The Abbeville press and banner. (Abbeville, S.C.) 1869-1924, January 09, 1922, Page PAGE TWO, Image 2

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PAGE TWO Established 1844. THE PRESS AND BANNER ABBEVILLE, S. C. The Press and Banner Company Published Tri-Weekly Monday, Wednesday and Friday. Entered as second-class matter at post office in Abbeville, S. C. Terms of Subscription: One Year $2.00 Six Months $1.00 Three Months .50 Foreign Advertising Representative AMERICAN PRESS ASSOCIATION MONDAY, JANUARY 9, 1922 k NOT MERELY A SHIFTING "It will do no good or very little good to reduce the property tax four or five-mills if tfie burden is merely to be{r transferred. to the other shoulder and if the people are still c&lled on to carry as big a load as ever." In which the Abbeville Press and th vi b< v? a ei ei P< ol is w P< Banner speaks wisely. Little or no money for public purposes is now Bpent unwisely by the General As sembly of South Carolina?scarcely is the government of another state of the 48 of this republic so eco nomically operated but there are classes of .people who pay nominal taxes. Here in Columbia are men drawing salaries of $5,000 or more who own no property, except per_ haps a.few hundred dollars worth of furniture and a motor car, that can 'be reached by the tax assessor. Is it not possible that in Aibbe. ville a lawyer, commercial trav elesr or insurance solicitor may earn $5,000 a year, live in a rented house and invest all his savings in mort gage or other bonds? Whether there be each cases in Ablbeville or not, they are to be found in Charleston Columbia and other cities?numbers of them, v ffldeed, it- is possible for a man ir w a tl P Ci tl w J e u s< b * c e ti to havev $100,000 and pay no taxes. If he invest it in (bonds of Abbe ville county o* Abbeville town bearing 6 per cent, interest, he will have an income of $6,0*00 and nei. their the federal nor the state gov eminent can collect more than a poll tax from him. But if he has a motor car and a tax were placed on gasoline, at least he would con. tribute a little to the state.?The State. WILD WASTE OF MONEY Thift is the accusation made by Senator Overman against the Fed_ ?mi Reserve Board, and facts he cites Beem strongly to support the ti E fi li c* w jri ha: tl ti tc C( D 41 si la L charge. As the Senator remarked, the boad is "making so much money that it does not know what to do . with it," Here are a few of the more strik_ ing items: a new bank building in New York on which $25,000,000 has bean expended, $17,000,000 for the Jxulidmg and $8,000,000 for furniture, or more than the cost of the National -Capitol at Washington, the archttett^&lone getting $1,000,_ 000. In all, jthe board has spent more than $36,000,000 on build_ Ings in *t$e^ %nited States. Since the Federal Reserve system - fca* Increased salaries by $7,733, 000. And so It goes. Perhaps tl;ese facts indicate what has become >f U?e eight billion Jol_ lar of capital accumulated during the present year, accorJin^ to Pro feesoj1 David Friday's figures. The PI be ou re ui er IS $E farmers and other producers, of the country seem to have acquired a very small share of this excess of wealth produced over the amount consumed. Probably a large part of it has gone into tax exempt bonds ?or'to pile up a record "gold re_ serve" or use in clubbing the small banks into, subjection.?Dearborn Independent. WOULD BREAK UP SENATE PAIRING Washington, Jan. 7.?A resolu tion designed to bi-eak up the long established custom af Senate pairs was introduced today by Senator Borah, Republican, Idaho. Proposed as an amendment to the Senate rules, it specifically provided that hereafter pairs should not be re cognized unless a Senator was de tained at home by illness or is ab sent on official business. jfic HE BOLL WEEVIL MONUMENT. S It is a fact that a monument to e boll weevil has been erected in labama. / This memorial to the deadliest lemy of cotton is in the town of nterprise. It is the form of a bronze iuntain. It is situated in the heart ! the business district. The inscription on it is: "In profound appreciation of the boll weevil and what it has done as the herald of prosper- " ty this monument is erected by the citizens of Enterprise, Coffee county, Alabama." The cotton growers who put up ie monument say that the boll wee 1 has been a blessing in disguise, ;cause it has brought about