University of South Carolina Libraries
HOLD gl iSOTTOM. FAJIMKItS' I N ION ADVISES HOLD- < ISO FOR THIRTY-FIV | CKNTS. Cotton 1* Not Uringing a Price Pro? portionate to That of Other Farm Pmthacla and Manufacturers arc Schlug Cloth at Tremeudous Profit ' Columbia. Sept 28.?Thirty-five cent* the pound as the minimum price for cotton and $10U a ton for cotton seed was the conclusion of the meeting of farmers in Columbia yesterday when more than 100 cot? ton growers from all sections of the State met to discus* the question of cotton values arid to initiate a holding movement. Extreme mortage In the world sup? ply of cotton, grei.tly Increased cost of production and the unusually high ?cade of prices obtaining for fabrics end cotton?id producta were advanc? ed in Justification of price fixing. It wae emphasised that the farmers de? sire only i fair price for their cotton and that the figures are proportion? ate with other ' raw material" and that ths cotton growers are entitled to a living. To emphasise that this wae no movement to procure the lion's share," a committee drafted a resolution, expressing unfeigned loy? alty to ths government. To acquaint the cotton growers throughout the State as to the situ? ation obtaining In the cotton markets, an "educational campaign" is to be n lue ted. with meetings in every township. H. T. Morrison was in? structed to appoint a chairman in each county who will direct the cam? paign. The object of the meetings will be to Inform "the people as to ths reasons for demanding 35 cents a pour d for their cotton and to explain to them haw they can secure the mon? ey with 'which to ktep 'distress cot? ton' off ths market." Ths meeting was held at 4 o'clock yesterday afternoon In the office of W. O. Smith. State warehouse com mlifSioner. Mr. Smith explained at the outset thst the warehouse space available In the State was adequate to store the crop. He also emphasized that ths banks had the money on de? posit to make loans on cotton ware? house receipts. He explained that farmers could borrow 80 per cent of ths price obtaining when cotton was stored. The Interest rate, he said, was f per cent. Another important fact, emphasiz? ed by Mr. Smith, was that the cot? ton warehouse system of South Car? olina has been linked with the bureau of crarkets of ths national depart? ment of agriculture and that a pub? lic grader Is now connected with the Columbia offices. This grader give.1 his services freely to all farmers who send thslr samples to Columbia, or makes trips ts places where 100 or mors bales ars to be graded. J. Whltner Reld. secretary of the State Farmers' Union, acted as secre? tary of ths meeting and read a letter addressed to Col. E. J. Watson, rela? tive to ths cotton convention called for October 3 in New Orleans Presi? dent Morrison and three former pres? idents. B. Hsrrls. A. J. PerrHt and E. W. Dabhs were named delegates. The asst meting of South Carolina grow? ers has been called for October 10 and r. H. Hyatt has ssked that the meeting be held at the Colonla Ho? tel. Many brief talks were made during ths meeting. Some of these were b> Mr Morrison. K. W. Dab be. J. O. L. White ot ('heater. M. O. Dantzlcr of Orangeburg. O. I*. Tools of Alken, W. Tatum of Orangoburg and P. II Hyatt of Columbia. Tho resolution, demanding 85 cents a pound for cot? ton was Introduced by Mr. Toole. It was adopted practically unanimously and reads: Whereas cotton Is not selling for anything like Its worth under the pressnt conditions and high prices of other farm products and "Whereas from all Indications tin crop will he shorter than the 1916 crop end probably not less than 12, UOO.000 bales, snd Wheresa the crop of this date is a great deal earlier than tho crop of 1818 and yet the gmnera' report shows the crop la much shorter and "Wheeraa tho cheapest cotton cloth 'drilling) produced is selling for 75 rents per pound ard some percales for 81 40 per pound?the cotton mills of UM countty are making from 100 to 180 per cent, on the present prices and "Whereas the needs of the world call for 81.000.000 bales, snd the world's supply without the Id 17 Steg) la 3.000.000 bales ahort and with the possible 12.000,000 bale, crop, the world's supply will still be 5,000,00?? bsies short, snd ?Whoreae the State of South Car? olina is operating a State warehouse system under the management of \\ . i. Hm I h. romni laaioner. and "Whereaa there are 203 warehouses Ir. the State warehouse system In which can be stored 200.000 bales at a rout of not exceeding 20 centa a bale per month, and Whereas the Stnte wnrchnu** re CAN'T COME BACK. UHU MAN * FAIL TO SHAKE HOLD OF BRITISH IN FLANDERS. British Drtvo Threatens Safety of Gorman Lines In Belgium, but Des? perate Attacks Do Not Budge Brit? ish Hold ou Recently Gulncd Po sltlons. German efforts to break the hold) the British gained In Flanders by Wednesday's offensive continue, but they have failed to shake their hold at any place. They attacked unsuc? cessfully around Zonnebeke last night, which Is an Important point for the British and which the Ger mands defended desperately. This position gives them the best point of vantage for controlling the Ostend railroad which is so necessary to the Germans in their Flanders opera? tions. The Germans also attacked in the Argonne region last night, but fail? ed. The Russians are showing renew? ed uggrcaslon on the Caucasus front, driving the Kurds back In the Hua region and capturing Oromaru. The Russians report that a Hus? sion destroyer struck a mine in the Baltic and is sinking. Berlin officially admits that the Germans were driven back after they attacked along the Menln Road In Flanders and that the British now occupy crater positions on the Ger? man front lines along the Yprcs Passe hen dale road. KEREN SKY CHALLENGES OP? PONENTS. Premier Addresses Democratic Con? gress In Defense of Government. Petrograd, Sept. 28.?Premier Kcrensky addressed the opening ses? sion of the democratic congress yes? terday, defending the government's actions forcibly with an air of chal? lenging his opponents. He received applause from the less radical groups, but the opposition of the Bolshevik! was evidenced. GERMAN PEACE 1IYPOCRICY Chancellor Praises Pope's Proposal. and Criticises Wilson's Reply. Amsterdam, ?ept. 28.?German Chancellor Michaelis in a speech to the main committee of the Reichstag said the Pope's peace proposals were inspired by his moral seriousness, love of pure Justice and neutrality, which things were ell lacking In President Wilson's reply. ceipt given Is good In any part of the United States as the best kind of hv curity and money can be borrowed on it for not more than 6 per cent, there? fore, be It resolved "(1) That we, the Farmers' Union of South Carolina, in meeting assem? bled on this the 27th day of Septem? ber urge and call on our fellow farmers throughout the country to hold their cotton for higher price* and market very slowly. ? Resolved (2) That the price of cotton should be at least 35 cents per pound at this time and this price will prevail if the farmors will hold for it." A committee consisting of E. W. Dabbs, R. M Cooper and F. H. Hyatt was appointed und submitted as a re? port the following resolutions which were unanimously adopted: "We representative farmers and business men of South Carolina call? ed together by the president of the State Farmers' Union realizing the Important part which the cotton farmers of the South have to play In this great struggle have met today to crystalize public sentiment around such prices for cotton and cotton seed that will give to tho producers a fair share hi tho maiket prices of the pro? ducts of thorn staple crops. "We desire to place upon record our entire loyal'y to our government in this awful crisis of our national life. "Wo wish to assure President Wil? son of our sympathy for him in the burdens which rest upon him. "Wo urge our people not only to produce and consume food for our soldiers and our allies but to con? tribute of our money and oar time to tho Red Cross and all endeavor for spiritual, mental and moral welfare of our gallant boys. "We do most earnestly urge our p* ?plc, farmers and wage earners es? pecially, to invest In Liberty Bonds and other government securities for the twofold purpose of eucoura^im: habits of thrift ami investment, and that the rank and tile of our people may l>e the willing creditors of our government In this titantic Struggle for human rights. "We feel that this meeting would not measure up to Its respomV bil it ? Its opportunity and its personnel did we not give expression to th?