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P r- • THE CHRONICLE • • S • Strives To Be a Clean News- • • S • paper, Complete, Newsy, • • and Reliable.. • ®hr Ollinintt (dlfrnntrlr • • • If You Don’t Read • • # :• THE CHRONICLE # • • • • You Don’t Get • • • • • The News. • • • • • # VOLUME XXXI CLINTON. S. C., THURSDAY, FEBRUARY 19, 1931 NUMBER 8 tJ PROTEST TAX ON WATER POWER LOAN MEASURE 1 EASILY PASSES His Policies Are SliU Sound House Approves By OverwhelminR Vote Veterans’ Loan Measure. l)em(>crats for Enartmennt. House Committee Hears Testi mony Against Measure That Opponents Claim Will Throttle' Washinprton, Feb. it>. ~ strikina: Future Developments In State, hard at administration opposition, the Coiumbia, Feb. 17.—Passage of a bill to tax hydro-electric ower was pic-; to 39. House today passed the veterans’ loan bill by the overwhelming vote of 3r>3 tured by representatives of power It provides for an increase from companies as one that would stop fu- 22 1-2 to .'iO per cent in the loan val- ture water power development in ue of the adjusted compensation cer- South Carolina as well as create a tificates which were approved by the barrier against industries planning to house, 355 to 54, in 1924. enter the state. .\mid dramatic intensity, the tneas- I In a hearing held by the hou e ways! ^as sent to the .senate within an i and means committee, spokesmen for, hour after Speaker I.ongworth open-i practically every type of power com-jed the way for consideration. It car- pany in the state united in attacking ried with it more than enough votes the bill w’ritten by which would place the committee, a <‘tax of five- to override a presidential veto. Simi lar quick action is expected in the tenths of one mill upon each kilowatt: other branch. I hour of hydro-electric power gener'- ated in the state. “If this tax goes on,” said T. C. Williams of Columbia, “the Santee --canal jytU_jao.UJ;teJ>juiU/lMn_\\JBia^^ who a ppeaTi^^^FTfiFT>e57ny^^^^fw^ ter Power company and the Santee | rnenrbers balloted after 40 minutes of With their leadership split, less than two Score old line Republicans rallied behind Leader Tilson and Chairman Hawley of the House ways ! and means committee. . 1 stand why the treasury should not ap-j prove the bill after conceding it was j the best of all suggested. He preilict- necessarv’ canal, said also if the bill passed “com mon stock of the Lexington Water Power company would not be worth the paper it is written on.” The company handles power gen erated by the huge Saluda dam devel opment, recently opentnl near Colum bia. He explained the company had al ready entered 50-year contracts to furnish power and could not ”pa.=(s the tax on.” "If this bill had been introduced in 1927, the development would have never been proceede<l with,” he said. W. S. la'e, vice-president and chief engineer of the Duke Power company, protestt*d the bill. J. H. Marion of Charlotte, former associate justice of the South Carolina supreme court, said there “has been no more danger ous tax propixsal in South Carolina -than this tax. He is an attorney ^ond issue would be the Duke company. I finance the loans. Representing cotton mills, T. Frank Watkins of Anderson, said it meant “another tax” on cotton mills. esi)ec- lally those who generated their own power. Foimer Senator .\r.hur Young of Charleston, repre.senting the South Carolina Power company, directed presentation of the power company’s testimony. No other hearing is plan-1 ned now on the bill, which it is esti-j mated would yield $S00,0U0 revenue j annually. W. ('. Mcla*an, Columbia, counsel' for the Lexington Water Power com pany, said the proposed tax cieated| “the darkest hour the company has j faced.” He explained that the con>-> of thp home for disabled pajiy had already made 50-year con- .soldiers to cost 52,800,000. tracts for its power at a fixed rite,. which could not be raised, and, that if, tlM* tax were placed “the company won’t be able to pay taxes, let alone care for depreciation or pay divi- j dends.” i l “It may mean that the Lexington Water Power compan.,' may not