THE DANBURY REPORTER.
Established 1872
tVICE PRESIDENT
DEFENDS CHIEF
W. H NEAL OF THE WA
CHOVIA BANK THINKS RE
PORTER EDITORIAL. WAS
UNFAIR AND UNREASON
ABLE
June 18, 1940.
Mr- N. E Pepper, Editor,
The Danbury Reporter,
Danbury. N. C.
Dear Mr. Pepper:
I have read with considerable
concern and much surprise your
editorial of Thursday, June 13,
strongly critiang the stand of
Mr. Robert M. Hanes, President
•f the Wachovia Bank and Trust
Company and now President of
the American Bankers Associa
tion.
Your criticism in this editorial
is evidently based on a statement
taken from the Associated Press
which evidently did not include a
full statement of Mr. Hanes'
opinion and stand regarding our
national crisis.
I am sorry that I do not have
before mo a copy of the address
he made at Hayden Lake, Idaho,
but I do have a summary of an
address which he is to make on
June 19th at Estes Park, Colora
do, and I happen to know that all
fwtff his Decent addresses h* .the
West have reiterated much the
same stand. You will note that
he calls for complete support of
President Roosevelt's program
and takes no issue whatsoever
with his firm stand for adequate
defense and speedy preparation
for whatever the country may
have to face.
I would not attempt to speak
for Mr. Hanes, but in his absence
on an extended trip in which he
Is trying to serve the best inter
est of the country, I could not
refrain from placing additional
Information befDre you, and
taking exception to your criti
cism, which is most unfair, ani
in view of the full facts, quite
unreasonable.
Very truly yours,
W. H. NEAL,
Vice President
Mr. Hanes Speaks
At Estes Park,
Estes Park, Colo., June 19. '
Support of President Roosevelt's
defen3e program and avoidance'
J
of undue war hysteria were urged
at the annual convention of the'
Colorado Bankers Association at'
the Stanley Hotel here today by |
Robert M. Hanes, president of
the American Bankers Associa-1
tion, in an address delivered to
the convention this evening.,
"There can be no disagreement
with the program of the Presi
dent,"'said Mr. Hanes, who is J
president of the Wachovia Bank j
and Trust Company, Winston-Sa- J
lem, North Carolina. "But while
we are doing this let us be on
guard against the building up of j
a war hysteria. Let us keep it
clearly in mind that what we are
talking about is defense and not
Volume 66
about going to war. This is a |
time for clear thinking rather j
than emotional thinking," he
added.
Mr. Hanes called for encourage
ment of business enterprise which
he said "i" just as capable of fur
nishing the sinews of defense as j
it was capable of furnishing the
sinews of offense twenty-three
years ago.
"We have come to the sudden
realization that we are no longer
isolated by the Atlantic and Pa
cific Oceans or by the British
fleet and that if we are to main
tain the impregnability of the
western hemisphere to which we
are committed we must build up
an adequate defense organization
and build it speedily," Mr. Hanes
stated. "How we meet this crisis
will determine the kind of stuff
of which we are made.
"This cannot be done effective
ly by a nation torn with internal
strife," he continued. "The fight
ing forces of the nation are pre
paring a defense program. The
President of the United States
has askei Congress to provide
the necessary funds and the Con
gress is in the process of provi
ding them.
"There can be no disagreement
with the program of the Presi
dent. It calls for the support of
every citizen. It will be worth
whatever it costs and the cost
will be infinitely less than what
:is being paid by the democracies
of Europe for their lack of pre
paredness. We shall discover
that a strong financial and in
dustrial machine is the necessary
foundation of such a program.
Its consummation will require
the abandonment of class antag
onism, lifting of the rod from the
backs of business, finance and in
dustry and the binding up of
our internal wounds.
"But while we are doing this,
let us be on our guard against
the building up of a war hys
teria. Let us keep it clearly in
mind that what we are talking
about is defense and not about
going to war. This is a time for
clear thinking rather than emo
tional thinking
"Let us also be on guard
! against the use of war hysteria
to extend the powers of govern
i
ment over business. The busi-
I
nessmen of this country are just
as patriotic as any other group
|of people and just as whole heart -
edly devoted to the democratic
I way of life. The business, finan
cial and industrial communities
[are just as capable of furnishing
the sinews of defense now as they
[were of furnishing the sinews of
offense twenty-three years ago,
probably more capable." He
praised the selection of industrial
leaders made by President Roose
velt to direct the work of the
National Defense Commission as
"the most reassuring thing that
has happened on the domestic
scene."
