Newspapers / The Chowan Herald (Edenton, … / Dec. 14, 1950, edition 1 / Page 11
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M. G. Mann Says Farmers’lncome Is Too Low For Taxes P Co-op Manager Answers Criticism By Revenue Department Most North Carolina farmers fail to pay state income taxes simply be cause they don’t make enough money, M. G. Mann of Raleigh declares in an swer to recent criticism of farmers by the State Revenue Department. Mann, who is general manager of the Farmers Cooperative Exchange and N. C. Cotton Growers Association, said the average Tar Heel farmer’s income still leaves much to be desired even though farm prices have taken a turn for the better in post-war years. Last week the Revenue Department reported that out of 299,000 income tax returns filed in 1946, farmers turned in only 10,248. In defending fartners, Mann said 11 a recent study released by the Insti tute for Research in Social Science at Chapel Hill showed North Carolina ranking 40th in the nation in total - cash farm income with an average per farm of $2,449 in 1949. “Since this is a gross income fig ure,” Mann cotninued, “production ex penses, depreciation, and other allow able costs would have to be deducted before "the net income could be de termined. This, of course, would throw the net income well under the $2,000 exemption the state allows a married person.” Latest available figures show that 42 per cent, or almost one-half, of North Carolina’s farm population is composed of tenants and sharecrop pers, usually a low income group, the Raleigh farm leader said. At the game time, Mann added, land holdings among individual farm own ers are comparatively small, the av erage farm in this state having under cultivation less than 26 acres. “When we consider these factors, the co-op manager declared, “we can see why the net income of North Carolina farmers is small. (We must not overlook, either, the great rise in production costs since the close of l World War IT. Farmers now are pay ing much more for their fertilizer, seed, and other supplieh needed to turn out crops and livestock. At the same time, farm commodity prices have not increased in the same proportion.” (Mann said there may be some cases of farmers failing to file income tax returns when they should, but for the most part, “it’s a case of not making enough money to file.” He said further: “The farmer is a businessman in the same way a mer chant, for instance, is: If a business doesn’t make enough money after de ducting yearly operating expenses, it doesn’t pay income tax. “We wish,” Mann declared, “that more of our North Carolina farmers were able to file returns.” Management Os Forestry Profitable H. T. Hobbs Systematic ally Thins His Pine Woodland Hillary T. Hobbs of Edenton, Route I, is finding that good forestry man agement pays good dividends. In 1941 Extension workers assisted Mr. Hobbs, marking a demonstration qere for thinning of young pines. Ait that time Mr. Hobbs cut 8 cords of wood / per acre leaving approximately 334 of the best trees per acre to grow. Using this as a guide, he proceeded to thin his pine woodland throughout the years, but some of which he did not get to. Recently the Extension Forester and the County Agent visited Mr. Hobbs’ wood with him and determined that further thinning of the pines is now necessary. Mr. Hobbs was in terested in selling his thinnings as [fau fl ||pWkJ • | Si ■ ;M ' •~ : _ I OLD I hickory!lSl g tfg-Iluq^ : .;i: : " , —" i i. ■ ■■ i -, ■ ■ - Ik. jIHI i , : ‘ It ' f| | FSIUKITHSA. M. ■ * a ™ ' : “LITTLE JOE"—A South Korean orphan adopted by a medical company of the 26th Infantry Division proudly displays a captured Communist weapon to Corporal Joseph Bennice, of Schenectady, New York. “Little Joe” was provided with an Army helmet and wears a uniform cut down to fit a small boy. pulpwood so the trees were marked on the demonstration acre and also four acres more for pulpwood thin ning. According to calculations, this thinning will provide the removal of approximately 10 cords of pulpwood per acre leaving a good stand of the best trees to grow for timber. During the past nine years this pine timber has produced over one cord of pulpwood growth per year which is being sold as a cash crop. On the other hand a good stand being left- for timber has made excellent growth. It is estimated that the pulp wood thinnings are providing ample returns to pay taxes and 6 per cent on investment, while a good stand of tim ber is being produced. “Timber owners who thus leave their timber are making expenses plus interest on investment and producing a future timber crop,” says County Agent C. W. Overman. “While on the other hand those who are cutting their timber haphazardly with no re gard for the future in many cases are producing scrubby hardwoods which will make very poor timber crops in the future.” *J.W "WW W|.H w l.» ’'l.» "I.W "Mi *'HW »'l. m T *lVw *'l.» "I.W ’’l.W ''I.W W *.W ’'l.K ”.!■ ”.t* ’'Jfli *'I.W "I.W "I.W :1 \V^ S >*<> I; | V 6 “ , *^ s !