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4 LV/lV ¥ Wp ire uatnc Ha UP Nn 1 FrPP ,cc Books In UeOtQ/3. (Continued from Page One.) of this corporation. h Ob EH GRIT Quarter of a Century O.a.-- 1 im rwni. iw-tn tWboi-Boolc Depositor) was oiga. iz>*.> \ e,i. ■ ixo in Atlanta, Georgia, ny • J •• ->orgess Smith. to enable the sehoo.s oi Lie ( rSoul-ii obtain neeessar\ text boohs on ll.e^same ,■ as other sections. Since its inception the • pany has steadily grown and .aarertseu tu f nence urml the point was reached that made incorporation imperative. Largest Distributors in Jhc l ■ S. -J ho Sou tie vn School Book Depositor) is now largest school-book depository and school Ply house in the United States. It servas territory covering 1-1 Southern States tve large centrally located plants, m A .auia, Ba., Dallas, Texas. Jackson, villo- 1‘ift.. and /.{ampins, fenn. i s annua business is now about $3,000,000, having sold in its lifetime over $40,(X)0,00.) wort a Oi nooks, Bright Future. Never in its history has the future of this business been so bright. I he South is just, awakening to its educational sponsibilitics. One Slate alone has recently appropriated nearly $4,000,000 to buy text; books for its schools—signing contracts of ibis corporation for the lion’s share business. New Profitable Department .—The Station pry and School Supply Department of this company—organized only a short time ago— has proven a wonderful success, hi a few months’ time it has sold 60 carloads of school tablets and more than 2,500,000 or one kind of pencil—achievements, we are told, that are not < ven approached by many old established firms in this field. This department; of our business is destined to grow greater and more J profitable each year. WIIAT OUR CAPITAL CONSISTS OF. I Contracts unth Publishers and Stales .— About 175 contracts under which State adop¬ tion, school, college, and other text books are distributed throughout Southern States. These contracts extend over 5 to 8 year periods, while many are for indefinite periods. As practical Jy all of text 80) hook publishers are depositors in (75 j out very little change occurs this] business by shifting of contracts. Guaranteed 6-year contract of one state alone in its first year of operation has shown the wonderful earning power of this department of the j ness. Valuable —$325,000.00 Real Estate. of \ Estate, which is our ledger value, and is as j praieal price as given by expert realtors. $150,000.00 of treasury stock owned in fee (simple by the corporation. About $100,000.00’school supply merchant dise on warehouse floors. Great and Lasting .Good IT ill .—-Good of over 40,000 established customers in f4 Bon them States and other assets covering 25 years I of ly successful business existence We \yiih practical* ' no management change. now have about twenty in Ford, men successfully covering entire Southern territory Furniture Fixtures soiling school supplies. and .—Furniture and fixtures in five large depositories at Atlanta, Gm, Dallas, Texas, Jackson. .Miss.. Jackson '’ill©, Pin., and Memphis, Tenn. Largc Surplus —With splendid surplus shown (See Financial Statement) of $311.172.- 47. the corporation is assured of ample assets. . SAFETY AND PERMANENCY. Investors Safeguarded. Safety and per manene.v arc assured in the stock of the t lem School-Book Depositor) by a sound lug of honest and efficient management with a permanent and over-growing All investors are fully safeguarded and pro tvoted, large and small alike, by the laws the State of Georgia under which this company Is incorporated. Practically No CompetiUov.- This lias practically no competition in its book part meat Its operating costs are very fin labor trouble.- no speculative features, no Tuotunlitig liabilities and practical!) no bad debts- It enjoy the highest credit standing, n wide reputation for absolute honesty and stability and a gilt edged list of 475 stock holders (names sent on request.) The inter e.stcd investor is invited to examine into all these facts and will be given free access t bent. I NT 1{ IN SI< YALIT, AND MARK ETA B'l LIT Y. Big Die id end Capacity. This securilv lias no wa dividend capacity comparable with the b-.-i bank-. The steadily increasing earning .>I* t!w -cliool supply department indicate larger dividends. High Arehtgr Yet Profit. The actual av erage net profit during the past It) years been 19 per cent on the amount invested, its operating expenses are low. Its fixed charges are small. Its need of only a reasonable sur¬ plus makes dividend possibilities more stable and generous. (load Collateral —This security, localise < f i> :ouinl convertible character, ha- ; been ae ct pted as excellent good collateral at many opnortunitv hanks, and ' an investment for i t* folks. lies y, Sold Sc 1. i fiscr: i: - immediate!) ■•c. nize its f i i. at and J."-’ entiai va at $J"0.UU THE COLUMBIA SENTINEL, THOMSON, GfiOHOlA. 'Ehofse taking advantage of this oppor holdings will undoubtedly round soon be able to at a premium. APPROXIMATE STATEMENT OF EARN TNGS. Eor \ ear Ending March 3lst, 1923. Sales School Book Business , April 1 to Oct. 1, 1922 school Book Business for six months ..................... $1,320,813.41 Approximate School gross earnings on Book Business ......••.. 165,851.(17 Less Expenses ................... 127,240.36 —---• Approximate net earnings on school books April 1 to Oct 1, 1922. . . . $38-611.31 Xotat Sales School Stationery Bust ness April to Oct. 1,1922 .Stationery business for six months $301,288.55 gross .earnings...... 75-257.71 expenses ......••........... Approximate net earnings on Sta iionery April 1 to October 1,1922 $50,025.44 Approximate net earnings on School Books for six months .......... 