Historical Newspapers of South Carolina

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. in- .jfTWWBnpp 'v ' ft . &: iw PART II. Pages 9 to 16 HI THE UNION TIMES M VOL. LXin. NO. 42. UNION, S. C., FRIDAY, OCTOBER 17, 1913. $1.00 A YEAR. ' TILLMAN'S C] ( Sentor Presents His Views c .World in 1896?His Po He Described as a Have Milked The State has received from Sen- e ator B. R. Tillman of South Carolina, as a "sort of celebration of the pas- t sage of the graduated income tax a law," the following extract from the e account of his views of finance and c farming as expressed in 1896: t (From the New York World, Sunday, I March 1, 1896.) r TILLMAN'S BLAST > The Farmer Iconoclast Among Wall Street Money Kings. t HIS PARABLE OF THE COW t Fed on Fruiful Farms of the Coun- a try. But Milked Only by Eastern a Speculators. > TWO CARTOONS OF HIS OWN ? DESIGN The Kind of Argument Which Made r Tillman First Governor and Then i" Senator From South Carolina. a CLEVELAND AND THE "MONEY r DftWPD a I W TT JU1V. ? Elected as a Protest Against Govern- i' mental Parasites but has Added t to Their Power. v A strange figure appeared in Wall t street on Monday momng and wandered with the crowds that roared <3 between the towering buildings. A P tall, strong man with brown, shaven f face, Napoleonic features and a sin- a gle, fierce eye. The black slouch hat t was pulled down in front and turned ? up behind. There never was a more v striking figure seen in the citadel of ? the millionaires, nor one of deeper F significance. As he stood in front ? of the subtreasury grimly eyeing the n office of J. Piermont Morgan, a few c ^ men turned around to look a second t nize Senator Benjamin Ryan Tillman, E who had come to New York to write b up Wall street for The World. "So that's where Morgan Hyps, J yonder!" I The one eye burned with a sudden 8 enthusiasm. The voice was shrill ^ and harsh. Then the senator turned ? and gazed at Trinity church, standing ^ like a benediction at the top of the I street. t "How much did you say Trinity a church has accumulated?" u "More than $100,000,000." u "And so much pove'rty! So much i; suffering! It's very strange." With a sigh the senator strode f across the stock exchange, climbed t up to the gallery and peered down at e the swirling, shrieking speculators on a the main floor. The lines in his face 8 deepened. F "I have been here before," he mut- t lerea. "i came as governor of South u Carolina to sell the bonds of my 8 State. I Tcnow what a horde of wolves they are. These are the men who c have the nation by the throat." a So for two days Senator Tillman t went about in the strongholds of the f money kings of America searching d for facts. s "There isn't a drop of patriotic fc blood in this crowd," he said. "And ' yet it writes the laws and controls o the policy of the country. Nothing ^ but a revolution can overthrow the a money power. We must try the bal- i lot box first, and then if we fail?but t I have said on the floor of the sen- s ate. The American snirit. is not vet r dead, thank God! and you fellows in a New York will soon hear from the f South and the West." * And presently the senator sat down r in Delmonieo's to see the young1 and t old bucks eat and drink the wealth created by the toilers. Whereat he returned to his hotel and wrote what ^ he had to say. c These are the views which Tillman , 23 holds. They have made him gov- c ernor of South Carolina and United , c States senator?the idol of the Carolina farmers. The World has ob- ? tained and now publishes his opin- { ions, but does not indorse them. t SENATOR TILLMAN'S VIEWS } His Visit to Wall Street and His | Opinion of Its Power in the t Whole Country. t Wall street is a term in very common use and most people have an es- ? sentially clear idea as to its mean- t inp:. As understood by the masses it ^ stands for what has come to be known t as the money power, the force exert- t ELEBRATION )F THE NEW )n on Wall Street and the 1 sition Then Opposed to M n Octopus?How the Banl I the Country?The Speci id by aggregated capital. There is at this time a double inerest attaching to the term "Wall itreet," by reason of the fact that sverything of a political nature ?nlicates that the struggle for the masery of this country?whether the >eople shall govern it or whether noney shall govern it?is approachng a climax. The financial question and its settlement is now the uppermost one in he minds of men. Interested perons may attempt to push it aside ind belittle it and to substitute other