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Si SHURIFFS SALE
oo will Le sl on the firet Tuesday
in Ancust in tieat ot e Court lous
door in Leest ury, Gu,, within the legal
houss of rg'e to the Lidest and bes
bidder for cash thie foliowing described
property 1o wit:
Fiity nereg of fand in the shape of a
square inihie ¥ W Last corer of ot of
Tand!No. (wo handred and < thirty thice
(203). :
Said property tevied ontand to Ve sold
under a fita sued rom the City Court
of beeshurg as the property of G, I,
Forgusonand in davor of Avery and
Company.
Taig the ¥3th day of July 19:3.
P, C, COXWELL,
Sheriff Lee County.
SHERIFF TAX SALE
CLOIIGIA—Lee County.
Will be sold before the court huose
door in said county between the legal
Lours of sale to the highest bidder
for cach, on the {first Tuesday in
August 1023, the dollowing described
property to-wit:
Seventy Bizhit ac.cs ol land in the
9isth D.S. (. M. more or less and des
eribed as fol'ows: Bound ou the North
by Jands of Mrs, Darcus Dettis, boand
on the East*by lands-of . W. Kitchens,
Lound on the west by lauds of Bos.on
Scutt, bonnd on the West by Jands ol
Mug, Cou Mcßride and Mig. C.H.Tyon.
Pioperty levied on ander a fi.fa. issaed
by'R. K. reen, Tax- Col'ector of said
county for Stats and County taxes for
t e year 1023, °
Thig the 15th day of July 1923,
P. C. COXWELL Sheriff.
GCEORGIA—Lee County.
There will be sold on the first
Tuesday in August, 1923, in front of
Court House door, within the legal
Lours of salg, to the highe:t and best
bidder for cask., the folinwing deseril -
ed property to-wif:
Pwo Town Lots with all mprove
ments thereon in the Town of Lees
jurg and desciibed as follows:
ngund on thie Norrh by the Coloved
School house, on the South, West
and East by lands of J. A. Lipsey.
- Properiy levic! on under &fi fa.
jssted by Cler™™ and Treasurer of
Leesburg, Ga. for City Taxes for the
Www, 1023, as the property ¢iiE B
Tee, Sr. Teruuts in possessivn noti
{ied in terms of the Lo,
This the 11th dav of MTTE 23,
: D. G. MERCER,
Moacshai, Leeshurg Ga
0 ADMINISTRATOR’S SALE ‘
GEORGIA—Les County. |
By virtue of an order of the Court
of Ordinary of Lee County, grantad
upon the application of G. A. Wal
lace, as administrator of the estate of |
Mre. M. E. Love, deceased, late of}
said county, to sell the lands of
Mrs. M. E. Love, deceased, for the
purpose of paying debts and distri
bution, there will be sold before the
court house door, at public outery, to|
the highest bidder, in the City of
Leésburg, between the legal hours ofl
sale, on the first Tuesday in August,
1928, as the property of said deceas
ed; the following described lands, to
wits
Liot numbers 110, 111 and 112 in
the City of Leesburg, bounded as
follows, on the North by Main street,
Fast by Presbyterian Church, West
by Mrs. Jodie Love and on the South
by Dr. Crumbly, each lot running
40°’-9%"” east and west and 99’ north
and south. Terms of sale, Cash. '
This 9th day of July, 1923.
2 G: A. WALLACE, Admr,,
“ Of Mrs M. E. Love, Deceased.
: CITATION
GEORGIA—Lee County.
T R. lLewis, Administrator of the Is
tate of Dan Lewis, deceased, represents
to the Court in his petition, duly filed
anil.entered on record that he has fully
adihinistered said cstate, this is therefore
to ¢ite all persons coucerned kindred and
creditors to show cause if any they can
whyt gaid administrator should not be
aischarged from his administration and
receive letters of dismission on the first
Monday in August 1923.
: H. L. LONG, SR., Ozdinary.
3 Our Clerics,
Little by little the jokesmith’s stock
n trade is being depleted through sci
antific discovery. An English profes
sor now declares that peopie get
tleepy during the sermon because they
hyphotize themselves gazing fixedly at
the preacher. It is not because they
are inattentive, but because they are
too stientive. Therefore, jokes on the
subject are not knocks for the parson,
but boosts.
i R S
: Ravages by Rats.
