The Camden chronicle. (Camden, S.C.) 1888-1981, November 11, 1932, Image 2
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