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The Manning times. (Manning, Clarendon County, S.C.) 1884-current, April 07, 1915, Image 2

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ditj 1[_-, /r. 14Alitor
{ANNING, S. C.. APRIL 7, 1915.
There-is an old saying: "It is
a never ending job to satisfy a
lawyer as well a's an endless
task to dispute with a woman."
Of ooirse. Lawyer Davis will be
permitted to use these columns
to "amend his complaint." It is
the rule of The Times to take
cognizance of those worthy of
notice, that they may have free
use of its space, even tho' it is
only to regale themselves.
Without undertaking to say
"you're another" in detail to
every utterance our correspon
dent makes, we shall confine
oursef to his main points. Re
gardless of his opinion of what
is law, we insist -that all law
upon the statute books is LAW
until a proper tribunal decrees
-to the contrary; the amendment
to the legal advertisement stat
ute is LAW, so far as "at least
three banks of this county" is
concerned taking a different
view, has nothing to do with the
proposition, but we might call
attention, the "three banks" he
refers to, have as their execu
tive heads two persons, former
aw partners who are notorious
lyknown to be unfriendly to
.The Times. and it is presuwed
thatfinancial interest-and poli
tieshas more or less to do with
their unfriendliness.
Lawyer-Davis says "In my
formerletter I set out my rea
sons" for the unconstitutionality
of'the Act, his opinion however,
does not make ii so. if it did
there would be no need for a
.snpreme court, therefore we
take the liberty of saying. witb
equal confidence, that we also
setmt our reasons for believina
the law to be CONSTiTuTiONAL
1k the constitution, Section 34
edea what Acts are prohib
ied, and in this inhibition the
Actreferred to is not prohibited
b(w da'the contrary, the constitu
inietion 34 subdivision X
~eAs"The General Assembly
~ Snal'orthwith enact general
~ ~awsconrning said subjects
for sead purposes, which shall
b 9eautiform in their operations:
~'Provided, That nothing contain
ed in this section shall prohibit
hbeGeneral Assembly, from en
~ating special provisions in gen
~ralaws."- The Act in contro
-esy isa Special Provision IN A
There was at one time a sub
Sdivision to the same section
kinown as suBdivision IX which
'r eadsas follows, . "In all' cases,
.ihre~ a general law .can be
ade applicable, no special law
shall be enacted," but the law
making power regarded this
cprvision unwise and injurious
u' 'ndit' was repealed. The same
.ca.on gas taken with regard to
sabdivision It relating to incor
inration of cities' and towns
changing and amending charters
etc. Therefore we say the
amendment to the GENERAL LAW
relating to legal advertisements
is good la'w, and ntil an author
itatie tribunal says to the re
verse, we- shall always believe
that we are right, notwithstand
-inythe fact that we are not pos
ese of a license to practice
It is boastful and fol-'de-rol to
'wggest thatwe carry' this con
troversy to the courts for a de
cision. The State in its wisdom
has assumed a con trolling super
vision overchartered banks, en
e ated laws for their guidance
anid - for the protection of the
public, it has also provided offi
cers to see after the enforce
ment. of the law, and whether it
* s our "way of fighting'! or not,
if it was our duty to enforce the
law, we should not have any
besitemiy in doing so without
waiting for a bombastic chal
lenge from anybody,
The matter under controversy,
in the first place, is insignificant
-:-the game is not worth the
candle, but in the second place,
it is no more a-part of our busi
ness to enforce this statutory
requirement than it is for Law
yer Davis to prosecute Bankers
who may charged with violating
the law against usury; the State
has officers charged with the ex
ecution of this law, and there
fore, it is up to them, hence,
what he says about "hiding be
hind the- Bank Examiner" is
sheer twaddle, and as irrelevant
Sas a number of other -references
iie makes.'
Nothwithstanding L a w y e r
Davis' statement about his
stockholders and directors, we
* isist they are not all in accord
with his nosition, there are more
than one,there are several. and,
did we feel at liberty to repeat
what some -" them have said to
us on this question,he would re
alize perhaps that his attitude is
not endorsed by a number who
are interested
The amend muent to the general
law was not included in the orig
inal Bill, but it was inserted af
ter Captain Davis president of
The Peoples Bank. had with
drawn the patronage of that bank
from The Times-a bank in
which a number of friends of
The Times have their money in.
vested in, and who are patrons
of both his bank and The Times.
