University of South Carolina Libraries
EDISON AND GOLD. Great Inventor Has Little Respect for Most Precious Metal. "Gold makes pretty jewelry and picture frames and is used effectively for filling teeth. Otherwise it is an almost wholly useless substance. Yet we hold it as the standard of all values." That is Thomas A. Edison's valuation of gold. The famous American inventor has never believed in the gold standard idea. In an interview for the Mentor Magazine, he told why. "To me," Edison said, "The goldstandard system is largely fiction. Banks have a gold reserve of, say, fifty per cent of their note issue. This is fifty per cent alleged real reserve and fifty per cent pure gamuie, uie banks taking the gambling chance that the note holders will not call on them all at one time. Finally, if things go wrong, and the note holders begin to demand the fifty per cont gold, the banks fall back upon the credit of the government and the merchants' notes through the Federal reserve. "It seems absurd to me that all our values should be based on boxes of metal in any treasury. It is an absurdity, but everyone has4 been educated to believe that absurdity is common sense. "Before the invention of credit money there was gold enough to function perfectly with the small amount of business that was transacted. Now it is otherwise. Just think of using gold as a standard of value in the highly organized financial and commercial system at .present in vogue throughout the world! Under the present system our government tlin omnnnt nf OTklS in CCI llllCd IUC auivuui' vi. (>vav4 disks and bars of metallic alloy. Then they are packed into boxes and kept traveling continuously all over the world?New York to London, London to Bombay, back to New York, and so on. The principal quantity we keep in vaults as an alleged support to our circulation medium. Other governments follow the Same programme. "I should think that values should be based not upon supplies of gold in treasury vaults?for gold is a commodity and must fluctuate?but upon the wholesale price of the necessaries of life; that is, production cost plus a reasonable profit at the point of production, as for instance, the cost of coal at the mine or that of certain basic manufactured articles at the factory. "Why should not all. the governments of the world come together and establish an international index of value for exchangeable necessaries of life in the countries producing them. Then the peoples of the different nations could do business by the infinitely simple system of plain barter. You have so much oil; well, I have so much wool or woolen goods. I want your oil. You want my wool or cloth. We might be governments or ? individuals; it would not matter. A great amount of research and other work would need to be done before this system could be established, because of the different tastes and needs of the people. But what is better money than that based on certified commodities in government warehouses and merchants' short notes for goods actually sold and dis counted by a bank taking currency issued by the Federal Reserve bank, with notes as security? "We need not worry very much about a standard for super-luxuries, but the prices of absolute necessities ought to be fixed. As it is, no man can tell how much, food, clothing, pleasure, education, his labor will secure." Importance of the Comma. We all remember the smart school boy who wrote in bold hand on the blackboard: "Bill Smith Says Teacher is a Fool!" The teacher, and no doubt a good one, surveyed the legend with complacency. The boys, watching with much interest the out . come, saw their mentor take a piece of chalk, and nonchalently place a comma after Smith and teacher. Lo and behold, "Bill Smith, Says Teacher, is a Fool!" The comma within itself is a very humble mark of punctuation, but has a world of meaning when properly or improperly placed. Once a printer set up a poster to advertise an address by a millitant suffragette. Her subject was, "Woman: Without Her, Man Would Be a Savage." When the speaker called for the posters the proofreader had to leave town suddenly for the flaming sheets said: "Woman, Without H^r Man, Would Be a Savage."