Wheeler county eagle. (Alamo, Ga.) 1913-current, August 03, 1934, Image 8
LOCALNEWS Miss Annie Pope was the charming guest of Mrs. L. M. Pope last week end. Mr. Truitt Sears, of St. Peters burg, Florida, is visiting relatives and friends in Alamo. Mrs. Maude Calder is visiting her sister, M rs. Norman Graham, in Mcßae this week. Miss Mattie Lee Sears returned h >me last week from Canal Point, Florida, where she visited for s veral days. Col. G. L. Hattaway is having his new bungalow dressed up with a coat of paint. Miss Edna Pope, of Glenwood, was the attractive guest of Lois and Elizabeth Pope last week end. Mr. and Mrs. C. H. Barineau visited in Bainbridge last week end. Mr. Barineau's mother, re turned home with them. Miss Leedie Ikner is spending a few days at ber home above Glenwood, called home on ac c iunt of illness in her family- Mrs. W. H. Harris and little daughter, of Greenville, N, C., arrived this week, called here on account of the serious illness of the former’s brother. Mr. Jolin 11. Sears. Mr. and Mrs. Belt Purvis and son, Jack, will leave today for their home in Akron, Ohio, after spending some time here the guests of relatives. Mr. and Mrs, J. Mcßae Clem ents and daughter, Miss Mary Alice, Mr. and Mrs. W. C. Brown son and children returned Mon day from St. Simons Island, where they spent several days. Mr. and Mrs. L. T. Foshee apd little son, of Hilton, spent last week end here the guests of Mr. and Mrs. W. R. McDaniel. From here they went to Statesboro to spend some time. Rev. J. D. MeCood will begin preaching in a revival at Lands burg Methodist church tonight, assisting Rev. E. L. Pad rick, the pastor. Mr. and Mrs. P. E. Lord, of Atlanta, are visiting here the guests of Mrs. Leile Harvill. Mr. Lord is the brother of Mrs. Harvill. Mrs. Jewel Pursley and daugh ter, Jewel, of Jacksonville, Fiori da, are spending some time here the guests of Col. and Mrs. G. L. Hattaway. Mrs Pursley is a sister of Mrs. Hattaway. Misses Pearl and Connie Lee Cochran, of Savannah, are visit ing here for several days, They are here with their father, Prof. Cochran, who is conducting the singing class at the Baptist church. Mrs. L. M. Pope returned home last week, after a very instructive visit to the Century of Progress Exposition, Chicago, Mammoth Cave, Kentucky and many other points of interest. Mrs. Limar Sears and children returned to their home at Cai al Point, Florida, Tuesday, after spending several days here with relatives and friends. Mr. and Mrs. Hulbert Gross, of Orlando, Florida, spent last week here with relatives and friends. Masters Robert Gross and Harry Pullen returned home with them to spend some time. The Epworth League enter tained its members with a Social I on the lawn of the church last; night. Many interest games and ! contests were held. Delightful punch and cake were served. Tnere were twenty five young people present and all voted this a most enjoyable occasion Miss Esther Godbee, home demonstration agent, is attend ing the Farm and Home Week in Athens this week. She is ac companied by Mrs. Hugh Mont ford, Misses Edna Pope, Doris Wynn, Carolyn Fowler, Virginia Ryah, Clara Clark, Freida Wind j ham and Bill Wynn. Shivering with Chills Burnmg with Fever Sure Relief for Malaria! Don’t try. homemade treatments or newfangled remedies! Take that good old Grove’s Tasteless Chill Tonic. Soon you will be yourself again, for Grove’s Taste less Chill Tonic not only relieves the ; symptoms of Malaria, but destroys the ! infection itself. The tasteless quinine in Grove s Taste less Chill Tonic kills the Malarial infec tion in the blood while the iron it con tains builds un the blood to overcome the effects of the disease and fortify against further attack. The twofold effect is ab solutely necessary to the overcoming of Malaria. Besides being a dependable rem edy for Malaria, Grove’s Tasteless Chill Tonic is also an excellent tonic of general use. Pleasant to take and absolutely harm).