THE DUN> DISPATCH Volume VII ■ _Dunn. North Caro! r 22.792a ’ ""^NwlKr 56 NO NECESSITY FOR RUSH FOR FEDERAL FINANCIAL RELIEF 1".ester Says Thcres Only An Unreasoning Cot ton “Scare” GIVES OUT STATEMENT FOR BENEFIT OF PUBLIC Declare* South’* Institution* Are Solid And Bank* Art In Splandid Condition And *W# Need Not Bo Foread to Sack Outside Of Our Own Section For Solving of Problem*.” (Statement by Herter About Cotton) New Orltu.no- Oet. 20.—1* a .tat* meiit sanctioned by the member, of the New Orlcana Cotton Exchange di rectors and made public tonight, Henry C. Hestor, secretary of the ' exchange, and for fifty year, regard rd a. an International authority on mattciv pertaining to cotton market ing, declared there i. “no reason for rushing for Federal financial aid,'' an.l asserted there ora* "nothing the matter with the South beyond an un reasoning acarc in cotton.” The statement, prepared “for the bem-At end encouragement of tho.r whu are not fully informed,” fol low.: nr nMier i oillsatni "The drastic decii»r that hu« oc curred in cotton since the litit of August, amounting to nearly 4!*0 u bale, or about 48 per cent, ha# been ms My due to the preskue to sell on a shilnkxge market, undermining confidence of both sellers and con umert, accentuating the fears of the former and increasing the celuctanco of the latter until they practically abandoned the market except at con stant concession*, which in the ag in gate probably constitute the green ed drop Lhut ha' ever taken place In the staple in any liks period. In the pi 1 ten weeks more than a million balsa of apot cotton have literally hern thrown overboard* without rh>mr or reason. Nearly three fourths of the Texas ginning! to 8ep tsmbrr 26 have been rushed to mark et and While other auctions have sold ■ore sparingly, the reported sales at three leading Texas centers have amounted to more than 800,000 balea VuUirsarhavs perforce followed spots. .* the pressure having been accentuated li m* f^H mm i mm “Various theories have been ad vanced for the ••scare,” mainly the question of financing, unfavorable altitude of the Pederal Reserve Bank, and tight money. Neither however, ehouki reasonably have pre cipltated practical panic. Calm thin ks » consider them was no more rea son for luuchiog for federal aid than during the 'Buy a Rale* period of 1JI4. V/'c market!a that year more than w»' ever marketed in any year In the history of Irsdo and if we did not get a* much for our balea as we -hould have done. »c la*® »he foun doton of- an upward trend and brought unore money into the South, tu rly earned, in the years that fob loved, than had ever before been obtained in our history. Why then should be after four acetone in which our row cotton, Including the seed, has exceeded ia value seven billion*, rlre hundred and seventy millions of dollars, balk at carrying a few million tad*5” pen®;1'* « Umporary lull in demand? Hu »»t that very lull been lengthened by the senseless and umoaaoning tear* of producers? Goviraaaaal Nat Blamad “Of eour»c. everybody knows that the government effort to lower th« hlnh cost of living haa exercised some inflat nee, but Ihnt has been by no ffl.an* entirely responnble for the cotton panic. Let n* look at the gov ernment bgu’T* for the month* of Aoguat and Soptemt-cr 1920. In fare of .all the talk about reduction of eon SBmption.wc find thnt the mills North and South, consumed of cot ton fr»* ^ttgttet first to SepUmbci 30th 884.000 baler, against 943,00(1 *»mr *™{* *** Tear, a dceroaae o( only 50.000 bale*. Wji7 eeniu* said mills Nortl and South held 1,209,000 bale* ol American lint cotton, while on Octo ber 8*»t the same authority gave ther a total of only 773.000 bale*. In Sop timber in facs of the panicky foilini that was spreading in the spot mar get Ih* Southern mill* consumed 231, 000 bale* of Uni cotton and they h*l* remaining but about 283,000 bale* or aboot on* month** supply. C»-8‘V» 8ituatiaa "Comparing the eltuatlon now will tt *"*• «• ’ "Kufwpc*n ?