News of Week- in and 1 j
About Blowing Rock
High School PupiU to Prcient Com- ' ^
edy, 44Unacquainted With Work/' j
Blowing Rock, Feb. 21*?The com-1
Iedjr, '"Unacquainted With Work/';
on which pupils of the Blowing Rock;
high school have been rehearsing for.
two months, will be given Saturday j
night in the school auditorium. The
pupils, who have been directed by c'
Principal A. E. Mercer, are said to p
be exceptionally well prepared. S
The cast is as follows: Glenn Cof- f
fey as the vountr man iimi.-rmniiil-pH
with work; Jay Knight as the landlord
who wants his money; Bynum '
Crisp as the briefless young lawyer
just admitted to the bar; Fred Spann '
as the pugilistic aspirant in love with
Biddy $ Willia Holshouser as the f,
bellhop at the "Drummer's Rest"
hotel; William White as the detect- ?
ive; Lucy Williams as the niece of J
the landlord; Elizabeth Sudderth as 1
Biddy the chambermaid; Lucile Reid
as the wealthy widow, aunt of the ]
young man unacquainted with work; s5
Lucille Coffey as agent for "A ?
Daughter of the Gods," and Ruby
Richards as the cook.
Paul Foster will represent the |
Blowing Rock high school in the |
five-counry declamation contest
sponsored by Prof. 1 Ci. Greer of the j 1
Appalachian State Normal.
Mr. John S. Williams will leave '
the first of the month on his spring ?
work with the agricultural depart- j
ment, working twelve counties in j
the Elkin-Asheviilc section. In the \ -j"
fall his territory will include 25 ;
counties in the western part of the1 11
state. i a
f Mr. and Mrs. (.'. S. Prevctte were i ?
hosts on the eve of February 22 ai 1
a small but delightful dinner party, j
Pink and white hyacinths surround-\ 11
oi\ by candlcy carrying out the saroei ^
dolors formed a centerpiece, and anj *
appropriate menu was selected for [
the occasion. Guests included v
M:sses Lena Reevevs and CoiinicJ?
Moodv and Mr and Mrs, Rupert Gil-' ;
k-tt. ' 4
Mr. and Mrs. Fred Hartley had as "
guests over Sunday Mis- Hartley'-^
sister and her husband, Mr. and Mrs. i *'
S. G. Roberts, also her sisfcer-iti-law, j
Mrs. Perry Neal Kerlcy, all of 1
Johnson City. Tenn. Mrs. Kcrley ? ^
will .join her husband on his ranchj 1
in Wyoming in March and is an- 11
t.ici paling :i great deal of pleasure in
the new experience of ranch iife.
Miss An iiie \Vard is visiting rcla-l0
lives in Lenoir.
My. If. 0. Mayas spout a recent!
week-end with Mrs. Hayes and their;
daughters in Itaieijijli. Both diiughu-rs
are in school there.
SUPREME COURT TO DECIDE
FATE OF WAYNE SLAYER '
<i
the conviction of Harry I
Newson-.e, Wayne county negro, sentenced
to lie electrocuted far the j a
murder oi' Beula Tedder,' 1 5-vear-ortj
daughter of a Wayne county farmer,! a
following the sensational Sunday!'
trial during which an effort was j c
made to lynch Ncwsoim-. will be :.l i ^
lowed to stand, or whether a new j c
trial will be granted him, is now up,
to the state supreme Court. The, ;;
case was argued last Wednesday by I h
M. 3. Loftin, who entered the e
ifca) for Ncwsomp, acting as his attorney
under appointment of the | <1
court. i o
There was a wave of protest o\ ev I '
the state following the conviction of j
Newsome, since it was felt that I a
Judge Henry A. Grady, - who pvesid-eil,
erred in permitting the trial to I
proceed following the attempt made; 1
by the Tedder girl's father and pfh-! a
err to abduct N'ewsc.me from the I c
courtroom while the trial was pro- a
cceding. It was only after the sher-!