> fore? going practical sympathy with the government and solemnly pledge our lives, our fortunes and our sacred honor to the cause of world wide hu? man liberty." SECOND LIBERTY LOAN. CALL 1SSVKD FOR SUBSCRIP? TIONS TO $3,000,000,000 OF BONDS. Secretary McAdoo Announce* Details of Loan and Calls on People to Rally to Support of the (Govern? ment. Washington, Sept. 27.?Secretary McAdoo tonight announced the de? tails of the second Liberty loan, which will be offerod to the public October 1. The chief features are: Amount?$3,000,000,000 or more, the excess not to exceed one-half oi the amount of over-subscriptions. Terms of bonds*?Maturity, 25 years; redeemable at the option of the secretary of the treasury in ten years. Denominations of bonds?Fifty dol? lars and multiples of $50. Interest rate?Four per cent, pay? able semi-annually on November 15 and May 15. Terms of payment?Two per cent, upon application; 18 per cent. Novem? ber 15, 40 per cent. December 14, and 4 0 per cent. January 13, 1918. The privilege of converting bonds of this issue into bonds of any subse? quent issue bearing a higher interest rate than 4 per cent, during the pe? riod of the war is extended, and through an arrangement under which bonds will be printed with only four coupons instead of 50 (to be exchanged at the end of two years for the bombs containing the full number of coupons), deliveries will b prompt. In this manner the is sje if interim certificates will be avoided. Secretary McAdoo's announcement reads in part as follows: "With the approval of tho presi? dent, I have determined to offer on Cctober 1, 1917, $3,000,000,000 or more of American 4 per cent, con i vertible gold bonds, due on Novem? ber 16, 1942, and subject to redemp i tion at the option of the United I States at par and accrued interest on I and after November 15, 1937. The tonds will bear interest from Novem? ber 15, 1917, and the interest will be . payable on May 15, in each ; ear, ' "The exact amount of bonds to be i ismied under this offering will depend on tie amount of subscriptions re l ceived. It is expected subscriptions ? in excess of $3,000,000,000 will be I received and in that event the rlghl I is reserved to allot bonds in excess of $3,000,000,000 to the extent of not over one-half of the sum by which i the subscriptions received exceed $3, 000,000,000. In other words, if sub? scriptions to the extent of $5,000,000, ? 000 are filed $4,000,000,000 of bond may be allotted, i "The bonds will be offered as be? fore at par and accrued Interest and be in denominations of $50 and mul? tiples thereof. "The bonds shall be exempt, both as to principal and interest, from all taxation except (a) estate or inheri? tance taxes, and (b) graduated addi i tlonal income taxes, commonly known as surtaxes and excess profits and war profits taxes. . . . The interest on any amount of bond and certifl ctaes authorized by said act, the principal of which does ont exceed in the aggregate $5,000, owned by any Individual, partnership, association or corporation, shall be exempt from the taxes provided for in clause (b) above. "If a subsequent series of bond.s (not including United States certifi? cates of Indebtedness, war saving cer? tificates, and other obligations ma? turing not more than five yeans from the issue of such obligations, re? spectively bearing interest at a high? er rate than 4 per cent, per annum ?hall ... be issued.before the termination of the war between the United States and the imperial Cerman government then the holders of bonds of the present series shall have the privilego at the option of the several holders, of converting their bonds, at par, into bonds bear? ing such higher rate of interest, at the Issue price of bonds or such subsequent series not less than par, with an adjustment of accured inter? est .. . "Subscription for the bonds must reach tho treasury department, Washington. D. (\, a federal reserve bank or branch thereof or some in? corporated bank or trust company in the United States ... on or before the close of business October -7. 1917. The application}: must be ac? companied by a payment of 2 per cent. of the amount applied for, and sukscquent installments upon bondft ullotcd will be due as follows: Eight? een per Cent, On November IT?, 1 0 1 7 j 40 per cent, on December lt. 1!? 17; 40 per cent, on January 15, 1918, "On the latter date aeenred inter? est on the deferred installments will also bO payable. "I am very glad t<? be able to an nounee that, by authorising the en? graving of these bonds with only four coupons attached instead of the Tnjy number of .'