University of South Carolina Libraries
Dillon Ijrralii SnMOBIPTlON - ta-SO Per ?;-. I KtMIloij. S. C.. March 10, 1021. f I federal authorities are tracing sevluial #1.000 bills given in payment1 |'f*r stolen liberty bonds, and if you : | hiffiit to bave one or ibore of these j 'I bills 1st your possession you should J rmporl It at once. | IB We havon't heard of anything "going up" for a long time. The "up" | poll on the h. c. 1. elevator seems to b? broke. 7t is said that the empty box cars ot the country, if placed end on end, would reach from Pittsburgh to San Francisco. The railroads must be learning that more than high freight rates are necessary to bring in money. Industry shows signs of slowly picking itself up and proceeding on its way. It may have to go on crutch?s>for awhile and then limp, but finally It will be able to walk. What did It? Well you will remember that in the first place a flivver knocked him down. Numbers of automobiles are again enroute from factories to distributing agencies. Many of the main highways aee them traveling in caravans ?vary few days. This method was learned by the auto companies during *J?e war, when there was a shortage ?T freight cars. Now, when there is a plentitude of freight cars, it is continued- It really save3 the companies some freight charges, the wear mnfl tear on the automobile, before Che "consumer" buys it, being paid to*' said "consumer." (No one "knows where the co-operaSive spirit among farmers will end. It Is under way, not only in the west, but also in the south and east, as Car as New Hampshire. North Dakota is the only state where the movejnent has been mixed with politics, the Non-Partisan League being fundamentally a political organization operated in conjunction with an econ. cunic principle. Because in that state these economic proinciples have been identified with politics has given ?fortfc "Dakota a great deal of natural .attention. "But in practically all other states east of the rockies the same ihrib ?anloo o * ? 1 ? * ~ - 1? Im > ? ate uetu( pUL 111 lorw, Dereft of politics, and in a different way Senator Smith, who is a member of the subcommittee of the committee on agriculture, has secured the consent of his committee to ascertain the amount of cotton actually on hand In the United States and also the grades of cotton held by mills, storage houses, etc. The committee will visit New York, New Orleans and other large cotton centres and take testlmouy, if necessary, that will en able the government to secure the most accurate figures. If this investigation goes far enough it will k-. ahow that several million bales of unapinnable cotton, including linters, are carried sver from year to year for which the producer receives no credit. In most instances the statist!who CUthATC thn /la# Q a ?wl molroe. the estimates on which millions of dollars are lost and won regards ; bale of cotton a^ a bale of cotton, and cotton of the unspinnahle variety counts just as much as that of the higher grades. This loose method of furnishing the world with information on one of its largest money crops has cost the producer millions of dollars Senator Smith is working along thfc right line. If he can succeed in getting the government to grade and classify the cotton held in storage he will have taken a good, stout club out of the hands of the man who operates on the bear side of the market. OTATE CONTROL VANISHING T*he Interstate Commerce Commission haH notified the South Carolina Railroad Commission that on and after March 21st inter-state railroad rate? will take effect in this state. In othee words the rate fixed by the State Railroad Commission in 3 cpnt? a mile; the rate fixed by the Interstate Commerce Commission is three and Mix-tenths cents per mileAttorney General Wolfe has taken an appeal from the order of the Interstate Commerce Commission, but the courts in the past have interpreted the powers conferred upon the Interstate Commerce Commission to mean that a state railroad commission Is absolutely subordinate to the higher be0y. This means that a state commission, elected by the people, is powerless to fix rates within its own state, which is just one more blow at state's rights. Am Senator Keyon pointed out th other day, the result is that