THE GLEANER
IMOED EVEBY THCBSDST.
J. D. KERNODLE,Editor.
11.00 A YEAR. IN ADVANCE.
Bntarmd ml IM FmWin ml Srmkmm.
GRAHAM. N. 0., JAN. 31, 1029.
GARDNER GARNERS RICHES
BUYING REYNOLDS STOCK.
Some "hit it rich"?only a lew
ol them. Some gamble, others buy
the real stuff?a gamble after all
some would say.
The result cannot be foreseen In
either Instance, for the sower can
not for a certainty divine the har
vest
But here Is a story of the win
ning of a fortune that Is void of
any of the elements of gambling,
which Is taken from an exchange:
W. O. Saunders, editor of the
Elisabeth City Independent, re
lates in detail, In bis newspaper,
how Governor Gardner accumu
lated a fortune as a result of buy
ing a few hundred aharea of Rey
nolds stock about the year 1918.
Here are pasaagn from the
Saunders article:
"In 1918 or thereabouts Oardner
borrowed $80,000 and bought 800
shares of Reynolds stock at 35.
And then things began to happen
to the stock. The World War was
on and the governments of the
world were boosting the sale of
cigarettes. Our government sent
billions of cigarettes to its soldiers
and the soldiers of Its allies. Ciga
rette factories hummed.
"In 1914 the United States ciga
rette factories produced 15 billion
cigarettes. In 1930 the product ion
had Jumped to 47 billion, and In
1936 to 89 billion.
"In 1919 Reynolds declared a cash
anaena 01 10 per cent ana a ain
dend of 300 per cent In common
stock. Max Gardner's 000 shares
was thus increased to 3,400 shares.
In 1031 Reynolds cut another mel
on," and stockholders got a 13 per
cent cash dividend and S3 1-3 per
cent In new stock. Max Gardner's
stock was swelled to 3?00 shares.
In 1030 Reynolds declared another
dividend of 35 per cent in com
mon stock, and Max Gardner's
original 800 shares had, by the wiz
ardry of modern finance, grown to
M00 shares. On January 1, 1038,
there was another melon-cutting
and Reynolds stock was split 3ft
for 1, each stockholder receiving
3ft shares of the new stock for
each share of his old stock.
"As I write this, Reynolds is
quoted at 385. The 808 little shares
that Max Gardner bought in 1018
now represents 10J00 shares worth
3880,000. But I am told that Gov
ernor Gardner dldnt stop at buy
ing 800 shares of Reynolds; that
when he saw what a good thing
he had he bought more and mose
until today his holdings In Reynolds
exceeds a million dollars."
Got. A1 Smith called on Preal
dent-elect Hoorer at the latter1*
temporary rattdanoe at Miami
Beach, Vhu, Tneaday. The tanner
congratulated the latter. They
talked about campaign experienced.
It waa putty *orial no pobtydty
attatr. Tttcy had act before aoma
?tx or aeren yeara age.
Oongreaaman and United State*
Senator, of Alahama and Bmao
critic leader tor M yean, died at
CROPS, DEBTS, TAXES.
Facte gathered from Jan. 25 teaue
of the Agricultural Review pub
lished by the State Department of
Agriculture: The State's 22 leading
crops for the past year are valued
at <204568.000, which Is over
thlrty-flve and a quarter million
dollars less than for the year 1J127, j
or about twelve dollars pec capita
for each man, woman and child
In the State?a heavy slump. But
the slump was principally in cotton
and tobacco, though there was also'
a decrease in the value of food
products but not so much in the
quantity produced. The Review
also gives some Items from Com
missioner of Agriculture W. A.
Oraham's biennial report as fol
lows: He suggests a classification
of lands for taxation purposes,
valuing them in proportion to their
productivity, that the farmer's
burden may stand on the same foot
ing as other kinds of business In
the matter of taxes. He also calls
attention to the State's bonded In
debtedness, $5434 for every man,
woman and child in the State?the
largest of any of'the States, and
thinks it is time to call a halt. Last
year, he says, the State and local
taxes amounted to $24.40 for every
man, woman and child In the State.
Is there any wonder that there is
comolaint about burdensome taxes?
EMERGENCY JUDGE.
