4 ' .
I - K,
FRANKLIN TIMES
K. F. JOHNSON, Editor and Manager
,n* v!?k, . . ?1.00
tlX months, 66
. hkek months, - - .H6
Friday, May 12 , 1911.
Uncle Joe and Jim Mann are
not haviny as much fun with the
Democratic Congress as they had
expected.
This is the lamb season on Wall
strept, as elsewhere, and the financial
wolves are pressed up as little
Marys to lead tb? binjbs up to the
bargain ooHQfer,
The situation of the Diaz government
is evidently One ol great bayard;
for in spite of the armistice the
Insurreotoa are constantly advancing
on the City of Mexico.
The Republican United States
Senate teems determined to do as
little business as possible; the latest
dodge is not to begin business until
2 o'clock instead of 12 o'clock as in
the past.
The Democratic members ot the
National House of Representatives
are optomistic about almost everything
except their share of the patronage
Which is not large enough to
go around.
The Democrats of the House of
Representatives have determined
through the committee on rules to
investigate the Steel Trust, which is
something the Republicans have always
fought shy. of doing.
Attobmky General Wickersham
thinks that, the United States is
n "law-ridden." The Department of
Justice is certainly too much lawyerridden
with high priced attorneys
who don't know, or won't tackle the
trusts.
The Woolen Trust, that is fighting
bard to prevent a reduction of
. . the enormous tariff rates which protect
it, declares that it is not a trust
nor a monopoly, because it controls
only about one-seyenth of all the
woolen mills in the United States.
Making arrangements for a "comfortable
compaign fund" appears to
be in progress by the Republican
leaders; and President Taft has
been dragged into the scheme and is
shifting the "big givers" as ambassadors
to toreign countries, so thev
will "come down* more freely.
Soke of those members of the
Ohio legislature would stem to be
on a par with the disfranchised
voters of Adams and adjoining counties
and the Boss Cox Dolitical ore
serves in Cincinnati, if the evidence
before the grand jury at Colnrabna
- convinces a petit jury of bribery. ?
Beeose tbat bunch of farmers,
whom Senators Nelson and McCamber
have invited to appear before
United States Senate Finance Com
mittee, arrives . in Washington,
President Taft should see to it thai
the "keep off the erase" signs are
put up on the reciprocity reserve.
There is a terrible panic among
Republican legislators in Ohio, tor
' * Governor Harmon and his attorneygeneral
says that they want to send
every man connected with the bribery
scandal to the penitentiary.
Although we are Democrats we will
not protpct dishonest Democrats any
more than we will dishonest Republican
legislators.
Price and Business.
Tbe price ef most farm products,
except ootton, has been falling during
the past year, although the Republicans
insist that the tariff protects
tbe farmer. But when we
compare present prioee with those
of a year ago on a number of commodities
we find that wheat has decline
in priee 17 per cent, corn 10,
oats 18, flour 10, lard 17, pork 80,
beef 20, butter 40, leatbei 10, iron
14, and print olotbs 12 per cent
The decline in priee of the farm
k prod acta make quite a whole in the
ekj. income of the farmers, and of course
' it fellows tbat trade in the farming
;. i '5
regions is dull; for with less income
there must be leee outgo. Business
is dull, except ill the cotton states
and quiet business in the agricultural
districts means a stoppage of production
in the manufacturing centers
and in the wholesale markets; there,
fore, business is quiet, many men
are out of employment, and wages
Are declining.
The decline in the price of - necessities
is a boon to the consumers
in the cities, otherwise there would
be greater distress than there now
is, for on the ayerage eighty cents
now tvitl buy the same quantity of
food that required one dollar a year f
ago. But falling prices always re-1
tard business, because the manufac- I
turer, the wholesaler, and the re-1
laiiet fear 10 stock up when prices [
are declining, ^hen prices adyance j
the manufaofurer buys fre?lt of'
' I
taw material, the wholesaler stocks
up, and the retailer orders more liberally;
and each advises his custon^
eas to buy, for "goods are goinf^ |
up." Such business conditions arej
the beginning of a "boom". The j
good times continued tor a while un-1
til many people beoome extravagant j
and over-venturesome, and the {
"boom" fades and the decline in
prices follows in due course. Since
the panic of 1907 we have been going
through recuperating period
which has been much retarded by
the "effort to keep up prices by pretending
that business is good. A
sort of Christian Science applied to
our business ills.
