The Short Crop and Great De mand Place Speculators * In Quandry THE WHOLE WORLD IS HUNGRY FOR COTTON Exchange Gamblers Who Have Sold Short, Face Tremendous . Loss ^ - Columbia, Nov. 13.?J. Skottowe Wannamaker, president of the Am Cri mean Cotton Association, declared in a statement issued today that based upon supply and demand, the price fdr which the manufactured product is selling", the cost of production and the price of other commodities, cot ; y; ton is cheaper at 50 cents per pound, basis middling, today than it was from 1890 to 1895 at five cents per pound, basis middling, j Mr. Wannamaker declared that leading, manufacturers had admitted RR.that cotton was worth, based upon . * the manufactured product today, from I 60 to 75 cents per pound, basis mid dling, and that based upon supply and demand, even higher prices could probably be paid before the 1920 crop became available. A strong ? appeal is made by Mr. Wannamaker to the farmers to hold their cotton. " He declared that the Ajnerican Cot fggrton Association is going to carry out its purpose of retiring two million hales of cotton and see to it that the staple is marketed more gradually. "The cotton producer for the last sixty years" said Mr. Wannamaker, **has ignored the marketing end of the proposition. Instead of warehousing ? his cotton and slowly marketing it over, a period of twelve months his cotton has been rushed upon the mar ket. To a large extent he has mar keted his cotton as fast as* gathered and has sold it regardless of the price. As a result of his cotton passed into the hands of the speculators and brought great riches to the specula tor and in fact to every line of the cotton industry in the world where it is used commercially except to him self; to himself he brought poverty. Supply and Demand. ? '.'We are facing the greatest demand for raw cotton which has ever exist ed within the last sixty years. Com pared with demand we are facing the shortest supply that has ever existed in this period. There will not be suf licient cotton to ?11 the pressing wants of the manufacturer from either the cotton on hand or from the growing crop, so that we are facing the absolute certainty of an exhaus tion of the supply of cotton before the J^O^^rop i>ecomes available. Should the 1920 crop meet with unfavorable weather conditions or a crop calam ity, the result would prove truly a world calamity. Price of Manufactured Product. ? "Profits of manufacturers have reached such proportions that their ability to pay for good grade cotton has created a bullish factor of ex traordinary potency. A profit of $100 per bale or 20 cents per pound on the manufactured goods is really moder ate at this time. Narrow print cloth sold jthis week on a basis that would give the manufacturer a profit of thirty cents a pound or $150 per bale. Wide print cloth sold on a basis that would provide a profit in excess of 35 cents per pound or $175 per bale. We find in our investigation a few cases in which goods of a special con struction, which for this reason- were quite scarce, are returnning a profit of 84 cents per lb. or $370 per bale. The cotton used in the manufacture of these special goods is strict mid dling, one inch cotton. Future Commitments. "The manufacturers have sold an enormous amount of goods for which they must have good grade cotton. Manufacturers the world over are extremely short of cotton. In addi tion to this there are only 22.000 bales of certified cotton now in New York. 2,200 bales of this amount being low grades, which leaves a balance of only 20,800 bales of tenderable cotton. In addition to this Europe has hedged on the New York and New Orleans ex change all cotton in transit. The de livery of this cotton has caused them a tremendous loss. Another matter of vital importance and far-reaching consequence is the fact proved by the actual investigation that there are 1. 000.000 bales of cotton bought in the New York and New Orleans exchange fcr early spring months, including January. In addition to this Europe, as fast as her finances would permit, has bought cotton on the Now York and New Orleans exchanges, for her ? future requirements, so that the actual co.ton now bought on the exchanges for which Spot deliveries will be de manded are in excess of the possible renderable cotton to be secured from either the cotton on hand or the growing crop. The result will be startling. In all probability as a re sult there will be days on which., not a contract can be bought on the New York or New Orleans exchange. The bears in their desperation t<> escape the inevitable exchanged close months for distant months and today are cau&ht in a trap from which it is im pels ble t<> extricate fhemselv? s. / A Fair Price Cotton ' Based upon supply and demand.: the nrice for which the manufactur- I ed product is selling, the cost of pro- ' deerjon and the price of other com - ! modities cotton is the cheapest com- i mouity in the world today. Based , Upon these conditions it is cheaper at . 