L®eal M@ws
Mr. nndMrs. Panl
G. C. Nelms and Mr. and
P. Davidson spent the weekend
Commerce with patents, Mr.
Mrs. C. II. Nelms,
Mr. and Mrs. A. L. M tune)
spent the weekend wait
in Fan moot.
Commander Hayward Iloscb,
Gainesville, sends us word that
ex-service men in W lute
are invited to attend tneir nex
meeting Friday night, Oct. 5,
which time
Whelchel will make an address.
Miss Velma Hulsey left
lor Milledgeville where she
attend college at G. is. C. VV.
Mr. and Mrs. W. H Hulsey
Air. C. E. Head and Mrs
Miller visited Mr. and Mrs.
Head at Ilomerville, Ga..
week.
We are requested ’.0 state
an all day singing w ill be held ai
I'esllatee church Sunday, Sept 30.
Col. C. H. Edwards and Mr. J
B. R. Barrett made a busine-s trip
t6 Columbia, S. C., this week.
Frank Whelchel was not the
only Congressman that carried one
county by just I vote. Hugh Peter¬
son, who was nominated in the
First district did likewise, which
made him Congressman.
judge Frans| Whelchel, our next
congressman was in town Tuesday,
on his way from court tolliawassee
Mr. Biady Ledfoid, a former
White County, boy, died in VVi -
cox county, Monday.
Elbert Nix, Dewey JDixou, Earle
and -Free are in pail on an
alledged charge rcbbery of the
store of Edgar West Wednesday
night, Edgar followed trucks to
Jim Hill’s house who gave the
above names as those who come to
his house that night and called
him and made terrible vioiunce
theurts upon him and his property.
Some of these boys were found at
Heny Cantreli’s and the other.
vvere taken into custody by Slierifl
Vundiver later.
We know that the people ol the
counties that Walter R McDonald
carried will expect then to vote
tor him. If they don’t then—will,
heir name will be wrote in the
‘little black book.”
The delegate, to tl e State Con¬
vent ioti are : A. L, Dorsey aim
W. J. Prosley.
Beer tax is worrying many. We
many be wrong, but we can’t set
any reason wliv they should los-a
any sleep.
Runs Fifty-two Financing Insti¬
tutions With Investment of
Two Billion Dollars—Thir¬
ty-nine Agricultural
A MBRICA’S biggest banker today Is
the Federal Government, which 1 b
now operating fifty-two financing insti¬
tutions, says Professoi John Hanna of
Columbia University in the American
Bankers Association Journal.
“Forty of these are owned entirely
by the Government,” he says. “la
twelve more the Government has al¬
ready a two-thirds interest. Thirty
seven are intended to he permanent.
Twenty-five of the permanent ones and
fourteen of the temporary ones ara
agricultural.
“The capital stock held by the United
States in these hanks has a par value
of $1,380,000,000. The Government's
total investment is nearly 000 , 000
000. Resources of these institutions
ceed $3,000,000,000 in addition the
Government has detailed supervision
over fifty-one mortgage banks, operat¬
ing under Federal charter.
“The Government also supervises
4,600 local agricultural loan
tions with Federal charters. Ail this
takes r.tTaccount of the relations of the
Government to the twelve Federal Re¬
serve hanks, nor of the authority
cently given to the Reconstruction
Finance Corporation to buy preferred
stock in national and state commercial
banks.”
The President has ordered the con¬
solidation of the agricultural
agencies into the new Farm Credit
ministration, says Professor
He expresses the opinion that
the consolidation of the
financing agencies too much
had been created to administer
financing institutions which the Gov¬
ernment either tswns or supervises.
"Existing institutions represent
considerable differentiation of
Cully A. Cobb states that the
object of theAAA is to give great¬
er security to the Southern Cotton
producer, and that control of pro¬
duction is lieie to stay. There is
still 10 800,000 bales of surplus
co’tori, and Mr. Cobb declares that
‘is one of the facts w liich m ikes it
necessary lo go on with controll."
