davidaulloa/AmericanStories huggingface dataset:
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-04-01
None of Many Texas Banks
Dealing With Association
Has Become Dissatisfied
With Arrangements
BY RALPH SMITH

DALLAS, Tex, March 30
The Texas Farm Bureau Cotton
association, which is in fact. the
cotton growers cooperative or
ganization, has been financed by
seventeen banks and the War
Finance corporation. Of the parry
ticipating banks fourteen are
national and three are chartered
by the state. All are located in
cities and among the number
are the biggest and most sue
cessful financial institutions IN
the southwest, as follows:
American National Exchange,
of Dallas.
Austin National, of Austin.
City National, of Dallas.
Continental National, of Fit.
Worth.
Exchange State, of FIT. Worth.
Farmers and Merchants Ma
tional, of Ft. Worth.
First National. of FIT. Worth.
FIT. Worth National. of FIT.
Worth.
Guaranty Bank and Trust
company, of Dallas.
Lumberman's National, OF
Houston.
National\ Bank of Commerce,
Of HoustonA
South Texas Commercial Ma
tional, of Houston.
Stockyards National, of FIT.
Worth.
Texas State, Of Ft. Worth.
Union National, of Houston.
First National, of Houston.
Southwest National Bank, of
Dallas.
No effort was made to inter-
view the officers Of the several
banks mentioned and ascertain
the views and impression of
each concerning their business
relations with the cotton grow
ers' association. Such a course
seemed unnecessary, since none
Ol LI1G11l HIS UctChSo Jul VI I1lClI
original agreement with the as
ISOLATION, and the fact that they
still are doing business with the
organization abundantly justi-
fies the conclusion that they are
satisfied, if not pleased with the
cooperative movement. Then,
too, Nathan Adams, president Of
the American Exchange Ma
tional; j. A. Pondrom, president
of the lCity National, of Dallas,
and officers of other banks ap-
preached unhesitatingly de-
clared that the banks had been
well pleased with their business
relations with the cotton asso-
citation.
Contracts Legal
1t is pertinent to observe, how
ever, that before any of the
banks extended credit to the cot
ton association in financing the
1922 crop, the opinion OF the
best lawyers in Texas was
sought as to the contracts and
marketing agreements involved
as IAN integral part of the CO.
operative movement: The banks
were advised that the contract
and marketing agreements were
legaland biding, in an opinion
by Smith, Robertson & Robert
son, attorneys for the American
Exchange National bank, of
Dallas.
1--WE have investigated
whether the Texas Farm Bu-
reau Cotton association, under
it's charter and under the mar
keting contracts entered into be-
tween it and it's members, has
the right to borrow money and
as security for loans to give a
lien on the cotton delivered to
the association by it's MEMBERS"
says the opinion.
"The marketing agreement
provides that the grower shall
deliver all cotton raised by him
at the earliest reasonable time
after ginning to the order of the
association, and il Paragraph 8
provides: "The grower agrees
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03
WHERE THEY GET IT.

Admission that the Republican
National Committee is to spend al
least 100000 in the present Con-
greSsional campaign were made by
Fred Upham, Treasurer of the or.
Hanization in an interview with an
Washington representative of the New
York World. OF this amount he is
quoted as having said, $3.50 900 will
have been expended by October Is.
The balance Of a quarter of a mil
lion apparently is to be reserved for
the cNi"cncieS Of the last twelve
days of the campaign.
Those familiar with the efforts
the Republican National Committee
and the Republican Congressional
COMMITTEE are making in various
parts of the country arc not accent
ing Mr.. Upham'S figure as large
enough 10 meet the expense of hOr-
dies Of speakers, vast quantities of
literature and Hoods OF other DroD-
uganda being sent into every quart
er OF the country bv t:lc Republican
managers. 1t is believed this is one
of the costliest Congressional cam
paigns the Republicans have con-
Quoted in years.
II is common report in Washing
ton that since the Republican Con
arcss passed the profitecrs' tariff
law, defeated the soldiers adjust
cd compensation bill and set the
stage for the enactment of the ship
bonus bill, large contributions have
been made to the Republican CAIN
paign fund. The delay of the shin
bonus bill it is commented, has
proved to be an advantage to the Re
publicans in Obtaining funds. The
bill has no chance of passing in n
Democratic Congress.
II is only question of the people
going to the polls and voting free
and independent or being gulled
ito voting by paid politicians.
Men elected to Office under the in
flucncc of large campaign funds,
no matter how that fund may be eX.
pended will never serve the people.
In all the history Of the world
this has not beer done and it is
hot being done today. +
When men invest money in any
one thing they expect to get returns
for the investment. Likewise when
men and corporations invest money
in a political campaign they expect
returns.
Voters be wise and vote for your
interests and not for lie purchased
hirlings Of the moneycd interests
purchased by large contributions.
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03

