Newspapers / The Pilot (Southern Pines, … / Sept. 19, 1930, edition 1 / Page 1
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MOORE COUNTY’S LEADING NEWS WEEKLY THE A Paper Devoted to the Upbuilding VOL. 10, NO. 42. Governor Drafts Frank Page to Head Tobacco Relief Association HANl.eY PILOT SELL YOUR TOBACCO ON THE ABERDEEN MARKET of the Sandhill Territory of North Carolina Aberdeen, North Carolina Friday, September 19, 1930. Executive Committee of Twelve Is E^itrusted with Work of Drawing Up Plans *- On Wednesday tobacco men from v i aetically all of the tobacco growing - unties of the State met in Raleigh : form an association to carry out the provisions of the farm relief sys- 1-. ni as applied to the tobacco planter, and out of the meeting came a re markably bold and hopeful develop ment in the drafting of Frank Page head the organization. An execu- Hve committee of five, to be appoint- d by Governor Gardner was entrust ed with making: plans for the develop- ]i:cnt of such project as should be fol- ' wed, and he was also empowered ^r, name seven added members of the committee to represent the State at large. It was recommended to work for a sign up of not less than 100,- rnr.OOO pounds of tobacco, which is about a fifth of the State crop. In tue appointment of Frank Page to ’ ead the movement the Governor said: ”We must elect one man and put Vim in charge. We must have a lead er whom the tobacco companies from New York to London and from Dur ham to Winston-Salem will regard as strong enough and able enough to carry the flag of North Carolina. “I propose to draft Frank Page for this job, a man who has handled hundi'eds of millions of dollars with out the strain of any of it leaving its slimy mark upon him. “It is a big undertaking, but I know Frank Page is patriotic and I believe he will undertake it for North Carolina. The State needs a man of his calibre to lead it out of this risis.” The usual amount of discussion fol lowed the original proposition for or ganization and the drafting of Mr. Page and the appointment of a com mittee to carry out the plans and draw up a detailed scheme for secur ing signatures, but the main task was accomplished in that preliminary work. The matter crystallized in the following resolution by Leland Kitch- in, of Scotland Neck: “That when this meeting adjourns, the Tobacco Relief Commission retire immediately and undertake to project into reality some organization to con form to Federal Farm Board stand ards and that the Governor of North Carolina be authorized to appoint Steven disinterested citizens of the State to assist in the perfection of ?iich organization.” T. D. McLean, of Moore County, known thoroughly over the State as an interested and qalified representative, went to Raleigh in accordance with the action of the local meeting in Carth age Tuesday, and took part in the convention. He is confident of much good as he says the old organization learned some things and Is now in ^hape to avoid the mistakes made in the former organization. On Thursday the names of the ex ecutive committee were announced. The majority are farmers though sev eral have other interests. Two are time merchants and several have banking connections. The names of the executive committeemen follow: From the Eastern belt: John T. Thorne, of Pitt county; Felix Har- of Lenoir; Lionel Weil, of Wayne; J. R. Clark, of Bladen; Leland Kitch- in, of Halifax; W. T. Moss, of Frank- Hn; and W. G. Clark of Edgecombe. From the Western belt; T. S. Neal, of Caswell; C. G. Armfield, of Surry; S. G. Moss of Granville; E. B. Hom er, of Alamance; T. M. Lewis, of For- f'yth; C. H. Dalton, of Rockingham; pnd A. J. Crutchfield, of Person. . Governor’s Choice '•■SiWv.. KIWANIS HEARS ABOUT TOBACCO AND BANKERS Growth and Helpfulness of Page Trust Company Cited and Co-op. Diisoussed DISCUSS INTER-CLUB MEET FRANK PAGE Mayor Urges Planting of Grass and Shrubs Beautification Program Is Be ing Sponsored by Civic Organizations. Henry Blue, Aberdeen’s progressive mayor, urges all of the citizens of the town to put forth an extra effort to beautify their grounds by planting grass and shrubbery. The fall season is the best time for putting out shrub bery, and grass seed planted now will give a velvety green lawn throughout the winter months. The Page Trust Company is encour aging this town beautification pro gram by offering free Italian Rye grass seed to anyone planting a lawn for the firts time. This offer was m.ade last year, and ai a result 20 lawns were planted. With so many varieties of native shrubbery available, there is no reas on why any citizen of the town should not be able to carry out a planting program. The results will more than repay the small expenditure of la bor. As an example of the improvement that can be made by the planting of shrubbery, we call attention to the railroad property in Aberdeen. This was planted last year by the Thurs day Afternoon Book Club assisted by the Chamber of Commerce. These or ganizations are making plans for fur ther work along this line. Let’s join hands in a “Town