iff had been compelled to fire his; f
revolver at the ceiling in order to ! c
quell the mob, and after the judge i I
had threatened to shoot anyone who f
further attempted to molest the. prisoner,
that the trial was able to pro- I
coed. t
i
MRS. GATLIN ACQUITTED a
? 11
A jury of Rockingham county,
farmers after deliberating threeJ t
hours and thirteen minutes Wedr.es-: a
day night acquitted Mrs. Alrna Pet- c
ty Gatlin, of a charge of having mur- 1
dered her father. Smith T. Petty, at c
Reidsville, a year and six weeks 0
ago. The verdict was rendered in
dead silence as the crowd that filled
the room to overflowing obeyed the
mandate of the corirt that there was F
to be no demonstration. Aside from v
the sobs of the young woman, who f
had told the Rev. Thos. P. Pardue, C
evarfgelist, that she killed her father n
whose body was found buried in the v
cellar of a home they once occupied j t
and told the court she had lied to 1
protect the name of her dead moth- p
er, there was no noise as the verdict d
was read.
Mrs. Gatlin appeared for an in-i 1
stant to hardly comprehend the fact t
that words had freed her. Then t
with a loud sob she flung herself I
into the arms of her husband, Eu- gene
Gatlin, Roidsvilie lire chief,
r r;. +
MAT
A Non-Partisan Ne1
BOON
iyTICALEVENW
OF THE PAST WEEK
iigMighU of Political Activity of!
Both Major Parties Summarized |
From Recent New* Dispatches j
From Over the Country
Hoover Against the Field
Herbert Hoover, secretary of j
ommerce, who entered the Ohio j
residential primary in opposition to j
Senator Frank 13. Willis, Ohio's!
avorite son, now virtually faces the I
ield in the fight for the convention
elegates there.
The Ohio primary election law
equircs each candidate for district :
lelegate, or for delegate at large, to
tate his first and second choices,
provided, however, that the name
f no candidate for president, shall i
e used without his written authoriy."
While the Willis forces claim to
iave made no effort to guide the
econd choices, their delegate canlidatcs
are sure to name former
lovernor Frank O. Lowden of Illilois,
Senator Charles Curtis of Kanas,
Senator James E. Watson of
ndiana, and in a few local cases
Colonel Charles K. Fisher of Wilmngton.
Ohio. Although many
Villis hackers wanted Vice Pre'silenl
Dawes as second choice, he reused
his consent, saying he favored
lovernor Lowden.
The majority of the Willis dele;ates,
particularly ill the rural districts,
are expected to name Goveror
Lowden, for there is eonsiderhlc
sentiment in Ohio for Lowden
r Dawes on the*farm relief issue. It
; the feeling amoiur manv Ohioans
hat Vice President Dawes i; ulti- j
lately^ the man to be watched.
Charles H. Jones, secretary to,j
Senator Willis, declared had not Mr.?
lonwr entered the Ohio primary he I
;ould have been the second choice]
f main of. the Willis delegate?-, hut
hat now none of these will support
lr. Hoocer at any time at the K anas
City conyentid.ii.
The Ohio prihiary, thus, will proh- j
bly show not only Ohio's preference i
etween Senator Willis and Seere-j
ary Hoover but the choice of the [
late in case either Mr. Willis orj
dr. Hoover, .or both, should be eittni-j
;ated from the picture. r\
James K. Garfield, son of f'resileiit
Garfield and former secretary
f the interior, has been picked as
econd choice by the Hoover faction ;
nd has written his consent.
^ I
How Candidates Stand on Pro- |
nibition Issue j :
Loading candidates for the Kepubican
inid Democratic presidential >
loaiinations, in recent statements, j
layp indicated their attitudes toward i
rohibition as follows:
Gov. ALFRED E. SMITH? I . .
dvoeate nothing that will infringe j
pon the precisions of the eighteenth j
mendment. it is nevertheless aj
act. that the definition of an intoxi-!
stting beverage contained in the |
folstead act is not an honest or a j ;
ommon sense one. ^\!
r k a .s n u. 1 ' u l J t . A?j .itano j
qur.rely jvith the president in what ;
n said in hi-: annual message (that. J;
itirons ought, to obey the lew).
