davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1921-08-03
PLANS FOR CUBA's BIG LOAN.
Znyas Urges Commission to Dis
burse $5o,OOO,OoO.

HAVANA, Cuba, Aug. 2.-Creation OF a
commission of three to disburse the
s5o.0o0.000 loan which Cuba hopes to
float in the United States, with the Gov
ernment playing only an incidental role,
was suggested in a message to Congress
by President Alfredo zayas yesterday.
It has been reported that American
financial interests. in negotiations over
a loan to save the sugar industry, have
stood out for supervisory powers in dis
tributing whatever amount was raised.
The Administration purposes to form
the loan commission along the lines of
the United States War Finance Cor
poration. This body would dispose of
the loan, with sugar and other products
as security, while the Government
through special taxation would arrange
for its amortization and the payment of
the interest. This commission, the
President added, might prove the first
step in the formation of n new banking
system. including a central bank OF
emission
The New York herald., 1921-08-03
INTERNATIONAL PAPER
STARTS SOME PLANTS
Dodge Says Company Stands
on May Wage Scale.

The international Paper Company has
resumed full capacity operation of It's
mills at Niagara Falls and Piercefield.
N. Y. at Wilder and Milton, VT. and
Turner's Falls. Mass. said a statement
issued yesterday by +. T. Dodge. presi-
dent of the company. Operations have
also been started at the Palmer. n. Y,
plant. Until business conditions i'm
prove, Mr.. Dodge added. the company
will not resume operation of more than
two or three other mills.
Reiterating his denial that the Inter
national Paper Company will adopt the
wages determined In the arbitration pro-
ceeding pending between the labor
unions and group OF paper manufac-
turers. Mr.. Dodge declared the company
will adhere TO the wages and working
conditions set forth in the statement
made to employees last May.
The New York herald., 1921-08-03
More Rail Orders From China.

The General American Car Company
has arranged for the financing of an or
der for 600 steel freight cars. half box
and half coal. totalling s2.325,000 for
the Chinese Government Railways. nc
cording to w. w. Fowler, vice-president
of the company. THE order of $4,000
tons of steel rails from the same source
valued around 500. 0.000." said Mr.. Fowl
er, will be financed by the United
States Steel Corporation and one for
$4,000 wooden ties, aggregating s437.-
900. by lumber interests in the North
west. Further immense orders from
China are expected during the next few
years."
The New York herald., 1921-08-03
virsinia-Carolina Statement.

The bad news being out. Virginia.
Carolina Chemical experienced the con-
ventional rally. Information contained
In the company's report for the last
fiscal year bore out all the depressing
preliminary estimates. The years loss
Of S13.152.S76 from operations evidently
reflected drastic writing down Of in
ventory values. which. while productive
OF a poor showing at the moment. In
dicates sound basis for the current
years business. The inventory Of $15.-
534.370 carried into the new year was
about $5.500.000 less than a year before
and approximately S3.000.O00 less than
In 1919 and 1918.
The New York herald., 1921-08-03
New England Road. to Fight On

state Commerce Commission in the New
England rates division case was disap-
pointing to the roads of that territory
they remain confident of the merits OF
their case, and the invitation of the
commission for joint committees to take
the matter up will have their prompt
attention. according to F. J. Pearson
president of the New Haven Railroad
I'VE will do all that we can to that end
in cooperating In the endeavor to reach
some conclusion that seems fair and
proper and which will afford US the re-
lief which we SO badly need" said Mr..
Pearson.
The New York herald., 1921-08-03
r. md p. outlook Brightens.

Activity OF Texas and Pacific in the
stock market recently is attributed to
the expectation of an early decision of
the suit brought by the Missouri Pacific
to settle the status Of the formers in
come bonds and to it's June earnings
statement showing surplus with other
income and fixed charges equal to Al
per cent. annually on the stock. The
net operating income Of the Texas and
Pacific for the first half of the current
year amounted to ss19.277, in contrast
with a deficit of $145.s5s for the cor
responding period of 1920.
The New York herald., 1921-08-03
Heavy Drop I'm OIL Exports.

