Newspapers / The Courier (Asheboro, N.C.) / April 28, 1927, edition 1 / Page 2
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ts The Tariff On J Steel, And Farmers Are Footing The Bill Steel Corporation Wffl Profit To Extent Of $19,0)0,000 By President’s Act. This Comes From Pockets Of Farmer President Is Himse'f A Stork holder In The Corporation Which Benefits. Washington, D. C., April 23rd, 1927. —The United States Steel Corpora tion, frequently referred to as the “steel trust”, one of the giant cor porations so tenderly “protected by the Fordney tariff policy of the Cool idge Administration, this week de clared a stock dividend amounting to approximately $203,000,000. During 1926, the steel corporation paid cash dividends of $61,000,0C0, making a to tal of $264,000,000 in cash and stock dividends distributed by the steel trust during the last sixteen months.! During 1926, its net earnings were $117,000,000. | Much of the huge profits piled up by the steel trust, and the enormous j dividends it has been able to pay, has been due to the excessive tariffs it enjoys in the Fordney-McCumber Act. Although it is a giant monopoly, and j not one of the “infant industries” to ; foster which the Republican party , adopted the principle cf “protection ” the steel trust enjoys abnromally high tariff favors which are denied to les ser corporations and other interests j in other lines. Furthermore, Presi dent Coolidge has singled the steel trust out for a very special favor, un der the “flexible tariff” provision of the Fordney tariff act, which gives him authority to raise and lower any duty as much as fifty per cent. Approximately two months ago* President Coolidge raised the tariff on pig iron fifty per cent, or 37 1-2 cents a ton. Immediately the steel trust boosted the price of pig iron 50 cents a ton, or 12 1-2 cents per ton more than the tariff increase. With out this increase in duty, the steel corporation has been able to pile up a surplus that has made it possible to issue stock and cash dividends of more than $250,000,000 since the be ginning of 1926. The additional duty allowed by the President will add not less than $19,000 000 to the already huge profits the steel trust was able to make under the original rates of the Fordney act and that much to the consumers’ load. At least, the propriety of the President granting a tariff favor to the steel corporation is subject to criticism, because President Coolidge is a stockholder in the steel corporation and will profit directly from the tariff favor he has bestowed. It is suggested that if he is going to grant executive favors to the corpora tion, he ought at least regard the proprieties to the extent of disposing 1 of his stock in the corporation. He is in precisely the same position as a Judge presiding over a lawsuit in which he was a litigant. The farming population is approxi-' mately 80 per cent of the total popu- | lation of the country. The farmers,1 therefore, hie paying a large part of the higher prices for products of steel made from the pig iron on which the: duty has been raised. Every plow,: axe or other tool or implement, every j bit of steel used in the construction ' of house, bam or garage, costs the j farmers and other consumers more as a result of this tariff. This added burden, loaded onto the farmer in or der to give the steel trust protection it does not need, and which only swells its profits, increases the load under which the farmer is already staggering. While the steel trust was making these huge profits, during the twelve months ending with March 15, i 1926, 123,000 farms in the country j were sold under foreclosure, while 170,000 other farms were sold by vol untary sale. Many of the latter were sold at severe losses, because the farmers, under existing conditions, had not able to make them pay j 'and were unable to carry out th# load, any longer. During last year, ac cording to the Department of Agri culture, the farm population of the country decreased by 640,000 persons, the greatest desertion of the farm with a single exception in more than a decade, while 1,000,000 fewer per sons are living on farms now than in 1925. in which Despite the very deplorable situa tion of the farmers, despite the fact that only such giant monopolies as the steel trust and the aluminum trust, owned by the family of Secre tary of the Treasury Mellon, are mak ing large profits and enjoying the so called “prosperity”, the President, un der the great grant of authority con veyed to him by the Fordney-McCum ber tariff act, increases the expenses of the farmers and of consumers gen lly, bestows an added favor on the sady highly protected steel trust, I increases its opportunity to add already stupendous profits, and does this for a corporatioi he is a stockholder. The farmer’s bankruptcy <uiu — eel trust’s prosperity are typical of « “CmIhIk nnumeritv” of which It is with pride this newspaper i«i> week introduces to its readers, Mr. Albert T. Reid, All American car toonist, whose cartoons will appear regularly in these columns every week. We are confident his work will win quick favor. Two Recent Deaths In Bennett Section Mrs. Herbert Phillips And In fant Of J. R. Wilkins Have Passed Away. Bennett, April 25.