SENATOR JAMES A REED-- I
? not think ftho prohibition question
sight to control in the convention,
'he question is important (Mr. Reed
s an avowed wet), hut. it is largely .
moral one.
SENATOR CHARI.ES CURTIS?
. . . am heartily in favor of faithuily
enforcing all our laws, and I
m opposed to the repeal of the
ightcenth amendment or the Vol- ,
tead aet.
GOV. ALBERT C. RITCHIE? ,
other the Volstead law must be ;
hanged or it must be enforced, and, s
am convinced it cannot be enurceck
SENATOR FRANK R. WILLIS? j
would put forth every effort to see j j
0 it that the eighteenth amendment j
1 observed, obeyed and respected.
nd the laws enacted thereunder cnoveod.
HERBERT HOOVER is opposed
o the repeal of the eighteenth .
mendment. \ favor vigorous, sinere
and efficient enforcement of .
he laws and fee! that whoever is
looted president must, under his
ath, pursue this course.
Mies America Voting
Miss Mary Meekins, daughter of i
'ederal Judge Isaae M. Meekins, |
/as informed the other day that the .
irst district convention of N'orth .
Carolina had named her as an alter
iate to the Republican national condition
in Kansas City with instruc- j
ions to vote for Lowden, whereupon i
liss Mary retorted. "I'll Vote as I
lease, and if I don't vote for Lowen,
what will they do about it?"
Behold Miss America in politics! ,
t might be possible that time will
each the female politicians to play
he game with hush-mouth tactics. ;
t might be; but time wili have a
(Continued on Page Eight)
*vspaper, Devoted to the
E, WATAUGA COUNTY, NORTH (
New Airplane Motor
Runs Without Fuel
Electro-Mechanical Devise Is Tested
Out Successfully; May Revolutionize
Air and Auto Transportation
Detroit, Feb. 25.?The Detroit
Free Press toda^ said that an airplane
motor operated clectro-maglipticallv.
witKfiiiif itntftliiin a?- nthof
fuel, has hccn tested successfully
by Col. Charles A. Lindbergh and
Major Thomas G. Lanphier, flight
comander at Selfridge Field.
The motor which, the newspaper
pointed out, might revolutionize the
entire scheme of automotive power,
was the invention of Lester J. Hendershot
of Pittsburgh, the article
5x1 id.
Col. Lindbergh, Major Lanphicr
and D. Barr Peat of Pittsburgh,
business manager for the inventor,
conducted a test of the motor yesterday
at Selfridge Field, and the Free
Press reported it was "successful in
every respect."
No direct authority for news of
the invention was given other than
that it emanated from one of the
four men-?Col. Lindbergh, Major
Lanphier, Hendershot and Peat- The
first two. reached early today, refused
to comment.
The Guggenheim foundation foi
promotion of aeronautics, the article
said, has arranged for an immediate
demonstration of the motor, which is
said to be based on the principle oi
electrical magnetism, as applied to
the rotary motion of the earth.
Pittsburgh, Pa., Fob. 27 r-?F. \Y.
Hochstetter of the Hochstetter research
laboratories here, todey do
clayed the "fuel less" motor of Lester
.J. Henilershotr West Elizabeth,
Pa., inventor, was a '-generator and
not a motor at nil."
Hochstetter, who said he had negotiated
with^Hendershdt on "what
appeared from newspaper reports to
have been the same things he is now
trying to promote, asserted "it does
not take electricity from the air?it
gets its electricity from a concealed
carbon pencil battery."
Hochsfcettet exhibited models of
what he claimed were early model*
of the Hondcrshot motor, and said
the current was supplied fror/i cells,
and iti one instance from the current
in a house, :> ''
'Of course, T had pencil colls in
those things,P said Hortdorshut. "I
was experimenting with another af
fail an effort, to take electricity
from the air. And I stili believe I
actually did take some power from
the air. But it had no practical use.
Why. i evennated the pencil cells to
see how long they would last."
