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V / ■ >■ y: ■ r , CHRONICLE ' StriT^ Bt a Clean Newa-I pai^, CMiplete,.Newi^, and Reliable. ■wr.‘ If Tea Don’t Read THE CHRONICLE Yon Don’t Get The Newe, VOLUME xxxvn CUNTON, & C., THURSDAY, FEBRUARY ig, 1937 NUMBER 7 ir-rr Of Country $267 Per Person Treasury Shows Fiifure Far Over War-Time High. Most Is Owed To Banks. Washington, Feb. 16. — Treastiry ledgers showed today that if all th^ nation’s 129,000,000 inhabitan'ls pitch ed in to wipe out the tederal debt it would cost them $267.36 each. The debt, climbing since 1930, now starKls at -an unprecedented peak of FARM TENANT HELP SOUGHT President Calls On Ctmgress To Provide Security For^ Tctnants. Federal Millions For Aid Sug gested. Sale of Acreage On Easy Twins Proposed. Washington, Feb. 16. — President Roosevelt asked congress today to save the “American dream” Of indi vidual famTownei^Ipi, Reporting that it is increasingly is about double difficult for energetic young men to 20s and almost, ascend the traditional Ihdder from $8»^1^»000,000 over the. 1919^^2r?r-tnne^, hired man to tenant to independtntli'jyh* " owner, he proposed to bringi federal More th$n half of the debt ii owed Joanna Cotton Mills To Spend $350,000 On Enlarg^nent Of Plant Ground was broken Monday morning by the Joanna Cotton Mills at Goldville, for an extensive enlargement of the mill and the instal lation of 450 new looms. Contract for the addition has been awarded to Fiske-Carter Construction company of Greenville, who has headed the mill’s development program in recept years. Twenty-seven new hou.ses in the Village are also to be erected. The enlargement of the mill, add ing of new machinery, and erection of houses will represent ah ex penditure of $350,000, Mr. Moorhead stated yOtfter^y. .. I'Wnr. Regnery and associates of Chicago, a few weeks ago bought the controlling interest of the Hartshorns of New Yoik, in the Gold ville property. Mr. Regnery soon thereafter, through jtfheir local “mah- ager, W. A. Moorhead, announced the building and enlargement pro gram which got under way this week and will, be completed by June the first. , ' J millions, la their assistance. — • “Obviously action by the states alpite and independently cannot cure the widespread evil,” the president said in transmitting the report of his special committee on farm tenancy. “A nation-wide program under fed eral leadership and with the assist ance of states, counties, communities imd /individuals is the only solution. Most Americans believe that our form of government does not prohibit ac tion on behalf of those who need help.” His committee proposed: 1. Government purchase of good farm land for «de on liberal credit of individiyils-^the treasury does not terms to .selected tenants. Purchasers would have to pass through a trial leading period not to exceed five years, would have 40 years to com-^robi^ly has flowed into govem- to banks, another laiy^e chunk to in surance companies apd corporations and most of the remainder to indi viduals. There is about $2,000,000,000, how ever, that the government, in effect, owes to itself. This is represented by obligations held in trust accounts by the federal deposit insurance corpor ation, the postal savings system and similar agencies. Of the remaining' $32,500,000,000, bahks hold $17,400,000,000, of whkb $2,400,000,000 is in federal reserve banks. Insurance companies and cor porations and hundreds of thousands know how many—have the rest. Foreign holdings are not separately recorded, but much imported capital plete payment, and could acquire title in 20 years if their finances permit ted. . 2. Federal and state purchase and retirement of about 100,000,000 acres -of poor-4aad ap4 aasistance to and-down cour^ since tbOO, when tt ment obligations. During the first nine monthr of last year, $460,000,000 in foreign funds came to this country for investment The public debt, has followed an up- families moving from it to better farms. This would be carried forward at the rate of 2,000,000 to 5,000,000 4tcres^ja year. 3. “M^est loans’ ’to prevent small farm owners from slipping into ten ancy and to help tenants, croppers and farm laborers to increase their standards of living. The committee said abpgt 1300,000 tenant and crop per faniUea and members of otim grot^af “disa<htatttoged farm'Work- 'ert** nested sneb fed(i^ aesiatanoe. A A large «> take a large pmtUWMiii'IH' TMtflts from salee of land ntode wkkin three yeats after ita purchaec, Una waa proposed as a means to dwoourage land booms and to enable families to stay on and develop one farm. 5. State legislation toT improve the general leasing system and provide compensation to tenants for property improvements they make, ’ 6. Construction and operation of “decent places to live” for itinerant farm laborers. 