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NEITHER STATE NOR
COUNTIES CAN EVER
PAY PUBLIC DEBTS'
..(Cow*'* ned from Pctfe Ctos)
o? the subdivisions of state
?b? rftSL the ?ea?cVaWlity to
In 1929 the debt service was
J 17 ,4 10, '>00 but in 1932 it
201,908. "From now un $17 000(000
1 UonSo--r local debts than we
bringinKjtottie larger ap
?omm\^ion reques ivo,. now receive.
pvopr,ations than hey now d ^
Ho urged the state w un.
postulants to the ianKs o
the head at these in ^ ^ gay.
ictn-VtmeHg Fo ^ appro?riations
Si., f,.rn ?. S'thfSS M
jeot-le are paying all the taxes
?7i; >>Ufi !il4. i hat ra?se5 . . ,090
i The debt service >n 19??
?Jfkih?w? ??' ssf ?'8M',ra 490?
%-i c sjrasft
Coming co the huge g sub
governmeivt ?n the state ana ^
divisions, he >??? - interest
was >\'0->.'-00.-Uo _ 350^ a total to
charges wl.be ?abt'< vanish arnount
*? 1)1U'Lvfn m 167 " The debt service
hip to $8S9, 187,1b/. in $2it.
for all trovevnment in $40794 4 73.
??>?? <>:M. In 1993<S )s 15 v f ,l?nres
s'?"l North' <5?reli?? a? ?*<j? 10
will bo ii liable to pai tnei^ 192? the
ing the next fe > ? ,l02 ,000,000. in
total tax bill ? ^ qqq and in
"n-1 f ia . ooo00000fOT debt service,
leaving *19.000,000 from vshich to de
duct anv cuts that may be made.
Onlv two ways are open to meet
this condition, he said. One is de
fault, the method chosen by 40 pel
*ant of the counties and other loc<d
units the other "way is for read
justment of these local government
obligations." These -readjustments
mii<t !, made either by reducing
principal s.r reducing interest rates
or bv e xtending the maturities far
beyond the present periods Provided
for As much as we may regret the
admission nos ertheless we lenow it is
true that there is no chance for the
local government units of North Car
olina r-> meet their obligations.
'?To be sure, none of us wish to
ve auv u- .vei-nmental unit in Noith
Carolina default or. its obligations
or repudiate Its obligations. We real
ize that the future of these counties
and cities is at stake Lftewise. we,
remember the words of hmerson. ,
"Wilt thou seal up the avenues ^of SU ,
Pay evei v debt a? if God wrote (
mm COTTON CROP
THIS YEAR WILL NOT
PAY SCHOOL CHARGE
The entire income from the state's
sotton crops this year will not pay
j .ho public school costs.
j t The entire proceeds from the cot
i ten crop and the tobacco crops this
year will not be enough to pay the
i ;nterest on the state's bondea indeb
? The above are some of the startling
? atut.ments being published in papers
? throughout the state by J. Z. Green,
o t Marshville. Mr. Green is one of
the best informed newspaper men in
ihe state, and is deeply interested in
? agriculture. He is a Democrat, there
fore, no charge of "playing politics"
can be brought against him.
Following are the startling state
ments being made by Mr. Green,
j ho wing the deplorable condition fac
ing North Carolina:
, "The statement of Word H. Wood
that the credit of North Carolina is
in imminent danger of being seriously
?m paired unless heroic and courageous
measures are adopted by the state
?i'gislature in the way of economies is
tuie, but we have become so accus
tomed to references to our perilous
, Jconcmic conditions that nobody seems
-o get very much concerned over pro
phesies of disaster.
"This amazing indifference over or
impending crisis makes the situatior
look all the more hopeless. Undei
our party spoils system, with gov
ernmental agencies and functions en
larged, expanded an? inflated until wc
have approximately fifty thousand or
the public payrolls of our local, coun
ty and state governmental units, and
with almost as many indirect benefici
aries of the funds in the state, no
sound thinking man can see much
hope for "heroic and courageous mea
sures" to be enacted into law if such
enactments provide for drastic cuts in
"As long as campaign promises of
reductions in costs of government go
no further than generalities and skil
fully avoid speci tying where the axe
is to be used, the thirty or more tax
consuming bureaucratic departments
n North Carolina have nothing to fear
from the incoming session of the
North Carolina legislature.
"If any additional evidence is need
ed to confirm the statement that the
credit of the state is in peril, here
are a few figures that will shed light
>11 our financial condition:
'This year the value of the cotton
crop in North Carolina is estimated
at 000,000. That is not enough
to pay expenses of running the pub
"Combine the incomo this war from
cotton and tobacco and we will not get
a total large enough to pay one year's
interest on the bonded indebtedness
( n North Carolina.
