The watchman and southron. (Sumter, S.C.) 1881-1930, April 12, 1905, Image 1
?|e U?atci)m?? uub Soutfyron.
ra? SUMTXB W?TCHHAK, established April, 1850? "Be Instand Fear not-Let all the Ends thoa Aims t at be thy Country's thy God's and Truth's. THE TRCS SOUTHRON, Established Jane, is?
Cosolidated Aug. 2,1881.
SUMTER. S. C. WEDNESDAY. APRIL 12, 1905.
New Series-Vol. XXIV. No. 38
|r Ck M^t?^nan at? Sjuftrm
-BY
OSTEEL PUBLISHING COMPANY,
SUMTER, 8. C,
$1 50 per aaaam-io advance.
Lt> VISTiei MS ET :
Oae Square first insertion.......$1 00
Erery subsequent insertion ... 50
Contracts for three months, or longer will
^ b ' awde at reduced rates.
All come; G cica tiona which subserve private
interests will be charged for aa ad ver tiemen ts.
Obituarios and tributes of respects will be
iharged for.
NEWS AND C??RBER CRITICISED
Taken ?o Task for Editorial On Mc
ILanrin's Sumter Speech.
Editor News and Cornier:
It is with sincere regret that I read
your facetious and flippant editorial
of industrial conditions and that your
v., did speech of Senator McLaurin made ?
?in Sumter last Monday.
It seems to me that Charleston has
suffered enough at the hands of the
News and Courier, which has always:
antagonized the masses in every effort
to better their condition; you op?
posed ns in 1890 by criticising and
abusing every man that the farmers
-put to the front, with the result that
Charleston and the balance of the
state was put further and further out
of touch, and you might as well un?
derstand right now that this a great,
hroad movement for the betterment
of. industrial conditions, and that your
petty flings and cheap wit will be
as little appreciated as it was in 1890
Charleston is the seaport city of
the State, but the cotton made in
South Carolina is going to Savannah,
Wiiiaington and Norfolk; they are
belog built up and developed at the
expense of Charleston and you are
-??Tgfc?y responsible for this condition.
When the Cotton Convention met in
New Orleans the newspapers in that
city took it ap and boomed it in ev?
ery way they could. They are backing
up the leaders and lending the -farm
every aid they can. You are doing
exactly the opposite, to the injury of
the State and the city of Charleston.
So far as I am concerned, I wish
that every cotton planter would read
i* McLaurin's Sumter speech, which you
' \ treat so lightly-in fact inconsistently,
^rvbecanse you admit his speech is pack?
ed with truths, and then forget your
?j self and say, "its inferences fell of
their own weight," somewhat para?
doxical I.should think. How different
your editorial from McLaurin's speech
so full of good humor, common sense,
^ and through it all breathing much an
T exalted spirit of patriotism. Contrast
the utterance of this statesman with
I your little cheap, flimsy and appar?
ently malicious editorial.
j I noticed, in your paper a few days
?. ago the quarterly statement from six
af* ot the thirteen banks in 'Charleston.
I The figures are not by me now, but
my recollection is that less than half
of the banks in the city showed a de?
posit of something like $8,000,000.
' This is an unhealthy sign for your
city. It ?hows a lack of business en
g^. terprise that should employ this
'% money in developing the country. It
; shows that from the accumulations of
i past years when farmers did ship their
- cotton to Charleston that there still
remains enough under wise efforts, to
make Charleston the business and
banking centre of the State.
Why doesn't the News and Courier
adopt the broad, catholic spirit of the
New Orleans Times-Democrat and
Daily States? Why do not your bank?
ers come to the front and utilize all
this idle money in assisting the fann?
ie ers in financing this great movement?
^ It is going to be done, and it will not j
help you to "gnaw a*#le." Instead of
being littte, why can't you for once
be big?
Why not take advantage of this sit?
uation to put Charleston in closer
jjttouch with the rest of the State?
Chronic indigestion will wear out
the best constitution after a while, and
I did hope that yours was cured, and
that in these latter days had come a
clearer vision and a saner mind that
? would raiie you above petty personal
; ities, badly directed and feebly exe
?.cuted,
E. D. HODGE,
Coresident Cotton Growers Association,
? Clarendon County.
? A?te&lu, April 5. 1*35- '
Lynn, Mass., April 7.--The
.? autopsy on the body of million?
te David K. Phillips, who was
in the ocean near his home
__,y results in a finding
death was caused by drown
Tbis sets at rest the theory
the millionaire met with
LEE COUNTY WINS SUIT.