These construe his action to
mean that h% withdrew his pat
ronage b cause he was tinan
cially interested "in making ser
ious inroads into your (our)
newspaper business,'. and be
cause of his action he forces
these loyal supporters and weil
wishers of The Times to aid in
his design-they feel and be
lieve a bank is a business insti
tution and not a political or a
personal cudgel to gratify per
sersonal likes or dislikes, that it
should devote its energies to
making friends of the public
rather than humoring the whim
of iLs executive head.
The allusion to what was said
in the Governcr's ofice at the
time when certain interested
parties appeared before the
Chief Executive to urge him not
to sign the Act, is made as if
Lawyer Davis had found some
thing in the nature of after dis
covered evidence-a wonderful
Is there a man in Clarendon
who does not know or who has
not heard of the unfriendliness
of certain individuals, and their
interest in "making serious in
roads into your (our) profits in
the newspaper .business?" Af
ter the treatment we had- receiv
ed from those who were' fightg
us candor prompted us to say
that we retaliated, but this was
not necessary, the Governor is
well informed of the conditions
existing in Manning as well is
he aware of the intimacy exist
ing between those who are fight
ing us in every conceivaole way
-the aasses are also aware' of
it, and why.
It is with a degree of pleasure
to state that all of tbe banks are
not unfriendly to The Times.
The Home Bank and Trust Co.,
The Bank of Manning, The Bank
of Pinewood, and The Bank of
Turbeville have not manifested
an unfriendly spirit, -aitho' we
are informed an effort was made
to get at least one of these
named to do so, but it declined;
all -but one of the banks
hereid named have .a -contract
with The Times whi~ch makes
their quarterly statements cost
them practically nothing, the
other banks could have secured
the same privilege if their man
agement had exerted the same
good busmness sagacity; these
contracts are not ne w, they have
been going on from year to year,
ven when this newspaper was
in the field alone, and since. The
law allows one dollar an inch for
i single insertion is true, but
that does not prohibit the mak
ESS, and as the presidents of
the banks named, are conduct
ing their institutions for the
benefit of their stockholders on
business principles. in the mat
ter of advertising it gives them
an advantage of saving money,
thereby inareasing dividends.
Our reference to the lynching
ease in which Lawyer Davis was
a prominent actor~, was to illus
trate his respect for law where
he had a fee in prospect, and his
defiance of a law when his finan
lal or his political interest was
involved-in seeking to make
"serious i::oads into your (our)
newspaper business." But since
he has seen fit to mention
this case in this connection, we
confess our surprise at his secur
ing a verdict, not that we ex
pected a jury would stultify its
self, no indeed, but from the evi
dence we hoped they would be
able to find sufficient to justity
them in refusing to award a ver
dict. The law relating to lynch
ing was incorporated in the con
stitution to satisfy the hypocriti
al clamor of the North against
the lynebings in the South, but
we have no idea that it was ever
contemplated at the time, a law
yer could be found in this State
who would ever take such a case
against his own people-there
was one other case in this State
but so far no verdict has been
secured. There are other laws
upon the statute books which by
common consent and for patri
otic reasons are not revived.
Take for exampie .the suffrage
laws, we do not think that when
these laws were incorporated into
our statute it was rontemnlaterl
a lawyer could be found, let
last for money be what 'it
that could be induced to ta
case into our courts to dis
our methodof handling the r
of suffrage, notwithstanding
lconstitution of the United St
guarantees the right of suffi
to every citizen of the age o:
years unless disqualified
crime, and just so with the
vision relating to lynching
permits the innocent taxpa
of a county to be mulct in i
ages for the acts of p-rhap
irresponsible few. or perh
for the acts of individuals f
some other county.
We do not censure the jur
this case for their action, 1
were led to their conclusion
the strong appeal of Lav
Davis *or civic righteousu
and to uphold the law as i
writen, but should the supr
court grant a new trial, we I
a jury will glean enough I
the evidence to justify then
saving the taxpayers of Cla
don from this unjust burden.