the di irsification of crops and established new era of independence for farm 's and merchants. Crop diversification 13 tne iann- - 's insurance against failure and * >verty. c As a result of the terrible ravages * : the boll weevil, the one-crop South 1 becoming an agriculture region hich in the future will be self-sup- S jrting.?Greenville Piedmont. S f EXAS FEARS ANOTHER , WEEVIL VISIT IN SPRING j 1 Washington, Jan. 7.?Fear that lany weevils will hibernate in the4Ij eevil infested territory in Texas j nd re.appear in large numbers in ^ 1? spring has been expressed in re. j orts to the Department of Agri. alture and it was said today that le National Agricubtinil conference] rhich is to meet in Washington 11 anuary 23 will give serious consid. 1 ration to this subject. Reports of j reevil activity during the past sea_ i>n throughout the cotton belt will j e available for the conference. 'hch, it is expected, will name a ommittee of cotton growers and xpertg to go over the whole situa- 1 ion and consider a new lui'3 of ^ ampaign. Cotton men said today they were ^ ratching ^ efforts of producers in ections infested by the boll weevil, 1 a substitute grain and other crops. 3 Reports of the success which some i irmers have met with in substitute '* vestock are also said to have en_ auraged planters throughout the eevil infested areas and some ag_ icultural department authorities re looking to a rapid expansion of le livestock industry throughout le south. The Department of ' Agriculture >day made puiblic reports of crop jnditions during the latter part of ecember showing ^n increase of ) per cent in the area of certified lipm^nts lees than a year ago. A rge supply f was reported in ouisville storage houses. Due to the dry summer and au_ mn of last year, a shortage of hay id forage was jttpfted in Virginia id North Cafofla. ? , " . *?? EOPLE IN NO-HURRY TO PAY THEIR TAXES Columbia Jan. 7?State taxes are sing-paid extremely slowly through it South Carolina, according to cords of Sam T. Uarter, state treas er. Up until yesterday the treasur had received only $945,888.39 of i21 taxes on a total assessment of ',429,887.20. . This amount is a decrease over the m received last year up to the cor sponding date, January 5. Through e close of 1920 December 31, a tal of $728,914.63 had been re ived and for the first five days of '21 a total of $595,841.89 was re ived on *1920 taxes. Last year the time for paying tax was extended by the. legislature id it is understood that a lot of :ople thinly an extension will be anted this year. A good deal of nfusion and inconvenience was 1 T% UocU ittaw )cai vy tiic cAutiioiwuj cording to state officials. Crime Blamed On People. Columbia, Jan. 5.?Blame for the ime situation was laid on the peo et who will not co-operate with of :ers in apprehending violators of w and who refuse to testify in osecutions, by Judge Peurifoy in s charge to the grand jury of ichland county, ?at the opening of e first court of the year here yes rday. The judge remarked on the eat amount of crime in the state td said that the public was as much blame as the law-enforcement of :ers and the courts. TATE SANATORIUM jSI DOING GOOD WORK . t 01 offers Many Advantages in Treat ment of Tubercular Patients. Located at State Park Columbia, Jan. 5.?Situated in the oiling sandhills of Richland county, even miles north of Columbia, over ooking undulating . valleys and a panoramic spread of pine-crested idges, the South Carolina Sanatori im has been giving healmg to many wrecked human beings who were ;azing with widened eyes upon the unset. It is the materialized vision of nany broad-guaged men and women vho wished for their fellow. South Jarol'nians menaced by that creeping hing, tuberculosis; a succor, and it ias proved more than a governmental tgency in rehabilitation. It hasre itored hundreds of South Carolinian* o gainful social pursuits. Since its it - opening tuc oonawviivuu 1UHI uw? u? ler the care of Ernest Cooper, M. D., ts superintendent. The Sanatorium is located at Jtate Park on the main line of tho Southern Railwayj between Columbia ind Charlotte and is within hailing iistance of the Seaboard Air Line Railway's main line between Colum )ia and Hamlet, N. C. It is near the lard surfaced roads being construct >d by Richland County between Cq umbia and the Kfrshaw and the Fairfield county lines^ The 'Sana torium is