• ASSOCIATED « O PRESS i • DISPATCHES « , 'VOLUME XXIV Author of “Principal” Message Questioned a Ira E. Bennett Tells Oil Com niitte President Coolidge Was Not “Principal*’ He Had Referred To P CURTS IS NAMED IN THE MESSAGES Bennett Also Tells of Mes sages He Sent to McLean In Florida After Confer ences With Daugherty. (By the Amoeiated Prom.) Washington, March 7.—lra E. Ben nett. author of the ‘•principal" message in the McLean- file of telegrams, was questioned today b.v the oil committee. President (‘oolidge was not the “prin cipal" referred to in the telegram, Ben net said. Me said the second sentence of thg telegram about "no resignations" had no relation to the first. He testified he got this impression at a White House pi ess conference with President <'ool idge. There was 'a reference in she message to Senator Curtis, assistant republican lender in the Senate. Bennett said. Bennett said Senator Curtis Had told him to tell McLean not to worry, that he would be “all right" as lie had no connection with the matter except that lie had "stood for I'nft.” "Apple" in the cipher telegram is the code name for Albert B. Fall. Bennett said. The cipher “count" referred to himself.' Bennett said, explaining that it was a joehlar term because of some dec orations ho had received from tie King of Italy. Bennett insisted, however, that he did not have a copy of the code and did not recall the meaning of some of the mes sages he sent to Florida. Bennett said that "H. I)." in his tele gram mid into tne record yesterday., re ferred to Attorney General Daugherty. This message was sent on February 14 at 12.00 p. m. to McLean at Pain! Beach and said "Will have conference with H. I). before 1 o'clock." ' Previously Bennett had said the code message referred to Wilton .1. Lambert’ counsel for McLean, and added that Lambert had given him much the same I message for the publisher “j»t range as | that may seem.” Daugherty, the wit miss said, told him to convey to McLean much the game mes sage ns was in the cadtfcjpessafe .signed the same^^^j^Tn^ will be done by us,” said the telegram as read to the committee." * • you know what to depend on." Senator Walsh, democrat, of Montano, in oiiening today's proceedings of the i oil committee, read a letter sent by one I of Fall's attorneys, protesting against | the committee's action in publishing his j client's telegrams. Such communications, the letter sad, are privleged. The complaint had been sent to Al ice l'omerene, and Owen J. Roberts, the government's special counsel in the oil prosecution. Senator Walsh explained, for an opinion. "We are of the opinion that telegrams (Missing between a client and his attnr-. neys are privileged matter," the special counsel reported to the committee. "The rule is that such communications are con fidential. and the courts would so hold.” Senator Walsh himself said the opin ion was sound, and moved that the tele graph companies be directed to exclude, such messages hi laying their records by fore the committee. It was so voted. W. F. Friedman, war department code ex|>ert, came back to the stand with more transactions of code messages. Four-cipher messages then were read into the record. There were a number of names represented by letters and com binations of letters, and the experts said that more messages would .be necessary, before these words could be depiehered. Says Daugherty Promised to Keep Mc- Lean Off Witness Stand. Washington) March 7. —The oil com mittee was told today that Attorney General Daugherty sent a reassuring message to Edward B. MeLeau in Flor ida on the day the publisher was sum moned here to testify in the oil In quiry. Ira E. Bennett, tin editorial writer on McLean's Washington Post, testi fied that such a message was conveyed in a telegram he sent to McLean after a eonferenee with the attorney general. The message as placed before the com mittee included phrases as "all that is (tossible to be done will be done by us,” and "you know what to depend on"' Bennett declared that a similar as sn ranee had been conveyed through him to MyLean on January 2i)th in the famous "principal” message. “The principal” referred to in that message, the witness said, was not Presi dent ('oolidge as some democratic sena tors have guessed, but Senator Curtis. He testified that Sea tor Curtis had told him the publisher should not be disturbed, Uiat it would be “all right.” Attorney* General Daugherty also promised to help keep McLean off the WHAT SAT’S BEAR BAYB. 1 1 n .1, i Fair tonight and Saturday, colder to night aad on the eoast Saturday. The Concord daily Tribune : GASTON HUM FUR IRE in I ’ ■ jThey Are Charged With Hav | ing Conspired to Bribe Attorney General of the United States and Others. (By Ike Associated Press.) New York. Mnrch 7.