When the pa'pers in this
were served The Times did
lish as news extraordinary,
complaidt as tiled, to.let the
pleknow there was an atte
being made to extort from t
$2000 in damages for an all(
act that they were iinocent
and it is true ihat ,ye predi
at the time. no jury would a
this injustice, relying of cou
upou the evidence disclosin
justification in the law to
them; that their is such evid
is believed by the attorneys
the county, because, they I
appealed the case to the supr
court, and it will depend x
that tribunal whether or
Lawyer Davis -and his cli
will ever feel the texture of
endon County's taxpa
So far as the motive proi
ing us in securing legisla
action in the matter of legal
vertising, we can also ask 1
yer Davis to "OWN UP"
taking a case to mulct his
ple out of $2000 damages for
alleged- lynching of a n
whether "a cowardly wur
or not, if he was not prom
by the prospect of an enti
fee? We hardly think he w
under take to impress this .pe
that he was prompted by
selfish motives, but that his
was with the sole viety of
ing money for himself, ra
than any interest~he had in
"dead man's family." Let
be candid, all of us are more
less selfish, and when our
miesstrike us it is natural
we should forget the injunc
to turn the other cheek.
"Slf-love, my Lord, is not so
vile a sin
As self-neglec.tin."
Therefore, did we not de
ourself from those who atte
to "make serious inroads
your (our) profits in the n<
paier business" for theiri
vidual profit, against the wil
of some they are professing
serve, we would be guilty of
vile sin of sel f neglecting
Shakespeare alludes to in
play of Henry V. more es
ialv, when we have to con1
with avarice as well as splee
Commissioner McLanrln Makes an Int
ing Statement, Opens The Way For
I desire to wake a public
nouncement that on a re
visit to New York, in comp
with Senator J. A. Banks,
made arrangements so that
tou in state warehouses car
tnaced at a rate of interest
straight loans not exceeding
per cent, and on bank acc
ances, at the present mc
rate, including broker's comn
sion, not over four -per cent.
only difficulty is on this end
the line, in providing the
ssary machinery. The
practical way is to handle
matter through the local be
for the reason that the larg<
scitutions in Ne w York cai
weil deal with individual
rowers desiring small amo1
of money.
In an article published in
Columbia State of Decembe
and copied into most of
county papers. I said that"
new currency law, properly
derstood and wisely adminis
ed, is the greatest 'boon in
nance ever conf[erred upon n
It is the first effort to im]
elasticity to our currency:
tem, and is a distinct recogni
of the fact that credit, not g
is the real money that is ca
ing on the commerce and mn
taing the civilization of
In ant address made by
Herbert E. Eldridge of
National City bank, to the
his on January 21st, he said: "Cred
will, it, the backbone of trade, is
ke a built upon the solid foundation
turb of character and ability. With
ight out such component- parts the
the structure is insecure and lacks
,ates permanency. No matter what
rage amount of capital one may have
f 21 employed in his business, credit
for remains his most valuable asset."
pro- For many years our cotton
that lanters have created vast na
yers tional credits which others have
lan- used to their own benefit, mak
s an ing us pay a heavy interest for
aps, the use of our own credits.
rom In speaking of the re-discounts
under the new currency law,
y in and, more recently, acceptances
Ihey ounder the New York state bank
s by law, Mr. Eldridge said, in the
vyer same address: - "Taking the
ess, south as an example and re
t is calling the evident desire of con
'eme gress and the country at large
ope to assist in its problem of caring
rom for the large cotton crop of this
a in season aid the slow movement
ren consequent to the lessened de
mand occasioned by the war, it
case can be seen what degrees of
pub- usefulness the acceptance privi
the lege would have permitted. It
pe)- cannot be expected that a north-.
wpt ern investing bank should be
hem familiar with the quality of the
%ed usual warehouse receipt issued
of, in the various centers of the
cted south. But if such advances
hlow could be uade against bills
trse, drawn by the owner of the cot
g a ton on a bLnk of high standing,
ave the situation would assume a far
ence different aspect. The accepting
for bank would protect itself by the
lave deposit with it of familiar ware
-eme house receipts representing cot
pon ton in sufficient amount to am
not ply protect it."
