The Pickens sentinel. (Pickens, S.C.) 1911-2016, 1922-10-12

DDcT
cancellation Of orders with entire alb
sence Of fresh demands. On Tie Lon.
don market Wednesday German marks
| struck new low level. About 1000
ol Them could be bought for dollar,
THE American Bankers nssocia.
= ton. In annual convention in New
lcrk, was addressed on the subject OF
the allied war debts by Kt. Hon. Reg.
maid Mckcnna. former chancellor Of
Great Britain, and now chairman Of
the largest bank in the world. He
sald england was able to pay her
debt to the United States in full and
would do so, but he suggested that
the bankers use their influence in
1ovor Of postponcncnt Of payment by
any others Of our creditors. Mr.. Nc
hcnna warned his hearers that an at
tempt TO enforce payment Of the war
dcbt beyond the ability of the debtor
nations to ral would be franght with
tile most serious consequences fGI, the
United states, rs well as the countries
ol Europe There would be an incv.
ltabic~ injury to the international
7 >tradc OF 'hc whole world, reduced
proiitS, la~cr wages, and uncnploy.
lncnt, lower standards OF living.
AS a solution Of the problem he
suggested that "a full and frank" con.
ference between the debtor ana cred
itor nations should be called in order
70 discover the exact amounts that
could ultimately be paid by the ma.
tons unable to meet their debts in
full
After warm debate, the associa.
ton adopted by a viva voce vote res.
olution declaring that lit viewed with
| alarm" the tendency toward the es.
tabllShlng OF branch banking in the
unitcd states and expressed It's oppo-
sition to any branch banking in any
1orln by either state or national banks.
The banks OF the towns and smaller
cltics were far too strong numerically
Tor the big bankers who protested that
brhncil bank system must prevail. John
II. Puclicher of Milwaukee was elect.
cd president Of the association.
OVERNOR HARDWICK OF
- Georgia was desirous that his
state should be the first to have y
woman United States senator, so he
appointed TO succeed the late Tom
watson, Mrs. William II. FELTON,.
eighty-sevcn years old and dis.
unguished for her work in the causes
OF temperance ana woman suffrage.
AT the same time Mr.. Hardwick nm.
nounccd himself candidate for tbe
unexpired term Of Watson. The cleo
ton Is to be held November z md
there is no chance for Mrs. Fclton to
Qualify before that date by taking the
oath OF office in the senate chamber
Authorities In Washington are wonder.
ing whether or not she will be en-
titled to the salary and to the frank
ing privilege and other prcrogatives.
Anyway. she has the distinction of be.
Ing the first woman to be appointcd
united States senator with credentials
duly made out and sent to Washington
by a governor.
TiIAT the prophecies Of another
coal strike next spring will be
fulfilled was made fairly certain bv
the action OF the policy committee of
the United Mine Workers Of America
Wednesday. 1t rcafiirmcd the demands
Of the February, 1922, convention of
the union In indianapolis. demanding
the continuance of the present wages
In coal mines until 1925, and, in addi
tion, the six-hour days and fvc.day
week. time and One-half for overtime
work, and double time Oh Sundovs
and holidays.
According to Il bulletin sent out by
Is. M. Jewell, S3 railroads, operating
about G5,000 miles Of line and employ.
Ing between 125,O00 and 10000 mem.
bers OF the shop crafts organization.
have settled the shopmcn's strike with
their system federatons. The latest
road to join the peace ranks Is the
Chicago Great Western.
FOREST fires in northern ontario
4 have destroyed the mining towns
Of Hnileybury, North Cobalt, Charl-
ton and Heaslip, and several other
towns have been partly burned. More
than 5000 persons were rendered
homeless and there was considerable
loss Of life. Refugees from HALEY.
bury arriving Mt North Bay said be.
tween so and 100 persons were
drowned when they were crowded
from dock while trying to board
rescue ship.
Northern Minnesota also is suffering
severely from forest fires, some small
settlements have been wiped out and
many more are threatened.