—Thomas B. Fel der, an- attorney, was indicted b.v a Fed eral grand jury today with Gaston B. Means, former agent of the Department of Justice, and Elmer Jarnecke, the lat ter’s secretary, charged with having con spired to bribe the Attorney General of the United States, the United States at- - torney for the southern district of Xew York., and two w his assistants, A second count in the indictment charges the trio-With obstruction of jus tice. The m-oUKfltfnns are based on al leged attempt tr cent., with spooning objected to by only 80 per cent. With Oour Advertisers. Ford balloon type tires at King Tut Service Station Xo. 1. Made in France. Rent a Ford and drive it yourself. J. D. Boyd, at Lefler Motor Co. Saturday and all next week Fisher's will have a sale of discontinued corset numbers at greatly reduced prices. Black frocks trimmed with white at , Robinson's. Phone 830. i , Xew Victor records just received at Bell & Harris Music Department. : M. R. Pounds wants tot sell you new ; spring snit. ’ i Tlie S. S. Brown Shoe Store is offer ' ing high grade spring footwear at. very low prices. J Friday, Saturday and Monday will be I gingham days at the I’arks-Belk Co. AH the popular shades of ginghams. You will find the certificates of deposit ■’of the Citizens Bank and Trust Co. ideal - . for investment. I The big White Sale at Efird's is now tf i in full swing. The prices on linens, foot ' i tons, and silks during this sale will cer r tainly interest you, 1 Long Candidate For lieutenant Gov i ernor. (Bt the Associated Press.) > Durham, March 7.—J. Elmer Ixmg t<>- e day announced his candidacy for the - Democratic nomination for Lieutenant governor. First woman in Canada to sit as a member of a municipal board of aider men, Annie Gale, of Calgary, is now seeking election for her fifth consecutive term!' witness stand, Bennett testified. Bennett quoted Daugherty as saying “Tell Ned not to worry. He’s a side issue. In two or three weeks I’ll be in the .center of the whole thing. 11l do what I can to help.” “Help in what?” asked Senator Bur oom, republican of New Mexico, i- “Help McLean not to come here to teqjify,” the witness said. CONCORD, N. C., F IIDAY, MARCH 7, 1924 BIBLE STORY CONTEST At First Presbyterian Church KaltG-daj Evening ami Sunday. The following picgr.un will ho negder ed .Saliytjay evening at 7 o’clock and Sunday afternoon at 2 and 4:30 o’eloel: at the final Bible Story Contest to be held in the First Presbyterian Church : Junior Pnofram First Section Saturday Night at First Presbyterian Church. Sflte—Mrs. Womble. Organist—Miss .Colon. Invocation—Rev. L. A. Thomas. ■?S Contestants: Robert Bailey, Arthur jHicks. Pearl Fink, Ruth Perdue. Lor raine Blanks, Sarah G. Davis, Stewart Henry. Silver offering—Organ. Miss Gi!lon. Contestants—Mildred Miller. lguv reree Barrier, Cochran Kennedy. Fran cis Bodenheiiner, Linwond Brown. Frank lin Pcnninger. Miring Earnhardt. Rob ert Thompson, Gertrude Gibson. Arthur {Moll. Margaret Turner. Irene Long. Vir ginia 11. Jenkins, fyrah Johnston. Ethel F. Peek. Allie jlnjr Whiitoken. Gertie Simpson. Mary Jufikor,. Margaret ‘Hall, Ruth Hulendcr. Junior Program, Second Sesion, Forest Hill Methodist Church Sunday i p. in. Special music. Invocation. Contestants: Margaret Allison. Louise Bhimc, Robert Thompson, Jno, K. Thopipsmi. John/A.! .Pickard. Ruth Urn-. • berger, Shinn Rn.v. * i L . , Silver Offering. Contestants—John IK Williams. Lew- 1 ' is H. Brown. Alice Mary Duval. Mar garet Mfihrcf, Lloyd Conk. Andry Shinn. \ Mable' Russel, Grady .May Bliehinglou. ! Fay Russel. F. McEaeherii. Sunday, March I). 4:30 p. m. First Pres byterian Church. Quartet—St. John's Lutheran Church, Salisbury. Invocation—Rev. L. A. 'Thomas. Contestants—Xinn * Barclay. Muriel Wolf. Graham Martin. Minn Tucker. Louis Holennsen. Music—quartet. Contestants—Rufus Brown. Franklin Armstrong. Mable Henry, .lame* MeEach ern. Leonard Turner. Silver Offering. Miss Xell Herring, or ganist. V Music—quartet. Contestants—Ruth Dayvanlt. Nina 1 Meiscne Leimer . Margaret Benfield. Mary Cauble. Hazel Goodman, Burnett Lewis. A. Alexander, Mary L. Mi'Eaeh ern, Pearl Fink. (\ Query. Sunday 7:30 p. m. First "Presbyterian Church. Music—special. Invocation—C. F. Ritchie. Contestants—Ruth I’enninger. Fran ces Roger. Novella Mabrey. Louis Bus by. Mary Grad.v Parks’. Fred Brown. Silyer offering. Organist, Mrsfl J. F. Reel'. Contestants—Mildred Turner. Joe Pike. Mary Cannon, Way Boyd. Annie J.ittlo, Jessie Harris, ,4. Alexander, Wn -1 emx,i Vts' —*« V • > Music by t 'otlgregnßlitrA Mrs. Rood or ganist. Contestants—Hubert Turner.