The watchman and southron. (Sumter, S.C.) 1881-1930, September 23, 1914, Image 3
SCHWARTZ
Since
1887
THE OPENING GUN
It is an Open Secret That We Have Been Mobilizing all Summer in Preparation for This Fall ^
SCHWARTZ
Sumter's
Best Store
To-Day We are Ready and Eager, and our Lines are Concentrated on the Frontiers of Popular Demand!
SCHWARTZ'S Suits. Dresses. Hats, that in twenty-seven years of campaigning, have never sounded a retreat from the ideals of LEADERSHIP and
ADVANCE, and never will. Every section of this store can boast of New Styles?and of hcving them first and Correctly.
New Goods and Plenty of lhem-By Far the Largest Assortment. The Schwartz Kind--the Dependable Kind jjggjj the lowest Cost
The Store In New Autumn Dress Awaits You. It's the Fortunate Early Buying of the Schwartz
Stores. That's Going to Supply the Public at Great Savings From the These Stocks.
I Example Number One~|
One hundred Ladies' Skirts of all wool materials in the very latest models. 9$
Not one in lot worth less than $5?many higher. Wednesday morning, beginning at 8.30. your choice ? mt%
NONE SENT ON APPROVAL OR CHARGED. COME EARLY PLEASE
Sch.wa.rtz Greater Stores
S\imter,
S. C.
COLUMBIANS DIME CANDIDATES
TESTIMONIAL IIANQL'KT TO POL
LOCK AND JKNMNXiS.
One hundred und twenty-six Co?
lumbians lust evening hud us guests
of honor at an etuhorute banquet
given at the Jefferson hotel. L. D.
Jennings of Sumter and W. P. Pol?
lock of Cheruw, both candidates for
Cnited States senator In the recent
Democratic primaries, other speak?
ers than tho guests of honor
were called upon for lmprompu re?
marks
. Mr Jennings said that tho many
expression* of "well done" received
by hit* from the people of South
Carolina were more to be proud of
than If he had been elected to the
senate. Mnce the victory of Septem?
ber 8, he said, u different atmosphere
has existed In South Carollnu. He
commended the attitude of the news?
papers. In that they did not encour
**e the cltlxcns to "rub It In; but let
the cltUens know that the governor
nominate was going to be governor of
all i ?' people und not only of his
frlenda Mr. Jennings was greeted
with tumultous uppluuse and wus up
pluuded at Interval* throughout his
speech for his expressions of patriot?
ism
W IllHin Spencer Currell, recently
elected president of the University of
South Carolina, wus next Introduced
snd wan greeted with much applause,
this being his tlrnt appearance before
% clumhlu audience si nee his re?
turn to the State. Dr. Currell said
that he wus u prodigal son returning
home after almoMt three decades. It
was abvious. he suhl, that he could
not discuss the political rondltionH
which South Carolina had recently
undergone. Dr. Currell said that
whoever advocated compulsory edu?
cation did a -food thing, us universal
education wan wholesome in politics,
and he favored as much education an
poHUde for as many people us pos?
sible
J. H. Moore, editor of the Colum?
bia Koconl. was liuroduced. but said
h* preferred not to make a speech,
tnuamueh as n<> SjSalct bad been Kiven
him. He prefaced his remarks with
the statement. "I have writ all l
know." Jennings and Pollock, he
said, had aocsted In rcdccmlm/ the
State JiiMt as surely as Hampton and
Hutler did In ItTl
Mr Pollock thanked Ihe Columbians
for the Imitation to be with them for
the hunuurl. He Maid that thr re
?u11h ?f the election of Iii 4 < ontlrm
his confidence in the people when
khev are on< c informed. Mr. Pollock
*hH hi* SSjSJipalOT was one of educa?
tion an<l wHk tbe results is indicated
UM prim ?rles of August *J? and
S. pti inU i I, b. knew that be ff||
the happiest defe ated I andidate the
smb. nr.? evei saw Hf tiprrsaril bis
? confidence in tin nf i he nation,
under the leadership of nwh men a*
w.ii'nw Wilson iad William Jen?
nlmrs Brraa, r+ettlna: u>. foe! ihul
rerenth the sei 11 | 11 \ ,,; <\ , i,. ha
signed treaties n i. \\i?b lot
elKu sasmtliss Mr. Polka*It receive*
min b sppeaaes
After the ban'inet Messrs Jeaaltl I
and I'olloi k were uirctcd peraon.'ltl
Hlld I'i'i ed tbe f ? 11< i ta I i< I n N of l>
Bffaesw Tbe Mate.
