The watchman and southron. (Sumter, S.C.) 1881-1930, April 19, 1919, Image 6

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TWO HUNDRED MILLION BANK Cotton Jtfen Endorse The Prfr posed Plan ?or a Marketing , Corporation AND DETERMINED Senators and. Congressmen Are Working With Cotton Farm mers' Association.. . * j Columbia, April 16.?Delegates from the South Carolina Cotton As ['? JsOeiation to the Southern Cotton Con 1. ventien in New Orleans next month ihe't in Columbia yesterday with members of the South Carolina dele Ration in both houses of the nation .. al congress. "The proposition to form a Cotton "Marketing Corporation with $100, 000,000 capital was heartily indorsed, with . the suggestion -that this capital X stock, be made $200,000,000 instead. . It was also recommended that the scope of the proposed organization be so enlarged as to include cotton seed. To further enable the South to finance the cotton crop the committee also recommended that banks be urged to .increase their capital stock " 5.0* per ' cent, or to such amount as they may find practicable. State banks .?weTe, urged to join the federal reserve system so as to become links in the great chain of the national financial system.and. thus be in a position to "ariden the margin of loans that may / bo 'made to farmers on agricultural . products. It was recommended that in-the organization of the prorosed cotton marketing corporation and in the Increase of capital stock of -banks, Liberty bonds be accepted as stock, and that farmers be encour aged to purchase, liberally of stock in the corporations and in the banks. 1c procuring subscriptions to the cot ten corporation, the amounts will bei apportioned as the different Liberty I 'loans were apportioned in the cotton 'growing States. j Bfe>The- committee met at 11 o'clock! yesterday morning at the Columbia! Chamber of Commerce and with a! "brief intermission for lunch, continued In session, until-after 4 o'clock in the afternoon. The following were pres ent :; \$*OT' R- 1a. Cooper,. Lieut.. Gov., J. T.N Lisi es,' Orangeburg: J. H. Glafty, ' ;Orangehurg,*' J. - S; Wannamaker, . Matthews; T. P. Cpthran, Greenville; B; F. ' McLeod, - Charleston; Paul ' Sanders,. Rftter? R;' G.;. Rhett, Char leston; Lt'I>. Jennings, Sumter; Doug las .Mclntyre, Marion; vT. G. McLeod, ? ^hopiville; tfrt!'* \EL . .Montgomery, Klngstree; '? B.* .'H. Moss. Orangeburg; ; Senator Smith. Lynchburg; Senator j DJal, La?rens; Congressman Byrnes, j Ai&eh; * Congressman Stevenson, Cho ir^;'Congressman Lever, Lexington, i .-The; me^tjing was-organized with J. "s! -Tlfonn?maker ?s chairman and Joseph M. MeCabe as secretary. 5After a full and. lengthy discussion, a^special commfittee was appointed for the purpose of preparing resolutions on'the cotton marketing- and financ- j ing .corporation. This commlt .ee con- j sisted of R. G. Rhett, L. p. Jennings and,J. S. Wanrtamaker. The follow-j ing resolution was offered by this com mittee, and after a full discussion, was- unanimously passed: "Resolved, That this special com mittee appointed by the South Car olina Cotton Association do heartily indorse the proposed organization of a cotton marketing corporation, with a "capital stock of ?100,000,000, and with powers to deal in and with cot- j ton to the very fullest extent, but| would recommend that, if practicable, j this capital be made $200,000.000, and its scope be enlarged to deal in | and. with cotton seed. "This committee believes that it! \ would be practicable at this time to j raise the amount of $200,000,000, es- j pecially if the stock be made payable! in Liberty bonds, if desired by the j % Subscriber. *Tt is essential in the judgment of j this committee that the .- majority of j the stock be owned by the farmers of the' South, and this committee rec ommends that proper provision be made to secure this end. 'This committee is confident that the people of Soutb Carolina will 0 take their proportion of the capital! stock" of this corporation, whether j he $100,000,000 or $200.000,000*' and pledges its full support to see! that said stock is taken. "This committee recommends that all banks in the South increase their I combined .capital and surplus by 5<? i per cent, or to such an amount as they j may find to be practicable, for the) purpose , of enabling them to make j . larger loans to individual borrowers; upon cotton collateral, and to meet! the. increasing demands upon all! banks for financial assistance. "It is suggested that there is a j very large investment in Liberty; bonds in the South which may be I converted into this increase of