Newspapers / The Chowan Herald (Edenton, … / Aug. 28, 1969, edition 1 / Page 5
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September Is Bringing V' :' Activity To Tar Heelia Time: September. Location: The State of North Carolina. £>cene I: “Swing your partners,” the man in the multi-plaid shirt sang out. His foot tapped out the rhythm with a staccato beat The dancers pranced as the folk music was caught up in the crisp, clean mountain air. Scene II: The lithe half back took the kick, made a quick step, cut to the left and was free from his would-be tacklers. He was touchdown bound. One side of the stadium roared its approval The other side sat in silence, stunned by this dastardly deed. : Scene HI: The boat cap tain slowed his craft to a trolling speed. Lures and lines went over the side. Soon the tip of an angler’s rod twitched and then jerk ed. “A fine Spanish mack erel,” the captain called but. These are short scenes from a preview of Septem ber, a delightful month full of activities in North Carolina. With the largest number of advance reservations in history, the Great Smoky Mountains resort of Fon tana Village will become America’s square dance capital for the entire month. The Fall Fun Fest Square Dance Festival is expected to draw more than 2,000 dancers. The Fun Fest is followed by three other week-long events: Accent on Rounds, beginning Sep tember 7; Rebel Roundup, beginning September 14 and Swap Shop, beginning September 20. The Fall Swap Shop will be the After all, it’s the only country you’ve got. Buy U.S. Savings Bonds & Freedom Shares SHOP I. N. S. AT W. E. S. CHUB’S BARBECUE lb. 99c GWALTNEY FRANKS lb. 59c KRAFTS QUART SIZE ORANGE JUICE. .3 for SI.OO L N. S. TALL ' MILK 6 for SI.OO 10-LB. BAG CHARCOAL bag 59c 10-OZ. KRAFTS GRAPE JELLY.. .5 for SI.OO 2Z-OZ. LIQUID JOY .2 for 89c 2-LB. BOX AUNT JEMIMA Pancake Mg°"L3gjjggs«39c SEE US FOR COUNTRY FRESH VEGETABLES DAILY Try Us For Fresh Meats and Homemade Sausage W.E. Smith's Store ROCKY HOCK SECTION Phone 221-40J1. Edenton, N. C. 33rd consecutive time this semi - annual festival has >been held. King Football takes over in September with North Carolina doing its part in the centennial year of col lege football Wake For est and N. C. State kick off action in the Atlantic Coast Conference when they bat tle in Carter Stadium at Raleigh on the night of the 13th. The other Tar Heel members of the ACC, Duke at South Carolina, UNC at State, Wake Forest at Au burn, get into action on the 20th. The Raleigh Jaycee Foot ball Classic, a pro exhibi tion game, is set for Ra leigh’s Carter Stadium on September 6. This third edition features the Phila delphia Eagles and the De troit Lions. Fishing in North Caro lina is at its best in Sep tember. Spanish mackerel anglers have exceptional catches. White marlin fish ing is thought to be best during the month. The big king mackerel also start to move inshore. Inland fishing is also excellent for large and smallmouth bass. Hunters take to the fields and marshes as dove and marsh hen seasons get started on September 1. September is also the traditional month for coun ty fairs with most counties sponsoring such an event. The Rocky Mount Agricul tural Fair, September 15- 20, is one of the oldest in the state. This is the 88th annual fair. The 16th annual Inter national Cup Power Boat Regatta is to be held at Elizabeth City, September 6-7. The Outer Banks Sailing Regatta will be held at Nags Head, September 13- 14. The “Wilkes 400" stock car race is scheduled for North Wilkes boro, Septem ber 21, while the “Buddy Shuman Memorial 100” will be at Hickory on Septem ber 5. The N. C. Open PGA golf tournament is sched uled at Maggie Valley, September 3-5. Two towns pay homage to the unusual during Sep tember. Cary holds the Gourd Festival, September 12-14, while Benson holds its 20th annual Mule Day Celebration, September 26- 28. September is a month of fairs, festivals and football. It’s also the month when the mountain leaves begin thinking about changing colors for the fall, reach ing a peak in October. THE CHOWAN HERALD, EDEMTOM, NORTH CAROLINA. THURSDAY AUGUST 21, IMS. MONEY FACTS AND FANCIES Mill? **] |(^] r-S \V r I X » 1,/I V lu>lDS»uuS\ . ,cc-LD : -W» -> „ \\lL±±sA^ k-Vcvv.