°Ti ^1? *“4 afloa for Kurnpc. *u,y *'*> l,*98.0:30 a. m. Devotional Kxeicixr* 10:40 a. m. -Temperance. 10 UJO a. m.—-Orphanage. 11:18 a. m.—Aged kfimttafe. 1:1* p. m.—Devotionil Exercises asst ftisshi] Misaiona 7X1U p. m.—Devotional Exereiaoa. 7:30 p. m. Education. X;3P p. m.- Baptist Paper*. October 28 b;3ti a m.—-Devotional TIrercisp'.. 10:00 ft. m.—Sunday Schools. 10:4* Sn !•’> Creek Academy. 11:30 a. m. Miscellaneous. I :I8 p. m Devotional Excirlsca. 1:4b p. m.—Woman’* Wo>k. 2:tb p. m.-—Obituaries. 2:45 p. m.—Report* of Commit-j tee*. etc. Rev. E. I. Oliva. Pottn, nod Rrv, S. A. Edgcrton. Rule’s Creek, will I have charge of the Devotional meet- ] Inga. WASH BRYANT WILL RECEIVE NEW TRIAL Supreme Court Finds Re y veraible Error in Judge Bond’s Charge and Obwrvrr.) P;ilure of Judge Bund to charge the jury on the variou* degiee* of murder, caused the. Supreme Court to giam a new trial in the case of Stale v. Wash Bryant, of Harnett, in I uni* of the ten opinion* filed by the ! court yesterday. , , , . The defendant wa» indicted for the 'nunh' or hi* wife and evidence was introduc'd show'njf circumstance* of (list degree murder, while the do* fviw pre*«nie handled Near Trenton, S. C. by Masked Men Philadelphia, Oct 20.—A man giv ing the name of Peter McMahon, of Aunkera, N. Y., with hi* wrtot* near. :cd by a rope and hi* hack bearing th mart, o: a whip, left a north bound Pennsylvania railroad train he e early today and nought the po lice for mvdirai attention. He may a he wan seized and whipped Monday nl~ht a few mile* outaide of T ion ton, atUeT hr attempted to aiaiat A* '»• Florence rowrll. of Aiken, S. C. "i a seillcmcnt which Involved a di v.a on of her father’* eatate Him t>i)deic](vthirf wan cliff with blood ant bd-idro lush mark* hi* body and mck bore the mark* of ' ope: W.th wh'ch he said hie tormeo lo'v V.arl attempted to hang him. Po i*«--• here *rc 'nveeti gating hie itory of nttempt-'t lynching and miitrcat ment. McMahon nr.id he was too weak to h; b-iieve <1 his assailant* were adop ting method* of th* Ku KIux Klan Jlv oid he was ..riled when he left the train at Trenton, 8. C., and wa» d: vo.> in»u tire country in an auto mobile. At the.point where hi* mia tirntmeit occurred, he said .eight men wearing white hood* gathered nrtlM ml inH knat him “They threw u rope around my rcca, 5h,*r tried to put she other end over a tree, bat it would not roach,” Mr Mahon sj 'i ' at the Hahnn* man has pitul urdiy. "After a .aov«o beating the men told me they had decided to let me go.” “They blindfolded me." McMahon •aid. “putting ■ hood over my head ~x»rt!y l.'kv the ones they wore, thon lr,d me to an uatomobiic and we drove to a houic, where I was fed. They *!’