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The herald and news. (Newberry S.C.) 1903-1937, November 21, 1916, Image 7

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V If Farmers Will Hold Their Cotton
They Can Make Their Own
Price After January.
Columbia. Nov. 16.?"I believe that
there is more cotton in the hands of
the farmers in South Carolina than in
any other state,'' said State Warehouse
Commissioner John L. McLaurin
this morning, in the course of a statement
which he gave The Charleston
American in response to a request for
an expressian upon the cotton situation
in South Carolina at this time, in
fview of the fact that cotton has reached
the highest point since the War Between
the States. "If they will just
simply continue to hold this cotton
thev can make their own pric rfter
January, when all of the distress cotton
has either passed into strong hand*
or entered into consumption," he said.
The state "warehouse commissioner
refused to predict what cotton will do.
but said he believes cotton is intrinsically
worth 25 cents a pound, and
that he is holding his own crop.
His statement follows:
fotton Hlsrhest E?er.
Cotton reached tlie highest level
yesterday that it has gone to since
the days immediately succeeding the
close of thg* War Between the States.
It would be too long a story to trace
the -causes that liave produced this result.
There is one thing that I have
observed about cotton?that when som
observed about cotton?that when
some unfavorable event happens, cotton
goes much lower than it should
: from natural causes, and that the reTerse
is true when something favorable
occurs. The pendulum swings
wider on cotton than any other product,
because of its international character,
it being used to such a large
extent as a substitute for gold in
settling trade balances. In 1914 cotton
went down in the interior towns as*
low as 5 cents a pound, and in fact
??* AiS/tAll.. ?/% morLrof of
IX16re was prctvutdli^ uv uiai nvt ub
all for cotton. This was due to a condition
of panic, and there was really
no reason for it. I have jome of the
cotton on hand yet that I offered on
the streets of Bennettsville and on
which at that time I could not get
a bid of more than 6 1-2 cents. The
difficulties of transportation are much
greater now than they w*ere then; the
r cotton will not spin any more goods
now than it would then, and the danger
of the United States being drawn
into the war is much greater now than
it was then. The chief reasons why
cotton has advacea 60 mucn m pi c
"First. The demand exceeds the
"Second.-The ease with which cotton
can now be financed, on account
of its character as a collateral having
been established by the State warek
house system through the federal re?
serve banks.
"Third. The inflation iu our currency
which is always the result of a
"More than one-third of the available
gold supply of the world is in the
United Statee, and this fact alone
wauld be sufficient 'o account for a
large rise in the price of everything
that is for sale. For instate, indigo
is ten times as much as It was at
the beginning of the war; log-wood,
coming in from Haiti aid Jamaica is
worth three times as much; the Chinese
and Japanese silk growers arcgetting
thre? times what they were
before the war, and so on through a
long range of products.
"But in addition to this, the federal
reserve bank bns furnished a constantly
expanding vtfrme of domestic
A?rron/>v and t'?e 1 i,",e 'oans made
lit VUi ?
by American financiers to frveig^
governments, by the extension of
credits for thp purchase of supplies
here, has boomed the price of cotton
and everything else. Cotton is really
not as high at twenty cents a pound
as a great many other products.''
"How high do you think cotton is
going?" Senator McLaurin ^as asked.
After thinking a moment, Mr. McLaurin
Will Not Affect Price.
"Well, a man who would undertake
to predict how high cotton or anything
else will go during this war
period would be \ery foolish. Thenis
one thing that can be said about
cotton?that it is the only article that
the return of peace in Europe and
on the seas will not reduce in price,
because of the fact that the continent
of Europe is bare of both, the raw and
manufactured article, and there is
probably nothing that the need 60 bad"
"Afinn Tf the war was end
J) IIUW (IS CUllvu. v
ed tomorrow, then the proposition
would be something likr> this: If the
present crop is 11,500,00 bales, and
the demand for cotton is 15,000,000
bales, then the price of the goods
would have to go so high that it
would check the consumption of raw
cotton and reduce the demand from
15 to 11 million bales. I can put it
another ya: This osthae z ,flffi
another way: This is the first time
in the history of the cotton crop that
the holders of spot cotton were absolutely
in control of the situation.