It has heen estimated that the eco
nomic loss from rats in the United
States is $200,000,000 a year. In other
Mesgimates before the war, the annual
damage in the United Kingdom was
$70,060,000. As a carrier of bubonie
plague and other discuses. the rat is
charged with the loss of more human
Uves than all the wars In history.
LTSS
A PR AGAT AB S ",‘j:.'\_ %y
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& ffter
1 Every Meal &
Have a packet in your 33
pocket for ever-icaly &
= rofreshmoent. ;.
= Nids digestion,
£ Allays thirst. i
e Sooliies the throat, £
8% For Quality, Flavor and &
3 tho Sealed Package, rc@
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A\ Zaalab oL AT MY
TEXAS MAN BREEDS QUEEN
BEES FOR EVERY MARKET
Ey Use of mu Means He
Fools the Bees and Reaps
Income of $50,000 a Year.
Ruising and selling queen bees
Lring to 1. 83, Au’it an annual revenue
of more than $50,000, and most of this
is profit. Mr. Ault’s queen bee farm is
near Calalleh, Tex., and is in its
twelfth year of successful operation.
[le ships the queen bees all over the
United States and to_foreign lands,
including Australia, Japan and coun
tries of Kurope and South America.
{{e also ships many colonies of work
ing hees.
Breeding queen bees is done partly
by artificial means. There would be
no money in the industry if the na
tural breeding method of the becs
were depended on for queens, it is
explained. It was discovered that the
working bees, like carpenters, per
formed their work according to the
plans and specifications of the archi
tect; so AMr. Ault began building large
cells for queens In the artificlal wax
comb foundation. These queen cells
are then filled and produce queens,
according to the foundation specifica
tions.,
As a result of this artificial method
Mr. Ault obtains about 100 queens
from every hive of 2,000 to 3,000 work
ing. bees, instead of only one queen.
The hees are fooled, but they do not
seewn to mind it.
Queen bees vary in price, When
the demand is slow they sell for as
low as $l, but ordinarily they bring
$2.50 to $2.75 each. Just now there Is
an extraordinarily good demand for
them and’the price is on the upward
trend.
GERMAN OFFICER IN BOLIVIA
General Kundt Said to Have Re
b nounced His Nationallty. 1
Gen. Hans Kundt, during the war
a commander of a Prussian regiment
of grenadier guards, has lald aside
his German nationality in order to s¢-
cept the appointment as minister of
war of Bollvia, accordlug to advices
recelved by friends In Berlin. e
organized the Bolivian army before‘
the war and returned to that country
in 1919. The entente, however, ob
jected to his connection with the army
as a German national, and he became
naturalized, whereupon he was ap
polnted to the government post. i
24,916,599 ACRES IN GRAPES‘
Italy Leads World With 42.82 Per
Cent of Vineyards. |
Approximately 24,816,509 acres of
the world’s surface are covered with
vineyards according to 'a grape-grow
erg’ trade journal issued im Berlin,
Burope contalns 92.7 per cent of the
total acreage, |
Ttaly has more vineyards tham any
other country, its plats running to 42,82
per cent of all vineyards in the world,
Spain ranks second with 18.4 per cent,
then France with 15.5 per cent, while
Germany at the present time has only
72 per cent. |
German Citizens Pay 51 Taxes.
German citizens are subject to 51
different kinds of tax. The federal
government has 40, while the munici
palities add 11 more. They include
taxes on income, property, sugar, salt,
matches, playing cards, dogs, attomo
biles, beer, wine, amusements, and
caany other mecessities and luxuries,
particularly good. The 1913 mori
gage Is now due,~—2o,ooo marks are
to be paid. Marks are quoted 120,000
to the dollar, Tv enty-thousand
marks, one-sixth of that, thercfore
equal one-sixth of a dollar,—l6 23
cents. On the theory that “a mark
is a mark,” the debtor could wipe oif
his $5,600 mortgage for 16 2-3 cents,—
less than the value of a dozen eggs.
