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(Hijrrani (Cbroutrlc 8< Successor to The Cheraw Reporter, which was established July 9, 1885, and entered as Second Class matter at Cheraw, South Carolina. j C J. N. STRICKLIN, fl Editor and Manager. f( g( Cheraw, S. C., September 20, 1917 ^ tc Representative W. F. Stevenson in a speech delivered in Congress on Tuesday sure scored the DuPont pow- p der people and food commissioner A Hoover. In a very few words he clearly showed that the government was responsible for the falling off in 8j the price of cotton and cotton seed, ii The Chronicle regrets that it is not ti rr in a position to publish Mr. Steven- ~ son's speech in full as it is a most forceful presentment of a very serious proposition. 7 9 We hope that our farmer friends 2 will not rush their cotton on the 61 is market. There is opportunity to get A money on cotton by storing it in a warehouse, and the price will surely e< go back to 25 cents in a short time, fc and we would like to see the producer share in the advanced price. ^ The supply of cotton is short and c< nothing is keeping the price down but ^ the speculator. Of course the specu- w lator and the manufacturer want to buy the raw material as cheap as they p e1 can, but look at the price of the mann ufactured article, and then compare Ir it with the price when cotton was 15 it cents the pound even, and you will see that cotton is cheap even at 30 ci cents the pound, and the price of t( cloth is not coming down as cotton goes down. And bacon and flour and d corn and other things are away up 0 and only cotton is going down. The ^ remedy is to put your cotton in a ^ warehouse and if you have to have d money go to a bank and get it. Banks generally will be glad to lend on cot- P ton and will give a reasonable rate of c' interest. Cotton is sure to go back ^ p to 25 cents and probably 30 cents and The Chronicle would like to see u the producer get the benefit of such a v get it is to store your cotton and E s keep it off the market. c c FUEL SCARCITY IX GERMANY. t I Difficulties With Winter Supply Have t Already Begun. S f Difficulties with the winter supply b of fuel in Germany, already are be- e ing felt says a letter from Copen- p hagen, Denmark. $ Butchers favor keeping their places a open late two afternoons a week, n otherwise to close with the sun. The c jewelers plan to keep open only on j] those days when artificial light is un- t necessary which, during the north u German winter, are very fewr. The ! n city of Stettin already has suspended n street lighting entirely on account of t lack of coal. t The German press and public are for the moment far more keenly in- n terested in problems of fuel and food j, than in politics. Discussion of ques- c tions of constitutional reform, except a for angry orders to President Wilson ^ to keep out of German affairs, has j, practically disappeared from German f newspapers since the reichstag com- c mittee went home and the problem of ^ the potato is now the topic of the r day. 0 Farmers are proclaiming an aban- i donment of the compulsory adminis- f tration of the crop and of maximum I prices and the return to the system t of commercial demand and supply as s a panacea to insure the necessary d supply for human consumption. o Urbanites, on the contrary, main- fi tain that unless the government per- v sists in its determination to seize all P potatoes the profitable pig and steer h will get most of them, because in no * year during the war has there been f' such an Incentive to use potatoes for fodder as in this year of the very un- t; favorable fodder harvest and humans d would get potatoes only at prices im- c nncaihlp for thp nnor i' Vorwaerts demands an immediate t' increase in the potato ration to ten s pounds weekly at a reduction in the h price and declares that it is impos- t< sible to work and sustain life on the a proposed ration of 5 1-2 pounds