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THE CAMDEN CHRONICLE H. D. NILK8. .Editor and Publisher Published every Friday at No. 1109 Broad Street and entered at the Camdan, South Carolina poitotfica M econd alaas mail matter. Price per annum $2.00, payable In advance. *"*"? ? - ? - m ?*?' "? Friday, January 13, 1933 TUK TIMK FOR SUMMING^ UP Three years of depression havo v ended and we can begin,to sum up. Hard times have brought ill winds ?but they have also brought some hoalthful breezes. Business and individuals have been forced to "write down" fictitious valuations an (J standards. This has naturally caused a great deal of hardship and a long black list of bankruptcies. But real readjustments had to occur"to put a sound foundation under, family and business life. Those who expanded and oi>erated on the principle that which goes up need never come down, and that boom prosperity would continue unulmted forever, had to be deflated. The individual has found that, jt is possible to live happily and comfortaby on a pre-war basis. He has found that the arbiter of wages is what the dollar will. buy. He's come down to earth. These are the "healthful breezes" of depression. The decks have boen cleared/ for action, and the way to recovery is open. As for the problems of depression, they are still vital and intense. Writing in the Yale Review, Sir Arthur Salter observed that 1933 will be one of the mifst crucial years in modern history. The pressing and increasing weight of taxation stifles the capital and industry of the world, creating unenw ployment and preventing industrial expansion and the further investment of money. The burden of armaments, with their drain on national incomes and their constant threat to world peace, grows greater. In every important country the cost of wars, peust, present and future, is the major item in the national budget. The question of foreign trade looms large on the economic horizon. In normal times, foreign sales amount to ten per cent of the groks in this country?und ten per cent is the margin between profit and loss in the average business. Today foreign trade Ts almost non-existent, due largely to a new and intense spirit of economic nationalism which finds its expression in tariff wars and embargoes. Almost every economist of distinction, I hero and abroad, stresses the need for revitalizing foreign trade as a factor in the work of recovery. Tied up' with this is the problem of silver, which affects the purchasing power of half the world's people. When silHor is depressed, as at present, the silver standard countries are unable to buy in the gold standard markets. I he picture at home is undoubtedly more encouraging than the world picture. \\ e have the finest industrial organism in existence?we have the factories and the machines and the farms that are adequate to our needs. Our utilities, our railroads, our oil companies, our insurance institutions, are the harbingers of American progress. They represent honest national assets, as against the fictitious assets we counted on in the boom days. Because the machinery of dis^ tribution has slowed, it does not mean that the machinery of production is lacking or faulty. Our greatest single problem is unemployment. Ten million of our working population is at present out of a job, and its buying has come to a stop. Much of this unemployment is temporary?part of it is the result of machine displacement of labor. Today the foremost industrialists are working toward plans to shorten the working day and the working week, and to provide some means of unemployment insurance that will assure the able and willing worker a livelihood in bad times as well as good, It is difficult to believe that their efforts will end in failure. The weight of taxation, which forces retrenchment. pievcnting the employment of many ot those now seeking jobs. Th;> i> America at the opening ol 1933- a vast and incalculably rich land, which is gradually emerging from depression and entering a nev era. It is still a land of promise, a< it was in the days of the Argonauts It has lost nothing that it really pos sessed. Its earth is still fruitful, it: mines arc still filled with metals, it! factories are ready to make the no cessities. and luxuries its people want Its p^ffple are courageous, and the] still have faith. Its leaders retail those vital qualities?intelligence an< vision. America will pull out of th< depression?and, from the lessons that depression has j-aught, it ma: find a moans of preventing both ex treme rises and extreme drops in th< economic and social cycle, and of ere -ating genuine, permanent and aoun< prosperity. Let the people curb the tax bill an< ..the first great step will be taken to O i J ward industrial recovery and employ-Imcnt.?Industrial News Review. Washington Items and Observations (Special Correspondence) Washington, D. C., Jan. 10.?