The Rocky Mount Herald
VOLUME 2, NO. 42
Ufierman Hinge
\\ Gets Position
Marion, Ala., Oct. 11. —Herman
Minges, son or Mr. and Mrs. L. L.
Minges, 917 Sunset Avenue, Rocky
Mount, North Carolina, has been ap
pointed acting cadet first lieutenant
of the Marion Institute Cadet corps
and been assigned to Company "A''
for duty.
Cadet Lt. Minges is entering his
aecond year at Marion institute,
and is a member of the Army class,
where he is preparing foi entrance
examinations to the United States
Military academy in March. Cadet
Minges is making an outstanding
record at Marion both in his studies,
military and athletics.
23 Yr. Old Range
Still Used
The Enterprise Furniture Company
conducted a Majestic Stove demon
stration last week and a rather in
teresting feature was the Old Age
i Contest. This firm having offered
a prize for the one who had the old
» est Majestic range in actual daily
t -use. There were many contenders
| ranging from twenty-five years np
I to thirty-three. The Rev. Francis H.
atJfCraighlll. Rector of the Church of
Good Bhepherd, having won the
f ' prize, his Majestic range being
* thirty-three years old.
County Planning
Build Anyway
Assurance Given Group To Erect
Edgecombe County Home
Assurance had been given today
by the Edgecombe county board of
i commissioners that they will proceed
®r with the erection of the combined
' county home and tubercular hospital
near Tarboro on land already pur
' chased by them for $6,000, according
»~\ to reports reaching here from Tar
boro.
\ This follows refusal by State PWA
/Administrator H. G. Bailey of Edge-
application for federal funds
rol In amount of SIOO,OOO, M. G. Laugh-
JjYrt> Edgecombe auditor, is quoted as
The state administrator informed
■ Mr. Laughlin in a letter that for the
.. 'present the county can get no ap
' propriation, but indicated possibili
; fees later should congress approve
taf.. -One as it reconvenes in next January.
RE- The site for the county home had
L been paid for, and was about 30
/' acres of land of Mrs. J. M. Raker
near the Tarboro-Rocky Mount high
way near Tarboro.
The PWA application for 16,000
for a Mayo's school in Edgecombe
■was also refused.
I 0 —;
Joe Cherry Died
At Home Wed.
Joe Cherry, 68, of near Speed in
Edgecombe county, died early Wed
nesday afternoon at his home.
Mr. Cherry was buried at his fam
£, ily burial grounds Thursday after
noon following rites held from the
home at four o'clock.
He leaves his widow, Mrs. Geor
gia Cherry, three children, Mrs.
, Robert Pender, at home; Mrs. Earl
Pittman of Oak City; William R.
Cherry, of this city; ana a sister,
Mrs. Frank Cherry, of this place.
He died at 12:40 Wednesday af
• temoon.
o
Scott Sills Dies
r At His Residence
r
r Prominent Local Man Will Be Bur
ied in Nashville Late Thursday
I.?- Scott G. Sills, 50 year old promi
nent Itocky Mount man, died at his
KSresidence, No. 716 Eastern Avenue,
, at 12:30 o'clock Wednesday after-
J. noon. Death followed a period of
f several years of failing health, and
. he had been confined to his home
for several months.
Mr. Sills, who was connected with
the First National bank here for a
number of years and had been with
the Standard Insurance and Realty
| corporation since its organization,
belonged to the First Baptist church,
f He was the son of the late T. A.
f and Pattie Sills, of Nash county.
| His father was clerk of Nash super-
I * ior court.
',, Rites were conducted from the
v home at 3:30 o'clock Thursday af
ternoon with interment following in
Nashville. Dr. J. W. Kincheloe, pas
of the First Baptist church, and
Rev. G. W. Perry, pastor of the
First Methodist church, held final
rites.
£ He leaves his wife, Lula Carden
/ Sills; one brother, J. N. Sills, clerk
" ' of superior court; sisters, Mrs. T.
