Historical Newspapers of South Carolina

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11 The Chesterfield Advertiser Paul H. and Fred G. Heam Editors PUBLISHED EVERY THURSDAY Subscription Rates: $1.50 a Year; six months, 75 cents.?Invariably in advance. Entered as sccond-class matter at the postoffice at Chesterfield, South Carolina. TROUBLE FOR THE CANDIDATES News comes from Washington that farm organizations leaders have decided to quiz the candidates for the presidential nomination and those who don't answer the question favorably will be turned down. It is to be hoped the presidential candidates are better posted on farm matters than was Horace Greely, who was the Democratic candidate for the presidency just after the Civil War. It was told <>n him that in the agricultural department of his paper, the New York Tribune, he advised farmers that in raising pumpkins they should not shake the tree, but should climb up and pull them olf. Now if the farmers are preparing to interrogate the candidates these aspiring gentlemen, Democrats and Republican , l ad better post themselvi ' ieultural lines. (I ! ... \v., }.barton was a farmer, but he made a bad start when a hoy by cutting down his father's favorite cherry tree. That the farm* mean business is evidenced by the tatement that comes direct !; >1 Mr. Barrett, of x Georgia, pros' hit - the National Farmers Union. S r Mr. Barrett: "We will dei t 1 a most comprehensive and unr is' Me statement of the position < ! > h candidate on questions especial . , nu to agriculture. The i'ar..'.< : \\ 11 not submit to camouflage; ii.mvi c, the committee will try 'i inline before submitting its uiidbi'.rs t<? the farmers, just what ability a candidate may have to carry out his pre-election promises." There you 1 ave i', the word with the bark on. To add to the ?!" > 'afort of presidental candidates the-, i an intimation that organized labor is preparing to take part in the presidental campaign and any candidate who can not answer satisfactorily the searching qualities of organized labor will have to jro foot. In the meantime and how some ever there seems to be no lack of candidates. Now here is another phase of the matter that may loom up and tfive aspiring candidates no little trouble. The women in some states will have tne rtgnt to vote, and the women, bless 'em, can ask a lot of questions, and questions not always easy to answer. Already one candidate, Mr. Herbert Hoover, has been called upon, (not by the ladies, however,) but by the Georgia State Democratic Committee. They have written a letter to Mr. Hoover, asking him if he is a Democrat, a Republican, an Independent or a what. The Democratic primary in our sister state is to be held April 20 and unless Mr. Hoover says he is a Democrat he will not be voted for in the Georgia primary. So there you are. Herbert Hoover has written a letter which has come to our attention since the above article was put in type in which he tells the Georgia Democratic Committee that he is not a candidate. This paragraph from his letter explains his position: '"Since | wa not identified with the Democrat - partj l?"fore the war, and my ..il: i nie-' tio!) with the government hi- heon snlelv n win1 ar. i i ' .! <>f a part i- an cl . I, i >t !> ' n able to par suade in> )! at n! 'hat any real public service will In- perforated hy injecting myself into tin* race for the nomination to tlx- great* t honor at the disposal of tl. \nu-rican people." Jt is stated that tin driest place in the world i the r ; n between the lower branche >f the .Vile where rain was never kno.vn to till. Vet since prohibition a > to the United States there an , > ii.iduals who claim that thi < > m* \ In id the record for dryncCharles A. Crane, of Chicago ha been appointed .V ni. ter to ' hina by President Wilsoon. In I !?