Republican Senators with the en-
c"ptlCn of Senator Borah of Idaho
voted for the tariff bill which they
confess to be against the interests
of TIE American people. Why did
they do 1t? Simply to please the
moneycd interests who have control
Of the Republican machine and who
finance that machine.
People of Grccnmicr regardless
of party; how are you going to vote
on November the 7th2 Are YOU 90
ing to vote in the interests of the
American consumer who paws this
money into the pockets of the prof.
tccrs or arc you going to vote for
the benefit of these protitcers?
The above facts are not from Dem
ocrats they are from Republicans.
1t is their own evidence. 1t is plain
~ up to the American voter.
Make your tN) under the Rooster.
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03
Nicely THE SOLDIERS FRIEND.

VI. VI. Nicely as the friend and UNI
firing worker for a square deal and
Justice for the American Soldier
who make sacrifices in the defense
Of their country is described in an
article in The National Tribune
Washington, D. Co.. which is the
organ O fthc National Guard Veter-
ans of all wars. While Mr.. Nicely
was a member of Congress, the
Tribune in an issue in 1920 long
before passing THE buck on the bon
us became popular, commented on
the man who is now the Democratic
candidate for United States Senator.
as follows:
Representative VI. VI. Nicely, of
West Virginia, who served as Il VOL
untcer private in the Spanish Amer
lean War, has stood in the front
ranks fighting for pension lcyiSla-
ton for the soldiers of all wars.
Hundreds of those whose lives have
been torn with pain because Of
wounds or disease contracted on
the batilciicldS or in the prisons Of
the Civil War have for wears known
through personal bcncfactionS of
the heart that Representative Nicely
has put into the work in the nations
Legislative body, especially where
war victims have been concerned.
During the 65th Congress he had
passed ~ private pension bills for
veterans or their dependent ones,
of the Civil Or Spanish American
Wars. There is no other member
of the Goth Congress who had pass
ed half as many special bills. Thus
he was able TO make an unprcccnd-
cntcd number Of very deserving men
and women in his district comfort
able and happy by having the dread
OF the poorhouSc removed. 1t also
gave them new confidence i'm the
gratitude of the Nation
Soldiers! on November eth. re-
member that you have NJ. VI. Nelly
as a friend and worker for YOUR
future welfare. Give him your
VOTE.
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03
ECONOMIES" OF HARDING ADkInISIRA.
ADMINISTRATION.

For three and half years the Re-
publicanS have absolutely controll-
ed the Congress and for nineteen
months have had all branches of
the government. The war ended
about four years ago; all Wat cx-
pcnscs have ended, excepting inter
cSts on bonds; the care of the injur-
ed soldiers. and orphans. and certain
Other SnalIcr items. After dcducling
all OF these il is found that iht pres
ent administration is spending more
than twice as much per annum ms
the Wilson Administrator was using
Just before i,.C World War began.
The full figures can be obtained from
the recent very able speech Of Sen
atOr SimminS in the Senate. For
more than year every Republican
that has made a speech on the sub
jcct Is loudly clain,Cd that the nd
irirjStration wac saving morry and
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03
4 CALL TO DUTY.