ents The state warehouse law was
Clar designed to meet just this con
yers dition of affairs, and now is the
proper time to establish in the
npt- money centrAe their value as~ a
,tive collateral. I have kept in touch
ad. with the Federal reserve board,
,aw- and am greatly indebted to the
in kindness and intelligent aid ren
peo. dered personally by Mr. V. P.
the G. Harding, who coming from
agro the soqth, thoroughly under
der" stands finance as it relates to
pted cAtton. He gave me a personal
cing letter in which he said, "The
uld state warehouse law is, in my
ople opinion, in advance of anything
un- that has been attempted in other
act southern states, and appears to
nak- be a model of its kind."
thier New York financiers desire to
the maintain that city as a financial
us centre, and to do so -must offer
or money at a rate iunder the dis
ene. count established at the various
that reserve banks~. - Tbis gives the
tion Federal board considerable pow
er over interest raLtes, by lower
ing or raising the Federal dis
count rate. The intention -of
.the state bank law is to develop
fend an acceptance and, discount
*mpt market in New York such as
into hias enabled London. to make
aWs- herself the clearing house of the
ndi- world.. The National City bank
shes is showing great wisdom in es
to ta lishing br-anc-h banks under
the the Federal law in South Amer
that ica and elsewhere, so as to de
his velop our export trade.
pec- Under tbe old national bank
end ing system we had a rigid money
n. market, pr-oducing such bankers'
panics as in 190'7, because just
as credits need expansion to
avert panic, there was a con
erst- traction of credits. increasing
hMP panic conditions. These ac
ceptances will make for elastici
an- ty by extending credit when
cent needed and automatically retir
any ing credit when not required by
we actual business nee'ds.
cot- The new currency law, under
eits power- to fix the re~dis.count
on rates, will eventually standard
tive ize interest charges throughout
ept the country~and, to suaae extent,
ney eliminate competition as to in
mis- terest rates. It is to meet this
The condition' that a system of ac
tof ceptances is beeing established.
nec- One or two large tinancial con
ost cerns in New York .seem to be
the preparing to make a specialty of
mks the purchase and sale of accept
-ances. This has never been
2tdone toany extent in this coun
bor- try, but in the money centers of
LJ"flt Europe it is used v.er-y largely in
tcommercial transactions. The
rhe accepting bank is paid a small
e commission, which can be -well
the afforded because of the low rate
The of interest at which a draft i-s
un- sold. It is to be remembered, in
tr this connection, that the state
Sbanks aggregate in capital and
ian. surplus sixty two per cent of the
part entire banking capital of the
sys- country, and that the proportion
to is greater in New York than in
old,' an~y other state.
rry- I am constantly struck with
ain- how little knowledge the public
the in South Carolina have of the
-enormous change that has been
the brought about by legislation
tewithin the past year-. I confess
few that I did not know anything
banking laws of New York until
Imade this trip. and I am saying
as much as I do now about ac
ceptances uecause I feel that we
all need a better understanding
of the banking system. The
prosperity of this State depends
largely upon an intelligent use
of credits arising froin cotton.
We reed to learn that the cor
rCet idea of a bank is not so much
as a -mere place to borrow money,
but that its highest function is
to conserve the credits c' the
country and use them to the oest
advantage of the entire public.
The time is at hand when we
must better understand what is
meant by reserves. discounts and
All that I have endeavored to
do with the warehouse system
is to transform our cotton into a
basis of credit. I believe that I
have made a beginning in finan
cial circles, in establishing the
character of state warehouse re
ceipts- The stato receipt is the
best security that can be offered
on cotton. I said iu December
that it was "-up to" the banks.
I say so again. There is no ex
case for charging a man with
cotton eight per cent interest in
South Carolina when money can
be had in New York on -.cc opt
ances Pt four per cent.
