davidaulloa/AmericanStories huggingface dataset:
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1920-05-06
MUNSEY PREDICTS
HIGHER PRICES
NEWSPAPERS MUST COST MORE
HE THINKS.
Reduction in Size.
Publisher Advises Drastic Cuts il
Use of NeWsprint and Govern
mental Regulations.

Washington, May 1.-F'ive and
even ten cent daily newspapers were
predicted today by Frank A. Munsey
New York publisher. Appearing be
fore the senate committee investigat-
ing the newsprint paper shortage he
urged drastic reduction in the use of
pulp source.
William Randolph Hearst, another
New York publisher, in letter to the
committee, advocated a 20 or rs per
cent. cut in the size Of newspapers
but said lie believed the time for gov
ernmental regulation lad passed.
Mr.. Hearst urged publishers to
double advertising and circulation
rates, saying such action would au-
tomatically cut down the size and
number of copies without reducing
revenue.
The government could not reduce
newsprint consumption by regulating
the number of pages or papers admit
ted to the mails, Mr.. Munsey told
the committee, because scarcely none
of the large city dailies rely for their
revenue on mail circulation.
Both publishers agreed that the
great Sunday editions of the city pa
pers were important factors in the
situation. Mr.. Munsey advocated reg
ulation limiting the Sunday edition to
the size of the weekday issue, mot
more than "a pages.'
Mr.. Hearst wrote he had cut the
size of his papers 20 and 25 per cent.
without adversely affecting his reve-
nue. or causing complaint from sub
scribers.
Cooperation between publishers to
economic in the use of print paper
would result in "a total curtailment
of 20 or 25 per cent, and would solve
the problem" Mr. Hearst wrote. Mr..
Munsey took an opposite view. He
told the committee that cooperation
could not be made effective because
publishers would not enter into an
agreement.
Commenting on the spot market
situation, Mr.. Munsey said that when
spot paper went to IL cents pound
he ceased buying and relied on con-
tract newsprint, for which he now
pays five cents.
Asked by \Senator Gronna, North
Dakota. if if was not true that the
small country publishers had no con-
tracts and were forced to rely on
brokers buying on the spot market,
Mr.. Munsey said he believed such was
the case, but added that many city
publishers were in a similar situation.
Chairman Reed announced that a
number of paper brokers would ap-
pear before the committee Monday.
He read a telegram from T. R. Will
liam, Pittsburgh, president of the
Newspaper Publishers association,
saying he could not appear before the
committee in his official capacity be-
cause the association had decided to
take no part in the congressional in
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1920-05-06
FAVOR BETTER SCHOOLS.
Branchville Citizens Vote for Bonds
for School Improvement.

Branchville, April 2S.-The citi-
zens of Branchville, realizing the
need of better educational advant-
ages, came to the front yesterday by
voting $4,000 bonds for improve
ment of the present school building
and also voted seven mills additional
tax for school purposes.
This will put Branchville in posi-
ton now to bring her school system
up to the high standard now being
advocated throughout the country.
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1920-05-06
ANDERSON SHERIFF OUSTED.
Supreme Tribunal Sustains Governor
Cooper.

s|OOpcF.
Columbia, May 1.-The supreme
court, in a unanimous opinion yester-
day, sustained Governor Cooper in
his removal of J. Olin Sanders as
sheriff of Anderson county, The opin-
ion was written by Associate Justice
D. E. Hydrick and was concurEed in
by Chief Justice Eugene B. Gary and
Associate Justice R. C. Watts, T. B.
Fraser and George w. Gage.
The court holds that "Sanders is
not and has not been since the date
of his removal by Governor Cooper
the lawful sheriff of Anderson coun-
ty, and that he surrender the said
office and the records thereof to the
plaintiff, G. G. King, upon his demand
therefor, and that he pay the costs
and disbursements of this action"
Sanders was removed by Governor
Cooper in February for alleged i'm
moral conduct, but refused to surren-
der the office to King, who was ap-
pointed simultaneously by the chief
executive. The plaintiff then went
before Chief Justice Gary and pro-
cured an order for Sanders to appear
before the supreme court to show
cause why he was entitled to the
Office. The hearing was set for March
30, but a delay until April 20 was
ordered at that time, when the ques-
tion of certain papers not having
been served on Sanders was raised.
The supreme court has held that
the governor has not the right to re-
move sheriff, but the chief executive
had appointed Sanders to fill va
cancy in the office, caused by the
resignation of Former Sheriff Joe L..
M. Ashley, and the statute under
which the appointment was made
gives the governor the right to re-
move an appointee.
In the conclusion of the opinion,
Judge Hydrick says:
'It is conceivable that the miscon-
duct of an officer may be of such a
nature as to make his continuance in
office a reproach to decent govern
ment, while his conduct might not
necessarily affect the proper admin
istration of his office. But we are not
called on to decide whether the mis-
conduct for which removal may be
made must be official conduct, because
we agree with the governor that the
misconduct of which the officer was
found guilty was of such a nature
as to affect his administration of the
office, and that it was, therefore, OIL
cial conduct. The defendant was the
highest peace officer in his county
and when he deliberately violated
the sanctity of the home OF anorner
and put himself in the situation in
which he must have known if discov-
cred by the outraged husband, seri-
GUS breach of peace, if not homl-
eide, would almost certainly result, he
was guilty of conduct unbecoming a
peace officer, and that was official con-
duct, for which the governor rightly
removed him from Office
The cause of the removal was an
affidavit filed with the governor by a
former policeman of Anderson, that
he went to his home one night and
found Sanders and the policeman's s
wife locked up III room together,
and that Sanders held pistol on the
policeman while the then sheriff back
ed out of the door.
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1920-05-06

