PAGE SIX
THE FRANKLIN PRESS AND THE
NEXT CONGRESS
HAS HARD TASK
Many Important Decisions
Must Be Made by New
Administration
(Special to the Fress-Maconian)
WASHINGTON. Sept. 9. —Re
gardless of who is elected President
on Nov. 3, and whether the House
of Representatives in the ,new Con
gress has a Republican or a Demo
cratic raajority, some highly im
portant decisions will have to be
made iby the new Administration
and Congress at the very beginning
of things.
Several of the most widely-dis
cussed laws enacted by the 73rd
and 74th Congresses will expire by
limitation early in 1937. The new
7Sth Congress will take office at
noon on January 3. President
Roosevelt’s term, whether he is re
elected or not, will not expire until
noon on January 20th. There will
be a period of 17 days in which,
even if Air. Lamdon should be elect
ed President, with a Republican
House of Re])resentativ‘es, Congress
will be in session but Mr. Roose
velt will still be President.
Congress Must Act
Either in that period or in the
ten days following the inauguration,
the Congress will have to decide
whether or not it will withdraw the
authority which the 73rd Congress
granted to the President in May,
1933, to devalue the dollar; for that
authority expires by limitation on
January 30th next. Under this au
thority, the President, by proclama
tion, reduces the gold content of
the dollar by a shade over 40 per
cent; under the law he could have
reduced it as much as one-half.
Since 'early 1933, therefore, all of
the Federal Government’s financial
operation.? and, naturally, all bank
ing and business transactions and
calculations, have been in terms of
a lower value dollar.
Whatever Congress might do,
either in extending or withdrawing
the authority of the President to
lower the gold value of the dollar
still further, or to increase it,
would in itself have little effect.
'J'he dollars themselves issued under
Presidential proclamation would still
be dollars, and obligations incurred
in terms of such dollars would call
for payment in whatever values
might be called dollars.
There is a likelihood if the Re
publicans should be victorious in
November, that the new Co.ngress
would vote promptly to withdraw
this and other powers which its
])redecessors granted to the Execu
tive, as a matter of party principle,
without necessarily in any way nul
lifying any of the acts which the
President has performed under
them.
Silver and Papei' Money
,In the same Act which authorized
the devaluation of the gold dollar
—the Thomas Amendment to the
Agricultural Adjustment Act—the
I’resident was also authorized to re-
s.ume the free and unlimited coin
age of silver dollars and to fix the
relative value of such silver coin
age and the gold dollar in his sole
discretion.
The President was also authoriz
ed to issue up to three thousand
million dollars of paper money bas
ed on government credit without
any metallic reserve behind it. He
has not exercised that power of
currency inflation, and 'has not done
nearly as much to rehabilitate silv
er as the ardent silverites wished.
Those monetary matters are, in
many aspects, highly controversial
stuff, and the new Congress might
easily get into a jam over the
qu'cstion of whether it should pro
ceed to fix the value of the coin
age, or continue to. leave it to the
President, or do nothing about it—
in which case the present Presi
dential authority over these things
would expire iby time limitation, and
Congress could leave the money
situation “as is” for later considera
tion and turn to other matters.
Tax Revision Due
There are several excise taxes
now on the statute books, yielding
about $300,000,000 a year in reve
nue, which run only to June 30,
1937. What will the new Congress
do about renewing them or replac
ing them with some other kind of
taxes to produce new revenue ?
Any consideration of the tax
question might open the door to a
general overhauling of the whole
Hurling Sens^on
1
CLEVELAND . . . i7-year-old
Bob Feller, Iowa farm boy, is the
newest baseball pitching sensa
tion in the American League. In
his major league debut he struck
out 15 Stlooey Browns, allowed
only 6 hits and one run, to win
for Cleveland. He stands 6 feet
and weighs 175 pounds. “The
speediest since Walt Johnson,”
say experts.
system of Federal taxation. And
here lies an opportunity for leader
ship to the one willing and able to
seize it, in the .necessity for plan
ning and putting into effect a logic
al system of Federal taxation.
