The watchman and southron. (Sumter, S.C.) 1881-1930, September 18, 1920, Image 3

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Lone Star Trail ? Being Bull; Lmian* Take? Action To Con? struct Her Pmrt WlnafleW La., Sept. tt organisa? tion necessary to assure bulldlug ol !<<>? > >nna*? share of the Lorn Star Trait has been perfected and efforts wilt Ue made to have similar action taken b) other states through whi? h It is proposed to route the rood. The highway >? to pass through North (>nttSal Louisiana pic ohjectlve points iveinx St Augustine. Kla.. and Loa Angeles, Cat. After Louisiana is completed thy organisation of LYxus wUf be taken up und pushed a thou? sand mils* or more across that state and then the east end vlll be taken up through the st?tes or Mississippi. Alabama und Florida and BTUaHy the great western division will be >'>m wl*??d through New Mexico Arixona ori California. Other east \nd went highw i s through Louisiana are tile Dixie Over? land along the line* of the Vuksborg. fthrvveport and Pacific railroad and the Old Spanien Trail along the South? ern Pscitle. both far removed from the proposed U?ne Star Trail. Seaboard Gets Big Loan Washington. Sept. 13? Approved of a loan of $?.S73.40'> to the Seaboard) Air Uns Kutlroed rornpnny and ? 89#, tt& to the Terminal Hallroad Associa? tion of St Louis, was announced to? day by the Interstate ?'ommsree Coin* mission. The loan te ths Seaboard Air Line, the rommN'on said. Is to aid the nfy?l rn acquiring refrigerator cars at a rota) oust ef tl.Sfis.noo. in making ad? ditions and betterments at a total eost Of ITftO.000 and to meet Its 1920 ma lulrtlea aggregating *H,14*,000. The railroad Is required to nnance |3.9i3. ?00 te me** too tonne of the govern? ment.. The loan to the Terminal Hallroad Asoochitton Is to aid In meeting ma? turity obligations and In making ud dittens and betterments! the commis? sion sold. Paris. Sept. !?.?The national ae Meattbry will convene at Versailles Sep? tember tilth to consider the election of a socccseor to President Dwhunel, srsordftft. to olTlclal tepprts. It was announced, that the premier will re? ceive the presidents of the senate and ehnmbrr of deputies 'amorrow to ?herons the convdeatlon of the parlia? ment, t Landru Will Nat Weaken French BUiefceard Will Not testify Paris. Sept. 14.?Henri Landru, whom the police call the (*umbuls Hiuebeai d and hold responsible for tbe disappearance of elwven woint n to whom he h/td promised marriage, shown no sign or weakening under the continual and gruelling 18 months' ul aininatlon and preliminary Investiga? tion which Judge Boniu has coaduct . d. MYdlt soem wan and tired today," he aald tu .Imlge I Joinn solicitously when he laet appeared before the judge. "Don't yoil think you will bo able to tak? a vacation thin year?" ? It was tine a bit of h'ony us ever delivered by La mit u? us last summer ii.dge Honin after six months' exatnl- J nation of the alk-ged bluebean!, fcave op in despair and went to the eoc?n- J try for four V eeka * In the lobbies of the court house tin* other day Landru accompanied by his lawyers, mot Madame BessarabQ who is being examined by Jidg-e lion In. concerning the disappearance of her husband*und the subsequent find? ing of his body in a trunk at the Nanc> railroad station. The lawyers Introduced them. Saluting with a llourish of hie weather beat<en hat and bending low, l.audru said simply, My honiagvs. Madame " -,- N] Labor Men Meet In Charleston Columbia, Sei>4. 16.?Approximste ly twa hundred people are expected to attend the meeting of the State Federation *f Trades, to he held In the Lahor Tempk- in Charleston next Alvu day aid Tuesday, the 20th and 21st, according to Jona u Davis? oX Colum? bia, secretary and treasurer of the organisation. About forty-five men front Columbia will attend. There will he representatives of many of the International organisations present at the convention. A. C. Thompson. Charleston, ia president of the federation; John Ttasley, Spartanburg, is vice-presi? dent; H. J. Dick man, Florence, is also vice-president, and John U Davis, Co luHibia, is secretary and treasurer. Delegation* from many points in the state will attend the Charleston meeting, and the organisations of tradesmen in Charleston will also have largo representation. a MKJt. REPORT OF THE CONDITION OF ???' Reserve District No. ? The First National Bank of Sumter. I Slunter ha tun Sute off aowth Coro Uno, at ' the- Croon of Business on September e, 1020. J RESOURCES. and discounts intludlng redlsco u n t s. <?xespt thooo ohowa la b and o>.