Exports OF crude and refined oils in
Juno totalled 2o4,6o4.039 gallons, val
ued at $26.5s4,274, a decline OF ap-
proximately 22,000.0o0 gallons from the
corresponding month OF 1920, but a gain
of about 100000 gallons over May,
1921. Lubricant exports continued dun,
while gasoene shipments decreased al
most 30.00o.000 gallons from the same
month of 1920. Declines in prices ex-
planned in part the large loss In the
value OF the months oil exports.
The New York herald., 1921-08-03
FORD,S FREIGHT CUTS
ARE TOO FAST FOR 1. c. C..
Roads Application for Lower
Tariff Is Denied.

WASHINGTON. Aug. 2.-Freight rate
reductions on Henry Ford's Toledo, De-
troit and Ironton Railroad have been
made too rapidly to comply with the
regulations Of the Interstate Commerce
Commission. His application TO file a
tariff reducing by 20 per cent. the rate
on stone from Sibley. Mich. to Detroit
was for this reason denied to-day by
the commission.
Mr.. Ford put into effect a reduction
on July 26 of five cents a hundred on
this traffic. and under the regulations
thirty days must elapse before additional
reductions can be made in the same
traffic.
The New York herald., 1921-08-03
Young Guiding Rio Grande.

The management of tho new Denver
and Rio Grande Western Railroad. to
which title of the old Denver and Rioi
Grande property has been officially trans
fered, has assumed operation of the
road under Joseph II. Young. formerly
head of the Norfolk Southern. as presi-
dent. No changes of the old organiza-
tion's personnel in Denver and New York
are contemplated at present 1t was
learned here yesterday.
The New York herald., 1921-08-03
Idle Freight Cars Decline.

Surplus freight cars numbered ,772
on July 23, or 21.27S fewer than the
total on July Is. according to reports OF
the car service division of the Ameri-
can Railway Association. The reduc-
ton was caused mainly by tho increased
demand In the central Western region
for grain cars. Idle box cars totalled
11e.442 and coal cars 16s.56S. decreases
OF 16.191 and 5,049, respectively, from
the preceding week. Surplus stock cars
underwent a decrease OF 62S cars.
The New York herald., 1921-08-03
FEWER FAILURES EXPECTED.

Failures for July totalled 1890.
against 1929 in Juno and 1874 in May,
1921, says the Credit Guide analysis. In
July, 1920, there were 752 defaults. The
tendency Is for fewer failures for the
second half OF the year than In the first
half Liabilities show a decrease over
the previous month. or the total fall
ures 72h per cent. had debts OF under
$4,000, 16 per cent, ran between 0.000
and S25.000, the average being approxi-
mately s23.750. as against an average
liability OF about $4,000 In June.
The New York herald., 1921-08-03
U. $. to withdraw $4,000. 900.

The Federal Reserve Bank of New
York announced yesterday that SILL
900 of United States deposits would be
withdrawn tomorrow from member
banks in this district. This amount rep
resents 10 per cent Of the unwithdrawn
balance Of the certificates and short
term notes issued on June Is.
The New York herald., 1921-08-03
Pressed steel Car Rises.

Pressed Steel Car advanced 3 points
on a turnover OF thousand shares. The
shorts frequently in the past have dis
covered that the relatively small capi-
tai stock of this company seems to be
very closely held when the time comes
TO cover commitments.
The New York herald., 1921-08-03
BUENos AIRES LISTS EXCHANGE

BuENos AIRES, Aug. 2.-Foreign ex-
change rates we're yesterday quoted for
the first time in the Bolsa de Concrete.
which recently opened an exchange mar
ket Only cash transactions we're per-
mitted.
The New York herald., 1921-08-03
western Bank Merger.

Stockholders of the Northern National
Bank of Cleveland have ratified the merg-
er with the Cleveland Trust Company.
This merger increases the trust COM
pany's resources to s127,0O0.0O0.
The New York herald., 1921-08-03
FINANCIAL NOTES.

Prices are for hundreds of pounds,
and apply only TO fairly large orders.
The New York herald., 1921-08-03
DIVIDENDS.