of ti potatoes, 1,050 grams of bread, 250 a grams of meat and SO grams of fat. a Vorwaerts points out that this year v the scanty harvest of oats and bar- ii ley will not permit a supplementary tl ration of oat meal and grits by which t alone the people tided over last spring. t< o Costa Rica has severed relations f< with Germany as a result of German fi conspiracy against the republic. c LEARN VALCfe OF COTTON f enator Banks Gives Farmers Some ? Timely Advice. j f ???? a Columbia, Sept. 16.?President ' , A. Banks, of the State Warehouse ommission, who Js State Senator, om Calhoun County, has Issued the >llowing appeal to the farmers of outh Carolina and of the South, ur-, I Ing that they inform themselves as! ) the real value of their cotton that ley may for the first time realize an dequate return for the labor ex- i ended in producing a cotton Crop: < "On Sept. 9 the Department of ( .griculture of the government at ' Washington issued a statement on t n cotton, in which appeared some < igniflcant facts which should be kept 1 l mind by cotton growers at this me when there appears so strong a * lovement to depress values. Mr. 1 nsley, the assistant secretary of ^ griculture, in this statement says: 1 "Last year American takings were < .491,086, and last years exports 5,47,165, making a total of 13,438,50 bales, or 939,250 more than the 3tlmated crop of this year, and there i no apparent reason for a decline in merican takings or exports. " 'An increase in exports is expectI with any improvement in shipping icilities. " 'It circumstances should cause a ecrease in exports there is likely to e a corresponding increase of Amerlin manufactures, because the world lust have clothing and its stocks ere never so low as at present. 'From these facts it would apear that a crop of 12,500,000 or ren 13,000,000 bales this year will ot exceed the world's eager deland, unless some unforeseen calamy should befall.' "Referring to the attitude of finanlers, Mr. Anslej' makes this statelent pregnant with meaning to cotin producers: " 'They do not visualize cotton in ry goods now selling upon a basis f thirty to forty cents,' meaning, f course, that cotton is worth thirty ) forty cents per pound based upon tie market value of its finished prouct. "When flour is selling around $6 er barrel the wheat growers may onfidently expect $1 per bushel for is wheat; when flour reaches $12 er barrel he gets around $2 per bubel for his wheat. To find the vale of cotton seed, note the market alue of oil, meal, linters and hulls. tvA?"""" 4h'? Kaa<" you J' [iay know what you "Will get for yourj' eed before the end of the end of the 1 rushing season, for the supply of otton seed has not yet approached he demand for its finished products, 'or the first time in cotton history he supply is not equal to the demand. Ihut both eyes and ears to the artul jugglery of figures by cotton gamblers; hear what the American Govrnment through one of its great deartments says to the sweating thouands who labor to provide clothing nd food (yes, food, for where fs a oore important article of food than otton seed?) for the Allied nations ti stress of war. Cotton is worth hirty to forty cents per pound based) pon the market price of its finished roducts, and there is an apparent deaand for approximately one million ales more than the present year's esimated production. "The importance of such a statelent from such a source could hardy be exaggerated, and should give onfldence to cotton growers who re threatened with stampede by inerests who hold only a scare-crow n their hands, which wears a false ace of figures to conceal its real haracter. For the first time cotton las reached the plane of other raw uaterial where its value may be reckned on a basis of the value of its finshed product, and the value of its inished product may be ascertained iy any one who will take the trouble o weigh a bolt of common brown heeting, see