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