Newspapers / The Franklin Times (Louisburg, … / April 21, 1944, edition 1 / Page 3
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SEVEN GOALS TO SEEK Babson Discusses National Debt By Roger W. Babson Babson Park, Mass., April 21. ? The U. 8. Is probably headed for a $3,000,000,000 debt which no one likes to think of. Yet, at 2 1-2% interest this Is not so bad IF IT CAN GRADUALLY BE REDUCED. This Interest la all paid to the peo pie of our coun try. None ol it leaves the U. S. A. Of every dollar received by us as Inter est, a certain proportion must be returned to the government as taxes. Hence, in a way, the debt will be self liquidating aa well as a busl BABSON ness siaDinzer. livery cloud nas a silver lining. STOP FURTHER POSTWAR BORROWING On the other hand, we must not be too free with our money. We cannot expect to put the whole world on a New Deal. If the New Deal could stand on its own feet here in this country, so we could not pay for it except with borrowed1 money, what can we do for the whole world? We are not justified in borrowing money to support millions in de pressed countries with nothing back of them in industrial <Jr farming facilities. Let us be gen erous with such money as we have, but not go into more debt to give away more money. Also remember that#if our cost of producing goods, including farm products, continues to in crease, this will harm our Am erican workers and farmers who are the backbone of our nation. It stands to reason that we can not keep our social gains if we try to save the rest of the world by letting them send in their cheap goods that are made with cheap labor. If we do let in these cheap goods, millions of American workers are going to be out of Jobs. Then our War Bonds could be a burden. THE REAL SOLUTION After the Peace Makers get under way with their trade agree ments, international bank, etc. and when unemployment is ram pant because of foreign competi tion, and' after the borrowing comes to an end, what will hap pen? I assume that then the New Dealers will want to start new government WPA projects to provide) housing, clothing and goods for these idle workers. Yet, there is no need for this. The alternative is to keep the cost of goods down so as to be able to meet competition during the years ahead. What is the sense of now building our costs sky-high when we know they must tumble after the War. In the meantime, the ultimate con sumer will pay the bill. This will happen in spite of any labor or other organizations. Only wise investors and those engaged in active business can pass these costs along. THINGS TO REMEMBER To win the battle of production is the supreme task today of both employers and wage workers. Private enterprise must prove its real usefulness to the country at this time of crisis and demon strate its right to survive. It is the responsibility of all groups to produce the best possible pro duct in quantities as large as needed at the lowest possible cost con8l8ttent with fair wages and a fair return on money invested. America needs a national phi losophy of teamwork. For busi ness this means teamwork within each concern and teamwork with GILBERT BUSH Deputy Regional Executive, Region No. 6 Boy Scouts of Am erica of Atlanta, who visited here this week renewing old acquain tances, and inspecting Boy Scout activities with Cecil W. Webb, Scout Executive. labor, competitors, the public and the Government. Though alien armies may be conquered, alien philosophies can still overrun the land. Industry is one of the first targets. The true battle line Is between patriotic elements in management and labor on tbe one hand, and the self-seeking elements on the other. SEVEN POSTWAR GOALS 1. Industry should give as much thought to building men as to producing materials. The ex ploitation of human beings is the certain road to revolution. Indus try must win the battle against fear, hate and greed. As Ameri ca has found the power to har ness the forces of PHYSICAL na ture, so it must now learn how to harness the forces of HUMAN nature. This is God's plan for a better world. 2. We all should cease talk ing about the abundant lite and again teach tTiat life is struggle. Homes, schools and colleges should once more put the em phasis on sacrifice, \training and the good of all. But ^11 must be given more equal opportunities, irrespective of color or creed. 