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Sillutt Ijcvalii Sl'ifeMJUlPTlO.N - 92.50 Per Yr. Dillon, S. May 12, 1021. The announcement that the "worst is over" will be welcome newt to many Dillon county folk who have been groping in the dark since early last rail. In the last 30 days there has been a decided improvement in local conditions; money is getting easier and bank deposits, which have shown a steady decrease for the Past six months, are increasing. The general business tone is stronger, confidence is returning and money is beginning to clrouiate more freely. This change of conditions is not peculiar to Dillon county. It is manifesting itself all over the country, and boars out the prediction made some months ago by President Harding, of the Federal Reserve Board, that the pendulum would swing the other way in the early spring. An analysis of the bank statements as printed in the various state papers coming into The Heraln office reveals a decided improvement in the condition of the banks throughout the state, as compared with the statements printed under thc call of December 31, 1920. In many instances loans and discounts have decreased, deposits have increased and "cash on hand and due ov oanKs," wnicn declined to a very rarrow margin in the December call, shows a substantial gain. The bank is the barometer of business, and the showing made under the call of April 28th is good evidence that the country has weathered the storm and is on the roud to recovery. Whon a man lo^es his nerve he is "down and out," and as nations are made wp of men they, too, are down and out when they lose their nerve. I.oss of nerve is followed by lack of commence, ana lack of confidence is responsible for panics which are followed by industrial depression and business stagnation. Last fall when commodity prices took a slump the nation lost its nerve. The people were locking for better times and when the reaction set in it took them so completely by surprise they floundered about In a bewildered and dam founded sort of manner. With the loss of nerve there followed lack ol confidence, and before the business world realized it we were on the verge of a panic. In another column is printed a clipping from "Views and Interviews" of the Yorkville Enquirer which tells the story in simple language. The old darky had lost his nerve and his confidence in his bank wavered. He drew out his savings which he kept at home and when the expected didn't happen his confidence in his bank was restored. The old darkey's case is typical of thousands of cases throughout the United States. Millions of dollars were drawn out of the banks and every dollar that came out and went into hiding added fuel to the flame. Thousands of dollars were drawn out of Dillon county banks, and now that confidence has been restored they are finding their way back. Lack of confidence in banks is due to a lack of knowledge of the banking laws. Even when limes are panicky it is not only good judgment but the part of wisdom to keep your money in the banks. Depositors are preferred creditors. If a bank fails the depositors are paid first. If there is not sufficient money on hand to pay the depositors the capital stock is exhausted. If the capital stock is not sufficient the resources of the bank are turned into cash and the proceeds tilllli m._ vvivy^/v/mcui o. All &UQHIOQ j to these resources which can be drawn on to pay depositors the direc-! tors are liable for double the amount of stock they own, and as a rule the directors own a majority of the stock. Under present banking laws there is not one chance out a thousand for the depositors to lose in the event of a bank failure. CHARIXXPTE'S BIG IDEA. A company has been organized in Charlotte. There is nothing unusual about organizing a company, but there is something unusual about this company. It is developing a new field- It is a company with a capital of $100,000, and its purpose is to hold a "Made in the Carolinas Exposition" and show the people of the two states 2,000 made-at-home articles, many of which are being purchased from manufacturers in the north and west. ' The idea is original. The primary object is to show what the people of the Carolinas are doing, but the main object is to encourage consumers to keep their money at home. "It will be an eye-opener to everyone," nays the advance sheet, "for the 2,000 manufacturers of the Carolina* are manufacturing today practically every article made in America." This ta