Newspapers / The Pilot (Southern Pines, … / July 12, 1935, edition 1 / Page 3
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Friday, July 12, 1935. THE PILOT, Southern Pines and Aberdeen, North Carolina Page nna Mr. RooseveWs Most Dangerous Enemy Is Franklin D. Roosevelt BY WALTER LIPPIVL\NN Recent events have made it plain that there is one mtin who can defeat the President. His name is not Her bert Hoover. His name is not Huey Long. His name is Franltlin D. Roose velt. The issue on which he may be beaten has also become clear. He may be defeated if he convinces the people that he is too restless to per mit them to resume an ordinary ex istence. Mr. Roosevelt has reached a point not unlike that which Woodrow Wil- son reached in the winter of 1919 when he failed to recognize that the longing for adventure and the appe tite for public excitement had given way to craving for peace and a re turn to normalcy. President Wilson fell from the heights of popularity because the American people were afraid that he meant to keep them distracted and embroiled. A similar fate may easily be in store for Pres ident Roosevelt unless he is wise enough to recognize that the mood of 1933 is exhausted. He will be dan gerously misled if he attribute to the people at large his own persistent in terest in continuous public activity. But for this one factor Mr. Roose velt’s position is a very strong one. A substantial business recovery brought on in part by ordinary read justments and in part by the stimu lus of certain of his measures, is un der way and should, by all known signs, develop momentum in the course of the next year. Along with it he has put upon the statute books a series of reforms which, if only the people were allowed leisure to ap preciate them would be spectacular ly impressive. Moreover, these re forms will not be seriously challeng ed in principle by the Republican op position unless there is an explosive reaction against adventure that seems to have no end. With the N. R. A. out of the way, no important Re publican leader is on record as fav oring the total repeal and complete abolition of any of the other major reforms. Mr. Roosevelt is, therefore, in the enviable position where he might go to the people in 1936 with the claim that he had brought about recovery and had achieved reform. But it would not be difficult for him to destroy his own position. All he has to do in order to destroy his own position is to make the people feel that he does not know how to stop because he has an incurable itch to keep moving. If that belief takes hold in the public mind, the people will not thank him for the re covery they enjoy: they will blame him for withholding the additional re. covery they might enjoy. Moreover, the reforms themselves will be jeo pardized. For if the time is not tak en to consolidate them—to revise them where they are legally vulner able to Interpret and administer them successfully, half the people will be angered by their detailed defeats and the other half disillusioned because their promises are unrealized. She Ark i^outhem ^tnrs, N. C Mn. Millicent A. Hayes, Principal A COUNTRY DAY SCHOOL FOR BOYS AND GIRLS Kindergarten through the 8th year MUSIC—ART—LANGUAGES Tutoring Arranged for Older Groups Limited Accommodations for Boarders Will be in his office over the Post Office, Sanford, N. C., every Wednesday, fnom 10:00 a. m. to 8:00 p. m. Don’t fail to see him ii your eyes are weak. J. N. POWELL, INC. Funeral Directing Embalming: Ambulance Service Day and Night Phone 6161 East Broad St., Southern Pines Service Since 1895 NcLean Furniture Co. COMPLETE HOME FURNISHERS CASH OR CREDIT SOUTHERN PINES CLARK’S FUNERAL HOME Ambulance Service Telephone 7401 Dr S. Neal and Stewart \-ETEXARI.