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«COTTON BONDS
GET APPROVAL OF
BUSINESS MEN
A plan of Issuing cotton bonds
with which to meet pressing obliga
tions in place of using money for
that purpose, has been worked out
by W. J. Walker, a farmer and
business man of Sylvania, in Screv
en county, and has been submitted
by him with favorable results to
prominent business men of Atlanta
and other cities.
Briefly stated, the plan is as fol
lows:
\ I—The1 —The farmers, merchants and
bankers in a county form a cotton
i bonding corporation, and name a
trustee to hold their cotton and is
sue their bonds.
2 Farmers desiring to obtain
■otton bonds place their cotton in
•the hands of the trustee, who de
posits the cotton in a warehouse,
weighs it, grades it. insures it, and
issues bonds to the owner, accord
ing to the amount of cotton so de
posited, and according to the basis
of value upon which the security is
hypothecated.
3 The farmer then uses his cot
ton bonds, which are split up into
small denominations, for the pur
pose of paying his pressing obliga
tions to his merchant, banker and
other creditors.
4 These, in turn, pass the bonds
along to larger creditors, such as
fertilizer companies, supply con
cerns, large banks, etc., which hold
them until the redemption date.
5 The period for which the bonds
run is six months.
According to Mr. Walker, the cot
ton bonding plan, substantially as
above, was used very ef
fectively in Screven county in the
cotton crisis of 1914. when the sud
den outbreak of the European war
caused a temporary paralysis in the
cotton market.
Cotton then was selling, when it
could be sold, for 5 or 6 cents a
. pound. The cotton bonds were is
' sued on a basis of 7 cents a pound,
good middling, and before they ma
tured in six months the price of
cotton had gone up to 10 cents, and
the bonds were redeemed promptly
with a margin of cash for the
farmers.
The bond trustees would hold title
to the cotton until the bonds were
, redeemed. would be se
cured, first, by the cotton in ware
house; second, b ythe note of the
cotton owner; third, bv the corpora
tion issuing the bonds.
At redemption date, if the cotton
had not reached the value for which
it was bonded, the owner would
have to pay the difference. But in
this connection, Mr. Walker argues,
a farmer is vastly better off with
his pressing obligations paid and
his cotton retired from the market,
than with his creditors waiting and
his cotton unsold on a stagnant
market. Further. Mr. Walker ar
gues that the sale of cotton now at
very low prices may yield a farmer
less than he owes, and the dump
ing of cotton on the market will
sink the price still lower.
The cotton bond plan has been
considered bv the directors of the
Georgia division of the American
Cotton association, and they think
well of it and indorse it. Mr. Wal
ker is making his headquarters for
the present in the offices of the
Georgia division in the Kiser build
ing. He will put the plan before
the bankers, merchants and farmers
of the entire south. He has pre
pared a prospectus in pamphlet
form to be given wide circulation.
The South Carolina division of
the American Cotton • association,
according to Mr. Walker, has also
indorsed the cotton bond plan, and
he expects to see a number of coun
ty bonding corporations launched in
that state in the near future.
Peddler Pays Fine
With Counterfeit Bill
■ NEW YORK.—A peddler, fined 32
in Essex Market court for a license
. iolation, muttered “fair enough”
nd approaching the court clerk laid
own what appeared to be the tradi
ional $lO bill. The clerk counted
' ut $8 change and the peddler, count
ng it again, tucked the' bills in his
„ , >ocket and proceeded on his way.
Later it was revealed that the ped
ver not only had escaped a $2 fine,
ut was $8 to the good. The $lO bill
as a counterfeit. Police are seeking
• im—apd with a vengeance.
Thirty other peddlers were fined $2
each for license violations. All of
’em paid—and with real money.
Why Druggists Recommend
Swamp-Root.
For many years druggists have
watched with much interest the re
markable record maintained by Dr.
Kilmer’s Swamp-Root, the great kid
ney, liver and bladder medicine.
It is a physician’s prescription.
Swamp-Root is a strengthening
medicine. It helps the kidneys, liver
, and bladder do the work nature in
tended they should do.
Swamp-Root has stood the test of
years. It is sold by all druggists on
’ its merit and it should help you. No
other kidney medicine has so many
friends.
Be sure to get Swamp-Root and
start treatment at once.
However, if you wish first to test
this great preparation send ten cents
to Dr. Kilmer & Co., Binghamton.
N. Y., for a sample bottle. When
writing be sure and mention this pa
per.— (Advt.)
