The Clinton chronicle. (Clinton, S.C.) 1901-current, January 18, 1934, Image 1
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THE CHRONICLE
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The New*.
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THE CHRONICLE
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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- ■