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“ ■« i. I If Ton D<Mi*t Read THE CHRONICLE Toa Dont Get. The New*. 1 / •"j. . ^ I THE CHRONICLE StriTcs To Be a Clean Neira> paper. Complete, Neway, and ReUahie. —nr' VOLUME XkXIV CLINTON, S. C., THURSDAY, JANUARY 18rl934 NUMBER 3 h # mOBrn 3 BIG ISSUES NEW OFHCERS COMING UP FOR SM MILLj Elections, Appropriations, and C. W. Stone Named By Directors ^ Liquor Control On House and As President of Corporation. | Senate Card. To Settle Autoj Mill Now Operating: Under' Tag Reduction Question. I-' Court Order. Columbia, Jan. 15.—Off to a quick 1 At the annual stockholders meetinfr sUrt, the state’s lawmakers fired up the Stutz-Hadfield Silk corporation again at noon Tuesday with three par- of c‘ty, held on last Thursday af-1 amount problems on the roster for ac-jtornoon, the following directors were [ tionHhe second w’eek of the session. ,olwted- C. )\. Stone, A. J. Milling,: Of the three—liquor control. auto- John H. Young, W. J. Hadfield and mobile tag reduction and appropria-' Homer S. Finley, the first three rep- tioM-the first has the most explosWe ‘'’1 stockholders, possibilities ' ^ latter two the common stock- . holders. nils touchy issue w« put m the following the stockholders meet-1 bMkground last week while both the board of directors met and! ators and representatives shoved for ward for a 50 per cent tag cut. One of the purposes of the proced ure a'as to allow a thorough study of a 4,000-word county dispensary bill j elected the following officers: C. W. Stone, president. W. J. Hadfield, vice-president. ■' A. J. Milling, secretary-treasurer. There are two classes of stock out- toss^ into the house last Tuesday, 1 the corporation, preferred th^irst day of the session. common -jito^ik. The preferred Dnmmed.up sentiment on thla mnt. ^ ^ owned pifncipally t« probably will flare mto fuU •>l»" hy. cnnW« peopte: while t!« eommon f -a-r-an open h«nng on the control owned by H. S. mensure set for 3;d0 W^nesdny «f- J. Hadfield and Sol Stuta, temoon by the hou.<e judiciary com- * j . i n j , . . . . , I The preferred stock locally owned, mittee to which it was referred. . , j- • i i - . ■ r> 4. # _ -...I.- provides for a dividend of i per cent , Chairman Gaston of the committee n w..., per annum, payable semi-annualiy. explained that a motion to hear . ... , , The by-laws and terms under which spokesmen, pro and con, on the ques- • , , , - a lion was made by Representative Cal-(^ ^ houn Thomas, one of the nuthors .f.‘h*',,";'’.'" A NEW SERIAL STORY TheWEDDING AAAHCIH MURDER BY MONTE BARRETT Begins In The Chronicle Today A thrilling, well written, baffling mystery* A story of interesting characters, oi intense and rapid action* A stoiry for which you will eagerly await each succeeding installment. It will run serially in SMITH PLANS FA^BANKS Would Set Up Vast Chain of " CVedit OrganizaUons For Ex clusive Use of Farmer. To Introdluee Bill This Session. I Washington, Jan. 16.^—Plans for a •{vast national system of agricultural • banks to extend cnnlit facilities to i farmers only were outlined by Senator i Smith. Democrat, of South Carolina, GOLD PLAN TO GETjyPPORT Favorable Congressional Action Seen On Roosevelt Money Pro gram For Devaluation of Gold Content of Dollar. these columns,and you must read it. r* Turn To Page 6. Don’t Miss the Opening Chapter. Washington, Jan.—15. — Party lead ers tonight freely predicted a tremen dous vote of confidence in President Roosevelt’s monetary prog»-am when I congress acts on the chief execiitlve’.s who said he would introduce at this J requested legislation for a minimum congressionaP^^^sion' a bill embody ing hisl ideas. ^ Under Smith’s plan an agricultural bank capitalized and supervised by the federal government would be set up cut of 40 per cent in the ddlar’s gold value and bringing into *he trea.sury the country’s entire .'