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.

[AMAO Daily They vrive--Hundreds of the Smartest ALL RESSES Suits and 'te New in Li e-S) }e-Sniaetness! HAND EMBROIDERED SHIRT WAISTS A new shipniert of dainty hand made waists, some' are lace trim med, enbroidered, and have hemstitched tucks, then there are some with pretty vests, oth ers have the peter pan collars. The prices are $1.98,.$2.98, $3.48 NEW AUTUMN SUITS, $21.75 Poiret twill and tricotine, in navy blue, tailored long, coats with linings of gray crepe de chine, priced at $21.75 WOOL CREPE DRESSES, COAT SUITS, $18.50 $13.95 Tricotine in navy blue with lin Dresses of Wool Crepe that are ings of gray, at very neatly trimmed with braid, beads, in navy, black and brown, at DISTINCTIVE STYLES IN $13.95 NEW FALL COATS. NEW FALL SILK DRESSES, Coats, $9.95 a $22.50 These pretty long coats in the In fine quality Canton Crepe, newest fall styles of velour and Crepe de Chine, and Crepe-back full line, oly Satin. All new Fall models in' very newest styles. They are trimmed in beads and embroid- COATS, $19.95 ered, for $22.50In the newest fall styles of velour $22 50and tweed, some are embroidered and others are plain with two SMART NEW FROCKS, tone linings, some are fringed AUTUMN, $22.50 and others have the tassels for These Dresses are of Canton e-dna Cree,. Crepe de Chine, Crepe- .teF bac Satin, awl Charmeuse. Have all the style marks thatAU MNC TS may be found *in Dresses doukle$2.0ad295 the price. They.ere sfr. ht lii ~ Fl eghcasd1oii e effect with prett hemigsh orwediaocotom as beaded, and. bride and l~e ae ~~~eye~rodrdi also embroidezred, re lvstho THE CLOTH DRESSES, $24.50brwlakn uefo New Fil1ffock o i' e'Tvill 2~~ and Tricotin~e, -smartly trimmned ., with braid and ver'y neatlyr ern- .. broidered, for LDE~PR 1fIA LADIES' SILI HOSE, $1.65 Rsinclnv,~htpgo Ladies' Silk Hose i dondow- MIs~tcc~ ing shades: bis~k, ' vhte~ gsy ,( . navy, Russian Calf, and cord -______-______ browThese predty long coatspiCHOhe matc, dnewesThtLfatles ofl Stelorsn Her the es llstle ofvlurn ______________________and twedsom taril e eoidre andr oes ahr. hain wihtwo Ladis' ercrizd Sprtosein tone, aiins C one ox, -u fringe perdairtaue hand gre taseorr $24.0 TO $2.50 SELLS FOR LicSSolScMTER, Some. el tlye ~odeedi ' (fROM -A$HINGION WEEKLY NEWS LETTER FROM WASHINGTON (By Special Cnrespondent) Washington,: D.. '., Sept. 2.-In this column, under date of July 31, the - statement -was made that when Congresss would adjourn, sonetime along in the Fall, there would be no bonus legislation, and that Republi can 1Members who were voting for it were doing so with their fingers ergss ed, knowing the President would ve:o the bill. This - writer went further and gave the entire plan which would be followed--that the bill would pass both Houses, would be vetoed by the President, and that the effort to pass it over his veto would succeed in the House and fail in the Senate. This was not- prophesy-it was written from knowledge of the Republican plan to hold the soldier vote in line for the Republican Members and those Republican Senators who have to go before the people in November. When they : voted for it and made tearful appeals for other votes - they knew their votes would not make the nwas ure into law, for they knew it would fall in jrst the manner stated in the letter above mentioned, which appear ed in hundreds of newspapers throurhout the country. It is estimated that the bonus bill would have cost the taxpayers about four billions, scattered over a genera tion or more. The President and Sec retary Mellon can not see how the people could pay the price, but they have no heitancy in approving the new tariff bill, which will take from -the people's pockets, in increases in the cost of manufactured articles, al rhost four billions each single year until the awakened and outraged pub lic drives the law and its makers out into the cold. Mellon himself will be the greatest beneficiary, in all likeli hood, of all the men who will fatten their present wealth off of the needs of the people. This modern Shylock controls, as merely a part of his great