THE FRANKLIN TIMES
Issued Every Friday
?10 Ooort S<?rt TelrphOM 283-1
A. P. JOHXSOJi, Editor ud Mu>(?r
SUBSCRIPTION KATES
Omm Ibm ....
B|hl M oaths 1JOO
Sta 1*
Fo mr MobUm .... -90
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Kortlp idmilataf Rrpmnmtn
AMERICAN PRESS ASSOCIATION
firm York Citj
Entered mt ibt PoMoffJce at lx>ni?bur^ ?. C. ?? -ftond
baH matter.
V
PRIVILEGED PARKING
To one who knows the jerking condition:- in Louis
burg and the efforts made, to relieve itk they would think
the following editorial taken from Saturday's News
Observer. leading out th?r names, was written for Louis
burg. It contains facts, straight from the shoulder,
which, unless we wish to remedy, we cannot hope to
better conditions. The conditions in Raleigh as found
by a disinterested oficial applies to Louisburit with
equal forw:
"Among the recommendations of Captain J. A. Lowfermilk of
the Greensboro police department who investigated ibe traffic
situation in Raleigh at-Tfce request of city authorities was the
abolition at privileged parkin? b is a recommendation which
is overdue. It should be perfectly obvious that business men
who join with governmental authorities in accepting^ special
privileges fo- ?????-? ?-e ;olnIng In a program to" make less -
space available for those who would like to do business in
Raleigh
t "There may be a few -ases where 'privileged parking' is Jus
tified. but never as a pr.vaege to one citizen which is not accord
led to another Xc specia: parking should be allowed except
where such pi.-kin; s essential to the public welfare. And the
rfile of the psbiif welfare should be strictly euforced The case
of the whole bk?ck t*'. aside for doctors tand used also by den- '
tistsi around O* Pr?I?N uUl Building is a pertinent one. It
any group mere x? a group to privileged parking, it
would s*?n. to fee tt>* doctors who sometimes have to answer
emergency Artaally however, at a normal cost there is
available to tx.* Ac.-tors is the Professional Building (as tiose
to them as the prrn>eg?d parking) plenty of parking space.
Granting t<see p.-.v..-ei~d pa: king does not serve the public wel
fare but donates to them the rent they would have to pay for
forking sp* ?
"Many business men who would have great difficulty in prov
ing that th<- privilege accorded tliern serves fhe public welfare
or anything else except their wish for personal convenience, have j
auch space ae? old' for them al*o Obviously that does not help
parking in Raleigh. Indeed, the result is that some of the lead
ing (itiwat who ought to be most effective in insisting on ade
quate parfrtmr mrnfatton have out of IfZtness allows themselvci
to be made the first barriers to adequate space for all.
' In a real sense privileged parking is ticket fixing in advance
It a?". cunts to lifting a privileged few out of the operatiou of '
the laws Which are supposed to apply to all. And so long as
leading < itixens wccept -uch favors and the city gives them snch
lava r? that equality essential to any snrce? fwl law en forcemeat j
is lost at the star. "
' OOP
PA EM EES CAN T DO IT ALL
. Fl*d S. tiriiaucr. president of the Dairymen I^airne ;
Cooperative Association, r?*<-?-iitly said this: "Farmer*
cannot rai#e <k?f?*n>e food at low prices in the face of
shortage of help ami risin:: co?te. Farmers should lie
patriotic, hut pa t riot i- in does not i-onsist of letting labor
leaders tie up munition*, arm- and snpply industries,
and expect to get continually higher wajres and shorter
hours."
Agriculture, in short, can't be expected to make all
sacrifices. They must Ik* shared by other /roups. If ?
general price level- continue to go up. due to higher
labor and other <-ost?. th** pri<-?* of farm-produced i
must follow tFe trend.
LET LABOR EMULATE INDUSTRY
Testifying before a Senate committee, I>*oii Hender
son, the Federal price administrator, said that he will
oppose further wave increase* of they force unjustified )
increases in commodity costs. He then praised Amer
ican industry for cooperating with his department in the
vital work of preventing inflation and holding down
priees.