Rifle Team Wins Cup For Highest
Score i'm Ten States.

The rifle team which represented
Carlisle in the contest open to all
units of the junior division, reserve
officers training corps, in the south
eastern department, won the trophy
cup offered by this department with
a highest score of 1874 out of pos
sible 1000.
The contest was shot from April
1st to April 10th and was open to all
junior R. O. T. c. units of the south
eastern department, consisting of
ten states. Notice was received by
Maj. Lang Friday, April 23rd, that
the Carlisle team had made the high
est score and the prize trophy cup
was received later. The following are
the scores of the leading teams:
Carlisle ---- ---- ---- ---- ---- ----3734
Bingham Military Institute 1886
Porter ---- ---- -------- --.- ---3646
Emory University -- 90. .-3643
Marion Institute -- --- 1853
Castle Heights Mil. Acad.3555
St. Charles College -.- ---- -3539
Memphis High School -.- --3199
Columbia Mil. Academy
The winning of this contest is in
deed an honor for Carlisle. The tro-
ply won in this competition is a hand
some cup, suitably engraved, which
was presented to the school in chapel
Saturday morning by Col. Guilds.
Well did the team represent Carlisle
with their craftsmanship. The list
of the cadets on this team and their
individual records was published in
The Bugle, April 18th. They are as
follows, in order of their records:
i. Cadet 1st Sgt. Fred Brigham.
2. Cadet 1st Sgt. Otto Large.
8. Cadet Capt. Paul K. Smith.
4. CdQSC FT0U II. F1OCC.
5. Cadet Edward P. Hudson.
6. Cadet Corp. Ernest L. Horne.
Z. Cadet Corp. VIM. G. Solomons.
8. Cadet Corp. VIM. L. Hudson.
9. Cadet Robt. H. Bellamy.
10. Cadet Major Harry Snyder.
II. Cadet Sgt. Ben K. Summersett.
IL. Cadet Robt. L. Cutler.
13. Cadet 1st 1t. Sam Shealy.
IA. Cadet Wayland F. Hogan.
Is. Cadet Mcdaniel Mimms.
16. Cadet Luther Postell.
II. Cadet Corp. Robt. l.. Harley.
49,. Cadet Sgt. Thomas V. Wactor.
19. Cadet Corp. N. J. Johnston
20. Cadet Sgt. S. W. Bookhart.
Many members of the regular
team picked by Maj. Lang and Capt.
Lupo were sick and their places were
filed by alternates, who did remark
ably we'll.
The rifle club has done great work
this year. The success is due chiefly
to the combined efforts Of Major
Lang, instructor of military science
at Carlisle, Capt. Lupo, faculty mem
Der and secretary of the club, and
Cadet 1t. Lawrence PEBBLES, execu-
tive officer.
Plans are now developing for offer
ing each cadet chance to qualify for
and sharpshooters, badges
being given by the national rifle as
sociation with headquarters in Wash
ington, D. C.-Carlisle Bugle.
The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1920-05-06
TURN ANXIOUS EYES
TOMEXICAN BORDER
MEXICAN SITUATION VIEWED
WITH ALARM.
Two Americans Slain.
Murders Said to Have Been Commit
ted in Territory Controlled
by Carranza.
Two Americans Slain.
Washington, May 3.-The murder