* Bl &
That is, he can unless the pipe
dream comes to a sudden end. For
one thing the German courts are rul
ing that the theory “a mark is a mark”
doesn’t go,—that a debtor has to give
back a fair equivalent for what he re
ceived and that present paper marks
worth 120,000 to the dollar are not
the fair eguivalent of former gold
marks at four to the dollar.
THE LEE COUNTY JOURNAL, LEESBURG, GEORGIA,
“INTERNATIONAL
BANKER" A MYTH
Otto H. Kahn.!;;f-uTes Idea That
Foreigr Finance Activities Dull
Mlegiance to America.
BANKING REFLECTS BUSINESS
“international Farmer” and Other
Business Men Who Sell to Forelgn
Markets Create Demand for Inter
national Financial Service.
The idea that bankers engaged In
financing foreign trade and in han
dling foreign bond flotations are a par
ticular cult of “international bankers”
actuated by motives differing from
those of other bankers was refuted
recently by Otto H, Kahn of New
York, in an address before the Roch
ester Chamber of Commerce.
“There 13 no such thing as an ‘ln
ternational Banker' in America, as the
meaning of the term 13 general'y
understood,” Mr. Kahn said. “He exists
in the imagination of people all too
numerous, but be does not exist in the
flesh. You might just as well speak
of the ‘lnternational Farmer’ because
the farmer sells a certain percentage
of his crops to Europe, or of the ‘ln
ternational Manufacturer.
“The banker maintains, and can
maintain, international contact, and
conduct international business, only to
the extent that American industry,
commerce and agriculture are inter
national. True, tha banker must take
within his purview continuously the
conditions of affairs and the current
of things throughout the world, but
so must the exporter and importer,
and so must the farmer take into ac
count the prices and tendencies of the
world market in Liverpool.
Banking Mostly Home Business
“The American banker’s market is
the home market. His success is con
ditioned upon the capacity and will
ingness of the American investor :o
absorb the securities wnich he offers.
His very existence depends upon the
confidence and co-operation of the
public and of his fellow-bankers—and
any banker whose activities would
justly create the impression that he
was actuated by cosmopolitan rather
than by American interests would
very soon lose that confidence and
following.
“The business which he does for his
own account in, with, or for Eurcpe,
is inconsiderable as compared to the
business he does in America. His prin:
cipal functions in relation to Europe
are to provide the requisite banking
facilities for export and import and
for travelers. That part of his fuuc
tions which consists in financing loans
of foreign governments or industries
has hitherto been, with sporadic ex
‘ceptions, of relatively Inconsiderable
proportions as compared to the vast
ness of the volume of his transactions
in financing American industry, com
merce and enterprise.
Necessity for Foreign Credits
“In saying this, I do not mean ta
imply that there is anything that calls
for apology in the floating of foreign
loans in America and in the loaning
02 American funds to Europe, provid
ed such loans are considered sound as
to security and are made for legiti
mate, constructive purposes. Indeed
such loans ought to, and I believe will
be made in increasing measure, when
conditions in Europe will have become
such as to warrant it.
“It is manifest that the promotion
of our export trade, including, of
course, the export of farm products,
requires us, under the circumstances
as they now are and are likely tc
remain for some time, to aid the pur
chasing power of other nations by ex
tending to them finanecial facilities tc
a reasonable extent.
“It is the function of the banker ta
be instrumental in carrymg out such
transactions. In doing so, he is the
means of serving a useful national
purpose, just as he served a useful,
indeed a highly important national
purpose, in being the means of attract:
ing and bringing European capital tc
America in former years when condi
tlons were reversed and such capital
was nothing less than vital to the de
velopment of this country and the
realization of its opportunities.”
FOR SOUND MONEY
Senator Oddie of Nevada, chairman
of the United States Senate commis
sfon to Investigate the problems of
gold and silver mining, has allayed
the fear that Western Senators, in
their zeal to aid the cause of silver,
might launch an unsound money wave,
“1 am for sound money,” Senator
Oddie says. "There i 3 no thought of
bimetalism or departing from the gold
standard. We desire to help the great
mining industry, but not through the
creation of an unsound currency.”
