Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1921-08-26
TIRZAH PICNIC
Wannamaker Flags the Policy Of the
Federal Reserve Board.
THREATENS STRIKE OF FARMER
Crowd Not Nearly So Large as Year
Ago-Hamer, johnson, Wannamak-
err and Rivers Speakers-Chanses in
Reserve Bank Policy Demanded.
(By Staff Correspondent.)
(By a Staff Correspondent.)

Reserve Bank Policy Demanded.
(By Staff Correspondent)
Tirzah, August 25-Charging that
the Federal Reserve Bank board
has never given the Southern far
mers or other Southern interests a
fair showing; but had constantly prac-
ticed favoritism toward the north and
east, j. Scottowe Wannamaker, presi-
dent of the American Cotton Associa-
tion addressing 1000 farmers at the
Tirzah picnic yesterday declared that
If congress did not Immediately amend
the Federal Reserve act so as to pro-
vide loans for the agricultural activi-
ties at lower rate Of interest and
making provision whereby agricultural
credit should be extended from plant
ing time until harvest time, he propos-
ed to call a national convention Of
farmers to be held in Washington the
middle Of September or thereabouts to
consider the idea of a nationwide
producers strike. Twenty-Five farm
organizations had promised support OF
the movement. Despite the fact that
80 billions of dollars is the value Of the
agricultural interests of this country
there is not single farmer included in
the personnel OF the Federal Reserve
Board" he declared. They have
made loans to New York banks
when they would not loan southern
banks money; they have rediscounted
the paper of northern cotton mills
when they refused to do the same
for southern cotton mills Indeed
the whole attitude OF the money pow
ers of the east and north toward
the south is one of regard for the south
only as vassal territory"
He charged as a malicious lie the
story that had been spread that he
sold his 1920 crop of cotton at profit.
81 have every pound Of cotton I pro-
duced last year," he declared. Il could
have sold at profit by reason OF the
information had. could have made
$500, 900 or 100000 but l did not sell
with the result that / am personally
financially strained although l still
have honor"
The picnic at Tirzah was attended
/ by about $500 people the crowd being
but little more than one-third as large
as that which attended the first agri-
| cultural rally at Tirzah last August.
The meeting was opened with prayer
by Rev. J. X. Walker pastor OF Olivet
Methodist church shortly after II
O'Clock, being called to order by Jas.,D.
Grist.
State Association.
r. C. Hamer Of Eastover, president
Of the South Carolina Cotton associa-
ton, delivered brief address in which
he outlined the accomplishments Of
! the South Carolina Cotton association
and spoke of it's future plans and pros
poets. He mentioned the American
Imports and Exports Corporation or
ganiZed through the Cotton Associa-
| ton last year and declared that 1t had
made profit the first year despite the
financial stringency and fierce opposi-
ton. Stockholders Of the corporation
will receive within the next few days
"a letter that will please them" he
said.
He discussed the,Co operative Mark
citing Plan being promulgated by the
Cotton Association and declared that
already owners of 1900 bales Of cot
ton had signed up to market that much
cotton through the association. CO.
operative marketing was being pushed
in Marion and Spartanburg counties at
the present time and 1t was hoped
that the idea would spread over the
state from those two counties, he said.
DR.. J. b. Johnson, president OF the
York County Cotton association IN
introducing President Wannamaker
pointed with pride to the progress that
was being made in diversified farming
and in the county wide growing OF
food stuffs and expressed the hope that
York county farmers would not only
grow sufficient food stUffs for home
consumption but sufficient to supply
others who had not seen the light
Hon. J. Clifton Rivers, state ware
house commissioner was the only
: speaker at the afternoon session, be-
ing introduced by John r. Blair, YORK
County Farm Demonstration Agent.
Mr.. Rivers reviewed the growth Of the
state warehouse system and undertook
10 show it's value to the farmers OF the
state.
Coming 10 Tirzah direct from Wash,
| lnEtOH WneEC ne Il dpptsil Gu D'IOi' 81 Vim
mission appointed for the purpose OF
inuuiring into the causes of deiiatlon
President Wannamaker who was the
final speaker of the morning session OF
the picnic declared that the appoint
ncnC of J. Ogden Mills, business
partner of ]. Pierpont Morgan and a
man who has made millions out OF this
deflation and decline in prices as a
member of this agriculture commission
: is a disgrace TO American civiiiza-
ton"
"I made the mistake OF my life in
1920 when | called off the campaign OF
the American Cotton Association for a
, reduction in cotton acreage. il was
called off only after Secretary of Agri-
culture Houston had promised that the
war finance corporation would func-
; ton and provide for the expectation
of our cotton TO Europe"
Mr.. Wannamaker reiterated MS
charge made in Washington this week
that the Federal Reserve board has
: paid publicity men and declared that
he had proof that one of those men
was paid $4,000 per annum.
I Every government in the world
with the exception of the American
government stands behind its work
ers" he declared. Governor Harding
and the Federal Reserve board as al
n present constituted are harrassing and
embarra ssing the workers of America