Atlanta tri-weekly journal. (Atlanta, GA.) 1920-19??, December 09, 1920, Image 1

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Atlanta QfeMMaHto Sfounial VOL. XXIII. NO. 30 PRESIDENT SEEKS ARMENIAN LOAN AND iTIXUWMON Declares for Philippine Inde pendence, Relief for Dis abled War Heroes —Mes- sage Is Read by Clerk WASHINGTON. Dec. 7. —President Wilson today called on congress to enact a program of legislation which he said would put the United States In the forefront of a movement to make the spiritual power of democ racy prevail throughout the world. In his final regular message to * congress, which was sent to the two houses today by messenger, the pres ident said that there are two ways In which the United States can lead in establishing the doctrine of "right makes might” in the world. These ways, he said, are: "First, by offering the example within her own borders of the will and power of democracy to make and enforce laws which are unques tionably just and which are equal in their administration. "Second, by standing for right and justice as toward individual na tions." > At the close of his message the president wrote a paragraph which might be regarded as a valedictory, aaying: “I have not so much laid before you a series of recommendations as I have sought to utter a confession of faith, of the faith of which I was bred and which it is my solemn pur pose to stand by Until my last fight ing day. I believe this to be the faith of America, the faith of the future, and of all the victories which await national action in the days to come, whether in America or else where.” The president declared that "the display of an immediate disposition on the part of the congress to reme dy any injustices or evils that may have' shown themselves in our own national life will afford the most ef fected offset to the forces of chaos and tyranny which are playing so disastrous a part in the fortunes of free peoples in more than one part of the world.” Legislative Program President Wilson did not mention the peace treaty nor the League of Nations in his message, but submit ted the following program to carry out the aims he outlined: (1) Immediate passage of the budget bill. (2) Strictest economy in govern ment appropriations. (3) Immediate revision of tax laws. (4) Adequate provision for dis abled soldiers and sailors. (5) A government loan to Ar menia. (6) Granting of independence to the Philippines. The Atlanta Journal News Bureau, 623 Riggs Building. BY THEODORE TILLER \ WASHINGTON, Dec. 8. That President Wilson has in his heart and mind the hope of being able per sonally to appear before the senate and urge once more the ratification of the peace treaty became known here today. The president did not refer specifically in his message to the treaty. In well-informed quarters, it is understood that this was partly due to the desire of Mr. Wilson to make a final appearance before the upper chamber before his term expires. Whether Dr. Grayson and Mrs Wilson eventually will agree ,o this cannot be forecast. They opposed his appearance Tuesday before a joint session, and he did not come though he wanted to read his mes sage. z Should Woodrow Wilson tn the closing days of his administration go before the senate, the action would constitute one of the most spectacular and dramatic events in American history. It would be the final official appearance of a sick man, still cheerishing his ideal, be fore a body that has since shown hostility to what he did at the peace table. 'Former Army Captain Claims He Served As German Spy ' NEW YORK. Dec. B.—Sensational disclosures of his mission to this country as a spy for the German government, were given in an alleged confession by John Willers, former ly captain of Company I, Forty eighth United States infantry, alleg ed thief and deserter, after his ar rest here tonight charged with ab sconding with $5,000 of his company funds on December 19, 1918. His regiment was then stationed at Camp Seveir, Greenville, S. C. His capture was accidental. He ■was crossing Fifth avenue at Forty- Second street near the public library when Hugh J. Hanigan, formerly a first lieutenant in Willers’ company, 'recognized him. Hannigan called a policeman and Willers was arrested. At a police station the prisoner was further identified by two other for mer lieutenants in Company I. Sid ney P. Howell and Francis Hatch. Willers was then taken to Gover nor’s island, headquarters of the Second army corps, and placed in confinement at Fort Jay. Becited in Brazen Fashion Willers, .the police said, recited in a brazen fashion how he was sent to the United States as one of 300 cadets trained in the acts of es pionage to enlist in the