—Newlin Purvis who was operated on for appendicitis at the Memorial hospital, Asheboro, j last week, is improving. Mrs. Herbert Phillips, daughter of j the late Newton Brewer, died at her j home here Sunday moming following a long illness. Funeral was held to day from Fall Creek Baptist church of which she had long been a member. The infant child of Mr. and Mrs. J. R. Wilkins died Saturday and was buried at Antioch church Sunday af ternoon. Rev. E. A. Livingston con ducted the funeral service. Rev. E. A. Livingston has requested that all members of the Riverside Baptist church meet him at the church next Saturday at 2:30 o’clock for the regular conference meeting. There will be all day services at Fall Creek Baptist church the second Sunday in May. Aside from the reg ular preaching service there will be a memorial service. A male quartette | from Greensboro will assist in the singing. All those who have relatives and friends buried in the cemetery are requested to come and bring flow ers for decorating the graves. The Baptist church at Bennett will hold an sill day service the fpurth Sunday in May. Program will con sist of children’s services, preaching, singing. In additiori, the Sunday schocl wll render a program. There will be special singing by the choir and by quartettes. The graves in the cemetery will be decorated, and those interested are requested to bring flow ers for the purpose. Jennings Our hearts were made sad when the death angel came on March 16th and bore away the soul of our dear friend, Mrs. Martha Ellen Jennings, the wife of Bud Jennings. She leaves to mourn her loss her husband, one daughter, Mrs. C. A. Parrish, and son-in-law, \ two grand children, Henry G. and C. A. Parrish, Jr., all of Greensboro, N. : C., and also leaves one sister and ' one brother to mourn for the dear I one. She was tenderly laid to rest on March 17, 1927, in the M. P. cemetery | at Cedar Falls by the writer, assisted . by R. T. Thorps. This community I has lost one of its best friends. She | will be greatly missed by us all but most of all by her husband and j daughter. She was a good woman. She told her husband shortly before her death that she was ready to go but none of us was expecting her to , go soon. She was bom June 23, 1861; | was married to Bud Jennings Decem | ber 25, 1879, and lived happily for 46 years, but this happy home is | broken up. How sad for the lonely {husband. They have lived most of i their married life as neighbors to me j and I always found them ready to ! help when needed. Truly a good ; friend is gone. May the Lord bless the bereaved ones. —REV. AND MRS. G. A. LAUGHLIN TRINITY NEWS LETTER The potato crop was injured some by frost Friday night. Mrs. Weeks, of Norfolk, Va., is visiting Mesdames Ballance and Car penter on North Main. Mr. Bob Royals, of North Trinity, seems to be running a fine dairy bus iness. A lot of fine cattle are seen feeding in his fields. Mrs. D. C. Johnson and little son, Dougan Clark, and his sister, Eliz abeth, visiied on Johnson street Son day. Mrs. Bullin, who lives not far from the depot in North Trinity, is in poor health. We learn that the doctor has pronounced it peUagp*. Misses ''Mildred and Ruby Payne, with Paul Hughes and Jim Proctor, went to Mount Airy Easter. Senator Norris Is Against 3rd Term Thinks Tw# Enough Fo- Any President—Southern Dele- _ gates For Coolidge. Senator Norris, of Nebraska, says an Associated Press dispatch from Washington under April 22nd date line, is going to the Wisconsin woods for a vacation. But he stopped pack ing long enough to shy another po litical missle in the general direction of the third term boom for President Coolidge. The Nebraska senator, who on numerous occasions, has assailed the head of his party, said a “third term” for any President constituted a long step toward monarchical govern ment. He added that it was imma terial whether a President first suc ceeded to the office from the vice presidency. Already, he said, the southern Republican machine “which is uni versally admitted to be corrupt” is prepared to send Coolidge delegates to the next Republican national con vention “in payment for past favors.” John Tyson Williams John Tyson Williams was bom Oct. 8th, 1847. He professed faith in Christ in early manhood and joined Flag Springs M. P. church. Some time after his marriage he helped to organize and build New Hope M. P. church and Why Not church. The writer is led to believe that he is the last one of the charter members