- Lillie Cochrane. Alice Hogan. Catherine Wid eiihotise, Margaret Preslar. Mary Miller, Lula Umberger. Rosie Reed, Mary Lee ' Peck, Wni. McClintock. Eugene Kidd. 550- ! la lackwelder, Edna Cochraue. 1 Music. Awarding of Silver Cups. SAYS STATE NEVER MORE PROSPEROUS A W- McLean Declares 801 l Weevil Only Discouraging Factor. Charlotte. Mar. (i.—" The State of Xortli Carolina has never been more prosperous thnn now." said Angus W. McLean, of I.umborton. candidate for the Democratic nomination for the governorship of North Carolina last night. Mr. McLean addressed the Auto Show this afternoon and spoke again tonight at the Carolina’s Automotive Trade banquet at. the Hotel Charlotte. He has been over 40 or 50 counties in the east ern and northwestern pnrt of' the State. "One thing that accounts for the present agricultural prosperity of North Carolina is that farmers have been practicing diversification.” Mr. McLean said. “The on’y discouraging factor in the agricultural situation," said he, “is the weevil." '"Farmers should avoid planting more cotton under boll weevil conditions than they work. I used to plant fifteen acres to the mule before the weevil eame. I have reduced -it to about eight acres to the mule " The Piedmont section of the State has the advantage of other sections in its diversifications of manufacturing and industrial enterprises, also in good roads and automobiles. They also save the middleman’s profits by the fact that, a deal can bo made direct between pro ducer and seller.” Attacking Ford Muscle Shoals Offer. (By the Associated Press.) . Wasliiugton, March 7, —When omisicl eratirn by the House of the Muscle Shoals question was resumed today, Rep resentative Hull, republican, of lowa, leading the fight against the Ford offer, made public a letter from Newton D. Baker, former secretary of war. which declared “it would be a public calamity to have this great national asset come into private hands upon any terms now possible to be secured.” Langley Demands an Explanation. (By the Associated Press.) Washington. March 7.—Representative Langley, of Kentucky, on the ttonr of the House demanded nu investigation of pub lished charges that he had received mon ey for exerting official influence. In a five minute speech, Mr. Langlev emphatically denied that he had been guilty of any wrong doing. He was cheered by the House when he conclud ed his appeal for “a square deal." Burton Wants to Stay In House. \ Washington. March 7. —Representative 1 Theodore E. Burton, of Ohio, (mentioned as'a possible successor to Edwin Denby • as Secretary of the Navy, has informed administration officials he prefers to eon » tiuue as a member of the House, father than accept a cabinet position. I j Sund&|’ School Institute Proves of Great Worth ——l— Sessions Thursday Were At tended by Workers Who Showed Ke ;n Interest in Subjects Dis cussed. MISS DAVIS .AND MR. MYERS TALK Miss Davis Cdlitinues Talks on Value of Story Telling in Work *Ai long Sunday School Pupi s. Regions this after oon and night will bring lo a close the ('one rd Township Sunday School Insl iito which opened at the First Presbjlj ’inn Church Wed nesday night. Inf est in the Insti-i Lite has been* inerea ng with eaeh ses sion. At the dose )f the session last nigh I the reeords slit ;eil (hat seventeen Sunday schools have Cen represented by nine pastors, ten a ierintendenls and 72 teachers and o rets. Those in charge of the Instt te me expecting the meetings tliin afl ‘noin and tonight to be the largest at most interesting sessions that have b n held. Walter IC. Myers,; of l'hiladelphin. Pa., is giving an inti esting and helpful series of addresses cl the work of the Adult Division of t e Sunday sehool. At the meeting, last night his subject was the "Adult Bit# X’lass Organized j for Service." In spiking on this sub ject Mr. Mvers said The history of the organized Bible elnsj movement is in teresting in the ex-fn me to all Sunday school workers. Co trnry to the rein inon opinion this moc fment is compara tively ..voting. The internal ional Sun day School Assoeiati n recognized the Organized Adult Bit e Class Depart ment as a part, of th association work at the International S mdny Sehool Con venticn held in Tor nito, Canada, in 1 !M>7. As early as (te late nineties of the past eeii,tur.v, and in 1900 and 1901 of this century tlier were a few or ganized Bible classes; but after the re cognition of the movement by the Inter national Sunday .Beh.