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THURSDAY, APRIL Uth. TRR RAKNWKLL PHOPLU-SDITINIL. BARKWRLL, SOUTH CABOUHA EDUCATIONAL PREPARATION A REQUIREMENT FOR SUCCESS IN MODERN DUSINESS ; • Death-Knell Sounded for Guesswork and Slipshod Methods by Advancing Technical Proficiency in j | Finance, Trade and Industry—How Bai ks Are Developing a Professionally Qualified Generation of Younger Bankers. By HAROLD STONIER American Bankers Association T HE great school of Experience is still holding classes in America, but the scientific spirit of the age has so gener ally invaded the workshops of industry and trade that they have largely become technical research and training laboratories in themselves and are no longer run on th6 old-fashioned cut-and- try methods of former generations when Ex perience was considered the only teacher. It would be hard to find a working force in any pre-eminently successful business or in dustrial organization in the United States today but what the dominating leadership is schooled in the scientific principles of its specific field, whether manufacturing, mer chandising or finance. The rapidly advanc ing standards of business in this country, with their relentless demands for efficiency as the only hope for survival in the competi tive struggle for economic existence, has sounded the death-knell for guesswork and slipshod methods. As a result, educational preparation in the techniques of commerce, industry and finance are virtually essential to outstanding success in these fields, as it is already an absolute prerequisite in the various recognized professions. This is not to depreciate the value of ability and eip<*rl*nce In bu*l- I — HAROLD STONIER, Beat, bat education after all la m*n»ly ft meana for belplnr the Individual to Apply tha net aood of the accumulated Is th*» educational section of the Amer ican Bankers ARHodatlon. It was formed twenty-elfht yearH njco by bank experience of many to hia own day ^ » employee* and officers and ha* been work—ft mean* for helpInK special natlra ability to come Into It* own mora rapidly and mirely and for en abling all da**** of ability to Kain the ma 11mum of •iicces* to which they are entitled Tbeae fact* are plaluly recognised by practical, workaday buainesa In • very line Every pr>gre**tve bu*l Be** organliatlon In America I* em pha-'flnj; the importance of education a* never before Education ha* come to be looked upon a* the An*wer to B*aov of the problem* within the or gantiAtlon a* well a* to problem* af feeling industry a« a whole Business Organising Institutes Institutes for developing apeclflraliy ^•alifled worker* are being operated «r organised In many Held* of com aMr' tal and Industrial activity These ta*t!!utea are trying varkiu* type* of •durational work with a d!*tluct trend toward more and more erap!»a*l* upon education for the rank and tile of bust Be** employees of all grade* We have been having hu»ine«* fall •re* in ihi* country at the rate of ftbou’ 2.000 a month. This score speak* for lt*e!f It 1* glaring evidence of in competence on the par* of thousand* of hu*lnc«* own In h mdllng the proh lern* Inherent In their field* of en driver The de'.n! d records show th.v practically TV; of hustne** fall ure In this country I* due to lack of training and competence on the p:irt of those who failed Th.s I* conclu- afve evidence thftl no one can afford to undertake executive btislne** re sponsibilities without adequate educa tion and training. It is for that reason that every enlightened business organ ization is today Insisting as never be fore that its employees take advan tage of some type of technical train ing American banking Is fortunate and feas Just cause for pride In that It has b record of twenty-eight years of detl- aitely organized educational activity among Its workers to Its cred weloping trained bankers. People In Banks In large numbers are taking advantage of the educational opportu- 'iilty given by the great non-commercial college''of the banking business, the American Institute of Banking. They jjariiie of the training It gives. Of the graduates of this Institute, 70% 'now occupy official positions In Amer ican banks. The other 30% are still -too young to have attained such heights. Here is an example and an encouragement to the people of all 'lines of business. The American Institute of Banking Am ft membership of 04,320. Of these 33,851 are class enrolments, comprise In* younger bank people, both men and women, who are learning the sci- •ntifle technique of their chosen busi ness at the same time they are en gaged in the practical work of earning their livings at it. The difference be tween the 33,851 enrolled In classes and the 64,320 total membership com prises older bankers who have taken the Institute courses In the past or < are at the present time sponsoring aome type of educational work in the organization. Banking Edueatej Its People ft has been estimated that there are . probably 375,000 bank officers and em- ! ployees in the United States at the ' present thnb. These figures would j mean that about one banker in every six Is either enrolled in Institute classes In banking or Is actively sup- parting soma educational function of 1 tha organization. No statement could poaeibly give more emphasis to the ‘ oa educatloa by the ^ of America than tMttUts of carried on ever since as a voluntary organization. Many students who have graduated continue their membership In order to give active support to some type of educational work other than the actual class program. Til.