its value in pounds, de-J luct twelve cents per pound for cost f manufacture, an additional two to ive cents per pound for profit, which rould mean $10 to $25 per 500iound bale, and the remainder would Ddicate the value of raw cotton, rhich is at the present time over orty cents per pound. "If the safety of our country in ime of war demanded, I have no oubt that growers of cotton would heerfully make whatever sacrifice ; price was reasonable, but neither he government nor the public conume raw cotton; both are paying uneard of prices for manufactured cot- 1 >n. The government, the public nd the cotton producer are paying ribute to the manufacturers todoy ' t a rate before unknown and unlmgined. If these are not facts, I in- : fte the 'Cotton Spinners' Association' t New England, which recently 1 lirough their representative in the i o trolncf tlm i iiiir-u gidliro yi uivoitu ?'??*v?*v xport of cotton to neutral countries, i i show wherein they are false. "I have no fear that the better inarmed will fall Into the trap so arttlly laid by sordid corporate inter- < sts, and appeal to this class to in orm the less informed on-the rt alue of cotton that they may'for tl Irst time realize an adequate retui or the labor expended in producii , cotton crop. J. A. Banks, 'President State Warehouse Associ tion." A MILLIONAIRE SOLDIER. Col. Cornelius Vanderbilt is Station At Spartanburg. Sunday afternoon some newspap nen came across an officer seated i fly tent in the edge of a cotton fle >n the west side of Camp Wadswort There was no floor in the tent, ai he furnishings consisted of two can :hairs. Just those two camp chah Nothing more. The officer looked up pleasant ind greeted his visitors with a ami: Hie was a rather tall, slender ma vith a neatly trimmed Vandy )eard and a mop of black hair i ilined to be curly. He had clear.bl ;yes and a rudy skin which proclaii ;d plain and sane living. The officer was Colonel Cornell Vanderbilt, commanding the Twenl second regiment of engineers, a m ionalre a good many times over )ne of the wealthiest men in t country and by odds the wealthi< nan in the United States army todi rhere was nothing to indicate weal )r luxury in his surroundings, but seemed to be contented; and, in fa aappy. Colonel Vanderbilt has been in t habit of riding around over the cou try in a private car, and if he h been in any particular hurry he b 3imply ordered out a special tra: for he is a railroad magnate. ] awns railroad stocks and bonds the bale, and he owns more than o sntire system outright. But he cai to Spartanburg from New York on troop train, which made consideral less than 20 miles an hour, and lid not have any special or extra i commodations. And he said he ? joyed the trip. Colonel Vanderbilt has always be fond of outdoor life, and the Natlc al Guard appealed to him on that i count. He liked the spirit of it, a after he got started into it he so won promotion. It wa3 lansgja pastime with him, at first, gave a good deal of time ana|^H co me worK ana ne Decame a "ti efficient military man, just as he efficient at everything else to whi he gives attention. That he is qu [fled for the position he-holdjlgc without saying, fully capable he would not be C;0*0 ^ the crack regiment of engine 61"8 the arm>, ?n -?*. wealth. The position of colonel of a re ment is a biggish position, as pc tions go, but it Is by no means 1 biggest position in an army divisi And Colonel Vanderbilt receives a obeys orders just as he gives the He is every bit a soldier, and I first duty of a soldier is obedien If his superior officer should tell h Charter No. 9342 Report of First National at Cheraw, in the State of Sout] Septembi RES Loans and discounts Notes and bills rediscounted Overdrafts U. S. Bonds deposited to secure < Liberty Loan Bonds unpledged Stock, other than Federal Resen Stock of Federal Reserve Bank Furniture and fixtures Real estate owned other than ba Lawful