Historical Newspapers of South Carolina

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E. H. AULL, EDITOR. Entered at the Postoffice at New berry, S. C., as second class matter. MONDAY, FEBRUARY 28, 1905 The Sumter Daily News has a very clever editorial on the difficulties of a legislator. We gree with the News that it is easy for an outsider to crit icize without knowing what has real ly been accomplished. When we say the legislature has done nothing it is really to the credit of the general assembly for there was really little that could be done. There is one thing, however, that the people should know, because it seems m some counties at least they like te be fooled. The man, as a rule, who would go on the stump and rant about high taxes and the cost of maintaining our state colleges and the cost of educating a boy or girl and the extravagance of other state institutions was fooling the people and trying to make them believe he was a great ecomnonist and would reduce taxes and- cut down extrava gance. The people should know that this fellow in a great mnay in stances did not open his mouth against these appropriati.ons and that they are larger than they were last year. The man who was honest enough to tell the people these ex penses could not and would not be reduced was put down as a high tax man given to extravagance and they voted for the'promiser. The people ought to know these facts and then if they desire to go on sending such men to the legislature why let them do it. The state is growing and the expenses of the state government will increase. The franchise tax bill passed at the session of the legislature of 1904 but going into effect this year it is said 11 bring into the state treasury at least $ioo,ooo. Returns must be made in February and all corporations se curing charters during this month will have to make returns as well as those that have been in existence for longer periods. Whitmire has just established a handkerchief factory with Mr. W. H. Rasor as president and treasurer. This enterprise is made possible by the fact that this enterprising city can secure a day current and run these small enterprises by electricity and can secure the current at a rea sonable rate. If Newberry were just large enough to warrant the proprie tor of our electric plant in putting in a day current and he could afford to do it at a rate that was not pt-ohibi tive we might start some small en terprise here also and make them profitable. Unfortunately for us the proprietor of our electric plant has to increase the price to the consumer to put in nevv equipment and by the time it gets paid for we fear it will -have to be increased again to put in more up-to-date machinery, that we w~ ill be a long time getting a rate that Kis low enough to use for manufactur ing purposes. The rate here when you use the night current is abouL thirty dollars per horse power per month for eight hours per night which is about $350 per annum per horse power. This, of course, is out of all reason but you can take it or let it alone as you please, for the pro Kprietoi- is independent, and it makes Slittle difference to him what you do. There is no competition. The Her ald and News had a fourth horse ~motor which cost seven to eight dol lars per month for night use and not every night either, and still it did ed and our motor was useless. \Vhen power sells from ten to twenty-five dollars per horse power clesewhere it does seem that at $350 per horse power per annum it would pay to put on the day current and that very soon a sufficient surplus could be ac cumulated to reduce the cost. The farmers will be tested .Or the next sixty days. If they stick to the movement to reduce acreage in cot ton and hold what cotton they have on hand now they will have won the most important battle they have ever fought. The price will surely go up by that time if it is found that they mean to reduce acreage and will hold to their cotton. If they fail now they need never try to accomplish any thing again by concert of action. The movement up to this time has kept the price up to where it is. But for the determination displayed by the farmer the price of cotton would now be five or six cents. In this move ment the farmers have the backing, support and cooperation of the bank ers, merchants and all classes of our people. The success of the move ment means the commercial free dom of the farmers of the south. They have never before had such an opportunity to work out their own independence. We believe they will stand to the movement. It is stated that several counties will vote very soon on the question of removing the dispensary from the counties, under the bill passed by the legislature in 1904. The only objec tion to this measure which has been urged by those opposed to the dis pensary is that to vote out the dis pensary carries with it a half mill tax to be used by the governor only when necessary to enforce the law in th , county voting out the dispensary. This money will not be used if the co.nty enforces the law and can only be used in the county voting out the dispensary. The law is alright and if any county really wants to be rid of the dispensary and is in earnest about prohibition this tax will not prevent it having a vote on the ques tion. Cherokee voted the dispensary out under this act last year and at the same time voted the half mill tax. This fund has not yet been drawn on by the governor and will not be so long as the authorities in Cherokee en force the law. In fact it would be a good idea to abolish the constabulary en:irely and put the enforcement of this law on the local authorities as it is with other laws and it would be enforced just about as well. The office of the cotton growers association will distrulute bulletins to the farmers once a week in the inter est of the movement. It may lead to the publication of a first class farm paper for South Carolina. There is a good field for one in this state if properly edited and managed. I n the death of Col. James L. Orr the state has lost One of its most en terp)rising and useful citizens. NOTICE. By order of the oBard of Directors a meeting of the stockholders of The Newberry Knitting mill is called to he held in the council chamber at Newberry. S. C., at 1n o'clock a. in.. on Thursday. the 9th day of March. 