ESTABLISHED 1876 LINCOLNTON. N. C, MONDAY AFTERNOON. JANUARY 17. 192J. 5 Cents Per Copy, $2.00 Per Tear. COTTON EXPORT MOVE LAUNCHED ANNUAL SESSION OF AMERICAN COTTON ASSOCIATION GOES ON RECORD ENDOR8INQ EXPORT CORPORATION. Raleigh. Delegates to the Second Annual Convention of the American Cotton Association held In Raleigh January 13th went on record as unan imously supporting a co-operative marketing association and the newly organised Cotton Export Company. L. 8. Tomllnson, who has been at the bead of the State Association during the past year, was re-elected Preil- Over a thousand delegates were in attendance at the meeting which was addressed by Richard I. Manning, former Governor of South Carolina, Aaron Saplro, Attorney for the Cali fornia Fruit Exchange, and Holllns Randolph, Attorney (or the Federal Reserve Board, sixth district Governor Manning dwelt at length on the advantages that the Export Corporation would 'offer Southern farmers and Southern people gen erally. When the American Products Export and Import Corporation was organised about two months ago, Gov ernor Manning was chosen its Pres ident. Joseph Walker of Columbia, S. Ch formerly of the cotton firm of Hollowell ft Walker, Is General Man ager for the corporation. The Corporation plana to stabilise the do mestic cotton market by shipping the South' surplus staple to Europe. One shipment has already been made and others will follow very shortly. Of considerable Interest to the con vention was an address by Mr. Sapiro, who has had extensive experience in marketing problems. He sketched the work accomplished In California and urged the State of North Carolina to be one of the loaders in the co-operative movement. Mr. Holllns Ran dolph explained the difference between the American Products Export and Import Corporation and the bankers export corporation, formed under the Edge Act. The Edge Corporation is limited primarily to discounting and cannot deal in commodities, whereas the organisation headed by Governor Manning is actually buying and selling cotton and the other chief products of the South. A State-wide campaign in the Inter est of the Export Corporation has been launched, and meetings vfiil be held la practically every cotton growing county in North Carolina. Mr. L. 8. Tomllnson, President of the State As sociation, has already arranged a num ber of meetings which he will address. Wednesday, he will speak in Albe marle; Thursday, January Nth, in Trey; Friday, January 21st, In Shelby; and Saturday, January 23nd, in Ruth orfordton. Mr. 0.. C. Manor of the Export Corporation will also speak at the Shelby and Rutherfordton meet ings and Mr. H. L. C. Stevens, alio a representative of the Export Com pany, will address the Albemarle and Troy gatherings. Realising that the European coun tries are not absorbing anywhere near the amount of cotton- they used to In pre-war days, cotton men of the South have for month past been looking around for a way to remedy conditions. Indications are that the American Products Export Import Corporation will solve the question. To enable Europe to secure the cot ton it needs, proper credit facilities moot be afforded and the Export Com pany with Its $iv, ),oo0 capitalisation will bo able to extend! such credits. Stock of the American Products Ex port A Import Corporation is being at 110 per share and subocnp- i are being received In cash or In or liberty Bonds at the market The company's North Carolina Otoe la located In the State Agricul tural Building at Raleigh. Endorsements of the Cotton Export Corporation have been received from many sources. Governor W. P. 0. Harding of the Federal Reserve Board and Governor M. B. Wellborn of the Federal Reserve Bank of At lanta have come out In support of the program. Former Secretary of the Treasury, W. G. McAdoo, has en dorsed the movement enthusiastically. Among the North Carolina organisa tion that are actively supporting the campaign are: American Cotton As sociation, Raleigh Clearing Howie, North Carolina A. ft . College, Ex tension Department; North Carolina Association Of Life Underwriters; forth Carolina Prow Association; Interstate Tobacco Growers' Associa tion; North Carolina Association of Hosiery, Manufacturers; Charlotte Chamber of Commerce; Rocky Mount Chamber of Commerce, and many banks and prominent individuals. The American Cotton Association at Ks mooting in Raleigh faced squarely the fact that the total cotton exports of the South had fallen off 73 since (he pro-war period. In the past the Southern States hare looked to for eign capital to finance their exports. Appreciating that this m no longer possible, the cotton men of this State and of the South generally are banding together fo assure the Joint success of the Co-operative Marketing Men BUDGET COMMISSION'S REPORT SHOWS EFFECT OF THE PRUNING KNIFE Requests Of State's Institutions Mercilessly Slashed. Raleigh. Jan. 12. Guessing at the budget commission s report, ended