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HARDING ON COTTON SITUATION VJftilLh M>i AHtuKV HANKKHS TO M Vhl. ( n\< | sMONK TO I'lX vnci; nil; i itoiv In letter l*roMldcnt n'lhm Say* C'ot tvnfi Ptuduccr Should I \ud What IL* IApv? u from Hunk>. Birmingham. Aug. 25 ?W. 1*. O. Harding, of the Federal reserve board told) the Alabam i Merchants' Asso? ciation hcrt that the placing of cot? ton on the contraband Ii t b> the al lies did not create a deeperate sltuu '"in. bat rather one calling for Intcl liKstit leadership. He urged South ern bankers to make concessions to finance |gf| SjSgfJ and V'i'i'd id cd there would be International competition for the American crop despite the fact that It was contraband Mi i'.u I Ing bundled, for the reserve board, the arrangements for the hundred million dollar cotton loan fund. He e\i talned to the Alabama merchants, however, that he was not speaking to? night for the Federal board, but was giving his personal views. "Germany. * said Mr. Harding, is ea anxloua to have cotton as the al? lies are to prevent her. It Is not in coneelveMe that there may be evi drncej? before very loug of interna? tional competition for possession of the South s great staple. It is at least a possibility thut cotton will be pur? chased in large quantities for foreign account und stored in Southern ware? houses, to be shipped out as needed and. as opportunities for shipment \No one has ever accused the Oer of being lacking In far-slghted Tbey are already looking for? ward to Wha* will happen when peace ? Is restored and that they will make a supreme effort to recover their lost trade with other nations cannot be doubted. U it reasonable to belie- c that they would look with complacen? cy upon the absolute control of tue cotton market by the mills of Kng land and America, permitting them to secure their supplies of cotton at very low prices and defer their own purchases until after peace is made and lake the chances of securing then their own stocks at much high? er prices Im it not reasonable to be? lieve that they will arrange to buy cottoa as the spinners of other na? tions buy it. and can they not easily arrange to have their cotton purchas? er mi m >h\m countrv for their ac? count until tt.v\ ? ' i f; :a \* .? ibeir^'wn shores" Mr,' UardinK said t. ?< South s wel? fare ?depej i e>.n 'e tumrltstlng of I cotton st fairly remunerative run? and Southern bankers should, where? ver possible, make liberal concessions In their usual rates on commodity loana High Interst, he pointed out. means forced sales. "present conditions," he said, "ful? ly Justify low rates and Southers bankers should be willing to forego temporary profits for the sake "of se? curity und solidity In the future. 1 ggf sure thut the Federal reserve banks may bo depended upon under thefr power of rediscounting to co? operate to the fullest extent with the banks in taking cure or the cotton j crop and this assurance is of course, not confined to cotton loans but ex? tends to other staple commodities. |t Is now a matter of public knoJUbalge that the I'.rittsh govern j meet and its allie- have declared cot - ton, an absolute contraband. ? vth.it it If understood th it otton will be subject |S seisure, even when con? signed to neutr.il countries. unless the shipment I? made In accordance With ii?'- le;niH md hudlatt<>n> of the proclamation declaring It contraband. As 'the annual tuklngs of Amern a gfJtfon |.\ Austria ..nd- ?buminy amOunt to about . '""> BalOS, the attUude ..| Qgeesl Britain und her .li? lies bit created much uncertainly In the cotton trade and great appreh. n part ot cotton producer.-* sion on the p In the South." Mr Hi- ltro,' ,n-niiiin| tha? IS,!9t> ?00 bales represent the W0ffd*l norm 11 consumption The visible supply noeV. he said, was 4,250,000 bales, and] an estimate of 1 2,000,000 bales for'the prenent Amenem crop could not! tie regarded as toe KfW. He took J S.O^O.OOn bales as a f.itr estimate for ' ell other countries. Ills estimate for th? next twelve months. Including what Is now In sight, thus totaled 11.