Another important law which will
expire by limitation early in the
next Administration is the Trade
Agreements Act, giving authority to
the President to enter into recipro
cal trade agreements with foreign
nations and to raise or lower tar
iff duties by as much as 50 per
cent. This power automatically ends
on June 12, 1937.
Whether the alternative will be
to throw the whole tariff question
open for long-drawn-out debates
and logrolling in Congress rerriains
to be seen.
Busy Sestei’on Promised
The Reconstruction Finance Cor
poration, established under the
Hoover administration, has a lease
of life only until February 1. One
of the first things the new Con
gress must do will be to decide
whether to keep it alive or to kill
it.
New funds must be voted before
March 31 if the Civilian Conserva
tion Corps is to continue. By May
1 the new Congress will have to
decide what it wants to do about
the Neutrality law which expires on
that date. The “Hot Oil” law comes
to an end in June, and so do sever
al other of the 'emergency laws of
the past three years.
Whichever party elects its Presi
dential candidate and puts a ma
jority into the House of Repres'en-
tatives, the Senate of the 75th Con
gress will have a Democratic ma
jority for the next two years, at
any rate. But regardless of which
party is in control, the boys on
Capitol Hill are going to have
plenty to do from the day they
start, January 3, 1937.
CHECK ON TRIGGER ONGERS
lluck ^vheii Ihey
trigger finger ^ec
siffht canvas-bacK ana ^
ducks. New Feaerar
waterfowl hunting have addca
ducks and the Atlantic br,an to
list of migratory waterfowl v^h.cU
cannot be killed legally at any tme.
The United States Biological bu
vey say, these birds have suffered
severe setbacks in recent ^
are too few in numbers to be hunt
ed this season.
Good Breeding
A man’s good breeding is t e
best security against another mans
bad manners.
highlands MACONIAN
legal advertising
LEGAL advertising
NOTICE OF SUMMONS
IN THE SUPERIOR COURT
BEFORE THE CLERK
North Garolina
Macon County
James Tallent; Cora Rickman and
husband. Will Rickman; Bessie
Queen and husband, Wesley Queen;
Esta Swafford ,and husband, Jess
Swafford; Anna.Meddows and hus
band, Marshall Meddows; Minnie
Trevett and husband, Charles Tre-
vett; Carl Tallent and wife, Betty
Tallent; Glen Tallent and wife,
Lucy Tallent; Grover Tallent and
wife, Mary Evelys Tallent; Mattie
Tallent; Mrs. Laura Bryson and
husband. Doc Bryson; John Wildsand
wife, Mrs. John Wilds; Mrs. James
^lerrit and husband, James Merrit;
^Irs. Henry Gilespie and husband,
Henry (iikspie; Bronce Ray and
wife, Ray; Airs. Clyde Led
ford and husband, Clyde Ledford;
Hilton Ray and wife, Ray;
Mattie Wilds; Airs. James C. Bail
ey; Mrs. Frank Jarrett and hus
band, Frank Jarrett; Mrs. Kathleen
Huntley and hu.s'band,
Huntley; Mrs. Dorothy Dysant and
husband, Dysant; George
Franks and wife, Rutk Franks;
Mrs. Margie Flint and husband,
Frank Flint; Jaunita Phillips and
husband, Ray N. Phillips. !Mrs. May
Nolan and husband, Emmett E.
Nolan; Minnie Powers; Mattie Hig
don and husband, Mack Higdon;
Jessie M.urray and husband, George
W. Murray; J,. D. Franks and wife,
Fannie Mae Franks; Mack Franks
and wife, Franks; Mattie
Will Byrne and husband, Cecil
Byrne; Inez Roszell and husband,
Lee Roszell; Mrs. Ida Conley; Mrs,
Joel Gibson and husband, Joel Gib
son; Mrs. Maggie Campbell and
husband, Campbell; J. A.
Franks and wife, Franks;
G, D, Franks and wife,
Franks; Airs, C, H. Case and hus
band, C, H. Case; Thomas Franks
and wife, Franks; Mrs.
