Newspapers / Watauga Democrat (Boone, N.C.) / June 5, 1947, edition 1 / Page 2
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"WASHINGTON of QoTt miiMDi Hap in lha national Capital How high priced farm land is playinu its part in the inflation ary picture was depicted by L W. Duggan, governor of the Farm Credit administration in testi mony before the senate agricul tural committee. Mr. Duggan taatiified in favor of permitting federal land banks to make loans to farmers, on a similar plane as land bank commissioners. Many veterans and others are buying farms today, the FCA of ficial said which will be worth lass than the loans granted for purchase in ten years. He said i that recently a veteran purchas- 1 ed a farm for $29,000 paying < 110,000 cash. Then he asked for a < $15,000 (An. Three appraisers i were sent out to look at the 1 farm by the government and re- < ported value of the farm not more than $10,000. KPtM many other instance*. Is the action of President Tru man in approving the p^tal-to portal pay bill 'any indicMion as to his action upon the labor bill which will be presented to him, probably late in June? Despite the fact that he signed the portal to-portal pay bill, the odds here are that he may veto the labor bill, particularly if the conferees make it any tougher than as itj passed the senate. The department of justice has finally started its anti-trust suit proceedings against the Associa tion of American Railroads and other combinations of financial and industrial railroads interests charging them with "the moat far-reaching concentration of monopoly power known to law." Defendant* include 47 western railroads, western association of railway executives, J. P. Morgan & Co., Kuhn, Loeb & Co., and 39 officials of railroads and railway association*. The government says these group* maintain a non competitive rate system and sup Only the Surge milks with a stimulating, automatic downward and forward TUG & PULL that holds the teat cups down where they belong. That allows the milk to flow freely . . . that enabjes the Surge to milk the cows dry with no help from you. That is why more and more people are demanding Surge Milkers . . . that is why constantly increasing production can't quite catch up with the demand. . .that s why it will pay you well to wait just a little longer and get a Surge. A modern machine is a better investment WILSON'S FEED STORE Burley Warehouse No. 2 Boone, N. C. press competiti^ transportation in the western area and have prevented western railroads from reducing rates and improv ing services. Differentials in class rate scales show a discrimina tion varying from 112 per cent to 160 per cent against the west in favor of the east, the govern ment charges. And in the mean time, the United States Chamber of Commerce presses for enact ment of the Bulwinkle bill to exempt railroads from the anti trust laws, calling it "the badly needed Bulwinkle bill." Hearings bafore the senate and house agricultural committees on a longp-range farm program which likely will not be enacted into law until next year, indicate the policy to be followed largely will parallel the recommenda tions of Secretary of Agriculture Anderson based on a program of abundance and full production. Such a program will necessit ate, according to the testimony ? of many witnesses, expanded . markets at home and abroad, continued subsidization to take care of surpluses, such as school lunches and. other similar mea sures and on foreign sales to meet a demand for lower priced Food; extension of the support i price program to stabilize farm , income and continued production ] curbs on certain crops. i Governors from ten states ; west of the Mississippi and the i senators and representatives < from these states are urging res- i '^ration of the cuts made in the i department of interior budgets, > particularly for self-liquidating . reclamation projects. Senator i Morse of Oregon took the floor ot the senate to object to the cuts Said Senator Morse: "It is be as one of the "serious mistakes." 1 :ause of my devotion to the basic I principles of the Republican I party, whic> I think need to be i revived and jput into practice, i that I feel so badly regarding the i many mistakes which my party : is n. king in the eightieth con- j ?ress. This is another serious ' jne. Earlier today we helped to ' scuttle the effective administra tion of the National Labor Rela- " ions Act to the great detriment ] jf free Workers in the United j states; and if we go through with this fiscal program I think the party will do great damage to hundreds of thousands of people who have the right to be pro tected from the type of damage which would be inflicted upon them if the appropriations pro gram of the party thus far ad vanced in the 80th congress were consummated ? I intend to con tinue to try to point out what 1 think are the sad mistakes which the Republican majority is mak ing in connection with both the labor program and now the fiscal policy ? I hope that even yet such effective and constructive action will be taken by the con gress, that, in spite of mistakes. Special This Week! ? Aluminum Dish Pans ? Aluminum Wash Pans ? Hot Water Electric Heaters ? Kitchen Cabinets and Sinks ? A Real Buy in Floor Lamps ? a ? Cony Coffee Makers ? Composition Roofing (Shingles and Roll) ? Majestic and Copper-clad Ranges ?Bicycles ? Radios ? ? Dinnerware Sets ? Cast Skillets and Griddles . ? Electric Sweepers MAKE YOUR $ TALK AT FARMERS HARDWARE AND SUPPLY CO: Phone 1 Boone, N. C. Washington Notes VETERANS INSURANCE While a total of 440,000 World War n veterans have reir-stated $2,750,000,000 in lasped National Service lifel insurance policies since the start of a campaign March 