encouraging. If there were feu *t!1 there could be no good and i oat of all evil there comes some good. THE DILLON HERi The present period of industrial de- ' presslon through which the nation is passing is causing people to think along new lines. It is taking up the slack in the industrial world and as the people emerge from it they will develop new ideas that will make for a general and at the same time a more solid prosperity. Heretofore the "buy-at-home" slogan has been preached for the ben'efit of the farmer. He has been urged to produce foodstuffs on his farm and keep his money at home. In its l&st issue the Lancaster News reproduces in its editorial j columns, with timely comment, theli old story of the Southern farmer who "gets up at the alarm of an Illinois clock, buttons Massachusetts suspenders to Detroit overalls, and washes his face with Cincinnati soap in a Pennsylvania pan. He then sits down to a Grand Rapids table and eats Chicago meat and Indiana hominy, fried in Kansas lard, cooked on a Kalamazoo Range. He goes to his I stable and puts a New York bridle on a Kentucky mule, fed on Iowa corn; plows a farm covered by an Ohio mortgage with a Syracuse plow. When bedtime comes he reads a chapter from a Bible printed in Boston, says a prayer written in Je-i rusalem. Then crawls under a blan l<ot made in New England, only to!5 be kept awake by a South Carolina;' dog?the dog is the only home Pr?- * duct on the place. And then he won-u dors! He cannot see why he does not;f make money mising cotton." ji This is all veiy true, but the very t rrun who offer this advice should be]* the first to set the example in the!* I fi "buy-at-home" movement. We do not like to talk "shop" in(( our editorial columns, but we can-':c not resist the temptation this oppor-'i tunity offers to speak a word in be-jl half of the printing industry in the 1 Carolinas and by wav of illustration !' , , ! ( iu me ior greater^ cooperation between producer andl( consumer of home products. !l Fifty per cent of the printed mat- i tei used in the two states comes fiom the north and west. Ninety f per cent of the printing material usedi* in America is made by one concern^ and the northern and western print-'ers buy material and presses fromjc the same concern through which i southern printers make their pur- 1 chases. They use the same presses, f. the same type, the same material and turn out the same quality of J work at the same prices or probably j, a little cheaper than printing estab- c 1i. V A- j- * * * auiuenis in me larger cities where the overhead expense is so muchjs heavier, but therte are hundreds of * merchants and manufacturers all over 1 the two Carolinas who preach the . "buy-at-home" slogan to the farmer t and send their orders for commer- a cial printing hundreds of miles away a from home. i The economic loss to the two Caro- f linas from this one source alone runs s into hundreds of thousands of dollars^ every year. If this work were kept at ^ l.ome it would double the number of i printers and pressmen in the (wo t states and mean increased business I for merchant and manufacturer. The Herald was the first establish- ' ment in the state to print coupon bonds. We had been replacing the ( orders with a New York concern and j taking a small commission. Bonds \ are expensive and we decided to do ' the work at home. "You can't do if" ^ 1 our first customer told us. "We'll J show you," was our reply, "and If , the work is not as good in every par- i ticular as that of the New York con- ] corn the loss is ours." i When we went into the market to 1 buy the stock we found that the New ' York concern which made a "spec- \ laity" of the bond printing business j was buying its stock from the place we bought ours?a big establish- l ment in Chicago! Since then we have t saved thousands of dollars to South 1 Carolina. 