(>;> Mr. Cramwas appointed by I'm ident Taft Minister to China, hut wa called hack before he got there for "talking too ; much." (luess Taft wantd to do all ; the talking himself and thought Crane was flying too high. i Here is one effect of the war that j perhaps you had not noticed. An ad- > vertisement in a British newspaper _ reads thus: "Would anyone like to subscribe to my wedding ? I have a c girl but nothing else. Would anyone c help a busted warrior?" COTTON GRADING In the Augusta Chronicle Mr. N. L. iVillet has this item that will interest farmer readers of the Advertiser: ? The other day a farmer was about to sell a bale of cotton in an interior town; a government cotton grader happened along and pulled the staple with the result of finding out that it carried extra staple, and the fanner made extra $35.00 on his bale. One shortcoming in the whole of cotton trade is that color alone is so ^ often the basis of value in cotton. Very few cotton factors or buyers ev- ^ er"pull"the staple of a bale of cotton. A better standardization in the s cotton trade should demand that the ^ cotton dealer should be experienced ^ in staple pulling, and that every bale ^ should be tested for lint length and j, should be made to bring its full val- j ue. It requires skill to do this. Cot- j ton is graded over 1 inch, in six-l( teenths, and it takes a skilled eye and hand to determine these gradations. I How time changes I t Washington's birthday was celebrated in London at a banquet by the Lord Mayor of London. Lord Reading ) spoke of Washington as "the man 1 who defeated us and one of the best ? men we ever produced." ? '] Here is one way to beat the butch- 3 er and the baker and the high cost of 1 living. Just "laugh and grow fat." j< THE AGE OF PROTEST t With the signing of the Armistice there commenced throughout the ! world, and particularly it would1 seem in America, an age of protest. ' While the war was at its height we |1 thought we wanted an international * I peace pact, but it took months and , jmonths of quibbling and dickering', and protesting by the representatives', of the Powers at Paris to get the thing ( into any sort of shape; the Senate j lias been wrestling with the matter , until everybody is tired of hearing it, , and now, fifteen months after we , 'thought the World War was over, our status of war with Germany and Aus- , I tria is still unchanged; and to cap the 1 Iclimax, as a result of the President's J own protest to the Allies regarding , the proposed Adriatic settlement, the < [treaty has been indefinitely side- : j tracked by the Senate. . j Moreover, we find the same trouble in other legislative matters. The lab- , or leaders protested and the proposed anti-sedition law was promptly aban- ; doned in both houses of Congress. Again organized labor protests and ; action on the railroad measure comes i I to a halt, after bills have been passed | by both Houses and the difference < | reconciled by a conference commit- ; fee. J A little while ago our people, < aroused by the hardships and losses : resulting from the steel and coal | strikes, made a general demand for an anti-strike law and Congress went ; actively to work to enact one. But or- i gani/.ed labor lifted a hand of pro- | test and Congress dropped the n at- ' ter immediately. The Washington authorities have received a thousand protest; against : the huge Government expenditures, : but wherever an attempt is made to 1 reduce this cost, somebody protests j and the effort is nullified. Congress- ; men protest against giving the Fed- < eral Departments money to maintain their big forces of unnecessary clerks < and other employes; the employes 1 protest to their Congressmen against | being thrown out of work; and the ] Congressmen in turn protest to the I bureau chiefs against the dismission of employes who happen to be their constituents. Then too, when the 1 Shipping Board undertakes to sell a ] lot of the idle ships, cut off expenses : of maintenance and repairs, and in- j cidentally put a few millions of dol- I lars into the Treasury, some enter- > prising "taxpayer" Mr. William Ran-1 doyph Hearst for instance, enters a < protest in the form of an injuction, < and the ships continue to ride at anchor among our hundreds of other idle Government merchant and passenger vessels. 1 Then too, there is the ever-present ' universal protest against the high 1 cost of living, along with the protests I against too long hours and too little pay, on the one hand and on the oth- ' r lhe protests of the farmers that 1 ncy have all of the real work of pro- i |duction to do, with hut a few of the J comforts and pleasures of life, and ? only a small share of the just reward ( of labor. Tnere is also a protest by doctors ^ against intolerable conditions in their profession, and the recent threat to * inioni'/.e. They may soon, by a strike | issue an emphatic protest against fur- ^ ther, efforts to restore people to P nealth. And, of course, if the "flu" j ! or something else comes along and r nakes an honest attempt to relieve a he protesting thousands of all their ? lis here below and give them en- f ranee to a happier sphere, just think ? if the protests-?