at this place. About 30 some odd years ago he moved to Cedar Falls. Still active in church work, he transferred his membership to the M. P. church at that place and acted as steward while there. In 1900 he moved to High Point. He was a charter mem- J ber and helped to organize and Duiid j the Welch Memorial M. P. church there. He acted as steward while j living there. After leaving High Point, he came back to the community j around New Hope church, Why Not Circuit, and transferred his member- | ship back to this church where he j was a faithful member until death. Mr. Williams was a good father, a \ good husband, a good neighbor, try-> ing to help his fellowmen in every f way he could. He was loved and re- j spected by all who knew him. He | had been in failing health for more j than two years and for several weeks ( he had grown weaker and knew that j he would soon pass out of this world, i He was conscious 'almost to the end and told us he soon must go. He at tended church services and prayer meeting as long as his health would permit and almost always testified as being a child of God and would talk of his heavenly home. The large concourse of people that gathered to attend the funeral and the flowers that were laid on his grave were evidence of the high es teem in which he was held. In 1872 he was married to Miss Elizabeth Vuncannon and to this union were bom 12 children. Surviv ing him are four sons, W. R., of near Ulah, with whom he was living at the time of his death; Noah, of near Sea grove; Yancy, of Biltmore; and Lacy, of Detroit, Mich.; three daughters, Mrs. S. C. Steward, of Burlington; Mrs. C. E. Durham, of Leaksville; and Mrs. O. J. Sink, of near Seagrove. God blessed his children in giving them a Christian father, then too in allowing him to stay on the earth till he was 79 years, 5 months and 4 days of age. May the children trust in their father’s God and meet him in heaven. We would say to these loved ones, sorrow not as those who have no hope while our loss is our dear, departed brother’s gain. We are con soled with fhe thought that he has gone to the reward that is promised for the faithful. Let us rather be glad that the poor, worn, tired body has laid down to rest, thus setting the spirit free to enter that home to be with Jesus. The funeral service was conducted by his pastor, Rev. D. I. Gamer, at Pisgah church and his remains were laid to rest in the ceme tery at this place. —A Neighbor and Friend. Miss Melise Lamb Entertains Randleman, April 23.—Miss Melise Lamb delightfully entertained the Junior Missionary Society with an Easter party at her home on Main street, Monday night, April 18. Enjoyable games were played, many interesting contests were en joyed by all. The high score prize was awarded to Miss Mildred Brook shire. After the games had been played, the members were directed to the dining room where refreshments were served. Those present were Misses Ethel Hill, Joanna Van Werry, Mary Mar tha Lineberry, Mildred Brookshire, Minnie Richardson, Ruby Barber, Johnsie Van Werry, Effie Richardson, Helen Lamb, and Messrs. Charles Lineberry, Clifton Hunt, Claude Van Werry, Sam Bowman and Kenett T-awib. The “Duke” Still Game “Rube” Elderidge, “Duke of Spero”, though his home is at Glenola, is pitching ball for the High Point team Piedmont League again this The “Duke” pitched the in the High Point park last week and won it 4 to 3. no icv the opposing team down with Died At Hone Of Her Daughter Near Bennett Recent:jr—1.1 A Long Time. Funeral At Beulah Bennett, April 26.—Mrs. Elizabeth Jones, aged 74 years, widow of An derson Jones, died at the home of her son, Eli Jones, at Bennett, Wednes day night. She had been an invalid I for a number of years, but only a ! short while before her death had her 1 condition become critical. In early i life she joined Pall Creek Baptist : church and in later years moved her membership to Beulah church, where she remained a consistent member until death. Mrs. Jones was the mother of five sons, all of whom-are living. They iare: D. H. Jones, Asheboro; and Russell, John, Robert and Eli, all of Bennett. She leaves also one brother, H. C. Purvis; and-two sisters, Miss Louisa Purvis and Mrs. Archie Shields; 19 grandchildren and two great grandchildren. Funeral was held at Beulah church | by Rev. J. C. Kidd, of Bennett, and interment made in the church ceme tery. The large number of people attending the funeral and the floral ' offerings attested the high esteem in which she was held by those who knew her. SPARE THE DOGWOOD (Elizabeth City Independent) The dogwood blooms again, its radiant petals of snowy white gleam ing in splendid profusion against the somber background of our pines and hardwoods. What a thrill the sight of a blossoming dogwood imparts to the native bom and the transient guest alike! And hundreds of our townspeople show their ignorance, their thought lessness, there selfishness and disre gard for every principle of beauty j and conservation by scouring the woods for dogwood and mutilating these beautiful trees for the sake of bringing back boughs of blossoms that wilt and die within a few hours. We have practically denuded our forests of that most beautiful of all evergreens, the holly. The dogwood is threatened with a similar fate. Wi 1 not some one who reads this hesitate long before lending a hand to the rob bery of our landscapes ? Let the dog wood bloom and gladden the hearts of all who pass its way. SETT TOBACCO CLOSER ON FERTILE LAND Raleigh, N. C., April 28.