About Americus times-recorder. (Americus, Ga.) 1891-current | View Entire Issue (Nov. 3, 1925)
PAGE SIX RAILROADS STILL EARNINING LESS THAN BEFORE’I7 Statements of Officials Sav That Earning Are Still Below Pre- War Figures A TLANTA, Ga., Nov. 2. —Earn- ing capacity of the railroads is still below what it was before the war, according to a statement made pub lic here today by railway executives. For the seven years ending 1917, the class 1 roads earned at an an nual rate of return of 4.90 on the property investment. In the years 1921 to August 1925, the rate of re turn has averaged only 3.94 per cent on the property investment. The roads, it was stated, have reported a net operating income for August nf the present year, which was great er than for any month since 1920, with the exception of October 1924. There was no valuation made of the roads prior to 1920. The return earned in the years preceding government operation, it was stated here, was so inadequate that the annual investment made in improvements and new facilities de clined from more than one billion dollars in 1911 to less than 250 dol lars in 1916. The inadequacy of the return earned during this period, it was pointed out by Atlanta execu tives, was tacitly conceded by Con gress when in framing the Transpor-; tation Act, it decided it was expe- ‘ dient and necessary to adopt provis- ( ions assuring the railroads that their rates would be so regulated in future as to enable them to earn a fair re turn. In 1916 the net operating income of the railways was the largest in history, it was stated here, and yield ed a return of 5.90 per cent on the , property investment. Thus far this j ear, it was asserted, it has shown a small increase over 1916. Since that year, however, the investment of new capital in the railways luu amount ed to almost six million dollars. In consequence in the first eight months of this year the return earned was at ( the annual rate of only 4.65 per cent . which is not only much less than in ' 1916, but less than the average earn ed in the entire seven and one-half years immediately preceding the ( adoption of government control. , Although the country' is now more prosperous than at any time since before the war, the pre-war earning . capacity of the railways as a whole , has not been restored, Atlanta exe- , cutives assert. AMERICAN UNIVERSITY FOR GREECE AT ATHENS j ATHENS, Greece, Nov. 3.—The j beginning of an American Unhers- ( ity in Athens, a project dear to the Ireek heart, is marked by the open- ( ng of the first unit of such a uni ersity, a preparatory school to be nown as the American School of ithens. The purpose of the school, as specified in its governmental charter, is “to provide western train- ' ing for Greek youths.” Eventually 1 it is hoped that funds will be provid ed for the additional of college 1 .courses, as well as for schools of scientific studies, law, pedagogy and 1 other branches. The Greek govern- 1 rnent has provided land on a gener ous scale, and the school will have ' exceptional treatment in exemptions from taxation and similar gpvern mental favor. The school is under direction ' of a Greek-American committee, of which the American members H. C. Jaquith, director of the Near East Kelief, and Prof. Bert H. Hill, head of the school of Classical Studies here. WPA.C MOW Do not hesitate. The best positions are vacant now, wait w ing for the am- | —| bitious girl to ciaiir. r | them after she has pl fn prepared herself to Fn IJ Prepare here for fTj ■A handle the duties t? ij of the position. ■ Succeu 3 THE AMERICUS 4% ■rs BUSINESS K COLLEGE LJ omance of the Summer White House f 5 : • . V % . -i *' INDIAN RITES CAUSE MURDER Believed That Carmen Wagner, Beautiful Girl, Was Killed in Accordance With Rites EUREKA, Cal., Nov. 3.