*■! a physician to eaamine my wound*. “' her they d-ovc tar to Dtoiaitk, - t, The*, gave ns money to buy n»> ticket to New Yorfc. after making me pron'ac 1 would not return. All the nsy from IX—mark to Working •nr ‘omco-- came into the car occas ionally and, after looking at me, ri> : led i.ilu acothar coaeh This man icud aa gva d to act that f did not leave tin* train." McMahon said he was too week to leave the train at Washington. He told the police he wav friend and ad visav of Mias Powell. Ha said har fa ther lives at Aiken and it president of a bank. BaoaajMg, according to KcMahoiw the fathfif made a division of his pro perty among his children. ndVt.icr Pp* week to L _ tur share for her." McMahon described h s movement* in South Cambria and the feeling en i.er.dtmd by the interest he took in the c* s*; which result* d in the al 't-grd mis iestment McMahon vlsu raid that when one of th» m <1 who beat him » viced if h' would sign a paper toying Miss Pow sll v. •< incompetent to handle he • -n gr her father's affair*, he refua d vnd war. beaten ’with clubs. A rope -ax t ed arruml hiv neck, and he was dragged for a long time. Ex-Kaiser’* Eye* Dull; Face Old And Shrunken Lonti»n.--The Time* eorr.-i>pond vnl reports from Berlin. The Tuxes Bueh, a weekly political .tvifw of good standing in Berlin, .'ublvbn the following pen picture 'mliibtuil by a German nobleman cho fcctntly saw Wiihclm II: “With Wilhelm ordinary mood* al turnate with mood* of depression more frequently than near. I met l him in hu favorite occupation of - ood cutting. His foce has become old and shiur.ken With furrows and rr'nltles nnd hales. His eyes, onee brilliant, have boeome dull. “I felt sorry for him aa I looked •'rto kis shrunken fees. Nobody would want to caricature him now. At his mustache has drooped, an ha droops bimcctf. He is without his old dan gerous elan. II* no longer, speak) with stringent vole*, but has become more silent. 8cm* days later I met him again. Me was again engaged in the healthy *-otV. of wood-cutting. This time h* was In a much merrier mood. With true spirit he laid Into (he tree trunk, •ha sweat dropped from his forehead into his etc*, still extraordinary lus treless. Saddcnly came a flash of the old fire; he awing* thr axe with ■ ,-ood w!d* sweep and cuts deep intc h* hard tree trank. , Ha remarked abruptly, and with intense rage' •That I* how the axe will fly right ttnd left when I get hack to Gar msny.’ ” The Herman nobleman In conelu r un says: "I said nothing, bat wrote this re mark dowa in my aotabeak as on* which should And a place In a collae tion of hia unfortunate saying*.” Mi** Fisher Declines To Run For Office New Bern. Oct 20.—Miss Clara P fisher, whose asm* has boon place* on tha Bepablkan ticket as a card! data far the office of register of dead Has authorised a statement la U» public In which she says that, whit thaaktng the party leaden far thel thoughtful****, she has no desirt b b# a candidate for (ha piece, domin' wont (ha office end decliree to mak •the race. I ' -- - - - I The 23 occupant* of tkc deal! house at 8ing fling havg a grievance > One of th*lr number* snore* and th sheriff has baaa asked to remove him ¥¥¥¥¥¥¥«B**¥¥¥?¥¥¥ * A MOTHfl i«Am % ¥ AccomJK* check fur ¥ ¥ th* |kM^C«apii|n ¥ ¥ find m> K J * ¥ “Georg* WlBjlCr ¥ ¥ “Chairman .»i l rr«tic Nat. ¥ * Com. JmL ¥ ¥ Cara V 1' j® Timer, ¥ ¥ Dear Sir: ¥ ¥ "Plea** dB.*** entloaed ¥ ¥ mall eon*®*®® l“ the ¥ ¥ ford for iB****Uon of ¥ ¥ truth ibapt ■ Loagio of ¥ ¥ Nation*. * ® '’wi- ¥ * nliwlf ^ cc»m#u ¥ * f»om • imV^0 **nl four ♦ ¥ j.-caUy n*«ijB2n‘ V* l*ic ¥ ¥ th* World wY?*® ®r tboae ¥ ¥ eon*, with (■*. unlimited ¥ ¥ LO.-.ibllltUa K./amr* o»c- ¥ * fulneas, imfl®*®*» ® third ¥ ¥ wan ill in fed®** *>an»-e ¥ ¥ for fiv* iiiJ ®"“ to law- ¥ ¥ ln» in actlalV ^ *tllI elaa- ¥ ¥ rifled a« “«#•■< • fourth ¥ ¥ rirlu-d hie pB*1 Joans life ¥ ¥ iu th* alr-.^R" *n. *\0***1 ¥ ¥ and con«rrt^Pf,Drt ■* baini ¥ ¥ made by iM*11®1", ®* the ¥ ¥ xe.rth to ii»BP¥®iih, fo- ¥ ¥ ture BetlNjB“ from ¥ ¥ three eaeriftBj* J® ®*rd to ¥ ¥ lealin* ther®* “?•* who ¥ ¥ oppoee an * I?