I nave the following letter
from a responsible note broker
in New York:
"My dear Senator McLaurin:
-Referring to our conversation
in re arrangements for accept
ances against cotton stored un
der the warehouse- system of the
state of South Carolina, I beg to
suggest the following plan for
overcoming the difficulties which
are presented in the tact that
the money that you propose to
borrow would be borrowed for
account- of a number these obli
gors, owners of the cotton hypo
"I suggest that in order to get
over this difficulty, you arrabge
with some responsible bank or
financial institution in South
Carolina to loan against the
warehouse receipts issued by the
State Warehouse System and to
t:tke in connection with said
loans an agreement giving them
the right of rehypothecation or
"If they are not familiar with
the terms of this &greeinent, I
shall be glaid to draw it up for
'-Whenever they desire to re
imburse theinselves for the ad
vances so made, they can send
the- warehouse receipts to me in
New York -together with the
draft at say uinety days sight on
some institution here who is wil
hng to accept the same uder
the provisions of our state law
as set forth in the pamphlet
whichl have just handed you.
-The usage of the market is
against making such contracts
as these for a longer period than
ninety days, but it is frequently
arranged thatfl the acceptors
shall renew them upon maturity
continuously, making the loani
in fact a continuous one.
"For such acceptances, the in
stitutions who are willing to
make them, generally charge a
cinmissioni at the rate of one
per cent per annium, or at the
rate of one fourth -per cent for
each' ninety day acceptance.
Drafts so accepted by any one of
the institutions I have in miud
can now be sold in the market
here at about 2 12 per cent per
annum, which added to the ac
ceptance commission of one per
cent per annum and my broker
age of one eight per cent for
each ninety days, equal to one
half of one per ce[nt per annum,
would wake the total cost -Of the
money bOoborrox.ed four per cent
per annum.
"If your local bank loaned the
money at six per cent per an
num. they could make a profit-of
two per cent for their services~
and the negligible risk assu med.
"It could doubtless be furth
er arranged that the New York
institution -will allow them to
bold the warehouse receipts in
trust so that when any borrow
er desired -to paLy off a small
loan against a particular lot of
cotton, it would not be necessary
to send to New York for the re-1
lease of the warehouse receipts.
'Of course you understand
that on loans of this sort, the
acceptance institutions of New
York require a margain of at
least 20 per cent upon the ascer
tained value of the catton at the
place at which it is stored as ev
idenced by your warehouse re
ceipts, and it is probable that 1
some general agreement would
have to be arrived at for the ad
justment of any margin calls t
that might be made in the event
of a decline in the price of cot- r
"My commission would in
alude arranging the acceptance 1
and selling it and attending to
all necessary details."
The legislature granted me
power to negotiate loans and
make sales of cotton, but ap
propriated no money except for
current expenses. It is a man
ifest impossibility for me. with
out providing new machinery, to
handle these individual loans,
and I hope to make arrange
ments with several local banks
to transact this business on a
margin of two per cent profit
thdt is, if they can get the mon
ey at 4 per cent, they lend it to
the farmer at six per cent. I can
myself place straight loans at
five per cent in New York, but
it would not be possible for me
to handle them in small amounts
In the matter of sales of cotton.
I am in touch with a gentle'man
from Europe who is familiar
with the cotton business, and I
am satisfied that arrangements
can be made to sell cotton direct
to the milfs.
I believe that the state ware
house system is a s.ientific so
lution of the cotton problem. It
is in its infancy, but can be de
veloped to handle the cotton in
each of the southern States on
the same plan tbat we are pur
suing here. enabling us to mark.
et our crop gradually.
All legitimate interests in cot
toa desire-to stabilize its value.
Hedge selling by mills to pro
tect purchases of catton is now
a necessity. because of- wide flue
tuation in the price of raw cot
ton. This expense is now borne
bys the cotton planter. A strik.
iig example was had a few days
ago, when a report was circu
lated in the exchanges -that See
retary Houston .had said there
wopid be no reduction of ac
reage. Prices broke sharply,
which enabled, short sellers to
get out of the market, and who
probably circulated the story for
that purpose. The next day, on
a denial by Mr. Houston, the
market rebounded to a higher
point than ever. It is to be
hoped that the secretary of ag
riculture will find out the author
of this "conspiracy in restraint
of trade" and .prdseduite them to
the limit of the law. -
Thefarmers need organization
so as to make their power felt.
At present there is no idequate
means to secure unity of action
among -the several States. The
Farmers Union is strong in Tex
as and .North Carolina. We
should revive it in the other
States so as to enable us to act
togethex' in securing ~proper leg
islation, not only in handling
and marketing the crop, but in
restricting production. The
present rise in the price of- cot
ton is deceptive and -if it leads
to generally increased use of
fertilizer and enlarged acreage
the result will be disastrous.