38,611.31 Approximate tionery for net six earnings irfontbs on Sta .......... 50.025.44 Approximate 'months’ net earnings for six period ..... ........• ... r ’’ „ r x __ “- > net earnings for 12 months’ period....... ......$177,273.50 Boss 6 per cent on Preferred Stock • (To be paid) ....... .....13,500.00 Estimated net; profit for 12 months $163,773.50 This statement cannot be made absolutely accurate on account of the fact that we close our books only once each vear—March 31st. NET PROFITS BEFORE DIVIDENDS. March 31, 1920 •... . $66,253.28 March 31, 1921 March 31, 1922 . • • 57,631 10 March 31, 1923 (Estimated) ...... 163,773.50 CONCLUSION The future of the Southern School Book Depository is assured. It is a part of the ne cesary machinery for the carrying on of the educational interests of the South. It is going on to still greater service, greater influence and greater business. We believe that prospective investors can not find a more thoroughly sound and highly profitable investment than'the shaves of stock we now offer. They represent certain safety your principal, liaighly satisfactory income from your investment and a broad market for holdings. The fact that the original founders of this company, upon incorporation, took their liold mgs in this security indicates that no better, safer, more profitable investment is open to the investor today, 1 J Naturally any Investment assuring bu^e - 8 per cent and above” Will always find ® Add to this the compulsory buying of all school books, in a State that, has a compulsory educational la\4—and the popularity and suc¬ cess of the senool book trust is assured for¬ ever. The State of Georgia can publish its own school books, with the labor it has on hand in any of its penal institutions. It can train hoys in the useful art of print and none of this need come in competition with free labor always the red flag of pro when prison labor is urged, The State needs, now, to adopt any and honest methods to conserve her finances. and until some move is made to provide free school books, produced by the State itself, as a people we are helpless to lower the cost of free school education, or lessen the burdens nf the tax payers. 1 do not know bow long iho present ou¬ tract lias to run, in Georgia, with the S Bool; Trust. I do know that there will be no question for discussion- at this or the regular leg iUative session that will mean as much to the people of the State. Women! Get busy; make it less a tragedy for )our chilren to receive The education they are entitled do. and make it impossible for any other Governor of the State of Georgia to 'main side step this most important plank in the political platform which lias put in office many of-litem, Note the fivi vear clause in other words, the contracts for the scliool books of Goorgi i are determined for five years, whim is must assuredly a splendid, profitably deal for this * 111>1, Reams.might be written on the subject, but the text-matter of the concern itself, added to ill- fact that school teacher- and officials act as agents in the sale of the stoek should he sufficient. ARTISTIC AND EFFECTIVE JOB PRINTING. lowest Piicss Consistent With First Ciass Work. SEND FOR PRICE LIST C. E. ATKINSON, P. O. Box 423. THOMSON, GEORGIA. A Liffle “human” Story. * It has never been mv habit to tell wlien I have been favored by fate to do a little thing t 0 help any one along. Tramps always have had for me a pathetic interest; loving a home as a ca t does, I have never been able to un derstand why some people—men at that—will deliberately leave comfort, friends, cleanliness I and all the other things which represent an ,j wander in strange places. looki And there are tramps, and some who jj^e tramps, but are not. Such a one was the ; young chap I saw on the train, son* months] ago, when T was coming from Atlanta to our ii tt le town; it was a night train-left Atlanta a t nine-something, and reached Thomson after midnight, and Augusta, its terminus, in the oarlv pla“s moraine Sr We had sfations?and stopped several times than I finally be an to note the actions of a very fat man, who lisped, and who had what was nearlv blew a pair of crossed„eyes. He puffed and up and down the aisle, and once when lie passed mv seat he said—speaking to some one at the other end of the car__“We nearly got him that, time”; but the train went on and the excite ment died down until The smoker of the ear ahead was visible from the day coach in which ] sat. and f no ticed there was quite a bit of commotion there; the fat man with the lisp and the crossed eyes had evidently gotten off the train at the back, and whatever it was he had been chasing was I was travelling alone; I have a lot of cu¬ riosity, and finally the actions of the fat man were too much for me; craning my neck nice for¬ ward T could see the conductor—a old man. T and could lie stand looked it ^worried. longer, and went for¬ no ward; then 1 went into the smoker. The situ¬ ation soon was explained. A young chap about twenty-two or three years of age, in a P air of wel1 worn overalls, with no hat nor cap. * lth a shirt °P ened at the neck showing clean. healthy skim looked but a neck that was too bony; ' ,ands that like those of a chap who was used to working—and a manner that was not defiant, hut afraid. I asked what the trouble was. and was told: the young chap had been caught stealing a ride; if he could not pay his fare, he would be placed under arrest, and when he reached Au¬ gusta, he would he handed over to the police, tried, convicted of a certainty on the testimony of the fat man who turned out to be the rail¬ road ’a detective, and of course made to .serve a sentence on the chain gang. And he had no money. 