Newspapers / The News-Herald (Morganton, N.C.) / Feb. 26, 1920, edition 1 / Page 5
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THE NEWS-HERALD, MORGANTON, N. C. FEBRUARY 26 1920. I : VED ACCORDING TO 14 ABILITY TO PRODUCE Thc Revaluation Act ii lnC With fhp RiiIps 1 V liii m nar- 4 Vi n Tii1ao Oitv V cited by Farmers' Union BURKE BEAUTIES the u ., recent meeting in Greensboro At a tt; 4- tnt C rariiicia umuu past me resolution: 1 ..Ve ask tlie Legislature to amend r valuation Act and that all 'or'-tv be assessed according to its F:.v produce an income, and its to give it a value." 1 u i'h interpretations that will make f i t appeal to evary thoughtful :n "i'iiU :s precisely what the Re- H1" 1 Ti. X 1I Act ooes. it taxes an according to its fair maket Two things determine market . .. i 1' Vilj ' ,L profit and pleasure. When a r-irts with his hard-earned cash J1 a ricce of property he does it -c of the profit or the pleasure n.fts to get in return. The V value of any price of proer-"?"''X-A cr personal, is fixed by the it is already yielded, or in the ,on oi me f " i or by the pleasure the owner- U afford. T r.svw- ill 11 e of i nn C AT KelOW 1 give auiiiv; iiowwwwo x , ,. ho--e rules wotk, ior uiusiriiuuus Jl 'niwavs better than arguments: a l, a invests $10,000 in Ford pas 'Vr cars and trucks and goes into Lousiness of carrying goods and '.Lenders for hire. He makes -'000 a year net on his investment, if mv 10,000 for a silver-mounted, ,'!. v.nicfprpd Pirco-Arrow tour- VClVLt - , . 1nnnn - . in? i'1' v'.'-'U!- rV-'V V TIp mvs out his $10,000 for pk-asure he expects to get out of th ' enr Aie neve uicaiuo V money out of it, but, on the other I'll it costs him $2,000, a year to ''.'n t ear and keep it in gobl repair, ould the Fords be taxed at their fVr 'irarket value because they pay n per cent on the investment, and ve Pioice-Arrow be exempted from fixation because it involves a less of Vp'H- cnt on the investment? " builds ten houses for rent at "oncost of $50,000. He rents the hoU'.' for $500 each and they yield him 10 per cent on his investment. B builds a $50,000 residence. It ri- po income and never could be r'ne'l to pay any reasonable income on 10c investment, for people who a"re able to pay $5,000 -a year for a hou-e to live in live in their own home Should the ten rented houses taxed for what they are fairly vovth on the market and the $50,000 be taxed tree because it i nav an income? Theie is a hunting club in North I mansion w-ev can vvoiouwMoki. mZmZmZ 2 52 W K mi 4 . RIEF NEWS ITEMS FROM OVER BURKE (Continued from first page) Photo by Webb ISBEL DAVIS Daughter of Mr. and Davis Mrs. W. I. gave his note payable $1,000 a vear for nine years. Smith went to work. He rotated his crops, he used imorov- ed farm machinery, and in four years on that hundred acres he made enough clear money to take up the $9,C00 outstanding against it. Jenkins comes along and, seeing what Smith has done, offers Jonas one hundred dollars an acre for the other half of the land. Jones refuses to take it. Should the farm of Smith be taxed i Mt twptW Rwd at a hundred dollars per acre because Miss Bessie Ballew. who had the r. uarrou; commissioners, Messrs. J. M. Bnnkley, Henry Clot. J. P. Ros tan, Louis Bounous, John Long. The officers hold office until May 3rd when a general election will be held and the citizens of the incorporation wfll elsct mayor and commissioners who will hold office for one year. On May 3rd, 1922, the second election will be held and on that date the mayor and commission chosen will hold office for two years. All good moves have some opposition, so had the incorpo ration of the town, but the opposition was so weak that it did not feel able to send a representative to Raleigh to give reasons why the village of Valdese should not be incorporated. We now bespeak their support and hearty cooperation in the boosting of the town in all things, for the better ment of the cbmmunity. Mr. John Pons,' Mr. Onezime Pons and Master Henry Bouchard were visitors at Statesville Monday. Mr. Albert Garrou made a business trip to Raleigh the 17th, returning the 18th. Mrs. Emily Dale is spending a few weeks with her father and mother, Mr. and Mrs. John Long. Mr. Deal came to Valdese srith his wife, but has returned to Norfolk, where he is employed in the ship yards. Mr. John Ribet arrived in Valdese last Saturday. Mr. Ribet brings his bride of several weeks to his father's home where they are spending their honeymoon. Mr. Ernest Ribet is spending a few days with his parents in Valdese. Mr. Henry Guigo, who is employed by the Laurel River Lumber Co. at Runion, spent the week-end here. BRIDGEW ATER. Influenza is quite prevalent in our little village twenty-five or more cases reorted. These are several cases in the families of Mrs. Minnie Anthony, Mr. and Mrs. Victory Epley and family, Mrs. Caleb Gibbs, Mr. and Mrs. Will Hemphill, Mr. Tom McGalliard and family, Mr. Abner Seals, Miss Virginia Ballengee, Miss Clecne Ballew, the families of both Mr. Lawrence and Ed Jarrett and it pays a handsome income on tha' investment, and the farm of Jones be taxed at ten dollars per acre be cause it pays no income at all? .Let me repeat, that the market value of land is fixed by what it is m "'clina that owns 17,000 acres of i now producing or by what the public lar.il. oth;'r that ciub vear It Yields no income. On th hand, it costs the members of . . 