For more two months
Judge D. J. Walker of the General
County Court has been too sick to
hold court, and now has been car
ried to a hospital for treatment
No courts have been held in the
meantime and there is a large ac
cumulation of business, and a num
ber are in Jail.
?arty In the session of the Legis
lature a delegation. Republicans of
course went to Raleigh with a
framed bill, piuofdlug tar a Judge
and solicitor in cas of disability
of the regijlar incumbents,
A bill has been passed, the pro
visions of which we are not ad
vised, but it differs from the orig
inal Mil. We had been informed
however, that the bill would pro
vide for the appointment of an
emergency Judge by the Governor;
but there appears to be some er
ror about that, as there is now go
ing on a fight among Republican
lawyers tor the appointment.
This anxiety for the honorable
position recalls a report which gain
ed currency when he Republicans
took charge of county affairs in the
early part of December, to the ef
fect that for the sake of economy
the CommlsMoners would abolish
the County Court.
But matters have another phase
now, selng there is a chance to re
ward someone in a political way.
If the power under the bill for
making a temporary appointment
is lodged with the Commissioners,
It l#to the interess of all that the
most suitable man be elevated to
the position.
Would Aid Cooperative
Martetiag By Loan*.
Washington, D. C?Under the
provisions of an amendment to the
Federal Farm Loan Act, introduced
by lapneentattre Frank L. Bow
man of West Virginia, Federal In
termediate Credit Bank* would be
given the authority to make loans
or advance* direct to any coopera
tive association organised under
the laws of gny state and composed
of persons engaged la producing
or producing and marketing agri
cultural products or Bve stock. It
Is espected that hearings -on this
In a tsar days before tig Committee
?ajhaldac and Cogency of the
to^thLJK",r!d'!tortS|,^s
agiltalimal prnikstp* and Bva
SljtllP
k'Sf- Mtr .k.' jfab* ?\:* , & &k-l% ?
Did You Ever
Stop To Think I
(Copyright 1928)
B.\ KdsonR. Waile,'Shawnee, Okla
Karl E. Humphrey of B Reno, 1
Oklahoma, President of the Cham- 1
ber of Commerce of the State of ?
Oklahoma, pays a most remarkable
compliment to the press of his home
State, and through them to the
newspapers of America.
"The Oklahoma state chamber
faced the year 1928 with a vital
message to transmit to Oklahoma
citizens," Mr. Humphrey says. "We
boiled this message down until we
evolved the slogan, 'State Loyalty
Pays!' But the mere repetition of
a slpgan is of little avail unless you
lnloim the public how to make
something-pay. Our proBlem was
to increase consumption of Okla
homa products by popular demand.
In iii27, Oklahoma's Income was
just'about 1V4 billion dollars. Only
one .bird of this represented man
ulac > ired wealth. We felt that by
inculcating the spirit of stateJoy
alty into all Oklahomans, we could
eventually double the value of the
products of Oklahoma factories^
"In our emergency, we turned to
the newspapers of Oklahmoa. We
oiiered them memberships in the
state chamber, with all benefits of
membership, but with dues payable
in advertising at published rates.
Imagine our delight when more
than one hundred Oklahoma pub
lishers offered to take memberships
?not at their convenience, if you
please, but almost without excep
tion with some such statement as
this: 'Anything you send us in the
way of advertising, we'll print. We
wish to do our part.'
"The so-called state loyalty cam
paign evolved by our advertising
committee reached a total of &60
laches in twelve months. Never
in my experience in civic under
takings of all kinds have I seen
such whole-hearted cooperation on
the part of any group of men or
any business interest. And the
best part of It Is, something of the
whole-souled loyaltyvofpur 'news
paper publishers seemed to find Its
way into the printed pages. ?The
response to our campaigfi has been
almost magical The ,'flrst^adver
tise m?t of the series,'in which fik
laboma products were featured in
a general way, assured the success
of the entire campaign by the at
tention it attracted and the ma
chinery it set in motion toward the
achievement of our objective.
"I NEED NO OTHER PROOF OF
THE POWER OF THE PRESS.
GRANTED A WORTH-WHILE
CAUSE, A CRUSADE MERITING
UNITED EFFORT, AND~ THE
NEWSPAPERS OF A STATE OR A
NATION CAN CARRY THROUGH
ANY REFORM. ANY PROJECT,
ANY EFFORT FOR THE GOOD OF
ALL."
