V
VOL. XXII
TUESDAY, JANUARY 30, 1917.
$1.50 A YEAR
A SEMI-WEEKLY NEWSPAPER DEVOTED TO THE INTEREST OFWARRENTON AND WARREN COUNTY
5c. A COPY
THE FARM
LOAN PRIMER
QUESTIONS ASKED FROM THE
POINT OF VIEW OF THE BORROWER-
q What are the general purposes
of the Federal farm-loan act?
To lower and equalize interest
e's on first-mortgage farm loans;
to provide long-term loans with the
privilege of re-payment in installments
through a long or short period of
j. V,r,rvnWPr's Otltion! tO aS-
x-pars at
J 7
to be used as security for money to
t,e employed in farm developement;
to stimulate cooperative action among
farmers; to check land monopoly by
making it easier for tenants to get
land; and to provide safe and sound
Ions-term investments for the thrifty.
Q. When did this act become a
law?
A. It was passed by Congress June
28, 1916, and was signed by Presi
dent Wocdrow Wilson July 17, 1916,
and became a law immediately.
" Q. What, briefly, is the machinery
fcr the application of the farm-loan
act?
.-i i . j i
A. There are tnree parts, as xoi-
to lend 20 times its capital to the
members of the association, it will
be observed that as $1,000 is added to
the capital, the loaning capacity is in
creased ,$20,000, the ratio between tne i
capital and the loaning capacity re
maining always the same. There is
no limit to the capacity of the bank
to serve the needs of the farm bor
rower, so long as it can sell its bonds
with first mortgages on farm land
pledged as. security.
Q. What becomes of the land
bank stock owned by individuals and
the Government? - y
A. The Government stock' and
other stock, if originally subscribed
by others than borrowers, is gradual
ly paid off and retired as the sub-
EM
J La j J
Sill
semble the larm creuita i , scri tions b farm loan ass0ciations
r -
are-made. This is essentially a farm
er's banking system, and the law con
templates the the farmers shall
eventually own and control it.
Q. May these Federal land banks
accepts deposits or do general bank
ing business?
A. They may accept deposits only
from farm loan associations. The as
sociation may accept deposits from
anybody only for the purchase of
Federal farm loan bonds or first mort
gages. This money must be forward
ed at once to the Federal land bank.
Certificates are issued for such depos
its bearing not over 4 per cent per
annum after six days. When the cer-
elc! with War fen Chapter
will spend some time with his parents
Mr. and Mrs.J. D. Riggan here. , .
" Several of the children with some
older ones enjoyed pulling candy at
Mr. C. N. Hardy's Saturday night.
-Mr. F. B. Neal made a business trip
to Littleton Saturday last. -
Mr. and Mrs. J. A. Pitchf ord, of
this place, visitedJ Mrs. Pitchford's
mother, Mrs. P. S. Williams, of Airlie,
last Saturday and Sunday.
Rev. A. P. Mustian filled his regu
lar appointment at Reedy Creek last
Sunday. '
A FEAST OF
THE NATIONS
AFTON ITEMS
lows :
ifirfK n p-fTT-po-atfi .$25 or anv multi-
1. The Federal Farm Loan Board,! , thereof thevmay be exchanged
consisting of four members, named , Federal farm loan bonds of an
equal amount. No other banking bus
iness may be transacted.
Q. What is the object of this feat
ure of the act?
A. To encourage thrift among the
by the President, and the Secretary of
the Treasury as chairman.
2. The 12 Federal land banks lo
cated in various section of the coun
try. 3. The many national farm-loan
associations organized and controlled
by the borrowers themselves, each
made up of ten or more farmers.
Q. What are the duties of each of
the aboved named organizations:
A. The Federal Farm Loan Board
exercises supervision over the entire
system. The Federal land banks
make the loans and issue their bonds
or debentures to investors. The nat
ional farm-loan associations ' are or
ganizations of borrowers, and through
them applications for loans are made
fry thB "Federal land : banks: :""
Q. Who governs directly each of
the 12 Federal land banks?
A. When a bank is first establish
ed, the Federal Farm Loan Board
names five directors from its district
to run it temporarily. When it has
loaned as much as $2,000,000, so that
farm-loan associations subscribed to
$100,000 of it stock, being 5 per cent
thereof, it is to have nine directors
six to be elected by the national farm
loan association of its district and
three to be appointed by the Federal.
