The Camden chronicle. (Camden, S.C.) 1888-1981, February 22, 1935, Page PAGE THREE, Image 3
Real Estate
FOR SALE
t
| Several fin# old Southern Homes and many modern
houses and cottages that can be bought at low
prices.
Some large tracts of land, any size up to 6,000
acres and other smaller farm tracts.
j Listed with us are a few pieces of business propIerty,
that are especially good buys.
Inquiries are invited on any Real Estate you may
be interested in.
SHANNON REALTY CO.
W. M. SHANNON, Manager
DeKulh Street Telephone 7
imentous Issue '
Decided By Court
Jiington, Feb. 18.?Dividing
> four, the supreme court to1
effect swept away any govnt
or private obligation to pay
ionds in gold.
tf Justice Hughes, delivering
ajority opinion in a courtroom
with the realization of an his-|
moment, said congress must be
0 deal as it saw fit with mat- j
hich would affect the currency,!
he court must take account of
it economic conditions even in!
on contracts. ]
renting?with three of his col;s?Justice
Mclleynolds said:
e constitution is gone."
ile invalidating the law saying
nment obligations need not be]
n gold, the court simultaneously j
1 holders of federal bonds the
to sue for redress in the court
lims.
s right also was denied holders
i> old gold certificates, who had
it to get $1.69 for each dollar
eir certificates.
? government won all along the
with regard to private bonds and
and municipal gold contracts,
each case, by five to four all
id, the court upheld the right
ngress to regulate the currency,
ief Justice Hughes read the maj
opinion.
reading the views -of the dis-i
rs, Justice McReynolds said "the
itution has been swept away."
reference to the federal gold
s, which were held to be an obion
that could not be repudiated,
lecision took note of potential efon
national economy should the
rs be allowed to sue for more
face value. x
i view of the adjustment of the
nal economy to the single measof
value as established by t/he
ation of the congress," the ma'
had held, "and the universal
ability and Use throughout the
ry of the legal tender currency
i-eting all engagements, the payof
the plaintiff of the amount
i he demands would appear to
itute not Recoupment of loss in
proper sense but an unjustified
nment. ?v.
laintiff seeks to make his case
' upon the theory that by reason
change in the weight of the
' he is entitled to one dollar and
-nine cents in the present cur
for every dollar promised by
5 <1, regardless of any actual
has suffered with respect to
-action in which his dollars
used. We think that position
able."
h'*c President Roosevelt withheld
elation was evident among
-ors both in congress and
:'"Vn.
are .not concerned with con'r
s" said the court, "in the,
'.hat consequences, however
?nay excuse an invasion of I
'tional right.
^ire concerned^ with the consti nd
power of the congress over
the monetary system of the country
and its attempted frustration.
"Exercising that power, the congress
has undertaken to establish a
uniform currency, and parity between
kinds of currency and to make that
currency, dollar for dollar, legal tender
for the payment of debts.
"In the light of abundant experience,
the congress was entitled to
chooso'such a uniform monetary system,
and to reject - a dual system,
with respect to all obligations within
the range of the exercise of its constitutional
authority.
"The contention that these gold
clauses are valid contracts and can
not be struck down proceeds upon
the assumption that private parties,
and state and municipalities may
make and enforce contracts which
may limit that authority.
"Dismissing that untenable assumption,
the facts must be faced.
"We think that it is clearly shown
that these (gold) clauses interfere
with the exertion of the power granted
to the- congress and certainly it
is not established that the congress
arbitrarily or capriciously decided
that such an interference existed."
While there was a little uncertainty
at the White House as to the exact
ruling on federal bonds, there was
no indication that presidential action
was imminent.
The court's position on private
bonds applied as well to bonds issued
by state and municipalities.
1 Regarding gold certificates, Hughes
.specified the court of claims had no
jurisdiction.
As to whether holders had the
right to recover actual damages when
gold coin is not paid, the court reminded
that tha admitted
congress had power to regulate currency
and' deliver gold. .
As to federal bonds Hughes said
the law was not. a valid act When
it applied dollar for dollar in payment
of government bonds, the question
being whether congress can Invalidate
the pledge which the government
made when ft pledged its credit
in issuing bonds.
Congress cannot ignore the promise
which the government had made,
he said, and congress cannot repudiate
the government's obligations.
But, it developed subsequently,,
those who consider themselves to
have suffered wrongly from the contested
law cannot sue for the additional
money they believe their due.
"The constitution is gone," McReynolds
stated in delivering one of
the dissents.
His emphatic view was that it
cquld not be disclosed at this'time
what would be the effect "of what i
has been done here this day."