Those interested in cheap cot
ton can act as .a.unit. We are a
disorganized mass, each for him
self. with no concert of action.
The warehouse bill is a fine ex
ample of what can be accomplish
ed by concentrated effort.
Fellow Farmers, let us organ
ize and act together. We create
the credits, we have the num
bers, why not .use our power?
John L. McLaurin,
State Warehouse Commissioner.
Wfliamsbrg's Senator on the State Ware
house System.
To the Editor of Thle News
and Courier: The extra session
of the General Assembly passed
the law known as the State
Warehouse Act. There a r e
many men in South Carolina
who look upon that extra ses
sion as a huge joke. There are
many men also in South Caro
hma who do precious little think
ing of their own accord,and who
are usually led into action
through some device, plan or
cunning of others practiced in
the art of serving indirectly.
Honest minds are often inno
cently led away from paths of
truth ar.d loyalty and purpose
by reason of ingenious argument
which unconsciously influences
.nd acts as an intellectual opi
te. My short experience in
public life has convinced me
that a people is without repre
sentation that sends to the Gen
aral Assembly a legislator who
das not the power of discern
ent, who cannot analyze the
>rator's rhetoric and separate
~herefrom outside influences-if
~here be any--or who indiffer
ntly neglects to study condi
ions and to deduct therefrom
sause, effect and a remedy. or
vho permits political whims to!
>ias and prejudice and stultify
shat ought to be his honest
The only remaining souvenir
f the extra session is the State
Warehouse Act, but this relic in
ime will immortalize the history
>f that extra session. There
re many men in South Carlina
rho will laugh at this sugges
iou, but there are a few who
vill believe it. Those who do
iot are tho men who for one
ause or another have wilfully
ielected or purposely refused
o study the merits of the sys
em nd have absolutely no in
sight into its great possibilities.
This law is a "love child" oi
fate-a result of opportunity
and circumstance. None other
than the extra session could
have produced it, and nothing
save "moral obligation" has
preservfd its young life ever
thus far.
The author of the law, or it
father, has spent restless nights,
has dreamed dreams. seen vis
ions, experienced remorse, de.
fied critics-all this for the sakE
of the success which to his mini
is assured, and for the sake o:
the friends of the law who r4
gard it as the greatest friend o:
the people of South CarolinE
and of all the south.
Columbus believed in a shortei
route and had faith to tinrd it
but prejudiced and jealous poli
ticians and men of influence,
scheming for other purposes, de
ferred the great achievement.
The next General Assembl
(judging from the inclination o
the past) may strip the Ware
house Act of its present author
ity or may circumscribe it witi
less limited power, or may re
peal it outright. But birth to thi
great idea has been given and t<
it life again would be borne.- I
South Carolina should 'fail t4
support this system some othe
soverign State would reap wher
we have sown, would achiev
attainment unparalleled in tim(
or history or finance.
This law is far more practica
throughout the South and wouh
be of far greater benefit an<
profit to our people than an;
possible system of rural .credi
that migttt be. devised by man
kind under existing circum
stances and conditions. The grea
Federal Reserve Act, adnitte<
-in banking circles to be the great
est piece of legislation since. Jeff
erson's time, embodies the un
derlying principles upon whici
the Warehouse Act is built,. an<
as one comprehends it, its pos
sibilities unfold in endless an
immeasirable values. It is th
one thing which -the State ha
done for its agricultural peopl
and which is the beginning of
great marketing system whic]
will insure stable, uniform an
profitable prices for the king o
commercial . products which i
the balance 'of- Enropean gol
that enters the American financE
the one thing which will produc,
conditions enabling the South t
fix the price for her clioices
product, and not England, a
now: the one thing which wil
enable Southern banks to secur,
foreign credits as-easily as the:
now secure Northern credits
which will cut out the presen
four or five profits raked off o
cotton between the. gin hous,
and the export point; .the on,
thing which will establish fo
the Southern States, in time, it
great reserve system' as stron;
and as independent and as de
fiant as Gibralter; which woul<
do away with the nndesirabli
necessity of rural credits, base<
upon the questionable value o
land, mortgages, and. whic]
would produce other innumer
able advantages
The details of the great sys
tern, now in its intancy, shoub
be agitated in every section o:
the State that the people ma2
learn of the benefits which ar<
to be derived therefrom.
