The watchman and southron. (Sumter, S.C.) 1881-1930, December 18, 1920, Image 1
THK SlMTF.It WATCHMAN, Kstablisl
CONSOLIDATED AUG. 2, 18
MILLIONS IDLE
IN ENGLAND
Three Million Unem?
ployed Seek Govern?
ment Aid
Ixtrulon. Dec 16.?It Is estimated*
that over three rnllflon people are suf
f er i i?k uom unemployment In Great
Britain. The government has been
u?kt d la aid them.
COOLIDGE CALLED
IN CONSULTATION
Hording Invites Vice President
To Express His Opinion
?????
Marion. Dee 16?Senator Harding,
according to his campaign promise to
give a more active part in the gov?
ernment to the vice-president in the
next administration, conferred with '
Vice-President-elect Coolldgc on ad?
ministration policies, domestic prob- !
terns and the association of nations.
ONE MILLION
UNDESIRABLES
Riff Ralf of Centra] Europe Try?
ing to Reach United States
l Borlln, Dec. 16.?Emigration to
the United States from Central Eu?
rope has reached a stage where It
threatens to dump into America
rearly l.OOO.OOO of the "most und*
strahle peoples of Europe." says a
official of the American state depart?
ment who r.a* been watching the re?
cent exodus with much concern.
The emigrants are principally from
Huasia gnd Poland and large numbers
of tinun. who are very' poor, have
been directly sasisted with money and
alv'ee from America, the correspond
out was tol l. Consular offices are*
sv.smped with their applications for
igeports and steanship aecommodi
t ons are inudcqua c to carry all who
have permits to sail.
"There Is virtual y no ( heck on this
mevtment. which beyond any ques?
tion must soon be a most serious prob?
lem in America," the correspondent
was Informed. "An eftort ha? been
Otuoe to keep out the so-called 'reds,'
but that, tob. Is futile for it is impos?
sible to investigate the applicants
osrefully enough to exclude undesir
rhles
"The on'y thing that can be done,
It seems to me. is a new immigration
law sharply curtailing this business
of dumping the down-and-out* of Eu?
rope upon our shores. And that, too,
la going to bo a dimVr.lt thing for
there will always be t h?? possibility
of discrimination against classes that
aroubt mnko. valuable citizens. If ,
immigration should be stopped entire?
ly for a few > r?-irs, five. w,? m.ghc
wake up to the situation in America
and *eek a way out of the trouble.
"Th?? government's agents have
been doing th? Ir host to meat the
meiy.n, . with the machinery of the
law, but that is pitiably inadequate.
About ail that can be done is to send
departmen? of Justice agents to New
York and 'wsrn' the grafters and the
more radical promoters of this im?
migration that they must not resort
to illegal means Sonn? of them
v. ho were reaping rich rewards out
of the passport business pretending
to secure proper papers for sums
paid in hand saws booa frightened
off. but there are others still at
wo? k
"'in?' of these grafters has moved
to Herlin and prohuMy Is doing a
t hit vlng business. Nothing cast be
done alKiut it. He Is within the law, .
us tar as we are concerned, lb- n
go out and collect any amount < f fees
for 'assisting/ immigrants to Secure
passports?and whether he succeedl
In Letting the papers, which cannot
i ? held up if the applicant meets
roquu ?unents. or not he can keep the
?ney The applicant wa n t squeal.'
However, such men hi> only a
I hi i>f tho scheme operating to shift
immigran s into America."
NExTsI^RETXrY
OF AGRICULTURE
Miami. Dec. 16.?Senator Cummins
said Henry 0, Wallace, of low ft, farm
editor, would proi ahly he the gOXt
secretary of agriculture. He said
Harding was coming to Miami In Feh.
ruary.
FOUR NATIONS"
ARE ADMITTED
o.nevi?, i>ec i? I'onr near nations
? been idtmttcd ?" the !eai;.
nations by the lagsnji saneeably: Ihil
Ksrla, Costa Itiea. Finland and Dux
? mt?ourg.
ANTI-STRIKE BILL
IS PASSED
nh.n.',,, Di II - The senate
f eased the antl-strlke MM making In
terfsrence with Interstste cominet < ?
s Mm,
ihm: m miiim kti:\iss
is PIIOMOTI'D
w Mhonrie,. i ?,.,. , -, aaa, A )to|,..
at jiist-ph Mraosa will be appoint od
eomamlrr kg chief of I he Astn ile ??
with tbs rank of admiral In recogn)
lion of hh. none Imn i n?o ,. ... ip.
