PAGE FOUR THE CONCORD TIMES Published Mondays and Thursdays. Entered as second class mail matter at the postoffict at Concord, N. C., under the Act of March 3, 1879. J. B. SHERRILL, Editor and Publisher W. M. SHERRILL, Associate Editor Special Representative FROST, LANDIS & KOHN 225 Fifth Avenue, New York • Peoples’ Gas Building, Chicago 1004 Candler Building, Atlanta ■ ■■ ! -J “A CONSPIRACY OF SPECIAL INTER EST!” Former Senator Smith W, Brpokhart seems to have reached the gist of all agitation about lack of interest being manifested for farm re lief when he says the farmers will have no chance until they elect n majority in both hous es of Congress that will fight to a finish “a con spiracy of special interests.” “Agriculture,” Mr. Brookhart said, has perhaps passed its most critical stage in Am erican history. The Haugen bill faces immi nent defeat. This defeat has been brought about by a gigantic conspiracy of special in terests against the basic industry of our coun try. “These interests have devised a .scheme of economy which denounces everything as eco nomically unsound unless it promotes their special welfare. Because of their size and pres tige they are able to control the views of the statesmen and dictate the actions of the Unit ed States government.” These interests control the government now because the Republicans are in power. The Democrats have nothing ih common with the plans to aid industry to the detriment of ev ery other class. The Republicans have failed apparently in their plan to adjourn Congress at once, bp setting the program of Republican leaders, the House declined today to set a definite date for the close of the present session. By a vote of 191 to 133 a move, sponsored] 'by Representative Tilson, the Republican J floor leader, to bring about adjournment June. 30 was defeated for the time being at least. Headed by Representative Madden. Repub lican, Illinois, a group of western Republi cans and Southern Democrats, mustered suf ficient strength to send a Resolution proposing sine die adjournment a week from \\ ednes day to the House ways and mens committee. The action of this group, as explained by Mr. Madden, was prompted by a desire to prolong the session until the Senate can act on the rivers and harbors bill and farm legislation. The Democrats are doing all: they can to aid the farmer and they ares going to keep Con gress in session as long as possible so that some relief measure can be adopted. OUR DISTINGUISHED GUESTS. Concord today is host to the building and loan men of the State who are gathered in an nual convention for the purpose of discussing • common problems, renewing friendships, cre ating acquaintances and gaining from one an-, other suggestions and plans that wrll increase * the efficiency of their work in the State. Concord bids The men welcome, offers her ■ every facility to them and assures them it is a' pleasure to serve them during the days of their convention. Citizens of Concord have displayed their eagerness in making preparatons for the re ception of the building and loan men because the event is one of unusual interest to them. The rank and file have co-operated in per fecting details of the program for and file of the city’s citizens have enjoyed the benefits of the league’s associations and they feel closer, perhaps, to the building and loan associations than to any other form of banking. No class of men, perhaps in, the history of North Carolina, have done more to add impet us to the rebirth of the State’than the men of the building and loon associations. They have kept available money for home building, put ting their money within the reach of the sal aried man as well as the man of independent income, and in no small measure is due to them credit for much of the building progress of the State. Concord has three very active associations, a survey of the records showing that fully 90 per cent, of the homes built or bought here within the past ten years have been pur chased or built through one of the local as sociations. I his means the public feels a close interest in the associations, atjd it feels a close interest in building loan men from other cities whose efforts have made avail able there progressive building programs. Concord looks forward with keen anticipa tion to the convention with the hope That the visitors will find their stay here one of the most profitable in the history of their League. JUST GETTING STARTED. Many times have