Newspapers / The Smithfield Herald (Smithfield, … / Jan. 10, 1928, edition 1 / Page 4
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® l]£ jlmitljftelh jficralit 45th Year of Publication Established 1882 Published every Tuesday and Friday morning at lll^s Court House Alley Entered at Smithfield, N. C., Postoffice as second class matter. MRS T. J. LASSITER . Editor W. M. GASKIN...Business Manager T. J. Lassiter Estate, Mrs. T. J. Lassiter and W. M. Gaskin, Owners Telephone 10—All Departments SUBSCRIPTION RATES By mail, all subscriptions strictly payable in advance 1 year.$2.00 G months . 1.00 .*» months .j0 1 month . Single copv .05 Advertising rates furnished upon request. NOTICE TO SUBSCRIBERS Look at the printed label on your paper. The date thereon & ows w:>en the subscription expires. For ward your money in amp]- tim-'for renewal. Notice dute_ on label carefully, and if not correct, pleast notify us at once. Subscribers desiring the address on their paper changed, please slate in their com muniiation both the OI.D and NEW address. NATIONAL ADVERTISING REPRESENTATIVE * t‘- A Mow Vnrl, Cl + V TUESDAY MORNING, JANUARY 10, 1927 Tlie directors of the Eastern Carolina (Chamber of Commerce are contemplating taking the peanut show to the Middle West next year. This seems to be the best way to advertise the country’s largest producing area, for the folks at home already know about it. When other states know the ad vantages to be had iif North Carolina, some body will be coming here to see about them. Reside the filling station now The village smithy stands, And many dollars fall into His large and sinewy hands. —Florida Times-Union Tell me not in mournful numbers That the blacksmith’s work is done That the old gray mare now slumbers And only cars will run. ! V * s . Mules are real 1 horses earnest 1 And their weary way still plod; Still, the earth the plow upturneth. And the plow horses must be shod. WE NEED TAX RELIEF— , Senator Simmons who recently gave the Goldsboro News an interview says that the biggest problem confronting North Caro lina today is taxation. He thinks that land is being made to bear an unfair amount of taxation, and believes that relief could be afforded if the State would assume the bur den of education and provide a uniform tax in all counties. Senator Simmons is on the’ right track. When taxes become so high that all incentive to save and invest in real property is destroyed, it is time to consider relief measures. It does little good to preach thrift, to try to accumulate property, and then be required to pay out so much in tax es, in insurance and in upkeep that it is a losing proposition. People then begin eidur to talk non taxable securities, or to consider “blowing in” what they make. Either course makes it harder for the fellow who must own some real estate. Johnston County folks would be mighty glad to find some relief from school taxes and also from road tax. When we get ready to nominate our next legislative ticket, we should keep all of these things in mind and send some one to Raleigh who can find a way out. LESS POLITICS ANI) MORE BUSINESS— One of the county commissioners ex pressed our sentiments yesterday when he said that a solution of many of our county problems would he the adoption of the County manager plan. A board of com missioners may be the very best of business men, but they necessarily cannot attend to the business of a county as large as Johns ton simply by holding two or three meet ings during a month. They cannot afford to neglect their own affairs for the mere pittance which they receive. A county manager should be chosen because he is es pecially fitted for such a job. and not be cause he belongs to a certain politcal party. rI lie office should not be elective. A general policy should be determined upon which would be carried out regardless of which party might he in office and there would be plenty to keep such an official busy. The Fis cal Control Acts recommends a purchasing agent in the county and this alone is al most one man’s job in a county the size of Johnston. It is time our people are consid ering what is the most business like meth od of conducting county government, with a view to putting it Into effect. We are not advocating a new official'to draw addition al salary. We are advocating business like methods that would do away with some of the overhead expense. What the people