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 t 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 Subscribe to The Franklin Times ? 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 ' v '? i r ft

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