THE FRANKLIN PRESS AND THE HIGHLANDS MACONIAN
THURSDAY, MARCH IT, 1038
Alpine Troops Guard Brenner Pass
: ' ' and ' .
-Published every Thursday by The Franklin Press
At Franklin, North Carolina
Telephone No. 24
VOL, LII
Number 11
Mrs. J. W. C. Johnson and B. W. Johnson......... ..Publishers
P. F. Callahan............ ....Managing Editor
Mrs. C. P. Cabe...... .........Business Manager
PAGE FOUR
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A Great Investment Opportunity
TTHERE is more idle cash in the United States
today than at any other time in the history of
the country, and it would seem that all of the banks
would rush to take advantage of the new Federal
Housing Act to place their swollen cash reserves
out on guaranteed loans. to home builders. These
loans pay five and one-half per cent, instead of six,
it is true, but the government guarantee protects
against loss, and $5.50 per hundred is better than
can be realized upon any bond investment at this
time.
The Federal Housing Act also offers a golden
opportunity for the great insurance companies in
the matter of investment of reserve funds, and most
of them are taking advantage of it. Government
guaranteed loans paying five and one-half per cent
and the constant inflow of cash as monthly install
ments are met, means a greater ancl quicker return
than can be obtained from any other source.
1
Recipe for Recovery
THESTIFYING before a senate committee, Bernard
7 ; Baruch, well known financier, although a close
friend and advisor of the President, said that the
present depression can be ended by a change of the
government's attitude toward business and a wise
readjustment of the tax structure;
He stated that he agreed with the President's
view that the national income, could reach $100,000
000,000 a year instead of about' $67,500,000,000 as at
present, and added that a business upsurge is now
being prevented by a feeling of insecurity the fear
that reasonable profits will be confiscated by "in
. ordinate taxation" and that assets will be subjected
to , some "great arbitrary change in the value of
money."
A short time before this, the United States Cham
ber of Commerce issued a report ponting out that
all the essentials of recovery men, materials and
demand for goods are present, yet recovery does
not come. It does not pome because of that feeling
of insecurity of which Mr. Baruch and a thousand
other authorities have spoken. That feeling which
causes capital, industry, workers and farmers to re
trench, and to hold back the spending that would
create real productive jobs, new opportunities in
industry, new markets for agriculture, and normal
conditions in this country.
Government has reviled and fought business.
Government has held out a constant threat of still
more severe "reprisals." The inevitable result is
depression, and all the political promises and hot air
will not fill the bread baskets.
The more business is taxed and "lawed" against,
the lower will drop the national income and the
harder jobs will be to get. These are facts that can
not be laughed off. The longer they are ignored, the
worse the depression will be.
Clean up, paint up and repair. An improvement
loan under the FHA plan makes it easy.
Shovel manufacturers are not kicking about hard
times. Relief workers have to have something to
lean on.
The framing of new wage-hour legislation in the
lower .house of congress has been entrusted to a sub
committee headed by Congressman Ramspeck of the
fifth Georgia. Robert Ramspeck is one of the sanest
and safest men to sit in the national assembly in re
cent years, and it is a safe bet that his bill will be
fair to both laborer and employer. However, the im
pression seems to prevail that no labor legislation
will be enacted during the present session.
The splendor of the Alpine beauty silhouettes these guardians of Italy's frontier In the fam us
! pass which leads to Austria'. These troops were demonstrating II Ouce's might to impress c:i A :ctr!a 11. A
Italy backed up Germany in Ilitler's recent coup which brought Nazi ministers into the An-' rb'na ". '
Hog-Grading Service .
Planned For Farmers
Plans for training men to grade
North Carolina hogs before they
are shipped to market have been
announced by H. W. Taylor, ex
tension swine specialist at State col
lege.
The announcement came after
Taylor had spent about a year in
studying the present hog marketing
situation in this State and in con
ferring with packers and represen
tatives of the U. S. department of
agriculture.
A grading . service is needed, he
says, to determine the condition bt
the hogs so that the proper deduc
tions may be made when the pork
is soft or oily.
"Later this year we hope to have
trained men whom both buyers and
growers will accept as qualified to
grade hogs accurately," Taylor said.
The graders will be supplied by
the bureau of agricultural economics
and trained by the bureau of animal
industry. Packers have offered their
coolers to be used as laboratories
:n training the graders.
Packers usually pay 75 cents to
$1.50 less a hundredweight for hogs
which are soft or oily from eating
waste peanuts or soybeans. Unless
the hogs are graded accurately, the
deductions may be 'too great or too
small.
