The Camden chronicle. (Camden, S.C.) 1888-1981, January 13, 1933, Page PAGE FOUR, Image 4
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? ^