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The sentinel-journal. (Pickens, S.C.) 1906-1909, January 07, 1909, Image 4

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Persistent link: http://chroniclingamerica.loc.gov/lccn/2012218672/1909-01-07/ed-1/seq-4/

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ickens Setie 0-Journal
UIDMBHED EVE-RY TIJURSDA "AORNINO.
-BY
The Sentinel-Journal Company.
TvOmPSON & RICHEY. PRoPs.
J. L. 0. THOMPSON. EDITOR.
Subscription $1.00 Per Anuum.
Advertisiug Aates Reasonable.
Entered at Pickens Fostoffice am Second Class
Mal Matter
PICKENS, S. C.:
THURSDAY, JANUARY 7, 1908.
SOME CHANGES.
For twelve years,'through evil
as well as good report, THE SEN
TINEL has been under the pres
ent management, and in that
time many changes have taken
place in the county, nearly, or
quite all of which, have been
for the betterment. ipbuilding,
:ement of
weeks this
ir home, as
hope, and
has rejoiced with you in y1.ur
joys and sincerely consoled with
you in your sorrows. It has al
-ways cron1mic(-d the hoppelings
pIf the collilty as it col catch
them1 - th b irths, da ths,
' ma'rrhiges. 1 i. Iimm(Ig.
and 4toings f its people. It
has noted lie moral and relig
ious npliftilg of its citizens, it
has watched with pleasure and
pride the financial and hidustri
al development of the county
and rejoiced exceedingly at the
material advancement of the
conionwealth which it served,
and it sincerely hopes the mate
rial prosperity of the next 37
years may be at least four-fold
greater than that of the 37 years
It has witnessed, and, in Its fee
ble way, helped to bring to a
successful fruition.
The pI)aper has always stood
for what it conceived to be the
right and for the best interests
of the county atlarge,eschewing
the needs or desires of the indi
vidual wherever it conflicted
with the best interests of the
commonwealth. It has made
siue enemies nd many staunch
.Aends, for. ich it is glad-a
manl'tIgt~ doe~ not have some
enemies is not nmuch of a man,
nieither' is he any good1 without
friends-so we ayerake' up wvith
the miost of men.
WVe have made mistaket; tut
who hasn't, for which we are
sorry anid we hope our friends
will ascribe it to the head rather
than the heart, andl( help us to
build on those errors. io the
good of the mriultitudle, rather
than to the de'trimen(t ot the in
dividual.
Thbe wvork has b)ecomIle too
heavy for one0 perison1 to suc
cessfully mnag~e and we have
perfected a p)artnership w ith Mr
WV. L. MathenylI, who) ser'ved
conlscienltiouIsly ando faithfully
with this papier' several ye'ars
ago, an hsle will have charge
of the buisinless and look care
fullyv to ihe desires and wanuts
of our loyal friends and( p)atrons.
He is no( stranger to'the mlajori
ty of our readers and needs ne
introduction at our hands.
For the most jpart our timel
will be taken up wvith visiting
our subscribers and getting bet.
ter acquainted with themi and
collectiong what we have on omi
books, trying to collect the oddi
and ends of what we have mnad(
in tho past 12 years, which, ir
round numbers 'amounts t<
about $5,000. We ask you all
to be prepared to settle up wher
,we call onyou,
New machinery will be put ir
and Mr. Matheny will fit up one
of the best jobplants to be found
anywhere an'd if you cannot get
suited at THE SENTINEL-JOURNAL
office you need not try any
IW.e else.
TN slogan of the new man
agenient will be "Pickens coun
ty in the front row of the pic
ture," and everything that can
be said or done for every inter
est that will push her forward
will be done with a vim, ever
bearing in mind the farming in
terests first, last and all the time
for
"The farmer feeds us all.
Thanking our readers and
patrons for their support and
patience in our shortcomings we
wish for them a better, more
prosperous and happier year in
1909 than ever before.
J. L. 0. T.
A Common Economic Error.
For many years it has been
the -custom of Southern farmers
to make their crop upon the
"advance system" and while
this has been regarded as an
economnic error on the side of the
farier, by Iany lerchants it
has been thought that it was a
very profitalfe wav of buyN-ing0
cotton.
The'c farm' re'nlizeI that as
iatter of safety it wi,s-; better tO
make the food consumed by hisi
family and his stock upon the
farni rather than to purchase it
and especially when he had to
promise payment out of a crop
which had not as yet been
made. I have been watching
this phase of country life in thel
South for many years and have
come to the conclusion that the
"advanced system" is just as
great a mistake on the part of
the merchant as it is on the part
of the farmer, for the following
reasons:
First, the merchant takes
great risks, which, of course, he
tries to cover by increased char
ges. But even thouht these
charges are increased, the stap
les of life are not such articles
as a high percentage of profit
will adhere to, and the merchant
is practically trading gold for a
promise to pay. If the crop
fails, he is obliged to carry and
carry and carry and possibly
may ultimately, as in thousands
of cases, be obliged to take the
farm, for which he has no use,
and( under boll1 weevil conditions
is difhicult to handle profitably
upon a tenant system.
Under a cash systemi there
Iwill be a great reductioni in the
sales of some staple foods such
as ba con, plota toes, beanus, lard1,
vegetables, canned goods, hay,
corni. etc., all articles that carry
low profits. Th~le farmer is rare
ly a hoardler of money and'if lhe
saves two hunldre'd dollars or
more by produicini. all his foodl
suple at home lhe has that
much more to spend( when his
crop was made, and( it is cash.
UTnder. a cash system the
farmer will buy with-his surplus
more (dry goods, clothing, shoes,
furniture, etc. for his family,
lbetter teams, farm implements,
