BMP ~ VrTJf-r*^-' • 'V ^T' • ■ ' ' ■ ' l' ■ ' • - <- ' ' <■ % •» »*.■ # #MM4 If You Don't Read THE CHRONICLE You Don’t Get The News ®tte Olltnlnn Ollfrnnirle VOLUME XXIX- CLINTON, S. C., THURSDAY, OCTOBER 31, 1929 . ^ Next week has been designated as “Chamber of Commerce Week’’ in Clinton, during winch period a cam paign will be launched for an enlarged membership for this organization in order to more effectively carry for ward its work during the coming year. Already a number of local business and professional men are included in its membership, but there are a great many individuals and interests in the community that are not affiliated with the organization. It is to enlist, if pos sible, the interest and support of this class that the campaign is to be un dertaken. The drive is being launched under the direction of President C. F. Winn who has untiringly worked for the success of the Chamber of Commerce. Two classes of memberships will be sought, active and associate. The following well known local cit izens compose the officers of the or- much for her. Shortly after midnight she radioed she had sprung a leak, the pumps were*not working properly, the hold was filling with water and that she was in need of assistance. She requested that tugs and steamers come out and “stand by.” Two coast guard cutters, one from Racine and the other from Kenosha, re sponded. Shortly before 5 a. m., the first lifeboat was lowered and in a few minutes a coast guard cutter took its human cargo aboard. This manner of rescue continued until five boat loads had been taken aboard the two cutters. The cutters were unable to get alongside the Wisconsin because of high seas. With their burden of shivering hu manity the cutters docked at the coast guard station here and immediately returned to stand by. In the meantime, a Chambers Brothers fishing tug went to the scene, arriving shortly after the Wisconsin went down at 7:15 a. m. ton organization as soon as details ar j perfected, will become a member of the Quality Service Stores of America, Inc., a national organization perfected to control certain copyrights used in the group work. The first of the Quality Service groups was formed in Lynchburg, Va., fout years ago, acting as an advertis ing display grocer group. Eighteen months later a similar organization was started in Roanoke and prelimi nary work got under way for a third group of this kind in Bluefield, W. Va. Independent grocers were faced by dent; Gilbert B. Blakely, vice-presi dent; W. W. Harris, secretary; Goyne L. Simpson, treasurer. Addtiional di rectors: W. D. Copeland, J. F. Jacobs, Jr., Rev. John McSween, Geo. H. Cor- nelson and R. A. Steer. Membership Committee The following canvassing commit tee will cover the entire town next Columbia, Oct. 28.The state high way bond program seems to be find ing its position strcngtheneil. Farther and farther away gets the possibility of further legal har.vlicaps to the road pro^am. Governor Richards stated today that he hopes to see the bond program taka shape at a very early date. One by one the opponents of the bonds nave announced their willingnes.s to abide by the decision of the staro's highest court. United States Senator Cole L. Rlease announced that he, as an at torney for the opponents of the bondi, would not go further with the case. Col. W. H. Keith, member of the house from Greenville, am. recognized legislative leader of the opposition to the highway progiam, indicated that he was not in favor of a prolonged fight, this statement following a con ference he held with D. W. Robinson of Columbia, and C. F. Haynesworth of Greenville, attorneys for opponents of the bonds. Minister^ and Laymen of This Preaby- tery To Attend Program for I*res- byterian College Campaign. : THE CHRONICLB : • • • Strives To Be a Clean Newn> • # • I paper. Complete, Neway, t. I and Reliable NUMBER 44 A meeting of all members of the Presbyterian college program of de liverance organization in the South Carolina presbytery will be held this evening in the First JVesbyterian church at Greenwood. Members of the organization from Clinton and vicinity, as well as all oth er parts of the presbytery, will attend the gathering, which begins at 7 o’clock. This will be a meeting of inspira tion and instruction at which final plans will be mapped out for the South Carolina Presbyterian portion of the campaign to raise $350,000 to deliver the college from debt. Joel S. Morse, of Abbeville, 'the presbytery chairman, will preside and a number of other leaders will be among the speakers. This is one of a series of group and Presbytery" meetings being held this week and next week throughout the synod. The Piedmont preAytery or ganization will meet tomorrow (Fri- iMost Frantic Selling Yet On Ex> change Threatens Utter Price Collapse. All Previous Records Pass Into Limbo. Harold Major of Anderson, also lyilday) evening in the First Presbyterian attorney for the opposiiion, is quoted church at Anderson. New York, Oct. 29.