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VOL. XLV. NO 17
GEORGIA “WETS” LEAD
Talmadge’s Future
Subject of Debate
Throughout State
GOVERNOR’S ATTACKS ON
NATIONAL ADMINISTRA¬
TION HAVE POLITICIANS
GUESSING.
Governor Talmud ge reached
a crisis in his campaign against
the New Deal this week, with
the eyes of Georgia and the
nation on him as many won¬
der what he was planning.
Political observers through¬
out the country were specul¬
ating on the goal of his determ
ined drive apparently against
the whole national administra
tion.
They wondered whether he
had his eye on the possible
presidential nomination by a
possible third party composed
of old-line-Demoerats, wheth¬
er he was angling for a cabinet
post in the next administra¬
tion, providing the New Deal
was rejected, or whether he
would remain in the field of
state politics.
.There was a growing rumor
last week that the Governor
might stay in Georgia and be a
candidate for u third term as
chief executive.
Although the present law
limits a Governor to four years
and the new law to he voted
on in 1936 does so al«o, certain
observers believed there was a
hiatus between the two acts
which would permit Talmadge
to r un again.
Whatever is the case, the
Governor has consistently done
the usual and spectacular, of¬
ten running counter to prece¬
dent and rules, holding that
the votes of the people is the
court of last resort in any na¬
tion or state.
The Governor went into the
national arena by radio address
in which he lambasted the na¬
tional administration vigor¬
ously. The result was a flood
of congratulatory telegrams
fiom nearly every stale in tin
union.
Leo Farrell, political writer
for the Atlanta Constitution,
in a signed article a few days
ago, said that Talmadge was
staking his whole political fu¬
ture on hope that the New
Deal would fail to w in support
in the next national election.
If the national recovery pro¬
gram is upheld, Talmadge’s po
litical end is in sight, Farrell
said. On the other hand, if
anti-New Deal sentiment is
strong, he well be a national
figure of gigantic proportions
Tarlton Collier, polumnist
and commentator of the At¬
lanta Georgian, said that the
Governor was following a defi¬
nite plan outlined many mon¬
ths ago. This is based on the
program of the Democracy of
the solid south. He said the
Governor had nothing person¬
al against Roosevelt in his at¬
tacks, but was opposed to what
he believed was radical tenden
cies in the national program.
SALE-1929 Model
sedan, good condition,
ires. Price $75.00.
i*s Garage, Trenton, Ga.
a Times Want Ad.
Saiir (Emttttn ttftmra
TRENTON, DADE COUNTY, GEORGIA, THURSDAY, MAY 16, 1935.
TRENDS FAVORABLE
IN STATE BANKING
Recent Figures Indicate Large
Increases in Deposits and
Invested Funds
Improvement in the condition of state
banks in almost every respect during
1934 is shown by statistics recently as¬
sembled, Robert M. Hanes, President
Wachovie Bank and Trust Company,
Winston-Salem, North Carolina, points
out in an article in “Banking” pub¬
lished by the American Bankers Asso¬
ciation. The figures on which this state¬
ment is based were gathered by the
Committee on State Bank Research of
the association from reports furnished
by state bank supervisors throughout
the country.
"Ever since 1921 the number of state
banks has been declining,” Mr. Hanes
says. "Between 1931 and 1934 the de¬
cline was rapid. Figures for December
31, 1934, showed that the downward
trend has not yet ended, but the de¬
cline last year was the smallest in
twelve years.”
There are now’, he says, about ten
thousand state banks, which term in¬
cludes all state chartered institutions
with the exception of mutual savings
banks. The article continues:
‘‘Even more significant was the end¬
ing of the decline of deposits in state
banks which had been going on since
the collapse of the stock market boom
in 1929. In recent years for which fig¬
ures are available the drop has been
particularly abrupt. Total deposits in
state banks declined from $20,395,762,-
000 on December 31, 1931, to $15,424,-
823.000 on December 31, 1933. The rec¬
ord for 1934 shows a recovery to $17,-
508.766.000 at the year-end.
Significance of Increased Deposits
“It is particularly gratfiying to note
the expansion of deposits, since it was
their decline which made necessary the
liquidation of investments, the calling
of loans, and all the other phenomena
which go under the name of ‘deflation’
and have brought banks so much criti¬
cism in recent years. It is now plain
that this was due to efforts of the
banks to place themselves in the pos¬
session of enough liquid assets to meet
the growing demands of depositors for
the return of a part of the money which
had been placed on deposit.
"That this is true is borne out by the
movement of invested funds of state
banks, which has paralleled fhat of de-
pdsits. These invested funds (loans and
discounts plus investments) for state
banks, dropped from $20,291,320,000, at
the end of 1931, to $14,915,773,000 at the
end of 1933. By December 31,1934, how¬
ever, they had recovered to $15,769,510,-
000. All of this gain is accounted for
by the increase in investments during
1934, the expansion amounting to ap¬
proximately $1,300,000,000.
“As for loans and discounts, they reg¬
istered a slight drop again in 1934, but
the rate of decline was much smaller
than in previous years, which in itself
is progress. Whereas the drop in loans
and discounts amounted to approxi¬
mately $3,300,000,000 in 1932, and to ap¬
proximately $1,300,000,000 in 1933, it
was less than $500,000,000 in 1934.