MAN’S
BEST AGE
A man is as old as his organs; he
can be as vigorous and healthy at
' 70 as at 35 if he aids his organs in
performing their functions. Keep
your vital organs healthy with
. COLD MEDAL
she world’s standard remedy for kidney,
.tver, bladder and uric acid troubles
, lines 1696; corrects disorders; stimulates
vital organs. All druggists, three sizes.
xx>k for the name Gold Medal on every
boxfand accept no imitation
Cured
I was badly ruptured while lifting a trunk
several years ago. Doctors said my only hope
of cure was an operation. Trusses did me
no good. Finally I got hold of something
. that quickly and completely cured me. Years
have passed and the rupture has never re
‘ turned, although I am doing hard work as
a carpenter. There was qo operation, no
lost time, no trouble. I have'nothing to sell,
but will give full Information about how
you may find a complete cure without opA
arion, ir you write to me. Eugene M. Pullen.
Carpenter, 189-G Marcellus avenue, Manas
quan, N. J. Better eut out this notice and
show it to any others who are ruptured—
you may save a life or at least stop the
misery of rupture and the worry and danger
of an operation.—(Advt.)
' HOTEL CLERK TESTIFIES
A person often does more good
than he realizes when he tells a suf
fering friend how to get well. J.
N. Tohill, clerk Lottie Hotel, Evans
ville, Ind., writes: “For weeks I
suffered constantly with pains in
the muscles of my thigh. I was
treated by the doctor for rheumatism
tpt found no relief. Upon recom
mendation of a friend, I tried Foley
Kidney Pills and began to get relief
.almost immediately.” Good for back
ache, rheumatic pains, stiff joints,
sore muscles.—(Advt.)
THE ATLANTA TRI-WEEKLY JOURNAL
COSTS 25 CENTS
TO RAISE COTTON,
EXPERT REPORTS
That cotton can be produced more
cheaply under boll weevil conditions
with the use of calcium arsenate in
liberal quantities than it can with
out the use of calcium arsenate, and
that the actual production cost of
cotton with calcium arsenate was
more than 25 cents pen pound, are
two interesting and highly important
facts established by experiments
conducted this year at the boll wee
vil experiment station of the Georgia
state department of entomology.
This particular station, located
near Baxley, in Appling county, is
one of several experiment stations
operated by the department of ento
mology for different lines of cotton
research. The operation of the boll
weevil station near Baxley was in
charge of Ira W. Williams, cotton
specialist in charge of boll weevil
work, and one of the most experi
enced men in the south, having made
a special study of the boll weevil for
more than ten years.
report of Mr. Williams on the
results of the experiment was sub
mitted Saturday to J. J. Brown, com
missioner of agriculture. It appears
to demonstrate conclusively that an
investment of money in calcium ar
senate to destroy the boll weevil re
turns actual dividends in the form
of an increased yield.
The report is further interesting in
that it shows, by actual figures,
that cotton production at this experi
ment station cost 25.4 cents per
pound where Chlcium arsenate was
used, and 31.33 cents per pound
where calciums arsenate was not
used.
The question of the cost of this
year’s crop of cotton has been much
discussed all over the country since
the market went to piece a few
months ago. Agricultural leaders
have, contended that the cost was
well over 25 cents a pound. Many
estimates have gone higher than 30
cents.
Mr. Williams believes the condi
tions under which the boll weevil
experiment station produced cotton
this year were as favorable for econ
omy as could have been found on
any farm in the south. That is to
say, he believes it would have been
impossible to produce cotton any
cheaper than he produced it. Hence,
if it cost him more than 25 Cents
a pound to produce cotton with the
use of calcium arsenate, which was
demonstrated to be cheaper than pro
ducing cotton without calcium ar
senate. he believes the cost of pro
ducing every bale of this year’s
crop of cotton throughout the'south
was at least 25 cents a pound as an
absolute minimum, and in many
cases more.
Cotton is selling now around 16
and 17 cents a pound.
In his report of the experiments
conducted at Baxley, Mr. Williams
says:
“This station has been operated
this year mainly to test out the
growing of cotton with the use of
calcium arsenate under boll weevil
conditions. The station, consisting of
fifteen acres, was laid off in plots ot
one-half acre each, with two check
plots in different parts of the field.
Qn these (check plots) no calcium
arsenate was used, but all of the
other methods previously advocated
by the board of entomology were
used on these blocks, as well as on
the entire field.
