■—SECTION TWO
PAGE TWO
SENATOR
SAM ERVIN
* SAYS *
•Washington During the past)
peek the Congress in word and;
faction has displayed the nation’s
concern over defense and the de
termination to regain our position
of strength. By an unusual vote
of 374 to 0 the House passed the
defense authorization bill. In the
Senate the Preparedness Subcom
mittee was closing its hearings
With recommendations to be
forthcoming on the overall prob
lems of national security. Popu-j
lar demands and Congressional I
revelations have created -an at-1
iriosphere of urgency which the]
Administration now seems to rec- j
ognize.
Defense And Budget
Over half the budget is ear
marked for defense. Whether this
amount is sufficient will involve
close study. As you know, the
budget proposed by Mr. Eisen
hower is the largest one of peace
time history. Each year the re
porters give examples of its
amount and meaning in everyday
language and a few of these bear
noting. The overall budgetary
amount is nearly $74 billion. To
imagine the amount of only one
billion we are reminded that it
has been about one billion min
utes since the birth of Christ.
Viewed in other terms, the budget
means a $427.86 expenditure for
each man, woman, and child in
the United States. .
Cost Os Survival
The cost of survival as a free
people in dollars and cents is be
yond the wildest estimates of only
a few years ago. 1 am always
mindful of the sacrifice so many
people are making to pay taxes
and to forge ahead when the bur
den of tax is so heavy. I had
hoped that Congress could make
a substantial reduction in the na
tional debt and reduce taxes be
at least a token beginning this
session, but the life-and-denth
Water Resources
Topic Os Meeting
Scheduled Feb. 1
Action aimed at insuring the
conservation and wise use of
North Carolina’s water resources
will be given detailed considera
tion the State Board of Wa
ter Commissioners and its 16-
member Advisory Committee
, meet in Raleigh on February 1.
W. H. Riley, the Board’s execu-1
live secretary, announced plans)
for the meeting. He described the|
scheduled event as “very possibly i
the most important meeting to be
held by the Board since its es
tablishment in 1955.”
Riley explained that after morel
[ f REKIj
1100 HOOVER I
■ to be given away by . t'Tl |H
■MjB Nothing lo do but sign your naira ,■ ■
Got your ontry blanks at: 'ds
HOOVER OTATION
Deluxe Upright
Regular $116.95
now $89.95
Edenton Furniture Co.
“ THE BIG STORE”
EDENTON, N. C.
iff 1
race with Russia has destroyed
that hope. Now we must wrestle
with the actual problem of hold
ing the line and providing first
things first as we push to over
come our tardy defenses. As a
consequence there can be no ex
pansion of foreign aid as envis
ioned by the White House or the
whole line will topple into a mo
rass of deficit spending. This is
a question over which great de
bate will be required; there are
so many high-pressure generali
ties about foreign aid that the is
sue is wholly confused. I oppose
it as a permanent instrument of
foreign policV.
Unless the economy can carry
the tax burden, already heavy, we
cannot support the enormous ex
penditures asked by the Presi
dent. The Administration pres
ently estimates that the Federal
government will conclude this fis
cal year with a deficit of S4OO
million. In view of the business
and farm decline the President’s
prediction of a balanced budget
for fiscal 1959 without tax in
crease seems highly optimistic.
Our national debt now stands
at around $271 billion. This
means the equal of $1,469.44 for
each individual. Congress is ask
ed to increase the statutory debt
limit, now $275 billion, by anoth
er $5 billion. The argument is
to gi've a better operating proced
ure as the debt is now too close
to the limit for fiscal comfort.
Postage Increase
I am asked whether or not the
first-class letter- postage rate will
be raised to five cents as advocat
ed by President Eisenhower. I do
not believe it will. While I am
not a member of that committee,
my guess is that the. rate may be
increased to four cents and that
the White House is using this as
a horse-trade approach.
than two years of collecting and
' analyzing information relating to
I the state’s water resources, the
, agency is now equipped to “act
i with a degree of confidence that
, would not have been possible a
! year,, or even six months, ago.”
Mother Love
First Girl—“l don’t see how
• you could engage yourself to
ithat old Mr. Wiggs. He hasn’t
ja tooth in his head and is pretty
I near bald.”
