THE WEEKLY PILOT
Published every Friday morning
by the Pilot Printing Company.
STACY BREWER, Manager
'II
Entered at the Postoffice at Vass,
N. C., as second-class mail matter
FRIDAY, OCTOBER 27, 1922 ~
FARM
LIFE SCHOOL
The Pilot feels that especial
attention should be called to the
splendid showing made by the
Sandhill Farm Life students in
the judging contest at the State
Fair.
We wonder if the mothers and
fathers in Moore county fully
appreciate the value of this
practical training which the
boys and girls receive at Farm
Life?
TOBACCO
AS A CROP
There is no question that the
tobacco farmers of Moore coun
ty are pleased with the results
of their crop this year. While
the co-operatives are not yet ap
prised of what their tobacco is
to bring those who are selling on
the auction floors and getting
their money at the close of the
sale are in position to under
stand that prices are good, and
that they get a good return for
the summer’s work.
The checks shown by some of
the farmers tell the story in
plain language. Tobacco this
year is a profitable crop. The
men who have farmed carefully
and intelligently will have
money at the end of the season.
This does not mean that every
body should plant a lot of to
bacco next summer, but it is
certainly justification for those
who want to plant tobacco to
plant it in a way that they can
take care of it in the right way
so that they will get the best
return from every acre set, and
the best quality of leaf through
out the field.
Too much of the trouble with
the farmer is failure to proper
ly plant and care for his crop.
Certain farmers in every com
munity can be named who are
sure every season to have good
crops. It is not accident, but
intelligent attention and ener
getic work that is the cause.
Some men do not know how to
farm to the best advantage.
They should learn from their
more expert neighbors or from
the farm demonstrator. But
the main thing is that every
body next summer makes his
crop right and gets the biggest
yield of the best kind of crop
planted. An inferior crop can
nearly always be traced to lack
of proper and intelligent atten
tion.
tention to the restrictions of
law. Too many men go on the
presumption that to violate the
law a little does no harm, aid
the man who observes the law
to the letter is at a disadvantage
compared with the man who is
all the time stretching it.
The league will not specialize
on any grievous infractions of
the law, for such do not arise
very often. But it will attempt
to emphasize a far more honest
and general respect for all law,
which simply means for the
rights of other people under all
conditions. Carrying pistols is
one of the most common infrac
tions of the law, and one that is
winked at by more people than
probably anything else objec
tionable done in Moore county.
But it is excused because the
man who carries one insists that
he does it in self-defense and
that he has no intention of using
it except in case he needs to.
We all know the folly of such a
policy. Equally foolish is the
man who drives his car too fast,
thinking that he can take care
of himself. But that does not
say he can take care of the
slower and more careful driver
he chases off the road frequently
Too frequent are the cases of
moonshining, and too often peo
ple are indifferent to the offense.
None of us stand closely enough
by the law.
It is not to be supposed that
the law and order league will
meddle in personal affairs in the
county, but it will undertake to
awaken a stronger sympathy
with law enforcement, and it
will stand squarely behind the
officers of the law who are
charged with enforcement. The
league will also in its work bring
communities and individuals
more closely together, and in
many ways will broaden the
plane of of rural life, which is
always regrettably narrow. A
campaign for membership will
be undertaken soon, and every
man and woman should be on
the rolls when the general roll
is called. We need much more
cohesion in community affairs,
and here is a good place to begin.
THE LAW AND
ORDER LEAGUE
The law and order league is
rapidly taking shape, and it is
assuming a form that will mean
something to the life of rural
Moore county. The Pilot is not
inclined to think the people of
rural North Carolina are grave
violators of law and order, but
it is a fact that there is far too
much leniency shown to the of
fender who pays but slight at
THE FARMER
AND THE BANKS
It is doubtful if anything on
earth is more misunderstood
than the functions of a bank.
The deferred payments on to
bacco bring the subject perti
nently before this community,
and many persons think the
bank should come freely to the
rescue of the farmer who wants
money because it has not been
paid to him in full on his crop.
A bank is the most helpless
institution carried on by men in
a business way. Its course is
laid down by law, and the min
ute it goes out of that course a
bank examiner is on hand to
tell the cashier what to do. To
understand a bank you must re
member that it is a place where
men, deposit their money, and
that money is there subject to
call. It is not the bank's money,
but the money of the depositors.