The commission is to study and re
port on the causes of the continuin®
decrease in the production of gold
and silver; the causes of the de
pressed condition of the gold and sil
ver mining industry in the United
States; the production, reduction, re
fining, transportation, marketing, sale,
and uses of gold and silver in the
United States and elsewhere; and the
effect of the decreased productica of
gold and silver upon commerce, in
dustry, cxchange and prices.
NANCE CAPITAL
AT F
By FRANCIS H. SISSON
Shalrman Public Relations Commis
sion, Amorican Bankers Assoclation.
Financial New
RN York is peculiar
gt ) ly representative
RS | of the whole na-
Rt Y, tion. All parts of
L the country, tho
PR small towns aa
\E "y well as the Dbig
Bt r cities, have sup
s b L plied the greates
— part of the man
F. H. Sisson power and brain
power enabling it
to function as the nation's financial
capital.
A recent investigation as to the
origin of one hundred leading execu
tives in the New York financial dis
trict, showed that no less than sixty
per cent were born outside New York
State, that no less than twenty-eigit
per cent were born in towns of 5,000
or less, and only twenty per cent were
born in New York City.
The birthplaces of these men rep
resented Pennsylvania, Ohio, Massa
chusetts, Connecticut, Michigan, Mis
gouri, Illinois, Maryland, Delaware,
Vermont, Mississippl, Kentucky, Ten
nessee, Minnesota, lowa, Florida,
Rhode Island, North Carolina, Indi
ana, Wisconsin, Georgia, California,
Montana, Maine, West Virginia, New
Jersey and the District of Columbia.
The same situation is true of the
younger men, particularly in the
banks. This reflects more than mere
ly the attraction of the big city for
ambitious young men. It is the result
of the definite purpose of New York
banking to equip itself to perform
most effectively its work for all the
nation.
A brief description of the mechan
!sm of the nation’s banking system
will make this clear. Many of the
New York banks are bankers’ banks.
They are great recervoirs of credit in
which banks throughout the country
deposit unemployed funds in New
York. When crop needs in rural dis
tricts or industrial expansion in man
ufacturing centers increase local re
quirements for money tnese local
banks call in their funds from New
York and in addition may ask the big
city banks for loans. :
Country banks frequently deposit
ag security the notes of their own cus
tomers, often secured, in turn, by farm
capital such as ploughs, livestock and
other possessions. The fifty thousand
dollar note, for instance, of a country
bank in a big New York bank may
have attached, as collateral security,
fifty or a hundred small notes of a
hundred dollars up to a thousand
or more, signed by local farmers and
their wives. Into one of the biggest
New York banks comes in this way
from the South each crop season a
small note secured by a plough and a
harrow and a mule named “Molly”—
an incident that has been aptly de
scribed as “The Minting of Molly.”
It is one among many securing a large
inter-bank credit.
Thus is big banking in New York
brought close to the plain people of
the soil—thus does it finance their
humble husbandry—and thus has it
felt the need of recruiting its officers
from among men familiar and sympa
thetic with local conditions—able to
visualize the needs of the people there
and pass sound judgment on the
credit factors involved.
1t is due to the conditions thus pic
tured that among the officers of New
York’s banks will be found represen
tatives from all parts of the nation
They are the delegates of the pepple
at the business capital.
Why Group Fights Group
America is suffering from a lack of
economic understanding. It is, there
fore, that we find group arrayed
against group—that we find the grow:
er at variance with the producer, the
producer with the consumer and both
with the carrier. It is because of a
lack of economic understanding that
we find capital and labor frequently
striving against each other. Yeteach
element is vitally interested in each
other for the final succses of the en
tire endeavor—in the farmer growing
a prime crop and getting a fair re
turn; in the canner packing a palata
ble crop and getting a fair return; In
the carrier transporting without dam
age or deterioration and getting a
fair return; in the wholesaler making
a wide distribution and getting a fair
return; in the retailer satisfying his
customer and getting a falr return;
in labor alding each of the processes
and getting a fair return; in capital
supplying the money and credit to
make each process possible and get
ting a fair return, and in the con
sumer receiving a pure, nourishing,
dependable, wholesome health giving
article at a fair price. There is this
community of interest in the pro
duction and consumption of human
requirements that should prohibit
strife among the producing and con
suming elements.—J. H. Puelicher,
President American Bankers Associ
ation.