wealth, all o fthe aluminum manufac turing in the land. His influence' has raised the tariff rates on imported aluminum wares to such a high point that there will b: no importations; his companies will have no competi tion and the prices can be lifted to double the present figures and the public will simply have to pay. There is no escape. Under the new law, with the help of a little joker, the import duty on aluminum wares is 71 'per cent, while under the Underwood law it was 20 per cent. The latter rate protected the American alumin um worker and put much revenue in the Treasury; the new rate keeps out the foreign wares, hence the Treasury will get no revenue therefrom, while it gives Mellon's companies a com plete monopoly. They have suffered so -little from foreign competition in the past that they have exported heavily, selling their goods -in Europe in competition with cheap labor. Mel lon is a director in the Alum'num Cooking Utensit Co., of the Alumin um Ore Co., of the American Metal Co., of the Northern Aluminum Co., of the Pressed Metal Radiator Co., and of the United States Aluminum Co. Under this prohibitive tariff rate a peculiar result obtains: The Treas ury will receive no revenue, while the Public will be muleted shamefully, yet will have to pay other taxes to pay other taxes to the Treasury to make up for those lost because the tariff is so high as to prevent impor tations. The new wool tariff is so outrag eous that it will take almost a billion dollars each y(br in additional prices, over what, they should be, from the pocktet:'f the consumers, This amdunft-alone, in-four years, would p ay the entire bill for the soldiers' Ionns. lag .people, who twould like to *e the boys get the bonds, will have .to p ay this billl, and fet ,the soldiers will go Withott thselr i-ecomipense. One pf the mest 'fronical frauds in 'the vfool'tariff is the fact that' it taxes as ure' o'ol'every fake and' fr~u-d that Iariyftretch of the truth can be ssedds wool. A workntan's bu ntrshirt, which* henly tink s.woolr p pl . 'on it aduty of. 108 er'cent thopgh' thet'e is nut~real-wool I~it. .It cgli it wog1 is an insult SIch evedi a sitee should resent. The . 11seda 'o -Vtes .birts .us d 'fin 8~ to8tey cent ifoJ hd e arenahainder is dot t. Many folks think the word Ahoddy merely mneanip poor grade of iool. That is correct as far as it '$es, but the fact is that shoddy is~ iide frorh the.ragpfel:,ey's rags, pull-: 'to 'pieces bf mac~i eryr l .Mai~n Muti and dyed. The'long' ibr..and Se llfe''f the. olgnal Wkool arb gone ~d the. gp not .irt whidh it is uiaed aof short 0f, 'oof' 'cjunllty 'hud of ittlew'idrmti . .1''e -duty on wool is' put- on'-under coetnsQ protpeting the farmor ItFfltemoved All the protectio~hi - ~kinst the Cheat and the fraud. - the farmers need to year wool ments and buy thenmifo/ ~ler 7nhis, yet only 7 per ent 6! eh4 r al sraise sheep, while o 1 ..8 d4 *1r it have large flocks. 'Te tariff gp th raw wool will enrich the wool 'r e i'~s about 45 millions, will put 0 mililons in the"-Treasury and Id 8'~ rilffons. to th'i' giptes of the 51 hrs and manufacturers of wool ~~cothing. Every fellow~ ketr, his y~tokt of :it--the wool' bbbe'r, the eoror, the carder, the spinner, the voav, the cloiihing. . mqnufgeturer, ~ bber~ andI retallt'. Hialf of this Is ~e td this pyrmaidling each handler ad s his per centage of ,pl-ofit to a hiigher first cost. If a yard of cloth fermerly cost him two ,. dollars,,his fifty per cent p rofit causes him to-sell it for three doll ars--a profit of one dollar. lgut If that cloth now costs hinm three dollara and he qcda fifty per ccant for profit, he' makok 'a dollai' a half, and the purchaser pays tur dollars and a half in place of three dollars. New Brunswick, Sept. 26.