PAGE TWO
THE FRANKLIN PRESS AND THE
highlands MACONIAN
THURSDAY
NO NEW TAXES
ARENECESSARY
Increasing Revenue Seen
As Ample for Federal
Requirements
tSpscial to The Press-Maoonian)
WASHINGTON., August 26.—The
announcement from the White
House after a conference 'between
the President, Senator Pat Harrison,
Chairman of the Finance Committee
and other financial advisors of the
Administration, that “no new taxes
and no increases in present taxes
are necessary” has started a discus
sion as to j.ust what is imphed in
the statement. How much was it; a
gesture for political effect and
how far was it a reflection of im-
prov.ement in business conditions?
The Secretary of the Treasury
pointed out that the revenue from
existing taxes is steadily increasing,
due to continued improvement in
business conditions, and that the
government is steadily approaching
a revenue yield which will be ade-
puate to cover expenses and reduce
the public debt.
The generally accepted explana
tion of the reason for making the
announcement at this time is that
it was not so much to strengthen
Mr. Roosevelt’s ow,n political posi
tion as to help Senator Harrison in
. the primary contest in his home
state of Mississippi.
Social Security WWrl
Because so much of the news
coming out of Washington in the
past few years has been about the
acts of the President and of Con
gress, it is easy to get the impres
sion that nobody does anything in
Washington between times.
As a mtter of fact, the Capital
City is a beehive of activity the year
around. Perhaps the ibusiest office
in Washington right now is that of
the Social Security Board, which
has moved into the old Department
of Labor building and is already be
ginning to find itself cramped for
space.
The tremendous job of listing, in-
dexng and assigning a serial num
ber to everyone of the 26,090,000
and more workers in business and
industry who will come under the
provision of the retirement benefits
section of the act on January 1,
next, is a job of detail work which
is already employing several thou
sand clerks. The latest estimate of
the number of persons who will be
required to administer the Social
Security Act program when it is in
full operation is 30,(X)0.
The work now under way in this
bureau must be completed before
the end of the year, for beginning
on January 1, 1937, every worker
reaching the age of 65 will be en
titled to retirement benefits.
Monthly benefit payments for life
will not begin until 1942, but any
employed ]>erson reaching the age
of 65 after the first day of next year
can draw down from the Social
Security account a lump sum
amounting to 3^ per cent of what
ever he may have earned after Janu
ary 1, next, provided he quits his
job and goes into retirement on his
65th birthday.
In addition to this, the Social Se
curity board is in charge of the
allotments to states for old age
pensions, for the collection of payroll
taxes for unemployment insurance
and the distribution of the proceeds
of these taxes to the states, and
the allotment of Federal funds for
various kinds of health, disability,
child welfare and mother’s pension
purposes.
Robinsion-Patman Act
Almost every Federal bureau is
continually holding hearings an
various phases of the law which it
is supposed to administer. Just now
the Federal Trade Commission is
being besieged by business men and
their attorneys asking for interpre
tations of the Robinson-Patman
Act, which made numerons amend
ments to the Clayton Anti-trust law.
A number of complaints have
been filed with the Commission
charging violation of the Act; some
of these are by chain stores charg
ing independent ones with viola
tion and some of them are the
other way around. Everybody con
cerned is making complimentary re
marks about the courtesy and will
ing cooperation of the personnel of
the F. T. C. in trying to help find
oijt what the new law means and
what may and may not be done
under it.
One week’s schedule of 'hearings
by the F'ederal Trade Commission,
the Interstate Commerce Commis
sion, the National Labor Relations
Board and the Securities Exchange
Commission contains a list of 14
cases regarded as important eno.ugh
to be announced publicly in advance.
Political Slants
Politically, the question of the
moment ta which nobody has the
answer is still as to the effect upon
the Presidential election of the alli
ance between Father Coughlin, the
Rev. Gerald Smith of Louisiana, and
the Townsend group, with the
Lemke Union Party. The impres
sion grows that the third party vote
for the Lemke ticket will be much
greater than anybody anticipated a
month ago, quite possibly large
enough to carry four or five states.
Anyone can start a hot discussion
by suggesting that this exjiected
Lemke vote will cut more deeply
into Mr, Roosevelt’s vote than into
that of Gov, Landon, or vice-versa.
The plain fact is that it has cre
ated a situation which the political
prophets are not equipped as yet
to analyze accurately.