3. Fewer laws should be en acted but greater emphasis will ue put upon law enforcement. Accompanied with this there should be a movement to let 'natural law work more freely. There will be fewer subsidies to I unfortunate farmers, inefficient I manufacturers and independent [merchants. There, however, will be a recognition that the safety of the nations depends upon pro hibiting certain commercialized evils. 4. Big cities should he decen tralized. This is the only known protection against bombing plan es as well as against social haz ards. This may be accomplished by some method of taxation that will encourage more people to live in the rural sections. 6. Voting some day should be restricted. Because one is of age, he is not necessarily entitled to vote Irrespective of character, in telligence or record. This does not mean that one must own pro perty In order to vote;, but it does mean that prospective vot ers should successfully pass cer tain fair tests to eliminate the unworthy. 6. Religion must again be come a part of the nation's edu cational system. The Church, however, will be stripped of its superstitions, dogmatism and bus iness enterprises. Churches are due for a rude awakening, severe taxation and a general purging; but the Church will come out of this more useful than ever. 7. Finally, biology and the Importance of BLOOD and SOIL should be given greater consider ation. Those who breed and best train the most children will ultimately control. In the mean time, the autocratic countries will have become more democratic; FOR BETTER PRICES and FINER FURNITURE See the Display at the Brown Furniture House. FOR BEST INVESTMENTS AND BEST SERVICE TO YOUR COUNTRY, BUY War Bonds and Stamps ! BROWN FURNITURE HOUSE V Phone 314-3 J. L. Brown, Prop. YOUNGS VILLE, N. C. [while the democratic countri?&i will have become more totalitftr-' lan. HIGH HONOR Camp Livingstone, La. ? Ser geant James F. Collins of Frank linton, assigned to the 86th (Black Hawk) Division ' has re-, celved one of the highest honors ' given to members of the Army Gronnd Forces ? the Infantry man's Badge. The award was presented by Major General Har ris M. Melasky, Commanding General of the Division at a regi mental review last week-end ,at Camp Livingston. Sgt. Collins is married and his wife resides with him in Alexan dria, La. He is the son of Mr. and Mrs. R. D. Collins, of Frank linton, N, C. Authorized last October, the badge is probably one of the har dest for a soldier to earn. It demands that he be a first class fighting man, in top physical con dition and skilled in every phase of ground fighting and close com bat. Sgt. Collins, prior to his induc tion at Camp Lee, Va., on Feb. 3, 1943, was a Service Station pro prietor. PFC. JULIOUS C. PEARCE Pfc. Julious C. Pearce, who was sent overseas on April 17 th, 1943, entered the service In Au gust, 1942 at Fort Bragg. From there he was sent to Miami Beach, Florida, after a few week's train ing there he was transferred to Williams Field, Ariz. He was sent back to Miami, where he finished his training with the Army Air Forces there. His wife and daughter, Judith, are making their home at 300 New College Street, Oxford, N. C. WINGS OF GOLD William D. Joyner, 21, son of Mr. George H. Joyner of Louis burg, won his Navy "Wings of Gold" and was commissioned an Ensign in the Naval Reserve last week following completion of the prescribed flight training course at the Naval Air Training Center, Pensacola, Fla., the "Annapolis of the Air." Having been designated a Naval Aviator, Ensign Joyner will go on active duty at one of the Navy's air operational training centers before being assigned to a combat zone. GRADUATES Cpl. Woodrow H. Harris, son of Mr. H. B. Harris, of 4037 Little Brad Road. Broad Creek Village, Norfolk, Virginia, was graduated PACKED IN WOOD An enormous amount of wood is needed to pack supplies for our armed forces, especially for overseas shipment. Mr. Farmer, Uncle Sam needs your saw logs and pnlpwood NOV . . . there's a shortage of wood. last week from the Army Air| Forces Flexible Gunnery School, Laredo Army Air Field, Laredo, Texas, a member of the AAF Training Command. He is now qualified to take his place as a member of a bomber combat crew. Along with his diploma, he re ceived a pair of Aerial Gunner's silver wings and a promotion in grade at brief graduation exer cises held here. He was prepared for his place in America's stepped-up air of fensive by a comprehensive six weeks course in every phase of aerial gunnery warfare. Besides learning to fire every type weapon from camera guns to the deadly caliber .50 Brownings, he studied turret manipulation, aircraft