"It would require six cotton crops,
j or four cotton and tobacco crops com
bined to pay one annual hundred mil
lion dollar tax bill in North Carolina.
"T we combine the gross cash in
comes from cotton, tobacco, poultry,
' dairy products, peanuts, grain, vege
tables, livestock and all other farm
products in the state this year it will
hot come anywhere near being enough
! to take care of the total 1932 tax bill
al 'owing nothing for costs of produc
"Th?- one small ray of light is in
the fact that the state budget com
mission has been calling into advisory
council such level-headed and sound
thinking business men as former Gov
ernor A. W. McLean, 11. M. Hanes
and \Vord H. Wood. If the legisla
ture listens to advice and counsel of
Our Best Wishes To The FUTURE
FARMERS OF AMERICA At
Their FATHER AND SON
Feed & Seed Co.
THE STORE WITH THE CHECKERBOARD SIGN
Tunc in every Saturday night, at 8:30 on Radio Station WSM
Stishi-ilic, Tenn. and hear the Vayabonds broadc&st Mortons
i Smoke Salt Program.
sane and sensible bonkers and btiai
I ness men instead of the voice of the
jaaz-rninded, elaptrapt politicians who
compose a tragically large per cent
of the membership of the legislature,
there may be -just & little hope for the
preservation of home ownership in
North Carolina, Some of thaae loud
mouthed politicians are already rigor
ously proclaiming that the state's
credit is sound to the core. This type
of home-wrecking, tax-spending poli
; ticians have already nearly ruined
I this state. If they develop dominant
control of the legislature they will
finish the job in 1933.
The saloons had all been closed in I
' an Eastern village. A leading mer- 1
chant of town tells of the following : j
A woman) poorly dressed and very i
timid, came into his store one day. '
She had not been used to buying
"What can I do for you?" inquired
"I want a pair of sho&3 for a little
| "She is twelve years old."
"But what number does she wear?"
| "I do not know."
! "But what number, did you buy
when you bought the last pair for
I "She never had a pair in her life.
You see, sir, her father used to drink !
when we had saloons, but now theyj
are closed he doesn't drink any more, '
and tWs morning he said to me: !
'Mother, I want you to go up town |
today and get Sissy a pair of shoes, ,
| for she never had a pair in her life.' j
' I thought, sir, if I told you how old |
she was you would know just what |
size to give me." ? Alice Ruth Palmer, j
| 'I wish well to all trades, but with \
a reserve. I hope the baker may j
bake and sell more bread. I hope ;
the clothier may sell more yards of j
cloth and make more coats. I hope i
every farmer may sell more wheat. I
But I cannot say in my heart and
conscience that I hope the brewer may !
brew more beer, or the distiller distill I
more spirits, or the publicans sell j
more of both; the prosperity I wish'
to this one trade is that it should
cease." ? Card bid Manning. j
EDUCATION AND ETHICS :
C. E. Burney
Principal, Rosemvald High Sckool ,
Education is one of the oldest of
human attainments. It antedates and '
outranks sculpture, painting, and ar- 1
chitecture. History discloses the fact
that schools in which astronomy, lan
guage and other sciences wore taught j
existed at least two thousand years '
prior to the Christian era. There i
is record that a Pharoah fo Egypt j
more than three hundred years before
j Christ established a library of hun- j
dreds of thousands of volumes, of
course in manuscript form. In that j
school Moses attended school fifteen j
hundred years before A. D. One.
; Here Moses was educated in all the
learning of the Chaldeans.
So in the civilization of Rome,
Greece and Persia there were schools
of diorent grades, and it was from
these seats of learning there came
the scholars who gave to the world
, the ancient classics a? taught in our
high schools and colleges ot' today,
such as Caesar, Yirgi) and Homer, j
Lord Bacon said: "Education gives,
ornamentation, pleasure and elficicn- j
I ey to its possessor." Education gives j
I culture, refinement, prestige and pow
er. At one time education was con
fined almost entirely to the rich, the
nobles and the professional classes,
and to those of the male sex. A moVe
j modern view of education is that it [
modern view of education is that it j
' not only promotes culture, intelli- p
pence, and mental discipline, but in [
addition to all this furnishes mental 1
equipment to be utilized n a practeai
way in doing the world's vork in its j
various avocations and profesisons,
and that, it belongs equally to both
sexes and to all classes.