$1,063.392.77 TO to* Owns.*. 1,0??,29*.77 Pidjtci; d Notes and JtUl* rrdlacounted with Federal Reserve BaiuCtother than bank acceptances ?old) (ore Item 51a). 132.000.00 931.292.77 I. Overdraft*. secured- none; unsecured .. .. 1,082.72 UH. Loverainoot H?eurtthH owned: g> nspeslted to secure circulation (17. S. bond* oar ?aiue) ? . 60,000.00 b P Led god to secure V. 8. deposits ipsr value).. 7,000.00 . d PSMged an collateral for 8tato or other de- \ posits or bills payable. 60,000.00 Total U. H. government lecurltiea. .. 117,000.00 b^pitoaTii? v?'th' i tha*n tf. a. bonds) pledged to hc- ^ ire postal savings dspooits . . 4,000.00 nsrttles, other than U. 8 bonds (not includ stoek.4). owned and unpledged.< .. 6,000.CO total bond*, securities, etc.. other than IT. 8. .. 9,000.00 lock of Federal Reserve Bank (60 per cent, of iberrlptton) ..\. 7.500.00 Value ef banking house, owned and imln imberod.- ~.37.500.00 loity In banking house. ? J 27.500.00 teal estate owned other than banking house II#.04 mrfnl reserve with . Federal Reserve Bank 33.539.07 'ash n vault and net amounts due from t?at nal panks. 118.32S.00 ffbeeks eo other banks in the same city or town report-us bank (Other than Item 10). 8,330.76 ital Of U-ms I I. 14. 16. 16.,and 17 . . . . 126,658.75 19. lssdnroptlor fund with U. 8. Treasurer* and le fron. V. 8. Treasurer. 2,500 00 . II, 266.323.31 LIABILITIES: pltsl stock paid In. 1100,000.00 rplus fund. 160,000.00 Undivided profits.f96.173.21 Lens current expenses, Interes: & taxes paid 0,791.85 28,581.4* Ingest and discount collected or credited. In wee of maturity and not earned (approxi? mate) . 5,000.00 tl. Circulating notes outstsndlng.. 48,2"O.Oo 29. Amount due to Federal Reserve Bank (deferred Credit?) . .? 2.049.2:: ft. Certified checks outstanding. 2,060.50 ;t <?Mer a checks on own bank outstanding ... \ 11,541,7? tal Items 19, 10. II. 82. and 33. 15.tf51.59 jf?\ Mil deposits (other than bank deponJta) sub? p.t to Reserve (deposits payable within 30 days): 84. Individual deposits nubjfet to rheck. 243,575.04 Total of demand deposits (oti.jr than bunk de? posits) subject to Reserve. Items 34, 35, 36, 37, H. and 39 . 243,676.04 unit- deposit* subject to Reserve (payable after 20 days, or subject to 30 days or more notice, and Postal savings): 42. Postal savings deposits . 124.60 48. Other time deposits. 594,?7?.II Totsl of time deposits subject to reserve, Items 49. 41. 42, snd 43 . 695,004.48 44. t'ntteri State** deposit* lothwr than postal Havings): 0> Other I'nlted States deposits, including de. posits of V 8. disbursing officers. 1,310 74 1.310.74 41. WH? payable, ethos, than with Federal Reserve flank (including all obligations representing mon? ey tK>rowod> other thun rediooounts) . 2\.ooo.oo 49. pills paysble with Federal Reservo Bank. 64.000.00 ?tal. $l,2??.82:i :*.i Ii. k Inabilities for rediscounts with Federal Re irrvs Rank (m n Id). 112,000.00 ?otal contingent iiublliHee (56 a, b. e and d (not Including Items in schedule 23 of report) .. .. 112,000.00 WTAJK tm SOUTH CAROLINA, ?onty of Sumter. se: O. I* Yates. <'ashler of the above-named bank, do solemnly sweat that 'he above ststsment ht'true to the beet of my knowledge uul belton 4? L. YATKS, Cashier. Subscribed snd sworn to before Porroel-Atteat: m* Igt? 1 4 *' day of S< Ptemtper. 1920 H. N KOBKSTKR, A. af. Broughton. Notary Publlu. JOHN' D. LRR. W. B. UPSHUR, ? Directors. * ? .. w ??? ... Ctoker Opposes Mississippi Plan Hartsvilh* Man Suggest* Differ? ent Organization David It. Coker of llartsville, a well known cotton earpert, is strongly against the proposed Misaisippi plan for long staple cotton growers in South Carolina. He sets forth a num? ber of reasons tor his position and gives some advice to the growers who meet at Darlington Below ar-> some of Mr. Coker's points: "At th-e mass meeting held in Dar? lington on Thursday, September 2, it was decided to form a staple cotton growers' association and a committee Was apointed to consider the scope of i such an organization and to make rec? ommendations for a meeting of staple growers to be called at the earliest possible moment. At the mass