PAGE EIGHT
PARAGRAPHS ON
NATIONAL PROBLEMS;
(Continued from pas:e one)
' made with Brazil, while open to
' the world, can have no effect when
other countries do not produce
• coffee.
A new hard-boiled policy has
been put into effect by the Bureau
of Internal Revenue, which is
rigorously pressing for payment
of all income taxee-j and other
payments which it believes are
due the government. According
to officials, the Bureau has no
discretion but must enforce pay
ment in full. Protests a re disre
garded and compromises are per
mitted only where there is doubt
as to the liability of the taxpayer
or the collectibility of the tax.
Of course, it is impossible for
the Bureau to examine the returns
of all taxpayers and, nerefore,
some get by with exemptions that
others fail to secure. Moreover,
some officials differ in interpre
ing the cases that arise in the
twilight zone of incomo taxation.
But generally, 'he Treasury is de
termined to follow a severe policy
toward deductions and compro
mises and to abandon the easy at
titude that existed in flush times.
The Bureau expects to increase
the tax yield by? 85,000,000 this
year and to lay heavy penalties
against corporations which pile
up surpluses for long periods in
an effort to escape surtaxes. In
addition, much closer examination
is to be made into the "husband
and wife business" —sales of stock
and property from one to the
other.
James A. Moffett, chief of the
Federal Housing Project, is trying
to revive the heavy industries re
lieve unemployment, and prevent
another general maturing of pri
vate debt during a depression. He
is hoping that the government
guarantee of mortgage and con
struction projects within certain
cost limits will accomplish these
purposes solely through private
initiative and the use of private
capital. More than this, he is
afraid that the use of public capi
ta] in this field will drive private
capital into hiding again because
it would be unable to meet the
competition.
Recently, the President, after
tnuch discussion, authorized the
Administrator of the Federal
Housing Act to enlarge the scope
of its activity. For several months,
Mr. Moffett and his aides had been
Working on a "renovizing" plan,
"which has developed business of
more than $70,000,000 from pri
vate capital. Now, he is empow
ered to go into the mortgage and
new construction field, with a uni
form interest rate of five per cent
set on new home mortgages by the
President himself.
Those who have studied the
possibilities of the housing pro
gram believe that it is possible to
underwrite a vast business ex
pansion and, what is better, that
it will be largely based upon pri
vate underbßkings. By .making
credit more readily available for
the construction of new homes, it
is expected to provide employment
for thousands of men now out of
work in the building trades and
in industries producing lumber,
bricks, cement and other materials.
• That there is a great need for
new cons'ruction in many sections
TP-ipT
Paint the outside of your house to
protect it from winter weather.
Decorate the interior to make it
more livable during the shut-in
•eason. See us about the materials.
- We stock Dutch Boy white-lead
IW§»
Sails Etetythins} >
2C&SAAINST. «- T£l£PHoN£ 08
'
The
BEAUFORT SEA FOOD
is now located at 157 S.
Washington St.
Fresh Fish At All Times
SPECIAL
Large Trout, lb 10c
Medium Trout, 31bs 2sc
Small Trout, 4lbs 25c
Butter Fish, lb 10c, 31b 25c
Red Fin Croakers, lb .. 5c
Speckled Trout, lb lsc
Mackrel, lb 15c
Phones 1836 l6lO
' of the country is clear, because'
] of the almost cessation of home j
building in recent years. Experts]
estimate the shortage of homes in !
the country at from 750,000 to j
twice that figure. If cost of build-1
ing can be reduced, there exists (
the likelihood of great improve-1
ment in the construction trades
and related industries.
WILLIAMS TO WORK
FOR NOTHING
Washington dispatches state
that President Roosevelt has fixed
the salaries of the five members
of the newly organized NRA
board at $12,000 a year but that
S. Clay Williams, former presi
dent of the R. J. Reynolds Tobac
co Co., and the present chairman
of the NRA board, states that he
will not accept a government sal
ary but will be a dollar a year
man. It v is said + hat two other
members of the board will like
wise work for Uncle Sam ■'or
nothing, these being Arthur White
side, of Bradftreets, and Sidney
Hillman, who draws a salary as
President of the Cotton Garment
Workers Union.
RENEW YOUR SUBSCRIPTION
O O
LEGAL ADVERTISING I
o o
NOTICE
Under the power contained in a
deed of trust given by Hanry C.
Gay and wife, Annie M. Gay. to J.