<tock ef monetary gold. Preparations went f orward- for in each state. F.ach state bank would speeding his proposals through the jhave a subsidiary or branth, office in }each county. Farmers would be permitted to he- gotiate loans on crop liens, property mortgages or chattel mortgages. The loans would be made for as long as two years so as to allow the farmer i» y^-l!Lwhich_lo mahe hi.v rrop-aadlcafiital today m-ajgrpfrrtty^aniT Toother year for its marketing. fully worded special message whiph, * ■ - - - - reduced to its essentials, asked con gress for three things: / To give the government “by specific legislative mill, while’even senate mi nority leaders conceded th»y would be able:to muster not more than 27 votes in opposition, including five defec tions by conservative mem.i.ers of the president’s own'party. ^ Mr. Roosevelt’s reiiuest went to the ! annual dividends are in default, they tnif Workers To Meet County Selects the bill. Whatever Mr. Thoma.s or oth-, . . il u l i . , # . r preferred stockholders have exclusive, ers have to .say m favor of the meas-jr , . ^ • r« | i ure U certa.„ to d.a. tW ; irkLZr a'l tScHool drys Who have visions of a bone-dry i . . . , . , . ^, - — n , , , , elect a majority of the members of the Palmetto state. u j # V . _ i . - , # .w .w... hoard of directors. A wave of .sopport of ^ ,he affa.r* of tho cent tag cut rolled up in ^th legisU ^ stockholders Baptist Teachers oC Abbeville ('ommitteemen Are Chir t.ve branchos. Sonata P As-socialtons To Cottcn Reduction O The actual marketing would be done I by the banks. When the crop is har vested the farmer would turn over to I the bank that part of it necessary, at ' current prices, to pay off his lo.Hn. The .hank, during the next 12 months, would be responsible for orderly mar keting and any profit that may ac crue by an increa.se in prices would 1 bi* placed to the fanner’s credit. 1 This would rtsiuire a large Ware- w-v. a 1 (house system and it is Smith’s idea L/nV6 LfCStClGrS that the bunded slate and ftnleral “ jwarehou.ses now in exi.stence could be hlisen For' * nucleus for this system. the lower fees, having passed their -hUl mwtr semi-annual dividends on the prefer- P.^^cpnd. reachog. pl.no.-d ch., Mcc. lu fireenwood teh. 7lh,, week to add the final reading and send i it to the house, i F'orty representatives obtained a majority favorable ways and means i * *1.;, * . _ . , 1 I .. they exerciser! at this meeting committee report on a bill for a like / . . . 1. .1 cut with somewhat more liberal other matically gave to the preferred slock holders the right to elect a majority The Sunday schotd. workers of Ah- of the board of directors, which right jbeville and Ijiiirens Baptist associ- jations will gather at Greenwood First Now Under Wav. The money advanctHl by the govern- ampai^^ll capilalixalion of the banks would be repaid out of profits that Smith ^id would accrue from interest County ami community committt*e- payment^ on loans. Wlien thr* capitali- enactmcnl” title to "all supplies of .\merican-owned monetary gold, with provision for the pLi.vment therefor in gold certificates.” To ‘‘fix the upper limit of permis sible revaluation" of the dollar at 6U per cent of its i>ie.<ent go' i consent, noting that“eaieful stmiy" had left him to a belief “that any revaluation at more than 00 per cent of the pres ent statuatory (gold) value would not lie ih the public interest.” To give the'^secr eta. y o' the t > :>. - ury expressed authori’p.irehn:::' foreign exchange as we’! as !;> hv., and s<‘Il gold at home and abroad and men for the Laurens 19.‘t4-55 cotton i zation is re|taid each bank would be acreage reduction drive, which started I ow ned by its patrons in each cominu- to establishment from, any profit.s on gold stocks derived from devaluatioM of the dollar a “fumi of iii.tiOO.OOO.OOO’' A statement was made at the meet- Baptist church for conferences on j Monday morning, have been anpounc-(nity but fetleral suiH-rvision would which to make such purchases. iing by R. W. Wade, attorney, that a pfo^lon'* of Sunday school adminis-,ed by the county agent, ('. B. Cannon, i continue. provisions. They hopetl to push at that time pemling in t rat ion February 7. There will be two through and clear the *<>*■ • it he courts in connection with the cor- conference periods, one in the after conference to com|M>se aiiference> in Wade stated that the noon beginning at 2:30 and one in the the two bills. action was commenced on the ficst day’evening beginning at 7:30. Dr. D. V. Apparentljr determined Xm January through a comroittee ewm-• Canon, of the Abbevilin aaaociation, delay and push for speedy sine ^die Stone, A. J. Milling !bas issued calls for all Baptist Sun- adjournment this year both chambers reprejienting the | day school teachers to be present for had action docketed on appropnauon.