PAGE TWO
k—SECTION TWO
Postmaster Urges
Early Sending Os
Mad For Christmas
Cooperation Sought So
That Mail Will Be
Delivered In Time
For Christmas
Postmaster J. L. Chestnutt
says “It’s later than you think!
Let’s not wait until mid-Decem
ber to get our Christmas cards
and gifts in the mails. By tak
ing action now, you’ll avoid dis
appointing friends and loved
ones at Christmas time.”
The Postmaster asks special
cooperation in being sure that
a return address and the recipi
ent’s address is plainly typed or
written on all labels and Christ
mas cards. Use zone numbers
and send Christmas cards by
first class mail so that hand
written messages can be includ
ed, making Christmas greetings
more personal. Also, you’ll be
certain that they’ll be delivered
promptly and forwarded or re
turned, if necessary. Mail
Christmas cards in two bundles,
using free labels that you can
get at the Post Office, which
read, “All For Local Delivery”
and “All For Out Os Town De
livery.”
The Postmaster asks the co
operation of all business firms
to delay mailing circulars and
catalogs until after December
25th, to keep the mails clear
for the Christmas rush.
“You can avoid standing in
line to mail your packages and
to buy stamps by .going to the
Post Office before 10:00 A. M.,
or between 1:30 and 3:30 P. M.,”
says Mr. Chestnutt.
Mail your Christmas cards and
gifts for out-of-town destina
tions by December 10th. Those
for nearby points should be
mailed by December 15th, or at
least a week before Christmas.
New Books At
Local Library
Miss Marion Robertson, li
brarian at Shepard-Pruden Me
morial Library, announces re
ceipt of many new books on
Monday. Among them are the
following:
A Confederate Girl’s Diary by
Sarah Morgan Dawson.
Know Nothing by Mary Lee
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The King from Ashtabula by
Vern Sneider.
The Yellow Brick Road by
Elizabeth Cadell.
A Traveler’s Guide to Good
Health by Colter Rule, M.D.
The House of Five Talents by
Louis Auchincloss.
Psyche by Phyllis Brett Young.
What Cares the Sea by Ken
neth Cooke.
Brittany by P. R. Giot.
The Nation on' the Flying Tra
peze by James Saxon Childers.
The National Outlook
Eisenhower’s Foreign Spending Directive
By Ralph Robky
President Eisenhower’s direc
tive to restrict foreign spend
ing is an amazing, drastic, and
thoroughly justified action.
Whether it will be sufficient to
solve the problem is another
matter.
The background of this action
is both interesting and import
ant.
Some weeks ago there was a
speculative flare-up in the Lon
don gold market. Our statutory
price for gold is $35 an ounce.
We buy and sell unlimited
amount at that figure. In the
London market —which is one of
the few free gold markets in
the world —the price was driven
to above S4O an ounce. That not
only was spectacular, but at the
time disturbing. Many factors
were involved, most of them
technical, but a premium of that
size is not supposed to be pos
sible in a free market. One of
the results was that Senator
Kennedy issued a strong state
ment that he would defend the
dollar; another was a statement
by our Treasury that there was
not going to be a devaluation of
the dollar. The turmoil gradu
ally subsided, and now gold in
the London market is selling at
reasonably close to our statutory
price.
That is one side of the back
ground. The other side is that
gold has been flowing out of
this country at a rapid rate.
Back of this is some disturb
ing news in connection with our
international deficit.
The international balance of
payments of a nation—it may
be either a deficit or a surplus—
is the total of all payments made
by one country to the rest of the
world as compared with all the
payments it receives from the
rest of the world. In 1959 we
had an international deficit of
$3.8 billion. That was only a
moderate increase over 1958, but
CKOWA a HRiLALD. EDtHTOH. NORTH CARDURA. THURSDAY. DECEMBER i. i«b.
The Four Loves by C. S.
Lewis.
Myths of Greece and Rome
by Guerber.
The Liberal Hour by John
Kenneth Galbraith.
Gillian by Frank Yerby.
The Listener by Taylor Cald
well.
Roses in December by Fran
ces Parkinson Keyes.
Ceylon by Argus John Tresid
der.
Away from Home by Rona
Jaffe.
the amount was so large that it
caused widespread concern.
The first part of this year,
however, showed such a favor
able trend that the worry pretty
well disappeared. The Federal
government has just released the
figures for the third quarter,
and they prove that this loss
of worry was at least prema
ture, and probably quite un
justified.
During the third quarter our
exports of goods continued to
increase relative to our imports,
but that is only part of the pic
ture. Other items turned against
us in large volume.
Most important was an enor
mous flow of private funds in
order to get the higher interest
rates prevailing in European fi
nancial centers. At one time
the differential was 100 percent.
That is, one could get twice as
high a rate in Europe as he
could in the United States on
comparable government securi
ties. This variation recently has
been reduced, but it has not
been eliminated, and will not be
until our business curve turns
upward and interest rates rise
here.
Also important, and an item
we can do something about, is
the amount our Federal govern
ment is spending abroad. The
particular category which is most
subject to executive action is in
the military field, and that is
what President Eisenhower has
emphasized in his directive. It
is not a matter of withdrawing
soldiers as such, but of bringing
back to the States a large por
tion of the families and depend
ents of soldiers. The saving
here can be large.