1, 13. Dameron, of Goldsboro; Miss Lou-
C, .ise Sills, and Mrs. Peter Hines Bunn,
[ both of Nashville.
? w Mr. BiUs was well known here, and
made Rocky Mount his home for
, ithe past thirty years. .
Interment took plaoe In Forest
llill c-inetery Thursday.
Teachers Willi
? Get Sick Leave
Commission Decides Against Taking
L Funds From Salary Item
Set Up
Raleigh, Oct. 12.—The state school
commission, in an explanatory
statement issued here Friday night
by Lloyd Griffin, executive secretary
said a decision to forego the sick
leave for teachers during the cur
rent school year was made rather
than take funds for this purpose
from the salary item which had been
'set up. _ • t
The statement said the require
ments for salaries, including a flat
20 per cent increase over last year
together with providing for accrued
increments, required such a large
sum of money the commission "finds
itself facing a deficit for instruc
tional service at the end of the year.
The legislature also made it man
datory that the commission place all
school employes, including teachers,
under the provisions of the work
men's compensation act, this requir
ing an additional large sum of mon
ey. The new school law made provi
sion of five days' sick leave within
discretion of the commission.
ROCKY MOUNT FAIR
EXPECTED TO BE
BEST HELD HERE
A parade of State Fair features
that have already thrilled thousands
this season at major American and
Canadian state and district exposi
tions, including many headliners
from the State Fair at Raleigh, is
in store for Rocky M oun t Fair vis
itors here October 21 to. 26.
Made available to all through a
new schedule of low admission pric
es, the States Fair attractions are
expected to set new high standards
for the Rocky Mount exposition,
conceeded to be one of the half
dozen ranking fairs in the state for
the past two years.
The array of entertainment fea
tures will be topped by George A.
Hamid's new outdoor musical spec
tacle, Sensations of 1935, a produc
tion involving 50 performers. It
will be presented nightly from a
huge, portable stage in front of the
grandstand. The revue will be aug
mented by a dozen circus acts and
climaxed each night by a brilliant
fireworks display.
Harness horse racing, on the up
grade as a North Carolina fair at
traction, will hold the limelight
Tuesday, Wednesday and Thursday
afternoons, when such famous reins
men as H. M. (Doc) Parsha'll, win
ner of the $40,000 Hambletonion trot,
and many others will be seen be
hind America's fleetest trotters and
pacers. Championship auto races
will climax the matinee programs
Saturday.
On the Midway the World of Mirth
Shows, a 35-Railroad car touring
amusement park, will present nearly
50 major shows and riding devices.
Children of school age will be ad
mitted free Tuesday, October 22.
New Survey Of
Spring Hope
Spring Hope, Oct. 12. Anew sur
vey made of the town of Spring
Hope by Joseph T. Inscoe, well
known surveyor of Castalia and Ce
dar Fork sections, has cleared up
some of the moot boundary points.
The completed blue print is in the
hands of J. J. Proctor, mayor. In
1889 Spring Hope was officially laid
out to contain one mile square with
the Atlantic Coast Line running
through the center.
The survey was made to conform
to this plan.
o
PAYS SSOO FOR BRIDE AND SHE
TURNS OUT TO BE OLD WOMAN
Dinapore, Dehar District of India,
Oct. 12.—Ramgnnjan Singh paid SSOO
to the father of a girl who was pic
tured to him as being young aud
beautiful. During the wedding the
girl wore a heavy veil. An hour la
ter, however, Ramganjan found that
his bride was a toothless old hag
of 70. She confessed that she al
ready had a husband past 80.
Rawganjan complained to the au
thorities and his bride was sentenc
ed to prison for three months. Her
father and the two go-betweens re
ceived sentences of nine months
each at hard labor.
MUNICIPAL PLANT PAYS
New York.—The Jacksonville, Flo
rida, municipal power plant makes a
j yearly profit of around $1,500,000,
although it sells current for from one
to four cents a kilowatt hour. This
is the statement of Mayor John T.
Alsop, Jr., who says that the pro
fits defray about seventy-five per
cent of the cost of the city's govern
ment.