rates go ap and people stop traveling. It takes the same crew, the Bame amount of fuel, the same number of hours to haul empty coaches, but when the railroads fail to make the money they oxpected to make from the increased rates they ask higher rates. Increased rates for passengers and U .JJI * > * 1w??ui. m aiming mei 10 me name. It leans decreased production and decreased production means less freight far tlie railroads to haul. The onl way to meet the situation it appears Am to divide industry into zones and lot the people in each zone live Mflf themselves, thus avoiding long feMdi of freight. THE Dl Analysis ot Prewnt Situation Causes Optimism. Barrett & Company, in announcements appearing in New York, Atlanta. Savannah and Macon, present this interesting q:iei>, "Have the factors that caused the decline in cotton from 48 to 13 cents spent their force or not?" Then follows an analysis of the situation in which some startling things are shown. Barrett & Company answer their own query in what we would term a conservatively optimistic, or bullish statement, whichever term one may prefer in which it is stated that "we believe the present situation gives the wise I investor a chance to buy spot cotton ui. uai^mu counter prices." j The factors of a constructive character which are beginning to arrest I themselves are as follows as stated I by this well known cotton firm| "Constructive policy of the new adI ministration. j "Reduction in Government expenditures already planned. Revised taxation methods and no excess profit tax. "Lower manufacturing costs through lower wt ges and more efficiency on the part of labor. Nothing could be more hopeful than the apparent willingness of labor to agree to a reasonable wage revision. "Demonstrated soundness of our banking situation. "Assurance of drastic curtailment of cotton acreage as well as reduction in the use of fertilizer, the effect of which will be felt about the time when the influence of the other factors become operative." The announcement of Barratt & Co. also goes on to say that the pessimistic news which is emanating I from Europe always occurs when supplies are large in America and small i in Europe and also that neither the i mills in Europe or the mills in America have any reserve stocks and that 'cotton is not nnlv call i -< ? * v. ? , ? .... Bv.iauf, uriun Hit I cost of production but below the levlei of prices existing before the great j war in Europe. It is really a startling fact tlvat middling cotton is below the price of July, 1914, low middling is off over three cents and good ordinary is off over five cents from the level of July of July 191. The Chronicle has for sometime contended that cotton is utterly and ridiculously low and that the remedy that the cotton farmer has is to stop | producing it. The world needs the cot[ton all right and, as Barrett & Co ( point out, there is no reserve stocks held by the mills, but the price hat I been hammered down, down until it has reached the point where it would {seem that any person looking for in , vestment could find no better one than buying spot cotton right now and holding it off the market- Southern selling, due to pressure of creditors on the holders of cotton, hat had a tendency to bear the market rej cently and it is a tragedy that some ; of the staple must be sold tho lew. est point it has reached during the year. However, we do not believe that the farmers will be forced to sacrifice a large amount of their crop because jof this pressure. Certainly we hope ! they will not. It would be be'tter to 1 hold the present crop and not plant 'any at all in 1921 and some farmers i may do this, though others will find I it impractical not to plant any at all , since thejr have sold out and still owe debts which must be paid, while many others who are holding find themseljves pushed by creditors and if they .sell the present crop, they will be able to pay only 50 to 60 per cent of their debts and they must make at least a small amount of cotton this year to procure money to make up the deficit. If the acreage is reduced one half, a*, we hope it will be, then a good price for the 19 21 crop is assured. Certainly no one will dispute the fact that in this section there will be the most drastic cut in