Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1922-01-25
"High Finance" Makes Other
Observations.
CONTINUED from page one.

W0ulQ De q ldfo1 w ihA0ih1 M
few current facts.
The president has been very, very
good to us and we think a lot of him
and his boss, l%ieutenants and subs. AT
the same time the public, especially
the South and West, have caught it
in the neck. 1t is a matter of indif-
ference to US as to some of the pub
lie acts of the Federal administration,
as we pay mighty little tax. You are
aware, Mr.. Editor, that we rich fnan-
ciers have u property in securities
that are exempted from taxation. The
game we played in the Liberty bond
business-we suppose your people
never thought why their bonds were
dragging on the market, somewhere
down in the eighties-we had a
squeeze that ws;knew would bring the
goods our way and it has, like all our
other plans. The would-be coal, rail-
road, longshorement, meat packers,
and many other strikes that never
struck, the last bank squeeze was all
big stick play, which brought the
Southern farmer across with his cot
ton at our prices.
Now, Mr.. Editor, since Mr.. Hard
ing's slip at Birmingham, things have
been running smoothly. He has called
a meeting of all farm organizations
to see what. a be done to relieve
the pressure. He knows that nearly
all the cotton in the South was forced
on the market and as it is now in the
hands of the money power, he thinks
it time to speak, subject, of course, to
orders. Cotton will go up possibly
and the northwest will quit burning
their corn.
Some acts of u Federal govern
ment, emphasis on "our," I will now
direct your attention to. They may
leave a bad taste in your mouth, but
facts are facts and the game must be
played our way. Truman Newberry's
friends spent 100000 for his sewn
thousand dollar job. We'll, it was ne,
cessary to have Mr.. Newberry with
us. The sale of 200 government ships
that cost 100000 to 100000 for
$1,000 each with only N bidder.
Several sets of ours, whose loyalty
to the G. o. p, is beyond question,
had been out in the cold during Mr..
Wilson's administration; they had to
be cared for. We made good places
for them and paid them anywhere
from $4,000 to s25,00O; they just
held some office, that it all. Now, if
Uncle Ford had been there we could
not have worked it, besides the U. S.
courts ruled that Mr.. Newberry's
friends had a perfect right to buy
him his seat in the senate.
Another act of the administration
that might seem queer and that is the
appointment of Mr.. George Harvey
as Ambassador to England. We all
knew George was nutty and made a
fool of himself, but we had to have
his kind to justify u action in the
League of Nations pact. We can't
help his %disgracing our nation. We
were after handling foreign securi-
ties which we bought at our own
price. We can't help the hardship,
starvation and death of the millions
by staying out of the league. The
situation of your Southern railroads
one of your best roads can be bought
for a song, preferred stock at Az.
We think of taking it over.
With all our feeling of security,
there is a cloud that looms up, which
may cause US some trouble. 1t has al
ready gone wild and gotten every
thing it has gone after. We refer to
the Agricultural Bloc in the senate.
These fellows keep us guessing. One
of your own men seems to be lead
ing the whole push, E. D. Smith. We
can't see what your newspaper peo-
pie and business folks think of send
ing a farmer to the senate. Why
don't you do like most all other
states, send your sharpest lawyers?
They know how to legislate for the
folks like US.
We also find another fellow from
your state, James Byrnes in the
house. They say he is a lawyer but
acts like a farmer. Now, Mr.. Editor,
we hereby call on your fellow citi-
zens who want laws that will make
farmers, wage earners and produc-