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i . 4hr Lilian fljeralii ? tHEBSCBLPTIOX - $2.50 Per Yr. BUlon, S. CV October 21, 1920 JIUSIXESS OX THE UPSWING Bar"- ? - CCy Irving T. Brush, in T^e New York Commercial.) business is on the upswing, Ifhere is no danger in being optimis"tle. When business is on the downi swing, It Is unwise to be pessimistic, for pessimism breeds discouragement loss of courage is the father of failure. Restrained common sense Is good at all times. It is absolutely ^essential on the downswing. This country has passed through Sre years of unexampled prosperity. A period of readjustment has arrived askl it is best for every one to face Che facts. There is nothing to be Chtned by getting blue because busi neas cannot continue rorever on tne ' pairing. It never has and it never ill if we loolc at the best interest "Of the country, we must be forced to the conclusion that it is time a halt was called. A generation or so ago our business affairs were local to this side of "the Atlantic. Today they are international and If we are to continue to wadleasly boost the prices of everything that goes into a manufactured inroduct, the time will soon be reached when other nations will undersell as In the markets of the world. The preservation of our foreign markets is, if anything, more important to labor than it is to the owners ?f Industry, and the important fact to eveTy one, labor included, is not ltow many dollars are received at the end of the week, but what the contents of the pay envelope or the proceeds of the salary check prill buy In the way of comfort and happi-j S -BOSS. lit Js far better to keep the cost, of Tomfort and happiness on a basis whero it can bp nnrrhased in this country for no more than Jt can be Ixraght abroad, for if we do not do *th!s, other nations will undersell us 'ta foreign markets and both the labor ?nd capital of this country wiir lo?e "that part or their job which is represented "by producing manufactured ftp . "Woods that are sold by us to the peo-ple o? other countries. I?) n During the war the world has laid Us money on our counters and demanded our goods because we were *he only producing nation in a position to supply these wants.This period has ended and trade will return to its normal condition, which means that we must compete for foreign business. While this period of readjustment "fa going on, some people who have "been skating on then Ice may get their font wet. We will not have a panic In acceptance of that term. Ha term "*panis" in days gone by has tmn associated with an actual inability to get a recognized circulating medium. The ignorant have beseiged banks for something they could; flake home and count. That was be-< am we had a poor banking sys-. With 'the Federal Reserve system \ 1b action the necessary circulating, "medium can "be provided and the Hmttces can 'be applied with sufficient i care to prevent everybody from being1 jolted out of their spats. That was| dk? unpleasant part of our former janjcs. Everybody was punished) whether he deserved it or not. There has never yet been discover" ?! a method by which business can I fin -conducted permanently upon an) iunsound "basis, but our present bank-| ins syF?ni makes it possible to let -so gradually that the smash is1 only felt by those who have so con-j ducted their business that it cannot. be* avoided. JDjur blessings have been recounted WD'dften 'that everybody should know thorn by heart, but when a man feels blue about the future of this country, . it is wise to sit down and count them over again, recall the days before the war, when the people of the United States owed Europe vast sums, for xnoaey loaned to us for the purpose of developing our resources and when we sent hundreds of millions of dol-' lars a year abroad to pay the inter,est Da this bororwed principal. Today .that debt is paid and we are the chief .creditor nation of the world. IQrom a money standpoint, we can ? look the world in the face. The essential thing for us to preserve is that greatest assets of all?the spirit of America. This country has not grow" great by sitting down and talking about its resources. It has grown because its people have rolled up their sleeves.a id forked. *Te are in a position today .to withstand a money panic and in fact any .kind of a panic, except of our spirit and courage. When we begin to beJieve that we can produce without twork, and are entitled to comfort and luxury without putting our backs and 2uains into it, then the danger signal indeed, set. The man with the right stuff in iiiq ui liaixi iuii>cs uuuer a liiue au ersity. He cuts out his folish extravagance and gets down to real lionest work. A nation is but a collection of individuals and the thing we need to restore the spirit of America is less talk and more work. "Those who are worth while will come through with a new courage, .and those who are not worth while v are not worth much, anyway. o WORKING ON PREACHERS Republican Chairman Sends Literature to Clergyman hi Marlboro. The Charlotte Observer says: Rev. A. G. Buckner, minister of u?e x'resnyierian cnurcu in ine uuueu States, Synod of South Carolina, Presbytery of the Pee Dee, forwards The Observer a copy of a letter signed by Chairman Hays, of the National Republican Executive Committee, and addressed to "the clergy of the country." There are three enclosaures to which Chairman Hays urges the preachers to give "careful reading,"* and he assures them .the enU. closures "have been thoughtfully prepared and are in no sense partisan.'1 One is on "The Clergy and the 'League of Nations." by George Wharton Pepper, of Philadelphia; another is an eassay by Bruce Barton on "Harding and the League of Nations," and a third is "A Letter from the Liquor Dealers' Association of New Jersey," signed by George T. Carroll, president. Chairman Hays would be "delighted'' to have the preachers read this literature, "and , ? : J win vmiDed I nil! IUUIIULL SHE v Help Jimmy C( The Pri By investing one ing contest on I new automobile | the Fair Ground: 1 ing, 8 p. m. Octol The latest reduced pi bile is $4500.00. 1$ t drawing falls short winner has the optioi erence or accepting 1 as he chooses. I This Car now on | building at the fa I TAKE A CHA j "MERCER", Ame I famed for it's be i endurance. | Sample ( | Coat 1 At ^lne 0: & been 1 y ' new v , are o: | iljH of tbe t j^M mentj '? ? custo .? balf tbe price tile: * for. Youbave the act quick to buy 1 tremendous reduc sale or cost sale w ? our prices. If yo . nnnnrfnnif-v vou\ Tf * * f select yours. v Coats priced at $6. t & Suits priced at $16. ^ Dresses " at $8.7 ^ Genuine Largai entire store, as ^ kougkt, and are d goods at tke reduc I Jones Dry to have your suggestions." But Chairman Hays is not engaged ( solely in writing letters to the i preachers. It is understood that he has been honoring some of his color ed brethren in North Carolina and it ' is altogether probable tha t some of J his correspondence will develop a .1 greater public interest than that ! which he has sent the preachers. 11 Chairman Hays seems not only active but ingenious as a political propagandist. / I F II MERGER DSTER id ix Win Himself isidency dollar in a drawthis magnificent tn ha marlp at V vr iv-r v ? v p 5, Saturday even- < I t>er-23,1920 I -ice of this automo- i ;he proceeds of this of this amount the I a of paying the diff^500.00 in cash just ? i ' i exhibit in . main ; ir grounds, NCE to win a rica's fastest car auty, speed and V A / :oats and f I ouus ? T lesale Cost i | kave just pur- } ckased from a * lg wkolesaler of laeady-to-wear tkeir | f salnples wkickkad narked down to tke * price level. We allowed 25# dis- * in addition; tkere A i r 1 . 1 . nly one ot a kind :se remarkable gar- >j 3 and we are going ss them on to our X mers at about one *<? y were made to sell ! opportunity if you $ :hat coat or suit at X tion. No sacrifice rill be able to touch # u are alert to your ^ vill come early and | o V ^5 and up to $49.50 ^ 50 and up to $57.00 5 and up fo #45.75 V v ns throughout the v we have not over- : aily getting in new *; ed prices. * ' Goods Co,? f . \ ffiSSBSSBlHEaS s s i Trade C s a a a a a j a is Loo& oyer c a . | dise, and W( is that will wc is ? is m is is | With a viei | subject to disci | to accept cottoi i basis middling, in i her 1,1920. s ' I 1 The growers o i too cheap, and i that have obligj | similar nature i I clearance -in thi a to that end at thi ffl si 51 A C _ a uur line 01 m a and we are offei | vailing. On any | cotton on the b | you confer with 1 | in keeping with ti a a ? We take thi a | ciation of your pa 12J ? date a continuant a . ? Joyed in this com | inspect our stock: I cles in our line. a a ? a I PALME I C( 9 1 a a a a wiassEassiia^ i aaaaaaBaaaaai otton? Use It ? I mmamammmmmmmmmmm / mr stock of varu e will always ma irrant you in gi business. ? to meeting trade coi intinuance at any time a 1 at twenty-five 25c) payment of any obligatii f cotton are of the ide we are making this ofi itions with us. We n 1914 and it worked - _ __ 1 il e iraue situation, ana n i 9 e present time. / erchamiise at the presen ing values based on the articles that you consi asis above referred to, ik anil WA will alwavs ( Ml# U11U VI V VI 111 HI II MJ V ? tie values considered. i s opportunity to express tronage and assure you t ce of the pleasant relati nection and ask that you s of merchandise when ii no BAR MfAI DILLON, S. ( ?ffl??SHS)SS!l0 ffl ffl 2 v si m* s * nit ? is Money H a ffl <* ffl / |?j id merchan- ffl m m ike you deals |j I a ving us your | |. l . iditions we offer, a S3 ' ind without notice, ? cents per pound, a p r (5| on as held on Octo- a s h a i' a that it is selling g | S5 4 er to assist those | % had dealings of a jg: to a satisfactory gi i Us offer will work | . s v -vr ^ s I2H UXJ t time is complete | market prides pre | der purchasing with | we will ask t;.:t | jive offers tk:t ere | is m A izim ?W to you our appre- | hat we will appre* g Is ons we have en- | IS visit our store and | i need of any arti- | a a a ===== a a a DWAREI my r f -? " is s a a m IS IS IS IS IS IS IS IS IS SIS