Washington, May 3.-The murder
of two more Americans in Mexico, re.
ported today to the state department
accentuated the concern with which
officials here are watching develop,
ments beyond the border. There was
nothing, however, to indicate to what
extent the attitude of the Washing.
ton government towards the Sonora
revolutionary might be affected by
the fact that the incidents occurred
in Carranza territory.
Requests for additional warshiI
protection at points on the east coast
of Mexico already had been forwarded
to the navy department by the depart
ment. While this had no relation tC
the latest murders it was said to in
dicate the view of officials as to the
unsettled conditions prevailing in
that region, nominally at least, still
held by Carranza forces.
On the border, loss of Juarez, Of
ficials said, would be a serious blow
to the federals because of it's revenue
producing capacity. They believed
complete rebel control of the state OF
Chihuahua would be the logical re-
suit.
The murder of Eben Francis Green
law and his young son by Mexicans
near Ell Orc, only 125 miles from
Mexico City, brought from the Ameri-
can embassy in Mexico City a prompt
and emphatic demand that the Mexi-
can government arrest and punish the
murderers. The American govern
ment contends that the Carranza au-
thorities were responsible for the pro
lection of the Greenlaws because OF
the presence of Mexican troops in the
immediate vicinity.
Destroyers will be stationed at
Tampico, Tuxpam, Vera Cruz and
Fronteras, ready to take off any
Americans who may be in danger
either from the Mexican federal au-
thorjties or the rebels. The state de-
partment specifically stated that these
vessels were not to take any part in
the struggle between factions in Mex
leo, but were asked for sorely to pro-
vide haven in case of need.
Reports we're received here today
of conferences attended by represen-
tatives of Obregon, Villa, Manuel
Pelasez and Felix Diaz, which indi-
Gated that definite coordination be-
tween the various factions was being
arranged. Official information show
ed that the revolution had been
planned for several months.
OuOl1C1dl duflCOS IL Oul NNSAlCO SlLJ
indicate that the censorship is being
exercised more sharply than ever and
that newspapers are not permitted to
print any news of the rebel activity
in the northern part of the country.
General Obregon has pledged him
self to protect foreign lives and in
terests if elected to the presidency, a
consular report to the state depart
ment said. Obregon also included in
his platform declaration in favor OF
renewal of foreign investments in
Mexico. He accused President Car
rama of violating the constitution in
assuming dictatorial powers and OF
having injured Mexico through adop-
ton of a policy calculated to drive
out foreign capital.
-1@t<De-0
Enormous Profits Of Cotton Mills.
The Washington herald., 1920-03-29
STOCKS EX-DIVIDEND.
BETHLEHEM STEEL.

The annual report of the Bethle-
hem Steel Corporation shows il in
the very strongest position II ever
occupied. 1t not only reduced its
funded debt in 1919 by more than
s25. 900 900. but decreased its work =
ing capital by SIS, s,5OO.O0O. The latter
is at the record figure now of ap-
proximately $4,000. .00e. or nearly
one and one-half times the total
common stock, A and B, outstand-
ing.
Statement of President Grace ear
ly this year, that Bethlehem Steel
common has a book value of S225 a
share is borne out By the balance
sheet. which shows an actual theo-
retical book value of s22I a share.
Current assets include nearly $50
100000 in cash, Liberty bonds ano
Treasury certificates.
Orders of more than $3.50. .000, 200
on the books Indicate full opera
tions for the current year. and with
higher steel prices and a larger vol
ume of business earnings for the
common STOCK in 1920 should be far
in excess of the $40 a share avsiIa-
BILE for the common in 1919.
The Washington herald., 1920-03-29
new TREASURY
NOTES OFFERED
Sec. Houston Announces
Subscription Offering Of
$1,000 100000. =.

