Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1914-10-23


Knitting company OF Delevan, has
closed a sl,0OO,00O contract to supply
one of the warning nations with sweat
er coats. The Jersid Knitting COM
pany of Neenah, has an order for 15,-
900 sweaters to be used by the Brit
ish army. Representatives Of th'
french army are carrying on negotla'
tions for the purchase of 5000 WIS
cOnsin horses.
Another conference of bankers
identified with the proposed $780,
600, 900 cotton pool intended to ease
financial conditions in the south, was
held in New York. Wednesday, but
without definite results. 1t is under
stood the latest plan calls for two
classes Of warehouse certificates. One
is to he taken by banks of the north
and west on the basis of cotton at four
and a half cents pound; the other Is
to be accepted by southern banks on
the basis of six cents cotton. This
shifts the main responsibility Tor the
plan to banks in the growing states
This plan and other details, including
restricted acreage for next years crop
were among the many phases taken
up at the conference, which probably
will be resumed tomorrow. w. P. G
Harding came from Washington to
explain the attitude of the Federal re-
serve board. Others at the conference
included F. j. Wade Of st. Louis. Sew
eral local banking institutions have
pledged themselves to some cotton re-
lief movement and stand ready to sub
scribe one-third. or $50,00O,OOO If a
plan acceptable TO all interests can be
formulated.
Cambridge, Mass, October 21:
Prof. Hugo Munsterberg has with
drawn his resignation from the Har-
ward chair of psychology "at the re-
quest of the authorities" according to
an announcement made tonight. The
resignation was rendered recently
sfter Prof. Munsterberg had learned
that the university had received a
communication from Major Clarence
Wiener of London, threatening TO
withhold a legacy of s10.00O,OOO to
Harvard unless the professor was dis
missed. Major Wiener's objection to
Prof. Munsterberg was based on the
professors e.. pro-German utterances
since the opening of the European
war. The announcement of the with
drawal of the resignation appeared in
the columns of the Harvard Alumni
Bulletin. The Bulletin says editorial
ly that the university cannot afford TO
would be willing to accept money to
abridge free speech, or to remove a
professor, or to accept his resigna-
ton" Prof Munsterberg tonight said
the university had refused to accept
his resignation.
Aroused by steps taken by Ger
many and Austria to protect them
selves against a falling birth rate and
the death rate incidental to the war,
England continues to encourage the
marriage of recruits soon to go on
foreign service, says a London letter.
At the suggestion of the Archbishop
of Canterbury, as has probably ALREADY
been known in America, the diocesan
bishops of the church of England have
made marked decreases in the fees
charged soldiers for marriage licenses
and clergymen throughout the island
are waving their personal fees. In
Germany and Austria fees for mar
riages were waived entirely, and in
many cities clergymen married the
warriors and their sweetheartS In
large companies. Gold wedding rings
were done away with and iron rings
substituted for the ceremony. Then
the married women who already had
gold wedding rings offered them as
placed them with rings similar to those
worn by the war brides. The Arch
bishop of Canterbury is endeavoring
TO have the government waive the
stamp fee of $3.50, which it imposes
on each marriage certificate, and dio-
cesar bishops have reduced the mar
riage license fee to $3.50 in the case
of soldiers and sailors of limited
means Formerly ii cost $40 to pro-
cure a marriage license properly
stamped by the government. The cost
is now S5 and the Archbishop of Can
terbury hopes to have il lowered To
$3.50 through the withdrawal of the
stamp tax of the government.
Agreement on the war tax bill was
reached late Wednesday by senate and
house conferees at a sacrifice of items
from which $l5.00O,000 to $4,000
900 in revenue had been expected. The
conferees eliminated the proposed IL
quor tax amendments which would
have increased the tax on beer from
$3.50 to s1.75 a barrel and would have
imposed a tax of five cents a gallon
on rectifed spirits. No substitute for
the amendments eliminated was
made. Representative Underwood's IS
proposal TO restore the tax of two
cents a gallon on gasoline being re-
jected This action fixed the estimated
annual revenue at approximately
100000 instead of SlO5, 100000 as
at first contemplated. The revenue
bill agreement fixed the tax on beer at
$3.50 a barrel, with the senate amend
ment for a five per cent rebate Tor
prompt payment eliminated. The
senate amendment reducing the pro-
posed tax on bank capital and surplus
from 50 to 81 thousand was retain
ed. The senate proposal 10 tax 40
meStic sweet and dry wines elght cents
q gallon. with tax of 50 cents gal
Ion on brandies used in the fortifica-
ton of wines also was retained. The
senate amendment increasing the tax
on tahacco manufacturers and dealers
was agreed to and with few exceptions
the stamp taxes were not disturbed.
Stock brokers will be taxed $50 a
year instead of $50. The graduated
tax on theatres also was changed
slightly, the final rates being as fol-
lows: Theatres with seating capac-
ity of $50 or less, will pay S25 a
year; 500 capacity $50; 500 capacity
SIS: more than 800 capacity 500 a
year.
- Washington, October 2l: Directors
and governors of the twelve Federal
reserve banks today refused TO sup
port the proposal Of Secretary McAdoO
to open the new banking system for
business November 16. BY vote of
81 to 35 they recommended that the
opening be set for November 80. The
action has no binding effect upon the
reserve board or upon Mr.. McAdoo,
for the currency act gives the Secre-
tary authority TO open the banks when
he believes they are ready to do busi-
ness. 1t was evident tonight that
members OF the board were not pleas
ed with the recommendation of the
banks and it is possible a meeting of
the board within the next few days
will develop sufficient sentiment to
bring a vote asking the secretary TO
uame Il date earlier than November 30.
Discussion of the opening date was
taken up Immediately after the bank
ers returned from the White House,
where President Wilson declared his
belief that the best thing for the
country was To open the banks at the
earliest possible date. Speeches were
made at the conference by men repre-
Senting every one of the twelve banks
No So, tiOual difference of opinion was
apparC mt, but the smaller of the re-
serve banks reported that they were
more nearly prepared To open on the
10th than those in New York. Chica-
90, -. Louis and other larger cities
The argument against opening on the
- Il, 1l.s