The Bamberg herald. (Bamberg, S.C.) 1891-1972, November 12, 1914, Page 3, Image 3
INSURANCE MONEY.
McMaster Estimates for 191:5 $8,0<
000 Sent Out of State.
Columbia. Nov. 7.?Insurance Ci
missioner F. H. McMaster, discuss
1 the amount of money sent out of i
State in premiums :or life insurai
oaiu .
During the year 1013 South Cs
linaians deposited in banks in ot
States exceeding SS,000,000 in C?
through the insurance premiums s
out of this State.
A number of companies draw c
siderable sums from the State wh
are not licensed in this State i
which do not report their annual i
mium collections. The compai
licensed during the year 1913 rep<
ed to the department premium
ceipts less cancellation and divide
returned to policyholders the sum
' $7,963.75S.99. Claims ^re paid
der policies isued in this State to
amount of $3,919,630.72. Come
5IUU5 yclIU LU agcutd C41 C. vouuiu^u
$1,292,605.09. State, county i
municipal taxes and license fees w
estimated at $253,947.65. Dedi
ing the sum of claims under poUc
the commissions paid to agents, j
the State, county and municipal t
and license fees from the net j
mium receipts, we find that th
was actually sent out of South Ca
lina during the year to insura
companies of other States the sun:
$2,497,575.53.
These figures are worthy of m
critical dissection, for thereby we r
leahn the very large sum that is s
' out of the State each year and
been sent out of the State each y
for a great number of years for f
manent investment. And as it
only been during the last five ye
that the companies have made s
permanent investiments in So
Carolina securities, some idea r
be gained of the great sums t
have been taken out of the State <
permanently invested elsewhere d
ing the last thirty or forty years.
An analysis of the figures t
show that the fire insurance c(
panies and the miscellaneous ins
ance companies take insignific
amounts out of the State as cc
pared with the amounts the life
' surance companies of other Sta
take out of South Carolina e:
year.
The so-called miscellaneous cc
panies, including the accident i
health companies, fidelity and su
ty, employers' liability, steam bol
' burglary, elevator, live stock, e
received in premiums from Soi
Carolinians during the year 19
$506,473.83. They paid back
claims, commissions to agents, St?
county and municipal taxes <
license fees $434,091.83, taking 1
of South Carolina in net premiu
$72,382. This may be conside
practically a net profit to these cc
panies.
The mutual fire insurance cc
panies of other States received
premiums in this State during 19
, $72,571.72. They paid back
claims under policies, State, cou
and municipal taxes and license fc
approximately $74,692.92, pay
back the State practically an exc
of $2,121.24. This was due larg
to dividends paid during 1913
policy holders in South Caroli
which, however, may be equali
in another year.
1 lie SlUL'tV U1C 1UO U1 ttUVC w
of other States received in premiu
in South Carolina during 1913, 5
601,906.SI. They paid back in 1c
es, commissions to agents, St;
county and municipal taxes ;
license fees approximately $2,41
079.56, making a net gain from
State of about $114,827.25. T
certainly is not excessive when
amount of premiums and insura
taken is considered, especially w]
it is to be remembered that it is
be divided among about 90 c<
panies. many of whom suffered 1<
es rather than gains from their So
Carolina business.
It is when we come to the life
6urance companies that we find t
great sums are taken out for peri
nent investment. During 1913
insurance companies of other St?
received in premiums less cance
tion and dividends the sum of i
782,806.63. They paid in claims
der policies $1,727,985.61.- The c<
missions to agents is estimated to
about $620,281.58. The State, co
tv and municipal taxes and lice
fees are estimated to be about $1!
050.96,. making a total paid back
to the State for claims under p
cies. commissions to agents and
way of taxes and license fees of !
470,319.15, leaving the net sum t
en for permanent investment of 1
312.4S7.4S.
It is worth while to consider
amount of cash which South C:
, lina is sending to other States
life insurance. The following fig?j
show the net amounts in cash t
have been sent to the several St;
during the year 1 1 -*t for lib' ins
ance premiums. From the gross i
mitims have been deducted the d
donds to policyholders, losses r
to beneficiaries. State, county
EGYPT CUTS COTTON* AREA.
