Federal Reserve Tests Domestic Cotton Acceptances in New Orleans
The federal reserve board plans a test at the New Orleans branch permitting purchase of domestic acceptances backed by cotton stored in markets. If successful, Congress may amend the National Bank Act to allow national banks to deal in such acceptances. The move aims to stabilize cotton, aided by New Orleans warehousing, expecting a 4 percent rate and broader South impact. The report also notes a looming political battle over rural route automation under Postmaster General Burleson, with Congress wary of local distortions from Washington planning.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
United States
Europe
World Finance
New Orleans
Reserve Board
Congress
National Bank
South
Louisiana
Burleson
Department of
Post Office Department
Steten
The
Roar
News and Courier
Milford & Co. Fails as Bankrupt Business Wound Up
C A Milford & Co an incorporated drug firm files a voluntary bankruptcy petition. Judge Johnson in Greenville adjudges the company bankrupt. Debts run about 18000 with nominal assets around 25000. Dr C A Milford heads the company. stockholders include Geo Penney J R Devlin and Dr J R Power.
MENTIONED IN THIS ARTICLE
C. A. Milford & Co
Bas
Johnson
Greenville
A. Milford
Messrs
Geo. Penney
J. R. Devlin
J. R. Power
Chinese Ready for Revolution in Yuan Shi Kai Revolt
A Chinese revolutionary group called the punitive expedition against Yuan Shi Kai aims to uphold the republic. Tong King Chong of the Chinese Kung Tong reports revolts in Yunnan and other provinces, with troops reportedly siding with rebels.
MENTIONED IN THIS ARTICLE
San Francisco
Yuan Shi Kai
China
Tong King Chong
Chinese Kung Tong
Chinese Republic Association
Shanghai
Yunnan
Kwei Chau
Kingnse
Hupebh
Hupeh
Kwangtung
Court convicts Pete Hamilton for criminal assault
Pickens December 27 special term of court sentences Pete Hamilton a colored man to electrocution on February 1916 for assaulting a prominent county lady. Judge T. J. Muul presided as the case is resolved with a death penalty verdict.
MENTIONED IN THIS ARTICLE
Pickens
Pete Hamilton
T. J. Muulin
Frick Pays Off Pittsburg Bank Savings Deposits
H C Frick, Pittsburgh coal magnate, pledged to pay in full the 167136.68 in cash to 41000 child depositors of the Pittsburgh Bank for Savings, which was closed by the State banking department. Payment likely by January 3. The fund grew through a school savings program run by the city board of education.
MENTIONED IN THIS ARTICLE
Pittsburg
H. C. Frick
Pittsburgh Bank For Savings
State Department of Banking
City Board of Education
Frick
New York
H. E. McEldoway
Bryan Holds Back For Ford Arrival
New York reports that William Jennings Bryan considered joining Henry Ford in Europe but postponed his trip as Ford plans to return to the United States. Bryan had booked passage on the Rotterdam but telegraphed he would delay. Copenhagen notes Gov. Hanna of North Dakota, a Ford peace party member, arrived ill with influenza and was hospitalized. The American legation and Dr Maurice Egan attended him as visitors sent flowers. Never do anything disagreeable today that you can put off until tomorrow.
MENTIONED IN THIS ARTICLE
New York
William Jennings Bryan
Henry Ford
Europe
Mr. Ford
Mr. Bryan
Mrs. Bryan
Rotterdam
Bryan
Copenhagen
le B. Hanna
North Dakota
Ford Peace Party
St. Joseph's Hospital
Maurice Egan
England Halts at Cross Roads in Derby Recruiting Debate
London cabinet council expected to decide whether Derby scheme justifies continuing voluntary recruitment or requires conscription. Times reports unity in cabinet may crumble with anti conscription ministers resigning and a potential general election on the issue. The Times military correspondent urges disclosure of army deficits to drive a decisive parliamentary stance. Allies reportedly outnumber the central powers by about six to one in available manpower after strategic gains.
MENTIONED IN THIS ARTICLE
London
Cabinet
Derby
David Lloyd-George
Times
The
House of Commons
Fraer
Cotton Mills to Rise in Tien Tsin China
Two modern cotton mills will be established in Tien Tsin China with a capacity of twenty five thousand spindles. Orders totaling nine hundred thousand dollars for machinery have been placed with a Boston firm for the project.
MENTIONED IN THIS ARTICLE
Tien Tsin
China
Henry Ford Returns Home From Peace Mission
Henry Ford sails from Bergen aboard the Norwegian liner with Rev. Samuel Marquis on board. He confirms peace expedition continues under Women's International Peace Association auspices. A leadership committee including Judge Ben Lindsey and Jenkin Lloyd Jones will guide the effort.
MENTIONED IN THIS ARTICLE
Christiana
Norway
London
Bergenefjord
Henry Ford
New York
Ford
Bergen
Women’s International Peace Association
Samuel Marquis
St. Paul's Cathedral
Detroit
Sct
Ben Lindsey
Denver
Jenkin Lloyd Jones
Chicago
John Barry
San Francisco
Andrew J. Bethea
South Carolina
Louis P. Lochner
Ford Peace Party Seem To Be At Sea
Stockholm December 26 members of the Ford peace expedition have held meetings to arouse a peace sentiment in Sweden. The Swedish Peace and Arbitration League cannot officially recognize the expedition due to lack of official US backing. The party plans to leave Stockholm for Copenhagen and then sail to The Hague by sea, with the session ending around January 7 and most members returning to the United States.