?Monroe (N. C.) En-. quirer. Taking No Chances. Jeweler: The gold plate on this ring, Mr. Cheape, will never come off." Mr. Cheape: "I guess I'll wait a while .Neither may the wedding." . j RUSSIAN CHURCH JEWELS Russian Government Puts Them to Fit Use. An Aladdin's cave of jewels has been opened by the decision of the Soviet authorities to confiscate some of the treasures of the Russian churches and sell them to feed the famine sufferers. (The Soviet decree issued Feb. 26, directs the seizure of all precious metals and stones "which would not interfere with the interests of the various cults." It has been announced that the All-Russian Central Committee will determine what articles are absolutely necessary for religious | pui"pui>w5 a, LIU CAClliyi liurn IC4UW tion.) Most famous of the church treasures, described by the Moscow newspaper Izvesta, is the bejewelled ikon, "Our Lady of Kazan," at the Kazan, Cathedral in Petrograd. It is a representation of the Virgin done in beaten gold, weighing 10 pounds and decorated with 1,655 larger and 1,-1 532 lesser diamonds, 638 rubies, seven sapphires, 1,400 pearls and 155 other jewels; and hung about the neck of the Virgin is a diamond neck-| lace of huge, first water stones. At Peter Paul's cathedral, also in Petrograd there is another famous ikon, known as the "Jerusalem Holy Lady," in solid gold. It is about two feet square, and contains 38 carats of large diamonds, 13, carats of middlesize diamonds and 14 and ,one-quarter carats of smaller* stones. Altogether, in this church, says the Izvestia, there are 24 almost equally valuable ikons. To St. Isaac's cathedral, Petrograd, were presented on the day it was cpended, a total of 125 articles containing 81 pounds of silver, and later a shrine was built of solid silver weighing 468 pounds. St. Isaac's also has one ikon 21 inches wide by 28 inches high, done in gold overlay and bearing a wreath in large diamonds. There are a dozen other ikons of tre mendous value at St. Isaac's alone. While these big Petrograd cathedrals, which were long favored by royalty, probably contain the most valuable treasures of the -Greek Orthodox, church in Russia, nearly every one of the estimated 61,000 other cathedrals, monasteries, convents and churches contains objects in gold and silver and jewelled ikons are not at all rare, even in the small edifices. Royal gifts, donations by pious parishoners and church taxes for centuries went largely into ornamenting the churches. Kazan cathedral was the holy of holies to the Cossacks. The Cossacks of the Don once sent to it 1,440 pounds of silver, asking that it be made into ikons of four of the Apostles. Beyond their value in precious, metaland jewels, some of the objects mighfbe extremely sought after by collectors. The Byzantine piagnificence of the jewelled ikons, however, might impress the Western world as more ornate than artistic. With a few scattered exceptions, wherein some looting of churches -may have occurred during the early days of the revolution, church treasures have been left practically intact. , Patriarch Tikhon, the head of the Russian church, is understood to contend that, since the church and the state have been separated, the title to the treasures rests in the hands of the parishoners of each church and that, therefore, it is for each parish to decide what treasures it wishes to surrender for the famine sufferers. He advises charity in this respect but it is believed in Moscow that the church, as a whole, will strenuously oppose general confiscation, while willing to surrender those objects which it does not consider particularly holy or of essential use in sacramental observances. Credentials Demanded. Some years ago the late Squire Abingdon Baird, Bart, came to this country as financial backer of Charlie Mitchell, English heavyweight, who was matched with Jim Corbett, then world champion. Baird Was wealthy and a good scout, although at times inclined to be a bit brusque. Just about that time it was quite the thing for successful pugilists to attempt to elevate the stage, the theatrical business beiner fluttered ud with chaps who hitherto performed exclusively in the squared circle. One night during his stay in New York, the Squire and some friends with taking some slight refreshments at the Hoffman House bar when a popular young matinee idol drifted in. He was introduced to the party and joined the group. Presently during a lull in the conversation, Baird leaned over his shoulder and whispered: "Beg pahdon. old chap, but wot did the chappie say your line was?" "I am a member of-the theatrical profession," was the reply. "Aw," ejaculated the sporty baronet, looking over the other's slim physique, "I say, old chap, pahdon me, but who in 'el did you ever lick?" fr I R. P. BELLINGER ATTORNEY-AT-LAW General Practice in All Courts I Office Work and Civil