ssues for it, but in the coming presdential election it must be the issue. Feeling thus, and having had cause ecently to give expression to my deas and opinions in the senate in 10 uncertain terms and no uncertain nanner, I have thought it well to isk the use of the columns of Amerca's greatest newspaper, with a view u prest'iiun^ puusus ui uie quesuuii vith more clearness than was possi>le on that occasion. With that purpose in mind I have levoted during the past week a couile o f days to t he gathering of some acts by a personal visit to New York ,nd to Wall street. It so happened hat during my term as governor of t >uutu vaiuiuia x uau uic uppui buiiay irhile negotiating for refunding our Jtate debt to study the methods emtloyed by those who manipulate and control the complex machinery by neans of which a few men, not exeeding 500, have laid the industries, he politics, and, in fact, the govrnment of this country under trtteriod of time so short as to stagger telief. For the reader unfamiliar with <Iew York city it is well to give a >rief description as to what Wall treet, taken as a district of New fork city, really is to the eye. When lanhattan Island, on which New fork stands, was first settled by the )utch, they chose to locate on its exreme southern point, where the East ,nd the Hudson rivers. A town grew ip, composed of a network of irregilar, crooked streets, without seemng order, and all very narrow. A few hundred yards up Broadway rom Battery park, where the hisoric Castle Garden, now transformd into a public aquarium, still tands, is Trinity church. In the mall graveyard surrounding it re?ose the bones of Alexander Hamilon, Capt. Lawerence, of "Don't give ip the ship!" memory, and other :reat historic characters. When a note is struck on Trinity's nimes it is carried into every office nrl institution in tVin 'Wall atroot Hia. rict, for that district is so small that rom Trinity's spire it appears to lay lirectly beneath. The office of Rusell Sage looks right out over the old >urying ground, and a dingy office it s, in a dingy build g, where this >ne of the great money kings of Vmerica sits and cuts his coupons tnd calls his high rate loans. Castng their shadows on Trinity when he morning sun rises in the east tand the great office buildings, runling over 20 stories in height in tome cases, in which some of the rreat trust companies and banks lave invested portions of their enornous surplus and in which they have IIVI1 HVIUCOt Wall Street Proper. Directly in front of Trinity's tronz portals?the gift of an Astor? pens Wall street proper, a narrow, isphalted thoroughfare, less than me-third of a mile long and banked >n either side with massive stone itructures, some of great height. One >f these is the stock exchange, which ilso has entrances on Broad street ind New street, a block or two of vhich streets may be included in the Vail street district, as can a block or wo of Nassau street, where a large lumher of the richest hanV? mrtA rust companies in the land have heir headquarters. Just across from the New street tntrance to the Stock exchange itands the Consolidated exchange, vhere a stock gambling game of the tame character is carried on, but on i rather smaller scale. Within easy * INCOME TAX Farmers as Written for The [oney Powers, Which kers and Brokers jlative Evil. gunshot of both, were it not for the 4.1 4 1 :i J1 vimuutuvu iimt uie uuuuings oner, are the Product exchange and the Cotton exchange, where the products of the country, representing the toils of millions of farmers and other workers, are tossed up or down in prices according to the whims or interests of the greedy gamblers. Strange to say, the most insignificant of all the structures on Wall street proper?or at least the lowest and one which would be the most insignificant were it not for its massiveness?is the subtreasury of the United States, at Wall and Broad streets. In front of it stands the bronze figure of Washington, on the very spot where he took the oath of office when sworn in as the first president of the United States. Just across the way is the office of Morgan & Co. The office of the Snmir 4-??of Jo ?. - * vt mow ao uwmi^ vnc s^rvcv s lew hundred feet, just beyond the custom house. In the immediate vicinity of the subtreasury are to be found the offices o fthe largest private banking houses of this country, the representatives of the foreign houses and the headquarters of the bullion dealers. So much by way of explanation as to localities. I propose now briefly to