50 cents, per pound, basis middling.; than it was from 18A0-95 at 5 cents,' per pound, basis middling. Manipulators Active For the first time in sixty years HIGH COST OF LIVING ErTorts for Relief Inaugurated! in Several Countries By Government i _ i I Washington, Nov. 12.?That the! [whole world is struggling with the in- j i creased cost of living, is indicated in .'reports to the State Department. The 'increases in Europe . are particularly I high although in Latin-America the I governments are anxious over the j situation and are trying to find means j j of combatting the difficulties presented | by the high prices of commodities) ! deemed essential. In Portugal the government, in an ! attempt to lower the cost of living,! jhas placed, through the Minister of | ! Fiance, a part of its gold reserves in ithc banks of Lisbon, j- In England. the cost of living j above pre-war level is ggfr^u at 110 [percent for September and 120 per-j Icent for October, as to actual ntces Jsities of life and based upon average j 'living cpou?ti?ns of wage earners. A ? more distinct rise has occurred in the 'cost of commodities so far as the other i elements of population in Eng'rjvl Jare concerned, being unofficially esti jmated by some at^ approximately 135 jpercent with a steady upward trend, j In Sweden, figures furnished by the ; Swedish government indicate that the icost of living has increased 157 per 'cent over the cost in June 1914. In jthe cities the increase has been very j I much greater than the average forj jthe country The Argentine Government has sug- ; ? gested to other South Ainerican coun I tries and discussed with them an in ternational arrangement with a view !to doing away with import duties'on unmanufactured food' products as one means of cutting down high cost cf living. Information which has reached the State Department regarding this plan is to the effect that a suggestion has been made that a conference be called by the Argentine Minister for Foreign Affairs to discuss this ques tion of exchange of real necessities of life free of customs charges. In Brazil the tariff! is being revised with a view to reducing the cost of liv ing in that country. In Uruguay the percentage of increase of present cost of living over the cost in June, 1914, is estimated by the Uruguayan gov ernment at: food 52 percent, fuel 48 percent, light 75 percent, rent no in crease. I DIES FROM INJURIES ? __________ J. Ford Prioleau Succumbs, Fol lowing Accident Charleston, Nov. 15.?J. Ford Prio leau, formerly of Beaufort, who was seriously inpured Wednesday after noon, in a traffic accident, died early this morning at a local infirmary. He was 38 years of age. The remains have been sent to Beaufort. One other j fatality from accident was reported j today in the death of Miss Mary Britt, j of Enston Home, who was overcome by gras. She was 59 years of age. A little colored girl. Rineart Murray, was probably fataHy "burned, when she fell into a fire place. ! THE CAPTURE OF OMSK DENIED iBolsheviki Insist That They Hold City London,. Nov. 17.?The capture of Omsk by Russian soviet forces which was unofficially denied in advices through Scandinavia yesterday, is re ? asserted in a Bolshcviki communique received by wireless today from Mos cow. Severe street fighting preceded the capture and more than on thou sand prisonrs were taken by the Bol sheviki, it is declared. jthe manipulators, '.che have accumu- j {lated vast wealth as a i*esu!t of their 'prearranged and concerted efforts to beat down the price of cotton, arc j facing the absolute certainty of being, not only denied the privilege of suck ing, the life-blood from the producer as well as the consumer, but in addi- j jtion arc facing the inevitable certainty! j of fabulous losses. !Steps Taken by the Producers Under The American Cotton Association "As a matter of self-preservation and self-protection the producer has [adopted the safe sound method of [warehousing his cotton, and remov ing, from the market two million bales of good