Incorporated in our article on Halifax'County his tory last issue was ttye address delivered by Dr. T. y Long upon the occasion.-of- the unveiling of a marker at Halifax tp,. ofr Vftllie.,.Jones and jolm raul Jones. Therein. Df. Long embodied. an(t approved the tradition that the naval hero took tlie Uauie Jones because of his friendship for the Willie Jones family. . ' 1 As John Baptist* Ashe married, a. sister of Willie Jones it is. apparent th,at Captain Ashe has. an unusual interest in. the. matter, apart from that of th,e historian of the State. It was. M>s. John Baptists Ashe who made the Ouftttyg; rej'oinder to CoL Tarle ton, Lorf^ Cornwallis’s famous cavalry,; commander, when he had snepringjy stated, t^at he see Col. William Washington^ a hpprish Patriot cav alry leader. Mrs. Ashe’s, retort was that; he copld, have had that satisfaction if. he .had only looked be hind him at the battle. Of Cowpens, where,- the tradi tion goes, Washingtoh chased the dapdy-Britisher from the field. x i Captain A$b<? Apparently Doubtful of the Authenticity of the tradition. From the following, questions launched by Captain Ashe in a comwunication to The Voice, it is’appar ent that he is pot only dubious as to the authenticity of the tradition, but that be bases, his. doubt upon the solid ground of impossibility pf time and place of such an association as that upon which the tradition is based. The editor of The Voice is glad tor prlht Captain Ashe’s Socratinrejpinder, hut must leave-the defense of the authenticity of the tradition' to Dr. Long. Captain, Asbe’gletter follows: Captain Ashe’s Letter. ‘My Dear FriendWhere was that meeting you describe between Willie Jones and the nameless stranger? _ “It' has been said, that that meeting was at “The Grove,” where Willie Jones lived—and then Mr.. Jones took the stranger in hand and created the un usual character known to history as John _ Paul Jones. *. “‘John Paul Jones came to this country, I think, in 1773. He did, along with a friend (a nephew of the wife of Benjamin Franklin), visit “The Grove.” But that “Grove” was.in Virginia; “Now, he was engaged in naval work—when? I suggest 1774. : Look thafup. ' ^ - “Next, when did the “Grove” residence pf WiRie fW- come into use? Tfte father of Mrs.' Willie ^ues owned that laud, Be died, After kip. dpaS, Wmk tom. married. the daughter. After ma*-, riage, he built a residence for her on the land ber longing to the estate of the wife’s father—the Mont tord. estate. v _ * ' ‘ " “Suppose you write to the cl^rk of Ifalifas County Superior Court and ask when tpe father Qf %s. WiL' lie Jones died; also, the date of the marriage of Wil Me Jones to the daughter—ajiss Montford—and when did Willie Jones obtain permission to build the home known as the ‘'Grove.’' ? . " “Next, when was John ^aul. Jpnes appointed, tp a position in the navy ? Yqu can find that opt! “In Mrs. DeKeven’s Life of John Paul Jones is a .letter written by toe naval hero to Benjamin Frank lin, teljing why he had taken the name of Jones. I assume you prefer jhe facts. ' “Respectfully, S. A. ASHE.” Evidently, it is the purpose of Captain Ashe to sug gest through toe questions proposed that the records show that John Paul Jones -was in the navy before the “Grove” at Halifax, was even'built Dr. Long is in Halifax County and can discover the answers to the proposed questions. It will be news to me, how ever, if it turns out that Willie Jones had tox secure lief oi< permission to build the “Grove.” If such a recotd can be, found, it will be another indication that there is. nothing new under the, suu,. City people today must get building pern$*» I bfiliev.e, tyit put,in the woods even in this year two of toe New Deaf, people can still build.