Labor is taking a mighty short-sighted point of view
if it believes it can keep on getting higher and higher
wages without, in tlfe long run, producing price increas
es which will have a ruinous effect on the standard of
living of the great masses of the American people. What
really counts is a family's "real wages" ? that is, its
income judged by the light of what it will bnv. Today
labor's "real wages" the highest in its history. |
Strikes and lockouts which result from unjustified and j
unfair demands on the part of labor must eventually
force "real wages" down by inflating prices., >
American industry, as Mr. Henderson said, is doing a
fine job on behalf of the public. Retail industry, led by
the chain stores and by the organized independents, is
providing an especially noteworthy example of this.
These stores have publicly pledged themselves to fight
profiteering, to discourage speculation, to keep the pub
lic informed as to true conditions, to oppose "hysteri
cal" buying, and to do everything else in their power to
prevent price rises. Retail industry, in other words, is
* not trying to cash in on the emergency. And that is one
of the main reasons why price increases have so far been
moderate, despite the inflationary tendencies that any
such extraordinary efforts as the arms drive produce.
Labor, if it is interested in its own welfare, to say
nothing of the nation's welfare and security, would do
well to take a page from industry's book. Some of la
bor's best friends have said time and again that there
1b no legitimate excuse for most of the recent strikes
which have delayed production of essential supplies. It
is to be hoped that Mr. Henderson's far-sighted point of
via* finds its reflection in other high governmental
OUR DEMOCRACY ? ? byMat
iwi mr ? MM ?? I H ? II II M( "
IN THE GREAT LAKES ALONE
IS ONE HALF OFTHP
FRESH WATER SOW-V
OF THE ENTIRE WOULD. J
LAKE.*IVE*,STKJEAM? AMERJCA is BCESSED
WITH PR?SH WATER..
= ' ? ? KIM
UNEQUALLED SUPPLY
OF FRESH WATER.
FOR. INDUSTRIAL ?
AND DOMESTIC USE. U
SOME 3000
POWER PLANTS
CHUNKING WATER.
AND CITY WATER.
NOW SYNONYMOUS
IRRIGATION
INCREASING STEADILY
- EFFICIENT RIVER
AND LAKE DOCKS.
(?tate, county, ano municipal pumping station
WATER SYSTEMS, FILTRATION PLANTS , DOCKS ]
AU. OVER THE COUNTRY-ARE BUILT BY BONOS AND
THE AVERAGE FAMILY HAS MONEY IN THEM, ?
THROUGH INSURANCE AND SAVINGS FUNDS.
CONGRESS MUST NOT FAIL
Congress Is now working on a measure which wi
have much to <Jo with determing the future welfare ?
every citizen of this country ? ami of the country itsel
That measure is the new tax bill.
This hill. the New York Times points out iu a fill
editorial, "11111st not merely raise a large amount of re\
eiltie. ll must raise that revenue in such a way as t
safeguard our economy from the juice dislocations ii
herent in a rearmament program. ...
"Iu the case of individual income t?xes, ?he desire
objectives ?all for higher rates and a broadening of tli
tax base so a> to include a large number \>f those eit
zens, now exempt, who will receive a major jmrtion <
the governments increased contribution Xh purchusiii
power through higher wages ami increased employ men
. . . . . TTii the -core of excess profits tuxes the mai
question is to <levi>e u ba>i> ul' taxation that will real I
hit excess profits and not those normal profits, alrea<l
subject to large taxes, which are essential to the pro|?
a single formula for. calculating excess profits, base
011 average rate of return oil invested capital, would W
accomplish this."
In any time, the power to tax is the power to destro;
In these ilisordered times, that power, if niisusc<l, ca
l>e infinitely more destructive. If we tax the profit 01
of business, it will mean, in the loug run, that we ta
business out of business. It will mean (hat industry wi
no longer have the financial nourishment which is essei
tial to keeping it alive. It will mean, therefore, a collap>
of our productive capacity.
Congress' job is to raise the revenue we need witlioi
endangering the very life of productive industry. C'oi
gress must not fail.
?|>Q
CUSHION FOR THE FUTURE -
."Saving now begin* l" Hp|>ear as a super factor ?
safety," wrote Paul F. Cailman, Economist of the Amei
iean Bankers Association, recently. "In every instant
it comes about eitlier through abstinence or sacrifice c
the willingness to conserve. It call for a coi
scious,and moral effort on the part of the owners an
custodians of wealth. The process of saving. .... wi
store up purchasing power against the day when defend
will have been completed, |>eace declared, and a new l<
pression.will have fallen."
