Newspapers / The Chowan Herald (Edenton, … / May 28, 1964, edition 1 / Page 15
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Nobility Os Population, Industry And l lanital Funds Change Economic Face Mpss movements of the popu lation, combined with important shifts in the geography of indus try) [end accompanying employ ment:.opportunities, have brought a pronounced change in the eco nomic face of America and have left 'their imprint on every part of the country. Ini a broad sense these devel opments and their consequences are strongly reminiscent of the old '.“covered wagon” days of the lost; i century, but of course in Hjbdfem dress and on a vastly mois enlarged scale. And they have been receiving a powerful assist from a comparable mobili ty of capital through the people’s savings accumulated behind their life -insurance policies and in , their other thrift institutions. | As ff major source of investment funds : for business, home owners, ; and ‘Government, these savings j mirror population and industrial ( changes in their flow into the nation's economic life. ;s}ig Interstate Migration i The extraordinary mobility of ! the .population, with one person < out of every five moving yearly, i has been one of the outstand ing ’characteristics of the Ameri can scene throughout the period since the end of World War 11. i While the major part of this i moving about has been local, i What’stands out particularly from I Vote For And Elect PALMER B. TYNCH i, t . For Commissioner Second Township Chowan County Subject To Democratic Primary May 30 YOUR VOTE AND SUPPORT WILL BE GREATLY APPRECIATED! “1 don’t know how I ever did i , without it. 5 ’ j When yod come up with one tool that does the job of two or three, frees at least two tractors for other jobs, and pays for itself as it goes, you can understand why more than one fanner would make-such a statement. F This is exactly what has hap pened in the case of the amazing Bolling Cultivator, an imple ■ ment that has brought unprece dented acclaim from farmers, dealers, county agents and other agricultural specialists from one end of the country to the other. Here is a high-speed culti vator—working up to 10 miles . per hour—that will break crust, l K | Come by for a demonstration [ Then you can judge for yourself. [ WE CLOSE AT 12.-00 NOON SATURDAYS Hobbs Implement Co., Inc. GUY C. HOBBS, Mgr.» “Your John Deere Dealer” EDENTON, N. C. the national point of view is a great and persistent tide of in terstate migration. The latest figures of the U. S. Bureau of the Census show that a record number of 5% million persons crossed state lines to es tablish new homes in the year ended in March, 1961. Data for previous years reveal that the number of interstate migrants exceeded 5 million in every year but one during the decade of the Fifties. Indicative of its magni tude, this represents a shift in just one 12-month period of a population the size of the entire State of Massachusetts The major beneficiaries of this migration were a group of States along the southern and western rim of the country—Florida, the Southwest, and California. It is here that some of the nation’s greatest population gains have occurred in the post-World War II period. And it is here, too', that the business and industrial map of the United States has shown its greatest changes, as evidenced by very large increas es in non-farm employment. ’ Where Employment Gained Most For example, the U. S. Depart ment of Labor reports that the number of nonagricultural jobs in Florida more than doubled in the 1947-60 period, with a rate of mulch soil and weed crops cleanly in one operation. It will even form beds if you want it to—at the same time. With the Rolling Cultivator, it’s once-over, all over, perfectly, swiftly, and you can save enough time, labor and money to pay for it in one season (one farmer said "one week”)* It would take all the pages of this paper to give you the complete story of how the pat ented and only true ROLLING CULTIVATOR has saved crops and made money for farmers from coast to coast. All we can do is give you an idea of its worth and ask you to, r m V _ , THE CHOWAN HERALD, EDENTOK, NORTH CAROLINA, THUAftDAY, MAY 28, 1964. growth more than four times that of the United States as a whole for those years. As a result, 'Florida has moved up into the No. 1 spot in nonfarm employ i ment in the South Atlantic States from fifth place in 1947. Percentagewise Arizona show ed an even greater increase, with 230 joDs in nonfartn employment in 1960 for every 100 jobs in 1947. And comparable job in sreases for New Mexico, Nevada, California, Colorado and Texas