PAGE TWO
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THE
CHATHAM RECORD
O. J. PETERSON
Editor and Publisher
SUBSCRIPTION PRICE:
One Year $1.50
Six Months 75
THURSDAY, JUNE 20, 1929
TWO EDUCATORS PASS
In the passing of W. J. Fer
rell of Meredith College and
D. D. Dougherty of the Appa
lachian College at Boone, the
gtate has lost two men who
helped lay the foundation of
educational progress in North
Carolina. The work of the
little community boarding
schools was the leaven that
raised educational enthusiasm
in the state, and prepared a
large group of men and
women not only;to. appreciate
their own slight opportunities,
afforded by the zeal and en
terprise of the sacrificing
teachers of that day, but also
to seek a means of extending
the benefits of education to all
the youth of the state. The
teachers who supplied the
schools when they were pro
vided by the state, in hundreds
of cases, can trace their in
spiration and their prepara
tion to the direct or indirect
work of the pioneer school
men of forty and fifty years
ago, men who set up little
boarding schools throughout
the state and went out and
made personal appeals to the
young people to seek an edu
cation. The work of Ferrell
and Stringfield at Wakefield,
now Zebulon, was of more
far-telling effect than any
work that Mr. Ferrell, who
died after years of service at
Meredith, has done in appar
ently larger fields.
*
-£vi7G£IAL ILLUSTRATED
£
The trouble at Gastonia inj
which the chief of police, O. |
J. Adderholt, was killed and
others wounded, is certainly
most deplorable. The day be
fore that killing "one long edi
torial in this paper was writ
ten, in which it is stated that
the difficulties at Gastonia and
Elizabethton are symptomatic
of more than local causes. The
Gastonia tragedy should add
interest to the discussion of
economic affairs in the article
referred to.
1 _ #
The Record is publishing on
another page an account of
Bertie county’s economical
plan of keeping the county
home and the jail, and com
mends it to the attention of
the commissioners and people
of £hath£m county. The plan
reduces total cost per inmate
of both institutions to $5.00 a
month when investment cost is
counted. The investment cost 1
of keeping the inmates of the
Chatham county home is
double that figure alone. Chat-!
ham will, or does, need a new
jail and if one can be built
and operated in such way as
to reduce the cost of the op-|
eration of both institutions, the
plan is worth considering.
Well, if Sister Hoover likes
colored guests at her tea
parties, the Record will try to
reconcile itself to the situ
ation. Tastes differ, as the
fellow said that kissed the
calf. However,« we are sure
that the incident is not setting
well on the stomach of some
of the Southern Hoover sup
porters. But just suppose it
had been Mrs. Smith instead
of Mrs. Hoover, what would
the anti-Smithites be saying
just now?—Heflin, f’r in
stance?
—
Bishop Hafey is reported as
saying that a million-dollar
school is no assurance that a
pupil will get a million-dollar
education. “The strength of
the school,” says the bishop,
depends on the strength of the
teacher.” Correct; the bishop
is simply saying in another
way what Garfield said when he
said that Mark Hopkins on one
end of a log and a boy on the
other end would be an uni
versity.
—
The administration has made
a gesture at passing a farm
relief measure. It is a law,
but is only lacking the “relief”
feature.
GENERAL ABILITY TO BUY
KEEPS EVERYBODY BUSY
I &-
It has been previously
shown in this series of arti
cles that the sources of wealth
in this country are not only
rapidly passing into the hands
of a small percentage of the
> people, but have already large
» ly passed into their hands, and
that this has happened be
cause of the ability the capi
talists have had, and still
have, to fix profits without
hazard above every conceiva
ble item of cost and of de
terioration. Thus the country
! is steadily being drained of its
i surplus and even of part of
i the capital belonging to in
dividuals into the great streams
i of finance and industry, with
i the result that the masses of
: the people are losing control
; of their means of livelihood,
i and this is rapidly becoming
, a nation composed of a few
employer s and millions of
i hirelings. In the last article
, the protective tariff was as
• cribed as one of the chief
: causes of the amassing of the
i sources of wealth of the whole
• people into the hands of the
few.