[)(),- Decree Makes Great Reduction
Areage for 1015.
am- Washington. Nov. 3.?Consul-G
ingjeral O'ney Arnold reports from C
:his ro, Egypt, that by a decree publi
ice, ed on September 22 the area to
devoted to cotton in Egypt dur
iro- the agricultural vear 1015 is linii
her to a maximum or' 1.000,000 feddi
ish, (a feddan equals 1.03 acres),
ent j cultivation of the fibre being enti
ly prohibited in the basins of l'p
on- Egypt and no owner or tenant be
lich permitted to cultivate cotton over
and area exceeding one-fourth of a s
)re- gle agricultural property. In th
lies localities not suited to the grow
art- of grain cotton may be increa:
re- to one-third, but in no case is
nds maximum of 1.000,000 feddans
i of be exceeded. An exception is a
un- made as to lands in districts irrig
the ed by water from the Nile and
ais- nals. Non-conformance with the
1 at cree' will entail both punishment a
and fine and the destruction of planti;
ere beyond the legal limit. Wheat, co
ict- beans and other grain and food p
ies, ducts (as noted in Daily Consu
and and Trade Reports for October
ax- are to be grown in place of cotton
)re- In reviewing the situation tl
ere brought about the Egyptian Gaze
tro- of Alexandria says:
nee "The temporary curtailment
i of cultivation of cotton in this coun
will not be the unmixed calam
ore that it- might at first sight appe
nay The total European production
ent grain of all sorts is estimated
has 600,000,000 tons, while the impo
ear to Europe from all other parts of 1
,er_ world are 30,000,000 tons only,
has these figures it is apparent tl
ars should the coming European cr<
any show a shrinkage of not more tl:
uth 5 per cent., which is quite a low
nay sumption under present conditio
hat this deficiency will necessitate i
and Ports of double the quantity of n
ur- mal times. Unfortunately also 1
outlook is for a prolongation of 1
will war beyond this year, and in th
)m- circumstances we must foresee fa
iur- ine prices for foodstuffs. The y<
ant 1813 presents many parallel featu
>m- with the present and at that ti
in- prices rose 450 per cent, over norr
ttes ones. Foodstuffs will thus be v<
ach valuable and will advantageously
place the depreciated cotton.
>m- "Apart from the exigencies of 1
xnd financial situation, it may be rema
re- ed that the cotton land will now <
ler, tain the rest that many authorit
tc., consider it to be badly in need of.
nth further point is that our old enemi
13, the fnsect pests, will be starved o
in and we shall be able tro make a fr<
ite. start when cotton cultivation is
ind sumed. Also wheat is an inexpens
out thing to grow, requiring less lal
,ms and less water than cotton does,
red "Thus, far from being a necessi
sacrefice, reducing cotton eultivat:
at present will eventually prove
>m- b00E t0 the E?>"Ptian peasant, in vi
in of the high prices and the possib
13 ty of obtaining two crops from \
irj same land. Besides, a glut will tl
ntv 1)6 Prevented, enhancing the value
jpc. the unsold portion of the 1914tag
crop."
ess municipal taxes. The following j
aIv . x
w1 tne ngures:
t0 South Carolina sent last year
na- net premiums to California, $6
zed 973.64.
South Carolina sent last year
lIes net premiums to Connecticut, $7
lins 162.63.
South Carolina sent last year
)ss" net premiums to Florida. $4,717.3
lte> South Carolina sent last year
ind net premiums to Georgia, $111,66
57-_ 67.
t*ie South Carolina Sent last year
net premiums to Indiana, $32,45
the 15.
nce South Carolina sent last year
ien net premiums to Maryland, $1,62
10 11.
)m_ South Carolina sent last year
)ss" net premiums to Massachusetts, $S
uth 759.80.
South Carolina sent last year
in- net premiums to Missouri, $56,65
hat 67.
na- South Carolina sent last year
life net premiums to New Jersey, $3S
ttes 131.56.