-j 60<toeO bules. The declaration of I contraband against cotton he thought aopld perhaps be more effective in ? keeping it out of Germany tha* i we^e the orders in council. II the j wtsrld's cotton requirements by rea-j nog of the war were curtailed 3.?' ??oe>.nx?? bales f?-r the comlnu season, j he pointed out thut would represent | th+ amount that gffjsjM usually go to | tief many MgJ Federal reserve board, he safel. has been advNed by Ihe depart iiv nt of agriculture's otflejs of mar He ? thut the putdic. private and coi ?uII warehouse* in the cotton growing States in IHI I had an ag grfsate storage capacity of II. ,7. Ml bsles. ouertt not nt all unlikely." ?ait before the present strop comoH to market there will bi KOOQ Warehouses of all flashes in the South, Should thla prove true, th?iro win bi etoragi capacity In the senrth i rn ?alehouses tor iu?t less than. 1-, )S,Sgf bnloi of Hat cotton, while the cotton mill warehouses will be a^de t.? take care <>i |(|eS,Mf hales. Con? sensus of opinion of repreaentflWS'ea of the Federal reserve hanks dXOSt. I. ails, Kichmond, Hallas, AI hinlSSii'l Kansas City, consulted hy ''?'iitiflBfor the Federal reserve hoard. s< i WW 11 ? la- that the hohler of negot ia I^Bre house receipts is protected I'roWall claims of subsequent lien holuersMiml subsequent creditors the Original own M of Um commodity covered by the recoipt. "In \iow of difficulties that may arise in satisfying distant lenders as 10 the validity under ull conditions of w arehouse receipts for cotton offer? ed them as collateral, It would seem that, for the present, at least, loans on cotton must he lirst negotiated through local banks in the South. Vhe banks have now ample facilities, which they have never before enjoyed j for rediscountuiK the notes taken against such loans und it is for them uu?re than for any other agency to determine the police of the South in regard to the marketing of the pres? ent cotton crop. The results of a gradual marketing of the crop this season will be far more satisfactory than would bu the case were the crop /orced upon the market within a short period. ?'You haVf an opportunity of con? serving the value of the South's greatest asset and upon you, South? ern bankers and merchants, rests the responsibility of the weal or woe of a great agricultural section per? haps for years. ix>adP>g financiers freely express the fear that the sud? den prosperity developed in some sections and along certain lines of in? dustry will be followed by a period of wild speculation and inflation. The bunking reserves of this country are considerably more than one Mllion dollars in excess of legal require? ments. Our gold holdings, over two btlttOB dollars, are larger than those of any other two countries combined. <>ur trade balances are piling up un precedentedly, probably amounting to a billion dollars during the last six months of 1916. What better secu? rity could a Southern bank ask than the obligation of a merchant or farm? er which he has been carrying on a crop not yet existent, what better in? vestment than to carry this obligation ilong tor i few months if necessary, I ."? .. . ' b., lb" .o ?.:>? 1 i'iiKiu: <>i vV ; ly waiehoi s^d und nii-uied and ? ?er? J tain -f a atari 11 ! .... l?ttUl V? ilsim? iu a lettei i t?iu I by Mr. Harding, expressed confidence j that banks in the agricultural regions, the South particularly, would content themselves with not exceeding 2 per Beat above the rate they themselves p iy on money for meeting the cotton problem, and seid the cotton produc? ers should exact what tho\ have a right to expect from the banks. The president's letter, read as part Of Mr. Ilarding's address, was in reply to a letter which had been handed the I'M'sbl'Mit in Washington b> Mr. Hard? ing during a conference at the White House last Monday. It follows: "The White House. "Washington, Aug. It, lilt. "M> I iiar Mr. Harding: Thank you oinoerety fof your letter of A US" ust Hit gives me just the Informa? tion i Seelredl 'What interests me most is this: It is evident from w hat you j tell me that the eountry banks, with J whom Um Innner and other produe-1 era directly deal can get money at from I to 4 1-55 per cent and that the queetlOB whether the benefit of this advantageous rate is to be extended to the farmer is in their hand.-.