Yet the difficulty of discon
tinuing the protective system
was recognized and it was
argued that, in view of that
difficulty, it is necessary, in
order to restore the balance,
to counterbalance the tribute
being exacted from the agricul
tural element and those whose
.'prosperity is dependent upon
| the prosperity of the farmers,
by such a scheme as that of
the debenture, killed by the
house of representatives at the
instance of President Hoover.
It was conceded that the de
benture is pure class legisla
tion,Hbut it was contended that
the protective tariff system is
equally class legislation, and
that the former is essential to
correct the ills produced by
the latter. Yet Congress re
fuses to pass a debenture aid
to agriculture, but is proceed
ing to raise the tariff rates on
manufactured goods, on the
'assumed grgunij that the pro
tective tariff has been the
cause of the unparalleled de
velopments in this country.
Such an assumption disre
gards the existence in a virgin
state of unparalleled natural
resources for the exploitation
of a people of robust strength
and untrammeled by European
conditions. And this develop
ing people were confronted
with these virgin resources just
at the time that modern in
dustrial methods had gained
sway. The tariff had nothing
to do with the existence of
the great coal fields, the wa
ter powers of New England
which were first utilized for
power for operation of fac
tories, the cotton fields of the
South, the great ore beds of
the country, the vast grain
lands of the west. Nor was
the tariff in anywise responsi
ble for the idea of laying pipe
lines to convey oil, for the
methods of converting iron in
to steel, for the inventions of
an Edison, the supremacy of
a Ford. Given the resources
i in excess, a population of initi
-1 ative, and these ,at the oppor
tune stage of development of
industrial methods, and the
country could not fail to de
velop. Hence, it is only as
sumption that attributes the
prosperity, or rather the mar
velous developments of re
sources, in this country to the
operation of the protective
tariff system.
It is as easy to assume that
the country has developed de
spite the protective tariff as
because of it. And the form
er assumption would be con
firmed by the experience of
England under a free trade
policy. At the beginning of
the Revolutionary war, Adam
Smith published his “Wealth
of Nations.” / Manufacturing
had already attained consid
jerable headway iff England,
• but the developments which
I were to make Great Britain
the workshop of the world for
| a considerable period may be
| ascribed to the publication of
! that treatise and the adoption
of its principles by William
i Pitt, though the latter, as
Green tells us, was handicap
ped in the application of the
principles of the “Wealth of
Nations” to economic condi
tions in Great Britain by the
“ignorance and prejudice with
which he had to contend”, and
THE CHATHAM RECORD, PITTSBOROV N. C.
by the conviction of the trad
ing classes that “commerce
was best furthered by jealous
monopolies.”
The economic doctrines of
Adam Smith are thus author
itatively summed up: “Labor,
Smith contended, was the one
source of wealth, and it was
by freedom of labor, by suf
fering the worker to pursue
his own interest in his own
way, that the public wealth
would best be promoted. Any
attempt to force labor into ar
tificial channels, to shape by
laws the course of commerce,
to promote special branches of
industry in particular coun
tries, or to fix the character of
the intercourse between one
country and another, is not
only a wrong to the worker or
to the merchant,- but actually
hurtful to the wealth of the
state.”
The development of the in
dustries of England for a hun
dred and twenty-five years was
based upon these maxims.
They are absolutely opposed
to the principle of the protec
tive tariff, and when the writer
questions the assumption that
the protective tariff is the
foundation of American indus
trial development, he is back
ed by this father of political
economy. However, inventions
and the unbounded applica
tion of power to industry have
so modified conditions that la
bor does not hold the para
mount position ascribed to it
by Adam Smith. Os course, so
long as machinery is not ab
solutely automatic, labor is as
necessary as ever, but machin
ery now does the most of the
work that labor had to do in
Adam Smith’s day, and the
laborer’s task is only to direct
the machine. And that fact
has made a new political econ
omy necessary. But the prin
ciple of non-interference with
the course of trade is unaf
fected, and either Smith was
wrong then or is still right.