we heard or read some statement about the lack of saving among the people of the Southern States. That has ; been true but it is not true now. ‘‘During the lasi decade the group, of South ern States lias made Jar'metre >praigi»e‘ss:Hhan aiiy other sectioh'qL the couhtry in the mat ter of saving, money,” says - The Charlotte News, adding that we saved nothing in years gone by t because “we had nothing to save.” That’s a fact. JA’hile the New England States and other sections of the country were prosperous the South, was just beginning to live again following the depression after the War Between the States. “But its another ! story now,” to quote again from The News, which shows in a recent editorial the follow ing facts: “Savings deposits for the entire country on June 30, 1925, are placed at $23,134,000,000, or $204 per capita. In the thirteen Southern States, these deposits aggregated only $1,761,- 734,000, or $57 per capita. However, while the entire country made a gain of only 131 per cent, in per capital savings during the pe-‘ riod of 1912 to 1925, the Southern States show ed a gain of 216.6 per cent. “Massachusetts leads the United States in the amount of per capita savings, with $5lB laid up in the bank for every man, woman and child.' South Carolina, on the other hand, has savings deposits aggregating, $112,016,000, or $63 per capita. That is considerably above the Southern State's average, but far bel-ow that of the New England States. But it is worthy of special notice that in the 1912-1925 period, South Carolina has increased her per capita savings by 231.5 per cent., while Massachusetts increased by only 103.1 per cent. Arkansas stands first in percentage of per capita wealth gain, with 400 per cent. All the Southern States have a high rank in this respecC South Carolina ranks 11th among the 48 States and the District of Columbia. On the other hand New' York ranks 31st, Massachusetts ranks 38th, Rliods Island 46th, New Hampshire 43rd, Connecticut 45th, Vermont 33rd.” GOOD BUSINESS IN PROSPECT. Most of the familiar barometers of trade last v’eek indicated that a new forward movement in business was getting under way. The im provement in conditions which has been faint ly evident for several weeks, was not clearly enough defined to permit adjustment edits duration, but financial and business sentiment was unmistakably more optimisiic. A vigorous upturn in the stock market which carried United States Steel to the highest point in its history and other leading industrial stocks to new' top prices for the year, con tributed to the more cheerful outlook Credit conditions w'ere distinctly easier following the treasury’s redemption of more than $330,0 JO,- 000 of notes without a new offering, while a strong investment demand quickly absorbed about $175,000,000 in new bond flotations For the first time this year exports of mer chandise in May exceeded imports, the month’s surplus of $38,000,000 contrasting with a fav orable import balance of $10,000,000 in April and $68,000,000 in March. Progressive improvement in iron and steel condition was evident from latest reports from the industry. An advance of $2 a ton in structural steel attested a firmer price sit uation. 1 This stiffening price tendency, the weekly trade reviews indicated, w r as spreading to oth er lines with a general firmness of wholesale quotations replacing a rather extended decline as the first half of the year draw's to a close. The manufacturing output in most industries was reported to be in close balance with actual demands. Leading automobile companies continued to advertise record breaking sales. Occasion al price reductions apparently have caused lit tle uneasiness in view of well sustained de mand for cars and have been ascribed chiefly to the keen competition in the price field. Railroad earnings reports for May due this week, are expected to carry forward the im provement which has been characteristic of thd year’s operations to date. ONLY FOR THE RICH. “The good old United States Senate is com ing back into its own,” says Robert T. Small, the reliable Washington writer. " “Years ago it was known far and wide as the ‘Millionaires’ Club. In those days a senator was supposed to have a million dollars—all except the less well-to-do ones from the South, who were elected on tradition or ability or both, regard | less of their financial position. Nowadays you have to spend a million or so to get to the Sen ate, \so that