Historical Newspapers of South Carolina

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THE CUNTON CHRONICLE. CUNTON, 8. C- THDHSDAY, AUGUST 2S, IM< For Sale A KELLERS DRUG STORE CENOL AGENCY J. B. FRONTIS D.E. TREBLE CO. CLINTON, S. C. UNDERTAKERS & LICENSED EMBALMERS AD Calls Promptly Attended To Day or Night ALL MOTOR EQUIPMENT Day Phone 94 Night Phone 205 or COTTON PROSPECT LOOKS LIKE LESS Coal! DIXIE GEM Three Hundred Seventy Thousand Bale Drop Within Two Weeks, Accord ing To Government Forecast. Washington, Aug. 23.—A decreai ' 373,000 bales in the prospects production of 15,248,00 AND CLINCHFIELD season are as unfavorable „ 1921-22-23, a production o 14,800,000 bales might be expected, Dixie Ice & Fuel Co Clinton, S. C. 6 6 6 SEABOARD hens-Atlanta 11:30 a. r m NORTH and EAST iw York-Wash. 5:50 p. Nervous hot flashes "COME time ago when in < ^ very nervous, run-dow: going, but I could not I wai weak and tired—just no gooc at all My back ached and : "I couldn’t sleep never hungry, and I kept get ting weaker. I couldn’t ‘ ’ on my feet This was i was a good suggestion, after taking one bottle I ct tall I was stronger and better. I didst quit l kept it up aU through the change and did VOTE FOR COUNTY-WIDE GOOD ROADS BONDS TO SAVE TAXES By J. F. JACOBS Usually the voting of bonds upon a county involves an ^nwease °f^ the $500,000 bond issue to be voted on at the Democratic primary, August 31, exactly the opposite is the case. Vot ing the bonds will prevent the in crease of taxes on personal property and real estate. The reason fo» this is that $115,000 of the proceeds of the bonds will be used to retire a^sim- bonds are not issued the county notes cannot be retired with the proceeds of bond sales, and the interest on the county notes and on their renewals will have^to be covered by increased' assessment on real esUte and per sonal property. $115,000 at 5 per cent requires $5,750.00 a year inter est. The notes will be retired by re- fifteen years—larger at the outset and reducing year by year. If bonds are voted, however, these notes will be retired with proceeds from the bonds, while the interest on the bonds will not he assessed upon personal property and real estate, but will be paid out of the gas tax already existing, so that voting for the bonds is not only voting for county-wide good roads, but also voting against an increase of the tax assessmept, to meet inferest on road notes. It will be interesting to know the reaction of those who are constitu tionally opposed to voting bonds, when they find that! failure to vote the bonds will actual^’involve increase of personal property and real estate tax es, while the voting of the bonds will avoid the increase. However, these are the terms of the bill on which we ere to vote, and the extreme re-action ary should therefore join with the ex treme progressive in voting for the bonds, as the bonds will not only give county-wide’good roads, hut will also prevent any addition to taxes to meet the $115,000 of road notes already out- Department through a period of six teen years, during whkh time the ac crued interest on this $115,000 of notes will be $46,000.00, estimating at 5 per cent. $46,000.00 is equivalent to something more than four and one- half mills of additional taxation, which would be distributed over the DR. ELIOT DIES AT MAINE HOME Funeral services wiUJ>eheld in the pleton Chapel at Harvard University, the period, the cr stated. Too mu ts of the belt caui it state than August ) ig the late start so to the report. The heaviest decline in com /as in Oklahoma and.Texas, 12 12 pointe respectively. No c‘ The A 6 crop condition of Virginia 65, North Carolina 73, )uth Carolina 53, Georgia 56, Flor ida 70, Missouri 74, Tennessee 70, Ala- 35, Mississippi 67, Louisiana 64, 61, Oklahoma 66, Arkansas [exico 86, Arixona 83, Califor II other states 79. Lower C The board in commenting on > boll weevil is rapidly in many sections, with the possi- jf material damage because of e also doing a great amount of dan re and serious losses are reported 1 lly from root rot which is unusual Ashdown, Ark.—The banks of Ash- Northeast Harbor, Maine, Aug. 22. -Dr. Charles W. Eliot, president- meritus of Harvard, died at his suhi- er and had been confined t use of late. He had spent his srs at Northeast Harbor since the rly eighties. The end came i his 75th year, held the office long- than the combined terms of his five predecessors—Hill, Felton, Walker, f Samuel A Eliot, stood ara^njTtl w in the days when college clews the former that a( the age of . -four he became a professor ' chemistry at Harvard, in preferer rs offered him the highest post at his own insistence, he saw ty of the reforms which he h ’ * duced adopted throughout the The educational reforms which he ie board of directors of i written test as su the universities in th$ many of the high schools nave a ce duced in the future, unices the appli- 1 tain latitude in their choke of studie *’ ‘ t of compulsory religio the institution of Introducing The New Light Six —with refined 7-bearing crankshaft motor and an array of outstanding new attrac tions. Now on display. Come view it. J. K. HATTON “On the Square” CLINTON, S. C. Ability To Pay Should Be The Basis Of All Taxation es of property are able to pay considering the unprofitable condition of a< it be afforded THIS RELIEF CAN COME ONLY THROUGH TAXING THE MILLIONS OF DOLLARS IN INTAN- ERTY NOW ESCAPING TAXATION. This intangible property is revenue-producing and is able to pay, but because of the Constitutional provision that aU propeVty shall be taxed on an equal basis according to its value, and because intangibles cannot pay on the same basis as real property and survive, it enjoys exemption. . This condition must be remedied if this State shall arrive at that basis of equity and justice that every dollar of wealth shall he required to bear its proper share of the tax burden and no form of wealth shall be h is essential to the well-being of the o' >f farm h tutional defects. We must strike at the root of- the trouble. It cannot be brought about by tax expedients, which are only superficial and do not get at the root of the trouble. CONSTITUTIONAL REVISION IS ESSENTIAL TO TAX REFORM.' It is a simple matter. Changes in the State’s basic law, which I advocate, will make possible, through the taxation of intangible property—mortgages, stocks and bonds er classes of property are paying on It will add to the St hurtful to business and operating, as sales taxes inevitably must operate, to injure the State by turning ly the outside capital which South Carolina needs for its proper industrial ’ As a matter of justice and equity, why should 310,000 invested in (whkh is wealth) bear no part of the coat of WHY SHOULD REAL PROPERTY BE REQUIRED TO CARRY THE WHOLE BURDEN? More than $4M,00MM of wealth in tangible property is now escaping taxation in Sooth Carolina. Classification of property for taxation, which is the remedy I offer and the only suggestion advanced by iy candidate for Governor which strikes at the root of the trouble, will place this $400,000,000 of wealth now joying exemption, on the tax books at a fair and just rate whkh it is able to pay, and afford relief to other asses of tax-payers in proportion to the millions in revenue whkh will thus be added to the revenues of the The re L C BLACKWOOD ; Candidate For Governor ■*? -I