Gompers on Boclalism
State socialism is repugnant to the
American mind for a great many
reasons. Americans generally prefer
to ecarve out the future in freedom.
They are unwilling to accept the idea
of an all-powerful state. It is the
American idea that the people shall
order the state and shape Its course;
not that the state shall order the lives
of the people, fitting them into niches
to suit a bureaucratic card fndex.—
Samuel Gompers.
Reduced Round Trip Fares
Jor '
Summer. Travel
TYBEE “Where Ocean Breezes Blow” and other attrac
tive South Atlantic Seaside Resorts.
New York, Boston, Baltimore and Philadelphia and
resorts in the East via Savannah and steam
ship going and returning same route; or
going one route, returning another.
Lake and Mountain Resorts in the Carolinas, Virginia,
Tennessee and Kentucky.
Resorts in Michigan, Wisconsin and Minnesota.
Denver, Estes Park, Colorado Springs, Manitou, Mesa
Verde National Park, Pueblo and other re
sorts in Colorado.
Yellowstone National Park-in Montana and Wyoming.
Glacier National Park in Montana, Grand
Canyon, Arizona.
San Francisco, Los Angeles, Long Beach, San Diego, Santa
Barbara, California; Portland, Oregon;
: Seattle, Spokane and Tacoma, Washington;
Vancouver and Victoria, B. C., Lake Louise
and Banff, Alta.
St. Johns, New Brunswick; Halifax, Nova Scotia; Toronto,
Ottawa and Muskoke Lake, Ont.; Montreal,
Murray Bay and Quebec, Que., and other
rgsorts in Canada.
Resorts in New York, Massachusetts, Maine, New
Hampshire, Vermont, New Jersey, and
Rhode Island.
Total fares, schedules, routes, service, sleeping and parlor car
accommodations and any other information or assistance
y iou may desire will be cheerfully and promptly supplied
y Passenger and Ticket Agents.
e e
Central of Georgia Railway
The Right Way
F. J. ROBINSON, General Passenger Agent, Savannah, Ga.
RING SMALL; WEDDING HALTS
Groom Insists on Full Ceremony, So
Change Is Made.
There was an unusual interruption
to a wedding cercmony In a north
London register office when the bride
groom put the ring on his bride’s
finger and found it would not go
beyond the knuckle. He made several
attempts to get the ring on, but with
out succress.
Saying that the jeweler must have
mistaken the size, the bridegroom
asked the registrar if he could wait
till he got it changed. The official
said that the ring did not matter, as
they had both said the contracting
words and were legally marrfed. All
that remained was to sign the register,
“Oh, but we must be married prop
erly,” replied the bridegroom. “I want
'my wife to have her ring now and in
your presence.”” The bride agreed, so
leaving her in the office, he hurried to
the Jjeweler's and returned with a
larger ring.
Praises Ukulele Thief.
“I have a notion to give you the ad
dresses of all the ukulele players in
the city. You are almost a publie
benefactor.” Thus spoke Judge Tal
ley of New York city when Dennis
Murphy was arraigned for steating five
ukuleles from a freight car. Murphy
was paroled.
Come to
TYBEE 28
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Excursion _
Fares via -
Central or Georgia Railway
THE RIGHT WAY ,
Some Risk in Everything.
While it may be true that the man
who risks nothing gains nothing, it is
nlso true that gain does not depend on
risk alone, In all business there is an
element of risk, but in business this
element is smaller than it is in specy
lation,
Eeginnirg of “Oil Ago.”
The “oil sg¢” of the United States
dates from 183859, when George H.
Bissell ana Ycof. Benjawmin Silliman,
Jr., of Yanle analyzed crude oil and de
terinined its value for illumination, and
Edwin 1. Drake drilled a well at Titus
ville, Pa., and produced the oil In
quantity. Long before that it had been
gsed in various communities where it
was skimmed from creeks and pools
a 8 a household remedy for colds, burns,
theumatisin, sore throat and other all
ments,
Spend Your Money
with your home merchants,
They help pay the taxes,
keep up the schools, build
roads, and make this a com
munity worth while. You
will find the advertising of
the best ones in this paper.