Taking the Profit
Out of War __
By BERNARD M. BARUCH
Reprinted from The Atlantic Mint hi*.
[TM February issue of the Atlantic for 19tS carried a paper by 4 IT. Bitley
Huddle it on dealing with the general tut feet of "taking the profit out of war,"
triMck Mr. Huddles ton called "An American Plan for Brace ." The flrstquotet l
phrase tcat put into the language by the War Industries Hoard toward the
close of the World War through it* effortt to eliminate all war profits. Mr
Ruddletton's article came to the attention of Mr. Bernard V liarurh. chair
man of the War Induitriet Board and adminiitrator of llie non profit plan,
and fat he writes ut). tince it teemed to indicate a proving interest in the
idea induced htm to invoke practical means to bring ahuut a full compre
hensiom of taking the profit out of war im the various great countries of the
world To thit end he responded to a suggestion of Mr. Oven 1) Young, of
the rage School of International *etmtiont at Johns Hopkins University, that
he establish a courte of lectures there to expound the War Industries Board
plan In detail. Ijatrr he will proceed to make similar nrrannrments at leading
univertitiet n Great Britain. France, Germany, Italy. and Japan. Agreeing
with Mr Baruch that the tubfect calls for public knowledge and discuttion,
it spat natural for the Atlantic to turn to Mm for the following paper— an*
EDITOR* or THE ATLANTIC MOWTHLT.J
War vu once described aa Prus
■ta'l moet profitable Industry.
It peeds only a acant examination at
history to leant that other countries
were open to the same Indictment.
The methods at the Robber Barona
AM not paaa with the end of feudal
ism. Annexation by conquest did not
oease. Bat when America entered the
WsrM War President Wilson fathered
a doctrine that ahall always govern
u—that never a foot of territory
wwUd be added te our boundaries by
fares.
So, aa America has taken the lead
toward making Impossible national
profit through war, it too may be
4—lira's privilege to point the way
ta>ward making Impossible Individual
profit through war. To take the profit
•■t of war Is to take a long step to
ward creating aa economic detesta
tion of war. The experience of the
United States In the World War af
fords a basis for the belief that the
plan heroin discussed is practical. In
fact. It is more than a belief —it is a
certainty, although not widely known.
The world is such a busy place, and
the radius of human activity has bees
as greatly enlarged because of modern
Inventions that it is not strange that
there are but fww people who are con
■ eissat with what was quietly bat
affectively taking plaoe In this coun
try In the mofclllyation and use of Its
■atsrlal resources In the World War
—a process that would have eventual
ly eliminated all Improper profits
' Strength' is given to the public ad
veesey of Industrial mobllfation made
fey both President Harding and Presi
dent Ooolldge—Mr. foolldge as re
ceatly as last October In his Omaha
•peach to the American I/eglon—by
the fact that the plan they advocated
as a part of the regular national war
WMES
WANTED: OLD-TIME FURNITURE
sofas, beds, desks, tables, chairs, cup
boards, chests, sideboards with long
legs; andirons, fenders. Send rough
outline with decription. Highest cash
prices; will call anywhere. Agents
wanted. Steinmetz, 1411 N. 22nd St.
Richmond, Va. f23 8t
FINELY GROUND FLAME DRIED
oyster shell lime. Peanut specialty.
Fine for all crops. Minimum car, 20
tons 200 lb. burlap bags. Terms cash.
Give freight station. Address "X,'
Rick* Hotel, Rocky Mt., N. C. m& lOt
FOR SALE: COTTONSEED MEAL;
$37 per ton; $1.90 per bag. Sfee
John Peel at the Dixie Warehouse.
J. G. Staton. ml 6 3t
Lost Dog
Eskimo Dog lost
Monday, March 22
finder please return
to W. H. Gurkin.
Williamson, N. C.
• V .
Happy *9 F ee d - Happy jgfli Feed - Happy Feed
We have an unlimited supply of garden seed in bulk that we are selling cheap—cottonseed hulls and meal—Burt oats
and seed Irish Potatoes—ALL TO BE SOLD CHEAP. . ' V
i JOHN A. MANNING and COMPANY
agencies had once been net up and
succesrfully operated under the War
Industrie* Board.