^Tw»«»''* > ' m •''“ , '"‘“ 1U, ’ , ’. ! I soCdous yer priced from $2.25 to $37.25. Let us show you Towle Sterling , | • - including the exciting new serving pieces -for your Christmas buying. | CAMPEN’S j JEWELERS ] I Edenton, N. C. j THE CHOWAN HERALD EDENTON,. N. C.. THURSDAY. DECEMBER 14, 1950 i Germans Started To Use Christmas Trees i —— f Research into the origin of the 1 Christmas tree shows that the Ger-, , mans had much more to do with this tradition than their contribution of, j the song, O Tannenbaum. • , “The concept of the tree is very . old,” says the December issue of , House Beautiful magazine. “In 1561, , authorities in Alsace had to pass an t ordinance limiting the size of trees . the burghers cut down for their cele , bration.” t According to the article, Moravians ■ in OBethlehem, Pennsylvania, saluted Christmas in 1747 with a pyramid of ; ! green, decorated with candles, apples, . and verses. (But until the middle , 'lßoo’s, Christmas trees were compara \ tively rare and those that did exist , were usually set up and decorated by . German immigrants to America. “Fort Dearborn, Michigan,” the au > thor reports, “is said to have had a t tree in 1884. A German professor at t Harvard trimmed one for his little boy in 1836. And in Williamsburg, Va., they still celebrate the lighting of the first Christmas tree ever trim med there about 1840 by a German tutor.” Prince Albert was responsible for the first tree in modern England in 1841. And ten years later there was a Christmas tree salesman plying his trade in New York City. There’s a report that Henry VHI celebrated a Twelfth Night pageant with a tree of gold hung with roses and pomegranates. A travel book of 1605 mentions the way the resi dents of Strassburg set up fir trees in their rooms and hung on them apples, wafers, gilt and sugar. Two Chow'an Boys Will Get B.S. Degree At ECTC In May Fifty-three students at East Caro lina Teachers College completed then work at the end of the fall quarter and are now eligible for degrees, ac cording to an announcement from the office of Dr. J. K. Long, registrar. |~SSISi I When you place your order with us, your winter worries cease! For we keep an accu rate check on your tank—re fill it automatically all winter long. We Have Seven METERED Delivery Trucks To Serve You# THE TEXAS CO. J. H. CONGER, Consignee Phone 297 or 47 Edenton G & W William Penn ■:v 1 liSi Blended i p * Whiskey [wfiiatt 1 $1.95 UgrUjk 86 Proof -HI STRAIGHT WHISKEYS IN THIS PRODUCT ARE 4 TEARS OR MORI OU). 33% STRAIGHT WHISKEY, M% NEUTRAL SPIRITS, DISTILLED FROM ORAIN. cnoaiu i hits uana. miu. turns ssa; $$ sa;ssssaaaftaaa aaaaaa a ft a aa aaaaaa a ft . »: | GIVE | | PEANUTS by SPEDIC for CHRISTMAS | ft: ft ft “FRESH FROM THE FIELDS’ ’ ft! ft ft ft Wonderfully delicious .. . Attractively packaged. Gift Wrapped .. . Cards enclosed ... ft Prepaid east of the Mississippi, at the following prices: gg ft 2-lb. Bag Raw Shelled Peanuts $1.25 jjj ft 4-lb. Bag Raw Shelled Peanuts 2.00 ft gj 2-lb. Box Extra Large Salted Peanuts _ _ 1.75 ft IS 2-lb. Combination Box, containing 1-lb. Salted Peanuts, 1-lb. If: ft Chocolate Covered Peanuts 2.00 ft I*! SPEDIC SPECIAL BOX, containing the following: One 2-lb. if: S - Bag Raw Shelled Peanuts, one 12-oz. Bag Chocolate Coat- ft ft ed Peanuts, one 8-oz. Bag Salted Spanish Red Skins, two • ft ft! 8-oz. Jars Party Salted Peanuts, one 16-oz. Bag Roasted ft! ft Peanuts in the shell 4.25 If: ft An ideal gift for friends, business associates, customers and employees. A delight for the ft ft boys in the service. ft ft ft | Spedic Food Products, Inc. | * ! Peanut Processors j* :« EDENTON, N. C. £ * BOX 525 PHONE 450 * XXXXXXXXXXXXXXXX.XXXXXXXXXXSXXXXXXXXXXXXX , The students will be graduated at . commencement exercises held at the ! close of the school term on May 21. Forty-two of the total number are r candidates for the degree of bachelor , of science, which at East Carolina is j a professional degree for teachers. December Special LIMITED QUANTITY I* Advanced DESIGN • Advanced FEATURES ~ * Mod * ! 350 GAS RANGE onlys2 18.35 “*](,s Here's a range with everything your heart desires . . . and pored to fit your budget. It’s a Grand .. . better than ever and a terrific value. A real kitchen beauty, too, with features designed to make cooking light, easy and convenient. Civided top {3 Ui with cooking lamp and timer. Big bake ; LjV oven, broiler, 2 giant speed burners, 2 sim mer burners, utensil compartment ond stor- ■§§ifc . age drawer. Exclusive SAFE-TEE-KEE avail able at slight extra cost. See this Grand Gas Range today, discover why it’s your best buy. Would you like a new 1951 convenient Budget Calendar with your lucky number registered? Prize every month through 1951. Just Phone 545 KENNAN & COREY PLUMBING CO. EDENTON - HERTFORD HIGHWAY PAGE ELEVEN Seven will receive the liberal arts degree. Among the students who will grad uate are Edward E. Everett and Rob ert J. Rawles, who will receive the B. S. degree.
The Chowan Herald (Edenton, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 14, 1950, edition 1
11
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