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