FRIDAY, FEBRUARY NINTH, 1940
ECONOMIC
HIGHLIGHTS
It has long been forecast that the
Land of the Rising Sun was head
ing for more trouble. And serious
trouble came home to roost in Ja
pan on January 26, when, at the
instance of the United States gov
ernment, the American-Japanese
commercial treaty was concluded.
As required by the terms of the
treaty, we gave Nippon notice of
this six months ago, and in the in
terim Japanese statesmen almost
desperately sought to patch matters
up. But Washington was adamant.
The difficulty of Japan’s position
is plain. The Japanese are a proud
aggressive people, and they have
been taught by their leaders (par
ticularly the army clique, which is
responsible only to the Emperor,
not to the civil government, and is
almost all-powerful) that they are
to achieve a great destiny. No peo
ple is more imerialist-minded. And
to build an empire requires vast
quantities of a long list of com
modities, to say nothing of man
power. Japan has the manpower—
her birth rate is the highest in the
civilized world. But she is poor in
resources. Even to feed her people
by low Asiatic standards is an ex
ceedingly difficult problem—visit
ors to Nippon are always impress
ed by the fact that hardly a foot
of land is wasted, and that the
highest ingenuity and efficiency
have been given to produce much
from little.
It is to this country that Japan
has looked for the bulk of those
commodities she cannot produce
herself —raw cotton, scrap metal,
macinery, oil, wood pulp, pig iron,
etc. And, on top of that, this coun
try has been the principal purchas
er of Japan’s exports, of which raw
silk is by far the most important,
followed by cotton cloth, tea, fin
ished silk, porcelain, and crab
meat. About a third of Japan’s
imports come from this country,
and almost a third of her exports
normally are bought by us.
Denunciation of the treaty does
not mean that Japanese—American
trade will necessarily be changed to
any extent. It does mean that,
without notice, this government can
levy excessive taxes or tariffs
against Japanese goods, can em
bargo part of our Japan bound ex
ports, and can do anything else it
considers wise or necessary. Thus,
the U. S., in effect, holds an eco
nomic pistol pointed straight at
Nippon’s heart.
Denunciation of the treaty re
sulted from two things: our disap
proval of Japan’s conduct in China,
coupled w'th Japanese mistreat
ment of American individuals and
property in the Far East. Our na
tionals were never so badly treated
as, for instance, the British, but
Japanese army authorities have
been far from gentle when Ameri
can rights were concerned. And
Washington observers think now
that this government will not con
sider renewing the treaty until Ja
pan gives absolute guarantees that
American rights will be fully re
spected—and, in addition, that Jap
an agrees to respect China’s integ
rity, and to live up to the Kellogg
pact which outlaws war as an in
strument of national policy. Fur
thermore, to bow to American pres
sure would mean a serious loss of
face — and that, in the orient, is
the worst of dishonors.
The probability is that this gov
ernment will turn the economic
heat on Japan slowly. First step
is likely to be an embargo on ma
terials of war, including oil, scrap
iron and machinery. That would
cost us money, of course, but it
would not be anywhere near as
serious to us as to the Japanese.
Japan takes only about 7 per cent
of our exports, and we get about
6 per cent of our imports from her.
The new Japanese premier, Ad
miral Jonai, is considered a moder
ate who is more or less favorable
to the U. S. But history indicates
the premiers who displease the im
perialist army group don’t last
long. It’s a good bet that our re
lations with Japan will get materi
ally worse before they get better.
Important political note, which
seems to have passed the rumor
stage, is that Postmaster General
Farley is at outs with the Presi
dent. In a recent speech he said
flatly tjiat he put loyalty to the
nation above loyalty to the Demo
cratic party.
Reason for the split is supposed '
to be Farley’s opposition to the
President seeking a third term.
Further, it has never been thought
that Big Jim was a real New Deal
er. He inclines to conservatism by
nature and by past association.
A Farley walk-out would be a
blow to the White House. Farley
has a tremendous personal follow
ing—a strong and genial person
ality, he makes and keeps friends.
As head of one of the most effec
tive political machines ever devel
oped in this country, he knows how
to get results. And many a delegate
at the next nominating convention
will “ask Jim” before supporting
or opposing any candidate.
A number of political experts
think that the President could not
win again if he lost the aid and
backing of Farley. So keep your
eye on the Postmaster General.
GASOLINE FROM WASTE
Six hundred thousand gallons of
gasoline are made daily in the
United States from gases formerly
wasted by refineries, by newly
practical processes known as cata
lytic polymerization. They convert
gases into liquid by applying heat
and pressure properly. An ad
ditional 300,000 gallons daily of
gasoline especially adapted for
modern aviation are produced by
modification of the same basic pro
cesses. The present production is
only a small fraction of that which
will be realized as these processes
are more widely used, but already
they add more than 325 million gal
lons a year to America’s gasoline
supply without taking any more
oil from the ground. The total
amount of raw material available
for these and other uses is equiva
lent to some 3 1-2 billion gallons
of gasolina annually, not all of
which can be converted into that
product.
