PROGRESSIVE LIBERAL IJ^DEPEJVDEJfT , LI, NO. 40 FRANKLIN, N. C., THURSDAY, OCT. 1, 1938 $1.50 PER YEAR UN SWELLS OT^AMS ch Damage Reported Result of Unusual Rainfall e heaviest downpour of ram rienced in this section in re years sent Macon county ms on the rampage Tuesday washing out ,a number of 1 bridges, making many rural ; impassable and damaging , to a considera'ble extent, ter recording half an inch of all Tuesday morning the her station at Lake Emory by Luther Anderson register- 47 inches Tuesday night, mak- a total of 4.97 inches in less 24 hours. Two inches of this, as stated, fell between 9:30 and 3 o’clock Tuesday night. It was to be tSie 'heaviest precipita- recorded since the Lake Emory ;her reporting station was Wished several years ago. Bottomlands Flooded le Littk Tennesee river went of its banks at Franklin early Inesday morning and kept ris- until .about 11:30 o’clock, when overed the bottomlands in the lity of the railroad depot and backed up Town creek to T. Angel’s barn. he Franklin Hardware com- y’s saw I mill was flooded more 1 waist deep. The water lapped the floorboards of Fred Cabe’s le—eight inches higher than it ; in the freshet following last ter’s heavy snows and rains. CoVS Mianoioned 'n the eastern bank of the river Franklin several cows were ma ned in a pasture until young 's in bathing suits led them to sty through water so deep that cattle had to swim. 'odder stacks, hay, pumpkins and er produce were swept down the ;r. i. water main connection was iken near town pump No. 2 and eral homes in the vicinity were hout water until the connection s restored. Mssanwhile the brok- line had nearly 'emptied the m storage tanks. Pwo bridges on Middle creek and 2 on Tesenta, a new concrete ucture, .were reported washed t. Several other bridges through- t the county, including one on bbit creek, also were reported shed out or badly damaged. —« Supply Pastor Appointed for Highlands Presbyterian Church (Special to the Press-Maconian) HIGHLANDS, N. C., Sept. 30.— Air. Robert UuPree, a senior student at Columbia Seminary, De catur, Ga., has been called by the Highlands Presbyterian church as stated supply for the next eight months. Mr. DuPPree, who preached here last Sunday, will come to Highlands twice a month to conduct services, .and another young man from the seminary will preach here on al ternate Sundays. Besides holding services on Sunday mornings, they also will be present for the mtet- ings of the Christian Endeavor society on Sunday nights. CHANGES OCCUR ON MAipTREn Cunningham Moves Store; New Furniture Store Coming County Officials Hopeful Of Refunding $900,000^ebt Franklin-High To Meet Murphy in First Game Of 1936 Season Friday ommission Authorizes arge Forest Purchases Dispatches from Washington [eport that the forest reserva tion cotiimission, meeting Wed nesday at the capital, approved the addition of 117,320 acres to the Nantahala national forest at a cost of $59,408. The pur chase areas in each of the coun- t'6s in the forest were not listed. UPranklin Produce Market latest quotations (Prices listed below are subject 5 change 'without notice.) Quoted Ijy Farmers Federation, Inc. 'hickens, heavy breed hens 12c -nickens, light weight, lb. .. 10c ^fyers, heavy weight, lb. .. 12c 'fyers, light weight, lb 10c doz ;.. 2Sc -orn, bu 9Sc ^heat, hu $1.00 bu ...$1.10 otatoes, ^o. 1 $1.15 Quoted fcy Nantahala Creawiery ^utterfat, lb 30c Franklin’s Main street is under going numerous changes. E. K. Cunningham & company, one of Franklin’s oldest mercantile establishm'ents, moved this week from the Higgins building to the J. T. Moore building near the postoffice. The Moore building, re cently bouj^t by T. W. Angel, Jr., had been rennovated and redeco rated. Another change on Main street is expected in the next month, it having been reported that Dr. Fur man Angel and Dr. Edgar Angel, who have bought the Franks build ing, adjoining the Moore building, had leased the structure to Sylva business men who intend to estab lish a furniture, store and under taking establishment in Franklin. The Farmers Federation, Inc., which occupies one of the two storerooms in the Franks building, is planning to move into the Mc Coy building on Palmer street. The Doctors Angel, it was stated, plan to make many changes and improvements in the Franks build ing for the new tenants. Work is expected to start this week on adapting the McCoy build ing on Palmer street for the Farm ers Federation store. Meanwhile work is progressing on excavating the basement for a new building to be erected by the Leach brothers on the lot between the Macon Theatre and the Angel building. The new structure will tie in with the walls of adjoining buildings, llie builders plan two storerooms, each with a basement; but have not announced whether they will build a second story. 