to day when that body laid its recom mendations before the general assem bly, which was to the effect that the University ot Nortn Carolina wouut get about $1,000,000 instead of $5, 000.000 and that cutting had been deeply done. Against the $19,918,490 asked by the institutions, the com mission recommends $4,995,000. For Maintenance. For maintenance of the institutions during the present year a total of $3, 606,760 was recommended. For 1922 the recommendation is the same ex cept in the case of the national guard, which would receive $76,000 instead of $60,000. Gardner's Last Word. When-the senate covened this after noon, Lieutenant Governor Max Gard ner said this very kindly thine about the people, Democrats and Republi cans, with whom he has been working 10 years: "It has been my good fortune to serve in the capacity of senator, presi dent pro tempore and presiding of ficer in six assemblies of the North Carolina state senate. In a moment my official relations with this general assembly will be terminated. Before my successor takes his seat 1 crave your final indulgence, not to pronounce a formal valedictory or pessimistic lamentation, but to bid you an official and affectionate goodby. My short association as your presiding officer during this term has been delightfully congenial and happy, and has served to insinuate each of you into the warmest affection of my heart. "In the range and vicissitudes of my life I think I have mixed and mingled with all the types and ele ments that compose our comnositc citizenship. I fancy that I know North Carolina pretty well ,havmg touched her life in almost every county, city, hamlet and village throughout the length and breadth of our state, but it would be a most difficult task if I would undertake to approximate an accurate picture of a typical North Carolinian. How would you describe such a person ? What manner of man is he "If through the alchemy of conden sation we could blend, fuse and con solvate the combined character, abil ity, vision, weakness and strength of this general assembly and divide the mass in 170 component parts, each separate, human, unit would possess most nearly the splendid attributes of body, heart and mind of a typical North Carolinian, and at the same time reveal, the truest possible type of a real American! tor after all, North Carolina in her racial integrity and Anglo-Saxon purity is the embodiment and incarnation of true American and genuine Americanism. Some cynic has said that "if a trav eler wishes to relish his dinner he had better not go into the kitchen to see where it is cooked, and rf any man wishes to respect and obey the laws of his state he had better not 'go into the legislature to see where his laws are cooked." The person who deliv ered this scripture knew nothing about the wholesomeness and sanitation the legislative kitchen of North Caro lina, and my answer to his reflection is that the more intimately I have be come associated with those -who have molded and shaped North Carolina state policy, the greater has become mv respectful admiration for the un selfish end exalted purpose of North Carolina legislators. In my extende 1 experience in the general assembly I can truthfully and proudly say that I have never known a member of the North Carolina legislature, Republi can or Democrat, who was even sus pected, direct or indirectly, of brib ery, or corruption in the performance of a public duty. It is quite possible that there are deliberative bodies nf greater learning, deeper insight and broader vision than is possessed by the average North Carolina general assembly. To be frank, I thi-.ik there are, but I challenge the representative assemblies and parliments of the world to surpass North Carolina in the homely and fundamental virtues of common decency, ami common sence the three essentials of popular govern ment that will always keep clean er.d clear and unpolluted the channels of our boated civilization. "It I were called upon to give a formula of action for a successful legislative career I would condense it into a liberal interpretation of these four comprehensive words: Confidence, Concert, Construction and Consecra tion. Plant yourselves firmly upon these four pillars of political faith; and though the winds may blow and the storms may rage, your destiny and the destiny of your state will rest secure." Lieutenant Governor Gardner lay ing down the gravel today after six sucessive years as- presiding officer of the senate, was signalized by an outburst of enthusiasm, in which Re publicans joined the Democrats and asked the majority to sent Gardner back to the governorship four years hence. Raleigh, Jan. 12. Retiring Gover nor Thomas Walter Bickett, who pre sented Governor-elect Morrison for the oath of office today, takes up the prac tice of law in Raleigh, and today ac cepted employment as attorney for Congressman R. L. Doughton of the Eight North Carolina district ,in the contest