want is economy. They want value received for the tax money they pay. They want full publicity as to what goes with the tax money. They want less politics and more business. PICKED UP HERE AND THERE— A letter in our maii one day this week re minded us that regularity is a great thing but it is only when an irregularity occurs that we realize this fact. As our readers know, we are pretty regular in sending them the Herald each Tuesday and Friday. Only during Christmas week do we deflect from this course and supply our subscribers with only one issue. But even the missing of this one issue is always the occasion for some one to let us know that, while they did not read the announcement that this one issue would be missed, they want to know wh;it is the matter with their paper that they did not get a copy. This Christmas was no exception, and the letter on our desk now is asking for an issue of Dec. ”7 so that the writer will not lose an installment of “Chevrons.’ This request came from as far west as Ohio, reminding us also that the Herald goes into homes far and near. We like ior folks to ask about their paper, for we know then that they are interested in it. “We are asking the state for farm re lief,” declared Rev. D. H. Tuttle in his ser mon at a local church Sunday, “but we will never get it until our prayers rise higher than Washington.” The minister further stated that if Johnston County would pour. out a tenth of its increase for the Lord’s work the farmers have never seen such a harvest as would be in 1928. These are some statements worth considering. Do we not often lose sight of the scripture: “The earth is the Lord’s and the fullness there of” and withhold from God what belongs to Him ? Any one who heard Mr. Tuttle will no doubt think on these things. His argu ments are always convincing because he backs them with words from the Bible. BUILDING AND LOAN ASSOCIATIONS OF COUNTRY ON INCREASE— Because Building and Loan Associations are able to pay their depositing members a greater return on their savings than they can secure from almost any other source with the same degree of safety, the busi ness of these associations continues to grow. The total number of associations in the United States now is 12,710, with a mem bership of 11,305,000. According to figures given out by II. F. Cellarius, secretary of the U. S. League of Building and Loan Associa tions, the estimated aggregate assets of these associations is now $7,062,525,000 the rate of increase being 111.5 percent for last year. The increase in assets for the last five years has been nearly HO percent, while the increase in membership has been a little over 56 percent, (filbert Hedrix of Concord, pres ident of the North Carolina League, states that this state has maintained the record of progress established during the past few years. Dwelling construction has held up well, and the North Carolina Associations have been instrumental in building an av erage of 6,000 dwellings each year during the past five years. The resources of th associations in this state now total $90,000, 000. Johnston County needs to learn of Ma rine County in California as to how keep from running a county boarding house. The Jalilorma County, with a population up wards of 30,000 folks, has had an empty ail for months, with the exception of one ‘trusty” who looks after the lawn. THE TRASH PILE Ky A. RAKE Years and years ago, sc many in fact that I don’t like to court them too carefully, when I was playing around in the yard in kniekerbocker clothes, building the fiog house, fishing in the horse trough, and getting resounding thrashings at rather short inter vals, I was frequently enjoined by my more powerful kin to throw something on the “trash pile.” And because these commands took ms away from my “horse trough” fish ing and my freg house'building, I learned very early to have a de cided dislike for any sort of trash pile or anything that looked like a trash pile until one day I used a bit of broken plate and built a bettc-r frog house than I have ever made before. It was quite a decent frog house, nice enough and up to date enough for the most meticulous of frogs. In fact, I think that it was imposing enough even for members of the ‘■first set” in our frog colony! Ever since that time I have had u ut iir'iiujus 01 respec t lor trash piles; for I should never have achieved such a masterpiece of frog house