1, more than 9.000,000 have not yet acted to reinstate their policies without a physical examination. They have until August 1 to do so. COLLEGE TUITION Tuition fees atl the country's colleges and universities have risen an average of 28 per cent since 1939, according to Presi dent Truman's commission on higher education. The increase in ordinary student fees range From 11 per cent in private busi ness administration schools to 56 per cent in publicy-supported law colleges. GI benefits paid by the Veterans Administration now make up 53 per cent of the col leges'* income from students, ac cording to the commission. NAZI SECRET DOCUMENTS Sale of secret Nazi wartime technical and scientific inven tions to Americanl citizens and :orporations has netted the com merce department a gross reve nue of $1,500,000, and the amount is still growing, according to J. 3. Green, director of the new office of technical services. More than 400,000 copies of scientific documents already have been sold to American concerns at an average fee of $3 to $4 a docu ment. TAX FRAUDS Criminal prosecutions for tax frauds are increasing, says Secre tary Snyder of the treasury, who points out that 117 persons plead :d guilty or were convicted on income tax charges in the first line months of the current fiscal year, compared with 47 in the first nine months of the last one. rhe government collected $1, 161,000,000 in extra revenue dur ' can still make an honest plea tor a Republican administration." ttg the nine months period. 40.5 per cent more than was collected in the similar period last year CHISELLERS The Veterans Administration states that approximatelj^OO.OOO World War II veterans Traudu lently or through error, have cashed in on unemployment or subsistence benefits which are not due them. Most violations are: Collection of unemployment com pensation by veterans who have jobs or who are attending school and in many instances drawing educational subsistence a 1 llo t ments and collectioh of both state and federal unemployment benefits. Prosecution of t h d guilty is planned. Penalties pro vided by law range from loss of all benefits to fines and impris onment. "FREEDOM TRAIN" The "Freedom Train" will start from Philadelphia on Sept. 17 with a display of priceless United States historical documents on a year-long journey throughout the nation, according to Attorney General Tom C. Clark. The day will be the 160th anniversary of the adoption and signing of the Constitution. The display, will include the Declaration of Inde pendence, the Bill of Rights, the Emancipation Proclamation, and Washington's Farewell Address. The departure of the "Freedom Train" will inaugurate a "year of rededication," designed to pro duce a larger realization of the privileges which American citi zeens enjoy; to dramatize the American way of life and the American heritage of freedom. FOOD EXPORTS Exports of food from this coun try during the first quarter of this year dropped $35,140,000 un der the first quarter of 1946, ac cording to the commerce depart ment. SUGAR The country's sugar situation "should be normal by 1948 if it continues to improve as much as it has during the last few months," according to Secretary of Agriculture Anderson. The to tal national supply of sugar for 1947 is estimated at 6,902,000 tons,1 Compared with an estimated world supply of 30,000.000 tons. ARMY DISCHARGES The army has announced that it would scrap its controversial "blue" discharge practice on July 1, and substitute a system of re leasing personnel honorably, dis honorably, or as either unsuitable or undesirable. The plan will conform with those already in ef fect for the navy, marine corps and the coast guard. DEBT PAYMENT The treasury will pay off an other $1,000,000,000 in public debt certificates this month, which re demption will lower the federal debt below $257,000,000. The June redemption will bring to $29,900,000,000 the total cash pay off of one-year certificates since February 28, 1946. RISING FARM VALUES Secretary of Agriculture Clin ton P. Anderson warns that cur rent farm realty values have no basis in expected! agricultural prices and income and calls on bankers, insurance company di rectors and farm leaders to for mulate plans to halt the rising trend of farm debt. Current farm real estate prices are 92 per cent above the 1935-3$ aver age and well above the 1920 in flationary peak in 24 states. COMPLETE LINE OF BUILDING MATERIAL INCLUDING LUMBER, BRICK, TILE, CEMENT, SIDING, DOORS, R.O.W. SASH UNITS, NAILS, ROOFING, SHEETROCK, PLASTER, CINDER BLOCKS, FARM DRAIN TILE, WALL COPING, PLYWOOD. Everyone knows some items are scarce, but we en deavor to fill all needs without too much delay. Items, such as oak flooring, sheetrock and asbestos siding, are taken care of, but orders must be placed ahead. VON CANNON LUMBER CO. Phone 21 Banner Elk, N. C. I > ? k ? Now ?JUSS THAN PttmR PRICES u" Popular sizes ^ ZTARS ?*?** ?IKES TODAY'S Pglce OHLy li. Prewar Prl^ Pri<? 14.7s JO PLUS A LIBERAL TRADS'/N AUOWANCB FOR YOUR OLD TIRE ?; P- Goodrich I4S? J 4. JO* > .. ">"Tajt f?r the new Silver, / ? *? *?*, you can nn l. Produced r ,^^CK'r,ch 1,r "iej offh, , ?'?"Pop?. ""l" *'v J* ? ^ 'mer? 'T"J '""w ?" r," "" ~ Un? Of the Prew?r tires at Pre^?rpricesr7',y/'"/A higher manuf^J..., ?d d?P?e *?r ..fe, trouble-free d . / Possible thiM h'"83 tb" m"k?? ~ r*' "?d r,C4tion r,~? .. ta'S hu*? price ??'? summer- wee. " ,driri?g d?y?..od?cation-ea tioo i, th~; "U?e Price reduc. "** B. F ^T?Ur ' emendouj "'eno?ni ? J^^ch duced prices. re~ JUKkta- Motor Co. Telephone 69 1
Watauga Democrat (Boone, N.C.)
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June 5, 1947, edition 1
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