Hilda Furgeson and husband, Alex
Furgeson; Lida Byrne .and husband,
Dr. L. H, Byrne; Mrs. Qra S.
Hobbs and husband, Isham D.
Hobbs
vs
Mrs. Elizabeth Collins Dragoo and
husband, Dragoo; May
Collins Lowe and husband, ^
Lowe; Elmer Lee Collins and wife,
Collins; James Franks Col
lins and wife, Collins; C
W. Collins and wife, - Col
lins ; J. R. Collins and wife
Farm Income Advances
To $735,000,000 in July
A new high total in farm income
for the recovery period was re
ported by the bureau of agricultur
al economics at Washington.
Farmers’ cash income from the
sale of products in July was $711,-
000,000—the highest figure since
1929. Income from sales in July
this year was $582,000,000, a,n4 jn
July a year ago it was $451,000,000,
Farmers received in addition $24,-
000,000 in government rental and
benefit payments in July, compared
with $57,000,000 in June, and with
$19,000,000 in July last year.
The total income from marketings
and benefit payments during the
first seven months of this year
was $4,024,000,000—the highest for
the recovery period. In the cor
responding period of 1935 the total
was $3,426,000,000.
Of the seven months’ total this
year, marketings yielded $3,831,-
000,000—the highest for any corre
sponding period since 1930, Market
ings in the same period of 1935
yielded $3,121,000,000.
The bureau attributed the sharp
increase in cash income in July as
compared with June this year, and
with July 1935, chiefly to a marked
gain in incpme from grains, espe
cially wheat.
Collins; Ralph C. Pulliam and wife,
Pulliam; Alvin K, Pulliam
and wjfg, Pulliam; Mrs
Ruth Owen.s a#}d husband,
Owens; Helen Frajiks;' kathenne
h ranks Henry and husband, Frank
L Henry, Jr.; Margaret Fmnks;
f w-u AAr ifunknown heirs
of Will Wilds, deceased; unknown
heirs of M. E. Henry, deceased; R
S. Jones Administrator Sam L
Fraiiks deceased; G. A, Mash.burn;
Bank,, of Franklin; Junaluska Lodge •
Joines Motor & Tractor Co I„c ^
Wge Patton, John E Rickman!
Mis. S. H, Lyle, Sr.; Mrs. Ida
Crewes; Old Dominion Peanut
Lee Collins and wife
lins; James Franks
wife, . _ Collins
uns and wife, —
R. Collins and wife -
Ralph C Pulliam and wife,
Pulliam; Alvin K Pnli;-
wife, am and
Owens and husband o
‘ Uwens;
Elnjer
Col-
Collijis and
C. W, Col-
• Collins; J,
Colli
Old Dominion Peanrit r t
Cereal Co.; Mar.^In ‘
known heirs of Wil[^Wil^*’ T'
ceased, and unknown hdrs of aT
E. Henry, deceHcp.l r, M.
«.a. a. i.io"2,ed" s'l' "l!"
been commenced in c
f which il. E. Henry died seized,
ll possessed, in Macon County,
North Carolina, for division aniOTg
u heirs or claimants under her
ill' and said defendants will furth-
^’'tkkrlotice that they are requn-
ed to appear at the office of the
Clerk of the Superior Court of
Macon County, in the courthouse m
Franklin, North Carolina, on the
8th day of October, 1936, and ans-
;!er or (lemur to the comp am in
said action; three copi-es of which
toe been filed with s.aid clerk, or
?i!e plaintiff will apply to the cour
isr the relief demanded in said
' day of September, 1936,
HARLEY R. CABE,
Clerk Superior Court,
Macon County, North
Carolina.
SIO—RDS—01
NOTICE OF SALE
North Carolina,
Maoon County.
WHEREAS, W. L. Higdon and
his wife, Mary Higdon, did on
February 1, 1932, execute to Thopi^
as J. Johnston, as TrusJ,ee, for T.
