Newspapers / The Waynesville mountaineer. / Dec. 13, 1956, edition 1 / Page 8
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THE GOVERNORS find k<m><1 room- hunting? Gov. Marvin (.rillin of Georgia (center! and Gov. Luther Hodge* of North Carolina (right) unload their baa of wild irew aftrr a day of fine hunt ing at l.ake Mattamuskrrt. Ihrir guide (left) assists them in lifting the big gee*e from their * boat. (AP Wirephoto). Small Business Faces Very Critical, Competitive Era Senator Ervin Points Out I ? ? " . I WASHINGTON ? Small busi ness faces a very competitive cli mate In trying to get along and survive in the era of big business SMALL BUSINESS Is the future of small business being given any consideration by government'' The answer is yes And it will rightly be given more attention. Congress passed the Small Business Act in 1053. It created the Small Business Administration, an agency of the government to serve small business concerns by helping them obtain needed fi nancing on reasonable terms. Con gress saw a need for loans to small business ?? manufacturers, whole salers, retailers, service establish ments and other firms -- When fi nancing is not otherwise available In addition to supplying working capital, loans for business eon. structlon, conversion, expansion, equipment, facilities, machinery, supplies and materials are consid ered by the SBA. TYPES OE LOANS SBA makes loans of two types, participation and direct. The first type is made Jointly by SBA and banks or other private lending in stltutions; direct loans are those made by SBA alone Incidentally, the SBA does not make a direct loan if a private lending institu tion will participate in it. LOAN ELIG1LILITY In order to be considered for either type loan, a firm must be a small business. It must meet cer tain credit requirements This has caused many applicants to com plain that the requirements are too rigitl for virtually all types of small business. What is the definition of "small business" for SBA loan purposes? It is defined as one which is in dependently owned and operated and which is not dominant in its field. Of course, there are other factors such as manufacturing business is considered small by SBA if it employs 250 or fewer persons, and lurge u 11 employs more than 1,000. Between these two figures, a business may be considered either large or small. S^A says that most wholesale firms are considered small if their yearly sales are $5,000,000 or less, most retail and service trades firms are classified small if their yearly sales or receipts are $1,000, 000 or less. CREDIT REQUIREMENTS SBA says that it has to 1h' very careful with loans as it is a pub lic agency, using taxpayers' funds Its board which determines loan policy is made up of the Secretary of the Treasury, the Secretary of Commerce, and the SBA Admini strator. Generally speaking, the policy has been that the applicant must have the ability to operate his business successfully; he must have enough capital in the busi ness that with TrA assistance it will be possible i.? operate on a sound financial basis so that the loan will be repaid. Past earnings ? record and future prospects also are important. You probably will be hearing much more about governmental assistance to small business in the months ahead. It is on the minds Of many people who want to see small business live and thrive. Canton Man Is Hurt In Tractor Mishap J. B. (Bulcht Cole, a 51-year-old farmer of Canton, suffered a, frac tured skull Wednesday when he was thrown from his tractor when the plow point caught in a railroad rail, the Canton Police Department reported. Haywood County Hospital report ed his