“The drift of the calcium arsenate
the check blocks being narrow, con
tributed a great deal to the control
of the boll weevil on the check
blocks. This, together with the fact
that the regular fight on the boll
weevil without calcium arsenate was
made on the check blocks, contrib
uted greatly to their yield. It will
be seen that fourteen bales weighing
411 pounds each were made on the
dusted area (of fourteen and one-half
acres), while 309 pounds of lint cot
ton was made on the undusted area.
This gave an increase of 102 pounds
of lint cotton per acre.”
Attached to the above report are
the detailed cost figures. These fig
ures show that the total cost of pro
ducing 5,694 pounds of lint cotton
on fourteen and one-half acres (with
calcium arsenate) was $1,446.44, or
25.4 cents per pound. Os this cost.
SB.IO per acre went for dusting with
calcium arsenate.
The figures show that the total
cost of producing 309 pounds of lint
cotton (without calcium arsenate)
was $96.82, or 31.33 cents per
pound.
Kept Alive on Stolen
Rolls for Month, Boy
Confesses When Caught
“I have been living on
light rolls for the last month,” stated
Horace Meeks, a sixteen-year-old boy.
who was arraigned on a disorderly
conduct charge in the recorder’s
court Saturday morning following
the disappearance of a dozen rolls
from a downtown bakery.
"I have been unable to get work
and did not have any money,” young
Meeks told the recorder, “and it was
necessary for me to steal the rolls to
sustain life. For the first time in a
month I today ate some meat which
the policemen kindly bought for me
after I had tola them why I stole
the rolls.” .
Meeks was arrested early Saturday
morning by Patrolman Sinyard, who
stated to Recorder Johnson that he
had seen Meeks take the rolls from
the bakery.
Meeks was turned over to Proba
tion Officer S. J. Coogler with in
structions that a job be obtained for
him.
Prisoner Recaptured
After Attempt to
Escape at Griffin
GRIFFIN, Ga., Dec. 11. —While
the city court was in session yes
terday and while the prisoners were
in the prison room on the second
floor of the courthouse, Clarence
McGee, one of the prisoners, when
carried to dinner, cut up his cot into
ropes, hid them in his overalls pock
et and after being returned to the
courthouse, made use of the rope to
make his escape. Had it not been
that one of the prisoners informed
Sheriff Patrick of the escape, McGee,
who had been convicted of violating
a labor contract, would have made a
complete getaway.
After Sheriff Patrick had been in
formed, he placed guards just un
der the window and when McGee had
succeeded in reaching the ground by
means of his improvised rope the
officers took him in charge. He will
now have to stand trial for several
other charges and the little/ negro
who informed the sheriff will be re
warded for his service.
New Orleans Man
Has Changed Life
NEW ORLEANS.—Pretty soon it
will get so they will stop trying to
kill Herman Raspe, of New Orleans,
on the simple theory that it can’t be
done. Raspe’s latest accident was
being struck on the nose by a rivet
plunger, the blow being equivalent to
650 pounds. Hfs nose was split, but
hospital surgeons say he will recover.
A few weeks ago Raspe fell fifty
feet from a scaffolding and escaped
with minor scratches on one arm.
While serving on the Mexican border
he tried to saddle Maud, the regi
ment’s fightin’est mule. When Maud
finished the first round Raspe had
soared through the air forty-six feet
by actual measurement. The prints
of two hind mule shoes were clear
on his chest. But he gat his wind
back, took a drink of ammonia and
saddled Maud.
PRINCIPALS IN OKLAHOMA murder case. Above Is Mrs.
Clara Smith Hamon, charged with the shooting of Jake L. Hamon,
millionaire and politician. The others are Hamon and his widow.
• • ■■■■ --
a -
-- 7W‘ fa
Übfau.
Haden’s Suggestion, That
Farm Credits Be Made
Easier, Arouses Interest
The farmer’s obligations mature
in the 'fall when his cotton crop
is harvested. To pay his obligations,
he must sell his cotton. The system
forces him to dump his cotton on
the market in a very short period.
Charles J. Haden, the well-known
Atlanta lawyer and business man,
who takes a keen interest in civic
affairs, suggests a change in the
farmer’s credit system. He suggests
that the notes of the farmer cover
ing fertilizer and supplies be di
vided into four instalments extend
ing over a period of six to nine
months, "thereby giving the cotton
grower such a leverage that he
could dominate the price of his
staple.’’
Mr. Haden recently was invited
to address the Cincinnati Associa
tion of Credit Men on the subject
of “Cotton and Credits.” His sug
gestion of dividing the cotton grow
er’s obligations into installments
was presented in that address and
aroused a great deal of interest.