It is to the credit of the banker* of thjs country tlu
they fully realize this. That realisation is back of ihei
current efforts to encourage the public to buy as larj!
atquantity of the new defense stamps and bonds as pot
sible. These- securities, which are fully guaranteed b
the United States Government, offer the citizen th
opportunity to do his individual part to finance defens<
They offer him at the same time the opportunity to plac
what earnings and capital he can spare into an invesi
ment which provides the highest attainable degree c
safety. And they offer him the chance to build up
cushion against the possible economic shocks of tli
unpredictable future.
Plans, highly theoretical for the most part, have a
ready been laid for preventing depression when the war
end. But, if the lessons 'of the past have any bearin
whatever on the present, the coming of peaoe will brin
with it tremendous economic dislocations and problem
of one kind or another. The money we are able to stor
up now will come in mighty handy then. The banki
in cooperation with the Federal Treasury, are doing
job that has to be done.
ooo v
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? 0O0
Times Advertising Pays
? r V# \ ' 'hi? ?- '
paints
WELDON L. BAKKK
Well known theatre artist, of
Ktnston: who will complete this
week the complete redecoration
of the front of the Louisburg
Theatre.
MANY LOANS
N'urtli Carolina Banks Make ]
2.VYOOO Loans Tola ling *330,
OOO.UOO In Last Half of 1040
/ ; ?
Forty-two per cent of t-he
hanks iu North Carolina made
more than 255. 000 loans totaling
S336.0ii0.000 to business firms
and individuals throughout th?*
state during the second half of
1940. according to the semi-an
nual survey of hank lending ac
tivity made by the Research Coun
cil of the American Bankers As
sociation.
The A.B.A. loan survey was
participated in by 80 North Caro
lina banks, oi 42 pel cent of the
191 banks in the state.
These 8" banks reported that I
they -made between July 1 and]
December 31. 1940:
118. *14 new loans
totaling 8114. 706. 007
1H.M4 renewals of
loans totaling 215.993.442 |
3.901 new mortgage
loans totaling 5.393.994 I
255.359 8336.093.443 1
The survey showed that busi
~ness:flrma in the stale uwo only
lialf of the "confirmed open lines
of credit" maintained for their
use on the book* of liiukj. A to
tal of 21 banks in l4|e larger cen
ters of the state reported that
4 hey rarrted on their hooks 815.= f
'?42,800 In "open lines of credit"
offered to and kept available for
regular borrtvrwt for use at
needed li> them Of this amount
I7.077.0C2. or 47 per cent was
used.
The average number of new
loirns made per bank during (be
six months period under review
was 1.481 and the average aiie
of loan war $968.
The average uumber of loan*
renewed per bank was 1 <42 and
the average renewal was for
$1,625.
The average number of new
mortgage loans made per bank
was 49 and the average new
mortgage made was for 81.383.
XV. (i. W ll.lt Kit
Franklin loll. ? W. C. Wilder.
It, died at hi* home early Wed
nesduy following a brief lllne**.
Survivor* are hi* ?Jft: a
daughter. Ml** Elizabeth Wilder;
a *on. William Avery Wilder;
four brorbers. R. L.. B. F., L. L,
and S. O. Wilder and three lis
ter*. Mix* Minna Wilder. Mrs. T.
J Wilder and tin. H. G. Jones.
Funeral services were held at
the home on Thursday at 3 p m .
with burial in Perry's Chapel
cemetery. The Rev. M. F. Scott
officiated.
? o -
MRS. KLLA O. STCRDIVAJrr
Mr*. Ella Gilliam Sturdivant,
66. died at the home of her son.
R. W. Sturdivant. of Castalla,
Route 1.
-- Surviving in addition to her
son are several grandchildren
Funeral services were held Wed
nesday at 3 o'clock at the Sturdi
vant home and burial was in the
family cemetery. The Rev. F. H.
Scoflield wa* In charge.
There* nothing In the world
so irritating a* a woman who'*
being unreasonable.
. \ T^wSS HS
ADS ARE NEWS
Fkfat^feBivTjp.
Willi Mf
'v . ! .??' . . j? ??
