The Barnwell people-sentinel. (Barnwell, S.C.) 1925-current, February 20, 1930, Image 8

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FINDS STATE BANKS WEUSUPERVISED Bankers Body Sees Less Politics in Banking Departments With Better Facilities in the Hands of the Responsible Officials. •A survey of stale banking depart ntents by the State Bank Division, American Bankers Association, dis closes a distinct tendency the past live years to take bank supervision out of politics, to increase the discretionary powers of bank commissioners, to lengthen their terms of office, to sup ply them with adequafe forces of qualified examiners and to relieve banking departments of duties foreign to banking, says a recent statement issued by the association. “We have consistently urged that the office of bank commissioner be as free from partisan politics as the ju diciary itself and that it be divorced from all other functions of state gov ernment,” the statement says. “Fur ther, that his term of office be made more secure and lasting, with suffi cient salary and power granted to at tract and retain the services of men of outstanding executive ability, cour age, resourcefulness and successful banking experience. “Five yfcars ago the first survey of state banking departments by the divi sion demonstrated the need for im provements. On the basis of cata now in hand it is evident that, through the revision of statutes in m^y states, rapid steps ore being taken in the right direction. One by one the states ■are coming to recognize the primary Importance of strong, competent bank ing dapartments The demand for in creasing the effectiveness of banking departments la beginning to met.” How Bank Commissioners Are Chosen ^be office of bank commissioner is Pow operated as an independent de partment of state government in thir ty-four states, the bankers find, in two states the bank commissioner is elected at general elections; in one he Is appointed from eligible lists of the civil service anj In another tie Is se- iected b/ the banks In one state the bankers' association elects a list of five names from which the governor appoints one as superintendent of banks; in another be is appointed by the State Corporation Commission and In another by the Slate Banking Board “Terms of office of bank commls-. giooere have been lengthened In sev eral states during the lost five years," the report says "In -S slates the terra is four years. In one. fito years. In Urea it is »U years and in some the term Is indefinite. A short term is condemned on the grounds that the commissioner has insufficient time to become thoroughly conversant with his field work. A longer term permits his rendering useful service through capitalizing his experience Five years ago the average length of arrvice wru Irsio iinn thr<v* year a. while now it has rieeti to five years. Higher Standards Required “Signs of an awakening to the nn cessity of making successful banking experience u (nullification for bank commissioner are evident. While elev en stales report no banking experi ence necessary, the majority require experience of this sort, ranging Irtrm two to live years Twelve states now have hanking boarde, with powers ranging from acting In uu advisory ■capacity to lull power over nil slate b nks to issue amt reject charters. “A healthy sign Is the number of reports which disclose that the com missioners have full power to appoint baqk examiners nr that these appoint ments are made from civil service lists This power is now granted to the commissioner by twenty-seven slates. Three require that selection bo from civil service lists. Comp faints are still made in a few states of po etical pressure In the appointment of 'examiners, but the contrary seems to be true in a growing number of states. The most capable commissioner can not successfully perform his duties ualess he is able to command the services of efficient, honest examiners. The safety of depositors Is dependent 00 their work, and their appointment, Biaess and compensation are highly important. The number of examiners hoi Increased, 25 per cent In the last Art yeari.” V BANKERS TO HOLD GREAT CONVENTION Cleveland, Ohio, has been desig- nated for the 1930 annual convention of the American Bankers Association. TkU organization, which numbers aheht 20,000 banka with 165,000,000,000 in assets, is annually the nation's most important, financial event. The attend ance ranges between five and