easily acc?ssilble by rail or righway with all parts of th? State md the nation. It is builded on land that has an altitude of 400 feet above sea level ind is in one of the healthiest parts )f the State. It is surrounded by pine forests for miles. Its climate is iuperb; it is an ideal spot for the :reatment of tuberculous persons, >ay authorities. The United States Weather Bureau jives the mean temperature of Co lumbia at an average of 63 dgrees, while that at State Park da slightly lower, particularly at night. The rweep of the air over the ridges is unimpeded and, during many sum mer nights, a blanket is comfort able. The winters are .mild and there, ire few days in which the patients :annot enjoy the medicinal effects of Uie sun. The average monthly rain fall is 4.93 inches at Columbia and it is slightly less at State Park- The aorous character of the soil and the superior drainage cause the rain to je absorbed and slushed off quickly, wen after a heavy downpour. These ilimatic and topographical details vere carefully studied out before State Park was selected as the site 'or the Sanatorium. IND OIL BUT NOT IN PAYING QUANTITIES Di Augusta, Ga., Jan. 5.?After drill- jn ig for oil at the site of excavation "Q or a new Y. M. C. A. building here or the past ten days, work stopped 0 t noon today after what appeared to e a solid rock base was encounter d. What is said to have been genu- gj le crude oil was found, but not in aying quantities. R< ISTERS BURNED WHEN HOME STILL EXPLODES Cairo, Ills., Jan. 5.?Marie Hogan, 2 years old and Gladys Hogan, 9, gt sters, were burned to death today i a fire which police attributed to le explosion of a still. The home ^ i Dennis E. Hogan, father of the wj iris, a grocer, was destroyed, a :ill and several jugs of moonshine j.r, ere found in the ruins. Hogan and ^ is wife and three small children es aped. IFTY BODIES RECOVERED FROM TORPEDO EXPLOSION .thens, Jan. 5.?Fifty bodies have een reiovered from the Greek tor edo boat destroyer Leon, anchored i the harbor of Piraeus, which was wrecked yesterday by an explosion f a torpedo. The explosion damaged earby warships and caused houses shore to collapse, killing a number f the inhabitants. I W. A. HARRIS FUNERAL SUPPLIES EMBALMING and Auto Hearse 8ervlce PHONES Day 395 - Niffet 134 :atement op the condition ; .?OP the? peratives trust COMPANY iated at Abbeville, C.t at the ?se of business December 31, 1921. resources >ans and Discounts $32,056.72 rerdrafts 510.00 )nds and Stocks Owned by the Bank 10,125.00 ne from Banks and Bank ers 21,123.70 irrency 400.00 Iver and Other 'Minor )in ...... 10.27 total $64,225.69 liabilities ipital Stock Paid in __ $ 6,360.00 lrplu.s Fund 852.80 ndivided Profits, less Cur rent Expenses and Tax es Paid 1,057.03 idividual Deposits ibject to check $52,049.86 ime certificates deposit 3,906.00 , 55,955.86 TOTAL $64,225.65 tate of South Carolina County of Abbeville. Before me came J. F. Barnwell ashier of the above named bank ho, being duly sworn, says that the Dove and foregoing statement is c ue condition of said bank, as showi j the books of said bank. J. F. BARNWELL. Sworti to and subscribed before e this 9th day of January 1922. J. J, ROCHE, Notary Fublic. orrect Attest: W. M. LANGLEY G. B. HAMBY, Directors. J. L. BURRELL TATEMENT OF THE CONDITIO! OF THE BANK OF DONALP8 >cated at Donalds, S. C.t at the clos< I business, December 31, 1921. RESOURCES oans and Discounts $176,251.61 verdrafts 2,668.0! urniture and Fixtures __ 2,000.01 anking House 1,081.6! ther real estate owned 818.3' urrency 1,568.01 old.? 45.0l ilver and Other Minor Coin 440.01 hecks and cashitems ,974.6! ther resourves, viz: Col lections " 90.01 TOTAL $186,037.3' LIABILITIES apital Stock Paid in __ $25,000.0( urplus Fund 10,000.Of ndivided Profits, less Cur rent Expenses and Taxes Paid 3.100.8S Lie to Banks and Bank ers 2,942.47 ividends Unpaid 1,030.00 dividual Deposits ubject to check $49,010.40 me Certificates f Deposit 71,564.51 tshier's Checks 731.22 121,306.13 lis Payable, including certificates* for Money Borrowed 22,500.00 ;serve fund carried on general individual or sav- j intra T.aHiror 1 R7.88 TOTAL $186,037.37 ate of South Carolina, County of Abbeville. Before me came B. H. Smith, i3hier of the above namejl bank, 10 being duly sworn, says that the ove and foregoing statements a ie condition of said bank, as shown ' the books of said bank. B. H. SMITH. Sworn to and subscribed before ? this 7th day of January 1922. L. J. DAVIS, Notary Public. >rrect Attest: B. H. CARLTON J. J. DUNN W. R. DUNN, Directors. LOST SON DISCOVERED Asheville, N. C.r Jan. 5?Fred ard, 28 year old deaf and dumb ung man, who left his home near " ^ * ? ?J / ? inevilie m ucwoer ana lor wnum arch, has.been carried on by his fa er since, has been, located in an ;lanta hospital. The mute wandered rough several states* landed in jail a Georgia village and was taken [>m there to the Atlanta hospital by e Red Cross.