7. Creation of a farm security ad- ministrstion, under the secretary of agriculture, to direct, the federal pro gram. A farm purity corporation would handle legal transactions con cerning purchase and sale of land, stock and equipment,' and the mak ing of loans. "" — The report went to a congress al ready considering various proposals to help tenants to farm ownership. Chairman Jones, Democrat, of Tex as, of the house agriculture, commit tee, commented that the president’s Tnessage was a good one. He express ed belief, however, that recommenda tions of the special committee should be broadened. Jones pointed out his own commit tee had been cqnductii^g hearings for several weeks on a $500,000,00 tenant aid bill offered by hinwelf and Sena tor Bankhead of Alatiama. The house committee expected to hear Secretary Wallace or a member . of the president’s special committee Thursday. Afterward, Jones said, a tenancy bill using the ,B<uikhcisd- ' Jones measure as a basis would be woiicsd out. In his epecial message submitting the tenant aid proposals, President Roosevelt said they would rcpiasaot a logical broadening of the adminis- trsAion’s present farm program. Urg ing prompt action, he said: “For the past 10 years, the num ber of new tenants every year has been about 40,000 . . . The p^pricul- tural ladder, for these Americans, has become a treadmill. “At the same tme, owners of fam ily sixe farms halve been ilipping down. Thousands of farmers common ly considered owners are as insecure as tenants. The farm owner-<H>era- /tor's equity is, on the average, 42 per cent, a^ m some of our best fanning scctiona, » aa little as one-fifth. “When fttUy half the total fium population of the Umtad State! no kmger .can fed secure, idira milliou of our people have lost their all in hnperaftave, and will be generally ep- the sdltjsotion^ provide eecurity is proved.** I —■ 11 I |2$.$39,66$ RAISED ^ FOR F^D REFUGEES Washington, Feb. IS^The Red Cross reported' Satarday that oon- tjribolioiia to ita flood relief fund' totaled $20,639,665. stood at $83,000,000, or $15.87 per capita. It dropped to $3,500,000, or only 21 cents per capita, in 1840. Lift ed to $2,600,000,000 by the Civil war in 1865, the debt stayed above the $2,000,000,000 mark until 1882. Fluc tuating iMtween $1,000,000,000 and $2,000,000;000 until 1917, it soared from $2,900,000,000 in the latter year to the $26,800,000,000 war high. Oovei*aneat surpluses, beginning in 1920, f(iK|aafd>be debt it reached ttw $l6,lbO«000,OOQ postwfr low, or 1181,^ par diaca than, the dd>t total Tims awilUy inersased. The bifgact yeady Jump—$4300,000,- 000—came during 1985 and 1936. The bonus payment last year was a major factor in this increase. Against the present debt, there are several offsetting accounts, which, if deducted in tJieir entirety, would pull it dawn about $7,000,000,000. These include “recoverable sesets” in excess of liability held by the reconetruc- tion finance corporation and other credit agencies. They are carried on ireasiuy books at $4,000,000,000. •In addition, the g&vemment has about $1,000,000,000 in its “working balance,’ ’or ready cash box, and $2,- 000,000,000 is “frozen” in the ex change stabilization fund. / Col. W. H. Dies In Gremidlle Was Well Known Leader and Citizen of State. Interment At Timmonsville Yesterday. Greenville, Feb. 16. — Funeral ser vices for Col. W. H. Keith, who died early Tuesday after a heart attack, were conducted at‘the First Presby terian church here Wednesday morn ing at 9:30 o’clock by the Rev. C. T. Squires. After the services here, the body Was tideen to Timmons^le for burial. / . Colonel Keith was bom/ in Tim- mbnsvUle in 1873, the aon of the late Jessee and Kate Sykes Keith. He at tended The Citadel and Central uni versity in Kentucky. After entering the mercantile busi- neee in Tmmionaville, he later served as mayor of #iat town and as cap tain in thf National Gua.id company there. He was a colonel on the staff of GavermH* Richard iJ Manning and of Governor Thoasas G. McLeod. Colonel Keith brought-hia family to Greenville in 1920 and founded the store which bears his name in 1925. He was a candhtete for governor in 1930. He had previour^y served Green ville county in the general assembly. He is survived by his widow and two daughters of CrSeimlle; a broth er, Jeeee Edfnunde Keith, of Wash ington, D. C.; a half broths, Dr. John MeSween of Chester, and a half sis ter, Mrs. Ralph K. Foster of Gohim- bis. T , , I ——■ I ■ I SOLdf>i SEEKING ' SIX-DAY WEEK Spartanburg, Feb. 15. —< R^resen- tative Bruce littlejohn^of Spartan burg,-said today t^t he would intro duce a resolutkm in the general as sembly tois week providing for a six- day work week. Under the present four-day plan l^psktors put in^only two- full work toyk, aa little ia d^ on the first and of ths week, Representa- liilc Citizens To Join F^eral System Stockholders Approve Recom mendation To Convert City’s Oldest Building and Loan Into a Federal Savings and Loan! Association. First Step Made/- Foft^ S. G. Security Governor Johnston Signs Act Making Assistance Pensions In State Possible. Columbia, Feb. 13.