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Th* Watcluaan ai>d Southrort Published Wednesday and 6ator .\ day by Osteen Publishing Com pan j, Soxuter, S? .&.. Terms: ? ? - i.' $2.00 per annum?in advance... . Advertisements: ?n^?Square, -fim .fetation ..j.1.00 Every subsequent insertion **fi2 :\$9 Contracts for three months or icnge r will be xna.de at reduced V-is\':{ ~~]:':^'\ 3:'' : ? All communications' wnlch sub ter^ -privat? Interests will ae (Charged for as advertisemea ts. ; ?bjtuariea and tributes of . n #peet will be .charged for. The Sumter Watchman was iounded in- l4o9 and the Triw Southron In T8SJ5.* The. Watchman ?ipd Southron now has the com bined circulation and influence of hoth of the oM paper*, and is man ift&tly the best advertising medium laSSrui&er. - ' ? N * ? "I iSDrSTRTvfX EGYPT American business men, manu* ^.cturers and capitalists who are looking for new fields " of produc- ! * - < . ? . i tiozi might do .worse than to .con-; ?der Egypt. . ? I The Egyptian government ?;. is anxious to attract capital- and ad- j ministr?tive-ability to- develop her j . industries and is said to. be in aj Position to malte very liberal eon cessions;, to American or English ;tedustrialists. , *. Except for her cigafet factories," JjJgypt-.-bas- not a manufactory :ot Itny importance. Yet there are taw- materials of abundance and Tfuxiety, within her territory or easily and cheaply accessible. There- j is said to be a plentiful supply of j intelligent and low-priced - labor, j Property rents are . low because | iaxes are practically nil. .Markets} for aU sorts of manufactured goods j are hear by. f - The thing tha? is needed most toj tixtihor the" development of .indus- j tries in the land, of the Sphinx and 1 the Pyramids , is organizing -andj eieputive ability. .Jjt As.,- realized [ ; that these traits must .be seagbf' among the western .nations rather th$n. among the Egyptians,: henee the gestures toward "England and America. %. |t. is strange to think - of ?;he j dreaming Nile valley humming <?ri$k modern industry: and its anci ei^vlandmarks confronted with XactorieSr running foil blast. . For the^ saj^e of tradition it is almost f regrettable. . ?therwise the situation-is prom ising. It is an indication from an tinsuspected quarter of how far s"%rt mas has fallen of developing ^$?i-p?ssihilities of . the long-known afed .inhabited world as' well ?. ?? those of the little-explored regions IOKG LOTS IX KANSAS Statistics show that the life ex- j pectancy in New England, .'New I Yprk, New . Jersey, Indiana, ?liehi- \ f?n and the District -of Columbia hits- mcreased in 10 years- from 4fK2$ years..to 55. &8- years for men, icd from 53.62 years to 3$.3? years ig&iwomea. That rate of increase ' should bring the average life ex-j pectincy^p to a ful! 70 years by |J 3H6.- , . . .,? \: In the meantime, however, oner State appears to be considerably:' ahead of the game. Kansas hasi' brought .its life expectancy up. to t' 59.3$ years for men and .?0.89 ?ears for women. This is nearly r1 rears more than the average p . '- i] for men in the other regions men- V tiohed. and four years more for ! - . U women. . ; is Kansas a more healthful place j to. live in than the eastern states!] mentioned? Or do its inhabitantst u&S more judgment in their living?! ?r:d? these figures-offer the pro-j hihitionist an argument hitherto j' not emphasized:? .- . FUEL ECONOMY . A large section of the national exposition of chemical industries trow open in New York" is degroted to fuel economy, de vices. There is always much in the chemical show j vfcich is of interest only .to -sue c$8ist3, but among the matters of]: general public interest this one of j fuel efficiency leads. . ?It is difficult to imagine any gpod resulting from the coal strike or the muddle in which that in dustry stands most of the time, ex cept a complete re-organization of co?! mining and distributing methods. Yet there is one other possible benefit. That is the turn-| ing of expert attention to conser vation of such fuels as are already j lenown, through more efficient use ! dt them, and the discovery of new j poel sources. Exhibits at the exposition are safe! to demonstrate efficient burn ing of ccal. coke, gas and oil. the [ cheaper generation of steam, new types of power house equipment and many improvements on sys tems now in use. Campaigns against the smoke nuisance in cities have helped along the movement j for modern and economical con j sumption methods in industrial plants. "... j The domestic heating plant still ! needs a great deal of improving, jan<$. if -the .chemical exposition : demonstrations- are -made known J and taken to heart by householders land.house huilders, some, of these j desirable changes should come about soon. - - - ?' ? i i ?