' .-r -..r?. -.1 : J** - '
A GOOD WOMAN GONE
' Vv :rTT
Airs. Farthing, aged consort of the
late Re v.- Harrison Farthing, of
Beaver Dam. died at her homo on
Friday night of last v.-.'rk, the
funeral being conducted by her pastor.
Rev. L A. Hurst, at. Bethel
Baptist. church Saturday afternoon,
A large crowd of a ami ring relatives
and friends were HVM-mble'.l to pay
their last respects to the lady they
had loved so fondly. Quite a auraher
of relatives front Boone were in
atendance.
Mrs. Farthing was. before her
marriage Miss Carrie Dougherty,
aunt of the Dougherty brothers of
the Appalachian State Normal.
To Mrs. Farthing's last marriage
was bom one son, Mr. Carter Farthing,
now h member of the county
road commission.
Watauga county could boast of
110 better woman than she. A devoted
Christian always active in
ihureh and Sunday school work; a
neighbor and fiitnd of the variety
that, is rapidly passing; and always
had an open hand lor those needing
assistance and always ready to apply
the halm of love and sympathy to
sorrowing and broken hearted.
Truly another mother in Zion has
passed to her reward.
THREE MEN LOSE LIVES IN
OISABIKUUS SHELBY FIRE
A disastrous lire originating in
the Central hotel in Shelby Thursday
morning snuffed out three lives
red caused a property damage estimated
at $300,000. Half a dozen
persons were injured and for several
Tours the blaze threatened the entire
business section despite valiant
work of firemen from Charlotte,
Gastonia, Cherryvilie, Kings Mountain
aiding local firemen. The dead
are 11. H. Carmichael, Charlotte; Or.
I. R. Henderson, Charlotte, and Henry
Kerr, a clerk in the hotel.
The flames were discovered in a
linen closet on the second floor of
the hotel at 6:30 o'clock by R. L.
White, a clerk. White ran to the first
floor and turned in an alarm. When
he attempted to return to the uper
floors he was burned by flames.
Henry Kerr, clerk, who ran
thr-ough flaming corridor's to warn
all guests, finally crawled to a ledge
over the hotel kitchen, from which
he was taken by firemen only to die
a few hours later at the hospital.
DEM<
Best Interests of r * thwej
ilrs^'r?*- l;:y.v ?
CAROLINA, THURSDA' ARCH J,
H JOSEPH ' ?*[
DIED SA* R I) A Y
Prominent and oved Citizen
! Passes After Long Illness; inter-j
| rn^t Monday Morning at 11]
I O'clock j
I |
Mr. If. Joseph Hardin, aged 71,5
one of the most prominent citizens j
of the county, died at his home justj1
without the eastern limits of the city
Saturday afternoon at o'clock, fol-1
lowing a serious illness of several
months' duration.
Mr. Hardin died in the same home
in which he first saw the light of day,
having resided there throughout his
long life. By dint of hard work
and careful management he was able
to amass a considerable fortune, as
fortunes are estimated here. Although
afflicted with vhonmoticni J
for several years, by the aid of
crutches, he managed to personally
attend to the affairs of the farm
until his fatal illness. He was a
consistent member of the local
Methodist church and throughout the
years took great pride in its achievej
mcnts, contributing: largely of his
J time and money to its upbuilding.
| Funeral services were conducted
from the Methodist church Monday
morning at 11 o'clock by the pastor,
Her. C. H. Moser. Dr. B. B. Dough;
city of the Normal, a close friend of
the Hard ins, paid tribute to the de'
ceased, The floral offerings were
varied and beautiful. The house
was filled with sorrowing friends, a j
small group of faithful colored peo-j
pie having also been allowed to he;
present as the last rites were said!
for their esteemed friend and hene
factor. Interment was made in the
town cemetery.
| The pall bearers \yeicj .1. S. Stpnbury,
F. A. Linney, U. Rivers, R.
1.. Binghap.v, Hi N. Hahii, Vy. 11.
Oragg, B. J. Councili and -1. I).
Council!. i
lb* is survived by three children, |
Dr. R. H. Hardin of Banner Elk, j
Mosdames (Irady Farthing and j
J llooficv Hetuirik ot Boone. Also by j
[two brothers, and one sistei. Mr. |
jl/Jphn F. Hardin <>i* Boone, J. if. !
