Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1913-07-11

National. r,. a,
When Napoleon started the Bank
of France 1t had s6,0O0,0Oo capital-ex-
actly. the sum with which the Bank Of
England began. The par value Of the
shares was made 1000 francs, or about
5000. Napoleon subscribed for thirty
shares, and all the members OF his
family took few. Hortense, his step
daughter, bought ten, and Marshal Mu-
rat, his brother-in-law, took two
shares. There were to be fifteen re-
gents and three auditors elected by the
stockholders of the bank. The French
government aided in floating the stock.
but today 1t Is not stockholder. Only
the 200 largest shareholders could vote
for regents, or what we would call di-
rectors. over these regents were plac-
ed a governor and two deputy govern
ors. These three men, who are appoint
ed by the minister OF finance, really
control the Bank of France, since they
have the power to oyerrule the re-
gents. Thus while the state does not
own the Bank of France, 1t actually
dominates in everyday management. In
this respect 1t differs from the Bank of
England, which has no government
control whatever. -. s..
- Washington, July 8: While both
the officers of the presidents yacht
Mayfiower, and officers of the navy de-
partment are reticent concerning the
near accident" to the vessel last week
when a shell from the proving grounds
at Indian Head, Md. was said to have
narrowly missed the ship, which had
President Wilson on board, 1t is be-
lieved an investigation will be ordered.
1t was declared the shell itself passed
over the Mayfower at q safe height
but that the danger was caused by the
dislodgment from the shell OF the ro-
tating band which fell close to the ves-
sell So loud was the screech OF the
shot that the Mayfiower's crew are
said to have rushed on deck to ascer-
tain the trouble. At the time Prest-
dent Wilson was said to have been sit
ting on the afforded with DR.. Cary l..
known the president made no COM
ment or complaint on his return to the
White House. Numerous protests have
been made in the past against the FIR
ing of the big guns at Indian Head.
River captains declare the lives Of their
passengers and crews are endangered
by the trials, and although no acci-
dents have yet occurred, contend that
there have been narrow escapes from
disaster. ...
Washington, July 8: A lobby in
vestigation of extraordinary scope,
was authorized by the house today,
says a Washington dispatch Of We'd
nesday, to supplement the senate probe
already under way. With the adop-
ton Of the Henry investigation reso-
luton, a special committee Of seven
members was appointed by Speaker
Clark, with Representative Garrett OF
Tennessee as chairman. The commit
tee will meet tomorrow to make plans
for the institution of the probe. While
the house investigation was prompted
largely by the allegations Of M. Nj.
Mulhall regarding the legislative activ-
tiles of the National Association OF
Manufacturers, the resolution as final
IL adopted so enlarged the scope OF the
bers Of the house or influence legisla-
ton by any person or organization will
be subject to the inquisitorial power OF
the committee. The speaker appointed
with Chairman Garrett, Representa-
tives Cline Of Indiana, Russell Of Mis-
souri,, Rodenberry Of Georgia, Demo-
Gratis; Willis of Ohio and Stafford OF
Wisconsin, Republicans, and Represen-
tative Nolan Of California, Progressive.
Representatives Cline, Willis and STAFF
ford are out Of town, but probably Will
return soon. Chairman Garret expects
to begin hearings on Monday.
Several informal conferences were
held Wednesday, by Senator Smith OF
South Carolina, other southern legisla-
tors and cotton men, in regard to the
South Carolina senator's proposal for
the erection Of a barrier in Alabama
against the threatened invasion Of the
boil weevil into the South Atlantic cot
ton states. The subject Of the confer
ence was what steps the Federal gov
ernment should be asked to take and
what the states and cotton growers
themselves might be called upon to un-
dertake in the fight. All the plans dis
cussed were aimed at an absolute
abandonment of the growing Of cotton
in a 50-mlle belt across Alabama from
north to south. with view Of prevent
ing the boil weevil migrating east OF
this strip. A plan was under consider
alton to gain the cooperation OF
thread, lace and mercerized goods
manufacturers in the movement. This
suggestion was based upon the fact
that these articles are manufactured
from sea island cotton, most Of which
is grown along the coast OF South Car
olina, Georgia and Florida. 1t Is said
that the sea island cotton seed comes
almost exclusively from South Caro-
lima. Should the boil weevil once get
into the sea island cotton fields. 1t is
said, 1t could scarcely be eradicated be-
cause of the semi-tropical tempera-
ture there.
London, July 10: The end Of a
fortnights desperate fighting in the
Balkans finds Bulgaria forced to ap-
peal to the powers to arrange peace
The Bulgarian plan to drive a wedge
between the Greek and Servian armies
in the neighborhood Of Guevgheli has
completely failed. The last reports OF
the fighting received from Athens to-
night, show that the Servians and
Greeks at this point are combining
their forces while the Rumanian army
Is beginning an invasion Of Bulgaria
The latter fact doubtless was the de-
Gliding factor in the Bulgarian appea
to the powers. How far Bulgaria's de-
feat Is due to dissensions in high mill
tary quarters, which resulted in the
resignation of General Savoff and how
far the fact that the Bulgarian troops
which bore the brunt Of the hard fight
ing in the last campaign, were more
exhausted than the Greek and Serviar
forces, will probably never be known
Nothing can be predicted at the mo-
ment as to how events will shape
themselves, the Rumanian invasion OF
Bulgaria, having brought an entirely
new factor into the problem. Russia
and France are devoting their efforts
to persuading the Allies to adopt 6
moderate attitude in order to facilitate
a peaceful settlement. The Serviar
premier is quoted in the Vienna Freit
Presse as declaring that the war has
completely set aside all treaties OF al.
lance and that peace must now be ne
gotiated on an entirely new basis.
The first idea of the size this veal
Of the country's greatest crop-corI
was given out at Washington, Wednes.
day, when the department of agricul.
ture issued its report showing the
acreage, condition and estimate Of the
number of bushels Of corn, which con-
difinY, ronnrts indicate will he nrOluc