?'> cofupons, it will be possible to have the actual bond ready for delivery as soon as full I WOULD EXPEL LA FOLLETT. HANKERS APPLAUD DEMAND THAT SEDITION BE CRUSHED. Nicholas Murray Butler Says tho Wis? consin Senator Has Proven Himself a Traitor to the Nation. Atlantic City, N. J., Sept. 2?.? members of the American Hankers* Association launched into Vehement expressions of approval when Nicho? las Murray Butler, president of Co? lumbia University, addressing them today on "The Changing World," de? manded that congress oxereiee its constitutional right to expol United States Senator La Follette. "We are repelling attacks upon American people and institutions of two kinds," Dr. Butler said. 'We are fighting acroeu the gen and we are lighting evil-mind k1 suspicion, cow? ardice and treason, which have raised their hands at home. Our soldiers can fight the soldiers of the enemy. You and I have got to light sedition and treason here. "Have the Amcriran people lost their capacity for indignation?" he asked. "There is a provision in the consti? tution providing that congress may expel a member by a two-thirds vote. What are they thinking of to sit there and. permit themselves to be contam? inated by Senator Robert M. La Fol? lette?" Cries of approval came from every side as Dr. Butler proceeded. "Gentlemen, you might just as well put poifcon into the food of every boy that goes to his transport as to per? mit this man to make war upon the nation in the halls of congress. "I am a native son of New Jersey, which has two patriotic sons in the senate. I call upon them to take up tho challenge. No single act would go so far to shorten the war." Again the audience applauded. "Hudreds of millions of dollars are being expended and thousands of lives aro being lost because we sit by, unindignant and supine," Dr. Butler declared. Speaking of peace Dr. Butler said: "Do you see the significance of the cooings of peace which come from Berlin? They are intended to weaken our efforts before the next world for which we are in search has been dis? covered?a world for which the free nations have armed themselves for a contest and will not cease until this world has been founded. "Any human being who asks* for peace on any other terms than uncon? ditional surender is asking another and still greater war. Peace will only come when the supreme confidence the Germans have in their instrument of armor and their world dominating aims are brought to defeat. That is the only road to peace." OPPOSED TO BREAK. President of Argentina Explains t< Congress Why Break With Ger? many Is Impossible Now. Buenos Aires, Sept. 28.?In prepar? ing a message to congress answering the request that relations with Ger? many be broken, President Irrlgoyen Is understood to take the position that it is impossible to break rela? tions because of the Luxburg inci? dent as that matter had been ad? justed by the German explanation. REWARD FOR DESERTERS. Officers Will Now Probably Exert Themselves to Find Slackers. Washington, Sept. 28.?A drive has been started to round up the select? men who have not reported. Those who are wilfully absenting themnelve. are considered deserters, and will be courtmartialed. Fifty dollars will be the reward paid for the delivery of each deserter. payments are completed .... On and after November 15, 1919, the holders of the bonds will have an op? portunity to exchange them for new bonds having attached thereto cou? pons for the balance of the period for which the bonds will run. "It is expected that on or about October 10, 1917, there will be in the hands of the several federal reserve banks a supply of these new bonds ready for immediate delivery to sub? scribers, in amounts not fh> excess of $1,000 to any one subscriber against payment in full, tuereby avoiding in such casvs the trouble incident to waiting until after allotment for de? livery . . . "The campaign for the sale of thees bonds will open Monday Octob? er 1 and will close Saturday, October 27. I confidently hope that when the Campaign is over it will be found that tho total number of subscribers is at least 10,000,000 and the total sub? scription In excess of $5,000,000,000. Such a response would be a notice to our enemies that the American peo? ple as a whole