The watchman and southron. (Sumter, S.C.) 1881-1930, May 05, 1920, Image 1
THE SCMTER WATCHMAN, Establisl
Consolidated Aug. 2? 1
? ????????????????^^
THE COTTON
SITUATION!
Commissioner of Agricultnre Ad
vises Farmers to Hold Cot
ton and Force Mills to
Pay a Fair Price
Columbia, May ^3?Commissioner
Karris has been making a personal j
survey of crop conditions in South
Carolina and offers some advice to
the farmers. "Usually by the middle
of April/' says Mr. Harris. "We fmd !
planting of cotton well under way, j
and indeedV quite a lot of cotton above j
ground. This year, owing, to the un-I
usual weather, very little cotton has
been planted here pr anywhere in the
^cotton belt. Not over 50 per cent of
\ the average crcp has been planted
itnd a great deai of the land is yet to
"be prepared for the planting. ,
"Therefore, in order to make a nor
mal crop, every day from now hence
forth must be ideal cotton weather.
* "The spinning trade ii-in the most
tfluorishing condition in its history,
and it is being more generally recog
nized that with the large demands
for goods at present high levels the
price of Southern cotton is relatively
cheap. According to the law of sup
ply and demand, cotton should be sell
ing for 60 cents, the price that the
American Cotton Association recom
mended for the remainder of the 1919
crop.
** Affairs are entirely in the hand's
of the farmeas and spct holders. If
they positively refuse to take present
^prices it,will immediately advance to
5Cc and above, as the spinners will
call the speculators for delivery as
they. are making unheard of profits
now. So, I say again, sit steady in
the boat and, freeze to your spots and
they will pay your price.
"Pay no attention to futures con
tracts prices, they cannot be spun.
However, if you have no use for your
money, if you will hold your cotton
until July 1921 it will pay you a big
Interest for after careful review of the
first crop and weather reports of tho
season State by State and after
comparison with private reports from
every State in the belt, we have ar
rived at the conclusion that this is!
likely to be. another season of short |
yield and that from the beginning itj
5s, doomed to be a short crop. In the j
few sections of the belt where plant
ing .has be^n done, germination is t
very unsatisfactory .mainly because of !
the' low temperature that has pre
vailed and the first planting went to
"zjanght in -lur^e areas.
"In many places in the belt it has
been planted now the third time be
forevgetting a"stand: Too much''rain
and. low temperatures always work in
Jury to the crops, especially cotton.
"There has never been a time sinco
cotton has been planted that such a
bear raid has been made upon spot's:
-cotton, and they have not succeeded !
in driving it down. I want to say j
to spots holders that if the weather j
keeps good for a week or so they will'
drive October and December contract:*'
-much lower, but this will not effect
the spots if the holders will not get
panicky and sell.
"Freeze to your spots. Don't sell
until the price is reached. It will
come if the farmers will not reieass a
.pound until it gets\to 50 cents and
>ve. The price of goods justifies it.
If you don't get your price ' don't
hlame the other fellow. Did you know
lat the spinnable cotton is not
"enough to run mills of the world
more than five or six months. ;?p.<
that if the cotton to be grown thi:
year should be withheld from the
market until December 1st then the
majority of. the mills*" would have to
close down bri aceount of lack of cot
ton to spin? Well, these are facts,
and the producers of cotton never had
the opportunity in their hands as they
have today.
"X hope -that the producers- wi'J
realize that this is a fact and that
they will make up their minds not to
put any new cotton on the market urn
til December. Then market sparingly
and you can name your own price, i
Xow I want to urge every farmer so i
to arrange his farm this year that he j
will make plenty of supplies.such as
corn, hogs, hay and syrup. Don't'
neglect planting a pop-corn patch |
and peanuts so that the children may i
.nmuse themselves on .rainy days and j
in the long winter evenings.
"Remember, the. farmer that makes
all his home supplies has half finan- I
ced h^cotion crop to begin with."
AMERICANS ARE
KILLED IN MEXICO
The American Embassy Reports
Two Americans Killed by
Ban?its
Washington. May 3.?Mexican ban
dits killed Eben Francis Grenlaw and
his son. American citizens, according
to reports from the American embassy
at Mexico City to the State Depart
ment.
