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V THURSDAY, MARCH 8, 1923
The Legislature’s Work is Done.
--o
The record of the 1923 general as
sembly was completed at the final
session Tuesday night when that body
adjourned sine die. The record of
the legislature will have to be mea
sured by the maximum of its acts for
North -Carolina’s progress, and, in that
, respect it deserves more praise than
criticism. What it has done by com
mission overbalances its otnissions,
those things, which it must be ad
mitted, the legislators had no assur
ances of popular demand. About
some things not done, we need not
grieve, for a legislative body com
posed of members from 100 counties
was not sure of its grounds from the
standpoint of public sentiment.
The passage of the general educa
tional, bills the appropriation of $15,
000,000 to permanent improvement and
maintenance of the state’s public in
stitutions and a $15,000,0000 bond is
sud for continuing the state’s high
way projects, show that the legislature
has interpreted chystalized sentiment
in the state on the fundamental lines
of progress. In those respects it ought
to be a source of gratification for the
J people to believe the legislators re
garded themselves as commissioned to
do those great things for North Caro
. lina and her people. Added to that
was passage of the general revenue
bill and its supplementary. machin
ery act which many of the leading
legislators pronounces one of the great
est tax acts ever placed on the statute
books. If it accomplishes the aims
for Which it is intended, it will prove
to be a reform of distinct value to
the state.
Altogether, however, the general
assembly passed nearly a thousand
general and local bills, a circumstance
showing that the legislators had
plenty to do in the way of acting up
on the matter for which the people
themselves >were pressing. We may
nave aKierencs ana aispuie aoout me
. value of some of the lgislation enacted
but we may as well admit that the
odds ini judgement are in'favor of the
legislators who were conscious of
, tjieir responsibility to the people, not
to mention the party responsible for
tfieir acts. While some of us may
have had our hearty upon certain
legislation which was left over, we
have td accept the legislative view
that the legislature was not prepared
to act at this time.., For, instance,
there was Governor Morrison’s ship
iping bill which the legislature could
not see its tfay to pass, but it did
the next best thing by establishing a
commission to investigate the feasi
bility of state operation of ships and
the Btate development of port ter
minals. The Giles farm loan act,
aimed at providing farm owning op
portunities for the- landless man, was
another proposal in that class, but
while this bill failed at this session
its merit was recognized and it will
come up without prejudice at (the
next session when it may be clearer
that it is a popular demand.
The legislature passed the Bowie
• “Lost Province!” railroad ; bill, once
again "putting the state in the rail
road building business. It -provides
for a tentative Survey, for a main
line and several branch lines if four
or five isolated mountain:!.counties,
and one of its conditional provisions
-ig av $10,000,000 bond issue for the
purpose of putting- the state in the
railroad building-business, condition
•ed, of course, upon ^he eventualities
involved. ^Passage of the bill does
not mean that a railroad is to be built
. but that one may be built by means
of state promotion. That act was
clearly .based upon popular f sent!
< ment but popular sentiment does not
always build a railroad. If it should
happen t,o do so, North Carolina sure
ly will be the gainer. That act of
the general assembly can be indorsed
“in principle,” and it should happen
that the “Lost Provinces” railroad
ever is built as a result of the Bowie
bill, it will be sufficient alone to
stamp the .19923 general assembly as
a progressive legislature. ,
The general assembly really hasi
done more than, we expected it would
do, and that largely compensates for
what it could not see its way to do
at this time. Among the omissions
might be mentioned Governor Morri
i eon’s recommendation of the establish
[ment a department of banking and a
department of industries and com
) merce. Such departments will some
day be established, but doubtless the
legislature could not see its way at
this time to substitute those for state
bodies supposed to be functioning in
both particulars. For some reason or
other, the legislature failed to give
serious consideration to the state
auditor’s recommendation of legisla
tion co-ordinating the machinery of
government on lines believed to be of
advantage to the state government.
The legislature probably couldn’t see
it the auditor’s way.
