The sun. [volume] (Newberry, S.C.) 1937-1972, September 05, 1941, Image 3

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FRIDAY, SEPTEMBER 5, 1941 THE NEWBERRY SUN PAGE THREE Unlimited Credit Limitations Explained Washington, Aug. 30.—The “$1 down and $1 every month” era vir tually disappeared today from the field of consumer buying. Under federal reserve board rules drafted at President Roosevelt’s or der, it will be illegal starting Mon day morning for stores, banks, fin ance companies or other businesses to give unlimited installment credit terms to consumers. On a question and answer basis, here’s the situation: Q. Do the rules apply to all con sumer transactions? A. No cash and ordinary charge account transactions are exempted altogether. The rtiles apply only to specified instalment sales or loans. Q. What are the restrictions ? A. Minimum down payments and maximum time to pay the balance are specified in each case. Q. How much time is allowed to complete payments? A. The limit is 18 months from the date of purchase (except that "lay away” purchases are dated when the goods are taken home). Q. How much down payment is required ? A. Thirty-three and one-third' per cent on automobiles, airplanes, pow er boats, boat motors, motorcycles; 20 per cent on mechanical refrigera tors, washing machines, ironers, suc tion cleaners, cooking stoves and ranges, electric dishwashers, room air-conditioners, sewing machines, radios and musical instruments made principally of metal; 15 per cent on furnaces and heating units for fur naces (including oil burners, gas con version burners and stokers, water heaters, water pumps, plumbing and I sanitary fixtures, home air condition ing systems, attic ventilating fans; 10 i per cent on furniture, pianos and; electric organs. Q. Do the rules apply to the cost of labor and materials for repair ing or improving a home? A. Yes if the cost is under $1,000. No down payment is required, but the loan must be paid off in 18 months. Also if one of the restricted items listed above—a new furnace, for in stance, is installed’—that item must be paid for as if it were purchased separately. Q. Do the rules apply to the con struction or purchase of a house? A. No. Transactions involving a complete house are exempt. Q. Are cash loans restricted? A. Yes, if the loan is under $1,000 and is to be repaid in instalments. Eighteen months is the limit. Q. Are farm implements involved? A. Old debts are not affected, ex cept that after November 1, an old debt consolidated with a new, or an old debt renewed or extended will come under the rules. Q. Does the furniture restriction cover such things as curtains? A. No. Floor, wall and bed cover ings and draperies are exempted, but “furniture” does include ice boxes, bed springs and mattresses. Students Can Borrow Q. Can a university student still borrow money for his education without restrictions? A. Yes, loans to students are spe cifically exempted. Q. What provision is made for a family that may have to borrow money to pay emergency expenses ? A. Exemptions are made on loans to pay medical, dental, hospital or funeral expenses if the borrower can show the limitations would work a hardship. Q. Are the sizes of instalment pay ments regulated? A. Yes. They must be of approx imately equal size ana spaced not more than a month apart (except in minor cases). Also, after January 1, the minimum monthly payment will be $5. Will Revoke License Q. What will happen to a store that violates these rules? A. It’s license to give instalment credit (everybody gets a license au- matioally to begin with) may be re voked or suspended. Then, if some one is caught giving instalment cre dit without a license he may be prosecuted under a world war law which has maximum penalties of ten years in excess and a fine of $10,- 000. Q. Who will administer the rules? A. The federal reserve board in Washington with the help of the 12 federal reserve banks and their 24 branches throughout the country. Q. Are these rules permanent? A. No. They are subject to change at any time. Later, if it chooses, the federal reserve board is authorized to regulate charge account and othw consumed credit, if it desires, or it can add or delete items on the res tricted list, change the down pay-' ments, or length of time to pay. Q. What is the purpose of the regu lation? A. To conserve materials for de fense and to prevent inflation. To Relieve \ ■■■ -pv tT'* Misery of ^ U ^ LIQUID, TABLETS SALVE NOSE DROPS COUGH DROPS Try “RUB-MY-TISM” A Wonderful Liniment CANADIAN’S DEVICE “BLOWS” PARACHUTISTS INTO THE SKY 666 Washington, Aug. 30.