\NS Swinnerton’s on Mondays Carolina Pharmacy, Pinehurst, Fridays E. V. PERKINSON General Contractor Storage flMrtSicni Pines, N. C. Trf. 6088 A. L,. ADAMS PAINTER — DBCOBATOB PAPER HAKGBB WALL PAPERS Phone 6922 It will not do to stop proposing new major reforms. It will be neces sary to say clearly and convincingly at the end of this session that the complete reform program is on the statute books and that the next bus- iiess is to revise, strengthen and make real these legislative blue prints. There is plenty to do If the Adminis tration is sincerely Interested In real izing these reforms. They have not yet been realized. They have merely been enacted. To administer the work relief, to set up the vast and intri cate social insurance scheme, to make the new financial and banking laws operate w'ell, to translate the agri- cultural program from an emergency basis to a permanent one for farmer co-operation with government assist ance, to regulate the utilities, to make some sort of sense out of the Wagner Labor Bill—these are tasks of extraordinary difficulty and of im. mense scope. They really require the undivided attention of the President, his Cabi net and the Congress, and if instead of giving them undivided attention, Washington is districted by impor tant new legislative proposals, the sincerity of the whole reform pro- gram will be open to question. It will look as if reforms were put forw'ard not for what they achieve but for what they promise and that new re forms are meant to divert attention from the practical difficulties of old reforms. At the end of this session the Pres ident ought to review what has been I accomplished since March, 1933, and ' he ought to declare that, as regards I permanent structural reforms, the I books are to be closed, not forever, I but for a period long enough to real- I ize what has been promised and to I take a good long look at it. With this I assurance, and Wit|i the knowledge ! that the reflatlonary policy will be ! continued under firm control, there I ought to be more business recovery I and very considerable reemployment. I The President could then say that, j having given these assurances, if bus iness men do what they now say I they can do If they are allowed to proceed, he will bring to the next Con- I gress a budget definitely and distinct, ly constructed on the principle that it is to be balanced by a decrease In the cost of relief and an increase, not of tax rates but of the revenues from returning prosperity. None of this will be possible if he decides that he prefers continual ex citement to a period of consolidated achievement. He will have thrown away carelessly an opportunity to ad vance his own fortunes and to serve the country. He will face defeat and the discrediting of his Ideals and the disruption of his party for no better reason than that at the critical turn- ing point in his career he could not or would not realize that a people must have rest after prolonged excitement. (Copyrieht, 1935, for The Pilot) Anti-Sales Tax Ticket in Governorship Fight Dr. McDonald Wants Liquor Tax in State Substituted For F*resent Revenue CARTHAGE M.\Y NOT GET C. C. C. SOIL EUOSIOX CARIP That Moore county has played a losing game in getting the proposed CCC soil erosion camp seems to be the opinion of a number of the lead ing business men of Carthage. Rumor has it that the camp is to be located in Richmond county. Last w’eek it ap. peared almost certain that a site of fered by C. F. Barnes near Carthage would be accepted as It had met the approval of officials who visited it, and it was thought that army offi cers from Atlanta would come at an early date to inspect the site and that' if their recommendations were favorable, the government would im mediately take steps to procure it. Moore county has one camp at Jackson Springs and another in pro cess of construction near Southern Pines, and Richmond county does not have one at present. Dressed young chickens at very reasonable prices for sale at the Curb Market in Southern Pines Saturday mornings. Pilot Advertising Fays. Dr. Ralph W. McDonald, Fonsyth county representative and co-author of the McDonald-Lumpkin anti-sales tax plan In the last General Assem bly, let it be known that the odds are at least 100 to 1 that he will be a candidate for Governor, probably announcing within a month, and that he will favor a referendum. State wide, on liquor control and tax. He gives out the .suggestion that he and W. L. Lumpkin, his co-author in the recent tax fight, w’ill be running mate, the latter for Lieutenant-Gov ernor, and that they will take the opposition to the sales tax into every village and hamlet seeking to remove it and substituting as a revenue pro ducer the tax on legalized liquor, in- ci’Pased income taxes on larger in comes and taxes upon intangible property not now taxed. Dr. McDonald reports extensive 1 promises of personal and financial aid j and when this reaches a certain point, I he will announce. He hopes to take his I place among the leaders, a position I now occupied by Lieut.