Newspapers / The Charlotte Labor Journal … / Oct. 12, 1939, edition 1 / Page 4
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I QUESTION BY WM. S. GREENE WWWMMW DESERVED? Liberty mac, thej week of October 14th, prints an article called ‘Terror’s Trail, all about the South’s bad men, Payne and Turner. In this article the following informa tion is taken verbatim: “Tue compe tence of local law-enforcement organi zations throughout both North and South Carolina was, in fact, one of the outstanding features of the case, and one that reflects the greatest chedit on the governments and citi zens of those states. This is the time we did not have a Police Com missioner. The statement is supposed to be direct from the G men’s Wash ington files. ADDITIONAL? Three more deli gates were added to those already in attendance from the swelling Team sters and Chauffeurs local, and three delegates were sworn in from the new Bakery and Confectionery work ers local, at the meeting of the CCLU held October 4th. If the Central Body ha sa few reserves, it is entitled to same, as certainly it has been go ing forward rapidly, for some two or more years. When you read this, the Charlotte Central Labor Union will be meeting at the K of P. Hall, third floor, Piedmont Insurance Building, right across the street from my office at 229 S. Tryon St. EQUAL? The Supreme Court of the U. S. is going to review the de cision that the Goodyear Tire and Rubber Co. and its Sales Agreement with Sears Roebuck and Co. which discriminated against independent tire dealers on price, is against the law. The Independent tire dealer* is' gone, as far as Goodyear is concerned.' That company sold them out, when they sold tires to a mail order com pany with many retail stores at about a 33 1-3% cheaper price. There should be some kind of legislation, not being a lawyer I don’t know what form it should *ake, which would declare whether a law was constitutional or not, before it became a law, and put ting the burden of breaking the law on whatever does it, restraining a big company from eating up a small one, before the law can be declared Constitutional. At present, the larg est have the jump on the small ones. CORRECT? People who believe in true advancement of the Human Race should be interested in the following statement by Robert Hutchins, Presi dent of the University of Chicago. “It may turn out that Hitler and Mussolini will be the great builders of the American Universities. At the University bf Chicago hardly a de partment from Art. to Zoology (A to Z) has failed to benefit from the determined ignorance of the totali tarian regimes.” Mr. Hutchins re fers of course to men like Einstein, and all the teachers who refused to change their accepted views that in dividuals must become robots for Dic tators, in European Universities, and had to move or have their heads chopped off. INTEREST? If interest charges are low on a fixed sum, then building becomes popular, because it is cheap er to build than rent. I have always, therefore, been a contender for as low interest rates as can be. With all the good that low interest accom plishes, there are of course bad points, and we should know those also. En dowed Universities depend on Inter est on their investments to pay sal aries to Professors and Janiors, Elec tricians, Cooks and Scientists. If their income is reduced by the lowering of the Universities income from Inter est, then they either must pay lower salaries, cut employment, or harm teaching in one way or another. The other way out is to increase their en dowment which in these days and times is more of a job than ever be fore, or increase the fees, which auto matically would mean reduction in the chances for this educational op portunity offered to the student of limited means. It is always best to know as much about both sides of a question, as is possible. DEMOCRACY? Stalin wades into Eastern Poland without benefit of his blessing from the Russian Congress. Hitler tells the German Congress that Poland attacked the German Reich, and not a soul offers to contest that statement. Chamberlain makes a re port to the British House of Com mons an dis differed with all along the line by the members. Every Sena tor in our own Congress is going to make a speech about Neutrality, on one side, the other, or on the fence, it seems. Which way is calculated to he the most correct? That which has one mind, or that which has the bene fit of many brilliant (?) minds. iphHIn CmhIw Of—<i PARKER GARDNER COMPANY Si»M IMS For Constipation Vigor and Pap! CHEW PEP-O-LAX When Buying Aspirin Duuai C. b. ASPIRIN rres. Green bays No Change In Central dyAsToLT.U.Yet The relationship of local union* of the International Typographical union with Central Labor bodies has not yet been changed by action last week of the American Federation of Labor in barring from its annual convention, according to a telegram received yes terday by H. A. Stalls from William Green, president of the A. F. of L. The I. T. U. was automatically sus pended by the action of the A. F. of L The action was taken when the I. T. U. declined to have its members pay a special assessment to the A. F. of L., on the grounds that it is an autonomous body and entered the A. F. of L. on that basis. Mr. Stalls is president both of the I. T. U. local and of the Charlotte Central Labor union. After the ac tion of the convention he wired Mr. Green to find if he should withdraw as president of the Central Laboi union. Mr. Green wired that the A. F. of L. does not provide for any immedi ate change “in your relationship to the Central Labor union." Mr. Stalls was advised to continue to serve in his capacity of president of the Central Labor union until fur ther action is taken and Central Laboi bodies are officially notified. Mr. Stalls said that in his opinion all I. T. U. locals eould be guided by the telegram and retain their present status until further notification is received from Mr, Green.