B. Higdon, a certain deed of trust,
the same being recorded in Deed
Book 32 at page 370 of Macon
County Records, and w'hereas, the
said Thomas J. Johnston, Trustee
as aforesaid, has died and the und
ersigned as his surviving widow, has
been duly appointed and has qual
ified as his administratrix, and
whereas, default has been made in
the payment of the indebtedness
secured by said deed of trust and
in the conditions therein contained,
and demand was made on the und
ersigned by T. B. Higdon to sell
the property therein described; and
whereas, after due advertisement,
sale of said property was had on
August 3, 1936, at the court house
door in Franklin, ai which sale said
property was bid off for the sum
of $250D0 by T. B. Higdon; and
whereas, said bid has been raised
by the amount of ten per cent
there®f by H. L. Bryant and an
order of re-sale has been issued by
the Clerk of the Superior Court:
NOW THEREFORE, I, the -und
ersigned as administratrix of T. J.
Johnston and successor trustee in
said deed of trust, will sell on
Alo,nday, September 14, 1936, at the
Court House door in the Town of
Franklin, at or about 3 :tX) o’clock,
P. M., to the highest bidder for
cash, the following described prop
erty:
BEGINNING at a point on the
north side of East Main Street,
in the lown of Franklin, at the
southeast corner of the lot de
scribed in a deed from J. A. Porter
to H. G, Robertson and ,now oc-
c^ied by F, H, Higdon, and ;*un-
Thursday, i
legal advert,:
mng thence east
side of Main Strt? ^
feet, more or less ,
west corner of
res,idence lot: H
more,
the line of said ?o[
(20) degrees west five?'
forty (540) feet to a
running with the Ed f
south seventy (yn-, j
seventy (70) feet
a stake; thenct
twenty (20) degree, '
six (76) feet tV^ J,
running south seventv '
west twelve (12)
the line of said H G
lot; thence running
of said lot south twent,
grees east four hundrd '
(468) feet to the 2
rung. -
Terms of sale are casU
posit of ten per cent (ir
amount of the bid J
quired as evidence „f .
Sale will be made sZ,
hen of outstanding tax«
This-, the 28th day of A,a,
MRS. ETHEL D, 3
AlministratrL,j
Johnston, andj,
Trustee,
S3—2tc—TBH-SIO
EXECUTOR’S NOTl(
Having qualified as extti
Raleigh L. Corbin, deceii
of Macon county, N, C |
notify all persons hav'ii.'
against the estate of said"
to exhibit them to the
on or before the lltbdayol
1937, or this notice willl
in bar of their recovct)-
sons indebted to said si
please make immediate st
This 11th day of hm
]: H, STOCKTO'
GEO, E,
Executors,
A13-6tc—S17
ADMINISTRATOR’S Ni
State of North Carolinj
Cotuinty of Macon
Having qualified as Ada
of the Estate of j, H, I
ceased, late of Mam
North' Carolina,'this is I
all persons having claiui
the Estate of said decw
hibit the same to the «ni
at Franklin, North Carolii
before the 14tk day ol
1937, or this notice will h
in bar of their recovery,
All persons indebted
Estate will please make i
payment.
This the 12th day of Aui
CECIL LOVE, Adit
of the Estate of J.
Love, Deceased,
A13—6tp—SI?'
Court of
*^he Supi
erior
For
thian
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> Week end trip-_or a long drive, there is no4i»5
of our nearly new USED CARS. New Car P«
»nce at USED CAR Prices. Easy Terms.
1934 Oldstaobile CoaA 2'
$425 000 miles
ch®
1934 Plymouth Coach, A-1
condition
1930 Ford Tou:
FioM
1934 Ford y-8 Tmck
$160
tires
neMT
spoil
$45g
1927 Dodge Coupe,
transportation
1934 Chevro|let To^n Se*
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99 pjit is thp lime to come in for repairs-
Let US Care for YOUR Car
Try and you will BUY the
CHEVROLET
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BURRELL
Motor Co.
Phone 123 Franklin, N. C.