Page Tw’o THE PILOT. Southern IMnos And Ab«rdeen. North Carolina Friday, October 21, 1938, THE PILOT Published each Friday by THE PILOT, IncorjM)ratcd, Southern Pines, N. C. NELSON C. UVDE Editor JKAN r KUSON News Kditor CHARLES MACAl LEY DAN S. RA\ Advertidinje Circulation B«lrn K. Butler. n»«»ir ramiTun Smith. H. L. b'ppa. AHMociates THE POCKETBOOK KNOWLEDGE nmttantwtmtwtHiwHimwmmwwmamn Member Woodyaril Associates Subscription Kates: | One Year $2.00 i Bix Months $1.0C j Three Months -50 Etatered at the Postoffice at South ern Pines, N. C., as second class mail matter. A WELCOME TO OI R B. & L. GUESTS | Aberdeen and the Sandhills j w-11, on Monday, have the pleas- j group (’f men and women who; ure and honor of entertaining ^ I have meant much to this sec-1 tion of the state in the advance ment of home life and the stim- ■^lation of safe investlDent. The Fifth District Building and Loan League of North Caro- linrt convenes here, bringing some 150 persons from the counties ‘round about us. And bringing with them some distin guished citizens of the state who will address the group. More than a century ago, in 1931, a little group of Pennsylvanian vil lagers laid the foundation for one of the most important financial sys tems in the Nation today. These cit izens of the village of Frankfort, which is now part of Philadelphia, organized the first mutual co-opera tive building and loan association- From this small begininng has grown j the year one of the strongest and oldest co operative businesses in this country. These building and loan associations, later also called savings an.l loan associations, to emphasize the ‘sav ings’ feature, were not organized in North Carolina until 1881 when the Mutual Building and Loan Associa tion of Charlotte w-as started. Recent research indicates that building and WORKING EARNIN6 mamo-made spetmh THE OllEF INSRePtENT OF A ROPWAR • KeimKEK U$EP IN COLONIAL TIME> yjAi •nie iuice of bakcp PORK AND BSANff IF ^PE 9i HANP IN^TEAP OF AWPFRNVwCHINERy A TyPfWRneR, WOULP COfT A THOUiANO DQUAftS / ALAfiM ‘fHeW ARH , APPROX WVATELV 2,%00 SPECIE4 OF $NAKE4 in the VyORLD.,.^ 250 OF WaiCHAKE ■ POISONOUf.^ FRENCri - EQUATDRtAl AFRICA. *BFAUT)FY* ' TWeM«lVE> 9Y ^TRFTCHINfi TVEIR UPS TO SUCH OTOIt^ ^llE» IVlAT t«e/ PRCfTRUOe FROM 6 ro to f/tOH ruEiR fAce$t . , «>• — -» m A. t Southern Pines Country Club / Announces Grains of Sand Latest “Best Sellers” 'ji Now at S. P. Library I: *• ;:: New Books of Fiction, Non-Fic-' H tion. Mystery and .luvenile j I: Announced ! :l The oft quoted “Irony of Fate” wa^ exemplified in Southern Pines dur. ing Fire Prevention Week with three fires following an almost clean slate} The following books have been ad-1 |j tor the preceeding nine months of ded to the shelves of the Southern j || Pines Library during the past two j B months: if; The State magazine, of which Carl Fiction: “The World Is Mine ” The Goerch is editor, has an attractive story of a modern Court of Monte Aberdeen section this week, with ar. | cristo. Cristobal Pinzon. Clemence tides by Talbot John.son, Nelson C. Dane. “The Moon is Feminine.” Real- Hyde and others. The cover shows ism and fancy combine in this tale GOOD PRICES P.4ID FOR TOB.\CCO IN C.4RTHAGE the doorway of the John Blue home, I of an English romance of 1803. “one of the few remaining outstand- daphne du Maurier, “Rebecca.” Story mgly beautiful Colonial homes in the „f a dominant personality. Esther Sandhills.” There are also photo- ] p„,bes, -The General's Lady.” A dra. loan associations were in existence j Staphs of the business section, the rnatic novel of Revolutionary days in previous to the year 1881 which is j Page Memorial Church, and Mayor England. Laura Krey, “And Tell! {j usually given as the date of the first , Frank Shamburger. i Time.” A family from Georgia j || organization of a building and loan moves to Texas in 1865. to build a' association. I Last week’s Saturday Evening Post new America. This is the story of Even