Newspapers / The Franklin Times (Louisburg, … / Jan. 14, 1938, edition 1 / Page 3
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Washington, Jan. 11. ? The lack of cooperation between Congress and the Administration is not al together a matter of antagonism to the President, though more and pore of that feeling tinds expres sion on Captltol Hill. There are a hundred or more bureau chiefs, heads of special "administrations" and the like who have ideas and projects of their own which they are benti upon putting into effect, and the air of Washington is full of whispers and gossip about "What the Administration is go ing to do,", which are based upon the schemes of these bright young men. Nobody is ever sure, how ever, that they will not "sell" the President) on these ideas, as many of them have done in the past. The result is that Congress has no guide as to what the executive really wants done. There is much actual antagon ism toward the bevy of "planners" surrounding the President) than there is toward Mr. Roosevelt himself. To Pigh Food Monopolies j One of the items of gossip now in circulation is that Administra tion planners are working on a nation-wide program for govern ment-sponsored consumer cooper atives. The idea is that t>hese would be an effective weapon against the growth of food mo noplies. The rumor sounds plaus ible because of the recent reversal of Administration policies in re gard to consumer prices. In the beginning of the New Deal the emphasis was all upon higher prices. Now the Administration has become low-price conscious. It is no secret that a group of Administration planners are work ing on a Labor program which is designed to abolish the present system of paying wages on an hourly basis and substitute a year ly pay schedule, with longer hours of labor in rush seasons and shorter hours in slack times. The ideal of giving every worker a living annual income has not met with enthusiastic response in Labor circles. Leaders in the buil ding trade unions who have been approached refuse to listen to any suggestion of anything which looks like a wage reduction, even with a Government guarantee of an annual income of $2,500 or more, which is the figure being talked abont. Fear Political Power of Labor That there has been a decided shift in the Administration's atti tude toward Organized Labor is generally understood. The failure of the A. F. of L. and the C. I. O. to get together and bury the hat chet has opened the eyes of some Administration idealists to the realization, that political power rather than the welfare of the workers plays a dominant part in the plans and ambitions of many Labor leaders. The White House is reported to be somewhat disturbed by the ru mor, widely circulated and gener ally believed, that the American Labor Party, which is dominated by the C. I. O., is grooming May or LaGuardia of New York for its Presidential candidate in 1940. In the 1936 election the Labor Party indorsed Mr. Roosevelt. The economic crisis and the growth of Labor sentiment have combined, it is reported here, to impel the National Association of Manufacturers to start to work on a new code of business ethics, which will stress the social res ponsibility of industry. This is regarded as a move toward head ing off another N. R. A. Loans to Small Business? Another item of gossip is that plans are being worked out for a system of Federal loans to small business and Industries. These would be in the nature of addi tional capital supplied by the Gov ernment on either long-term bonds or for the purchase of pre ferred stock, to enable industrial concerns to improve their plants and reduce their manufacturing costs. The primary excuse for this plan is that it would enable its beneficiaries to keep more men at work. Increasing unemployment as a result of the current business slack is giving the Administration great concern. It it estimated that 360,000 more workers will have to be taken care of by W. P. A. this Winter. That will necessi tate further appropriations for relief. Fears are being expressed that the Unemployment Insurance Fund, toward which the Govern ment has been 'collecting payroll taxes for the past year, will not) be large enough to take care of all the workers entitled to bene fits under the Social Security Act. Since beneficiaries of Unemploy ment Insurance are not qualified for relief payments or W. P. A. employments, this might result in much undeserved distress and lead to strong demands (or increasing the Unemployment payroll tax and the weekly benefits paid un der the law. Mori' Forecast* for 111.18 There is a good deal of talk go ing oil about suspending the tax leviep for Old Age benefits under the Social Security Act, pending a complete overhauling of the law. It seems doubtful that will be done, but it is regarded as proba ble that many changes will be made, especially in the provis ions for building iy> a huge re serve iu the shape of a Federal loan. While denying any warlike pur pose, the Army and the Navy are both working on plans for greatt ly increased expenditure*? The outlook for the ordinary consumer has been summarized by the Bureau of Agricultural Economics, which forecasts high er prices for fuel, shoes, furni ture. house furnishings and rents for 1938, but with meats and oth er foods, cotton and rayon cloth ing tending to somewhat lower ' prices. CLASS MEETING Miss Prances Griffin entertain ed the mmebers and friends of the Town girls class of the Louis burg Baptist Sunday School at her home Friday afternoon at 4 o'clock. The meeting was opened by tihe president, Miss Griffin, with the song, devotional and sentence prayers. A recipe on a Happy New Year was given. The roll call and minutes were read by the secretary, Elsie Hudson. After the business session, we were delighted to have with us for the afternoon, Mr. M. O. Alex ander who is holding a Steward ship Conference at the church this week, speak to us, and we are assured that we have been fully blessed, and hope to make this new year one of the greatest in our lives, after hearing Mr. Alexander's heart-Btirring mes *saage. The hostess, assisted by her motiher, Mrs. B. N. Griffin, served delicious refreshments to those present and the following visi tors: Mrs. R. H. Strickland and Mr. M. O. Alexander. Three 4-H club members, C. L., Frank and Dorothy Fleming, of Yadkin County, have purchased and set 100 black walnut seed lings as a club project. Watch Your Kidneys/ Hajp Them Cleanse the Blood of Harmful Body Waste Year kMim en constantly Oltarlaf matter from the blood atream. Bel Iddneyi nMIn Im la IM> work? de not set a* Nature Intended ? (mil te re move ImpurNce Oat, if nutated, au gojeeajjhoayrtan end apeet tke iMt . . one Bar be naning I pentatant headache, attach el i . *?"