1 Jl-H seven tnousana aoiuus u to keep it up. This land has market value based on two th ilt) what some other men is believes it can be made to produce. This increase in the productive power of the lands of North Carolina explains tnc steady rise in the mar ket value of these lands. In 1909 the crops produced cn the lands in North tc pay lor it as a nunung i Carolina were worth ore hundred and believe could oe torty-two millions of dollars. These misfortune of getting her ankle broken in an automobile accident in Winston-Salem a few weeks ago, and who has been in the hospital at that place, returned home Wednesday and is doing nicely. Mr. Sam Blackburn moved hh family" to Jallapa, S. C, where he is eny-acred in saw mill work. Mr. Ge.orrce Hunter left last wee for Studley, Va., where he is engaged in bridge construction work. Mr. Winslow Ballew has accepted a position at Newbury, S. C. Miss Pinkie Tate returned last week from Granite Falls, where she was called to nurse her sister.. Mrs. Homer Robinson, her husband and two children, who had influenza. Mr. J. U. Ballew, of Asheville, vis- what men .. o :t of it as a farming proposi- I values have steadily increased. In ;,r.. The land surrounding the club j 1915 they amounted to two hundred i;.;.'- are farming lands, and have a and two millions; in 1916 to four rp-:vkoL value determined by what men 'hundred and seventeen millions; in r.i:'. vo tney can oe maue lu piuuuLc i r?o, nve nunureu ana imrxy-oeven She .1. ', the farm lands be taxed r.L i millions; in 1919, six hundred :'.-. : rr.trket value, and the hunting , eighty-three millions. In 1910 North ":arub be exempted because thdy j Carolina was the twenty-second State -( i:n income; . . !m tne union m tne value oi its tarm ; unf1 Wti sllfTPr,n with an in- man in tne city oi Kaliegh : products; in 1919 it was the fourth I A -f o nnTio nf T 7 , , T : . : x- - otaic m uxe umuu. iu xiiMB yeath we dugt Qr other smaK object, went to KMCU cifctet:ii oiatefc m uie vtuue i Morganton Thursday to have it re- M -t WUU,LO u. UU1 lax JILT. Xb WUU1U ,J i . . , . .i i moved. ue a iniracie ii tnis increase in me h;m. He paid $2,000 for it. It never : value of the products was not re and ! : .,. lt-nQ Tv JnVin Rnllpw I l,CU 4.1 U lilt ilUlll. . V vA - ' last week. Mrs. Caleb Gibbs, of Muddy Creek, I'ucht a house and lot. In the rear cf t'.io lot purchased was a vacant lot Tne nan bought this lot because he il'il 'nit won f n:ivl-indv to livp behind t V' V lJ4W - yield an income, but should the j fleeted in the market value of the vacant lot be tax free on this account? 1 think these illustrations will serve to show that it would never do to fca.ie tax values solely on what income property either does or can be made to produce. The amount of pleasure and satisfaction that the ownership of the property will afford is a real element of value. Again when there is no considera tion of pleasure and satisfaction, and tte consider income only, the market value is and of right ought to be de termined, not by what the property is actually producing, but by the judgement of the public as to what it can he made to produce, and this is wr.at actuallv does determine market lands. GREAT OPPORTUNITIES IN NAVY Mr. J. H. West, navy recruiting officer from Asheville while in Marg anton last week stated that the young of this Mrs. Bob' Avery of Morganton, was called home last week to nurse her mother and father, Mr. and Mrs. Will Hemphill, who were quite sick with influpnza. Mr. A. P. Hunter is spending some time at Glenwood, where he is build ing a house on his farm near that place. Mr. Ralph Abernethy, ot riicicory, men oi tms section are overlooking a splendid opportunity when they do j has been h'ere for several days burn iiul mve&ngciLe wiiau me navy nas iu j L..