11a- South Carolina sent last year
M,- net premiums ?o New York, $82
un- S60.16.
">ro- South Carolina sent last year
be net premiums to North Caroli
un- $417,261.96.
nse South Carolina sent last year
? net premiums to Ohio, $127,070.
in- South Carolina sent last year
oli- net premiums to Pensylvania, $2?
by 599.39.
52,- South Carolina sent last year
ah- net premiums to Tennessee, $63.5S
52,- 01.
South Carolina sent last year
the net premiums to Virginia. $4"
iro- 4 61.95.
for The grand total sent to a 1
ires States named was $2,946,921.76.
hat duet from this $02i?.2*l.58. an
lies timated amount paid to the aae
air- of the eonipanies in South Caroli
me- the cash amount sent out of the
ivi- ':n't year to ot'^er States for life
iaid curnr.ro premiums alone was $2.3:
and ' 4 9.!$.
t y
- ' - - ' - V NSS j
TOOK MEX WITH EMPTY GUN.
in Three Surrender to Keeper of Broad
Hirer Bridge.
en- Columbia, Nov. 5.?Two white
'ai- boys, John Driggers and Frank Coopsh
er, and a negro man John Franklin,
be armed with pistols, shortly before
ing noon today held up five negroes on
ted the Columbia. Newberry and Lallans
rens trestle, at the city limits, and
the robbed them of what cash was on
re- their persons. With their booty they
per proceeded up Broad River road, but
ing when crossing Broad River bridge
an were met by Melton Lorick, the
dn- white keeper, who held them at the
ose point of a shotgun until Sheriff Mcing
Cain and deputies arrived from Cosed
lumbia and took them in charge,
the The prisoners in the sheriff's office,
to after the money had been found on
lso them and the pistols taken from their
at- persons, confessed to the crime, it
ca- is claimed.
de- They were locked up in the State
md penitentiary charged with highway
ags robbery and carrying concealed wearn,
pons. Mr. Lorick's gun was unload
ro- ed, but this the prisoners aia noi
lar know until too late. The robbery
7) was a bold one and occurred within
sight of the penitentiary. Five neius
groes, Lewis Jackson, O'Dell Keyser,
:tte Xels Keyser, Gus Keyser and Essie
Jackson, all farm hands employed
of on the plantation of Representativetry
elect J. S. Huffman, in the Dutch
iity Fork, were crossing the Columbia,
ar. Newberry and Laurens trestle at the
of edge of the city limits when they
at were confronted by three armed men
rts who, at the point of pistols, comthe
pelied them to turn over what cash
On they had and submit to being searchhat
ed.
5PS Hold-Up Reported.
tan The negroes reported the hold-up
as- and Rural Policeman Koon, first getns,
ting the report, telephoned the deim
scription and news of the robbery
or- ahead. The highwaymen were makthe
ing up the Broad River road. Mr.
the Melton Lorick, the keeper of the
ese Broad River bridge, secured a shot.m
gun, and not daunted by the fact
aar that he had no shells, determined
res to attempt to check the robbers if
me they came in sight. Soon he saw
na.l them about to cross the bridge and,
2ry stepping boldly forward, pointed his
re- empty gun at them, and commanded,
"Hands up." The highwaymen raised
the their hands, and Mr. Lorick held
rk- them until the officers arrived. The
ob- prisoners offered him $35 and their
ies pistols if he would lower his gun,
A but he warned them to stand or else
es, they would abide the consequences,
ut, Shortly afterward Sheriff J. C. Mcish
Cain, Deputy Sheriff fleise, Rural
re- Policeman Koon, Deputy Boland and
ive Guard Robbins, of the penitentiary,
jor with the bloodhounds, drew up in a
machine, having made the run of
iry i three miles from Columbia at break
ion neck speed. The prisoners were
a brought to the sheriff's office and
ew there searched. Three 32-calibre pisili
tols, two of them Colts and one a
the Smith & Wesson, all loaded to the
ius hilt, and electric searchlight, cartof
ridges and an iron chisel were found
15 on them. Some money was found
and after they were taken to the
penitentiary another search revealed
&r6
more money, the total amount recovered
being $2G.50, which they
_m had taken from their victims on the
trestle in amounts of $2.50 or more.