?North a*9m.
led April, |M50.
Be Just I
81.
A. H. BARBER
SERIOUSLY SHOT
His Sister-in-Law, Mrs.
H. L. Brunson, Fired
Three Fatal Bullets
? -
At an early hour Ih? mm n ng
A. II. Harbor was shot at the home J
ot his brother in law. MR 11 I* Hr*l??
son, who lives just ejtf of IfWn,
Mr. Harber was arrested last night
by the police on the ch .1**44 ??' be itmg
and maltreatir.g his wife, but he had
put up a bond and had been released.
Very late last night he went out to
Mr, Brunson's home and demanded of
?Mrs. Brunson that she withdraw the
charges that she had agaimt him. 11
j Is st.i'ed that for three hours ho tried
continually to break into the houso.
Mrs Brunson had finally armed her?
self with a .32 pistol and Mr. Biun
son with a rifle. Tho door to the house
was finally opened, the shooting occur
, ring soon after.
I Six shots were llrcd, five from the
pistol and one from the gun, two of
them taking effect In tho body of Bar?
ber. On* bullet passed through his
shoulder and the other entered his
abdomen, passing through his liver.
The, wounds reociveo. by Barber will
In all probability prove fatal.
Barber was brought to Sumter this
morning at about 4 o'clock by Sheriff
Hurst and placed In tho Tourney hos?
pital. AU possible attention has been
given him but almost no hopo for his
recovery is held.
REGULATE COT?
TON FUTURES
Senator Dial Introduces Resolu?
tion Similar U Comer Bill
Washington, Dec. 14.?An amend
meirt* to the cotton futures act, ot
Identical purposes as tho amendment
Introduced last seaalon by Senator
Comer of Alabama, but which failed
to pass, was presented to the senate,
today by Senator Dial, of South Caro?
lina.
The Comer amendment would have
recpuirud cotton exchanges to deliver
to purchasers of cotton one-half in
grades us good as middling. The Dial
amendment provides that the buyer
shall have the right to demand one
half of the amount deliverable under
contract from two grades to bo spe?
cified by him, und that the seller
Shall have the right to tender tho
other half of the amount in two
graflsg to be specified by the seller.
The present law pirmits the seller
to tender tho amount purchased in
either id ten grades. Such latitude
granted the seller is unfair, accord?
ing to Senator Dial, und permits
stock exchanges to indulge in specu?
lation to the destruction of agricul?
ture, and the embuu russment of
manufarturei s.
Si nator Dial declared today that
His department of agriculture which
did not support the Comer amend
mettt has capitulated to the extent of
admitting that the law as it stands
at present is obviously unfair. The
Comer amendment passed the senate
but died In the house as result of
opposition of rspresentattves from
Mississippi, I/oulsiuna, Texas and
Oklahoma, where low grade cotton is
the principal production. Senator
Dial explains that his amendment
can not be opposed by these represen?
tatives inasmuch us it does not elim?
inate u market for the low grade
, cotton.
The opposition of the cotton ex?
change is expected, according to the
South Carolina senator, however, as
results of hearings before the com?
mittee of ugrlculture ho expects to
make such a showing us to the tin
Bairn SSS Of the stock exchanges
operating under UlS present condi?
tion that their guns will be spiked.
Senator Comeri who by his speeches
and newspaper advertisements last
season aroused interest through the
south, Will artend the heurings.
MARTENS MUST
LEAVE COUNTRY
Washington, Dec 15 (By the Asso?
ciated I'rsssj).?Deportation of Dud
wig C. A. K. Martens, self-styled Rus?
sian soviet ambassador to tho United
States, Is understood to have l>een
virtually decided upon by Secretary
Wilson, who has had the rase under
advisement since the conclusion a
week ago of the h taring! in the de?
portation proceedings.
.[csttfication for Marten's deporta?
tion is understood to have been found
hy Paar story Wilson in the oonten- I
ItOlM of immigration and department'
Of .b'stice authorities that the Bol
?hovlll agent held Office under the
soviel regime, which they nay, alma
at the Overthrow Ot the government
of the United States by force and
yioh .'ce.
