LHE DANBURY REPORTER.
59.
10 PRICES
OME BETTER
irolina Markets
iiesdayf. With Prjices
.20 To sl.lO Per
Jan. 5. Eastern
ina tobacao mark
l yesterday after
as and New Year's
,nd although the
ight average prices
ed to be higher
the holidays,
ets had been closed
oer 17.
id States Depart
griculture tobacco
tion at Oxford, re
porting for the markets of Ox
ford and Henderson, found
pdices 16 to 29 per cent, higher,
depending on grades, while the
government grading station at
Farmville reported average
prices higher "than before the
winter recess.
.Average prices for the Ox
ford and Henderson mrfcets
follow:
Orange leaf: Fourth quality,
$13.20; fifth, $7.20; sixth, 12.90;
seventh 51.10.
Orange ; Third quality,
$9-50.
Average prices for Farm
ville follow:
Lemon leaf: Fifth quality,
$10; sixth,s4.lo.
: Sixth qua-ily,
$3.10.
The Farmville market re
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and
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Established 1872. Danbury, N. C., Wednesday, January 6,1932.
KIND OFFER TO
•STOKES FARMERS
Greensboro Auction and Sal
vage Company Offers Stokes
farmers Free Parking Day
Or Night.
The Reporter has just Receiv
ed the following letter frbm
the Greensboro Auction & Sal
vage Co. at Greensboro:
To the Fai'mers of Stokes
County:
After traveling through
your county and seeing the piti
ful condition of the farmers,
we thought many of you had
fruits, and loads of produce
that you would like to sell- We
have a large vacant lot in the
center of the city here next to
our Salvage Store. We want
to offer it to the fanners of
Stokes and adjoining counties,
free of charge, to come and park
their cars, day or night, and
dispose cf their goods.
Yours truly,
GREENSBORO AUCTION
SALVAGE CO.
R. L. England, Manager.
SELLING JOBS
TO POSTMASTERS
Senator Bailey Brings Grfcive
Charges Against Republican
Executive Committee I n
North Carolina.
I Washington, Jan. 6.—Senator
.Josiah Bailey today charged
I that the North Carolina Re
publican executive committee
was making a business of sell
ing North Carolina posfcnaster
, ships.
Assailing the committee,
i composed of J. S. Duncan, chair
man W. H. Fosteri. secretary
and treasurer, and Charles A
! Jonas, Bailey said he had evi
dence which would prove his
' charges-
"So help me God," the North (
Carolina senator asserted, "I 1
am going to put an end to this
committee selling postmaster- J
ships in my state." 1
Although a member of the '
Senate post office and post roads j'
committee, Bailey would not
state if he intended to ask an
investigation of his charges by
this committee. He declined to
comment on his plans further
than to state he intended to stop
bartering of postmasterships J
•> by the Republican executive \
' committee.
I
Mrs. D- I. Massey, of Wen
dell Route 1, reports selling
$98.11 wrth of poultry and (
eggs from a flock of 20 hens (
last year. Mr. Massey sold
j $98.11 wocth of poultry and
cows since May 15.
Recent purchases of pure
bred Jersey bulls by Wayne
county farmeils brings the to
tal in the county to 18 regis
tered breeding animals-
Union county, the original
home of in North
Carolina, plans an increased
{acreage this season.
FEAR AND PANIC CAN
WRECK NORTH CAROLINA
Remarkable Editorial From Raleigh
News and Observer of Thursday,
December 31.
Write it down in words that cannot be. erased.
North Carolina's destiny is as high, as free, as secure
as North Carolina's courage will let it be.
Moreover, we who are the responsible citizens
today can wreck the State and its institur.ons be
yond the powers of our children or our children's
children to repair- War did it once but war isn't
necessary.
We can do it without the consciousness of any
vicious purpose to wreck. We can do it on the self
conscling plea that we are looking out for our
own interests.
But what of these interests tomorrow when we
survey the wreckage our panic has wrought? What
fcf our own tomorrow with banks gutted, tmde and
industry bankrupt, homes gone, jobs flown, govern
mental agencies paralyzed?
Let's repeat. We can do this without the conscious
ness of any vicious purpose to wreck. Make it strong
er. North Carolina cannot be wrecked by an intent
to wreck. is not inherent in the State enougii
viciousness for that- The only wap it can be wreck
ed, the only way this State may b e set back to the
dismal years of reconstruction is by our own fear
and panic.
What is the State after all? Nothing more than
an artificial organization of individuals. It hasn't
life or soul or courage of its own. its character is
the character of its individual citizens, who cherish
its integrity because under the sanction of its laws
men may live together and work together safely and
profitably.
It is not very different fijom a bank and it may ba
wrecked as a bank is wrecked. If we wreck enough
banks in the end we'll wreck the State.
Moreover, we can go on wrecking banks just as
individuals have wrecked them in the past thirty
days. We can hammer on them, and draw out our
deposits, and spread our fears to depositors in other
banks and then sit back and congratulate ourselves
when the doors are closed that our money is safe in
a little tin box somewhere.
But what a price for safety of money today when
tomorrow it will be gone and there will be no means
of making more? The process has a bitter and
hideous ending- And it is a process that individuals
can promote or can halt. It is all a matter of faith.
They are commonplace words. We use them too
glibly, usually with no thought of their sublime
meaning. Why did we deposit our money in a sub
stantial bank, operated by honest upstanding bank
ers? Because we trusted the bank, and its officers
We thought it was a safe depository. Today come
the whispers, the unfounded rumors, and a panic of
fear drowns all the faith we ever had. We rush
down and draw out our funds until the bank either
exhausts its resources to pay or closes its doors
to protect those depositors who were not afraid-
Yet the officers of the bank that today is a wreck
because we did not trust them or it, because in our
fear we destroyed them, are the same men we trusted
yesterday.
