Cheraw chronicle. [volume] (Cheraw, S.C.) 1896-2005, 1914-09-10

TleS.
After years of exI>ctant prepara'
ton the war came like stroke-sd
quickly that the English people dig
not realize the significance OF Gail
events until the papers flashed tht
news of England's break with Ger
many.
All war news is censored and I'll,
ters through slowly but it is known
that from five to twenty millions OF
the best men in Europe will try tf
kill each other in an awful confiicl
that may alter the whole map OF
Republics and change the ownership
of colonial possessions. Much of the
fighting is and will be over grounS
made historical by Napoleon just I
hundred years ago.
As 1t Affects the United States :
President Wilson has had the unite,
support of Congress and his Cabinel
in making effective his prcclamatiof
Of absolute neutrality which. of cours5
includes the Philippines. (Tht
Panama Canal which will doubtless 4
much used by the contestants y
always a neutral zone) Our neutrS
lity extends to a strict censorship o.
cable and wireless messages. -
On August 5th the President Of
fered his good offices as mediator
along lines prescribed by the Hague
Convention. His action has been ell
dorsed by Italy and seconded by
China, Argentina, Brazil and Chill.
The United States relived the finaf-
cial conditions of it's citizens at honb
by offering the banks emergency curl
ency which was in very little demaIl
and relieved it's citizens abroab,
through it's representatives and latF
by sending the Tennessee and NORTH
Carolina with $2,75O,OOO.0O of Govern :
ment gold and over $5,O0O,OOO.0O Of
private funds to make reimbursements
and furnish additional assistance.
These vessels were followed by Coy
ernment transport ships to bring home
at as reasonable a passage rate Is
possible all who are stranded abroad
because of the cancelling of sailing
dates of vessels due to a fear bf
capture on the high seas. /
Foregign built vessels bought BY
citizens of the United States and
registered in this country under "a
special concession of Congress, are
now flying the Stars and Stripes and
will enable the United States to deA-
yer what promises to be a big demaHd
for our agricultural and manufactured
products. This demand will cor3e
from South America. whose heavy II
port from Europe will be shut Off
to a great extent, as we'll as from tie
nations at war which will be unaH lie
to produce their full quota Of sVp-
plies.
Price of food stuff in this coV
TRY have advanced abnormally al
the present has vigorous ingd
tigation under way for the purpdy ye
of suppressing such advances whae
not justified. Similar action
has been taken by the Mayor Of y
York. City. Wheat and. foX
/ t5s...en - org Jump I'd the faSg
bumper" crop on account of Z
demand that will come from abroA
England already guarantees sAe
shipments and payments for grain
cargoes.
Mexico
The curtain Is rising on what df-
fers to be an era of better under
standing among the people Of Mex
ice.
: General Victoriano Huerta resigned
the presidency which was then con-
ferred on Francisco Carbajal, former
minister of foreign relations, by the
Mexican Senate and Deputies. Huerta
left the country and Carbajal at once
prepared to turn the government over
to General Carranza, head of the Con-
stitutionalists. The Federal army
evacuated Mexico City and at present
only minor details seen to require
final disposition before an actual
transfer of government takes place
A branch of the Constitutionalist
army. now waiting for new uniforms
to replace its rags. has marched peace
ably into the Capital amid flags and
over flower strewn streets.
Already five Protestant denomina-
tions are planning an alliance fo-
carrying OH effective missionary
work. as soon as order is restored
The plan includes the establishm NJ
of two hundred elementary and high
chool with stats of teachers.
At Washington.
The members appointed on the
Federal Reserve Board which will
control the new banking system are
Charles S. Hamlin, governor, F. A.
Delano, vice-governor, w. P. G.
Harding, Paul NJ. Warburg and
Adolph C. Miller. The system which,
briefly, establishes a countrywide
chain of bankers banks to rediscount
commercial paper held by banks
and which has been the subject OF
much consideration by Congress-will
be put into operation at once.
Secretary McAdoo is depositins
over $3O,00000O.0O in the banks tha
desire it for crop-moving The banks
put up approved security and pay
.2% for the money.
Under ruling of the Post
Office Departement, the length OF