Newspapers / The Pilot (Southern Pines, … / April 22, 1938, edition 1 / Page 2
Part of The Pilot (Southern Pines, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
THE PILOT, Southern Pines and Aberdeen, North Carolina Friday, April 22, 1938, THE PILOT Published each Friday by THE PILO-r, Incorporated, Southern Pines, N, C. ei^AINS €P SAND NEUSON C. IIYOE Editor JEAN r. EDSON UuKinesa Manaxer UAN S. RAY Circulation HEN BOWDEN Nrws Editor CHARLES MACAULEY Advertiains Helen K. Kutlrr. Rrasie Cameron Smith, H. L. Epps, Aasociatea Subscription Rates: One Year $2.00 81x Months $1.00 Three Months .50 Entered at the Postoffice at South ern Pines, N. C., as second class mail matter. At the entrance to a place of bus- I iness in the county we saw recent ly a sign of which we approve most heartily. “No Loaferin Aloud,” it proclaim ed in bold blaclt letters. We agree that “loaferin" should be on the quiet. Highway deaths in North Caro lina for the first quarter of 1938 were 55 less than during the first SAFETY FOLLOWS “CLEAN-UP WEEK” Now for Spring Clean-Up Week, which is an annual ob servance in thousands of Amer ican communities and should be in all of them. The week was started primarily as a beautify ing movement—old shacks are torn down, vacant lots are clean ed of debris, homes are painted, grass-grown fields are cut and the harvest burned. It’s amaz ing how little is needed in many cases to change a squalid street to one that is pleasant and charming to the eye. Furthermore, something oth er than a better looking town results from a clean-up week that is loyally and enthusiasti cally supported by all citizens. For a sound, thorough clean up process is one of the best possible ways of getting rid of fire hazards. A town which rids itself of old, unused buildings, and which does away with lit ter and grass-ridden lots, be comes a far safer place in which to live and work. Clean-up week should not stop at exteriors. As the Nation al Board of Fire Underwriters points out, everyone should go through his home inside as well as out in search of fire dangers. A congested attic or basement, filled with ancient magazines and broken furniture and clothes that will never be used again, is the perfect starting place for a blaze. Frayed or amateurishly repaired light cords, improperly stored inflam mable liquids, dirty or worn heating units — from such things as these come fires that destroy hundreds of millions of dollars worth of property and thousands of lives. Every town should make this year’s clean-up week the most thorough in its history. It’s an easy job, if everyone does his bit to help. And it will pay big dividends, in beauty, safety and cash. CONSULT YOUR INSURANCE AGENT Of all the things any man purchases in his lifetime, life insurance should be bought with the greatest care. It is a tragic fact that a very large percentage of insurance buyers, knowing nothing of underwrit ing or the tremendous scope of policies available, simply pick out a type of policy that “seems all right” and let it go at that. These men don’t realize that the face value of their insur ance, or their annual premium, isn’t the ^nly arbiter of ade quate coverage. You may pay five hundred dollars a year for insurance—yet be badly insur ed. And you may pay only two hundred a year—and be well insured. , It is here that the trained, conscientious insurance under writer can and does perform an immensely valuable public ser vice. Given a chance, he will in vestigate your case, analyze your obligations, personal needs and problems, and draw up a policy to fit. The knowledge and abilities of insurance agents have risen greatly in late years and a confidential talk with a good local agent can save you money—and infinitely more im portant, give you the proper kind of insurance for your case. WHITNEY CASE A RARE EXCEPTION Whentver a brokerage firm connected with the New York Stock Exchange is susperjcled for insolvency, due to admitted ly criminal activities, as in the ■\^itney case, an immense amount of publicity naturally follows. But such occurrences are rare. As a matter of fact, the rec ord joi solvency of memb«r8 of this Exchange is nothing short of astonishing, as a recently published summary comparing failures among Stock Ex change members, all U. S. banks, national banks, and com mercial houses testifies. The figures on which the summary is based are taken from the records of the Exchange, Dun and Bradstreet, the Federal Re serve Board and the Controller of the Currency. In no year since 1901, have failures of the Exchange totaled 1 per cent of the membership, even though the amount of money handled by ttiese brok ers is incalculably great. By contrast, in 13 years since 1901 failures of U. S. banks have ex ceeded 1 per cent; in 9 years failures of national banks have exceeded 1 per cent; and in 16 years, failures of commercial houses have exceeded 1 per cent. The worst year for bank fail ures since the turn of the cen