The Carolina Watchman PUBLISHED EVERY FRIDAY MORNING BY The Carolina Watchman Publishing Cg>. SALISBURY, NORTH CAROLINA Established In 1832 108th Year of Publication o E. W. G. Huffman_:-Editor S. Holmes Plexico-Business Manager PHONESt News and editorials-8*8 Advertising and circulation-882 Business_882 Locals and Personals-2818-J SUBSCRIPTION RATES Payable In Advance One Year-81.00 Three Years-8.88 Entered as second-class mail matter at the posteffioe at Salis bury. N. C., under the act of March 8, 1878. "If the choice were left to me whether to have a free press or a free government, I would choose a free press.”—Thomas Jefferson. FRIDAY MORNING, MAY 6, 1932 POPULATION DATA CITIES AND TOWNS Salisbury _ 16,951 Gold Hill - 156 Spencer _ 3,129 Granite Quarry 507 E. Spencer _ 2;098 Rockwell - 696 China Grove- 1,25 8 Faith - 431 Landis _ 1,388 Kannapolis - 13,912 TOWNSHIPS Atwell _ 2,619 Morgan - 1,327 China Grove_ 8,990 Mt. Ulla - 1,389 Cleveland _ 1,445 Providence- 2,589 Franklin_ 2,246 Salisbury-25,153 Gold Hill _ 2,642 S. Irish- 1,251 Litaker_ 2,562 Steele - 1,142 Locke_ 1,904 Unity- 1,406 ROWAN COUNTY_56,665 CHILD LABOR DECREASES IN STATE The number of children employed in in dustry in North Carolina has decreased 70 per cent, in the last ten years, so that the prob lem of child labor is becoming less of a prob lem every year, according to E. F. Carter, head of the Division of Standards and Inspec tion in the Department of Labor, which has charge of the enforcement of the State’s child labor laws, replacing the former Child Wel fare Commission, of which Mr. Carter was ex ecutive secretary. The largest number of children certified by the State as eligible for employment in indus try, and under 16 years of Age, waj in 1922 1 4 A iAO 1*11 IV . J „ wiicii cuuui cii wcic uucu, v-»ax ter said. Since that time the number has de creased 70 per cent., so that at the present time only 3,096 chidren under 16 years of age are certified for employment in industry in North Carolina. At the present time, the majority of the 3,096 children certified are between 14 and 16 years old, while in 1922-23 most df the 10,423 children certified then were between 12 and 14 years did. During the peak years of 1922-23 a child could be found employed on an average of every six miles travelled by one of the inspec tors, but today, or for the fiscal year ending June 30, 1931, only one child could be found employed every 43 miles travelled by the in spectors. The decrease in the numbers of children em ployed in industry is attributed by Mr. Car ter to the increasingly better legislation that has been enacted by successive legislatures, to the better schools and the realization of parents that it is better to keep their children in schooil than to put them to work, and to the realization on the part of employers that adult workers are more efficient and econom ic, even if it is necessary to pay them more than child workers. SHORT SELLING There are some people who think it is a ter rible thing to sell something you haven’t got in the hope or expectation that before you have to deliver it you can buy it at a price lower than you have agreed to sdll it for. That is what so-called “short selling” on the stock market means. Nobody quarrels with the man who contracts to deliver a hundred head of cattle, for example, at the present market price, because he believes that the price is going down and that he will be able to buy them for less and make a profit. Congress has been investigating short sell ing on the Stock Exchange. It has not found any evidence that anybody engaged in short selling operations was doing anything more serious than betting that the prices of stocks would go down still farther. Sometimes they did and sometimes they didn’t. Several mil lion people lost a lot of money in 1929 by betting that stocks would go higher. That is all that most of the transactions on the Stock Exchange mean—betting that the market will go higher or lower. Pery A. Rockefeller told the investigators that he had lost "many, many millions” betting that the market would rise and had succeeded in winning only $'550, 000 of it back by betting that the ^market would go down. Mr. C. Brush, probably the biggest of all the stock market operators, frankly admitted that the business of Wall Street is "a racket like Al Capone’s,” and he confirmed what we have llong suspected, that people who are not professional traders in se curities are simply suckers when they dabble in stocks and are sure to lose in the long run, no matter which way the market goes. We think one of the principal troubles of the United States these days arises from the extension to every corner of the country of facilities for gambling on the stock market. Of course, there must be an open market for the purchase and sale of stocks and bonds, and we don’t know any way to stop human beings from gambling, in one form or another. But we do think that it is just as reprehensible to tempt the unwary into speculating on the stock market, as it is to try to take their mon ey away from them by selling them lottery tickets. WE’LL SOON KNOW THE