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THE NEWNAN HERALD NEWNAN HERALD > Consolidated with Coweta Advertiser September, 188(5. (. w Established 186(5. I Consolidated with Newnan News January. 1915. 5 1. ( NEWNAN, GA., FRIDAY, JULY 7, 1916. FARMERS’ Supply Store BUY At this store, which specializes in Flour,' Feed and Grain. BUY Your Shoes here.' We sell the best-wearing and most comfortable shoe made. “Star Brand” shoes are always better. BUY Your Staple Dry Goods and Groceries, and all Plantation Supplies here. Prices are down to bed rock. Everybody should raise their forage and hay. Now is the time to sow sorghum seed and plant peas. We have the Orange and Red Top Cane Seed; Unknown and Speckled Peas. Save time and labor by using the Hyde Cultivator. WE SELL THEM. Lastly Come to see us. You are always welcome. Hitch your teams in our wagon yard and store your bun dles with us. YOURS TO PLEASE l G. FARMER & ’Phone 147. Corner Madison and Jefferson Streets. For Choice Country Fruits and Vegetables You should always go to SWINT’S, where you will find them in abundance, as well as all kinds of canned goods. Best of flour, patent to the highest patent, al ways in stock. Breakfast foods always fresh and at bottom prices. Best line of cigars and tobacco to be found in town. Fresh Fish Every Thursday, Friday and Saturday J. T. SW1NT Telephone No. 54 T. S. PARROTT Insurance—All Branches Representing Fire association, of Philadelphia Fidelity and Casualty Co., of New Yorh American Surety Co., of New Yorh Mutual Benefit Life Insurance Co., of Newark, N. J. 14 1-2 Greenuille st., Over 7. C. Glover Co. BOUQUETS WHILE I’M LIVING I’ve noticed when a fellow dice, no matter what he's been — A saintly chap, or whose life was darkly steeped in sin — His friends foraret the bitter words they spoke but yesterday. And now they find a multitude of pretty things t0 8nv: . ... . . I fancy when 1 go to rest some one will bring to light , , , . - Some kind word or good net long buried out of surht: But if it’s all the same to you. just give to me instead The bouquetH while I’m living nnd the knocking when I’m dead. Don’t save your kisses to imprint upon my mar ble brow. While countless maledictions are hurled upon me now; Say just one kindly word to me while l mourn here alone, And don't save all your eulogy to cnrvo upon my stone! What do I care if when I'm dend the Blooming dale Gazette Gives me a write-up, with a cut in mourning border set: It will not Hatter me a bit, no matter what is said. Because flubdub like this won’t tickle mo when I am good and dead. It may be nice to have these things for those you leave behind, But just as far as I’m concerned 1 really do not mind— I’m quite alive and well to-day. and while I linger here Lend me a helping hand at times, give me a word of cheer; Just change the game n little bit, just swap the decks, For I will be no judge of flowers when I’ve cashed in my checks. How the New Federal Farm Loan System Works. FEDERAL FARM LOAN BOARD. The President of the United States shall appoint four members, (not more than two from any one political party,) who, with the Secretary of the Treasury ex officio, shall constitute the Federal farm loan board in charge of that bureau in the Treasury Department. These four men must give their exclusive ser vices to this work. They must not be in any way allied with any bond, lending or mortgage business. This board shall divide the country into 12 Federal land bank districts. In each district the board shall establish a Federal land bank with $750,000 paid up cash capital. Each land bank shall be managed temporarily by five direc tors appointed by the Federal farm loan board. Each Federal land bank shall charter national farm loan associations within the district of said bank, which district shall consist of one or more States. The $5 shares in the Federal land bank may be held by the national farm loan associations included in its membership, by the United StateB, by States, indi viduals or corporations. Only those shares may vote which are held by national farm loan associa tions and by the Government. Thus it will he seen that borrowers will be in control. FARMERS’ BORROWING CLUBS. Ten or more persons who are farm owners, or who declare their intention shortly to become such, may form national farm loan association. Only such borrowing members may join it. The shares are $5 each, but no member may vote more than 20 shares. Thus it is co-qperative and the control is vested in the borrowers. STRICTLY LIMITED LIABILITY. There is no joint and several liability. As a member, you are liable for the debts of the association only to the amount of your shares and as much more. For instance, suppose