though savings building and! ^ Southern Pines num- the turbulent years that followed, loan associations in North Qarolina | J**" serial «tory, Allen Tate, “The Fathers.” The had a comparatively late start, they I featured a steeplechase | theme is loyalty versus individualism; have been fortunate in receiving the | Sanborn, with the scene is the South in the 1850's. benefit of the years of experience of ■ Howard Spring, “My Son, My Son.” home financing institutions in other j Fifty years in the lives of two fath- states. The record of building, sav- j Congratulations to Mr. and Mrs. J, ers. ings and loan associations in North j Talbot Johnson of Aberdeen on their Mysteries—Erie Stanley Gardner, Carolina is outstanding among all the ! 25th wedding anniversary today. "The Caae of the Shoplifter’s Shoe.” associations in the country. There have been comparatively few failures n North Carolna and the losses by shareholders have been negligible. This wonderful record has been due, among other things, to the conserva tive management, the short term loan, and to the advantages which North Carolina has had, such as com paratively better business conditions, less severity of depression, and a better system of mortgage foreclos- use than prevails in most states. There are in the Tar Heel S^ate 177 mutual thrift and home financing in stitutions of which 14 are chartered under the Federal government and are called Federal Savings and Loan Associations. These 177 institutions have over $75,000,000 in assets. Al most every community which has over 3,000 population hw one err more of these mutual home financing institutions. The above figures are not large when compared with the total of 10,000 savings, building and loan associations doing business In the United States (inclu.'^ir.g Hawaii) representing $6,000,000,000 in total assets. The Pilot joins with the peo ple cf Mowe county in extend ing a cordial welcome to repre sentatives of a business which has meant so much to the state and nation. FARMERS HERE TAXED 26% OF CASH INCOME The tax burden of the aver age North Carolina farmer hM reached a point at which it equals 26 percent of his farm’s cash income, according to re sults of a survey by the National Consumers Tax Commission. The average income of each of North Carolina's 300,967 far mers is $17.27 weekly, from which his burden of taxes—di rect and hidden—d**ains $4.53, the report states. ^ • Results of the survey were made p«blic by Mrs, Rufus L. Allen, Waynesville, North Caro lina’s representative on the com mission’s national committee. “In enly 13 states of the 48 the Opening of the New Grass Greens on the Number 1 Course SUNDAY, OCTOBER 30 Daily Rates—$1.50 Also Attractive Seasonal and Weekly Rates Try your g'ame on these new greens Now Open The Grill of under the Management Mrs. A. E. Murphy of The Avalon, Virginia Beach for Teas, Dinners, Dances For Reservations Telephone Southern Pines 5551 BAKER’S FOOD STORE It u Another Perry Mason mystery. Mi- The air corps boys who have been chael Innes, “Lament for a Maker.” making Knollwood Field their head- Story of horror and doom in the cas. quarters for several weeks, left this tie of Glen Erchany. Inez Haynes week saying they had a fine time in Irwin, "A Body Rolled Downstairs.” the Sandhills and hope they can come Murder strikes a leading socialite in back. a conservative New England town Non-Fiction—A. Frederick Collins, “Amateur Photographer’s Handbook” Simple, complete guide for beginners. Margaret Halsey, “With Malice To- Figures released by tke Crop Re. ward Some.” Humorous story of the porting Service of the State-Federal six months an American professor’s Departments of Agriculture shows, wife spends in England. Dr. Arthur j the two Carthage tobacco warehouses E. Hertzler, "The Horse and Buggj' to have sold 1,254,546 pounds of to-1 Doctor.” Kind of book Will Rogers j bacco during September at an aver-1 would have written had he been a i age price of $22-82. The