-the real and justi-'l 'iable protests-- that will be made to <1 he last and worst of all profiteers, j f he- undertakers. j" And so it is everywhere. Kverybody a lias a kick or protest of some kindie tnd nobody seems to be able to do id inything really worth while. |tl And Mr. Root said the other day, PT' n his keynote speech, it is time for verybody to begin to attend prinei- ra jally to his own business and go to c< work. tl h< Ruby-My-Tism is a great pain kill-jrt >r. It relieves pain and soreness P' used by .Rheumatism, Neuralgia, n< Jprains, Etc* hi WAS PREPARIED ! ONGRESSMAN STEVENSON < READY WITH ANSWER WHEN CALLED tepliea To Banker Statesman Show- ! ing Complete Knowledge Of Financial Systems The -opening gun what looks like a ght that is to be waged by the Reublicans for a material contraction f the currency, if not the eventual bolition of the Regional Banking ystem was fired in the house on Thursday of last week by Representaive Luce of Massachusetts, and redied to by Congressman Stevenson of South Carolina. All the indications are New Engand and New York are thirsting for :urrency contraction so as to bring ibout a reduction of the cost of raw naterials of all kinds including farm iroducts, as well as salaries and vages, so as to increase the purchas- | ng power of money already accumu- ( ated, with a view to clinching and, maintaining the financial advantage the northeast has so long enjoyed ov- i er the south and west. In other words the northeast wants restoration of the prewar status under which, from the foundation of the government, it had teen able to drain the south and west )f whatever they had under conditions of handicap from which it was never intended that those sections should ever be allowed to escape. Under the old national bank sysem, controlled by a self-constituted :oterie of financial sharps in New j York, New England and Chicago, low ates of discounts were allowed to the i + r. ?,J l_ I vv.?_rv c?..u piv/ouvv: .'.OIRCl apctuiotors, of luxuries and the like, while from farmers, producers of raw materials of all kinds and even manufacturers (outside of certain favored localities) were exacted ruinously high rates in proportion. The regional re- ( serve bank under Democratic Management has reversed this policy, | rind seeing in the eventual outcome an equitable readjustment of old conditions, the northeast has resolved upon a struggle in which it will stop at nothing to get back its former con- ; trol. Former Governor Luce, of Massachusetts, one of the foremost financial experts of New England and a member of the committee on banking and currency was selected by the RcI ublieans to open the battle which he did in a carefully prepared speech of thirty minutes. It fell to Mr. Steven-, son, also of the same committee, as the best equipped expert . on the Democratic side, and although with-j out previous warning, and having but ten minutes of time, he not only withstood the onset; but left his opponent considerably disfigured. Mr. Stevenson's speech as publish-j ed in the Congressional Record is as follows: Mr. Byrnes of South Carolina. Mr. Chairman, I yield 10 minutes to the gentleman from South Carolina (Mr. Stevenson). Mr. Stevenson. Mr. Chairman, we were met a few minutes ago with the tatement that we were flooding the ountry with fiat money, a statement made by the distinguished gentleman from Massachusetts (Mr. Luce). As I lave always understood the proposi- { ion, when you said "fiat money" you J meant money issued without an adequate reserve for its redemption; and. ] think the gentleman from Massachusetts will agree with me on that proposition. The gentleman refers to the reports of the treasury of the United States which we receive from time to ime, and he says that we are increasng the inflation from time to time. If he will look carefully at the reports of the treasury, he will find that for every Federal reserve note there s in circulation there is a gold reserve in the United States treasury and in the Federal reserve banks, unning up to nearly 5 cents upon the dollar, the highest reserve that any civilized nation haB ever been known o maintain against its note issues. The gentleman says the inflation is what is destroying our industrial fabric. Now, the gentleman evidently wants to hark