TWO
News Items F
And Tiie Sta
Raleigh.?Tobacco waichouses ure j
open this week uncle; very different J
conditions from those under which j
they closed three weeks ago; by proc- j
Jamation of Governor Ehringhaus. In.)
the interval practically every tobacco j
grower hi the State has signed up toj
reduce acreage up to 30 per cent for!
the next two years, while domestic'
tobacco buyers have agreed to buy'
as much of this year's crop as they
bought last year at a price that will
average 17 cents a pound.
The permanent achievement has
been the agreement with the government
to reduce acreage for the next
two years, thus letting the surplus
oe pariiany useci up ana so nrragmg
about a demand that will increase' the
price. These results will be permanent
if the growers take advantage
of the aid given by the government
and voluntarily or with the govern- '
ment. organize to the point of being!
able to limit their production in the j
future to what the market wffi ab-|
sorb.
Immediate results are to come j
from the agreement of the domestic |
companies, submitted by S. Clay Wil-|
hams, president of the R. J. Reyn- j?
olds Tobacco Company, and for about; <
all of the domestic companies, to pay i 1
17c a pound for as much tobacco as J f
they bought last year. This was a I i
substitute for the Agricultural De-: I
partment proposal, which, Mr Wil-1?
liams said, would iiterally mean gov- h
ernment fixing prices of tobacco pro-1;
ducts. His substitute met the appro- j 1
val of officials, and growers. Export-! j
ers are unable to sign lip but prom-1'
ised the fullest possible co-operation. I:
Governor Ehringhaus, who spent I
several days in Washington last week;
made out a good case for the grow- j
ers. saying they had signed up asj
agreed, and the national program1
would fail if laborers receive a min- i
imum of $14 a week and farmers are j <
unable to make more than $14 peri]
mouth. He issued a warning to grow-; i
ers to put tobacco on the market j
gradually and avoid a glut, with thej
reopening. I <
Eastern North Carolina and South j
Carolina markets are open this weekj
and the opening time for central and i
piedmont markets was moved up for
three weeks, as long as the eastern j
markets were closed. Governor Ehr- j
iilstkTWGS suggestsd, kcwcver, that
time might be reduced, as the object
has been attained and many growers
are in actual need of tobacco money
for school and other supplies.
Bus Transportation
"Strikes" against the law or ruling
thai children living within two
miles of a school building" will not
he hfiO!e<-l in- H?saei-JW -rAportfn
from several sections, parents within
the two-mile limit refusing to send
their children to school. The Slate
School Commission interprets the
school law as prohibiting hauling
children that near. Others contend
it is not the law, but a commission
ruling to help hold down costs. Buses
are required to go within a mile and
a half of residences of patrons, many
walking that distance or less to get
to the bus route. The point is made
that many of the parents kicking at
the regulation boast ever, that they
walked four or five miles for all of
the "schoolin" they got when they
were children. The statement is made!
that the objections are to probably!
the least important of the new school'
regulations.
Prominent Carolinian Dies
Marshall DeLancy Haywood, 62, a
prominent member of a prominent
North Carolina family for many
years, died at his home in Raleigh
last week; Mr. Haywood was librarian
of the Supreme Court library for
several years, until his h'ealth failed
about three years ago. His chief interest
was in North Carolina history
and he is the author of several books
and articles on historical incidents.
He was one of the founders of the
Sons of the Revolution in North Carolina.
I-ambeth to Officiate at Fair !
Congressman Walter Lambeth, of
Thomasville, will be cheif marshal at
the State Fair marshal's parade in
Raleigh on Monday afternoon, Octo-1
ber 9th, opening day of the State |
Fair. Governor's Day and American |
Legion Day will be observed Wednesday,
October 11, when Governor
Ehringhaus and the three living former
governors, Cameron Morrison, O.
Max Gardner and Angus W. McLean,
and their wives, will be specially invited
guests. A two-day motorcade
is being conducted through the eastern
part of the State this week to
create interest in the State Fair.