®1 ¥1** ¥ ¥ that wpongW®* wk® P®*d ¥ ¥ for the war **• Put ¥ ¥ on# opinion,■~*®t'* to try ¥ ¥ the l.eagil ®*®* °"*' ®»cn ¥ '•l if it la not ^P*** “ i* tho ¥ ¥ beat that ha®*," Pr“po*«d. ¥ * and all ^B**®"* Poing ¥ * welsh ad, UrB£"®®t,3L the ¥ ¥ meet fttilb®1**** than cotton wu wiling fur today only yo to; u tit offorc^V South will pro duce 12 mUlio^Bca whn-h, .f udd at 40 cent*. y^Vring two billion four hundred duller*; if sold nt 20 cent* y^^rlng one billion two hundred |B>- A lose of one billion two hcr^HI Billion in four Booths will our section. Our lends- afcd^^Khei piwpcsty Will ■3 ir~uro-wsn|Jd)/jbBeelS^W; ■ men, hotels, i doctors, fsctorlo*. school*. ehutelia, towns, cities, nnd railroad* will (offer, end above all our fa.m popnpUon will become dis-i gutted nnd thynunds will leave the farm nvva: to return. This Depsrtirtht sent out qoestion nuitt on the cS*t of producing this cotton crop, asd^he average cost wu shove 34 cent* f*r pound based on a yield of 275 pav’d of aeed par acr». ir.lu the cost wa***ured rant of land oreparation rfjiland, fertilisation, planting, ‘ ' -oB. chopping, hoe ing, fight Serils, eultivntion, picking, k k> gin and market, ginning, blsckarfthing, etc Porty 7ou: per cents § the total cost way for ho man Isbol Thoe the balance, or SB per cent,#** an actual outlay of money out «i -he farmers' pockets or bank aceoun ■ Plfty-six per cent of 14 cents is II *nta, about the pro seat selling prk which lcavei noth ii.g to the mllll i* who produced it. So tho specula r». bear gamblers, and peanut poll clans are asking us to feed and clot! oureeleet and work eight montha fo nothing A ran has besn mad* on oe property. Whan a run is started # a bank the bank can appeal to 8ft* Banking Depart ment. which will take over the bank and gtve It tim{ to malca arrange ments to meet thl emergency. What would ■« bankers, mervn mU manufaetu *»■», coal operators, railroads, newer Nrs, and all other lino* of bustner Ldo «• tboir aaaata bad keen eat tafcalf by apecolotor* or manipulator* In four month* Mart TTiey wo 4 eitbor break or c!o#-i up a bop : eowlae the farmer must close op ■] » or break. We do not want to Vra I ao tha only thine to do la to close • shop. Do not aeO a bale for sixty 'ye. Tho mill* only have a sixty Atr supply of cotton on band, and if ** hold till that is rone there will fit* wildest *c ram ble for cotton I [ world has ever man. If It 1* in he farmer** hands, the farmer will * his price; if it is In the speculate! hands tha specula tor will ft* th* neo. The min* are abutting down feao** th* farmer whe ecu* b b*l| » the hear gambler ruin the mark* the mills will not buy on a deelU « market, but will bur pn a rising JrVet The night rl ^ way think they art helping tho *f*a, hot they are injuring It. Caa iMetroytng and 1a« (he farmers gin '*’* cotton, so they can borrow mol •• It. Farm*ca, hoe| Jta with thooa you owe. Turn over i WjWlyti, or if you do not put la **nauan turn orai , tho cotton to 1 ;'fHa you owe, if he wants It In I beseech th* buainnm people *'ko*p faith wit! . the firmer and ■“"d hi* note* ei I lead him money b* has th* cotton . Thor* la no M *r collateral thar i cotton. 1 i i Tho America! n aaeoelstio* i adrlro* mo that P “Anker* and mar r chants throughoi~A**ma are help , >ng in the bMf -A^rwml exrepi 1 la a few eaam rT* they are aheo lutoly not abb »o. Tha world 1* and need* non (bar we bars hut cannot pay far it all at ‘ coUoa farmer i b not a pro- baa novar re . raised mors touts for bil • cotton! and * Weigh rfitrt* (ooaf Ni fra) GUN FOR BURGLARS KILLS YOUNG GIRL Horrible Tragedy at C. J. Dickens’ Store Near Sanford Sanford, Oct. 21.