New York about thTee weeksxzfiflffffi
I was in New York about three weeks
ago. and I found out there that a
very determined attempt was on foot
to break the price of cotton. They did
break it about two and one-half
cents a pound, but this had practic '
Iv no effpct on spots. If the South,
had followed the advice t t
South Carolina cotton confei
which was called by Messrs. Willie
and Dabbs, of the Farmers' Union,
the farmers would have eot tho benefit
of these high prices. As it is. my
irformation is that the budk of the
cotton has passed out of the hands of
the farmers, and is being held by
ntfaafeftren? I b?Kttr-tl&t' there" is'
more cotton in the hands of the farmmrs
in South Carolina than in anv
other State. If they will just simply
? ;
continue to hold this cotton, they can
make their own price after January,
when all of the distress cotton has
either passed into strong hands or entered
into consumption.
I "It has been the dream of my life
to see the cotton planters thoroughly
organized, we nave a. muuupuij iw
a product that should make our country
the richest section of the world,
but I fear that much of this crop was
bought by the representatives of the
British government a: twelve cents a
pound. Much of it has been bought
1 X ^ AM/1 O C t Vl
tnrouga tne extuicuiscs, anu <.uv
time approaches for filling these contracts
they liave to bid the price up
in order to get it out of the hands of
; tiie holders of spot cotton. These people
who were caught short are the
i same set who took our cotton away
from us in 1914 at six cents a pound
: up, and, so far a3 I am concerned, I
?am thoroughly enjoying getting some
, of this money back.
i "Of course we have got to sell at
' some price. I said at our conference
A ?? -- ~ fiff nOTi
here, vnen cction was ttruuuu un.rt<u
i fonts a pound, that it was intrinsij
cally worth twenty-five cents a pound,
j I do no-, make the prediction that it
j is going there, but I intend to ke^p
mine until it either gets to tha:
price or much lower. I think it is due
to go to twenty-five cents a pound on
i its merits. If the people who have got
I the spot cotton wish to squeeze those
j who haven't they can put it to thirty
1 cents a pound as easy as to twenty'
five. Really, however, this is net an
' ideal condition. Looking at it in a
i broad sense, it is just as injurious in
rt _
i the long run ior any Ui<tJiuai u t" v\i
j uct to go too high as to go too low.
! What we want to do with cotton it to
' make plenty of it to meet the n?eds of
j the world, so that the poor and nejdy
can have clothing, as well as the
rich, and then get a staple price for it.
j '^Planting cotton now is a regular
gamble. I would rather see us make
j a fifteen-million-bale crop, and get
fifteen cents a pound for it, than a
ten-million bale crop, and not get but
ten cents."
ill Xi JL
Chicago Trade Letter.
As to grains: According to present
estimates this country has only about
, 60,000.000 bushels more of wheat to
; spare for this crop year and at the
i rate they are going, this will be all ex,
hausted very early in the new year?
j if not before.
Corn also will rule high all the year
j and we don't think it is very far from
! the spot to start buying right now.
' " 1-1? ?-~ ~ n At 5! rl -
I ^ WiieSt 111 LLiti UieiiJiLmit* uv&o uut w?v.
vance, we might possibly get a break
in the corn of from 3 to 5 cents be
tween now and Christmas?but we
j hardly expect it.
From Peter B. Kyne's great story,
"The Three Godfathers/' that appeared
in the Saturday Evening Post and wa3
pronounced, by the editor, to be the
best story the Post ever printed, Bluebird
Photoplays have made a splendid
feature and on Tuesday, November 21
at the Arcade theatre the result will
; be shown. E. J. Le Saint directed the
i production, using a scenario by Harv?
j ey udics.
Three bank robbers escaping from a
pursuing sheriff's posse, find a woman
ill unto death of childbirth. She is in
an abandoned "prairie schooner" left
alone by her husband who has wandered
afar in search of the team of horses,
and has perished in a blinding sandstorm.
The hardy bandits each pledge
themselves to the mother, before she
that thev will rear her baby boy
aivu, ?- y
in the paths of rectitde.
