Newspapers / The Warren Record (Warrenton, … / Dec. 6, 1929, edition 1 / Page 2
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PAGE TWO ADMINISTRATION j HELD TO BLAME Democrats Say Tariff Fiasco Must Rest Squarely With Hoover Administration STATE OF UNCERTAINTY WASHINGTON, Dec. 4.?"The recent adjournment of the special session of Congress without final action on the tariff revision bill amounts to a confession of impotence on the part of the present administration," says a statement of the Democratic National Congressional Committee issued today through its Chairman, Representative .Joseph W. Byrns of Tennessee. "Meanwhile," continued Mr. Byrns, "business must continue in a state of uncertainty, not knowing what the tariff policy is to be for the next few years. Blame for the tariff fiasco must rest squarely with the Hoover administration, and efforts to place it at tne doorstep of Democrats and progressive Republican Senators need not be taken seriously. The Republican administration has a nominal majority of more than 100 votes in the House and of 17 in the Senate. If the administration does not possess the leadership to make this nominal majoriy a cohesive, working majority, the blame cannot by any stretch of the imagination be placed on Democrats. The Hoover administration came into power with a huge vote of confidence and apparently overwhelming majorities in the two Houses of Congress. It thus accepted the responsibility of government, and if it cannot maintain solidarity and function by enacting necessary legislation, it must take the blame therefor and expect to be held accountable by the people at the next election. "Administration apologists are blaming Democrats and progressive Republicans for the tariff debacle. Instead of being censured, they ought to be praised for their refusal to permit the tariff monstrosity which the House passed, known as the Hawley bill, to be saddled upon the backs of the consuming public. Instead of the administration attempting to keep its campaign pledge to revise the tariff so as to reduce the disparity between agriculture and industry, the bill which it sponsored and did force through the House actually , widened that disparity. That accounts for the revolt of western progressive Senators against the tariff program the administration would have written into law. Fur? thermore, that revolt helped keep ^from adding between $600,000,000 and $800,000,000 to the annual living costs of the American people as economists estimate the House would have done. "President Hoover called the Congress into special session to pass a farm bill and to make a limited revision of the tariff. After seven months, it adjourns with the record of having passed a farm bill the farm organizations did not approve and which they might have LOST 26 POUNDS DURING TROUBLE "I fell off from 145 pounds to 119, and I don't believe any man was worse run down than I was. I was continually having boils, and a catarrhal irritation developed in "W""' W. G. FULLER my throat. My stomach was always sour, I lost my appetite completely and was so nervous I could hardly sleep. "I've gained eight pounds on three bottles of Sargon and expect to put on twenty more. The boils and catarrh have entirely disappeared, and I eat anything I want ?x _ ?s?v. indigestion or wiinouo & digu ui ? gas. Sargon Pills regulated me in fine shape, and cleansed my whole system. Our sales manager and another man in our office are now taking Sargon and I hope my statement will nelp others get started on it."?W. G. Fuller, 19 N. Brevard St., Charlotte, N. C. Boyce Drug Co., Agents. Wju This Cow Earn ^Red Lady, above, pure-bred Jersey Kewton, N. C., celebrated her 13th t the exclusive circle of world champ yield. She broke the record for Jer - -A nr. A ducing 951.94 pounas 01 UUllCliaL oitvi lent of 1189 pounds of butter and ? If Red Lady got paid for her work, s than 11000/, figuring butter and milk had under the Coolidge adminis- t tration two or three years ago. and j t with tariff revision in an appar- j t ently hopeless muddle. These are i the net results of the special ses- 1 sion." i When Democrats and progres- 1 sive Republicans in the Senate s voted to restore the 1922 act duty 1 of 75 cents per ton on pig iron, f they voted to cut by approximately f $20,000,000 the Nation's annual bill i to the Steel Trust for steel pro- t ducts. The 30.000,000 farming c population would benefit by ap- r proximately one-third of this re- t duction, as it is estimated the f farmers buy one-third of the out- v put of steel products. In 1927, s President Coolidge, under the flex- t ible tariff act, raised the duty on ! pig iron from 75 cents to $1.121-2 t per ton. At the time, economists estimated this would add upwards r ^ r\r\r\ r\r\r\ ~ fV?n Cf ool CT ?J)iy,UUU,Ul/U miiiuan^ tu i/iit- uvwvi Corporation's income. The Hawley bill, as it passed the House, would have made $1.12 1-2 per ton the basic duty on pig iron. The Senate coalition rejected this increase, the recent huge profits of the steel companies making it apparent that they actually need little or no tariff protection. Farmers generally and wheat growers in particular will not fail* ???a?? ??ul j A 11 Dre Ready We are pleasei that we have moved int and have thoroughly I We are Located opp Ladies anc Will Be Gh Attei Our new place has beei pose of giving satisfyin particular, and we inviti and then keep it up. Winter brought \ er. We changei and can now br: and "the orders' POWJ I CA JOHN B. P0> Teuton, North Carotin* ' is $1000 a Year ... I. \ cow, owned by R. L. Shuford of iSrthanv rpr-pntlv Kv stpnninc into rii^tivtv*^ . vvv....? ? ^ 1" i q ion Jerseys with her official test seys1 over 12 years of age by pro17,434 pounds of milk, the equlva1108 quarts of milk, in 365 days, he would receive a salary of more at current prices. 