Far men Seek Feed* for Sprat Oops
Washington, D. C.?Due to heavy
rainfalls, wind storms and general
unsuitable weather conditions' dur
ing last season the crops of the
farmers in the southeastern part of
the country were practically ruin
ed last year. On a great number
of the farms the amount realised
from the produce did not pay for
the i ertillaer used.' There were very
few instances where expenses were
made. As a result the farmers of
that part of the country are not
In a position to purchase fertiliser,
seed and other necessary essentials
to plant new crops 1$ the spring.
In order to alleviate this situa
tion Senator Ellison D. Smith of
South Carolina Introduced a Joint
resolution In the Senate providing
for funds to be sued for the relief
of these stricken farmers. This
resolution, as amended by Senator
Duncan U. Fletcher of Florida to
Include orchards and nursery stock
destroyed In the storm districts of
Florida, passed the Senate. It has
been before the Agricultural Com
mittee of the House and was re
ferred to the Agricultural Depart
ment for further Information con
cerning the matters with which It
dealth. The South Carolina delega
tion headed by Senator Smith and
Congressman Hampton P. Fuller of
that state, had a conference with
Secretary William M. Jardln. of the
/.Zriatftural Department. It Is ex
pected that thh bm wffl come up
far seme action by'the Boose be
fore the doee of this section of Oon
A new cream route has been es
tablished In Montgomery coenty to
serve the hnam between Fee
Dee Btver jued Troy.
On MM ieaeacreeof land, fanners
of Hoke county prodmed MO more
bales of cotton in UM than they
did la 1MT la aptte of aa unfavor
MaJ. Stedman is 88.
Is the Oily Veteran of theCmiWar I
k Either House.
Washington, January 29.?Repre- J
sentatlve Charles Manly Stedman,
of North Carolina, today was 98
years of age. He Is the only Con- 1
Federate veteran left In either House
of Congress.
He entered the Southern Army as
a private, served under Lee, was
wounded three times and surren
dered at Appomattox, and yet to
day he looked toward the future,
not the past.
Erect, courtly and hearing a re- '
markable resemblance to his great ,
leader, Lee, be talked of State's [,
rights, but not In reminiscence of ,
the time when men shouted the
words as a battle cry.
State's Bights
"Always realizing the necessity
lor his government to permit the
States to retain their rights,"
Major Stedman said, "I wish to ad
monish the citizens of this country
to guard them. I feel that the
rights of the States are being ab
sorbed so rapidly through the cen
tralization of power In Washington
that some reaction must come in
the future."
Hopeful for world peace through
the kellogg anti-war treaty, he.
nevertheless declared that he was
anxious for the passage of the
cruiser bill now pending before the
Senate, saying he believed it was
necessary to aid in insuring ade
quate defense of the nation.
Many Congratulations
All day congratulations poured
in upon Major Stedman, and the
United Daughters of the Confeder
acy observed his birthday by found
ing another chapter fct the Wo
man's Party headquarters and giv
ing it his name. The veteran was
invited to attend as a guest of
honor.
While some of his colleagues
were defeated in the "Republican
landslide" at the last election.
Major Stedman won in the Fifth
District after a spirited battle.
In addition to his other work,
the county agent of Durham county
recleaned 175 ounces of tobacco
seed for cooperating farmers in one
week.
Farmers of Scotland county have
organized a county board of agri
culture to assist the county agent
in his program of farm development
in the county.
B. I. Brogden of Wake county
says he sold $1,780.00 worth of milk,
butter, eggs, meat and other food
products from a herd of four milk
cows, a flock of 185 hens and a
feW hogs in 1028.
Tine Ways to Make Me
Fsra Lshd Pay Retms.
Idle land, left to wash and erode,
without being put In pastures,
crops or trees is a burden to the
?owner and pays no returns.
"There are just three things that
we can do with land, aside from
the small amount that is used for
roads, cities, buildings and other
similar purposes we can pasture
It with livestock; we can cultivate
It with crops or we can grow trees
on it. Wbta such land is not used
for one of these three purposes, it
is idle property on which some one
must pay taxes at a loss," says R.