Stock OF Pay
Record. able.
Standard OIL OF Kansas. q.
SO ...:................ .Aug.31 Sept. 10
Standard oil of Kansas.
extra. s3..................A Aug. 81 Sept Is
United Cigar Stores of
America, q, $3.50. Aug. II Aug. 20
The New York herald., 1921-08-03
SUBSCRIPTION RIGHTS.
UNITED STATES TREASURY STATEMENT.

Q YoRKH HraAIp
eau.l
C.
The New York herald., 1921-08-03
FAR EAST.
SOUTH AMERICA.
CANADA.

New York funds In Montreal. sf20.s3 prem
ium per 81 .000 Montreal funds In New York.
s1oI 80 discount peI sI,0o0.
The New York herald., 1921-08-03

The New York Trust Company has been
appointed trustee under indenture OF the Gin
cfnnati Gas and Electric Company, dated
August 4. 1921. given TO secure an Issue OF
$6 600, 600 par value convertible per cent.
The New York herald., 1921-08-03

PARIS, Aug. 2.--Prices firm on the
Bourse to-day Three per cent. rentcs,
So francs 25 centimes; exchange on
London. as francs 81 centimes: per
cent. loan. 81 francs 45 centimes. Dol
lar quoted at 13 francs 16 centimes.
The New York herald., 1921-08-03
MONEY MARKET.

Commercial paper. 10 days. 81: 60 20 90
days, on Liberty bonds and Victory notes.
10 days. 5h 10 TO 90 days, ~: bankers
ceytances, 10 TO no days. 5ik.
OPEN MARKET RATES.
Prime eligible acceptances on call, 4n14;
redscount nt Reserve Bank, GO 20 20 days,
5hG5M: non-mcmber and private bankers.
eligible. 60 10 30 days. 5%95x; non-cligiblc,
60 to 90 days. 6kT5h.
CLEARING HOUSE STATEMENT.
Clearing House exchanges, tSps zoe, 900:
balances. ss4 400, 900; Federal Reserve credit
balance. sos, 100000.
SILVER MARKET.
official bar silver in New York, domestic.
9qhc. an ounce, unchanged; foreign, 6iLc.,
off ifc.; London, 3sMd., off Nd: Mexican
dollarss 47c.. OH Nc. -.---- e..-----.....
The New York herald., 1921-08-03

The Manhattan Electrical Supply company.
New York, announces that Walter w Tenn
piln. formerly OF the Western Electric Com
pany, has been elected vice-prcsident.
The New York herald., 1921-08-03
FOREIGN MARKETS.

LONDON, Aug. 2.-Prices steady on
the Stock Exchange to-day. Bar silver.
3sMd. per ounce bar gold, 115s. Sd.
money. az per cent. Discount rates
Short bills, 7-16 per cent. three
months bills, 9-16 per cent. consols
for money. 49%; British per cent.
loan. ssA; British "a per cent. loan.
s1h.
The New York herald., 1921-08-03

Company, az trustee under the first per
cent mortgage Of the Fairmont Coal Com
pany, has on hand 10000 with which II will
sinking fund. Tenders must be made before
The New York herald., 1921-08-03

Byth, witter & Co. and the San francisco
firm OF Cyrue Peirce a Co. are offering al
par $4,000, 900 East Bay Water Company
unifying and refundinE mortgage fifteen year
Jh per. cent gold bonds
The New York herald., 1921-08-03

j. A. sisto OF Halgarten 4 Co. will start
for Europe to-day on the AdrIatie.
The New York herald., 1921-08-03
RegardIng the statement in tho adve

Regnrdlns ths statement IN the advertise-
ment of the Middle States OIL Corporation's a
bond issue yesterday. This assignment OF
oil monthly would pay the minimum guaran-
teed rate OF 3 per cent. per annum II oil sold
as low as 80 so cents per barrel &c." /,
should be noted that the correct price Is
80 so cents.
The New York herald., 1921-08-03
NEW YORK STOCK EXCHANGE QUOTATIONS.
TUESDAY. AUGUST 2, 1921