—Theory | that Carmen Wagner, I girl found murdered near here re-] cently, may hav e been killed in ac cordance with sacrificial rites of an ancient Indian tribe by' a descendant I of the tribe, was advanced by' Dr. E. O. Heinrich. Berkeley criminol ogist, who returned to Eureka aft er visiting the place where the body was found buried. About 300 yards away, Dr. H«yi rich said he had found an ancient altar where the girl may have been sacrificed by the person who first shot and killed Miss Wagner’s com panion, Henry Sweet. “It is possible that descendant of the Indians in the vicinity was a vic tim of a ‘flare-back’ to the old re ligious beliefs of his forefathers and he may have conceived the idea of sacrificing a young woman on the moss-covered altar,” the criminol ogist said. i WALES FORSAKES HIS FAITHFUL UKELELE LONDON, November , 3.—The 1 Prince of Wales has forsaken his old love, the ukelele, for the bandoleon which he brought back with him from South America. This instrument is used in the tango bands which are now the rage in London. It is like an elaborate. concertina, but is possessed of a i sweet, mellow tone. It is a difficult instrument to play, but Wales is taking daily les-' sons from the bandoleonist of a Lon don orchestra. Doubled in Size and Now One of the Largest in the World The only Class A Circus with winter quarters in the South— the only big Circus the home of which has always been in the South. AMERICUS, SAT. <7 NOV. I <TiLI growing in Size, merit and THE PUBLIC'S COYF/PfYff • W Gorgeous free street DAILY AT II A M. RAIN OR SHINE 2 COIW.CTC. PtßfonmuiCES da/l* at z andBP.M. - DOORSOr&OtiHMEMU& Seats On Sale Circus Day At Americus Drug Store Same Price As At Show Grounds The flowers of romance bloomed for Miss Margaret Can- and Jere miah Sfiea on the lawn.; of “White Court,” the summer White House at Swampscott, Mass. While President Coolidge and his advisers talker poli tics, Miss Car, the cook, and Shea, the family chauffeur, talked love. They recently came to Boston to get married. CHATTAHOOCHEE RIVER BOAT SERVICE RESUMED 1 COLUMBUS, Ga., Nov. 3.—Boat I services or! the Chattahoochee river ‘ between Columbus and Apalachicola I is expected to be resumed at once. I Captain E. L. Magruder and crew 'of the steamer John W. Calahan have assumed charge of the vessel, which was tied up for sonfe weeks at Bainbridge, due to the unpre cedented lo wstage of the river which is now said ( to be at about nor mal height. * The steamer made her last sailing from Columbus on July 16, and for some time afterwards was operated on the lower river. During the ear ly part of the week the river rise at the city wharf here was 8 1-2 feet. BROTHERS FEATURED LONDON.—Two twin brother so licitors, G. H. Young and C. H. Young, appeared in a recent case at i Thames Police court, one for the prosecution and other for the defense. [ The two prosecutors were also brothers, as were the three prisoners' i wh|o figured in the case. a | Selective Sets rfb at Selected Prices We've been in the Radio business too long to stake our reputation on inferior Sets. With the assurance of quality and low prices at all times you are getting the values of the town as you’ll note by the items listed below. The Page-5 completely installed in your home, for SIOO. You can see this set at the Chappell Machinery Co., the Radio Shop. We Sell Our Radios on Easy Terms 9 Chappell Machinery Co. .HE AMERICUS TOMATO FARM FOR AMBROSE Coffee County Farm of 1500 Acres Will Be Used As Tomato Farm ATLANTA, Ga., Nov. 3—H. C. Macklin and Company, of New York and H. K. Cramp, of New Jersey, to gether with W. R. Eve and Pat Wall, of Beaufort, S. C., have purchased from the Atlanta Trust Company fifteen hundred acres of land at ; Ambrose, in Coffee County Georgia, on the A. B. and A. Railway, and will plant this season between six] and eight acres of tomatoes for ship-] ment, it was announced in real es—, tate