WORST We are cheered by the news from Wash ington that Congress expects to finish its work by the early part of June and shut down shop until next December. We have no inside information as to what the ultimate tax pro gram will be, or how the proposed reductions in government expenditures will finally come out. But we have lived in this world long en ough to know that any certainty, even the worst, is better than an uncertainty. We know and hear of many businesses and industries which are marking time, waiting to find out for sure what Congress is going to do about taxes, before they can make their plans intel ligently for going ahead. It may make all the difference in the world whether one kind of a tax or another kind is finally decided upon. But American business men and manufactur ers have always had a happy faculty of ad justing themselves to conditions as they are, and when they know exactly what the con ditions are we believe that there will be a rapid and generall revival in manufacturing and trade. Before the end of June the Presidential con ventions will have been held and we will know exactly what each party promises in its plat form, and who it offers as its candidate for the Presidency. That will remove another un certainty. And we can then enjoy a pleasant summer, hoeing corn and fishing and talking politics, with the satisfyig knowledge that there isn’t any more that we, as individuals, can do about the situation until election day. So we might as well tend strictly to our own business from the fourth of July to the eighth of November. THE FRIENDS OF DEPRESSION Idle dollars are the best friends of depres sion. They do no one good. Stuck away in strong boxes—or socks!—they are entirely worth less. They are unable to do their bit in carry ing on the financial work of the world. They are a sign of fear, of a hysterical kind of con servatism that mistakes hoarding for thrift. True thrift is a fine thing. It is the source of the money that builds plants, buys and op erates machinery, employs men, keeps the wheels of industry going. As an advertisement of the Northern States Power Company recently said: "The oppor tunity to earn a return on investment is bet ter today than for years. Banks pay interest on deposits regularly. Sound securities earn, and pay, a regular, safe income.” The hoarder is cheating himself—of great er importance, he is cheating us all. He is prolonging unemployment, profitless prices, the accumulation of goods for which there is no market because people have no money to buy. He is, in the full sense of the word, an ti-social. This is worth remembering: Idle dollars are the best friends of depression. SAUCE FOR THE GOOSE One extremely important phase of the rail road probllem—that of competition arising from new carriers which have been mainly developed since the war—is fundamentally as simple as the alphabet. The problem is this: If one common carrier i is regulated by the Federal Government, through the Interstate Commerce Commis- j sion, why shouldn’t the others be? If one form Of transportation is taxed heavilly by all forms 1 of government, why shouldn’t the others be taxed on the same basis? , Simple justice dictates that all important ' forms of transport, railroads, buses, trnrlrs i and waterways, be placed under an identical 5 type of regulation. This would make for fair ‘ competition and the effects of that would be , feilt, beneficially, throughout the nation. Un- i fair competition has brought the railroads to j the verge of ruin. i What is sauce for the goose is sauce for the 1 gander. And what is considered good for the ' railroads, should likewise be good for their competitors. c ++++++•* +++++++++++++++++++ t i I The | | Watchman l i Tower j + + +++■»•♦+++♦♦+♦++♦*+♦+♦♦♦♦+♦♦ To the Parents of Young Children in Salisbury: Now that spring time is here with its invitation to the children to play out of doors, motorists, -traffic offi cials and parents again face the per plexing problem of children playing in the streets, frequently in crowds, endangering their lives. I doubt not that during the recent fine, warm af ternoons groups of children could have been found playing on other streets than on the one which I saw them. In the meantime, parents are warn ed that if their little ones are permit ted to congregate in the streets to play without official regulation or adult supervision, they may expect some fatal or otherwise serious acci dents before the practice continues long. Governor Matthew Rowan. To the Householders of Salisbury and Rowan County. At this time of year many of you doubtless are finding upon examina tion that you have old clothing, hats, shoes, dresses and other garments on hand that you will not use this spring and summer, even though you have kept them over from last year. You will be rendering a real service to those in need if you will get together all wearing apparel that you no longer will use and telephone the Salvation Army or the County Welfare office, so that it may be distributed by the agency among those who need it worst. None of the relief agencies have funds with which to buy