—Observer, Tuesday. | ROSELAND FLORAL CO. PBONM8 UN AND 111! 100 N. Tryoo—Corner Tryon and Sixth Street* • i Patronize Journal Advertisers Ernest Morgan Is Made Chairman Of Rep. Ex-Soldier Bu. im —— ■»■ Ernest M. Morgan, World War vet eran and long active in Mecklenburg county and state veteran organisa tion affairs, has been named by Re Sublican State Chairman Jake F. rewell, chairman of the Ex-Soldiers bureau of the North Carolina state ex ecutive committee. In' his letetr informing Mr. Mor gan of his selection, Chairman Newell wrote that the state headquarters in the Selwyn hotel will be available to him and that he is empowered to em ploy such aid as he may need. Mr. Morgan is Mecklenburg county Republican chairman, and he has been one of the most active workers the party has had in this section of the county.—Observer, Sunday. Eyas Examined Glasses VMM F. C. ROBERTS OPTOMETRIST I MV's 8. Tryea 8U, Phone Charlotte. N. C. 1-M14 SOME OF THE THINGS ! WE LEND MONET ON I .411 Business Strictly Confi dential. When in Need of Money We Never Fail You Reliable Loan Co. 121 E. TRADE ST. (Next to Belk's) *ee Us for Bargains in Diaaroais Wilrkn. Jen airy . Cktktai. ete S*4oy FOREMOST MILK jH'a. dtaalJthQuL FOREMOST DAIRIES, INC. Phones 7116—7117 pr , STATEMENT AMERICAN TRUST COMPANY , October 2. 1939 RESOURCES *** Cash in Vault, on Deposit in Federal Reserve Bank, and in Other Banks .. U. S. Government Obligations, Direct or Fully Guaranteed .. $15,012,282.58 (Average Maturity 2J,4 Years) Obligations of Other U. S. Government Agencies 831,491.85 (Average Maturity 2V2 Years) State of North Carolina and State of South Carolina Bonds . 3,765,001.47 (Average Maturity 3 Years) Municipal Bonds and Notes.. • 1,934,542.24 (Average Maturity 2*4 Years) Accrued Interest on Bonds. 110.259.94 Loans and Discounts .; v • Cash Surrender Value Life Insurance Policies Carried on the Officers of the Bank...... Stock Federal Reserve Bank. Richmond, Va., and Other Stocks and Bonds. Banking House, Fourth Street Property, and Furniture and Fixtures . 490,218.55 Reserve for Depreciation . 128,988.86 Income Earned to Be Collected. Prepaid Insurance, Taxes, Etc.. Other Real Estate (The Appraised Value of Which Is $195,746.50 and the Assessed Value of Which Is $147,110.00). LIABILITIES Capital Stock . Surplus ...5 1,800,000.00 Undivided Profits .. 600,741.75 Reserve—Unallotted .. • 500.000.00 $42,054,731.75 . 21,653.57* f ■■ 15,174 482.13 76.854.24 157,003.00 361,229.69 26.595.25 42,329.64 94.00 $79,546,897.78 $ 1,200,000.00 2,900,741.75 Accrued Interest, Expenses, and Income Col lected But Not Earned....... $ 95,777.67 Reserve for Taxes, and Contingencies.. .. 274,800.00 Reserve Sufficient to Retire Premium on All Bonds Owned, Reducing Them to Par ... 657,994.11 DEPOSITS 1,028,571.78 74,417,584.86 $79,646,897.78 AMERICAN TRUST COMPANY Largest Unit Bank in the Carolina* •v Member Federal DepoeU Ineurance CerporeHem s it requires the shearing ox an An* gora goat ten years to produce enough mohair to upholster the average five* passenger sedan. Pender Stores ECONOMY A.NP, QUALITY It Pays to Trade With Doggett Lumber Co. r Dewrrrs VALUES 32 Plymouth $95 jSl-Ua.- $195 ^P„„«u.h.$225 35 Terraplane $245 36 Ford fcOJE tudor .VO***} 36 Plymouth (OCC trg. sedan .vOOO 36 Olds “8” *AOn trg. sedan .. Also many late models to ■elect from 428 West Trade Ph. 5111 DeWitt Motor Co. LOANS To Be Repaid Weekly, Semi-Monthly or Monthly SAVINGS Xmas Clubs, Weekly Savings or Certificate of Deposit INDUSTRIAL LOAN & INVESTMENT BANK 124 S. Church St. THE, LABOR’S MAN’S BANK’’ Personal Loans Without Security or Indorsements CAROLINA FINANCE CO. Above The Western Union 201 Wilder Bldg. " F 237 So. Tryc Standard Pack *■ TOMATOES 4 ~ 25> Rajah Blended Syrupy 12ic NBU FLAUS URAUIUSKa PREMIUM vs 15c MELLO mSr 9« A&P BREAD Z2-15* OLEO 2“ 25c PEAS ' *= 2 — 29c NIBLETS a 2-25c 8 O’CLOCK 115c _ A&P FOOD STORES! ANDREWS MUSIC CO. -EVERYTHING MUSICAL" SSI N. Try* 8L NOTICE State of North Carolina. °“B? ,<»U»T Mrs. Lillie Norman, Plaintiff. J H Norman, Defendant. The above defendant will taka an action baa been commenced «ain,‘ by the above plaintiff for a divorce abeolote on the grounde of two rear mparmtlon The defendant will further take notice t^t he Is required to appear before the under ;___j 0f the above court and answer or*d«nur to the SLplalnt filjd in ..id mat ter within thirty day. from the tart i “.tsts •arsau? rt “» f/SSt wi Clerk of the Superior Court. Oct. 5. 1*. ». **• SOUTHERN r DAIRIES, Inc. 600 West Fifth Street CHARLOTTE, N. C. Telephone 3-1164 .- - -■ Patronize Journal Advertisers Victor Shaw Co. U. S. TIRES AND BATTERIES LET US RETREAD OR RECAPP TOUR OLD . TIRES. 6th A College Sts. Dial 7111 tbit Sign StkisBatt!* ZORIC Dry Cleaning DOMESTIC LAUNDRY Phone 5174
The Charlotte Labor Journal and Dixie Farm News (Charlotte, N.C.)
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Oct. 12, 1939, edition 1
4
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