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VESR OF PROGRESS
FOR THE COLLEGE
Pro»byt#rian Collefe Makes Consid-
erabie Ciam During Past Year
and Faces A Bright
Future.
NEW YEAR GIVEN
NOISY GREETING
With the dose of the year 1923, a
resume shows that the Presbyterian
College of this city, has made for
ward strides in many ways.
A cause for gratification is the
award of the contract during the
past few days for the new Smyth
•dormitory' at a cost of approximate
ly $100,000. An* Anderson concern
ha s secured the contract and will
begin work at once.
Another outstanding event of the
present year is that of the new gym
nasium, the gift of Colonel Leroy
SpriftgB of Lancaster. The gymna
sium *rtl) represent a cost of approxi-
$123,000 including the swim-
pool, and is the gift solely of
tk® *j«ncaster mill executive. It will
> the largest recreational building
in the state, and in every detail of
• 'V?.
its Construction and equipment will
be unsurpassed. It is hoped to have
this building completed by the be
ginning of the 1924-’25 session.
It al so became necessary during the
year to enlarge the dining hall, this
work having been completed about
the 1st of December. The present
dining hall is now capable for car
ing for all students in the college
and for additional ones that may
come when the new dormitory is com
pleted.
The athletic field started in 1922
was also completed in 1923. It pro
vides excellent playing field for base
ball and football and is encircled
by a cinder track, generally said to
be one of the best in the South.
Another distinction during the pre
sent year was that shown by the
Southern Association of Colleges and
Secondary Schools, which admitted
the local institution to membership.
The Presbyterian College of South
''aroiir.a is one of the seven colleges
in South Carolina holding member
ship in this organization.
Another couse for gratification
among the college officials and stu
dent body is the announcement that
came just preceding Christmas that
a five year contract renewal had been
signed by Coach Walter A. Johnson.
This put at rest the many rumors
that he would leave here to go else
where. Coach Johnson began his ca
reer here in 1915 and since that time
has placed P. C. well near the top
in South Carolina college circles.
The fact that he is to remain with
the institution brings genuine satis
faction to all.
The present student body numbers
over 200, but as soon as the proposed
dormitory becomes a reality, Dr.
Douglas believes the student body at
the beginning of the 1924-25 session
will number, perhaps, 100 more. Lim
ited rooming capacity had been one of
the largest hinderances in the grow
th of the college in the last few
years.
In every way the institution is ad
vancing and the coming year bids
fair to be filled with even more good
things than any other year in the
history of the institution.
Birth of 1924 Heralded Forth Over
City In Noisy Fashion.
The birth of Young Miss 1924 was
greeted with riotous acclaim Tuesday
morning by a number of Clintonians
who welcomed its arrival. As the big
orphanage clock chimed its twelve
meliflous notes, the air was pierced
with the ringing of church bells, the
shooting of firecrackers, pistols, etc.,
heralding forth the news that the
old year was dead. Even to those
who had gone to sleep, the midnight
noises were heard and many were
awakened to give vent to their joy
in the coming of another year, re
minding aft that 1923 fvas -passing
away painlessly.
The postoffice and banks of the city
observed the first as a holiday. Sev
eral mercantile establishments were
closed taking stock and getting the
ledger ready for the journely down
another milestone—1924.
CLINTON, S. C., THURSDAY, JANUARY 3rd, 1924
OPTIMISTIC NOTE SOUNDED
AS NEW YEAR STARTS
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COLUMBIA GIRL
RETURNS HOME
OUTLOOK FOR PROSPERITY FOR COMING YEAR IS BRIGHT
THROUGHOUT THE COUNTRY, BUSINESS LEADERS SAY.
SELLS DRUG BUSINESS
Dr. E. Mood Smith of Laurens, Buys
Drug Business of Dr. 1). ().
Rhame.
Dr. E. Mood Smith of Laurens,
Pharmacist and Optometrist, has pur
chased the drug business of Dr. D.
O. Rhame and took charge on the
first of January.
For the past several months Dr,
Smith has been located in Laurens
for the practice of Optometry. For
merly he was engaged in the drug
business in Leesville but had the
misfortune last May of losing his
store by fire. Since going to Lau
rens he has been engaged in the
practice of Optometry exclusively,
and upon locating here he will con
duct a drug and optometry business
jointly at the same stand on West
Main Street.