0 contrast the Hoover administra,ion's effort to restore confidence in he Wall Street stock market with if indifference to the wheat marcet situation when the sharp break n the price of that grain came ast Spring. When the recent itock crash came. Secretary Melon, with the President's approval, jromptly came forward with a prolosal to reduce the corporation and individual income tax rates. Also, he President called a series of onferences of business and comnodity leaders as another step in he direction of restoration of conidence. But last May, when cheat dropped well under a dollar 1 bushel for the first time in flfeen years, the administration took f Another Holiday Season! Another Christmas list to be filled! Why not this year make use of a helpful gift counsel that costs you no more, yet adds so very much in lasting satisfaction? We can show you dozens of attractive, enduring things to fit both your prices and the person in mind. ? ? - ? ? * m ? Bryan Gift and Art Shop Phone 507 New Horner Bldg. Henderson, N. C. >i I???/ ssed Up To Go d to announce | o more roomy quarters 1 remodeled our Cafe, losite Court Square. j r^i-n j i i^niiaren )en Special ition i opened with the purg service to the most 5 you to come to see us is colder weathd our quarters ing you comfort ' you want. ELL'S I FE ^ELL, Owner j THE WARREN RECi no measures to avert or minimize that crash. Then, after the farmers had sold much of their wheat and the grain was in the elevators i and in the hands of the speculators, the market started upward, the result being that many farmers sold their crop at prices below . production costs, while the wheat gamblers made huge profits. In the same way, small speculators in , the stock market were forced to sell their holdings at prices sometimes less than half they paid for , them, while the rich stock gamblers J stepped in and bought the securities at figures which will enable them ' to reap a golden harvest. Afton-Elberon News , A public installation service of ] the officers of the Afton-Elberon ] Council No. 207, J. O. U. A. M., was held last night. The officers for j the ensuing term are as follows: ; P. W. Cooper, Councillor, Nick Mustian, Vice Councillor; W. J. , Pinnell, Treasurer; M. K. Aycock. Recording Secretary; F. F. Limer, / c / Thai worl '' the i Ne c; all o A To n end this i the 1 carr: Ther Ther be e: The conti ( l ' 3RD Warrcntoi Financial Secretary; S. H. Bowden, Assistant Recording Secretary; D. P. Limer, Chaplain; Oliver Reams, Conductor; J. W. Limer, Warden; E. A. Fuller, Inside Sentinel; W. C. Burroughs Jr., Outside Sentinel; J. P. Choplin, J. K. Pinnell, W. L. Fuller, Trustees. Many visitors, including a large number of the ladies of the community were present. Honor Roll The Honor Roll for the AftonElberon school, as announced this week, by Principal P. W. Cooper, follows: Ninth grade?Elizabeth Pinnell, Prank Ridout. Seventh grade?Elsie Mede Aycock, Albert Aycock. Fourth grade ? Betty Louise Fleming, Sam Pinnell, Ella Kearn Pinnell. Third grade?Dorothy Will Burroughs, Ruth Baker, Joe Britt Harris. Second grade?Stephen Bowden Jr., Joseph Pritchard, Delia Peoples. Renew your subscription. It Is The )itizer To Continue to C ily turner Safet Goui Goui ; is one purpose which cers strive to emphasi2 public. That is not en< arry further the idea < f our patrons. We off* Trust I lake provision for you of your days. We invi lature with us. Have a aw your wishes, and 1 y them out. e is safety for your e e is the guarantee thai ^pressed in continued business acumen whicl med. Uitizen Warrent I, North Carolina FRIDAY, DECEMBER j| The Season of Giving 1) | Approaches K E We want you to select some of your Si g gifts from us. w< If In Candy we have the popular S" I Merrick's and Jacobs C Iff Both Will Please. jHf 5 A subscription to a popular magazine will prove V 6 acceptable. We can satisfy you here. If she Bp ? wants sheet music, we have that. K E /r*o TAT 4 ' | lUM d rLADEB :_??? i -^-^M v m ! 1 w I H Purpose Of B Hb( is Bank i Wow in Service to S 5. We Offer: ll i M K "? T isel I *tesy I H. our officers and their fellow B :e in our daily contacts with *B )f service to the interests of ,B )eoartment I < t financial affairs after the H te you to discuss matters of H , capable attorney write into ''Hj :hen give us instructions to H I state in such a provision. ; your wishes as written will B service to those you love. Hi 1 made success may thus be H is Bank I H on, N. C. B
The Warren Record (Warrenton, N.C.)
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Dec. 6, 1929, edition 1
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