Annual
AndThe:rWc!I-CoItir
cctor In Progress Stoiy
'guYing feature of jbe
i economy, ,and . .aL major
in its production and growth
), j he enormous investment
being 'mk annually in
; aV we'll' la' in tli material
4 of production represented by
I expenditures for plant and
,T - i f v
" ).is type 9C investment to furth
v.e wlMing. of the American
'.e t,toh'ate4 ' Brgeiy'in
i areas, of education) health, and
t brobd field contributing to
sale and 'peace of mind," in
rent. ti- life insurance and other
, . dividual . arid ' family : protection
r: wngrainsl to" rrieetf tieleconomic im-
act of t deaths" disability and re
tirement The growth of these out-
I ays is in keeping with the mdus
"dalisatSori and increasing com
; 'exity ii our society, plus the rec-
jnitlin that the, extent to which
i orkerajare able to utilize capital
od pjrofitably depends largely on
ir training, health and attitudes,
Magnitude'
cjal, magnitudes
a investment in'
s.regate is now of
e same order as the $35 billions
v hich, fh Securities and Exchange
Commisjeion and die 'Department of
Commerce estimate that business
and industry will' spend on expan
sion thjjs'1,year. 'A large part of
these multi-billion dollar outlays is
from private sources, with business
and industry playing an increasing
role ' .
The .estimated v 1966 plant and
equipment expenditure figure, inci
dentally, 4s 23 per cent higher than
the previous record of $28.7 billions
established lanfc year. , Its size Dot
only helps toe5tplain the strain on
the capital mrEet and the money
pinch that hats been prevalent in
recent, month but has brought
widespread realization of the' need
for more perona-saving .'to meet
the investment 'i&eds.lni ' our;.e3(
panding econalm on a sound basis.
' S14 Billions for Education
Government Compilations show
that the. anniat American invest
ment in education reached a record
total f $14 Jftllions in 1955. . That
sum represented last year's expend-,
itures for . pfiblicly and privately
AT
Hertford Hardware
&. Supply Company
la
7 HtA'f'
t 4i
OZVt uVYTH
IpvcstnJsrifc
controlled education, including caVi-
tal outlays; and was up some 9
Wiltons, or 60 per cent, in we law
five years. The portion or this
cost borne by private sources ap
proximated $2 Wiltons, or just
under ji fifth of the total, wiin
higher' education representing the
larger part! ' -a ' ;!. !' .'
From the long view, rising out
lays for education have been a ba-
aw Ivtoje . in . Americaa increasing
man&genrciiv ruu kvi"w ........
how" and in the spectacular ach
ievements of research and develop
ment. They also nave Deen tne
foundation for the increasing skills
of the working, population and its
ability to 'handle the complex ma
chinery and processes of our in
dustrialized society. 1 As for direct
benefits, to the individual, U. S.
Bureau of the Census studies show
marked differences - in average
earning power with increases in
educational attainment. .
Our! Health Record
Such widely-familiar r achieve
ments as the marked increase' in
the average life span today as com
pared with the. past, and the con
quest of once deadly diseases par
ticularly those ,'o childhood,' testify
to the .strides Imade ,on the yiealtpi
front. ' Major factors in this
velopment have beenHhe discover
ies of the medicaf scientist and the
laboratory,; and the ; expansion of
medical facilities: throughout , the
country. ; . : ...
For example, the U. S. depart
ment of 'Health, Education and
Welfare recently reported ; that
more than 3,000 medical and hospi
tal facilities havejieen added to the
country health resources' in the
last decade, including 550 new gen
eral hospitals built in communities
which never had a hospital before.
The nation's hospital bill, including
construction outlays, was placed at
$6.3 toons last year, about 40 per
cent; more than in 1950. : An in
creasing part of these hospital out
lays, as well as other medical care
costs, is being met by voluntary a
cident 'and sickness insurance,
i t - Protection Programs ;
Group coverage,.. with the. em
ployer, footing the major part of
the -cost,, has been developed to a
highs degiee i? the field of. indi
(('!