meet? ing the plan under which the Missis? sippi growers are organizing was pre? sented and fully discussed by one of 'tue oltk't "s ?W that association. "1 ult?. tided the. meeting of the com? mittee in Darlington on, the 7th, by request, pointed out palpable objec? tions tot he Mississippi plan from the standpoint of the Carolina, growers and industry, aud submitted sugges? tions aa to the scope of a staple grow? ers* organisation for this section. I i "At the committee meeting were fwo members from Marlboro, one from Dillon, two from Lee, one from Sunn er and four from Darlington and possibly one or two others. This com in it tee, I unUrstand, adopted Mis |?issippi plan. Two and possibly three j of the Darlington delegates are, 1 un? derstand, very much opposed to the plan and will not join the association if that plan is adopted. "Many staple growers In this sec? tion have In the past looked to me for advice, and 1 feel, therefore, that X should make my views on the sub? ject public so that the staple growers may have an opportunity before next Monday's meeting to consider the. whole matter from more than one standpoint. ? "I am heartily In favor of the form? ation of a staple'growers' association to represent the Interest, assist In the proper maintenance of the Carolina staple industry, provide proper stor? age, classification and marketing facil? ities and protect the growers' interest in every respect. 1 um satisfied, how? ever, that if a South Carolina asso? ciation is formed under the Mississip? pi plan that.it will be a failure and will totally^fail to accomplish tha purpose which the organizers of this movement have in mind and I assign the following reasons for that opin? ion i "Provision is not made in the Mis sissipi plan for a proportional rep? resentation of South Carolina and a total failure to appreciate the import? ance of the South Carolina staple in? dustry Is shown by the absence of any reference to the South Carolina staple area in the printed plan sub? mitted. "The head office of the association I will be in Memphis, aud the affaire' I of the. association will probably be controlled by .-Ava directors. It will, therefore, be Impracticable for a mem? ber or members of the executive com? mittee representing South Carolina to be regularly at executive committee meetings in Memphis. "The Mississippi plan provides that each member will pay an entrance fee of $10,-and that each member shall have ono vote. Both of these condi? tions. I feel, are unfair and unjust. It is not fair for the ten bale member to have the same voting power as the 100 bale member, nor is it fair for the ten bale member to have to pay the same initiation fee as the 100 Pale member. "The Mississippi plan ^provides that its members shall be under contract for five years to deliver every bale of their cotton to the association. Such organizations have not always been successful, tt'hey have on certain oc? casions fallen under the control of unbusinesslike or politically inclined management, and J can not conceive of any grower who will bind himself for live years to absolutely tie up his products with an organization which may or may not prove a success. "Under this plan, I do not believe that any large number of South Caro? lina staple growers can combine Und successfully operate and, believing this, I certainly can not advise my clients to go irrto this association un? der this plan. "The character and quality of our staple cotton is different from that of Mississippi. Some of it is adapted to different purposes to the bulk of the Mississippi crop. Some of it is rated b yeertain mills as superior for their purposes to any cotton produced in Missiseipi and some of our cottons are rated as Inferior to the bulk of the delta crop. "Highly specialized marketing or? ganizations have been built up in this section. These organizations are thor? oughly familiar with the require? ments of numerous mills who require raw'material of special character. The Mississippi plan involves the pooling of all cotton, each length and grade In a pool to itself and the selling of these pools separately. Under this plan the marketing organizations now existent In this territory could not operate and the specialized knowledge which has taken years to accumulate would be lost to the Industry. This (Minting feature .would, in my