Historical Newspapers of South Carolina

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

YOUR ] The campaign of the T MONDAY, JUb.Y 31st. Now is your last chani protecting this year's cr< If you "Wait and See' Cards have been sentI choose their delivery po have Co-operative Warel sociation. If you are a member, d stamped post-card back I If you are not a membe Farmers have organizes This Organization is'f< that have no other inter growers and themselves. All the men working f member growers. The i growers. The Board of Director vigorously prosecute an: While officials of the . will be necessary, the As: sons who induce any mei ciation; and any membei ing his tobacco elsewher< The Tobacco C AMERICAN LEGION NEWS Of SOUTH CAROLINA (By Ben -Adams, Charleston.) Legion posts in South Carolina are electing delegates to the State * convention to be held at Florence August 23 and 24. Posts in all parts of the State are expected to se'nd full % delegations and in many cases mem bers other than the delegates will be in attendance. This should be en couraged in every case as it is the de sire of the State legion officials to have a large attendance at the convention. Rainbow division veterans meeting in Greenwood this week were enter tained by the legion and other or ganizations. The legion post at Grenewood is one of the most active in the State and can be counted upon to do its bit toward advancing the 3& //I SHE G & J 3 mori pepl hapene in /h Whe youfin happnmy in this LAST CE Dbacco Growers Co-operativE ee to join with 75,000 organi >pd. now, we prophesy that ybu ;o member growers, giving ints among the markets of E iouses run by the Tobacco G: o not fail to name your choic< ;o headquarters, with the. inf, r, Join Today in the Associat: I for their own good. )rmed by Tobacco Growers w ist than the orderly marketii or the Association are the nterest of these employes ar, s owes it to the 75,000 grow< violation of contract. Association hope that no su sociation will vigorously pros nber to break his Marketing who breaks his contract wit a wil pay the penalty as prov rowers Cooperat civic interesti of 'Greenwood. Mr. Ernest Rosenberg, past commander and Mr. w. M. welch, post command er, took active parts in entertaining the Rainbow vets. The Spartanburg post plans to send its entire drum and bugle corps to the State legion convention at Flor ence in addition to the nineteen dele gates which are to be elected this week. The post has also endorsed the idea that the delegates at the State convention stage a monster parade and that all men wear uniforms. The drum and bugle corps is expected to attend the convention in full regalia and equipment. This wil ladd very materially to the parade and should be a big card for the Spartanburg post. Two handsome mahogany writing tables have been- presented to the Spartanburg post by a furniture 1tiv a ha ) ,%" "Tea t$09 oftire dickrin thn nyh commend GG Tra at $10.9 ANCE! Association CLOSES zed Tobacco Growers in WAIT AND LOSE. them opportunity to outh Carolina, which all rowers Co-operative As of market, and mail the rmation requested. ion which 75,000 Tobacro ho have elected directors Zg of the crop for the direct employees of the the interests of the ors of the Association to its against any member ecute any person or per Contract with the Asso h the Association by sell ided in his contract. ive Association house in that city. These valuable, useful gifts will help to make the legion hall more attractive and con venient for the' members. The man ager of a movie house will give the post a percentage of the receipts from a very attractive picture to be shown in Spartanburg, July 18 and 19. The Spartanburg post has many friends and is making rapid progress. It is now one of the largest in the depart ment of South Carolina. The Charleston post may send a baseball team to the State conven tion to compete for the Ssate legion championship. A movement is now on foot to have the team attend the big gathering. New uniforms have been purchased and the team makes a very attractive showing. It was announced some time ago by the de partment commander that baseball might be one of the entertainment features at the convention,. He sug. ces on & J Passenger' r Tires and Tubes, effec e May 8th, arc not sub t to war-t ax, the war-tax ving be'en included. has cur nig that has done with rd for tire MOTOR CO. es and Tubes gested that the various pbsts organize base ball teams with the view to play ing at Florence in August. The Char leston post is proceeding with this in view and will probably be prepared to meet any legion team in the State. State. Mr. Louis A. Bikib is manag er of the team. PAINTING LENGTHENS LIFE OF STEEL HIGHWAY BRIDGES The life of many steel highway Bridges is materially shortened be cause of infrequent and improper painting, says the Bureau of Public Roads of the United States Depart. ment amount of money is spent for the replacement of rusted bridge mem bers that would have remained sounid i fthey had been kept painted; and more serious than the waste of money is the danger to the publice due to the weakening of some hidden part which may cause the collapse of the whole bridge. Officials of the bureau urge that all steel bridges be inspctel at least once each year and repainted at the first sign of rusting. Normally re painting is required at periods of from two to five years, depending on the climate. A suitable paint should b,3 used, and if there is uncer tainty about any paint, information should be requested from the State highway department. It is a mistake to repaint without properly cl.eaning the metal of all dirt, rust, loose pr.int, and blisters. Usually the places hardest to reach are the ones that should receive the most attention. FIRST H UNGA RIAN PARTRIDGES IMPORTED SINCE BEFORE WAR Importations of Hungarian part ridges have been resumed this spring for the first time since before the World War, reports the Biological Survey o fthe United States Depart ment of Agriculture. Two shipments have entered at the port of New York -one of more than 1,000 birds for the game commission of Montana, and the other, of 200 birds, for New York. Recent reports show that the H ungai'ian partridge has become well established in certain parts of the Northwest, and that it is fairly abun dant in several counties in eastern Washington. For several years prior to the war large numbers of these birds were imported, but later the shipments diminished on account of high prices and the lack of succeess in establishing the birds in many places where they were liberated. ROAD-BUILDING