—Huge barriers of buying orders, hastily erected by professionaP financial interests today checked the most frantic stampede of selling yet experienced by the securi ties market which threatened at times today to bring about an utter collapse in prices. All trading records were broken, with a turnover of 16,410,000 shares on the New York stock exchange and 7,096,300 shares on the New York curb market. This contrasts with the previous records of 12,891,MO and 6,148300 shares, respectively, estab lished last Thursday and a st<)ck ex change turnover of 9,212,900 shares yesterday. Extreme declines in the active is sues ranged from $10 to $70 a share but many of these were cut in half in the rally which started in mid-after- noon and continued through to the close. as saying that he will not go further with the case. C. L. Johnson of Spar tanburg, who was the plaintiff in tne suit against the bond act, has been quoted as saying that he would look into the legal phases of the situation, week to secure new memberships, both' but he did not express his intention of active and associate, for the organi zation : ' Platt Prather, general chairman, Ed Stevens, A. E. McIntosh, R. W. Wade, W. H. Simpson, S. W. Sumerel, A. rapid changes in the food distribution ' 0‘Daniel, R. fe. Ferguson, Gilbert industry, and found in the policies of the new organization a method of ad vertising, store arrangements and a certain uniformity which they regard with favor. Officials of the organization pointed out that housewives throughout the states served by the Quality Service Stores are pleased with the efficient 'services offered by their grocers, the The Chambers picked up fifteen sur-1 new cleanliness and neatness of the vivors, eight on one life raft, four on i stores and the store personnel, and another and three from a lifeboat justl>»ave found it possible 'to make sub- as it capsized. A fourth occupant ofjstantial savings through dealing with the lifeboat was lost when the boat member stores of the Quality Service rolled over and the crev/ of the Cha.m- bers was unable to reach him. organization. Blakely, D. C. Heustess, W. A. Buch anan, Goyne L. Simpson, J. H. With erspoon, Geo. H, Cornelson, E, D. Craig, Harry Wilkes, Dr. J. W. Ditvis,! preliminary details, and are making R. A. Steer and J. F. Jacobs, Jr. taking the case to the United States supreme court. Many prominent lawyers have been quoted as saying that there is no legal groind for an appeal of the case. It is regarded as probable that bonds will be issued at an early date. Governor Richards and State Treasurer Scar borough have conferred in regard to i Bankers who had been hurriedly Other meetings scheduled include called into conference last night und Spartanburg tomorrow night, York tonight, Lancaster next Monday, Rock Hill next Friday, and Florence tomor row night. All group chairmen now have been secured for the -campaign, while the list of church chairmen and church again at noon today apparently stood aside at the opening as blocks of 10.- 000 to 80,000 shares were thrown into the market for whatever price they would bring. When this initial flood of selling had spent itself, supporting or ders l^gan to make their appearance committee members is rapidly being Lot with the intention of completely completed. Additional group chairmen I checking the streams of selling but and associates follow: Piedmont group with the avowed object of regulatt?ig County Delegation Authorizes Loan ready to issue the bonds, as soon as technical details are complied with. The request from the state highway commission and the statements as to the state highway revenue being suf ficient to take care of the bonds as is- The county delegation, in a meeting ■ expected to reach the governor held with the county board of com-j®*’^ treasurer soon, missioners in Laurens on last Tues-' day, adopted a resolution authorizing The act provides that not more | the