be tble to continue operation,” he as-ert-i CTl. • Mr. .McLean sa’d that as a result of] I debate. I i M ore than 400 of 435 memlHirs were ' ; present. Under the procedure, the bill , ; had to receive a two-thirds vote for passage. Speaker Longworth swung 212 Re publican votes for the measure against the warning of Secretary Mellon that the treasury would have difficulty in financing it. .Minority Ia>ader (Jarner j mustered his forces solidly with 150' votes for the bill and the Farm-I.aborj member- K\ale, of Minnesot-a—added’ his to make the total. I Representative Hacharach, Repub- | _ lican. New Jersey, proponent of the measure, led the advocates with the v^U 1 IIN i 1 UIN statement that he could not under- ! ACREACE URGED SOLONS BEGIN SIXTH WEEK General As.senibly Busy Consid ering: Plans To Rai.se Revenue. Appropriation Kill May Not He Offered for Two Weeks. Columbia, Feb.‘ 17.— Revertues and appropriations were the primary sub jects of interest with the general a^- sembly as it opened its sixth week to day, but both these topics were con fined to committws. u’i did not gel to the legislative floors for open di.s- cus.sion. I The revenue measures offered last week by the ways and mean.s commit- 1 tee were promptly referred liack to ! that committee for the jiurpose of conducting hearings, and the first of these was held this afternoon when representatives of electric power com panies appeared in opposition to th.? proposal to levy u tax of half a mill per kilowatt hour, estimated to yield about $800,090 a year to the state. The ways and mean.s committee held a meeting,tonight am! will probably r,-- STOCKS PUSHED SONG SERVICE TO NEW LEVEIaSi NEXT SUNDAY the i thel Gainer wound up the debate for the measure with the as.sertion that “the only argument against this hill is the argument of the secretary of the treasury.” Five members spoke again.st proposal. They warned agafnst difficulties of financing it. Shortly after the shouting cheered the passage had died, house passed without a record and sent to the senate the Rogers bill to authorize a $12,500,000 expansion of the veterans hospital facilities. Treadway was the only person voicing opposition. It >il.so passed and sent to the .senate a-l^fll authorizing expansion volunteer Farm Board Chairman SpeakK In Ra leigh. Saya Bmall Crop Will Yield Better Financial Returns. Raleigr., .\’. C., Feb. 13.-:A 10,000,- (H)O-bale cotton crop this year would Bulls Again Take Charge On Ex change and Run Prices Up ICapid- ly. Declines Wiped Out. New York, Feb. 10.—Bulls boosted the stock market up a ft*w niore pegs leave growers $432,IKM),000 better off today, having regained their wdnd in than a 14,000,000 crop, in the opinion of Chairman I>egge of the farm board. In an address before the Raleigh handler of commerce Friday night. the quiet trading of late last week. A wi<le assortment of industrials, rails and utilities made substantial progress, and gains of $1 to $4 a .share Young People's Choir of Orphanage To Present Special Program At 3:30 P. M. Public Invited. tomorn.'W so that it can be placed on the calendar for action during the week. Hearings on other revenue mea.A- ures, including the insurance ;ax '4 and the commercial motor vehicle ta will probably be held during th.'t week. The ways and means committeo h is >et to leport an appropriation bill ro the hou.se, and the exjiectat:on now s tlial this measure will not lie reiiort- ed for a week or tw’o. Chain.lan Xe*- ille Bennett of the committee said I - (lay it wa.s his idea that the apiiropv- ation bill shoukl n,)t be reported uir i the hou.se had opportunity to jiass u - on the proposed revenue jirogram. - ) that an indication may be had of t .