capi- ! tal with advantage both to the inves-1 tor and the bank. "State banks in the South not mem - j br?rs of the federal reserve system j are urged to join the federal reserve! system." v- The great importance of securing i ^the large government warehouses t<>1 bemused in connection with the hand- : ling of cotton and other products was j fully discus*ed and a special commit- I t<*e to have entire charge of the mat-j ter of securing these warehouses was j appointed, consisting of lt. G. I Rhett. chairman; A. F. Lever, E. D. J ??mith. J. H. Claffy. t. *> Cothran. H. j & Montgomery and J. S. Wanna- j maker. The matter of changes in the na- j tional banking laws was fully dis cussed and on motion this entire; matter was turned over to Congress- j man Stevenson with the request that h- handle the same. The ""cthod em sieved by the 1T'*V ' GOV ALLEN GETSNOWHERE Proposition to Prosecute Cotton Growers Declared Absurd In Washington SEC. HOUSTON DODGES ISSUE In Absence of Request From, j Cabinet Officer No Opinion j Will Be Rendered. i - j Washington, April 15.?Attorney j General Palmer said this afternoon I that he had not received any request I from Secretary of Agriculture Hous | ton to render an opinion on the con | tention of Governor Allen, of Kan sas, that cotton producers violate the anti-trust 'laws when they agree to reduce acreage. In the absence of a request from Mr. Houston or from some other member of the cabinet, the attorney general added, no opin ion would be rendered by the de partment of justioe on the subject. Efforts to obtain an expression from Secretary of Agriculture Houston on the matter were unavailing. How ever, Assistant Secretary of Agricul ture Clarence J. Ouzley. had no hesi tation in characterizing the demand of Governor Allen for the prosecu tion of cotton growers for self pro tection as absurd. "You cannot indict a whole peo ple," Mr. Ouzley declared. "The j Southern farmers are merely trying j to keep cotton within the limits of I demand. Of course nothing will come of this proposal to prosecute them. They are merely trying in self-defence to prevent the. accumulation of a vast surplus of cotton, which would re sult in a heavy loss to them in their chief business. "The department of agriculture." continued Mr. Ouzley, "has not pre sumed to instruct cotton farmers as to the precise acreage they should plant, but it has taken pains to in form them as best it may as to the supply and the probable demand, and has urged that each farmer make sure the production of his own staple food and feed supplies, because the hunger and disorganization of a large part of the world are such that food and feed supplies will be in greafde mand at high prices. "With the carry-over of 3.150,188. bales at the end of last season, it will be seen that a normal yield on a nor mal acreage in 7 919 might cause the accumulation of a disastrous surplus. If .the crop of 1919 should exceed consumption by a million or two bales and add to the carry-over that much more, the probability is that cotton farmers are solicitous, and that bank ers ami merchants in the cotton belt who' are carrying cotton on a credit basis quite above the present quota tions are taking thought of the value of their assets as they will necessari ly be affected immediately by the acreage and later by the yield of 1919." The attitude of the department of agriculture is sufficiently shown by its publications encouraging cotton farmers to reduce their acreage of this crop. Postmaster General Bur leson, a member of the cabinet, is himself a cotton -grower and under stands the situation. There is no indi cation that Governor Allen is getting anywhere at Washington with his grandstand play about prosecuting the cotton growers for observing the first law of nature, which is self preservation. eminent in making acreage estimates and crop estimates was fully dis cussed, it being brought out that the representative of the government in Sou;] Carolina is one of the most ac tive a;:d painstaking in the entire; belt. This entire matter was referred j to a special committee consisting of J. S. Wannamaker, chairman, T. G.; McBeod, John D. Frost and B. B Ilar'\ with instructions that they prepare the most practical form for! the securing of accurate and correc: ! crop acreage and estimate reports) and use their best efforts to have the \ same enacted into law at the next; session of the general assembly. A full and lengthy discussion of! the cotton seed situation resulted in passing a. motion instructing- the j chairman to take up wtih the secre tary of agriculture and also with the I pure food department, the matter of the importation of oriental oil and the cotton seed situation as existing! today, using every effort to have I same relieved. On motion Governor Cooper was requested to write Governor Pleas-1 ant. chairman of the- association, I Baton Rouge, L-a.. informing him tul-' ly of the various matters handled byi the South Carolina Association yes- j terday and urging that he. as pres ident of the Southern Cotton Associa-j tion, he requested to 'immediately^ urge each of the governors of each <>f: the cjotton growing States to appoint 20 delegates to attend a meeting of! the representatives of the variouwwcot- ! ton growing States on May 11. 