If men and women are ever to
strike for relief from Government
and taxes piled upon them mountain
high without adequate returns, the
tune is at land now. Democrats
and Republicans should cast aside
their craftsmanship and pull together
for dclivcranCc from a situation
that * running them. With . Rcpub-
lican President in the White House,
q Congress overwhelmingly Rcpub-
lican in both branches. a State Gov
rrnmcnt IN West Virginia that is
seli''y Republican and I.cgisla-
lure that has been Republican for
many years and is IRcpublican by
two-thirds majority in both branch
cS now. and with Il country that is
wholly under Republican control,
the people know who is responsible
There can be no possible way to
misplace responsibility.
The taxpayers are complaining
as they never complained before
and if they wait much longer tfiey
will have little left to tax. Particu-
larly has the Legislature of West Vir-
ginia paved the fool. There are too
many crooks in high places. Re-
publiCans us well as Democrats
know that this is so.
IT Is high time for everybody to
get TO work to relieve this intoIcr-
able situation. II cannot be done by
idle complaints. There must be
work-diligCnt work. II is no time
to say "1n too busy" II is YOUR
business that needs attention your
business that is going to ruin and
will suffer for at lcat two wears
longer unless YOU strike for relief
ut the polls on November 9TH.
Citizens awake, awake put on
strength. "---HOnrOo Waterman.
The people Of trrcnbricr cao we'll
take warning. There arc other
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03

cutting appropriations. They hav,
used every system Of juSglig known
10 financial sharpcrS and three card
monte men, but in the end President
hi mSclf faced by the fear of the
bonus adding fresh ADVERTISEMENTS
to the Treasury, has had to admit
that all their claims We're false. In
the necessity of giving a clinching
reason why the bonus should not be
paid he admits that the expenses of
the Government in the present fiscal
year Cfrom midnight June 80, 1922
to midnight June 80 1929 are run
ming two thirds of a billion ahead
of the income of the Treasury. 1t has
not been a month since Republican
leaders in Congress were vociferat-
ing loudly about saving seventy
five millions per month; only few
months ago General Dawes listed
hundreds Of items as Saving" most
of which were uncXpendcd balances
of appropriations, some Of them 18
or 20 years old. But all were listed
as saved this year" One was an
old unspcnt balance left after dig
Iging The Panama Canal; another was
the SUM of $4,000 voted Is years
ago 10 the widow of New England
Senator: she was rich and would
not accept it so it remained in the
Treasury. 1t is now claimed as one
of the economics" Of the Harding
administration. A few years of such
"Cconomy" would put Uncle Sam
in the hands of the Sheriff.
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03
SEEK Hl6HER IARlEE.

Already the profitcers who GOT
more protection" than they need
ed but much less than they wanted
in the Fordney-NlcCumber Tariff act
arc claInoring at the White House
for the privilege Of lcvying still
heavier taxes on the American peo-
pie. Under a provision of the law
the President is authorized to
"equaIizc" tariff rates by either rails
ing OF lowering them within certain
limitations. The Tarff Commission
is directed TO furnish the facts as the
basis for the Presidents increase or
decrease Of duties.
Political pressure is being cxertcd
by some of these applicants for in
creascS in the hope that a show of
strength will produce favorable re-
suits. 1t is announced by the Tariff
commission however that time will
be taken TO formulate rules govern
ing its action on applications; to
IrcStigate conditions and to do other
things so it is unlikely that any rate
will ke changed before the Novcm-
her election. $500 It 49,,
The public is becoming acUuaint-
ed with Tie effects Of the new tariff
which already has increased prices
on all kinds Of necessities. TO add
to the burden which the Fordncy-
McCumber law has placed on the
backs Of the people would be risky
move for the Republicans with the
Congressional election so near.
Increases in the tariff will be
made without any public hearing Or
other publicity. The applicants
may present their demands without
fear that DIRECTORS will have a
chance to prevent the increase. Sen
ator Reed of Missouri and other
Democrats attempted to amend the
bill so as to require public licarings
OF applications for increases i'm the
tariff duties but the Republicans OF
the Senate defeated il.
ii is stated that "at present it is
the policy Of he tTariT) Commits
sion TO withhold information as to
The number and nature Of tho appli-
cations but it is understood they
have have been received from var
iOuS interests"
The only notice the public will
get apparently is thr notice io pay
the higher rate.
Herein lies the Joker of the new
tariff. 1t is given The President the
power TO lower or increase tariff
rates This can he done and The
pubic viii be none the wiser.
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03
ECRolS IS MISSED FROM PLATFORM.

