PAGE FOUR CHATHAM RECORD O. J. PETERSON Editor and Publisher SUBSCRIPTION PRICE: One Year $1.50 Six Months 75 THURSDAY, DECEMBER 26, 1929 Bible Thought and Prayer •• •" i ■ ■«»- -* 1 • •' 1 ‘tt 1! BEGIN THE DAY RIGHT— Cause me to hear Thy loving kind- " ness in the morning; for In Thee ‘ do I trust; cause me to know the'’ « way wherein I should walk; for, ' 1 lift-up my soul unto Thee. —Ps. | 143:8. ;; PRAYER Gracious God. so; • cleanse us by Thy Spirit that every , ], morning we may behold Thy face ; with Thy righteousness. — « Chatham has apparently made about five-twelfths of a fair cotton crop and about a third of a fine crop. o This Is a year when courage and caution combined will be demanded. The law of aver ages is in favor of a fine crop year. There should be one good one in seven. Y’et it may not come, and it will not do to count the chickens before they are hatched. However, it is important that a fine setting of eggs be prepared. People will simply have to live hard and work hard; cut expenses, but not in vital matters. Land should be well prepared and plenty of fertilizer used. But The Record wishes to suggest again, in time this ,7fl ar, that the poorer land be useu "or cotton, and enough nitrate of soda used to keep the cotton growing till September 1, and no more, if one can gauge the amount. Thfs ViT leave the better land to be 'planted in crops that are sir e. Poor land treated as suggested, we be lieve, will make as much cot ton as the riches ;iand when boll weevil prevail. As for The Record, it will try to survive ’and £eep aheae game •by saving when possible. We shall always undertake to give the county news and a liberal editorial section, but when bus iness does not justify a full-size paper, we shall cut the size and thus .save the few dollars that we fail to make. If everybody paid subscriptions promptly, a shortage in advertising would not mean a loss to the paper, but we have to take things as we know them to be. v ■<♦> The Christmas trade at Pitts boro was exceedingly good, better than this writer had: ever seen it. lhe up-to-date j groceries and the live advert is- 1 Jng by them account for the j improvement in a great meas- 1 ure, we are sure* sive Grocery, Poe and Moore, i and the Cut-Rate Grocery, the j firms that told the people what j they had and how cheaply they ; were selling it, did record breaking businesses. The other stores, doubtless, got part of the benefit of their advertising. As we have said, Pittsboro can become the trade center of a; population of 15,000 to 20,000 j people if the merchants will j carry the goods at the right prices and then tell the people | about it. People are trading here now who were not seen in Pittsboro stores a year ago. I But to reap the full benefit, no | picayunishness should govern the advertising policy of our merchants. The Record goes to every community in Chatham county. It does not go to every home, but does not have to do #o to get the news abroad. For instance Poe and Moore sold salt to a colored man from over in th« Merry Oaks section be cause he had seen the salt bought by a neighbor and heard -the pirice frorri him. The Rec ord wants-to help build up Pittsboro as the trading center of th| county but-it-needs the xo-operation: of every merchant is the towhT seen tare Tuesday of Week,jj&en everybody was ikgitnfht te JC %e~“brcrke,” indi 0 voic« is mj The editor of the Record con | gratulates his friend Harrison Fisher of Clinton upon his ap I pointment as attorney for the I eastern district. When we re turned, twelve years and a half ago, to Clinton from Louisiana we found this young man who had grown up in our absence a young lawyer who had al i ready served Sampson county in the legislature. Later he was elected senator. We learned to know and respect him, and that he has a similar feeling for this editor is evidenced by the fact that he is a subscriber to this paper—for the sake of the editorials, he kindly says. Fisher is one of the cleanest and safest men we know, and he succeeds a good man. It is interesting to note in this con nection that E. L. Gavin, attor ney for the middle district, was also a young practicing attor ney at Roseboro in the same county of Sampson in 1917. He soon afterwards removed to Sanford, where he made rapid advancement. These two Samp son boys may be guaranteed to watch carefully the interest of the government in their respon sible positions. <*> Our friend, Ike London, in his paper, asserts that a wise administration of Democratic affairs will not drive any one from the Democratic party, and looks askance at the proposed opposition