-Governor. A. H. Graham and Clyde R. Hoey, and make of It the “big three.” John A. McRae, of Charlotte, has announced, and Col. T. L. Kirkpatrick, also of Charlotte .still maintains he Is In the running. Senator-Doctor J. T. Bur- rus. High Point, wants to get into the race on an anti-sales tax platform, but the self-assurance of McDonald that he w'lll enter may dampen the Burrus ambition. Lumpkin, it was known a few weeks ago, had definitely decided to enter the race for Lieutenant-Govern or. against Paul D. Grady, Johnston ' county, and W. P. Horton, Chatham, already announced, but that is appar-1 ently not quite so sure now. How he looks upon the McDonald-Lump kin teami ig is not known, George McNeill, Fayetteville, is almost cer-1 tain to become a candidate, while ; Senators Harris Newman, Wilmlng- | ton, and Carl Bailey, Plymouth, are ! propects. j REPORT OF THE CONDITION’ OF Citizens Bank and Trust Company At Southern Pines, N. C., To The Commissioner of Banks. At the Close of Business on the 29th day of June, 1935. ASSETS Loans and discounts $180,962,92 United States Government obligations, direct and | or fully guar anteed 53,846.09 Other bonds, stocks, and securities 36,830.17 Total Loans and Investments (Items 1 to 4 $271,639.18 Banking House $25,000.00, Furniture and fixtures ... $2,2^6.65 27,226.65 Real estate owned other than banking house 22,385.44 Ca.sh in vault, exchanges, cash items, and balances with other banks 189,063.80 Other assets 991.88 Total Assets $511,306.95 ^ . LIABILITIES - ' • ~ r - r f- Deposits of Individuals, partnership.*) or corporations payable on demand or within 30 daj's $282,426.14 Time deposits of Individuals, partnerships or corporations payable after 30 days or subject to more than 30 days' notice 129,425.91 Public funds of States, counties, school districts, municipalities or other political subdivisions 24,353.00 United States Government and postal savings deposits 10,047.98 j Deposits of other banks, cash letters of ciedit, certified, officers’ I and travelers’ checks outstanding 5,208.03 i Mortgage bond and participation certificates outstanding 5,300.00 j Capital account $25,000.00 : Surplus 12,500.00 Undivided profits—net 14,420.28 Reserves for contingencies 2,625.61 Retirement fund for preferred stock or capital notes and debentures 54,545.89 Total, icluding capital account $511,306.95 STATE OF NORTH CAROLINA, COUNTY OF MOORE. J /■ D. G. Stutz, President, Geo. C. Abraham, Director, and Frank Welch, Jr., Director of The Citizens Bank & Trust Co., each personally appeared before me this day, and, being duly sworn, each for himself, says that the foregoing report is true to the best of his knowledge and belief. D. G. STUTZ, Sworn to and subscribed before me this the President, 9th day of July, 1935. FRANK W'ELCH, JR., \ D. D. S. CAMERON, Director. Notary Public. GEO. C. ABRAHAM, My commission expires 4 24,36. Director. DUPONT WINS SWATFEST Emm F. L. Dupont of Pinehurst last | week won the Yadkin Club Swatfest i tournament. J. B. Thomas of Rae- ford was second, H. G. Phillips of Pinehurst third. This tournament was played over the No. 1 course of the Pinehurst Country Club. DIXIE SUGAR S LBS.NET f*tra Fin* [RY5ML5 FLOWING EVER SOLD CHEVROLET.. ALL DURING JULY MOST Z5>-2&- THE MOST FINELY BALANCED LOW-PRICED CAR EVER BUILT TEST ITS POWER AND ECONOMY, SPEED AND SAFETY, KNEE-ACTION COMI^ORT AND STABILITY. LEARN THAT BALANCED MOTORING IS BETTER MOTORING Your Chevrolet dealer cordi ally invites you to drive the new Master De Luxe Chevrolet without any obligation! He wants you to learn all about this car ... bow much more smoothly it rides . . . how much more perfectly it combines power with economy, speed with safety, gliding comfort with | road stability . . . and how much more j finely balanced it is in all ways! He also wants you to consider the greater beauty ^ and safety of its solid steel Turret-Top Body by Fisher! See him and drive the new Master De Luxe Chevrolet—today! CHEVROLET MOTOR COMPANY, DETROIT, MICHIGAN Compare Chevrolet's low delivered prices and easy G.M^.C. terms. A General Motors Value SD.e CHEVROLET DEALER ADVERTISEMEKT DEPEND. f I N I IY BALANCED LOW- PRICED C»R EVER BUILT IVIicl-Soutln IVIotors, Inc., .A.l>er<leen
The Pilot (Southern Pines, N.C.)
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July 12, 1935, edition 1
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