MKenoKTtro
PAGE FOUR
SAM ERVIN
fujira *•'
V
Washington the urgency lor,
balancing our Federal budget!
and halting the dangerous trend
of recent years toward a grow
ing Federal debt is to be found
in a study of the gross Federal
debt and interest in fiscal years
1933-61.
Federal Debt. When President
Franklin D. Roosevelt assumed
office on March ♦, 1933, the
gross Federal debt was $26.9
billions. The depression was
sinking the country in despair;
the foundations of our free en
terprise system were threatened
Drastic action was demanded; it
came. During the period of the
recovery, a justification can be
made for unbalanced budgets.
From 1933 through 1940, the
debt had increased to S4B bil
lions. The war years raised the (
national debt from the 1940 fig-,
ure to the mammoth figure ofi
almost $270 billion at the end
of fiscal year 1946.
Efforts At Debt Reduction.
President Truman’s administra
tion was alble to make three sig
nificant national debt reductions,
the largest being in fiscal year
1947 when $11.5 billion was ap
plied to debt reduction. The
following year the reduction was
$6 billion, bringing down the
gross national debt from the
World War II high of $270 bil
lion to $252.7 billion. In 1949.
there was a half billion dollar
debt increase; in y 950, a $4.5
billion jump, followed by a debt
reduction of $2.1 billion in 1951
With the coming to power of
the Eisenhower administration.
F . ■ •*<«?* w
JOE THORUD SAYS:
a NEW IDEA
FOR A NEW ERA
JUST
ONE
LIFE INSURANCE
PLAN COVERS
&
up to $1 5.000 of life
insurance. And at age 65
protection continues, but
premiums stop!
MOM
as much as
SIOOO protec
tion . . . right
up to Dad s age 65!
CHILDREN
all children
under age 18! «tsk\L7#
NEW BABIES -
COVERED AT \
NO PREMIUM ImT
INCREASE ffP P *
•Iter 15 days old—
all this protean*
i« rhe new low cost
Family Ftiicyby
Nationwide —a modem
the modera family!
JOE THORUD
*** **fq £» a»! ****•
A
the national debt tneresssed. the
first yews tnnease reflecting
the east of the war in Korea.
But the disturbing factor is that
the national debt continued to
sowing to> the highest point
in our natrons history. In 1955.
the figure was SB7-1,4 billion. In}
1956 and 19$?, the Eisenhower |
adhninistration was able to re-|
duoe the national debt to only I
$2179.6 billion. Since that time I
the gross Federal debt has again!
soared, setting another all-titne
record for fiscal year 1968 at'
approximately s*Bs hiiliort
OuMaoßu The outlook for sig-[
aificant- Federal debt reduction'
is indeed bleak. President Eis-J
emhower told the Congress that
be foresees a $45 btllion surplus
in fiscal year 1961. which would
be applied to reduce the nation
al debt.. 1 share the views ex
pressed by Senator Marry F.
Byrd of Virginia with respect
to the predict tons by the Presi
dent. It scents unreal to fore-|
cast this surplus when so little j
effort is being tstade by the Ad-|
ministration —as well as others—!
to curtail expenditures More-!
over, any such rosy figure isj
predicated <ow the assumption!
that Congress wiM increase post-j
al rates, gasoline taxes, and re-|
duee eertain features of the (
farm progrant.
Blame Shared. My view is
that both tine Executive and
Legislative branches of the Fed
eral government manifest a high
degree of finaneal tttresponsthili- ■
ty. It ts shocking to realize that j
oar nattottal debt has risen in
28 years Broun $299 billion to
$285 billion. In only five of 23
years three wndeir President
Truman and two under Presi
dent Eisenhower—has there been]
any debt neduetron. During thiS|
period, the taxpayers have paid
$122 billion for interest on this!
national debt.. Thss fiscal year,
the taxpayers will fork over $9.3
btllion for interest on the na
tional debt.