SUPREME COURT SAYS DEBT TO
SUMTER NEED NOT BE
PAID NOW.
The Claim of Sumter Declared to Be
\ Just But It is Held That It Should
Not Be Paid Until the Claim
of Kershaw County is De?
termined.
Columbia, April 5.-In ?he case of
the ..Sumter county" commissioners to
compel Lee county to pay its part of
the??ld c ourrty debt, the Supreme
court today rendered an opinion re?
versing the circuit court and dis?
missing the petition for mandamus.
T|? amount, with interest, due
Sumter, is $7,434 and is found to be
just^'but the court decides that, in
asmuch as Kershaw's account, which
has;<not been fully determined, will
likely*exceed "$4,000, and that with the
$10, Og Ot raised from the Lee county
bond?t, the accounts of both counties
cannot be paid in full and that, there
forej^ft will be unjust to pay Sumter
in f|S,
wjfei the Kershaw bill is agreed
upon^the court directs payment in
full 4?. both, if this is possible, other
wise^the fund is to be prorated.
M FLEET AT "?SoR.
ADMIRAL RODJESTVENSKY'S
FLEET LOCATED OFF NANKI
ISLAND.
Reported in Tokio That the Russians
Are Seeking to Avoid an Engage?
ment With Admiral Togo's
Fighters.
London, April 10.-The news today
of the Russian Baltic fleet is contained
in a dispatch to Lloyds from Singa?
pore. The steamer Gregory which
has just arrived there repoits * 'passed
at 1 a. m. today the Russian fleet an?
chored twenty miles northeast of
?Canki, one of the Anamba Islands."
There has been no contlrrrmt?onr of
the report that Admiral Rojestvensky
is not with the squadron.
They Don't WTant a Fight.
Special to^?he Daily Item.
Tokio, April 10.-Messages received
here say that Rojestvensky is seeking
to avoid an engagement with Togo's
fleet.
Rojestvensky's Rendezvous.
Special to The Daily Item.
Singapore, April 10.-A confirma?
tion of wthe report that Russian fleet
is headed toward the Anamba group
of islands was brought by the steamer
Radnorshire on her arrival today.
This vessel reports sighting the Baltic
fleet at 1:40 p. m. yesterday afternoon
five miles from Pulodamar, and pro?
ceeding toward Pulomenti. Poloda
mar is one of the Anamba group
farthest southwest. Tre steamer also
saw four warships, apparently Japa?
nese war vessels, on! Cape St. James
(Cochin China) on April 7.
Rear Admiral Enkirst, who was in
command of the Russian squadron,
passed here Saturday. Anamba Isl?
ands are in the China sea and lie
about 150 miles northeast of Singa?
pore. The pur pose of the Russians in
anchoring near these islands is not
clear. It is considered likely that Ad?
miral Rojestvensky selected the isl?
ands as a place of rendezvous.
Amsterdam, April 10.-A telegram
from Batavia, Island of Java, says
the Russian fleet is reported ofJ Banca
Island. It is expected this fleet will ar?
rive at Batavia. It is bilieved that this
fleet is Admiral Rojestvensky s squad?
ron of battleships.
PRRIVATEER NOTES.
Privateer, April 10.-Privateer was
visited by a light hail storm last
Wednesday afternoon, but haven't
heard of any damage being done by it.
Oats are looking well, think there
will be a good crop of them made this
year.
Cotton has the undivided attention
of the farmers just now.
Misses Tallulah and Edna Ramsey
spent Friday in Sumter.
Miss Daisy and Katy Lide are
spending some time in Orangeburg.
Mrs. S. M. Ramsey, of Statesburg,
visited her mother, Mrs. Henrietta
Lynam, last week.
Miss Emma Geddings spent Saturday
and Sunday at her home in Paxville.
Mr. E. W. Rivers spent several days
last week at Silver with his daughter,
Mrs. I. E. Mires.
Mrs. Jenkins' little daughter, Ma?
rie, is reported quite sick.
Mrs. Graham Pritchard was taken
suddenly ill this afternoon.
Newport, R. I?, April 8.-The exec?
utors of the Gordon McKay estate to?
day sold the place of Jekyl Island, Ga.,
to John D. Rockefeller.
NEWS FROM THE STATE CAPITAL.
