Newspapers / The Pilot (Southern Pines, … / March 3, 1939, edition 1 / Page 2
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V Page Two THE PILOT, Southern Pines and Aberdeen, North Cr.rolina THE PILOT Published each Friday by THE PILOT, Inc'orporatcd, Southern Pines, N. C. NEIJSOX V. HVDK Editor CHARI.ES MArAULEY DAN S. KAY Advrrtisini; Cirrulatiun Helen K. liutler. Iles.sir Camertm Smith, H. L. Fppn. AHsociates SiihNcriptlon liiites; One Year $2.00 Six Months $1.00 Three Months .50 Member Wooilyurcl Assuciatt'S Entered at the Postoffice at South ern Pines, N. C., as second class mall matter. Friday, March 3, 193? THE POCKETBOOK 0/KNOWLEDGE B/ TpPPS MOORE COUNTY’S EMHAHRASSMENT “Is there any way we can change our Representative in the State Legislature in the mid dle of the session ?” This question was put to The Pilot this week by a prominent citizen of Moore county. He had just read this editorial in the Sunday Charlotte Observer: “Asinine and Cruel.” Thia is the term applied by the Greensboro Rec ord to a remark made in the House of Representatives a few days ago by Member Clegg of Moore county. The remark, made incident to a discussion of teachers’ salarie?, was this: “Teaching is the easiest thing a man can do. A real honest to God man ought to be ashamed to sign a tcach- er pay roll." Neithen Representative Clegg nor any other man who has this opinion of teaching and of teachers seems to us to have any particular right to be sitting in the seats of' the law makers. And if this Representative's views about other matters are as stupid as those in regard to this issue, he ought to be spending considerable ot his time apologizing to his con stituents for ever having asked them to send him down to Raleigh to help make the laws of the state. Moore county v.-as embarrass ed earlier in the iM’esent session of the General Assembly by its representative’s announced i)osi- tion against State advertising. !Mr. Clegg made a complete about face on this measure when he heard from the folks at home. This statement of his belittling teaching strikes at the very foundation of the most impor tant thing in life. Education. He could not have said it if he did not mean it. If he means it. he is unfit to represent an y intelli gent citizenship in a legislative body. Be.st News of the Week: “Leg islature Expected to Adjourn in Three Weeks.’’ THE CHAV.O.:OCiJ3 NATIVES, BOLIVIA, PRtPARE TWO -'SUBNT KINDS OP FOODS- ? K/ti/O ONLY PO/i 'rue msN- JUST csa THB women 0*“^ To iHTftReST ON TH6 PUBLJC .ST 6QUAL 0 one our S C^UA/?S O- !f£V£NU£S. Of aeATS Of OlAMONP^ Ahil? Several TH0U5ANP P0LIAR$ worth of PlATlNUM ' "t are S0U6WT EACH yfAS BY the ^v\CRlCAN *»TeeL iNPuiTRy ~MDT FOK JB¥JELHy-BUT Fox PMiAIC DRIILIH6 MO resTMO- CONtRftHY to PoPULftR BEHEF THe«E A VRoVOHtVON OF W0P.HtRS OVCH 4-0 w 'To- DM TMftN BtFOlvt -f^E OEPRESSiori g6HJ- fRAHWH WAh THE’ FlR^T PERSON tr> \ Ui-e A UiUXmUG KOI> .... He MiTAUeP OfJE CW Mi HOdSB IN !7Si- like to know what is. We would cer- by the state public service commis- lainly not want the government to sion. What would our friend have a set up a competing newspaper in our company do—simply lie down and let territoi-y on the same basis, or try the politicians destroy it as they see to buy out our paper at a price fLxed fit? He doesn’t mention the array of by the operators of the government legal talent, special appropriations, paper. government money, government prop- The next criticism of our editorial aganda and government pressure that horse.” By the same token, why should the public believe all the flowery statements that are made by the politicians about TVA, who haven't a dime invested in these great goveinment owned properties which bleed the taxpayers white for the funds that build them? How about looking in the mouths of these poli- I ticians? You might find that they : are not as white and holy as they ' paint themselves to the people. You might find that behind their drive for government owned power plants is a sinister movement to put gov ernment into business and gradually force private entei'prise to the wall, as has been done in countries al- : reac^j’ socialized and communized, I such as Rutsia, Germany, Italy and others. We hold no brief for any company other than to do our part to see that honestly operated industry in this I country gets a square deal, and to I oppose inflammatory and socialistic I trends that tend to undermine and I destroy public confidence; in the ' American system of private enter- pri.se that has given our people more ‘ advantage than are enjoyed by any ’ other people on earth. We believe that private operation of business un- (ier public regulation, is superior to any form of government ownership, and we believe that any faults or shortcomings that develop in any branch of industry, can be corrected I by due process of law without de. ' stroying that industry. We lepeat that the policy of the TV.