ran from about two to four times that of the national rate of growth in the 1947-60 period. A marked corfelation with these employment and population patterns is found in the regional trends of life insurance company investments compiled by the Life Insurance Association of America. These figures cover 49 compan ies with about seven-eighths of the assets of all United States life insurance companies. They show greater than average growth for the period from 1947 through 1960 in the flow of life company funds into the South Atlantic, the West South Central, the Mountain and the Pacific States, with the last two regions showing increases more than double that of the investment growth rate for the nation as a whole in the period. Some of the forces making for the population and industrial changes are long-standing in na ture, such as the movement out of the gricultural States of the Middle West in keeping with the long-term downtrend in the farm population, large-scale mi gration out of depressed areas in the Appalachian Coal region of the East, and an exodus of whites as well as nonwhites out of the Deep South. Climate and Other Factors In more recent years, a num ber of new factors have come in creasingly to the fore to influ ence not only the migration tide but also the location of industry and the growth of jobs. These include climate and weather ad vantages in Southern and West ern States, proximity of natural resources, technological change, and the choice of sites for new plants and installations called for by the Cold War and the Space Age. And with these is the growing army of pensioners M Rjk - , H Hit .r ' I 1 T I ' > •‘y .v* i 1 ’ • £- >'4 I V 11'... it SLIM LOOK Dusty pink crepe is used by a Paris designer for this slender evening gown for spring. Topping the fitted gown is a glittering bolero jacket, , with long sleeves. under our far-flung system of private and public retirement programs, many of whom have pulled up stakes to establish new lives for themselves in different parts of the country. One of the interesting results of our population flux from a different State than the one in which they were born, according to the latest Census Bureau fig ures. In States to which migra tion has been particularly heavy, the proportion of “newcomers” three out of every ten native Americans are now living in a sociological point of view is that among their residents runs to double the national average and more. One On The Deacon ‘Brother Brown, I’se a col lectin’ fo’ de benefit o’ your Worthy pastah,” explained one of the deacons as he called on one of the brethren. “You all know our. rector am leabin’ this church and we all am agoin’ to get together and gib him a little momentum” oBULOVA YOUR CHOICE $0 >175 M* r ELIZABETH Modem youthful styftngw precision Bulova quality. 17 jewels. In yellow or white. ' SURF KING A fine 17 Jewel waterproof* with famous Bulova quality and crafts*) manship. Shock-resistant, unbreakable: mainspring. Come in and see our\ extensive collection of PIILOVA gift-quality watches, today}/' Ross Jewelers PHONE 482-3525 215 South Broad Straet EDENTON, N. C. *Who W cr.UQt Qti ns* — mmmi DEMOCRAT FOR LIEUTENANT GOVERNOR Public service is natural in Bub Scott's family. “Farmer Bob" Scott, bis grandfather ami for whom lie was named, was in the Slate Senate. He was a pioneer in education and farm programs and stood with Aycock in the fight for public schools. Bob's father, W. Iverr Scott, was Commissioner of Agriculture, Uov ernor, and United States Senator. Bob Scott's record ill working for the benefit of the people is impressive. Here are some of bis contributions in public scr\ ice: • State Chairman of United Forces for Education • Master of N. C. State Grange • Chairman of State Board of Conservation and Development Parks C ommittee • National President of U. S. Poultry and Egg Pro ducers Association • Member of Kerr Reservoir Development Commission • Member of N. C. Seashore Commission • Chairman of N. C. Consumers Committee for Low-Cost Power • President of N. C. Society of Farm Managers and Rural Appraisers. Bob Scott is a Ruling Elder in Hawfields Presbyterian Church and has been chairman of the Board of Deacons ... He has been Alamance County's “Outstanding Young Farmer." ... He is a di rector of the Bank of Haw River. Bob Scott has a familiar name - one you can deperid on. Chowan County Committee for Bob Scott Jb ■ i- ' _i-,«u ._ a. -i; •;,* ...... PAGE THREE I—SECTION THREE
The Chowan Herald (Edenton, N.C.)
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May 28, 1964, edition 1
15
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