SECTION
THREE
The National Qytlook
The Problem of Unemployment
By Ralph Robey
Unemployment declined signif
icantly in March. While' there
stilt is room for concern, the job
situation is obviously getting bet
ter. i
Employment during March in
creased by 1.1 million ito a total
of 63.8 million. Manufacturing
employment rose 153 f OO6 with
that in durable good® up more
than 100,000. Out of .the broad
divisions into which employment
data are published only mining
showed a drop.
Unemployment declined 390,-
000, leaving the total at 4,360,-
000. This drop was substantial
ly ly more than normal between
February and Maroh. The total
is now 5.8 per cent of the civilian
labor force, as compared with 6
per cent at the end of last year.
The primary reason for con
cern about this total 1 of unem
ployment, aside from the- person
al problems it makes for those
out of work, ;s that the econo
my as a whole is now back to
pre-recession levels. This means
that unemployment has not de
clined as rapidly as business has
advanced.
This raises two questions:
What has caused the delay in the
improvement of the unemploy
ment picture. When shall we
return to full employment?
On the slowness of the unem
ployment decline there are sev
eral factors which must be con
sidered.
First, over the past few years
business has invested billions of
dollars in new plant and equip-
ment. These investments are
now paying off. Not as many
employees are needed to produce
a given quantity of goods as for
# merly. In time, as business vol
ume continues to climb, more
employees will be needed..
Second, it is customary during
a down-curve for business to
eliminate its less efficient work
ers, at all levels, and that took
place during 1957-58. It also is
customary to go slow in re-hir
ing employees when the volume
of business picks up. That, too,
has been taking place.
Third, wages Have reached a
level which makes it necessary
to hold employment to the mini
mum. In manufacturing the av
erage hourly wage is now $2.21;
in building construction the av
erage is about a dollar an hour
higher; in retail trade the wage
is substantially below manufac
turing. , This pressure against
needless employees has been
building-up for many years. It
is especially effective now be
cause of the public’s clamor
against contiguous price increas
-4 es.
Finally, the labor force con
tinues to grow each year. In
March it was about 600,000 above
the same month in 1958. This is
a relatively Small increase. His
torically the increase usually
runs at least 700,000, and in some
years the increase has been more
than a million.
On the question of when we
shall get back to full employ
ment, there’s a wide variety of
opinion. Labor spokqgmen insist
that unless the Federal Govern
ment takes action —which means
heavier spending—there is no
chance of our reaching full em
ployment for many years.
Dr. Raymond Saulnier, chair
jl A Satisfying Hobby
that Saves You Mftfy
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E. L PEARCE
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. . . - - j
THE CHOWAN HERALD
: * • *'"
'man of the President’s Council
(of Economic Advisors, says that
if recovery continues at the av
erage rate of those following the
two previous post-war recessions,
total unemployment by the end
of the year should be down to
about 3.5 million. Secretary of
Labor Mitchell says without re
servation that by October the to
tal Will be down to 3 million.
Since October is normally a low
month for unemployment there is
no particular inconsistency in
these two views.
My personal opinion is that
these forecasts are reasonable,
and may actually be on the high
side. The only development
which appears at all likely to
hold unemployment above 3 mil
lion in October would be if the
labor force grows more rapidly
than now is indicated. There
will be, as always, a sharp in
crease in June as students out of!
school start looking for jobs, but
from then on through October,
the total will decline month by
month.
This leaves the question of
whether we will have full em
ployment with 3 million out of
work. Os course that total is
higher than anyone likes to see,
but nonetheless that is certainly
close to as low a figure as we
can expect in the near future,
and perhaps from here on.
Fertilizers Improperly
Placed Can Damage
Cotton Root System!
Now is the time to help pre-1
vent those cotton bolls and
squares from shedding this sum
mer.
The bolls and squares shed be
cause of a poor root system, says
Dr. Emerson Collins, in charge of
agronomy extension at N. C.
State College. One of the main
reasons for a poor root system is
the improper placement of fer
tilizer when the cotton is plant
ed.
When fertilizer is placed di
rectly under the seed. Dr. Col- 1
lins says the seed, the young
seedlings and the tap root of the
plant can be damaged. Once the
tap root is damaged or destroy
ed, the cotton plant must depend
on the small fibrous or side roots.
These side roots are often
damaged, too, by farmers culti
vating too deeply.
“So you see,” Dr. Collins add
ed, “it’s not surprising that cot
ton plants shed some of their
bolls and squares when the soil
gets a little dry. The plants sim
ply do not have enough roots to
We are pleased to announce our election
, to membership
on the
Midwest Stock Exchange
Carolina Securities
Corporation
Insurance Building, Raleigh, N. C.
601 Johnston Building 40 Wall Street
Charlotte 2, N. C. York, N. \.
—OFFICERS—
FRED W. REEBALS
Chairman of the Board
GLENN E. ANDERSON
President
C. STRADLEY KIPP
Vice President
a HEARST ROSSER
Vice President
& J. STEELE,
Vice President
O. CALHOUN PRUITT
"Assistant Vice President
J. W. NONEMAN
Assistant Vice President
J. P. ABERNETHY
Secretary and Treasurer
C. r. CRUTCHFIELD
Assistant Secretary
g H m ■ppp
:iv si _ j rrjri.. . e
I | ■ It ■)
WwBSHm I f
II Wmaß? Jumk
ODDS: 7 TO I—There’s1 —There’s one chance in seven that Navy Lt.