ten thousand. -P* 'Cleveland Is especially significant in the history of the Association’s edu cational traditions since it was in this ■city, when the organization last met there In the year 1809, that the orlgl- nal resolution was presented looking formation of an educational This sabseqaently resulted In Institute of Banking in now enrolled 35.000 bank engaged in the study and scientific phase* GEOGRAPHY CHANGES ARE HADE IN 1929 Boundary Settlement* and Some Strife in Year. Washington. — important boundary changes, many settlements end some conflicts occurred daring 1029. A summary by the National Geo graphic society shows shifts of boun daries. populations and sovereignties of the past year. ‘'Important events in the field of world real estate." says a bulletin of the society, "were the establishment of the Vatican city, the settlement of the Tncna Arica question with s division of the territory between Chile and Peru, the Mukden government’s pledge of alliance to the central Chinese gov ernment at Nanking, the challenge to Uussinn railroad control t In north Manchuria, Great Britain’s approval of a plan to turn Iraq fro hi a mandate Into nn Independent nation, and the coup d'etat In Jugoslavia by which ministerial government was replaced with a dictatorship administered by the king. South American Adjustments. “Marked progress In settling Irri tating boundary questions was made in South America. In addition to the Tncna Arica settlement, war In the Chaco region between Paraguay and Boliva was checked by mediators. The mediators studying the question of which side was responsible for the clash have asked permission of the re^ spectlve nations to pursue the Inquiry deeper Into the larger question of a possible boundary. Brazil is busy net tling homidary questions on all sides. "Coincident with tlie declaration of dictatorship in Jugoslavia the name. Kingdom of the Serbs, (fronts and Slovenes, was stricken out and the provincial boundaries were redrawn. Along the Rhine, the allied forces of occupation were cut down. 2. r >,000 sol diers having been withdrawn in the last few months. With the evacuation of Wiesbaden, all British troops have left flip Ilhlne. Basel, Switzerland, on the upper Rhine, was selected as home of the new International bank. Land- bound Czechoslovakia acquired a sen port In lifjn by purchasing port rights from the free city of Hamburg. Ger man)’. Poles are reported to bo buy ing up land of many Germans who are migrating to Germany proper from Fast Prussia, the German province separated from Germany by the Polish corridor. “Little Monaco staged a Grau stnrklan revolt by which the Indignant citizens (who pay no taxes) won addl tlonal constitutional rights from the reigning prince. On the-northern lim its of France the autonomy movement In Alsace was frowned upon by the government Saar Cass Still Psnding. ‘The Verailles treaty calls for a final decision on ownership of the Saar and Its Iron mines by a plebiscite In IttCV. This plebiscite may lie aban doned If Germany and France .can reach a preliminary agreement which Is now a subject of discussion. “Premier Brland puhlhcly launched tin- M nitcd States of Europe’ plan at Geneva. F« onomic welding of the con tinentai nations Is going on rapidly through the development of industrial cartels which serve to puncture tnrllT walls. “In Asia, the Manchurian question, precipitated by the seizure of the Chi- nese-Fastera railway and the ex pulsion of Soviet railroad managers, may soon be settled. “The United States and Cunada signed s treaty permitting Increased* diversion of water from Niagara Falls for power development. In Central America the United States has as signed a Corps of engineers to survey the route for the proposed Nicaraguan canal connecting the Caribbean sea and the Pacific. Guatemala and Hon duras are trying to reach an agree ment over the disputed El Cinchodo territory. *"New territory was added to world maps by the discoveries of the Byrd expedition. Commander Byrd claimed for the United States Marie |5yrd land, which lies outside territories to which Great Britain has advanced claims. In the Antarctic, also. Nor way occupied an island in the Roald Amundsen sea for a whaling station, naming It Peter i island. “In the Arctic the Soviet government publicly proclaimed its ownership of Franz Joseph land. Norway has now definitely occupied Jan Mayen island, north of Iceland, and on the Island Norway has established a meteorolog ical station. Spitsbergen and Jan May en have been included under the new official name Svalbard." Peiping Resident* Object to Cow’* Stomach Street Peiping. — Residents . on “Cow’s Stomach street” (Nlu Tn Tsu) In Peiping have decided that- In modern China the name of this street should be changed. They have petitioned the municipal authorities, asking them, to change the name of the street rn “Big Praying x*nirC* ss more suitable to the (lories of their district ;,-L 1 Adventurous Seal Shot Nibbling Decoy Duck llelford. Conn.