The Camden chronicle. (Camden, S.C.) 1888-1981, July 11, 1930, Image 2

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f ' ??j looking backward Taken From the File* of The Chronicle Fifteen ami Thirty Yeara Ago THIRTY YKAK8 AGO July II, WOO Degree of I). I), conferred upon Jtev. W. W. Mi 11m by Davidson College. L, A. Alexander, of Camden, and J. H. Winburn, of .Sumter, purchase Camden Telephone Company from T. B. McLean, of Yorkville. II. L. Schlosburg moves into .new residence corner of Lytttoton and J,auren? streets. Mr*. C. W. McCaskill dead after long illness. Burial in Beulah cerne- 1 tery. Henry Isbell leaves c Camden to make his h#me in Oklahoma. Relatives of Mr*. Henrietta T. Myers assemble at her home to celebrate her 7Hth birthday anniversary. Hon. W. D. Trantham and M. L. Smith made addresses. J Tom Hill, notorious house burner, captured at Chester and sent to Winnsboro for trial. Hill was charged with setting fin- to three houses. Big rush on for gold fields of the Y ukon. Yellow fever breaks out in United .States army camps near Havana. FIFTEEN YEARS AGO July 16, 1915 W. (J. Adams has contract to build a six room bungalow on Hoblrfrk Inn grounds. Children's day observed at Buffalo Baptist church near Kershaw. (Chronicle man makes trip over road constructed by funds from the Camden Chamber of Commerce and Kershaw Chamber of Commerce under supervision of Supervisor M. C. West. Infunt daughter of Mr. and Mrs. I>ewiH Mickle, of Lugoff, dead. Mrs. Martha D. Horton, aged 76, years, dead near Kershaw and buried at Hanging Rock church. C. C. Whitaker purchases interest of A, L. Watkins in Camden Shoe Company. .Jule Williums, negro, hud both legs so badly mangled while attempting to board a Seaboard frieght train that death resulted at Camden hospital. C. l\ \V. Sullivan and E. K. McCreight move to Roanoke, Virginia, to operate hotel in that city. Dal/ell Hoy Drowned Sumter, S. C., July f>.?Claude Dinkins, Jr., aged 11, of Dalz?M, S. C., jipn of Mr. and Mrs. Claude Dinkins, wiih drowned at 10 o'clock Saturday morning in an abandoned mill pond one mile from Dalzell and seven miles frorjri Sumter. The boy had gone fishing with a colored boy, and the two decided to take a swim. Young Dinkins sank In the middle of the pond, apparently finding himself unable to make the distance across. The water where he went down was 12 or 13 feet deep. The negro gave the alarm and the body was recovered two hours later. Coroner Cain of Sumter county said there would be no inquest. -Zznzmz * ~~ Admitted to Practice I.aw Columbia.?Ten applicants for licences to practice law in this State passed the examination held in May. They will be sworn in by J. H. Westbrook, clerk of the Supreme court July 10 at 11 a. m. They are: Harold Ham, Charleston; William Egleston, Jr., Hartsville; B. T. I>eppard, Greenville; Rufus M. Ward, Greenville; S. LeRoy Seilars, Greenville; John F. Graig, Liberty; Alard L. Home, Nichols; E. B. Oastles, Anderson; E. Eugene Haley, Charleston; William N. W. Bennett, Clio. Flood waters are said to be covering larg? sections of northern Spain, while the people in southern Spain are living in terror on account Oi earthquakes. An Unpleasant Subject All of the functions of life are not pleasant to consider. Perhaps this is why some mothers refuse to think that such symptoms as restless sleep, loss of flesh, lack of appetite or Etching nose and fingers in their children, ran be caused by round or pin worms. Many mothers have proven, however, that a few doses of White's Cream Vermifuge, that sure and harmless worm expellant, will make these symptoms disappear. You can get White's Cream Vermifuge for 35 cents per bottle from DeKalb Pharmacy, Camden, S. C. Dr. H. M. Padgett ! CHIROPRACTOR i Second Floor of Fashion Shop Building I Office hours: .'5 to fJ p. m., Tuck- j day, Thursday and Saturday of each week. _C Vacation Time TRY THE COOL PLACES IN THE SOUTHERN APPALACHAN MOUNTAINS OF WESTERN NORTH CAROLINA EASTERN TENNESSEE OR NORTH GEORGIA "The Land of the Sky" TRAVEL BY TRAIN Comfortable. Economical. Safe. ALSO Jersey Seashore Resorts Old Point Comfort (Including New Chamberlin-Vanderbilt Hotel) Virginia Beach (Including New Hotel Cavalier) Beaches at Ocean View (Norfolk) Charleston, Savannah, Brunswick, (Sea Island Beaches on Saint Simons Island) Mountain and Lake Region of New England Resorts on the Great Lakes The Black Hills of South Dakota Michigan, Wisconsin and Minnesota Lake Resorts ' Pacific Northwest Colorado California Resorts National Parks Lake Region of Canada Canadian Northwest I j COMBINATION RAIL and MOTOR TOURS to | Mountain Resorts REDUCED FARES TO ALL SUMMER TOURIST RESORTS TICKETS ON SALE DALLY BEXJLN.N1NG JUNE 15TH, GOOD UNTIL OCTOBER 31ST CONSULT TICKET AGENTS < SOUTHERN RAILWAY SYSTEM * . Zgj. T ^ - ~ " ' I J l~*"r' T i i ~ i ** " ? ICHABOD CRANE " HAD A FLASHLIGHT By JOiifJ C. LONSDALE Pceciuert American Bankcrf' A; ioclatlon 1I7K ALL remember the utory of IchA* h?4, L'rane and the headless horse* man. There v. t.3 the dark form by the Kide of the roadthundering lioofa on tho Sleepy Hollow highway ? and Ichabod flccInK in confuted terror before this terrible monster. If Icbabo'* had only known that his bobgob'.iq >vaa an Inventive rival disguised with a a pumpkin head, he would have had a good laugh and Rone on with tho business of vanquishing his competitor. What loti a bod really needed was a modern flashlight. Then be would have discovered the trickery at once. Many buslnose men need the flu: ''tight of analysis to uncover the hobgoblins In their business and then they might sit back und laugh at tlu?lr rivals who hesitate to investigate and learn the truth. At this time, when business and hanking are making strenuous efforts to have a clear vision ahead, It Is especially important that tho power of research und analysis be employed to tlieir fullest extent. When these twin brothers of good management have been pressed into service in all fields, I am confident we shall see a further lessening of periods of stress. However, I believe business in general has learned the valuable lesson that any prosperity that is not leavened with a little adversity would not seem basically safe or sound. i John Q. Lonsdale RESERVE SYSTEM'S DIVIDENDS ANALYZED Bankers Find Increased Payments to Member Banks Would Be Small Inducement. Various proposals that member hanks In tho Foderal Reserve System should participate more largely In its net earnings through an Increase in the dividend rate above the present fixed 6 per cent "would he a very funall financial inducement" to them, it is declared in a recent study oC this subject by the Economic Policy Commission of the American Rankers Association. This is shown, the commission says, hv a theoretical forecast, on the basis of the past six years, of additional earnings that would be disbursed to member banks during the next six years xinder two plans introduced in bills before the United States Senate, "Tho Fletcher hill provides that Federal Reserve Rank earnings, after present 6 per ce'nt dividends to members and completion of a 100 per cent surplus, should all be distributed as extra dividends to the stockholder banks," the report says. "If the earnings of each Federal Reserve bank were distributed among its own members there would be no extra dlvif dends In the Boston, New York, Philadelphia, Cleveland, Chicago and San FrancLsco districts;., during the next six years, but the other six Federal Reserve Banks would pay annuah extras at the following rates: Richmond, 6.08 per cent; Atlanta, 4.09 per cent; St. Louis, 3.50 per cent; Minneapolis, 9.51 per cent; Kansas City, 5.48 per cent; Dallas, 4.83 per cent. "If the earnings were pooled and paid out to all members In all districts each member would receive an average annual extra dividend of .78 per cent. Under this plan no franchise tax as now would he paid by the Federal Reserve Banks to the Federal Government. Another Plan Analyzed "The Glass bill would provide that, after present 6 per cent dividends, one-half the remainder should be paid to member banks as an extra dividend with the residue going to surplus and Federal Government as fran. chise tax. The average annual extraa to members would he as follows: Boaton District, 2.51 per cent; New York, per fent;' Philadelphia, 2.05 per Cleveland, 2.09 per cent; Richmond. 3 26 per cent; Atlanta, 4.67 per cent; Chicago, 3.20 percent; St. Iyouls, 2 02 per cent; Minneapolis, 4.75 per cent: Kansas City, 2.74 per cent; Daila*. 3 21 i>or cent; San Francisco, 1.S7 per cent. "If the-o extra funds were pooled the result would be nil extra avoracro r nnal dividend of 1.73 per cent for each member. Under this plan the systrm would --till pay ns now an annual franchire ?.;\. amounting to $1,941,925 on the ,iv a--.'" l'y way of cone: etc inrtrnoe, the report say*, a member hank having capital and surplus of $200,000. there fore holding Federal Reserve Bpnli stock amounting to $6,000 on which H is receiving $360 under the present ( per cent dividend orr;" lgerucnt, woulc with the addition < f each 1 p. r cer. to the dividend rate receive an adal tional income of $60 a year. "If each member "bank will flgur< out for itself the dollamand-cents gali it would enjoy wo are confident i will be agreed that the fftine are smal as against the economic dlsadva stage which pan be pointed oat," it eon elude*. ^ O 27 Found Rock Fish Pulled Out of Edisto ? George H. Smoak, of Cordova, taught a 27 pound rock fish, in the Kdieto river Friday while fishing with Ted Smith of Columbia, and Mia* Myrtle Smith of Fort Mill. Mr. Smoak was in a boat in the middle of the river and had a set line tied to the hank. He noticed that sometihing was struggling hard at the end of his line and immediately went to it. The fish was taken from the water directly into the boat instead of being pulled to the hank. Orangeburg Times-Democrat. Autos Increase in State Columbia. ? South Carolina had 14,MM) more motor vehicles in January 1, 11)30, than it had at the beginning of 102!), according to Eugene Smith, president of the South Carolina Motor club, which is affiliated with the American Automobile association. 1- i . POLITICAL ANNOUNCEMENT For Sheriff. I hereby announce myself as a candidate for re-election to the office of Sheriff for Kershaw County, according to the rules of the Democratic primary. Very respectfully, J. H. McLEOI). For Treasurer. I hereby announce myself as a candidate for re-election to the office of Treasurer of Kershaw County, subject to the rules and regulations of the Democratic primary. Very respectfully, S. WYLIE HOGUE. For Auditor. I hereby announce myself as a candidate for re-election to the office of Auditor for Kershaw County, subject to the rules and regulations of the Democratic primary. Respectfully yours, B. E. SPARROW. I hereby announce myself as a candidate for election to the office of Auditor for Kershaw County, subject to the rules and regulations of the Democratic primary. Respectfully, MISS WILLIE MOORE. I hereby announce myself as a candidate for election to the office of Auditor for Kershaw County, subject to the rules and regulations of the Democratic primary. Resp?Hrtfully L. B. OGBURN. At the solicitation of many of my friends and feeling that I am qualified to fill the office I hereby announce myself a condidate for the office of Auditor subject to the rules of the Democratic party. I want to assure the voters of my appreciation for any support I receive. Very respectfully, i. L. McOASKILL For I'robate Judge 1 hereby announce myself as a candidate for the office of Judge of Probate for Kershaw County, subject to the rules of the Democratic nrimary. Very respectfully, (J. ARTHUR MOSELEY, 1 hereby announce myself as a candidate for the office of Judge of Probate for Kershaw County, subject to the rules of the Democratic primary. Very respectfully, MRS. MATTIE R. WEST 1 hereby announce myself as a candidate for the office of Judge of Probate for Kershaw county budject to the rules of the Democratic primary. ""V. Yours respectfully, N. C. ARNKTT. j I hereby announce myself as a candidate for the office of Judge of Probate for Kershaw County, subject to the rules and regulations of the Democratic primary. Very respectfully, '1 ?, REX JONES, j For The House I hereby place my name before the voters as a candidate for the House of Representatives from Kershaw County, subject to the rules and regulations of the Democratic primary. Very respectfully, JAMES R. BELK For House of Representatives I announce that I am a candidate for the House of Representatives from Kershaw County, subject to the rules of the Democratic primary. J. TEAM GETTYS. For State Senate. I hereby announce myself as a can- | didate for re-election as Senator for , Kershaw county, subject to the rules of the primary and I will appreciate the continued support of the people of my county. Very respectfully, GROVER C. WELSH. For Road Superintendent. I hereby anounce myself a candidate for re-election to the office of Road Superintendent of Kershaw county, subject to the rules and regulations of the Democratic primary. Very respectfully, H. E. MUNN. For Magistrate I hereby announce myself as a candidate for re-election to the office of Magistrate for DeKalb Township in Kershaw County, subject to the rules and regulations of the Democratic primary. Very respectfully, B. M. SMITH I hereby announce myself as a candidate for the office of Magistrate for DeKalb Township in Kershaw County, subject to the Democratic party rules. Very respectfully, C. B. BLYTHER I hereby announce myself as a candidate for the office of Magistrate for DeKalb Township, according to the rules of the Democratic primary. Respectfully yours, CLEMENT C. BROWN I hereby announce myself as a candidate for the office of Magistrate for Buffalo Township/^ dlu? Bethune. . ** ? I hereby announce myself ?. . 1 didate for the election to the mV of Magistrate of Lower Hu? '?1 Township, subject to the ru?F!!? regulations of the Democratic ul mary. WW Very respectfully, +-<m JOHN A. McCASKlLL F For County Director 1 I hereby announce myself as a J didate asking re-election t0 th(1c*J? ftce of County Director from DcK?H township for Kershaw County iect to the rales of the primary .* 1 will appreciate the continued',!!? port of the voters of the townshin m For Township Director ' I We hereby announce the nanw? <1 Mr. C. K. McDowell as a candidate? for the office of Township Director? for Fiat Hock Townehip, subject? the rules of the Democratic nart* His Frie^ I , For County Director J hereby announce myself ig .1 candidate for re-election to the 0f,| fice of County Director for tfJ? Rock Township of Kershaw comb? subject to the rules and regulation"? of the Democratic party. ? Respectfully yours. I J. H. SOWEU. I For Townehip Director W 1 hereby announce myself a cin&fl date for townehip director from Wtl teree Township to succeed my*3i ; ubjeet to the rules of the democrat? psrty, endv will a>ppreciate the fifi? port of the democratic voters. ? E. T. BOWEN. fl For Magistrate I I hereby announce myself as teas.? didate for the election to the officii of Magistrate of Lower Bsfti]|l Township, subject to the rules end? regulations of the Democratic pia-? W. J. NEWMAN. For 'Magistrate I I hereby announce myself as a as.? didate for election to the office ?tfl Magistrate of Flat Rock TowmWj,? subject to the rules and regulation? of the Democratic primary. j G. R. TRUE3DXU? For Congress ? I hereby announce that I am ? candidate in the Democratic prin? ries of .South Carolina for the noroH nation for Representative of i? Fifth Congressional District for tlH 72nd Congress and I take this of? portunity to thank the people of tifl District for their loyal support in tl? past and to say that I shall endear? to deserve their support and con6? dence in the future. ? W. F. STEVENSON I For Congress ? I hereby announce my candidacy? in the approaching Democratic prim-? aries, as representative from the fifth? district to the seventy-second cod? gress. I pledge myself to reprettffl .all of the people and will appreciates your support. ? , ZEB VANCE DAVIDSON^? The First National Bank I I Camden, South Carolina I " STATEMENT . 1 jlj Of Condition at the Close of Business II I JUNE 30, 1930 1 'If RESOURCES ' j I I Loans and Discounts ? $424,969,45 II \ | || Overdrafts 720.96 w | ll United States Bonds ...... 53,700.00 1/ 1 i j Other Bonds and Stocks 191,206.30 ifl II Banking House and Furniture and Fixtures 33,807.78 II , j j Real Estate other than banking House 4,926.60 II II Cash in vault and due by Banks and U.S. Treasurer 57,306.74 j Other Assets 373.54 ! I Total $767,011.34 |l ill LIABILITIES II |! Captail Stock Paid in . $ 75,000.00 j! Surplus and Undivided Profits 30,298.41 j|| Circulating Notes 50,000.00 ql :L III Deposits . 549,473.07 41 > || Reserve Fund 14,286.86 j : 11 Bills Payable NONE III Rediscount , 48,004.00 II { I Total .7 011.84 9 I A 11 ^