Letters To Editor
bear Sir:
t Your offer of space in The
IChowap Herald for an an-
Inouncement by the Eidenton
IjMnior Chamber of Com-
Jwpce expressing their ap
preciation to the business
firmis and individuals of the
community that have con
tributed to the project un
dertaking to acquire a civic
building is accepted. We
respectfully ask that you
place the following in your
next edition: '
IN APPRECIATION
The House Committee and
all the members of the
Edenton Junior Chamber of
Commerce wish to publicly
express oiir thanks for the
most generous assistance and
donations to our acquisition
and renovation of the PX
building at the former air
station.
To the following, we say
WCDJ
1000 Watts...... 1260
CARRIES
LOCAL STATE AND
NATIONAL NEWS
12-1 andsP. M.
DAILY
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THANKS:
peoples Bank & Trust
i Company; Twiddy Insurance
& Beal Estate Company;
Western Gas Service; Belk-
Tyler’s; Goodyear ’ Service
Store; J. H. Conger & Son;
Tee I<ok Corporation; United
properties; Charles O. Tysor;
Ashley Welding & Machine
Company; Darf Corporation;
WCDJ Radio Station; Clar
ence Wiggington; Edenton
Tractor & Implement Com
pany; John A. Holmes High
School, Industrial Education
Department.
Byrum Implement Com
pany; Byrum Hardware Com
pany; Mack Privott; Pat
Pickier; Edenton Construc
tion Company; Hughes-Par
ker Hardware Company; The
Chowan Herald; J. D. Mc-
Cotter; Bill Easterling; The
Norfolk & Carolina Tele
phone & Telegraph Com-
v ■ 1
TIfK CHOWAN HERALD, EDENTON, NORTH CAROLINA, THURSDAY, ]\l\Y 26, !‘J6«.
Postal Savings Conversion Jo Savings Bonds Urged
Postmaster James M. Bond
today, urged local citizens.
' who have funds on deposit in
the 1 abolished Pbstal Savings
System to convert their hold
ings into United States Sav
ings Bonds.
“Postmaster General Law
rence F.’ O’Brien, who is
’ Chairman of the Federal Sav
ings Bohd Campaign, has ap
pealed to 930,000 Americans
who have $285,000,000 on de
posit with the Post Office
Department to convert their
investments into United
States Savings Bonds,” Mr.
Bond stated.
“I join him iry urging local
citizens who have Postal Sav
ings Accounts, to make that
change which will be of
great benefit to both them
selves and our Country. Sav
ings Bonds offer every ad
vantage of convenience and
security formerly available
through Postal Savings Cer
tificates plus, many other ad
vantages unique to Savings
Bonds ”
Among those special ad
vantages, the Edenton Post
master said, are Savings
Bonds’ new, higher interest
rate of 4.15 per cent and
“the greatest intangible bene
fit of supporting our coun
try in the fight for freedom
in the world and for eco
nomic progress and security
here at home.”
Mr. Bond said details
about the procedure for com
pany; James Gardner, Sea
brook Blanching Corporation;
Alton Elrriore.
Yours truly, '
FRANK H. HABIT.
Chairman House Committee.
[SHOP I. N. S.
: —AT
W. LS.
►
►
; •
! CYPRESS
: Bacon .lb. 55c
►
I GWALTNEY
: Franks lb. 53c
>
•
! MRS. FILBERT’S
■ Margarine. . . . 1b.29c
: Lettuce .... head 15c
>
; Tomatoes. . . 21b5.35c
i
> 46-OZ. DEL MONTE MIXED
: Fruit Drinks 3 for SI.OO
»
SUNSHINE
: Krispy Packers lb. 32e
Try Us For Fresh Meats and
v Homemade Sausage
W. E. Smith's Store
ROCKY HOCK SECTION
PHONE 482-3022 EDENTON. N. &
Seagrams
B 7
JLCromn
. s§p~‘
SfaßTOtui
- ---■
$ 2-^o
versation can be obtained
from the postmaster' of any
’ostal Savings Depository
Post Office (which includes
Edenton).
The Postal Sayings Sys
tem, in operation since Janu
ary 1, 1911, was discontinued
April 27, 1966, by Act of
Congress. The Post Office
GOP Leaders Predict
Inflation, Tax Boost
By Washington News
Service
If the federal government
continues its “rifles and
ruffles” program, informed
Republicans are saying on
Capitol Hill, the result can
only be runaway inflation
and a rash of increased
taxes. ,
Many economists, favoring
no political party, are say
ing the same thing. They
note that for the first time
in six years, the cost of liv
ing has begun to break
through the overhead. They
expect higher and higher
prices, particularly in such
items as food and clothing—
the necessities of life. Re
storing the , taxes which the
Johnson administration cut
with so much fanfare in the
1964 election year will not
do very much good to stop
the upward zoom of living
costs, they say.
Political observers here
Department presently is liqui
dating its accounts and on
July 1, 1967, will transfer
all unclaimed assets of the
System to the Treasury De
partment.
The decision to abolish the
Postal Savings System was
made -because of declining in
terest in it by the general
point out that whereas the
President signed the civil
rights bill at the Lincoln
Memorial and the new im
migration bill at the Statue
of Liberty—all with consid
erable fanfare —he put his
name on the new tax bill in
his office at the White House
with ho publicity whatso
ever.
