PAGE FOUR
THE DANBU R Y REPORTER
Published Weekly at Dunbury, X. C., by Pqill'r Bros. •
Wednesday, March 22,1933.
Pellagra On The Decline
The physicians declare that poor and insuffi
ent food, and improperly balanced diet, bring- on
pellagra.
One would very naturally suppose, therefore,
that in times of widespread depression and un
employment like these, when hundreds and thou
sands of people are undernourished and poorly
fed, that the pellagra germ would alarmingly
thrive, and that the death rate from this dreaded
disease would increase.
But the facts and the record don't somehow j
hear out the theory.
In the last issue of that very interesting publi
cation, the North Carolina Health Bulletin, a tab- 1
ulated statement is published showing the pella
gra situation in North Carolina by counties. In-!
stead of an increase of the disease, the figures i
show a distinct fall off in deaths from pellagra
for the last few years, especially 1932.
In 1929, there were 953 fatalities in the coun
ties from pellagra; in 1930, 1051 deaths; in 1931,
696; in 1932, 465.
If the theory of our learned and esteemed
friends, the doctors, is correct, we are unable to
understand the palpable discrepancy, unless up
on this hypothesis: That since the Rod Cross and,
other charitable agencies, with their activities |
largely augmented by the federal assistance of j
the R. F. C., have been operating almost entirely j
among the class who are supposed to be predis- j
posed to pellagra, a more sensible, scientific or
better balanced ration has been found available,
which is overcoming the disorder to a very ap
preciable degree.
Referring again to the Health Bulletin's table,!
we note that pallagra is faring but middling in
Stokes, where only one death from the disease is
recorded for 1932, one in 1931, five in 1930, 2 in
1929.
In Guilford for 1932 there were 20 deaths from
pellagra; in Mecklenburg, 33; in Wake, 23; in!
Wayne, 59.
Missing The Banks.
The V;Jik is to tN brsiness community what,
the K i > t;- thv h nvin n,
V'!::" y i •) t' ' iY v >m fur 1 ra
tioning. you are mighty near i. ady to send for
the i .'l rtakc". Hln th? I \ck ■ s its doors,
tfte life blood of busings coa - s to nrculate, md
trad t'.tkc-s on a p rlr? and sickly look. Bargaining
begins to limp, and traffic is so impeded that it
can not get its breath.
The r-üblic for mere th-'n t*v> now. since
the Ivmk holiday was proclaimed, has experienc-;
ed the tantalizing inconvenience of doing with
out banking facilities. You can't .get change, andj
merchants carry in their pockets checks with'
frazzled edges, while frequently there is a small
loss because you had rather lose four cents than
to miss making a dollar deal.
But most everybody is taking the inconven
ience good naturedly, and with a feeling that out
of the confusion and the uncertainty will emerge
a better financial system and situation.
Nobody except the nervous fellows that work
within the grilled cages know what the bankers
have stood during the last few years, when the
country has been slowly but progressively going
to the devil, and they couldn't help it. and could
not afford to talk about it. A bank's greatest
asset is confidence, and the money-changers
ha\ T e had to sit mute and smiling, while they have
watched with sinking hearts the undermining of
faith.
Especially in the country, where the country
banker's clientele consists almost wholly of
farmers, and whose securities have been farm
lands or farm properties, the banker has noted
the steady decline in the price of commodities,
the disintegration of agriculture, and the bank
ruptcy of homesteads where his values lay.
He has seen his securities dwindle and yet he
couldn't desert the ship, but fought on and with
a smile and a hope for better days ahead.
THE DANBURY REPORTER.
Deposits Are Now Guaranteed.
Some people believe that gold is a superior
kind of currency, and when they get hold of a
piece of yellow metal, they stick it away in a tin
can, a fruit jar or some other homely kind of re
ceptacle, and it passes out of circulation.
Only the ignorant believe that gold is worth
more than any other kind of money. It is not. A
gold dollar will not buy any more merchandise
or commodities than the paper dollar, and will
not pay any more indebtedness than the federal
reserve note or the silver certificate—except in
; foreign markets that are under the g-old stand
! ard. But our people have no dealings with for
eign markets. We trade only with ourselves, and
one kind of U. S. currency, whether gold, silver or
paper is good as another in the United States.
Since the bank holiday was instituted March
4, the government has been strictly after the
hoarders, especially the hoarders of gold and
gold certificates, and now it means SIO,OOO fine or
imprisonment, or both, to hoard. So if you have
on hand any silver, gold or currency that you do
not need, you had better put it in a bank.
