North Carolina Newspapers

T r r 'V f fc' THBCAfeOtlNA WATCHliAN, SALISBTOT, H. 0. MCAFOLIMYATCfMN Wm. H. STEWART, Editor and Owner Published Every Wednesday At Salisbury, N. C. Subscription Price: Watchman, 1 year.... .75 Record, 1 rear... -75 Th JrosresalTe Farcer, 1 year.. 1.00 j 77 -UJHMIMMIJI- BMBM AH t or a ysar each, only 51.50 Entered a second-class matter Jan uary lfttk,- 1906, at the postoffice at Salisbury, N. C, under the act of Con gress of Mpch 3rd, 1S79. Salisbury, N.C.. Oct. 24, 1,917 SOLDIERS IN THE VERDUN SECTOR REPAIRING A RUINED CANAt :l ' 1 " IS MURPHY WORTHY? Walter Murphy, wbo seeks the Democratic nomination for Con gress from this district, is iri the miticta of many good people, un worthy of the high office he seeks. We have traitors enough in Congress now and no true American wants to see the num ber increased. Vr Murphy has represented this county in the legislature on several occasions since this county voted for pro-bit-lion oy .j. good majorily and, white Caere supposed to be repre senting the people, and uphold ing the laws of the State, it is charged that he was at one and the same time the paid repre sentative of the whiskey interests If a man will take the people's money and the money of the wbi: 27 ring, who were greatly in the minority, at such a time and ruder such circumstances the i that man is unworthy oi further confidence. Have we any reason to believe that the wiuskey ring's money is 1etter th';:i the Kaiser's? Can such a ma'i be risked in Congress at th;s time? Tbe North Carolina Neg-ro troops wili be taken to Fort Gr .,vit, niinois ivortb Carolina produced $1, 69 087 .worth of granite duriug 19 1 3 . Of course Rowan County die1' 9. part oi this A Liberty 3ond la a good in vestment, the purchase of one is a patriotic duty,, ard something that every citizen ought to do who can. You ought to be wil r ag to do so little where there is absolutely no risk while, the soldier, boy?, are disking their Hvtj3 to protect our country and yom life and property .; . With Senator Overman so ably reptseniing Salisbury in Con gress, this place is getting a bout all she may hope for and, if the western end, or central p.r-tion, of this district is not gr en Ihe 'ongressman by me jJe:. - at?, it will be taken by the Republicans.-' That's the m.i'c iii tbe coccarut. f there is such a thing as in consistency, it seems to us that the advocacy oi prohibition and piif of the most persistent and load-mouthed, ami prohi bitionists for Congress at one anci be same time, is it. But c coarse when a fellow hin'tgot intelligence enough to kricv wha t is inc3nsistency, we suppose people wili be excused for smiling. ' If yort your ears TTbuM save from jeers, Thfsso things keep meekly hid f yrelf and I And mii v md my, An- bow I do or did." The engagement of Miss Sa"'ie Ford of Clevlaod daughter oi: John B. Ford of Bonth 'River, and W D, Mr-ider of Chapel Hill, ha Tueu announced. The -we diiig will take place next J.; juavy.' tue tarriag ot Mi'sb Mvrfje IP t:-?zean.d-Clyde Dal took place at the home of the bride? parents in Atwell To wne hip Sunday. rnrMf-is nifisimif i rnuibrimyudiiu IS RECOVERING i I natural Thrift and Econor Promise Rapid Progress EXPORT BUSINESS GROWING Our Great Ally Possesses Recuper ative Powers Which Justify Belief That She Will Meet and Solve TrK umphantly the Problems Which Con front Her After the War. Witii Paris boulevards echoing with wives" for American troops our inter est in tne welfare of our ally vastly increases, and the facts are not lack ing to encourage the belief that she is already on the road to recovery from the blow of invasion by a ruthless en emy. One of the most important devel opments is the announcement that one of the largest banking institutions in America concerned with foreign trade, the Guaranty Trust company of New -York, has opened a Paris branch to handle the rapidly increasr ing volume of French business. This action may surprise many per sons who had thought of France as bowed under a calamitous invasion. The bank, however, gives figures indi cating that France is not only meeting her military and civilian problems with a stout heart and never failing cour age, "but is re-establishing her export business with this country. In 1914, the year of the outbreak of the war, imports from France to- this country totaled $141,446,252. This to tal was reduced to $77,158,740 in 1915, but last year the value of French im ports to the United States rose to $102,077,060; "A nation that, can achieve such a commercial recovery while her terri tory is being ravished by the invader," says the Trust company's statement, "possesses recuperative powers which justify, the belief that she will emerge from the present conflict prepared to meet and solve triumphantly the prob lems which confront her." The commercial and industrial rec ord of France, following past wars, in dicates that she should recover quiekly from the actual physical destruction inflicted in the present conflict. The reconstruction of railroads, the erection of factories to replace those destroyed, and the replacement of the mechr.rim of industrial activity that will be re quired and that is in part already planned, offer a. peculiarly inviMng field to American capital and enter prise. Tentative steps have already been talren by representatives of Amer ican engineers and business men in this work. Aside from its attractive business aspect, the enlistment of American money and effort in the great tusk oi reconstruction that will remain at the end of the war will tend to cement Lill more closely the ties that bind the two great republics together, and will en able Americans to discharge in rmrt the debt they owe to France for her friendly interest in the welfare and progress of the United States from the beginning of its life as a nation. In Judging the industrial status of any nation, its production and con sumption of coal, iron, and steel and the growth of its transportation sys tems are highly significant factors. In 1869, French industries consumed 21 million tons of coal, of which 13.5 millions were taken from home mines. In 1912, the consumption was 61 mil lions, of which 41 million tons were taken from home mines. In 1869, the French output of cast iron was 1,380,000 tons, and of steel, 1,000,000 tons. In 1914, France pro duced 5,311,000 tons of cast iron and '4,635,000 tons of steel. Tfce 'increasing activity of her rai' way system is similarly demonstrate able. In 1S69, there were in Francs.' 