The Secretary Of the Treasury
offers for subscription, at par and
accrued interest. through the Fed
eral Reserve Banks, Treasury GER
tificates of Indebtedness, Series E
1920. dated and bearing interest
from April /. 1929, payable -uly
/, 1920. with interest at the rate
of AZ per cent per annum. Appli-
cations will be received at the
Federal Reserve Banks.
Bearer certificates, without cou-
pons, will be issued in denomina-
tions of $500, $1,000, $4,000, $4,000
and 100000.
Said certificates shall be exempt,
both as to principal and interest,
from all taxation now or hereafter
imposed by the United States, rny
State. or any of the possessions of
the United States, or by any local
/ taxing authority, exceDt (a) estate
or Inheritance taxes, and OBJ Srad-
uated additional income taxes, COM
monty known as surtaxes, and OK =
cess-profits and war profits taxes.
now or hereafter imposed by the
United States, upon the income or
profits of individuals, partnerships,
associations. or corporations. The
interest on an amount of bonds and
certificates authorized by said act
approved September "a, 1917, and
anne ndments thereto, the principal
of which does not exceed N the
aggregate $1,000. owned p any in
dividusl, partnership. association,
or corporation, shall be exempt
from the taxes provided for In
clause (b) above.
The certificates of this series do
not bear the circulation privilege
and will not be accepted in pay
ment of taxes.
The right is reserved to reject any
subscription and to allot less than
the amount of certificates applied
for and to close the subscriptions at
any time without notice. Payment
at par and accrued interest for GER
tificates allotted must be made on or
before April 1, 1920. or on later al
lotment. After allotment and upon
payment Federal Reserve Banks
may issue interim receipts pending
delivery of the definite certificates.
Any qualified depositary will be per-
mitted to make payment by credit
lot CeTtlnCdl6S dIlOlleu lO IL IOF u
self and it's customers up to any
amount for which il shall be quail
fed in excess of existing deposits,
when so notified by the Federal Re-
serve Bank of its district. Pursuant
to an arrangement between the
Treasury and the War Finance Cor
poration, bonds of that corporation,
dated April l, 1919. due April l, 1890.
will be accepted at par in payment
for any certificates of the Series f
1920 now offered. which shall be
subscribed Cor and allotted.
As fiscal agents of the United
States, Federal Reserve Banks are
authorized and requested to receive
subscriptions and to make allotment
in full in the order of the receipt
Of applications up to amounts1ndi-
Gated by the Secretary of the Treas
ury to the Federal Reserve Banks of
the respective districts.
The amount of the issue will be
5000. .O00, 900 or more.
The Washington herald., 1920-03-29
GOLD EXCISE
BILL URGENT
Enactment Of McFadden
Proposal Imperative
At This Time.
SITUATION Is SERIOUS
Condition of Precious Metal
Warrants Immediate
Action.
SITUATION IS SERIOUS

To meet the urgent request OF, the
American Bankers Association that
the domestic production Of new gold
be maintained in sufficient volume
to satisfy all manufacturing require
ments. Congressman Louis T. Nc
Fadden. of Pennsylvania, chairman
Of the subcommittee Of the Banking
and Currency Committee of the
House. has introduced a bill,
The bill introduced by Congress
man McFadden provides that on and
after May /, 1890, an excise of SO
cents a pennyweight (SIo an ounce)
be collected on the sale of all articles
containing gold or gold used for
other than monetary purposes.
thereby creating a fund from which
the gold producer is to receive SO
for every newly-produced ounce
Since this transaction ~ confined to
the production and sale of gold as
a commodity only, and without ref
erence to its monetary use, il can
not in any way influence the none
tary status of the metal. BY this
means the jewellers and other con-
sumers of gold will be able to obtain
all of the gold that they require at
the usual monetary price of s20.67
an ounce. The excise is TO be col
lected only upon the manufactured
article as sold. and not upon the
bullion. which iEsures free gold
market in the United States.
Free Gold Market Maintained.
Other proposals were considered
which would have prohibited further
sales of gold to manufacturers. but
ii is obvious that this would have
created a premium market for the
metal and that the hoarders and
holders of old gold would have
profted by the premium, in which
event the premium paid upon old
gold would not in any way have as
sisted in the production of new gold.
BY the imposition of the excise upon
the finished product there will be
no incentive for the consumer OF
gold in manufactures and the arts
to hoard the metal in advance of the
passage Of the bill, because 1t will
make no difference whence the gold
Is obtained. To shut OF sales of
gold to the trades would also en-
courage the excessive destruction OF
sold coin. especially as there is no
law in the United States to prohibit
same, and the result of which prac-
tice would be injurious to our cur
rency system.
Premium To Producer Not a Subsidy.
The enactment of this law under
present conditions, where the gold
consumed in the trades is in excess
OF that produced from the mines,
will not only be without cost to the
government, but will create a bal
ance in favor of il. The premium
to be paid to the gold producer is
not a subsidy, because the govern
ment has been and is now subsidiz-
ing the consumers of gold in manu-
features and the arts. The whole
sale index price number OF all COM
n.odities in 1919 was PIG. as COM
pard to 100 in 1914. which shows
that had gold increased in price in
Conformance with all other COM
nodities in the United States. the
gold producer would have received
for his SIS million dollar produc-
tiCn in 1919. S65.5oo. 900 or 1l2 per
cent more thar the monetary price
which he did receive.
The Washington herald., 1920-03-29