As between the President and his
opponent, the opinion here is still
that no one is justified in laying
heavy odds on either side. Much
will depend .upon the effect upon
the country o f Gov, Landon’s
speeches in the town of his birth.
West Middlesex, Pennsylvania, and
in Chautauqua and Buffalo,
President Roosevelt’s speech at
Chautauqua on international rela
tions is regarded even by his poli
tical opponents as one of the best
addresses he has ever made, reflect
ing Amerca’s genuine intent and
purpose to avoid being entangled in
any forign war.
Three plant generations are nec
essary to fix new hybrids.
Only once has any Japanese rul
er left his country.
HomeDemonstrato
of
Macon County
HIGHLIGHTS OF CLUB
activities
The Stiles-Tellico club has one
largest memberships. Ihe 6*' ‘
number of community meetings
been held in these coramumties,
largest attendance benig UU.
The club at Oak Grove was one
of th.e last to be organized but the
membership 'has grown to be one o
the largest. The 4-H club bo>
and girls have done a good piece o
work. A recreation ground has beei
started, the fireplace being com
pleted.
The average attendance at West s
Aim exceeds that of any other club.
This club was the first one to raise
money for playground .equipment.
The largest number of pressure
cookers has been purchased by the
women of this club.
The women of the lotla club have
taken advantage of the cheese
demonstration and have already
met and made cheese asecondlime,
.Much interest has been taken in
the curb market. This club has
the highest number of sellers on
the market. The 4-H club has
planned to start a recreation ground
and has already gotten the nec
essary rock.
The women of the Cartoogechaye
club are purchasing dairy ther
mometers with a view to making
cheese. One of the first community
meetings was held by this club. A
4-H club is to be organized this
week. The club is to hold a social
meeting this week at the home of
M rs. George Crawford. Watermelon
will be served. The second larg
est number of pressure cookers was
purchased by this club.
The women of Holley Springs
have purchased several pressure
cookers. The men of the com
munity are coojierating with the
BY MRS.
Home Demonstration Agent
4-H club in making a recreation
ground, A fireplace has been built
by the boys and a weiner .roaster
given by the girls. The club gave
a cake walk for the purpose of
raising money for their club rootn^
The meetings of the Highlands
club have been postponed until Sep
tember owing to the busy suminer
season Prior to this time the club
had a very large attendance, A 4-H
club has been organized. Ihe girls
have started on sewing projects.
A club 'has been organized at
Otter Creek. A 4-H club was also
organized, These clubs have held
one meeting. Watch them grow;
Butter was mentioned in writings
dating 2000 years B, C,
Queen Victoria was the first Em
press of India,
Potatoes grown in kquid tanks
have produced 2465 bushels an acre.
STAR
keenii!
ncvii
• made SIKfif
Inventors of tha 7
Star Single-edg,Brfj’jU
^ of precision expsri'
Into their kew .'
I not Bupph ,„7"
^ 88
won, JolmsonjJ
Brooklyn, K.j,
FIT GEM ANB EVER.|
MORTGAGE LOANS
ON NEW HOMES
(Town Property)
TO BE BUILT OR NOT OVER 1 YEAR OLD
Commitments Made on Plans & Specificjii
UNDER F. H. A. GUARANTEE
Carolina Housing & Mortgagi
Corporation
H, E. Garrett, Western North Carolina Represenlaiin
come to Franklin to explain, upon request to—
FRANKLIN HARDWARE CO,
(NO LIFE INSURANCE REQUIRED)
A cheap, poorly refined motor
oil is like an overdressed wres
tler. Such an oil is hampered by
useless waste which should be
removed by further refining
S»ch an oil, like the overdressed
wrestler, can’t do a good job!
Most 25c oils, like this wrestler,
are still somewhat hampered.
Some of the useless waste has
been removed, but not all of it.
No refiner of 25c oils could
afford to carry refining further
than this until Gulf perfected the
Multi-sol process.
GULFLUBE MOTOR Ol^i
this wrestler, t „ yjgle*
tio7i. Stripped O ce
waste by MuUi so^
•—the finest 25c
premium-pnced
lubrication, clea ^
oil consumption ogeP,
-at the Sign of the ^
THE PREMIUM-QUALITY
MOTOR OIL FOR 25^
gulflube
motor o\l
iN
. OR ‘
CANS