NERVOUS TENSION
Shows in both face and manner
You are not fit company for
yourself or anyone else when you
are Tense, Nervous, “Keyed-up”.
Don’t miss out on your share of
good times. The next time over
taxed nerves make you Wakeful,
Restless, Irritable, try the soothing
effect of
DR. MILES NERVINE
Dr. Miles Nervine is a
I t scientific formula co m -
pounded under the super
vision of skilled chemists
in one of America’s most
modern labora
tories.
'IESS/why don’t yon try itt
gS Large Bottle SI.OO
| Small Bottle 25<
At your Drue Store
THE ZEBULON RECORD
SYNTHETIC-SILK FILTERS
»
One of the synthetic fibers de-!
veloped in the effort to find a sat-1
isfactory substitute for silk in
hosiery namely, “Binyon” has I
such remarkable resistance to cor- j
rosive acids and alkalies that the I
chemical industry is using it instead
of cotton duck and metal cloth in its
filters. To look at the beautiful
fabric used for this workaday pur
pose, one would thing it better fit
ted for heavy draperies. • Quite a
span that, from shapely feminine
limbs to highly corrosive sulfuric
acid, but both can be held in fabric
of the same material!
Higher
Local market prices of most
farm products averaged higher in
mid-January than a month earlier,
according to the U. S. Agricultural
Marketing Service in its latest re
port of the price situation.
ADMINISTRATOR’S NOTICE
Having qualified as administra
trix of the estate of Marion Louis
Rigsbee late of Durham and of
Wake County, North Carolina,
this is to notify all persons hav
ing claims against the estate of
said deceased to exhibit them to
the undersigned at Zebulon, North
Carolina, on or before the first
day of December, 1940, or this
notice will be pleaded in bar of
their recovery. All persons indebt
ed to said estate will please make
immediate payment. This, the first
day of December, 1939.
Myrcelle Bunn Rigsbee, Admin
istratrix Estate Marion Louis
Rigsbee, deceased.
(Jan. 5-Feb 9)
SALE OF REAL ESTATE
Under and by virtue of the
powers contained in that certain
deed of trust, executed by Elura
Tippett Mitchell to the undersign
ed, registered in Book No. 762 at
page 12. Registry of Wake County,
N. C., I will offer for sale to the
highest bidder for cash at the
court house door of Wake Coun
ty, N. C. on Friday, February
16th 1940, at 12:00 o’clock, noon,
the following described tracts of
land situated in Little River Town
ship, Wake County, N. C. describ
ed as follows:
All that part of the square No.
21 in the village of Wakefield,
North Carolina, bounded and de
scribed as follows: Beginning at
the Northwest corner of square
No. 21 and Proctor Street and
Shaffer Street, running thence
Easterly along the south side of
Proctor Street 60 feet; thence
Southerly and perpendicular to
NEW SUPER SOAP
Coneentrcfedl
SUPER 3 for
IN HE BLUk iCX 27c
Palmolive Soap, 3 for 20c
Super Suds (for washing dishes)
Regular size, 3 for 27c
Giant size, 2 for 38c
c,on. Super Suds (washing clothes)
Regular size, 3 for 27c
Giant size, 2 for 45c
Giant Octagon Soap, 4 for .. 19c
Special Octagon Soap, 2 for .. 5c
Large Octagon Powder, 3 for 14c
Special Octagon Powder, 2 for 5c
Octagon Toilet Soap, 3 for .. 14c
Octagon Cleanser, 2 for .... 9c
Octagon Granulated Soap, 2 19c
Octagon Soap Chips, 2 for .. 19c
Crystal Toilet Soap, 3 . . 14c
Hollywood Toilet Soap, 3 .... 14c
Klex (Pumice) Soap, 2 for .. 9c
Universal Toilet Soap, 3 for .. 14c
Vogue Toilet Soap, 3 for .... 14c
Fair Sex Toilet Soap, 4 for .. 16c
Palmolive Beads 5c
HOCUTT’S MKT..
Proctor Street 150 feet; thence
Westerly and parallel to Proctor
Street 60 feet to west side of
Shaffer Street; thence Northerly
along said line of Shaffer Street
150 feet to the beginning, contain
ing 9000 square feet according to
the survey made of Wakefield by
A. W. Shaffer of the date May
1889 recorded in Book of Maps in
the city of Raleigh, North Caro
lina, and being the same lot or
parcel of land conveyed to R. P.