started by Dr. Ike Campbell, republican, of that District, for the seat in Comrress to which Mr. Dough- ton was declared elected by a majority of approximately 1,300 votes last fall. Major Bulwinkle's offer of three free trips to Washington next Decem ber to boys of the Nii.th district is commendr.ble. Already a good com growing district, this offer ought to result in keen competition and result- ling good among the farmer boys of the district (iastonia utsstte. bUYUWUK MUKluMJN & FIRST ADDRESS Raleigh, Jan. 12. With bands play ing, guns roaring, and ruiiroad wnis tles screaming at intervals throughout the inaugural prelude today, Cameron Morrison was inductei" into olfice, Thomas W. Bickett ushered out, and I Raleigh, even as Richard, is herself again. The ceremonies that took place to day in the city's great auditorium, in substantially 11 respects surpassed any gubernatorial event in North Car olina's history. Oldtimers went back to Zeb Vance, January 1, 1877, whon in snow a mile deep and temper ature 10 below zero the warmest heartest son of Carolina took hold of a government vastley smaller than which Cameron Morrison assumed to day. It was a day for memories and the state's great institution, Col. Fred Olds, recalled the day as but yester day. Reading back to that time when Vance opened his message with the famous: "There is retribution in his tory,'' it was a wonderfully warmer political atmosphere than that sur rounding Governor Morrison today. The Vance speech hadn't a word on the courageous utterance of Morrison. The Charlotte leader quite met and surpassed the best expected by his friends, he more than confounded his worst enemies who eavesdropped him for plattitudes, for worshin of the past and satisfaction with the pres ent. The ceremonial itself was but an in cident. If there was one thing that touched the great human heart of this old Mammoth Cave which they call Raleigh's auditorium, it was the spec tacle of little Angela Morrison march ing down the long aisle with one hand on the arm of her governor father and the other on Governor Bickett'3. She, a diminutive angel of eight years, strode along with the men, kept a per fect step and brought the house to its feet. On the stage was another little miss who stepped across tho rostrum with a bunch of Ameriaiii Beauty roses and gave them to the governor as he ended his message to tne people, rnis child was Miss Mar garet Clarkson, daughter of Governor Morrison's campaign manager. Of the marching soldiers, the roar ing gun, the playing bands , and the administering of oaths, programs com plete have been in the hands of the state. The important aspects of the day were the incoming governor's angle to the issues of state that im mediately concern everybody. Every body knew that the bands would play Dixie and that the crowd would yell; that it might articulate "The Old North State" and the populace would becomingly cry. But not everybody knew that Governor Morrison would become the intrepid champion of the state's very best and richest for schools, roads, health and taxes, but everybody knows it now. The first man to reach him as he took his seat was Lieutenant Gover nor Max Gardner who went out with Bicket today. Mr. Gardner, as Gov ernor Morrison's opponent in the pri maries af 1920 was early to the new chief executive to wish him power and opportunities to do for North Carolina all that a large-hearted leader might wish. The crowd was in gonerous mood. It seemed uncertain whether it loved Gardner the loser, Morrison the win ner, of Bickett the vanishing voice of the state for the past four years. Lieutenant Governor Gardner presided over the joint session which came to gether on the stage and immediately in front of the speaker's stand. As he rose to call the assembly to order the house sprang instantly to make its manners to as gracious a loser ac ever ran a race in North Carolina, Gardner was smiling, but he wis too full to risk a call then. The cheering con tinued until he had himself under con trol, then his musical voice rang high above all of those who talked today. Senator Delaney, of Mecklenburg, nresent"d all the state officials, Com imssion of Labor and Printing M. L. Shipman; Corporation Commissioner A. J. Max .veil; Commissioner of Agri culture W. A. Gram; Attorney Gen eral J. S. Manning; State Superinten dent of Public Instruction E. C. Brooks State Auditor Baxter Durham; State Treasurer B. R. Lacy; Secretary of ouhb o. nryan urimes; Lieutt. Gov ernor Morrison. The oath of office was ndniiniut.ml by Chief Justice Walter Clerk, The absence of a Bible tied up the cere monial for a moment. When Gover nor Morrison was announced, Gover nor Bickett was introduced, and the crowd again was on its feet cherrring iui outgoing cnampion. The band struck up Dixie, and again there was a season of riot. Then Bickett guitely, audible said: "The people or rorth Carolina have called into service as the chief executive of the