Newspapers / The Franklin Times (Louisburg, … / June 22, 1934, edition 1 / Page 2
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Franklin County A trtal * mt M?nl Xorth CvoUu. fraa lot >. lMt. to May 1. 1?M. MMHiM U Lb* hia Cti<H id?tilw? ot tu* IHOW. or MJ per cent to i* ?<ft of cut or Mi im nrknmft 1m i?M%ntri? t her Ml Of the loaa MKT mat* by tar ?ir? la FruUli Ooat; tar re ?M?rtU tUi debu. aboat |7J, 2N. fc wu ??t feted. null their Mu to bu.U. tl.Mt. their S14.M4. lUr uia; S1.?M. their Mu to wrduu; tM.fM, their Mu to "other*." or eredl ton Bat w|ii?iWT rl? llrf. h cMlif yrtrste Bertfxt leaden, ?toncace loaa enmpaairm. retired Xamen u4 uij others to whoa iarmtn were ia Ml A total of a boat I UM at touu in the tout; was aaed to* pgrjotta other thaa the refiaaac iK of borrower! Mu Of thi* Mm. was aaed tor tie pa rchaae of land aad efiifattt. the construction or laproftwti of balMiacs. aad for general ag riemltaral aa?a. Including tbe pro vision of capital, while J1.4M. the balance, wu aaed for the par chase of stock la national fane loaa associations, for loaa fen, ?te. Ttroagbout the Tailed Scale* approximate^ |?T i. !*/*?++ of land baak aad Commissioner's lout were made from Jaae 1. IMS. to Mar 1. ltt*. Moat of these lua were made to ret nanee debt* resaluag from tie kmc period of low farm income Generailr lamtn par ooaaider ahOr lea* iat?re*t each rear oa the mew thaa oa the old Inaaa. La aa ha air Inaaa msd* throafb aatxm aJ farm kaa ***<nntkia? ea rrr aa interest rare of ? per cent, bat there 1* a red actios to tbk per eent aatll J air. lilt. Loaa* made direct br baak* carry a rale of Sfe per eeat. bat there is a re tfactloa to 6 per eeat aatll 1*31. The rate on Commissioner'* loan* la t per eeat. >B?laat these rates larmera la most caaea had beea pariag from t per eeat to t per eeat. bat oa aameroas loana iher bad beea paring * per cent. 1* per eeat, and e?ea above 1* per eeat. Until March 2< the land baak aad Coamiaaioaer* loan* wer< made ia sash. Commencing on that date ther were a*4< malal j ia the government - guaranteed bonds of the Federal Farm Mort gage Corporation These bonds are exempt from all Federal, state, muaicipal and local taxation, ex cept surtaxes, estate, inheritance and gift taxes. Ther are guaran teed fnllr as to principal and in terest br the United States gov ernment la a relatively short period after ther were issued, ther sold above par aad had met a favorable reception from farm ers and their creditors all over the United States. With the aae of these bonds, the refinancing program Is going forward rapidlr Adjust Farm Debts Raleigh, N C.. Jane 1*. ? Un der the direction of the North Carolina Farm debt Adjustment rommiulon a corps of five work er* will be organized In each county at once to effect agree menta between farmers and their creditors thereby clearing the way for refinancing farm debts through the Federal Land bank of Colombia and relieving a sit uation that heavily oppresses many farmers of- this stale. The commission named by Gov ernor J. C. B. Ehringhaua to head up the work In this state ia familiar with the plight of the mortgage-burdened farmer and of bis creditor. Lionel Well, of Oreensboro, elected chairman ?t Its Initial meeting. Is a farmer and a merchant. Former Lieut enant Governor It A. Doughton, of Sparta, vice chairman. Is a lawyer and farmer. Other mem bers of the commission are J. L. Skinner, of Littleton, president of the County Commissioners As aoclation; Millard F. Jones, of Rocky Mount, president of the State Bankers Association; H. A. Mlllls, of High Point, manufac tarer; Julian Price, of Greens boro. Insurance company execu tive; M. O. Blount, of Method, and J. Allen Taylor of Wilming ton. Dr. O. W. Forster, flute Col lege agricultural economist, has keen named as secretary of the commission. He will begin at once to assemble the corps of worker* needed for each county to carry on the work. These workers will be 'asked to serve without pay In bringing together debtors and creditors. Since Federal land bank loans Ire aade for only 10 per cent of tfee appraised valae of farms aad loans of the land bank com missioner for only 71 per cent, there are many Instances where iheir I tunjjy life. (!) pattiac of : A state-wide ?