Newspapers / Carolina Watchman (Salisbury, N.C.) / Nov. 3, 1933, edition 1 / Page 2
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Carolina Watchman Published Every Friday Morning At SALISBURY, NOR'TH CAROLINA -s E. W. G. Huffman, Publisher A. R. Monroe, _ Business Mgr. SUBSCRIPTION RATES Payable In Advance One Year__ $1.00 Three Years_$2.00 Entered as second-piass 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. From the retailer’s standpoint, September opened fairly well and! clpsed better, according to Dunn1 and Bradstreet. The upward trend has become better established, and consumer buying, long lagging, is more vigorous. Consumer re sistence to increased1 prices is not especially noticeable. It is an in teresting fact that the market for high-grade furs and' silks is expect ed to be the best in some years. Other fields where the experience is favorable, include shoes, milli- , nery, jewelry and men’s clothing.1 A number of woolen mills have . booked orders that will keep them busy to the end of the year. In the women’s wear field, the in crease in demand for sports outfits is rising in direct ratio to the de crease in working hours. j ( -Il The Federal government has started and planned an aggressive drive for credit expansion. The C drive takes many forms. One is renewed efforts to open banks S which remained' closed after the „ banking moratorium. Another is ^ to make possible greater credit freedom in banks which are open Due are still operating under re strictions. Another is to increase potential bank credit through open market purchases by the Federal Reserve. The public works pro-J gram enters into it, as does the proposal to bolster basic industries with government loans. This last ' has already been done in the case of the railroads; it will very likely , be extended to other industries in the future. I ^ During the last half-year busi- | ness production has shown steady , and sharp rises Between March and September, according to a New ( York Times graph, the general ba- , rometer went from about 60 to 79, the high of 87 being reached , in mid-July. On the other hand,', the amount of credit available for ' financing this production has i changed very little. In March it ] stood at 16 billions of dollars, and ! in September at 16% billions. ] Where production has jumped a 1 third, credit facilities hiave risen1; only about 3 per cent. The im portance of credit is well illustrat-j ed by the fact that in this country. I in these days, the normal amount 1 of bank credit outstanding is $50,-^ 000,000.000, iwihile the total money^ in circulation is but $5,500,000, 000. While this credit drive faces many problems, there is a strong belief in many centers that it will be able to loosen credit to the point where any other means of inflation] wdl be unnecessary. THE NEW ERA IN HOME BUILDING From the standpoint of today’s homebuilder, the depression has' produced one good result. According to a news item from Seattle, building has acquired a new! status in the last three years.' Architects and contractors agree] that it will never go back to the] old basis. The principal change has been in the degree of discrimi-j nation developed by the prospective builder and buyer. He may be buying a very inexpensive place— but he has learned to demand beauty and artistry and good work manship and materials. It is doubtful, as the news item observes, if the old jack-knife carpenter and the contractor who threw up a number of jerry-bult homes as a speculation, will have a place in the new order. What is true in Washington is true, to a greater or lesser degree, elsewhere. I There has never been a better time for building a new home or rebuilding the old one—never :a time when we could get so much, both in materials and in expert ad-] vice, as at present. The buyer’s market still exists—the price rises that have occurred recently are as nothing to the price rises that are coming. Your local dealer and contractor | can tell you the whole story. Call an him—and get in on the ground floor of the new era in home build-' ing. " I NO INDORSEMENT OE COM MUNISM In announcing that he has open id negotiations with the Soviet government of Russia lobking to-! ivard eventual "recognition” of :hat nation, President Roosevelt foes not, as we understand it, in lorse or advocate a Communistic :orm of government. He recog- 1 lizes the fact that for sixteen years :he Russian people have been de veloping a new form of govern nent, that that government has^ urvived and is apparently strong j nough to continue indefinitely,^ nd that it is the Russian people’s 5 iwn business as to what form their ( ;overnment takes. In its early days the Soviet ex-,i eriment was accomplished by loudi 1 hreats of world devolutos. We - mderstand that those threats were ‘ argely due to the belief that a ^ Capitalistic world would not tol- 1 rate a single Communistic exped ient, and that in order for it to c ucceed it would be necessary tod onvert all the rest of the world. [ he Soviet leaders have learned dif- - erent by now; they have discover- ( d that the rest of the world.] oesn’t care what they do inside j a heir own nation. Little is heard ^ hese days of the danger of the * pread of Communism. I It seems td us that it is reason- , ble for the United States to rec ignize the right of Russia to be onsidered a -world nation as it is 1 o regard Italy, under a dictator, 1 >r Japan, under an absolute mon- 1 <rch, as having equal rights with ; •urselves. None of them has our orm of government but we would >e last to try to impose our ideas ipon them. Recognition of Russia ought to •pen up trade channels which are low impeded, and create a much nore friendly feeling among all - he nations. To be sure, there are everal other matters to be settled. | X^ill the Soviet government recog- ; lize the debts owed by the old ; Russian government to the United 1 itates, and restore the American 1 iraperty which it confiscated? ["hat and other questions need inswering before recognition can , )e generally acceptable. i rote Al d — OIL — / 7 GAS EDSPlVEW 1$ THE K.IHD OF A FELLER “THAT USES THE DOOR OF OPPORTUHITY AS AH t*lT * WE WOULDN’T say for * * ' A A MINUTE that the a a a EDITOR IN this story a a a IS THE editor of this a a a ■ WORTHY HOUSEHOLD organ, * * * BUT WE may as well be a a a FRANK AND say that it — a a a SOUNDS VERY much like a a a HIM. "Wc don’t print a a a ANY SUCH stuff as that”, a a a SAID THIS editor, loftily, a a a AS HE handed back the POEM TO the poet. "Well, a a a fOUVNEEDN’T be so HAUGHTY ABOUT it,” a a a RETORTED THE poet. * t> if 'YOU’RE NOT the only * * * 3NE WHO won’t print it.” * Jfr :!• THANK YOU. Six Women Write Books Six women who figure in the toliticai activity at Washington vill appear as rivals on book store helves when the autumn lists are ut. | A serious volume by the wife f the President, "It’s Up to the ^omen,” is arousing keen interest, frs. Harold L. Ickes, wife of the ecretary of the Interior, has dug' 'eep in her knowledge of Ameri an tribes for "Mesa Land, the fistory and Romance of the American Southwest.” JFrancef1 ; Parkinson Keyes, wife f Senator Henry W. Keyes, of sTew Hampshire has produced the nly fiction in the group in Senator Marlowe’s Daughter.”! ’he sister of former Vice President Curtis has written "Dolly Gann’s look,” and Alice Roosevelt Long /orth’s contribution is "Crowded fours,” both volumes of reminis ence. "Inside the White House” is' ratten by Mary Randolph, one ime secretary to Mrs,_Coolidge. j As a result of general improve-1 ncnt in business conditions postal eceipts are expected to wipe out: he deficit for the first time in 14 rears. 1 THIS WEEK IN WASHINGTON {Continued frc-m Page One) world it may have come to at the time. This program appears to be Mr. Roosevelt’s answer to the inflation ists c<n the one hand and the con servatives on the ther. Instead of turning the printing presses loose to manufacture more paper money for the sake of raising dollar prices, and also instead of sitting tight and '.etting the recovery program work out through the slow natural opera tion of the law of supply and de mand. he has taken a middle course which, as has been said, appeals to the more statesmanlike of his friends and critics alike, as highly sound and intelligent and probably certain to accomplish the result de sired as safely and as speedily as that can be done. Learned Prom British Credit for this solution of the mcney problem must be given, ob servers here believe largely to Pro fessor O. M. W. Sprague, financial adviser to the Treasury. Almost alone among those high in Admin istration circles, Professor Sprague understands internatoinal finance as well as domestic monetary affairs. He served for several years, al though an American, as economic adviser to the Bank of England. In ‘that position he became aware of the methods used by the British to control world prices to their own advantage, and was able to show how the United States would con tinue to get the worst of it unless we took a leaf our of London’s book. Disappointment at the failure of NRA to bring about miracles over night is being somewhat tempered by the growing acceptance of the major recovery program by busi ness interests, who are finding that there is more value to themselves and to everybody else in cooperation than unrestricted competition. When the President said the other night that it might take two years or three years to restore the nation to a state of reasonable and perma nent prosperity, he was reflecting what experienced business men rea lize, what some of his advisers have overlooked. CASHIER’S ADVICE SAVES MAN $2,000 Worcester, Mass.