BANKERS RAISE 100 MILLION.
TO MEET AMERICAN OBLIGA?
TIONS IN EL'IIOPE.
Reserve Hoard O. K's lMan to Show
the' World I *ii I ted States Ls Willing
to Pay Ohllgutlous in Gold.
WaahlnKton, Sept. 18 ?After an all
day conference between the federal,
reserve board and a committee ofj
bankers it wa.i virtually agreed to
niKht t^>at the hoard will approve the
bankers' proposal for the raising of a
$100,000,000 gold fund to be used in
meeting American obligations to Eu?
rope. This fund will be in addition to
?the $80,000,000 to be raised by the
bankers' New York syndicate to meet
New York city's European obliga?
tions.
j Final action was not taken by the
board tonlglr. and may be delayed
i until Monday because of the absence
of several board members over the
week-end.
Probably $25,000,000 of the total
amount will be asked for at once, and
members of the l>oard were conlldsnt
i"idght that such a sum will prove
sulllclent to meet all demands. Na?
tional bunks throughout the country
will be asked to subscribe to the fund,
us In the original plan of the bankers.
The gold will be deposited in the ottn
wu branc i of the Hank ?f Engladn.
Members of the board and bankers
were agreed that while possibly only
a small part of the fund will be actual?
ly needed or transferred to foreign
i
i creditors the morale of the business
world will bo marked. They were in
accord that the world should be given
notice that the I'nlted States is able
and willing to pay its obligations in
gold.
I About the only point of difference
to-day between the bankers and the
board was as to how the banks shall
be asked to make their contributions.
The board pointed out that it had no
authority to apportion the amounts
to be contributed and merely could
approve the bankers' plan. It was
suggested that the bankers themselves
make the apportionment, but the
matter was left undecided,
i
i:iu BALES cotton BURNED.
riamcs Do Grave Damage on Shed
of C. and W< Hallway?Other
freight Goes.
Tlmmonsville, Sept. IS.?The cotton
seed warehouse of tho Carolina &
Western railway was burned this
morning about :i o'clock. Fire began
in the centre of the platform and ISO
hales burned. Some other freight on
the platform was burned. A llreproof
wall between the depot and shed and
good work of the lire department i?ie
vented furl her du magi s,
Boo^t Slimier Man Tor Speal er.
.lames A. Host, of Columbia, ami
Dr. George w. Dick, of Humter, arc
candidates for speaker >>( the nexl
house of representatives, Molh arc
M.I men. ami the people ma\ he as
snred of a competent man in the
shaker's chair, with either of them
sleeted, However, we think in
IM?K entitled In the position and we
art surprised thai Mr, lloyt, n new
iiiemlier, should run ugains! him.?
I'ambvry Ucru id.
PASSENGERS AND CREW DROWN?
ED AS BOATS ARE LAUNCH?
ED ON TURBULENT WA?
TERS.
Schooner Francis H. Lcggltt Is Torn to
Pieces off Coast of Oregon?Two
Men Renewed from Wreck Tell of
Disaster.
Astoria, Ore., Sept. 11).?Between
seventy i ml eighty men, women, and
children, coastwise passengers and
crew, were drowned late yesterday
when the three-masted steam schoon?
er Francis H, Leggctt was pounded
to pieces in a gale sixty miles from
the mouth of the Columbia river.
Two men, rescued by passing
steamers and carried to Astoria and
Portland, told how the sea tore the
vessel to pieces, and how the pas?
sengers were drowned, a boat load at
a time, as the life boats put off, or
met their fate a little later when the
vessel overturned.
y Alexander Farrell, a survivor, said
that at the height of the storm, Cap:.
J. Jensen, of San Francisco, a pas?
senger, who lost his own ship six
months ago, and for four succeed?
ing Weekl was marooned on an unln
habited island, went to the uid of Capt
MorOi of the Leggctt, took command
of the passengers and controlled them
until he sank with the schooner.
The schooner's wireless raised only
the Japanese cruiser Idzumo and sank
hours before any craft reached her
position. The steamer Beaver, which
caught the idzumo's report of the Leg
getts' distress, said the IdlUUlO ga\e
no position for the distressed vessel.
Plunging on her course for the Co?
lumbia River, the Beaver came upon
the oil tanker Buck standing by a
swirl of wreckage and timber that in?
dicated where the Leggett had sunk.
The Buck transferred Farrell to the
Beaver for treatment. She remained
for some time searching for bodies
afloat, or possible survivors who
might have clung to bits of wreck?
age.
