Newspapers / The Enterprise (Williamston, N.C.) / Aug. 9, 1940, edition 1 / Page 6
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Re|>orted Averages Ranged From 15 To 20 Cents Thursday (Continued from page one) of Federal farm officials earlier in the season that tobacco prices would be maintained at least at the 15-cent levels of last year. Great Britain, one of the largest consumers of American bright leaf, discontinued imports because of the war. Hie spread of the European and Asiatic conflicts blocked* off other important consumers. 1 The first official and con pU t< n port on opening-day sales was re ceived here this morning from Jim mie Taylor, who is on the Hahira market. An average of $17.82 was re ported on 263.000 pounds sold on that market. After studying the opening-day figures in Georgia. Martin County farmers expressed the hope that the markets in this belt would open around 20 cents on September 3 Meeting To (Aone In I he lloline?s ( luin li Sunday The serids of-special services in the local Pentecostal Holiness Church will be brought to a close Sunday night, it was announced today. At tendance upon the services is hold ing up well, and the meeting has been very successful. The public is invited to be pres ent for any and all the services Sun day. Sunday school, 9 45; preaching at 11 a m and 7 45 p. m Jurist* H. O. Peele !l? *art? Eight (iases In Count v'b (lourt (Continued from page one) 1 was sentenced to the roads for a per iod of six months. The court sus pended the sentence and ordered the defendant placed on probation Ralph Dugger was sentenced to the roads for sixty days in the case charging him with violating the li quor laws. He appealed to the high er courts, the judge requiring bond I m the siifn of $100. Annie Clyd? Davis, charged with i violating the liquor laws, was sen-, tenced to the common jail for a term , of three months* the sentence to be? gin <i'> any tmi? within the next two years at the direction of the court The defendant was directed to pay I the case costs. Illegitimate children claimed the | attention of the court when Leon Goss and Haywood Eborn faced | trial on charges of bastardy Each of the defendants was found guilty over his own plea of innocence Judge Peel directed each of them to pay $4 a month during tl\e next twelve months for the support of the il are to reappe-ar before the court at and to reappear before the court at the end of twelve months for fur* ther orders and judgment ? Mrs K. H Goodmon visited in Mon head City Thursday She- was accompanied home by her son. Hay. who has been visiting the re for some time Mr. and Mrs. John J, Kodgerson arc visiting in Raleigh today. We Drill Wells AM) I'l I IM)\\ \ IM MI'S AT ANA DKPTH. Ol l< I'KICKS \I<K VKRY KKASONABI.K. II KITh; or CALL Leslie Hardison Wi: I SK MODKRN KQI II'MKNT. JAMK.HVIlXt:. N ( Good appemace! Cleao mcchaaicafl/f fn?> value! Tbat'i what our (uxumcn apMolM..* tod THAT'S WllAT YOU GKTt */* vamttaa&mA Wiil Be Found =HERE? AI(11<?ii11 our sloek ul the CJ present lime is reasonably low. make it a practice to sot' lis first when you are in the market for? Guaranteed U sed Cars Williamst'n Motor Co. Industry Gains Its Demand For Profits In Defense Program Aviation ami Steel Agreed To Sign Fontr^rtf* After Con regions Are Granted Charles M Kelley, writing in the current issue of "Labor," offers in teresting comment on contracts as they are proposed by industry in ad vancing the defense program, as fol lows: Twenty-three years ago. during the first World War. two outstanding industrialists enunciated what they considered should be the attitude of business men during war time. President Eugene G. Grace, of Beth lehem Steel was quoted as saying: "Patriotism is a beautiful senti ment, but it must not be permitted to interfere with business." Pierre duPont, chairman of the du Pont Company, declared We cannot assent to allowing our own patriotism to interfere with our duties as trustees for the stockhold ers." That philosophy today imbues a considerable element of the business community and is slowing down the national defense program. The need f"i haste in preparing against aggression has been drama tically portrayed to the cquntry by President Roosevelt. Congress, with scarcely a dissenting voice, has re sponded with grants and authoriza tions running pretty close to $18, 000.000,000. Realizing the peril, the people have indicated their willing ness to assume additional taxation. Workers, with the unanimity that marked their cooperation during the last World War, have pledged un qualified support. There is no lack of legislation, money or labor to do the job. Never theless, it lags seriously because some industrialists refuse to put a shoul der to the wheel until they have an iron-clad guarantee of staggering profits. Thertearest statement on the prog ress of the program that has ema nated from any official quarter was issued last week by William S. Knud sen, production manager of the De fense Advisory Commission. He predicted that eventually the industrial machine would be geared to produce equipment for an army of 2,000,000 men, but, meanwhile, he said, many unexpected difficulties are being encountered. During the eight weeks of the commission's existence, Knudsen said, it had cleared contracts for army materials approximating $315, 000.000, as well as $1,412,000,000 of contracts for the nevy. While these figures are impress ive thfey represent but a mere frac Tion of the billions that have been made available for armament of one sort or another. only a small percentage of the con tracts "cleared" by the commission | have been signed by manufactur- j This week Knudsen, Edward R. Stettinius, defense commissioner in charge of raw material production, and spokesmen for the army and navy wrestled for four days with air plane and steel company executives in an effort to break down their re Wants The ENTERPRISE WANT AI) RATES One cent a word (this type) each insertion. 