The solution being pro
posed by those with no poli
tical axes to grind is a halt
in the multi-billion dollar
programs being pushed .by
the White House. It is
argued that the President got
enough “handout legisla
tion” passed in the last ses
sion of Congress to hold him
for the next years, or at
least until the bill for the
Vietnamese war has been
presented. There can be no
cutback there if the United
States is to stem the tide of
Red aggression and protect
her flanks in Southeast Asia.
But businessmen, big and
small —as well as farmers
and those with limited earn
ings or fixed pensions—feel
that expanding the Great So
ciety’s programs can only
lead to further shrinkage in
the purchasing power of the
dollar, with hardship to the
vast majority of Americans.
Foreign aid, they believe, has
run its course and is only
helping the perennial “gim
mes” of countries whufce sole
interest is in the Yankee
foliar, not the Yankee well
being.
“The big businessman al
| ways makes out,” one Re
. publican congressman recent
; > remarked, “but when in
i flation it’s the house
, wife who has to cope with
• higher prices at the market
I and shop, plus a family pay
i envelope which gets lighter
■ every week.” -
l If taxes are to remain
i down and inflation curbed,
! federal expenditures must be
; cut. The administration hopes
! to hold the line against GOP
; attempts to break through
1 with a 10 per cent cut on
| authorizations and appropria
! tions for new and expensive
I projects. In the past, the
, most effective method has
; been to ask for more than
| was wanted, in the formal
> White House 1 requests to
> Congress, thereby getting
\ w 'hat the heads of depart
t ments and agencies had j
f sought in the first place.
£ This technique may work j
b again this year. But if con- s
l gressional mail continues to [
» run as it does, overwhelm- 1
* ingly anti - spending the !
i House of Representatives and 1
l the Senate may ■ seriously i
> hone their knives for deflat- 9
l, in £ .the new “inflation bud- '
> get.” i
> ■
f Candidate East i
; Plans Busy Week ;
> A full schedule is ahead for ■
J Dr. John East as he plans i
i to meet civic clubs, school ■
| groups and interested citi- |
zens this week. »
Monday the Republican ■
Congressional candidate ■
meets with the Greenville ■
Optimist Club at the Silo ■
Restaurant at 6:45 P. M.
A visit will be made te ■
Belvoir-Falkland High School ■
Tuesday. He will speak to ■
the school’s teachers that as- ■
ternoon at 3:20.
Dr. East will meet with ■
interested Pitt County citi- j|
zens at a barbecue in his ■
honor Wednesday.
Thursday evening he twill ■
meet with the Hamilton Lions "
Club where he will be their ■
guest speaker at the Metho- m
dist Church Fellowship Hall. •
The meeting is scheduled for ■
7 P. M.
More Than Just A Name
. After sending a parcel to 5
European relatives, a farm J
family received a very grate- ■
ful letter with this para- "
graph: ( 7
“If you can, please send "
me more of these little pills, i
We didn’t k}.ow what they 5
were until Cousin Lempt ■
came—she had studied Eng- J|
lish, you know and read ■
the name for us-. Then we J
gave them all to Uncle Paul, ■
whq suffers from rheuma- *
tisnq. He feels much better ■
now,-and says it is the best 5
medicine he ever took. If ■
you don’t remember the S
name of the pills, they’re ■
called i Life Savers.”
public as a savings and in
vestment medium. Higher in
terest rates paid by financial
institutions and other means
of interest had attracted the
bulk of funds which formerly
went into Postal Savings
and the convenience factor
was negated by expanded
hours of service by banks.
The original purposes, the
Postal Savings System were
to (1) get money out of
hiding; (2) attract the sav
ings of immigrants who were
accustomed to saving at post
offices in their native eoun
tries; (3) provide safe de
positories for people who had
lost confidence in private
banks and (4) provide more
convenient depositories , foi
savings of working people
who were unable to bank
during regular banking hours
“Those purposes have long j
since been fulfilled,” Post
master Bond . commented
“and, as Mr. O’Brien has em
phasized, no greater new
purpose could now be served
by funds on deposit in the
Postal Savings System than to
put them to work for Ameri
ca in the form of ‘United
States Savings Bonds.”
_ !
Legal N otices
EXECUTOR’S NOTICE ~ j
Having qtialified as Execu
tor of the estate of W. V.
By rum, late of Chowan Coun
ty, North Carolina, this is
to notify all persons holding
claims against the estate of j
said deceased to present
them to the undersigned or I
or before the 25th day ol j
November, 1966, or this no
tice will be pleaded in bar
of any recovery thereon. All
persons indebted to said es
tate will please make im
mediate payment.
This 23rd day 0 t Mav,
1966. ' >
W. S. BYRUM.
Executor of The
Est. of W. V. Byrum.
Deceased.
W. S. Privott,
Attorney for Executor.
May26,Jun2.9,16c
0Y our Vote and Support
for
of the First District in the
N. C. General Assembly
y
Will he Appreciated
Colonial Upholstery Co. [
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PAGE SEVEN
I—.SECTION OT7I?