* greater part of the educational work 1* carried on In 200 cities and town* In the United States. Here the local chapter of the American Insti tute of Hanking has Its regularly or ganized courses of study under super vision of the national body with local Instructors and directors to fulfil the standard requirements regarding text material, classwork and examinations. Instructors are recruited from the staff* of leading universities, from members of the legal profession and from among accountants and bank men who have made a record in aome field of activity In banking that marks them a* experts. All Instructors must be approved by the national organiza tion They are rompen*ated by the lo cal units Ttie student* pay tuition. In which they are frequently aided by their employing banks, and this, to gether with contributions made by the | bank* for general cla**room overhead, finance* the educational program Education a Pathway to Advancement landing banks In varloua part* of the country arc insl*ting that their employee* take work In the Insti tute This l* frequently a part of their contract of employment at the time they enter the bank. It l* also now quite generally understood In the field of American banking that study In the American Institute of Bank ing Is considered one of the basic factors in the promotion of the in dividual to a place of importance In a bank. The Standard Certificate of ths American Institute of Ranking is an nually gaining a greater and wider recognition among practical bankers throughout the United States. These certificates are coming to have the w Importance In the banking world that certificates of education have in the field of the general professions. This is a practical example and one thoroughly well demonstrated by sea soned experience of the pew spirit of American business. ^ Chaplin Comedy for Benefit of Patient Charlie Chaplin in “The Circus!” Peanuts, sawdust, pink lemonade, clowns, tigers, elephants, roaring lions, acrobats, wire-walkers and Charlie Chaglin in his brand new comedy will all be at the Vamp Thea tre on Friday night, the 19th inst. Written, directed and produced by Charlie Chapin, “The Circus” was two years in the making and it is the first Chaplin comedy since “The Gold Rush.” The story is as follows: Charlie is out of work. He happens into the vicinity or a circus. His freedom is menacedwhen he unknow ingly becomes the accomplice of a pickpocket. His fleetness and inge nuity carry him to a place of safety. He runs into a job in the circus as a handy man/ His awkwardness causes him to Ipse his job. When the work men about the circus call a strike, Charlie is again hired. He falls in love wiih the circus owner’s daugh- ter. A new performer in the person of a handsome young man joins the com pany and the girl falls in love with him, not knowing of Charie’s deep af fection for her; Charlie’s ability to do anything lesults in his being called into service when the wire walker fails to appear; he h the nit of the show but doesn’t know it. He pro tects the girl from abuse of her- father ar.d thereby loses his job. He goes away to star^life over again; the girl runs away and meets! Cnante and he returns to the circus grounds and* appeals to the handsome young performer to marry the girl. After the wedding the three return to the circus; ( harlie it hired again at the demand of the daughter, but as the circus cr v a van moves on to another tity, ('harlie remains behind in recol lection of what might have been. The above show* is worth waiting for. That is what you are going to say when you «ee “The Circus.” Comic* may come and comics may go, but there’s only one Charlie. Just imagire Charlie a* a tignt rope walker in a small town circus! Imagine (harlie in a den of wild lions. See “The Circus.” It is Charlie at his fuimttst. The proceed? from this show, after paying txpenses, will be used to de fray the expense* of a very ill patient in a Columbia hospital who is without funds and ha* just undergone a fourth operation. Remember the date: FRIDAY, APRIL 19th. Place—V’amp Theatre. Hour, 8:15. Price*, 25c and 50c. Mathi* accompanied them where they took the train for Atlanta on their return to school at Agnes Scott. Miss Miry Martin wag an Easter guest at her home here, returning to the university Monday. Newton Heckle* of Saluda, was a week-end visitor here from Saluda. / • * ,r '* *___ HALL & COLE, Inc. 94-102 FANEU1L HALL MARKET. BOSTON, MASS. Commission Merchants and Distributors of ASPARAGUS I X » x X # # ■ J A One of the Oldest Commission Houses in the Trade. X X * i. *j; Send for Shipping Stamp. $ i . ’ - .' $ Tomato Plants I have several