P !FRIDAY, MAY 31, 1929 0SSsj WILL'S rui't Agree Time Will Come [ When Colleges Won't Be I Necessary / Ldiested at length I columbus- Miss., May 27.?Three Luvents were advanced here to-1 ty by Dr. Frank P. Gaines, presiLjt 'of Wake Forest College, htfst the theory recently advancL by H. G. Wells that with the/ Lyiiopment oi civilization the colLe will cease to exist, in address-/ Eg the graduating class of Missis-/ [ppi State College for Women. I |Dr Gaines, formerly a member I die /acuity of Mississippi Agri. / * - ?nrf Mechanical College, treated at Jength on Well's l Eflyiii the baccalaureate address. -The supporting argument Is 1*: since education represents at I M merely an o;i;jortumty for the Kjridual to di.vcver fact, and! Cj facilities for spreading infor-l Cjon, like the radio, the public Carj- and the public lecture will I j Cand enormous!}', there will ac-l( Ciy be no justification for the /, Cjnitions that cost large sums of // Cney and demand great expense I energies cn the part of stu-jl Cts." Dr. Gaines said. |J The adoption of any such pro- j Cm for education must be at the I Cense of certain immeasurable! Cues," the speaker argued. He!1 Cimarized the \alues as follows: ' He stimulation of personal! Btacr. the effect of living in a 1 Ml of personality wliich rubs offr up corners of temperament,!' Mich puts forth from time tor Me egergent giants of personality 1 Mo inspire the youthful student to'' Kiev resolution of purpose. ; Bite perfecting of personal com- j Benre by the slow routine of permwnce: this value of education B .not at the end of the journey j B along the road, the slow, hard ( Bd; herein pupils acquire mas- , Mes of mind and will and they Iir transfer this academic tram- t , relatively trivial, to the tasks j life, immensely significant. r The establishment of life's loy- c es; the scope of our loyalties ands as though a series of con- g trie circle, each fairly definite c state; osmopolitan Fire Insurance Condition October 3rd, 1928, as jiount of Capital paid in cash lome?From Policyholders. I miscellaneous. ASSE posited in Trust Companies and Bi I Total admitted Assets. LIABIL1 pal actually paid up in cash Iplus over all liabilities plus as regards Policyholders Total Liabilities I President, Jas. Lee Kauffman; Se pcis E. Storer: Home Office, 5 Bee! I Service, Dan C. Boney, Insuran pager for North Carolina, Home < STATE OF NOR1 INSURE 11. Dan C. Bcney, Insurance Ccmn [ e ls a true and correct abstract i I nre Insurance Company, of Ne ITOnt. shouino- tVhri nAMfiiis written 11,412.71 >s written _ ooi.?i lent 30.45 $144,807.10 381.91 $144,425.19 ITIES lims $ 9,632.36 22,071.89 4,900.86 statement 1,974.31 wept Capital $ 38,579.42 $105,845.77 .$105,845.77 $144,425.19 AROLINA DURING 1928 ; Premiums received, $1,363.88 ,256.00; Paid 141.00 Home Office, Kansas City, Mo.; Insurance Commissioner, Raleigh, Home Office. TH CAROLINA, ANCE DEPARTMENT, Raleigh, May 14th, 1929. immissioner, do hereby certify that ct of the statement of the Universal -e Company, of Kansas City, Mo., the condition of said Company, on I, the day and year above written. DAN C. BONEY, * Insurance Commissioner. THE Says Cheap Labor Is Help To No One Twenty-five years ago this week The Progressive Farmer published a notable address by a man who was not then famous but has since become so. Walter H. Page was the man and his subject was "The Profit of Good Training." In a powerful way he stressed the fact that nobody is helped bj cheap, inefficient labor but everybody is helped by having every man trained in a way to work with efficiency and to commang good wrges. On this point he said:"Looked at from the point of view of the individual, it is clear that it pays an individual to be trained. But how is it looked at from the DOint of vipw of ("Via mtifiln . -w ?? W* W*AV HAlUiC Will munity? If I want a man to shovel dirt, perhaps, I do not need a trained man?I want a man for 70 cents a day, not for $2.50. If everybody in a community be trained, who will shovel dirt and chop the wood and draw the water? Does not every community require a large number of untrained, lowpriced men? No! "That is the fatal doctrine that cur fathers fell into and lost leadership thereby. It is this doctrine ihat has cost the Southern States 100 years of progress, for this is nothing but a sequel of slavery. If ;very man in the community were .rained, you could have your dirt shoveled more cheaply than now. A trained man would drive his scoop to your dirt, attach it to an ;lectric wire and shovel your dirt nore accurately,more cheaply, more juickly than any Negro in Alabama STATI County Fire Insurance G Condition December 31, 1928, Amount of Capital paid in cash.. Amount Ledger Assets Dec. 31st previous year, $2,030,752.65; Income?From Policyholders, $271,9! Miscellaneous, $1,051,089.53; Disbursements?To Policyholders, $c Miscellaneous, $945,003.69; Rire Risks?Written or renewed Hr year, $164,934,605 All Other Risks?Written or renewec during year, $13,316,045 ASS Value of Real Estate Mortgage Loans on Real Estate... Value of Bonds and Stocks. Deposited in Trust Companies and Agents' Balances, representing busin subsequent to October 1, 1928? Agents' balances, representing busin prior to October 1, 1928. Interest and Rents due and accru< All other Assets, as detailed in sta Total.. Less Assets not admitted Total admitted Assets LIABI Met amount of upaid losses and els