North Carolina Newspapers

iV> THE JOHNSTONIAN—SUN, SELMA, N. C. THURSDAY, MAY 5, 1932 VK- THE JOHNSTONIAN—SUN ' H. L. STANCIL, Editor and Mgr. PUBLISHED EVERY THURSDAY —By— The Sun Publishing Co., Inc. Selma, N. C. SUBSCRIPTION One Year 51.00; 6 .Months 50c THE “BOTTOM” MAN. Entered as second-class matter July 4, 1929, at the post office at Belma, N. C. under the Act of March 3. 1879. BUY AMERICAN GOODS IN AMERICA ’ Shortly before his lamented death, the late George B. Lockwood, of the Muncie (Ind.) Press, wrote a letter to a friend in which he .said; “Every idle workman in this country could have a job if the American people were patriotic enoug’h, or Congress was wise enoug-h, to give the patronage of the American people to American enterprise ' and labor, instead of en couraging, through foreign pur chases, the cheapening of labor and the destruction of consuming pow er.” That is a striking statement and yet it probably does not over reach truth. Mr. Lockwood was a pro found student of American eco nomics and was not accustomed to exaggeration. Careful estimates have been made from which the conclu sion is reached that in the lumber oil, glass and pottery industries alone one million men, the support of five million people, are out of work right now because of impor tations from foreign countries un derselling home producers in our own market. Only a few months ago the New Y’ork Wahlorf-Astoria bought abroad all the glass requir ed for its huge new building , be cause after American manufacturers had put in a bid representing pract ically production costs only in order to keep their men at work, for- ■eigners under-bid them 25 percent. In November the last of a group of fine potteries in Western Ohio, which had banded together in the hope of meeting German, Czecho- jSlovak and Japanese competition went into the hands of a receiver _ and threw ,500 men out of work. And these things happened while we are importing gla.s.s and pottery to the valuation of 150 million dol lars or more a year—importations which probably, because of under valuations, represent a displacement of value of no less than 300 mil lion dollars a year. Our stores are crowded with glass and pottery made abroad by labor which re ceives from 40 percent to 1-6 the American wage, while the Ameri cans who ought to be making these articles are on the charity roll. It is estimated that the unemploy ed in our lumber industry in the West and Northwest have reached the appalling total of 250 thousand to 300 thousand—while we are un loading timber from Soviet Russia. During the last twjjjity years wages in the United States have doubled, while in Europe they have remained stationary or even have been reduceL The tariff rates now’ in effect are the lowest in pro tective value, taking into account depreciated currencies in other countries and world conditions of over-production generally, that have been known during this generation, all the bally hoo about exorbitant rate.s to the contrary, notwithstand ing. The doctrine that we must admit competitive imports and thus throw our own people out of work in ord er that we may have foreign trade, which i.s a part of this anti-pro tection bally hoo, is the bunk. When our competitive industries are pro tected adequately and kept going the increased purchasing power of the American people for raw mater ials, luxuries and articles we (lo not produce here, together with our vast expenditures for foreign travel, swell, rather than diminishes our Jmirorts. But the point to be stressed right now is that it is up to Ameri cans to buy American goods in America. President Hoover did well when he W’rote to Speaker Garner, . recommending that appropriate leg islation be created so that Amer- . ican producers .should have the pre ference in the purcha.sing of supplies and materials by Federal depart ments. Under the present law the lowest bidders no matter from which countries the bids come, must receive the contracts. That our own government should pursue a policy which robs American workmen of the market to which they certainly are entitled is an obvious weakne-s in the law’ which should be correct ed at the earliest moment. Our government should set our people the example of buying American "made goods whenever it is possible to do it. New York Times Governor Roosevelt began his ra dio address on Thursday evening with a disclaimer of partisan mo tive.-. Yet he presently found him self accusing the Hoover Adminis tration of being able to “think in terms only of the top of the social and economic structure.” The trou ble has been that the President has “sought temporary relief from the top down rather than permanent re lief from the bottom up.” Wjhy the Governor .should feel it necessary to .say things which, coming from an other, would be called demagrgic claptrap, it is hard to understand. His Presidential candidacy seems to be marching on to an assured nom ination. He does not need to go out and beat the bushes for vdtes. If he must speak, he ought to make increased the number of their stock holders by about 50 percent. In 1929 these corporations had 2,453,- 000 stockholders; in 1931 that numb er had grown to 4,653,000. Mo.