Newspapers / Zebulon Record (Zebulon, N.C.) / Dec. 3, 1937, edition 1 / Page 18
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ECONOMIC HIGHLIGHTS Happenings That Affect the Din ner Pails, Dividend Checks and Tax Bills of Every Individual. National and International Prob lems Inseparable from Ix>cal Welfare. As Congress settles down to work, each branch has on its calen dar a sizable list of important laws which were passed at the last ses sion by one of the Houses but not by the other. The status of these bills is not changed by the end ing of the first session—they go over into the following session on precisely the same basis as if Con gress had not adjourned at all. Some of „hem will come up in the current special session those which do not, will come again into prominence when the regular, con cluding session of the 75th Con gress is called in January. The United States News recently pub lished a summary of the more im portant acts which have met the approval of one branch, and are yet to be passed or condemned by the other. The Senate, in its first session, passed several extremely impor tant measures, which are now ready for House of Representa tives’ scrutiny. These bills are: WAGES AND HOURS: The bill creates a Federal Board with sweeping powers to establish maxi mum hours of work and minimum wages, under certain restrictions. It is an Administration “must” measure, and was one of the two desired laws which led to the call ing of the special session. Chance for passage in present form is only fair; there is a better chance that extensive revision will be demand ed. Business sentiment is solidified against the bill, not, primarily, be cause of fear of the wages and hours standards it provides, but because of the feeling that the board would be a czar over in dustry. The business recession, which has resulted in a strong de sire on the part of many congress men to make the special and the next regular session reassuring to industry, has damaged the bill’s chances. CHILD LABOR: Will probably pass, then become an issue in the courts. WHEAT INSURANCE: Would set up a plan to protect farmers against wheat crop failures. Is highly debatable as a practical measure, but has good chance of passing, perhaps in revised form. REVISION OF FOOD AND. DRUGS LAW: Designed to correct weaknesses and inadequacies in the present law. Will probably pass, though not without strong opposi tion. TRAIN LIMIT LAW: Would re strict length of freight trains to 70 cars. Is supported by labor as a make-work measure, opposed by railway management on the grounds that its cost would be un bearable without major rate in creases, and it would make opera tion less safe. House opposition to the law has been growing. Chance of passing seems waning. CONDEMNATION O F SIT DOWN STRIKES: This is not a law but an expression of congres sional sentiment on a major issue of the time. Has much better chance of passing the House now than it did last session, but it may be tabled and never brought to a vote as many members would pre fer to dodge the question. Important laws passed by the House, and now on the Senate ros ter include: THE ANTI-LYNCHING LAW: This has been a burning topic for many years, and at the opening of the special session resulted in a virtual filibuster by Southern mem bers. Poor chance of passing— Southern Senators feel it would N. Y. Fair Manager NEW YORK (Special).—Grover A. Whalen has been re-etecled President of the New York World’s Fair of 1939 to serve until the close of the international exposition. He has donated his services as chief execut ve officer of the Fair for the last two years on a part-time basis. Now, however, at the request of the Executive and Finance Com mittees and the Board of Direc tors, he has severed all other ad ministrative and executive business connections and will henceforth de vote all his energies to the suc cess of the fair. destroy the sovereignty of the states, are prepared to talk it into oblivion whenever it appears. REVISION OF BANKRUPTCY ACT: Not a dramatic issue, has good chance of passing. REGULATION OF NATURAL GAS: Also has good chance of passage. PLACING POSTMASTERS UN DER CIVIL SERVICE STATUS: Practical everyone agrees this should be done —but not everyone agrees the pending bill is the way to do it. Opponents say the meas ure would give the Administration a stranglehold on the postmasters, and result in a tremendous political machine. However, the chance for passage seems good. REPEAL OF SALARY PUB LICITY LAW: Top corporation | salaries are now published period j ically by the SEC. Opponents say , this encourages blackmail, kid ! napping, other crimes; is an un i warranted invasion of private ; rights. Proponents say salary pub licity is necessary to protect cor porate stockholders from excessive 'and unjustif able executive salar ] ics. Chance of passage only fair. { REORGANIZATION OF FED | ERAL DEPARTMENTS: Like the . civil service for postmasters bill, j this measure is based on some thing that everyone feels is neces- I sary in the interest of govern mental efficiency and economy— but a great many people are op posed to the current proposal for the reason that it would place the ndependent bureaus, such as the FTC and ICC, under the Executive. Chance for passage fair. This does not exhaust the list of pending measures which have pass ed one branch, but it lists the most important. It may be some time, however, before most of them are debated —the business recession has greatly c v- aged the legislative out look. A strong congressional bloc, led by prominent Democrats, feels that Congress should first deal with legislation affecting all busi ness, such as the Capital Gains and Undistributed Profits