DANVILLE, VA.,
HAS BIG FIRE
-Claimed to Be the Result of De
fective Wiring
Danville, Va., May 3.?Damages es
timated at $70,000 done in the busi
ness section of Danville, Va., were
the result of a big fire. Defective
electric wiring was thought to be the
cause.
led April, 1830.
Be Just ?
881.
s. C. develop
ment board
_
Plans Formulated to Secure j
State-Wide Membership !
and Assured In
come
-
Columbia, May 3.^Plans for the!
State wide campaign of the South j
Carolina Development Board are go-1
ing forward rapidly. The object of
the drive, which will be made between f
May 24 and June 5, is to enroll a total j
of 5,000 individual memberships and J
pledge an. annual income of $250,090 j
for three years. . Members of the \
campaign forces say there is no doubt
of success, for the - average in each j
county need reach only 109 members
and $5,433. [
"Do it for South Carolina" will"bei
the slogan of the campaign. Officers!
of the development board point ou?. j
that this is not a promise to do some- <
thing but ja justifiable boast of having j
already done several specific things, j
They .say that it is the success which j
has been attained already with a small j
membership and income which has
prompted the effort to do more and in
a larger way for South Carolina:
The tentative program of the or
ganization contains IS projects of
State wide interest, none of which has
heretofore been possible of accom
plishment, but which, will be certain
to go through with 5,000 South Caro
linians united behind them. Most of!
these- relate to the State's agriculture, \
with liberal attention to industrial]
and commercial possibilities. With the
income sought, th,e board will be able
to csrry along all of them rapidly and
then take on others as they may
arise.
bankers to fight
reserve ruling
Financial Men Plan National Pro
tective Association
Washington, May 2.?Delegates]
from 30 odd States were here today
for the permanent organization meet
ing tomorrow of the Nation and State ?
Bankers Protective Association. Theyj
are chiefly State bankers opposing the
universal par clearance ruling of the
Federal Reserve Board, who infor
mally organized at New Orleans last
P'obruary at the call of the Country
Bankers* Association of Georgia- Va- i
rious organizations of ? both National
and .State banks have since joined j
the movement.
Resolutions, now before - congress!
calling for investigation of the poli-j
cies and actionn of the Federal Re
serve Board will be urged for definite
action and a move toward a deposit |
boycott by," State banks against city !
banks using Federal Reserve Clearing!
House facilities-may be taken. Under1
the plan advocated. State banks would1
withdraw their deposit acbunts from
city banks collecting State bank
?checks through the Federal Reserve.
A resolution "*for such action was
adopted by the State bankers of Flor
ida recently at Pensacola with rccom
I'mendation that similar action be ta
| ken at tomorrow's meeting to make
j the "boycott nationwide. The banker^
?will have a hearing Wednesday befprc
i the Federal Reserve Board:
-
i -
j Government Harness
! Being; Distributed to
Counties in This State
'.. Columbia. .May 3?Twenty thousand
! dol'ars worth of harness is being di >
i'?ributcd .among the counties of South
j Carolina at practically no cost, by the
i Stafe Highway Department. The de
' partroent Saturday received a ship
ment of 260 double sets of wagon
harnes (tehe. equivalent of 269 dou
ble sets) from the federal government,
shipped from Jeffersonville, Ind.. har
ness that was purchased for army
mules. The harness is valued at ?80
a double set, ihe total value being
$20.800.
The first set to be delivered to a
county was turned over to Richland
road authorities Saturday. Every
county in the State is to he given
some of the sets, at a cost of per
set, this to cover transportation costs.
-:- /
british dere
lict destroyed
Washington. May 3.?The coast
guard service announced the destruc
tion of the British ship Westgate,
which was reported as derelict 300
miles southeast.
richl?nd'f?r""
prohibition
Columbia. S. C. May 3.?The Rich- ;
land county Democratic convention
this afternoon adopted resolutions en
dorsing the Wilson administration and.
rejected resolutions urging an amend- !
ment to the Volstead act to allow the
sale of light wines and beer. There j
was strong sentiment. however,
though in the minority, in favor of
mending the present prohibition laws.