Dr. Smith is the father of Dr. Fel
der Smith of this city, and since lo
cating in I^urens, has frequently
been a visitor here where he has a
number of friends and acquaintances,
all of whom are glad to learn that
he is to become a citizen of Clinton.
He expect? to move his family here
as soon as arrangements can be per
fected.
Dr. 1). O. Rhame in disposing of
his drug business, has made no an
nouncement as to his future plans,
though it is understood he will con
tinue to make Clinton his home.
His friends in the city will be glad
to know that the business change
does not carrv him elsewhere.
Goe To Baltimore
Dr. Bernard N. Hatcher, colored
physician, left Monday for Balti
more where he will be located for the
practice of his profession. Dr.
Hatcher came here seven years ago
and during that time enjoyed a
large practice among his people. He
stated that he will have a larger
field in Baltimore and for that reason
decided to leave Clinton.
A BUSINESS CHANGE
Yl. S. Denson Buys Interest In Well
Known Grocery Firm of City.
Following the dissolution of the
firm of King k Little as announced
last week, W 7 S. Denson of this city,
has purchased from John W. Little,
owner of the firm, half interest in the
business and beginning January the
first it is now conducted under the
firm name of Little & Denson, with
Messrs. John W. Little and W. S.
Denson as owners.
Mr. Little has been associated with
this firm since its organization. Mr.
Denson is well known in the grocery
circles of the city, having been a
member of the firm of Simpson Gro
cery Company and later the sole ow
ner of the business before selling out
to Baldwin Bros. Both of these
young men are well experienced in
the fancy grocery business and state
that ii is their intention to conduct
one of the most complete and modem
stores in the city or this sec-
Goeats «f Laurens Club
of the Thorn well Or-
11 team, accompanied
Lynn, were the guests
Business Leag»e at
held
COLLEGE OPENS TODAY
Students Return To City for New
Session's Work Following
Holidays.
Though the children of the public
schools will not be required to put
in appearance for school work until
next Monday, the other institutions
in the city are resuming work this
week. The Thornwell Orphanage
schools re-optned Monday following
the holiday rtriod. The Presbyter
ian College will resume work this
morning, the in-coming trains yester
day bringing in the students through
out the day.
CHILDREN SELL SEALS
Names Are Given of Those Leading
In Sale of Little Christmas
Red Cross Seals.
Several children of the city schools
volunteered to assist in the sale of
the little Christmas Red Cross Seals.
They had a* their territory the resi
dential section of the city and many
of them made splendid records in
their work under the direction of the
chairman, Mrs. J. Hamp Stone. The
distinction of selling the largest
number of seals goes to the following
young folks: Reginald B^ake, 700;
Isaac Copeland, 600; Elizabeth Todd,
369; Lottie Chase, 225; Ouida Cox,
200.
At A. R. P. Church
The meetings of the Billy Sunday
Club for the month of January will
be held in the A. R. P. church. The
club meets every Sunday afternoon at
two o’clock and a cordial invitation U
always extended all visitor*.
New York, Dec. 30.— Leaders in the
field of business and hanking in the
United States are looking forward
to a prosperous year in 1924.
Forecasts for next year’s trade,
prepared by some of the leading
industrial and financial executives of
the country, generally breathe the
spirit of optimism. Opinion among
them is virtually unariimous that the
adoption of Secretary Mellon's tax
reduction program would -be a -great
simulus to business and industrial ac
tivity. While it is admitted that the
unsettled European economic situa
tion has an adverse effect on ship
ping and the copper and wheat mar
kets, it is generally agreed that it
does not control domestic business
prosperity.
There is nothing in sight to cause
apprehension for the near future, in
the opinion of F. H. Gary, chairman
of the board of directors of the United
States Steel Corporation. Next year,
he said, should be a better year than
1923, which was characterized by a
marked revival of business followed
by a period of decreased activity, and
then a period of renewed optimism
and cautious buying.
“As an indication of our confidence
in the business future of the coun
try,” asserted Charles M. Schwab,
chairman of the board of the Beth
lehem Steel Corporation, “l would
point out the fact that our corpora
tion is spending $25,000,000 to perfect
its facilities for turning out steel ami
steel products at the lowest possible
prices at our I^ckawanna plants in
Buffalo.”