—A horrib'e, tragedy occurred about 9 o'clock last .light, three mile* north of thl* place on thu highway to Raleigh, when-Miu Ada Smith was shot at C. J. Dickens' Mow. A heavy load of buckshot ca te, cd Miu Smith’* neck and ehouldcr. ;>he wan i u.ihed to the Central Caro lina hoepita! here, bat died a few mlnutee after reaching the ho epical Miu Smith wse the 18 year old daughter of Mr. and rMe. David Smith, who live in the Rone Bad school icction, eome tea miia* from thi* place. The deceased together with a neighbor girl, Mice Lillie Ferrall, Joe Mann, of Marry Oak*, and an other young man from Merry Oaks, were In a ear coming to Sanford, when they stopped at Dickens’ store to get pa*. When the car was backed up to the tank it was immediately in front of ths store door. After the ga* had been drawn, Mr. Dirkens started into the etore either to get chnr.gr or to gel some article of mar rhannUe f ram the etore for the young people, when euddanly the gnn fired, hitting Miu Smith, who araa —tad on the front scat of the car. Whon the news marked this etty oflct-rs went o«t to investigate the affair. They found that Mr. D.ckena had disappeared, that he had at aaeh doo of the store a trap gun *«t. ea that srhen the door waa opened the j trigger waa pulled and the gun would Are. Repoita any that Mr. Dickena had b'en bothered with buiglaru re r.ntly and that he had act these in fernal machines to apprehend them, it i* supposed that he had forgotten bo had act the guns last night when ho started to enter tha dore, and **h*-n he opened the door he was esught in his own tea*, becoming the petpetrator of an awful tragedy. Mr. P chans it about 40 yea:s old and his a family. The community is groat ;v wrought up over the affair. A rho l time ago. It is alleged. Mr. Picket's (hot at seme parties fTom S-.nfuid who stopped at his store one -. rbt *o get (i*. he declaring that V.c lh,ugbt they were burglars LITTLE RIVE* BAPTIST ASSOCIATION TO MEET Buie's Crrek, OcL 81.—The Little River Baptist Association meets at Coats. October 16. 82a and 28—‘This same is lion was organised at Cumber land Union chared, in Harnett coantg in 1875, having fewar than sis bun ■ssMiiwwafl r Dun ty, with two or throe churches on thr border in other coonties, and will show tVu year more thus 4,500 men bets. J. C. Clifford. Dunn, la Modor ator and has tarred in this capacity for foa yean. i. A. Campbell, Buie’s Creek was elected clerk forty years ago and hns served in this capacity ev>r dree. Coats Baptist church was urganlu ed with 28 marabsrs ia 1900. Today It has aearly 800 members and ia sne of the best churches in the associa tion. . i outMul Preacher In Sampson Holds Forth Cllbton. Oct. 20.—A young John itho Baptist hat arisen in tha wilder r.cit of Westbrooks township, this cunty. and it calling to repentance tl<« wicked of hit community. In fact. Street 1-roT'dj arc taid to bo hearing h'm. Latl Sunday evening more than 500 people err reported to have con gregated at hit rude pulpit, coming, in feme cate*, from a considerable distance. The youngster U the 12 X**r old ton of Mr Mom Westbrook, a faimar of Westbrook'* township, half way between Clinton and Dana. It i*nu that several months ago the boy arreted him a boa pulpit in or about a clay hole on his father’s place and began to preach to his playmates. They took it as a prank, but the young preacher soon let them know that he mrant business, telling them In nil , olcmnfty that tbs Lord eras directing him to preach. Thus be preached to his fellows till the older people begun to spy