Newspapers / Wilmington Morning Star (Wilmington, … / Jan. 10, 1923, edition 1 / Page 7
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v governor proposes AMENDMENT LIMITING INDEBTEDNESS OF STATE (Continued from Page Three.) hlghef learning- must be further en larged to take cane of the ever Increas ing thousands our common schools are graduating anually. We can afford it. "Our new system of taxation under the pble administration of Colonel A. D. Watts has produced ample revenue to meet the relatively large appropria tion of the last genral assembly In cluding all interest charges. We stood up for God and humanity in a trying hour two years ago, and God blessed North Carolina above almost every State in the Union. The revenue ac counts will show the largest surplus, when credited with the railroad taxes which have not been paid, and with the Income taxes for this year, which could cot be computed and collected until after the end oi the year, in the'history of the state. “If you issue new bonds for tne pur-< pose now under discussion, I also urge a full sinking fund from the general revenues of the state for their redemp tion. Sixty-two thousand, five hundred and ninety-nine ($62,599) sef a»ide an nually will redeem a duplication of tne last general assembly's glorious work for these institutions. The small sum of one hundred twenty-five thousand, one hundred and ntnety-eigitt ($12o. 19R) set aside annually will redeem both issues. It is not much for the good it will do. Twelve and one-half per cent of the tax paid on insurance premiums in the state will pay There will lie many tax payers in tne state who will pay enough taoces each to pay it. , “We can easily carry the interest on tile full amount under our present reve nue bill without any increase in tax ation. , . _ , _ "May ' gentlemen, for the broken and defective of every description, and of both races, appeal to you to let North Carolina do the duty of an en lightens' and Christian state to its feeble-minded children, its thousands of insane, its poor suffering tubercular people, its blind, its crippled children its wrecked and morally delinquent girls and boys, and to those who can not speak or hear or see. "Those who will pay the tax under the new revenue hill will approve. Those who believe in the religion of the Christian will approve. “May I. also, gentlemen, appeal to you on behalf of the children, the boys and girls of North Carolina, to go for educatio ial institutions fo r higher learning. It will not be an expendi ture in the ordinary sense, but an in vestment which will yield profit more than any other the state could make. “We must not falter. We have the strength to take the next step in our outlined 'six-year program. God car ried us through the dark period when we could not see the way, and by His goodness gave us the strength to go on and take the next step. “We must go on with the road pro gram.. / The people* expect it. We are able to'go on. a . “I most -earnestly recommend that you authorize the issue of fifteen mil* lions additional bonds to round out the system, and place ari additional tax of two cents per gallon on gasoline. “I then recommend that you set up a sinking fund of five hundred thousand dollars ($500,000) per year to be applied to the payment of the bonds when due, one half of it from the general revenue of the state, and the otner half from the automobile and gasoline tax. This will not be adequate for the redemption of the whole sixty-five millions, but it will go about half way. The first bond3 are serial, and commence to fall due n ten years in equal installments, and, of course, will require a much larger sinking fund than if they were all forty-year bonds. I think the new bonds ought to be forty-year bonds. With a sinking fund of five hundred thousand dollars annually we can re deem part of the bonds and refund the others, if we do not want to pay all. But my confident hope is that our reve nue bill justifies enlarging this fund from time to time until it will be ade quate for their redemptidn. But the sinking fund mentioned will be suffici ent to olace the whole transaction on a verv high plane, and will not oppress anybody,-or embarrass the state's reve "The revenues from the automobile and gasoline tax for six months of this year amounted to $3,222,741.71. It will go over four millions for the full year _without the increase in gasoline tax recommended. ... “We will require the two cents addi tional on gasoline to help pay the in terest or the new bond issue, contribut to the sinking fund and maintain the roads. m An “I do not think it necessary To de hate the road program. It is approved by the sovereign people. The benefits arc universally recognized. "I most earnestly recommend an amendment to the Constitution of the state limiting the power of the stal to contract indebtedness to six per cent of the assessed value of