* amount of revenue that will be ava - able for exjienditures this year. 1 he committee does not wish to s e a .schedule^of appropriations adopted in excess of Ihe revenues, said M . Bennett in a conversation today, “a’ 1 A s{M‘ciaI song service by the young jj, therefore inclined to wait to i Legge stronglyMirged reduction of thejweie numerous. Some of the more er- th^ti cotton product. His speech, in which ratic issues were shiried up $5 to $8, brief reference was made also to “a and Auburn was again a maiket sen- burdensome surplus” in flue-cured to-; sation, rushing up $20.50 t(h-$200.50, bacco, was heard by Irov. O. .Max i erossing the 200-mark for the first vole Cross Hill Man Dies Of Pneumonia (Jardner and assembiy. ! In the fir.st plate, la-gge saitl, a I $10,000,000-l)ale cotton crop woultl I liring $232,000,000 more than a M,- 1000,000-bale crop. He said this esti- I mate was based tm conclusiors reach- ' »*d by a score of large cotton dealers. I .\(i(led to this increased revenue, the I fai 'ii board head saitl, should Ik* an es- ! timated saving of ! cost of producing members of the general time in nearly a year. The' steel issues as a group maile suli.stantial upwartl progress, but mo tors, coppers and oils failed to get ahead notably. Tiatling was maintain ed in fair volume, according to lil3I standards, although the day’s slock exchange Iran.sfers of 3,200,(100 shares were only two-thirds as large as those (,f last Tuesday. $20,000,000 in the* The advance more than wiped out the smaller crops the decline of Friday and Saturday. and as mea.sured by the jirice index of 90 representative i.ssues, the general [irice level was pushed slightly almve that of last Wedne.sday to another new high jieak'since ()ctr»l)er. now from the property than they re-j at once, from w'hich .sickness he never , — ! compared with the larger one. ( ross Hill, I'tb. 9. Mr. Joe Daven-. "i total gain, he estimated, would port, 82, a farmer who lived three amount to more than .*200 apiece for miles below Cross Hill, died early Sun-{the 2,000,000 cotton growers of the day night after only a few days’ ill-1 South. ness C.S pneumonia. Karly last w'eek ' P:xplaining that the carry-over atj —. he went to the f.eld and plowed half | the beginning of the new crop year Aclviscd be between 8,500,000 and 9,- 000,000 hales, I><-gge said “it seems tile development counties and the sute, the day. At night he was taken with j would were getting over 10 time.s the taxes j g severe chill, pneumonia developing Against New Contracts Power companie.s m, hut continued he continued, are , until the end. ceived formerly. South Carolina, taxt-d 11 and 3-10 of their gross reve nue in all taxes, while the composite or average in several other state.s named by him was 2 and 7-10| of the gross revenue. The next .speaker, Mr. Williams, bsked, “is it goi d judgment to put on a tax that will forever blot out other water power developments in the st.ate ?” “In the last two and a half years,” he continued, “more than $500,000 har been spent on the Santee canal pro ject. If this tax goes on, the Santee canal will not be built.” He mentioned .South Carolina’s undeveloped water power resources. “YouHl get revenue this year by this lax,” the power man said, “until ■we are all bankrupt. Won’t you get more by n»‘imitting these develop ments?” “Columbia is in better shape than any town its size in the South today ” rather conclu.sive to grow worse j ness policy for that the sound bu.si- 1931 would he a suf- Mr. Davenp lit w'as a good citizen, a member of the Bapti.-t (hurch, and leaves a host of relatives and friends who mourn his passing. Ifp i.s survived by his widow, by one brother, John A. Davenport, by three half-brothers, T. J., and J. \\\ Daven port of Newberry, and C. S. Daven port of W'arrenton, Ga.; abso by three ficient curtailment of production to permit the consuming demand to make a material reduction in the .stock on hand.” He asserted another h’g crop in 1931 would inevitably result in a stili j lower price fo^ cotton. Discussing the tobacco situation briefly, I^gge said it appi-ared also that a burdensome surplus is being C. F. Brtioks, county supei int<-n«lcnt of edut ation, has issuini a circular Ii‘t- ter to .schr)oI trustees in the county advising them against making con tracts with teaclier.s for next yeai pending ac'ion on school lawsihy the legislature. .Mr. Briioks advired tlie trustees that in case of a redu. tion in teachi r.s’ salaries or an increa-ie in the