Newspapers / The Skyland Post (West … / Jan. 13, 1938, edition 1 / Page 2
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PAGE TWO Reed May Succeed Southerland On U. S. Supreme Court Bench Sutherland To retire On Jan uary 18.' Was Against New Deal Policies. Washington. Associate Justice George Sutherland informed Presi dent Roosevelt last Thursday that he will retire from the suprme court in 13 days, thus definitely shifting the balance of power on the high bench, to the liberals. High administration officials im mediately began a campaign to have Solicitor General Stanley Reed named as successor to the 76- year-old Br«tish-bom jurist, Reed is 53. Sutherland, slight, graybearded master of rhetoric, has been asso ciated with the court's conserva tive faction since he was named to the bench in 1922. He has voted almc«t consistently ag;ainst new deal legislation. For the past six years he has suf fered from recurrent stomach trou ble and, it was reported, considered resigning 15 months ago. Then President Roosevelt opened his campaign to expand the member ship of the court with a view of ob taining more favorable rulings on his r controversal program. Sutherland immediately aban doned his retirement plans, telling friends that he refused to quit un der fire. In swift succession the Sumners bill enabling jurists past the age of 75 to retire on full pay, was passed by congress and the senate killed the court plan. Feeling that the court issue now , is, “dead,” Sutherland today ar ranged to step off the bench at the end of the January term. He called newspaper reporters together and 'handed them a copy of the letter of retirement which he had sent to the president It was brief and di rect, saying: , “Having reached the age of more than 75 years and having held my commission as associate justice of the supreme court of the United. States and served in that court for} 16 yefers, and thus being eligible for retirement under the Sumners act of March 1, 1937, entitled ‘an act to provide retirement of justic es of the supreme court,’ I desire to avail myself of the rights, privi leges and judicial services specified in that act; and tp that end I here- retire from' VegulaV active ser vice on the bench, this retirement to be effective on and after Tues day, the 18th day of January, 1938.” Charter No. 8571 Reserve District No. 5 Report of Condition of the First National Bank —OF— WEST JEFFFERSON, IN THE STATE OF NORTH CAROLINA, AT THE CLOSE OF BUSINESS ON DEC. 31, 1937 Assets Loans and discounts $280,934.69 Overdrafts 25.10 United States Government obligations, direct and (or) fully guaranteed 26,894.61 Other bonds, stocks, and securities 13,970.00 ■Banking house, $3,000.00. Furniture and fixtures, $1500.00 4,500.00 Real estate owned other than banking house 6,162.56 Reserve with Federal Reserve bank 42,233.76 Cash, balances with other banks, and cash items in process of collection 190,789.27 Cash items not in process of collection 25.26 TOTAL ASSETS $565,535.25 Liabilities Demand deposits of individuals, partnerships, and corporations $289,459.95 Time deposits of individuals, partnerships, and corporations 180,948.81 State, county, and municipal deposits 21,815.60 Deposits of other banks, including certified and cashier’s checks outstanding 6,976.27 Total of items 14 to 18, inclusive: (a) Secured by pledge of loans and (or) investments _$ 17,167.67 (b) Not secured by pledge of loans and (or) investments __ 482,032.96 (c) Total DEPOSITS $499,200.63 Dividends declared but not yet payable and amounts set aside for dividends not declared 3,000.00 Other liabilities 280.96 Capital account: Common stock, 250 shares, par $1,000.00 per share $ 25,000.00 Surplus - : 27,000.00 Undivided profits—net 11,053.66 TOTAL CAPITAL ACCOUNT 63,053.66 TOTAL LIABILITIES 565,535.25 Other bonds, stocks, and securities 6,450.00 TOTAL PLEDGED (excluding rediscounts)— 6,450.00 TOTAL PLEDGED $ 6,450.00 STATE OF NORTH CAROLINA, COUNTY OF ASHE, ss: I J L SEGRAVES, cashier of the above-named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief* v 3 J. L. SEGRAVES, Cashier. Correct—Attest: R. C. RAY, E. A. McNEILL, B. E. REEVES, Directors. Sworn to and subscribed before me this 7 day of January, * 1937 B. B. GRAYBEAL, Notary Public. ’-dm# & ■ ■, >■<••; ... ; CUE CHAMPION Ruth McGinnis, the outstanding woman pocket billiard player of the world, shown practicing for a pro fessional match in New York city. A protege of Ralph Greenleaf, Miss McGinnis has lost only 20 out of 1,050 exhibition matches in the last three years. She is the only left handed pro in the game and boasts a 620 to 114 victory over Babe Did rickson. INCREASING STRENGTH OF U. S. REGULAR ARMY Major General George Van Horn Moseley, Commanding the Fourth Corps Area, announces that the re cruiting c'ampa’gn inaugurated early in November, 1937, for the purpose of bringing Regular Army units to full authorized strength has been most successful. Inten sive recruiting activities will, how ever, be continued throughout Jan uary. All Fourth Corps Area va cancies have been filled except for White Infantry, Fort Benning, Georgia, and Field Artillery, Fort Bragg, N. C. Young lads desiring to enlist for service in the 29th U. S. Infantry which is stationed at The Infantry School, Fort Benning, Ga., or for service in the Field Artillery at Fort Bragg, N. C., are urged to ap ply at once. For assignment out side of the Fourth Corps Area, Army officials announce that the young man desiring to travel and see the world can just about have his own selection of a station in view of attractive assignments. tie; skyland POST, WEST JEFFERSON, n. c. * A OUR PUZZLE CORNER w/ /^ r j^ 9 l 9 £TT£R j '"Tio — I||\ ° ERROR S i YOUfY£UD MUSIC? \ " //V TWS Y , \ U l ESTATE S X Y TEE NOTES.