judg? ment, result In placing the staple in? dustry ulsiohitely at the mercy of a few large operators who could com? mand unlimited capital to purchase these pools and who have a large enough organization and trade to en? able them to handle and market the vnrying types and characters of cot? ton which each pool (at least of Car ollna cotton) would contain. "In my judgment, the situation would be entirely covered by a plan containing the following features: I Ample warehouses at the larger staph I markets, n competent force at each warehouse to receive, class, staple and store the cotton, burning warehouse receipts (showing grade and staple) ito owner and selling cotton of each owner separately upon requsst In ?prtpetly lighted sample rooms at pub? lic competitive sale open to all bid? ders. A department for the advertis? ing and crea\h a of[ further demand for Carolina staphs should be main? tained. A department for the study of marketing conditions, statistics of consumption and production which would consistently advise the mqmbcrs of the association should also be main? tained. Warehouse companies should be formed which would be under the control of the association and tho cap Hal of which would be limited U 8 per cent returned. All members should be required to deliver all cotton to warehouses, of the association and pay a fee more than sufficient to cover cost of operation, prollts of the asso i elation being redistributed to mem. bei? annually in proportion to number of bales marketed by each. The gen- 1 erai public should be allowed the fa cillties of the warehouse when wil? ling to pay warehouse fees for stor- ' age and selling and from this business the members of the association would derive a profit and this would induce I all outsiders to join the association. The members of the association, after ' paying f.es for warehousing and fell? ing, should have the option of ttans fcrrlng the oerfJucateg to any other party. "The banking facilities'of this sec? tion are generally adequate to nn ot tht demands and each holder of stor? age leceipls from the warehouse would generally be able to finance himself with these receipt!. malAng unnecessary the placing upo-i the as? sociation itself the enormous burden of financing the staple Cotton indus? try." Citadel Scholarships Announced Twenty-Six Boys To Be Educa? ted by State Columbia, Sept. 14.?Twenty-si)! scholarships to the Citadel were an? nounced today by the state board of education from its ounces irr*Columbia. These do hot Include scholarships, on each, in Horry, Lexington, Marlboro, Grangebprg, Saludc. and Williarns? burg counties, appointments for which will be - made as soon as reports are made by the board ot public welfare. The scholarships awarded to date for the Citadel are as follows, being four year awards: dale county; J. Leo a Foster, Ander? son; Carlisle M. Thacker, St. Mat? thews; Robert L. Hills. Edisto Island; William C. Norment, Darlington; Frank D. Cottinghaio^ Florence; Ed? win W. Peterson, Greenwood; Joseph A. Ttmmons. Troy, in MeCormtck county; B. F. Tompkins, Newbery; Norman Yongue, Pickens; James N. Holcombe, Woodruff, in Spartanburg county; Fleetwood J. Bass, Mayesville, in Sumter county. The following one-year awards were announced: A. Wllk??r Serls, Spartan burg; James D. Btanding, Sumter; John II. Knox. Peadleton; Thomas 10. How ell. Walterbero; Edwin M. Merrlff, NoMli AU|f tistax" JV Eu'lle Adams, Ninety-Six; William C. John? son, Alken; J. J. Stubbs, Cheraw; Glenn P. Han/in, Manning; Francis P. Mood, Summerton; Robert L#. Mer? chant,. Columbia, 8. C.; Boyd B. Shcp pard, Xeeses; Lucian C. Whitaker, Charleston, and E, P. Crouch, Char? leston. Daniels Hears %r Wage Protest Congress" False Economy Pre? vents Further Increases Washington, Sept. 13?Secretary of the N?vy Daniels tcday heard state? ments from representatives of several navy yard trades which are not satisfied with the new wage scale. The Secretary also conferred with the wage hoard, oiv whoso report the new scale WSa based. While Mr. DanleW said that it would be impossible to rescind the decision to make Saturday a half holiday with half pay, because only in, that way or by discharges is the department able to give any in? crease at all with the funds allowed by C?ngness,. It .is thought that there may be some minor adjustments in cases where