Newspapers / Watauga Democrat (Boone, N.C.) / Feb. 12, 1942, edition 1 / Page 2
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PAGE TWO The Week In Washington A Resume of Governmental Happenings in lbe National Capital Washington, Feb. 11?Although the government now has the power to dictate prices on all types of commodities, no immediate action to put ceilings on the retail prices of consumer goods is contemplated. Such action will undoubtedly be taken as it becomes necessary, but immediate action of the administrator of the new price control law will probably be largely confined to strengthening the ceilings already established on materials needed in defense production. Until the new law was passed, the price ceilings imposed by the office of price administration depended on voluntary co-operation. Now they can be enforced by the threat of heavy legal penalties. The new law also gives Leon Henderson, federal price administrator, power to dictate price ceilings on all consumer goods 1 and on rents. Just when he will j take any action in these prices will J probably depend on how much voluntary co-operation he gets from re- ; tailers and wholesalers on keeping ! prices down. Mr. Henderson's gen- 1 eral aim is to keep prices at approximately the levels they were in April, 1941. The subject of greatest debate in formulating the new law was the question of farm prices. Some members of the farm bloc in congress sought to permit farm prices | to rise to 120 per cent of parity, but because of charges that the bill was becoming a "farm relief measure" i instead of a price control law, it was finally agreed to limit farm prices j to 110 per cent of parity. Secretary ot Agriculture "Wickard now has stated that he intends to prevent farm prices from rising above parity. He has the power lo do this, since he can at any tune break prices by putting on the market the government-owned supplies of farm crops at any price he sees fit. He is already demonstrating how this works by releasing some government corn beiew current market levels and he is believed to have broken the price of cotton merely by stating in a soeech that he planned to release some government controlled cotton for use in army uniforms. The government's original purpose in buying huge quantities of farm products was to prevent farm prices from sinking to disastrously ] low levels, but it is now apparent that these stocks can be used in the other direction to keep prices from going too high. President Roosevelt objected to the new law permitting farm prices to rise above parity and it is believed here that Secretary Wickard's ' * SIVMTTV" ' ~ / DEPEND / OF MY V AWCv I ^ ^ * Notice of Stock] J? The Stockhc J; Watauga Building ? !; are hereby notified that the | ing will be held in the offic |! in Boone, N. C., on Februar !; for the purpose of electing J ensuing year and for the trs 11 ness as may properly come JI Stockholders who cannot at !; to fill out and return the | been mailed them at once, as |? unless a majority of the ste || W. H. GRAGG, S | Wi stand has been influenced by the President's views. In signing the bill, the President I P commented at length on the right of W. the government to dispose of its JA surplus stocks in order to keep < prices at fair levels. He also said: U "1 feel that most farmers realize that when farm prices go much P above parity, danger is ahead. One fi of the best ways of avoiding exces- _ sive price rises, of course, is abun- LI . dant production. And I hope agri cultural prices can be maintained at ! such a level as to give larmers a fi fair return for increasing produc- J tion." LI It is estimated that, even if prices : are kept at parity or below, the m farmer's income will be greater this Ji year than any year since the last 'P war. Total farm income for 1942 is LI estimated at about S13,000.000,000. Although farmers are being called b upon for record production of all Ji kinds of crops, it is well understood IM | here that farm labor is becoming an IV ' increasingly difficult problem. He- D cause of the ioss of man power to ? defense factories and to the army WA and navy, it is realized that those im working on farms will be forced to ! work inereasinelv lone hours and Ll should be- compensated for their in- ^ creased labor. Wi Members of the farm bloc in congress point out that the average in farmer works at least 62 hours a |l week whereas defense workers in factories work only 40 hours a week K and get time-and-a-half for all hours K over 40. TA Every labor union action which J interrupts defense production in or- M der to get even better conditions for Ee defense workers, is like a thorn in pr the side of farm representatives U here. If the farmer is going to put 'J in long hours of work at moderate luj pay and without