\ as practiced until its recent settlement with the Tennessee Elec tric Company, was ruthless and ruin ous, and as a polay of govenment would destroy any private enterjirLse r.gainst which it was directed, if con tinued without correction. BITTER CREEK ‘ By James Boyd will be published during this month. Chaa. Scribners Sons who have published all of Mr. Boyd’s books write us that Bitter Creek is the best of all his books to date. Here is a list that is peer of any works of fiction that are historical or have an historical background. Drums Marching On Long- Hunt Roll River and now BITTER CREEK You can secure a first trade edition, by giving us your order at once. So great is James Boyd’s prestige that this book will almost certainly go into a second edition by the day of publication. I. HAYES’ SANDHILL BOOK SHOP Southern Pines, N. C. I 1 I htl w L, was to the effect that the stock holders of the Commonwealth and Southern and the Electiic Bond and Share Company had been "rucked." To prove thi5, a case was cited of a was brought to bear against the pri vate company to force it to sell to j TV'A. He doe. n't bring up any of these things that a private citizen fiiced in his battle to preserve his A FA^R OF Af, IN ^ ^ PUBLIC I TILITIES An esteemed correi^pondent last week criticized an opinion in our editorial columns, that the Tennessee Valley Authority had carried on a ruthle^<s policy in forcihg private utilities to sell at ruinous, unarbitrated prices.! He pointed out that the Tennessee Valley Authority had now paid what seems to be a fair price for the Tennessee Electric Company, subsid iary to the iCommonwea.'Kh |ind Southern. Thi.s settlement with the Tenne«;ee Electric was arrived at af ter our original corament v.-as print ed. However, we still believe that the j)ast policy of the Tennessee Valley Authority has been autocratic, ruth less and ruinous to private enterprise, and that only the fearless exposure of this policy brought public atten tion to it £0 forcefully that TVA finally found it necessary to deal with electric companies which it de sired to take over, in a fair man- r.er. 4 f : If refusing to arbitrate as to the : value of a property, and if refusing to bring condemnation proceedings wherein a value could be arrived at • by due legal process, insted of leav.' ing the price offered for private prop erty to the mercy and whims of the directors of the TVA, is not ruthless ■ and ruinous, we don’t know W'hat is. If tax-exemption for TVA prop erty, if the franking privilege for its mail and bills and printed matter, if promotional publicity for it printed in government printing plants, if ex emption from gasoline taxes and li cense fees, if giving it special freight reductions allowed oi. government huuling, is not ruthless and ruinous when used as a government policy to compete with nrivnte enterpriHe whose territory a government bu reau like TVA wants to occupy, is not ruthless and ruinous, we would nice old lady who bought Common, property from the encroachment of wealth and Southern stock at ,S13 a ' this gigantic governmenl-sponsored, shai'e, which in 1932 had liropped to . socialistic venture which was sud. .<1.25 a share and was worth today sidized in every known manner with a little less than $2 a share. Also, public funtls. that Ihe cri.tic bought Electric Bond j-je next criticizes the Carolina ■ind Share in 1930 at S118, which by power and Light Company for the 1932 had dropped to S3.;)0, and is seemed able to make suf- around S12 today. | ficient return starting wiji the "hal- These are inflammatory statements | cyon days of ’29’’ to continue in op- which are very misleading. It would eiy,tion since that date. He points be well for anyone who is interested out that it was able to do tiiis in o compaie the prices of the utility spite of leduction in rates forced by ?tocks mentioned, with any one of I'y .v competition, and then says that dozens of America’s leading indu.'- ^ considerable amount of the pres- trial concerns during the periods in eainings of that company con- question. Take U. S. Steel, for ex- gjst in money saved which it used ample. At the time Commonwealth pgy to the Electric Bond and Share and Southern and Electric Bond and Company ‘‘for legal advice, auditors. Share were selling at the prices men- engineering, office expanse, travel- lioned, it sold for $261 a share. At i^ig expense, propaganda expense, the low period of the utility stocks stationery, telephone colls, golf mat- mentioned, it had dropped to $20 a ches, rum, romance and lobby prac. share, or 92 per cent. It has recover- ‘ tices,” ed to about $60. Anaconda Copper This last statement is the usual dropped from 174 3-8 to 3 and has labble rousing comment which is the lecovered to about 30. Baltimore and stock in trade of promoters of the Ohio Railroad dropped from 145 to program to socialize the power in- 3 3-4 and has recovered to 6 5-8. This dustry. No mention is made of the list could be continued indefinitely. that the power and light rates Whether our correspondent figures of ^he United States have gone stead- that