P. Bunn, Trustee, on May 1, 1930,
recorded in book 306, page 7, Ed
gecombe county registry, the un-
Just Received ft
Carload Block v
Mules XIE
FOR YOUR SELECTION. THESE MULES ARE
OFFERED AT REASONABLE AND RIGHT PRICES.
SEE US BEFORE BUYING
AH Sales Guaranteed as Represented
ROCKY MOUNT
MULE CO.
Located In the Tobacco Planters Warehouse Stable,
Next Door to Easley Warehouse No. 2
N. D. PATTERSON And R. H. BAKER, Sales Mgrs.
Biggest Values In
Used Cars!
I .
These
Must Be Sold
PRICES HAVE BEEN MADE TO MOVE THEM
QUICKLY
NOT IN MANY A DAY HAVE YOU SEEN SUCH
BARGAINS
THE QUICKER YOU COME THE BETTER THE
CHOICE
Twin County
Motor Co.
Authorized Ford Dealer
A firm permanently located and prepared to back up
it's guarantee 1
i
1
THE ROCKY MOUNT HERALD, ROCKY MOUNT, N. C.
dersigned will offer for sale, at
public auction, to the highest bid
der for cash, before the court
house door in Tarboro, North Caro
lina, on Saturday,.. December 1,
1934, at twelve o'clock M., all that
certain lot of land lying: and beingj
in Rocky Mount, No. 12 Township,;
county of Edgecombe, state of I
North Carolina, and more particu-j
larly described and defined as fol- ■
lows:
Beginning at a stake in the
western property line of Pender
street, 90 feet northerly from the
intersection of the western proper
ty line of Pender street with the
northern property line of Ambler
Avenue; thence westerly and par
allel with the northern property
line of Ambler Avenue 150 feet to
a stake; thence northerly and par
allel with the western property
line of Pender street 60 feet to a
stake; thence easterly and parallel
with the first line 150 feet to a
stake in the western property line
of Pender street; thence southerly
with the western property line of
Pender street 60 feet to the be
ginning; and being the identical
lot conveyed to H. C. Gay (who is
the identical person as Henry C.
Gay, one of the parties of the
first part) by I. C. Zimmerman
r.nd wife, by deed recorded in book
235, page 39/1 Edgecombe county
registry.
October 29, 1934.
J. P. BUNN, Trustee.
(4t-N2—N23)
NOTICE OF SALE OF LAND
Under and by virtue of the au
thority conferred by deed of trust
executed by Frank Shelly (Wid
ower) dated the Ist day of No
vember, 1928, and recorded in
Book 294, Page 207, in the office
of the Register of Deeds for Ed
gecombe County, V. S. Bryant,
Substituted Trustee, will at twelve
o'clock Noon on
TUESDAY, NOVEMBER, 27. 193 i
at the Court House Door of Ed
gecombe County in Tarboro, North
Carolina, sell at public auction for,
cash io the highest bidder, the
following land to-wit:
Situated in the Town of Rocky
Mount, N. C., and—
BEGINNING at the corner of
Lots 8 and 21 of a plat hereinaf
ter referred to, said corner being
in the Western property line of At
lantic Avenue and 150 feet south
of the south west intersection of
to Atlantic Ave., and parallel with
thence in a wesierly direction rvfht
Atlantic Avenue and parallel with
Grand Avenue along the back line
of Lots 8 and 7, 150 feet to the
corner of Lots 7, 6 and 20; thence
in a southerly direction and paral
lel with Atlantic Avenue 60 feet to
the corner of Lots 20, 28 and 29;
j thence in an easterly direction and
I parallel with the first line 150
| feet to the corner of Lot No. 29
I in the wesiern property line of At
! 1 antic Avenue; thence northerly
along the western property line of
Atlantic Aveue 60 feet to the be
ginning, being Lot No. 21 in
Block "C" Logan property, said
: plat recorded in Book 75 at page
570 in the Edgecombe County Reg
istry being the same land convey
ed from Lawrece Boseman and
wife, Elvira Boseman to Frank
Shelly, by deed dated October 22nd
1910 and recorded in the Edge
combe County Registry in Book
135 at page 595.
This sale is made on account of
default in payment of the indebt
edness secured by said deed of
trust, and is subject to all taxes
and assessments against said prop
i erty whether now due or to become
due.
A five percent X& per cent) cash
deposit will be required of the
highest bidder at the sale.
I This the 23rd day of October,
1934.