COUNTY TREASURERS MUST NOT
SHOW PARTIALITY.
Attorney General Decides That It is
Unlawful to Collect Taxes After
March 15-Investigating the
Wreck on the Southern.
By W H. McCaw.
Columbia, April 6.-Attorney Gen?
eral Gunter has rendered Comptroller
Jones an opinion in which he declares
that it is unlawful for a county treas?
urer to collect taxes after the 15th of
March, at which.time the law says ex?
ecutions shall be issued. The ruling
effects practically every county in the
State, as. the treasurers have for ?
number of years fallen into the cus?
tom of favoring taxpayers, particular?
ly influential ones, by allowing pay?
ment after the expiration of the time
fixed by law. The penalty is only 7
per cent, all told, and many wait until
the very last day to pay. The decision
therefore affects many taxpayers.
. * .
The hearing before the railroad
commission to determine the cause
of the Sunday morning wreck on the
Southern at Badham will be held on
the 18th, when Superintendent Hecth
er of the Charleston division, the
crews of the tw trains, and the tele?
graph operators at Branchtille,
Reeves and St. George will testify.
An interesting accounting for the
collision came to your correspondent
today from a member of the fi eight
crew, who says that the freight con?
ductor seeing that Engineer Reid was
not going to stop at Reeves gave or?
ders to sign him down and back back
into the Reeves siding. In accordance
with these orders the breaks were ap?
plied at the rear* but some time was
required getting by a number of cars
of old make to the airbreaks cars to?
ward the front of the train, and before
the train could be stopped the crash
came. According to this train man
Engineer Refd acknowledged 'after
the accident that he was to blame for
the crash. The understanding among
the crew was that the train would stop
but it is supposed that Rei 1 surmis?
ing by hv: v.atch which was slow that
he had plentyof time to make the next
station decided to pull, on by Reeves.
The Saluda Power Company, capi?
talized at $300,000, was chartered hy?
the secretary of state today. The
headquarters of the concern is to. be
at Greenville. A. G. Furman is presi?
dent, A. L. Scott secretary and E. F.
Green treasurer. Mr. Lewis W. Par?
ker is a member of the directorate.
The scarcity of labor in the cotton
mills of this state is becoming a se?
rious matter. At a meeting of mill
presidents in Spartanburg yesterday a
committee was appointed to see what
can be 'p e toward importing opera?
tives fro various parts of North
Carolina.
THE END OF MAGNOLIA.
The Town Has Been Incorporated Un?
der the Name of Lynchburg.
Mognolia, April ll.-As a result of
the municipal election here on the
7th Mr. M. L. McIntosh as intendant
and Messrs. S. C. Kilpatrick, T. Gor?
don Griffin, J. A. Hickson and Geo. W.
Stokes as wardens, were duly sworn
in. They will elect a clerk or secre?
tary and treasurer tonight. Appilca
j tions are now in order for the position
of policeman. There is so far only
one applicant for that position the sal?
ary for which is $30 per month.
The vote for a change of nama to
Lynchburg was unanimous, so the
town is incorporated under the latter
name-Lynchburg.
The voting contest Saturday night
resulted in the election of Miss Viola
McIntosh, daughter of our intendant,
as the prettiest young lady in town, for
which a handsome diamond set gold
ring was awarded to her. The young
men paid dearly for that ring. Miss
Viola appreciates the compliment paid
her.
The hail storm in this place Satur?
day evening was the severest that we
have had in a number of years, and
while quantities of leaves were beat?
en from the trees the damage to gar?
dens and young fruit was insignificant.
The oat crop' in this part of the
country is certainly fine, so far.
Messrs. Lee Kilpatrick, John and
Ernest McIntosh, Clifford Hickson,
Dr. Tennant and several others from
this place are having a big fish fry on
Lynch's river today.
TKe numerous fish traps in the
river are well patronized this season.
Some times the wrong man goes to the
trap and then-:-oh, then, the rightful
owner is minus-the other fellow is
plus-we have a feeling-a feeling for^
the poor over-burdened" trap,/ and...a
feeling, a tender feeling for the con?
tents and his portfolio.. -
NO INCREASE.
President Smith Nails the Tag
Tax Story-Farmers are
Reducing.