Business a Specialty Offices in rear over Hoffman's Store BAMBERG, S. C. J. F. Carter B. D. Carter J. Carl Kearse Carter, Carter & Kearse ATTORNEYS-AT-LAW Special attention given to setl tlement of Estates and Investigaj tion of Land Titles. Loans negotiated on Real Estate. NOTICE. If you need money and wish it on long terms in amounts less than ten thousand ($10,000.00) Dollars, I can make your application to the Federal Land Bank for such loans. For the white people, the Denmark National Farm Loan Association; the colored people the Edisto-Savannah River National Farm Loan Association. Come at once and sign your application. S. G. MAYFIELD. MASTER'S SALE. % By virtue of a decree of the Court of Common Pleas for Bamberg Coun'ty, S. C., heretofore made in the case of Merchants National Bank of Richmond against S. C. Hollifield, I, J. J. Brabham, Jr., Master for Bamberg County, will sell on salesday in November, 1922, being Monday, the sixth day of said month, during the usual hours of sale before the Courthouse door, in the City of Bamberg, S. C., to the highest bidder: Terms one-third cash and the balance in one and two years, secured by bond and mortgage of the purchaser, with interest .at '7 per cent, with the privilege of paying all cash. All that lot piece and parcel of land situate, lying and being in the County of Bamberg, State of South Carolina, containing thirfy-six and 5-10 (36.5) acres and bounded as ,#-11--.-. XT ?#1. V? T1..V.1."- T> J * ~ j-uixuws. rNUini uy jruuiiu nuau lu Bamberg, East by tract *No. 4 and lands o'f Black & Black, South by lands of Black & Black, and on the West by lands of A. L. Kirkland, said lands being Tract No. 5 shown on Plat made by H. Rudolph Schoenburg, dated October 17th, 1918 Also. That tract or parcel of land situate in the town of Bamberg, S. C. measuring one hundred and fifty feet more or less on the Eastern and Western sides, and six hundred and sixty four feet more or less on the Northern and Southern boundaries, bounded North by Wilson Street; East by lands of Dr. Love and S. W. Sandifer, South by lands of H. M. Graham, and on the West by right of way of Bamberg, Ehrhardt & Walterboro Railway Company, said lot being more fully described on plat made by H. Rudolph Schoenburg, dated October 18, 1918. J. J. BRABHAM,JR., Master Bamberg County. To Cure a Cold in One Day Take LAXATIVE BROMO QUININE (TaMets.) It tops the Caogh and Headache aad works of the Cold. E. W. GROVE'S signature on each box. 30c. SPECIAL TERM OP COURT FOR BAMBERG COUNTY. State of South Carolina, In the Supreme Court, April Term, 1922. In the matter of a special term of the Court of General Session and Common Pleas for Bamberg County. A satisfactory showing having been made to me that a special term of the Court of General Session and Common Pleas for the County of Bamberg is needed,. It is ordered that special term of the Court of General Session. and Common Pleas be beld in and for the County of Bamberg, at Bamberg Cojirt House, beginning on Monday, November 6th, 1922, and that notice thereof, as required by law, be given. (Signed) ' R. C. WATTS, Senior Associate Justice of the Supreme Court of S. C., Presiding. Columbia, S. C., Oct, 12, 1922. A true copy, attest: HARR? McCAW, Clerk. Pursuant to the above order, said session of court will convene in Bamberg on the date above mentioned. Only civil business will come before said court, as the criminal court has already been held. A. L. KIRKLAND, C. C. C. P. & G. S. Bamberg, S. C., Oct. 16, 1922. 11-2 DR. THOMAS BLACK RENTAL SURGEON Graduate Dental Department Uni versity of Maryland. MemDer s. u. State Dental Association. Office opposite postoffice. Office hours, 9:00 a. m. to 5:30 p. m. Habitual Constipation Cured in 14 to 21 Days "LAX-FOS WITH PEPSIN" is a specially, prepared Syrup Tonic-Laxative for Habitual Constipation. It relieves promptly but should be taken regularly for 14* to 21 days t to induce regular action. It Stimulates and Regulates. Very Pleasant to Take. 60c per bottle. MANY LIKE THIS IN BAMBER6 Similar Cases Being Published In Each Issue. The following case Is but one of many occurring daily in Bamberg. It is an easy matter to verify it. You cannot ask for better proof. * J. H. Murphy, farmer, Elm St, Bamberg, says: "I had a lameness in my back and my kidneys were disordered, causing annoyance. I used Doan's Kidney Pills and they completely cured me of this trouble and put my kidneys in good shape again, so I am glad to endorse this remedy. Anyone having trouble with their kidneys