North Carolina Newspapers

    PAGE SIX
THE FRANKLIN PRESS and THE HIGHLANDS MACON IAN
THURSDAY, SEPT. 27, MM
Roosevelt Expected To Make
Statement Soon on Policies
(Special to The PrM-Maconian) I Learn From Experience
WASHINGTON, Sept. 26. Look! It must be set down as a fact
for some sort of a statement shortly 1 that the Administration as a whole
from President Roosevelt designed learns from experience. Mr. Roose-
to reassure business and industry
that the profit system is not going
velt has been the first to admit that
some of his experiments haven't
to be abolished and that there is I worked out, just as he was frank
nothing to worry about. Those in
close touch with the President and
his intimate advisers say that he
intends to make some such utter
ance shortly. This, coming on the
enough to announce at their in
ception that they were purely ex
periments. So there is ground for
the belief that the re-organization
of the NRA and the easing up of
heels of reassuring statements by i its more onerous burdens upon in
Cabinet members and others, will'dustry, which has been discussed
be intended to offset the rising freely for some time, will actually
tide of dissatisfaction with the
methods of the Recovery program.
How far, any statements from any
source can go in that direction re
mains to be seen. There is a
strong belief here, shared by many
of the more conservative members
of the Administration, that Wash
ington does not yet realize how
deep and widespread the demand
really is for radical changes in the
program.
Leaving political and partisan an
gles out of consideration, for
most of the serious criticism is not
partisan in its origin but comes
from source all over the country
which are uffering economic dis
tress because of what they believe
are impractical theories, there is
little or no personal criticism of the
President. On the contrary a hope
amounting almost to belief is that
when he fully understands the sit
uation he will use his powerful
leadership to set matters right.
Industry and Agriculture
There was nothing political in the
secret meeting at Hot Springs, Va.,
of 150 of the nation's foremost in
dustrialists a week or so ago at
which the whole New Deal was
discussed and a constructive pro
gram of amendment to the present
set-up was agreed upon. How
much influence that may have no
body, of course, can predict. But
with business in general getting no
better, and with prices rising and
wages being forced up while prof
its disappear and reserves are van
ishing, it is not at all surprising
that many of the big industrialists
take an extremely gloomy view of
the situation.
Reports of disaffection among the
farmers in many regions over the
AAA program are coming into
Washington in increasing volume.
There is probably more concern in
high Administration quarters over
that than over the plaints of the
industialists. The fact that Under
secreary Tugwell has gcrre to Eu
rope on an "inspection trip" of two
months or more is taken in in
formed circles here to signify that
he is on his way out, and that his
theories will no longer control the
AAA.
take place.
It will take time to unscramble
the eggs, but this Administration is
nothing ff not optimisic, and busi
ness men in touch with matters
here are becoming more hopeful
that free competition, which has al
ways been regarded as the "life of
trade," will come back, although on,
perhaps, a higher ethical scale. Al
so, with reservations permitting
"cartels" or similar combinations
in industries in which competition
is not based upon variations in the
product.
Needed Banking Reforms
One great reform which seems
to be on the way will involve fun
damental changes in the banking
system as a whole. It is no new
discovery that the banking system
in the United States is the worst
in the world; economists and bank
ers having been saying that for
forty years.
The recent conference of Govern
ment financial departments and
bank examiners has resulted in
placing the principal responsibility
for bank examinations with the
Federal Deposit Insurance Corpora
tion, and instructions to examiners
not to order loans thrown out
where the interest has been prompt
ly paid, even though there has
been no reduction of the principal.
This and other changes are expect
ed to improve the bank credit situa
tion, though probably not as much
as the Government desires.
A tightening of Federal control
over all bank credits seems inevit
able, and plans which are shaping
for a central bank of issue to
supplant the Federal Reserve and
exercise many of the functions of
the RFC and the Comptroller of
the Currency may provide the
means for backing up the "man
aged currency" program of the Ad
ministration.
The Labor Situation
Look for much more serious and
impartial consideration of the La
bor situation this Fall and Winter
It is too soon to predict what the
attitude of the next Congress will be
on this or any other question, but
in the Administration the feeling
is growing that the free hand
granted to organized labor has not
proved entirely a success. Much
study is being given to the way in
which England and Australia have
handled the labor question, which
has been a matter of Government
concern in those countries for many
years.
The principle of making labor or
ganizations as responsible as em
ploying corporations, by requiring
them to incorporate and so become
subject to the same sort of Govern
mental regulation as industry is un
der, is being given a good deal of
attention. There seems to be a
strong probability, in any event,
that Federal laws defining "justifi
able" and "unjustifiable" strikes,
the right of picketing, prohibition
of intimidation and punishment for
lawlessness will at least be pro
posed. ,
Cattle Sale
AT FRANKLIN
Wednesday, October 3
ALL CLASSES OF CATTLE TO BE SOLD
Bring Early Wednesday Morning to Yards at
Railway to be Weighed, as Sale Will
Start Promptly at 11 O'clock
Buyers from Many Sections To Be
Here To Buy Cattle, Sheep
and Hogs
Sale Conducted on Same Plan as the Ones at
Asheville and Clyde
For Additional Information See
Bob Davis, Bob Patton, or
the County Agent
Cartoogechaye
The farmers in this section are
getting over their fall work.