W. Oraeber, extension fan ester at
State College. * "At the present
time. North Carolina has 1,500,900
acres of idle farm land and about
four million acres of cut over,
burned forest and waste lands. All
of these acres can be made to pro
duce."
1 Mr. Oraeber suggests that these
acres be put to woodlands which
'.will be a savings bank for the farm
er to realise on in future years.
Small trees or ?for hand
planting a forest may be had from
the State Forest Nursery for as lit
tle as t3 per thousand. These'
seedlings may be obtained by any
landowner In -the state and the
late winter and early spring is the
best time tor planting audi trees.
1 Many of the waste acres now
found all over the State might be
put to profitable use in this way,
he says. When trees an planted,
the idle land la marts to work for
the issuer instead of against him.
Mr. Oraeber wOl be gfed to assist
fny fanner in planning a farm far
eat. The county agents of the
State College extension service can
the best methods of planting these
yowng trees and once a stand of
nod trees is sacwrad on an acre,
ths^vrtroie^jujeage will soon be
toeeDent farm tents in the State
that wen started by
several years ago and then forests
are now playing the tans on this
ANIMALS ON FARMf
A PERMANENT NEH)
i
UVirrOCK QROWINO AND DAWV
INQ A FIXTURE IN iOUTH^
By Roland Tumor,
Oonoral Agricultural Ageat,
Southern Hallway Syotam.
ATLANTA. OA.?Throughout tha
fa central and lower South eapadally
la 1t frequently (aid by many Inter
ested la tho advancement of agrlcul
turo that la perloda of high priced cot
ton Interact In Hrootoch farailag
waaaa Bp the hum token the bay
ing la common daring perloda of low
priced cotton that llreatock (arming
will grow la favor. Thla paychoiogy
may hare beea a factor la the matter
of developing a permanent Uveatoek
producing lndnatry In connection with
farming In thla section. The fact may
be, however, that the floetnatloe In
Intereet In Uveatoek ralalng la not
no great and that the effeeta upon the
Intereet of the aoatherm til mar la
Uveatoek ot a rlalng or a falling cot
ton market are not ao great aa the
common expreaalona would load one
to auapecL
It moat be remembered that farm
era in much of the South have, la
recent tlmee, devoted all of their
thought, practically (peeking, to the
production of crope. Especially haa
thla been true atnee tranaportatloa
was developed and mada available for
the movement of farm commoditi' i
moot common to the South.
r?W I.HHUBK WVfH,
I
During the most Important period ol
growth of southern agriculture, eepe
dally la the central and lower south. ,
relatively few livestock were kept and .
mainly the livestock on farms was ,
limited to the necessary work stock ,
and a cow for producing the family's
milk and hatter requirements. Of '
course, a few poultry were kept,
though the production of poultry and
eggs rarerty exceeded the family's
need and never anything like fully
supplied the demand in the local
towns and cities.
Livestock, therefore, as an Import
ant feature or phase of farm produo- 1
tion was, until comparatively recent- 1
ly, practically unknown la the best
developed farming sections of the cen
tral and lower South. This sectioa.
therefore, has been aad Is yet la need ]
of education along the Unas of the
Value of livestock raising In conn so- |
tion with crop-making Particularly '
Is this true With respect to the ad- .
vantages from the standpoint of en
riching farm lands, marketing grain I
and forage most economically, reduc
ing production costs through better In- (
bor distribution and radndag living
costs for the people on the farm. If
livestock production Is given a prom- '
lnent place In the farming program. .
The underlying principles In live
stock production and the value if live
stock In say farming program era be
ing studied and hnvo boon given con
sideration in recant yuan as evidenced ,
by the extent to which livestock farm
ing la already carried so upon south
?rn farms.
Om simple thins which soothers
faimsis do not seem to appreciate
with respect to the Carmine bssiaess
Is that profitable and satisfying eao
cesa cannot be realltsd from poor,
worn oat, eroded lands Only rich
lands can be sni iiasahril/ and profit
ably farmed. Lands, It is tree, amy
be enriched wlthont livestock and es
pecially Is that trae la the ?ooth.'bot
the difflcnlty in this connection is
that too few farmers will go aboat the
matter of so handling their lands as to
enrich them and maintain them in a
highly productive state without gash -
argent nsiiissllj as crista when the
a?'?t policy incladse Hregtoch and
thas calls for food which aasans a ro
tation of fields sad dtrandfisatkm of
crop production.