circles here today. This will probably be the largest acreage of tomatoes under one man agement in the state and is a direct result of the success the purchasers had, it was stated, in growing to matoes at Brunswick this year. At Brunswick they had approximately fifty acres from which they sold COUNTY COMMISSIONERS ■ PROCEEDINGS Messrs. N. A. Ray, Chairman, C. C. Hawkins, Vice-Chairman, W. T. Andersons, Secretary, J- E. Poole and B. F. Easterlin, Commissioners of Roads and Revenue, Sumter Co., Ga. Gentlemen: Acting under our engagement with your Board, we made a detailed audit of the books and records of the following County officials: County Treasurer—General County Funds. County Treasurer—Permanent Road Funds. Tax Collector—County, General Tax, General School and Local School Taxes. State, Ad Valorem, Poll and Professional, Inheritance and Special Taxes. Clerk of Superior and City Courts and Sheriff. The record of each department was commenced with the closing date of our previous audit and brought up to October 12, 1925. The.... results of our finding are set out in our detailed re port of even date. For purpose of publication, we are furnish ing you this Condensed Statement which, we trust, will be found sufficiently detailed to give a clear insight into the County s financial condition and operations. COUNTY TREASURER—GENERAL FUND Sept. 13, 1924-October 12, 1925. RECEIPTS General Taxes ,-$1 17,839.26 Commutation Tax 5,727.40 Fines and Forfeitures, C. Court 2,483.5 7 Fines and Forfeitures, Superior Court 1,852.81 Refunds—Court Costs 761.20 Property sold for Taxes —Redeemed 2,037.45 Gas Tax from Stat e... ' 1,502.62 Interest on Permanent R. Fund Balances 3,685.97 Discounts Earned and Miscellaneous Receipts .... 1,550.61 Total Receipts 5147,440.89 Add—Cash in hand, beginning of period 1 3,242.07 Total to Account for $160,682.96 DISBURSEMENTS Roads—Supplies, Material, Labor, etc $ 74,421.76 Bridges—Supplies and Material 1,248.90 | mor- tnan sixty thousand dollars I worth of tomatoes, it was stated. It ' was announced that they will con tinue planting at Brunswick and ex pect to increase their acreage to two hundred acres. DIVORCE MAKES HOME VESTIBULE OF HELL” • NORFOLK, Va., Nov. 3.—“ The divorce courts are making some American homes the vestibules of hell,” the Right Rev. Bishop Wil liam Hafye, of North Carolina, de | dared here in a sermon at the dedi i cation of the new Sacred Heart I Catholic church. The speaker urged | a "never relenting” fight against di -1 vorce arid for the purity of marriage j Bishop Hafye, preached the dedica ition sermon in the absence of Bish- I op O’Connell, of the Virginia diocese ] who is ill. , TAX NOTICE The 1925 Tax Books are now open. Pay your taxes early and avoid extra cost, as fifas will posi tively be issued Dec. Ist, 1925 A. D. GATEWGOD, JR. Clerk and Treasurer. TUESDAY AFTERNOON, NOVEMBER 3, 1925 Court House—Coal, Insurance and Misc. Exp 1,306.81 County Commissioners—Salaries .. 900.00 Ordinary—Lunacy Cases and Expenses 1,038.49 Sheriff and Jail ’ 6.451.41 City Court , 8,916.33 Superior Court 5,458.67 Coroner's Court 84.00 Poor Farm and Paupers . 1,995.50 SUNDRY— County Treasurer’s Salary, 13 months 1,300.00 Premium of Treasurer's Bond 100.00 Farm Demonstrator and Com’r. of Heath 7.699.29 Hospital and Library .' 1,975-00 Vital Statistics 36,250 Tax Collector’s Office— Expenses, Insolvent Lists, etc 506.55 Road Tax Collector’s Commissions 45.90 Tax Receiver’s Commissions 1,580.67 Tax Receiver’s Expenses 35.40 Traffic Auditor’s Salary : 280.00 Salary—Clerk (Bookkeeper) 13 months 1,300.00 Attorney Fees and Retainer ’550.00 Insurance, Workmen’s Compensation 441.37 Damages—Paid Mrs. Parker 250.00 Board of Equalizers—Clerk and Expenses 733.45 Salary—Home Econ. Demonstrator 450.00 Cost of Elections and Advertising 732.40 Sheriff s Deed to Property—sold for Taxes 286.54 Half Cost of Well—Brinkley’s Pond 273.66 Insurance—Alms House and Barn .. 