‘‘Today’s prices mean a continuing
return of prosperity to the “Cotton
Belt.” he declares.
He states that the farmer will re
ceivj approximately &90 per bale
this year, including rental benefits.
Farmer will receive checks in Oct.
The value or the Georgt. cotton
crop has increased from $28,859,
000 in 1932 to an estimate worth
tnis year of $83,600,090.
HU—.—— . — srr i.cci-L—
Consolidation Wiieiciiel and Wood
The following is tlie consolidated
popular vote by counties
1 < < <
2 - O 2 - £
S* rr
o> Cl
Popular Votes Majority
Banks ( 2 ) 7 89 647 92 ____
Barrow (2( 909 82 7 ____ 18
Cherokee (2) 810 1806 .... 996
Dawson (2) 299 335 86
Fannin (2) 45.7 682 227
_____
Furs}th (2) 956 1121 ____ 165
Gilmer (2) 661 1008 347
____
Gwinnett (4) 2335 1531 8 O 4
Habersham ( 2 ) 1712 920 793 ____
Hail (4) 2226 1101 1125
____
Jackson ( 4 ) 1127 1126 1 ____
Lumpkin (2) 584 390 194 ____
Pickens ( 2 ) 598 877 ..... 279
Rabun ( 2 ) 422 792 170
____
Stephens ( 2 ) 532 788 .. 256
Towns (3) 280 291 11
Union (3) 518 480 38
____
White ( 2 ) 6 S 6 441 195
____
totals 15,799 15,063
736 Majority
2 County Unit Votes
FAIR WILL CLOSE
FOREVER OCT. 31
Biggest Events of Whole
Chicago Exposition
Are Ahead.
Chicago.—“The exposition closes
definitely and forever October 31. It
will not open next year.”
With that statement, made !n re¬
sponse to a question put by Mayor
Edward J. Keiiv of Chicago, i.onox U.
Eotir, genera] manager of A Century
of Progress, spiked the rumors flying
about the country that the World's
Fair was to he a permanent institu¬
tion.
After October 31 the magic fairy¬
land that has thrilled tens of millions
of sightseers from every corner of the
globe for two years will fade into
memory as miraculously as it sprung
up. Moving in to replace the guv
throngs whose laughter and carnival
spirit resounded over Chicago’s lake
front will be crews of wreckers, going
methodically about their solemn busi¬
ness of demolishing tlie world's great¬
est show.
Plan New Spectacles.
Meanwhile the rush is on. From the
south, east, west and north the mil¬
lions are coming for their last look ot
the Fair. They have li ally awakened
to tlie realization that never agpin
will they see anything like it. This,
coupled with the advent of the cool,
sunshiny fall weather for which Chi¬
cago is noted, is expected to make the
final weeks of tlie exposition record
breaking’ in attendance.
Despite the announcement of tlie
closing Oct. 31, r.ene of the attractions
of tlie Fair—the fascinating scientific
aod industrial exhibits, the gigantic
free shows, the line music, the Imppy
Midway with its breathtaking rides
and unique shows, the unmatched
transportation exhibits—will he altered
before the eml. Rattier, tlie Fair lias
plans under way for spectacular spe¬
cial events of a magnitude to dwarf
anything Fair-goers have yet seen.
Famed Scenes Become Memories.
But on Nov. 3 the axes will begin
to fall. Gone will be the quaint for¬
eign villages, with their charmingly
authentic reproductions of life and
scenes in fifteen hinds scattered all
over tlie earth. The spires of pictur¬
esque Old Belgium, the towers of
sunny Italy, the winter loveliness of
the Black Forest, the white arches
and bright minarets of Tunis, tlie rich
romantic lore of Merrie England—all
these will leave Chicago's lake front,
to be seen again only after thousands
of miles of travel across the seas.
Gone will be the happy crowds
whose merriment filled the cafes, th *
rides, the shows and even rippled
with the spirit oi the Fair under the
turquoise banners of the majestic
Avenue of Flags. Gone will he the
jeweled setting of the lagoons, withj
tlie thousands of lights uniting earth.