you hold shares amounting to $50. If the association got into financial difficulties, you might lose some part or all the $50 you paid in for your Bhares. If all the land of the members were washed away or blew up, and all the members failed to meet their payments—which is all quite unthinkable—you might be called upon for as much as $50 more. But you could not be assessed one penny in ex cess of $100, or double the amount you originally put in for shares. This is the same double liability that inheres to shares of national banks under the na tional banking Act. It should be almost impossible, under the strict supervision which the new system provides, for any national farm loan association to got so deeply in volved as to cost the shareholders any part of the money they paid in for shares. Other than as above explained, there is no liability upon the part of the member in any way, shape, form or manner. He does not indorse the notes or mortgages of other members. He is not responsible for their debts to the association, except to twice the amount of the shares he owns himself. The 10 farmers who want a charter must apply for not less than $20,000 in loans. Each would-be member applies to his own national farm loan association for a loan to an amount not exceeding 50 per cent, of the fair value of his farm. Suppose your farm is worth $4,000. You would apply for a loan of $2,000. Your application must be accom panied by your subscription for shares in your national farm loan association to the amount of 5 per cent, of the loan you apply for. That means that your subscription will be for 20 shares at $5 each, or $100 in ail, if you apply for a Io n of $2,000. You have the privilege of paying for the shares out of the $2,000 you bor row. In that case you would draw $1,900 in cash and shares having a par value of $100. Or you could pay for the shares in full and get the$2,000 com plete. The shares draw interest. When you have paid oil' your loan, the association buys hack your shares, paying you the full amount you paid for them originally. No loan for less than $100 nor more than $10,000. The Federal land hank for the Federal land district in which you are located will comply with your request for a charter for your own national farm loan association right in your own vi cinity, provided the hank is satisfied that the 10 or more applicants are in dividuals who can be trusted to carry out the system successfully, under the direction of the hank and under the supervision of the Federal furm loan board. HOW TO BORROW When you get your charter your as sociation indorses your note and mort gage and sends same up to the land bank. If it finds the papers, security, etc, all right, it grunts the loan for the full amount, remits that amount to the secretary-treasurer of your association, who puys it over to you, the borrower. There is no charge for commission, no rakeofT, no bonus, n o expense o r charge of any kind for the loan. Of course, you, the borrower, must, fur nish a good title at your own expense for search. Your note may run for not to exceed five years, if you want a loan for such a short time, but most people will take advantage of the provision of the law, which says that your note may run for not less than five years nor longer than 40, at your option. EASY PAYMENTS. You agree in this note to pay the in terest semi-annually, to pay a small sum toward the expenses and profits of the system, and to pay at least a very small amount—say one-half of 1 per cent.—upon the principal each six months or year. Thus with every payment you are whittling down the principal of your debt. If the system makes profits, you get your pro rata part thereof in dividends on your shares, which, if ap plied upon your debt, still further re duces it. in At- Your note cannot be collected unless you fail to meet these small periodic payments. They are so small that, with any kind of management, you cer tainly will be able to meet them. Thus there is no danger of foreclosure, be cause you have 40 years in which to pay the debt. But you can pay it off as much faster as you like. WHERE THE LAND BANK GETS ITS MONEY TO LEND. Of course, its $750,000 paid-up cash capital would not go very far in meet ing farmers’ needs for loans in any dis trict, so the bank is authorized to issue its bonds against the security of the farmers' notes and mortgages it holds indorsed by member associations. All the farm land banks are jointly and severally responsible for all their bonds. As borrowers are constantly reducing their debts, the equity is in creasing. Thus the bonds are an absolutely Bafe investment in denominations of $25, $50, $100, $500 and $1,000. FREE OK TAX. As the borrower’s land pays the taxes and cannot escape taxation, the borrower’s note and mortgage, also the capital and surplus of the member as sociations and of the Federal land banks and their bonds, are exempt from any and all taxation whatsoever. This helps to keep down the rate of interest to borrowers, because investors have no taxes to pay on such bonds or shares. The bonds being in small denomina tions, it will be possible for everyone, even children, to save up money enough to own at least one Federal farm land bond. The sale of these bonds by the land bank will give it additional funds to tend. Liquor Shipments Galore lanta. Atlanta, Ga., June 30.