He pointed out the solemn promise !
the government had made in the sale)
of its bonds that purchasers would!
receive payment in gold.
... -ill* "Opinion was in reference to j
the federal bonds case. There was
no way at the time of telling how
many justices joined him, whether
there was a division on all the cases.
His wo^ds were listened to with rapt
attention \)y the crowded courtroom.
I Enterprise Building and Loan Association I
Member United States B\iilding & Loan League J
j? J* J? /I
Installment shares sold in Monthly Series. Pay- j
I ments One Dollar a Share. Fully Paid Stock at One 1
I Hundred per share pays 5% Annually. i s
* jt # V
Office Hours Daily 9 A. M. to 3 P. M. 1
|w. R. Zemp, IVetfld**. IxH. Scherik, 9#cy.* +re**.
Lights of New York
by L. L. STEVENSON
Vuiilrucl bridge players hflio lako
part in t<~unuuu<-ii(s hu\e tinny pot bui
tTMtiiirns, according to .Mrs. Arthur
II. Loueks?bIio was Miss Mabel pierson
whyj she wub in tin* Detroit mayor's
ollice in (lie administration of the
late Oscar II. Mini?the l.nrclimoiit
bridge teacher. For Instance, I*. Hal
Sims?"he who give# slupa"-^-ltas a
rocking chair In which he Bits while
he plays. His initials are curved In
the handles so there Is no mistaking
the chair. Well, a lot of other tournament
players have also adopted rocking
chairs. They lake them with them
from table to table. The last big tournament
was played In the convention
hall at Ashury Park. The lloor Is concrete
and the scraping rockers made
quite a racket. That wasn't all. The
regular chairs were of metul. and as
they had to he moved to other tables,
I he din was increased accordingly,
* * *
At that same tournament, there was
the woman who had a pug dog?OJUe of
the real old-fashioned kind seen so seldom
nowadays?in her arms while she
played. The dog, Mrs. I/otieks said,
seemed to know bridge as when the
opponents were considering their
hands, it would growl, am] when the
opponents got uti to a slam, it would
hark excitedly. While the play was
going on, It would sleep contentedly,
and being a pug, of course It snored.
When the pug wasn't sleeping. It kept
Its eyes fixed on those who were playing
against its mistress.
* ?
Also learned what "pulling a coffee
house" Is. It means stampeding opponents
into making a wrong bid or
passing u game-going possibility, it is
done in various manners. One woman
did It by arriving late ut the table
where she was to piny and having a
luncheon delivered to her and her companion
during tiie bidding, (lentlc
game, tournament contract with everything
dependent on muthematica and
Intellectual acumen, eh, what?
Curious thing, but the drouth has
had an effect on the toys that will surround
the next Christmas trees. Newspaper
headlines?and the talk of elders?has
stimulated y^ung America's
Interest in farm life, according to the
experts. So, at a recent showing by
the Toy association, construction sets
that formerly featured historical log
cabins or skyscrapers or bridges now
offer complete burnyards for five-yearolds
to build along with authentic
housing for cows, bogs, sheep and
horso3 as well as proper fencing.
Rven electric train sets are now
equipped with pasture and barnyard
scenes to line the tracks and gas stations
five the landscape a further
tonch of realism.
P * *
Sheep and cow a are popular In the
push and pull Jtfitepory. They come
in wood, Metal end composition and
some have real skins and voices. There
are dolls In farm costumes and tractors,
dump carts, trucks and farm
wagons. Oh, yes. Starving cattle, the
experts say, here renewed young
America's interest to the cowboy. So
many ten-gallOP hats, furred pants,
holsters and lassos were on display.
fc
..AA'
little white iifo, I made reference
to the varied tasks performed by the
police emergency squad. A nQvel one
was recently added to the - list. A
twenty-three-months*old baby got her
head caught between the bars of her
crib. All efforts to free her having
failed, the emergency squad was called.
Within a few minutes she was free,
the police merely having snwed one of
the bars. That Isn't all, however.
While the other coppers were at work,
?ne the baby stories to keep her
mind off her troubles. And he did It
so well that he got sway only by telling
the baby he had to go home and
tell a story to his own little girl!
?. Bell Ryndtc&te.?WNU Service.
Three-Foot Arrowhead
Discovered in Illinois
Lynn Center, 111.?A huge nrrowhend
weighing 58 pounds and measuring
30 inches hi -> length by 10 Inches
in width, which Is believed to have
been used In Indian Ceremonials, was
found recently by Itussell Charisen of
Lynn .Center. He believes it Is the
largest arrowhead in existence.