-The death of former president Coolidge caused sadness throughout the nation. Although still not a really old man, he had discharged his duties completely, and had run his course. While posterity may not rato him us u great statesman, yet if the history of the Republican party should he faithfully written, it cannot fail to accord to him the credit of saving its integrity, und perhaps its very existence* at.a most critical point, when he succeeded to the presidency. It was nt a time when the country was staggering under the revulsion caused by thg oil revelations and other scandals of the Harding administration. Running in his own right in 1924, he Mastered to a considerable extent confidence in his party that had waned. Np fciore appropriate assertion was made than the alliterative one of Senator (leorgo Moses that the Republicans' sole usset during thf^fc campaign was "the Calm and cautious Christian character of Calvin Coolidge," In August 1927, after he had served four years he gave expression to the historic "L do not choose to run for- president in 1928," and it is impossible to divine just what actuated him, whether he did not desire to try to break the precedent of a president not serving more than two terms; whether he merely preferred to lay dowp the burdens of public office; whether he had a pomonition that his health might not hold out; or whether he had an uncanny forbsight of what was coming in the way of the depression, and determined to i have no connection with it. The problem confronted by the "Citizens Conference orVjthe Crisis in Kducution." called by President Hoo: ver to meet in Washington, is concerning "what is wrong with our educational system." The main feature is the high cost of education, which1* has been continuously mounting, and how -to make necessary retrenchments in school expenditures. Whenever and wherever any drastic curtailment of educational expenditures is proposed there is strenuous opposition on the part of certain elements. There has been a steady and widespread addition nearly everywhere of expensive courses and extra activities, exceedingly far removed from the fundamental elementary education to which every child is entitled. The result of numerous costly innovations has been a very heavy increase in tax burdens all over the country. During the administration of Pres- j ident Wilson the government built the Muscle Shoals power plant in the northern part of Alabama on the Tennessee River, mainly with the view of the manufacture of war products when or if needed. It has been lying idle since because of vetoed of bills for government operation?one by Cool id ge and another by Hoover. The passage of these bills through congress was accomplished principally by efforts of Senator Norris of Nebraska, a firm advocate of government operation." Proponents of the measure hold that such operation will enable the general public to be accorded power and light rates at a much lower cost than would be offered by private ownership or operation. President-elect Roosevelt has invited a select number of officials, including Senator Norris,. to accompany him on a tour of inspection of the plant. This is taken as an indication that Roosevelt will favor a proposal such as has been twice vetoed, and that in general he will be inclined towards progressive laws. This was to be expected, and was anticipated by progressives throughout the country, as he was supported practically unanimously by that element of the electorate. The senate has before it a favorable report for the repeal of the eighteenth amendment. It differs widely from the resolution that failed of passage in the house, which provided merely for outright repeal. In addition the senate