-. action this meeting. I _ The house ^ixed Tuesday night to started for the purpo.>H? of lequir- Dr. P. K. Burroughs, secretary in Smith said his plan would ‘‘ab.so- The county committee board con sists of O. L. Long. I.aurens; ( . ^'-ijutely divorce’*»-agricultural banking Slone, C linton; and (\ B. Owings, commercial banking:. mgs. ing an a udit of the affairs of the cor- charge of the teacher training activi,- Laurens: .lohn l>egin considerjition .section by section of the $5,566,000 ways and means j ties of Southern Baptists, H. K. Ingra- money bill. The measure, hewed out assets of the cor- h»m, a.ssociate secretary of the admin- along the frugal lines of 1!#33, was ex- I ^^. 'istration department of the Sunday jiected to find favor with “economy- ^ ^. school board, and J. L. Corzine, direc- minded” representatives. On January 1>1 Judge T. C. Feath- t«r of Sunday school and B. Y. F». U. Oh the other side of the Stale Hou>e (Jreenwood, issued an order work for the Baptist denomination in the senate finance committee, carry- officers of the corpor- South Carolina, will be present to help ing out a resolution of the senators j H.afield, pres- •" these conferences, to rush action on the vital question, jj Young, vice-president;! The imnuxliate ulijectives of the will begin appropriations hearings ^ Finley, .secretary; Sol Stutt, conference will be to help superintend- without waiting to receive the hou^^ trea^^urer’ and H D Henry as a mem- ents with problems of enlistment and bill. i^P the board of directors, to pro- administration, to help teachers to an As a prelude to the double-barreled records of the corporation and undersUnding of classroom methods legislative round on the money issue the officers from di.sposing tbe curriculum, and to announce the “economy” crusading Farmers and property of the corpor- changes proposed in the teacher train- Taxpayers league fired' a blast for pending the litigation. Subse- mg courses so far as-they have been governmental reorganization t o the order issued-by Judge worked out. achieve ‘‘even greater economy” ^n January Isl, a con- This conference is one m a series out cutting necessary funcUons. signed by him on Janu- which have been arranged by .Mr. Cor- A sUtement from league headquar- ' placing the affairs of the cur- *ine to cover a major portion of the ters said: IK.ration m the hands of a gommiliec sUie. Four other points will be visited “If we intend to continue as a !»«*•"- [^^poged of C W. Stone, representing 1 by these three workers who are help- niahent policy the present hap hazard preferred stockholder*, and W. J. ing in this conference. Their schedule state governmenul structure the ways representing the common for the conferences will be as follows: and means commitee has done as *^1 authority Vested in j Spartanburg, Feb. 5; Greenville, as they could ask but that is the very committee to operate the plant Feb. 6; Greenwood. Feb. 7; lienmark, point of departure. ' pending the litigation pr unUl further Feb. K; Orangeliurg. Feb. 9; Florence, “The question is, shall we continue Feb. !«• the loose jointed set-up, with overlap-' Wade explained that the action! Mr. Corzine says, “The.se confer- ping services, with et^uktrauk p^erred stockhoWera » elecL-.ences are our oiienmg move in a cam- nec^sary expense or shall we officers could not change the paign tb win and hold 10,000 more » *i»t^ neonle in South Carolina Baptist The pul)licati<»n of the presidential communication was (piiekly followed by a trea.sury announcement increas ing the (|uotation on tiomestic newly Tn. ♦ . .. ^•on'm*“'‘CiaI banking, he said, re- mined gold from $.31.06 to $34.45, the The community, or contatt, men while the' fi„t>ha nge in the figure .since De- nameti ami distrut a.-'signments aiv. ly^^y nature of agricultural banking is cemlnT IS Clinton area: Richard Buford. Tan • . .. I 1 w . .l. - 1 11 M o .. I.' « n I T I.I op|HKsit». In jng action the pre.sidcnt did not M. Ray. W. K. Bell, L. T. Ijiw>on and standard crops.” S'mith said.' Randolph Davis. Viwers, O. I*. “t)ur standard crops,' ‘generally reijuire a year for nature’s comoletion. Then the farmer needs ad- actually devalue the dollar, .-•aying “lMH*au.se of w'orhl uncertaintie.< 1 tlo not Indieve it ilCsirahle in the [>ublic alue he now ulhorized by X the lower . alnation at 50 tions this plan would go far toward tp^.