supervisor and treasurer to bor row approximately $55,000 to meet Quality Service Stores of Clinton j running expenses for the balance of 2, Rev. Frank B. Estes, Walhalla, as sociate; Bethel group 2, Rev. T. M. Stevenson, Kershaw, chairman; group 4, Dr. W. R. Wallace, Chester, chair man; Charleston group 1, Frank C. Reddick, Charleston, chairman; Rev. T. A. Beckett, Jr., John’s Island, as sociate; group 2, Dr. J. S. Wertz, Es- 'till, chairman; Rev. F. B. Mayes, Beaufort, associate. Church chairman and associates for South Carolina presbytery include: Whitmire, J. H. Simpson, Rev, T. C. Bryan, associate. Aveleigh, Newlrtffry, D. W. A. N«v- than 20,000,000 of the $65,000,000 to- i ille. Rev. M. C. Dendy, associate, tal can be issued in any one year. It | Owings, Johnston Hunter, Dr. F. D. provides, however, that in lieu of the Jones, associate, bonds the state may borrow, the note the flow. Several times during the day, per- ticularly in the early afternoon -ind again toward the close it lookiii as though a fresh collapse in prices bringing ruin in its wake was inevit able, but each time the holes were plugged and the threatened disaster was averted. The deluge of selling carried total sales in the first half hour to 3,250,000 shares. Despite the facts, the prices of probably half of the thousand stocks listed OB the exchange have been cj: in half or more during the recent de cline and that the aggi*egate decline A life raiL oeanng eight turned and vicinity. will be painted uniform over completely three times just be-j*" color and will be further identified fore the men were rescued. On one of by a "Quality Service” sign at the en^ the year. About $49,000 of the 8um'^° be taken care of by proceeds of borrowed is for the special road and j bond issues later on. bridge fund and chain gang expenses. Governor Richards and Chairman C. tho turnovers Chief Engineer Julius'France. Full equipment of windO'W | $2,000 for the completion of the Eden|^- Jones of the highway commission, Bushman, of Manitowoc, Wis., lost his hold as he fought off attempts of his mates to pull him back on the raft. Later his body was recovered. On the second incoming trip the Racine coast guard cutter brought a cargo of 6 dead, including Captain price tags will be provided for display toad and the remainder for such items j each other, each com as interest, court expense, jail, sta- tionerry and printing, and lunacy, all of which appropriations have been ex hausted by unexpected drains. A part jof the $49,000, it was explained by the Through the Quality Service idea j Supervisor, was asked for to replace on regularly priced window displays on exclusive Quality Service Store merchandise. All windows of member stores will be in charge of a local rep resentative.^ . mending the other for their part in bringing about the success of the high way bond act. It is expected that by the end of 1930 the state will see a large part of ™ . ,in quoted values of all securities from Thornwell MemormI, W. W. Harns,|^^^ ^,3^, 25,000,000,000 dollars, only one cas ualty has developed among brokeraze houses thus far. Suspension of the Dr. L. Ross Lynn, associate. Liberty Springs, R. A, Boyce, Rev. F. T. McGill, associate. Lisbon, R. L,-Young. Mountville, B. R. Fuller. Rocky Springs, N. J. Anderson. Laurens First, C. F. Fleming, Rev. E. I). Patton, associate. Dorroh, D, L. Brooks. Friendship, G. C. Abercrombie, Rev. Morrison and Engineer Bushman. AIL member stores will be enabled to car-' funds'expended for repairs made after i or surface treated, six w^re picked up floating in the ry on a complete advertising campaign "^be recent freshets, water. Several still were alive when I from Dfeek to week. Local merchants the newly projected highway system ,.!. L. Shannon,*associate. New York curb exchange firm of John J. Bell & Company, fer failure to meet its obligations was announced shortly after the market opened. Inasmuch as this firm was not engaged in a gener al commission business the failure had no serious consequences. On ]Vov. 12th picked up but died from exposure en.who have been interested in organiz-! «T Nlcrllf” route to the dock. ing the Quality Service Stores here, Uica On its second trip the Kenosha cut-! point out that it was the purpose of ter brought in six survivors, all alive, l-the stores to offer economies which On their first two trips from the I would be impossible where the inde- Wisconsin, the two cutters were loaded! pendent grocery was concerned. It is to capacity, carrying 38 survivors.