State average doctor. Thomas Mann, “The Com- during September was $21.74 a hun. i ing Victory of Democracy.” Lectures dred. 1 deliwed by Thomas Mann in Amer- — I ican in 1938. Bertrand Russell, “Pow. j RUMMAGE SALE | er." Power in the affairs of men by j There will be a Rummage Sale a foremost philosopher. Dorothy Saturday, October 22nd at the Amer. | Thompson, “Political Guide.” Diction- ican Legion Hut on Maine avenue, ary of liberal politics. Virgina Woolf, Southern Pines, opening at 9:00 a. “Three Guineas." Discussion of wo- m. I iTMin’s place in the world today. — j Juvenile—Charles F. Binns, “The do farmers pay out a higher i Craft.” Bought for the DIAL 5681 ^Everything Good to Eat SOUTHERN PINES, N. C. DIAL 5681 If Delivery Service Any Hour from 6:00 O’Clock in the Morning to 7:00 in the evening. The prices listed below are Specials, Good for this Week and all Next Week. They Are Cash Prices. A-Grade Milk Qt.—14c Pure Lard 4 Lb. Bucket 49c Prince Albert Tobacco, Can—10c percentage of their farm income in taxes,” Mrs. Allen said. “Taxes in the United States as whole have increaised until they equal 23.6 percent of the entire national incoine. The greater percentage of these are hidden taxes, concealed in the purchase price of practically every com modity. They penalize the far mer as well as the urban con sumer, and rob both of a full return on each dollar spent. Units of the National Consum ers Tax Commission, whose headquarters are in Chicago, are springing up in community after community throughout the country, Mrs. Allen said. The commission is pledged to com bat all taxes which penalize the consumer, she explained. An or ganization of aroused house wives, its purpose is “to aid the average homemaker and con sumer in protecting his stand ard of living which is now ser iously menaced by this continu ous drain on his resources,” she concluded. Brownie Pack of Southern Pines. Ag nes D. Hewes, “Spice and the Dev. U'b Cavck" Story of adventure In the days of Magellan. The library also has a copy of •‘A Southerner Discovers the South,’’ by Jonathan Daniels. “Fanny Kem ble: A Passionate Victorian,” by Mar. garet Annstrong, has been ordered. The library received the following gifts during the past two months: “Dan Barry’s Daughter,” by Max Brand; ‘‘House of the Two Green Byes,” by Stephen Chalmers; "Along Life’s Way,” by Arthur Miller; “Mur. der in the Air,” by Darwin L. TeiUiet; “Was it Murder?” by Glen Trevor; and “Who’s Who In America, 1936- 1937." BENEFIT BRnKH: PARTY The Junior Auxiliary of the Episco. pal Church will give a bridge party Thursday evening, October 27th at S:15 o’clock at the Southern Pines Country Club. Hck^ts are 60c per perso,’]. Make up yotir table and phonft Mrs. Roy Grinnell for reaeri'a- tions. AT TOM’S MEAT COUNTER Pork Chops, lb 21e Pig Liver, lb 15c Bacon, Palace Brand, Vi lb. pkg 14c All Pork Sausage, lb 19c Skinless Franks, Ib. 17 Vi^ Hamburger Steak, lb 14c Smoke Sausage, lb 17c Pot Roast Steer Beef, lb 18c Rib Stew Beef, lb. 10c Fat Backs, nice and thick, lb 9c Virginia Oysfters, extra medium: Qts 49c Pints 25c Round Steak, lb 25c GROCERY SAVINGS No. 1 Potatoes, 10 lb. Bag 19c Calo Dog Food, 4 cans 29c Beechnut Oven-Baked Beans, 3 cans 29c 0. K. Soap. Large size, 3 for 10c Laundry Starch, 5c size, 3 for 10c Lighthouse Cleanser, 5c size, 3 for ...,10c Sunshine Peaches, No. 2 1-2 Large can, .... 2 cans 25c Miller’s Com Flakes, box 5c Sun-Sip Orange or Grapefruit Jnlce, 3 cans for 23c English Peas, No. 2 Can 5c Grecfi Giant Peas, per can 15c 12 Cans for $1.75 Betty-Lou Towels, roll 5c SOAP BLISS COFFEE PREMIUM Odds and Ends Extra Special CRACKERS 3 for 5c 1 lb. Can—19c 1 lb. box—14c WILSON’S Clear Brook Butter, lb. 29c Certified Sliced Bacon, 1 lb. boxes .—34c Certified (Tender-made) Hams, half or whole, lb.. ..25c SHIP STUFF 100-lb. Bagr $1.59 Table Meal, 10 lbs. 19c Hog Feed, Our Mix, 40 lb. Bag -65c GOOD FLOUR — Every Bag Guaranteed, 24 lbs ...50c PILLSBURY’S BEST, 54b. Bag 24c