Historical Newspapers of South Carolina

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Isin Revenes~ is Larger thian Expevcted-More Money is Ocm ing In. The State, 13th. "While the deficiency in the fin ances of the state government are not so large as estimated early in the year,'' said a state official, "there is need either for retrench nent in the appropriations or an increase in levy unless the general as sembly estimates more exactly -each year how much will be raised. This year the deficit would have been about $180,000, but for increased re venues from several sources and for unexpended appropriatibils.' The total appropriation for 1907 by the general assembly amounted to $1, 460,216.93 and so far the state has borrowed $350.00.0 to meet current expenses. At the tiie of the appro priation, however, the revenues were estimated at least $120,00 below what they actually will be and the predic tion of Comptroller General Jones ] would'have been verified but for this 1 increase in income. In his report in i calling attention to this deficiency each year Mr. Jones said in part: "The estimated expenses of the i st!ate government for 1907 are $1, 271,784. It appears that if the ap propriations do not exceed the esti mated expenditures for 1907, it will I require of the taxes of 1907 $425,000, and as no part of these taxes will be available before November 1, it is ap parent that the state must borrow $175.000 to pay expenses before the taxes of 1907 are available. The state's revenue for 1907 for taxes estimated and based upon the present assessments of $249,500.000. at a rate of 4 1-2 mills on the dollar, would realize $1.122.750. To th'is add from indirect and other sources $151,400. This would give a total estimated re-'] venue of $127.150. If the estimat ed expenditures, $1,271,784, are not exceeded,. then a state -levy of 4 1-2 t mills will pay all appropriations." It so happened, however, that the appropriations exceeded his estimates c by about $180,000 and for that rea son it was thought that the state ( would be just that much behind. r Tihe revenues from the franchise or i eorporation tax amount to $78,353, against an estimate of $70,000, due principally to collection of the fines and penalties. The state taxes from the railroads will show an increase of $50,000, due to the raise of $11,500,-V 000 in values, while the state taxes on real estate will amount to as muchi on account of a pro,portionate in-' crease. The insurance fees will brinzi in about $47,000 against e stimate of $42,000 and the fees fro:n the -of fice of the secretary of state will li amount to about $20,000 against an estimate of about $18,000. All of o these increases will bring the revenue a up about $120,000 and therefore the a defieincy will not be over $65,000. b This twill be still further reduced t< by the turning back into the state i treasury of some funds left over from the high school appropriattion as well as some other unexpended ~ funds. At the next session of the general assembly, however, it is almost cer- 3 tain that a more systematic effort i will be .nade for estiniating the rev enues of the statet as well as provid ing a more uniform tax law. BANK EXAMINER TO QUIT OFFICE. Mr. Lee G. Holleman to Go With1 People's Bank-The Report , - in Anderson. The State. Andersion. Nov. 12.-Mr. Lee G. Hlolleman will in all probability hand in his resignation as state bank exam iner to Gov. Ansel, effective January 1. t has been rumored on the streets here for a day or so that he will be-i ere connected with the Peoples' bank of Anderson about the first of the year and that the capital st'ock 'of the hank will be increased from $100,000 to $250,000. The bank now has a surplus of about $60,000 an dlI with its increasing business it~ needs a larger capital stock and also E additional help in managing its af fairs. When asked about the matter today Mr. Holleman said there had been some negotiations looking to hisI becoming conneeted with the bank and ( that while the matter has not been definitely settled, he thought it quite likely that the deal would go through. If Mr. Holleman does become con nected with the bank he will continue' as state examiner until the close of -the year, in order to finish up his c year's work in that office, and will tender his reaio'nation to Gov. Ansel I wii. thePeope's ank nti luow that he is c 'ing back to stay. LONDON