-. ■■■niw I .11 Copyright Features, Inc # * I H NEWS I Records Needed As A Guide To Farmer Many a farmer who has been losing money for years without knowing it has found that by keep ing records he can find the “leaks” in his business, £lug them, and make his farm show a profit. In farming, said R. E. L. Greene, assistant agricultural economist of the N. C. Agricultural Experiment Station, it’s easy to lose money without knowing it. A farm may supply a family with food to eat and clothes to wear, but at the same time bad cropping practices may be wearing out the soil so that at the end of the year the farm may be worth consider able less than it was at the first of the year. By keeping records, a farmer can tell which crops are most profit able, whether the farming program is balanced or not, and whether the general cultural practices are satisfactory, Greene continued. Records kept in one year also aid in planning the farming pro gram for the next year. They al so provide a helpful means for de termining whether the program is working out as planned, or wheth er changes should be made to bring the program back into line. A glance at the records can al so show whether certain farm en terprises are costing more than they are worth. Records are a source of informa tion in making credit statements that are valuable in the event it is necessary to secure a loan, or in taking out insurance policies. Early in January is a good time to start keeping records for the year, Greene added. Record books and assistance in keeping them may be obtained from county agents ov er the State. Shows How Farm Program Helps In Conserving Soil (Editor’s note: This is the sixth in a series of articles in which two farmers discuses the agricultural aorjselrvation program.) John Brown: “There are several ways in which the program will help you take better care of your land.” Bill Smith: “I’m glad of that” Brown: “First, they offer you payments for carrying out soil building practices. That will help you do things you felt you just couldn’t afford to do before.” Smith: “I ain’t had any money for nothing ... for years I know how it is.” drown: “And as I said before, the program helps to stabilize prices at a fair level. That helps in several ways. “When prices go too high, we are tempted to plant all the cash crops i-- - V ... . we can so we will make money while the makin’ is good. But this type of overcropping soon wears out the soil. “And when we plant every avail able acre to cash crops, we are likely to produce too much. Then we have overproduction and prices fall again. Many growers are forced to lose their farms.” Smith: “I came near losing mine several times. It’s tough, ain’t it?” Brown: “And when prices are real low, we feel that we’ve got to plant cash crops on every possible acre in order to eke out a living. This, too, means overproduction and wearing out the land, unless dßb Announcing a New Management And Location MAYFLOWER Beauty Shoppe The Mayflower Beauty Shoppe is now located in its new quarters upstairs over Faucette’s 5 and 10 cent store, just one door north of the old stand. The new Mayflower is owned and will be operated by Mrs. Jack Rhodes, assisted by expert and experienced operators. Mrs. Jake Church, of the North Wilkeshoro Mayflower Beauty Shoppe, will be here for the opening days, which will be Thursday, Friday and Saturday. Our shop is well equipped with most all new equipment and we are pre pared to give the best service obtainable. During the opening week we will give reduced prices as follows: Opening Week Specials Shampoo and Finger Waves 35c $2.00 Permanent $3.00 Permanent Wave $1.50 $4.00 Permanent Wave $2.00 SIO.OO Permanent Wave 1 $5.00 These prices are for the opening week only. Don’t miss them. Yea are cordially invited to pay us a visit. I.• ■ • Mayflower Beauty Shoppe West Jeffeson, N. C. | ... • • 1 • I' ' * , something is done about it. “But when prices are kept al* a fair level, we find it is easier to limit our acreage of cash crops. This leaves more land for soil building crops. And when we are making a decent living, we can af ford to do things that will conserve the land for the future.” 9c SALE America’s Greatest Sale of Its Kind 5-inch Bowls, 2 for g c Large Turkish Towels 9 C 250 Sheet Facial Tissues 9c Gray Enameled Ware __r 9 C each Felt Base Rugs g c 4 Spool Thread 9 C 20-oz. Pitcher 9c 24 Clgthes Pins ____9<*- 4 Fountain Pens 9c Aluminum Ware 9c Shop now! Buy Items you need at Savings you’ll find only during the great event. Richardson’s 5,10 & SI.OO Store THURSDAY JANUARY 13, 1938 | BRIEF FARM ITEMS Roger Pollock, of Trenton Route 1, Jones county, produced 115.3 bu shels of com on a measured acre of land last season to win the coun ty 4-H com club championship. His labor income from the com amounted to $122.86. » ’ Craven farmers are using the new meat curing service of the Fe derated Exchange abattoir at New Bern to good effect with over 40,- 000 pounds of meat now in cure. T. B. Slade, of Martin county, has ordered 1,000 black cedar trees for setting on his farm and W. Ro bert Everett has ordered I,oob black locust trees for the same purpose. N A number of small commercial orchards are being started in Blad en county this winter. Yields of 1,000 to 2,000 pounds of Burley tobacco have been reported by Yancey county growers this season. W. O. Briggs of Jacks Creek sold 1168 pounds of good to bacco produced on seven-tenths of one acre for the sum of $292. Austrian winter peas planted by W. W. Fielder, of Richmond coun ty, in October are now over four inches tall and up to a perfect stand, he says. Eleven pigs fed by J. K. Gray, Jr., 4-H club member of Greene county, paid him a net profit of $73.28 or $1.57 a bushel for 94.5 bushels of corn fed to the pigs. I Bladen cotton growers report in creased yields amounting to an av erage of about one-half bale of lint cotton per acre as a result of treat ing the planting seed last spring.
The Skyland Post (West Jefferson, N.C.)
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Jan. 13, 1938, edition 1
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