Newspapers / The Danbury Reporter (Danbury, … / Feb. 24, 1932, edition 1 / Page 2
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WEDNESDAY, FEB. 24, 1932 BUSINESS AND BANKING CONDITIONS BETTER Tension In Banking Has Relaxed Materially Within Past 30 Or 40 Days—Acts Of Congress Have Aided In Restoring Confidence—Bank Examiners Make Good Reports. It is a relief to the public generally to know that business and banking conditions in North Carolina are taking on a much more hopeful prospect than that of some months since. Tension is relaxing rapidly, it is believed by those in position to know. Bank failures are no longer reported daily and those banks which came through all right are even stronger and better prepared for emergencies than ever before Moreover, quite a number of the banks which closed are re-opening or will re open in the near future. State Bank Commissioner Gurr.ey P. Hood says: "The tension that has existed in the banking business for many months has relaxed ma terially within the past 30 to 40 days and the bankers are more encouraged than they have been in a long time." Com missioner Hood said. "Part of this has been due the enactment of the law creating the Recon struction Finance Corporation I which is going to be of great / benefit to the state. The situ- J ation has also been helped by the likelihood that the bill by Senator Glass, liberalizing some of the Federal Reserve Bank regulations, will be enacted. The thing that is making me fe i more certain than ever that I!, situation has changed and Hut conditions are improving, are the reports we are getting from our bank examiners who have been examining the small er banks in the rurfal sections of the state. I received one report from an examiner just a day or so ago, who had just com pleted an examination of a i small bank in which the exam iner stated that the bank was in excellent condition, the man in charge of it entirely capable and trustworthy and that the bank was dong a good and pros perous business. The same re port has been made concerning many of the smaller banks, in dicating that people have large ly regained their confidence and that businses is going ahead again." KG PflCf FOR OVER * «0 YEA** Guaranteed pur* El and efficient. i' USE lets than of high njjj! fa|gjN ;lr, priced brands. || p|j||y|r j; | IN YOUR HOME A DOCTOR'S APPROVAL? Some things people do to help the bowels whenever any bad breath, j feverishncss, biliousness, or a lack of i appetite warn of constipation, really weaken these organs. Only a doctor j knows what will cleanse the system i without harm. That is why the laxa tive in your home should have the approval of a family doctor. The wonderful product, known to j millions as Dr. Caldwell's Syrup Pepsin is a family doctor's prcscrip j tion for sluggish bowels. It never j varies from the original prescription i which Dr. Caldwell wrote thousands j of times in many years of practice, I and proved safe and reliable for men, ] women and children. It is made from j herbs and other pure ingredients, so j it is pleasant-tasting, and can form no I habit. You can buy this popular laxa tive from all drugstores. MILLIONS ~ rrg (f ' girrrrrrrrrrrrrrrrrrrrrrrc grr ■|'§ J' Uk j 'J* FOR PUBLIC SAFETY SAFETY is the dominant characteristic of American rail- ings on its line, and its intansiva and unremitting afforts to roads. Thair raraarkabla prograss and unpracadantad prevent crossing accidents, hava brought concrata results, racords in avery phasa of accident prevention and safety within their jurisdiction are recognized as outstanding ' n * plk * an annua ' avtfra 9* '"crease of 630 in the achievements. In striking contrast to this prograss and in koka ' num^ar 9 ra^e crossings in the United States, the face of expenditures of approximately $30,000,000 th,re w#r# 64 Uss 9 raU "ossings on the Norfolk and annually by the carriers for their elimination, highway grade Western on the first day of 1932 than on the same data crossings have bean increasing at the rata of nearly 630 a fiv# . y#m a 9- ,n »P ita of tha fact lhak 9 rad * cro " in 9 year, due to tha opening, by tha public and public author!- accidents throughout the country decreased about 13 per ties, of new highways and streets across railroad tracks at c * nk dur ' n 9 k^a ,r,k a ' n# ' 93l a * compared gra ,j e with tha same period of 1930 (tha latest available figures), such accidants on tha Norfolk and Western ware Tha Norfolk and Western long ago recognized the 49 par cant lass in 1931 than in tha previous year, while gravity of tha highway grade crossing problem, and in r-ps crossing fatalities on the railway Decreased 43 par the interest of public safety has spent millions of dollars A cent. During the samSuferiod the number of auto for the elimination and protection of dangerous cross- mobiles driven into thSf sides of trains decreased ings on its lines. The record, of which the railroad is 56 per cent, and the number driveg through gates justly proud, speaks for itself: efter they had been lowered for approaching trains, n . .. . . ... . declined three per cent During the past ten years 146 crossings have been eliminated from the railroad. As its share in /JtOA The Norfolk and Western is glad that it could the cost of this elimination, the Norfolk and Western ( 1(55) ) cooperate with the public in the elimination and has expended $3,300,000. And in its efforts to safe- ,sK protection of grade crossings on its lines, but the guard the thousands who cross its tracks at grades, T| Norfolk and Western and the other railroads of the the railway has provided protective devices at 264 VJ nation alone cannot solve the grade crossing prob highwoy grade crossings at an outlay of $700,000. , £*[ , Urn. It is essentially a "social problem" and its For the maintenance of these devices and the pay jT solution rests primarily with the public. Public of gatemen and watchmen, it spends approximately authorities must rigidly restrict the opening of new $200,000 annually. It is a matter of much grati- k highways and streets across railway tracks; and the fication to the Norfolk and Western to know that KaH public must realize that the real menace of