American army. On his arrival in the United States Willers went to Albany, where he enlisted, he said, as a private. His military attitude won him rapid promotion and his knowledge of <English and his ability to "speak like an American” enabled him to obtain a commission. TEXT OF WILSON’S MESSAGE The text of President Wilson’s message follows. When I address myself to per forming the duty laid upon the president by the constitution to present to you an annual report on the state of the union, I found myself dominated by an immortal sentence of Abraham Lincoln’s, "Let us have faith that right makes mighC and in that faith let us dare to do our duty as we understand it”—a sentence im mortal because it embodies in a form of utter simplicity and pur ity the essential state of the na tion, the faith in which it was conceived and the faith in which it has grown to glory and power. With that faith and the birth of a nation founded upon it came the hope into the world that a new order would prevail through out the affairs of mankind, an order in which reason and right would take precedence of covet ousness and and I believe that I express the wish and pur pose of every thoughtful Ameri can when I say that this sentence marks for us in the plainest man ner the part we should play alike in the arrangements of our do mestic affairs and in our exer cise of influence upon the af fairs of the world. By this faith and by this faith alone, can the world be lifted out of its pres ent confusion and despair. It was this faith which pre vailed over the wicked force of Germany. You will remember that the beginning of the end of the war came when the German people found themselves face to face with the conscience of the world and realized that right was everywhere arrayed against the wrong that their government was attempting to perpetrate. I think, therefore, that it is true to say that this was the faith which won the war. Certainly this is the faith with which our gallant men went into the field and out upon the seas to make sure of victory. Test of Democracy This is the mission upon which democracy came into the world. Democracy is an asser tion of the right of the individual to live and to be treated justly as against any attempt on the part of any combination of indi viduals to make laws which will overburden him or which will destroy his equality among his fellows m the matter of right or privilege, and I think we all realize that the day has come when democracy is being put upon its final test. The old world is just now suffering from a wanton rejection of the principle of democracy and a substitution of the principle of autocracy as asserted in th A, name but with out the authority and sanction of the multitude. This is the time of all others when democracy should prove its purity and its spiritual power to prevail. It is surely the manifest destiny of the United States to lead in the attempt to make this spirit pre vail. There are wo ways in which the United States can assist tb accomplish this great object: First, by offering the example within her own borders of he will and power of democracy to make and enforce laws which are unquestionably just and which are equal in their adminis tration —laws which secure its full right to labor and yet at the same time safeguard the in tegrity of property, and particu larly of that property which is devoted to the development of industry and the increase of the necessary wealth of the world. Second, by standing for right and justice as towards individual nations. The law of democracy is for the protection of the weak, and the influence of every de mocracy in the world should be forthe _ protection of the weak mation, the nation which is strug ling towards its right and to wards its proper recognition and privilege in the family of na tions. The United States cannot re fuse this role of champion with out putting the stigma of re jection upon the great and de voted men who brought its gov ernment into existence and es tablished it in the face of almost universal opposition and intrigue. \ even in the face of wanton force, as, for example, against the Or ders in Council' of Great Britain and the arbitrary Napoleonic de crees which involved us in what we know as the War of 1812. Make U. S. An Example I urge you to consider that the display of an immediate disposi tion on the part of the congress to remedy any injustices or evils that may have shown themselves in our own national life will af ford the most effectual offset to the forces of chaos and tyranny, which are playing so disastrous a part in the fortune of the free A Personal Message About Our Astonishing 25c Offer Here are some remarkable facts. They