For Soil lisp r? asms at.
B any sonlhsrs farmer shall adept
the policy of oanyfap n (sir propor
ttooal amonnt 'of llretooch apos hto
farm and In oonnsetion with his farm
policy will IntldsntsWy i snail to the
ImproTsmsnt of his sofl and tho ghr
tag .0< his lands a greatly Increased
producing capacity tor whalsuiim ,
crops ha s^atoiU thereon.
?Mto ^ectoch""ln tewetiea 1
tho^ riwns ^to ^prtaa^ ha^Js
jf'telMtowdaoto Xearid n to '
beat nvmltohle market. We Idhn
that a aery greet yrepegtien at Om
at this ttoM hare lesltoid the edism
topee of mtad fanri? and ofjs tya
aopand Cham and Ant tho alhat ad
tha rtotopjprinsW cctton to intsij
tfcMn Bit eh of un far MOO
If>qu beard that you could (tt
7 buftSfif of com for *4. would
Upgrab the chance? Well, near
aaybe the North Carolina Bxten
ioa Service can tell you hoar (o
St ' Just thli aort of bargain.
4sten:~ ^
By atmlnc a bushel of lespedere
eed an an acre of wheat In early
prlng year before last, B. C. Jeffries
?f Alamance County, N. C., Increas
id his yield 17- bushels per acre,
rhgjmed cost $M0 per acre and the
ahnr SO DtT iCTC.
And If ytiu are Interested in fur
he? detail*, here they art:?
The test was made on sandy soil,
ust good average land, in the
iprlng of 1937. After the wheat
vas cut, the lespedesa occupied
he land until frost, the remain
ler of the field being allowed to
itand fallow. In 193S, this entire
leld was planted to corn. Both
he acre that grew lespedesa and
he part that didn't received 200
pounds per acre of a 2-8-3 fertilis
er and there was no differehoe-'ln
toil preparation or cultivatlbn. ''
Mr. Jeffries got 16 bushels of corn
per acre on land without lespedesa
md 33 bushels per acre on, lapd
sith lespedesa?the extra 17 bush
els costing $4 as just liyiicated.
And what lespedesa did for Mr.
Jeffries It will do for thousand?K>(
jthers if they will'only give It,a
ch&ncc.
A garden throughout the year with
a surplus pf vegetables to sell Is
the plan to be followed by, home
demonstration club women of
Oaston county this year.'
Forty-one prises were won by
43 chickens grown and raised by
4-H club members of Catawba
county at' the redfent Madison
Square Garden Poultry Show.
NOTICE
Sale oi Real Estate.
Under the power of sale con
tained in a mortgage deed siren
by i. C_ Fouet and wife, Beesie.
Foust, to the und&raigned on
February 10, lttjifr which said
mortgage deed ? recorded hfc
Book Ne: 99 at page No. 509 in
the Office. of the Register of
Deeds fdt Alamance county, N.
D., default having been made
in the payment of the indebted
ness secured thereby, the under
signed will offer for sale at
auction on
THURSDAY, FEB. 21, 1929,
at 12;00 o'c ock noon at the
courthotise door in Graham,
North Carolina, to the higeest
ladder for cash the following
described real estate: ^
A tract of land in the Town
of Graham, Alamance County,
North Cared ins, and being lets
No. 12,13,14 and 15 of Block "A"
of the Walker property as plat
ted by plot for which
is recorded in the office of the
Register of Deeds for Alamance
County, N. C. in Plat Book No.
2 at page 14.
This the 19th day of January
1929.
J. R. GUTHRIE,
, Mortgagee.
Long dC Allen, Attys.
6 6 6 1
la ? PmertfUM fer ,
Colds, Orippo, Flu, Dsnfjus,
Bilious Fsror. snd Malaris.
It la Mt nni| n?l<) tawra. I
EXECUTOR'S NOTICE
Mult 111 MM aa tbe Kxeeotor of Ik*
loo wlU and iwumI of Wm. A. Hoik at*
Um MrtriNjml. oi or before Joa. lot. HIO,
artUanoUaa will be p lobftriftMr
MOM to oU MUM ore
TSSS,S75^a5?JS!l--v
1 J, THONPSOH. BnWr
?aitibctoo. n.c.