The legislature could not see its
way to pass legislation regulating the
Ku Klux Klan, unwilling probably to
indict any order as a whole when of
! fenders belonging to any order or
‘society in North Carolina can be
reached under state laws when one
or more are guilty of violating the
law.
Failure to pass a workmen’s com
pensation act was a regretable omis
sion on the part of the general as
sembly but it Is more than likely that
it was due to failure to agree on all
its provisions. Under legislation for
which this legislature is responsible,
stocks of outside corporations, when
1 such stocks are owned by citizens of
this state, are exempted from tax
ation. The legislature will be sever
ly centured for that. The motive of
that body was to encourage and influx
of capital into the state, and it is
possible that development within the
states will more than compensate for
exempted taxes. We doi^t know
whether it will or not. That remains
to be seen.
One referendum act was passed at
the session, that submitting to a vote
of the people a bond issue of $2,
500,000 for the purpose of providing
i a fund from which loans can be made
to our World war veterans for the
purpose of purchasing farms or
homes. It is safe to say that act will
be approved by the people iwhen they
go to the polls in next year’s elec
tion.
Three constitutional amendments
were submitted to a vote of the peo
ple—one limiting the state debt to
7 1-2 percent of the assessed valua
tion of the property in the state; an
other making it mandatory to keep
sinking funds to. retire the state debt
and making such sinking funds inviol
able; and a third to exempt from tax
ation mortgages on farms and" residen
tial properties already taxed, provided
the mortgage does not exceed $8,000.
Probably the legislature will not
expect to get approval for all it has
done, but it ■ is apparent that it was
trying to serve ,the best interest of
the state.
-o—
Never Touched Us.
J In a communication which The Star
i gladly prints this morning, our good
friend Mr. C. C., Chadboura misin
terprets an editorial ■which appeared
in this paper Tuesday and he inflic
ted upon us the penalty of having to
re-read our own article with a view
to ascertaining whether the editorial
said what we riever intended to say.
j Mr. Chadboura seems to 'have either
inferred or assailed that our editorial
I captioned “Idle Gold and! Idle Ships”
was in advocacy of the government
operation of ships because the United
States treasury contains an immense
accumulation of the world’s gold. In
that respect, Mr. Chadboura clearly
misread the editorial in question.
Mr. Chadboura has answered sev
jeral things that were not even men
tioned in the editorial. He raises is
sues that had no connection whatso
ever with the ideas sought to be con
veyed by our article. The editorial
speaks for itself and no portion of it
justified Mr. Chadbourn’e conclusion"
that “you advocate the operation of
j ships because We have idle gold in
the treasury." In the first place, the
gold in the treasury could not be
used for government operation of
ships, for congress would have to
make whatever provision would be
necessary for the government to oper
ate ships. In the second place, the
government operation of ships by the
United States shipping board has been
such a lamentable failure, that we
wouldn’t be caught advocating govern
ment operation of ships so long as
our government does not propose to
engage in the shipping business and
all along has handled - the shipping.
business in keeping with itfe policy
of "taking the government out of bus
inedb”-r-especinlly: the shipping bus
iness.'' ' - -V ' • ■ . . '
Although Mir.. Chadbourn says we
“advocate the (government) operation
of ships because we have idle gold-iOr
the treasury,” the contrary fact is that
we have never gotten our consent to
government building of ships', govern?
ment ownership of ships and govern
ment operation of ships. We are moved
to say that because both political par
time business. /
Mr. Chadbourn’s motive in dissent
ing from our editorial was to say a
good word for the ship subsidy which
President Harding earnestly and hon
estly advocated but. which his own
party has been largely instrumental
in killing. Our allusion in Tuesday’s
editorial, to the §hip subsidy was
merely a recitation about its fate-*t
the hands nf a Republican congress.
Congress does not seem ro be in favor
of government operation of ships or
in favor of subsidizing private opera
tion. Mr. Chadbourn stands by the
President in his subsidy fight and he.
believes as honestly as Mr. Harding
that is what this country shall have
to do before it can ever have a mer
chant marine (privately operated.)
