Newspapers / The Franklin Press and … / Jan. 11, 1940, edition 1 / Page 4
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-T PACE FOUR THE FRANKLIN PRESS AND THE HIGHLANDS MACON IAN THURSDAY. JANUARY 11,; 1940 Published every Thursday by The Franklin Press i At Franklin, North Carolina Telephone No. 24 VOL. LV Number 2 Mrs. J. W. C. Johnson and B. W. Johnson... ; ..Publishers P.. F. Callahan . , ........ 1 . , . ........ Managing Editor Carl P. Cabe ..... Advertising Entered at the Post Office, Franklin, N. C, as second class matter SUBSCRIPTION RATES One Year j $150 Eight Months . . $1.00 Six Months .75' Single Copy .05 Obituary notices, cards of thanks, tributes' of respect, by individuals, lodges, churches, organizations or societies, will be regarded as adver1 tising and inserted at regular classified advertising rates. Such, notices will be marked "adv." in compliance with the postal regulations. This newspaper invites its readers to express their opinions on matters of public interest through its . columns. The Press Maconinn is independent in its policies and is glad, to print both, sides of any question. Letters to the editor should be, written legibly on only one side of the paper and should be of reasonable length. The editor, reserves the right to reject letters which are too long, are of small general interest or which would Violate the sensibilities of our readers. ' Will it be War or Peace in the Spring? A LL indications and all the opinions of experts seem to point- to the most violent warfare' in history or the beginnings'. 'of .'peace' during the coin-- ino- snnnir. Certainlv the present condition cannot endure for long. The ever tightening blockade of. Germany and her shrinking resources oh the one hand, arid on the other the strain of blackouts and food rationing in (ireat Britain and France and the boredom and discontent of their soldiers at the front, must force action one-way .or another be fore many weeks. Arid whether the action is toward suicidal war or permanent peace, the impact upon the United States will be terrific. . Jf toward war, the demand for food, clothing arid war. equipment will cause ait industrial and agricultural boom which will be followed by dis aster unless we are prepared to control the in evitable deflation-and keep the country in a safe economic condition. Jf toward peace, we arc also faced with grave problems. The release of many millions of men and women from military service and from work in munitions plants, and the consequent increase in unemployment, both in this country and in Europe, will result in the greatest economic col lapse the nations of the world have ever faced un less measures have been prepared in advance to Circumvent such a calamity. In the .preparation of such. measures and in the work of restoration and recovery this nation will 1)Q forced to take the lead, because we have most of. the money and resources and have not felt the shock of war; and also because our welfare de pends so largely upon the establishment of a sound economy in other nations. The present congress faces gigantic tasks wheth er the issue in- Europe be peace or war. The Russian Menace Dispelled , C" VENTS in Finland have effectively banished the nightmare of Russian domination in Europe and Asia and have shown that the dreaded Red military machine, with its unlimited man power, and superior mechanized .'equipment, is noth ing more than a mob' of ignorant peasants entire ly unfitted to cope with lirst class troops. Reports from Finland by unprejudiced corre spondents state that the Russian troops are ill clothed, ill-fed a.rid that the commanders are in competent. The common soldiers are so ignorant that they have no idea where they are or why they are fighting, and they lack the ability to handle motorized equipment in the Arctic cold. Trucks and tanks are wrecked and abandoned or captured by the Finns. The Red armies have been disastrously defeated 1 and hurled back at every point with an enormous loss in men and equipment,' 'and there seems little likelihood of Russia obtaining and holding any strategic part of Finnish territory. Thus a tiny. Jiberty-loving nation has dispelled the shadow of the Bear which has hung