The Union times. [volume] (Union, S.C.) 1894-1918, July 02, 1915, Page 4, Image 4
THE UNION TIMES
PUBLISHED EVERY FRIDAY BY
THE UNION TIMES COMPANY
TIMES BUILDING, MAIN STREET
BELL PHONE NO. 1
LEWIS M. RICE Editor
Registered at the Postoffice in Union,
S. C.f as second class matter.
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;Obituary notices, tributes of respect,
resolutions and cards of thanks
strictly one cent a word.
FRIDAY JULY 2, 1915.
ARE CORPORATIONS DOOMED?
I do not feel shivers up and dowr
tne spine because or tfte manifest injustice
too often done to legitimate
invested capital; for I believe thai
such injujstices will prove their owr
folly, and thus work out a better condition.
I feel sure that the great
majority of the people need but tc
understand the facts, and understanding
them will deal fairly. The trouble
has been that for some thirty year?
now, newspapers, magazines, politicians
and would-be reformers have so
persistently cried out against corporations
that the average man has
come to think that a corporation is
worse than a "highland mocassin,"
and should be smitten to death. The
very word "corporation" has become
a "stench in the nostrils" of the vast
majority of our people. This hatred
is manifested at every political gathering;
it is most clearly shown in
almost every court.
The corporation has become the
easy mark of the "damage suit" lawyer.
One has but to attend civil
court anywnere in the State to he
convinced of this attitude towards
the corporation. Cases, that if
brought against an individual would
be thrown out of court, are seriously
considered when the defendant is a
corporation, and frequently the corporation
is mercilessly bled. I am
not questioning1 the right to make
the corporation pay when the case is
just. Hut it often happens that justice
is violated. I have reached the
deliberate conclusion that a man is
quite much of a fool to, at this time,
invest money in a corporation; and
that many others have reached the
same conclusion, is. I believe, at the
bottom of the abnormal stringency in
money matters. I believe this attitude
of the public mind has more to
do with "hard times" than does the
low price of cotton. Men are becoming
more and more afraid to invest
in incorporated enterprises. , This
naturally causes "tight money." We
have few individuals who have capital
sufficient to launch an enterprise.
To have many individuals put their
money together is often the only
possible way to launch an enterprise.
When such an enterprise is started
it is too often mercilessly hied. That
is the reason that the "small man,"
the man with limited capital, has
come to be slow to invest. I do not
blame him.
There is another phase of this subject
that frequently escapes notice.
orporated capital is -? ' >
speetion. It is held to strict accountability.
Laws have multiplied regulating
invested capital. It cannot escape
taxation. It has come to be a fact
that such working capital, capital involved
in carrying on the industries
of the country, comes in for a larger
share of taxes than is just. Take
our banks for an illustration. They
are constantly held to strict account
ability by State and Federal governments.
They are harassed hy required
reports; they are taxed heavily.
So soon as the State Tax Commission
is created for the purpose of
equalizing taxation, the Commission
makes a dive for the banks. They
were already required under the federal
laws to pay income tax, not
only upon net earnings, but upon
every dollar of dividends paid to
stockholders. And they are now the
very first mark of the tax commission.
Not one movement to get at
the manifest injustice in returns
made by large landed estates. Not
one move to set at the private capital
often loaned at 10 or 12 percent.
The corporation, the legitimate prey
of all reformers and of the public in
general, must needs be attacked first
thing.
I may be mistaken, but I have
come to the conclusion that legitimate,
invested capital in this Stat'
is well-nigh doomed. The present
oppression put upon honestly invested
money puts it in an impossible competition
with private capital. It matnot
be the popular thing to write an
aricle like the above, but when an
editor reaches an honest conclusion,
he is a coward if he does not express
it. What this country needs is less
"taffy" and more sane thinking. The
newspaper owes a debt to its constituents.
One obligation is that of
being honest. I shall write more
along this line. In the meantime,
our columns are wide open to one and
all, provided the writer is willing to
sign his article.
