The Laurens advertiser. (Laurens, S.C.) 1885-1973, March 28, 1917, Image 13
SPEll CENT MONEY
BOON TO FAltLEIRS
Columbia Federal Loan iank In Year
Will Lend Ten million lloHars.
Von Elgenken lieturns.
Columbia, March 25.-F. J. H1. von
Engelken, presidont of the Columbia
Federal Land Bank, has returned from
Washington, where he attended a con
ference of the presidents of the twelve
federal land banks with Secretary of
the Treasury MecAdoo and the mcimi
bers of the Federal Loan lloard.
Mr. Von F'ngelkenl expressed grati
fleation over the faet that this con
ference had fixed a flat rate of 5 per
cent, applying to all parts of the Unit
ed States. lie declared that this in
terest would prove a great boon to
the farmers of the Southeastern
States, and predieted that within a
yeai the Columbia Federal Land Bank
will have made loans aggregating
$l0,000,000.
lr. von ingelken announced that
the conference of bank presidents
passed a resolution requesting Con
gress to increase the limit of the
loans permitted to an individual bor
rower from $10,000 to $25,000. le
expressed tie hope that the special
sesloni of congress-, soon to convene,
would make this change for the arge
borrowers of the Columbia bank dis
trict.
III order that more funds may be
available for investment in farm loan
bonds, and fin turn- made available to
lend to farms of this district, Air. von
En gelkenIi urged that the legislatures
of North Carolina, Souith Carolina,
Georgia and lidimmediately pass
laws making farm loan bonds aip
proved ivest ment s for trust funds,
insurance companlies and savings
banks.
Mr. von Engelkeii annotneed Ilat
the bonds issued by tile twelve fed
oral land banks would be pdaced oil
the market. at 4 1-2 per cent, but
would probably be sold at a premliulli.
iie expressed gral tica (tion over the
fact that the Federal Farm 1.oan
Board had antielpaled that at least
$1011.000,000 of these hoids will be
issued duiring the coming year and is
makhIng arrangelientIs which will as
urI a ready market for them. All
of tills money will be made available
to the farm rs of thi l'nited States
at 5 per Cent.
To borrow from tile federal land
ba nks, farmers are required to organ
ize tiemuselves into groups ('ontallilig
at least ten farmer borrowers and
eacl goul asking lor at least $20,000
of loans. Tihe Coluibia Federal Land
Hlank is Iow preparec(d to furnish a
biIank form of artliles; of association
to make the organization of these
groups simple and easy. Other leces
sa ry blanks will also be fulrnished on
apileation.
Farmers are permitted to borrow
ilp to 50 per cent of tile appraised
value of the land, plus 20 per cent
of tihe value of tile permaneit insured
imirovements. TLoans are to be made
at r) per1 cent and must be retired on
the alutihorization plan, whileh tieans
repayment by fixed annual payments
TAIL(
ANNOUN
th wish to announc<
tepublic that I have
store in the Dial-Gra:
Post Office, where I
them.
I have taken the
line of clothing
No.
Less $
Than
I have over 300 sa
select from. You c
suitable color and fa
line.
throughout the )oriod of the loan.
The loans run from 5 to 40 years, at
the option of the borrower. The ob'
ject of these long time loans is to en
able the farmer to meet these small
annual payments out of the increased
earnings of the land made possible by
the investnit of the borrowed money.
This new banking system is purely
co-operative. It is for the solo use of
farmers an(1 prospective farmers.
F'ariners will eventually own all of the
stock of the federal Ind banks and
they will elect the oillcers of these
lanks. 'here Is no opportunity for
Individual profit in the entire syAtem.
The preliminary organization of
national farm loan associations has
Irogressed to a degree far beyond the
expectations of the F'e(era I Farm
SlJan Hoard at Washington and every
thing pollits to the uiniualilfled success
of tile new en terprise.
CLEANES YOUR HAIR
MAKES IT BEAUTIFUL,
THICK, GLOSSY, WAVY
Try this! All dandrufY disappears anl
hair stops coming out.