the state s property, and a second amendment that when the general assembly sets up a sinking fund no succeeding general assembly shall divert it to any other purpose. I am sure, gentlemen that these amendments ouMit to he submit ted to the people, and that with this done and the sinking fund suggested set up. we will be able to safely carry through the whoile progressive program upon a lower interest basis than with out them. “And then a good many of our best citizens fear that without a linritation on the state's^ power to contract debt, we might got too far sometime. The sinking fund statutes should confine the investment of it to the bonds of the United States, the states and sub divisions but should prohibit loaning it to any department of the state gov ernment. It would be safe to permit buying, in our own bonds and holding them as other bonds are held. “But, gentlemen, I do not think the duty of your body will be fully met by fortifying and extending the pro gram so gloriously inaugurated by your predecessor, splendid as that would undoubtedly be. There are other things we must do if we are true to the great spirit of progress under which we are moving. "I make the following further rec ommendations, gentlemen, ' which I think will ‘round out’ as complete pro gram for the state’s development and upbuilding as I can now vision. "We ought to replenish our great streams throughout the state with game fish and give modern and up-to date cultivation to our fish, oyster and other sea food industries. “The North Carolina inland rihvigable waters are the finest in the republic for sea foods, if not in the world. They belong to the state of North Carolina, subject to the United States govern ment’s rights in navigation upon them. My descriptive powers are insufficient to convey to those of you who are not familiar with them a general concep tion of the immensity of these waters. “Currituck, Coatan, Roanoke, Albe marle and Pamlico sounds, knit tjo gether by the inland canal, constitute j a great body of water from four to 25 s ■ miles wide that would reach from here I to Shelby. Pamlico sound is the largest i one in the United States, not. quite so I long as Long Island, but with more * water. Running into the waters are | great rivers, like the Roanoke, the I Neuse, the Pamlico, the Chowan, the ! Bay, the Pungo, and many others, with j bays and other little sounds too numer ; ous to mention. “The fisheries upon them were once , possibly the most valuable in the United States. Hundreds of thousands I Of acres of these waters are happily mixed with salt, and make the home of ! the oyster. Seafood of every variety . known to our climate are to be found ■ within them. Below Morehead we have | other great waters. The New river, in I Onslow, and the grand old Cape Fear, j J These waters are the property of North | | Carolina. From them we ought to re- | ! ceive a great state revenue, and the j ' people in twenty-four or five counties | ! in North Carolina ought to gather im- I j mense riches from them. The area cov- - j ered by these waters is the most valua T ble property'in this estate, except that upon which our towns and cities stand, with the artificial wealth placed upon them in great buildings, etc. There^ no other land in „our state of as great value, and from which so much wealth can be produced as that covered by these immense sounds, bays and rivers. “We are neglecting this property. Before we placed any police power over them, our friends to the north of us came down and in fleets of as many as 70 or, eighty boats at a trip dredged our streams of the oysters. They took them north and placed them in Chesa peake Bay and elsewhere. We have stopped that, but we were too late about# H. "We have allowed most of the inlets to close up and shut the seafish from the sounds and rivers. Prosperous sec Mnp« there have been almost prostrated by it. “Our fishing industry can be revived with little expense. The oyster waters can be replenished and an oyster cul ture started there that will tremen dously contribute to the enrichment of the whole state, and produce a great state revenue. Oysters can be planted over wide parts of the area mentioned for eight or ten cents per bushel. They will yield in three years five bushels for each one planted. But when culled according to modern knowledge of the industr^. and only the large ones taken out they not only yield five bushel's but from a culture which will never end, if properly looked after. This ouerht to be done. “It has been done elsewhere, as well as here, with complete success. It is no longer an experiment; it l\as been tested out, and we ought to plant a million of bushels of oysters annually for three years in these waters. It would take three hundred thousand dollars ($300,000) to do it, but no indi vidual has an opportunity to make such an' investment as that would be to North