JONESWLLE
Jonesville, June 29.?Farmers are
irettinc their rrons in irnnrt rnn#litinn
and a Rood rain is now in order.
Mr. Robert A. Black is moving today
from our town to Union where
he has accepted a position with the
Southern Railway.
Mrs. George Wood and Hamilton
Hill are attending a house party at
the home of Mrs. W. B. May at Carlisle.
Mr. G. C. Wood was a visitor
i to Carlisle on Sunday.
Mr. William Jeffries and Miss
, Mamie Gettys spent the week-end at
Carlisle.
Mr. R. B. Smith spent Sunday at
the home of Capt. F. M. Farr in
Union.
Mr. B. F. Webber, with some other
, friends, who have been giving a free
barbecue and dinner out at Mr. Webber's
home on Fairforest have con'
eluded to cut out that function on the
t coming 4th.
i Mrs. Janie McWhirter of Union is
. the guest of Mrs. Crissie McWhirter.
Before this communication is read
by the patrons of the Times a mod'
ern, fashionable wedding will take
" place in the Methodist church in
! Jonesville. The contracting parties
; are Miss Kathrin McWhirter, of our
town, and Mr. Samuel Milton Lipscomb
of Perth Amboy, N. J. The
' happy event will take place Wednesday
evening, the "eremony to be performed
by Rev. Warren Lipscomb, a
j brother of the groom.
> On next Sunday evening a bevy of
young ladies will leave here for the
great Panama exposition at San
FrAnrisPH thr*v nr? Miccnc MnriAn
; Elizabeth and Lucile MeWhirter and
I Miss Inez Spears. The party will go
. to the Rockies and through the earth}
quake zone. Hope they don't get
swallowed up by another quake.
Mi'ss Marie Blair of Spartanburg,
! is the guest of Miss Pearl Lybrand
Mrs. Marvin McNeace of Union
was the guest of Mrs. J. F. Alman
last Sunday.
Mr. and Mrs. Samuel T. Reid and
| daughter of Spartanburg, are 'in
town to attend the funeral of Mr. R.
I .1. Kirby, an uncle of Mr. Reid's.
Mrs. W. (5. Coleman, Miss Lela
Coleman and Mrs. R. ('. Coleman are
in High Point visiting relatives.
Mrs. Fugene Lipscomb is the guest
of Mrs. Crissie MeWhirter this week.
| Miss Mattie Glasgow of Newberry,
I is the guest of Miss Kathleen Mc!
Whirter.
Mrs. M. W. Chambers and little
daughter Mary, are spending sometime
in Atlanta visiting relatives.
Telephone.
PA COLE T, ROUTE 2
I I'acolet, Route 2, June 29.?The
farmers of this section are well up
with their work. Crops are looking
well l>ut are needing rain hadly. We
have not had a real good rain in this
section for four weeks.
Mr. .J. T. Gladden has accepted a
position with the Pacolet Ginning Co.
They are installing an electric plant
and the gin will he run liy electricity
hereafter, which is hoped will he a
great improvement over the former
system.
Rev. Mr. Peeler of Pacolet, preached
at the Mahry school house on Sunday
afternoon. A large crowd being
present.
Messrs. .lames Ward and Wilton
Tweed have organized a Bible class
for the Mahry Sunday school.
Mrs. 1 >. M. Black and children
spent Saturday with Mrs. J. T. Gladden.
Mrs. G. A. Black visited relatives
in Pacolet Sunday.
Mr. Wallace Story visited relatives
at Sulphur Springs Sunday.
Mrs. W. II. Evans and children
visited at Mr. B. F. Mabry's Sunday
afternoon.
Mi sses Minnie, Pearl, and Nannie
Johnson and Mr. Dave Coleman of
.lonesville attended services at the
school house Sunday afternoon.
Mrs. Watt Page and children of
near .lonesville, spent one afternoon
last week with Mrs. J. W. Cunningham.
Miss Alllia Kl'P#? nf naar
attended thr? services at the school
house Sunday afternoon.
