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 .