Newspapers / The Chatham Record (Pittsboro, … / July 11, 1929, edition 1 / Page 3
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THURSDAY. new ford finance COMPANY MAKES IT EASIER TO BUY ford AUTOMOBILE Universal Credit Company Develop ing Great National Organization to Handle Model A Time Payments One of the developments of the ~ lS t year which created national in in both automotive and finan cial circles was the organization of Universal Credit Company for the purpose of financing exclusively the !: m e sales of Ford products thruout t j ie country- Untimately service of a similar nature will be provided in all countries where Ford products arc sold. Universal Credit Company is a specialized financial institution cre ated to provide uniform and authori sed time payment plans at low cost for the purchase of Ford products on an instalment basis. The Company in the first year of business just closed has made sound and gratify ing progress. The reception accorded the authorized Ford Finance Plans by the public and Ford dealers in the -1 large cities where branch offices have been established is in *’ deed impressive. Today UCC has purchased instal ment contracts in excess of $75,000,- 000 which establishes a new record in instalment financing for an insti tutoin which has only been in opera tion for one year. It is anticipated that the volume of business handled will exceed $25,000,000 monthly from now on. In the short space of a year, the UCC organization has grown from an organization of ten people to one employing almost a thousand. Already there has come a realiza tion that the Universal Credit Com pany was created primarily for the sound financing of the Ford dealer i and ihe purchaser, and not with the | primarly olject of profit. Its esta-! blif’.mient is thus squarely in confor-' miry with the reiterated Ford policy of creating and developing every possible economy from mine to con sumer, for the benefit of the public. The purpose is to reduce the cost of credit, to the individual who buys ! on time, commensurate with sound business policcies. This reduction in rhe cost of credit is made possible by the many economies that arise ■ from the operation of an authorized plan, on the basis of nation-wide volume, and dealing exclusively with the Ford dealer organization. Sim- 1 plicity of forms, special bookkeeping and statistical machinery and general uniformity of procedure all under centralized control and management, are constantly contributing to cut these costs. This cost of credit is just as vital as the cost of any of the material that goes into the building of the automobile. It is in every sense a! commodity which becomes a part of ( TO THE PUBLIC: \ f| The order restraining the Board of County Commis- ! sioners and the Sheriff of Chatham County from ad vertising delinquent taxes on May 1, 1929, has been 11 dissolved. Therefore, the Board of County Commis sioners are compelled to, and have, issued to the Sheriff a resolution ordering the Sheriff to advertise on Au gust Ist, 1929, the lands of all delinquent tax payers who have not settled their taxes by August Ist, 1929, 1] and to sell the lands so advertised on the First Monday jj in September, 1929. | The Commissioners in making the above order are but V complying with the law by which they are governed, and under the same law the Sheriff will be compelled to comply with the order. Therefore, please bear in mind that there will be no further extension of time before advertising, and that the advertisement will ap pear in the papers, without fail, the first week m Au gust, 1929. I Trusting that you will make arrangements to settle all I delinquent taxes before August 1, 1929, I am Yours very truly, G. W. BLAIR, SHERIFF CHATHAM COUNTY t the completed article before it is '. ultimately sold to the public. 11 Thus the Universal Credit Com ’ pany’s low finance charges are equi- I valent to a price reduction on the I j Model A car and other Ford pro- I I ducts. Then there is that important mat • ter of good will. A buyer delights t in dealing with an organization that i gives him prompt, courteous service, j that deals fairly with him, that main > tains scrupulously the standard of its . I product and that is constantly instill .! ing in that buyer a sense of reliabil f ity and confidence and appreciation k of the seller and his product. ! UCC is serving a still greater pur ; pose in the economic and social ‘ phases of our national life. In addi i tion to adding to the advancement ; of organized industry, UCC is at the same time contributing substantially to the happiness and contentment of . society. By extending credit to every . deserving person in the nation at the ; lowest possible cost, UCC is helping ; to bring greater health and happiness to a large group of American peo ple, heads of families as well as their children. In the process of transition from the crowded city to the healthy (country districts, UCC is aiding the American family to establish itself with economic advantage in more desirable locations and is thus help ing to raise the standard of Ameri can living conditions. Thomas A. Edison, an outstanding genius of our time has recently said on the subject of instalment selling: “What we call instalment buying is one of the methods by which we are preparing to take immediate ad vantage of the opportunities for a higher standard of living thru ma chine production. That is a method of saving ir goods instead of saving in money. In the old days a man spent most of his life getting ready to die. He saved against a rainy day—against old age. Now, altho it ! is a nice thing to have a fund to fall { back on, a family thinks more of liv j ing than of dying. j “People who work for wages sel ! dom come into the possession ol con siderable funds. Unless they save, they can hardly ever buy an article costing over SSO or SIOO. Their in comes, however, justify the possess ion of more expensive articles that contribute to their comfort or their enjoyment much as automeinles, pho nographs, radios and books, as well as many household conveniences. There is no reason why the manu facturers of these articles should not aid in the purchase by shifting the point of saving from before pur chasing until after purchasing. “If the cost of living goes down— and invention and engineering are bound to drive it down—and wages go higher—and they are bound to go higher with more efficient pro duction—then still more attention can be paid to living rather than dy ing. This whole instalment system which is gradually developing along i business lines will be a necessary , part of the job of having consump THE HAMLET NEWS-MESSENGER, HAMLET, N. C. > tion both increase and diversify in j order to take care of production. “Saving by people of moderate ■ means, in order to provide funds for ; investment, is not so necessary as it - used to be. The big companies are j able to provide their own investment . funds to a considerable degree out 5 of their own earnings. We are get ; ting a new slant on savings by the , individual of comparatively small . earning. One evidence of that is the ; giving of more attention to living ~ than dying. That means that people . in general have greater confidence i in the future than they used to j have.” . 