Historical Newspapers of South Carolina

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State Will Get Farm Loan Money. Washington, June 26.-Beginning August 1, South Carolina will get its proportionate share of about $15, 000,000 per month of federal farm loan money, according to A. F. Lev er, member of the farm loan board, in a letter to Representative J. F. Byrnes of South Carolina today. Mr. Levers' optimistic letter fol lows: "This letter is in response to your personal call of this morning, at which time you left with me a letter addressed to you by the Honorable F. B. Grier of Greenwood, S. C., in which he discusses the financial sit uation of the farmers in South Caro lina and the relationship of the farm loan system thereto. "You will recognize of course, that the farm loan system was intended and its machinery has been organized for that purpose, to meet the normal long-time credit needs of agriculture. It was not intended in any sense to become an organization to meet emergencies in farm credit such as we have upon us at this time. But the farm loan board? is so fully cog nizant of the agricultural situation thoughout the entire country, and this is. likewise true of the federal land bank officials, that we have all .exerted ourselves to speed up the ma chinery in the hope of furnishing at least a measure of relief. "As you will recall th^e loaning op erations of the system until very re cently have been in suspension due to the pendency of a suit in the su preme court testing the constitution ality of the law under which we op erate, and thus making it impossible to sell farm loan bonds. The favor able decision of the court in this case on February 28 was followed imme diately by a renewed activity upon the part of the system, and on April 18 an offering of $40,000,000 of farm loan bonds was made and this offering during this week has finally been ab sorbed, making available this amount in money to be divided among the 12 federal land banks of the country. "It must be borne in mind at all : times that the farm loan system has no available source of funds for : loaning purposes except as farm loan bonds, based on farm mortgages - which may be sold to the investing ', public. There is always therefore, a i limitation upon the amount of funds : available for the system, this limita- : tion being the amount of farm loan bonds which the public will buy in a ] given market. It is estimated that ; the investing public will absorb of j of farm loan bonds an amount from year to year not in excess of $200,- . 000,000. The machinery of the sys- , tem is organized, in consequence, to ( loan from $12,000,000 to $15,000, 000 per month for the entire country. ^ "The entire $40,000,000 made , available by the recent bond sale will , be in the hands of the farmer by Au- t gust 1. The action of the house on : yesterday, and it was practically unan ; imous, in amending the farm loan act, , makes certain the continued and un- , interrupted loaning operations of the , system so that South Carolina may , liope to receive her proportionate shore of the $12,000,000 to $15, 000,000 per month from now on. This we realize will not entirely meet the .situation, but when consideration is given to the fact that $1 of money will liquidate from $5 to $7 of debts it will be seen that by the constant .relief thus given a very general re lief will be afforded. " Let me emphasize that there is only one source of loanable money for the farm loan system as it is now organized ,and that comes through the sale of farm bonds, but at the same time let me reiterate that the system is now in position, in my. judgment, to operate without ' cessa tion and it is my belief that a tre .mendous relief, though not an en tire relief, will be furnished through the system to the agricultural sit uation throughout the country." Wallows for Hogs. Hogs in pasture where there is no water are likely to suffer, not only for drinking water, but for water in which to coll their bodies. Slops are not sufficient. The hogs should have water in their troughs and in the wal low to cool themselves when the burn ing rays of the sun make their lives a torture. Hogs have a way of ridding them selves of troublesome parantes when they have a muddy wallow. Nature, it seems, helps them to survive as the fittest when there is a struggle for ex istence with parasites. Hogs that must be penned should have shade and plenty of water. It is bad enough to be kept in pens with out a struggle with heat and thirst. Give them shade and water to cool their bodies.-Farm & Ranch. Only One "BROMO QUININE" To get the genuine, call for full name, LAXA TTVB BROMO QUININE. Look for signa,-.ure ot B. W. GROVE. Corea a Cold in One Day. Stopo "?uah and headache, and works on* cold. Unharnessed Power. In the current issue of Commoner, I Mr. Bryan's magazine, he has the (following to say: "In a fight to the death the farmer will die last. If bigbusiness thinks it can bleed him without limit it had better consider his resources. When it comes to the pinch he can stand squeezing longer than any other class. Food is the first necessity, and he can feed himself. He can raise all that he and his family need, but if he raises no more than he needs the rest of the people will starve.