'J'Hardin of Washington College.
,Tcnu.^ and Mrs W . U. Spainhonr of
' Jioono.
B to?./1:-.';- tif^l'p
KU KLUX DISROBES
Official announcement was made
las'. Wednesday that the Ku Kins
Kian had discarded the musk as a
part of its official regalia.
Ia a copyrighted statement issued
at. the organisation's Washington
headquarters, it was asserted
that "in every Klaveni throughout
the nation." klansmen "tonight, foreswore
the mask and made it clear
that the order has no political smbitions
for itself or for its members."
At the same lime, the statement
said that tonight's action was!
in preparation for "new and larger
activities in oury national life."
Thi statement quoted an edict
j from II. \V. Evans, imperial wizard,
j as fellows:
| "That on and after midnight of
February i?li, year of our Lord nine-1
teen hundred and twenty-c-ight, no j
mask or visor shall be upon the hel-i
met ol the regalia of any klansman. 1
It shall thereafter be unlawful for.
any klansman who shall be miavoi'f-j
ably absent from the meeting 01 a j
klan to be held throughout the in-j
visible empire on '.!2nd day of Feb-j
ruHi-y. shall as soon thereafter us I
possible, attend a regular meeting;
of the klan, and there become a
member of the Knights of the Great
TfiSOiitT hla'of r,ir c od ' t\> ^
dale all klansmen arc* forbidden to {
fraternize with, or remain in klar-;
nish fidelity to any who shall there-j
after wear upon his helmet a mask!
or visor."
BROOKS, FORD PLANE
PILOT, LOST AT SEA
Sebastain, Fla., Feb. 27,?A turbulent
sea tonight apparently still
clutched the body of Harry Brooks,
who dived to his death off Melbourne,
Fla.., two days ago while trying:
to make aviation history in a
"flivver" plane.
Spurred to greater effort by finding
today the wreckage of his tiny;
craft where it had been tossed i
ashore by the waves, seaplanes, mo-]
t orb oats and motorcycle police re-t
doubled their futile search for thebody
of the resourceful chief pilot,
of the Ford interests. j
NEW ADVERTISEMENTS
I
Spainhours'?pages 2. 5 and s.
Boone Chevrolet Co.?page 3.
American Tobacco Co.?page 3.
\V. R. Winkler <i. Co ?-page 3.
ft. .1. Reynolds Tobacco Co.?
page 6.
Wata.ga County Bank?page ).
Hodges Drug Company?Page 5.
Sheriff Farthing?page 6
McCohfieli Motor Co.?page S.
Isaacs' Bo.pt. Store?page 8.
3CRA
;t North Carolina
??1>_- - ?
1928
Beech Mt. Timber (
Will Soon Be Cut
Tri-County Uumh^r Co. Preparing
to Cut County's Largest Boundary
of Virgin Timber N
information reaching: Boone is to
the effect that the Tri-County Lumber
Company, of Baltimore Mary-;
land, successor to the defunct Chero-'
kce Lumber Company, is having a ?,
survey made for the construction of \n
a tram road from Butler, Tonn., to tl
Beeeh Mountain, where the company] e
has a "large boundary of timber, a
W. S. Whiting has tried for several' a
years to have a spur of the East j
Tennessee & Western North Caro-f a
linn railroad to built to this large p
boundary of virgin timber, but e
landowners living along the right ofi v
vscvjv ?uuiu nui. give {itTiiiissimi 1 or
the road to be built. Could this - 1
right of way been secured, the tim- r
ber would have been sawed at .Sbulls g
Mills, which would have meant the' tl
expenditure of a large stum of mon- L
ey in Watauga county. Rut it appears
now that Tennessee will a
benefit from the large operation, 1<
and Watauga will be the loser. , l!
It is estimated that between fifty g
and sixty million feet of lumber is
included in the boundary, and that s
it wilt take tAventy years to manu- j
faoture it into lumber. ! h
; i
PROHIBITION MAY SPLIT 1 n
DEMOCRATIC PARTY . I
J 1.