Beautiful” move ment and bring Aberdeen into the limelight along with other neighbor ing towns. The Kiwanis club held its weekly meeting at the new church in Pine- hurst Wednesday. The subject of an inter-club meet, including the clubs from the towns in the neighbor coun ties was discussed, and referred to the proper committee to see if arrange ments could be made for such a meet- TOBACCO FARMERS HOLD MEETING TO CONSffiER RELIEF Diversification, Livestock, and Less Tobacco are Advocated As Remedial Measures DISCUSS COOP. ASSOCIATION To discuss the low price of tobacco about 70 farmers assembled at the Courthouse Tuesday to hear plans mapped out by the Federal Farm Board for some relief from the pres ent situation. The first of the discussion was led by E. W. Gaither, district extension agent. State College Station, Raleigh, j the near future with report followed by Col. Chas. R. Rogan of I next meeting. Not much bus- the Federal Farm Relief. | iness had been planned for this ses- Mr. Gaither discussed at lengtVi | ^ion, as over the country a date had how the tobaccofarmer can better his ! been made for discussion of the con- condition, saying there are many and | J^titution by suitable persons, and it varied ways in which this can be done, I found that while provision had principally, first making all that the ' t^en made for such a scheme at the farm needs, the diversification of i Wednesday dinner, court at Carthage crops, more livestock, and the grow- I claimed the presence of those who ing of less tobacco, but tobacco of bet- ^ '''^re to take part, and a shift of the ter quality than a great deal that is i scjiedule had to be arranged. Bion H. being produced at this time. Fitting : Butler was called on as a temporary consumption to production and the | s^op gap, and he said that as he did closer study of information as put I ^^ot know as much about constitutions out by the Department as to the ! the greater men who were not able needs of the tobacco* companies was ; to come, he would occupy the time also stressed. i talking about something everybody The farmers were then asked what ^'^^ew fairly well, and that was the were the reasons for the failure of advancement of the Page Trust the Tri-State Tobacco Association Company since it engaged in business which is now in the hands of the re- Aberdeen several years ago. The ceivers. occasion for the present reference was The reasons for this were various, ^he advent of the local company into some of which are as follows: Buying Raleigh where this week it rescued too many warehouses; mistake of ; the Raleigh Banking and Trust Com- m.embership (putting sorry tobacco ' pany from a dangerous situation, and in the Association and selling the best became the successor of the institu- of the grades on the open market); tion, taking it over under the manage- too many high priced men; bad man- | «i«nt of the Page Trust Company, agement in selling, etc.; antagoniz-1 »nd opening the tenth branch of the ing of the tobacco companies; salaries . Page Trust Company Wednesday concealed; developed into holding morning in Raleigh. The growth of company; directors were employees of the company was touched on, its help-, the association. These various reas- fulness as a local institution, its ■C, FIVE CENTS Page Trust Ay Takes Charge of Big kaleigh Bank For U. S. Senator i Local Corporation Successfully Averts Financial Crash In Capital RECEIVES WARM WELCOME HON. GEORGE M. PRITCHARD Pritchard Speaks In Carthage, Sept. 25th Republican Candidate for United States Senate Will Dijscuss Issues of Vital Interest. SCHOOLS ARE PLANNING EDUCATIONAL EXHIBITS PINEHURST HOTELS LOOK FOR SUCCESSFUL SEASON The Carolina at Pinehurst will open for its 32d season on October 27, and will be followed December 18 by the Holly Inn for its 35th season, which is the sixth season of the new house. The Berkshire will open February 7 for its 33d season. On January 24 the Pine Needles will begin its fourth ason. The outlook for the hotels f^eems to be good, and the real estate men speak co*nfidently of the prospect for cottages in the villages. The gen eral opinion of those who are in closest touch with affairs is that the winter is to be a good one in the Sandhills. The Moore County Agricultural Fair committee has been very liberal in offering prizes for school exhibits, and according to County Superintend ent H. Lee Thomas, the teachers are showing much enthusiasm and a num ber of the schools are planning to make entries. Prizes are offered for the best ex hibits from the high school, grammar grade, primary, agriculture and home economics departments, and for es says on the following interesting sub jects* “Industries of Moore County,” “Resources of Moore County,” and “Moore County History.” The best ex hibit of Moore county industries will receive a prize, and the largest school prize of all is offered for the best map of Moore county. SOUTHERN PINES TAX RATE REMAINS UNCHANGED The Mayor and Commissioners met in special meeting last Thursday night, passing the town budget, and putting the tax rate at $2.15, the same as last year. No decision was made concerning the sidewalk on W. Broad street between New Hampshire and Connecticut avenues but if pos sible the sidewalk will be lowered to meet the grade of the curbing. The gracing of and oiling of all the streets and avenues noted in The Pilot as being under way is com pleted, and the town force is now en gaged in repairihg broken sidewalks and clearing parkways of the luxuriant summer growth. ons were discussed at some length. Mr. Gaither was then followed by Col. Rogan, who told the farmers what could and what could not be expected of the Federal Farm Board in the way helpfulness to the state as well as the local community, for the Page Trust Company has in the recent past ne gotiated some big financial matters for the state, and the speaker referr- of helping out the situation. If it is to the work of Bob Page, head of decided to form an organization the the new Raleigh branch, who was Farm Board can and will help out but present at the Kiwanis meeting, in a it can not deal with farmers indivi- way that wakened the approval of dually. It cannot sell to an advant- ! Mr. Page’s associates at the dinner, age when there is an over produc- He made a brief response, telling of tion, can not sell poor tobacco for ; his appreciation of the reception the good prices, and various other things : club showered on him, but the mod- too numerous to mention. Col. Rogan cst old warrior was jpretty- also stressed the fact that any asso ciation to function properly must have the loyal support of the whole mem bership. If an association is formed it is not the intention to fight or antago nize the tobacco buyers and the man ufacturers but to coperate with them in every way possible. much cverwhelmed by the congratulations of his friends and he didn’t hold the floor long. Mr. Butler also touched on the to bacco situation, saying that the prop osition to reorganize a tobacco coop erative association deserved the back- Please turn to page 10 A Daniel Come to Judgment The appointment of Frank Page to head the move ment for the betterment of the tobacco situation in Moore county and the State is of such remarkable wisdom that it compels the attention of everybody interested. Frank Page is a man of integrity, judgment and fear lessness. He is probably the one man who can lead the mod ern Israel out of the wilderness if it can be done. He has an established reputation for doing the right thing, and evepr- body knows better than to attempt to bluff or lead or influ ence him in any way that cannot be shown to be as near the right way as human mind can determine. These things are known about Frank Page. The only thing that can stand in the way of success of the movement might be his reluctance to serve. Once he was drafted when Gov. Bickett called him to the head of the High way Commission. He declined to accept the responsibility, but finally yielded to the demand of the people as a public duty. In fairness to his own affairs at the end of a consider able period he insisted that he must resign and take up his other work that would permit him to enjoy the benefits of his earning capacity. The State raised his salaty and argued him into staying until he saw that his work was sufficiently advanced that he no longer needed to give his time to ;t. It may not be fair to ask him again to undertake a put* c task for the common good, but his own employers, and every other industry, whether farm, factory, bank, or any thing else, should stand behind this movement to get Frank Page to undertake the job. He is the one man the people will rely on and will follow, big, little, or any other people, and he can bring this important movement to a successful issue if it can be brougM there, and because of that confidence in his absolute integrity and ability to do this work. It is of the highest importance that Frank Page accepts this appointment. George M. Pritchard, Republican candidate for the United States Sen ate, will speak in the court house in Carthage on Thursday, Sept. 25th, at 8:00 p. m. As Mr. Pritchard is al ready pretty well known in the coun ty, it is expected that a large number of his admirers will be present to hear him discuss the vital issues of the day, and a cordial invitation is ex tended to all citizens regardless of party -affiliations. Mr. Pritchard, a lawyer by profes sion, although comparatively young, has had wide experience as a public servant. In 1917 he was elected to the State Legislature, and as a leg islator, he took the broad stand that the welfare of the state was above partisan politics, and gave his sup port to all good measures, regardless of which party was sponsoring them. He is also known as a progressive man. He was an advocate of woman suffrage* and was one of the first to make a serious effort to obtain clean elections. His ability and faithful ser vice as a representative resulted in his later election as solicitor of the 19th Judicial District and a member of the National Congress, where he made a splendid record. Mr. Pritch ard is a firm believer in a