Presidsnt Wilson, whom Secretary
Wilson has consulted as to his opin?
ion, is Understood to have expressed
himself as willing to approve* the
determination Of the secretary of la
DOI The question Of Marten's de?
portation is said to have been
brought up at yesterday's cabinet
meeting arol discussed generally.
VO PI. ICt FOB ARMENIA NOW.
Geneva, Dag, I ft?-The Lowi*1 *dt?
gem My voted against the admission of
Arm? nia at piesent. but p ii a I a re?
solution hoping that President Wil
asft'i sfforti VTOUld save Armenia and
sotnbtlSh a stable governm m. pa i mit
ting her to enter the leagu*
tmi Fear Not?I?et nil the ends Thou A
SUMTER, S. C, SATURDi
PROGRAM FOR
WORLD COURT
Assembly Accomplishes First
Important Constructive Act
in Work of the League of
Nations
TEETH LEFT ON OUTSIDE
_
South American Countries Op?
pose Program and Declare It
Ineffective Under Present
Construction
Geneva, Dec. 13.?The assembly ac?
complished today the first important
j constructive act in the work of the
league of nations in adopting a statute
for a permanent International court of
Justice. The organtaatkan as planned
still lacks the obligatory appearance
of both parties to the dispute and pro?
vides no penalty for non-compliance
with the decisions of the court.
Tfre advocates of the project, how?
ever, believe that it is the most com?
plete plan that could be accepted by
the different governments and are con?
fident that the good will of the nation
will remedy its defect- The plan will
go now to the different states for rat?
ification.
If twenty-two, or a majority of the
members of the lague, approve it be?
fore the next meeting of the assem?
bly, the Judges will bo elected and
I the court will come Into existence in
tho month of September.
Adoption of the plan came after an
oratorical duel, with Latin-America
on one side and Europe on the other,
over the question as to whether the
Jurisdlcticn of the International court
ought to be obligatory or voluntary.
, Raoul Furnandez, Brazil; Dr. Carlos
Cruet a, Colombia ; Harmondio Arias,
Panama; Arist'.des '' Auger6, Cuba;
Ken or Blanco, CrugCgty, and SbnOr
Aramayo, Bolivia, Insisted with great
force upon the necessity of obligatory
Jurisdiction to make the court really
effective.
Borne of the speakers made refer?
ence to the small majority in the
committee which had forced a large
minority to bend to- its will.' It was
also declared thatt ho big powers had
used their greater influence to defeat
the most important features*qf the
measure. The greater number Of the
fifteen speakers were skeptical as to
the Value of optional jurisdiction as
i provided for In the project.
Leon Bourgeolae, France; A. J. Bul
four. England; Dr. George F. Hager
up, Norway, and Giuseppe Motta.
Switzerland, defended the plan as the
best that could be set up for a begin?
ning. Mr. Balfour also made a de?
fense Of Europe against what he
termed "a united attack."
No country, he said, had been more
strongly in favor of arbitration than
Great Britain. He argued that !t wa?
necessary to make a beginning. The
Whole project might be rendered In?
operative If that beginning were not
made with dUie regard for certain real?
ities.
Though the debate could not Change
the viewpoint of the majority, it
BOrvad to relieve the feelings of the
delegates, which had reached a high
j pitch in the long discussion in com
I mlttee.
CHARGE BY SMITH
AGAINST MILLS
-
Senator Discusses Profit in Cot?
ton Manufacturing
I Washington. Dec. 15.?Cotton mills
of the south and New England were
I declared by Senator Smith, Democrat,
South Carolina, in an address in the
senate today, to be in a position to
make greater profits now with cot
I ton selling at a low price and with
their products cut 38 1-3 per cent,
than during the recent days of 40
cent cotton, when, he said, the profits
of many mills amounted to 300 per
cent.
The South Carolina senator charged
that the mills had not reduced the
price of their products to corro
ipond with the drop In tho price of
cotton, and also in mane cases in the
wages of workers. The price of raw
cotton, he said, had declined 200 per
cent., while the price received by the
mills for the finished products had
fallen only 3 3 per cent.
"Conditions in this country are
frightful," Senator Smith declared.
''Senators come in here with line spun
theories instead of trying to do some?
thing t'. assist tho farmers."
The senator upbraided those who,
lie said, had declared "lot the fanners
tfilte their medicine In the form of
tailing prices." 'Many millionaires
Were made timing the war, but not
One Of them came from the farmers,"
he continued. "You stand here hag?
gling about anti-trust laws breaking
the hearts of the farmers when thou?
sands are suffering."