to Senator Simmons. But that is saying that the Senator’s own administration of party affairs for which he re ceived a reward of thirty years in the senate was not a wise one, and we consent. The Rec ord has unhesitatingly stated that Mr. Simmons w T as the au thor of fusion and confusion in North Carolina. It was he who had the final say in the dis franchisement of the majority of white men in Sampson coun ty, for instance, unless they should do as they did, form a new party organization. The less said by the partisans of the Senator about opposition to his candidacy for the senate driving people from the party, the better for his cause. His record has been writ in big let ters. The writer knows that period by heart, and has aver red, and avers now, that Mr. Simmons was rewarded for putting out the fire started by himself! Thirty years is mani festly a sufficient reward for that service. « CHRISTMAS AT HOME Much comment has been made by state papers about the j fact that more people spent the I past Christmas quietly at home 1 than has been the custom for! several years. Os course, there 1 was a lot of visiting; Christmas is always an occasion for farn-j ily gatherings and reunions. J But there was in evidence this; year more disposition on parti of folks just to stay at home! and spend the day with the J family. Those who found it necessary to be on the high ways observed much lighter! traffic than they had antici- j pated and fewer accidents were \ reported than had been ex-: pected. In fact, most of the! accidents of the Christmas sea- j son occurred Sunday and Sun-! day night before when the sleet; and frozen pavement made driving hazardous. This is a (restless age; folks are always hurrying somewhere or coming I back. It is a fine thing if the spirit of peace that is supposed to pervade the eatth at Christ | mastime has been effective | enough this year to keep folks contented at home. WHAT OF 1930? (From The Hamlet News-Messenger) The end of the year affords good opportunity for retrospec tion, for the studying of ex periences through which we have come and assimilation of some of the lessons that are contained in them. Likewise the beginning of another year 1 is the proper time for prospect ‘ and plans. No . sensible man ‘ will undertake to build a house t without some sekt of blue print i or plaos to gp; |>y; no traveler l will set ottty journey for * some particular destination - without first Charting his l: course. x So yno man or firm - should begin a new year’s busi ness without ; some objective | and seme sort of chart to sol s | low toward the" end desired: »Conditions are changing so rap* , lldiy that many details must he [omitted from "the chart, and THE (’ HATH A JVI REt-UKy, rll I sJjUSnI.' I' - L. others must be modified from time to time. Looking back over the year just closed and the two or three that preceded it one may dis cern certain tendencies in busi ness that ought to help in plan ning for the future. There is a fundamental economic law which revolves around a con dition variously known as the “point of diminishing returns,” “the saturation point,” and the “peak of the market.” All these terms mean practically the same thing. The years 1927 and 1928 were peak years for automobile production. Economists pre dicted that the saturation point would soon be reached. The past year proved them right; more automobile concerns fail ed last year than for many years past. For 1930 manu facturers of all the higher priced cars expect considerable curtailment in production and sales. The peak has been passed. The years 1926 and 1927 were the peak years for long term real estate loan business es. Along with this, and to some extent allied with it, in surance business was good. The amortization over long periods of time of real estate indebted ness, had a marked influence upon the development of de ferred payment plan purchases in many lines—particularly au tomobiles, radio and furniture. The result of this is that almost every home owes more than it can immediately pay; and as much as it can ever pay unless employment conditions im prove. And there is little pros pect of the employment situa tion improving unless the man ufacturers can sell more of their product. Thus is develop ed another vicious circle, and another saturation point in de ferred payment sales in almost all lines. This situation, unpleasant as it is to contemplate, still has much encouragement. There can be no doubt of the fact that the deferred payment plan has raised the standard of liv ing, has made possible com forts and luxuries to the mid dle classes that