< >1 Association, the growth was so rapid to be spectacular. In our own State of ’ennsylvania with in three years from ( le adoption of the movement by the Int rnational Associa tion. we had regisfei xl more than ten thousand classes with a total member ship of more than hlHf a million. “The steps in development of the movement might be (nnrked by some of ' the spectacular Bible Ala ss parades. In } '-RTTira Uffie Wni-Ws-iWSilay ScFi?tr>l Con - | vention in Washington. D. C., seven thousand men were in the Bible Class nnrnde. In the same year at Ilareis brug. Penn., eleven thousand men wevc in a parade and the next year in Ohio at the State Sunday School Convention ' there was a Bible class parade number- 1 ing twelve thousand men. Then eame the Jubilee Convention of the Pennsyl vania Sunday Sehool Association, with the most spectacular of all parades with twenty-seven thousand Bible class men marching in interest of the Bible Mass movement. “The outbreak rs the war took many of our young men. breaking up many of the classes, marking a change in the efforts to do more effective service and more helpful thrbugh-the-week programs, rather than the organization of more classes and the , enrollment of larger numbers. We now seem to be in a more wholesome stage of tlevelopnpnt. “‘The organized class has advantages of the unorganized class because it di vides the work, it develops the workers, it. distributes the leadership, it delegates | the responsibility, and determines the I permanence, pdwer and possibilities of | the elass.c The International Standard ; requites that five officers be elected at l least annually, these are the president.! vice president, selretary, treasurer, and I teasher. And a minimum of four per-: mnneDt committees is required, a com-1 mittee of devotional life, a committee I on membership, social life, and a mis sionary committee. "In more recent years there has been I considerable agitation for federations of! Bible classes,’ so that all classes of the 10 Senate Inquiries in Progress With Half Dozen More Planned —■■ —■ Washington. Mac. 7.—Following are the Semite investigations now in pro gress : Investigation of the oil scnndnls in volved in the leasing of the naval oil reserve’s. Investigation of Attorney General Daugherty and the Department of Jus tice. Senator Borah’s inquiry into Secre tary Hughes's charges of revolutionary propaganda in relation to Russian recognition. The Reed (D-. Mo.) investigation of propaganda iff) general, hotably relat ing to the League of Nations and the Bok peace plan. Senator Copeland's inquiry into fake medical diploma mills. | Ford Balloon Type Tires — Com>e down and let us show you the only 30x 31-2 or | 131x4.40 Clincher Balloon Type Tire. They are Michelins | —made in France and Carry 1!) Pounds of Pressure. King Tut Service Station No. One community, county and sometimes the State, may work together for the ad vancement of a common cause. "Objective Bible study has come to he recognized as the only type of Bible study that is worth while. W.e menii by objective Bible study that which •arries over into the practical work of every day cf the week. Or. studying rhe Bible on Sunday in order tlint ail f cm- living through the week may ecnfei-in to God's plan for living and hasten the coining of His kingdom. "The developing of a program for any given Bible class necessitates thorough , iamiliaiiiy with the personnel of the ■lass and the constituency to which the •'ass is to minister. No two programs of service can ever lien alike in details. There are, however, some fundamental, basic principles ilia-t undelie the pro gram of service. There are some phases i as activity that it would be folly to over look in any community. Through-the week Bible study on the part of the in dividual. anil the plans for Bible study conferences and institutes should be in every program. Evangelism should he stressed, and the effective stressing of evangelish will oftentimes be found the solution of many other problems, such as increase in enrollment and church attendance. SociaJ service and com munity betterment must enter into every Bible class program. And the partieu jar plihses of development that every immediate community warrants must bp put in the program. Civic righteous ness is being aggressively emphasized b.v ; many Bible classes with the results that I lie political eomplextion of whole states is being changed. Missions, should be in evedy adult Bible Has* program. . The greatest difficulty we face in the adult Bible class movement is the apathy •and indifference on the part of adults. 