upon him aad crowds Ovcked to hoar him. But hy this lime the lad bad gained a giib ncm and a self-possession that snab tod him to rpeak without embarasa m,r t to til that came. Kb U mid to have preached for sa hour or more last Sunday evening, uttag us a sub ject Nosh’s srTitiag of the flood. He mode appointments for next 8un, ua< btiru-ii to the ground U» tcc'nt o ."n v lkt-rh; ia hive boon irr/ftiitr.' or';;/. A coftuo gin rr. ol by > hut brrn ditro (terfi-d ay u;< m>.tt cf lilt c.upai.j. The fire w«i clttoiv/ei! .bust • o’clock. Il uru ■ let. d «• (hi o.“'c« of ‘.he lumpa.-.y t&n'gh! that 'vh.a Ev erett Joaes, ration yin nr r ihr (I ret •nan to otter the mil . er.ifc. d ibr la tet ior he imra d p.li.ly pc ecu! the jeent of ke-o.cn/ a -.1 itao.'ac. Bv -:y kinc oa the uuide trau on fire nbtii Wr Jonee veten aUdtnga before they were rendered i total lorn. Tha build in go were erected about wo yean ago at considerable cort. maned lately acrom th.- Cape Fear rtv ■r from the etty. [deal Weather For Cotton Continues Smi Daman by Mala la Woatoro Part af Balt; Piab'ag la Naar lag CuaflrtWa Washington, D, C-. Oct. 20—Ex ■.vnt in auma western section* of the lilt. weather condition* were Meal for pick nv. ar.d ginning of cotton' dm irg the last week, raid the govern saei.t wcuiher and crop bulletin issued ixlayt Temperatures were moderate. Iy high for the season throughout th. be!*., th* bulletin raid, with moderate to hoary rains occuring in the weev cm portion and light mowers In tb< ernt *1 portion. la the eastern dis trict* the week was practically rain iest. Ka'.r.t damaged open cotton in Ceil* Iral Tex**, Western Arkansas and many section* of Oklahoma, bat else where the weather waa gouorallv far orable aad holla apaasd rtpidy ia 1 exaa, ia _. _ Southern Mississippi aad Southern Alabama, while only scattered Held remained to be gathered ia Southern Georgia. A promising top crop waa forecast •a central ar.d northern Texa* and •he yield In northern Georgia war setter than expected, bat condition* indicated little or no top crop m Sooth Carolina and a disappointing yield in Tenues***. The warm and generally fair weather that prevailed during the week indicated favorable condition* for mataiing very late corn and for harvesting and drying th* crop, the bulletin added. DECLINE IN PRICE OF FOOD STUFFS Bureau of Labor Makes Monthly Report On Food Costs Washington, Oct SO.—The dneline is the retail price of load stuff* dur ing September was placed at two pc cent by the department of labor's ru reau of labor statistic* la Ha month.} report today on food coeta. Some food staff*, notably potatoes aad co yer, sustained a mat bed decrease in price, while ethers, including such commodities as eggs, pork chops and oranges, underwent price Incrcaeeo ranging from eight par cant for or anges to twelve par cant for egg*. The drop hs prices ef pets toes'plac ed at If par cent; eager go per cent cabbage 4 per cant, and coffee Ms per eeat. . . The decline in retail food price*, however, according to the bureau's dfrurc*. did not keep pace with the d.op In wholesale quotations. The lat ter we.