- ? imr mim i :? arms reductions The nations really are reducing their armament. According to ^reports filed at Genoa, Japan has I reduced her naval tonnage 59 per (cent from its war figure., Great Britain 55 per cent, Italy 49 per cent and France 36 per cent. Thus: the cuts agreed- Upon at .the Wash-: ington conference. ar.e being made, in sdme cases with good measure, j . Ireland armament, too, there is revision, downward. France re ports 200,000 fewer men under arms, with her military -service cut in , half. Italy* has reduced her periofi. of service and made a conr .siderable reduction . in numbers. Poland's army, lately- regarded as a menace-to European peace, 'is down from 1,000.000 to 260.000. The British army: is greatly shrunken. Japan announces a de crease ,. without particulars. 'Here is real progress in disarm ament, with diminished! tax bur dens and less menace to peace.. But there is no stopping. . Neither by land nor sea does the movement go so far as the peace-promoters and the. public wpuld like. And it is observable that reductions in arm ament-by. land and sea are accom plished, especially among the big| powers, by conspicuous expansion of ae-nal armament ..-Most of the .-rwar , experts . are agreed that- wars hereafter will be settled in the air; And plans for regulating jair fleets by internation al action are still "up in the air". Something wili have to be done dhout . that, and more will have to be done about land forces, before j there can be any insurance against another general conflict .;? ; ?? - GREECE'S jLAST CHANCE "Greece^ change thy lords! Thy state is still the-same.". So. BTOte Iior?, Byron, . over a hundred years ago. The advice is as fitting now as it ... was then, though witfe a slightly different ap plication. . . ? The great enemy is the Turk, as of Old.. But the enemy that has made a]i this present trouble for Greece is one that she took to her bosom ?s a. friend?King Constan tine,: tfcho hetrayed; hi? enuntry.dur ing the World War, was driven out fey tha Allies and- was recalled by the Greeks after the armistice. It is well known that there is no accounting for- tastes... No one, j therefore,: need try to account for [ the feet that Greece, the birthplace of democracy and freedom, should have tutned her back on .the Al lies* upholders: of world democracy-. v,-el corned back a Prussian njler after they had once been rid pf him.. Constantine, though pos sibly.; sincere, in his belief that what be sought was . the best interest of Greece, has muddled things worse than ever. - The betrayed Allies never.could tolerate him or co-] pperate with hihi; By the rash war! he has made upon the Turks. h< has brought his country near to destruction, . Venfeelos, the all-Greek patriot; one of the foremost statesmen of} Europe, whose efforts had -raised Greece to the highest position she has gained in more than 2.000 years, and who suffered exile as his Fewerd, is Willing to let bygones be bygones. Witb him at the helm, it might be possible for Greece yet to s?ve herself,-and possible for Europe to avoid being embroiled in a new and inexcusable war. If Greece, the "mother of civili sation," wants to serve civilization now. not to mention saving her own skin, Greece will turn repub lican and exchange Constantine for Venizelos. - CHARGED, WITH FORGERY Greenville. S. C. Sent. 20?Plans 1 are being made by federal officers j to bring to trial at the term of j the Federal Court opening here Oc tober 3, the case of Capt. Sam Buckley, formerly of the United States Veterans' Hospital at Camp Sevier, who is charged with for gery Of government compensation checks. The officer is charged fn three indictment* with alleged forgeries in seventeen cases, of compensa tion checks belonging to three pa tients at the hospital, the total amount being approximately S1.3G0. In smoky Pittsburg, a man works in his bathing soot. ? A girl who was too skinny says j the shimmy is gOne for good. Oyster soup is back, says our dry Cleaner, IS KOT.... INSEN?TE Veto, Upheld by Nar row Margin, But the Lower Body. Over rides President by Vote of 258 to 54 - ?Washington.