The news and herald. (Winnsboro, S.C.) 1877-1900, 1881-11-29

r,,r:, iIru,;r ul.;;itilS costs the farmer
.wa.!iv-fire per cent. twelve Ei'HS:''
~ :l,.; ro.c would cost LIN seventy
tive Per cc,:;. 1cT o""nm. Tins result
j. .ii:tccn yer c""t. neT chh"h 'e~S
-ti;au r,E r:l:cuiatIoI-as ilc: calculates
at ciyht months. and al six. Now Us
tot;c time of the lien. Rover knows =.
tint many 'lIens have been gwen lot
Js<<,ime than six months. and III past
Years ,ranv h;tye been given Ter SIX
nnon.j,$: and lie must know also tna'
many OF our merchants Ill tn:!f'e>,"''
and Columbia. as well a$ III " i'i'iS'o-
.ro layc refused 10 make any advances
tnu;il Arril-u Iiav. ain Wiling 10
.,,jr;it. however. his eight nlu"thS s:s
r,,n lime NOW, :,,.l tI;iS admission vii:
"r,ble re 10. tt,rn his own gun against
him, For ifhiS eight months be cor
rrrt If will 90 to establish one point
have been c.,ntcn(iinY for, that the
lnngcr the Lien Law exists the poorer
t &c farmers become. and rs Il COILS
qucHcr the longer time they nced 20 DC
furnished with supplies. Eut lsoVei
. says the lien arrangement is i tr;lnSac-
tion to furnish supplies fora year. 40
t eight months make Il year: DO any OF
Our merchants. furnish our farmers
with supplies ON Zen for twelve
months? Whatever Technical terms
the merchants ma, Use. it is generally
!, best to call thugs by their right names
g But Rover says the Twenty-Five pc,
J. cent. ab,n;c cash prices lis not ;
monthly interest to be multiplied b,
: twelve TO determine what interest
: farmer may pay if he gets some OF ~
d goods one month, prior to the explra
S3iion ,of;ssshe )ietSs Very: well ail
ssSslsger: < . aud srl.n
s csalsssslstf tfilg the interest for q month 20
tweIye islshsl Then there as II
IA such fliils as stteaquation ofti,pc, an
.::a tleresore9 psNnaents: There. is. II
+ ,saJt inSasasceTtaiiig .the megntini
,. trs: :a,aeiincfits. We %In1sts.Aot carr
IS Eep;enssscs to :theif legitimate conclr
sions8at MIST sfopfigbt where lS Rove
telsSussto stop! Be- itnso; rs Rovc
- prelafea for the otlsFtsSrn of the d
: irmna?. The f:elIiess$ns:a lien tl
;: I ciylt tnoatiis, and '6ne:. month kefol
~ the lien expiresabe obtains: say, tt
1t last twenty 54lei5 worth OF supple
~ Then on this tES 5A6llars' worth {
- supplies Ike pays SesH.sei@hths OF 4!
c twenty-.tiSfee l,s.. cent? 5ore lie gets a
lc That is. liz. pays: ,$even-eigllrhs Of twe'
to tv-tive per cent iw=hile itis lying in II
= u i;,rIs'n"s i;,rnerH sav ioAisy but Rover a
a. tennis TO make ny calculations loc
at l,rit;icuIo,rs by intiiiiat!ng ,t!iat Il u
rel time in an ambiguous SeEsc-mcanll
70 one, thing in one premise and anoth
thinga,l another. a use time only
ne 8 direct relation 70 interest or ,di
i count. In any other relation it Is TO
he .cign to the discussion. Would: Boy.
y in calculating interest On an alnou
=: s.remaininy in trade, say. for: to-
II n months. calculate the interest OF Il
time il. took him to go from Hinsbo
10, Columbia? No, MI. Rover, v
can't let YOU mystiEy this r,atter u u.
cloud Of dust and smoke. The prH
e. plcs upon which ! made my ca.cllll
&C. tion are we'll established. and wcHre
II, oenizcd. fl know the interest 1
:. four months can ascertain what
p would Le at that rate for twelve, yo
lis prohibition to the contrary notwit
"a standing. If Rover will look on
70 shelf TO his right as lie steps into,
y, ~ he will find q book with SANFORD
'lc name on ii:e back, on page 216 Of win
lis he will fiMl the rule by which ootal
re- cd the mean time, and ihe other, by
81 statement III simple proportion.
Whatever difference of opinion m
Fo exist, one fact is admitted on all sid
ile -.+hat the farmer loses twcnty-il
EsssSSsats onscvegy dollar III this buslnc
rs, n esEsssson, Mcs..rs- Es.1ff.sess-
er- thiak tlras.IIssTsr: with the good SC,
for alu, paner:aI sa4ar,nation that supp:
f5Jr him e ;,5ssess: wiii1 oh mature dei
ls> cra:i,n find that h" has been Il III
~ too roriag. and that he would III
DE written better with little more reg;
if for the Archbishop ofDuhlin. II;
,al nothing to do with his motive for WI
., holdinr his l;a,ne. but | really Call
!'' ;. blame him for his unwiliingncss
''a- publicly assume the paternity OF
ort;clr u. L. CoELEY