1 and in making them realize that -they are responsible, and must ve ever boost* ' ers and backers of every department, of 1 Chritsian service. "Others'" should be : .(lie adult Bible, Maes moto, and until 1 all the rest of the Sunday school has : been adequately eared for in the matter of rooms, supplies, and equipment, the adult Bible class should not take to it self comfortable quarters.” Another interesting address delivered a) tlie night session of the Institute ves-’ ! terda.v was by J. B. Ivey, of Charlotte. Mr. Ivey spoke interestingly on the im portance of the Sunday school, some of the discouragements’ in the work ami gave many helpful suggestions for mak ing the schools more helpful and more effective in their work. Miss Elorg Davis, of Raleigh, con c tinned her work On story telling at the ’ i ypwertoy. Tkis afternoon Miss I'ftflvls \VI; il'TlnWk VlW'Ywmc^'of'TlfferSst’ this subject. For the closing session of the Insti tute tonight, the following program will be carried out: Evening Session : Mr. R. P. Benson, presiding. 7:3o—Devotional—Rev W. A. Jen kins, pastor Central Methodist Church. 7:4o—The Service of Worship—Miss Flora Davis. 'B:l5—A Challenge to Adults—Mr. Walter E. Myers. B:4s—Record of Attendance. B:ss—Growing a Prop of Trained Workers—Mr. D. W. Sims. 9:2s—Presentation of Pennant. 9:3o—Adjourn. PAIDI P INSURANCE POLICIES AGREED UPON •As a Provision of the Saldiers’ Bonus Bill.— Option of Cash Payment Im pending. (By Die Associated Press.) Washington. March 7.—Paidup in- I suranee policies were decided upon as I a provision of the soldiers’ bonus bill | today by the House ways and means ; committee. A morion to include an al i tentative option of full cash .payments i is pending. j Provisions of the bill., passed at the j last session, and vetoed by President I Heard ing for vocational training and I farm or home aid. were definitely elimi nated, but an option of c-neh payment I still is pending. | One-eighth of the entire! area of Fin land is covered by fresh, waiter lakes. Senator Heflin's study of Rid Grande Valley land frauds anil It. R. Crcagcr of Texas. Investigation of the 'Veterans’ Burenin The Mayfip'd-Peddy contest challeng ing the Texas Senator's right to his sent and involving the Kii Klux Klan. Investigation of the Foulke fur seal contract let b.v the Government to the Foulke concern ofy St. Louis. Inquiry into rent profiteering in the District of Columbia. Investigations are also being sought into the Railroad Administration, the Internal Revenue Department Prohibi tion unit, the cost of bread and flour, effects of the bonus and income tax re turns of principals in the oil scandals. REPRESENTATIVES DENY CHARGES AGAINST THEM Say They Are. Not Guilty of Using In fluence and Gifting Pay For It. (By tbs As* iclated Pres*.l Washington. March 7.—Representa tives Langley, of Kentucky, and Zihl man, cf Mary'.and, both republicans, de riicd today that they ever had improper ly exercised their official influence and received money for doing so. Their nia!n followed publieatl'm of their namtS in connection with charges by the rXE cent Chicago grand jury that two inen?? beis of Congrecs had so misused their offices. Both reprosentaflivos said they had heard rumors -that they were implicated and had discussed (he matter with news pet- men. but they declared they ltad received no official information that they were involved at all in the ease. They were emphatic- in asserting they erttihl prove their innocence beyond any doubt if charges are preferred against them. Representative Langley is c hairman of flit* House huilriings eoiumitte and rep resents the* Tenth Kentucky district. Ilia home is tin Pikeville. •Representative Xihiman is c-haiTman of the labor committee and represents the Sixth Maryland district. He lives at Cumberland. the live stock situation Is Menaced in Several Comities by the Craze For Growing More Cotton. cßt the Associated Press.) Raleigh. X (".. Mar. 7.