THE POCKETBOOK
of KNOWLEDGE
/HPvs-nry eepociD
pute HA1ARDS
too ylARS A60. lO&ti
in plamts iwsoeeD By
ouv tyncAL >v>*iM?iy
*VTR*6?C S5< flf*
ffoc roc*y
?nci mot *6* itss
v*?M
"I ^ <?
"THE
WASM1N6I&U
^nua^CMT iS
- TlPPCP
wrTH
plat/mum
THfy Ajup foe u* defense ...
? B ma JO# A/*c**rr
co****mes /hcmeasep
Tt/f/* *re?Kiy *f*/N6 whe
??A*lV 30 O PER CENT 'H
OAT VEA*
/V/V Un? y
#A/?.?a4/
"TRAFFIC OW W CAPtCOC
OKA*, i? RE6OU*nE0 By
. A TRAFFIC LI SWT
? _ _ mf5 ?jWOUfttOOT 1M6 iW^EP
<5UTTH ARE SERVED 0y ONE Ofi M0R* RAJ l ROAD
UNKRAI' HKLD SUNDAY
FOR A|A)\ZO Ki m . hits
Alonza Kittrell Rogers, 86
years old. and native of Granville
County, died at 7:30 o'clock Sat
urday evening at his home in
Huyesville township, Just over tfie
county line in Franklin County,
and funeral services were held at
Plank Chapel Methodist Qhurcil
Sunday afternoon at 5:30 o'clock,
with* interment in the church
cemetery.
The services ia vonrj;^ ot
Kev. j. P. Pegg. pastor of Un'-on
Chapel Methodist' Church, assist
ed by Rev. J. A. Martin, pastor
of Plank Chapel church. j
Mr. Rogers bad been a member
of I'nion Chaj>el Church for 75
years. He was a native of Gran
ville county, and was born Jan
uary 18. 1855. "tTe had lived at
his last residence 53 years.
Surviving are two sons. ? L.
and J. W. Rogers, of Kittrell. and
threw daughters. -MJsses -Maurice
Rogers and Mary Rogers, of Kit
trell. . and Mrs. R \V. Montgom
ery. of Washington. D. C. ; also
two brothers. Cecil and J. W
Rogers, both of Vance Count).
His wife has been d?*xi aoout
forty years. . 1
Mr. Rogers had eiiRr-iei: u far- 1
ming virtually all of his life. His
death followed an immediate ill
ness of eight days.
Active pallbearers were: Ber
ni? Rowland. Carl Young. Ray
Rowland. Egbert Kittrell. Walter
Rogers. Joe Rowland. ? Header
son Dispatch.
o ?
The 4-H Camp at' White Lake
has been recently improved. In
cluding re-wiring of the buildings
and repairing of the pier and
bleachers, reports "R. M. Williams,
assistant farm agent in _ Bladen
County.
- WHEAT
*K ARE NOW BUYING
WHEAT. M.V CASH.
- $1.00 -
IN TRADE, PER HI SHKI,.
Seaboard Store
Co., Inc.
See this Big Fully-Fitted
Frigiduire !
lowest
PBICIS
Easy Terms
1*41 MODEL U4
UwiariU|MMAJi hrlwAyfoodb
Wore for yoor
hsidb md Nfl
Imagine! AFuIly'FittedFrigi
dairc with 6Vi? cu. ft. storage,
plus all its outstanding fea
tures, for so little money) It is
? sensational vahiel It has
brilliant new beauty, uaes less
current than erer with the new
Super -Powered Meter-Miner.
Come in, see proof that Frigi
dairr gives more lor your
money ? inside and outl
Giant 67iocu. ft. Six* I
V Super Powered Mfln Mim
V Exclusive Quickube Trajrs
V Extra Full-Width Shelf
V Glaus Topped Hydrator
V Porcelain-Covered Cold
Storage Tray
V Adjustable Proaen-Storage
Compartment
V All-Porcelain Interior
including inside of door
V Space Saving Shelve*
One-Piece Pood Compart
ment?no holea in back or
top
V Unobstructed Back
no flues, plates or wires
V Automatic Interior Light
V Large Ice Capacity
V F-114 Safe Refrigerant
. . . mmd My ain I
. Ovr *,000,000 BuUt and MM
GOPTON'S SERVICE CENTER
Phone 211-6 S. Main Street
Joseph J. Hart, Salesnumager
LouisBuso, n c.
, YOUR FRICTOAIRS DEALER
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