the history for the lack of fertilizer, and the lack of money with which to finance a year's crop will act as a deterrent that cannot be overcome. The Chronicle has believed all along that towards planting time the price will improve considerably, and very greatly, if the determination to cut acreage is carried into effect. We are hopeful that a new administration and a new Federal Reserve Board will also help. If we are about to come out of the trouble, if we are on the eve of coming out of the slough of despond, then it would be a great pity if the farmers who have held cotton so long and who are sc sorely pressed may not receive the benefit of the general revival. To the farmer who has cotton and owes but little if any money, we would saj hold your present crop and buy an> cotton offered, if you can finance It i and plant none at all. In thiB way yov win give yourseir ana tbe south the most practical aid you can render. The South has been hit hard, but she will recover, is recovering ever bow, for when she directs her energies to the raising of food stuffs that will make her independent of the west she can indeed make cotton hei 1 surplus and her recovery will be I well under way.?Augusta Chronicle, 1 PROF. H. D. ROGERS OF MULLINS IS DEAD Greenville, March 2?Prof. S, D. Rogers, aged 25 of Mullins, S. C. assistant superintendent of Gaffney city schools, died at a hospital here yesterday after an illness of six weeke following an operation. He is survived by his widow, his parents, Mr. 'and Mrs- Jesse Rogers of Mullins, a uiunier, a. Li. Kogers of Mullins; two sisters. Mrs. Hattie Moody, of Mullins, and Miss Bessie Rogers of Columbia. He was a graduate of South Carolina university. o Card of Thanks. We want to express our sincere appreciation and thanks to all our friends who have been so kind and thoughtful of us l& our recent bereavement. Mrs. J. H. Berry and Family. (ft LLON nBAuTnajvON. wm a i i i t i I. I li i bmJmmmmrnmjJi? NOTM'B ' Services will be held at BeuLah Missionary Baptist church Meoday night, March 14th, and will continue until the 3rd Sunday. Services will be held at 7:00 p. m. each night. Public cordially invited. , By Pastor, F. W. Walters. FINAL DISCHARGE NOTICE. Notice is hereby given that Mrs. Amanda Watson, administratrix of the estate of Samuel Watson, deceased, has made application unto me for final discharge ?? administratrix and that Thursday, March 17th at 10 0 ciock in t^e forenoon hag been ap| pointed for the hearing of the said ' petition. All persons holding claims against the said estate are reapebted to file jthem with the admjfnstratrlx on or before 10 o'clocj^m the forenoon on March 17th, o^this notice will be plead in baa^f their recovery. JSOE CABELL DAVIS, Judge of Probate, 1 2 2\ Jr. Dillon County. NOTICE OF SALE. 'United States District Court for the Eastern District of South Carolina. . ! In the matter of j W. C. Parham In Bankruptcy Bankrupt. Under and by virtue of an order of I the aforesaid court I will sell at pub1 lie auction to the highest bidder for 'cash, in front of th$ store building I formerly occupied by \V. C. Parham; all of the personal nroperty belonging j to tfrasaid estate. A*he sale will com ImenceWlO o'clock in the forenoon ion Satunl^y, Mych 19th, 1921, and continue uimLaJ^ of the said property , is disposed on|L The said property consists of th/rtoWowing: 51 Bales ofMcoiioh^200 bushels of , corn, cottonseed outo^ive bales of .-..wu, r>|iiL'ciuu*i", ij^^wo norse wagons, 1 oie horse wagon^^stalk cutter, 1 hafrow, 1 reaped an<^h4n. der, 1 mowir, 1 Ford touring car/r . Ford Road/ter, 1 Cadillac touring car, 1 White truck, 1 Defiance truck, 5 sets of r'^ws. 1 four hundred dollar rent note, a lot of , notes and chattel mortgages. All [ open at cost. All household and r kitchen furniture, all stocks and ,! bonds. Also all of the stock of goods . consisting of: Hardware, dry goods, shoes, wagons, buggies, notions, also , all fixtures. Inventory can be seen at , the office of N. B. Hargrove. . It N. B. HARGROVE, Trustee 1 . IN THE SPRING YOUR , BLOOD NEEDS A TONIC. Winter Weakens Blood, Makes Faces Pale. Take Gude's Peptos Mnngatn. , THE BEST KNOWN BLOOD TONIC , Drowsy Spring Fever Feeling That Comeg from Sluggish Blood Will Soon Leave You. J