thousand toj plants now ready for transplai They consist of Hastings’ best varie- tiee and were grown in the open. II Prices: 10c per dozen, 40c per hun dred. Special prices on large quan tities. E. E. GOODSON, V Barnwell, S. C. Local and Personal News of Blackville ONE COW VS. ONE DOZEN “Why milk twelve poor cows when one good cow will do the work of the twelve?” asks the bulletin of the American Bankers Association Agri cultural Commission. It declares that analysis of more than 100,000 indi vidual yearly records from cows on test In dairy herd improvement asso ciations indicate that on the average: Cows that produced 100 lbs. butterfat a year returned $14 each over feed cost; Cows that produced 200 lbs. butterfat a year returned $54 each over feed cost; Cows that produced 300 lbs. butterfat a year returned $96 each over feed cost; * I Cows that produced 400 lbs. butterfat a year returned $138 each over feed - cost; Cows that produced 500 lbs. butterfat a year returned $178 each over feed cost; In other words, one 500-pound pro ducer will return $10 more over feed cost than twelve 100 lb. producers This does not take, into account, either, the added labor of milking and caring for the larger herd, or the mnch greater expense of providing stable room for a dosen Instead et a tingle animal The figures are baaed oa farm prieee from an farts et the HBitry* ^ * Blackville, April- 7.—The Home Economic* da *e* of the Blackville *chool under the direction of their in structor, Mi** Kulala O^bourre enter tained rt dinner Monday evenirgi at the *chdhou*e. Mr*'. E. H. Weissin- ger, Mr*. Frank Walker, Mr*. II. D. Still and Mr*. L. C. Still were guests The dir.ner was setved with Doris Baughman and Zelma Hightower as hosteaaaa.1 Wednesday evening, with Miss Es telle Steeley and Mioi Elizabeth Bax ley as hostesses, dinner was given for Mrs. Sa:q Poliakoff, Mrs. A. H. Nine- stein, Mrs. T. O. Boland and Mrs. H. L. BuistJ The Davi* Lee chapter, U. Di C., met Tuerday with a good crowd in at tendance. Delegates were appointed to the U. D. C. conference in John ston: Mrs. T. L. Wragg with Mrs. J. V. Matthews; alternate, Mrs. A. H. NTnestein, president, with Mrs. Frank Walker, alternate- Refreshments .wbre served. The Embroidery club met Thursday afternoon with Mrs. T. O. Boland. Contests were enjoyed, Mrs. B. L. Boylston cutting the prize, which was a pretty piece of embroidery. The hostess served a salad course. Miss Helen Weissinger was hostess to the Monday Afternoon Bridge club. Mrs. Posey, of Hartsville, returned to her home Tuesday, after a visit with her son, Prof. G. F. Posey, super intendent of the schools here. . Miss Martha Still was at home from Chicora college for a few days last week. Mrs. Minnick and baby, of Charles ton, spent a few days with her par- epts, Mr. and Mrs. C. J. Ficklir.g last w’eek. Mr*.. W. R. Carroll and children are visiting relatives in Chaileston. Mr. and Mrs. Somers Pringle are spending some time with Mr. and Mrs. J. W. Browning, Jr., in Columbia. DuMont and Bridges Boylston and Miss Louise Peace were week-end guests of Mr, and Mm. B. L. Boyls ton. Mrs. C. H. Mathis and Mrs. T. O. Boland motored to Augusta Wednes day. The Missos Hettie and Etta South Carolina Power Company announces the opening of its Special Spring Sale \ v of the The General Electric Refrigerator “makes it safe to be hungry” New models—small down payments—liberal terms. Ask any employee of the South Carolina Power Company or see the new models on display at office of the SOUTH CAROLINA POWER COMPANY BARNWELL BLACKVILLE WILL1STON DENMARK ( HEVROLFT 3ggTjl!/r*‘ efore tjou him next automobile _. learn whq over 300,000 have alreadu * The COACH The ROADSTER The PHAETON The COUPE . . The SEDAN . . . e Sftoi -CABRIOLET . . The Cont-erf- ibfe LANDAU . The Sedan Delivery . The Light Delivery Chassis The 1 H Ton Chassis . The IHTon Chassis with Cab . *525 *525 *595 *675 *695 *725 *595 *400 *545 *650 All prices f. o. b. factory, Flint, Mich. COMPARE the delivered price as well as the list priLe in considering automobile values. Chev. rolet’s delivered prices include only reasonable charges for delivery and financing. Chevrolet Six Since January first, over 300,000 people have chosen the Chevrolet Six. And every day sees an increase in this tremendous public acceptance— —for the new Chevrolet not only brings the enjoyment of six-cylinder performance within the reach of every body everywhere, bi«t gives the Chevrolet buyer a greater dollar value than any other low-priced car. Just consider what you get in the Chevrolet Six! The smoothness, flexibility and power of a six-cylinder engine which delivers better than twenty miles to the gallon* The beauty and luxury of bodies by Fisher with adjustable driver’s seat. The effortless control of big, quiet, non-locking 4-wheel brakes and ball bearing steering. Then consider Chevrolet prices! And you will discover that this fine quality Six can actually be bought in the price range of L the four! Come in. Let us prove that anyone who can afford any car can afford a Chevrolet Sixi Grubbs Chevrolet Company Barnwell, S. C.