Newspapers / The Journal-Patriot (North Wilkesboro, … / Sept. 20, 1934, edition 1 / Page 2
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INDBPINDENT IN POUnCS jPtdilbhed JfeiidKys and Thursdays at NorMi Wi&esboro, N. G D. J. CASTStt and JULIUS C. HUBBARD. Publishers SUBSCRIWION RATES: ^ b the State $1.00 per Year $1-60 per Year Oat^ the State .a».ri n ■ fctered at the post office at North Wilkes- boro. N. C.. as second class matter under Act of March 4. 1879. p'V raURSDAY, SEPTEMBER 20, 1934 Markets Opened By FHA Profit From War Must End It was Benjamin Fi’anklin, we think, wha sfid that there never was a good war or a bad peape. Whosoever said it, we are reminded of it by the disclosures made by the Senate committee which is investigat ing the “munitions racket.” Startling and shocking facts have al ready been d’sclosed and sinister figures such as most of us r gard as creatures of f-'otion appear in their true colors, as prof iteers who make money bv arming the na tions against each other. Sir Basil Zahar- f*f. the “mystery man” of Europe, has b'-n disclosed as the agent for the great rnf'ti'-'ns manufacturers of the world, withe-’t regard to p'^ticnality. American buildeio ov .mibr-’rriues have been shown up as un\villing—on paper—to sell their submersible torpedo-boats to !x)th sides in a war, but through their foreign agents doing precisely that—for a commission. An international ring has controlled the i^rmaments of the great nations for years, apparentiv. The competition between na tions, each striving to be batter armed than its rivals, has been stirred up by hi^-pressure salesmanship and the circu lation of rumors that this, that or the other country was contemplating wax-. It is time an end was put to this sort of Uling. It is a real service to the cause of hunxanitj and world peace that Senator ■ Nye's committee is performing in bi-inging ■the facts to light. If they shock the other civilized peoples of the world as they have shocked America, we may hope for action by the League of Nations or by other mu tual agreement to limit the manufacture of BHUiitiona of war to governments them- sdves. War should no longer be profitable to any individual or private company. It seems that the people in this part of North Carolina are slew to comprehend the Federal Housing Administration plans, which ai*e designed to "enable reliable peo ple to improve their homes, build better homes, make necessary i-epairs t^ their buildings and places of business and to otherw-ise modernize their places of abode. When and if the Federal Housing Pro gram gets under way and the people be come educated to its machinery it should aid every type of business, as is told by James A. Moffett in the following com munication to The Journal-Patriot: “New markets ai'e being opened for every line of business by the Better Hous ing Program of the Federal Housing Ad ministration. “The program has a broad aspect. It will put men in every community back to work quickly. In normal times, over 4,000,000 men are employed in the Building Indus try. Their activities are cai-ried on in every city—every town, hamlet and farm in the United States. Many of these people are now unemployed. And at the same time, over 16,000,000 buildings in the United States ai-e in need of repair. The better Housing Program brings these factors to gether on a long-range plan for cooper ation. 1 Thousands of Community Better Hous ing Programs ai-e being organized and fi nanced locally. Govei-nment money is not used. The money that will put these men back to work is not i-elief money, yet it will take men off relief rolls—give them an income they can use to purchase every type of goods and service. “Although the Building Industry may be the fii-st to receive immediate benefit, this money will pa.ss along quickly to every other industry producing the neces sities and luxuries of life. Dollars .sneni: for modernizing will he turned over and over —will benefit everv merchant, every craft, every sei'vice in the community.” Any man or woman in the country who ow-ns property and has a good ci-edit rec ord and a steady income may borrow fi-om $100 to $2,000 to pay for property im provements. This credit may be secui-ed from any local financial institution, local contractor, and supply dealer co(>perating with the government in the Better Hous ing Program. The loan may be repaid in 12 to 36 eoual monthly payments, ox-, for farmers, at periods when he receives the money from his crons. Pjogressive home owners would do well to investigate the available oppoi-tunities. JOURNAL-PATRIOT, Public Health Wilkes is one of North Carolina’s coun ties which has not