Timpson Daily Times (Timpson, Tex.), Vol. 32, No. 20, Ed. 1 Saturday, January 28, 1933 Page: 1 of 4
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Timpson Daily Times
; 1
VOLUME 32
TIMPSON, TEXAS, SATURDAY, JANUARY 28, 1933
NO- 20
ITTINDS SEKM-
MITT MEETING
irsiwiE
Messrs. S. C. Espy, E. H.
Hebert and Dr. G. E. Hairston
attended the seven-county dis-
trict organization meeting at
San Angustine Friday and
report a large representation
in attendance from the seven
counties of this immediate sec-
tion.
R. S. Sanders of Center was
elected chairman of the or-
ganization.
Improving the marketing
facilities of this section, parti-
cularly the pooling of sur-
pluses and "odd lots" to make
car shipments, is one of the ob-
jects of the organization. For
instance—as pointed out re-
cently by county agent Scur-
lock—one farmer at Timpson
might have several hampers
of pepper, or several bushels
of onions, but not of sufficient
quantities to make car ship-
ments; farmers in the othefi
counties might be confronted
with the same condition, but'
through organization all could
pool their shipments and make
up a car, to obtain advantage
of freight rates.
Those attending the meet-
ing Friday were enthusiastic,
and believe with the proper
co-operation that the organiza-
tion will prove of much bene-
fit to this entire section.
REV. JOE C. SULLIVAN
SHIT SMB
mil CHIMES
IN TIPS®
NORTH SIDE BAPTIST
CHURCH
Sunday school 9:45 a. m.
Morning worship 11 a. m.
B. Y. P. U.’s 6:30 p. m.
Evening worship 7:30 p. m.
The subject for the morning
hour will be: “God’s Call,”
and the subject for the even-
ing hour will be: “It Is Finish-
ed.”
We hope that every mem-
ber of our church will be pres-
ent tomorrow. Plan to be
present at all the services. We
need you and you need the in-
spiration and help that comes
through Bible study and wor-
ship. Visitors always wel-
come.
L. S. Evans, Pastor.
WILL BEGIN REVIVAL
AT GARRISON |
Rev. Joe C. Sullivan of Day-
ton will begin a revival at Gar-
rison Sunday morning at Cen-
tral Baptist church. The meet-
ing will continue all next week
and a cordial Invitation is ex-
tended to every one. The vis-
iting evangelist will be assist-
ed by the local pastor. Rev.
Geo. Thompson. The song
services will prove a pleasing
feature of the meeting, accord-
ing to C. R. Currie of Garrison,
who favored the Times with
this news item.
FIRST CHRISTIAN CHURCH
Bible school assembly 9:45
a. m.
Communion and preaching
service at 11 o’clock. The pas-
tor will preach on the subject:
“What Jesus and His Church
Are For.” Let us all try to be
in our places. A little cloud
may shut out the tight of the
sun, but not the light of our
Lord.
Christian Endeavorers at
6:15 p. m. Senior topic: "What
Good is Our Church Doing?”
Matt. 5:1S 16, Glenn Bussey,
leader. Junior-Intermediate
topic: “Serving Our Church,”
Louise Morgan,' leader.
Both societies are observing
Christian Endeavor Week is
honor of the beginning of the
movement, 52 years ago, by
Dr. Francis E .Clark, at Willia-
ton church, Portland, Maine,
on Feb. 2. 1881. They invite
their friends to celebrate with
them. Th.y will have charge
of meetings next Wednesday
and Friday nights, as well as
their Sunday night sessions.
At the 7 o’clock worship
and preaching hour we are to
have a visit from Mr. Tom
Dean of Jacksonville. Brother
Dean is pastor in Jacksonville
LARGE PURSES FROM
LITTLE SAVINGS GRONir
mmmm
THE KEY TO FORTUNE
The biographies of the wealthy men
of America of the past and the pres-
ent invariably indicate that the
roots of their fortune were nourish-
ed in the fertile soil of small sav-
ings! Admire or disparage these
men as you will, the facts remain
the same. Personally they may
have been great, or small. But it
was through small savings that
their fortunes were started. . . .
You, too, through systematic sav-
ing, will grasp the key to fortune.