Whether we have at last reached
I thp nf LKo nvnln r\t '
? J ? """"6 K,ivwo
and may soon expect improvement
is an unsettled problem. Probably
it will require further time before a
change for th^better cornea At least,
it will require that good arops for
this year shall prevail, and that next
fall when the harvest is assured oonfideuce
will begin to return; then
more normal business conditions
may be expected. After awhile
prices will turn upward and the beginning
of another "boom" will be j
born to develop in the future.
There seems to, be no escape from
these downward and upward trends
in business and prices.
If'we were not hampered with
high-tariff protection we would un
doubtedly recover more quickly, tor i
the tariff proteetion to the trusts
and combines allows them to main-1
tain their high prices long after the
law of supply and demand would
have caused a reduction in prices
and in the increased consumption I
that always follows.
Our panic of 1907 was somewhat I
duplicated in England, but, not be-1
TlHg tied down hy n tnriff to keep ,
! prices up artificially, values rapidly
declined and consumptions increased
so business there is better now titan
it has ueen fsr many years, while we
are still struggling with falling I
nrtPoa anH /lull Knainooo I
f vuo.ucoo.
It is impossible to avoid the con-j
elusion that oar business ills arel
greatly of our own making and that}
with tariff teform accomplished hard
times will be less prolonged and not
so disastrous as they now are.
Eighty-First Anniversary.
Wake Forest, N. C.?An anosuil
and very interesting event was celebrated
in oar town on the 30tb of
April, when Mr. and MrsE. G. Lojd
gave a birthday dinner in honor of
the eighty-first birthday of Mr. John
P. Strother, the father of Mrs. LoydIt
was also the occasion of little
Effie Loyd's birthday and she had
a share in the honors of the occasion.
Mr. John P. Strother is a native
of Franklin coanty, having been
born and raised there. lie has
been a consistent member of tbe
Methodist church for thirty-five
years. He has thirty-five grandchildren
and thirty-three great-grand,
children.
For four years he served faith,
fatly in the Confederate aimy and
, was with I?ee at die surrender when
. the hopes of tbe Confederacy were
forever laid aside. It is said that be:
brought borne with him a piece of
tbe apple tree Dear wbioh the sur,
render was made.
We extend to him the best wishes
of ihe occasion and trust that he
i will be spared to spend many more
happy birthdays with ^is loved ones.
; s . J. G. M.
' **
=w
Lpe
Stbre
Just Around the
Corner j
AlwaVs alive
with the latest
upttodate
BARGAINS
Still selling *Wre Shoes and
Slippers thanj/ any store in
town. If youJcant guess the
reason let miyuoe you.
It cost you
v less /to trade
at this store.
SEITHIS WEEK'S
. SPECIALS.
tOO ladies taped rest 8c, 2 for
154, a regular 1( e yest.
fcoo ladies new st collars and
Jab bos worth up to 50c for 19c
/ 200 pairs silk 1 sle gauze 25c
nose for 10 days 21c
I Pure silk hose, the best pos/sible
50c seller f ir 45c.
I One lot of IS 1-2 and 15c
I dotted swiss curt tin mull, 10
/ days 10 cts. i i
/ Set up ai^d Take
NOTrcE
The finest quality babv Irish
Floupcing aim Insertion
to match, 500 botes reached
the importer mora than two
months overdue, sjdd to him
at a big discount, p will post-?
tivelv save you ^TXQ on each
of these handsome dresses.
Another 'lace surprise. Have
just opened ud a hew lot of
German round thretd lace not
a piece worth less tfian 10c all
to be cut one half, wbar choice
5c. J The popularity
WARNER'S
| rust proof llpnbreakabA
CORSETS
is i wonderful. i this
liQe just one montlol^Bb Te~
ceived yesterday a filling
in order Gran my^^Bgtnal
oraer amounted to. J^Hfrnsd
with featherbone, r,o.^Ht. no
break, an ideal kumme^^Rrset.