Preceding the President's receat
clear exposition of this subject, some
decree of pubHc Interest had been en
rendered by an exchange of letters be
tween Owen D. Young (of Dawea plan
ft me), lit b»BAK ftt VM wmar HIBW
Page School of International Rela
tions, and the writer. The corre
spondence resulted in the establish
ment of lectures at the Page School
(of Johns Hopkins University) on this
theme. Previously the Atlantic Month-
It printed an article by Sistey Huddle
■ton, who pointed out that Europe saw
rreat strides toward peace in the
American idea of "taking the profit
oat of war" In a aystematic way. His
basic reference was to the plan of the
Wat Industries Board.
resources of a country might
fee referred to as the fire M's: (1)
man power; money; (3) main
tenance or food: (4) material re
sources (Including raw materials,
manufacturing facilities, transporta
tion, fuel and power); and (5) morale.
The Intelligence with which tbe ft rat
four are directed and co-ordinated as
a whole will determine" the fifth, tho
morale of the community.
In the war emergency it early bo- |
came evident to those who were
charged with the responsibility of
mobilizing the resources that tharo
was a Just sentiment among the peo
ple against profiteering. Profiteering |
might be willful and profit maklaf
might be Involuntary; but, whatever
Its form, there was a Just determina
tion it should cease So it becamo
necessary to ft* prices where the sup
ply was limited.
(To He continued)
FOR SALE: SPECIAL SELECTED
yellow dew seed corn, Bi(fK s prolific
seed corn, mammoth yellow soy beans,
Barred and Huff Kock hatching egKH,
and one 360-chick Standard Reliable
brooder. J. F. Weaver, adjoining fair
grounds. . ml 6 4tp
NOTICE OF CANDIDACY
1 hereby announce my candidacy
for the office of clerk of the superior
court of Murtin County, subject to
the action of the Democratic primary,
and solicit the support of ihe voters
of said primary.
This March Ist, 1926.
W. H. CRAWFORD.
1 AM NOW PREPARED TO DO PRI
vate nursing. Mrs. Joanna Tetter
ton, Williamston, Route 3.
FOR SALE: MAMMOTH YELLOW
1 and lliloxi beans. See Dr. John D.
Higgg. "J 16 8t
LOST: DARK RED SOW, MARKED
smooth crop right and swallow fork
left ear. Dogs had gnawed and split
one ear. Please notify Jos. Aaron
Hassell. ml 6 2tp
NOTICE OF C
1 hereby announce myself a candi
date for the office of Sheriff of Mar
tin County subject to the action of
the Democratic primary, and solicit
the votes of the good men and women
of the county.
This the Ist day of March, 1926.
W. J. TAYLOR
FOR RENT: THREE UNFURNISH
ed rooms. Price reasonable. Ap
ply to Mrs. Richard Daniel, William
ston, N. C. r m 23 8t
GOOD STRAIN. BARRED ROCK
eggs for setting. $1 for 15. B. S.
Courtney. m 2 2t
NOTICE
We have a grist mill located at the
fork of highway No. 90 and the Mc-
Caskey road. Mill days Tuesdays and
Fridays. Guarantee k"o1 meal. Mi
zelle & Jenkins. m 23 2tpd
Thursday Night
Fried Shad, Scalloped Potatoes, Down
Home Macaroni, Oeam Chicken on Toast,
English Peas, Potato Salad.
Old Mill Inn
Special Showing
At Special Values
i
In coats, dresses, hats, shoes, hosiery
FOR ONE WEEK ONLY
$12.95 $17.95 _ $27.95 and $29.75
DRESSES ' .C DRESSES DRESSES
$9.95 $14.95 * $24.95 .
$13.95 $17.95 $27.95 and $29.75 "
COATS COATS COATS
$10.95 $14.95 $24.95
The finest collection of coats, dresses, hats, shoes, hosiery, and other finery for the
Miss and Matron—now on display for Easter wear.
Margolis Brothers
THE ENTERPRISE—WILLIAMOTON, N. C.
NOTICE OF SALE OF LAND
Under and by Virtue of the authori
ty contained in that certain deed of
trust executed by J. T. James, on the
31st day of August, 1925, to the un
dersigned trustee, said deed of trust
being of record in the public registry
of Martin County in book S-2, at page
89, said deed of trust having been
given to secure a certain note of even
date and tenor therewith, and the
stipulations in said deed of trust not
having been complied with, and at the
request of the parties interested, tho
undersigned trustee will offer for sale
to the highest bidder for cash, at pub
lic auction, on the 12th day of April,
1926, at 12 o'clock m., in front of the
courthouse door in the town of Wil
liamston the following described prop
erty to wit:
First tract: Bounded on the south
by J. O. Peel, on the .east by G. W.