—Taking the advice of a teller in the bank where he had a savings account saved Vasil Poutilin $2,000. When Poutilin made out an ordbr to withdraw the money, tlijei teller asked him why he wanted it. Pou tilin said he wanted to give the money to three men as bond for a janitor’s job. The teller advised him to investigate. He did and found it a fake. Why Managers of Lady Base ball Players Go Crazy. Organizer of First Feminine Team Tells of| Their Fights, Courtships and Other! Peculiar Troubles in The American Weekly, the Magazine Distributed With Next Sunday’s Baltimore! American. Buy it from your fav-| orite newsboy or newsdealer. ofiUCfbAKTOM 1 ‘ Writes o/>“THE~^MASTER EXECUTIVE** Supplying a week-to-week inspiration for the heavy- burdened who will find every human trial paralleled in tne experiences of "The Man Nobody Knows." :he last temptation j See, Jesus rises in his place at the ast supper. He speaks, this proud 'oung man who had refused to be . king and1 now is to die with com non thieves. And these are his vords: Let not your heart be troubled. I have overcome the world. Thre is nothing in history so najestic! Already one of his dis tiples had slipped away to betray lim. That very night the soldiers vould take him, bind him, throw lim into prison. The priests and Pharisees whom he had1 taunted ivould have their turn to taunt lim now. He would1 be harried through the streets like a haunted :hing, the butt of every corner oafer’s test. All this he anticipat :d, and with the vision of it fresh lefore his mind, he lifted his head ind looked beyond, into the far dis tant ages. "Be of good cheer,” ne said to them, in tones whose splendor thrills us even now. "I iiave overcome the world!” They went out into the garden svhere so many of their happy hours lad been spent. The very air was fragrant with their most sacred tonfidences. Under this tree they fad gathered for worship, while the setting sun gilded the towers if the city; in the waters of that irook they had found refreshment; to left and right of them the very stones cried out in heartrending I reminder of the days that were gone. Even at that hour it was not too late for him to have saved his life. Suppose he had1 said to him self: WVI have delivered my mes sage faithfully, and it is no use. Judas has gone already to bring the soldiers; they will be here in half an hour. Why should I stay and die? It is only eighteen miles to Jericho, bright moonlight and down hill all the way. Our friend Zacchaeus will be glad to see us. We can reach his house by daylight, rest to morrow, cross the Jordan and do useful work the rest of our lives. The disciples can fish; I can open a carpenter shop, and teach in a quiet way. I have done everything that couldl be expected of me. Why not?” It was all perfectly possible. The rulers in Jerusalem would have been i glad to be rid! of him on such 1 terms. He might so easily have continued on down the hill to peace and comfortable old age—and ob livion. It was the last great, temp tatoin and decisively he dismissed it. He walked ahead in silence, followed by the eleven—for Judas was with them no longer—and coming to a quiet' place, left them while he went away for his last hour of high communion with his Father, God. The Guardian of Liberty == By Albert T. Reid ! THE PRESS OF THE NATION i H'llllll.l 'I —• Oar biberty de pends upon the freedom of the press, and that cannot be {unit ed without being lost” - o J ©,„£-_ Warns Cyclists To Obey Rules Must Observe Traffic Regulations To Avoid Accidents, A. A. A. Says. Washington—Revival of the bicycling vogue has prompted of ficials of the American Automobile association to warn "bike” riders! that their own safety demands an increased respect for traffic regu-i lations. | A statement issued by A. A. A., headquarters! says, "No one will discourage