The Pickens sentinel. [volume] (Pickens, S.C.) 1871-1903, 1892-07-07

and Listens Quietly to the Speakers.
MARION, S. c., June 29.-The meet
iny at this place today was attended by
1000 people, Il good ma aorlty of whom
seemed to be III favor OF the admlnistra-
ZION. The meeting was presided over
by County Chairman j. ID. Montgom-
cry, and was opened with prayer by
Rev. j. S. Beasley. Ex-Gov. Sheppard
was first introduced and made capital
speech. lie renewed his proposition on
behalf Of the Conservatives to request
each county executive committee to
have two OF Tillman's friends and two
OF Sheppard's at every precinct iii the
Statc. Inasmuch as Governor Tillman
had warned his friends at Conway to
and keep the tally lists, lest they should
name ''Sheppard and Orr'' when it
should be "Tiliman and Gary" he
challenged Governor Tlllman to enter
into this agreement. The speaker made
some remalks about The strife and dis
cold eDgendered by Candidate Tillman.
Recently the Register had said the Gov.
trnOr Couli not afford TO indulge in
enthets. Il concur iii that" said he,
~ wish that two years ago Governor
Illlman had obeyed this Injunction The
Register imposes upon him."
GoyernOr Sheppard here referred to
the fourteen years of clean government
since 'IG. saying that the State has not
lost dollar, aud there was only one in-
stauce IF any arreara9e, which was
promptly settled. Yet here is sample
oi the epithcts i'll which Governor Till
man inGulgcd in two years ago against
the people who had thus faithfully pro-
t.cted your interests. 1t was hoped
Mat the day for "addition, division and
slcncc' liasscd away forever with
CbambtI lam and his crew; but circum-
s'antlal evidence points in alother di.
1c ;tlOn, and again we can never hope
tr letorm Or proper regard being paid
to our wishes as long as VIC send politi-
cal harlot8 and howGy-do statesmen TO
make cur laws for us, and he (Tillman)
declared that he could put his hand on
more sores, leaks and inciplent rascal
lly than he could enumerate in two
hours. i there any justification for
such talk: Can you men Of Marion
point 10 4 single individual to whom
that will apply? Tillman has not
proved II, and he tells you that these
are State things, that have beon settled.
No, The people will never forget or for
give such charges unless the proof is
brought. All the perfumes of Arabia
will not swcetcn the bitterness which
these charges engendercd; all the waters
Ol Neptune will not wash clear the haud
of him who makes such charges without
proof. The consequence is that people
are
the Sla!e. sstOn had
sent some OF lis money out of the State
because il was assessed higher than
other property.
The speaker asked Mir. Ellerbe if he
instructed the auditor of Newberry 10
raise tue assessment Of The bank there.
Ellcrbt: No, Sir.
Sheppard: Did tho Auditor?
Ellerlc: Az The request of a bank
president gave instructions TO the Au-
dltors as 10 What bank assessments
shouab be. This circular was as follows:
Stcli0n 1913 OF the General Statues
provides: ''All shares of stockholders
III any bank or banking association To-
Gated III the State, whether now or here
after incorporated or organized under
tie laws OF this State or the United
States, shall he listed at their true value
in money"
Auditors will notice that no bank or
banking association is exempt under the
provision Of this section, whether organ
lied under the laws Of this State or of
The United States, and doing BUSINESS
III tlits State, and Auditors arc especially
charged with the duty Of having "all
shares Of stockholders in any bank OF
banking ASSOCIATION listed at their true
value in money.n
True value in money" of shares of
any bank or banking association can be
nhcrrtalned approximately under the
provisions OF the provIso of Section 1913
and Sections 100 and 202 taken together.
Section 1913 provides "that the words
true value IN money, as used in line
three OF This section. shall be 50 con-
strued as to mean and include all sur
plus or extra moneys, capital and every
species OF personal property of value
owned or III possession OF any such
bank"
Section 100 requires the assess ment
OF real estate after the same manner as
that OF Individuals. That is, that it
shall DC returned and acted upon by the
township and County boards of cquall-
zaClon just as the real estate of indiyi-
dua's are now returned and assessed.
Section 2O2 requires the Auditor to
deduct the amount of value of real es-
tual total value of the shares in any such
bank Or ba liking association.
These provisions clearly exempt call
surplus or extra Moneys" and every
spc1les OF personal property o! value'
and all real estate owned by banks or
banking associations from taxation dir
ecL, but arr taxed in premiums IS these
81 llems go towards making the premium
On shares.
Section 200 requires banks or bank
iLg associations TO be open during Office
bours TO Tie inspection of County Audi.
tors Tor the purpose oi asccrtaining such
hiofmatlon as may be necessary for
taXation OF assessing tue value of such
shares OF any bank or banking associa-
LlOn.
ID order for bauk presidents and CASH
lers TO comply with Section POI blanks
have been prepared by this office and
will be sent to Auditors when peedod or