15 and K> or :is near those dates as possible.' s.-jid convention being held for tie fol-j lowing purposes: The first tiny to bei given to reports on aore;ige reduc-1 tion. crop preparation, and various! other matters touching the campaign] for acreage reduction and holding of I cotton for remunerative prices; the! second day t<> be given to the com-j pletion of the organization of thel foreign marketing and exporting cor- j poration. and the third day to bej given to the adoption of plans, by laws and constitution and the organ ization of a permanent cotton asso ciation throughout the entire cotton belt: also for the discussion of the! financing and banking of cotton and j such other business as touches these; subjects. It was decided that the great bene fits to be secured by the farmers,! merch'iutt?, '>&n!i*?ro and business men' WORLD FACES LUMBER FAMINE Roger Simmons, Who Has Re cently Come Back From Russia Gives Testimony HE HAS STUDIED SITU ATION IN EUROPE Says Russia, Which Before War Supplied Over Half, Not In It For Years. Chicago, April 15.?Roger E. Sim mons, who was sent to Russia in 1917 as a member of a United States gov ernment commission to study the lumber situation in war-devastated countries and who was taken prisoner by the Bolsheviki government and .1 one time sentenced to be shot* LoUay told the legislative commission inves tigating high prices of building ma terial that the world was facing a lumber famine. Prices of lumber, he said, were cer tain to rise in the next few years be cause of the unprecedented demand which would come from the recon ' struction of the war-stricken regions of Europe. The major portion of this lumber, he said, would have to be supplied by the United States and Canada. Canada already has received an or der from the British government for one billion feet of lumber, while this country has received orders for one million feet of oak from England and twelve ship loads of lumber from Italy. Mr. Simmons said Russia, which, before the war, exported 52 per cent of the world's lumber supply, would not be in -a position to cut lumber until five years after the government had been stabilized and order restor ed. Austria and other countries which exported lumber before the war are in a similiar position, he said, so- that the present burden in supply ! rng this commodity would have to tv borne by this country and Canada. England, Mr. Simmons said, had subsidized a corporation to erect saw mills in Siberia to supply the home needs of that country. Great Brit ain recently called on its citizens im mediately to build 300.000 homes for returning soldiers and sailors, th? government agreeing to refund 75 ?per cent of any differential cost between today and five years from now. Replying to questions regarding j the future of Bolshevism in Russia, j Mr. Simmons said: "Bolshevism is like a scourge, which must run its course. I believe that eventually it will fall because of its brutal injustice and immorality. It is the ?greatest menace to "real democ racy- that the world has ever seckC" Fighting Parson to Speak Chaplain of the Old First South Carolina To Deliver Address on 27th. Trie address at the Memorial and Thanksgiving Services on th^ I'Tth will bo delivered by Rev. John* S. Lyon who was chaplain of the 123th Infantry cf the Thirtieth Division. jThis was the former First SouthjCar olina of the State militia. The selection of Chaplain Lyon to make this address is peculiarly ap propriate, as he is himself a man 1 who was at the front. Mr. Lyon was wounded in the fighting that the Thirtieth .saw so much of. so what he will have to say will be right from the heart, for he will know what he will be speaking about. The Memorial and Thanksgiving j services will be held at four o'clock J Sunday the 27th, and will be part one of the celebration for the soldiers and sailors: part two being the pa rade and reception the next day. Czechs and