10,743 miles of railway track ; in 19123 there were 31,546 miles. ' Betvreen 1869 and 1912, inland navt gation increased 150 per cent; whil the traffic of her mercantile mariif has amazingly expanded. The tonnages entering French ports in 1809 is retj down as 11,000,000 tons. In 1912 this had been increased to 53,000,000m tons. Leaders in American finance ascribe j this solidarity of the French republic to three influences; first, a thoroiisnlif sound banking system, centralized i one erf the greatest banking institutions of the world, the Bank of France ; sec ondthe ingrained thrift and f rugalirfr. ' of the French people as a whole, tc gether with a national economic vigo?" not elsewhere surpassed; third, whjfe supervision, and patriotic co-operatio by the government with banking an business interests. . The government does its part to walC rant and retain the confidence of thjt holders of its securities. One o i?s wise policies is to impose new taxes i defray the interest charges on new syi curity issues. It began this pra"l ai'ter the Franco-Prussian war, and I J today following the same rule in reri&j to securities issued to finance the pre i ent conflict. This continuity of puf pose, doubtless, will prove reassuric to all holders of French goyernmeiff; securities. The Franco-Prussian war of lS7ji 1S71 taught the French people th" meaning of thrift and economy. Sff well did they learn this lesson",' tivaf the whole sum xf the indemnity dfj manded by Germany, $l,000,000.O0j was raised within the republic's cojf I fines by its own inhabitants and p:i4 . off moie than one year before the tiiiifr., stipulated by the Germans fi The habit thus acquired hns nev been forgotten by the French, and tr ; day the aggregate number of investors j purchasing the French war loan h reached the amazing total of 4.."(0,0Q i individual subscribers. Perhaps no ot er country, in proportion to it? pcpulW i tion, can make so good a showing." Jgr j France is particularly fortunate ffl that her small investors prefer "saff investments rather than offorinVs which promise high returns. Govejg Jiiont rentes, in France are perpef nl. and This characteristic seem:, to f tain tor these government bonds creasing iavor in tne eyes or French people. The points of sympathy betwei France and America are too ma. ti), enumerate, but the spirit of liberty al its resultant democracy are, today s always, the major ideals of both na tions. Seeking no victories but thope of peace, no territory except their oyp; no sovereignty except sovereignty ovjr themselves the independence ajjjd equal riirhts of the weakest member gf the family of nations are to.il.. peotf of the United States and of France en titled to as much respect as those kt the mightiest empire. In defense these principles, France is enj;agedi a ueith struggle with militant uutpr lacy and ruthless aggression, and it! not . surprising to learn thnt se hjg3 loaned to her allies and to other friendly states 7.000.000.000 francs witu whvgj to further the cause of democacy. p; is in keeping with America's traditions" thnt since the date on which we for mally aligned ourselves with France and her allies in the great struggS, our government has lent to France $370,000,000. li lt is eminently fitting that Ameri?ia should now be fighting on French spl to make the world safe for democra. ' The liberty that America hs enjoyed for 140 years France helped her p achfeve. The swords of Lafayette a lid Rochambeau, aided by the guns of ife Grasse upon the high seas, assisted ln cutting the foreign ties that bound tte American colonies prior to the War i: Independence, and from the prive purse of King Louis himself came te first ioan to America unsecured ad unconditional to finance that historic , undertaking. It was with entire tice that Washington wrote to Rochajpfe beau, "To the generous aid of youra tion and to the bravery of its socs to be ascribed in a very great degree that independence for which we hape fought." All this week we are showing speci ally selected fall and winter mer chandise at very attractive prices. ecia For This Week Youn Hen's Belted f uits, 1 1 7"" 5 . Fai Men's and Boys' Hats, value $'.00 week price $1.00 BOYS' SUITS AO n ill I ii! I!!-ill- fir !l 1'. i! The new belted models at Special Fair . . Prices. Week I i 'it 1 'tew n mh the WM. P 3 ay you st tli to visit TOED i n ow is th Tsn3 t ew and Suliscriije "'if 4fki Bf-a H t -a 9 & jtt rem na Wat chin a nn ine Record Before the !noria:e m Price which is Bound t$ iz?h-j place soon. THIS IS YOUR OPPORTUNITY. CT- hTW. , a IN THEIR RETIREMENT FROM OCCUPIED TERRITORY THE Ge MAN ARMY DESTROYED MILLIONS OF DOLLARS OF AGRICUlfc TURAL MACHINERY. W Fatriofl. E3ake it n Pnint i.aB. v Paper? PuSsEsahcid by Hon,? Folks, First, Tha W&tol2Kaa and Heoord? SI pep yea; , II : III i if i 1.'! 2H If:.