In our editorial we never tried to
explain the breakdown of American
shipping, for that was not one of our
remotest aims, although Mr. Chad
bourn goes on to explain very correc
ly but only partially the reasons this
country’s merchant marine has not
been creditable to the country at any
time during the last fifty years. We
would have to go into politics were
we to go into the history of the de
cline of American shiping, but we can
trying to revive a great American in
ties have made
botch of the mari
Harding that he is
austry wmcn aecnnea wnne me gov
ernment was administered by the
party to which he belongs.
Mr. Chadbourn may be right in
claiming that a subsidy may have to
be depended upon to redeem American
shipping, but in one particular 'he is
not right wherein he says: “You
state that there can be no inter
change of commerce with the United
States and other foreign nations un
der the Fordney-McCumber act.” That
is what we did not state at all. Here
is what we did state:
The only way for Uncle Sam to
unload his hoard of gold is to bring
about an interchange of commerce
with all nations. That can never
be done so long as Uncle Sam does
business under the Fordney-Mc
Cumber tariff act.
We shall have to stick to that, and
it will be noticed that “to bring about
an interchange of commerce between
all nations” is not at all like saying
that government operations of ships
is the way to do it.
Finally, Mr*..Chadbourn attributes a
political motive to the editorial which
he set out to answer. On the contrary,
the motive was to impress the econo
mic truth that idle gold, or idle ships,
or idle resources, or idle any thing can
mean only staganation and ruin,,
whether it be of the merchant marine
or not. When resources are as i<ye
as Uncle Sam’s idle gold and idle
ships, there is nothing doing. Idle re
sources in the port of Wilmington do
not mean anything for the upbuilding
of Wilmington. We know Mr. Chad
bourn wants our idle port resources
utilized, but the question is how all
of us can bring that about.
—-o
Governor Morrison is Happy.
■o
Governor Morrison deserves the
rest that he is to take at Charlotte,
following the strenuous life he has
led during the session of the general
assembly, which adjourned Tuesday
night. Probably no man is better
prepared "to interpret the work of the
legislature than the governor., He
regards the record of the general as
sembly as altogether satisfactory, al
though in some respects it failed to.
do everything some of ns- expected 'it
to put through.
“Upon the whole,” the governor de
clares, “I ami greatly pleased at the
record of the general assembly. It
has only one rival in the history of
southern general assemblies, and that
is its great predecessor of 1921.” “It
will come back again, in my opinion,”
he added, “and add to its great record
the necessary legislation to establish
water-carried commerce upon our
wonderful navigation waters.”
When the general assembly finish
ed its work on Tuesday night, the
governor’s friends at Raleigh boasted
that Governor Morrison is now strong
er than at any time during his ad
ministration. Certainly, the gover
nor has grown stronger, and the
state has every reasonvto thank pro
gress for the legislatures of the Mor
rison administration. Governor Mor
rison’s whole aim has ben to be of
constructive servifce to the state, and
the legislatures of both 1921 and
1922 haVe helped him to^ put North
Carolina on the map.
.--—o
CONTEMPORARY VIEWS.
'-0-• N
SHUFFLING THE POLITICAL CARDS
I>' ENGLAND
--The .impassioned appeal for unity*
which Mr. Lloyd George In his speech
in ^Edinburgh made to the Liberals
who still follow Mr. Asquith has not
met with a very, cordial response. The
Asquithian Liberals might say . that
they 'arc doing very well as they are.
They have just defeated a member of
Mr. Bonar Law's' Ministry who had
to. submit himself to his constituents
| in seeking again af seat in the Com
' mons which waa supposed to be safe
' for the Conservatives. Moreover, Sir
John Simon, Who is thought to speak
for Mr. Asquith, has just made an
address in which" he "pointed out the
folly of a forced reu£io,n of the Lib
erals without a qomimm program and
a leadership" whk;h would command
their confidence. This last slap at Mr.
Lloyd George indicates that his virtu
ous declaration that he would not
aspire to the leadership of a reunited
Liberal Party did not' exactly com
mand confidence.
