Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-12-06
Scraps aud faets.

section has been devised by local off,
cials Of the Farmers Union and will
be put into practice at once. The plan
Is for the farmers who desire to borrow
money on their cotton without relin-
gushing the title to it to place the sta
pie in the local warehouse as collateral,
on which the warehouse will issue
notes Of hand, or what is popularity
termed scrip" to the extent Of cents
per pound. Practically all Of the mer-
chants doing business in the city have
agreed to accept the scrip at face value
and several Of the banks have agreed
to take 1t as payment for notes held
against merchants. The new plan has
the entire approval of officials Of the
Farmers Union Of Alabama.
Queenstown, December 5: The
Cunard liner Mauretania passed Daunts
Rocks at 5.49 p. m. today, establish
ing a new east-bound. transatlantic
record. Her time for the voyage from
Sandy Hook, four days, % hours and
30 minutes, beats the best time of her
sister ship. the Lusitania, by 81 min
utes. The distance covered was 2,s07
nautical miles. The Mauretania passed
Sandy Hook lightship at 2.25 p. m.
Saturday, running 400 knots up to noon
on Sunday. The day runs thereafter
were as follows: 54S, 535, 556, 554, and
from noon today until the passage Of
Daunts Rocks at 124 knots, the average
for the voyage being $3.50. The vessel
behaved splendidly In the fresh gale
and high flowing sea which she en-
countered on Monday, and which con-
tinued until Wednesday night. Some
delay was Caused by hazy weather on
the second and 'hfth.
The Washington jury In the case
Of Mrs. Annie NJ. Bradley, charged with
murder Of former United States Sem
ator Brown of Utah, in Washington, on
December 9Th last year, on last Tues
day morning brought in verdict Of
not guilty. The jury reached the
court room at 1908. When the court
asked them If they had reached ver-
dict the foreman answered.: 1--WE have"
What is your verdict, gentlemen?
Not guilty" No demonstration Of ap-
plause followed the announcement Of
the verdict. Mrs. Bradley was imme-
diately discharged from custody and
left the court house following an ova-
tion. She will leave in a few days for
Goldfield, Nevada. Throughout its
deliberation the jury practically stood
at IL to l for acquittal until the final
ballot, when the lone juror, who was
holding out for some form Of punish
ment, gave in and the verdict Of ac-
quittal was agreed on.
The newly appointed house COM
mittee on banking and currency held
its first meeting last Wednesday,
spending two and, one-half hours in
discussing the currency question In
several Of its phases. At the conclu-
sion Of the meeting several members
stated that as result Of the confer
ence the members Of the committee
were now nearer together than they
ever have been before, Notwithstanding
the same men-with exception Of three
composed the committee during the
Fifty-ninth congress. The only def
mite action taken at this initial meet
ing was the authorizing Of the chair to
appoint q subcommittee Of five to
draft and submit a currency bill to
correct the present financial situation.
There will be no hearings before the
finished its task and the completed
draft Is in the hands of the chairman.
The recurrence Of two phases Of cur
rency discussion marked the confer
ence. They were: The creation Of
elasticity in the currency and the dis
position Of reserve balances in national
banks. The committee was apparently
agreed that 1t will sanction no move to
increase the bulk Of paper money, but
will confine itself to the consideration
of the best means Of injecting elastic
ity. The plan Of providing for the is
suance of national bank credit notes,
which can be instantly drawn into cir
culation when general conditions re-
quire an increased currency and re-
tirement as promptly when the need
has passed, was presented and dis
cussed at some length. The view was
strongly urged that the laws should be
changed so as to prevent the absorption
of reserve moneys in national banks by
banks in reserve cities. National banks
are required to hold in reserve cities
three -fifths Of their reserve capital
and it was pointed out that under this
requirement country banks have to
send this reserve portion to the near
est designated reserve city, whose
banks II was asserted loan it out and
in time Of sudden emergency find
themselves unable to respond to the
call Of the country banks for return OF
the deposits. Several members OF the
committee expressed the opinion that
the loaning Of reserve funds should be
checked by legislation.
Columbia State, December 4: The
Methodist Of the state stood aghast
Yesterday when they read the list Of
appointments made by Bishop Morri-
SON II had been expected that he would
turn things upside down, but no such
displacement and displacing was eX-
pected as he has made. The clergy
men, many of them, are heartSick, but
cheerful yet in their ways. The lay
members Of the denominations are re-
belliouS in spirit but Will go 10 WORK
to make the road all the more easy to
be travelled by the weary itinerants.
There are several Methodist preachers
in Columbia. They returned from con-
ference yesterday and there were many
visiting preachers here also. They
were almost unanimous in saying that
Bishop Morrison had acted in an arbi-
trary manner and had disregarded his
cabinet entirely. One very conserva-
tive Methodist itinerant. or usually he
is conservative, but yesterday he spoke
plainly, said 1t would be ten years be-
fore the Methodist ministry of the
state could recover from this handing
out of assignments. Fit men had been
removed from positions Of trust and
men who have not the qualifications
had been placed in their places. The
denomination has suffered in the ex-
change. Bishop Morrison's reputation
had preceded him, but no such radical
action was dreamed Of as that which
he has taken. He stirred up the west
.ern North Carolina conference last
week and II was thought that he would
handle the South Carolina conference
vigorously-but he exceeded all eXpec-
tations along this line. There are 235
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