I Second Girl—“ Well, my dear,
you shouldn’t be too severe on
jhim, he was born that way.”
We receive but what we give.
—Coleridge.
'IHE CnOwAH KEHALD. gPEOTON. NORTH CAROLINA,
SPENDING for AVERAGE INCOME
44.000- 45,000
POOD ’\ .
/ \ 30% X
/ MAINTENANCE \II _
I /■» A CAR*; I I %\
„ vlp 1 •
• I 2.VSX
ING\ trams. \d?
CHU RC msnt,
CHARITY TOBACCO, MISC.
w
Compare your spending with that of those earning the average
Income, $4,000-$5,000 (after taxes). They’re overspending 2%.
Where, Oh Where Does the $ Go?
The American family is cen
tral figure in the mystery of our
age—the case of the disappear
ing dollar. Where it goes, few
seem to know.
Consequently, about half of us
are spending more than we earn.
Os those with an income, after
taxes, of between $2,000 and
$6,000, more are in debt than are
saving. The average deficit
ranges from 12 per cent in the
$2,000-$3,000 group to 4 per cent
in the $3,000-$4,000 range, and
2 per cent in the $4,000-$6,000
bracket
These figures, tabulated in the
February Ladies’ Home Journal,
are based on an article from W.
M. Kiplinger’s magazine, Chang
ing Times, and from surveys by
the Bureau of Labor Statistics,
Census Bureau, Department of
Agriculture, and private re
searchers.
In the $2,000-$3,000 group, 27
per cent can save an average of
$260. Fifty-six per cent are in
debt an average of $666, but a
large number, 17 per cent, break
even. At the other end of the
scale, where income is over
SIO,OOO, none break even. But
NO
COMMENT
•t
janbv. nmu
i Washington Members of the
' economy forces in Congress
pledge themselves to cooperate in
every way possible with Presi-1
dent Eisenhower in eliminating,
non-essential government activi-1
ties in order to help pay for in
creased defense spending which
he has requested.
While advocating whatever!
amount of spending that i s essen- J
tial for national safety, they still I
think that total government ex-J
penditures are too high and,
should be trimmed in every feasi-!
ble manner.
They do not support all of Mr. i
Eisenhower’s spending requests I
(far from it), yet they are en
couraged by several aspects of the I
-dS’chenleii £jm
/J $095
SCHENIEY QISTUtttS eo., N. V. c. ILCNbCO
WHISKEY, t« MO Os. ESS <**AIN NEUTRAt SPIRITS
74 per cent save, 26 per cent
owe. In the “average” income
group, $4,000-$5,000, 52 per cent
save, 45 per cent are in debt,
3 per cent break even.
However, the article warns,
savings and deficit figures can
be misleading. For instance, a
planned withdrawal of savings
will show up as overspending.
Or any big buying on install
ments in a year will show up in
red ink, but the next year, as
it is paid off, you’ll be in the
black.
But where does the money
go? In every income group, the
largest percentage of income
goes for food and housing. But
as the income increases, the per
centage decreases. The percent
age of income used for such
items as recreation and personal
care stays fairly constant as in
come increases. The share for
items such as medical care falls
as income goes up. Other items
decrease; for instance, the more
you make, the more you give
away.
One conclusion: “Every in
come group has its savers; good
income helps, but so does good
management.”
Administration’s fiscal program
outlined in messages to Congress.
One of the Eisenhower state
ments they applaud is that “it is
necessary that every possible
economy be effected in other de- 1
sense activities to help offset the
increased costs of the high pri
ority programs.”
Mr. Eisenhower also was cheer
ed for abandoning or postponing
some domestic programs (such as
federal aid for school construc
! tion), curtailing expansion of oth
ers, and recommending the trans
fer of greater responsibility from
the Federal Government to state
and local governments or to pri
vate individuals or enterprises.
While members of the economy
bloc were pleased by these de
velopments, it must be added that
they think considerable more pro- j
gress could and should be madei
in this direction. Feeling this I
way, they urge a continuance of
the grass-roots rebellion against
waste and extravagance in gov-
* Jy / «HiiM
BEAUTY AND THE BULL- Moody motion picture star Ava •,
Gardner is reportedly conferring with beauticians, doctors and
make-up men about removing evidence of a recent disagree
ment with a fighting shorthorn bull in a private bull ring.