Senator Smith declared there was
as much or more profiteering today
"in dollars as there had been a year
Hgo in "commodities," although no
word of criticism was heard. He
quoted Secretary Meredith to the ef?
fect that the fanners already had !ost
over 16,000,000,000 this year through
shrinkage m the value of their prod?
ucts.
The Hague, Dec, 15. Dutch "dry"
leaden have announced they will
make | determined effort to se are
adoption of 11 local option bill b> the
Netherlands parliament ,
tms't at be thy Country's, Thy God's a
kY, DECEMBER 18, 1920
FARMERS RELIEF
PLAN ADOPTED |
Directs Secretary of Treasury j
and Others to Revive War
Finance Corporation j
LIBERAL CREDITS |
PLAN IS FAVORED
Expected to Assist in Financing
the Exportation of Agricultur-j
al and Other Products
Washington, Doc. 13.?The senate j
lato today passed the agriculture
resolution directing the revival of the
War Finance corporation as a meas?
ure of affording relief to formers.
The second section of the resolution,
which as introduced would have di?
rected the extension of liberal credits
to farmers by the federal reserve sys?
tem, was amended to make the desira?
bility oi such a course only an expres?
sion of opinion of the congress.
The amendment mailing tho change
In the section of the resolution relat?
ing to the f?deral reserve system was
proposed by Senator Morris, Republi
can, Nebraska, and was accepted by
a vote of 47 to 16.
Another change made in the reso?
lution On suggestion of Senator Smith,
Democrat, Georgia, broadened the
status of the finance corporation to
include the financing of exportation
of products other than those produced
on the farm. Amendments submitted
by Senator Harris, Democrat, Georgia,
to make the rate of discount on loans
to farmers 5 per cent, and by Senator
McKellar, Democrat, Tennessee, to
make cotton factors' paper eligible for
discount, were rejected by overwhelm?
ing votes. A substitute for the reso?
lution presented by Senator Spencer,
Republican, Missouri met a similar
fate.
Final action on the recolution was
without a record vote. The measure
now goes to the house, whero a num?
ber of similar farmer relief measures
are pending.
Tho section of the resolution direct?
ing revival of the War Finance cor?
poration, as adopted, redds:
'The secretary of the treasury' and
the members of tho War Finance cor?
poration are hereby directed to revive
the activities of the War Finance cor?
poration, and that said corporation be
it once rehabilitated with the view of
assisting in the financing of the expor?
tation of agricultural and other prod
acts to foreign markets."
The resolution as adopted refers to
the extension of credits as follows:
"It is the opinion of congress that
tho federal reserve board should take
such action as may be necessary to
permit the member banks of the fed?
eral reserve system to grant liberal
extensions of credit to the farmers of
he country upon the security of the
agricultural products now held by
I .hem, by permitting the rediscounting
of such notes of extension at a fair
ind reasonable rate of interest."
The senate agriculture committee
.luring the day continued its hearings
with a view to framing other meas?
ures looking to the relief of the farm?
ers from the conditions brought about
by falling prices.
The house received an addition to
!ts collection of relief measures in a
bill offered by Representative Young,
Republican, of North Dakota, propos?
ing an embargo on imports of grain
I and grain products, livestock, and
their products for one year.
CONFESSED
BEFORE DYING
Spartanburg Negro Could Not Go
to Chair With Lie on His
Lips
Columbia. Doc. 14.?"She told no
atories on me, and I'm sorry' I did it,"
said Grocer Butler, the Spartanburg
county negro, who paid the death
penalty in the electric chair just be?
fore noon today. Despite his denial
yesterday, the negro made a full con?
fession of the crime today. He said
he was ready to die. The execution
was successful. He was convicted in
September 1919, of criminal assault on
a young white woman of Spartanburg.
His case was appealed, but the lower
court's decision was sustained.
INTRODUCE THREE
BRIDGE BILLS
Washington, Dec. 15.?Representa?
tive r. H. Stoll has introduced two
bills authorizing the stta* highway de?
partment. In cooperation with local
bridge commissions, to build bridges
in the Sixth district with the ap?
proval of the war department.