While the Liberals are talking of
getting together, the Conservatives are
actually doing it. Early last month a
j report vame from Gibraltar, where
■ Lord Birkenhead was spending, his
holiday'—just -Across the bay from
Lloyd George at Algeciras—that he
was thinking of ". joining the National
Liberal Party, at- least long-enough to
hel,p turn out Mr. Bonar Law and
form a new Coalition Government. But
the noble and indignant lord sent a
j telegram to the press denying the story
and calling it “ a foolish invention.
Such it may have been, but it did not
surprise some who have followed the
erratic course which "Galloper Smith!
has traversed from Ulster to the wool
sack. Indeed, the sarcastic Morning
Port of London dwelt upon the possi
bility of his founding a party of his
own, with "Smith, ' Minor,” as its
leader. But Birkenhead has now re
turned to England, and was said on
Sunday to have met Lord Derby and
heartily shaken hands with him. This
rencounter may have reminded some
of the bystanders of the famous re
conciliation between Lord John Rus
sell, and Palmers/ton, when, it was
said, “they embraced and hatqd each
other more than before."
The incident suggests that a move
ment to bring back the dissident Con
servatives into the Bonnar Law fold
is well under way. It was regarded
as probable, one may say inevitable,
from the day of the last general elec
tion. Members who have followed
Austen Chamberlain and Lord" Bal
four and Chancellor Birkenhead could
not be expected forever to stay in the
wilderness. They could not patch up
a union with the Liberals; they would
not think of working with the Labor
Party; and the only thing left was to
go back and be uncompromising Con
servatives once more. That process hgs
apparently begun. Doubtless Borne of
the members of this die-easy faction
of the Conservative Party will before
long be givpn places in the Govern
ment.—New York Times.
LETTERS TO THE EDITOR
-o
■THE SHIP SUBSIDY
Editor of The Star:
Now that Wilmington is beginning
to recognize her polentiality as a
great port of entry and gateway to
the rapidly growing state of North
Carolina it seems a proper time to
elucidate, so far ps possible, some of
the problems of shipping in order that
our own people may understand why
the American merchant marine is in
its present condition and what motive
actuated the president in his laudable
desire to promote this great business
by means of a subsidy, in jny opinion,
the only possible way in which we can
have a merchant marine worthy of the
name. ■
Before the war about 14 percent of
our imports and about 8 percent of our
exports were carried In American ves
sels. It goes without saying Uiat it
is poor economics and might lead to
disaster from the standpoint of na
tional defense to permit so large a
preponderance .of foreign shipping.
For instance in the Spanish war It was
necessary for u^-^toi temploy foreign
ships to carry coal td'vessels of our
own navy and -it is not inconceivable
that a situation might arise when we
could not do this.
First, as a matter of personal privi
lege. I desire to disclaim any political
reason or sympathy for‘this explana
tion or-any reason at all other than
that, as we are all waking up to the
realization, which for years I have
endeavored to stress at every possible
opportunity, that our port is out best,
asset and the sooner we take advan
tage of it, the sooner will Wilmington
come into its own. Therefore, any in
formation bearing on this subject
should be of Interest to us all. Of
course, I am fully aware that thoa
question has developed into a partisan
and sectionar measure, but as I see
It, it is a matter far too vital to the
country' at large to be considered from
the narrow view, of party aggrandize
ment of executive humiliation. Party
lovalty is all right. It is necessary
and desirable for .progress and safety,
until it reaches the point where it is
so blind that no .consideration of ultN
mate good to the country will cause It
to devite from its fixed purpose, Uft
fortunately our politicians, and they
are hacked by that part of the press,
of similar affiliations, are too prone to
consider all maters of national import
in the light of political and personal
interest rather than as; measures for
the weal or woe, the good or evil, of
the country as a whole. -And when the
day arrives that - the men whom we
send, to Washington to Represent our
interests will forget themselves and
safeguard those interests on that day
will.the words politician and .patriot
be synonymous.