lagged behind in public health service and we commend the cQiin- ty authoriti^ for maintaining the fdll health service throughout aB t}ie distress ing years. The money spent for the county health department has been saved a hun dred fold in preventing sickness, suffering and death. Whde the public health service is being maintained cooperatively by the county and state the people of the county have a duty to perform, and that is to take full advantage of the health service offered so freely. By this we do not mean medical treatment, for this is left to private prac- ticioners in medicine and surgery, of which we have in our midst some of the best. When we say that the people should take advantage of the health service we mean that they should take the vaccina tions and immunizations offered against contagious diseases and should follow the advice of the health officer regarding hy giene and sanitation in an effort to furth er curb the ravages of disease. In Mon day’s Joui-nal-Patriot was an article on medical examination, of which Dr. Ellei-, the health officer, was the source of infor mation. Dr. Eller is offering some very good advice which should not be disre- gaixied. Last year several people in the county died from diphtheria. This seems inexcus able in view of the fact that vaccinations against diphthei-ia are given freely by the health officer to all who will take it. To make it still easier he fills appointments in practically all communities in the county and the most povei'ty-stricken people can get vaccinated. Why be so negligent as to throw your child open to disease and death ? Determining Factors Constitution Day has been observed in many cities with speakers who almost in variably assaulted the New Deal policies of the present national adtuinistration as unconstitutional and at variance with the ideals of the foundei-s of the nation. The policies in for the heaviest bom bardment by such speakers as Ogden Mills, prominently mentioned as the next G. 0. P. presidential candidate, Foi*mer Senator James A. Reed, of Missouri, and others are regulation of working hours and curbing of production of farm pro ducts. They are able men, no doubt, and they gave their subject much study but the determining factor in approval or disap proval of New Deal policies is the effect they have on the evei-yday welfare of the oi’dinary individual. If an individual feels that he has been benefittect by the New Deal ,he will approve it, or if these regu lations have benefitted the public in gen eral he will be slow to oppo.se them. Approval or disapproval of the NRA, AAA, PWA, eWA and the other alpha betical categoi-ies that represent agencies of the New Deal lies in the effect they have on the lives of the populace. At this stage of the game the governmental cost or the “constitutionality” of the measures are being given secondary consideration in compai'ison with the benefits being deriv ed. Sunday School Lesson By REV. CHARLES E. DUNN ISAL-VH COUNSELS RULERS Lesson for September 23rd. Isaiah 31. Golden Text: Isaiah 26:3. Isaiah denounced his people for their reliance upon military prowess. The Assyrian empire •w&a at its peak. It had already swallowed up Israel, and was now threatening hapless Judah. As the Hebrews were painfully aware of their 'weakness in cavalry^ an alliance with Egypt, ■well provided with horses and chariots, seemed immensely at tractive. It was the folly of trusting in the might of Egypt rather than in their God which provoked the woe recorded at the beginning of the 31st chapter of Isaiah’s prophecy. Such a warning is very timely today when we think of the new armament race now in full swing. Despite the intolerable misery and woe visited upon the earth by the practice of war, men still trust in bombs and guns. In the midst of economic disaster ■without a parall’l the na tions today are stupidly spending four and one- half billion dollars annually on armaments. What can be done to check the drift toward war? First of all there must be real and dras tic disarmament. An effective step in this d.irec- tion would be the abolition of all battleships, submarines and heavy artillery, and the abso lute prohibition of chemical warfare. Secondly, the private manufacture of arma ments should either be abolished or placed und er strict control. One of the most sinister as pects of the war racket is the greed of the ar morers, merchants of death indeed who do not hesitate to stir up international strife that their their pockets may be filled with gold. Further steps toward a world secure from the threat of military upheaval are American mem bership in the World Court, a re'vision do'wn- ward of the debts owed to the United States, a re-establishment of the sanctity of international law, and a mutual non-aggression pledge never to cross borders In hostile moods, >.