Mr. Hares laid the weakness of
the Allies to the economic (fisin
(Continned on 4th page.)
Danbury, N. C., Thursday, June 20, 1940.
,THE DOOM OF EUROPEAN DEMOCRACY IS
THE LESSON FOR AMERICAN DEMOCRACY
"Of all aad words of tongue or pen,
The saddest are these: It might have been."
November 26, 1936, the following editorial ap
peared in the Danbury Reporter:
WAR INSURANCE
Pacifists object to naval and army appropria
tions. Their contention is that America should
scrap her navy and disband her army. This
i would set a beautiful example of peace to the
' world.
| Pacificists should be confined in a quiet asylum
for the harmless insane.
History shows that the peaceful peoples and the
unprotected territories of the world have been
for time immemorial the prey of ruthless
imperialism.
America with its giant resources can build
100,000 bombing planes in 12 months. America
should build such a fleet, and teach its fiery
youth to man them.
The next war will be fought in the air. The
pirates of Europe and Asia would not attack
America if they knew we were prepared.
The lives and property of America should bo
adequately insured.
We have the money, the mate>-ial and the men.
Give us this insurance.
What is needed at Washington is HYSTERIA
accompanied by VISION.
| In this serious time the proposal to increase
the army to 400.000 would be funny if it were
not solemn and tragic and pitiful.
If congress and the army heads are of such an
opinion, they should remember that when the
safety of America is threatened is not an appro
priate occasion to indulge in humor.
The arnjy should immediately be increased to
Three Million Men by—
Calling for volunteers;
Militarizing the CCC camps;
Calling out the National Guard;
Drafting all persons within the necessary pre
scribed ages.
The air force should at once be building with
out the loss of an hour in each 24, to attain a
strength of at least 100,000 warplanes of the
finest type the ingenuity of American engineers
can produce. Engage Ford, General Motors,
Bethlehem Steel and the colossal U. S. Steel
corporation, each given carte blanche and told
to GET PLANES.
The naval strength should be doubled, so that
while the Pacific is guarded, all other vulnerable
coasts may be protected, including the immense
Atlantic shore lines, South America, Hawaii and
the Philippines.
The costs ahead for the people are staggering,
but they will be a song compared with the tri
bute levied by a victorious Axis, if we should be
caught unprepared *
It were vastly better that one-half the wealth
of America be commandeered, than that we play
a losing game.
The fourteen nations of Europe that have fall
en refused to believe in the menace of Hitler,
Mussolini, Stalin and Emperor of Japan.
Now they BELIEVE.
George Petree, Danbury's most
romantic son, is expected to go
to Walnut Cove tonight ... won
der for what.
(TT»e You Do Something and We
,Flnd It Out News Agency:)
(An Editorial.)
Special Deputy Sheriff Carl
Ray was here today.
••» * •
Reid Jones was here today
from .King. t ♦ ,
North View News
Mrs. P. H. Moorefield was given
a surprise birthday supper Sat
urday n.ght with a large crowd
attending Those present were:
Mr. and Mrs. John Priddy, Mr.
and Mrs- N. D. Priddy, Mr. and
Mrs. Marion Dillon, Mrs. Zack
Wood, Mr. and Mrs. Harvey
Manuel, Mr. and Mrs. Trey WtL,
Mr. and Mrs. Snyder Priddy, Mr.
and Mrs. Dan Priddy, Mr. and
Mrs. Coy Mabe, Mr. and Mrs.
Dennis Mabe, Mr. and Mrs. Bern
ard Wilkins, Mr. and Mrs. J. W.
Moorefield, Mr. and Mrs. T. S.
Oakley, Mr. and Mrs. T. W. Oak
ley, Mr. and Mrs. B. B. Oakley,
Mr. and Mrs. H. J. Dillon, Mr.
and Mrs. Guy Priddy, Mr. and
Mrs. Clyde Priddy, Mr. rrd Mrj.
