llarl and Lticlndu Spann, Homier; Isnlnh Jones, Privateer, 111 d S11 v hi I! I i. Slimier. \, w N oi l. 1 >. 1 I e. The famous l*nli rrsll \ hull of Columhln I'nh ersil.i ; NVas burned lodns. The loss Ih esl I - I in.'Ii d i"t a million dollars. MEETING on congakee CLAIM. South Carolina Coiigrcssntcii Again Go to War Department on Water Problem. Washington, Oct. ?Congressmen Ragsdale and Lever, together with T. C. Williams and Traffic Manager Monserral of the Columbia-George? town steamboat line, held another conference With officials of the war department today, and tomorrow still another one will he had. There appears to be some knotty questions involved in the issue be? tween the Parr Shoals compuny ami the steamboat company which are nut. easy to straighten out. I Mr. Ragsdale began work on this matter several days ago ami was join? ed Immediately by Mr. Lever, the two looking after interests in their respec? tive districts. it is understood that representa? tives of the Parr Shoals Company will ask for a hearing in the matter but this has not yet been confirmed. sumter COTTON MARKET. Corrected daily by Ernest Field, Cotton Buyer. Good Middling 6 3-4. Strict Middling '? 5-S. Middling ?', l-i>. Strict Low Middling ?! 1-S. Staple Cotton, Nominal. - BUMTER man'S LUCKY FIND. Will Interest Headers of the Item. Those having the misfortune to suf? fer from backache, urinary disorders, gravel, dropsical swellings, rheumatic1 pains, or other kidney and bladder disorders, will read with gratification this encoruaglng statement by a Sumter nan. F, g. Copleston, s e. Bartlette St., Sumter, S. C, says: "Backache and pains across my loins annoyed me and I knew that my kidneys wer'- at fault. Doan'a Kidney Pills, which 1 got at China's Drug Store, brought me prompt relief and in return, 1 give them my heartiest endorsement." Mr. Copleston is only one of many Sumter people who have gratefully endorsed Doan'a Kidney Pills. If j your back achei?if your kidneys bother you, don't simply ask for a kidney remedy?ask distinctly for Doun's Kidney Pills, the same that Mr. Copleston had?the remedy backed by home testimony. 50c. all . stores. Foster-Miburn Co., Props., , Buffalo, X. Y. "When Your Pack it ' Lame?Remember the Name." 3i> , dr. IIIGIISMITU?Optometrist of Florence, is here at Claremont Ho? tel only one day each week in fu? ture, every Thursday, to examine eyes and lit glasses. wanted?Heifer calves, three to six months old; also one or more young cows, fresh in milk, or springers. Apply Dr, C. P. Osteen, Sumter, S. C. Vulcanizing our Tire Repair Service embodies Everything from a simple puncture to perfectly remedying the most serious cut or blowout in casing or tube. A-l equipment plus A? materials with exacting, expert care in every de? tail insure you Promptness, Service and Satisfaction. Ihre you will lind a Tire Repair Plant equipped with every Modern Steam Vulcanising apparatus. Columbia Vulcanizing Works 1122 Lady St. Phone 171 I Buy a South Bend ?the good WATCH.* Us easy If \*>'? loin <>?r "Soutli llend club,'' now forming. Sec us at once if you want to get In. W. A- Thompson, jeweler and optician. ??s. ? ii." Stamps Given. Geo H. Hurst, Undertaker anu Embalmer. Prompt Attention to Pa> or Niqht Calls, AT J. 0. Grsi| Old Stand. [H, Vain Phones want 201 It's to Your Interest I To Get Interest ? X On your Savings Deposits from day of deposit. We give inter? est from day of deposit. 4 X X The Peoples Bank I ? ? ? t ???? ?+??+??++ ????????? H Lumber, Lime, Cement, BUILDING MATERIAL GENER ALLY AND FEED OF ALL KINDS. Booth-Shuier Lumber & Supply Co. Successors to Booth-Harby Live Slock Co. und Centrai;I umber Co. Geo. Epperson's Old StOLivd Opp. Court House {jMiniiiiiiiiiiiiitMiiiiiimmmiiiiiiiiiiimimiiiiiiiiim^ Have It Insured! tt I B ANYTHING FROM A HOUSE TO A BALE OF COTTON Wal Moses ^nmM^:n:us?:mm?t^?.K:?u:::?J!a:s:::::::::.R^.?;^:::?^?Kt??:?;?amJa?m? TEACHERS WANTED. Seven at $A5 : eight at $40 ; five at 150 ; Bei en at >?>0. Also a nt. t< her of principalships at ((65 to f85. Will have ?ood places opep ai' ^Hne fall and winter. Special proposition to teachers with ccitiiicatcs. immediately. SOUTHERN TEACHERS' AGENCY, W. K. Jonss, Mgr. Columbi DON'T BE MISLED! Wait For No Other Show?The Only Big Show Coming This Season, Will Exhibit in IDAY, 23 LARGER?GREATER THAN EVER! Vjs.. Hauser Street Show Grounds GRAND STREET PARADE HUO A. M.