grade cotton, this cot ton to be held off of the market until inext June, July and August. He will {market the balanc*- of his crop slowly. [This plan is not only the one followed [by all business organizations but in addition'to this it will result in the jbilizing to a certain extent the cotton ! market, protecting the producer [against unfair pr5 s being paid for I off-grade cottc, .nd will result in [bringing a fair price for his product j [based upon supply and demand and [the price of The manufactured pro- j duct. This same system has practi- i jcally been enforced by the manufac- i turers with the finished product for) the las: sixty years. Had it not been for the manipulation referred to above, and wen- the law of supply and demand permitted to function this would not have been necessary. [Before this decision a painstaking in vestigation was mad'-, the matter was taken up with the various lines of the cotton industry, and leading manufac- ! turers confirmed the statement as to \ svpp-y and demand, price of the man- i ufacUired product and also the state- 1 ment ;is to the conditions on the ex- J change. Leading manufacturers stat" ed th.it cotton was worth, based upon ; the manufactured product today. I from ?>0 to 75 cents per pound, basis middling, and that based upon supply and demand, even much higher prices should probably be paid before the 1920 crop became available. "Hold your cotton for ??< fair price, i To sell under the above conditions! you will enrich the speculator, the other lines of the cotton industry, and continue to bring prosperity to oth'V sections except the South. Much higher prices are an inevitable cer tainty, as certain as death and taxes." THE CHAMBER OF COMMERCE -: County Fair Bureau of Infor mation Special efforts arc being made to make the big American Cotton As-: sociation meeting a success during the j county fair this week, when at 11.30.! a. m. at the grand stand at the fair] grounds every member of the Sumter County Branch of the American Cot-, ton Association, and that means ev- \ cry member of every township branch 1 of the Sumter County Branch of the association is expected and urged to be present. Every member is par ticularly urged to bring one or more msn who have not yet joined this as sociation which has been largely re sponsible for putting up the price of cotton from 20 cents to 39 ."-i cents because of the partial and systematic temporary organization of the farm ers and the holding of so much cot ton off the market to cause the uni versal law of supply and demand to function in the interest of the cotton growers. Permanent organization and cooperation me:tn permanent living prices for cotton. Every member of the association is invited to visit the booth of the Sum ter County branch of the association in'the main building of the county fair. The State headquarters of the American Cotton Association, working in conjunction with the Sumtcr Coun ty Chamber of Commerce, has suc ceeded in getting Mrs. IL R. Clink scales, general State secretary, to come here for three days from Co lumbia to take charge of the associa tion interests at this booth. She will have an abundance of printed litera ture and statistics, and other interest ing information to furnish the farm ers, merchants, bankers, lawyers. I doctors, land owners, employees, and all others who wwl visit this attract ively decorated bocth. Look for the big signs: "The Sumter County Branch of the American Cotton As sociation," side by side with the signs marked: "The Sumter County Cham ber of Commerce Bureau of Informa tion and Boll Weevil Buckers." A campaign to "bust the boll weevil lines" and to murder low prices for 1 cotton will be started in Sumter Co. i at our fair this week. Every member of the Association has been sent a card by County Sec retary E. I. Reardon, inviting him to attend the meeting next 'xhursday. Secretary- Reardon says that he doesn't expect more than about ten per cent of the members to read these cards, as the average member of any kind of association never bothers to read anything about his asociation, andi if he does he forgets all about it in five minutes. That is one rea son why farmers don't get any more for their cotton than they are get ting. They are not organised as they should be and each farmer is a sep arate unit working to and for him self, while the forces he goes up against are organized with plenty of human brains, intelligence, system, capital and cooperation, working to get what the farmer has to