Newspapers / The Elkin Tribune (Elkin, … / April 20, 1939, edition 1 / Page 9
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Thursday, April 20, 1939 3fiiL Washington. AprlL 18 The sorest spot in the nation's ec onomic set-up is cotton. It is also a point upon which a sharp controversy is raging between the Administration and the Senators and Representatives from the cotton-growing states. The problem is how to move to market the 11,500,00 bales of cotton which have been held over from previous years, carried in warehouses by the aid of govern ment loans of a little over eight cents a pound. Cotton expui u5 have declined from a former av erage of seven million bales a year to under four million. The cotton planters of the South produce an average of twelve billion bales. Foreign and domestic markets combined will not take more than ten billion bales at a price that will enable cotton owners to pay off the gov ernment loans against the stock in storage. The Secretary of Agriculture A and the President have proposed r to pay owners of stored cotton a bonus in cash to release their cotton for export at 6V2 cents a pound, at which price it is fig ured that an additional market will be found for two million bales. That amount would about balance the annual surplus. The plan would cost the Gov ernment from sixty to ninety million dollars a year. A part of ic is the proposal to Increase duties on cotton manufactured goods, to keep products made from American cotton from com ing in to compete with American textile menufacturers, and to pay subsidy on goods exported to compete in foreign markets. Proposed Solutions Th e Smith-Bankhead bill which has passed the Senate, proposes to solve the cotton prob lem by letting farmers buy back the cotton on which they have received eight-cent loans, for three cents a pound, on condition that the growers reduce produc tion this year to compensate for the cotton they buy; and that instead of price-stabilizing loans growers of this year's crop be tITi'VI NEVER SEEN SUCh ""ffiP W refrigerator values as |C|W-»j!' ilfi | these Silver Jubilee Keivinators. reSTfe?™-..-jL v-s They'll change your ideas about lln Hi refrigerators—as the first electric B^JjPßiiii^vTilliil refrigerator, made by Kelvina- ffijrMpllyr*rg tor 25 years ago, changed the H ideas of that day I This streamlined new Kelvin- 1 ator is powered with the silent tional new cold-making unit that uses current only 20% of the timet *||S mj *•*•» And talk about new features! Jj J See these—and many morel ~~ *" "* New Cold —holds 14 lbs. of meat. SMALL CASH I • Roomy Vegetable Bin lets you buy in quanti- PAYMENT! I «—— —' BALANCE eubcc out iMtantlj. ' | MONTHLY! | 'gaSZT.Sr'l DUKE POWER CO. These Three Have Free Tickets Awaiting IMK ■ , f| : : ißßff: There are two free theatre tickets at The Tribune office for each of those pictured above. Tickets are good for admission to the Lyric or Elk theatres, and may be had by calling in person for them. There will be six more free theatre tickets given away next week to the persons appearing in this space. Maybe your picture will be next.—(Tribune Photos.) given a subsidy of three cents a pound on all they grow. The estimated cost of this plan would be $lO5 millions loss to the Government on cotton loans al ready made, and SIBO millions on this year's crop by way of sub sidy. Another farm crop whose grow ers are beginning to demand more protection from Govern ment, is sugar. Here the prob lem is not one of enlarging our export market, but of keeping foreign sugar out of the domestic market. The sugar situation is a com plicated one. Under the Sugar Act of 1937, the Secretary of Ag riculture annually estimates the total domestic consumption of sugar for the preceding year. The law now provides that only fifty five and a fraction per cent, of the nation's sugar needs may be grown in the United States, about 45 per cent, being allotted to for eign countries, chiefly Cuba and the Philippines. Can Ship 800,000 Tons Under the Philippine Indepen dence Act that country is en THE ELKIN TRIBUNE, ELKIN. NORTH CAROLINA titled, for several years, to ship 800,000 tons of raw sugar and 50,000 tons of refined sugar to this country free of all duty. Under the reciprocal trade treaty with Cuba negotiated by the State Department Cuba has to pay only nine-tenths of a cent a pound on sugar it ships to the United States, and is allowed to send into this market roughly two million tons a year. Definite limits of the tonnage of sugar which other nations may send to the United States are fix eo by percentages of the total