Bank Employee Commits Suicide
John P. Cole, 45, native of Chapel
Hill and former employee of the Page
Trust Company here, committed suicide
by inhaling gas in the bathroom
of his home here last week. Since
August 1 he had been at work in the
relief office of the Wake County Welfare
Department. Banking Commissioner
Gurney P. Hood said a recent
audit disclosed a shortage in his ac60)11018
at the bank of about 13,800.
He was bonded and the shortage will
Jjj Jjy t2lC COE"
rom Raleigh iH
j an
te At Large
. . mi. : : CO
Lieut. Falconi, of Italy, helped
open the great air carnival at St. Eci
Louis and Chicago. He flew upside- ihi
down from St. Louis to Joliet, III., j 09=
?etting & new world record of 8 j
hrs. 6 mins., and 9 sec'e. j Fe
Bctts Receives Pardon ! bot
Charlie Bctts, Randolph County, * she
convicted, sentenced for six months1 tio
ir.d served nearly two months of the Sti
Lime for stealing his own dog. was on
[jiveu a full pardon by Governor Ehr- j Uk
inghaus last week: Betts had raised 1 an;
the valuable liimter for another man j 1
md loaned it to one Marsh, who re-1 arz
fused to return it. Bctts filed claim th?:
Mid delivery papers, but failed to file j $2,
nis complaint and Marsh was given?
possession of the dog. Betts later got j
the dog and was indicted for stealing
it. and convicted in Richmond County.
The dog died soon after Bctts got
it back home. j
ha
To Reorganize Page Banks scj
Plans have been worked out for wh
reorganization of the Page Trust Co., ies
which did not reopen after the bank- unl
ing holiday in March. It will be a thf
State bank and not connected with L.c:
the recently organized Security Na-'scl
tional Bank, reorganization of the IN.'
C Bank and Trust Company. Plahs nic
are to have a capital stock of $150,- tot
000 and surplus of $75,000. Stock \te
will be levied on at 100 per cent on $3<
stockholders and a loan front the R. str
F. C. sufficient to pay depositors 20 op
per cent is planned. The reprcsenta- m
Timw tn. mating Jh.I?2
Raleigh last week, gave approval of m:
the reorganization plans. The Page pa
Trust Company has branches at Ab- i
erdeen, Raleigh, Sanford, Apex, Albe- all
marie, Carthage, Hamlet, Liberty, mi
Raeford, Ramseur, Siler City, Thom- ed
osville, Troy and Zebulon.
$3
Leaders "On the Spot"
State officials and prominent po- re<
!i'ieal leaders of the istate are uemg i *7.
"put on the spot" on this "wet" and j ye
"dry" business by a questionnaire} fcrc
sent to them by James W. Atkir.3,
publisher of the Gastonia Gazette and co'
an ardent dry. Mr. Atkins ask3 offi- wl
cials if they favor having North Car- of
olina vote for repeal of the 18th <
amendment, and, since the amend- all
ment apparently will be repealed any- of
way. he asks if it will be, in the cpin- bu
ion of the officials, better for the {nit
people of North Carolina for them to I ed
vote for or against repeal. Public j
men are wary of such inquisitors, as j of
they will be "damned if they do andlth
damned if they don't," and fear that! pe
any reply will rise up later tc haunt! bu
them. Santford Martin, editor of the lis*
Winston-Salem Journal, sent out such j ye
,i itucr in lezs, asamg leaders their j at,
opinion of the nomination of Alfred; of
E. Smith for President. Recipients of
those letters came to be known as til
the "Forty Immortals." th
oh
Reduce Valuations th
Ninety of the 100 North Carolina th
counties have reduced their proper- an
ty valuations approximately 23 per th,
cent, 10 counties not having report- no
ed, 73 of the number having made foi
horizontal percentage reductions, and op
20 having made actual revaluations, gc
figures compiled by -V. J. Maxwell, ap
chairman of the State Board of As- en
scssment, announces. Ashe County er:
topped the list hy reducing valuations
through revaluation by 63 per cent, mi
while Dare was at the other end by an
reducing only 99-100 of one per cent, es
although Avery and Camden coun- inj
ties made no reductions. Five conn- j an
ties, Buncombe, Craven, Greene, Tran- j te;
sylvania and Wilson, reduced values cU
50 per cent., while four counties re- ne
duced values less than 10 per cent: en
Dare, .99 of one per cent; Currituck, wi
2 8 per rent, McDowell, 3, and Ca- fi<
tawba 8 per cent. th
Watauga reduced valuations 12 1-2
per cent. ot
ta
Reductions in Public Service Group di
Valuations of public service corpo- $1
ration property in North Carolina for $2
taxation purposes was reduced 19.57 j ai
nur OAnt O.- 1090 f ? ? **-- ' 1
x? nuiu uie xtjat. vaiuations
by the State Board of Assessment
at its recent meetings, the g?
