The Clinton chronicle. (Clinton, S.C.) 1901-current, December 14, 1933, Image 6
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^JCHE C1.1NT0N CHRONICLE. CLINTON. S.,C.
THURSDAY. DECEMBER 14. 1933
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¥MHI
DORIS DUKE SHOULDERS HER
5HARE OF RESPONSIBILITIES
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I harbor, on which the jriprantip statue
jof Liberty stands I
^ What reminds me of the tncideni"
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.1^
was the announcement a little while
ago that Liberty has been taken out of
tended the meeting of the trustees, i the custody of the army and put under
She became a member of the board a!the care of the department of the in-|
fortnight ago, at the same time she tenor. It is a part of the economy;
URGE SUPPORT
Green\ille, Dec. 11- — Mi.ss I>oris
‘ •>
Duke, in a happy spirit, today shoul
dered her share'of the responsibility jl^ssession of $10,000,000 of!pI*ns of the gove^ment. W^ashingtonj
• of administenng the huge endowment-^ ^0*000,000 tru.st fund left her from .‘thinks the army is rather ..extrava-j
estaidished by her father. her fath«‘r’s millions. j^nt. ,
It was a seriou.«-minded. but fre- mother, with the 14 j
quently smiling .America’s Hche.st »ther trustees, were guests at exer-
Washington. Dec. 11.—The program heiress who came from New York to tonight at which distinguished
vrh'ch the next session of Congress participate in a celebration here of the ^^^kers lauded her fathers benefac-^ OHJi A
will follow, according to those who "‘nth anniversary of the founding of t«nnf- . . - . , a u »' F AKM I KUtlKAM
, the $10,000,000 endowment and attend earing a brown fur coat and a hat 1
have made the most careful .study of ^ of the same color, Miss Duke stepped »
the probabilitie.*^, will he mainly one ..j having a wonderful visit— 'I^^^ial car at the railway Continued from page one)
enjoying every minute of it,” she shortly after noon. A motor-' j,m.h tjme asj?international trade can
m w-inen in a brief int(l*rview. “I hope police escort roared ahead of he increased-j/’He suggested that the
tha* I may come back again.” her automobile to the hotel and
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of smoothing off the rough edges
and stopping up the gap.^s in the Pres
ident’s program which was enacted
into law last spring .
Of course, there will be an exceed
ingly large volume of hot a.r spilled
by orators on both sides and in both
houses. Most of it will Ik* for narti.^an
political purpo.ses'or to get even with
somebody. Not much of it will have
any real effect on legi.'-lation- though
it may make startling headlinf*!^
One of the first things on the Cop
gressional agenda is a measure
regulation of stock exchanges. N(>th
ing very drastic is exi>ected, for it is,
recognized that it is esential to keep
an open market for securities. But
some trade custom?- of brokers are un
der suspicion,.and the effort will be
made to .<et up liars against the dis
honest and lin-icrupulous without ham-
jH-ring honest business.
Closely allied to that will be some
minor amendments to the Securities^
-Act- .A- jias-ed last summer it is so
drastic in the jKiss.ble penalties for
honest mistakes that most distributors
of securities have refused to take a
chance under it. It is recognized here
that one of the imgcirtant things nec-
essa'-v for recovery is to provide new
and ac- ^ system of proce.ssing taxation might
the hos- pventuallv be abolished in favor of
.^^^'owir.g the same spirit of philan- conipanied her on the visit to the "os*'eventually be abolished in favor of
*h;tp5* that characterized her multi- some other method of obtaining funds
n' 'lionaire fcreliear, the late James remarked casually to a meniber to pay benefits in holding down pro-
B Duke, power and tobacco magnate. party
she .spent nearly an hour vi.sitir.g the L*"** outside of New \ ork she had a
v-iungsters at the .Shriners’ hospital police escort • , . farmers to remain .squarely behind the
'vr crippled children, one of the par- ‘ jarrival, she at-j declafing himself doubU
ticlpanla in her father’s Wm^ficencies, .landed a luncheon in honor of the en- extremes, Wallace said
.Many of the children had written <^ownient tru.stees. She planne^' tOip^^eful consideration should be given
that it was the first ductiJn.
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Both farm leaders pleaded for the
COUNTTTAX
r
NOTICE!
*,
Ycur attention is respectfully called to the fact that
only a short lime is left in which stale and county taxes
may be paid without penalty.
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The penally goes into effect dfter December 31, 1933.
Jly paying your taxes early, you avoid the rush of
the last few days.