- Sent. =-20.?The sol | dier bonus bill failed of enactment late today, the senate sustaining I President Harding's veto. Pre viously the house had overridden the veto by a large margin. ? The senate roll call showed 44 votes" to 28 or two less than tw? thirds majority necessary to enact j the measure without the presi dent's approval. The veto in the I house was 25S to 54 or oQ more than the required number. ? Although it was reported that a hew bonus hill might be introduc ed tomorrow it was certain the bonus fight- would not be renewed at least until the next session of congress which will begin Decem ber 4. Senator Smith, of South Caro lina, voted to override the presi dent while Senator Dial voted to sustain the veto. In the house vote, the South Carolina" delegation was recorded as follows: To override veto: Byrnes, Mc Sw?in, paired in favor'of overrid ing veto; Logan, Stevenson, Stoll. Fulmer, paired to sustain veto; Dommick". - The-house vote on the first passage of the bonus March 23, was; 333 to 70, or 4.75 to 1/ as com pared with 4.77 to 1 today. The senate vote today compared withj 47 to 22 by which the measure was first passed August 31.' Most >of the house* vote to sus tain the veto was from eastern and southern states -with western delegations almost solidly for the bill. There were two changes in the Senate, Senator Cameron, Repub lican, Arizona, who voted- for the bonus originally, voting to sustain the veto while Senator McKinley,' Republican, Illinois, who it was an nounced, was favorable to the bill on the first vote was paired against it.-' . . '' ' " There was only "brief considera tion of the measure today, and after-cries of "vote, vote" from the Republican side the roll call! was - ordered. Announcement of the result of the voting in the house and senate was received in silence by well filled galleries.' i Official Keturns of, ;, Primary Election Columbia^ Sept. 18;?According to the official figures received from all the counties of the state by H. "N". Edmunds, secretary of the state I democratic executive committee, Thomas G. McLeod, of Bishopville; was nominated for governor of South Carolina in last Tuesday's primary election by a majority of 14,-208 over Cole L. Biease of Co lumbia, and James H. Hope Florence, received a -majority of 28,118 over John E. Swearingen, of j Columbia, for state superintendent! of education. . . j These figures will be reported to I the state democratic executive committee, meeting' here tomor row to declare the results of the primary, for the committee's veri fication. In the sixth congressional dis-1 trict- A. H. Gasque, of Florence, re-' ceived a majority of 1,289 votes j over Representative P. H. Stoll, of \ Kingstree, for 'congress. The totals reported to Secretary j Edmunds were: For Go\*ernor: 5 Biease, 85,804; J McLeed, 100.114. For state superintendent of ed- j ucation: Hope, 104,978; Swearin- j gen'. 7?,865. For congress: Gasque, 14,602: Stoll; 13.313.- ? The following is the tabulation by counties: Official Vote. Biease McLeod j Abbeville.1,320 1.472 I Aiken__j. 2,689 1,892 I Allendale.. ._ 433 970 j Anderson.. ._ 4,802 4,602 | Bamberg. 574 1.18S Barnwell._ _i 903 1.423 Beaufort .. . 343 536 Berkeley... J. .. 1,044 771 j Calhoun L -- 491 749 Charleston- .. 5-,222 5,001 Cherokee., L_ 2.754 2.182 i Chester...' J. ... 1.001 1.874 ' Chesterfield; . .. 1,793 2,3?7i Clarendon_. .. 1,275 1.131 j Colle'ton .... .. 1,372 1,814 Darlington .. _.. 1.901 2,678 j Dillon.... 1.103 1,457! Dorchester. 1,152 1,110 Edgefield*. 501 1,311 : Fairfield.. 691 1.248; Florence . 3.361 3.071 j Georgetown S24 961 Greenville.. ._ 5.765 7.S18 Greenwood. ._ .. 2,142 2.L'26 Hampton.. 591 1.110 Horry... 2.107 2,330 Jasper. 273 339 | Kershaw... 1.784 2,070: Lanoaster. 1.434 2.182 ' Laurens. 2.318 2,883 Lee. 1.3-2 2.385 Marion.. 959 1.59* Marlboro. 1.466 1,690 McCormick ... 412 602; Newberry. 2.533 2.373 Oco.nee.!. 1.381 1,416 Orangeburg? - . 1.971 3.785 Pickens. 2,660 1,797 | Richland_.. 5.392 5,532 Saluda. 1.322 1.233 Sparenburg _. . 5.60S 7.083 Sumter. 7.61 2.150 Williamslxirfj . 1.011 1.449 York . 