—The hunger of an tdventurrous gray seal which ren tured in Long Island sound, far from the haunts of Its kind, cost Its life when it attempted to nibble s wooden decoy here. Frank B. Brown, who wji* tor winged prey shot and tha mmmmmh Only One More Week Make Tax Returns. Respectfully Yours, v. W. R MANNING. Auditor MARKET GROWERS INVEST YOUR DOLLARS WHERE YOU KNOW THEY WILL EARN THE BIGGEST PROFIT. For Earliest and Most Prolific Crop' Plant Only ORIGINATOR’S STOCK CUCUMBER v* : * ONE POUND “Kirby Cucumber” (It Stays Green) K4 TRACS MARK iso. u a •AT “IT STAYS GREEN" SOLD ONLY IN SEALED PAC KA t c I. N. JSIMON *6 HON 436438 Market St, *- Philadelphia, a Not Originator’s Stock Unless la Container Illustrated Above. OR TEN YEARS “KIRBY” CUCUMBER — Origina tor’s Stock — has proved its Merits as the most Vigor ous Grower, Earliest and’ most Prolific Producer of Market wanted “Cukes”. It beats cotton planting prof its ten to one. It’s perfectly shaped cylindrical fruit, seven to eight inches long, retains its beautiful rich dark green color from stem to blossom end, longer than any other Cucumber. A perfect Shipper, in constant Market Demand for pickling and slicing — it always commands the HIGHEST PRICE. Knowing these facts, you cannot make any mistake in planting “KIRBY” CUCUMBER — BUT — insist on getting ORIGINATOR’S STOCK —sold ONLY in Sealed, Lithographed Packages as shown in Illustration. FACTS FROM SATISFED “KIRBY” GROWERS August 13, 1929.- “I just want to say to you folks the seed from your house have given better results than any seed I can get anywhere at any price in my 15 years truck ing 'ixperience. They have never failed to come true to form.'V* J. M. Weaver, Asheville, N. C. -p- November 7, 1925. “Relative to your Kirby cu cumber, I have tried several different varieties and the Kirby is the best so far. 1 find from only one years’ trial that it is* not only a stay-green but with stands the blight, also bears longer.” C. S. Glisson/ March 6, 1926. July 23, 1929. “Kirby seed is far superior to “Inclosed find money order any other variety. I would not for one pound and a half of Kir- plant if I could not get Kirby’s by Stay Green cucumber seed. because 1 know what they will do. I made over 700 crates on Last, fall I planted one pound of one and one half acres, and seed and shipped around 900 • Kirby sold when others would hapers of fancy cukes. 1 not. Kirby’s good enough for think they are the best cuke me.” seed cn the market. Kindly . E. L. Sandeis, Ulmers, S. C. mail out order at once. f June 4, 1929. Ed. Schafer, Ponchatoula, La. “Kirby Cucumbers are the P. S. I failed to say my cukes best I have ever used. They are the nicest size and -stay won fiist and second prize at the green longer.” State Fair at Shreveport last Mrs. Fred Baum, year.” Marshalltown, Iowa. , i Ed. C. Schafer. March 3, 1926. “Enclosed find check for which please forward to us immediate ly, five pounds of your Kirby cuke seed. We have used the Kirby cuke seed sirfee you introduced it and can say that there is not a cuke that excels it for earli ness and productiveness.” P. J. Dodson, Hammand, La. Hawkinsville, Ga. February 28th, 1929. “The Kirby cucumber is de cidedly the fihest we have ever planted.” J. Wade Dickson, Westminster, S. C. ? Kirby" Cucumber holds the confidence of both the market grower and the market ’ buyer. Originator’s stock in sealed lithographed container as illustrated above FOR SALE BY — — Simon Brown’s Sons, Blackville, S. C. Thomas, Ducker, Bamberg, S. C. Green & Company, Elko, S. C. R- G. Hiers, Williston, S. C. Mutual Trading Co., Blackville, S. C. The Best Pharmacy, Barnwell, S. C. Rizer Mercantile Company, Olar, S. C. We carry a full line of Vegetable and Flower Seed*. Selected Stock listed in our Market Gardener* Catalog. Send now for your free copy. t L N. SIMON & SON 438-S MARKET STREED WESLEY D. SIMON PHILADELPHIA, PA NORVAL E. KIRBY Ks