Two of the alleged self-confessed
,^n highwaymen are white. One John
Driggers, about 16 years of age, was
said at the sheriff's office to have
. been parolled from the State Reformatory
at Florence about a year ago,
The other, Frank Cooper, is about
' 18. Both are residents of Columbia.
The third member of the gang is a
negro named John Franklin, alias
'* William Fessinger. He is about 25
- ? - e - 1.. A
n years 01 age ana 01 a sun.> uia^-,j
tion. He told the sheriff that he was
released from the city chain gang
n only last Saturday and at one time
served on the chain gang in Florida.
to,He
claimed also to be from Alabama.
The officers consider him a bad charin
- _ acter.
Officers are inclined to the opinion
. that the three started out for a reg,g
ular robbing game, and that the
hold-up on the trestle was just the
. beginning of their plans. Investi,0
_ gations are now being made to find
out if they have been connected with
. anv of the robberies in Columbia. A
in
gentleman telephoned the sheriff last
na,
night that his house was robbed last
in night and a pistol and $27."?0 in
money stolen. Each of the prisoners
in ?ust secure(i new leather holsters
lo _ for their pistols, the weapons also
being eomparative'y new. They
-n gave evidence of having prepared for
>0 - a p>"steniatio campaign of robbery.
.A IMIIIirit-Ul
in
i2.- "Rudolph." said the judge. not unkindly.
"here vou are again, charged
the with drunkenness. What have you
De-: to say?"
es-| "Judge." began the Teuton. "I tell
nts I you. I vas fainting a house in de
na, j nord >hie by a hnnte where der was
ate a French poodle dog. P -n a lady
in-j comes in and says to dat poodle:
! ?.-1 Tome here. Bismarck.' Den I?"
i "Discharged;" roared the judge.
i
.
LODGE MEETING.
Bamberg, Lodge, No. 38, Knights
I of Pythias meets first and fourti
; Monday nights at 7:30 p. m. Visit
| .ng brethren cordiallv invited.
A. M. DENBOW,
.! C ancedor Commander,
^ C. R. GILLIAM,
Keeper of Records and Seal.
;: ?
^8B PORTABLE AND STATIONARY
AND BOILERS
II
Saw. Lath and Shingle Mills. Injectors,
Pumps and Fittings, Wood
Saws. Splitters, Shafts, Pulleys,
Belting. Gasoline Engines
LAKflfi STOCK LOMBARD
Foundry, Machine, Boiler Works
Supply Store.
AUGUSTA. GA.
i
R. P. BELLINGER
ATTORNEY AT LAW
Office Over Bamberg Banking Co.
General Practice
LIFE, FIRE, LIVESTOCK
HEALTH and ACCIDENT
INSURANCE
Agent for Superior Monument Co
Can Save you Money on Tombstones
W. MAX WALKER
EHRH4 ItDT. S. C.
AFTER HOSPITALS AND pOCTORS
FAILED?EX-ZEMA-FO
CURED.
D. Holmes, Ozone Park. Long Island,
N. Y., writes: "While you hav<
not asked for a testimonial, I fee
that it is due. A preparation such a:
EX-ZEMA-FO should be known tc
everyone. I was a sufferer of thai
terrible disease called eczema foi
4 seven years, doctored with the mosi
'eminent New York specialists anc
1 several various Skin Hospitals to th<
'expense of over $300. Two bottle:
'of EX-ZEMA-FO cured me, and th<
best of it all was that I was able tc
1 give up the use of a salve, whicf
J was what they all prescribed. Youi
remedy EX-ZEMA-FO is a clear
j liquid, did not soil my linen and wen
right to the spot. I have been recommending
it to every one afflicted witl
"tliis disease and results have been th<
same as in my case.
EX-ZEMA-FO is the only prepar
ation of its kind sold on the guar
antie that it cures or money is re
- funded.
FOR SALE BY
Peoples Drug Co., Bamberg, S. C.