those seeking the health-’ ful pleasure offered by the bicycle, but riders must realize that, unless they volutarily abide by reasonable restrictions, 'the growing list of! accidents will force authorities to include cyclists within the scope’ of vehicle laws.” On the basis of a survey made by safety^ and traffic engineers, association officials report that bi cyclists are subject to the usual rules for vehicles in less than half of the states. They urge, how ever, that riders volutarily abide by the traffic laws, crossing con trolled intersections in the same manner as automobiles, obeying stop Signs, and riding on the ex treme right side of the road. CARNERA HAD TO PAY SEE LOUGHRAN, SHARKEY When Champion of the World Primo Camera attended the Shar key-Loughran fight in Philadelphia recently he had to purchase a ticket just like the rest of the fans. Usu ally it is customary to pass the champion through the gate, but in Prime's case he was in badi with the promoters and they would1 ex tend him no courtesies. The pro moters claimed the big heavyweight did not live up to a past agreement. BURGLAR FINDS HIMSEJJ' TOO BUSY FOR MARRIAGE At the hour he was scheduled to marry Miss Violet Karnowski, of Detroit, Bankus Bolus was in the county jail at Mount Clemens, Mich., on a burglary charge. Bolus, accused of looting the Breitmeyer Golf Club and escaping with equipment valued at $13 8, was on parole from an Iowa prison, where he served three years of a 1 $ -year sentence for burglary. —Buy In Salisbury— Lady Took Cardui And Got Rid of Pain In Her Side “Last summer, my health was bad, so I began taking Cardui,” writes Mrs. H. E. Slaughter, of Norman, Okla. “My mother had given me Cardui in girlhood, so naturally I turned to it when I felt I needed it. I felt run-down and a general weakness. I had bad, dizzy head aches -when everything would seem to dance before my eyes. My right side pained me so much, but since taking Cardui the pain has left me. I have taken several bottles of Cardui and have improved a great deal.” Cardui is sold at drug stores here. WOMAN FOUND STARVING HAS $69,000 IN BANKS A purse containing $147.75 in cash and seven bank books, indi cating that she had deposits of al most $60,000 in New York banks, wlas carried by a half starved woman who collapsed in a Manhat tan department store a few days ago. The woman was identified as Emma Flannigan, 60, homeless. Clerks saw her wander into the store. She wore shabby clothes and shuffled up an aisle on low shoes with worn heels. Moving as if in a dlaze, she turned into another aisle and suddenly sank' to the floor. Dr. Murphy, of St. Vincent’s hospital, attending her, diagnosed the case as "malnutrition, a mental case.” Black-Draught Clears Up Sluggish, Dull Feeling “I have used Thedford’a Black Draught for constipation for a long time, and find it gives relief for this trouble,” writes Mrs. Frank Champion, of Wynne, Ark. “I think it is good for spells caused from gas on the stomach. If I get up in the morning feeling dull and sluggish, a dose of Black Draught taken three times a day will cause the feeling to pass away, and in a day or two I feel like a new person. After many years of use we would not exchange Black Draught for any medicine.” P. S. — If you have Children, give them the new, pleasant-tasting SYRUP of Thedford’a Block-Draught. JUST INSTALLED LATEST MODEL FRANKE STERILIZER Every renovating job gets a thorough Sterilization for 1 hours time. TAYLOR Mattress Company _PHONE 6_ FOR SALE Small and large farms. Buy the 1 one you like best. E. E. BARRINGER 220 West Monroe Street Salisbury, N. C. RADIATOR LEAKS ARE DANGER SIGNALS When a leak appears in your radiator, don’t delay repairs. may tc suit in expensive damage to your engine. Bring your car to us for immediate attention. We are r » diator specialists. Re pair leaks; Pre vent overheat- . mg: i uuubii cure replace ments! EAST SPENCER MOTOR CO. THE CHRYSLER DEALER Phone 1198-J East Spencer, N, C. [ t. s I I :■ I ■ ------- flrnirnmmmmmrmwflnmwmfflFrfftJimimiATliffnffliiinltinfmt mraBirofi 000.000 improvements just completed. Finest hotel equip, merit and service in Washing, ton. Licensed chauffeur guides furnished; 24 hour service in t ^ fireproof garage. Low rates ' ’ end fine food h restaurants ^ 300 ROOMS ELEVENTH AN D »E' STRE ETS NORTHWEST WASHINGTON DC 11
Carolina Watchman (Salisbury, N.C.)
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Nov. 3, 1933, edition 1
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