teacher load any exce.ss of the state .schedule would have to he taken care people’s choir of the Thornwell or phanage, will he presented next .Sun day afternoon at 3:30 o’clock in the Thornwell Memorial church to which the public is cordially invited. ('. A. Mellvain is in charge of the service !as director, with Mis.s Kleanor Keebs as accompani.st. The following jiro- gram will he jire.sented: Hymn .No. 127, Fisc-her -(Congrega tion. Scripture Lesson Mr. Bowles. ! Hymn No.' 122, Lowry—Uongrega- tion. 1‘rayer -.Mr. Bowles. ' Hymn No. 105, .Swoney- Congrega tion. “O. My Soul. Bless Thou Jehovah,” I 103rd I’salm, ananged by Herbert; “Me is Mine,” Hall -Choir. ‘.My .Anchor Molds, Towner-.Mes- sr.s. I’inson, Smith, Lynn - and Mell- . vain. ' IloiHe Tliat .Stood the Storm,” Mmhert; “The Kverlasting Father,” Gahrip! Choir. ‘‘R(Kk of .Ages,” Kemie—.Mr. .Mcll- vjiin. “1 Heard the i K'lthhnn Choir. Short Talk .Mr. Hymn .No. 130, • ion. Bern (betion. Voice of Jesus Say,’ Bowles. 'romer (,'ongrega- Habson Expert Says im Is Year Of Opportunity what the house does about revenue proposals before making a reco - mendation as to the expenditures f . the year.” Revenues for this year from all ex isting sources have been estimated 'y tlie tax commission to amount to about nine and a half million dolla -. If the house will not adopt any a - (lilional revenues, it is tin* plan of t'i ’ committee to bring out an appropi - .ition hill totaling no in-ore than tl’ < tigure, hut if any of the reven ■ measures are adopted, it exjiects t' recommend e’xiienditures of a largvv total. Under that piogram. it will necessary for the house to lake some action on the revenue measure before it may expect to have tin* appropr- ation hdl pre.sented to it liy the co - mitlee. 'I'his is a rather unusual si‘ u- ation, since heretofore the approp - ' ation hill has come out wTdin a f ! weeks after the opening of the Sf- sion, ti) lie foih.wed l»y reveruu* p: - I pu.«als. But there has i)een complai" ;n the legislatui’c in recent yeais uv • this praet'.ci*, and the view has he i je.vpjessed that the legrislatnre shou : I know hew mia h it na.i to sjiend liefe e j.'ixi'nding it. .And that, it now ajipea* , ' will he the program l.) be follow this year. 'I he committee i.- de.erm - c<l to do all in its pow.'r t) a'coid creasing the deficit ard for that rt - . un wbshes to he sure to recoinnv ’ t XjK odil'Ji(‘s no greater ;ha:i the e - ; ect I revenue income for .he y(*ar. half-.sisters, .Mrs. \V. C. Cunningham, 1 created in flue-cured tobacco. He sug- of by th<* imiividual district. Mrs. W. P. Montjoy of Clinton, and Mrs. M. D. Smith. Funeral services were held at Liber- ge'.sted that .since “from (55 to 80 per tent of this kind of tobacco is grown in North Carolina,” the necessary pro- ty Springs church Monday afternoon, tduction adjustment rests largely in Local Delegation To Chattanooga Jed by his pastor, Rev. E. M. Bostick, and interment made in the church yard. the hands of the growers of this state, j Local Hi Boys To Attend Banquet Kiwanians To Hear i Well Known Poet Dr. L. R. Lynn, president of Thorn- _ . Sween, head of Presbyterian college,; j^^undation for fut I.ake Wales, Fla., I'eh. 17. 'ITus year will go down in history as one of “unusual oiiporturiity,’ Ralph B. Wilson, vice-president of th<* Bahson statistical organization, t(dd delegates at the fourth annual scenic highlands business conf<“renee here today. “Thi.s year,” he said, “offers the* greatest busine.ss, investment and oth er oppoi tunities since J893. “Present conditions are laying the ure fortunes. Peo- Bonham Sworn In a\s Associate Justice Columbia, Fel). 