PRIDELESS. Because Large Part of Population Made up of People Who Are There by Chance.' Blindfold a Londoner of the centre, >ut him down in the Caledonian road )r on Brook Green or at Herne Hill, -hen take off the bandage and ask aim where lie is. The chanees are -en to one he will have no notion at ill. says the London World. They are aot ihabited by Londeners in the -rue - but the per-ple whom acci lent or recessity has brought within ,hc metropolitan area and who would )C just as happy 200 miles awawy. nheir anmsplmre is not metropolitan. h:n dthe Ce-itre. .ney a: )n the fringe. That is why London has so little ocal pride. It is not a community.1 [t is a congeries of suburbs, each with ts separate narrow interests, grouped iround a little city whose citizens 1ave lo wide a horizon that they can ;pare next to no attention for local tffairs. How can civic patriotism be xpeeted from a man who spends all iis week-ends at a house in the coun ;ry, the spring on the Riveria, the Lutumn in Scotland of the Mediterra 1ean? London is to him only an inei lent with boundaries probably small ,r even than those which I have sug ,ested. The real Londoners are those who vould not consider life worth living tnvwhere else. The real London is he small place wherein are to be 'ound the interests which will their ives. Hundreds of thousands of sub irbans have never seen a picture i: Iondon, never been in the opera or he play, could not tell St. Paul's rom the Abbey or distingu4 be ween St. James' and G6vernor >quare. Per contra, few real London rs know anything about the regions n the fringe. The immensity of London is the onstant subject of bewildered com aent. It is the littleness of London rhich astonishes me. Pat Tells Biggest One. An, Englishman, an Irishman, and ,Scotchman were one day arguing s to which of the three countries sossessed the fastest trains. ''Well,'' said the Englishman, 'I've been in one of our trans, and h~e telegraph poles have been lige a edge.' ''I've seen the milestones appear ke tombstones,'' said the Scot. I ''Be jabers!'' said Pat, '' I was'] ne day in a train in my country, ( nd we passed a field of turnips, and field of carrots, also a field of cab age and parsley, then a pond of wa ar, and we were going that quick I 2 iought it xreas broth!'' Putting a litle more in than you tke out will eventually fill your rse. BEST BY TEST OF TIME-Par oid, Asphalt Gravel and Asbestos I Spark proof roofing. I have studied the roofing question and will not sell any but the best. Come and see C. H. Cannon, Newberry, S. C. We L enc Buy H We provide easy term We enable borrowers n Monthly Installments, tllowed to meet obligati It is cheaper than~ payi o save money to buy a I lontract. If you want toisave mt ake a Security Contraci Call on A. J. Gibson, A rreasurer, at office, cori treets. next door to oni Lt,L III and all kinds of FRUITS Phone 247 and have every thing delivered promptly'to your residence. We are now located on Main street, also at the old post office. ThCO. Limbru Prompt Delivery. EXECUTORS' SALE OF LAND. Good Timber and Bottoms. By authority given us in the will of John A. Cromer, deceased, we will sell at public outery at Newberry Court House within the legal hours of sale, on -Salesday, December 2nd., 1907, that tract of land in Newberry County lying partly on Heller's Creek, and containing 128 acres,. more or less, boun'ded by lands of 1 estate of Wm. Ruff, deceased, other ands of John A Cromer, deceased, and lands of D. A. Kleckley and Joe I H. Ringer. TERMS: One third cash, balance payable in one and two equal annual instalments, selured by bond of the purchaser and mortgage of the pre mises, with interest from day of sale at S per cent. payable annually, with eave to anticipate payments in whole r in part. Purchaser to pay for pa pers and for recording. Daisy E. Cromer, Geo. B. Cromer, Executors. 