Farm Loan Board. Directors are
The Chapters of the Third District, Order-of the Eastern Star met with
Warren Chapter in Johnston-Caswell Lodge rooms on Friday of last week.
The attendance of delegates from other Chapters of the District was not large;
but those who did attend made up in enthusiasm what was lacking in numbers
Mr. A. H. Fraizer went to Hender
son Friday on business.
Miss Gertrude Reams, of Morris
ville, N. C. was a pleasant visitor in
the home of her uncle Mr. H. P. Reams.
ilast week.
V; a are sorry to report Mr. W. A. J.
Pernell on the sick list. We wish tor
him a speedy recovery.
people and make saving money easy
and convenient for farmers and their
famililes, and to make possible the
purchase of farm loan bonds on the
installment plan.
Q. Who may borrow money from
the Federal land banks?
A. Only persons who are the own
ers or about to become the owners of
farm lands and who are or intend to
be actually engaged in farming.
Q. What should a person do de
siring to make a loan?
A. He should apply, for member
ship in the nearest farm loan asso
ciation. Q. What should he do if there is
no national farm. loan association in
easy reach?
A. He should organize a national
farm-loan' association in his commun
ity together with nine or more other
persons who are farmers or pros
pective farmers.
Q. Hoy may a national farm loan
association be formed?
A. One of the organizers should
write to the Federal Farm Loan j
lK in nuiiiocxs. , M y q -pAlis. of Bank of Warren
The meeting was called to order at 3:30 Friday afternoon by Mrs. R. J. Jones fwag in AftQn Thursday looking after
District Deputy Grand Matron,-Mrs. Howard .F. Jones, Past Matron, acting j usi-ie-s
as Associate Matron; Miss Mary Harnss, Conductress, and Miss Mary Bur
roughs, Associate Conductress. Mrs. Noland Knight, of Ashville, N. C,
Grand Matron; Mr. J. Edward Allen, Grand Patron, and Miss-Ethel Chandler,
Grand Organist, were escorted into the Chapter and given the Grand Honors.
Mrs. Ben Gay, of Jackson, and Miss Mary Norman, of Halifax, were also given
a warm welcome. -
The following interesting program was then laid before the assembled
Chapters and Grand Officers: .
KEYNOTE: MAKING A WELL-ROUNDED CHAPTER
" 3:45 p. .m v
Exemplication; introit; opening ceremony
Reception of Distinguished Visitors
Tender and acknowledgement of courtesies
The Grand Patron leading '
Addi esses and instructions from visiting
- . . Grand Officers
The Grand Matron leading
Exemplification: Forms from the Book of Special
Instructions '
7:45 p. m... ". ; . !
The call to resume labor : .
Exemplification: the ritual of initiation
' The District Deputy Grand Matron directing
, Remarks for. the good of the Order
By courtesy of the visitors '
The special meeting of Warren; Chapter is closed.
9:15 p. m. ' ) -;:'f - - '. - '
Mrs. W. T. Dunn, of Wake Forest,
N.. C, spent the week-end with her
brother Mr. H. P. Reavis.
Mi. Fletcher Williams, of Richmond,
Va., is visiting his brother, Mr. D. C.
Williams.
Mr. James Williams has "grippe"
but is improving. We hope that he
will soon be well.
Mr. D. C. Williams and son Bryant
spent Saturday in Henderson.
Mr. Henry Fuller was in Warren
ton on business Saturday.
Mr. H. P. Reavis was greeting old
friends in Henderson Saturday.
Miss Sadie Limer is teaching the
Cedar Grove school, Shocco township,
finishing out the term of Miss Tulia
Ricks who resigned.
Mr. W. II. Martin spent last week
in Macon putting in wells.
We were grieved to learn of the
death of our friend Mr. W. T. Johnson
of Warrenton and wish to extend to
the bereaved family sincere smpathyT
Formal extension of hospitality to the Visitors
The WorthyVMatrprcjdi ;:' "-
Demonstration: 1 Practical Work for the O. E. S. Home "
Mrs. H. A. Boyd, arranging
Demonstration: A Chapter social Hour, .
