The herald and news. [volume] (Newberry S.C.) 1903-1937, 1914-07-03

of the stockholders has long since
lost confidence. Mr.. Cinkscales ad
mitted tAat in many cases there were
natural causes for depreciation in the
value of cotton mill stocks.
But l believe that where there is
a cotton mill owned and controlled
by what we have come to know as
the selling agent, who, with the &C
quiescence cf highly paid mill pres
ident, directs the operations of the
plant, the South Carolina stockholde1
has very little show" explained Mr.
Clinkscales
A part of his speech follows
Asks Square Dell.
Briefly l ask for square deal for
the minority stockholder in the cotton
mills OF South Carolina that in the
end greater confidence may be shown
in our great industrial enterprises and
our people may escape greater losses
in the years to come, and the laborer
in these mills get a square deal and
better wages. would avoid in South
Carolina a repetition of the losses that
have been recently sustained by the
minority stockholders OF railroads in
New England by secret control OF
these properties through the greater
interests.
"In South Carolina We want to as
sure a healthy condition in our cotton
manufacturing enterprises, and it is
not asking too much that the people
be able to know just what the con-
ditions are that have destroyed conf
dence in so great a measure n the
stocks of cotton mills in this region.
'Is elected governor l will urge
inquiry into the financial status Of the
mills of tais State If there be dis
honest plans on foot in any COM
pany to destroy the value Of these
properties with view to tneir ac-
cuisition by tie greater interests such
an inquiry viii bring them to a halt
and purify the general industrial at
mosDhere. l do not believe South
CaroIinians should be robbed Of their
money through the manipulation OF
properties by those in charge for their
private gain.
This statement | make in the ma
ture of a warning and l believe it
should be sounded throughout tie
commonwealth.
B. Frank Kelley, in his home town,
today was given a warm reception
and merely announced his candidacy
for lieutenant governor without max
ing a speech.
Cooper First Up.
"A. Cooper, the candidate for gov
ernor who spoke after Mr.. Clink-
scales stressed the need of law en-
forcement and advocated the estab-
ishment of demonstration farms in
every county under Clemson college
'T1e boys and girls living in the
country have the same responslblll-
ties and will have to fight the same
battles as those in towns and cities,
said Mr. Cooper. Wherefore, they
should have the same educational
equipment, and as governor | would
work for the betterment of the schools
in the rural districts until they are
the equal of those in urban localities,
"a coattail sWinger is a man Wnc
lacks the grit to go there alone, said
John T. Duncan, who told tue audi
ence that he proposed to show them
that all the other ten candidtes fol
governor were appendages Of what
he calls the system"
81 have been fighting the comblna
ton of cotton mills for eight years,
dNGTTSu w. " IL O$J 1A'' ~
reference to Mr.. Clinkscales that h'
was proud that at least one Of tn
candidates had admitted that he wa
right. He denounced manipulation o
the cotton market by mills and specu
lators, declaring that It hurt farm
ers and mill operatives alike. MI
Irby declared that after years Of fight
ing he had put through the house ii
bill to force the mills to report t
the commissioner of agriculture, onl
to see it die in tie senate. Again M
1rby urged the formation OF a cor
poration control commission com
nosed of State officials and others.
No PardOner, He.
R. I. Manning complimented Lee o.