—A device to “blow” parachutists into the sky from a ground position has been pat ented by a Canadian inventor. United States patent office records desclosed tonight. Inventor Gabriel G. Serkau, of Montreal, Quebec, designed the de vice primarily as means of retaining paratroops without use of airplanes or elaborate steuctural steel towers. The mechanism consists princi pally of a large motor to compress air and a small platform from which two pipes extend. The trainee would ascend the platform and buckle on the parachute harness. Compressed air would be released from one of the pipes until the parachcte was filled and extended firmly upward. After a few adjustments in har ness and shroud lines, a powerful jet of air would be released from the second pipe and the pressure would send the paratrooper shoot ing into the air. While Serkau made no specific claims for altitude, he said the de vice could be adjusted to bring the parachutists down to within 100 feet of the takeoff poiut, or consid erably beyond if the ’chutists took advantage of the wind by maneuver ing the shroud lines. By use of this device, the inven tor said, a “tyro parachutist is not only gradually familiarized with the heart, blood circulation, lung and nerve reaction as one making a para chute descent from as high an alti tude as desired, but also is otherwise trained in acoustoming himself to conditions actually likely to be en countered by an aviator in saving himself from a disabled airplane by parachute jump.” He foresaw the possibility that his invention also would find favor in the amusement world, especially at carnivals and circuses. LAUREATE LANDS SHARK Dr. Rutledge and Party Get an Eight-Footer NOTICE OF JURY DRAWING We the undersigned Jury Commis sioners of Newberry county, shall on the 11th day of September 1941, at 9 o’clock A. M., in the Clerk of Court’s office, openly and publicly, draw thir ty-six names to serve as Petit Jurors for the Common Pleas term of Court, convening in Newberry county court house" September 22nd, 1941, at 10 o’clock a. m. H. K. BOYD, Clerk of Court, P. N. ABRAMS, Auditor, J. R. DAWKINS, Treasurer. August 30, 1941. “Isn’t your son rather young to join the army?” “Yes, but you see, he’s only in the infantry.” McClellansville, Aug. 31.—Special: Dr. Archibald Rutledge, poet lau reate of South Carolina, had what he considers one of the most enjoyable fishing trips since the doys of his boyhood. With John M. Lofton, Jr., and Alec L. Lofton, accompanied by Prince Alston, a retainer of Hampton plan, tation, they set out about noon for Clark’s Creek, three or four miles from McClellansville, using a small boat with an out-board motor. Shrimp were plentiful in the narrow creeks, and with a cast net they soon had an adequate supply of bait. Although the tide was ebbing, they caught eighty- five fish with hand lines, mainly trout, whiting, croakers and yellow tail. The main thrill of the afternoon came when they fished for shark, using a five gallon jug as a float, they tied a heavy hemp plow line to the handle. At one end was fastened 1 a shark hook baited with a chunk of meat cut from a small shark they had caught; the other end was fastened to the boat. Suddenly the jug darted under the water and then sprang into the air. The boat moved forwari with a jerk land the fight was on. After playing the fish for some time the men drew near to shore, got out, and with their united efforts dragged if. up on the land. It was a white shark, nearly 8 feet long, of the tiger variety. It was Prince’s first experience in. salt water fishing, and his excitement was in tense, which added to the enjoyment of the rest of the party. The shark was tied on the bumper of Dr. Rutledge’s automobile, and he set out with it for Hampton planta tion. On the way he met Dick Mur ray andi a party of huntsmen from Bethera, who begged for the shark, so it was given to them. Mr. Mur ray explained that he wanted to show it to some of his friends who had nev er seen one. and to tell them that his dogs had chased it out of the water during the hunt. Brighten up your home WITH ATHEY’S PAINT Clean up and Brighten up your home by giving it a new coat of paint. Be sure to use ATHEY’S. We Have a Full Line of Paints, Varnishes, Builders Hardware, etc. Hot Point Electric Ranges Washing Machines Tools Electric Appliances Electric Refrigerators Farm Implements Bicycles Sperling Goods If you are planning to remodel your old home, or build a new one, see us for paints, rooting, hardware, etc. R. M. Lominack Hardware 1409 Main Street Telephone 13 Newberry, S. C. JOLLY STREET SCHOOL OPENS SEPTEMBER 5 Jolly Street School will open for the 1941-42 session September 5 at 9:30 DST. The faculty for tHfe new session is composed of R. H. Amick, principal; Miss Mosby Livingston and Mrs. John Swittenburg, Jr. Trustees of the school are; W. B. Boinest, Irving Richardson and R. J. Metts. Ad Carter MARE 43 YEARS OLD. Hugh Lyons in Our Dumb Animals, Boston. The oldest horse now living In the United States, it is believed, “Lady Maude,” is now 43 years old. She was bitten on the tongue re cently while grazing in her pasture. She lay in the pasture two days with out food or water, he tongue swollen and purple. Her 82-year-old caretaker said she was well on the mend and up and around again and going strong on the feed bag. This horse was shipped to Pinewood, S. C., in 1898. You perhaps never heard of her or read about Latfy Maude in story books or on the race track. She never drew the roar of the crowds from the flag decked arena of the horse shows. This beautiful young colt attracted' the at tention of the countryside upon her arrival in Pinewood. The local livery man decided to raffle her off at $1 a chance to the amount of $200. A young Negro drew the lucky number and claimed the horse. A wealthy citizen took a liking to the animal and purchased her from the