Page Four
THE PILOT, a Paper With Character, Vass, North Carolina^
Friday, July 20, 1928.
THE PILOT
STACY BREWER, Owner
Published every Friday by the
PILOT PRINTING COMPANY
Vass, North Caroliika
Subscription Rates:
One Year $2.00
aix Months $1.00
Address all commmiicationi to The
Pilot Printing Co., Vass, N. C.
Advertising Rates on Application
Entered at the Postoffice at Vasa,
N. C., as second-class mail matter.
SELLING LAND
FOR TAXES.
A few days ago in Raleigh a
large amount of land was sold
for delinquent taxes, and the
general attitude seemed to be
that the law was not only to be
regarded with disregard, but the
bidding for the land was almost
wholly by the county which
bought in $5,000,000 worth. This
situation is probably more seri
ous than most folks suspect, for
if it indicates an inability of
people to pay their taxes it is
serious enough, but if it says
that many people are beginning
to look lightly on paying their
legitimate share of taxes it
presages a condition that this
State may have to face when
conditions are much more grave.
Probably thoughtlessness is at
the bottom of most of the trou
ble, for it is believable that the
people generally are inclined to
tote fair enough to take their
legitimate share of the public
burden. But the fashion has
grown to kick at taxes until we
are gradually making ourselves
believe that tax is a thing to
avoid, and not only to avoid, but
to ridicule.
It may be that landowners are
not able to pay their taxes for
last year, but it is doubtful if
so many as are noted in Wake
county are really in such straits.
If they are it is time to make
some radical change not only in
our system of collecting taxes
but likewise in our system of
levying taxes and of appraising
property, and also in our system
of spending our money for some
of the things we buy that are
not as essential* as that which
our taxes bring us. It is not
worth while to say that North
Carolina cannot pay its taxes.
We pay many times as much for
other things as we pay in taxes,
and if it comes to a matter be-
tvi^een taxes and some of the
fripperies, which in the total
cost us millions annually, it
might be wise to begin the econ
omies at the frivolous expendi
tures. But probably we have
nursed the notion about our
taxes until we have magnified
the burden far above what it
really is and that we should take
a new look at the real condi
tions.
But there is no doubting that
something needs to be done, and
done in seriousness.
pretty clearly where a large and
ir*5uential portion of the North
Carolina Democrats will stand.
Solid for the State and local
ticket but highly unsatisiied as
to the National ticket with nul
lification as its campaign cry,
and Tammy as its managing di
rector, and contempt for the en
tire South as its attitude toward
that section of the union on
which the Democratic party has
depended for sixty years for
whatever of national success it
has gained, and practically al
ways in spite of Tammy which
has been the bitter and persist
ent enemy of about every Dem
ocratic ticket that has been of
fered in the nation.
The Democratic party owes
Smith nothing. It owes Tammy
nothing. The slaughter of Da
vis four years ago in New York
can tell Democrats every place
what kind of a deal they can
have from this bunch. Four
years ago the county of New
York gave Smith 202,000 ma
jority, but it gave Davis 7,000
less than Coolidge. Queens, an
other of the counties that in
cludes New York City, gave
Smith 43,000 majority, and Da
vis 43,000 less than Coolidge.
Kings, another of the counties
in which the city is, gave Smith
a majority of 150,000, and 80,-
000 behind Coolidge. The coun
ties in which New York City is
gave Smith a majority of about
400,000, but it slaughtered Da
vis by a vote of 127,000 less
than was given Coolidge. Tam
many and Smith allowed their
national candidate to be mur
dered by more than half a mil
lion votes less than they gave
their candidate for governor.
That's the way New York poli
tics serves the man who is pre
sented by the Democratic party
of the nation. And now that
same New York organization
ask the Democrats of the South
to stand by that kind of treat
ment when the proposition is to
cinicify the South and to ridicule
it into submission to all that the
South detests and defies.
Mr. Daniels dresses down pret
ty fairly the New York World in
its attempt to ride on the neck
of this State, and probably it
will have its effect.
creet in caring for the deposits
of their customers, and they are
pretty sure to know that loans
are wise to grant to the borrow
ers and also that the borrower
will be in shape to return the
money when it is due or may be
called for. And this is one es
sential feature, for in the final
showdown it is the depositor’s
money the bank loans, and not
its own.
THE ISSUE
IS DEFINED.