Fifty miles from the nearest habitation,
the sand storm still raging, and
with, only the appliances at hand to ue
expected in an outfit arranged for overland
travel, the three bandits "Face a
problem that would stagger almost
anybody. How they keep the breath
of life in the new-born baby's body
constitutes the most effective picture
story of recent development.
i Thpre is sreat human interest in the
* " W" O"
touching scenes. As the etorv advances
two of the triplet of godfathers are
seen to sacrifice their lives in the ultimately
successful effort to transport
the babe to a place where it can be
properly nurtured and cared for. It is
the unusual devotion of these rugged
men to a helpless babe that brings out
the touch of human interest that will
j make "The Three Godfathers" have
I strong appeal with every type and
! class of film fan.
The Road to Laugrhtertown.
! Would ye learn the road to Laughtertown,
ye who have lost the way?
Would ye have young hearts though
your hair be gray?
Go learn from a little child each day,
' ' * ~ nlov his
Go serve nis wan lb diiu pxuj
j play.
1 And catch the tilt of his laughter gay
And follow his dancing feet as they
j stray,
] For he knows the way to Laughtertown.
| Oh. ye, who have lost the way!
?Katherine Blake.
Generous Offer.
Time and again I've given you a
mv motorcar.
\ I11C lit m; ??
j So you have. i
I iNow that I am hard up and can't
meet this month's payment on it, you
"efuse to lend me any money.
Well, I'll tell you what I'll do to
ielp you out. You estimate the num er
of times you have taken me to
town in your car and I'll Day you ten
cents for each ride, which is twice the
fare charged by a jitney bus.?Puck.
! General von Hindenburg means well
in saying that Germany can noia tne
western front for thirty years, but
it must b&' admitted * that hfe sounds
much more like a patriot than a man
of practice.?St Petersburg Independent
Teaching and Marrying.
1 The Philadelphia Public Ledger i
"Mere man is prone to take it for
' granted, in his philosophy of marriage,
that to be single is to be infelicitous.1
knp .. /~v finilht tVlHf
1 flp WOIXiam > uiuan uao []\j uuuut v?- ? ?
if she met the right man there is no
, better task than to make his home
for him. But if fate has not brought1
her the other peyon, her life is still!
to live, and hers may be
Thp love she longs to give to one |
' Made great enough to hold the world.!
i "Dr. Arthur Holmes of State College
tells our Pennsylvania teachers that'
3S5.000 unmarried women of their,
, profession in the 'United tates are !
J mainly cheerful and contented, and;
: that the percentage of those who are
j happy is at least as high as it is in
i the case of those who are set in famI
Hies. To stand in loco parentis to a !
: schoolroom is not to realize complete-!
| ly the maternal instinct and its satis- j
j faction; but tie teaching career, if it!
I has its frequent discouragement and :
rivorrnwprin? weariness has !
A tJJ Vlf&u v/ ? ? 0
likewise its own peculiar compensa-1
tions and all the little scholars are
, not indifferent or ungrateful. If they I
I do not in the active hour rise up to !
j bless the instructor a d the instruc-1
j tion there comes repeatedly in after \
years a strong sense of gratitude to 1
those who in childhood wrought with i
; exemplary patii nee for their good."
| We have always held that, even
though a girl or woman knew positively
that she would marry, a few years
teaching is a good training for her.
The Ledger's apt comparison of the
woman's place in the home and in the
' 11 VJTT-?n tO
j school room IS well Uia?u,
i those who have taught and who now
hope to take up the work, it holds
out a broad ray of light, because it
proves that no woman should feel
that she ha^ mi3sed her calling in
entering the educational field. To
tsose who have taught and who now
, have homes and children of their own,
rit must show that the time spent in
j the school room with scores of children
was wisely and judiciously used.
Next to real home-making school'
' TM-Q-ominpntlv at the
j tGSCnins Siamra j" ?
i head of the womanly professions?
j Abbeville Medium.
j ^
Frvan's Bij? Part.
; Raleigh News and Observer.
In the campaign which has return|
ed to the presidency Woodrow Wilson
j there is no one man who has done a
j bigger part than has been done by
j William Jennings Bryan. So splendid
has been his course that those papers
?some of them democratic?which
since his resignation from the cabinet
."have taken occasion to impugn his
democracy and to insist that he had
' out a knife for Woodrow Wilson,
I should make the amende honorable
j and give the great XebrasKan me
praise that is due.
j During the campaign, and at his
I own expense, Mr. Bryan canvassed
j the western states thoroughly, using
I a special train at times so as to reach
I many places in a day. He did not
| spare himself, but went at the work
j with a will and a determination that
j he would make his efforts count in
; behalf of Woodrow Wilson. And they
did count.