Washington, Feb. 28.?Two move-1
ments?one designed to put a damp- c
er on the presidential a.mirations of 1
Governor Smith of New York, the v
other to force both the Republican
and Democratic parties to i??. mo, I
mark <m prohibition in the coming; n
campaign?rgot under way here to i
day under the direc tion of a group i t
of dry leaders. e
The offensive directed at the two ?
political parties was launched at a d
conference in which representatives I
of :>0 or more national temperance li
organizations participated. kosolu- 't
tions Were adopted demanding clear- v
cut prohibition planks and standard v
bearers genuinely dry. ? v
While the meeting w:.s In t
plans were disclosed for. an anti-su- a
loon league conference. next, month u
in St. Petcrsbuvy,. Ma., in which \
friends of jSmhibition in nine southera
states wi.i he invited to have a I
hand. At that 'time, those 5h charge- i
of arrangements predicted a c ounter- I
offensive against Ciovemor Smith v
will take definite form. j :i
While reluctant to discuss for puh e
libation what will ho done, they gen- :
orally forecast a discussion tbatj 11
would include the advisability of! n
urging southern Democrats to holt I I
their party in the event the New ! s
Yc.rh governov i;: nominated at ii
Houston. ' : ' 'i - I h
The announced purpose of the regional
meeting: ni St. Petersburg: is o
to canvass the prohibition situation
south of the Mason and Dixon line ii
{ the Mississippi, hilt a-| ^
political airing also is- regarded' as ti
inevitable by onpertcd |/;rtL;cipants. h
the conference, which will continue l
throe days, will begin March I n
' j h
HAMMER INTRODUCES 'I
NEW MARRIAGE BILL h
... j n
Washington. (Feb. 28.--From ; '
North Carolina has come prospective j b
protection for the District of Coium- si
i i from modernism as it relates to j ii
matrimony, a 0111 to prr.hil.it com- panionnte.
or trial, marriage's in! b
the district was introduced today by; 1;
Representative William C. Hammer, j H
of that state, and a member-of the b;
house District of Columbia commit-iw
tee.
In its definition of companionate li
marriages the bill distinguishes them it
as marriages in which there is an' 1
agreement at the time of hte wed a
ding that the mint shall not be re-1 tl
sponsible for the support of his wife, ; 2
OYSTER SUPPER FOR ! w
CHAR1T AB1.E PURPOSES j h
The Americaii Legion Auxiliary) b
will give an oyster supper Friday j$
evening, March 2, beginning at 5:30| 3
o'clock, for the benefit of the A tlx-!
iliary and lor miscellaneous chari-i
table purposes. The affair will take t C
place in the Hahn Building where! J
the new Greer Cafe is soor. to open. 1 o
LOWDEN FILES AS FORMAL : S
CANDIDATE IN N. DAKOTA $
; i
Bismarck, N. D., Feb. 28?Former js
Governor Frank O. Powder, of llli- y
nois. announced himself as a candi- h
didatc for the Republican presiden-l 4
tial domination in a personal deela- c
ration filed late today with North j n
Dakota's secretary of state ii
t
VISIT RELATIVES IN MEBANE ! b
James W. Bryan, Esq., and neph- a
ew, Burl Phillips, returned Tuesday' 5
after-noon from a visit to Mrs. Cavo- t
line Phillips at Mebanc, N. C., sister f
of Mr. Bryan, and mother of Mr. c
Phillips, who has been very ill with b
pne.umonia following measles. They
report her condition as somewhat improved,
but 3li)l she is very siek.
. JL
?
FIVE CENTS A COPY
MENS HEAR
ABOUT B. & L.
li. Leon Cash of Winston-Salem Addrc**ies
Joint Meeting of Civitans
and Building and Loan Directors
at Delightful Banquet
A number of representative ciLiens
of Boom- and Watauga county
'rpr'c given a sumptuous dinner at
iv Daniel Boone hotel Thursday
vening of last week, by the Watuga
Building and T>oao Association
nd the Boone Civitan Club.
