JAGE FOUR
RSDAY, AUGUST 4, 1932
The Beaufort News
Wished every Thursday it Beaufort, Carteret County
North Carolina
Beaufort Newt Inc., Publisher
WILLIAM GILES IIEBANE Pres. and Editor
SUBSCRIPTION RATES
(In Advance)
One Tear ., 12.00
Biz Montha 1-00
Ihre Montha -- .60
KnUred ai second-class matter February C, 1912 at the
a-ostoffice in Beaufort, North Carolina, under the Act
ei March 3, 1879.
MEMBER NORTH CAROLINA PRESS ASSOCIATION
THURSDAY, AUGUST 4, 1932
President Hoover's reduction of his own
salary by twenty per cent is an example of
practicing economy as well as preaching it.
Most folks are willing to practice economy at
somebody else's expense. The supreme test
comes when a fellow makes a sacrifice of his
own interest for other people's good. There
are a good many others who might do well to
follow the example set by President Hoover.
The home loan bill passed by Congress just
before adjournment may prove to be a big
factor in restoring prosperity. As we under
stand it building and loan associations, sav
ings banks and other institutions will be able
to borrow money which they can lend to their
customers. This will enable some people to
save their homes which they are now in dan
ger of losing and will also enable others to
build. There are probably a good many peo
ple who would like to build if they could get
a little financial assistance.
capital city.
In the first place the whole attitude of
these so called bonus marchers was wrong.
They came to Washington, squatted down
upon property belonging to the nation and an
nounced that they intended to stay there un
til they were paid their "bonus" money as
they called it. The money they referred to
is an insurance fund which is not due for thir
teen years yet.
The bonus seekers attempted to intimidate
Congress and after Congress adjourned they
made some demonstrations about the White
House. Some of them returned to their homes,
at Government expense, but several thousand
refused to go and had their runners out try
ing to collect a still larger crowd. It is said
that many of those in the camps were not
veterans at all and some were criminals and
communists. According to their custom of
butting in wherever there is any trouble the
communists have been active around Wash
ington ever since the bonus mob arrived. The
object which they have in view, is th'ei fiyer
throw of the United States government and
the substitution of communism in its place,
after the Russian plan.
President Hoover and others in official po
sitions at Washington ought to be commend
ed by all patriotic and law abiding citizens
for supressing the Anacostia mob. Citizens
should know that problems of government
are best handled by Congress and others in
authority. If such matters are to be turned
over to mobs then there is no further need of
a government at Washington or any where
else.
Washington
Snapshots
Taken by The Helm Newt Service
WASHINGTON', D. C, July 30
The proposal of Senator Wiliam E.
Borah, Republican, of Idaho, for an
international economic and monetary
conference for solution of world
problems and disposition of Ameri
ca's forpicrn debts, took on fresh sig
nificance when it was disclosed that
he had discussed the proposal with
Henrv L. Stimson. Secretary of State,
and found the department not un-
.
friendly to the general nature oi me
suggestion. Interest in the Borah
Stimson meeting was quickened by
the arrival in Washington of Andrew
W. Mellon, Ambassador to Great
Britain, who made Europe's war debts
to the United States, among other
matters, the subject of successive
conference with Mr. Stimson and
President Hoover. Both Senator Bor
ah and Ambassador Mellon declined
to reveal the details of the confer
ences or even to hint remotely at
them. The developments, however,
indicate that international problems
have been placed in the forefront
despite the unlikelihood of definite
action before autumn.
!y after officials had made every ef
fort to maintain order without the
use of military forces. Messages be
tween officials were made public
showing a constant endeavor to ob
tain evacuation by the veterans in a
peaceable way.
Walter W. Waters, titular cor
mander of the bonus marchers de
clared that "no matter what ma -happen
from now on, the B. E. F.
will carry on. If entirely driven from
Washington, it will organize else
where and continue the fight for jus
tice for the veterans and the com
mon people of the United States. We
have gone too far now to quit."
WILL CARRY MORE MELONS
The "J. K. Gillikin," which has
been freighting watermelons to Bal
timore during the pat several weeks,
is now taking on another load here
which was raised at the Taylor farm
about four miles from Newport on
the Harlowe road by Tim Taylor.
Captain Gillikin will probably leave
here within the next twenty-four
hours with his cargo of melons for
the northern city. Quite a good price
was received for the load taken up
there last weekit is said.
THE AMERICAN DOLLAR IS O. K.
By sticking to the gold standard, cutting
down the costs of government and balancing
its budget the Federal government has kept
the American dollar at par. American dol
lars are good any where in the world; their
buying power is good either at home or a
broad. Had the country been flooded with
billions of depreciated currency, as some have
advocated, it would -have -brought -much
worse conditions upon us than any we have
now. The dollar may be a little hard to get
hold of but any way it is good when you do
get it.