Carolina. We received twelve thousand dollars (S12.000) in oyster fees last year at two cents a bushel, with the small area and sorry culture we now have there. We would not only get our money back, but in revenues to the state, an immense profit and an en larged culture there on modern scien tific and up-to-date lines that would yield for all time "rent riches to the people of that section. “We ought to open the inlets and let the fish arfd the salt water into our sounds' and rivers in greater abund ance. It can be done economically. “Facts and figures have been placed before the budget’commission about it. and will be olaced before the appro priate committees of your body. De tails and particulars cannot be easily dealt with here but in an orderly way they will be presented through your committees to you. “These waters are not only valuable for oyster and'fish, but for clams, crabs, scallops; by the way, these scal lops are now bringing three .dollars- a gallon, and the state received eleven thousand dollars ($11,000) In revenue from the fees charged and received for gathering scallops there last year. The scallop crop gathered and sold from Morehead City was worth more than the cotton crop of Carteret county last year. “All North Carolina is interested in the proper conservation and improve ment of the fish, oyster and other sea food waters which belong to the state. It -will take about $100,000 to open the inlets which ought to be opened down there, including the waters in Onslow county, which, while still open, are subject to obstructions which do not permit enough salt water to go up New river, and are affecting one of the finest natural oyster, homes in the world, “We ought to raise fish in the non navigable streams of the state, which, while not the property of North Caro lina, yet call for the exercise of our police- power and to which the state ought to give modern and up-to-date attention: “We have the finest inland water ways in the republic, all things consid ! ered; both the navigable and non-nav i igable waters. They are diffused over such a wide area of the state, and Into almost every section. I call your at I tention to some maps which I have caused to be prepared bv Dr. Joseph Hyde Pra-tt, state geologist, with the kind assistance in coloring and print ing, them of the State Highway com mission. If you will permit me, I am going to have one put up in each house of your honorable bodV for your in spection. Please examine it. I think you will be proud of our waters. "In these non-navigable rivers and in many of the navigable ones, we have | allowed the game fish to become almost extinct. The other great states of the union are filling their streams, naviga , ble and non-navigable, with game Ash. ! The cost is small, and the pleasure afidf food value to the people immense. The j unenlightened reactionary thinks this i is all foolishness because he Is not in- I formed of the wonderful work being I done in other states. In many of them I 26 or 30 hatcheries are being operated, j "An ordinary game fish hatchery | can be set up on any of our rivers for about four thousand ($4,000) dollars ! each, and operated by a hundred and twenty-five dollar a i^onth employe. We ought to move up to date, and abreast of the times, and put a little fish hatchery upon every river in the state. Let the man who runs it be a fish policeman for the waters round about, and look to the enforcing of the law. We ought to charge a tax of $1.00 annually on fishing in North Carolina with hook and line off of ones own premises, to help finance it. borne of the states raise large sums of money from such a tax. Some of them charge more than one dollar. “I most earnestly advise an invest-, ment of five hundred thousand ($500, 000) dollars in the opening of our in lets. planting oystersi building and op erating hatcheries, including hatcher ies undn the streams of central and western North Carolina. . The industry will easily flnapce itself, and carry the interest after-we ret under way. “I most earnestly recommend that this general assembly provide, not for wasting money or burdening this state with an expense, but for making an in vestment in the conservation of North Carolina’s valuable property which it will be shamefully wasteful not to make. We allotted the most jvaluable ■. inlet to the fisheries of eastern North Carolina to close up when if we had expended five thousand dollars to vent' it five years ago, it could have been saved. It wilL now cost fl,;y thousand dollars to open it. It ought to be done, and if it is done, wealth in fish and the salt water necessary to the Life of the clam and oystdr. and kindred industries woul'- pour into our sound: and rivers that would more than pay for it the first year. "Another great inlet is about to clou, ’which a few thousand dollars will sai... "I urge action by this general assem .