it
M"1
t
AicGHieii '
mmmm, h m A fc A4a
T
viduai and family protection, . and
test of millions of person are
benefiting thereby. Contributions
into private pension ami retirement
funds, which now cover one-quarter
of alt persons in private- nenfam
employment, approximate rec
ord S3 ft billion ia 1966. Group
life insurance premiums now ex
ceed a billion dollars annually, ana
in ne case o group amurac
sickness protection the annual pre
lum total ia approaching the S3
blllioa mark. AH , these figures
represent marked gains over the
1960 totals. " ''
PtrbBcly-sponsored programs Das'
ed on. the taxing power of Govern
ment '.are also an important factor
In the aetement ToUi pay
ments iiito the OAST, Railroad Re
tirement5! and public employees' re
tirement funds combined aggregat
ed around" S7 billions last year. A
large part of this cost is also being
Born by the employer.
tockon Dates
AmisuncEdFor
Worth' '' Carolina V' Farm 5 Bureau
memhera will tcabher for tneir
twentyrfisst' annnal1 convention in
Charlotte, November1 18-21.
Farm Bureau' delegates will ga
ther, to , elect 196,7 ,ofieeT, recog
nize outstanding eeuWty member
ship -worKers awi xo touiu'
mendWaons for TmH Btareau jegis.
lative and administrative policy.
Delegates, m consiaea-inR jiunvy
recommendations, will study almost
vr . anas ef North. Carolina
They will ls hear addresses by
organisational and political leaders
wh haw distinguished tiiemselves
by their service t agriculture.
Organizational leaders scheduled
to speak are Charles Marshall,
president of the Nebraska Farm
Bureau, and Marvin McLain, assist
ant secretary of agriculture, Mrs.
D.iW. Bond, chairman t the Tennessee-Farm
Bureau Women, wilj
speak to- the annua! meeting of the
Farm Bureau' Women. -4't
Tar Heel political, leaders ' to
speak are Senator W. Kerr Scott
and 4th district Congressional Rep
resentative Harold JD, ..ICooley.
Cooley ia chairman of the House
itgrlcolture Commkteei
' Speakers representing the North
Carolina and American Farm Bur
eaus, wilr be. K. Flake Shaw Sfete
Farm Bureau, executive viceipreai-
dent; A. D. Williamsr president;
Mrs. John B. Chase, women's chair
man, and O. R. Long, field 'direc
tor of the American Farm Bureau's
Southern Region. ' ' . -
Farm Bureau policy formulation
will be the most important conven
tion activity. .
Recommended policy will be con
sidered by a statewide resolutions
committee, composed of county
Farm Bureau presidents, chairmen
of commodity committees and Mem
bers of the State Farm Bureau We
men's committee. Onairoaan el the
resolutions group is B. C. Mangum
of Henderson, Farm Bureau vice
president ,-1 1
Committee recommendations will
'be submitted for final vote to the.J
delegate Doay at tne closing session
of the convention, November 21.
The resolutions committee will
open its sessions, November ,15,
three days before the beginning of
the . convention. The group will
study resolutions submitted By
Farm Bureau county units and -rec-ommendationa.
coming out ot the
convention's annual commodity can
ferences. -. C -' :J
Commodity conferencea will be
held Monday, November 19 in the-
Hotel Charlotte and will include
talks on dairying, peanuts, tobacco,
field crops, cotton, poultry, fruits,
j vegetables and potatoes.
Monday's convention activity will
also include meetings of the Farm
Bureau Mutual Insurance Com
pany and the North Carolina
Farm Bureau Women.
The annual Farm Bureau ban
quet ceremony will be held Tues
day, evening, - Farm Bureau - offi
cials said the banquet would be the
feature event qf the convention. .
' The banquet wilbe followed by
a ceremony honoring a North. Caro
llna farm leader with tha Farm ur
Ir-eau's Dwtinguiaaed Service ta.AD
WjCUiture Award. Last year,-the
award went te Clarence Pea, editor
of the Progressive Farmer, .
Ob:DL:::rsTo
Prc::inr;rr!:':;
; 1 ariuay mgm, novemoer v, at o i
'flncl Janrv Ol cf CTl( '
aet eemedy, "Me and My Shadow",
in th kdMol auditorium. .The play:
wa erroneously reported te be
presented . Friday night- of last
week.
In the play Roy r 'Harrington,"
Paur Blanchard. ia a young lawyer
whose mother-in-law, "Mrs.-King,
Paige forehand has uevey appror-
ed of -Mb marriagir to" her daugh
ter, "Arleen," Lillian HollowelL
Arieen is learning first aid and
practices on everyone' she meet?.