Business men,” Mr. Schwab added,
“should be very much heartened by
the soundness of the views expressed
by President Coolidge in his initial
message to the country. 1 feel the
president, to a remarkable degree,
has voiced the opinion of the Ameri
can people and that congress cannot
disregard his suggestions.
“Business may be hampered at
times, hut the driving force, the com
mon sense and the initiative of the
American people will, in the end, ov
ercome any and all obstacles and we
are bound to proceed on o„r prosper
ous way.”
While expressing the be! ; ef that
“no other industry holds quite the
amount of uncertainty that the oil
business does, for the reason that no
one can foretell for any long period
ahead the course of petroleum pro
duction,” W. C. Teagle, president of
the Standard Oil Company of New
Jersey, takes a somewhat optimistic
view of the outlook for 1924.
“Throughout 1923,” Mr. Tragic
said, “the volume of husi-ms has
been good, but much of it at prices
that allowed no profit to th» producer,
refiner or marketer unless the latter
happened to be a jobber with no lia
bilities either as a producer of crude
or a refiner.”
Over-production of crude oil
brought about by flush yields in cer
tain Texas, Oklahoma and CalT'ornia
fields, Mr. Teagle went on to say,
contributed so generously to the pro
duction from older fields as to mean
throughout much of the^tNir a daily
surplus in excess of consumption of
about 300,000 barrels. In \recent
weeks, the Powell field has dropped
off to well under 50 per cent, of its
maximum output, and the California
wells have evidenced failing gas pres
sure.
“With further gains in consump
tion probable,” added Mr. Teagle, “it
looks right now as though the country
should begin consuming more petro
leum than it is producing around the
middle of next summer. If new pro
duction does not upset this estimate,
there should be a movement of stor
age oil into consumption the latter
half of the year. There has been a
decided lift in sentiment apparent in
the last fortnight, and so far as I see
ho reason to think that-this new opti
mism will not prove to be justified.”
“Nineteen -twenty-4our - should- be
a banner year for the pertoleum in
dustry,” declared H. F. Sinclair, chair
man of the Sinclair Consolidated Oil
Corporation. “In the last two years
eight major fields have been discover
ed or brought to their peak of produc
tion. Any two of these fields, ten
years ago, would have demoralized the
industry. Naturally, production has
exceeded the immediate demand,
but the tide began to turn last sum
mer and consumption should soon ex
ceed production.
“The American public should real
ize that the present price of petro
leum products is abnormally low and
cannot be permanently maintained.
No industry can be expected to con
tinue operation at a loss. It is an
economic impossibility. A few com
panies may he making profits, but
the industry as a whole is losing mo
ney, and has been since 1920. This
has resulted in a seeming benefit to
the consuming public, but in the long
run the unprofitalbo operation of any
basic industry cannot be beneficial to
consumers.
“A peculiar aspect of the last two
years of ’depression' has been that
during this period crude oil consump
tion has actually increased 33 per
cent. This fact in itself gives ample
assurance that the industry will be
able to climb back to a normal con
dition and earn a reasonable profit.”
“It is not easy at this time to make
a forecast very far ahead,” declared
Alfred P. Sloan, Jr., president of the
General Motors Corporation, “never
theless I cannot see any fundamental
reason why 1924 should not be at
least a satisfactory business year, and
1 can see many reasons why it ought
to be an exceedingly good year.”
“There is nothing in my judgment,”
Mr. Sloan added, “that would be more
constructive than a general recogni
tion on the part of both parties of
Secretary Mellon’s proposal for tax
reductions. I do not think any other
single thing would inspire as much
confidence or do as much to stabilize
business in this country, and it would
surely rebound to the prosperity o f
all classes.
“1 do not think European conditions
are going to have a great deal of in
fluence. Of course it is hoped that*
the situation will be cleared up aifd,
if it does, it is bound to have a good
effect on sentiment in this country.
My own impression regarding that
situation, as evidenced by yearly vis
its since the war, is that irrespective
of the financial status of the various
governments, the economic position
of the individual is continually im
proving, and as long as that contin
ues a satisfactory result is sure to
work out sooner or later.