There's no need to mince words. Even the most
optimistic in North Carolina looked for some liquid
ations with the slump that comes always after the
seasonal Christmas spurt.
Are we going to convert this logical, natural con
dition into a State-wide catastrophe ?
It isn't a matter for the Governor or the legisla
ture or the banking commissioner. The banks them
selves eventually can reach the limit of their powers
to borrow in such an emergency.
It is a question for the individual. Will you make
fear your master and concert yourself into an enemy
to your own interests and your neighbors' or will
you have faith in yourself and them?
North Carolina can be wrecked if enough of us are
willing to wreck it ori to sit by supinely while it is
being done. Nothing under high heaven is fear proof.
: BANK SITUATION
IS IMPROVING
Financial Institutions Are
Emerging From Storm
Clouds—Bankers Say Confi
dence Has Been Restored.
_____
i Charlotte, Jan. 5—S tor ,n
clouds which have hovered over
North Carolina's financial situ-
I
ation. today appeared to be
: clearing away, with bankers
expressing the belief that the
i worst of year-end withdrawals
had endeed.
i No failures wefle reported to- 1
day, and several banks which!
| had felt the stringency because j
; of neighboring failures, report- j
ed business at a mor e normal ;
pace.
Angus W- McLean, form?/
I
governor of North Carolina
! and chairman of the boafd of
I
directors of the North Caro-
I
lina Bank and Trust Company,
said his contracts led him to
believe that the situation was
improving rapidly.
The Greensboro brtanch of
this bank, which resorted to tlv
30-day savings deposits with
drawal notice law after the
closing of the United Bank and
Trust Company last week, op
erated under the provision only
until some of its resources
could be converted into cash so
that any possible demand might
be met, and today was operat
ing as usual with no such re- 1
l . ;
, quirement. I
W. S. Rvland is president 01 \
of the North Carolina Bank & i
Trust Company and L. B.
Granger is executive vice- pres
ident.
1 Although two banks in Fay
' etteville posted suspension
notices Monday night, no dis
-1
turbance was reported from
that section, and the Branch
Bank and Trust Company, the
j city's remaining financial insti
-1 tution, operated as usual.
I I
STATE TREASURER
DIES SUDDENLY j
'
Nathan O'Beify Succumbs To |
Heart Attack—Was 75 Years j
Of Age—Made An Excellent ;
Officer.
News oomes from Goldsboro
' that Capt. Nathan O'Berry,
, treasurert of North Carolina,,
' died at his home there almost
► ] !
• { suddenly early Wednesday
| morning after being stricken
► with angina pectoris, that most
[ deadly affection of the heart.
► I Capt. O'Bei'ry, who was 75
► years of age. had been in his
, usual very fair health until the
' sudden attack.
►
> It is stated that he journeyed
| each day from Goldsboi'o to
' Raleigh, a distance of about
> I
, miles, to attend to his duties
' as treasurer for the State, and
» his fecord has been most ex
! cellent.
i
> i
> I
>j Limestone and lespedeza are
> responsible foi) corn yields ev
> | eraging from 40 to 58 bushels
Sjan acre in Person county.
Number 3,707
l FEDERAL AGENTS
RAID IN STOKES
Destroyed 3(10 Gallons Of Bew
Near .Meadows. On Dan Riv
er The Operators Made
Their Escape When Signal*
Were Given.
Federal Prohibition Ajient W.
T. Kennedy and Homer Smith
went up to Stokes county yes
terday and made a raid on a
distillery about 3 miles north
east of Meadows, located on
Dan river. »
As the officers approached
the still place they stated that
they heard pistol shots, which
they took as a signal to the
operators of the stiil. At :my
rate the men made their escape
and only the bee: 1 was found
at tht' still. About .">OO gallons
of this was poure:l out- No
arrests were made.
MUST HAVE
NEW TAGS NOW
.Motorists Wilh Old Tatrs Will
lie RequH d To Park I'ntil
They Buy New Ones.
Wilmington. Jan- s—Captain
Charles D. Farmer, chief of the
State Highway Patrol, instruct
ed lieutenants of the state, at
a meeting here today, to begin
a campaign tomorrow morning
against automobiles not bear
ing 1932 license plates.
He instructed that all cars
with old tags be ordered to the
curb and kept there until new
are purchased. No arrests are
to be made, yet. but arrest ord
ers will probably be issued next
week, it was said.
At today's round-table dis
cussion it war eided to con
tinue a stiff campaign against
defective brakes and lights,
and to see that all trailers have
brakes, and drivers were
I warned that they must carry
I their registration cards at all
times while in their cars.
I Today's was a monthly meet
, ing of the district patrol lead
ers.
I - '
I
| May Have Second
Cut In Salary;
Raleigh, Jan- s—Members
of the faculty at N. C. State
' College, already working for 10
: pei* cent, less than before the
1931 legislature convened, today
faced a new salary cut.
They were informed by Dr.
E. C. Brooks, president that
the executive order cutting the
school's budget $107,000 below
| what had been originally allot
ed could not be be met without
a reduction in existing salary
'schedules and curtailment of
1 extension and agricultural ex
periment work.
Rev. John D. Smith, of Pilot
Mountain, preached in the Dan
bury Presbyterian church
Sunday afternoon at 3
i Mr. Smith is a
county.