BOOSTERS FOR A GREATER CITY AND COUNTY owa County Herald oldest Paper Published in Rowan County Successors to the Carolina Watchman f FOUNDhO U ;:-1Q)TH YEAR SALISBURY, N. C. FRIDAY, MARCH 19, 1937 VOL. 104NO. 34 F /FTcENTS RAIL PENSION PLAN ADOPTED Railroads and Unions Agree On Payroll Tax Retirement Pension Sys tem Calls for Five Per Cent Payroll Tax MILLION AND HALF WORKERS AFFECTED Washington — The railroads and the major rail labor unions this week agreed upon a 5 per cent pay roll tax to finance a re tirement pension system for ap proximately 1.500,000 workers. Half the tax bill will be paid by the railroads; half by the em ployes. It will replace a similarly divi ded 7 per cent tax provided by the present railway tax act, which] the railroads blocked by a court test of its constitutionality. George ?\f. Harrison, chairman of the Railway Labor Execu tives’ association, and J. J. Pel ley, president of the Association of American Railroads, joined in announcing complete agree ment upon the retirement sys tem. The announcement came as a clamax to long negotiations which resulted from an appeal from President Roosevelt, sug gesting that the railway labor unions and managements confer in an effort to develop a mutu ally satisfactory pension arrange ment. t r—:„ new plan represents an agreement there is little likelihood of a court challenge of its constitu- 1 tionality. Action by Congress will be necessary to put the system into effect. The announcement said ike present railroad retirement act would have to be amended and the new tax substituted for the present one. Provisions of the plan, in ad dition to the tax provisions, were outlined as follows in the joint announcement. '1. All annuities are to be paid out of the United States Treasury. “2. Plan is to be administered to the railway retirement board as now provided. “.3 Method of computing amount of annuity to be paid re tired employes is the same un der the plan as now incorpora ted in the railroad retirement act. “4. An employe is eligible to retire voluntarily upon attaining the age of 65 years, but may re tire at 60 years of age after com pleting 30 years of service w ith a reduction in the annuity at the rate of one- fifteenth for each year he is under 65. "5. An employe can continue to work after attaining 65 years of age but must continue to pay the tax, although he will not be credited with any service earned by such employment after |uly 1, 1937. ‘'6. Plan permits retirement ot employes because of physical or mental disability after 30 years of service with full annuity pri vileges. ‘‘7. Present pension rolls of the railroads are taken over un der the plan. “8. No annuity will be paid to any employe who retires and engages in "regular gainful em ployment" in some other line of work. “9. Provides for death bene fits for a deceased employe’s es tate. “10. '1 he plan effects approxi mately 1,500,000 employes of railroads, express companies, and 't'Heir subsidiaries. Employes of : . railroad associations and of rail road labor organizations, are al so included. Harrison and Pelley emphasiz ed that the agreement provides for voluntary retirement at 65 at the election of the employe. “Persons who are totally dis abled are eligible to retire if they (Continued on page 8) Cotton Textile Mills Are Now At Full Blast Carolinas To Get Federal Road Funds Resigns Air Post r~— * .— -W, JjjglL ..:v to be appropriated as regular Fe deral-aid, 25,000 000 for const ruction of secondary or feeder roads, and $50,000,000 for eli nination of rail hazards. “All of the funds made avail ible to the Carolinas will lie ex pended in accordance with the general plan used in previous Fe ieral-aid highway work. Projects For improvement will be selected py our State highway depart-- : ments, which also will prepare ‘ plans, let contracts and super rise construction—all subject to , Federal approval. “Improvement of secondary ' roads and elimination of rail ha zards with Federal funds were . The apportionments of funds for first initiated as an emergency measure to relieve unemployment these purposes during the next fiscal year are the first to be made as a part of the regular Federal program. Regulations under which the two new funds will be administered are now be ing prepared by the Bureau of Public Roads. “Each State is required to match the funds for improve ment of the Federal-aid system and for secondary roads, but it is not required to match the gra de crossing funds.” North Carolina has been awa rded $4,842,707 in Federal High way funds for the coming year. 21 r. Roberts said. education and fine arts pro-; jects to be continued and improved with a view to developing the hidden crea-, tive talents of all groups of: citizens in America. 9. The program must be a Federal program, since un employment is a national problem and most of our needed public works are! if interstate character, It, will have to be largely fin anced with Federal funds, with local sponsors’ contri-i butions based on their abil ity to make such contribu tions. 10. By and iarge, the pro gram should not be finan red by borrowing, but by equitable taxation on the basis of ability to pay and benefits received. The following members of the House signed the statement: John Lueke, Maury Maverick,; Frank \V. Fries, Vv. D. McFar-; lane, H. Jerry Voorhis, Robert G. Allen, Knute Hill, Walter M.j Fierce, Ed. V. Izac, Jerry T O’-, Connell, John M. Coffee, John! R. Murdock, Clyde Garrett,! Charles J. Golden, Mrs. Caroline O’Day, Charles R. Eckert. ; Editorial Staff of Scarsdale Eagle News SCARSDALE, N. Y. . . . Carl Lirnhacher, Jr., 12 years old, is editor and publisher of the Scarsdale Eagle News, published monthly and on a paying basis for the last year. Peter Ccnese (standing left) is the compositor; James Duff, right, handles sports and writes a column. The plant’s headquarters takes up most of the basement of the Lim bacher home. Two Historical Churches Two of the oldest churches n Piedmont North Carolina are vowerstcne, or Grace Church, vhich is a Reform church and 'rgan Church which is Lutheran Hie two churches are located ibout a mile apart near Rock veil and from the beginning heir history has been, if not in erwined at least parallel. Tradition states that in the larly days the Lutheran and Re form