Carolina Watchman Published Every Friday Morning At SALISBURY, NORTH CAROLINA c. W. G. Huffman, — Editor SUBSCRIPTION RATES Payable In Advance One Year- $1.00 Three Years - $2.00 Entered as second-class mail matter at the postoffice at Sal isbury, N. C., under the act of March 3, 1879. The influence* of weekly news papers on public opinion exceeds that of all other publications in the country.—Arthur Brisbane. FRIDAY, JANUARY 6, 1933 1933 We spent the year of 1930 in trying to laugh off our troubles. In 1931 fear gripped our hearts, and we saw the spooks of chaos around every corner. 1932 was a year of fantasy, of anxious seeking for magic reme dies; of an eager acceptance of the theory that the cure for all our ills could be pulled out of a hat. It is time we faced realities. The best New Year’s gift this countrv could receive is b stiff dose of cold common, sense. If 1933 brings us* to a realiza tion that our suffering is due to our reckless and wilful disregard of all the laws of prudence and sanity; to a mad desire to get something for nothing, and to our childish faith that economic laws can be set aside by the universal will, then the new year will mark a return to better times. We have been punished—sev erely so. But punishment was in store for a people whose economic sins were so gross and in such reckless de fiance of all that history should have taught us. We have yet to acknowledge, however, that it was the depar ture from age-old traditions of llpnesty and morakry tkar W »■ into the morass of business con fusion. We have professed to be lieve it was due to the wicked machinations of international banjkers, to a general conspiracy against us led by the crafty stat csmen oi nurope, to oiunaenng politicians and feeble financiers. And we still believe that the sun of prosJperity can be lured i ver the horizon by some delight ful hocus pocus of doubling all the dollars in the country so that we shall all have twice as much to spend. In a period when lack of work is the curse of the country, we have greeted with wild enthusiasm some hair-brained scheme that pretends to abolish work for the greater part of the populace, and provide people with more of the necessaries and luxuries of life than they can use. What fantastic dreams. Let us wake up to some degree of the old-time sense of responsi bility. There is no easy way out for us. There are no new economic ways which can be invoked to re pair the rents we have torn in the old ones. ^ There is no economic magician among us who can produce pr"s perity to order. We must stop dreaming anj get down to facing the facts. If we can summon the will to do so, then 1933 should be a Mes sed year. TOO MUCH BORROWING The movement, for a large bond issue to avoid balancing the na tional budget has been aided by the ability of the government, as well as cities of recognized firr icial strength, tip borrow money, on short term notes, at extremely low rates of interest. Recently the Treasury has bor rowed at less than one per cent. But there is another side to the picture. The banks are eager for first class short term loans, especially government paper. All the large banks have been loaded up with cash. There is a big demand for government bonds whch are now selling at high prices. So long as the banks have the money the government can bor row at low rates. But this isn’t doing general business much good. The more government securities pile up in the banks the less money they will have to finance business. At present the demand for credit is light but that wonft last inde finitely. Mean while i£ the government continues its lavish borrowing and issues more short term securities the banks will put more and more of their resources at the disposal of the government.' In time, the ability of the gov ernment to borrow at a very low —:11 u- _ rates will rise and general business will suffer, in the event that trade picks up, from a restriction of credit. The banks are today virtually the sole source of government cre dit because they have the cash and want to put it to some use. There is grave danger, however, of overloading them with govern ment securities. ARE BOOKS DOOMED? John Err-kine, author of several novels which have had large sales, is very gloomy about the prospects of the publishing business. He told a New York audience that radio, the movies, magazines and news papers were cutting so deeply into book sales that he is sure that there is not much of a future in the pub lishing business. Mr. Erskine admits that the de pression has been chiefly responsible but his contention that book sales would still be declining if we were having a period of prosperity is not convincing. Books sold well in 1928 and 1929 and were sub ject to about the same competition as they now meet. Until we have had a chance to see what happens in the next period of good times, we are not going to take Mr Er kine’s gloomy