- explained, however, that each of the her of Commerce, will be held in, the The^re were only three passengers on member stores would retain its indi-lclub. rooms on Tuesday evening, Nov. ■ viduality, offering its customers the'12th, beginning at eight o’clock. The benefits of charge accounts and per-j banquet will be served by the mem- SECOND SYNOD INVITED HERE Clinton First, A. W. Brice, Dr. D. J.' conditions . as one Woods, associate. “>6 first measures put into effect by bankers to calm the wave of hys- iteria which has suddenly swept over the holders. The call money renewal M. the boat. They were saved. Facilities at the coast guard station Presbyterian Church and Local Insti- “Udies Wrht,” an annual social i ‘“liT event under the auspices of the Cham-! "."L ■’ , It was stated m-last week s issue of The Chronicle, that it was very!*!- F- Bradley, associate. probable that the South Carolina Warrenton, F. W. Wilson. Old Fields, J. Ben Hunter, Dr G. Woodworth, associate. Todd Memorial, L. H. Taylor. Watts Mill, J. Elbert Templeton. Greenwood, W. T. Watkins, Rev. J. W. Jackson, associate. Ninety-Six, J, C. Weir. Upper Long Cane, J. R. Hill, Rev. Presbyterian synod would be invited Calhoun Falls, John Gilbert, Rev. X ^wi%**v* ^ uaiiqucL wjii ut: SCI vcu uv ine mem- t . . . IT T? .ere taxed as the _survivors .erelsonal store and delivery service forjbirs of the local Eastern Star chap- JllrSl" I"!"?. ! ''Lowndesvihe. Alhlll' brought ashore. They hud'dled about a i which the independent grocer has been ^ ter, headed by Mrs. A. B. Blakely, large stove, calling for cigarettes and noted. j President C. F. Winn of the organi- coffee, as they awaited their turn to | ‘‘The success of the Quality Service . zation, announced yesterday that sessi(^ wklrlhe Georgia body which two weeks ago accepted a similar in vitation. 1 be transported to hospitals or to the Stores is based upon two fundamentals' Lieut. Gov. T. B. Butler of Gaffney, the session of | police station. iof modem merchandising - better has accepted an invitation to deliver r*"® First Presbyterian church has I Soon after putting out from Chi- foods and decidedly better service to the principal address of the evening, ■ y approve e i ea an . - • , l • - ' ® extended an invitation to the synod Lowndesville, Albert Baskin. Mt. Carmel, M. R. White. Willington, Albert Gilbert. Rocky River, E. F. Gettys. rate, ordinairly announced about 10:40 a. m., was fixed at 5 per cent, a drop of 1 per cent below yesterday’s’ fig ure before the market opened. After the mid-day meeting of bank ers, it was announced that leading banking firms of New York had re duced the margin requirements on street demand loans to 25 per cent, thereby releasing a huge volume of credit to facilitate the financial oper ations of stock exchange firms dur- I ing the market crisis. Some of these cago at 7:30 o’clock last night the Wis-Lhe public,” a member of the organi-'and there will be other features of in- v, > t i u + consin was buffeted by the gale and nation said yesterday. “Adding these | terest. This banquet held annually ° * for four hours it seemed, members of two salient points to the fact that the!with the members’ wives and friends . " j accepte i - - [by the synod at its recent meeting in i the crew said, that she would weather i public is getting economic values they as honor guests, is always an enjoy- the gale as she did a week ago tonight ^ have seldom been offered before, one able'event, when the cary ferry Milwaukee was can see why the independent grocer j sunk with its fifty men just a few identified as a Quality Service Store ] K 4- * T’ miles from the scene of today’s disas- jg more than holding his own in the i ^FCSuy iGnSnS AO ters. bitter competition marking today’s! HcHT Df* OrGCft Nearing Kenosha the boat sprang a food distribution field.” leak and the incoming water washed | Member stores of the Clinton group Anderson, and it is stated by those in a | position to know, that the Clinton "bid: jwill in all probability be accepted. Abbeville, Dr. E. L. Power, Rev. g. 1’’^^uirements previously ran as high as 40 per cent. F. B. Keech and com- ' pany, one of the large commission huoses, also announced a reduction in the margin requirements demanded of its cu.stomers to 25 per cent on the theory that current price levels were Sufficiently attractive to warrant such action. Wall Street attributed the dumping of huge blocks of stocks at the open- Donald.s, J. M. Campbell. Bethia, J. L. Pettigrew. Due West, W. S. Jordan. Hopewell, Troy, Lewis Leslie. Lebanon, Abbeville, C, S. Evans. Antreville, James T. Erwin. i The coming of the two synods wilL^; • oxi be of inestimable value to their two ' v/Cl* Olll intstitutions located here. It is expect-i OVCF NlIlC MilHoil forced liquidation by large op ed that the Georgia visitors will be |erators, who were no longer able to Dr. J. B. Green, member of the Co^i entertained on the orphanage campus, rw,.