over Europe and the Near East for generations and kept the diplomats in a constant state of jitters. Rumania, which received the Russian province of Bessarabia as a partW the spoils of the World War, was prepared a few weeks, ago to cede that province back to Russia, but now King Carol has' announced that Rumania will never give it up, but is prepared to fight to the last ditch. Great Britain" no longer fears a Russian drive for India, and the Turks feel secure in their pos session of Constantinople. The Balkan powers have lost their dread of Russian overlordship, and the Japs are jubilant over the discomfiture of their ancient enemy. All of Russia's experienced generals except Gen eral Stern have been shot in the various purges ordered by Stalin, and the only first class fighting men in the nation are the Don Cossacks, who are a law unto themselves and receive special treat- Princeton's Grid Hero Goes Home 1 " X ! 'A y y 5r" ih e . -awn v- .. Don Herring-, young Princeton football her who lost hii left leg at the result of an 'injury in the Harvard game this fall, i shown in a Princeton, N. J., hospital just before roine home to liic family. Cheerful as always, Don sees a good future ahead for. a man with one leg "who can take it." The leg was amputated several week, ago after doctors fought a losing battle to save it. and family, from Erastus, are oc cupying their new home which they built on KUijay. Mrs. Edison 'Amnions' -and "Miss Marie Keener were visiting Mr. and Mrs. Alex Amnions Thursday of last week. Little Gurture Bowman, daughter of .Mr. and Mrs. Mclvin llowman, who has been very ill with in fluenza, is somewhat improved. Miss Kathcen Shook spent the holidays with her parents, Mr. and Mrs. L. L. Shook, hut has returned to Gastonia where she is employed. Kcv. O'Kclly, from Greenville, S. C, is visiting friends on Elli- jav tins week, Mr. and Mrs. Louis Haskelt and I Weeks. family -have moved from the John Berry farm to Mrs. J, W. Henry's place. 1 ' . Mr, and Mrs. Harry -Morrison, (if Gastonia, spent Christmas with Mrs. Morrison's parents, Mr. and Mrs. (' G. Mlncey: ..The current trend tward more livestock iin North Carolina has hit Yadkin county where register ed Guernsey heifers are growing in popularity as a 4-H Club pro ject- At the present rate of enroll ment, Duplin county 4-H Clubs will boast at least 200 farm boys before the first of the year, re ports Assistant Farm Agent L. F. f -r 1 W HP LAIdTd II NOW i AM SICK BECAUSE WHAT T DOCTORS hf hAV) TAKE I CAht'T OOJ TO inent. The Cossacks have little sympathy with com munism and no regard whatever for the government in Moscow. They obey orders from the government only when it suits them to do so. ' Cossacks are fighting men by profession and are recklessly brave and horribly cruel. They fight under their own chosen officers, whom they obey implicitly in battle and disregard entirely at all other times. They fight only for glory and loot and there is neither glory nor loot to be had in Finland nothing but snow and ice and hard fighting Finns, therefore there will probably be few Cos sacks with the Russian forces in the campaign The mvth of Russia s overpowering seems to have been exploded, and "the Bear that walks like a man" is back on all fours and running for home.. . might Gommunications j Ashevillc, was visiting Mrs.- Sarah : Price during the holidays. Mrs. Heirs is the former Miss Allen j Warren. MR. PEEK SEES GLOOMY j Carey lias returned to his OUTLOOK FOR 1940 j mines on Ellijay, after spending V I-. , i....,Liin Prp- 1 IMe naays with his family, in Lditor hranklin fress . vj;nt n r As we enter upon the threshold ; RJger; ; visiting his of a new year, we are faced With wife,s father ' Ader Gillesnfe L "What will hp 11, e c .. ." ' Lilt; UUC3UUII, ..... - verdict of 1940?" Perhaps no year in the history cf the world, certainly not in the hieniory of most of us, has had ; a beginning; fraught with so many problems, many of which are per- ' plexing beyond any immediate so- i lution. Doubtless some question J similar to the above has arisen in , the minds of many, many people 4 over the world during the last few ; weeks. . ' :' .. . ... i We look across the ocean ; on ', either side, and what do