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i t **»«j*««••••••••#••«•••♦••••••••• : THE CHRONICLE 5 • • • Strives To Be » Cle«n News- • • paper. Complete,’Newsy, • i and Reliable. • Shr Olltnlntt Ollfrnnirlr VOLUME XXXI CLINTON, S. C., THURSDAY, JULY 28, 1931 First National Bank Announces a 50 Per Cent ‘' ' If You Don’t Read THE CHRONICLE You Don’t Get The News. NUMBER 30 HOOVER PLAN YETJIOPEFUL London Conclave To Save Ger many From Financial Collapse In Delicate Phase. Optimism For Success In Face of Dis- quietinj? Rumors. London, July 21.—The seven-power conference faced a delicate situation tonijrht as the eyes of the participants were turned upon tomorrow’s session. Developments of the g-reatest inipor- tance in the process of the attempt to save Germany from financial and eco nomic collapse are expected tomor row. The outstanding work today was a prolonged session of the finance minUters of the various nations. They met for several hours, but did not repo^_^h^_^Bid1^f their The committee, of ministers had been given the task”©! devising a plan for solving Germany’s problem. Dur ing the evening it was unofficially re ported the financiers had reached a decision, but no confirmation was ob tainable. An official communique was issued in which it wa.s said that the results would be conrmunicated to the plenary session of the powers tomor row. Press reports cabled from Washing ton of new proposals made by Presi dent Hoover were eagerly read by <lel- egates of various nations. Both the French and German delegates said, however, they had not been officially appraised of the proposals. In all conference circles it was in sisted a new American plan had not been siilnnitted. but it was assumed one wouhl be submitted tomorrow. In the face of discjuieting rumors, Secretary of State Henry L. Stimson of the United States continued, how ever, to maintain a quiet optimism to night. “The lines of the conference,” he said, “are shaping themselves, the probUms are l>eing clarifi<‘d .ind there r.s now a l)etter prosT)«>ct than there was of a successful solution. ’ Secretary Slimson’s opinion was given following the meetinr this moniing :n w'hich he jjlayed a leading r. le. Iv( fM)ets of n(*.v proposals by the •Americaa govt'rrm.ent for solving Ger many’s immediate crisis by stabiliz ing the nresent volume of short term credits, estimated at $1were cabled extensively to London and were the basis of rising hopes that the conference would be able to an- nount e an eai ly sue essful conclusion Kvi‘iy hour was admitted to be pre cious in the race against a possible calamity in Germany. Th‘* finance ministers, however, ad journed thfir six-hour se.ssion this af- ternoi n, issuing only a non-commit tal oimrnunique to the effect that the results of the deliberations would be p!ac<‘d before the plenary se.s.sion to morrow. The nature of these results remainr ed secret, but it was emphatically stated that the new American pro- po.sals, which conference circles quick ly dubbed “the new Hoover plan,’’ had not been laid before the finance min isters. TTiis was confirmed by the mem bers of the German delegation who appealed to the pre.ss representatives for full details of the plan. Rumor.s had reached the Germans that the new propo.sals suggested some so-t of new financial control over Germany. In all conference quarter.s it was in sisted that a new American plan had not been submitted. It was assumed, however, that one would be submitted officially tomorrow. Meanwhile con ference leaders were busy tonight tak ing steps to build confidence in the work which was being done. On this note th# morning session adjourned, turning the problem over to the financial ministers, who met this afternoon. Under the direction of Prime Minister MacDonald and with Chancellor Bruening present, the fi nanciers’ discussions continued from mid-afternoon until 9 p. m. Secretary Stiraaon declared today that if