KILLS TIGER WITH STICK
Calcutta, Indiana—When a tiger
struck down and mauled his two
sons. Laduram, 55 years old seized
a stick and beat the jungle beast to
death.
o »
PREFERS SUICIDE
Newark, N. J.—Worried because
his son had been called to arms in
Italy, Anthony Masina, 54, a World
War Italian veteran, fatally slashed
his throat.
ROCKY MOUNT. N
Farmers Sign
Tobacco Contracts
Tarboro, Oct. 11.—Edgecombe to
bacco growers have rallied here
earnestly to the support of the Fed
eral government in signing contracts
for 1936. The office of the county
agent reports that 89.1 per cent of
the farmers have already signed the
contracts and it is believed that
practically all of them will sign.
Rules Strike Car
Held Illegally
Raleigh, Oct. 12.—Officials of Ire
dell County and of the state had no
right to hold the Mooresville textile
strikers' sound truck, Attorney Gen
eral A. A. F. Seawell said he had
ruled in an advisory opinion.
The truck, seized by Sheriff J. W.
Moore, of Iredell, had been held for
about two weeks, during which the
strikers wanted it for their cam
paign for union membership. The
attorney general's ruling said for
thp greater part of the time the ve
hicie was held illegally.
Salem Schools
Begin Term
Student organization activities are
now getting under way at Salem
Academy and Salem College, wide
ly famed sister institution located
in Winston-Salem, North Carolina,
and now in the 164 th consecutive
year of uninterrupted service.
One of the interesting features
of the school opening series was
the chapel service in wfocih greet
ings were extended to the student
body by Mrs. James A. Hartness of
Raleigh, N. C., president of the
general Alumnae Association and
Bishop J. Kenneth Pfohl, chairman
of the Board of Trustees.
The Student Self Government As
sociation of the College is headed
by Miss Gertrude Schwalbe of Beth
el, Alaska as president. Included in
the list of other campus leaders are
the Misses Erika Marx of Nazareth,
Penna. as president of the Y. M.
C. A.; Virginia Garner of Winston-
Salem,- editor of the Salemite,' the
campus weekly; McArn Best of
Goldsboro, N. C., as president of the
Athletic Association; Lois Torrence,
Gastonia, N. C., editor of the college
annual, Sights and Insights; Nancy
McNeely, Cooleemee, N. C., presi
dent of I. 8. S. and Josephine
Reece of Winston-Salem as chairman
of the May Day Committee.
In the preparatory school elections
will not take place until later at
which time class officers, editors ath
letic team captains and student rep
resentatives will be chosen for the
year.
Announcement has been made of
important expansions in the col
lege departments of Home Econom
ics, Sociology and Art together with
increased opportunities for dramatic
study particularly for freshmen.
Courses are offered leading to the
B. A., B. S., and B. Music degrees
fully accredited by the Southern As
sociation of Colleges and Secondary
Schools, the American Association of
University Women and the National
Association of Schools of Music.
An increased interest has been
displaye4 this year by advanced pu
pils of Salem Academy in post-gra
duate work through which more ade
quate preparation for college is
gained and specific requirements
for entrance into various institu
tions may be fulfilled.
Returning students and alumnae
alike were delighted with the re
decoration of Main Hall, most his
toric of college structures, and oth
er improvements in ground and
buildings which this year will be
occupied by an increased number of
students from every section of the
United States.
Hutson Gives Out
Advice On Scrap
Don't Sell Scrap Or Any Other Leaf
For Less Than Fve, He Says
"Reports that scrap tobacco has
been sold this season by some con
tracting growers indicates that
these growers do not fully under
stand the provisions. Contracting
growers who sell scrap or any other
tobacco this season for less than 5
cents per pound probably will lose
money by making the sale," J. B.
Hutson, director, division of to
bacco of the United States depart
ment of Agriculture, today had
written Nash County Agent H. G.
Wharton.