Your leading editorial this mornipg
was incorrect both as to1 facts and de
ductions. There are several main
causes of the failure of tfce merchant
marine, none of which were touched
upon by you. Probably the chief rea
son is the .seaman’s net which was
passed some vears ago, sponsored by
Senator LaFollette, always erratic and
a disturbing element in his own (Re
publican) party, of Wisconsin, a state
which is about 1,500 miles from either
ocean, although it is bounded on the
north and east by two great lakes.
Under this act wages and working
conditions of seamen, while essential
to enable them to confront to the
American standard of living, are such
that we can not possibly compete with
countries whose laboring class lives on
a much more simple diet and has
practically no standard of living at all.
It is my recollection that shortly after
the ratification of this law one large
steam ship company on the west coast
went out of business altogether' anc
others placed their vessels under for
eign .flags in order that they might
employ Lascars, Chinese and other low
class types of seame... ,
Another reason is that foreign ships
! are Usjiilt at less cost than ours be
I cause our scale of wages is much
j higher. German ships built since-thf
i war have been paid for in marks and
j the crew is paid in mark3. rfio give ar
i idea of What this means, it recently be
came necessary for a Germa^ ship tc
| employ an American fireman.'He prop
! erly demanded and received his paj
j in dollars. As a consequence his com
! pensation iri purchasing power exceed
! ed that of the entire balance of the
(-crew including the captain, all oi
| whom were paid in marks.
I The subsidy, in addition to devised tc
1 meet the necessary difference in opera
ting costs and while there might be
an honest difference ef opinion as to
: application I have hea)rd little opposi
i tion to the general principle. As a
matter of fact X have been informed
that the predecessor of the present
' executive, who. was- of the opposite
political party, was himself in favor
of some kind of extra compensation
to American ships and your own sug
gestion of governmental operation is,
in effect, a subsidy with this difference
that your system would entail far more
cost on the people because in its final
analysis the government is the people
and can pay nothing except it first
receives it from the people. You are
of course aware that England, the
g I taicoi iiiaiuuic uaviuu 111 me v» iv»i
has subsidized its ships for years,
i You advocate the operation of ships
| because we have idle gold in the treas
ury. „I fail to see the connection. That
theirS is too much gold in the treasury
is a temporary condition. I have
known the reverse to be the case. Some
25 or 30 years ago we had to sell- sev
eral issues of bonds of one hundred
million dollars each to keep the legal
reserve of gold in the treasury. This
present condition will soon be partial
ly relieved by reason that some of this
gold will be needed to pay freight to
owners of foreign bottons. The opera
tion of ships by the government, tak
ing past experience as a 'precedent
which is fair, Involves an annual loss
of $50,000,000. Uncle Sam Vfas not, as
you say, giving his idle gold away but
was attempting to dispose of ships.
Ships which an emergeny demanded,
which another angle of the same em
ergency plus some other conditions
which are so notorious as not to need
mentioning made them cost far beyond
their real or normal value. That was
all right. At the time and under the
conditions it was the proper thing to
do but the emergency has ceased to
exist. We spent three billion dollars for
ships. Of these 600 wooden ships were
absolutely worthless and were sold for
junk, in some cases eevn contractors
being paid to destroy them. The con
crete ships were of no value. We
have practically 1,400 steel ships of
which about 400 are in operation the
remaining 1,000 are tied up in various
ports not only carrying w-horfage care
taking and other charges but rapidly
deteriotaing in value. Now the ques
tion arises what is the best thing to do.
As Grover Cleveland asid "We are con
fronted with a condition, not a theory.”
We can scrap all these ships, we which
on the face of it seems a cruel sacri
fice and probably would be just that.
We can continue to operate jtart of
them by allocation' as at present, at
a minimum loss of 50 million dollars
annually.
We can sell them to one or two
American companies at a tremendous
loss and without control of their final
destination. It would hardly be prac
ticable to sell so many to individual
bidders. - - .
We can sell ‘them abroad thus mak
ing competition easier for them than
ever. This Would be following the
line of least resistance which is usual
ly an economic blunder and in this
case would serve to drive Us from the
ocean.