52.25 Court Stenographer—former Treas. Case 47-50 All Other County Expenses 1,462.44, Advances—Tax Receiver on 1925 Commission . .. 750.00 H. D. Watts in re Accident Claim .... 50.00 Amount carried forward $123,686 79 BONDED DEBT- 16 Bonds Retired 16,000 00 Interest on Bonds .... 19,733.28 Expense of Handling 73 48 Total Disbuisement $159,493.55 Cash —Balance 1,189.41 Accounted for .... 160,682.96 PERMANENT ROAD FUND Sept. 13, 1924-Oct. 12, 1925 RECEIPTS Interest—On Cash Balances $ 4,767.08 Turned over to County 3,685.97 Remainder—due County $ 1,081.11 FEDERAL AID— Project No. 348 ... .... $92,461 12 CLAIMS— Refunds and Overcharges collected 2,788.85 Sale of Trailers to State Highway Department 1,700.00 Sundry Receipts 247.84 A , , Total Recei P 9 $98,2 78.92 Add—Cash at beginning of period 52,628.69 Total to account for 4 ten 007 Al DISBURSEMENTS - $'50,907.61 CONSTRUCTION— Total Expenditures, Sept. 16, 1924 to Oct. 12, 1925, for Material, Labor, Freight, Supplies, Re pairs, and other Construction EQUIPMENT— $7 ‘ , ' BB7 ' 6 ‘' Deposit in Bank to Credit of Treasur- er State Highway Dept 31,639.57 All other Disbursements 2,396.18 Total Disbursements $109,923.52 Cash Balance in Banks 40,984.09 Accounted for $1 50,907.61 „ , TAX COLLECTOR %° r *" e the total taxes chargeable to the Tax Collector are as follows: For State, Polls, Professional and Property $ 5 | 215 35 County—Ad Valorem I 2W67 I General School 99 aai r « Local School - - ’ s«..e Special :.Tzz:::::z:z::::z:r State Inheritance ’ 53 41 Total, 100%... $24 3 224 AO Uncollected at Oct. 12, 1925, 1.4% 3,408 81 Should have paid over to State, County and Schools, 98.6% $239 815 88 Actual Payments aand Commissions, 98.6% 239720 70 Difference—Due County 4 qr bv th T T 8 $< T 'll 8 due the Count y is the result of an error made by th w a r X Co . ilector ln computing his Commissions. 01 1 * JS tEe X C °* lector 3 records—County’s States, Schools and Special State Taxes—kept in a very systematical and accurate state of conditmn; this fact made it possible to veri fy, in the minimum of time, the Tax Collector’s accounting of all public revenue passing through his department TREASURER’S OFFICE All receipts appearing on the Treasurer’s books were veri fied by checking against the records of the other County of fices—source of income. All disbursements were supported by properly approved vouchers, all of which were found systematically filed in nu merical order. This Comment applies to both the General County and Permanent. Road records. The Cash Balances in Banks, as determined by our audit were correctly stated on the Treasurer’s books and verified by statements furnished us by the respective Banks CLERK OF COURTS AND SHERIFF We checked the records of these officials, in so far as the County s interest is affected—Receipts from and payments to these departments—the Clerk’s records—City and Superior Courts -reconciled exactly; while a few small clercial errors in the Sheriff s records resulted in a net of 20c due the County. GENERAL Bonds of Treasurer and Tax Collector, covering the pres ent term of office, were found in safe in Commisisoners’ office. Fire insurance on Court House, Jail and other County property, apparently ample, is in force. The County has no debts of any nature save the Perma nent Road Bonds, which it is retiring at rate of $ 16,000 annually. The aggregate of these outstanding bonds at this date is $384,- 000.00, maturing $16,000 annually January I, 1926 lo January 1, 1949. From the foregoing statements, it is quite apparent that the County s interest has been ably managed and honestly ad ministered by all liable under their respective trusts. Respectfully submitted, W. O. MARTIN & COMPANY. . , Auditors and Accountants. Atlanta, Ga., Oct. 26, 1925.