the conference is to attain its maximum success it must be speedy in its achievements. It is behved to morrow’s meetings will reveal the suc cess or failure of the negotiations. Both the German and French dele- gaates are anxious to get 'oack to their capitals. As a gesture of continued concern with European rehabilitation, Prime Minister MacDonald and For- eigrn Minister Henderson may return to Berlin with the German visitors for a week-end visit, repaying the Ger mans’ recent visit to Checquers. Pro visional arrangements have beer, made for the trip. Church Schools Are Tax Exempt Columbia TheoloRical Seminary and Chicora College Favored Bv Tax Commission. Chesterfield County Has Unique i Co-operative Farm Organization I No Dues, No Stock Subscriptions, and So Far, No Financing In the Enterprise. Jules S. McGregor Heads Project. I ('hosterfield, July 18.—“Wo propo.sejto gather 3,000 to -1,000 bales of (’oker vacated Jto make the words ‘Grown in Choster-! Uleveland No. ,'i and Dcita-tyiie eot- were field County’ a prideful and valuable | ton this year, these varieties having: Mrs. Lewis B. Jones Figures In INITIAL SUM OF $100,000 BEING PAUL DEPOSITORS Clinton Girl Saves | Drowning Persons i i Columbia, July IS. — Two denominational schools which a.ssessed at a total value of S.IO.OtM), trademark for farm pTwiiicts sent to ■ been a<it)pte<l for exclusive growing by for the city of Columbia are tax ex- market fnun here,” says Jules S. Me- those members having suitable soils.! empt under a ruling of the state tax | Gregor, head of one of thy most sin-dinning of the special types will 1h' commission which has already been^gular cooperative organizatnnis ever se-gregated so as to preserve se«*d I applied in the case of the (’olumbia set going. It is a farmers’ eooptu’ative purity. Theological seminary, and is expected i that calls for no paying of dut*s, no| “We nrobably will have lu-wee , to include the ('hieora college as soon j subscription to stock, and, so far, no sales days for disposing of ct)tton se- i m •• i • n jas legal details are arranged. financing. The enterprise is so devised lectivcly grown,” says Mt . McGregor.j‘ Jones of Ma- I An appeal was made to the state | that it can comprehend everything ■ “There should he premium prices for wn^h > jtax commission by the seminary trus-. having to do with farming in (’Hester- lH)th lint and see<l.” Iw-ith unusual inters .st Th' tees after the Richland county board,county. Already several hundred Like adoptivms of carefully selected! • . « of assessors had fixed its levy on a : f®r:ners have joined it. basis of $18,700 valuation for six' “This is one c<H>perative undertak- buildingi and four acres of land. that is intended to correct our own IVo Sensational Rescues At Georgia Beach Resort. I'.ditor’s Note; — The following .le- ‘klv i <*f heroic assistance given in two sc'Tisationnl rescues of drowning per- read here news ar- varieties and types of all things pro-| photograph of Mrs. . . . ' . . . .V. Jones, was featurt>d on the Distribution of Dividend Checks Began Yesterday, Six Months After (’losing of Local Insti tution. Splendid Record Made In Liquidating Its Affairs. ?ha taxes as long as it was used as a school, but that it is bping “held for . mu .»• , • • , profit” since the seminary was moved objective is the put-Irtration agent. t*stimate« that tho.se to Decatur, Ga. The county board ductt*d for market by memlnTS of the i ’TT'’ to daily in its issue j /u u 1 1 r . * ' a few (lavs ago. Wffe'^"'an<T r^e.