After the gusts were seated
round the tables. Rev. Claud Moser,
astor of the Boone Methodist
hurch, Jed in prayer, following:
rhich all present joined in singing
North Carolina II ills." led by Prof.
. G. Greer. Mr. \Y. H. Gragg. secetary
arid treasurer of the Wataua
Building and Loan Association.
Ken introduced each person present,
drifter was then served.
Misses Nell Trivett, Nell Smith
nd Blanche Smith rendered excellent
music. A reading, "The Most
'opular Book in the World," was
iven by Miss Mildred Mel)ade.
Prof. Greer sang some folk-lore
ongs with Mrs. Greer at the piano.
The main feature of the evening,
owevc-r, was an address by Mr.
.eon Cash, of Winston-Salem, who
lade an interesting talk on the vaious
phases of the building and
>an.
Mr. Gragg gave some facts conerning
the Boone (ivitan Club and
he building and loan association,
rhich in part are as follows:
"This meeting is sponsored by the
Joonc ("ivitan Club, which is comosed
of about 10 business men of
he tosvn. We meet at the Daniel
lopne hotel around these tables evry
Thursday at 12:45* L ;i man
alls another \\i i . it costs him a
inie. if he is late he pays a dime,
i" hi; fails to come for three times
it; becomes a non-member. We pay
T> cents fo; our lunch and discuss
arious probb ms that \vt think
roithwhile to Watauga county. We
vant the people who live out of
bv/n to come to town more. We are
11 country folk moved to town. We
[re v",;. i you -i?? hen-; toiiigh ami
? * w:> u you to conic hack.
<>i?: club requests lUffcront mem?ors
*>the Oreranization to put on
no,grams. Tonight it is Buildlug yVs
.oan night. I want to say that, men
i ll! not shoulder a guii and fight for
i hoarding house, a rooming: house
r ;i light-housekeeping apartment.
"The destiny of the country does
?>i depend on roomers. Any government
built of this kind of folk is
ound to fail and is doomed for detraction.
Therefore, we are putting
n a good deal of our time for the
adding and loan associations.;^
"The .first building and loan a isolation
ever organized in the United
dates was formed in Philadelphia
i 18ill, almost a hundred years ago.
A that time. Wo had one organlzaiog
in the United States; today we
ave 12,'?2t> associations, and in
the building- and loans in the
aiion helped to finance oSthOdO
omen. That is a lot of homes, butrat
is hot all we did in 1*92(3. We
elped t<> house more than 2,000,000
ien, women and children. We have
0,6(55,705 members a tthe clpse of
usincss in 1020. We had total asiV
cS": !?<-" "O.I A/VA Ann -r.? t '
of ^U,0^,SVU,WI>. i III' OUIK1ig
and loans of the United States
ike the leading place in all the
uilding field, and the building and
>ans of the country have more capal
and assets than all the national
ariks. That is a little idea of what
c are doing in the nation.
"Just a little about North Carona.
The first building association
i North Carolina was organized ir?
8S<3 at Wilmington. The same
ssociation is in existence today. At
le close of business in 1926 we had
35 associations in the state reportlg
to the insurance department,
ith total assets of $87,715,000. We
ad 96,590 stockholders and during
ie year we sold 504,640 shares. We
uxlt 6,879 homes at a total cost of
15,915,655 27, an average of $2,00.
The average earning for 1926
as a little more than 0 per cent.
Coming down a little closer home.
>dr association was organized in
souary, 1921. We were 79 months
Id at the close of business last
ear. Our assets lor 1923 Were
74,101.43; 1924. 133,010.63; 1925,
189.136.78; 1926. S264,904.68, and
927, $351,801.39. This shows a
ubstantial growth for the last four
ears. The total number of stock
outers on December 31, lazb, was
69. We had 457 white and 12
olored stockholders. Wo have fiisnced
and helped build 274 buildugs
in Watauga county; 244 of
hese are homes and 25 are business
uildings and five are churches. The
verage loan to each individual is
4,S40 00. We have earned from
he installments 8.4 per cent interest
rom December to December. We
losed business with not a single
^ad check on our hands.
"In every mortgage we take it is