complaint, they feel IS it is imperative that laborers do the pr same thing. WA Tbt effort of the automobile work- IM t rs' union to get double pay for IS these who work on Sunday is an ex- M ample of the type of action which _> arouses the farm representatives. jA Automobile workers now get time- [fl and-a-half for each hour they work ! over 40 hours, but the union de- H manded that those who work on ^ Sunday, even if they do not work WA mote than 40 hours during the week. get double pay for all work they do ! on the Sabbath. M That new disturbance of labor. plus the walkout of welders in the WA shipbuilding yards on the Pacific coast over an inter-union feud, has ip once again brought up demands in jl congress for no-strike legislation and K wage control. When the war first K started and union leaders agreed to 1m a labor control plan suggested by ? the President, it was hoped that M there would be continued peace on K! me labor iront. But now many congressmen are plainly worried again K over the threat of new labor troubles TM interfering with defense production, :a| Any serious development along this M line is expected to lead to drastic K legislation. Wt S OSS _ PAY ME YjlTtt Jl, S STAMPS AS PART" \ YA SALARY EACH WELK _ J '2 IP YOtiD LIKE To4iV?- J |X >1 RAISE,Nt>b ?AM MAkEy ^ t bonds / ? YA ? ~e i r?jr^ ? 4 J ^Vbdy rfl ??L=LJ !\m holders Meeting i;j ilders of the |J & Loan Association ;> ; annual stockholders meet- |! :e of the secretary-treasurer IJ y 20th, at 2:30 o'clock p. m. ;I a board of directors for the Ij insaction of such other busi- j! before the meeting. Ij tend the meeting are urged ! blank proxies which have ]> : the meeting cannot be held IJ jck is represented. ;! lecretary-Treas. u VTAUGA DEMOCRAT?EVERY THURSDAYIR5iBII!5afiSaP5aSSaiBIE8SIBiS 5 j Ladies' Hats All Ladies' Hats, values | up to $2.95, closing ! 50c each W ! Wcck-1 r ! Thursday, | For the week-end we are offering shoes and other items. In manj Get your share of these bargains i LADIES' i A large line of quality Ladies' < greatly reduced prices to make rc dise. These garments come in a in prices to fit every purse. | $59.50 Coals, reduced to ... $49.50 Coats, reduced to ... $29.50 Coats, reduced to ... $24.50 Coats, reduced to ... $22.50 Coats, reduced to .. $19.95 Coats, reduced to ... $16.50 Coats, reduced to ... $14.95 Coats, reduced to ... $10.95 and $9.95 Coats redn CONGOLEUM 9x1 2, while they last at the lov 6x9 Rugs $1.89; 18: *? J^^EHSSlVC^Brjr jr ? One table of ladies' Dress Shoes and Oxfords, $3.95 and $4.95 values 1 rack of Men's and Boys' Overcoats I being closed out at 1 (Some Curlee Coats included 1 rack of Men's Suits, broken sizes, Q4 some Curlees, only V J Men's Bon Aire Shirts of exceptional quality, special, 4 for Archdale Shirts, real quality garments, all sizes, 3 for BELK-WI 'Belk's 200 Stores Sell It For Le -BOONE, N. C. siiB??FaiBisaigBiBasaM st( End Sp Friday and \ our customers some very outs r instances the goods cannot be > while the stocks are complete COATS 3oats being offered at 91 x>m for spring merchanwide range of sizes and $39.99 | $33.99 $19.99 $16.99 | $15.99 I $13.99 I $11-99 Q $10.99 iced to $ S.SO^lfl RUGS J r price of $3.49 ?[ .ic. n ?? < !tJU IXUg 1UC ___/_ Men's good heavy W [J| 5 Shoes,, strong and du D AT T (! Men's and Boys' Dre tlALLb Shoes, a special valu , Q Closing out of big ta food O-OZ. at a discount of . , sizes 30 Plenty of Ladies' ar Igths 30 to quality Galoshes, pai ial Ladies' Ny on Hose, number, pair J pair 1 table of 36-inch Ou1 a Basement special, > 1 table 36-inch ankle r .. low price of, pair oz. rull cut ed Ove f" I Men's Dxess Sox, you >izes Pr'ce ^ ALL PRICES SI 00 1 Men's $1-19 Dress Shi | value, each only SI A OA 1 table of Percale SI VlUtvv as long as they last a 1 table of Ladies' Ny 10 ^ tunity at, per pair LV, OlO Archer's Silk Hose, i Cff CA $115 and $1.19, pair, s " * LL Sheeting; you sho $5.50 while it is priced at, j HUE CO FEBRUARY 12, 1942 5ssai65isaiPaisajB5isaR? ? OVE RACK OF Kj Cm Ladies' Dresses Q being closed out at Hal! Price h ecials j Saturday 5 tandirig values in clothing. n replaced at the price quoted, Q jn rabJe $1.69 tO $1.98 jj r $1.98 to $2.45 \ ble of Enamelware 331-3% 0 id Children's first $1.25 1 a very special basement 79c I ting, white, black and grey, ? An SI 'ard XUL. ga its, plenty of them at the 5c 5 (Basement) i should buy many pairs at 5c B (Basement) UBJECT TO PRIOR SALE g rts, an exceptional $1.00 I! beets, being offered $1.00 u Ion Hose, a rare oppor- $1.00 a! egularly selling for AA IS jpeciai t|*X?W Wl uld buy a full supply 10c a (Basement) ? MPANY | Boone, N. C. g \
Watauga Democrat (Boone, N.C.)
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Feb. 12, 1942, edition 1
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