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Statement of Bank of Covington
August 14 , 1923
ASSETS LIABILITIES
LOANS AND DISCOUNTS...............$220,432.03 4,475.20 CAPITAL STOCK......................$100,000.00
FURNITURE AND FIXTURES........ SURPLUS AND PROFITS.............. 40,970.83
ADVANCES ON COTTON (in transit) .... 1,604.10
U. S. AND OTHER BONDS.............. 113,062.50 DEPOSITS............................ 368,738.45
CASH ON HAND...................... 170,135.4b
$509,709.28 $509,709.2 O
OUR PRESENT DEPOSITORS ARE OUR MOST LOYAL HELPERS. IN FACT, IT IS THEIR ENTHU¬
SIASTIC CO-OPERATION WHICH HAS DONE MORE THAN ANYTHING ELSE TO BUILD UP THIS IN¬
STITUTION, WHICH HAS TOTAL RESOURCES OF OVER HALF A MILLION DOLLARS.
IF YOU ARE NOT ALREADY A DEPOSITOR, WE INVITE YOU TO OPEN AN ACCOUNT.
BANK OF COVINGTON
OFFICERS p
R. R. FOWl.ER, PRESIDENT J. L. STEPHENSON, VICE PRES. J. E. PHILIPS, CASHIER
DIRECTORS
P. W. GODFREY R. R. FOWLER J. L. CALLAWAY C. A. SOCKWELL
J. L. STEPHENSON L. W. JARMAN F. E. HEARD E. W. FOWLER
J. E. PHILIPS R. C. GUINN
A GIGANTIC FOLLY
nT
so. condensing as far as possible: .
Four years after the world war the.
United States Government spent
ooo,ooo.ooo , (lllf of the $4,109,104,150 coi- ( ,ni
lected in federal taxes (1922), in paying ;
for past wars and preparing for future;
™
" «omo (600,000,000, covered all
Cher governmental department.. This;
is an economic monstrosity.
If the Government told every tax¬
payer when taking his money, “We are
going to spend 85 cents of each of these
dollars for war,” what would the tax¬
payer say?
Now the present receipts from tariff
rates are approximately 19 per cent of
the total federal revenue for the year
1924, quite enough to meet all peace¬
time governmental expense. Imagine
what it would mean, had people been
sane enough to keep out of wars, for
the Government to he able to say, as it
might be for these war taxes. “No
money is needed this year from the tax¬
payer. The tarriff is providing all that
is necessary.” And this is just what
might have happened had men and na¬
tions dared venture to stake their for¬
tunes on the Golden Rule. No coutry
is so prosperous as to stand gigantic
waste forever. If men could once realize
What war has cost them for these
last 2,000 years, the folly would cease.
FUR AND MORE FUR
Two women were sitting in a ma¬
chine outside a downtown shop wait¬
ing for a friend who had been lured
inside for one of the bargains display¬
ed.
“Fur—fur—fur!” exclaimed one of
the waiting women in the car, “it
doesn’t seem as though there could be
a fur-bearing animal left—and I wish
there weren’t, for then their suffering
would be over.”
Then she explained that she didn’t
so much mean the beasts that were
raised purposely for the use of man¬
kind and hiumanely disposed of when
their time came. Neither did she
mind people swathing themselves in the
skins of such animals after the poor
things needed them no longer. It was
the wholesale exploitation of trapped
animals that she deplored. Was it
necessary that every young female
person should wear a striped fur coat?
Was it necessary that every rich wo¬
man, every actress, every demi-mon
daine should posess various coats
•stoles, boas, muffs, at the agonized ex
pense of trapped creatures? Was it
ignorance of such suffering, or indif¬
ference? She wondered.
Then she snuggled down into the
wide collar of her duvetyn coat and
managed to look quite as smart and in¬
finitely more comfortable than her fox
pelted friend who, for the first time,
was beginning to think a bit.—Rocky
Mountain News, Denver.
BUY
Advertised Products
They are not only BETTER
than Non-Advertised Prod¬
ucts, but often CHEAPER.
THE COVINGTON NEWS, COVINGTON, GEORGIA
LEGUIN NEWS j
j
j
Mr. and Mrs. L. H. Bates spent !
afternoon with Mr. and i
rs , R M Parnpll 6 j' 1
Messrs. Hugh tt . and Julian r Clark ™ ,
f Atlanta are visiting friends;
Mi^ rp i a RuriSrs 4.y vp5 , here
of Decatur
at home for the week _ en fl.:
The Singin#[ ,. iven b y Mrs. L.i
Bates Sunday night was en-,
by all present. Smith and; .