The suggestion was repeated last
week to the Atlanta Association of
Credit Men in a short abbreviation
of the Cincinnati address.
Mr. Haden argues that cotton is
the greatest security on earth, yet
is "driven to the market by the
whip of a cruel credit system, while
the manufactured products of cot
ton are sold to merchants of for
eign countries on nine and twelve
months time.” i
Details of the Plan /
A statement by Mr. Haden of the
proposed plan of dividing the far
mer’s notes into instalments was
prepared by him for The Journal. It
is as follows:
“It requires twelve months to
spin the cotton crop. Between the
picking time and the day of actual
spinning, somebody must carry it.
The custom has been that the mid
dle men, usually the speculator and
the warehouseman, carries the crop
for the European market stored at
Liverpool, Hamburg and Havre. The
spinners rarely keep on hand more
than a few weeks’ supply.
"For many years after the Civil
war a large part of the southern
cotton crop was consigned by the
exporters to commission houses in
Europe without any contract price,
and the commission house across
the sea placed the cotton on the
market to the best offer and re
ported the sales. The American
house not knowing the price until
the account of sales and the check
came back.
"Crude and cruel as it now seems
to trust ship loads on the buying
side of the ocean at the mercy of
the bears, the present system is
barely more humane. The credit is
extended payable as quickly as the
crop is gathered in October and
November, forcing cotton on the
market like a deluge, the entire
crop thrown on sale within sixty
days. *
"Suppose the manufacturer of
shoes or clothing was forced
by imperious custom to sell his
entire year’s product in sixty
days and the buying public knew of
his predicament. Could the manufac
turer hope to get <* remutte.-Civ*
price under a forced sale? But cotton,
under whip and spur of notes given
for money, supplies and fertilizer, is
driven out of the house of its friends
into the bands of the buying bears
as rapidly as it can be taken from
the gin, and the slaughter is con
summated in sixty days.
Products Get Long Credit
"When this raw cotton has been
manufactured in Europe it is sold to
the merchants in India. China and
South America on nine and twelve
months’ credit.
"If two years of 40-cent cotton
has not put our growers on a cash
producing basis, so that the product
when made is theirs to hold inde
pendent of creditors, then it would
seem tha' the best thing to do is to
provide a system of credit that will
enable them to carry raw cotton,
selling it. gradually through twelve
months, in response to spinners’ de
mand, the normal way. The system,
once established, would work no
harm, as creditor and debtor and all
others at interest would adjust theii
plans to meet changed conditions.
"If notes given by cotton growers
for money, supplies and fertilizer
were made to mature at different
dates, one-fourth in November, one
fourth in February, one-fourth in
May and one-fourth in August, even
if the longer periods necessitated
some increased price, or interest bur
den, It would give the growers such
a leverage that they could dominate
the price. It would be a cushion
against the shock of a stampeded
market. The agony of the present
hour is that all debts have become
due On the universal southern pay
day, the old-time middle men are
financially unable to carry the crop,
and cotton, the greatest collateral on
Mystery Still Shrouds
The Whereabouts of
Miss Clara B. Smith
ARDMORE, Okla., Dec. 11.—The
whereabouts of Miss Clara Barton
Smith, charged with murder in con
nection with the fatal shooting of
Jake L. Hamon, here, recently re
mained as much a mystery here to
night as during the twenty days she
has ben sought throughout the coun
try and in Mexico, according to of
ficers here interested in the search.
Russell B. Brown, county attorney,
said he had absolutely no inforfna
tidn in which he could place credence
as to the whereabouts of Miss Smith.
He said the latest news he had re
ceived appertaining to the young
woman’s movemnts and which he
felt sure was aunthentic was the ref
port of her brief stop at Cisco, Texas,
several days ago.
Columbus Working for
Population of 100,000
On 100th Anniversary
COLUMBUS, Ga., Dec. 11.—A city
of 100,090 by 1927 is the goal set
by the Columbus Chamber of Com
merce and at its annual meeting last
night the body went on record as
favoring some suitable celebration
to mark the 100th anniversary of
the founding of Columbus, which
falls in July, 1927.
It is announced that the “Greater
Columbus” movement is to*be put
forward with new vigor at this time
and that every undertaking will be
with a view of building up towards
)lhe goal. One of the first big moves
of the new year is to be a big annex
ation campaign, which, it is hoped,
will result in taking into the city
at least 20,000 more people now re
siding in the suburbs.
A housing campaign will also be
undertaken as a means of increasing
the city’s population. The chamber
of commerce has had this matter un
der consideration before and hopes
to push it to actual results early
in 1921. Other big projects will be
lunched in the interest 6f a “Greater
Columbus” in the immediate future.