valuations being lowered in the ag- ,
gTegatc from $226,867,577 in 1932 to ,
$182,909,643 for 1933, or by $43,757,- ed
934, a comparative statement made
by Chairman A. J. Maxwell shows.
Railroads were reduced from $204,- ?
954,876 to $160,574,875; telephone
companies were increased from $18,- pr
140,733 last year to $19,664,435 this nil
year; bridge and canal properties Aj
w?r? reduced from $20,000 to $17.- ta
550; steamboat and water properties1 Ai
WATAUGA DEMOCRAT?EVERY
sm $101,924 to $100,533; refrigera- j
r companies were increased from j
9,349 to $55,250; express, telegraph j
d pulTman companies were reduced ;
>m $3,400,093 to $2.49TrOOO.
> x y Delinquent Counties
Raleigh.--About 60 North Carolina
unties are delinquent in their pay?nts
of school building funds to Ihe
ate to the extent of $687,085.72, of
rich $510,028,13 is in the special
hool building fund and $172,057.08,
:ords in the office of State Superendent
A. T. Allen show.
The special school building fund
s created by the General Assembly
aid the wuiities ?uul districts in
ctiaii of school buildings by loans
which the interest is at a low rate,
just enough to pay interest on the
a is sold to create the fund. The
gregate of this fund is $37,500,000.
which $12,139,386.71 is outstaudslightly
more than half a million
which is delinquent. Repayments
e due this fund December 15.
The State Literary Fund has been
cumulated over a period of years
irn various sources, largely lands
anted to the State Department of
lucation and sold. The amount of
is fund now outstanding is $1,513,- j
3.S9, of which $172,000 is rfeTIhL'nt.
Payments are due on this fund .
bruaiy 10.
STearly $70,000 has been repaid in |
Lh funds since July 31, records
iw. Under conditions of the crean
of the State Literary Fund, the
ite Treasurer is authorized to levy
any school funds in the hands of
k county to get any amount due at .
y time to cms iuna.
vVatauga County is $19,137.00 in
oars i? both funds, $17,0'7.Jf to
; special school building fuitd and
040.00 to the State Literary Fund.
unds Allotted for
Operation of Schools j
Raleigh.-- -A total of S2,453,552.78!
s been allotted for all costs of j
loo! operation for the next year, .
ich covers all items except salar- j
, and these cannot be determined!
Lil numbers are determined under!
salary schedule recently adopted, j
roy Martin, secretary of the State
liool Commission, announces,
rfce budget allotments for the eight
tilths term, out of the $16,000.0001
,al and except salaries, are fori
ins as follows: general control,
)2,-i0'\00; instructional service (inucti
nal supplies only), $45,476.00;
eration of plant, $850,702.6$; aux4
iry agencies, $1,164,972.1G; total,
.453.552.18. Slight additions will tie
ide to some of these Items as tlihe
sses.
Comparisons of costs last year and
otments for the coming year are
ide by Mr. Martin and are includin
the following paragraphs:
General Control: This allotment of
92,402 is complete except for ailing
school accounts later and is a
luction of 46 per cent from the
iH.oait cost-last year. Left vmt this
ar are costs of attendance officers,
:asurcrs' and attorneys' fees.
Instructional Service: This item
V., 1.1 Mmy mail uciiuilitl supplies, lor I
lich 545,476 is allotted, a reduction ]
72 per cent, from last year.
Operation of Piant. The 5350,500
ottec! for this item is a reduction .