surprised and impressed us far more forcibly than they will surprise and impress you. Just three weeks ago we decided we could afford to make our great sacri fice offer. And we announced on this page that we would send The Tri-Weekly Journal for three months to any reader who sent us Twen ty-five cents. Almost before the paper was off the press, so it seemed, the, orders began to pour in. It was totally unexpected. They kept pouring in all week. So we repeated the offer in the next week’s edi tions. The rush of orders swelled to the size of a flood. We were surprised again. But we felt, somehow, that there might still be some readers who had neglected the chance. So we repeated the of- BARGAIN NO. 11 By SPECIAL ARRANGEMENT, and for a SHORp TIME ONLY, this big MONEY SAVING chance is open'-to you. Read it! and then ACT! Send us TWENTY-FIVE CENTS (25c only), in pennies, stamps, silver, money order or check. We will send you The Tri-Weekly Journal from NOW until March 15. That’s practically THREE MONTHS! And for the trifling sum of “TWO BITS’” CLIP THE COUPON! The Atlanta Tri-Weekly Journal, Atlanta, Ga.; Enclosed find 25c, send Me Tri-Weekly Journal until March 15. ( Name P. O State ..........._... R. F. D. No peoples of more than one part of the world. The United States Is of necessity the sample de mocracy of the world, and th© triumph of democracy depends upon its success. Recovery from the disturbing and sometimes disastrous ef fects of the late war has been exceedingly slow on the other side of the water and has given promise, I venture to say, of ear ly completion only in our own fortunate country; but even with us the recovery halts and is im peded at times and there are immediately serviceable acts of legislation which it seems to me we ought to attempt, to assist that recovery and prove the inde structible recuperaive force of a great government of the peo ple. One of these is to prove that a great democracy can keep house as successfully and in as business-like a fashion as any other government. It eems to me that the first step towards proving this is to supply our selves with a systematic method of handling our estimates and expenditures and bringing them to the point where they will not be an unnecessary strhin upon our income or necessitate un reasonable taxation, in other words, a workable budget system, and I respectfully suggest that two elements are essential to such a system: namely, not only that the proposal of appropria tions should be in the hands of a single body, such as a single ap propriations committee in each house of the congress, but also that this body should be brought into such co-operation with the departments of the government and with the treasury of the United States as would enable it to act upon a complete conspec tus of the needs of the govern ment and the resources from which it must draw its income. I reluctantly vetoed the budget bill passed by the last session of the congress because of a con stitutional objection. The house of representatives subsequently modified the bill in order to meet this objection. In the revised form I believed that the bill, cou pled with action already taken by the congress to revise its rules and procedure, furnishes the foundations .for an effective national budget system. I ear nestly hope, therefore, that one of the first steps taken by the present session of the congress will be to pass the budget bill. Improved Finances The nation’s finances have shown marked improvement dur ing the past year. The total ordi-. nary receipts of $6,694,000,000 for th© fiscal year 1920, exceeded those for 1919 by $1,542,000,000, while the total net ordinary ex penditures decreased from $lB,- 514,000,000 to $6,403,000,000. The gross public debt, which reached its highest point on August 31, 1919, when it was $26,596,000,000, had dropped on November 30, 1920, to $24,175,000,000. There has also been a marked decrease in holdings of government war securities by the banking institu tions of the country, as well as in th© amount of bills held by the federal reserve banks se cured by government war obliga tions. • This fortunate result has re lieved the banks and left them freer to finance the needs of agriculture, industry and merce. It has been due in large part to the reduction of the pub lic debt, especially of the float ing debt, but more particularly to the improved distribution of government securities among investors. The cessa tion of the government’s borrow ings, except through short-term certificates of indebtedness, has been a matter of great conse quence to the people of the coun try at large as well as to the holders of Liberty bonds and Victory notes, and has had an