old soubriquet is coming back.” With the exception of the South a poor man has no chance at all to go to the United | States Senate. In the States of the Southland ( money does not play such an important part in ; elections for it is possible for a man to be nom i inated and elected here without the expendi . ture of any scandalous sum. • We haven’t the figures at hand and w’e do | not remember them off-hand, yet we are cer- I tain Senator Overman and Robert R. Rey jnolds spent only meager sums in their pri : mary fight. Neither could have spent money j lavishly because of lack of it and because you . can’t find “citizens’ committees” or “business men’s committees” in the South willing to give several hundred thousand dollars just through love of or interest in some candidate. A man of moderate means has a chance to 1 represent his State or district ir\ the South but l elsewhere such is not the case. What chance would a poor man, regardless of his> ability have had in the dollar battle in Pennsylvania ? WrLHELTW REMAINS RICH. The German people may have wanted to get , rid of their emperor but apparently tliev are | unwilling for him to live except as a millioi:- ( aire. In the referendum to determine whether all the cokcoftb fiMes property would be taken from the former kaiser the people showed a disposition to let him keep what he has. Most of the people who voted to strip Wilhelm of hi? wealth are workers in the great tnanufacturing plants. The former kaiser lives in luxury and ease all right and his son does too. They took what they wanted when they left Berlin following the armistice and they were careful to take enough. WHERE THE SCHOOL FUNDS GO. State School Facts for some time has been running a series of articles'dealing with ele mentary and high school expenditures. We have quoted data from the articles from time to time, with the idea of giving this informa tive data to our readers. In his latest issue School Facts- deals with current expense distribution, it having shown in a recent istsue that $21,030,810.23 or 61.9 per cent, of the total public elementary and high .school expenditure was for current ex perlse items and $12,947,#53.45 or 88T per cent, was spent fajr permanent improvements or capital outlay. During the year July 1, 1924 and June 30th, 1925, the figures show, of the total $21,030,- 810.23 current expenditure, $17,536,526 of 83.4 per cent, was for teaching and supervision. Os this amount, $11,021,242 or 62.8 per cent, was for the expense of the rural schools and the re maining $6,515,284 or 47.'2 per cent was for the special charter and city schools. The teaching and supervision e3g>ense is the primary expen diture for school purposes. This represents the annual salaries of nearly 23,000 school teachers, principals, supervisors, superintend ents and superintendents of public welfare. If it were divided equally among these officials each would receive less than SBOO.OO apiece. The percentage of current expense for teach ing and supervision purposes less in the ru ral schools at 82.5. In the city schools 85 per cent of the total current expense is for teaching and supervision. Among the city schools group 111 used 86.5 per cent, of the current expense for teaching and supervision and group I used 82.8 per cent, for this purpose. In Concord there was an expenditure of $84,- 779.14 for teaching and supervision and sl, 297.97 for administration. ' .*• In Cabarrus county for teaching and super vision there was expended $109,369.26 and for administration $2,994.27. Operation and maintenance expenses for 1924-25 amounted to $2,970,367 or 14.1 per cent, of the total current expenditure. It took $1,981,H5 of this amount to run all the rural schools and $989,252' to Am the 120 special charter and city schools. Os the total amount spent for operation and maintenance of these 120 city systems $726,999 or 73.5 per cent, was expended in the 34 cities listed in the accom panying table. The eight largest cities 14.2 per cent, of the current expense for operation annd maintenance, the cities in group II 13.2 per cent., and the cities in group 111 11.4 per cent, for this purpose. In the rural school systems the percentage spent for operation and maintenance ranged all the way from 1.41 per cent in Ashe to 28.0 per cent, in Granville. The explanation of this wide difference is readily explained by the fact that Ashe County only operated 9 trucks for the transportation of pupils while