News And Views
(Continued From Page 1) '
derstand why taxes sire what they
an, and why it can look forward
to still more of the same costly
medicine in the years ahead.
• • •
Although Russian industrial
production has made substantial
strides in 1951. its rat* of growth
has been considerably slower than
that of 1950, an analysis of eoii
fidential Soviet economic data
reveals.
The Soviet Union’s total indus
trial output this year, it is esti
mated by these sources, will be
•bout twice that of 1640. While
no over-all production figures in
terms of tons, .kilowatt hours and
other commodity measurements
•re available, the following com
parison, in percentages, affords •
due to the progress of the Rus
sian economy.
Commodity 1940 1950 1951
Steel . 18.3 27.3 81.3
Cement .... 6.8 10.4 12.4
Pig Iron 15.0 19.3 22.0
Petroleum 31.0 37.5 41.0
Electric |
Power. 48.3 90.3 107.0
Coal . .1090 364.0 285.0
• • •
Even so it is well to bear in
mind that the Soviet industrial
production suggested by these
figures is well below half that of
the United States. American
production of steel this year wll
be roughly 3 times the Soviet ]
total, of petroleum more than 5 (
times, and of electric power al- |
most 4 times as much. ,
Consumer goods production has j i
also risen substantially, but not ■«
near enough to satisfy the essen- <
tial requirements of the Russian
people. Durable roods such as
refrigerators, washinr machines
and television sets, are only now
beginning to enter the mass pro
duction stage. Tractor produc
tion this year is expected to
amount to about 137,000 (in
terms of 15-horsepower units),
equivalent to approximately 70,
000 actual machines. This is one
fourth below the Russian official
figure last year,
• • •
Now that General Juan Peron
is back in the Casa Roeada, Ar
gentina's counterpart of the
White House, it is appropriate to
nail a post-election statement of
his before a group of visiting
La tin-American labor leaders.
Argentina, be said, was stead
ily moving toward a syndicalist
labor union state: "I am still
maintaining th.e political forms,
because we are in the course of
evolution. But the day will come
when everything is done through
syndicates. Then the politicians
State Capital Life
Insurance Co.
Home Office
2620 Hillsboro Street
RALEIGH, NORTH CAROLINA
Occidental Lite
Insurance Company
HOME OFFICE:
RALEIGH. NORTH CAROLINA
^JD_I_
Mfl/Wff
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MujIcU
JLad.
Ckvok
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Jhjktin^J
DURE POWER COMPANY
^LCinfTa, -tit /leJmontj (xLw&tuu.
rill disappear from the Argen
ine scehe.”
What 8r. Peron has in mind
a of coarse not a state of, by
ind far the labor unions A* 80
nany tyrants an^ would-be dic
ators before him, he seeks to
tuild a cleverly camouflaged, pop
ilar system which will enable the
government to run the show and
>rder the people—business, work
ers, farmers, professionals —
iround It is this trend toward
itatism, syndicalism, collectivism
>r whatever it may be called,
which the free working people in
kmeria must fight relentlessly be
fore it engulfs them, too.
PRUDENTIAL AGENTS
IDLE IN 35 STATES
(Continued From Page 1)
that "we have been attempting
since October t to negotiate a
realistic contract embodying a
substantial and longneeded wage
increase, but the company has re
fused to negotiate in good faith.”
He charged Prudential with offer
ing a pitiful f3.ll per week in
crease, which is only 2 per cent,
whereas the Wage Stabilisation
Board would approve up to 12 1-2
per cent increase.
WORKERS SCHOOL EXPANDS
Madison, Wis. (ILN8). — The
School for Workers at the Uni
versity of Wisconsin is beginning
an expanded program of classes
in various cities. A grant from
the Ford Foundation is expected
to enable the school to expand
its services considerably.
The Government hast called on
farmers to push production next
year at least four per cent above
this year’s near-record yields to'
meet “the greatest- needs we have
ever faced." Special efforts were
urged to boost production of live
stock fed grains so as to main
tain a high level output of meat,
milk and eggs.
A new type of cotton-sateen
cloth is gradually replacing her
ringbone twill as the material for
army fatigue clothing. While it
sounds a little on the fancy side.
Army Quartermaster said the new
fabric proved to have better
wearing qualities and greater
abrasion resistance than the twill
during extensive tests.
TRUSTEE'S SALE OF '■REAL
ESTATE
Under and by virtue of the
power and authority contained in
that certain deed of trust execut
ed and delivered by William C.