sell for las little as possible and then resell it to the farmer for four times what they paid the farmers for it. Come to the big meeting next Thursday and bring your friends with you. This means not only farmers, but mer chants, bankers, lawyers, doctors, real estate and insurance agents, manu facturers, clerks, and all ether em ployees, land owners, and every body interested in securing right prices for cotton in which we are all inter ested in the South. Mr. J. A. Evar.s. assistant to Dr. Knapp, and in charge of States Rela tions Service in the South, of the U. S. Department of Agriculture, will be here for several days during our fair and will lecture each day at the grand stand on diversification of crops necessary to combat boll weevil conditions. Other experts of the gov ernment from Washington and Clem son College will be here also to lec ture. The daily concerts by the famous Royal Scotch Highlanders Band of 23 artists, and the song solos by four or five splendid artists of. this great, bond, featuring Bobby Brolliere, the ivorM renowned Scotch tenor, this band playing two concerts of two and one-half hours each for three days of the fair, November 19th to 21st, inclusive, will prove a veritable musical festival in fact. The famous Delemcade Troupe of acrobatic, aerial and comedy artists, featuring the live beautiful and ac complished Earle sisters in their dar ing, death-defying, spectacular per formances on the high revolving wheels and double revolving ladders, will prove very interesting and enter taining. The band concerts and the Delem< ade Troupe will be absolutely, positively and certainly, outside, open aii- and free attractions to every one within the fair grounds for four days, for the Delerneade Troupe and three days for the band. There will be plenty of good things to eat. substantial, all round square meals, and also light refreshments, and plenty of things to drink, from simon pure water right on down or up the list to constitutional limitations marks. WAS IT A FRAMEUP? Slate Department Information from Mexico City Today Points That Way. Washington, Nov. 17.?Consular Agent Jenkins ;it Pueblo was detain ed ;\: the penitentiary for two hours after his arrest en charge of collusion with bandits who recently kidnapped him. according to Stau department advices today from Mexico City. He then was released without bail and ?s now restricted to his own home. A corporation has been formed in j Sumter for the purpose of handling j aeroplanes. The see}-, tary of Si;ire. j YV. f\ L?ove on Friday commission-j ed this corporation with a capital stock of $5.000. The promoters of the' concern .,i: e L. I >. Jennings and J. j Craig Hurst. The concern content- j plat.s doing ;i general aircraft bus!- i ness. This is one of the first con-1 corns in the state to organize. ' Lumber !i Flooring. Ceiling:, Siding, Casing, Mouldings, Framing Lumber, Rod Cedar Shingles. Pine and Cypress Shingles, Brick, me, Cement, Plaster. Fire Brick, Fire Clay, Sewer Pipe, Stove Fine, mg aterial Metal axsd Composition Shingles, Terra Cotta Thimbles Doors. Sash and Blinds, Mortar Colors and Stains Porch Columns and Ballasters, Water Proofing Mineral, Beaver Board. Corrugated Metal Roofing. Valley Tin and R:dsc Roll, Asbetos and Composition Roofing. Hardware, 1'As amis Locks, Hinges, Nails, Grates, Saws, Hatchets. Hammers, Door IIaTigei*s. Carpenter's Tools, Paint Brashes. Pa?nts and Oils. Jitside Decorations, CaLsomincs and Cold Water Paints, P WIRK FENCING, IRON AND WOOD POSTS EVERYTHING FOR THE HOUSE Booth & McLeod, Inc. SUMTER, SOUTH CAROLINA j BOSNIA RECOVERS SLOW LY FROM WAR -EFFECTS Sarajevo. Bosnia, Oct. 6.?Bosnia ! may be a iong time recovering from jthe effects of the war. Factory pro duction is almost at a standstill, rail iroad transport is irregular arid uncer tain, stores are bare of stocks, im [ports are much reduced, clothing and {food are-/high in price and there is j much idleness among the people. The 'crops this year, however, are abun dant and there is sufficient food to 'meet all needs. i The German and Hungarian signs j which* formerly appeared above the I store windows have given place to [placards in Serbian, and Sarajevo has taken on quite the appearance of la Serbian town. The Serbian inhabi tants are of course quite content with the Belgrade government. but the (Germans. Austrians and Turks are not j quite so happy. There is a disposi tion, however, to accept conditions as ithey are and to hope for a resumption jof the commercial activity and advan I tages which the people enjoyed at jthe hands of the Austrians. The friends of the Serbs and Jugo-Slavs IhopY that with time the Serbian gov ernment will be able to match th* ! prosperity and progress which the ?Austrians and Germans brought to (the country. } Among the population America en i joys great prestige and respect j This is jargcly due to the timely help ? brought to the country by the Ameri j can Red Cross and the United States ! Food Administration. Until the arriv |'al of these relief agencies. Americans [had never before appeared in Eosnir in any considerable number. The [presence of officers cf the Red Cros? 