reserve with Fereral Rese Cash in vault and net amounts dt Checks on other banks in the sami bank Redemption fund with U. S. Trea Treasurer TOTAL lia: Capital stock paid in Surplus fund Undivided profits Less current expenses, interest Amount reserved for taxes accrue Circulating notes outstanding ? l. Net amount due to National banks Net amounts due to banks and ban Individual deposits subject to chec! Cashier's checks outstanding Dividends unpaid Total demand deposits subject Certificates of deposit (other than Other time deposits Total of time deposits subject TOTAL Liabilities for rediscounts, includii serve ? ? ? ? ? ? Total contingent liabilities ? ? . r r* iL /~i i: _ ~ /%( siaie 01 r?uuiu umunua, v^uumy ui I, S. 0. Godfrey, Cashier of the that the above statement Is true t Subscribed.and sworn to before Correct?Attest: Thos. M. Knight, Edward Mclv 1 I al to take a walk of 200 miles and come ie ^ack and make a report on the m typography of the country, he would is I ftlute and start on the job. It Is his s 1 ray. ft- And the men of his regiment are I (levoted to him and they are proud <if him. As a corporal remarked yesterday afternoon, as he stopped for a 1 breathing spell while grubbing a d ed Stump. "Somebody has to have d health, and I had as soon Colonel 1 S'anderbilt would have it as any man 1 know. He has the quality that c ught to go with money, and that Is t jore than can be said for some, ] ealthy people."?Spartanburg Her- l ad aid. t ap j c rs. ! The Chronicle is $1.50 per year, 8 ;ly Bank No. 75. j le. Statement of the Condition of the j -.?.o cl niDinrne RAVK A 3 OL f XJLiIlilAAJAtk; ? ke located at Cheraw, S. C., at the close n- of business Sept. 11th, 1917. ue RESOURCES: tn- l^oans and Discounts . .$304,040.97 Overdrafts 4,945.00 as Bonds and Stocks owned Ij- by the Bank 12,647.64 11- Furniture and Fixtures . 3,811.28 ?j Banking House 21,031.16 he Other Real Estate owned 20,413.16 ?t Due from Banks and ly. Bankers 36,702.47 th Currency 3,396.00 he Silver and Other Minor ct. Coin " 736.06 Checks and Cash Items . 226.31 he in-' Total $407,950.05 as ??? ias LIABILITIES: In, Capital Stock Paid in . .$100,000.00 He Surplus Fund 4,000.00 by Undivided Profits, less ne Current Expenses and ne Taxes Paid 1,946.63 t a Due to Banks and Banker ers 1,186.44 . he Dividends Unpaid .... 25.00 ' lc" Individual Deposits subject to Check 143,671.58 Cashier's Checks .... 3,396.39 ( n Notes and Bills Redis- ^ >n" ..counted 98,724.01 | ^ BlXfl Payable, including i Certificates fbr Money < Borrowed 55,000.00 < $407,950.03 ! ^Ktate of South Carolina, is* County of Chesterfield, ss: ' Before me came J. H. Wannamaker < ai-1 Cashier of the above named bank, jgji who^eing duly sworn, says that the neal trutrtonditlon of said bank, as shown | oil by the books of said bank. I J. H. WANNAMAKER, !giJ Sworn to and subscribed before me this 18th day of September, 1917. [Hfc-? J. L. CRAIG, Notary Public. i^Bjorrect Attest: J. A. Watson, dV M. W. Duvall, eel I H. M. Duvall, in Directors. Reserve District No. 5. th > Condition of ISank of Cheraw h Carolina, at the close of business on er 11th, 1917. 30 JRCES: $162,905.02 42,356.50 $120,148.52 ... 2,893.08 :ir:ulation (par value) 50,000.00 _ 1,550.00 re stock 1,000.00 (5)% of subscription) 1,700.00 2,510.44 nking house 6,231.88 rv3 Bank 6,437.19 ie!from national banks 29,989.21 e dity or town as reporting _J 1.998.65 .surer and due from U. S. . i .2,500.00 i _ | $227,358.97 BtLITIES: -L $ 50,000.00 ? 7,000.00 -i $3,191.14 and taxes paid, 1,226.46 1,964.70 id- 17.16 - i 50,000.00 i 1 17,379.40 kers 1,804.49 k 96,567.55 . 