As all growing things on earth , shoot into new life in Springtime, so do the billions of cells that make up 11 each part of the body renew their I vigor. Ac vnn u - ? i ? J --o ji/v^u me wuiuows, Dreatne , the Spring air, and let in the sunshine the re d corpuscles in your blood should carry moe oxygen to the tiny , The red corpwcles are tiny discshapped particle? swimming in enormous numbers 1 Jthe blood. The carry oxy?eff^*|?lM in all parts of the body, and the^i^ry away worn out waste matter. Spv^fiies, especially in tne spring, aflsr the^mter indoors and more or leA sickneskj-the red corpuscles thenAelves need rebuild, ing Gude's Peftto-Mangan contains , just the ingrelients to give them greater power #> absorb oxygen and i to distribute it mroughout the body. | Thfct is wh| it is such a good . Spring tonic. 1 It helps so much to bring back color to cheeks made pale and wan by the necessary indoor win\ ter life. It adds to the number of red corpulcles. With fine Spring days and Oude's Pepto-Mangan you gain in vigor and attain good healthDon't go around drowsy this spring. , Take that good tonic Gude's PeptoMaMngan. Tou can get it in tablet \ form or in liquid for mat your d*g\ gist's. Both fom have the same medicinal value. Insist upon genuine , Gude's Pepto-Mangan. ? Advertise , ment. 3 10 It. J NOTICE. I Notice is herebfc given that the r Spring Term of thevCourt of Common r Plea for Dillon Comity will begun to , be holden at Tft-e^ock A. M. in the i ivicuvun ua MonaaT, March the 21st, > 1921. SAM McLAURIN, t 3 3 3t. C. of C. Dillon Co. S. C. , Connecticut is establishing an lmj proved salmon hatchery at Madison . foi restocking eastern streams with t this valuahle fish. TOO LATE i Death onlya matter of short time. Don't wait tmt iy pains and aches become incuraMfe diseases. Avoid painful consea^^jces by taking GOLfMEDMThe world'* standard remedy for kidney, Uw, bladder and aric acid troubles?the National Remedy of Holland since 1606. Guaranteed. Three sixes, all draggisia. , Ud fee Ikij CaM IkJUNs er?r b*i I 11 1 I I ' " '.ll I 'ill' ' . , ' i Do you | know why itstoasted Tfimeal In the dMH|ous Bur ley tobacfcA flavor. luqky STRIKE CIGARETTE OP Z,*ZZZ-m Professional Cards. Surveying Drafting and Blue Printing W. M. ALLEN Dillon, S. C. Phone No. 112 L. II. HA3ELDEN Attorney at Law DILLON. 8. O. o03j to Lend on First Mortgag Real Estate. nK j n n?MT<u n? Dentist Office over Peoples Bank. DR. R. F. DARWIN Dentist Office Over Bank of Dillon JOE P. LANE Attomey-at-Ijaw Office Next to Bank of Dillon, Main St. Dillon. 8. < OTIS M. PAGE Civil Engineer DILLON, S. C. DR. R. M. BAILEY, Veterinarian Office at Dillon Live Stock Co's. Stables. Office Phone - 23 Residence Phone 8 C. HENSLEE, M. D. tiye, Ear, Nose and .Throat Spectacles Fitted. Office Hours 9 to 11 and Z ti 1 evening Hours by Appointment. GIBSON & MULLER, Attorneys-at-Law Office over Malcolm Mercantile C< DILLON, 8. C. Practice in State anH VoHopoI fmiri J. W. JOHNSOW Attorney-at-Law raetlee in State and Federal Cenxl Marlon, S. C. L. D. LIDE Attorney-at-Law MARION. S. C. \it .WiVi tn th \l ?r?"i?ri?ii! o( 1 j?i. RC^i^h." /f .< 7 *->/ rtiWUV/Ok/\iTTBB 3 /Mi r/ otbti itchlA Jiu?aici lj\ T?? a 11 aftt Sex It our rial Sold by Evans Phar?n<i\ There are 311,00 applications ft passports to the United States at pre ent oa file in Poland according to tt Commissioner of Immigration for tt port of New York. Ib Business Again I am in the market business again and to inform mWold customers that I am ready to serv<Njnem once more in t/i^vsame prompt and! effiS^jt manner with nhni^ cuts of meats. 1 am located nekt to the Palmetto I Hardware Co., andl you can phone me at No. 2. CITY MARKET W. P. 8ENSENEY, Prop. I I' ' '? ? Report of Cooi F?*H8T XAHOAAL BAN ill the state of South Carolina, at the CI Resource Loan* and discounts, in eluding rediscoun Total loans , ? Notes and bills redisco'unted with Federi bank -- ? ? x- ?