|?lp will be tralKtrf to aeqaalat the firm er* aad their creditor* with the purposes aad benefits of the debt taa. to W. Kerr Scott, of the Bute Graoce i a repreaeetative of the Farm Credit Admiaistratioa. who is derelopiac the work of the aroud *? or >? per ceat of the total o?tstaadiax mortp^e In debted mm ia North Carolina ia ?abject to the work of the Farm Debt Adji Reduction In Ford Prices Detroit, Kick.. Jane It. ? Re daction* of tl<. to tit. i> lilt price* of 1114 Ford V-t puan ger ear* and lift, to tZO. In list price* of Ford V-t commercial cart and tracks were announced last week by the Ford Motor Company elective Friday, Jane It. Ford price* had remained on changed since the Introduction of the 1114 Ford V-t last December, the Ford Motor Company not having participated In the re cent general automotive price Increase. The reductions announ ced are, therefore, a decrease In the' original price*. The price reduction on the standard and de .luxe Tudor Se dans. moat popular Individual models In point of sale*. Is tit. Price* of other standard and de laze body type* were reduced 110. except price* of the Roadster, Phaeton and Cabriolet, de luxe type*, which remain unchacged Both standard and de luxe pas senger cars have the same V-t engine and 112 inch wheelbase chassis. Body types for both are identical except for the de luxe equipment. Sometime* It take* a little knocking to drive home a point. _ fnei b*dRice Coda lighi,wbtte?nd flaky Reduces From 186 To 120 Pounds FEELS TINE "I am n*ing K ranch in Malt* not only for rednrlng hot for IU ben eficial effect*. It knf? the whole body In condition. I hare been taking Kraarhen for one j rear, my weight waa IM Iha. I bow weigh ISM) lb*. I recommend It to all my friend*." Ml** Fierier Medio. YOU, too, can achieve the youthfully (lender line* yon want ? yon, too, can SAFELY take off unhealthy, beauty-robbing fat ? Kim ply take a half tea*poonfnl of Kruachen Bait* In a glana of warm water every morning. Than watch fat go? notice bow yon feel more ?nergetlc ? stronger ? healthier ? complexion clearer ? eye brighter. One bottle laat 4 week* Yon can get Krnachan Bait* at any drug *tore In tba world. I ft., ||_fi_nj TcmImv Poorly Paid pie tat m t? kaow (tat tka tkt people at tkt nun President's Son Drives Ford V-8 j 7 "A 2 - * " "If yon Aemt pay a OemOom. nor* of thta kW of thin* wfll ?W. Ton ra'i have rcod pibUc i'iBi lila nlM to* are kci yon vfD get what la eoniif JO yon. Women ahould think for ui bnr what they Idle root Is a great knr baitr. A mam who starts oat ia life ta hit the hich spots ereataally has to go iato low gear. IE ARE MAKING PROGRESS Things are happening faSt these days and to keep posted one nut read. Nothing can take the place of a good, reliable daily newspaper. Too cannot, in this state nor in the south, sub scribe to a newspaper that will give you more Complete satisfaction than the (JKEKN8B0HO DAILY NEWS. In every department it is complete ? editorial, sports, market quotations and reviews, news of local and world-wide interest, all the features and the best comics ? everything packed within its pages, easily located and easily read. Carrier delivery service almost everywhere in the state at 20c per week. - Mail subscription rates, payable in advance in three, six, nine, or twelve months: Daily and Sunday $9.00 per year Daily only $7.00 per year Circulation Dept., GREENSBORO DAILY NEWS Greensboro, N. C. wither car r 95 or 60 the new Ford V-8 is just loafing along. It will do 80 or better. It will oat -accelerate many a car costing a good deal more. This tremendous reserve power means . greater safety. It means that die Ford V-8 has the ability to whisk you oat of tight places on hill or highway. The new Ford V-8 has an unusually low center of gravity. It holdi the road. There's safety, too, in the Ford V-8's great braking surface per poand of weight. Yoa stop smoothly, sorely ? as quickly as you wish. And you really relax in the comfort of Ford V-8 free action on all fomr wheels ? for you know that beneath 70a is the price less safety of strong axle construction. Ford V-8 safety features are endless. They include a welded all-steel body . . . double drop X-type frame . . . transverse spring suspension ... a torque-tube drive such as racing cars rely upon for controllability .'. . welded steel spoke wheels . ; ; and literally dozens of others. Before you buy any car at amy price, drive the new Ford V-8. Discover the perfect merger of performance with safety. AUTHORIZED FORD DEALERS at^z^pnce ' $505 W ? F. o. B. Detroit. Essj Urms tbnmgb Umittnal Crwdst Ctmpamy ? t Fein RADIO PROGRAM ? with Waring*! Peonsylrsniaoc Fand Pimame* Plan, it Network. ( The Ford V-8 offer* you decided advantages of Safety Glass; A feature of doable importance to ereryooe who boys a car for family use. 9 The Ford V -8 has welded steel (poke wheels. Each wheel ii actually strong enough to lastain the weight of ten Ford V-8 cars. That's real safety! ? Free action for mil fur wheel*? with the priceless dependability of rtrong axle construction. This means exceptional riding eaie with proved safety. ? There if added safety in the unusually great braking surface per pound of weight offered you by the Ford V-s. You atop smoothly, surely? and fawc ify.
The Franklin Times (Louisburg, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
June 22, 1934, edition 1
2
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