w ■ f: THE il^VAftfi ftiews, BRSVAUD, NOim< 6AidUfliL m -• V -. •’>* *'--* j . iB,mL H flBffll 0FJ.r.MY8 'The'Neirs has jiist heard of the 'Sadden death of J. J*. Hay who was well known thronghoat the entire county He was the promotor of ttie entire Toxaway improvement and was responsible for the growth of our present railway. A fall accoant next week. V Dr. W. J. Wallis will return home this week from an extensive visit to Virginia. Mrs. Laura W. Miller and Mrs. Geo. Wood returned Tuesday from ,a visit of two weeks to relatives in Durham. Mrs. Sam’l Littlegreen of Asheville spent the week end with Mrs. C. M. Cooke. Mra. S. L. Rosamond i» spending se veral months in Brevard and is the guest of the Misses Shipman at ^e * Bryant. Mr. S. A. Bryshn went to Asheville on Wednesday to visit his fapiily. J. W. Burnett s^net Sunday in Green ville. 0 Mrs. M. B. Whitmer who has been with friends in South Carolina foi^ some weeks has gone to Baltimore where she'will spend the winter.) iSi Miss Dolly Carr who recently under went a serious operation at the Mis sion Hospital in Asheville has return ed to hei home in Pisgah Forest. . ■Mrs. H. N. Carrier entertained the Wednesday Book Club at Rockbrook on Wednesday. Mr. and Mrs. R. W. Everett have re turned home, near Penrose, from an extended visit to Denver, Colorado. Mr. and Mrs. H. A. Plummer and two boys, Robert and Francis, and Mr. J. A. Miller left on Tuesday by motor for Florida where Mrs. Plummer and the boys will spend the winter. Mr. Miller will return in a few days, while Mrs. Plummer will be gone two weeks. Mrs. Welch Galloway has returned from a recent visit to her parents, Mr. and Mrs. Hawkins, in Henderson Coun ty. For the common everydday ills of mankind there is nothing to equal Tanlac. Davis-Walker Drug Co. Mr. and Mrs. G. H. Paxton, who were recently married, returned from the wedding trip and will occapy Mrs. Q. T. Crasy’s home on Main Street. . Mrs. Z. W. Nichols is spending a few days in Asheville this week. Tanlac is purely vegetable and is made from the most beneficial roots, herbs and barks known to science. Davis-Walker Drug Co. Mrs. Sam Summers and small son left on Thursday for their home in Co lumbia after spending the summer with Mr. and Mrs. T. L. Snelson. Mr. and Mrs. T. W. Whitmire and sons, Roland and Thomas, came over from Asheville to spend Armistice Day in Brevard. C. M. Cooke has returned from a short visit to his brother, W. C. Cooke, in Spartanburg. Banish that awful insomia that worries you every night. Let your sleep be restful andd refreshing. Tanlac does it. Davis-Walker Drug Co. C. B. Wilsou of Abbeville, S. C. is vi siting relatives in Brevard. » Miss Martha Boswell is spending some time with friends in Ashevslle. Mr. O. T. Crary of Asheville spent the week end with his brother, T. B. Crary, in North Brevard. Mrs. C. A. Allison of Anniston, Ala., is uisiting relatives in Brevard, having been called here by the serious illness of her sister, Mrs. A. H. King. Mrs. Ira Hamilton and little son, Charles, came up from Spartanburg for the Armistice Day Celebration. Mrs. Chas. Jones has gone to Char leston after a visit to her parents, Mr, and Mrs. A. W. Barnett. B.Y. P. U.ENTEBTAINS On Tuesday night the Kethly Union of Baptists church entertained the Owen union with a masquerede party at the home of Miss Myrtle Barnett on lUf Whitmire Street. All were in striking costumes and the house was decorated appropriately for the occasion. A de licious salad course was served for the party of fifty-two.' 1kS.imEYIS DTWORIt ABROAD $18,000000,000 Rebuilding In- di^try and Commerce. JUST PUIN BUSINESS PUN America, Greatest Debtor Nation In 1914, Now World’* Largest Creditor —Private Citizens Sending Savings to Foreign Concerns and Drawing Big ^ Returns — Bu^ildlng Packing Houses In South America and Sugar Mills In Cuba. Approximately 18,000,000,000 of American dollars now are at work in foreign countries rebuilding industry, re-establishing commercial connec tions and earning substantial inter est rates for their American Investors, it is shown In data in possession of the Commerce and Treasury depart ments. America, before the great war one of the world’s biggest debtor nati(ms, now stands at the head of the internation al financial list as the greatest credi tor country. American investors, small as well as large, are following the example established by their government when it loaned $10,000,000,000 to the gov ernments associated with it in the great war. American private citi zens are sending their savings and their capital to private citizens and private conceras of foreign countries to swing business and commerce out of the world-wide economic depres sion. Dollars earned and saved in this country are now flowing to Europe. Asia and South America to build man ufacturing plants, rehabilitate rail roads and canals, construct wharves and docks and erect warehouses so that the world’s business and trade may be resumed In proportions great er than those of 1911. American investors are taking ad vantage of legitimate business and comniercial opportunities. Tliore is no philanthropy about the matter. Mil lions invested abroad will bring mil- Jions plus more millions back to the United States. Farsighted l>usiness men of this country are helping the world’s business back on its feet so that the world in turn may send orders for goods and interest on investments back to the United States. At five per cent, tlie yield on Amer ica’s investments abroad totals $900.- 000,(XX) a year, which is a return of $2,500,000 for each day of the year, including Sundays. A steady stream of interest pay ments now are floating toward Amer ica, filling the pockethooks and fatten- mg the bank accounts of those thrifty persons who are taking advantage of international investment chances such as have presented themselves only once or twice in the world’s history. May Soon Have Bourse. Establislnnent of a bourse to deal in foreign securities has boen given consideration by some government of ficials. The propojrk l)ankers showed keen Interest in Meyer’s suggestion. Investments made in und South America by Americans have averaged $1,0{11JJ,000 a d:iy for tlie past 12 months. And the streijm is getting lugger (?ach day. Since tl«e outbreak of the great war I>rlvate American citizciis have pur chased nearly $3,000,000,000 worth of foi-eign securities, as well as $4,000,- '00,0()0 worth of American securities which 'were repurchased from their i’oreign owners. Another 000,000,000 is piled on ihe foreign investment by the trade balance in favor of American manu facturers, producers of raw materials and exporters. Private Americnn con tractors now are creditors in large part for big lots of war materials d'e- livered to foreign governments. The United States govornmejit, through military and naval branches, is credi- !or o' sever: ' foreign govei’nments for tiearly $3,000,000,000 of surplus wa»' material. And finally toe government is creditor for $10,000,000,000 wortth (it loans made during the great war with money first sidvanced by Ameri can citizens through the several issues of Liberty bonds and Victorj* notei:. in advancing money to foreign in dustries and govennnents, investors of the United States at this time, are performing a service similar to that rendered this country by investors of (Jreat Britain, France and Italy during ;he period of big development in the United States. After the Civil war /he United States turned to the west ern states to build its continental rail roads, open mines of copper, gold and silver, and construct great grain eleva tors. Returning Favor Done in 1065. There was in this country not enough capital to develop these indus tries or open the railroads to them. The pounds and francs of thrifty French, British and Belgian citizens flowed into the United States In mil- lioca, seeking profitable and safe re turn. The American dollar was'^'ofT' In the International exchange marketi axid could be bought cheaply.. VMelgu lnve»'tor» thus foresa