-". Safe to give children. Get a bottle today at any store. Now two sizes—soc and sl. The $1 size contains 2J4 times as much as the 50c size and gives you 25% more for your money. COLORED NEWS Happenings among colored folks The revival at the Alamo Chapel Baptist church proved very hery ful. R v. J L. Burney, of Bruns wick,received twelve for baptism. The revival services at the Starlight Baptist church, a few miles south of Alamo, is in prog ress. Every body cordially invited to attend. Little Geanette Williams has returned home. She has been spending- some time with her cousin, Little Annie Thomas. Mrs. Lucy Pool spent Sunday with her father at Mt. Vernon. Mr. Booker T. Horne has re turned to Lindenwald, New Jersey, where he joined the CCC c i m p. We are glad to see 1 ittle Claudie Smith up again, after being con fined to her bed for some time. Miss Gertrude Johnson has returned home. She has been spending some time with her neice, Mrs. Leeoda Smith. Miss Norma Blocker spent Sunday in Lumber City with her sister. Miss Mary Lizzie Collins has returned home after spending some time with her aunt, Mrs. Lilia Adams. Mrs. Eluernea Troup has re turned homeafter spending some time with her aunt at Baxley. The condition of Mr. John H- Sears's reported as some im proved, though his life had al most been despaired of for sever i) days. He has been lingering between life and death for sever 1 days, suffering with pneu monia, and his many friends are delighted to learn that his con dition is some better and hopes ire entertained for his recovery. Mr. H. K. Murchison, cashier of the J. F. Darby Bank here, happened to the misfortune of disfiguring his forehead in an automobile accident one morning this week, enroute to Alamo from Vidalia. He ran into another car that came into him from a side road, badly disfiguring his car and narrowly escaping serious injury to the occupants of the two cars. He wears his hat pulled down over the scars, and they are not noticeable, but his many local friends hope the scars will soon disappear. Misses Mildred Berryhill and Annie Ruth Smith, of Cochran, are visiting Misses Mattye and Mary C. McDaniel this week. Miss Smith is a former class mate of Miss Mary C. McDaniel They also attended summer school together this year, at S. G. T. C., in Statesboro. Mr. W. G. Pullen received his appointment this week as sistant to th • Montgomery coun ty agent and assumed bis duties. This appointment is in keeping with the provisions of the Bank head bill. Mr. Whitaker is doing clerical work in the office of the County Agent. Mr. Lavender is also assigned to Wheeler county to assist Mr. Whitaker. WHEELER COUNTY EAGLE, ALAMO, GEORGIA NATIONAL THESTER McRAE, GEORGIA PROGRAM. Week of Monday—August 6th. Showin Daily 4 and 8 to 11 P. M. Saturday Shows, 3 to 6 & 8 to 11 p. tn. Condiiioned air keeps you cool Give us a chance to serve you. MON.—TUES —August G-7 Robert Montgomery Elizabeth Allen Lewis Stone in “MYSTERY Os NR f Great, Don’t Miss IT. and good Comedy. Mat. 10 25 Nite 10 35c. WEDNESDAY AUG. BTH. ‘'B GIRLS IN A BOAT” : Dorothy Wilson-Doug Montgomery. ; M-G-M. Comedy Mai. <fc Nite 10-15 c THURS. ERI. AUG. 9-10TH. “I LIKE ITITHAT WAY“ Gloria Stuart-Roger Pryor Also-Tarzan the Eearless and comedy 10 25c. SATURDAY AUG. 11 th. “WHARF ANGEL” McGlaen- Dell Foster. Big western Coast Picture “Tarzan and comedj — 10 25c. NOBODY’S BUSINESS By Gee McGee | THIRTY-FIVE YEARS AGO 1. Women wore as much cotton in their bustles as they wear in an entire ensemble today, plus about 3 pounds. 2. Only about 2 percent of the rural population had ever seeti or tasted lightbread. Nearly all of them eat it now . . , ’cause their women folks are too tired or too lazy to cook biscuits. 3. A young lady felt eternally disgraced if she became the victim of an accident that per mitted even the lower edge of ■ her knees to be seen by a man. Today modisty extends to a point I barley within the law. The fewer and thinner be her clothes, the liner she is dressed. 4, If a man failed to pay a bank note on the day of its maturity, he was counted undependable by his fellow men. Today if he pays them at all, he waits a few days; and sometimes —he forgets them entirely .. . and thus becomes a rather shrewd business man, so he thinks. 5. It was customary and gen erally necessary for the son to get permission from the father to use old “Pete" and the buggy i once a week. No^ dear old father has to beg darling sonny with I tears in his eyes if he gets to ride 2 or 3 miles a week in his own car. 6. A young damsel who saw fit | to paint her cheeks and powder j her nose (and incidentally wear a split skirt) was looked down upon, and shunned by everybody except the other girl who went with her and a few bad boys who: j sneaked around occasionally in : the night time. Now let a girl risk getting out of her own boudoir without being painted, i plastered and dyed from Dan to Beersheoa. Why. she wouldn’t ! think of such a thing. 