^ cent.” he adiled. “Careful study- stalulizing agriculture. It couhl he a p.ads me to believe that any revalu- Fouiuain Inl.: ,1. ttuy Whit.- an.l W. *“ (oddville: C. R. Wprkniari Kinards: ,fiin B. S|H*ake. A. I’atton. MountvilJe: Herbert Burns.. > Gray Court; Rhett .Martin. Waterloo: John H. Wharton. Owings; F. S. Stmldard, Byr»*n V’. Gray ami R. K. l‘eden. Ware Shoals; J. .M. Golden, J. Y. Martin, G. Dewey WimmI and IL O. .Ab ercrombie. that pre.sent statuatory value would not be cludiiHt several big ones. Credit Association I Opens Office Here’Esteemed Colored have been-sel up. public intere.st.” By perniitliiig the liank to act as j president' said he wanted the a .selling agent, orderly m®*'^*'*, jrovfrnment to gel any dollar profit gold con- out of such .. .. .-‘’ct up a money to |«y off^lheir loans as soon $2,(«)(»,()1>0,UO() fund for purcha.M-s and as the crop is in. ^sales of gold in the fc eign exchange. Smith .said his bill had been ap- special mes.-ige to congres.s proved by "a nunil»er of bankers, in- a .selling ageiu. orueriy •jrowrnmt'nt to gel any doll, would b«* encouraged and the j n'.suTfrng fr(*nij,^’utting the t would nut be glutU'd by farinei.s p,-(,|^,.-c,| that out forced to .^11 f<*r ready cash or | piofi^jj the government ..st he made clear he was hohling to hi.s “commodity” plans, -speaking of a fu- jtuie dollar hacked Ity gold “of such 4.weight an<l fineness a.s may he e.«tah- jlished from time to liiue.” ’ 'Minister Dies ,J';'’‘‘'V'"'"''"’H • ‘ ^ I the last outstanding sup|>l«,c,s of gold jin this country. The Rev. M. A. Cunningham, highly ^ vi^ch of this more th in .Li.oUh.OUI!.- resi>€*cted colored preacher of this! The Clinton PrcMluction Credit cor- * poration, to .serve the farmers of Ijiu- rens and Newlnriy count ie.s, ha.s open ed offices in the Jaed.s & company ^resi>ecien roiorea preacner oi in's j y,,,, building. Rex l-inford of W aterloo,‘!p„unty^ ^ade his home for! the secreliiry't l eas m et. is m charge past in his home *^iihe federal re.serve hanks. more e tu rr i t » i * i pre .Tw "f •'■»< at hia res,dene, l.-t .Saturday at lhe.,^„, „,j .ubled -K- of r- ''“‘I'ownership to our yold ivser.es in’th • luuicu today. It 1."' expected that the « Raotist minister serving . . ii- , 1 1 121 a- II I r ■ a * oapiisi miniMri, jai i y itself; it makes clear t * ^ t M u ix/vr»i o f i/xn %s* 111 Kaxavi w\ ff z nr at 1 1 r_Ai_' l-al ^,....^1..^*..... we reor- . .<ing oiuceis vuuiu _ , ganize the state government on a court’s orders. He stated people ^ . logical and efficient basis, grouping ^^e last order issued on school.s during 1934. We have doubled all relative services under one l^ad. j yjh permitted operation of our enrollment during the pa^ ^.jn functioning at churches in this and other counties, ownei-hiu of inv add 1 . , . and Uk.n. a leading par. ,n .he o.lu- have been introduced providinc f-j-ed the offieers and directors,per5on.s. We expect to add another cerUin reorganizations trh>eli would disposing of any of the nssels •««.««« by 1»40. These conferences are ba.ng gtout the desired economies. I J'*' icat.on.1 .ffa,r, of h.s rare. For »^ f,„„, , 'which has a capital st«K*k of ♦'*5,000,of years he faithfully .served*'^ ^The^r^^ft “n z to g..e a -wj—j ^d; 'f^rrbe^^.-bii-b.iirnT-.^r'^.rsinr'-.rt.: sbo:;.';.--t/t' ,zr,'n"/b:'’;uS tion and until an audit has been «.de.|»« new decade training .no.ement|, federal coo,wr..ive credit system to oiKh scho..l of lnuren.s. The committee, however, in their dis- wd^ ^ficer»for prmIuc-1 Cunningham had been a fie- Alters Tourney Rotftry cretion are permitted to seU any of * program , . , ^on Baotist 111 RrOftflf AEfr ^ manufactured goods for the pur-1 *.'