important beating on the mater of effective credit control. The year has been character ized by the progressive with drawal of the treasury from the domestic credit market and from a position of dominant influence in that market. The future course will necessarily depend upon the extent to which econo mies are practiced and upon the burdens placed upon the treas ury, as well as upon industrial developments and the mainten- J ance of tax receipts at a suf ficiently high level. The fundamental fact which at present dominates the govern ment’s financial situation is that seven and a half billions of its war indebtedness mature within the next two and a half years. Os this amount, two and a half billions are floating debt arid five billions Victory notes and War Savings certificates. The fiscal program of the government must be determined with reference to (Continued on Page 7, Column 4) 1- ATLANTA, GA., THURSDAY, DECEMBER 9, 1920. DRASTIC REDUCTION IS COTTON ACREAGE URGEDATMEETING Revival of War Finance Cor poration Is Recommended Also at Meeting of Gov ernors MEMPHIS, Tenn., Dec. B.—The task of enforcing a reduction in the 1921 acreage of cotton will be put in the hands of the state banking associations of the various cotton states. This was decided at the opening session of the south-wide cotton acreage reduction conference, which began a two-day session here Tuesday. The 1,000 merchants, bankers, plan ters rind cotton men attending unani mously elected Governor J. M. Park er, of Louisiana, asX chairlnan of the conference. Leon Sternburger, of Memphis, was elected secretary. Each cotton growing state will be organized for the purpose of assist ing bankers in reducing cotton acre age. A banker, merchant and farm er will be selected from each state to direct the work. Colonel W. B. Thompson, of New Orleans, was named chairman of the committee to pick these committees. Though the conference was called to discuss reduction of acreage, it has so far devoted nearly all of its time to discussing means of finan ing cotton now on hand. Governor Parker surprised the con ference by barely mentioning acreage reduction in the opening address. Col onel Thompson, however, declared that a 50 per cent reduction in 1921 acreage alone can save the south. He advocated holding' th© next crop to 6,000,000 bales. Some opposition is developing to a radical reduction in acreage. Gover nor Parker indicates that he favors expansion of credits rather than a reduced crop. Governor Parker again sprang a surprise by his emphatic demand for a protective tariff “sufficient to guard the southern producer against other nations.” "Credit must be given Europe so it can take over the surplus prod ucts of this country,” Governor Parker said. “This credit should not be for but ninety days; a year should b© given the European buyer in which to pay. “The Federal Reserve bank, in working with member banks, must solve the problem of relieving th© glutted markets. “If local banks will guarantee ex change for exporters and the federal reserve system will back them up, the south will again be on the road to prosperity.” A reduction of at least 50 per cent in the cotton acreage in 1921 and a crop f not more than 6,000,000 bales was predicted by W. B. Thompson, former president of the New Orleans Cotton Exchange. “The south is determined to re duce the cotton acreage in 1921 to at least one-half of that of last year,” Colonel Thompson said. "This will mean that the coming crop will be reduced to 6,000,000 bales or less. The convention here is called for the purpose of solidifying this de termination and serving notice on the world that the cotton producing south will no longer permit its chief agricultural asset to be slaughtered and its producers impoverished by any combination of circumstances or interests whatsoever.” After outlining the course of the market in recent months. Colonel Thompson declared the reduction movement was made necessary by “the appalling decline in prices, due, we are told by apologists for the ruthless deflation campaign, to over production.” “In spite of the fact that in the spring the farmers were urged and encouraged by financial authorities at Washington to produce all the cot ton possible,” Colonel Thompson con tinued, "we are, after the price has declined to figures which represent less than one-half actual cost of pro duction, told that we have produced too much and must stand the conse quences of such overproduction. “The answer to this is that ■ we will hold tight to every bale of the so-called surplus and that we will reduce the next crop to proportions which will stagger those who would reduce the cotton produced to a con dition of destitution. "The