Or at,a cost of about 25 million dol
lars anually we can subsidize them
thus making disposition of- them to
Americans possible .and also establish
ing an American merchant marine
which, in my opinion, can be done in
no other maner.
In order to keep the record straight
I call your attention to another error
and still disclaim any political mo
tive or sympathy as above. You state
that there can be no interehance if
commerce with the United States and
other nations under the Fordney-Mc
Cumber act. Contrary to your many
prophecies in the past and in con
travention pf this statement., the rec
ords show that if you wish, we will
say not because of but in spite of this
act, both ■ exports and imports have
materially increased in value and
volume since its’ pasage.
It seems to , me that no sense of
party fealty should blind, us to the
palpable facts./"It lhv too important. It
is too far reaching/1 in its effects. It
is too serious^-—©f'course nothing can
be done in the way of a subsidy until
the 6Sth| congress assembles which
will not be until December, but why
not utilize the intervening time in an
effort to ascertain the facts and to
look at them from the broad view of
the country at large and the resultant
benefits rather than to its effect on the
fortunes of either political party.
- C. C. SHADBOURN.
City, March 7, 1923.
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Over l7 Million Jan Uted Yearlu
.COUGH
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PREVENTIVE MEASURES
You should be concerned about keeping your resistive*!
vitality at high mark. Prevention is often easier
■than cure. Keep the blood, pure and the body well
nourished—it’s your fortification against germ
infection* Thousands are proving the power of'
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As a preventive measure, fortify your\
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Better mpit-Now!
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Statement of Condition of
The Murchison National Bank
* of Wilmington, N. C.
- At the Close of . Business December 29, 1922
. > " --
RESOURCES
Loans and discounts........$ 9,252,952.19
Customers’ liability acceptances ....- 190,000.00
U. S. bonds ..• • • • • • • 800,650,00
Bank building...• •. • 375,000.00
Bonds and other securities ...............^ 94,000.00
Cash and due by banks ..,.. ................ 3,977,703.79
TOTAL .... ./$14,690,305.98
LIABILITIES
Capital stock . .t %.. .5. . . . ...$ 1,000,000.00
Surplus and net profits.... 1,138,267.69
Reserved for taxes... 65,293.11
Circulation .. . ... 615,000.00
Acceptances .." 190,000.00
Rediscounts with federal reserve bank... 675,773.65
Deposits \ .;..... 11,005,971.63
TOTAL ,
$14,690,305.98
Hilmmatmt fUamtog £fetr
Bible Distribution
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far-famed Red Letter Bible (Christ’s sayings printed in red for
immediate identification), and the Plain Print Bible for those
who can spare but a nominal sum.
Only Three Coupons
Clip this coupon anti two others and present or mail them to this
paper with ^tbe sum set opposite either style, and come into
possession of your Book of Books at once.
Style A—Red Letter Bible, over
lapping limp black leather covers,
red edges, round corner*, gold let
tering, large, clear print, QO
three coupon* and only
Style JB—riain rrlnt Bible, ■usn i
limp black seal grain textile leather |
cover* red edges, medium large >
type, strong and durable* qo .
three coupons and 570C l
w_n . Send amount for Style A or Stylo B, with three
IY1&11 UiUCio • 0f these coupons, and include 13 '‘cents additional
lor postage, packing and insurance.
A Chance for Every Reader to Get d New Bible
FISH SCRAP
FERTILIZERS
Special Fertilizers for Tobacco and Cotton
N. B. JOSEY GUANO COMPANY
Wilmington, N. C. Tarboro, N. C.
Correct Lighting Helps to.Satisfy the
Customers
CITY ELECTRIC COMPANY
206 Princess Street , U Telephone No. 995
“Everything Electrical”
J. B. McCABE & CO.
CERTIFIED PUBLIC ACCOUNTANTS
Poatofflc* Bos ISMS «0T MnreW*o» BuUdlat
WTUmfGTQJf, NORTH OABOUHA _