1 Do merchants and manufacturers ' in the north and west buy their ( printing in the south? Not by a long < shot. They would laugh at the idea, < and the idea of the southern mer- < chant and manufacturer buying ' printing in the north and west would '' be equally as ludicrous if it were not ' a fact! I It's all very well to preach the i "buy-at-home" and "produce-at- 1 home" gospel for the benefit of the i farmer, but those who do the preach- 1 Ing should practice what they preach. j The "Buy-at-Home" exposition to ] b(. held at Charlotte is a great Idea, j I ft is along well-defined economic and 1 constructive lines. The printing In- 1 dustry is not the only industry in the J two Carolinas suffering from the t indifference or short-sightednesu of , our people. There are hundreds of i other struggling industries being throttled by their friends. t Here Is hoping the Charlotte Idea will be a success. Our merchants.; bankers, manufacturers and other " | leaders In thought and action are the * men who need awakening. -*1 -y** ? iLD, DILLON, SOUTH CAROLINA TKLLS OBJECTION TO MONEY; CROPS. (Continued from Page One) ook it over and sweetened his account at the bank. He made at home ;he stuff he lived on and what the rest of us lived on, and he traded jutter and eggs for his sugar and :offde and a load of wood or a bushel >r two of beets or peaches to he shoe maker for mending his dioes, and his money he salted down igainst the day when taxes were iue, or he wanted to buy a new wag>n or a grain drill or paint for his >ig red barn, or something of that tlnd, and by and by send the boy or 5iri 10 me Aiiegneny College or the' friendship University. They had good roads out In the| ownship, and they had a preacher at | heir church every Sunday, morning, md evening and good schools all j >ver their district, and we didn't have, i poor house in the county. But) ,hcy had no money crop. They had | ?ood houses and big red barns, filled o the roof with everything, and ipring houses with milk and butter) ind cellars with plunder that made; he table of the county home look ;ood. Some times an old farmer vould come into the office who did lot take our paper. If he told me ie had no money when I advised him .0 subscribe I always told him that; nade 110 difference to me. I would send him the paper and if he never) rot the money to pay I would forget ; ill about it and never ask him for it, md if he got the money some day 10 could come in and pay when he, elt like it. That always tickled them,md many a man I put on the roll that) vay, but I do not rbcall that a sin:le one failed to pay. We nev<?r ask?d any man to pay in advance, and tome of them did and some did not. + ^ 11 i-l 1?e *? UH..1 uu JJCiUl unuic Llieir ill."-( 'ounts had run very long, for they, ill had some money. These farmers irver had Very much. If they got a! it tie wad saved up they probably >ought some more land or a register-. >d bull, or a stump puller, or a set' if hair cloth furniture for the sitting [ oont, for we did not have parlors in| he country yet at that time, and j lair cloth furniture was still the clinax of luxurious furnishing. One of those old farmers sent one! )f his boys to Cornell University, and' ie was later governor of Idaho. An-J >tlier boy from one of the farms was, itate auditor of the state of Wash-( ngton and for three years mayor of ?cattle. Another is one of the big oil i nen of the neighborhood oil region. | Two of the young chaps now grown , fray, were in Califonia with their, vives on a pleasure jaunt when l! vas up that way last summer look-, ng around a bit. One of the girls Ij cnew years ago told me her cream heck the previous month was ovei i >150 at the ice cream factory where' he sellB it. Things are easier now ban in the earlier day. But still, hey have no money crop. You might say how much better t would be if they had. But I hink nnt For \ t In Arts ma i money crop makes everybody a ilave to that crop, and that results | u neglect of the crops my old time, prmer neighbors made for their own ubsistence, and of which they made nough to satisfy their own wants ( vith some to sell to the stores and ( o the neighbors. And after each far-, ner had supplied himself it did not( ake much of a money crop to allow um to have all the money his house-, icld needed and to put some away or the rainy day that makes the pro ! erb work right. The old farmer up ny way had no tenants, he had no ime-merchants to deal with, and I; lever knew what a time merchant is! intil I came to North Carolina. He! lad his boys and girls when theyi vere big enough to help, and he! orobably had a farm hand and a. 'hired girl" to help about the house, rork if conditions were such that. ie needed one and could pay her.! [Jut the family did most of the work, xnd it w*as not the same slavish work hat a money crop makes. They did, lot have as much money as a crop >f cotton brings when cotton brings irything, but they did not need it to, ?ay the cost of making the cotton. ; And T have a notion that if we had less rigid rule by the money crop in this state we would be better off. Every man who makes a money crop makes it in competition with all the others who are making that same J :rop, so ?