! G. MO YE DICKINSON
1 X S l* It A X C K AGENT
,1 ,
Will Write Anything
? - ' 1- t T la.
; j r ire. i iiriinut), .unucuc, u>n.
J hility, Casualty, in the
(' strongest and most reliable
companies.
>ly Motto: "Buy What I Xeed
in Bamberg, and Prom Those
Who Patronize Me. "
[ 'Phone IO-L, or at Oil Mill
i BAMBKKG, S. C.
CHICHESTER S PILLS
e"-" THE lllAUOM) BRAND. A
Ladi -w! A?l? y->nr UrnceUl for /A
t hl-ci.'w-t?r ( I'luinotid Tjrond/^\\
1'lils in Ked and Gold metafile
bores, sealed with Illae Ribtx>u. \/
Take no otbep. But of toor V
Unnfed.e. AskforClil.CIIES-TEHS
DIAMOND BRAND PILLS, for S6
years known as Best. Safest, Always Rellabu
OLD BY DRUGGISTS EVERYWHERE
Best material and workman.i
ship, light running, requires
j little power; simple, easy to
handle. Are made in several
| sizes and are good, substantial
money-making machines down
to the smallest size. Write for
catolog showing Engines, Boi! >
,1 \f)t1 ...nnlioc
11 PI ers ana an ww oui^u^o.
L LOMBARD IRON* WORKS &
8 SUPPLY CO.
' 4. P. Carter B. D. Carter
" CARTER & CARTER
Attorneys-at-Law
GENERAL PRACTICE
BAMBERG. S. C.
GRAHAM & BLACK
'I Attorneys-at-Law
; j
j Will j>raetire in the United State* an?
State Courts in any County
in the State.
j BAMBERG. S. C.
I
- ?
Break Your Land With Either a One or Two Horse . s
Chattanooga Plow
IT'S THE BEST IX THE WORLD.
<
I will accept cotton on account at 2 cents per pound over market price.
Highest market prices paid for peas.
J. A. HUNTER. 1
THE HARDWARE MAX, BAMBERG, S. C.
|| j
MONEY j
BETTER "
; I FRIEND I- "M
! WHEN ALL ELSE * 1
DESERT YOU IT IS THERE. I
I HAVE IT SAFE IN THE BANK * J
s There are lots of friends who will assure you of I j
> their friendship but who will have another engagement I
* when you need them badly. YOUR MONEY if it is 1
1 SAFE and GROWING in our bank will never forsake II
, you. It is a comfortable feeling to know you have it 1
t therefor any emergency or BUSINESS OPPORTU- J
NITY. If you make ONE DEPOSIT you have a start j
1 and you will soon have it looking big. ^ ^ J
I" Make OUR bank YOUR bank . I ||
.We pay 4 per cent, interest, com- 1 1
pounded quarterly on savings depsits I J
. I Farmers & Merchants Bank I I
I KHRHARDT, S. C. J . 3
Telephones I
nn Farms a
J V/XJ> JL TT * ~ ~ ~ i~ ;v<
50c per Month and Up i
. .
/
If there is no telephone on your
| farm write for our free booklet
[ telling how you may get service at j "J
small cost.
' ' * - ,'>|3
Address I
FARMERS' LINE DEPARTMENT 'M
SOUTHERN BELL TELEPHONE 9
AND TELEGRAPH COMPANY I
S. PRYOR STREET ATLANTA, GA. JT I
I Have You Poultry Troubles ? I fl
Cure the liver and you cure the bird. Nearly | vl9
all poultry troubles are due to a disordered liver. Bee Dee stock & fl fl
Thousands of poultry raisers who use it all year POULTRY MEDICINE fl
round to keep their flocks in good health, highly and SSS? 1 I
recommend cholera. Given regularly 5 ftfl
with the feed, in small M JH
I Ree Bee ST0?i LTRY | M
y *-* [YiLuiLinc. I rweciif v&ia. i m -j^h
? It's a Liver Medicine. ' r/> I fl
m 25c, 50c and $1. per can. jf
3 Also a strengthing Tonic. At your dealer's. ;? ,S
| ftnmaiM I