Granville operated 84 trucks for this purpose. Trans portation costs are classified as an .operation and maintenance cost. This same fact will ac count for the differences that occur among other counties. Among the cities the differ ences are not so great —from 6.85 per cent, in Smithfield to 19.66 per cent, in Asheville. The largest per capita expenditure for teach ing and supervision was in Greensboro at $19.51 per child. The lowest of the 34 cities listed was in Rocky Mount at $25.54 per child. The total cost on school enrollment was $25.97 in the State as a whole during the year 1924-25. This was an increase of $1.91 over the previous year. Os this increase $1.25 was for teaching and supervision and .66 for op eration and maintenance. There was no in- per capita administrative cost. Better teachers and the increased term wodld account for the former increase, and increased term and increase in the number of pupils transported would account for the latter. An average of $21.65 per child enrolled was speht for teaching and supervision, .65 cents for administration, and $3.67 for operation and maintenance. In the rural schools an aver age of $17.98 per child was spent for teaching and supervision, .59 cents for administration, and $3.23 for operation and maintenance —a total of $21.80 per capita for current expense, i The city schools on the other hand, sperit an average of $83.07 per child for teaching and supervision, .81 cents for administration, and $5.02 for operation and maintenance, for a to tal of $38.90 per capita for current expense. Better trained teachers and longer school terms in the city schools largely account for this dif ference in cost in the two groups* ANOTHER BOOST FOR THE WILSON administration. James Cameronl Lisi work as Director of'Xlnivestjgjfiions ,and AcqoiM| : ih the War Department, and after four years $f work among r waV contracts be deals what would be a death' blow to the charges of whole- 1 sale graft in connection with war made by the government. Mr. Cameron it must be remembered, was appointed by a Republican Congress, in fact his job was created after the “smelling com mittee” of 1919-20 were unable to get any thing on the Democrats and he was given full authority to investigate anything, anywhere at any time. And he did that. Some 200,000 contracts have been investigated by him and while he has found cases where the 'government agents through inexperience made contracts that were not to the best interests of the gov ernment he did not find cause for the great uproar rffkde Just after the war by those per sons who were anxious to condemn anything Democratic. The investigation not only shows absence of graft but ft shows *>n tfte other fiand that the World War was administered with a great er degree of honesty and efficiency than any other conflict in the history of the nation. Tlie Cameron * report must be as another boost for the Wilson administration. VAST INCREASE IN U. S. SURPLUS. Business may not have been good during last year but the government’s income indi cates that money was made by some one. * The Federal Government will end the fiscal yiear June 30 with a surplus estimated at $390, 000,000 and with the public debt reduced ter $19,680;000,000, President Coolidge told the business organization of the Government in an address on “Constructive Economy.” The public debt Jurte 30, 1925, stood at $20,- 516,193,888, the new figures meaning roundly a drop of $836,000,000, which is $101,00®,000 in excess of the reduction of $735,000,000 brought about last year. At the same time, expenditures for the fiscal year just closing will top those of 1925 by $89,000,000. Expenditures for 1925 were $23,- 000,000 above those of 1924. Calling attention to the increased cost this year, President Coolidge said, “We cannot an ticipate further appreciable reduction in the total annual expenditure for the business of the Government,” and added that “our main chance comes in debt reduction.” It’s a strange tale coming out of Asheville about a man seeking safety in jail from alleg ed pursuers. Th& man said he had to jump from a moving train Friday night to escape his assailants and then hid in a tree all night w'ith a search for him being conducted in the woods where he was hiding.' How did his assailants know the exact spot where he was hiding, un less they jumped from the train too? And who has heard anything about four rrten jump ing from a moving train? It isn’t reasonable