LET UNCLE SAM DO IT
! Thora aaam tn hp n errand meh tiaw nri ih
part of the states, counties and towns to get
a share of the Federal relief money which
was appropriated by Congress at its recent
session. At the rate at which these demands
have been pouring in it would take far more
than $300,000,000 to supply them all. Prob
ably a billion or so would be needed.
It is getting so now that everybody wants
the Federal government to do something for
them. In the early days of the republic the
government was not expected to do very much.
Its main job was to protect the country against
foreign invasion, maintain a small army and
navy, collect customs taxes, carry the mails
and do a few other things. In those days the
followers of Thomas Jefferson were so jeal
ous of Federal interference that they even
oppose th building of roads and canals by
the government. Now what a change has
come over the people. Everybody wants
I some kind of relief and wants their dear Uncle
Sam to furnish it.
Fantastic as the report of a nation-wide
conspiracy to wreck banks
by circulating rumors may seem, it is
much too plausible to be ignored. An
apparently well-organized group of
revolutionary rumor spreaders is en
gaged in it, and there Is evidence
that they have worked in Ohio, In
diana, Illinois and Michigan. The re
velation of the plot has robbed it of
much of its potency for evil. But
already much damage has been done.
The authorities have a considerable
volume of evidence, and they should
follow it relentlessly. With such out
rageous criminal acts there can be
no compromise.
NEWPORT FISHERIES SOLD
AT VERY LOW FIGURE
The plant and equipment of the
Newport Fisheries were sold Mon
day at the courthouse door by C. R.
Wheatly, commissioner of the court.
The land, buildings and machinery
were bid in by attorney Llewllyn
Phillips for $2701 subject to the con
firmation of the Bankruptcy Court.
There is an item of aome $7000 in
taxes which are past due and will
have to be taken care of by the pur
chaser. The price at which the plant
was bid in was far below the first
cost and is regarded as ridiculously
low.
A VERY FORTUNATE ENDING
It is very fortunate that the hosiery mills
strike at High Point was settled before things
there got any worse than they were. Gover
nor Gardner, Editor Waynick and others who
brought about a settlement between the fac
tory managers and their employees deserve to
be commended for their efforts. The Good
Book says 'blessed are the peacemakers" and
anybody who can straighten out a bad labor
controversy certainly is entitled to some re
ward. Had this High Point trouble not been
adjusted soon the radical element would have
gotten in control and no doubt there would
have been blood shed and possibly lives lost.
We hope that there will be no more troubles
of this sort in North Carolina again soon.
, Press Gleanings
When the books are finally closed, they will prob
ably show that Uncle Sam financed both sides of the
war. Ex.
Nowadays the sport of kings is trying to stay on
the throne. Judge.
About the only thing they haven't changed on the
1932 automobiles is the back seat driver. Haverhill
Gazette.
THINGS MIGHT BE WORSE
Collier's Weekly, a publication of national
circulation, assembled a long list of facts
some weeks ago which ought to impress those
who are getting a little weak kneed on the fu
ture of the world in general and America in
particular. There are so many of these facts
that we cannot print them all but it might be
well to call attention to one or two of them.
To start with money is not so all fired scarce
as it seems to be. Total savings banks de
posits today exceed twenty nine billion dol
lars, more than one thousand dollars for each
family in the land. Savings bank depositors
number 52,000,000, nearly two for each fam
ily. Our total stock of gold is four billion
dollars. No other country has as much now
or ever did have that much. There is a vast
amount of money on deposit in the postoffices.
By the way there is over one hundred thous
and on deposit with the Beaufort postoffice.
Collier's says currency in circulation aggre
gates $5,464,000,000, which is $700,000,000
more than was in circulation in the boom per
iod. Last year over 16 billion dollars wrorth
of life insurance was written. The total na
tional wealth, is estimated at $329,700,000,000
"which is more than a dozen European coun
tries combined can show. The people of
the United States have more automobiles,
more radios, more homes and more of nearly
every thing than the people of any other
country in the world. The main thing they
need right now is more confidence in them
selves and their institutions.
WITH EXPERIENCE
Some congressmen seem to believe that if they can
only make the treasury deficit large enough it will be
able to cure itself. The Oklahoman.
YUM-YUM.
"And what," asked the chief of the Cannibal Islands,
in his kindest tones, "was your business before you
were captured by my men?"
"I was a newspaper man,' 'answered the captive.
"An editor?"
"No, merely a sub-editor."
"Cheer up, young man! Promotion awaits you. Af
ter ainner you shall be
(Ont.) Observer.
The feeling in government circles,
with the naming of ex-Senator W.
