The Union times. [volume] (Union, S.C.) 1894-1918, 1917-10-12
JONESVILLE

Jonesville, Oct. 81 read with in
terest in The Union Times of last
week of the five dollar bill given by
Mr.. and Mrs. A. F. McKissick to the
William Wallace chapter, U. d. C.
This brings to my mind the Cotton
Loan Association of 1862. which was
organized at Union by Messrs. VIM.
j. Keenan,, DR.. B. F. Rawls and others
for the relief of the situation in
financial affairs, but really it was not
very long until the situation was re-
lieved by Confederate money which
was put into circulation in great guam
titles. The Cotton Loan Association
was based upon cotton a good col
lateral of course, but the association
was really not necessary as matters
turned out. Confederate money came
in just about the time of the Cotton
Loan Association. 1 came home from
Richmond late in December, 1861, on
leave of absence quite sick and was
at home for awhile. I was paid off
in Richmond in Confederate money,
the first 1 ever saw. as it was just
coming into circulation. I brought
$4,000 with me and it was a curiosity
in the neighborhood. I bought a bale
of cotton from a negro for 7 cents
a pound and kept it till after the
war and I sold it for As cents the
pound in green backs. The Cotton
Loan Association went up with the
war but there was an effort made to
make those who had conscripted cot
ton pay it, but they got out of it some
way or other, that I just don't re-
member and that was the last of it.
Greenbacks got very plentiful soon
after the close of the war but our
Southern people were a little shy of
them and gold was very plentiful for
year or two after Lees surrender.
The premium on gold was about forty
or one forty in greenbacks for one in
gold, the gold finally went into the
banks and greenbacks went at par and
but little gold has been in circulation
in this country since.
The fourth quarterly conference of
the Jonesville circuit was held here
Saturday. Presiding Elder r. E.
Stackhouse of Spartanburg was pres
ent and presided. Reports from the
different officers of the church were
fairly good. Finances are a little be-
hind, but they will come up before
the annual conference.
There were quite a number of peo-
pie in our town Saturday. Some cot
ton was put on the market at 25c.
Miss Sallie Cunningham of Ker-
shaw and Miss Ella Eargle spent the
weekend with Mrs. w. H. Page at her
country home.
A very bright meteor passed over
Jonesville Sunday morning about $3.50
o'clock. 1t was going from East to
West at very rapid rate. 1t went
down in the West, but so far off it
was not heard. Some of the boys
who saw it at first thought it was a
German aeroplane.
The cotto nmarket here played be-
tween 25h and 26A cents last week.
Farmers are selling part only of their
crop, as they hope to get 26c later on.
From all reports from the farmers
over the country there is bumper
crop of corn made and it is about
ready to be harvested.
1t seems that much of the world
war over on the other side of the At
lantic will be in the air and on the
water, SO CnlS leIS me out 1Or can
neither swim nor fly.
see we will soon have to pay 3
cents for postage stamps and 2 cents
for postcards.
Mr.. Munro Faucet of Union spent
Sunday with Capt. R. w. Scott at the
postoffice.
Miss Irene Gore, who is teaching at
Duncan, spent the weekend with her
father, Mr.. Thos. H. Gore.
Telephone.