4-H Club Calf Show To Be Held Saturday A 4-H club dairy calf show will be 'held in Franklin Saturday morning, starting at 10 o’clock with a purebred Guernsey heife calf offered by the Franklin Ro tary club to the boy or girl hav ing the best calf in the s-how. S. W. Mendenhall and b. Alexander, county agents express ed the hope that enough interest would be shown in the show to warrant making it an annual everit They also voiced the hope it would encourage interest in sending a judging team and a class of calv r the state fair at Raleigh next With hopes high for a success ful season, the Franklin high school football team, a light but fast bunch of youngsters, will open its schedule at 3:30 o’cloek Friday aft ernoon in a gjame with the Murphy high eleven at Murphy, A crowd of local football fans, young and old, is to accompany the team. A tough game is expected, but the Franklin boys are hopeful that their speed and drive will overcome Mur phy’s advantage of weight. The entire squad of 24 players will go on the- trip. The probable starting line-up was announced to day by Frank Henry, coach, as follows; Ruel Waldroop, full back; Frank Higdon, right halfback; Roger Am mons, left halfback; Jimmie Perry, quarterback; Dan Wilkie, right end; Johnnie Slagle, right tackle; Charles Setzer, right guard; Wil lard Pendergrass, center; Charles Slagle, left guard; Charley Palmer, left tackle; Bobbie Patillo, left end. The team averages 1.35 pounds per man. Dennie Penland, who was expect ed to play at one of the end posi tions, pulled a knee ligament at practice Wednesday and will not be able to enter this game, and, it is feared, any others this season. Coaches are Frank Henry, Pro fessor Lee and Roger Sutton, who has been drilling the linemen. The squad has been in practice on the high school field for the past three weeks. A schedule of eight or nine games is planned. On Friday, October 9, a game is scheduled with Cornelia at Cornelia, and' on the 16th the first home game is to be with Bryson City. Senator Bailey Pays Visit to Franklin On Western Tour Josiah W. Bailey, North Caro lina’s senior senator, stopped in Franklin for an hour Wednesday morning while making a tour of Western North Carolina, chatted briefly with local Democratic lead ers and motored on to Highlands, Highampton, Rosman and Brevard. He was accompanied by Don Elias, co-publisher of the Asheville Citizen and Times. Mr. Bailey came to Franklin from Bryson City, where the night be fore he made a campaign address urging the reelection of the Demo cratic administration, declaring that “this is the year to hold fast to Roosevelt, who has brought us to. still waters and prosperity to Amer ica.” Senator Bailey had been invited to speak at the weekly Rotary club luncheon, but declined on account of a conflicting engagement at Highampton. WILL OBSERVE MEMliALDAY Juniors To Have Special Exercises for Dead October 11 Agreement Believed Near With the Principal Bondholders year. Mrs. Mabel Ray Buys Hallie’s Beauty Shop Mrs. Mabel Ray announc«l th; Week the purchase of tallies Beauty shop in the Ashear huildin| “L Mrs. Halli. ; devote her entire time to a ^au^Y shop in Atlanta which she Iwugni early in the summer. Good Prices Paid at Franklin Cattle Sale Wednesday Tuesday night’s heavy rain, which washed out a number of bridges and made rural roads impassable in some sections of the county, reduced to a minimum the number of cattle offered for sale Wednes day at the second auction of the season at the Franklin stockyards. But a large number of buyers were present and the beeves and feed ers brought good prices. R. A. Patton, auctLoneer, reported 80 head sold with price of 4 to 5 cents for heifers, 4J/4 to 6 ccnts for steers, 21^4 to 4^/^ for butcher cattle, and 7^ to 8 cents for veal. One buyer was said to have bought a cow in the morning and run i.t back through the pens in the afternoon, selling it at a profit of $11. Another cattle sale, Mr. Patton announced, will be held on Wed nesday, Oct. 14. Half of Australia’s papulation of 6,350,000 lives in capital cities and another 15 per cent in provin cial towns. The remaining 35 per cent provide more than half the produce of the commonwealth. ^lacon county lodges of the Junior Order of United American Meckanios will conduct their an nual memorial service in honor of Juniors who have died during the past year at the Cowee Baptist church on Sunday, October 11, with Cowec council No. 493 acting as host to members attending from other ^dges. The program for the day’s ex ercises was announced this week by T. M. Rickman of the Cowee