"Dr. Bruce Douglas," J. Ri Iiane;
spends the week-end with fioy whett
Arieen 'goes to a neighboring' city,
Trouble Begins When a young. East
Indian girl, "Shadow, Loretta
Spivey, is saved from an attempt
ed urder by Roy, 'who brings her
honie only to discover that she re- j
fuses to 'leave him. He and Dr.
Douglas double their efforts to get
rid of Shadow upon learning that
Mrs. King is on her way for a visit.
Interference on the part of a nosey
neighbor, "Mrs, Butler," Shelby
Jean Hollowell, only makes things
worse. Arieen comes home and ex
citement reaches fever pitch.' "Su
san," the Harrington maid, Mar
garet Kay Copeland, further com
plicated matters. The audience is
practically in hysteria by . the time
the surprising conclusion is brought
We HavfoXt
wnpliielStOclcOf-
PLU!,1I1IG
It
s
including
1 .'.
Bathroom Fixtures
Electric
Water Pumps
Electric 1
Water Heaters,
Pipe and 'Fittings
Kitchen Sinks
, Coll Us Sor Your Needs
prices are right! .
PHONE 5401
Harris Plumbing '&
Building Supply Co.
HERTFORD, N. p.
TAYLOR TllEATflF
y EDKNTON.M.C
Saturday Continuous rm ItSI
Sunday, SttS. J5 and f i48 ;
Thursday, November 8 1
Bette Davis and -
Ernest Borgnina- in
"THE CATCKED AFFAIR" 1
. 1 f 1 11 1 1;
Friday and Saturday,
November MO . if -Double
Featara 4
: ! Rory Calhoun in i " ,
, ' . ! , '
! The Bowery Boys In , r
, . "FIGHTING TROUBLE ;
Sunday and Mndy, -T
Moramner lKUv 1 '.;!
Audie Morphy and '
" Ann Bancroft in ;
WALK THE PROUD LAND"
CkiemaScope'.1'
Tuesday and Wednesday,
Nwvember,13-14 - J ' ,
4 John Pym and ' ''J
'' ' " Rhonda Fleming i '
"SLIGHTLY SCARLET"
"AMAZON TRADER"
HI-WAY n
DrivD-lnTI:::lre
EDENTON, N. C. .
. Edenton-Hertferd Read .
CinemaScope Screen
Friday and Saturday, '
November -l-
DouDle Fearore ''
' George Jdpntgimery: In '
1 THE Sil.-2T SPBAi-.;
,i" 4:-:
Sunday, Nwvenrner II
Glenn Ford In J
THK AMERICANO
Monday and Tuesday,
November 12-13 ,
Jeff Chandler te '
"FEMALE ON TE2 tSACH"
, First Edenton Sorl.?g
Wednesday and ThuT:iiy,
November 14-15-" , '
' - Fred Ai-'- In '
"DADDY LC: Jl L'
atk . I by Mrs. King. . "Saba," an
E& t India mystic, is! ably por-
trt -ed by Johnny Perry, while lv
sei Wiggins gisrea a fm perform
ance of "Hickson," the county sher
iff. , , ; '
Special music will be given. by;
tmuy Lary, iway vnue, Ann
Pearce, gammy Bwis, and Jerry
White. " v ' ' '
The public is invited to attend.
A small admission will be charged.
Trjee Practices Eligiil
Conservation Reserve
L.' L. Lanei Chairman of the Per
quimans County Agricultural Stab
ilisation and eservatitr Com-
mittee, advises Aat several Jiapwrt.
ant points under the Conservation
Reserve are essential for farmers
who are planning to use tree cover,
on their Conservation Reserve land.
He reminds farmers that in cas
es where the Conservation Reserve
is to be established in tree cover
the."' contract period is 10 years,
However, if seedlings are not avail
able the contract may be extended,
but in 10 case can it be extended
beyond 15 year.
r It the entire' Conservation Re
serve is planted in trees the mini
9mi nuiAtert chang 4
DIRECTORY t
ChtUtophef Cdtanbu
diicovered America in
' 1942. Thit number! Will .
almys be the sime. But
liotie nnmperi! dp ohtngej j
Like telephone numbers. , ,
Thst's why it slwsys .
payi to check the
directory before calling
Yea will be kelping
yewielf to even
better service. '
THE NORFOLK ft AROLINA
TELEPHONE & TELEGRAPH
COMPANY ?