Will Debt i-» Reduced? It is
exceedingly difficult to reduce
governmental expenditures be
cause mote and wore is demand
ed of the Federal government. I
! Foreign a-d demands are soar-1
] ing as reflected in President
NWWVVWW-. ■
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BOURBON H
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THE CHOWAN HERALD. EDENTON. NORTH CAROLINA. THURSDAY. FEBRUARY 1L !HO.
Eisenhower’s message this year.
Defense expenditures will have
to remain high and little pro
gress has been made toward uni
fication of iur defense effort
which could help reduie our ex
penditures lonsiderably.
Weekly Devotional j
Column
By JAMES MaeICNZIR I
The iniinji from our Lord
Jesus Christ to the saints
at Laodicea (The Revelation
hMdl)
Last week we finished discuss
ing the church at Philadelphia,
the best of the seven churches
addressed in chapters two and
three of the book of the Reve
lation. Today we shall begin
consideration of the church at
Laodicea, the worst.
Laodicea, a sister city of Co
lossae, was located about 43
miles southeast of Philadelphia,
about 100 miles from Ephesus.
It was founded in 250 8.C., by
Antiochus 11, who named it for
his wife. * Let us hope for his
sake that she was a better wo
man than her namesake was a
city.
It was a wealthy town. The
banking and clothing center of
Asia-Minor. Indeed, it was the
Paris of its day, the home of
fashion. All the best-dressed
women of the time came from
: Laodicea. and all its men were
| fashion-plates. The chief god of
! the city was Men (pronounced
“mane”), whose specialty was
healing. In keeping with this
“phrygia,” a famous remedy for
weak and ailing eyes was manu
factured at Laodicea (which will
help explain the last phrase in
verse 18).
What kind of a church was
there? Ultra-dispensationilsts
tell us the church at Laodicea is
a type of the church in our pres
ent day, and while I do not
agree with their viewpoint in
this respect, there are certainly
some remarkable similarities.
The church at Laodicea was,
first of all, “rich and increased
with goods.” (verse 17)- They
had everything they wanted—
they had need of nothing. The
members were wealthy and
prominent—they did not have to
sacrifice to pay their church’s
bills. It was a wealthy church
—the kind of church every
preacher would like to pastor—
the kind of church that will ul
timately drive its pastor to de
spair.
It was a lukewarm church
(verses 15-16). It was no* a
“cold” church—they had the
form of godliness there. Neith
er was it a “hot” church—they
had no zesil, no passion, no fire
for the Lord’s work. Rather it
was sort of an exclusive club
that only the “best people” were
encouraged to join.
It is understandable for a club
or a lodge to be exclusive;
though inconsistent when that
club or lodge claims to have a
“greater light” that will aid in
“subduing the passions.” But
when the Church, which has the
glorious light of the Gospel, the
keys to heaven, becomes class
ridden and exclusive, it well de
serves the admonition of our
Lord Jesus, “I will spue thee
| out of my mouth” (verse 16).
[ (The Greek word translated
1 ‘,spue” is emesai, and literally
1 means “vomit”. Jesus was say
ing to the Laodiceans, “You
! nauseate me, I will vomit you
out of my mouth”.).
(to be continued next week)
IN GERMAN EXERCISE
Army Specialist Four James
Nowell, 24, son of Mr. and Mrs.
William T. Nowell of Edenton, is
participating with other person
nel from the 565th Quartermas
ter Company in Exercise Winter
Shield at .the Grafenwohr-Ho
henfels training area in south
ern Germany. The maneuver is
scheduled to end February 7.
Winter Shield, an annual win
ter maneuver involving 60,000
troops, is designed to determine
the combat readiness of Seventh]
Artny troops.
Nowell, a recovery and dispo
sition specialist in the company
in Kaiserslautern, entered the
Army in April 1953 and was sta
tioned at Fort Lee, Va., before
arriving overseas on this tour
of duty in August 1959.
Nowell attended Edenton High
School.
Commissioners’
Proceedings
s.
The Board of County Com
missioners met Monday. Febru
ary 1, 1960, at 9 o’clock A. M.,
with all members present, in
cluding Chairman W. E. Bond,
J. R. Peele, C. J. Hollowed, J.,
Gilliam Wood and Dallas Jeth
ro, Jr.