THE CLEVELAND COCKIER, CLEVELAND. GEORGIA.
Legal ^dMereme-ns
Georgia, White County,
Pursuant to an order of the Court of
Ordinary of s dd county at, t he regular
Sept,till her Term 19j3 will lie sold lie
fore the court li iuse of said county be¬
tween tlie legal hours of sale on the toot
l'uesduy in October, next, for cash tlie
following described prop rty to witiParts
of lots Nos, 81 ami 88 in the 2nd land
district of said county, containing tin
acres, more or less and fully described
in a deed from C. H. Kytle to S. C. Can¬
t-roll dated January 17, 188!) ami record¬
ed in the Clerk’s Office of said county in
records of deeds Book N page 278 ami
known as the 8 . C. Cantrell homeplaee
and being all the laud owned by the
s lid 8 . C. Cantrell at the time of his
1 leath.
Sold as the property of S. C. Cantrell
estate for the purpose of paying debts
and distribution among the lieiis. This
5th day of Saptember 1934.
W, H. Hulsey, Admr,
S. C. Cantrell Estate,
Read The Courier
We will accept from farmers any
kind of produce grown oil tlieii
farm for renewal of their subscrip
tion, or to be added to our list as a
beiv subsenber. We trust this
proposition will jjuppeul to every
farmer.
Advertising is the power of an
idea multiplied. Other powers lose
by expansion. Steam is power
Advertising is the oil that lubri¬
cates tlie machinery of buisness
Try it regularly.
Let Fred Tell It
Have you paid your subscription
We can’t continue to send it to
you, so if you want it to keep visit¬
ing you each week the only thing
for you to do is to pay up NOW
Pay Your Subscription Now
WHAS BANKING
WENT TH ROUGH
By JOHN H. PUELICHER
American Bankers Association
fJANKING in its long career has been
" compelled to withstand many seri¬
ous shocks, but it ran into the most
**r
J. H. PUELICHER
able to come through as he has.
General business failures, agricul¬
tural stagnation, income losses, capi¬
tal losses, inabilities to meet debts
and therefore inabilities of bankers to
pay back depositors when loans were
not paid, were the reasons, in most
instances, for the bank failures.
No profession, no department of life
is without its weaker elements, but
had proper consideration been given
to the relatively few instances in hank¬
ing, had exaggerated and startling
headlines been kept in true proportion,
had hanking not been used as a target
for political self-seeking and with vote¬
seeking motives, had unfounded ru¬
mors not been spread the people’s con¬
fidence might have been retained and
far less serious would have been their
financial losses, for many bank failures
were caused that need not have hap¬
pened.
There were factors in our banking
experience which every earnest banker
deplores—factors which many had
worked years to eliminate, which it
was fearfully recognized would ag
' gravate difficult which
any days might
arise. One of the worst of these was
due to political regulation which char¬
tered many banks that should never
have been chartered.
That there have been incompetence
and dishonesty in banking is admitted.
That the instances that did occur were
used grossly to increase fear in the
public mind, we affirm. We ghall con¬
tinue to strive for higher attainments
in our profession and strive for laws
that require competence and ability
iu management. That we cannot leg
, islate honesty and unselfishness into
either a banker or a borrower must
1 be conceded, but dishonesty, wherever
found, should be punished. It is as
true in banking as elsewhere that no
matter how good the law, dishonest
and incompetent men can make it in
effective. Good laws are essential. We
must strive forever better ones, but
perplexing en¬
tanglement of its
whole history since
the general break¬
down of values in
1929. The commer¬
cial structure of
t h e entire world
seemed to have
bee-i shaken from
its foundations and
the marvel is that
the banker, with
everything break¬
ing d 0 \vn all
around him, w a s
ill© W' iniieFs!
Big Brize Contest Ends , . , Leaders Chosen from
Flood of Enthusiastic Letters om “How the JSew
Low Electric Rates Benefit My Homed J
From 235 cities and towns in Georgia, as well as from farms and rural homes,
hundreds and hundreds of letters were entered in the contest which came to an
end at midnight, Friday, August 31.