And the protective tariff sys
tem has been diametrically
opposed to Smith’s fundamen
tal principles. « - •
But granted that the pro
tective tariff system did.enable
American manufacturers to
gain the American market ear
lier than it otherwise would,
the time has come when prac
tically every industry has a
surplus above the American
demands, and the prosperity
of the industry depends upon
finding a profitable market for
the surplus. Not to sell the
surplus is to cut down produc
tion and to throw labor out of
employment. To sell it for
less than cost is to further ex
ploit the unrelated elements
of the population for the safe
ty and profit of the industrial
ists and their employees—a
further exploitation of the re
sources of the agricultural ele
ment and the elements of pop
ulation so related to agricul
ture as to rise or fall with the
prosperity or impoverishment
of the farmer.
The proposed new tariff bill
clearly seeks to increase do
mestic prices of manufactured
goods, not in order to shut out
I imports, but to increase profits
to such an extent that the
plants may be operated on a
smaller scale or the manufac
turers be enabled to run at
full tilt with the assurance
that profits on domestic sales
will enable them to sell their
surplus in foreign markets in
competition with the so-called
pauper labor products of Eu
rope.
The South gained its indus
trial momentum after the man
ufacturing industries were
firmly established in the North,
and its competition with the
established industries of the
North was practically as in
tense, with both under a pro
tective tariff, as that of the
whole country would have been
with the established enterpris
es of Great Britain, with both
countries having free trade, or
a tariff for revenue only. But
! granted that America as a
1 whole is richer through the
operation of the tariff, the
thing the people are concern
r ed with is the average welfare.
"Whether the tariff has made
America the industrial coun
try it is, is questionable, and
even very doubtful; but even
the proponents of the protec-,
tive tariff theory would hardly
deny that it has helped to
bring about the great accum
ulations of capital that have
so far dispossessed the aver
age man of the control of his
own means of livelihood. The
increased wealth of the coun
try because of the tariff, if
any, has been largely appro
priated by the capitalists. The
owners of the factories of the
country, as a rule, have grown
richer; but it has been a hand
to-mouth process of living for
the employees. A • strike in
any factory will make the fam
ilies of employees objects of
charity within three months at
the most, usually three weeks.
Os course, the exceptional fail
ure is to be taken for granted.
Poor judgment in locating a
factory, bad management, at
tempts to popularize impossi
ble articles, and many other
things, including changing cus
; toms or fashions, have caused
failure. But under normal cir
cumstances, the protective tar
iff has usually assured a profit
that played its part in the de
. velopment of the great for
tunes, which in turn have
i through interest or investment
followed by other profits,
pushed on the snow-ball pro
cess which is accumulating the
• wealth of the whole into the
hands of the few. With world
competition precluded and
with actual or possible price
fixing in accord, the profits
have been both certain and
; large, as the transfer of the
wealth from the many to the
few is in itself evidence.
The wealth has been cre
ated, but it belongs to the
few, and the many, however
comfortably they are living,
are living on a hand-to-mouth
basis. But as suggested be
fore, there has been the large
unorganized agricultural class,
with its related elements, to
exploit. But that exploitation
will early have run its course
if the exploitation cannot be
stopped.
But if it shall be stopped,
either the factory workers or
the manufacturer themselves
must lose the usual win
nings from their former vic
tims. Yet the advantage to
industry will counterbalance
the loss. The chief trouble
right now is the lack of buying
poWer throughout the world.
The high prices charged the
exploited groups under the
tariff have curtailed consump
tion on their part; while the
disregard of the tariff system
for the welfare of the peoples
of other countries has helped
to keep down production in the
world as a whole, with the re
sult that it is impossible to
sell surpluses in other coun
tries at a profit, if indeed for
cost. The world still needs
billions of dollars worth of
American goods that it cannot
buy, and in a measure because
of the fact that American con
sumption of the products of
other countries is not what it
should be for the physical
well-being of Americans as
well as for the encouragement
of production in* those coun«r
tries with its consequent . in
crease of trade with America.*
Even here in Chatham county
there is need today for a mil
lion dollars worth of new
homes and furniture, textile
and food, which our people
are unable to buy.