Passing from the history and pur- ,
pose of education, we come to notice
that in the ancient, schools, outside
the Hebrew nation, little attention
was given to ethical or moral train
ing. Some nations, it is true, had
their moral philosophers, such as
Aristotle, Socrates and Plato, but
with these moral teaching appears to
instance, Plato, it is recorded, that
have been crude and imperfect. Far
to lie is honorable. The immorality
practised by most ancient nations in
dicates very clearly the absence of
ethical culture of highest standards. |
However, among the Hebrew peo- 1
pies, the divinely chose nana honored ,
people, much attention from the be- j \
ginning of their history was given ,
to the moral development of the j
people. The Hebrews had a code of
morals, the very finest, the Ten Com
mandments, a code of moral teach
ings in all lands where civilization
is of the highest type. To the He
brew children and youth in their an
cient schools and homes, this code of
ethics was care-fully taught. It form
ed a prominent part of the Hebrew
child's education. The Hebrew peo
ple's therefore, at the very beginning
of their national history, gave atten
tion to both the intellectual and moral
training of the on-coming genera
tions. This dual training of both the
head and heart, that honored and
noble branch of the human family has
shown great wisdom, and' has lifted
up a standard worthy of adoption
by the peoples of all nations. That
standard includes the head and the
heart. Such a standard of educa
tion bring into Action influences the
most vital and powerful' in the build
ing of the highwt ty?e of civiliza
tion. The ebiklrjti of today will be
the citizenry of t<%orrow when this
nation will be ii^ their hands and
under their cuntrolL If these are to
build the state sgtfiat it will not
totter to its fall, t?y muft first learn
to build stalwav ?nd stable mora,
In facing the
ing for the yon
may be more
GALLOWAY HEADS ;!
Balaam Camp No. 116, Woodmen
of the "World, elected their officers* at ?
the regular meeting held Monday j
evening. The officers elected at this <
meeting will be installed January 2nd.
A very interesting program has
been arranged for this occasion, at
which time refreshments will be serv
ed. The committee in charge of the
program includes Glover Jackson. M.
G. Garren and W. H. Grogan, Jr. i
The newly elected officer? are: I
Past Consul Commander, Guy
Consul Commander. A. B. Gallo
Advisor Lieutenant, H. E. Kilpat
Banker, Glover Jackson.
Clerk, W. H. Grogan, Jr.
Escort, W. T. Allison.
Watchman, Roy E. Smith.
Sentry, M. G. Garren.
Managers, Colenpan Galloway, L. P. :
Hamlin, F. E. Shuford. j
and development of the moral char-!
acter of the masses.
Morality safeguards education, giv
ing to it right direction, poise sta
bility, and anchorage. Education
without ethical culture is incomplete,
unbalanced, one-sided, lopsided, un
certain of its going. An educated
head ne>-ds an educated conscience to
guide and diroct it.
Where, and by whom, is this athi- 1
cal education to be inculcated? The
answer is, first of all, by the parents.
In the home by the parents should
be early and faithfully taught the
principles of truth, honesty, sobriety,
kindness 8nd obedience to law.
Those who teach in our public
schools are required, not only to be
educated up to certain standards, but
to be of good moral character.
Parents and teachers alike should
aim to give the youth ethical train
ing so as to be able to think right. !
act right and do right.
MASONIC LODGE TO ELECT
Election of officers will be the spe- '
cial order of business at the regular j
communication of Dunn's Rock Ma-;
sonic Lodge Friday night. All mem
bers arc urged to attend.
PATRONS mm !
Po?tmc3t?r R< - L. NichoUoto
Explains How Cbrutnuii j
In order that the post-office depart- I
meat may give the bc3t possible ser
vice to all patrons duing the Christ
mas holidays, Postmaster Nicholson
offers a few suggestions, which, if
followed will materially speed up the
Regarding the postoffice hours. Mr.
Nicholson says that the office will be
closed all day Sunday (Christmas
day) and Monday. On these two
days there will be no service on ru
ral routes, city routes or at the of
fice cxcept in the case of special de
livery matter which will tie delivered
on both days.
Attention, ia called to postage, rates
for mailing Christmas cards. Cards
not enclosed in envelopes will require
a om>-cent stamp; unsealed letters
will require a one and or.e-half cent
stamp, going as third class matter.
All sealed letters will require three
cents postage. Be sure to affix the
proper amount of postage on all mat
ter. To assure prompt delivery of
any letter, card or parcel use special
delivery stamps or their equivalent
in regular postage. Where the regu
lar stamp is not used mark the words
"special delivery" under the stamps
(not on them).