to presume that fbur men could jump from a moving train without someone on the train knowing it or without someone of the four get ting hurt. It sounds like another of the sad war cases, mounting ever higher and higher. It is not impossible to imagine a war veteran picturing some one following him, always with the desire to take his life. These shell-shocked victims are deserving of every care and atten tion we can give them. They are the most sympathetic examples of the horrors of war. Govern&r McLean started out to run the government on a budget and he has done just that thing. As a result North Carolina has money in the bank and so far as can be de tected wC have not gone backward. We have progressed to be sure, but we have progressed only to the extent of cash on hand and as a re sult we end the year with a better tastd in our mouth. WISE CRACKS. By International News. Officials at Washington no longer fight duels with swords. They use ink bottles. —Tampa, F!a., Tribune. Having seen the difficulty experienced by the Dem ocrats in beating them, the Republicans apparently have decided to beat themselves.—Durham, N. C . Sun. The right of self-determination of peoples often 'pro duces obstinancy when applied to individuals. Singular, but true. —Greensboro. N. C., Record. Popular songs would be more nea. ly tolerable if so many persons didn’t remember both the words and the tunes. —Nashville, Tenn., Banner. ■Congressmen are in a jam. They are afraid to go home and more afraid to stay in Washington.—Durham. N. C. Sun. CHICAGO’S SHAME. Dearborn Independent. Chicago has been brought very low before the coun try. 'From the sole of the foot even to the head, there is no soundness -n it; but wounds and bruises and pu trefying sores; they have not been closed, neither bound ul* neither mollified with ointment.’ The liberty to commit crime is a concession sold to all bidders, and machinery to punish crime is neutralized by bribes. More criminal than the so-called ‘criminal classes’ are those official classes that have licensed the practice of theft and murder as a state licenses the practice of med icine. » The strangest element in it all, to outsiders, is the calm with which these studendous revelations have been re ceived by the city whose honor they drag so low. Mys teries involving officials still remain mysteries. There are “gangs’’ in city government which correspond to gangs in the criminal world, and which war upon one another, and the citizens seem to possess no machinery to penetrate and destroy the massed corruption. The people of this country used to think that the days of municipal corruption lpy behind us. that noth ing could again occur as bad as New York was twenty five year's ago. But New York was a quiet village of pikers compared with the official criminality of mod ern Chicago. And with successive disclosures, the same “gangs” remain in control. Only one thing is worse than the actual crimes exposed, and thut is the moral '%l)jttfey ?of John AMtiaen. ><■ > , , .•.»> , v: $ Forty-five passengers who lauded at New York op a French liner had no passports. A steward throwing .away waste paper had .picked up the envelope containing the passports and by mistake dumped them Overboard. Farms in the I’nited States represent one-fifth of the totiy national wealth and contribute one-sixth of the national iucoipe. f A FINE PREMIUM FOR SUBSCRIBERS TO THE TIMES Handy Tcn-in-One Tool to Be Given For a Limited Time. For a limited time only we are go ing to give a handy 10-in-l Combina tion Tool to subscribers of The Times All you have to do is to pay two' years subscription to The Times nn( j the tool is yours free. The tool \ a meat tenderer, ice shaver, vegetal <• chopper, meat cleaver, bottle open pipe wrench, can opener, cork screw i screw driver, and hammer. Ilea<l all about this offer in a big ad. tod a- j THE TIMES AND THE PROGRESSIVE FARMER Bo£h For Only $2.25.