Carolina Watchman Published Every Friday Morning At SALISBURY, NORTH CAROLINA \ E. 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, APRIL 14, 1933 THE MAYOR’S PAMPHLET Mayor B. V. Hedrick has just published a small booklet entitled "A Statement of Facts.” This pamphlet contains a great deal of information regarding the finan cial affairs of the City of Silis bury. It is interesting as well as educational and We are sure it will be read and appreciated by every citizen who is interested in the welfare of our city. Mr. Hedrick has long been re cognized as one of our most suc cessful business man. He was ac tively engaged in mining, con struction work and manufacturing for a number of years, and later in the automobile and tractor dis tribution and sales. Mr. Hedrick has the reputation of being a hard worker but notwithstanding the fact that he is a very busy man he has always taken a keen interest in the affairs of government. Two years ago he was elected a member , of the City Council, leading the . ticket by a large majority, and since that time he has served as mayor o£ Salisbury. The administration of the affairs , of a municipality, when times are * good, is simple cask. During the past two years, when the depres sion was at its worst, it has been even more difficult. The pamphlet - reveals that Mayor Hedrick has made a special study of municipal government. A municipality differs from a private conducted business in many ways, some of which are as follows: The purpose of a muni cipality is to promote the well being of its citizens and to render services at cost. The purpose of a private corporation is to make money. A municipal corporation is owned by fts citizens, a private corporation by its stockholders. A municipal corporation is managed by representatives elected by the people, a private corporation by directors elected by its stockhold ers. After reading the pamphlet pre pared'by Mayor Hedrick carefully it will be evident to all that he has given much time and study to the affairs of the eity. It is also evi dent that, by the reorganization of departments and cutting operat ing expenses, his administration has saved many thousands of dollars to the taxpayers. We believe that the mayor has been altogether too modest in pre senting the "facts.” He has omit ted a great many details. For in stance, in the reorganization of the water works and engineering de partments his administration ef fected a saving wihich amounts to $4,920.00 a year, which was not mentioned. The mayor’s pamphlet is also free from any unfavorable criticism regarding any member of the present council or of former administrations. In his t^marks regarding the sinking fund he mentions with deserving pride that the sinking fund has been increased by $92,000.00 during his adminis tration. Since being elected mayor of Salisbury, in our opinion, Mr. Hed rick has lived up to the platform which he adopted in the beginning "Equal rights to all and special privileges to none.” HUMAN NATURE It is difficult to escape the con clusion that the principal cause of hard times is over-optimism in good times. If that is true, if economic depressions 6re <3fue to causes inherent in hutnafi" nature, we confess that we’’ cannot see much hope for that millenium in which there will always be pros perity for everybody. We certain ly do not see how it is possible for legislation to correct evils which are sure to recur whenever condi tions are ripe for them. That is not to say that we do not think the Government at Washington and the State govern ment should not do all in their power to make dishonesty unpro fitable. We think it would be a salutary thing for the country to put a few big bankers and stock promoters in jail and keep them there as a warning to others. But we haven’t much sympathy with the idea that all, or the major part, of our troubles are the results of the machinations of unscrupulous crooks. On the contrary, we think we got ourselves into trouble by be lieving that boom times would never end. We mortgaged our homes when it was easy to borrow on them, because it seemed so easy to get the money to pay off the mortgages when we needed it. And when we say "we’* we are speaking of everybody. Big manufacturers and business men were just as sim ple as the smallest. They built up great plants on bond issues, because they could not see far enough a oead to realize that the market for their product was not going to help an growing, but would some day ilack off. We do not think the people who ndulged in what now seem like vild dreams of increasing profits vere dishonest; not most of them, inyway. We think they—all of us —built too much on hope and not :nough on prudent common-sense. \nd, looking back over the history if other depressions, it seems to us that they all happened for the iame reason. Human nature can lot avoid undue optimism when :hings are going well, just as it tannot escape undue fear when ihings are going badly. Just now we are still under the •ule of unreasoning fear. That is >oing to delay recovery, until the •ays of hope which are beginning to appear on the horizon g^ow irighter. Then, as we recover from lur fear we shall go on again, with ncreasing hopefulness, to another boom, and that in its turn will col lapse and ruin millions who have not tempered their optimism with taution. That is human nature. CONSOLIDATING FARM CREDIT So far as the first step in the new Administration’s program of assistance to agriculture goes, we do not see how anybody can quar rel with it. It consolidates the Federal Land