Mr. and Mrs. T. J. Bland visited
relatives near tilenn Springs Sunday. (
Mr. and Mrs. Sam West of Whitestone,
were visitors on this route
Sunday.
Mr. Ij. H. .lone.s and little son
Madden, of Whitestone visited in this
section Sunday afternoon.
Solo.
Whenever You Need a General Tonic
Take Grove's
The Old Standard Grove's Tasteless
chill Tonic is equally valuable as a
General Tonic because it contains the
well known tonic propertiesof QUININK
and IRON. It acts on the Liver, Drives
out Malaria, Enriches the Blood and
Builds up the Whole System. SO cents.
BUSINESS MEN OF THE STATE <
DECLARE FOR PROHIBITION
Columbia, S. C., June 22, 1915.? >
An address to the people of South ^
Carolina, signed by a number of ^
leading prohibitionists, was made ?
public Saturday in Columbia by J. K. J
Breedin of Manning, secretary of the 1
Business Men's Volunteer Committee ^
for Prohibition.
Fellow Citizens of South Carolina: Jj
"The question of prohibition is the j
big issue before the citizens of South
Carolina at this time and it is a ques- ^
tion of such moment as to call for ^
the most earnest consideration on *4
the part of the men and women of ?
the State. Jj
No linger Debatable j
"Prohibition is no longer a debat- +4
able issue in our politics, because it f
is now seen to be a factor of first \
importance in the promotion of the <
industrial efficiency of our people
and the fullest development of our ^1
resources. 1
"The idea of a stable commercial
prosperity being based upon the sale ?
of liquors is contrary to a propel- J
conception of business, as well as 1
being incorrect from an economic
standpoint. The highest development J
of business proceeds from economical
utilization of all the resources of ^
the State, the greatest resource being ?
sober, vigorous, productive citizens. ^
Aiconoi as a Deverage nas been {
prohibited by some of the nations at ^1
war because their armies must have ?
the highest degree of alertness to be J
efficient. That being true of war, why }
should not the business of achieving *4
happiness or wealth, or both, have the J
same consideration ? J
Economic Argument ^
"The use of liquors unfits a man <
for business, impairs his health, be- ^
clouds his mind, shakes his resolb- \
tion, loosens his moral fibre. We es- *5
pecially urge young men to contem- ?
plate this, not only as we represent J
it, but as it is illustrated in number- }
less instances. Such indulgence being ft
without benefit, and in almost cer- V
tain obstacle to advancement in the j
competition of business, they would %
be wise to abstain absolutely. 4>1
"We hone the men of the State
will consider this question carefully }
in its relation to the happiness, pro- *4
ductiveness and efficiency of our peopie
on the one hand and the preven- J
tion of waste of great sums of money ^
and the toll of unhappiness which at- i
tends it, on the other. ^
David R. Coker, S. G. Mayfield, *
Bright Williamson, Charlton DuRant, *4
John McSween, C. K. Henderson, C.
B. Bobo, W. E. Richardson, R. F. J
Bryant, Charles E. Danner, F. H. 1
Hyatt, W. W. Sullivan, J. D. Ham- *4
mett, Joseph Sprott, T. W. Boyle and
W. J. Murray. 4
"That the demand for prohibition *4
is not sentimental altogether may be
seen from such statements as that J
which is published after it had re- }
ceived the consideration and approv- *4
al of the distinguished men of affaire .
who signed it," said Mr. Brcgd/-f IJ
"The chief impulse to prohibition tS-"| <
day is the attitude of business men. %
Efficiency and drink do not go to- 4
pether, and this is the day of effic- <
iency." ^
Mr. Breedin has been in demand as ^
a prohibition speaker, havinp been ^
invited not only to churches, picnics J
and chautauquas, but to a tent meet- ^
inp where a revival was in pro press 4
Mr. Breedin says that the appeal that a
poes farthest is that based on the <
pround of business and social wel- \
fare, without abuse or exapperation. 4
This appeal he has made in many <
parts of the State. The Barnwell Sen- >
ti'nel and the Union Times refer to his 4i
arpument as lopical, dispassionate j
and convineinp. J
THE CITADEL J
The Military Collcpe of South <
Carolina 4
Announced as "Distinpuished Mili- 4
tary Collepe" by U. S. War Department.
