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SOUTHERN RAILWAY BELONGS TO SOUTH SAYS PRESIDENT HA MM I SON OF SOUTHERN IN FIRST PUBUC ADDRESS. MONEY RfcMAINS IN SOUTH J -.\ I . < New President of Southern Analyzes Intimate Relation of Company to People Served. f 'haUiitio>H'ii. 'h iiii. S|?? ali'iiK a' Itio | annual h'ui'|i|H of I ho CliatlaiMiuKU. c l.tamlior ?>f ('omiiifrcv, Mr I'airiax! I lari'j:,(<n, the new prii.s Weill of tin- , fciouilK'rn Hallway 'tympany, made; whai may hi; conHiiJeri'd hin ill I pah lie declaration. hlimo 111; uhiiiun uj micceed th<* Jaii; Mr. W VV I'lnh y All*. llairi?<?ri haiil . 'I'll. m Honlht'iii Railway Hj.dem In jc'tulen 10.000 injlo# "I rallnini i>n wj.i !i 5?-, 000. <d (jeers and omployeUH Fairfax Harrison, President Southern Railway perform public services, in return for which more than one hundred millions of annual revenue is collected Those are bin figures and. in a country in which there has always been a pride In big things, in which every commun ity has been wont to boast of that which it has which is the biggest, such a "big thing as the Southern Hallway System should be, and I believe is, a source of pride to tho South, but exactly In pro|H>rtion as It Is big also in its public service and faithful in Its public trust. The administration of such a vast machine, affecting, as it does, the comfort and well being of the people of a large territory, Is, therefore, Itself a largo public service. The time has passed when it might be exploited for merely private and selfish ends The lawyers used to tell us that a railroad whs a quasi public Institution, but today, happily, It might better be described as a quasi private institution. It is private still In the opportunity it presents for tho exercise of individual initiative and competitive service, tint in practically every other sense It is now recognized thrt It Is public. It Is a matter of sincere regret tp i every railroad manager that rail mad ' ?emrltles are not more generally held, directly and immediately, in the coin tuaaitles which the railroads serve. The lack of such holding deprives him 01 a powerful and sympathetic ally in tho relation of public opinion to his-j problems, Tho time was when the rail road stocks were owned immediately home, and by the people who were tnost Influential in shaping public opin ion, but today, while railroad stocks me generally held by the same kind of people ? by those who. through the rx ervise of prudence. Industry and cour age have laid by a competence, and byJ the women and children for whom they worked such Investors now do not as a class reside In the territories In which they have made their invest ments. The explanation of this phe nomenon -so well known to us all. but etill a phenomenon is part of the financial history of the t uited States, but tho fact has given r>(- to a feel lng among many of tho^e w tui use the railroads daily and come into immedi ate contact with their management*, that the raNrmds belong t<? -on,? mys terlous, remote and foreign powei to Irresponsible potentates, who bear, in popu'ar Imagination, the generie nam,' of "Wall. Street We rend in maga *l*;es and newspapers of the romantic lives attributed to a few individual.-' who are supposed to "control" the destinies of whole communities by pos sevs.on and exploitation of the instni ments upon which such communl tie*; depend for their neces^arv trans porWion, who "fix" rnti-s and arbt tra^i'y determine condition.- of serv ice. and so ' tax" the people they ought to serve, withdrawing mo? < v earned r , * tlio nwi'ui Of t ne brow from the com munities where It I* earned, to be dissi pated ttl it dUlalico in extravagant fol Ilea. Hurh u. vision jx not the result I of pure imagination It has had mi : fortunately n? foundation of justifica tion ill H fuW COllKptCUOUH lUStaUCCM which If 'Hp lo the lip* of everyone who iIIscuhsoh our present day industrial problem*; but every Intelligent man knows (hut It l? no longer, if it ever v\uh, the I'lllti, In considering such lamentable Indb vldual canes, the public, when forming 1th potent judgment on the present h?i tuition or t ho railway Industry, must recogni/.e (hcili um the unhappy *:X Hons limy are To Mm who Insists that tin; mil roads I?1 he judged by their blw k It <*> tulr In uiiHvscr to invite attention to many exemplars of hlKh'inlmhMl Integrity in the ad ministration of railroad property, W? in the South can ? iii- shining examples of burh rectitude. I may lit* forgiven u proud reference to my lato <"li l?