*?? ?P puiBneae under t he ayes a feeilag at aarvoua anxiety aad loaa of pap end atreegth. Other eigne of kidney or biaddar die order may be burning, ecaaty or tee frequent urination. There ahould be no doubt that prompt treatment la wiaar than neglect- Die Dean's Pith. Deea'e have bean winning new frienda tor mere then forty year*. They have a nation-wide reputation. kn recommended by grateful people the country over. Xd pear e?<yUort Doans Pills ******** * WHAT'S WHAT * * ABOUT * * SOCIAL SECURITY * ******** QUESTION: How much does the Social Security Board charge for filing a claim? ANSWER: The Social Security Board does not charge for filing claims. If you feel that there is money due you under the old-age Insurance provisions of the Social Security Act, consult your near est Social Security Board Field Office, where yiou will receive every assistance at no cost to you. QUESTION: Where should I ap ply for unemployment compensa tion? ANSWER: You should appl; at the unemployment compensation commission in your State if you think you are entitled to unem ployment compensation benefits now. All the States in this Region,! which comprises the District of j Columbia, Maryland, North Caro lina, Virginia, and West Virginia,1 will begin paytng benefits under their respective State unemploy Iment compensation laws in Jan uary this year. / ? ? ? QUESTION: I am 65 years of age and have just lost my job. Can I draw any unemployment compensation benefits in North Carolina? ANSWER: The fact that you are 65 years of age does not con- 1 stitute a factor in determining whether you .are entitled to re ceive unemployment compensation benefits. Before a person can re ceive unemployment compensation benefits it is necessary that' he register with the State employ ment service. If. after waiting a certain period of time, depeuding upon the State law, he is unable to get another Job. he is entitled to unemployment compensation benefits, providing his employ ment was covered by the State law. QUESTION: I go to sclieoU in the daytime and clerk in a drug store during the evenings, and get paid wages. Should I get a Social Security account- number and re port it to my employer? ANSWER: You 'should. Part time employment is not excepted from the provisions of the Social Security Act. Your employer should deduct one percent of your wages when and as paid and pay one percent himself to the Bureau of Internal Revenue. Subscribe to The Franklin Timet 1 A number of small commercial orchards are being started in I Bladen County this wnter. When y^tr-jfcgln to think the ' world is against you, t>he chances! are the world has found you out. | Another way to encourage home luilding is to reduce the taxes on ;hem. ? ? ? DISSOLUTION This is to give notice to the public that the old firm of Meadows & Harrisfeonducted by Sam S. Meadows and Grover C. Harris has been dis solved by mutual consent; and I have leased the Southside Warehouse where 1 have a full supply of all brands of fertilizers that 1 will sell for cash or credit. When in need of fertilizer for any purpose come to see your old friend, j '? ? SAM S. MEADOWS Condensed Statement 6 First-Citizens Bank & Trust Company At the Close of Business December 31, 1937 < RESOURCES Cash on Hand and Due from Banks $ 7,077,687.54 U. S. Government Securities 2, 096, 275.00 State Bonds 3,761.500.00 Municipal Bonds 3,156,646.43 Federal Land Bank and Other Marketable Securities . . . 1,502,387.16 $10,516,808.59 Less: Reserve 315,716.47 10,201,092.12 Accrued Interest on Bonds s 110,627.44 Loans Secured by Marketable Collateral 1,401,638.52 Other Loans and Discounts 2,184,636.76 3,586,275.28 Banking Houses, Furniture and Fixtures 305,252.79 Less: Reserve a|c Depreciation 35,154.44 270,098.35 Other Assets . .r. .... . 34,702.61 $21,280,483.34 LIABILITIES Capital Stock: Preferred $ 495,000.00 Common 267.650.00 Surplus 500,000.00 Undivided Profits 178,514.40 Reserve a|c: Preferred Stock Retirement Fund 95,000.00 Reserve a|c : Accrued and Unearned _ Interest, Taxes, Etc. 317,246.50 DEPOSITS r . ... . '. $ 19,427,072.35 $21,280,483.34 FIRST - CITIZENS BANK AND TRUST COMPANY Corner Main and Nash Streets LOUISBURG, N. C. ? Banking Hours: 9:00 A. M. to 2:00 P. M. THE HOUSE OF HAZARDS ^TUT.TUr DAD, NO SMOKING IN HERE' ? SAY, IT LOOKS LIKE A WEDDIN6 SOON IN THIS FAMILY-- OUR DAUGHTER'S CRAZY TO 6ET] MARRIED. YEA, I W?, \TOO UNCLE NATCHEL AND SONNY I WELL SONNY, IT SHO AM A ' NATCHEL PAY FO' FISHIN' POWN heah'at pe crick , YOU BET IT IS UNCLE NATCHEL... OH' THERE, GOES A BUM8LE" BEE ..I'll GET IT FOR BAIT' ft LOOK OUT FO HIS ' STINGEREE SONNY, ELSE ' YO' SHO' NUFF GIT STUNG? By MAO ARTHUR SJ <0 > WERE Y O'J, (t dm? o j YEA -SOMETIMES, I THINK, TOTALLY INSANE//] THEY GO FISHIN' OLE MAMMY NATCHUH GIVE HIM A STINGER TO PROTEC' HISSEF AN PAT PE REASON YO GOTTA BE CA'RJL YO' POAN GIT STUNG WHEN YO KETCH 'lM jgi WW WHY DO WE CATCH MORE FISH WITH REAL BAIT THAN WITH STORE BAIT UNCLE NATCHEL? CUZ PF FISH KNOW I PE BES THINGS IS PE NATCHEL THINGS I SONNY, OE NflTCNEL J I things!
The Franklin Times (Louisburg, N.C.)
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Jan. 14, 1938, edition 1
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