Newspapers / Carolina Watchman (Salisbury, N.C.) / June 3, 1932, edition 1 / Page 1
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The Oldest Newspaper Published In North Carolina The Carolina Watchman "The Watchman Carries a Summary of cAll The TTews” Founded 1832-lOOth Year SALISBURY, FRIDAY MORNING, JUNE 3, 1932 Yol. 27, No. 23 Price 2 Cents Sees Revival Of N. C. Land Values R. F. C. BRINGS NEEDED MONEY TO LANDOWNERS Real Estate Upturn Will Mean General Businest Recovery, Real Estate Men Say. BELIEVE LAND HAS REACHED LOWEST LEVEI Investment In North Car olina Lands Advised JB3 Head Of Finance Corpo ration. Fresh dollars injected into the busi ness stream of North Carolina by th< Reconstruction Finance corporatior are tending to restore land and com munity values in the state and an dealing a death blow at economic stringency, according to Word H Wood, chairman of the Reconstruc tion Finance corporation for the Car olinas. Mr. Wood, commenting on current official and semi-official measures for the alleviation of the depression and unemployment conditions, said that all signs seem to point to a general business revival. "Although about every business ba rometer suggests renewed activity,” Mr. Wood said, "I mention the Re construction Finance corporation ir particular, because it is bringing nev money into circulation in North Car olina. This is our medium for restor ing activity. With this revival wil come a new movement in North Car olina lands, and when this movement begins we shall have struck at a bask cause of the present period of defla »» IlUil. "When large sums of money,” hi continued, "are concentrated in a com munity, business in general is bounc to pick up. "This money not only has its prac tical and direct value, but also has : psychological and indirect value. I restores confidence, and confidence i essential to normal business activity. "With this renewed confidenci North Carolina land, really our funda mental medium of exchange, will be gin to take on its normal value. "I have said throughout this de pression that, when land values ii North Carolina are restored, we shal be well on the way to a new and san er prosperity. I have advised invest ment in well-selected North Carol in; real estate all along, and I see no rea son to be afraid of it now. "Land, in my opinion, has reachec the lowest price level we may reason ably expect. With the general trenc upward, which I expect, land value are certain -to increase. With this in crease, I believe, will come the end o: the depression.” For Com. of Laboi R. R. LAWRENCE For Senate CAMERON MORRISON » »:• * * * * * * « R. R. REYNOLDS si* s;- ■’(■ >1* si- sf- Sr si* sj FRANK GRIST SIXTEEN TRUCKS OF VETERAN: Washington City was invaded b; 16 truck loads of war veterans, Am erican flags flying before them, end ing a trans-continental hitch-hik Sunday. They are there with the avow ed purpose of remaining until con gress pays the bonus in full. ( TAM C. BOWIE GIVE SALISBURY THE FIRST CHANCE! When you set out to buy anything, give Salisbury the first chance. That is: before you go to another town to make your purchases, or before you order by mail, find out wheth er or not the articles you want can be obtained here at as low a price as they are sold for elsewhere. We cannot fairly ask, and we do not suggest, that you "trade at home” for sentimental reasons, when by so doing you suffer a financial loss. Nobody should be expected to buy except where he can buy to best ad vantage. But we do ask that you examine the merchandise in your own community, and inquire about the prices, before you decide to spend your money away from home. We ask this because we have known of many ( cases in which citizens of Salisbury, unaware of the opportunities near at hand, have bought elsewhere things that they could have obtained here in just as good quality and at just as low a price. Whatever you want to buy, Salisbury can meet your demands, in quality and in price. Let your own com munity have at least an even break. Give Salisbury the first chancel Good Morning § "I’ve shut the door of yesterday— It’s sorrows and mistakes; I’ve locked within its gloomy walls Past failures and heartaches. And now I throw the key away To seek another room, And furnish it with hope and smiles And every springtime bloom.” PUT THE LID ON "Father, did Edison make the first talking-machine ?” "No, my son, God made the first talking-machine, but Edison made the first one that could be cut off.”—Wa taugan. BACK TO NATURE "Just fancy, grandma,” said the girl; "I had my second flying lesson to-day, and it won’t be long before I’ll be able to take you to the country in my airplane.” "You won’t do anything of the kind,” said her grandmother, grimly. "When I want to go to the country, I’ll go by train, as Providence intend prl 115 fn —T’fZ-Rr/c PRODIGY OF CRIME In six years the 5-year-old despera do has built up a reputation as a cold and ruthless killer, kidnaper highway man and bank robber.