- The farmer's surplus supplies the world suppose the surplus fails? "The farmer can raise the material necessary to clothe himself and fam ily-wool, cotton' and silk, but if he raises no more the rest of the people will go naked. It is the farmer's sur plus material that clothes the world -suppose the surplus fails? "The farmer can, if necessary, pro duce his own fuel. He can raise his own wood; he can burn con cobs and even corn if he must, but what will become of the railroads when the farmer neither buys nor sells? "What will become of the packers when they have no meat to pack? And what will become of the grain gamblers when there is no market grain to gamble on? What will be come of the little stores when the farmers cease to trade? And what will the wholesalers do when the lit tle stores close? And what will the manufacturers do when the whole salers, go out of business? And what) will the clerks in the stores, the workers in the mills and the. railroad employees do when business stops? And what will the banks do when they can not grow rich loaning the people's money? What will all the people do when nobody needs" them? What? Go to work WITH THEIR HANDS and wring a living from Mother Earth J -that is the last resort as it was the first. "Will the middlemen continue to lord it over the producers of wealth, or will they learn that they must SERVE if they would live, and serve for a reasonable toll? The flower that blooms in beauty on the stem should not despise the roots that do their work in the dirt. The roots will live when he flower fades-not only live but furnish sustenance for new flow ers, season after season. So with the farmer, he lives near to Nature's heart, he draws the milk from Na ture's breast and Nature will protect i him as a mother protects her child. Be will be last to die in the struggle i for existence." 1 It is undoubtedly true that the ^ farmers are in better position natur ally to take care of themselves than? - other men, but they do not do so. And there is a reason why this is '1 true. The merchant and the manufac turer, if either succeeds, must have surplus capital. Anybody, of course can do business profitably in good times, without surplus capital, but| in times like these through which we are now passing, it is the surplus capital which carries business men over. The men who are failing and going into bankruptcy are mostly those who have not the additional capital necessary to bridge the difficul ties brought about by depression, or deflation or just plain hard times. And this is the farmer's trouble we think. Few of them have extra capital. In fact most of them, even the property owning farmers, are debtors to other people. They man age to get along and have a good time just so long as everything looks upward. ? When they make a little money they are tempted to buy more property or or buy things which are not necessary and still do business on a credit. We do not say that they should not do this in any case, nor do we say that no farmer should go into debt in the first instance to se suce a homestead, or a home. But once he has it, we say that the next thing he should do is to establish a surplus fund for hard times. He should have money in the bank. The banks will pay reasonable interest on money'at all times, and it may be withdrawn from most savings banks on thirty days' notice. The farmer who has enough surplus of this kind may finance a crop of cotton for twelve months or longer rithout bor rowing money. If every farmer in the country, or even half of them were in this condition, the farmers would be able now to wield a power which would tell in the prices of the com modities which they produce. Nobody could "lord" it over them. But until they do this the power of which Mr. Bryan so eloquently speaks will go unharnessed.- Press and Banner. J. S. BYRD Dental Surgeon Office Over Store of Quarles Sc. Timmerman Office Phone No. 3 Residence Phone 87 What Cotton Has Done for America's Balance of Trade. While the administration hirelings in the treasury department and on the Federal Reserve Board during the last nine months of the Wilson ad ministration were trying to wreck the South, it probably did not occur to them (and if it had, it wouldn't have mattered' that the cotton ex ports since 1880 have been twice as great as wheat and corn and were it not for cotton the balance of trade during these years would , have been aganist the United States and in fa vor of Europe. In a recent discussion in the sen ate of the United States, Senator Harris, of Georgia called attention to these facts and said that the gov ernment owes a debt of gratitude to the cotton producers of he South. Senator Harris pointed out that the enormous gold reserve which Ameri ca had been able to accumulate was on account of the cotton that we sold to Europe, money for which is al: ways flowing back to the United States. However, cotton and the cotton producers have no friends. They are at the mercy of Wall Street gam blers on the one hand and the Fed eral Reserve Board on the other: But there is a time coming when they will be able to talk and act with in-' dependence, and that time is when they will refuse to make cotton in such quantities that they cannot make a living, even though the whole world might be naked. Every time one thinks of the government ad monition we had to produce cotton for the wor?d is naked, and then when we produced it the same gov ernment tried to break us financially, it makes him rebellious and the Southern farmer has his eyes on the pretended friends of the past who proved to be wolves in sheepskins. Senator Harirs in the senate dis cussion said some pertinent things about cotton which we are eproduc ing herewith, the quotation being from the Congressional Record: "Mr. Harris. Mr. President, I wish to call the attention of the Sen ate to an important fact in connec tion