-. It is in eonceivable to me that tiu.se who are responsible for dealing directly With the producers Of the country should be wining to jeopardise the prosperity of the country itself by refusing to share erith the producer the beneficial ratee now obtainable for money loans. i think that ere can confidently ex? pect that Ihi banks in the cotton stairs and in the agricultural regioni irenerally win content themaelveswith a rate not more than 1 or I phi* cent above the rate which Ihey themselves pgj I hope that the facts which you have stated to me will become goner illy known omoni the producers of the country so that they may feel themaelves free to exact of the banks with Which they deal what they un? doubtedly have a right to o?:pect. 'Cordially ind sincerely yours ' WOodrOW Wilson." Not as Heartkso as He Appeared. "I received g phono mesEago the other day." paid Noyes E Iirewmore, "to I lie effect that a woman answer? ing the description of my wife, with $r>o in bet pocket, had been found dead My follow workers comment* t! severely because I continued ealmiy with my tank, but I knew positively It was not tny wife. In the first place, 1 knew my wife never had $60; and in the sa i and place i knew if she ever got hold of anywhere near $50 she would never drop dead until she hud got rid of it.*'- -KSSSSI City Star. HUNDRED MILLION ID LEND. cotton produced urged to insist on low rate of ix terest. Local Dank! Alone Responsible if There is Lack of laude for Cotton Loans. Birmingham, Aug. -ti.?The feder? al reserve bank at Atlanta is prepared 1 to lend a hundred million dollars on i cotton. Harding Itatod today that he read a telegram from Washington statin;-; that the banks alone are re? sponsible if they fall to make ample loans on cotton at a low rate. Me , Adoo suggested that Harding advise cotton producers to market their crops slowly and insist that the rate lie not higher than ? per cent. (ONTO! ON COTTON SITUATION. ft'OJJlgag Made on Note to Britain? Will Develop Chinese Market. Washington, Aug. 2ti.?Representa? tive Kitchen, of North Carolina, floor leader of the house of representatives conferred with administration officials today over the cotton situation and prospective legislation. Publication of the president's letter In which he urged the batiks to content them? selves with small interest on cotton loans has caused optimism at the .same time. Progress has been made on the note of protest on Britain's contraband decree. Senator Fletcher of Florida, presi? dent of the Southern Commercial con? gress, stated that his association con? templates calling a conference to de? velop the Chinese cotton market as an offset to the European situation. captor made captive. CcUtrotllle Man Who Took His Daugh? ter to Ilultimore Asylum Ls Him? self Declared Insane. Under the delusion that his 19-year old daughter was insane and having deprived her of hairpins, scissors and other Articles which he believed she would employ to harm herself, F.zeklel M. Foreman kept awake all Wednes? day night and sat on the front porch of his home, at Centreville, Md., to prevent the young woman from escap? ing. At 6 o'clock yesterday morning he forced h?r to pack a traveling bag and brougl i h tc Lov^e Point and thence tc Baltlmo'/e to have her com* rdjtted to an asylum foi the Insane ' Only a week ago he threatened to! bgvc hb wlf locked In ah asylum., I that she was suffering from a mental aberration. While the boat was on its way to Haltimore friends of the girl notified Marshal Carter of Foreman's actions, declaring that the girl was sane and that they believed that Foreman him-! .self was mentally unbalanced. Whan the boat arrived at its dock j on Dight street at noon, Headquarters Detective Cullison was there, und he brought Foreman and the daughter, j Miss Mary Bj, Foreman, to police headquarters. The girl was closely questioned and showed no signs of in? sanity, but Foreman's irrelevant re? marks led the authorities to suspect he was mentally unbalanced. A Baltimore physician, who is a relative of the girl, was summoned and, after a confernoe with Marshal I Carter, it was decided to have Fort man examined by two physicians to test his sanity. Dr. Duncan Mac