Atlee Pomerene, of Ohio, as chair
man of the Reconstruction Finance
Corporation, is that all the agencies
for promotion of business recovery
are now completed. The further feel
ing is that there is now no material
delay or obstacle to the functioning
of those agencies. Since there is much
confidence in the potency of all these
agencies, especially the Reconstruc
tion Finance Corporation, which is
designed specifically for relief, there
is an atmosphere of calm abut the
business future such as has hardly
existed during more than three years
past. The last possible impediment
to the successful functioning of the
Reconstruction Finance Corporation
was removed by giving the chairman
ship to a Democrat and making the
directors a Democratic board, with
four of that party to three Republi
can?. It becomes apparent toward the
end of the session of Congress that
there was danger that the institution
mgiht be hampered by being dragged
into politics. It was evident that dur
ing a political campaign, the Demo
crats as the party of the "outs" would
be suspicious that hte Republicans
would use the power of loaning such
an enormous sum as $2,600,000,000
for the purpose of helping Republi
cans. The Reconstruction Finance Cor
poration announced its first loan from
its $300,000,000 emergency relief
fund, an advance of $3,000,000 to Il
linois, presumably to take care of
the immediate emergency due to the
prospect of exhaustion of relief
funds in Chicago by the end of this
month. The fact that the loan is only
a part of the $10,000,000 requeued
by Governor Louis L. Emmerson to
be made available for use in Illinois
for the next three months indicates
that the board of the corporation,
now in the process of reorganization
for the administration of its new
powers, is moving guardedly until
its full membership has been named
and all relief request- are received.
Labor's "National Committee for
Modification of the Volsteda Act" per
; forms a useful public service in point
ing out that the President of the
United States "has very little to do
with legislation modifying the Vol
stead act until after Congress has
, voted favorably thereon." Because of
.that not generally recognized fact,
Vice President Matthew Woll of the
labor group now "advises those sin-
;cerely seeking modification to pay
but little attention to party platform
j declarations on this subject, in view
of the refusal of party leaders them
selves to adhere to party declara
tions." This is one in the eye, ap
parently, for both Mr .Hoover and
.Gov. Roosevelt, but the Governor,
in particular, because the Democrat
ic platform is the only one that de
clares for beer. Labor will concen
trate its energies, Mr. Woll says, on
electing Representatives and Sena
tors who will as soon as possible
.vote Volsteadism onU the scrap
, heap.
DREDGING INLET PROBABLY
ENDS SATURDAY AFTERNOON
Unless funds are made available
before the end of this week, the "Ab
secon" which has been deepening the
Beaufort Inlet for the past several
months, will cease its operations Sat
urday afternoon. It was first thought
that the "Comstock" would be re-
quired to come and finish the job,
but the "Absecon ' proved satisfac
tory until the funds apropriated were
spent.
POLICE COURT NEWS
NEW TEMPERANCE LEAGUE
A new and intensified nation-wide
campaign to effect further economies
in Federal, State and local govern
mental expenditures in the next 12
months was begun by the Chamber
of Commerce of the United States.
The plans announced by the Presi
Editor of The News:
A Carteret County Temperance
League was organized at North Riv
er with seventeen members. Mrs.
Maude Arthur was elected chairman
and Miss Corrinne Willis was elected
secretary.
j Mr. N. F. Eure made a very nice
talk on Temperance and on the evils
'of Intemperance.
! We wish this League God-speed
'and we think and hope great good
will be accomplished through its in
fluence. The membership of our League in
Beaufort is constantly on the in.
crease and yet liquor is constantly
being sold in our midst. The "liquor
joints' are still doing business at
their same old stands, and the car
called "the liruor car," rolls up and
down the streets of Beaufort, More
jhead City, the beach, and perhaps
throughout the county unmolested,
;and with as much protection as a
truck that is delivering milk to sick
babie?. It delivers its goods to old
land young alike, and is dreaded very
jmuch by the mothers of our commu
nity. Gentlemen this should not be!
:1s there no help for it?
Mrs. Thomas Duncan,
Cor. of Pub. Co. T. League.
The record of the cases tried by
Mayor Taylor last Friday afternoon
is as follows:
Polk Johnson, colored, drunk, sub
mitted and given 15 days on the
street force.
Clyde Owens and Van Martin
charged with taking some gas off a
boat waived examination and were
held for Recorder's court,.
Adrian Brooks charged with dis
orderly conduct pled not guilty and
after hearing the evidence the case
was dismissed. The warrant was tak
en out by Jim Chadwick, colored
man, and the evidence was that be
and Brooks had some sort of dispute
about some trash. Brooks is one of
the employes of the city stveet froce.
The Mayor issued a warrant for
Chadwick on the charge of disorder
ly conduct and put him under a sus
pended sentence of 10 days.
Lilly Rhodes, colored, charged with
disorderly conduct submitted and
was given 10 days.
Alex Wilson, assault on a female,
continued to next court day.
