5c PER COPY $2.00 PER YEAR ENTERED AS SECOND-CLASS MATTER AUGUST 20, 1928, AT THE POSTOFFICE _AT TRYON, N. C. UNDER THE ACT OF CONGRESS? MARCH 3, 1879_ the mm Mir belew The World’s Smallest Daily Newspaper, Seth M. Vining, Editor. Vol. 15. Est. 1-31-28 TRYON, N. C., WED., JULY 22, 1942 CURB REPORTER Weather: Tuesday, 74, 93 . . It has been hotter in Tryon the past few days than we have ever known it, but it has been hot everywhere. Jacksonville, Fla., re ports 105 high. The Lefty Flynns write that it is hot at Sea Island, Ga.Julian B. Hester, chairman of the Polk County War Bond and Stamp committee has been appointed a member of the Regional Victory Fund Commit tee, according to an announcement from Hugh Leach, of Richmond, Va., chairman of the Fifth Fed eral Reserve District Victory Fund committee. This is a recog nition of Mr. Hester’s achievement ■<'^vhe banking business as well as patriotic work in promoting the sales of war bonds and. stamps. As chairman of the Polk County Draft Board, chairman of the air plane observation posts, treasurer of the USO and chairman of the War Bond and Stamp sales drive, he has been contributing much of his time and leadership to help win the war. The purpose of the Victory Fund committee is to give whatever assistance they can to the Secretary of the Treasury in the promotion of the sale of War Bonds in the various states. The job of raising these funds is an enormous task. Seventy-seven bil lion dollars must be raised—much of it from individuals of small income. Soldiers and sailors are _Continued on Back Page_ The Price Situation (Contributed) The Office of Price Administra tion recently allowed an increase in the retail ceiling price at which certain fruits and vegetables can be sold. At the time, Price Ad ministrator Henderson said that he regarded the move as inflation ary in nature, but that it was necessary as a result of Congress’ refusal to grant subsidies to busi nesses in cases where the original price ceilings were not high enough to permit an adequate return. The consumers of this country should thoroughly understand the situation. If the original price order had been allowed to stand untouched, thousands of retail stores in all lines would have been forced out of business—simp ly because they were legally bound to sell some goods at no profit whatsoever, and a few items at an actual loss. And. if these stores are to be kept in business, it will unquestionably be necessary to in crease price ceilings on a consid erable number of commodities, in cluding manufactured goods as well as food. Gasoline provides an excellent example of the prob lem. The necessity for shipping gas and other oil products over land instead of by tanker, has greatly increased the oil com panies’ costs. That increase can be made up in only one of two ways—by government subsidies, or by higher retail prices. . There is much to be said for the subsidy suggestion. It would be temporary, and would automati cally be dropped as soon a« string -- Continued on Back Page_

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