GALLSTONE TROUBLES
A new booklet written by Dr. E. E. Pad
dock, Box 55201, Kansas City, Mo., tells
of improved method of treating catarrhal
inflammation of the Gall Bladder and Bile
Ducts associated with Gallstones from which
ren.nrkahle results are reported. Write for
booklet and free trial plan.—(Advt.)
Big Improvement in
Italian Foreign Trade
WASHINGTON, Dec. 11. —An im
provement in the foreign trade situa
tion in Italy is shown by a state
ment of the Italian finance depart
received today by the Italian
embassy. in»jsc' , *s for the first nine
months of this year decreased 576,-
000,000 lire as compared with those
of the same period the year before,
while exports increased 1,762,000,000
lire.
The total of imports was 11,911.-
000,000 and exports 5,517,000,000,
leaving an unfavorable balance
against Italy of 6,495,000,000 lire.
earth, is a beggar. We are reproduc
ing the story of ‘Aladdin’s Lamp.’
which, having the power to create
fortunes by magic, was finally neg
lected by its friends and at last was
hawked about the streets.
“Master the Commodity”
“By the above plan, the south
woujd have the mastery of the com
modity. For many years after the
Civil war merchants and supply men
secured by nothing but a crop lien,
usually executed before the seed was
planted, staked the farmer for mules,
implements and supplies nad waited
until the autumn. Their security was
merely a prospect—a pledge of a
thing not in being. The promise of
the Confederate States, made with
the southern ports blockaded, ana
with the death rattle in the throat
of the Confederacy, to deliver cot
ton to Europe to discharge bonds,
made those bonds sell in London and
Paris at a better price than on the
same day United States bonds sold
for in New York.
“Why is not this miracle of credit
still able to command financial as
sistance an average of Jour months
longer than the present arbitrary
standard? Will not the south recog
nize that cotton monopoly is its
birthright and guard it to the limit?”
$100,000,000 BILL
FOR LAND BANKS
IS APPROVED
The Atlanta Journal News Bureau,
623 Kiggs Building.
BY THEODORE TIX.LEB
WASHINGTON, Dec. 12.—Edmund
Platt, vice chairman of the federal
reserve board, Saturday approved the
bill offered by Representative Young,
of North Dakota, proposing to turn
over to federal land banks approxi
mately $100,000,000 for the redis
counting of notes secured by live
stock when guaranteed by a respon
sible bank. The fund mentioned rep
resents the earnings of the federal
reserve system, and the statement of
Mr. Platt is the first official expres
sion from the reserve board indors
ing any of the various projects pro
posed in congress for the relief of
agriculture in the present period of
price depression.
While the Young bill would cover
only the live stock industry, rep
resentative Young said today that
the utilization of $100,009,000 for this
Industry naturally would lessen the
financial tension throughout the
whole agricultural industry, since it
would release other moneys for gen
eral farm loans.
The senate today continued the de
bate on the Norris resolution to re
vive the war finance corporation and
to express the sense of congress that
the reserve board should assist ag
riculture in every way possible con
sistent with sound banking.
Discussing the relief of the live
stock branch of agriculture. Vice
Chairman Platt, whose indorsement
of the Young bill is expected t'o be
followed by that of Governor Hard
ing, said:
, “The bill offered by Representa
tive Young provides for relief to
the cattle raisers and the live stock
industry in general and is, in my
judgment, a practical, workable meas
ure.
“It permits the secretary of the
treasury to deposit in the federal
and banks in each of the years 1921
.nd 1922, fifty millions of the prof
ts of the federal reserve system, to
be used to rediscount the notes held
in banks based on live stock securi
ty, as these notes may be for terms
as long as two years. It is obvious
the federal reserve banks cannot re
discount notes of such long terms
as their resources must be kept
iquld, the money loaned to member
banks being the money of depositors
and subject mostly to payment on
demand. ,
, “Furthermore the loans to cattle
and live stock Industries which it is
proposed to carry by this means
stand on a different basis from other
agricultural loans. Immature cattle
are bein*"' forced on the market by the
calling of loans, or perhaps by in
sistence on the payment of loans on
maturity which in normal times
would have been renewed.
“The forcing of immature cattle on
the market jeopardizes the future
supply of food, and as the cattle
naturally become more valuable as
they mature the security for the
loans rediscounted increases in val
ue.”