Mrs. Howard F Jones, P. M.; Miss Dameron,
Organist of Warren Chapter; and Miss Chandler,
Grand Organist; planning
Committee on Arrangements
The District Deputy Grand Matron
The Grand Patron of North Carolina
The Grand Organist of North Carolina
Miss Sue Burroughs, W. M. of Warren Chapter
Miss Sarah Macon .
Mrs. H. A. Boyd -
Mrs. Howard F. Jones ;
The Chanter was pleased to receive Superintendent Brown and Mrs. Brown,
Roard in Washington, D. C, asking Vl 'nvfnrH Ornhan Asvlum as new members, and to receive by initiation
elected and appointed -for three-year j)rinlrs and instructions how to j Mn L w Alderman,Condue tor of the Orphan Singing Class. They added
TODAY'S LOCAL -AND PERSONAL-
terms,
two being elected and one ap
ml- j: A
pointed each year. ine uireciwo
choose the bank officers.
Q. What determines the location
of the banks? v
A. The Federal Farm Loan Board
locates these banks with a view to
serving most advantageously the farm
loan needs of the country,
Q. What is their capital stock?
A. Each bank starts with a capi
tal of $750,000, but it gets additional
money for lending by automatic in
crease of its capital stock and through
the sale of its bonds by pledging the
mortgages it takes as collateral se
curity. .
sto.
m
the
Q-Q Who mav own
Federal land banks?
A. It is open for general subscrip
tion. The stock is place on sale for
30. days, and if the public does not buy
it the Government takes it at the end
of that time.
Q. IIss it voting power?
A. Only the stock held by the Gov
ernment and bv the national farm-
loan aSSf'Ciaf irmc Vioa -irnin T nfiWPr.
Q- Will this stock pay dividends?
A. If the banks make a profit they
will pay dividends on all stock ex
cept tVlPt hnA Ktt v.
Q. Will you exnlain how after a
bank knds its original capital it gets
additional money to lend to farmers?
A. When a bank has loaned $50,
ooo or more on first mortgages, it
m&y issue not less than $50.0000 of,
nouns aga;nst these mortgages and
jthus borrow money to lend to the
farmers. This process is repeated
v and over until the canital of the
fanked is turned over 20 times. If
'le canitol ii.. i i i: ii
i uie uanK were umiicu
$750,00afthe bank would have a
panmg capacity of only $15,000,000.
rut ths law rrovide? for the automat-
icrease of the canital of the bank
0m the fact that each national farm
311 association i5 vofTinroVl trt hnv
in the bank equal to 5 per cent
f wie ians it procures for its mem-
rs. R;, , , . ......
. 1 1 i 1
proceed, wrnch will oe manea on re
quest. When these are received tne
piospeeie borrowers should hold an
O'gar.intion meeting and elect from
their members a board of five or more
diroc.ors and this board should elect
d loa committee of three, a president,
a -vice-president and a secretary-trea c .
uvt:r, who is a bonded officer. The
secretary-treasurer may or may not
be a member of the association. These
10 or ?nwrf farmers should make ap
plication in writing to the Federal
land bank for loans to the aggregate
amount of $20,000 and for a charter
to do business. They must sign and
i cknowl edge' articles of associations
and forward them to the Federal land
bank. The Federal land bank will
then send it appraiser to inspect the
land offered as security "for the loans
applied for, and, if satisfactory, the
loans will be authorized when the
charter is granted to the association.
The bank then advances the money
through the secretary-treasurer of
the local association. In the appli-
ation signed by the borrowers each
must indicate how much money he
desires and must list the value of the
land to be mortgaged as security.
- (Continued in Friday's Edition)
FIRST REGIMENT
The first Regiment, North Carolina
Infantry, will leave the Border Fri
day. We trust it will not be very
long before the entire North Carolina
Guard is at home.
A little nonsense now and then is
relished by the best of men." We
paraphrase this by saying a little com
pliment now and then is relished by
the "best of men. Mr. Jos. Powell, of
the Citizens Mercantile Co. deserves
a pat upon the shoulder for the artis
tic manner in which he dressed the
window of the Citizens ' Mercantile
Go's retail department. It was his
first effort, and does him credit.
much to the pleasure of the occasion by their presence and good cheer. The
closing hour Friday evening was given over to short addresses by the Grand
Worthy Matron, Mrs. Noland Knight; Mr. R. L. Brown, Supt. ot the Orphan
Asylum, and by Mr. L. W. Alderman. A Demonstration of Practical work
for the 0. E. S. Home took the form of a "quilting;" three nice quilts having
been provided and placed in the Banquet Hall for busy and skilled fingers to
demonstrate practical work for "sweet charity's sake."