Suppose that the debenture
, scheme were in effect and
. $50,000 should as a conse
; quence be added to the in
: comes of Chatham county
■ people. It is readily seen that
• the most of it would be spent
for goods, thus enlarging the
demand and giving work to
. people who are now not use
fully employed, who them
selves would then become
larger consumers,
j What is needed is for every
body in the world to be use
! fully employed and able to ex
! change his product for what
. he needs of the other man’s
. product. In that case, poverty
i would be banished. And cer-
L tainly it is not an inconceivable
. thing for everybody to be eiirir
ployed. But so* long as free
> exchange of goods is forbidden
; by tariffs, so long must many
fail to produce what they
might and as many fail to
secure what they need for
. their general welfare.
If, as granted, the tariff
under the circumstances can
not be safely discontinued, and
if it is one’ of the instruments
which have helped to transfer
the sources of wealth of the
whole country to the hands of
a small proportion of the
people, while the masses have
become hewers of wood and
drawers of water, a policy T)f
gradual reduction, accompa
nied by a counterbalance, such
as the debenture aid proposed
for agriculture, should be
adopted.
On the contrary, we see the
debenture plan killed by Mr.
Hoover and his Congress,
while preparations are being
.made for a lift of tariff rates
to a level never known before.
The farmers have asked for a
loaf and they are receiving
a stone—biff!
A strange idea our states
men have—that the robber
can steal more and by some
process the robbed can become
richer!
*
Self-restraint and self-con
straint are two of the greatest
qualities of character. Yet the
educational processes of today
'seem to disregard them. Self
expression (whatever the self)
is sought as ah end. On the
other hand, every task must
be made pleasant. Self-expres
sion unlimited in the child de
stroys self-constraint; while the
sweetening of every task be
gets anything else than a will
ingness to constrain one’s self
to the distasteful or difficult.
There would seem little rem
edy for lack of self-constraint.
It is too difficult a task to
make folks do things; but in
the case of lack of self-re
straint, there is a possibility
of applying other restraint.
Maybe you cannot make the
horse drink after you have led
him to water, but you can
keep him doing a lot of things
he would like to do. And that
seems to be the situation with
society now. Family and state
must lay heavy restraint upon
those who have been so unfor
tunate as to deem that their
will and their whims are right
because they are their will
and whims. Every child should
be taught to keep from doing
some things even if there
should be no harm in the
things per se, and to be con
strained to do some distaste
ful, but useful, things. The
old Puritan customs made'
character, as foolish as were
some of the blue laws, and
the hard lines of the pioneer
families helped. Self-constraint
and self-restraint would solve
the problems of this, or of
any, country.
Congressman George Pritch
ard got in the neck—he wasn’t
invited to Mr. DePriest’s musi
cale, he and Vestal of Indiana
being the only Republican con
gressmen slighted. The latter’s*
wife is alleged to be busying
herself in an effort to have
Mrs. DePriest blackballed by
the congressional club. Mr.
Pritchard, it Is remembered,
wouldn’t have an office assign
ed next door to that of the
colored congressman.
<e>
Our friend and former
school boy, Herbert Peele, pdi-,
tor of the Elizabeth City Ad
vance, seems to have made a
most excellent host for the
press association last week.
Our chiefest regret at not go
ing was because of the fact
that the meeting was at Her
bert’s home. By the way, he
was elected vice president of
the association and should be
in line for the presidency next
year.
Eight “farmers” are to get
theft “relief” by' appointment
to the farm commission pro
vided for by the law last week.
The jobs carry a $12,000 sal
ary. Those fellows will be
tickled, but we haven’t seen
any Chatham county farmers
laughing their heads off about
the passage of Mr. Hoover’s
farm relief bill.
$
If the Democratic party is
to be sc close corporation, too
good for Rascob or Smith, let
it die—or rather bury it, for
it is already dead. The South
ern tail, likely to be trimmed
of part of its electoral weight,
need not expect to wag the
national dog.
<£
The recent White House tea
party may go down in history
with that of Boston.