1921.
Year to date 101, ,435,551 /
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1921-10-28
ARMISTICE DAY

Governor Cooper has issued n proc
lamation cSlins upon the people in
oil walks of life in South Carolina to
pause from their work on Armistice
day, November II, and unite ip service
of prayer and thanksgiving inccom-
memoration Of this nlomcntous day
in the historyaof the world, The gov
ernor calls upon the. ministers to open
the churches for services and upon
the directors of schools ard business
houses to stop the, schools and work
to remember the signing of the ar
misticc ~ ' ~
The proclamation follows:
Whereas. the 18th day of ~NOYem-
bcr is the anniversary Of the signing
of the great armistice in 1918, and
whereas, in accord with our annual
custom the people Of our land have
set aside this day for celebrating the
victory of the allied forces and COM
memorating the sacrifice of those who
suffered and died that the greatest
war in the history Of the world might
be- won, and ..
pies for services of prayer and thanks
giving on this day, because it was His
spirit which prevailed in the hearts
or our men and women when the call
came to arms, and enabled them to
sacrifice their lives, their loved ones,
on the bloody battlcfields of France,
that peace loving human beings might
live in the pursuit of their happiness,
unmolestcd' by aggressive, warfaring
natiJlts, and
Whereas. We should give thanks Ia
God for Inc twofold significance OF
| this armistice in that marks not only
the victory of right against might, but
the beginning of a new era OF harmony
among the nations of the earth, and
n growing understanding in the hearts
of our people that nations no less than
| individuals are subject to Gods i'm
mutable moral lfws, and
"Mhcreas, we should pray with the
same fervor we felt in our hearts IN
! 1918. that armamentS may cease. ,anc
! that the agreements reached whcr
| this great armiStice was signed may
| he 'GubstantiGtcd, in order that riSh1
may prevail in the future without wan
| tor. bloOdshed among the sons OF men
"Now. therefore. ], Robert A. Cooper
| governor of South Carolina, DO ..fal
upon our ministers to- open tht
churches Of their charge on the morn
! ing of the 11th Of November upor
tie directors Of our schools and bus
mess houses to pause from their work
and upon all the people of our state
! to assemble III their respective houses
! of public worship and unite in ser
vices OF prayer and THANKSGIVING "
! Of
day in the history Of the world"
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1921-10-28

who had encountered unpleasant eN-
perienCeS in consequence. The afhda-
Wit over which the row was raised re-
cited an occurrence in the government
printing office involving ali abusive
cursing match between a non-unlon
employe and a union official in which
the filthiest of filthy language was
used. and reproduced by initial letters,
dashcs. etc. While nothing was spell
ed out. the affidavit in question was
probably the filthiest composition that
has ever appeared in the ConGrcssion-
al Record, and although some thirty
thousand copies. of the Record had
been mailed out before 1t came to the
attention of the congressman, the
matter was taken mp on Tuesday and
a resolution was adopted To eNpunge
the stuff from the record. Then there
was n resolution to eXpell. Congress I
man, Blanton from congress. on the
expulsion question yesterday Blanton
escaped by the narrow margin OF eight
votes. The vote stood 203 TO 1873, witn
two thirds required TO oust him. The
expulsion resolution having failed, the
house passed vote of census; which
censure was administered by the
speaker.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1921-10-28

able to live within the aggregate ap-
propriatiOns asked for by the county
commissioners; but never have all the
.appropriations run out evenly, and
they never will. .
Heretofore it has been within the
discretion of the county treasurer TO
exceed appropriations provided he had
a surplus in some other appropriatlo",
and he could make up a deficit in med
ical attendance out of a surplus for
dieting prisoners.
But, the new law takes away that
and if the appropriation for
medical attention runs out there is no
way to pay for any further medical at
'tcntion.
. OF course, these items are only used
Jby way Of illustration.
The main point of the whole propo-
isition is that it is beyond human pow
cr to make exact forecasts as to what
will he Tequhcd FOR the different items,
and if something cannot be left to the
intelligence and discretion of the coun-
ty officials who disburse those various
funds, we are indeed in a bad way.
There is no way by which ali the va
rious expenses can be fully met with
out providing for n surplus in the case
of each of them. and that will raise the
tax levy and tend to waste.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1921-10-28
REAL ESTATE TRANSFERS.