1 Sound spending by the recipients [ of American high w iges logically . follows. If industry is to continue ; to create products they must be con ( sumed. To make this consumption ’' possible by the wage earner who ‘ helps create the product, the manu ' facturer presents low cost finance ; plans and makes available credit ; where credit is due. A sound instal ; ment plan is now one of the neces . sary elements of our modern system • and is so recognized, i The institution of instalment sell ' ing has contributed a monumental ■ share in the development of indust ry. The cost of credit to the con sumer is of paramount importance to ■ prosperity and to the individual. In the operation of the Universal Credit Company, they are always aiming at ■ lower costs and broader markets with high standards for the specialized banking field in which it has embark , ed. Thru these lower costs for finan cing service, the use of motor cars is made available to that great sec tion of society who most benefit by every economy. With these ideals of service paramount in mind, Univer sal Credit Company is making a con tribution to the economic and social phases of American life. UCC is operating at this time2l complete offices, located in the following Atlanta, Boston, Buf falo, Charlotte, Chicago, Cincinnati, j Cleveland, Dallas, Detroit, Houston, Jacksonville, Kansas City, Memphis, Minneapolis, New York, Norfolk, ' Philadelphia, Pittsburgh, St. Louis, Washington and Mexico City. <g> SIREN SCNG Coach (between halves) “Say, you, what’s the matter with you? Didn’t I tell you to kick over the sidelines so their quarter back couldn’t run the ball back? I been tellin’ you that all week, but no—you gotta boot it straight down the field right in his arms, you mush-head!” Punter—“Aw, listen, coach, I ain’t got a chance. I kicked the ball the way you said every time, but the old pigskin ’ud curve in, that’s all.” Coach—“Oh, I see—it was the j wind, huh?” . Punter—“No, it’s that quarter ; back. Didn’t you hear him yell every time I kicked that damn pigskin? Don’t you know he’s the champion hog-caller in lowa?”—Life. More War Time Horrors to Be Razed - I !• ... ... ... .•>• .... -"•- —•- • :’v • ; \Wy - ***&4fe bth \ ' j |if - i j§§|pt Another Washington “hang over” from the hectic days of 1918, the so-called Government Hotels, built in the Union Station plaza to house temporary var workers, is soon to be razed. The buildings are of frame and stucco construction and have been called an eye sore for years. »-~" ~ ~ Start of Women’s Balloon Race in France t * •• Scene at Si. Cloud, France, at the start of women’s balloon race. The feminine air pilots displayed great skill in handling the balloons. I . My Favorite Stories l»y Irwin €ol»l» What the Yellow Light Meant IT WAS in the days when a peep show was among the attractions oi every village fair in England. Stand ing beside the entrance, the showman was reciting his usual speech explain ing the picture being shown within. Among the spectators, all with eyes glued to the tiny apertures outside, was a small and inquisitive boy. “You now see before you," an nounced the showman in loud and im pressive tones, “a picture of the great London Express. This marvelous train makes the phenomenal run from ter minal to terminal in only three and a quarter hours. This record-breaking run is made with only one brief stop for the taking on of water. The great train then proceeds on her way with out further interruption until her des tination is reached, in the picture, Ls you will look closely, you will see a red light This red light is a warning light signifying possible danger. If the red light is seen this swift train must slow down to ascertain the peril.’' The small boy’s voice interrupted: “But, Mister, what is the yellow light?" it piped. The entertainer looked at him se verely. “There is no yellow light In the pic ture. There is, as i said, a red light —-the danger signal warning the train to stop until the tracks are clear. She will then proceed with her phenomenal run and in exactly three and a halt hours will reach her destination. »• « • Once more the plaintive voice of the youngster broke into his recital: “But l don’t see what the yellow light is fori" The showman fixed him with a glare. “1 have already stated that no yel low light is shown in this picture. J have explained that the danger signal, the red light, is placed there to pre vent any accident to this magnifi cent fast train in her phenomenal run. . . “But I don’t understand yet about the yellow light,” piped the small voice, seemingly almost in tears. The Showman was exasperated al most beyond words. “Will some one remove this boy?" he demanded. “I have repeated that nc I yellow light appears in the picture. The small boy was protestingly re moved and the showman petulantly placed his own eye at the aperture whence the diminutive patron had been forcibly removed. Only for a second did he gaze through the peep-hole. Then, in a ter rific voice lie shouted wildly I “My God—the show’s on fire!" <©. bv the MrNaiiKht Syndicate. Inc.l —<S> A piano with a double keyboard has just been introduced into the United States. Trees react to chloroform much the same as animals an English nat uralist says. 1 When Ford Had to Borrow Two Cents m . $ * ft rcJddlliirl f 1 f| IMfi 1 w j. I! ? Iff t & HSi 1L jf . 1 ■ J*,.' SHK--' *V'. ‘ SB. ' 45* till- « BpJm wmmmm ipsi Henry Ford at Atlantic City buying from Fostmaster Alfred Perkins the first of the Thomas Edison commemorative stamps issued for the golden jubilee of the electric light. Though Mr. Ford is one of the richest men in the world, he had to borrow two cents to make the purchase. Largest Old Glory on the Capitol View of the largest American flag in the world as it was displayed acroM I the front of the United States Capitol where flag exercises were conducted b j L the United States Flag association. The flag is 160 feet long and 90 feet wide. It was sent to Washington from Detroit. __ PAGE THREE
The Chatham Record (Pittsboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
July 11, 1929, edition 1
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