bankers. merchants and farmers of this section understand the situation and its remedy perfect ly. Even if the farmers were able and willing to plant a full acreage, the bankers and merchants will not supply the necessary means. This is not a matter of mere resolution by farmers to reduce acreage, but an issue of vital necessity for which the whole financial south is taking up its arms. ■DUN OPPOSES MPEMH Os LEOE PLANS Questions of Finance, Health and Transportation Sharp ly Attacked at Wednesday Session GENEVA, Dec. 8. —(By the Asso ciated Press.) —Plans proposed for the formation of the technical organ ization of the League of Nations, dealing with finance, health and transportation, were sharply attacked at today’s session of the league’s as sembly by Newton Wesley Rowell, former president of the Canadian pri vy council. These plans, he contended, tended to take such organizations out of the hands of the assembly, which should control them, and throw them under th© influence of Europe through the impossibility of the non- European nations sending their best men to three or four conferences an nually. "Fifty thousand Canadian soldiers under the sod in Europe is the price Canada has paid for the European statesmanship which drenched the continent in blood,” Mr. Rowell de clared. The Canadian’s energetic inter ventioft in the debate took the assem bly by surprise. Most of the Euro pean delegates gave no sign of re covery from their- astonishment as he concluded, but he was warmly ap plauded from all the other benches. Norway Opened Debate Debate on the subject had been opened by Dr. Fridtjof Nansen, of Norway. It was based on the re port of the committee on technical organizations. Dr. Nansen insisted upon the necessity of co-operation in these organizations by countries not members of the league. He called attention to the participation of non members in previous financial con ferences and other consultations, and pointed to the substantial aid they had given in the work of repatriat ing prisoners of war. After Mr. Rowell had voiced his views, Gabriele Hanotaux, of France, took the floor and replied to the Ca nadian delegate’s criticism. These, the French representative argued, should have been made in committee. Delegate Miller, of Australia, sup ported Mr. Rowell. He warned the assembly that it could not oblige the governments to take part in the working of these organizations and that it had no means under the cove nant to meet the expense of them. More Co-operation Urged Gustave Adpr, of Switzeralnd, ex plained that -ft was proposed to set up these organizations with consul tative powers only, th© assembly losing none of its powers in so do ing. . Lord Robert Cecil/ said he thought Mr. Rowell was mistaken in thinking the organizations would fall under the control of Europe. All the world must co-operate in all the league’s work, he declared. Replying to M. Hanotaux’s inter pretation of his remarks as an at tack upon European statesmen, Mr. Rowell said he did not so intend them and if any delegate so con strued his remarks he had no hesita tion in withdrawing his words. Cox Offers to Name Senator-Elect Willis So Harding Can Resign COLUMBUS, 0., Dec. B.—Gover nor James M. Cox, of Ohio, defeated Democratic candidate for the presi dency, Wednesday wired President elect Harding offering to appoint Senator-elect Frank B. Willis, of Ohio, to fill the unexpired portion of Mr. Harding’s term as senator, should Mr. Harding care to resign immediately. Governor Cox’s telegram to the president-elect follows: "I read in the papers of your in tention to resign from the senate on January 10 or 11, at which time the new governor -will appoint Senator e’ect Willis. I have no doubt that in preparing for the executive tasks you are desirous at the earliest pos sible moment of bringing the sena torial responsibilities to an end. “If it. will in any way give fur therance to your plans or add to your convenience I shall be most happy to appoint Mr. Willis imme diately upon your resignation. “This suggestion is prompted by t spirit of helpfulness which must possess all people without regard to political association if government is to efficiently meet the needs of hu manity.” fer again last week. And listen to this! In one day last week more orders came in than we received during th# entire first week ! The total for last week fairly swamped us! Here Is the Double Offer Such an amazing response can mean only one thing. It means .that this special sacrifice bargain exactly suits the needs of our readers when money is scarce! We feel it is our duty to give everybody a chance. The offer stilVstands. Read the conditions. Tell your friends about the