*v?ry farm hand is work'ng In competition with the cheap labor' that is in many places the mainstay, of the monev cron nn/t fli? mn""? :rop pays only what It must pay ihpap labor to make the money crop, j ind all farmers working on that, money crop are working for that | same low wage which Is the basis of | the production of the money crop. And there is one of the grave trou-j tiles with the cotton country. We ire making a money crop that fixes prices by the lowest cost of mnklng' i cotton crop, and all who work on i cotton crop work for low wages., [n the long run we get this Idea iround to diversified farming, but dl. versified farming Is more than diversifying th* money crop. To really di-: irerslfy we must diversify to a subsis-, fence crop so that we can tell the, morey crop to go to Jericho. Until | ?e can do that the money crop will tot be a paying crop. iVANTFTD TO RENT STORK BUILD-' Ing in Dillon. Rent must be reas-, enable. Answer Box 255?5 12 3t.j 166 (hires Malaria, Chills and Fever, Bilious Fever. Oo'ds and IsOdppe, or money refunded. 6 IS tOt | * THURSDAY, MOR.NLNCi, MAY It, 1 WANT COLUMN Ml{. FARMER?Use n numbered order book for writing your orders to merchants. It leaves you a permanent record and it is easy to ctfeck up your account with the merchant. A safe and economical way of handling your farm affairs. They cuu be carried in the vest vut&ci. i ue cusi 's tsuittii. r or saie at The Herald Office.?5 5. ] We are proud of the confidence doc? ' tors, druggists and the public have in 066 Chill and Fever Tonic. ? 6 ia aot. TYPEWRITER RIBBONS ? Staf- 1 ford's superfine ribbons for Smith and Underwood typewriters. Herald Publishing Co.?3 24 Rub-My-Tism is a powerful antiseptic. Cures infected cuts, old sores, etc a ia aot. NOTICE?I AM AGENT FOR TBK Florence Steam Laundry and will receive and deliver all laundries as promptly as possible. Palace Market. i MR. FARMER?Use a numbered order book for writing your orders to merchants. It leaves you a permanent record and it is easy to check up your account with the merchant. A safe and ernnomicni way of handling your farm affairs. They can be carried in the vest pocket. The cost is small. For sale at The Herald Office.? 5 5. Kub-My-Tism is a great pain killer. Relieves pain and soreness, Rheuma-lism, Neuralgia, Sprains, Etc.? "> 12 20t. WANTED?Everybody to know tluitj 1 now have a full lino of machinery ^ and that I am in a better position j to give quick service than I have' ever been. All work guaranteed.! Electric Shoe Shop over Dillon Hotel, W. R. Summerall, Prop.? 1 20 tf. CROP AND CHATTEL MORTGAGES] titles to real estate, mortgages real estate, bills of sale, planters contracts, rent liens, claim and delivery papers for 6ale at The Herald office.?3 24. 666 quickly relieves Constipation, biliousness, loss of Appetite and Headaches, due to Torpid Liver. ?5 12 201. WANTED ?COUNTRY PEOPLE TO TRY OUR 75c. MEALS. PALMETTO CAFE, NEXT TO HERALD OFFICE?.tf. 1 ROP AND CHATTEL MORTGAGES titles to real estate, mortgages real estate, bills of sale, planters con- I tracts, rent liens, claim and delivery papers for sale at The Herald office.?3 24. FOR RENT OR LET OUT ON shares?Small farm of 12 or 15 acres in fine shape, also 150 acres of good pasture land. Any one interested apply to O. C. Hayes, Dillon, S. C.?5 12 ltp. MONUMENTS?We are builders and erectors of high grade monuments. All work of the best material and fully guaranteed. Prices reasonable. See us before placing your order. Lumberton Marble Works, J. H. Floyd, Prop., Lumberton, N. C.?2 24 52t. WANTED?Man with team or auto to sell our products in ihis county. Men and women for city saleswork also wanted. State whether you prefer city or country work. Mention this paper. McConnon & Co., Winona, Minnesota.?5 12 ltp. FOR SALE?lOO Bushels of Golden Dent Seed Corn, $2 per bushel in ear. Free from weevils. Best corn for late planting. H. C. Stanton, Dillon, S. C., R. 3?4 7 tf CROP AND CHATTEL MORTGAGES titles to real estate, mortgages real estate, bills of sale, planters contracts, rent liens, claim and delivery papers for sale at The Herald office.?3 24. ANTED ? To save yon money on your next winter's coal. Coal is bound to go higher in price and will be hard to get. With the railroad strike in prospect, it may be impossible to get it later at any price. We handle the very best grades of Domestic Coal. No Blate, and deliver 2000 pounds to the ton. Place your order with us today. Phones 14, 38 or 145. W. E. Caldwell & Son?4 21 tf. WANTED? A live agent for good Laundry, good commission. Write! aanitary Steam Laundry, J. CBrittingham, Mgr., Hamlet, N. C. ?4 28 4t ROOM FOR RENT OVER THE DIIjIon Pharmacy, next to the Bank of Dillon. Apply to Morris Fass. 6 5 tf MR. FARMER?Use a numbered order book for writing your orders to merchants. It leaves you a permanent record and it is easy to check up your account with the merchant. A safe and economical way of handling your farm affairs. They can be carried in the vest pocket. The cost is small. For sale at The Herald Office.?