-Meanwhile his father d solicited the aid of newspapers North, and South' Carolina and K>rgia, which aided in the finding his son. % - -r -T. ' ' {- re . 1 STATEMENT OF JTHE CONDITION 1 OP THE * * N PEOPLES 8AVINQ8 BANK located at Abbeville, S. C., at the close of business December 31, 1021. RESOURCES. ' Loans and Discounts __ $358,$22.61 Overdrafts 1 3,445.40 Bonds and Stocks ' Owned by the Bank 12,048.00 ! Furniture and Fixtures 1,200.00 ' Banking House 3,000.00 Due from Banks and Bank ers . 19,812.96 Currency ~U,870.00 Silver and Other Minor I 1 Coin 1,632.20 | Checks and cash items 9,238.66 1 TOTAL ! $417,869.83 LIABILITIES. 1 Capital Stock Paid In $21,800.00 Surplus Fund 21,800.00 Undivided Profits, less Cur rent Expenses and Tax Paid S 3,275.76 > Dividends UnpaidT 20.00 ' Individual Deposits 1 subject to check $132,540.00 Savings deposits '*'120,000.00 Time certificates^ of deposit i 34,928.00 i Cashier's Checks'1 849.72 > . * 288,317.72 1 Notes and Bills Rediscount ? ed 25/56.36 Bills Payable, including Certificates fot< Money 5 Borrowed 57,000.00 TOTAL r $417,869.83! State of South Carolina, County or Abbeville. - Before fae ca&e W. F. Nickles, jf Cashier of the |bove named bank, who, being duly iworn, says thlt the " above and foreg&ing statement is a j true condition ofjjsaid bank, as shown by the books of said bank. W. F. NICKLES. 9 Sworn to and subscribed before me; this 9th day of January 1922. OTTO BRISTOW, } * N. P. S. C. v\ j Correct Attest: G. A. NEUFFER, n mTT/M*n/\\r T%! , S. U inumoi/ii, j.urecvor? j 7 W. E. OWEN 1 ) " * j AGED BLACKSMITH " ^ i IS FOUND DEAD 3 ' 2 Georgetown, Ga., Jan. 7.?T. P. Graddy, sixty jjjesrs old, a black. ) smith of this toym, was found dead . in a bateau in the ChattaHoochee j river, opposite Jher? today with a wound, evidently caused by a shot. ) gun, in his abdomen. i It is believed he was fired on from the shore while he ,was fishing and he returned the fire with his I own pistol, which was found in the boat beside hifc, with two cartfi* rdges empty. Thj& coroner will hold an inquest later; in the day. - - ft , Watch the labial on your paper. PLANTERS I DOUBLES Y< '&>?~ f Why waste a sej in plant food wl in PLANTER'] sure you a profit; Progressive farrr necessity of supj Phosphoric Acic good crops were PLANTER'S J these essential ir MtKY CANDY COMPANY '' DESTROYED BY FLAMES Atlanta, Ga., Jan. 5.?Fire of un ietermined origin practically destroy ed the three story brick candy fac tory of the Wiley Company here ear-x ly today. Lobs to the stock of the candy concern was placed at $60,000 irrespective of damage to the bnfld Ing, And was partially covered by in surance. Giviny -Upi v; ^ ,Sh^: A woman has to give up a great deal after she gets marriedi He: A man does' nothing else but give, up after he gets married.?-Bos ton Transcript. . s Many grown people have: defective sight because their eyes were neglected in childhood. We advise all parentis to give serious thought to the condition of their children's eyes. Are you a parent? If so, act quickly! DR. L. V. LICENSEE OPTOMETRIST / TELEPHONES: IffiM 278 Rm. 9M 3 1-2 Wukhiftoa St. . / i Orer MeMamj Drmg Co. v;. ABBEVILLE, S. C (Becoming Glasea Cod No Hon) PLUMBING TINWORK HEATING... Pemoline Super trie I and porcelain clean ser, guaranteed to wnm A-tTO Ml erf fif QflV ,',l V V JL UUV VI M<?J g l-kind of stains from ? enamelware. Reasonable Prices, b / 'M RALPH TURNER Phone 6 v&fly OUR YIELD ison's toil on a soil deficient len a little money invested 5 FERTILIZER will in ible yield. lers long ago realized the >lying exhaused soils with I, Ammonia and Potash if to be had. FERTILIZER contains in incf rh/? ricrhf o" ERTILIZER will pay for ig your crop yield. . your town for information, ices, or write us direct. ilizer & Phosphate Co. NUFACTURERS m, South Carolina I r ent in rn