87.67 8.00 to Reserve, $96,663.22 i for money borrowed) 1,030.00 1,500.00 to Reserve, $2,530.00 -j $227,358.97 ig those with Federal Re $ 42,356.50 j $ 42,356.50 ' Chesterfield, ss: > above-named bank, do solemnly swear o the best of my knowledge and belief. j ^ S. G. GODFREY, Cashier, me this 17th day of September, 1917. H. A. McLEOD, Notary Public. er, Geo. M .Walters, Directors. , i | FOR BENT. A nice eight room house on Thlr treet. Apply to Mrs. T. F. Mallo; fOTICE of SALE of REAL ESTAT We, the undersigned sole heirs a aw and distributees of Lewis Galne; leceased, and Henrietta K. Galne; leceased, will offer for sale to tl lighest bidder for cash, before tl Town Hall In Cheraw, Chesterflel :ounty, South Carolina, on Saturds he 6th day of October, 1917, ! L2 o'clock noon of said day, the fo owing described real estate situate i he town of Cheraw, Chesterfle :ounty, South Carolina, and describe is follows: (1.) All that certain lot, ai louse situate thereon, known as tl l.ewis Gainey place, fronting on H ?er street, and bounded north by I our (old map known as lot 205! sast by Huger street; south by righ >f-way of S. A. L. Railway; west 1 ot of Mrs. Henrietta Gainey, decea id. (2) All that certain vacant lc cnown as the Mrs. H. K. Gainey lo jounded n^th by lot four (old m? mown as lot 205"); east by lot Lewis Gainey, deceased, above me ioned; south by right-of-way of \. L. Railway, and west by lot Millie Wilson. The above described premises b nc nil nf the real aetata nf T.aw 3ainey, deceased, and Mrs. Henriet FC. Gainey, deceased, situate In tl :own, county and State aforesaid, ai :he undersigned agree to make go< ind sufficient title to the purchaser purchasers thereof at the sale same. MRS. ETTA KIRKLEY MRS. MAUD KIRKLE1 MRS. LAURA HILL, J. T. GAINEY. rEACHERS' EXAMINATION OCT. The regular fall teachers' exaraln tion for white and colored teache trill be held October 6, at 9 o'clock :he Court House at Chesterfield. A ipplicants that desire to take tl examination must be at least 18 yea )t age and of good moral characte J. ARTHUR KNIGHT, it Co. Supt. of Educatio J. C. Patricl All Are Welcome at 7he Busy Bee Cornei CHERAW, S. C. First Class Fresh Meats CALL PHONE 190 CRANFORD'S GROCER Nothing but the very best in Me and Groceries. For Sale by M. W. DUVALL, Cheraw, S. C. LADD'S DRUG STORE, Cheraw, S. and All Good Dealers. DR. W. H. FOWLER Veterinary Surgeon CHERAW, S. C. All calls answered promptly. Leave calls at Cheraw Drug Co. Wood's Seed Rosen Rye The most vigorous grow ing and productive of Seet Ryes. Stools out better, su perior quality of grain, ant destined, in our opinion, t< take the place of all othei Rye. Wood's Fall Catalog Gives full description and informa tion, and also tells about the best SEED WHEAT, OATS, RYE, and Other Seeds for Fall Sowing Write for Catalog and prices ol any Seeds required. T. W. WOOD & SONS, SEEDSMEN, - Richmond, Va. _ T. E. ; WANNMKER 8 SONS Id iy at 5 Druggists id id le We Buy Our J- Drugs, 'I Chemicals >t, and all Z Medicinal Articles e- only from manufacturers of well known reliability. tie id ^ Come to us when you want anything in the drug line. Our long experience is at your service in suggesting remedies for ordinary ailments. The druggist these days have largely taken the place of the family remedies recommended by the grandmothers. 6 Keep account of your business. We a" have a full line of i BLANK BOOKS ill * ^ .,g for Farmer, Merchant, Manufacturer or the salaried man. rs ir. _ n- We have the best quality. * T PAINTS i wc can find. Can sell you a small can to touch up a chair or to paint your Dwelling, Store or Factory. 1 ~m I " If you have never taken "LIVER TONIC" P ask your neighbor about it?we recommend it as one of the BEST MEDICINES we make. Price 25c and 50c. i _ COMPOUND SYRUP OF TAR will relieve more kinds of Coughs Ythan any other Cough Remedy we know. . Price 25c and 50c. ats We are agents for c ~ CANDIES A J We are agents for | EASTMAN | KODAKS and SUPPLIES We are agents for WATERMAN'S _ IDEAL FOUNTAIN PENS s and we guarantee them We are the local depository for SCHOOL BOOKS j and carry a full line of School Supplies, also FINE STATIONERY, j PAPER, INK, etc., etc. | I WANNAMAKER i ftSBB DRUGGISTS JCHERAW, - - - S.C. i