*f . William Wilhon Flnloy, v\ hoso oppor tunities worn not less than thone of any of tho tlaKrant IndividualH to whom allusion has been made, but who after yearn of devotion to a public duty and tin; practice of a largo private charity, left an estate the amount of which, um announced In tho public press, Is at once a certificate of can did character and an Illustration of Just administration. One who knew thi-m can add to the Ha me roll of honor two more executives of railroads In tlio Kouth who have recently Kone to the grave Thomas M. Kiner?on and John W TliomaH, Jr. lH*spite tin! holding of railroad stock outHldo of the territories the railroads servo, and despite the aberrations from integrity In the administration of some particular railroads, I believe that 1 am not claiming too much when I as sert that such has been the develop ment of the recognition in recent years of the public nature and responsibility of the administration of the railroad^, and such have been the practical con sequences of that recognition, that to day iu every essential a railroad bo longH to thi> communities it serves. In tills itHpecl and in a very real sense tin* Southern I tail road belongs to the people of the South. It in not only tln lr highway to market, but its fiscal operations arts part of the life of the communities along its lines. At homo risk of trespass upon your attention, I venture to support this claim with a brier argument froiu sta tlstles. They record a condition which is astonishing and I confess astonish ed me when I saw how far they go along the lines of a tendency which I knew to obtain. Of the one hundred and three millions <>l" animal revenue collected last year by the railways in cluded in the Southern Railway Sys tem. there was immediately paid out again along its lines at least seventy six millions, an amount not far short Of the total collections from the peo ple <,r the Sohtli: for approximately twenty two millions of the total reve nues were collected from people out side of the Southeastern States ? a fact not often taken into considera tion. the explanation of which Is that an appreciable part of the passenger traffic of the system consists of the transportation of residents of other localities traveling In the South, and, furthermore, that to a large extent freight charges on Southern products shipped to other localities are paid by the consignees. What then becomes of these groat ; revenues collected In the South? Are they hurried away to some cavern In Wall street? No. The fact is that all the moneys collected in the South are deposited in Southern banks which are drawn upon from time to time only as funds are needed for proper fiscal purposes. The funds of the sys' j tem thus become an Important factor In strengthening the banks of the ter ritory and so are at all times at the service of the Southern people. I have said that these funds are withdrawn from Southern banks from time to time only as needed for proper fiscal purposos, but evon In that opera tion. to a large extent, the moneys col lected for transportation service on our lines are not withdrawn at all from I tho Southern communities In which they are collected. This can be dem onstrated by an analysis of Southern Hallway expenditures for the last fis cal year. Such analysis shows that, of everv dollar disbursed, 41.71 cents went to tho payment of wages, sub stantially all of which are paid along 1 the line of the road, and so remain | in Southern banks, a disbursement ' which, for the Southern Railway prop i er. averages about two million dol | lars a month. The purchase of ma ! terials and supplies used 23.30 cents, and. under our policy of buying as far ( as practicable from Southern people, 19 1 2 cents of this was expended in ' the South and only 4 18 cents in other localities Miscellaneous operating ex j pense* required 6.09 cents, all spent ! In the South. Taxes, all paid In the ' South, required 3.65 cents Interest, 1 rentals and other miscellaneous pay j ment* accounted for 20.83 cent*, and I the holders of the company's prefer | red stock received 4 42 cents. It Ts un fortunately Impracticable to determine the proportion of interest and dlvl ! dends paid to Southern owners of Southern railway securities. I witdi it wan all paid to Southern people; but. leaving these entirely out of ac count. it is seen that at least 70 67 contx out of every dollar expended by the Southern Railway remains in or ip brought Into the South It may b? add ed thai these figures do not take ac I count of expenditures for additions and betterments amounting last year to i three millions and a half and in ten i years to twenty-seven millions ot which the major part, expended on ! roadway and structures, was practical j ly ail paid out along the line of th* I road We may then take it as esj ' tah'.lsbcd tha* what the Southern peo pie p ay the Southern Hallway lines for ; transportation remains a part of (In- i working capital of tin* Southern poo ? pie; but It Is interesting to pursue the thought a step further t ti a real!-, ballon of uhat flume disbursements hy the Southern Hallway in the South meim in the life and growth of the j Southern people, Of the total of h?'V: mityslx mtll Ioiih paid out along the | Southern Hallway linen lust year ap proximately forty-three million dollars' went to the army of 69,000 employees : and tltiiH, on tlx* conventional hams of five to a family, directly supported j about 205,000 Bout horn people, or) ahout six and one-half times the pop ulation of Chattanooga at the date of tho lust census I have spoken of our ipfefemd sto< kholdei'H, hut tho real preferred stockholders of the Southern Hail way System, iu the matter of priority of claim, are t lie pollticuj govern ments of the State*, counties, and cities along its lines. Their claim upon railroad revenues comes ahead even of that of employees, ami they t'?ok $TI,7 4 3,704 HU in the last fiscal year, It la bard to grasp the signifl calico of (Inures as large as this what our tax payments really mean to the coniinunlt I<m along our lines can he hotter understood hy an illus trative analysis of our payments on account of school tuxes and road and bridge taxes In the southern states. In l'JI2, our school taxes in these states amounted to something over $800,000, or an average of twenty eight hundred dollars for each coun ty traversed hy our lines. At the av erage annual compensation of school teachers in the Southern States as reported hy the United States Bureau of Education, this would more than pay for ten teachers In each county It represents $2.H4 out of every $100 of school taxes paid In these States and amounts to fifteen dollars tor each school building iu the States traversed hy our lines. Every dollar, paid to the Southern Hallway for transportation charges thus Includes a substantial contribution to tho maintenance of the system of public education in tho South. PuymentB by Hi# Southern Hallway System in the same year of taxes di rectly assessed for public roads and bridges amounted to $ 147,90?i.G3, or an average of $1,571. til for each coun ty along our lines, Kvery dollar paid to the Southern Railway for transpor tation charges thus includes also a substantial contribution to the main tenance ?f the public highways of the South and is an indirect but none the less real public support of the pro gressive movement for good and. bet ter roads. I have referred to the impractica bility of determining the amounts of Interest and dividends paid to hold ers of securities living along the line of the road. We know, however, that a large percentage of our population have a very real though Indirect per sonal interest in these securities even though they may never have seen a railroad bond or stock certificate. There are few families in the South who do not hold an insurance policy of some sort; either an assurance on life or against the risk of fire. The invested funds of the great insurance companies are, therefore, matter of vital concern to the Southern people, and in large measure, are their own assets held in trust for their benefit. We find that the chief insurance com panies report their holding of securi ties of the Southern Itailway System, including terminal bonds on which the Southern Is a joint guarantor, aggre gating more than eighty million dol lars. In that great fund, the integri ty of which depends upon the con tinued solvency of the Southern Rail way lines, the Southern people have a vital proprietory interest, an inter est which, as they realize It, should be to them a constant spur to protect themslves by maintaining, as they can and will, the basiB of Southern Railway credit. I assert with confidence that the facts to which I have called your at tention are full warrant for the claim that in a very real sense the South ern Railway belongs to the people of the South; ho much so that its annual reports might more properly be ad dressed "To the People of the South" to advise yon of the results of the management of your property, for today it belongs more to you than it does to the stockholders. More than this, its management is and always has been devoted to the Interests of the South. Its officers are mostly Southern-born men and those who were not born in the South have been here long enough to become identified with our interests, our pe culiarities. our responsibilities, our prejudices, and our aspirations as a people; they talk the same language as the people of the South. I look forward to the time when there may be more Southern men sitting on our Hoard of Directors, where I know that they will be welcome. As an organization then, the South ern Railway, with full appreciation of, and acquiescence in, the present tendency of public sentiment as to what a railway is and should be, stands pledged to the Southern peo ple, and is proud to declare Itself one of their own institutions As such it invites the Southorn people to holp it to become more and more their efficient servant and at the same time the object of their pride and af fection They need have no fear of it* future if it has their confidence. 1 trust you will pormit me to takf* this occasion to nay finally a word of a personal nature: i believe in the South and our Southern people with all my heart and soul I have given most of the years of my manhood to an earnest, though subordinate, part in an effort to realize a hi^h pur pose of promoting the regeneration. through Industry, of the prosperity | jf tlily our bdovud motherland. 1 jiuvo not known iu my own experl ?nee the horrors either of the military j conflict which loft our people prostrate. or of the druury yearn of political disability and atrophied am oltlon which followed that groit war jut^eon the states, in puc of the ,'hlof theaters o/ which wo aio to* night, hut I know the Ultterneiui of iIichu things iu tlio tri\ditlon of my immediate family, and 1 have learned from niy parents that there cup he ait higher aspiration than to be a ;>art iu (Ik; realization of the ideals of our Southern people. Facing the future, I have then dedicated my life to that duty and to identification with Hut Southern; people. Many others uuv?