intend to support with all their powers their government in the prosecution of this war and the achievement of an early ami lasting pi ace." TEDDY IMS BIG. 1 COLONEL RELATES OWN STORY OF VENEZUELA" INCI? DENT. Roosevelt, Then I?re.Nldenr, says He Threw Down tlic Gauntlet and tier* many Decided for Arbitration. Chicago. Sept. 27.?Colonel Roose? velt today gave his version of the secret conferences he held with the German ambassador in 190.? relating to the occupation of. Venezuela by Germany, an incident that then threatened to bring on a war between Germany and the United States. Col. Roosevelt told the story for the first time, he said, in an address at a luncheon here. "It was about a year after I took office," Col. Roosevelt began, "Ger? many was engaged in striving to ex? tend her dominion. She had in view certain chosen positions in South America. She aimed to turn South America into a German appendage. Venezuela at that time had a dictator named Castro, commonly known as the 'monkey of the Andes.' "I was determined that Venezuela should not become a German posses? sion. Germany said it was not to be permanent and did not define what w .is meant by permanency. I permit? ted John Hay to write a number of notes and then I sent for the Gorman ambassador and seid to him: " 'This Venezuela business- has been going on long enough and I can not afford to let it get to the point where it will cause trouble for this country.' "At that time England was back? ing Germany and, while I had both against me, I paid little attention to England. It was the last flicker o1 England's antagonism to the Unite*! States. "I called the attention of the am? bassador to the fact that Germany had a squadron of warships near Venezuela, threatening the mouth 01 the proposed Isthmian Canal. I de? manded a statement of what Germany meant by temporary possession, say? ing I did not propose to have any 9 9-year leases. "The ambassador told me he did not feel he was at liberty to diseuss such an important question. That confer? ence wound up with the following ultimatum: " 'Tell your government that In ten days It must arbitrate the matter or I will send Dewey down there.' " 'I can not send such a message, Mr. resident. I do not think you realize what it means,' the ambassa? dor replied. 44 'You think it means war?' I ask? ed. 414I do not want to say what 1 think,' was the reply. 44 'If it means war, you have chos er. the one spot where you can no fight us,' I replied, and then I show? ed by maps our commanding position "When he retired I sent word to Dewey to be ready to sail on an hour's notice. About a week later the ambassador called on me and ad mitted that he had not dared send tin message. "I then told him that I would or dor Dewey to sail in 48 hours. He told me it would be an awful thinp for this country. 44 'Yes, but It will be more awfu' for your country,' I replied. "Inside of 36 hours he came bacK smiling and said he had received in s ructions from tho Gorman govern ment that they would arbitrate. GERMANS ROUNDED UP. Navy Officers Help New York Poll? Arrest the Men. New York, Sept. 26.?A round-ui of Germans- in the five boroughs 01 Greater New York who have violatei the terms of permits granted them to enter barred zones to enemy aliens or who have gone into these dis tricts without permits, was begun late tonight. The arrests were made b> policemen cooperating with officer of the navy. It was said that mon than 200 men would be taken intc custody. Fifteen police department automo biles and detectives were sent tc various parts of Greater New Yorr city to spread the drag net for th< aliens who have been under surveil lance for some time. Soon after tlu hunt started motor cars began re turning to police headquarters in th< dicerent boroughs, bringing prisoners Within a short time nearly 10( men had been assembled in the drill hall at headquarters- in Manhattan The detectives who made the arrestl brought wdth them satchels, sui cases and bags of all kinds which it was intimated contained important documents. Some of the German: were taken into the room where Cap! Tunney of the "bomb squad" makes his headquarters. One of the men taken in o CUStod} was Heinrich Wetterhahn. wireless expert on the German steams! i| Frederich Dergrosse, on which in < ?ndlary bombe were manufacturd t< vet tii?' to ships, MORE MEN HEEOED. FIRST