- out in. the woods, without asking anybody’s permission, Hpwevejv if the Montford estate was. still; unsettled there might he some record left of ther agreemeut under which Willie Jones built ihis mansion upon landsbplonging to the estate. I am quite sure that Ijlr, Long* a descendant of Willie Jones, brother, who himself is given credit by one of the authorities quoted by Dr. Long; us. providing the name Jones to the naval commander, will be only too glad to make such investigations as are possible in establishing or overthrowing the, tradition that the United States’ first, if not greatest, naval hero as sumed the name of North Carolina’s most active Revo lutionary patriot. Trade Balances aacj War D^bts (continued from rage pile )»f r*. gold. What then?. Who profits? With respect to the debts due the American government, as distinguished from those due American citizens, we hear the cry that America owes her citizens, for the price of the Lil>erty bonds. Let jisvsuppose that.the debtor na tions could and would send fifteen billions in gold ‘ ' - V . V. ■■*•**“' ' -•■’■■-i*. * *. over here and settle all war debts. What would be the difference in its inflatiooartf affect upon our cur rency and that of our own government's producing the money needed to pay off the Liberty bonds? .Not a bit, if the gold should be actually used to pay off those bonds. Cutting the. value of the dollar^ half in. terms of gold has not really affected its purchasing power. The number of dollars iif circulation deter mines what one of them will buy, and not what it is exchangeable for in the marts of the world in terms of gold. Payment of tlxe Debfs liquid Oflly Inflate Outr Qjvq Cufrenoy. America does not want, more goods even as a gift nor more laborers even working for nothing. And tlmse who. haye followed! the qprrengy agitatipn tpf forty or fifty years, knqw that every influence, bbS: been expended tp keep ppwn the ampunt of ipopey ip circulation. If our circulation could he doubled by the payment of the dpbts, eyery dodgy in would actually be cut in two in value, Tbpt, hasn’t been true in tbe case Qf revaluing, the dollar, ip gold, But just try doubling, the number, of dollars, ip qiycu hition and see what, would, happen. With fhP of all dollars lessened, the payment, of the debts would not amount to a, cent? gpyernmgnt, tp,be sure, could pay the I^bpyty. bpndj indpbt#1^^*, would bp. paying, thpna. with, dollara tp.at=hny only bajf ns much as the present fifty-ceQt dpljpfs. buy. - I$Ut why pester the pppr;. ^tupu$ajtt,bpuptr^s longer? If we want plenty qf, cheat):dpPcap, get them. Simpjy, turn tjhe* pyip#11?, afl# print as mapy, dollars, as t^e gfil^-heid, wpald under the uspal, custqm.gnd=% ^QUJ4 bgv*C mSdtP?' to pay his. Liberty hplJd defcts, and. eyeryv 4fiU£?r *3? ' Amerjqa bft wopth, jngt, ty W#1 bft beif the sarft&rSWP TfSSfe, p^ufr tyf0 treasn^ by^tbu, way, dfi^; Tbe payapit Qf tpe, ggyernmpi?*.. 48*%- means. qp& . ..Qm&ency, and ifca^ g qgfof. n^on|, tg, O145 ; /_ - .... ! '\r ■ -r.‘ \ . 5' • •*> • * » ■- ■■ ■ -j* ' , ; From the individual: standpoint, the American creditors of dobj&K cojigtries or; their citizens would profit by the payment of the debts to them. But as a matter of fact it would-be collected-from the Amer ican people- Any increase of opr money supply means a proportionate decrease in the value of exist ing dpllars. l«et Europe, p^y American investors five billion dollars and, it be pfit ip circifietipn here, every dollar in America would fie cheapened?— is, it vpQuld,ta^e mpre of tfiem to buy a, given amount of goods or. to employ a definite amount of labor. America, wouldn’t be profited at all, Yet the debtor countries would be financially ruined. The Difference, im Spending atBfefl»e and Abroad. You see rantings about the extravagances of the Frenche. or the Germans, or the Japs, at home—so much being spent for armament or for maintenance Of the army. That is possible while It would be im possible to pay the debts if those expenditures, were stopped. The, French have. the material afid; the la* bor to. dp all those things at home, but no way of converting that material, and; labor, into gold, to pay debts abroad. Therefore, unless America is willing to call a. hglt upon production, and; give up. its foreign trade and a goodly part Qf its. home trade, and let the debtor na tiqns. have the markets, we cannot expect the debts to be paid. And if they were thus paid, the latter end would be worse than the former. Onqe Spain thought she was: rich. when, gold and silver were pouring into her borders, from tbe virgin mines, of America, But that inflow of gqld and silver ms her ruin Money cannot take the, place of an active in dustry, and the worst thing tfiat cofild happen, to America, would be fpv us to . call a holiday and, let ^ropa feed; and clothe ns tin those debts sUppld be paid.: nnorlxT cn The agau, uui T-sr \. ' :r» • n. tsaprti HMh wUt ■* W. «S". W m •&. ws. %. m, *w m as3 eyerjlbo^ Bpt whejj^e are busy, 1^’s remember ng djctrua oL three year*, ^ ^hich then sounded, like heresy that I perr^ally, ^8# ^ .he w^d *.