Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1916-09-20
JOHN l.. McIAURIN TO RESIGN.
Desires to Retire to Private Life
His Letter.

His Letter.
Columbia, Sept. 16.--In a letter to
J. Arthur Banks, Of st. Matthews,
president of the South Carolina
Warehouse Association, given to the
press this afternoon, John l.. McLau-
rim announced his intention Of retir-
ing from the office Of Warehouse
Commissioner at an early date, and
of rendering his resignation TO the
commissioners political Affiliations
during the recent campaign, the
charges brought against him BY Sen
ator 'B. II. Tillman, and the past and
future Of the warehouse system in
this State. The letter, in part, fol-
lows:
McI.aurin's Letter.
Sept. 16, 1916.
"Iion. J. Arthur Banks, President
South Carolina Warehouse Associa-
ton. st. Matthews, S. C.--My Dear
Sir: 1t is my wish to retire as State
Warehouse Commissioner. and this
is to advise you that will tender my
resignation to the Governor at an
early date. My purpose is to give
you an opportunity to take such ac-
tion as you may deem wise to secure
capable man as my successor.
Il have established tho system,
so far as have gone, on a firm foun-
dation; we are taking in new
houses nearly every day, and, in
spite Of the high price Of cotton, it
would astonish you to know how
much is being stored. The present
State administration favors retaining
the system on its present basis, while
| favor it's development upon broader
lines. cannot succeed in opposition
to the State administration.
"Anothcr reason why wish to re-
tire is that | am tired Of public life. -"
Interested In States Progress.
After referring briefly, but caustic-
ally, to Senator Tillman's criticisms
contained in the Senator's recent let
ter. Mr.. McLaurin continues:
II am interested in the material
progress Of South Carolina be-
lieve that good government and civil
iZation follow in the wake Of pros
perity. 1t matters not about me;
BlcaSc and Tillman arc minor incl
dents about which | care naught po-
lttically. except as they further or re-
tard what | am trying to make my
life work.
''rhe State warehouse system has:
list. Demonstrated how easy it Is
security.
"2d. 1t has established new fact
in economics, to wit: that you can
valOrize products within certain lin
its by giving them special privileges
rs Il collateral
Sd. After the failure of the
Wade plan it pointed out the true
way to make effective the Federal
reserve law on commodity loans. |
have on file in this Office letters from
the President OF the United States,
the Secretary Of the Treasury and the
president OF the Federal Reserve
Board in Washington, which amply
confirm these statements.
Great Good Accomplished.
eff We never take another step, The
state warehouse law has done more
for the people than all Of the self
seeking. mouthy politicians in South
Carolina have accomplished since
1876. II | felt that my presence here
las an absolute necessity | would
smother my natural feelings OF indig-
nation and continue to sacrifice my
self, but think that now have the
system where a good, sensible man
can run it upon its present basis of
furnishing collateral. If there is
any further attempt to develop it |
stand ready. as an outsider. to do all
in my power to assist whoever may
be in charge.
'What it needs now is:
list. Licensed graders
I'd Direct sales.
Sd TO become self-supporting.
Insurance Feature.
The insurance. properly handled
by the Legislature, can be made to
support the system and furnish aid in
establishing direct sales. Few real
ize the tremendous profit made upon