lodge. He urged all members of the order in the county to attend and to bring their families and friends., requesting that they also bring picnic lunches. After the regular Sunday school hour, the memorial exercises will start at 10:45 o’clock in the morn ing with opening remarks by Jack Stribling, follojved by a welcoming address, appointment of a commit tee on time and place for the next meeting, interspersed with prayers and songs. The Rev. Mr. Acre, pastor of the Franklin Methodist charge, is . to preach. ^ After a picnic dinner, to be served at 12:15, there will be an other service with addresses by members of the various lodges in honor of their deceased fellow members. CCC Lowers Minimum Age Limit to 17 Years Mrs. Eloise G. Franks, Macon county’ welfare superintendent, an nounced this week that, she had been notified that Macon county’s CCC quota had been increased a,nd that the minimum age for admis sion to the conservation corps had be?n lowered from 18 to 17 years. The maximum .age of 29 for junior enrollees remains unchanged. The lower minimum age will open the way for many young men in this county to enroll in the CCC. All desirous of joining the conser vation corps who have not recently registered ywith the welfare officer were urged by Mrs. Franks to do so this week. She said the new quota would be made up in a few days. Only members of. relief fam ilies are eligible. Macon county officials are hope ful, as a result of a conference in Raleigh last week, of obtaining an agreement with bondholders for re funding the county’s indebtedness of approximately $900,0{X) at a low er rate of interest and over a longer period of years. if the plan, of refinancing pro- poS'Cd by representatives of the county is accepted by a majority of the bondholders;, it W’ill save the county many thousands of dol lars. C. Tom Bryson, register of deeds and clerk of the county board of cofmissioners, estimated that should this plan be made ef fective it would mean a saving of approximately $200,000 over a per iod of 30 years, and at the outset w’ould reduce interest payments about $10,000 a year, besides cut ting in half outstanding default on bond coupons. Agreement Near Representatives of the county and of the major bondholders came very near agreement at the con ference in Raleigh. The difference at the close of the c®nf«rence was one-fourth of one per cent in the rate of interest, it was reported. The bondholders’ representatives proposed refunding over a 30-year period, it was stated, at five per cent interest and indicated that they were willing to accept 50 cents on the dollar on past due coupons. The county had asked ^ a reduction of the interest from its present average of 5.64 per cent to four per cent. The bondholders’ representatives countered with a suggested rate of 4.75 per cent; but the county officials felt that they could not accept a rate above 4.50 per cent. The difference, in terms of dollars, is about $2,250 a year in the early years of repayment. Defaults Total $170,000 The county’s defaults at this time on both coiupons . and principal amounts to approximately $170,000, according to Mr. Bryson. The Woodmen of the World and Royal Neighbors of America, principal holders of the county’s bonds, con trolling more than 50 per cent, hold a judgment against the county for $76,000 on defaulted payments; but against this the county has a de posit of $39,0(X] in the W^achovia Bank and Trust company at Ashe ville. Mlust Repeal Tax Limit If a refunding agreement is reached, and county officials con fidently except that one will, de faults not covered by cash will be refunded along with payments not yet due. Tlie big majority of the bonds now outstanding against the county fall due during the 40’s, and the last in 1956. If the re funding goes through, new, bonds covering a thirty-year period, will replace the present bonds. County officials confic\ently ex pect their proposal will be accepted by the bondholders. In this event, Mr. Bryson said, a tax rate of. not more than $1.20 should prove adequate to cover both the county’s bond obligations and its general en- penses. The present rate of $1 on the one hundred dollars valuation falls short of meeting bond obliga tions ; but this rate is limited by a local law enacted by the last gen eral assembly. Bondholders have in dicated that this law must be re pealed before they will finally ac cept any refunding plan. Macon county was represented at the conference in Raleigh by the entire board of county commis sioners—E. B. Byrd, chairman; C. L. Blaine and Frank Pott.s—C. Tom Bryson, clerk of the board, and George B. Patton, county attorney.

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