opportunity. Act Today! ’ F BARGAIN NO. 2! . Here’s the SECOND tremendous opportunity to SAVE! Tell the GOOD NEWS of The Tri-Weekly Journal’s GREAT TWENTY-FIVE CENT offer to FOUR of your neighbors. Take their orders at 25c each. Send us ONE DOLLAR ($1) only. We wilj fill their subscriptions. And as payment for your trouble, we will extend YOUR OWN subscription up to March 15 without cost. CLIP THE COUPON! The Atlanta Tri-Weekly Journal. Atlanta, Ga.: Enclose find sl. Send The Tri-Weekly Journal until February 15 to the following four addresses. Also extend my subscription to March 15, as per your offer. Names Postoffice ' R. F. D. ........... • ...... • ••••••••• Put your own name and address here. Past Year Greatest in History of State Baptists, Convention Report Shows Reports showing the past year to have been the greatest in the history of the Baptist denomination in the state of Georgia were presented on Tuesday at the opening session of the ninety-ninth annual meeting of the Georgia Baptist convention. De spite the inclemency of the. weather, th© main floor of the Baptist tab ernacle. where the convention is meeting, was filled to capacity with tist associations in the state and vis itors from all sections of Georgia. The convention will be in session un til Thursday evening. Coming to a vote just before the luncheon adjournment of the Geor gia Baptist Convention early Wed nesday afternoon, the plan to amend the constitution of the convention was decisively defeated. Spirited debate preceded the vote. The proposal was to amend th© con stitution so as to enlarge the ex ecutive committee and thereby give each of the affiliated Baptist asso ciations iri the state at least one member on the committee, which now is composed of 52 persons. When the matter came up for dis cussion on Wednesday a substitute amendment was proposed by Dr. L. R. Christie, of Savannah, providing that the executive committee should be composed of twenty-four mem bers, two from each of the twelve congressional districts in the state. The original amendment was intro duced by Dr. T. C. Burrell, of Li thonia. Both propositions were the subject of extended debate. Another matter before the conven tion was the plan to establish a com mission of seven persons to operate the Christian Index, the weekly de nominational paper now owned by the convention. The Christian Index was purchas ed by the convention through its executive committee almost a year ago. It is now operated by a special committee composed of Dr. C. W. Daniel, Dr Henry Alford Porter, Dr. W. H. Major, Dr. F. C. McConnell and Dr. Arch C. Cree, with Louis D. Newton as managing editor. Dr. John D. Mell, of Athens, was unanimously re-elected president of the convention, this being his consecutive term. The vice presi dents are: Dr. A. Chamblee, of Hawk insville; Dr. John W. Ham, of At lanta; B. S. Thompson, of Madison, and W. W. Brooks, of Atlanta. Dr. 8.. D. Ragsdale, of Macon, was re elected secretary; Dr. W. T. Gra made, of Statesboro, was re-elected treasurer. The name of Dr. W. A. Hogan, of Lincolnton, was present ed as a nominee for president, but he declined to allow the use of his name. •- The devotional services which opened the session were conducted by Dr. J. M. Haymore, of Waycross, in the absence of Dr. James Orme Smith, of Albany. Then came the report of the committee on the order of business, presented by Dr. W. W. Gaines, of Atlanta, who submitted the program for the three-days’ Ses sion. The program was adopted without change. Substance of Report The report of the executive com mittee and the review of the past year’s work done by Georgia Bap tists was presented by Dr. Arch C. Cree, the executive secretary of the committee and of the state mission board. It was shown that the re ceipts for the past year were $1,774,- 399.74, which were over $1,000,000 over the receipts of the previous year. The purchase by the denomi nation of the Christian Index and the campaign to place it in every Baptist home was explained by Dr. Cree, wh oalso described the devel opments of the book department, which, he said, is in better condi tion than ever before, but must be further developed. Attention was called to the evangelistic work done during the past year, which resulted in 17,975 additions to the Baptist churches of Georgia, against 5,268 in 1919. Among the achievements of Geor r gia Baptists during the past twelve months, Dr. Cree pointed out the li quidation of the debt on the Baptist Tabernacle in Atlanta, the develop ment of the Sunday school organiza tion of the state, and arrangements for a Baptist Sunday school conven tion next April, the remarkable de velopments of the educational de partment, and the growth of the Mercer system, the enlargement of the Georgia Baptist hospital, the In crease in the B. Y. P. U. organiza tion, and the development of the (Continued on Page 7, Column 6) SENATOR SMITH PREDICTS SUCCESS OF FARM AID PLAN BY THEODORE TILLER The Atlanta Journal News Bureau, 623 Riggs Building. WASHINGTON. Dec. B.