The- minutes of the previous
meeting were read and approved
and the following bills were or
dered paid:
Mental -Healtn Clmic, 1959-60
appropriation, $1,100.00; J. L.
Chestnutt, Postmaster, stamps
for Sheriffs office, $20.00; J. L.
Chestnutt, Postmaster, postage
for County Accountant’s office,
$1.00; W. P. Jones, postage, sup
plies for tax office, si9.u; cno
wan County Board of Education,
lor ciassioum construction, so,-
945.0»; Ralph E. Parrish, Inc.,
Edenton insurance Agen
cy, premium on bonds for G. C.
nosKms, Lena Leary and Evelyn
Williams, $350.00; Edenton Col
ored High School, band appro
priation, $500.00; Internal Rev
enue Service, withholding tax,
$604.30; W. E. Bond, expenses
to Raleigh, $9.70; Jordan Yates,
expenses to Raleigh for meeting
with State Fire Inspector. $19.60;
E. E. Harrell, treasurer Petti
grew Regional Library, 1959-60
appropriation for Shepard-Pru
den Memorial Library and
Brown-Carver Library, $874.00;
Nathan H.' Yelton, Director N. C.
Public Employees’ S. S. Agency,
$765.44; R. C. Holland. Agent,
fourth installment on premium
policy No. 172804, $67.08; Dis
trict Health Dept., $983.77; Or
thopedic Clinic, $15.00; H. S.
Small, rent for Deputy Collector
office, $25.00; Twiddy Insurance
& Real Estate, rent ASC office,
$60.00; Elton Forehand Insur
ance Agency, rent for Sheriff’s
office, $30.00; H. S. Small, rent,
$55.00; William Mayo, janitor
service, $2.50; Mrs. Carolyn C.
McMullan, travel, $37.80; Mrs.
Hazel S. Elliott, travel, $45.36;
Edenton Postmaster, advance for
postage, $12.00; The Chowan
Herald, office supplies, $62.00;
Belk-Tyler’s, shoes for indigent
children, $25.96; R. L. Vann
High School, $5.00; Burkhead-
DeVane Printing Co., $223.34;
Byrum Hardware Co., Inc.,
$2.17; Bertram By rum, care of
prisoners, $152.78; Pauline Callo
way, telephone services and ex
penses, $27.30; The Chowan Her
ald, $232.15; Chowan Hospital,
for indigent patients; $734.72;
Coastal Office Equipment Co.,
[ribbons, $7.50; Cuthrell Dept.
Store, $9.81; Commercial Print
ing Co., $6.23;. N. C. Dept, of
Conservation & Development,
$31.41; Eastern North Carolina
Sanatorium, $74.40; Edenton Ice
Co., $242.36; Edenton Office Sup
ply, $15.10; Elliott Company,
S 19.80; Edwards & Broughton
Co., 82c; Sheriff M. Earl Good-
JHpeystone
FRESH BULK
GARDEN SEEDS
• Laboratory Tested and dated for vitality
• Field tested for Productivity
E. Li. Pearce, Seedsman
Phone 3839 Edenton
M. G. BROWN CO., INC.
WE SELL ONLY QUALITY BUILDING MATERIALS
FREE LOCAL DELIVERY
We Deliver Elsewhere Far A Very Small Charge
Ask About Our Millwork Department
Windows & Doors
Storm Sash
Screens
Blinds
MODERN
SHOW ROOM
Benjamin Moore Paints
Inside - “NONE BETTER” - Outside
r. n"' j
Ornamental Iron Porch Coluions I
44 ■ f ill JY T?
rnone mIoO .v . ******. >■* JCidc >**•
Hardware Co., $2.70; Leary Bros.
Storage Co., $26.71; R. T. Mills'
Plumouig A Heating, $11.64;
Mitchell Printing Co., $34.16;;
Sophia Mullen, midwile, emer
gency case. $25.00; National As-1
sociation of County Officials,
$30.00; Norfolk & Carolina Tel.