congregations originally worshiped in a union church and hat a quarrel arose resulting in he construction of Lowerstone Church large enought to receive )rgan Church. However, this dory has been discredited al ■ hough the fact remains that the former was built so that the lat er would fit into it. The truth >eems to be that both congre gations did worship in the same thurch but only because there were, in the beginning, so few Lutherans in the community and :hey had no paster. Later, when :heir number increased they de eded to build a church of their vwn and when it was heoiin :heir Reform neighbors determi ned to do likewise, but it was only a spirit of friendly rivalry that prompted them to erect heir church large enough to rontain that of the other congre gation. Of course, the fact that :he Lutherans boasted the only organ in North Carolina, built Oy John Steigerwalt who had earned his art as a boy in Ger many, may have had something :o de with the desire to erect the larger edifice. Lowerstone dates back to 17 50. Th present building occupied oy the Grace Congragation was ouilt in 1795 but for forty years oreceeding its errection a log rhurch had been used. This first rhurch was built in 1854 or 17 55 and was called Hickory' Church. As time went on and the rongregation increased in size olans were made for a iarger and more substantial building. A sixteen acre tract of land was purchased fro mLorentz Lingle for the sum of five pounds, pro rlamation money of the province of Noirth Carolina. This land was a part of a large tract gran ted to Lingle by the Eearl of Granville. The deed was made in February 1774. The present church is built of rough stones which were pro bably quarried from some vein or ridge nearby. The church it self is 40 by 50 feet, with walls twenty-seven feet high and twel ve foot gables. Almost twenty years were required for its com pletion, possibly because the Re volutionary War occurred during that period. The building was de dicated in November 1811 and the sermon on that oceassion was preached by Rev. Andrew Lore tz. The architectural style is cha racteristic of that period. The original floor of smooth stones remained in place until 1871. There are galleries on three sides of the building. The pulpit was the usual wineglass shape jivith an overhead sounding board. Later this was replaced by one of modern design. A belfery and bell were added at a still later date. Over each o f the doors is en scribed a verse in German that translated into English reads: Ovr the South door. To the glory of God has been built, The church which you here behold, By a people who God confess, And name themselves after Jesus Christ; Who are also incorporated with Him, And they call themselves ‘The ; Reformed. ,1795, Grace Church. The end. Over the west door. “Let thy Word in Zion resound, Go with each one, out and in; And when, in throngs, we tread Where the service of God is held, Oh, do Thou bless us, Lord; Grant also faithful Ministers, Who thy word pure with profit teach, And the world to thee convert. Grace Church.” Over the north door. “We go into our house of God IWith heartfelt jo n.y dnai Dml With heartfelt joy, in and out, God permits us still to find The precious treasure, the Word (Continued on page 8) C. W. Roberts Announces Total to Be Given for Fiscal Year Beginning July 1 Washington—Cotton mills in the Carolinas and other centers turned on full steam this week to meet increasing demands in retail and wholesale channels for un finished and finished goods. With cloth prices steadily in creasing, the Bureau of Agricul tural Economics reports in its weekly review that the rate of movement of finished goods in trade channels increased sharply to new highs for the year. Large sales of unfinished cotton cloth were reported for the week. Mills, however, were faced with rising cotton prices as the market this week rose to the high est level since 1930, and the cot ton price average of 14.15 cents on Friday, was 42 cents higher than a week earlier. In a general review of null operations, the bureau said dom estic mills apparently increased their unusually high rate of acti vity early in March, and the daily rate for February was slightly above that for the previous mon th. Indications are that mill buy ing of spot cotton increased dur ing the week with, inquiries for white strict low middling and middling staple lengths of one inch and 1 1-32 inches more nu merous than in any other recent .week. For the week ended March 6, a seasonally adjusted index for domestic mill activity was 136 per cent of estimated normal against 131 per cent in the pre vious week and 102 per cent a year ago. L>omestic mill consumption for February exceeded that for any other February of record. The 644.000 bales consumed in Feb ruary, as reported by the Bureau of the Census, compared with 678.000 bales in January and 516.000 bales in February a year ago, and with an average for February of 510,000 bales for the 10-year period ended 1935. The daily rate of consumption in February averaged 33,600 bales, against 32,700 bales in January, 33.000 in December, and 25,000 bales in February 1936. Total consumption of 4,513, 000 bales during the first seven months of the 1936-37 season was 22 per cent more than the corresponding period in 1935-36 and 11 per cent more than in the first seven months of 1926-27 when total consumption amount ed to ”',190,000 bales, the largest of record. Stocks of 2,056,000 Tales in consuming establish ments on February 28 compared with 1,373,000 bales on the cor responding date a year ago and an average of 1,434,000 bales for the five years ended with 1935. LIQUOR IMPORTS GAIN Washington — The Treasury reported that distilled liquor im jports totaled 1,280,400 gallons jin January, compared with 2 :498,199 gallons in December and '775,805 gallons in January, 1936 For the first seven months of this fiscal year, imports totaled 10, 196,708 igallons, compared with 5,3c38,850 gallons in the corres ponding period a year ago. KENTUCKY S. O. LISTS PROFITS Louisville, Ky. — Net earn ings during 1936 of the Standard Oil Company of Kentucky, be fore deducting Federal income taxes, amounted to $4,435,450 as compared to $2,467,808 in 19.15, President W. E- Smith revealed in the annual report to stockhol ders, i