Tphe things which heretofor<
have hindered the developamen
and the progress of this new bu
greatest departure of our State'
government should be hushed
and Senator McLaurin shoul<
be invited to every county sea
in the State to discuss and ex
plain to farmers and busines:
men the great things of import
ance to them embodied in th<
provisions of his commission
The people. when they under
stand, will subscribe their undi
vided support to the Warehoust
E. C. EPs,
Kingstree, S. C., March 27 1915
- B. Y. P. U. Program
4:30 P. .M.-President ia chargre, Mr:
R. C. Baggett.
Song-No. 110.
Business Meeting.
Leader in charge, Miss Alma Barrir.
Song-No. 398.
Psalm 103-Recited by Miss Annie Ma'
The Importance of Praise-Short Tall
by Miss Alma Barrinneau.
Psalm 148-Recited by Mr. Ben Hus
Psalm 150-Recited by Miss Clare Bae
The Place of Music and \Jusical Instru.
ments in Praising God-Mr. - F. B
Song-No. 213.
Why Praise God-by Mr. W. E. Cul
Psalm 146-Riecited by Miss Mar3
Psalm f47-Recited by Miss Leonora
For What de' Is-Three minutes talk
by Mr. Alderman Ridgili.
Song-No. 86.
P'salm 117-Recitee by Mr. Clarence
Temporal Gif ts -by M iss Clara Baggett
J1esus as a Pers',nal Saviour-by Miss
Sidna Harris.
Son t-No! 205.
Beut diction by the Pastor.
Methodist Church.
Siunday School 10:30 a. m. Mr. Jos.
Sprtf~ superintendent.
Public worsh ip, 11:30 a. m. and 8:00
p. m. conducted by the pastor.
EI pwor'th L=-.ague, 4:30 p. m.
Woman's Missionary- Society Friday
:30 p. m.
TRINITFY:-Sunday school every
Suoday at 3:00 p. m. Mr. A. M. White
suprntendent. Public worship on
he 2nd and 4th Sundays at 4:00 p. m.
:ond ucted by ,the pastor.
The public is cordially invited to all
For Infants and Children
In Use For Over 30 Years
Alwaysbas ~ u
of the ownership, management, etc., of
The Manning Times, published weekly
at Manning, S. C., required by the Act
of August 24, 1912
Editor, Louis Appeit. Manning, S. C.
Managiog Editor, Louis' Appelt,
Manning, S. C.
Business Manager, Louis Appelt,
Manr.ing, S. C.
Publisher, Louis Appelt, Manning,
S. C.
Owner, LoulsAppelt.
Known bondholders, mortgagees, and
other security $holders, holding I per
cent or more of total amount of bonds,.'
mortgages, or otber securities: None.
Sworn to and subieribed before me
this 5th day of April. 1915.
Notary Public.for S C.
My commission expires at pleasure
of the condition of the
Located at Pine wood, S. C., at -the
close of business
MARCH 4th, 1915.
roons and discounts......$ 42,327 74
'Overdafts ........... 338.63
Bonds and stocks -owned
by the bank...... ... .............
Furniture and fixtures.... 1,179-37
Banking House.......... 1.443 20
Other Real Estate............. .
Due from banks and bank
ers.. .................... 678 66.
Currency............. 1,525 00
uold.............,....... 55 00
Silver and other Minor
SCoin ...... ........ ..... 497 78
Checks and Cash Items.. . 97 75
Exchanges for the Clear
r ing House...................
Other Resources, viz:..............
Total....................$48,140 13
Capital Stock Paid-in....$ 10,000 00 -
Surplus Fund...... .......368 47
Undivided Profits, less Cur
rent Expenses and Taxes
Paid-....-... ....... 1,244 0.)
Due to Banks andBankers.....-S58 7
Dividends Unpaid...-...... 8 00
IndividuaL -Deposits sub
ject to'Check.......... 24,563 55
3 Savings Deposits.......... 5,350 52
Demand Certificates of De
posit...- -......... .......