Banks, the Federal Intermediate Credit Banks, the Farm Board, the Farm Loan Board, the Crop Production Loan Office., the Seed! Loan Office, and the Re gional Agricultural Credit Cor porations into one agency. Most people did not even know that there were so many Govern mental sources from which farmers could borrow money. We must agree with Mr. Henry Morgenthau, Jr., who is the new chairman of the Tederal Farm Board and will manage this whole business of farm loans, that the old system, was too complicatd and expensive and that the average farmer in need of fin ancial assistance hfap not knlown where to apply, and often had to deal with many agencies at widely scattered points, instead of having til of his troubles attended to in ane office. We understand that no new form of farm credit is provided for, merely the centralization of idministration of all existin'grkjnds of credit. These include long term mortgage loans, short term crop loans, loans for the purchase of seed and emergency relief loans, besides loans to cooperatives. From all we can learn about Mr. Morgenthau,. who has become the big boss of farm finance, he is a good man for the job. His early training in finance was under hi.' father, who made a fortune in business and was President Wilson’s Ambassador to Turkey. The younger Morgenthau was in the real estate business in New York for a time, but went into farming on a large scale. He has a-1,400 acre dairy and stock farm in New York state, and for several years has been the publisher of one of the large farm journals, the American Agriculturist. With the new set-up and the ad ' ministration of farm credit in com petent hands, it looks as if every real farmer who has a real need for a loan and can demonstrate that he is capable of paying it off in time ought to get the relief he desires. IT WOULD not make v * * * VERY MUCH difference * * * IF WE did mention a * * * * NAME OR two but since * * * THAT IS against our * * * RULES, WE’LL omit them •* * * TODAY AS per usual. "Whit * » * HAVE YOU been doing, * * * ELLEN?” ASKED the mother a- * OF A certain little girl. * * * "ROVER’S EATEN my dolly’s * * * SLIPPERS, SO I’ve been *• * * PUNISHING HIM,” was little * * * ELLEN’S REPLY. When her * * * MOTHER ASKED how she * * * HAD BEEN punishing old »• JS- «• ROVER SHE exultingly replied, # * K "I’VE BEEN out to his box AND DRINKED his milk.” * I THANK YOU. COMMENTS HF. ISN’T ALONE, A WHOLE NATION IS WITH HIM To The Editor: Some people are wondering how Mr. Roosevelt could make so much headway in such a short time. Well, "he travels fastest who travels alone.” —F. V. STOP GETTING UP NIGHTS Physic the Bladder With Juniper Oil Drive out the impurities and e» cess acids that cause irritation, burning and frequent desire. Juni p r oil is pleasant to take in the form of BUKETS, the bladder physic, also containing buchu leaves, etc. Works on the bladder similar to castor oil on the bowels. Get a 25c box from any drug store. After four days if not relieved of "getting up nights” go back and get your money. If you are both ered with backache or leg pains caused from bladder disorders you are bound to feel better after this cleansing and you get your regular sleep. Purcell Drug Store says BUKETS is a best seller. SPECIAL FOR EASTER Seedless Oranges Seedless Grapefruit Colored eggs for sale by the dozen. FULL LINE OF FRUITS D. C. DEADMON FRUIT STORES Next to Wachovia Bank Next to Maynard Music Co. W. T. Burke W. T. Burke, well known bu.i less man and citizen, and native of Salisbury, died suddenly Tuesday night at 9:30 o’clock from a heart attack. He was found dead beside his car on the Lincolnton road near Town creek. The funeral was held Thursday morning at 11 o’clock at the Fust Methodist Church, Dr. A. L. Stan ford officiating. The active pall bearers were rpembers of the local Andrew Jackson and other Ma sonic Lodges. Members of the Ma sonic lodge, with which he was ac tively associated, were in charge of the graveside services. For the past twenty years Mr Burke was associated wich the Salisbury Cotton Mills, in an x ecutive position, and was beloved by all who knew him. The deceased is survived by his widow, Mrs. Annie Harr’son Burke, two sons, W. T. Jr., and Claude Murray Burke; three sis ters, Mrs. Lillie B. Sloan,'"of Rowan County, Mrs. Josie Tipton, of El Paso, Texas, and Mrs. Lucy W. Murray, of Salisbury, and also two grandchildren. Mistress—Dora, has my husband been very unhappy while I was away for a month? Servant—Well, ma’am, at first he was in fine spirits, but toward the end of the time he got less cheerful, and yesterday he was the bluest man I ever saw. Nowr Le m me Tell You SOMETHIN’, — IF YOU know What’s Good For.You, You’ll STAY OUT OF BAD Company in the FUTURE' \ OH,- THERE’S TUBBY BEER BACK FROM TH’ REFORM SCHOOL / U’S G IT Hold of Hu*/ j BELK-HARRY COMPANY | | Men! Get Ready For Easter! | SH1KTS The new stripes, solid colors, fancy and white. Two collars to match or collar attached 98c Others at 48c and $1.50 New Suspenders and Garters For sport and dress wear 48c Others at 25c to $1.00 $1.00 Silk Ties Non-crushable—will hold itheir shape. Specially priced at 85c Other Ties at 18c, 48c, 69c Sox All new patterns and solids 25c Others at 10c, 15c and up. Vai* (fv? These “Depression” Prices Make It If , Easy For You to Have New Clothes si? Young Men’s Suits j Basket Weaves, Serges, Cheviots, Blues, Tans, Greys, etc. II Others at $8.45 and $12.50 gif SUITS FOR MEN I In the best weaves and twists. Light and dark colors S d* 1 O CA Others at $9.95, §& $14.95 . I One Lot Men’s Suits