The sentinel-journal. (Pickens, S.C.) 1906-1909, January 07, 1909, Image 3
ickens -sentine %-jourilal
UBT8d1ED EVERY TJHU1tDAj ('OXRNLO.
-BY
The Sentinel-Journal Company.
TvOMPSON & RICHEr. PRops.
J. L. 0. THOMPSON. EDITOR.
Subscription $1.00 Per Auuum.
Advertisiug Xtutes Reasonable.
Entered at Pickens F%stofllce as Becond Class
Mail Matter
PICKENS, S. C.:
TIRSDAY, JANUARY 7, 1908.
SOME CHANGES.
For twelve years, through evil
as well as good report, THE SEN
TINEL has been under the pres
ent management, and in that
time many changes have taken
place in the county, nearly, or
quite all of which, have been
for the betternwit. iipbuilding,
:ement of
weeks this
ir home, as
hope, and
has rejoiced with you in your
joys aild ,JsIc(rely consoled with
yol ill sro.(rws. It lias al
w .1ays1- chrle(d the h11)pelling"s
pf th coilnty a-! it coulid vatch
tihe.m -h I isrth, deaths,
and( (n)ong f it-, iwoplc. It
has noted I Ihw moral and relig
iols 11lifhtl1n of its citizens, it
has watcled -with pleasure and
pride the fin.acial and lidustri
al developmlent of the county
aid rejoiced exceedingly at the
material advancement of the
conmonwealth which it served,
and it sincerely hopes the mate
rial prosperity of the next 37
years may be at least four-fold
greater than that of the 37 years
It has witnessed, and, in Its fee
ble way, helped to bring to a
successful fruition.
The paper has always stood
for what it conceived to be the
right and for the best interests
of the county at large,eschewing
the needs or desires of the indi
vidual wherever it conflicted
with the best interests of the
commonwealth. It has made
s,ne elenlies ;vd many staunch
.A ends, for.. ~ich it is glad--a
man'tt doe ot have someit
enemies is not m.uich of a man,
neither is he any good without
friends-so we averake up wvith
the miost of men.
We have maude mistakes; t
who hasn't, for which we are
sorry and( we hope our friends
will ascribe it to the head rather
than thle heart, andl help us to
build oni those errors, to the
good of thet miuiltitude, rather
than to the detriment of the in
dividuial.
The work has becoime too
heavy for' 0no 1person to suec
cessf'ully iumnage and we have
perfected a partn ersh ip with Mr
W. L. Mathenyv, who served
conscienltionlsly and faithfully
w ith t his pa per1 several years
ago,- an lhe will have charge
of the biesst ando look care
fully to t he dlesires and wants
of our loyal friends ando patrons.
He is no stranger to'the majori
ty of our1 readers ando needs no0
inltrodiuction at our handls.
For the miost jpart our time
will be taken up wvith visiting
our subscribers and getting bet
ter acquainted with them and
collectiong what we have on our
books, trying to collect the odds
and ends of what we have made
in the past 12 yeairs, which, in
round numbers amounts to
about $6,000. We ask you all
to be prepared to settle up when
,-we call Qfn you.
New machinery will be put in
and Mr. Matheny will fit up one
of the best jobplants to be found
anywhere an'd if you cannot get
suited at THE SENTINEL-JOURNAL
office you need not try any
wj' else.
TN slogan of the new man
agement will be "Pickens coun
ty in the front row of the pic
ture," and everything that can
be said or done for every inter
est that will push her forward
will be done with a vim, ever
bearing in mind the farming in
terests first, last and all the time
for
"The farmer feeds us all.
Thanking our readers and
patrons for their support and
patience in our shortcomings we
wish for them a better, more
prosperous and happier year In
1909 than ever before.
J. L. 0. T.
A Common Economic Error.
For many years it has been
the -custom of Southern farners
to make their crop upon the
"advance system" and while
this has b(eeii regarded as an
ec(omic eror on the side of the
faner, by muany merchants it
has been thought that it was a
very profitable way of buivilgp
cotton.
The farme': renulized that as p
111er o(f safety it ws better to
1make the food cognsu1med by his
fainily and his stock upon the
farm rather than to purchase it
and especially when he had to
promise payment out of a crop
which had not as yet been
made. I have been watchingi
this phase of country life in the
South for many years and have
come to the conclusion that the
"advanced system" is just as
great a mistake on the part of
the merchant as it is on the part
of the farmer, for the following
reasons:
First, the merchant takes
great risks, which, of course, he
tries to cover by increased char
ges. But even thouht these
charges are increased, the stap
les of life are not such articles
as a high percentage of profit
will adhere to, and the merchant
is practically trading gold for a
promise to pay. If the crop
fails, he is obliged to carry and
carry a.nd carry and possib)ly
may ultimately, as in thousands
of cases, be obliged to take the
farml, for which he has no use,
and1 under boll weevil condlitions
is d1imhCult t.o handle profitab)ly
upon a tenant systenm.
Under a cash sy~stem there
Iwill he a great retduictioni iln the
sales of sm tpefossc
as(hacon, ptaos beant( ds lrd
vegetables, canneii&d good1s, hay,
corn. etc., all articles that carry
low pirofits. T1he farmer is rar.e
y a hoardler of money and' if he
saves two hundred dollars 01r
moreW by produicin;; all his food1
sup)plih s at homie he has that
much miore to spend whien his
(1rop was m'uade, and it is cash.
Under a cash system the
farmier will buy with-his surplus
more dry goods, clothing, shoes,
furniiture, etc. for his family,
hetter teams, farm implem)ents,
wagons, buggies, etc., on which
there is a much greater profit
for the merchant than on staple
articles of food. The merchant
can turn his money in thirty
days, instead of a year. Ten
per cent clear profit turned
m'nthly is better than 120 per.
cent gain annually. Some of
tl~ e farmers Increased income
g es into permanent improve
nnt to enable the farmer to
pijduce more and spend more
I'Again, there ,is something
about raising cnttn, ac
co, etg. to piy a debt, that
saps the vitality of the farmer
affects the q nality of his tillage.