The country knows that it was the
f'A^st that saved the day for democj
racy, and it must recognize that pow,
erful influences were at work to sej
cure the reversal of the votes of
i any of the states of the West which
, have been going republican. Among
I these influences there must be counted
i William J. Bryan, and the democracy
j may well consider itself fortunate in i
j havfifg him at work for it. Thpodorti
j Roosevelt was in the West for1
i Hughes; William J. Bryan was in the
i West for-Wi'ison. Note the difference!
j in the results. i
| 'What Mr. Bryan has done in the J
; campaign just closed has been only
j the expected to those who knew the
I man. He is big hearted, strong, de1
termined democrat, who stands by
I the principles of the party and by the
men who ?o all possible to put its
j principles into effect. He has served
. damAPrapv a"blv and well. He has
put his heart into the cause. At St.
Louis his speech thrilled the delegates
and the other thousands at the demo!
cratic national convention. His services
in the West in behalf of the
, democratic nominee for president
I matched that speech.
| m
j In Bryan*s Country.
Charleston Post.
The New York World says it should
nvnrionkpd that the sweep to (
! Wilson occurred principally in those
States where Bryan had campaigned
and the Democratic party -will hardly
, be permitted to miss the point, for Mr.
Bryan still has a voice in the old hall.
. and some hundreds of thousands of '
1 followers yet. What was "the enemy's
country" to the Xebraskan when ht>
snatched the banner of Democracy sixteen
years ago and fanned it out with
blasts of oratory, is the enemy's country
still, but there is a land of refuge
and reward as well, such as there wztb j
not then. The West had come straight,1
i .-x fv.r, wost that Mr. Bryan !
I ana it w ?aj> m mc Tl v?.
has been preaching and teaching and j
(holding his legions together all the;
time. Has he been completely "kock-l
1 ed into a cocked hat," yet, in the face'
of the returns from the trans-Missis-!
j sippi region? Col. Roosevlet has set j
up claims to the West as peculiarly j
his own, but his trail is marked by i
Democratic triumphs, and they seorn j
to have forgotten him on the ranges, j
Wp thinks otherwise, though, and is j
believed to be getting ready to prove \
{that he can do for himself what, pat- j
I ently, he could not do for Hughes?i
even if lie would. What if the two J
Colonels should try to "come back,"
each, the champion of his r?rtv in a
' desperate struggle~f6f the "Winning of
the West," after Mr. Wilson had finished
his work, packed up his tent and
wended from the White House?
as you never thought
could be is yours to
command quick as
you buy some Prince
A -fn l Q
-TLlUOl L Cilivj. iu ?-*
pipe or a home-made
Prince Albert gives
you every tobacco satisfaction
your smokeappetite
ever hankered
I for. That's because
it's made by a patented
process that cuts out
i bite and parch! Prina
been sold without cou]
We prefer to give quali
has a flavor as different a:
And that isn't strange, eith<
Rtfv Prince Albert every- rpffp
where tobacco is sold in AII-iptoppy
red bags, 5c; tidy red xilDe.
tins, 10c; handsome pound Qllt (
and half-pound tin humi- .
dors?and?that corking fine COlTll
pound crystal-glass humi- PlilK
'or with sponge- moistener
top that keeps the tobacco p |
im such clever trim?alwaysI ^ *'
. Boll
Weevil Meeting in Laurens. j
The following from The Laurens;
; Advertiser will be of interest:
The Boll Weevil meeting, which is i
; to be held in the court house next
j Wednesday is attracting a great deal i
' ^ $ ftffAwlrnn AVf.n Anfoi.flfl f\9 T .tM 11 TOT) Q i
| vjj. aucuiiui: c? rn v/utoxuv vi. uuua v**w j
county and the indications are that:
a large number of people will be here \
in attendance. Gov. Manning, Mr. j
W. W. Long and Mr. McLain have'
all accepted invitations to be present
and will make addresses.