- iHSn | ” Did you know that a woman’s picture at one time appeared on a dollar bill? That there were once three-dollar bills? That money at one time could be eaten? Or that in South Carolina they once had legal tender you could drink? These are only a few of the many money innovations for which the creators of early currency deserve credit. That woman’s picture, for example, came into view on a one-dollar 1854 bank note from the Delaware City Bank of the Kansas Territory. In 1856, also in Kansas, there were three-dollar bills! The notes featured pictures of three cherubs! Salt, valuable as a food pre servative, was scarce, durable, portable and easy to divide. Early Roman soldiers, whose Latin word for salt was “sal,” received a regular salt allow ance (whence our word, “salary”), and African slaves were once sold for their weight in this precious condiment. Thus the expression “worth his salt.” Liquors and other spirits have also served as money: beer was partial wages for miners in 19th century Eng land; a century before, in South Carolina, rum was legal tender! Tea, a common if blander beverage money, was used for centuries in the Far East. For ease in handling, it was often shaped into bricks. Tobacco automatically meant money to our southern colonists during the 17th and 18th centuries. In time, tobac co warehouse receipts were used; but originally the actual leaves circulated! Over the centuries, money has been the subject of mem orable quotations. “To have money is a fear; not to have it a grief,” said English poet George Herbert in 1651. Ac cording to Benjamin Franklin in 1735, “Nothing but money is sweeter than honey.” In 1706, Jonathan Swift wrote: “No man will take counsel, but every man will take money: therefore money is better than counsel.” And an old Irish proverb had it that “a FOR QUICK RESULTS TRY A HERALD CLASSIFIED AD (jjffieOilylei Closeout Sale! BRAND-NAME COSMETICS ITEMS Reg. $6.50 M A A “Blush-On" SL I 11 11 Compact with Brush... Ap I• W W Reg. $4.25 jm “Moon-Drops” Translucent 11 f Cleansing Cake Sm wi Don’t miss out on these famous-brand cosmetics at low reductions! Special closeouts ... Hurry and make your purchase while stock lasts! SALE! EDENTON heavy purse makes a light heart.” We are indebted to money for several everyday expres sions such as “getting your money’s worth," “the root of all evil,” “filthy lucre,” “money talks,” “putting your money where your mouth is,” and “putting your two cents in.” What is more, there are local sayings relating to money in , different countries with differ . ing monetary units. American counterparts of these terms in clude “penny pincher” and “dollars to doughnuts.” i To coin an expression, \ banks have become "money splendored things,” but few . depositors realize how much banking has changed. In the | ancient world, instead of re . ceiving interest on your sav ’ ings, you’d have had to pay a . bank to keep your money safe for you. | Perhaps the earliest Ameri t can “bankers” were goldsmiths and silversmiths. They would 5 accept coins for safe-keeping. and lend them to qualified borrowers, and sometimes ex change one kind of currency for another. That was it—no other services were available. In 1781, when a man named Robert Morris tried to organize the first modern bank in America, he tried to sell S4OO 000 worth of stock in the company. All he could raise was $70,000—17.5* for each dollar he needed—but he bor rowed what he needed from France, and made such a name for himself that almost any banker you visit today will know his name. He really started something. Today there are nearly 14,000 commercial banks in the U.S. They have deposits of $432 billion—over 40 times as much as all the gold in Fort Knox— and people owe them 264 bil lion (including, probably, whatever you still owe on the car). A large commercial bank processes well over a million different checks every day, yet banking may still be in its infancy because of a new trend in the industry—the formation of one-bank holding companies. A one-bank holding com- pany's main business is bank ing, but also owns other com panies that provide financial services related to banking. For example, they may lease heavy equipment, sell insurance, pro vide family budgeting advice, tax assistance and charge serv ices for family purchases. The companies have been formed because antiquated laws have prevented banks from providing new services that their customers need. Not surprisingly, competitors who are not regulated by banking laws have opposed the entry of banks into areas they’d like to keep for themselves. What one-bank holding