Caiman, IS-- Madison avenue, and j Dr. T, W. Keown, landen ave-' nue, examined Foreman and conciud-1 ed he was insane. lie was taken to the central police station, where ho will bo held until this morning, when he will be taken to a state asylum for the insane. Foreman, it was stated, was suffer? ing from a mild form <d' mental ail? ment. He is not considered danger? ous und it Is believed a reel at the asylum under proper treatment will bring back hla normal state of mind. Baltimore Bun. Whooping Cough and Vaccination. A word of commendation should be accorded the New York depart? ment of health for its appeal to the physicians of New York for their col? laboration In the more extensive use of vaccine in tl. treatment of whoop? ing COUgh. This disease, ??which kills yearly ten thousand American chil? dren." occupies a uniqus position among the infectious diseases, in that its; onset is Indefinite, its dura? tion particularly long, and its seri? ousness not ;it all appreciated by the public. The basis for ,lls appeal is in (he favorable results in the use of ;thc vaccine already reported, it 1 woubi be .v 'II, i iv: the Journal of the Americ an \J cd leal Association, if the collaboration were given still wider scope und were extended to other large municipalities so that we could determine without undue deln> the possibility of reducing the mor? bidity and mortality or this disease. Worth of a Friend. A friend is worth all hazards we can run.- Young. ARRE8TKD on si.Klois CHARGE. jno Boyd Goodman Charged With llape?People in Community Know Nothing of Crime. A white man named John Boyd Qoodman was arrested Wednesday by Deputy Sheriff Epperson on a war? rant taken out before Magistrate M?ore charging the young man with rape. The warrant was taken out on Wednesday morning by the girl's mother and the arrest was made on Mr. Kick Brltton's place, where the young man and two brothers of the woman were working together get? ting out shingles. The young man stated that he had beon to the house on the day on which it is charged he committed the offense, but stated that he had gone to borrow a drawing knife, and had nothing to do with the girl, who is said to be a cripple, and weak minded. The woman's brothers stated that they knew nothing of the offense having been committed and nobody in the community had heard of it although it was charged with hav? ing occurred a week ago. The young man was brought to Sumter and placed in jail, where he is being held pending a preliminary hearing tomorrow. Colored Teachers' Institute at Maycs villc. R. W. Westborry lectured this week to the colored teachers of their Sum? ter tfounty summer school on hogs. He said that it was economy to have just the number on the farm needed but extravagance to have more than was needed. He spoke of the lard type of hog, the meat type. He said that one must not expect to make a meat type of a lard type or a lard typo of a meat, but for the purpose desired, the kind should be had. He stated many characteristics and traits about the hog that would give enlightenment in the selection of cer? tain kind for raising purposes. Cows. He spoke of the necessity of raising the right kind of cow to be used as a milk cow, and the kind if one wanted to get a plenty of butter. The best he thought for milk v as Holstein; for butter the Guernsey and Jersey, for beef the Hereford. He then gave the teachers some points on the purchasing of land. He said it was necessary to know its location, how much under cultivation, the condition of the roede leading to tdwn, boa fai from town the school facilities, how near to a church, thej chart ter "t the neighborhood, tie-! perse t's r< is< n for telling no then spoke oi Uie ?.?? o kinds oi. tape worms that hogs have; gave a remedy for them. After a very timely talk on cholera, with remedy for the same, he advised mules instead ol horses on the farm, urging that bet? ter care be taken, the stock treated more kindly, housed better, and then we could expect and would have bet? ter service from them. Mr. Westbor ry's talks have been of great value to the teachers, and we are sure many have been helped. on Friday, August 10 th, when he came to MayOBVllle to lecture he