Notice is nereby given that the regI
ular election for three school trus]
tees, to serve two y; ars, and one comI
nf TMlVllin WAftfl 11\ rl'O
llliaaiWlAfl V/JL p U Ui TTWiHO, uw WW* ? V j
six years, will be held at the Council
Chamber, in the opera house, in
the town of Newberry, South Carolina,
on the second Tuesday in December,
1916, being the 12th day of
said month, the polls to be opened at
eight o'clock in the forenoon and to
, close at six o'clock in the afternoon.
H. L. Speers, E. P. Bradley and H. 0.
! Fellers are appointed managers of the
said election.
By order of the Town Council of
Newberry, S. C., on this the 8th day
of November, 1916.
Af foot* Mavnr
Clerk and Treasurer.
The Dank of Prosperity,
A. B. W5se, The Prosperity Stock Company,
and A. B. Wise and A. O. Wise,
partners under the firm name of A.
B. Wise & Company.
Bv virtup nf an Order of the Court! '
herein I will sell before the Court j'
House door at Newberry, South Caro-j
lina, at public auction, to the higliest?
bidder, within the legal hours of sale.!
on Monday, salesday, in December,
1916, the same being the fourth <4th)
day of said month, the following de-j
scribed property to-wit:
All that piece, parcel, or tract of i
land lying, being and situated In the;
county and State aforesaid, No. 9<
Township, containing One Hundred and !
Sixty-five (165) acres, more or less, j
and bounded by lands of F. Fed Stock-i
man and the Estate of Jacob Mills.:
S. C. Stockman and P. B. Warner, j ;
This place being known as the Tay-!
lor place and being the same tract i
of land bought this day of the Prosperity
Stock company.
Terms of Sale: One-third of the
purchase money to be paid in cash
and the balance in two equal annual
installments, tne credit portion to De i
secured "by bond of the purchaser and
a mortgage of the premises sold,
which bond and mortgage shall provide
for interest from the date of
eale at the rate of eight per cent
per annum, payable annually, and for
ten-perj cent* attorney "fc-fee?'in caw I
of collection or suit by an attorney, i
The successful bidder at such sale -1
will be required to deposit with the 1
Master at once One Hundred and no 3
you will i
3 Albert has always loS^SS
. hai made
pons or premiums. ??k? pi
ill ALBt
the national joy smoke
s it is delightful. You never \
who think they can't smoke
can smoke and will smoi
rt. And smokers who have not
:ertainly have a big surprise a
ng their way as soon as th<
:e Albert tobacco will tell its ov
|100 ($100.00) Dollars, or a certifieu
check for said amount, as an evidence
of his good faith, and in case he fails
to deposit said amount, the Master
will resell said premises at once. Tne
successful bidder will be allowed ten
days in which to comply with the
terms of sale, and in case he fails to
comply with same in said time, the
Master will resell said premises on
some subsequent sales-day after due
and legal advertisement at the risic
1 / T-iJJ 4.U .
Oi tne lormer uiuuer, uie puituaaci w
pay for papers and recording of same.
H. H. Rikard, Master.1
Nov. 13, 1916. !
C. B. Johnson and J. C. Johnson, individually
and as auministrators ol
the estate of Thomas L. Johnson,
Mattie A. Johnson et a!,.
Defendant. ;
Pursuant to a decree in this action,
I will sell at public outcry at Newberry
Court House, S. C., during the
legal hours of sale, on salesday in
December, 1916, being the 4th day of
the month: " j
All that tract of land lying and situate
in Newberry county, S. C., kiiown
as the Nathan Johnson place, contain-'
ing two hundred and seventy (270)
acres, more or less, bounded by lands
of Malcolm Johnson, C. W. Buford, Mil- i
ler and Buford and lands of J. W.
Smith. I
Terms of sale: One half cash, the
balance one year from date of sale.!
credit portion to be secured by bond
of the purchaser and mortgage of the
premises, the bond to provide for eight
per cent interest per annum and for (
ten per cent attorneys fees in the1
event of collection by suit or actor-,
ney, with leave to purchaseer to pay
the whole bid in cash. Should the
purchaser fail to comply with the
terms of sale, the land to be sold
on the same or some subsequent sales
day on the same terms at tne hsk
of the former purchaser. Purchaser
to pay for papers.
*0. G. THOMPSON, J. P., L. C.
November 10. 191?5.
