PACV SIX
CONGRESS IN
TAXDPMMA
Must Find New Sources of
Revenue or Reduce
Expenses
(Special to The Presi-Maconian)
WASHJX(71'OX, May 13.-\Vhat-
ever final form tlie new tax biil
this year’s €*ci)cnditures, although
much of that money \WU not be
])ai(l out until the next fiscal year,
which begins July 1. Nevertheless,
he made it very clear that the
'I'reasury is deeper in the red than
ever before and that som^jthing has
to be done about it.
Whether the plan which the
President proposed and which has
been shaped into a revenue bill will
produce the necessary additional in
come is one of those debatable
questions to which nobody can gi\e
a positive answer until after a year
nr two of experience. Probably
THE FRANKLIN PRESS AND THE
lated t5 touch the pocketbook of
the Bill Again ^
j„ the hght of Gov-
statement it is clear inrreas-
ernmenfs income must be mcreas
by at least one-third, or that
mu., be reduced m
the same proportion.
may take, the nece.'^sity for raising ; rnore serious attention would have
additional revenues was emphasized been given to such proposals as
by Secretary Morgenthau, when he that of Sen. La I'ollette, for
informed the Senate Finance Com- broadening the income tax to m-
niittee that the l''ederal Govern- ' elude small incomes and increase
ment deficit for tliis fiscal year , the levies on large incomes, if this
will run to $5,9f/;,0()0,(XX). Mr. Mor- ; were not an election year.
^'cnthau arrived at tViat figure by ; In an election year it is regarded
including the entire .bonus pay-| as bad politics for the party m
ments, of some $2,0(X),(XX),(K)0, in ' power to impose new taxes calcu-
«tfiHLANDS MAC0N1AN_
More Profit in Woodlapd
If Only Big Trees Are Cut
_... And m an
election year it is just as hard for
SPECIALS
At M. BlumenthaVs
Men’s Pants at 98c, $1.35, $1.98, $2.48 and $2.75
Men’s Shirts at 50c, 69c, 98c and $1.48
Men’s Hats at 39c, 98c, $1.35 and $1.98
Men’s Oxfords $1.75, $1.98, $2.48 and $2.98
Ladies’ Dresses at 69c, 98c, $1.98 and $2.98
Ladies’ Oxfords $1.35, $1.69, $1.98, $2.48, $2.98
Ladies’ Hats at 39c, 65c and 98c
Ladies Hose 10c, 15c, 25c, 50c, and 59c
Ladies’ Sweaters 50c, 75c, 98c, $1.48 and $1.98
Children’s Shoes 50c, 89c, 98c, $1.25, $1.45, $1.98
Children’s Dresses 50c, 65c, and 98c
Children’s Overalls 50c, &9c, and 75c
40-In. Sheeting, 15c grade at 10c
Specials in Dress Goods
36-In good Sheeting at 7c and 5c
Prints at 17V2» «ind 10c
Play Cloth at 7V2C
Our Prices Are Right
MOSES BLUMENTHAL
FRANKLIN, N. C.
politicians to bring .themselve to
‘curtail the distribution of pubUc
money as it is to widen the a
range Their inclination, on tne
contrary, is all the other way.
This inclination to spen , ■
Bi.K, T„,.
would provide for the printing
$3,(XX),0(X),090
loans on
per cent.
There is a great deal more prof t
■ lumber from farm woodlands
in lumber
e Si trees let. to
;™t.to u»«.l.=r crop. The Unitee
States Forest Service has found
fhat maple trees less than 12 to 14
Se, in diameter actually do not
pay their way through a band saw-
" There is about .19 times as much
lumber in a tree 26 inches in di
ameter as in a 9-mch tree, tsut
since the lumber in the larger tree
worth about twice as much per
the total value is 36 times
IS
foot,
THURSDiy,
as great.
Selective cutting >
greatest value fi
ume It leaves
windbreak and;'
faster because they.^
to compete with
turc, sunlight, and ,!
their crowns. A
as to how to cut -
lumber is advised t, a
with a State foreste-,
lege of agricuhutf' a
agricultural agent
The Speaiy;']
Swifts are said to■>
bird fliers, and tke ]
swift is the swiftest,.,.
REMODEL - REPAIR
iiat,ional signs point to the biggest building, remodeling
and home modernizing y«ar that this country has ever
seen. VVe suggest an early start for all thos« planning constnic-
tion of a.ny kind. Let ms assist yon with your building or re
modeling plans.
Materials of all kinds!
JF IT is lumber we have it . .
sash, doors, millvvork, moulding.
. in plywood, veneer, panels,,
lath, framing and finish. If
It is com))osition materials, wall iboard, asphalt shingles, tile,
sand, lime or cement, here you will find them. Use our plan books.
. . . No cost to you. . . . Let us make estimate on materials and
labor . . . you are under no obligation. Call or phone 117.