protective tariff, and says that once the world wide depression lifts and the new tar iff acts shall have been in force a reasonable time that we shall enjoy such prosperity in America as has never been known. Important Real Estate Deal Is Transacted Hurd and Biddle, of Pinehurst, Acquire Valuable Property In Southern Pines . Shields Cameron in Southern Pines announces the close of a dicker that signifies much for that community. N. S. Hurd and L. L. Biddle of Pine hurst, have bought the William F. Collins property on Pennsylvania ave nue including the old Ruggles build ing, and facing 130 feet on the ave nue. Architects are already at work on plans for the building that will cover the entire tract with a struc ture that will be a feature in South ern Pines construction, and a fac tor in the future of busines. It is the intention to start work on the build ing as soon as satisfactory plans are prepared, and while the buyers are not talking much for publication it is said that the plans are for such pur poses as will put the new structure into use as soon as completed. Until the architects have submitted their sketches and the buyers have consid ered their work decision will be held as to further announcement. On Tuesday morning the Page Trust Company opened its tenth mem ber of the Page Trust Company banks, and in that act entered Raleigh as the head of the oldest bank in Wake county, formerly the Raleigh Banking and Trust Company. On Tuesday af ternoon and Wednesday morning the Raleigh papers were sensational in their narrative and editorial comment on the arrival of the new influence in state-wide banking in the capital, and the acquisition by the Aberdeen in terests of one of the foremost finan cial institutions of North Carolina and the striking expansion of the Aberdeen company. On Tuesday morning with Robert N. Page president of the Page Trust Company in Raleigh and Frank Page vice-president of the Wachovia Bank and Trust Company in Raleigh, two brothers from Aberdeen are with in two or three squares of each other on the main street of teh capital of the state, in two of the finest bank ing buildings of North Carolina, stand ing in the front of financial opera tions. It is a romantic growth, and one that brings this section prominently into the attention of the world, for all the country that has to do with money knows by this time the rapid rise of the Page Trust Compai\y. In cidentally a third member \of the Page Trust Company, Arthur Page is a high officer of the American Tele phone and Telegraph Company, prom inent in industrial and financial af fairs of the United States. Nathaniel asked can there any good thing come out of Nazareth? Philip saith unto him, Come and see. Rescues Endangered Bank The story is introduced by a tragic opening, followed by a rescue, and climaxed by an open door to the breadth of state financial opportunity. It had its beginning in the failure of a well-known Raleigh firm, which in volved several things, and presaged difficulties with the bank concerned. These things Robert N. Page has been observing. He perceived that some one must come to the rescue of the endangered bank or it would ru» the risk of grave disaster and he went to Raleigh to consult with others as to the course to pursue. After two days of the keenest discussion and planning the Corporation Commission selected the Page Trust Company as liquidating agent for the endangered Banking and Trust Company, and at 5:00 o’clock Tuesday morning was closed the transaction which made the Page Trust Company the success or of the disabled institution, and a late edition of the News and Observ er announced that the Page interests had taken the old bank and would open at the usual hour, but that it would open the Raleigh bank of the Page Trust Company. It was all done so quickly and so quietly that the whole thing came to Raleigh as the surprise of the season and of the financial world, and what was the most grat ifying feature the people, the news papers, the banks and everybody else, expressed immediately the warmest welcome and the heartiest enthusiasm over the good turn the new company had done for the city, the state and the people concerned. In their adver tisements Wednesday morning the other Raleigh banks ga^e up quarter pages to advertisements extending a welcome to the Page Trust Company to the city. The papers editorially held out the glad hand of welcome and as surance. Depositors came in with big sums and many new accounts were opened. The air of confidence was rife up and down the street in front of the big building, and the lobby was filled with people whose fright had vanished, whose confidnece was pro nounced and whose interest was con tagious. It was a new experience in Raleigh in banking troubles. The sky was cleared before a storm was able to break, and by the young giant from the Sandhills who had come to the (Please turn to page ten)
The Pilot (Southern Pines, N.C.)
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Sept. 19, 1930, edition 1
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