35 per cent from the 51.431,934, .
t last year's costs included the
>th month which should be deduct- i
for comparison. i
Auxiliary Agencies: This allotment >
SI,164,972 does not include anying
for replacement of buses. Kxnditures
for this item, including
s replacements and ninth month,
it year were 52,262,378. Costs last
ar represented by this item were
out SI ,800,600, malting a reduction
about 35 per cent.
"Jt may readily be seen," Mr. Mar>
states, "from these comparisons
at it is proposed to expend for the
jects of expenditures necessary in
e operation of the schools, other
an teachers' salaries, the smallest
lount possible. This is in line with
e State School Commission's anunced
policy of making every efrt
to reduce the overhead cost of
erating the schools so that theTlarst
percentage possible cf the total
propriation may be used for the
lployment and payment of teachin
"It is not the intention of the com-'
Lssion, however, to reduce the
aount to he expended for the nee-1
sary objects in the school operat-; |
? budget, such as fuel, water, light
d power charges, to such an ex
at as to greatly impair the effimt
operation of the schools. There
eil be no fear on the part of parts
or others concerned that schools
U not be furnished with fuei suflient
to provide necessary heat for
e comfort of the children."
Watauga County's unit, for objects
her than salaries, will receive a to1
of $13,011.50 for the coming jear,
vided as follows: general control,
,985.50; instructional supp.ics,
'38.00; operation of plant, $3,303.00;
ixiliary agencies, $7,485 00.
The third cattle show by Guerny
breeders of Burke County has
en planned for this fall at Morgann.
Committees have been appoint
wj wc ui ^cuvi a iu tuiouge lyr
c shwo.
Yon still have time to compete for
ixe of $1,000 a year for life and
ne other awards offered by the
raerican Weekly. Read all the dells
next Sunday in the Baltimore
nerlcan. ?
THURSDAY?BOONE. N. C
j
t uhhclv/ l 1
j 4 ' J
2Icre are the four raoundsmeu to whe
looking: forward to score victories and I
old circuit hi the World Scries play a
of the American League. The first gan?
Polo Grounds in New York on Oetobei
The Week in ^
Washington.-I-low to get more]Th
iioriey out into the hands of the pub-j mf
ic, and keep that money moving fas- ! ris
or from hand to hand is the problem mt
vhich just now is giving the Admin- ; an
stration the greatest, concern. j ;
In other words, the President and tin
lis advisers are trying to find some j rai
nnok, safe way to inflate the cur- uri
*ency; and they are having a hard j si!
lime f inding the best way. ; mi
"it is no secret that the "Blue Ka- j qu
*!e" has not produced the results ex- spi
pected. Nor are the industry codes inl
coming through as fast as had been
mticipated: The coac system was re- ws
ied upon as the first means of get- ni<
ling men and women back on tbe pay- ge
-oils. It has had a great effect, but to
t is now clear to everybody that it. b&
xlone won't do the job. For business mi
concerns can't go on paying increased bo
wages and hiring more men unless
Lhey can sell more goods at profita- an
ale prices, and they can't do that un- pe
Lii it iS co^iut fu"- ("uw^i to gel di
lold of money; and in the meantime th
employers are finding it hard to raise tic
the cash for present payrolls and dif- ne
ficult to borrow at the banks for that !ei
purpose. K. - dU
Pressure for Inflation m.
Pressure on the President to act th
SDftenilv in the nf ??
jetting extremely strong. It come3 mi
just now mainly from political lead- er
ers, reflecting tliu feeling in their
districts or regions that something Ti
needs to he done at once. Senator ne
I Huntint
I OCT
We have a good sup
fl?i Velocity" shells wT
|l you can kill the gan
fellow who does not
with 3 3-4 drams of
action, progressive-!
IWe have some of the1
BARRELED SHOT
are offering at 20% 1
PRICES. Get your h
quick for the Autum
Farme
[it's Pitching Stiff
i L \ Schumacher
:fc \mM
>m National L?eague funs are j
bring the world title buck to the |
gainst the Washington Senators
; is scheduled to be played at the j
r 3rd.
iV ashing ton
omas of Oklahoma. Senator Pittm
of Nevada and Senator Pat Har
on of Mississippi are the spokesm
for large political blocs which
i urging the President to hurry.