The first of Mr. BtOll'S bills is for
the construction, maintenance,' and
operation 0 fa drawbridge across the
Be Dee river at or near Mars Bluff
Ferry between the counties of Flor?
ence and Marion. The second is for
a bridge across the Santee river at
or ne ?' Murray's Kerry between the
counties of Berkeley and Willlsms
burg.
Representative Edward C, Ma.m, of
the Seventh ?listriet, has introduced a
bill authorising the state highway
department, in cooperation with th<
local county-authorities, to bridge tin
V/ateree river at or near darner'.
Kerry between the counties of Rich
land and Sumtei\
nd Truth's.
THE Tltt'fc SO
FARMERS MEET !
INj>L LOUIS
Sixteen Organizations
Consider Plans to Pre?
vent Bankruptcy
St. Lou la, Doc. 16.?Farmers' rep?
eating sixteen farmers' organiza*
lions throughout the United States are
in conference here seeking relief from
the falling price of farm products. The
delegates declared that present prices .
meant bankruptcy and are not due j
to the law of supply and emand. The j
plans include a national market and i
the establishment of banks through
cooperation with the farm organiza-)
itions.
TAX CONFERENCE
i TO-MORROW
Governor Calls Meeting to Talk
Over Situation
Columbia, Dec. 1C.?To come to
some definite understanding as to
what may bo expected of the general
assembly at its approaching session
in the matter of taxes, Governor Coop?
er has called a conference of leading
members of the senate and the
lower houso to be held here tomor?
row. The conference has been call?
ed in order to get an idea of what
the legislature will do in regards to
the appropriations, which will of ne?
cessity be higher this year than in any
past year, according to the requests* j
already mado by the various depart?
ments of the budget commission.
The crying need at present, author?
ities say, is to devise some means of
ralbing additional revenue and not
raising the tax levy. As is well
known, South Carolina depends al?
most entirely upon the' property tax
for revenue and at the ratio the prop?
erty Is returned the conditions, are
becoming decidedly unsatisfatcory, it
i is said.
j The' levy of 12 mills the present
! year was the highest in the state's
j history ?lid the levy in 1921 will go
j above 12\mills unless some other
j method of taxation is presented. In
j advocating 'other forms of taxation
I the general principle of the citizens
paying taxes on his ability to pay is
said to be the \ only sensible plan.
Goovernor Cooper is an ardent sup?
porter of this scheme and the Joint
legislative committee in Its report
also recommends this plan.
At the conference Friday Governor
Cooper will put the Question square?
ly up to the members of the new
general assembly and ask their views
j on the subject. It may be that some
! chango in the method can be worked
] out. Sentiment among the orticlals
j who know the subject of taxes is be
; coming tlxed on tho fact that a radi?
cal change from the property tax
must be made.
The governor,has asked some 20
odd members of the senate and house
to come to Columbia Frida:- for the
conference, and at thois meeting fig?
ures on the requests for 1921, reach?
ing nearly $10,000,000, will be pre?
set! led,, The governor has said that
he saw no way to make any material
reductions, although some have al?
ready been made. He wants to get
the sentiment of the new assembly on
the matter.
JUDGE H. A. M. SMITH
MAY RETIRE SOON
Likely to Be Succeeded by Re?
publican
Washington, Dor. 15.?South Caro?
linians visiting Washington bring the
report that H. A. M. Smith, federal
Judge of the Eastern district of
South Carolina, contemplates an early
retirement on account of age.
Should .fudge Smith resign prior to
March 4, President Wilson would In
all probability nominate a Democrat
as his sucv essor. While the nominee
would probably fail of confirmation
there is little chance of ;? Democrat
succeeding to tin bench should Pres
ident-elect Harding be chief executive
on the date of the resignation.
BUREAU CAN'T
GRANT RELIEF
Washington. Dec. 15.?The intern?
al revenue bureau is powerless tin- (
der the law to grant any relief from I
penalties to be Imposed Oil Individ- I
unls and corporations who because I
of "tight money," ?'business depres- I
sion" or for other reasons were un- i
able today to pay the last instalment i
on the III 19 ine?.mos. This statement i
was made tonight by Commissioner i
Williams when his attention was i
('ailed to reports from various parts
of the country that persons and cor- !
potations had informed revenue col- I
lectors that they now were financial- I
ly unable to pay taxes on the money i
they earned last year. I
BRITISH EXAM]
AMERICAN CABLE
t
Washington. Der. l ? All Agaeriean
cable messages leav ing G re;U 'fha ta in i
are examined by Hie British naval in- I
telllgence authoi Ities, President Carl- Ii
ton of the Western Union, told the sen- \
ate committee. He said the action Is
was taken presumably to throw light jd
on Ireland and boUhevism, 't
U THRON, Fstubllblicd
VOL. LI.