—Coarse, rough tobacco generally produced on soil that is very rich in humus or nitrogen may be avoided by the sim ple expedient of setting the plants closer together on the rows. There are some fields or parts of fields such as turn rows, ditch banks, or where a legume crop haa been grown and turned under, where it is impossible to produce a good quality of weed. The leaf grows out coarse and rough. Where this condition prevails, tests made at the Tobacco Branch Station near Oxford indicate that the plants may be set as close as 12 inches apart on the row with the rows four feet apart. On one plot where a crop of either soybeans or cowpeas has been plowed under, every other year for twelve years, 1,000 pounds per acre of an 8-3-3 fertilizer was added and the tobacco then set 12 inches apart on rows four feet apart. This gave ap proximately 10,900 plants to the acre. The tobacco from this plot matured nicely, had plenty of size and body and cured out with good color. There was no rough, boney, diseased tobacco in the whole plot. Yet this invariably happens with ordinary settings on soils which have had such treatment as plowing under legume crops. Last year was the first time that tobacco has been tested with settings as close as 12 inches. Heretofore, the settings have been made 18 inches apart in the row. However, farmers who have a piece, of land which they consider too rich to grow out a good grade of leaf, should test out this re sult and try putting their plants closer together on the row, say agronomy workers at State College. Guilford county officers watched a :ache of 600 gallons of beer near Mian for several days waiting for ;he owners to show up. The owners vere too wary, however, and officers lestroyed the beer. Renew Your Health by Purification Any physician will tell- you that “Perfect Purification of the System is Nature’s Foundation of Perfect Health.” Why not rid yourself o chronic ailments that are undermin ing your vita.iiy? Purify your en tire system by taking a thorough course of Calotabs,—once or twice » week for several weeks—and see how Nature rewards you with health. Calotabs are the greatest of all system purifiers. Get a family pack age, containing full directions. Onlj 85 cts. At any drug store. (Adv.' Govern FREE I ance, i; a live, busy fi ested ii SAY “BAYER ASPIRIN” and INSIST! Unless you see the “Bayer Cross” on tablets you are not getting the genuine Bayer Aspirin proved safe by millions and prescribed by physicians for 25 years, | DOES NOT AFFECT THE HEART | Aselrla to the tndc Accept only “Bayer” package which contains proven directions. boxes of U tablets ;les'of 24 end 100—Druggists.. ft MaMscetteaeMesUc of & Must Register Attention has been called by State Auditor Baxter Durham to the Pub Hc Securities- uct passed by the last general assembly which requires that all bonds having a maturity date of. one year or longer issues by counties, townships, school districts or muiuci Bird’s Roofing and Materials For Building Cover year buildings with the best when It costs with Bird’s Famous Hexagonal Twin Asphalt Shingles, $6.00 Per Square ALL KINDS QF BUILDING. MATERIAL AT SPECIAL PRICES ASHEBORO WHEELBARROW CO. ASHEBORO. N.TX Buick Power is proved on the 24-Hour Hill Buick knows that the famous Buick Valve-in-Head Engine produces more power for its size than any other auto mobile engine on earth. Buick has proved this fact decisively at the great Proving Ground of General Motors, on the f,24-Hour Hill”—a me chanical device which faithfully duplicates the pull of any hill for any number of miles. Test, not guess, is the basis for Buick design. Buick success-is founded on this fnnytant search for the new and better thing—on this accurate, beforehand knowledge of results. E.L HEDRICK, DEALER \ i Sooth Fayetteville Street Asheboro, N. C. Important To Delinquent Tax Payers The new law requires the advertising of all lands where taxes are not paid on May 1st Let this be notice to all delin quent taxpayers that their land will be advertised the first Monday in May as the law directs. * \
The Courier (Asheboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 28, 1927, edition 1
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