«f .erW # *«« mean the, 4ft§filu^ giftR of tWt fcfcK*.* «g.J£ tipns, It is. tyrng. to cl^r tljg. sjate of thg OT^t, %§ »*4«« W%lr exchan^, <* lg>ods WASPS'-. ,' ... o I ,>:-v ;.■ >,: V;': f- *• . • * 1* ■ ■ . ..9. standard at values for~goodsr of- nit countries. £«t> ”S wsgv&si*0# ex- , change values of goods., Pitt’* New Rept^wtatjw* I iad wet Attorney JQlm'djl! Playler oac4 or twice bgt. I^t hiHjfe *gffev.;tlft.voft$$> d*g# Swot. mu as, tain otJESti CoBW&’^BKBSfiasstate&JI® the nest session oitte' MtgfttetaM^.Slayte»li*es at - Farmville. He "won over UlST Opponent by the handsome piajpri^jr of 2175 TroJ.es. - P^t’s other ^ep^ Sentative wilt B^unt. ^FftVbetp no* otfcefc county in the State could has«e sent s mao- named : Hljpler, t& %&> legislature 44fcp-JH0k-4i[lfr'be seeing jpa perforin tfext ufeter.' r' ; : ?*' Thin papeA costs only $10Pa y«a& 4w: seiksMMe ;-iS ,m$$rs, will #n.d 11^ - ,;,v "d'T'JT Tt1. , ,„.w ■ ™|t -, “ tfi Tit Ww •.^P5»-*V1Wc, J-.+ •;«*. » \ V ■' ►twf >*■*». - .•• kt*;*!**' ?' OMm, NRRRAKK \ r Balance *fc<Un tfepviou^ Z^ppuir-T®w«9-- ^: ,. JHsoellau6^. ; 71eta1^«~ &53&533$$ III WuraeU)SU.1;s—To. ^injjgr^ .w}., ( Wtt-wrf.\?WWWatfl . Busiuese wigan, 4u$»gk v - ;\. Stfipie* 12^7? —,-^n-^^-rVr- ' Business ig.foroe aft en4 of,yea^^uiulJoe ■’••.. . • .0? ^olj^ie.s,. ip§,57^i. -r——,^^.99^1^,77^00 ■ ..!**' -•■■■- - ;‘: "“'A^®Sr- ; - -: ' ;•" ,v’ Value, of- Beal Estate* (less amount of en-“ “ *' ■ ■-■ cumbrances) ————-—$ 538j280;87 Value of- Bonds and- Stocks ———-J56,261,248.01 Gash in feompanyte- Office.*• 23,728.&jf ©bposited-in l?rust‘(Boinpariles aud^ Ba^ra’ ’ 9 not on interest—-' 467|40&'.O{$ B*epositM-In-Trust Companies and* Banket\ " , on interest r—---—--- ■ 19,780.97 interest} apti Rent8; due, and accrued-— 448,28&02 AH oibet Assets, as.de tailed* in, statement ' Total ■ %26,J161;263.6J. I#ess; Assets not admitted' 3»t8S^lSrM ,-,g| ,.^1 ;TQlai.admitted Assets)^—L^i_f9A37A^^5^ ; iTateLadm&ted Asa^s^—:-i—i_faA87A656®l y^rffRjii, L.y2 Death Claim&due and. unpaid.-; 95&3d Death Claims, resM^d ,—---——-— 26>9?2jOQ Peatb Claims reaPtted* but not yet aid? ""v jjusted:--——- ——--—-— l£l*12&5d . Permanent Disability Claims ———.56j^lAf26 Salaries .rents, expenses, comaaisaiom et«. J&OOQstiO Advance assessments 4Sj88ft$6 All other Liabilities, as detailed in state- . , ' 5 ment__——:- -■—r——-;—.-- §5»809jp58 -lit? Total. Liabilities. —--——$ 32T.268.75 BUSINESS ^ N.W’jR 1933 Policies <?r Ceftiflcajeg ip force. December V 31st of preyipup, yeaf, Nun^r. 1^48;-$ 3*4$J.S$fi}# Policies qr Certificates; 4j},rin^-the. . v - year, Npmber, 125 ; —---—-—--.t- 1Q3i9»HM$ ^ojipies. op Certificates tiq, fQfcev^^fla^ef : • r 31, 1933, - Nunjbep.1^ U-rwrw fiQ^sps. pqd. Claims: unpaid. Deqeipbep 31&t. , ? of previous year, _ Nipp}>ef-3,; ?t3§§*9$ Ijqs&ea pft4. Claijfts ippurr^d dwfiq$ the. ? yeqr, _ Number,^; -r~-r-^vr-rvrs. , 17,781,0$ losses.. apd »gJ4 WW,, Number 39;_'__r!-__-r-r--r— Losses and Claims, unpaid December 31, , 1933, _ Number 3; _____T.——--r--’ ’ 2’2^8,0(? Premiums and, Assessments, qqllected dur ing tbp year ip North Carolina, —---- 32,970.0$ mS* MARY E LAROOCA, President. ; ■ a®BS. NEVA, AppXAlNDER TALLEY, Secy, ' MRS. ETflgEL HOLWAYV Treasurer. _* JAR. A. RLAJHA, Actuary. Home Office: 33rd and Farnam ^t., Ompha, Nqb, Attorney for Service: DAN C. BOjjfEY,. Insurpnc^ ■Comn^is^ionet, Ralfefeh, ?7.' C. ... . Manager fop Nortel patoilna : HWte , ,, ,J ;%ai) STATp OF NORTH; C^BOUNA,. ' INSURANiCB DEPARTMENT, 1 ^igh-Jtdy 9th, 193£.' I, DAN C. RONEY, Insurance. Cqmmissiqper, d£ iej:eby certify that the. above* Is a ixM and <orr«£ bstract of the' Sta'tqrgent of the Supreme Format jfoodmeip Circle, ^ y^tepal Qrder, <£ Omaha, Nefc led wjth ^is Deparjjnenf* ahpwln^ the condigp^ aid Ordir qnthe3lsf4a£ prpe«^pb$5* vr.i ^itrn^mj; hand apd; official seal^'the ate above* v^ftteB. _ a w v" "’M -^... ■ r -. ;-A ; s" r: * V r ‘ . .'vi,-: A-.A-C"- "H i:, V-V-fcasSi. vs* if. ■■ .”• 'A'..;,,." s- ..

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