prophecy too serious ly THE GREATEST WOMEN A nation-wide poll among wo men has resulted in the selection of the 12 greatest American women leaders of the past 100 years. It is • • 1 • A 'll. an nucleating nai. lingni l/c i expected, those who were leaders in reform take five places, as a gainst two for college presidents and two for authors. Amelia Earhart, by her flight across the Atlantic, won a position among the 12. It seems strange that that one feat placed her ahead of Evan gelinje Booth, who did not make the list. In spite.of the great prominence given women in the theatre and in the movies, not one of the stage or screen luminaries was given a place on the favored list. On the whole, it is a very substantial list and gives a good idea of the important part in American life played by women leaders, NO MORE DIMES John D. Rockefeller, Sr., has ap-| parently abandoned the practice of giving away dimes. It is now near Jy a year since he has favored any one with a shinning new ten-cent piece. The elderly financier made many persons happy with these gifts, manv of which never found their way into circulation. They were often kept as tokens. Just why he is not giving any more away is not known for sure. He simply stop ped doing it without giving any reason. However, a member of his household has let it be known that many persons kept repeatedly ask ing him for dimes. This became so annoying he was forced to end the habit. THE PRIZE SPENDERS When former Mayor Walk r of New York testified that he kept $250,000 in cash in his house so that he and Mrs. Walker could have "easy access” to money, there was a great lifting of eyebrows. It seemed a bit too thick to believe. But now that the bills for the ex-Mayor and his wife are coming in, showing a lavish expenditure on clothes, etc., almost beyond l>e lief, there is much more stock tak en in the Walker explanation. ’ In the midst of the most reckless era of spending in the history of the country the ex-Mayor did far more than his share. "Eagy come, easy go” is putting it mildly. "GUTTER GARAGES” It is noticeable that police in var ious cities have-started campaigns against persons parking their auto mobiles on the streets outside their homes all night. During the recent snowstorm there was much trouble because of this. Snow plows had difficulty in clearing main streets where cars were parked in the gut ters. The use of these "gutter garages” in many cases interferes seriously with other motorists, and, in addition, offer splendid oppor tunities for theives. NOW IF you will do * * X A LITTLE thinking a- * ON YOUR own book. * * * V/E HAVE an idea THAT YOU will guess . * * + THE NAME of the lady * * * IN QUESTION. However, yoi. * * * MAY REST assured that * * * WE WILL deny it to the * * * END. "EXCUSE me, madam,” * * * SAID THE foreman of a * * + CERTAIN CONCERN here in *<■ & # SALISBURY, "BUT arc you * «■ * THE LADY who’s been * * * SINGING?” AND she readily * * si REPLIED IN the afirmative. * * * "WELL,” SAID the foreman ♦ * * EARNESTLY, "I wish you * * * WOULDN’T DWELL so long! on * * * THAT HIGH note. Mv men » * * STOP WORKING every time, • * * THINKING IT’S the whistle.” * * * I THANK YOU. COMMENTS WOULD BOOST GAS TAX To The Editor: When we were in the World War, we tried to avoid waste of fuel and food. We observed days of semi-fasting religiously. 'T’he menu was pared down and rear ranged toward quicker conclushn of the war. Some commodities were dealt out like doles by ret::J stores. An excessive supply of it might mean criticism or criminal prosecution. These measures by the American public back home spelled plenty for their fighting expeditionary forces. I am not stingy nor wild on the economy subject. But jf extr?n\e domestic economy during the war is workable and worthy, it is even worthier in peace. If I were asked as a legislator next month what I would tax first to balance the bu'1 get in North Carolina I don’t know what my answer would be. As a plain taxpayer though, disrobed of all sayso now since my ballot has Get Real Relief From Monthly Pams SEVERE monthly suffering is a sign of warning. If you are having aches and pains every month, heed the WARNING. See what is wrong. Treat the CAUSE of the trouble. When womanly aches and pains are due to a weak, run-down condi tion, take CARDUI. It has been used by women for over 50 years. It is a purely vegetable medicine and it cannot harm you. Thousands of' women have said that when they had built up their strength with the help of Cardui, real relief was obtained and their general health and feeling of well-being improved. ■* If you suffer this way, try Cardui, which you can get at the drug store. been voted, I would tax gasoline and oil until it hurt. Wastrels stjjjl would buy it. It is optional whether I buy gas for wild goose chases or buy it to feed my family by using it on my farm, factory, or in some other profession. The wastrels, if