Very naturally you ask, can I not do as I please
with my own money, and what if the bank
breaks, and I lose?
You could do as you pleased with your own i
money prior to March 4, but not so now. Why? Be
cause, the law says you cannot, and tells you why,
you cannot. Congress has passed a law against;
hoarding, with teeth.
The theory of your government is that your
money does not really belong to you at all. It is
only loaned to you. It is a circulating medium
vouchsafed to you, for the purpose of trading
and business.
The public's interest, which is superior to the
individual's interest, demands that the free cir
culation of currency shall not be impeded.
When the President of the United States is-|
s»ued the order to close every bank in the United
States, thousands of people had become panic
stricken and were drawing their money out of
the banks and thereby paralyzing industry and
business. Already many states had ordered
their banks closed to protect the country against
further runs, and to protect those depositors
who were standing by the banks.
We do not see why any person should now be
afraid to deposit with a bank that has opened for
unrestricted business. Before such institution
could open its dooix for deposits it was examine !
by the gov l'iimont, and the officer* or' the bi-nk
\vere furnished with, the "Go-ihea:!" f ,nv tifu-:\te
by i he Govor«n r of vhe >S*ate end the
'T-•ssio , .i\ Vet Denk-e both of w'»h m m\° au.t v !"' • v .e !
' o issue such ccn'tiiicate by the Secretary of the
. \ u'easuiy.
1 his constitutes a GUARANTY BY THE FED
ERAL GO\ i\- £'• NMla T AND THE ST A FH! OF
NORTH CAROLINA THAT YOUR MONEY
WILL BE SAFE.
Acting unon this assurance the people every
where wr. their money into the banks—
gold, silver ancl currency—at a rate not witness
ed since the gold tide of 1918-1919.
If our people of Stokes county have money in
hoarding, we would advise them that they are
justified now in entrusting their savings to the
bank, and in so doing they will bq serving then
country patriotically and well, helping- to lift the
depression and avoiding the dangerous risk that
attends those who keep valuables in their homes.'
I
Ave, Asphodel
Announced by peals of zig-zag lightning, and
| ushered in by a cold thunder shower. Monday
, night about half past nine, it is reported Spring
I duly arrived.
Although the fair visitor has not yet been seen,
we are assured by the Almanac that she is in the
vicinity.
Whereupon, everybody is happy with antici
pations of sunshine and roses again, if we can't
have anything else. All hands are certainly tired
of things that are the opposite of the sweet fresh
ness and welcome and innocence of spring.
Let the jay-bird fly high and sing his madrigal-
The element of surprise is essential to success
ful humor. Don't begin: "I was right well tickled
the other day." Th°" vour hearers oxpect some
, thing real funny. Unless you are able to pull off
a sure enough good one it will fall flat.
Why The Treasury Is Calling In The Gold.
Under the United States currency laws, before
new money can be issued, it must be backed up
by gold or its equivalent. Otherwise, we would
be debasing- the currency, which would become
cheap, like the paper money issued by Germany
during- and after the war.
For every dollar in gold in the treasury vaults,
two and onq-half dollars in paper money may be
issued.
Since the bank holiday, more than 300 millions
in gold that had been hoarded, has been return
ed to the banks. This huge fund may therefore
form the basis for the issuance of 800 millions of
new treasury notes.
This is why the government urges you to de
posit your gold in your bank, which will turn it
over to the Federal Reserve banks.
The United States has more than four billions
of gold in its treasury. France, the second largest
gold owner in the world, has more than three bil -
lions.
THE PRESIDENT'S
RAPID-FIRE WORK -
NORR.s TO IIAVI: TIIK "Xl:\v
l»K.\l" 0'\(TI(«IX« IN II Kill
GKAIt ItV TIIK SI M.MKII—TIIK
HKMAI'K Altl.K llCCOItl) O !'
TWO \VKI:KS. i
!
j
Washington, M iri'li is—Privide'it
Uoo-pveh tonight nftor two weeks 1
of rapid-fire action and long hours
of work, had high hopes of fvcin : '
the major features of liik "iicw deal' '
In operation l>v early s'umnier. ( 1
(liy Iho almost iinaiiitnon.i '
oonirr'-sxlonal np| "f his pro.
gram and the favorable nation-wide '
{
r"ae'ion. Mr. l!ooM"veIt went f
ward in the determinat'on that there
shall hp no letup in ae:lvities until
every proposal is an accomplished '
faet.