Meanwhile, Taylor pointed out
that it is all right to feed soy
beans and peanuts to hogs until
they reach a weight of 85 pounds.
This enables growers to utilize
their peanuts and soybeans. ,
. But after that, the hogs should
be put' on a corn ration together
with tankage or fishmeal and soy
bean oil meal ot -cottonseed meal.
If this is done, the hogs should be
firm and hard by the time they at
tain a weight to 200 to 225 pounds.
Political
Announcements
FOR STATE SENATE
I hereby announce myself a can
didate for nomination by the Dem
ocratic party in the June primary
for the office of Senator from, the
33rd District in the General As
sembly of North Carolina. . ,(
If nominated and elected I shall
endeavor to serve the people of
this District faithfully and to the
best of my ability and to strive un
ceasingly toward the protection and
promotion of the interests of all
the people of. this District and of
.Western North Carolina.
I will appreciate your support of
my candidacy,
GUY L. HOUK
FOR GENERAL ASSEMBLY
I hereby announce myself a can
didate to succeed myself as Rep
sentative of Macon County in the
next General Assembly, subject to
the action of the Democratic Pri
mary. Your support and influence
will be appreciated.
R. A. PATTON.
.
Funeral Services For
Peggy Elizabeth Ledbetter
Funeral services for Peggy Eliza
beth Ledbetter, 9, were held at the
Pisgah Methodist church, Thursday
afternoon, March 3, at 3:30 o'clock,
with the Rev. T. A. Groce and the
Rev. Byron Shankle officiating.
Peggy died at the home of her
mother, Wednesday afternoon . at
2:15 o'clock, following an illness of
several days.
She is survived by her father. W,
C. Ledbetter, Jr., of Greenville, S.
C. ; and her mother, Mrs. Lock
Davis, of Candler; one brother,
Charles Ledbetter, and a baby
brother, Belton Davis, both of Can
dler; her grandparents, Mr. and
Mrs. E. A. Vanhook and Mr. and
Mrs. W. C. Ledbetter, all of Frank
lin, Route 2, besides a host of
friends and relatives.
FOR GENERAL ASSEMBLY
I hereby announce myself a can
didate for Representative of Macon
County Sn the next General As
sembly, subject to the action of the
Democratic Primary.
Your support of my candidacy
will be greatly appreciated, and if
I am nominated and elected, it is
my intention to represent the people
of Macon County to the best of my
ability.
GEORGE B. PATTON.
FOR SHERIFF
1 hereby announce my candidacy
for reelection as Sheriff of Macon
county, subject to the Democratic
primary. If elected, I will continue
to serve the people of the county
to the best of my ability as I
have in the past.
A. B. SLAGLE.
FOR CLERK SUPERIOR COURT
TO THE VOTERS OF MACON
COUNTY: .
For the past three years I have
served you as Clerk of the Superior
Court, as best I could in my
humble capacity. Your cooperations
in helping1 me fb fill the office has;
assuredly been appreciated. I again
announce myself as a candidate for
the office of Clerk Superior Court,
subject to the Democratic . primary,
and your support and cooperation
will continue to be appreciated.
.... . HARLEY R. CABE.
FOR REGISTER OF DEEDS
I hereby announce myself a can
didate for nomination by the Dem
ocratic Party in the June primary
for the office of Register of Deeds
Having had three years exper
ience as Deputy Register of Deeds,
I will endeavor to serve the people
of Macon County to the best of my.
ability. " '
Your support will be appreciated.
LESTER L. ARNOLD.
FOR REGISTER OF DEEDS
I hereby announce my candidacy
for Register of Deeds of Macon!
county, subject to the Democratic
primary. If elected, I promise to
perform the duties of the office to
the best of my ability, and I
earnestly solicit your support and
influence.
GEORGE R. PATTILLO.
CARD OF THANKS
Words cannot express"our appre
ciation to the neiehbors and
friends, for their manv deeds of
kindness and expressions of sym
pathy shown us in our recent be
reavement and loss of our son and
brother. Also for the many beau
tiful floral offerings. 1
MR. AND MRS. ROBERT
RICKMAN AND MARY ALTCE
Unsettled economic conditions have caused
many people to examine, as never before,
into costs, qualities and values.
Thus have many families learned that we are not
high priced even though our services are of , high
cxcellence.These families found also that they made an ,
uninfluenced decision as to what a funeral should cost.
Our Service to the Living ;
is for all people regardless
of their resources or circumstances.
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