—The first step in the inauguration of-the federal Wr cial security program in South Caro lina was completed to<lay when Gov- ratifying the constitutional amend ment to make assistance pensions possible. The act amends the state Constitu tion to legalize the* payment of pen sions to the agpd needy, to dependent children and"tb*The blind. The con'sti- tutkxn had previously permitted pen sions for military or naval service only. • H .Signing <the act in the pi^once oT ficTal publicaUoh oT the clu^ his office staff and newsmien, John ston said he hoped “it won’t be long before I have the privilege to sign acts for old age penaiorai nad relief for crippled children «nd blind per sons and th^ I am looking forward to signing one for the farmers.” The governor sent a special ’ mes sage to the general assembly yester day to urge thsHt body to memorialize ctoffceas to include farmers in the •beial eecurity program. Johnston called attention to the tr iMRie it polMbinbt to be enacted for the payment of pen- etons, aaying many persons had ap parently mistaken the ratification for an act setting up the pension system. “Literally dozens of people have been after me to do something for them. I want to make it clear, how ever, that there is not a thing I can do at-the present time. South Caro lina has no social eecurity yet . . . “What is eventually done-in the way of laws is strictly up to the leg islature. I have made certain recom mendations "but that is as far as I am empowered to go.” tive y r tlejahn said. \ A special ’^totoholdei's meeting of the Citizerv.s" Bulling & Loan assd- ^rnor Dlin D. Johnston signed the act ciation was held Monday afternoon at the office of R, W. Wade, attor ney for the association, and presided over by Vice-Presi<lent J, P. Prather. The object of the'meeting Vr.s to pass upon a • recommendation- of the board of -directors to convert" the association into a federal Sayings and Loan association. The report of the directors stated that for sev eral months they had^been studying the possitte advantages offered by a federal charter and had come to .the conclusion that it would be a most beneficial step to take to/at tract many new investors for/the Meociation. It further stated that at the directors request, the Federal Home Loan Bank Board of Wiiwton- Sislem had made a thorough investi gation of the associaUon tod had gdvised that-44; could be eottvertod into the federiU zyetem. After a thorough eicplMMiiion ef federal plto and the featurce H offen not and jton syutem, the gtockholdem voted unanimously to / approve the directors’ action and authwized the hmnediate filing of 4 charter ap plication. /• It is expected th^ with the plan now approved by 4be etockhdlderB, details of convei:aion will soon be completed and the aasoeiation ready to function as a/part of the federal system with furids in the association insured up to/$6,000- in each indi vidual account. The Citizens has been in opera tion twenty-seven years during which time its record has bwn character ized by security and consistent divi dends for; its stockholders. It is head ed by toe following officers: M. J. McFadden, president; J. P. Prather, vice-president; B. H. Boyd, secretary- treasto'er. Board of directors: M. J. McFadden, J. P. Prather, B. H. Boyd, T. D. Copeland, W. J. Duncan, W. A. Moorhead, W. W. Harris, D. C. H^tw- tess and S. W. Sumereft. Thennas To Lead College Services Amiounceipent'waa made this week frons Preab:]torian. college that the Rev. J. N. ’Thomas, D.D., pastor of the second Presbyterian church of Charieston, will be the apMker dur^ ing the annual week of religious ser vices for the students which arill be- gULHeJCt Monday, February 22nd, and continue thrqto^h Friday. 'The first service of the series will be, held in the First Pretoyterian churoh next Monday night at 7:30, at which thne Dr. Thonm will speak, with' an invitation extended the gen eral public to .be present For the re maining week he will apesk dsily in the college chapel at 11:45 and at the church foi’the evening services. Dr. Tbombs is one of the outstand- ng ministers of the Synod of South Carolina and his vistt to the college next week is being looked forward to with interest both by the faculty and student body. Smith To Oppose Court Tampering Greenwood, Feb. 16.