Air".'idy he ha* won from i'otigrpi'
war-time powers to h;>lp him carry
his- pledges linking to economic re
covery. In addition, .-tint red I>y word
from "hacls homo" to cutpport the
PiX'-uls nt. I'ongrpss Iris p.'-ivd ••!*
!•-• in process • f passing the follow.
1 ng:
!. I*tii"'f::i'tii-y !i •:! lateitl t • ••! 11' i f
' ani; n-.-. -!• a ■ t ••n.
" «J.• •ii 1 1 ii' ■ 'he I *.•••••.' lent i r!; • .
!t , | , I ■' V.L . ' ll.'
• ,i •.v''i " of .«".uo.no ..in...,
:t. ai ,r v , .|
p IVII i I •• r .•!' !■'■
M'. I.'a pVi>!t w -1; ,1 1•; t.i t v
hour- di !v , • iho ' la': v • w' - -
■•if '1 h'-; r nnimeinl it: 'lis li t"
law. lie held c-enfi reni--- all." i >n.
fotonco with c-i' !n■ ■ t »ieiub t .r,\ !• "id.
i-rs of li'i|li parties on i'ap\pil Mill,
and when lie found it itnpos-'hla to
have them at hi« doU in the White
House he used tlie telephone -to ex
plain his desh'CH and to impress up.
i ,
on them the necessity of moving
i swiftly. |
j '
\\ Ith hir-i empngenoy three-point
Program almost out of the way the
; President swung 'immediately into
j the task of presenting to ITourje > t nd
Senate a comprehensive five-point
I schedule, calling for the following:
' 1. Unemployment relief.
2. Railroad rehabilitation.
3. Further hanking legislation.
4. Curbing of speculation.
5. General legMa.tive matters prob.
ably Including power.
As to agriculture, Mr. Roonevelr.!
I now is waiting for Congress to act
: on a bill providing for farm relief In I
j time for the spring planting. That I
measure was evolved after conferJ
| cneen with agricultural leaders an i
j represents wih.it friends believe to be I
lan achievement of first magnitude.!
. No mean Job wni» represented, it
j was pointed out. In reconciling, in
i the mldt of the U.,nk crl?l s , the
WED. MARCH 22, 1933
opinions of thoi-'e farm leaders to
t.lu» terms of the bill.
From what congressional elii ob
tains have told '.he PrcHJclent. he ap
peared confident that there would
be no serious hitch to his general
program. Sources clone to the Will it e-
I louse declared he was confid'-nt
that May I the legislative fdate
would he wiped cli;n of pending
matters.
The President planned to eatch up
on si,',.p over the week-end and put
the last tenches to tthe unempley.
nient program which lie will isiibmit
either Monday or Tuesday in a mes.
saue to ('migress. IJ lilruad relriblli
tati 'ii would then follow.
During the day Mr. I Sow-welt saw
a delegation headed by Governor
ISltchie of Maryland, on a "Purely
l'l'lil matter" that had to do. it was
reported, with banking. Then he
conferred with Senator Nye of North-
Dakota, and Senator Gore of Okla.
ho m a.
Nye asked that eoncldeDitlon be
given farm and small home refinan
cing. G iro i-"»ittc-t« d that i-t'iidy b>
" Veil !i;.s pi-op. i-' (| enlist it Utional
amendment fit: - i unified banking
•j. t in.
In Mertor?a*«
!\ ! I>\ ! \•. MKMoIJY «»»• Mlts:.
P. ■»* •• .i 5 IN Hill) P.\ss I II
\n ** MI rtiiiMi io. i
' \\ e -II 11. lie I- I'll. 1 . IIO'IY
! 1 •" I- v Ml t V.
P.': we l.eiw > n .•!•••• in Ilea Ven
i • r:n i■•(• to dwell
'li is ("i'! in mi;- home, loiieiy are
our heart- today.
For the one wo loved so dearlj has
forever pa-ced away.
We ini.-i-i you sadiy. now, dear nioth_
I'l". we miss you from your place,
A shadow on our life is east, we miss
|
your .smiling face.
'Phose dear handf that tolled for us
are folded; your warm heart is
still:
A place is vacant In our home that
q.in never lie fillied.
Cood-hye. dear mother, from friends
and loved ones yon have gone,
To gather with the angvls (around
that happy throne.
Farewell to you dear, dear mother;
that is awfully hard to say;
i
j Rut we ihopp to nieet you some day
|
| You are gone but not forgotten nor
will you ever be.
1
As long as life and memory laet—
! we will always think o,f thee."
nun SON.
Ru.fus Throckmorton of Walnut
Cove was inlown Tuefdrty.