condition was fairly good. Police Chief W. N. Stroup re ported Cole, of Canton RFD 1. was driving his tractor across the track* in Canton when the point of the plow accidentally lowered and brought the tractor to a sudden I MOKE ABOUT Two Held (Continued from Pit' I) rowly missed the heart and lungs, and a total of f>5 stitches were re quired to close the wounds, the deputy added After helnk cut, Goodson drove three miles to the. Canton police station and then was taken to the Haywood County Hospital for treatment He. later left the hos pital, however, officers said Goodson Wild Deputy Howell J that Enslev held his arms wliiR* Tittle cut him with a knife Justice of the Peace J. J Fergu- | son Indicated this morning that he wlll.pluce Tittle and Knsley under bonds of $500-each, and also would put Joe Ferguson. 25, under a $200 hond as a material witness Joe Ferguson was reported to have driven the three men to the Johnson house Deputy Howell said that Good- I' son had gone there (q see Jessie Page. Heiner Heads Canton Ministers Association The Rev. .Cecil G Hefner, pas te' of Central Methodist Church, ? was elected president of the Can- ' ton Ministerial Association at a 1 meeting of the group Monday. He ! succeeds the Rev. Horace I, Smith | of the First Baptist Church. Other officers named were, ihe I Hev. Kugcnc Needhain of First ' Methodist Church, vice president; aed Jack Justice, general secretary of the Champion YMCA. secretary and treasurer. Monthly meetings are held regu larly on the first Monday at Central Methodist Church. MORE ABOUT Concert (Continued from I'afe 1) presented The third part of the program, entitled "Christmas and Jesus," will be opened by the orchestra with "Trumpet Tune and Air". The chorus will then present six songs: Carol ol the Questioning Child,", by Ann Hill; "Sing Gloria"; "Oh Holy Night" with solo by (tosalind Amnions "Mary, Mary Where Is Your Baby"; "Jevus Holy Child," and "Sweet I,idle Jesue Boy" with solo by Bobby Hill The band and chorus will then join to conclude the program with Noel a collection of familiar car- : ols ' Piano accompanist for the con cert will he Linda Boone. Boy Injured In Hunting Accident In Good Condition llobert Hugh Tucker, 15, who shot himself accidentally while ! hunting on a mountain near his j home at Jonathan Creek last Sun day. was reported today in a ' ",'ood" condition at Haywood Coun- ! t> Hospital I The mishap was reported to have occurred when Tucker propped his shotgun against a tree and was wounded when the weapon fell and discharged. Tucker is the son of Mr. and Mrs. Fred Tucker. ? T Baptist Group Meets Thursday There wilt be an Associational wlde meeting of the Baptist Broth erhood and Koyat Ambassadors at the Canton First Baptist Church Thursday, December 13, at 7 p.m. All Baptist Churches in the As sociation will'be represented Horace Kason, state Brotherhood secretary, and Bill Jackson, state Royal Ambassadors secretary, will conduct clinics for HA warkcrs and other members of brotherhoods. Williamson Is In Finals For Rhodes Scholarship Students Malcolm R. Williamson. Jr of Duke University and Luther I! Dodges. Jr . of the University of North Carolina were named North Carolina Una lists in the 1936 Rhodes scholarship competition In Durham Wednesday afternoon. Chosen from among 15 Tar Heel semllinalists by the state selection rommitlee, they will go before the Southern district committee next Saturday in Atlanta, (la. There, thej will meet tl) other finalists from South Carolina. Virginia. Florida Georgia and Tennessee. Four winners selected from this group will receive Rhodes scholar ships for a minimum of two years study at Oxford University, Williamson, a student in the ; Duke University Law School, is the son of the Rev. and Mrs. M. R. Williamson of Charlotte, formerly I of Waynesvllle. He received the A. B. degree from Davidson Col lide in 1955. Hodges, son of North Carolina Gov. and Mrs. Luther H. Hodges, is a senior economics major at the University of North Carolina. He I has served as president of the Con solidated University Student Coun cil. a member of the Men's Honor j Council and as a commencement " ' ' r marshal. LAFF-A-DAY I I > ? I' K ... I. . ? . v ?? Jh. I . * ?