state for the next four years, the Honorable Cameron Morrison, of Mecklenburg. The oath of nW win be administrated by the chief justice oi me state oi worth Carolina, and immediately thereafter Governor Mor riaon will deliver his inaugural ad dress." Following is tho text of Governor Morrison's inaugural address in full: I warmly thank the General As sembly, the city of Raleigh, the gracious committees and all friends participating in arranging for our inauguration. It is all so handsomely aim generously planned that I am both grateful and delighted. I also desire to express my deep ap preciation to all the people of the State, of both races, and of both politi cal parties, for the many acts ami ex pressions of good will coming to me from every section of the State since my election as your governor. Under our American system of free and tumultuous party nomina tions and elections we havs tne most intense and angry primaries and elections held anywhere in the world, where then is orderly government, bat after the tumult and shouting of our primaries and elections have passed, and in perfect ' liceuuiu ui nioi-uaaiuii ouu ni-vivii, wic people have chosen their officers, we yield to the choice of the majority and most united, generous and ; whole hearted loyalty and supnort . We are in complete accord in North Carolina devotion to the basic rtrinci- pie of orderly democratic government,! that the minority should submit to the ! majority, but because we realize that the questions involved in the primaries and elections, about which we differ, while important, are of far less im portance than the great principles and policies of government about which we agree, and which are never involved in our elections. We are in complete accord in North Carolina about the more important questions of government, but we allow ourselves to become excited and divid ed over the lets important questions about which we differ, and fail to agree upon plans and methods to have done the things we have moct at heart. If for only a few years we would give united effort to having well and glori ously done those things which all Christians and patriots vant done, and refrain from angry division and diverting excitement over tho com paratively unimportant things we dif fer about, North Carolina cduld be made the strongest and happiest de mocracy in the entire world. On this, to me, very happy occasion, I want to forget the few things wo differ about, and beg for deep con sideration and broad co-operation from all the people of the State in the ac complishment of some great anil noble purposes of State, which, above par tisianship and petty division, all good men and women desire done, and about which they differ only as to the methods and plans best adapted to their accomplishment. As your duly chosen governor. I ap peal to all the people of the State to unite in a great spirit of Christian concord and patriotic co-operation to write into the life of our State the program I am about to suggest. It is one I have found in the hearts of the good people of this State, and which has been disclosed to me by years of intimate toucn with their heartthrobs. Law Enforcement. We must enforce the law Against? crime in our State with God-lBce im partiality end justice. We must let the criminal in our midst know that organized society in this State will make no quarters with crime; that our Mates conception of justice though seasoned with mercy," is inexorable, and that in our practices of mercy. justification for lawlessness cannot be found. The legislative department of our government must provide ample courts of justice, and sufficient police power to enforce the law in this State witn such majesty and thoroughness that the criminal m the darkest cor ners of the State will know that our state is one of law and order, and that he who defies the law. either by stealth or overgrown power, will be made to sutler tor his selfish contempt of de cency ana ngnt. Our Institutions for the Unfortunate. We must take human carp nf nil our defective and unfortunate people, whose defects and misfortunes are of a character that they cannot care for inemseives, or be adequately caret! for by the private efforts of loved ones. In order to accomplish this God-like purpose, the institutions and organi zations set up by the State for the care of our defective and unfortunate people, must be made adequate for the treatment, care, and training of these helpless and defective ones with in our border in a manner worthy of a people who love deeds of mercy above all material things. And the delinquent girls and boys of our State must be cared for and trained as the conscience of a Chris tian civilization demand. Our institu tions for this sacred and patriotic work must be strengthened and made adequate to carry out this noble pur pose. The institutions and organizations which wc have set up for these noble purposes are well designed for the great