COTTON BELT STATE BANK
“THE OLDEST BANK IN SHELBY COUNTY”
I‘robe Stock Market
"First Lady” Secretary
lrTtag Bus Oopot Netr Took,
Major Walker iansMgrtkn, hu bon
appointed to roaduct Um Senate
Basking Committee i«-eati|*«Seo of
*• H. V. Steak Market
Thinks Pay Too High
Maa ktairima ThoaMB o* New
York, win be the ofSeiel aecrekary Co
Mr* Franklin D. SowereS when
the latter takaa ap her datiaa ta
“ ink lady of the land ” as Uanh \
Cucnaamaa Act Terry Cages,
tea ef Nebraakae asn
■alary la too math ask p
jbs
tatnepieteis
of, the people's sad* Be pm **
Waafcia*teaes Maeeh fc.
and a business man as well. I
have been wishing for him to
come several months, but this
is his first opportunity. Let all
of our church people try to
bear him. The public is in-
vited.
H. E, Luck, Pastor.
METHODIST CHURCH
Services for tomorrow:
9:45 a. m. Sunday school.
11 a. m. Morning worship.
7 p. m. Evening worship.
Heal D. Cannon. Minister.
SOUTH SIDE BAPTIST
. CHURCH
Sunday school 9:45 a. m.
TEXAS TEXTILE
HALS 5
Austin, Tex., Jan. 24.—Tex-
tile mills closed the year 1932
with several evidences of im-
proved conditions, according
to the University of Texas Bu-
reau of Business Research. In
the first place the rate of de-
cline in production for the year
1932 has not been nearly so
great as that for previous
years; for example, total pro-
duction reached 45,962,000
yards for 1932, a decline of
1.8 per cent from the 46,822,-
000 yards produced the pre-
ceding year. But 1931 show-
ed a decline of 15 per cent
from 1930, and the decline for
the preceding year was 29
per cent.
In the second place, unfilled
orders at the close of 1932
amounted to 5,893,000 vards,
the total since the close of
1929, when bookings totaled
7,032,000 yards.
December activity was char-
acterize 1 by a seasonal cur-
tailment in production. Al-
though isualiy unfilled orders
and sales also decline during
December, In 1932 there was
an increase In both of these
items.
Dormitory Room
Rent Reduced at
Texas A. A M.
College Station, Tex., Jan.
28.—Reductions in dormitory
room rent and maintenance
fee at the Texas A. & M. Col-
lege totaling 824 a term, or
$6 a month, to the student,
have been authorized by the
boare of directors, effective
with the opening of the new
term. Jan. 30th, President T.
O. Walton has annuonced.
This action has come about,
President Walton explained,
through the desire of the board
to keep expenses as low as
possible for the students,
many of whom are working
their way through college.
X STilDttKT EMM
GQUSMHS
The Times is in receipt of
iefter from Congressman Mar-
tin Dies, Second District of
Texas, in regard to a bill
which he has just introduced
in the Congress of the United
States. Mr. Dies statement is
fully explanatory and is pub-
lished in full:
"I have introduced in the
House of Representatives a bill
authorizing the Secretary of
the Treasury to purchase silver
bullion at the market price of
silver when deposited, and to
pay for same by the issuance
of silver certificates which
shall be made legal tender and
accepted at their face value
for all debts and dues, public
and private, of every nature
and description. These certi-
ficates will be redeemable in
silver or in gold, at the option
of the Government, or in silver
dollars, at the option of the
holder. The Secretary of the
Treasury is directed to pur-
chase silver bullion until such
time as every sixteen pounds
weight of pure silver snail be
of equal value in aii payments
as one pound weight of pure
gold. The bill also reduces the
present contents of our gold
dollar from twenty-five , and
eight-tenths grains to seventeen
and two-tenths, or a reduction
of 33% per cent.
Necessity for Such BUI
‘This country is staggering
under a public and private in-
debtedness in excess of 230
billions of dollars. These debts
with interest and with taxes
and other fixed charges, have
to be paid in dollars which
have suddenly increased in
value—in a dollar which now
requires six bushels of corn
instead of one; three bushels
of wheat instead of one; five
pounds of cotton instead of
one; and ten shares of the U.
S. Steel stock instead of one.
The dollar under these condi-
tions has increased in terms of
wholesale commodities 56 per
cent above the normal pur-
chasing power of the dollar
for the years 1931-1929, as as-
certained by'the U. 3. Depart-
ment of Labor. On account of
the increased purchasing pow-
er of the dollar this indebted-
ness, in terms of present com-
modity prices, is in excess of
400 billions of dollars; and
farm mortgages, fixed at nine
billions, have in the same man-
ner increased in excess of 18
billions. The purchasing pow-
er of tbe dollar, in terms of
standard stocks, has increased
400 per cent, and in terms of
special stocks, 1000 per cent.
