Timpson Daily Times (Timpson, Tex.), Vol. 37, No. 181, Ed. 1 Monday, September 12, 1938 Page: 1 of 4
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—that's what you enjoy when you
have money in the bank. No need to
worry about where the next dollar
is coming from ... merely write a
check or go to the bank for needed
money in your day of adversity—
—that's SECURITY.
Make it a habit to deposit
your earnings. Open an ac-
ccount with us an add to
it regularly.
It's a pleasure to this bank to serve
you.
THE OLDEST BANK IN SHELBY COUNTY
Timpson Daily Times
VOLUME 37
TIMPSON, TEXAS, MONDAY, SEPTEMBER 12, 1938
NO. 181
Mayor Hebert Gives
Information About
Proposed Bond Issue
World’s Greatest Sea Monster
To The Property Owners of
Timpson:
Because of the numerous re-
quests for information in ad-
vance of the revenue bond elec-
tion, and with the consent of a
majority of the members of
the City Council, I wish to
give you a few facts in order
that you may more intelligent-
ly make yonr decision on the
matter of the revenue bonds.
Due to an illness that will
8100,000.00 and has a market
value of about $150,900.00.
Then there are a number of
major items of expense that
have come out of earning!
from the light plant. Including
the $25,000.00 that the city
spent on paving the square we
have spent about $40,000.00 on
street improvements of a perm-
anent and semi-permanent na-
ture. There are many minor
items that we will omit, how-
ever it is necessary that we im-
probably cause me to be out of, derstand where the money
town a great deal this week I j comes from that enters into
am writing this today. j our daily lives such as our daily
I will make no attempt to garbage service, our cemetery
burden you with any statistical and park upkeep, street im-
matter, in fact I do not have provement and upkeep, main-
the time to get it up prior to! tenance of fire department and
the election; however I do ' equipment, sanitation including
want to review a few facts that
I deem to be important.
Since the city was incorpo-
rated it has, or rather you have
voted about $120,000.00 for
civic improvements, of this
amount we still owe about $80,-
000.00. Deducting from this
the amount held in sinking
funds leaves the City owing a
net balance of about $70,-
000.00. Of this amount we
owe in bonds against the light
plant about $22,000.00. I men-
tion this in order that you may
have a-statfting point-in fi|
ing whether it is advisable to
vote more revenue bonds for
the light plant. Since our first
investment in the light plant
was $30,000.00 in 1921, we
have spent in improvements,
extensions, and betterments ad.
ditional funds out of profits un-
til now the light plant proper-
ty will inventory in excess of
$100,000.09.1 mention this be-
cause a number of people have
asked me what becomes of our
light plant profits. In other
words the property that cost us
an original outlay of $30,000,
and on which we still owe $22,-
000, will Inventory more than
the fight on mosquitoes, traffic
signs, etc. These items com
bined cost the people of Timp-
son about $4,000.00 per annum
and since there are no taxes
levied nor collected for the
above mentioned purposes the
money for them must come
from the earnings of the light
plant. These are things that
we have that most other little
towns do not have. If you
think they do make a list of
(Continued on Page 3)
STITl DEMBCRHTIG
MENTION MEETS
fit IEIUMOIIT TUESDAY
Political leaders, delegates
and visitors are gathering in
Beaumont today for the Demo-
cratic State Convention which
convenes in that city Tuesday
morning.
Advance information from
Beaamont states it is practical-
ly certain there will be no
fights over controversial issue
in the shaping of Governor-
elect O’Daniel's platform.
COLUMBIA RIVER, Ore.___The enormous cigar shaped bundle of
legs above is one of the famed "Benson Rafts" which are cargo and
carrier In one, making huge tarings for lumbermen. These lumber
rafts now go over 1.10C miles on open Pacific, averaging 73 miles per
day. Each raft carries about 5,000,000 feet board n
equivalent of 250 houses.
Men Against The Sea
POUGHKEEPSIE, N. Y. ... Not slaves, beodin* tortured bodies in
•a iKoman galley, but able-bodied seamen of the Queen of Bermuda
©X the Furness Bermuda Line training outside of Poughkeepsie for
the euTuing International Lifeboat Race. The contest staged annually
in Netv York Harbor for the past eleven years, Is the Olympics of the
Sea for the crews of the transatlantic liners of the world.