7. Neighbors and kinfolks visit, i ed one another and were welcome. A corpse never had a chance to get lonesome, as friends of the family sat up with him or her all, night. Doctors carried their soda and pills and calomel with them. I । and drug stores had to sell son e-1 thing for a living. It was safe to ■ loan a fellow a dollar. Nobody j : knew how to drive a car or answer a telephone or talk over; ; the radio. Yep, folks —times were I [ like that 35 years ago, but they are much better today . .. . be j caused they have changed. Manifold Ways in Which the Banks Are Serving the Nation Handling Millions of Transactions Daily for Individuals, Cor porations and State .and National Governments—The Structure Strengthened and Deserving of Public Faith By FRANCIS MARION LAW, President American Bankers Association THE banks of the nation provide the machinery through which pass dally many millions of checks and drafts, aggregat ing hundreds of millions of dol lars. The banks are largely financing the Federal Gov ernment in its Re coverey Program, involving the greatest peace time expenditures ever known. Likewise the banks are largely financing the cur- F. M. LAW rent credit needs of states, counties, cities, public schools and other polit ical sub-divisions, all of which have in timately to do with the daily affairs of all of the people. Each day banks throughout the coun try are making hundreds of thousands of new loans and they are renewing and extending old loans for the accom modation of a vast number of borrow ers, these borrowers being individuals, corporations and partnerships and their loans being Incident to agricul ture, industry and trade in every com munity in the land. The banks, through their trust de partments. are continuing the work which they have faithfully carried on throughout the depression and are pro tecting trust funds placed In their care against the worst shrinkage of values ever known. Included In this activity is ; the service the banks are performing In connection with administering the affairs of widows and orphans. The banks, through the medium of their savings and thrift deposit depart ments, are furnishing safety for the accumulations of many millions of people and on this class of deposits reasonable Interest Is paid. Banks are providing a service for the safe-deposit and safe-keeping of the pccsessfons, papers and securities of a very large number of people. The officers of banks are unstintedly and unselfishly giving advice and coun ! sei to the people cf their communities, i thereby to a considerable extent guid- , I Ing their daily financial and fiscal as- I fairs during this most difficult period | of disturbance. 'Hie Banking Structure Strengthened The banking structure as it is today has been greatly strengthened and the I process of strengthening still goes on. ! Banking Is not a closed science. The । banking system which we have had i was not good enough, and I earnestly ; believe that an able and non-partisan ; commission should be set up to make a study of our numerous banking laws ; to the end that a properly correlated banking system might be worked out I and submitted for consideration to the | next Congress. A good system would Include rigid I requirements as to management, in telligent and Impartial supervision and, In due time, unification of supervision. Such a system, composed of banks ■ adequately capitalized, capably man | aged and conscientiously supervised, ; would eliminate any possibility of a ; recurrence of what has happened in ' the past four years. The temporary Federal deposit in j surance plan under which deposits in banks up to $2,500 for each account are insured has been In effect for six months and has proven a potent factor In restoring confidence. Only two small banks out of over fourteen thousand holding membership in the fund have failed during this six months’ period. The temporary plan has been extended very wisely for a year, and the amount of the insured deposit has been In creased to $5,000, thus Insuring in full over 98% in number of the depositors IB the country's banks. Hoarded money is returning to the banks and deposits are showing a vast increase. Banks everywhere are super liquid, meaning that they have an un usually heavy proportion of their de posits in cash. There are two kinds of unemployment in this country—unem- I ployment of men and unemployment of ; dollars. These men and these dollars i must be put to work. Banks in strong j and highly liquid condition are pre i pared and determined to do their prop ' er part In putting money to work. Requisites for Greats of Bunk Credit That brings me to the all important question of the granting of credit by ; banks. Two things are necessary to : increase bank credit: Ist. The banks must be liquid and : confident in their own strength. 