Since the last publication of the re-
cord in The YorlE Eille' Enquirer the
following real estate transfers have
been indexed in THE office of the York
county auditor: ~
catawba-W. H., GLADDEN. TO Sam
Sawyer, 1 lot, s2,50A
Al. ]. George to ,Aline NJ Greehe. l
lot $22j.
Misses Mamie and Orrie steele 10
Poag Caldwell. lot, $lO5. .,
$. II. Blake and Maude Foster to
Sudic Blake. 3 lots, love and affection
'Catawba Real Est. Co, 70 A. roster
Davis, 3 lots. $3.50.
NJ. ID. Anderson to j. T. Walker .
Mimosa c. Caveny 10 J. 7. Givens l
lot 81 800.
Catawbd Real Estate Co., to l.. d.
and q. II. Matthews, l lot, $500.
Catawba Real Estate Co., to {. T..
McCaw, | lot. $1,000 -.
Ebenezer-John X. Williams to MISS
Sarah Orig Huh, l lot. 5000.
John r. Williams to Mrs. Maggie t.
Craig. l lot, 5000.
Fort Mills. l.. Meacham to W. I.
Claw&on. / lot. $3.50.
KINGS Mountaint-Thad =, Clinton
TO II. \. Jackson. lot, 1854.
: York--W. l.. Williams to P"ul y.
Moore, house and lot{ $lO,5OO.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1921-10-28
FATHER RATcHFoRD DEAD

York county relatives were sum
morcd 10 WaXhaw, y. c., "Wednesday
and Yesterday because of the death
and burial of Rev: w. W. Ratchtord'
known throughout the Carolinas as
Father Eatchford," who died We'd
nesday morning at his home near
Waxhaw. in the 91st year Of his age
after an illness of several months.
Funeral services for the deceased were
held nj WaXhaw Yesterday morning
at II o'clock.
The deceased is survived 10y four
sons. McsSrs. r. r. RatChford ana
Edward Rutchrord Of IiullockS Creek
township; Clarence lsatchiord oi
WaXhaw, y. c.. and Rev. c. I'. liatch-
ford Of Waterford. Va. ard three
daughters. Mrs. f.. NJ. Rankh"ad oi
Rnllpck's Creek: Mrs. Walker and
Miss Alice Ratchford of WaXlnw. y.
c. He is also survived by q sister,
Granny Ratchfurd," Of Castor cCun-
ty who is now in tho S6th year Of her
Born in Castor county May 50, 1881.
"Fathcr" Ratchfnrd WAS ordaln"G rs Il
PRESBYTERIAN minister June j. lH19 ahG
WAS engaged in&hc ACTIVE pastoral" "i
t1Ic. PRESBYTERIAN church fer 6l years
His last I,Hsturatc: WAS 'Ti'Tah. .Il;h
WlNhaw chuvchcs which he was S'lN-
ine when'hc Was sliZtd @lth biSihalaL
Illness.
During his long period r"f !seryic"
ASA minister hc served the lolIOWlhS
churches all. of them within a9(ntIfS
of III" spot in South Point TOWNSHIP
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1921-10-28
ABOUT PEOPLE