we see ? Devastating, cruel warfare with all ' its terrible consequences. We turn J to behold the broad reaches of ; our homeland, and what greets; our. vision? Much uncertainty as i to the ultimate position that might , be ours with reference, to the Euro- ; pcan crisis. The unemployed situ- i ation still looms large. Taxes are, steadily mounting. Business contin- ues to. fail in many instances. Broken homes are on the increase, and suicides are still reported as ' w? totter on the brink of moral and spiritual bankruptcy. These and countless other sickening pic tures are daily flashed before the eyes of man. . This, is not a. pleasant picture, but how can one have a complete analysis of conditions that prevail in the wtirld and be v ery optimistic? The President chose his accus tomed title "The State of the Un ion tor his annual message to Congress the other day. But doubt less a more appropriate title would have been "The State of the World." Certainly the President was compelled to think and speak in large measure in terms of world wide conditions rather than just purely domestic affairs. Does any one know the answer to the question? Only God knows. When the curtain falls on the year -.an' understandable verdict will be presented to, human intel ligence, until then mortal eyes cannot penetrate the veil. Humanity has it in its power to make the verdict what it should be, "but to do so would require a complete reversal of the present trend. If the verdict of history is worth anything for guidance in the present day, then there must be a recouping of moral and spiritual assets and the acceptance and prac tice of Christianity in the world. Respectfully yours, Charlotte, N. C. K. M. Peek South Carolina last week. Mr. and Mrs. Qordon Everett As We Would Be Served Whenever and wherever our services arc needed, we respond immediately. We . serve both those of limited meant and others who are more favored by fortune, with fidelity to their , best interests. Our service to the living is for all people regardless of class or creed. M &ui. Out WAoSTtoX PHONE 106 NIGHT PHONE 70 IV "Ll'l,.'"RP " " i Lit 0M it ft myfMm' STATEMENT OF CONDITION Macon County Building & Loan Association OF FRANKLIN, N. C. As of December 3 1st, 1939 (Copy of Sworn Statement Submitted to Insurance Commissioner a. Required,. by Law) ASSETS THE ASSOCIATION OWNS: Cash on Hand and in Banks Mortgage Loans Money loaned to shareholders for the purpose of enabling them to own their home.. Each loan secured by first mortgage on local improved real estate.. Stock Loans'............................ Advances made to our shareholders against their stock. No loan exceeds 90 of. amount actually paid in. Accounts Receivable Temporary Advances for Insurances, Taxes, Etc.; ' Office Furniture and Fixtures $762.48 80,429.96 4,725.44 26.54 511.92 TOTAL Ellijay By MISS HAZEL AMMONS About five inches of snow fell Saturday night in this community. All the students who ko awav to school left last week to at tend the D. A. R. school in Ta- massee, S. C Mrs. Richard Heirs, of West $86,456.34 LIABILITIES THE ASSOCIATION OWES : To Shareholders 4 , Funds entrusted to our care in the form of pay ments on stock as follows: Installment Stock $45,140.17 Full-Paid Stock 32,850.00 . '. Y -r $77,990. 17 Accounts Payable 2.60 Undivided Profits ;. ... 5,963.57 Earnings held in trust for distribution to share-holders at maturity of stock. Reserve for Contingencies 2,500 00 To be used , for the payment of any' losses, if sustained. This reserve increases the safety and strength of thetAsso ciation. ' . . TOTAL $86,456.34 STATEOr NORTH CAROLINA, i COUNTY OF MACON.! ' R. S. Jones, Secretary-Treasurer of the above named Association personally ap peared before me this day, and being duly-sworn, says that the -foregoing report is true to the best of his knowledge and belief. Sworn to and subscribed before me, this. 9th day of January, 1940. . VILLIAM E. HUNNICUTT. R. S. JONES. Notary Public. SecrtUry-Treaurer. My Commission expires August IS,. 1941.
The Franklin Press and the Highlands Maconian (Franklin, N.C.)
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Jan. 11, 1940, edition 1
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