AUSTRIA Gl
SEAT INLEAI
Nation That Precipitated W<
War Re-admitted to Familjr
of Nations
NO OPPOSITION
TO ADMISSN
Suggestion That Germany
Admitted Provokes Violei
Protest From France
1
lUJ AS
Geneva, Dec. 15.?The assembly
of the league of nations elected to?
day the first former enemy state
member of the league without op?
position. The vote on the admission
of Austria came after an expect-*
ed passage at arms between
Giuseppe, Motta, Switzerland arid M,
Viviani, representing France.
M. Motta, speaking on the report
of the committee which was called,
for the rejection of Germany's appli?
cation for admission by the peace
conference, saying that Switzerland
had always regretted it and that
there were now three places vacant
in the league, which ought to be filled
by the United States, Russia and Ger?
many.
At th( mention of Germany, iff.
Viviani sprang up and asked for tho
floor, and upon the conclusion of M.
Motta's speech in which the Swiss
Jelegate appealed to the assembly for
justice, Mr Viviani mounted the tri?
bune and launched into a fervid de?
fense of the French viewpoint. It
was soon apparent that the assem?
bly was with him and his remarks
were greeted with frequent applai
When he descended from the tril
he received the greatest ovation
the assembly.
The voting for the admission of
Austria, which immediately followed,
developed 35 vote's in favor of Aus?
tria's entrance, two members were
absent and four abstained from vot?
ing.
The four elective members -of the
league council chosen by the assem?
bly today were Spain, Brasil, Belgium
and China, the final success of China
j coming after several ballots, being
greeted with enthusiastic applause.
Chuv.' today took rank among the
principal powers directing the affairs
of the world through its entry into
the council of the hague of n&ftHM
in succession to Greece. The elec?
tion of China had been discounted
largely since the assembly prevlotisljl
hau adopted the recommendation ol
the committee on organisation that
another elective member be alloted
to Asia.
It was doubtful up to the last mo?
ment, however, whether the members
who for the last few days had been
advocating Slav or Scandinavian
representation would not succeed with
their argument that the Asiatic races
could not expect two places on the
council while two important Euro?
pean countries were not represented
at all. '
The majority of the delegated
however, held to their implied prom*
ise, but the success of China was duo
largely to the personal strength that
Dr. Wellington Koo of the Chinese
delegation has acquired in tho assem?
bly.
The cclegatea appeared to be less
interested in the election of neW
states to the league and followed the
recommendation of the committee on
the admission of new states which it
had long been known as a foregone
conclusion they would approve.
Woman made her debut In the
league today and was cordially re?
ceived and welcomed by the assem?
bly. In the discussion of action to
suppress the white slave traffic Mile.
Henri Forthammer, a substitute for
Denmark, took the floor and in tho
purest English gave the delegates) an
example of clearness and consciseness)
which, if it had come earlier, might
have shortened the meeting of the as?
sembly.
FARM ASSOCIATIONS
ARE EXEMPTED
Senate Passes Copper-Hersman
Bill Without Record Vote.
Goes to Conference
Washington. Dec. IB.?The Capper
Horsjnan bill exempting farmers' co?
operative marketing as**ociations fromj
the provisions of the Sherman anti-i
trust law was passed today by the
senate without a record vote. Tho
bill now goes to conference for con?
sideration of the senate amendment
?roviding that the federal trade com?
mission instead of the secretary of,
agriculture shall pasu on complain**
igainst any cooperative association.
Other amendments adopted by the
lenste provide that complaints
igainst the cooperative associations
lhall be heard in the federal judicial
listriet in which the principal office
it the association is Incited and that
my attempt to create a monopoly
>r resort to unfair methods of com?
petition in commerce shall make tha
issoclatlon liable to prosecutions un
ler the anti-trust laws and tin Clay
on act.
Associations formed under tho?
rn asure must operate for the mutual
tcncflt of the nu mbers. No member
s permitted t,? have more than one
ote, regardless of the amount of
tot k or membership capital and divU
lends are limited to s per cent Q?
he capital stock.