resolution prohibits the transportation or importation of intoxicants into dry territory, or the use therein where there would he a 1 v.elation of local law. It also pro* vides^that congress shall have con1 current power to regulate the sale of 4 intoxicants to be drunk on the prem' ises where sold. This gives authority to congress to ban the saloon, if * such is not provided for by slate or 4 municipal law. The prospects for passage in the senate are favorable * but it remains to be aeon whether it T would get through the house in th< 1 shape in which it now stands. * The beer bill now before congress 9 and which seems to be assured ol 1 passage, provided that any one whr ^ makes beer shall be deemed to be a brerwer, and subject to a license ta> B of $1,000. That will be pretty hard " on the makers of home brew. * : At the November election the Dem FARM AGENTS Some time ago t,he Cleveland county board of commissioners failed to re-elect its county agent and home demonstration agent, and for the time being, at leaat, these office* have been discontinued. It doea appear to me that if ever there was neod for the services of county agonts now ia the time, when farm products are at a low ebb in price and farmers generally greatly in need of someone to improve or upkeep the morale which has a tendency to flop these hectic tiinps. The county agent who advises farmers to grow logumes for soil improving, and thus reducing the use ofi hjgh-priced commercial fertiliser, pay* his salary many times over every year.? 'Monroe Enquirer. (JOOl) MEDICINE Mayor-elect Carson, of Portland, Oregon, has proscribed some good medicine for public consumption. He said: "We must quit asking th(e government to be a wet nurse to everything. "We must realize that the people support the government, not that the government supports the people, "We cannot get out of debt by going farther into'debt. "We must cut the cost of government, for in that way lies the ;only avenue of relief at present. "I am not an alarmist, but we must admit that none of us know whether lor not we have hit the bottom in this deflation of credits that is now going on. "We must maintain the stability of the economic order, must preserve our institutions; if we do not, it will mean that we"are breaking the last timber that holds the roof of protection over our heads. "The protection of life, property and health are the fundamental duties of our government. All els? is superilous. We must hold to these fundamentals and turn our back upon these other intriguing things, if we are to hold what we have and build solidly for the future." Portland is fortunate to have elected a mayor who has the courage to advocate such practical and fundamental American ideas. PRACTICING ECONOMY NOW Most everybody is practicing economy now. It is common practicei.but not an altogether agreeable ?fte. Most of us are doing it because .we have to do it. We are making * virtue of a necessity Some people thay j enjoy frugality nut the vast majority have no such inclination. (5H.. If everybody in the United States had practiced even a moderate degree of thrift for the past ten years there would be very little talk about hard times. There would not have been as much high living as there was but bank deposits would have been much larger and there would have been very few bank failures. Too many people went in debt for things they could have dispensed with and there was too much wild cat speculation in land and stocks. The federal government spent too much money on big schemes of one sort and another and so did the various states and their subdivisions. 1 Now it seems that folks have goi^e to the other extreme. They are not only economical but penurious. They are leaning backward. They are spending so little that they are hurting business and slowing up the return of prosperity. Real thrift does not mean an absolute cessation of buying.?The Beaufort News. Harry Williams raced with death on New Year's day to reach his dying mother at Dalles, Ore. As he neared her home his car skidded on an icy roadway, turned over and he was killed. His mother also died. Notice of Annual Meeting Notice is hereby given that the annual meeting of the Shareholders of the Fidelity Building and Loan Association will be held at the store of W. F. Nettles at 3 