work to be done, but we have discovered that the work to be done is so much greater than we knew that they must all be strengthened and equipped to do larger work than here tofore. Health. We must throw around the home and life of our people an enlightened world's knowledge of preventive me dicine, and make ceaseless war upon sickness, suffering and death in this State. Our Department of Health must be generously nourished and equipped for this human service. Dis ease cannot be sucessfully prevent ed by individual effort alone. Modern statesmanship demands that every practical efforts shall be made through organized health boards and expert officers to protect the health of the people. Our health department has accomplished wonders with the means furnished. I believo I express the deep desire of our enlightened people when I urge increased strength for this great department of our govern ment. Education. We must make the common schools u'ii '"""'"I? ""d education of our children as good as any in the world. We ought to glory in the difficulties overcome and nrooress mW l sacred and patriotic work in the last twenty years, but we want to go on and ever on, until the precious boys and girls of chance with any in the v'de world for u monern and up-to-date education Criticism of nast ach Woman !. ok solutely unjust, and will nnt h ated by the battle-scarred veterans of mo war on ignorance in '-his State, be gun twenty-odd years ago under the leadership of Charles B. Aycock, Charles D. Mclver, Alexander Graham and other leaders of our education is a glorious one. Our present weak ness grows out of our success. We have attained such o-lorinns rnit j that our equipment and organization is inadequated. There is honor to the State in the fact that our high schools ;will annually graduate some 4,000 boys and girls and send to our univer sity and colleges many hundreds more than can bo comfortably cared for and educated there. The number must be increased and will be increased. The common schools and standard high schools are just beginning to fulfill the vision of Charles B. Aycock that all the people of North Carolina should i be educated. It is no disgrace that our common schools have been so success ful as to overcrowd our institutions of higher learning. But it will be a badge of shame and degradation of the higher institutions of learning are not promptly made adequate for the demands which the success of our ef fort to educate all the people have so rapidly made upon thesemstitutions. Until recently it would have been an apparent waste of public funds tohave expended the money upon the State's institutions ot nigner iearin,r which we now know to be imperatively demanded. Public sentiment would not have justified it, but today with the higher institutions oi learning public and private, totally inadequate to give the boys and girls of our State, annually trained by our common school system the opportunities to go higher, which they demand, we must act generously and without delay. The condition is unfortunate, but could not have been reasonably fore seen. The splendid work of the stand ard high schools exceeds all expecta tions, and this coupled with the un paralleled prosperity enjoyed for a period until recently by our people, placed unexpected responsibilities up on these institutions for higher learn ing. The grand army of young men and young women marching to our University and institutions for high er learning from the standard high schools of our State, and other pre paratory schools asking the State to furnish them training and higher learning, will be tremendously in creased year by year. So, now the du ty is clear and cannot be escaped. We must make the State's University, the Agricultural & Engineering Col lege, the North Carolina College fcr Women the Teachers' Training School, every one of its institutions for high er learning, adequate to discharge the glorious opportunities which oar pro gress places before them. We must not look upon this condi tion as a liabilitv and financial diffi culty. .It is our State's greatest as set, and splendid as our accumulation of material things has been for twenty years, it is all of less value than the triumph of our great educational awakening. It is not a duty which must be performed, and can only be performed in sacrifice and self-denial, but it is a glorious opportunity to make an investment wh:ch is absolu tely certain to result in greater pro fit than any investment which our peo ple could possibly make, and which will result in increased prosperity and strength to every industry in North Carolina. , Good Roads. We must Have good surface roads in the State. The main highways must be of hard surface, and dependable every day in the year. The construc tion of the main highways must be forced by the State, and constructed under its agents in order to get them through a few unprogressive counties that will not construct them, and