MUTUAL EXCHANGE STAkicu
FUNCTIONING IMMEDIATELY
j The directors of the re-organized
Carteret County Mutual Exchange
(met recently and elected the follow
ing officers: George W. Ball, presi
dent; George A. Oglesby, vice-presi-'dent;
and George W. Huntley, secretary-treasurer
and general manager,
heretofore the Exchange has dealt
chiefly with marketing. Now it is go
, ing to actively engage in both buying
farm equipment an.l supplies and
Jelling the agricultural produce. A
carload of feed is now on a railroad
siding awaiting to be unloaded. With
in the next few weeks all farmers
who care to will be given an oppor
tunity to become members of the re
organized Mutual Exchange.
dent of the chamber call for further
editor-in-chief." 'Sarnia concentrating the efforts of 1,600
; business organizations under the
! leadership of the national chamber.
AIDING THE FORGOTTEN MEN lIIe said that te fiht of business to
President Hoover has given his approval of the 'j" the level of taxatin has only
home loan bank bil las enacted by Congress shortly I
before it adjourned. It was thi bill which Senator
Morrison interested himself in and appealed to his I "cuirentiy with scattering re
colleagues to support in order that the American home -'K "ous . intfrprct-
owner might protect himself against another toll of i " " K , U" " "
mis depression. Department of Lahnr mnrf nhii
It is the contention of the administration that the j compilation showing a continued
NO MOB GOVERNMENT NEEDED
A government that would permit a mob of
any sort to assemble at its capital and act in
defiance of law and order, would be a poor
sort of government and would not be respect
ed by either its friends or its enemies. The
Federal administration and Congress have
been very patient with the bonus marchers
who have been hanging around Washington
fora good many weeks. Finally patience
ceased to be a virtue and there was nothing
left to do except to use the necessary force
to rid the capital of these people who were
trespassing upon public property and who
were a menace to tho peace and health of the
new system will provide immediate success io the har
assed home owner, with a mortgage hanging over him,
and it is Mr. Hoover's idea that this legislation is go
ing to offset in a large measure Mr. Roof velt's plea
for the forgotten man, because it has be:n designed
to help him who is suffering f.gony under '.he shadow
of a mortgage that now he cannot lift.
downward trend in relief expendi
tures during the last month. The per
iod covered by the statement coin
cides roughly with that in which the
first recent check in the downward
curve of commodity prices was no
ticed. No conclusions are drawn by
t Vl O uRoWmnw i 1
A annrnvpH tho hill tMieV, - fn, v- I " " "um ule "gures
rr.. imaoe, puWlCt K ig knowni howevre,
mortgages similar to the federal farm loan bank sys. ;that in some quarters the drop in re-
tem for farm mortgages. It is claimed for it that j Hef expenditures is taken as an indi-
the measure will increase the financial strength of cation that there has been some eas-
building and loan associations, insurance companies, j"1" ' ne current economic distress.
investment firms and savings banks dealing in resi- '
dence real estate securities. Issues of the Democratic campaign
A board of five at Washington will supervise the ' ue,8tin8 f organisation were
establishment of district and headquarter bank.,, not .fX'
v i.. i jL v.." : .chairman of the Democratic Nation.
V , . V " na ,i Committee, with a group of Sen-
. vCijr ...u.,w.. ..., v.i vim .win ger iton and Houge members. The con-
one of these. sensus of opinion expressed was that
If the plan works out as promised the home owner j economic issues be brought promi
will be protected against exhorbitant charges on mort- nently to the front and that the
gage renewals through high commissions and interest (Hoover Administration should be
jheld responsible for present condi
tions and attacked as failing to pro
vide legislation to solve the economic
problems.
far
PHONE 84
"Applause came from the Senate
gallery when Mr. Hoover cut hat lal.
ary." With jut a few more month
to run, he won't lote much by what
he's done. I know it sounds a little
dirty, but in the spring of 1930, when
business first began to sway, that's
when he should have cut his pay.
This grand-stand slash will soon be
felt not by him but Roosevelt."
We have slashed prices on our
new and rebuilt Bicycles and Repair
parts.
HOE HARDWARE CO.
BEAUFORT, N. C.
i
rateS.
With $125,000,000 set aside for aid to these banks,
there is reason to believe that the measure will help
to stem the tide for a class of people who badly need
help if the detail of the origanization is not delay
ed until it is too late. (Elkin Tribune).
The ordering out of troops to
i evict bonus marchers from govern-J
ment property was a step taken on-
WE WANT TO SUPPLY YOUR DRUG
AND SUNDRY WANTS
BE REFRESHED AT OUR SANTICOLD
FOUNTAIN WITH OUR DELICIOUS
DRINKS
HOME-MADE SANDWICHES
SAVE WITH SAFETY AT THE REXALL STORE
Joe House Drug Store
PHONE 29 REXALL STORE