In sending parcels wrap and tie
them securely and make certain they
have sufficient postage. Address
plainly. Type or write with ink and
give complete address ? street and
number, box or rural route. Place
return address IN UPPER LEFT
RAND CORNER on same side with
address. For added protection write
address on a slip of paper and en
close inside of parcel.
MAIL EARLY. In view of the
fact that both Sunday and Monday
are holidays it is important that all
letters, cards and parcels be mailed
early in order to insure their arri
val at destination before Christmas
PENROSE NEWS !
Rev. Vernon Gosnell will preach
at the Enon church next Sunday eve
ning December 31, at 8:30, following
the B. Y. P. U. program. Vernon
is a member of the Little River Bap
tist church and is an active church
worker, especially as Sunday school
teacher and B. Y. P. (J- leader. He
is lower district lesider for B. Y.
P. U. and puts life into hit-- work.
He has preached in his own church
and in several other churches about.
It is expected that the Enon church
will give him a good audience, i
Nor Any Other Fa-rtkul**' fmi
?Not Their M T? Raise
Money ? ':
Rutherfurdton, Bee. 1 ? -Them ?J?
no disposition on the part of ??btW>?
people to say that the money for tlx
operation of the schools should cow* I
from one particular source or anaih
er," declared .Superiotecdaut Clyde
A. Erwin, Presidtnt o/ the North
Carolina Education . Association to-'
day. "Consequently any effort mask
to line the school people of the State ,
up as advocating that a psSfr, <if the
revenues that have hitherto Sfcen uned
for roads should be diverted to schools
ia a mistake.
The Association or whicH I ?a
president has held persistently t a the
belief that it wjfi . not a function
of the teachers to say where the legis
lature should find the money for the
operation of the schools. I hare Bff
doubt that a peat many school pwpla
as individual citisens- of the st&te .
agree with Attorney General Baanis
G. Bruramitt in Ibis recent statement,
but as an organization I want to
make it clear that the Association hM
taken uo action that could be inter'
preted one way or anotlvsr. We haw
always believed, and still believe ihafc
the job of finding money for the o pr
oration of the schools ia a legisla
tive function, and we do not presume
to direct the legislature ia its ac
tion on this matter.
"What I have said ic comparing
the roads and the schools cannot be
interpreted a? suggesting that the
money that has been used for the
roads should be diverted to the
schools. I have merely pointed cut
that a road program, adequately^ fi
nanced, has provided North Carolina
with roads that put us at the head
of the list in the sisterhood of states.
If we had a school system 83 well
flnanced, North Carolina's school sys
tem that would put us near the top
of the list instead of near the bot
tom. I have been talking about ade
quacy of finance, rather than a taxa
tion system or a source of revenue.
Where the money comes from to pro
vide for the education of our children
is one that the wisdom or. the legis
lature, backed by intelligent public
opinion and the thinking of our citi
zenship, will decide in due course of
Misses Agnas and Jack Clayton and
Harry Clayton and Tommie Wood at
tended the wedding of Miss Kathleen
Hoard in Shelby Wednesday.
PIG FOUND ? A pig came to my
house a few days ago Own?>- m.iv
get pig by describing and paying for
this ad and his feed. See Bob Mer
rill at Joines Motor Company.
Batteries ? Batteries
Get Our Prices On FIRESTONE BATTERIES Bfore You Buy.
We can give you splendid Battery Repairing at a very low coat. Don.'t throw your
old battery away until after you let ua test it. Sometimes a small amount speai on
an old battery will give you months of service. $ ,>!? J?j
STARTERS - GENERATORS - IGNITION
We have the very latest equipment for testing Starters, Generator and the ignition
system of your car. It pays to have these troubles tested before repairing ? there may
just be some little simple thing that can be repaired without much cost.
Protect your radiator and
your motor this winter with
Firestone An ti - Freeze. One
nil lasts all winter.
We have a complete 3tock of the fol
lowing: Starter, Generator and ignition
Parts, Armatures and Brushes, Field
Coils, Bearings, Bushings, Points, Coils,
Distributor Caps. Light Bulbs and Light
ing Wires. - - ,
We can give you any kind of Automo
bile Repairing such as installing Pistons
and Kings, Connecting Hods, Clutches,
Axles. Drives Shafts, etc.
Buy "Perfect .Circle" Piston Rin$? for
your car. They are by far the world's
finest piston rings. This is proven by
their being used as standard equipment
in America's finest cars.
WE SAVE YOU MONEY AND SERVE YOU BET?