A Tel. Co.: county offices and
county jail $12.58, Dept. Public
Welfare $8.75, County Account
ant $9.90, Tax Supervisor $7.65,
U. S. Govt. - Soil Conservation
Service $10.75, Negro County
Agent $6.83, Clerk Superior
Court $16.25, Sheriff $11.70; N.
C. Memorial t Hospital, $72.50;
National 4-H Supply Service,
$7.86; The Office Supply, Store,
$3.15; Louise Obici Memorial
Hospital, $112.00; C. W. Over
man, telephone services and sup
plies, $22.80; Parker’s Drop-In,
$8.00; Ricks Laundry & Clean-]
ers, $4.06; Jack Rountree, refund <
on 1950 taxes, $5.41; Rowsom &]
Blair Funeral Home, $125.00;
Tom H. Shepard, CSC services,
$32.40'; John E. Shackelford, ser
vices, $100.00: State Commission
For the Blind, $81.76; Town of
Edenton, E. L. & W. Dept., I
$43.89; J. T. Twine, $30.00; W. R.
West, $5.00; Rose’s 5-10-25 c
Store, 85c; General Salaries for
January, $4,837.98; Mrs. M. L.
Bunch, services, $350; Colonial
Broadcasting Co., Inc.. $36.00.
On motion of J. R. Peele, sec
onded by Dallas Jethro, Jr., and
unanimously carried that the bid
for County Home property of
$10,700 be accepted, and the
Chairman of Board and Clerk
to Board be authorized to exe
cute deeds to J. Wallace Good-
U.S.
SAVINGS
We Build Odd Size
Doors ... Windows
and other Millwork
—any item built to
vour specifications.
“Do-It-Yourself” Fans
See Us For FREE Handyman
Plans. We have the ideas and
materials to help you get the
job done economically. ‘ J
tree; he was out ol the county
at the time.
On motion of Dallas Jethro,
Jr., seconded by C. J. Hollo
well and duly carried that $34.94
in pickups l be charged to the
Sheriff.
On motion of C. J. Hollowell,
seconded by Dallas Jethro, Jr.,
and duly carried that action on
the Woman’s Club project of im
proving the Green be deferred
pending further study and in
vestigation; the Board hopes to
be smle to come to some con
clusion at March 7th meeting.
On motion duly carried that)
Chairman W. E. Bond be au- j
thiorized to contact K. M. Floats |
and Mr. Phelps of Bertie Coun
ty in regards to an electrical
inspector for schools. >
Notice of intention to apply to
N. C. Alcoholic Beverage Con
trol Board for a permit to sell
beer by Joseph K. Swanner to
operate at Joe’s Drive-In was
approved and ordered filed.
Upon request of U. S. Fish &
Wildlife Service and the con-1
sent of heirs, the Commission-1
ers haVe given permission for
two graves to be relocated in
[Beaver Hill Cemetery, as the]
graves are interfering with thei
development of new fish hatch
On Monday, February 15th
you are invited to attend our
Display Sale
for men and ladies’
Tailored-To-Measure Clothes
Mr. Dave Kramer
will be here to show you hundreds
of beautiful new fabrics and to
lake your measurements.
CUTHRELL DEPT. STORE
EDENTON, N. C.
home economics agent: Cather
ine Aman. assistant home eco
nomics agent; Fletcher F, Lassi
ter, Negro county agent; Onme
S. Charlton, Negro home eco
nomics agent; County welfare
Dept; Sheriff; Chowan County
Alcoholic Beverage Control
Board; audit report, December
31, 1959 was accepted, ;
There being no further busi
ness, the meeting was adjourn
ed ■ ~*
W E BOND. Chairman
BERTHA B BUNCH.
Clerk To Board ...
far ftw InpmiM
Csl W*» Orfchi Mm
C^9ol
ORWK EXTERMINATING CO. Me.
Phone 3223
WORLD'S LAROIST
Cabinets v
Glass
Counter Tops
Mantels -
EXPERT
HELP