-.V. . il i j k I Hi UXILIV. offer them in return for a two year enlistment. The navy with its good pay, healthy life, opportunities for travel and education has always beer an attractive proposition for young red-blooded Americans and they ha.ve always been quick to take vantage of it. Few people are familiar with what the navy is doing for the young market value determined bv what the i men of this country. The mission value. Illustration: 1. In a certain city in this State a man owned a large block of property that under the old law was on the tax Jooks at 25,000. It did not yield a fair income on that value and ft its present condition never could be made to yield an income on $25,000, the man was offered a certified eck for $375,000 for this property, aJ refused to take it. Enterprising tjt:zens offered this money because wey believed they could take; the property, build apartment houses and office buildings on it a cost of more than one million dollars and make it Pay a fair dividend on the investment, hould this property stay on the tax books at $25,00 or at $375,000? 2. In a certain county in the State lllere is a man who owns 10,000 acres J -and. It is on the tax books under fhe old law at from eight to ten dol ars an acre, and it does not pay a 'easonable income upon this tax alue. But all over that county there a""e men who are willing to pay for ,n's land from seventy-five to one jundred dollars per acre because they JJeve that they can take the land "a make it pay income on the invest-pt- The man will not sell. Should J?" land stay on the tax books ac . st or ten dollars an acre, or should ion tne tax books at from seventy V v 0ne nunre" dollars an acre, the farmers in that county are J-e, and willing, and anxious to pay ? cout ew years a m a certain J-ty there were two cotton mills, nierf Practically the same equip w , ln buildings and machinery, Pail anPrximatly $200,000. One. divifi im e beginning a handsome finiii ' tne other lost money, and inaj.ly went into the hands of a reiver. j . . kJllllIJ II I Ml II 11 II I K 1III1 of the sucessful mill be ""tninery at $200,000 and the buildings mjji .Machinery of the unsuccessful iicoiriK?taxe ree because it paid no Hzp ' is a wise policy to pena- : sucess and award failure? 0n- Jones inherited 200 acres of land. p;n h eked out an existance. oi t Smith came along and bought Paid v0nes one-half of this land and for if lm one hundred dollars an acre II- He paid $1,000 in cash and of the new navy is to train and educate men and send them back to civil life better equipped to earn a good living. The man may not stay with the navy but the training is sure to stay with the man. A man may enter the navy and learn most any trade that he desires during his enlistment. The navy maintains trade schools for the instruction of men who desire to learn a trade. Practically every mechanical trade is taught. The aviation mechanic's school at Great Lakes, 111. is open to ambitious young men and men who take up aviation may learn any trade that is connected with aviation and after one enlistment return to civil life as an expert mechanic ready to take up work in that line at high wages. The following schools are open .at this time for men who have had no experience in a trade but wish to learn one; blacksmith school, carpenter, painter and shipfitting. All of the other schools are open to men who have a slight knowledge af the trade they wish to learn. The navy is now the school of the nation and is literally living up to its slogan "The Greatest School On Earth.,, Men interested in advancing them selves are cordially invited to call and talk it over with the navy recruit ing officer No.4 Pack Square,Ashe ville, N. C. or write to the same ad dress for further information. The ages for enlistment in the navy is 18 to 35. Dollars and Cents. Counting it in dollars and cents, how much did that last cold cost you ? A man may not always stop work when he has a cold, but perhaps it would be better if he did. It takes about ten days to get completely rid of a cold under the usual treatment. That time can be much shortened by taking Chamberlain's Cough Remedy and proper care of yourself; in fact, a bottle of this remedy in the house is a mighty good investment during the winter and spring months. It isn't the- long life alone that makes people, like the Overland "4;" it is the best car of it's class in the world. Standard Motor Co. Mr. Bynum Hemphill has return ed from Dante, Va. Mrs. Jay Ballew visited her broth er, Harry Hunter, in McDowell hos pital at Marion last week. Mr. Hun ter is a breakman on the Southern Railway and was found unconscious on top of his train, after passing through one of the tunnels on the mountain, supposed to have been struck on the head by a boulder, which fractured his skull. He was slightly improved at last report. Miss Zelda Yelton, who has been teaching near Rutherfordton and who has been at her home on' Muddy creek suffering with influenza, is able to be out again. We are glad to see Mr. "Bany" Mangum, of Route 1, able to be out again after having been so sick with smallpox. Miss Lillian Hunter has accepted a position as teacher in the new school building of the Clinchfield mills at Marion. Mrs. J. K. Middleton