PAGE FOUR THE BEAUFORT NEWS THURSDAY. JANUARY 21, 1932 The Beaufort News ,oblihed every Thursday at Beaufort, Carteret Count7 North Carolina Beaufort Nevrt Inc., Publisher WILLIAM CILES MEBAXE Pres. and Editor SUBSCRIPTION RATES (In Advance) On Year 2.00 gix Month - 1-00 Tli re- Month .50 a hospital, there it was found that he had 1000 on his person and was wearing a dia mond ring. Kntred as second class matter February 5, 1912 at the tostiffice in Beaufort, North Carolina, under the Act of March 3, 1879. MEMBER NORTH CAROLINA PRESS ASSOCIATION THURSDAY, JANUARY 2t, 1932 With all the talk about economy in govern we have not observed any great enthusiasm on the part of Congressmen towards reducing their $10,000 salaries. Evidently economy does not begin at home. The general belief is that owing to the hard times the demand for liquor has dropped off considerably. According to this rule Charlotte must be prospering. They captured a thousand gallon liquor still there a few days ago. At the Jackson day dinner Al Smith suggest ed that the Government should spend sever al billion dollars on road building. There is al ready a big deficit and Government bonds have been declining but Mr. Smith thinks the remedy is to go deeper in debt. Unfortunate ly there are a good many Congressment who hold the same sort of ideas. Representative Lankford of the Norfolk dis trict seems to enjoy the confidence and sup port of the voters of Norfolk and Portsmouth, which two cities constitute the major part of the district. He is the only Republican Con gressman from Virginia and one of very few south of the Potomac river. Although many Republican Congressmen were defeated in 1930 Mr. Lankford was reelected. He has been of great service to the people of his district and this probably accounts for his popularity. BALANCED BUDGETS Secretary of the Treasury Andrew Mellon says that Uncle Sam must balance his budget. Which means that we must stop spending more than he collects. This is good common sense and applies to all governments, firms and in dividuals. Anybody who spends more money than he makes will get in trouble if he has time enough. Due to enormous appropriations by Cong ress, in most instances voted for by both Demo crats and Republicans, and to a big falling off in receipts the United States treasury has a deficit. If all the bills that have been intro duced in the present Congress should pass it would just about bring the nation into a state of bankruptcy. Fortunately a good many of them will not pass and if they should do so President Hoover would probably veto them, as he has done before. The absolutely neces sary expenses of the government should be met and not much more than that should be done. North Carolina is also confronted with a deficit. Governor Gardner in his radio speech one night last week told how serious the sit uation is. The Governor fhowed how the State's revenue from various souces had de clined. It appears that the receipts from the general fund revenues, originally estimated to be $27,500,000 will not be more than $23,750 000, whcih is a pretty large drop. In order to meet this distressing situation expenses will have to be cut. Governor Gardner says no more highways are to be built and that the new prison will have to wait a while. He did not say anything about cutting schools but it seems probable that some counties that have had eight months school will have to get along with six. Secretary Mellon is right in insisting that the United States must balance its budget and Governor Gardner is right in trying to do the same for the State. Economy in government is greatly to be desired at this juncture. Press Gleanings J Aren't you amazed at the ease with which young Senator La Follette can portion out five and a half billions if Uncle Sara will just provide it? Washington Post. - DEATHS BY VIOLENCE According to the report of the Bureau of Vital Statistics sixty seven persons were kill ed in automobile accidents in North Carolina during the month of December and eleven were killed by automobile and train collisions. Thirty were killed by their fellowmen and women and twenty nine took their own lives. Besides there werea considerable number of accidental deaths of one sort and another. Thus it appears that by violent means of one kind and another a very considerable number of our citizens have departed this life And the worst sort of it is that this sort of thing goes on not just for one month but for twelve. THAT EXPLAINS IT Diner: "Here, waitress, take this chicken away: it's as tough as a paving: stone." Waitress: "Maybe it's a Plymouth Rock, sir." West ern Farm Life. AYE, THAT IS THEIR JOB A kind word for politicians: They are always on the job. Atchison Globe. Lexers Frcm Our Readers FAVORS DISPENSARIES Editor of The News: And the Lord God took the man, and put him into the garden of Eden to dre-s it and to keep it; and the Lord God commanded the man, say ing: "Of every tree of the garden thou mayest freely eat; but of the tree of the Knowledge of good and evil thou shalt not eat of it, for in th dav that thou eatest thou shalt surely die." Herein you readily see that the first law God ever gave man was broken although the penalty was death. When Jesus was born into this world He was born surrounded with these catagory of evils and temp tations. He could have removed them and made this earth a Paradise but that was not His mission. In like manner we and our children come in to this world and we as dutiful par ents should point out the?e evils and temptations the danger of partaking of them and the penalty therefor, not by force but with love and kind ness, not failing to use the rod when needed (for he that spareth the rod spoileth the child). I had as good a father as any