D. R. SIMPSON
County Treasurer
•r
e for the anticipation of her visit. .She ' other hospitals and institutions ‘‘licensing every plowed
^ Noth-^^®"*‘**‘* thoughtful- sharing in the endowment tomorrow ^ assuring that
nes.s.
and left during the afternoon on the
As the tall, blonde and strikingly return trip to New York,
beautiful visitor prepared to leave, a ““ '
score of the young.-^ters stcwwj up and I.IBFItTY — In New Hands
gave her and the other Duke trustee.^ , A go<»d many years ago a colored' commodities, wheat, cotton, corn and
a cheer in collegiate fashion. ;man who served a.s doorman in a popu-' hogs.
“.Such lovely children.” she told her lar New York .store, and who.se cour-..AAA.
mother, Mrs. Nanaline H. Duke, as tesy and unfailing smile made him As for federuL financing of farm
farmers stay within their crop allot
ments.'He said beef cattle and sugar
'might be added during the next ses-
.sion of congrc.ss to the list of basic
SILK DRESSES
capital tor ;r.da.-i.y. The cu.stomary .i. u .l j . i
' , . 1 - I .u even though thev were opposed to sil-
(if get;rg new capital is by the — * ' ’
way
sale of ‘t.on.is or mw issues of stock.
Tliere i.- plenty of capital ready to in
vest a- ^<^on as the financial .skies
clear, but 'he present law makes it .
’ , , . f stability unles.s we restore silver to its
to undertake the flotation of , , , ,
she left the hospital. “I enjoyed my |>opular with- all the customers, told'loan.®, W'illiam I. Myers, governor of
visit with them ever .-'O much.” nie he had taken a federal civil ser- the farm credit administration, told
After a brief rest at her hotel, the vice examination for the position of the 1,000 agricultural leaders that the ^
ymmg heiress with iier mother at- elevator operator. loans were being, made as quickly as
" ^ "■ ~ ' A little later 1 saw him and aske>J |K>.ssible. He said federal machinery
.®erv-ative tradition ' has been ever ijj,„ alniut that government job. “They had Iwen set uji to provide 35,000
since, that anyone who* wants silver ,ione appointed nie to go ’way out loans each week.
West," he said, ‘‘and 1 can’t do that, ;
nohow. So I turned the job down.”
“Whereabouts out We.st did they
want you to go?” I asked.
“Fort Wood, wherever that is,” he
replied. He wa.- chagrined w hen I told ^f|||nton FIOWCT SHop
. .. get thorough cletining and pressing at this plant that
gives ycur garments a look of newness which is required
of distinctively dressed women.
recognized a.® money must be a dan
gerous radical. Rut the men who have
)H*en studying the subject clo.®esl.
ver at first, are now coniine out an*!
saying that, so long as silver i.® the
money of half the world’s |H*ople. we him that Fort Wood was the official!
Everything In
FLOWERS
HAVE YOUR CLOTHES
CLEANED
FOR THE YULETIDE SEASON
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cannot restore international monetary n^me of Bedloe’s island, in New Yoi ki Member F. T. D.
I’hone 33
too n.®ky
new security i.ssues.
to Ih- remedied.
Bank iN'posit
Thus IS ex|M*cted
Hill
old monetary position of only seven
years ago. So an announcement by the
Piesident that the government will
buy silver may Ik* expected -at any
.Some amendments pmbably will In*
made to the bank deposit insurance tke international price of the
bill, to make it simpler and safer. Now jn gold will be stabilized nobody
that bankers have had a chance not even the President- The
stwiv it. many iLstlui suggestions have pr,..,,.nt deprtKMation of the dollar in
l*een made. It will take effect foreign tirade is having a gt)o3^
up-
January 1, and a minor bank cri.sis in effect u|>on the prices of Anieri-
some communities is e.x|H*cted because export cAimniOilities. Internal pric
es are rising in many directions. When
prices have reached .something like the
some state t»anks have .so far been un
able to ipualify for iiieml>er.ship in the
insurance agr**ement. The RFC is
watching, iht-se. however, and the
purpo.sf 1.' to let no bank close its
iloors, un!*-s> it is too far gone to l>e
saved.
There i>-a-<fmqH.sal under eonsiileia-
tion by .A>iminisliation leaders f<m
soine form «»f (»ov«-rnment sharing
jn\ank loan-, uniil the finar^'ial
figures. l<M»k for stabilization of
the dollar at whatever level it has
then reach«*d.
