Griffin daily news. (Griffin, Ga.) 1924-current, October 15, 1924, Page PAGE TWO, Image 2

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PAG* TWO 9 120 Bast Solomon St. Entered at the postoffice in Griffin, Georgia, as second elass mail matter.,. MEMBER OP THE ASSOCIATED PRESS. The Associated Proaa Is exclusive ly entitled to tbs use for republica- credited fckm of all news dispatcher credited in fa, it or not otherwise paper and also the local news published herein. special Ail rights dispatches or re . publication of herein are also reserved. OFFICIAL PAPER City of Griffin. Spalding U. S. Court, County. Northern District of Georgia. TERMS OF SUBSCRIPTIONS Dally By Carrier $5.00 One year. In advance,------ Six months, in advance,----- 2.50 Three months, in advance, —- . 1.25 fine month, month,------„--------- payable at end of .50 Daily By Mall $4.60 One year, in advance,------ Six months, in advance, ----- 2.00 — Three months, in advance,____ LOO .40 One month, in advance,____ Semi-Weekly Edition One year, in advance,______ $1.00 Six months, in advance,----- .50 .25 Three months, in advance,------ If sent within 80 mile radius of Grif fin. Beyond 30 mile zone, one year, fl.50; six months, .75; three months, A0.----------------- - THE AIR MAIL SERVICE The air mail service is rapidly growing in favor among business men. It saves the New York business man eight hours in communicating with Cleveland, 10 hours and 40 min utes with Chicago, 19 hours and 19 minutes with Omaha, 28 hours with Cheyenne, 40 hours with Salt Lake City and 68 hours with San Fran cisco. Into the Northwest by means of connection at Ogden, 31 hours are saved to Portland, 20 to Tacoma, 19 to Spokane, and 19 to Seattle. Let ters may be mailed at any postoffice. The rates are 8 cents an ounce New York to Chicago; 16 cents to Cheyenne, and 24 cents to Cheyenne west. INSURANCE TAXATION Insurance does not minimize loss; whatever is burned is that much property lost which society had ac cumulated as a comfortable, working capital. Insurance merely distributes the losses so that the luckless shall not be too heavily penalized. Insurance is the pooling of pro tecti ve finances, just as the nation pools its military and social resources for stahle go^ernnumt. H allows the release of much capital from the necessity of personal hoarding. If every man should hoard wealth to the point of 'adequate "insurance, » active industry would bleed to death through the violent withdrawal of now active funds. The collection of taxes is a legiti mate charge against tax funds them selves; the cost of an adequate state or national supervisory law for in surance funds would also be a fair charge against insurance. Jut beyond thpt, $e policy of tax ing insurance is open to the gravest doubt, as much so as taxing the nation’s pooled army or navy, the nation’s pooled lawmakers or courts or post office or schools, for other than the specific purposes for which they were created. FEAR POLITICAL DEADLOCK According to an editorial in the New York Times, a proposition has been made by one of the major po litical parties to the other, to bunch their voting strength for a given candidate where it is possible "to put him over. *» The question raised is how best to bring about a shift of votes which might insure a majority in the toral college. Democrats contend, because of the solid south thme only method is consolidate on Davis in the ern doubtful states. With Ohio, New York and added to the sure states Davis have 7 more than a majority. Leaders of both old parties tically admit that the LoFollette • lowing will throw the election the house of congress, and thus complish the real purpose of third party movement ■ mm ■ ■ A Laugh Or Two They were raw recruits that the sergeant was trying to knock into shape. Very, very raw, he called them, and something else as well, as you may guess, if you know anything about sergeants. . On this occasion they were being instructed in the use of the rifie. They fired at 100 yards’ range, and missed the target altogether. Then at 80 yards, with the same result. By easy stages the distance was re duced to 30 yards, but still not a shot got home. At last the patience of their in structor was exhausted. ’’Fix bayonets,” he ordered. H Charge! It’s your only hope! ft Walter Frith, the painter, delighted to go behind the scenes of the the ater and chat with the scene-shifters. One of them appeared very intelli gent, and Mr. Frith asked him if he had ever himself been a player. Of course he had; he had played in 'Amlick—he had, indeed, acted the chief part. ii Very interesting,” said Mr. Frith; U please tell me what is your con ception of Hamlet’s relation to Ophelia. Did he, so to Bpeak, love her not wisely but too well? ft a I don’t know, sir, if ’Amlick did, but I did,” was the unblushing an swer. After the evening performance the members of the chorus were talking together in the dressing room. ii I had a long chat with the lead ing lady tonight,” said one of them, in important toned. “Did" you?” replied her friend; , and what did she have to talk about ? »» ii Oh,” went on the first, “she said, ‘If you must keep sniffing during my big song, for goodness sake sniff quietly.’ ” NO CHANCE l* ■rxs. ' \ .Ov' 3 He—No I never have a word with my wife. Neighbor—I’ve noticed that. The words are nil from her. ———■ MIGHT ALTER CASE i r L ! tl" Ml tin i) i He—It I had my life to live over again, I'd marry you just the same. She—And wouldn’t I be consulted in that case? IT DRAWS INTEREST Ot, m © f* jC ■1 tv, "How can she say her face la her fortune?" "Because It draws such a big In tereat, of course." NOT HIS FAULT The boss: Did you wish to see me? Clerk: Yes. You see this is tenth wedding anniversary and like to have a vacation. TheSfooss: Why don’t you talk your wife about that? V . v ♦ GRIFFIN DAILY NEWS HERE TO IURTHER Thomas Urges Publicity for Plan to Pull Factories to Georgia. The Chamber of Commerce has in vited every Chamber of Commerce in the state to meet here October 31 to consider plans for arousing inter est in the constitutional amendment to exempt from taxes new industrial plants in Georgia for five years. C. C. Thomas, secretary of the local Chamber of Commerce, fears the amendment may be defeated through lack of publicity and will propose a two weeks’ whirlwind cam paign in the state to enlighten the voters of the need of tax exemption to attract new industries to the state. Text of Letter. His letter to the various Chambers of Commerce follows: ii Griffin, Ga. ii Dear Sir—As you know, one of the proposed amendments to the con stitution of Georgia to be voted on at the general election on November 4, 1924, is an amendment to article 7, section 2, paragraph 2, to exempt certain manufacturers and industries from taxation for a period not ex ceeding five years. to be sub mitted along with eight others and whether the voters of the state are going to ratify it, especially in view of the small amount of publicity that has been given to it, is doubt ful, especially in the rural counties where the large percentage of voters do not understand why these exemp tions should be made. Helps North Carolina. "North Carolina today is far ahead of Georgia in industrial development, due almost entirely to the fact that North Carolina has enacted favorable law towards industrial capital, chief among which is a law exempting new manufacturers and industrial plants from taxation for a period of seven years. Georgia’s attitude has been in fact antagonistic towards indus trial capital and this is why we are today trailing North Carolina in our industrial development. "It is of the highest importance to Apply Sulphur As Told When Your Skin Breaks Out. Any breaking out of the skin, even fiery, itching eczema, can be quickly overcome by applying a lit tle Mentho-Sulphur, declares a noted skin specialist. Because of its germ destroying properties this sulphur preparation begins at once to soothe irritated skin and heal eruptions such as rash, pimple and ring worm. It seldom fails to remove the tor ment and disfigurement, and you do not have to wait for relief from embarrassment. Improvement quick ly shows. Sufferers from skin trou ble should obtain a small jar of Rowles Mentho-Sulphur from any good druggist and use it like cold cream.—(Advertisement.), STATEMENT OF MERCHANTS & PLANTERS BANK Located at Griffin, Ga., showing condition at the close of business October 10, 1924, as called for by the superintendent of banks. President, J. C. Brooks. Vice-President J. S. Tyus. Cashier, 0. S. Tyus. RESOURCES: Time Loans and Discounts $624,398.87 j Demand Loans .............................. 23,730.661 i United States Securities 34,305.001 25,000.00 Other Stocks and Bonds .......... • . 19,500.00' Banking House ' Furniture and Fixtures ........... \ 3,564.44 Other Real Estate Owned . I 71,150.07 Due from Other Approved Reserve Agents and Cash in Vaults 37,859.25 Due From Other Banks ...........,.......................................................... 30.00 Checks for Clearing House ............................................................... 18,472.61 Other Checks and Cash- Items ............................... 48.90 Overdrafts (if any) ...................................<...........*•............................... 14,805.79 TOTAL $872,865.49 LIABILITIES: Capital Stock Paid in $100,000.00 Surplus .............................. 100 , 000.00 Undivided Profits .............— 41,133.62 Deposits Subject to Check 281,641,.68 Time Certificates of Deposit 279,093.24 Cashier’s Checks ................. 570.07 Bills Payable ........................ 70,000.00 Other Liabilities ............. 