Mr. and Mrs. W. B.
spent Thursday with
and Mrs. M. H. Pennington. i
Mrs. Ambris Fincher and j
spent several days last
with Mrs. J. B. Moss.
Messrs Com: and Candler
of At anta spent Sat¬
urday and Sui Jay with home
folks.
The Bread Contest was held
SHIRTS
MARK.
Bean iful and Complete Line of Fall
Shirts
HOtf-i! OF HART SCHAFFNER &
MARX
CLOTHING
W. COHEN CO., Inc.
the Club room Wednesday af
August 8th. Mrs. M.
s®. W
ivf on
ivlrs r „ ; r a Mask and children cnu “ Ifc:jl
visiting her mother, Mrs.
y R Mnss , t ut,, wppk
*
Several beveiaiirom from here nere attended atxenaea
P
M ioo" M arv Alice nfght Meador,
S.ted.y' were,
Neva and Inez Lassiter,
McCart, Messrs. Hugh
Q ark> Fred Stubbs, Arnee Moss,
Smith and Tuggie Thomp
son ‘ ^r.
Fred Stubs of Stewart
spent Saturday night with Mr.
and Mrs. Troy Stubbs.
Miss Sallie Ruth Meadors is
expected home from Atlanta
some time this week
Bring us your job printing.
GOLDFISH AND FACTS
There are two facts that owners of
live goldfish need to be taught. One
is that fish live where there is plenty
of shade, and their eyelids are poorly
developed or entirely absent, according
to the International Encyclopedia and
other scientific authorities.
Therefore, when fish are put into
transparent globes which admit all the
light there is and from all directions J
at once, the fish cannot cover their
LYRIC THEATRE
COVINGTON, GEORGIA
Friday and Saturday
VAUDEVILLE AND PICTURES
JUST A FEW MOMENTS WITH:
JOE ELLIOTTE, Black Face Comedian,
LUCILE HILL, The Girl From Dixie.
ART LaMan, and His Original “COUNTRY STORE."
VAUGHN TIRE AND BATTERY CO., One Auto Tire, 30x31-2, $15.00
NORRIS HARDWARE
COMPANY
2 FINE PIECES ALUMINUM WARE
CITY PHARMACY
BOX STATIONERY AND A BIG
SURPRISE
W. COHEN CO., INC.
FINE LADIES’ SHOES
MENS’ SILK TIE
CHERO-COLA CO.
5 CASES NUGRAPE
JOSEPH SIEGEL
NOVELTY PEN, GOLD PIN
PIPER HARDWARE
COMPANY
GOLD RAZOR. CHILD’S PEDAL
KIDDIEKAR
The above merchants will give away,
free, Groceries, Shoes, Hats, Shirts, Ties.
Candy, Cakes, Silverware, Toilet Sets.
Hardware, Toys, Hose, Razors, Jewelry.
Books, Drinks, and a great many others
COME ONE! COME ALL!
eyes and cannot find a shady place in
which to hide.
Stones and other small objects, such
as water plants, can be put in the bowl
in such positions as to make a little
shade between and under some of them.
The activities of live goldfish in glass
globes, so thoughtlessly admired
their owners, is a frenzied activity, a
vain effort to find relief from glare.
The other fact is that there is air
in the water where fish live in nature.
3 BIG ACTS
Just a Few Moments
With
JOE ELLIOTTE
Blackface Comedian
LUCILE HILL
The Girl from Dixie
ART LaMAN
The Boy that Talks
About his Folks
DON’T MISS THE
OLD FASHIONED
PICNIC
A Carload of Laughs
NO-EQUAL HOSE CO.
SIX PAIR LADIES’ SILK HOSE
Aerated water is a necessity of life fal
j from fish. Water in globes is still and wiij fr«J
air. The fish swim about
gaping mouths, gasping for breath anil
actually smothering for want of air.I
It is hoped that persons who enjoyl
see ’ n £ goldfish in globes and
t children to admire them in prisons, nil
I consider these facts. —E. P., in LtJ
Angeles Times.
Job work of the better kind at T)J
News Otfice.
SUPREME BAKER!
90 LOAVES BREAD, 3 LARGE CM
N. KAPLAN
2 PAIR MENS’ SOCKS
FAMOUS DEPART-I
MENT STORE
LOOK FOR THE BLUE AND TIE FRONj
MENS’ SHIRT
GROCERY WILSON COMPAQ BIGGERj
LARGE BASKET GROCER®’!
48 lb SACK OMEGA FLQl^.
COX’S CAFE 1
12 LARGE CHICKEN’’
E. H. MOBLEY .^ 1
FINE LADIES’ S " E
MEN S K <
$7.50 WALK OVER