-a placed at live per eeat as compared with the two cent dreroaar in the retailers’ prices to the consum er. Not all of th- SI leading citie* of -.ha country shared silks in th* re tail price decline, the drop being a* Vmstrd at • per cent la Bette Mon tana. while H eras lew the a ftve tenth* of on* per eeat la Boston, Los Ange let, Minneapolis, Omaha. Pittsburgh and Washington, D. C. Decrease af thro# .per eeat worn reported from CheHeetoa, t. C, lackeonvllle, UtOe Rsek. Milwaukee New Orb-ana aad Scranton. The da el in# was e.tlmated at two per coni in Atlanta. Buffalo, Columbus. Ohio, Dallas, Denver, Indianapolis. Man :k*W*r, N. H.; Memphis, Mobil*, Pe orla, PortVard. Maine: Richmond. Ro chaster, St Louis, Salt tmk* City and Springfield, III., and at on* per roat In Birmingham, Bridgeport, Chicago Cincinnati, Cleveland, Detroit, Kail River, Houston. Kansas City. Newark, New Haven. New York, Norfolk, Phil adelphia. Portland, Oiogon; Provi dence, SC Pool, Savannah and Bo attic. Wage Increases, conditioned at) 4 ; return to beforc-tha-war efficiency were temporarily granted the Kan mi City telephone workers. g k PLAN TO ORGANIZE EXPORT COMPANY TC MARKET COTTON Bankers And Farmers Decide On $ 12,000, 000 Concern NOT FOR HOLDING IT BUT FOR SELLING IT Capital Sukecriptsoma Witt Ba Baaad om Dollar For Bala A Main ant Ip Roapoctivo State*; Will Bo Forowd Uo dor Proviakme off Tke Ed go CL Washington, Oct. SI.—liana far ha organ Ira Lion of a gl 2,000,000 cotton export and cny iaanrtag cor. notation om adopted at a moating boro lata today of bulun and room, tentative* of cotton internet* attend tea convention of tea American Bankers Aerostation. The (Mating ipprovad (OggMtioM conUlned in a report of a eanuaitteo headed bv tebo.-t.P. Maddox, AUuU bute! * ,f°V' •* *’•*• **> tea direction of trrllminaiy etvpc toward* organising hr proportion. Tentative arrangZ aent* provide far ter payment of tail rf tee capital Pack foe an Initial oonl of |1 • hair an cotton raked a the respective states thereby mak fe teo organisation ana af far mck r,'5, **• *js»e-««w throoghout all territory «o!ch has had difficalty in dnanciip »» movement of the cotton crops Tnr decision to call far the initial <*y-»ent rf or.Jy half af tee total capital Brans, therefore, that tte mhecription* will be prorated among h« nu-chaeerr of Mock on the baai* af AO cents par bale. Two More Gin Owners Warned to Shut Down VrmyaM* Letters Demand Ne Mara Cotta. Be Ginned Until Merkel Keeehes W Cants Fayetteville, let. 10.—Warnings ta •tar th» glaniag af eotten until the market essi to 40 cants have barn a«.' Wad by owner* of two mare gins n thlr. sort!so. John M. Owen, who « the p • ovrlatov of a gia la Bevewty t teat township, this county, Iceland '« Fnyettevilis today test be bna rs> "•Wad an anonyms ns warning Idiati ml with that mailed to the MeKailt AjHiag company laat weak, which or dared him to shut down bia gia anti] totton tails far 40 Vents, if ha valnod Ira property. T. C. Bryant, af Mingo township, Ssmptun coanty, is tha other owner who Ha* received warning ia tbs past ftw days. Mr. Bryant, who operates » gin in Mingo township, bo.is ring »n Cumberland, we* In tha city to day ar.4 told of tacaiviag aotiec to .•lore dvra. This U tha fourth warning sewt eat ;oa frnnarr ij this sacLon, lh» Chris :ian-Ewing company, whose float and grist mills hare were barned to ha ground last night, having iseaiv d meb aot'fieailan about the same mo as tbs McNeill Milling company. rha . Chrtedan-Ewing cotton gin ad join in* tee mills, eras ia operation -h»n tbo Are was dtocowred and was ■ot ban.cd. CHAJtGED WITH TAKING TABT IN BEATING PETEK M'MAHOM EdgwAtld, E r,'.\ Oct. 11_A. A. Edmonds, suparriaar sleet af Edge- . Arid county, was scrested bare today ehatgvd with being Implicated In the alltwed heating of Peter McMahan, of Yonkers, N. T., MW Trento* E C.. Monday night, McMahon debate* :hat be was sttomptiagto aaato a yeong sroaaaa af Alton, E 'ton settlement af her ftobtote.aatoto. Ed moada has bean sulanato an bond. It ia andsralaad toot otoor arrest* may be mode tore.