2.900 2,358 Totals.85,834 100,114 PRESIDENT President Harding Gives His Reasons For Refusing Con sent to Gratuity to Service Men "Washington, Sept. 19.?President Harding vetoed the soldiers* bonus bill today, informing congress in a written message that while he was j In accord with "the avowed pur poses of the measure he did not subscribe to its provisions. The executive's action was re-' j gardeu generally in Washington as ] I making improbable a bonus for i the World War veterans,:at least! for some time to come; as it ap-j peared ? to be almost ? certain that j the- veto would be sustained by the i senate. A vote m the house was \ ! planned tor tomorrow with senate j [action to follow later in the day] jor on Thursday. ? I Text of Message. | President' Hoarding's bonus veto I jmessage follows: !44To the" house of representatives: "Herewith is returned without approval H. R; 10874, a bill *To ? provide adjusted compensation for ! the veterans of the World War and j for other purposes.* "With the avowed purpose of I the bill to give -expression of a nation's gratitude to those ; who served in its defense in the World war, I am in accord, but to its pro visions I do' not subscribe. - The United States never will cease to be'grateful, it can not and never Will cease giving expression tc that gratitude. "In legislating for what is call ed adjusted compensation congress failed, first of all, to provide the revenue from which the bestowal is to be paid. ^Moreover, it estab lishes the very dangerous precedent of creating a treasury covenant to pay which puts a burden, various ly estimated between four and five billions, upon the American people not to discharge an obligation, which' the government always must pay, but to bestow ? bonus which* the soldiers themselves, while serving in the World war, did not expect. ? *Tt is not to be denied that the nation has certain \*ery binding obligations to those of its defend ers who made real sacrifices In the World war, aBd who left the armies wounded, disabled or dis eased, so that they could not re sume their places in the normal activities of life. These obliga tions are being gladly and gener ously met. Perhaps there are here and there inefficiencies and injustices, and some distressing instances of neglect, but they are all unintentional, and every en ergy is being directed to their ear liest possible, correction^ No Complaint as to Cost. "In meeting this obligation there is no complaint about the heavy cost. In the current fiscal year we are expending $510;0$0,vOO on hos pitalization and carl of sick and wounded, on compensation and vocational training for the dis abled-, and for insurance. The figures do not include the more than $35,000,01)0 in process of ex penditure on hospital construction. The estimates for the year to fol low are approximately $470.000, 000. and the figures may need to be. made larger. Though the peak in hospitalization may have passed, there is a growth in domicilization, and the discharge in full of our obligations to the diseased, dis abled, or dependent who have aj right to the government's care, | with insurance liability added, will probably reach a total sum in ex cess of $25,000,000.000. "More than 99,000 veterans are now enrolled in some of the 445 different courses in vocational training. Fifty-four thousand .of them are in schools or colleges, more than 38,000 are in industrial establishments and a few more than 6,000 are being trained in schools operated by the veterans' bureau. "Approximately 19.000 have com pleted their courses and have em ployment in all cases where they desire it, and 53,000 hare deferred for the present time their accept ance of training. The number eligible under the law may reach close to 400.000. and facilities will continue to be afforded, unmindful of the necessary cost, until every obligation is fulfilled. "Two hundred and seventy-six thousand patients have been hos pitalized, more than a quarter of a million discharged, and 25,673 j patients are in our hospitals today. | "Four hundred and sixteen | thousand awards of compensation have been made on account of death or disability, and $480,000, 000 have been paid to disabled men or their dependent relatives. One ! hundred and seventy-five thousand disabled ex-serviee men now re ceiving compensation along with medical or hospital care where needed, and a quarter of a million checks go out monthly in dis tributing the eight million dollar payment on indisputable obliga tions. Xo Material Obligation. "I recite