"The reasons' for this are as fol
lows (he further wrote):
"(1) The contract provides that all
tobaccos, including scrap, produced
on and sold from the farm of a con
tracting grower must be entered on
allotment cards and covered by tax
payment warrants obtained from
agents in tobacco warehouses.
More than 3,200 contracts have
been signed to date by tobacco grow
ers of Johnston County and the re
maining growers are signing at the
rate of 40 to 75 daily.
iRTH CAROLINA, FRIDAY. OCTOBER 18, 1935
Too Many Pups for Carol Ann
Little Carol Ann Prather of Los
Angeles likes puppies, but when the J 'JISb
seven born to Patsy, Jack Porter's
Irish setter, were dumped about
her, she protested, especially be
cause one of them even chiseled
from her milk bottle. However, / r*o
Carol Ann was allowed to cboose | i
Just one for a birthday present ,
promised by her parents, Mr. and H V^KjfV
''' f JL i
Banks Are Ableto Finance Business
|
Clarence T. LeinbacH of Winston Salem, President of
the North Carolina Bankers Association, says according
to recent statement, "that the banking system of North
Carolina is ready ito support sound business improvement
is evidenced both by the statistical position of our banks
and by the cooperative attitude shown by bankers."
The banks of this State could easily handle from SIOO,-
000 to $150,000 additional loans without resorting to bor
rowing or rediscounting.
"From June 1934 to June 1935 total deposits in the
State and national commercial banks of North Carolina in
creased from $243,000,000 to $294,000,000. At the same
time total outstanding loans increased from $106,000,000
to $110,000,000. Holdings of United States government
bonds jumped from $42,000,000 to $54,000,000. This does
not mean that bankers have a preference for government
bonds over good loans, for present bonds yields are so low
as to bring in very small revenue. It means that bank de
posits have been increasing at a more rapid rate than the
requirements of business for credit."
We find from the above statement that in one years
time that bank deposits increased $51,000,000. That invest
ment in government bonds increase dfrom $42,000,000 to
$54,000,000.
S 0 according to the banks official statement, the banks
both state and national loans at this time $110,000,000.
Now the business that is -being carried on in North Caro
lina, certainly two or three times this amount is being
loaned by somebody.
Now what caused the banks to lose this business? Was it
because the people sought loans elsewhere voluntarily, or
were they compelled to seek loans elsewhere because the
banks did not take care of thir needs or because they were
not able to do this or they did not desire to do so.
These are timely questions the banks might giv econ
sideration.
Our experience is that the loans that broke the banks
were large loans that were advanced to special few for the
purpose of speculation; that very few banks were broken by
reason of small loans advanced for conservative, legitimate
business.
It is apparent that with an increased deposit and invest
ment of bonds together of $63,000,000 with only new loans
of $4,000,000, is clearly out of proportion.
Business is going on and it must be apparent to all that
some other agency is doing the business rather than the
banks. It is time for the banks to examine themselves and
see what caused this change.
Prefessor Erwin Fisher of Yale University, recently de
declared that the banks should know, that the present
system of banking is top-heavy. We are not served enough!
in Banking to agree or disagree with Professor Fisher.
LIQUOR QUESTION
The liquor question is being discussed right much through
the press at this time. It appears that public drunkenness
has increased from two to three hundred per cent and es
pecially legal charges against citizens for disorderly conduct
and drunkenness in the territory where the new liquor law
is in operation.
Now many people who believe in the law, say that this in
creased drunkenness has been caused in the increased pros
perity of our people; others contend that the accessibility
of good liquor has caused this condition.
This is the question that this paper is not able to explain
at this time, but there is no question about the increase in
the number of public drunks.
Those responsible for the law put in these wet counties,
say that their sole desire was to bring about temperance
and that giving the people plenty of good liquor would de
stroy the boot-leggers.
Sometimes the plentifulness of a thing does have a ten
dency to satisfy people so that they won't use it and prob
ably this may be the final result with liquor, though it has
not been so in the past.
Under the dome of The News & Observed, October 16, a
statement appeared purporting to come from the Governor:
"On January 1, 1933, at the dawn of the present adminis
tration, the State owed $185,139,000 and had $10,942,577.25
in its sinking fund, leavink the net debt $174,196,422.75.