Delicious refreshments .of Chieken Salad, Hot Coffe, whipped Cream, pickles
and sandwiches were daintily served. '
"A Chapter Social Hour" was given over to Music and Recitation. The
music was furnished by a Sextette, Mrs. Norwood Boyd,' Miss Alice Rodgers,
Miss Mamie Gardner, Miss Ethel Chandler, Mill Lily Belle Dameron and Mr.
John Dameron, and a solo by Mr. John Harriss The entire music program
was. much enjoyed. Miss Mary Burwell and Miss Creighton Thorne added
much to the pleasure of all present and showed much talent in the program
of Recitation assigned them.
The District meeting was pronounced a most successful meeting from all
points of view, and its convening here was a source of pleasure toWarren
Chapter. The'chapter especially appreciated the presence" of Mrs. Noland
Knight Grand Matron,, and rejoiced in the words of commendation which
fell so' charmingly from her lips. The Chapter reciprocates all the nice
things said about it, and is looking forward to the meeting of the Grand
Chapter in June at which time Mrs. Noland Knight will be with us again and
preside over the Grand Chapter. The presence of Mrs. Gay of the Jackson
Chapter and Miss Norman of the Halifax Chapter, as well as all of our vis
itors was a source of much pleasure to the entire Chapter, and to their
hostesses while attending the District meeting.
- The next big event for Warren Chapter is the convening of the Grand
Chapter of North Carolina in Warrenton in June. About one hundred and
fifty vistors are then expected.
Congratulations are due Mrs. R. J. Jones, District Deputy Grand Matron
upon the success of the meeting just brought to a close. She jresided with
dignity and with great credit to herself and to this Chapter.
Tn Mr W. K. Barham who was indispensable filling all positions from as
sistant Decorator to "best beau" of the charming girls of the Chapter, thanks j
are due; his services were (as always) freely given, and much appreciated.
MARRIED
Mr. Roscoe Perkinson and Miss
Bertha Hicks at the home of the- par
ents of the bride, Mr. and Mrs. Atlas
Hicks, on last Sunday at 4 p. m., the
pastor of the Baptist church of Nor
lina officiating. THE RECORD
wishes this newly wedded pair much
happiness.
WANTED a goocl Milch cow, gentle
and not too old. C. W. FLEMING,
1-30-ltp.
Norlina - N. C.
ASPEN ITEMS
No drought as yet here to report.
Farmers are beginning to feel a
little blue over the continued wet
weather, on account of burning plant
beds.
Mr. Vance. Neal with Miss Clyde
Pitchf ord called on the New Couple
31 Mr. J. D. Riggans Saturday night
Mr., T. W. Pitchf ord went to
Vaughan on business last Saturday.
Mr.. Zeb Riggan, of Norlina, came
with his bruie one day last wee,k and
COTTON, 17c. today.
rMr. J. B. Overby is in town today.
- Mr. T. V. Overby is in town today.
Mr. R. K. Carroll is in town today.
Mr. J. R. Lloyd was in town toaav.
Mr. C. M. Overby is in town today.
Mr. Alex Katzenstein is in town to
day. Mr. Howard Overby is in town to
day. - '
Mr. Henry C. Weaver is in town to
day.
Mr. Richard Y. King is in town to
day. .
Mr. C. W. Fleming was in town to
day. Mr. J. H. Fleming was in town to
day. -
Mr. R. H. Hawkes was in town to
day. -Mr. Peter M. Stallings is in town
today.-:.
Mr. Joe Peoples, of Shocco, is in
town today.
Mr. Wallace Cawthorne was in
town today.
Mr. H. S. Grant, of Wilson, N. C,
is in town this week-end.
Mr.; Will Coley of the News & Ob
server was in town today.