child ever had and he always kept whiskey in his home where we children had free access to it. He taught us the danger of ex cessive use and the penalty therefor. When I was raising my children I followed in his footsteps until the day the prohibition law was ratified jand drove it from the towns and cit iie? into the woods and as I was rais i ed to honor and respect the laws of lour country and could not find where I could procure a license to violate a law though obnoxious. I abandoned jthe use of it. When my children went j out into the world to fight the battles of life I had no dread nor fear that they would partake of this evil. Train J a child in the way he should go; ;when he is old he will not depart 'from it. Our hearts are deceitful a ibove all things and desperately wick led. Who can know them? Men love darkness rather than light be cause their deeds are evil. If our hearts are deceitful and desperately wicked and our deeds evil then pray tell me how we are to fight these ev way possible from Texas to Maine ils for a kingdom divided against it self is brought to desolation. Evil has fought evil until it has made the who would be successful put in their and from Maine to California to ob tain this evil (whiskej) and that at the expense of the Government the bootlegger reaping a profit. If the use of whiskey is a crime or disgrace and this was stamped in the !fo!ehead of all who partake of it, many of our judges on the bench and isome of our minister on the stand i would have thi-: rr.ark.Let the party flat form a dispensary plank setting forth in that p'.ank the enormous sum the government i; spending annually dispensaries similar to the postal laws trying to do something they never have done, never can do, nor never will accomplish and that is to stop people from making and drinking whiskey. Also the number of officers : killed annually trying to enforce this 'law. Also the enormous sum that : would be derived from this source to 'go into the U. S. Treasury, the net proceeds to be divided among the states according to population and the states to distribute it among the I various counties of the state accord ing to their popula notifro ocia ling to their population for education al purposes. Then good would come lout of evil. Our burdensome taxes I lowered and the widows home saved. I Make a code of laws to govern these jdispensories similar to the postal laws land see that they were rigidly enforced. ? Mtrjl i . l tiaa Ull CHI k. 11 11C U1VI not remove these evils but told them to let them grow together till harvest lest in uprooting the tares they might uproot the wheat also. Are we better than He? We had better be jorneying through this unfriendly world lest in trying to uproot the thorns and thistles that breach us on either side, we may uproot what few roses there be. Yours for dispensaries, M. MANX. Newport. '"Situate in the west side of Turner ifctrett, Eeaufort, N. C, and bounded as follows: On the East by Turner Stteet; South by Lot No. 83; West by Lot. No. 94, OLD TOVVN, Beau fort, N. C, and being the same lot or part lot conveyed by Joseph P. Robinson and wife Cinderrilla Rob inson to James S. CafTrey by Deed dated October 17, 1888, and record led in the Registry of Carteret Coun jty in Book 00, page 495. ! This 20th day of January, 1932. I L. V. HILL, Feb. 11 Trustee. MT. OLIVE BANK GETS STARTED AGAIN MOUNT OLIVE, Jan. 15 The First National bank reoDened here j today and T. R. Thigpen, president, said deposits and new account: pre dominated over withdrawals. i The bank closed December 28 by order of thed irectors after the Cit izens bank here failed to open the jfame day. It reopened today under a depositor- agreement, j Thigpen said only two people claim led 25 per cent of their deposits dur ing the first half hour today and that ja number of new accounts were op-iened. U. S. ENGINEERS OFFICE TRANSFERRED TO WILMINGTON NOTICE OF LAND SALE UNDER DEED OF TRUST IT'S SIMPLE It is a bit complicated, but we gather that Europe will be unable to pay what she owes us unless we can cel the debt. Life. CANCELLATION IS NOT POPULAR Sentiment in Congress both among Demo- crats and Republicans seems to be strongly j opposed to any more cancellation of the for- j eign debts. That is to say the debts owing by foreign countries to the United States govern- j ment. The big bankers who have floated bil- ! lions of dollars worth of bonds for Germany i and various countries in Europe and other parts of the world would like to have our Government cancel the foreign debts because they think it would then be easier to collect what the foreigners owe them. In opposing debt cancellation Congress will be following the wishes of a large majority of Americans. Any way about half of the debts have already been cancelled. It does look like they ought to be willing to pay half of what they borrowed. But they do not want to pay any thing if they can get out of it. Despite their hypocrital talk about Americans being Shylocks they are far more avaricious than we. The French are notoriously so, as any American soldier who went to France will tes tify. The biggest mistake made over here was in lending them so much money. It was a mis take that is not likely to be made again any time soon. Po?tal savings in the United States have risen from $160,000,000 in September, 1929, to $461,000,000 at the end of September 1929. A case of hiding money in Uncle Sam's old sock but if all the money in the ountry similarly quit working, there would soon be a hole ever: in Uncle Sam's sock Munice Evening Press. THE HUNGER MARCHERS In recent weeks there have been two so-called "Hunger Marches" on the city of Washing ton. They came there ostensibly for the pur pose of getting relief for the unemployed. Neither