TIMPSON sms
mums
UNIVERSITIES UNO
COLLEGES
I VliS SILLS OF COTTON
CUES IN SHEE8T
TO SEPT. 1
Washington, Sept. 12.—A po-
litical angle which has been
largely overlooked, but which
definitely figures in the split
between the two wings of the
Democratic party has been
brought sharply to the front
by the primary campaign of
Senator Ellison D. (Cotton Ed)
Smith of South Carolina, That
is the racial issue which the
South refers to as the "Negro
Problem.”
Probably nothing has so
aroused the antagonism of
Southern Democrats toward
the New Deal, not even the
invasion of state rights by-
Washington, as the successful
efforts of the national party
organization to swing the Ne-
groes of the North away from
their traditional allegiance to
the Republican party. They
have been converted into
Democratic voters, and old-line
Southern politicians do not
like at all the idea of accept-
ing them as political comrades.
"Cotton Ed” in his cam-
paign for renomination made
the most of the slogan of
“White Supremacy,” and his
opposition to the Federal Anti-
Lynching bill in the last Con-
gress. While he has been more
vocal in public on the subject
than have most other Southern
leaders, there is no doubt that
the friendliness of the Admin-
istration’s supporters toward
the Negro as a voter, rather
than as an object of charity,'
has much to do with the Anti-
New Deal sentiment in the
party in the South.
Party Rift Widening
All the reports reaching
Washington continue to indi-
cate that the rift in the party
is widening. The latest bit of
Capital gossip is that the dif-
ferences in outlook between
the President and the Vice-
President have reached a
point where Mr. Gamer may
take a public attitude of oppo-
sition to the President almost
any day, if occasion offers.
If that situation should de-
velop, which it is not likely to
until after the November Con-
gressional elections, the anti-
Administration group in Con-
gress would be materially
strengthened. Mr. Gamer has
a very large personal follow-
ing in both houses of Congress.
If the elections result, as ex-
pected, in a material reduction
in the Democratic representa-
tion in the House, and an in-
crease in the proportion of
anti - Administration Demo-
crats, the nation may easily
witness a hand-to-hand strug-
gle for personal control of Con-
gress between the President
and the Vice-President of the
United States.
Such an open break would
not only accentuate the battle
for party control in 1940, but
would have a powerful effect
upon legislation by the 76th
Congress. The issue between
the Administration and its op-
ponents inside the Democratic
party is a complicated one, but
in the main it is one of expand-
ing or contracting government
expenditures. !
There is little hope or ex-
pectation that the Federal
budget can be balanced by
1940, so the question becomes
one of whether to meet the
deficit by further borrowings
or by increasing taxes and re-
ducing expenses.
There are political reasons
why it is not likely that the in-
come-tax base will be broaden-
ed by the next Congress to
levy on incomes of "uttie fel-
lows” who now imagine that
they escape taxation because
they do not see the toll which
the “hidden” or excise taxes
take from them.
Agricultural Problems
A plan which government
tax experts and economists fa-
vor, of repealing the manufac-
turers' excise taxes and sub-
stituting income taxes on all
(By Mrs. J. R. Nichols)
Timpson should feel justly
proud of the great number of
her young men and women
who are recent graduates of
her high school, and who are
setting out this week and next
for some institution of higher
learning to complete or further*
their education, and thus fit
themselves for the greater life
that invariably comes to those
who take advantage of the edu-
cational opportunities present-
ed by the colleges and univer-
sities of our state, and other
states of the union.
Among those who left last
week, and those who will be
going within the next few days,
are the following. These stu-
dents have graduated here in
our high schools within the
past two or three years at
most. Doubtless, the list is in-
complete, as we have no sure
way of determining the where-
abouts of every single gradu-
ate, although we have been at
some pains to locate as many
as possible. If there are those
whom we have overlooked, we
will take pleasure in adding
their names to the list in the
next edition of the paper, if
only they will inform us.
By far the greatest number
of students go to our own East
Texas door-neighbor coliege—
Stephen F. Austin State Teach-
ers’ College, at Nacogdoches.