es timated consumption. All coun tries except Cuba and the Phil ippines have to pay $1.87 cents a hundred pounds duty. Hawaii, Puerto Rico, and the Virgin Islands, all important sugar producing countries, being a part of the United States, pay no duty on their sugar shipped here. Part of the sugar control plan is the payment of subsidies under the Soil Conservation Act, to re ward sugar planters for keeping their sugar lands out of produc tion. These subsidies, of $24 an acre a year, run into big money for the large sugar companies producing cane sugar in the South and the island territories, and beet sugar in the West. One comparatively small sugar company in Florida, by reducing its acreage in cane, received $437,000 cash from the Govern ment last year; and some of the large Louisiana companies get annual subsidy payments run ning to millions. Support from Florida Under this system Cuba sup plies about two million tons of the annual domestic sugar con sumption of around seven million tons; the Philippines about half as much. A group of Senators, headed by Senator El lender of Louisiana, and including most of the mem bers of both Houses from the cane-growing and sugar beet states, has started a movement to revise the Sugar Act, limiting permitted imports to 40 per cent, or less. The proposal has strong support from Florida, where two or three million acres of caneland might be utilized were it not for the foreign and domestic quota restrictions. Administration opposition to any change in the foreign sugar quotas is based upon the benefits to American industry which it is contended have been derived from the Cuban trade treaty. In exchange for the reduction in sugar duties, Cuba granted re ductions on more than 400 dif ferent American manufactured items. The result, the Commerce and State departments contend, has been to increase sales of American goods to Cuba from around $25 millions a year to more than $95 millions; while Cuba is selling $75 millions of sugar to this country. OFFICE TO BE OPEN 3 DAYS NEXT WEEK The branch office of the Win ston-Salem Production Credit Association at Dobson will only be open next week on Monday, Tuesday and Wednesday, accord ing to an announcement by Au bry P. Snow, who is in charge of of the Dobson office. All farm ers who desire a crop loan are requested to place their applica tion as soon as possible. How ever, farmers who are unable to come to Dobson on the days the office is open may come to the central office in Winston-Salem. The numbers of loans made in Surry county this year to date has exceeded those of any prev ious year. This is attributed to the fact that the interest rate has been reduced to 4% per cent. THURMOND Mr. and Mrs. Earl Roberts and small daughter, Earline, of West Virginia, spent some time here with the former's parents. Rhyodenia Kennedy visited her sister in State Road. Mrs. Jim Poindexter. This community welcomes our new neighbors, Mr. and Mrs. Quinton Spicer and family, from Elkin. Mr. and Mrs. Roy Simmons visited Mr. and Mrs. Gene Cock erham, of State Road, recently. Miss Lillie Norman, of Elkin, has returned home to stay for a while to rest up from her work. Mr. and Mrs. J. D. Cockerham and little son, Jasper, of State Road, visited here last week-end. Miss Helen Simmons, of Elkin, spent the week-end here with her parents. Robert Owens, of the CCC camp at Lexington, visited his mother here last week-end. Mrs. Reba Norman, of Alle ghany county, visited her parents here last week, Mr. and Mrs. W. W. Calloway. Miss Gladys Hall and Mr. and Mrs. Claude Nixon and family, NOTICE North Carolina, Surry County. In the Superior Court. William Baird, Jr., vs. Caro line Musters Baird. The defendant, Caroline Mas ters Baird, will take notice that an action entitled as above has been commenced in the Superior Court to secure an absolute di vorce, and the said defendant will further take notice that she is required to appear at the of fice of the Clerk of the Superior Court in the Courthouse at Dob son, North Carolina, on the 24th day of April, 1939, and answer or demur to the complaint of the plaintiff in said action, or the plaintiff will apply to the Court for the relief demanded in said complaint. This the 24th day of March. 