“In another respect the balance sheet
figures for December 31, 1934, were es¬
pecially impressive. Bills payable and
rediscounts of the state banks, which
at the end of 1932 had reached a de¬
pression high of $669,709,000, had
dropped by the close of last year to the
low figure of $82,101,000. One must
search the records as far back as 1917
to find bills payable and rediscounts of
state banks at a lower figure. More¬
over, it is reasonable to expect a further
reduction of such borrowings during
the current year.”
TO FOIL BANK CROOKS
NEW YORK. —The American Bank¬
ers Association Protective Committee
has developed a plan of bank inspec¬
tion to bring out exposure hazards or
weak spots in respect to attacks by
criminals based on its long-established,
nation-wide experience in investigating .
bank burglaries, holdups and sneak
thefts. leading
The inspection covers eighty
questions and seventeen recommenda¬
tions which are instructive in the pre¬
vention of such crimes. These relate to
such subjects as the use of alarms and
other protective equipment, also the
condition of windows, doors, skylights
and other entrances which have facili¬
tated the early morning entry of ban¬
dits who kidnap bank employees from
their homes during the night, or break
into the bank promises and bind and
gag the emoiOvees. I
Get your notes at ihe Times
“Cotton Farmer
Special” Goes to
The Capitol City
A “Cotton Farmers’Special*
carrying 250 Georgia and Ala¬
bama farmers to Washington
to express iheir views on ad¬
ministration’s agricul t u r a 1
adjustment program left At¬
lanta Monday over the South¬
ern railroad.
Numerous county meetings
have been held in Georgia* re¬
cently at which the cotton
growers voted their approval of
the AAA program and urged
continuance of the processing
tax.
E. E. Barry, assistant gener¬
al passenger agent of the
Southern railroad, said coun¬
ty agents had made reserva¬
tions for 350 Georgia and Ala¬
bama farmers on a train leav¬
ing Atlanta at 12:10 P. M.
Most of this number came
from Georgia. Many other dcl-
ga'es named at county meet¬
ings were expected to make the
trip by automobile.
Mr. Lee Forester went as a
representative of Dade County.
County Agent’s
Special Notice
All cotton producers of the
County who hav tax exemp¬
tion certificates that they are
holding over from last year,
are urged to bring ihem in at
once, that we may send them
to Washington for a re-issue
to be used this year. Certifi¬
cates sent will he received at
face value, and unless this
exchange is made, the old cer¬
tificates will not he usable in
this year’s crop.
H.G. Baker, Co. Agent.
Expenses of the state execu¬
tive department totaled $117,
157 in 1934, and receipts werej
$212,,555 during this period,'
with the result that this de¬
partment has a balance of$95,
397.59, according to a report
by State Auditor Tom Wisdom.
Paid o.it of this fund were
operation of the governor’s
office, legal notices, election
forms, insurence premiums’
rewards, expenes of the man¬
sion, maintenance of the Cap
itol building and grounds, re¬
novation of the outside of the
Capitol, operation of the office
of state purchasing agent and
a number of other items.
Annual Service
At Whitt Cemetery
Theannual memorial service
be held at the Whitt cem¬
etery Sunday, May 26th.
All friends and relatives who
are interested are cordially in¬
vited to attend and bring well
filled baskets. Addresses and
singing are included iti the
program in arranging an ap¬
propriate service in honor of
departed ones.
Mrs. O. M. Foster, Secy.
FOR SALE—Govt. Insp. Red
and Yellow Potato Plants.
$1.25 M, del. —Raymond Ross,
Head River, Ga. ftp.
Dade County Polls Light
Vote 2S5 to 161 Against
Repeal; 4 Precincts Wet
DIST: -- 873 875 960 974 1037 1038 1089 1129 1214 1222
For Repeat 3 1 26 35 14 17 20 12 8 25
Against Repeal 22 8 78 16 30 56 2 22 4 17
For Beer 5 1 26 36 14 17 20 12 9 24
Against Beer 21 8 67 16 ‘ 30 56 2 25 3 17
For Wine 4 l 29 37 14 17 20 9 9 24
Against Wine 20 8 61 13 30 56 2 24 3 17
CCC Will Establish
28 New State Camps;
Activities Doubled
Georgia’s CCC eampswill he
increased from 34 to62 and $2.
160,000 expended in soil erosion
work during the next year, as
a part of Georgia’s $13,500,000
CCC fund. This allotment was
made from the $4,880,000,000
work relief appropriation.
Of these new camps, nine
will be devoted to soil erosion
work. The total number of
men in the CCC in Georgia
will he increa,ed from 9,600 to
13,400.
Georgia’s new soil erosion
camps will he located in Bar¬
tow, Hall, Carroll, Wilkes,
Baldwin, Crawford, Marion,
andStewarl counties.
The other new camps will
he located as follows:
National Forests Camps:
Two at Clayton in Rabun
county; one at Blue Ridge, in
Fannin county, and one at
Cleveland in Lumpkin county.