the figures to remind the congress how generously and how properly it has opened the treasury doors to discharge the obligations of the nation to those to whom it indisputably owes com pensation and care. Though un dying gratitude is the need of every One who served, it is not to be said that a material bestowal is an ob ligation to those who ^merged from the great conflict not only xmharmed. but physically, men tally and spiritually richer for the great experience. If an obligation were to be admitted, it would be tc charge the adjusted compensation bill with inadequacy and stingi ness wholly unbecoming our re public. Such a bestowal, to be worth while, nfust be generous and without apology. Clearly the bill returned herewith takes cognizance pf the. inability of the government wisely to bestow, and says, in sub stance, "We do not have the cash, we do not believe in a tax levy to mCet the situation, but here is our note you may have our credit for half its worth.' This is not com pensation, but rather a pledge by the congress, while the executive branch of the government is left to provide for payments"falling due in ever-increasing amounts. "When the bill was under con sideration in the house I expressed the conviction that any grant of bonus ought to provide the means of paying it, and I was unable to suggest any plan other than that of a general, sales tax. Such a plan was unacceptable to the congress, and the bill has been enacted with out even* a suggested means of meeting the cost; Indeed, the cost is not definitely known, either for the immediate future, or in the ul timate settlement.. The treasury estimates, based on what seems the most "likely exercise of the options, figures the direct cost at approximately $145,000,000 for 1923; $225,000,000 for 1924;-$114, 000,000 for .1925; $312,000,000 for 1926, making a total of $795,000, 000 for the first four years of its operation and a total cost in excess of 84,000,000.000. No estimate of the large indirect cost ever had been made. The certificate plan set's up no reserve against the ul timate liability. The plan avoids any considerable direct outlay by the government during the earlier years of the bill's proposed opera tions, but the loans on the certi ficates would be floated on the credit of the nation. This is bor rowing a nation's credit just as truly as though loans were made by direct government borrowing, and involves a dangerous abuse of pub lic credit. Moreover, the certifi cate plan of payment is little less than certified inability of the gov ernment to pay, and invites a prac tice on sacrificial barter which I can not sanction. it is worth remembering that the public credit is founded on the popular belief in the defensibility of public expenditure, as well as the government's ability to pay. Loans Come from every rank in life, and our heavy tax burdens reach, directly or indirectly, every element in Our citizenship. To add one-sixth of the total sum of our public debt for a distribution among less than five millions out of one hundred and ten millions, Whether inspired by grateful sentiment or political expediency, would under mine the confidence on which our credit is builded, and establish the precedent of distributing public funds whenever the proposal and the numbers affected make it seem politically appealing to do so. Congress clearly appraised : the danger of borrowing directly to fi nance a bestowal which is without obligation, and manifestly recog nized the financial problems with which the nation is confronted. Our. maturing promises to pay within the current 'fiscal year amount to approximately -$4,000, 000,000, most of which will have to be refunded. ? Within the next six years more than $10,000,00v,^ 000 of debt will mature, and will have to be financed. These out standing and maturing obligations are difficult enough to meet with out the complication of added boi> rowings, every one of which threatens higher interest and * de lays the adjustment to stable gov ernment financing and the dimin? ton of federal taxes to the defensi ble cost of government. . It is ? sometimes thoughtlessly urged that it is a simple thing for the rich republic to add four bil lions to its indebtedness. This im pression comes from the readiness of the public response to the gov ernment's appeal for funds amid the stress of war. It is to be re membered that