The other rescued passenger, George
H. Pullman, Of Winnipeg. Canada, Is
on board the Buck, which lu lying off
the Columbia bar awaiting calmer
weather lad ore crossing.
SUMTER COTTON MARKET.
Corrected daily by Ernest Field,
Cotton Buyer,
Good Middling
Strict Middling H 7-s.
Middling s ::-i.
stii. t Low Middling s I-1-',
staple Cotton, Nominal,
ACT ON WAREHOUSE BILL.
Congress in Take up Measure Nest
Week, so Lever Advises Watson,
Columbia, Sept. IS.?A. Prank IJev?
er*, eongressman from the Seventh
district, wired Commissioner Watson
yesterday that the house had llxed
Monday on which to lake up the
warehouse bill, He stated that he
was hopeful of its immediate pjlH
sage, There has been n great deal of
pressure brought lo bear by prom
Inenl men <>f |hf* South lo have tin-'
measure enacted and it is thought
now thnt their hopes will be realised
in a few da>s.
TOO TIRED TO FIGHT.
DESCRIPTION FROM "BEHIND
THE DIUTIS11 LINES."
I Correspondent Thinks this May lie
I a Herald of Victory?Fighting in
Trenches.
London, Sept. 20.?A correspondent
of The Times sends the following
' dispatch from "behind the liritish
lines." dated September ID:
I
j "The great battle draws to a close.
Exhaustion rather than shot and shell,
has wrought a terrible peace along
the river bunks?a peace which my
experiences of the last few days lead
' me to believe may be the herald of
j victory. That, at least, is how 1 read
the situation.
"I have seen our troops and the
French go into battle these lust days,
I not as worn and weary men, but as
conquerors. I have seen them return
wounded from this valley of death
with the conquering spirit fanned to
fierce fury. Here is a typical descrip?
tion from the trenches of the great
struggle:
" 'We are slowly beating them back.
We have to do it foot by foot for they
have huge guns and their shell lire is
terrible. But we keep pegging away.
How? Well, we dig ourselves in?we
British lads have learned that lesson
j?and then we go on lighting and
; lighting until the moment cornea when
we can make a small advance. We
crawl up again and dig ourselves in,
and so on.
" 'At the end, it. of course, comes to
cold steel. We are all right there.'
"The scene on the river at night
was magnificent and appalling be?
yond words. The whole valley was
swept with a blase of searchlights
from darkness until dawn. As they
j moved up and down, searching the
skies and trenches and revealing
masked batteries, on the heights and
dark forms lying along tbe ridges.
' Here und there a Hash revealed
the bursting of a shell. Over all
lolled the perpetual thunder of tbe
guns?a liercc and thrilling accompa?
niment.
"An incessant rain, too, Hooded the
great river, making tbe wank of the
engineers a veritable task of Her?
cules.
"This was a battle to tbe last ounce
? ?f strength, in which man and horse
poured out their whole liven in a lew
frensled momenta, Day ami night the
combat raged without Intermission.
ebbing and (lowing like the tide, seeth?
ing like a cauldron and iido the hell
strong men went down. It was a
brave sight to see them go, gaily and
light heartedly. to return perhaps in
;i lew hours broken lor life, or, it may
he. never to return at nil, for tbe loss
whs terrible."
Hoger* Helcnacd on Hond.
Prom The Hally Item. Sept. 1!?.
.1 I'. Hogers, w bo .shot Rcreven
Dees near Privateer yesterday, came
in Ncstcrday afternoon and gave
himself up to Sheriff Mradford. There]
acre several persons who offered lo
go on bis bond. Mr. S. A. Marvin be?
ing neeepted ;is bondsman for the
$!!lh? .it which the bond was llxed.
I ?res Was reported at tbe hospital us
not having been seriously Injured and
as getting along nicely.
REPORT OF THE CONDITION OF
The First National Hunk of Sumter,
at Sumter, in the State of South
Carolina, at the Close of Business,
September ISO?, 1014.
RESOURCES.
Loans and discounts ....$485,822.53
Overdrafts, secured and
unsecured. .. 5,010.59
U. S. Bonds to secure cir?
culation. 50,000.00
U. S. Bonds to secure U. S.
deposits. 7,100.00
Other bonds to secure U.