The bank loans the money,, per-
sumably to men who will pay it
back promptly at the expiration
of thirty, sixty or ninety days,
as the time may be fixed, and
the bank must be sure the i
money will be paid back the day
it is due. This is essential, for
the bank must arrange its loans
so that money is coming back
every day, so that the depositor
who calls for his money can get
it.
A bank cannot loan much
money on real estate, for while
real estate may be security it is
of little value in paying a thirty-
day note. Money in the vault
not loaned is security, but it is
also there when it is wanted.
Money loaned on good security
may be secure, but security does
not say that it will be back when
it is wanted. So a bank looks
more at the ability of the bor
rower to pay on time than it
does at his security. A man
with a thousand acres of land
may think he has good security
for a loan of a hundred dollars,
but if it is a thirty-day loan it
might take the bank six months
to collect it and a bank could go
broke before it could collect thir
ty day paper in six months to
pay its depositors if they call
for money.
The first duty of a bank is to
make sure the money of its de
positors is safe, and no matter
how much a man wants to bor
row money the bank has no
business to lend it to him if he
cannot pay it back when due.
The bank has mighty little
money of its own to lend: It
lends the money of the deposi
tors, and it must be ready to
give it back to them when they
want it. So the bank examiner
is all the time looking over bank
loans to see that they are of the
kind that can be paid the day
they are due. Much is said
about the money power, and
about the arbitrary customs of
banks, but the money power,
and the only money power in
this country, is the depositor.
Let him draw out his money and
the bank shuts up as tight as
wax. Let him get into his head
the idea that the bank is loan
ing money too freely, or with
out the proper requirements
that it shall be paid back when
due and he will take his money
out immediately. A depositor
wants nothing but money when
he wants it. He is not interest
ed in securities. So the bank
must be ready for him, and the
bank that does not keep its re
sources coming all the time is
bound for the rocks. The money
power is the most powerless
power in this country. It has
to meet every check drawn
against every account carried in
its banks, and meet them when
presented or it is killed right
there. That is why the big
banks of New York prefer the
call loans of the stock market
to other kinds. Those loans may
be called any time without no
tice. A bank with all its money
in call loans can bring in its
money to the last dollar to meet
every dollar of its deposits. It
is the only kind of a bank that
can stand an indefinite run. A
bank with its money tied up in
long loans on real estate, or sim
ilar securities that cannot be
called, could be broken in half an
hour.
The banks of the community
have a highly important work to
do, but they have to serve the
depositors, because it is his
money the banks lend, and he
is the money power of every
town and every state and of the
nation. We hear talk of the
united action of the money pow
er in doing things to the rest of
the people, but if the depositors
of the banks of the United
States wanted to take joint ac
tion they could close every bank
in this country in four hours.
That is the money power.
The people need a much bet
ter idea of the banks, and what
the banks are doing and what
they can do. The banks are a
highly essential agency in the
business of the country; but
they are among the most help
less institutions that exist, for
they are controlled absolutely by
the state and national laws and
by the depositor.
Ripping up the cotton stalks before
frost will send the weevil into winter
quarters early and hungry.
Fifty to one hundred hens on every
farm will afford a cash income that is
not to be despised. A. G. Oliver, poul
try club specialist at Raleigh will
tell you how.
NOMINEirrS & TOMBSTONES
TOMBSTONES
AND
MONUMENTS
For all such, see
H. A. MATTHEWS
VASS, N. C.
Represents ETOWA MARBLE AND
GRANITE WORKS, Atlanta, Ga.
If you are interested in Monu
ments or Tombstones, Write
Rockingham Narble Works
ROCKINGHiVN, N. C.
——See
D. CARL FRY, Carthage, N. C.
A large well selected stock of monuments,
tablets, etc. on hand at all times. Quality, work
and prices guaranteed. Equipped with latest
pneumatic machinery driven bv electricity.
Smith’s Garage
Vass, N. C.
Repairing and Supplies, Oils,
Gasoline, Accessories
.A.uto Service
PREYING CLUB
Dry Cleaning and Pressing
Special Attention Paid to
WORK FOR LADIES
Beasley Building, VASS, N. C.
Barber Shop Entrance.