in the war every body was ready to give his all. Let us not recall the comparatively few exceptions. Citizens of every degree of com' petence loaned and sacrificed, pre cisely in the' same spirit that our armed forces went out for service. The war spirit impelled. >To a war necessity there was but one answer, but a peace bestowal on the ex service men, as though the su preme offering could be paid for with cash, is ? perversion of public funds, a reversal of the policy which exalted patriotic service in the past, and suggests that future defense is to be inspired by com pensation rather than conscious ness to- flag and country. Must Decrease Borden. The pressing problem of the government is that of diminish ing our burdens, rather than add ing thereto. It is the problem of the world. War inflations and war expenditures have unbalanced bud gets and added to indebtedness un til the whole world is staggering under the load. We have been driving in every direction to curtail our expenditures and establish economics without impairing the essentials of governmental activi ties. It has been a difficult and unpopular (ask. It is vastly more applauded to expend than to de ny. After nearly a year and a quarter of insistence and persua sion, with a concerted drive to re duce government expenditure in every quarter possible, it would wipe out everything thus far ac complished to add now this pro posed burden, and it would rend the commitments to economy and saving so essential to our future welfare. The financial problems of the! government are too little heeded! i until we are face to face with a | great emergency. The diminish- j ing income of the government, due j to rhe receding tides of business] and attending incomes, has been j overlooked momentarily, but can I hot he long ignored. The latest budget figures for the current fis cal year show an estimated deficit of more than $650,000 and a fur ther deficit for the year succeeding, even after counting upon all in terest collections on foreign in debtedness which the government is likely to receive. To-add to our pledges to pay, except as necessity compels,'must seem no less t than governmental folly. Inevitably it means increased taxation, which congress was unwilling to levy for the purpose of this bill, and will turn us from the course toward economy so. essential to promote the activities which contribute to common welfare. "It is to be remembered that the United States played no self seek ing part in the World war, and pursued an unselfish policy after the cause was won. We demanded no reparation for the cost involved, no payments out of which obliga tions to our soldiers could be met. I have not magnified the willing outlay in behalf of those to whom we have a sacred obligation'. It is essential to remember that a more than four billion dollar pledge to the able bodied ex-service men now will not diminish the later ob ligation which will have +to be met when the younger veterans of to day shall contribute to the rolls of the aged, indigent and dependent. Pensions Will Come. *Tt is as inevitable as that the years will pass, that pension pro vision for World war veterans will be made, as it lias been made for i those who served in previous wans, j It will cost more billions than I I venture to suggest. There will be [ justification when the need is apparent, and a rational financial [policy today is-necessary to make [the nation ready for the expendi true which is certain to be required I in the coming years. The con templation of such a policy is in accord" with the established prac tice of the nation, and puts the service men* of the World war on the same plane as the millions of men who fought the previous bat tles of the republic. ? "I confess a regret that I must sound a note of disappointment to the many ex-service men who have the impression that it is as simple a matter for the government to ne istow billions in peace as it was to expend billions in war. I regret to stand between them and. the pitiably small compensation pro posed. I dislike to be out of ac cord with the majority of congress which has voted the bestowal. The simple truth is that this bill pro poses a government obligation of more than four billions without a provision of funds for the extra ordinary expenditure, which the executive branch of the govern ment must finance in the face ol difficult