H. D. HENRY
F. M. BOLAND
H. D. Henry & Company
INSURANCE
STOCKS - BONDS - REAL ESTATE
LOAN8 NEGOTIATED
Workman’s
DRYCLEANERS
WHERE EVERY
SUIT, DRESS, COAT, Etc.
that enters our plant g^ the experienced attention of
Itoc
Dan Hollis, the new mahager and operator.
Your Business Appreciated and
Good Workmanship Guaranteed
firm
V ha?
foundation.
U'en wtrrk-
strucluie i> on a
Niithing very deftn
ed out on this line.
It sot-m.-' to Ik- on the cai«ls that the
K.K.t . w .ll S* given aiithonty to make
diit-c* nioi tgage U an- lo indivi lu-il>.
The -aIumo- < f sett ng up lo« 'il tnor*-
gagr- r^mipani*-' t»* opt-ta’e with
1 jnil' is «.‘>t -.vork pg -at .ifav.oi ily. In
some la.-f- ttu-M- bji' '!<een e.ldent too
much giit* i on -he |ta’t of local iiiiii-
il'.enu n, *.■-><»
the bioiower.
those
w n«
r.i.ny atlenipts to s»|uee7.e ^
*.i laige a rak«off fori
: '.tale the loan®. Fhe j
purpo-e 1' t- «*ach uv,ortgage
borrower qi.ect.y ie®|«»n.sil»!e to the
(iovi I nt. th ouvh Its agency, the
Kectm.st Uk.tr 'll F.nance Forporation.
Iiirome isv |{e\r®i«m
There a'e due many revision® of th*-
income tax Taw. de>.gnt*<l to close some
of th«- loophoU ® through which
wealthy n-en have e.®cai»ed paying tax- ,
es. Kecent investigations showed the
need of tha?. Tlu-re \va® tmthing ille
gal about th« *av evasions of the
Morgari par tnei-, .\'»ert W Iggm arul
othei ®, but th«* Ova is to make such
evasion.® illegal.
N
f
ot SO long ago practically all
cigarettes were made by hand
Now, (UR*slerlields are made by high-8|>eed machines
a munic.pal
bankruptcy bill, so that communities
which canmit meet their bond issues,
interest and principal, when due. can
that turn out 730 eij^aretles a minute, and the
jcigarettes are practieaily not touched hy hand.
get a breathing s|»«*!l and an extension ;
of tire.e.
There i® ex|H*clati<m of large appro-
]p)Y the use of long steel ovens
-^drA'ing machines of the
priations for Government financing of
h< using, both through building homes
of the “subsistence homestead” tyi>e in
the suburbs of industrial cities, and in
slum clearance in large cities. Four
billion dollars is the figure most talk
ed of. 'That IS about w hat is s|a*nt
every year, in normal times, ftir pri
vate building enterp^i4l*es. It would
stimulate the lumber and building
materials industries and put a mil
lion or two artisans in the building
triMks back to work. This i.H the .sort
of “capital goods" expenditure which
economists agree^ia necessary Xo com
plete recovery.
Money HarmOny Brewing
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■most motlern type aiul hy ajje-
ih^ tlTc leaf tobacco for 30
moiitlis - like wine is a^ed —
Cbesterheld tobacx'o is milder
anti tastes better.
Only pure cigarette paper—
the best made — is used for
Chcsterlield.
And to make sure that every*
in any way inahe manufacture.^
Cbesterhelds are matle and
packed in clean, ujvto-date fac;^
torics, w here the air is changed
cver\’ 4V2 minutes. The mois-
ture-pHKjf packaj^c, wrap^xrd in
Du Utmt’s Nt). 300 Cellophane
—the best made reaches you
just as if you uem hy the fac-
tor>’ dtH>r.
In a hotter lo iis, an emi-
Economists arc beginning to agree
on some other things on which they
disagreed sharply only a few months
ago. One of th^ things is the money
^ question. One by one the outspoken
^ opponents of the plan to dex'aluate;
gold dollar are coming around to
a fealization that, so long as the fed-'
gnU credit is good, it will have no ef-.
fart on the value of the dollar of com- {
Biefce, but win have a ^mxI effect on
foraifn .trade and lead to the eariy re-
tVB to a midif ied r'gold standard by
the world.
Aaether* monetary subject which
^ERliHy opposed, a few months
U uher. The taboo against silver
the fact that t^ free eoili>
pr .was a major partisaa
tiling tliat gtkrs into C'hcsterHcId
is just right, expert* cliemists
test all materials that are used
nent scientist says:
Chesterfield Cigarettes
are just as pure as the
water you drink.
»
esterii
7f
are just
O I
as pure
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