Surely try a "landerine Ilair
Cleane" if you wish to immediately
double the beauty of your hair. -Just
moisten a cloth with Dianderine and
draw it. carpfully through your haltir,
taking one sinall S st1dl at. a lime;
1 his will cleanse tlie hair of duIst, dirt
or any excessive oi -Aln a few mini
tes you will he al a'Aed. Your ha1ir
will be wavy, fliuffy mnd abundant and
possess anl incopi -able soil ne ss, .us
Ire and liuxuriane.
lesides beailtif ng Ih hli r''om, I))
plient ion of Dam erine (< olves (evey
particle of1 da11 iruf'' inivigorates om'!
sculp, stop ping It ig and falling hair
Danlderine is t tthe hair whal frei
siiwers of raii and sunshine are to
v(egel 1 1atio . It goes ri-lit to the Iool,
Ilvbiorates and st rensthie1s Ilieil. its
exhilarating, stimlati ngllv~ and life
producing properties cauise the hair to
grow long, sIrong and heatitifuil.
You 'all surely have prelty, soft.
lustrous hair, and lots of it. if you will
litst get a 25-cent. bottle of Knowlton's
Danderinc from any drug store or
toilet counter and try It as, directed.
1.ANY C.ASES TilED
IN NEWBElRitY C'OUllT
4'Itenerall s s ionse Term iBrings lifisy
We(ek . ,luire Peuriiloy FindsFilellds
Newberry, Mlarch 21.- Tecourt of
G"enleral sesslolns. witii Judge .1aIes
l Pourifoy preshl adjourned to
day after a week of hard and effee
tive work. This Is .Judge I 'emi Ifoy's
tirst appearance onl the bench in New
berry. It is not flattery to say that
he camte fully to ihe expectation of
his friends. presides -wIth ability
and dispatches business without. un
necessary delay and without undue
haste. The Judge, a son of the late
Daniel 13. Peurifoy of Saluda county,
was a near neighbor to Newborry in
his boyhood and young manhood days,
and has many friends here who are
gnratifled at fihe success he has attain
ed in the lpw.,
A mong hIlie week's work the cases
exciting the greatest public Interest
weI e: The State against the t hiree
Mathis brot hrs of Prosperity, who
were charged with aggravated assault
IR ING
'CEMENT
e to my friends and
opened up a tailoring
v block, opposite the
will be glad to serve
Scotch 7oolen Mills
N>
or~e
Than
.$20.00
*mples of woolens to
annot rail to find a
>ric out of this large
LAURENS
TAILORING CO.
E. E. MOORE, Prop
We Call Your Attention
..... rO .o.
This House of Many Bargains
WHY Pay Big Prices When You Can Get
- What You Want at a Bargain? We
are Showing Now 'a Large Assort
ment of Completely New Goods in
Many Lines.
.111, iIA N E-ll V .N 0'11 (o S E C
ENA 1 I. Ai 11E .\Ai I\tly 1)IAI .1 Sill.1-'r M SI
CitOCl1-ICY SO.\PS S11 1.1 p11I I
L.IS V.\tF-1,.\UNDiltY SDAl's BROOMS
WAS4 NG. 1'1WD-:1t I'-N 1-:11 t 1VEAi
-lir
Ll v3
vY~
HAYES 5c & IOc STO0RE
(ermndy4. . A. 4. anI.4 8~
OterS irs ... . 1.8 $24 $ .8
kln',ox orh 5),pr ai . 0
at P 4. 4 . -. .. .1..). . . 1 c,1 c 3
.4.c ...4 . ... .. . . .. . 9
500 Tak . . ... ... c
HA E c &an Jp- ea .....R2E
no41 eex'narainItec (a tl ge kisit e
s-sns'aurnu n 4,i 4'N i 1 toe 21 W3.5.L$.8aurens $5.
Special $17.(0 No.2Store O B. imon Old- tai n d
J. C BU NS & ae Cs~*~a.....iO . 5,
Vind batitery upon Policeman V. P.
Workman, this case resulting in an
acquittal, and the State against Ira
0. Burton, who was charged with
murdering David A. Langford. He was
Convicted of manslaughter and sen
tenced to 10 years. Burton will ap
peal and has been granted ball in
the suim of $3,000. All concerned in
the two cases named were whites. 'rthe
other cases were negroes. ''lhe case
of .1. 1. Toney and George W'orts,
charged with buli rning the ginnery
of NI. WN. Oxner at Kinards last Sep
tember resulted In the conviction of
George Werts of arson and his ;oin
tence to be elecrocited laly 21. Toney
was acquited. The Jurors deliberated
on this case nine hours, reaching a
verdict. about niduight last night. Al
bert Ilutler pleaded guIlty to forgery
and was sentenced to IS nonths. Will
Slialger was ConvIcted of housebreak
Ing and larony and got two years and
a line of $1. David luff for stealing
from the prison got three months or
$100. Noiman Counts pleaded guilty
of housebreavkIng and larceny and got
a line of $100 or 30 days, lie paid. Doc
lrown, accused of stealing live stock,
had his case dismissed after paying
$75.