* ox, xx x, x,.. protect their rapidly dwindling ac- Washington, Oct. 26.—Cotton of the counts after having amassed paper the^Uerpu^mps'^whlch w"ete^soon local shoppers will wel-jlumbia seminary faculty of Atlanta,'while the South Carolina delegates 1929 crops ginned prior to Oct 18th * , the bilge pumps wh c we . the opportunity to deal with j will occupy the pulpit of the First will be provided for at the college and i ^as announced tX7 bv th^ VnsuJ ^ ptemen stood in water up to their I Stores. Through an Presbyterian church next Sunday in Presbyterian homes in the city. — Firemen extensive program of cooperative ad-!moming and evening, m the absence ' waists, shovelmg coal into the boiler ^ ^ .res, ey fjrpg member stores will be brought to , Woods. Dr. Green ia one of the promi- posts until water put out t e . attention n't the shonnprs of this Lonf mi'nio+or-B ar,/i^ioo/,k£.» the attention of the shoppers of thislnent ministers and vteachers of ^is de- 'South Carolina organization It is nlanned to hold the business ses I 1 ^ bales, in- regarded as the leaders of the Ins of the GeorgU^ f “bull” market, escaped totally Thornwell Memorial church, and the, running balei.YnduXg 304,743 round 'section. Each of the advertisements j nomination and will be heard here'First Presbyterian church. Both syn-last year. Df. HnyS Hospitfll win be identified through the Q. S. S.'Sunday with a great deal of pleasure, ods will unite in the evenings for in DGiniF EnlHFfifGd announcements are soon|He Is the father of Jimmy Green of ” ® to be made by the grocers comprising j Presbyterian college, outstanding this new organization. 1 Ground has been broken within the past few days for the enlargement of | Dr. Hays’ hospital at the comer of OvstCF SUDOeF Bv Hampton avenue and Woodrow street. ^ ^ J. Gary Martin, well known local con-, tractor, has the work in charge. i , 1 The new section projecting on each On Friday evening, Nov. 1st, the member of the varsity football team. to hold long lines of stocks for invest ment. And the sustained decline of the Ginnings by states were: past week took them completely by .Alabama 954,810; Arizona, 42,330; surprise. Sizeable fortunes have been traders on the Tresbyterian church. Florida, 7,785; Georgia, 843,015; ^ut these are only a drop I Adult Night School Methodist Ladies Begins New Session Louisiana, 685,687; Mississippi, 1,352,- jn the bucket compared to the losses D a T> XT II Missouri, 71,279; New Mexico, Asustained by stock market ‘'bulls.” • A. At. INOW Alas 25,680; North Carolina, 227,471; Okla- Directors of the United States Steel 171,840 MembeFs homa, 511,873; South Carolina, 371,- corporation, and the American Can ’ 420; Tennessee, 212,317; Texas, 2,818,- . • .. x-/- . i cac. i! ro-7. ..n .-.fV...'.. c I Washington, Oct. 28.—The Daugh- 420; Tennessee, 212,317; Te.xas, supplementing the efforts of The night school for adults began | Washington, Oct. 28.—The Daugh- ^^ s.a.tx, ^o restore confidence which side of the present building, will be of junior department of Broad Street its second session at Academy Street ters of the American Revolution re-^ ’ ‘‘ has been badly shaken by the recent brick veneer design and will relieve Methodist church will give an oyster school with an enrollment of thij ty ported today it now has a living mem-j *~ ' jtrash in prices today declared extra the present crowded conditions by the supper in the Masonic temple buiHing. pupils. Muoh interest is being shown bership of 171,840 women who are TO SI’E.AK AT COLLEGE jdividends of $1 each on their common addition 6f ten new wards. The bps- The proceeds from the undertaking in the work and a very successful ses-, lineal descendants of soldiers of the pital is now well furnished, modernly will go to the piano fund of this de-,sion is expected. Last year the wPrk Revolutionary war. Since its creation • m ^ n Ci AO A t M Aar‘A%*«V WTO XT \ . T n A A1*/V