—Liquor ship- I ments are coming into Atlanta so rapidly I under the new Georgia prohibition laws | that the Ordinary of Fulton county has ! asked for additional men to handle the I affidavits filed in his office, while the Southern Express Co. claims it costs more to handle the shipments than they are worth. The majority of local mail order cus tomers of wholesale whiskey houses are negroes, and their big day for receiving shipments is on Saturday. The ex press company lines them up according to their proper classification in the al phabet, and handles them by the hun dred. It was the bane of liquor among ne gro furm hands that brought on the economic pressure which resulted in the enactment of Georgia’s druBtic pro hibition laws, hut the Atlanta liquor line on Saturday is striking evidence that negroes of the rural districts are not the only ones who love their dram The Georiga laws require the carrier of a shipment of whiskey to identify the consignee before delivery. For the purposes of expediency, a money order receipt is accepted as sufficient proof of the consignee’s identity. For Summer Troubles. Hay fever afflicts thousands and asth ma sufferers endure torture. Foley's Money and Tar gives relief. It allays inflammation, clears air passages, eases rasping cough, soothes and heals. This wholesome family remedy contains no opiates—a bottle lasts a long time. J. F. Lee Drug Co. When 0-year-old Tommy had returned to his home in Walbrook after a visit to the circus, with all its dazzling won ders, and had met for the first time all the fierce animals which had hitherto been confined between the pages of his animal ABC book, he waB tired, as only a youngster of 6 can be. Un dressed and droopy-headed. Tommy was ready to be tumbled into bed when his mother said: "You haven’t said your prayers, Tommy.” “Can’t, muvver,” said Tommy. "But you must," she insisted. "All right,” he answered, wearily, and (went through his simple prayer, ending with this: "And bless the circus, and the clowns, and the animals—bless ’em, Lord, hut don’t let ’em get away." An indignant merchant who had been robbed of a thermometer put this no tice in his window: "The person who took the thermometer from my door had better return it. It will be of no use where he is going, as it registers only 125 degrees.” Of the 3,000 or more islands compris ing the Philippines only about 400 are inhabited. NEWNAN NEWS. This Case Has a Hint for Many Herald Readers. A Newnan woman has used Doan’s Kidney Pills. She has found them as represented She wisheB her neighbors to know. No need to look further for a tested kidney remedy. The proof of merit is here and cun be investigated. Profit by Mrs. Sewell’s statement. Mrs. W. H. Sewell, Spence Ave Newnan, says: “I suffered so from my hack that I could not get up when was down. I wbb always in misery and wus so sore and lame that I could not do any work. I got up in the morn ing feeling more tired than the night before. Headaches nearly drove me mad and the kidney secretions caused me much annoyance. I used Doan Kidney Pills, procured from J. F. Lee Drug Co., and they relieved the pains in my back and put rny kidneys in good order. When I have any signs of kid ney trouble now, f always use Doan's Kidney Pills, and they relieve me." Price 50c., at all dealers. Don’t simply ask for a kidney remedy—get Doan’s Kidney Pills—the same that Mrs. Sewell had. Foster-Milburn Co., Props., Buffalo, N. Y. Vol. 51 —No 41. Crowds Grow Greater as the Values Become Better Known rug to. s Going Out of Business Sale Continues With out Abatement. 81.00 Wine of Cardui 79c 81.00 Ivodol Dyspepsia Remedyl 89c 81.00 Hood’s Sarsaparilla 89c 81.00 B. B. B. 89c 81.00 Mother's Friend 89c 50c King’s New Discovery 39c 25c Foley’s Honey and Tar 19c 81.00 Foley’s Kidney Remedy 89c 50c Foley’s Kidney Pills 39c 81.00 Swamp Root 87c 25c Black Draught 18c 25c Simmons’ Liver Medicine 19c 35c Fletcher’s Castoria 29c 25c |?Iitchcock’s Liver Powder 19c 50c Sloan’s Liniment 39c 25c Sloan’s Liniment 19c 50c Porter’s Healing Oil 39c 25c Porter’s Healing Oil 19c 81.00 Nuxcara