E, City . Edenton . Maatet) ,
A.'-..'.
t
'I'
r
7
r
i t
c r jCtcJ
i ! r s i
i.t,. . t - .
t:C02)DIl
ffe;,;(rrr-
' ' " i '. 1 ' ' l ' ? a " ri 1 ',,4.', , 1 ii - I 7' 1
. J..-. .
mum rcreL w ind on a fan
which may be ut into the E ogerve
ia two acres. ' If part of the Con-
1 v
PirccbcS Left Wiil, TI.3 Ccrr.pc;. 1 o
' Jeffprsofi Standard's investment record
is (fiitsianding in the life insurance in
dustry. Expert majiaerxient m a k e .
every investment dollar; yield its treat-
est1, safe' return. Jefferson
HERE'S AN ACTUAL CASH
Jhit Bldk Thousht
or The rutur
Mr. Blake died leaving $20,000
life insurance to provide income
forjhis wife. This arrangement
provided for a 2yt interest ,'
rate on funds held ia trust for
beneficiaries. , , ' -
When' Blake 'diea? nVWlfe'r." s
ce'ifed n00t00month fr.pim his"
we, .insurance..,, , tr, iti.f3)tlU
4 1
i' I"
At the end of 21 years and 5
months, the payments to Mrs.
lake stopped.
oll Your Nearby
TMrTn
The Jefferson Standard guarantees
2tt on fad held for policyholders .
and beneficiaries. However, the Com
pany, has paid 4 or more sinca-'iC
began business in 1907. The above
settlement ia predicated upon earn-
ings of i on funds held in trust
More Ton
V
r ruth r-
. i so soon I
- .' ,.
servation Reserve is 'am
trees and part if ia oth. r
minimum acreage is 5 a rea, w h 2
excellent -
poaslbw tp ;(
income do!" .3
beneficiary..';
Standard's
iiif!,"
-f ; J 1 1 ti
SlMMll '
.Mr. White died leaving? $30,000 life
insurance; 'BUT Mr. White's : pfe'
; insmran-e4 ai with the Jefferajn
'Standard which pays 4 (fuarajW
tees 214.) on funds held in trust
; M. .'in. . .'a'
zor oenenciaries.
"When Wfiita'jfliefL W wifnMaJad'
1 T
.'theend
months, Mrs. White eoakf look far.
ward to & yean and 6 months more
of $100.00 per month payments;
She received $6,609 MORE M J
from the JenTersoa Standard
Jefferson Standard Agent
Phone
-Jefferson Standard
im BWon JfeMWf r
jJ lz
v -
jf fr s-' r
J t I." f1
.is j.ie minimujm tT, ir"j b r i t
i.i trees. I Mlt ti jfc ? , ( ( j
HYA WEEKLY CLASCIFILJ
nWWIWPiiniywnnrrVI'rVr
vrJa frxcxa
t return thai c:iir ft ; ,
At greatly incnaae. uh,
to the'-Dolicyliollir or"
;,'"iivl'?,.i,'.v.'3!...,:4Ra. MjiWf
' . ' ' ' ,1 I 1 U. J . t V .
4 '
t
. . , . K . - it
M' . Il J! I 'I j' t
Chariot White , Theuf hi .
- Cf jhi Furure, Too. . . .
.r'rj;-.,..i:.i:.:'1r .!. .
1
' " .-
(il l 16.
I'li.TVi'li.Jrf'i.'l'-'
y.i;;s;.;fi..u.t;.t rn.-i.
f 2r years and' $
Today. Mt br
raw.raG:i
City 2052
.tv.,J.eVI-(G
Foree. ' ',-J
u n
''i'lftl-SitVri.f',
.. , 1
!. ij!;! 'i.ti 'f , ji 'iiji;
ati 6,'V C fefv-1'1' vj .
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1-;
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,k-;.lWf ':t'llil-?j j 'to
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;tvVi:iV--M't:s!w'- .
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vij-:3:!.'i:ii
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High Ediool will present a tI c-