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LIBERTY BOND OUTLOOK.
Wellesley Hills,.Mass. Sept. 9, 1922.
A great many of our readers have
Liberty Bonds and wonder if it is
pt time to sell them. -When they
went down into the 80's people were
frightened and threw them over.
Now that they have come up to par,
and better, the same people are buy
ing more. This is a queer little 'world.
In view of the situation Roger W.
Babson issues the following state
"it is true that the time to buy
bonds is when no one else wants
them. Hence, I strongly recommend
the purchase of Liberties two years
when they were selling in the
. I am not quite convinced, how
ever, that the time has yet come for
seUing them, even tho they are act
ing'rather qu(erly at the moment.
"People are worrying as to whati
effect the railroad and coal strikes,
and other industrial dLsturbances will
have on the price of Liberty Bonds.i
America's greatest and most popular
investment. It wohtdi be only nat
ural that these disturbances should
depress the p.ice .o Liberies a little: I
but such affect would be only temp
orary. Money is destined to be even
cheaper than it is today, and inter
est rates will continue fairly low
for -some time to comue. This means
that banks will again come into the
market to buy Liberty Bonds. These
purchases by the banks, together with
the purchases of the Government,
must keep the price up and quite
likely foree still higher prices. There
fore, I definitely advise readers to
hold their Liberty Bonds believing
that they will ultimately sell for
Nigher prices. Be prepared, however,
for a possible temporary decline in
order not to be panic-striken if such
a temporary decline takes place.
"The Fourth 4 one-quarter's are
today selling/at little over par and
are callable- at par in 1933. Readers
tan be pretty certain that the ionds
will be called at that time. This
means that on the 15th, of October
in the year 1933 these bonds will sell
at par. blot one per cent above or
one per cent below. With a constant
interest rate between now and then
the bonds should be at their high
est point about 1927 or half way be
tween now and their callable date.
The same. rule applies to all of the
s very like
. 0me, 4gen.be
jyise all of to bout
nnent is made.
rberty Bonds be
- crefl wht y ~ e A grea
suraceofthewatr ooking for
- is wenthsrefunding plan is put
into operation. People are already
traveling about our cities huntng up
holders of tibertly Bonds and offer
ing to swap for them vahious kinds
of stock. Beware of such men. Don't
talk to them or even listen t othem.
Shun them as if they had small-pox.
WVhen you wish to invest money ask
the ban.k, where you have your sav
ings account, to recommend some good
investment firms. Go to them; tell
*them your condition ,and put them
on their honor to protect you and
In ninety-nine cases out of a hun
Ldred you will get good honest advice
which will be worth money to you.
IWhen your Liberty Bonds become due
or are called for payment, follow the
same course. Either put the money
in the savings bank or invest it in
ecurities whicA a good investment
-house recommends. There are plenty
of such good reliable huoses.
"One need not wait until his Lib
rty Bonds become due before getting
,little experience in investing. Un
-er the -present system of selling
high grade securities in $100 and
500 denomination, it is now possible
to purchase good bonds from reliable
investment houses with only a small
amount to invest. To buy one of
these "baby bonds" is a very practical
m eans of both' saving mqney and be
coming interested in securities. This
is not something which should be
done when securities are high as is
the case when the Babsonchart shows
business to be considerable above the
nnrmal line. Today, however, with
business about 9 per cent below the
normal line, such securities should
be worth more in the years to come.
"Much more money is available to
day for investment in Government,
muiucipal, railway, public utility, and
sound corporation bonds than at any
the in the history of America. It
is estimated that there has been an
inrease of' available funds for in
vestment of over 50 ~per cent since
1914. Of course, on the other hand,
the needs of the world for construe
tion purposes are enormous and have
probably like-wise in creased nearly
50 per cent. However, the net differ
ence should be in favor of the invest
or. Therefore, hold such good se
cuuriies as you now have and . buy'
so long as the Babsonchart figure
remains below normal. Today it is
9 per cent below normal. In other
words, when the Babsonchart regis
ters above normal, it is a good time
to do busin'ss, but an unfavorable
time for long-term investments.
When the Babsonchart registers belov
normal, it is a poor time to do busi
ness but a good time for making long
SU1MONS FOR RELIEF.
State of South Carolina,
County of Fairfield.
Court of Common Pleas
S. G. Rose, J. W. Jenkins and E. C.
Rose, co-partners doing business
firm name and style of Rose Lee
D. J. Harrison and Levinia Harrison,
Copy Summons. For Relief.
To the Defendants:
You are hereby summoned and re
quired to answer the complaint in
thisa ec-.in. of vhich a copy is here
with se-ved upon you, and to serve a
copi, of y our answer to the said com
Jlaint on the subscriber at his office,
Winnsboro, S. C., within twenty days
zfter the service thereof, exclusive
of the day of such service; and if
you fail to asnwer the complaint
within the time aforesaid, the plain
tiff in this action will apply to the
Court for the relief demanded in the
Dated Winnsboro, S. C., July 1, A.