S. deposits. 3,895.00
Other bonds to secure Pos?
tal savings. 4,000.00
Premium on U. S. bonds . . 200.00
Honda, securities, etc. (oth?
er than stocks) . 5,940.00
All other stocks. 5,000.00
Banking house, furniture
ami fixtures. 50,000.00
Other real estate owned. . . . 250.00
Due from National banks
(not reserve agents) . . 5,934.56
Duo from approved He
serve agents in central
reserve cities. 12,875.20
In other reserve cities. . . . 937.64
Checke and other cash
items. 2,075.24
Notes of other National
banks. 1.600.00
Fractional paper currency,
nickels and cents.. .. 822.22
Lawful money reserve
in bank, viz:
Specie. IS,004.20
Redemption fund with u.
S. Treasurer (5 per cent
of circulation). 2,500.00
Total.$661,967.18
LIABILITIES:
Capital stock paid In.. ..$100,000.00
Surplus fund.100,000.00
Undivided profits, less ex
! penses and taxds paid . . 21,190.56
, National bank notes out
I standing. 50,000.00
(Due to other national banks 1,492.37
Dividends unpaid. 80.00
Individual deposits sub?
ject to check. 226,232.23
I Cashier's checks outsanding 230.03
United states deposits.. .. 10.485.78
Postal savings deposits .. 047.71
Notes and bills rediscount
ed. 21.599.50
Bills* payable. Including
obligations representing
money borrowed.130.000.00
Total.$661,967.18
STATE OF SOUTH CAROLINA,
County of Sumter.
I, J. L. McCallum, Cashier of the
above named bank, do solemnly swear
that the above statement is true to
the best of my knowledge and belief.
J. L. McCALLUM,
Cashier.
Subscribed and sworn to before me
tins 1Mb day of September, 1911.
Gco. L. Bicker,
Notary Public.
Correct?Attest:
NE ILL t ?'D< ?NN ELL,
H. I). BARNRTT,
W. H. UP8HUR,
Directors.
l ighting Near Antwerp.
Antwerp, Sept. 21. Skirmishing
between the Belgians and Hermans
continues southeast of Antwerp to?
day.
FEAR FOR KATAHDIX.
Owners K\press Concern Over Missing
Vessel, Out of Georgetown for New
York.
New York, Sept. 18.?Concern over
tbe whereabouts of the steamer
Katahdin, which left Georgetown. S.
C, September 12, for New York and
is now overdue, was expressed by her
I owners, the Atlantic Coast Lumber
corporation, tonight. No w^rd has
been received from Norfolk, Cape
Henry or any other point along the
(oast regarding the vessel.
STATEMENT OF THE CONDITION
! Of the Bank of Sunder, Located at
Suniter, S. C, at The Close of Bas?
il ess September 12, 1914.
RESOURCE8:
Loans and discounts.. ..$707,254.11
overdrafts...,. . 6,605.77
I Ponds and Stocks owned
by the bank. 21.169.98
Furniture and fixtures .... 15,549.42
Banking house. 65,578.39
Other real estate owned.. None
?
Due from banks and bank?
ers. 47.710.57
Currency. 10.730.00
Gold. 690.00
Silver and other minor coin 584.16
Checks and cash items, .. 15,067.37
Exchanges for the clearing
house.None
Other resources, viz: Cur?
rency and silver in transit. 6,000.00
Total. .$885,939.79
LIABILITIES:
Capital stock paid in.. ..$200,000.00
Surplus fund. 60,000.00
Undivided profits, less cur?
rent expenses and taxer.
paid. 12.503.94
Due tc banks and bank?
ers. 17.35
Dividend? unpaid. 8.00
Individual deposits sub?
ject to check. 160.385.22
Savings deposits. . . 81.735.26
Demand certificates of de?
posit. None
Time certificates of deposit ..4.107.41
Certified checks. 117.81
Cashiers' checks... 64.80
Notes and bills rediscount
ed. 15,000.00
r.llls payable, including
certificates for money
borrowed. 360.000.00
Reserve Fund Carried on
General Individual or
savings ledger. 2,000.00
other Liabilities, viz.None
Total.$sn:>.939.79
STATE OF SOUTH CAROLINA,
County of Sumter.
Before mo came Hernard Manning.
Cashier of tho above named bank,
who, being duly sworn, says that the
above and foregoing statement Is a
true condition of said bank, as shown
by the books of said bank.
BERNARD MANNING,
Cashier.
Sworn and subscribed before me
this 1Mb day of September, 1914.
R. E* Edmunds,
Notary Public
Correct Attest:
DAVIS D. MOISK.
R. S. HOOD, I 4
A. D. HARRT,
- Directors.