The high quality 1 f letters submitted, combined with the huge number to
be .considered, made sanction of prise winners an extremely arduous task. After
days and nights of stm-y, the following were decided upon for the first three
prices:
Or I C. .icaro, Route 2, Cl iclramauga, First Prize—£100
1 'Asa Ida E. V. ' : .Ti, 987 Barnett A , Atlanta, Second Prize—£50
Firs. Julius T Dudley, 1593 S. Lir, ipkin St., Athens, Third Prize—£25
To the vvi Fts of i : many excellent let; ts entered in the contest, the Com
pany offers its t .rni s r .1 its sincere apj: reaction — as veil as its hearty com
pkmeHts on the irgh p Try of the letters themselves. Many letters had to be
eliminated from conbJ: a Eon because they xceeded the maximum of 200 words.
From time to time in t : (mure, others os she many letters will be published, in
full or in part, in our a (vetmiug. Such let; ms as are used hereafter, if they have
won no previous priger. , wi;i receive the mvo-dollar award originally offered for
each letter publish A.
Mere are tbe Fifteen V/ Ficero of $5 Awards
MRS. C. D. T '.IT MRS. MAUDE H. THOMPSON
r f. d. ie:-A, e_ ■ncv. ick Ty Yy
MBS. JSSIFH E. ALLEN MRS. BEULA R. BAZEMORE
779 Ashby Li., S. V. ., A':A ’.a 101)3 Spring St., N. W., Atlanta
runs. CLYDE OG . -.tl:,. ’. J. D. MANGHAM
1347 EberliAt Avc. s Cc-l .a. us 372 Ti-, Yd Ave., Macon
GEORGE O. Cl SUCH V/. D. HOLCOMB
VVoru'n.v - 9 Charleston Ave., S. E., Atlanta
MRS. J. A. Y.’_. :„LS MISS MARIAN E. GOODWIN
Perkevoon L-or.r. . Atlanta 2463 McDowell St., Aur:usta
runs. ••“. f. vm. KG IT MRS. MAUD H. YANCEY
Warrantor 316 Third Ave., Rome
R. E. ELLIOTT Sr. MRS. A. W. TISDALE
£317 McDowell Augusta Miiledgeville
MRS, J. B. SHAW
Kart well
Mrs. Hearn’s Prize-Winning Letter
Picture my home v/it idut electricity.
No electric pump to gamp water for
cows, laundry, kitchen, bath and so
many things. Wood to bring in, oil
lamps, floors to sweep, ironing with flat
irons in a hot room. Churning by hand,
clothes to rub and boil, ice man tracking
in and half the time no ice, cooking and
canning over a hot stove. In fact there
were so many things to do I had to hire
help.
Now picture my home with elec¬
tricity. Electric pump, pumping water;
modern bath; washing machine, doing
the laundry; electric churn, churning;
electric refrigerator, freezing my des¬
Georgia Power Company
You’ll Find This Only in Mexico After Oct. 31
j Warmth and gayety now fill th :he wrecker when the most
streets of the Mexican Village, one c and popular of all
fifteen foreign villages at the World's tions cloccs forever Oct. 31.
Fair in Chicago, but it, too, will fall special events, dwaring by
to earth under the relentless blows of son those which have been
Pay Your Siibscriptin
sert and keeping my food the right tem¬
perature. My oven meal cooking in my
electric stove.
What am I doing? Going over my
rugs with my vacuum cleaner, tuning
in the radio or watching my husband
cut the boys’ hair with his electric clip¬
pers. And what a relief my electric iron
is on ironing day.
You ask “But isn’t your electric bill
awful ?” Not at all with the new electric
rates. I pay my bill with what I once
paid the ice man and wood man and
save what I paid the barber and hired
man.
exposi
Gigantic
compari
at the Fair, a;e planned for the clos¬
ing weeks, when a great inrush of
“last-lookers” will break attendance
records.’ The Fair remains intact un¬
til closing day.