visited her aunt, Mrs. Sue Riddle, at Clinch Cross, last week. Messrs. J. W. Ballew and Collett Benfield made a business trip to Ma rion Thursday. We are sorry to learn of Dr. B. L. Long's illness at Glen Alpine. Mrs. Charlie Conley, who has been visiting her father, Mr. L. A. Caus by, returned Saturday to her home in Carlisle, S. C, Mr. Causby ac companying her home on a short visit CHESTERFIELD. Mr. C. H. Smith, of Smokey Creek, spent Wednesday and Thursday in this section on business. Mrs. R .K. Kincaid, after visiting her daughter, Mrs. Will McGalliard, near Lenoir, returned home Saturday. Mr. H. M. Conley and Miss Addie Conley attended the funeral of their sister, Mrs. A. H. Giles,-at Marion, Thursday. Miss Effiie Williams, who has been at Morganton for some time, is at home now. Mrs. Alice Whitener and son, Mr. Russell Whitener, of Catawba coun ty, were guests Friday night of the former's sister, Mrs. E. B. Hood. They came to Morganton to buy a car. Little Miss Lois Sides, of Antioch has been spending some time with her grandparents, Mr. and Mrs. G. M. Arney. Master Elbert Powell spent Satur day in Morganton. Master Lynn Baird, of Antioch, (Continued on eighth page) CARD OF THANKS. We take this means of expressing to our 'friends and neighbors our deep feeling of gratitude and appreciation for kindness and sympathy shown us during our recent affliction. W. A. SPENCER AND FAMILY. . Triple Springs gives Overland "4" 130 inch spring base. Standard Mo tor Co. If you are interested in rooms, lodging, meals, you can call on J. L. ANDERSONS The Overland Light Four is mak ing some really new automobile his tory. Standard Motor Co. NEGLECTING THAT GOLD OR COUGH? Why, when Dr. King's New Discovery so promptly checks it ? o c o ii c 3 cm mo c $ cm mo 2 Si n mc cm n m mz cd c r,m c r.m cm mc i ? c cf urn cm mc cm c cm mc cm mc cm mc om mz cm 1 : m mz cm TO AUTO OWNERS! We will be ready for business about March 10 to Doctor your Sick Tires We have employed a man to take charge of our plant who has had several .years 'experience, and has just returned from the.. Good Year Tire & Rubber Co. with a deploma in vulcanizing. In ad dition to this we have purchased the Western Plant, -which is the best available. Solicitirg your businesr. LANE TIRE & VULCANIZING CO. E. G. Lane Roy L. Lane Lawrence Lane, Mj:r. IT'S natural you don't want to be careless and let that old cold oi cough drag on or that new attack develop seriously. Not when you can set such a proved successful remedy as Dr. King's New Discovery. Cold, cough, grippe, croup does not resist this standard reliever very long. Its quality is as high today as it al ways has been and it's been growing steadily in popularity for more than fifty years. 60c. and $120 a bottle at all druggists. Give it a trial. Constipated? Here's Relief Not that often harmful, always vio lent and temporary, help that comes from harsh purgatives, but the com fortable, gratifying, corrective regula tion of stubborn bowels so pronounced in Dr. King's New Life Pills. Tonic in action, they promote free bile flow, stir up the lazy, thoroughly but gently cleanse the system of waste matter and fermenting foods, and give you keen zest for hard work and healthful recreation. All druggists BEST FOR HOME SHINES-SAVE THE LEATHER THE BIG VALUE PACKAGES PA9TF? AMn TimimC For Black, Tan. Ox Blood, Dark Brown a - -w ww, s. kiwiwj and White bhoes jV THE F. F. D ALLEY CORPORATIONS LTD., BUFFALO. N. Y. " .'..,,.,,,. . mmMafcmmi mm mm i fc a ii tJkb ,- m - -r fif - m : .inrA More miles fier gallon Mors miles on tires 1,500,000,000 Miles of Evidence Statisticians calculate that Maxwell cars the world over traveled 1,500,000,000 miles last year. AVhat a gigantic test of gears, bearings, axles, crankshafts, and the 3,000 other pieces of steel in a Maxwell car! Had these metals shown a single chronic weakness their makers would have suffered a far-reaching penalty. Instead these 1,500,000,000 test milesequal to 57,000 times around the equator put a great premium on the Maxwell. So great that it is becoming more and more difficult each day to get a Maxwell. To fill this ever-growing and friendly demand for Maxwell 100000 are being built this year, bringing the total of Maxwells now in use on the road to 400,000. The 100,000 will fall far short. I II llll III w !j Possibly 40,000 persons will have to purchase a second jj choice car. I I To be sure of your first choice see the Post-War III 11 Maxwell without delay. STANDARD MOTOR COMPANY PHONE 114 M-rm iMin.. - H t mi , I, M--MiraiTTraiMTMnnTMMiifcanr"l Jl ' " " 1 - rm m , jj" . ' w ' 1 I! i : 1 hi S3 8 1 r. g 1 cm S ft I 8 c m mc I 9k I
The News-Herald (Morganton, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Feb. 26, 1920, edition 1
5
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