'and the Food Administration has hac1 ja splendid moral and educational ef fect among the Bosnians. Much of ithe rancor and harsh feeling engen idered by the war has been removed j and through the work of these Am .oricans the larger part of the people new look upon the United States as n : friend, not as a foe. j - i Bolsheviki Weakening is Opinion of British Military Experts. London. Oct. i?.?British military ! experts believe Russian Bolsheviki cannot withstand the onslaughts of (their enemies longer than two months [and that something definite is likely jto happen in the Russian campaign by : December 1. j It i" pointed out that the Eoishe jviki hn'io employed German tactic? jin moving men from'one front to an joiher with mere or less success but 'that recently each success has been a j little less marked than the previous <>ne and that it is reasonable to sup jpose that such tactics in the end must ibreak down unless one enemy is com pletely subdued. When the Bolshe viki centered against Folchak some : months ago and drove him back 70U miles, their southern front was left ?'\yeak whereupon General Denikinc started his advance which has result-: cd in clearing up south Russia, j The Bolsheviki have withdrawn rinany men from the Kolchak front. I Iflfiving the admiral :? chance to ad-1 j vance. In the meantime the western! j .front has become a menace to Bol-j jshevism. The British experts be [licve peace was broached to ;be Bal tic states because the Bolsheviki real ized they no longer could hold back [tin ir enemies on three sides and main tain the force in northern Russia al [sq. A Xcw Largest Battleship. : Glasgow: Oct. 10.?A new "largcsi ! battleship in the world'' will soon slip {down the wa;rs to establish new rec : ords in the annals of naval construc tion. The ship, a battle crvi^cv. is the I Hood. She will '>?? launched in Xovcm ; her. it i? announced. Her builders say j she is not only the largest in the Brit ish Xavy. !>u' the Iargesl warship ever constructed. Not even the four super arendnaughts b ?ing buili for the I'nif j ed States Xavy. ships of 12,000 tons approach the enormous bulk of the Hood, hcv normal displacement being it."00 tons, and at full load, about! 4$.000. Pitted with oil-fired boilers and j reared turbines, which develop 144. 000 shaft horsepower, the Hood is ex-j pected to show speed of thirty-one J knots in her trails. HVr armament and anti-torpedo protection is so elab-j orate that she is said ro be the nearest approach to the "non-sinkable" ideal which constructors have been endeav oring for years t" attain. Details of the Hood's gun power, it is claimed, will cause i sensation when made public. i railroad confer ' ence postponed j _ j No Hope of immediate Settle ment With Brotherhood Heads . ! Washington, Nov. If;.?Hopefor an i immediate settlement of 'the four 'great railroad brotherhoods demands I vanished today. When further ses j siens of the conference becween di j rector General Hincs and the Brother hood heads were postponed indeii j nitely. I race trouble in delaware I Negroes Kill One Policeman and Wound Another j Wilmington. Del.. Nov. 14?The sale ! of firearms here has been stopped and i negroes have been warned to keep j off the streets as the result of race {trouble here last night, following the j murder of a policeman and the prob j able fatally wounding of another by I negroes. Fearing that enraged citi Jzens might attempt to lynch the three negroes charged with the crime, the ! police rushed them from the city. The j prisoners are brothers, and arc now in Philadelphia. prince of wales ; at white sulphur Needs Rest to Recover From Washington Reception ? White Sulphur Springs. West Va.. Nov. 15.?The Prince of Wales and suite have arrived here .for a three .lay stay. He will remain incognito! luring his visit and will attemp to re cuperate from the effect of his strenu-j >us Washington reception. the bolsheviks ! lose heavily! _ General Yudenitch Captures! Twelve Thousand - j Helsingfors. Nov. ID.?In the course 1 >f the recent offensive General Yuden .tche's forces captured 1-.000 Bolshe /iki according to a northwestern army j report. 