the grade these huge expenditures, the policy it pursues in the crossing is not the unexpected approach of the train, treatment of applications for the opening of new cross- r.j fA but the carelessness of the automobile driver. NORFOLK AND WESTERN RAILWAY \ , , , VIRGINIA _ l THE DANBURY REPORTER J. A. HIGHFILL AT DANUBRY Spoke To Farmers Last Satur day On Co-Operative Move ment—Another Meeting To Be Held At Danbury On the First Monday of March. J. A. Highfill . farmer and business man of Winston-Sa lem. who is greatly interested in the co-operative movement for farmers in this section, ad dressed an audience of farmers on the subject at Danbury Sat urday. Notwithstanding the fact that the attendance was not large, the enthusiasm was strong among those farmers in attendance, and they promised to bring their neighbors out to the next meeting. County Agent J. E. Trevathan was present and offered to lead [the movement in the county. This was given unanimous con | sent. The next meeting of far jmers looking to the completion |of an organization will be heid at Danbury on the first Mon day in March. At this time it is hoped to have one or more good speakers present, and far mers are urged to attend and bring their neighbors along- Americanism; Squad of Bos ton police armed with sawed-off shot-guns guarding funeral of *wp slain gangsters. PINNACLE HAS NEW INDUSTRY Independent Tobacco Company Starts Manufacture of Smok ing Tobacco—Personal Items of King. King, Feb. 24,—Raymond Kiser. of the United States Army, stationed at Fort Bragg is spending a 30 days furlough with his parents, Mr- and Mrs- Ernest Kiser The town of Pinnacle has a new manufacturing enterprise, a new tobacco factory opera ted by th e Independent Tobacco Co- They have started the manufacture of a granulated smoking tobacco. The brand making its appearance in King is Honey Dew." It is presum ed that they will add other brands later Perry B. Turner and Attorn ey Piereeson Rumley, of Wins ton-Salem. were here on busi ness Saturday The home of Mr. and Mrs- John C- Jones was made happy Saturday by the arrival of a new baby girl E. P- Newsum. Mr and- C. R- Newsum, Mr. and Mrs. P. H. Newsum. Mrs- C. S- Newsum. Misses Thelma and Dorothy Newsum. W. T- Newsum, Newel Newsum. Charlie Ross New sum, all of King, and Mr. and Mrs- W. G- Tuttle and T- D. Tuttle, of Rural Hall, and Mr and Mrs. E- F- Walker, Miss Mae Walker and little Miss Elizabeth Walker, of Pinnacle, all spent the day Sunday with Mr. and Mrs- Wilburn Shouse at Rural Hall. H- W- Slate, of Winston-Sal em, spent the week-end here the guest of his parents, Mr. and M'-s- Coy D. Slate- DEMOCRATS RESENT 1 REPUBLICAN METHODS* | Efforts Of Republicans To "Build Up" President Hoover For Presidential Campaign Have Brought Retaliation From Democrats— Have Voted With Republicans On Relief Measures, ■' Miss Clara Pulliam, of Greensboro, and Miss Ercie Pulliam, of Winston-Salem, spent Sunday with relatives here- William H- Holder, who has been on the sick list for the past few days, is able to be out on the street again, his many friends will be glad to learn. Benjamin S- Atwood, of Sparta, is spending a few davs with his parents, Mr. and Mrs- S- U- Atwood, on Depot St. Calvin Sprinkle, of Winston- Salem, was among th e business visitors here Monday. S. P. Christan spent a short while in Winston-Salem Tues day. Announcement. i'o the Votes of Stokes County: I hereby announce my candi dacy for the House of Represen tatives in the next General As sembly, subject to the action of the Democratic primary. I take this method of inform ing my friends and assuring them that any favors shown me will be appreciated. , W. CARROLL. PAGE THREE According to dispatches froJßj Washington this week the Denj-E ocrats are getting angry ove*"" the methods being used by the* Republicans in trying to "build up" President Hoover for the presidential campaign. The reconstruction measures of the White House which have been brought up in Congress have been voted for almost solidly by the Democrats, while the credit expansion bill as the Glass-Stegall bill was troduced and steered both houses of Congress Democrats. The United Press sends oat the following on the subject: Whatever liability the de> pression has been to President / Hoover it has saved him from a good deal at the Democrats* ' ; hands. The La Follette-Costi- I gan direct unemployment relief I. bill was killed with the help of. Democratic leadership; Thus far the 7 reward of the ■ Democrats except for two B choice appointments on the re*'E construction corporation board 1 —has been virtue's own reward I and the privilege of listening-M almost every evening to radibl speeches by Republicans whwh I laud the President's tion program, and ask why Democrats had no program to B offer the country. * I They ar e beginning to fee fl bitter about this. Instead of* drafting their own economujE program and precipitating end—fl less fighting in Congress over ■ rival, party plans, they operated in supporting istration measures, most which were worked out in ceflß ference with Democrats. turally they grow angry wheXjj a Republican speaker claims the credit on behalf of the/edBK ministration. Mr. Hoover qjE been scrupulous to that the reconstruction projH gram is nonpartisan But thhiM is too fine a line for most of the Republican speakers to difcw. I Democrats have been boys about as long as thejKcaaM stand it. They have got. their paddles for the tration. They started them this week. There will ljß more of it as th e campaign progresses. •' oH NOTICE OF ADMINISTRATE Having duly ministrator of the estate Tljaß M. E. Garner, dec'd, county, all persons claims against the hereby notified to same to the undereiggHEGSH before Feb. 25, notice will be their recovery. All debted to said esta£e> ; jJEfjf quested to make Iniflditflfl payment to me. i Wm This Feb. 25, ; Jg| P. O.: King, N. C. r |^Bf H. H. Leake, Atty. J -9B Paul von HinddjjHjHJ leader and presiSfßEfl German republic *jH will run for anot)B9 londimßf*
The Danbury Reporter (Danbury, N.C.)
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Feb. 24, 1932, edition 1
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