Winchester and wife, Helen Win
cnesier, aaiea September 1, 1948.
and recorded in the office of
the Register of Deeds for Meck
lenburg county, North Carolina,
in Book 1407, at Page 290, and
because of default of payment of
the indebtedness thereby secured
and failure to carry out and per
form the stipulations and agree
ments therein contained and pur
suant to the demand of the own
er and holder of the indebtedness
secured by the said deed of trust
the undersigned trustee will ex
pose for sale at public auction to
the highest bidder for cash at the
County Court House of Mecklen
burg County, in the City of Char
lotte, ' North , Carolina, at 12
o’clock noon on Monday, the 17th
day of December, 1951, all that
certain lot or parcel of land, sit
uated, lying and being in Char
lotte Township, Mecklenburg
County, State of North Carolina,
and more particularly described
as follows:
Being the same lot of land con
veyed to William C. Winchester
and wife, Helen Winchester, by
B. J. Sanders, deed of which was
recorded same date as deed of
trust.
Being located at No. 149-151
Bruns avenue, Charlotte, N. C-,
and being lot No. 2 as shown on
Map Book 4. Page 203 of the
Registry of Mecklenburg County,
North Carolina, said lot has a
frontage of 40 feet on Bruns av
enue and extends back 212 feet on
the most easterly side and 235.7
on most westerly side and is 42.3
feet from one rear corner to other
rear corner.
A cash deposit of 10 per cent
of bid will be required. The bid
will be rejected if the deposit is
not immediately made, said de
posit shall be refunded in case a
resale is ordered on account of in
creased bid. Otherwise shall he
applied on purchase price.
Subject to unpaid taxes and
street assessments, if any, for
paving.
This sale will be held open ten
days for upset bid as by law re
quired.
This 16th day of November,
1951.
J. C. SEDBERRY,
Substitute Trustee.
(ll-22.29;12-6,lS-c)
i
THE COMMERCIAL
NATIONAL BANK
Charlotte, N. C.
L ^
UNION
mil IAIEIS
SUP CUISI
mu iimis
mm
NA-CO TABLETS
MONKT BACK GUJUUMTU "'te
SELWYN CUT RATE DRUG STORE
ran to roar oitoc
Some of The Things We
Lend Money on
Oiam oda
WatcL^a
Jewelry
MerW Clotfciag
Toola
Silverware
Shot Gobi
Rifles
Pistols
Tranks
Addins Machines
Ban
Salt Cases
Musical InstrmenU
Kodaks
Typewriters
AO BosincM Strictly Confidential. When in Need
of Money We Never Fail Yon.
BM'ti fee bargaia ia diamonda, watches, jewelry, clothing, etc.
RELIABLE LOAN CO.
Ml EAST TRADE STREET
Never underestimate the
basing power of a woman,
ter to patronise only firms
1 is play the Union Label, Shop
'ard, and Union Button.
i l i
buying Independence Bonds.
IT PAYS TO TRADE
With
DOMETT UMBER GO.
*11 R. Perk Are. Phone 8179
There is Nothing Finer
m m
man to Live in
6 North Carolina
Wright Brothers aid*
years ago east month,
December 17th, the
their Hist Bight at Kill
Devil Hill. There will be e celebration of
national recognition held oa the anniversary
of that day. Another North Carolina first ia
December is Wilmington's “world's largest
living Christmas tree," with the annual cele
bration held ia Hilton Park of that city.
Everywhere in North Carolina there will be
many who also remember December 7 ten
years ago. Pearl Harbor Day.
Official winter begins December 22. Also,
this is the month to prune trees and plants—
and, remember too, after work or play, most
of us can enjoy a glass of beer—sold under
our State ABC system of legal control that
is working bo well.
North Carolina Division
UNITED STATES BREWERS FOUNDATION, INC.
armistice DAY, 1 yjl, let us resolve that every
nL W <by uill lx a fay of remembering the mew uho
‘ dud for us in Korea And the lessen they gave
their Iiits to teach us: peace is for the strong.
We must moke it clear to all men of all rum>ns
that no passible gain tan come from aggressive actwn.
That we have built and are maintaining a superior
strength. Ami that we stand ready to use that strength
whenever our rights or freedom are imperiled.
We must build for our war dead a monument of
strength which shall be, in turn, a monument of ftaea
for our generation and those to coma.
it it it
There is • job fee peace that you can do. It a thu Back up can
defease forces, and help keep America economically strong, by buy
ing United States Defense Bonds. Buy them regularly—through dm
Payroll Savings Plan where yon work or the BoodAMocth Plan
where you hank. Start todayl
9
Dace i$jor tbe stiww...
bmf U.S. Defense DonJs tvjularlu!