The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1921-05-25
MI. Booth in Reply
@ Mr.. Jennings
Information Relative to the Jail
Bond Fnads and Reasons Why
gaa Has Not Been Built
Criticism of Mayor Jen.
g aiag's Handling Of
City Funds

City Funds
Editor Daily Item:
Please. allow nae space to reply 10
Afr. jennings irrelevant fins at me
involving the National Bank of SUM
ter. As this matter Of $4,000 bond
issne for, the new Jail fund makes up
s part of this banks deposits as DIS
closed ia It's recent published state
nsenf IS the niger in the wood pile
and the underlying reason for tins
uscaued.. for, undignified and dirty
iaainuasson as carried between the
fines OF my motive as member OF
tie Jail, commission in delaying ,ts
CONSTRUCTION and thereby retaining
this Fund for the banks benefit.
/ shalt take under Amusement the
Hahsfsf nf this fund TO, the Peoples
Rank hrotided Of course that Mr.. Jen-
hinss Aa 10 president will see that
rAts da pr. cent or better IS paid
fes sft.--aaayf,e for another year-tne
4aa IA. know OF some other funds
4fia8 ere availabae if he can make the
rass bf interest sufficiently al tractive.
The .Agfeefnent as quoted in Mr..
5kAtsas4g article Of the 18th is about
eSffeea.. The county commissioners
&nsap3ea The National Bank OF SUM
SerS lid ID an open competitive call
f1f kids, conditioned as stated in his
xrtsele af ttse use Of this fund until
aszE xUf tine purpose OF building the
neM aail;. interest at per cent COM
potaf4s6 quarterly; This has lost the
E9a&xH ah average of S4.T0 per thou
saSd 6otaafs for four years, this being
sha SStssfenes paid by the County
EnMiss;en 10 the Bank at ga per
Seaf 4sgHph Interest SIS against { per
ekEs Ensf pounded quarterly paid by
S33&ak f0f this deposit. so the
HIM siS hkhesfted to the extent Of a
fKan dHsf ffee hundred dollars and
ifey ,nESd h. premium Of forty dollars
tssaEeH4sfy has; not lost s6.5eo.00 by a
ket@ zeal
~ Sflg 1st: Of, this year this fund
1 Asaeb6 Sdmsshing over thirty thou
ks1 &fA 50 tbs howl about such
& fs :6AA 10 hkcts to support it.
9 fund p Ras provided Cor the
BT4p%e OF building a new Jail and
afteJ Jennings is too good lawyer to
hesiguoSant OF the Sfact that where
Asdas are provided for a specific
! nsraase that the constitution provides
iAaksf shall be spent for that purpose
Sva.n1sos:eT..<s,s'
sSrs would. ,.be fine, business for the
haikstoxuhakeeth thtss loan.to, the. county
asspIatesefss.A q q per cent and vol
RaSaxRy dpeeeaae;- the. rate 10. s per
.SsAta when .as a matter of fact for
rs>tfys bank has paid the
NaaAtHS aossshis fnnds a,..higher aver
s5ee.srater than4tie federal reserve
sfanEy s discount sraIe has been, at
s3eaNa upatozth I last eight or ten
siitha MT: Jennings could be equal
1-asssss2 rirseised iu2.a allowing the
( E;SSSy$sInEirg fund deposits to draw
quNy .psr cent freu2 v1rious banks
ssEhale the seity has been paying s
/ per ceps for their money for some
scars .or more.
This s5au commission was compos-
I'D OF three members with the super
visor as member ex-oficio; imme-
aasa4says after the act was passed the
) besrH yes orsanized with four mem
? hers; present and as the act Of 1915
pply provided twenty-five thousand
.apllare we did not get very far be-
retoxe We found this amount would do
FeYy .-Nstae- more than lay -founda-
ton for a. Jail, hence the legislative
!, delegation at the next session allow
ed the amount TO be raised but fail
-ed 70 furnish the funds therefor.
However the commission visited
1 four or Eve 1aIls and decided about
what we wanted in the way Of a jail
S end employed an architect who drew
pa&as and specifications. which we
now have and have had for about
,eoar: yesfs: We had estimates on this
aiaii. TWO Or three times within the
last four years and We found ii would
take at Least sixty thousand dollars
ar: more to build Jail that we con-
Ridersa would meet the requirements
Of this community.
MI Jennings states in his article
that building material rs aocut half
of what they were during the war or
shortly thereafter: if he is sincere
5 in this statement feel sure that he
can get the contract 70 build this
: ial based on the estimates that we
had. OF its cost some two years ago.
aL e. sixty thousand dollars. l hope
]: he IS sincere in this matter and feel
sure that Mr. Rowland will concur
an awarding him this contract at
$50, 900.
:. WIN Mr.. Jennings please state to
the public how could influence and
3 coDffor the use Of these funds for
This period in the National Bank Of
Susnter's interest when l was only
one OF three members? Certainly
BE, Rowland has his own ideas and
stso ia matters Of this kind has Mr..
zIitts and Mr. White. both supervisors
sSusSRg the period covered by this
susatter. Mr. White signed his last
spxy warrant as county supervisor
sJanuary lst, 1921. So as matter of
Sast up to that date the commission
INKS composed Of three active mem
hers.
..:..s:sI would suggest TO Mr.. Jennings
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