—U, S. Senator EMison'D. %mith, of South Carolina, wrote F. W. Hahn, Jr., of Grfeenwood, that he was “UnaHerably opposed to any changes either in the number of supreme court justices or allowing any president power to increase the number.” ^ “It is the keyartone of the arch to our American form of government,” the senator wrote in reply to a query. “The appointments are made for life. Every Ameri^ao shoiUd resist with all the power in him any attompt to suh- Lions Club Honors John H. Yolimg Presents Token In Appreciation of His Outstanding Services To the ComPiunity. The Li^s club, at Its meeting la.st Friday evening,^ honored John H. Youngj of,this city, when it presented him a plaque suitable for framing and appropriately inscribed and sign ed by each member of the club, ex pressing the organization^ appreci ation of his services to the commu- nRy. The presentation of this token is an annual affair and the recipient is a citizen of Clinton who, by vote of jthe club, has rendered meritorious service to the city. ^ Circumstances prevented the at tendance of Mr. Young, but Hugh. L. Eichelberger, president of the club delineated Mr. Young’s services to the city, covering a long period of years. Beginning as q young man, Mr. Young has manifested gpaat interest in the development of the city, espec ially in connection with its'institu tions. The college, the orphanage, the Presbyterian church, and any other agency seeking to serve the commu nity, all have had the interest and support of Mr. Young, who with upr. failing regularity has contributed to their advancement. — This was the second such “honor night” of the Lions club, the first being hold a year ago when William P. Jacobs, president of Presbyterian college, was the rroipient of the honor. The folll^ing is taken from the last issue of “The IJons Mouth,” of- Many Changes In Business Firms Irby S. Hipp, of this city, yester day handed to The Chronicle the first petition signed by Clinton merchants and business houses agreeing to a half holiday closing for the summer months of June, July and August. The petition is 17 years old, having been circulated in 1920.. r In looking over the petition it is interesting to note that it contains forty-two signatures. Of this number only the following ton are still in bus iness under the same firm names: M. S. Bailey A Son, Bankers, J. B. Fjxmtis, P. S. Jeanes, Copeland-'Stone conrpany, R. W. Johnson, Depitiwt, M. J. McFaden, Dentist, Baldwin’s Gro cery, Richey's' Baiber Shop^ J. M. Pitts>and J. I. Copeland A Bro. Four other firms sigmng the petition are still in business here but under dif ferent firm names. They are Prather- Simpson«Fumiture company, then the GiU]oway-43impson Furttltiire. com pany; L. B. Ihllard, then Dillard A Dillard; G. A. Copeland A Son, then J. H. Phinney A company, and City S^lee company, then Adair Furniture company. • “Friday night has been set aside as honor night by the Clinton Lions club. In our attempt to hortor the out standing citizens of Clinton, we honor ourselves, for we are the recipients of the loyal and uhieirish service to this community by its outstanding citizens. ^ “Friday night <«is our honor night for Mr. Jolm H. Young. The Liov club considers it an honor to rosog- nize the loyal and unsdfish service that this citizen has rendered to this fact that ths set aigned by him msre-i oommonity. Few people know ef the ' '' Si"' ' - - - many wondeiful tHThgz 'Ke‘kto done for this community and its institu tions. This great character goes about daily doing good, never seeking any glory or recogrrition of any of his many deeds. Mr. Young reuses to have any honor bestowed upon him, but the Lions club is anxious for Mr. Young as well as the public to know that we appreciate the many fine things that he does daily for^)^ community, its institutions aljirm oitizens. Service apparently hM be come a virtue with this loyal citizen, who lives, moves, and has his being among a people that do appreciate him. “This very fine gentleman is com mended to each and every one of you as a living example of a super-citizen. “The Lions club wishes to present Mr. Young with a token, signed in person by each of the members of the club in appreciation of the very fine example that he is setting to the younger citizens of our communily. We trust that we shall have this liv ing example passing amongst us daily for many years to come.” LOCAL OPTION UP FOR DEBATE Senators To Air Views On Li quor Question. ,^^nate Side Predicts More Money Will Be Needed. Aid For Farmers Is Urged. Columbia, Feb. 17.—The question of whether the state shall have a local option liquor law, giving the counties and municipalities the opportunity to say by popular vote whether they- shall permit the legal sale of intoxi cating beycM-ages, is »chejlule<l to be debated in the senate beginning to day. , A bill proposing to submit the ques-^ tvon to the electorate was introduced in the senate January 28 by Senators lianey, Lide, Nicholson, Abrams, El lis, Cromer an<f Ijancawtor. It was re ferred to the judiciary committee which reported it out favorably with an amendment raising from 15 to 25 per cent the number of voters neces sary to petition for an election in any county or town dwiiring to pass on the question. The senate ye.sterday morning de bated at length and killwl by a vote of 16 to 7 a bill by Senator S. M. Ward of Georgtrtown to allow this state to enter into compacts with oth er .states to permit peace -offcer.s to cross the state lines in running down fugitives from justice. Senator Ward explained that the As.sociation of Iaw Enforcement Officers of the Oarolinas indorsed the* measure. The .senate took a standing vote on the motion made by : SenaL»r Tlarvey to “strike the enacting words” from the bill. “I may be. old-fashione<l,” the Beau fort senator said, “but I beHev€ in state’s righte, of which we are losing every vestige.’ ’He declared Senator Ward’s bill went too far. / Senator Abrams, of Newberry, said he favpred the ensetment of a bill establiahing a compact allowing of-- fiMTB to croas atate lines in the ptn*- suit of fugitives from justice He said Indiana and Michigan had such an agraement and it was working out Many On Rolls For Old Age Aid Washington, Feb. 16—^The aocial security board, announcing that it had on file 23,476,461. employes ap plications for paltlclpatkm in the old age benefit program, reported today the largest number came from New York. Chicago WM second in the list of cities, but Pennsylvania had the sec ond Isihreet state total. Other state totals hMloded North Carolina 466,- 710; South Carolina 215366. Wasson Advocates Gai Tax Division Representative Robert C. Wasson, of this county, is a co-author with six other house members of a measure to allocate two cents of the six cents gasoline tax to the various counties of the state. One-sixth of the tax al located to the counties would be dis tributed to municipal corporations for street improvement. The bill has been referred to the ways and means oora- mittee. TO HOLD EXAMINATION . .^nouncemeht has been made by the civil service commiseion that an open competitive examiTiatton will be held soon to fill the positioh of post master at Goldville. Postmaster Wil- liam E. Blalock, who had held the of- the supreme court of Aiueitea to If ice for seven years, died in Decem- of politics.** jber. ’ HONORED AT WINTHROP Miss Peggy Spnint, daughter of Mrs. C. W. Stone, of this city, was initiated this week into> Phi Sigma Delta club of Winthrop college. Mies Sprunt is a member of the freshman class of Winthrop and has been a pledge of the club since October. O 1 DEATHS from AUTOMOBILE . " ACCIDENTS in LAURENS COUNTY 1937 Let’s Strive To Make Tkia a Safe Tear On tke HiRhwaya. Senators Laney, John F. Williams and others opposed the measure. The senate adopted a concurrent resolution from the house inviting Major General Frank Paricer, retired army officer to addr0S.H a joint ses sion of the assembly at 11 o’clock Friday morning. It' also, approved a house resolujUc|i - to hear Joel R. Moore, directorof^e federal proba tion system, in joint assembly today. A resglution asking congress to ‘include persons engaged in fanning as beneficiaries under the oW-age- benefit provisions of the social secur ity legislation” was adopted in the senate. The proposal was first re ferred to the social security commit tee, but it was recalled and adopted. when Senator Williams, of Aiken, hunroroualy reoiarked that reference would “only delay congressional ac tion.” A second message from the gover nor, also delivered Friday, urged the legislature to extend permanent sta tus to the temporary department of public welfare. It was received as in formation in the hou.se and referred to the eocial eecurity committee in the senate. The senate received a concurrent resolution fixing the time for election of trustees of Winthrop college, but it was paased over to allow absent sena? tors to participate in deliberation on it The day saw no progress on social security measures before the two bodies but Senator S, M.. Ward, of Georgetown, chairman of the finance committee, aaid he believed a social security measure would-require that “more come from somewhere if we -want to stay out of the red.” “There are not many people who know what social security is all about and I, for one, am in favor of know ing what we are doing before we do something we shouldn’t have done,’* he said. ^ ' “It looks like we might be here quite a while,’ ’he .said when asked to predict tiw length of thfe session. He said the finance committee ex pected to complete hearings on the general appropriation bill by the end of the week, but that the group would probably nnake considerable reviaions in the bill when it leaves the house. “You know,” he said, “a lot of time the house just sends us a bill leaving out some things they know -will have to be include.” MEN MEET TONIGHT The Men-of-the-Church of the iPhnat Preabyterian church will bold their regular February meeting in the din ing department of the church tonight at 7 *30. Following the serving of sup- pe- by one of thejcir^lts, an interost- ing program under the direction of toe neoclyrelected deacons of the church will be presented. All Presby-. terian men in the city are cor Hally invited. 'J'i \