wagons, buggies, etc., on which
there is a much greater profit
for the merchant than on stapleI
articles of food. The merchant
can turn his money in thirty
days, instead of a year. Ten
per cent clear profit turned
m')nthly is better than 120 per
cent gain annually. Some of
tI e farmers increased income
g es into permanent improve
nent to enable the farmer to
pi duce more and spend more
ait nually.
'Again, there -is somethig
about raising cottn, toac
co, etp. to pav a debt, that
saps the vitality of the farmer
affects the qnality of his tillage.
It really lowers the grade of
farming. If upon the other
hand the merchants will join
with us in urging farmers. to
raise all their food supplies and
try to produce by better tillage
double the crop per acre they
now produce, the result as it af
fects the merchant will be this :
All busirss will soon be on a
cash b)asis and the volumn will
be three or four times as large
from the farmers alone. The
advent of more money will bring
diversified industries among the
farmers and eventually will at
tract manufactures to the mar
ket towns.
If there are idle farn)ms in the
county, instead of calling meet
ings for the purpose of raising
funds to secure immigration,
call meetings to encurage the
farmers who know the country
and are loyal to it, to uiiversally
alo)t the following plan. First.
provide their own1 food supplies
from the farm. Seconl(. double
the average product on every
acre under cultivation and let
'ach worker on the farm by the
use of better teams and tools,
till three times as many acres.
-I' al t, 1.
(esclt, not inl Ihe one crop
but in a variety of diversified
a,ndl prfitable crops. This would
:-ause an inme(liate deland for
miore land and would provide
the money to pay for it. This
makes every man on the farm
more than six times the indus
Lrial power he now is and gives
him a love of the farm. This
is better than to leave him in
discouragement. and secure im
migrants to come and buy him
out.
I should not speak so p6sitive
ly, only I have observed for a
quarter of a century that where
the Southern merchants have
changed from an "advance sys
tem" to a cash system, they
have prospered very much more
than in former years and the
number of failures is immensely
less. Of course, it. is not ment
that there should be no credits,
but practically there should be
little necessity for them until
the crop*' actually ready for the
harvest, ~then trade becomes a
cash transaction. Or better still,
the farmer can get his money
from the b)ank and pay cash in
all cages, if there is a lack of
ready niev.
The advance system bears
down upon the cotton farmer
with pecial hardship. H is crop
is either' sold at once or' is forced
to the gin and the warehouse so
as to secure loan, If the cotton
farmer is not forced to sell to
raise maoney or pay debts he will
store his crop on his farm and
market at his loisuire, which is
in the interest of all Parties.
It appears to mle, therefore,
that the farmer will immeca
sutrably gain when he produces
what he has hitherto baught in
the way of living, lHe is not
compelled to sell his crop im
mediately upon the harvest.
When he does sell he trades for
(cash. The greater amount of
money he has is very helpful to
the family but the stimulus to
his self respect is perhaps the
most important item to b)e con
sidered. The merchants pros
pers by the greater volume of
business lnd by the quick re
turn of his money. It seems t6
me that these points should be
urged upon all the people.
'S. A. KNAPP,
Spec. Agt. in Charge Farmers'
Cooperative Demonstration
Work.
Thank You,
We desire to thank our many customers
ior their liberal patronage during th" year i 908.
\We start the new year by hoping to merit a con
tiquance of your patronage.
We always try to cater to your wants,
and it is a pleasure to us to serve you.
Thanking you again for what you have
done to make our business a success, and hoping
'to see you, as well as many new patrons during
1909, we are yours to serve,
PICKENS DRUG CO, 7
More; Bargains
Don't Fail to get some of
Scrap Bundles at
before they are gone. We have some very
good bargains in differe
Goods
Ask to See the Ba%,
CRAIGI
One-Price Cash Store.
WE HATE 1,0
Wine of Srdui
Calendars for 1909 for
free distriltion.
Come in and get oneh.\
BOLT & CO.,
UP-TO-DATE DRUGGISTS,
Pickens, S. C.
STATEMENT OF THE CONDITION OF
THE LIBERTY BANK,
Loc'ated at Lilberty, S. C., at the Close of business Nov. 27th, 190*
Loanas and D)iscounts... . .... .. 98l6 X84 Capital Stock P'aidi in........ ...... ..y ,0 0
D emand Loans ......................., ,137 50 Surplus lund -non............
Overdrafts ........ ..... ............6919 75 nliedPotslss urnt xj,
Itonds and Stocks owned byv Hank- --none.ssadTxsiad.........,oos
Ilanking Iliouse...... ... ..... i53 83 )et ak ~Trs o pne-oe
Furntiture and Fix tures..............,666t -10jiiieds npi- o. .....
Other Real Estate--none ...iid ...poit Sbe..t..... 3,22i
Dune from lianks and Trust Companies 16,991 35 SvnsIeoisnn......
Currencey.......... .... .... ... ...... ,250 00 lO adCriiae )pst..oe
Gold.......... ................. .....250 00 Tm etfctso eoi.....i,1i :
Silver find other Coin . ......... .. .....442 36 CriidCek-oe......
Cheks nd ashItes.............5 0 Cses CheTaeks.Pa.... ................5,710 sk
Divte ndls pai-t.d-one.. ......
DilPbe,ma nd dn Cert Iflo ates f osrnoe
Cerrwed.knn.............., .
Totksand.. ash.. te.n...... ... .... ....147 5 06 oal.e's ..eck....--. .............. 740 6
STATE 014 SOUT CAOLINA,
says the above an d foregoing saent is a i'e conditioni of said Bank, as show by th ebo
oSworn' to anid subscribed before me this 5th day of Dec., 1906.H.C8 RLE
Cerret--Atest:II. L. CLAYTON, Notary Public
~':~ ROAN, Ihrectors.

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