It really lowers the grade of
farming. If upon the other
hand the merchants will join
with us in urging farmers. to
raise all their food supplies and
try to produce by better tillage
double the crop per acre they
now produce, the result as it af
fects the merchant will be this ;
All busiqess will soon be on a
cash b)asis and the volumn will
be three or four times as large
from the farmers alone. The
advent of more money will bring
diversified industries among the
farmers and eventually will at
tract manufactures to the mar
ket towns.
If there are idle farn)s in the
county, instead of calling meet
ings for the purpose of raising
funds to secure immigration,
call meetings to encurage the
farmers who know the country
and are loyal to it, to unfiversally
adopt the following plan. First,
provide their ow"N11 food supplies
from the farm. Second. double
the average product on every
acre under cultivation and let
each worker on the farm b V the
use of better teams and tools,
till three times as many acres
-i alt present. not. iin the one crop
but in a variety of diversifled
and prfitable crops. This would
caiise an imnediate demiantd for
more land and would provide
the money to.pay for it. This
makes every man on the farm
more than six times the indus
trial power he now is and gives
him a love of the farm. This
is better than to leave him in
discouragement. and secure im
migrants to come and buy him
out.
I should not speak so positive
ly, only I have observed for a
quarter of a century that where
the Southern merchants have
changed from an "advance sys
tem" to a cash system, they
have prospered very much more
than in former years and the
number of failures is immensely
less. Of course, it. is not ment
that there should be no credits,
but practically there should be
little necessity for them until
the crop,'s actually ready for the
harvest, 'then trade becomes a
cash transaction. Or better still,
the farmer can get his money
from the bank and pay cash in
all cages, if there is a lack of
r'eadyv mioney.
The advance system bears
dlown up)on the cotton farmer
with special hardship. His crop
is either sold1 at oncn or is forced
to the gin and the warehouse so
as to secure loan. If the cotton
farmer is not forced to sell to
raise money or pay debts he will
store his crop on his farm and
market at his loisure, which is
in the interest of all parties.
it appears to m11e, therefore,
that the farmer will imimea
su rably gain when he produces
what he has hitherto baught in
the way of living. He is not
compelled to sell his crop im
mediately upon the harvest.
When he does sell he trades for
cash. The greater amount of
money lie has is very helpful to
the family b)ut the stimulus to
his self respect is perhaps the
most important item to be con
sidered. The merchants pros
pers by the greater volume of
business and by thequick re
turn of his money. It seems t6'
me that these points should be
urged upon all the people.
'S. A. KNAPP,
Spec. Agt. in 'Charge Farmers'
Cooperaive Demonstration
Work.
Thank You
We desire to thank our many customers
kor their liberal patronage during thp year 1908.
\Ye start the new year by hoping to merit a con
tiquance of your patronage.
We always try to cater to your wants,
and it is a pleasure to us to serve you.2
Thanking you again for what you have
done to make our business a success, and hoping
-to see yqu, as well as many new patrons during
1909, we are yours to serve,
PICKENS DRUG CO,
M eBar.gains
Don't Fail to get some of
.Scrap Bundles at
89c.D each.
before they are gone. We have some very
good bargains in differe
Goods
Ask to See the,Ba%
CRAIG
One-Price Cash Store
WE 1-AVE 1,00
Wine of rdui
Calendars or 1909 for
free distri1 tion
Conme in and get one
BOLT & CO.,
UP-TO-D)ATE DRUGGISTS,
Pickens, S. C.
STATEMENT OF THE CONDITION OF
THE LIBERTY BANK,
Located at J~Lberty, S. C., at the Close of business Nov. 27th, 190*
RESOURCES. L .I \IITI ES
Loans11 and4 Discouts..... ...... .....59,8ic 8!4 Cap4ital Stock P'aid in............. .~K'
Demianid L,oans .............. ......5,137 50 jSurplus Fuind -none.. ......
Overdrafts ............ .............699 75 nide lrot,lssCretEji.
1104nds and Stoeksowned by Hiank---none.ssan Txel'(.........,94
HlankIng House................. .....1,513 83 )et lik,~TutC malsioe
Furuture and F'ixtures..............,666 -10 liidld 'padioo......
Other Real Estate--none ...vd l...ostsSujctt....k...,~2I
Duie from Hlanks and Trust Comnpanies 16,994 35 SvnsIeoisnn......
C'urrenicy......... .... .... ... ....... 1,50 00 lO adCriiac ipet-oe
Gold.......... ....................... 20 00 ie(otiaeso Dpoi. ....,' lo:
Silver and other Colin. ...... ... .......4423 36 CrildCek-oe......
Checs ad Csh tem.............IS 0 Cses CheTaeks.Pa.... ................5,950 m.
DNvte ndls npa is te.one.. .....
DilPbe,mandn Certificates f ors--oe
C e or rowed.k nn.................00((
T1otal--.-,-....................$87,840 06 Total ..... ....,.........,..... ...$8781 6'.
STATI' OF SOUTH CAROLINA,
COU'NTY OF PICKENS.
Before mae camne H. C. SntLKY, Cashier of the abovebamed ilank, who beIng duy swor
says the above and foregoing statement is a tt-ne condition of said Bank, as shown byte boo
of sid Bank. H. C. 8 IlRLEY.
Sworn'to and subscribed before me thIs 5th day of Dec., 1906.
Ccrret-Attst: . L. CLAYTON, Notary Publie
Jt N. ~ Ar n . Diretr