-t of these new .security holders are investors of small mean.s who have purchased stock outright with a view to holding- it. Incidentally, the re-distribltion of wealth indicated by the foregoing figures di.closes in a striking way the weakness of a legislative idea that the expenses of government should be paid by the few who are very rich rather than by the many who are moderately well-to-do. That theory was all right as long as times were good and everyjrody wa-- making money. But the decline in the government revenues resulting- in a deficit of 4 billion dollars in two yars is proof enough that the idea is all wrong at a time when nobody is making money. In such sure of his facts first and then deal with them in a way not to cause a time as this it is the very rich his supporters to blush. What he who are hit first and hardest. It At The Change A said about the purpose and opera tion of the Finance Reconstruction Corporation was not worthy of him. He knew, or should know, that he was commenting- on a plan to aid recovery which had been ^conceived by the best financial and business brains of this country. It was de signed, and it has thus far worked, for ending- bank failures, preventing hoarding, enlarging credit facilities, and thu.s preparing the way for a restoration of confidence and a re sumption of business activity. Why should Governor Roosevelt think it fitting to say that the two-billion- dollar fund of the Reconstruction Finance Corporation has been put “at the disposal of the big bank.s, the railroad.s and corporations,” without thought of the farmer and the small home owner whose rela tions are with the “little local bank or local loan company,” He can hardly be ignorant of the way in which the closing of these little lo cal banks has been stayed and al most stopped. If he had looked into the matter at all, he would have discovered that .small banks, by means of the loans quietly made to them, have been paying- off their pressing- indebtedness, without hav ing to sacrifice securities at depress ed prices, and so have obtained more to loan even to the “little fellow” with whom Governor Roose velt so deeply .sympathize.^, and ev en to put off the foreclosure of mortgages on farms and homes. What the Governor himself would do for the man at the bottom he did not state. He simply pleaded for -what he called the “forgotten infan try of our economic army.” Did he ever see an infantry which did not need commanders ? Can he imagine a military campaign without a competent strategic plan ? We are all engaged in the fight for recov ery. The, Washington Administra tion and Congress sought and acted upon the best advice which it could get fi'om our most competent men is safer to depend upon the moder- ■te tax which 1,500,000 men might pay than to rely upon the im moderate sum which 15,000 men may contribute. WHAT WAR COSTS What part of the tax dollar as it comes into the federal treasury must be expended becau-e of war— to met charges growing- out of wars we have already had and to pay the costs of national defense main tained in anticipation of possible future wars ? That is a question which has been many times asked and variously answered, the answers apparently depending rather upon whether those making .them were for “pre paredness” or against it, than upon any exact caluclation. But here is the answer of the Secretary of the Treasury, comput ed upon the expenditures of the fis cal year 1931. The total expenditures of the gov ernment for 1931 (exclusive of post al expenditures payable from post al revenues) were $4,257,279.53. Of this total, current expenditures for national defense accounted for $703,- 531,180.58, or 16.52 per cent; $1,- 021,559,957,07, or 24 per cent, re presents military pensions, annuities, allowances and life insurance claims bn account of past wars; and fixed debt charges and interest on the public debt (principally war debt) amount to $1,0.52,133,891.85, or 24.- 71 per cent. The last two amounts aggregating $2,073,693,848.92, or 48.71 per cent, represent the current cost of past wars. The expenditures of the govern ment therefore, on account of past wars and for national defense, dur ing the fiscal year 1931, amounted to $2,777,225,029.50, or 65.23 per cent of the total expenditures (ex clusive of postal expenditures pay- abl from postal receipts) for that period. The percentage may vary from year to year as a re.sult of the in- in finance and industry. Yet Gover nor Roosevelt complains that this i came only from “the top.” Well, extraordinary items per- ther-e is where a man usually car- temporary character. But ries his brains. No one has .-’tressed thsy are for- 1931, and it the need of leadership more than Mr. Roosevelt. Now that he sees it, atrd observes its efficiency, is he go ing to despise it ? His speech over the radio, coming as it did from a man of intellect and experience in lai-ge affairs, was of a sort to make hi.