Blount, on the north by A. D. Wynn,
and on the west by Joe Wynn, and
being a seventy-two acre tract of land
more or less, ull in woods, and being
that certain tract of land that the
said J. T. James owns a one-sixth un-
divided interest.
Second tract: Containing 50 acres,
more or lew, and known as the Geo.
P. James homestead, and being the
same place that the said George B.
James resided at the time of his death
and being same tract of land conveyed
t'j Geo. B. James by L. B. James and
wife, Elizabeth James, by deed dated
22nd day January, 1870, and recorded
in book 00, pages 247-248, now ad
joining the lands of Mc. G. Roberson
on east, James Mobley heirs on 6outh
and J. T. Barnhill on the west^
Third tract: Containing by survey
31 1-2 acres, more or less, and fully
described by metes and bounds as lot
No. 3 in a deed Geo. B. James dated
3rd April, 1902, by Mary L. James,
and recorded in public registry Mar
tin County, in book E-l, page 38(3, and
adjoining now the lands of J. T. Barn
hill on north and west, Wm. Britton
on the east, and being all the lands
owned by Ida James and L. C: James.
This is to only cover 1-6 undivided
interest in the above-described land. I
NOTICE
L ' *
Williamston subscribers will please
pay their bills at the Williamston office.
A number of people have mailed checks
to Tarboro. All checks should be mailed to
Williamston or bills paid at the office.*
• CAROLINA TELEPHONE
>
-■■■■ AND TELEGRAPH CO. _
This the 11th day of March, 1926.
J. S. AYERS,
ml 6 4tw Trustee.
Martin & Peel, attorneys.
NOTICE OF SALE OF REAL
ESTATE
Under and by virtue of the power
of sale contained in a certain deed of
trust executed to the undersigned trus
tee by W. H. Hopkins and wife, Addie
Hopkins, on the 30th day of Decem
ber, 1922, which said deed of trust is
of record in the public registry of
Martin County in book G-2, at page
533, and securing certain notes of even
date and tenor therewith, and the stip
ulations contained in the said deed of
tfust not having been- complied with
and at the request of the holder of
the said notes the undersigned trustee
will on Monday, the 12th day of April,
1926, at 12 o'clock m., in front of the
courthouse door in the town of Wil
liamston, North Carolina, offer for sale
to the highest bidder for cash the fol*
=Bg= 1 1 'I
lowing described real estate, to wit:
Beginning at the fork of the Wil
liam* ton and Washington road and the
Jones road, thence down said William
a ton and Washington Road 77 yards
to a pine; thence westward 85 yards
to a stake in the right of way of the
Jones road; thence up said road
yards to the beginning, containing one
acre more or less and being the school
lot this day deeded to Addie Hopkins
by 0. S. Green and wife.
This the 11th day of March, 1926.
ELBERT S. PEEL,
ml 6 4tw Trustee.
Martin A Peel, attorneys.
The
BULL'S EYE
"Editor mad Qtntrml Mmammmr
WILL ROCKM 1
Can't Smoke
History
A fellow from Carolina want* to
know where I get the idea that
"Bull" Durham and George Wash
ington come from the same state.
He says, "Why don't you write and
give the people the real History of
'Bull' Durham in its native State,
South Carolina, that people would
appreciate that more than these
Bull Legends of yours."
Now thanks, Sir, for your good
natured suggestion. If I knew His
tory I wouldn't be able to write
"Bull" Durham Ads. I would be
a College Professor, get everything
right, and get nothing for it
Everything you suggested me tell
ing the public about when and
where "Bull" Durham originated,
has been told for 66 years by typ
ical Advertising writers. That's the
only thing the Company asked of
me was "please don't tell again
where it came from, or how." You
see you didn't read their Ads, but
you did read mine and remembered
it, because it was wrong.
Writing Ads that will be re
membered is a queer game. This is
an Ad, not a History. I selected
Ads over History on account of the
pay. (American Tobacco Com
pany's pay is as good as its tobacco.)
Where "Bull" Durham comes from
or where it goes to is left for the
starving Historian.
P.S, You notice I named in th'u ar
ticle the WRONG Carolina. That'i »o
North Carolina will get tort became
I named South Carolina, and South
Carolina will get tore because I didn't
name North Carolina. A true South
erner never forgets.
P.P.B. There will be another piece
in thii paper aooti. Watch fur it
\ fW* VJ s \
V-^ls^
_ BULL
Durham
Guarit.ci.-J 5 ■ f
Q
ill Fax^.j.,: