University of South Carolina Libraries
World's Greatest j Financial Crash Chicago. Oct. 31,?Bankruptcy o{, tho InauU ..public utility interests i# declared to be' the greatest financial crash of a one-man business in the world's history. It involves $3,000,000,000, an a-; mount of money so huge no human1 mind can grasp it. Samuel Insuli's | only rival for tho dubious distinction of being the world's greatest one-man business ruler was Ivar Kreuger, Srwcdish "match king" \vho died by his own hand last' spring when he realized his bubble had burst. Insull was born in London, November 11, 1K50. He was educated at Oxford university and began his business career in l^ondon in 1881 in the organization of a telephone company with Thomas Edition's London repre-, tentative, wbo was so impressed with the young Englishman he recommended him to his chief. Edison hired Insull as his private 'secretary and brought him to America. , After serving Edisonmfor 13 years Instill went to Chicago where he be-^ came president of an electric light and power company which was the beginning of the immense network of public utility interests,, that at the time of its crash numbered 119 dis-; tinct. companies doing business in 32 j states and Canada. Samuel Insull probably will go' down in history as the greatest men- . ey-raising genius modern business has known. Ami this same genius was one of the prime factors o't his undoing later on. His great mistake was made in iielieWng the Stock mar-j ket was going up forever. His first; of two illfated investment trusts was i organized during tho height of the j boom period in 1928. A second was formed in October, 1929, only a] month before the collapse of the stock , market. He underestimated the duration <>f j the Repression and continued to buy! stocks through these trusts.. Had he1 quit thV market then he might still | be a wealthy man. When he noadedj extra funds in his efforts to stem thej greatest decline the market has over j known he 1w>ito\vo?! from banks on. an\ kind of seem *w hi* h was easy , at first beeau-e of .hi- -tamling. Hut in time the bankers g"t < oni fee! and, vh'.it down en h'm. btt?'eoing tin- end. Willie the Ii:-m! vo!!:ip-e was made public only .1 few week- ago recc.vers' auditor- have already -pent live month- untangling tie- h1Th:i- /u-t one of the big lending companies.They have made no attempt to u 11 - j ravel tho maze of interlocking trans- ' actions between parent and o petal-' ing companies. The full extent of the crash will not be ascertained perhaps for months, but it is known that at. least .'Iihhhmi investor- were caught i in rt. WIn ii ln-ull saw w'hat was coining he Mod the country. lie was diSeoVC !' i *t ! at. A V he 11.?, (cccri1, a lid >? T.oW^ awaiting extradition. Now, at / >. this former mu!'.: millionaire is to Ikbrought before the ba- ot ju-tkr. a sad end to a bii-bies- career that had rear lied the highest peak of achieve-j ment only a low short year- ago.-?; < api?e!ook'y. Coleman F. Cato Buried in Kershaw ? Funeral service- were held-at ltethel I'-e-bytvrian church at Kershaw | at '! o'clock TuejJti.lV. witll the Rev. j .1. M. Neal, pastor of Thornhill Baptist i r.urcli, in charge. Interment' took r'a e ;n the churchyard. He .- -urviveii by his father and niotrer. Mr. ar.ii Mr-. W. P. f'<ato. of j Kershaw; four brothers. .Jack. Roy and \\ oodri w ('ato. of K< r-haw and i 11.. \ d ('at-., of W.nn-bor.,; four si--, t, r-. Mr-. P. I.. Cato. Mr.-. K. P. j W-okmai. and Mr-, .les-ie (irove, ad j of Km-haw. and Mrs. ,fu'.;u- Martin of Winr.sboro. f i.lciDic. Franklin Fate w a - 22 yt a"s old. Hi <iio.; at the Baptist ' ..-.i a at 1 1 o'clo -k Thut m : : g ..rte: lllim-- of th.reej W'.-,-. He w a - r.g na .y of K? : . .v g 1 iva V ?. ; . w th .... . i . i'. i at.. ! < , . r t ;.i , ,i t a o \ oa r>. Ho w :. -of .- t i. i a : i..; n V < v .i a mar. of mar y firm t *- ! w ... be greatly mi--e<: b, - , a.. | rici'.,!- aial aci j . .i ' ;t "oe- . N a ^ [> ..vo W el'e forced Saturday * k:: 1 a rr.ar.iac who had barricaded h.m-e'.f .n the ba.-emt-nt of a conient at Monroe. N. < with the body of a man he had -lair.. The man was stili armed after killing a janitor and was menacing the hves of nuns in the convent. - . Charles C. Jordrev. f>5. unemployed carpenter, was arrested in Boston last week by postal inspectors and is Tield in jail at East Cambridge, Mass.. charged with having written threatening letters to Mrs. Dwight Morrow demanding money. Kotarians Planning Help for Hospital The ('?mden Rotary Club was honored by a visit of Roy Thomas, president of the f>7th District of Rotary International at its Thursday meeting. Mr. Thomas delivered a forceful address and also told of the plant for the international1 convention in Boston this summer, and the meeting of the 67th District Convention in Charleston this spring, which will be hold at the time the Magnolia Gardens are in full bloom; and also uf the coming visit of the President of the International Rotary at Rock Hill and Anderson during the pext few months! The Rock Hill meeting will be held in the Winthrop Auditorium, and hundreds of Rotarians will he invited to meet the president. President Thomas held a meeting with the , Board of Director* of the Camden ! Rotary after the luncheon to map out ' plans for the coming year. John Wilson, of Sumtfcr, was the visiting Rotarian, and he was accompanied by his wife, who is president of the South Carolina P. T. A. and [also Mrs. Watkins, an official of the j National Parent-Teacher Association. Mrs. Watkins addressed the teachers of the county at the Camden high school last night. Stanley Llewellyn, chairman of the Hospital Rally, told the club of the progress that is being made to raise funds for the hospital. W. K. Nettles, on behnlf of the Rotary Club, thanked Vardell Walsh for his unselfish work in making such a success of the county fair. T. W. Holley, of the Mt. Pisgah section of the county, was a guest visitor. The meeting next Thursday will be in,charge of R. M. Kennedy, Jr., and two weeks hence in charge of J. H. Osborne. Dr. W. L. DePass was appointed chairman of the committee to organize the colored citizens of Camden for the Hospital Rally. As a result of his first meeting, Rev. J. W. Rovkin was made chairman, Amnions R. Collins secretary ami W. I. 1'. Rosehorough, treasurer. A hig meeting will he held at I rinitv church <>n DeKalh street at * p. m. I Monday. November lltn. It i- likely J ha i many -ections of the county w.llj rend representative* to attend th:-< meet ing. Card- a-e to he fu-inted and di.--j -ihutcd annng the negme- of Cam-, dm n-king how much they ?an give , towards i:- rally, and they will be, odieded before the meeting, so that a report can be made at that time! a- to_jhe progress of the drive. 1 i.- likely th^t Stanley Mk welly n j and Dr. J??hn W. Corhett will address] that meeting, outlining the needs.":: the h.o-n.ta!. and giving any inf'-rma-. tioii that Js needed as to the cnd.tion of the hospital and the -cope of it- work among both white ami t " -rod c-it.ztr,'. i t ' nde' tile leader-hip of !!?v. J. \\ . 1 Ib.ykin, we ail feel that all o .nrod citizen- wi.l ente: hcartiiy into tr.i-j campaign ami that' they w... aioiCj ' do their -hare toward- t he : tie- : ?,f tie rally. A largo pe: centage , of the ? oloi etl citizen- a:< . nai ;ty pa- j titt - at the hospital, and a- there i i much pov erty in the <. o.i:.'.y. it i.- j :a ce.-..-.a i y that, the ho-piiai be Kept; open - > that the t-ick car. b. carts! to: 1 by tin- efTicient hosp.ta. force. Cot OfT Light. Maybe x Hitch-hikers said "Hello lb ney ; to an unknown woman, who p:?-mpf ; !y turned them over to police. 1 ncy , are ,-erving five days in the c<,. ,er. J i p her men -ay "Hello lbmey. and, -erve a lifetime in a cottage.?Ga.r.s- | \ :!!e Magic. I Safe Pleasant Way; j To Lose Fat J How w aid y<>u ke to .< -< titfeer. P ur.ii- f fat .rt a month and at the -ami f.n.c gcrta-e ycir energy and, ; m \ < -i, r .'H11 h i! w w -uk: y u like to io-i fir j i. ' and y pn :i. :.t ,1 . 1 ,i' ' ' -jiMli t .:: i? IIIUM1 ye . V - r\ j \.can a:..: v .car f.'f.it it w... n. , i'lo-a': r. ? . t -, a.( - t.Hiay ar.-i ee ' i a >. .! ' you w e.g.'f - ' gt f a ,,f K" UM'hel; Salt- w : a . a ?t ..... f i ? 'a ei * - and c o -1.- ou. 1 a tr:!h\ 1'ase or.c-ra,.: mm ( : .i g.a-- of hot water In fore break-i fa-f e.ery morn.r.g- * ut d.?wn on the! pu-t-y and fatty meat ? go ugh' en potatoes, butter, .ream and -ugat? and when y <. u ha\o finished the .nr.- J ter.ts of the tir.^t bottle weigh your-cif again. N?<w you will know the pleasant way to lose unsightly fat and you':! also know that the salts of Krusohen have presented you with glorious health. | Rut be sure for your health's sake that you ask for and get Kruschen Salts. Get them at I>eKalb Phar- j macy or any drug store in the world and if the result* one bottle brings do not delight you?do not joyfully satisfy you?why money back. ' au-j. i South's Queerest Job "Rattlesnake guld*" may sound like an unusual buain?v*a title, but at rep-resents a profitable vocation, accord* ing to Guy Johnson, of Arcadia, Ha., who, in late years, has made a specialty of taking out jrarties of tourists who are anxious to see the diamondback king of American reptilee, in his native haunts. "Folks up north have read atories about the Florida diamond-back rattler* all their lives," says Guy. "When they get down here and don't step on u rattler the first day or two they actually seem sort of disappointed. Feel as if they had been cheated and the state misrepresented to them. "That** where I come in. I make it my business to keep in touch with places where a few rattlers can be found even yet, and 1 pass the word around that I'll guide a party out on u first-class snuke hunt if they make it worth while. And I let it bo Knuwn that they can carry their cameras and take 'all the pictures they want showing themselves capturng the snake or holding up a dead one or doing anything that might look dangerous to the folks 'back home. ? "That last usually gets 'em. No man ever went anywhere without wantin' to tako something back to impress the neighbors. And the women are just as bad. "Personally. I'd rather hunt snakes by myself. They aren't a difficult proposition if you don t get them alarmed or excited. Out by myself I can look them in the eye and put them to sleep and nine times out of ten I can pick them up with my hands. "But with a crowd I have to be more careful. The snake gets scared and nobody on earth can tell just what he is going to do. 1 never fool j with them when they are that way. except with a long forked pole to pin their heads down. "I used a pole all the time when I first started hunting snakes. That was a bout ten years ago. I w as working at the plumbing business but needed a little extra cash at the time. 1 happened to hear that a snake hunter from Arizona was in town, and was anxious to get three di;<mend-back?. I cot in touch with him j and made a deal to deliver the -nakr- ; a' $ "> each. Seemed like a lot o j WOreV. but 1 rai'liM! ever \ eettt <>f ?- j On thuso tir-t three. After tha'j when 1 began to get orders for a few j more, it became easier and Indole 1 t knew it I waS right in the snake business." "All in all. Mr. Johnson estimat s that he ha- caught something lose j.OOu snako.s since then. Most of 'l m 'nave been -old to zoos and animal dealers, but he has supplied the rattlesnake canning factory at Area : a w r\ r, midh* ami shipped a ^jood nia.V to a snake company in Virginia t -pecializes :n moeeasins. coach v?; k.ng snake? and like varieties. "The biggest rattler 1 ever >a e a, r?.-s was one 1 called Jumbo." e snake guide continued. "He was e g t t 7 Id inches long. 15 :r-- around at the thickest part 1 weighed h'd pounds. lie had 2d < tie-. hut must have he en much ne ? than dd years old. "It was kind of a scary"busrr? s^ picking him up. because he look.-.; .s strong as a team of mules am. e to bite a man's leg off But he r.- . er even sounded his rattles when he was being put into a temporary cage r later when transferred to a snipping . ate ir. which 1 sent him to hi- ; :r ha-er in Arizona. "Right ;!. contrast to .Jumbo w a - a little rattler I found near the - - ? -pot when 1 was out with a you: g nephew of mine* This little f< >v was full of pep. fire and tarr.at.- n. I n?> sooner -topped from the :: ; k to the ground than he was afu - me. "I tried to maneuver ari>ur.?: a* d got a stick over his head, hut n.e was too quick for me and before 1 kr.< w j-.ad me iiuck up or. the tru.ic w:.e:c, I got h?>.d of a shove, and tr.< o cut h:s head off. He under a bu-h and I d ni ? nepr.ew to hack the truck up .r the spot. The boy backed up w a Y:k arid then dapped on the br.:.. s. 1 pitched head foremost rigr.t or. p, of the ba-h. A- I was failing my ntir. i w .rkmg at lightning -jn-ed arc . thing -eemed c.ear as a be... I v I hoi to grab that -nak.- 1- f I hit the ground, and by accident <r tr.eh.-w my fingers got him a: u..d the middle as my shoulders hit "The minute I grabbed? or ui'br the split se.or.il I grabbed h.m I | threw the snake with all my n..g- :. He <a;'.ed a Unit twenty feet 'hroiigh the <vr. And I had hardly got bn-k .r. the truck before he was after me again. 1 'This time I didn't fool about, but j cut off his head ju*t as quick as ne got. in range. It was the worst scare j I ever got." Johnson sells snakes to his Virginia connection on regular contract, awarded after he demonstrated that he could be defended upon for a supply Honor Roll Students Baron DeKalb School f The faculty of the Baron DeKalb school announce the honor roll for the first grading period as follows: Grade 2?Eugene Eaulkenberry, Frank Workman, Dickie Young, Margret McDonald, Geneva Hay, Sam Truesdale. Grade 3.?Charlie Frost, (Chalmers Hornsby, Stanley MeManus, Hugh Walden, Helen Faulkenberry, Marie Holland, Dorcas Owens, Minnie Belle Robinson, Willie Jortes, Grade 4.?George Jordan, Hoyt Owens, Nina Yo^ng, Fannie Horton, Barbara Hilton. S Grade^b--4)oroth^^prkinan, Ruby Young. \ 4:.v Grade 0.?Ruth McDonald. Grade 7.-?Willie Belle McDonald. Grade 8.?Ruth West, Willie Mae Horton. Grade oD.-r-Anena Gaye* Martha Rush, Loree Young. Grade 10.?Myra Owens. Grade 11.?K. C. Etters, Elizabeth Rush, Annette Rush. The chief of police of Atlanta went a-hunting Saturday night with a sawed-off shotgun and clad in hunting clothes. Hold-up artists have been very bold of late on Atlanta streets. Several hundred unemployed men stormed the town hall of Midland, Ohio, Saturday making demands for increased relief funds. Three persons were injured. at all seasons of the year. He has i also filled individual orders for as) high as a hundred rattlesnakes. "One of those large (irde?*s gave an j officer a tremendous shock one night," j said Johnson. . "I had loaded 100 rat-; tiers onto my truck, and was taking' them north to an amusement park, [ which was buying them for a big snake den. 1 have my truck arranged with long wire cages built inside the; wooden body. "I reached the state line after dark.' Guards were stationed there to search cars for material that might carry cattle ticks into tick-free territory. The man on duty acted as if he whsn't pi? a-od at being disturbed, and when he -poke rather gruffly. 1 dccid-<i to say nothing- about my load, but h.m ito ahead with his search. : "Winn he threw hack the woouen .' vtr and Hashed his light on the: :ir>! c;.ge of over fifty rattlesnakes, -he had enough right there. 1 wasi declared tick-free without any argu- j iiiviji and told to get out!"?Wallace S't* vetis, in Atlanta Journal. i ?WW ?WmJ II II Ml ? Hinson's Cow Makes National Record Peterborough, N. H., Nov. 7.?A cow in the herd of J. S. Hinson, of Kershaw, has just finished a new official record for production which entitles her to entry in the Advanced Register of the American Guernsey Cattle Club. This animal is three- j year-old Kenihvorth Campfire's Sun-j .-or 2Xt5?trf> with a production of; 11.1K37.S pounds of milk and 592.5 pounds of fat in class D. _= ? Belle Bennett, well known film actress. xlied Saturdav at Hollvvvood, i Cal., aced 3-9 years, Death was due to i a form of cancer. FINAL DISCHARGE Ncftice is hereJby given that one month from this date, at 11 a. hi. on December l^, 1932, the undersigned / will make to the Probate Court of Kershaw County final returns as Administrator of the estate of Wnu Dow, deceased, and on the. same date-0 I will apply to the said Court for a final discharge as said Administrator. L. S. VINSON. 5 Administrator_of Estate of Wm, Dow. Camden, S. C., Nov. 1, 1932. TRESPASS NOTICE. , All parties are hereby warned not to trespass upon the 1,500 acre traOt of land known as the , "Doby Place", j in West Wateree. This land has been*, j leased to private parties and those disregarding this notice will be prosecuted: 'J. E. JEFFERS. I winter means I s lipp er y roads! I SMOOTH Him don't hold on wet pavement. Punctures afe more dangerous when It's slippery. Changing tires Is also dangerous and disagreeable. Better put on new Goodyeaie now?they'11 pro. tect you, save you money on j repairs and delays, and a till be like new when spring arrives. Center Traction Mennr Safety - 1P"^I GOOD TIRES COST UTTIEI I Lifetime Guaranteed GOODYEAR SPEEDWAY , Supertwist Cord Tires J Cash Prices?Mounted Free I Full Price of Each Tuba i Ovtrrlie Kgcb In Pairs I 30z3H H.C1. $3.75 $3.63 $ .91 f 4.40-21 4.15 3.99 l.OS 4.50-20 4.49 4.39 1.99 1 4.50-21 4.57 4.47 1.9f 4.75-19 5.X7- 5.1* 1.99 ' 5.00-195.55 5.4Q 1.15 . Other Sizes in Proportion Carolina Motor Co., OPEN DAY AND NIGHT WOMEN ENLIST WITH WAR-TIME SPIRIT 1 IN RED CROSS DRIVE ON DISTRESS-rJ ?? Little Sarah Jo Thrush tries on a dress made from Red Cross cotton In a chapter production room, where Miss Jeanette Racoosln Is one of several hundred volunteers sewing garments for the needy. In the bins behind her are thousands of men's shirts and children's garments to be made up and Olven away. At right, Miss Mabel T. Boardman, secretary <sf the1 Red Cross, under whose leadership several hundred thousand women are making clothing for the unemployed. TTOW shall 500,000 bales of Farm Board cotton be converted into clothing for the -unemployed and needy, was an urgent question confronting the American Red Cross when Congress voted the raw cotton for that purpose to the Red Cross in midsummer. Congress also had laid ?5,000,000 i bushels of Farm Board wheat upon the Red Cross doorstep, beginning last March, and the great relief or- | ganizatlon had conquered the task of putting flour and bread from this wheat Into the homes of 8,500,000 of the nation's needy families. The wheat dfrtrlbutlon continues and It Is estimated that the free flour will not be exhausted until the late spring of lJSi. Cotton presented a complex problem, bnt the Red Cress swung a large staff S of workers Into the job, and by October 1 had distributed more than 30,000,000 yards of cotton cloth to more than half of the chapters or counties of the I nation. Thousands of women volunteered to mako the cloth into garments for school children, for men and for women. Drosses, underwear, men's shirts, boys' suits all came flying from the sewing machines. Following up the cloth, the Red Cross prepared to give men's trousers, overalls, jumpers, boys' knickers, underwear and stockings and box for all ue family. Without the work & the women who volunteered as seamstresses, and ths thousands of men and women who helped five flour, clothing and other direct Tailed, In the name at the Red Cross, theae useful aids to the unemployed would not have bean handled 7 ao promptly, nor reached so many ^ people, Red Cross officials say. In the administration of the wheat and cotton, the Red Cross will expend an estimated $450,000. Funds from the Red Cross treasury will he used. ^ Erery Red Cross membership in the annual roll call from Armistice Day J to Thanksgiving Day will help toward j meeting these costs. . ,J Qhalrmsq John Barton Payne has J characterised the relief emergent J facing the Bed Croee this winter 1 thegrestei^tmAa^l^t theWorld War, and hat appealed WT ffi the support of every ritlson. m 6?r yj.. Jm