lad. Soon she gave birth to a colt. Lady Maude turned out to be a wonderful saddle horse and the pride of her master. Miss M. Corbett, who is now the owner of Lady Maude, pur. chased her 30 years ago for $180. Aside from having reached this dis tinguished old age, Maude carried the mail over the RFD for many yeears before the use of automobiles in these parts. She is in very good condition des pite her age. She is neither blind, deaf nor lame and eats corn off the cob and all the hay and feed that is given her. She is now retired, Hav ing served her master well and seems to enjoy her life of ease on the farm with her only compaion, a shaggy dog, “Snooky," who watches over her day and night. REV. J. A. FLANAGAN DIES The Rev. John Arthur Flanagan, 44, pastor of the Presbyterian church at Whitmire since last November, died at 6:10 Monday at the Veterans’ hospi tal near Columbia. He was bom November 12, 1896 at Bowling Green, York county. After attending the schools there, he was graduated from Presbyterian college and the Columbia Theological semi nary. His first pastorate was at the Presbyterian church at Franklin, N. C., which he held for 15 years. The Rev. Mr. Flanagan is survived by his widow, the former Miss Mar garet Riddle, who is a sister of the Rev. F. Ray Riddle, pastor of the Shandon Presbyterian church, Golum. bia; one son, John Arthur Flanagan, Jr., and one daughter, Margaret Ann Flanagan, both of Whitmire; one brother, W. Flanagan of Lancaster; one sister, Mrs. Fred Wilson of Gas tonia, N. C., and. his father, W. B. Flanagan of Gastonia. Funeral services were conducted at 5 o’clock from the Bowling Green Presbyterian church by the Rev. H. D. Corbett, pastor; the Rev. R. D. Bedin- ger of Asheville, N. C., and 1 the Rev. B. S. Hodges of Union. Interment was in the churchyard. Active pallbearers were six eiders of the Whitmire Presbyterian church; O. P. Suber, W. H. Miller, Joe H. Simpson, W. W. Lewis, Dr. J. W. Gary and John Walker. Honorary pallbearers were the eld ers of the Whitmire Presbyterian church, Dr. H. B. Thomas, and the elders and deacons of the Franklin (N. C.) Presbyterian church. OLIVER JOHNSON FINED FOR TRESPASSING Oliver Johnson was fined by Mag istrate Ben Dawkins Monday morn ing for tresipassing. The fine was $17.00 or 30 days. Johnson is serv ing the time. Music has been transmitted 25 miles on a ray of light by a New York scientist. “Htv who gets his friends and fol lowers and converts to the polls will win the election,” said one of Colum bia’s many “political experts” here last week. And apparently that is the situa tion. Apparently many are not friends or followers of or converts to any of the three candidates, and they are not going to bother to go to the polls. That means a great mass of men and women will not vote. In the light-voting expected, the candidate who is most successful in moving folk to the polls—folk who will vote if pushed, or led or persuaded to the polls—may be the man. The candidates, of course, realize this and are said to be using tneir “best men” to see that people who will vote fer them get to the boxes. Last week in the Piedmont audi ences increased and friends of the candidates were hopeful that the vote there might be heavier than had been expected. ?ENSE BUY UNITED STATES SAVINGS BONDS AND STAMPS MRS. A. W. VOYELS AND YOUNG SON DIE AT NEWBERRY Mrs. Ruby Curtis Voyels and in fant son died Sunday night at the Newberry County hospital. She was the wife of Andrew M. Voyels of near Prosperity. Funeral services were held Tues day afternoon 2 o’clock (DST) from the McSwain Funeral home with the Rev. J. E. Roof, officiating. Inter ment will follow in Bachman Chapel church cemetery. Besides her husband she is sur vived by the following children: Mar garet Green, Calvin Voyels, Idoiphus Voyels, Sarah Voyels and Herman Voyels all of Prosperity. Also her father, Jerry Gresham, and four brothers, John Thomas Gresham, Lewis Preston Gresham, Walter Lee Gresham, Willie Gresham all of Macon, Ga., and one sister Miss Bea trice Gresham. MRS. JOHN MAYES HOSTESS AT WINTHROP COLLEGE Mrs. John Mayes will leave today (Thursday) for Winthrop College where she will be an associate host ess at the Margaret Nance hall. Two-thirds of all persons killed in city traffic are pedestrians, yet they can stop, look and turn much quicker than drivers. ON SALE AT YOUR P0ST0FF1CE OR RANK Sure, They’re Hard On Shoes. . . But Wc*re Good to The Soles. Make their shoes ready now for the fall school season. We will do it by putting on tough sturdy heels and soles, and repairing scuffed and torn places. You get a better shoe repair service here for shoes for the entire family. The Bost Is Always The Cheapest In The Long Run Reagin’s Shoe Shop America ON Guard! Above la a reproduction of the Treasury Department’s Defense Savings Poster, showing an exact duplication of the original “Minute Man” statue by famed sculptor Daniel Chester French. Defense Bonds and Stamps, on sale at your bank or post office, are a vital part of America’s defense preparations. For Electrical Jobs Phone 120-J for any Electrical work you want done. I will come promptly and do the job right. Will handle any size job in town or country. CHEVIS I. BOOZER Phone 120-J Newberry, S. C.