Newspapers / The Pilot (Southern Pines, … / Dec. 22, 1922, edition 1 / Page 4
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THE WEEKLY PILOT Published every Friday morning by the Pilot Printing Company. STACY BREWER, Manager Entered at the Postoffice at Vass, N. C., as second-class mail matter FRIDAY, DECEMBER 22, 1922 A SUCCESSFUL HOME CONCERN The Blue Fertilizer factory at Aberdeen announces that it has secured the order for the fer tilizer that will be used by the Sandhill Fruit Growers* Associ ation in 1923. There is no rea son in the world why this should have been otherwise, for the Blue company has had remarka ble success in the crop records made by its products. Right from the beginning the farmers commenced to get such satisfac tory crops that the company was able to announce its fertilizer as the one that made the crops that made the records, and it had so many records that a quick creation of confidence in its goods was the story it had to tell. With this is its brief history it was natural to expect that the Blue Fertilizer Company would have a strong argument to offer when the day came to contract for the fertilizers for 1923, and with the local concern offering a quality of material that has an established record even though the career of the company has been short it was logical that the order should remain in the county. NEXT YEAR LOOKS MORE PROSPEROUS All the signs from the indus trial centers points to a good year in 1923. The iron and steel trade is picking up, which is usually looked on as the best sign of business conditions, and the orders on the books for the coming year aire satisfactory. The one note that is heard now is the shortage likely to be en countered in the ordinary labor supply. Textiles are in better condition than for a long time, and while not running, at any exciting speed the mills are fair ly busy with a call for their pro duct. The expectation of mill men is that the yarn and spin ning mills will be busy from now on, may not be at a rush stage, but nevertheless making about as full time as the hands care to see. Prices are holding their own and strengthening a little from time to time, but no sign of much inflation appears visi ble any more. Conditions are getting on a firm basis rather than on a high level, which is much better. The high level is too uncertain, and a firm basis on a lower level permits operator and hands both to figure on the future. The coming year looks good. forgotten that the matter is one that is just as broad as it is long. We have just come thru a period when the state and the counties could not sell their bonds because the law limits the rate of interest, and inves tors would not buy them be cause at the rate permitted, and even though the securities were free of tax, they did not bring as good return as other invest ments even after paying the tax on the others. When war was on the government wanted to sell bonds. It made them tax free to induce people to buy the bonds, and the people re sponded to the tune of billions of dollars. Now if those securi ties had been taxable the peo ple would not have taken them in such quantities lexcept at a higher rate of. interest. The government would have had to pay higher interest, and the tax collected would simply offset a higher interest. Governor Morrison cautions about an ef fort to make state and county securities subject to taxes on those that have been issued, as it would validate the legality of the securities, and the holders would probably foreclose unless the state or county paid the tax. On public securities the taxes are remitted in order to get a lower interest rate and because they are free from tax is the only reason a lower rate of in terest can be made. It is a mistake to think the tax free securities are held by the rich. They are held by small holders as largely as by big hold ers, and by insurance companies, savings banks and institutions of that sort in hundreds of mil lions. Those institutions are the safeguard of the people of limit ed means, and it is their savings that carry the bonds at low in terest and tax free. Moore coun ty had trouble to sell its bonds as they were issued. Were they taxable the interest rate would have to be higher, and it is a simple proposition that if we tax the bonds we will have to pay higher interest to provide the money for the bondholder to pay the tax with. Possibly if we taxed securities of the county and state and nation not so many bonds would be issued, and that way might be a good thing. Or it might not. But the borrower of money pays the interest and he pays enough to cover taxes and all other costs, and he cannot make it different, for the borrower does not have to lend. TAX FREE SECURITIES It is possible the state legis lature will take some action on the tax free securities that are issued in such large amounts of late. The complaint against such securities is loud and gen eral. However, it must not be THE COTTON PROSPECT The cotton famine that has been talked about begins to look like a reality in a year or so. It is thought that the crop of 1922 will not exceed ten million bales, and the reports from the spin ners is to the effect that Ameri can mills will use three-quarters of that amount of cotton. Should such a thing transpire it would leave only a surplus for export of 2,500,000 bales, which either indicates a decided shortage for Europe and the rest of the out side world, or a gravely disas trous condition of business in those countries through inabili ty to use such an amount of cotton. But while Europe is in bad shape, especially Germany, France and England are recov ering, and it is ^apparent that more than two and a half mil lion bales will be needed abroad this year. With the advent of the boll weevil in Moore county cotton will be a little more difficult to make, but it must be made or the world goes naked and the textile industry suffers. Cotton is not wiped out by the weevil. No other insect has ever yet stopped mjin from carrying on his industries, even though a fight