17. .Iiul;^r* M. L. Bonham of Ander.son, was sworn In t'aiay as associate justice of t .e South Carolina supreme court. He succeeds Fugene .S. Blease, who was made chief justice. - The ceremony was performed in t.'ie supreme court consultation chamber be lore a group of legislators, mem- well orphanage, and Dr, John Mc-ipj^ are'heginning to think in terms of' friends of Judge left Monday morning for Chattanooga, opportunities rather Tenn., where they are spending the; terms of old troubles.” than in Bonham. M. B. Cmak, .operintendent of Missions held under the auspices More than 100 vocational agricul- Mr. Williams claimed, as a result ofiture students, their teachers, and the Saluda dam development^ “There!guests will attend the “Bale-an-Ace” Kiwanis club this evening at its regular meeting at Hotel Clinton. Prof. Camaic is well known as a poet is less unemployment here. Why? AV’e banquet to be held for 10 Piedmont'*>^1 entertainer and has appeared for (Several years on chautauqua spent over $4,000,000 for land gave employment to hundreds.” and counties in Greenville at the Bun combe Street Methodist church Friday (grams Uurens! The banquet is given by the Chilean with cordial interest-by the member stop part M. L. Wallace, operator of rural afternoon at one o’clock, lines serving farmers in county, said “this tax will rural electrification in our the county.” He said the company j have made one bale of cotton or more p ^ B0X6r WlllS Ware Shoals school, will address the n x. ^ ■ i .i -■ 7*30 at'®^ Southern Presbyterian church. years. The trip was jnade by automobile. Messrs. “Red” Wyatt, Jimmie Ken nedy, Bill White, Robert Lynn and Powell Freeman, P. C. students, absoj made the trip to attend the corife.--j j An interesting ■ ' juat been issued The speaker cited stock and com-1 modity price levels as lower than for Judge Bonham was elected on the ;filth ballot in the joint session of the 'house and senate last week. Election pro- Piimnhltfxt On succeasor as judge of the tenth a allipillcl V/n judicial ciivuit is scheduled to be held “P. C. Spirit” tomorrow. His visit to the local club thisi evening is being looked forward to I all Nitrate of Soda Educational bureau! ship, of' for vocational agriculture students who 1 new pamphlet ha.s from the press by the Presibyterian college to he put into American Legion Meets Tonight couM not furnish power for less and to the iacre, or 50 bushels of corn or farmers were unable tor pay more. more an acre on their three*acre home This tax i« prohibitive,” said Emslie ^ projects. ^ Nicholson of Union, president of the! There are three boys from the Clin- Lockhart Power company. 'ton chapter of “Future Mr. Watkins, representinir the cot Tourney Match ton mills, said “the mills cannot pass (the banquet. Those who will accom* the tax on and I know this committee | pany the local agricultural teacher will not do the very foolish thing of | are: Curtis Taylor, James Addy.and Atlanta, Ga., Feb. 15.—Neal Trues- Palmetto I dell, Presbyterian college, Clinton, S. Farnjers” who are eligible to attend j C., knocked out Trudy Williams, of North Georgia Agricultural college in the first round of their final match Saturday night in the Southea.‘'lcm (Contir.-.Tfd on page four) DflTanl Milam. A. A. U. boxing tournament STUDENTS HEAR CHARLOTTE I)0(’TOK|the hands of prospective students and —— 'other friends of the institution. The Owing to the fact that the officer.s The student body of Pre.sb,vterian folder has as its theme, “The Spirit of of the local post American Legion at- college heard two interesting lectures: Presbyterian College, and contains tended the spring rally held in Co- during the past week by Dr. Oren' a write-up of the numerous college ac- lumbia Tuesday, the meeting date has Moore of Charlotte, who spoke on i tivities, R. 0. T. C., and athletics. Cuts been changed to tonight. Every metn- “The Mysteries cf Life.” In the after-. are included of the 1930 S, I. A. A. her is urged to be present at 7:39. noon following the lectures, Dr. Moore,track and football championship , One of the important matters to come held private conferences with a num- teams, the glee club, orchestra, band j up will be renting a permanent mec*- ber of students who sought advice and'and Y. M.. C. A. cabinet. One page is! ing place for the post. The meetir? aid in helping solve their life prob-j devoted to an illustration of the ex-'tonight will be held in the Maso:’:*: Icms. cellent equipment of the college. tTe:r.pIe building. —1 Chief Justice Blease administpierT^ the oath.