architecture if it had not been for the broken bit of plate that 1 fished out of the trash pile in our ancestral back yard. After that day, to the accompani ment of scandalized exclamations from the other members of my family, I always took my youthful visitors to the “trash pile” to play. We used 10 spend some very bliss ful hours moving broken plows, throwing aside old shoes, and scat tering the pile of rubbish over an area something less than an acre iii our search for things that might help us in our play. Occasionally we woie rewarded by a broken knife, part of a spoon, or an old bottle. The glory of these mom ents of triumph were- worth the whipping I usually got the nc-xt day! These later years, though, I have added a certain number of years to my chronological age until it has become undignified to play around the old trash pile, build rog houses, and fish in the horse rough. And so I have taken to pending my play hours in looking >ver my mental trash pile. I find ;r.me rather odd things in my >rowsing around—old ideas that I liscarded during my four years in •r.iceration in college and that I ind are quite tenable and sound io\v, incidents that occurred years arid years ago that I thought at the time worthless, but whieh now lend a sort of mellow* glow ‘to my quiet moments. To drag these various and vari colored things from the dust-laden „ shelves of the mental junk-closet' is a fascinating experience. Soriic times the ideas ard worthless to others and valuable to ourselves, and sometimes they are valuable to others and’ quite worthless to others. At any rate it helps to pass away the time. -* File Complaints With Hoard Commissioners STARTS ON PACE ONE must be granted. The complaints brought yester day to the board of commissioners no doubt resulted in a better un derstanding of the- school bond sit uation which is only one phase of the tax problem. ONLY ONE NOTABLE SPURNS TOWER VIEW NEW YORK, Jan. 7.—Of all the visiting celebrities who have been given keys to the city of New York in the last two years, only Queen Marie of Rumania, has failed to climb to the top of the Woolworth tower to obtain from the world’s tallest building a view of the sur rounding topography. The Prince of Wales made his first trip up the GO floors to the top of the tower on his first Amer ican visit, Edward J .Hogan, sup erintendent of the building, re calls, and liked it so well that on his second call he slipped away from his hosts and journeyed in cognito to the tower to get a view by moonlight. Two hundred thous and persons a year ascend the tower.—Associated Press. -» Wild-Eyed Customer: “I want a revolver; it’s for my husband.” Shopkeeper: “Did your husband tell you what kind to buy?” Customer: “I should say not. He doesn’t even know I’m going to/^ shoot him yet!”—Passing- Show. Jane: “I want some insect pow der.” Clerk: “Do you want to take it with you?” “Jane: “Of course not. I’ll send the bugs to you and you can give it to them.” Fire prevention is not a science, it is simply the exercise of sound common sense. CONDENSED STATEMENT At the Close of Business, December 31st 1027 V *S3fl RESOURCES Loans and Discounts J__ _■___ Overdrafts_____ United States Bonds_ N. C. State Bonds__ Federal Land Bank Bonds_ Atlantic Joint Stock Land Bank Bonds Stock in Federal Reserve Bank_ Other Bonds, Stocks, Etc._ Real Estate, Banking House, Furniture and Fix. Redemption Fund with U. S. Treasurer Cash on hand and in banks_ 798,039.81 211.33 90,700.00 20,000.00 20,000.00 20,582,50 6.850.00 2,000.00 76,000.00 2.800.00 260,083.73 $1,297,267.37 LIABILITIES Capital Stock_ Surplus Fund_Z1l~~ Undivided Profits__ _ Unearned Interest _ Accrued Interest due Depositors Circulating Notes __ 175,000.00 52,500.00 6,253.59 3,170.21 1,431.45 56,000.00 Deposits. 1,002,912.12 DIRECTORS: I. K. HOOD R. P. HOLDING N. B. GRANTHAM J. J. BROADHURST F. H. BROOKS W. F. GRIMES WILL'H. LASSITER C. T. HILL W. M. SANDERS S. C. TURNAGE L. D. WHARTON C. M. WILSON W. J. B. ORR $1,297,267.37 OFFICERS: T. R. HOOD R. P. HOLDING . """" N. B. GRANTHAM C. F. GORDON A E. SANDERS .SANDERS ‘ McCULLERS -- - President -- Vice-President -- Vice-President -- Cashier Assistant Cashier Assistant Cashier Assistant Cashier 4 PER CENT INTEREST PAID 0 N
The Smithfield Herald (Smithfield, N.C.)
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Jan. 10, 1928, edition 1
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