The following was given ont for
publication at the Columbia office of
the Southen Cotton association. It
is from the state president, M.r E. D,
Smith ;
"In view of the wide spread publi?
cation and the impression made.on
the public that the use of fertilizer
has been increased rather than de?
creased* and as it is the object and
office of this association to keep the
pubic informed as to the situation in
reference to the reduction of acreage
and fertilizers and all matters per?
taining to the welfare of tue farmers
we wish to state some facts : 1. As to
the report of the increase use of fer?
tilizer, II am in receipt of the follow?
ing from H. M. S tack bo use, secretary
of the fertilizer department, Clem?
son Agricultural coHege^gwho has
charge of the tag department. This
letter ia .in resporse to the inquiry
made bj?*ni9 of him in reference to
the large sale of taffs.
fie replies as follows :
Clemson College, S. C.,
March 22, 1905.
Hon. E. D. Smith,
Magnolia, S. O
Dear Sir: I see intfe.-views with you
in the papers as to the amount of the
tag tax'along the line of your "phone
conversation in Columbia a few days
ago, but the line was busy at the time
and your voice very indistinct, was
not sure I heard you correctly, and
only press of work has hindered this
writing earlier. Am getting frequent
inquiries from boards of trade, cham?
bers of commerce, etc., of other
states as to the amount, but did not
answer as I believed.it for speculative
purposes. However, the news men
get reports from state treasurer and
incorrect reports sometimes get in the
newspapers.
Z The amount however is not less
than stated and about the same as last
year, we thins at least $110,000 of
this comes from increased sales for
cotton seed meal which for stock
food pays the tax this season for the
first time. Then the salesman and
manufacturer i of fertilizers say that
anticipating orders they supply them?
selves with tags knowing that if not
needed they can be redeemed with
new ones after Nov. 1, and they admit
aggregate sales to. date considerably
less than last year. So you correctly
say these sales are not reliable indica?
tion of the fertilizers used any given
season. In the effort to reduce cotton
crop which means so much for the
south, I shouldfbe sorry to think the
farmers would not stand pat" on it or
let narrow selfish considerations of
supposed present gain wreck their
own and best interests of entire coun?
try for years to come.
Yrs. very truly,
H. M. Stackhouse.
"As he states at least $10,000 or 40,
000 tons comes from increased sale of
cotton seed meal foi feed purposes.
Up to June, 1904 all meal fo? feed
purposes was exempt from the privi?
lege tags: Hundreds of tons were
bought for fertilizer purposes shipped
as feed stuff; thereby avoiding the
tag tax His estimate in my estima?
tion is a very conservative one. Again
farmers this year have exchanged
seed for meal in larger quantities
than ever known before in the history
of the state. One reason for this is
because the price of cotton bas drop?
ped so low and the price of guano re?
maining the same'as it was last year
that they have substituted meal for
the ammoniated stuff. Then aeain we
have made inquiries from the Pied?
mont and Pee Dee sections of the
state and from the middle sections
and the replies indicate that the ac?
tual amounts nf guano bought by the
farmers for this year's consumption
does not exceed 60 per cent, of last
year.
WEDGEFIELD NEWS.
Local and Personal Items That Inter?
est Our Neighbors.
Wedgefield, S. C., April ll.-Mr.
E. A. Jenkins, accompanied by
Mr. Harby Moses and three ladies,
came over in his automobile this
morning; two negroes on mules
brought up the rear as !f expecting a
wreck, and some one remarked that it
must be a "mulesmobile."
Mrs. J. S. George and children, of
Chicora, Berkley county, are visiting
relatives.
Miss Hallie Singleton is spending
the week at Mr. W. O. Cain's in Pri?
vateer.
Mr. Joe Wilson, of Smithville, came
down yesterday to inspect his home,
which he had built on the ground
where one was destroyed by fire last
June.
Dr. M. L. Parler left for Greenville
today to attend the meeting of the
State Medical Association.
Mn J. D. Huggins stopped over with
Mr. Peter Mellett last nigKt. on his
way up the country. * -
Mr. Virgil cPlatte, of Charleston,
spent Saturday and Sunday with his j
sister, Mrs. M. I*. Parler.
Tokio, April 7.-?An impor?
tant war conference; which last?
ed five hours, was held today at
the-fhouse of Premier - Katsura.
Jtrfras attended by Marquis Ito,
Field Marshal Y?fifagata,
Counts Matsukata and Me?
ine vye and the ministers of war,
marine and foreign affairs.
ttlflE JORDAN TALKS.
Enlightening Review of the Whole
Cotton Situation.