Senator Pitt-man's demand is for
b remonetization of silver at a fair
Lio to gold, thus incr 'ising the volic
of money and raising price of
ver bullion. Senator Harrison wants
n*c "printing press" money issued
ickly. Senator Thomas is not so
2cific, except that his group wants
:lation of some sort right off.
U is no secret that the President
mis to iry uiu muic >.vimvrvv w
tthods of inflation first. The stronst
possible efforts are being made
loosen up bank credits, but the
nks say that they have plenty of
jney to lend but not enough "good
rrowcrs."
The banks are reluctant tc take
y chances, in view of what hapr.ed
to a lot of banks that did take
Alices in the past .yettr... or two; SO
c Reconstruction Finance Corporain
is offering to lend some nice,
w money for the sole purpose of
iding It to business houses and instries
who need it for payroll and
iteria's. But the responsibility for
e loans would still rest oil the bank;
the Administration is being forced
jre strongly every day toward otfcmeans
of getting new money out.
Other Sources
le public works program will get
w money out as soon as it is in
I Seasoi
OBEF
ply of those "High 1
lich simply means Ej
le farther than the |
use them. Loaded |
powerful, double- j
burning, smokeless
mmmmmmmamm
Q
very best DOUBLE
GUNS, which we
JELOW MARKET
unting bag in shape
n Season.
rs Hard'
Supply C
SEPTEMBER Jg, 1933
full operation, for tiic money appropriated
for public works ia to be new
money, based on new Government
bonds, and it is to be paid out for
work and materials, whether loaned
to states and municipalities, or spent
direct by Uncle Sam.
Now, on top of that comes a plan,
seriously considered, for the immediate
allocation of huge sums for home
building, both for new construction
and the reconditioning of existing
homes. Some of the advocates of this
plan even talk about lending money
to tear down existing homes that are
cut of date and build new ones in
their stead. Something of that sort
is being done in New York already,
m the shape of "slum clearance'"
loans, but the idea now is to extend
it to the whole nationThere
is much stronger support
among conservative economists and
financiers for thus program than for
some of the other schemes for getting
monev into circulation itiiiidjiu.
is one of the major industries; in good
times the largest single industry next
to agriculture. It employs more peo- m
pie than any other single line oI activity.
Moreover, money spent for
building is classed as "capital expenditure,"
in that every building earns
something on the investment. Even a
single dwelling earns its equivalent
rent for the owner-occupier. So this
is to be encouraged by every possible
means.
More Money for I*onns
More money is to be made available
for farm mortgage relief. More
will be available for home mortgage
relief. That particular part of the recovery
program is not moving very
rapidly. Its activities may be expanded
to take the form of new local
| mortgage companies financed by tne
R. F. C. to make new loans for new
home building as well as taking over
existing distress moitgages on easier
terms to borrowers.
All such activities are inflationary
iri the broad sense. In addition, the
Federal Reserve Bar.lic are issuing
new money with which to buy government
bonds now held by banks. Part
of the present pressure for more inflation
is intended to hurry up Tne
distribution of three billions of Fedoral
Reserve Bank notes, based on
these bonds, among the commercial
banks.
Then there are two other methods
of inflation in the power of the President,
neither of which has been used
at all. One is to devaluate the dollar
in terms of gold; the other to authorize
the free coinage of silver and Tne
| issuance 01 silver ceruucaces against
new silver dollars. There seems at the
moment more likelihood of somethingWwar-fjftrifl
with_j?ilver than there is
of gold dollar devaluation pTpui. uiC
latter is regarded as very likely to
be done as aoon as the British pound
and the dollar reach something uko
their old relationship of values, and
stay there for a while.
HOME ECONOMICS CLl'B HOLDS
FIRST MEETING OF THE YEAR
The Lily Dale Home Economics
Club of Appalachian State Teachers
College, met Thursday evening for
the reorganization and election of
new officers. An inspiring speech of
welcome and encouragement was
delivered by Miss Date, the club's
sponsor.
The new officers are as follows:
President. Helen Abernathy; vicepresident,
Leota Greene, secretary,
Mary Faye Dellinger: treasurer, Evelyn
Caudle.
Mmrmartimi
i Opens
11ST
ware &
o.