$1 Foreign bills of exchange or drafts sold dorseinent of this bank ? Overdrafts, secured $4181-72.; unsecured Deposited to secure circulation ? ? Pledged as collateral for state or other or bills payable ?. ? ? Owned and unpledged ? Total 13. S. Government securities Bonds and securities (other than U. S. a pledged as collateral for state or other (postal excluded) or bills payable Total bonds, securities, etc, other tha Stock of Federal Reserve Bank Furniture and Fixtures Real estate owned other than banking ho Lawful reserve with Federal Reserve Bs Cash in vault and net .amounts due fron banks Net amounts due from banks, bankers, i companies in the United States < Checks on other banks in the saftne city i reporting bank / ? - ? ? iuiui ol neuis 12, 13, 14, 15, 16 L. Checks on banks locat^outside of citw < reporting bank and owicash item! . Redemption fund with U. S^TreasuAr from U. S. Treasurer Total jL. fllflw Capital stock paid in ? ? ? L- V Surplus fund ? ? -J? -J __ Undivided profits ? ? i Less current expenses, interest aid taj Circulating notes outstanding ? I Cashier'3 checks on own bank oatstandl Total of items 28, 29, 30, 31,ff32? _ Individual deposit^ subject to cbpck Dividends unpaid _ I Total of demand deposits /? ? _ Certificates of deposit ?L- ? ? Other time deposits, savings ? _ Total of time deposits subject to reserv Ilills payable with Federal Reserve B: Total Liabilities for rediscount with Federal bank Total contingent liabilities State of South Carolina, County of Dillc 1, It. S. Rogers, President of the ab _ that the above statement is true to the t Subscribed and sworn to before me JNO. C. BE Correct **?????? ??a?Mils TOWN OF DILLON, ? TOWN C Comparative Statement of F ASSJETS Cash on hand Uncollected Taxes 1916 1917 1918 1919 1920 Uncollected paving assessments Unpaid Licenses Unaccounted for Taxes Returned Checks Due by W. L. & B. Com. 5 Unearned interest on notes _ Street equipment ? Main Street Paving Petty Cash Total Asset* / x- , LIABILITIES Bills Payable ? Returned Checks Bond Interest, Sinking Fund K0. Total L/iahllSlAo ts DEFICIT 4-10-1919 - SURPLUS 12-31-19 20' Comi>acitl?e Statement of G j REVENUE _ Advalorem Taxes V Licenses , \ Dog Tax \ \ Street Tax /\ Fines V _ Live Stock ^ A Board of Health I Hog Impounding jL Total Revenife / * Expenditures J x Fire Department / i ' ^ t wchci at uovernment Police Department / Sanitary Department f ? Street Department ?r a. Total Kxpendltiftres \e , ie Excess of Revenue sum ? 1!>19 Operations 4-1019 to 12-31-19 1920 Operations 1- 1-20 to 10-31-20 Deficit from last period 4-10-1919 Taxes charged off Nulla Bona DECEMBER 31. 19110 SURPLUS ' I mjm mm rorgei t aat we have a large kindp of Belting, Pipe, Valvee, Fitti lryh and Hangers, Bolts, Nuts an you may nee?l in the way of macl prices. Try us. "" Columbia p 823 W. Gervaisr 5 - L. iB TO IH ' tftion of " K. RtOttfMi, 8. C., -v f. . lose of Business on Mnroii 8, 1891 ?'? IW UTfJf) ta $425,766.16 - ->$425,766.16 eiI Reserve 94,047.78 with in 194,047.78 231.718.38 $4664 39 8,846.11 12,500.00 deposits , 59,000.00 100.00. 0 71,600.00 k ? lecuritiea) W deposits - -- 6.900.00 n U. S.__ 6,900.00 3,100.00 "use" 4,900.00 mk 20.000.00 a national 6,879.71 P~ trust 16,236.03 >r Town" as " 23.277.74 626 07 >r town or and due 2,341.57 ~ 626.00 e?: $380,188.51 ~ $100,000.00 MM.M 3 000 00 [V ??'<"- 6.398.57 2.102,74 ina _ 12,100-00 A 538.98 "?A?? 538.98 V 110,581.57 ~ ~r ,44. 6.000.00 _ ? < 74,239.75 21,475.47 e 95.715.22 ink 50,150.00 $380,188.51 w*. I Reserve T / 194,047.78 194,047.78 ?n_, S8: ? ?ove-nanied bank do solemnly swear >(*5t of my knowledge and belief. R. S- ROGERS. President, this 8th day of March, 1921. ITHEA, JR., Notary Public. -Attest:? JNO. C. BETHEA, A. B. JORDAN, JAMES McLELLAN, Directors. OUTH CAROLINA, OUNCHJ Xnanelal Statement4-10-1919 12-31-1920 % 1,089.32 $ 3,354.16 100.000 300.00 600.00 236.38 7,106.95 6,929.64 8.90 38.49 46.50 3,353.46 3,353-46. 541.65 4,174.81 16,104.04 25.00 $ 6,077.42 $41,284 24 $10,500.00 $ 7,000.00 100.00 11,094.56 $10,500.00 $18,194.56 ~ $ 4,422-58 $23,089.78 l?'-rume and Expenditures. 4-11-1919 1- 1-1920 / 12-31-1919 12-31-1920 $15,061.39 $17,638.62 4,342.33 4,268.03 65.00 251.50 390.00 857.40 2,379.00 5,405.40 50.00 159-87 6.50 V 622,447.59 $28,427.45 ^ $ 50.15 $ 593.88 * 2,521.50 2,799.81 1,607.81 3,460.00 610.10 901.87 3,701.60 6,958.82 $ 8,49116 $14,714.38 $13,956.43 $13,713.07 .liu $13,956.43 13,713.07 $27,669.50 $ 4,422.58 157.14 4,579.72 $23,0&.78 I Ings, Iron, Steel, Shafting, Jul- I d; Washers and anything else fci?- I upply Co. I >t. Columbia,S.C. I E HERALD $2.50 .