Private Forests; One at Nash
ville, in Berrien county: one at
LaFayette, in Walker county;
one at Armuchee in Floyd co,
one at Swainshoro in Etnaneul
county, and one at Lakeland
in Lanier county.
State Parks: One at Jackson
in Butts county; one at Craw-
fordville, in Taliaferro county
county; one at Rutledge, in
Morgan county; and one at
Menlo, in Chattooga county.
Military Reservations: Three
at Fort Benning and one at
Fort McPherson.
Opeting Game
Here Saturday
We have been informed by
Mr. A.L. Dyer, Manager, pro
tern of Dade County Baseball
team that the team has recent
ly been placed in tin* Volun¬
teer League of Chattanooga,
and that the first game of the
season will he on the local dia¬
mond next Saturday afternoon
with Dixon Tenn., team.
Mr. Dyer urges all players
wishing to try out for the team
to meet on the diamond Fri¬
day afternoon for practice.
It is understood that all the
games are to be played on Sat¬
urday, ami the fans of the Co.
should he on the grounds Sat¬
urday afternoon, especially,
and help us win the opener.
Other games will he announc¬
ed later. The game Saturday
is scheduled to begin a t 3 o
clock.
Gov. Talmadge Denies
Threat to Oust Linder
p or “Secession” Talk
V published report that Gov
ernor Talmadge hail threaten
-ed to remote Commisioncr of
Agriculture Tom Linder from
office unless he quit talking u-
bout “secession from the
Union” in the Market Bulle¬
tin, drew spirited statements
from those concerned.
Governor Talmadge denied
having issued an ultimatum to
Mr. Linder and said he request
-ed an apology from the Atlan¬
ta Constitusion in whose early
editions Thursday night the
story appeared.
Clark Howell, Sr., editor of
The Constitution, replied with
a statement in which he said
that “the governor does not
deny that he reprimanded Mr.
Linder for his repeated seces¬
sion statements”.
The Editor told the governor
that he would he glad to apol¬
ogize if lie (the governor) would
state that he had not repri¬
manded Mr. Linder,
“The governor does not de¬
ny that he reprimanded Mr.
Linder for his repeat ed seces¬
sion statements”, Editor How¬
ell said. “lie went so far as to
tell Mr. Linder if his secession
utterances were repeated he
would demand that Mr. Lind¬
er’s Market Bulletin copy he
brought to him hereafter for
approval, before publication.
It is to his credit that the gov¬
ernor has not denied that he
reprimanded Mr. Linder— nor
will he do so. He has not ap¬
proved Mr. Linder’s secession
utterances; but on the other
hand, has been greatly provok
ed by them”.
FOR SALE — Porto Rico,
Nancy Ilall, Triumph Sweet
Potato Plants, $1. M, express
collect. 2 M $1.70; 4 M $3.25;
6 M $4.75. Bermuda Onions,
6 M $2.60. Leading varieties of
Tomato, Cabbage or Collards,
200 - 40c; 500 - 65c; 1 M $1.00.
Lookout Min. Plant Farm,
Mentone, Ala.
FOR SALE - - Porto-Rico
Potato Plants, $1.25 M. Get
plants at McBryars, Trenton,
Wilson’s Garage, Rising Fawn
or at my home.
Roy Johnson, Head River, Ga.
6-20-5.
FOR SALE—Govt. Insp. Yell
ow Potato Plants. $1.25 M del.
—R.L. Ross, Head River, Ga.
$1.50 A YEAH*
County Favors
Prohibition by
Majority of 94
As we go to press, scattered
precincts over the state show
a small majority against pro¬
hibition, while Dade County
went dry by a comparatively
small majority.
Only 411 went to the polls in
Dade County; registering 161
repeal and 255 against. Six of
tVc ten precincts voting dry.
Districts voting for repeal
were: Cole City, Hooker, New
Salem and the Creek.
The vole for wine and beer
was practically the same as
that of repeal.
After trailing in the earlier
count which came chiefly from
rural sections, repealists shot
into the lead in yesterday’s
referenda last night as reports
from the cities began to come
in, Savannah reporting great
majorities for repeal.
I he race was close, however,
and the fate of the states 20-
year-old dry law is still in
doubt. Rural districts showed
surprising trend to wet.
Unusually heavy voting was
recorded all over the state,
early estimatet fixing the total
number ballots cast about
280.000.
Rising Fawn District
Defeats Bond Issue
The $18,000 School Bond Is¬
sue at Rising Fawn was defeat¬
ed yesterday by an edge of 10
majority. Only 133 votes were
cast in the election; 61 favor¬
ing bonds and 71 against. The
number voting indicates less
interest in the election than
was expected.
C^e City District
Favors School Bonds
The 1222 District voted in a
school house bond issue by a
substantial majority of 58 to
10 yesterday, it is reported.
The bond issue is for $5,000.
Special Notice
The Editor plans a visit for
next week-end, and we intend
to publish the Times on Wed¬
nesday. Correspondents and
those having items for publi¬
cation are requested to sene
the same to us just as early ii
the week as possible. Thanks-
we’re counting on you.