otherwise they could not have hoped for, and has made possible the pur chases and furnishing of homes by many who otherwise would have continued as tenants. Neither can there be any doubt about the fact that the. system has been abused and stretched beyond its point of service and so has enslaved with debt many families that otherwise would have been independent. Per- 5 haps its most disastrous infiu- ; ence has been to make many people regard debt lightly, and so has softened the moral fibre of the race. So it is a good thing that the turning point ap parently has beer, reached, and there will probably be less of that kind of business this year. Perhaps the policy of re trenchment will not reach so far as to keep many families from buying an automobile or a radio or needed furmture; but almost surely it will influ ence many to drive the old car a year longer, to put up with a radio that hasn’t quite all of ; the latest dew-dads on it, and to revarnish the old chair and bedstead rather than buy new ones. If this prediction is true the dealers in some of these lines, who have been living in affluence, will likely not pros per so well this year; but to offse that the grocers and deal ers in necessary clothing _will I have their inning and will nnd collections better. Speaking of grocers and clothing folks collecting ac counts calls to mind a lesson that they should learri from the experiences of the past few 7 years. rCedit is a commodity of incalculable value, but it has been debauched so that both the creditor and the debtor treat it with contempt. The : successful business is that which i buys and sells for cash all com • modifies that will be consumed :j or., dissipated jriapidly in use, l and sells for credit .only those r commodities which in ordinary t use will maintain theirj£aiu_e • and stand as security for {lie r purchase price. ; ki;! * Automobiles, f d#t*ftii.r¥ jlfaM radios will still be aold on ; the i .installment pian-^^i»i^hot - bo extensively and X tie isvestifjiiicm of tlto pur - chaser’s ability to pay—be r cause a purchase money ntort - gage can lie against them. But 5 the tendency is to get away l from selling eatables and other merchandise that is consumed or dissipated, except for cash. The conditions above dis cussed are general, applying to Hamlet as well as to almost every community in the coun try. There are certain purely local conditions that call for consideration. One hears re peatedly that there is no money in Hamlet, that everybody is broke. Truth of the matter is, there is plenty of money herq. It w 7 ould surprise many people to know where it is. The folks w 7 ho have lived high and kept up the appearance of reason able wealth are not in as good shape as they used to be and they are talking hard times. But there is another element, folks who have always lived close, who even in good times talked poor, and they still talk that way, but stuck around in unsuspected places they have money. There are people in Hamlet right now borrowing money from men who have never earned as much as the borrower. But (there is nearly always a “but” to spoil the pic ture) it is also true that the folks whohave a little money now are those who have never done anything for their com munity, have never invested in any community-developing in dustry, have not added any thing to taxable values or sup ported the social, educational and religious institutions; and now that the men w r ho have generously supported the things that made Hamlet a good town are in need, they take advan tage of their condition to fur ther enrich themselves. That’s why money seems scarce; that’s why it is hard to promote any thing for community improve ment, soci*al or industrial. The task of the rest of us who haven’t any money is to try to ■ educate these people in the . duties of citizenship and neigh- j borliness.. If that can be done ] money will circulate again and j times will be good in Hamlet. ( What 1930 holds for Hamlet depends largely upon the peo ple of Hamlet themselves. If i we choose to sit around and discuss hard times and money scarcity, we will only intensi fy the feeling of pessimism that has too much prevailed. . If, on the other extreme, we . stand on the house tops and yell to all and sundry that times are good in Hamlet and that things are as they ought to be, we will make ourselves ridiculous and will retard ap plication of remedies to the real ills which we suffer. The mid dle course is the one which ex- . perience suggests that we suffer. The middle course is the one which experience sug gests that we should follow. We are bound to recognize