3 Time Certifieates ofdeposit.
a Certified Cheeks............
C'ashier's Checks..........
Notes aiid Bills Rediscount
ed ..;... ........ o........... .
Bills Payable,' ineluding
f Certificates for Money
p Reserve Fund Carried on
General Individual or
Savings Ledger...........
Other Liabilities, viz:...........
Total.......... $48140 13
3 St&te of South Carolina,
1 County of Clarendon.
Before me came R. A. Ridgill
SCasier of the above named bank.
who, being daly..sworn. says that
the above and foregoing statement
b is a true condition of saidAbank,, as
E shown by the books.of said bank.
R.A. RID3uA -
SSworn to before me this 1st day of
d April, 1915.
t' (L. s.) -R. M. BR&nLSORD,
sNotary Publis.
SCorrect Attest:
Southern Railway Announce Special Trail a
Service and Special Rates Accont
of Shridier's Meeting and Music
Festival Spartanburg,-S.C.
-For accommodatio'n of Shriners and
others returning from-the above occa
sion, Southern Railway will operate a
special train-leaving Spartanbur-g at
S12-:35 midnight Taaursday, April 15th,
arriving Columbia in time for connec
tion with the early trains for Sumter,
Florence, Mannmng and otber Atiantic
C'oast Line points. - Following rond
btrip rates will apply.
SSumter...435 Florence...$5 45
Mannig ... 4 85 Bishopville..- 5 10
Darlngtn..5.55 Bennettsviile 6 25
Marien .... 6 115 Hartsville... 5 65
b Timmnonsville 5 15 Geiorgetown. 6 35
-Tickets on sale Apr-il 11th to V6th.
with final limit April 18th For Pullman
reservation apply to
District Passenger Agent, Columbia,
$100 Reward, $100.
The readers of this paper will be pleased to..
learn that there is at least one dreaded disease
that science has been able to cure in all Its
stages, and that Is Catarrh. Hall'sCatarrh Cure
Is the only positive cure known to the medical
fraternity Ctarrh being a constitutional dis
ease, euie a constitutional treatment. Hall's
Catarrh Cueis taken internally, acting directly
upon the blood and mucous surf aces of the sys
tem, thereby destroying the foundation of the
disense~and giving the patients trength by build
Ing up the constitution and assisting nature In
doing Its work. The proprietors have'so much
faith In Its curative powers, that they offer One
Hundred Dollars for any case that it falls to
cure. Send for list of testimonis..
Address. F. J7. CHENEY & CO., Toledo, O~
Sold by drrggists. 75c.
Hall's Fa-x Lv Pils are the best.
At Rest.
On March 22nd 1915, that messenger
that must and will come to us all at
some time, entered the home of Mr.
and Mrs. Willard Goodman, and bore
upon its wings the spirit of their moth
er, Mrs. M E. Goodman, to her etern
al home where pain and suffering is
felt no more.
The loving morher was spared to her
devoted children 69 years. She had so
entwined her precious self amid the
hearts of her devoted chidren, and
friends, that they feel their loss as on
ly devoted chil lren.land friends can
feel. May the giving away of this
precious soul be as a bright and shin
ing beacon light to lead others into
the portalsof that celestrial city, and
then we shall all understand. His dis
pensation and rejoice in the sunshine
of his love.
Mother thou wert mild and lovely,
Gentle as the sunshine breeze,
Pleasant as the air of the eveniug
As it floats among the trees.
Peaceful be thy silent slumber,
Peaceful in thy grave so low,
Thou no more shalt join our number
Thou no more our songs can know.
Dearest mother, thou hast left us,
And thou loss we deeply feel.
But 'tis God that bast bereft us'
He can all our sorrows heal.
Yet again we hope to meet thee,
When the storms of life have fled,.
Then in heaven with joy we'll greet
Where no farewell tear is she.
A True Friend,
Baptist Church.
Sunday School 10:30 a m. E. L.
Wilkins Superintendent.
Preaching by the pastor at 11:30 a.
mn. and E p. mn.
Chrak Tak to the children ine
diatel. preceding the morr~ng sermon.
B Y.PU JumorB Y PJ and Sun
beam society meet at 4 p. mo.

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