Mrs. C. w. MCGEE, Of Yorkville, wa:
visitor in Columbia, "Wednesday
Mrs. j. X. Aston of Sorkvile. Is
Visiting relatives and friends in Spar
tanburg.
NIessrs. G.. w. WhitcSidcs ;u!d j. w
Sims of Sharon were in 4orkYllle yes
tcrGay.
Mrs. JOS. e. Hart and children OF
Yorkvillc, are visiting relatives III
Columbia.
Mrs. Ada Faulkner, of Washington
u. c.. is visiting Mrs. ;. {. Ashe' III
IOrliville.
Robert McCleavc of McConnellsville'
was among the visitors in 1orkVille'
yesterday.
Miss Elizabeth Tribble of rkNille,
spent the week erd with friends at
Hickory Grove.
Mrs. II. ~ Ingram, of High Point
y. c.. is visiting her. father, Mr.. }. NJ
Starr, in Gorkville.
Mrs Robert X. Camak of Columbia
is visiting the family Of Mr.. }. .. Al
lison IN Yorkvillc.
\ Mrs. Claude II. smith, Of Spiro,
Okla. is the guest of Mr.. and Mrs.
j. y. Hayes, at Newport.
Mrs. Geo. r. Schorb, spent Wednes-
Cay in GorlvyiilC, on her way 10 foft
Lawn, from SpartanblTg. 49,
Miss Elizabeth McGee, of Norkville,
has matriCuIated as a student nurse at
>sSc Baptist hospital IN Columbia.
Mr.. and Mrs. .Lesslie Faulkner OF
Kings Creek. R +. D., visited Mr.. ana
Mrs. J. Frank Faulkner, in lorkvule'
Tursd1N
Mrs. J. y. Nichols and daughter,
Mary Faye. of DcQueen. Ark" are
visiting Mr.. and Mrs. J. +. Shilling!aw'
of l.csslir.
Captain Q. f. smith and his sister
Miss Jranncttc Smith. OF Concord. \.
c.. spent last Tuesday night and part
Of Wednesday morning in (orkHlll'.
Mr.. ana Mrs. B. NJ. F"wclI, OF Rock
IIin. have issued invitations 10 the
marriage Of then daughter Eva TO Mr..
Erwin CarothcrS. on Tuesday NOV
.cmncr =. at the First Presbyterian
church, Rock Hill.
Erwin G. Pursey, welt known farm
e. If Smyrna No. >, who was BABY
burned about the bead ard arms last
Monday ri@ht whA trying to rescue
hvratock from hist burning barn Is
getting along quite nicely. 1t develops
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1921-10-28
LOCAL AFFAIRS.
NEW ADVERTISEMENTS.
shoe Values.H

McCOnnclrs-Gr Shoe Valuess
W. II. ShCTer, Clover--f'rcsh Meat.
McGill Bros, York No. Ginning
days.
j., c. Plonl, Hickory, y. C.-Beat the
boil weeviI by sowing wheat:
Glover Cotton Oil and Ginning Com
pany, Clover-Have sure enough s
per cent cotton seed meal.
Pyramid Paint shop, Rock Hill-And
the cost in the long run is really
cheaper. .. r..-,
Carroll Bros-F'ulghum seed oats, etc.
Mrs. J. VI. Ferguson, NillincryHParlor
Hats at your own price.
Parker Smoak Company, Rock Hill
Outfits for men who want the new
est. the nobbiest andrthe best,
Cash and. Carry-Y-ous will not he dis
appointed as TO quality, quantity
variety and price, ..r 70.
Fl, f. Ncu, County TreasureF-Dog
Tax due.
II. +. Neil. County Trcasurei-Tax
fotice for l921-22.
First National Bank Of Shar0n-lt IS
determination that makes you vim
Star Theatre, j. Q. ,Wr2y, Manager
\ good Fox picture today, and June
Caprice tomorrow.
G. s. Pratt SharOn-,,Buy at nome, no
need to go elsewhere.
Plexico's Cash Garage, Sharon
There's n difference.
Business Men Of Clover-Pay up week.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1921-10-28
The County Budqet.

York county's fiscal affairs have been
somewhat embarrassed by reason of
law which seeks TO compel the county
board Of commissioners to make an alb
solutely accurate estimate of prospect
i've expenditures for all purposes year
in advance and to live within those cs-
Inmates.
The thing is absurd.
To carry out such an idea would re-
quire the tax levy to be almost double
what it is and sooner on later it would
tend to waste and extravaganza.
1t is the duty of the county board of
commissioners to, at the beginning OF
each year, advise the general assembly
what it will need for the expenses of
the county government during the next
twelve months.
That is scnsibl" and proper.
The only way to get at. it, of course.
is on basis of expenses for the
twelve months previous in connection
with known OF anticipated develop
mentS.
For instance. there must bc cStl-
mates of what will be required for the
courthouse, the poor house. the county
Offices, salaries of public officials, sta
tiuncry, medical services. bridges, etc.
But it is Obvious that the amount
necessary for any one of these items
-.