Congressman l.. S. EcholS Repub-
lican candidate for reelection. was
Missed from his speaking platform
in the Knights Of PythiaS building
ut Oak Hill October 27th. when he
started his criticism of the Wilson
Administration and the management
Of the war problems. The audience
would not permit him TO continue
and he left the building.
Mr.. EcholS was given good attcn-
ton during the first Of his speech
but when he began criticiSinG Wood
row WilSonthc Kissing was so great
he could not continue his speech.
Police escorted him to lis hOtcl.
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03

Scene: Washington. Time: Present
Enter crowd Of men sleek and am
dominous, and glistenins in dia-
monds like a pawnbroker's show
window. Forming a semicircle in
front of the Capitol they burst forth
as follows:
We are jolly profiteers
Our, gains are growing fast
We're fattcr than we've been for
years q.
Since Fordney's bill was passed ':
Come, Trusts; and join our hearty
cheers
For what was done for prolitccrS
They retire to make room for an
other group, also showing signs of
good feeding and prosperity. These
later draw forth 81 .000 bills which
they wave vile they sing in this
manner, to- Wit:
Here we come, gay buccaneers
Please not how big We wan;
Since Harding has relieved our tears
BY cutting down our tan.
Republicans, amt they dcar>
To b" so kind TO buccaneers?
They quickly replace their 81 900
bills in their pockets (which they
button as they range themselves by
the profiteers) and give way to an
ohcr band. The latter carol in this
strain:
We're. mighty glad we're privatecrs
That roam the briney deep
The bill that Mr.. Laskcr steers
Will give us vessels cheap.
What care We for peoples snccrS
While we're successful privatecrs.
They fall back on the right flank
of the profitcers to give room for a
group carrying red flags and NAL
lets. the latter in deep voices MARBLE
in this fashion,:
We're just a crew Of auctionccrs
With Senate Seats for sale
wen Stdrt you out OH tht '"'''''
Our methods never fail
A quarter million gets sin years
OF glory from us auctionccrs.
All groups then assemble for i IT.
tie close harmony and chorus I'D
this wise:
Hurrah; huzza and three big cheers
We're profitccrs and buccaneers
We're privatecrs and auction'c'S
Our hearts rejoice; as YOU may >''
Enjoying great prosperity;
For which we thank the Il. W. T.
Tariff and taxes and subsidies
Senate scais--.whatcvcr we p''"N, Sc
We're quite content; We MAKE Nv ~
The &. q. p. is fine for us.
The above poem presents .''o,.
truth than poetry. In recent 's, ,"d
of the Independent VIC pre>,"|,h
Republican evidence of the ''I w.
brought out in the above. il IS , ,is
final consumer who pays for a'' W." ~
it is they who can not pass u y"
the other fellow. ~
Help to correct these wro's' ~
VOTING Tuesday, thc TIN VII" ~
under the Rooster.
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03

Ii occurs to us that many people
may be puzzled over the work ings
OF a high tariff. In short detail VIC
will give an example. An American
importer Of goods from foreign
country may make an order for
100000 worth of goods. The tar
Ill tax he will have TO pay let us say
is 20 per cent. This makes the
goods cost him landed in the United
States Sl20.0OO. This S20:UUO is paid
into the United States Treasury. Ii
is tariff duty. TO this Sl2U,UU is
added the profits of the importer
the wholesaler, and the retailer.
This is the actual workings Of a
boneticd tariff. The duty in this
instance goes into nle hands of the
Government as revenue
But now comes another question.
What about the American nranufac-
tuer of this same line of goods? or
combination of manufacturers? p
which are termed trusts. He pro
duces 100000 worth of the same
line and grade of goods at his Amer
lean factory. BY reason Of the com
binationS competition at home is cut
out. There is no foreign competition
until the $4,000 mark is reached.
Hence the American manufacturer
is enabled to charge for the $780,
o0O worth of home produced goods
anywhere from 100000 to $780,.
600 depending entirely upon the
greed Of the combination and their
Willingness to rob their home
people. This $4,000 in this instance
or any portion of the $4,000 the
combination may choose to exact
is taken from the pockets of the
American consumer and placed i'm
the pockets Of the combination Of
American manufacturers. And as
is the case with this example, so it
is all along the line. This is why a
high tariff is called "Robber
Tariff" This is why so many Repub
lean United States Senator's and
Representatives and all the Demo
Gratis in Congress denouncc the pres
cnt tariff bill and so many news
papers of all parties. The question
naturally comes up-Why such a
high Tariff? Why this lack of in
tcrcSt i'll the great majority of the
American people who gain nothing
from high tariff but as the final
consumers must pay it?
1t all comes back to the bed rock
fact: Whence does the party which
advocates high tariff get its cam
paign funds OF millions of dollars
each campaign? When millions of
dollars are furnished to conduct n
campaign the people and interests
furnishing the money must have
the money returned to them in some
way. They are not in the campaign
financing business for their health
or: ~. u pasStimc. They are in it as
a purely none, making and bust
ness proposition.
> Voters Of E..r.cenbrivr County, re
49, nicSs OF party: what does your
conscience and better intelligence
say to you? Are you going to vote
for EchOlS and Sutherland for a con
tinuation Of this method or arc you
going TO VOTE for TAYLOR and
NEELY. who when in Congress will
vote for Your interest and your
pocketbook and not for the COM
binations Of great wealth. 1t is UP
to you. November the 9Th. 1922 is
your day. DO your duty as an
American citizen for the greatest
number of American citizens.
",1 lx.l -
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03
FARMERS ARE coMMe OUT,