financial problems, and the complete defeat of our coni-, mitment to effect economies. I would rather appeal, therefore, to the candid reflections of congress and the country and to the ex-ser I vice men in particular, as to the [course better suited to further the [welfare of our country. These ?ex-soldiers who served so gallant ly in war, and who are to be so conspicuous in the progress * of the republic in the half century before us. must know that nations can only survive where taxation is restrained from :the limits of op pression, where the public treasury is locked against class legislation, but ever open to public necessity [and-prepared to meet all essential [obligations. Such a policy makes I a better country for which to fight, [or to have fought, and affords a 'surer abiding place in which to live and attain." COTTON-CAN BE PRODUCED PROFITABLY The time to begin fighting the boll weevils to save next year's crop is right now. ? As" quickly as possible the cotton should be pick ed out and the stalks cut down and turned under, using a two-horse plow wherever possible. By cut ting and turning under the stalks millions of weevils will be starved to death before frost, and the num ber of weevils left to go into hib ernation will be tremendously re duced. Cotton can he grown profi tably in boll weevil territory, but it can be done only by general and rigid compliance with the methods ; worked out and tested by ex perts who have made a twenty- \ I year study of the problem. The j first thing in the program of -fight- 1 ! ing the pests is to pick the cotton icrop early and then destroy the ! stalk's. The next is early planting and liberal fertilization to obtain quick growth and early fruiting. Then comes destroyying the laying .weevils by hand picking and poison- ] ing. Finally, systematic poisomng by dusting with calcium arsenate. That the use of calcium arsenate pays has been demonstrated be yond the shadow of a doubt on j numerous Sumter county farms, j If any one doubts this statement, j proof can be furnished by Mr. IV. j G. Fishburn. manager of the Sum- j ter plant of the Southern Cotton 1 Oil Co.. who spent the summer conducting tests of the use of cal cium arsenate on a number ot farms in the vicinity of this city. Those who wish to see for them selves what results are obtained by the use of calcium arsenate should visit the farm of Mr. Wil lie Shaw on the Mayesville road. Here a test was made by using cal cium arsenate on five acres while no poison was applied on the ad joining five acres of the jame field. The difference in production of cot ton can be seen at a glance. Up to Saturday, September 16th. 4.000 pounds of cotton had been picked from the five acres on which cal cium arsenate was used, and it was then estimated that at least 200 WANTED?-Ladies to come and see my line of hats. Hours 0:30 a. m. to 7 p.m. I have new stock. Mrs. C. W. McGrew, cor ner Magnolia and Myrtle Sts. Phone 870L. Charter No. 10080 Reserve District No. 5 * REPORT OF CONDITION OF THE National Bank of South Carolina of Sumter. AT SUMTER, IN THE STATE OF SOUTH CAROLINA, At the Close of Business on September 15, 1922. RESOURCES: { wV,v-; L a Loans and discounts, including redis- j counts, acceptances of other banks, and foreign bills of exchange or v drafts sold with indorsement of this f bank (except those shown in b and c) .-.$ U512.825.29 Total loans ._-?? 1,512,825'29~ 2. Overdrafts: unsecured; 32,560.39.. 2,560.39 4. TJ. S. Government securities owned: a Deposited to secure circulation (U.S. u k bonds par value)_._ 200,000.00 \ b AH other United States Govern- ? ment securities (including premiums, if any) _.-.______ 107,642.55 6. 8. 0. 13. 14. 15. Total _.-._?_ Other bonds, stocks, securities, etc.: _ z -_?__ Banking House, $31,551.16; Furniture and fix tures, $1,812.78. Lawful reserve-with Federal Reserve Banfe _ K items with Federal Reserve Bank in process of col - tion _.-.-___-_ Cash in vault-and amount due from nations! banks.. Amount due from State banks, bankers, and trust companies in the United States (other than in cluded in Items 8, 9. and 10)_i_? Checks on other banks in the same city otr town as repotting bank (other than Item 12) _._. Total of Items 9, 10, 11, 12, and 13 : 67,314.04 b Miscellaneous cash items .- - 212.1S Redemption'fund with U. S. Treasurer and due from U. S. Treasurer.__L._ ? 