injustice or error is shown. - President Kosemund, of the drafts? men unieur -for instance, said today that his organisation was withholding a formal protest to Secretary Daniels in the hope that sqrue arrangement could be made otherwise. Special rep? resentations in behalf of the planners and estimators crafts have also been laid before the department. The im? pression is that the matters Involved will be settled for the time being, at any rate, without serious trouble. Mr. Daniels lays great stress upon the fact that he could have done bet? ter by the men if the last session of congress had not played false econ? omy and refused to make the special deficiency appropriation he urgently recommended for repairs of ships. He will ask a similar appropriation when congress, meets in December, he said today. Warsaw, Sept. 16. ? -Lithuanians and Poles are again lighting, the Polish war office announced today. Hostili? ties are centered in the Suwalkl sec? tor, near the German border. I-os Angeles, Sept. 15.?Hundred nnd sixty Injury claims have been filed with workmen's state industrial com? mission by actors and actresses who were, engaj&ed In moving picture bat? tle scenes. Warsaw, Sept. 15.?Polish delefla tion .negotiating for peace with the Bolshcviki departed today in a special train enroute for Kiija where the conference will be continued. Washington, Sept. 15.?Shipping under American register Increased by rtt"9 Vessers and nearly three and half million tons during the fiscal year I?20, the commerce department announced today. Bartow in Allen Great Britain Stands Firm Government Says "If Sinn Feinere Think We Will Release Prisoner to Save His Life, They Are Mistaken" London, Sept. 13.?Assurances that there is no element of bluffing in the respective attitudes of the British government and the Irish Nationalists relative to the MacSwiney case were obtained from responsible sources of each faction by the Associated Press this afternoon. "If Sinn Keiner? think we are biding our time and will capitulate when MacSwiney's condition requires elev? enth hour action in order to save his life, they are mistaken." This characterizes the British of? ficial view as expressed to the cor? respondent. "There can be no question about our desire or intention of having Lord' Mayor MacSwiney recede from the tragic stand he has taken," declared an official at the London headquarters of the Irish Nationalist organization. "If he is not released voluntarily by the government, he will most certainly go down in history as the first Irian hunger striker to perish in an English prison." In dealing with the MacSwiney case, the home office, which controls the prison commission, lias all along strictly adhered to its policy of di? vulging nothing about the prisoners. I But it became known today that some of its reports from the bedside of the hunger striker have been sur? prising. Ten days ago the officials believed that a new Irish crisis was imminent when the prison physician reported that the lord mayor could not live more than thirty-six hours. Since then th<i doctors have declined to predict, but have confined them? selves to what they believed to be the actual condition of the prisoner. They contend that the cose baffles medical science?that in such a case one man might have been dead days ago, while another might live many weeks, no one being able to judge the existence of any individual under the circum? stances. The doctors disagree with the re? ports of the Irish self-determination league, which evidently are obtained from relatives of the prisoner who are allowed at his bedside, that the mayor is in great pain. The home office re? port this morning said that he was noticeably weaker than yesterday but not in pain. ? f ,i Sandwich Men Parade Streets University Professor Hits High Cost of Living New York, Sept. 14.?Old fashioned sandwich man publicity has been chosen by Dr. Robert Grimshaw, ef? ficiency engineer and faculty member of the New- York University, for an attack on the high cost of groceries in the Washington Heights section o/ this city. Dr. Grimshaw served notice that grocers would have to cut the: prices, or hear from him. Quotations re? maining virtually unchanged, the doc? tor's bill-boarded sandwich men pa? raded through Washington Heights' main thoroughfares and market sec? tions heralding the