What the World Needs and Will Use, and
What Amount the South Can Produce
at a Profit. .
Atlanta, April 8.-President Harvie
Jordan, of the Southern* Cotton Asso?
ciation, bas prepared since his retnrn
from Texas and the other western
States, an article regarding the con?
sumption of American cotton in the
markets of the world, showing exactly
the amount necessary to supply the
demand. Mr. Jordan points cut that
the southern people are still holding
on to their cotton everywhere, and
that this holding coupled with the
vigorous campaign mad*) by the asso?
ciation has helped keep the price up.
He shows clearly that another such
crop as the one of last year would re?
sult disastrously to the South. Mr.
Jordan says :
"The American cotton crop of 1904,
as recently estimated by the United
States census bureau, amounts to
practically 13,00,000 bales. Of this
amount 200,000 are yet to be ginned
and abont 250,000 bales are what is
known as linters, or the lint ginned
from the seed at the cotton oil mills.
This amount of cotton is far in excess
of any crop previously grown in the
South. The last bumper crop was
made in 1898 and amounted to 11,270,
000 bales. The crop of 1904 therefore,
exceeds the crop of 1898 by fully 2J4
million bales.
'1 The consumption of American cot?
ton by the .ailis of the world at the
present time will amount to 11,000 000
bales per annum. If the present rate
of consnmption is maintained, we
shall still have nearly 234 mililon bales
from the crop of 1904 to carry over
into the fall of 1905 and to be added
to the crop which will be harvested
during the present year.
"The enormous crop of 13,600,000
bales recently reported from the census
department is, no doubt practically
correct as the bureau claims to have
had reports from all the ginners
operating in the south and the esti?
mate of the crop was based upon those
reports. If we have a surplus of 2 "4
million bales and the consumption of
American cotton is not more than 11*4
million bales per annum. It is quite
evident -th at a crop greater than 90. COO, -
000 bales the presentjear would sim?
ply put the producers in a position
of having surplc? and thereby depre?
ciating the price of cotton next fall to
a figure considerably below the cost of
production. Even the production of
a normal crop> in .1905, added to the sur?
plus, would give cs another abnormi
nally large crop.
? "We have been able to retard the
downward tendency in the price cf
cotton for the past two months be
! cause of the persistent holdings of
spot cotton and the promise on the
part of the prodncsrs that the acreage
would be largely decreased in 1905.
If, however, ou the 3d day of June,
when tbe bureau report is issued by
the United States government, the
acreage in cotton for 1905 is shown
to closely approximate that of 1904,
it will be utterly impossible to mala?
ta iu present prices for cotton, and tpe
tendency will be downward the bal?
ance of the year. In the face cf tie
census bureau report and the undis?
puted fact that a heavy surplus is to
be carried over into the crop of 1905,
it would appear foolhardy indeed for
the growers of cotton to madly rush
forward and recklessly engage in the
planting of another large acreage of
cotton during the present spring.
"There is br.t one way out of the
dilemma in which we are now placed.
The task is not a difficult one if every
man will do his full duty in the
premises. That duty is tri reduce the
cotton acreage on every farm planted
in 1904 by at least 25 per cents for
1905, and at the same time make a
corresponding reduction in the use of
commercial fertilizers under cotton as
compared with the quantity used in
1904. There is absolutely no other
way of solving the present problem
which confronts the cotton growers of
the south and to meet the emergency
as it at present exists.
BUREAU REPORT ON ACKEAGE.
"Under the present systematic
method of gathering statistics by the
United States government it will be
utterly impossible for the cotton
growers to deceive the public as to
the amount of cotton acreage put into
cultivation during the next 60 days.
The United States department of agri?
culture, through its thousands of cor?
respondents in the cotton belt, will
have prepared a carefully tabulated
statement, which will be issued on
June 3d, stating the namers of acres
of cotton that will be planted in the
south this year. If this report shows
a general decrease in acreage of 25
per cent., then the problem of south?
ern prosperity during the year 1905
will be solved. If, however, the re?
port indicates but a small decrease,
OT shows practically the same acreage
as that of 1904, no power under heaven
can stop the immediate downward
tendency in the price of cotton, and
financial ruin and disaster will pre?
sent itself to every line of business
and all the professions in the south
within the next eight months. The
attention of the entire cotton world is
terned at this time upon the action of
the cotton growers and they have now
the practical control of the entire sit?
uation. -
The'demand for cotton goonda is un?