-5 5. FOR HALE?Brady Gasoline Filling pump, including tank and oil fixtures complete. Bargain for quick buyer. J. Earle Bethea.?5 5 2tp. EXPERIENCED STENOGRAPHER and bookkeeper would like a position in Dillon. Can begin June 1st. Address Stenographer, oare of The ? Herald.?-6 12 It ... .....?... ... 1981. TYPEWRITER RIBBONS ? Staf- I ford's superfine ribbons for Smith and Underwood typewriters. Herald Publishing Co.?3 24 REPORT OF THE THE FIRST JTAI in the State of South CaroHna at the i RESOUI Loans and discounts, including redisc Total Notes and bills rediscounted with Fed rorwjgn Dins oi exchange or drafts so dorsement of this bank, not showi d above Bank) other than bank acceptances sol Overdrafts Becured 189.68; unsecured Deposited to secure circulation All other U. S. Government securltle Total Other bonds, stocks, securities, etc. Banking house, furniture and fixture Real estate owned other than bankin Cash in vault Lawful reserve with Federal Reserve Net amounts due from national banks Net amounts due from banks, bankei companies in the U. S- (other th in Items 9, 10 or 11 Checks on other bankB in the same < as reporting bank (other than Hi Total of items 9. 10, 11. 12. 13 and Checks on banks located outside of c of reporting bank and other cosl Redemption fund with U. S. Treasurt from IT R Trooonroi Total LIABIL1 Capital stock paid in Surplus fund Undivided profits Less current expenses, interest and Circulating notes outstanding Cashier's checks on own bank outstai Totol of items 22, 22. 24, 25 and Individual deposits subject to check Dividends unpaid Certificates of deposit (other than for rowed Other time depsits, savings Bills payable with Federal Reserve 1 Total State of South Carolina, County of D I, J. R. Regan, Cashier of the al] that the above statement is true to tl Subscribed and sworn to before i W. A. i KNOWS AUTO See Him At Aft T ip-T o] Have you tried i try it, and see how > be with it. Fresh e^ DILLON i SEEEEEEEEEE E [ ] Safe Deposit B 1 Thousa 1 DO Ll HI 1 ST O a a EACH a ? rTThe only safe plac< a A ey and valuable ? Where it can't be ST( [*1 T OCT i_z_l J W k} 1 . IS When you keep vali SI your house, you take ? ous about them all the * Put your money in ? get it at any time anc ? when you sleep. Is is s a We invite your pati | FIRST NATIO gj DILLON, Sou 51 National Bank Pro 51 Savii . 1 ' 166 has more Imitations than any other Fever Tonic on the market, but no one wants Imitations. ? 5 la aot. CONDITION OF IIONAL BANK CTose of Business on April 28, 1921 ICES: :ounts $419,529.95 $419,529.96 eral Reserve Id with ina under item 227,138.04 d $192,391.91 I. $3,006.83 3,096.41 _ 12,500.00 s?t> y.iuu.oo 71.600.00 B 10.000.00 g~ "house 4,900.00 g nouse 20,000.00 Bank 6.114.87 , _ 16.698.47 rs~and "trust U.570.05 an included HtVoT Towi 8-808 15 tern 13) ||4JM I 14 45,425.60 ity or town i items 3.038.52 >r and due 625.00 SiesT ? ??i.m.44 $100,000,001 3,000.00 - 17,336.65 taxes paid? 12.706.12 4,630.J* P 11,100.0ft ?Jng 218.36 26 218.36 126.754.70 6,000.00 money bor 69,461.50 20,623.35 Bank__ 50,150.00 $391,938.44 illon, ss: >ove named bank, do solemnly swear be best of my knowledge and belief J. It. REGAN. Cashier, me this 7th day of May, 1921. BLIZZARD, Notary Public. Correct Attest: James McLell&n, R. S. Ropers, J. W. McKay, Directors. GENERATORS Dore's Garage p Bread I 4-0 TJ? 1 ? l: ii you nave not, I veil pleased you will I s- * 7ery morning at the |m MARKET I"*1 assaBSiEaaa ^ ? EB oxes For Rent gj \nds of | IS Ann is 4 /i A *3 51 LEN 1 a YEAR ffl IS a i to keep your mon- ? ss is in a BANK, m ?IT P\1 DITDMPn ? L/ijun, u u xvluu ur [ ] IS jables and money in ffl ( a big risk and nerv- ? ^ time. ffl our bank, you can 51 iyou will feel easy 51 * < ffl < ? < ffl ronage, [t i NAL BANK g ; ith Carolina [?] ^ tection For Your -IS , ngs ffl IS QB3IZICSI&ISISIZICSI&IZ > IS IS IS IS IS IS IS IS IS IX s *