brought with him in hin car, Mrs. Wilkinson, the wife of L>r. Wilkinson of the colored State school at Orange- j burg, also Dr. Hirnie and wife, one of the prominent physicians of Sumter. His wife is also a pharmacist. Both ladies made pleasant little talks. Mrs. Wilklpson thrilled and inspired the teachers as she urged them to do more Work for the uplift of the rural school. She told of the extension Work they had done and intended to continue doing and urged the teachers to remain in the districts on Saturday and Sunday so that they might help the people und encourage them to take a greater interest, bettering the i school and home life of the district. The summer school closes on Fri? day, August 27th, with a Farmers' conference which is expected to be very largely attended. Prof, c, A. Lawson, Principal, lt. W. Westberry, Agriculturist. Entertainment for visitors. Brogdon, Aug. 25.?Mrs. J, P. | Lawrence entertained a number of young folks at her lovely home, at] 1 Brogdon, on last Tuesday evening, in honor of her Charming guests, Misses Oortrude Baker and Pearl Toole, of Alken, After the guests of the evening had all assembled, and after having I participated in a few games, and en? joyed music, bo sweetiv rendered by Miss Kate Brogdon, they were usher? ed into the tlining room, where a de? lightful Ice Course Was served. At twelve o'clock the crowd dis? persed, all reporting having spent ;? I most delightful evening, A (luest. ! _ Concclcnce the Accuser. Hear my voice; ye wives of Lamech ?hearken unto my speech; for I time slain a man to my wounding, and a young man to my hurt. If Cain shall be avenged sevenfol I, truly Lamech seventy and levenfold.?Genesis 4: j 23, 24. mays PROM EGYPT. Fodder Crop is short While .torn Crop is UchhI?Personal News. Egypt, Aug. 26.- Hot weather pro-, vails in Fgypt. Fodder pulling is the order of the day. Never have we eeen such a poor quality or such a snort crop of tin- forage. Those farmers who count on fodder alone for forage will sum come short. The corn crop is going to make a fair yield while cotton is a little above the average in this section. Doctors T. I >. Foxworth and E. M. ('arson were visitors in Egypt yester? day. Mr. J. K. Kichburg was in Bishop Ville Saturday. Miss Odylene Flowers, of BUhop Vllle, and Miss Lila Drown, Sunuer, were visitors at Smithville last week. Miss 11a Mae 10vans entertained at a lawn party Tuesday evening In hon? or of the visiting girls. Quite a crowd were present and all sfemcd to have a nice time. Mr. Wylie Hague of Camden was a visitor in Egypt Sunday. Mr. Im Et White spent .several days of last week in Columbia,, Mr. IS. O. White spent Monday at Hagood. Mr. f. 11, McLsfOd went to Cam? den Saturday. Mr. IV. T. Mcl.eod. contractor, has begun work on the school building at Smithville and expects to have the building complete in a few weeks. Five ton? of human hair was re? cently shipped in one lot from China, to England to he used in the woollen industry. Dye From Nettles. A fine yeilow dye Is produced from the roots of nettles boiled In alum. The juice of the stalk and leaves is used to dye woolen stuffs a brilliant and permanent green. Lumber, Lime, Cement, BUILDING MATERIAL GENERALLY AND FEED OF ALL KINDS. Booth-Shu!er Lumber & Supply Co. Successors to Booth-Harby Live Stock Go. and Central Lumber Co. Geo. Epperson's Old Stet-nd Opp. Court House SPEND LESS THAN YOU EARN For Living. Clothes and Pleasure?Bank the rest at our Savings Department, weekly. As your account begins to Increase you will find pleasure in saving more each year. Per Cent. Interest Paid on Savings. THE NATIONAL BANK OF SUMTER ESTABLISHED 1889 "safest for your savings" SUNDAY EXCURSIONS TO THE SEASHORE Round Trip Fare From SUMTER to CHARLESTON Tickets sold only for trains specified below on Sun? days, limited to date of sale. Schedule Going -Leave Sumter 6.30 A. M.f Arrive Charleston 10.30 A. M. Schedules Returning?Leave Charleston 8.25 P. M., Arrive Sumter 12.05 A. M. For futher particulars, tickets, etc., apply to O. V. Player, Ticket Agent, SUMTER, S. C. W.J. CRA1G, T. C. WHITE, Pass. Traf. Mgr. Gen. Pass. AqL WILMINGTON, N. C. ! AtlanticCoast Line ? * j i The Standard Railroad of the South