(Continued on Page Ten.) MEMBER BANKS, OFFICES and SCHOOL BUILDINGS, WAREHOUSE and DOCK CONSTRUCTION A ' SPECIALTY , nnd Responsibility WALTER CLARK General Contractor P. 0. Drawer 824 Telephone 1728-J Let Me Estimate on Yonr Work A square deal (a what you set when deal with me t Skill, .mtgrk, The regular Annual Meeting of the Stockholders of this bank will be held at its office at 12 o’clock noon on Tuesday, January 9, 1923. / The Murchison National Bank ( HUMMELL & PERRY INSURANCE All Lines Orton Bldg. Phone 390. Kiwanian A. F. Perry GEO. W. HUGGINS COMPANY JEWELERS “Gifts That I-ast” 105 Market St. Kiwanian H. A. Huggins BONEY & HARPER MILLING COMPANY Manufacturers and Distribu tors of DIAMOND “B” GRITS and MEAL a. E. BONEY Kiwanian Ask Your Grocer for Them The Bank of Commerce Commercial Savings ROBT. STRANGE, Cashier Kiwanian W. A. McGIRT | REAL ESTATE AND j INSURANCE Masonic Temple J. A, TAYLOR WHOLESALE GROCERIES Kiwanian J.D. 'fiAYLOR Tide Water Power Company Electric Light and Power Electric Railway Gas Kiwanian E. E. Kilburn Tuttle’s Pharmacy <Incorporate4) “WE, BUILD” Health, by Carefully Filling Prescriptions 1520 Market Street Phone 183 B. M. TUTTLE, Kiwanian HOWARD & WELLS AMUSEMENT CO. Good Amusements Harry S. Allen, Kiwanian. PEOPLE’S MARKET 10 South Seventeenth St. KIWANIAN W. P. McGLAUGHON C. C. CHADBOURN REAL ESTATE BROKER Room No. 8 Phone 496 Masonic Temple Folders and Guides, Tranfer Cases and Filing Supplies WORTHAMS BOOK AND STATIONERY STORE J. M. JAMES, Kiwanian. SEMI-ANNUAL REPORT BOYS’ BRIGADE ACTIVITIES July 1st, 1922, to December 31st, 1922 SUMMARY Boys using: Gymnasium and Bath . Men using Gymnasium and Bath . Boys using Bowling Alley . Men .using Bov.-ling Alley.. Boys attending meetings . Boys receiving swinlming lessons . Boys attending hikes. Spectators attending games, etc . Boys using lobby for games, etc . Men using lobby for games, etc. Attending luncheons . Boys attending night school . Visitors attending gyro classes . Visitors using auditorium . Interviews with boys . Visits to homes . 3.679 661 339 1,307 71 36 1,937 1,303 175 1.769 88 126 26:. 157 15 FINANCIAL. REPORT, JULY 1 TO DECEMBER ill, 192: Receipts Expenses . . .11,901 32,508.74 2.424.26 $ 84.48 1 Balance W. H. MONTGOMERY, Secretary MEMBERSHIP Juniors 130—Seniors 75—Total 205 Organization is divided into four companies, A, B, C and D—Seniors, Business Boys, High School Boys and Grammar School Boys. Each company has an experienced physical director. Classes are so arranged that they will not conflict in any way with the boys’ studies. Seven gymnasium classes 4 are conducted each week in addition to the four basketball leagues of four teams each. . .. . The Brigade runs a free night school. This school is not restricted to tjie membership. Any boy in the city may at Eight meetings are held -every month. Civics, city and state government, business and various other subjects are taught at these meetings. Professional men also give lec tures once or twice a month to the boys attending these meetings. , - , ,, All departments of the Brigade are running fine and the prospects for training more and better boys are better than ever before. fire and liability INSURANCE kv^^o: PiucilD AMCF INSURANCE ,y THATS ALL C. Kiwanians WALKER TAYLOR, JR, B. F. BRITTAIN, JR. IDEAL LAUNDRY “House of Sanitation” Service and Quality P. B. HARRAH Kiwanian FRIENDLY CAFETERIA “The House by the Side of the Road.” Ill Chestnut St. J. C. Pretlow, Kiwanian ATLANTIC TOBACCO COMPANY (Wholesale) Kiwanians # J. N. ALEXIUS nSBii CITIZENS BANK & TRUST CO. ON DEPOSITS Front and Chestnut Streets CLARK-LYNCH LUMBER COMPANY rri_• xnr. Kiwanis Motto: “We Build” Our Motto: “Build Now—*-With Clark* Lynch Lumber’' Klwanian Herbert A. Lynch Watch the Window of our Flower Shop, in Elving ton’s Drug Store, Bullock Building. LUCY B MOORE , Florist ' FREDERICK J. MOORE Kiwanian. DAVIDS. OLIVER District Manager New England Mutual Life Insurance Company of Boston Chartered in 1835 . $05-606 Murchison Bank Bldg. Telephone No. 84(1 Thompson-Bemard Company INSURANCE , In All Its Branches—Except Life 112 Princess St.—Phone 162 Kiwanian R. Christie Boylan & Hancock •SHOES ; 7 North Front Street Kiwanian E* T. HANCOCK HUGHES SALES AND SERVICE CO, “Where Service is z Pleasure” Kiwanians J. B. Hughes—J. W. Hughes MACMILLAN AND MARSHBURN Dodge Brothers Motor Vehicles S. G. MacMillan, Kiwanian W. B. THORPE AND COMPANY COAL Genera! Builders Supplies W. B THORPE, Kiwanian ELECTRIC B^INTEN ANCECO. J. C. HOBBS, Jr., Kiwanian Xiwanian EDWARD C. CRAFT, C. P. A. Established 1918 Auditing-Systematizing Income Tax 5-6 Masonic Temcie Phones 2324-7526-J MACMILLAN AND CAMERON Kelly Tires—-Vesta Batteries . “Thru Service We Grow” B. B; CAMERON,'Kiwanian
Wilmington Morning Star (Wilmington, N.C.)
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Jan. 10, 1923, edition 1
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