D. 1922. ' *
W. D. DOUGLAS,
To the Absent Defendants, D. J. Har
rison and Lavinia Harrison:
You will take notice that the Sum
mons of which the foregoing is a
copy and the Complaint were file(
in the office of the Clerk of Court
for Fairfield County on the 10th day
of August, 1922.
W. D. DOUGLAS,
22-24. Plaintiffs' Attorney.
I hereby announce myself a can
didate for re-election to the office o:
County Treasurer,, subject to the ac
tion of the Democratic primary.
A. LEE SCRUGGS.
I am a candidate for nominatioz
fothe 'fice of air
.e-14 nty.ubject- -
rEd u a ovegng t e irzT
ratie prinary .eleetKN-on.
FORt SUPERINTENDENT OF EDU.
I am a Candidate for the office of
Superintendent of Education, subject
to the action of the Democratic pri
W. W. Turner.
FOR SUPERINTENDENT OF, ED
I am a candidate for renominatior
for the office of Superintendent o:
Edudation, subject to the action o:
the Demoratic primary,
J. L. ERICE.
I hereby announce myself a can
didate for re-election to the office ol
Supervisor of Fairfield county, aub.
ject to the action of the Democratic
M. C. BOULWARE.
We hereby announce Mr. S. F.
Castles for the office of Supervisor,
knowing that he is fully capable and
will render efficent service if elected.
and pledge his support to the rules of
the Democratic ' party.
I hereby announce myself a can
didate for the office of County Au.
ditor for Fairfield county, subject t<
the action of the Democratic pri.
J. EB. STEVENSON.
I anraounce myself a candidate
for re-election to the office of Audi
tor of Fairfield county, subject'to
the rules of the Democratic party.
J. B. BURLEY.
Get more for your cotton. Colsign
it to Savannah Cotton Factorage Co.,
Savannah, Ga. This compnay will
make liberal advances on both selling
and holding cotton. Their weights,
grades and round lot prices will
please you. 21
FOR McCORMICK mowers and rakes
hay presses, cream separators and
gasoline engines, come and see me.
M. w Doty 22-23
"Some time ago, I was very
ireglar," writes Mrs. Cora
Robie, of Pikeville, Ky. "I
suffered a great deal, and knew
I must do something f6r this
condition. I suffered mostly
with my back and a weakness in
my limbs. I would have dread
ful headaches. I had hot flashes
and very queer feelings, and oh,
how my head hurtl I read of
Ihe Woman's ToR e
and of others, who seemed to
have the same troubles I had,
being benefited, so I began to
use it. I found it most bene
ficial. I took several bottles
and was made so much
better I didn't have an more
trouble of this kind. it reg
Cardui has been found very
helpful in the correction of many
cases of painful female dis
orders, such as Mrs. Robie
mentons above. If you suffer '
as she did, take Cardui-a
purely vegetable, medicinal
tonic, in use for more than 40 .
years. It should help you.
NOTICE OF-FINAL RETURN AND
PETITION FOR DISCHARGE.
To All and Singular the Kindred and
Creditorg of Thomas Cloud, De
'Notice is hereby given that on Fri
day, the 29th of September, 1922, at
eleven o'clock, a. m., I will make first
and final return as administrator for
the estate of Thomas Cloud, deceased,
and on that day will apply to Hon.
W. L. Holley, Judge of Prob'ate for
Fairfield county, at Winnsboro, S. C.,
for letters dismissory.
James Henry Cloud.
Administrator for the Estate of
Thomas Cloud, Deceased.
For generations Democr
Carolina. Born in days t
baptized in the fires of wa
ful years of suffering undE
rule, it is a faith that ever
soil should be as jealous c
birthright, breathed into u
and mingled with the milk
the birthright of H'amptc
the hosts of lesser men
struggles. Shalk this gene:
Cole L. Blease is again
governor of the State. I1
gift; it is an honor that sh
governor of a State is as
whom all men look, seeing
who put him there.
.This is necessary to oum
white-race To uphold anm
we hold for the honor an
we bear that it should be b
any man who seeks our c
trifled with this faith that
dom at its core?
Has Cole. L. Blease kept
twithout which no man'hekc
Or has he stained it by deal
who would weaken the firn
ernent of this State ?