expedition accomplished any thing in particular. The President and Congress and everybody else knows that there are many people out of work in the United States as well as in every country in the world. President Hoover and Congress are doing all they can to get business back on its feet, which is the best remedy for unemployment that can be devised. The first of these delegations that came to Washington was a communistic affair and the leaders of it are more interested in overthrow ing the Government of the United States than they are in getting jobs for the idle. In fact many of these fellows never do an honest day's work if they can get out of it and real work is about the last thing they want. The other crowd of unemployed was led by a Cath olic priest who possibly meant well, but the report is that the real motive behind this ex pedition was political. It was probably got ten up to discredit President Hoover and to ad vertise the depression for political effect. They came in automobiles and trucks and with brass bands to liven things up. One of the crowd collapsed from nervousness arid was taken to WE KNOW A MERCHANT We know a merchant here who has an abundai.ee of fa'.tii ::i the future, a firm belief that this section is on the veige of staging a "come-back," and anabiding con fidence in his friends and fellow citizens. We know another merchant who has no faith in the future but then, he never has, in good times or bad. He doesn't have a firm belief that this section or the nation is on the verge of staging a "come-back." Gall and brimstone are more to his liking as fetishes. He has no abiding confidence in his friends and fellow citizens. We suspect that once upon a time one of his patrons must have left town owing him $1.98, and failed to come back. We like the goods of the first merchant. His cloth has the appearance of being all wool and a yard wide. The feel of his wares is solid. Edenton Daily News. I ! Under and by virtue of the power of sale contained in that certain Deed of Trust from James V. Caffrey jand wife Bertie Caffrey, to E. W. Hill, Trustee, bearing date of Octo :ber 10, 1930, recorded in the office 'of the Register of Deeds for Carteret County, State of North arolina, in Book No. 69 page 58, default having been made in the payment of the in debtedness therein secured, the legal holder of the said indebtedness se cured by the said Deed of Trust hav- jing requested the undersigned Trus jtee to sell said lands described in .the said Deed of Trust as therein provided for, the undersigned will, :at 12 o'clock, M., on Tuesday, the !23rd day of February, 1932, at the courthouse door in Beaufort, N. C. J offer for sale and sell to the highest bidder for CASH the lands conveyed by said Deed of Trust, and describ ed as follows: A sixth-seventh undivided interest of the following described lands. NEW BERN, Jan. 18 Due to gov ernment economy and budget reduc tions, the local army engineering of fice and its manager, Harry T. Pat erson have been ordered transferred to the Wilmington district office March 1, it has been learned from Mr. Patterson, following a conference with Major R. A. Wheeler, of Wil mington, district engineer. Curtailment of work and readjust ment of expenditures in the district is said to be necessary this year, the 'district appropriation having fallen ito ?500,000. Last year, under the emergency construction act, about j $2,000,000 was appropriated for this i district. j Ed N. Lux, of Waldron, Ind., who j showed the grand champion sample jof corn at the Chicago international : livestock exposition, brought Indiana that award the 10th time in 13 years. 666 666 Liquid or Tablet used internal ly and 666 Salve externally, make a complete and effective treatment for Colds. $5,000 in Cash Prizes Aik Your Druggitt for Particular Jan 21 t - iM ! KE H H 9IBIIIDIBIIIII fl B fl B fl fl B B B a B b a a B B B H A GHASTLY FAILURE The monumental failure of the depression period of 19 1 1, is the failure of the Federal Reserve Bank Sys tem to perform the duties for which it was supposed to be created. The Federal Reserve Eank System is the outjrrowt'i of the legislation advanced by Senator Alridge in li. 12-13, that had for the time being the definite purpose of preventing a money panic, a mon ey panic of the kind had previously from 1893 to 1897 and in 1907. The idea was to create a central bank with branch organizations extending to every part of the country, that these branch organizations be able to recommend to the central bank, certain loans based on the collat eral available in their localities to promote the issu ance of emergency currency; this emergency currency was to be taxed at a special rate, either in the form of high interest charge or special tax, which would cause it to be withdrawn from circulation when not needed. This was the idea which finally germinated in the Federal Reserve Bank System. , The fact is the Federal Reserve banks have failed, to prevent a money panic, and have failed to give any aid to small city and town banks. Thousands of banks have been compelled to close their doors in the United States during the past year, not because they did not have valuable assets, and not because their management had been dishonest, but rim ply because they loaned money upon industries and properties in the towns in which they were operating; in short, they had aimed to serve their communities. And they closed their doors because the machinery which the American people thought had been set up to prevent a money panic, failed of that purpose; in fact, never approached, and never contemplated that purpose. (Washington, N. C News.) Wig Emmths Ywwir (CdDimmeireimE EBmrnfodrngj . EBmmmess v.v.v.v.v.v.v.v.vv. The Bank of RJorehead City MOREHEAD CITY, N. C.