~T^lilly^vV'Tm’"^ierB cooperative have l>een or arc 1 1,0.1 Koi.i shortcomings as much as it is aimed yviirai miw LiKiiiv-a IVV iiivinaifio v -i / .u- - , i- j ■operty was exempt from i , j •’* r , .u- Lmily Davis of this city, and divide who buy and distribute our products, , grew the adopltnl variety of oats this; ,, j- ,, ,, , • . . , , U • • 1 Mr I rr, 11 , 1 ! daughter of Mrs. George M. .Davis, is tered says Mr. McGregor, who is its jiresi- year, ani W. J. Tiller, county < emon-i, . • /V,. , . . u *• • i I pleasantly known in Ulinton and ad- butior of our own hou.ses, or, rather' fanners got 40 to 50 bushels per acre equalization remlered a similar dec is'- ! , ; Growers of the adopted variety of j One of the few fixed rules of our wheat reaped an average of 35 bushels cooperative is that every member! per acre, he says. After legal imcsti^gaticin, the .must play absolutely fair, not only' .Iprs<\\"s and Guernseys have been .commission ciec-ided that the property ,members hut also with huy-1adopted as dairy cattle and there will was not held for profit but is school consumers of his pnMlucts.|he a like adoption of u breed of beef! figured in two .sensational res-jthis year. The payment of a d.vid-md mired by many friends. The news story reads as follows; Dll a summer vacation at St. Si mon Island, Mrs. Lewis H. .Jones. 103 Lawton avenue, during five days last Effeeti’.’e yc'stcM'day, Harry I-’agan. Ii(|uii!ating agent of the Fir.-t Nation al hank of this city, began tlv.- pay ment of a 50 per cent ea-h divi lend to all creditors of this instituli' ii. (''ht'cks for this amount arc iiia ht*- ing placed in the hands of deposiUirs and other creditors with provc-d claims as of June 30th. It will be necessary, it is .stated by Mr. Fagan, for deposit ors to call at the hank office for their chci-k,s and present their certiF7;|N-s nd crc'clit may he properly pro thereon. The 50 per cent distri- on will amount to apjiroxim itoly $100,000. ’This healthy dividemd coinc's c-vi vly six months from the day the imvk -iiis- pencied business, the closing inci * by the hoard (>f directors having oeen plaec'd on the doors Jannarv 22n l of and chuirh property not now in use jand therefore not taxable. ‘ ('hieora college shares the position lof the seminary since transfer of its I student bcxly and faculty to Queen.s What is sent to market m^sf he exact-!<-Hitle. I*oland-('hina and Diir(*;’s are drowning persons in the surflof this size will he a big surprise to the selcHted hrec'cls of hogs. <’ottage, it was learned .the depositors, co,yiiig just a.; this The cooperative enterprise envisions through friends Tuesday morning. ' ! J^eason of the year and so sh( ri a turn .Sc’eams for help on two occ asions | uftcu' the closing of the hank, summoned Mrs. .lones, a former su-I conditions generally (puc-t in the perirtcm<tent cvf nurses at the ()gh«-1 munity, the release today of on ly what it i.s sold for. “Such practices as that of ‘plating’ hales of cotton that Uc, putting c-oat- large-scale* shifting from cotton to , . ings of high grade staple around; and fec*d produc ts. Muc^h has licen u ora CO egc. ornejs oi eco pmele up in the main of lowiniade aln'udy. In 1923 the first full ■ , • ♦ 4u u ' f ih r i i * n i are pr,.par«l 1., prov that thej c,.tt„n-win lu- far i,nm,..i<arloa,l ..f imiiltiy shipp,-,l fr..m S,„.lh| ’"’'I''- m.'rniary, P, t*.,- .h„r,.,of the fun,I, ,.n ,l,.p.,s,t w,ll l„. same ruling covers their status and !(’an)lina went from Chesterfield coun-l''*’'! ■^^lurday morning wh<*re she as-1'Stimulus .o business ami a gr.-a* rendc rs taxation null. Wins Coveted Honor Again diate expulsion from the organization. “There is to h** an organization in every .school <Iistrict and 15 out of 25 districts have cooperative units now .All meml>ers are pledged to report any mc^mher who fails to play the game fairly. 11 A “We are beginning with pmcluction, I'resbylerian Colleue Capture«,„„,| „„ ty. Up to .lanuary 1, lust, .59 carloads: osted in milling of the from he grasiiinc; fi( to many. of poultry went from this countv and Atlantic three voungj The excellent imcord a total of $198,181’, was received women. She saw two of them!- li- rt a period .-h, v,s C farmers for the shipments. La.st year’sj[:“' re.spond to attempts shipments mounted to 12 carloads.. “Carload shipments represent suU*s at : fieial resipiralion, hut the thin savc'cl. Five days before she resusci-Idefunet hank. 1 mall : Mr. 1 arti-1 as receiver has done an e\c.