4
Full courses in Civil Enpine< rinp, J
Sciences, Enplish and Modern Ban- *4
puapes. .
Confers Ii. S. and C. E. deprees. J
All expenses pay cadets from j
South Carolina $282 a year. *4
A scholarship worth $300 a year ?
is vacant from Union county, and will J]
be fdled by competitive examination ^
at the County seat 011 the 13th day of ft
Aupust, 101f?. J
For necessary information and j
blanks, apply to Col. (). J. Bond. The
Citadel, Charleston. S. C.
:]
New Market!:]
:<
I Have Opened as
Meat Market I
Next door West of the ^
Express Office.
Try Me ior Fresh Meats \
?
I will strive to please ^
you. Our prices will
appeal to you. 'i
J
B. E. Teaguei
Phone 189 %
jlco
..The Ch<
I If words are terms o
I we want every man
in Union County to
the word Challengi
for yourself, that its
I expressed by a visi
t learn for yourself.
\ SATURDAY
t
We will inaugurate one
[ will positively close this
C leges in sale prices on Jn
[ every business house in
[ prices if they can. It is
C press ourselves so pos
\ what we are talking abo
: we say.
I
: NOTE THE CHAL
o All $2.50 Silk Shirts, Chj
All fancy Jno. B. Stetson
> price
?
OUR CHALLENGE PR
r - BOY'S
All $ 8.00 and $9.00 Suit
? All 10.00 Suits, Challen
All 15.00 Suits, Challen
[ All 13.50 and $12.00 Sui
? All 16.50 Suits, Challen
j? All 17.00 and $18.00 Sui
[ All 20.00 Suits, Challen.
? All 22.50 and $25.00 Sui
j? ALL BOY'S SUITS
f ALL STRAW HATS
:
OUR CHALLENGE 1
All $1.50, Challenge price
| All 2.00, Challenge price
I All 2.25 and $2.50, Chall
' All 3.00, Challenge price
All 3.50, Challenge price
All 4.00, Challenge price
* All 4.50, Challenge price
All 5.00, Challenge price
All 6.00 and $6.50, Chall
This does not apply to c
I line of Palm Beach Suits
Use this opportunity
summer vacation. 1
are included in our G
A visit to our store
that we mean just w
J. vu
The House of
A'AA A. A A- ^
lf.ff.fMWW?T*.f.?.f.Vif.ff.fJ
HEN|
illenger.. |
f expressions, then x
l, woman and child i
grip fast and tight i
? in its truest sense
> definition is truly
it to our store and f
f, JULY 3rd I
week of Bargains, and |
iweek of special privi- |
ily 10th. We challenge X
the State to beat us on ?
not often that we exitivelv.
hut we knew Y
? ? 7 * ?'
ut, and mean just what ?
i
LENGE PRICES: |
illenge price $1.75 ^
$3.50 Hats, Challenge
$2.50 >
Y
ICES ON MEN'S AND *
SUITS T
s, Challenge price $ 5.50
ge price 7.50 V
ge price 10.00 &
ts, Challenge price 9.00 *
ge price 10.00
ts, Challenge price 12.00
ge price 13.50
I I
ts, Challenge price 15.00 |
25 PERCENT OFF
ONE-THIRD OFF f
>
E>RICES ON PANTS 'i*
V
i $1.25
1.50 Y
enge price 2.00
s 2.50
_ __
t 2.7;)
3.00 A
3.50 Y
4.00 ,1,
i
enge price 5.00 ??
i i i
x
>ur splendid and nobby %
{ which sell for $5 to $8. ?
?
to prepare for your ?
Vacation necessaries ?
reat Challenge Sale. X
n
tin I I /r ? t-i *
win ^uiiviiiue yuu
hat we say.
IHENI
Satisfaction. 2
^ a A A- A A * A A A A, A, A A