Atlanta tri-weekly journal. (Atlanta, GA.) 1920-19??, December 14, 1920, Page 3, Image 3

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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.” I ASPIRIN Z i B Vaine on Genuine I/ A \ feAVim ... Warning! Unless you see the name "Bayer” on package or on tablets you are not getting genuine Aspirin pre scribed by physicians for twenty-on® years and proved safe by millions. Take Aspirin only as told in th® Bayer package for Colds, Headache, Neuralgia, Rheumatism, Earache, Toothache. Lumbago and for Pain. Handy tin boxes of twelve Bayer Tablets of Aspirin cost few cents. Druggists also sell larger packages. 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