Timpson Weekly Times (Timpson, Tex.), Vol. 38, No. 28, Ed. 1 Friday, July 14, 1939 Page: 1 of 8
This newspaper is part of the collection entitled: Timpson Area Newspaper Collection and was provided to The Portal to Texas History by the Timpson Public Library.
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Timpson Weekly Times
VOLUME 88
TIMPSON, TEXAS, FRIDAY, JULY 14, 1939
NO. 28
• Cork Bathing Sait
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Federal Wocks Head
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OSTIA. Italy . . . Designed ta
tUrl£( anodes, iwia salts sends of
apadafiy treated cork are tike raf»
<m Italian baches this seMoau
Mias Jean Men of Plainfield, K. X.
American rlsltcf to Bone, is shown
wctrlAi one o? the new suits.
__xmsrrR2» . Tho t»*r
that Mr. and Mrs. Herman Been
spent jean In wishing for. Involved
-hem in a puzzling "life for sale"
case that Intrigued the authorities
of two, a
said the
"bought" the Tnf&nt from* a needy
mother for ISO in a "de*T arranged
through a doctor. *-
ifant from*a needy
WASHINGTON, D. C. . . . John
hi Camod y of New York has been
named by President Roosevelt to he
the head of the new Federal Works
Agency. Mr. Cairoody is now head
of the Rural Electrification Admin-
istration, **
John K.
* TIENTSIN. Chins
Caldwell. Ike rotted
General la Tieotsfn, who ha, lodged
with Japanese authorities the pro-
test of the Americas chamber ol
Commerce ot Tientsin against the
blockade Imposed by Japan. •
Mr. and Mrs. N. Kyle spent
Monday In Marshall visiting
their daughter, Mrs. A. F. El*-
berry.
{G’D TIMS BUDGET OF
ISTin OEPHTWENTS
$8,051,624 SLASHED
OFF APPROPRIA-
TION.
Austin, Tex. (UP)—Heads
of State departments today
faced the problem of how to
trim expenses $5,051,624 by
Sept. 1. Last night Gov. W.
Lee O’Daniel vigorously weed-
ing out items with his blue
pencil vetoed that much from
appropriations that had al-
lowed $61,190,686 for the af-
fected departments for two
yean' operation.
The departments will not
necessarily be limited to the
amounts left for them by the
Governor. Under a general
rider to the appropriation bill
surplus fees, receipts and spe-
cial funds in excess of the ap-
propriations may be used. To
use them the department head
must make sworn application
showing the necessity to the
Govemoi, Attorney General
and treasurer. If two of these
three approve the excess ex-
penditure "may be made.
The highway department,
hardest hit with an elimina-
tion of 327 employes and $1,-
047,140 may be able to restore
some of its forces even without
that consent. A rider appro-
priates to the department all
funds on hand Sept. 1, 1939,
and all funds derived from
registration fees or other
soiu'crii. after:.- deducting the
total of specific appropria-
tions.
-Highway Engineer Julian
Montgomery ’ declined to dis^
cuss the effect of the sweeping
veto until he has studied the
situation thoroughly.
State departments bore the
brunt of the Governor’s econo-
my drive. Eleemosynary and
eo!.vBe appropriations also
were reduced. Rural school aid
vocational training and courts
got off without reduction in ap-
propriations that totaled $20,-
449.696. Miscellaneous claims
were vetoed in total.
Including reduction made in
budgeted expenses by the
House and Senate committees,
O’Daniel said the total saving
is more than $13,000,000.
The University of Texas’ ap-
propriation was shorn of $50,-
000 a year for a research de-
partment, while its College of
Mines at El Paso lost a *15,-
000 equipment item.
Texas State College for
Women at Denton lost $36,520
of the first year’s appropria-
tion and $11,620 for the sec-
ond year. North Texas Teach-
ers College, also at
had a $20,000 appropriation
for improvements to the in-
dustrial education balding
eliminated. Texas Tech was
deprived of a $30,000 tom for
equipping to library. A. & »•
College lost $42,000 and $7,-
500 for to experiment stations.
Most of the eleemosynary in-
stitutions are situated in Aus-
tin so the heaviest cuts were
felt here amounting to $453.*
938. Wichita Falls State Hos-
pital lost *63,036; Waco Kate
Home, *49,960; Terrell State
Hospital, *256,795; San An-
tonio Hospital, *184.229; Gal-
veston Psycopathie Hospital,
$74,000; Big Spring Hospital,
*245,618; Abilene Hospital,
*144,121; State Tuberculosis
Sanitarium. *110,000; Kerr-
ville Sanitarium, $27,500.
Governor O Daniel, doubt-
J (See Budget Trimmed Pag a)
UNDER THE DOME AT AUSTIN OH
(By Gordon K. Shearer, United Press Staff Correspondent)
Austin, Tex., July 13. (UP)
—When the state legislature
passed two bills to separate
and define the duties of the
State Board of Education and
the State Automatic Tax Board
regarding school finances, the
senators and representatives
thought they had cleared up
all the confusion.