ChaNd Miiliti Mask*?For aala
at Thb Olkaxkk office
IfagktataB* BMC?State Warranto,
civil tasM, Traaarripta of
JadfSH. for Mia at Tn
OUUB ????, Ormkaaa
ad leys
JKe
tJeWelers
NOTICE.
Tr^sjale oi Keal
? * ?* 7*'
s *fli* ~f
Under and by virtue of the
power of sale contained in a
certain mortgage deed of trust
executed by Buffin B Brodie,
M. B. Tyson, Win. Williamson,
G. B. Haxel, Jerry 8ellars,
Arthur Banks, W. T. Holt,
John Pinnix, Trustees and S. G.
Tompkins, Trustee and Pastor
of St. Matthew's A. M. ?.
Church, of Burlington, N. C,
to the undersigned E. S. W.
Dameron, as Trustee, on April
14th, 1928, for the purpose of
securing one certain note de
scribed therein, which deed of
trust is recorded in the Pubfio
Registry of Alamance county.
North Carolina, in Book "No.
109 hf Mortgage Deeds, pages
383-384-385, default having
been made in the payment of
safd note at maturity, and the
interest thereon, tfie undersign
ed Trustee will offer for sa]e at
public auction to the highest
bidder for cash at the courthouse
door of Alpmance County, in
Graham, N. C., on
MONDAY. FEB. 4, 1929,
at 19 o'clock, noon, the follow
ing describedproperty, to-wit:
A certain tract or parcel of
land, lying and being in the
City of Burlington, Burlington
Township, Alamance County,
North Carolina, adjoining the
lands of A. F. Barret heirs,
Morehead Street and others,
and more particularly bounded
and described as follows:
Beginning at an iron stake
on north side of Morehead St.
120 ft. from the intersection of
Spring St with. said Morehead
St; running thecce N 55 deg E
118 ft 5 in to an iron pipe;
thence S 35 deg E 138 ft 9 in
to an iron stake; thence S 55
deg W. 118 ft 9 in to. an iron
stake on the north side of said
Morehead St; thence with the
said Morehead St N 35 deg W
138 ft 9 -in to the heginning
upon which property are locat
ed the church building proper
and the parsonage of St Mat
thew's A. M. E. Church. By
this deed it is intended to convey
all the land owned by the said
church in the said City of Bur
lington, N. C.. including the
land conveyed to the said
church by Geo. Freetand and
his wife, - Emma Freelarad, by
deed dated March 28, 1883 and'
recorded in Book of Deeds * No
8, at page 556; also the land
conveyed to said church,
through its Trustees, by A. B.
Bray and C. A, Bray and his
wife. M. E. Bray, by deed dated
September 30,1895, and record
ed in Book of. Deeds "No 17, at
page 513; .in the Office of the
Register of Deeds for Alamance
Cyunty; also the land conveyed
to said church, through its
Trustees, by W. A. Erwin and
wife, S. L. Erwin. by deed
dated April 29,4904, and record
ed in Book of Deeds No 36, at
page 547.
This sale is made subject to
confirmation ol court and will
be held open for ten days after
sale for the receipt of increased
bids as provided by law.
This 24th day of December,
19281
E. & W. DAMERON
Trustee.
EXECUTOR'S NOTICE.
RtTtai qualified M tnculot of Ibe M
UUtc of the law Mary A. Pike, fieceeeed
of Alamaaoe County, State of Koefk Caro
lina. ttalala to noil 17 all mini Oaring
datma walnat aaM eat ate to prearat Wam
dulT aatfienUealed to the node rata nan oo ur
before the fill ear of luaan, MM,
notion will be pleZfied la bar of Weir meor
*Tll peraooe Indebted to aaM aatate art
reqaeektd to make prompt aettU meat.
,4*?*^wlSsOUf?. Sxae'r
a. P. D. NoA ubartr. Mil
J BotpkLoas, AU-y. Ififit
ADMINISTRATRIX'S NOTICE.
jsfs,%
Baa.tawbdow tjwmdey^of Jaa-.^Kor
"aJI j'a ? aeat la In It I w aaM rotate rIH
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CASTOR1A
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la Um For Over-30 V?ar?