- Mr. L. W. Gupton, of Areola, was
in town Sunday with a prisoner un
der arrest for forgery. "
Quite a nice "break" of tobacco was
on our market today a splendid
"break" considering the roads.
The Cakewalk under the auspices of
the Red Roses will take place at the
old Armory Thursday night at 8
o'clock. Don't forget the date nor
place.
Measles are preyelant in town. A
number of families have children with
the disease. All cases have been quar
anteened by Doctor Peete, County
Physician.
Our friends will confer a favor and
help the town by telephoning locals to
this office. Help lis make the WAR
REN RECORD a true record of the
daily life of our folks.
---Miss Ursula Pettetier, of Beaufort,
has accepted a position with the H. T.
Macon Ins. Agency. We are pleased
to welcome Miss Petttetier to our
town and trust her stay with us may
be pleasant. '
We asked , one gentleman early this
morning "What's the hews ? His
answer was "the sun is shining." This
was indeed good news, for we have
had cloudy, misty rainy weather for
three weeks. The roads are worse
they have been in a long time.
The "White Roses" presented "A
Feast of the Nations" to quite a large
number of our school folks last night.
As has been stated in our columns the
Betterment Association has divided
its membership in two groups; the
White Roses, and the Red Roses.
These Roses are rivals for the patron
age of the public in their laudable ef
fort to raise money for our schools.
It is a friendly rivalry the best of
spirit prevails. The rival Roses do
not let their rivalry keep them from
saying a good word for each other
and mutually aiding the cause of the
Betterment Association. The Feazi
of the Nations last night gave much
pleasure to all who attended, and was
well arranged and those taking part
displayed much talent. We under
stand quite a little sum was contribut
ed to the Treasury of the Betterment
Association.
In this, connection it will be well to
state that Mrs. B. C. Hilliard on be
half of the Red Roses will have and
old-fashioned "Candy pulling" at the
Graded school building tonight. Ad
mission five cents no other charges.
The Red Roses will have a "Cake
Walk" at the old Armory Thursday
night; whichpromises much enjoy
ment, judging by the "Cast of Char
acters" who will "walk."
STOP!
LOOK!!
READ!!!
RED ROSES CAKE WALK
On Thursday night at the Armory
bright,
A "Big Event" will take place
There'll be couples gay, who will dance
away
With steps of airy grace
For old time's sake a cake we'll bake
And place upon a stand
Here with your "pal", either Harry or
Sal
You'll cake walk hand in hand
Let your bonnet be red you wear on
your head
And your dress of yellow and pink
But if you haven't these just any
thing please
Doesn't matter if it black as ink
Come one, come all, both great and
small
And bring a little cash
For a little dough makes things go'
And perhaps you'll make a mash.
Our roses are Red, our violets are blue
Our sugar is sweet, why not you ?
We work for our schcfol our children
dear;
So come and help without any fear
BO YOU KNOW HOW TO
CLEAN YOUR TEETH?
Do you clean your teeth -when you
brusn them, or do you simply go
through the motion? Many people
pretend to brush their teeth by pass
ing the bristles crosswise over the
surface a few times, but this is at
most a pretense, as it really does not
get the proper results.
The best way to clean the teeth is
to place the bristle of the brush firm
ly against the teeth and with a rota
ry or scrubbing motion go up and
down the surface of the upper and
lower teeth both inside and out and
up on the gums. Go also behind the
teeth. After seeing that every bit of
the surface of the teeth has been
cleaned in this way, then rinse the
mouth throughly, forcing the water
between the teeth several times to
unloose and food particles. Do this
more than once and always spit it out.
To keep the teeth as clean as they
should be kept in order to preserve
them and prevent decay, it is neces
sary to wash them after each meal in
order to remove all food particles.
They should also be washed the first
thing in the morning and the last
thing at night. It is well to have
more than one brush on hand at a
time so that it will never be necessary
to use a wet, limp brush. A good,
stiff brush used two or three times a
day and a standard paste or. powder
used once a day is all that is usually
necessary to keep the teeth clean and
in good condition. Remember always
when washing the teeth that a clean
tooth never decays.
: Mesdames John H. Kerr, of Warren
ton and T. J. Holt, of Wise, visited
their cousin, Mrs. Robt. N. Sims of
Raleigh, Saturday.
. -vxc eacn DanK is permineu