The stone Is fashioned from a light
brown rock and bears the traditional
convex bump on one side and concave
depression on the other.
Seattle Starts Erection
of Largest Arboretum
Seattle.?-Construction of a vast arboretum,
claimed to be one of the
largest in the world, Is under way at
Seattle.
The municipal project, covering"200
acros, will contain almost all varieties
of trees and plants which will grow
In the Puget sound area.
1 Family of 4 Lives
Two Years on $200
Seattle.?That fhey. their two
children and a housekeeper have
lived very comfortably on a total
- Income of $200, is'the modest claim
of Mr. and 'Mrs. Parrnr Bum. Mr.
' 'Burn, -a nutslcftfftrttnd Mrs. Burn,
* vrttor, work ht|Iy enough each !
year to meet their scant demands.
. They Uve on a -small island of the
I iheautlftil Had tftian group, with a
1 va## * -gdtiJefi and a sea fujl of fish
its provide their rocnla.
4y - ,
!?_
Arthur Seniors Roche, 51, short
story writer and novelist, died at his
home at West l'alm Reach, Fla., after
an illness uf two weeks with heart
disease.
Heroic work by physicians and
nurses saved the lives of 42 patients
when fire destroyed a hospital at
Murray, Ky., Sunday. Property loss
is estimated at $150,000.
Catholic Bishop Bares of Berlin, issued
a proclamation on Sunday
against the "abuse of alcohol." He
declared that the consumption of alcohol
is increasing "omindtisly."
A 13-year-old boy of Buffalo, N. Y.,
is dead as the result of being choked
to death when the leash of a dog
with which he was playing, got
wound around his neck,
fiee in the state capitol at Richmond.
Flemington, N. J., now has the appearances
of a deserted village, following'
the end of the Hauptmann
trial.
Three Dollar Motor License Tag Bill
Columbia, Feb. 20.?A bill to enact
$3 motor vehicle licenses in line
with Governor Olin D. Johnston's
sweeping highway reorganisation
program was introduced totlay in the
house of representatives
Lightning Leave* Freak
Trail Through Domicile
Gr'oton, Conn.?Lightning left d
I freak trail through Ernest* Blackington's
home. Striking a tree, it dug a
ditch to the porch, pushed a cart 15
feet, split the kitchen linoleum, then
smashed a door casing, followed a
water pipe to the sink, twisting the
pipe near a faucet, tore a moulding
on a screen door, knocked plnster
from the celling, and left through the
roof, displacing shingles and leaving
two large holes.
I BASIC SLAG I
I THE 6-in-l SOIL BUILDER I
Average Analysis J
I Total Phosphoric Acid 8 to 10% Manganese Oxide 3%
| ( Iron Oxide 18.50% (Equivalent to 6% Mun^aneae Sulphate) j
| Silica 8.00% Fineness thru 100-meah screen ,. Over 80.00% flj
II Magnesium Qxide (Lime) 6.50% This product is offered as a Soil Builder and j
Calcium Oxide (Lime) 45.85% Soil Conditioner j
I Springs & Shannon, inc. Whitaker & Co. I
I Sole Agents for Kershaw County I
' ' - - - f" i- -r
Highest Yield1
ost cotton *M oorn 9w*wm
the Bouih w^ll envy $he rec-<
ords made last seteon fcy Iff. A- P.
Johns of Toccoa, peoijfla, pictured
above. Op ap gcre, gf cotton' * J*10|
staple, ht obtained a yfeld "of 1,876
lbs. of and pf ?fd.
result vm ft net gain of on
the acre.
On his cotton, Mr. Johns used
4tf> lhs. of a 4-10-4 fertiliser ft
njanlipg and Si4?rdresse4 > stub
!06 ibis, of American nitrate 6f soda.
With the same application on an
acre of corn, he made 169 bu. of
Hastings Prolific at a net gain of
%|140,65. ...
Both damonatratione were eon-'
- i ?????I?WP51
4uote4 Wfidef the supervision of the
American Cotton Association and '
flejttor Farming Campaign. Ool.
Jfarvle Jordan, Managing Director
of the Aaipclatpm ?Ud that ftU of
the Association's rpsultf last sea op
prove the ?piHe pf tefonsive
culture. "There are two things I'm
sure qf," Col Jordan remarked,
"Anh t^ey we that fe g44therperp
have to adopt intensive fillip* ip
the field ana have to support our
home Industries. When I look at a
result like this, i^ado with our own
Southern nitrate of so4a, think .
we have a combination the WujuIo
'world can't beat."
mmmmmmmmmmm
fr- ? -?si
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