companies provide is the kind of one-stop financial shopping that modern supermarkets of fer housewives for their food and household needs. In other words, they are money super markets where customers can get car money, education money and house money as well as help with their budget, taxes and investment and in surance needs. In the U.S., everyone “knows” that the government keeps “all the gold” at Fort Knox, but actually, while there is SIO.B billion in bullion at Fort Knox, more than sl3 billion in gold is stored in New York City, where the Federal Reserve Bank stores it in a vault with walls of steel and concrete ten feet thick. (Free tours can be arranged by writ ing Dr. Dave Friedman, Federal Reserve Bank of New York, 33 Liberty Street, New York, N.Y. 10045. On the tour, you get a chance to see some of the gold.) But the New York gold doesn’t belong to us. America’s is at Fort Knox. The New York gold belongs to 120 different foreign countries. You can’t find this kind of money growing on trees, but another kind of money once did! In 13th century China, when under the rule of Kublai Khan, the Chinese produced the world’s first paper cur rency, printed on paper made from the bark of the mulberry tree. In the South Pacific, island tribes have used the teeth of porpoises, whales and tigers as money. On the Isle of Yap, huge coin-shaped stones with a hole in the middle—far too heavy for one man to lift serve as currency. (“I’m sunk,” a Yapper might have to say if he tried moving his money by canoe.) But few people know how an expression still used today began with an unusual form of payment in America's Wild West. Then, many a man would carry currency in the form of a bag of gold dust. He’d pay for things by allowing the seller to pick out one or more pinches of dust. And this is how we get the expression, “How much can you raise in a pinch?” Poultry Queen Visits Governor Scott North Carolina Poultry Queen Gayle Sloan of Chin quapin visited Governor Bob Scott in his office at the. capitol recently. She presented some poultry products to the Governor and extended him a “very warm” invitation to the Poultry Jubilee at Rose Hill in October. “You almost talked me into it,”’ Scott chuckled in reply. He then explained that he must be in Ashe ville on October 4 for the Democrats’ Vance - Aycock dinner and will have to miss the jubilee. “But if anybody could convince me to change my plans, it would be you,” he told the 18-year-old brown eyed, brown-haired beauty. The jubilee, to be held October 2-5, has been a local event for the past six years but will be statewide in scope this year. It is sponsored by the Rose Hill Jaycees. Ray Sanderson of Rose Hill is chairman of the 1969 event. Gayle, daughter of Mr. and Mrs. J. B. Sloan, was accompanied on the trip to @Qe(k Tyder BACK-TO-SCHOOL $3*99 M EM EDENTON — Raleigh by her mother and David Fussell a high school principal who is ac - tive in Jaycee work. Also present in the Governor’s office were a number of Tar Heel poultry industry leaders. The group visited Agri culture Commissioner J. A. Graham in the afternoon and Gayle also presented him some poultry products and invited him to the jubilee. Dennis Ramsey of Rose Hill, president of the North Carolina Poultry Federa tion, presented Scott two tickets to the organiza tion’s annual banquet in Charlotte on October 3. This is a SSO a plate fund raising event. The Duplin County farm girl, sporting an attractive tan which she acquired “mowing the yard and suckering tobacco,” gradu ated this spring from East Duplin High School. She was cheerleader, bus driv er, member of the Beta Club and several other or ganizations, secretary of the senior class and “best PAGE FIVE-A all-around” by vote of her fellow students. Gayle plays both piano and organ, and is organist at Cedar Fork Baptfst Church. She plans to en roll this fall at Florida State University to study music therapy, a specializ ed and relatively new field. She is five feet three and one-half inches tall, weighs 117 pounds and has a sis ter Kaye, 12. Gayle will represent the N. C. Poultry Federation through October 2, at which time the new Poul try Queen wjll be chosen at the North Carolina Jub ilee in Rose Hill. What this country needs is somebody to debunk the debunker.
The Chowan Herald (Edenton, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 28, 1969, edition 1
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