should try Doan's." 60c, at all dealers. Foster-Milburn Co., Mfrs., Buffalo, N. Y. Renew your subscription today. J. WESLEY CRUM, JR. ATTORNEY-AT-LAW Bamberg, S. C. Offices in Herald Building Practice in State and Federal Courts. Loans negotiated. Funeral Directors and Embalmers MOTOR HEARSE J. COONER & SONS BAMBERG, S. O. CARROLL S.S.CARROLL H TEACHES 9 watches Watchmaker B to and i tell Jeweler p the /I truth Bamberg, S. C? The Fidelity Mutual Life Insurance Co. Of Philadelphia Will pay you an "Income" if you live ?your family if you die?you should know about this plan C. W. RENTZ, JR., District Manager, Bamberg, S. C. Colds Cause Grip and Influenza LAXATIVE BROMO QUININE Tablets remove the cause. There is only one ' Bromo Quinine." E. W. GROVE'S signature on box. 30c. \ notice of final discharge^ Notice is hereby given that I 'will file mv final statement of my actings and doings as administrator of the estate of Mrs. Kate Ehrhardt, deceased, with the Probate Judge of Bamberg County on the 20th day of October, 1922, at 10 o'clock a. m. of said day and will then and there ask said Court for letters dismissory as such. J. B. EHRHARDT, Administrator of the estate of Mrs. Kate Ehrhardt, deceased. No Worms in a Healthy Child Ail children troubled with Worms have an unhealthy color, which indicates poor blood, and as a role, there is more or less stomach disturbance. GROVE'S TASTELESS CHILL TONIC given regularly for two or three weeks will enrich the blood. Improve thedigestion, and act as ageneral Strengthen fag Tonic to the whole system* Nature will then throw off or dispel the worms, and the Child will be hi perfect health. Pleasant to take, ttcperbottle. RILEY & COPELAND Successors to W. P. Rfley. Fire, Life Accident INSURANGE Office in J. D. Copeland's Store BAMBERG, S. C. ' ?J To Stop a Cough Quick take HAYES* HEALING HONEY,' a cough medicine which stops the cough by healing the inflamed and irritated tissues. A box of GROVE'S O-PEN-TRATE SALVE for Chest Colds, Head Cdlds and Croup is enclosed with every bottle of HAYES* HEALING HONEY. The salve should be rubbed on the chest and throat of children suffering from a Cold or Croup. The healing effect of Hayes' Healing Honey inside the throat combined with the healing effect of Grove's O-Pen-Trate Salve through the pores of the skin soon stops a cough. Both remedies are packed in one carton and the cost of the combined treatment is 35c. Just ask your druggist for HAYES' HEALING HONEY. | DR.G. M. TRULUCK I SPECIALIST i , 4 Eye, Ear, Nose, and < Throat Barton Bldg. Phone 274 Orangeburg, S. C. The Quinine That Does Not Affect the Head Because of its tonic and laxative effect, LAXAT^VE-BROMO QUININE is better than ordinary Quinine and does not cause nervousness nor ringing in head. Remember the full name and took for the signature of E. W. GROVE* 30c. I Best material and workman- I ship, light running requires fl little power; simple, easy to I handle. Are made in several I sizes and are good, substantial I i^ioney-making machines down g to the smallest size. Write for g E showing Engines, Boil- I all Saw Mill supplies. I RD IRON WORKS & I SUPPLY OO. 1 ugusta, Georgia B A TOISJIO Grove's Tasteless chill Tonic restores Energy and Vitality by Purifying and Enriching the Blood. When you feel its1 strengthening, invigorating effect, see how it brings color to the cheeks and how it improves the appetite, you will then appreciate its true tonic value. Grove's Tasteless chill Tonic is simply Iron and Quinine suspended in syrup. So pleasant even children like it The blood needs QUININE to Purify it and IRON to j Enrich it. Destroys Malarial germs and Grip germs by its Strengthening, Invigorating Effect 60c. ? We will gladly pay you 5 per cent interest on 1 time deposits, or I Your money in a Checking Account here will be - m immediately available for any need, but? | Equally important, an Account properly man- 1 - -'-M aged builds for you a Credit that may some day be | the most important ractor m your success. Anyway you figure it, an Account here will ^ HELP [ (s?d om ^ WwWiBB r<J THAT LASTS A LIFETIME I BBfjJ V Herald Book Store ' 1 f 1 |VJOvp* on Request ^|j|- |&j f\ 1 |(m Vain Lsays tm Fridays only The Cotton 03 Co. BIG SUBSCRIPTION OFFER f mw MAGAZINES and OUR NEWSPAPER ||f yL?fZk for $2.55 Order Now * M THIS EXCEPTIONAL OFFER IS COOP FOR A SHORT TIME OHLV Subscriptions may be new or renewal. All renewal subscription* will be extended for one year from present date of expiration* THE BAMBERG HERALD, Bamberg S. C. f|