Necessity supplies courage
to the most timid.
666
is a Prescription for
Colds, Grippe, Flu, Dengue,
Bilious Fever and Malaria
It is the most speedy remedy known.
THURSDAY. JUNE 20. iflgo
i*************
: WANT ADS •
BUY THE BEST—A Goodyear Ti™
from R. J. Moore & Co. Ire
R. J. MOORE & CO., Bynum,
selling sugar cheap.
YOU CAN BUY nice fresh fish TuJJT
days and Saturdays at R j
Moore’s, Bynum, for 7 cents a
pound.
LAKE WACCAMAW:
tages rented by the week. For i n *
formation, write Oscar
Whiteville, N. C. gn>
LARD, best compound, 1214 c- oatT
$3.00 a bag;
bag; sugar $5.25 a hundred. Other
prices in accord. Poe and Moor*
Pittsboro. *
AUTO TIRES are cheaper at C. £
Durham’s. You can buy a Com
mander tire, 30 X 3 % for $4.95
and tube to match for SI.OO. ’
FLOUR is real cheap. We can sell
you self-rising flour for $6.40 and
guarantee it. Gome and give us a
trial. C. E. Durham, Bynum.
USED CARS are always reasonable I
m price at Weeks Motor Com nan v
GUARANTEED FLOUR $7.00 a bar"
rel, also Ship Stuff $2.25 a bag at
C. E. Durham’s, Bynum.
WHOLE JERSEY milk—ls
quart delivered anywhere in
boro early in the morning. Lexie
Clark.
DON’T GO ASTRAY with yow
Model A. We keep mechanics who;
absolutely know how to service
the car. Weeks Motor Company.
NEW GOODS being shown daily at
Hall’s. You should see their shoes,
dry goods, and ready-to-wear
prices.
SELL YOUR TIES and cedar logi
to W. C. Johnson.
FOR SALE: 41 acres land in Bald
win township near Mt. Pleasant
church. Will sell at a bargain and
give terms to right party. Zeb H.
Lynch, Rt. 3, Mebane, N. C,
TIRES: 12 months’ unconditional
guaranteed. New Ford sizes, tire
and tube, $ll.OO. Weeks Motor
Company.
HIGHEST CASH PRICES paid for
crossties and cedar posts. You
may measure posts yourself and
be sure you get right measures.
R. M. Connell, Highway 93.
MODERN SHOP equipment; time
saving machinery enables us to
render real service cheaper and
better. Weeks Motor Company.
TRAINED MECHANICS to care for
your car at Weeks Motor Co.
VALUES—YOU will find them at
Hall’s.
CHICKEN FEED, sweet feeds, oats,
etc., wholesale or retail at lowest
prices at Po© and Moore’s, Pitts
boro.
PROFESSIONAL nurse. I am lo
cated- in Pittsboro and offer my
services as a professional nurse to
the people of Chatham county.
Elsie Lucile Peterson, R. N., Tele-A
phone No. 79. "
THE NEW FORD CAR and its serv
ice is what you need. Weeks
Motor Company.
VISIT HALL’S for anything
wish. A complete line to outfit
you from head to foot; at prices,
too, that suit the shrewdest of
value seekers.
UVER SLUGGISH?
HERE’S RELIEF
Free Proof!
Ordinary laxatives, oils, salts, etc.,
may clean you out. But when that’s
done, you’re bad off as before. What
you need; what every bilious, half
sick, headachy person needs is some
thing to start the liver and bowels;
regulate them; make them act nor
mally. That’s what Dodson’s Lever
tone does. That’s why people wbo
try it for constipation, biliousness,
etc., will never use anything else.
Make us prove it. Send for FREE
bottle. Address: Sterling Products,
Wheeling, W. Va.
DODSON’S
For Ladies pure Silk full
fashioned Hosiery, only
SI.OO a pair 'ij
White and all light
Summer colors
For Men, good heavy full
cut $1.50 Overalls, all
sizes, only SI.OO a pair
Lots of other Specials for
all the family. Give us
a call.
STROUD &
HUBBARD
SANFORD, N. C.
—* 4