On June 30, last, 30 months later, the State owed $170,-
548,000 and had $13,478,424.82 in the sinking fund, leav
ing a net debt of $157,069,575.18."
The above statement shows that the States debt has been
reduced $17,132,948.50. These facts being true, how could
there exist an emergency in the last legislature that put a
3 per cent gross sales tax on fat back, self-rising flour,
meal, sugar, lard, coffee and molasses; the foods that the
people of the simplest walk of life eat more of than any
other class of people.
STATES DEBT
PARAGRAPHS
PROBLEMS AT
State Bank
System Tophevy
New York, Oct. 12.—Irving Fisher
professor emeritus of economics at
i'ale University, declared tonight
that "bankers should know that the
present system of banking is top
heavy."
Urging the adoption of his "one
hundred per cent money plan,"
which he defined as a method "vir
tually to stop the private issue of
money and to make it wholly a gov
ernmental function," Professor Fish
er said:
"Bankers should know that, unless
the national circulation is stabilized,
the bankers as a class will in the
nest depression lose still more caste
as well as lose still more money, un
til the people will rise in their wrath
and not only cast them out of the
temple but keep them out forever."
Banks Prepared
For More Loans
Could Handle $100,000,000 Additional
Lending In N. C., Says Leinbach
Winston-Salem, Oct. 12.—Banks
lof North Carolina are entering up
on a period of greater usefulness
and service to the people of this
State, according to the president of
the North Carolina Bankers Asso
ciation, Clarence T. 'ljeinbach, of
Winston-Salem, who is also vice
and Trust Company. Mr. Leinbach
president of the Wachovia Bang
writes regarding the banking situa
tion in North Carolina in the Oc
tober issue of The Wachovia, a pub
lication distributed by his institu
tion.
"Banking support must be avail
able for business expansion and
improvement," stated Mr. Leinbach,
"Banks themselves cannot create
business improvement, but once bus
iness itself is ready to go ahead,
banking cooperation is necessary to
speed the wheels of progress.
"That the banking system of
North Carolina is ready to sup
port sound business improvement is'
evidenced both by the statistical pos
ition of our banks and by the co
operative attitude shown by bankers.
Recent published by banks through
out the county indicate that the
resources of our banks here in North
Carolinaf haVe been increasing at
about twice the rate for the co- j
untry as a whole. The amount of;
funds held in cash or in low yield
bonds is increasing daily and a
large portion of this can quickly
be converted into loans whenever
business requires additional bank
credit. The banks of this State could
easily handle from SIOO,OOO to $150,-
000 additional loans without resort
ing to borrowing or rediscounting.
"From June 1934 to June 1935 to
tal deposits in the State and na
tional commercial banks of North
Carolina increased from $243,000,000
to $294,000,000. At the same time to
tal outstanding loans increased
from $106,000,000 to $11,000,000.
Holdings of United States govern
ment bonds jumped from $42,000,-
000 to $54,000,000. This does not
mean that bankers have a prefer
ence for government bonds over
good loans, for present bond yields
are so low as to bring in very
small revenue. It means that bank
deposits have been increasing at a
more rapid rate than the require
ments of business for credit.
"We have 179 State banks, 80
branches of State banks, and 41
national banks in North Carolina.
There are few, communities large
enough to support a bank which are
not now provided with adequate
banking facilities. As the needs of
our various communities increase,
there will naturally be an increase
in the number of banking institu
tions. At the same time, we must
guard against the tendency to es
tablish too many banks; this was
one of the weaknesses of former
days."
o
Large Order
"Do you make life-size/enlarge
ments from snapshots?" asked the
girl.
"Certainly, miss," answered the
photographer. "That's our specialty."
"Well," said the girl, "let's see what
you can do with this picture of the
Grand Canyon."—Vancouver Prov
ince.
150 British ships are in the Medi
terranean and Red Seas.