Foil Oakley, Mr. and Mrs Charity
Priddy, Elder Watt Pridy and
Walter Mabe, Mr. and Mrs. Rufus
Bullin, Mr. and Mrs. Jetter Oak
ly, Mr. ind Mrs. Dillard Hole,
Mr. and Mrs. Banner Young, Mr.
and Mrs. David Alley, Mr. and
Mrs. Dix Wood, Mr. and Mrs.
j Jonah Wood, Eranseomo Your.jj,
!j. H. Yoiir.jj, Juiiior Alley, Clar
ence Alley, Frank Fulcher Dur
wood Joyce, Aldun Kington,
Junior, Smith, Henr.an and Rus
seil Priddy, Vaughn Wood, John
Alley, and Misses Edith, Wilma,
Annie Mae, Melba and Ola Oak
ley, Jean, Lena, Florence and,
Ann Priddy, Ruby, Kathleen,
Shirley and Maggie Mabe, Annie
Ruth and Isabelle Young, Lottie
Wood, Jeannie Alley.
Supper was spread on the lawn
and enjoyed by everyone. Hymn 3
were sung after the meal.
T. J. Nunn Passes
At Mt Airy
Thomas Jefferson Nunn, aged
68, well known Surry county
farmer, died at his home near
White Sulphur Springs, Mount
Airy, Route 5, Sunday.
Mr. Nunn was a native of
Stokes county where he was born
July 2, 1871, son of the late Wil
liam and Myra Nunn. He had
spent his entire life in Stokes
and Surry counties.
He is survived by his widow,
Mrs. Evelyn Cook Nunn, of Mount
Airy; one son, Elbert Nunn, of
Paris Island, S. C.; two daugh
ters, Mrs. Robert Collins, of Wist
field, and Mrs. Robert Jcssup, o;
Mount Airy; 17 grandchildren,
and five great-grandchildren; fivej
brothers, Ralph, Edd, Willie, Al
xonzo and Dixie Nunn and four
sisters, Mrs. Drew Smith, Mrs.,
i
Gid Mitchell, Mrs. N. A. Cooke,!
Mrs. J. 1. Owens, all of them,
residents of Surry and Stoker
counties except Mrs. Owens who
resides in Los Angeles, Calif.
Funeral services were held
from the Brown Mountain Bap
tist Churrh in Stokes county at
2 o'clock Tuesday afternoon, con
ducted by Rev. Joe H. Hall and
Elder F. P. Stone. Burial was in
the Nunn family cemetery.
Mrs. Julia Hairston of Walnut
Cove was a visitor here today. !
Number 3,546
HUTSON'S ADVICE
TO THE FARMERS
SERIOUS MARKET SITUATION
AHEAD—TIIE JULY REFER
ENDUM EET TOBACCO
(•ROWERS VOTE THEIR
CONVICTIONS.
7: 7 !;r.cco Growers of Stokes
and other counties:
With the large 1939 crop and
the effect of the war on export
markets fiue-cured tobacco grow
ers are facing a serious market
situation -worse even lhan the
situation from 1930 to 1932. For
tunately, the marketing quotaa
can be U3ed to prevent extremely
low prices and severe losses such
las those suffered by gTowers in
1930, 1931 and 1932-
Recent amendments to the to
| bacco quota provisions of the Ag
ricultural Adjustment Act of
; -938 authorize a referendum on
quotas for a period of three years.
The referendum will be held in
July before the opening of the
1 markets, and any loan arrange
'rnents to support the market will
! depend upon a decision by grow
ers to regulate marketings.
The amendments also provide
that if quotas are in effect for
. three years no farm allotment
| (except in case of violation of
j the quota law) may be reduced
during the three years below uie
1940 allotment for the farm by
more than 10 per cent; and that
no farm allotment which is two
acres or less in 1940 may be re
duced at all during the three
year period- It is hoped that a
sufficient part of the export mar
ket can be maintained so that no
i downward adjustment will need
to be made from the 1940 allot
ment during the three-year pe
riod. Every effort will be made
to keep our export market and it
may be possible to increase the
allotments during the latter part
of the three-year period. '
One of the recent amendments
makes adequate provision for fuil
collection of penalties on any to
j bacco marketed in excess of
| quotas- Under this amendment,
iwhich goes into effect for tha
1940 crop, any farmer who mar
kets tobacco from an acreage in
excess of his allotment will have
the penally of ton cents per
pound on the excess marketings
collected beginning with the first
sale of tobacco from (he farm.'
Since (ho quotes arc on acreage
basis and farmers can sell with
out penalty all of the tobacco
produced on their allotted acre
age there will be no transfers of
quotas cr sales of marketing
cards.
1 hope that each tobacco grow
er will consider carefully the is
sues involved and vote his convic
tion in the July referendum. »
J B. HUTSON,
Assistant Administrator,
... r
E. R. Nelson of Piedmont
Springs and Alfonso Lankford of
Moore's Springs spent a short
while here today.