these companies all “rucked” yy jown for a generation, as the in- their stockholders, as he figures dustry has been able to increase the Commonwealth and Southern did the , of current and thereby cut the old lady, we do not know. We are I cost of production. This was done confident, however, that if it had long befoie TVA was ever heard of. not been for the government’s social, as to savings from fees paid to the istic power policy and its ruinous and Electric Bond and Snare Company, ruthless metho<ls of competition with we have no inside inform.ation as our the private power companies in the correspondent seems to have, but tf'iritories where it was building its again we say if it charged exorbi- plants, which frightened investments tant fees, our State public service into hiding, the value of the old commissions and other regulatory lady’s stock in Commonwealth and bodies should be accused by our cor- Southern. and also the value of the iospondent of being either crooked, Electric Bond and Share stock would ignorant or insane. As to the prop- have been much higher today and aganda expense, rum, romance and would have shown, probably, a great- , lobbying practices referred to, we er percentage increase than the in- have no information, but our corres- ciease shown by the few industries | pondent very carefully refrains fom listed above. mentioning any of the enormous As to the $3,000,000,000 “empire’’ propaganda and publicity expense STI NT NKiHT M.XKC'II !) .AT \.\S!S-L,\KEV1KU SCH(K)L Thur.-iday, March 9, will be stunt night at Vass-Lakeview School and those who attend are promised an evening of delightful entertainment. The program will begin at 8:00 o'clock and the price of admission is 15 cents for children and 25 for ad\ilts. Bibles, Prayer Books and hymnals, and many of the recently published fnd many of the recently pu'cli.shed books suitable for Lenten reading at Hayes.’ Hav^e comfort with AUT€M/4TIC HEAT CCNTC€L ESTIMATES (iL.XDLY GIVEN FRIGIDAIRE OIL BURNERS IRON FIREMEN (.Xutoniatic- Coal Burners) ESSO-HKAT I' lIEL OIL L. V. O’CALLAGHAN FKKilDAIlJE SALES AND SERVICE Telephone 5341 Southern Pines « •• :: which our correspondent says actual ly had only $4,000,000 put into it, We have not vhe figures from which to comment. It looks to us, however, if our correspondent is right, he bet ter accuse every public service com mission, every corporation depart ment and every branch of the gov ernment that has to do with legisla. tion and regulation affecting the is suance of stocks and bonds and se- DORN’S “F"INEST IN FLOODS” Where Economy and Quality Join OUR MARKET MAINTAINS ITS QUALITY AND PROVIDES FOR YOUR TABLE THE BEST IN DOMESTIC AND IMPORTED FOODS and VEGETABLES. In keeping with our aim to provide our customers with the best in food commodities we have added to our stock the farnnus S. s. Pierce Line of Popular Foods Just received, a fresh shipment of imported fruits including Ribier Grapes, Papaya Mel ons, Rod Bananas, Peaches, Endives, Fenal, Bitter Oranges, White Seedless Grapes, Plums, Bartlett Pears, Nectarines. We are also featuring King Arthur Flour, Pin Money Pickles, Tea Garden Jams, Jellies, Honey, and Preserves. Leave your orders for Thomas English Muffins, Raisin Bread, Protein Bread, Gluten Bread, Crumpets, etc. a II 1 it t: footed by the federal government, all the way from government printing to government publicity experts and subsidized ballyhoo that was indulg. ed in by TVA with taxpayers’ mon ey. Our correspondent also criticizes the statement made by utility executives that if there was an end to political persecution of the prL vate power industry, it would spend SPECIALS curities, of either being deliberately billions of dollars for expansion in crooked, incompetent or insane. the next few years. The record of the Our correspondent next criticizes money spent in the past, about a H the company owning the Knoxville billion dollars a utility because it spent large sums of money, in hLs opinion, for law yers, advertising, etc., to fight the TVA in its program to take over the Knoxville propertie" from the stock holders who owned them, at the TVA’s o" *1 figure, which, accord ing to press reports, was a great deal less than the value set on the nr -c. r s for r^’te making purposes year up to the depretsion. and the government’s j that the private industry would spend billions of dollars in the next; few years at the rate of its normal j annual expenditure previous to this ' socialized power era. i Our critic then asks, why assume ! that the statements of the utilities . are the truth ^ "Look in the horse’s mouth ♦ He may not even toe a. CHMSV ORANOe «|w 1 |C| '’n wiX HASMCRRr Dl LICIOUS. flavors/ All Flavors 6 for 29c Wcoi*f 2 Packages Wheaties and I package of Kix -26c OORN’S Eoft Broad St Pinehurst and Southern Pines De1iv*.-ry Phone 7474 J
The Pilot (Southern Pines, N.C.)
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March 3, 1939, edition 1
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