outline the methods by which the millions of honest toilers throughout this country are laid under tribute, and their earnings absorbed by this devil fish, generally known as Wall street. It has been said that if anything! is more timid than $1,000,000 it is' $2,000,000. Sad experience has showit that if there is anything jama and tyrariical,'more insatiate' and A morseless than $50,000,000 it Ts $100,000,000.. Enough is an unknown word in the vocabulary of those who own this much capital. Their cry is "More! Ever more!" Born of Stress. The great power and influence of Wall street, which has doubled and quadrupled and become more and more appalling, was laid during the war, when by the establishment of the national banks and the control of legislation in their interest, together with the speculations in gold and national securities, a few hundred men utterly lacking in patriotism and without any regard for the public welfare, seized the government by the throat and threatened it with bankruptcy and paralysis if their de mands were not {tinted. Enormous fortunes multiplied. The owner of a million soon found himself possessed of many millions. Money bred money by reason of the violent fluctuations in the national credit as the fortunes of war changed on the battlefields of the South. The greenbacks, which were the salvation of the Union, were speculated in daily. The national treasury under stress of war, was forced to exchange bonds for them, and as soon as the war terminated, the schemers set about securing legislation under the pretense of strengthening the public credit, looking to the payment of the bonds in coin. This did not satisfy them, however, In a brief time the remonetization of silver followed, and ever since the fell purpose of those who have con spired together has been to force payment in gold. The national banks have received interest from the government on the bonds. They have received interest from the people on the notes issued as representative of the bonds. Thus the industries of the country have been laid under double tribute. The Money Trust. The banking business of New York is concentrated in the New York Clearing houses, which is simply a trades union of all the banks and has palatial quarters within a stone's throw of Wall street. These 66 banks (63 banks and trust companies in 1912) have aggregate capital of about $61,000,000 (176,619,000 in 1912), and in addition they have a surplus and accumulated profit of $73,000,000, ($800,146,700 in 1912). They hold on deposit from customers about $490,000,000 ($1,788,619,000 in 1912). They have loaned out at interest about $460,000,000 ($1,946,(Continued on page 12) STEAMER BE Volturno Survivor Tells C 136 Persons?Deaths Boats Got Awa: ing Vess LONDON, Oct. 13.?The latest accounts of the disaster to the steamer Volturno, burned and abandoned in mid-ocean Friday morning, confirm that the loss of life will be limited to 136. The Carmania, first of the rescuing ships to reach the burning steamer, arrived off Queenstown this morning but owing to the gale, proceeded direct to Fishguard where she is due to arrive at 11 a. m. a grapnic story Dy me solitary survivor aboard the Carmania was received by wireless and presents a terrible picture of the horror, the panic and confusion aboard the burning liner. Walter Trintepohi, a German, who tells the story, however, is clearly suffering from the stress of illness and his awful experiences and his story is too incoherent to be accepted in every detail. Most important, if true, is his denial that two boats got away from the Volturno. According to other accounts, Capt. Inch was the last to leave his vessel, which still was burning late Friday night and was a danger to navigation. Lost in Boats. Forty of the 136 persons lost were in the two boats which succeeded in getting away from the burning vessel and which without doubt were swamped. The majority of the othev persons who lost their lives were in four other boats which in attempts to launch them were smashed against the stefcmer sides. All this occurred before the arrival ^^Um^wnmnm^^^the other liners WIVU UUC 1VI1V OUAV?V\#I. Ui MIO Volturno aboard, found it too rough to stop at Queenstown, and is proceding direct to Fishguard. From that survivor, however, comes a thrilling story of the burning of the steamer, of the terror, the struggle for the boats, the death of those who went over the sides, and his own desperate fight for life. Arthur Spurgeon, a passenger on the Carmania, in wireless dispatch