*it’i wa.'. ! ieec of work in liipiidat’" ikewi-'e re\e:i' Wdh C'lni- -half i .*’1c- .1 SI) g "I • a made c,‘ooj)(*ratively,’’ says Mr. Tiller. tat<*d a Trophy Award At R. O. T. (' •: ing of what is done right on each in- Camp Over 14 Opponents. j dividual farm the enterprise will stand I tjic ' ^ ^end. ^ land lanre sumlu'ses for sal Official word received here Friilay “The growing Mr. P erry, offudal (,f the “At least a thin! more poultry was 7'mpany of New sold in small lots outside the eminty. ^ ^ '^y* ‘'ragged he-1 el.H^ing than wa-f genera! he ta' '*1 r i* s We can prcKluce all the fec^d and mo'st! y’’'’'' ^»y trc-aehermis un- of the fcHid’eonsumcsl in tjie county^* ^ . land large surplitses for sale la-yond -ii i i f the* products thatl^he county. Fanners in this section P>ill«*d the New York swimmer from'^’’’^^ will he mad. the affairs of the hank were * better condition at the lime Icn 'V,' '-v the jiuhlic. While, it is undi-i'-iietd th; t additional funds will 1h* iiiace i la r Early last Tuc'sdiiy night two men'liands of dc'po.sitcrs. nc. > c* - by .Mr. Knga*; at nc*arly that* •'a* ‘‘nrf imimediatelv ‘_n front of the eoope},-I'iur.es cottage aftcT he had l>ec>n in the in that water almiit 30 minutes. Answc*ring a farming oper-i fi'f h<*!p, Mrs. .lone^c worki'd txi j 'i'"” ' the* iinconseion.s mar. this time regarding future div’ j *', The* First National, one of th, <•:' olde.st and stronee-t hanking im. I announced the Presbyterian college as; are Itest suited to conditions in the I.,,.,, living at home mori 1931 winner of the profie'en* y tro'ihy county and for which there are primi-1 ,,v,.r la-fore and the county awarded annually to hie eollege or ising markets within our reach is oiirjj^tiv<. will speed lip advance jiiniversity standing highest in iirofes-^ aim. Suceinetly, we aim at ri-f,arming | ion. The total of siona! knowledge, rifle marksm:inship.' ourselves and our practices before' ;,s i,ijr as i-ver. Propi-rly or- revive Ibi* iinconseion.s mar. A P.oy icooperation and di.scipline at the trying to reform somebody <*lse or ami coordinated, the ojter-j •'^''ont, who .“ppeared just as Mrs. '" unexpected “r;in.’’ I.;i- Fourth (’orps Area K. (). T. ('. camp, j change praetiies that are heyomj <>ur | | hdieve, can he as profitable lom*« w;i^ bi-com:r:g < yliansled from Fort Mri’lellan, Ala. control.” ' ^.,.re at any time in the tiasl ^'T efforts, auled in forcing re'--piT;)- : This is the second con.seei-tive year | Members of the eoopeialive expect { m this eoiinly.’’ I’"'"- After several minutes of frantii y hy order of the hoar<i of dire t, r and the fourth during the last nine i years that Preshytreian college has won this coveted trophy. , Fourte“n cidleges and urrversi* ie*--; fnim the ('arolinas, Georgia. Florida.' Alabama, Louisiana and Mississiopi. were representisl at the camn and South UaroHra should be justly proud of the record ma<le l>y one of her smallest colleges. Baptist Minister Fatally Stricken Will Broadcast Fuller’s Sermons Savannah, (la,, .luly 21. Kev. .lohn E. White, jiastor of the First M;i|>ti-t walk, the man was taki-n to a h isnitai , vheie ho la‘( r rcvivi-d. Miisv iiboiit her cott;ige around .1 lo’clo'k .Saturday morning, Mrs. Joric< was ;igain cal’eil to the Ix-ach hy a se ll ;cs of piercing screams. .-Xci ompanied bv Willie .Sharpe, Negro chaiififeur of 'he Peyt »n .lom-s, (,f .Mmon. who was ,)!! the rear of the cottage, she rn-hod Number Of Farms .Ani'ouncoment is made that stiition WGS'r of Atlanta, will broadcast the church'of Savannah, an.l president of sermons of Dr. Ellis A. Fuller, pastor the Georgia Baptist convention, died of the First Baptist chur h of Atlanta.'""' women Imbbing here unexpectedly this aftermmn. ion the third ami fourth Sunday morn Heart disea.'