The principles of Jefferson and Jack
son were also endorsed in res61ution. |
cleared of
charge of murder
Buffalo. N. Y.. May 3.?John Ed
ward Teiper has been acquitted of
the charge of murdering his mother.
uid Fear Not?Let all the ends Thou A
SUMTER, S. C, WEDN
WINTHROP RAISES
SALARIES OF ALL!
General Increases Given to En
* able Faculty and Officers to
Meet H. C. L. !
? , - ? i
Rock Hill May 2.?The board ofj
Winthrop college, in order to meet \
competition with other institutions in 1
securing and retaining instructors and j
to enable the professors and instruc-.j
tors of Winthrop to meet the high cost,
of living, has raised salaries to equal
those paid by the other State colleges]
and institutions similar to WinthropJ
elsewhere.
The salaries of the men heads of I
departments have been raised from
$2,400 to $3',000 and a home, or $300
for rent of a home; of women heads I
'of departments from $1,000 to $2*000;'
of assistant instructors from $1,000,
as a minmum, to $1,200 as a mini
mum, and from $1,200 as a maximum:
to $1,400 as a maximum. No assist
ant will be paid less than $1.200 here
after. The salaries of the matrons,;
housekeeper, bookkeeper, secretary,!
registrar, librarian, stenographers. |
nurses and other officers and workers!
about the college have been raised onj
lan average of 16 2-3 per cent. * 1
DEMOCRATS IN
CONVENTION!
._ i
South Carolina ?arty Getting
Ready for the Campaign'
Columbia, S. C, May 3.?Demo
crats are meeting today in county
conventions throughout the State to
elect" delegates to the State conven
tion. ;
COTTON MILLS
SHUT DOWN
Thirty Thousand Operatives ai
New Bedford Walk Out
New Bedford, Mass., May 3.?The
strike of approximately 20,000 opera-^
tives in 37 cotton cloth mills wen^
into effect today. The walkout was
the result of posting notices requiring*
loom fixers to operate more looms tha^j
formerly.
ROAD BUILDING .
AND LABOR
Wo have sehsed the facet that there
is .a feeling of considerable apprehen
sion in the minds of many of our
farmers as to how the Hard Surface
i Bond Issue proposition carried to its
conclusion would affect the farm labor
j question, already serious. We must
confess that we had looked upon this
' as one of the serious obstacles to be
\ met and overcome. But in the light
I of late rehab''- information this ob
j stae'e dissolves itself into very insig
iniJ'icant proportion;;. For instance
i Major W. Loring Lee teils us that he
i has just noticed where the West Con
struction. Company has taken a $2.
J 000,000 contract for hard surfacing
! roads in North Carolina and that on
j this work it expects to employ 68 day
: laborers only and that the greater
! part of these are part of their organi
sation trained for the special work in
; hard. We don't think it is any loo
'early for the speakers, the newspap
i crs and any others who arc interested
in getting all the facts before the
[people to see to it that this phase of
?the situation is brought to the at
tention of those of our citizens who
i are directly interested from thiu
j standpoint. We know of one instance
! where a farmer stated that he ex
: pected to vote against the issue unless
j definite- assurance 'was furnished be
? forehand that the work would be
i done in .such a way as not further to
! com plicate the farm labor situation.
jRoad construction today is done with
i the least possible employment and cx
J penditure of hand labor by employ
[ ing machinery in every way possible
and we do not think that the labor
phase need be one over which any
farm* r should unneccsarily worry.
STEEL TRUST
CASE CLOSED
Supreme Court Refuses to Grant
a Rehearing
Washington, May 30.?The Supreme
Court, refused to grant the govern
ment's request for a rehearing of the
anti-trust suit against the United
States Steel Corporation.
COLORED METHO
DISTS TALK UNION
Various Branches of the Denom
ination Hold Conference
St. Louis. May 3.?Plans for the
amalgamation of colored Methodist
Episcopal, African Methodist Episco
pal, Zion and African Methodist Epis
copal denominations will be consid
ered at the general conference of the
African Methodist Episcopal church
here.
; Nat. H. Portnoff formerly of Phila
delphia Conservatory of Music has ac
fcepted a position at the Lyric Theativ
and is .also making :i specialty of pi
iano teaching.
Ims't at be tby Country's, Thy God's a
ES DAY, MAY 5, 1920,
PANAMANS START
A DISTURBANCE
_
Thousands Protest Against Ac-i
quisition of Island by
United States !