« . This Week k fa: !or^ ■ ' . Washington, fept. 10. 4Auto- c^ister) President Roosevelt’s personal hold npon the’ affec tions of the" American people does not seem to have diminish ed. to judge from reports brought back to Washington by political scouts of both parties. — r Even those in and oat of his own party. Including many rock- ribbed RepubllcaliaV who never have voted and never •will vote the Democratic tipket, admit the charm of the man and concede the pffect of his personal mag netism not only npon those who meet him face to face but even when It is projected over the ra dio. There is no question that Mr. Rooosevelt’s voice Is the most persuasive that has ever spoken Into a microphone, while his cheery smile wins the person al regard even of those who are most bitterly opposed to the course of his Administration. For that reason, most of the criticism of the Administration so far has been directed at its acts and methods, and aimed os tensibly at the President’s subor dinates, usually with the explicit reservation that no personal cri ticism of the President is intend ed. -4ind that state of . affairs probably will continue, even though some conservative Demo crats desert the standard of the .Administration. Predict Party Division Out of this peculiar situation some astute observers here be lieve that a new party line-up is definitely on the way. Some even go so far as to predict that the major party division in 1936 will be between a "Roosevelt Party” and a “Constitution Party,” by whatever names they call them selves. Indications which give color to this idea of a new party line-up in American politics are many. There is, for example, the coali tion of Republicans and Demo crats in the new American Lib erty League—whose leaders, in cidentally, profess the usual per sonal friendship for Mr. Roose velt, while setting up an organi zation which cannot be anything but opposed to the Roosevelt program. There is the recent resignation of Lew Douglas, Di rector of the Budget, latest in the series of resignations of con servative-minded men from their Administration posts. Mr. Doug las openly avowed his lack of sympatliy with the Treasury’s system of bookkeeping, which Secretary Morgenthau described in his recent radio address, whereby one set of figures is used to show that the campaign pledge to reduce the Govern ment’s expenditures has been kept and another entirely differ ent set of figures is produced to cover tile amounts of the heavy increase in the National Debt and the disposition made of the funds so borrowed. The Treasury Report According to Mr. Morgenthau, tlie $6,000,000,000 increase in the debt is actually only $4,400,- 000,000, because the Treasury has $1,600,000,000 of the money still on hand, without counting the “profit” of $2,800,000,000 arising from the devaluation of the gold dollar. And much of the borrowed money has been re loaned through the R. F. C. and other agencies. Republican speakers in the current Conogressional campaign are beginning to make use of the Douglas resignation and the Mor genthau figures: with what ef fect remains to be seen. Beyond doubt, in the more conservative parts of the nation, a reaction against the Administration is setting in. but that this will re sult in the return of a Republi can majority to the new Con gress is not expected by even the most ardent devotee of the G. O. P. And any Republican gains are likely to be offset by the election of Some radical members from the Central West and parts of the South, who will demand that the Federal Government go even farther to the .left than it has gone. Moreover, a good deal of the disaffection is in the South, where it is regarded as practi cally hopeless to get any consid erable number of people to ac cept the name “Republican” on any party banner which' they will follow. The name of “Constitution Party’’ has bean adopted and thrown into the picture by at least one former Democrat. He is was assistant Secretary of War Col. Henry Breckinridge, who in President Wilson’s adminis tration and has lately figured in the limelight as attorney for Col. Charles A. Lindberg. He has de clared for United States Senator from New York under the’ "Con stitution Party’’ banner. As an anti-New Dealer be may give Senator Copeland a lively con test, unless t h e Republicans nominate a stronger candidate than any now in sight. Excitement Ahead. At the other extreme of the political pietxire Is the nomlna-: tion on the Democratic ticket 10, N. ^ for Obrernor of California,' Uptpn Sinclair, .anthor of extremtiy radical books aadt iut avowed Socialist, thohgh his So-I ciallsm Is more a mixture Henry OCOrge and Edward Bel lamy than, the pure Karl Maxx brand. Hls slofan, EPIC, which standc for “Bn^ .Poverty la CaU- tornla,'* is caleafated |o catch the Radical voters; but It IsAio secrei In Washington that.the,situation created thereby , has the'Admln^ tratlon worried. For that matter; as one able' observer remarked the other day, there are ho sec rets in Washington. ;-j- 'The dilemma Is ■whether ^ to recognize Sinclair as a Democrat, and thereby put the seal of ministration approval on a > pro gram which out-deals the New Deal; or to disclaim him, 'and hereby alienate the radical ele ment upon whose votes the Ad ministration is counting heavily. The’general opinion here Is that the conservative Democrats ,of California' will throw thelT strength to,the Republican can didates for Governor and Con gress, which may upset some what the hopes of further Dem ocratic gains from the Pacific Coast. A more Immediate worry Is the general labor situation, with 'strikes increasing in number and seriousness and the Administra tion trying to figure out whether it would be better politics to put all strikers on the relief rolls or to tighten up on Its relief pro gram. Card of Thanks We wish to express our sin cere thanks and appreciation for the abundant kindness and sym pathy shown us during the ill ness and death of our daughter and sister. WESLEY JOINES AND FAMILY LOv^EST yam In Town COME! - SEE! '.-J.' ' -^ ■ ■ T»E 29x4.40 $4J i ',fe- TIRE 30x4.50 I MOTOR OIL 49c PER GALLON TIRE 30x31/2 $4.00 13-PLATE BATTERIES EXCHANGE CAR WASHED AND GREASED $1.25 LOW PRICES ON AUTO REPAIR WORK ALL WORK GUARANTEED Motor Service Store WILEY BROOKS—PAUL BILLINGS Ninth Street North Wilkesboro, N. C. Eighty automobiles filled with farmers and other business men made a tbur of Bacon county farms last week to study the im proved practices being promoted by the farm agent. Mr. Walter Cheek returned Friday to his home in Kokomo, , Ind., after a week's visit at Hays O with his mother, Mrs. C. W. Cheek, and sister, Mrs. T. M. Roop. Condensed Statement OF THE CONDITION OF THE Merchants & Farmers Bank Statesville, N. C. At the close of business September 11, 1934 RESOURCES Cash on Hand and due from Banks. $343,840 61 Federal and State Bonds 177,105.93 County and Munici pal Bonds 45,101.82 $ 566,048.36 Loans and Discounts 640,915.49 Banking House 23,625.00 Furniture and Fixtures 7,550 00 Other Real Estate 13,800.00 Federal Deposit Ins. Corp., paid 1,235.08 $1,253,173.93 LIABILITIES Capital Structure: Common Stock $100,000.00 Preferred Sto:k .. 50,000.00 Surplus 45,000.00 Undividc'd Profits.. 5,853.54 $ 200,853 51 Reserve Funds 12,127.15 DEPOSITS 1.040,193.24 $1,253,17.3.93 OFFICERS DIRECTORS L. K. LAZENBY, President E. B. WATTS, Vice-President J. A. KNOX, Cashier JAS. R. HILL, Asst. Cashier L. K. Lazenby E. B. Watts J. A. Knox Jas. R. Hill D. L. Raymer F. B. Bunch Clarence Stimpson C. E. Mills Herman Wallace W. S. Page CORRESPONDENT BANKS Guaranty Trust Company of New York, New York, N. Y. State-Planters Bank & Trust Company, Richmond, Va. American Trust Company, Charlotte, N. C. Checks on this bank are payable at par through the Federal Reserve Banks. From the above condensed statement the thoughtful banking public will note the strong position of THIS BANK. The great increase in our deposits shown in re cent months is attributaUe to the confidence Hie public has in this institution; and while we have always enjoyed the full confidence of our depositors, we feel that the substantial growth of deposits is due in no small part to the fact that Each and Every Account Is Fully Insured Up To $5,000.00 as may be seen from the illustration furnished us by the Federal Deposit Insur ance Corporation for use in our advertising and here reproduced. DEPOSITS INSURED BY The Federal Deposit leeurance Corporation WASHINGTON, D. C. tRnnn maximum insurance ^UUUU FOR EACH DEPOSITOR $5000 The officers and directors of this Bank feel that the:Federal Deposit Insurance Plan has been a great factor in restoring public. c(Hifidenee->in banking institu tions. We are proud indeed to be a part of this Corporation, and we are happy Hiat we are able to offer our depositors this additional safeginud. We offer every service consistent with SOUND BANKING, and urvite your banking bnsiness. **The Bank for Yom Saving.” StateivillerNLC.
The Journal-Patriot (North Wilkesboro, N.C.)
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Sept. 20, 1934, edition 1
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