*' >ul.'< *?>? I II ?'? ' ' "He's coming to. Better show him the bill again." I 1 WINNERS DEC. 10th ^ A ? Mrs. J. L. Henderson ^ II" Oma Rathbone ^jBk. II ^ ^ PRIZES 1 ffjr/? ba^ ihq^ ?? two $50 bills-two $100 bills issyv * i IHl DRAWINGS 6 P. M. ?? ? REGISTER q . Q | | qpq M A Dl/ FT Monday Afternoon, Dec. lith ????? Two $.?0 I ash I ri/.es ?? KAY ) 5UrtK IVIAKlVLI .. . ... . ? Mondav Afternoon, Dec. 24th Two $100 Cash Prizes ?? RAY'S DEPT. STORE |__ I WESSON OIL - 49c CREAM CHEESE - - 10 PITTED DATES 29c SALAD DRESSING - 19 ? ? ... ARMOUR STAR TURKEYS I Broad-Breasted More White Meat RESERVE Your Christinas Turkey Today Phone GL 6-8631 liaked In The Deep South CLAXTON FRUIT CAKES j LAYL *** \ 1 TENDER MILD , | \ Whole A M| > ,:, 49c lb./| I.fl* You Sleep 4 Oz. Jar INSTANT SANKA 97c Softa Silk a Lb. I*k?. CAKE FLOUR 29c Peppermint 2 Lb. Bo\ STICK CANDY 49c Betty Crocker 4 Stick I'ka. PIE CRUST STICKS 29c Park - Shop - Save CAKE MIX White Butterscotch Yellow Apple Chip Chocolate Lemon Flake 3 - 59c f Golden Delicious .'! Ih. ^ APPLES *?? 07C ? !^| Tast\ lied I'er ? a | GRAPES IZC I X Karjie 130 Size I'er *? TANGERINES ,)oz- O/C ? Sweet - Juicy 8 Lb. Bag 43c EMERALD WALNUTS lb. 49c DIAMOND WALNUTS lb. 53c BRAZIL NUTS MIXED NUTS 1 49" 55* ? You bake your BEST uith Fillsbwy'sSiJ BEST mi - $189 gp Bate ffce recipe that har fust won ?25.000 Pillsbury's BEST I * 8th GRAND NATIONAL Recipe and Baking Contest AO APT ED BY ANN PliiSAUffY CALIFORNIA CASSEROLE 2 lbs. veal or beei round steak 1/3 cup PilisbUry s Best enriched I notir 1 teaspoon paprika ? 1/4 cup salad oil or shortening 13/4 cups small cooked onions H t wo. can t 2 cans cream ol chicken soup I 1 can water 1 cup sour cream ? Coat meal with mixture ol flour ? and paprika Pound mixture into ? meat. cut. in 2-inch cuot?. Brown ? in oil in skillet Transfer to 12x9x2- I inch pan or large casserole. Add I onions. Combine 1 can cream of chicken I soup and the water in skillet used I lor browning. Bring to boil and I pour over meat Bake in moderate I oven (350 decrees) about 45 minutes I until meat is tendei Top with 14 to 16 butter crumb I dumplings., increase oven tempera- I ture to 425 degrees. Bake tor 20 to I &> minutes until deep golden brown. I ve with sauce made by heating ? i. can cream ol chick X irid I .s(?i.r cream ju.^i t ?> ? n? a img is a. ? lit 1 IVK t Kl Mil 1)1 Ml'l IN?.> 2 cups sifted Pillsbui y s Best iSn- I richfd Flour ? 4 teaspoons double-acting baking I powder 1 2 teaspoon sail ? 1 teaspoon poultry seasoning 1 teaspoon celery seed 1 teaspoon dry onion flakes 1 tablespoon poppy seed (if desired i 14 cup salad oil 1 cup milk ? 1 4 cup melted butter ? 1 cup bread ci umbs Sift together flour, baking powder, I sail and poultry seasoning into mix- I mg bovti Add celery seed, onion I itakes and poppy seed Blend in fl oil and milk stir just until moist- I ened Combine melted butter and bread I - I crumbs. Drop rounued tablespoon- I , I lulls ol dougn into buttered crumbs. I Holl to coat. -??: ?? ! ? ??.' ; r. ? ? ?. *-w ?? ?? . ? *v 1 \ I I
Dec. 13, 1956, edition 1
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