--The body of Mrs. Mills, fo ad slain beside her pastor, the hey. Edward Hall, will probably be erhumed for a further ox amilnation. tha 'authorities aid. Charter No. 11155 Reserve District No. 5 REPORT OF CONDITION OF THE FIRST NATIONAL BANK AT MANNING IN THE STATE OF SOUTH CAROLINA, AT THE CLOSE OF BUSINESS ON SEPTEMBER 15th, 1922. RESOURCES 1. a Loans and discounts, including rediscounts, acceptances of other banks, and foreign bills of exchange or drafts sold with indorsement of this bank (except those shown in b and c)--$317,070.56 Total loans---------------------$317,076.56 2. Overdrafts, secured, $103.00; unsecured, $24.46 ----------------127.46 4. U. S. Government securities owned: a Deposited to secure circulation (U. S. bonds par ~ ~ ~ ~ ~ ~ seui vle- - - - - - - - - - - - - - -$25,000.00 b All vather Uitedtiattes Governmientsecuri....25-00 ties (including premiums, if any) --------------..846.00 Total-----------------------------2,846.00 5.Other bonds, stocks, securities, et: ------ ------------------4,125.00 6. Banking House, $5,614.65; Furniture and fixtures, $4,035.90--~~---9,650.55 7. Real estate owned other than banking house ----------------- 25,000.00 8. Lawful reserve with Federal Reserve Bank _-- 13,974.68 10 Cash in vault and amount due from national banks -----------47,330.37 11. Amount due from State banks, bankers, and trust companies in the United Statses (other than included in Items 8, 9, and 10) ---496.62 12. Exchanges for clearing house-_------------3,35.29 Total of Items 9, 10, 11, 12, and 13------- $51,222.28 15. Redemption fund with U.S. Treasurer and due from U. S. Treasurer ---------- ---- ----------------..1,250.00 TOTAL ----------------------------------$448,272.53 LIABILITIES 17. Capital stock r'aid in --------------------------------------.$50.000,00 19. Undivided profits $10,244.69__________~_$10,244.69 c Less current expenses, interest, and taxes paid $4,480.84 5,763.85 20. Circulating notes outstanding -_-________-______ _---. 25,000.00 21. Amount due to Federal Reserve Bank (deferred credits) - 2,162.78 22. Amount due to national banks-------------------4,590.89 25. Cashier's checks outstanding . _~_~_~~~--__,819.74 Total of Items 21, 22, 23, 24, and 25 --------.$7,573.39 Demand deposits (other lan bank deposits) subject to Reserve (deposits payable within 30 days): 26. Individual deposits subject to check ---------------------192,486.00 Total of demand deposits (other than bank deposits) subject to Reserve, Items 26, 27, 28, 29, 30, and 31 ----.----------------$192,486.00 Time deposits subject to Reserve (payable after 30 days, or subject to 30 (lays or more notice, and postal savings): 32. Certificates of deposit (other than for money borrowed) -......27,921.71 Total of time deposits subject to Reserve, Items 32, 33, 34, and 35 ------------------$27,921.71 39. Bills payable (including all obligations representing money borrowed other than rediscounts) ------------------30,000.00 40. Notes and bills rediscounted, including acceptances of other banks and foreign bills of exchange or drafts sold with indorsement of this bank -----------------------9 4,527.58 TOTAL ---------------------------------------$448,272.53 STATE OF SOUTH CAROLINA, County of Clarendon,-ss: I, J. T. Stukes, Cashier of the above-named bank, do solemnly swear that. the above statement is true to the best of my knowledge and belief. J. T. STUKES, Cashier. Subscribed and sworn to before me this 19th day of September, 1922. "R. C. WELLS, Notary Public. CORRECT-ATTEST: W. C. DAVIS, A. C. BRADHAM, L. H. HARVIN, Directors. EAGLE "MIKADO" Pencil No. 174 For Sale at your Dealer Made in five grades ASK FOR THE YELLOW PENCIL WITH THE RED BAND EAGLE MIKADO EAGLE PENCIL COMPANY, NEW YORK I How the Bank Serves I the Farmer IYou, the Farmer, are America's greatest pro ducer of wealth. But , before~ YOU receive the money for your crops many months usually ela se. The crops must be soWn, must be fertilized, ti ed, reaped and SOLD! -The Balik, is your Friend because it helps to carry you over the weeks and months between planting and profiting seasons. It permits you to purchase seed, fertilizer, machinery, on credit. In times of stress it stands behind you and helps you weather the storm. Are YOU getting all the benefits which the bank offers farmers? . Learn how we can help YOU. Ask for full information from our officials. They will be pleased to tell you more about our service. H ome Bank & T rust Co. CHARLTON DuRANT, President T. M. WELLTA Cashier