—Despite the hold-up in the senate of the Nor ris resolution for re-establishment of the war finance corporation and a lower rediscount rate by federal Re serve banks, Senator Hoke Smith be lieves the corporation w’ill be made to function -again and that the agricultural situation will be re lieved. Senator Smith expresses confidence that there are votes sufficient in both senate and house to pass the reso lution,, and that the initial opposition of Senators Lodge, Glass and others will not kill the plan. In a statement issued here today, the senior Georgia senator said: “We have every reason to be en couraged to expect favorable action, by congress for the re-establishment of the war finance corporation. “At a joint session of the commit tee on agriculture of the senate and house it was agreed to report at once favorably a resolution directing the renewed operation of the war finance corporation, and recommend ing that the federal reserve banks liberalize discounts based upon paper secured by agriculture products and also recommending the board to re duce the rate of interest charted by the regional reserve banks. “The war finance corporation will be in a position to aid immensely in financing the sales on time of our ex ports to central Europe. "It will be a governmental agencj’ studying all foreign credits and se curities, and in position to raise large sums of money to help carry th© time sales into central Europe and elsewhere. It will, of course, co-operate with our exporters and with corporations organized under the Edge act. It will not compete with them, but will support them. "The resolution was reported from the committee on agriculture by the chairman of the committee. Senator Gronna, and went over under the rules of the senate, there haying been opposition made to immediate con sideration of the measure. We be lieve we have the votes in each house to pass the resolution. It will be ob served that-it requires the renewed operation of the war finance corpo ration. . ' , , “It only recommends a broadening of the discount rate by the federal reserve board. We did not put in this resolution a direction for the lowering of the rate, because we knew this would meet with very se rious opposition, and we believed the recommendation, at least for the present, the wise course. “The strength of the movement is that we are letting the Republicans lead. Western grain interests take even more responsibility for the leg islation than the cotton growing-in terests of the south. Os course, the* senators and congressmen from the cotton growing states will all sup port the measure. By the plan we are pursuing we avoid standing sim ply for a sectional interest. Indede, the copper interests, zinc interests and iron interests, as well as farm products, will be helped by the re newed operation of the war finance corporation "I wish to say again that it will not take the place of the export cor porations to which the banks of the south are subscribing, and which in Georgia is known as the measure es pecially advocated by Mr. R. F. Maddox, of Atlanta, “Th© war finance corporation, to gether with the other agencies, v '■ ch ought to be in operation by Jan .cry 1, should be able to finance the ex port of over a billion dollars’ worth of our products and put them in central Europe with the time cred its required there for purchases. It will furnish an immediate market, now closed, for a large amount of cotton.” Wilson Sends Senate Expense Account of Peace Trip to Paris WASHINGTON, Dec. B.—A special message giving the complete ex penses of the American peace com mission during its work abroad was transmitted to the senate today by President Wilson. The total expenditures amounted to $1,651,191.09 from December 1, 1918, to December 4, 1920. The amount actually paid out was $1,703,- 712.06, but repayments and gains in exchange reduced this by $52,520.97. 