Malcolm Scott Carpenter, 37, above, will become the first man
to be placed in orbit around the earth two or more years hence.
Scott, of Garden Grove, Calif., is one of the seven Mercury
Astronauts chosen for special space flight training. He’s shown
at Wright Air Development Center, Dayton, Ohio, undergoing
tests at a temperature of 130 degrees Fahrenheit.
keep going.” i
The way to correct the situa-1
tion, he said, is to place the fer
tilizer in two bands, two and one
half inches to each side and one i
inch below the seed. If a farm-1
er does not have the equipment j
for this, he can stir the fertilizer
thoroughly with the soil in the
row before bedding.
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m Wmrn
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—REPRESENTATIVES—
Asheboro— W. E. MILLER, JR.
Asheville— DAVlD FORT
Biltmore— GEOßGE E. MORSE
Charlotte— L. M. DAVIS, S. M. WARD "V
Clinton— WALTEß F. LEWIS
Edenton— DAVlD M. WARREN
Greensboro— J. T. RUFFING
High Point— CHAS. E. DIFFENDAL
Lancaster, S. C.— H. READ RICE
New Bern—J. R. LATHAM. JR. %
Raleigh—WADE C. LEWIS, JR.
}], M. E. VALENTINE
Rocky Mount—H. H. STRICKLAND
Roxboro —B. E. LOVE v>2t
Shelby—CURTIS BAYSINGER
Statesville—E. H. McJUNKIN
At Last The Truth
I
“Are you listening to the
news, dear?”
! “No, I heard the news. I’m
| listening to the meaning of the
. news.”
| “What does he say?”
“He says he doesn’t know what
I it means.”
—■
I Weekly Devotional
j Column
IBjr JAMES M«cn.ENZIE
—i,,
Today’s column begins an orig
inal sermon by John Mitchener,
young member of the Edenton
Presbyterian Church.
“Greatness” is one of those i
words which we hear often, but I
we often fail to realize the ac-1
tual deep meaning of this word.
“Greatness” . . . what thought
does the word bring to your
mind? Do you picture a leader
of a great country, a general or
dering soldiers, or an executive
of a big industry? Or do you
picture a simple, everyday per
son who simply tries to live hour
by hour as Christ has command
ed us to live? What you think
in relation to this word may very
well be a picture of the type of
person you are.
Greatness, like most virtues,
comes in varying degrees and in
still more various types. Bas
ically there are two types of
greatness and they are as differ
ent as black and white. We
shall name these (1) The World
ly Greatness, and (2) The Chris
tian Greatness.
Let's examine each and see
what type it is. Worldly great
ness is as Christ has said: “Ye
know that they which are ac
counted to rule over the Gentiles
TO THE
Voters of Edenton [
I am a candidate for re-election as May- |
or of Edenton. If again favored with this i
honor, I shall continue to use my best es- |
forts toward a progressive Edenton and |
do whatever I can for the best interests of |
the Town as a whole. I
I earnestly solicit your vote and support I
Ernest P. Kehayes (
CM<«iCALS. **o C.ytlOßi W
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Helping the World Grow _ Better nn mm
exercise Lordship over them; and
] their great ones exercise authori
ty upon them.” The greatness of
the world is based on power, and
! exercising of authority of super
iors over inferiors in rank.
Worldly greatness consists of the
power to force allegiance and
obedience to a man’s wishes and
j desires. This is worldly great
' ,ness.
J Christian greatness, Christ says
is this: “Whoever would be
great among you must be your
servant, and whoever would be
first among you must be your
slave.” The greatness whioh
Christ speaks of here (Matthew
20:26) is the greatness of humili
| ty, the greatness of a man to
help others, to discipline him
self so as to mold a Christian
character; greatness so as to
have great and complete control
over his actions, thoughts, words,
deeds and his tongue.
Complete control over his ac
tions, thoughts, words, deeds, and
his tongue. Let us consider each
of these. How often we have
heard it said that "actions speak
louder than words." Certainly
this is true in the Christian
| Faith, and in Christian greatness,
j The might and power of God can
enable any man to become great.
|We have definite proof of this:
‘And Moses was learned in all
the wisdom of the Egyptians, and
was mighty in words and deeds”
Thursday, April 23, 1959.
EDENTON, NORTH CAROLINA
(Acts 7:22). Moses was great, not
because of the wisdom of the
Egyptians, but because he al
lowed God to use that wisdom to
accomplish deeds of greatness.
But let us remember that God
can make anyone great, even ;
apart from worldly wisdom, if
that person will allow himself to j
be molded and shaped into God s i
type of person.
(to be continued next week) ,
Hungry
I
“Bill said I looked good 1
enough to eat last night.”
“And so you steered him to a
high-priced restaurant I sup
pose.”
Attention
PEANUT GROWERS
W e Have Rebuilt Our
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1 formerly Satterfield & Leary)
PHONE 2141 EDENTON
808 CONSIDINE NAMES
10 MOST COLORFUL MEN
Famous reporter Bob Consi
dine, who has rubbed elbows
with the world’s most famous
and powerful men, singles out
those ten who impressed him as
possessing that indescribable
quality called “color”.
See if you agree with his
choice of THE 10 MOST COLOR
FUL MEN I'VE MET in the
April 26t.h issue of the
AMERICAN WEEKLY
Magazine in Colorgravure with
THE BALTIMORE
SUNDAY AMERICAN
or sale at your local newsdealer