University of South Carolina Libraries
III I iTO™»wrr-r-'-'^ . :y i ■■■■■• ^ I r."^W<a;'Mcm - ‘.h'■ f' -'■■<» ' . -- " ^ Cmmnk - II. S. BAH^ & SON, / Baidcera' «rlClint«i. ia tlM SUte of S. C At C3iMe of BmiiieM on. Dec. SI, 1936. < ASSKTS Ctali, balances with other banks, and cash items in .. process of collection. $191,46r.89 Corporate stocks 23^4M*W1 Loans and'discounts 811,999.03 ^ Overdrafts .... :... 6,050.88 •if- Investment in banking house .... 17,608.97 Other real estate owned, includinir |8,117.49 of * , farm land .... '.i.; 20,844.63 J Other assets . .. ^.. ^ 8,059.37 TOTAli .... .:.. .41,292,120,77 LIABILITIES AND CAPITAL Deposits of individuals, ' partnership^," and cor porations : (a) Denwtnd deposits. $999,741.93 (b) Time deposits evi denced by savings pass books NONE (b) Other time deposits 171,351.86 State, county, and munici- . v pal deposits :... 68,976.01 Certified and o f f i c e r s’ letters of cre<lit and trav elers’ qhecks sold for .' cash, and amounts due to Federal Reserve bank (tiWsit account) 41.61 TOTALXDEPOSITS—$1,240,111.31. ' ‘ ‘Bills payiable, rediscounts, an<r oth^ttabtttttes ^tof ’ ~ borrowed money .. / ^lONE Other’liabilitieX. NONE TOTAL LIABILITIES EXCLUDING CAP ITAL ACCOUNT^:, ....$1,240,111.31 Capital account: (a) Capital stock and \ . capital notes and de- \ "beniures $20,201.40 (b) Surplus None \ (c) Undivided prof- " its .. -- . 31,808.06 Total capital account . - 52,009.46 • • * I TOTAL LIABILITIES AND CAPITAL $1,292,120.77 On Dec. 31, 19367-the required reserve against deposits of this bank was $75,461.04. Assets reported above which were eligible as legal reserve /amounted to $191,451.89. Assets deposited with State authoriities to qualify for the exercise of fiduciary or corporate powers, or pledged for other pur- purposes 65,000.00 Deposits secured by pledg- ^ assets pursuant to re quirement of law .... 24,610.41 “~I, R. C. Adair, Cashier of the above- named bank, do solemnly swear that the above statement is true, to the best of my knowledge and belief. R. C.-ADAIR, Cashier. State of South Carolina, ’ Count/of Laurens. Sworn to and subscribed before me this 8th day of Jan., 193^ and I here by certify that I $m not an officer director of this bank. J. A. BAILEY, NoUry Public. My comthission expires at the pleasure of the Governor. r ‘ r .iWW,' ■1 •. t 1. ' \ ' A ^ \l it- TOE CLPW^ CHHONICLE. CLIWT&lA 8. C. j / 10DAY«i«l frank PAftKCR SrOCKBRIOOk New Mhiistar • \ Given Wdcmne RELIEF jrr^An Idea One of my nei|rhbor8 made a sug. gestion the other day of a way to cut down the number of persons on re lief. ‘^Publish the names of all who are being supported by the taxpay ers,” he said. “Post them on the bulle tin board in every post office and town hall, and the amouynt they are getting from the public funds.” I think that is an idea worth con sidering. Once everybody in the com munity knew who was being paid for not working^/ and how much, a good many would be sbamed into tak ing work when it was offered. __ The cost of relief can never be cut so long as folk find it easier and more oo'mfrotable to live without working. I .have no sympathy with the prin ciples of Communism, but 1 was im- p^ssed the other day when I read that Stalin, the dictator of Russia, had issued an '^ict that “he vdio does not work shall not eat.” That was the rule of the Plymouth colony. It is the only sound basis on which any so cial order can long endure. (Continued from page one) and those who have follow^ closest to him hayq been more keenly coHr scious of his distance from them. The closer we live to him the deeper Js iour conviotiin that he is the Christ of God. , Aft, we study the life of Jeswi we see it so burdened with the reality of God, 90 concerned with thg^qentral problem of humanity, so ladened with truth and grace, that when we ^would know the facts about life’s ultihiates we insitinctively turn to him. We are astonished at his words about being one with the Father, but in observing him we acknowledge that he has a right so to speak. He claims forgive- ne.ss to sinners, yrith such authority that we would revolt should another claim .such power, but our Christian detkil^ coimected with the' resuri^ tion, yet the craciTied Christ became Lord through .the resurrection fact. By his vtoCory,, Christ has brought life and immorUlity to light In him God is accessible to all who will trust and o'bey. By this experience he is our life, our futuM, otir alL And erhth we meet this requirement ot full aor- render; then, and not tmtil then, can we say with Paul, ^For me to live is drEiSt** And what seems to be'a com plete abandoning of life in, a wreck- leu faith turns out to be life at its best “But we preach Cl^ist . . . cruci fied . . . the power ^ God and the wisd<nn‘Of God.” He is the foundation of our religion; he is wisdom; he is power; he is C^. > , lL f.:: r •i» THUH$DAY, JANtJARY 14, W7 EARCH NATION FOR ^DNAPER (Continued from page one) arrangements although arnured the