“Taking it all in a!!, 1 am optimis
tic as to the outlook for 1924, but
believe that caution should be exer
cised and especially large enterpris-
ts should watch their position care
fully. Probably that pertains at all
time^ but I believe it especially ap
plies to the forthcoming year.”
Prosperity for 1924 is assured if
(Continued on Page Four)
m
Virginia Boozer Starts 1924 Under
Parental Roof—Was In Florida.
Columbia, Dec. 31.—After* two
months of experimenting with life on
her own resources, Virginia Boozer
returned to Columbia this morning
on the train from Jacksonville, ar
riving at 5 o’clock. Her homecom
ing was entirely unexpected.
It will be a happy New Year in
this home. Thanksgiving had passed,
Christmas with its preparations for
the girl’s home-coming had gone,
and it was on the brink of a new
year. .that Virginia came home. It
is singular that with all of the-fmfKres
■sent nut -over the country through
fraternal orders and theater employ
ment agencies, Miss Boozer during
the entire two months that she was
away was never accosted by anyone
who knew her identity, she says.
“Experimenting.” She Said.
Her statement is to the effect that
she merely intended to make an ex
periment to see if she could, unaided,
make her way alone in the world,
and after she had found out to her
own satisfaction that she was capa
ble of earning her own living, she
decided to return home. She says
that while she was in Jacksonville
she was employed in a department
store and lived at the Y. W. C. A.
There is a wee bit of suspicion that
the girl might have been just a tiny
bit homesick Christmas and that
hurried her home.
She denies that she ever had any
ambition to seek a career in the
movies, that naturally in the course
of conversation she had told friends
casually what she would do if she
were on her own initiative, but she
had never intimated that she was
ambitious for stage career.
Also she denies that she ever
changed trains at Denmark and went
to Florence, but she says she went
straight to Jacksonville.
The people of Columbia rejoice
with Dr. and Mrs. Boozer, who have
had a wealth of sympathy and at
tention shown them.
\Vorked In Store.
Jacksonville, Fla., Dec. 31.—Miss
Virginia Boozer, University of South
Carolina student, who has been mis
sing from her home for two months
and who returned to Columbia to
day after an extended search had
been conducted for her, came to Jack
sonville in November and obtained
employment in a local department
store, it was learned tonight.
Miss Booze)', it was said, in ask
ing for employment stated she was
out of funds and was making her
own way. She
her family was once wealthy, but ,
h;;J lost their money. She was giv- ,
cn a job at the pattern counter and i
has worked there since coming to!
Jacksonville. I
Dispatches from Columbia today |
stated she left her home eaiiv in'
NfW NHiMinf
r k '* »V .' ■ • : ' .
Thomas Smyth Dormitory At Pres
byterian College Is Now Under >
Construction.
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The handsome new dormitory of
the Presbyterian College, bearing the
name of Thomas Smyth, -will soon
grace the campus of the institution,
the contract for the building having
been let during the past week to Con
tractor C. M. Guest of Anderson.
— The price fur the dormitory com
plete without heat and ^ plumbing,
was $73;0bfr. : It ig 'eBtimated ISSfrlfrt :
plumbing and heating will cost $15,-
000. Added to this the architect’s
fee of five per cent, the total coat
of the building will be $92,400.
There has been subscribed outride
of the Town of Clinton for this build
ing, $74,000. This is approximately
the cost of the dormitory without the
heating and plumbing system, and
it is going to be necessary to raise
this additional amount of $20,000,
covering these two items, before the
contract can be let. Clinton has been
asked to give $10,000 and up to date
only about one-half of this amount
has been subscribed. It is hoped
that a number of citizens of the
community will become interested and
avail themselves of this opportunity
of assisting to make possible the
proposed building.
The dormitory will be one of the
most modern and attractive in the
South. Work is to begin at once
and it is planned to have the build
ing completed before next fall at
which time the Synod of South Caro
lina is to meet with the college and
the members of this body are to be
entertained in the new dormitory up
on its formal opening.
K1WANIS CLUB ELECTS
ITS 1924 OFFICERS
Rev. Edward Long Will Lead Clcb
For the Enauing Year—Other
Officers NuofCd Also.