clothing, and many women, children and men being aded by these agencies are in need of all sorts of garments, hats and >hoes. Governor Matthew Rowan. Vfr. E. B. feffress, Chairman, State-Highway Commission-, Zapt. Chas. D. Farmer, Chief, State Highway Patrol. bentlemen: The report of the patrol for the nonth of March, showing almost >40,000 in money collected as a mere ncident of the activities of the force,, ndicates that the organization is not learly so expensive as those opposing he maintenance of a highway patrol vould have the public believe. More mportant, however, is the record howing 972 arrests and 843 court onviotions for violations of the traf ic laws, including many for driving fhile drunk, reckless driving, speed ig and other practices highly dan erous to thousands of other motor >ts. No one can ever know how many ves were saved by the arrests of the 90 drivers charged with the three ffenses just mentioned. The fact that more than 15,000 rivers were stopped and warned of violations of the law during the mont' indicates that the patrolmen are no idle. Governor Matthew Rowat Mr. R. K. Johnson, Salisbury, N. C. My dear Mr. Johnson: The recent honor conferred on yo by the Royal Arcanum in re-electin, you to the post of Grand Regent i evidence of the esteem in which yo are held. I understand you are a member o: long standing, and that your time anc efforts have been freely given for the betterment of your organization. Allow me to congratulate you and extend my heartiest wishes for a suc cessful term of office. Governor Matthew Rowan. COMMENTS Her Panacea Is To Scrap The Labor Saving Machines. To the Editor: Five years ago every man and wo man who wanted to work had a job, with a fair salary. Where are the jobs today? I have read that overproduction was the cause of this horrible depression. But what is the cause of overproduc tion? First, one man invents a device tak ing fewer -men to operate and produc ing more in shorter time. The large manufacturer thereby makes more money. The manufacturer that is so small financially that it cannot be equipped finally closes its doors—out of business! We must go back a few years to the _J 1 1 1 1 1. i 5WU \aayz WIICU WUih. U1U CA15 If everything that is made and wait ing to be sold were destroyed fo lid some people of the overproducti m idea, it would be of no avail, for the factories as they are equipped today could replace everything within a short time and business would again be dead. Every country should improve its ideas until there is work for every working man, but when they get so smart that they can put nearly every one out of employment and produce just the same, it’s time to stop and think. No matter how cheap articles are offered, they simply cannot be bought without a wage earner in the home, and soon there is no home— nothing but disappointment and sor 1 t | MAY 5 By Henry Sylvester Cornwell Come walk with me along this wil'lowed line, Where, like lost coinage from some miser’s store, The golden dandelions more and more Glow, as the warm sun kisses them again! For this is May! who with a daisy chain Leads on the laughing Hours; for now is o’er Long winter’s trance. No longer rise ana roar His forest-wrenching blasts. The hopeful swain, Along the furrow, sings behind his team; Loud pipes the red breast— troubadour of spring, And vocal all the morning copses ring; More blue the skies in lucent lakelets ring; And the glad earth, caressed by murmuring showers, Wakes like a bride, to deck Herselk with flowers! row to rack the minds and bodies of thousands who are not to blame. This world of so-called industry must slow up, go back and pick up where they were when everyone was happy and hold to it to save all of us, rich and poor alike, ^ith everything mechani cal, where can a mere man hope to find a job? Depression can be lif ted for all time /-»_ « • ^vYwiuutm wuuiu aixaw no more inventors to put their ideas on the market, and put such a heavy tax on every manufacturer that used these labor and time saving machines that it would justify them to install the older machinery, hire the dependable human force instead of mechanical force, which has already brought thousands to destruction, and forced them to stop buying. Then in return these firms will be able to sell their products promptly. Of course, our Government law makers in Washington could coincide and have everyone back to work in a short time. A Housewife With Her Own Ideas. Birth Control Might Help. To the Editors , The world, as well as the United States, is becoming overpopulated. Owing to modern discoveries in baf fling disease people live longer. Be tween inventions and this overpopu lation there will not be enough gain ful occupations to go around. Just how to remedy conditions at present I do not know, but we can. help the future by spreading the knowledge of birth control. Any law opposing this measure will be responsible for the sufferings of future generations. M. R. work J mo body cases WHETHER THE ALARM CLocKS BRoKE or mot. Mother’s Day ~ T'^~"— ' 1 % Albert T. Reid ' A«r»eAncN,

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