™ state ” m DTOaaCUI. ^ defraying the expenses of pp- churches in our state. eration but for no other purpose*. ^ 'The Clinton Rotary club broadcast Th^niill is now running two shifts Q^HHf a program from Greenville over WFBC under the management of the Sunday afternoon from 1:15 to 1:30. committee appointed by the eourt- Dr. John MeSween, prciident of Wade, local altomey, repre- i Presbyterian college, gave a splendid ,«ents the preferred stockholders in the * review of the college, its history, aims ijjjgration. Blythe and Bonham of' Bruce Galloway’s Joanna Mills bas- and work. Greenville, represent the old officers ketball team, of Goldville, will return J. Ferdinand Jacobs,' president of common stockhiiders. to the Southern textile tournament the local club, made an interesting — this year to compete for class B lau- talk on “Clinton” in which he >«*"-; p i lULa« Galloway entered a fine marized its educational, religious, in-* * rWUyiCrittll lYMW team in the tourney two years ago, dustrial and commerci;i advaniage*. , EE A Fwlav . u The Clinton club Wma the scroad IW iTlCd. T riUttjf j However, Joanna was one of the member of RoUry Group 5 to broad- ! i first entries to file, application for cast over WFBC in a series of pro- j The men of the First Preabyterian; 1934 event, which will be staged in griims planned for members pf the cimrdj will hold their regular month- Greenville February 15-17. district. ily meeting Friday evening at 7 o*dock: — LAURENS ELIGIBLE LIST tion purpose.Sj Officers are ( interest. *’It wnuld also, of course, with etjual w rtf "mu'‘^.****”^ vi.sitor in < linton for the .justice, cast upon the government the ritv iirPHidont* J T McOackcn of'^'^^^ yrars wh^»^ J "'“"^iloss of such dollar value if the public city, prexidenl, J. T. Mc< raeken who an increase in the amount of gold des- Newberry, vice-pre.sidenl; Rex y^,^ his admirable traits Iford of Waterloo, secretary-treasurer ,h.,,^tcr. and who will regret Additional directors: C. B Owings of j^-^n of his passing 1 u “ iOwingx. D. E. Todd of tarksdale, and hi, .Salbe . Jack 11. Davis, Sr., of this place. Visiting Speaker president with- , - .held any additional recommendation F,. ( unninglmm. and four c 1 ten, silver “because I believe that we Sallie Fa. ( unaingham an at it ^ghuyjjj gain more knowledge of the ningham, both teachers, a married London agreement and laughter, Mary Means of ( harloUe. monetary measures.” Here Sunday Cunningham, a teacherJat TO MEET HERE ' in the church parior. Fdlowing the usual dinner an interesting program ! will be presented. All men of the con- ; Taurens, Jan. 15.—According to in- A meeting of District No. 2 of the gregation are invited. j formation received Jieijp today, the high school league has been called by| — • three applicants for postmaster at President J. K. Den*ick, to be held in NAMED ON JURY j Lauren* to make highest ratings as the Clinton high scho^ building on! js—*1 result of recent competitive tests were Monday, Jknuary 22, at 7 p. ■*. Thej James Allen Coleman of this dty.jC. A. thwer, D. M. Norwood and Ross meeting* has been called for, the pur-i ha* been drawn to serve as a gra^^D. Yo^Ug. Eleven applications were nose of discussing the vnrioas kagiwj juror si the term of federal court «»'filed fdr the poeition 6^ heM by J. On Sunday afternoon at four o’clock the Rev. Cary R. Blain of Guerrant, 1 Ky., Presbyterian missionary engaged Ridgeland. ’TO WORK IN COLUMBIA Jack H. Davis, Jr., local attorney, in mounUin work, will speak at the will be' in Columbia for the next sev- Thomwell Memorial church. He will weeks wlwre he will he connect- also speak-Sunday evening at 7:30 forj^d with the legal department of the Work Starts On School Addition Ground wa.s broken .Monday morn ing for the erection of four new class- • .r L .xr rt. . — - - .rooms a.s an addition to the .Academy the congregation of the F'lrst Presby-Ff’^deral Mnd bank. Mr. Davis states street .school building. The work i.s ^'•an church. i |that he will spend Monday, Wednes- ‘—" •*■■■'■— ' da-y and Friday mornings In his office SPEAKS HERE TODAY here! Dr, J. FL Mills, of the chemistry de-' partment of the University of South' Carolina, will address the PrCabyte.: rtan college student body this morning at the 11^56 chapel hour. The subject of Dr. Mills* address will be “Chenu- cai Warfare.” , RETURNS FKO.M TRIP The Presbyterian college glee club returned Saturdny from its second trip of the season. Pierformances were given on the itineiary at Bishopville, ijSfc'MgsTM Chester. being done under the siiiwivision of the county CW.A foi*ce.s, the supplying of all lalx)r*for the project being in charge of this office with the co.st of same cared for by the federal govern-- ment to aid employment. The rooms are being provided by the trustees to make the addition of several grades possible at this school and thereby relieve the presept con gestion at Florida Street schooi I- ' W- ■