they must wild goose chase, should pay as they go, and not ride the backs of savers and workers. A dime more per gal'm still would find Wastrels galivant ing on nonsensical errands. Let them pay! Is that idea different from a luxury tax? What legislator is afraid to step on the gas in a bill in the legislature when he saves the State humiliation, the world from foolish waste, and lightens the tax-load on honest men? I’m not so sure that we have looked close enough around us for the supply of old rails going to. waste which we easily could use to mend the fence. This gas tax is unpopu lar. Of course, it is. Is there any Something Wrong Here ——— —~By AWert T• ReUi tax very popular? But wastrels are the quickest to howl, because they think the least and have to howl as a substittue for lack of brains. Arthur D. Gore A PROBLEM FOR THE LAW-MAKERS To The Editor: Because of carelessness, indiffer ence, poverty, disaster, or dire dis tress, as the case might be, a pro perty-owner has failed to pay his taxes. When the May following comes around the sheriff advertises his property, adding to the tax al ready imposed, the cost of adver tising, othier expenses of sale, a penalty varying from time to time with the mood's of the different Legislatures, and on top of a',11 this, usurious rates of interest un til the owner can redeem the pro perty—all of which amounts in many, if not a majority of cases, to absolute prohibition of redemp tion. Grantine that the owner failed to pay his taxes because of care lessness or injdifference, a penalty would be justifiable; but the fact is that few farms in recent years, with the low prices of farm pro ducts prevailing, have been able to pay anything like the expenses of the farm, leaving out the matter of taxes altogether. In such cases I doubt the justice of a penalty, though it might be condoned on the assumption that all should be dealt with alike. But to collect 20 per cent, 12 per cent, 10 per cent, and nfever less than 8 per cent on such unjjald taxes «fter sale of property, until jpaidj is without justification, and puts the State in position of a parent who tells his child to "do as [ tell you, not as I do,” for the interest laws of North Carolina forbid a citizen to charge more than 6 per cent interest. An exception to this rule is that of crop lien and chat tel mortgage accounts which “bear 10 per cent, but this can be added only one time. Why should the State wish to violate the spirit of its own laws? "Consistency! thou are a jewel!” "Oh liberty! how many crimes are committed in thy name!” Gray R. King CRYING HONORS EVEN Berkley, Calif.—Crying honors are even between the babes of both sexes. Observation of 61 crying babies, 31 boys and 30 girls, con vinced University of California experimenters that there is no choice. CfoOMB. SEZ UEL» 8k.ewste:r, are Places WV4ERE WELL-To- Do TVXMlLlE^ AOE THEIR ■SotoS.. | DR. N. C. LITTLE Optometrist Eyes, examined, glasses fitted •and repaired. Telephone 1571 -'W 187% S. Main St. Next to Ketchie Barber Shop OSTEOPATHY is no "Cure All” but it often relieves when other methods have failed. DR. S. O. HOLLAND 410 Wallace Bldg. Phone 346 sej>: set :o: :<►::<« ^^scssocs •«:<« »=«^J0t3co3P« s« s« I MOVED F°llowHTot0To-?-rey 21 ss H | Fayssoux’s Place | | Shoe Repairing, Harness, Leather I Findings—Now Located at | | 120 East lanes St. | jl Phone 433 38 ^ LOANS WITHOUT SECURITY $5.00 to $40.00 Quickly Loaned SALARIED PEOPLE NEEDING FIVE TO FORTY DOLLARS IN STRICT CONFIDENCE, WITHOUT SECURITY, EN DORSEMENT OR DELAY, AT LOWEST RATES AND EASY TERMS CO-OP FINANCE CO. 202 WACHOVIA BANK BLDG. SALISBURY, N. C. OUR ELECTRICAL APPLIANCE HOSPITAL IS YOURS TO COMMAND At Our New Low Rates You Will Want All Your Appliances In First Class Shape % Some of our customers may not know that we maintain for their benefit an efficient service department whose sole purpose is to keep in first class operating condition the electrical appliances in the homes of our customers. This department is literally an electrical hospital. Here your appliances are inspected, adjusted and repaired. Inspections and adjustments are made without any cost at all. Even when repair parts are required and a charge must be made the lowness of the cost will agreeably surprise you. With electricity available at only 3 3-4 cents per KW hour you will not want to deny yourself the comfort and con venience of a full measure of electrical service. We are therefore bringing to your attention again the fact that our service department is at your command. Get out those old appliances and worn out cords. Bring them in and let our efficient service men inspect them and put them inj shape so that you need not deny yourself the service you may have so cheaply through your electrical appliances. x j ELECTRICITY IS CHEAP-USE IT FREELY Southern Public Utilities Co. Phone 1900

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