Poles Threaten War \ Armed Forces Concentrated on Disputed Frontier ? Warsaw, April 1C.?Cracow advices state that Czech forces have been concentrated in Silesia close to the line of demarkation between the Czech and Polish forces. It is said j the Czechs haw- announced that they ?will settle the frontier question by force of arms. A Czech detachment j is reported to have entered Polish j territory at Lutynica where- it clashed! with Polish forces. _ I Anarchy in Munich - Under Soviet Rule Robbers Loot Houses and Banks Unmolested j London. April l<>.?Complete an archy reigns in Munich, according to a Copenhagen dispatch to the Ex change Telegraph Co. All work has ceased. Trains stopped running and ! robbers are looting houses and j threatening the banks. the dispatch j ??? stes. The- first infantry regiment.! the report says, has joined the Spar-i tacides. of the South organizing have been so; wonderfully demonstrated in the or-j ganization of the South Carolina! Cotton Association thai a thorough! and permanent organization of the; cotton association of the entire belt Is of vital importance to the develop ment and prosperity of the South.-j The central committee was urged to j prepare by-laws. rules and regula-1 tions and to take necessary steps; for ih<- purpose of assisting to form ;? permanent organization throughout!; the entire belt. The completion of' this organization to take place at the ! ? V" Qrlcans con" enticn in Lhiy, v a LLOYD GEORGE BEFORE COMMONS Premier Tells Parliament That Allies Have Reached Under standing PEACE TERMS PRE SENTED NEXT WEEK Strongly Opposed to Interven | tion in Russia?That Country Must Save Itself. London. April IS.?The allied rep j resentatives in Paris have reached a complete understanding on all the great fundamental questions that j would effect peace with* Germany, j Premier Lloyd George declared in {addressing the house of commons to day. The allies had formulated their demands and he hoped by the end of next week they would be pre sented. Replying to previous criticisms of his activities at the peace conference Premier Lloyd George said tke sit uation is still full of perils for all countries. He pleaded that thos? who are trying to do their best be let alone. The time spent "by the con ference in framing the league of na tions plan saved time instead of wasting, it he declared, as the league would provide a means for the ad justment of possible errors. "I would rather leave Russia Bol shevik until they see their way. rath er than see Great, Britain landed in bankruptcy." was one declaration. "It's not true the United State? and Europe have been at variance.' the premier declared. He deprecated attempts to sow discontent among the delegates. The premier said it was his convic ! tion that military intervention ir j Russia would be the greatest act ot stupidity. He declared that reliable information showed that while thf Bolsheviki force is apparently grow ing Bolshevism itself is gra*8uall3 waning, 'breaking down before th( relentless force of economic facts. Belgium in Council J Given Representation on Su preme Economic Board Paris, April 15 (By the Associated Press)?The supreme economic council has decided.that Belgium ma\ ; be represented thereon in view of th? many questions affecting that coun ' try. i The council has received the report J of the director general of relief meas j ures effected by the United States ! showing that 3S$,000 tons of supplies to the value of $111.280,000' have ! been distributed. The council consid : ered measures to increase supplies ? and shipping during the current i month j The serious deficiency in coal in iltaly today,led the economic council j to appoint a committee to devise j means for an immediate increase of i the supply. j The official statement of the . worn j of the council says: t 'The supreme economic council j held its fifth meeting at the" ministry I of commerce on Monday, April 14. at 10 a. in., under the chairmanship of Vance McCormick. "It was decided, in view of the large number of questions coming be } fore the council which particularly I affect Belgium that the Belgian gov ernment should be invited to nomi nate a representative who shall have the right to attend the meetings of the council and of its sections. "The disposal of surplus stocks of raw- material in possession of the al lied government for sale to the Ger j man government during the per:oc I prior to the treaty of peace undei j arrangements to be worked out by a j special committee in conjunction with ! the blockade and finance sections of \ the. council, was approved. "The