—53.00 Worth 61 Paper For $2.25. Yon* can get The Concord Times ($2.00) and The Progressive Farmer ($1.00) both a full year for only $2.25. You get 156 papers a year, at! a cost of less than 1 1-2 cents a copy. If you have already paid in advance for your Times, we will get The Pro gressive Farmer for you for only 25 cents. The Progressive Farmer costs us 50 cents a year, and we pay 25 cents of this and ask the subscriber to pay 25 cents. You thus get a SI.OO paper for 25 cents. The Progressive Farmer is the I'lest farm paper published. THE CONCORD TIMES. Monday First Day of Dental Clinic. ■Concord school children between the ages of six and twelve will have an opportunity to get their teeth fixed up free of charge when the den tal dinic opens at the County Health Department next Monday. This i> a real service that the state is offering to safeguard the health of the com ing generation and one that should be taken advantage of by every child. By getting at the work here at this early the expert dentist, who is to have charge of the clinic, will have more time for ultra-care ful and comp’ete work- Children are urged to make appointments at the earliest possible moment. This is necessary in order that a regulated working schedule may be arranged. Mrs. Dezerne Buried H£re Tuesday. Mrs. Julia Dezerne. who was kill ed here Thursday night when struck by an automobile, was buried in Oak wood cemetery here Tuesday after noon- " Funeral services were held in the chapel of the Wilkinson Funeral Home, conducted by Rev. C> Her man Truetdood, pastor of the First Baptist Church. Daughters of the deceased. Mrs. Cal Owens, of Derita.'and Mrs. Willard Kissiah, of Reidsville, arrived in Concord Tuesday for the funeral. Mr. and Mrs. R. A. Brower and Frank Brower returned Monday from Laur’nburg, where they were called account of the illness and death of Mrs. Brower’s mother, Mrs. Mc- Neil Smith. ADMINISTRATOR’S NOTICE. Having qualified as the Administra tor of the estate of Julia Dezerne. de ceased, all persons owing said estate are hereby notified that they must make prompt payment or suit will be brought. And all persons having claims against said estate must pre sent them to the undersigned, duly authenticated, oil or before the 22ud day of June, 11)26. or this notice will be pleaded in bar of their recovery. C. A. iSENHOrR. Administrator. June 22nd, 1926. ADMINISTRATOR’S NOTICE. Having qualified as the Administra tor of the estate of Jno. T. Gardner, deceased, all persons owing said es tate are hereby notified that they must make prompt payment or suit will be brought. And all persons, havinb brought. Aud all having sent them to the undersigned, duly authenticated, on or before the 22ml day of June, 1927, or this notice n"ll be pleaded in bar of their recovery. C. A. ISENHOCR. Administrator. June 22nd. 1926. LEARN TO SPEAK AND WRITE Corrfect English By Home Study Many worthy men and women are deprived of larger oppor tunities because of poor speech. We can fit you for the advancement which you de serve, and make your appear ance in good society a read for information today. Address Department of Extension Correct English Correspond ence School Evanston, Illinois THE CONCORD ,L 1 THE PROGRESSIVE?! BOTH ONE YEAR 1 , $3.00 WORTH 01 '***%s'*M You can get The Conconl -..a'" *l. Farmer (sl-00) both a full vesr for Olk M a year, at a cost of less than i - , . f \ If you tfave already paid ‘ The Progressive Farmer for ce * *"■ The Progressive Farmer < r ’-' ’’ v cents of this and ask the nub' l " , SI.OO paper for 25 cents. The l IO S paper published. *, nn the coM- Jm, v MAM<vvvyvvvvvv O*' w lhurs %il peH lw to ■ *l] Notif^vil m I 14 ** J WbVi* < oncord. I Br«C' * For s ale^> I-“ghorn uHti'hpd ii 4 Finn, At I**! thTjfc J°u hav e a,, hump sit( J t s,|nar ‘!U Jll,s i*tiJ ert >', and < number J ot jj j wan TdijjfJ ad 435. No,i '^Sj sur »D« p,jjd before I'atterson j Kirth~Ann^ Printed Office. Calls*] fligh School (4 uating whtij Position in gj industry o(J and rusmqJ training if] branches of g band comjiui (•type and g and automtM gate. CornjJ young Yoned eight nnthjj today for rd tion and fall] Southeaster! j 508 Union M Visit mg farni Office. Pimm tifully printdl i une Oicb ij $1.50. Ortal notice. Do Yon Ned I bill beads s Times-Tritaj them out hr] the ■ the best. 1 Visiting fail! Office, Pawl tifully pric'd une Office. Sj $1.50. (tell notice. j muting (i TIMES I Panelled f.-i printed at J 50 for 11.00. «?l filled on a M CONCORD (M THIR'MM Cotton Cotton seed A CONCORD Plj (Y.: reeled MeJI Figures caaM tor produce c*ln Eggs ——-j Corn j Sweet potatoes Turkeys —1 Odions H Peas Putter -H Hens d Country W Country Si«H Young (I ll ''* 1 Country HH Irish Pot»H -i I Muj U Lata ii rj i LcF rj i i Patterns ;; d [1 New Pi i i HOT ■ S J

Page Text

This is the computer-generated OCR text representation of this newspaper page. It may be empty, if no text could be automatically recognized. This data is also available in Plain Text and XML formats.

Return to page view