-e causeil his deatii. ings of <*a h month and also everv A few weeks ago he underwi-nt ; o'ther fifth Sunday morning at up and ! enten*! .1, , 'M ‘ * 'I* same'day two national hank ex.i'uih- ers arrived in Iht* i*''y :ind took ch irv* ( f the bank. On .lanuary 27th. Many l a; R ileigh, .\. ('.. anive.i in C'lin taki* ov(‘r the re oi vei - h’o closed institution and ; lie liiinidaling its -islets b<g.in rci-eiver and his ,i<-' ;tan:- o <l:recti(in of the ('ompt rolii i ('urreiiey, Washington. I'. The financial -'.rement - af’er issued by .51 r. I';ig;ui .a .-howi-il total ;iof t:< 1, I r- loan several fe<*t out. .\s sh<* i tin water to •>■() to their as-l^ith liabilities ef .'‘i.'IUi. 1 i s. i 7 do- III ^ -treatment in a hospital here after suf- o’l lock, ('linton time. WGST is a 250- T*'* ^ fering from a heart attac k and over- watt station and broadcasts on a fre-, beach, culii 12 j sistance, Dr. Will’am Booth, of Atlan-, P"sits and cash on luind, .'f-ts.'t.o*'t.d2 Rediscounts and bill- pay.'.hic :i - unt- ed to $ii3, ll''.i.25, and thi- vit’ro amount has been oa'd during th • six months period in adtiilion to th * .50 per cent dividend now being d -‘r:b- uted. This fim* record ha-^ tc-c n ma-ie po.ssihle hy the fiayment of .<to ! 'i d I- also heard thi* enes nj) (I to her to slop. I work. He remained at the hospital for quency of H90 kilocycles j Dr. Bmith swam to om- oi' tin* wo- j Washington. July P.i.—The numberja week and wa.s thought to have re-i Dp Fuller is a graduate of the |started lia/k to shore 'of farms in South ('arolina de<*rea.sed covered suffieiently to rest at his I Presbyterian college erf this city, and '' hen he began to sink. oulVd down from 192,r>93 in 1920 to 157.931 in home and later take a vacation in has a wide eirele of friends here who '*>' the weight of the unconscious 1930, the census bureau said in a re- .Maine. It was at his home that he will he interested in the announcement 'wimni(*r. Mrs. .lones and the chiuf- i . port on agriculture for that stale to-jdied. He wa.s to have gone North in a; that his .sermons are to be broadcast, 'eur tmik a rope to him, and pulleil |' ‘ day. j few days. ! him toward shore. A row boat, which 1'h«‘ iiquidatnvg oi oln- r a.-- j Value of specified farm property; Dr. White came to Savannah in 19271 i„ .T~ A'rTviur^r^^*iiT had been decreased during the same period fromifrom Anderson, S. ('., having left the * ' mi.mIiMI brought to shore, picked up the hfuiies i$813.484.200 to $379,190,030. Land, ex-lpresi,ienev of ' Anderson c* liege "■ two women, who emdd , V-ludinK buildings. dro,,,,t.d from alLptist colbifo. to l„K-om,. pastor' of "''"'■.vV <-astl.- lb.- Air.- a thro.|„. r.-vivod. A-tifi-ial i$(>47,157,209 valuation to $200,135,210. | the Fir.s^ Baptist church here eorn.*dy-drama. will he presented ^ an-l first aid me'hods appli. d by Dr.'usuK m« I The number of hnr.^es on South; ‘ 'h” '-ydia mills sehoolhoU e lhis'ip,f,ih and .Mrs. .Jones to the -<a.edl«*'y- iCarolina farms dropped from 77,517* KAm'KWv vi'r * i/ pfr-vir* 'evening at eight o’eba k. The play wr man were successful an<l she was to 30,497 during the fen years, and ‘ r-AM raK> .MAK I M vv-ili furnish two hours of fun and en- taken to a Brunswick hnsifiital to re- j tertainmerit and i^'il) he pr<*sented by i cijpj.rate. a well-trained east of the community.! The young womi n from Atlanta The .nroeeeds wi'I go to the b'*nefit of were Miss Jeanette Stephens, w’ho her life to the efforts of Dr. Booth, Mrs. Jones and the chauffeur; j'-ets arifl the cm tub eotiileoiis a>- i cf- Ificient management of the 'losf 1 :ti- stiLution i»y Mr. Fax-an, who has made riemls 4 ''.,. here in J.in:;- EASTERN .STAR PIUNIU i mules decreased from 220,164 to IKH.-i .r., , n . ' Oil” r- 44.1 1 1 J r „ Afi- * James n. Parrott chapter o' ,X9o. Cattle also dropiied from 4.14,09( * e* n l ii 4- o-.ni.Tt J_._ J / Jaa Ea.stem Star will hold it.s annual to 270,171. Swine decreased fnim 841,- '* ‘’P' "'i:' P"’- 981 to 471,104, decrease m chic-k- tho Calhoun high- lh<’ I-.v-lia M.