This large importation OF this
class of material in the fiscal year,
lsIs-1seO, is due III part TO the pc
culisr conditions during the closing
years of the war. and especially TO
the embargo which those nations
participating in the war placed
upon the expectation of materials Is
of this character. and now that this
embargo has been removed the
quantities which can be exported
are larger than before. while the
demand in the United States, due TO
shortage of supplies resulting from
the embargo. is greater than usual
greater than ever before apparent
ly--for the quantity imported is not
only far larger than ever before.
but at prices far higher than ever
before. Present indications are that
the quantity of hides and skins i'm
ported in the fiscal year ending with
June. 1920. will approximate $50
OOO, 600 pounds against the former
high record of 744.00O.Q00 in 1916,
and the value in the vicinity of
S4OO, ,00O. 900 as against the high rec
ord of s2l6.OOO. 900 in 1917. Appar-
emily the quantity of this class OF
manufacturing material imported in
the fiscal year 1920 will be fully 50
Ter cent greater than in the year
preceding the war, and the value
nearly 100 per cent greater than in
the previous year.
Not all of this increase, however,
appertains to or results from the in
creased demand in the United States,
Tor a very considerable proportion
of our manufactures of leather ana
leather products now goes abroad
The total expectation OF leather and
manufactures thereof in the seven
months ending with January, 1920,
Is SlS9,0O0,000 against s63, 200, 900 in
the same months of 1919. and S67,-
900, 900 in the corresponding months
Of 1918, or three times as much in
value in the current fiscal year as
in either of the two years imme-
diately preceding. Should the pres.
ent rate continue the total exports
of leather and leather goods in the
fiscal year ending with June. 1890,
will approximate 100000, 900 as
against s1O0, 200, 900 in 1918, and S5s,-
100000 in the year preceding the
war.
The Washington herald., 1920-03-29

vices, continues to sell at the March,
1919, prices, but some other interests
are naming higher levels, and offers
of fancy premiums for urgently
needed material are not uncommon.
While the spring-like weather of
the week has effected Improvement
in plant operations, yet car and
fuel shortages have by no means
been who'll remedied. and capacity
running at mills is impracticable,
though the gain in outputs contin-
ues. With manufacturers well sold
up, some business is necessarily held
in allegiance, but there is also some
conservation in buying, and railroad
demands have ret developed the ex-
pected proportions.
Active Retail Dry Goods Trade.
With several consecutive spring
like days, and with the Easter shop
ping season on. recent Improvement
in retail dry goods trade in Eastern
and Northern sections of the coun-
try has been accentuated. and sentI-
ment among merchandising inter
ests has become more optimistic.
The effects of the increased activity
in Over-the-Counter distribution are
beginning to be seen in a better tone
in wholesale channels, where hesi-
tation had been caused by uncer-
tainty as to consumers attitude to-
ward higher prices, and the renewed
strength of primary cotton goods
markets is a feature. Where sup
plies are subject to shipping delays,
and are available for quick use. pre-
MUM prices are procurable. and
print cloths have risen to the high
est basis yet rC ached.
The Washington herald., 1920-03-29
STRAUS & co. ANNOUNCE
NEW UNDERWRITING

S. W. Straus & Co. announce that
they have underwritten a first mort
gage per cent serial bond issue of
S5.o00,000 on the Drake Hotel, now
being erected on the Lakeshore
Drive, Chicago. The bonds are Sc
cured by a first mortgage on the
land. building and equipment.
The net earnings are estimated at
nearly four times the greatest bond
interest or more than twice the
bond interest and the serial pay
ment of principal in any year add
ed together.
The new hotel. which will be the
finest in Chicago. will contain $50
guestrooms and will be under the
same management as the Blackstone
Hotel, Chicago.
The Washington herald., 1920-03-29

]. p. HERMAN
r. HARRISON JOHNSON
c. d. +. KATTELMANN
WILLIAM MILLER
q. PERCY McGLUE
WILLIAM MILLER