Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1922-03-24
Snaps s.ud faets.

a bribe of $4,000 to deposit $15OOOO
of state funds in the Guaranty state
bank so it could continue to operate
in an insolvent condition. John r
Cook, former president and John H.
Rebold, former vice president have
been arrested on the charge Of having
willfully and feloniously paid over the
bribe.
Dallas. Texas, March 21-Judge j..
A. Pelt, 63 years old, was spirited
away from his home by unmaskcd men
last night and early today it was
stated he had not returned. He was
Justice of the peace at Sour Lake for
several years. The judges wife said
that she and her" husband were sitting
IN porch swing when some one came
and demanded Judge Pelt. The men
seized him and when he resisted, Mrs.
Pelt said, he was dubbed with pistol
and dragged away unconscious. 1t
was reported that q man answering
the iurist description swung off Gulf
Coast train at midnight and that he
had a coating of tar and feathers.
Mrs. Pelt said that within the past
week her husband had received three
letters signed "Ku Klux Klan" warn
les him to leave the city.
New York, March 2l--The answer
of the textile workers to the manu-
facturers' demand for a 20 per cent.
wage CUT Is a counter demand for a
fifty per- cent. reduction In capitaliza-
tion of manufacturing firms in the in
dustry, Russell Palmer, secretary OF
the Amalgamated Textile Workers OF
America, declared today. His state
ment was based on a report of the H.
nances of the Consolidated Textile
CORPORATION, made public by the Labor
Bureau Inc, economic advisers to the
union" Describing this corporation as
"about the, largest single factor In the
cotton industry" the report stated
that it owned b. b. and r. Knight.
The leader of the present move for
wage reductions in the PawtuXet
Valley has seventeen mills in Rhode
Island and Massachusetts and at least
ten mills in the south. Converse and
Company, the report said, has eXclu-
sive control of the output of nineteen
other southern mills besides those di-
rectly owned by the Consolidated
Jacksonville, Fla, March 21:-
Henry Ford will not get the Muscle
Shoals property, in the opinion of his
sidekick, Thomas A. Edison, because
of too much politics" Mr.. Edison
discussed a broad range of topics be-
tween trains here tonight as he pass
ed through en- route to Ft. Myers,
where he maintains winter home.
Mr.. Ford Is to join him there tomorrow
night. wall street is fighting Ford
and Eord. is fighting back" Mr.. Edison
said. "The fertilizer interests and
Wall street are as one and politics
will keep Ford from acquiring the
property" Mr.. Edison's inventive
genius continued to function during
his short stay here. When told that
recent liquor seizures in the state dis
closed the contraband hidden in ship
ments of grape fruit, he suggested 1t
was rather crude work. The liquor
should be imbedded into the fruit
itself, he said. by means of hypoder-
mic needle. Radio phones will hardly
displace the telephone, Mr.. Edison
believes. When he first invented the
electric light he thought 1t meant the
end of the gas companies, he said, but
observes they are still with us.
..- Stocks of American cotton totalling
1907 900 bales, were consumed by
Great Britain, France, Germany and
Italy during the six months lending
January 81, according to a cablegram
Wednesday received by the Depart
ment of Agriculture. This is an in
crease of so per cent. as compared
with consumption of 1,275,S10 bales
during the preceding six months and
an increase of more than 100, 900 bales
as compared with consumption of l.
7S9,302 bales during the six months
ending January 81, 1921. The increase
in Great Britain also was nearly 100
per cent. as compared with consumpt-
ion of 520,393 bales during the six
months ending July 81, 1921, but de-
partment officials pointed out that the
latter period was in large measure due
to the closing down Of the Lancashire
mills for several weeks on account of
a strike Of operatives. The figures
were obtained from the International
Federation of Master Cotton Spinners'
and Manufacturers Association and
also showed that on January 81 there
were .56;420,000 spindles in Great
Britain, 100000 in France, 100000
in Germany. and 4,550,OO0 in Italy,
Stocks of American cotton in spinners'
hands January 81, amounted to $4,000
bales as compared with 505.S13 bales
July 81, 1921, and with 4S6,922 bales
January 81, 1921,
The conditions under which the
reparations commission will grant
Germany a partial moratorium were
lIOlll dIlS OU y.
They include perfect autonomy for the
Reichs Bank and new legislation to
prevent evasion of German capital, the
legislation to be ready for application
upon a, fixed date. A number of re-
forms in German financial methods
are stipulated. These must go into
effect at fixed dates, beginning May
81. New resources for reparations
money must be found AMI the funds
collected under the control of the al
lied committee on guarantees, which
will pass upon their effectiveness and
probable yield. If they are found in
sufficient, the reparations commission
Will consider q number of other
measures, including a domestic or for
eiGn loan and eventually a levy upon
capital in Germany. 1t is stipulated
that if reparations payments in kind
to the value of 1,540,000,000 gold marks
yearly are not entirely delivered the
balance may be required in cash. If
the German government fails to apply
the reforms upon which the partial
moratorium is conditioned the allies
may resort to the terms of the annex
to the treaty of Versailles authorizing
them TO take further pledges as
guarantee for reparations payments.
1t is coming out from London as
Il kind OF trial balloon to test inter-
national sentiment that England
would be glad to make an arrange