wholesale prices for garden truck showing a wide margin below retail costs. Washington Heights' housewives genoralty have noted the Grimshaw sandwich men and their message, and "everybody is talking about it." France Pays Her Debt. New York, Sept. Id?Another in? stallment of $4,000.000 in gold from France arrived on La Lorraine, mak? ing a total of approximately $20,000, 000 in gold shipped here by. France to be applied* to her half share of the $500,000.00 Anglo-French loan ma? turing October 15. It is understood the French government will send to this country a total of not less than $50.000.000 in gold. S. C. Developing Plans Formulated For jor Activities Five major activities trill the attention of the South C4| bevolopment board during Xi\ mainlng months of 1920, aceehfj a decision reached at tht* meetinj tli^ board of control of the hoard In Columbia. The questions t<i given immediate attention are: mat ikets, live stock, industrial research, drainage and health and sanitation. Niels Christensen, president of the board, has announced the personnel of. the .five com missions. The mem? bers of these commissions witt- be called to meet In Columbia at an early date. It is the policy of th<? board to carry the five subjects to a successful con elusion before other s'ork is attempt? ed. The personnel of the various com ? missions is made up of leading citi? zens of the state who have mads.a special study of the subjects assigned. Members of the commissions are. Market*; Bright Williamson of Darlington; C. W. Sprott of Manning, T. B. Young of Florence, R T. H. Shafler of Wal? tet boro, W. W. Long of CVemson. Col lego, Dan Q. Fowl es if M egget t a, A. M. Kennedy of Williston, A. B. Jor? dan of Dillon, F. F. Beattle ot Greenville, A. G. Smith of Columbia and R. I. Manning of Columbia, Natural Koiium: C. W. Coker of Rartsville, Earle Sloan of Charleston, Wilson Gee r*f% Columbia, J. E. Sirrlne of Greenville/ S. B. Earle of Clem son College, 4. . B. Lec of Spart an bur;;, B. Harris of , Columbia, Wade H. Harrison of Troy and William Elliott of Columbia. Drainage: L. D. Llde of Georgetown, J. Mon? roe Johnson of Marion, F. G. Sason of Charleston, Thos. O. Law son of Garnett, John W. Arrington of Green? ville, Wade A. Watsor of Anderson and P. G. Gourdin of KLngstree. || D. C. Heyward of Columbia is chair? man of the commission on live stock, , There are three subcommittees of thla , commission. Subcommittee on live stock credita: Charles H. Barr on of Columbia, C. B. Woolsey ofi Aiken, F. J. Par ham of Union, L. I. Guion of Lugoff, P. M. ? Buckingham of Barnwell, C. O. Al? len of Greenville, A. E. Padgett of Edgffield, W. H. Andrews of An-. drews. Subcommittee on live stock sanita? tion: J. R. Bellamy of Beaufort, Dr. W. K. Lewis of Columbia, D. W. Watklna of Clemson College, W. K M. Gill of Abbeville, Dr. W. A. Bar nett of Greenwood, E. A. Marvin, Green Pond, T. L. Conner of Eutaw ville and H. L. Oliver of Georgetown. Subcommittee on grains, grasseo and forage: Courtney Campbell of Fore8ton, W. W, Long of Clemson College, Dr. T. H. Tuten of Varnville, Paul Sanders of Ritter, W. H. Mlgsbn of Charleston. D. I* Movd of Ander? son, Dr. J. T. Hunter ot Prosperity, W. R, Elliott of Winnsboro, Miss Laura M. Bragg of Charleston arid W. A. Campbell of Shelton^ The personnel of the commission on health and sanitation will be announc? ed later by Mr. Christensen. The members of the commission will serve on a voluntary basis. Care? ful study of all problems wlli be giv? en by the commissions. The develop? ment board will c&rry out the recom? mendations of the several commis? sions. Virginia Dog Tax $200,039.93 Richmond, Sept. 13?Statistics Juki made public relative to the operation of the state dog law show tha within twelve months taxes amounting to $260.039.93 were paid on approximate? ly 236,000 dogs. From this amount a total of $20,021.81 was paid out by boards of supervisors for sheep killed by dogs and $2,083.30 for fowls de? stroyed by dogs. MMt?IMM**????*?>M?IMHMIMtMMtlMI?IHHMM * The National Bank of South Carolina ? r-i. of Bumtar, 8. C. The MMt Fateetaktat 8KBVI OB frith COURT??! Ul-ee at the Ptoatva off Berrint YOU The Bank of the Rank; and File a O. ROWLAND, BARLE ROWLAJTO, Cashier NEILL O'BONNELL Pr?sident O. Ij. tfATES, Cashier 1 o ON SAVINGS ON TIME DEPOSITS The First National Bank sumtes, s. c.