tury was 1933, when 14.90 per cent of all U. S. banks and 15.65 per cent of all national banks closed because of insolvency. In that year Stock Exchange mem ber failures totaled the micro scopic percentage of .07! And in the years 1935, 1936 and 1937, the percentage was precisely zero—there was not a single suspension for insolvency. What line of business can match this record? The reason for such a record is the Ex change’s almost incredibly strin gent rules, regulations and eth ical standards which have been in force for many years. Con stant “policing” of member firms by Exchange accountants and other experts, is carried on to unearth and instantly punish any and all irregularities. Con sequently there are few irregu larities. U. S. STEEL’S I CONTRIBUTION TO U. S. I The tremendous inroads I which Government is making j on business through the taxing power was outlined recently to the stockholders of the United States Steel Company by My ron C. Taylor, retiring Chair man of the Board of Directors. In the past ten years, he told the stockholders, the corpora tion has paid out $8,000,000 more in taxes to the Govern ment than it had returned from earnings to investors who had risked their savings in the gi gantic enterprise “and thereby created nearly $3,000,000,000 in wages.” In giving an account of his ten-year stewardship in execu tive control of the corporation Mr. Taylor said that United States Steel did a business of $6,950,000,000 in the period, spent $2,496,000,000 sup plies ; paid $467,000,000 in taxes, expended $2,928,000,- 000 in wages, $82,000,000 in in terest payments, $472,000,000 in dividends and $518,000,000 for depreciation and depletion, leav ing a net deficit of $13,000,000. The total of dividends, he ex plained, included money earned previously and left in the bus iness as working capital, “The taxes paid during this period were $467,000,000,” he repeated. “That is, the units of Government, which had put no savings in the property and had taken no risk, received $8,000,- 000 more than the owners (from earnings), who had ven tured their savings and thereby created nearly $3,000,000,000 in wages. “In the year 1928 and 1929 the earnings were high in com parison with taxes. During the years 1930-1936 inclusive, taxes in each year exceeded earnings. In 1937 with earnings of $94,- 944,358 the taxes were $88,- 048,237. During the ten years, 1928-1937, the taxes paid were equivalent to about one year and seven months’ wages and salaries. “In 1928 taxes equaled 1.5 months’ wages and salaries. In 1937 taxes equiried 2.4 months’ wagoe and scdaries.” three months of 1937. Even so,, 179 deaths to April 1st are too many. Speaking of the Postoffice move here this weelt, Helen Butler writes: Slipping baclt over 80 years anoth er postoffice was proudly doing bus iness in a pretentious two-story log house, a little over two miles east of the recently completed building. The earlier posto iffcnhe eot This earlier postoffice on the Mor- ganton road was Itnown as Solemn Grove, and was the home of Ar chibald Buchan, grandfather of Frank Buchan, Simplicity meant simplicity in those days. A commis sion from the government and a brief bit of bookkeeping was about the extent of the postal business then. When some of the first mes sages were despatched from Solemn Grove stamps and envelopes were not in general use. A wafer sealed the written pages of letters or doc uments. Later came the cancelled stamp and the envelope, secured with sealing-wax. A horae bore the com munication into the outside world. Railroads were still in the far away future. Archibald Buchan lived in a won derful world then as does his grand son today. Each knew and appreciat ed the benefits of accomplishment and progress. Herr Honored by State School Boards Group Many From Moore County At tend Annual Session Tuesday at Chapel Hill Moore county was well represent ed at the annual session of North i Carolina’s city and county school j boards at Chapel Hill on Tuesday and one representative. Dr. George G. i Herr of Southern Pines, was elected to the Executive committee of the State association. H. E. Stacey of Lumberton was elected president, | Among those from Moore county attending the seasion were Dr. Herr, Dr. E. Levis Prizer and Superintend ent Frank Webster of Southern Pines, County Superintendent H, Lee Thomas of Carthage, John Gra ham of Aberdeen and I. C. Sledge, John F, Taylor and Mrs. Campbell of Pinehurst, There were 400 in at tendance from all part of the state. EVELYN EDSON Notary Public Telephone Office N. H. Ave. Dr S. Neal, Beard and Wright VETERINARIANS Southern Pines Sanford On the subject of reading tastes in North Carolina the Rev. Mr. Starnes of Aberdeen wants to know what we can glean from the follow ing circulation figures of magazines in the state: Atlantic Monthly, 10,668. True Story, 371,677. Harper's, 5,040. True Confessions, 157,728. GARDEN party TUESDAY AT AIXISON RESIDENCE REMINGTON EATON’S