-’ friends sorry and the judicious 5VHY WHIIE LIGHTNING IS grieve. GREATER HAZARD THAN RED Hard Times Hits Them All “The rich are getting richer and the poor poorer,” is the stock com plaint against the capitalistic sys tem. If any have been disturbed in their minds lest this saying might have their equanimity restored by- looking over the government’s in come tax statistics. These disclose that from 1928 to 1930 the fall in the lower income brackets was slight, indicating that the well-known depression was not biting the aver age man very hard. But for the same period the taxes collected from incomes ranging from $10,000 to $100,000 in each case fell below 49 might be well to put the figures in your memory. For war, past and future, 65.23 cents out of every tax dollar. For all the governmental activities of peace, 34.72 cents. . Critical Time In Every Woman’s Life. “During a critical time in my life I took Cardui for several months. I had hot flashes. I v.’ould sud denly get dizzy and seem blind. I would get faint and have no strength. My nerves were on edge. I would not sleep at night. “Cardui did won ders for me. I rec ommend it to all women who are pass ing through the criti cal period of change. I have found it a fine medicine.”—Mrs. setue Murphy, Poplar Bluff, Mo. Cardui is a purely vege table medicine and con- tains no dangerous drugs. Taka Thedford’a Black-Draught tot ConBtlpatlon, Indigestion, and BHiouanags. ed, and that farm values after all have withstood the depres.sioffi better than any other form of investment. The country’s be.st stocks and bonds and other forms of investments have suffered even more than farm val ues. There is an apparent know ing that an increa.se in the price of farm products will inevitably en hance farm values. The leader of the Bank’s field force for the month of April was M. T. Britt of Benson, who sold eleven farms for $28,443.54, the sales being made in Harnett, Samp son and Wayne, counties, North Carolina. TRIP TO WASHINGTON Red lightning, though seldom re ported by Forest Sen-ice lookouts as the cause of a forest fire, dif fers in no way from white lightn ing, a very comon cause of fires, says Dr. W. J. Humphreys, of the Weather Bureau. White flashes are a greater fire hazard than red flashes merely because of the atmoss pheric conditions responsible for the difference in color. In rainless air, Doctor Humphreys points out, electric dischrg-es owe The home demonstration agent is in receipt of a letter from Nat F’rame, Director of Agriculture, of West Virginia University, asking- if any of the home demonstration club members would be interested in a trip to Washington as a part of the bi-centennial celebration June 20 to 25th, there being a group ol several hunrded people who are planning- to go on this date. Miss Evei-ett would like to know of any Extension people who de.sire to have the agent arrange the trip. This will include the men, women and families. If we wish reservation of the Washington tourist’s camp at fifty cents or one dollar per person per bed for the use of the cabin’s e(|ui])ped with one sheet per bed we I can .secure them and will be given a section for our own group. If we prefer lodging in private homes ws can get them at one dol lar per night. Among- the things included for the trip will be time spent at the National 4-H dub camp for the outstanding four boys and girls from each state who spend a week there every year. We will take buses and see all of the public buildings and one night there will be a banquet arranged which will cost us eighty-five cents. How ever, most of the time we can get our meals where we wish, the child’s restaurant having- been chosen as the principle meeting place. If we can go in private cars the expenses of this trip will be very reasonable. Our lodging- costs from a dollar to fifty cents per night and we can get along- with as little as one dol lar a day for food, if we wish. How- Only 50c The Johnstonian-Sun will be sent to any ad dress from now until after the Fall Election for only 50 cents V; • c • Weevils ean’I rtsia AM EARLY CR-0? I T*is not surprising that we have one of the heaviest of all weevil infestations this year. A remarkably mild winter, a late, damp spring, the possibility of a wet summer—this combina tion of conditions is ideal for the v/eevil. What he does to the crop however, depends pretty m-ach on vAi&t he finds when he begins to s;et around in large numbers. If he finds squares, it will be just too bad. But if he finds the crop already set, he'll have plenty to worry about. The job is to get your crop set j-jst as early as yo'd can. And there is nothing like a Chilean Nitrate side-dressing to do it. Immediate avail ability, quick action, lasting vigor and vitality— these are reasons why ChilezHi Nitrate is so val’uable, so effective for side-dressing cotton. Put down ICO pounds per acre (200 pounds, would be better) right after chopping. That ought to pull you through this year. But be s-ure you get Chilean Nitrate. See your dealer now. TWO KINDS Both are natural % s0»^ 100 LB. BAGS AND 200 LB. BAGS CHILEAN NITRATE EDUCATIONAL Raleiah. BUREAU, INC. North Carolina their light entirely to the two ga-’es oxygen and nitrogen, and therefore i that will be up to the indivilu are white or blui.sh white. An efec- tric discharge through heavy rain, however, may dissociate some of the 1928. The number of incomes over $100,000 fell from 15,780 to 6,1.52, and the tax yield from those in- conie-i fell from 700 million dollars other hand, may strike which is easily fired. dry fuel, LAND BANK SALES GOOD percent of the amount collected in | water vapor along its path and thus produce, in addition to the light of oxygen and nitrogen, that also of hydrogen, which brilliantly red. Red lig-htning,, coming through to 2.38 million, a decline of 66 per- | rain, strikes only wet objects, which, cent, showing that the rich were j