5?r>: thousand casualties were; suffered by the Bolshcviki. miners still 1 remain idle' V i - j Waiting on Developments ofj Washington Meeting ? i Chicago. Nov. 14.?Only a light in crease in the amount of soft coal pro-1 duccd throughout the country is in prospect today. The miners generally, have showed a disposition to await de velopments of the meeting in Wash-j ington o? miners and operators to at-I tempt to negotiate a new wage agree ment. bolsheviks ad mit defeati _ i Driven Out of Brest-Litovsk After Eight Davs Fighting I _ ! - i London. Nov. 1 !.?The Bolshcviki have neen overthrown in Brest-Lit ovsk, a Soviet wireless today from;' Moscow admits. After fighting the in-j surgenis there for eight days, the dis-j patch says, the Bolsheviki withdrew, j fiume block ade raised; Italian Government Formally Lifts Embargo '{ Copenhagen. Nov. l (.?Italy has of-|i ticially raised the blockade of Fiume.! > according to advices from that city receive! through Austria. San Francisco. Nov. 15.?Raids on! the I. W W. and other radical organ izations, as a result of the Centralis i shooting, were continued during last i night up and down the Pacific Coast, resulting in the arrest of scores of 1 prisoners. ' j HIGHER ADVER TISING RATES Southern Publishers' Associa I tion Calls for Action. News papers Urged to Increase Rates at Once ! New York, Nov. 14.?A resolution' j favoring an increase of 25 per cent, in i the rates on both foreign and local : advertising in Southern newspapers ; was adopted here late today by the i advertising committees of the South j em Newspaper Publishers' Association ; which met here to plan a $10,000 cam ipaign for exploiting the South. The in- . j crease in advertising rates was favor jed because of the shortage of white 1 paper. I Arthur G. Newmeyer of New Or ! leans is chairman of the committee j which also will meet tomorow with j the advertising committee of the 'Southern Council of the American Ad i vertising Agents' Association to ' dis j cuss the ways and means of spending j $1.000 monthly in the interest of the ; South, contributed by 102 newspapers 'of the association. Mr. Newmeyer suc j ceeded Walter G, Bryan, formerly of j Atlanta, but now of New York. | THE FUNERAL OF SENATOR MARTIN ; Senate Takes Recess 4o~Eer^it^ Members to Attend j - . ? ?'. - 1 Charlottesville, Nov. 14.?Commit ; tees representing the Senate and I House ore here today to attend the fu ineral This afternoon of Senator Mar f tin. The Senate committee is headed ; by Lodge and Hitchcock, the House ! delegation by Cannon. The Senate ; recessed today to permit members to , attend. \ ! AIRPLANE EXPRESS i - ! Giant Kadley-Page Making Trip i I to Chicago I ' ' : - - I Mineola, Nov. 14.?A giant Handley Page plane, commanded by Vice Ad miral Mark Kerr, left this morning on an attempted non-stop flight to Chi cago. It carries S passengers and 15 hundred pounds of express for the American Railwaj Express Co. TWO HUNDRED PUT IN JAIL Government Is Making Clean Sweep of I. W. W.'s Seattle. Wash.. Nov. 14.?Nearly two hundred men suspected of be ing members of the Industrial Work-' ers of the World are in jails in various,. ? cities and towns in the Pacific north west today, as a result of raids grow ing out of the Armistice Day shooting at Cciitralia. Washington. AID FOR YUDENITCH Finns Decide to Assist ture of Petrograd Helsingfors, Nov. 14.?The Baltic, slates conference at Dorpat is advised that Finland has decided to aid Gen eral Yudenitch with thirty thousand* volunteers, in his new attempt to take Petrograd within the next few weeks. This development may seriously in- j t erf ere with, and perhaps bring to an end efforts of the Baltic states dele gates to reach an agreement with the Russian Bolshcviki. PRINCE OF WALES COMING SOUTH Will Spend Three Days at Win ter Resort Washington. Nov. 14.?The Prince of Wales leaves tonight, incognito, for it three days' stay at a Southern win ter resort. His destination is unknown. ?.: He will make no further public aPr pearam e until he arrives in New Yof'k. next Tuesday. Morganton. West Va.. Nov. 15.?De partment of Justice agents have ar rested twelve members of the Scotts Run Local of the T. W. W. They brought them here and placed them in iail.