Taxes, in an effort to stop the decline in pro duction, employment and earnings. I have several farms for sale cash o' terms also buildings and lots in Zebu lon. D. D. CHAMBLEE IZebnlon, N. C. READY TO BLOOM Giant French Mixed Pansy Plants Dollar Hundred, Postpaid Write for perennial list. CROWELL’S PLANT FARM Concord, N. C. DEAR FRIEND: Please bring my rope and tackle home. I need it badly at once. Charley Wil liams, Pilot, N. C. CABBAGE PLANTS FOR SALE Jersey Wakefield Nice, well-grown plants. For prices see F. P. HaIes—ZEBULON, Rt. 1 TRUSTEE SALE OF VALUABLE REAL ESTATE Under and by virtue of the power of sale contained in that certain Deed of Trust executed by Fred Marriott (unmarried) to O. M. Marshburn, Trustee, recorded in Book 733 at Page 537, Wake County Registry, (default having been made in the payment of the note secured thereby and at the request of the holder thereof) the unders gned Trustee will, on Mon day, January 3rd, 1938, at 12:00 o’clock noon, in front of the court house door, Raleigh, N. C., offer for sale at public auction to the highest bidder for cash, the fol lowing described real estate, sit uate in Little River Township, Wake County, North Carolina, sub ject to all prior liens of record, taxes and assessments, if any: Tract No. 1: Bounded on the north by the lands of Clement Hodge; on the west by the lands of Joshua Perry; on the south by the lands of B. F. Weathers and on the east by the lands of H. E. Merritt, containing 88 acres more ADS 1934 CHEVROLET MASTER COACH Beautiful Duco finish. Knee-Act ion wheels, restful Fisher body. Reduced $75 for today only to S3OO 19.13 CHEVROLET MASTER SE DAN—Its tires, upholstery show no wear. Its motor has been carefully tuned and checked. Backed by “an OK that counts’’ $275 1935 FORD TUDOR—In excellent condition—mechanically and in ap pearance. Reduced to only * $325 1933 CHEVROLET MASTER SE DAN lts tires, upholstery show no wear .Its motor has been care fully tuned and checked. Backed by “an OK that counts” $250 J M CHEVROLET CO. ZLBULON, NORTH CAROLINA or lesa. Tract No. 2: Bounded on the south by the lands of R. C. Hodge; on the east by the lands of R. C. Hodge; on the west by the lands of W. M. Jones and on the north by the lands of J. R. Fowler, con taining 27 acres more or less. Be ing the identical lands conveyed to W. O. McGibony, Trustee, re corded in Book 691, at Page 175, Wake County Registry, to which reference is hereby made for a bet ter description. This 2nd day of December, 1937. O. M. MARSHBURN, Trustee. Dec. 3-24. NOTICE OF SALE NORTH CAROLINA WAKE COUNTY Under and by virtue of the au thority of the power of sale con tained in that certain mortgage deed executed by P. R. Clifton and wife Lula Clifton, and recorded in Book 722 at page 205 in the office of the Register of Deeds for Wake County, default having been made in the payment of the indebtedness thereby secured, the undersigned will at Twelve O’clock, Noon, on Monday, December 20th, 1937, at he Courthouse door of Wake Coun ty, in Raleigh, offer for sale and sell at public auction to the high est bidder for cash, the following described property: Lying and being in Wake Forest Township, adjoining the lands of G. A. Ranes, J l . H. Lassiter, Macon Alford, and bounded on the east by the lands of J. H. Lassiter, on the north by the lands of Macon Al ford, on the west by the lands of Macon Alford, on the south by the lands of G. A. Ranes. Being the same tract of lands heired by P. R. Clifton from the estate of Ann Clefton, deceased, containing ten acres, more or less. This 18th day of November, 1937. W. G. PEARSON, Mortgagee. S. Dec. 17. 1934 CHEVROLET MASTER COUPE lts famous six-cylinder engine has been tuned to deliver new car performance. Its roomy Fisher body provides big car rid ing ease. Only $275 1934 PLYMOUTH COACH lts finish, t res, and upholstery show no wear. Its motor, transmission and axle have been carefully check ed for dependability and durability. See it and you’ll buy it $250 1933 PLYMOUTH COACH This car has been reduced $75 —the lovr est price at which we have ever been able to offer this model. With “an OK that counts" $175 Where’s Elmer? Won't Elmer catch it when he comes home? No sir, he will not. You don’t know Elmer. He will go by the Zebulon Sup ply Co.'s furniture Dept, and buy one of those new gadgets they have just received and take it along home with him when he goes. Why, when his wife sees that combination piece of furniture she will forget all about rolling pina and such like and go for Elmer with a big hug and a resounding kiss. Listen, men, you had better get wise like Elmer did. Go down to the Zebulon Supply Company store and have Mr. Alford show you that new combination. Got one opened and you have a nice kitchen chair; another, and you have a bedside table; still another, and you have a stepladder; and just one more, and 10, a substantial ironing board. Four pieces of furniture all in one. And —do you know it sells for only $5.95. Better buy one for you,r wife’s Christmas present. You can get it at at the Zebu (^rv 5 GOOD REASONS FOR BUYING A GOOD USED CAR NSW 1 Due to the populcriiy of the ■ new Chevrolet, your Chev rolet dealer hat on unusually fine stock of used cars. 2 He has substantially reduced prices in order to sell them fast and make room for more trade-ins. 3 By trading your old car now on a Guaranteed OK ut9d car, you may save costly repairs. 4 You will save further depre ciation on your old car. 5 You will have a car that it Guaranteed OK for thou sands of miles of dependable transportation.
Zebulon Record (Zebulon, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 3, 1937, edition 1
18
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