family was ready to take the $28,000 ransom to hhn. “ ~ Gordon Moirow, 19, farmjbtoy who found the body, expressed the belief it had been deposited in the snovq last Sunday night about 9 o’clock. He re called the frantic barking of dogs about that hour. Automobile tracks and the foot prints showed the killer had japped his car about 150-feet from the spot and carried the body to whepe Mor row found it. . - Blue-gray clay found under the I {Inger-nails of the victim correspond ed with soil types along river bottoms of this section. Tbe^ est^tl scraps of inforiMtion s gestM thsA the abductoi' deposited the body in some hideout place along a streiun bat for some reason decided to move it. “He was too yellow to eome out of hiding and obtaiq the money,” said Sceva. Sceva said the contacts were made by letter and telephone but did not go further into details. Subsoibe Ta THE CHRONICLE “The Paper Everybedy Reads” VOTE,S — Aliens > Another neighbor made another suggestion, which interested me and the rest of the group who were dis cussing the relief' situation. “Don’t let ’em vote,” he said. “Probably it can’t be done, but suppose the state should pass a law di / ■ RUBBER STAMPS A^y kind, to fU any business. 24-hour ler- vice. Reasonable prices. .Telephone 74. The Chronicle Publishing Co. Printers • Stationers disfranchising ev erybody who is being supported at public expense.” Nobody knows exactly how many people are drawing relief money, with r without working for it. One of the r^sons, 1 am told, why the taking of an Unemployment census has been de layed,-is the belief that it would dis close the fact that a million or two -illegaliy in this country, are living at' the expense of American taxpayers. TTiat would put it up to us to send them back where* they came from, which can’t be done for two reasons. We haven’t ships enough, and the countries of their origin wouldn’t let ’em land. INSURANCE We offer expert service and protection. Agent for some of Ffr%. fiBiiranci^ C America. REAL ESTATE^ y Town and country prop* erty. Prices attractive. Clinton Realty & Insurance Co. ' a a BOYD. Acmt MINERALS — Ownership Who owns the piineral resources of the nation? In Pennsylvania and in California tkdt question is up again. The big anthracite coal com panies of Pennsylvania shut down many mines. Unemployed miners and others have been working these mines and making a living selling “bootleg” coal. Public sentiment has kept the authorities from interfering with them. Governor Earle says he wants to have the coal declared publict prop erty, so^that anyone can mine it un der license from the state In California'many oil wells are away out under the Pacific ocean. The state claims ownership, and some oil operators pay the state for the right to take out the qil. Now the federal government says California doesn’t own the ocean or the oil under, it, but that i-t is the property of the nation. The New York law is that all min eral deposits, belong to the state. Re- gardle.ss of who owns the eurfhee land, anyone can file a mining claim by agreeing to pay the state one- quarter of the revenue from it. That seems like g(^ sense to me. » • ITS- / i being a cri^ of the FLOWERS — Growers I’ve bought (or wife . has, whi comes to the same thing) a gi many hundreds of packages of fl^er seeds in a lifetime. Some of /them “came up’ ’and bore floweri^ which more or less resembled the picture on the package or in the catalogue— Ind lota of ’em didn’t! ■ Evrer have that bappem to you ? The state of New York has a new law which puts a penalty on any one •elUng flower seed^^whose blossoms don’t match the pi^res. I don’t know whether this wi^ result in toning down the pictu^ or improving the seeds, but to me'it seems as imp^ tant to protw the (flower grower as any one elM. The more flower gar dens the-bjmer. . GRi^SHOPPERB.— This Year Jtts^as the farmers of America havy begun to look forward to the largest wheat crop on record for 1937, bureau of entomology pmes ong and takes the joy out of me by predicting the world’s largest crop of grasshoppers for this year, in moat of the wheat-gToYring states. They’ve been counting grasahop^r —not all of them, of course;^ but enough in selected samples of earth to give an. idea of the total—and the 'result is pessimistic for all of the /rbeat states except Minnesota, Wis consin and Michigan. * 'Which indicates again that if Moth er Nature is left alone will find her own way to solve the problem of crop control.