Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1912-12-24
Scraps aud faets.

Deen BInneu prior W rrludyJ OSSSIu-
Der 13, to which date during the
past seven years the ginning averaged
o. per cenc OF the entire crop. Last
year to December 13, there had been
glnned 13,770,727 bales or SS.5 per
cent of the entire crop; in 1905 to that
Lale, l,ov4,zoJ bales or 81, per cent
and in 1906 to that date 11.112,7Ss
bales or S5.6 per cent. Included In
the ginnings were 1919 round bales,
compared with 92,790 bales last year,
106,4S6 bales in 1910, 10000 bales
in 1909 and 2l5,059 bales in 1908.
The number OF Sea Island cotton
bales incluaed were 5S,S04 compared
with 9S,035 bales last year, S5,177
bales in 1909, and SO,S16 bales In
1908.
The story of how Crown Prince
Alexander, Of Servia, was rescued
from death in the Alpine SHOWS last
winter while training himself for SER
vice with the army in the field,
had just been made known by the alb
bot of the st. Bernard monastery,
saws a dispatch from Geneva, Swift
zerland. The monk and the dogs were
on watch on the st. Bernard pass as
usual on bad nights when one OF the
dogs discovered two men overcome
in the snow and half buried by the
drifting flakes. The men were taken
to the monastery and restored to
consciousness, when they told the
monks they were Prince Alexander
and his adjutant, Servian captain.
The prince, in explaining his singular
position to the abbot. said that he be-
ing a soldier and expecting early ser
vice in the field, desired to harden his
body with exposure under difficult cir
cumstances and had, therefore, under
taken climbing excursions In the Alps.
The abbot received lately letter
from the prince. written in camp, say
ing that he and his adjutant were in
good health.
President Taft at the White
House last Thursday strongly encour-
aged the back to the country move
ment, in an address 10 delegation OF
boys who participated in the Ohio
corn growing contest. The president
spoke of the work the boys were
engaged in as being Of the highest
importance to all Of u.s." and urged
them to remain on the farms ana
pursue agriculture as profession.
1--WE are bound to increase the yield
per acre of the land in this country
In order to keep up with the growing
population" the president told the
boys. 1.-The farmers are becoming
more and more important to US as an
element in the community, especially
In view of the fact that so many
farmers, or farmers sons, are leaving
the country and going to the city.
II anything l can say Will prompt
you to remain in the country and pur-
sue agriculture for profession. l
am glad to say it" In his address,
the president went into detail con-
cerning the history of the White
House from the time it was first built
down to the present day. II can rec
ommend the house as a very fine one
to live in," said the president to the
boys, land / commend 1t to all the
boys as a reasonable goal OF their am
bition."
- Little Rock, Ark, December 2:
Characterizing the Arkansas peniten-
tiary under the lease system as "a
burning, seething hell, consuming hu-
man beings" who are being fed into 1t
in a manner that results in nothing but
making fortunes for contractors,
Gov. Geo. w. Donaghey today issued
a lengthy statement in defense OF his
action last Monday, in issuing pardons
to 316 state convicts. Sharp criu-
cism of the governors action from
stale officials and citizens had pre-
viously drawn from the executive the
statement that all those who oppose
the abolition "of the inhuman con-
vict system which we now have In
Arkansas are, in my opinion, bound
in the direction OF that place spoken
of by Gov. Blease in connection with
the constitution of his state and 1t Is
my belief they are going to land, In
spite of every act of mine to prevent
them from doing So" Criticism OF
the governors course resulted In
another statement today. According
to a newspaper compilation based
on the state records, 43 Of those par
doned by Gov. Donaghey were con-
Victed of murder or manslaughter;
Ill of grand larceny; four OF assault;
five of robbery; II Of forgery; 81 OF
burglary; 26 Of assault to kill, and 66
of crimes ranging from hog stealing
to bigamy.
Why farmers and small town
merchants are compelled to pay hlgn
rates tor money when they need II,
was toad in Washington last week al
the money trust hearing py ); ID.
Griesel Of Griesel & Rogers or New
York. He was asked: What would
be the result Of fixing a rate Of in.er-
est on money on the New York Stock
Exchange" why, it would keep the
money at home in the country banks,
he answered. Mr.. GreiSel said that he
frequently lent 20 to 25 million dol
lars q day on the stock exchange.
This was money sent 10 New York py
country banks which thus disposed OF
their surplus cash in order to maintain
interest rates at home. With a nix
ed rate of interest on the stock ex-
change this country money would not
be sent to New York, and the coun-
try banks, in order to find pront-
able outlet for 1t at home, would be
forced to reduce their rates on loans
Mr.. Griesel testified as to methods OF
operation of the New York stock ex-
change. He said the lenders of mon
ey on the exchange did not begin or
dinarily until about IL o'clock, some
times at 1890 o'clock, If the market
"3 IL or 4 million dollars is lent
within fifteen or twenty minutes, this
volume of transactions serving as
basis for ra,es on renewa! of loans.
/ have lent sometimes 20 or 20 mil
lion dollars on a single day and bor-
rowed perhaps Is million dollars on
single day. I have lent as high as SO
million dollars. I represent the bor-
rover rather than the lender and OF
course l get the benefit Of the trans
actions" c. w. Turner, loan broker
TOr the NdIlOLdl SlSy p1uA, ooLO Ia :
the bank he represents never charged
more than per cent on loans no
matter what the rate on call money
might be on the exchange. What
would be the result If all banks did
that?" asked Mr.. Untermyer. Why,
money woud not be attracted to New
York" answered Mr.. Turner. He said
that one day recently, when money
was 20 per cent, he lent for the ac-
count of the National City bank 3
million dollars at 6 per cent. He de-
scribed the general method of MAX
ing loans on the floor Of the exchange
and said that the total daily loans on
the exchange would amount to more
than 40 million Of so million dollars.
He said, however, that was merely an
estimate.
Hendersonville, n. c., December
20: The french Broad Hustler and
the Western North Carolina Times.
two weekly publications published
in Hendersonville, were up in the
air" yesterday in ordinary street par
lance but in the yernacular of Uncle