-lh„dist , hun h. with ad- ens wa.s some what smaller, dropping ' * ’ ainouii iukh , from 3,954366 in 1920 to 3,0.57,137 in 2-' ‘•.■"X- Seventeen Pupils Seek Scholarships 1930. I The approximate landed area ef the j (State is 19,516,800 acres, the bureau reported, of v^ich 10,393,113 acres are in farms. Refuses To Quash Bank Indictments Miss Mary Bobo spent last week in Spartanburg with her parents. Greenwood, July 21. — Judge C. C. Featherstone today issued an order refusing to quash indictments against three former officers of the defunct National Bank of Newberry, charging i breach of trust. , j Those indicted are Budd C. Mat- j thews, president; Thomas K. John stone, vice-president, and William W. Cromer, cashier. The motion to quash was argued by • the defense on the grounds that F. J. I Sullivan, paid attorney for the state, went before the grand jury as a wit ness and that true bills were returned I on his testimony. Judge Featherstone I said in his ruling that it must be as sumed the grand jury did its duty. Are You Fighting The Battle Of Business With A Hairpin? Are you fighting the battle of business with a hair pin instead ■of a sword? In your drive for sales you need the moat powerful advertising medium availalile. Reach all the possible custom ers in the territory—don't limit yourself or your business to frac tional effort.s. The theory of concentrating your salesmanship on a few over worked customers is a poor sub stitute ^or big, powerful, domi nant circulation,„ No business mani, of today—in this era of rapid transportation— would say that customers living one hour or two hours away are undesirable. Sell these people. Put their abundant money into your cash registers, Rememfccr that ’The Chronicle gives maximum coverage in CJIinton and in the one hour and two hour radius, as well. Why be content with less? THE CHRONICLE “The Paper Everybody Reads” Lauren.s, July 16. — In the triple Miss Trudy ('assidy and Miss Ella Me-1 ■‘’t’holarship examinations, held la-t I Kay, iKith of whom faileil to respond ! b riday in the court hou.se hy the I to attempts at re.susitation. jeounty .sup<*rinte.'.(ient ot e<iiic-a* ' vn and hi.s assistant, the Citadel lei 'in Mrs. .Lines IxTore her marriagi 18 months ago, was Miss Emily Davis, i.'’ applic ant.-, with eleven a native of Clinton, S. C. ' j <|i>H;ilyin- f .r (the tests, (’lemsoii co!!eg«' came n*'\l j with five, and the Univi r-ity of h \Iaxa7 1 loA I ('arolina had two. William Ada'** 'if new V^OllOn VJ»e ^lUrJinton. in hasehall narlanro. stagcii Require Much Staple “ atado a’.V sity. Miss Dorothy Evelyn Rar.a/e Charlotte, N. C., July 21. Martin Adair’s only competitor fi r trie Cannon, Charlotte mill owner, said to day that the manufacturer of a wood- cotton paneling for rooms or offices— a recently discovered new u.se for cot ton — was expected to consume be tween 750,000 and 4,000,000 bales of jthe staple annually, j Mr. Cannon said textile manufac- I turers of the Carolinas were much in terested in the new product since quantities of cotton canvas or print cloth are used in its manufacture. The new paneling, he said, is readily adapted not only to roonri and office finishings but to the manufacture of furniture, Pullman cars and coaches, and other uses. Carolina scholar.ship. ’The coveted Citadel invaid wa- c ■ '- peted for by the following: Chari-'^ Arthur ('rews. James Rvhert D-iv;-;, Jr., Samuel .Marion Wilkes. Willia'n Adair, Frank Birrroug'ns, Anihri'^e Lauren.s Hudgens! Jr.. laiiie.'i K. Pat terson, Jr., Henry Hughe.^ Burns, Hugh N, Denson. Dan Garrett B'ak- - ly and Eaiward Giles Bailey. For Clemson colleg;*: T. H. B;'il>b. Albert S’tribling, J. W. Lanford. Oscar I^anford and William M. Ferguson. For the University of .S. (',; M'lS Dorothy Evelyn Ramage ant Willi.am Adair. ’ >f 1 to * hi* o*' t h‘* t h** V4>r, \