The Rev. Edward Long, pastor of
the First Baptist church of this city,
was elected president of the Kiwauis
Club to head the organization during
1924, at the regular annual election
of officers meeting Tuesday at tiii
luncheon at the Clinton Hotel.
The remaining officers elected wee:
Vice-President, Dr. A. E. Sper. er,
Treasurer, W. D. Copeland.
District Trustee, Dr. Dudley Jones.
The board of directors: B. H. Bu; d,
is quoted as sayin-1 R ' K ’ Fer * uson ’ Dr * W * U ’ Smiln '
once wealthy, but i C ' W ’ StonP ’ ( ’ W H * Si ^’
son and B. L. King.
The new officers will be installed at
an early date. Immediately after
their installation, the directors '..'ill
select the new secretary.
At Tuesday's meeting the club se-
November, ostensibly to visit friends! lecte<1 P>iday evening, January 18th
in Spartanburg, S. but never ar
rived there.
WORK BEGINS ON
NEW POSTOFFICE
THE SEARCHLIGHT I
..
..
•.
. •
Ground Is Broken for Handsome
Structure on North Broad
St reel.
During the past week ground has
been broken for Clinton’s new post-
office building on North Broad Street.
The Perkins Construction Company
of Greenville, has the contract and
the building must be completed with
in one year. The digging of the
foundation and laying off of the lot
! is now under way and work will be
! pushed to complete the building at
j the earliest possible date. It will be
of pressed brick with white trim
mings, 62x84 feet in dimension, and
will be modern in every respect and
well adapted to a town this size.
as “Ladies Night” at which time the
members will have their wives and
friends as their guests.
ANOTHER DIVIDEND DAI
;i
;
The mariner stands on the bridge of his ship, peering into
the dark. Suddenly the flaming finger of a searchlight flashes out.
The surrounding waters Wcome bright as day. The course is
clear.
Advertising is analogous to the searchlight. It throws its
broad beams across the pages of this paper, pointing out with
shining clearness just where to go for what you want, and how
much you will have to pay.
In the advertising columns you can find the wares of pro
gressive Clinton merchants. ^Jfou .can read the offerings, compare
the values, chock up the staietoonia with your previous shopping
experience, and then make yo»r selections. There’s no wasted
time, no needless footwork, no inconvenience.
The mariner wisely follows the searchlight. You can just
as wisely follow the advertisement*. They are here for your
guidance. They lead you through the broad, straight channel of
safety, security and satisfaction.
Follow THE CHRONICLE Advertisements every week.
4 »
« *
Schools Open January 7th
The Clinton city schools will resume
work next Monday morning, January
7th, following a two weeks’ Christ
mas vacation. The members of the
faculty are expected to return from
their respective homes in time to
enter upon the new term’s work
which will proceed without interrup
tion for the remainder of the session.
Now With Kellers
Dr. Fayette Henry, son of Mr. and
Mrs; W. J. Henry of this city, has
accepted a position with Kellers Drug
Store as pharmacist and is entering
upon his new duties this week. Dr.
Henry is a recent graduate of the
Medical College in Charleston and
has been located at Pickens. His
friends here with learn with interest
«f his return to the city.
Clinton Institutions In Splendid C>.t-
dition and Pay Regular Semi-
Annual Dividends.
January first, is dividend day, and
to those who are numbered amoug
the stockholders of the various finan
cial institutions of the city, is look
ed forward to with keen intere'it.
The banks, cotton mills, and ware
houses, have enjoyed a good busi
ness during the past year and the
annual repo**ts show all of these in
stitutions in prosperous conditions.
The dividends as announced. Ja.va-
ary first, are as follows:
The Commercial Bank, 5 per cent
semi-annual a capita) stock of
$60,000. “
The First National Bank, 4 iter
cent semi-annual on a capital
of $100,000.
The Clinton Bonded Warehouse
payed a 10 per cent dividend in the
summer on its capital stock of $10,-
000.
The Peoples’ Bonded Warehot-i^
10 per cent on $20,000 capital stock.
The Lydia Cotton Milh, 4 per cent
semi-annual on $160,000 capital stock.
The Clinton Cotton Mills paid 5 per
cent semi-annual on its capital stock
of $350,000.
The Banna Manufacturing Com
pany of Goldville, paid a dividend
of 4 per cent semi-annual on its
capital stock of
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