INCREMENT OF NATIONAL ABUT SHOWS DEFICIENCY. Large Number of Men Must be Called to Fill National Guard and Or? ganize Sixteen National Army Di? visions. Washington, Sept. 26.?There is lit? tle doubt now that a large deficiency of men will be shown when reports on the first increments of the Nation? al army's 687,000 men have been made. Seventeen National Guard di? visions must be brought up to war (Strength and several special service forces organ zed out of this reser? voir, so the aumber of drafted men remaining at the cantonments hard jly will be sufficient to organize the 116 National Army divisions on a full strength bas s. Whether incomplete divisions will be formed or a call for men issued lias not been indicated. Secretary Baker said today that definite figures- as to the number of National Amy men it would be nec? essary to transfer to the National Guard were not available. The flghti ig strength of the new division is now fixed at 27,500 men. The 17 guard divisons on that basis will have a total strength of 437,500 men. The guard probably brought into the federal service a total of not more than :i00,000 men. It will take therefore at least 137,000 National Army men :o fill up the guard divis? ions. Another 100,000 of the Nat? ional Army will go to the air service and certain y as many more to other special services. That would leave not more than 250,000 men to form the 16 National Army divisions, which would hove an aggregate war strength of 433,000. With the adoption of the European regi nental and company standard, every guard regiment which was to be included in a division had to be expanded. Regi? ments and parts of regiments are be? ing consoliatded to furnish the 3, 600-man regimental unit now de? sired. The guard consolidation has brought upon the department a new source of trouble. Numerous colon? els and regimental staffs of the guard are certain to be left without com? mands, since the number of regi? ments has been reduced. This has already praved a fruitful source of protest frcm State officials. The policy of the department, it is said, will be to ind places for such guard officers in other forces as far as pos? sible and desirable. A CALL TO GERMANS. Otto H. Kahn Appeals to Americans of Gcnuatn Blood to Fight for De? mocracy. Harrisburg, Pa., Sept. 26.?Urging Americans of German descent "to join in our country's righteous strug? gle tgnlntt a people of thir own blood, vhich, under the evil spell of dreadful obsession * * * has made itso'f the enemy of this peace-loving nation." Otto H. Kahn, banker, of New York, before the Harrisburg Chamber of Commerce, today plead? ed for sup lort of the war policy of the administration at Washington. Scoring that Prussianism, which, he said, "with profound cunning has instilled into Germany the demoniacal obsession of power-worship and world-dominion," Mr. Kahn tracod the methods by which, he said, tho Teutonic people have been "system? atically poisoned by the Prussian rul? ing caste.* "The world fervently long3 for peace. Lut there can be no peaco tnswerlng to the true meaning of the word, no >eaoe permitting the nations of the earth, great and small, to walk unarmed and unafraid, until tho teaching and the leadership of tho apostles of an outlaw creed shall have become d screditcd and nateful in th-i sight of he German people. "Woe to the German-American, so called, who in this sacred war for a cause as- high as any for which ever people took up arms, does not feel a solemn, urge, does not show an ea;r or determination to be In the very forefront of the struggle, does not prove a patriotic jealousy, in thought. In action and in speech, to rival and to outdo Viis native-born fellow-citizen in devotion and in willing sacrifice for the coumry of his choice and adop? tion and sworn allegiance and of their common affection and pride. "He who shirks the full measure of his duty and allegiance in that nob? lest of causes, be he German-Amer 1 can. Irish-American, or any oth *r hyphenated American, be he [, W. W. or Socialist or whatever the appella? tion, does not deserve to stand among Americans or indeed among free me* anywher \ "He who, secretly or overtly, tries to thwart the declared will and aim of the nation in this holy war, is a traitor, and a traitors fate should be his." Mr. O. H. Policy and family have returned from Murrell's Inlet.