Do d4e not recall his Allt
which L~e told the assemnbl
women to demand their rig
tail to them? Do not all n
of Mr. Wilson during 1917:
to run for Congress, in 19
dividual denounced by Wa
Republican? He said: "I
There are few Democra
not know of Joseph W. T
overlord of Republican pat:
Warren G. Harding have b
ing. He is the givei- of all:
and Tan". It is thinkable
heart the good of his part
relations with this man ir
South Carolina- Sends Ten YQung
Missionaries to Foreign Fields
Z4 - 1
[isa Faith M. Snuggs (1), born or missionary parents in Hong -Kong, China, but who has made Greenville, S.C., het
ome during her Amerioan res)dence while obtaining her education, who now goes to Pakhoi, South . China, for
issionary work; H. H. Snuggs (2), born of missionary p rents on the Island of Singapore, Straits Settlement, but
iio has been educated in South Carolina, and who leave Bailey Military Institute, Greenwood, to do educational
3ork at Pakhoi, $outh China; Rev. John T. Littlejohn (3), Scranton, who will -dd evangelistic work at Tsi-ning,_
hina; Mrs. John T. Littlejohn (4), Scranton, who will be associated with her husband in China; Miss Mary E.
r.wton (5), Greenville, likewise born of missionary parents in China, but educated in this country, who returns
do educational work at Hwang Hsien, China; Mr. and Mrs. J. Wash Watts and young son (6), of Laurens,
ho will sail in the early fall for missionary work in Palestine;- William Earl Hines (7), Spartanburg, who will
pervise all the architectural work of the Foreign Mission Board in China; Rev. T. B. Stover (8), Heath Springs,
ho will do Sunday School work in Brazil, with headquarters at Rio; ReV. J. A. Tumblin (9), Laurehs, who will
o general missionary work at Pernambuco, Brazil; Admiral.Liner President Jackson (10), on which missionaries
r Orient departed from' Seattle Sept. 2.
'OUth Crolinians Betray
faith of Their Fathers?
~cy has been the faith of South CoeLBIaewoeTbetonMy2,11,altr
at tested the hearts of men ofapoaofTbetsldrhiofheRulcn
,and purified through shame- patinSuhColn;aetrsrngycm ndn
rthe heel of Republican negro Tobr'yerofsrieadevtntohspt:a
true son and daughter of our letritnetosrntnTlbt'pstonaR
fas honor itself. It is our pulcnlaewihtnsemdobendngr
in the wombs of our mothers Thrwanohnseetntigpiveabute
that fed our )nfancy. It was letrFooinhiidosmtofTbrCleL
1, Butler, Gary, Tillman and Beaewo:
ho supported them in their "Yuaealiettordthsetrtowmyu
ation sell it f.'r a mess of pot- plaeorpbihiifyuwssIpeumevyod
a candidate for the office of qecs aewitnyufel syurqetdm
is the highest honor buinefesna Dmcaouhreoie/tHadn'
uld not be given lightly. The .elcinadtedwflofdais"Whtisnert
, light set on a high hill, on o oe .Bes n o obrCnyupitt n
n him the spirit of the i~ople oteDeortswigheaminrs?
very being as self-governing Bes ecnntdn t emati." rsm
keep it pure is a trust. that evrbdknwthtIsakhtItik.Wato
Isafety of our women. Canl teSrpue a?"samntikt nhshat
trayed ? Can we submnit that soihe"WstetiknofClL.Baewene
ffices should have stained or wrtthtlteththnigoasudadtueDm
arries our very political free- ort tsad ncl ye h otcmlt nit
this faith of pure Democracy
worthy of our 'public offices? ArthwhtpepeoSuhCalitepltcl
ngs with our political enemies herofHmtnadilanpeaedoetuster
ness of the white man's gov,- gvrmn oamnwoi h ofse prvr d
an University negro speech, in
d audience o fnegro men and Shlamasiiithgoenrsetwodrent
ts, which he explained in de- toasethdietsipeqsinwehrorote
en remember his bitter abuse voe n12fothnoiesfteDmcricpty
nd 1918? Did he not attempt Salw itt u ihs fieamnwofudi
9, as an Independent-an in- inhshattorjiewtJoTobtldradpoi
e Hampton as worse than a" ca-ord fte"lc n a"pltcaso h
t my friends stay out of the SttoetheltinfWarnGHrdgadte
ts in South Carolina who do ledrothStt'Deortcfcs.otepolef
lbert. He is the "boss" the SuhCrln att e paDmcayta scr
onage, on whom the hands of tee soei Se nI.
~en laid in approval and bless
ower, the ruler of "The' Black ThearqusinthtvrylalDmctwoe
that a Democrat who has at lv sfrbsSaesol nwrhnsl ttebr~
r and people would have any hicosinebfrhevtsntecmngpmay
poiicPooferts ers of eve satnt eevoion tohimarty:
letterted byteem edrtofnte '76r'spstona e
plae orpbihi?fyuwsa rsm vrbd
knwitI sekwa hnrgals fcne