J. B. Hunter as Treasurer of Newber- j
ry College and the Semi-Centennial i
J ^ 4- T7n t-i rl
Ejiiuu v? uicui r ujiu,
Plaintiff, j
J. M. Ward, The Exchange, Bank of
Newberry, S. C., Johnson McCrackin
Company, J. M. McCothran and Ade- j
line Silvev and W. 'At. Spear ah exe-l
cutors of the Last Will and Testa- j
ment of John Silvey, deceased, and;
W. A. Spear, A. C. McHann, R. K.
Rambo and W. T. McCullough, part- -
? - ? xi
ners doing ousmess unaer tue ui m; ;
name and style of John Silvey &
Company, and the Newberry Real ]
Estate Company, }
Defendants. \
By virtue of an Order of the Court, <
i-ePfcih-I *wHT s?n: t6"t5e 'highest "bidder \
it public auction before the Court ]
House door at Newberry, South Caro- i
ma, -wltliiri the legal hous of sale on
Monday, salesday In December, 1916, j
1 three men ^1 ' 'I i
pes where I feflSft|}:ju ji HK
d before! I X^SURMNftPiPE'AND : *$
i wm
Ill m
tasted the like of it! IB\
Ir'tf *
2hb ;
a pipe or roll a ciga- ?;
ke if they use Prince
yet given P. A. a tryjid
a lot of enjoyment
ly invest in a supply.
m story!
Winston-Salem, N. C. .
the same being the fourth (4th) day
of said month, the following described
property to-wit:
All that piece, parcel or lot of land
lying, being and situated in the town
of Newberry, county and State aforesaid,
containing *"'xth-tenths K>jlO) of
an acre, more or less, and bounded a,.
by lot of, or formerly of, G. G. Sale, .
lot of G. M. B. Epting, Summer street ?
and Johnson street. This being the
same lot of land this dav conveyed tov
me by the said The New-berry Real
Estate Company. ^
Terms of Sale: One-half of the purchase
money to be paid in cash and thebalance
in twelve months from date
of sale, the credit portion to be secured
by the bond of the purchaser
and a mortgage of the premises, which
bond and mortgage shall provide for
interest from the da? of sale and until
paid in full, at the rate of eight
per cent per annum, interest payableannually,
and sball provide for tert
per cent attorney's fees in case ol
collection or suit by an attorney; and.
the said martgage shall provide for
insurance of the buildings on sail
premises for their insuranceable value
and an assignment of the policy to
the Master as collateral, with leaveto
the purchaser to anticipate thecredit
portion in whole or any part,. ?
uie purcnaser to yay iur ya-yers auu.
recording of same.
H. H. RIKARD, Master
NOT 13, 1916.
Mary Alice Dominick, in her own Right
and as Administratrix of the Per- sonal
Estate of J. H. Dominick, deceased,
Willie Lake Dominick, Vic- toria
Elizabeth Dominick. Furman
T. Dominick and Jacob Raymond DominicL
James P. Ceok, Ezra A. Counts, Sidney
Eugene Cook, Ruby Cook, An~
nie Cook, Paul Cook and Alic*
Louise Counts, Defendants.
By virtue of an order of the court
herein I wfll sell before the court
house at Newberry, S. C., on salesday
in December, 1916, the same being the
4th day of said month, within the legal
hours of sale, to the highest bidder,
a'l that piece or paicel of land, lying
an<j being situate in the county and
State aforesaid, containing one hundred
and ten acres, more or less. The
sam,^ being located near the town of
Prosperity, and being bounded, now
or formerly, by Dick Wheeler, (Anderson
Xates, T. M. Cook, J. D. Kibler,
J. C. Counts and the public road
leading from Prosperity to Columbia,
the same being known as the "Home
Place' of the said J. H. Dominick.
Terms of sale: One-third of the
purchase money to be paid in casii, the
balance on a credit of twelve months,
with interest from day of sale, at the
rate of eight per cent per annum; to
be secured by bond of purchaser and
mortgage of premises; said mortgage
to provide ior ten per cent, auuiuc; ?
fees in case of foreclosure or collection
by suit. Purchaser to paj^ne
hundred dollars i nmediately^^fljB^^^^M
acceptance of his bid, anc^jf
:o do so, land to be r?^
y at bis risk, wit
^li&ser to anticin*
fie cr

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