Panama, May 3.?Several thousand I
Panamans marched +hrough the!
streets as a protest against the ac- j
quisition by the United States of the j
major portion of Tobaga Island for j
fortification as part of the Paoific de- i
fense scheme for the Panama Canal.
Mounted Police dispersed mobs which I
rocked prominent Panama officials.
5_ I
WILD CAT SCHEMES j
State Insurance Commissioner
j r* Issues Warning As to Oil
Well Schemes
*'? / ? - ; I
\ - ? !
f Columbia. May 3?South Carolina
I is .being' overrun with "wild cat" fi-1
hnahcial schemes, especially oil well1
rstock projects, according to Insurance j
Commissioner MeSwain, of Columbia. :
?who today issued a warning to the !
people of the State, through the press, j
not to invest in any stock propositions j
?unless they were' sure that those con- i
-cerns had been licensed by the insur- j
ance commissioner. i
Mr. MeSwain is sending to all sher- I
! iffs of the State and to all chiefs of |
police a letter asking them to be on j
the lookout for agents of "blue sky"
stock projects who are selling stock
without a current license from the in
surance department.
Mr. MeSwain states that every mail
brings some inquiry regarding the re
quirements under the state's "blue
sky" laws for such concerns to cell
their stock in this State.
A few days ago Mr. MeSwain was
visited by three men from Washing
ton. D. C, who wpnted a license to
-jrell stock in an oil weiy development,
j They told him that the first State they
had visited for ne sale of their stock
fcwas South Carolina, and asked why
this was they told the insurance com
] missioner that their section of th^>
country had been thoroughly worked
on such propositions and they heard
of the unusual prosperity of this
State and th' .?~ht it a good field in
which to begin tht- .-ale of their stock.
[|;Their financial showing, however, did
not warrant the insurance commis
sioner in issuing them a license.
Recently Mr. MeSwain was in the
''hospital for an operation and in his
{ weakened condition he was visited
I one day by three persistent agents for
fjsorae oiLwell proposition, who wanted
? a license to sell their stock in th*
State. Mr. MeSwain told them that
i his voice was too weak for him to talk
Imuch, but thaC he could listen. They
'"fired away" and Mr. MeSwain lis
j tened, but he hasn't yet issued their
j license. Mr. MeSwain says the State
j is being flooded with people who
! want to soil stock in concerns that
I propose ail sorts of moncy-maXing
j schemes.
J The insurance commissioner states
, that he is confident there are a num
\her of concerns selling their stock in
i the State without license, in violation
j of the laws, and it is with a view to
catching these agents that he is noti
I fying the sheriffs and police chiefs.
?If the agents are caught they will bo
I prosecuted. Licenses for the sale of
j such stocks must be issued April 1
j of each year. No license :s good un
j less it has bee.i issued subsequent to
?that date.
I The insum.nre commissioner reccnt
: ly investigated an oil well schema
I which was applying for license to sell
! its stock in South Carolina, and hie
; wrote to a prominent South Carolin
i i ian now practicing law in Texas. The
! lawyer's report on the company show
j ed that it was not well known and
was without strong financial founda
i tions. The lawyer advised Mr. Me
Swain not to License it, and he stated
i that if the concern were good it would
\ have no trouble in selling its stock
in Texas and would not have to come
: to South Carolina for capital. Ho
j stated that one out of every 778 of
I the small oil well developments suc
jceed.
j Insurance Commissioner MeSwain
has reports to show that the South is
i being overridden with "blue sky"
! financial propositions and he says he
j is doing all he can to warn the people
, of the State against such investments.
Enormous Profits
of Southern Mills
I (From the Manufacturer's Record)
1 The Tucapau Mills, of Spartanburg,
: S. C, one of the big cotton manufac
turers of the South, has just declared
a stock dividend of 303 per cent, and
the Spartanburg Herald reports that
$850 a share was bid for the stock
of this company. The Easley Mills,
of Easley. S. C. has also declared a
stock dividend of 300 per cent, pay
aide in preferred stock yielding 7 per
cent a year. The Saxon Mills havci
declared a stock dividend of 100 per
cent and other mills are reported us
likely to declare large stock divi
dends.