Wfu-ner Brotherk man^Bture
more Corsets than ar^^fc'Ber _
fadtcry in the wdyld. still
AT 1 BIG REDUCTION
Shrewmhuyers and! those who
care tk says W? to
R. Z.\cBRT0N
I [
' . :'"r"'
WBggg^,,M**g^gll!^lB?gWe
Farmers and !
/HC'5 NO
RJr X (BETTER DO
tou^fiOT
- - ' k4r?
IT 'W&OL?BI
TO H/WEV"yT?T
INTHC BANI
You can take care of youAelf when vou (
Make Our Hank Your Bank. We pa/ liberal interest c
THE FARMERS^ AND
/ LOUISBUR
/ OFFIC
0. B. Cheatham, Pres. F. K. Egerton,
M. S. Clifton, Aa
UNDER SUPERVISION n>r -rue
I THE AYCOG
x We hikve tl
x Drug Stoire i
X N^WS
NEW Vl>
X NEW POl
FRESH STOClj
Everything n
except ourfl
~r arS
| "Old Re
gas/on
sku BC
A CIAYTON
^ Who are with us ana anxious
serve all th<
LJ AYCOCK DRU
I LQAJISBUF
ROOM S RECENTLY VACATED BY 1
AAAAaaaaaaaaaaaaaaaai
WWWWWWWWWWWWWWWWWWVW*
My Ice House is now open for business.
To those who nave not paid their JTc^
last year ice account \ will appreciate
an early aettlembTrt^Pay your accounts
promptly, enables meSti pay mv accounts
promptly and gar-sjrompt de- //qOA MWJ/T&rW
livery. Please give youV ordb?$for Ice ( fr^ i
one or two hours ahead A Leavb^your 1 I (~ > ?8?i T^ri!
order with us on Saturday for Sunday. V \C^yrwk^r?J/ R
LOUISBURG ICE COMPANY \ xSbZ/TI 1Y\VJ7//j
Per Jno. W.<King. Mgr. | I Vvgoyj/
JnO. W. RlngrSarii
> clutch, which allows I
/ " [ Direct sight opeiflng
Headquarters for b"?
Everything Good lT HURSTON
liU JS#ttb\ I
Hy MiHM>
Quick Sale* artd Small At.~~ma
-1automi
Quick delivery, best goods for the But \
money. Bring rafc your eggs, chicken* \
hens, butter and fell country produce? c \
Will give the higlfcet mat ket price. \ X
' ICE :\
THE YEAR ROUND
I am agent for t le King Weeder. King Best grades of g
Side Cultivator I nd Guano Distributors
This machine pflts the guano around
thh plant, where it does the moat good
Com. to in me. LOlUSt
J NO. VV. KING
- L__j.
Merchants Bank
ojjjSr:
WELL
JR MONEY
V '
[et sick if you have money in the bank;
[insistent with safety 4 per cent, compounded quarterly
MERCHANTS BANK
g, n. c. : .
ERS
Vice-Pres. R. Y. McAden, Cashier,
iistant Cashier.
state of north Carolina '
( Drug co. i 1
ie / prettiest X
a /the State. X
[TORES Z
JMTA1N X
JOF DRUGS T
ew and fresh ^ (
force which T
thev.
.liables" Z
AYCOC.K \ "" ^
1DDIE \ 5
r HIGH \
i and waiting to. see and
(ir friends. \
G COMPANY |
IG, N C 'X
HE W. E. WHITE FUUNITURB CO.
~|gggg^ Indian. :
f The Best Made
ide witfKeither belt or chain drive. Exclusive engine tea- j
> other mabhine Automatic lubrication instedS of having:
land. Cradlb spring fork instead of coil. Free engine]
machine tOBtop<without stopping engine and two speed gem
oil guage. Prices from $200 to $360. See me and machine'
guarantee satisfaction.
fV' MLLE.N, AGT. LOUISBURG, N. C.
For Hire any and
\ all times.
rtJLii r Machine WorlP<& ?
J BILt Repairing our
Specialty
Supplies, of ^al.
Kinds.
asolike and oiltoi^e. Machine Shop for nil
, 1 kinds of Repairing.
>urg Auto & Machine Co.
\ LOUI8BURG, N. C.