NOTICE
Those desiring to subscribe to The Rocky Mount
Herald may do so by sending SI.OO with name and
address to The Rocky Mount Herald, Rocky Mount,
N. C.
Name ..
Town , State , Route No
SI.OO PER YEAH
ON NATIONAL
WASHINGTON
THE R. F. C. COLLECTS
PRESIDENT "ELATED."
HOOVER'S OPENING GUN
CRITICALLY FLAYS NEW DEAL
ANTISJMAY GATHER
DOES HE SEEK TO RUN?
INDUSTRY AND CODES
RELIEF UNTIL NOV. 15
EMPLOYMENT DIFFICULTIES
FINAL ALLOTMENTS
_______ w.
By Hugo Sims, ferpecml Washington
Correspondent
The RFC has collected fifty-three
per cent of the $5,664,383,308 which
it has paid for purposes other than
relief and the financing of other gov
ernmental agencies. Banks, which ob
tained $1,895,782,084, have repaid sl,-
468,125,404. However, out of $1,026,-
070,059 advanced to banks through
the purchase of preferred stock and
capital notes, only $121,729,037 has
been repaid. From these figures, it
will be observed that the R B '"
vanced nearly three billion
to the banks of the countrj
through this aid from tb>. govern
ment, the banking system of the na
tion continues to function.
—— •!
Presidential reaction to the re
cent trip across the Continent is de
scribed by correspondents who re
port him as "elated" and convinced
that the West is still with him as
it was in 1932. Undoubtedly there
was an outpouring of favorable sen
timent and an evidence of enthusi
asm that indicates strong support
for the Chief Executive. Certainly,
Mr. Roosevelt continues to be popu
lar in the section through which he
travelled and while it may be possi
ble for some development to de
tract from his prestige, it appears
reasonably sure that unless the Re
publicans can develop some agri
cultural program to wean away farm
support, he is likely to score heavily
in the West next year.
The recent speech delivered by
Herbert Hoover at Oakland, Cali
fornia, before the Western States Re
publican Convention was a sharp
and spirited attack upon the fiscal
policies of the Roosevelt. Adminis
tration. The former president in
sisted that there would be no
"breathing spell" in spending and
that by the end of the Roosevelt
Administration the taxpayers would
be burdmed with "unfair" govern
ment debts exceeding thirty-five bil
lion dollars.
Mr. Hoover said the New Deal
perpetrated "the most gigantic
spoils raid" in our history uu
ding 260,000 new employees to the
Government payroll. He warned that
the budget must be balanced or that
the land would be ravaged by one
or the other of "three horsemen—
taxation, repudiation or inflation."
He cited figures of the A. F. L. to
show that there had been an in
crease of only 700,000 in employment
since just before the 1932 election
and charged that the New Deal de
stroyed business confidence and un
til the Supreme Court's decision on
the NRA last spring, had actually re
tarded recovery.
He asserted thi: - ":is own adminis
istration first gave assurances
against any American going hungry
and organized "relief so effectively
by cooperation of the Federal gov
ernment with state and local author
ities that the public health actually
improved." He .charged he Demo
crats with breaking campaign prom
ises to balance the budget and re
duce expenditures.
This was Mr. Hoover's first speech
before a party organization since his
retirement to private life in March,
1933. Like other recent pronounce
ments it gave no indication of his
intentions with reference to the
campaign of 1936 ,although he said
thnt the coming convention would be
the most vital since 1860. Specula-,
tion as to his future course continues
throughout the country, although
there is no doubt but that he is
devoting most of his time and thought
to an effort to beat President Roose
velt in the next election.
While making no move to take
himself out of consideration, the
former President regards himself
as the titular leader of his party and
will vigorously resist any attempt
to crowd him out of the posiion.
Moreover he is apparently organ
izing his forces for the purpose of
building up his influence and has
recently hired his former publicity
agent, Ben Allen, who steered him
to national fame in the days of the
Belgian food relief and the war
time food control. Those close to him
say that his correspondence averages
one thousand communications a da v.
Generally, his carefully prepared at
(Please turn to page eight)