The cause for the increased
purchasing power of the dol-
lar is the contraction of credit
and currency. About 90 per
cent of our business is trans-
acted with checks, which take
the place of money, and act as
the medium of exchange. The
demand for dollars exhibited
by checks cashed in 1929 has
fallen from about one trillion
two hundred billion to 600 bil-
lions last year.
“Of the 5 billion 500 mil-
lion dollars in circulation, so-
called, about 500 millions is
abroad or lost; 1 billion 600
millions is in hoarding; about
800 millions is in the banks to
cash checks; about 1 billion
150 millions is estimated to be
in one million 250 thousand
ships and stores—leaving
about 1 billion 400 millions in
the pockets of the people, or
about 812.00 per capita.
What This Bill W01 Do
"First This bill will restore
the normal purchasing power
of the dollar and raise com-
modity prices. This will en-
able farmers, home owners,
and all classes in debt to re-
turn to their creditors dollars
whose value and purchasing
power is the same as when
they were borrowed. This will
enable the debtors to save
their homes, their farms, and
property. Otherwise millions
of people are losing, or threat-
ened with the loss of, every-
thing that they possess.
“Second. This will increase
the price-of farm products,
and enable the farmer to pay
his debts and taxes and get
some fair returns from his in-
vestment and labor. After the
war, France increased the
quantity of her money five
times and her farm commodity
prices increased six times- This
enabled the French farmer to
pay for his debts and operate
his farm at a profit. Every
European nation has had to
take this step, and although I
do not propose to depreciate
the value of the dollar below
its normal purchasing power,
I do say that the debtor is en-
titled to return to his creditor
a dollar worth no more than
the dollar he borrowed.
"Third. This will benefit in-
dustry and labor by reducing
(Continued on Pare 4)
OIL! THE Hit
OOrS FHH ft WIT
JfCIJTTttES
City tax payers have only
three more days in which to
pay their taxes for 1932 before
penalty and interest is added.
Out city tax rate was recently
reduced, the reduction being
based upon the idea that city
taxes would be paid, and un-
less payments are made, it is
doubtful whether the reduc-
tion can be main tamed. Help
keep the low tax rate by pay-
ing your taxes before Febru-
ary 1st
Z, B. Ramsey is collecting
city taxes at his store and is
ready to issue receipts.
J. D. Hairston, Mayor.
“For age and want
save while you may,
No morning sun
lasts the whole day”
The program of thrift as prescribed na-
tionally is so sound that every citizen can
well afford to study its recommendations
and practice its tenets. The simplicity
of Benjamin Franklin in his achieve-
ments is well selected as the pattern for
the practice of thrift and this institution
endorses the ideas and the ideals of the
activities. This bank is founded, equip-kf
ped and in its experiences is well quali-
fied to assist those who will need finan-
cial activities based upon Thrift Week
practices. .. . Please feel free to call up-
on us for autogestions and plans for carry-
ing out the Thrift program you may se-
lect for yourself.
GUARANTY BOH®
STATS BARR
i
FINERAL HELD FOR
IS. (.1. WES
Garrison, Tex, Jan, 27.—
Thursday afternoon from
the Methodist church in
Garrison for Mrs. Ollie Parker,
49-yea»-old, wife of G. W.
Parker. Her death was caused
from accidental drowning late
Wednesday afternoon, her*
body being found by her son in
a small pool of water near the
residence. Rev. George
Thompson, pastor of the Cen-
tral Baptist church, waa assist-
ed by Rev. W. C. Koonce of
the First Baptist church, and
Rev. T. D. McCreary of the
Methodist church.
Mis. Parker is survived by
her husband, G. W. Parker;
one son, Jack Parker; six
brothers: B> F- Hartt, J. E.
Haiti, Dr. G. W. Hartt T. S.
Hartt A. H. Hartt and Gilford
Hartt; four sisters: Mrs. H. L.
Shepherd, Mrs. C. A. Stock-
man, Mia. Say and Mrs. R. W.
Halt and a host of other rela-
tives. Her untimely death la
mourned by a great number of
friends of the family in this
community.
i‘
IMM
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Molloy, T. J. Timpson Daily Times (Timpson, Tex.), Vol. 32, No. 20, Ed. 1 Saturday, January 28, 1933, newspaper, January 28, 1933; (https://texashistory.unt.edu/ark:/67531/metapth767251/m1/1/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Timpson Public Library.