Newspapers / The Concord Daily Tribune … / May 15, 1923, edition 1 / Page 5
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Tuesday, May 15, 1923. THE Y. M. C. A. Believes in Building a Fence Round the Top of the Cliff *■ y•. N ' i ’ *• v ’ ' V a ■ Rather than an Ambulance Down in the Valley . • 1 A An old sage remarked: “It’s a marvel to me 1 That people give far more attention To repairing results than to stopping the cause, When they’d much better aim at prevention Let us stop at its source all this mischief,” cried he i “Come, neighbors and friends, Pet us rally; 'lf the will fence we might almost dispense With the ambulance down in the valley.” ' 1 ' 1 T' ~ v 1 . 1 11 "'g* 1 i y I So they greased I the bottom pf she ehip 1 OMART builders of smart ships, those hafdy along • . G?the Atlantic Coast just after jthe Revolution. *» I their sharp-built barks and brigantines showed their to I • the Mediterranean blockade and earned I \ Marseilles. And one ingenious device for getting a fmqt pr n jtwo of ektra speed ,was the greasing of the §9 I y 0 while the friction of the water their tfaty 1 slipped onward to safety. » ' I , ' ffhtpys a d, r ?£ agaiqst pjrarcca, cfß»?,aa.4y ih ,the t ,; I * - v case of motor cars aqd trucks. For years this company has j \■ : , been aqqjyag fhp of friction by means of a lubri- I eating oil scientifically designed. *We have been successful. I Ask 1 tor Polarine, the “Standard” oil for motor lubrication — 111 I not jujst “a quart of oil.” STANDARD OIL COMPANY (New Jersey) ' 7T y' 0 * t -t - 7 (THE CONCORD DAILY TRIBUNE RELENTLESS WARFARE ON OIL PROMOTERS ! Thi North Carolina Law Eliminates 95 I Per Cent, of Irresponsible Sales- I men. | Atlanta, Ga., May 14 (By the Asso ciated Press). —Relentless warfare on oil promoters of unsound projects and other “blue sky” operators was urged today by Stacey W. Wade, insurance commissioner of North Carolina, in de* claring before the National Conven tion of Securities Commissioners, Southern Group, In session here, that better legislative protection should lie provided by the states. Business and industrial development in the south since the Civil War was termed by the commissioner as "mar veloifs.” He attributed this progress to a great extent to a “manhood free, by reason of our native lM>rq popula tion, from bolshevish, class legislation, and strife/’ The South, he asserted, has shown a rapid financial recovery l from the period of depression follow ing the world war. “The world at large has been slow to appreciate the wonderful resources with which nature has so bountifully surrounded us,” he continued, “ Bur having gained recognition as the land i of opportunity, this section has at once become the field of reckless exploita tion by nnnibalistic financiers whom we have been polite enough to call blue sky promoters. “Probably no other section of our country has been so infested with these pests during recent years as our ownr southland. The backwash of unsound, prosperity had left a business eddy whose poisonous scum infected whole some enterprise and furnish a rich harvest for the unscrupulous promot-* er. ' t/I. “It is safe to say that but for the timely enactment of stringent blue sky laws and tlie intervention of state officials, our rural sections would have l>een completely impoverished and healthy industrial growth brought to a standstill. Even so, many sections of the country have been reduced to j)ov erty, and their inhabitants left with a gloomy outlook upon life because of the failure of ventures in which they were induced through high pressure methods to invest their savings. * “Does a stringent blue sky law ad versely affect industrial development?” he asked. “If we approach this ques tion upon the assumption that blit*, sky laws, such us'' they may be, are rigidly enforced, I believe we muy reach a satisfactory answer by apply ing, thfe theory in a converse manner: that is, if a stringent law does not promote industrial development, it ad versely affects it. In other, words, if a lax law promotes industrial growth, then a stringent law acts as a deter rent. for it has been said 'that govern ment is best whioh'governs least.’ “If we resolve those factors which make tqi active commerce and under lie all our trade relations will we not find that successful business inter course is based upon mutual confi dence: that upon this human element a flexible credit system forms the sup erstructure of hejilthy industrial growth? Will we not find that when this confidence is Undermined by un sound or fraudulent practices the bus iyss involved immediately threatens to collapse? < - V “The records of my state will show that, wherever the promoter has boon aHowed to enter the field of legiti mate enterprise with his highly color ed fictitious investments there has been a sudden paralysis in the blood stream of conservative business. His high pressure tactics and unscrupu lous methods have produced a reac tion. a commercial infidelity that ef fectually obstructs the channels of le gitimate trade: and those who are in i a position to contribute to the prog ress of the industrial march hold aloof from even the sufest investments. Creditors look with disfavor upon ap plications. if in fact they fire able to survive the storlr brought on by' a too * liberal policy in discounting stock notes. “A proper culture of this mutual confidence in financial and business ventures would produce an upright plant whose branches might flourish and feed the arteries of trade: but if allowed to become entwined with the poisonous vine of promotion it soon becomes a part of one great growth which is rotten at the root, and in j stead of furnisliingVmuch needed enpi ] tal to honest industry we find a tree | not oidy barren of fruit, but infected I with the germ of suspicion, and actual ! repugnance toward bona fide invest ‘ ments. J “Who has not met the victim of some , wild cat venture and recoiled at the j painful look of remorse that snowed too plainly the color had faded from his beautifully painted stock certifi cate? Who can turn away from such a scene and feel that the unrestricted : sale of speculative securities will pro mote sound development?” The mortality rate among well or ganized and conservatively managed business ventures is sufficiently high to warrant a careful, scrutiny of any industrial stock, said Mr. Wade, in asking the que^ion: how much higher : must it lie where the element of pro motion, predominates and where most of the risk is placed on the investor. Who by reason of his small holdings and the difficulty'of obtaining concert ed action is unable to protect his in terests against the schemes of larger hoklers? “It tys self-evident,” he declared, “that fewer restrictions and less vigil ance would not improve the character of blue sky stocks sales nor decrease their number. The character and tier sistency of the professional stock sales man make it highly important that his activities lie closely watched, however valuable bis wares may lie. “Finding it impossible, even with the strictest regulations in my states, to exercise such close supervision as would . prevent misrepresentation and frarfd, X succeeded In securing the passage of an act prohibiting the sale of stock by non-residents or any citizen who had not'been a resident of the state for two years, and thus elim inating more than 95 per cent, of the professional and irresponsible stock salesmen.” Doe* It Pay! •Almost any speech dan got a whole lot of applause,” remarked Senator Bojghum. ’ 'lt’s whit the auditor after hfe epee borne that coupts.” tfil&ington StSr." ■' WET DEMOCRATS PLAN ROOM fPR UNDERWOOD Favor Alabaman Far Presidential Nomination at Party National Con vention, Washington, D. C.. May 14.—Wets in the Democratic party are looking forward with renewed confidence to the national convention. Not only are ■the victories in New York, Chicago, Baltimore and other localities en couraging, but they foresee a situa tion in which, through a combination of the South with New York, New Jersey and Massachusetts and scatter ing votes from other wet States, they believe they can nominate a candidate 6n a platform calling for modifica tion of the Volstead act. Woodrow Wilson's known antipathy to this measure and his personal be lief in beer and light wines are t counted on to help their cause along. s At the moment an understanding 1 appears to be developing between the forces backing Senaftor Underwood, of Alabama, and Governor “Al” Smith, of New York, looking to the 1 nomination of Underwood for Presi dent. His wet sympathies are well known and his record has been con sistently antagonistic to sumptuary 1 legislation. The, plans now being laid ' to furthef his candidacy presuppose 1 wet delegations from the three States ; named above, and assumes also that he (would be able to .carry the South ’ in the convention. * In its essence the movement is pro !’ Underwood, anti-prohibition .and anti ;' McAdoo,\with Governor Smith, whose name figures sentimentally in ad vance discussions of the nomination, 1 exjteoted to throw his support to the Alabaman on the strength of their mutual antipathies to the Volstead act. The Underwood people figure that the Northern wet States would nnturall go to Underwood should “AI” Smith withdraw, on the theory that there would ibe ncnwwhere ebie to go. McAdoo, Bryafl and most of the uiuer party leaders, with the exception-of Woodrow Wilson and Governor Cox, are known as drys. TherefQre it is urged if New York, Massachusetts and New Jersey Democrats want the prohibition law modiflied they will come over to Underwuod in the con vention. This hypothesis assumed that pro hibition will toe the paramount issue in the convention—a not unnatural, but oerhapS premature, assumption at this time, in the view of dis interested observers. It is further assumed by the Under wood strategists that the Senator would he aide to gjrrry the dry South in the convention, notwithstanding his wet affiliations. The. .South, it is lgured would be willing to sacrifice its views on prohibition to put one of its-own sons in the White House. Members of L W. W. Not Wanted, in Kansas. - Topeka, May 14.