The Anderson daily intelligencer. [volume] (Anderson, S.C.) 1914-1915, 1914-10-22
SENATE PASSES
Tile BOND ISSUE
ALI. EFFORTS TO CHANGE
MEASURE WERE.
REJECTED
$35, 100000 I'M BONDS
Hope for Eliminating Cotton IN
1915 Dashed on Rocks by
House.
$35, 100000 IN BONDS
Special to The Intelligencer.

| COLUMBIA, Oct. 21.-Hope for
eliminating cotton in South Carolina
| in 1915 was dashed on the rocks this
| afternoon by the house. Advocates
Of the bond issue, gained hope by the
| action or the senate on the measure
] which would carry $4,000 900 to aid
the distressed cotton farmers of the
State.
Rejecting amendment after amend
ment and disregarding a desperate
eleventh hour fight, the senate this
afternoon passed the joint resolution
to submit to- the people the question
| of voting s35.000.000 five year five
per cent cotton bonds for the purpose
1 OF the State buying up the cotton
| crop. The vote was overwhelming
% to 4, In addition to a pair being
announced. Those voting for, the
bond issue were: Ackerman, Appelt,
Beambuard, Christensen, Dennis
Earle, CHM, Goodwin, Gross, Hardin,
Hough. johnson, Johnstone, Ketchin,
Laney, Lawson, Litle, McCown, Mich
olson, Patterson, Richardson, Sharpe,
| Stuckey, Sullivan, Werner. Young, to-
tai rs. Those who voted against the
Dill We're: Black. Carlisle, Buck and
Sinkler. Senator Williams announc-,
| ed that he was paired with. Senator
Clifton who Eas absent. Thht he,
would have voted against the biIr
with Senator Clifton voting for tt
The measure now gees 90 tee housa.
All efforts to change the measure
were rejected by heavy maiorities.
An amendment by Senator aChristen-
sen to eliminate the buying feature,
and retain only the loaning feature.
was rejected to "a. Under the bill
the State will either buy the cotton
outright from ;thefproducor on basis
of ten cents perJpound, or the pro-
ducer can give his note to the State
together with warehouse 'receipt and
obtain a loan of 8 cents per pound.
IN either-case the producer must put
up 10 per cent for interest and cost
charges.
Hsae- :hs Eli benefits are 10 be
Tor the producer of cotton, Or for tho
tand owner on which the cotton ia
grnwn. and holders of cotton for BEN
ebt or producers or land owners An
amendment was adopted at the. sug-
gestion OF Senator Nicholson extend
ing the benefits OF the bond issue 10
those corporations or persons who
purchased cotton outright. or took It
In on accounts at 10 cents per pound
prior to October 20. provided that
such cotton was growa In this State
ana that such persons or corpora
tions are citizens OF THE State
Senator Carlisle sought 10 put In
an amendment permitting the eink-
ing fund commission to loan as much
as twenty ner cent. Of the issue, 81
practicable, on real estate ulortgages
but this was showed under. TN.
measure was handled imirably Nv
Senator Lide. and just after 2 o'clock
President Smith ordered the roll call
which resulted in the bill being pass-
ed 20 to and ordered sa.:: % tha
house,,
The house today decided that It did
not want the cotton crop totally
eliminated In 1915. This dacision was
arrived at after over thres hours az
the most fervid oratofy the house
has hoard this session. Despite the
the oratory 'sThe No Cotton bill was
killed by vote Of GA to So. The
measure contained a proviso thet n
si1oulc not become effective unless
adopted by the other cotton States.
The question OF total elimination Of
the cottan crop in 1of5 has been
atroagly urged since the beginning OF
the present session by Representa-
tiyes OF the South Carolina branch
OF the Southern Cottnn Congress. 5,
The appropriation bill. to meet the
exponses OF the special sessicn of
the general assembly and certain de-
paftmants OF State government, was
passed by the house and aent to the
senats without debate this morning.
The Ssase treasurer Is empowered 1
to borrow 100000 on the credit OF
the State to meet the appropriations, !,
II 30 niuch be necessary.