Fickleo M Gravely Ted Of Export
a:j i. mm ?
ami ii rian 10 finance saying
Rakish?Plight of those who grow
and those who buy tobacco for ex
port will be somewhat relieved if
plans tentatively agreed upon be
tween rpresentatives of the Federal
government and leaf dealers become
operative.
Under this agreement, export deal
ers will be financed by loans from
the Commodity Credit Corporation to
the extent of about seventy per cent
of their average exports (to countries
now closed by war) for the three
years of 1935, '36 and *37. This will
mean approximately two hundred
million pounds.
Lee Gravely, Rocky Mount ex
porter, vice-president of the Tobac
co Association of the U. S., and
former President J. S. Ficklen, of
Greenville, have devoted a lot of
time and thought to working out the
plan in cooperation with J. B. Hut
son, tobacco division head in the
Triple A. Final approval of all the
major points was obtained last week.
Each company which has supplied
any tobacco to any of the presently
closed European countries, during
the three year period mentioned, will
enter an individual contract with the
government agency under which the
company will be allowed to buy
seventy per cent of its normal aver
age shipments to Europe.
In the redrying and processing of
this leaf, the government will stand
seventy per cent of the cost, and the
lealer thirty per cent. For that
thirty per cent investmen the dealer
gets a limited option on the tobacco
unil July 1, 1942. That is, any time
prior to that date the dealer may (if
he can) sell any or all- of the tobac
co, provided it is sold only to coun
tries not closed against its imports,
and that it is not sold below cost.
When such sale is made, the
money borrowed from the govern
ment is paid, and the dealer gets the
profit. If the tobacco is not sold be
fore July 1, 1942. then the option
expires, the government asserts title
and all restrictions are off.
Explaining the practical effects
of this scheme, Mr. Gravely points
out that it helps everybody. First
of all, it assures a reasonable mar
ket for the fanners' tobacco this fall.
Without some assistance from gov
ernment market prospects are very
slim- for export types of tobacco- It
offers the dealer a chance to stay in
business, and preserve his organiza
tions and contacts, but also requires
investment of thirty per cent of
handling' charges. At the same time,
there is the profit motive incentive
for the dealer to sell his holdings to
the best possible advantage. In this
respect the plan is an improvement
on previous government-loan pur
chases where often there was no in
ducement for the dealer to put forth
energy to protect the government in
vestment. Finally, the plan assures
an adequate supply of American to
bacco ready to move as soon as the
market opens, obviating necessity of
European buyers looking to ' other
sources for their needs.
"It's a sort of a proposition of
growers, dealers and government all
gambling that the present situation
will clear up within two years," said
Mr. Gravely. "If it does, the plan
?will work out all right. If it doesn't
?well, in that case it won't make
much difference who owns the to
bacco."
Mr. Gravely further says that the
Eastern Belt crop of tobacco is fine; I
that seasons have been good and the
leaf is curing out splendidly.
CONTINUES TO IMPROVE.
? Richmond?Among lines in the
Fifth Federal Reserve District con
tinuing to show improvement last
week was tobacco.
Except for the big reduction in to
bacco acreage, not much change is
anticipated in agriculture.
Survey of Hitler conquests reveals
"fifth column" spearhead.
EVERT MAN A LEADER
Give something to live for. . . plan
far ahead! That is primary advice
for any m?n who would lead his
fellows. But there is more to this
matter of leadership. . .Here are six
things leaders, especially those in
politics and government, must do.
They merit thoughtful study: 1) Per
ceive current trends. 2) Evaluate
these trends and take a definite po
sition toward them, drawing up a
program of action. 3) Persuade many
people to' accept this program. 4)
Organize all such people to the end
of putting this program over. 5)
Deal with opponents effectively dur
ing the campaign to put it over. 6)
Administer the program after it has
been adopted.?Walter B. Pitkin,
author, educator and analyst, writing
in. the current Rotarian Magazine.
'JUST EDDIE1
A good many worldly cynics ex
press puzzlement at the amazing
hold of Eddie Guest on the common
man. "What has he got," they ar
gue, "that other and better poets
haven't got?" The answer is so sim
ple they cannot understand it. It
is that there is only one Eddie Guest,
not two, or three, or four. He is Ed
die Guest to himself and he is Eddie
Guest to his cloest and most inti
mate friends and he is Eddie Guest
to all he world.?Malcolm W. Bin
gay, editorial director of the De
troit Free Press, writing in the cur
rent Rotarian Magazine.
NEEDED: LEADERS!
If there ever was a time in the
last million years when we needed
leaders, it is now, now when there
is chaos about us. If ever we bring
order out of that chaos, it will be
through leadership?large and small
?coming from the business and pro
fessional stratum of our population.