1905, to consider the report of the directors on the sale of the mill as directed by resolution of the stock holders heretofore passed and for the purpose of taking such actirm on said report as the stockholders may de termine. Z. F. Wright, Prest. and Treas. B. C. Matthews, Secretary. Newberry S. C. February 25, 1905 REPORT OF COMMISSIONR OF PUBLIC WORKS. T-o the lay-r and Coupnll. Newberry. S. C., The Board of Public Works of Newberry, S. C.. submits to your Honorable Body, the following re port of the Sinking Fund Commis sion, for the retirement of the bonds issued for Water Works & Electric Lighting Plant, for twelve months running from January, 1904, to Jan uary, 1905. Jan 1904 Cash on hand .. .$iooi 86 Interest collected during year .............. 463 90 Jan 1905, annual payment by council ......-.--.--.1050 00i $2515 76 Jan 1905 Purchase of $2500 bonds ..-............2500 00 Cash on hand ..1..5.......5 76 Jan 1904 Bonds on hand .. - $73oo 00 Jan 1905 bcnds purchased ..$2500 00 Jan. 1905 bonds on hand ... $9800 oo With this annual statement the board would call att'cntion to the fol lowing facts in regard to the value and importance of this Sinking Fund. The $42000.00 of Water and Electric Plant bonds were issued to run for forty years. falling due on January, 1937, with the city having the privilege of redeeming the same at the expiration of twenty years, the date of same being January 1917. The estimated interest on the present in vestment of the Sinking Fund for the year from January, 1905, to Jan uary, 1906, is'$484.0o. Amount payment by council, Jan uary, i9o6, $io5o.oo. Amount for Sinking Fund invest ment $1534.00 This amount for yearly investment in the Sinking Fund, increases rap idly each year, from the larger and larger interest accumu!ating each year. And if these amounts are in vested regularly at even 4 1-2 per cent. interest, the Sinking Fund should have accumulated by the year 1917, $34000-00. By January, 1902, in a period of tw%enty-three years the commission should have on hand sufficient funds to cancel the whole amount of $42, oo,.oo. The twenty year proviso for re,Leeming the bonds, was made upon ex)ectation, that at that time, the #o.nmission tould take up much the larger portion of the bonds, by funds on hand, and then arrange for :1e balance at a lower rate of inter est than 6 per cent., the rate of inter est paid upon the present issue of bonds. All of which is respectfully submitted by James McIntosh, Chas. E. Summer. W. F. Ewart, Board of Public Works. P. S. :-The report of the Sinking Fund commission made upon Jan uary. 1904. showed bonds purchased $730o.0o. Among these bonds is bond N,{o. 28 for $100.00, issued by Newberry Township,for the Augusta and Newberry railroad about which bond there is a question as to its le gal standing, that will not be settled until all bonds of that issue become due on June, 1906. This bond was purchased before either Mr. Summer or Mr. Ewart be came members of the board. James Mcintosh. NOTICE OF FINAL SETTLE MENT. Notice is hereby given that I will on the 29th day of March, 1905, in the Probate Court for Newherry County. make a final settlement of the estate o Sarah E. Mills, deceased, and will immediately thereafter apply for let ter dismissary as adiministrator of said estate. John C. Mills. Admrs. Sarah E. Mills. NOTTCE. All persons having claims against the estate of M. L. Kinard, deceased, will present the same, duly attested to the undersigned or ;his attorney, Fred. H. Dominick, on or before the first day of April next and all per sons indebted to the said estate will make prompt payment of same to either of said parties. Wilbur W. Kinard, Admin :.trator. Ne werry, S. C., February, g/ 1905. America's Leading CORSET! Are you entirely satisfied with the Corset you are now wearing? There is a W. B. made which will fit you whether you are small, large, slender or stout. We carry many shapes in stock, Straight Front, Princess Hip, Short Waist and Short Models. 127. Batiste Girdle for small figures. 87. Batiste 9-inch model for small figures. 115. Batiste short waist model. 654. Contelle short waist model. 929. Straight front for stout figures. 918. Straight front Princess hip. 917. Straight front Princess hip. Let us fit you in W. B. Yours truly, C. G.S. Mower Co. STRONGE R This bank has enjoyed a continual growth from the time it first opened its doors for business. Hence we be - AN D lieve the people appreciate us. We are now better prepared than ever to ST R N GE R" Xserve the public. While our past suc cess has been gratifying, we desire to make the coming year of 1905 show a THECOMERIA DAK, more substantial increase thanevr We receive deposits from $i.ooan Capial $0,00 00 upwards and on savings acco-ants pay FOUR PER CENT INTEREST Surplus 27,000 00 Compounded Semi..annually. JNO. M. KINARD, Pres. 0. B. MAYER, Vice-Pres. Z. F. WRIGHT, Cashier. J. Y. McFALL, Asst. Cashr. If For Any Reason You Want to Sell Don't spend money and waste time fooling with your local real estate agent, but send immediately your name and address, together with a decription of the property you want to sell. EVERETT DUFOUR, Atty, Washington, D. C. Grand Lace. - and - Embroidery Sale The largest, handsomest, and cheapest line of Laces and ern broideries we ever offered, pat terns superb and prices away down low. Come Quick and Get First Choice. MOSELEY BROS.