While the amazing prosperity, of the
cotton mill industry is adding enor
mously to the wealth of the South,
these great dividends show that the
cotton mills could have paid a much
higher price fo** coton and still have
earned enormous profits. Unquestion
ably the cotton producers have not
had a fair division of this prosperity.
Rev. .1. I*. Marion went to Columbia
this morning to attend a meeting of
tho trustees of Chicora College.
COTTON STOR-^ <
AGE COMPANY
$100,000 Company Organized to -
Store and Finance
Cotton
Columbia, May 3?The Southern '
Factorage & Storage Comp my u .->~w} >
Columbia concern, capitalized at | j
>i*H?.0O0, will begin operations on | ?
J'me 1st, with offices in the Palmet- j1
to National Bank building. Thid
company proposes to do a general i
cotton factorage business, which will | i
consist of th^following services to j
the farmer and-merchant: 1. Se-j:
curing for them storage space. 2.
The accurate classing and weighing)
of their cotton. <This work the com
pany proposes to have done by gov
ernment expert graders). 3. Finan
cing it during the period it is con- J
signed. . 4. Securing for them it3|
value when sold. S
Columbia's railroad facilities and j
its geographical location make it a |
most advantageous point to store cot- |
ton, as cotton concentrated in Colum- i
bia is available to both the foreign
buyer and the American mills. It
is the object of this Company to put
the farmer and smaller merchant in
direct touch with these buyers at as
small a cost as possible, and by the
use of the Company's facilities, the
farmer and merchai.t can be assured
of .getting what their cotton grades,
weights and its full value when sold.
The stockholders of this concern
are numbered among some of the
largest farmers and business men of
this State, and its officers, named be
low, are men of long experience in the
cotton and banking business:
Joseph Walker, president; G. M.
J Tarrant, vice president and manager;
! R. L. Hollowell, treasurer; J. E. Davis
j secretary.
OKLAHOMA TOWNS
HIT BY TORNADO
j At Least Five Dead and a Dozen
Injured
1 ? .
-;
I Muskogee, Okla., May 2.?At least
J five persons were killed and a dozen
j or more seriously injured in a tornado
i which swept a wide path through the
j countryside north of Chelsea. Okla.,
. lato today. Passengers arriving here
) tonight on trains also reported a tor
! nado at Lusta. several miles east of
!Chelsea'? and about IS miles northwest
j of Choteau. one near Venita and an
:othc? near Pryor. Ail wires in that
i section are down. The town of Chel
j sea ? -itself - wst*?~rrot --damaged- by the
! storm.
j All the persons killed or .injured
j near Chelsea except one, who was
j struck while riding a horse, were in
i farm houses which were demolished,
i according to reports received tonight,
j Resellers tonight had been unable to
I traverse more Uha:i several miles of
jthe stricken area about Chelsea,
j A Missouri. Kansas and Texas
southbound passenger train which left
j Venita for Wagoner a fexv minutes
i before a tornado swept across, the
j railroad tracks several miles south
. of that town, was posted here as
j "lost," but limped into Muskogee
(shortly after midnight with a crippled
j engine. Passengers said they had ob
j served large areas of devastated coun
? try just south of Venita, but they
> could give r,o details of the storm's
damage in that section:
TEXAS DEMOCRATS
BACK PRESIDENT
_ \
Present Administration Receives
Indorsement'
Dallas, Tex., May 2.?Latest returns
tonight from Saturday's Democratic
j precinct convention throughout Tob
ias showed definitely that candidates
; favoring the president national ad
ministration had won 1,200 of the 1,
: 400 votes in the State convention to be
.held May 2Z. The1 anti-administration
i forces, headed by former . ^Senator
Joseph W. Bailey, according to avail
able returns had obtained 49 of the
State convention votes. One hundred
and 51 votes still were unaccounted
, for in the unofficial returns.
Tabulators made no effort to record
the votes cast in the precinct meet
ings, having confined themselves to
the tabulation of county convention
: delegates and their instructions on
national questions.
Complete returns will not be avail
? able, it was said, until the county
conventions meet. Tuesday to select
the State convention delegates in ac
cordance with instructions given by
yesterday's precinct meetings.