with cc .ton. The Senator from North Dakota (Mr. McCumber) and Senators on the other side of the aisle who have given the Senator from South Carolina (Mr. Dial) such close attention will be interested in this. Except for the cotton exported from the South since 1880, the balance of ;rade would have been against the United States more than half tho pears from that time until the last jrear. The gold reserve that we have dad to help the country in the trying times the past few years has been due more to cotton exported than to any thing else. Without this cotton the balance, of trade would have been against the United States and we would have been sending annually abroad hundreds of millions of dol lars. Onr Government owes the cot ton producers of the South a debt of gratitude, and I hope to see the time when Senators from every section will feel an interest in the welfare of the southern cotton producer, whose products now sell for less than a third it costs to produce. No section has suffered from deflation as much as the South. "I ask unanimous consent to in sert in the Record the balance of trade between the United States and foreign countries and a statement showing the exports of cotton, which amounts to double that of wheat and corn, and showing the amount of gold that cotton we have exported has brought into our country the past 50 years. Also, I wish to insert a copy of the British Board of Trade Jour nal, showing what Great Britain- is doing to encourage the production of. cotton. Unless our Government helps the cotton producers, the production will be deceased, our exports lessen ed, and our gold reserve reduced: I think everything this Government can do should be done to encourage the production and exportation of cotton and financing cotton produc ers so as to help the price of cotton. Congress and our Government should leave nothing undone in such efforts as are now being made along this line. When the South receives a fair price for cotton, it not only helps our balance of trade, but it helps every industry in the United States."-Au gusta Chronicle. NOTICE. All creditors of the estate of N. L. Branson, late of said county and state, deceased, will render an ac count of their demands, duly attest ed and all debtors will pay amount due by them, to the undersigned Ex ecutor of estate at his home at Cle ora, S. C. D. D. BRUNSON, Executor. Cleora, S. C. June 21,, 1921. I ou^kt to/j ? I ^row tobacco You can't beat a Camel, because you can't beat the tobacco that goes into Camels. That's why Camels are the choice of men. who know and love fine tobacco. They know what makes Camels so smooth, so fragrant and mellow-mild. They'll tell you that the expert Camel blend of choice Turkish and Domestic tobaccos makes a ciga rette smoke you can't equal-no matter what you pay. But it doesn't take an expert to tell Camel quality. ? You'll spot it the very first puff. Try Camels yourself. R~ J. REYNOLDS Tobacco Co. Winston. Sui sm, N. C. SUMMONS FOR RELIEF. . STATE OF SOUTH CAROLINA CUUNTY OF EDGEFLELD. ' IN THE COURT OF COMMON PLEAS. . Bank of Western Carolina, John ston, S. C., Plaintiff. Against Ed? ward Mathis, H. G. Eidson, V. E. Edwards and George Williams, Defendants. To the Defendants Above Named: You are hereby summoned and re quired to answer the complaint in this action, a copy of which is here with served upon you and to serve a copy of your answer to the said complaint on the subscriber at his office at Edgefield, South Carolina, within twenty (20) days after the service hereof, exclusive of the day Lof such service; and if you fail to answer the complaint within the time aforesaid, the plaintiff in this action will apply to the court for the re lief demanded in the complaint. . T. B. GRENEKER, Plaintiffs Attorney. Edgefield, S. C., May 19th, 1921. To the Defendant, Edward Mathis, Above Named: Take notice that the complaint in this action, together with the Sum mons, of which the foregoing is a copy, was filed in the offices of the Clerk of Covirt of Common Pleas, at Edgefield, in the County of Edge field, and state of South Carolina, on the 17th day of May 1921. T. B. GRENEKER, Plaintiff's Attorney. Attest: W. B. Cogburn, C. C. C. P., E. C., S. C. 5-18-6t. Notice. As the Federal Land Bank will re sume the making of loans to farmers, I will receive and file applications for' loans for farmers. S. McG. SIMKINS. Boll Weevil Insurance. Protect yourself from loss by boll weevil. I am prepared to furnish boll weevil insurance, guaranteeing 130 pounds of lint cotton to the acre. The premium or cost is $1.17 per acre. See me when in town. 6-8 E. J. NORRIS.. THE FARMERS BANK OF EDGEFIELD, S. C. Capital and Surplus Profits Total Resources Over - - - $190,000.00 - $800,060.80 SAFETY AND SERVICE IS WHAT WE OFFER TO THE PUBLIC Open your account with us for the year 1921*. Invest your savings in one of our Interest Bearing Certificates of Deposit. Lock boxes for rent in whioh to keep your va1, aa ble pa pers, etc. * AU business matters referred to us pleasantly and carefully handled. We Solicit Your Business. We Can Give You Prompt Service on Milla Work and Interior Finish i Large stock of Rough and Dressed Lamber on hand for . Immediate Delivery. Woodward Lumber Go. , QUAUTY-SERVICE Corner Roberts and Dugas Sta., Augusta, Ga, ARRINGTON BROS. & CO. Wholesale Grocers and Dealers in Corn, Oats, Hay and all Kinds af Feeds Sloria Flour and Dan Patch Horse Feed , Our Leaders Corner Cumming and Fenwick Streets On Georgia B. R. Tracks Augusta, Ga. YOUR PATRONAGE SOLICITED UiWm See our representative, C. E. May.