Vice Chairman Platt says that
much of the paper taken by banks
and cattle loan companies in the ag
ricultural ' sections was eventually
taken over by banks in the east with
no direct interest in live stock pro
duction and these eastern banks now
demand their money.
The Young bill, he says, appears
sound from both a public and bank
ing standpoint.
“Incidentally the relief afforded,”
says Mr. Platt, "to many banks in
the agricultural districts by this
method of taking care of the cattle
paper, with which many of them are
overloaded, will aid the farmers in
other ways, for it will set free credit
which will strengthen their reserves
and enable extension of future ac
commodations on the security of
other farm products. I think the
sum of money proposed will afford
a very considerable relief to agri
culture.”
Fresh Meat Prices
Reach Low Levels
During Past Week
CHICAGO, Dec. 11. —Wholesale
prices of fresh meat cuts, both beef
and pork, reached the low levels of
the pre-war period with the close of
business this week. Armour & Co.
announced today in a public state
ment. Beef prices, the last tq_ be
readjusted, declined to the lowest
levels of the year this week, says
the statement, which continues:
“Lower prices for live stock which
have resulted from declines in feed
stuffs and from excessive receipts
of stock in all markets have had
marked influence on the wholesale
selling prices of meats, resulting in
level of prices which are below the
prices that obtained April 1, 1917,
and also below the prices that
in 1914 in many instances.
“Fresh beef carcasses were offer
ed to the retail trade at prices that
averaged between fourteen and fif
teen cents a pound, a price almost as
low as in 1914. Light pork loins, the
price of which is the index of all
fresh pork cuts, sold for twenty-one
cents, as compared with the pre-war
price of 22 to 23 1-2 cents. Lard
was offered at six cents a pound un
der the price of April 1, 1917, which
was 20.37 cents. The average price
of sweet pickled and cured pork
products was seventeen cents this
morning, that being three cents un
der the price in April, 1917.
‘The market value of sides, 14 1-2
cents in the aggregate of ten gnades.
has dropped six cents a pound from
the normal price that existed in
1917 and at this time one cent a
pound lower than the price that ob
tained in 1912. Subnormal value of
by-products from cattle, of which
hdies is typical, have had a ten
dency to hold up the price of fresh
beef carcasses, and had the market
for the by-products held reasonably
stiff, the beef meat prices would
have effected further declines by this
time.”
January 8 to Mark
Centennial Anniversary
Os Indian Spring Treaty
January 8, 1921, will mark the
centennial anniversary of the Treaty
of Indian Spring, when one of the
last Indian cessions to the state of
Georgia was made. All the strip of
territory from Henry county to
Dougherty county, including the en
tire city of Atlanta, was annexed at
that time.
United States District Attorney
Hooper Alexander offered the sug
gestion Saturday that the civic or
ganizations of the city take steps
to celebrate the occasion with appro
priate exercises or ceremonies. Mr.
Alexander declared the celebration
could be made notable if the women
of the city would take charg’e of the
affair and complete the necessary
arrangements.
Mr. Alexander said he was heartily
in favor of a celebration, and de
clared he would be glad to communi
cate with all Atlantians interested,
ano co-operate in every way possible
toward the success of a program in
observance of the day.
Farmer-Labor Party
Asks Labor’s Support
CHICAGO, Dec. 11.—Organizers
for the Farmer-Labor party will ask
every international and local labor
union and every farmers’ organiza
tion in the country to join their
party, according to a decision reach
ed by the national committee in
session here today.
The committee decided to conduct
an energetic extension campaign.
“Our task is to serve labor and
the farmers by furthering their
political programs,” an announce
ment of the committee said. “We
invite the unions to join us in an
effort for united independent politi
cal action of the workers.”
TUESDAY, DECEMBER 14, 1920
Her Ready Smile Is Chief
Facial Characteristic of
Mrs. Muriel M’Swiney
BY ZOE BECKLEY
WASHINGTON, Dec. 11.—It is
hard to picture an ardent Sinn Fein
er, a veteran of many governmental
battles, and the survivor of one of
the bitterest ordeals the human
heart is ever called upon to bear, as
a slender, gentle blue-eyed girl of
twenty-two years, whose ready smile
is her chief facial characteristic.
Yet that is Mrs. Muriel Mac-
Swiney.
It is hard even to think of the
little lady mayoress as a mother —
so childlike is she in appearance.
It is hard to realize she is a col
lege woman.
It is hardest of all to imagine her
bearing up proudly as she did. while
her husband, Terrence, wasted to
death from his hunger strike to aid
the Irish cause.