Franklin Hardware Co.
FRANKLIN, N. C.
of curreney,
rac^rby anything but the Govern
ment’s credit, to .be used in making
farm mortgages at ^/2
Though the House is
friendly to this plan, there seems
to be little likelihood that the be -
ate will stand for it. It gives a lot
of the boys on Capitol Hill, how
ever, a chance to put themselves on
record as being friends ot the
faj-mer. , r- *
The passage by the Senate o
the so-called Price Discnminatio*
IJill otherwise popularly known as
the Anti-Chain Store Bill, does not
mean necessarily that this will be
come a law. It would put control
of a great deal of the distribution
of food 'stuffs and other commodi
ties in the hands of the Federal
Trade Commission, with arbitrary
powers to fix,the discounts which
wholesalers might grant in consid
eration of large purchases. Back
of this bill a powerful lobby, organ
ized by wholesale grocery interests,
has bee-n at work for some time.
The wholesalers have been ^ con
cerned over the loss of business,
due to chain stores, mail-order
houses and other large distributing
organizations who can buy direct
from manufacturers and producers
as cheaply as the wholesalers can,
and often even at lower prices. In
th'O belief that chain stores and
mail-order houses are unpopular
with the voters, the Senate put in
any kind of a prohibition that any
body asked for that might affect
those institutions.
There seems to be a better pros
pect novf for the enactment of the
Copeland Foocl and Drug bill than
at any time since this session be
gan. Administration influence is
said to have been put behind the
measure, and if Congress can get
around to it .before adjournment,
it may go through.
Convention Surmises
Talk now k of adjournment dur
ing the week of June 13, when the
Republican National Convention
will have finished its labors, in all
probability. The belief that Gov
ernor Landon’s lead for the Repub
lican Presidential nonuHation is too
strong to be overcome, has taken
pretty firm root among political
observers and commeHtators. Talk
is now turning toward the choice
of the Republican Vice-Presidential
candidate.
Prominently mentioned as good
vote-getting timber are Senators
Steiwer, of Oregon, who will be
the Conventio,n’s temporary chair
man, and Vandenberg, of Michi
gan, who is still regarded as in
the running as a possible head of
the ticket.
Geographically, Senator Steiwer
is »niii^ered more available. The
Pacific Coast is regarded as more
debatable ground than is the State
of Michigan. Geographical and
other considerations, however, may
dictate the choicc of a Vice-Presi-
['^^"'I'date from the East.
Ihe difficulty is to find an accept
able man who is not too closely
tied in with the Rep,ublican Old
Guard.
Lindy and Young G. O. P
Sorne attention, more or less ^ri-
ous, has been given lately to the
suggest.on that young voters would
be atttrac ed to the Republican
pCke.t by the nomination for Vice-
Pre,sKle,nt of Col. Charles A. Lind
bergh That seems quite unlikely
i„
The Young Republican organiza-
lon of the Pacific Coast ^ not
happy over the present situation
and is especially not friendly to
Gov, Landon. How far tlipw
sent the younger element gene?aUv
however, somewhat doubtful.
The Jury Panel
in": '?
ftmeJ’rt “ «""
turned the names of the
summoned upon a
Can You Afford
To Be Without It?
0
:1
/
i!
c
FUNERAL BENEFIT INSURANCE’
so little that no one should do without;'^
:ially those who are dependent on modei
comes. -
THE RATES ARE FAR LOWER tl|
might expect. These rates are based i
death rate within our own organizatioi,*'
tual body governed by the -law^s of Norf
olina. In this association, which we
as low a death rate as any like as9odatii|
where, the following assessments arej
effect: ■
Ages 1 to 9 years Quat
Ages 9 to 29 years 10^ Quar;
Ages 30 to 49 years 20^ Quas
Ages 50 to 65 years ; 38^ Quarj
BENEFITS ARE PROVIDED in the!
of $100 for persons over 10 years of age
the amount of $50 for persons under It
of age.
BEAR IN MIND that this is a local ot
tion, which is in better position to sei
people of Macon County than some-buria
with headquarters in another county.
Bryant Burial Associa
FRANKLIN, N. C.
SAFETY of our Deposits is IN!
by the Federal Deposit Insurance Corp
up to $5,000 for Each Depositor.
duty.
venire for
re-
jurors
jury
rsANi^ On To It
W to SAFE in our Bank, am
it is ^ 5°°*^ business oppoH
Strilcp f ^ HOME.
for your debts. Buy only what yc
• • • when a debt is MADE it must be PM
We SAVING REGULARLY NC
Welcome Your Banking B
The Jackson County Ba
thinki
m
Have monbyi
SYLVA & HIGHLANDS, N. C.
Make OUR Bank YOUR Bank
Member Federal Deposit Insurance
Corporation