Mr. and Mrs. Bill Gunn and lit
tle daughter, Tomesy Lou, from
Georgia, were in this community
visiting relatives last week.
Mrs. Tom Southard and grand
daughter, of this section, were visit
ing Mr. and Mrs. J. C. Sanders,
of North Skeenah, Sunday.
Mrs. Keener, of Atlanta. Ga.. was
visiting her daughter, Miss Maude
Keener, who is teaching in the
Allison-Watts school, last week-end.
Frank Southard and Richard Led
ford made a business trip to Mur
phy Friday.
Miss Virginia Roane, of Rainbow
Springs, was visiting relatives last
week-end.
Lester Southard, of Franklin, was
in this section on business Mon
day. Mr. Crapp, from Georgia, was
in this community Monday.
Corvin Nichols, from Hiawassee,
Ga., was visiting relatives in this
section last week-end.
Crawford Reunion
To Be Held September 30
The annual reunion of the Craw
ford family will be held at Rainbow
Springs on Sunday, September 30,
according to an announcement by
Gilmer L. Crawford of Franklin.
Memorial services will be held
at the reunion for all members of
the family who have died in the
past few years. The principal
speakers will be Col. Thomas H.
Crawford, of Blue Ridge, Ga., and
George T. Love, of Morganton, Ga.
T ! ..
in announcing pians tor tne re
union Mr. Crawford urged that all
members of the family and connec
tions be present, pointing out that
since the completioni of surfacing
on highway No. 28, the site for the
annual family meeting is easily
accessible.
Well's Grove
Louise Culver left last Wednes
day for Sarasota, Fla., to spend
the winter with her uncle and aunt,
Mr. and Mrs. Bob Carrauthers.
Oberia and Edna Snyder, of Cor
nelia, Ga., spent the week-end at
Franklin.
Mrs. Elizabeth Holt, who has
been spending some time in High
lands with her sister, Mrs. Edwards,
returned home Saturday.
Mrs. Addie Phillips has gone to
Brevard to visit her son, Tom Phil
lips. Mae Jennings was in Franklin
Wednesday shopping.
Clara Elliott is visiting her broth
er, Fred Elliott, for a few days.
Harry and Bill Cunningham, Hel
en and Mildred Daves, and Janie
Donaldson went to the Indian Fair
last Thursday.
Allie Ray, the daughter of Rufe
Ray, is very sick at her home near
Franklin.
Norman Y. Chambliss, of Rocky
Mount, is getting his ducks in a
row for a week's entertainment of
North Carolinians at the State Fair.
As secretary of the fair last year
Mr. Chambliss made it show a
profit and eliminated many objec
tionable features of former expo
sitions. . i
NOTICE
TOWN TAXES
The 1934 Town Taxes are now due. By
paying before October 1st you will get a dis
count of TWO per cent: before November 1st
ONE per cent: before January 1st V2 of One
per cent. Taxes must be paid. Pay now and
save money.
TOWN OF FRANKLIN
Geo. Dean, Clerk
WOULD YOUR TIRES
STOP
YOU IN TIME?
GOODYEAR
ALL-WEATHER
43 Longer Non
Skid Mileage . . .
No Extra Cost.
DOUBLY
GUARANTEED
1. Against road
hazards.
2. Against defects for
life.
smsss
Skidding cause of 5 times more
accidents than blowouts becomes
more dangerous as winter approaches
For quickest stops buy "G-3" Good
yearsproved safest by 8,400 tests
When you must suddenly jam on your
brakes, averting an accident often is a
matter of inches. Well, stop tests on
slippery pavement show: on smooth
tires you slide 77 farther, on other
new tires you slide 14 to 19
farther than on new "G-3" Good
year All -Weathers. That's the
Goodyear Margin of Safety a
big reason why more people
buy Goodyears than any
other tire. Since it costs you
nothing extra, why not
have this margin of
safety on your car too?
wn
GOODYEAR
SPEEDWAY
Built with Super
twist Cord. A life
time guaranteed
Goodyear full over
size with Center
Traction for quick
stops and tough
thick tread for long
mileage. Value you
get because Good
year Dealers sell the
most tires by
millions!
We Carry a Wide Range
of Sizes in Stock
NOWI THE NEW
TYPE "H"
GOODYEAR
ALL-WEATHER
TRUCK BALLOON
Designed for fast over-the-highway
service on tracks and
trailers. Now you can expect
sensational results. Phone for
salesman.
Prices subject to change without notice. State Sales Tax, if any, additional.
LOG CABIN MOTOR CO.
Shell Galosine
PHONE 114 J
Reliable Repairs
FRANKLIN, N. C.
Try
Super - Shell
GASOLINE
It Is
Super -Charged
at
No Extra
Cost
    

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