The Manning times. (Manning, Clarendon County, S.C.) 1884-current, August 04, 1920, Section One Pages 1 to 16, Image 15

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COOD IIONS GROWING BETTER SAYS COMPTRIRfR )A* kelton Williams Scores New York Bankers for Excessive Interest. Washington, July ' 30.-Asserting that while -the applicaton by Federal Reserve Banks of bankes on credit hag had a "jarring effect on some nervous systems," John Skelton Wil liams, comptroller of the currency, in statenient tonight said general busi ness-conditions throughout the coun try afforded abundant reasons for "confidence and encouragenietn in the future." Action of the federal recerve banks in largely depriving non-essentials and luxuries from the use of credit was said by Mr. Williams to have had t very beneficial effect. Reports to the comptroller show a markedtend ency towards liquidation, he said, adding he believed the credit restric tions were responsible for such de clines in prices as have come. Mr. Williams said there was a prev alent pessimism which w&.s unwar ragted in that the banks at present were in a "particularly well forti filed position." lie cited figures from fled position." He cited figures from reports on the last national bank'call, June 30 to show that there were in crhses in loans by banks in only two & %-ons, the Eastern and Cleveland rstricts. Attacks New York Banks. The currency comptroller attacked New York banks for exacting interest -charges ranging as high as 15 per cent: New York bankers, he said, were the only ones in the country charging such interest rates, ,.hich he believed to be burdensome on bisi nes- sas well as "without justification for their excessiveness. These banks. Mr. Williams said, have a borrowing credit from the federal reserve banks at "les sthan 6 per cent." "Those inclined to pessimistic views as to our financial situation," Mr. William scontinued, "probably do not know, or do not appreciate the im mensely significant fact that our fed oral reserve banks have an unused lending power of $750,000,000 at this time. If the occasion required, the board could, by waiving reserve re quirements on deposits and notes only 10 per cent increase the unused lend ing power to $2,500,000,000 which is twenty-five times as much as all of IT IS A. Where gthe Dixie coolest p1 there. S to the DDl seat, he'll do. The are sure1 u: we serve gained th '4-D Boiling Is the, Only Sure Way New Method of Washing Is Quicker, Better and More Economical Old-style scrub bon'r(ds and warm Wiater have been responsible for the spreading of many contagious dis eases. There is no need for any woman to take this risk. The best way to kill germs Is with heat. Bol your clothes and every germ is killed. And besides, this wonderful new method is far better and more eco nomical than an" other way. Just think! Soak your wash over night. Shavo % bar of Clean Iasy Naptholeino Wash Hoap into a 4% gallon tub of water. Let It dissolve, and bring to boil. Put the clothes in and stir for 10 minutes only. Every garment is clean and pure. There's no comparison between this and the old. dan gerous, back-break ing wash tubs. Your wash will be finished before your neighbor has scrubbed the skin off three fingers! Buy a har of Clean Easy from your grocer. One-half bar will do an aver age week's washing of heavy clothes. And it goes after dirt, grime and germs in a .way that you couldn't possibly do with a scru bi#ng board. Protect your famiily--ease your work and get everything twice as well don at half the cost in less than half the time. How doees that sound? There never was anything which could comparo with (Clean lasy-thrt won der soap. Just notice how dilferent it looks from other soaps--aid how dif forent it works, too! Try It today. You can but your life you'll never work in any except the easy Clean Easy way again. Follow the directions on Inside of tile wrapper. the national banks ever borrowed at one time on bills payable and redis counts prior to 1913. In the face of such figures and facts as these, the fear expressed in some sections that there may not be much available seems manifestly absurd." BIG DEMAN FOR COTTON GRADERS Clemson College, July 30.-There is a big call for official cotton graders to serve in the various counties under the new arrangement of the Extension Service with the Cotton Association and the Warehouse Commission, and it is apparent now that the demand is going to be much greater than the sup ply of available graders. This is the opinion of E. C. Seifert, Extension Extension Specialist in Cotton Grad ing, who says that there is a scarcity of good graders due to the fact that men experienced in such work have entered the field as buyers Already fourteen counties have ap plied to the Extension Service for graderagraders. Seven of these appli cations have Ileen filled and the others LL OVER will you be tonight? Oh, I'll Cafe; Why? because it is thi ace in town, therefore every o if you want to meet your fr [IE CAFE and if he is not in, be in~ when he gets hungry, f n1 when you see us serve him e o eat. We have proven to< the best. Now let us show y at reputation. XIE CA The Place of Pled will be filled shortly. Five other coun ties have practically completed finan cial and other arrangements to ask for graders, and r'eports fro mthe cot ton marketing campaign now going on 'Indicate that over half of the other counties will do so. This means that there will be a scramble for the ap pointment of graders, and counties are cautioned that applications will be fill ed in order of receipt and that many connties may have to do without grad ers unless arrangements are completed and applications made at once. . In some counties the official grader idea has taken such strong hold that several towns in the same county want a grader each. In Oconee Coutny, for example, Westminster, Seneca and Walhalla each raised the necessary funds and sent in applications for graders on the same day shortly after the county meetings were held. As many official graders as possible are being engaged to meet the calls, and the success o fthis phase of the cooperative marketing agreement is already assured. -0 RESOLUTIOn OF" iESPECTl' Resolution of respecL to the memory of our Brother Mason, J. E. Richbourg, passed at the July meeting of Claren don Masonic Lodge N. 198. WI EREAS, The great and Suipreme Ruler of the Universe has in 11is in finite wisdom removed from among us1 one of our worthy and esteemed fel low laborers, Joseph E. Richbourg; And, WHEREAS, the long and inti mate relation held with him in the faithful discharge of his duties in this society niakes it eminently befitting that we record our appreciation of him; Therefore, RESOLVED, that the sudden removal of such a life from among our midst leaves a vacancy and a shadow that will be deeply re alized by all the members of. Claren .on Lodge No. 198 and friends of this organization, and will prove a serious loss to the community and the public. RESOLVED, that with deep symi pathy wa.h the bereaved relative.; of the deceased we express our hope that even so great a loss to us all may be over-ruled for good b:. Him who doethi all tHings well; RESOLVED, that a copy of these reso!utions be spred upon the records of this organization; a copy printed in the local paper and a copy forwarded to the bereaved family. G. E. GRAHAM, W. T. P. SPROTT, C. D. STURGEON, Committee. ------0 FOR' FOR SALE-Brand new Ford Touring Car with starter direct from factory. Abrams Department Store. TOWN' see you at e cleanest, body goes iend, come just have a or they all meal, you thers that' >u how we FE Home Banl The Bati Agricultur On account of my health ti leave, and I will be away froi the case we will be compelled time we expect to again offe others as a medium of exch 'Until Mr. Musser's return calls for Hog Cholera work a is doing this work and is occ It has been a pleasure for you, which we hope and expec Yours AAgricultural Agent, Home B Farm 1M Yes, w BINDE] MOWE RAKES CULTlP PLOW: * Let us show y There are no Coffey & Trust Co. tk That Serves al Department ie Bank has given me an extendc r n the Bank for sometime, this being to discontinue this column until my a later than September 1st, at which r this column to the Farmers and ange. the Bank will be glad to take all nd turn them over to Dr. Wood who upying my office. both the Bank and myso" to serve .t to continue to do. Respectfully, C. A. McFADDIN, ank and Trust Company. ach inery? 'eH avelIt RS ,RS /ATORS s rou these machines. ne better .made. -: & Rig by.