—San Francis, o Call-Bulletin. COUSIN OF THE SNARK? A cut across the hand was exhibit ed by Nate Bell, the father, who said he suffered the slight wound while disarming the sschrdletaoiu?usmfi whilenn.—Syracuse Post-Standard. LOST HER FACE A nifty young flapper named Jane While walking was caught in the rain. She ran—almost flew, Her complexion did, too. And she reached home exceedingly plain.—Boston Transcript. i FIUMOR r "I hear you advertised for a wife. . Did you get any replies?” “Sure. Several hundred.” : "What did they say?” "Oh, they all said, 'You can have - mine.’ ” —From the Pearl Harbor Weekly. News Briefs SCIENTIST MEETS DEATH Dr. Leonard T. Troland, 43, noted Harvard scientist, met death Friday in a fall from Mount Wilson, in Cal ifornia, being crushed 250 feet below in a rocky canyon. BITTEN BY A SNAKE Daniel A. McLeod, prominent Rae ford citizen, was bitten by a rattle snake pilot Friday afternoon, and suf fered sometime before medical aid reached him. SEARCHING FOR BODY Efforts are being made to find the body of Herbert Jones, 21, of San ford. The youth who made a dive from a moving motor boat Saturday after noon was drowned. ^ SWIFT MEAT MAGNATE DEAD Edward W. Swift, 68, noted meat packer of Chicago, fell to his death from the eighth floor of his apart ment Saturday. It is said to have been accidental. EFIRD BUYERS RETURN "General conditions seem to be im proved,” remarked P. H. Efird, of Charlotte, one of the buyers for the Efird chain, on his return from the northern markets. PATROLMAN BADLY INJURED E. M. Waring, of Raleigh, state highway patrolman, was badly injur ed Sunday evening by Glenn Win ningham, an Asheboro youth, whose automobile collided with the patrol man’s motorcycle. The young man is held under a $1,000 bond charged with assault. NATIONS MUST ACT IN UNISON Prime Minister Ramsay MacDonald gave an interview to the London Dail Mail reporter to the effect that the Lausanne reparations conference be converted into a conference on world trade. The premier said. “The prob lem faced is not merely the recovery of one nation, but the re-starting of world commerce.” The nations of the world must act in unison. It is thought that Andrew Mellon will be called in upon the conference. ForGovernoi J. C. B. BHRINGHAUS * Or i’r Or * ».*• * >J. A. J. MAXWELL * * * * * * * * R. T. FOUNTAIN For Lt. Governor ■ ... ' • SSSI A. H. GRAHAM BOY KILLS HIS UNCLE Leonard Jackson, a boy of 13, warn ed bis uncle Sam Jackson, that he would shoot him if he touched his daddy. The boy’s father, John Jack son, was quarreling with his brother, and the boy shot as his uncle drew back his knife to stab the father. The affair occurred at Advance, Mo. Of ficers said they would not arrest the boy, following death of the uncle. POLITICAL RACES COME TO A CLOSE SATURDAY NIGHT Contest For The Office of Sheriff Is Warmest In County; Other Races To Be Close. EHRINGHAUS HAS EDGE IN FIGHT FOR GOVERNOR Reynolds-Morrison Con test Considered A Toss Up, With Each Certain Of Victory. ine Heaviest vote in any primary held in Rowan county is forecast for Saturday by local political leaders. State, senatorial and county tickets —Democratic arid Republican—will be voted on. Locally, the hardest fight is for the office of sheriff. Three candidates are in the race for this office. They are: Cal L. Miller, James H. McKen zie, and James H. Krider. J. C. B. Ehringhaus, Richard T. Fountain and Allen J. Maxwell are in the race for governor of the State on the Democratic ticket. This is one of the most hotly contested races for state offices. Ehringhaus is believed to be in the lead. Robert R. Reynolds, Tam C. Bowie, Frank R. Grist, Arthur Simmons, Cameron Morrison, are in the race for United States Senate. Reynolds and Morrison are considered leaders. The full ticket of county and state and senatorial candidates follows: DEMOCRATIC PRIMARY BAL LOT ROWAN COUNTY, JUNE 4, 1932 For Senator 21 st Senatorial District (vote for one) Hayden Clement, T. D. Brown, E. W. G. Huffman. For Members of House of Representatives (vote for two) J. W. Bean, George R. Uzzell, Whit D. Graham, Walter Murphy, J. W. Rideoutte, Kent Umberger. For Trial Justice Rowan County Court (vote for one) P. S. Carlton, J. Allan Dunn. For Prosecuting Attorney Rowan County Court (vote for one) Charles Price, W. V. Harris. For Sheriff (vote for one) Cal L. Miller, James H. Krider, James H. McKenzie. For Register of Deeds (vote for one) William D. Kizziah, W. H. Crowd er. For Surveyor ' (vote for one) N. A. Trexler, E. W. Cole. OPlease turn to back page) ForlnsuranceCom. DAN C. BONEY
Carolina Watchman (Salisbury, N.C.)
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June 3, 1932, edition 1
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