Empty College "Jlonors".
III one of oir exchanges we read
tle following coniceriing a student in
one of the Iigler Isintution of leari'n
Ing In this State:
."Ills career at college has been one
nil interruptedc slecesslon of lIterary,
political a11d oratorical victories 1111d
holors .1nd he is siure to score just as
noted an1d decided a success of Ilis
life's work, for it, ma,y he truly said
ihat he voibilles a u1 lmolic persol
ality with ai tinusually brilliant in
Ielleel."
Perhaps 11hiihs 3'01ig ingmn may have
the italents and prospects which are
limiled inl such glowing fasiIon, but it
Is to be ieIiarked (hat college "hon
ors" by 11o means foreshadow siccess
in the world beyond acndemic walls.
Sometime.s tihey are proplie; some
ii tiles ihey are not. There are Iins
(if thousanIds of 1enl who were "prom
inenl" at college who haven't. aminouiut
('41 1t) a hil of henlis ince anil who
Ii:ve iever ''nhal tihe h:lder of fane.
1.i aI.the woods ar.fill I of first hon
or gradua tes who are ,doing well to
im1a -h0 a year. On the oiler hand,
there aie voillitess men who were oh
sVIIre, unn11oticed and almost unlknlowni
at college, not 'brilliant," or "iag
nelle" who sinice going out into the
world have struck thirteetn In success.
That ungainly, awkward fellow w%]ho
nic\ever wore a dress suit, and general
ly at telided to his own bsilness and let
college polities and "lionors" ilone,
m.ay become t (aptai of iduistry, a
noted scholar or a statesimian. The
popila r collegian who garners a
galaxy of coll'ge distinctions Is jilst
as likely to ie a drah and commioni
place personality after collec days as
ie is to ie a su'cessfii Iersoiage. '
The student who gets file most out.
of college Is the man wh-]to applies lte
riule of reason to his aeti vitles there,
who maintains an etilItable proportion
iI hiIs work and play. The youn ig m1iani1
w~ho malos his ol01lege nojourn'i wvorthI
whli le Is neither a gindl nor a sport,
lie :adoipts thle happy ml ieans of not1 ov
erd(oing in aiiy sIngle sphere; lie stut
dies enough to have a good class
standliig but lie does not study etern
ally; lie is interested in college ae-~
tivities, but there are things to lie
had in collego t hat are wvorth more to;
him t han college "honors''. Such a
man findis Joy In conitact and1( compan
ionsh ip w'ith hiIs fellows, in broad
readiing beyond thle coineiis oif the our
riculum i, In liuittiIng as high a v'alua
tIon upon wisdom as upon knowledge.
He dloes not conflnc his (Iiest for
both to the field charted out foir him
In his courses.
College honors have caused so much
trouble In colleges and universIties
that there Is a strong movement, afoot
to remove them fromn the gift, of the
student body aiid have theni awvarded
by an impartIal hoard. There are al
ways cliqtues who wish Io control col
lege "honor's'" and lparcel thiemi out,
just as the successful polilleclan hands
out the spoils of oflce. This causes
dissension, animosIty and bitterness,
tings s h Ich should have no pilace In
the heart and minds of youg men01 In
"'hat shioiild be an atmIiospihere of
iweet ness aniid Iilit, of1 happiy, biright
fello(w: hi p. It. is a tremendous lilty
that1 ('Oly' a "honors"15' exi1st at all; t hey
are i'd e0 01 :- andl worilbhiless when~i
lastilng thIng.s 14)o 2:oughit by~ yoiuth.
Such dIsItlintel ons are '1rniieral1, soon1
fled, soon forgoltten.-G (re .Ii 4' liaily
Drives Out Malaria, DuIlds Up System
'The Old atandard genecrn1 strenghinci~g tonic,
GR&OVEC'S TA'.STr ij's chill TON IC, driven; out
Mahnrln,enrli'csthebllood,aiudlbulklaupth esyc.
len). A true' tonic. F'or ndii ull odchldren. Sec.
wh-at Is thle Pest hEzemna lieniedy'.
Weallays recn!.end
ECZ ~MJIA . EDY
as the sues iemost satisfactory.
Sold only by ,50 and $1.00.
Kilreka Drug Co. -ILaureona and Watta
Mill.