Ava, long an avid fan of bullfighting, is shown jousting with a
young cow in Madrid, Spain, just before the accident. She
says heavy make-up conceals She “dimple” in her face
ing from the reported butting she suffered.
ernment spending that started aj
year ago after submission to Con
gress of the Administration's $71.8
billion spending budget for the
present fiscal year ending next 1
1 June 30.
I The budget presented to Con
gress this week—for the fiscal
year starting next July I—calls
for net expenditures of $73.9 bil
lion, with defense spending up $4
billion over the current year, and
a reduction in some other areas.
This increase in defense spend
ing requires a real campaign for
savings wherever possible, in the
opinion of members of the con
gressional economy bloc. And
they explain that support from
hack home is essential if it is to
succeed.
They contend that Mr. Eisen
hower needs all the support he
can get for his economy efforts,
since a determined effort is being
i made by some members of Con
i’ gress to convince the public that
: the President is a penny-pinching
miser in defense spending at a
time when (they claim) untold
billions of additional spending is
required.
The same campaign is being
waged with respect to non-de
fense activities by those whose
only solution for almost any type
of problem is higher and higher
government spending, regardless
of need or the ability to use more
money advantageously.
This effort is certain to be in
tensified as the November Con
gressional elections approach.
| Therefore, it is contended by the
i economy group, Mr. Eisenhower
j must have strong support immedi
ately and constantly if he is to re
sist successfully the campaign for
higher spending that he is reeom-1
j mending.
Other aspects of the Admini
stration’s fiscal program which
provided varied degrees of en
couragement to conservatives in
Congress include these:
1 1. Mr. Eisenhower’s confidence
that expansion of the nation’s
economy will soon be resumed
I and that a SSOO million budget
! surplus will result next year.
2. Mr. Eisenhower’s pledge for
“reduction of taxes when possi
ble.”
3. Mr. Eisenhower’s request for
l a temporary $5 billion increase in
j the $275 billion debt ceiling—ra-
I ther than a permanent increase.
Needless to say, the battle of
the budget is certain to be in the
■ forefront of congressional discus
sion during the next few months.
ECC Sponsoring
Physical Therapy
In Group Schools
East Carolina College will par
ticipate in a state-wide program
miliarize the public with physical
therapy and to encourage high
school boys and girls to take col
lege work training them for ca
-1 reers as physical therapists. Gov.
Luther Hodges has designated
this period as Physical Therapy •
Week hr North Carolina.
Through bulletin hoard dis-
ANNOUNCING
| Clarence Chappell, Jr. j
i ' BELVIDERE, NOR HI CAROLINA I
1 SALE OF
\ *** ’ ~ a,
I Purebred Duroc Bred Gilts
~ SALE WILL BE HELD AT THE FARM
NEAR BELVIDERE, N. C.
■ / •. ,
Friday, February7,l9sß ,
1:00 P.M.
1 Sale Will Be Held Indoors, j
In Heated Bam. 1
I plays, assembly programSji|Sjj|jj
j showings, and other
servances of physical
work are being arranged;
ous schools in the following coun
ties: Northampton, Halifax, Nash,
Edgecombe, Wilson, Pitt, Bertie,
Hertford, Gates, Chowan, Per
quimans, Pasquotank, Camden
and Currituck.
. The Penally
Dad Son, if you’re a good
boy and learn a lot you might
some day become President. -
Son And what if I ain’t a
good boy and don’t learn
nothin’?
Dad—You might be elected to
the state legislature.
“Wisdom of
"Your heart and not the v
logic of your mind point. 1 !
A ceremony of well-order
ed dignity is arranged by l
us: there is a friendly note v
of sincere courtesy in our ■-
professionalism. aStf .
W > Always Ready
iP-irffl With What Your
- Doctor Orders
Properly and promptly to fill your
IjßMj'jMl doctor’s prescriptions, we keep on
hand at all times, fresh and complete
Stocks of pharmaceuticals, including
•hose that represent the newest ail
vances in medical science.
MB Leggett ami Davis
IRi we Dei * ver •• ■ p^one
mind’ s height bv
cas,s
-•-Robert Browning.
liyi’WVWvvwvvv-x
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if You Smok®
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Mbit say “wonderful* . M
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