2nd. Business men must further lay their fears and regain confidence to the point where they will dare to think I and plan ahead. The first requisite is accomplished. I The second is in process. Bank credits ' will increase and money will go to ; work as soon as business men get over j their disinclination to borrow and this I will be when they begin to see profits I within their reach. In past depressions the real move : ment of the expansion in bank credit has always come after general business recovery got under way and not before. The number of good credit risks is in creasing dally. Not in my time have | good borrowers been so warmly wel- I come at banks as .hey are today. Nev er before has there been such ccmpfr Ition for good loans, nor has the in- terest rate ever been so low. Every sound business In the country today can get what money it needs. A Return of Normal Lending Banks are badly needing loans for revenue purposes, and now that confi dence in banks has been largely re stored they are naturally returning to a more normal lending policy. Before the bank holiday the confidence of the people was shattered. The thought up permost in the minds of depositors was the safety of their funds. Withdrawals from banks became increasingly heavy and general. Under such circumstances the banker, mindful of his primary re sponsibility to his depositors, was more concerned In the collection of loans than in the making of new loans. The result was a severe contraction of cred it. For this the banker should not be blamed. He simply performed his mani fest duty. Bankers at this time are very prop erly viewing the credit needs of busi ness with serious and sympathetic con sideration. Applicants for loans are not always familiar with the rules govern ing bank credit and constructive and interested help on the part of the bank er will bring about the making of many additional loans, without doing vio lence to any principle of good banking. Certainly no one would advocate the making of unsound loans by banks. The creation of a large volume of unsound loans would not only weaken the banks —it would prolong the depression and wipe out some of the gains already made. It Is to be earnestly hoped that no banker will yield under the pres sure of his desire for earnings, or for any other reason, and make loans of the wrong sort. John Ottley of Atlanta, ku a recent address, said —“The plan of lending freely and hoping for the best has never proven wise.” There are many needs for credit of kinds which are not within the province of commercial banks to meet. Likewise there are many types of credit, but there are also many types of credit fa cilities available-enough, it would seem, to meet the requirements of all classee of worthy borrowers. The Duty of Every Banker ■ It Is clearly the duty of every bank er in the country to perform certain services. The most Important are: 1. To afford perfect safety for de posits. 2. To grant credit to those who de serve IL In the matter of credits the public must in fairness remember that com mercial banks are not lending their own money, but the money of their de positors, represented very largely by the earnings and savings of the peo ple. The 1 eople who own these deposits have accumulated them through years of labor and sacrifice, and in many cases the deposit represents their all. These depositors have the right to call for their money at any time, or at most on short notice. Deposits constitute a sacred trust. There are certain basic principles In sound banking that must be held onto even in this period of change, but the progressive banker must be responsive to changing conditions and he must be active in seeking proper opportunities to meet the sound needs of his cus tomers. In a recent message to Congress, the President said —“I am greatly hoping that repeated promises that private in vestment and private Initiative to re lieve the government In the immediate future of much of the burden which it has assumed will be fulfilled.” Repeated assurance has been given by the Administration that there is no desire on its part to continue govern ment lending a moment longer than is necessary and that at the earliest pos sible time the government will gladly give way to the banks and other lend ing Institutions. This, of course, is as it should be and we are all earnestly looking forward to the time when pri vate initiative and enterprise shall have recovered its vitality sufficiently to throw government crutches away-. Numerous bank failures have cre ated in the minds of