25c Minimum Charge 2r a word this size Cash must accompany all or ders unless you have an open ac count with us. We reserve the right to revise or reject any copy. The ENTERPRISE PHONE 46 I.OST ? RULE FOR MEASURING steel rails. With Mid West Steel Corporation name on it. Finder please return to Williumston Parts and Metal Company. WE PAY 30c PER HUNDRED FOR scrap iron. Williamston Parts and Metal Company. FOR RENT: I 4-ROOM AND BATH apartment, and 1 3-room and bath apartment on Marshall Avenue, J. S. Whitley. Phone 109. HAVE YOU TERMITES IN YOUR home or building? If you have, get in touch with us. We'll remove them efficiently and effectively and our charges are very reasonable. Call or write Ljnwood Osborne, Roberson ville, N. C. a2-2t SEE THE ENTERPRISE FOR WED ding announcements or invita tions. m21-tf TEXACO SERVICE STATION FOR rent at Bear Grass. Harrison Oil Company. jy30-2t FOR RENT: THREE-ROOM APART ment with private bath, hot water. Sec D. V. Clayton, Guaranty Bank. a2-4t WANTED?MAN WITH CAR FOR route in Beaufort, South Bertie Countirm. Experience preferred but not necesaary to start. Write Raw leigh's. Dept. NCH-2S1-MO. Rich mond, Va., or see J. M. Ogden, Jr., Williamston, N. C., Route 2. a2-9-18 23 tirtimw The deadlock was not broken un til the government offered manufac turers cost-plus contracts, which may be rewritten in the light of con gressional action on taxes and amor tization. 'nus is an exceedingly generous arrangement, making big profits cer tain no matter what Congress may or may not do. The executives had taken the po siton that they would accept no con tracts that made plant extension necessary, not even on a tentative basis, until Congress repealed the 8 per cent limitation on airplane and naval contracts and permitted indus try to write off the cost of plant ex pansion in five years, rather than in the now legal period of 1 Shears. Under this arrangement, corpor ate revenue that would otherwise be taxable as profits could escape, while higher prices would be charg ed to the government to take care of increased "overhead." The holdup on airplane and naval contracts is reminiscent of the gov ernment's experience during the last World War, when industry practical ly went on strike to enforce its de mands Knudsen in his statement referred to this sabotage, but left out the de tails, when he announced that a contract had just been made with the duPonts to erect and operate a government-owned powder plant at Charlestown. Ind., with a capacity of 200,000 pounds a day. The plant will be in operation within 10 months, Knudsen promis ed, and he contrasted that speed with the fact that in 1917 the first con tract for the construction of a pow der plant was not signed until seven months after we entered the war. Back of that delay was a shock ing story which was pieced out by the Senate Munitions Committee in its extended investigations of the duPonts and other munitions mak ers. "The government," the committee reported, "offered to pay the du Ponts every dollar of expense, to ad vance $1,000,000 on account of prof its, and to pay additional profits as determined by arbitration." But this offer was rejected by the duPont board of directors, upon the recom mendation of Pierre duPont, who gave utterance to the amazing "prof its-beforc-patriotism" statement as quoted at the beginning of this story. After getting the terms it was striking for, the duPont company built a plant with government mon ey, operated it for a few weeks and cleared up a profit of $2,000,000. The Bethlehem Steel Company, then htgided by "Charley" Schwab, scored profits of tens of millions on World War contracts. How much it made was never determined, be cause the company successfully re sisted government efforts to audit its books. 