.NEGROES GET
NEW TRIAI
Helena. Ark.. May 3?Six negroes,
who were sentenced to death for al
leged participation in race disturb
ances last October, today faced a re
trial, which was ordered because the
-erdic* -.gainst them was held to have
been worded unsatisfactorily.
HUNTING FOR
THE DEAD
Chelsea, Okla., May 3?Searching
parties are spread out over the coun
try north of here attempting to ascer
tain the full extent of the tornado.
which struck this section at dusk last
night, causing the death of five per
sons and injuring a dozen. j
-,- mm a
UTHRON, Established June 1, 1866.
VoLL. No. 24.
GROWN PRINCESS
DIES SUDDENLY,
All Sweden Mourn Loss of .
Daughter of Duke of
Connaught i .j
Stockholm, May 2.?The entire na
tion has been plunged into mourning
by the death yesterday of Crown
Princess Gustave Adolph of Sweedea,
daughter of the Duke of Connaught
The official report of the physicians
who attended the crown princess
gives, the cause of death as general
blood' poisoning. She had suffered.
from inflammation of the ear which
necessitated an operation last Decem
ber'and this was followed by Maxilliar '
suppuration.
Erysipelas developed aroimd the
right ear Friday but the crown prin
cess still appea-~d to be in no dan
ger.
The crown princess was able to b<*
up Saturday morning but suffered a
sudden change for:the worse and died
within a few hours . -Weakness of J.ti$ ^
heart, augmented by the crown^ijrin
cess' expectant motherhood. w?s: given *
as the contributing cause of sdea'th:
TO PROTECT
AMERICANS
Destroyers Orde1 1" to Vera
Cruz and Tampico v
Washington, May 3.?American de
stroyers have been ordered to Veri
Cruz and Tampico to protect Ameri
cans there. ' ri
TORNADO KILLS 50
Oklahoma Storm Left Tra? of
Death In Its Wake
Muskogee, Okfd., May 3.?Fifty
persons are reported to have been i
killed and more than one hundred and
fifty injured as the result of the.
storm which swept Peggs, Cherokee'
county, 'last night. Not a house in
Peggs was left standing, the reports
said. ? .
RAILR??DLA
BORBJARD
Will Move to Chicago In Next
Two Weeks
????? * / ?.
Wash mg^ton^May 3 ?The railroad
labor board wifl move"" to Chicas^?
j within the next two weeks, ChafirMah ?
I Barton has announced.
IN REGARD TO
PRINT PAPER
j Witnesses Differ as to Means;of
Regulation
j Washington, May 3.?Government
j regulation of print paper consump
tion by excise tax was opposed and ap
proved by witnesses before the Sen
ate Investigating Committee.
CHICAGO BAKER
IN COURT
t ?
t ?-?.^
j Chicago, May 3?Chicago bakers
I have been summoned before the dis
! trict attorney, who is investigating
! bread prices. The bakers had ari
| nounced an increase in prices.
IBOMB FIEND
j SUICIDES
I New York, May 3?Tony Tazio, who '
I was detained by the Department of
'Justice as an important witness in
I the bomb outrages of last June, com
j mittcd suicide today by. hurling him-^
I self from the fourteenth floor of the
i building.
j New York. May 3.?Chief Flynn,
j 'head of the department of justice
i investigating bureau, said the man's
j real name was Andrea Salsedo, and
j Tazio was an alias. Chief Flynn ad
j mitted that several other men had
! been arrested in connection with the
j nation-wide bomb plots of last June;
thai they had confessed participation
I and agreed to turn government Wit
j liases.
BOLSHEVIKI IN
A TIGHT PLACE
Warsaw. May 3?The Bolshevik
; forces which have been backed up
: ?igainst the Dneiper river, are prepar
: ing to resist the Polish and Ukrainian
j efforts to capture Kiev. Chinese mer
: cenarics are being used by the Bolshe
i viki in attempting to stem the Polish
I advance.
GIRL IS TREED
FOR MURDER
St. Louis. Mo.. May 3?Sixteen year
old Ursula Broderick went to trial to
day for the third time, charged with
the murder of her stepfather in 1916./^
Miss Broderick was acquitted of the
murder of her father when she testi
fied that she shot in defense of her
mother.
Warsaw. May 3.?Polish forces have
occupied Kiev, according to the news
papers here. ; '