They are: Laurie Franks, Ben-
nis Franks, Robert Ramsey,
Vernon Walters, Louise Pow-
ers, Sophia Childs, Rose Mai
Mills, Doris Hawthorn, Theo
McGee, Fannie Mae McGee,
Addie Belle Bogard. Lovis
Eakin, Bonnie Neel, Juanita
Crawford, John Bates, How-
ard Preston Crausby.
Those attending the College
of Marshall, Marshall, Texas,
are: Misses Irene Bailey and
Margaret Black, and Horace
Francis and Herschel Ramsey.
Miss Rebecca Taylor goes
According to census report
there were 2158 bales of cot-
ton ginned in Shelby county
from the crop of 1938 prior to
Sept. 1st, as compared with
4824 bales for the crop of
1937. A release of Sept. 11,
by Elvm F. Sanders, special
agent, Department of Com-
merce, Bureau of the Census,
makes the above information
available.
(Continued on Last Page)
to Texas Christian University
at Fort Worth, Texas.
Miss Arlene Black returned
to the Southwestern Baptist
Theological Seminary, Fort
Worth.
Arthur Horton is attending
Kilgore Junior College.
Miss Mary I,ee Parrish goes
to Mary Hardin Baylor Col-
lege at Belton, Texas.
Miss Leta Vae Brinson is a
student of Norton’s business
college, Shreveport, La.
Miss Pauline Tyer is to be-
come a student of a business
college in Houston, Texas.
Those attending the State
University for the coming year,
number Dan Bussey, O'Neal
Shepherd and Bertram Childs.
Miss Selma Goolsby is a stu-
dent of Nixon A Clay business
college, Austin, Texas.
Tyler business college gets
the two Crump brothers, Mel-
vin and MerveL
Miss LaMerle Swann returns
to Lon Morris College, Jack-
sonville, Texas.
Baylor University gets a fair
share of students from Timp-
son this session- Those attend-
ing are: Misses Mary Catherine
Bussey, Edna Merle Cramp
and Dorothy Crump, and Sher-
rill Bailey and John Bussey
Bym.
Miss Maurine Nichols will
enroll among the Floridians at
Jno. B. Stetson University, De
Land, Florida.
A. & M. College at College
Station will enroll Charlie San-
(Continned on Page 2)
FDIC KEEPS ROBBERS FROM
COVERED BANKS
Once Common Crime Now Almost Extinct As
Penalties Heavy
Bank robbery, once among the most numerous crimes,
has become almost legendary among criminals since
Uncle Sam stepped into the picture in 1934 with the pro-
visions of the Federal Deposit Insurance Corporation,
Clyde Hood, Assistant United States District Attorney,
said.
Once the top rang of the criminal ladder was occupied
by bank robbers. Today criminals regard anyone trying
such a stunt as either crazy or just wanting a one-way
i ’ ticket to prison or death.
"There’s a $5,000 reward on file that the Texas Bank-
ers’ Association offers to anyone who kills a person while
robbing a bank,” Mr. Hood said, No one has claimed
that reward since 1930.
“Provisions of the FDIC makes it a Federal offense for
anyone to rob a bank that is covered by this corporation,”
Mr. Hood said. “In the old days it was possible for a
man to rob a hank, flee to another State and have only
State authorities after him.
"Today the Federal officers trail him if he robs any
bank carrying this Federal insurance. There is a twenty-
five-year sentence and a $5,000 fine that may be assessed
for bank robbing. There is no case pending now and no
fugitive at large, he said.
Before the law went into effect, it was a common thing
for a band of thugs to ride in and rob a country bank and
be almost sure of not being caught by State officers if
they fled to another State, but not today.
Dallas News, August 28, 1938.
GUARANTY BOND STATE BANK
snrar
ts INsureE"
THE FEU. DEPOSIT MINCE CGDMTION
WASHINGTON, D. C.
$5000 Maximum Insurance For Each Depositor $5000
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Molloy, T. J. Timpson Daily Times (Timpson, Tex.), Vol. 37, No. 181, Ed. 1 Monday, September 12, 1938, newspaper, September 12, 1938; (https://texashistory.unt.edu/ark:/67531/metapth814079/m1/1/: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Timpson Public Library.