Another part of the directive
deals with having other nations
carry a larger share of the aid
needed by under-developed
countries. Some progress has
already been made along this
line, but more is needed. j
Still another field for help isj
the order that when a loan or
grant is made to a foreign na-i
tion, the proceeds should be
spent when possible in this
country. ' (
As we, said earlier these are
drastic steps. But with a defi
cit of $4.3 billion on an annual
rate, aothing less can be ade
quate.
Cotton Vote Set
For December 13
Ivery Important Deci
sion Again Facing
Cotton Farmers
Cotton growers will make an
important decision on Tuesday,
December 13, \A. C. Griffin,
Chairman of the Chowan County
Agricultural Stabilization and
Conservation Committee, re
minds farmers.
On that day, growers will vote
in a referendum to decide
whether marketing quotas will
be in effect for their 1961 up
land cotton crop. All farmers
who engaged in the production
of upland cotton or who had
cotton acreage in the Soil Bank
in 1960, will be eligible to vote
in the referendum.
“If at least two-thirds of the
growers voting approve the quo
tas,” Mr. Griffin explains,” mar
keting quotas will be in effect
on all farms growing upland
cotton in 1961 and penalties will
apply on ‘excess’ cotton.
“By complying with the farm
allotment, a grower will be eli
gible for price support at the
full level available—not more
than 90 nor less than 70 per cent'
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[■of parity in 1961.
“If more than one-third of the
growers disapprove quotas, there
; will be no marketing quotas or
penalties, allotments will re
, main in effect, and price sup
ports to eligible growers wilt
drop to 50 percent cf parity.
“In either case, acreage allot
ments of some kind will con
tinue in effect for the 1961 cot
ton crop as a means of deter
mining eligibility for the avail
able price support.”
Mr. Griffin points out that
legislation directs the Secretary
of Agriculture to proclaim mar
keting quotas for the next up
land cotton crop when the cot
ton supply exceeds normal.
Quotas are not put into opera
tion, however, unless they are
approved by at least two-thirds
of the growers voting in a ref
erendum on the question.
P‘Star Os Bethlehem”
Now Being Presented
“Star of Bethlehem”—the larg
est single Planetarium Christ
mas production in the world —is
now being presented at the
Morehead Planetarium in Chap
el Hill. It will run through
January 2, 1961.
This year’s version is the tra
ditional one acclaimed by cler- 1
gymen and laymen. So unique
and inspiring is the spectacle I
that patrons who repeatedly at-1
tended it year after year voiced j
objections when some changes
were attempted in it in 1957. J
Thus, the original and tradi-j
tional version was restored in;
1958 and is again being offered.
Thirteen public performances
aii scheduled each week. Even-,
ing shows begin at 8:30 o’clock'
and matinees are given Satur-j
days at 11 A. M., 3 and 4 P. M. j
The Sunday matinees are 2, 3'
and 4 P. M.
That schedule will be inter
rupted only on Christinas Eve
and Christmas Day, when the
Planetarium id closed for the
only two days in the year.
Labor Laws Explained;
For Holiday Working |
I _____ i
State Labor Commissioner l
Frank Crane reminds Tar Heel
I employers of the maximum
I working hours permitted for
' women and minors under the
I State labor laws during the pre-
Christmas rush of business.
I “Women of 18 years or older,
I employed in mercantile estab
lishments employing nine or
more persons, may work a maxi
mum of ten hours a day but
not more than six of the seven
consecutive days from December
18 through December 24,” Crane i
said. “This special provision in
the law is for the seven days
preceding Christmas day only.
Normally, maximum working
time for these employees is nine
hours a day, 48 hours a week,
and six days a week.”
“Women working in estab
lishments employing eight or I
fewer people are restricted to]
ten hours a day and 55 hours a'
week,” Crane said. "The law I
does not provide any increased.
I working time for this group pre-'
j ceding Christmas day.”
Commissioner Crane also
pointed out that no longer hours
are allowed for minors under 18
years of age. For 14 and 15-
year old minors who have ob
tained employment certificates
from their local welfare super
intendent, maximum working
time is eight hours a day, 40
hours a week, six days a week.
Their work must be confined
to the hours between 7 A. M.,
and 6 P. M.
Boys 16 and 17, after obtain-
-
ing employment certificates, may
w-rx nine hours a day, 48 hours
a week, six days a week, not ti
earlier than 6 A. M., and not p
later than midnight Girls of 16 ii
and 17 have the same maximum s
hours and days of work but may “
be employed only between 6 1
A. M., and 9 P. M., Commission
er Crane added.
No mercantile work is permit
ted for minors under 14 years!
of age. i
Gaming corrupts our dispoai- i
tions, and teaches* us a habit of t
hostility against all mankind. £
' —Thomas Jefferson. i
/ 1 STRAIGHT
bourbon
WHISKer
! [SJ*
I ®pi I s2^s
lAWRENCEBURG. KENTUCKY
Seldom Shoot Fish -AS'I
Last year a pair of Alabama
dee# hunters were sorely disap-,
pointed to find that their favor
ite guide had deserted them to
serve visiting fishermen instead.
“What’s the matter? Don’t you
like hunters?” one of them asked.
“Like ’em first rate.”
“Do fishermen pay more?”
“Nope.”
“Then what’s the idea of tak
ing up with them?”
“Friend,” the veteran woods
man replied, ‘1 just got plumb
tired of being shot at for a dew.
So fur, ain’t nobody mistook m*
for a fish.”