iden tification, stripping and reassem bling of machine guns while blindfolded. He climaxed the course by air firing on towed targets: It was estimated in 1942 that the United States wasted enough] food to feed its armed services I and meet Lend-Lease require ments. SWEET POTATOES CAN BECOME LEADING CROl* Sweet potatoes can become one of the best staple crops in Eas tern Carolina, if farmers will get better seed, Improve yields, and fully utilize their tobacco barns for curing and storing the crop. "The average yield of sweet potatoes at the present time, 97 bushels per acre, is entirely too low," State College points out. "The potatoes are not sufficiently uniform in size and. shape, and in skin and flesh .olor. Entirely too many are infected with diseases. These are serious drawbacks and they must be overcome before the crop will be profitable for some growers." Many Eastern Carolina farmers have harvested two or three times the average state yield and a few report larger yields. He explains that good Beed, proper fertiliza tion, improved cultural practices, and other factors have been res ponsible for the increased yields. Reduction of diseases, careful grading, curing, and storage, and effective marketing facilities must 2+2=4 SUMMING IT ALL UP 68,000,000 Americans are bound to be right in depending on the institution of old line, legal reserve life insurance to provide for them two things of the greatest importance. 1. A safe place for savings. Against the dangers of "rainy days" or living too long. 2. Protection and security for dependents. Against the danger of not living long enough. T?u also strengthen the nation by owning adequate life insurance. Your Security Representative Is one who would serve yon as a friend through the great institution vt old line, legal reserve life inrar ance. Receive him as such ? it costs ! nothinsr and may prove greatly worth your while. WFLDON D. EGERTON General Agent Security Representative Liouisbarg ? Security RF/JTRTERT5D PolW* IpWe future financial problems "FACE THE FUTURE WITH SECLRiTV" I I Security Life and Trust Co. Winston-Salem, N. C. 7 be taken into consideration it the sweet potato grower is to make a success with his crop. Those growers who are inter ested in carrying out better prac tices in sweet potato growing, with much larger returns per acre, should write the Agricultur al Editor. State College, Raleigh, for a free copy of Extension Cir cular No. 250, "Approved Prac tices for Growing Sweet Pota toes," and to D. S. Weaver, head of the Agricultural Engineering Department. State College, for a blueprint, "Sweet Potato Storage in Tobacco Barns." PATRIOTISM You can tell a real American' when the going gets tough. Olven ( a job to do. no matter how men- J tal, he turns up bis sleeves, not his nose. Patronlie TIMES AavertUera Many a man who considers himself high calibre is Just a big bore. * AUCTION SALE Every Friday at 2 p. m. Bring us your live stock. Plen ty of buyers. Ceiling price paid for your chickens. Bring us your chickens and eggs. Fat cows and feeder stork sell ing especially well. Warren County Live Stock Market, Inc. Phone 223-1 Warrenton, N. C. SOLID STERLING SILVER TOPS A Touch of Glomou' for Your Table 3 Pc Mm# """WltR One Set to a Customer RAYNOR'S Radio and Jewelry Shop "Wo Sell the Best and Service the Rest" IiOUISBURG, N. C. The Natural Side Dresser Over 500,000 tons of Chilean Soda have been brought in for this year's crops. More is expected in time for side dressing, but there are distribution complications. The War Production Board and the War Food Administra tion control distribution of all nitrogen supplies under an allocation program. Principally, this program takes into account three things: (1) total supply of nitrogen products; (2) their respective locations and capacities; (3) crop requirements. So, if Chilean Soda happens to be scarce in your section, it is a war-time dislocation, a temporary scarcity. If you haven't been able to get the Chilean Soda you need for top dressing and side dressing, don't blame your fertiliser man. 'Put the hlaww where it belongs ... on Hitler and HBrohito. , ? A vast supply of natural soda is right where nature put it ?in Chile. Large quantities are ready for shipment. Every possible ton of this vital material is being brought here in time for this year's crops.
The Franklin Times (Louisburg, N.C.)
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April 21, 1944, edition 1
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