Yet beneath her amazingly girlish
semblance, I am told, lies a very
deep seriousness and an intellect of
which any student of twice her age
might be proud.
Mrs. MacSwiney loves to talk'-of
her baby, Moira, two and a half, who
has been left with relatives in Cork.
As I stood near her. someone
showed her a button bearing a pho
tograph of herself and the baby.
She Reached for it eagerly.'
“Oh, let me look at that! It isn’t
bad, you know,” she remarked in her
soft voice, “but it doesn’t do the
baby justice. She’s a lot bigger now.
and so pretty and bright!.”
Her face lighted as she said it,
mother-pride fairly beaming from
her young blue eyes. For an in
stant she looked grave and almost
grown up.
But the next moment she was
smiling again and greeting visi
tors.
“The blood of martyrs flows in
her veins," Frank P. Walsh, who es
corted her. told me. “If she felt that
her own life’s sacrifice would serve
the cause of Irish freedom as she
feels her husband’s death served it.
she would not hesitate a second. She
has crossed the sea. without thought
of herself, to tell the story of Irish
hopes and bloody Irish tragedy.
“People often remark that Ter
rence MacSwiney could have been
more useful alive than dead. But
he knew better. And his little wife
knew better."
GridironClubDinner Made
Occasion of Post-Mortem
Os Presidential Election
WASHINGTON, Dec. 12.—The thir
ty-fifth annual dinner of the Gridiron
club was the occasion Saturday night
of a post-mortem on the presidential
election, the purpose being to give
the politicians and some qf the
statesmen present an opportunity to
see themselves as others saw them
during the campaign.
One of the episodes was a front
porch meeting at Marion, 0., set to
music, with such characters as Sena
tor Harding, Harry M. Daugherty,
former Senator Weeks, Al Jolson, W.
J Bryan and "Slush Fund Rumor”
participating. Mr. Daugherty stalk
ed the front porch in the role of
Koko, the lord high executioner,
while there was a rumpus when the
“Slush Fund Rumor” invaded the
Harding lawn. During the skis Will
H. Hays sang plaintively to the Re
publican /'-->aj ( jate a political parody
on “Then You’ll Remember Me,” only
Mr. Hays’ request was, “So please
remember me.”
In another episode a ■ 1 gazer,
rer l ing the political future, saw
President Harding sending the
League of Nations to the alien prop
erty custodian. The gazer also an
nounced that the crystal revealed
President Harding receiving from
Samuel Gompers the key to the back
door of the- White House and re
turning it with a note saying:
Gomper’a White House Key
/’May I not, my dear Mr. Gom
pers, ask you to keep this key as a
souvenir? I have changed the lock.”
", ' seer revealed that Haijding
was at work on a message to con
gress. He said he could not give
the text. as; i inquirer that
“the style will not cause any intel
lectual inconvenience.”
The crystal gazer also found for
mer -'nator J. Hamilton Lewis ap
plying for the job of publicity di
rector under Harding, but his serv
ices were declined.
Mark Anthony Hitchcock delivered
his famous oration over the body of
the league covenant following close
ly a historic model. He exnlained
that he came to bury the covenant,
not to praise him.
Meeting of Best Minds
Another extension of the post-mor
tem to the fields of prophecy was a
meeting of the “best minds” at Mar
ion in conference with President
elect Hardin- hey included Col
onely George Harvey, former Presi
dent Taft, Senators Borah, Johnson,
Knox, Lodge, LaFollette and Reed,
Major General Leonard Wood, Gov
ernor Lowden, Samuel Gompers. Her
bert Hoover and Elihu Root. They
appeared dressed as school boys and
Colonel I "vey insisted on being the
“master nd” because he was the
author of the “conspiracy” that
elec*' ’-ding.
among the interested wit
nesses to the post-mortem, were Vice
President Marshall, to whom the
club presented a large silver grid
iron as a token of its regard. A sim
il gridiron was sent to the White
House as a gift to President Wilson,
who was unable to attend the din
ner.
Besides the vice president, the
ate and the house of representatives,
guests included Attorney General
Palmer, Secretary Daniels, Secretary
Meredith, Secretary Payne, Postmas
ter General Burleson, Sir Auckland
Geddes, the British ambassador;
Jules J. Jusserand, the French am
bassador; Augusto Alencar, the Bra
zilian ambassador; Associate Justice
Mcßeynolds, of the supreme court:
General Pershing, Major General Le-
June and many members of the sen-
Five Prisoners Saw
Way to Freedom
In Campbell County
IFAIRBURN, Ga., Dec. 11.—Five
prisoners escaped from the Campbell
county jail shortly before 5 o'clock
this afternoon, and although track
dogs have been placed in pursuit, all
of them are still at liberty.