back to the days when money was controlled by private institutions known as national banks. When he refers to flat mnnev. with 10 per cent, minimum gold reserve pgainst every dollar, what does he .sk us to return to but the old nationpi bank note, with 5 per cent, of gold is a reserve fund, with which this ountry was flooded for 50 years durfiVC the administration of the party ( vhieh the gentleman represents and vhich he would have take charge igain? Not only that, hut the Federal reerve notes are issued as the emergency arises and are retired as rapidy, while the 5 per cent, secured bank j lotes were issued at the beck and call I nd will of the great national banks1 f this country, and when they decidd to contract the currency and bring n a bankers' panic, as they did in | 017, all they had to do was to turn I ; own their thumbs and withdraw j roni circulation a hundred or two' i 11 11 ion of bank notes, and currency! s contracted, with money scarce, and j verything a man had to sell going ' j own and the purchasing power of ie dollar held by the national bank { oing up. J . But I want to see about the gentle- ! lan's figures. He says that we are mtinuing to expand. Let us see if ? le gentleman read his reports, which ( i intimates the balance of us did not t sad. I will show you instead of ex- ] inding, during the good month just i >w running which he has cited, we p ive contracted the difference be-j .. . ... . ... . .. . . _ . ;ween $90,000,000 and $262,000,-'' )00. I In other words, during the month j >f January?and it is written on the ( face of the report that the gentleman j Flaunted here as if he was the only | man that read it?that during this month of?January they have issued $96,170,000 of Federal reserve notes and they have retired $242,112,000 and they have redoemed at the treasury $20,000,000 more. (Applause from the Democratic side.) This a reduction of $165,942,000, and leaves actually in circulation outside the reserve banks $2,795,000 of reserve notes. Does that continue? Let us look a little further. In 1917, when we went into this war, we had?and he talks about the flood of money we have in circulation?on the 1st day of April $45.35 for each citizen of the United States. What have we today? On December 1st, the JaBt statement that I have in my hand, we have $55.65, an increase of only $10 for each man, woman and child in circulation during the time of the most extraordinary financial transactions ami the most remarkable spread that has ever been seen. We have increased it nearly $10 a head, or $1,000,000,000. My friend says we are going on increasing. Let us look for one minute. If he will look at some more of the reports, he will learn some more. On November 1, 1918, the circulating medium per capita then was $55.84; today it is $55.34. Is that an increase? Not only that, but let us look at January, 1919, just 12 months ago. The circulating medium per capita was then $55.76 and today it is only $55.34?not an expansion of $1 per capita, but a contraction of about 50 cents per capita in the United States in the 12 months. And the gentleman says expansion is the cause of our ills. Well, our troubles began when the war closed, and we have not expanded but instead of that, we have contracted; and yet the ills have arisen. There is no expansion shown when you appeal to the record which he commends to us to be read. Now, let us see. He talked about the increase in the issue of Federal reserve notes, and that is true. Why was that embarked upon? Because we had when we began about $900,000,000 of gold certificates outstanding, and for every gold certificate outstanding there was a gold dollar to be delivered for it upon presentation. The gold reserves of the world had to be eared for and built up in order that we might have the money with which to finance the great World War in which we had entered, and the government entered upon the very wise policy of withdrawing the gold certificates; and when you did, when you took a $1,000 gold certicate in, you released a thousand dollars and that thousand dollars of gold went to be a reserve against $2,500 of Federal reserve notes und it therefore enabled us to finance the war and keep this country on a gold basis. (Applause on the Democratic side.) The fact that the report the gentleman uses in the treasury report, and charges up all Federal reserve notes in the hands of the Federal reserve agents and that is not