5 CENTS A COPY. $1.50 A YEAR. IMPROVED OUTLOOK OUICKENS COTTON MILE SPI NOLES Some Mills, Closed Tempo rarily, Resume Full Time Operations as Orders for Cloth Show Increase Generally improving conditions in the textile industry are indicated in dispatches received by The Journal from many of the cotton mill centers of the south. Several mill presidents express themselves as more optimis tic than in some weeks past, and all express the conviction that condi tions affecting the industry will con tinue to assume a more favorable as pect. Some few mills which had shut down temporarily either have resum ed operations or are preparing to do so in the near future. For example, a Greenwood, S. C., mill that had closed for two weeks, is now run ning full time. Orders for cloth are picking up, it is said, and some mill men express the opinion that big ’ buyers of cloth have about reachc “ the conclusion that the cotton mat, ket has hit rock bottom and hence*- - x forth may be expected to rise. This view is expected to stimulate orders for the products of southern mills. Although there kave .been slight reductions in wages at some mills, there are no indications of a general move in this direction, it is said. Some of the more recent dispatches received by Tfce Journal follow: FIVE GREENWOOD MILLS now Running full time GRBENWOOD, S. C., Dec. 7.—The five cotton mills in Greenwood coun ty are now operating/ on full time after having curtailed production several weeks. With one exception the plants have'day and night shifts. President J. C. Self, of the Green wood Cotton Mills, and also vice president and chairman of the board of directors of the Bank of Green wood, expressed himself as very op timistic as to business conditions. He feels that the crisis has been passed, and while not looking for a boom soon, he is of the opinion that the conditions will continue to im prove and that business will be steady and normal. He feels very hopeful of the pres ent and the future. His mills, which had cut production, are now running on full time, night and day, having resumed full operation Mondav morning. J. F. Abney, president of the Gren del Mills, of this city, and the Nine ty-six Cotton Mills, of Ninety Six, states that his mills were run on part time only two weeks, and that they are now running full time. He is in the best of spirits and expects steady and continued improvement. Panola Mills, of which Senator S. S. McGhee is president, are running full time during the day, but arV not being operated at night, as they are not run at night in normal times. He reports the dry goods situation greatly improved and that there seems to be a revival of business in all lines. He says there has been a great deal more talk of curtailment in the Piedmont section than there has actually been. He predicts that in thirty days the wheels can not turn fast enough to supply the de mand. Marvin S. Chipley, cotton mer chant, thinks cotton has reached a level where no further unfavorable conidtions will influence th© market price. In every similar period in the past recovery from a price below the cost of production has occurred promptly when listeria has sub sided and courage and foresight on the part of every southern interest reasserts itself, he says. Higher and better prices for all farm products are assured. ALL SPARTANBURG COUNTY’S 900,000 SPINDLES RUNNING SPARTANBURG, S. C., Dec. 7. The textile situation in Spartanburg county, both as regards operation and sale of product, is brighter now than it has been for several weeks past. There is not an idle spindle among the nearly 900,000 in Spar tanburg county. A general cut of 10 per cent in wages was made a month ago, but there has been no indication of any additional wage curtailment. Mill men in this sec tion are reporting better sales of cloth than in some time, and a more optimistic sentiment is being ex pressed by many. The textile industry in Spartan burg is on a firmer basis than it is in other centers of the same indus try in the south, by virtue of the fact that the mills of the county are older corporations with well-estab lished business, which has not felt the recent depression as acutely as the mills in other sections. In several of the counties imme diately adjoining Spartanburg, cotton mills are operating only four days a week, with wages reduced as much as 25 per cent. Some mills have suspended entirely, but these are few in number. Several of those who have suspended are reported making preparations to resume oper ation. CONDITIONS IMPROVING, SAYS KNOXVILLE MAN KNOXVILLE, Tenn., Dec. 7.—Con ditions in cotton mills of this -sec tion seem more optimistic tha’ ■ v were several weeks ago, bui is nothing yet to warrant r full time, announces Genera] Tyson, prominent cotton mill General Tyson stated that there is some possibility of mills resuming full time work after the first of the year, but declined to give positive assurance this would be done. CONSTANTINE IS ASKED TO FAVOR SON, IS REPORT PARIS, Dec. B.—The Greek gov ernment has addressed a note to former King Constantine asking that he abdicate immediately in favor of the crown prince, sayg a dispatch from Athens today.