Here is the Great Chance.?Walter
B. Pitkin, author, educator, and an
alyst, writing in the current Rotarian
Magazine.
Guardsmen Return l|
From Maneuvers
: ,?? aMNSMMM**-' i< ;i:
Greenville, Aug. 26.?Seventy-nine
men and four officers of Battery A,
118th Field Artillery, local unit of
the National Guard, returned to i
Greenville yesterday afternoon after
three weeks of intensive military
maneuvers.
Rev. Worth Wicker, captain and
commanding officer of the unit, re
ported that all men came back in
fine shape and that the unit was for- <
tunate in having little sickness 1
among the personnel Only two men i
were patients in the informary and <
these for common colds. <
The local guardsmen left camp in 1
Louisiana last Tuesday morning for 1
regimental march to Cheraw, S. C. 1
They left Cheraw yesterday morn
ing at 6:45, arrived here at 3:30 <
checked the property were mustered <
out and paid. i
The summer's maneuvers were de- :
scribed as tactical, with brigades i
shifting regiments from one position J
to another to gain tactical advan- j
tages. No effort to win objectives
were provided for in the maneuvers ,
which were planned to give officers ]
in the higer brackets experience in ,
handling large bodies of men and j
material. v .
\ i I
? ? V _ _i_ Li
The 113th field maae a test marcu ?
during the course of maneuvers in j
which 352 miles were covered in one ,
day, marking the largest regimental
march in the history of the U. S.
army. A normal day's march, it was
explained is 200 miles. ^
"Our boys rolled in at the head of
the column with every gun and every 1
truck in position," the commanding '
officer reported of his men.
Rev. Mr. .Wicker said he would ^
not know anything definite regarding <
the possible call of the unit for active (
army training service under a bill 1
pending in Congress until .the action
is completed on the legislation and ]
orders are received.
RESEARCH.
While there has been a steady ,
growth in both personnel and funds (
spent by federal and state govern- ,
ments for agricultural research, the (
annual expenditure now is less than ^
145,000,000 for the United States. ^
? ANNOUNCING THE PURCHASE OF ?
The Stock of M. Liles & Son
Same Location ? FARMVILLE, N. C. ? Additional Stock
Make Our New Store Your Store!
SMART STYLES AND QUALITY
? MERCHANDISE ?
Y 9 ? \
J Featuring Women's and Men's Ready To Wear
' Coats, Dresses, Hats, Kayser Hose and Shoes.
V ?
Dupree & Turnage
F. G. DUPREE, Owner < W. J. TURNAGE, Mgr.
JAKE'S
THE POPULAR
FILLING STATION
" \
Drive Out?Enjoy
YOUR FAVORITE DRINK AND TUNE
While Your Car Is Expertly Serviced
? SERVICE WITH A SMILE ?
? . * ?? *
DANCING ?COCA-COLAS FROZEN!
\
yUly
_____
Washed Off Highway
By Flood Waters En
route To FarmviDe.
.: ? ? ?> . * . \
Mr. and Mrs. George Moye and
ion, Billy, 12, of Forest Hills, N.
f., vacationing with Mr. Moye's rel
itives near Farmville, have plenty
>f first-hhnd information about flood
xmditions down South, including
heir own' story of being washed in
jo the Meherrin River at Emporia,
V&, .
"? ""iJ orni/t wntppR. that
1UIS. UIVJD KUU SI.U? ... ,
crossed the highway at Emporia!
>verturaed the automobile. Mr. Moye
laved Billy and a highway worker I
rescued Mrs. Moye. "I can't swim I
ind would have drowned/' said Mrs. I
Moye, still excited about their har- I
rowing experience.
After their escape from death they j
were ushered to a hotel in Emporia, I
saving all their extra clothing and
lutomobile in the muddy waters of I
;he Moherrin River. "And to make!
natters worse," said Mrs. Moye, I
Ve were stranded in an Emporia
lotel for three days without lights
ind water."
When the Moye family finally
nanaged to obtain transportation I
facilities?a Toonerville trolley ?
hey came to Rocky Mount and took
i bus through Greenville to 'the home
)f relatives in Farmville. . I
But this isn't the first wet vaca
,ion the Moye family has experienced I
iown South. "We've seen many
iownpours of rain on previous
risits." I
PENNSYLVANIA VET
GROWS 53RD CROP
Doylestown, Pa?George Brush,
17-year-old veteran cigar leaf grow
er, paused long enough one day this
iveek in his job .of nipping the top
suckers off his 1940 tobacco crop J
which he was nearly ready to cut, to
tell the ? secret of growing good to
bacco.