SOCIAL. CONGRESS PLAYING TYPEWRITERS STATIONERY CARDS Buy The Best R.C.A. R A D I 0 S • H AYES? SANDHIL.L.S BOOK SHOF* Southern Pines North Carolina PARKER P E N S BANCROFT’S B. & P. ART STEEL TENNIS RACKETS BLANK BOOKS FILING CABINETS There was an unwelcome visitor at the Easter night services in the Pinehurst Community Church last Sunday, and it had the women hold ing their heads. A bat flew around throughout the musical program, causing considerable consternation. The Willing Workers will hold a garden party Tuesday, April 26, at 3:00 p, m. at the home of Mrs. W. H. Allison, South Ashe street. A silver offering will be taken. Every one is cordially invited. The Willing Workers are planning to have a rummage sale Saturday, April 30. EJveryone who has anything they are willing to give to the sale is asked to call Mrs. R. L. Chandler whose telephone number is 5914 and she will arrange to have_ the things called for. WOMEN’S SOCIETY ELECTS OFFICERS ON WEDNESDAY The annual meeting of the wo men’s Society of the Church of Wide Fellowship will take place in the church parlor on Wednesday, April 27th at 3:30 p. m Officers will be elected for the coming year. HIGHLAND PINES INN AND COTTAGES (WEYMOUTH HEIGHTS) SOUTHERN PINES SEASON DECEMBER TO MAY Highland Pines Inn with its Splendid Dining Room Servlet and its Cheerful Homelike Atmosphere Caters to the Require ments of those Occupying Winter Homes in the Pine Tre« Sec tion. The Hotel is Situated on Weymouth Heights (Massachu setts Avenue) Amid Delightful Surroundings. Good Parking Space Is Available for Motorists. All Features of First Class Hotels are Included at Highland Pines Inn. Best of Everything. M. H. TURNER, Manager When W. J. Allen, Vass farmer, visited Mrs Turkey Gobbler’s nest in the edge of the branch a few days ago to see how she was get ting along, he found that two of the eggs upon which she was sup posed to be sitting were missing. Seeing a chicken snake peacefully reposing nearby EUid being in a frame of mind to commit murder. Mr, Allen killed the snake. Deciding that its figure was a bit too bulgy in places, he performed a post mor tem examination and, just as he ex pected, found the missing turkey eggs- May Day will be Iris Day in Win ston-Salem, writes Thurmand Chat ham of the Chamber of Commerce, with the Municipal Iris Gardens at their height of bloom. PLAN NOW TO VISIT ELECTRfCAC DEALERS' SXMES NEXT WEEK The venereal disease clinic in Southern Pines and the county-wide maternity welfare clinic were the recipients last week of checks, the net proceeds of the recent hunter trials held at The Paddock in Sou thern Pines. The swimming season has started hereabouts. And the trek to the beaches. .... See The Get your dog vaccinated. An ounce of antitoxin is worth a pound of ra bies. PINEHURST HI-Y Cl.UB TO PRESENT COMEDY TUESDAY On AprU 26 at the Pinehurst School Auditorium, the Pinehurst Hi-Y club will present Julian Morti mer’s three act comedy, "Eyes of Love.” The cast is composed of select members of the Boys Hi-Y Club and five girls who are honor students in the junior and senior classes. Fred Fields, acting the part of Clark is the mysterious, love-making detec tive who loses his pistol but finally wins the hand of the charmir.g maid, Lora, who is Madeline Martin. Al. bert Woods is the fierce, dark vil- lain who is aided by his wiley sister Vivian Currie under the names of Burt and Reeta. Royal (Jimmie Wicker) is the dashing young hero who seeks the hand of Gailya (Hel en Graham) the lovely adopted dau- ghter of rich Judge and Mrs. Barry (Donald Currie and Eloise Wicker). Katherine Sledge has the part of the “dear old, sweet old" negro mammy. The plot thickens when the escaped convict, Jim Rankin (Arthur Dupree) forces hia way into the house where Gailya is all alone. “Eyes of Love” is the only three- act play given by Pinehurst talent this year. It is packed with thrilling fun and heart throbs. A record crowd is expected Tuesday night at 8:00 o’clock. JS¥E ^'opening of the new 1938 AUTOMATIC ELECTRIC RANGES at Electrical Dealers April 25th to April 30th Electricity Is CHEAP Why W«it? CAROLINA Power & Liirbt Cou4>aay ^ surprise when you visit the SPRING SHOWING of the new 1938 AUTOMATIC ELECTRIC RANGES at iClectrical D^ealers and our salesrooms prepare yourself for the discovery of a new afld better- way of^Gooking with new convenience, new econoray new speed, new dependability, new cleanliness and comfort. prepare yourself for the thriU of seeing the finest, most beaHtifuJ cooking equipment ever offered the home makers of the Carolinas! FAST. JiMt tih« switch... 4 new Bleotdc llaafe gives you tookinf keat iutastlyl GLEA]K. 8 pota, peas, T««r Electric Kanf« 8&iMt iUcken I, waSk «r ceiliofsl LOV COST. D*wb oomefl ttitt oost <ff oookiaf wheui you own a Dew Electric Rangel i
The Pilot (Southern Pines, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 22, 1938, edition 1
2
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75