Jones by A. A. Ferrell and wife
at evidence by deed dated April
29th, 1912, and recorded in the
Registrar’s Office for Wake
County, North Carolina, Book 263,
page 184.
Tract No. 2: Beginning at the
Iron pipe, N. W. corner of tract
No. 25; running South 86 degrees
and 155 E. 1129.3 feet to the cen
ter line of the Rolesville road,
thence along the center line of the
said road S. 26 degrees 30 min.
E. 230 feet; thence N. 66 degrees
30 min. W. 504 feet to an iron
pipe; thence N. 70 degrees 00
min. W. 502 feet to an iron stake
in the north side of the old Hills
boro road; thence S. 70 degrees
and 53 min. W. 572.3 feet to an
iron pipe in the center of the
old Hillsboro road, said pipe being
11 feet S. of an iron pipe on the
§®!d Coughs May Soon Se
Quarantined To Stop Spread
There is growing sentiment that
bad colds and coughs should be
quarantined. They spread so rapid
ly they cause more loss of time
from illpess than all other diseases
combined.
To stop a cold cough immedi
fately get Mentho-Mulsion. Montho-
Mulsion is the formula of the dean
of pharmacy of a large mid-west
ern university and contains nine
Icold cough combating elements, in
cluding vitamins A ar.d D to build
up cold resistance. Mentho-Mulsion
stops coughing and relieves tha
Professional Cards
•+
DR. CHAS. E. FLOWERS
Physician and Surgeon .
Office Hours ,
8:30 -10 a.m. l-3 p.m.
Phone Off. 2881— Res. 2961
>■" 1— » —1 - - ■■ > • •
ji GEO. SPRITE BARBEE |
Physician and Surgeon +
j| Zebulon, N. C. T
j. Office Honrs: Telephones: J
\ 9tolo A. M. Residence 2781 *
l 4 to 5 P. M. Office 3921 +
IRBY D. GILL
Attorney & Counselor at Law
Phone 2281
Zebulon, North Carolina
■Ml— ■
Dr. J. F. Coltrane
Dentist
Office Hrs. 9-12:30—1:30-5
Dr. L. M. Massey
Dentist
Phone 2921
Hours 9a.m.tos p. m.
Office in Zebulon Drug Bldg.
0. K. WELLS
WELDS O. K.
EXPERT WELDING
General Repair Work
Horse-Shoeing
Wendell N. G
N. side of the said road; thence
N. 3 degrees 45 min. E. 737 feet
to the point of beginning, contain
ing 17 acres, and being tract No.
23 in the division and sale of J.
M. Proctor lands. Being recorded
in Book 414 at page 208.
This January 13th, 1940.
IRBY D. GILL, Trustee
(Jan. 19 Feb. 9—4 t)
SALE OF REAL ESTATE
Under and by virtue of the pow
ers contained in that certain deed
of trust, executed by Eula Dunston
Perry and others to the undersign
ed, registered in Book No. 794 at
page 316. Registry of Wake
County, N. C., I will offer for sale
to the highest bidder for cash at
the court house door of Wake
County, N. C. on Friday, Febru
ary 16th, 1940, at 12:00 o’clock,
noon, the following described
tracts of land situated in Little
River Township, Wake County, N.
C. described as follows:
Located in Little River township*
Wake County, adjoining the lands
of Luther Dunston on the North;
E. C. Dunston on the South; Nan
nie Saunders on the West; and
Vernon Mitchell on the East, con
taining 74 acres, more or less.
IRBY D. GILL , Trustee
(Jan. 19 Feb. 9.—4 t)
stuffed-up feeling immediately. It
acts quickly to soothe and heal the
feverish, irritated membranes and
is guaranteed to rid you of your
cold cough entirely within the
shortest possible time or every cent
of the small cost will be promptly
refunded. Mentho-Mulsion is safe
to use and should ho kept on hand
for immediate use on the first ap
pearance of a cold or cough.
Mentho-Mulsion is endorsed by
'. our neighbors and guaranteed by
ZEBULON DRUG COMPANY
Business Cards
PLUMBING AND
ELECTRICAL SERVICE
BILL STRICKLAND
Anywhere Any Tim*
J. M. Chevrolet Co.
Chevrolets Oldsmobilen
New and Used Car*
Factory Trained Mechanics
J. A. KEMP & SON
Groceries Dry Good*
FUNERAL DIRECTORS
Phone 2171
Carolina Power and
Light Company
NOW—Electricity is Cheap
Phone 2511
Little River Ice Co.
Quality and Service
Phone 2871
» ■ - ---■ - ■ ■
JOHNSON BROS.
JEWELERS
Watch Makers Jewelry
Zebulon, N. C.
Everything
To Build
Anything
Massey Lumber Co.
Zebulon, N. C.
PAGE THREE