307,642.55 18,900.00 a 33,^63.94 72,877.75 13.S5S.25* 7.915.20 38,683.82 6,93^.77 212.18 I'LOOO.OO Total.-r-.-$2,025,S96;I4 LIABILITIES: Capital stock paid hi-_._$ 500.-OtfG.00 Surplus fund_-.-\- 2SO.000.00 Undivided profits_.? 71,430.07 a Reserved for interest' and J , taxes accrued. 6,004.02 # . b Reserved for ......_ 12.959.39 \ 90,393.48 c Less current expenses I . and taxes paid._-?-'?- 6,956.70 83,436.7$ Circulating notes outstanding _;___.. .____-.^__ 1?&,995:00 ; Amount due to Federal Reserve Bank (deferred credits)_-.-L ?_!__ 2o. 30. ?o 33. Amount due to national banks ?*_'____-.-_ _'_____._. Amount due to State banks, bankers, and trust com panies in the United States and foreign; countries (other than included in Items 21 or 220 _-_._ Certified checks outstanding._ Cashier's checks outstanding_-?-_ Total of Items 2-1, 22. 23, 24, and 25 78.1S6.2? Demand deposits (other than bask deposits) sub ject to Reserve (deposits payable withttn 30 days): Individual deposits .subject to check_i_ State, county, or other municipal deposits secured by pledge of assets of this 'tank or surety bond_ Dividends unpaid i _ _ _ . ?- ?_ _ ._-;_" Total of demand deposits (other than bank deposits) subject to Reserve, Items 26, 27, 28, 29, 3?, and 34 , 440,233.19 Time deposits subject to Reserve (payable after 30 days, or subject to 30 days or more notice and postal savings): Certificates of deposit (other than for money bor rowed) ........?:-_..___._.?_ Slate, county, or other municipal deposits secured by pledge of assets of this hank or surety bond_. Other time-deposits - - --_?_-_ Total of time deposits subject to Reserve, Items 32, 33, 34, and 3*5 692,844.91 47.04L87 16,795.56 5,-411.72 I 8,117.63. 428,351.31 10,961.88 420.00 492,512.9g 15,903.00 275,331.93 Total - - . . . . _ _.-_-..._. $2,025,69$,U State of South Carolina, Coualy of Suhrter. ssr is BARLE ROWLAND, Cashier of the above-named bank, do sofemnly; swear that'the above statement is true to the best of my knowledge and belief. EARLE ROWLAND, Cashier. Subscribed, and sworn to before me this 19th day of September, 1922. .. . ? . ? .:. - .? W. H. TATES, JR., Notary Public Correct?-Attest: MITCHELL LEVI, W. B. BURNS, C.G.ROWLAND, Directors. 1 hi (SEAL) pounds to the acre would , be ob- not less than two bales cf cetton. tained at the next picking, with a: This is certainly a handsome pro good many bolls still to open. The:fit on an investment cf less than total yield of this five acre plot j $50 for poison and labor. Farmers is estimated to exceed 5,000 pounds j who plan to plant cotton next " of seed cotton. The exact figures year should familiarize th?.rmsclves -* will be available when picking has been completed. From the unpois oned five acres 2,500 pounds had been picked up to the 16th, and the estimate of the unpicked open cotton was 25 pounds to the acre, with ho bolls to open latsr. The cost of applying calcium arsenate to the five acres-deluding cost of the poison and labor in applying it?was less than ten dollars per {with the methods of using calcium arsenate. for it is only by fighting the weevil that-cotton can be pro duced at a profit J9? NEW POWER PROJECT FOB ALABAMA Washington, Sept. 2L?The U cense for a, power project on rthe acre, or $50 for the five acre .test j Choctowhatchee River was^ grant plot:v The excess yield of the five acres on which poison was used over the adjacent five acres on which poison was not usel will be ?rbe:built. ed to the city of Dothan, Ala., by the federal power commission...An earth dam about one mile long will The National Bank of South Carolina Facts worthy of your consideration: Our large capital and surplus, our ability, our loans and dis counts, our liberality, our large deposits, ^the peoples' satisfaction with our system and confidence in our protection. ' We offer our Service and Protection to you and want your account. The Bank With the Chime Oock. C. G. Rowland, Pres. Earle Rowland, Cashier Our Savings Department As shown by our statements from time to time it will be seen that we carry the largest savings ac count of any bank in the city* We appreciate this mark of confidence on the part of our patrons, and will do everything in our power to continue to merit it. Even though your money may be deposited in our Savings Department for a fixed period, it is al ways available for you whe$ you want it. First National Bank of Sumter