of course, greatly reduces its fire being very hard hit indeed. But the | hazard. White lig-htning, on the depression had only fairly started ' in the period from 1928 to 1930. Since that time large incomes have inevitably been pared down even more than during- the previous two years. On every hand one hears stories of men who were in affluent circumstances who are now reduced to absolute want. But while this shrinkage of large incomes ha.s been taking- place, men of moderate means have been strengthening their grasp upon the wealth of the country. That is indi cated by the fact, as given by no, less an authority than Richard Whitney, President of the New York Stock Exchange, that the 69 leading corporations of the United .States dnrin.g the past two year.s Sales of farms in the teritory of the Atlantic Joint Stock Land Bank of Raleigh, operating- in North and South Carolina, showed up well for the month of April, consider ing- that at this period of the year there is a .slackening in the demand for farm lands, according to fig ures tabulated at a general meet ing of the field men at the Bank this week, stated ■ an oficial of the Bank today. This official goes on to say that the public mind is .still open to the purchase of farms at the bar,gain prices now being offer- als what they pay. The personal opinion of Miss Everett, the Home Demonstration agent, is probably that our local group would .get more, enjoyment- and would not be quite so much rushed if we went as an individual party. The Extension Ser vice of the Maryland State College of the United States Department of Agriculture will all assist us in working- out our plans as well as our own senators ami representa tives living there. Also if this trip be put off later in the fall there will probably be more money avail able for such a trip. Miss Everett asks each president to take this up with her own club and let her know the concensus of opinion. Republican Township Meeting. All the Republican voters of Pine Level township are re(|uested to meet in Pine Level Saturday, May 7th, at 3:00 p. m., for - the pur pose of naming their township offi cials for the November election. All who will are ■ asked to be present. R. V. OLIVER, Township Com. NOTICE OF SALE OF LAND. Uncier and by virtue of the pow er of sale contained in a certain Mortgage executed-by Henry Brady, dated November 24, 1924, and re corded in Book 160, at page .500, in the office of the Register of Deeds for Johnston County, North Caro lina, default having been made in the payment of the indebtedness thereby secured, and demand having been made for sale, the undersigned Mortgagee will sell at public auc tion to the highest bidder for cash at the Courthouse door in Smith- field, N. C., at 12 o’clock noon on the 4th day of May, 1932, the fol lowing- described property, located in the County of Johnston, Smith- field Townshi)), North Carolina: BEGINNING at a stake in the Smithfield road where the lane be tween the lands of M. H. Brady and G. B. Stallings intersects the Smith- field road, runs thence North 58 de grees West 589 feet to a stake; thence North 29 degrees East 349,5 feet to a stake; thence South 84 degrees 30 minutes East 1155 feet to a stake; thence North 5 degrees 30 minutes West 90 feet to a stake; thence South 84 degrees 30 minutes East 610 feet to a stake; thence South 46 degrees 15 minutes East 85.5 feet to a stake in the extension of the aforesaid lane; thence with said lane South 41 degrees 40 min utes West 4567 feet to the Begin ning, containing 92 9-10 acres, more or less. This the 30th day of March, 1),32 GREENSBORO .lOlNT STOCK L.4ND BANK, Mortgagee. J. S. DUNCAN, .attorney. notice of FORECLO.sURE SALE. Under and by virtue of the pow ers of sale contained in. a deed of trust dated June 20, 1929, by A. E Penny and wife RUTH PENNY,'re'- corded in Book No. 184, page 323 in the office of the Register of Deeds of Johnston County, North Carolina, and the conditions of said deed of trust having been broken and demand made upon the under signed to foreclose, I will offer for sale at public auction for ca.sh, on Monday, May 9, 1);I2, at 12 o’clock noon at the court house door in Smithfi-dd, Johnston Countv, North Carolina, the following described; lands, to-wit: Situated ami lying i„ Elevation. own.-,hip, Johnston County, adjoin ing the lands of .1, Ruffin Johnson, ■ ^i^nbour, Jeff Penny and oth ers ami more fully described as fol- lows; Beginning at a .'D cu d Didck ii'um m- -on,g Point Branch and runs S, 7(>‘ W. 14 chains to a slake; thence N. tv,p ” M ' L-hains to a stake;- hence N. 9 deg. w. 34.50 chains ter J was formerly the ’• 48.36 chains to a pine stumu known as the Pnll-., i atuinp, lie lolUid corner; thence- to hong Point Branch- I hence down the run of said branef;- 1the be.ginmng, containing Eightv- |Six ami one-half (gc , ^ or Ie.s, nml i, tp ’ conveyed to A, E p„ tie, J f'nnv bv H H onny and wife, Unity' E Pennv' -leed date,I April 9, 1907 w I'ocorded in the office ,,f tn r, ^ ter of Deeds of i 1, ^ ^^ogis- Book “T” No ^2 County im Thorp - 389. these lands Life Insurancp r Atlantic Virginia, balance due on principal fro^TYIaTTh by deed of trust to Ai ^ ’ her and M. T r,.-h ^“r-- "ubject to all'taxL’a^”"^*''''^’ ■nterest from date' 10 per cent depo Jt A feith will be L "'’‘Oondng g-ooft ««-'tful bidder -0- M. ERITT, Trustee.