through a few poor counties which do not have sufficient wealth to justify their construction. We have few such counties, but the few make a complete system for the State impossible with out State action. It, therefore, be comes imperative, if ve are to have a reliable system of highways in the State over which the people can travel at all seasons of the year in safety and confidence, for the State to de part from its time-h6norcd policy of leaving the construction and main tenance of roads to the counties. In my judgment, we should not depart from local self-government in the matter of road construction and main tenances any farther than practicality and necessity require. It would be very unwise for the State to under take the whole duty of building and maintaining public roads, and it should be distinctly understood that except these main highways, the coun ties exclusively must provide roads. These main highways, in my judg ment, should be constructed without delay, and as a whole system, and not stretched over a long period of years, during which the whole State will be paying for, and only a part of it en joying good roads. There is too much danger of injustice in a partial sys tem under which roads will be con structed in some sections, and post poned in others, subject to a change in legislative intent, and which could result in some sections for many years or possible never done. And then I believe there is strength and sound business in constructing this entire "system of State highways as promptly as possible, it is unwise to start across the State with a road under a plan that may result in our building ano wearing out one end or the high way before the other is constructed. We ought to plan for a complete sys tem, under which there can be no in justice to any section. We will build this State highway system. The judgment of our people is formed about it. The only question is: Are we going to build it by piece meal, and in a large measure dissipate the advertising benefit and strength of it, or will we construct it, as speedi ly as sound business principles will permit, as a glorious whole? The piecemeal system is one of weak ness and timidity in front of a great duty; the complete system is a policy of courage and wisdom in the dis charge of high duty. It is a great question, and involves millions of dol lars, and yet I believe the nart of wisdom requires that we should bold ly move forward and under the wisest plan we can work out and reach con cord about, proceeds with courage and celerity to construct a complete sys tem of hard surfaced State highways. ine piecemeal system will involve the expenditure of hist as much mon ey. and in my judgment, more , and i lie indebtness of our State is trifling will largely defeat the only excuse fori when compared to that of most of the State action at all, which is to have a States. If we credit our State's in complete system for the whole State.' debtedness with the value of our rail- There is no argument against author - izing and empowering, through wisely devised agencies, the construction of tho whole system, except cowardly distrust of the judgment of our people in standing the shock of authorizing at one session of the General Assem bly the great sum of money involved. We need not fear to trust the people to approve wise action though it may involve some boldness. We ought not to be too sure of our own plan, but put all of our plans be fore the committees of the General Assembly, and submit our individual judgment and plan to the wisdom of the General Assembly s hnal action. But I believe I voice the high purpose of the enlightened thought of the reactionary and do battle with him in our determination to build this great system of State highways upon the wisest plan that we can agree upon, and as quickly as it can be done upon sound business principles. I am very confident in my own judg ment that the counties through which these highways go should be forced by the sovereign power of the State to pay a portion of the cost of building these highways; that when they are unwilling ot do so, the State with its unquestioned power, ought to make them do so, and not allow an unpro gres'ive county to stand up against the rest of the State and stay the march of progress through it. The amount which the county ought to be made to pay should be conservative and safely within the ability of the county. The whole expense of building these highways ought to be met upon the sound credit of the State and the counties and without one cent of any kind of taxation at the present for any purpose except to pay the inter est on the bonds, and, in my judgment, without one cent of ad valorem State taxation for any purpose in connection with it; the interest should be met through automobile, gasoline and kindred taxation and without one cent upon the general property of the State. I believe the up-keep of these State highways should be forced