PROBLEMS DISCUSSED AT CONFERENCE The committee on tests of the Am erican Society of State Highway Offi cials met with the officials of the Bu reau of Public Roads o fthe United States Department of Agriculture, in Washington, June 26 and 27, to con sider standarization of specifications and tests for road materials. The purpose of this meeting of representa tives from all sections of the country was not so much to lay down rigidl rules as to harmonize the general practice. Standardization taking into account local conditions is being brought about by a series of meetings betwveen officials from groups of States andl engineers of the bureau. The present activity of highway officials along this line is most en couraging for roadl building. A few years ago the general tendlency was towardl individuality in each State, without much opportunity for ex change of ideas and knowledge. Tlo dlay the tendency is in the other dIi rection, and a better solution should( be reached when the problems are dis 'cussed at meetings of the'best high way engineering talent of the coun try. With Country Banks on Strike CouldWall Street [ive? (Continued from page twvo) of the currency showv graphically in whose hands lies the control of the country's money powver, if they wvili only attempt to assert it. The official report for 1921 shows thaot the total resources of the 8,155 National banks of the country, on September 6, of that year, aggregatedl $ 19,014,10(2,000. 1921 Total asset~s of the country Na tional banks $15,586,222,00. Trotal assets of the New York Na tional banks $3,427,880,000. Preponderance of the country banks over Wall Street banks $12,158,3412,000 Percentage of resources to the to tal: Country National banks 82 per NOTrICE OF SA LE OF PERSONA.L PROP~ERTY I wvill sel to the highest bidder for cash in front of the Court House door at Manning, S. C., on Monday, Aug. 7th, 1922 at twelve o'clock Noon, the following described personal proper ty: "One Ford Touring Car, which was taken from Charlie Frierson on the night of June 3rd, 1922 for the illegal transportation of alcoholic liquors. J. E. GAMBLE, Sheriff of Clarndoin Conny. A re you able t Electi .Appli in Manning? If to visit us when ii Our Stock of . Fixtures is cor detail, having o complete and el Display Rooms of South Car( prices. Lamps and Appl lighting plants als Lynam El 33 W. Liberty St. cent. New York National banks 18 per per cent. Now let us see what proportion of their surplus funds the country banks keep on deposit with the New York National banks. Report of the controller of the currency, as of January, 1920: Thirty-one New York National banks had on deposit to the credit of their correspondent banks in all parts of the country, $896,351,000. Report of the controller of the cur rency, as of September 6, 1921: Thirty New York National banks had on deposit to the credit of their correspondent banks in all parts of the country, $685,989,000. It may also be of interest to note how these hundreds of millions of de mand deposits, lying in the Wall Street banks, are proportionated among the different sections of the country. In 1920, the New York Na tional banks had on deposit to the credit of their correspondent banks in all parts of the country, the follow ing sums. Held for banks in Western states ---------- $36,358,000 Middle Western states .-- 164,625,000 Southern states -.. .- 159,024,000 Eastern states ------ --.---299,618,000 New England states -- -44,400,000 If these figures :each anything, they teach the lesson that, while New York and the country are interdepen dent, Wall Street needs the country more than the country needs Wall Street. They show that the country banks possess 82 per cent of the Na tional banking resources of the Unit ed States, and that they annually keep on deposit with the Wal IStreet banking institutions, sums ranging from $700,000,000 to $900.000,000. The experince of 1907 has shown, How the 13 the F You, the Farmer, ar ducer of wealth. But t money forl your crop)s ma The crop)s must beC sown, reaped and1 SOLI)! The Bank is your F carry you OVer the weel, planting and profiting se purchase seed, fertilizer, In times of stress it helps you weather the sti Are YOU getting a bank offers farmers? Learn how we can information from our pleased to tell you more Home Bans CHARLToN T. M. WELLS rage seven s purchase your niCal ances nlot, we want you 1 Sumter. Appliances and nplete in every ne of the most aborate Fixture in this section >lina, at proper lances for country o in Stock. .ectric Co. SUmTER, S. C. as the conditio;,s existing in Wall Street show today, that the immense surplus funds deposited by the coun try in New York banks, are used al most exclusively by the latter in lending them out as call loans to members of the New Yorw Stock Ex change. The country could easily forego the returns it derives in inter est from New York, and utilize its financial sinews in its own terirtory to far better advantage. As long as Wall Street commits it self to huge gambling ventures, just that long are the wealth and well being of the country in danger. But the country banks have it in their power any day to nip these wild spec ulative operations in the bud. This truth has just been graphically pro ved at the present writing. The call money rate in Wall Street, a dyn or so ago, ruled at two and three-fourths per cent. One "country institution" recalled $4,000,000, which had been on call in the Street for three or four weeks. This withdrawal was follow ed by several others. The absence of this western money was immediately felt in banking circles, and bankers began liberally to call brokers' loans. The call money rate jumped instantly by one-half points to five per cent. At any time, a concerted movement of a similar nature on the part of the imterior banks, could so deplete the Dating supply of speculative funds in Wall Street, that they would swiftly prig k the bubble of speculation, and convince the domiinating powers of the Street that they must be con pelled to give due consideration to the interests of those who hold in their hands the real and actual wealth of the Nation. If count ha nks went on strike, what would \Vall Street. do?The Dearborn Independent. ank Serves armer Ameic(a's greatest pr1o efore YOU receive the fly months usually elapse. must he fertilized, tilled, riendi because it helps to s and months between asons. It permits you to machinery, on credit. stands behind you and )rm, Ii the benefits which the hielp YOU. Ask for full officials. They will be thout our service. :& Trust Co. DuRANT, President .Cashier