The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1899-11-22

4
seRds its money in October and
November TO it's city depository,
where II remains without interest till
the spring Of the year
Another great advantage to O
country bank 10 having q cotton mill
in its care, 10 the fact that the stock
owoed by the citizens of the town
and farmers near by affords such ex
cellent collateral Stock in any of
the mills ! have mcutioned. ia as
good collateral as government bond.
IL there 10 in Georgia q village cot.
ton mill which under proper manage
ment. aud has been kept up to date
10 oil modern improvements. whose
stock is not worth par. / do dot know
is Not 90, however, with some Of
the larger mills in the cities, where
high salsries. high taxes, labor unions
aud tramp labor have ruined their
profits When these advantages
which ,he villsgea have over the
cities in the manufacture of cotton
become fully known end appreciated.
the new mills will oil be located 10
villages and the country bank we'll
prosper 40 never before
Bot il is 10 the coostruction OF the
mill that the baoker can do the mos.
good for his comm unity, aud at the
same time reach . rioh harvest for
himself What Gao be better for q
eooptry bank. With one Of its officers
president OF 90 iocipieot cotton mill.
than TO hsve 10 its assets several thou
sand dollars OF subscription notes for
stock 10 the mill 90 which oos-balf, or
one third Of The amount has been paid (?
How oobly The bank can assist The
struggling mill bv advancing the cash
on solvent subscription notes! With
the cid Of tho local bank. mill can be
easily built 10 many y Gsoreis town
when without suoh aid . mill will be
20 impossibility.
To those present Who are interested
10 .bc upbuildiug Of their towns I
would cay. select the very best man 10
your community and au,horiss bin to
cay to your people that tho 6aok will
advance the money OF . low rate of
iotsres: on their subscriptions to mill
after oos.shird hss been paid. You
will be surprised to see how oObly they
will respond.
Not many weeks ago. . banker 10 q
Georgia town suddenly swoks to the
fact that the manufacturing towns
ssouod him Were outssripp,og his own
town. and determined to build . cotton
mill Y He appealed 10 vain to the ouly
wealthy mao in his toWo to subscribe
After sxbaustiuy every argument ADD
falling to move bin 10 action. he 6nslly
proposed to 60 to Monroe to see the
oew mill They came. The doubling
Tbomss Vas COZ vioced be subscribed
$4,000 to the usW mill others fol
loved 10 quick succession, Aud the
amount oseded Was soou raised The
mill is nov organised aud The mao
referred to 10 its enthusiastic Woe presi
dsots. II you 6od suoh character ia
your towo, try tbis remedy 90 him.
II you are ebaritsbly incliued sod
would miosle philanthropy With your
busioess iovsstments. how better could
you ass than BY gathering several
buodssd OF tho worthy poor of your
county into new cotton mill village
IL you belong to that cisss Who believe
oil tho lille Of The oouptry are due to ,hs
over production Of cotton, Why not
fshov your faith BY your works aud
take from tho 6elds several huodred
lsborsrs aud put them TO mao soufaoturiue
cotton Instead Of producing it,
A cotton mill With one huodred
hands will spin one Thousand bales Of
cotton souslly worth as present prices
e25, 900 10 i,s raw state snd say $780,.
600 after it is spun. This force will
consist Of say 6fseeo men. twenty Eve
women aud sixsy children. 10 tho
6elds this force will not produce more
than 800 bs'ss Of cotton worth 81. 500.
While 10 the mill the value Of their
labor will amount to $4,000. This is
Why New Eugland is ROB aod the South
poor. Will you not think Of this .od aot?
Do not hesitate beosose coal is high,
and you have no eooveuisos water
power Georgia pine wood ct 81 25
. cord beats coal ct g. per too. With
the now improvements for ecopom izin q
fusl. . steam plant on . railroad is
better then water power four OF Eve
miles from shipping polo,
Fifteen yesrs ego there lived 10 the
small town Of Griffin . merchant OF
only moderate means. who VS. badly
afflicted with that dreadful disease.
nervous dyspspsis Forced by tho
hand OF disease to abandon h,s store,
L. l.