Cheraw chronicle. [volume] (Cheraw, S.C.) 1896-2005, 1916-01-20


thorzed by the general assembly.
Some legislation to- this end must be
enacted at the present session, or the
details can not be wound up and all
the officials and the dispensary boards
and their clerks released from their
bonds.
Rural Credits.
The subject of rural credits Is one
of the most important before the ligis-
lature, and the legislature has an op-
portunity for fine piece Of construct
i've work along this line if the members
could get together on some feasible
plan which would lay proper founda-
tlon upon which to build. This could
be done with the outlay of very little
money. In its last analysis rural
credits Is but an extension of the state
warehouse idea-doing for farm lands
what the state warehouse has done for
cotton-making 1t fluid asset, and
substantial beginning could be made
by enlarging just little the machin-
cry of the state warehouse system.
Senator Sherard of Anderson, has
a rural credits bill which provides for
submitting to the people at the next
general election a $40 100000 issue OF
bonds. "A two-thirds vote Of the pee''
pie would be required.
The bill provides:
For a vote by the people in the next
general election on the issuance OF
bonds not exceeding $10,0OO,OOO.
For the creation of board Of rural
credits to sell the bonds and lend the
proceeds to tillers of the soil on long
term credits and a low rate Of In
terest.
The bonds would be issued in de-
nominations Of not less than $50 nor
more than $40 O00 Each would be ex-
ecuted as is now provided by an act
o provide for a redemption of the
state debt, known as the brown con-
sol bonds.
Tae act would create the South Car
olina board of rural credits, which
would be composed Of the governor
as ex-offico chairman; the state treas
| urer, the comptroller general, the at
torney general and the secretary OF
state all cf whom shall serve as a
oard of control |.thout compensation
except for expenses actually incurred
in the discharge of their duties.
The board would tc authorized tc
eject a commissioner of rural credits
whose salary would be $4,000 year
with actua! travelling expenses. The
board would have the power to adopt
rules and regulations tol the guidance
OF the comm, ,lr;:er> '.hJ is given the
right to rame such assistants as may
be necessary.
Section Of the bill states the pur
pose as follows: The purpose of this
action to provide the means and instru
mentalities by which loans may b'
made to tillers Of the soil at the leas
practical cost to them, to be prepaid il
such manner and at such times as vii
be least burdensome, and at the SAM
time provide suitable guarantees
against loss, to the end that agricul
ture may be fostered and the farm
, lands Of the state developed and i'm
proved"
MIR. Chapman of Newberry is tn
author Of a rural credits bill whic
has been introduced. and there vii
probably be several measures dealin
with the subject.
Admissions to the Bar.
The senate has passed the bill c
| Senator Wightman of Saluda, abolish
! ing the requirements of two year:
!, study before one is eligible for the eS
, animation for a license to practic
law.
Libraries Bill Killed.
The senate has killed the measur
proposed by Senator Beamguard
r York, providing for travelling librar!
, the bill carrying an appropriation
< SO 900.
TheApproprlatiOn Bill.
/. The ways and means committee
|. working steadily In an effort to q
i the appropriation bill reported at tn
J, earliest possible moment, and whe
9 that bill comes in the Legislature ma
q decide to leave matters pretty muc
:. as they are. pass the appropriation
e and go home. Prolonged fights ma
e develop. however, over the tax con
q mission the disposition of dispensaI
J. stocks and other matters.