Unearned premiums. Ledger liabilities Salaries, rents, expenses, bills, accou fees etc., due or accrued Estimated amount payable for Fed county and municipal taxes due Contingent commissions, or other cl All other liabilities, as detailed in_ Total amount of all Liabilities < Capital actually paid up in cash? Surplus over all liabilities Surplus as regards Policyholders.. Total Liabilities. BUSINESS IN NORTH I Fire Risks written. $72 All other Risks written 2 Losses Incurred?Fire President, Wm. H. Koop; Seen Treasurer, Geo. E. Krech; Home O: Pa.; Attorney for service, Dan C. 1 leigh, N. C.; Manager for North Ca STATE OF NOI INSU1 I, DAN C. BONEY, Insurance ( the above is a true and correct absi Pire Insurance Company, of Pnila< ment, showing the condition of sai cember, 1928. Witness my hand and official se Over If 1 the Old jm m ShinglesJm Permanent Protec Beauty ? IET us show you s J Beaver Vulcanite tiful colors and blends, ? proof and fireproof in glad to get you an < with these colorful shir LEAVER VULCA Whites' Building Warrenton WARREN RECORE can do it. That sort of activity is happening all over the industrial k ' world. Men once pegged shoes by hand. They are pegging much more ^ cheaply by machinery. Whole towns are giving to shoe-making; and a 5 man who invented shoe-pegging | machinery lately died and eft a great legacy to Harvard College, Men once shoveled iron ore by spades. On Lake Superior tons of ! ore are now lifted from the eartn r by machinery, and it is not once ' moved by the muscle power of man 1 till it becomes steel rails and they are laid on the roadbed. It is pre! cisely this kind of trained activity that has enabled the United States to take the lead in the industrial world. Here is the whole secret of it?training from the bottom up. "Economic civilization moves for ward only as the whole mass of activity becomes more efficient. Are you a lawyer? Your dirt shoveler can never pay you a large fee; but a trained man who works machinery may. Are you a merchant? Your untrained dirt shoveler can never buy much from you with his 70 cents a day. But a man who earns $4 a day is worth having as a customer. Are you a railroad? Your untrained man has little money to travel and nothing to haul. Are you a cotton mill? Your untrained man or woman can't buy much cloth on low wages. Whatever you are, you fare better if all men about you are trained, and you fare well in proportion to the number that are trained."?The Progressive Farmer. Cotton left thickly in the drill, with two or three plants each 10 or 12 inches apart, will fruit earlier and yield better. :ment ompany, Philadelphia, Pa. as Shown by Statement Filed $ 500,000.00 Total, 2,030,752.65 10.07; Total, 707,011.90 178,015.91; Total, 1,323,019.60 iring In force, 81,620,101.00 1 In force, 6,754,945.00 SETS $ 30,208.38 ? 7,000.00 1,327,379.41 Banks on interest 188,133.42 ess written 147,817.18 ess written 8,769.67 3d... 13,340.83 tement 401,144.15 $1,828,158.68 8,769.67 $1,819,389.01 LITIES lims .$ 64,803.40 381,192.97 79,598.03 nts, 10,000.00 leral State, j or accured 80,000.00 larges due or accrued 12,500.00 statement 27,582.12 jxcept Capital. $ 655,676.52 $ 500,000.00 663,712.49 $1,163,712.49 ...$1,819,389.01 CAROLINA DURING 1928 11,153.00; Premiums received, $7,630.23 16,458.00; Premiums received, 89.23 104.17; Paid 9,602.63 ;tary, Alex R. Phillips; Secretary & . . . < n m "T?1 LI. rii TM.M. tnce, iiu fc>. .fourui ?t., jrnnaaeipiua, Boney, Insurance Commissioner, Rarolina, Manchester, N. H., Office. ITH CAROLINA, ^ANCE DEPARTMENT, Raleigh, February 6th, 1929. Commissioner, do hereby certify that tract of the statement of the County ielphia, Pa., filed with this Departd Company, on the 31st day of Deal, the day and year above written. DAN C. BONEY, Insurance Commissioner. tion... Fade-proof , Fire-safety amples of the newest Shingles. Twelve beauill permanent. Weatheri addition. We will be estimate on re-roofing igles. Write or phone. ,NITE SHINGLES ,r Supplies, Inc. , N. C. | ! i Warren i Four hundred and fifty farmers [ of Wake county attended the recent r dinner given by the Raleigh Chamber of Commerce at State college. 6 6 6 is a Prescription for Colds, Grippe, Flu, Dengue, Bilious Fever and Malaria. It is the most speedy remedy known. 20 YEARS' EXPERIENCE Let us drill you a well. WHITE PUMP & WELL CO., INC. pnone 212-1 Norlina, N. C. Got Up In The Morning Feeling DIZZY | "I BEGAN tO Buffer with headache and biliousness," says Mr. ? John C. Malone, of F Buena Vista,Ohio. "I M had a hurting through iiJ the middle part of 1 &ijM mv body which seemed to come from indigestion. I would get /JhVv constipated, and then y RVy 2 feel all out of sorts. j \\ V\ I would get up in the ' 1 morning feeling dizzy, and everything I ate 1 would disagree with me. "Someone askedme why I did not try Black-Draught. I found it to be just the medicine I needed. When I feel a spell coming on, I begin by taking a dose of BlackDraught, dry, at night. I continue to take it for several days, and in a short while I am feeling fine. It is all the medicine I need." Costs only 1 cent a dose. THEDFORD'S BlackDraught For CONSTIPATION J I INDIGESTION, BIUOUSNESS/ WOMEN who nee4 a toplo / ihould take Cardul. In / , Jj OB6 ov?r 50 yeara, xk-\*?/ nr la I i ILJPfiasjLs ! liiiiiil lOwl I! D. F. S. R., 18 F1 I Tobacco We have rec another car on the flues ?v/. "j~|l u! . B. S. F. 8. R., 16 Ft. B. . . : .