* experience with him makes us wiB- ingly conclude that divine preroga tive. Wp listen to his simple words filled with wisdom, and in pondering and obeying them, we find that they are truth and life. To us he i's the foundation of our religion because he is the fact of God. II. But Christ is more than a sov ereign fact. He is historic and pres ent power and wisdom. He is the so cial and individual way, truth, and life by which every orie must come to the Father if he is to inherit eternal blessednesR. The ^ts might be con- imued. untoMlua "day and the duponi- cle of his mighty works would fill countless volume^ _^which, if they should all be written, I suppose that even the world Hself would not con tain them.” This wonderful power haa been variously interprejted butdn spite, of these variations his personality has made its .impress, for the fact of him is greater than, the logic of him. Christ’s peculiar power is in his ability to reach men. He defies time, .space,, race ami environment to ac complish this objective. He has a way of .studying us and walking right out of the gospels, possessed w'ith the power to attract the human soul. Je sus will not let us argue coolly about God and life; he tells us as he did Nicodemu.s, that God is not known in aimless formalities or logical debates but in honestly and actively striking out on a new path that involves sur render and trust. Following Jesus implies repentance of personal sins, implicit faith in him •8 Savior, and intimate life with him as. I daily identify myself with his mind and heart. We must sepk to live “in Christ,” and such involves a re lationship in which our whole heir is bound up in a believing, not a cal faith. It is like' the life branch in the vine, of the sheey in the fold, of the son in the pa^mql hou8ebold.._.And only in the nttiasure that we come unto (5hri8t will He come into us. But (Wrist’s present powe/ and wis dom constitute a social way. He is the fountain of a new^fell^-conscious- ness. Within him Inre ia a grand ex istence that identifies itself with com rades and kindred spirits. Christ of fers no social “ism” by which society can be translated, but he doer offer a dynamic for sq^iety^ In him Chris tians do not live apart from their fellows, filling their “bams” with goods apd priding themselves that they are ind^endent of each other. Their ideal involves a new responsi bility for humanity that creates comradeship with all men, and behind this consciousness stands the Christ who i« the present wisdopi find power of € — MI. Christ is also our hope for the filture, and as little as we think of it, the whole of life’s structure rests on this hope. _ | . If tl^ere is no God behind all things who shkll some day come forth to judge the quick and the dead, then what is the use pf noble living? Judged by the bare facta of life and history we must admit that no one can give a mathematical or acienti^c proof of the personality or existence of God. But thfre is a spiritual assur ance in Christ that makes our religion vigilant and virile. It makes (Chris tianity, not only a present but a fu turistic religion, a religion of redemp tion, of forgiving grace, of hope and ioju-Take tlu# theology of the coming 0od out' of Chriellftnity and it be comes a mere sociology, an ethical system of high expediency, a philoso phy that rises* iro higher than our moral systems. This hope was declared to us by Jesus Christ. If ever there was an as surance extended to. a doubting and imperfect humanity as to the grace of God and the future life, it was in the Savior. H4e cross and empiy tomb will stand forever as a rebuke to the man who seeks to find God by scien tific investigation or natural reason ing. These may lead to the vestibule of truth but have no power to bring one into the ‘^holy, of holies” of spir itual things. But in (Christ a door has been open ed and through him we have access to God. And though our critical ca pacities may stumble at the array of FOR THE NEW YEAR OFHCE SUn^UES CHBONICLE PUR CO. GLEE CLUb TO TOUR Presbyterian college’s 1936-37 glee club will leave (the Campus February Brik^for its annual tour. Their itineN ary will open at Anderson and then will turn south into/ Georgia, with performances given mt noon qxid in the evening throughout the week. The club ia headed by Dr. S. M. Huntley as directmr^. SUBSCRIBE TO THE “Tile Paper Ererybady ICLE f- (il") OIT OF THE ALL THREE CLASS J c- THIS GREAT BIG CAR NOW ONLY A FEW DOLLARS MORE! 'J? \ i Actual photograph </ Ntuh LtFtytttt-**400'* 4-Door Sedan with trunk • • yasp^l ha astaaishad fa Had haw Mflla aiart iMt big Nash casts! # The new Nash LaFayette-"400” is a big ll7-mdi wheelbase car—much bigger, much more luxurious than any of “all three” mall cars. Yet the 4-door sedan dtliverod to your door is only a few dollars mm%. The Nadi Ambassador Six is a big 121-indi wheel base car. The Nadi Ambassador Eight is a luxurious 125-indi whedbaae car. (Automatic Cruising Gear available on all Nash cars at dight extra coat) You’ll be amazed at the low prkat. r. NASH ^IVES YOU MORE FOR YOUR MONEY W.MminSt. a A MOTOR SALES CO. CUaU>ii.S.C.' BOOKS A We Have a Complete Line All Sizes Gash Books - Ledgers -Joamals Day Boohs, etc. Time-Savers for the Office A well-equipped t^Oce is essential in t LKt df every jjusiness—it savM tune am efficiency. Hwe you u everydiing need urOffice Siqiiffies New Year. -1 , Pidduhors Telc|dione No. 74 / Ihrinters - Stationm GBnton,S.C \