by the State through county action. We will necessarily have county organizations for the up-keep of county roads, and it will be duplication to make State provision for the maintenance and up-keep of these highways. Legisla tion can be enacted under which the counties will be absolutely forced to keep the highways up, and in connec tion with their local roads this can be much more inexpensively done thaii by the State, with an additional or ganization and system. The State should provide for inspection, for re port and for prosecution of county au thorities who fail to obey the State's commands, and the State should give the county ample authority to raise the means with which to keep the highways up within their borders, and then provide through its Department of Justice and through inspectors, to force the exercise of this power and the performance of this duty. I would regret very much to see the State adopt a permanent policy of keeping up these highways through State agencies. I am satisfied it would be duplication of county effort, unnec essarily expensive and very difficult to carry out without corruption and inefficiency creeping in. Experience has demonstrated that things which in their nature can be done by the counties will be better done by them than by State or federal agencies. The State must force the ronntriipHnn rf these highways for the reasons I have1 stated, but there is no reason apparent to me why the state cannot and ought not to force the counties to maintain and keep the roads up after they are constructed, and authorize and im peratively direct the levy of sufficient tax by the counties which to do so, and require this fund to be kept sepa rate and apart from all other funds. The only necessity for State action about the matter at all is because some of the counties are unable to build these highways without gener ous State aid. But for this fact, I would favor forcing action by the counties in construction of the nec essary highways to travel through them. After they are constructed with wise inspection and proper polic ing by the State, the county authori ties must be made to maintain them, and it will be easily within their power for the upkeep of the character of road which the State ought to, and must build, will be less than that of the present roads. It will be impossible, in my judg ment, for the State to finance a plan for these State highwavs which re quires the State both to construct and maintain the system without heavy ad valorem taxation, and public senti ment will not stand for ad volorem taxation for State purposes. After long reflection, I urge the con struction of this system of highways under a law by the present General Assembly, providing for a complete system to be maintained and kept up when construction by the county au thorities under careful drawn legisla tion, providing for State inspection, police protection, and cooperation of county authorities failing in the mat ter of maintenance and up-keep. Cost of Entire Program I am not unmindful of the solem re- DntnoiliillK, -1 '- - - At. i a. rin.nuj uj mivising me expendi ture of the vast amount of money which the program I have suggested requires, but the things mentioned ought to be done. Sound business principles require that they should be done speedily and without delay. We cannot progress in our spiritual, in tellectual, or material development unless they are done. They will be done, either generously and in a man ner to give us as a State the full heno. fit of doing them, or thev will h none by patch work and over a period of years, and in such manner as will largely dissipate the benefit to tho State of doing them and at greater cost in the long run. The entire program which I have suggested will require great sums of money, but in our ability to find the mon?y we are one of the most fortu nate States in the Republic. The pub ! road stocks, it would be almost wined out. The people are now burdened with unparalleled federal taxation, and many counties heavy local taxation, Therefore, we ought not to levy ad ditional taxation upon this State to make any of the suggested improve ments which are permanent in charac ter. But the credit of our State is in a most healthy condition and those who are so solicitious of future gen erations could not complain of the in crease of our public indebtedness for these great purposes when they re flect that North Carolina has hereto fore created practically no public debt for future generations to pay; and that we would, if this program was carried out, transmit to those who come after us a heritage nobler by far with the indebtedness than it would be without it. The necessary improvement at our institutions for the care of the un fortunate, the large expenditure re quired to place our university and colleges for higher learning in a posi tion adequately to meet the demands upon them, and far the construction of the State highway system of