< done and are doing thin and 1 u.in proud to he of the company wh<ch has acconipllHhed, through coopera tion and KUHtaiiied effort, go much in the last quarter of a century. I am humbly grateful for the web come the South haB given me to my new opportunity for itu service. It lias been such a welcome ub you have given me tonight, cordial and with <?v<?iy evidence of good will. My hope Ih to jiiBtlfy this to those who allow ni(5 their confidence, who are willing to believe thut If we some tlnicH fall it will not be through lack of good intention or desire to do our duty uh wo conceive it. I have no pause of personal elation in the reali sation today of an umhitlon eherlBhed ever hIuco I entered the service of the Southern Railway Company 17 years ago. I feel most a sobering sense of a heavy responsibility, but I do not fear the event. I have nerved under two great men, Samuel Spencer, and Wil liam Wilson Flnley, both men of action, eager to accomplish, conscious al ways of the Imperious summons of today, and of tho warning of Eccle tdasteB: "Whatsoever thy hand flnd eth to do, do it with thy might.'' 1 have known that before all they were patriotic men, faithful to the South, and with their example and their ideals before me my hope now is so to carry on their work as to gain the kind of public esteem they earned and to aid in building for the future, as they built, not only the Southern Itailway, but the. South itself. In this high endeavor, I am one of you, my fellow countrymen, who are slml arly engaged, and I appeal to you as oo-workers far aid and co-opera tion. F< > UK< I A)SU H K S.\ I iK. Stat? ofSouthOarollna County of Kershaw In the Court of Common Pleas. Ij. A. WIt.koweky, Master for Ker shaw County, Plaintiff Against Mittie 10. Truesdel, Fannie A. Watts and L. Ij. Clyburn, Defendants. Under and by virtue of a decree of It. W. Memminger, Presiding ludge, of date November 29, 1913, In the above entitled cause, 1 will *e'l at public outcry, to tho highest oidder for cash, before the Court House d or In Camden, S. C., during -he legal hours of sale, ion the f rat Monday In February next, be i g the 2nd day thereof, the follow ing described real estate: AH that piece, parcel or tract of land In Ke ehaw county, state afore said, containing one hundred (100) acr^o, more or less, bounded on the North by Public Road leading to Camden, on the East by lands of S. J. T. Yonng, on the South by lands of Hsnry Mann, and on the West by lands of John R. and Camilla E. Tr need el. Term* of Mile cash Lauren* T. Mills, Special Master. Camden, 8. C., Jan. IS, 1914. Owe Word to Saint. To 8t. Etheldreda we owe tho word 'tawdry." The saint knew no such vord, but the origin of it Is clear tnough. For St. Etheldreda was poj> llarly known as St. Audry, and at St. udry's fair were sold St. Audrey laces, which In process of time became clipped into "tawdry laces." Finally :he new adjective was applied to any finery of similar grade. The part played by the "t" in "saint" Is exactly that which has given us Tooley street from St. Olaf. ? London Chronicle. Wood's Celebrated Grass and Clover Seed Mixtures Are specially prepared for differ ent soils and purposes. They give the largest yields of Hay and Pasturage. Wood's 1914 Descriptive Catalog gives the profitable and satisfactory ex Eerience of farmers who for year* have een lowing Wood'i Social Grasi Mixture*, with the best permanent re suits. Wood s Catalog also givea the fullest information about all other. Farm and Garden Seeds. Catalog mailed free. Write for it. T. W. WOOD O SONS. Seedsmen, - Richmond, V?. TO THE PUBLIC We ?wish to notify the public that the old estab? lished Sam Wing Laundry will be managed hereafter by W. S. Lee, and we still wish your patronage. Laundry collected and delivered to all parts of the city. SAM WING LAUNDRY , 915 /i Broad S?. Phone 91 Camden, S. C Funerals Directed We supply the best of burial goods, con duct funerals and relieve families and friends of many unpleasant duties ince dent to death. We are always prepared to serve those who need our service. B. R. McCREIGHT, CAMDEN. S. C. OXYGEN CARBON CLEANER We have installed an Oxygen Carbon Cleaner and can make your motor new like it was when first bought. ASK US ABOUT IT ? t Camden Motor Co. New Fancy Hand Laundry My work is guaranteed tp give perfect satisfaction ? am prepared to do your work promptly and at reasonable prices. All domestic finish. 1 wish kind friends to help me out and give me a trial order and be convinced. WORK CALLED FOR AND DELIVERED JIMMIE LEE, ? ? CAMDEN, SO. CAR. Chic, Becoming, Exclusive, Ultra Smart, Fashionable These adjectives convey but inadequately the ex quisite beauty of the Fall Millinery on display here. YOU WILL FIND that this establishment s reputation for the finest millin ery is splendidly upheld by this Fall showing. Very reasonable prices. MISS MATTIE GERALD