1-8-3w.C DOWN - DOWN - LUMBER and C building material of all kinds. Flooring, eiling and shingles of all grades, sash, doors, blinds, laths. i roofings, etc. C. H. Cannon will give the very lowest prices and meet all competition. He is in fot small profits arid large business. NOTICE TO OVERSEBS. All overseers of puiblic roads in 'ewberry county are hereby ordered o work their respective sections for he full time, as required 'by law, by )eember 1st, 1907. Herein fail not, n pain of the penalty of the law. J. Monroe Wieker, County Supervisor. Nov. 2nd, 1907. taw. OTICE OF FINAL SETTLEMENT. Notice is hereby given that I will 1ke a final settlement on the estate f Henry L. Gallman, deceased, in bie probate court for Newberry oity, on Monday, December 2, 1907. t 10 o'clock a. in., and immediate E thereafter aipply - for letters dis ussry. N. OCbilds. Executor of the last will and testa-! ient of Henry L. Gallman, deceased. I Monle omes! s of payment. to accumulate a fund ,on which interest is~ ons at maturity. ng rent. If y,ou want aomne take a Security >ney for any purpose~ :. It pays. sstant Secretary and rer Boyce and Adams peland Brothers. Which Comp.any wiil pay the largest dividends? Which Company issues the most complete policy? 59.3 per ct. cash dividend pal It PAYS the LARGEST DIVIDENDS $50,000,00G is part of the The Pacific More than is offered-b: It wrote last year (paid for business) over 3tate), being nearly as much as any other three It was organized 40 years ago on "Old Lin han 40 States and Territories. It has over 13 tess in force The stockholders, who are well known, ar 550,000,000 are personally liable in an i ngs, for all the debtslof the Company; extra si Lnd offered only by the Pacific Mutual Life Insi Jnder these same laws the directors of the con >fficers. Funds must be invested in non-spE >any funds aie under bonds. The Greatest Combination o Stro The Pacific Mutual Life has the best legal ees of any American Life Company. It is a n ias many :dvantages not enjoyed by the Eastei iies. It has a surplus to policy-holders of near iolders over $20,UOO,000. It is governed by c leposited with California State Treasurer $1,20 Fhe Cash Capital, One Million Dollars, Fuly ion of policyholders. The Complete Combinat 3ickness, Accident, Old Age and Death; they e trictly up-to-date. ONE CONTRACT, ONE PRI Life Disability, Accident, and Disease Insu ase cost annually only 3 per $1,000. Life p :osts policyholders absolutely nothing. Should vhy; you cease paying premiums and receive a ash for ten years. $10,000 COMBIl~ Veekly Income (52 weeks) in case of acciden 'ayable in case of insured's permanent and tot: PROTECT YOURSELF in order tt Call to see us.' Office over Old Postoffice, Newberry, S. C. Liberal cor1tra&cts to agernts. If you desire to buy insurance, lefus hear when yo-u ec.Afnethtabl a raIh - s nlrecrqunithnay othr Y( ece h ofheekid manfruils of AMRCA rENown crope miles yod buy fmene fence haties.c break outhi foe Yocant how you th fence ou buy,c weigh exan wagn. Nowl, im andse as fatand ytouso knowes. We ha gve inayusce th ceiedra sod il qunttes thanayoter to csi h Wes cahwyti fi elne o urusokadecli eceived. Fresh supply ( WI, < . A ,>w rare of mo.taity. 2. hiaximum interest earnings. 3. Minimum expense rate. d on policies maturing 1906. paid by any company. extra protection offered by Mutual Life, y any other company. ,000,000 of business in C-lifornia (its home companies wrote. e Basis." It is now doing business in more 000,003 Assets, over $100,000,000 of busi d conservatively estimated to be worth over inlimited a.egree, according to their stockhold )curity required only by the Ca'ifornia Laws, irance Company of Los Angeles, California. )pany are liable for the wrongful acts of the culative securities. Off2cers handling o r - Ig nsurance Feature Ever Devised. organization, and gives the greatest guaran iedium sized Western Company and as such n "giants" nor by the smaller young compa ly $2,000,000. It has paid account policy tringent Insurance Laws of California., It'has 0,000 for special protection to policyholders. Paid, is special legal surplus for the protec ion Policies protect for one premium against mbody "all modern irnprovements" and are EMIUM, FOUR BENEFITS. rance all in one Contract. Accident and Dia Femium rates are low. Disability- Insurance ydu become totally and permanently 'disab'ed, nnually one-tenth of the face of the policy in JATION POLICY. t. . . . $50 kness. ' . . .7 . $0 4 disability . . . . $10,000 . . . 0 $10,000. at you may PROTECT OTH ERS. COBERT NORRIS,. Gen. Agt. for South Carolina. from you. >u4ie tc -a o wat -n htyuhveargtt xet rog or bra doni- o ot pyggooe _ug totr -h evetPrhrno o ei -tht per -unn ro,yuoti-h otwih )ur acknowledged iatyo merit and whaioiynt yonlyve igh th ol epect, Sard lstid of his fence,a n rc.I smd n orl,tel yon itpmries at hi wnio ie and funs,thiron wire the LakoldedShls'