supplements his own description of the race of the Carmania to the burning vessel and the rescue of the passengers off the Vclturno by the story told him by the survivor, Walter Trintepohi, a German, who swam to the Carmania and was rescued in an exhausted condition. Since being taken aboard the Carmanit, Trintepohi had been in the ship's hospital threatened with pneumonia. He told his story to Mr. Spurgeon before he became seriously ill, but owing to his exhausted state and his broken English, his accounts of the disaster was somewhat incoherent. Trintennhi had hr>pn pmnlovoH at Barcelona and took third class passage on the Volturno to secure a position offered him in New York. Alarms of Fire. "All went well," said Trintepohi, "until 6 o'clock Thursday morning, when the fire alarm sounded. We were aroused and told to go on deck, as fire had broken out in the hold. On assembling life belts were handed around and much time was occupied in fastening them. We were told that the fire soon might be quenched, but the captain thought it wise for all to have belts as a precaution. "The fire frightened the children, v ho cried bitterly. There we : } ti'.nny babies in arms. The fire grew worse. We saw things blasting down below. About 10 o'clock there was a cry to lower the boats. "The captain behaved splendidly. So did the officers, who were English. I am sorry to say that the crew wno were uermans and Belgians, behaved very badly. The people rushed about wildly and the crew seemed to think they ought to have first place, and instead of quieting the passengers they made the panic worse. "The first officer took charge of the first boat, but although he wanted the women and children saved first, a majority of those who entered the boat were members of the crew. This boat was smashed against the ship's side. Just as it reached the water it broke in two and all in it were drowned. "Meanwhile, attempts were made to lower the second boat. I can not fRNS AT SEA; 136 PASSENC iraphib Tale?Death List ol Follows Smashing of Boats{ But Two are Believed to I sel Only to Be Swamped By | say who was in charee. but I Ho know I? that after the chief steward had < i 'thrown in provisions he jumped in i himself. There were more men thaw i women and children in this boat, i i for it was broken against the ship j and all were drowned. Three Boats Put Out. 1 "These two boats were amid ships, j Three other boats were put out aft. j The fourth officer was in one of them, c but I cannot say which one. All was I confusion. The ropes broke and the s occupants were thrown into the wa- s ter and drowned or killed. c "When the captain saw what had happened he cut the tackle of the c other boats so that they could not be j launched. I "We were so glad when we saw the Carmania coming for we said, 'Now we shall all be saved.' *] "The firemen rushed up from be- r low and refused to go back. The cap- 'N tain drew his revolver and drove them below but soon after, as the fire c was spreading, they were obliged to t abandon the engines. t "As soon as the Carmania was t sighted the captain made all the wo- ]: men and children go to one side and c the men to the other side. We had s been compelled to leave the bridge t and go aft because it was too hot. li women wept, shrieked, laughed and v became hysterical. ii "We had not thought of food but b in the afternoon we considered it better to get something and went to h the kitchens, which we found de- v serted, made coffee and helped our- r selves to biscuit and beef. But most b mania but nobody told us to jump in. t< In fact, we knew not what they were ti there for. About 6 o'clock the decks tl aft began to get very warm, then tl hotter and hotter. But we did not f, seem to feel the heat." b Showing his boot with the sole half n burned through, Trintepohi said: d "I don't remember this but it was awful when the flames burst out. Some of the men and women tore their hair but others were quiet and still. ? Jumps in the Sea. "After the explosion I thought it better to jump, for I am a good swimmer, and an English passenger ^ and one of the crew said they would _ accompany me. I jumped first; they followed, but I never saw them again. -1 maae ior tne tierman ship, but they did not hear me. Then I came towards the Carmania and shouted, ^ 'Help, Help,' and was saved by aid f of the searchlight. I was about an ? hour in the sea and became half un- ? conscious. I know not how I was got p out. Q "During the day five sailors and C one steward fell into the fire and C