This month’s meeting of the
State Board of Education dis-
pelled that conclusion. Board
members had so widely differ-
ing views of their duties un-
der the new law, that they put
off a decision on the state
school apportionment until* a
special meeting to be held on
July 24.
—UP—
Rep. H. T. Brown of Jack-
sonville and Sen. A. M. Aikin,
Jr., of Paris, the sponsors of
the companion bills, both gave
the hoard members their inter-
pretations of what the acts
propose.
The legislators said it was
the purpose to have the board
of education determine the
amount of money that will be
needed each year to insure a
six-month school term and to
make an apportionment suffi-
cient to pay the hill.
The apportionment is the
amount per pupil that the
state pays to school districts
for each person of school age
shown to reside in the district
by a special census taken an-
nually. .The total census shows
a few more than * 11500,000
scholastics.
The act defining dutiest-of
the Board of Education says
the amount per scholastic may
not be sent higher than $22.50
a year. The other act requires
the State Automatic Tax
Board to levy a state school
tax sufficient to. pay the appor-
tionment. It, too, has a con-
stitutional limit. The tax rate
may not be higher than 36
cents on $100 valuation.
—UP—
The explanations all seemed
very simple and clear until
board members began asking
questions. One "of the puzzlers
was: "What becomes of the
deficit if the tax levied fails to
pay the bill?”
Another was: “Should the
Board of Education, or the Au-
tomatic Tax Board, consider a
deficit that now exists in mak-
ing their estimates for the next
school year?”
Last year the Board of Edu-
cation estimated *22 per scho-
lastic would he required in
state aid for schools. The State
Automatic Tax Board decided
that other school income from
special taxes and investment
of the school fund required no
school tax levy except seven
cents for text book purchases.
The estimate was wrong. Now
the estimates vary on how
much will be “short" at the
end of the fiscal year on Au-
gust 31. Kate Comptroller’s
Statistician Robert Calvert es-
timates it will be $3. Senator
Aikin thought it would be less
than that. Others think it will
be more.
—UP—
Besides the inability to de-
cide who takes care of deficits,
the education board was puz-
zled to tell what will be need-
ed to operate the schools. The
law provides a formula, but
members said so much-of the
PUNS FH REXT TERM
IF SCHOOL DISCUSSES
JIT HOSTEL piE
W. L Bailey Appointed
Trustee; Succeeds H. B.
Ssvaoxy, Resigned.
Plans for the next term of
school were discussed at a
meeting of trustees for the
Timpson independent school
district Tuesday night, though
the date for the opening of
school will not be set until
later. Superintendent G. D.
Pruitt met with the hoard.
W. I. Bailey, was appointed
a member of the board, to suc-
ceed H. B. Swanzy, resigned.
Robin Hooper, secretary,
stated that improvement was
planned for the Timpson col-
ored school. The work plan-
ned is interiors repairs, the
extent of which will be deter-
mined later.
(Continued on Last Page)
JUNK BUDGET FOB
BAM RISES T!
HEN HIGH____
London, July 11. (UP)—The
British government today de-
cided to add approximately
*333,775,000 for hinny expan-
sion to this year’s defense ap-
propriations which already
are at a .fec'ord .peace-time
high. " S55» ■
The war office was expected
to issue tomorrow a supple-
mentary estimate which wffl
raise present budgetary de-
fense appropriations from
630.000. 000 pounds *2,943r
975,000 to something near
700.000. 000 pounds ($3,277,-
760.00).
The new appropriation pre-
sumably will be used to cover
the increase of 8,980 in the
strength of the regular army
and to train new conacripts.
The appropriation was re-
garded as still another step in
the new British preparedness
policy.
SB CONVENTION
NH. 1 ST IS IfISTH
The next regular meeting of
Singing Convention No. 1, will
begin at Beuna Vista Satur-
day night, July 22, and con-
tinue through Sunday, the 23,
at which time an old-fashion
dinner on the ground will be
served. Everyone invited to
attend and enjoy the day with
us. Furman Hayes.
PREACHING AT
NEW SHADY GORVE ,
The next preaching service
at New Shady Grove will be
July 23, which is the fourth
Sunday. The service will be
held at 11:30 a. m., instead of
the usual time of'3:30 in the
afternoon. The summer re-
vival will probably begin with
this service.
Annua) Singing At
Tennessee My 18
~ The annual singing wili be
held at Tennessee Saturday.
July 15, and everybody is invit-
ed to attend. Come and bring
someone with you.
Harvey Horton, Bennie
Bowlin, Sam Brown, commit-
tee.
Chairman Jonas Urges
Government Cooperate
With Industry in Plan
ta Reduce Price to
American Consumer*.
Washington, July 9. (UP)
—Chairman Marvin Jones (D.