1 have a son. I don’t always know' where he is; he is the only child I ever bad, and maybe I didn’t know how to manage him when I was “raising”'him, hut ibis I can say: I tried. Maybe, i some day, would he might want to get back 0 me, and he not for a ticket) so I did what i’ l man may do for him, if l N cliflff strait: I paid the way for this son, and I took him to ray home. I did not intend to tell any one, but in a small town all things become known; and when I sent the young chap on to the parents he I was jollying trying to reach, I had to stand a good bit of about my “tramp,” and I have had several facetious inquiries about him. It is true, the affair was several months age; it was also true that I did not hear from him, nor his people, but even at that, I was satisfied- He had “been across,” In the War, and maybe spending a little money on a rail- ; road ticket for him, was just a shade higher in ethics than pound spending a lot of money -to see a slacker in the face of a half breed, as so many of our best folks did a month or so ago. j But the unexpected some times happens, i have heard from my young chap, just to make those of you. who may hesitate: some -time, when a similar case will come up feel that “taking a chance” isn’t such a risk, f am letting you read the letter. Dear Mrs. Lytle: Guess you think I have forgotten you. but I haven’t. I have jus,t got settled down. Now 1 have got a job- I get $120 per month. Just got started to work last month. ! will be able to pay you for what you did for me in a few days. I can’t ex¬ press bow much 1 did appreciate what you did for mo. Now I have had lots of bad breaks since 1 saw you. 1 got home, OR. C. A.'YARBROUGH Is the author of the “ROMAN CATHOLIC CHURCH CHALLENGED” 4 a hook of 410 pages. Read it and you will better understand why he is being {persecuted' in the courts. Price oi Cloth $1.-50, paper SLOG. Order direct from Dr. C. A. Yarbrough, 506 Citizen & Southern Bank Bldg; Macon, Ga. and my people didn’t care to see me very much, except my brother. He helped me out all right, and I have paid him back. I have a job now and I am going to pay all that I owe and I guess I will be here a long time for I-eure have had lots of trou¬ ble. Will send you what I owe you as soon as J can. Many thanks to you. I hate to send you a letter unless I could send you the money. Please let me hear from you. May I remain, as ever, A FRIEND. P. s. 1 haven’t hoboed any more. Some how I didn’t feel that bis people were going to be very glad to see him—folks with large families ‘usually are chaiy wel¬ coming home a failure. But you see, my chap is making good: he has a job. and even if he doesn’t pay me for weeks and months, he was square and honest, as 1 thought he was when I saw.him. and I am satisfied. Fin not giving his name, nor the place he has written me from in Pennsylvania—but it makes me foci good all over to know that hu¬ man nature, by and large, isn’t as bad as we may some times feel it is. For. ray son—with all his failures and his wanderings, I will always try to help the son of another mother, and it would do me good to know' that some of you who read this will feel like making a sort of vow to yourselves, that you too will lend a hand, when the world looks darkest to a trying young chap, who may be just' another boy, to “heat his way back home.” Immigration Of The Southern Negro . (Continued from Page Three.) There must be some one to blame for this horrible condition. In all that has ever been written of flic South in slavery days, was there ever anything like this? These people were lured from sur¬ rounding they were familiar with; from people who understood them, and are patient with them in their failings. They are looked after, when ill, and in their own sections and dis¬ tricts, they have their own standards of living —which are never as loathsome as this finding of the Washington professor. It lias been amazing, shown the patience the aver¬ age Southern paper has when the Nor¬ thern press has flayed the entire South, for an outbreak, or a lynching—which will he al¬ ways the form of punishment, for that one crime it follows. Education of the. negro lias cost the South thousands of dollar^ since the War, and they have responded to their opportunities. They have built business enterprises of their own, they have brought their own churches and schools to a high standard, and if any fault can found with them, as a people, it is their in ifference toward their own race. been All with of their aid progress of and development has the those white people who saw the need for education and advancement as part of the changing orders. In this, the whites have been most generous and patient, had the negro leaders taken as much in terest, in their own. as they should have, there would not now be the tragedy in the Northern an ? ^ ©stern States among the negroes, as the na ’b‘ P a P ers record, Bad the white people of the South tri id to stop the the emigration of the negroes, the en tire Northern press would have foamed at the mouth, demanded freedom of th<j race, and so on. calling in all the old abusive tactics which have been their stock-in-trade for so mativ years. The average Northern editor’s ac¬ with thr negro is confined to the Pullman porter and the flashy yellow waiter the hotels and resorts. Of the negro far mer. he knows very little, and cares less, and is this class which was carried off by the Specious promises—and which is now begging / to come hack to the farm in its Southern home. No—we never have, in the South. even in the turpentine camps, the conditions which the Johnstown Mayor has uncovered in the State of Pennsylvania. BARGAIN FOR SALE. Ten acres of land in cultivation, seven room house, good barn in Douglas, Ga. See or write B. L. DAY IS, Douglas, Ga.