in circulation till put out by the banks. The bank statement shows that there is in circulation $2,795,000,000 of Federal reserve notes, and under section 616, suoaivisions a, d, c, d, andf, 40 per cent, gold reserve must be maintained and 5 per cent, must be in the United States treasury fund. Counting the settlement fund and general fund, the gold in the treasury mounts to $1,452,795,302 or 49 per cent, of all Federal reserve notes actually outstanding. The Chairman (Mr. MacGregor.) The time for the gentleman from South Carolina has expired. Mr. Black, will the gentleman yield? Mr. Stevenson. Yes. Mr. Black. Is it not a fact also that we are the only great country in the world that has been able to maintain the gold standard? Mr. Stevenson. That is entirely true. The Chairman. The time of the gentleman from South Carolina has expired. Mr. Stevenson. May I have more time? Mr. Byrnes of South Carolina. I regret very much that I have not any. Mr. Stevenson. Very well. I ask unanimous consent, Mr. Chairman to revise and extend my remarks. (Apnlauste 1 Vf>rlri/i11a OKLAHOMA RATIFIES SUFFRAGE AMENDMENT The Oklahoma Senate, following similar action by the lower house, has passed by a vote of 25 to 13, the resolution ratifying the Susan B. Anthony suffrage amendment to the Federal Constitution and Governor Robinson has declared the act of ratification by Oklahoma complete. As ratification by but thirty-six States is necessary and Oklahoma is the thirty-third State to take such action, favorable action by but three more States is needed to put the amendment into effect. The West Virginia Legislature is now considering the amendment in a special session ind favorable action is expected. DISCHARGE NOTICE On the 8th of March, 1920, I will ipply to the Probate Court of this bounty for a discharge as Adminis- } ratrix for the Estate of H. E. Guledge, deceased. February 2, 1920. i Allia L. Gulledge, | v^rBUILDII The Car Load arrived and they And no wonde HALF the PRIC HERE NOW I am sel MANTLES at ri Also have r to see me if you J. ALLIES AGREE TO WILSON'S i ADRIATIC PROPOSAL ! I President Wilson's suggestion, made in his note of Feb. 24, that the Adriatic question be settled by negotiation between the Italian and Jugoslav Governments, has been accepted ? by the Allies, and they have asked the ' Resident to join them in making this suggestion to Jugoslavia and Italy. The British and French Premiers, in their reply to the President's note, 1 repeat the assurance that they "never had the intention of making a definite settlement without obtaining the views of the United States Government." The reply is dated Feb. 26 and invites the attention to the fact that the failure of the American Government to keep a representative at the Peace Conference has proved an almost insurmountable obstacle to the success of the negotiations in the Adriatic matter. The Premier's note indicates that they regard as of the greatest importance the President's expressed willingness to accept any settlement which is "mutually agreeable to Italy TO MY Custom! You w Store in fron Those seed?Weig them in my your pay. Bring store; all the Have in Shoes Have Cotton Seed j. Di> p. Carload c We handle tF a difference in the We handle I World'. Best," full; Also we handl guaranteed for 5,0C Tube, at a very low tube in its place. WE ALSO BIT When in need convinced. REMEMBER? Weseli the India' CHESTERHEI MGMAl DOOR and WINDC are going like hot cakes ;r. They are as good ^E. A visit will convi . Bring the wagon and ling beautiful QLJEE ight prices. lew building materials, intend building. AARON and Jugoslavia regarding their common frontier in the Fiume region, provided such agreement is not made on the basis of the compensation elsewhere at the expense of nationals of a third power." Under the proposed plan, if^Jtaly and Jugoslavia fail to agree, the other powers will again take up the ques-1 tion. The Treaty of London must stand. They hold that, in case efforts to reach an agreement on some other basis fails, the application of this treaty is the "only valid alternative." FROST PROOF CABBABE PLANTS For immediate shipment, extra fine stocky plants. Early Jersey, Charleston Wakefield, Succession, Flat Dutch. By express 1000 $2.00, 2000, $.1.;>0, f?000, $7.50. Prepaid nuiik 300, $1.00, 500. $1.50, 1000, $2.50. Send for price list. Sweet Potatoes, Tomato and other Plants. 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