MENTIONED IN THIS ARTICLE
Stockholm
Loos
Ford
Sweden
Swedish Peace and Arbitration League
America
Foru
United States
Copenhagen
Hague
Germany
Denmark
Government Names Auditor and Local Appointments
Governor Manning appoints C. M. McCurry as Florence County auditor succeeding the late H. L. Carr. J Stokes Sally becomes solicitor of the first circuit, replacing the deceased P. T. Hildebrand. Major Goethals visits Edgefield during Christmas. additional notes report wartime Christmas observances and public health concerns across several cities.
MENTIONED IN THIS ARTICLE
Manning
C. M. McCurry
Florence County
H. L. Carr
Goethals
Panama Canal Zone
South Carolina
Edgefield
J. Stokes Sally
Orangeburg
First Circuit
P. T. Hildebrand
Wilson to push defense bills after holidays
Hot Springs Virginia December 26 President Wilson plans to urge Congress to focus on the administration national defense program once holidays end while delaying broader preparedness debates He aims to clear calendars for later winter legislation and let army and navy bills move promptly Also notes snow covering the ground and a birthday cake with 69 candles for the president while in Pass Christian volunteers honor his aid to a fire crew and invite him to join their honorary membership
MENTIONED IN THIS ARTICLE
Hot Springs
Congress
Wilson
Army
Navy
War and Navy
Marquis and Marchioness of
Aberdeen
Barton French
Red Cross
France
Pass Christian
Miss
Pasa Christian Organization
Four Allies Ships Destroyed in Submarine Attack
London reports Lloyds list French steamer Ville de La Ciotat 6390 tons with eighty lives lost, British steamer Yeddo with crew saved, Cottingham with seven saved, Minister Beernaert with seven saved, plus a death toll including a woman first class passenger and two children. Submarine nationality unknown. Geneva notes Kaiser health crisis with throat trouble, operation planned. Crown Prince expected soon.
MENTIONED IN THIS ARTICLE
London
Lloyds
Ville de la Ciotat
Yeddo
Cottingham
Beernaert
Keblinger
Community Christmas Tree Postponed by Bad Weather
Severe weather forces the community Christmas tree event to be postponed from Christmas night to Monday. A ladies committee decorated the tree on Monday. lights came on at 6:30 pm as crowds gathered on the public square. Church choirs performed from the Court House portico led by Miss Long of Due West, and children were served oranges. Abbeville notes the event as a first and a model for future celebrations.
MENTIONED IN THIS ARTICLE
Court House
Miss Long
Due West
Abbeville
Japan may enter into World War
Washington reports that the Japanese liner Yaskago Maru was torpedoed and sunk in the Mediterranean last Tuesday by an unseen submarine. 382 survivors were rescued at Port Said, including American W. J. Leigh. The United States weighs diplomatic protests and possible actions against the sinking of non combatant ships without warning.
MENTIONED IN THIS ARTICLE
Washington
Bristow
Mediterranean
Lansing
Port Said
W. J. Leigh
State Department
United States
Japan
Demoralized Russians Reported by German Agency
Berlin dispatch cites Caucasus reports via Constantinople saying Russia's army is demoralized by cold hunger cholera typhoid and poor equipment. Poles from occupied areas desert or seek to return home as German forces advance.
MENTIONED IN THIS ARTICLE
Berlin
Caucasus
Constantinople
Oversess
Storm Ravages New York and New England Area
Northern and eastern New York and New England recover from yesterday’s storm. Rain snow sleet and thunder ended with a gale causing damaged wires and trees and unrooted houses. Trains disrupted. Eight deaths attributed. New England worst affected with building and vessel damage. Wind reached ninety miles an hour.
MENTIONED IN THIS ARTICLE
New York
New England
Kiana
York
Inventions for the Maimed
Berlin faces a growing need from war maimed men as inventors and firms prepare specialized aids. A Berlin jewelry catalogue offers a section for one armed users with adaptations such as a fork knife, modified forks, a meat mincer, and a rack to hold and shuffle cards for card players.
MENTIONED IN THIS ARTICLE
Berlin
Germany
Parker creditors ask for bankruptcy
In Greenville on December 27 an involuntary bankruptcy petition was filed against former mill president Lewis W. Parker by creditors Haynsworth Haynsworth Hampton Cotton Mills Victor Manufacturing Parker Cotton Mills. Liabilities are estimated near 500000 dollars with assets amount unknown.
MENTIONED IN THIS ARTICLE
Greenville
Haynsworth & Haynsworth
Lewis W. Parker
Hampton Cotton Mills Company
Victor Manufacturing Company
Parker Cotton Mills Company
Parker
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Lloyd M. Bingham
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Texas
Bureau of Vital Statistics
Richland
Horry County
Camden
N. J
Philadelphia
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Geneva
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