roads ought to be met by a sale of the State's bonds, and an increase of its public indebtedness. Taxation. We must adopt a new system of taxation in which State taxation and county and other local taxation will be completely separated. Under the new system we should levy no ad val orem tax whatever for State's pur poses, and ad valorem taxation should be confined strictly to local purposes. It is my purpose to address the Gen eral Assembley upon this subject at an early date, and I will therefore, re frain from entering into the subject with any particularity at this time; but we must adopt an entirely new system, shot through and through with justice, and one through which the burdens of State and county government will be placed equitable and according to the consciences of the State. Other Subjects There are other subjects in which, as your governor.I am deeply interest-e-.', but they are less important than those I have mentioned, and some of them being in their nature somewhat controversial, I omit refrence to them here, because I most earnestly desire that we may unite for the larger and more pressing purposes I have dis cussed. As To Entire Subject The program I have suggested does not contain new or revoluntionary ideas calculated to excite wild-enthusiasm, but in my judgment, it is a program which, if carried out, would make North Carolina the fairest and noblest habitation for men, women and children to be found upon the earth. Its adoption in completeness and fullness will require political courage of a high order, not because we do not want the things mentioned done, but because of the danger of dis agreement of friends of the program as to the method, manner and time of completing it, and I appeal to the pro gressive men and women of the State to come together upon this program, moderate their differences about other public questions to such an extent as to make impossible all diverting dif ferences, agree to details and plans, and courageously proceed to write it into law. The reactionary will whisper to the timid that this is a bad time to expend much money because of the depressed condition oi our whole business life. Business is depressed, and we have re cently suffered severe loss and shrink age in values, but North Carolina is still rich enough to take humane care of its defective and unfortunate, to guard itself as far as an enlightened knowledge of preventive medicine will enable it to against sickness and suf fering, to provide adequate schools for the training and education of its children, o build a system of roads suggested by sound business, and to do all other things reasonably neces sary in the discharge of the high du ties of a great State. Times are hard, but thev do not approach the se verity of conditions which we have met with courage in the past. We are gi ven in times of great prosperity to think depression and bad times will never come again; and in periods of hard times we are given to think good times are gone, never to return. Twelve months ago we were rolling in prosperity and expected the year 1920 to be the most prosperous in our his tory. A year ago we could not have foreseen the present depression and dispirited now, but business is a com plex and mysterious thing, and for all the wisest among as may know, we may in this depression be laying the foundation stones for a structure of business and prosperity the like of which our country has never known. We must not give up, prosperous times are sure to return. The United States is richer than any two or three coun tries in the world, and we have more productive energy and initiative abil ity than all Europe combined. North Carolina is one of the truly rich an ! great state or the Union, and nothing can keep prosperity from soon return ing to us except our own cowardice and pessimism. Let us recall the trials, sacrifices and triumphs of our lathers and mothers, and unite to futher upbuild our State and glorify our God. In this hour of trial and de pression I appeal to all the people of the State to go forward with courage and determination in every direction in which Christians and patriots art; looking. For twenty years we have splendidly progressed in North Caro lina, and under the assault of our ?:reat Christian democracy, under the eadership of the democratic party, we have made "Hell's foundations quiver everywhere.' ' We are in sight of victory on every battle field where the flag of Christianity and piogres sive democracy floats over the noble and the good as they war for right eousness with the reactionary and un progressive forces of our State. We must not march away and leave any battlefiield where right, justice and progress are contending with the foes of enlightenment and progress be cause of unexpected temporary busi- , ness depression we must go on, marching as a mighty army, "with the cross of Jusus going on before," until in North Carolina is truly great and nobly good.