that local business ought to be better; but we must also go a little further and see that it can be made better by our own efforts. On part of the house holders there should be more respect shown to indebtedness, economy should be practiced in every detail and accounts paid up as rapidly as possible "before any new ones are made. On part of the merchants they should be more careful in ex tending credit, and by making it harder to obtain they will en hance its value to the customer. On part of all of us there ought to be a spirit of determination to work, to keep up our end of the log and to co-operate with each other in community building enterprises. This spirit will make 1930 prosperous and happy; lack of it will find us in worse state next year than we are now. ———<§> — Land for Taxes (Greensboro News) The Chatham Record is visioning the county in its corporate capacity as a land owner and suggesting what may be done with the real estate.: Under the tax law of 1927, making foreclosures of tax sales compulsory, if there are no individual buyers the county is required to take title to the land. For its own county of Chat ham the Record is suggesting that the lands be cultivated under the su pervision of the county agent , and county home superintendent, pyobab ; ly as demonstration plots , for field crops, pasturage and timber grow s ing, county convicts being utilized for | Jthe purpose. Which might‘be wd’ffctfdl out &o : good effect in some' cohwtiee i and 'not in others. ' Would depe&ihor [ the efficiency of the management aiufc ! other conditions. Probably** in mos t cas<*fe the best • purpose t could be . served bg offering the land? lots at cost andmterset, encouraging ' home ownership; and in many' in ■ stances, former owners who couldn’* Abe «e«ym£s*••*!* « Bjpt then-It is possible. If fidt prefer able, that there will be no county ownership of land to worry about. Maybe after an actual demonstration, • seeing that it can be done, land own ers will hereafter make it a point to pay taxes -without waiting for costs to be taxed that double or treble the amount, which provokes a mighty, wail. Another alternative is that the legislature "will pass a law providing in effect that any land owner who makes oath that he is unable to pay taxes on his real estate may go tax free. In some oLthe counties the law yers are resoluting or otherwise call ing on the county commissioners to nullify the tax la-ws of 1927 by stop ping the foreclosure proceedings. There is the usual story of hardship and hard times and the plea to wait a year. They have already waited two year, some of them longer. The 1 sole desire of a chronic delinquent is time-—all the time he wants. Hence the suggested provision for release, permanent and" effective, for those who think they can’t—meanin’ they don’t want to pay nor try to pay. The amount of the delinquences can be added to the tax bill of those who j pay. That’s the real remedy that’s! being offered. NO HEARINGS ON RAIL MERGERS THIS TERM Press dispatches from Washington j quote many other senators and rep-1 resentatives as agreeing with Senator Overman that there is little likelihood of congress reaching consideration of the interstate commerce commission’s plan for consolidating railroad sys tems at this term of congress. — , NOTICE OF SALE By virtue of the power of sale contained in a certain Deed of Trust from A. B. Noell and Sadie Noell, his wife, to the undersigned trustee,' dated Feb. 16th, 1928, and recorded in the office of the Register of Deeds of Chatham County in Book of Mort gages H. A. Page 765-6, default hav-: ing been made* in the payment of the debt secured thereby, and the holder of the notes thereby secured I will at % the court house door of Chatham County, on Monday, January 27th, 1930, at 12:00 o’clock noon offer and sell to the. highest bidder for cash the following described real property. Bounded as follows: North by J. L. Womble, East by L. E. Cole, South . by R. L. Johnson estate, West by' B. Nooe, containing 80 acres more or less. For further description see Book G. A. Page 68 in the office of Register of Deeds of Chatham County. i This December 26th, 1929. MARY E. BLAND, Trustee. The Best Purgative for him iit~l wEo rMtma9 ~ " Relieves the congestion, reduces I complications, hastens recovery. THE BANK OF PITTSBORO > PITTSBORO, N. C. The Oldest Bank in Chatham County f- 1 V Wishes You A Happy and Prosperous New Year A. H. London, President J. L. Griffin, Cashier. ' 4 ■ *'• • • «.'*• A Happv and Prosperous New Year i J " ' .r'l . . •• • - ? 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