An independent Republican paper
quotes the bulletin issued by the
Bureau Of Agricultural Economics;
Department Of Agriculture, Wash
ington, ID. E.. for OCTOBER as follows
1.-The farmer is about i'm the posi-
ton Of siN-foot man who has been
standing in five feet Of water and
now sees it beginning to rain. When
dctlation overlook the country in
1920 agriculture fell first; hardest
and farthercSt. Ii seemed to recover
little last Spring as prices of cot
ton; hogs and wool improved. But
now the disparity is again so widen
ing between prices of farm products
and industrial products that it is
Becoming something for the comml-
nifty to take account of.
This is the third successive wear
Of big crops. That is the farmers
way Of trying to pull himself out of
hole of debt. He does not strike.
His stake in the country outwcishS
his grievances. He works.
For all his hard work however:
the turner's world stays out of Joint
His purchasing power has lately
dropped to just about it's lowest
point since the wharf.-the quantity
of farm products that would buy
500 worth of other things in 1913
will now buy S64 worth. Industrial
labor demands wartime wages.
Freight rates are high. Taxes are a
burden. The weakness Of the En-
ropcan market is drag on his
wheat; cotton and pork.
Ii is not alone that farm products
stay low but that manufactured
goods have again started upward.
Farmers are looking out now from
their harvest fields and wondering
when REIMBURSEMENT" is likely to be-
come something more than a figure
of speech.
The foregoing was published after
the administration still in power
had passed its own tariff law.
West Virginia will elect a l.cgis-
iaturc to be boSsed or not to be
bosscd. School boss advocates five
thousand dollar SALARY for county
superintendent: vacation pay for
teachers; new text books. Perhaps
ne can have the law amended so as
TO change the other seventy per cent
of school books while the prices are
high. Right recently boards of edu-
cation are having a "sanitary closet
proposition for country schools. If
same is being promoted by the De-
partment in Charleston we have our
doubts as to the thing being very
SANITARY"
Yes farmers are coming out to the
polls next Tuesday. But there is
danger that men and women: Demo
Gratis in every locality; fail to 20
and vote. Patriotic people lets "get
into the game" Independent Re-
pltblicans are helping us: we must
help ourselves.
The Democratic ticket is pledged
TO a platform of economy and lust
taxation in State and Nation. We
are asking our people to support
the whole ticket from top to bottom.
w. w. STEVENS.
{ Anderson w. Va.
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03

counties in the State in the same
boat as Monroe. Under Republican
rule, Raleigh county is behind and
il will take Years for that county
to set past debts paid.
Voters OF GrrcnEricr, watch your
VOTE on Tuesday. Vote for Alfred
q. Davis and Economy.
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03

Rcporling total contribution" '.n,rri
more than 100000 as corr P,nly
with a Democratic total Of ;, "
500, 900 three campaign c"l,'','', ,,rr
Of the Republican party ms" ,!Ilrk
liminTy statements win wv ';,r>
of die House Of RCprrscI''"'''
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03

Democrats see that every '
cratic votCr--I,cn an"
votes November IUl.
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03

TARIFF FOR PROFlrErhS.
TAN REDUCTION FOR Br,r,>rrv,
SHIP SUBSIDIES Fon PRIvArrrps
SENATE SEATS FOR .AuCrio>rrps
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03

Don't forget to make lN) under
the roster on November 7th.
Greenbrier independent. [volume] (Lewisburg, Va. [W. Va.]) 1859-1980, 1922-11-03

Don't fail 10 VOTE Nor'''''' .