director general cf relief sub mitted a^review of relief measures ef fected by the United States. Great Britain, France and Italy during the month of March through the coordi nation of the supreme economic coun cil which shows that supplies amount ing to more than 38S.000 tons, to a total value of .280,000 wore dis tributed during the month. (Director General Hoover's figures recently given out were 388,041 tons, to the value of $95,100.000). "The council considered the meas ure necessary to increase the supplies finance and shipping required for the following months. "The council again considered tlu serious deficiencies in the Italian coal situation and a committee was ap pointed to devise definite measures Cor the immediate increase of the insuf- ! ficient supply/' Camp Bids are Opened Government Gives Out Figures Offered for S. C. Camps i Washington. April !?"..?Following are the bids opened today at the war department on the South Carolina camps which the government is un dertaking to sell: .Vorth Camp Jack son, E. W. ffoyle, of Rock Island. 111. bids $17.00(1 for the entire camp; Camp Sevier, New Wrecking Com pany of Indianapolis, $45.100 for en tire camp. $10;<?00 less if the govern ment retains the remount station: Camps Wadsworth. New Wrecking Company, Indianapolis. $46,100 for entire camp, $10.000 deducted if the government retains the remount sta tion and $15,000 deducted if the gov ernment retains the hospital. - Paris, April 16.? Hugh S. Gibson,' secretary of the American embassy at P.uis. has been appointed as the first minister of the United Utatcr to j Inland. I " : DELAYS ARE ANNOYING! Try Our SUDDEN SER VICE The easiest and the handiest place to trade BOOTH and McLEOD, Inc. REWING INDEMNITY Division of Money Expected of Germany Expected to Cause Trouble SMALLER NATIONS DIS SATISFIED WITH PLAN Belgium Has First Claim But Share Allotted Her Is Not Satisfactory . I Paris, April 15.?The reparation ! (problem and settlements still have .{troublous limes ahead in connection [{with the question of distribution of the indemnity to be paid by Ger I many. The smaller powers that suf fered under the German invasion are still to be heard relative to their shares of the reparation fund, par ticularly Belgium, whose claims are entitled to first consideration under (various pledges. j The tentative scheme of distrtbu j tion which France and Groat Britain ! have advanced apportions probably ! 85 per cent of the total sum to these J powers, leaving the remainder to sat isfy the demands of Belgium. Italy, Serbia and others. This is smaller than the secondary powers expected and they are almost sure to be dis satisfied with it. Senate Will Adopt Treaty Senator Hitchcock Says Changes in League of Nations Cove nant Insure Ratification Washington, April 1.3.?Senator Hitchcock of Nebraska, retiring chair- ; man of the senate foreign relations: committee, in a statement tonight declared that the change made in: the league of nations constitution as. officially announced in Paris would j remove virtually all objections to the j covenant. Ke predicted that the! peace treaty containing the league: covenant would be ratified by the sen- j ate. "The changes that have been made j in the league of nations covenant," said Senator Hitchcock, "are very sat- j isfactory, and are conclusive answers to all the objections that have been! made to tne p??ui. I think they re- j move most of the objections that) have been raised by senators. Where I t-he constitution has been a little in definite, it has been made definite and J certain. It is materially improved in ?'orm and language. President Wilson has won a great victory." Most of the senators who signed the Lodge resolution were out of the city tonight and couldi not be reached to obtain their views regarding the changes that* have been made and the probable effect of the alterations upon opposition sentiment in the sen ate. Senator Lodge, Republican leader, left Washington early today for his home in Boston. Senators j Borah of Idaho. Knox of Pennsyl- j vania and Poindexter of Washington] (Republicans) and Reed of Missouri] (Democrat) who have criticised the draft of the covenant first propose.!, "ither are on speaking- trips in con nection with the league plan or are at their homes. News From Russia American Commander at Arch angel Says Situation is Satisfactory Washington. April 15.?Brigadier Genera! Richardson, the new Ameri can commander in Northern Russia, reports the military situation satis factory in his first official dispatch since his arrival. Tin- message is dot ed April 13th. about two weeks