Texas), of the house agricul-
ture committee, tonight pro-
posed that the government at-
tack the serious cotton surplus
problem by co-operating with
industry in a large-scale oper-
ator to reduce-.prices of cotton
products to the American con-
sumers. He made his sugges-
tion in a statement issued as
official reports indicating a
1989 crop of approximately
12,000,000 bales—6,000,000
incess of domestic require-
ments—speeded administra-
tion plana to initiate a cotton
export subsidy program. Sec-
retary of Agriculture Henry A.
Wallace will discuss the plan
on Thursday with representa-
tives of 19 cotton trade and
textile organizations.
The Jones plan involves use
of the millions voted in the
new farm bill for disposal of
surplus agricultural commodi-
ties. He said that if use of
these funds were limited in
such a way as to reduce the
price of cotton products, the
effect would be to secure wide
usage of the products most
needed.
He recommended that some
of the work-relief appropria-
tion be diverted toward this
endeavor, becauae it '/would
serve the double--.purpose ..,’?!
disposing of the. surplus 'and
furnishing employment”
Jones did net go into much
detail about his plan. He said
that by manufacturing in
tablished business institutions
and selling through regular
channels, it would furnish em-
ployment to thousands of
clerks, bookkeepers and oth-
ers who would naturally be
employed in this line of pro-
duction and distribution.”
91,111 MME
CHECKS MW
FSE 5BELBTFBBNE9S
Additional checks, totaling
$31,000, have arrived for
farmers participating in the
government farm program, R.
H. Dominy of Center, secre-
tary of the ACA, said Monday -
afternoon. Previous ship-
ments tor the county total ap-
proximately $150,000, we un-
derstand.
LIKE SIM LOW)
USTFBHLIEM
DTFSiRHKn
Low-income farmers of Shel-
by, numbering 127, received
loans totaling $58,808. from
the Farm Security Administra-
tion during the fiscal year
which closed June 30, accord-
ing to County Supervisor Bruce
R. Kennedy.
Mr. Kennedy said that in
Texas loans of $7,190,996 had
been made for tile fiscal year
just dosed compared to *4,-
279,952 last year. “The ISA is
serving more and more farm-
ers every year,” he said, "but
rehabilitating our rural popu-
lation is a big Job. We have
just made a good start on the
solution ot the problem.'*
He explained that farmers
who are unable to get ade-
quate financing from any, otb-
source are the only one* who
auy receive loans from VSA.'
(“Loans > are made,” he stated,
“only ti.''tho$e,/ffho work out
an ‘improved-farm and -/home
plan’, raising as nearly as pos-
sible all the family's food and
ail feed for the farm animals.
e*~ j They must also develop more
.than one source of cash in-
crate.”
Personal guidance in good
farming practices Is furnished
by ISA field workers.
Hew about your rack Has.
Lit u* i
Ribbons for
typewriters.
all makes of
The Times.
look new i
Call
132.
Official Statement of Financial Condition of
THE COTTON BELT STATE BANK
Ti2E*®.n’ St*1® of Tex**, at the close of business on
the 30th day of June, 1939, published in the Timpson
Times, a newspaper printed and published at Timpson,
State of Texas, on the JOi^ej^oiNfaly, 1939.
Loans and discounts, on personal or
collateral security ....................$144,451.08
Loans secured by real estate.............. 7,774.18
Overdrafts .... 649.44
C.C.C. Cotton Loans..................... 91,017.32
Securities of U. S., any State or political
subdivision thereof............ 36,714.51
Other bonds and stocks owned............ 1,416.75 :<
Customers’ bonds held for safekeeping..... 64,125.00
Banking House ........................ 10,000.00
Furniture and Fixtures........... 3,008.00
Cash and dne from approved reserve
&gQuts.................... 90*611.98
Due from other banjis and bankers, subject
to check an demand................... 8,273.47
TOTAL.......................*458,034.23
LIABILITIES
Capital Stock..........................$ 50,000.00
Surplus Fund.......................... 10,000.00
Undivided Profits, net................... 5,978.56
Individual Deposits subject to check,
including time deposits due in 30 days---- 329,983*67
Customers’ bonds deposited for safekeeping. 64,126.00
TOTAL.......................$458^084.23
STATE OF TEXAS.
County of Shelby
We, J. E. Blankenship, as President, and H. L Rogers,
m Cashier of said bank, each of ns, do solemnly swear
that the above statement is true to the best of our knowl-
edge and belief. ' J. E. Blankenship, President
H. L. Sogers, Cartier
Subscribed and sworn to before me this 7th day of
July, A. D. 1989.
CORKECTM°AT^T^ry PuMie’ Sh*,b7 Texas.
E. H. Hebert, Jno. F. Cooke. Nuts Summers, Directors.
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Molloy, T. J. Timpson Weekly Times (Timpson, Tex.), Vol. 38, No. 28, Ed. 1 Friday, July 14, 1939, newspaper, July 14, 1939; (https://texashistory.unt.edu/ark:/67531/metapth811899/m1/1/?q=%22%22~1: accessed July 13, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Timpson Public Library.