* "Feed the soil well and don't try
to raise more tobacco than you are
able to take good care of," he said, I
when interviewed in his six-acre to
bacco patch in Washington Boro.
And he ought to know for he has
been working in tobacco ever since I
he can remember?this is the fifty- I
third consecutive crop he1 is growing
?and he has been growing tobacco
continuously on the same ground for
forty-five years.?Tobacco.
1
FOOD: A PEACE BASIS
There can be no doubt that in the
post war reconstruction, nutritional
policies (of nations) will play a
great part. First, we shall haVe to
face the urgent need of restocking
the depleted food supplies of all the
belligerent and ever some the
neutral countries. Our objective
must be to secure the adoption by
all nations of policies designed to in
sure that adequate supplies of the
right foods for health and wellbeing
should be available to all. \Such
policies will have the most beneficial
effect upon agriculture and will al
so stimulate international ' trade.
Their adoption will allso make for
greater social j'ustice between the
classes.?F. L. McDougall, ecorfomic
advisor to the Australian Prime Min
ister and member of the Economic
Committee of ? the League of Na
tions, writing in the current Rotar
ian Magazine.
AVERAGE SHARE AT $51.82.
I Total market value of tobacco
shares listed on the New York Stock
Exchange was $1,448,618,363 in July,
according to a compilation issued by
the exchange. Acreage price per
share of all listed tobacco stocks on
July 31 was $51.82.
_______ .
FALL HIGHLIGHTS
? IN EXCLUSIVE STYLES ?
QUALITY FABRICS?NEWEST SHADES
WE OBSERVE MARKET OPENING
With ?
Spulal 10 Day SaleS
COATS ? SUITS - DRESSES - HATS
? Dresses?At Ridiculous Prices ?*
Values to $8.95 for $2.95 ? Hats $1.00 I
Fur Trimmed Coats ? Sport Coats Ti
4 $6.95?$9.95 up ? $5.95?$8.95 up
- Lay Away Plan ? $1.00 Deposit Holds Any Garment
%
Darting Dress Shop
Main Street Earmville, N. C.
On Our Way
?? TO THE ??
PARAMOUNT
THEATRE
?? TO FIND ?t
PLEASANT - PROFITABLE
RECREATION
? IN; ?
' THE BEST AND LATEST "1
i , PICTURE RELEASES
? L
% *
* I
? SHOWS OPEN ?
l
Week Days. 1, 3, 5, 7 and 9 P.M.
Saturdays 11 A. M. to 11 P. M.
Sundays... w.;:.....At 2, 4 and 9 P.M.
u *. ? ? . v.rf r ?- ?? ?
,t.. .. ......... . ^
r t ?
Paramount Theatre
:'f''* .? f * ^-;?. :; ? ? ' '.' ; > U: i
jPERRY REAVIS, Manager Farmville, N. Carolina
...i.iiiiiiHiiiiiiiiiiiiiiiiiiiiiuiiiiiiiiuiiiiiiiiiiiiiiumiiiiiiiiiuiillllllllillilllllllllllllllllllllliniillllllllllllllllllllllllllllRI
SELL Your TOBACCO at FOUNTAINS* in FARMVI1LE
WE THANK m m
OUR SALES TRIPLED IN 1939.
SATISFACTION IS THE ANSWER.
SffiET YOUR FRIENDS AND SELL
YOUR 1940 CROP AT FOUNTAINS.
y
!\ ' V'V?.
< # "
Tb. MWt WBbnt. SIAIE
. ?
SELL WITH US.....
AND GO HOME SATISFIED THAT
YOU HAVE RECEIVED THE TOP
DOLLAR, BEST OF SERVICE AND
THE HIGHEST MARKET'PRICES.
KHW.HO.VnKTLOU!
lb will law a First 'Sale Ooenine Dav Tuesday Sept. 3rd' Also oa Friday Sept. ttk and Monday, Sept. 9th.
' ? ' v 1 ??? 1 ? _____
RENDERING YOU PROMPT and COURTEOUS SERVICE and SELLING YOURTOBACCO HIGHER IS OUR BUSINESS. WE INVITE YOUR PATRONAGE f
?. - - ? - - ? _? : ?
* a. * ami' ??? ^ vw ve M vv vi VP
1 A VI I I I I
I I fell r Vkv m i^Ei9
^ ? ^ ? , w WAmatrrrrr,
"Tiw rotHtfni v hattqf' r \ JOHN FftllNTAIN and CLYDE WEBB Saks M s FARMVILLEL N u
? \
_ _ ?.* 1 . . -^1