were burned to death. | "I know nothing more, I came ^ away because it was too hot to stay q any longer and I feared the whole ? ship would blow up." E When Trentepohi was told that, ac- j; cordincr to the cantain's wiroloon mno_ - ? , I< sage, six boats had been launched F and two got away, he said: C "It is not so. I was there all the ? time and saw everything. No boat r got away." j Mr. Spurgeon, in his own account, J tells of the attempts to get life boats * alongside the Volturno. j: "Nothing," he said, "was seen of ^ the two boats launched with about I 20 passengers each after they left A the Volturno's sides. Four others & were smashed against the ship's side ? and the occupants either killed or q drowned. , p "At 9 o'clock Thursday night the B captain of the Volturno sent a des- | pairing message which read: 'For g God's sake help us or we perish." ? "By a miracle the flames did not V spread to the after deck. . Eventually the sea moderated and boats saved bzi persons. The death roll numbers 136." The wireless operator aboard the n Carman ia sent the first message. "Two boats were lowered from the it Volturno before the Carmania arrived and lift passengers were lost. Disembarkation commenced before tl daylight. The total number lost is f< 186 as far as known." d A wireless mesage from the cap- h / jERS perish f Ill-fated Ship Remains at -Passenger Says No lave Left Burnthe Sea. ,ain of the Devonian, one of the ressuing steamsrs, says he has 59 survivors aboard, comprising 18 men, 20 women and 21 children, all well. This s the same number previously re>orted. A wireless from the steamer Seyitz, forwarded from Bremen, says ihe has 46 survivors Instead of 36 as >reviously reported. This would ac:ount for the ten supposed to have >een aboard the Carmania, the latter ;teamer having been credited with 11 lurvivors whereas she is bringing in >nly one. Among the first class passengers m the Volturno there were only two \mericans, John Krug and Frieda trug. The Rescue. A wireless from the Carmania to The Daily Mail thus describes the escue of the passengers from the folturno: "The boats took off in quick sucession the survivors, who passed one ?y one down the lines. Daybreak saw he arrival of two other steamers? he Czar and the Narragansett. The atter, an oil tank steamer, which amp at. full snoaH /lA.lr ???? 1L ? .... W1/vvvl| WWfV UJ7 a fJUSlWIUIl lightly to the windward of the Volurno. In a few minutes she had two arge streams of oil pouring on the irater. This was invaluable in helping the rescue work of the small oats around the Volturno's stern. "By 9 o'clock the remaining 521 ad been safely taken off. Each ship rent on a short cruise in different diections to scout for the missing oats, but nothing was seen of them. ion of Capt. Barr of the Carmania; hird, to the splendid seamanship of he international rescue squadron; ourth to the Volturno's staunch ulkheads; fifth, to the providential loderation of the gale during Thursay night." DEPARTMENT OF COMMERCE Bureau of the Census. Vm. J. Harris, Director. Washington SOUTH CAROLINA Number of bales of cotton ginned counting round as half bales) prior > Sept. 25. I I Crop I 1913 | 1912 Lbbeville __ __| 2,639| 2,347 L?ken 10,716| 7,910 Lnderson 4,408 4,141 lamberff 7,509 4,900 larnwell .. __ 13,785| 11,109 leaufort I 899! 366 Berkeley I 1,853! 989 Calhoun .. __ | 5,956! 3,894 Charleston 1 1,0191 253 Cherokee I 577] 410 Chester .. __ | 3,5891 3,304 Chesterfield __ __ | 4,577 5,921 Clarendon | 9,3241 6,053 Colleton .. __ __ | 3,957! 2,402 larlington I 4,394) 6506 lillon j 6,294! 7,995 )orchester J 3,726 2,359 Cdjjefield | 4,877 3,318 "airfield __ I 9 4KR o rqi lorence __ __ 7,310 6,222 ieorgetown __ __ 402 323 freenville 1,173 . 876 ireenwood 3,027 2,917 lampton 5,841 3,757 lorry | 620 364 asper J 1,234 827 [ershaw | 3,872 5,043 .ancaster | 1,479 2,436 *urens I 3,097 3,514 ee 7,942 7,375 .exington 4,494 4,478 farion 3,796 3,675 larlboro 7,249 15,000 lewberry 3,719 4,945 >conee 583 130 (rangeburg __ __ 18,576 11,699 ' ckens 196 66 lichland __ __ 4,594 4,008 laluda .. __ .. 2,516 3,394 partanburg __ __ 2,504 2,630 nmfar I a aoal n inn w __ I V,?(iU| 1,1^1 Fnion 70*71 687 kTilliamsburg 4,233 2,082 rork 2,372| 2,912 Total 193,818| 174,251 Unless a man likes rabbit, he can't take a shotgun pay a dividend. You can't tell by the load a man i carrying where he got it. A girl always tells the shoe clerk tiat she wears number three, but her set are swollen. And the clerk gets own a pair of wide sixes and keeps is face closed.