Cotton Exchange Inquiry Sees Criticism of Operations
New York March 14 Chief Magistrate Me oo criticized methods of operation at the Cotton Exchange during a John Doe inquiry. Former Judge Z V im testified about open-market practices and petitioned measures to curb speculation, while Graham denied detailed knowledge of exchange workings.
MENTIONED IN THIS ARTICLE
York
Ie Cotton Exchange
John Doe
Meoo
York Cotton Exchange
American Exchange
Newik Exchange
Bonus Bill Wins Vote In House Ways And Means
Washington March 14 A favorable report on the long controversy soldiers bonus bill ordered today by the House Ways and Means Committee by a vote of 19 to 5 Chairman Fordney plans to submit his formal report tomorrow or Thursday but time of calling up the measure would not be fixed until after the return of Speaker Gillett who is in Florida with President Harding Fordney said he did not expect Gillett to bring any message on the bonus from the Executive and that the conference with the Speaker would cover calling up the bill next Monday under suspension of the rules The committee vote followed two hours of questioning of Mellon Crissinger and Harding on the bank loan adjusted Certificate plan An amendment to impose a three year 1 percent tax to raise 500000000 to finance the bonus was rejected 19 to 6 Another amendment allowing rediscount of original loans on certificates by banks was adopted with Governor Harding objecting to rediscounting by Federal Reserve banks noting its unfavorable economic effect
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means Committee
Fordney
Gillett
Florida
Harding
Mellon
Crissinger
Federal Reserve Board
Bacharach
Republican
New Jersey
Herding
Federal Reserve
Mrs Joy F Gibert Rites Held At Lebanon
Mrs Joy F Gibert died at her Calhoun Falls home after 10 pm Thursday. She was buried at Lebanon at 4 pm today. Funeral services by Rev J B Hilhouse. She was about 48, survived by husband three children and three sisters. Abbeville relatives attended.
MENTIONED IN THIS ARTICLE
Joy F. Gibert
Calhoun Falls
Lebanon
J. B. Hilhouse
Gibert
Abbeville
Effie"Watson
Carrie Mary
Archie
Joe
Bert’ Evans
George Shelor
Mark Heynolds, Jr
Sumter
Bert Evans
Death of Mrs Milay Jane McMahan at Antreville
Mrs Milay Jane McMahan died at her Antreville home on Monday at age eighty three and was buried Tuesday at Rocky River. The Rev Clayton Hampton and Rev W A Duckworth conducted services. She leaves three sons G T McMahan W P McMahan A P McMahan of Belton and two daughters Mrs J C Campbell and Mrs W T Patterson of Antreville along with twenty two grandchildren and nine great grandchildren. An Eskimo witness described honesty findings and alleged plots involving the New York and New Orleans Cotton Exchanges against the American Cotton Exchange, with the hearing resuming tomorrow.
MENTIONED IN THIS ARTICLE
Milay Jane McMahan
Antreville
Rocky River
Clayton Hampton
W. A. Duckworth
McMahan
G. T. McMahan
W. P. McMahan
A. P. McMahan
Belton
J. C. Campbell
W. T. Patterson
Moorefield Resigns As State Highway Engineer Temporarily
Columbia report details consent to suspend Charles H. Moorefield's resignation temporarily amid routine matters. Commission accepts resignation. Heaton protests, Moorefield to remain in position for now. Also notes federal aid talks, road plans, vehicle registrations, and February construction figures through March 13.
MENTIONED IN THIS ARTICLE
Columbia
Charles H. Moorefield
State Highway Commission
General Assembly
Moorefield
Cooper
Charles O. Heaton
Spartanburg
Anderson
McCormick County
Lowndesville
Latimer
Calhoun Falls
Iva
Anderson County
Atbeville
Pass Numbers of Acts Enacted in 1922 Session
Columbia reports 483 acts and joint resolutions passed by the two houses in the 1922 session, up from 435 in 1921. Most were local in effect, with about 40 to 50 statewide in application.
MENTIONED IN THIS ARTICLE
Columbia
General Assembly
Peach blossom festival draws 20000 to Fort Valley event
In Fort Valley Georgia on March 14 a peach blossom festival drew about 20 000 attendees as part of a new annual custom. An earlier procession and related events showcased the Peach Belt center’s history and industry while a separate automobile wreck near Fort Pickens left Prank Hodges Ed Milford shaken but unharmed.
MENTIONED IN THIS ARTICLE
Hodges
Ed Milford
Fort Pickens
Fort Valley
Georgia
Wheat Was King Of Exports In 1921
Washington reports analysis by the agricultural department shows 1921 saw record wheat exports and the first time wheat and wheat flour export value surpassed cotton. Corn exports reached new highs since 1900. rice exports surged to 800 million pounds, over twenty three times the 1910-14 average. Wheat led with 297,949,000 bushels valued at 432,920,000, while cotton and corn followed with substantial values in 1921.