Two white men. H. H. Howard and
D. O. Dorsey, and three negroes.
Isaiah Smith. Will Evans and Frank
Chessley, compose the quintet mak
ing their escape. The prisoners were
allowed to walk about in the corri- I
dor on the first floor of the jail. This I
is the usual custom during the day. I
all prisoners being locked in their !
cells at night. !
In some manner unknown to Shes- '
iff G. E Jenkins, the men secured
saws with which they cut the bars
on one of the windows and shortly
before time to return to their cells. •
they made their break for liberty.
Hqward and Dorsev were to have
been taken to the Campbell county
convict camp on Monday. Howard
was under sentence for forgery,
while Dorsey had been sentenced for
making liquor. The three negroes
were waiting trial on misdemeanor
charges.
The five men were seen running
from the jail and last accounts indi- i
cated that they were making .their
way in the direction of Fayetteville.
MW.MUWZL
SCHWAB TAKES
HOPEFUL VIEW OF
PRESENT OUTLOOK
NEW YORK, Dec. 11. —The exist
ing slump in business is only the
natural transition of industries re
turning to a normal basis from the
speeding up of production made nec
essary by the war, declared Charles
M. Schwab, chairman of the board
of directors of the Bethlehem Steel
Corporation, in an address here to
night at the annual dinner of the
Pennsylvania Society.
“I want to go on record here,”
said Mr. Schwab, “as saying nothing
could be healthier for American bus
ness than the very condition through
which we are now passing. The
severer the storm now, the quicker
It will be over and -the sooner we
can emerge into clear weather and
shape our course upon the sea of
prosperity.”
Commenting upon the status of un
employed Mr. Schwab
stated that "the great need of the
world 'today is to work hard and
save.” This, he said, applies to men
of means well as workingmen
The man who fails to work was char
acterized as a “slacker” who “de
serves no place among honorable
men.”
The fo’eign trade of the United
States depends upon the power of
business men to think “international
ly,” Mr. Schwab said in advocating
the plan of trusting in the good faith
and productive power of Europe by
sending raw materials, and accepting
in payment securities representing
their productive activities.
During the last two years, Mr.
Schwab said, there has been the
smallest annual production in this
country than at any 4 time since 1913.
He declared efficient production was
the only guarantee of employment
and higher wages.
“Never in our life time,” said the
speaker, “have the shelves of the
world been so bare. At the moment,
our export trade hangs by a slender
thread. We are rapidly getting into
a position where the whole world
owes us money and yet cannot pay
“We are getting relieved of the
impurities in our business life. The
ptocess is not complete yet. But the
patient will in time be cured and
when he is cured the great body of
American business will emerge with
a vigor and an energy the world has
never known before.”
Mr. Schwab made a plea for econ
omy in government, demanding “the
same degree of efficiency in, govern
ment as we require in private bus
iness.” Immediate revision of tax
ation also was urged by Mr, Schwab
as a means for promoting national
prosperity.
Vice Governor Platt,
Reserve Board, Favors
Lending Fanners Profits
WASHINGTON. Dec. 11. —The
proposal to use profits of the fed
eral reserve board for loans to aid
farmers and live stock men was ap
proved today by Edmund Platt, vice
governor of the federal reserve
board.
Mr. Platt approved tha bill of
Represntative Young. North Dakota,
providing for the transfer of the
$100,000,00) in profits of the reserve
board, to the farm loan banks, which
would be authorized to accept agri
cultural paper of banks. This qaper
would run two years with the in
terest rate limited to 6 per cent.
Coincident with the arrival of Mr.
Platt's letter at the house,, Senator
Sterling introduced in the senate a
bill similar to Representative
Young’s.
The senate, however, resumed con
sideration of the resolution to revive
the war finance corporation, another
measure proposed as an aid to farm
ers. Supporters of the resolution
hoped to get it passed today.
Mr. Young’s bill, Mr. Platt said,
permits the secretary of the treas
ury to deposit in the federal land
banks in each of the years 1921 and
1922, $50,000,000 of the profits of the
federal reservq system, to be used to
rediscount the notes held in banks
based on live stock securtiy. and
these notes may be for terms as Ion?
as two years.
Straight Advice
Visitor—“l would like some-books on il
:oniination.”
Librarian —“Electric or gas!’’
Visitor—“l don't know; my doctor eays
some light reading.”
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