9s???? Bethlehem is well on the way to | repeat. x President Grace reported to j stockholders last week that on June 30 It haa on its books unfilled or ders for $228,000,000?a peacetime record. Since then $200,000,000 of ad ditional naval orders have been re ceived, Grace said. So far, he revealed, Bethlehem has I been able to handle this enormous ' business at a "surprisingly small out Farm Packhouse Is Destroyed By Firel Started "by a bolt at lightning, fire destroyed the large pack barn and nearly all of the contents on the Ed gar N Harrell farm, near Oak City, last Tuesday night. A mule was killed by the bolt, but a second one, unharmed by the bolt, was releas ed by Dennis Holliday, operator of the farm, before the fire had gain ed much headway. Mr. Holliday stat ed that he stumbled over the dead mule when he went to the pen to drive the animals out. Several visitors were at the Holli day home and they helped save about 200 sticks of cured tobacco and a couple of dozens of bales of hay from the burning barn. A large amount of corn, several hundred bales of hay and about 1,600 sticks of tobacco were burned. An unoffi cial estimate placed the loss in thej neighborhood of $2,000 No insur ance was carried on the property, it was learned here. lay" for new facilities. But, if more business is received, new equipment will be needed, and Grace made it clear the government must put up the money or permit "adequate" profits to compensate the stockhold ers for the investment. "We do not care to spend stock holders' moqey for that purpose." Grace said. The government had proposed gen erous terms to break the deadlock. It wants manufacturers to make rea sonable profits without risk. Con tracts are made through negotiation which saves the expense and risk of competitive bidding. Contractors are guaranteed against any loss result ing from higher labor or material costs. Money is offered on liberal terms to induce manufacturers to expand plant facilities. Just this week the Reconstruction Finance Corporation advanced $92,000,000 to the Wright Aeronautical Corporation to increase airplane engine production. But this was not enough, accord ing to Knudsen. Manufacturers werel determined to wipe out profit limi-1 tations and refused to play ball un til their demands were granted. NOTICE OF SALE North Carolina. Martin County. County of Martin vs. Sudie Jones j and W. W. Griffin. Under and by virtue of a judg-1 ment in the above entitled proceed-1 ing on the 5th day of August, 1940, by L. B. Wynne, Clerk of the Super-1 ior Court of Martin County, the un dersigned will offer for sale to the highest bidder for cash, on Monday, te 9th day of September", 1940. at twelve o'clock noon, in front of the courthouse door in the town of Wil liamston, the following described tract or parcel of land, to wit: A tract of land lying and being in Williams Township, Martin County, N. C., containing 5 acres, more or less, hounded on the West by the Lanier heirs, on the North by the Lanier heirs ana I'l'anK Barber, on the East by the Settler Jones land, and on the South by the Lanier heirs and being the same land listed to Su die Roberts for taxes in the year 1931 and being described on said tax re ceipt as 5 acres of Island land. This the 8th day of August. 1940. CHAS H. MANNING, Lm Plans Go Forward For Operating the Plant This Season (Continued from pace one) some direct bearing on the farmers' market, and early reports state that farmers in this and surrounding counties will cooperate with the new firm in every way possible. Williams ton has long been recog nized as one of the largest peanut wagon markets in the world, and with local interests in charge, the milting plant is certain to prove a great asset to the community espec ially to peanut farmers and labor. News of Hie incorporation of the new company and the purchase of the plant is being well received by the farmers and others in this sec tion. Native Of County Dies At Daughter's Home Last Tuesd ay (Continued from page one) Roberson and Mr Denfil Roberson of Hopewell; Mn. Charles Beiley and daughter. Miss Frances Bailey; Mrs James W O'Dell, Mr. and Mrs. Skin ner and Mr and Mrs. W. E. Stubbs. of Dunn, and Mrs. Lewis Omer. of Richmond. Club Boy* And Girl* To Leave Monday For Camp About 40 Martin County 4-H club boys and girls will leave Monday for a week's outing at White Lake. The youths will be accompanied by Miss Lora Sleeper, home agent, and John Eagles, assistant farm agent Located at the Fair Grounds, in Greenville. N. C. Phone 2204. Trade with the Smith boys and you trade with con fidence. This is one of the best known and most reliable sales stables and stock yards in this entire section. This firm, owned and operated by R. L. and W. H. Smith, has been serving the people of Pitt and Martin Counties for many years and the farmers have come to know that they can get from them the year around the best in horses and mules at most reasonable prices. They have a reputation far and wide as business men of superlative integrity. The record of these men is truly commend able and one that is evidence of the fact that they en joy an enviable reputation in the horse and mule busi ness. They treat all people alike, doing as they would be done by. and once a patron always a patron. They buy and sell and trade mules and horses of the better class and If you are in the market for either you can surely do no better elsewhere. R. L. & W. H. Smith Sale* Stable* Salen and Exchange GREENVILLE, N. C. 95 PER CENT Of All Business Failures Are Non - Advertisers, According to Bradstreet Your Local Newspaper Is Your Best Advertising Medium^ START Advertising NOW! ?IN? ' V The Enterprise
The Enterprise (Williamston, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 9, 1940, edition 1
6
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