has been necessary at times. Cotton will continue to be a crop in this county, and the farmers might as well arrange for their coming season’s work in that direction. Early plant ing of early maturing cotton with generous fertilizing with nitrogen will make cotton before the weevil gets big enough to do a great deal of harm. The restricted crop will bring a bet ter price, and cotton is apt to be a more profitable crop this com ing year than it has been for a long time. Possibly it will be more profitable than cotton has ever been. It will require more attention but that is no great misfortune, for it is well enough known that the custom of planting much of the cotton has been one of too little intelligent attention and work, and too much trusting to blind luck and indifference. It is a pretty good plan for the cotton'man to get in touch with his county demonstration agent, and with the more successful farmers of his community and study his farm and his crop, and plant an acreage that he can take care of right. By follow ing such a course he can make some money on cotton, and have ground for planting other things which is a good plan any time. But a cotton crop is a necessity in this country, or disaster will overtake the whole world, our selves included. MY CHRISTMAS DAY SOME HOG A gentleman from Upper Hoke told The Pilot Tuesday that Mr. Whorton Seagroves killed a hog last Monday that was three and a half years old and weighed 80 pounds. By Helen Mar D'Auby There is a Christmas time I knew Within the long ago, O^er which ^e fleeting years have passed. And. drifted deep their snow. All fresh it lies within my heart, A spot of living green, Undimmed by sorrows bitter tide, Or strife that come between. Like violet buds, enwreathed in green, When snow drifts melt away; The joyous memories buried there, Lift up their heads today. And like the fragrance, purple dyed, That breathes above the place, So haloes all those far-off days. My mother’s tender face. O, patient heart, and busy hand. How small the rest they know Within that palace of my heart, . That home of long ago. So low its roof, so small the space Of its sun-lighted floor , It scarce could cover those we had Or hold one daring more. A merry, romping, noisy brood, As gay as birds or bees, That sing and hum the livelong day. Among the flowers and trees. 0, anxious, widowed, mother heart. With double weight to bear, How little did your children know Of want, or strife, or care. What triumph more sublime than yours. Above the arts of fate? What heroe’s nobler fame is scrolled In letters, war, or state? Can I forget those stockings, filled From top to bulging toe. By mother hands, at Christmas time. Within the long ago? The little mittens, apple red Of yarn she’d spun, and dyed. The dollies, cut from sweetened dough. With spice filled eyes, and fried. With nuts and goodies, packed in close, And maple sugar, run In moulds, with scalloped edges, laid To top out every one. Dear struggling, anxious, patient heart, Would that I, as then. Might look into your loving eyes. And greet you once again. For only years can teach the child, A mother’s love to know. And could I catch your listening ear, I straight would tell you so. And you with old-time tender smile. Forgetting self, would say, **Run quickly, dear, the children call, This is their Christmas day.” Bring us your job work. LAKEVIEW STORE COMPANY Feed The Place where QUALITY Cannot be Beaten We carry the famous CHECKERBOARD and the BALANCE of the LAKEVIEW MILLS with a Guarantee on Every Bag. FANCY GROCERIES, FRUITS AND VEGETABLES A fresh stock on hand at all times Building Supplies Lime, Cement, Brick, Extra Clear Cedar Shingles, etc. ABRUZZI RYE and FULGUM TURF OATS LAKEVIEW STORE COMPANY LAKEVIEW, N. C. SEED PBBSONAIiS and BRIl W D. Smith made a tr Vavetteville last Friday. ^ -Sv W T. Cox was m Sou on Tuesday of this week w. H. Keith was m Sa Thomas went to , t on Wednesday of this week. Mrs Vaughn Byrd was a visi , one day this week. ' ®^Mr Marshall Thompson, of Mi = in Vass last Saturday. Mr J A. Overton of c vinffs was ni Vass, Tuesday! S? Hector Smith, of was in town Wednesday. W. B. Graham and oxford spent Tuesday in Rale arrived Tuesday tv. his mother, Mrs. H. A. N. M. Smith and students at State plleg« * are home for the holida\ Mildred Thomas is he u“t«1iHavs after attending CoUege. Maxton * Mfss Maizie Hast and Mr. Pa nei spent Sunday with frie^ '^°Mfsses° Lois Sanford and TT are at home from Loi CnUeee for the Christmas holl Jewell Edwards arrivee .efdav from Guilford College S !?r^r1tfrine the Christmas se ''"Mr and Mrs. Oris Seagro;^ daughter. Vir?in«. f Raleig the week-end m ^ass. taffor a vTsil*toter parents *®Mrs. M. A. week from an extended _ ^ ®‘'htTr'‘Vrr’f!TMoffij her daughter, Mrs. Miss Jessie Brooks arrivec day from Meredith College t< thi holidays with her moth^ Geo. W. Brooks. Mr. and Mrs. .Roy A. Pea] today for near Roxboro, whc vfi\\ spend the holidays wi1 people. I Mr. Guy H. Simeon, man| the Co-operative Tobacco will spend the holidays with ily in Madison. Mr. Laws, of the office foro Co-operative Tobacco War^ot leaves for his home near Kox day. Mrs. Carl Cashion and littl< ter, Dorothy Bynum, are sp< while with Mrs. Cashion s Mrs. J. R. Thomas. The Co-operative Tobacco closed here on Wednesday holidays, and will re-open o] / ary 3rd. Mrs. Archie McNeill and soi left Tuesday for Baltimor< Mrs. McNeill will take treal John Hopkins Hospital. The Christmas exercise the children of the Presbyterl day school will be given at tj byterian church on Saturday] at 7 o’clock. Mrs. Seth W. Lassiter and Margaret, of Smithfield, and lie Auer and daughter, Texas, are at the home of Mrs. G. S. Edwards for tm mas holidays. See J. H. Oldham fori oranges, raisins and candies] right. . VASS PRESSING 0 DryCleaning-rtPn I Special Attention Paj WORK FOR L. Beasley Building* VASi Barber Shop Entri
The Pilot (Southern Pines, N.C.)
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Dec. 22, 1922, edition 1
4
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