p. m., January 16, 10.33. W. G. WILSON, JR., Secretary Notice to Debtor* and Creditors 1 All parties indebted to the estate 1 of Ho>kin W. Rhame are hereby no1 tified to make payment to the unl designed, and all parties, if any, j having claims against the said estate j will present them likewise, duly attested, within the time prescribed by law. ANNIE L. RHAME, , Adminstrator of the Estate of Boykin W. Rhame Camden, S. C., Jan. 12, 1033 , ocrats in addition to the "Solid : South" carried the entire west, and , that may bo the fruition of hopes for such a combination politically, which i is decidedly more logical than the atf tempted co-operation between the > south and New York and the eaatem i states. The interests of the south : and the w^st are far more closely 1 connected than any two other sections. Bryan, who ran for the pres. idency three times, meeting defeat in . each instance, had that object in view but could not accomplish hU purpose. l>ecember export# of cotton to foreign countries, exclusive of. Canada, totaled 1,034,000 bales *s compared with 1,100,553 bales the seme month of 1931. Wants?-For Sale WATEREE RIVER BOAT motoring reservation for hunting, fishing and camping may be arranged and dated from now on for the trips to commence about January 23rd, 1933. Pay guests in parties of two and three are invited to secure reservations' at Jenkins Repair Shop, Camden, S. C. 39-41 sb PLUMBING?'When* in need of plumbing, heating and tinning, cull on Gus Hayes. Your patronage will be appreciated. Telephone 153, Camden, S. C. 41-44pd. FOR RKNT?A nicely furnished bed room, convenient to batn.vwith hot water at all times, in private home. Address 730 West Laurens street, Camden, S. C., or telephone 295. 41 sb. MONUMENTS?I handle only the best grades of marble and granite. Come t*> see or write to T. J. Mo* Ninch. Camden, JS. C. 19tf FOR SALE?White Leghorn cookerels. Famous Pike strain. Prize Winners at the last Kershaw County Fair. Telephone 295 or call at 730 West Laurens street, Camden, S. C. 41ab FOR RENT?Five room apartment, all modem conveniences, with private entrance. Located in good residential section. Can be rented furnished or unfurnished. Write "Apartment/' care of The Camden Chronicle, Camden, S. C. 40tf WANTED?You to know that with many people the first column read in this newspaper is the "Want Ad Column." They rend it for what bargains they gee?and others for. curiosity. The cost is small?only one cent a word?.minimum 25c. SALESMEN WANTED?Men wanted for Rawleigh City Routes of $00 consumers in and near- cities of Camden> Bishopville, Great Falls and Eau Claire. Reliable hustler can start earning $25 weekly and increase rapidly. Write immediately. Rawleigh Co., Department ISGJ76-V, Richmond, Va. 43pd STOLEN?Automatic Pistol, German Mauser No. 293889, shoots 32 auto steel jackets. Was taken out of car on or about July 12, 1932. $10.00 reward for information to recovery. Informer's identity will be kept secret. Address "Information," in care of Camden Chronicle. 39-41 WANTED?To purchase a baby push cart. Must be reasonably priced and in good condition. Address P. O. Box 403, Camden, S. C. 41sb NURSING?Will do hour nursing. Address Mrs. J. W. Ingram, Registered Nurse, 205 Haile street, Camden, S. C. 38-tf. FOR RENT?JFive room house on west Laurens street. Apply to M. H. Heyman, Camden, S. C. .. .. 41eb ELECTRICAL REPAIRS ? Bring; your electrical appliances to lis for f repairs or adjustments. We guarantee aatiafaction* our charges are ate. Telephone 220-W7 Shan-' non Electric Company, Camden, ' i: 88tf 3 WANTED ? Convalescents,'aeuii-invalids, old persons, in quiet country home with niodern conveniences. lUtes 120.00 and $25.00 per month. Mrs. J. M. Shaw, Mayesville, S. Sumter county. 41-42pd RADIO REPAIRING?Expert radio : repairing. Any make. Other elec.. tf real Repairing done. Ail work , guaranteed. Creed's Filling Station, Telephone 486. 40tf CARPENTER** w?Jean S. Myers, phone 268, 812 Church Street, Camden, S. C., will give satis factory service to all for all kind* of carpenter work. Building, general repairs, screening, cabinet making and repairing furniture My workmanship is ray reference I solicit your patronage. Thank ing you in advance. 