— I The live stock situation in North Carolina i discouraging at the present time, ac-eord ing to Frank Parker. State Agricultural Statistician. Beef and feeder rattle are bringing very low prices and there is little demand for them, it is reported. This sets up a condition whereby live stock farmers feel that they are over loaded. it was explained, but the dairy cattle situation continues good in the Piedmont area of the state, extending from Guilford to Cleveland county and interest continues in good blooded stock. The scarcity of pigs whic h means that breed sows are good property, is off set b.v abundance of hogs that arc in good condition., said Mr. Parker. How ever the decrease in pigs bryigs forth statements from the agricultural ra lioi-ters that there* is a lack of hogs in the mountain counties. “Sheep are bringing better prices, l.v existing." stated Mr. Parker. "Ynnoy !>' existing," stuted Mr. Parker."Yanc-y and some other counties indicate that more sheep are needed, There is good interest in the wool pool organization in the northwestern fount ice. "Chickens seems to he the most 1 popular livestock commodity on the I farms at the present time. Tito interest ] had been at a high pitch and still con tinues. Increase* in both numbers and 1 quality is evident. This condition h ■ ' ‘• ‘ © NEWS m » TODAY m NO. 54. ATTORNEY GENERAL DECLINES TO TALK -y ’ll- hone state - ' 3 'WfilNot Discuss in Any Way Rumors That He Will Soon Resign From His Of ficial Position. \ FEELING FINE HE TELLS REPORTERS Attends a Cabinet Meeting Which Started Just As He Arrived—Cabinet Held a Short Session. ' (By the Aasoefatred Press.) Washington. March 7.—Attorney Gen eral Daugherty would make no statement upon his arrival here today. He weur direct from the station to tie cabinet, meeting. "I'm feeling better than I have in five years, although I notice by the newspa pers that I am reported to be a very sick man." said the Attorney General. He was met at the station by two se cret agents of the Department of Jus tice who accompanied him as he drove away. He arrived at the White House just in time for the cabinet meeting. He declined to be stopped by question ers as he hurried into the cabinet room, where some cabinet members already were waiting. The meeting of the cabinet lasted only a little over a half boor. The first, members to leave said the question of Mr. Daugherty's retirement had not been discussed. When Mr. Daugherty emerg ed later he said he could ‘/hardly answer'’ a question as to whether the situation in Washington as it related to him had changed since his departure for Florida. CORNELIA VANDERBILT IS REPORTED ENGAGED Anncuneement of Biltmore Girl and John A. Cecil Is Expected. Greensboro News. Miss Cornelia Vanderbilt., of IHltmore, j is reported to be engaged to the Hon. John F. A. Cecil, first secretary of the ■ British embassy at Washington, accord ling to a Washington dispatch to yester day's New York Times. Miss Vanderbilt is well known in I Nt.rrh Carolina. Rhe has spent a large State. The story follows: Miss Vanderbilt and her mother passed the early winter at their estate at Bilt more. X. ('., where Mr. Cecil and other members of the British embassy staff were guests at several house parties. Miss Vanderbilt made her debut two years ago. She is the only child of the late George IV. Vanderbilt, who she re sembles. but at the same time inherits much of the charm of her mother, who, before her marriage, was Miss Edith Dresser, of New York and Newport. The Honorable Mr. Cecil, who joined the embassy staff in Washington less than a year ago. is popular and said to have a nassured future in diplomacy. It is believed by the friends of Miss Vanderbilt that the engagement will be short and the wedding an event of the early summer. By the will of Miss Vanderbilt's fath er. who died in March, 1!)14, she inherit ed the estate of Biltmore and the old Vanderbilt trust fund of if 0.000.000 cre ated for George W. Vanderbilt by his father, William H. Vanderbilt. The entire fortune was estimated to be ahrnt 150.000.000. THE COTTON MARKET Yest“r«la.v’s Sharp Advances Are Follow ed by Sharp Reactions Today. (By the Associated Press.) New York. March 7.—Yesterday's sharp advances were followed by reac tions in the cotton market early today. Liverpool cables were better and first prices here were 2 to 21 points higher, but the tone was barely steady and the .market soon weakened owing to a fear of a lockout in Lancashire. Manchester advices stated that master spinners at ’ yesterday's conference had served no tice that if the strike hi one of the Lan cashire mills was not terminated mean while. nil mills would be closed, involving a lockout of 150.000 operatives. This news evidently offset the steadiness of Liverpool, and prices here broke from 20.20 to 28.75 for Mu. or about 20 to 25 points net lower under liquidation and southern selling. Cotton futures opened barelv Steady. March 28.00; Mnv 20.00 to 20.08 ; Puiy 28.50; Oct. 28.85; Dec. 24.40.