many a grossly ex aggerated idea as to the losses of de positors in closed banks. The record indicates that depositors in banks which closed in the past three years will realize on an average about 65c on the dollar. That would mean a loss of 35%. It has been estimated that dur ing the depression the average value of investments in stocks lost about 90%; bonds similarly declined approxi mately 60% and commodities 65%. Deposits in sound banks continued to be worth 100% throughout the de pression and 90% of the bank deposits of the country were not affected. Bankers Deserve Confidence The country can have full confidence in the integrity and competence of the bankers of the country. Out of the les sons of the last tew years has come experience that will be valuable to the banker and to his community. He can be counted on to show a proper appre ciation of his responsibilities and ob ligations and to take his place among those who are making earnest and un selfish effort to promote recovery. He is not infallible, but with every power that lies within him 1 believe he may be depended upon to fulfill his duty as a custodian of the people’s money, as a dispenser of credit and as a God tearing American Citizen imbued with sincere regard for the common good _ a i u—a — NOTICE STATE OF GEORGIA, COUNTY OF WHEELER. Pursurant to the authority vested in the undersigned under and by virtue of the powers set out and con tained in a certain deed to secure debt, made by J AMES J. HINSON, now deceased, on or about the 20th day of January, 1925, to the undersigned, The Atlanta Joint Stock Land Bank of Atlanta, and recorded on the 27th day of January, 1925, in Deed Book 6, Pages 71-72, Wheeler County Re cords. there will be sold before the Court House door of said Wheeler County on thefirstTuesday in August, August, 7,1934, at public outcry, with in the legal hours of sale, (10 A. M, to 4 P. M). all of the following de scribed property, to-wit: The whole of Lot of Land No. Two Hundred and Fifty (250) in the Tenth (10th) Land District of Wheeler County, Georgia, containing 207 acres, more or less, and also the whole of Lot of Land No. Two Hund red Fifty-one (251) in the Tenth (ICth) Land District of Wheeler County, Georgia, containing 207 acres, more or less, making an aggregate of 414 acres, more or less, all lying in one body and being bound on the North east by other lands of J. J. Hinson and S. W. Hughes; Northeast lot lines of said Lots being the dividing line ; Southeast by lands of S. H. McMillan; Southwest by the lands of the estate of F. L. Dyal, and Northwest by other lands of J. J. Hinson, the Northwest lot line of Lot No. Two Hundred Fifty one (251) being the dividing line. The property above described being that conveyed by and described in the deed to secure debt aforesaid. Said sale will be made under and | pursuant to the provisions of said I deed and said property will be sold I to the highest bidder for cash, default having been made in the payment of installments of principal and inte-est which became due under jk pro visions of said deed on the lint days of April and October, 1932; teh first days of April and October, 1933: and the first day of April, 1934, and the entire debt so secured having become due by reason of said defaults. Since the execution of the Deed to Secure Debt above described, the maker of said deed, James J. Hinson, has departed this life, and the land above described is being advertised and will be sold as land belonging to the estate of James J. Hinson, de ceased. The undersigned will make deed to purchaser at such sale as is provided for in the Deed to Secure Debt above described. THE ATLANTA JOINT STOCK LAND BANK OF ATLANTA, By F. W. ALLCORN, Jr. President. As Attorney-in-Fact for James J. Hinson, Deceased. Lamar Murdaugh, Attorney, Mcßae, Ga. Provide Markets Eor Farmers His Purpose Si f ... I U COLUMBUS ROBERTS Announcement Columbus Roberts, farmer, dairy man and manufacturer, seeks your support for Commissioner of Agricul ture in the Democratic primary, pro posing to set up a system of marketing that will enable Georgia farmers to sell the products of their farms at a profit, which will result in prosperity for the state. Valuable Home For Sale. Anyone wishing purchase a nice home, on reasonable terms, ; the opportunity is yours in pur ; chasing a 7 room dwelling, 2 lots, ; situated in one of the best resi j dential sections of Alamo. Con ■ ditions are such that this proper j by may be purchased through the i Home Loan. See or write me if you are interested. HAMILTON BURCH, Valdosta, Ga.