MENTIONED IN THIS ARTICLE
Washington
United States
Agricultural Department
Big loans for agriculture dominate week patterns
Washington March 14 During the week ending last Saturday night the War Ansace corporation approved 288 advances aggregating 5 427 000 for agricultural purposes announced today Today the corporation approved 91 advances aggregating 2 504 000 The figures show a busy lending slate for farming interests with substantial credit extended in both weeks to support agricultural needs across regions.
MENTIONED IN THIS ARTICLE
Washington
War Ansace Corporation
General coal strike likely by April first
Washington on March 14 Secretary of Labor Davis and John L. Lewis president of the United Mine Workers of America announced after a lengthy conference that a general strike in the bituminous coal industry on or about April 1 is inevitable following a dispute between miners and operators.
MENTIONED IN THIS ARTICLE
Washington
Davis
John L. Lewis
United Mine Workers of America
Mr Blanchett Improves After Minor Hospital Operation
Mr Prue Blanchett of South Main Street underwent a slight operation at the hospital on Sunday night. He is reported to be doing fine today.
MENTIONED IN THIS ARTICLE
Prue Blanchett
South Main Street
Cotton consumption and stocks in February report
The census bureau shows February cotton use at 478,073 bales of lint and 38,509 bales of linters, higher than last February. On February 28, consuming establishments held 1,596,582 bales of lint and 177,472 linters, with public storage and compresses at 4,221,830 lint bales and 122,645 linters. imports reached 54,761 bales and exports 888,440 bales. Cotton spindles active numbered 93,797,329. Statistics for cotton states show 303,156 bales consumed, on hand 798,445, and spindles active 15,673,771.
MENTIONED IN THIS ARTICLE
Washington
Mar
Census Bureau
Investigation Proposed on Fertilizer Price Rise in District
Washington reports the Department of Justice will investigate claims of a fertilizer price increase across Blackville and other districts. Congressman James F. Byrnes pressed for action and was later informed an investigator will be sent to verify if a conspiracy exists and if government action is warranted.
MENTIONED IN THIS ARTICLE
Washington
Department of Justice
Blackville
James F. Byrnes
Daugherty
Death of E L Wilson at Grainridge homestead
Edward Lindsay Wilson, youngest child of the late Mr and Mrs William Wilson, died Tuesday night March 14 at the Grainridge home stead after a brief illness. He was about 45. Survived by Emma Sallis Wilson Grainridge John A Wilson Frank W Wilson Samuel L Wilson and Thos E Wilson Grainridge George Wilson Warrenton and Wm D Wilson Abbeville. Burial set for Long Cane cemetery Thursday at 11 o'clock.
MENTIONED IN THIS ARTICLE
Edward Lindsay Wilson
Wiliam Wilson
Wilson Homestead
Grainridge
Mr. Wilson
Emma and
Sallis Wilson
Grain ‘Ridge
John A. Wilson
Frank W. Wilson
Watts
Samuel L. Wilson
Thos. E. Wilson
Officers Raid Near Greenwood Ring for Still
Deputies T. D. Ferguson and B. Prince and revenue officer M. L. Wright went out this morning to seize a still near Greenwood ring in Miller's Gin area. They found where a still had been operated but the trail was cold and no arrests were made.
MENTIONED IN THIS ARTICLE
T. D. Ferguson
B. Prince
M. L. Wright
Greenwood Ring
Miller's Gin
Joom
Supreme Court Rules State Railroads Fall Outside ICC Power
The Supreme Court held the Interstate Commerce Commission lacked authority to compel the abandonment of strictly state railroads. The Texas Eastern case centered on a railroad operating entirely within Texas. the court said such lines affect only intrastate commerce and do not burden interstate traffic. Justice Van Devanter stated Congress intends the ICC to regulate interstate and foreign commerce and only incidentally affect state commerce.
MENTIONED IN THIS ARTICLE
Washington
Interstate Commerce Commission
Supreme Court
State of Texas
Eastern Texas Railroad Company
Eastern Texas Railroad
van Devanter
Congress
Boy awarded 100000 in Atlanta street car case
In Atlanta March 14 Cliff Walraven a 14 year old boy won $100000 damages from the Georgia Railway and Power company in Fulton county superior court Judge W D Ellis branch after a 20 minute jury deliberation for injuries suffered in a street car accident.
MENTIONED IN THIS ARTICLE
Joy
Atlanta
Cliff Walraven
W. D. Ellis
Fulton County Superior Court
Theorgia Railway and Power Company
Cotton Market Price in Abbeville Today
Cotton brought 18 cents in Abbeville today according to local market reports.
MENTIONED IN THIS ARTICLE
Abbeville
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Oton Trad
Jdge Graham
Imony
Z. Vim
Mses
Mrr
Graham
Evi
Bby
Bates
Mag- McAdoo
Ries
Southern
New York
New Orleans
Hgnge
United Tes Treasury Department
New
Meintar Postd
Sever Basen
Exchange
Exhe
Joe F, Gibert
M. J. McEmahan
New York Cotton Exchange
New Orleans Cotton Exchange
American Cotton Exchange
Highway Commission
Highway Department
MR. Blanchett
Costa
E. L. Wilson