af ter the mutinous conduct the Ameri can company, which refused to go to '.he front from Archangel. It is as sumed H -re that by satisfactory mili tary situation he means that proper discipline prevails among the Amer ican troops generally. Murder in Budapest Bolshevik Government Carrying On Wholesale Executions London. April 15.?A Copenhagen dispatch to the Exchange Telegraph Company says two Berlin newspaper! print reports from travelers tha" communists at Budapest have execut- | cd Archduke Joseph. Dr. Alexander Wekeerle, former premier, and Ba ron Josephs Seteprcnyi. minister of commerce renorts. he dtcoatch -j'v are uot confirmed. t< h GERMANS PLAN BIGSOVffif Resolution Adopted to Admit Owners and Professional Me^n As Well as Laborers SEEM TO HAVE A GLIM MER OF REASON j A Government Organized ?n This Plan with Equal Rights j to All Would Not Be Bad: \: ! _______ i ?????? ! Berlin. April 15.?Despite the ad verse votes by independent Socialists I the soviet government today adopted \ a resolution sponsored by the ma* jjority Socialists for the incorporation ?of :he national economic energy'into a nation-wide soviet system, ???"The j owners and workers in all branches j of production will be organized, ar i tists, journalists, preachers, physi ! cians, as well as manual workers, be j ing expected to appoint local repre i sentatives for territorial divisions. \ t ? *? w - ;More Wage Increases i - ?Advance of'Twenty-five Dollars I a Month Over Scale of Last > j Year For Express Employees ; Washington, April 14.?Wage in [creases averaging about $15 a month ; for approximately 69,000 employeesrof I the American Railroad Express Cont I pany were announced tonight by Di rector General Hines. The increase represents an advance of $25 a month above the wage scale in efliect January 1, 191?. ; i i The director general also raises the 'wages of 12,000 sleeping and parlor car employees $25 a month above rthe basic minima in effect January "l, 19IS. Since approximately half of this sum was awarded by the gen* eral wage increase of last year,. the net addition of this order will be lhe remainder, or about $12.50 per month Wages of 10,000 dining car employ ees were advanced $25 above -the. basic monthly minima in effect Jan uary 1, 1918. This will yield approx imately $8 a* month additional to each employee, since two-thirds of this':'$^5 increase was taken up in the general wage advance last year. These minor wage orders, for-rail-: road employees which were included in the estimate of $67.500,000 in in-* creases announced in connection with the wage order affecting the four trainmen's and enginemen's brother hoods, several days ago. complete finally the "war circle" of wage ad advance. F"uture applications' fo? higher pay will be considered in the light of peace time conditions ?" but will bo dealt with by the same agency which threshed out the past wage questions. The wage orders are to become ef fective at once. Tho express employees' applied more than six months ago for more pay and in some localities threatened a strike. Later they presented their case to the war labor boarel but withdrew it when assurances ? w^ere . given by the director general that the railroad administration's board of : railway wages and working conditions would take up their case. About. that time the American railway ex- ' press company was taken over for operation by the railroad administra tion. Killed At Church Negro Shot to Death at Union town ChurchJNear St. Charles Albert Montgomery was shot and nsiantly killed at Uniontown church", lear St. Charles, Sunday by Thomas Fefferson. Three shots were fired Vom a ..32 caibrei rovlolver, two aking effect, one in the shoulder and he other in the neck, which broke he small column and caused in fant death. After the shooting Jef-' erson walked off without molesta ion. none of the large crowd of ne roes .present at the meeting making my attempt to arrest him. Later in he afternoon the rural police were lotifie'd and they made an effort to ocate Jefferson, but he left that sec ion of country, leaving no trace. Jefferson's home was in the Lynch urg section of country and he and >. hree other negroes from Lynchburg ttended the meeting. It is stated hat "Montgomery, who was a St. "harles negro, was sitting in a bug y with ft woman when he was shot. vne origin of the trounce has not ecu learned. New York. April 15.?The Presby irian church in the United States as approoriated four hundred thou stnd dollars as part of its new er*, rogram for the education and vm ?re of th* negroes of the cc'un.try it us.announced. iiere tGd?y;