50 tf WANTED?You to know that this is the age of barter and trade. If you have anything to sell or trade, a small ad. in this column will put you in touch with hundreds of people Who may want what' you are offering. Don't forget that people read The Chronicle even if they have to borrow their neighbor's paper. Phone your want ade to numbea 29, or address them to this wspsper. P* ia oft* cent per word. No ad taken for tsi# ;i v than a& cent*. v ' I" .M, , L.I I? n I. .11 .,.? M , III , .,- J mmMrnmmmmmm&mmmimmmmmmmmmmmmm SPECIAL PRICES j For Next Week 'Zl' "** ""U' *"*' k ...V-?,? \ < > I 4?< ' W.--J v: -I ON fc&wACttlUI., Ok BP B O T1 \J En REPAIRS < Men's Soles-Heels ....$1,00 Men's Hell Sales .... .75 Men's Rubber Heels ,40 Ladies' Soles-Heels .. .75 Ladles' Soles SO I All Work Guaranteed LOMANSKY'S SHOE SHOP . LJ xi ' r-|,rii W -7 - N*. Ut STATEMENT OF THE CONDITION OF THE MERCHANTS AND FARMERS BANK LOCATED AT BETHUNE, S. C., AT THE CLOSE OP BUSINESS DECEMBER 81, 1082 ?j ?1 . ; 1' r-:?: Resource# Loan# and Discounts $27,401.9:5 j Overdrafts (secured by cotton) 2,555.94 Bonds and stocks owned by Bank 9,475.00 Furniture and Fixtures . 1,740.15 Banking House 1,058.75 Other Real Estate Owned s 4,020.33 Due from Banks and Bankers p 12,069.17 Cash on Hand ......... v 4,701.94 Checks and Cash Items .......' 55.41 TOTAL .,.l... .1...................... ....;. $63,178.62 Liabilities Capital Stock Paid in ................ $20,000.00 Surplus ^Fitnd 8,000.00 Undivided Profits, less Current Ex9enses and Taxes Paid 2,161.83 7 Due to Banks and Bankers : NONE Individual Deposits Subject to cbecl^ 20,230.00^ v Savings Deposits * 511.54 Time Certificates of Deposit 9,17.1.80 Cashier's Checks 547.51 83,016.79 Notes and Bills Re-discounted NONE Bills Payable, including Certificates for Money Harrowed NONE TOTAL $63,178,62 State of South Carditis, County of Kershaw. Boforo me came G. B. MoKiimon, Cashier of the above named bank, who, being duly sworn, says that the above and foregoing statement f? a trot^ condition of said bank, as shown by the books of *?id bang. G. (B. McKinmm ^ .r. iw Sworn 18 and subscribed before me this 5th day of January, 1938. / Correct Attest , . Loring Davis I/O ring Davis ?Notary Public for South Carolina., J. M. Clyburn 1 T. M. Clyburn Directors. MMiiiMSMMiBBMsssMMSMs^WMnsMMSBnnnaiwasan^ -1 : . . . ?? : ??/ -' v: .J v- * - " ' ? - -.v. -w.j ' . a ' V ? .; ^ .... ^ ~r~^.-r #CHEVROLET^p> ANNOUNCES AN IMPROVED ^^ v- ; t^LINE OF SIX-CYLINDER TRUCKS SELLING ATA ;:1 ---.*.. - . -..v.-~4v4 GREATLY REDUCED PRICES' ' ' " ^ ^ ^ ^ Again Chevrolet leads the way to economical transportation! Chevrolet announces a greatly improved line of Chevrolet six-cylinder trucks^?featuring a new engine. A new rear axie. A new frame. Many progressive changes in design and construction. And selling at new, greatly reduced i prices that only the world's largest builder of cars and trucks could l achieve. All 1 J/?-ton models are now powered by a remarkable newSix -Cylinder Special Truck Engine. This is basically the same reliable power plant of last year? but Chevrolet has made it even smoother, * more powerful, and more economical by the addition of 33 new improvements and refinements. i Chevrolet has also introduced an eni = REDUCTIONS ! AS MUCH AS *70 Half-ton Pick-up$440 I Sedan Delivery $343 ! ! Half-ton Panel $530 { ~ 3i" suit#. rr*653 " i 1S7" Stake ... $715 yzj *AH price* i. o. b. FJint, Michigan. Special equipment ettra. Low delivered price* and eatjr GMAC term*. * "'iifw tirely hew type of rear axle with the outstanding mechanical advantages of a four-pinion differential and a straddlemounted pinion with bearing support on both sides. > In addition, the Chevrolet 131-inch truck now has a much stronger frame, with deeper, heavier sidle members. The 1^-ton models hat^e a sturdier universal joint, as well as larger brakes, improved springs, and BTltW 13"-gal ton ; fuel tank. . ' : Nothing that Chevrolet has ever done before in^ trucks, can equal the importance of th^s 'announcement: A t 'ronger, mar* powerful, more < lirable six-cylinder lino. Even riS(s>?3^fea/ than last year. j /.nd priced ??ToW as $44Qt* CHEVROLET MOTOR CO., DlMk, Ukk 3 j \ ?<J>' b: 'I - ^ - - fl /-> A *ctow V?lu. ~c' ' Av - / i * CAMDEN CHEVROLET COMPANY West DeKsIb Street - " >' y^^C. M. Graves, Mimhw '" B I CHEVROLET TRUCK DEMONSTRATION WEEK-JANUj^Y 14 TO 2? ^