precedented, and with a full supply of
cotton on hand, every mill will be
operated to ita fall capacity during
the next twelve months. Therefore,
if the acreage is reduced 25 per cent
and the spot holders of cotton con?
tinue in their present determination
to refuse to sell their cotton ai exist?
ing prices, there can be no question
that as soon aa the acreage has been
definitely ascertained showing the
reduction which is ??ked the price of
cotton will imm?diat ly advance to a
figure which will give to every farmer
A MATTER OF HEALTH
^^^^^ ^^^^^^^^^^^^^^ ^^^^
POWDER
Absohrtely Pore
Jt?$ MO SUBSTITUTE
whe bas held bis cotton a fair profit
upon its production. There is nc?
business -sense in producing cotton at
a loss. It;.would be better for the in?
dividual to plant no cotton at all than
to spend .' the energies of the year im
producing; a staple which when placed
uopn the. market will notbring enough
money to* pay for the cost of its pro?
duction, it is a well established fact
that no material can be woven into
cloth in? .competition with America!*
cotton upNto 14 cents per ponnd. The
southern .'cotton growers, therefore,:
have a practical monopoly of the*
clothing business of the world when
the price* of their staple is not ad?
vanced t?^a figure beyond ten or
twelve cents per pound. The only s&
tive competitor of American cotton*
at this time is American cotton-in
other words, our own staple is compet?
ing against itself in the markets of
the country, due to the fact that we*
have raised more of it than the world
can consume, and the surplus is be?
ing used as a hammer to depess the
price of that part of the>crop which
is actually needed for-immediate con?
sumption.
Another important factor is that
we * have pactically no system' of
marketing the cotton crop, selling it
with an utter disregard of the demand
and putting an enormous over supply
on the market during a short period
of time and allowing the price to be
controlled almost entirely by specula?
tion. . '
We can successfully maet the first '
difficulty by curtailing toe production?
in 1905 to meet the legitimate demand*
for consumption in 1906 by decreasing*
the acreage and not making the crop
more than 9,OOO,COO bales the present '
year. Ve can successfully meet the
second difficulty by encouraging the
immediate construction of a first class
system of modem up-to-date standard
warehouses throughout all important
points in tba cotton belt, where our
cotton can be stored and handled at
a minimum cost and sold slowly to
meet the legitimate demands of the?
mills. The cotton mills would|great
ly prefer a stable price for cotton and
are quite willing to pay a minimums
price of 10 cents per ponnd for all the
cotton they need for consumption.
Every cotton grower must begin to>
realize that the low price cf his cot?
ton is largely fixed by the manner ia
which be - sells it and that if we ex?
pect to mantain prices at protfiable
figures, -we must get rid of the olc>
primitive methods of selling the crop*
as fast as it is gathered and begin tc
sell the staple as the wetsern wheat
raisers sell their wheat, that is by
placing the product upon-the market
as it is demanded for consumption
and not'sell it subject to the fluctuat?
ing values brought about by specula?
tion.
LOVE AT FIRST SIGHT.
Hotel Cierk Secretly Weds- Mil?
lionaire's Daughter.
Chicago, April 7.-A dispatch to?
The Inter-Ocear? from Hot Springs,
Ark., says: Miss Pearl M. White?
daughter of former Congressman W_
J. White, the millionaire manufac^
turer of Cleveland bas been secretly
marrried at St. Lukes Episcopal:
church to James T. Bancroft, wbc*
three weeks ago, was a clerk behind;
the desk of one of the prominent
hotels of Palm Beach, Fla.,
The wedding was the culmination off
a romance which started with love at
first sight. Bancroft gave np his posi?
tion on the second day after meeting
Miss White. His nome is in Brook
line. Mass., and ho is 55 years of age,.
His parents are poor. The couple
have left for the bride's home.
THE FIRST DOLLA? S1YED IS
.THE BEST.
The Sumter Banking and Mercan?
tile Company, of Sumter, S. C., will
open a saving department and receive
deposits of one dollar and over on
which 5 per cent, per annum will be
allowed, payable quarterly.
The way to have a bank account
is to start, and you will find it easy :
enough to keep it growing. Save your
pennies and nickles and you will soon
have dollars.
Call and get particulars as to in?
erest, deposita, etc.
Deposits, subject te check solicited?
SUMTER BANKING AND MERCAN*
TILE COMPANY,
Sumter, S. C.
Mar 21-tf JL . ?