The Pilot had not expected to
have much to say on politics this
year, but it seems that this is to
be a somewhat talkative cam
paign. and the gravity of the sit
uation is the excuse for revert
ing to the subject. With the an
nouncement of Smith that Ras-
kob is to be the manager of the
national Democratic organiza
tion which has set out to ratify
Tammy^s rape of the Democratic
party, Raskob clears the decks
by his clear statement that he
believes in all that he has prev
iously said about trying to bring
about the repeal of the Eigh
teenth Amendment and the free
dom of liquor in tkose places
where the people may want it,
which is as plainly as he can
say that he wants to wipe out
the entire work that has been
done in restricting the sale of
mtoxicants. He thus throws the
country into one of the most ag
gressive struggles that has tak
en place sinoe the Civil War, and
there is no longer any effort to
conceal the definite purpose that
actuates the whole Smith move-
ment.
Elsewhere The Pilot prints an
editorial from the News and Ob
server of Sunday which shows
BILL PAYABLE
NONE.
A few days ago the Page
Trust Company was called on
for its periodical statement of
the condition of its finances. It
makes a good statement, but the
feature that stands out in inter
esting fashion is that the item
“bills payable,” is followed by
the word “none.” Bills payable
is sometimes a good thing for a
bank to have, but there are
times when that item is equally
a good one to be free from. Often
the Page Trust Company and
other hanks of this community,
when demand for loans exceeds
the cash available to loan, secure
money from other sources than
their own dependencies. But the
bank that has too large a line of
bills payable is often in danger
of becoming merely an endorser
for its customers, and in that
respect it lends its credit and its
name where it needs to be care
ful of its steps.
A bank is frequently a mis-
hidged institution. Too many
folks are of the opinion that
when they want money a bank
should procure it for them, and
are irritated when it will not.
But many bank loans are loans
that never should be made. In
many cases credit is far too easy
to be good for either the bor
rowing customer or the bank, for
it is no benefit to any man to
lend to' him money that he does
not have a business use for, or
that he is going to have diffi
culty in paying back when due,
and certainly it is not good for
a bank to make loans of that
type.
Moore County has a group of
banks that have excellent stand
ing where they are known. They
are helpful as far as judicious
banking permits, and on known
occasions have gone out into the
big world to dig up money when
it has been desirable to have
more money than local sources
afforded. Yet they are also dis
THE BASIS OF
OUR FUTURE.
A sage who watches the game
of golf North and South and
who is an analytic chemist on
things of this sort one day told
The Pilot that most men of af
fairs spend from one-fourth to
one-twenty-fourth of their wak
ing hours playing golf. This
sounds like a big proportion of
their time, but the man is such
a devotee pf precision in his
facts that his statement has to
be accepted until someone equal
ly precise and persistent in dig
ging up positive evidence shows
something to the contrary. His
statement runs about as follows:
When his examples are in the
North they play golf during
their seven months up there one
or two rounds on Sunday and
one or two rounds during the
week days, and through their
summer vacation they raise that
to 14 to 28 rounds during the
vacation period. Most of them
take at least two weeks in win
ter for golf when they play from
14 to 28 rounds. This makes a
minimum of 60 rounds, which
with the time to get to the club,
practice a few putts, a few
drives, play 18 holes and get
home means about 240 hours a
year or one-twenty-fourth of a
man's waking time. Some play
much more.
The correctness of the figures
is accepted. The conclusion is
that the chief industry of the
Sandhills, playing golf, is one
that is facing a continuing and
persistent increase, and this is
further buttressed by the dis
closure that the one thing that
is increasing its sales faster
than possibly anything else of-'
fered in Central North Carolina
is golf balls. The number sold
in the past winter increased in
such proportion over previous
years that golf balls are becom
ing a staple article of merchan
dise like flour and ice cream
cones.
The reason for all this is that
the fame of the Sandhills golf
belt is spreading faster with
each recurring season, and at
the present time the North is
talking about Pinehurst, South
ern Pines, Pine Needles and oth
er places in the community in a
vastly greater degree than ever
before. Big men are getting en
thusiastic. All the new houses
in the different villages is not
the result of local booming, but
of the cold fact that the North
ern vacationists have found here
in the neighborhood a lot of con
ditions that thos^ of us who live
in the territory have not fully
visualized, and the development
pressure is emphatically from
the outside. There is no shadow
of doubt that the coming winter
will eclipse anything ever seen
here, and that from then on the
tide will run swift.
IF ITS TOMBSTONE?
OR MONUMENTS
See or Write
D. CARL FRY
Carthage, N. C-
WEBSTER’S
NEW INTERNATIONAL
DICTIONARY
-THE MERRIAM WEBSTER
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