V. S. BRYANT, Substituted
Trustee.
Loan No. 2318.
(N2 to N23-4w)
NOTICE
Having qualified before the
Clerk of the Superior Court of
Edgecombe County as executor of
the last will and testament of
Thomas S. Pope, deceased, this is
to notify all persons having claims
against his estate to present same
;to me, duly itemized and verified;
on or before November 1, 1935, and
all persons indebted to said es
tate are requested to make imme
diate payment to me.
Claims should be mailed to me
in care of Carter R. Pope, Battle
boro, North Carolina.
This 22nd day of October, 1934.
WILLIAM R. POPE, Executor
of Thomas S. Pope, deceased.
T. T. Thorne, Atty.,
Rocky Mount, N. C. (026-N3O)
NOTICE OF SALE
By virtue of authority in deed
of trust executed to me July 6,
1931 by James Jenkins and wife,
Louise JenkinS, Book 314, Page
274, Edgecombe County Registry,
the payment of the nf e being de
faulted, I will; on Saturday, No
vember 17, 1934, at twelve o'clock
noon in front of the Post Office,
Rocky Mount, North Carolina, sell
at public auction for cash, to the
L. A. GRIMES
,(tj
PLUMBING - HEATING
PROMPT ATTENTION TO
ALL REPAIR CALLS
PHONE 1304-J
534 Marigold St.
ROCKY MOUNT, N. C.
it | j
! I SHOW of Jewelry 11 i
||| 11::
I 1 ! Thursday, Friday and Saturday | | j;
||| November IS, 16 and 17
f T i T y f '■*
ill: • i!
£ S | At this time you will have an opportunity to view and purchase from a | | ;;
£ t | stock of jewelry, such as carried in the large cities. During this time a •£ j «>
* J | representative from the largest wholesale jewelry house in America, will + + ;;
| | $ be with me, with a complete line of watches, jewelry, and jewelry novelties, | | • •
+ J | also a large assortment of fine diamond jewelry ? f i>
i ?' I {I;:
* + + It will be well worth your time to inspect this stock and make your
ft'? * Christmas selections * $ «:
Ir| i i -
I++ Such an opportunity has never been granted the people of this com- T f ;;
1 ft- munity before I 2
\ % % t t I ;;
I * + j REMEMBER THE THREE DAYS THURSDAY, FRIDAY AND * +
% t t SATURDAY OF THIS WEEK ft I;
| 1$ f i ::
i ♦ t If:*
1!| JAMES M. FOX \\l
i • j Jeweler i j |
I I | 126 SOUTH MAIN ST. 1 ROCKY MOUNT, N. C. j J I
Iff I I ::
$ I i LjL y
highest bidder, the following: de
scribed lot:
Fronting 50 feet on the east
side of Woodland Avenue between
Grand and Virginia Avenue 3, the
northern line running back 197.47
feet, the southern line 220.75 feet,
and 55.14 feet on the back, and
What Banking Service
TbePlanters National Bank
And Trust Company
ROCKY MOUNT, N. C.
"THIRTY-SIX YEARS 01* CONTINUOUS SERVICE"
The Planters National offers through its own facilities and correspondents
a complete banking service
We strive to give a satisfactory banking service
Do your banking with us
The
Planters National Bank & Trust Co.
J. C. BRASWELL, President MILLARD F. JONES, Vice-President,
Cashier and Trust Officer
MEMBER UNITED STATES FEDERAL RESERVE SYSTEM
MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION
Which gives each depositor maximum insurance of $5,000.00
MW'tn
Living Room Suites" I
A Large Variety of Styles and Covers to Select From
3-PIECE SUITES AS LOW AS 75
OTHERS AT
$24.75 and $39
LET US SHOW
Enterprise Furniture I
COMPANY 1
158-162 S. WASHINGTON ST., ROCKY MOUNT, N. C.
PHONE 987 P. H. BRADSHAW, Merchandise Mgr.
SELL YOUR TOBACCO IN ROCKY MOUNT |
being lot No. 7 on the Rowland
map. Block 21, Book 2, Page 49,
Edgecombe County Registry.
This Octob'er 13. 1934.
C. C. PIERCE, Trustee
J. W. Keel, Attorney for trus
t€* 6.
(026-Nl6)
FRIDAY, NOVEMBER 16, 1934
GASTONE
1
fhe Approved Remedy for All
Stomach Discomforts
At all Drug Stores.