1939. P. T. LEWELLYN, 4-20 Clerk of the Superior Court. Only a nvillionairo oaa afford to b« without iwrniM HE WOULDN'T! PAUL GWYN INSURANCE Phone 258 West Main St. Elkin, N. C. all of Dobson, visited relatives here for a short while last Sun day. Mrs. Delilah Turner, of Vir ginia, is spending some time here with her daughter, Mrs. J. A. Norman. Mr. Joe Holcomb, of Fries, Va. ( visited his nephew here last week-end, Mr. Went Holcomb. Miss Pauline Moody is in Greensboro visiting her sister. Mr. and Mrs. Arlie Simmons and family paid a visit to the latter's sister in Mountain Park last Sunday, Mr. and Mrs. Cul mer Wood. Mr. Joe Simmons, who has been ill for a short while, is im proving somewhat now. We hope for him and all that are on the sick list a speedy recovery. Mr. and Mrs. Paul Norman and little Paul, Jr., visited the latter's brother in Mountain Park last Sunday, Mr. and Mrs. James Lowe and family. v Mr. Will Bell, operator and owner of the Bell lumber plant here, is building a new home near here wnicn will seen be re«dy for occupancy. This community is thrilled to think that the electric light line NwlowPmce For a Brand New 1939...Fu1l 6 Cubic Foot...GENUINE FRMBE-MEIMBI 'S2pa-ttt&e6"W^S\ Has the Sana Simplest Refrigerating Mechanism—Sam workf-f anions Meter- J QHV' Miser—same 1-Piece AO-Steei Cabinet Construction—the same finest featnres \jZ-\ -TaITIIS 1 of qnatty and performance as other Frigidaire models costing up to SIOO morel/vo/ gy T® • Now ... a genuine Frigidaire—full 6-Cu. Ft. capacity—at a new low price! A SUPER-VALUE if there ever was one! Built to the same high standards of the finest Frigidaire made! Yet priced for families of modest income!... Beautifully styled and finished Has Frigidaire Q Suoer-Freezer that makes ice cheaper than you can buy it—Frozen Storage Compartment—3 All-Metal Ice Trays with Automatic Tray Release—s-Year Protection Plan backed by General Motors—and many more! Never before has so fine a quality refrigerator been . priced so low. See this brand new Frigidaire "SUPER-VALUE 6" today! (| HAS ALL THESE FEATURES! Meter-Miser • Simplest Refrigerating Mechanism Ever Built • 1-Piece All-Steel Cabinet • 5-Year Protection Plan • Ail-Metal Ice Trays with Automatic Tray Release • Automatic Reset De- ;||g|H ftoster • S:ainless Porcelain in Food Compartment • Durable Dulux Exterior * Super-Freezer • Frozen Storage Compartment - Cold Storage Tray • Uni-Matic Cold Control • Touch-Latch Door Opener • F-114 Refrigerant • Silent Sentinel • Cold i 1 | Speeder Condenser. WK—— " MADE ONLY BY GENERAL MOTORS HMlljlllM —lgll COME IN—SEE THIS VALUE SENSATION! Harris Electric Company PHONE 250 ELKIN, N. C. NO OTHER LOW-PRICED CAR CAN MATCH II! ★ Before you decide on any new car, learn They're driving the car that gave the BEST GAS for yourself why this year's Ford owners MILEAGE of all leading low-priced cars in thi* are looking so pleased and SO proudl .. . yearns Economy Run! (85 H. P. rord V-8.) I«£ro° p with che BIGGEST HYDRAULIC They eojoy the MOST ADVANCED STYLING in BRAKES ever put on a low-pnced car! 12-mch i ow . price fie | d . drums, 162 square inches total braking surface. The? rid. O. ,h, ONLY STABILIZED CHASSIS They the LOH6EST MDEBASE of .a, among all low-priced cars. Only one with between Torque-tube drive and 4 radius rods! springs!) They get the smooth, quiet power of the ONLY V-8 ENGINES any Sea your Ford Dealer and see for yourself... this is the year to go mihJt IXCILS IN THI THINOS THAT COUNTI See the New 1939 V-8 Fords At Oar Showroom! ELKIN MOTORS, Inc. SALES SERVICE Is to be extended through here and is actually getting under way at once. This is expected to add a great deal to the upbuilding of the entire community. A fine baby boy was born to Mr. and Mrs. Curtis Baugess last week. Everybody come out for Sim day school and preaching next Sunday and bring your friends. TO HOLD REVIVAL AT BESSIE'S CHAPEL Beginning Sunday evening and continuing through the week a series of revival services will be held at Bessie's Chapel Baptist church. The first service will be Sunday evening at 7:30 and ser vices will be held twice daily, at 11 a.m. and 7:30 pjn. during the week. Special quartette singing wiil be a feature of each meeting. Rev. R. E. Adams, of Mayodan, will assist the pastor, Rev. E. G. Jordon, in the meetings. A cordial invitation is extend ed the public to attend. A cummerbund is a kind of sash worn around the waist. NOTICE! Elkin Masonic Lodge No. 454, meets every 2nd and 4th Tuesday nights at 7:30. All members re quested to be present.- Signed: Secretary of Lodge. tic Men's Half Soles and Rubber Heeb—ll.oo 10 Free Shoe Shines with each SI.OO Job. All materials and workmanship guaranteed. PAUL'S SHOE SHOP Complete Variety GARDEN SEED F.A.Brendle & Son ttikin, N. C.
The Elkin Tribune (Elkin, N.C.)
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April 20, 1939, edition 1
9
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