—As a result of the recent decision in the Kansas supreme court, members of the In dustrial Workers of the World are not wanted in Kansas. The high court has sustained an in junction against the I. W. W„ its offi cials and all members, issued in the dHtrict court of Butler country. It has been held by the attorney gen eral’s department that the possession of an I. W. W. membership card is sufficient grounds on which such member may be held in contempt of the injunction in any county in the state. C. B. Griffith, state attorney gen eral, in his brief before the court. said: “It will be seen at once that ihe acts of the organization are not single acts of crime, tout every act is a part of a system devised and intended to inflict unlawful injury and damage upon the citizens of the state to over turn the 1 industrial system and over throw the government itself.” You will lie sorry if you don't belli the “Y.” I SAGE TEA BANDY TO DARKEN HAIR / . It’s Grandmother’* Recipe to Bring Back Color and Lustre to Hair You can turn gray, faded hair beau tifully dark and lustrous almost over night if you’ll get a bottle of “Wyeth’s Sage and Sulphur Compound” at any drug store. Millions of bottles of this old famous Sage Tea Recipe, improved by the addition of other ingredients, are sold annually, say well-known drug gists here, because it darkens the hair so naturally and evenly that no one can tell it has been applied. Those whose hair is turning gray or becoming faded have a surprise await ing them, because after one or two ap plications the gray hair vanishes and your locks become luxuriantly dark and t)€2utlfula / This is the age of youth. Gray haired, unattractive folks aren’t wanted around, so get busy with Wyeth’s Sage and Sulphur Compound to-night and you’ll be delighted with your dark, handsome hair and your youthful ap pearance within a few days. JIPL Fcr Indigestion and Rheumatism tate /. . » PAGE FIVE C PAW°PAW Y Richmond Woman Relieved of Bawd aches, Sleeplessness and Nervous Depression “I want to say for the benefit of my friends and others thit Munyon’s Paw Paw Tonic positively cures dyspepsU.” This is’ the statement of Mrs. W. E. Moore, of Richmond, Va., Read her letter: -ml was so afflicted with teat dire complaint,” she continues, “that what ever I ate seemed to rest, as though in a lump, upon my breast for hours. “It caused headaches, insomnia and nervous depression beyond description. I could obtain no relief. I-tried a bottle of Paw Papr Tonic end from the very first I felt a change for the better. ’ “My food begtrn to digest and I al most instantly began to feel like another person. I have used but one bottle and I really and conscientiously feel that I am cured.” . If YOU are a sufferer from indiges tion, dysphpsia, any stomach trouble, if you are continually upset from nervous ness buy a bottle of Munyon’s Paw Paw Tonic at once—and just FEEL yourself X improving! It costs / Si a bottle and can 1 /Vw u | be bought at all first- W-L3 1 class drug store#?- Munyon’s Homoeo pathic Home Remedy Co., Scranton, J?a/ ' For Sale in Concord by Pearl Drug Co. TO RELIEVE PAIN IHII BACKACHE Women May Depend upon Lydia E. Pinkham’s Vege table Compound Minneapolis, Minn.—“ I had heard so much about Vege- PIIS!IiiIiHH when * realized I H needed to takesomc thing to relieve my pains an d backache, §pLj and to help build me up I began to take B||V rjj|J that. X had been P if&L* ' weighed a hundred affellt J, pounds, but now I ? have had such good JromiitH that I am recommending the Vegetable Compound to every one. —Mrs. J. J.BIEBER, 3939 18th Ave. South, Minneapolis, Minn. Finds a True Friend “Every woman who values her health should be proud to have a true friend like the Vegetable Compound,” says Mrs. W. E.*Shaw, 3227 Walnut Street, Chicago, Illinois. “I had female weak ness so badly that I could not stand on my feet. Half of my time was spent in bed and I had paihs in my back which were unbearable. I tried everything I could think of to help myself, and when a friend advised Lydia E. Pinkham’s Veg etable Compound I began taking it at once- I recommend it without hesi tation,” Y r OUNG Society Beauty, MARIE MURPHY, De clares She is How Cured of Bheu ra^Bin, “There are few people who have suffered more than I did, but NEU TRONE PRESCRIPTION ‘99’ has made a clean sweep of all my rheu matic pains and swellings. “Ever since a child I have been subject to Rheumatism. Attacks v would come on me at the least un expected time. l£y legs and arms Would swell and stiffen up, and I - would be helpless for weeks at a time. The pain *ras horrible and I was all discouraged. “I read about Neutrone Prescrip tion ‘99’, got some, and started the treatment. Before I had finished the second bottle, the swellings went down, my muscles limbered" up and I felt fine. “Two years have gone by and I have had no Rheumatism. I am Com pletely cured. “Words fall to express my grati tude, now that I am free from Rheu matism, and I want to give Neutrone Prescription ‘99’ full credit for my good health and happiness. I cannot recommend it too highly to everyone suffering from Rheumatism.” Neutrone Prescription “99” now comes in Tablet Form, as well as Liquid Form’, whichever is preferred. Leading Druggists everywhere., Gibson Drug Store. W Wedding VHonneements, leave four orders hi Tribune and Times Office. We rep resent one of the best engravers in Ajaerica- Prices very moderate. Engraved Visiting Cards In Any Style ’Wt the lowest prices, at Tribune ada Times Office. USB THIS FENNY COLtmUIT p’JBl : n t
The Concord Daily Tribune (Concord, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
May 15, 1923, edition 1
5
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