626.88 TOTAL * $872,865.49 STATE OF GEORGIA—Spalding county. Before me came O. S. Tyus, cashier of Merchants A Planters Blink, who, being duly sworn, says that the above foregoing statement 5. a true condition of said Bank, ns show® by the books of file in said Bank. O. S. TYUS. Sworn to and subscribed before me this 14th day of October, 1924. JAMES IVEY, Notary Public State 1 * at Large, Griffin, Ga. My Com mission Expires Oct. 3, 1928. Georgia’s future industrial develop ment that this constitutional amend ment be ratified and it is likewise of prime importance that the Chambers of Commerce of Georgia and all other forces looking towards the upbuild ing of the state get busy and help put it over. There seems to be no concentrated or co-operated effort be ing made by anybody urging the peo ple to ratify this amendment. Griffin After New Industries. << I confess it is of.the- highest im portance to the Chamber of Com merce of Griffin inasmuch as we are going after new industries and new capital, but it is of so much importance to the state at large I feel that the Chambers of Com merce throughout the state and other organizations looking to its industrial development should get busy and get to work before election day and see that this amendment is ratified. it To this end I am therefore writ ing every Chamber of Commerce in Georgia asking them if they will Dodbe Brothers TYPE—B SEDAN This car is now dr iven by a great many people who never before owned, and never intended to own a closed car. It is driven daily over roads that heretofore were considered too rough and too heavy for anything except the sturdiest open cars. As a matter of fact, the Type-B Sedan is as sturdy as an open car, and was built by Dodge Brothers for the same identical kind of service. The price is $1250 f. o. b. Detroit—$1405 delivered. T. J. BAILEY Dealer 114 West Solomon St. GRIFFIN, GA. !/: © Wednesday, October 15, 1924. send a representative to meet in con ference in Griffin at 10 o’clock a. m. on October 31 with the end in view of formulating a plan to give two weeks’ publicity in every county in Georgia towards the necessity of put ting this amendment over and hav ing the voters to ratify it. u I am inviting them to meet for the day in Griffin because all of our citizens are vitally interested in the matter and the psychology is favor able to it here, and then Griffin, is near the center of the state and is easily accessible to south Georgia cities. ii Therefore I am writing to ask if will not come to Griffin on Oc °k er 31 an< * eo-operate “With us in this important matter. “Kindly let me have your reply at once. u Very truly yours, ii C. C. THOMAS, it Secretary-Manager. Moist climates have lower death sickness rates than dry ones. STATEMENT OF GRIFFIN BANKING COMPANY Griffin, Ga., showing condition at close of business October 10, 1924, as call ed for by the superintendent of banks. President, J. P. Nichols; Vice Presidents, E. C. Smith and J. P. Nichols, Jr.; Cashier, J. N. Bell. RESOURCES: Time Loans and Discounts ........$704,564.12 Demand Loans .................... ........ 35,720.57 Other Stocks and Bonds 26,575.00 Banking House 10 , 000.00 Furniture and Fixtures 2,700.00 Other Real Estate Owned 26,398.67 Due from other approved Reserve Agents and Cash in Vaults 63,481.40 Advances on Cotton ........................... 23,776.87 Advances on Other Commodities 2,938.69 Checks for Clearing House ........ 11,099.73 Other Checks and Cash Items.......... ......... 7,952.86 Overdrafts (if any) 1,882.74 Total $907,010.55 LIABILITIES Capital Stock Pain In ............... $100,000.00 Surplus ....................................... Profits 50.000. 00 Undivided ...................?.... 92,712.41 Due To Banks ............................ 2,810.36 Deposits Subject To Check . 301,474.57 Demand Certificates of Deposit 140,314.98 Savings Deposits ..................... 79,702.84 Cashier’s Checks ......................... 417.28 Bills Payable ...«............. ........... 120.000. 00 Notes and Bills Rediscounted 20,000.000 Other Liabilities ....................... 78.11 Total ........................................................ $907,010.55 STATE OF GEORGIA—Spalding count. Before me came J. N. Bell, cashier Griffin Banking Company, who, being duly tion of sworn, says that the above books foregoing file statement is a true condi said Bank as shown by the of in said Bank. J. N. BELL. Sworn to and mffiacrlbed before ms this 14th day of October, 1924. U W. EDWARDS, N. P. Spalding Co. DID YOU KNOW THAT— I Few light thinkers have a heavy balance at the bank. t To keep a bob In shape takes lots of pin money, but no pins. i It doesn’t take long for easy money to become uneasy money. The steam locomotive’s right-handi man ts the gasoline truck. The original food of the gods must have ^>een strawberry shortcake. He who fights and runs away may live to write memoirs some day. Not even the automatic pistol shoots unless some human manipulates it. Some alienists* Idea of a sane man Is anyone who can still write a checlL There is a time for everything, In cluding a time not to eat green onions. The man whose garden looks the best may be set down as a poor golfer.